Sunday, January 30, 2011

Reach360 Among Top Eight Finalists In Qualcomm Qprize 2010 India

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A unique opportunity provided by Qualcomm Ventures for innovative web and mobile startups like Reach360. Selected for its unique interactive mobile advertisement delivery technology, Reach360 is now among leading eight companies competing from India. The final presentations are scheduled for January12th in Mumbai, India where the finalists will pitch to the jury followed by questions and answer session. 

This is great encouragement to our team for our dedication towards innovating platforms and developing smart solutions in the field of online display advertisement. We have started porting our interactive ads on mobile devices recently and more than 60% of our interactive ads work well on mobiles”

We have been constantly upgrading our ad delivery technology by understanding common challenges in web and mobile display ad space. Ours is the first technology worldwide to convert static banners into interactive ads that add significant value to current advertisements while delivering over 300% return on investment for advertisers” adds Kiran N, Co-Founder. 

Qualcomm Ventures has launched a global competition for entrepreneurs and start-ups that are seeking their first round of funding. Grand Finals will take place on February 28th -March 1st in US. 
About Qualcomm Ventures. 
An international competition designed to launch great ideas from entrepreneurs who strive to bring technology innovation to market. Qualcomm Ventures is awarding $750,000 in seed capital via a series of six regional business plan competitions and one grand-final competition. Eight finalists will be selected in each region and the winner given the opportunity to receive $100,000 in convertible note funding plus an opportunity to compete for an additional $150,000 in our Grand Prize Competition.

About Reach360

Its technology is first in the world that converts static banners in to dynamic interactive ads. We offer various forms of interactive ads with advanced options for ad-delivery that allow advertisers to implement wide range of multimedia (rich media) advertisements right from FirstHook to ManhattanStyle banners. An interactive ad delivers significantly higher click through rate (CTR) and goes well with the brand. Reach360 was established in 2010 with a mission to provide smart solutions.


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