Nokia Growth Partners Invests $9 Million in Vizury Interactive


Bangalore: Vizury Interactive Solutions, an advertising solution company has raised $9 million from Nokia Growth Partners and also with the participation of other investors like Inventus Capital Partners and Ojas Ventures. The procured funds will be utilized to improve their global presence across Asia, South America and Australia, reports Watblog.com.

Founded in 2008 by Chetan Kulkarni, Gourav Chindlur and Vikram Nayak, Vizury is a pioneer in digital marketing enabling large and medium scale ecommerce and online travel companies maximize their digital data value.

We see this funding as an endorsement of our approach to strategically partner with our customers and help them drive revenue using a combination of cutting edge technology and enterprise class service. The capital infusion will allow us to accelerate our investments in R&D, bring new products to market and establish ourselves as clear leaders in the space. Having NGP, Inventus and Ojas in our corner will be invaluable as we make the next big leap”, says Kulkarni.

John Gardner, the managing partner of Nokia Growth Partners also commented on this occasion. He said “Vizury’s industry-leading behavioral ad targeting products and intense customer focus position the company well for expansion across a number of regions. With this investment, we reinforce NGP’s commitment to investing in the growth of the global advertising technology space.”

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