I recently came across CLINCK which is an Active Desktop Application which enables users to access Internet with a default interface. A product of Ideacts CLINCK aims at creating business tools and applications for cybercafés.

Investors are looking at stable and lucrative industries and businesses in the downturn. And it is evident with the recent investments in the telecom industry. Most recently NVP India invested $15mn in OnMobile while mobile ad network Quattro Wireless raised $ 10 million in funding.

Seventymm is back in news for its recent Series C funding. The movie rental website has got its recent funding of Rs 50 crores led by NEA-Indo US Ventures. Even Matrix Partners India, Draper Fisher Jurvetson and ePlanet Ventures participated in this round of funding. Earlier these companies had already funded Seventymm with Rs. 40 [...]

With 3G technology to hit the Indian markets in mid-2009 we have seen a surge of content generation by MVAS providers. Following the trend Apalya Technologies Pvt Ltd, a Hyderabad based mobile TV company, has managed to raise a $ 500,000 (Rs 2 crore) investment.

With the $ 18 billion gaming industry on the rise, UTV has decided to take it up a notch. UTV’s software communication board has just approved of their investing $ 75 million in the company’s gaming business. The company is set to enter an MOU in order to acquire a 51% share in one of [...]

Since 1998 Intel Capital, the global investment arm of Intel Corporation, has invested in 50 Indian companies. Now Intel Capital is back in news for a significant investment in India. The investment company recently invested a sum of $17 million (around Rs. 70 crore) in three Indian companies.

According to industry sources Sony Ericsson is considering a merger with Indian handset maker Spice Mobile. The BK Modi Group owns 64% of Spice Mobile demanded for Rs. 80-100 per share. This price range would in turn value the company at up to $174 million. Though Spice Mobile sources have agreed that talks are on [...]

There is an evident growth in mobile community website in terms of investments.