AD Agencies
Goafest 2025 returns to Goa with a bang
MUMBAI: South Asia’s biggest creative extravaganza, Goafest, is heading back to its spiritual home in Goa for its eighteenth edition. Organised by the Advertising Agencies Association of India (AAAI) and The Advertising Club (TAC), Goafest 2025 will take place from 21 to 23 May at the Taj Cidade de Goa Heritage and Horizon Goa. This year, the festival welcomes Amazon MX Player as its title sponsor.
A fresh twist awaits attendees with the debut of the ‘Goafest Village’—a dynamic, multi-venue experience packed with immersive engagements under one roof. Themed ‘Ignite _____’, the festival is set to spark game-changing discussions on creativity, brand evolution and consumer engagement.
Celebrated as the mecca of advertising, media and marketing, Goafest promises three action-packed days of learning, networking and inspiration. The Abby Awards Powered by One Show will once again take centre stage, honouring South Asia’s most outstanding creative minds.
GroupM South Asia CEO & AAAI president Prasanth Kumar said, “Goafest is a beacon of creativity and connection. Returning to Goa feels like coming home. ‘Ignite _____’ is more than a theme—it’s a call to action for bold ideas, groundbreaking conversations and visionary thinking. The Goafest Village concept will elevate networking, collaboration and the overall festival experience.”
TA president and group CEO of Havas India, south east and north Asia Rana Barua added: “Goafest is where ideas meet impact. This year, we aim to push creative boundaries further with ‘Ignite _____’. The AbbyY Awards Powered by One Show continue to be the gold standard of creative excellence, and this year’s edition will be nothing short of inspiring.”
Goafest 2025 organising committee chairman Jaideep Gandhi promised an even bigger spectacle, saying, “With new initiatives like Goafest Village, we are redefining engagement, learning and industry collaboration. Our mission is to propel India’s creative and marketing ecosystem onto the global stage.”
Havas Media Network India CEO and co-chair of the organising committee Mohit Joshi, added, “Tech, data and agility are rewriting advertising. At Goafest 2025, we’ll ignite powerful conversations that challenge norms and fuel ideas with real-world impact.”
“Goafest has always been a platform where the brightest minds in advertising, media, and marketing converge to exchange ideas and push creative boundaries. Bringing the festival back to Goa this year is about rekindling the energy and spirit that makes Goafest truly special. With a larger-than-ever scale, immersive experiences, and an inspiring lineup of industry leaders, Goafest 2025 will be a space where innovation meets opportunity. We are excited to welcome the entire industry to Goa for three days of learning, networking, and, most importantly, celebrating creativity. We also look forward to honoring the best minds in the industry with the Abby Awards Powered by One Show,” added Adani group corporate branding Ajay Kakar.
Amazon MX Player director Aruna Daryanani, highlighted the synergy between the festival and the brand’s mission: “As a platform redefining entertainment and advertising, we’re thrilled to partner with Goafest 2025. The theme ‘Ignite _____’ aligns perfectly with our vision of pushing creative and content boundaries.”
Drawing over 2,000 industry professionals annually, Goafest 2025 is set to be bigger, bolder and more immersive than ever. Expect a melting pot of creativity, commerce and culture—all under the Goan sun.
AD Agencies
Madison in talks to acquire Wondrlab in what could be India’s biggest agency deal
MUMBAI: Mar-tech network Wondrlab Network is in talks to acquire advertising major Madison World, according to media reports, in a move that could reshape India’s agency landscape.
In a statement shared with Social Samosa, Wondrlab Network founder and CEO Saurabh Varma, confirmed that the group is actively evaluating acquisition opportunities but declined to confirm any specific transaction.
“We have consistently stated that Wondrlab is building for scale, and acquisitions remain an important part of that strategy. We are in discussions with multiple companies across capabilities that strengthen our platform-first, full-funnel marketing and technology offering. Any development will be communicated at the appropriate time,” Varma said.
Wondrlab has pursued acquisitions as part of an ambitious plan to buy 26 agencies across three phases. In 2025, it completed its seventh acquisition, underscoring its appetite for inorganic growth.
According to reports, Madison founder Sam Balsara is seeking around Rs 1,000 crore for the agency. If the Wondrlab deal goes through, it would rank as the largest acquisition of an Indian agency by another Indian agency.
Wondrlab was launched in November 2020 by Saurabh Varma, Vandana Varma, and Rakesh Hinduja. Its first acquisition followed swiftly with the December 2020 purchase of Amit Akali’s creative shop, What’s Your Problem.
Since then, the group has steadily expanded its footprint. It acquired influencer marketing firm Opportune and performance marketing agency Neon in 2022. In 2023, it bought Salesforce consultancy and data analytics firm Cymetrix, alongside Poland-based WebTalk, marking its entry into Europe. It later added influencer marketing agency OPA and, last year, took a majority stake in BigStep Technologies, a generative AI and cloud-native software firm.
Madison, meanwhile, has long been a target for global advertising groups. Over the years, it has drawn interest from WPP, Publicis Groupe and Dentsu. In May 2025, Havas was reported to be the frontrunner, with an offer of about Rs 700 crore for a majority stake.
Earlier talks with WPP in 2015, when Madison was valued at roughly Rs 500 crore, collapsed over valuation and equity differences. Discussions with Publicis and Dentsu also failed to yield a deal.






