Changing the scenario of digital startups!

The Chairman of Mogae Media, Sandeep Goyal has raised approximately $15 Million to fund digital startups that focuses on analytics, mobile ad serving platforms and mobile-based programmatic buying. Mogae Media also focuses on the same. Digital startups encounter lot of problems to raise funds. Sandeep Goyal proves to be a boon to these startups.

Goyal was the is former Chairman and JV Partner of Dentsu India and was also the Group CEO of Zee Telefilms Ltd. An alumnus of Harvard Business School and former Country Head of one of the world’s largest telecom companies are expected to associate with Mr. Goyal in this initiative.

The latest funds will be aimed to make late stage investments in the Digital Media and Mobile Innovation verticals; as also service sector startups, especially in the F&B, logistics, ecommerce, mcommerce and Cab pick-up space (local mobility) with mobile enabled platforms.

In 2012, Sandeep Goyal launched Mogae Media along with his wife Tanya Goyal. It is a provider of integrated mobile marketing services, offering a range of mobile branding solutions. The company has partnered with established brands like Kellogg’s India, Urban Clap, Star TV, Hero, TATA Motors, Yes Bank, Axis Bank, Kansai Nerolac, Discovery Channel, DSP Black Rock and Max Life Insurance, etc.

Takeaways:

• The Chairman of Mogae Media, Sandeep Goyal has raised approximately $15 Million to fund digital startups that focuses on analytics, mobile ad serving platforms and mobile-based programmatic buying.
• The latest funds will be aimed to make late stage investments in the Digital Media and Mobile Innovation verticals.