Makkad G's 10101
1nformation 0n 1ndian 0nline 1ndustry
(Beta…, Beti, Bhai, Behen. Every1's invited!)
Version 02.15
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Hello,
Here's your issue of Makkad G's 10101 for August 1–15, 2008.
Happy Reading!
Makkad G
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Talk of the Town
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Google working on plans to launch a venture capital arm
Google is reportedly working on plans to start a venture capital arm. The group will be led by David Drummond, Google`s senior vice president of corporate development and chief legal officer. The company has also hired William Maris, a former entrepreneur who has worked as an investor, to help set up the venture.
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Teach India programme gets 65% volunteers through website
The Times of India Group, which recently launched a social initiative called 'Teach India' to teach underprivileged children in India, has said that around 75,000 volunteers have enrolled for the Teach India programme, out of which around 48,000 people have enrolled through its website, Teach.TimesofIndia.com.
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Kidmondo.com enables parents to record and share their child's life
A couple in US have launched Kidmondo.com, an online baby journal and organizer that gives parents a central place to record their child`s milestones and share images with loved ones far and wide.
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HT Media eyes Rs 100 crore revenues from its internet business
HT Media (Hindustan Times) expects to earn Rs 100 crore in revenues from its internet business in around a year and a half. The company has invested around Rs 20 crore in the internet business so far, of a total planned investment of Rs 150 crore over the next three years.
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eBay India selling one product a minute; men account for 75% of shoppers
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Mobile gaming expected to generate $450 million revenue in India by 2012
India generated around $80 million in revenue through mobile gaming in 2007 and the figure is expected to reach $450 million by 2012, according to research firm Gartner. The country is also expected to account the most for total mobile gaming revenue in Asia.
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Burrp revamps its Events section, adds more categories
Burrp.com, a social recommender website for events and hangouts, has revamped its Events section, which now cover lifestyle-related listings from a number of categories including art, dance, fashion, film, festivals, food, drinks, health, nightlife, literature, sports and theatre.
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Voice search firm Ubona gets funding from Capital18
Ubona Technologies, a Bangalore-based startup that allows users in the city to speak the name of a restaurant over the phone and get connected directly to that restaurant, has received an undisclosed Series A round of investment from the Network18 Group's venture capital and private equity arm, Capital18.
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Hungama plans to sell ad inventory for entertainment portals
Virtual Marketing India (Hungama.com) is eyeing the ad inventory sales business in the entertainment portals category. Recently, Hungama appointed Kunal Arora as ad sales head, consumer business. Prior to joining Hungama, Arora was working as regional manager, ad sales for Yahoo India's North and East region.
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TripIt
TripIt is a travel itinerary planner. On sending TripIt one`s travel bookings, it builds an accessible master itinerary.
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LaunchPad-Just Born Online (I just love the Betas!)
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MySpace India launches local hubs for Delhi, Mumbai and Bangalore
Social networking site MySpace India has revamped its India specific section Indihub, which offers MySpace news, specials, videos, friends, cool tips and hot news on what is happening in Mumbai, Delhi and Bangalore. The company has also launched local hubs for these three cities and plans to launch more regional hubs in the future.
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Scrabulous brothers launch new Facebook game called Wordscraper
Jayant and Rajat Agarwalla of Kolkata, the two brothers who had developed an online wordgame called Scrabulous that became a hit among Facebook users and subsequently attracted a law suit from US-based toymaker Hasbro, have launched a new online word game called Wordscraper, with significant changes to make the game look less like Scrabble.
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Google opens its knowledge sharing site Knol for all
Google has opened Knol, a website that allows people to write about their areas of expertise under their bylines, for all. Knol, which stands for a unit of knowledge, was launched in December 2007 and had been limited to an invitation-only audience of contributors for the past seven months.
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GREEdge.com launched to help students prepare for Graduate Record Examination
Chennai-based Valued Epistemics has launched GREEdge.com, an online training platform for Graduate Record Examination aspirants across India.
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MagicBricks launches Call n Post helpline service
Real estate portal MagicBricks.com has launched Call n Post @ 0124 3915555, a helpline service which would enable property sellers and seekers to make a phone call and have their properties or requirements listed on the site. The move is aimed at making the process of property transactions available even to those people who don't have access to internet.
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ICICI Prudential, Dignity Foundation launch job portal for senior citizens
ActivAge, an organisation jointly formed by ICICI Prudential Life Insurance and Dignity Foundation, a non-profit organisation for ageing people, has launched DignitySecondCareers.org, a job portal for senior citizens above the age of 50 years who are looking for a productive way to spend their free time. The job listings on the portal include both paid and voluntary work.
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Malayala Manorama launches matrimonial portal
ManoramaOnline, the online division of Kerala-based Malayala Manorama Group, has launched a matrimonial por tal m4marry.com for Keralites. ManoramaOnline already owns a shopping portal, ManoramaEMart.com, and is now looking at the real estate vertical.
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Rediff launches Bus FareSearch service
Rediff.com has launched Bus FareSearch that allows users to search for buses plying across seven states -- Maharashtra, Karnataka, Andhra Pradesh, Rajasthan, Himachal Pradesh, West Bengal and Uttar Pradesh.
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Ibibo launches travel search engine Bixee Travel; contextual ads platform AdX
Ibibo Web has launched Bixee Travel, a travel search engine that allows users to search for air, rail and bus tickets as well as hotel accommodation. The company has also launched a contextual advertising service called Bixee AdX.
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AOL India launches South Cinema channel on its portal
AOL India has launched a new entertainment section called South Cinema on its portal, AOL.in. The new channel offers entertainment content from the Tamil, Telugu, Kannada and Malayalam film industries.
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Cleartrip introduces hotel reviews powered by TripAdvisor
Online travel company Cleartrip.com has partnered with travel community site TripAdvisor to offer its users hotel reviews while they search for hotels on the Cleartrip site. Recently, Cleartrip.com redesigned its hotel information display and added hotel maps.
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Radio City launches social networking site for music lovers
FM radio station Radio City has launched PlanetRadiocity.com, a social networking site for music lovers. According to the company, PlanetRadiocity will try to boost independent bands, singers and musicians and help them showcase their talent.
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ApnaLoan launches credit card comparator
ApnaLoan.com has launched credit card comparator that allows users to compare about 212 credit cards issued by 28 issuers in India.
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Games2Win launches online game starring Manmohan Singh
Games2Win.com has released an online game on Singh is King starring Manmohan Singh. According to Games2Win, the game is a hilarious take on the Indian Prime Minister`s action-packed political career.
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LiveJournal launches writing contest for Indian writers
Community blogging platform LiveJournal in partnership with Caferati, a literary community, has launched Quick Tales, a writing contest designed to showcase best of Indian user-generated content to global audience. The LiveJournal-Caferati Flash-Fiction Contest, which is open till 7th September 2008, invites Indian writers to write a short story in no more than 500 words which has as its theme 'journal'.
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Shaadi.com makes its services available to Vodafone mobile users
Matrimony portal Shaadi.com has partnered with mobile operator Vodafone to make its services available on mobile plat form. The tie-up would enable Vodafone users to access Shaadi.com's services by calling 57007, sending Shaadi as an SMS to 57007 or by clicking on Shaadi.com link on Vodafone live.
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IndiaEnvironmentPortal.org.in launched to provide environmental information
Centre for Science and Environment (CSE) and National Knowledge Commission (NKC) have jointly launched IndiaEnvironmentPortal.org.in, an environment based portal targeted at users who look for environmental information.
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Google, Yahoo introduce one-click opt-out Ads policy
Yahoo and Google have introduced a one-click opt-out policy that allows users to shut off targeted advertising on these sites. The move follows scrutiny by a US Congressional committee over the intrusiveness of online advertising and behavioural targeting.
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Nexus-Link.Un.Link
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Times Internet (Indiatimes) acquires 50% stake in online book marketplace A1Books
Times Internet Limited, a part of the Times Group, has acquired 50 per cent stake in Webnotions Books India, which owns an online book marketplace A1Books.co.in. US-based Webnotions was founded in 1995 by Shinu Gupta. The company entered India in December 2007.
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People Group (Shaadi.com) appoints Badri Sanjeevi as CFO
People Group (Shaadi.com) has appointed Badri Sanjeevi as chief financial officer. Prior to joining People Group, Sanjeevi was with Deloitte MCS London where he was in-charge of strategic business planning, operational improvement, cost reduction, shared services and merger and acquisition related projects.
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InvestmentYogi launches personal finance portal; looks to raise $5 million VC fund
Hyderabad-based InvestmentYogi FinAdvisory Services has launched InvestmentYogi.com, a personal finance portal that aims to help users manage their money, plan their financial future and navigate through market fluctuations. The company is also looking to raise $5 million (around Rs 20 crore) venture capital fund to grow further.
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Uday Zokarkar quits as chief business officer of ClickJobs; to launch his own venture
Uday Zokarkar, chief business officer of ClickJobs.com, which is a part of Consim Info (BharatMatrimony), has put in his papers. He is expected to launch his own entrepreneurial venture in the next two weeks. Uday Zokarkar's new project would focus on the integration of conventional media like print, television and radio with internet.
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Friendster raises $20 million in funding; appoints Richard Kimber as CEO
Social networking company Friendster has appointed Richard Kimber, former regional managing director of South Asia at Google, as its new chief executive officer and a member of its board of directors. Recently, Friendster raised $20 million in funding.
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Google to sell its Performics search marketing unit to Publicis Groupe
Google has decided to sell its Performics search marketing unit to the France-based advertising holding company Publicis Groupe. Performics had been owned by DoubleClick, and ever since Google's acquisition of that company in March 2008, Google has been expected to unload Performics. The conflict of interest is pretty clear, given that Performics advises clients on how to maximize their visibility on Google.
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S Parameshwar appointed as CFO of Consim Info (BharatMatrimony)
Consim Info (formerly the BharatMatrimony group) has appointed Subramanyam Parameshwar as chief finance officer. Prior to joining Consim Group, Parameshwar was vice president, finance at Zenta Knowledge Services, a leader in US mortgage and realty services.
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FutureBazaar hires Wipro Technologies to redesign its online store
E-commerce site FutureBazaar.com, a subsidiary of Pantaloon Retail India, has hired Wipro Technologies to redesign its online store. FutureBazaar.com plans to relaunch its portal with more dedicated online stores and an extensive range of products which would include regional language movies and books from regional publishers.
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Kashyap Vadapalli joins eBay India as marketing director
eBay India has appointed Kashyap Vadapalli as director, marketing and operations. Prior to joining eBay India, Vadapalli was sales and operations manager at Google. He has also worked as director, sales and business development at Tata Interactive Services.
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Rajan Mehra, former country manager of eBay India, turns VC; joins Clearstone
Rajan Mehra, former country manager of eBay India, has become a venture capitalist. He has joined Clearstone Venture Advisors as venture partner. Rajan Mehra has an entrepreneurial background in the internet space. In 2000, he set up Bidorbuy.com (Bid or Buy) which was later acquired by Baazee.com (now eBay India).
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Consim Info (BharatMatrimony) appoints Media Direction as its media AoR
Consim Info, formerly known as BharatMatrimony Group, has appointed Media Direction, a part of RK Swamy Media Group, as its AoR (agency of record) to handle all its media buying and planning activities. The account size is pegged in excess of Rs 25 crore. Publicis Ambience handles the creative duties of Consim Info.
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Neeraj Sanan quits Web18 as CMO
Neeraj Sanan, chief marketing officer of Web18 has put in his papers citing personal reasons. He had joined Web18, which holds all the internet properties of the Network18 Group, in 2007. Before joining Web18, Sanan was deputy general manager, marketing in the consumer care division of Dabur India
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That's all for now folks!
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Makkad-G
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