Bengaluru-based V Square Media acquired by Tribes Group
Tribes Group, an independent full-service media and advertising group, has acquired Bengaluru-based V Square Media, a branding, media, and marketing agency, and created a new entity – praNetR Tribes.
This acquisition brings together the complementary strengths and expertise of both companies, paving the way for a new era of innovation and growth. By harnessing their collective strengths, praNetr Tribes aims to deliver unparalleled content, services, and experiences to audiences worldwide.
This strategic acquisition will fuel the development of groundbreaking initiatives, leveraging cutting-edge technology and creative storytelling to engage audiences across multiple platforms. With an unwavering commitment to quality content, insightful narratives, and captivating entertainment, the new entity will redefine the media landscape. The acquisition is expected to unlock synergies, drive operational efficiencies, and create a solid foundation for sustained success. By integrating talent, resources, and distribution networks, the combined entity will be better positioned to meet the evolving needs and preferences of audiences, advertisers, and partners.
Recognising the fragmented nature of the ad production industry, praNetR Tribes presents an integrated platform for specialists and technicians to collaborate and work efficiently on projects in conjunction with brands and talent. The leadership teams of both organizations will work collaboratively to ensure a seamless integration and maximize the potential of the acquisition.
On the launch of praNetR Tribes, Gour Gupta, Chairman of Tribes Communication, shares his thoughts, saying, “Together, we will leverage our collective strengths to deliver innovative and compelling content that resonates with audiences globally. This acquisition is a testament to our shared commitment to excellence and our vision for the future of media.”
Lokesh Kumar, CEO of praNetR, comments on the new venture, “This acquisition is a transformative step that will elevate our collective impact on the media industry. By combining forces, we will unlock new opportunities, accelerate growth, and provide our audiences with unparalleled content experiences. We look forward to the exciting possibilities that lie ahead.”
Headquartered in Bengaluru, praNetR Tribes operates across markets in India and abroad through the extensive Tribes Communications network.