Komli Media reels in USD39m for digital advertising

Digital media agency, Komli Media, has nabbed USD39m in a funding round led by Norwest Venture Partners with participation from Helion Venture Partners, Draper Fisher Jurveston and Western Technology Investment. The Mumbai-based company develops real-time digital advertising solutions that work as an integrated platform across mobile, display and video. The firm's total funding now stands at USD62m. The firm says the capital will be used to develop its core media technology products and grow its presence across the Asia Pacific region. Brands using Komli's products include Mercedes, Asda, Barclays and John Lewis.