Dentsu India onboards new Managing Partner as company seeks to develop its media portfolio

Key Signals in Media & Entertainment

Paysend partners with Tencent for Money Transfers through Weixin
Under the partnership, Paysend will enable users to send money across borders through licensed banks in China, with the funds reaching bank accounts linked to the Weixin app. Read More>>
Celcom drives digital productivity for businesses with Google Workspace 
Google’s productivity and collaboration platform will empower organizations of all sizes in Malaysia in a new hybrid future of work. Telco’s collaboration with Google will further expand its reach to Malaysian organizations in driving digital transformations for their businesses. Read More>>
NetEase and Sanya Municipal Government partner to build a Metaverse industrial base 
The base will be built into an international digital cultural center integrating internet technology development, digital content production, digital copyright operations, and digital product output. Read More>>
Mergers and Acquisition 
Flutter buys Italian Gambling Operator Sisal for USD 2.2 Bn
This takeover marks yet another merger in the rapidly consolidating gambling industry, sparked by the U.S. Supreme Court’s liberalization of gambling laws, which has spurred competition. Sisal is a major Italian operator with online casinos in Italy and Spain, as well as an interest in the lotteries of Italy, Morocco, and Turkey. Read More>>
Clarivate acquires Patient Connect
The company announced that it had acquired Patient Connect, a provider of patient engagement solutions that enable the measurement of clinical and commercial outcomes and inform the advancement of healthcare. Patient Connect has a global reach of 834,000 physicians, 600,000 pharmacists, and 1,000,000,000 patients by point of contact. Read More>>
Executive Movement
Rank Group appoints new Chief Financial Officer 
Rank Group has appointed Richard Harris as its next group CFO and board director. Harris joins Rank from Foxtons Group, where he has held the role of CFO since June 2019. Harris will begin his new role in May 2022, with the director of group finance, Simon Hay taking on the role on an interim basis from 1 January. Read More>>
Dentsu India appoints a new Managing partner for trading and media
In his new role, Ramsai Suriyanarayanan will lead media investments for Reckitt and play an integral role in developing Dentsu Media’s investment model and portfolio. Suriyanarayanan has over 25 years of experience, with almost 14 years at senior positions across Procurement, Sales, and Marketing functions in the media industry. Read More>>
Mass Hiring
Amazon to add more than 2,000 new jobs to expand in Austin
The e-commerce giant plans to add more than 2,000 corporate and tech jobs, including financial analysts, senior data engineers, senior technical program managers, and user experience designers, at its Austin tech hub. Amazon has been adding employees to its workforce over the past few years. Read More>>

Latest Industry Insights from Draup Braindesk



Key Funding Alert

Tencent-Invested firm Enflame Technology launches a new company with USD 15.7 Mn  
Shanghai-based AI cloud computing startup Enflame Technology recently established a new subsidiary in Chengdu with a registered capital of USD 15.7 Mn. Tencent holds 20.47% of shares of Enflame Technology. Enflame Technology has obtained 52 patents, including 45 invention patents, and nearly 30 patents are in the process of application. Read More>>

Startup Spotlight

Company – Invisible AI
Total Funding – USD 6.6 Mn
About: Invisible AI offers a no-code, edge-based computer vision platform which tracks body movement to improve manual assembly processes in manufacturing facilities. Its low-bandwidth and low-cost cameras can be deployed at each workstation to enable complete visibility into assembly processes and track body posture and movement to automatically monitor assembly processes. Read More>>

Latest Reports Published in Draup

Facebook Account Intelligence Report: Facebook is keen on providing networking and broadcasting solutions by leveraging digital technologies like Artificial Intelligence, Big Data, Cloud, Machine Learning, and Data Analytics. Read More>>
Videotron Account Intelligence Report: Videotron focuses on providing an expanded range of Internet of Things solutions to help cities, municipalities, government organizations, and businesses across Québec. Read More>>

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