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| Thursday, April 19, 2007 |
| Komli and MapMyIndia get Funding |
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Indian Startups that got funded are - Komli Advertising Network and MapyMyIndia.
Komli has received an undisclosed amount from Draper Fisher Jurvetson and Helion Ventures.
Komli also announced the launch of the Komli Premium Network, in addition to Komli Performance Network. The Komli Premium Network work only with premium quality publishers and helps marketers who want to engage with consumers in a more targeted and rich way online. I am yet to see some innovation on this front.
MapMyIndia.Com has received undisclosed amount of funding from Sherpalo Ventures and Kleiner Perkins. Read our review about Yahoo! India Maps. I think Yahoo! sources content from MapMyIndia. |
Published on Thursday, April 19, 2007 at 12:47 PM  |
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| Saturday, April 07, 2007 |
| Canaan Partners won't fund Web 2.0 companies |
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Valley Based VC, Canaan Partners has no plans to fund any Web 2.0 companies in India. Canan had invested in BharatMatrimony.com 9 months ago and since then their haven't been any big ticket investments.
Deepak Kamra, Partner at Cannan said,
Yes, there's a frenzy in the US over these models such as YouTube clones, etc. However, we are excited only about transaction-based models. In a way of speaking, half of the Web 2.0 businesses are under threat after companies such as Amazon and Google decided to cut the feed chord. Amazon cut the feeds for a fantastic site Alexaholic.com and Google unveiled its own version on My Maps. So if you are a Web 2.0 company built on MashUp idea, it would be advisable to list it on eBay and look for other avenues. |
| Published on Saturday, April 07, 2007 at 2:09 PM |
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