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PosterGully acquired by ABEC promoters

PosterGully acquired by ABEC promotersNew Delhi, Aug 18 (IANS) Sumit Gandhi and Manish Gandhi, promoters of Asian Business Exhibitions and Conferences (ABEC), on Thursday announced the acquisition of Delhi-based managed marketplace PosterGully in their individual capacity, a stakeholders' statement said here.

The size of the transaction has not been disclosed.

"With this acquisition, we are committed to a digital first approach across all our businesses," Manish Gandhi said announcing the acquisition.

 

Founded by Bharat Sethi, PosterGully enables artists and designers to seamlessly contribute and merchandise designs in a variety of products, such as home decor, furnishings, apparels and technology accessories to consumers globally.

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