Category: Brands

  • ASCI and Futurebrands launches ‘Wielding Influence, Nurturing Trust’ study at the #GetItRight Brand Influencer Summit

    Mumbai: The Advertising Standards Council of India (ASCI), in partnership with Futurebrands, unveiled the ‘Wielding Influence, Nurturing Trust’ report at the #GetItRight ASCI Brand Influencer Summit 2023 in Mumbai on Monday. The report discusses the best ways for influencers to build lasting relationships with consumers so that influencer-led brand growth is equitable and profitable for all stakeholders.

    The study brings together multiple perspectives that offer new insights into how influencers and brands can foster a culture in which they are genuine in their communication and build enduring engagement with consumers. The report highlights an opportunity for influencers to be engaged at earlier stages as stakeholders in the communication process. It also identifies six major influencer archetypes that allow for a more meaningful way to look at influencers than merely their followers or category affiliations. At a time when the creator movement is gaining significant momentum, the report provides a new paradigm of “informed trust” that allows for a ‘Trust Trinity’ that shapes effective production and consumption of content built on a foundation of authenticity and transparency. The study asserts that trust between consumers and influencers is the core of the relationship, and that it’s not a one-time event but a long-term process.

    The summit saw a keynote address by ministry of consumer affairs secretary Rohit Kumar Singh. It hosted top influencers such as trans icon and influencer Sushant Divgikar, Indian fashion icon Masoom Minawala, digital creator and cultural ambassador for India Kamiya Jani, food writer and actor Kunal Vijaykar, digital content creator Viraj Gelani, young finfluencer Anushka Rathod and India’s skin-positive influencer Prableen Kaur. 

    Comedian, actor and musician, Vir Das enthralled the audience with his unique satirical one-liners during an engaging fireside chat with journalist Anuradha Sengupta. 

    The other sessions were anchored by prominent experts such as Mukta Lad, Parul Ohri and Subhash Kamath. 

    The day-long event was filled with discussions, case studies, workshops and mentoring sessions, and offered budding influencers opportunities to network and shape their careers.

    The summit ended on a high note with participants mesmerised by the soulful music of Ankur Tewari in a special performance by Coke Studio Bharat. 

    ASCI CEO & secretary Manisha Kapoor said, “Besides laying down guidelines to protect consumers, ASCI is also committed to help the advertising ecosystem GetItRight, the study and the summit are a step in that direction. Influencers are brilliant, diverse minds that offer a new version of advertising that is excitingly different. Their content has led to connections with audiences in a way never seen before. It is important that trust, authenticity and transparency be the foundation for a sustainable creator economy, with consumer interest at the very core.”

    The agenda for the ASCI Brand Influencer Summit 2023 included:

    . Mentor Connect

    . Keynote address by Shri Rohit Kumar Singh, Secretary, Ministry of Consumer Affairs 

    . Panel discussion on the ‘Wielding Influence, Nurturing Trust’ report and influencer marketing

    . Decoding Effectiveness of Successful Brand-Influencer Partnerships by Knowledge Partner of the event BigBang.Social

    . Category Spotlight Sessions: Recipe for Success (Food and Health), Up Close and Personal (Fashion and Beauty), Reaching for the Sky (Travel and Lifestyle) and Show Me the Money (Finance and Fintech)

    . Future Gazing Session: a peep into the future of influencer marketing

    . Circle of Trust: fireside chat with Vir Das

    . Coke Studio Bharat performance

    The event was co-sponsored by, Cipla Health, Colgate Palmolive, Diageo India, Mondelez International and Nestle India. Associate sponsors for the event included, Coca Cola India, Johnson & Johnson India, and L’Oreal India. Knowledge partner was Big Bang Social and Media Partner, DB Corp Ltd. The category spotlight session was sponsored by Danone India, ITC Ltd., Johnson & Johnson, Kotak Mahindra Bank, L’Oreal India, MakeMyTrip, Mamaearth, and Marico.

    The co-sponsors of the event also co-sponsored the “Wielding Influence, Nurturing Trust” Report; other co-sponsors of the report included, Danone India, Godrej Consumer Products Ltd, ITC Limited, Mamaearth, and Red Bull India. 

    To access the full report, visit: https://ascionline.in/wielding-influence-nurturing-trust.pdf 

  • Zivame announces Fit Pledge

    Mumbai: Zivame, India’s intimate wear brand, announces its new initiative Fit Pledge that is aiming to help five lakh women across the country find their right size.

    The intimate wear category in India even today has sensitivities and taboos associated with it, leading to women not really seeking solutions to problems they face. Around 80 per cent of the women in India don’t know their right size and struggle with uncomfortable intimate wear every day. Zivame’s Fit Pledge initiative has been built to address this very serious concern.

    Zivame’s brand mission has always been to break taboos that surround this category and help women navigate and find solutions so that intimate wear is not something one has to suffer with through the day.

    The Fit Pledge initiative is encouraging women to visit Zivame stores and get themselves measured with the help of our Fit Advisors. The experts in the Zivame stores will give personalized consultations and help women not only find their right size but also identify their breast profile and discover products that are suited for them.

    Zivame head marketing Khatija Lokhandwala said, “We obsess over the right fit – to us, it’s a mantra, a movement, a mission to help you discover what makes you feel confident inside out. Zivame helps you discover the right fit for your body so you feel empowered and confident to seize the day. All day. Everyday.”

    The brand has tied up with celebrities like Kritika Khurana and Sayani Gupta, who have joined this mission to help women find their right fit.

  • Market Xcel launches the second edition of the Brand Xcel Coffee Table Book

    Mumbai: Market Xcel, a market research firm is all set to roll out the much-awaited report and brand findings, Brand Xcel in a Coffee Table Book format on 17 March 2023 at Oberoi, Gurgaon. From unfolding the top brands across segments to offering a refreshed view of consumer behaviors from urban and rural spaces; the Brand Xcel report is what you are looking for.

    The Brand Xcel report 2022 identified and featured top brands in India such as across Personal care – Colgate/Lux; Food – Amul, Britannia & Parley; Beverages – PepsiCo; Durables & Appliances: LG & Samsung; Mobile Phones: Oppo & Vivo; E-Commerce – Amazon; Automobiles – Maruti & Honda; BFSI – LIC; FMCG: Dabur & Godrej; Homecare: Harpic & Surf Excel based on consumer’s perspectives about the products and services and their changing preferences.

    Continuing the walk with their annual flagship property, Market Xcel is back with the second edition of the Coffee Table which is projected to be bigger and even more insightful covering diverse sectors, industries, and geographies.

    The Brand Xcel offers a deeper consumer connection and understanding (20,000 respondents across cities, including Rural India) along with past trends, contemporary contextualization of current consumer sentiments and in-depth analysis.

    The assessment as conducted by Market Xcel recognizes top brands that outperform others and offers brand rankings that can be circled back to consumer behavior. These learnings and reflections furnish points to ponder for marketing interventions.

    The celebration will be marked by the launch of the Coffee Table Book, a consumer-centric insights initiative, the book reflects the blurring of boundaries between rural and urban consumptions as well as the trends and consumer behaviour that has stayed vs the ones that have fizzled out in the old normal.

    Elated to launch the second edition of the Brand Xcel Coffee Table Book, Market Xcel executive director Ashwani Arora stated, “With life veering back to normalcy, the customer journey will only continue to transition at a rapid pace. This has led to a strategic flux in the marketing playbook that demands a constant update. Being birthed from uncertainties, this paradigm shift has inaugurated boundless opportunities for brands to connect with the new and empowered consumer”.

    He further added, “Brand Xcel is the ultimate insight initiative redefining the benchmark for the consumer-brand connect, decoding the behavioural changes and capitalising on the same to maintain the top-of-the-mind position with regard to consumer engagement. At the Brand Xcel 2023 Conclave, we look forward to hosting the finest marketing minds and industry leaders to deliberate and share game-changing insights.”

    This gathering will bring together marketing veterans, brand custodians, brand owners, and industry leaders from the marketing and branding fraternity under one roof to celebrate the Best Brands and deliberate to understand the nuances of successful brands. Stay tuned to the biggest revelations of the year.

  • PUMA’s campaign #IndianCricketTeamCaptainHarmanpreetKaur goes viral

    Mumbai: With the aim of bridging the gender gap in cricket, PUMA disclosed how a google search about the Indian cricket team captains only displays the men’s team skippers Rohit Sharma and Hardik Pandya whilst unfairly excluding the women’s team leader Harmanpreet Kaur. 

    With a video posted on their social media which has gone viral, PUMA exhibited an influential message that said “Cricket is everyone’s game” rather than just being a gentleman’s game, inviting fans of the sport to flood social media platforms Twitter, Quora, LinkedIn and Reddit with the hashtag #IndianCricketTeamCaptainHarmanpreetKaur. 

    The campaign is focused on ensuring that people write about Harmanpreet with hashtags to create maximum footprints for Google to automatically start acknowledging her name as part of the Indian cricket team as well as sparking conversations that recognize the prominence of women in the sport.

     

     

    An Arjuna Award recipient in 2017, Harmanpreet Kaur is the most capped player in women’s T20I format and was recently unveiled as the brand ambassador of PUMA. 

    The sportswear brand is taking significant efforts to ensure that gender-related stereotypes in cricket are diminished and this campaign is a testament to it.

  • HK Vitals brings focus on Real Collagen with its new campaign film

    Mumbai: HK Vitals, India’s D2C vitamin & mineral supplements (VMS) brand by HealthKart has simplified the narrative about choosing the right collagen by shining the light on the difference between real collagen and collagen builders. 

    The brand has launched its second campaign in the category today – “Real You. Happy You”. Featuring Yami Gautam Dhar, the campaign highlights the need to opt for real collagen to achieve healthier skin and long-lasting results. 

    With this film, the brand initiates a conversation to distinguish between real collagen and collagen builders. 

    HealthKart COO Chella Pandyan HealthKart said, “I am very delighted to say that HK Vitals has seen rapid growth owing to its innovative, effective, and contemporary offerings & collagen is a big focus for us. The Collagen market is still evolving and as a leader in the category, we feel it is important to educate our consumers about the importance of real collagen and its benefits.”

    Commenting on her collaboration with HK Vitals, actress Yami Gautam Dhar said, “I am so happy to associate with HK Vitals for its new campaign- Real You. Happy You. What made me want to associate with the brand the most was their philosophy of being real. I appreciate that HK Vitals is taking the lead in educating people about the importance of real collagen in their skin health. HK Vitals Skin Radiance Collagen is already an integral part of my daily skin care routine.”

    Speaking about the new campaign, HK Vitals head of brand Neha Gupta said, “Real You Happy You is all about dispelling the myth and breaking the illusion. It is the brand’s second campaign which enlightens consumers on different types of collagen products available in the market and nudges consumers towards the importance of choosing real collagen over collagen builders for effective and longer-lasting results. Yami’s simple lifestyle and approach to beauty and wellness align with the values of the target consumers and our brand philosophy, making her the ideal partner for the campaign.”

    15 months back, the brand launched its Collagen offering with the name of HK Vitals Skin Radiance Collagen and within a very short span of time, the product has become a leader in the category. The brand brings one of the best sources of Marine Collagen proven to have high efficacy on skin health, alongside skin nurturing ingredients like Vitamin C, E, Biotin and Hyaluronic Acid. The product is effective in replenishing lost collagen levels in the body and enabling younger looking and healthier skin. 

    Collagen is one of the most important ingredients for glowing skin and helps prevent early signs of aging. It plays a crucial role in maintaining bone, nail and joint health while providing a youthful and healthy appearance. However, even though the need for collagen has intensified, the lack of awareness about choosing the right collagen continues to be a huge concern. HK Vitals has deployed a comprehensive marketing approach pivoted on education in promoting the usage of collagen in India through various channels, including collaboration with dermatologists and different content creators. To create awareness about the product, the brand has also deployed in-store education materials, as well as free single use samples to encourage trials in the category. 

  • Himalaya rolls out a new sheet mask that restores youthful glow

    Mumbai: Conceptualised by 82.5 Communications, Bengaluru (Part of Ogilvy Group, A WPP company), the Himalaya Youth Eternity Face Sheet Mask Digital film promotes the need for a fast skincare routine for modern-day women, for whom life is always in hustle mode. 

    Women in their twenties are striving towards their goals, be it in their careers or their personal lives. However, the daily hurdles of a hectic work life and less than adequate sleep every night take a huge toll on their skin. But taking good care of their skin might be a challenging task for them due to lack of time. Himalaya uses this insight for the new communication for its Youth Eternity Face Sheet Mask. 

    The TVC is about a young woman who is busy with her new job, dealing with stress, gadget exposure, extreme heat, and pollution, but hardly gets enough sleep. This lifestyle shows up on her skin, which leads to it losing its youthfulness. This is where Himalaya Youth Eternity Face Sheet Mask comes to her rescue. The Sheet Mask is enriched with the exotic Edelweiss Plant Stem Cells that maintain the skin’s barrier and keep it smooth. An exotic plant that grows in the Alpine environments, Edelweiss braves the harsh weather conditions to thrive on the mountainside. It is this property of Edelweiss that is used in the Himalaya Youth Eternity Face Sheet Mask. 

    Himalaya Wellness Company brand manager Manik Sharma said, “Face Sheet Mask is a new age skincare format that has very quickly become a favourite among consumers. Himalaya wants to take this opportunity and offer our consumers the boost of healthy hydration with our 100% biodegradable face sheet masks in four variants: Strawberry, Blueberry, Mulethi, and Edelweiss Plant. In this busy life, one just needs a 15-minute application of Himalaya sheet masks to get one week’s worth of serum hydration.” 

    82.5 Communications India (South) EVP, South Naveen Raman said, “The modern-day woman today leads a fast paced and multi-dimensional life. In doing so her self-care and beauty regime get compromised. We found an apt role for the brand in the consumer’s life; that is to offer the radiance of healthy skin with a hassle-free beauty regimen.”

    82.5 Communications India (South) executive creative directors Sangeetha Sampath and Ravikumar Cherussola further elaborated, “With this TVC, we wanted to tell young women that no matter how busy they are with their professional commitments, it is always better if they can find a simple skincare routine that does not take much of their time. Himalaya Youth Eternity Face Sheet Mask does that for them without interrupting their busy schedule so that they can go on chasing their dreams and keep having fun!” 

  • “We are looking at an international expansion across Dubai, Mexico and Canada”: Curl Cure’s Simran Sainani

    “We are looking at an international expansion across Dubai, Mexico and Canada”: Curl Cure’s Simran Sainani

    Mumbai: I have naturally curly-wavy hair and used to truly wonder about what it is like for those like me to deal with such kind of hair. It came as a sign of relief when brands catering categorically to curly-wavy hair made an entry into the market. One such brand was Curl Cure, a D2C cruelty-free homegrown brand that offers an exclusively formulated product range for Curly and Wavy hair texture for all age groups. Curl Cure began its offline sales in 2018, but made a formal D2C launch with its website on 29 August 2019.

    After tasting success in the Indian market within three years, Curl Cure is all set to launch in the international terrains of Dubai, Mexico and Canada.

    Mumbai: In a confab, Indiantelevision.com spoke to Curl Cure founder Simran Sainani who elucidated on the purpose of launching a brand such as Curl Cure, the presence of the brand in the Indian market, taking the plunge of expansion to foreign markets and much more.

    For starters, the hair care segment in India amounts to Rs 237.70 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 5.79 per cent (2023-2027), as per Statista. Additionally, the global natural hair care products market size was valued at $10.30 billion in 2022 and is anticipated to increase to $13.84 billion by 2028, with a growing CAGR of 6.51 per cent in the next six years, as mentioned in a report by Market Data Forecast in June 2022.

    Talking about Curl Cure’s revenues Sainani reveals that the revenue growth for the brand in FY 2020 – 21 was 29 per cent with a turnover of Rs 4.5 million, and for FY 2021 – 2022 was 66 per cent with a turnover of Rs 7.5 million.

    With digital and TV being important mediums, Curl Cure spent approximately 80 per cent on ads for digital media and 20 per cent for television, as of last year.

    The brand has worked with around 200 influencers nationwide to create engaging content using reels, storytelling, product reviews, and contests. This collaboration has helped Curl Cure raise awareness, strengthen the brand’s image, and boost social engagement through content. The influencers with whom the brand has worked are:

     

     
     
     

     
     
     
     
     

     
     

     
     
     

     
     

    A post shared by curlyderma (@curlyderma)

     

    Deliberating on the brand’s competitors in the Indian market, Sainani says, “While we are focusing on customisation for providing solutions to fix curly hair problems, there are other brands who are working in the same field and providing hair care solutions for curl heads. These are “Fix my curls, Ashba Botanics, Curl Up.”

    She feels that Plex and bond treatments are the new trends that have been observed. As the hair colour industry is growing, treatments to “fix” the damage will also be in need going forward.  

    Shedding light on the bestsellers of Curl Cure in the Indian market, Sainani points out that while all their products are loved by their customers, some of the hero products which have maximum repeat purchases include the Hair Growth Elixir (50ml) which revives hair growth, reduces hair loss and increases hair density; the Define & Shine Curl Cream (200ml) which helps in achieving better style control for naturally curly hair; and the Travel Kit which includes the Untangled Shampoo, the Hydrate Don’t Hate Deep Conditioner and the Define & Shine Curl Cream (50g of each) which helps one travel light with a 3-step curl routine that fits right into one’s pouch.

    The top-selling product offerings that Sainani intends to sell in the international markets includes the Untangled Shampoo, Intensive Hydrating Conditioner, Define & Shine Curl Cream, Hair Growth Elixir, and its travel-friendly Curly Hair diffusers. Out of these, the latter three are some of Curl Cure’s fast selling products that will give tough competition to other brands in Dubai, she mentions.

    Edited excerpts:

    On how you got started with your brand Curl Cure

    During my childhood, I was constantly bullied by my friends for my hair texture. I was on the lookout for heating and straightening tools in order to meet societal expectations of having straight and flawless hair, until my hair volume was reduced by half. After years of hair torture, I decided to embrace my natural curls. Inspired by my own experience, I launched Curl Cure on August 29, 2019, during the lockdown, with the goal of assisting people all over the world to love and embrace their natural hair and break free from the allegory of straight hair. We received tremendous support from the audience and built an army of over 47,000 women in India in just three years. We are now expanding our reach into international markets with a vision to become a household name in the hair care industry.

    On the USP of Curl Cure and its differentiating factors

    Curl Cure’s unique selling point is that it is a homegrown, organic, and cruelty-free brand that focuses on personalization and customized services to people of all ages. We ensure a personal connection with each customer by tracking their purchase history, product usage, and requirements via digital channels and implementing these data points to provide the best experience to the customers. The well-formulated product line caters to all age groups, providing superior hair care without the use of synthetic additives, promoting a healthy lifestyle and keeping it natural.

    On the adoption of social commerce and making Curl Cure India’s first D2C hair care brand with its own salon

    The brand started as a digital-first approach in India and soon made inroads into e-commerce marketplaces to scale along with physical salons and retail stores. In response to the surge in demand for the brand from the international market, we set up a salon and retail business in Dubai to provide a personal approach. On the other hand, the US market is popular for e-commerce businesses, so we made the products accessible on e-commerce platforms like Amazon. We, as a brand, further aim to expand our footprints to the Mexican and Canadian markets.

    We are active on all social media platforms and have worked with over 200 influencers from all over the nation. Initially, we began with 28k followers and have seen a 20 per cent surge in the follower count on our IG handle. We also offer tailored services at our exclusive salon in Thane, Mumbai, which is soon expanding. In addition to the exclusive Mumbai store, we organise curly hair care workshops in multiple cities to help curly heads embrace their natural locks and feel confident in their hair rather than shying away from them. During the workshops, we offer hair care mentoring and share knowledge and expertise with people.

    On the growth of Curl Cure in India in terms of sales volume, and the expected increase in sales from global markets

    We began our offline sales in the Indian market in 2018 where we sold out the entire batch of Curly Hair Shampoo, Conditioner and Curl Cream within 2.5 months of launch. These were 3000 pieces which were purchased by over 4700 customers. The curly head community absolutely loved our products which helped us in gaining 8x ROI for the first three months, and aided us in acquiring 35 per cent of the Curly Hair market share.

    Through our global expansion, we aim to make Curl Cure a household name worldwide by focusing in the Mexican and Canadian markets. Curl Cure already has a presence on Amazon US in the US. In response to the surge in demand for the brand from the international market, we set up a salon and retail business in Dubai to provide a personal approach.

    On the challenges in establishing the curly hair care brand as a niche in India

    Despite the fact that 60 per cent of the world’s population has curly or wavy hair, Indians have always considered straight hair to be the ideal type. The irrational obsession has manifested itself over the ages in society’s perception and cinema’s projection of curly-haired women as quirky, wild, or rebellious; breaking this stereotype of straight hair is one of the most difficult challenges. Our vision while creating Curl Cure was to help the curly hair community and encourage them to be confident in their natural curls so that they don’t need to end up using harsh chemicals to fit the societal expectations of being beautiful.

    On being a young female entrepreneur in a world which still runs strongly on a patriarchal note and not many women in senior roles or at the C-suite level yet, and how difficult or easy it was to find and make your place in a highly competitive industry like haircare

    Not being from a business background was quite a challenge initially, but I was constantly determined and passionate to work hard for my curl head community. A positive attitude kept me going strongly towards my journey of establishing Curl Cure. Understanding the customer perspective and continuously working towards customer satisfaction is the ultimate key to a successful business. Following this notion helped me as we at Curl Cure constantly monitor our customers’ feedback & specialize in providing personalized services to them through our offline salon.

    On the advertising and marketing strategy that you have adopted for Curl Cure

    Influencer marketing is one of the marketing strategies for our brand. Besides that, we run promotional offers and discounts on our website on special occasions like Diwali, Christmas, Republic Day, etc. and promote it with the help of our influencer network and also offer certain rewards in the form of gift cards and referrals to our esteemed customers which helps us to maintain the brand loyalty and ensures repeat purchase.

    On myriad D2C brands taking the influencer marketing route and your take on this for the brand, Curl Cure

    Influencer marketing is the most effective way of creating awareness regarding one’s brand. I believe content/storytelling plays a very vital role which eventually helps to attract the audience towards the brands. It allows the brand to stand apart from others and shine in the crowd. We use our influencer relationships to spread love and promote natural curls! We tend to create experiences that strengthen our bond with our customers through engaging content from influencers nationwide. It has helped the brand to gain more visibility and has developed trust amongst its target audience, both of which have assisted in scaling up its revenue by 25 per cent.

    On footprint expansion in India – digitally and retail expansion too, and if you are looking at opening the brand’s stores across the country – selling through standalone brand stores or the marketplace model

    While our current focus is global expansion, we will be continuously working towards increasing our presence across India, by way of the retail market and entering into tier II & tier III cities. Along with this, we will also look at offline stores and distribution channels.

    On the trends that have been observed in international markets and how different they are from the Indian market

    •     Growing demand for organic hair care products – consumer preference is shifting towards organic and herbal due to increasing awareness regarding the adverse effects of chemicals used on health and the environment, thus heightening the consumption rate.
    •     Early acceptance – People outside of India are less concerned with what others think of them and do not feel pressure to conform to social standards of beauty. They accept themselves as they are and recognise the value of using organic products over those laced with chemicals in the long run.

    On establishing a niche in the Indian market, and your strategy to position the brand in the international markets of Dubai, Mexico and Canada

    With a focus on making the brand a household name all over the world, we aim to increase the brand’s footprints in the Mexican and Canadian markets. We already have a presence on Amazon US in the US. On the other hand, we have observed a significant demand from the Dubai market. Additionally, our internationally sourced ingredients set us apart from other players and we intend to provide our customers with superior hair care without the use of synthetic additives.

    On the kind of advertising and marketing strategy that you plan to adopt for expansion in the international markets

    Influencer marketing is currently the highly effective way of promoting the brand and also connecting with a wider audience of all age groups. Creating engaging content on social channels helps to attract the audience towards the brand and helps us reach a wider pool of audiences. In the international markets, we will be continuing with performance marketing, and influencers for our brand messaging. Along with this, we will also be focusing on Google ads and Amazon.

    Your vision and way forward for the brand Curl Cure in 2023

    Curl Cure is a homegrown, cruelty-free, organic hair-care brand that offers an exclusively formulated product range for Curly and Wavy hair texture for all age groups. We aim to help people embrace their individuality by assisting them in nurturing their natural curls and assisting them in becoming the best version of themselves. We aspire to make Curl Cure a household name all across the country. The products are made of natural ingredients without any adhesive use of chemicals, promoting a healthy lifestyle and keeping it all natural.

  • HUL signs agreement for the sale of Annapurna and Captain Cook brands

    Mumbai: Hindustan Unilever Limited (HUL) today announced that it has signed an agreement for the sale of its atta and salt business carried out under the brands ‘Annapurna’ and ‘Captain Cook’.

    The brands are being sold to Uma Global Foods Pte Ltd., and Uma Consumer Products Private Ltd. which are subsidiaries of Reactivate Brands International, a Singapore-headquartered company and an affiliate of CSAW Aqbator Pte Ltd. (Singapore). CSAW is focused on acquiring and scaling up food brands to promote affordable wellness.

    HUL’s decision to divest is in line with the stated intent of exiting non-core categories while continuing to drive its growth agenda in the packaged foods business of dressings, scratch cooking and soups.

    The deal envisages the transfer of trademarks, copyrights and other intellectual properties associated with India and several other geographies. The transaction is subject to customary closing conditions, and HUL will continue to manage the business until the completion of the transaction.

    HUL CEO & managing director Sanjiv Mehtasaid, “Launched more than two decades ago, Annapurna and Captain Cook enjoy strong equity. Given our strategic priorities and portfolio choices, we believe it is in the business’ best interest to sell these brands to Reactivate Brands International, which is well-positioned to unlock their full potential.”

    Uma Global Foods co-founder Ashok Vasudevan said: “We are delighted to bring Annapurna and Captain Cook into our portfolio. Both these brands have a long history of providing high quality food products to Indian consumers. We are confident of scaling them up and expanding globally, leveraging founders’ experience. These brands fit well with our mission to promote affordable wellness.”

  • WPP partners with Stripe to expand commerce and payments solutions for brands

    Mumbai: WPP has partnered with Stripe to develop new commerce and payments solutions on behalf of joint clients. With this announcement WPP is now a consulting partner within the Stripe Partner Ecosystem (SPE). This is a programme which provides a package of resources and access to consulting firms.

    WPP, together with Stripe, will engage in strategy and consulting to help clients with a range of initiatives including digital transformation, new product launches, e-commerce design and development, mobile applications and payments infrastructure. WPP will receive early access to new product releases and go-to-market strategy in addition to receiving support from Stripe’s team of commerce and payment experts.

    A recent report on the future of commerce suggests that 57 per cent of global consumer spend is already online, and 60 per cent of shoppers say they will increase their usage of digital shopping channels in the future.

    By partnering with Stripe, WPP will enhance its digital commerce capabilities across its business which includes over 13,500 commerce specialists globally. The news follows WPP’s recent acquisitions of commerce agencies Diff and Fenom, and exemplifies the company’s continued investment in its commerce offer for clients. Ranked as a leader in Forrester’s latest global commerce services wave, WPP already manages more than $40 billion of direct and $20 billion of marketplace GMV for clients.

    Stripe is a financial infrastructure platform for businesses. Millions of companies such as Amazon, Ford, Maersk, Shopify and Le Monde use Stripe to accept payments, grow their revenue and accelerate new business opportunities. Stripe’s partner ecosystem provides the services and technology to enable enterprises across all industries to transform their ecommerce experience.

    WPP CTO Stephan Pretorius said, “As companies increasingly move to digital channels to improve the customer experience, it becomes important that they implement a robust system with quality data to integrate their brand and commerce strategies. Through the deployment of best-in-class technology platforms, like Stripe, we’re able to support bold client ambitions, promote powerful data-driven commerce performance and remove friction in delivering first-rate customer experiences.”

    Stripe VP global partnerships and alliances Dorothy Copeland said, “The increase in online spending is accelerating, and companies need to innovate quickly to stay ahead of consumer demand. By combining Stripe with WPP’s extensive commerce experience, businesses can modernize, get more out of their digital channels, and grow entirely new revenue streams.”

  • Madison Media and PMG consult Polycab India to become the official partner for ICC

    Mumbai: India’s electrical goods company, Polycab India, has become the official partner of the International Cricket Council (ICC). Madison Media and Professional Management Group (PMG) consulted Polycab on this deal. Both Madison Media and PMG are part of Madison World, India’s homegrown communications network.

    ICC and Polycab’s association begins immediately and will cover all major ICC men’s and women’s events until 2023. This includes the ICC Women’s T20 World Cup in 2023, which will take place in South Africa; the ICC Men’s World Cup 2023, which will be held in India; and the ICC World Test Championship 2023, which will be held in England.

    For the first time in the tournament’s history, the association will culminate in the 2023 ICC Men’s World Cup, which will be hosted exclusively in India. Through this partnership, Polycab will aim to deepen its engagement with their existing and future customer’s and drive the message ‘We Innovate for a Brighter Living’. All communication throughout the tournament will focus on its innovative, safe and energy efficient products, build customer and influencer awareness and engagement. 

    ICC Cricket World Cups are the biggest events in cricket and Indian fans will have the chance to witness the action first-hand after the win in 2011. By connecting through a sporting event that has global fans who love and adore the sport, Polycab will be able to reach and connect with over 1.5 billion new people around the world.

    On this announcement, Polycab India president and chief marketing officer Nilesh Malani said, “It is a matter of great pride for Polycab, a reputed home-grown brand with presence in 60+ countries, to partner with the International Cricket Council. The game is a passion for millions of fans worldwide and being driven by the same philosophy, we at Polycab understand the importance of connecting with our customers through their passion. We are happy to collaborate with Madison Media and PMG and leverage their unique strengths to deliver outstanding results for Polycab”.

    “As Polycab embarks on a journey to build a mega brand in India, it has taken the right step of building a deeper association with cricket. Ground sponsorship of ICC events create a certain aura for the Brand. And this year the ICC Men’s World Cup will also be held in India, which will increase the interest of Indians in the tournament. I have no doubt that Polycab will gain deeply by becoming the official partner of ICC”, commented Madison world chairman Sam Balsara on this association.