Mobile ad network Seventynine to launch ‘unique’ Android product

06 Jul,2012

By A Correspondent

 

Launched in July 2011, Seventynine, the mobile ad network, started commercial engagement in the market in April 2012 with a focus on rich media inventory especially videos to enrich user experience. Seventynine has clocked record growth serving 700mn ad requests within three months of operation.

 

Currently, Seventynine is working with brands such as Microsoft, Lufthansa, Nokia, Opera Mini, ICICI bank, ICI Dulux, Tata Docomo, Nazara, Mcarbon, Techzone  and so on and is in talks with other large brands for similar association. The mobile ad network is focusing actively on building inventories across mobile applications and mobile web.

 

In an email interaction with MxMIndia, Chirag Shah, Co-founder, Seventynine spoke about his company’s journey since July 2011, its break-even plans and so on. “The journey so far has been very exciting and full of challenges. We are focusing heavily on unique product development, platform and analytics. Since March 2012, we have hit the market and managed to get some amazing response. Mobile ad spends are growing at more than 100 per cent. Spend on content such as application is growing at more than 400 per cent growth rate.”

 

“We are launching a unique product on android platform and we intend to share details on that in the next 10-15 days. This unique product will be our focus for 2012-13” he added.

 

“Mobile phone and mobile internet users are growing rapidly and consumers are spending more time on mobile as compared to TV, newspaper and internet. We are actively focusing on innovative technology solutions to create the differentiation that will position us ahead of the curve.” added Deven Dharamdasani, Co-Founder, Seventynine.

 

The team size of Seventynine is currently 15 but, the mobile ad network company will be hiring aggressively. “We intend to have a 50 member team by the end of this year” observed Mr Shah.

 

Seventynine is said to be one of the fastest growing mobile ad network in the country with Rich Media serving capability such as videos and HTML5. It is working closely with The Times Group, Network 18, Reuters, Business Standard, Nimbuzz, Angry Bird, Talking Tom Cat and others and has tie-ups with leading exchanges across the world.

 

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