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IBroad7 restructures under entity Reach India, with focus on audio, digital and local
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IANS | 26 May, 2023
iBroad7, the country's largest agency in the audio market with proven
capabilities across multiple media including print, outdoor, and
television, is now expanding and scaling up rapidly with focus on the
new economy, along with a sharp focus on localisation of campaigns and
content.
The company is expanding, both vertically and
horizontally, under a new umbrella entity - Reach India - in a sharply
engaged hub-and-spoke model, with widened national and international
operations and new lines of businesses.
This restructuring has
been done keeping in mind the emerging landscape in the media, brand
communication and content space. This includes programmatic audio,
branded podcasts, digital media, and tech-enabled real time media buying
and planning.
"Over the last few years we have seen many brands
and organisations, some of which we have had the privilege to serve and
many which we would love to serve, grow manifold. We would like to be a
part of this journey, chronicling their march, telling their stories,
and amplifying and localising their conversations through audio,
digital, content, and other formats in any language, anywhere in India,"
said Rohit Upadhyay, Managing Director of Reach India.
Mr
Upadhyay founded iBroad7 in 2010 and since shepherded it into India's
biggest in the audio space. It has created and serviced 1800+ brands,
across geographies, industries, sectors, products and services through 2
million+ campaigns and 4 million+ creatives.
iBroad7 will remain
the anchor entity for steering the group's flagship radio operations.
It currently serves several marque brands across a wide range of
industries and segments including start-ups, e-commerce, real estate,
government, automobile, food, spirits and beverages, hospitality, travel
and tourism, electronics, pharmaceuticals, ed-tech, and BFSI among
others.
The brand portfolio includes Honda Motorcycles and
Scooters India (HMSI), Zomato, Spicejet, Cars24, SBI, L&T Realty,
Godrej group, Goodyear, HDFC Ergo, Foodpanda, Cure.Fit, MI, Zoomcar,
Dunzo, Patanjali, and Eazydiner among a host of other storied MNC and
Indian brands.
iBroad7 is expanding internationally as well. It
has recently set up its office in Dubai to service the Middle-east and
North Africa Region (MENA). "There are plans to expand to Singapore,
soon," Mr Upadhyay said.
The new businesses include Audiostream,
to serve as a single roof solution for programmatically buying digital
audio at scale. Audiostream allows brands to reach across multiple music
streaming and podcast publishers to optimally reach their target
audience at the click of a button. It enables non-skippable audio spots
with a very high listen through ratio (LTR) of 90-95 per cent, complete
transparency in KPI measurement. Brands can reach out to listeners via:
Age, Gender, Location, Language, Genre.
Audiostream enables video advertisement on Spotify, Wynk, Hungama and Saavn.
A
new business - The Buying Hub - has also been set up as a one-stop shop
for real-time media buying and planning on a single platform that
enables brands to localise their campaigns. Brands will be able to log
on to the specially created platform that contains all information about
inventories and rates across media-from radio, print, television, OOH,
OTTs, and much more.
Another arm, Digisutra, is a future-ready
digital marketing, social media, and branding & communications
solutions agency. Digisutra's range of offering includes digital media,
digital media buying & PPC, influencer marketing, integrated
creative development, content creation, website development and
management, social media strategy and development, SEO, CRO &SEM strategy & implementation, OTT & connected TVs, and much more.
It
has also branched into the creator economy with Earshot Audio, India's
only PaaS (Podcast as a Service) company, offering a complete suite of
services that includes production, publishing and promotion of branded
podcast IPs for brands and organisations.
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