On Monday, Mumbai-based digital marketing corporation Monk Media Network introduced the purchase of SocialGIZ, a boutique social media and website improvement enterprise, for an undisclosed sum.
Monk Media has absorbed SocialGIZ’s entire crew of 10 and its offerings that span social media, website improvement, and media-making plans.
Started with the aid of Ameya Adhikari in 2015, Socialize has built campaigns and websites for customers throughout various sectors. Post-acquisition, Ameya will join Monk Media Network as a member of the board and maintain the Vice President – Finance designation.
Speaking at the declaration, Ashish Patkar, Founder & CEO of Monk Media Network, said,
“The group at SocialGIZ has been performing some first-rate work. Ameya’s approach board is a big plus as every startup needs strong monetary systems to scale.”
“I am, without a doubt, excited to be a part of Monk Media Network and their team. We are looking ahead to an exquisite destiny and wish to do a little kick-ass painting for all of our customers.
Founded in 2016, Monk Media Network gives a bouquet of offerings spanning content introduction, media method, deep analytics, and social media video production.
Recently, another Mumbai-based social media marketing startup @ (said ‘AT’) secured $330,000 via a consortium of marquee angel buyers, consisting of Anupam Mittal (Founder of shaadi.Com, makaan.Com & Mauj Mobile), Dharti Desai (Founder and CEO of Finewinesandmore.Com), and existing investor Hardik Zaveri (Founder and Director, 8finity Global). The funding valued the agency at $1.25 million. It is now in talks with a few undertaking capital corporations and aims for a valuation of $10 million in its subsequent round.
Two years ago, @, which started as a social media service for eating places in New York by using Armand Poonawala, now provides cease-to-quit social media advertising solutions to startups and corporates in India.
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