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.
Brands
Axis Bank named Official Banking Partner of DP World PGTI
Partnership supports all tournaments this season to grow professional golf in India.
MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.
Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.
Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”
Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”
Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”
In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.
