Umang Bedi Joins Dailyhunt as President

Bedi, former Managing Director of Facebook- India and South Asia, will now be in charge of expanding Dailyhunt's revenue and user base.

e4m by exchange4media Staff
Published: Feb 15, 2018 11:36 AM  | 3 min read

Verse Innovation Private Limited, creators of Dailyhunt, the news and entertainment aggregate, announced the prominent appointment of Umang Bedi as its President. Bedi will be in charge of expanding the company's revenue and user base (which reaches more than 80 million active users per month), and will report to the company's Founder, Virendra Gupta.

The move comes in the wake of Dailyhunt's emergence as India's undisputed leader in news and regional language content. Dailyhunt relies on a proprietary algorithm powered by Deep Learning and Machine Learning to deliver personalised, intuitive, smart curated content. 80 million users spend over 6 billion minutes on Dailyhunt each month.

The platform offers over 250,000 news articles in 14 languages licensed from thousands of content partners and contributors every day. It provides original video content in Hindi and Telugu, free live television streaming service with 130+ channels across 9 languages through a strategic partnership with Vuclip and YuppTV, market leaders in the over-the-top (OTT) video content space. Dailyhunt's latest offering comes in the form of Newzly, a news excerpt mobile application that provides user customised trending headlines, also in 9 languages.

A study by KPMG and Google titled ‘Indian languages Defining India’s Internet’ highlights that by 2021, regional language users will account for 75% of India’s Internet user base. 90% of the new internet users in India in the next 5 years will be Indian language users growing by 230% to 536 million users in 2021. Vernacular Indian languages are redefining the Internet landscape by transforming the lingual face of Digital India. Dailyhunt is leading the transformation and enjoys the #1 position in this exciting market. Dailyhunt's investors include Matrix Partners India, Sequoia, Omidyar Network, Falcon Edge and Bytedance.

Umang Bedi recently concluded a successful tenure as the Managing Director of Facebook for India and South Asia. His contributions were instrumental in India emerging as among the largest markets for Facebook globally. The Harvard Business School Alumnus, reported for being a change agent is a sought-after name for his ability to scale businesses. Having led global enterprises such as Adobe, Intuit, Symantec in India and South Asia, Umang has championed collaborative cross-functional management. He has been the recipient of coveted awards including - Fortune India 40 Under 40, GQ's 50 Most Influential Young Indians and 40 Under 40 by the Economic Times.

Umang Bedi said; “This is a tremendous opportunity to drive scale via Dailyhunt’s ‘Made in India’ platform. The intention is to serve the unmet, under-served needs of Indians who live in tier 2,3,4 cities and rural areas and provide them with personalised, relevant, meaningful experiences. With skin in the game in this truly entrepreneurial undertaking, one has a heightened sense of responsibility, and the challenge is exhilarating. I believe Dailyhunt can differentiate to win market share in the advertising space and be an independent platform of scale.”. He concluded by stating, "Dailyhunt will become India's tool of social inclusion by bridging the digital divide, enriching and serving aspirations of a billion people and I look forward to working closely with Viru and the team, leading Dailyhunt to become a truly large scale valuable company.”

Virendra Gupta, Founder of Dailyhunt said, "We are seeing unprecedented growth in time spent for truly local content across text, images and video. Dailyhunt has already achieved substantial impact and our ambition is to consolidate our leadership position in local language content and advertising and exponentially scale this leading platform. Umang’s background in social media content and experience leading scaled teams generating hundreds of millions of dollars in revenues is a great fit with our plans. I welcome him on board and look forward to partnering closely with him on our journey going forward.”

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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

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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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'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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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 by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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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

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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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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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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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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