e-commerce
Paytm Insider announces its new theatre initiative, ‘Front & Centre’
NEW DELHI: India’s leading entertainment ticketing platform, Paytm Insider is set to deliver theatre experiences digitally with its new initiative, ‘Front & Centre’. Created keeping in mind storytellers as well as theatre-lovers, this initiative aims to bring the experience of theatre alive, online.
‘Front & Centre’ is launching with a showcase of notable plays Every Brilliant Thing by QTP and Iti Ninna Amrita (Kannada) by Rangashankara Theatre in July, followed in August by One on One – Unlocked by Rage Productions, Timeloss produced by Akvarious Productions and Doppelganger by The Company Theatre. A key focus for Paytm Insider with this is bringing theatre productions in regional languages from across India in the spotlight. The plays currently featured are in Hindi, English and Kannada and more productions in other languages will continue to be added.
Paytm Insider CEO, Shreyas Srinivasan, adds “Over the last year, we’ve brought several exciting theatre productions forward including plays by Aadyam, Salim-Suleiman’s Umrao Jaan and storytelling works by Kommune. The launch of Front & Centre reaffirms our investment in strengthening the vibrant theatre ecosystem in India.”
‘Front & Centre’ has conducted its first workshops with sessions on Audio Drama with Frederick Greenhalgh, Scriptwriting with Carl Miller, and Comedy writing with Anuvab Pal. With these workshops, Paytm Insider aims to provide a lens into the art of theatre for those already in the field, and even for those stepping into it. Paytm Insider is supported on this initiative by Shernaz Patel and Nadir Khan, using decades of their experience to re-imagine theatre for the digital world.
Speaking on the IP, Creative consultant, Front & Centre, Nadir Khan, said, “Lockdowns and social-distancing provide much disturbance to a form that is meant to be consumed live and is essentially a dialogue between a performer and a live audience. At its very core, however, theatre is about story-telling. Stories that need to be told and need to be heard. Stories that excite, entertain, provoke, educate and inspire. With Front & Centre, we’re hoping to provide a home for theatre practitioners to continue doing just that, albeit online for now. It’s a new medium, really, and the challenges that come with that are both exciting and daunting. I’m very happy, therefore, that Paytm Insider has decided to dive head-first into it with Front & Centre and has allowed me to be a part of that journey. I’m certain that this will help Indian theatre to continue to work, grow, collaborate, innovate, stay relevant, engage and (most of all) continue that dialogue between the performer and audience.”
Speaking on the IP, Creative consultant, Front & Centre, Shernaz Patel – "If I had been told three months ago that the internet would be my new stage and the sofa my new auditorium I would have laughed disbelievingly. I am a purist. I thrive on the live and immediate thrill of theatre and shy away from technology. And yet like it or not here we are. I could have hibernated. But Insider’s Front & Centre came along at the right time and made me embrace this new normal. Because it’s a platform that understands that theatre is vital. That theatre is where compelling stories get told. That theatre has a unique place in our collective culture to educate, inspire and entertain."
Speaking on the launch, Paytm Insider Business Head Live entertainment (IPs & Partnerships) – Varun Khare said, “As large gatherings to watch theatre productions remain a thing of the distant future and live performing arts are adopting a new alternative of moving online. We're working hard to create a sustainable ecosystem for artists, producers, promoters & all those behind the scenes to come together to continue entertaining fans across the country. We strive to make it a great alternative medium to entertain fans. With Front & Centre, we hope to (re)connect fans with the power of theatre and storytelling.”
e-commerce
Flipkart rolls out 105 per cent bonus for 20,000 employees
Strong FY25 performance drives payouts even as layoffs and shifts unfold.
MUMBAI: In a year where belts were tightened and rewards loosened, Flipkart seems to be playing both offence and defence trimming roles on one hand while handing out a generous 105 per cent bonus on the other. The Walmart owned e commerce major has rolled out a 105 per cent bonus payout for 2025, covering nearly 20,000 employees, signalling a year of steady operational momentum even as the company navigates restructuring pressures. The payout, communicated internally by chief human resources officer Seema Nair, is tied to performance across key metrics including growth, operational efficiency, financial outcomes and people indicators, a combination that suggests the company is inching closer to its long stated goal of sustainable profitability.
Employees at SD level and below are set to receive their bonuses in March, while payouts for senior leadership, including vice presidents and senior vice presidents, will follow after the close of the performance cycle. The elevated 105 per cent multiplier stands out in a sector where cautious payouts have increasingly become the norm, pointing to what appears to be a relatively strong internal scorecard for FY25.
Yet, the announcement arrives with a noticeable contrast. Earlier this year, Flipkart reduced its workforce by around 300 roles as part of its annual performance review process. While officially framed as performance driven, the juxtaposition of layoffs alongside above target bonuses reflects a more nuanced balancing act, one that prioritises cost discipline while continuing to reward and retain high performing talent.
This dual approach is becoming increasingly common across the technology and e commerce landscape, where companies are navigating an uneven hiring environment while under pressure to deliver profitability. Rewarding top contributors, even amid selective workforce reductions, allows firms to maintain morale and retain critical talent without losing sight of financial prudence.
At the same time, Flipkart is also undergoing leadership shifts that hint at a broader strategic recalibration. Nishant Verman has been appointed senior vice president for corporate development and partnerships, while group chief financial officer Sriram Venkataraman is set to step down. Ravi Iyer will take on expanded responsibilities within the finance function, marking a reshuffle at the top as the company gears up for its next phase.
These changes come amid reports that Flipkart is planning to shift its holding structure back to India, a move widely interpreted as groundwork for a potential public listing. While timelines remain fluid, the combination of stronger financial discipline, leadership restructuring and employee incentivisation suggests a company preparing itself for greater scrutiny and scale.
For employees, the 105 per cent payout offers a welcome boost in what has otherwise been a period of adjustment. For Flipkart, it is a signal that even as it cuts where necessary, it is willing to spend where it counts. In the high stakes game of growth versus profitability, the company appears to be hedging its bets carefully, rewarding performance while reshaping itself for what could be its most defining chapter yet.
