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Vertoz Advertising

Vertoz Advertising

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About

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Overview

The Company was originally incorporated as ‘Vertoz Media Private Limited’ on February 13, 2012 with the Registrar of Companies, Maharashtra, Mumbai as a private limited Company under the provisions of the Companies Act, 1956. Subsequently the Company was converted into public limited Company pursuant to shareholders resolution passed at the Extra-Ordinary General Meeting held on May 22, 2017 and the name of the Company was changed to ‘Vertoz Media Limited’. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Registrar of Companies, Mumbai on June 09, 2017. Pursuant to a resolution of the Shareholders passed on June 14, 2017, the name of the Company was changed to ‘Vertoz Advertising Limited’ and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Mumbai on July 07, 2017.

The Company was incorporated in the year 2012 having registered office located in Mumbai and has offices in US, UK and UAE through their subsidiaries. They have invested in their technology to meet the complex needs of customers. They have achieved significant growth as they have scaled their offerings, including the functionality of their programmatic platform and tools for advertisers and publishers.

Business area of the Company:

The Company is a programmatic advertising company that offers engaging and innovative advertising and monetization solutions which replaces the traditional methods of media buying and selling of advertisement. The Company’s proprietary technology, advanced capabilities and programmatic platform is a highly scalable software platform that powers and optimizes the marketplace for the real-time trading of digital advertising inventory between advertisers and publishers. They call their platform as a ‘Ingenious Plex - The Complete Advertising and Monetization Suite’. Their ‘Ingenious Plex’ incorporates proprietary algorithms, sophisticated big-data storage and processing systems, detailed real-time analytics capability and a geographically distributed infrastructure. They analyze hundreds of data points in real time and execute over 1,000,000 (10 Lakh /1 Million) queries per second.

Major Events & Milestones:

  • 2012: Incorporation of the Company.
  • 2015: Acquired 100.00% of the outstanding equity shares of Vertoz inc. having registered office at 425, Market Street, Suite 2200, San Francisco-94105, California, United States.
  • 2015: Set-up a wholly owned subsidiary, Vertoz Limited, having registered office at Kimberley House, 31 Burnt Oak Broadway, Edgware, Greater London, England, HA8 5LD.
  • 2015: Set-up of a 100% step-down subsidiary in UAE under Vertoz Ltd. UK, having registered office at Exclusive Desk No. 34, Ground Floor, Building 16, Dubai, UAE.
  • 2017: Conversion of Private Limited Company to Public Limited Company.
  • 2017: Set-up of a 100% step-down subsidiary in US under Vertoz INC, US having registered office at 132 West 31st Street, 15th Floor, New York, NY 10001, USA.
  • 2017: Vertoz Inc. signed an agreement with Interactive Advertising Bureau (‘IAB’) for IAB Membership.
  • 2017: Vertoz Advertising Ltd. received the membership certificate of Internet and Mobile Association of India (‘IAMAI’).
Brands Of Vertoz Advertising

Brands Of Vertoz Advertising

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