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Acquisitions and Mergers

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Ref. No.: PROCT1901

Date: 03rd OCT 2019



ACQUISITION:


STIRGI ACQUIRES CREDITO STRENGTHEN ITS BUSINESS BRAND.


Stirgi pvt. Ltd. The referral marketing business company has acquired E- recharge and health care company credito financial services. The much expected announcement is being waited upon credito was seeing reduced revenues and struggling to cope up with the competition ,which the offer come in by stirgi 6 month backs things got sorted quickly and credito was acquired for an undisclosed amount.

Stirgi is a reputed referral marketing company. The company has been doing well and continuously expending its base through merges and acquisition and new products this new acquisition is giving another reason to the new investors, customers and partners to be part of stirgi.

According to the company sources this acquisition will lead to enhance credibility for Stirgi and the future look greatly promising. Also Stirgi is planning to introduce new range of products and services for its customers. Both the company believe in timely delivery and customer satisfaction that has build trust among their customers. This acquisition has bring huge profit for the customers of Stirgi and credito both and is a win win for both the companies. With this acquisition Stirgi will become first and the only one company to provide services like e-recharge bill payments and money transfer and health care services to its customers through referral marketing system. The organisation structure says the credito director Mr. Chanchal kumar will head as CEO operations of Stirgi and there will be no other changes in the role of top officials of Stirgi.

A new press release will be released soon announcing the new products and services with companies next three years futures plan of expansion work providing profit to its customers.



THANKS AND REGARDS


ADITYA KASHYAP


CHAIRMAN



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