Mobile advertising firm Mobvista is planning to invest $100 million in its Indian business by 2018.
The company is also planning to establish an office in New Delhi by end-2015. The company is of the view that this will enable them to better engage with local partners and stakeholders as well as focus on various other investment opportunities in the Indian market.
At present, Mobvista has around 20 clients in India including Flipkart, Paytm, OLX, Jabong, Freecharge, Yatra and Newshunt. The company expects to add another 30 clients in the forthcoming future.