Radar Landscapes AdTech Landscape of India
AdTech industry in India — illustrated cover for the AdTech Landscape of India
Radar · Industry landscape · India

AdTech Landscape of India

4,521 AdTech companies in India, in one picture: who is hiring, who is raising money, who founded them, where they are based, what the news is about and which skills employers want. Updated August 2026.

4,521companies tracked
$3.6Bdisclosed funding
362hiring right now
768events · 24 months
33,858news articles · 12 months

Who leads AdTech in India

Shows the top AdTech firms in India by hiring activity, funding, and coverage, noting 4,521 companies tracked, 362 currently hiring, and 314 with disclosed funding rounds.

open roles
Hiring now
ranked by live open roles
  1. 01AdElement8last posted Jun 2026
  2. 02LeadSquared8last posted Aug 2026
  3. 03AppVersal8last posted Aug 2026
  4. 04One Impression7last posted Jul 2026
  5. 05Freshworks6last posted Aug 2026
  6. 06BiteSpeed6last posted Jul 2026
  7. 07Hatch6last posted Aug 2026
  8. 08AiSensy6last posted Aug 2026
362 companies hiring · 113 posted in the last 30 days
disclosed funding
Most funded
disclosed totals, all rounds
  1. 01InMobi$815.6MConventional Debt · Dec 2025
  2. 02Glance$413MVenture Debt · Mar 2025
  3. 03Freshworks$400.1MSeries H · Nov 2019
  4. 04Amagi$364.2MSeries F · Nov 2022
  5. 05LeadSquared$203.6MSeries C · Jun 2022
  6. 06Wingify$150.3MSeries A · Mar 2026
  7. 07Capillary Technologies$147.1MConventional Debt · Jun 2023
  8. 08Komli$97MSeries D · Oct 2013
314 companies with disclosed rounds · $3.6B total
revenue
Revenue leaders
official filings first, else latest snapshot
  1. 01Freshworks$228.6MFY2022 filing
  2. 02Amagi$141.6MFY2023 filing
  3. 03InMobi$59.6MFY2022 filing
  4. 04Rebrandly$42.5MFY2024 filing
  5. 05CACTUS$36.6MFY2021 filing
  6. 06LeadSquared$32.7MFY2024 filing
  7. 07The Media Ant$24.7MFY2022 filing
  8. 08Capillary Technologies$20.3MFY2025 filing
215 companies with a revenue figure
headcount
Largest teams
ranked by tracked headcount
  1. 01Freshworks4,900tracked employees
  2. 02PharynxAI1,906tracked employees
  3. 03LeadSquared1,027tracked employees
  4. 04CACTUS756tracked employees
  5. 05Enago713tracked employees
  6. 06Amagi694tracked employees
  7. 07Hurix Digital519tracked employees
  8. 08Capillary Technologies518tracked employees
164 companies with headcount data
share of events
Share of voice
share of all tracked sector news events, 24 months
  1. 01Adonmo27.7%588 tracked events
  2. 02Freshworks18.2%387 tracked events
  3. 03Amagi9.6%204 tracked events
  4. 04Zoho8.1%172 tracked events
  5. 05InMobi4.3%92 tracked events
  6. 06Capillary Technologies4.1%87 tracked events
  7. 07CACTUS3.0%63 tracked events
  8. 08Vertoz2.1%44 tracked events
2,121 tracked events across 91 companies
articles
In the news
Prism news coverage, last 12 months
  1. 01Freshworks243articles in the window
  2. 02InMobi219articles in the window
  3. 03Amagi149articles in the window
  4. 04Capillary Technologies106articles in the window
  5. 05Qoruz79articles in the window
  6. 06LeadSquared59articles in the window
  7. 07Netcore Cloud58articles in the window
  8. 08Wondrlab57articles in the window
70 of these companies drew sector coverage in the window
Radar

See all 4,521 AdTech companies in India

Filter by funding, headcount, hiring and location, and export the list.

How the AdTech ecosystem in India grew, 2016–2025

Displays the annual count of new AdTech companies, with a peak of 439 founded in 2023 and 222 founded in 2025.

Companies founded / year
new AdTech companies in India
2016: 2762017: 2712018: 2732019: 3152020: 3642021: 3152022: 3242023: 4392024: 3742025: 222
20162025
peak 439 in 2023
Companies raising / year
with a disclosed round that year
20162025
peak 73 in 2022
Disclosed funding / year
sum of disclosed rounds (USD)
2016: 125,748,0892017: 31,014,8602018: 161,718,2682019: 301,255,7712020: 247,880,3892021: 209,999,5372022: 747,723,3112023: 110,058,4832024: 226,117,1722025: 433,175,560
20162025
peak $747.7M in 2022

Where AdTech companies in India are based

Bengaluru skyline — AdTech hub in India
Hub 01
Bengaluru
769 AdTech companies
28% of the AdTech companies across these hubs
769companies
$2.2Bdisclosed funding
76hiring now
Photo Wikipedia · Bangalore · CC BY-SA 4.0
Mumbai skyline — AdTech hub in India
Hub 02
Mumbai
421 AdTech companies
15% of the AdTech companies across these hubs
421companies
$257.5Mdisclosed funding
46hiring now
Photo Wikipedia · Mumbai · CC BY-SA 4.0
Delhi skyline — AdTech hub in India
Hub 03
Delhi
405 AdTech companies
15% of the AdTech companies across these hubs
405companies
$196.8Mdisclosed funding
35hiring now
Photo Wikipedia · Delhi · CC BY-SA 4.0
Gurugram skyline — AdTech hub in India
Hub 04
Gurugram
296 AdTech companies
11% of the AdTech companies across these hubs
296companies
$227.2Mdisclosed funding
45hiring now
Photo Wikipedia · Gurgaon · CC BY-SA 4.0
Hyderabad skyline — AdTech hub in India
Hub 05
Hyderabad
233 AdTech companies
8% of the AdTech companies across these hubs
233companies
$131.5Mdisclosed funding
16hiring now
Photo Wikipedia · Hyderabad · CC BY-SA 4.0
Noida skyline — AdTech hub in India
Hub 06
Noida
223 AdTech companies
8% of the AdTech companies across these hubs
223companies
$33.1Mdisclosed funding
24hiring now
Photo Wikipedia · Noida · CC BY-SA 4.0
Chennai skyline — AdTech hub in India
Hub 07
Chennai
208 AdTech companies
8% of the AdTech companies across these hubs
208companies
$417.6Mdisclosed funding
12hiring now
Photo Wikipedia · Chennai · CC BY-SA 4.0
Pune skyline — AdTech hub in India
Hub 08
Pune
195 AdTech companies
7% of the AdTech companies across these hubs
195companies
$17.8Mdisclosed funding
18hiring now
Photo Wikipedia · Pune · CC BY-SA 4.0

The AdTech market map of India: what these companies actually do

Breaks down the product types these firms build, highlighting enterprise tech (3,578) and SaaS (2,398), and shows subscription (3,219) and advertising (1,599) as the most common revenue models.

The biggest kinds of AdTech company, by how many we track.

Enterprise Tech — a AdTech sub-vertical
Sub-vertical 01
Enterprise Tech
3,578 companies
3,578companies
$3.1Braised
295hiring
Enterprise Software — a AdTech sub-vertical
Sub-vertical 02
Enterprise Software
2,830 companies
2,830companies
$2.1Braised
229hiring
SaaS — a AdTech sub-vertical
Sub-vertical 03
SaaS
2,398 companies
2,398companies
$1.8Braised
181hiring
Consumer Digital — a AdTech sub-vertical
Sub-vertical 04
Consumer Digital
450 companies
450companies
$1.3Braised
34hiring
Lead Management — a AdTech sub-vertical
Sub-vertical 05
Lead Management
296 companies
296companies
$20.9Mraised
15hiring
Lead Generation — a AdTech sub-vertical
Sub-vertical 06
Lead Generation
269 companies
269companies
$17Mraised
20hiring
Conversion Rate Optimization — a AdTech sub-vertical
Sub-vertical 07
Conversion Rate Optimization
264 companies
264companies
$192.4Mraised
14hiring
Retail Tech — a AdTech sub-vertical
Sub-vertical 08
Retail Tech
208 companies
208companies
$616Mraised
35hiring
  • Enterprise Tech3,578 companies · $3.1B raised · 295 hiring
  • Enterprise Software2,830 companies · $2.1B raised · 229 hiring
  • SaaS2,398 companies · $1.8B raised · 181 hiring
  • Consumer Digital450 companies · $1.3B raised · 34 hiring
  • Lead Management296 companies · $20.9M raised · 15 hiring
  • Lead Generation269 companies · $17M raised · 20 hiring
  • Conversion Rate Optimization264 companies · $192.4M raised · 14 hiring
  • Retail Tech208 companies · $616M raised · 35 hiring
  • Commerce Enablers193 companies · $200.8M raised · 34 hiring
  • Marketplaces174 companies · $19.8M raised · 20 hiring
  • Artificial Intelligence170 companies · $87.5M raised · 20 hiring
  • Whatsapp for Business160 companies · $37.8M raised · 12 hiring

Monetization

How AdTech companies make money

How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.

Subscription3,219
Advertising1,599
E-Commerce - Service1,122
Commission on Transaction594
Affiliate Marketing242
Fee-For-Service238
E-Commerce - Product114
Sponsorship68

Funding, M&A and the deals moving AdTech in India

Counts 768 corporate events over the past two years, including 161 key‑people moves, 124 earnings releases, and 88 IPOs.

Leadership 161Earnings 124Product 107IPO 88Announcement 84Funding 82M&A 64Contracts 16Jobs 12Capital 11
  • FundingSaaS major Wingify is raising ₹1,381 Cr (nearly $149 Mn) in a strategic round led by majority shareholder and private equity (PE) firm Everstone Capital.2026-04-06
  • IPOThe shares of the company under IPO were issued at a price of Rs 146.2026-03-25
  • FundingWestern Fibre Communications Corp., doing business as Moby (www.getmoby.com), an independent Canadian fibre-network telecommunications provider, today announced the successful first close of its Series A Class A Preferred Share financing.2026-03-24
  • FundingWith the Series A, we are looking to enter the US market.2026-03-23
  • M&Ahas acquired Whoppl, one of India’s fastest-growing creator and digital-first marketing companies.2026-03-18
  • M&AMonths after a fresh capital infusion of $5 Mn, enterprise tech startup Nitro Commerce has acquired Gurugram-based AI copilot company Zodiac Labs AI for an undisclosed amount.2026-03-09
  • FundingCreator-focused commerce startup Wishlink has raised $17.5 million in a Series B funding round led by Vertex Ventures Southeast Asia & India.2026-02-28
  • M&ACapillary Technologies, a global leader in AI-powered customer loyalty and engagement solutions, today announced it has entered into a definitive agreement to acquire SessionM, the customer engagement and loyalty company, from Mastercard.2026-02-26
  • M&AWondrlab has been in advanced discussions to acquire Sam Balsara’s Madison in a transaction widely pegged at around ₹1,000 crore.2026-02-26
  • M&ACash Ur Drive Marketing Limited (NSE: CUDML | INE0WL201014), one of India’s fast-growing sustainable transit media companies, has announced the acquisition of a 50% equity stake in Charjkaro Greentech Mobility Private Limited, marking a strategic move to expand its footprint within the electric mobility ecosystem.2026-02-23

Mergers and acquisitions

Deals from the last 24 months where a AdTech company in India was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.

AcquirerTargetDeal valueStatusDate
mgageUnicel TechnologiesundisclosedAnnounced2026-05-26
everstone capitalWingify$200MAnnounced2026-04-06
Wingifyab tastyundisclosedAnnounced2026-04-06
Wondrlabmadison worldundisclosedAnnounced2026-03-31
Good Glamm GroupVidoolyundisclosedAnnounced2026-03-25
think9WhopplundisclosedAnnounced2026-03-19

Who is listing, hiring leaders, launching and winning work

Details specific events such as IPO filings, leadership changes, product launches, and contract wins for the sector.

IPO pipeline
15 companies listed or filing · last 24 months
  • AmagiOFS · BSE Limited and National Stock Exchange of India Limited · 56 reportsApr 2026
  • Novus Loyalty.IPO · BSE · 6 reportsMar 2026
  • Capillary TechnologiesIPO · BSE · CAPILLARY · 31 reportsFeb 2026
  • FreshworksIPO · Nasdaq · FRSH · 3 reportsFeb 2026
  • InMobiIPO · Mumbai · 4 reportsFeb 2026
  • AdCounty MediaIPO · BSE SME · 5 reportsDec 2025
  • ZohoIPO · 1 reportSep 2025
  • iCodexIPO · BSE SME · 7 reportsAug 2025
Leadership moves
40 tracked people moves · last 12 months
  • FreshworksKuntal Vahalia · Appointment → Senior Vice President for the partner channelApr 2026
  • RocketiumSharon Foo · Appointment → Executive PartnerApr 2026
  • RocketiumHitesh Mehta · Appointment → Executive PartnerApr 2026
  • FreshworksMika Yamamoto · Departure — was Chief Integrated Customer Growth OfficerApr 2026
  • FreshworksIan Tickle · Appointment → Chief Revenue OfficerApr 2026
  • Capillary TechnologiesSumit Kumar · Appointment → President of the Middle East, Africa & IndiaApr 2026
  • VertozGaurav Bhagnani (Ghanshyam) · Appointment → Senior Marketing ManagerApr 2026
  • Silver PushChaitanya Sinha · Appointment → Managing Director – APACMar 2026
Product launches
tracked launches · last 12 months
  • DashLocDashVoice (Voice AI solution)May 2026
  • InMobiInMobi Ad Experiences (Advertising Platform)Apr 2026
  • AmagiAdFlow Orchestrator (Intelligent advertising and stream event management system)Apr 2026
  • AmagiAgentic Media Operations (Media Operations)Apr 2026
  • Tonic WorldwideGroth (full-funnel marketing intelligence platform)Feb 2026
  • AirtoryGlobal Curated Marketplace (Marketplace)Feb 2026
  • ZohoZoho ERP (Enterprise Resource Planning (ERP) Solution)Jan 2026
  • FreshworksFreddy (AI platform)Jan 2026
Contract wins
10 customer wins · last 24 months
Earnings pulse
companies reporting results · last 24 months
16 companies reporting126 company-quarters trackedbeat 28miss 3in line 3

Half of these companies grew revenue faster than +18.9%, half slower.

Who is building AdTech in India

Profiles 2,940 founders and CEOs across 2,017 firms, noting IIT Delhi (55 alumni) and Microsoft (35 former employees) as the most frequent alma mater and prior employer.

Founders and chief executives12 of 2,940, from the best-funded companies on this page
Piyush Shah
Co-Founder
Piyush Shah

Ex-Deutsche Bank, Citigroup, Co-Founder LearningSpiral.com. Delhi College of Engineering BE 2001, Indian School of Business MBA 2004

Naveen Tewari
Founder & CEO
Naveen Tewari

Narayana Health · ex-Paytm, Charles River Ventures · Harvard Business School, 2005

Girish Mathrubootham
Co-Founder
Girish Mathrubootham
repeat founder

Ex-Zoho, AdventNet, eFORCE, HCL Cisco ODC. Shanmugha Arts, Science, Technology and Research Academy BE 1996, University of Madras MBA 1998

Srinivasan Arunachalam
Co-Founder & CRO
Srinivasan Arunachalam

Ex-Co-Founder Impulsesoft, SiRF Technology, IDeaS, Texas Instruments. Government College of Technology Coimbatore 1995

Nilesh Patel
Co-Founder & CEO
Nilesh Patel
repeat founder

MarketXpander Services, ex-Symphony Services, Proteans Software Solutions, IBM. Delhi University BE 1999

Sridhar Bollam
Chief Customer Officer, North America & Co-Founder
Sridhar Bollam

Capillary Technologies, ex-Cequity Solutions, ex-Adventity Global Services, Indian Institute of Technology, Kharagpur, 2008

Sravanth Gajula
Co-Founder
Sravanth Gajula

Ex-Microsoft, WebileApps, John Hancock Financial Services, Jet Support Services. KL University BTech 2007, University of Kentucky MS 2008, ISB 2014

Sreeram Venkitaraman
Co-Founder
Sreeram Venkitaraman

Goapptiv, ex-Health Care Industry, ex-Pfizer, Indian Institute of Technology, Bombay, 2018

Bharat Shekhawat
Co Founder & Head Of Engineering
Bharat Shekhawat

Ex-Redcastle, Bigpaa · University of Rajasthan BE 2009

Avlesh Singh
Co-Founder & CEO
Avlesh Singh
repeat founder

Ex-Infomedia18, Burrp. IIT, Dhanbad BE 2005

Harish Bahl
Co-Founder
Harish Bahl
repeat founder

Founder Smile Group, SingleInterface, Zupee, ex-Founder Quasar. SDM College of Engineering and Technology BTech 1994

Chandan Yadav
Co-Founder
Chandan Yadav

Indian Institute of Technology, Delhi Bachelor of Technology (BTech) 2013

Where the founders studied
alma mater on record for 460 of 2,940 founders
IIT Delhi55
IIT Bombay50
BITS Pilani44
IIT Madras31
IIT Roorkee31
Indian School of Business28
IIM Ahmedabad28
IIT Kharagpur28
Where they worked before
a previous employer on record for 140 of 2,940 founders
Microsoft35
Amazon34
Flipkart15
Intel10
Google10
Zoho9
McKinsey8
Cisco8
Founders flagged as repeat founders
of 2,596 founders with a profile on this page
55
carry a repeat-founder flag
  • flagged as repeat founders55
  • no repeat-founder flag2,541
Women and men among the founders
first names matched for 2,424 of 2,940 founders
10%
of matched founders are women
  • women246
  • men2,178
Inferred from first names, using 119 million people who state their own gender: a first name counts only where at least 20 of them share it and at least 90% of those share the same gender. The other 516 founders go in neither column.
Radar

Look up the people behind AdTech companies in India

Search founders, executives and operators by company, role and location.

Who funds AdTech in India

Records 690 funding rounds since 2016 from 2,860 investors, with an average round size of $302 k.

Investor · most active investors since 2016RoundsLedLatest
Angel List235Oct 2025
Accel1811Nov 2022
LetsVenture186Feb 2024
Wellfound173Mar 2024
Venture Catalysts138Mar 2025
Indian Angel Network135Aug 2025
Peak XV Partners118Feb 2026
Blume Venture114Oct 2023
Whiteboard Capital114Jan 2024
Mumbai Angels104Jun 2022
Stage mix · rounds since 2016
Seed & Angel531
Series A–B92
Series C+ / PE19
Grants, debt & other48

The typical round is $302k — half were bigger, half smaller.

The biggest AdTech funding rounds in India

Highlights the largest disclosed round—Glance’s $200 M Series D—and lists ten other large recent rounds.

CompanyRoundSizeWhenBackers
GlanceSeries D$200MFeb 2022Jio
InMobiSeries C$200MSep 2011SoftBank Vision Fund
LeadSquaredSeries C$153MJun 2022WestBridge Capital, Gaja Capital, IFC +5 more
WingifySeries A$150.3MMar 2026Shivanand Shankar Mankekar, Laxmi Mankekar, Kedar Mankekar +11 more
FreshworksSeries H$150MNov 2019Accel, CapitalG, Google +1 more
GlanceSeries B$145MDec 2020Google, Mithril
AmagiSeries E$100MSep 2021Accel, Avataar Ventures, Premji Invest +2 more
FreshworksSeries G$100MJul 2018Accel, CapitalG, Tiger Global Management +1 more
AmagiSeries F$100MNov 2022TK Kurien, General Atlantic, Accel +4 more
AmagiSeries E$95MMar 2022Accel, Avataar Ventures, Norwest
Venture round sizes · 2023–2025
<$1M83
$1–10M37
$10–50M7
$50–250M0
>$250M0

127 venture rounds with a disclosed amount in the window.

Fresh cheques · last 6 months

What the news says about AdTech in India

Counts 33,858 news articles in the last year, most often covering market research, product launches, technology adoption, and strategic partnerships.

News volume
AdTech coverage across India · articles per quarter
2021Q2: 4,7962021Q3: 8,5602021Q4: 5,3072022Q1: 7,3092022Q2: 6,5362022Q3: 9,3072022Q4: 7,1672023Q1: 8,8772023Q2: 8,1062023Q3: 12,8772023Q4: 8,5032024Q1: 7,6932024Q2: 7,9742024Q3: 8,6742024Q4: 9,2742025Q1: 9,7492025Q2: 6,3282025Q3: 8,1782025Q4: 7,4852026Q1: 10,313
2021Q22026Q1
peak 12,877 in 2023Q3 · 33,858 articles in the last 12 tracked months
Tone of coverage
share of articles by dominant sentiment (positive / neutral / negative)
202120232025
Positive-tone share moved 88% → 87%, negative 11% → 12% across 2021–2025.

What the coverage is about

The subjects that dominate AdTech news in India. The arrow shows whether each one is being written about more or less than a year ago.

  • Market research and consumer behavior analysis7,006▲+17%
  • New product launches and innovations3,221▲+54%
  • Technology adoption and digital transformation3,041▲+40%
  • Strategic partnerships and collaborations2,759▲+36%
  • Competitive analysis and market positioning2,728▲+47%
  • Executive leadership changes and appointments1,963▲+58%
  • Industry-specific business trends1,464▲+105%
  • Industry awards and recognition announcements1,432→-8%
  • Social media marketing campaigns1,051→+6%
  • Global marketing and localization995▲+34%
Most-covered companies · last 12 months

70 AdTech companies here were named in the news over this period.

Prism

Watch AdTech coverage in India as it happens

Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.

Momentum

The words getting louder — and quieter

Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.

innovative product+119%in-store promotions+388%retailtainment strategies+577%digital initiative+71%digital strategy+69%consumer trends+119%innovation+170%bus service changes+54%intercity bus routes+83%intercity bus connections+73%
analytics tools-36%marketing automation platforms-36%sales engagement platforms-37%regulatory advertising frameworks-45%truth-in-advertising laws-43%

The pressures the press keeps returning to

Three recurring angles in India AdTech coverage, and whether each is getting more attention year on year (through 2025).

Regulatory Risk ▲ rising
40,681 articles touch this dimension · 41.1% critical tone
20212025
signals: truth-in-advertising laws, regulatory advertising frameworks, socially responsible ads
Funding Momentum → flat
10,511 articles touch this dimension · 43.3% critical tone
20212025
signals: funding announcement, pre-ipo valuation, ipo prospectus
Growth ▲ rising
43,489 articles touch this dimension · 19.6% critical tone
20212025
signals: purchase intent research, consumer trends, ad revenue

AdTech jobs in India: who is hiring and what they ask for

Lists 1,511 job postings from 367 employers in 12 months, with top skills in Python, SQL, JavaScript, Java, AWS and a median salary of $7 k per year.

1,511postings · last 12 months
2,053postings tracked overall
367employers advertising
$7kmedian advertised salary/yr (n=357)

Demand

The Skills Employers Ask For

What AdTech employers in India put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.

  • python217
  • sql145
  • javascript142
  • java104
  • aws103
  • mysql92
  • communication skills90
  • sales88
  • excel76
  • crm tools69
What level are these roles?
Entry46
Intern121
Senior376
Lead260
Manager317
What they pay, by level
  • Senior$11k/yr (n=38)
  • Manager$8k/yr (n=42)
  • Lead$13k/yr (n=37)
Most advertised titles
  • Customer Success Manager12
  • Business Development Manager12
  • Business Development Executive10
  • Fullstack Developer9
  • Product Manager9
  • Sales Development Representative9

26 internships were advertised in the last 12 months, across 18 of these companies.

Keep going

Track AdTech in India beyond this page

Radar finds and filters the companies. Prism watches what is being said about them.

About this data: built from Fliar's company, founder, funding, hiring, jobs and news trackers, covering India. Counts are of companies we track, not of every company that exists. Updated August 2026.
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