Acquisitions12 Sept 2025, 08:32 am
Lucent Industries' Acquisition Target, Mobavenue Media, Named 'Champion of Scale' at Aerospike APJ Summit 2025
AI Summary
Lucent Industries Ltd. is pleased to announce that Mobavenue Media Private Limited, the company with whom a Share Purchase Agreement was executed on 3rd September 2025, has been recognized as one of the 11 winners of the ‘Champions of Scale Awards’ at the Aerospike APJ Summit held in Bangalore. Mobavenue was selected from a pool of over 50 nominees, standing alongside prominent technology leaders such as Flipkart, InMobi, PhonePe and others. This prestigious recognition underscores Mobavenue’s capability to drive innovation and deliver impact at scale, further validating its strategic growth potential.
Key Highlights
- Lucent Industries Ltd. acquired 100% equity shares of Mobavenue Media Private Limited
- Mobavenue Media Private Limited won the ‘Champions of Scale Awards’ at Aerospike APJ Summit 2025
- Mobavenue was selected from a pool of over 50 nominees
- Recognition highlights Mobavenue’s capability to drive innovation and deliver impact at scale
- Award further validates Mobavenue’s strategic growth potential