Here is some interesting news from the world of tech biz.
InMobi gets $200mn investment - In a very positive move, Bangalore based mobile ad network, InMobi gets a $200 million investment from a Japanese Internet company - Softbank. So many things about this investment make it a landmark deal. The size of investment makes InMobi to be valued at $800mn. The new truth - Companies based on the mobile story is a big play. Bangalore now is home many aspirational startups, including flipkart, Myntra and InMobi.
Groupon moves into next stage of India Strategy - Groupon which had earlier bought sosasta.com, has renamed it as 'crazeal.com'. A new leadership team and a new sales strategy for India is now in place. Groupon is an interesting company to watch out for. While it's IPO plans have hit some rough weather, it continues to persist on that objective. On the other hand will deep discounting become a major play in an emerging economy like India or will it turn out to be sour grapes like it has for many in the USA. While restaurants and other leisure services seem to be lapping up such deal sites, it is a great time for 'crazeal.com' to go live.
Kerala set to become India's first "fully Banked state" - In the early nineties, Kerala achieved the seemingly impossible goal of 100% literacy. They have continued to remain stable on the education front, and now have proved the old hindu adage, Lakshmi follows saraswati (or riches will come to those who are knowledgeable). With 6.5 mn households and 33 mn population, Kerala now boasts of a bank account in every household. With Aadhar and banking, need-based credit now has a chance of becoming super-efficient. Can Kerala also lead the way and become "zero corruption state"?
Interesting read
What are the telecom companies up to?
Vodafone and Myriad AG, have signed a deal to deliver social networking over SMS and USSD. Vodafone continues to bet on non-data services and leverage social networks to deliver VAS
BSNL launches an app store - Even though it is a laggard in the space, BSNL has launched an app store. The UI is not appealing (to me), but the fact that revenues on data has to be driven on the basis of apps is now an accepted truth.
5.3 mn mobile subscribers in August - The staggering growth story continues in the telecom sector. Airtel and Vodafone added about 1.15 mn subscribers each, to their fold in the same period. As we see the mobile phone reach saturation point, the telcos are laughing their way to the bank.
InMobi gets $200mn investment - In a very positive move, Bangalore based mobile ad network, InMobi gets a $200 million investment from a Japanese Internet company - Softbank. So many things about this investment make it a landmark deal. The size of investment makes InMobi to be valued at $800mn. The new truth - Companies based on the mobile story is a big play. Bangalore now is home many aspirational startups, including flipkart, Myntra and InMobi.
Groupon moves into next stage of India Strategy - Groupon which had earlier bought sosasta.com, has renamed it as 'crazeal.com'. A new leadership team and a new sales strategy for India is now in place. Groupon is an interesting company to watch out for. While it's IPO plans have hit some rough weather, it continues to persist on that objective. On the other hand will deep discounting become a major play in an emerging economy like India or will it turn out to be sour grapes like it has for many in the USA. While restaurants and other leisure services seem to be lapping up such deal sites, it is a great time for 'crazeal.com' to go live.
Kerala set to become India's first "fully Banked state" - In the early nineties, Kerala achieved the seemingly impossible goal of 100% literacy. They have continued to remain stable on the education front, and now have proved the old hindu adage, Lakshmi follows saraswati (or riches will come to those who are knowledgeable). With 6.5 mn households and 33 mn population, Kerala now boasts of a bank account in every household. With Aadhar and banking, need-based credit now has a chance of becoming super-efficient. Can Kerala also lead the way and become "zero corruption state"?
Interesting read
What are the telecom companies up to?
Vodafone and Myriad AG, have signed a deal to deliver social networking over SMS and USSD. Vodafone continues to bet on non-data services and leverage social networks to deliver VAS
BSNL launches an app store - Even though it is a laggard in the space, BSNL has launched an app store. The UI is not appealing (to me), but the fact that revenues on data has to be driven on the basis of apps is now an accepted truth.
5.3 mn mobile subscribers in August - The staggering growth story continues in the telecom sector. Airtel and Vodafone added about 1.15 mn subscribers each, to their fold in the same period. As we see the mobile phone reach saturation point, the telcos are laughing their way to the bank.
No comments:
Post a Comment