🚀Adtech startup AdOnMo raises a whopping $6.99M in Series B1 funding!💰Ravindranath Kancherla & son, Qatar Insurance Company, and ZNL Growth join the party.🥳

💼AdOnMo's outdoor advertising solutions are on fire, with revenue surging 4X to INR 75 crore in FY23!🔥

🌐The company plans to use the fresh capital to expand its business operations and meet working capital requirements.📈

🍽️Fun fact: Foodtech giant Zomato invested $15M in AdOnMo in 2022, acquiring a 19.8% stake.🍔

🇮🇳India's Out-of-Home (OOH) advertising market is booming, with ad spending expected to reach $589.7M in 2024.🌟

What do you think about AdOnMo's growth? Share your thoughts in the comments!👇 #DeFi #Web3 #Technology