About Seventynine
Seventynine is a Media & Entertainment company based in Gurugram (India) founded in 2011, and was acquired by SVG Media in December 2014. In-app ad-serving platform focusing on video. The company has 25 employees. Its Indian entity Svg Media Private Limited reported revenue of ₹10.32 Cr. The company was acqui-hired. Its focus areas include Enterprise Applications, AdTech, Ad Network and Mobile.
Company details
Seventynine enables app developers to show premium ads in their mobile apps. Flagship product App jacket offers mobile SDK which can be integrated with mobile apps on multiple operating systems. Offers audience targeting, retargeting and performance anaytics capabilities to advertisers. Seventynine claims to provide superior video viewing experience for even 2G connections. Handles 1.8 billion ad requests. It was acquired by Networkplay in 2012 for US 7M and now belongs to GruhnerJahr. Pivoted its business from a mobile ad-network to an in-app video platform.
- Headquarters Gurugram, India
- Employees 25
- Stage Acquired
- SectorsMedia & Entertainment
- Website seventynine.mobi
- Social LinkedIn X
- Acquired by SVG Media (Dec 2014)
- Legal Name Svg Media Private Limited
- Date of Incorporation 22 May, 2007
- Jurisdiction Delhi, India
Associated legal entities of Seventynine
Seventynine operates through Svg Media Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Svg Media Private Limited CIN U45400DL2007PTC163788 | Amalgamated | 22 May 2007 | Delhi, Delhi | ₹10.3 Cr | 25 | 2 | View details |
Investors in Seventynine
Seventynine has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SVG Media.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital media network | 2006 | svgmedia.in | Gurugram, India |
Investor details for Seventynine
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Board of directors of Svg Media Private Limited (Seventynine)
Svg Media Private Limited is the primary company behind Seventynine. The board of Svg Media Private Limited currently have 2 directors; the longest-serving is Vinod Mohan Thadani, appointed in 2023. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinod Mohan Thadani DIN 09481086 | Director | 25 Mar 2023 | 3 yrs 7 mo | Svg Media Private Limited |
| Sujit Vijay Vaidya DIN 03287161 | Director | 06 Feb 2024 | 2 yrs 8 mo | Svg Media Private Limited |
Financials of Seventynine
Figures of Svg Media Private Limited, the primary company behind Seventynine, for FY 2024. Revenue was ₹10.32 Cr (+16% year on year). Net profit was ₹4.36 Cr (42% margin). EBITDA was ₹9.47 Cr (92% margin). Revenue has grown at a compounded annual rate of -56% over three years and -41% over five years.
- ₹10.32 CrRevenue · FY 2024 · +16% YoY
- ₹4.36 CrNet profit · 42% margin
- ₹9.47 CrEBITDA · 92% margin
- ₹2.7 LakhPaid-up capital
- 25Employees (provident fund records)
- -56%Revenue CAGR, 3 years
- -41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Svg Media Private Limited are on its company page.
Detailed financial statements for Seventynine
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Timeline of Seventynine
2 dated milestones of Seventynine across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Seventynine is founded.
- Exit Acquired by SVG Media.
Top companies in Mobile Advertising
2 companies that operate in the same segment as Seventynine (Mobile Advertising) in India, 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 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | USD 73.11 M | 493 |
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Related news about Seventynine
Complete news archive for Seventynine
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Frequently Asked Questions about Seventynine
Seventynine was founded in 2011.
Seventynine is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Seventynine has 25 employees.
The primary company behind Seventynine, Svg Media Private Limited, reported revenue of ₹10.32 Cr for FY 2024, up 16% year on year.
Seventynine enables app developers to show premium ads in their mobile apps. Flagship product App jacket offers mobile SDK which can be integrated with mobile apps on multiple operating systems. Offers audience targeting, retargeting and performance anaytics capabilities to advertisers. Seventynine claims to provide superior video viewing experience for even 2G connections. Handles 1.8 billion ad requests. It was acquired by Networkplay in 2012 for US 7M and now belongs to GruhnerJahr. Pivoted its business from a mobile ad-network to an in-app video platform.
Seventynine has 1 investor. Key investors include SVG Media.
Seventynine operates through Svg Media Private Limited.
Yes. Seventynine was acquired by SVG Media in December 2014.
The legal entities of Seventynine currently have 2 directors, including Vinod Mohan Thadani, Sujit Vijay Vaidya.