Mobile ad platform Sprout is now InMobi Studio

13 Sep,2012

By A Correspondent

 

InMobi, a mobile ad network company which acquired Sprout in August last year, has decided to rebrand the leading platform for creating mobile HTML5 rich media advertising. Sprout will now be called ‘InMobi Studio’ while the details about the rebranding were not available at the time of reporting, Sandeep Deshpande, Country General Manager, InMobi said, “We will be rebranding Sprout, a company we had acquired last year to InMobi Studio.” The company website however states that “InMobi Studio is a simple, yet tremendously powerful platform that empowers marketers to build, run, and measure mobile rich-media ads without compromise.”

 

InMobi which is said to be the largest independent ad network company in the world claims to reach over 600 million mobile internet users worldwide. In India, the ad network company claims to reach over 85 per cent of mobile internet users. “About 85 per cent of the entire mobile internet users in India can be reached through our network (InMobi), worldwide however we reach over 600 million mobile internet users worldwide” pointed out Mr Deshpande.

 

According to Mr Deshpande, by 2014 more people across the globe are expected to access internet on their mobile phones rather than their PC or laptop. As a result mobile advertising will become a very important medium for brands to reach out to and engage.

 

InMobi is currently working with over 150 advertisers in India namely NDTV, Indian Express, NIIT, Levis etc. InMobi aims to offer significant opportunities for brands to connect and engage with its users by using its reach and super engaging creative solutions. Mr Deshpande was of the view that there is a need for evangalising the benefits of mobile advertising in India. He said, “These are still early days for mobile advertising in India and we are investing a significant energy as a team to build the momentum of mobile advertising in India. It will take time for advertisers to realize the benefits of this medium”

 

InMobi is said to have a total of over 800 employees currently, and about half of them are expected to be based out of India. With the festive seasons approaching and a lot of cricket tournaments coming up, InMobi expects a big jump in its revenues this quarter as compared to the previous quarter.

 

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One response to “Mobile ad platform Sprout is now InMobi Studio”

  1. Ruchir Rathore says:

    Nokia announced to pay 70% of the end user price straight to
    the developer… Developers can now sell their apps to millions of Nokia
    Consumers today via Direct Operator Billing in India.

    Now developers can Sell their apps to millions of Nokia
    Consumers today via Direct Operator Billing in India.. Go To:
    http://bit.ly/Qmw6lN and start
    submiting more & more apps to earn more!!

    Nokia also introduced solutions for In-App Advertising and
    In-App Purchasing such as the new Nokia Asha 303, the first Series 40 phone
    designed to support In-App Purchasing.

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