Lycos Acquires TriTelA, Sandeep Amar New CEO Of India.com

Indian digital news - Sandeep Amar has been promoted as Chief Executive Officer, Lycos has acquired Austria-based TriTelA which owns mysms messenger and tech platforms

Sandeep Amar is the New CEO of India.com: Sandeep Amar has been promoted as Chief Executive Officer at India.com web portal Private Limited – a Zee Entertainment and Penske Mediacorp JV. Prior to this he was Chief Operating Officer of the portal.

Geometry Global-Encompass Network launches new study R|Scape: The study is relevant in the backdrop of the evolving rural consumer whose behaviour has been changing dramatically in the last few years thus underlying the need for him to be better understood by the marketer, media planner and the advertiser.

McCann Health bags Health Care At Home: McCann Health has won the creative mandate for Health Care At Home following a multi-agency pitch. The agency’s Delhi office will handle the brand. As part of the win, all the creatives to be rolled out across TV, print, outdoor and digital would be conceptualised by McCann Health.

Tango Media launches StarStar: Tango Media, a wholly-owned subsidiary of Mogae Media, (a provider of integrated mobile marketing services), has launched an innovative technology solution called StarStar, in order to establish a better and quicker connect between the brands and their target audiences.

Suraj Nambiar joins as GM, Maxus Digital: GroupM’s Maxus has further strengthened its top management by appointing Suraj Nambiar as General Manager, Maxus Digital, South. Nambiar will play a dual role of leading the digital business for South and improving the product for all non-paid digital media services (creative, social, native, and influencer).

Lycos acquires TriTelA & its messenger mysms in an all stock deal: Digital marketing company Lycos has acquired Austria-based TriTelA which owns mysms messenger and the tech platforms SPG Wien and Kika Social. The acquisition is an all stock deal for which Lycos will issue 2.848 crore additional shares in return for 100% ownership.

NDTV’s digital biz still accounts for 20% of total revenues in Q3 FY16: NDTV’s ecommerce business has reported revenues of Rs 4 crore for the quarter ended December 31, 2015 (Q3 FY16). The segment had posted revenues of Rs 6 crore in the same period last year, showing a degrowth of 33.33% year-on-year. On a sequential basis, ecommerce revenues were flat from Rs 4 crore. The ecommerce segment reported a loss of Rs 10 crore in the quarter against a loss of Rs 7 crore in the same period last year. Losses for the segment stood at Rs 13 crore in the preceding quarter.