MAM
CTM Group partners Mango Cabs for ad space
MUMBAI: Creative Thinks Media (CTM) Group has entered into an agreement with Round-O-Clock Services for the managing the advertising space in the Mango Cabs.
With the deal in place, CTM Group will be responsible to sell the advertising space inside and outside of the cabs.
CTM Group MD Ritesh Malik said, “The objective is to create different media vehicles owned by CTM which would help in creating more revenue streams thereby working towards making ourselves a leading media house from an advertising agency that we are currently.”
Mango Cabs business model runs on the lines of London Radio Taxi, under which driver own the cabs and are attached with company for business activities. At present, the fleet size is of 500+ cabs and the company is planning to double the number with in next six months. It is also planning to launch in Bangalore, Agra and Kanpur.
CTM is also eyeing to go public and already is in talks with private equity firms to raise funds. “The vision is to work towards an IPO in the coming years and we are also talking with few venture capital firms and investment firms which would help us in our growth path by infusing the necessary funding requirements. We are a zero debt company with our own asset base which has made us worthy of the growth that we are looking for ourselves,” Malik added.
MUMBAI: In India’s fast-moving payments race, Visa has just swiped in a new leader. The company has named Suresh Sethi as its India country head, marking a key leadership shift as it sharpens its focus on digital payments growth in the market. Sethi steps into the role following his recent exit from Protean eGov Technologies, where he served as chief executive officer. He succeeds Sandeep Ghosh, who has moved on after more than four years at Visa to pursue an external opportunity.
The appointment comes at a time when Visa is doubling down on its expansion strategy across India and the wider region, deepening partnerships and accelerating adoption in an increasingly competitive digital payments ecosystem.
Sethi brings with him a broad, cross-market perspective shaped by decades of experience across corporate banking, retail financial services, mobile money and large-scale government technology initiatives. He began his career at Citigroup, where he spent 14 years working across India, Africa, South America and the United States, focusing on transaction banking services within the corporate bank.
His appointment signals a blend of institutional experience and market familiarity qualities that could prove critical as Visa navigates a landscape where fintech innovation, regulatory evolution and consumer adoption are all accelerating at once.
As digital payments in India continue to scale rapidly, the leadership change underscores a simple reality, in a market where every tap, scan and swipe counts, who leads the charge can matter just as much as the technology itself.
