MAM
Ajay Gupte’s Wavemaker tops Warc’s agency effectiveness list
MUMBAI: Wavemaker India is riding high, clinching the top spot in the WARC 100 Most Effective Global Ranking 2025—pulling off a victory with the swagger of a Madison Avenue maverick.
As the advertising industry scrambles under the Competition Commission of India’s (CCI) watchful eye over alleged price-fixing allegations, Wavemaker has flipped a potential headwind into a jet stream of success.
Ajay Gupte, chief executive for south Asia, isn’t just celebrating—he’s making a statement. “Creativity powered by insight and innovation.” That’s not just a corporate tagline—it’s a battle cry.
The numbers tell a cracking story. Wavemaker Mumbai stormed to 115.3 points, blowing past global giants. More remarkably, it stands as the only Indian agency in the top 10—a statistical unicorn in a rankings table usually ruled by North American and European behemoths.
The global podium:
1) Wavemaker Mumbai, India (115.3 points)
2) Starcom Chicago, US (107.7 points)
3) Mindhare New York, US (78.4 points)
Even as the CCI probes alleged anti-competitive practices in the advertising world, Wavemaker has flipped the script—turning scrutiny into strategy. While some players glance nervously over their shoulders, Wavemaker is already sprinting ahead.
Chief client officer and office head, west, north & east Shekhar Banerjee, calls it a journey of “consistency, evolution and relentless focus. No 1 in 2023 #2 in 2024. Back to #1 in 2025.”
The WARC 100 isn’t just a list. It’s the Everest of media effectiveness rankings—stacked with the most impactful campaigns on the planet.
A massive shoutout to GroupM and Wavemaker India’s leadership for pushing boundaries on tech, measurement, full-funnel strategies and creativity.
While the industry introspects, Wavemaker accelerates.
Brands
Raj Cooling Systems launches Agreyas appliances brand
Emraan Hashmi named brand ambassador for consumer appliance push.
MUMBAI: A company known for cooling solutions is now heating up its ambitions in the home appliances market. Raj Cooling Systems Pvt. Ltd. has launched a new consumer appliances brand, Agreyas, marking its entry into India’s rapidly expanding home appliances sector valued at more than Rs 1.5 lakh crore. The move represents a strategic diversification for the company, which has traditionally focused on cooling solutions for residential, commercial and industrial applications. Through Agreyas, the firm plans to tap into growing consumer demand for energy efficient and technology driven household appliances.
To build brand visibility, Agreyas has appointed Emraan Hashmi as its brand ambassador. The campaign has been developed under the banner of Zoommantra Productions, with actor and filmmaker Rohit Roy contributing to the creative direction.
The brand’s initial portfolio will include mid premium air conditioners, washing machines, geysers and other white goods designed to cater to modern Indian households seeking efficient and reliable appliances.
Raj Cooling Systems, founder and chairman Kalpesh Ramoliya said the launch aligns with the company’s broader expansion plans.
“The launch of Agreyas is in line with our vision to build a strong presence in India’s consumer electronics and home appliances market. The brand has been developed as a standalone identity to meet the evolving needs of Indian consumers,” he said.
Hashmi said the collaboration comes at a time when Indian buyers are increasingly looking for innovative and functional home solutions.
“I’m looking forward to working with Agreyas at a time when consumers are seeking more innovative and efficient home products. The brand reflects changing consumer behaviour around functionality, innovation and ease of use,” he said.
Raj Cooling Systems plans to invest around 10 million dollars in developing the brand, with an additional 5 million dollars earmarked over the next three to five years for product development and distribution expansion.
Agreyas will follow a multi channel distribution approach, selling through online platforms, retail outlets and dealer networks aimed at both urban and semi urban markets across India.
With the launch, the company is positioning Agreyas as a standalone consumer facing brand while continuing to leverage its existing manufacturing, engineering and research capabilities built through its core cooling solutions business.
