Tyroo, a SVG company has acquired DGM India, a subsidiary of ADH Plc, along with DGM India’s Managing Director Anurag Gupta.
Post acquisition, both companies will continue to run separately. Anurag Gupta will be the MD of DGM and Tyroo Direct will continue to be headed by Siddharth Puri.
DGM India was formed in the year 2007 and was a subsidiary of ADH Plc, a London Stock Exchange listed company. The company provides online marketing services through the mediums of performance based marketing, service engine positioning, optimization and marketing services, including the provision of competitive intelligence gathering services.
UTI Ventures Funds Management Company Private Limited, the private equity investment subsidiary of UTI Asset Management Co Pvt Ltd, has sold its stake in Ascent Capital Pvt Ltd to the management of the firm, which is headed by Raja Kumar.