News:

Melt Update | 13 July | Google to invest Rs 75,000 crore in India & MORE

Ritwika Gupta, July 13, 2020

Meanwhile, Qualcomm Ventures has become the latest investor in Reliance Jio Platforms, which has raised more than $15.7 billion in the past 12 weeks from many investors.

At Kyoorius, we’re dealing with the coronavirus situation with the seriousness it deserves.
Therefore, we’re doing what can be done remotely while keeping our followers informed on all that is happening in the world of media, advertising and marketing.
Consequently, till things improve, Melt in a Minute will change a bit.
The format will change from all video to a text-based post. A little more difficult to consume, but it’s the best we can think of under the circumstances.
All of you, stay safe.
And stay informed with posts like this one.

Today’s Top Headlines:

1. Google to invest Rs 75,000 crore in India

Speaking at the sixth edition of Google for India 2020, Sundar Pichai, CEO, Google and Alphabet, stated that the company will be investing Rs 75,000 crore into India through equity investments, partnerships and operations infrastructure investments. As reported by campaign India, investments will be focussed across these areas:

1: Enabling affordable access to information in their own language.
2: Building products and services that are deeply relevant to India’s unique needs.
3: Empowering business in their digital journey.
4: Leveraging tech and AI for social good in areas like health, education and agriculture.



2. Brahm Vasudeva, Former Chairman And MD, Hawkins Cooker, Passed Away

Brahm Vasudeva, former chairman and MD, Hawkins Cooker, passed away on 10 July 2020. He was also the founding member and chairman of MRUC (Media Research Users Council) in the year 1994. Brahm Vasudeva was the son of HD Vasudeva, the founder of Hawkins Cooker. He took over the reins from his father in 1984. After 38 years of his service at Hawkins, he retired in 2006. Under him, the MRUC launched its first ever Indian Readership Survey (IRS).  

3. Malvika Mehra, Chief Creative Officer of Dentsu India, Has Quit The Agency

Malvika Mehra, Chief Creative Officer (CCO) of Dentsu India, has decided to quit the agency. As per exchange4media, Mehra put in her papers a couple of months ago. She had joined Dentsu Aegis Network in April last year after running her own independent design venture, Tomorrow Creative Lab for two years. July will be Mehra’s last month at Dentsu India.

4. Qualcomm Ventures Invests In Reliance Jio

Qualcomm Ventures has become the latest investor in Reliance Jio Platforms, which has raised more than $15.7 billion in the past 12 weeks from many investors. According to TechCrunch, the company will invest $97 million in Reliance Jio Platforms to acquire a 0.15% equity stake “on a fully diluted basis” in the top Indian telecom operator. Qualcomm said it will help Jio Platforms “roll out advanced 5G infrastructure and services for Indian customers.”

5. L&K Saatchi & Saatchi India Appoints Chandani Samdaria As Senior Creative Director And Nikita Goswami As Creative Director

L&K Saatchi & Saatchi India has appointed Chandani Samdaria as senior creative director and Nikita Goswami as creative director. As noted by campaign India, the duo will report to Rohit Malkani, joint national creative director, L&K Saatchi & Saatchi. Samdaria joins the agency from Leo Burnett while Goswami was previously with Ogilvy.