Company lists
The Maharashtra edition · 2026

AdTechcompanies in Maharashtra

Ad networks, marketing tech, mobile advertising, creatives & video, lead generation and more: the companies building adtech in Maharashtra, with their founders, funding, team size and business models.

122 company profiles18 with reported revenue5 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent adtech business events in India

Funding, M&A, contract wins and launches involving 738 adtech companies in India, last 24 months: 7 M&A deals · 2 launches · 1 Contract · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

ContractService

Vertoz · client: Noida Metro Rail Corporation Limited

Vertoz Limited has secured the exclusive inside advertising tender for the Aqua Line of Noida Metro Rail Corporation Limited.

Advertising
LaunchGlobal Curated Marketplace

Airtory

Airtory, a company that specializes in the invention of interactive and immersive advertising creative, has unveiled a new marketplace named the Global Curated Marketplace, aimed at…

Marketplace
M&AAcquisition · Announced

Adcounty media acquires Adaxx Adtech & Media LLP

AdCounty Media India Limited has acquired 99.95% stake in Adaxx Adtech & Media LLP by way of Capital Contribution.

M&AAcquisition · Announced

Vertoz acquires Webimax

Vertoz, a global MadTech and CloudTech company, through its US subsidiary, Vertoz Inc has signed a definitive agreement to acquire Webimax LLC, an AI-driven marketing automation company…

AI-driven marketing automation
FundingPrivate placement

Mobavenue

Mumbai-based AI startup Mobavenue AI Tech’s board has approved plans to raise about INR 100 Cr through a preferential issue of 9.19 Lakh equity shares.

Investors Pipal Capital Management, Aman Shivraj Agro Industries, Amit Mishra, Mj Construction
AI
M&AAcquisition · Terminated

Shipping Agencies Services (SAS) acquires Moby

Italy's antitrust regulator said on Friday that Shipping Agencies Services (SAS), a unit of maritime group MSC, would drop its acquisition of a 49 per cent stake in ferry operator Moby…

Ferry operation
M&AAcquisition · Announced

Adsplay acquires Pixel Roads

Adsplay, a digital media hub, announced the acquisition of Pixel Roads — now called Pixel.

Digital Media
M&AAcquisition · Announced

Lucent Industries acquires Mobavenue

The Board of Lucent Industries at its meeting held on 02 July 2025 had considered and approved a strategic investment by way of acquisition of 100% equity shares of Mobavenue Media…

LaunchShelfRadar.ai

Punt partners

Bangalore: Punt Partners officially announced the launch of ShelfRadar.ai, an AI-powered advertising copilot built specifically to help brands optimize their ad performance on quick…

AI-powered advertising copilot
M&AAcquisition · Announced

Mckinsey acquires Et medialabs

McKinsey has acquired ET Medialabs (ETML), a performance marketing and analytics agency.

Performance marketing and analytics
M&AAcquisition · Announced

Mckinsey & company acquires Et medialabs

McKinsey & Company has announced the acquisition of ET Medialabs (ETML), a leading performance marketing and analytics agency based in India.

Performance Marketing

AdTech companies in Maharashtra, by funding and team

Few adtech companies in Maharashtra publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 122 active companies.

Showing 25 of 50

Provider of advertising technology stacks and consumer intelligence data platforms

Mobile advertising
US$23.94mSeries C · Oct 2019
164+2% 12 mo to Jul 2024LinkedIn · Jul 2026
Subscription
16 yr2010
0none in 3 months

Cloud-based retail media development platform

Adtech
US$2.21mAngel · Dec 2021
181+15% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
10 yr2016
0none in 3 months

AI-native advertising operating system that unifies ad creation, campaign management, optimization, and automation across multiple platforms

Marketingtech
US$1.10mSeed · Apr 2026
2LinkedIn · Jul 2026
Subscription
1 yr2025
0none in 3 months

In-game advertising and marketing platform

Mobile advertising
US$789kSeed · Jan 2018
1LinkedIn · Jul 2026
Advertising / Affiliate marketing
12 yr2014
0none in 3 months

Cloud and AI based platform offering content performance analytics

Generative ai
US$155kSeed · May 2022
87LinkedIn · Jul 2026
Subscription
6 yr2020
0none in 3 months · last posted Jun 2026

ASP OL Media provide global services in the advertising network and help the advertisers to evolve their business and receive benefits.

Adtech
—None recorded
302LinkedIn · Jul 2026
Advertising / Affiliate marketing
—
0none in 3 months · last posted Jul 2026

Provides solutions for crowdfunding, event booking, and ticketing solutions

Events tech
—None recorded
3+17% 12 mo to Sep 2024LinkedIn · Jul 2026
Advertising / E-commerce - service
17 yr2009
0none in 3 months

Provider of MadTech and CloudTech platforms for digital advertising solutions

Marketingtech
—None recorded
318+46% 12 mo to Feb 2024LinkedIn · Oct 2026
Advertising / Affiliate marketing
14 yr2012
9postings · last posted Sep 2026

Mobile video advertising platform

Mobile advertising
—None recorded
58+31% 12 mo to Aug 2023LinkedIn · Oct 2026
Advertising / Commission on transaction
12 yr2014
0none in 3 months

Provides AdTech, EdTech, and business ERP solutions

Higher education tech
—None recorded
123-35% 12 mo to Sep 2024LinkedIn · Jul 2026
Advertising / E-commerce - service
13 yr2013
0none in 3 months

Ad reporting and analytic paltform

Adtech
—None recorded
56+2% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
12 yr2014
0none in 3 months · last posted Jun 2026

Provides an interactive video ad platform

Adtech
—None recorded
4+0% 12 mo to Jun 2022LinkedIn · Jul 2026
Subscription
9 yr2017
—No postings tracked

Provider of ad analytics solutions

Adtech
—None recorded
22-12% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
6 yr2020
0none in 3 months

Performance-driven ad network

Adtech
—None recorded
12recorded
Advertising / E-commerce - service
14 yr2012
—No postings tracked

Smart Ads for Smart Brands

Adtech
—None recorded
7LinkedIn · Jul 2026
Advertising / E-commerce - service
9 yr2017
0none in 3 months · last posted Apr 2023

Contextual Ad Network

Adtech
—None recorded
41-35% vs previous recordLinkedIn · Jul 2026
Advertising / Commission on transaction
10 yr2016
0none in 3 months

DMP providing user profile data for targeted advertising

Adtech
—None recorded
11recorded
Advertising / Affiliate marketing
11 yr2015
—No postings tracked

Online media portal offering business & finance focused news

Adtech
—None recorded
8recorded
Advertising / Affiliate marketing
12 yr2014
0none in 3 months

Digital advertising campaign management platform

Adtech
—None recorded
21-50% 12 mo to Nov 2023LinkedIn · Jul 2026
Advertising / Affiliate marketing
10 yr2016
—No postings tracked

Unified platform for analytics, customer engagement and personalized marketing

Adtech
—None recorded
5+0% 12 mo to Feb 2023LinkedIn · Jul 2026
Advertising / E-commerce - service
10 yr2016
0none in 3 months

User generated advertising platform

Adtech
—None recorded
1LinkedIn · Jul 2026
Advertising / Affiliate marketing
17 yr2009
—No postings tracked

Demand side platform for display ads

Adtech
—None recorded
40LinkedIn · Jul 2026
Advertising / Affiliate marketing
16 yr2010
0none in 3 months · last posted Jun 2026

Online affiliate network and ad network solution

Adtech
—None recorded
—Not available
Advertising / E-commerce - service
10 yr2016
0none in 3 months

Platform offering cloud based content creation, sharing and management solutions

Sales force automation
—None recorded
21LinkedIn · Jul 2026
Subscription
6 yr2020
0none in 3 months

Provides a cloud based location advertising platform

Adtech
—None recorded
—Not available
Advertising / Affiliate marketing
36 yr1990
0none in 3 months
50 of 122 companies shown here · the full list is on Radar
Fliar Radar

Explore all 122 adtech companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open adtech in Maharashtra on Radar
  • Every company, not just 50All 122 adtech companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore adtech companies in Maharashtra by what you are looking for

Find top adtech companies in Maharashtra, from ad networks to mobile advertising and marketing technology. Browse adtech startups in Maharashtra and the platforms behind modern digital advertising.

8 ways to explore adtech in Maharashtra

Ad networks & advertising platformsMarketing technology companiesMobile advertising companiesAd creatives & video toolsLead generation & sales toolsE-commerce & retail media advertising

Ad networks & advertising platforms

Ad networks, ad exchanges and platforms that connect advertisers with publishers.

  1. SYS Ad Network

    Performance-based affiliate advertising network

    Adtech
    Website
  2. ASP OL Media

    ASP OL Media provide global services in the advertising network and help the advertisers to evolve their business and receive benefits.

    Adtech
    See in list
  3. metalpace

    Smart Ads for Smart Brands

    Adtech
    See in list
  4. AdTriva

    Mobile ad network for banner ads

    Mobile advertising
    See in list
  5. adexpert.in

    Adexpert offers Free Classified Ads for Mobiles, Cars, Jobs, Apartments, Pets, Courses, Laptop and much more

    Adtech
    Website
73 companies in Maharashtra

Marketing technology companies

Campaign management, analytics and marketing automation tools.

  1. OnlineSales

    Cloud-based retail media development platform

    Adtech
    See in list
  2. Predis

    Cloud and AI based platform offering content performance analytics

    Generative ai
    See in list
  3. ProfitWheel

    Provider of ad analytics solutions

    Adtech
    See in list
  4. YuktaMedia

    Ad reporting and analytic paltform

    Adtech
    See in list
  5. TunicaLabs

    Online affiliate network and ad network solution

    Adtech
    See in list

Mobile advertising companies

In-app, location-based and mobile video advertising platforms.

  1. UPDATE GEOTARGET

    Provides a cloud based location advertising platform

    Adtech
    See in list
  2. mCanvas

    Mobile video advertising platform

    Mobile advertising
    See in list
  3. Local Offerwala

    App-based platform offering deals on multi-category products from local stores

    Adtech
    Website
  4. OfferLion

    Reward-based direct mobile ad channel

    Mobile advertising
    See in list
  5. AdTriva

    Mobile ad network for banner ads

    Mobile advertising
    See in list

Ad creatives & video tools

Creative management and AI tools for making ads and video content.

  1. Accio

    Provides an interactive video ad platform

    Adtech
    See in list
  2. Predis

    Cloud and AI based platform offering content performance analytics

    Generative ai
    See in list
  3. BrandPotion

    User generated advertising platform

    Adtech
    See in list
  4. Doographics

    Platform offering cloud based content creation, sharing and management solutions

    Sales force automation
    See in list
  5. Lemonpeel

    AI powered platform focused on film making and visual content creation

    Video creation tools
    See in list

Lead generation & sales tools

Platforms for generating, managing and syncing sales leads.

  1. Adviuz

    Cloud-based ad campaign management solutions provider

    Adtech
    Website
  2. metalpace

    Smart Ads for Smart Brands

    Adtech
    See in list
  3. LeadWorkX

    Lead generation and management platform

    Sales force automation
    See in list
  4. Leadzpipe

    Facebook advertising and lead synchronization platform

    Sales force automation
    See in list
  5. cubical media

    We are GOD at implementing Facebook Ads and YouTube ads with an exceptional ROI!

    Adtech
    Website

E-commerce & retail media advertising

Tools helping online sellers and retailers advertise.

  1. OnlineSales

    Cloud-based retail media development platform

    Adtech
    See in list
  2. TunicaLabs

    Online affiliate network and ad network solution

    Adtech
    See in list
  3. Hector

    Provider of Amazon advertising platform with optimization and automation capabilities

    Adtech
    See in list
  4. Adzurite

    Performance marketing platform that connects advertisers with affiliates

    Adtech
    See in list
  5. affineads.com

    Affiliate marketing network

    Marketingtech
    Website

AdTech startups in Maharashtra

Recently founded adtech companies in Maharashtra.

  1. VOISE

    Cloud and AI based native ad platform provider

    Adtech
    Website
  2. Local Offerwala

    App-based platform offering deals on multi-category products from local stores

    Adtech
    Website
  3. Adsnex

    AI-native advertising operating system that unifies ad creation, campaign management, optimization, and automation across multiple platforms

    Marketingtech
    See in list
  4. Lemonpeel

    AI powered platform focused on film making and visual content creation

    Video creation tools
    See in list
  5. CallPay

    Provider of a mobile application that monetizes user phone calls through ads

    Adtech
    See in list
12 companies in Maharashtra

AdTech companies hiring in Maharashtra

Adtech companies in Maharashtra currently hiring.

  1. Vertoz

    Provider of MadTech and CloudTech platforms for digital advertising solutions

    Marketingtech
    See in list
  2. AdElement

    Demand side platform for display ads

    Adtech
    See in list
  3. Predis

    Cloud and AI based platform offering content performance analytics

    Generative ai
    See in list
  4. YuktaMedia

    Ad reporting and analytic paltform

    Adtech
    See in list
  5. Adviuz

    Cloud-based ad campaign management solutions provider

    Adtech
    Website
12 companies in Maharashtra
Mobile reach

Top 8 adtech apps from Maharashtra

The most-installed Android apps published by adtech companies headquartered in Maharashtra — 233K installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
1

Social Media Posts - Predis AI

by Predis

Installs191K
Rating4.523K ratings
Installs, year on year+41%
Last updatedApr 2026
View on Google Play ↗
Social Media Posts - Predis AI screenshot 1Social Media Posts - Predis AI screenshot 2Social Media Posts - Predis AI screenshot 3Social Media Posts - Predis AI screenshot 4Social Media Posts - Predis AI screenshot 5Social Media Posts - Predis AI screenshot 6
3

Bunts' Sangha RNS Vidyaniketan

by eReleGo

Installs15K
Rating—
Last updatedOct 2025
View on Google Play ↗
Bunts' Sangha RNS Vidyaniketan screenshot 1Bunts' Sangha RNS Vidyaniketan screenshot 2Bunts' Sangha RNS Vidyaniketan screenshot 3Bunts' Sangha RNS Vidyaniketan screenshot 4Bunts' Sangha RNS Vidyaniketan screenshot 5Bunts' Sangha RNS Vidyaniketan screenshot 6
4

VEVE Market for Publishers

by VEVE

Installs2K
Rating—
Last updatedOct 2023
View on Google Play ↗
VEVE Market for Publishers screenshot 1VEVE Market for Publishers screenshot 2VEVE Market for Publishers screenshot 3VEVE Market for Publishers screenshot 4VEVE Market for Publishers screenshot 5VEVE Market for Publishers screenshot 6
5

Guess the Logo: Trivia Quiz

by mCanvas

Installs823
Rating—
Last updatedAug 2024
View on Google Play ↗
Guess the Logo: Trivia Quiz screenshot 1Guess the Logo: Trivia Quiz screenshot 2Guess the Logo: Trivia Quiz screenshot 3Guess the Logo: Trivia Quiz screenshot 4Guess the Logo: Trivia Quiz screenshot 5Guess the Logo: Trivia Quiz screenshot 6
6

JTicketing Event Manager

by Techjoomla

Installs602
Rating—
Last updatedSep 2025
View on Google Play ↗
JTicketing Event Manager screenshot 1JTicketing Event Manager screenshot 2JTicketing Event Manager screenshot 3JTicketing Event Manager screenshot 4JTicketing Event Manager screenshot 5
The business behind the activity

AdTech financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 13 adtech companies in Maharashtra for FY24-25 — 21 of the 122 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 91% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹374.61 cr

13 companies filing accounts

combined net profit₹27.96 cr

7.5% aggregate margin

are profitable69%

9 of 13 companies

median revenue~₹9.6 cr

the typical company

median revenue growth+31%

into FY24-25

earned by the top five91%

revenue concentration

Six-year view

Combined revenue of filing companies

₹120.46 crFY19-2012 filers
₹112.52 crFY20-2114 filers
₹188.29 crFY21-2215 filers
₹376.57 crFY22-2315 filers
₹361.22 crFY23-2415 filers
₹374.61 crFY24-2513 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 12 companies over three years

+9%
FY22-23₹345.11 cr−₹7.22 cr net
FY23-24₹351.00 cr₹25.27 cr net
FY24-25₹374.61 cr₹27.96 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr367% profitable
₹1–10 cr475% profitable
₹10–100 cr560% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking5
0–20%0
20–50%4
50–100%2
Doubled+1

12 companies with accounts for both years; median growth +31%.

Profitability

Profit is concentrated at the top

9profitable
4loss-making
7.5%aggregate margin
8.4%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
OnlineSalesOSX TECHLABS PRIVATE LIMITED+60%₹72.36 cr
VertozVERTOZ LIMITED+42%₹60.95 cr
AdElementADELEMENT MEDIA SOLUTIONS PRIVATE LIMITED+37%₹22.01 cr
AdsolutADSOLUT MEDIA PRIVATE LIMITED+25%₹121.26 cr
VservVSERV DIGITAL SERVICES PRIVATE LIMITED-19%₹62.54 cr
UPDATE GEOTARGETUPDATE ADVERTISING AND MARKETING PRIVATE LIMITED-42%₹15.05 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AdElementADELEMENT MEDIA SOLUTIONS PRIVATE LIMITED20.4%₹22.01 cr
OnlineSalesOSX TECHLABS PRIVATE LIMITED19.9%₹72.36 cr
AdsolutADSOLUT MEDIA PRIVATE LIMITED10.0%₹121.26 cr
VertozVERTOZ LIMITED8.4%₹60.95 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Adtech9₹242.97 cr~₹9.6 cr67%10.4%
Leaders

Largest adtech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
AdsolutADSOLUT MEDIA PRIVATE LIMITED₹121.26 cr₹12.18 cr10.0%+25%
OnlineSalesOSX TECHLABS PRIVATE LIMITED₹72.36 cr₹14.41 cr19.9%+60%
VservVSERV DIGITAL SERVICES PRIVATE LIMITED₹62.54 cr−₹3.62 cr-5.8%-19%
VertozVERTOZ LIMITED₹60.95 cr₹5.13 cr8.4%+42%
AdElementADELEMENT MEDIA SOLUTIONS PRIVATE LIMITED₹22.01 cr₹4.50 cr20.4%+37%
UPDATE GEOTARGETUPDATE ADVERTISING AND MARKETING PRIVATE LIMITED₹15.05 cr−₹4.24 cr-28.2%-42%
ProfitWheelPROFITWHEEL DATA TECHNOLOGIES PRIVATE LIMITED₹9.60 cr−₹2.25 cr-23.5%-17%
PredisEZML TECHNOLOGIES PRIVATE LIMITED₹6.77 cr₹7.48 lakh1.1%+50%
mCanvasMCANVAS ADVERTISING PRIVATE LIMITED₹1.38 cr₹1.00 cr72.6%-95%
AdzuriteADZURITE SOLUTIONS PRIVATE LIMITED
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

AdTech Industry Landscape of India

The financials above are one chapter. The full adtech landscape of Maharashtra maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the adtech landscape of Maharashtra
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

AdTech funding and M&A across India

116 recorded equity rounds have gone to 738 adtech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$1.10m

equity rounds, last 24 months4

US$4.07m

raised over five yearsUS$241.82m

29 rounds in India

M&A deals, India7

last 24 months

Capital by year

Equity funding into adtech in India

amount rounds
$496k20183
$102m201913
$148m20207
$3.1m20216
$220m202210
$10m20233
$4.3m20246
$3.0m20253
$1.1m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$220.15m across 10 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$712k3 rounds · median US$196k
SeedUS$15.92m21 rounds · median US$492k
Series AUS$10.37m2 rounds · median US$5.19m
Series CUS$14.82m2 rounds · median US$7.41m
Series D+US$200.00m1 rounds · median US$200.00m
Where the money went · five years

Most-funded sub-sectors

Vernacular platformsUS$200.00m1 rounds · 1 companies
AdtechUS$23.29m13 rounds · 10 companies
MarketingtechUS$13.37m5 rounds · 4 companies
Security & surveillance technologyUS$2.11m2 rounds · 1 companies
PaymentsUS$1.75m1 rounds · 1 companies
Generative aiUS$1.12m5 rounds · 2 companies
Mobile advertisingUS$192k2 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

7Acquisition

Most active acquirers

  1. Adcounty media1
  2. Vertoz1
  3. Shipping Agencies Services (SAS)1
  4. Adsplay1
  5. Lucent Industries1

Most acquired or merged

  1. Et medialabs2
  2. Adaxx Adtech & Media LLP1
  3. Webimax1
  4. Moby1
  5. Pixel Roads1

Each deal appears in the events strip at the top of the page.

Go deeper in the adtech landscape reports:

AdTech Industry Landscape of India

AdTech funding in Maharashtra

5 adtech companies in Maharashtra have recorded equity funding, US$28.20m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind adtech companies in Maharashtra. 55 of 122 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra adtech companies by sub-sector

The most common specialisations among adtech companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring adtech in India and nearby markets.

Coming soon