MAM
Joyalukkas’ ad spend to cross Rs 500 million this fiscal
BANGALORE: Jewellery brand Joyalukkas‘ will be spending over Rs 500 million towards advertisements across major mediums like television, print, outdoor and radio this fiscal, revealed an industry source.
Giving the breakup of the spends, the source said that the brand has already spent around Rs 200 million towards TVCs in the four southern states. Spends until January on other mediums include about Rs 50 million towards radio, about Rs 90-100 million towards outdoor and about Rs 150-160 million towards print
“With two more months left for this fiscal, and with Valentine’s Day around the corner, the ad spend figure is sure to cross Rs 500 million,” the source said.
In India, Joyalukkas‘ has eight stores in Kerala, nine in Tamil Nadu, two in Andhra and one in Karnataka.
Joyalukkas‘ has been beaming event based ads on television as well as radio. Some of its outdoor communication and print ads have also been event based.
The brand has been advertising on the Sun TV in Tamil Nadu where its ad spends are in the range Rs 20 million. It has also advertised on KTV, Sun Music Kalaignar TV and Isai Aruvi TV.
In Kerala, it has beamed TVCs on Asianet, Kairali, Surya and Kiran. In Andhra Pradesh, it was the anchor sponsor for a soap ‘Lady Boss’ on Maa TV and has taken spots on Gemini TV. In Karnataka where it has a single flagship store on M G Road, Joyalukkas‘ ads have been appearing on Udaya TV, Udaya Movies, U2 and Suvarna TV.
Forevermark, the diamond brand from the De Beers group of companies, announced a partnership with Joyalukkas‘ in Bangalore.
Creative duties for the brand are handled by Dubai-based Sutra Communications while media buying is handled by Kerala-based Valappila Communications.
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.
