Tag: pharmaceuticals

  • Nameeta Saigal climbs the ranks at femtech startup Nua

    Nameeta Saigal climbs the ranks at femtech startup Nua

    MUMBAI: Nameeta Saigal has been elevated to senior vice-president and head of marketing at Nua, the Mumbai-based femtech startup, after nearly four years with the company building its direct-to-consumer presence.

    Saigal joined Nua in December 2021 as vice-president of marketing and has now been promoted internally, marking a vote of confidence in her stewardship of the brand’s growth trajectory. The promotion comes as femtech companies face increasing pressure to differentiate themselves in a crowded wellness market.

    Her career spans over two decades in consumer marketing, with notable stints at telecommunications giant Vodafone Idea Ltd, where she served as vice-president for consumer segments marketing and partnerships. Before that, she cut her teeth in brand management at Godrej Consumer Products, handling household names including Goodknight mosquito repellent and Kiwi shoe care products.

    Saigal’s expertise in building consumer segments and partnerships may prove crucial as Nua seeks to expand beyond its core feminine hygiene offerings. The company operates in India’s burgeoning femtech sector, which has attracted significant investor interest despite regulatory challenges and cultural sensitivities around women’s health products.

    The internal promotion suggests Nua is betting on continuity rather than external recruitment as it navigates the competitive landscape of health and wellness brands. For Saigal, the elevation represents the culmination of a marketing career that began in the spirits industry with Shaw Wallace Distilleries before progressing through pharmaceuticals and consumer goods.

    Whether her brand-building credentials can help Nua capture greater market share in India’s evolving femtech space remains to be seen.

  • M&E industry shows steep drop in Monster Employment Index over 12 months

    M&E industry shows steep drop in Monster Employment Index over 12 months

    BENGALURU: The Monster employment Index over a 12 month period between September 2012 and September 2013 reveals that online recruitment activity by the Media and Entertainment Industry (M&E) showed one of the lowest growths with a decline of 32 per cent. Only four of the 27 industry sectors monitored by the Monster Employment Index registered expansion in online recruitment activity during that period.

    As a matter of fact, the M&E industry was just ahead of the Printing / Packaging industry which was down 39 per cent, showing the steepest annual decline.  Import / Export sector which was up 12 per cent followed by Education which showed an increase of five percent, exhibited the highest annual growth among sectors. Healthcare, Bio Technology and Life Sciences, Pharmaceuticals sector with an increase of four percent), showed positive growth in online recruitment activity y-o-y during this period.

    Included among the top growth occupations was Marketing and Communications, despite a drop of eight per cent during September 2012 and September 2013, while Arts/Creative with a y-o-y drop of 31 per cent was amongst the lowest growth occupations.

    Online demand improved in three of 13 occupational groups monitored by the Monster Employment Index between September 2012 and September 2013.  Healthcare (up seven percent) professionals are the only one to report a positive annual demand amongst the occupational groups. Senior Management (down 49 per cent) exhibited the steepest annual decline among occupation groups.

    Online recruitment activity was up on the year in three of 13 locations monitored by the index. Ahmedabad (up 17 per cent) followed by Kolkata (up six per cent) led all cities in annual growth. Among major metro-areas, Kolkata (up six per cent) followed by Delhi-NCR (up four per cent) registered the highest annual growth. 

    “The annual decline in the Monster Employment Index is reflective of the current uncertain economic / political scenario. Employers continue to adopt a cautious approach while hiring in view of this prevailing scenario,” said Monster.com (India/ Middle- East/ South East Asia) MD Sanjay Modi.

  • US ad spend rises by 7 per cent in the third quarter

    MUMBAI: This year continues to be one of growth for the US ad industry. According to Nielsen, ad spend in the US was up by seven per cent in the third quarter of 2012 compared with the same time last year-with the ad-heavy US presidential election and the London Summer Olympic Games likely contributors.

    The third quarter was big for automotive and auto dealerships in the US, which ranked first and third, respectively, for amount spent. Model year-end promotions traditionally make the third quarter the biggest of the year based on ad sales, and six of the top 20 companies based on ad spend during the period were auto manufacturers.

    Other third quarter sector leaders included fast food restaurants, wireless/telecom, retail, motion picture and pharmaceuticals. Auto spent $2.7 billion an increase of 26 per cent. The motion picture category though saw a decline in spend by 12 per cent to $689.7 million. Pharma‘s spend also fell by 22 per cent to $661.7 million.