Brand Makers – Page 243

Spotify beats user expectations; reports 16 percent ad-supported revenue growth

Spotify measured a panel of users' attention via Amplified Intelligence’s attention tool, across one month using data from 2,500 people in India capturing more than 7,900 ad views.

26 percent i.e. 574 million active users were recorded in the third quarter. According to reports, premium subscribers, who account for most of the company’s revenue, amounted to 226 million.

Byju’s CFO Ajay Goel quits, to head back to Vedanta to oversee demerger

The meeting came amid a precarious liquidity crisis for the once-feted edtech, as it tries to raise money via multiple channels to keep operations going. (Image source: Moneycontrol)

Byju’s said it has made new appointments in its finance function, with Pradip Kanakia as senior adviser and Nitin Golani, currently the President-Finance, who will take charge as India CFO.

Wagh Bakri’s Parag Desai, the man who brought a legacy brand into digital times

Parag Desai was a fourth-generation entrepreneur of the renowned tea conglomerate. He held an MBA from the Long Island University in New York, USA. (Image sourced via Forbes India)

Parag Desai led Wagh Bakri’s transformation and expanded the brand into e-commerce and tea lounges, which was his passion project.

Shashi Sinha to get AAAI Lifetime Achievement Award 2023

Shashi Sinha, who is also an alumni of Indian Institute of Management, Bangalore, began his journey with Parle as a product manager. In the early 1990s, as stated by Wikipedia, he set up media planning and media buying company Lodestar.

Media veteran Shashi Sinha will join the ranks of past recepients like Subhas Ghosal, Alyque Padamsee, Mike Khanna, R K Swamy, Piyush Pandey and Sam Balsara, among others.

The last thing millions of people put on their teeth is sugar and not toothpaste: Colgate’s Gunjit Jain

Gunjit Jain says that toothpaste penetration in India has reached 100 percent. Almost 100 percent of India’s households have a toothpaste at home.

Gunjit Jain, executive vice president of marketing at Colgate-Palmolive India breaks down Colgate’s strategy to change consumer behavior through The Sweet Truth campaign.

Wagh Bakri’s executive director Parag Desai dies; Desai was a 4th gen entrepreneur

(Image source: Della Leaders Club) Parag Desai was active on industry platforms such as Confederation of Indian Industry (CII) and international organisations.

Parag Desai led the transformation of Wagh Bakri Tea Group with forays into tea lounges, e-commerce, digital and social media.

CXO Moves: Exec movements at Wavemaker, Jio Studios, Meesho, Bharti Airtel and more

Get the full picture on people and their moves on the corporate jungle gym in CXO Moves. (From left to right: Vidyadhar Kale, Prerna Jha, Shashwat Sharma and Shivani Singh Deo)

Executives move in the world of brands and agencies.

VAHDAM’s global chief marketing officer Sneha Beriwal quits

Beriwal’s previous stints included the role of a marketing manager for Dabur, head of brand and campaigns at Aditya Birla Fashion and Retail Limited and Joint Vice President - Product, Digital and Direct Marketing at Aditya Birla Health Insurance Company.

Professionally, Beriwal is on the lookout to advise early stage founders looking for help on brand and marketing thinking. She is also keen to speak with private equity and venture capital firms and explore how can she can use her operative skills in helping them and their portfolio companies.

Visionary marketers must recognize an idea, appreciate it and back it to the hilt: Navin Talreja, The Womb

A marketer who realises and appreciates an idea rallies the entire organization behind that idea. (Representative image by David Walker via Unsplash)

Media maven Navin Talreja on what it takes to be entrepreneurial and opportunistic.

Here are IAA India Chapter’s members for managing committee FY 23-24

Currently, A India Chapter is uniquely positioned with such diverse group of industry leaders from ad-agencies, media, mediatech and advertisers, said Avinash Pandey.

The list of members was decided during the first meeting of the managing committee chaired by re-elected president, Avinash Pandey, chief executive officer, ABP Network.