Qualcomm has announced that Reverie Technologies, an Indic language solutions company we’ve covered in detail before, will receive $100,000 of Convertible Note funding, and have the opportunity of winning another $150,000, as the winner of the India leg of its Qualcomm Ventures QPrize business plan competition for 2010.

Apart from Reverie, seven other companies were among the finalists for the QPrize, include ventures that have developed solutions ranging from technology focussed ad networks to community information delivery and exchange:

Buzzstream – an interesting concept, details for which we learned from its description on Knight News Challenge’s website, Buzzstream implements localized mobile streaming and playback of community news feeds, short video films and audio podcasts on public transport vehicles. The streaming service will be coupled with open applications that enable interactive participation of commuters through their mobile devices.

It aims to develop an open-source platform for engaging local citizens in solving urban challenges using the collective wisdom of a captive viewership in a bus, distribute community news to a larger urban audience using mobile digital means and overcome digital and literacy handicaps of economically disadvantaged sections by delivering news over a popular public transport medium in a visual format.

BuzzStream will be launched as a pilot service in Bangalore and will initially be deployed and tested on AC Volvo buses being operated by the local metropolitan transport company (Bangalore Metro Transport Company or BMTC) along several routes in the city.

Reach 360Reach360 is a technology focused ad-network that claims to drive superior results. It features Geographic targeting, Time and day targeting, Frequency Control, Position targeting, Click Fraud Management, among others. Headquartered in Bangalore, India, Reach360 operates with clients from the US, India, Australia, Canada, and the United Kingdom

United Mobile Apps – Founded in 2009, the company is headquartered at Bangalore and develops apps for various mobile platforms. It has developed a platform that allows users to take full control of their mobile device and access their data irrespective of its location. Some of its products include USync Contacts Backup, Friend Locator, Device manager, Connection Manager, Delete Contacts on Android and the Auto Rikshaw complaint app. It also offers professional services such as embedded,host and server based Software development and consulting services related to WiMAX development.

Deltecs Infotech – Based in Mumbai, the company focuses on mobile learning and creates customized solutions according to the needs of a training program. Their mobile application DRONA is a full-featured mobile Learning Management System suite allows large companies to provide training across extended teams, Their other app the Drona VCast pushes educational video content to Blackberry devices.

Mobiesta – A Delhi based venture, the company has developed an app that provides city specific information on events like concerts & plays, movies, shopping in the cities of Delhi, Mumbai, Bangalore, Hyderabad and Pune. It has applications for Symbian, BlackBerry, iPhone and Android.

Quantama– A Bangalore based venture, the company developed a mobile app called Qub3, that allows consumers to find places of interest, deals, promotions and events in their location. Users rate and review places and retailers can target Below The Line (promotional) activities on the basis of customer behavior using the platform.

Awishcar – It offers development and consultancy service for open source solutions. The Mumbai based company provides solutions in brand identity, brand awareness, Website Designing, Web Hosting, Digital Presentations and Print Media.