Ruchi is our in-house public relations head who admits loving 'client servicing' ;-) She's the one who we look forward to, for tips on funding, interviews and even making presentations. A staunch vegetarian in heart and soul, she has the knack of laughing out the most at Maneesh's sad jokes and also brightening up WAT Team's day with the brightest of smile around!

OnMobile, India’s leading Mobile Value Added Services(VAS) player recently announced launching of their own Developer Network. Everyone agrees its great news for entrepreneurs / content creators, as it will give them an opportunity to reach out to ONMobile’s market easily. WATBlog decided to approach OnMobile and get complete details about their Developer Network.

Sumir Chadha, managing director at Sequoia Capital India said, “There is a lot of investor interest and we are not too worried about (market) cycles.”

Rahul Khanna, director Clearstone Venture Advisors in an interview with Economic Times said, “This is the right time to invest in the Indian companies as a VC investor…”

Dr. Fung further adds, ” I expect BuzzCity will expand in Africa, Middle East and Latin America, and strengthen our operations across Asia, Europe and US.” BuzzCity which is a Singapore based mobile content and services company, also owns myGamma a mobile social network, received $10 million from MIH.

There is no dearth of funding in India and that can be clearly seen in the second quarter of 2008. According to the Quarterly India Venture Capital Report released yesterday by Dow Jones VentureSource, advertising start-ups have received maximum funding - $89 million-nearly 37% of the region’s quarterly investment total-went to five advertising/marketing companies, more [...]

The August event of Mobile Monday Mumbai was held yesterday to discuss the consultation paper released by The Telecom Regulatory Authority of India (TRAI) on mobile value added services (VAS) recently. WATBlog was at the event to see what the esteemed panelists had to say about TRAI’s recommendation on regulating and licensing mobile value added services and other services to be provided via 3G and Next Generation Network (NGN).

Its very important to look at your investor as a member of your own team who is working late nights to achieve your dream, than only will you be able to run faster towards your goal. Do a complete research on the Venture Capital fund you approaching and the director of that fund. As a first step its best to attend conferences and hear them out, talk to them in a informal setting and try building a rapport.

The Online space in India is booming and with all the money pouring in from the Silicon Valley, it’s just going to get bigger. Recently, Zenith Optimedia estimated the growth of ad spend to be 3600 crores by 2010 in India. It doesn’t seem far fetched when we have Jivox, a self servicing online video advertising platform which launched its services in India in March 2008, has received $10.7 million in series A financing.