Ajay Adiseshann Invests in Vserv
Vserv solution would now be available for developers with apps developed in J2ME and Android platforms. J2ME is a popular platform that is available on a majority of Nokia cellphones, globally and a huge range of feature phones. Android on the other hand is a fairly new platform that has witnessed an exponential growth of nearly 77% in India and South-East Asia in 2011.
Announcing the investment, Ajay Adiseshann said "Vserv has grown exponentially over the last 18 months in India and is now entering APAC markets.Dippak and Ashay, the founders of Vserv have had tremendous exposure in the digital space, prior to setting up Vserv, with an excellent execution track record. Vserv's unique technology gives it a clear edge"
The company is uniquely positioned to exploit the massive In-app advertising potential with its proprietary technology. Having fine tuned the product and established itself in India, the company has already made some inroads into the APAC market.
App development is fast emerging as a lucrative field for Indian developers. Vserv provides developers with a frictionless platform to monetize their apps and advertisers an ecosystem to reach out to consumers. The introduction of 3G, growing acceptance of Smartphone's and feature phones has enhanced the reach for publishers. Presently, Vserv boasts of an ecosystem with full-screen Ads in 3500+ Apps, predominantly J2ME and Android platform. The company founded in January 2010 has already worked with 50+ brands.
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