MAM
Aegis Media swallows India’s Communicate 2
MUMBAI: Aegis Group has made its second acquistion in India. The UK-based agency snapped up Communicate 2, a performance marketing and search agency in India, to strengthen its digital presence in India.
Communicate 2‘s gross assets till March-end stood at Rs 129.9 million.
Pursuing targeted acquisitions, Aegis Media had acquired a majority stake in Doosra Brand Communications to add creative capability to its India outfit.
In the recent deal, Aegis has decided to merge Communicate 2 with iProspect India‘s existing operations as it seeks to strengthen its network in key cities across India and provide additional service capabilities for its clients. The agency will now be known as iProspectCommunicate 2.
“The combined employee strength will be about 150 people,” said Aegis Media chairman India and CEO South East Asia Ashish Bhasin.
Communicate 2 is a specialist performance marketing agency which focuses on search marketing, digital strategy consulting, social media and digital content production.
Vivek Bhargava will continue to lead this merged entity as CEO. “We are very happy to welcome Communicate 2, led by Vivek Bhargava, to the Aegis Media family. Communicate 2 is India‘s pioneering Search and Performance marketing agency and Vivek is a well known guru in this field. I believe that search will be the fastest growing part of our industry for the foreseeable future and as part of the iProspect network, Communicate 2 will continue to be the undisputed leader in this area,” said Bhasin.
Vivek will also join the Aegis Media India executive council. “We look forward to seeing iProspectCommunicate 2 going from strength to strength,” Bhasin added.
The acquisition, which has just been completed, is in line with the Aegis‘ strategy of increasing its digital profile and capability in faster growing regions.
Aegis Media also runs Isobar in the digital space. The interests of Isobar and iProspect, however, are very different. While Isobar is a global digital marketing network that is into web development, app development, media buying and planning for digital medium, iProspect is a global digital performance agency. iProspect helps brands maximise their online marketing RoI through paid search, social media strategy, search engine optimisation, display, mobile marketing, comparison shopping engines, conversion optimisation, attribution modelling and management, and other related services.
The Indian digital ad industry is sized at around Rs 24 billion and has a huge growth opportunity. Currently, Aegis generates close to 12 per cent of its India revenues from digital. “In the Indian digital ad pie, Aegis‘ digital agencies Isobar and iProspect constitute around 3.25 per cent. This works out to Rs 780 million,” a source said.
Originally established in 1997, Communicate 2 handles clients like Tata Consultancy Services, Cleartrip, ICICI Lombard and HDFC Bank. It has offices in Mumbai, Delhi and Pune and employs over 130 employees.
In July this year, Japanese media conglomerate Dentsu agreed to buy out UK-based Aegis Media Group for a whopping $4.9 billion.
Also read:
Dentsu to acquire Aegis for $4.9 bn
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Abhay Duggal joins JioStar as director of Hindi GEC ad sales
The streaming giant brings in a seasoned revenue hand as the battle for Hindi television advertising heats up
MUMBAI: Abhay Duggal has a new desk, and JioStar has a new weapon. The media and entertainment veteran has joined JioStar as director of entertainment ad sales for Hindi general entertainment channels, adding 17 years of hard-won revenue experience to one of India’s most powerful broadcasting operations.
Duggal is no stranger to big portfolios or bruising markets. Before joining JioStar, he spent a brief stint at Republic World as deputy general manager and north regional head for ad sales. Before that, he put in three years at Enterr10 Television, where he ran the north region for Dangal TV and Dangal 2, two of India’s leading free-to-air Hindi channels. The north alone accounted for more than 50 per cent of total channel revenue on his watch, a number that tends to get attention in any sales meeting.
His longest stint was at Zee Entertainment Enterprises, where he spent over six years rising to associate director of sales. There he commanded the Hindi movies cluster across seven channels, owned more than half of north India’s revenue across flagship properties including Zee TV and &TV, and closed marquee sponsorships across the Indian Premier League, Zee Rishtey Awards and Dance India Dance. He also handled monetisation for the English movies and entertainment cluster and the global news channel WION, a portfolio that would stretch most sales teams twice his size.
Earlier in his career Duggal closed what was then a Rs 3 crore single deal at Reliance Broadcast Network, one of the largest in Indian radio at the time, before that he helped launch and monetise JAINHITS, India’s first HITS-based cable and satellite platform.
His edge, by his own account, lies in marrying data and instinct: translating audience trends, inventory signals and client demands into long-term partnerships built on cost-per-rating-point discipline rather than short-term deal chasing. In a media landscape being reshaped by streaming, fragmented attention and AI-driven advertising, that kind of rigour is increasingly rare and increasingly valuable.
JioStar, which blends the scale of Reliance’s Jio platform with the content firepower of Star, is doubling down on its advertising business at precisely the moment the Hindi GEC market is getting more competitive. Bringing in someone who has spent nearly two decades doing exactly this, across some of India’s most watched channels, is a pointed statement of intent. Duggal has spent his career turning audiences into revenue. JioStar is clearly betting he can do it again, and bigger.
