Tag: business association

  • Initiative Media becomes media AOR for Urban Company

    Initiative Media becomes media AOR for Urban Company

    Mumbai: Online home service platform Urban Company has named Initiative Media, the full-service media arm of Mediabrands India as its media agency on record. The account was won following a closely contested multi-agency pitch and will be managed out of the agency’s Gurugram office.

    According to a statement, the business mandate includes both online and offline media duties and will focus on providing comprehensive media solutions to augment business outcomes.

    “We are extremely delighted by this association and prepared to position Urban Company as the country’s go-to platform for all of their listed services. Our approach is designed to deliver client-centric results and will ensure elevating the growth momentum for the brand,” said Initiative CEO Vaishali Verma.

    Urban Company aims to rapidly expand its national footprint while also launching new products and services pan India, said the brand in a statement. “Initiative’s strategic and audience-first approach and understanding of their unique business model, aligns perfectly with Urban Company’s expectations for their future endeavours, making this a fitting partnership,” it added.

    “We are stepping into the next phase of our evolution and expansion now and confident that Initiative will prove to be our trusted partner in this growth story,” stated Urban Company SVP Abhinav Tyagi. “The seamless combination of their superior strategic planning, the robust experience of managing new-age clients, backed by a passionate young team made the mark for us. We are looking forward to a great run together.”

  • upGrad for Business onboards Work Better to strengthen its enterprise L&D offerings

    upGrad for Business onboards Work Better to strengthen its enterprise L&D offerings

    Mumbai: upGrad for Business, the B2B arm of ed-tech major upGrad, has onboarded Work Better CEO Swapnil Kamat and his team to strengthen its enterprise learning and development offerings. Founded in 2008, the Mumbai-based Work Better is an executive education and training company that specialises in soft skills training, sales training and leadership training.

    “Enterprise L&D is coming of age now. This synergy, hence, is aptly-timed and will fuel upGrad’s ambition of being one of the few Integrated LifeLongLearning Tech Companies in the world, dominating both B2B and B2C space,” commented upGrad co-founder and MD Mayank Kumar.

    As per Technavio Research report, the global soft skills training market has the potential to grow by $14.9 billion by 2024 and is expected to exceed $60.89 billion by 2031, expanding at a CAGR of 12.7 per cent during the period, as per TMR’s study.

    “The rise of multifunctional roles which require new-age subject knowledge is constantly pushing medium and large-sized organisations to re-think their L&D strategies not just for skilling their talent pool but also for retaining them,” stated upGrad For Business president Minaxi Indra. “With the two majors coming together, we look forward to empowering orgranisations with both, market-ready and future-ready skills in order to train their workforce with best of technical, leadership, and managerial varieties for maximum career benefits.”

    According to Citi GPS’ (Global Perspectives & Solutions) September 2021 report, L&D is increasingly being viewed as a strategic investment, and two in three organisations are looking to plug the skills gap through internal upskill and reskill training initiatives.

    “Work Better Training started as a result of our own frustration with corporate training. Having worked with multinationals before our entrepreneurial days, we had been a part of several executive training programs and realised that most of them were theoretical. Hence, we started Work Better Training in an endeavour to make corporate training programs more real, practical and implementable,” said Work Better Training CEO Swapnil Kamat. “Work Better has deep-rooted expertise in soft skills, sales & behaviour training, while upGrad is a leader in technical and hard skills training. With this consolidation, we both can leverage each other’s expertise to add further value & provide holistic solutions to customers.”