Brands
LeEco partners with netCORE for digital marketing initiatives
MUMBAI: netCORE today announced that it has entered into a strategic partnership with global internet and technology conglomerate LeEco, to provide performance marketing solutions for the “LeMall for All” day. The first such shopping extravaganza was held on Aug 9, 2016, that saw incredible user traction.
“LeMall for All” Day is a one-day shopping festival hosted on LeMall.com where users can avail exciting discounts on LeEco products such as Superphones, audiodevices, and other accessories. LeEco plans to make this a recurrent shopping carnival going-forward.
netCORE helped LeEco achieve its target of over 75,000 visitors on LeMall.com for the first “LeMall for All” day through effective email campaigns which resulted in a conversion rate of 0.7 per cent.
In the 1st flash sale, netCORE partnered with 50+ publishers to achieve 45,000 registrations & a return of 2.5 times on the amount spent. The learning from the 1st flash sales were carried in the subsequent flash sales which resulted in partnering with around 30 publishers achieving over 65,000 registrations and a return of 4.5 times.
Commenting on this association, LeEco India smart electronics business COO Atul Jain said, “I am really delighted with this strategic partnership with netCORE.We hope to take this partnership to a new level.”
Speaking about this achievement, Kalpit Jain, CEO of netCORE CEO Kalpit Jain said, “It gives us immense pleasure when a campaign delivers results beyond the client’s expectations.We will continue to delight LeEco with even better results for the upcoming campaigns.”
After successfully supporting the launch of Le 2 and Le Max2, netCORE will also work with LeEco to support the flash sales of its Super3 Series TVs.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
