wordpress blog stats
Connect with us

Hi, what are you looking for?

Jivox Raises $4 Million From Opus Capital, Helion Ventures

Online video advertising network Jivox has raised $4 million in funding from Opus Capital and Helion Venture Partners, in a follow on investment reports VCCircle; the total amount of funding raised by the company is now around $15 million in two rounds, with seed investments by two promoters included.

Sources from two companies who had been pitched to by Jivox last year, at the height of the lull in the online advertising market, had informed MediaNama that it was looking to sell a majority stake in its Indian operations, at up to 60 percent; eventually that plan was scrapped, but the company did need funds. Jivox India MD Naren Nachiappan told VCCircle that the company has plans to raise money again – as much as $15 million in 2011, to expand to other geographies, including Europe. According to its website, Jivox represents publishers including ZeeNews.com, OneIndia.in, TimesofIndia, ThinkDigit, BIGAdda, Hindusantimes.com, LiveMint.com, Metacafe, Indian Express, MSN, Sify, Moneycontrol.com.

The online video advertising market in India is still in a nascent stage, and apart from YouTube, which gave it a significant boost by broadcasting the Indian Premiier League online online, bringing on board advertisers like HSBC, Coca Cola, Samsung and Airtel, also includes competitors like Nexus India Capital funded VDOPIA. Komli Media, which recently acquired sales representation company PostClick too serves video advertising in India.

If anyone from Jivox is reading this, we’d love to know more about how they’ve arrived at an estimate of $30 million for online video advertising in India.

Related:
– Jose Felix On Cricket Nirvana’s Experience With Live Streaming Cricket Matches
VDOPIA Raises $4M From Nexus Venture Partners; Indian Video Ad Trends
Komli Media Video Enables Ad Network
Video Ad Network VDOPIA Raises Funding From Nexus India Capital

Advertisement. Scroll to continue reading.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

News

By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

News

By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ