2011-01-20

Komli Raises USD 15 Million

Komli Media, Asia Pacific's leading digital media network, announced today that it has raised USD 15 million in funding led by Norwest Venture Partners (NVP). Existing investors, Nexus Venture Partner

Komli Raises USD 15 Million

Komli Media, Asia Pacific's leading digital media network, announced today that it has raised USD 15 million in funding led by Norwest Venture Partners (NVP). Existing investors, Nexus Venture Partners and Helion Venture Partners, also participated in this round. The additional capital will be used to fuel aggressive expansion throughout India and across its key markets in Asia Pacific. The Company will further invest in its two core businesses - the Digital Media Network and the Audience Measurement unit - which are experiencing significant growth.

 

In 2010, Komli Media's business grew over 600% while its employee base grew to 115, from 51 at the start of the year. Last year, Komli Media began its expansion across Asia Pacific by acquiring PostClick, Australia's leading site representation firm. In October the Company further expanded to international ethnic markets with its acquisition of Indoor Media. With capabilities across brand solutions and performance marketing, Komli Media is Asia Pacific's leading digital media network. Amar Goel, Founder & Chief Executive Officer, Komli Media, said, "We were drawn to NVP because it is a global, top tier investment firm with deep domain knowledge in the online advertising sector. Furthermore, NVP's powerful network of relationships in India and abroad will be of great value to Komli Media as we expand our offerings and services to other markets. We look forward to closely partnering with NVP to take our company to the next level."

 

Komli Media's digital media network represents more than 2,000 websites today, including sites such as Facebook, Babycenter and Bloomberg, reaching more than 45 million unique users across a number of categories and regions. The company also owns and operates ViziSense, India's first and leading online audience and ad measurement platform. ViziSense is now being launched in Australia to tap the growing needs for cutting edge audience measurement from digital marketers and publishers.

 

Related opportunities
  • Overcoming the quality concerns and hygiene challenges that street food..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2023
    Investment size Rs. 50lakh - 1 Cr.
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Diamond & Platinum Wears
    We at Xazina believe that the beauty of a diamond..
    Locations looking for expansion Delhi
    Establishment year 2020
    Franchising Launch Date 2022
    Investment size Rs. 50lakh - 1 Cr.
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Casual Dine Restaurants
    Welcome to Ajna. We are so happy and blessed to..
    Locations looking for expansion Gujarat
    Establishment year 2011
    Franchising Launch Date 2016
    Investment size Rs. 30lakh - 50lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Vadodara Gujarat
  • Morpheus Human Consulting - a HR & Recruitment firm looking..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2012
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads