NEW DELHI: Vdopia, the online and mobile video monetisation company, has announced that it has turned profitable after experiencing a record growth in advertising revenues last quarter.

The fastest growing online video ad network has experienced a 380 per cent increase in QoQ earnings received from advertising dollars spent on its online video and rich media advertising solutions.

Incepted in the year 2009, Vdopia leads the online video advertising industry with 80 per cent market share. With the largest online video inventory, Vdopia serves over 100 million video impressions every quarter; reaching over 10 million unique users across 120 publishers on an exclusive basis.
 
Vdopia’s extensive ad network comprises premium publishers like NDTV, MSN, Web 18 Group, India Today Group, Sify, Bollywood Hungama, Daily Motion.com, ESPN, Zee group, CricketNirvana, Metacafe and Mochimedia. 
 
With its three offices in India and a global team of 50 employees, Vdopia expects to aggressively expand in the coming months. The company has charted out plans to add new office locations, recruit more staff and expand business to the Far East & APAC regions.