Author Archive for Shailaja Neelakantan

Indian Woman Starts Million Rupee Homepage

Shailaja Neelakantan | Tuesday, August 15, 2006 | 1:30 AM PT | 19 comments

A 28-year-old Indian woman who last December started www.crorepatipage.com, an advertising billboard on the Internet for Indians alone, has already earned around $5000, not an insignificant sum in India, The Hindu Business Line reports.

Sunaina Bansal hopes to emulate the success of Briton Alex Tew’s Million Dollar Home Page from which Tew reportedly earned a million dollars. ‘Crorepati’ is a Hindi word that means ‘One who owns a crore of Rupees.’ A crore is equal to 10 million, so a crore of rupees would be about $227,272. The better-known advertisers on Bansal’s page are matrimonial site Shaadi.com, engineering conglomerate Kirloskar and rediff.com.

Bansal started the page offering one million pixels — that will remain active for a minimum of five years –for 10 rupees each, which is 23 cents. Advertisers can buy these pixels in 100 pixel-squares measuring 10 by 10 pixels and the page has been designed to have 10,000 of 100 pixel squares. A click on each advertisement or slogan links visitors to the advertiser’s Web page.

“If a housewife like me can harness the power of the Internet to make a revolution, I am confident that Indian women of today can get increasingly familiar with this new medium and join in boosting the Indian Internet community,” Bansal says, adding that she would like to influence Indian women, “to gear up and join in the Internet revolution in India.”

Does this kind of gimmick work? It seems like most advertisers on Tew’s site did it because they knew it would attract a lot of publicity. So the dozens of copycat sites spawned by Tew’s success would not have done as well as they couldn’t beat having Tew’s first-mover advantage.

Update: Due to my mistake, we used the million dollar page, instead of a million rupee page in the headline - Om

Indian Villages, Internet and Crazy Headlines

Shailaja Neelakantan | Monday, August 14, 2006 | 11:59 AM PT | 20 comments

A mere Web site or a laptop doesn’t empower the underprivileged. Developing countries like India need technology, yes, but what they need more are coherent projects with reliable delivery systems that link technology to the country’s needs.

A Reuters story, ‘Indian village uploads itself onto Internet,’ was picked up by a lot of newspapers around the world this past weekend. By ‘uploads,’ all that was meant was that Hansdehar: Pop. 1753, the north Indian village in question, got itself a Web site.

Big Deal.

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Inside India’s VC Boom

Shailaja Neelakantan | Monday, August 14, 2006 | 12:01 AM PT | 10 comments

Introducing, Shailaja Neelakantan, our India correspondent. A seasoned journalist, Shailaja is an old friend, and we worked together at Forbes, where she was a staff reporter.

She did stints for Fox News and Dow Jones. She will write mostly about start-ups, venture capital, telecom and technology scene in India and other parts of South Asia. She is a fantastic writer, and you will find that outHer coverage will dovetails with my belief that broadband has freed innovation from geographic limitations. Hopefully we can add more voices from our broadband planet. Stay tuned, and if you get a chance, say hello. Meanwhile, here is a great overview of the Indian VC market. - Om!

With a booming mobile phone user base, a steady rise in the number of Internet users, high capital efficiency and a big opportunity for exits, India is seeing the return of venture capital –in the real sense of the word — through funds and via cross-border investments.
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Helion Invests In Mobile Payment Co

Shailaja Neelakantan | Friday, August 11, 2006 | 2:30 PM PT | 0 comments

Helion Venture Partners that recently debuted its $140 million India fund has made its first investment: $2.2 million in JiGrahak Mobility Solutions, reports Business Standard.

NG Pay, the Bangalore-based startup’s product, is a downloadable mobile application that allows users to make payments and buy things using their mobile phones. “Ji Grahak” is Hindi for “Yes, customer.” Helion Venture’s partners Ashish Gupta and Kanwaljit Singh will join the JiGrahak board.

India’s mobile value added services space is getting more and more attention from venture capital as the number of mobile subscribers in India is rising rapidly. The country has 111.23 million mobile subscribers as of the end of July, according to figures released today by the Telecom Regulatory Authority of India. (PDF release.)

Last month, Kleiner Perkins, Caulfield & Byers and Sherpalo Ventures invested around $5 million in PayMate, a mobile payment company. In February Sequoia Capital India and Intel Capital invested $10 million in Mauj Telecom, which provides mobile value-added services like games and ring tones.

Bhutan To Get Broadband, Finally

Shailaja Neelakantan | Thursday, August 10, 2006 | 9:30 AM PT | 5 comments

If you plan to visit beautiful Bhutan, do so early next year and you will be able to use the country’s new broadband network, reports kuenselonline.com. India’s ORG Telecom Limited will build, integrate and test the network which is expected to be operational from January. The service will be available in the core urban areas of Thimphu, Paro, Phuentsholing, Wangduephodrang, Trongsa and Kanglung. These locations already have higher capacity backbone connections in place, but there is no last mile broadband access.

Currently, dial-up connectivity via Druknet, Bhutan Telecom’s Internet service provider, is between 14.4 kbps to 52.2 kbps. This is expected to increase to 512 kbps or higher once the network is completed. Druknet has about 5,000 dial-up users and while the number of users has remained about the same over the years, usage had gone up. The pricing plans have not been worked out, but the DSL based service could in the future also support triple pay services - video, voice and data.

Google to Invest $1 Billion In India

Shailaja Neelakantan | Thursday, August 10, 2006 | 7:48 AM PT | 13 comments

A few days after in announced plans to set up a R&D Center in China, Google has now decided to invest up to $1 billion on a back office in Indian state of Andhra Pradesh, according to news reports. The proposed center, which the Indian government just approved, will likely be spread over a million square feet in what is called a ’special economic zone’ in the southern state. Dell’s and Accenture’s investments were also given the go-ahead.

Google currently operates a development center in Bangalore. Google’s India office was responsible for coming up with Google Finance. About half a dozen technology companies have announced plans to invest a billion dollars or more in India

Bangalore’s Wireless Broadband Dreams

Shailaja Neelakantan | Monday, August 7, 2006 | 10:00 AM PT | 2 comments

Bangalore, often viewed as the hub of India’s Silicon Valley, is looking to join a growing list of cities with wireless broadband everywhere, according to news reports.

The Indian Institute of Information Technology in the southern Indian city has been studying the project for the last six months and has short-listed five companies for the project. The service is supposed to be within two years, though no one is offering any details on how it will get done. Karnataka state, of which Bangalore is the capital, would not be bearing any of the cost of the project, a state government official said.

“The companies will have their own revenue model. It (the venture) will be something which will be platform neutral,” Anup K Pujari, Karnataka’s principal secretary, information technology told Indiatimes.com. He said the idea is to provide broadband Internet access for a customer on the move, irrespective of the telecom service provider the customer uses, with the service provider charging for interconnection. “(The) Expectation is that consumer will pay less than what he is paying today (for wired internet broadband access),” Mr. Pujari said.

Tibet Web TV Launched

Shailaja Neelakantan | Saturday, August 5, 2006 | 8:30 PM PT | 3 comments

The Central Tibetan Administration and Tibetan diaspora have launched Tibet Online, a web television site that will devote most of its coverage to the teachings of the Dalai Lama. However Tibetans inside Tibet may not be able to access the Web television site due to the Great Firewall. Looks like for now the website can be viewed inside the Great Firewall, though for how long, who knows!
“Distance often uproots people from their social and cultural moorings. This online TV could well become a rallying point for Tibetans worldwide,” said Kalon Lobsang Nyandak Zayul, director of the documentary Joy of Living. Tibetonline.tv also features an archive of documentary films on Tibet.

“In the light of changing social patterns, particularly the young, increasingly relying on the Internet for news and information, the web TV will go a long way in getting across the policies and works of the Central Tibetan Administration, realizing thereby one of the cardinal objectives of the Kashag: transparency,” Mr. Zayul said.

Tax Man Chasing Qualcomm In India

Shailaja Neelakantan | Saturday, August 5, 2006 | 11:30 AM PT | 1 comment

Qualcomm is not having a good time in India lately. First there was the whole furor over its talks with Indian CDMA mobile operator Reliance Communications breaking down as it refused to lower royalty charges. Then Reliance Communications, which operates India’s second-largest private mobile service, said it would focus on enhancing GSM services, which analysts see as a not so subtle threat to Qualcomm. Now, India’s tax department has sent the Indian unit of Qualcomm a notice seeking details on royalty collection in India, The Hindu Business Line newspaper reports.

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Intel Plans India WiMAX Trials

Shailaja Neelakantan | Saturday, August 5, 2006 | 8:03 AM PT | 6 comments

Intel plans to start WiMax trials in the next few months in several cities across India including in Mumbai, Delhi, Bangalore and Pune, the Daily News & Analysis reports. “We are also having a dozen trial discussions for the implementation of WiMax networks in India,” Ramamurthy Sivakumar, Intel’s Managing Director for South Asia, told the newspaper.

According to a report by research firms Maravedis and Tonse Telecom India will have 13 million WiMAX subscribers by 2012.  “More than 70 per cent of Indian households do not have access to fixed wired telephone services,” said Adlane Fellah, senior analyst, Maravedis in a press release late June. “Instead, customers have flocked to cellular phone carriers, which have built a tremendous infrastructure to provide service to more than 10 crore (100 million) customers.” (Press Release PDF)

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