In the first-ever acquisition of a start-up incubated at the Kochi Startup Village, Kreata Global Digital Media Services Pvt. Ltd, a Facebook-preferred marketing developer in apps category, has acquired Social Media marketing firm Flamingos Media Private Ltd for an undisclosed amount.
Kreata Global – a leading online and social media marketing company – with presence in India and the Middle East, offers a wide array of services including digital strategy, social media marketing, online advertising, E-commerce and search engine optimization.
Flamingos Media, a Social Media Marketing startup, incubated at the prestigious Kochi Startup Village offers social media, viral marketing, mobile app development, and Ecommerce services to various organisations.
Confirming that the acquisition is part of KreataGlobal’s expansion strategy in India and a step towards enhancing their skill sets in Ecommerce and Mobile Development, Deepan Parameswar, Executive Director said that the company has joined hands with Kochi Startup Village, thus paving the way for nurturing young talents in the home turf.
“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 for Kreata Global to become the first company to acquire a firm incubated at the Kochi Startup Village, which is being supported by the Kerala government and pioneers in IT like Mr. Kris Gopalakrishnan.” he said.
Flamingos co-founder and Chief Executive Officer Anup Mohan said that the acquisition will help them fly greater heights with the right feeding, support and mentorship.
“We are very much excited to say that Flamingos media is the first acquired company from Startup Village, the cradle from which we learned the basics of business. We would like to extend our special gratitude to all who supported us to achieve this great success in less than a year,” he said
Kreata Global, which offers services in India through its Kreata Digital, caters to an impressive client list that includes noted brands like Lulu Mall Kochi, Lulu Retail, South Indian Bank, Indus Motors, Green Peace India, and KDD Harvest. Flamingos Media’s key clients include Jos AlukkasJewellery, Jos Alukkas Properties, Pulimoottil Silks, and Jay Spices & Food Products. Launched in 2012, the company also develops various e-commerce marketing products.