Avendus Capital Advises Komli Media on Its Equity Raise From Peepul Capital.

As digital advertising grows in a fast and fragmented manner, it has become critical for the industry to focus on delivering integrated solutions across social, mobile, display, and video.We have already seen strong adoption of our integrated solution along with algorithmic trading. With the increased funding, we plan to deepen our focus on innovative technologies, such as real time bidding (RTB), to deliver significantly greater value to our customers.

We believe that India and South East Asia are at an inflection point in embracing digital advertising. Komli is a leading player in these key markets and with its technology platform, wide product suite and exceptional leadership team, the company should consolidate its current position even further.

Digital advertising will grow very significantly in the region. We believe Komli, driven by its technology platform, strong reach and world class management team will win big in this market. With this deal we continue our tradition of partnering with market leaders in the digital space and helping them create significant value