Campaign India Team
Apr 13, 2023

Lodestar retains PhonePe's integrated media duties

No multi-agency pitch was involved

Lodestar retains PhonePe's integrated media duties
Lodestar has retained its integrated media duties for PhonePe. 
 
As per the mandate, the agency aims to develop campaigns and reach out to new target audiences. 
 
The agency has been handling the brand for three consecutive years. For this year, no multi-agency pitch was conducted and the account will be held by Lodestar’s Bengaluru office.
 
Ramesh Srinivasan, director and head - brand marketing, PhonePe, said, “Over the last two years, Lodestar has been a great media partner for us, and it gives us immense pleasure to continue our partnership. We aim to leverage the IPG group’s expertise to further our growth ambitions on the marketing side as we expand our footprint from payments and financial services to shopping and wealth management as well. Looking forward to a successful partnership for both organizations this coming year."
 
Hema Malik, chief investment officer, Mediabrands India, said, “We appreciate PhonePe’s continued trust in us as their business partners and are committed to providing innovative media partnerships that will help them achieve their business goals. We look forward to continuing our successful collaboration with PhonePe and contributing to their growth and success in the fintech industry."
 
Aditi Mishra, CEO, Lodestar UM, said, "We are thrilled to continue our association with PhonePe and support their growth trajectory. Our team is committed to delivering innovative and effective media campaigns that will help PhonePe consolidate its position as a leader in the fintech space. We look forward to driving the brand's success and achieving our shared goals together."
 

 

Source:
Campaign India

Related Articles

Just Published

6 hours ago

Hindustan Unilever announces leadership changes, ...

The changes come as HUL reported a 6% decline in standalone net profit for the fiscal fourth quarter.

7 hours ago

Data-driven insights essential for navigating ...

A new white paper on a cookie-less world proposes leveraging first-party data, contextual advertising, and localised marketing strategies for companies to stay afloat.

7 hours ago

Breaking down the latest developments from ...

Patanjali Ayurved continues to faces rigorous scrutiny from the Supreme Court over misleading advertisements, with the case underscoring the vital need for strict regulatory oversight in health-related advertising in India.

9 hours ago

IPG reports 12% fall in net profit for Q1 but ...

Group is forecasting 1-2% organic growth over course of 2024.