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Markets: Vodafone-Infomo to work on AI-ML for AdTech

Fiinews by Fiinews
June 23, 2022
in Markets, Technology
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Infomo to sign key partnerships across multiple markets, says Rao

Vodafone Idea Limited (Vi), with more than 243 million subscribers in India, has signed a multi-year partnership with TorcAI, a subsidiary of Infomo Global Limited which has aggressive plans for expansion into the US, Brazil, Malaysia, Thailand and the Philippines.

The partnership is to launch a new Artificial Intelligence (AI) and Machine Learning (ML) for AdTech and data distribution platform known as Vi Ads.

“This critical partnership will ensure our programmatic platform – Vi Ads address two of the biggest challenges faced by marketers today – authentic insights and enhanced reach,” said Avneesh Khosla, Chief Marketing Officer at Vodafone Idea.

“Firstly, it offers marketers the benefits of unique audience segments, interest groups and targeting parameters derived using Vi’s deep insights of our consumers, built on ‘opt-in data’.

“Secondly, it allows advertisers to reach their chosen audiences across a range of Vi’s own digital media as well as external third-party programmatic media and traditional channels, like SMS and IVR calls.

“This is a simple, easy to use and highly efficient solution for marketers to effectively reach the right people at the right time with the most relevant message,” Khosla said on 21 June 2022.

Ananda Rao, Group CEO of Infomo, said, “The signing of this critical partnership with Vodafone Idea in India, one of the largest markets in the world, cannot be understated and reinforces the leadership position Infomo is taking as a global player in the digital advertising and programmatic market.

“Furthermore, Infomo is on target to sign up several key partnerships across multiple markets in the coming weeks. We also expect to join forces with more than 30 substantials media companies over the coming months. In total, those agreements translate into 500 million mobile device connections and more than 4 billion page views, per month.

“We’ve also challenged ourselves to double those numbers through 2023 and are on track to reach an astonishing advertising audience of more than 1 billion people worldwide.”

Vi Ads provides marketers with a programmatic media-buying platform that targets consumers and delivers unprecedented levels of insight, transparency and real-time analytics. Vi Ads clearly illustrates campaign performance and provides unparalleled value for money for marketers, advertisers and publishers.

The Vi Ads platform has been built in partnership with TorcAI which leverages data science, AI and ML to stitch together legacy marketing and advertising platforms with cutting edge technology.

Infomo was founded in 2018 by ex-Infosys Australia Head Ananda Rao and investment veteran and M&A strategist, Peter Jermyn.

The company has grown rapidly over the past 18 months with offices across Australia, Singapore, India, Indonesia and Vietnam. fiinews.com

Tags: Vodafone Idea Ltd
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