Sam Balsara is the founder, chairman and managing director of Madison World and Madison Communications.[1][2]
Early years
editBalsara was born in Balsar, now called Valsad, Gujarat. His father was a forest contractor, and due to his work the family later moved to Bangalore. He studied at Bishop Cotton Boy's School[3][4], Bangalore before graduating from St. Joseph College, Bangalore. He completed his MBA from Jamnalal Bajaj Institute of Management Studies in Mumbai in 1970. He worked as a marketing executive at Sarabhais and Cadbury. Later, he switched to advertising, working with Hindustan Thompson Associates (the current J Walter Thompson).[5]
Madison
editBalsara started the advertising agency Madison on 21 March 1988.[6]
Association
editBalsara was president of the Advertising Club Bombay (1989-1992), chairman of the Advertising Standards Council of India (2000-1), president of the Advertising Agencies Association of India (2002-4), chairman of Triple A (Advertising Agencies Association of India) Awards, member of the Board of Governors of the Advertising Standards Council of India.[7]
Awards and recognition
edit- Media Service Person of the Year 2004 at the Dainik Bhaskar Indian Marketing Awards 2004
- Ranked 5th most influential person in the Indian Advertising Industry by Brand Equity Ad Agency Reckoner 2005.
- Ranked 50 most powerful people in Indian Marketing, Advertising and Media Business by Pitch magazine
- Ranked 4th most powerful person in Indian advertising by Mid-Day in June 2004
- Kolkata Ad Club Hall of Fame
- AAAI Lifetime Achievement Award for 2009[8]
- Srijon Samman Award 2012 by Sangbad Pratidin
Family
editBalsara and his wife Homie have two daughters, Tanya and Lara.[9] Balsara's elder daughter Tanya is visually handicapped and runs a small computer institute and teaches similarly visually impaired people. Lara joined Balsara's business as director, business development, after completing a master's degree in marketing from Bristol University.[10] Lara is married to Kaizad Vajifdar, a pilot with Air India.[11]
References
edit- ^ Shah, Gouri (29 March 2013). "Madison is my life, I'll never exit the business: Sam Balsara". mint. Retrieved 17 November 2023.
- ^ "Q&A: Sam Balsara, Chairman and MD, Madison World". business standard. 21 January 2013. Retrieved 17 November 2023.
- ^ "Sam balsara".
- ^ "The Order of the Crest". Penguin Random House India. Retrieved 24 January 2025.
- ^ "Sam Balsara". House of Rose Professional. Retrieved 20 January 2025.
- ^ Amrita Nair Ghaswalla Mumbai (21 February 2015). "Print media ad spend expected to cross Rs. 16,000 cr this year". The Hindu. Retrieved 26 February 2015.
- Sucheta Dalal and Debashis Basu (13 April 2010). "A professional manager cannot match up to the owner manager's professionalism, gut-feel, intuitiveness, ability to assess risk". Money Life. Retrieved 26 February 2015. - ^ "Sam Balsara". Bloomberg. Retrieved 26 February 2015.
- ^ "Sam Balsara receives AAAI Lifetime Achievement Award 2009". India Infoline. 26 November 2009. Retrieved 18 August 2019.
- "FROM DAD, WITH LOVE – SAM BALSARA AND LARA BALSARA". Verve. 6 October 2014. Retrieved 26 February 2015. - ^ Marina Correa (26 December 2009). "Adding on the charm in Sam Balsara's Madison World". DNA India. Retrieved 26 February 2015.
- ^ Pritha Mitra Dasguptaurl (24 November 2017). "Quiet Flier". Outlook Business. Retrieved 18 August 2019.
- ^ Pritha Mitra Dasguptaurl (20 November 2014). "Sam Balsara to daughter Lara: Embrace motherhood at the earliest". The Economic Times. Retrieved 26 February 2015.