MUMBAI: Online advertising company Komli Media has elevated Prashant Mehta to the position of chief executive officer. He was earlier functioning as chief operating officer.

In his new role, Mehta will lead all operational, financial and strategic areas of the company’s business globally. He has also joined the company‘s board.
 
Said Komli Media founder and chairman Amar Goel, “Mehta‘s strong leadership skills, industry experience and business acumen have helped Komli Media expand aggressively in the last two years. The launch of our Bangalore centre confirms our commitment to hiring the best and building the most innovative products for digital media.”

As COO at Komli Media, Mehta was instrumental in building the team and led relationships with many of the leading agencies, advertisers and publishers. He drove Komli Media’s acquisitions of PostClick (Australia) and Indoor Media (United Kingdom) in 2010.
 
Recently, Komli Media raised $15 million in funding led by Norwest Venture Partners. Komli Media, which has established its second engineering centre in India in Bangalore, plans to hire over 50 engineers in the next six months across its Mumbai and Bangalore centres.
Additionally, Komli Media has also roped in ex-Yahoo! India Director of Sales Strategy Gulshan Verma as VP and Country Head of Ad Network - India and Middle East.