News update
- byAyushi Ray | July 26, 2021
Techmagnate acquires Pine Labs' digital mandate As part of its digitalization mission, the tech mogul will take over the leading fintech brand's SEO and SEM requirements. Sarvesh Bagla, Founder and CEO of Techmagnate, believes this business partnership will be a stepping stone to the future success of both companies. He said: As digital experts, we partner with their marketing teams to help them achieve their growth goals. Founded in 1998, Pine Labs began as an aggregator of card-based payment and loyalty solutions for the oil retail industry. Fast forward to today, Pine Labs achieved unicorn status in 2020. Today, Pine Labs is one of Asia's leading fintech platforms, providing cutting-edge fintech solutions to over 150,000 merchants. The company is confident that with Techmagnate's expertise, it will enjoy an undisputed digital presence and excel in its SEO and SEM pursuits.
Techmagnate has a large portfolio of BFSI clients to its name, especially in the fintech space. And it could yield excellent results for Pine Labs. The digital agency achieved an impressive average average growth of 222% in traffic and 172% in leads in 2021 through its SEO services. Also, on the PPC advertising side, the company increased conversions by an average of 241% and reduced his clients' CPA (cost per acquisition) by 22% across business segments. Read Techmagnate's digital report card to see how it performs at BFSI and across the industry.
