Tuesday, January 25, 2011

Snapdeal Raises $12mn from Nexus Venture Partners and IndoUS Venture

We earlier covered the rumors of Snapdeal’s funding (from NEA-IUV) and while initially the funding was for Jaspers, the company has now announced raising $12 million from Nexus Venture Partners and NEA-IUV.

With Gropon entering the Indian market (through SoSasta acquisition), expect a lot of action in this space. Snapdeal owing the #1 player is poised to define the market, though they need to get into brand play (as opposed to services, like spa etc).

What’s your take?

Couple of days back, Intel Capital funded Buzzintown too entered the deal buying model.

Aside, we recently interviewed Kunal Bahl (cofounder of Snapdeal) and will share the Snapdeal story very shortly.


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Ouch! Airtel 3G Data Calculator is a rip-off from AT&T’s Page [Get an Idea?]

Airtel has launched 3G services in Karnataka and will expand into all circles by 2012.

Great news.

Airtel’s 3G site has a neat data calculator, but has a few significant errors – i.e. Airtel ‘calculates’ 1min video streaming to be 2KB!!

Maybe a typo!

But what’s really surprising is that the entire UI is a rip-off (copy/paste) from AT&T page. Do check out these two screenshots.

Airtel's 3G Data Calculator

Airtel's 3G Data Calculator

AT&T's 3G Data Calculator

AT&T's 3G Data Calculator

Like they say in Bollywood – this is an inspiration (or plain coincidence!).

Get a new idea, Airtel!

Reference: Airtel’s 3G site , AT&T’s 3G site
Hat tip: Ramalingam Krishnan


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How much does it cost to get a patent in India?

Understanding the cost structure corresponding to applying for a patent can help in making some important decisions. Hence, instead of having a generic idea about the overall cost, it helps if you are aware of the breakdown of the cost structure and the time of incurring such expenses.

The overall cost of obtaining a patent includes the fee that has to be paid to the patent office (statutory fee) and the fee paid to the patent service provider (professional fee). The professional fee varies based on the service provider you may select. Hence, in this article I will deal only with the statutory fee. However, note that the professional fee is generally substantially higher than the statutory fee.

The statutory fee depends on who the applicant of the patent is. The Indian Patent Office (IPO) has categorized the applicants into 2 categories:

1. Natural person
2. Other than natural person

Any individual(s) applying for a patent is considered as a natural person. On the other hand, all other entities that do not fall under the first category, naturally fall under the second category.
For example, legal entities, such as, companies would fall under the second category. It shall be noted that, a patent application can have more than one applicant, and even if one of the applicants do not fall under the first category, then the patent application is considered to have been filed by the second category applicants.

The patent office collects 4 times the fee from the second category applicants as compared to first category applicants.

In this article, I will list down the fee applicable to the first category applicants. You may simple multiply this fee with 4 to determine the fee applicable to second category applicants.

patent_cost_india

Sl. No. 1

A fee of INR 1000 has to be paid while submitting the patent application in the IPO.

Sl. No. 2

A fee of INR 2500 has to be paid if you wish to have your patent application published by the IPO early. If this request is not made, then the IPO publishes your patent application after 18 months from priority date (date on which you first file a patent application for your invention).
There are several advantages of having a patent application published early. Some of the advantages are: early publication can help in expediting the patent application examination process and the patent rights start from the date of publication.

Sl. No. 3

A fee of INR 2500 has to be paid, requesting the IPO to examine your patent application. This fee can be paid within 48 months from the priority date. However, note that the patent office puts your application in queue for examination only after receiving this fee. Hence, if you want to expedite the patent process, it is advisable to pay this fee at the earliest.

Sl. No. 4

The IPO accepts patent specification, which has up to 30 sheets without charging any extra fee. However, if the specification crosses 30 sheets, then a fee of INR 100/sheet for each extra sheet has to be paid to the IPO.

Sl. No. 5

Further, the IPO accepts patent specification, which has up to 10 claims (no limitation on independent claims) without charging any extra fee. However, if the specification has more than 10 claims, then a fee of INR 200/Claim for each extra claim has to be paid to the IPO.

Sl. No. 6

A fee of INR 500 has to be paid to the IPO if you wish to make changes to your patent specification after filing the patent application and before a patent is granted. Generally, changes are made to the specification after the IPO examines your patent application and issues an examination report. In light of the examination report, the applicant may sometimes make changes to the patent specification. When such changes are made to the patent specification, a fee of INR 500 has to be paid to the IPO.

Also, note that after a patent is granted, the patentee will have a pay a patent maintenance fee every year to the patent office.

[Guest article by Kartik Puttaiah, cofounder of InvnTree IP Services, a Bangalore based patent services company.]


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Not Worried about Competition? Well they are Petrified!

It really boggles me when CEOs of big companies in fast moving industries, come out and say publicly that they are not worried about the competition at all. But their actions point to something else, contradicting their recent public speeches. Is it the same when it comes to the financial condition of a troubled company? Do the CEOs deny uncertainty of revenue and profitability and seek for strategic alternatives like holding their assets up for sale?

Some recent collations from earning announcements and press releases by CEOs and executives on addressing competition and their actions shortly therafter.

Google’s CEO Eric Schmidt has been denying worrying about Facebook on public forums like Charlie Rose etc. and yet his stepping down for speeding decisions and streamlining future is so contradictory to his earlier statements.

Excerpt below from press release:

Google CEO Eric Schmidt along with Google co-Founders Larry Page and Sergey Brin expressed that they are not concerned with the growth of Apple and Facebook. Brin stated that their indicators “show that when Internet users become Facebook users they actually do significantly more searches on Google.” The Google trio declined to comment on the rumor that Google is currently building a social networking site to rival Facebook called “Google Me,” reports Reuters.

And shortly therafter Google announced the reorganization of upper management. “The Street will think it’s a negative, that there is probably some issue going on. Google is trying to get more efficient and trying to get a tech guy in the seat to compete with Facebook,” said UBS analyst Brian Pitz.

Recent article by Business Insider read ‘Intel: We’re Not Worried About Microsoft’s ARM Move’. With a slower start on the growing tablet space and 30 year partner deciding to go with other companies as partners can’t be putting Intel into anything other than a tight spot.
AT&T exec’s recent interview said “we are not worried about a Verizon iphone”. Really? It’s difficult to digest that a competitor enroaching on it’s most profitable and exclusive relationship with a growth engine is not worrying execs at AT&T. What’s interesting is the Operator’s actions: It has spent more than $18 billion both this year and last to improve its network.
I guess this is not just true of the telecom space. CEO’s of financial institutions including Lehman were denying any risk even right before the collapse.

So next time when you hear a CEO or a senior executive mention publicy that they are not worried about the competition, do believe them, because they are not just worried they are PETRIFIED.

What’s your opinion?

[Anubha Jayaswal, the author, is a Wharton MBA and works for a leading technology company. She eagerly follows and comments on the telecommunications world. She earlier wrote : App Ecosystem Story in India and Game Apps =- Fad or Future?.]


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For Social App Development: Mixi And CyberAgent Launch Joint Venture

Japan’s social apps boom isn’t ending: Today, two of the country’s biggest web companies, namely Mixi and CyberAgent, announced they will launch a joint venture to produce social apps for mixi, Japan’s biggest social network, on February 1. CyberAgent is best known for its massive Ameba blog platform, Japan’s biggest (12.4 million registered users).

The new venture, which is called Grenge (no website yet), is capitalized at 5 million yen ($606,000) and owned 51% by CyberAgent and 49% by mixi. Grenge is expected to produce apps for Japanese feature phones and smartphones from April this year. By March 2012, the plan is to have deployed a total of eight titles on Mixi.

Grenge is expected to generate $6 million in sales by September this year.

What’s interesting is that with this move, mixi is moving further away from its position as a strict, “neutral” social network/graph provider. Its big rivals in terms of user numbers, mobile gaming networks Mobage-town and GREE, have been doubling as platform and app providers since they opened their sites to third-party developers in 2009/2010.

In 2009, Mixi established the so-called Mixi Fund to invest in startups that provide social apps. Since then, big M has invested in several companies, for example in Tokyo-based social games startup Pikkle ($1.6 million).


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CES Roundup: Read your blood pressure with an iPhone

Here are some more products that our CES correspondent Greg Weinstein found a interesting.

Sharp Galapagos tablets
Sharp introduced the Galapagos 5.5″ and 10.8″ tablets late last year for the Japanese market, running a custom Linux-based OS. The tablets are WiFi only with a 3G option and allows for content sync and transfer between Sharp devices.

This tablet is primarily for book-reading and Sharp already has its own ebook store but the company is working on getting music and movies on to its store as well. Sharp is planning to bring the tablets to the US and internationally but possibly with a change of operating system which may or may not be Android-based.

The 5.5″ version sports a 1024 * 600 pixel display while the 10.8″ carries 1366 * 800 pixels.

Twonky
Once you get past the funny-sounding name, you’ll find a media sharing application that works across multiple types of devices using DLNA (Digital Living Network Alliance) technology. With it you’ll be able to send videos, music, and photos from your Android device to any home entertainment system that carries the DLNA specification. Twonky is also available for the Mac and PC

Withings
This is the company that brings integration between mobile devices and healthy living products. A couple of Withings’ products are internet-connected bathroom scale and an iPhone enabled baby monitor. In this video the company introduces the iOS-based blood pressure cuff which connects to any iOS device and works with a corresponding iOS app.

Greg Weinstein has published two books and numerous other feature and news reports in the field, currently serving as News Editor and Producer on Future Talk. He can be reached at greg@futuretalk.net. He has degrees in Computer Science and Computer Engineering and worked on the design of four embedded systems. He has contributed to National Computer Tectonics, Web Developers’ Journal, and was editor-in-chief of PC Register.


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Join us at Founders Drinks in Jakarta

Ladies and gentlemen, the first Founders Drinks Jakarta is about to launch. While we were aiming for it to be held this week, looks like the fun will have to be delayed slightly. The event will be held at Blöeming Bar and Restaurant at fX Lifestyle X’Nter, next Wednesday, February 2 from 7:00 pm.

To register for the event, head on over to this eEvent page. Attendees are limited to 30 people, and it’s running out pretty fast. So if you’re in town next week and want to catch up with the founders of some of Jakarta’s startups, make yourself available on Wednesday and join in. In case you’re unfamiliar with the place, it’s at the Senayan area, across from the softball field. If you’re taking the TransJakarta bus, the nearest stop is Gelora Bung Karno and you’re going to have to walk a little bit.

While we don’t plan on running the new Founders Drinks format yet, we’ll certainly talk about it and it should be set for the next round of drinks.


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