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| Friday, January 18, 2008 |
| Make Me Over Game attracting Western Girls |
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 The Royal Wedding Celebrations of India turned into games is fast catching attention of European and American girls. In a surprise development, Games2Win, the developer of Make Me Over has reported millions of teenage girls from around the world are logging into gaming portals hosted in India.
Alok Kejriwal, CEO of Games2Win said,
As many as 16 lakh foreigners visit us every month, of which 10 lakh are women. I am not completely amazed considering American girls are the world’s biggest customers of online games.
It would be nice to know if these Gamers are Kids of Indian origin or are they genuinely native girls :-) |
Published on Friday, January 18, 2008 at 4:06 PM  |
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| Thursday, January 17, 2008 |
| Big Private Equity + VC Deals in 2007 |
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 Here is a list of Indian Satrtups that raised big money from PE or VCs in 2007. Name of the Startup + Name of the Funding Companies
- Intelenet Global Services - Blackstone
- Infotech Enterprises - General Atlantic
- IBS Software Services - General Atlantic
- ICSA India - Goldman Sachs
- Telsima Communication - New Part Ventures, JAFCO Asia, CMEA, Ventures NEA
- Spanco Telesystems - Chrys Capital, UTI Ventures
- CSS Group - Goldman Sachs
- ISGN Technologies - NEA, NEA IUV
- Infrasoft Technologies IT Services - Barring India
- Tejas Network Communication- Goldman Sachs
- Fino IT Services - IFC,Intel Capitla, Legatum Capital, IFMR Trust
- Adventity BPO - Norwest, CIBC Capital, DA Capital
- Adayana BPO -Kubera Partners
- Lifetree Convergence - IFC
- Venture Infotek - Kubera Cross Border Fund
- Just Dial Online - Tiger Capital
- Make My Trip - Saif, Sierra Ventures, Tiger Capital, Helion Ventures
- Air Tight Networks - Walden international, Blueprint ventures, Granite Ventures, Trident Capital, CMEA Ventures, Siemens Venture Capital
- Mindworks Global - Helion Ventures
- Time Broadband - Dubai Holdings
Some deals that didn't get directly reported to us maybe missing in the list. So if you are a startup and looking to be funded, you know whom to choose. Most ethical VCs don't invest in a company that is going to compete with their existing investments. |
| Published on Thursday, January 17, 2008 at 11:47 AM |
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| Monday, January 07, 2008 |
| Hottest Areas for VC Funding in 2008 |
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In a survey conducted by VentureWoods, Mobile Data Services emerged as the Hottest area for VCs looking to fund startups in India this year. Here is the break-up of Hot Favorites in percentage according to the poll,
- Mobile Data Services - 13%
- Online Education - 12%
- E-commerce/M-Commerce - 12%
- Online Financial Services - 11%
- Digital Entertainment - 11%
- Gaming - 8%
- Local Language Web Content - 8%
- Search - 7%
- Advertising Networks - 6%
- Enterprise Tech - 5%
- Social Networking - 4%
- Online Travel - 3%
- BPO/KPO - 1%
- Others - 1%
Social Networking startups now have no other choice but to depend on Advertising Networks to stay in business. Not quite sure why they are letting down Enterprise computing as it is supposed to make a comeback in 2008. |
| Published on Monday, January 07, 2008 at 8:57 AM |
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