Percept acquires Allied Media; launches full service media offering ‘Percept Media’
More repercussions of the Percept-Carat break-up are surfacing. Percept Holdings has announced the acquisition of Shripad Kulkarni’s Allied Media and launch of Percept Media, a full service 360-degree media offering. It has also announced restructuring of its media businesses to strengthen the new ‘true 360-degree media offering’.

More repercussions of the Percept-Carat break-up are surfacing. With Carat’s media expertise no longer available, Percept has launched its own media division – ‘Percept Media’. Percept Holdings has announced the acquisition of ex-Carat COO Shripad Kulkarni’s Allied Media and launch of Percept Media, a full service 360-degree media offering. It has also announced restructuring of its media businesses to strengthen the new ‘true 360-degree media offering’.
Percept will also bring all existing media services – viz. Posterscope, PDM, Web Percept, P9 Integrated, Tiger Sports and Percept Activa – under the newly structured Percept Media to complete and create India’s only true 360-degree media offering.
Kulkarni will continue to lead Allied Media as a key stakeholder. Ajay Upadhyay, President (Corporate Affairs), Percept Holdings, is leading the restructuring and resourcing process for Percept Media.
Percept Media is set to cross capitalised billings of $150 million in the first year (2007) itself, aiming for a top five industry slot. The integrated true 360-degree offering will initially be offered through Percept Media’s infrastructure in Mumbai and Delhi and subsequently extended to over 23 locations across India.
Percept Media currently has a team strength of 300, which is slated to further increase to about 350 by mid-2007. Shailendra Singh, Joint Managing Director, Percept Holdings said, “In just the first year of operations of Percept Media, it will rank amongst the top five media service businesses in India. Percept Media is also India’s first true 360-degree media service.”
Geared to meet the current and emerging market needs, Percept Media will offer turnkey solutions in conventional and traditional media, out-of-home, below the line, activation, retail, rural, experiential marketing, entertainment marketing, new media, digital and interactive media, sports marketing, sponsorships and endorsements.
The media buying and execution benchmarks / metrics will be mutually agreed between Percept Media and its clients. The post campaign audits will be tracked by one of the big four audit firms to confirm adherence to the agreed benchmarks and metrics ensuring true transparency in the media buying and delivery process.
Kulkarni, CEO of Allied Media, said, “I am happy that Percept chose us to partner in their new media initiative as our vision and views on ‘media ethics’ match. We will set a norm in the media business, by ushering in an era of ethical media buying and transparency.”
He further said, “Percept Media will have a dedicated 23-city intranet network in place soon, which will facilitate the centralised planning and buying with the capability to ‘execute and activate’ at a localised level. The strong IT network will enable a bottom up planning approach instead of the traditional top down models.”
Percept Media will provide a unique media service delivery platform through its micro-marketing infrastructure with the support of IT-based networks. This will ensure reduced national and regional response time apart from increased speed and efficiency for clients.
This announcement comes on the back of an ‘all cash’ deal to buy back all of Aegis Group Plc’s shareholdings in PDM India and Posterscope India. Percept has now formally exited its relationship with Aegis. Percept has bought back all of its media business, which was earlier committed to Carat India, under the joint venture agreement with Aegis and will now handle it in-house.
All independent companies and divisions under Percept Media will work together as Percept Media and also independently in their respective business domains.
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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur
The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more
With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.
The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.
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Swapan Seth's new book 'COOL' is out
The book is a reflection of the author's 'eclectic taste across categories'
Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."
The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."
COOL has been published by Simon & Schuster India and is available on Amazon.
Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.
He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.
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Disney Star signs 9 sponsors for Asia Cup PAK
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board
e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.
Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.
According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.
As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.
A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.
Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.
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Sorted 360 wins creative & social media mandate of Reliance Mall
The agency will manage offline and online campaigns for Reliance Mall
Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.
“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.
“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.
"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."
"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."
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KlugKlug onboards Hemang Mehta as Country Manager for Indias
Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments
KlugKlug has appointed Hemang Mehta as its Country Manager for India.
Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy
Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.
Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."
Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."
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