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Vertoz Advertising Ltd, founded in 2012, is an ad-tech Co. that offers data-driven marketing, advertising and monetization solutions to Digital Marketers, Advertising Agencies and Digital Media businesses using the latest technologies. The company has in-house developed its full-stack and has also acquired various components to complement its products.
Vertoz's board approved acquiring 100% of Tavento Labs Inc. for up to ₹101 Cr. Tavento is a US-based AI-native cybersecurity and digital trust platform company. This strategic move aims to expand Vertoz's presence in digital and financial technology by leveraging Tavento's advanced tech, research, and cybersecurity capabilities for enterprise applications....
Vertoz's Board greenlit a capital hike to ₹122.95 Cr and the 100% acquisition of cybersecurity firm Tavento Labs for up to ₹101 Cr. This involves a preferential issue of 2.29 Cr shares at ₹44. Shareholder approval for these moves is sought at the 15th AGM on Sep 29.