TeleDNA To Raise $10 Million; Launches “IndiaMobileTV”

Business Standard: Bangalore-based TeleDNA, a provider of mobile VAS (value-added services) infrastructure products to cellular operators, is talking to VCs to raise about $10 million. The company is so far angel funded. The company plans to expand into mobile advertising and live TV channels using Wimax networks. The company has also launched a new initiative called “IndiaMobileTV“, which is an end-to-end, off-the-shelf mobile entertainment platform serving mobile consumers, advertisement agencies, content producers and media channels.

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