Fundz

AdOnMo raised $25 million in a funding round led by Rigel Capital and Sinar Mas to expand its digital advertising solutions across India.

RECENTLY ACQUIREDSep 26, 2024

Amount Raised

$25 Million

Round Type

Funding Round

HyderabadAdvertisingMarketing

Investors

Sinar MasRigel Capital

Description

AdOnMo has successfully raised $25 million to finance its expansion from 24 to 40 cities in India and double its digital advertising displays from 50,000 to 100,000. The funding round was led by Rigel Capital with participation from Sinar Mas and other investors.

Quick answer

AdOnMo raised $25 Million in a Funding Round round, dated September 26, 2024. Investors: Sinar Mas and Rigel Capital. AdOnMo is based in Hyderabad, Telangana, India.

How much did AdOnMo raise?
AdOnMo raised $25 Million in a Funding Round round on September 26, 2024.
Who invested in AdOnMo?
Sinar Mas and Rigel Capital are named as investors in this round.
What does AdOnMo do?
AdOnMo is an adtech startup founded in 2016 by Sandeep Bommireddi and Sravanth Gajula, providing outdoor advertising solutions with targeted, real-time advertisements on cloud-connected digital screens.
Where is AdOnMo based and how big is it?
AdOnMo is based in Hyderabad, Telangana, India. Fundz records about 201 employees.
Who are the decision-makers at AdOnMo?
Fundz holds 1 contact at AdOnMo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Advertising and Marketing around the same time

Companies in the same sectors as AdOnMo that raised within 45 days of this round, from Fundz verified event records.

  • Ramdam raised $3.1M (Seed) on October 22, 2024.
  • Singulate raised $2.3M (Pre-Seed) on October 8, 2024.
  • Parabolic Technologies, Inc. raised $5M (Seed) on September 26, 2024.
  • AudiencePlus raised $7M (Funding Round) on September 10, 2024.
  • Magfi raised $1.1M (Seed) on September 3, 2024.
  • Brand Engagement Network raised $11M on August 26, 2024.

Who to call at AdOnMo, and when

A new round usually means AdOnMo is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

AdOnMo

Location

Hyderabad, Telangana, India

About

AdOnMo is an adtech startup founded in 2016 by Sandeep Bommireddi and Sravanth Gajula, providing outdoor advertising solutions with targeted, real-time advertisements on cloud-connected digital screens.

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AdOnMo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.