Team at MySmartPrice has put up this super cool infographics that pretty much covers all the funding milestone in Indian ecommerce businesses.
Link to full article
Tuesday, November 20, 2012
Ketto : A fund raising platform for nonprofit organizations
With more than 32% of India’s population falling below the international poverty line and 68% living on less than US$2 a day, the country is in dire need of responsible, affordable sources of capital.
Microfunding has been an important source of fund raising for such projects (recently, microlending platform Kiva also launched in India) and the latest to launch in this space is Ketto.
Launched on Aug 15 2012, Ketto is an online support network which brings individuals closer to the cause they wish to. The company currently has over 14 campaings running on ketto, some of them have been started by famous bollywood celebrities such as Soha ali khan and Nargis Fakhri.
“We describe Ketto as an engaged fundraising platform. We try to make it fun for the fundraisers. That’s our intention. We started by researching the philanthropic space and concluded that no one was making it fun. It wasn’t cool. And the tools were somewhat antiquated.
We think that if fundraising is fun for donors, they will do a better job of it. They’ll raise more money, and they’ll do it over and over again. We also believe the easier and safer we make it to help or start a fundraiser, the more likely people are to participate”, mentions Varun Sheth, cofounder of Ketto.
To reward you for all your efforts in starting fundraisers to even donating money, Ketto has a points system in place where they will be including gifts at a later stage once enough points have been collected.
As far as Ketto is concerned, the company connects donors directly at the project level, in contrast to organizations that run projects but maintain control over how contributions are allocated or spent.
Also, unlike other online fundraising platforms which charge a commission anywhere between 6-10% and offline intermediaries which charge anywhere between 20-40%, Ketto does not charge any commission allowing maximum amount of money to be donated to the Project of the NGO.
Recommended Read: The Story of Milaap, A Micro-lending Platform
Link to full article
Japan’s CyberAgent Ventures invests in Vietnam’s Foody, a food review site
CyberAgent Ventures, the VC arm of Japanese Internet company CyberAgent, has announced an investment in Foody, a food search and review web and mobile platform in Vietnam. Terms of the deal were undisclosed.
The site was launched in August 2012, and attained 10,000 restaurants and 5,000 reviews in three months. The investment will be used to facilitate further user and content growth.
The VC firm believes Foody is filling a void in Vietnam. Their decision to back the company was influenced by similar sites in Japan and China that have successful business models.
This is CyberAgent’s second successive investment in a food-tech startup in a short span of time. On October 31, they funded Taiwanese online recipe site iCook, which is said to have the largest collection of user-generated recipes in the country.
Food-related startups have become popular investment and acquisition targets lately. SingTel was involved in a couple of acquisitions in this space with their purchase of HungryGoWhere and Eatability.
Besides getting into food startups, CyberAgent has been actively investing generally in the emerging market’s tech startups. It funded NhacCuaTui.com in February, described as the largest music site in Vietnam.
In total, CyberAgent has made eight investments in Vietnam. It’s the second from the CyberAgent Asia Internet Fund I, which focuses on Internet companies in Vietnam and Indonesia.
The post Japan’s CyberAgent Ventures invests in Vietnam’s Foody, a food review site appeared first on SGE.
Link to full article
Survey: Adoption of Enterprise Social Tools in Asia Pacific [INFOGRAPHIC]
In a recent survey conducted by research firm IDC and sponsored by Microsoft, it is seen that 52 percent of organisations in the Asia Pacific region have in place an enterprise social network. Basically, that’s an online community within the organisation that cultivates engagement and collaboration among employees and stakeholders with the familiarity of social networking tools; it might be used internally, or with customers for social marketing. Another 23 percent of firms are planning to adopt one in the next 18 months.
According to Internet World Stats, the growth of internet users in the Asia Pacific region rose from 418 million in 2007 to over one billion in 2012. It also translates to the huge rising trend in the use of social networks, with statistics showing a remarkable 204.9 million Facebook users in Asia.
During the media briefing yesterday, Claus Mortensen, IDC Asia-Pacific’s director for emerging technology research, mentioned that the major driving forces of such visible trends includes the prevalence of a younger workforce in the region, where there is wide acceptance of social media and gadgets – and not forgetting cultural norms such as relationship-focused business dealings. All nations showed similar trends, with a dramatic shift in priorities as most organisations are turning to integrating enterprise social technologies to gain competitive advantage, placing them above well above investments in core networks, cloud computing and business intelligence.
Shaping Good Corporate Netizens
According to the survey [1], which is embedded below as an infographic, the top enterprise social tools (which might also be used internally, not just with customers) according to preference are instant messaging, emailing, and company social networks. They’re used for tasks such as internal training and learning management, internal collaboration, and internal knowledge sharing.
One interesting trend to note is that, based on current statistics, countries such as Singapore and Australia and New Zealand (ANZ) are seen to be less proactive to the adoption of such social tools. For instance, 47.1 percent of organisations in the ASEAN region (excluding Singapore) are currently using or planning to integrate enterprise social tools into their organisations, but Singapore and ANZ have only 25 percent each respectively, which is almost half the amount of ASEAN’s figures. However, within the next six months, 25 percent of organisations in both Singapore and ANZ respectively have expressed interest in adopting social tools or services, with ASEAN only having 3.9 percent with plans.
Though there’s broad acceptance of the benefits of implementing enterprise social in the organisation, certain challenges still prevail. Claus Mortensen explains:
Security, compliance, governance and lack of control are cited as the most important inhibitors to implement enterprise social but it is not viable for companies to resist adoption as end-users may turn to internet-based, consumer grade, and potentially less secure options.
He added that the main concern of the implementation should be considered more of a change management issue, rather than the costs incurred or security risks – which is more prevalent in traditional and rigid organisations. It is essential for them to educate their own employees on how to become good IT citizens and also use this as an opportunity to trust and engage their employees. Here’s the infographic:
For more fun graphics like this one, check out previous entries in our infographic series.
- The findings of the Enterprise Social Survey were the results of interviewing 352 decision makers and influencers from medium and large organisations across three regions in Asia/Pacific, classified as ANZ (Australia and New Zealand), ASEAN (Singapore, the Philippines, Malaysia, Indonesia and Thailand), and Korea.↩
The post Survey: Adoption of Enterprise Social Tools in Asia Pacific [INFOGRAPHIC] appeared first on Tech in Asia.
Link to full article
Chat and share anonymously with strangers through Zumbl
For some of us, sharing is fun when done with people who understand you or have a similar taste. Quite a few sites have launched services around connecting with strangers (for e.g. Chatimity to the original daddy, i.e. Chatroulette) and the latest service to launch is Zumbl.
Zumbl is an online platform that allows its users to have chatting, tagging and sharing with no profanity, and importantly, no ASL (Age Sex Location) questions. Zumbl is started by two IIT Delhi undergraduate student Abhishek Gupta and Saurabh Kumar and is incubated at Digital Media Zone, Toronto.
To make chatting more meaningful with strangers, the platform allows users to have profile sans their real name and are instead depicted as tags (i.e. what strangers think of you as) with terms such as funny, socialite, sweet, friendly, shy and frank amongst others. Zumbl has strict credit system which blocks users out if they don’t follow the guidelines.
Anybody above 13 can sign up to Zumbl via Facebook or Google account, and start chatting and tagging strangers by feeding details like interest, favourite movies and songs. Besides chatting Zumbl also allows Zumblers (users) to share videos by enclosing the name of the video in “<” and “>”.
For instance, to share the song “The Light Field”, users just need to write <the light field> and press enter. For identity, Zumblrs are allowed to get Avatars, it’s like a substitute for their photograph and Avatars evolve periodically depends to the numbers of tags one gets while chatting. Also, if Zumblrs chat responsibly, the platform confers avatars with funky badges.
In terms of traction, before formal launch, Zumbl had three iterations, which amassed around 1700 users. Initially, Zumbl got around 3200 more users making the current total to reach 5000 + users. Speaking about splits of users between India and across other parts of the globe, Abhishek Gupta, co-founder Zumblr said “Around 65% of our registered users, and 85% of our active users are from India with +220 daily active users”.
Zumbl is based on python, and a MVC framework web2py. The company’s server is hosted on Softlayer Hosting, and uses Ejabberd server, and uses XMPP protocol for its chat servers. Zumbl has sentiment mining technology to understand users’ emotions from the text and reflect them through the user’s avatars.
So far the company has raised funding of about $20,000 invested by Digital Media Zone, Toronto and also won Samsung Innovation Awards ($3,000 as prize money). As far as future plans are concerned, Zumbl aims to reach 75,000 users mark by May 2013 and also working on a set of other cool features including multiplayer gaming, sharing music, customizations in user’s chat room.
Responding to a NextBigWhat’s query whether Zumbl will launch a networking platform in future or not, cofounder Abhishek Gupta mentions that they working in the direction though it doesn’t come at least in next 6 months, or to the point where it reaches 75,000 users.
If you are looking for a ‘clean’ and fun chat, do try Zumbl. Do you think a fully nonname/anonymous conversation survives in the long run?
Link to full article
CyberAgent Ventures invests in Vietnam food review site Foody.vn
CyberAgent Ventures has just announced their investment in Vietnam-based Food Corporation, an online gourmet search and review site.
CyberAgent Ventures is the venture capital arm of Tokyo-based CyberAgent, Inc., and is expanding its business in the South East Asian market. The investment is made through CA Asia Internet Fund I, L.P., a venture capital fund specialized in the South East Asian market.
According to the official announcement, Foody.vn was launched in August this year, and is currently the fastest-growing food review site in Vietnam. In a short period of three months after launching, Foody.vn has reached over 10,000 restaurant listings with over 5,000 reviews.
The fund will be used primarily to facilitate further growth of its users and content. The official announcement also highlights the potential of food-based applications in the country.
“As there is a void for this type of media in Vietnam and successful business models have been executed off by existing gourmet searching & user-review media in Japan and China, CyberAgent Ventures believes that Foody has strong potential to become the leading media in such kind of content in Vietnam and will take advantage of CyberAgent Inc.’s wide network of resources to enhance the company’s growth and value.”
The food review sites are really active in the region recently:
- In Thailand, Wongnai is dominating the food review site with an amazing growth of over 400% this year alone.
- Singapore also seen its own food review site HungryGoWhere recently exited to SingTel for S$12 Million.
- In the similar space, Taiwan’s food recipe social sharing network iCook also received an investment by the same VC arm CyberAgent three weeks back.
- In Japan, food sharing app SnapDi.sh just closed their funding round with Digital Garage earlier this week.
- Back in Vietnam, too, MJ Group recently acquired Orderfood.vn (now Hungry.vn), adding onto its existing portfolio of Nhommua.com and Diadiem.com, among others.
- Singapore also saw Dealguru, the company behind Deal.com.sg and one of Singapore’s largest group buying sites, acquiring Asian Room Service, which runs Room Service Deliveries.
Looks like investors and venture capitalists are actively snapping up food review portals and food social sharing networks around the region. So, who’s next? And what do the investors know that we do not know?
The post CyberAgent Ventures invests in Vietnam food review site Foody.vn appeared first on e27.
Link to full article
CyberAgent Ventures invests in Vietnam food review site Foody.vn
CyberAgent Ventures has just announced their investment in Vietnam-based Food Corporation, an online gourmet search and review site.
CyberAgent Ventures is the venture capital arm of Tokyo-based CyberAgent, Inc., and is expanding its business in the South East Asian market. The investment is made through CA Asia Internet Fund I, L.P., a venture capital fund specialized in the South East Asian market.
According to the official announcement, Foody.vn was launched in August this year, and is currently the fastest-growing food review site in Vietnam. In a short period of three months after launching, Foody.vn has reached over 10,000 restaurant listings with over 5,000 reviews.
The fund will be used primarily to facilitate further growth of its users and content. The official announcement also highlights the potential of food-based applications in the country.
“As there is a void for this type of media in Vietnam and successful business models have been executed off by existing gourmet searching & user-review media in Japan and China, CyberAgent Ventures believes that Foody has strong potential to become the leading media in such kind of content in Vietnam and will take advantage of CyberAgent Inc.’s wide network of resources to enhance the company’s growth and value.”
The food review sites are really active in the region recently:
- In Thailand, Wongnai is dominating the food review site with an amazing growth of over 400% this year alone.
- Singapore also seen its own food review site HungryGoWhere recently exited to SingTel for S$12 Million.
- In the similar space, Taiwan’s food recipe social sharing network iCook also received an investment by the same VC arm CyberAgent three weeks back.
- In Japan, food sharing app SnapDi.sh just closed their funding round with Digital Garage earlier this week.
- Back in Vietnam, too, MJ Group recently acquired Orderfood.vn (now Hungry.vn), adding onto its existing portfolio of Nhommua.com and Diadiem.com, among others.
- Singapore also saw Dealguru, the company behind Deal.com.sg and one of Singapore’s largest group buying sites, acquiring Asian Room Service, which runs Room Service Deliveries.
Looks like investors and venture capitalists are actively snapping up food review portals and food social sharing networks around the region. So, who’s next? And what do the investors know that we do not know?
The post CyberAgent Ventures invests in Vietnam food review site Foody.vn appeared first on e27.
Link to full article
Roam7 Tracks Your Friends’ Travels via Facebook
Although I can rarely afford to actually do it, I enjoy traveling. So, like many others, sometimes I like to “travel” vicariously by flipping through the travel albums of my Facebook friends to see where they’ve been. So I was intrigued when I learned about Roam7, a Singapore-based startup that maps your friends’ travels out in the name of helping you plan your own trips.
Although Roam7 pitches itself as a site to get travel advice and plan trips from, I didn’t find it at all helpful for this. My friends have been all over the world, but they post photos, not hotel recommendations, and you would be hard-pressed to find much practical use for the site in trip-planning unless your friends left very detailed captions on their photos or you were just using it to preview photos of potential destinations.
That said, it’s still pretty cool. You just log in via your Facebook account and you’re presented with an interactive map and photos overlaying all the places your friends have been. You can click on a location to view the photos, and you can also choose to view a map of your own travels (mine is pictured above) which is rather fun. I had a good time hopping around the map looking at where friends had been, and I have to admit it did get me thinking about traveling even if it’s no replacement for TripAdvisor just yet.
I did also come across a few bugs — a couple pages loaded that seemed to have no content — but that’s par for the course for a startup and I’m sure it will be worked out soon. The Roam7 team already has a pretty neat product here, and while I don’t see it replacing TripAdvisor the way they hope it does, that doesn’t mean there isn’t a place for this kind of tool, especially if the photo-viewing feature could be made into a slicker, more enjoyable experience for those who simply want to browse nice travel photos.
The post Roam7 Tracks Your Friends’ Travels via Facebook appeared first on Tech in Asia.
Link to full article
Startup Genome: What you need to know about the Singapore startup ecosystem
e27′s senior writer Jacky Yap shares his thoughts on Singapore’s startup ecosystem.
Yesterday, Startup Genome just published its 160-page report on the world’s top startup ecosystems. For those unfamiliar with Startup Genome, it was created by three young entrepreneurs, Bjoern Herrmann, Max Marmer, and Ertan Dogrultan to take a comprehensive, data-driven dive into what makes startup ecosystems successful around the world.
Unsurprisingly, Silicon Valley ranked first in the World’s top startup ecosystem, and coming in second is Tel Aviv, followed by Los Angeles, Seattle, New York City and Boston. For Asia ecosystems, it seems like there is an under-representation of countries on the list. Singapore is the only country from Asia that made it to the top 20 list.
Here’s the comparison between the Singapore ecosystem profile and Silicon Valley’s:
Some highlights of the findings adopted from the Startup Genome report:
- Singaporean startups are 15% more likely to monetize directly than SV startups.
- Singaporean entrepreneurs are as highly educated as SV ones (52% Master & PhD vs. 42% in SV).
- The Singapore startup ecosystem has the same healthy mix of startups targeting consumers, enterprise, and SME customers as SV.
- The key challenges of Singaporean startups are similar to SV startups.
- Startups in Singapore are 88% undercapitalized compared to SV startups before product market fit.
- Funding sources in Singapore rely more on incubators and self-funding, less on accelerators, super angels, and VCs.
- Startups in Singapore have less employees per stage (6.57) compared to SV.
- Startups in Singapore have 35% fewer mentors per company compared to startups in Silicon Valley..
- There are 46% fewer serial entrepreneurs proportionally in Singapore than in SV.
- Singaporean startups rely more on advertising and license fee revenue models than SV startups.
- There is lower technology adoption in Singapore than in SV. Singaporean startups heavily rely on PHP, Java, and .NET, with no use of Ruby compared to their peers in SV.
- Singaporean startups are 50% less data driven than startups in SV.
- Singaporean entrepreneurs focus 51% less on web, 48% more on mobile, 2.4x more on consulting, and 7.1x more on non-web software.
- Founders are slightly less likely to tackle markets they have had previous experience with than their counterpart in SV (52% vs. 63% in SV).
- Singaporean startups are 2.1 times more likely to tackle smaller markets than their peers in SV. They are 30% less likely to tackle markets markets sized $1 billion to $10 billion, and 70% less likely to tackle markets greater than $10 billion.
- Singaporean entrepreneurs are 12% less likely to commit full time before finding product market fit than their peers in SV.
Author’s thoughts
Mig33, Viki, Zopim, Bubble Motion, Buzz City, and Tencube were highlighted on the report as local startup examples. All these are examples of startups which target a regional or global market. The report also highlights some of the key things Singapore startups always complain about: lesser employees, fewer mentors, lack of commitment and low risk appetite.
What’s really interesting to note is also the fact that Singapore startups are 50% less data driven than startups in SV. 50% is a significant difference. While we often hear about the importance of data, what we are lacking is entrepreneurs or startup founders who have successful use cases that can be shared with the community. Singaporean startups are also 2.1 times more likely to tackle smaller markets than their peers in SV, reflecting the lack of ambition among Singapore startups.
What can be done
One obvious thing that needs to be improved is the number of peer-to-peer mentors. George Kellerman, venture partner at 500 Startups recently echoed the exact same message during his visit to Singapore recently: ”Silicon Valley is fortunate to have a paying forward mentality where entrepreneurs help and mentor each other. More of this should be happening in Asia.”
Singapore startup founders who have had a successful venture can be more hands-on in mentoring and guiding the next generation startups. While we do see this improving (case to note: HungryGoWhere’s cofounders are actively mentoring startups), we still need more mentors coming in and helping to grow the ecosystem. Ask any startup working at Blk71, one of Singapore’s most popular coworking spaces, and you will quickly realize that there is a lack of startups with active mentors.
So the question then is, how can startups look for mentors? Word of advice: ask and you shall receive. Like yourself, startup mentors are always around the community and most likely they are very approachable. Take Hastify for example where the founder John met Hoong An in a networking session and subsequently convinced him to come onboard as a mentor.
“So with a hustling mindset, I took a deep breath and went up to him and introduced myself and congratulated him on his recent exit. I began telling him what we were doing at Hastify and he got really interested in what we were building,” John recalled.
Startups also need to start tackling a bigger and more international market and understand that a slight change in business model positioning to fit a global market can make a lot of difference. Business strategies and decisions have to be backed by data. One recent example that I came across was a great blog post by Simon Newstead, the CEO of Frenzoo. In his article titled Death of a Feature, he shared how he decided to kill a feature, which actual data backing his decisions. Startups need to start basing their strategies on user metrics.
The post Startup Genome: What you need to know about the Singapore startup ecosystem appeared first on e27.
Link to full article
Startup Genome: What you need to know about the Singapore startup ecosystem
e27′s senior writer Jacky Yap shares his thoughts on Singapore’s startup ecosystem.
Yesterday, Startup Genome just published its 160-page report on the world’s top startup ecosystems. For those unfamiliar with Startup Genome, it was created by three young entrepreneurs, Bjoern Herrmann, Max Marmer, and Ertan Dogrultan to take a comprehensive, data-driven dive into what makes startup ecosystems successful around the world.
Unsurprisingly, Silicon Valley ranked first in the World’s top startup ecosystem, and coming in second is Tel Aviv, followed by Los Angeles, Seattle, New York City and Boston. For Asia ecosystems, it seems like there is an under-representation of countries on the list. Singapore is the only country from Asia that made it to the top 20 list.
Here’s the comparison between the Singapore ecosystem profile and Silicon Valley’s:
Some highlights of the findings adopted from the Startup Genome report:
- Singaporean startups are 15% more likely to monetize directly than SV startups.
- Singaporean entrepreneurs are as highly educated as SV ones (52% Master & PhD vs. 42% in SV).
- The Singapore startup ecosystem has the same healthy mix of startups targeting consumers, enterprise, and SME customers as SV.
- The key challenges of Singaporean startups are similar to SV startups.
- Startups in Singapore are 88% undercapitalized compared to SV startups before product market fit.
- Funding sources in Singapore rely more on incubators and self-funding, less on accelerators, super angels, and VCs.
- Startups in Singapore have less employees per stage (6.57) compared to SV.
- Startups in Singapore have 35% fewer mentors per company compared to startups in Silicon Valley..
- There are 46% fewer serial entrepreneurs proportionally in Singapore than in SV.
- Singaporean startups rely more on advertising and license fee revenue models than SV startups.
- There is lower technology adoption in Singapore than in SV. Singaporean startups heavily rely on PHP, Java, and .NET, with no use of Ruby compared to their peers in SV.
- Singaporean startups are 50% less data driven than startups in SV.
- Singaporean entrepreneurs focus 51% less on web, 48% more on mobile, 2.4x more on consulting, and 7.1x more on non-web software.
- Founders are slightly less likely to tackle markets they have had previous experience with than their counterpart in SV (52% vs. 63% in SV).
- Singaporean startups are 2.1 times more likely to tackle smaller markets than their peers in SV. They are 30% less likely to tackle markets markets sized $1 billion to $10 billion, and 70% less likely to tackle markets greater than $10 billion.
- Singaporean entrepreneurs are 12% less likely to commit full time before finding product market fit than their peers in SV.
Author’s thoughts
Mig33, Viki, Zopim, Bubble Motion, Buzz City, and Tencube were highlighted on the report as local startup examples. All these are examples of startups which target a regional or global market. The report also highlights some of the key things Singapore startups always complain about: lesser employees, fewer mentors, lack of commitment and low risk appetite.
What’s really interesting to note is also the fact that Singapore startups are 50% less data driven than startups in SV. 50% is a significant difference. While we often hear about the importance of data, what we are lacking is entrepreneurs or startup founders who have successful use cases that can be shared with the community. Singaporean startups are also 2.1 times more likely to tackle smaller markets than their peers in SV, reflecting the lack of ambition among Singapore startups.
What can be done
One obvious thing that needs to be improved is the number of peer-to-peer mentors. George Kellerman, venture partner at 500 Startups recently echoed the exact same message during his visit to Singapore recently: ”Silicon Valley is fortunate to have a paying forward mentality where entrepreneurs help and mentor each other. More of this should be happening in Asia.”
Singapore startup founders who have had a successful venture can be more hands-on in mentoring and guiding the next generation startups. While we do see this improving (case to note: HungryGoWhere’s cofounders are actively mentoring startups), we still need more mentors coming in and helping to grow the ecosystem. Ask any startup working at Blk71, one of Singapore’s most popular coworking spaces, and you will quickly realize that there is a lack of startups with active mentors.
So the question then is, how can startups look for mentors? Word of advice: ask and you shall receive. Like yourself, startup mentors are always around the community and most likely they are very approachable. Take Hastify for example where the founder John met Hoong An in a networking session and subsequently convinced him to come onboard as a mentor.
“So with a hustling mindset, I took a deep breath and went up to him and introduced myself and congratulated him on his recent exit. I began telling him what we were doing at Hastify and he got really interested in what we were building,” John recalled.
Startups also need to start tackling a bigger and more international market and understand that a slight change in business model positioning to fit a global market can make a lot of difference. Business strategies and decisions have to be backed by data. One recent example that I came across was a great blog post by Simon Newstead, the CEO of Frenzoo. In his article titled Death of a Feature, he shared how he decided to kill a feature, which actual data backing his decisions. Startups need to start basing their strategies on user metrics.
The post Startup Genome: What you need to know about the Singapore startup ecosystem appeared first on e27.
Link to full article
DailyDose: HP accuses Autonomy of wrongdoing, takes $8.8 billion charge. Guess what just hit the fan?
HP accuses Autonomy of wrongdoing, takes $8.8bln charge: The technology giant has revealed a massive accounting scandal at Autonomy
, the British company it bought for $ 11 billion last year.
Former Autonomy boss denies HP allegations
How H-P was duped in Autonomy deal
It’s Not Just HP And Autonomy, The Enterprise Software Space Is A Giant Stinking Mess writes Alex Williams on TechCrunch.
HP’s Accounting Claims Are Seen as Cover for Bad Deals: claims of accounting improprieties at Autonomy Corp. have accounting experts questioning whether the allegations are an attempt to divert attention from yet another bad acquisition.
Dave McClure sets up 500 Startup Wallah, a $5 million fund to back Indian startups
Sequoia Capital set to invest $3.6mn- $5.4 mn in Indian ready made food company
HTC “happy” with Apple settlement, slams media estimates: Regards media reports on details of the licensing agreement as “outrageous.”
News Corp. to Acquire 49% of YES Network at $3 Billion Value
RIM Stock Gets a Lift as analysts say feedback on new Blackberry phone “positive”
Link to full article