The Success Story Of Vertoz And Its Founders

yourstory-7-may

Every successful entrepreneur has a story to tell. YourStory recently covered Vertozโ€™s Founders Ashish Shah and Hiren Shahโ€™s entrepreneurial journey and how they started off Vertoz with limited resources and went on to get it listed on NSE Emerge, making Vertoz Indiaโ€™s only public listed ad tech company. Here are a few excerpts.

Ashish and Hiren foresaw the huge potential in the programmatic advertising industry. Simply put, programmatic advertising is the automated approach for buying & selling online advertising space. It allows brands to easily access ad space for devices like desktop, tablet, mobile, and more. Vertoz has developed its own programmatic platform called โ€˜IngeniousPlexโ€™. This platform uses codes & algorithms to match advertisers with the right publishers, and through them, with the right audience. It also minimizes human intervention, eliminates human error, thereby increasing efficiency & speed. It also enables niche targeting, which helps advertisers to reach the right customers. For example, with Vertozโ€™s platform, Colors Bangla launched a new TV show and was able to promote it to Bengali speaking expats.

Ashish and Hiren have been able to scale great height within a short time span of seven years. They started Vertoz in Mumbai in 2012, and today, it has evolved into a multinational company with offices in global business hubs like New Delhi, Mumbai, New York, San Francisco, London, and Dubai. Last year, Vertoz recorded a turnover of Rs 36.84 crore. Under the leadership of Ashish and Hiren, Vertoz has grown into an organization of over 130 people.

For the complete story, click here.