Digital marketing services provider MediaMint raises funding from Everstone, Recognize

Hyderabad-based MediaMint, a digital marketing services provider, has attracted funding from Singapore-based Everstone Capital and US-based Recognize. The deal size is reported to be in excess of USD 100 million. Aditya Vuchi co-founded MediaMint in 2010 along with his wife Neelima Marupuru. The company, which has about 2,000 employees, has offices in San Francisco, New York and Hyderabad. As part of the process, Rajeev Butani is joining as the Executive Chairman of MediaMint. He was previously the Senior Managing Director for Accenture's Communications, Media, and Technology Operating Group globally.