Media Lounge acquires Origin Beanstalk

28 Apr,2014

By A Correspondent

 

The newly set up full-service media company, Media Lounge has announced the acquisition of Mumbai based creative consultancy Origin Beanstalk Creative Consultants. With this new merger, Origin Beanstalk becomes one of the key brands to join the rooster of Media Lounge, which is in process to acquiring other specialist agencies across various verticals in a span of three months.

 

Origin Beanstalk creative agency was set up 10 years ago by Shom Mazumdar and Upendra Singh Thakur. The agency currently has a 55 member team, which handles some high profile clients such as BASF, Edelweiss, RadioCity, Jupiter Hospital, Mid-day, Manchester United Café Bar and The United Sports Bar, China Gate Group of Restaurants, Rajesh Lifespaces, Sunteck Realty, VKL Seasoning, Ace Agro, Myitreturn.com, Princeware, Gulshan Polyols, Pepe India, Nannies Goat Milk, Welbound, Warmee, Four Points by Shereton, Swamp Soccer India, High Ground Entertainment, amongst others.

 

Commenting on the merger, Shom Mazumdar, Co-founder, Origin Beanstalk, said that, “We have organically grown from strength to strength in the last 10 years by creating a very strong foundation and investing in our processes, people and product offerings. We have created a profitable and sustainable environment for growth and have been literally growing with our clients, most of who have been working with us for more than seven years now. These strong relationships and learnings with our nimble-footedness have helped us grow even during slowdown.”

 

Commenting on the merger, Manajit Ghoshal, Co-founder at Media Lounge said, “I have closely interacted with Shom and Upendra in my former stint with a publication house and I quite liked their sound strategic approach, infectious energy and out-of-the-box thinking. While forming Media Lounge, I instantaneously thought about Origin Beanstalk and keenly approached them for the opportunity. With Media Lounge, the timing is right, the fit is right. And I see them play a key role in helping Media Lounge complete the full-services circle, thus making Media Lounge one of the most buzzing and sought after full service media group in this part of the world.”

 

Post a Comment 

Comments are closed.