Success story of Apeksha Gupta — Youngest CEO of John Jacobs | Believer of tech-driven future for eye-fashion

Fearless, confident, and smart, Apeksha Gupta became the youngest CEO and creative director of one of the leading D2C eyewear brands, John Jacobs, in 2018. Her strong sense of clarity channels her mindset for a revolutionary, technology-driven future for eye fashion. Her on-the-go style preference of a sleek dress, blazer, and structured eyeglasses identifies her fierce, chic, and feminine bent.

Apeksha Gupta

Apeksha started her career in a luxury space, a segment where India was still lacking. She worked as an intern with Future Brands and later shifted to Reliance Brands, Diesel, and Super Dry. The branding and provocative imagery used by Diesel in its heydays came as a fresh outlet for a bigger change. Demonetization and its impact on the luxury space allowed her to expand her focus towards larger markets, where external problems were not much of a hindrance for the business.

She also learned the children’s business at Marks and Spencers, to break into the larger space. Apeksha’s early likes of exploring the omnichannel and online retail segment in Diesel increased her curiosity towards exploring more of the retail segment in the fashion industry.

Having worked with many international luxury brands, Apeksha had realized that hopping on global and larger markets was a good way to shine out. She joined John Jacobs at its nascent stage and focused on building it as a digitally native Indian customer brand that focuses on larger markets as well as niche areas.

She said, “We realized price in India is an easy battle to lose. We focused on a customer base that values transparency, ease of lifestyle, and curation. Two years ago, we became the largest independent brand in the country.” Apeksha aims John Jacobs to be the default eyewear option for customers by seamlessly blending into their lifestyle.

Her forward-thinking mindset and product-focused technology-driven strategies led to the successful evolution of an economic model that aces on its quality, style, authenticity, and innovation. Overcoming every obstacle with flamboyance and allowing work to speak for itself, Apeksha Gupta is one of the true women entrepreneurs, who have revolutionized the world of business.

 

SBI shares zoom on 74% surge in Q2 net profit; analysts raise targets, estimates

Investors lapped up shares of State Bank of India (SBI) on November 7 after the company reported a strong, all-around performance for the quarter ended September 2022, leading to earnings well above what analysts had estimated.

State Bank of India (SBI)

The state-owned lender said its net profit surged 74 percent from a year earlier on improved asset quality and healthy loan growth. Its net interest income rose 12.83 percent to Rs 35,183 crore for the reported quarter, keeping with the improving trend of the previous two quarters.

Credit growth during the quarter was remarkable, beating even some of the top private banks. The largest lender of the country said the loan growth of over 20 percent year-on-year lifted core interest income and also operating profit growth.

Analysts at HDFC Securities underlined that net interest margin (NIM) reflation was sharper than expected at 3.2 percent (a rise of 15 bps sequentially) and is expected to improve further in the near term, with full MCLR impact yet to play out.Read More


Jeff Bezos-Biography

Entrepreneur and e-commerce pioneer Jeff Bezos is the founder and CEO of Amazon, the e-commerce company. He is also the owner of The Washington Post and the space exploration company Blue Origin. Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico and since childhood, he has taken a liking to computers that paved the way for the person he has become.

Jeff Bezos

Jeff Bezos Basic Information

Name Jeff Preston Bezos Category Entrepreneur Nationality American Alma Mater Princeton University Occupation Businessman, Investor, Computer Engineer Net Worth US $160 billion Birth Place Albuquerque, New Mexico, U.S Age 56

Jeff Bezos Family and Personal Details

Parents Jacklyn Gise Jorgensen Ted Jorgensen Spouse (s) MacKenzie Tuttle (m. 1993, div. 2019) Children 4 Religion N/A

Jeff Bezos Company Profile

Name Amazon Industry E-commerce, cloud computing, artificial intelligence, consumer electronics, digital distribution, self-driving cars Founded in July 5, 1994 Headquarter Seattle, U.S Areas served Worldwide Website www.amazon.com

Some lesser known facts about Jeff Bezos

  • Jeff Bezos started his first business — the Dream Institute, when he was in high school, which was an educational summer camp for school kids.
  • In 1990, he became D.E. Shaw’s youngest vice president and despite his successful career in finance, he decided to take risks and foray into e-commerce which was at a nascent stage back then.
  • Amazon was first launched in 1995 as a website that only sold books.
  • Though Amazon is a huge success today, Bezos had numerous failures along the way. Some of these include fire phone, amazon local, amazon wallet, music importer, etc. However, the entrepreneur says that his other experiments that have succeeded such as amazon prime, amazon kindle and other have paid for the failures.

 

Twitter Asks Dozens Of Laid-Off Staff To Return, Cites ‘Mistake’: Report

Some of those who are being asked to return were laid off by mistake. Others were let go before management realized that their work and experience may be necessary to build the new features Elon Musk envisions, the report said citing people familiar with the moves.

Twitter, Elon Musk

Twitter recently laid off 50% of its employees, including employees on the trust and safety team, the company’s head of safety and integrity Yoel Roth said in a tweet earlier this week.

Tweets by staff of the social media company said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams.

Twitter on Saturday updated its app in Apple’s App Store to begin charging $8 for sought-after blue check verification marks, in Elon Musk’s first major revision of the social media platform.

Twitter did not immediately respond to Reuters’ request for comment.


 

Focus on New Delhi’s role as Jaishankar heads to Moscow

AMID THE Russia-Ukraine conflict, External Affairs Minister S Jaishankar is headed to Moscow on Monday for a bilateral visit.

Minister S Jaishankar

Most of his meetings are scheduled on Tuesday, including a bilateral meeting with Russian Foreign Minister Sergey Lavrov and Deputy Prime Minister and Minister of Trade and Industry, Denis Manturov. There is no word yet on a meeting with Russian President Vladimir Putin, but it cannot be ruled out.Read More