MTNL Ups Unlimited Broadband Speed; Pitches “No Fair Usage Policy”

It’s not often that a press release tickles your funny bone, but I found it quite amusing that public sector telecom operator MTNL, which services only the metro cities of Delhi and Mumbai, is pitching the lack of a fair usage policy to its subscribers: ‘MTNL is providing the truly Unlimited Broadband plan without any “Fair [...] More at MediaNama.com

Book Review – Getting to Plan B

Just finished reading this book by John Mullins and Randy Komisar. It outlines the importance of iterating on the business to evolve the plan continuously - in many cases, the initial plan that entrepreneurs start with doesn’t work as it is. This is something that people in the venture space have known intuitively. John and [...]

Photon Invites – Sharepoint leads – Photon Infotech Private Limited – India

Sharepoint, MOSS 2007, WSS 3.0 Category Software... NET 2.0 concepts with C# Background in WCF Expert with .NET coding and MS .NET tools Expert in Web 2.0... From Monster - 13 Nov 2009 05:38:05 GMT - save job, email, more...

IMImobile Raises $13M From Sequoia, First Mark Capital

IMImobile, a Hyderabad-based mobile, online technology and content services company, has raised $13 million funding from Sequoia Capital and its existing investor First Mark Capital. The company plans to use the funds for  acquisition, and is eyeing companies in Europe and the US. Mohit Bhatnagar, MD of Sequoia Capital India will join the board of IMImobile, informed a company press release. Spark Ventures plc, a founding partners of IMImobile is the largest institutional shareholder and had provided the seed capital. The Mape Advisory Group acted as adviser to IMImobile for the investment. Vishwanath Alluri, founder and CEO of IMImobile stated that the fund will help them develop the cloud infrastructure for tier I telecom operators and allow them to expand their customer base and account penetration through acquisitions. “Sequoia Capital’s global experience and strong local expertise will be a key differentiator as we look to launch into our next phase of growth,” said Alluri. IMImobile has entered into a strategic partnership with MTN to deploy latter’s DaVinci service delivery platform on a managed services model to offer compelling services to 103 million subscribers across 21 countries in Middle East and Africa. IMImobile customers include Airtel, Vodafone, Virgin Mobile, Google, Reuters and Yahoo!, and is operational in Asia, Europe, Latin America and the Middle East. 

The Holy Grail Of Data Revenue Share

An old telecom industry joke goes like this: A Japanese VAS company goes to an Indian telecom carrier for a content deal. They’re thrilled when the carrier suggests an 80:20 revenue share deal, and then they realize that the carrier will keep the 80%. The crux of the joke is that in Japan, which is [...] More at MediaNama.com

‘Digital advertising is just a substitute of mass media’

Moneycontrol.com, Web18’s business and financial portal, celebrated its 10th year in Mumbai on November 11, 2009. To mark the occasion, Web 18 held a panel discussion that highlighted the relevance of brands in digital media. exchange4media also caught up with some of the Web18 clients to gauge their views on the significance of the financial portal completing a decade.

‘Digital advertising is just a substitute of mass media’

'Digital advertising is just a substitute of mass media'exchange4media.comMoneycontrol.com, Web18's business and financial portal, celebrated its 10th year in Mumbai on November 11, 2009. To mark the occasion, Web18 held a panel ...

News Digest: Google-AdMob, Tanla-Zed, Murdoch, Saankhya Labs, Pstl & More

Google and AdMob Acquisition Given that Google is buying AdMob Inc for $750 miilion using its stock, the company has stated that it plans to buy back Google shares to avoid diluting investors’ holdings. It would be the first time Google will be buying back shares. However, given Google’s growth and dominance of the Internet business, and that [...] More at MediaNama.com

Mobile Community Mig33 To Revive Hindi Version, Launches Social Games

Mig33, a social network adapted to mobile phones, claims to have become popular amongst the youth in India after its tie ups with operators Bharti Airtel, Idea Cellular and Aircel, and their recent partnerships with IPL teams. The company allows users to enter and participate in chat room discussions, upload photos, call or SMS friends through its [...] More at MediaNama.com

Redfin Raises a $10 Million Venture Capital Round Led by Greylock Partners

Redfin Raises a $10 Million Venture Capital Round Led by Greylock PartnersPR Newswire (press release)Existing Redfin investors Madrona Venture Group, Draper Fisher Jurvetson, Vulcan Capital and The Hillman Company also participated in the round. ...and more »