News

JIC Venture Growth Investments (VGI) has acquired additional shares in Monstarlab Holdings Inc. (Monstarlab Holdings) through its JIC Venture Growth Fund 1 (VGF1).

Monstarlab Holdings has been providing digital consulting services and products so as to support enterprises to find ways to react to and shape the business to the digital future through digital transformation. Also, Monstarlab Holdings now has offices in 30 cities in 18countries over the world and has been offering over 2,200 successful projects.

The significance of this investment is to create and develop the model for the start-up companies expanding overseas through mergers and acquisitions. Monstarlab Holdings provides digital consulting services and products keeping effective strategies with global insight, precise and stunning design and cutting-edge technology, all at scale, under the situations where existing industries is required to create new value and to launch new business. VGI intends to support enterprises to find ways to react to and shape the business to the digital future through new digital solutions and digital transformation in existing industries, and to contribute to boosting earning power of each company in the industrial fields.

By this funding, Monstarlab Holdings will accelerate its growth in increasing enterprise value, and eventually VGI supports Monstarlab Holdings to boost into global company. VGI also provides hands on support for value up.

^{This information contained in this notice is current at the time of publication and subject to change without notice.}