MAM
WPP strengthens digital foothold with acquisition of Predictys
MUMBAI: Wunderman owned data-driven, insight-based customer engagement provider KBM Group, will be acquiring Predictys, a marketing company specialising in digital data and campaign technology. KBM Group‘s parent company, Wunderman, is part of the Young & Rubicam Group and a member of WPP. The move comes as a step towards strengthening WPP‘s position in the digital marketing space.
Based in France, Predictys was founded in 2007 and has rapidly growing data resources owing to an influx of digital information from other countries. Predictys will not only strengthen KBM Group‘s value to clients in France; the acquisition also strategically fuels KBM Group‘s growth throughout Europe, the US and Latin America.
Predictys‘ database powers its digital automated marketing services for customer acquisition via proprietary automated systems for managing and optimizing email marketing campaigns. The company‘s scalable email campaign technology, offered directly to clients or to e-marketing agencies, provides additional opportunities for KBM Group to build its marketing offerings.
Working closely with its parent company Wunderman, KBM Group acts as the data engine, helping to connect ‘always-on‘ customers with global brands. On a broader agency network level, the value of data and customer intelligence extends as well to WPP, the global advertising and marketing services group, of which they are a part.
KBM Group CEO Gary S Laben said, “The oceans of data generated by always-connected consumers of all ages present both a challenge and an opportunity for global marketers. As companies accelerate their marketing around the world, they need to be able to find and reach consumers on their personal devices efficiently and with informed strategies based on the best possible representations of who their most receptive and profitable customers might be. By adding Predictys‘ data resources to our own, we can better offer our global clients a way to harness data to forge customer engagements that are successful and meaningful. Marketing that is customer intelligent delights consumers and so enables companies to stay competitive.”
Predictys‘ cooperative database includes information from 140 million opted-in consumers from among more than 25 co-op partners. The database powers Predictys‘ automated campaign software serving agencies and clients, including Snapfish, Galeries Lafayette and Swiss Life.
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.
