Tuesday, April 18, 2017

Dentsu Aegis Network acquired Gurgaon based SVG Media

London-headquartered media agency Dentsu Aegis Network has acquired Gurgaon-based SVG Media Pvt. Ltd for an undisclosed amount. SVG Media has various services like mobile and digital advertising, in-app video platform and data targeting through its units—Tyroo, DGM, Seventynine and Komli.

Also read: Lingerie startup Clovia raised $4 million funding

SVG Media employs around 280 professionals in four cities Gurgaon, Mumbai, Chennai and Bangalore.

As part of the deal, Dentsu will acquire DGM, Seventynine and Komli brands, while Smile Group will retain Tyroo. SVG Media will become part of Dentsu’s Asia Pacific digital marketing agency Columbus, and will be renamed as SVG Columbus.



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