News

Archive for May, 2023

Dates : May 2023

Cookieless Ad Share Barely Budged in Q1: 33Across Report

May 22, 2023
While awareness of cookieless alternatives is interesting, the more important question is how many marketers are actually using them. This report by 33Across, which provides cookieless programmatic infrastructure, trumpets news that cooklieless ad CPMs average 21% less than cookie-based CPMs. They are more coy about revenue share, giving industry-by-industry details but no total. My math, which could be wrong, puts the figure about 23% for Q1 2023, maybe up 2% from the quarter before.
CDPI Newsletter

M-KOPA snaps up $250M+ debt, equity for its asset financing platform

May 18, 2023
M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” and the ability to pay for them via digital micropayments, has secured more than $250 million in new funding. The capital injection includes $55 million in equity and over $200 million in debt, huge sums in both categories that testify to strong fundamentals and solid performance for any growth-stage company in this venture capital’s current contraction.
CDPI Emerging Markets

Nigeria’s fitted is using machine learning to make the tailoring industry more efficient

May 18, 2023
Nigerian startup fitted has developed a digital platform that uses machine learning to eliminate inefficiencies in the custom tailoring industry. With its proprietary AI tool, the startup auto-generates and stores customer measurements, cutting down measurement time by around 90 per cent. Its cloud-based platform allows tailors to process and track orders, accept payments globally, connect to suppliers, and engage directly with their customers.
CDPI Emerging Markets

Web Werks launches data center in Hyderabad

May 18, 2023
Indian data center operator Web Werks has launched a new data center in Hyderabad in partnership with Iron Mountain. The Web Werks – Iron Mountain Data Centers Joint Venture (JV) announced the launch of its first data center on its campus in the city, located in Telangana state. Located in the Kondapur region in Hyderabad, the Tier III quality HYD-1 data center spans 120,000 square feet (11,100 sqm) and offers 5.5MW of IT load in its first phase.
CDPI Emerging Markets

Bajaj Finance Limited Auto Finance wheels in faster, easier lending journeys with Salesforce

May 18, 2023
BFL-AF, a subsidiary of Bajaj Finance Limited, began looking for a unified digital loan origination platform – one that would automate customer acquisition and loan sourcing, improve employee productivity, and digitally enable the dealer ecosystem. Salesforce stood out for its stability, scalability, and lower total cost of ownership. The low-code/ no-code platform also helps us roll out new processes faster, thereby strengthening our competitive edge.
CDPI Emerging Markets