Tag: Rajeev Goel

  • Driven by global momentum, PubMatic brings activate to APAC

    Driven by global momentum, PubMatic brings activate to APAC

    Mumbai: PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, has announced the availability of its newest offering, Activate, in the Asia-Pacific region. PubMatic’s new end-to-end supply path optimization (SPO) solution allows buyers to execute non-bidded direct deals on PubMatic’s programmatic platform, accessing premium video and CTV inventory at scale.

    Since launching in the US and EMEA in May, Activate has gained traction across every region, with an active pipeline of more than 50 advertisers, agencies, and campaigns live through multiple global agency holding companies. Following this success, the solution is being launched in the Asia-Pacific region with partners including dentsu APAC, iQIYI, KINESSO India, Madison Digital, and Wishmedia.

    Activate represents a new industry paradigm by creating a single layer of technology that directly connects buyers and sellers of digital media. Activate allows a smooth shift from conventional direct transactions to programmatic private marketplace (PMP) or programmatic guaranteed (PG) deals. The platform gives media buyers more control over their omnichannel video investments by facilitating transactions across PubMatic’s premium CTV and online video inventory within a unified platform.

    “PubMatic’s launch of Activate in the Asia-Pacific region marks a significant milestone in our efforts to revolutionize the industry’s programmatic marketplace,” said PubMatic CEO & co-founder Rajeev Goel. “Activate is an extension of our successful SPO strategy that addresses advertiser demand for solutions that deliver a better return on video and CTV investments.”

    “At dentsu, we prioritize adtech maturity, focusing on transparency and control in the programmatic supply chain for efficient, high-quality media delivery. Our partnership with PubMatic plays a pivotal role in our supply curation and SPO practices,” said dentsu APAC chief product officer Sunil Naryani, who supports the Carat, iProspect, and dentsu X agencies in the region. “With PubMatic’s Activate, we anticipate delivering enhanced value to our clients by bridging the gap between buyers and sellers and further streamlining the supply chain, unlocking opportunities to maximize working media for their video and CTV investments.”

    “iQIYI is a long-time partner of PubMatic. Together we are committed to delivering innovation in the CTV ecosystem,” said iQIYI international business development & general manager of sales operation Andy Sun. “We’re excited to be a launch partner for PubMatic’s Activate solution and look forward to continuing to work closely together to drive effective programmatic CTV advertising.”

    “PubMatic is a key player in the programmatic ecosystem, and we’re excited to explore how Activate can benefit our CTV clients,” said KINESSO India business head Paras Mehta.

    “PubMatic is a valuable partner across India, helping us deliver transparent and effective solutions for advertisers,” said Madison Digital general manager & head of programmatic Suchi Jain. “We’re excited to see their continued innovation in streamlining video and CTV buying for our clients.”

    “Wishmedia is dedicated to providing advertisers in Korea with best-in-class digital advertising solutions,” said Wishmedia COO Meejoo Na. “We’re thrilled to be a launch partner for PubMatic’s Activate and look forward to our clients benefiting from a more efficient digital supply chain, and greater ROI on their video and CTV spend.”

    Non-programmatic insertion orders are expected to account for almost 60 per cent of CTV and 18 per cent of online video transactions by the end of 2023, according to industry estimates. Activate represents a nearly $65 billion expansion of PubMatic’s total addressable market.

    Built leveraging technology from PubMatic’s 2022 acquisition of Martin, Activate is fully integrated into PubMatic’s growing software suite, including the PubMatic Sell-Side Platform and Connect.

  • McDonald’s India- north & east appoints new leadership team

    McDonald’s India- north & east appoints new leadership team

    MUMBAI: McDonald’s India- north & east on Tuesday appointed Rajeev Ranjan as chief operating officer and Rajeev Goel as chief financial officer of the company. Both will step into their respective roles with immediate effect, following the retirement of Connaught Plaza Restaurants Pvt Ltd (CPRL) head Robert Hunghanfoo a statement said.

    They would report to CPRL chairman and developmental licensee Sanjeev Agrawal.

    Ranjan, who is an industry veteran with more than 20 years of experience in FMCG and the food and beverage industry, has been tasked with leading McDonald’s restaurant operations, marketing, supply chain and quality assurance and Information Technology in the north and east region.

    “With his experience in building high-performing teams and delivering growth, he will also take a central role in aligning employee processes and systems to match company’s plans while driving growth in the core business and strengthening the brand’s reputation,” the company said in a press release.

    Meanwhile, Goel will lead the financial strategy, development and legal activities, restaurant modernisation and expansion to support sustainable, long-term growth for McDonald’s brand in the north and east region.

    McDonald’s restaurants in north and east of India are operated by CPRL, which has the licence for the region.