Tag: Pinkvilla

  • Flipkart adds a pink touch with majority stake in content hub Pinkvilla

    Flipkart adds a pink touch with majority stake in content hub Pinkvilla

    MUMBAI: Shopping just got a splash of pink. Walmart-owned Flipkart has picked up more than 75 per cent in entertainment and lifestyle platform Pinkvilla, valuing it at around 15 million dollars, as part of a bold push to court Gen Z with content-driven commerce.

    Founded in 2007, Pinkvilla has grown into a cultural staple with 60 million monthly users and 7.2 million Instagram followers. Its celebrity-fuelled stories, lifestyle updates and digital IPs have built a fiercely loyal base. “Pinkvilla’s robust content IPs and strong connection with its loyal audience are assets that will accelerate our efforts to leverage content as a key driver of growth,” said Flipkart senior vice president for corporate Ravi Iyer.

    For Flipkart, the deal is more than an investment, it’s a strategy to blur the lines between entertainment and shopping. One in three Flipkart customers is Gen Z, with video commerce already a major draw. “Our acquisition of Pinkvilla is a critical step in deepening our engagement with Gen Z,” Iyer added. Pinkvilla’s founder and CEO, Nandini Shenoy, called the move a “validation” of the platform’s reach, noting that Flipkart’s backing would help scale operations and deliver even more of the content fans love.

    The Bengaluru-based ecommerce giant has been flexing its investment muscle through Flipkart Ventures, with bets on over 20 startups, including logistics enabler Xportel, Factors.ai, and AI-powered recruitment venture Expertia.ai. With Pinkvilla now in its basket, Flipkart is hoping star power and storytelling will spark its next wave of growth.
     

  • Ashish Naik heads to FanCode as ad sales head

    Ashish Naik heads to FanCode as ad sales head

    MUMBAI: Selling airtime and digital can be fun – not just a job – for some. Like it has been for Ashish Naik. The latest move the seasoned sales gent has made is to hop over to sports entertainment app  Fancode as ad sales head. Naik brings extensive experience in online advertising, brand management, sales, and business development to his new position.

    In his announcement, Naik expressed enthusiasm about his new role, stating that he aims to build and scale advertising revenue for the platform. With over a decade of experience in the digital media industry, he has held key roles in several major organisations.

    Prior to joining FanCode, Naik served as vice president of sales at Pinkvilla for 18 months, where he contributed to business development and brand partnerships. Before that, he was senior business director at iCubesWire, managing client relations and digital media sales.

    Naik’s tenure at Olx Advertising as director of agency business spanned over three years, during which he fostered partnerships with agencies and expanded the company’s advertising capabilities. He also held the position of national sales head at Network18 and Times Internet, managing ad sales for key verticals and driving revenue growth.

    An alumnus of Mumbai Educational Trust (MET) and Somaiya College, Naik holds a master of business administration (MBA) and a bachelor of science (BS) degree.

    His extensive expertise in digital advertising, strategic partnerships, and revenue management is expected to contribute significantly to FanCode’s growth and success as it continues to engage sports enthusiasts across the country.

  • Pinkvilla & Mad Influence launches ‘Creators United’ for content creators

    Pinkvilla & Mad Influence launches ‘Creators United’ for content creators

    Mumbai: India’s leading digital entertainment & lifestyle platform, Pinkvilla, and one of the country’s largest influencer agencies, Mad Influence, have partnered to launch a new joint entity, Creators United, the first-of-its-kind creators’ confluence in India. 

    The maiden edition of the event will be held in Goa in January 2023. The event is slated to be a two-day exclusive congregation that brings the country’s best content creators, influencers, brands, publishers, and social media platforms under one roof.

    The joint venture was announced with an interesting teaser campaign.

    The partnership aims to positively influence those who influence billions and celebrates content in all its forms, with the theme “It starts with you.”

    With extremely unique experiential events giving creators access to exclusive activities over two days, it will enable the most compelling live experiences for creators, such as networking sundowners, special content zones, music, wellness and mindfulness activities, brand collaboration initiatives, and much more. It will also honour the leaders of today’s conversations through an awards ceremony, recognising the many diverse and influential voices in India.

    Curated to present experiences of a lifetime, the property is built on the mutual passion shared by Pinkvilla and Mad Influence to pioneer the most happening conversations in the digital space, which has made them instrumental forces in shaping the future of Indian digital content today. The joint venture is built on a long-term vision to define how content creators can engage audiences in a meaningful and growth-oriented way in the new digital era. Beginning with the flagship event, the two content giants aim to amass their enormous collective reach of over five billion through influencer-led branded content, to drive meaningful change and lead important conversations shaping the future.

    Speaking of the partnership, Pinkvilla CEO and founder Nandini Shenoy stated, “At Pinkvilla and Mad Influence, we share a mutual passion for pioneering the most compelling content experiences, and creators have played a key role in this journey. With the continual goal to evolve and elevate the bar for far-reaching content, through Creators United we aim to curate experiences that will define how we engage audiences and consumer media in the future, and transform influencer-brand narratives in the most positive ways!”

    Adding to it, Mad Influence CEO and founder Gautam Madhavan said, “Mad Influence and Pinkvilla share the same vision of building the largest community of influencers globally with Creators United. Content needs to be celebrated, not just created, and that is what we are building for the future. Through this highly-curated experience for the digital changemakers of the world, we aim to amplify the biggest and brightest voices in the world and enable them with a platform that provides a 360-degree value-driven event experience.”

    Creators United’s director Karan Sawhney said about the newly launched venture, “Successful events are the ones that add immense value to the lives of the attendees, while also curating an experience of a lifetime, through exciting and creative offerings. This is precisely our aim, as we bring together some of the biggest influencers, content creators, and brands on a scale never seen before through Creators United. With this one-of-a-kind celebration that merges the most avant-garde activities and wide-ranging transformative content experiences, we aim to push the boundaries, not just for the emerging creators’ economy, but also for the future of the events space in India.”

  • Lux Golden Rose Awards’ 3rd edition supports #HeForShe campaign

    Lux Golden Rose Awards’ 3rd edition supports #HeForShe campaign

    MUMBAI: The third edition of the Lux Golden Rose Awards (LGRA) was recently concluded in Mumbai, congregating Bollywood stars to extend their support for UN’s #HeForShe campaign. Actors across eras attended the event and stood in solidarity for gender equality.

    The event was anchored in collaboration with Mindshare India and Star TV network. Star TV and Hotstar were responsible for content creation and broadcasting of the main award ceremony. Hindustan Times, Fever 104 FM, Pinkvilla, Facebook, and BeBeautiful were also roped in as partners for ancillary content creation.

    Mindshare India president – client leadership Amin Lakhani said, “With LGRA in its third consecutive year, we take immense pride in saying that with each passing year it has not only turned out to be a stronger but an even more successful association with brand Lux. In our three years of being associated with this project, we have only seen it grow in terms of grandeur and scale and what better than supporting the UN initiative HeForShe for an even more purposeful cause.”

    Hindustan Unilever Ltd GM – skin cleansing Harman Dhillion quoted, “For 90 years, Lux has been the beauty secret of iconic Bollywood superstars. This year, we used the grand stage of the Lux Golden Rose Awards to celebrate these women, and it was done in great style by the men of Bollywood paying an ode to their ladies. It was truly a pleasure to witness the Lux divas across generations being celebrated and a once in a lifetime experience.”

     Mindshare Fulcrum South Asia senior vice-president Premjeet Sodhi said, “LGRA has always been a project that we at Mindshare hold in high regard. We feel extremely honoured by the fact that over the past three years we have been able to bring Lux’s grand vision to life, with each edition being even more well-received than the last. This year, in particular, has been a matter of extreme pride, with a purpose-driven association in the form of HeForShe. The incredible success of this project would not have been possible without the tireless work and dedication of our Content+, Exchange, and Client Leadership teams, who performed extraordinarily, and delivered excellence."

  • Dekkho expands regional language content offering

    MUMBAI: Dekkho has partnered with some of the top online content creators in the country such as ScoopWhoop, Pinkvilla, 9X Media, Put Chutney, Being Indian and East India Comedy. In a bid to create an entirely alternate destination and divergence from YouTube and Facebook, and to increase its reach in tier II and III cities, Dekkho will expand its regional language content offerings through these collaborations in addition to mainstream content in English and Hindi.

    Through a long-term content strategy, Dekkho aims to reach 100 million users over the next five years, focussing on the vernacular segment of viewers who do not consume videos on Facebook or YouTube. It will also venture into content translation, dubbing, and voiceover of content for this segment, creating a new, non-overlapping market for creators. Additionally, Dekkho will localise its UI for different markets as well as the newsfeed for regional content.

    Commenting on its strategy, Tanay Desai, co-founder, said, “Dekkho’s initial strategy, which focussed on young urban viewers, has helped us carve a niche in the online entertainment market. Our next phase of expansion is targetted at a much larger viewer base that resides in the smaller towns, highlighting our larger focus at becoming a default social video network for the masses. Unlike incumbent platforms like Facebook and YouTube, which are highly fragmented in terms of content, we want to position Dekkho as a hyper-local, curated video platform. This will be supplemented by an engaging social layer aiming to represent India’s first large-scale video network. To effect, the platform will have a unique, localised avatar for each region and leverage the rising digital penetration across tier II and III towns in India.”

    Around 65 per cent of users on Dekkho belong to tier II and III cities. Around 30 per cent of these users have been acquired through focused regional marketing and do not consume videos on YouTube. As part of its marketing strategy, Dekkho has tied up with leading telecom operators and original equipment manufacturers (OEMs) to offer greater exposure to content developed by independent creators. Users streaming videos through Jio Internet subscriptions constitute nearly 30% of the total video consumption on the platform, contributing significantly to the growth among this demographic.

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