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India’s mobile market is growing at a tremendous rate and nobody can doubt that. It’s not just the number of subscribers that is rising but the way that subscribers are using their mobiles is changing too. It’s no wonder that all major companies that have anything to do with mobile are looking at great growth [...]
The Aliyun OS comes with 20 “Cloud apps” that access Alibaba company services over the Internet. The apps include Internet search, a barcode scanner to find products online and an app listing group-buying discounts. Alibaba plans to bring one new Cloud app to the OS each day. The OS is Linux based and can not only run Android apps but also web apps built with HTML5 or JavaScript. The operating system will provide each user with 100GB of virtual data storage over the Internet. Photos, contact lists and messages can all be saved in a user’s online account. Alibaba will license the OS for free and is in talks with Qualcomm to produce low cost handsets.
Ad network, NetworkPlay has raised its second round of funding (details will be announced next week). Started in 2008 (with initial funding from Capital 18), In the web, NetworkPlay operates in the brand and performance space under umbrella brands called Impact & Results. NetworkPlay “Impact” is a hybrid ad-network with exclusive alliances with top tier [...]
Snapdeal has raised $40mn from Bessemer Venture Partners, Nexus Venture and IndoUS Venture Partners. Early this year, Nexus Venture Partners and Indo US Venture Partners invested $12 mn in Snapdeal and the fresh round of funds will be used to expand their product business. “The last 16 months have been the most exciting journey of [...]
Reid Hoffman, founder of LinkedIn is one of those entrepreneurs you would like to be mentored by. In the video (below), Reid Hoffman discusses a few rules of thumb to help individuals build technology business. and shares his insights on surviving a pivot and when to invest in long term ideas (and more). Look for [...]
Doing business in India is tough – it takes almost 2-3 months to really get the ball rolling (right from incorporation to getting business PAN card etc). MCA (Ministry of Corporate Affairs) has outlined measures to ensure that entrepreneurs can float a company in 24 hours. ..the ministry outlined several measures including online verification and [...]
According to the telecom regulator, there are 840 million mobile subscribers of whom only about 588 million users are active. However, the operators continue to count the inactive users as subscribers, thus blocking the numbers allocated to them. The Department of Telecom will ask telecom operators to weed out inactive mobile users in a bid [...]
Nokia has announced that OVI store recorded 7.62 million downloads per day and the reason why Nokia achieved this was the global removal of registration/login requirement to download free apps. This significant jump in content consumption on Ovi Store follows the global removal of the registration/login requirement to download free items from the mobile web [...]
Akamai’s State of the internet report is out and as always has some pretty interesting statistics about India. The report is focused on “attack traffic” and “internet and broadband adoption”. India figures in all three domains of focus in this report. Here’s the most important India statistics. Attack Traffic: India figured in the top 10 [...]
