OUR TAKE ON THINGS
Social Media Marketing - December 11th, 2013
This is the first acquisition of a company from the Startup Village, Kochi
Kreata Global Digital Media Services Pvt. Ltd.,a Facebook Preferred Marketing Developer,has acquired Flamingos Media Pvt. Ltd., a promising venture based out of the Startup Village, Kochi. Flamingos Media also holds the distinction of being the first venture supported by Startup Village to be acquired. As of now, the financial details of the transaction remain undisclosed.
Kreata Global, a prominent online and social media marketing company, with presence in India and the Middle East offers its expertise in Digital Strategy, Social Media Marketing, Online Advertising, Ecommerce and Search Engine Optimization. In India, the company has offices in Kochi and Bangalore. Startup Village is the country’s first business incubator funded jointly by the public and private sector.As of October 2013, it houses nearly 450 startups.
Deepan Parameswar, Executive Director of Kreata Global feels the acquisition is a boost to the company’s expansion plans in India. He said, “The acquisition is part of our expansion strategy in India and a step towards expanding our skill sets. The Flamingos team has proved that young entrepreneurs from Kerala have what it takes to deliver quality services that meet international standards. It is also a great privilege to become the first company to make an acquisition from Startup Village, Kochi supported by the Kerala government and IT pioneers like Kris Gopalakrishnan.”
Kreata Global services its Indian clients through its Indian arm - Krea Digital, operating out of Bangalore and Kochi. Currently, it caters to an impressive client list that includes major brands like Lulu Mall Kochi, Lulu Retail, South Indian Bank, Indus Motors, Green Peace India, and KDD Harvest. The company is backed by a team of around 60 members including strategists, community managers, content writers, designers, programmers, SEO experts and game developers. With this acquisition, Kreata Global has joined hands with Startup Village and paved the way towards nurturing promising talents from the local sector.
Flamingos Media founded in November 2012 by Anup Mohan (CEO) along with five other partners, offers mobile app development, social media, viral marketing, and mobile services to various enterprises. Its key clients include Jos Alukkas Jewellery, Jos Alukkas Properties, Pulimoottil Silks, and Jay Spices & Food Products etc. It is also involved in the development of various e-commerce marketing products.