MUMBAI, May 21 -- Moloco Inc., a Silicon Valley-based startup specializing in AI-powered advertising services, is rapidly expanding its footprint in India, targeting the gaming, streaming, and e-commerce sectors. The company, which has already secured 30 clients in the region, including JioCinema and Zupee, is eyeing further growth in what has become its fastest-growing market.

According to Sunil Rayan, Moloco's chief business officer, India represents a critical area for expansion. "India is our fastest-growing market. Apart from South Korea, it's the only market where we operate across all three sectors: gaming, streaming, and e-commerce," Rayan told Mint.

Valued at over $2 billion last year after a secondary stock transaction, which ...