VeriSmart.AI, a groundbreaking ad-tech platform founded by experienced entrepreneur Saurabh Gupta, is making waves in the dynamic world of data commerce. Since its inception in 2017, VeriSmart.AI has been on a mission to democratize data commerce and intelligence while prioritizing user privacy.
Creating a Collaborative Data Intelligence Ecosystem
With an innovative approach, VeriSmart.AI has attracted 34 enterprises as data contributors and serves over 90 brands as data consumers. By fostering a collaborative data intelligence ecosystem, Gupta’s platform encourages businesses to work together, eliminating the need for traditional data sharing methods.
Overcoming Financial Challenges
Despite facing a significant 30% drop in revenue in 2023, VeriSmart.AI has demonstrated remarkable resilience. Not only has the startup scaled its data contributor base from 67 million users to an impressive 520 million in the same year, but it has also maintained a positive EBITDA and profitability for the past three consecutive years.
A Vision Beyond VeriSmart.AI
Gupta’s vision extends far beyond the success of VeriSmart.AI itself. In addition to his entrepreneurial pursuits, he actively contributes to both government and non-government platforms in the fields of blockchain, AI, and data privacy. Furthermore, Gupta is an investor in seven other startups, showcasing his commitment to nurturing a cumulative data intelligence ecosystem through the incorporation of indigenous data protocols and a robust blockchain framework.
Pioneering a New Era in Data Commerce
VeriSmart.AI emerges as a trailblazer in the realm of data commerce with its innovative blockchain-based platform. Despite facing revenue challenges, the startup continues to expand its user base and introduce inventive data protocols. This sets a new benchmark for how enterprises engage with and derive value from data.
The journey of VeriSmart.AI is a testament to resilience and strategic vision, positioning the company as a transformative force in the evolving landscape of data commerce. By leveraging blockchain technology and promoting collaboration, VeriSmart.AI is revolutionizing the way businesses interact with data, paving the way for a more inclusive and efficient data-driven future.
FAQ Section:
Q: What is VeriSmart.AI?
A: VeriSmart.AI is an ad-tech platform founded by entrepreneur Saurabh Gupta that focuses on data commerce and intelligence while prioritizing user privacy.
Q: How does VeriSmart.AI create a collaborative data intelligence ecosystem?
A: VeriSmart.AI encourages businesses to work together by serving as a platform for data contributors and data consumers, eliminating the need for traditional data sharing methods.
Q: How many enterprises contribute data to VeriSmart.AI?
A: VeriSmart.AI has attracted 34 enterprises as data contributors.
Q: How many brands are served by VeriSmart.AI as data consumers?
A: VeriSmart.AI serves over 90 brands as data consumers.
Q: Has VeriSmart.AI faced financial challenges?
A: Yes, VeriSmart.AI experienced a significant 30% drop in revenue in 2023.
Q: How has VeriSmart.AI demonstrated resilience despite financial challenges?
A: VeriSmart.AI scaled its data contributor base from 67 million users to 520 million users in the same year, while maintaining a positive EBITDA and profitability for the past three consecutive years.
Q: What is Saurabh Gupta’s vision for VeriSmart.AI?
A: Gupta’s vision extends beyond the success of VeriSmart.AI itself. He actively contributes to government and non-government platforms in the fields of blockchain, AI, and data privacy. He is also an investor in seven other startups, aiming to create a cumulative data intelligence ecosystem.
Q: What makes VeriSmart.AI a trailblazer in data commerce?
A: VeriSmart.AI utilizes a blockchain-based platform and introduces innovative data protocols, setting new benchmarks for how enterprises engage with and derive value from data.
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Definitions:
1. Ad-tech platform: A platform that utilizes technology and data to optimize advertising strategies and campaigns.
2. Data commerce: The buying, selling, and exchange of data for various purposes, such as marketing, research, and analysis.
3. Data contributors: Enterprises that provide their data to a platform for use by other businesses.
4. Data consumers: Brands or businesses that utilize data provided by data contributors for their own use or analysis.
5. EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company’s profitability.
6. Blockchain: A digital ledger that records transactions across multiple computers, providing transparency and security.
7. Data protocols: Rules and standards for the collection, storage, and transfer of data.
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Suggested Related Links:
1. VeriSmart.AI Official Website
2. Blockchain.com
3. Gartner Definition of Data Commerce
The source of the article is from the blog exofeed.nl