About Chocolate
Chocolate is a Media & Entertainment company based in Fremont (United States) founded in 2007 by Srikanth Kakani and Saurabh Bhatia. It operates as a video SSP software is provided for programmatic advertising platforms. It operates on a SaaS (Software-as-a-Service) and Two-Sided Marketplace model. Chocolate has raised $3.4 million across 1 funding round. Its chief executive is Saurabh Bhatia. Chocolate offers products and services including Chocolate Premium. Its focus areas include Technology, Advertising Technology and Programmatic Advertising. Its legal entity in India is SILVERPUSH GLOBAL PTE LTD (U64200DL2007PTC214632). Its competitors include AerServ, AdSpruce, HyprMX, VideMob and AdKarma and 1 more.
Company details
Chocolate is established as a leading programmatic video advertising platform, specializing in server-side auctions. It operates as an invite-only video SSP, connecting premium brands with premium publishers at scale. Solutions are provided for advertisers seeking transparency and quality inventory for mobile video ads, and for publishers aiming to maximize eCPMs and fill rates. The platform focuses on high viewability, bid enrichment, and unique supply through in-stream and out-stream video ads. Its server-side technology ensures low latency and suitability for video and OTT advertising.
- Headquarters Fremont, United States
- Founders Srikanth Kakani, Saurabh Bhatia
- SectorsMedia & Entertainment
- Email••••••••
- Website chocolateplatform.com
- Social LinkedIn X Facebook
- Legal Name Silverpush Global Pte Ltd
- Date of Incorporation 20 Dec, 2007
- Jurisdiction New Delhi, Delhi, India
- Net Loss-₹24.9 Lakh
FY 2023 · 0% margin
- EBITDA-₹20.7 Lakh
FY 2023 · 0% margin
- Total Equity Funding$3.4M (USD)
in 1 rounds
- Latest Funding Round$3.4M (USD), Series B
Dec 2012
Associated legal entities of Chocolate
Chocolate operates through Vdopia Media And Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vdopia Media And Software Solutions Private Limited CIN U64200DL2007PTC214632 | Active | 20 Dec 2007 | New Delhi, Delhi | – | – | 2 | View details |
Products & Services of Chocolate
Chocolate offers a comprehensive portfolio of products and services, including Chocolate Premium.
A premium video SSP for programmatic advertising solutions.
Funding Insights of Chocolate
Chocolate has successfully raised a total of $3.4M through 1 strategic funding round. The most recent funding activity was a Series B round of $3.4 million completed in December 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.4M
- Total Rounds 1
- Last Round Series B — $3.4M
- First Round $3.4M
(Dec 2012)
All 1 funding rounds of Chocolate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2012 | $3.4M | Series B | – | – | – |
Board of directors of Vdopia Media And Software Solutions Private Limited (Chocolate)
Vdopia Media And Software Solutions Private Limited is the primary company behind Chocolate. The board of Vdopia Media And Software Solutions Private Limited currently have 2 directors; the longest-serving is Ashok Milind Donepudi, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashok Milind Donepudi DIN 08911006 | Director | 30 Sep 2020 | 6 yrs | Vdopia Media And Software Solutions Private Limited |
| Subhash Chand Sharma DIN 09497140 | Director | 10 Jan 2022 | 4 yrs 9 mo | Vdopia Media And Software Solutions Private Limited |
People of Chocolate
5 people are tracked at Chocolate (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Srikanth Kakani | Co-Founder & President | Leadership |
Saurabh Bhatia | Co-Founder & CEO | Leadership |
Anuj Chopra | Assosiate Director, Ad Ops | Leadership |
Budi Prakoso - | Business Development Manager - Indonesia & Malaysia | Team |
Recruiting Manager | Recruiting Manager | Team |
Complete people profiles for Chocolate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Chocolate
Figures of Vdopia Media And Software Solutions Private Limited, the primary company behind Chocolate, for FY 2023. Net loss was -₹24.9 Lakh (0% margin). EBITDA was -₹20.7 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹24.9 LakhNet loss · 0% margin
- -₹20.7 LakhEBITDA · 0% margin
- ₹35.4 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vdopia Media And Software Solutions Private Limited are on its company page.
Detailed financial statements for Chocolate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Chocolate
2 dated milestones of Chocolate across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Chocolate is founded.
- Funding First funding round of $3.4M.
Competitors of Chocolate
Chocolate has 6 listed competitors in our database. They include AerServ, AdSpruce, HyprMX, VideMob and AdKarma, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aerserv.com | 2012 | Los Angeles, United States | – | 75 | Mobile ad-serving and mediation platform for publishers is operated. | |
| adspruce.com | 2011 | London, United Kingdom | – | 13 | Mobile video ad network | |
| hyprmx.com | 2012 | New York, United States | – | – | Provides brand ad network for mobile apps and gaming monetization through integrations. | |
| videmob.com | 2014 | Or Yehuda, Israel | – | – | Serves as a supply-side platform for video advertising. | |
| adkarma.com | 2010 | Columbia, United States | – | – | Video supply-side Platform | |
| vidathonmedia.com | 2014 | London, United Kingdom | – | – | A mobile video supply-side platform for media distribution and advertising. |
Detailed competitors of Chocolate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Chocolate
The website of Chocolate (chocolateplatform.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 179.4% vs previous month
Top companies in Mobile Advertising
10 companies that operate in the same segment as Chocolate (Mobile Advertising), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering mobile ad network software | 2007 | Bengaluru, Karnataka, India | USD 265.6 M | USD 268.38 M | 733 | |
Consumer intelligence-driven mobile marketing platform is provided for user acquisition. | 2005 | Singapore, Singapore | USD 10 M | USD 288.73 M | 618 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 | |
Cloud based mobile marketing analytics and attribution platform | 2011 | San Francisco, California, United States | USD 1.3 B | – | 1,580 | |
Mobile advertising & monetization | 2007 | San Francisco, California, United States | USD 60.05 M | – | – | |
Cloud-based software for mobile marketing analytics is provided. | 2012 | Berlin, Berlin, Germany | USD 256.1 M | – | – | |
Cloud-based mobile advertising data management platform is provided. | 2014 | London, England, United Kingdom | USD 116.39 M | USD 182.71 M | – | |
Mobile apps are promoted and monetized via in-app video trailers. | 2011 | San Francisco, California, United States | USD 25.62 M | – | – | |
Game publishing solutions are provided by Supersonic for developers. | 2009 | Tel Aviv, Israel | USD 23.2 M | – | – | |
Customer data is collected and connected via API-based platform. | 2012 | New York, New York, United States | USD 266.6 M | – | 151 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Chocolate
Complete news archive for Chocolate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chocolate
Chocolate was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Chocolate is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Saurabh Bhatia is the current CEO of Chocolate. They have also founded this company.
Chocolate is a funded company, having raised a total of $3.4M across 1 funding round to date. The company's 1st funding round was a Series B of $3.4M, raised on Dec 2012.
Chocolate is established as a leading programmatic video advertising platform, specializing in server-side auctions. It operates as an invite-only video SSP, connecting premium brands with premium publishers at scale. Solutions are provided for advertisers seeking transparency and quality inventory for mobile video ads, and for publishers aiming to maximize eCPMs and fill rates. The platform focuses on high viewability, bid enrichment, and unique supply through in-stream and out-stream video ads. Its server-side technology ensures low latency and suitability for video and OTT advertising.
Chocolate offers Chocolate Premium.
Chocolate operates through Vdopia Media And Software Solutions Private Limited.
The legal entities of Chocolate currently have 2 directors, including Subhash Chand Sharma, Ashok Milind Donepudi.