Bangalore-based mobile advertising network InMobi has appointed Mr Sandeep Deshpande as the Country General Manager, India, and Mr Vishal Nongbet as Business Head of Brands. To tap the Indian mobile advertising market, the company has also recently opened offices in New Delhi and Mumbai.
According to a press statement, InMobi is banking high on the opportunities available in the Indian market. “With an increased penetration of smartphones across age groups and social strata, the mobile ad impressions too are witnessing an upsurge and the advertiser community is accepting this innovation. With the current mobile advertising market in India touching $25 million, it is expected to hit $60-80 million by 2014,” the statement said.