Bengaluru-based digital transformation and marketing agency, Laudco Media, on Thursday announced that it has closed its seed funding from angel investors, entrepreneurs and investment banking professionals.
The funds will be used to speed up Laudco’s innovation plan and expand its workforce. The company is working on a value additive technology platform for its customers. Clients will be able to properly plan their digital marketing strategies and maximize their investment gains with the platform.
Since the agency’s inception in 2018, Laudco has seen consistent revenue growth, averaging 44% year on year, achieved by rapidly expanding service offerings through a mix of self-performance and outsourced partners, tools, platforms, and content creators.
Founded by Shubham Mehrotra, the agency has developed relationships with over 450 small, medium, and large-scale domestic and global clients who trust Laudco to ideate and execute transformative digital strategies.
“Our goal is to help brands, agencies, and marketers by giving them the necessary resources and advice they need to grow and achieve their objectives using digital marketing and transformation. We have ambitious plans, and we are looking forward to expanding our solution offerings and products. And this investment shows that we are on the right track, and it is a vote of confidence in our mission to help clients maximize their digital strategies,” said Shubham Mehrotra, founder & CEO at Laudco Media.
Accelerated by the effects of the global pandemic, more and more businesses seek to utilize digital services as part of a larger marketing toolbox. Laudco offers clear, collaborative, and data-backed digital marketing strategies to a wide range of industries and client profiles.
The agency currently has an ARR (Annual Run Rate) exceeding $1 Mn and boasts of clients like Flipkart, Intel & New Zealand Trade Enterprise as well as start-ups, SMBs & NGOs.
“To allow our own business to grow and thrive, we invest heavily in our human resources, identifying staff with expertise in their domains and who bring outside perspectives, ensuring we are forever advocating for the customer. This focus has allowed our solutions to develop from a user-first perspective, with the customer experience and satisfaction being our benchmarks. As we continue to evolve and expand our business, we continually seek to find staff who can help us better products to serve more businesses and improve the user experience even further,” said Mehrotra.