Evolve Digitas acquires Thinking Folks
Also announces appointment of Ratan Kumar as country manager
Nov 09, 2020 05:25:00 PM | Article | Campaign India Team Share -
Evolve Digitas, a digital and design agency, has announced the acquisition of Thinking Folks, a Gurugram based creative shop. The all-share swap deal will see Evolve Digitas strengthen its creative and design team looking to consult and service global clients.
The company is planning a global center of excellence in India to service global e-commerce clients with an in-house product.
Aparna Gupta, managing director, Evolve Digitas, said, “Evolve Digitas has been rapidly scaling up for the past two years with a growing digital footprint globally. A testament to the dynamic approach and value we bring to them. With Thinking Folks getting on board we will accelerate further and continue to partner in the business growth of our clients’ businesses.”
Ratan Kumar who was CEO at Thinking Folks has been appointed as country manager for Evolve Digitas.
He said, "Evolve Digitas offers us the synergy that will catapult us ‘together’ into a global orbit delivering high performance ecommerce solutions to businesses and adding to their growth."
In a career spanning two decades, Kumar has worked with Hakuhodo, Vyas Giannetti and Leo Burnett Orchard.