Sneakcast, video search engine (an Indian startup) is officially dead (though we announced their march towards deadpool in May 2008 itself).

Utkarsh (founder)’s tweet:

officially shelved as we could not raise the desired funding.Other investors thanks for s’portin us in our ‘NEXT’ venture.;)

Sneakcast joins our short-circuit pool.

As far as product was concerned, it was an aggregator of videos across the web and the space is already overcrowded with no monetization strategy on the sight.