Vizury Interactive Raises $9M in Series B Funding

Vizury Interactive, a Bangalore, India-based provider of digital marketing technology solutions, has raised $9m in Series B funding.

The round was led by Nokia Growth Partners, with participation from current investors Ojas Venture Partners and Inventus Capital Partners and existing business angels.

The company intends to use the capital to strengthen its presence across Asia, Australia and South America, accelerate its R&D efforts and drive product innovations.

Founded in 2008 by Chetan Kulkarni, CEO, Vizury provides Visitor Relationship Management (VRM), a retargeting solution for e-commerce and online travel companies. Clients include Webjet, Virgin Airlines, Expedia, Zuji, Netshoes, Viajanet, Zozo, Kokuken, Ctrip, Yintai, Jabong, Jet Airways and MakeMyTrip, among others globally.

In conjunction with the funding, Anupam Rastogi, principal at NGP Advisors India, will join the company’s board. Vizury has operations in Asia, ANZ and South America.

FinSMEs

26/10/2012

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