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Mumbai Angels has invested 2 crores in a Mobile Tv startup by the name of Apalya Technologies. According to their website Apalya Technologies is based in Hyderabad, India and its primary business is to aggregate premium entertainment content from many different content providers, and then optimize the same to be suitable for mobile viewing. Apalyas works on delivering the best possible mobile entertainment experience based on the type of the device and the kind of network being used.

Funding Funding and more funding.. Well soo much of it that its difficult to get by for a day till funding isn’t mentioned in a post. So here are all the funding updates :
 
Homeshop18 raises 21 M $ from Saif and Capital18
HomeShop18 which is Network18’s online and on-air retail marketing company and which launched the [...]

Well this is surely funding windfall 2.0 and if the earlier windfall was cut short by the dotcom bust this windfall will take some stopping if at all it can stop. The money seems to be pouring in from all directions in India. Those who have invested stay invested and are looking to invest some more and those who had invested earlier and gone back seem to be returing with more money this time around. Atleast that seems to be the case if you look at Canaan Partners and Walden venture Capital.

India is possibly the only market in the world where there might be more Venture capitalists doing the round than entrepreneurs and there and very few platforms as well which help showcase entrepreneurs and give them access to VC’s. One such platform is Proto.in which is happening next month.
 
But back to my point of increasing [...]