Executive Vice President & Chief Financial Officer, Weatherford Intl
Search every verified Anuj Dhruv interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2021 interview with ET NOW, Anuj Dhruv discussed the outlook for the digital advertising industry, stating that the COVID-19 pandemic had led to a "phenomenal acceleration" in consumer adoption of digital services. He said the company's business was seeing "massive tailwinds" and that he expected these tailwinds to continue for the next three to five years across emerging markets. Dhruv noted that the company had delivered over 100 crores of positive cash flow from operations in the prior financial year and described its financial fundamentals as "capital-efficient, cash flow positive, profitable growth." Dhruv also discussed the company's acquisition strategy, including its investment in JAM, which he said had a presence in Latin American and North American markets and had already reached a breakeven point. He described the company's investment in Bubble, a vernacular multi-language keyboard app, as "strategic" and "very important" for reaching consumers. Regarding data regulation, Dhruv stated that the company welcomes data privacy regulations, saying they "force everyone in the ecosystem to behave responsibly towards consumers." He added that he expects every country to have some form of data privacy regulations enforced on all platforms within the next five years.
“The writing has always been on the wall that digital is the future and the way COVID impact has led to greater consumer adoption, it's a phenomenal acceleration in consumer adoption of digital lifestyle services, with consumers transacting more frequently from their mobile devices and the average value of those transac...”
“Our business is seeing massive tailwinds and I think these tailwinds for growth will continue for the next three to five years across emerging markets, certainly in India.”
“Acquisitions are a part of our growth strategy. We have acquired JAM, which has a strong presence in Latin American markets as well as a niche presence in North American markets. The synergies will come from our integrated products and propositions to drive conversions for consumers across emerging markets on Android-f...”
“JAM has already reached a breakeven point, so any incremental growth from here should lead to greater profitability. Typically, when we acquire companies at break-even, within the first year we bring them to high single-digit profitability and by the second year to higher teens in profitability contributions.”
“We have invested in Bubble, a vernacular multi-language keyboard app that resides as the default keyboard on consumer devices. This is strategic because the keyboard shows up irrespective of which app is being used, and average users use their device over 100 times a day, making it a very important investment for reach...”
“We delivered over 100 crores of positive cash flow from operations in the last financial year and are constantly generating cash through our operations. We maintain financial fundamentals of capital-efficient, cash flow positive, profitable growth and will invest generated cash to further growth and increase shareholde...”
“Our industry is expected to grow at least 25 to 30 percent CAGR across emerging markets globally, and we hope to keep up with that pace of growth. The capital we raised will support us in that expansion.”
“In the next five years, every country and jurisdiction will have some form of data privacy regulations enforced on all platforms, whether Android or iOS. Apple as a company welcomes data regulation and privacy because it forces everyone in the ecosystem to behave responsibly towards consumers.”
“We are a B2B company working with businesses, operators, OEMs, publishers, and advertisers across industry verticals, processing data on their behalf in a trusted and compliant fashion across jurisdictions including Singapore, Europe, and the United States.”
“Consumers will not shift their focus from connected devices; in fact, consumption, transactions, and conversions on connected devices will only grow for the next five years. Consequently, advertisers have no choice but to allocate almost 50% of their budgets progressively towards digital.”
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