# Adonmo Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adonmo-private

- Industry: Marketing/Advertising
- Headquarters: Hyderabad, India
- Website: www.adonmo.com
- Total disclosed funding: $10M
- Latest round: Series B (Feb 19, 2024)
- Investors on record: 6

## About

Founded in 2017 and based in Telangana, India, Adonmo Private Limited operates as a provider of advertising solutions for outdoor locations and real-time analytics of the campaign. In March 2024, the firm raised INR 200 million in venture debt funding from investors Northern Arc and Alteria Capital. The round was part of a larger INR 782 million Series B and venture debt funding.

The company offers Digital Out-of-Home (DOOH) advertising solutions to its customers. AdOnMo's product portfolio includes a programmatic technology stack that enables brands to deliver advertising messages directly to a targeted audience. The network spans over 30,000 screens across 16 major Indian cities.

The company plans to use the March 2024 funding to facilitate its expansion into new markets and to meet the ongoing demand from customers.

## Funding rounds

- Series B, Feb 19, 2024, $9M — Qatar Insurance Company, Z Nation Lab, Rigel Capital
- Seed, Jan 23, 2019, $1.1M — Astarc Ventures, Capier Investments, Sharpe Ventures

## Investors

- Astarc Ventures (https://capitalatlas.ai/funds/astarc-ventures) — Seed
- Capier Investments (https://capitalatlas.ai/funds/capier-investments) — Seed
- Sharpe Ventures — Seed
- Qatar Insurance Company — Series B
- Z Nation Lab (https://capitalatlas.ai/funds/z-nation-lab) — Series B
- Rigel Capital (https://capitalatlas.ai/funds/rigel-capital) — Series B