Yahoo is SpotM in India
By Azam on September 19, 2008 Add a Comment 
SpotM is Yahoo India social network with interesting features for the Indian market. SpotM will target the 16-24 the college going age bracket in an attempt to capture the growing market in India. Google and Facebook have been increasing their share…
Continue Reading...Money is Still Flowing in Venture Capital Funding in India
By Azam on August 21, 2008 Add a CommentWSJ & Venture Source report India attracted $238 million in venture investment with 17 deals closed in the second quarter, a 120% increase over the $108 million invested in 12 deals during the same period in 2007. Ten seed and first round…
Continue Reading...Reliance through Jump Games enters the US market for Mobile Gaming
By Azam on August 20, 2008 Add a Comment 
India’s Reliance ADA Group is setting its sights on the mobile gaming industry and plans to enter the US market. The company is scouting for acquisition candidates in the mobile gaming industry. Any deals will be made through Reliance ADA…
Continue Reading...Obopay is Working to Make Mobile Payment Easy
By Azam on August 6, 2008 Add a CommentObopay is planning to enable users to pay for virtually anything through the mobile device. Obopay will offer a comprehensive solution for mobile service providers, merchants, financial service firms and consumer end users . Obopay will team up with mobile…
Continue Reading...India to Allow 10 Wireless Carriers to offer 3G in India
By Azam on August 1, 2008 Add a CommentIndia plans to launch 3G services through upcoming auction according to India Communications and Information Technology. The wireless communication industry is set for further growth with advance services offered through 3G.
Airwaves to provide third-generation, or 3G, services, which enable faster…
Continue Reading...Nokia invest 150M More in Venture Arm for Investments in India and China
By Azam on July 31, 2008 Add a Comment 
Nokia announces further 150M Investment in Nokia Growth partners aimed Internet services in the emerging markets investment in India and China. Nokia intends to set up direct operations in India and China .
The investment raises funds under management of Nokia…
Continue Reading...Sohu So Far So Good
By Azam on July 28, 2008 Add a Comment 
Sohu has put up some impressive numbers. Not too surprising is the fact that the company is the official online advertising company for the Beijing Olympics. Sohu (Nasdaq: SOHU) released second quarter earnings before market open on Mon July 28,…
Continue Reading...Indian Private Equity Funds are in Style with Big Indian Players
By Azam on July 14, 2008 Add a Comment
India has been dominated by few large players since the time of the License Raj. The Large business houses in India are setting up Private Equity Funds to acquire equity stakes and companies. Previously, business would use the large business…
Continue Reading...NBC makes strategic investment into NDTV in the media market of 1B + Population
By Azam on May 28, 2008 Add a Comment
NBC paid 150M for a 26% stake in New Delhi Television Networks entering further into the Indian market. NDTV filed with BSE related to subscription for shares amounting to 638 crores (150M USD) for an indirect stake of 26% in…
Continue Reading...China 9You online gaming company raises $100M ahead of public listing
By Azam on March 23, 2008 Add a CommentChina 9you recently announced funding to the tune of 100M lead by Temasek Holdings. Reported by redline china from pearl research. 9You launched Gtown a virtual world for gaming experience under the 9you environment for games. 9You says the investment…
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