Affle India will purchase Latin America-based cell advertising agency Jampp for an undisclosed quantity. Jampp is a programmatic cell promoting platform world platform that was began in Latin America (LATAM) within the 12 months 2013 and is utilized by app entrepreneurs to drive repeat utilization with present customers and purchase new customers.
“Affle (India) Limited via its subsidiaries (Affle), at present introduced that it has accredited 100 per cent acquisition of Jampp, a number one programmatic cell advertising firm,” the digital promoting agency Affle stated in a regulatory submitting to the inventory exchanges..
Meanwhile, Affle stated it is going to hike its stake in indigenous social keyboard supplier Bobble AI to 17.72 per cent. In August 2020, Affle had introduced an 8 per cent stake acquisition in Bobble AI for Rs 19.8 crore.
At 12:00 pm, Affle India shares have been buying and selling larger by 1.18 per cent at Rs 5,268.50 on the BSE, as in opposition to a 0.5 per cent rise within the benchmark index.