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Marketing tech firm Netcore expands global presence

Business Finance

IANS  |  Mumbai 

Marketing technology firm Netcore Solutions has announced that it has expanded its global presence with offices in the US, Malaysia, Indonesia and Nigeria.

Headquartered in Mumbai, the company is providing its services to over 3,000 enterprise brands globally -- delivering seven billion emails a month.

"We are the only Indian-origin company offering world-class, full stack omni-channel marketing automation solutions. To expand our reach, we are partnering with strong regional players," Kalpit Jain, Group CEO, Netcore Solutions, said in a statement.

Netcore has achieved 10 billion customer connects across various sectors via email, SMS, mobile, push notifications and digital marketing solutions - garnering over 40 per cent market share in email marketing.

The company has witnessed 40 per cent growth (year-on-year) over the last five years.

When it comes to the global market in marketing automation, it is forecast to grow at a CAGR of 9.32 per cent, to be worth $8.6 billion by 2025.

"There is a huge scope for opportunities in the global marketing technology industry. We are committed to building a strong customer base in these markets and look forward to exciting opportunities," said Abithab Bhaskar, CEO-International Business, Netcore Solutions.

Netcore continues to expand its Marketing Automation Solutions (MAS) offerings which include 'Smartech', analytics software, Artificial Intelligence (AI)/Machine Learning (ML) and conversational interfaces such as chatbot.



(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, January 25 2018. 11:36 IST