SVG Media Acquires NetworkPlay & SeventyNine From Gruner + Jahr

svg mediaDigital media network SVG Media has acquired mobile video technology platform SeventyNine and performance display platform NetworkPlay from Gurner+Jahr (a unit of Bertelsmann Group).
Post the acquisition, SVG Media has become the largest advertising technology company in India with over 8% market share of digital media and now reaches over 100 Million Internet users on mobile and PC.
SeventyNine and NetworkPlay will now work as independent brands along with SVG Media’s other market leading AdTech platform Tyroo, DGM and PrecisionMatch. SeventyNine’s previous co-founders Chirag Shah and Deven Dharamdasani will lead the business post acquisition.
Along with India, SVG media is serving business in over 7 other countries.

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