Category: MAM

  • Mattress firm Wakefit throws down the gauntlet to Netflix in battle for India’s shut-eye

    Mattress firm Wakefit throws down the gauntlet to Netflix in battle for India’s shut-eye

    MUMBAI:  In a ballsy marketing campaign that’s got the attention of the advertising world, Indian mattress maker Wakefit has taken a full-page broadside at streaming behemoth Netflix, cheekily positioning the US giant as its direct competitor in the battle for Indians’ bedtime hours.

    The eye-catching advert, splashed across mainline newspapers nationwide, references Netflix co-founder Reed Hastings’ infamous 2017 quip that “sleep” was their biggest competitor—a joke that’s turned into a bloody nightmare for millions of Indians, according to Wakefit.

    “In India, the joke came true,” proclaims the advert with undisguised glee. “According to Wakefit’s Great Indian Sleep Scorecard 2025, 51 per cent Indians blame binge-watching for late nights, and one in three of us have insomnia. Happy now, Mr Co-founder?”

    wakefitThe cheeky campaign, timed to coincide with World Sleep Day which was on 14 March, sees Wakefit positioning itself as the plucky David to streaming’s Goliath, declaring “sleep a.k.a. Wakefit is competing back” with what the company has dubbed “sleep-tech vs screen-tech” and “now sleeping vs now streaming.”

    Wakefit co-founder Chaitanya Ramalingegowda didn’t stop at print. The savvy entrepreneur took to social media with a video of himself reading the advert, further amplifying the message that’s struck a chord with knackered Indians nationwide.

    “May ‘du-dumm’ become the sound of India crashing on a Wakefit mattress,” the advert proclaims in a cheeky reference to Netflix’s iconic sound logo. “The road is long. It may take several seasons to beat the competition. But this show is never getting cancelled.”

    Not content with mere verbal sparring, Wakefit is backing its fighting talk with action, offering punters up to 55 per cent off all mattresses until 16 March—a commercial sweetener that’s got cash-conscious consumers sitting up in their beds.

    The campaign dovetails perfectly with this year’s World Sleep Day theme: “Make Sleep Health a Priority.” The annual awareness day, organised by the World Sleep Society, aims to elevate conversations around sleep health globally at a time when digital distractions are at an all-time high.

    Industry analysts are calling Wakefit’s campaign a masterstroke in challenger brand marketing. By positioning streaming giants as the villain in India’s sleep crisis narrative, the mattress maker has effectively elevated itself from flogging bedroom furniture to championing a public health cause.

    With Netflix raking in billions globally while Indians increasingly struggle to catch their forty winks, Wakefit’s provocative question—”Happy now, Mr Co-founder?”—might just be keeping a few streaming executives up at night for a change.

  • Fintech powerhouse Angel One snaps up Walmart tech guru in C-suite shuffle

    Fintech powerhouse Angel One snaps up Walmart tech guru in C-suite shuffle

    MUMBAI: Angel One Ltd has poached tech heavyweight Rohit Chatter as its new chief data officer, while bidding farewell to outgoing data chief Deepak Chandani.

    Chatter, fresh from his gig as chief software architect at Walmart Global Tech, will take the reins with immediate effect, as Chandani prepares to clear his desk by April  end.

    The well-timed appointment sees Angel One doubling down on its AI ambitions, with chairman Dinesh Thakkar making no bones about the company’s lofty aspirations. 

    “We’re not just embracing the future of finTech—we’re building it,” he declared with characteristic swagger. “Data is the foundation of this revolution and Rohit’s unparalleled expertise in AI, cloud platforms and data science will be a game-changer in redefining digital investing. With his leadership, we will push the boundaries of innovation, deliver hyper-personalized experiences and empower millions with smarter financial solutions.”

    Chatter brings nearly three decades of tech wizardry to the table, having cut his teeth at Silicon Valley giants and masterminded large-scale data operations. At Walmart, he was the brains behind their generative AI revolution, while his stint as CTO at InMobi saw him transform their remarketing platform into a cash cow across major markets.

    The data boffin’s CV also boasts impressive turns at Yahoo India, where he spearheaded big data initiatives, and various leadership roles at Talisma, IPSoft, TiVo and Alcatel in the US. His tech toolkit includes everything from Oracle databases to Unix systems, alongside programming chops in Perl, Python and Java.

    Chatter, who holds a BE in electronics & telecom and an MBA from NMIMS, seems positively gung-ho about his new role. 

    “Angel One is revolutionizing the financial services industry with its AI-first approach and I am excited to be part of this dynamic team. AI and data science are shaping the future of investing and my focus will be on enhancing Angel One’s platforms with automation, predictive analytics and intelligent insights that empower investors across India. The potential to innovate and scale AI-led financial solutions at Angel One is immense and I look forward to thisjourney,” he enthused, barely containing his excitement at the prospect of unleashing predictive analytics upon India’s investing masses.

    For the uninitiated, Angel One stands tall as India’s largest listed retail stock broking house by active NSE clients. The tech-savvy outfit serves over 30 million investors through its digital platforms, including the Angel One Mobile App, the rather clever ‘ARQ Prime’ recommendation engine, and the ‘Smart Money’ educational platform designed to turn investing novices into market maestros.

  • Singapore’s Temasek bags a tasty morsel of Indian snack giant Haldiram’s

    Singapore’s Temasek bags a tasty morsel of Indian snack giant Haldiram’s

    MUMBAI:  Singapore’s state investment firm Temasek has finally taken a bite out of India’s snack market, snapping up a 10 per cent slice of Haldiram’s for a whopping $ one billion. 

    The deal, which values the bhujia behemoth at an eye-watering $10 billion, comes after months of negotiations and sees Temasek trumping several heavyweight rivals who baulked at the hefty price tag.

    bhujias

    American private equity titan Blackstone pulled out of the race just over a week ago, finding the valuation too hard to swallow after seven months of talks. Other potential suitors, including Bain Capital, General Atlantic, and even Tata Consumer Products, had previously walked away from the table.

    Haldiram’s journey from a tiny shop in Bikaner, Rajasthan in 1937 to commanding nearly 13 per cent of India’s $6.2 billion (almost Rs 60,000 crore) savoury snacks market has been nothing short of remarkable.

    The company’s most popular offering, “bhujia” – a crispy fried snack made with flour, herbs and spices – sells for as little as Rs 10 in corner shops across the country and has helped turn the family-run business into a global operation spanning 100 countries.

    Haldiram Snacks Foods posted a tidy profit of Rs 1,400 crore in FY24 on revenues of Rs 12,800 crore, excluding its Rs 1,800 crore  restaurant business, which wasn’t part of the Temasek deal.

    Not content with just one slice of the pie, the Agarwal family that controls Haldiram’s is reportedly looking to offload another five per cent stake for around $500 million as part of a pre-IPO placement.

    Haldiram savouries

    Industry insiders suggest the family had initially sought an even higher valuation, but recent wobbles in the Indian stock market and lacklustre quarterly results from food companies forced a reality check.

    The deal represents a significant expansion of Temasek’s Indian portfolio, which already includes stakes in Manipal Hospitals and KFC and Pizza Hut operator Devyani International.

    For Haldiram’s, which has diversified into ready-to-eat foods, beverages, chocolates and retail supermarkets, the cash injection could fuel further expansion in a market predicted to more than double to Rs  95,521.8 crore by 2032. That’s a scorchingly hot pace.

    Hot indeed – and with traditional Indian snacks now accounting for over half of all salty snack sales in the country, it seems the crunch is only just beginning.

  • Publicis steals Coca-Cola’s $800 North American media crown from WPP

    Publicis steals Coca-Cola’s $800 North American media crown from WPP

    MUMBAI: Publicis Groupe has pinched Coca-Cola’s lucrative North American media account from WPP following a hush-hush competitive review, industry sources confirmed yesterday.

    The French advertising giant will now handle Coca-Cola’s media planning and buying across the United States and Canada, with the business estimated to be worth a fizzy  $800 million  in annual billings.

    The soft drinks behemoth conducted the review under tight wraps, with only WPP and Publicis invited to participate in what insiders describe as a “closed door beauty contest” between the two holding companies.

    For Publicis, the win represents sweet revenge after finishing as runner-up in 2021 when WPP scooped Coca-Cola’s global integrated business. Now, just three and a half years later, the tables have turned in North America.

    CocaCola

    The account covers media planning and buying for Coca-Cola’s extensive portfolio of over 200 brands, including its flagship cola, Sprite, Fanta, and various sports drinks, juices, and plant-based beverages.
    Despite the sting of losing North America, WPP will continue to serve as Coca-Cola’s primary global partner, handling media duties across the rest of the world and maintaining responsibility for creative work globally through its bespoke Open X agency setup.

    Coca-Cola spent an estimated $1.8 billion on US advertising in 2023, according to Ad Age Datacenter, with $621 million specifically on measured media. Globally, the beverage giant splashed out $5.15 billion on advertising in 2024, up from  $5 billion the previous year.

    In a statement crafted to soothe WPP’s bruised ego, Coca-Cola emphasised that “WPP is the only global marketing partner of The Coca-Cola Co,” describing Publicis merely as a “complementary partner for its US and Canada media business.”

    “The Coca-Cola Co is committed to the ongoing transformation of its marketing model to ensure the company is best positioned to connect with the evolving consumer marketplace around the world,” the statement continued, adding that “no other changes are expected, and Coca-Cola is in an advanced stage in the process of renewing its global partnership with WPP.”

     Coca-Cola globall chief market ing officer  Manolo Arroyoa,praised WPP’s contribution, highlighting achievements including “Coke being named Creative Brand of the Year at the Cannes Lions in 2024.”

    The Coca-Cola win continues Publicis’ remarkable run of form in the media pitch circuit, coming hot on the heels of major account victories with Pfizer and Hershey’s. This stellar performance prompted the holding company to upgrade its earnings guidance twice during 2024.

    Last year, Publicis overtook WPP as the world’s largest agency group by revenue, marking a dramatic shift in the industry’s power balance. The addition of Coca-Cola’s North American media business will only cement that position.

    The handover is expected to take place in the coming months.

  • Viraj Chouhan hops onto RP-Sanjiv Goenka group in corporate affairs role

    Viraj Chouhan hops onto RP-Sanjiv Goenka group in corporate affairs role

    MUMBAI: In a splashy move that coincides with the festival of colours, corporate affairs  veteran Viraj Chouhan has jumped ship from PepsiCo to join the RP-Sanjiv Goenka Group as its group corporate affairs officer. The announcement, dripping with Holi metaphors, marks the end of Chouhan’s nearly six-year innings with the fizzy drinks giant.

    “Just as Holi symbolises renewal, this opportunity marks a vibrant new chapter,” gushed Chouhan in a LinkedIn post.

    The alumnus of Nagpur University brings hefty credentials to the table, having previously served as vice president corporate affairs for PepsiCo’s APAC region. His CV reads like a who’s who of corporate India, with stints as chief communications officer at Ola and executive director of corporate communications at MTS India.
    Chouhan cut his corporate affairs and communications teeth during a five-year spell at Coca-Cola before switching allegiance to arch-rival PepsiCo. 

    The RP-Sanjiv Goenka Group, which Chouhan now represents, boasts an asset base of US $7 billion (approximately Rs 58,000 crore) and revenue of US $4 billion (Rs 33,000 crore). The conglomerate has its fingers in numerous pies, from power and FMCG to retail and IT.

    Sports enthusiasts might recognise RPSG as the owner of IPL team Lucknow Super Giants and football club Mohun Bagan—giving Chouhan plenty of metaphorical playing fields for his corporate messaging.

  • Pinky promise wins big as sustainability campaign inspires green living

    Pinky promise wins big as sustainability campaign inspires green living

    MUMBAI- Sustainability just got a creative twist, thanks to the Pinky Promise campaign, an innovative concept by Rahul Rudra and Abhishek Kaddi of Ogilvy, which has been crowned the winner of the International Advertising Association (IAA) and Indian Merchants Chamber’s (IMC) sustainability campaign contest.

    The campaign takes a light-hearted yet impactful approach to inspiring individuals to embrace eco-friendly habits in their daily lives. By celebrating the small yet significant steps toward sustainability, Pinky Promise turns conscious living into second nature, no extra effort required.

    “When individuals remember each small gesture that can make the planet a greener place, they automatically carry that feeling into other aspects of their life. And that’s how a movement begins,” said IAA president Abhishek Karnani.

    For the winning duo, sustainability and creativity share a common thread, both thrive when they blend seamlessly into everyday life. “The best ideas often come when you’re not trying too hard, like on the toilet in this case,” joked Rahul Rudra and Abhishek Kaddi. “And the best sustainable practices are those that fit naturally into your routine. That’s exactly what Pinky Promise is all about.”

    With its quirky charm and meaningful message, Pinky Promise is set to spark a movement one small, sustainable step at a time.

  • Havmor teams up with Swiggy Instamart to launch ‘Thandai Ice Cream’ for Holi

    Havmor teams up with Swiggy Instamart to launch ‘Thandai Ice Cream’ for Holi

    MUMBAI: Havmor Ice Cream, a subsidiary of Lotte Wellfood Co. Ltd and one of India’s most cherished ice cream brands, has teamed up with Swiggy Instamart to introduce a special limited-edition ‘Thandai Ice Cream’ family pack for Holi. Available exclusively on Swiggy Instamart, this festive treat brings the traditional flavours of Holi to consumers in a rich, creamy, and shareable format delivered straight to their doorstep in just 10 minutes.

    As quick commerce transforms consumer habits, this collaboration ensures that the classic thandai taste, synonymous with Holi, is now just a tap away. Havmor’s latest offering reimagines the much-loved festive beverage into an indulgent ice cream, perfect for celebrating with friends and family.

    “With the onset of summer and the festive cheer of Holi, we wanted to introduce a refreshing take on traditional flavours,” said Havmor Ice Cream vice president – marketing Rishabh Verma. “Innovation is at the heart of what we do, and this exclusive partnership with Swiggy Instamart allows us to deliver joy and indulgence instantly, making festive celebrations even more delightful.”

    Swiggy Instamart chief business officer Hari Kumar G said, “Festivals are when consumers seek convenience without compromising on tradition. We are delighted to bring Havmor’s ‘Thandai Ice Cream’ exclusively to our platform, ensuring that Holi celebrations are sweeter, hassle-free, and more accessible than ever.”

    The Havmor ‘Thandai Ice Cream’ Holi special edition is available exclusively on Swiggy Instamart from 11 March 2025, offering a deliciously modern twist on a timeless festive favourite.

  • Rebel Foods grills opens 200 Wendy’s in India-Let the burger fest begin

    Rebel Foods grills opens 200 Wendy’s in India-Let the burger fest begin

    MUMBAI: If burgers had a Hall of Fame, Rebel Foods and Wendy’s would waltz in with a victory burger and a side of fries. The world’s largest internet restaurant brand and India’s master franchise holder for Wendy’s just flipped its way to a sizzling milestone-opening the 200 Wendy’s restaurant in India at Elan Miracle Mall, Gurugram. And let’s just say, they’re making more noise than a burger sizzling on a hot grill.

    Wendy’s has achieved this feat in just 40 months, marking one of the fastest expansions in India’s quick-service restaurant (QSR) history. With a presence in over 50 cities, including 15 dine-in locations, Wendy’s is proving that India’s appetite for quality burgers is insatiable.

    To mark the occasion, Rebel Foods has flipped the script on celebrations, rolling out a month-long burger bonanza starting 15 March. First up, an all-women superbike squad, rocking Wendy’s signature red pigtails, will be zooming through key cities, delivering orders with more flair than a perfectly tossed burger patty—turning heads faster than a sizzling grill at lunchtime.

    Wendy

    Flagship Wendy’s outlets in Delhi, Bangalore, and Hyderabad will transform into party hubs, complete with live DJs, unlimited Rs 200 menus, and burger-fueled festivities. Even delivery customers won’t be left out—special milestone-branded packaging will ensure the celebration reaches every doorstep.

    Wendy’s isn’t just expanding in size-it’s also pushing flavour boundaries. The launch of two bold new menu ranges—the savoury, umami-packed Korean Range and India’s first-ever Chimichurri Range—proves that fast food can be innovative.

    “Our partnership with Wendy’s continues to thrive, and with localized innovative new menu additions like the Korean and Chimichurri Ranges, we’re changing the way India enjoys hamburgers,” said Rebel Foods co-founder & CEO – India and MENA, Ankush Grover.

    The Wendy’s Company SVP, MD, APMEA Chris Conway shared his excitement, stating, “We are building a high-performing, differentiated QSR brand in India. Growing to 200 restaurants demonstrates that Wendy’s is winning in the market by delivering what customers want: Fresh, famous food and exceptional customer experiences. We deeply appreciate our strong partnership with Rebel Foods, whose growth vision has been key to our rapid expansion. As Wendy’s continues to expand, we look forward to bringing our high-quality food and hospitality to even more communities across India.”

    Since entering India in 2020, Wendy’s has been serving up menu hits like the Spicy Aloo Crunch Hamburger, the Flavor Fresh Range (featuring Firebolt Tandoori, Lord Cheesynator, and Nachoburg), and India’s crispiest fries. Now, with Rebel Foods leveraging its expertise in cloud kitchens, dine-in formats, and digital-first food experiences, Wendy’s is poised for even greater heights.

    The 200 store isn’t just another QSR opening—it’s proof that India’s burger boom is here to stay. And with Rebel Foods at the helm, the Wendy’s expansion is just getting started.

  • Lubi Industries partners with Sunrisers Hyderabad for a power-packed T20 2025

    Lubi Industries partners with Sunrisers Hyderabad for a power-packed T20 2025

    MUMBAI: Lubi Industries LLP, a manufacturer of pumps, motors, valves, and EV chargers, has announced its role as the principal partner of Sunrisers Hyderabad (SRH) for the upcoming T20 cricket season. The collaboration underscores Lubi’s commitment to excellence and aligns with SRH, last year’s runners-up, known for their dynamic performances.

    Lubi Industries LLP director Ronak Porecha stated, “Cricket unites communities like no other sport, making it the perfect platform for Lubi Pumps to engage with our consumers. Our association with SRH allows us to reinforce our dedication to high-performance solutions while tapping into the passion of millions of cricket fans.”

    SRH CEO K. Shanmugam welcomed the partnership, saying, “We are delighted to have Lubi Industries on board for the 2025 season. With their longstanding legacy of innovation and reliability, this collaboration is set to create immense value for both parties while deepening our connection with our loyal fan base.”

    With over six decades of industry expertise, Lubi Industries shares values of resilience, performance, and teamwork qualities that define both the brand and SRH. Given cricket’s widespread appeal in India, this partnership offers a powerful platform to enhance Lubi’s visibility, particularly in the Andhra Pradesh and Telangana regions, where SRH enjoys a dedicated following.

    By integrating sport and brand synergy, Lubi Industries aims to strengthen its market presence and engage consumers on a deeper level as the cricketing fever grips the nation once again.

  • Dunkin’ business head Chitrank Goel calls it quits at Jubilant FoodWorks

    Dunkin’ business head Chitrank Goel calls it quits at Jubilant FoodWorks

    MUMBAI: In a surprise move, Jubilant FoodWorks has announced that Chitrank Goel, its  executive vice president and business head for Dunkin’, has tendered his resignation.

    The donut boss, who joined the company in September 2021, will hang up his apron on 15 April after a tenure of three years and seven months. Jubilant’s board will be look for his replacement “in due course,” according to the regulatory filing with the Bombay stock exchange.

    Goel’s departure comes at a critical juncture for the company as it continues expanding its portfolio beyond the flagship Domino’s Pizza brand. The executive was tasked with not only steering the Dunkin’ ship but also “incubating new brands.”

    Before joining the Jubilant family, Goel spent a whopping 14 years with consumer goods giant Unilever, where he cut his teeth across various markets. His last role there saw him heading the ice cream business unit in Poland and Baltics. 

    Industry insiders speculate that Goel’s extensive international experience and proven track record in scaling businesses might have attracted a juicier offer elsewhere. The resignation letter, dated 11 March, mentions he’s leaving “to take up an external opportunity” – corporate-speak for “found a better gig.”

    During his Unilever days, Goel boasted impressive achievements, including boosting growth rates from 7 per cent to 16 per cent in the out-of-home channel and unlocking “disproportionate growth” in quick commerce.