LS Digital announces key developments and
future growth plans With Private Equity and Inorganic Expansion To Serve The
Global Markets
Key Highlights:
·
Logicserve Digital is
now LS Digital with renewed vision to make an impact at a global level.
·
Raises private equity
funding from Florintree Advisors Pvt Ltd.
· Merges Langoor Digital to its suite of digital marketing transformation services.
Mumbai, 1st August 2022: Logicserve Digital, India’s largest independent
integrated digital marketing and transformation company unveiled “LS
Digital”— its brand-new avatar to its customers and stakeholders. The
company has retained the shape and fluidity of the logo while changing the name
from Logicserve Digital to LS Digital.
This transformation into a dynamic entity with a
renewed vision, “to help brands enable and accelerate their digital
marketing transformation to stay relevant to their ever-changing,
digitally-enabled consumers”, will be building upon its existing media
capabilities and help better serve the Indian market while setting the stage to
becoming a leader in the global digital marketing landscape. Currently LS
Digital is serving its clients in India and MEA markets.
The ever-evolving field of digital marketing has
become a critical differentiating factor for service providers to enable brands
and accelerate their journeys with well-established roadmaps. “We firmly
believe that the best-of-breed, founder-driven companies with huge expertise,
potential, and desire to change the Digital Marketing Transformation landscape
need to come under one platform. We will call this platform “LS Digital”.
It retains the legacy of our brand with 2 letters (L and S) at the same time
provides digital as a core proposition to our customers through merged entities
across six areas: Media, Creative & Communication, CX, Data & Insights,
Tools – Adtech & Martech and Tech Innovations”, explained Prasad
Shejale, Founder & CEO, LS Digital.
The rebranding of Logicserve Digital to LS Digital has
been synced with two major developments:
Ø
Private equity through Florintree Advisors
LS Digital has also raised private equity from
Florintree Advisors, an alternative asset management firm known for funding
startups such as ideaForge, Pharmeasy Wealthdesk, Freight Tiger, and FreshMenu.
The funds will be utilized to build existing capabilities while also
considering the inorganic route for growth.
“LS Digital and Florintree shared the desire to build
a leading global company out of India. This is a very exciting space, so our
focus is to invest in existing capabilities and even acquiring niche companies.
It is a multi-stage deal with the commitment to infuse more funds as we move
forward,” said Mathew Cyriac, Chairman, Florintree
Advisors.
Ø
Addition of Langoor Digital to LS Digital’s suite of Digital
Marketing offerings
In keeping with its new vision to expand its global
footprint, as a first step, LS Digital has onboarded digital-first creative
agency Langoor to strengthen its
service offerings for CX, digital design, and Web 3.0. Langoor adds another
layer to LS Digital’s service offerings, allowing it to leverage its expertise
in providing a better customer experience.
“LS Digital and Langoor share a very similar corporate
vision to become an Indian global company. Coming together will enable us to
achieve success on a much larger scale. Our core focus is on Digital Business growth
for brands, through Media, Creative, Data & Insights, and Technology while Langoor will focus majorly on the customer
experience enabling growth for our clients. Together, we will create
transformative experiences for customers.” said Prasad
Shejale, Founder & CEO, LS
Digital.
Langoor is a digital transformation agency that operates at the
intersection of technology, creativity, and data. They take care of a brand's
360-degree digital mandate with services that include transformation
consulting, marketing automation, Web 3.0 technology & creativity, web/app
design & development, communications & interactive design, e-commerce
build, SEO, and social media marketing.
“Digital marketing is in a constant state of change
and innovation. Langoor’s DNA is about working out-of-the-box to deliver positive
business outcomes. We are delighted to join LS Digital and look forward to
scale new heights.” said Venugopal
Ganganna, CEO, Langoor and Girisha Gowda, Co-founder and COO, Langoor.
Langoor merging with LS Digital adds very strong
service offerings under CX. Their path-breaking projects in the metaverse have
enabled some of the big global brands to test waters in the metastore and Web 3.0,
grabbing the first-mover advantage in their respective industries.
About LS Digital:
LS Digital (formerly
Logicserve Digital) is a new-age digital marketing Transformation company that
offers the most comprehensive suite of digital marketing services across six
core areas: Media, Creative & Communication, CX, Data & Insights, Tools
and Tech Innovations.
The company has over a decade
of experience working on various platforms like search, social, programmatic
and mobile; delivering high-quality brand and performance marketing campaigns. Its
award-winning creative team proactively enables brands to surpass its goals
around brand equity, customer-centricity and topline revenue.
No comments:
Post a Comment