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Programmatic media co Oplifi raises Rs 50 mn from Rainmaker

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MUMBAI: Oplifi, a Singapore-based programmatic media company that focuses on transparency, simplicity and accessibility has raised USD 750, 000 (Rs 49.3 million) from the Mumbai-based early-stage venture capital fund Rainmaker Ventures.

The company, founded towards the end of 2015, has over the years provided best in class digital media amplification technologies for creating the requisite buzz, increasing intent to purchase and fulfilling strategic business goals. It strongly believes that companies of all sizes should have access to world class technology.

According to a KPMG CII report, India’s digital advertising grew by 15.5 per cent in 2016. The report stated that programmatic advertising will soon command a big share of the pie with traditional advertisers recognising the benefits. It further added that programmatic content will no longer just dominate digital display advertising, but will shortly see a mass adoption through programmatic television advertising.

Co-founded by Gautam Dutt and Anup Kumar, Oplifi works with brands like Lufthansa, Motorola, Vicco in India, RWS and Amex in Singapore, Trapper Media in Malaysia, Cyber One Group in Hong Kong amongst others.

Dutt said: “Oplifi, being independent of any large agency network is not beholden to any particular tech platform. This allows us to focus on what truly matters to the client and provide an independent perspective."

Rainmaker co-founder Atul Hegde added, “With Oplifi, we have expanded our investment base into South-East Asia." He added: “We are bullish on the digital marketing ecosystem and are actively looking at investing in areas like UI/UX, digital video creation, influencer marketing platforms and IOT integration services. Potential markets include South East Asia, Middle east and of course India."

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