Gujarat Government VC Fund Helps Mobile And Content Applications Ventures

The Hindu Businessline: Baroda-based start-up E Cube India Solutions specialises in M-commerce applications. It has developed a mobile-operated vending machine for Cadbury, which ejects a bar of chocolate if one punches out some details on the cell phone. Ahmedabad-based Net4Nuts has developed a cricket contest for mobile phones, and it has clients like Idea, Orange and Hutch, leading mobile operators in India. All these companies are some of the 56 startups funded by Gujarat Venture Finance Limited, a VC firm supported by Gujarat government and World Bank.

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