SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Brightcom Group calls off definitive share purchase agreement with MediaMint

07 Sep 2022 Evaluate

Brightcom Group has cancelled the definitive share purchase agreement that was entered in December 2021 with MediaMint. Both the companies had jointly decided to change their proposed transaction from acquisition to a possible strategic alliance and provide backend services to Brightcom’s future acquisitions.

Some of MediaMint’s recent client additions are in the same business as Brightcom, which could impact the growth prospects of the combined business. As a result, the companies determined it was best to pursue independent paths of growth. Under the reworked plan, Brightcom will not acquire MediaMint.

Both the companies have experienced rapid rise in revenue and profitability in FY2022. The companies determined this plan would help them pursue independent growth paths with possible collaborations.

Brightcom Group has expertise across several verticals, with focus on the following: Financial Services, Healthcare, Manufacturing Chemicals, Life Sciences and Retail.

Brightcom Group Share Price

9.67 -0.19 (-1.93%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×