Partnership provides Indian advertisers expanded access to a booming mobile gaming industry
Bengaluru, India and San Francisco, CA - December 9, 2016 - InMobi, a global mobile advertising and discovery platform, today announced that it is partnering with Tapjoy, a leading platform for mobile advertising and app monetization, to monetize Tapjoy’s inventory in India.
Mobile gaming continues to see growing adoption in India. According to a report by Nasscom, mobile game downloads are expected to grow at a CAGR of 58% over the next five years, touching an estimated 5.3 billion downloads in 2020.
Capitalizing on this trend, InMobi’s partnership with Tapjoy presents a robust opportunity for Indian advertisers to enhance their reach to a wide selection of global mobile gaming apps. Tapjoy has 40 million unique users in India across popular mobile games such as 8 Ball Pool, Criminal Case, Shadow Fight 2, and Subway Surfers, and advertisers will be able to expand their reach beyond InMobi’s 135mn unique devices in India through access to Tapjoy’s India inventory.
Tapjoy’s Interplay ads help marketers connect with a qualified audience in premium apps. Tapjoy offers a complete suite of advertising products including engagement-based ad experiences like video and gamified rich media, as well as performance-based ad solutions to drive a direct response, grow advertisers’ consumer base, and increase in-app engagement.
“We are excited to be Tapjoy’s exclusive monetization partner in India. Mobile gaming is growing at an exponential pace in India and through this partnership, we are bringing the best of global mobile gaming inventory to advertisers in India who want to reach high-quality users,” said Vasuta Agarwal, VP and GM India, InMobi.
“InMobi is a fantastic partner for Tapjoy in India thanks to its long-standing reputation for delivering high-quality mobile advertising solutions for local performance advertisers and brand agencies,” said Paul Longhenry, SVP of Strategy, Business and Corporate Development for Tapjoy. "Our international game studio partners are seeing very strong growth with Indian consumers and we're excited to work with InMobi to ensure those audiences are presented with highly engaging rewarded ads from their favorite local brands."
About InMobi
InMobi enables consumers to discover new products and services by providing contextual and personalized ad experiences on mobile devices. Through its revolutionary advertising and discovery platform, app developers, merchants and brands can engage mobile consumers globally. Recognized by Fast Company as one amongst the Most Innovative Companies in the world for 2016, InMobi reaches over 1.5+ billion unique mobile devices worldwide.
About Tapjoy
Tapjoy’s mission is to help advertisers engage with mobile consumers through an in-app mobile value exchange. The company’s rewarded advertising platform for mobile apps uses market leading data science and predictive analytics to drive deeper engagement and more targeted advertising with each and every user. Tapjoy’s global reach is currently more than 520MM monthly active users (October 2016). Tapjoy is backed by top-tier investors, including J.P. Morgan Asset Management, Rho Ventures, North Bridge Venture Partners, InterWest Partners and D.E. Shaw Ventures. Headquartered in San Francisco, the company also has offices in New York, Los Angeles, Chicago, Santa Barbara, Atlanta, Boston, London, Beijing, Shanghai, Seoul and Tokyo. For more information, please visit www.tapjoy.com.
