Mumbai-based digital marketing corporation Monk Media Network, on Monday, introduced the purchase of SocialGIZ, a boutique social media and internet site improvement enterprise, for an undisclosed sum.
Monk Media has absorbed SocialGIZ’s entire crew of 10, as well as its offerings that pan social media, internet site improvement, and media making plans.
Started with the aid of Ameya Adhikari in 2015, socialize has built campaigns and internet site for customers throughout sectors. Post acquisition, Ameya will join Monk Media Network as a member of the board and maintain the designation of Vice President – Finance.
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 approaching 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 panning throughout the 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 is aiming for a valuation of $10 million in its subsequent round.
@, which became started as a social media service for eating places in New York two years ago by using Armand Poonawala, now provides cease-to-quit social media advertising solutions to startups and corporates in India too.
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