What is AdOnMo?
AdOnMo is recognized as India's pioneering contextually targeted Digital Out Of Home Advertising (DOOH) medium. The company leverages advanced technology to deliver impactful and visible advertising solutions, merging the dynamic nature of digital platforms with the broad reach of outdoor media. This innovative approach allows advertisers to engage audiences with relevant messaging in physical spaces, enhancing campaign effectiveness and brand visibility.
How much funding has AdOnMo raised?
AdOnMo has raised a total of $32M across 2 funding rounds:
Other Financing Round
$7M
Other Financing Round
$25M
Other Financing Round (2024): $7M with participation from Zomato
Other Financing Round (2024): $25M led by Rigel Capital Management
Key Investors in AdOnMo
Zomato
Zomato, a prominent Indian company founded in 2008, is known for its extensive online platform providing restaurant information and food delivery services globally.
Rigel Capital Management
Rigel Capital Management is a strategic manager focused on hyper-growth companies in emerging economies, particularly in Southeast Asia, the Middle East, and India, with investments spanning electric mobility, digital infrastructure, and logistics.
What's next for AdOnMo?
With this substantial backing, AdOnMo is poised for accelerated growth and market expansion. The strategic investment signals confidence in the company's business model and its potential to further disrupt the advertising landscape. Future initiatives are likely to focus on enhancing its technological capabilities, expanding its network of digital out-of-home assets, and deepening its contextual targeting algorithms to provide even more precise and effective advertising solutions for its clients. This funding will be instrumental in solidifying AdOnMo's position as a leader in India's burgeoning DOOH market.
See full AdOnMo company page
