Staff Reporters
Mar 7, 2022

ADK acquires India-based Rage Communications

The deal will give the Japanese network access to clients in India and Australia.

ADK acquires India-based Rage Communications

Tokyo-headquartered network ADK has acquired a majority stake in Rage Communications, an India-based independent agency that specialises in digital experience design and ecommerce.

The deal will combine both firms' capabilities in digital marketing, web design and development, analytics, data-driven insights and content.

Headquartered in Chennai, Rage is a digital agency that offers solutions across CX, CRM, UI/UX and performance marketing. Through its offices in India, Australia (Sydney) and Singapore, Rage provides services to the likes of AMP, Citibank, JLL and Mastercard. Rage has 195 people across these offices.  

Rage will be rebranded as ADK Rage. Co-founder JRK Rao will continue as chief executive officer. Rao and co-founder Karthik Kumar remain as minority shareholders. Financial terms were not disclosed. 

The acquisition follows ADK's October launch of its Integrated Performance Platform (IPP) for brands and agencies. IPP is designed to help advertisers centralise control of campaigns across multiple ad platforms at once.

"This partnership marks our milestone entry into the India and Australia markets—two of the fastest-growing digital markets in the APAC region,” said Yasuyuki Katagi, chief executive officer of ADK Global Operations. “With Rage, we will immediately gain traction at a brand-consultancy level, providing a strong starting point for the further growth in these key markets." 

Source:
Campaign Asia

Related Articles

Just Published

8 hours ago

Will axing fact-checkers on Meta shift media spend ...

Facebook chief Mark Zuckerberg’s decision to move to a community-based moderation system leaves marketers questioning whether they can, or should, trust Meta.

10 hours ago

Ex-OMD USA media chief joins Publicis to lead ...

Suhaila Hobba is appointed as Publicis Groupe’s APAC global client partner – Transformation, where she will drive AI-led strategies to accelerate growth in the region.

17 hours ago

Are marketers spending less on social media?

Studies suggest that marketers are increasingly diversifying their media investment away from social. Campaign explores changing media spend and how marketers can innovate with social media to drive ROI.

17 hours ago

40 Under 40 2024: Ryota Haraguchi, TBWA Hakuhodo

A mega-successful McDonald’s recruitment campaign may have launched Haraguchi to the stratosphere, but his everyday work and leadership philosophy remains firmly planted to the ground.