Tag: Radhakrishnan Nair

  • Sajan Raj Kurup ventures into publishing. Buys Rolling Stone India franchise-owner MW from Spenta

    By Our Staff

     

    Creative captain-turned-entrepreneur Sajan Raj Kurup and his Mumbai-based venture capital company Ventureland Asia Advisory Services have acquired the controlling stake in MW.com India Pvt Ltd, the publisher of magazines like Rolling Stone India and MW (Man’s World). MW.Com Pvt Ltd (MCPL) was till recently owned Spenta Multimedia Pvt Ltd.

     

    MCPL has published Rolling Stone India since 2008, the Indian edition of Rolling Stone, the world’s leading international music and pop culture title. MW, which is in its 21st year, is a men’s lifestyle magazine. According to a communique, Ventureland Asia plans to “use its strong presence in areas of marketing, brand building, visual communications, and new-age technology to chart an omnichannel digital-oriented growth strategy for Rolling Stone India and MW”.

     

    For Ventureland Asia, this comes on the 40% stake in Revenant Esports, the launch of Saintfarm, a organic and sustainable foods player. The fund has thus far invested in Media, E-commerce, Education, Healthcare, Agri-Tech and Esports – with technology innovations as the common investing theme.

     

    Said Kurup, Creator-Investor and Founder, Ventureland Asia, the investment arm of Creativeland Asia: “I have closely witnessed transformation in media consumption, media buying and media marketing. Rolling Stone India and Man’s World enjoy high levels of credibility and loyalty among its target audience. Piggybacking on that, we will bring in advanced tech interventions, Artificial Intelligence (AI) and Machine Learning (ML) to better understand the reader and transform the hardcopy publishing to an omnichannel digital-first magazine.”

     

    Added Radhakrishnan Nair, Publisher & Editor-in-Chief Rolling Stone India and MW : “Ventureland Asia’s acquisition of MCPL comes amidst the major churning that is happening on the Indian media landscape. Ventureland Asia founder Kurup’s investment expertise in digital technology and marketing acumen will be crucial as Rolling Stone India and MW work towards transforming into platform agnostic magazines, with a strong presence in the digital sphere and print.”

     

    Maneck Davar, Chairman & Publisher, Spenta Multimedia Pvt Ltd, who retains a minority stake in the company said, “MCPL needed a new orientation and direction which was more digital and experiential focused, and Creativeland Asia was a perfect fit. We are sure with the combined experience of the leadership the products will become stronger in their respective spaces.”

     

  • CNN-News18 announces 10th edition of ‘Indian of the Year’

    By A Correspondent

     

    After nine successful years of honouring individuals and organisations that embody the spirit of excellence, CNN-News18 is set to celebrate the iconic Indians who have made a significant contribution to our society with their achievements in 2015. CNN-News18 presents the 10th edition of its flagship initiative – ‘Indian of the Year’ (IOTY), which over the years has become one of the biggest and most credible awards in Indian media. The winners will be felicitated at a glittering ceremony to be held at Taj Palace, New Delhi on 9th June, 2016.

     

    Instituted in 2006, the CNN-News18 Indian of the Year has over the years achieved prestige and credibility unmatched by others in the media industry. The award distinguishes itself by celebrating not only exemplary individuals and their achievements but also the ideas that have inspired India and impacted lives.

     

    The awards adhere to a transparent and robust selection procedure that includes the Editorial Board drawing up a list of nominees, further leading to the final selection of winners by a Jury comprising a select group of distinguished personalities. This year’s jury panel includes Soli Sarabjee, Former Attorney General of India, Kiran Karnik, Former President of NASSCOM, Kunal Bahl, Co-Founder & CEO of Snapdeal, Harish Salve, Leading Lawyer and Former Solicitor General of India, Kiran Mazumdar-Shaw, Chairman & MD of Biocon, Deepak Parekh, Chairman of HDFC, Mohanlal V Nair, Noted Thespian and Leander Paes, Tennis Champion.

     

    The carefully selected categories for the awards are Sports, Entertainment, Business and Public Service. Other achievers are awarded under the categories of Special Achievement, Outstanding Achievement, Special Jury Award and Lifetime Achievement. One individual/organisation will be bestowed with the coveted ‘Indian of the Year’ Award for their indelible contribution to society. Over the years, the recipients of this prestigious award have included the likes of PM Narendra Modi, NGO Stop Acid Attacks, Vishwanathan Anand, AR Rahman, Team Chandrayan and E. Sreedharan.

     

    Commenting on the announcement of the Awards, Radhakrishnan Nair, Managing Editor, CNN-News18, said, “I take great pride in the fact that Indian of the Year has seen immense success and acceptance as an institute that has over the years established itself as an exemplary model for Indian media awards. The 10th edition of the awards marks a tremendous milestone for CNN-News18 and we look forward to a great show honouring the winners.”