GoQuest Media Ventures makes strategic investment in Digibooster
MUMBAI: Independent content distributor GoQuest Media Ventures (GQMV) has made a strategic investment in Digibooster, South Asia’s largest short form video content platform. The strategic seed investment funding round sees Digibooster raise an undisclosed sum from GQMV.
Digibooster is a content market platform for media and entertainment professionals looking to buy or sell video content. The company showcases the best of all forms of video content including films, animations and TV and web series to buyers across the world creating conversations and opportunities for sales, branding and distribution through its rich library of content.
Digibooster is focusing on becoming the go-to place for anyone looking to buy short format content including content websites, brands, Facebook pages, YouTube aggregators and even individual influencers looking to build deeper engagement and traffic on their websites and pages.
The investment from GQMV will allow the Digibooster team to grow the business by utilizing GQMV’s network of clients, industry connections and employees. It will also expand its leadership and business development to accelerate growth and use the funds to build the team and technology to reach out to global clients.
GQMV’s equity investment is part of the company’s strategy to embrace new ideas and technologies and to highlight the company’s ongoing commitment to be the largest marketplace for worldwide content.
GQMV Founder & Managing Director Vivek Lath commented, “I’m delighted that GoQuest Media can assist Digibooster in its growth and development and be a part of the evolving TV and media landscape. Collaborating with and investing in Digibooster gives GoQuest Media another opportunity to shape the market that we and our partners work in.”
Digibooster Founder Investor Nandini Mansinghka commented, “We are excited about the next level growth of Digibooster with GQMV as our strategic investor and partner. We see an amazing opportunity to build Digibooster into the platform of choice for anyone looking to buy or sell short format content. We tremendously value the deep expertise and industry network GQMV brings to build Digibooster into one of the most sought-after media companies in the next 12 months.”
Digibooster CEO Santosh Kumar added, “We are excited to welcome GQMV on board. It’s a vote of confidence for all of us at Digibooster that such a marquee name in the Media industry has decided to put their might behind us in our vision of becoming a world-class Global short format video content marketplace. We will use the funding to build the tech team.”