MAM
?1.85m fund injection for MediaCo
MUMBAI: Large format outdoor advertising specialist MediaCo Outdoor Ltd has secured a ?1.85m funding package from Natwest.
MediaCo Outdoor is a subsidiary of MediaCo, a Trafford Park-based graphics and printing business which specialises in large format print and graphics solution business.
MediaCo has already bagged 10-year contracts to administer and sell space on Manchester city council‘s portfolio of 40 billboard sites, and on billboards at the 87-acre Wembley Stadium site on behalf of owner Quintain Estates.
MD Mark Wardle said, “The comprehensive range of outdoor display and advertising solutions that we can offer has been well received by the market and we are confident of further growth in this area. As the business develops and secures new contracts access to working capital is essential. The facility we have agreed with NatWest gives us this capability.”
MAM
Ameya Velankar steps down as Uber’s head of marketing for India & South Asia
Veteran marketer exits after more than seven years with the ride-hailing giant.
MUMBAI: After more than seven years of steering Uber through the bumpy roads of India’s mobility market, Ameya Velankar has decided to change lanes. Ameya Velankar has stepped down as Head of Marketing for India and South Asia, marking the end of a significant chapter at the ride-hailing company. He had been with Uber since 2019, taking on multiple roles in product and category marketing before rising to lead the marketing function for the region in 2021.
During his tenure, Velankar played a key role in strengthening Uber’s positioning in one of its most competitive and dynamic markets. He helped drive localised marketing strategies and scale adoption across key offerings such as Auto, Moto, Rentals and Intercity, tailoring global platforms to Indian consumer needs.
Prior to joining Uber, Velankar built his marketing expertise at leading consumer companies including SC Johnson and Marico, where he handled category and product leadership roles. His career began at RPG Enterprises.
Details of his next professional move have not been disclosed.
In a fast-evolving mobility landscape where brands constantly battle for attention, Ameya Velankar helped Uber stay relevant and resonant with millions of Indian users. As he moves on from the driver’s seat of marketing, the company will now look for fresh ideas to keep its wheels turning smoothly.
