The company said the funds raised will be used by Voiro as growth capital for both domestic as well as international markets.
Investor 1Crowd co-founder Anup Kuruvilla commented, “I feel the analytics provided by Voiro are of great use to its clients as this helps not only to manage their inventory but also to monetize the same. The company’s deep understanding of the media industry and its pain points combined with a strong technology team that can build intelligent solutions to tackle these problems makes Voiro a company with strong potential in the digital publishing and advertising space.”
Voiro co-founder and CEO Kavita Shenoy commented, “Voiro’s growth and technology curve has been steep since its inception, a testimony to its value proposition to the media, advertising, and digital publishing industry. We are glad for the investment from 1Crowd as it reaffirms Voiro’s strength and potential. These funds will enable us to write the next chapter in our growth as we look beyond the Indian market.”