Affle India To Acquire Latin America-Based Jampp; Stock Strengthens Over 1%

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Jampp is a world platform began in Latin America within the yr 2013

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 yr 2013 and isĀ utilized by app entrepreneurs to drive repeat utilization with present customers and purchase new customers.Ā 

“Affle (India) Limited through its subsidiaries (Affle), today announced that it has approved 100 per cent acquisition of Jampp, a leading programmatic mobile marketing company,” the digital promoting agency Affle stated in a regulatory submitting to the inventory exchanges..

Meanwhile, Affle stated it should hike its stake in indigenous social keyboard supplier Bobble AI to 17.72 per cent.Ā 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 increased 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.



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