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Financial markets research company CapitalVia Global Research has acquired Bangalore-based digital solution company Valueleaf for an undisclosed amount.
The acquisition complements CapitalVia's offline marketing and sales channels, and would help it tap into newer and faster growing avenues.
"With this acquisition, CapitalVia is poised to double its revenues and treble its outreach by the end of current fiscal," a company release said today.
Commenting on the acquisition, CapitalVia Global Research Founder and CEO Rohit Gadia said, "The Valueleaf acquisition provides us with a comprehensive marketing and sales strategy, which we believe would accelerate growth for us.
"Their unique online marketing solutions, complements our already robust offline strategy to provide newer and faster customer acquisition channels efficiently."
Pursuant to the acquisition, Valueleaf will be called "Valueleaf - A CapitalVia Enterprise".
"CapitalVia has a strong network across India. ValueLeaf will benefit from it and effectively service its clients," Valueleaf CEO Satish Saraf said.
