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MoMagic fully acquires AdGyde from Spice Mobility

AdGyde provides real-time mobile app analytics and monitors analytical data about app installs and in-app user behaviour

Press Trust of India  |  New Delhi 

App distribution firm has fully acquired insight provider AdGyde Solutions, from its joint venture partner Spice Mobility, a top said Monday.

Electronics manufacturing giant and funded apps distribution firm MoMagic held 51 per cent stake in AdGyde while 49 per cent was owned by

"100 per cent stake acquisition in AdGyde is good fit for both MoMagic and We want to grow in big data analytics, and Spice (Mobility) is focussing on handset business," Momagic Technologies, Founder and told

Gupta declined to disclose financial details of the deal.

AdGyde provides real-time analytics and monitors analytical data about app installs and in-app user behaviour.

AdGyde, recently forayed in gaming industry with

"Currently our user base is 3 crore and 50 lakh monthly unique users. We are aiming to touch 10 crores total unique users by end of 2019," Gupta said.

MoMagic works with clients like Nazara Games, such as Dainik Bhaskar, and start-ups like Hubhopper, ShoppingPost, Coutloot, Credit Mantri, etc.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Mon, November 26 2018. 16:10 IST
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