Zapak Breaks Even: $3M In Revenues Last Qtr, $1M From Advertising

Reliance Entertainment President Rajesh Sawhney has disclosed that Zapak, the online gaming businesss from the Reliance ADA Group had reported revenues of $3 million for the last quarter, and has broken even. What’s interesting is that only $1 million of the revenues were from advertising: Sawhney told MediaNama that the rest was from other [...]

Sandeep Murthy Of KPCB & Sherpalo Ventures On The VC-Entrepreneur Dance

Sandeep Murthy of KPCB & Sherpalo Ventures, in response to Sloka Telecom CEO Sujai Karampuri’s comments on the apathy of Venture Capitalists towards technology componies: 
Interesting discussion… here’s how I look at our business:
As in all businesses, VCs will look to find ways to mitigate the risks involved in generating returns… a starting point for this [...]

Report: Mukherjea Stake In INX News Bought By NaiDunia Promoter, Former BusinessWorld Editor

So it’s finally done, and as had been predicted, the Mukherjea’s appear to have exited INX News: Indiantelevision.com reports that Indi Media, a joint venture between Vijay Chhajlani, promoter of the Naidunia Group and Jehangir Pocha have bought the approximately 50% stake held by Peter and Indrani Mukherjea. In this context, do note that Jehangir Pocha, [...]

#Headstart09 : Indian Technology Companies Don’t Get Funded

Note: If any VC would like to respond to this, whether publically or anonymously, do get in touch with me at nikhil@medianama.com or +919810310053 (SMS)
Where Venture Capitalists Are Failing In India - Sujai Karampuri, CEO of Sloka Telecom
Much spleen vented at Venture Capitalists by Sujai Karampuri, CEO of Sloka Telecom at Headstart.in, being held in Bangalore: 
“Venture [...]

Do-It-Yourself RFID Service Tikitag Launches In India; The Market, The Timing?

 
Tikitag, a service that enables the launching of online applications by touching a Radio Frequency Identification (RFID) or (NFC) device like a cellphone to an item tagged with an RFID Chip, has launched in India. The Belgian company is backed by Alcatel-Lucent Ventures, and is fairly unique in what they’re trying to do:
How it works
What’s [...]

Job Listings On Naukri.com Decline By 22.4% Since July; On Revenue Implications

Update: According to Naukri.com the number of job listings on the site cannot be correlated with revenues:
a. The Revenue model for Naukri.com is largely subscription based which varies from annual to quarterly periods. A large proportion of these are annual contracts. Therefore a reduction in the number of posting does not necessarily translate into a corresponding drop [...]

Dow Jones’ Proposal To Set Up Wholly Owned Indian Subsidiary Deferred By Govt

Update: Dow Jones has declined to comment on their India plans at this time, but from what we’ve heard, they looking more at the version of the Asian Wall Street Journal than the US or European edition. What is perhaps going to be more interesting, is the pricing that they choose for the Indian market, [...]

Nikhil Pahwa

Nikhil Pahwa has written 108 posts for MediaNama
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