1 year ago

Sandeep Goyal Eyes Dentsu's India Business

Sandeep Goyal Eyes Dentsu's India Business
Behind Sandeep Goyal’s pitch for Dentsu’s global business · thehindubusinessline.com

Imagine a company called Dentsu that does advertising.

There's a person named Sandeep Goyal who used to work with Dentsu in India.

Now, Dentsu is thinking about maybe selling part of its business in India.

Sandeep Goyal says he wants to buy it, especially if the price is right.

He's talking to banks to get the money.

Some people think it's a good idea because Goyal is focused on new technology like AI, which is becoming important in advertising.

Others wonder if it makes sense because Dentsu might lose its Japanese clients if it leaves India.

Dentsu says it's looking at different options, not necessarily selling everything.

Key facts

Key Figures
Sandeep Goyal, Rediffusion; Dentsu
Dentsu's Stake Sold
26% in 2011 for ₹260 crore
Rediffusion Chairman
Sandeep Goyal (acquired 2021)
Dentsu's Statement
Exploring 'strategic alternatives'
Potential Focus
India and Middle East business

Quotes

Sandeep Goyal

Chairman of ad agency Rediffusion

“We are equally happy to look at India and Middle East business if it is available at a very good price.”
thehindubusinessline.com
“It is a profitable business and we are now looking to scale it up.”
thehindubusinessline.com

B ‘Nary’ Naryanaswamy

Former data science consultant at Ipsos Research

“fantastic”
thehindubusinessline.com

Sources

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