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Buyout fund TIW picks up majority stake in Digital Refresh Networks

The company plans to utilize the proceeds from the investment to strengthen its expertise in content creation

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Ranju Sarkar New Delhi
Indian buyout firm TIW Private Equity has acquired a majority stake in Mumbai-based Digital Platform Management firm, Digital Refresh Networks Pvt Ltd. "The deal size is about $6 million, giving Digital Refresh bandwidth to strengthen its core services & for acquisitions”. 

Founded in 2011 by Ravi Dubey and Barin Mukherjee, Digital Refresh enables delivery of brand objectives on the web, mobile and social media through communication and commerce applications, audio-video elements and customized digital solutions. 

The company plans to use the proceeds from the investment to strengthen its expertise in content creation.

“Digital Refresh Networks has a highly capable team