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Tag: appointment

  • Web 3.0 platform ‘coto’ ropes in Vishakha Singh as NFT strategist

    Web 3.0 platform ‘coto’ ropes in Vishakha Singh as NFT strategist

    Mumbai: ‘coto,’ a web3-based social community platform for women, has announced the appointment of Vishakha Singh as its non-fungible token (NFT) strategist.

    The company said in a statement that Singh will create and execute a robust strategy, roadmap, and execution on NFTs for ‘coto’ by spearheading awareness programmes on best practices of NFT for ‘coto’s’ creator community and will be instrumental in making ‘coto’ a front-runner in this domain.

    Through this role, Singh will play a vital part in executing the roadmap for ‘coto’s’ decentralised autonomous nature, starting with the NFT programme for creators. Besides involving B2B agencies in ‘coto’s’ early adopter programme for long-standing partnerships, she will also structure the approach based on content-led and community-led NFTs for monetisation, gating, and benefits.

    On joining ‘coto,’ Singh said, “I’m delighted to join the dynamic team of ‘coto’. My contribution would be to execute an overall strategy and craft the roadmap for the platform and its creators in the field of NFTs. Web3 is bringing an opportune moment for women for value creation and ‘coto’s’ inclusive environment enables women to create, consume, and communicate without toxicity.”

    “Through advanced technologies and insights of blockchain and NFT, I look forward to helping ‘coto’ evolve its tribe in the Web3 space,” she added.

    On Singh’s addition to the team, ‘coto’ by Eve World co-founder Rajneel Kumar said, “Web3 has changed the way social communities allow content creation, consumption, and monetisation globally. ‘coto’ is taking a deep dive with technology to cement its position on national and global marketplaces for content demand and supply to create a uniquely sustainable value proposition for its community of women creators and members. Vishakha’s experience will help ‘coto’ onboard the entire community about NFT, blockchain, and its benefits for the greater good of building a thriving, rewarding, safe space for women online.”

    In a phase-wise roll-out, ‘coto’ will soon announce its NFT plans and way forward for creators and members, stated the company.

  • Honasa Consumer onboards Pratik Mukherjee as vice president of Brand Factory

    Honasa Consumer onboards Pratik Mukherjee as vice president of Brand Factory

    Mumbai: Fast growing house of brands for personal care and parent company of Mamaearth, The Derma Co., Ayuga, & Aqualogica, Honasa Consumer (HCPL) has appointed Pratik Mukherjee as vice president, Brand Factory, where he will be responsible for crafting, launching, and building new brands business for Honasa. Mukherjee will be based out of the Honasa Consumer head office in Gurgaon.

    With over a decade of experience, Mukherjee has been a part of prestigious brands like P&G, Gillette, and Urban Company. He began his professional career with Tata Consultancy Group before moving on to IIM-Ahmedabad to complete his master’s degree. Thereafter, he joined Procter & Gamble, where he worked on the Gillette brand and oversaw brand launches and campaigns, earning him awards. He served as the head of Procter & Gamble’s DTC business for India and South Asia.

    Later, he joined Urban Company as the marketing head for beauty, grooming & cleaning verticals. As the head of marketing at Infra.Market (a construction unicorn), A Cannes awardee, Mukherjee has been acknowledged with various other awards like the Asia President’s Award and Global President Awards.

    Speaking on his role, Pratik Mukherjee said, “I am honoured and excited to join Honasa and contribute towards the journey to build a house of consumer-loved brands leveraging the digital-first D2C playbook. Honasa Consumer’s brands have created tremendous displacement, capturing sizable market share and garnering consumer trust in a very short period. I look forward to joining this trailblazing team and contributing to the next wave of growth for the company.”

    Honasa Consumer co-founder and CEO Varun Alagh said, “Honasa has emerged as the fastest growing D2C brand and being a digital-first brand, it is critical to constantly innovate and stay ahead of competition in this extremely dynamic digital ecosystem.”

    “Pratik has extensive experience of building millennial brands, and he will elevate and support us as we plan to implement efficient strategies to launch new brands and take the businesses to the next level with his knowledge and expertise. We are thrilled to have him on board as we expand the company,” he further said.

  • Xanadu Realty strengthens its leadership team, appoints K.N. Swaminathan as the CFO

    Xanadu Realty strengthens its leadership team, appoints K.N. Swaminathan as the CFO

    Mumbai: Xanadu Realty, a business accelerator firm, has onboarded K.N. Swaminathan as the chief financial officer to strengthen its leadership team.

    An industry veteran, Swaminathan has more than 33 years of experience in taking companies to the public markets with careful attention to detail and diligence. Prior to Xanadu Realty, he was the group chief financial officer of Kolte Patil Developers and has also worked with Reliance Communication and Lodha Group.

    Speaking on this appointment, Xanadu Group CEO Vikas Chaturvedi commented, “Swami, as we fondly call him, is a dynamic leader and a great asset to our organisation. We are very privileged to have him on board as his vast knowledge and expertise will empower us to achieve our ambition and bring larger focus towards the next phase of our evolution.”

    K.N. Swaminathan said, “I have seen Xanadu grow multifold from the outside, and I’m extremely pleased to be a part of this thriving ecosystem. We are on an exciting journey to achieve disproportionate growth in the coming few years, and my prime agenda shall be to ensure financial and regulatory transformation.”

  • Mullen Lintas bags Vadilal Ice Creams’ creative duties

    Mullen Lintas bags Vadilal Ice Creams’ creative duties

    Mumbai: Vadilal Industries announced the appointment of Mullen Lintas Delhi as the creative agency for its global brand campaign. They will be responsible for Vadilal Ice Creams’ creative mandate for its international business.

    Mullen Lintas will be responsible for driving growth objectives and business opportunities in the international markets for Vadilal Ice Creams. The agency will strategize and execute the brand’s communication for a mega campaign designed exclusively for its international markets—across countries like the USA, Canada, Australia, UK, Europe, Singapore, Middle East, amongst others.

    As a leading ice cream brand, Vadilal has been bringing delightful ice-cream experiences to people across the world for over 115 years. Having established itself as the largest Indian ice cream brand in the international markets, the brand is now looking to take a communication leap with a well-designed marketing campaign.

    Commenting on the new partnership, Vadilal Industries USA CEO Shreshth Jhawar said, “We were impressed with the deep understanding of the category and consumers demonstrated, and, of course, by the creative firepower on display by the team. We look forward to a strong and effective long-term partnership with Mullen Lintas.”

    Delighted about the win, Mullen Lintas CEO Hari Krishnan commented, “We are delighted to have been given the mandate for Vadilal (USA). The brand is synonymous with joy & delight, and moments of fun and happiness. Our efforts would be to build a brand narrative that consolidates these emotions around the brand in a manner that is uniquely ingrained in the Mullen Lintas’ challenger thinking philosophy.”

  • Wunderman Thompson India onboards Jyoti Mahendru as chief people officer

    Wunderman Thompson India onboards Jyoti Mahendru as chief people officer

    MUMBAI: Wunderman Thompson India has announced the appointment of Jyoti Mahendru as its new chief people officer, effective 1 August 2022. Mahendru will be responsible for talent development & talent acquisition strategies across the organisation and its group companies while growing and enhancing the agency’s DEI, talent management and development initiatives. She will report directly to Wunderman Thompson South Asia CEO Shams Jasani.

    Mahendru is a seasoned professional who has spent over two decades in the industry guiding organisations through growth and transformation. She has held leadership positions across diverse industries, such as media, retail & advertising. She joins Wunderman Thompson from McCann Worldgroup India where she served as the executive vice president of human resources.

    Wunderman Thompson South Asia CEO Shams Jasani said on the appointment, “People are our strongest asset and Jyoti’s appointment comes at a time when we are keenly looking at bolstering our efforts to create an environment that fosters learning, growth and development. With her varied exposure, expertise and experience, Jyoti will help us build high performance teams that is integral to our next phase of growth, while helping us streamline processes and shape practices that will enable every employee to accelerate growth, unlock their potential and have a fulfilling career.”

    On taking up her new role at Wunderman Thompson, India, Jyoti Mahendru, commented, “Wunderman Thompson India is on an incredible journey to inspire growth for businesses and talent. It is an honour and a privilege to be a part of a legacy agency that has set its vision on being people first that recognises and rewards talent, with a strong focus on diversity, equity and inclusion. As the new chief people officer, I am looking to drive change that not only creates an agile future-ready organisation, but also, increases a sense of employee belonging and fosters the next generation of leaders.”

  • Madison Media Ultra to handle the traditional and digital media mandate for 88Guru.com

    Madison Media Ultra to handle the traditional and digital media mandate for 88Guru.com

    Mumbai: Madison World’s unit, Madison Media Ultra, on Monday, has been appointed to handle the traditional and digital media mandate for the client, including TV, print, and digital for 88Guru.com as the media agency of record (AOR).

    A Singapore-based, socially conscious organisation, 88tuition was founded with a mission to “empower every student to achieve full potential.” 88tuition incorporated the world’s best pedagogy into a highly scalable, technology-driven product which aims to provide students with a high-quality learning experience. The company is now set to launch in India under the brand name 88guru.com.

    Madison Media, India’s largest homegrown media agency, which started media operations in 1995, handles media planning and buying for blue-chip clients like Godrej, Marico, Asian Paints, Titan, Blue Star, TVS, Raymond, CEAT, Pidilite, Bajaj Electricals, McDonald’s, Lodha, Shaadi.com and many others.

    Speaking of the association with Madison, 88Guru director Vinod Gupta said, “We are excited to partner with the team at Madison as we attempt to transform the ed-tech industry. Madison’s expertise across the media spectrum, from traditional to new age, will be critical in our rollout. Lastly, the chemistry with the team has been excellent, and we enjoy working with them.”

    Madison Media Ultra COO Jolene Fernandes Solanki added, “We are excited to partner with 88Guru, a Singapore-based edtech company. Education has radically changed its business model as a result of the pandemic. We, as a team, are confident and excited to launch 88Guru in India and are sure it will exceed industry growth with its digital-first and outcome-driven approach.”

  • Dish TV appoints Rakesh Mohan as non- executive independent director

    Dish TV appoints Rakesh Mohan as non- executive independent director

    Mumbai: DTH operator Dish TV has announced that the board of directors at their meeting held on Friday, i.e. 29 July, 2022 has inter-alia, upon receipt of requisite approval from the ministry of information and broadcasting and on the recommendation of the nomination and remuneration committee, approved the appointment of Rakesh Mohan as a non-executive independent director. The appointment has come into effect from 29 July, 2022 and is for a term of five consecutive years.

    The appointment is subject to the approval of the shareholders of the company.

    Mohan is a retired senior bureaucrat. He joined the Indian Administrative Service in 1978. He has held various positions in his long professional career. To mention a few, he worked as deputy collector in Goa; deputy commissioner and then secretary to the governor in Arunachal Pradesh; additional general manager in the erstwhile DESU, Government of Delhi; and principal secretary in the public works department in the government of Delhi. For five years, he was an additional commissioner in the Municipal Corporation of Delhi, and he worked for the government of India in the ministries of energy (department of power) and commerce. In addition, he was also a joint secretary in the government of India’s ministry of information and broadcasting. He was principal secretary (education) in the Delhi Administration. After his retirement, he devoted his time to serving as a volunteer at the Sri Aurobindo Ashram, Delhi Branch.

  • Facebook parent Meta posts its first-ever revenue decline in Q2

    Facebook parent Meta posts its first-ever revenue decline in Q2

    Mumbai: Facebook parent company, Meta, on Thursday announced a decline in the company’s revenues in its second quarter earnings 2022 for the first time since it went public in 2012. The tech major reported a drop in revenues from $29.08 billion to $28.82 billion, down one per cent over last year.

    Meta also announced that its chief finance officer (CFO) David Wehner would now take over the role of chief strategy officer (CSO) and oversee the company’s strategy and corporate development.

    The company announced that Susan Li, currently vice president of finance, will replace him as CFO. The transitions will be effective from 1 November.  

    The social media network’s net income saw a decline of 36 per cent in April-June, falling from $10.39 billion ($3.61 per share) to $6.69 billion ($2.46 per share) year-on-year (YoY).

    “We seem to have entered an economic downturn that will have a broad impact on the digital advertising business,” said Meta founder and CEO Mark Zuckerberg in an earnings call on Wednesday. “It’s always hard to predict how deep or how long these cycles will be, but I’d say that the situation seems worse than it did a quarter ago.”

    The social media giant also issued a bleak third-quarter forecast. “This outlook reflects a continuation of the weak advertising demand environment we experienced throughout the second quarter, which we believe is being driven by broader macroeconomic uncertainty,” chief finance officer David Wehner said in a statement.

    “We have reduced our hiring and overall expense growth plans this year to account for the more challenging operating environment while continuing to direct resources toward our company priorities,” he added.

    The company expects its 2022 total expenses to be in the range of $85-88 billion, lowered from its prior outlook of $87-92 billion, Wehner further stated.

    Meta’s worrying results follow a pattern reflected in the results of other major tech companies and its rivals, Snap and Twitter – both of whom reported disappointing second-quarter numbers last week, during an unprecedented stressful period across the industry. The results also follow a broader decline in the digital advertising market.

    Advertising revenue growth slowed throughout the second quarter as advertiser demand softened, Wehner stated. “The deceleration has been broad-based across verticals, and we believe businesses are lowering their advertising spend in response to the increased economic uncertainty.”

    Earlier on Wednesday, another tech major and Google parent company- Alphabet posted a 13 per cent growth in consolidated revenue at $69.7 billion for the second quarter – its slowest quarterly growth in two years.

    Meta also faces its own unique challenges of competing with TikTok, while focusing on its next phase of building the immersive metaverse.

    In this environment, we’re focused on making the long-term investments that will position us to be stronger coming out of this downturn — including our work on our discovery engine and Reels, our new ads infrastructure, and the metaverse, stated Zuckerberg. The company is also focused on being rigorous about measuring returns and sizing these investments correctly, he added.

  • SPE appoints Shony Panjikaran & Lada Guruden Singh to lead distribution and production biz in India

    SPE appoints Shony Panjikaran & Lada Guruden Singh to lead distribution and production biz in India

    Mumbai: Sony Pictures Entertainment (SPE) appoints Shony Panjikaran and Lada Guruden Singh to take over the reins of its distribution and production business in India.

    Lada Guruden Singh has been named general manager and head of Sony Pictures International Productions (SPIP), India. He will be overseeing SPIP India’s local film development and production slate as well as its expansion in regional cinema. Lada will report to SPIP co-heads Michael Rifkin and Shebnem Askin.

    Shony Panjikaran has been named general manager and head of Sony Pictures Releasing International, India. He will manage Sony Pictures’ theatrical releasing business across the Hollywood and local cinematic slate in India, including all distribution, sales, and marketing efforts. Shony will report to Sony Pictures Entertainment senior vice president distribution Asia Adam Herr.

    In addition to its impressive Hollywood line-up of upcoming feature films, Sony Pictures is further committing to investment in Indian theatrical projects, and it has expanded its footprint in regional cinema including Telugu, Tamil, and Malayalam projects.

    Shony Panjikaran said, “Sony Pictures is a global force that creates imaginative and engaging content for audiences across the world. It is an absolute privilege to oversee SPE’s theatrical business in India and bring an incredible slate of Hollywood and Indian cinema to Indian audiences. For both Lada and I, it will be hugely rewarding to lead Sony Pictures Entertainment, India into a new era. Today, the film market in India is virtually borderless, and I am looking forward to pioneering new initiatives and partnerships in this dynamic distribution space and to satisfy the demand for brilliant global and local stories in India.”

    Lada Guruden Singh said, “As India leads the world in entertainment, creating content in volume and quality that ranks right at the top, we are excited to give it our all to become one of the top players in the country. From tentpole hits to clutter break-through content, from stories unfolding at the margins to the celebration of Indian mythology; we want to push the boundaries and synergies with leading talent as well as with fresh new voices. Shony and I are committed to making this dream come true, breaking all language barriers, and turning Sony Pictures Entertainment, India into the most sought-after creative studio in India!”

    Lada has been with Sony Pictures group since 2014 in multiple capacities across public relations, marketing, and creative development. He has worked on titles like “Piku”, “PadMan”, “102 Not Out”, “Looop Lapeta” and has led the studio’s expansion in Malayalam and Telugu with “9” and the recent blockbuster “Major”. India’s youngest biographer at the age of 22, Lada is a published author and a poet with three books to his credit. He is a former journalist and has worked with India Today as an anchor. He has also worked at Fox Star Studios and Disney India previously. Most recently, Lada has been instrumental in snagging the rights to “Shaktimaan”, a superhero trilogy currently in the works at SPIP.

    Shony Panjikaran has spearheaded Sony Pictures Entertainment India’s marketing initiatives over the past four years helping to launch enormously successful releases including “Spider-Man: No Way Home”, “Spiderman: Far From Home”, “Jumanji-The Next Level”, “Venom” and “Major”. Prior to this tenure at Sony Pictures, Panjikaran spent ten years at Fox Star Studios where he led their marketing efforts in a variety of roles; his work included films such as “Avatar”, “Life of Pi”, “Deadpool”, “Sanju”, “Baaghi 2”, Atlee’s “Raja Rani” amongst others.

    “Lada and Shony’s elevations underscore the film studio’s commitment to continue creating theatre-worthy tentpole films in India with a slew of big-ticket announcements set to come out in the coming weeks, as well as building on the track record of success with beloved Hollywood movies,” said the company statement.

  • Roposo appoints BBH India as creative agency partner

    Roposo appoints BBH India as creative agency partner

    Mumbai: Roposo, a leading creator-led live entertainment commerce platform, has selected Publicis Groupe’s BBH India as its agency on record (AOR) following a multi-agency competitive pitch.

    The partnership comes at a time when Roposo is enhancing its consumer experiences and expanding its marketing efforts for live shopping and entertainment.

    As Roposo’s AOR, BBH India will now develop both consumer-focused and business-driven marketing campaigns. Together, Roposo and BBH will develop integrated creative and strategic communications that will break through into the burgeoning Indian live commerce category in a meaningful and unique way.

    Commenting on the partnership, Roposo vice president Abhinav Jain said, “We are glad to have BBH India on board as our brand agency partner, crafting impactful brand campaigns. We look forward to continuing to build Roposo as the leading digital destination for live entertainment and commerce, with them.”

    Commenting on the win, BBH India CCO & CEO Russell Barrett said, “It’s the age of the creator economy and Roposo is front and centre of this exploding category. There’s incredible potential for Roposo to play a role in pop culture at the intersection of content, lifestyle and commerce. We are excited to partner with the talented team at Glance to help the brand reach its full potential.”

    Roposo is the country’s first creator-led live entertainment commerce platform, owned by consumer internet company Glance, a subsidiary of InMobi. BBH India, armed with 14 years of legacy in India, is a creative powerhouse with a repertoire of highly effective, consistent, and modern marketing solutions.