Mudra North & East wins Rs 22-cr creative biz of Policybazaar
Mudra North & East has won the creative duties of Policybazaar.com, India’s biggest online insurance aggregator. The win comes on the back of a pitch process that included eight agencies. The size of the business is estimated to be Rs 22 crore.
Mudra North & East has recently won the creative duties of Policybazaar.com, India’s biggest online insurance aggregator with approximately 5 million visitors every month. The win comes on the back of a pitch process that included eight agencies. The size of the business is estimated to be Rs 22 crore.
On choosing Mudra Group, Akshya Mehrotra, CMO, Policybazaar.com, said, “We are very happy to appoint Mudra as our creative agency and we look forward to some exceptional creative work from them, which will help PolicyBazaar.com become a household brand. PolicyBazaar.com today is the highest visited insurance website in the insurance industry in the country. As we look forward to build our brand and help popularise the core concept of comparing insurance online and saving, we wanted a team who could feel the same essence and excitement which we see in Mudra.”
The company’s aim is to make buying insurance easy. One can get free insurance quotes and also compare plans based on the premium and features offered. One can choose from the largest selection of insurance plans from leading insurance companies and select the most suited plan and purchase it online.
Reacting to the win, Bobby Pawar, CCO, Mudra Group, said, “We are really excited to have the opportunity to work on the Policybazaar.com brand. They have a great vision for the category and I believe they will be gamechangers. I look forward to collaborating with Akshay and his team to create brand content that is as radical as the service itself.”
PolicyBazaar offers a wide variety of insurance plans comprising both life and general insurance. One has the advantage of comparing Pure Protection plans, Pension Plans, Child Plans, Investment Plans, Health Insurance or Mediclaim plans, Car insurance and Travel insurance as well as Home Insurance. Apart from this, Policybazaar.com also allows their customers to compare financial services, including personal loans and home loans, and offer end-to-end support for these services right from application to disbursal of loans.
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Flashed on Friday: The pitch process reportedly kicked off a couple of weeks ago and leading agencies including incumbent IPG Mediabrands and Publicis are believed to be contesting it fiercely
By Naziya Alvi Rahman | Nov 26, 2018 10:57 AM | 1 min read
Reckitt Benckiser (RB), one of the leading advertisers, has initiated a media pitch estimated to be around Rs 400-450 crore. The pitch process reportedly kicked off a couple of weeks ago and leading agencies including incumbent IPG Mediabrands and Publicis are believed to be contesting it fiercely.
One of the leading global FMCG companies, RB had appointed Initiative from the IPG Mediabrands umbrella as its media partner in December 2013 on the back of a global media review. Since then IPG has successfully retained the account despite annual pitches. Prior to IPG, the media duties were handled by Zenith Optimedia.
Meanwhile, the FMCG major that has a presence across 60 markets globally, in a recent development, gave part of its digital duties to Zenith Optimedia. As per industry sources, RB has divided its digital portfolio into two parts—Health, and Home & Hygiene. While Initiative will continue to manage Home & Hygiene, the first portfolio will be handled by Zenith Optimedia from January 2019. The move was an outcome of a global decision without any pitch being called.
exchange4media reached out to all the stakeholders but did not get a response from any of them at the time of filing this story.
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MediaCom bags Vivo's media mandate worth Rs 350-400 cr
The account will be managed and supervised from the MediaCom Gurgaon office.
By Naziya Alvi Rahman | Aug 22, 2018 8:59 AM | 1 min read
As the agency on record for Vivo in India, MediaCom will be responsible for the media strategy, planning, buying and implementation for all mass media. This big win follows MediaCom’s stellar showing at the Cannes Lions 2018.
Commenting on the partnership, Jerome Chen, CMO, Vivo India, said, “We understand that being creative is as important for a brand as its product innovation. MediaCom’s creative ideas and approach resonate with Vivo’s ethos as an innovation-driven brand. As we continue to grow stronger in India, we believe this partnership will enable us to step up our engagement with the consumers even more. We look forward to a long and mutually successful partnership with MediaCom.”
Commenting on the win, Navin Khemka, CEO, MediaCom South Asia, added, “The growth of the telecom industry in India is unprecedented and the smartphone adoption brings exciting opportunities. Vivo is one of the leading and innovative players in this space. We are delighted to partner with Vivo and looking forward to creating unmatched brand value and innovative solutions for our consumers."
The account will be managed and supervised from the MediaCom Gurgaon office.
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Initiative wins Anchor Electricals' media mandate worth Rs 100 Crore
Initiative's Mumbai office will manage the account. The account was earlier held by OMD India.
By e4m Desk | Aug 17, 2018 8:54 AM | 2 min read
Initiative will be responsible for the media strategy, planning, buying and implementation for all brands under Anchor Electricals for both mass media and out-of-home. The account will be managed by the agency’s Mumbai office.
Vivek Sharma, Managing Director, Anchor Electricals Private Limited (AEPL), the Electricals arm of Panasonic Corporation, said, "Anchor by Panasonic is a leading electrical brand in the Indian market with sales of Rs 3550 Cr in the current financial year, through a diverse product portfolio spanning seven product verticals. As a company, we are strategically aligning ourselves to substantially improve consumer connect. AEPL would aggressively use mass media in building saliency and creating awareness for its businesses in the months to come. We, at AEPL, are happy to partner with Initiative in this exciting phase of growth".
"We are confident of Initiative's domain knowledge and media buying clout. Their considerable experience in the South Asian markets will help us deliver enhanced brand communication and drive media efficiencies for AEPL", he further added.
Vaishali Verma, CEO, Initiative, said, “This is one more prestigious addition to our esteemed portfolio of clients. We look forward to working with Anchor and create cutting-edge, strategic media solutions. Working with an ambitious company like Anchor is a great challenge and we look forward to creating impactful business solutions through our proprietary global tools.”
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JWT India confirms the Quaker Oats win
Varun Channa, Sr. VP and Managing Partner for JWT's business unit PO1 confirmed this development with exchange4media.
By Misbaah Mansuri | Aug 13, 2018 6:08 PM | 1 min read
The account will be handled out of the agency’s Delhi office. The agency lead the creative campaigns for Quaker Oats in India.
The brand's creative mandate was earlier with BBDO India ever since the agency announced its launch in 2007. Varun Channa, Sr. VP and Managing Partner for JWT's business unit PO1 confirmed this development with exchange4media. "Quaker saw our work being presented and considering our experience in building nutrition brands, it was an easy decision. Since the Quaker Dairy account was already with us, this was like consolidation of the Quaker portfolio," shared Channa.
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MediaCom wins Mars’ global media account
Mars Inc. chose MediaCom following a competitive pitch launched after the brand reviewed its media account in January.
By e4m Desk | Aug 9, 2018 12:41 PM | 2 min read
The selection was reportedly made following a competitive pitch launched after the brand reviewed its media account in January. Earlier, Mars had reportedly said that MediaCom, Starcom and OMD were invited to participate in the review.
Media reports quoted the Chief Marketing and Customer Officer of the company Andrew Clarke as saying in an email statement that “the partnership will be a crucial accelerator in our ambition to be quicker, bolder and even more innovative when it comes to meeting our consumer needs."
Rob Rakowitz, Global Media Director at Mars, was quoted as saying that all three agencies showed fresh, challenging approaches.
“GroupM created a custom operating model for us which enables us to put data at the heart of our decision making, drive speed at a global, local and campaign level, and use our resources efficiently," he reportedly said.
Media reports mention that the US confectionery and food giant previously separated planning and buying, and split those duties in different regions. WPP’s MediaCom held the global planning account, while Publicis Groupe’s Starcom and Omnicom’s OMD shared buying duties with MediaCom.
The new media assignment will go into effect in the beginning of 2019.
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Eureka Forbes appoints Taproot Dentsu as its creative agency
Taproot Dentsu will be responsible for Eureka Forbes’ brands across the categories of water purifiers, air purifiers, vacuum cleaners and security and surveillance solutions
By e4m Desk | Aug 7, 2018 11:21 AM | 2 min read
Under this new partnership, Taproot Dentsu will be responsible for Eureka Forbes’ brands across the categories of water purifiers, air purifiers, vacuum cleaners and security and surveillance solutions.
Commenting on the association, Marzin R Shroff, MD and CEO at Eureka Forbes, said, “Taproot Dentsu’s creative ideas and holistic approach resonates with our ideology and strategy. We are confident that the agency’s understanding of our business and categories will help us in making our brands more engaging, intriguing and relevant to all our stakeholders. We wish the team success and look forward to an exciting journey together.”
“I would also like to acknowledge the contribution of Triton Communications that has helped us create and build our iconic brands over the last three decades,” Shroff added.
Talking about the new partnership, Umesh Shrikhande, CEO of Taproot Dentsu, said, “Aquaguard from Eureka Forbes is a brand that has been a leader and pioneer in the water purification space. For most Indian consumers, the name is synonymous with the category. The work they have done spanning visionary R&D, specialist selling and social initiatives is staggering. It is our privilege to get this opportunity to help the brand strengthen its leadership position. Equally, we are excited to work on their other important brands like Euroclean Vacuum Cleaners, Aeroguard Air Purifiers and EuroVigil Security Solutions, which are leaders in their own right."
Santosh Padhi, Co-founder and Chief Creative Officer at Taproot Dentsu, said, “It is always challenging to create sharp and memorable communication for a rational/scientific category. More so when you are dealing with a respected leader brand like Aquaguard. We will pull out all stops to make sure that we create winning communication that’s differentiated.”
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Logicserve Digital bags digital mandate for Mankind Pharma’s Unwanted-21 Days
Logicserve Digital won the account following a multi-agency pitch and will manage the creative strategy, social media, SEO and paid media for the brand
By e4m Desk | Aug 2, 2018 3:58 PM | 2 min read
The agency will be responsible for managing the social media channels, SEO, paid media services and creative strategy to help the brand grow their digital presence & build better engagement with the audiences.
Commenting on the account win, Prasad Shejale, CEO & Co-Founder, Logicserve Digital, said, “We are extremely happy to have this opportunity to work with a brand like Mankind Pharma who are one of the leading pharma brands in India. We look forward to work closely with their marketing team and help them amplify their vision and achievements by designing robust strategies for connecting with the right audiences via the right channels. Logicserve Digital aspires to further uplift the brand’s presence in the dynamic digital universe and help them achieve the desired results.”
Speaking about the announcement, Joy Chatterjee, Assistant General Manager-Marketing, Mankind Pharma, said, “We are glad to appoint Logicserve Digital as our AOR (Agency On Record) for our brand Unwanted-21 Days. The agency will help us in ideating and managing the brand’s digital marketing plan in line with the predefined objectives and goals. We were looking for an agency who will support us in our journey with their insightful solutions and help us differentiate our brands in this domain. In Logicserve Digital, we found the perfect partner to carry forward the digital duties and we strongly believe that they will be able to deliver and live up to the brand’s expectations.”
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