FirstMeridian acquires majority stake in CPM India Sales & Marketing Pvt. Ltd

'This partnership reflects our commitment to growth, collaboration and something truly impactful,' wrote Mandeep Singh, the MD of CPM India on LinkedIn

by e4m Desk
Published: Oct 5, 2024 9:24 AM | 1 min read

Global sales outsourcing and brand experience agency CPM India has joined forces with FirstMeridian, as the latter acquired a majority stake in CPM India Sales & Marketing Pvt. Ltd.

The news was announced by Mandeep Singh, the MD of CPM India.

“Together, we’ll not only strengthen our core retail capabilities but also explore new horizons, ensuring that we continue to deliver innovative, value-driven results for our clients. For me, this partnership reflects our commitment to growth, collaboration, and building something truly large & impactful,” wrote Singh on LinkedIn.

“It is a BIG moment for everyone at CPM India. This is really about adding the right kind of strength to our operations so we can deliver even more powerful, insight-driven results. Over the past few months, we have come together as two organisations with similar values and fabric. In people business, what matters the most is the people one chooses to work with, I am personally very glad that both CPM India Sales & Marketing and First Meridian Group made this choice. It was immense pleasure to meet the Leadership team of FM group, Looking forward to an enjoyable growth journey,” commented Dr Hitesh Kakar, CEO of CMP India.

FirstMeridian is a human resources investment platform formed by world-renowned investors. Its customers span across sectors that include Telecom, Retail, BFSI, IT, ITES, E-Commerce, Manufacturing, Engineering and Logistics.