Mig33 Raises 8.9 million $ From Indonesian Entrepreneur

Mobile social network Mig33 which we have blogged about before has raised a series C round of funding from multiple investors. The funding is to the tune of 8.9 million $ and is led by Indonesian telecom...
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Astro Group Acquires 50% In In Indian Online Firm Morgae Digital – Mobile Social Networking Foray Expected

A Malaysia based media conglomerate Astro Group has acquired a 50% stake in little known Indian online firm Mogae Digital for $5 million. That puts the valuation of Morgae digital at 10 million and I have...
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Coca Cola launches Sprite Yard- A Mobile Social Network

      Coca Cola is soon to launch its new mobile social network called Sprite Yard which will be launched on June 22nd in the US. Users would be able to share photos and download videos...
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