iWorld
Prashant Gupta joins Bolo Live as CTO
Mumbai: Social live streaming platform Bolo Live has appointed Prashant Gupta as chief technology officer.
Gupta brings with him over 13 years of diverse engineering experience. Previously, he was associated with Pratilipi as co-founder and CTO, and has also had a stint with Amazon. Besides Pratilipi, he co-founded Hubblestellar Technologies and a fintech product called Zero65 technologies.
“I look forward to working closely with the exceptional leadership team and a group of the most talented people at Bolo Live. I am also excited about starting my new role and playing my part in helping take Bolo Live onto the next phase of its transformation journey by building a world-class technology team and innovative culture,” Gupta said. “Building scale for technology-driven products keeps me going. I am confident that, together, we will capture the next wave of growth for Bolo Live and create a positive impact in the lives of millions.”
In his role at Bolo Live, Gupta will lead the technology team to bolster the scale of the platform to achieve the company’s Indian and global expansion goals, while driving tech innovation to enhance user experience, said the statement.
“We are elated to onboard Prashant as he comes with a strong track record of building and scaling technology-driven products. His experience across technology companies like Amazon and Pratilipi will help us create a significant improvement in value for our users,”stated Bolo Live co-founder and CEO Varun Saxena. “Bolo Live has an incredible opportunity with its USP of democratising monetisation for content creators, by leveraging the active engagement of live streaming. Prashant will be integral to our leadership team as we get set to enter the next phase of our growth journey at Bolo Live.”
“We are currently ramping up the team aggressively and in the next few weeks will see announcements of prominent hiring across technology, product, and marketing roles,” Saxena further said.
e-commerce
Indian used car market matures with steady 6-10 per cent monthly sales in 2025
Cars24 report shows Baleno tops charts, Tier-2 cities drive 62 per cent demand and financing hits 52 per cent.
MUMBAI: Buckle up India, the used car market isn’t just cruising anymore; it’s shifting into a smooth, confident overdrive, proving that pre-loved wheels have officially become the nation’s smartest first choice. According to the latest Gears of Growth 2025 report by Cars24 and Team-BHP, every single month chipped in a rock-steady 6-10 per cent of annual volume in 2025. No wild festival spikes, no desperate year-end discounts just consistent, need-driven buying that screams market maturity.
Discovery has gone fully digital, with trust now riding shotgun on video. Pre-delivery inspections were googled by over 1.7 lakh Indians last year, while Youtube reviews turned casual scrollers into confident buyers. Even AI is steering decisions: search volumes for “buy” rocketed 7.2x, “new car” 8.1x, “sell” 2.3x and “challan” a whopping 9x year-on-year, with overall AI queries surging 6.7x.
The old NCR monopoly is history. Maharashtra now leads with 20.1 per cent share (up from 16.4 per cent), Karnataka jumped to 16 per cent (from 10 per cent), Gujarat surged to 13.1 per cent (from 8.7 per cent), Uttar Pradesh climbed to 12.5 per cent, Tamil Nadu to 11.7 per cent and Telangana to 10 per cent. Delhi’s slice shrank dramatically from 13.8 per cent to 5.8 per cent, and Haryana from 10.7 per cent to 5.6 per cent. The centre of gravity has clearly shifted: Tier-2 cities now command 62 per cent of sales versus 38 per cent in metros.
Hatchbacks still steal the show with 52 per cent share, SUVs revved up to 32 per cent (up sharply from previous years), while sedans eased to 16 per cent. Baleno became India’s undisputed used-car king at 15.5 per cent, followed by Grand i10 at 13.2 per cent and Kwid at 11.3 per cent. Nexon, Tiago, Elite i20, City, Swift, Amaze and Creta rounded out the top 10, with compact SUVs and feature-packed rides clearly winning hearts.
Buyers are spending more average selling price settled at Rs 5.47 lakh but not uniformly. Karnataka led at Rs 5.06 lakh thanks to newer models, Tamil Nadu at Rs 5.49 lakh, Maharashtra Rs 5.06 lakh, Gujarat Rs 5.05 lakh and Uttar Pradesh the most value-driven at Rs 4.90 lakh. Petrol ruled with 84.5 per cent share, diesel 9.46 per cent, petrol+CNG 5.96 per cent and EVs/hybrids a tiny 0.08 per cent. Manuals still dominate at 72 per cent, automatics at 28 per cent, with younger buyers, women and metro residents leaning more towards self-shifters.
Silver emerged as the nation’s favourite shade (over 30 per cent), teaming with white to claim 57 per cent of all cars. Financing is now the real hero, 52 per cent of buyers went the EMI route in 2025 (average Rs 11,400 monthly), up dramatically from 23 per cent in 2024, with non-metro markets hitting an impressive 58 per cent penetration. Digital lending handled the heavy lifting, especially for cars above Rs 7 lakh where financing crossed 60 per cent by early 2026.
From AI-powered confidence to feature-packed upgrades and EMI-friendly ownership, 2025 proved one thing loud and clear: India isn’t just buying used cars, it’s choosing smarter, bolder and far more exciting rides than ever before. The future of driving? It’s already on the road, and it’s looking remarkably well-certified.
