wordpress blog stats
Connect with us

Hi, what are you looking for?

Post Acquisition, ActiveMedia Eyes Scale; Platform, Ad-Supported, Secure Payment Services Domains

Raj Singh, MD India for ActiveMedia Technologies, which announced yesterday that it has been acquired by AIM listed 2ergo, told MediaNama that the acquisition is essentially about scale, and the opportunity to offer more services, and expand to multiple geographies. Read the payout details here. Excerpts from the interview: What is the rationale behind the sale to 2ergo? "We've been around for a couple of years in the Indian market - and there's a change coming in the industry, in terms of how customers are working and our competition is moving. We have to scale up, and have the ability to service multinational operators in multiple territories," Singh said adding that this was among the biggest drivers for the company. "The second was to find a partner with strength - financial strength and International presence, and the aspiration to grow their business," Singh said. "The other piece is the ability to offer a wider portfolio of services in India - particularly mobile Internet services, on device applications, iPhone and Android applications as well. We've been very SMS focused as a company, and moving to WAP and device applications was a benefit. We wanted to be able to invest in the Indian market more aggressively." Will you be getting into the platform services space? 2ergo has a platform that integrates voice, data, text, email, video etc.? One segment that we haven't gone after so far in India has been the IVR (Voice) space of the business, which will be on our mandate.…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

Free Reads

News

Any licensed service provider will be eligible for testing in the regulatory sandbox as principal applicants, provided they meet the conditions laid down for...

News

The FIR has been filed with the Cyber Crime Cell of the Mumbai Police against an undisclosed person under sections of the Indian Penal...

News

Paytm streamlines UPI services, transitioning users from Paytm Payments Bank to four major PSP banks after NPCI green light.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ