Instamedia Network which owns the blog networking Instablogs.com has announced that it has has secured $4 Million in Series A funding from Times Internet Limited which is a subsidiary of The Times of India...

Mobile VAS space is lately getting a lot of traction and it is an obvious move from the indurstry as the VAS revenues are huge estimated at Rs 5780 crore and growing rapidly at a rate of 70% year-on-year...

Alok Mittal, MD, Canaan Partners, a venture capital firm, says: “When you put that in context, Indian social networking websites are in their infancy. The break-even point is longer, but once they...