Bangalore, June 27:
Digital media company ValueFirst has acquired 100 per cent stake in Bangalore-based mGinger in an all-cash deal.
The company in a release said that the acquisition will give ValueFirst another 4 million opted-in registered users in addition to the 50 million opted-in subscribers which it already has across its various other assets.
Commenting on the acquisition, Mr Vish Bajaj, Managing Director, ValueFirst, said: “ValueFirst has over 4,000 clients and plans to leverage mGinger to offer digital solutions to clients and media agencies.”
Keywords: Digital media, ValueFirst, stake acquisition, mGinger.com
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