To help Indian brands devise digital marketing and advertising strategies on its platform, Facebook has tied up with Tookitaki, an Indian advertisement technology startup doing market research, branding and digital media delivery.
As most of Facebook’s revenues comes from advertising, the company is trying everything it can to make it easy for brands to advertise on its platform. It becomes all the more importnat w.r.t India, considering India has the largest number of Facebook users after the U.S., but contributes only a fraction to Facebook’s revenues. It is still looking to tie up with many other companies to help Indian companies advertise on Facebook and Instagram.
Kiran Raghavan, Regional manager for preferred marketing developer at Facebook, said,
India is a focus area for us and the e-commerce industry is our current priority. We will look for partners who can create more value for the ecommerce industry. We will also identify more industries which can be priority for us.
Headquartered in Singapore, Tookitaki was founded in 2013 by Abhishek Chatterjee and Jeeta Bandopadhyay. It is a data intelligence startup focused on consumer behaviour discovery and prediction.
It is a content prediction and distribution platform which uses big data to build a content predicting engine. The data collected can be used to identify content with which the audience is engaging, and use as a proxy to target audiences across marketing channels.
Till now, Tookitaki has raised more than $1.4 million in 5 funding round from 10 investors, including Blume Ventures, India Internet Fund, Microsoft Ventures, Jungle Ventures, among others. It’s client list includes Hindustan Unilever Limited, BIBA, yatra.com, Quickr, PayTM, Star Network, etc.
Being Facebook Marketing Partner with Ad Technology specialties, Tookitaki helps marketers deliver large, sophisticated ads on Facebook with efficiency across devices and objectives ranging from mobile app, lead generation, branding to online sales.
