Mygate, Eternal-backed digital ads firm Adonmo to merge, create Rs 3,500 crore entity
According to people in the know, the combined entity will be valued at around Rs 3,500 crore. Mygate closed a Rs 225 crore round in June this year — a mix of primary and secondary transactions — that valued the Bengaluru-based company at Rs 2,000-2,200 crore. The round was led by Dharana Capital.
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