iCubesWire forecasts revenue of Rs 350 crore for this year; announces global expansion plan

iCubesWire, the digital ad tech platform, has forecasted top-line revenue of Rs 350 crore for the current year and also announced its expansion plans.

The company’s aspirations are focused on an exponential growth trajectory across several parameters, including revenue, team, geographies and the launch of advanced ad technology innovations, which will be added to the existing stacks.

The company currently has offices in Gurugram, Mumbai, Bengaluru, Jakarta, and Dubai. It has announced plans to expand its global footprint by establishing offices in Riyadh, Moscow and London in the coming months.

With a dedicated technology team of around 50 people, the company is concentrating its efforts towards making additions to the overall technology stack. This will further broaden the company’s portfolio of solutions to serve its customer base out of the geographies in which they operate.

The company has announced top-line revenue in the range of Rs 350 crore. The company’s client portfolio serves brands from various sectors, including e-commerce, FMCG, and travel brands, across its geographies.

Sahil Chopra, Founder and CEO, iCubesWire, said, “We are calling this year as the year of liberating growth and have plans to expand into new geographies, launching the most sought-after tech platform that will also add to the numbers. The projections for this year are at 400 CR of top-line revenue and will substantially increase the EBITDA of the company. The same will add immensely to the overall value generation. We aspire to remain 100% privately held and free of any external debt for most of this year as well.”

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