Manajit Ghoshal, former MD and CEO of Midday, has joined hands with Amardeep Singh Vig, owner, Ronak Advertising to launch a full service agency called Media Lounge. Ghoshal has joined in as the MD and CEO of the newly-formed company.
Ghoshal said, "Media Lounge is floated with the idea of creating a full service agency which has companies specialising in media buying, digital media, creative services, event management, public relations services, running exhibition centres and conducting media courses. We are planning a pan India presence and will look at mergers and acquisitions."
Vig said, "We plan to go pan India and develop into a full service agency with all the verticals. We will grow both organically and inorganically. With the strength of Ronak advertising and Manajit Ghoshal on board as the MD and CEO of the new company, we are confident, we will grow fast and achieve our goals."