Times Network organises India Economic Conclave 2019-North Chapter

The agenda for the conclave was ‘Make or Break States of the Indian Economy’

e4m by exchange4media Staff
Published: Oct 22, 2019 6:14 PM  | 6 min read
IndiaConclave

Times Network organised the second regional chapter of its signature event, India Economic Conclave 2019 – North Chapter in New Delhi on October 22. Driving the economic agenda from aspiration to action with its strategic region focused events, India Economic Conclave after the success of its first regional chapter in South (Bangalore), brings its next chapter in North, titled ‘The Make or Break States of the Indian Economy’, to focus on the economic challenges of North and Central states.

India Economic Conclave 2019 (IEC) - North Chapter is a definitive platform that aims to enable the rapid transformation of India to a global powerhouse by bringing together national and state-level policymakers, local businesses leaders, influencers and experts under one roof to discuss and explore growth opportunities in this region. Drawing a roadmap to achieve India’s $5 trillion GDP target in the next 5 years, IEC North Chapter threw light on the northern and central economic growth pillars, which play a significant role in the overall growth of the Indian economy, clocking higher than national average GDP growth. The conclave also focused on the laggard states facing GDP and growth slowdown by setting the stage for constructive dialogues and discussions on critical points concerning the economy.

MK Anand, MD & CEO, Times Network, delivered the welcome address and Ravi Shankar Prasad, Minister for Law & Justice, Communications, Electronics & Information Technology, during a fireside chat deliberated upon India’s current economic scenario and Jitendra Singh, Union Minister of State for Development of North Eastern Region, MoS PMO, Govt. of India shared his vision to power catch up states to national benchmarks and in a fireside chat, Anurag Thakur, Minister of State for Finance & Corporate Affairs, deliberated on Northern States’ role in powering India to $5tn club. Trivendra Singh Rawat, CM, Uttarakhand reflected his thoughts on promoting branding of organic native products of Uttarakhand during a fireside chat. During a panel discussion, Syed Ata Hasnain, Lt Gen (Retd), shared thoughts on the evolving security scenario post Article - 370 and Combined threat of Pak – China. Gautam Gambhir, MP, BJP reflected his thoughts on the upcoming Delhi elections.

Setting the context for IEC 2019 – North Chapter, MK Anand, MD & CEO, Times Network, said, “India is an emerging superpower with a dynamic economic climate. With its large population and lower than average per capita output, North region is critical to India realising its growth potential. Correcting the catch-up States in fact is our biggest national opportunity in the next 5 years. IEC 2019 – North Chapter focuses on unearthing regional ambitions and developing the agenda for these critical states to contribute to India’s $5 trillion vision. The event assumes significance at a time when the Indian Economy is facing headwinds and it has become crucial for the business and political stakeholders to work together to put the growth wagon back on rails”.

Ravi Shankar Prasad, Minister for Law & Justice, Communications, Electronics & IT said, “The fundamentals of Indian economy are very strong, inflation is under control, current account deficit is under control, fiscal deficit is under control and we have received highest FDI to the tune of $ 16 billion which is 28 per cent more than the previous year. Our foreign exchange reserve is among the most robust. So regardless of the global downturn, we are bound to bounce back because our economic fundamentals are strong. We envision India to be a hub of 5G R&D and want to leverage it for healthcare, education agriculture and the development of India. BSNL is India’s strategic interest and it will not close down.”

“Middle class is a big beneficiary of the Digital India and Startup India initiatives. The biggest thing that this government has done, is fulfilling the middleclass’ aspiration of building an “Honest India,” he further added.

Anurag Thakur, Minister of State for Finance & Corporate Affairs said, “While the global GDP has suffered a drop from 3.8 to 3%, the IMF states that Indian economy is going strong with a projected growth rate of 6.1% in 2019 and 7% in 2020. We are currently the fastest growing economy in the world, along with China. We are well placed on our path to become a $5 trillion economy by 2025, a vison that is bound to become a reality. We are taking care of any challenges faced by the banking industry and NBFCs. Under the ‘Loan in 59 minutes’ scheme launched by Prime Minister Modi, more than 1,44,000 cases and over INR 47,000 crores have been sanctioned in less than one hour, boosting the startup environment. We are the among the top three startup nations in the world now. Multiple bold decisions which seemed unachievable earlier, like Section-370 abrogation, Triple Talaq judgement, corporate tax rate cut from 30% to 15%, have successfully been implemented in the recent past and much more is to come in the future. I’m extremely positive and confident about the $5 trillion vision becoming a reality very soon.”

Syed Ata Hasnain - Lt Gen (Retd) said, "I don’t think there could have been a better timing for abrogation of Article 370. Pakistan is economically down and out. If you are going for a 9billion dollar loan from IMF but get only 6 billion dollars and to Saudi Arabia for a 3billion dollar loan every six months, Pakistan is not in a position to fight a regular, conventional hot war. Pakistan cannot last for more than 4 days economically if they have to fight a conventional war against India and that’s why they keep threatening about nuclear weapons. It’s a sham. Wars will be hybrid. India failed to appreciate what role radicalism can play in hybrid war. While we do have programmes to counter radicalism, they are insufficient."

Gautam Gambhir, MP, BJP said, “AAP government has betrayed the people of Delhi, it has played with the emotions of people by making promises and never fulfilling them. They have done absolutely nothing on the pollution front and only thing we see is big advertisements. From education to health and women safety, they have done nothing. The only thing they done is playing the blame game. From the central government to the corporations, they blame everything to hide their failures. There is no shame in accepting failures and they must admit that they have been a complete failure. Instead we have a Chief Minister who goes on a dharna. This election is about the performance of the AAP government which is in the negative and Delhi will vote for BJP because that is the need of the hour.”

India Economic Conclave 2019- North Chapter presented by IDFC First Bank will be aired over a series of episodes on ET NOW, India’s leading English Business news channel.

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Mobavenue Media: A MadTech company built over 12 years of grit, passion, entrepreneurship

Mobavenue 2.0 is a growth and tech platform that offers brands, agencies and media publishers with MarTech and AdTech solutions

By exchange4media Staff | May 26, 2023 1:05 PM   |   3 min read

MadTech

Mobavenue’s success can be attributed to the passion, dedication and commitment of two entrepreneurial minds: Kunal Kothari, Founder and Chief Growth Officer and Tejas Rathod, Founder and Chief Operating Officer.

Starting their entrepreneurial journey at the age of just 17, the duo has been able to build Mobavenue - a successful bootstrapped MarTech and AdTech company. Recently, their efforts have been rewarded as they were honoured by Forbes (Asia) in their list of 30 Under 30 - Class of 2023, in Media, Marketing and Advertising.

Kunal and Tejas met each other during their college days. Deciding to go bootstrapped, the duo set out to disrupt the advertising industry with a $100 cheque from Google Adsense, which they earned through freelancing and started a digital marketing company in 2014. Both believed there was a better way to deliver ads while keeping a privacy-first approach - as they used to see ads based on their online activity, eventually founding Mobavenue in 2017.

Mobavenue 2.0 is a growth and tech platform that empowers brands, agencies, and media publishers with Madtech (MarTech and AdTech) solutions to drive growth, engagement, and monetisation. The company's product suites are purpose-built to drive brand performance and help brands throughout their consumer journey with a privacy-first approach. The company also helps brands with Digital Transformation to deliver an unparalleled brand experience to their consumers.

Mobavenue, which started in a small office with just a few people, has become a thriving global enterprise with over 120 employees in 10 different locations - Delhi, Mumbai, Bengaluru, Singapore, Jakarta, Kuala Lumpur, Dubai, Sydney, London, and New York. The company has partnered with 300+ brands across various industries like banks and NBFCs, fintech, B2B, D2C, retailers, e-commerce, gaming, and OTT brands.

"Building and scaling Mobavenue to what it is today wasn't an overnight success and tested our entrepreneurial will. It took 12 years of dedication, coupled with challenges and setbacks, for us to reach on high grounds we stand today," said Kothari.

With a bootstrapped budget, the pair invested all their time and energy into building Mobavenue from the ground up. It was no easy feat, but they managed to make it work despite all the odds. "Over the years, the right talents became a part of us, contributing to the shared vision that moved us forward," Kothari adds.

The duo have also been honoured with the Businessworld 30 under 30 Award. They have steered their company to win other notable awards, such as the "Most Promising Agency of the Year 2022" and the "Performance Agency of the Year 2023.”

“Being recognised as an honouree in the 30 Under 30 Forbes Asia list is a remarkable achievement for us. This honour is the high point of consistent hard work, relentless nights and the unwavering support of my team, colleagues, and associates. I am excited to leverage this recognition to inspire and empower other aspiring entrepreneurs to pursue their passion," said Rathod.

Rathod and Kothari are also angel investors in the Indian startup ecosystem, with 50 investments in tech, AI, and new media companies. The company is now working towards contextual advertising, cookie-less solutions, and other relevant growth and martech solutions for businesses and publishers.

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Teads unveils key learnings on attention measurement across 500+ global campaigns

Teads Attention Program, approaching its one-year anniversary, fostered insights that spanned 20 countries, 120 advertisers and 2.5B+ impressions measured

By exchange4media Staff | May 25, 2023 1:09 PM   |   4 min read

Teads

Teads has released the findings of its recent attention meta-analysis, which has further proven the practicality of attention as a new measurement metric, and underscored actionable ways for companies to leverage attention for improved brand lift and campaign outcomes across the funnel.

 

Through this research, Teads was able to validate the four drivers of attention – Quality of Media, Ad Experience, Relevance, and Creative – identified through joint research with major holding companies, and provide key insights into each, as measured by Lumen and Adelaide.

 

Teads found that quality premium publishers, such as Condé Nast and news publishers, outperform on attention metrics, with quality Teads content driving attention levels at least three times higher than Facebook, according to multiple measurement sources. Additionally, Teads' premium ad formats deliver attention comparable to YouTube, with a 15% higher APM (attentive seconds per 1,000 impressions) target compared to Lumen's December 2022 benchmark, while also being better perceived and more efficient.

 

Moreover, Teads extended outside of digital media by measuring CTV within an omnichannel campaign across its digital and CTV inventory. Teads identified +21% lift in omnichannel attention compared to the digital-only benchmark, according to Adelaide. In one campaign, by optimizing with high attention media across all channels, a brand drove 42% stronger lifts against Teads’ in store-visitation benchmarks.

 

Teads' research revealed that the four drivers of attention have a validated relationship between in-market attention measures and campaign outcomes – across different measurement partners, different verticals, and that maximizing attention can result in greater brand lift.

 

Jean-Paul Edwards, Managing Director, Product, OMD Worldwide said: “Attention has always been core to effective communication. At OMG, we have focused for several years on how we can effectively manage optimal delivery of the required attention for any given brief. Building on numerous attention testing programs, we have created a framework of attention parameters bespoke to each brief with tools to optimize decisions across planning, placement and creative execution. Our deep involvement with the Teads Attention Program supports that understanding, generating uplifts in attention to delivering stronger brand metrics and sales performance.”

 

Lastly, there is significant room for optimization on media and creative to increase attentive reach and dwell time, indicating that the adaptation of the creative to the platform and the relevance of the placement and context further enhance attention levels, with early studies showing a 20% uplift in attention across the flight of a campaign.

 

Srijoni Dutta Gupta, Consumer Marketing Manager, Estee Lauder EMEA said: “With the help of Teads’ team of experts, our Spring ’23 Supreme moisturizer campaign was a successful approach to strategically optimizing existing campaign assets while expressing our new consumer insights-driven storytelling in a much more impactful, measurable way. Teads understood our needs, providing valuable consumer testing data and fine-tuning turnkey deliverables for our markets.”

 

With increased focus on action driven by Attention Measurement, Teads is keenly focused on developing insight in three core areas: CTV and how to maximize attention on the TV screen, the intersection of context and attention as a component of measurement and planning in a cookieless world, and activation opportunities, particularly around product development to ensure highly attentive, efficient campaigns that deliver on outcomes across channels.

 

Liset Otten, Global Digital Activation Manager, JDE said: “The findings from our initial attention pilots with Teads conducted in the UK and Germany have inspired further roll out of attention measurement product to 10+ markets. We see significant opportunity to reduce wastage in digital buying and ensure that we are reaching people and not just devices. While we continue to move through the stages of our phased approach to testing and evaluating the attention metric, we strongly encourage markets to consider participating, as feasible.”

 

Caroline Hugonenc, Senior Vice President, Research & Insights, Teads adds: “What is truly unique with Teads Attention Program is that we are enabling clients to test, learn and measure outcomes related to attention on live campaigns. From these findings, we have seen clients embrace attention and build a competitive advantage as the industry aligns on a standard definition of attention as a metric. To support them in their journey, we will keep on innovating on the measurement solutions that we are proposing but also on the integration of attention metrics in the activation and planning stage."

 

To learn more, download the full report.

 

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Cipla introduces ‘Tuffies’ to promote better respiratory care in children

The campaign has been supported by Sonali Bendre

By exchange4media Staff | May 24, 2023 12:15 PM   |   4 min read

Sonali Bendre

This World Asthma Awareness month, Cipla launched its general patient & public awareness initiative – ‘Tuffies’ – directing more targeted awareness on improving respiratory care amongst children, especially those living with asthma. Overcoming myths and stigma associated with chronic respiratory diseases like asthma and its treatment, the Tuffies campaign is targeted at engaging children between the ages 5 through 10 yrs of age and their caregivers. Sonali Bendre launched the campaign by unveiling the Tuffies Comic Book and introducing the Tuffies Team, a group of relatable, young, adventurous characters.

A widespread non-communicable disease, asthma is the most common chronic condition among children affecting nearly 7.9% of Indian children, with about 80% of asthmatics experiencing symptoms during the first 6 years of their life. Insufficient awareness about the disease, misconceptions and perceived myths associated with its cornerstone treatment i.e. inhalation therapy, have resulted in many cases of asthma going undiagnosed and even untreated. All this ultimately results in poor control of asthma, leading to a significantly impacted quality of life that includes frequent hospitalizations and missed school days.

The Tuffies Comic Book features - Vicky, an aspiring detective who lives with asthma but does not let it hold him back, along with his sister Mini, best friend Gullu and Vicky’s trusted companion Mr. Puffy. These characters will remain central to the Tuffies campaign. The comic book will showcase the Tuffies team as they tackle challenging situations and solve mysteries in their hometown with Mr. Puffy providing guidance and motivation through his mantra ‘Breathe in and count to ten, breathe out and let go of doubt’. Through their adventures, the campaign aims to spread the message that asthma should not limit a child's potential, as long as they take the right treatment and adhere to it. While the campaign launches with the comic book, an animated video series is to follow.

Speaking on the launch of the campaign, Dr. Vikas Gupta, India Rx Head, Cipla Ltd. said, “Patients are at the heart of everything we do at Cipla, and this ethos is reflected in the efforts we have made to transform the lives of those living with asthma. Through our public awareness campaigns, we have made significant strides in raising awareness about the condition and trying to set the record straight on one of its recommended treatments i.e. inhalation therapy. Broadening our focus and for the effective management of this condition in the country, we’re excited to launch the ‘Tuffies’ campaign. With this campaign we aim to inspire children to overcome limitations and help create more open channels of communication for caregivers to make informed decisions in consultation with their child’s physician. This further deepens our efforts to bring about a positive change in people’s perception towards asthma and its treatment”.

Adding her thoughts actor Sonali Bendre said, “Cipla’s work in the asthma awareness space has over the years sparked a social movement that has served as inspiration for asthmatics across the country. And now, with the Tuffies campaign, the company extends its focus toward helping children with asthma and their parents by; combating misinformation related to the condition, enabling informed decision-making, and encouraging children to overcome their limitations. Launching the campaign with a comic book, which can entertain and inform is truly a smart way of spreading awareness about a health condition, especially amongst little ones. And as a mother, it gives me immense delight to be able to lend my voice and platform to a campaign, that has such a strong message and cause.”

Prasad Ajgaonkar, CEO of animation studio iRealities who along with his team conceptualised the Tuffies campaign characters and storyline said, “We’re happy to have been able to contribute to Cipla's efforts to promote better respiratory care in the country. Our expertise in children's animation and engaging storytelling has allowed us to spread a message of positivity and hope to children living with asthma, through this campaign. Tuffies is a great example of how creative storytelling can be used to effectively reach out and connect to an audience.”

Over the years Cipla has championed awareness around asthma through its #BerokZindagi campaign, using a multitude of creative formats and platforms to spark social conversation, engage the public and inspire change for asthmatics across the country. With the Tuffies campaign, Cipla dives deeper into specific patient cohorts urging children with asthma to unlock their true potential and empowering their parents to help them do so.

 

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CSK-GT match viewership touches 2.5 crore: JioCinema

According to JioCinema, this is the highest ever, with the previous record being 2.4 crore, registered during the CSK versus RCB match on April 17

By exchange4media Staff | May 24, 2023 10:04 AM   |   1 min read

JioCinema

The Chennai Super Kings vs Gujarat Titans match on Tuesday has clocked the highest ever concurrent viewership on JioCinema, the network has said.

The final overs of the second innings of the match saw the concurrent viewership on JioCinema touching 2.5 crore. CSK made its way to finals by winning the playoff match by 16 runs. 

The previous viewership record on JioCinema is 2.4 crore, registered during the CSK versus RCB match on April 17. 

JioCinema has been free streaming IPL matches for all viewers. 

“In terms of engagement, JioCinema continues to set new benchmarks every day. The total video views on the platform have already crossed over 1300 crore video views, setting a world record. The streaming app has been adding millions of new viewers for IPL on a daily basis. The average streaming time per match per viewer has already zoomed past 60 minutes,” said JioCinema in a release.

In terms of sponsorships and advertisers, JioCinema has roped in 26 marquee sponsors.

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Buffering targets 200 plus campaigns for movies, OTT shows & music album launches in 2023

Buffering is a data led media tech platform that is revolutionising the Media Tech industry

By exchange4media Staff | May 24, 2023 12:59 AM   |   3 min read

Buffering

Amit B Wadhwani's Buffering Mediatech has been successfully amplifying over 200 movies within ground-breaking time.

It’s been a highflying last financial year for Buffering with quite some of the top Bollywood releases being amplified by Buffering Mediatech. With Ram Setu - Akshay Kumar, Mili - Jahnvi Kapoor, Phone Bhoot - Katrina Kaif, Cirkus, PS2, Chatrapathi, Bholla, Drishyam 2, Zara Hatke Zara Bach Ke to name a few. Buffering adds to the fast growing list of latest releases amplified as Buffering as Media-Tech partners.

‘’My goal has always been very singular; give people what they want! Our services have always been tailor-made to appeal to them. But, the most important part is to convince the consumer. Make the consumers feel that they're making an absolutely right choice with the offered strategy.’’ as quoted by Founder & Director Amit B. Wadhwani.

Meanwhile, Darshini Khatri, one of the co-founders says, “When availing services or procuring solutions, every brand wants to feel confident that they made the right choice. For some purchases, that means getting the best possible value. For others, it means getting a specific set of features. Brands put a lot of energy into making sure that buyer's remorse doesn't haunt them after making a decision. At Buffering, we ensure our partners get the best of both worlds.”

Buffering is a data led media tech platform that is revolutionising the Media Tech industry. With a humongous reach of 400 Mn prospective consumers on a pan India basis, Buffering provides the perfect blend of online and offline media with digital technology. As a brand, Buffering has been able to acquire users across the country through extensive ATL/BTL activities along with digital and social media activation campaigns.

‘’Cinema dynamics coupled with data & technology is an unexplored industry which has a huge revenue potential & is an extremely profitable business. The Buffering has become a commendable model which will redefine amplification of content in the media & entertainment industry in India. I loved the focus on detailing in spite of keeping scale in mind' states young Krishiv L. Tekchandani - Co-Founder, Buffering.

With a whopping 100% YOY growth in terms of the number of amplification campaigns, Buffering targets more than 200 campaigns for movies, OTT shows, web series, music album launches and others in the current year. The last quarter has already seen Buffering increase its footprint in the sports and entertainment industry with exclusive campaigns for the Women's Premier League 2023. Forecasting a comfortable turnover of 100 Crores in the current financial year confidently. 

Buffering’s presence in the outdoor marketing space is unparalleled. It provides access to more than 19,500 active outdoor hoarding sites across premium locations of the country including presence in metros, Tier I, Tier II and Tier III cities, state and national highways that helps in establishing the presence of your brand. Not just hoardings,it can also provide high visibility options across airport terminals, autorickshaws, and other such unconventional options. Unlike other players, it co-invests in the facelift of brands through outdoor and digital media in marketing campaigns. This helps the brand provide clients with up to around 40 - 50% discount on the outdoor marketing cost as compared to any other player in the market. 

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Times Now Navbharat clocks 355 million views on YouTube

The channel registered a 422% cumulative growth

By exchange4media Staff | May 23, 2023 12:50 PM   |   1 min read

times now

Times Now Navbharat has risen among the top 3 Hindi news channels on YouTube, clocking an impressive 355 million views in April and registering a phenomenal 422% cumulative growth.

Times Now Navbharat offers innovative content formats to viewers across platforms. On the back of the fastest news, exclusive news breaks and most viewed prime-time shows - News Ki Pathshala and Sawal Public Ka, the channel has built a strong resonance with the viewers, driving high-decibel engagement across platforms.

With a series of digital exclusives that integrates the channel’s broadcast and digital content, Times Now Navbharat has been offering well-rounded insights on every major news story, combined with comprehensive coverage of key events such as the Atique Ahmad murder and ground-breaking original reportage like Operation Sheesh Mahal expose.

Rohit Chadda, President & COO – Digital Business, Times Network said, “This is a remarkable feat for a new entrant in the Hindi News category. With its unparalleled news content and interactive show formats, Times Now Navbharat has consolidated its position as the preferred destination for Hindi news on YouTube. This milestone reinforces our commitment in building new levers of digital engagement with our viewers and we are confident to continue to achieve new milestones."

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IPL on digital has delighted advertisers: JioCinema

JioCinema has claimed that it has received 1300 Cr. video views in the first five weeks of the tournament, and more than 60 minutes average user time spent per match

By exchange4media Staff | May 22, 2023 7:35 PM   |   3 min read

IPL JIo

JioCinema, the official digital streaming partner of TATA IPL 2023, has claimed that it has received 1300 Cr. video views in the first five weeks of the tournament, and more than 60 minutes average user time spent per match.

“The blockbuster performance of IPL on Digital has delighted viewers and advertisers alike. This season, the number of sponsors during IPL's digital streaming reached 26, the highest ever for any sporting tournament. With a real-time number tracking system that enables advertisers evaluate their reach on Digital, the advertiser response has reached an overwhelming number, which is in the range of 400 this season,” read a press release.

Speaking on the value of IPL advertising on digital, Jaya Jamrani, CMO, Castrol India, said “Our segments are very varied but IPL on digital has allowed me to be able to focus and drive the right content to the right audience through targeted marketing. The level of personalization and the targeting that you can achieve is amazing.”

“It’s great consumer experience that's adding a lot more numbers. Forget Hindi and English, which is quite common, but there's Bhojpuri and even Punjabi, which are actually giving a lot more numbers. From a language perspective, it's great immersive stuff for marketers,” said Vishal Chinchankar, CEO, Madison Digital.

Sudhir Shukla, COO - Hypermarkets, More Retail added, “The ability to personalize the campaign at scale is what is phenomenal about IPL on digital. Of course, there are great numbers, but the quality of the impact is absolutely fantastic. On digital we've seen the concurrency numbers, now concurrency numbers go up when a certain batsman comes in to bat, match after match. And the ability to make the most of such a moment is phenomenal.”

Speaking on interest from a variety of brands to advertise on digital this season, Amardeep Singh, CEO, Interactive Avenues said, “IPL on Digital has democratized TV for the advertisers. Earlier, to advertise on TV, you needed huge budgets. Now you don't need huge budgets to advertise on TV.”

According to the recent TAM report, CTV ad spots have shown a 20% growth, indicating the growing trend of viewers preferring the convenience and flexibility offered by CTV platforms, with premium Digital offerings of TATA IPL including 4K, multi-cam, 360-degree viewing, at an unprecedented scale, at no cost.

Speaking on CTV advertising, Singh added, “We're looking at anywhere between 25 million to 40 million CTV households being reached. And what we've seen in the end metric, CTV advertising performs better as compared to a regular ad on the mobile”

Speaking on advertisers’ gain with the surge in digital viewership of TATA IPL, Anil Jayaraj, CEO, Viacom18 Sports said, “Advertisers are the big winners this season and that’s the way it should be. Through JioCinema, advertisers are reaching the right audiences at the right price. JioCinema has opened doors for a lot of advertisers, smaller brands and companies to join the bandwagon, what use to be the exclusive preserve of top 100 advertisers.”

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