Telemedia leads $30 mn funding round in Instart
New Delhi: Singapore’s ST Telemedia (STT) has led a $30-million round in Us-based digital experience platform provider Instart Logic. In a statement on 2 November, Instart Logic said it will use the funding for global expansion and to extend its artificial intelligence-powered digital experience platform. “We will also use these new funds to expand initiatives that help publishers monetize their content through digital advertising. Due to increasing adoption of ad blocking software, publishers are seeing up to a 15% decrease in online revenue,” said Manav Mital, CEO and founder of Instart Logic.