August 2022

CLICKTHRU

FOR STIMULATING STORIES FROM
THE WORLD OF MARKETING

Festivities to commence!

Hi All,


Let’s take a moment to celebrate 75 years of our independence. In 2022, IMF has projected India’s economy to reach $3.53 Trillion and overtake Britain’s $3.38 Trillion. This essentially will confirm India as of the one of the top five global economies by size. The freedom that we enjoy thanks to our stable democracy and strong national institutions, including of course our police and defense forces, must not be taken for granted. In fact, it needs to be appreciated even more, considering the events in Ukraine.


On the global front, Europe had been under a severe heat wave with wildfires raging across multiple countries. As per media reports, Europe’s wildfires in 2022 have nearly quadrupled the fifteen-year average! It’s pertinent for businesses to focus on sustainability as one of the business processes going forward!


Last but certainly not the least – let’s celebrate the appointment of the 15th President of India, Smt. Droupadi Murmu. As the second Indian woman president and the first from the tribal community (constituting 8.6% of India’s population), her achievement must encourage scores of Indians to dream big, and appreciate the diversity and inclusiveness of our great nation.


Everyone @Laqshya Media Group joins us in wishing you a glorious 75 years of Independence!



Best wishes,


Team Laqshya

CLICKTHRU

FOR STIMULATING STORIES FROM
THE WORLD OF MARKETING

Festivities to commence!

Hi All,


Let’s take a moment to celebrate 75 years of our independence. In 2022, IMF has projected India’s economy to reach $3.53 Trillion and overtake Britain’s $3.38 Trillion. This essentially will confirm India as of the one of the top five global economies by size. The freedom that we enjoy thanks to our stable democracy and strong national institutions, including of course our police and defense forces, must not be taken for granted. In fact, it needs to be appreciated even more, considering the events in Ukraine.


On the global front, Europe had been under a severe heat wave with wildfires raging across multiple countries. As per media reports, Europe’s wildfires in 2022 have nearly quadrupled the fifteen-year average! It’s pertinent for businesses to focus on sustainability as one of the business processes going forward!


Last but certainly not the least – let’s celebrate the appointment of the 15th President of India, Smt. Droupadi Murmu. As the second Indian woman president and the first from the tribal community (constituting 8.6% of India’s population), her achievement must encourage scores of Indians to dream big, and appreciate the diversity and inclusiveness of our great nation.


Everyone @Laqshya Media Group joins us in wishing you a glorious 75 years of Independence!



Best wishes,


Team Laqshya

Cover Story

Laqshya Media eyes Rs 1,000 cr topline by 2025 as OOH market recovers post-Covid

Laqshya Media Group, one of India’s leading out-of-home (OOH) companies, is targeting a turnover of Rs 1,000 crore by 2025, as markets have shown strong signs of recovery across all segments.

Speaking about the industry growth, Alok Jalan, Managing Director, Laqshya Media Group said, “OOH market has recovered, and we are almost at a pre-pandemic level in terms of revenue, maybe 85-90%. We are targeting Rs 1,000 crore topline by 2025 and a growth rate of 20-25% CAGR over the next few years. We may look at some fundraising in the near future, or we may look at the listing of the company in a couple of years, depending on where we are at that point of time and what kind of requirement we have. Currently, the revenue split is 80:20 in OOH and other businesses, and we want to change that. So, we also look at combining these three services for any client because that also creates a lot of value.

We have our presence in Mumbai, Chennai, Hyderabad, Bangalore, and Delhi and we want to consolidate our presence in these markets first. The number of sites today is not very important, but the quality of sites is. As we move forward, our strategy is to either have dominance or exclusivity because that is how you can create value for an advertiser also.”

Indian Marketing News

Indian advertising market to grow 16% in 2022, touch $11 billion: Report

The Indian advertising market will remain the fastest-growing in the world over the next two years, a new report by Dentsu International, released on Thursday, said. Read More

Indian advertising market to grow 16% in 2022, touch $11 billion: Report

The Indian advertising market will remain the fastest-growing in the world over the next two years, a new report by Dentsu International, released on Thursday, said. Read More

Indian car buyers are lapping up SUVs, high-tech features like never before

India's romance with SUVs is intensifying ever so fast and automakers are fuelling the affair even further, having launched 36 such models in the last five years. Read More

Indian car buyers are lapping up SUVs, high-tech features like never before

India's romance with SUVs is intensifying ever so fast and automakers are fuelling the affair even further, having launched 36 such models in the last five years. Read More

Amul achieves group turnover of Rs 61,000 crore

“Over the past 12 years, our milk procurement has increased by a phenomenal 190 per cent. This impressive growth was a result of the high milk procurement price – which has increased by 143 per cent during this 12 year period Read More

Amul achieves group turnover of Rs 61,000 crore

“Over the past 12 years, our milk procurement has increased by a phenomenal 190 per cent. This impressive growth was a result of the high milk procurement price – which has increased by 143 per cent during this 12 year period Read More

Crypto markets rebound but assets future in India uncertain: Experts

From April 1, a 30 per cent tax was applied on income from the sale of cryptocurrency. From July 1, an additional 1 per cent tax was applied in the form of tax deducted at source (TDS) Read More

Crypto markets rebound but assets future in India uncertain: Experts

From April 1, a 30 per cent tax was applied on income from the sale of cryptocurrency. From July 1, an additional 1 per cent tax was applied in the form of tax deducted at source (TDS) Read More

Herbalife Nutrition is official Nutrition Partner for Team India at Birmingham 2022 CG

Nutrition company Herbalife Nutrition has partnered with the Indian Olympic Association (IOA) as the Official Nutrition Partner of Team India for the Commonwealth Read More

Herbalife Nutrition is official Nutrition Partner for Team India at Birmingham 2022 CG

Nutrition company Herbalife Nutrition has partnered with the Indian Olympic Association (IOA) as the Official Nutrition Partner of Team India for the Commonwealth Read More

Indian ‘green’ blockchain startup raises $100 million, turns unicorn in a crypto bear market

5ire, a sustainable blockchain network, said that it has raised $100 million in Series A funding, from UK-based SRAM & MRAM group. This round has taken its valuation provided the Omicron spread Read More

Indian ‘green’ blockchain startup raises $100 million, turns unicorn in a crypto bear market

5ire, a sustainable blockchain network, said that it has raised $100 million in Series A funding, from UK-based SRAM & MRAM group. This round has taken its valuation Read More

Manyavar partners with Indian Olympic Association as Indian Official Style Partner

Indian apparel wear brand Manyavar has partnered with Indian Olympic Association as the Indian official style partner for the upcoming Commonwealth Games, Asian Games 2022 and Paris Olympics.. Read More

Manyavar partners with Indian Olympic Association as Indian Official Style Partner

Indian apparel wear brand Manyavar has partnered with Indian Olympic Association as the Indian official style partner for the upcoming Commonwealth Games, Asian Games 2022 and Paris Olympics.. Read More

MediBuddy acquires Clinix, plans to make healthcare accessible for rural India

MediBuddy, India’s Digital Healthcare platform today announced that it has acquired Clinix, an online doctor consultation platform specializing in rural India. Clinix has a widespread network Read More

MediBuddy acquires Clinix, plans to make healthcare accessible for rural India

MediBuddy, India’s Digital Healthcare platform today announced that it has acquired Clinix, an online doctor consultation platform specializing in rural India. Clinix has a widespread network Read More

Here’s why crypto exchange Vauld suspended deposit, withdrawal services

Crypto exchange Vauld has suspended deposits and withdrawals on its platforms citing “financial challenges” amid the crypto market’s Read More

Here’s why crypto exchange Vauld suspended deposit, withdrawal services

Crypto exchange Vauld has suspended deposits and withdrawals on its platforms citing “financial challenges” amid the crypto market’s Read More

UAE Key Export Market For Indian Gems, Jewellery, Exports Account For 15%

The top official said, India's plain gold jewellery exports to the UAE jumped 63 per cent to 135.27 million in May and 59 per cent to USD 116.70 million in June this year. Read More

UAE Key Export Market For Indian Gems, Jewellery, Exports Account For 15%

The top official said, India's plain gold jewellery exports to the UAE jumped 63 per cent to 135.27 million in May and 59 per cent to USD 116.70 million in June this year. Read More

Global Marketing News

Fed interest rate decision, earnings, global trends to drive equities this week: Analysts

Due to a number of variables, including the US Fed rate decision, the expiration of monthly options, and the release of results by index companies, Read More

Fed interest rate decision, earnings, global trends to drive equities this week: Analysts

Due to a number of variables, including the US Fed rate decision, the expiration of monthly options, and the release of results by index companies, Read More

Eutelsat in talks on possible all-share merger with UK's OneWeb

PARIS, July 25 (Reuters) - French satellite company Eutelsat (ETL.PA) said it was in talks over a possible all-share merger with British rival OneWeb, which could help Read More

Eutelsat in talks on possible all-share merger with UK's OneWeb

PARIS, July 25 (Reuters) - French satellite company Eutelsat (ETL.PA) said it was in talks over a possible all-share merger with British rival OneWeb, which could help Read More

Snap sales wipe $76 billion off social media stocks; Twitter falls 2.5%

US social-media giants were poised to see more than $76 billion wiped off their stock-market values after disappointing Read More

Snap sales wipe $76 billion off social media stocks; Twitter falls 2.5%

US social-media giants were poised to see more than $76 billion wiped off their stock-market values after disappointing Read More

Nasdaq boosted by growth stocks after Netflix's upbeat forecast, jumps 1.8%

The Nasdaq gained nearly 2% on Wednesday after a positive forecast from Netflix added to largely upbeat second-quarter earnings from U.S. companies amid rising recession fears due to the Read More

Nasdaq boosted by growth stocks after Netflix's upbeat forecast, jumps 1.8%

The Nasdaq gained nearly 2% on Wednesday after a positive forecast from Netflix added to largely upbeat second-quarter earnings from U.S. companies amid rising recession fears due to the Read More

Marcos Bats for Digital Tax, Solar Power in 8% Growth Push

Philippine President Ferdinand Marcos Jr. pushed to tax digital services, pledged to sustain robust spending on infrastructure and vowed never to enforce another lockdown to hit an 8% growth during his term. Read More

Marcos Bats for Digital Tax, Solar Power in 8% Growth Push

Philippine President Ferdinand Marcos Jr. pushed to tax digital services, pledged to sustain robust spending on infrastructure and vowed never to enforce another lockdown to hit an 8% growth during his term. Read More

Trivia

  1. Masala Tea and Filter Coffee are the new beverages introduced by Starbucks in India that gives the menu a desi touch.
  2. Super Tech builders’ twin towers of 32 stories in NOIDA will be demolished soon on court orders.
  3. Tata Consumer Products has launched plant-based meat products under the brand name ‘Simply Better’.
  4. Rashtriya Gokul Mission aims at upliftment of dairy farmers making dairying more remunerative.
  5. Ashish Kumar Chauhan is the newly appointed MD and CEO of National Stock Exchange (NSE), currently President of Bombay Stock Exchange (BSE).
  6. Sanofi global pharma major has decided to put 30 of its treatments including insulin sold in 40 low-income countries in a new division that will operate on a Not-for-profit basis.
  7. Amul’s frozen French-fry is prepared at the Banaskantha dairy, and the first consignment has been shipped to Philippines.
  8. Battleground Mobile India (BGMI) was the first eSports event in India telecasted live by Star Sports on June 24.
  9. Vauld crypto trading platform Co-Founded by Darshan Bathija has suspended withdrawals, deposits, and trading in crypto currencies recently.

Laqshya Media Group Campaigns

During the month of July 2022, Laqshya Media Group executed various prominent campaigns for Maruti Suzuki (Brezza), Santoor, Taneira, Tanishq, Yamaha, Mia by Tanishq, Vivo, ACKO and Sumadhura Group

“It always seems impossible until its done.”

― Nelson Mandela

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Editorial team: Harshaal Deoruckhkar and Aachal Shah