Bennett, Coleman Picks Up Stake In NowPos, Voice Mail Startup

Bennett, Coleman and Company, the publishers of The Times of India and The Economic Times, has acquired an undisclosed stake in NowPos Online Services, a Hyderabad-based startup that has developed a voice mail product. The financial terms are not available. The company was incorporated in 2005 by a group of entrepreneurs led by Ayyappa Nagubandi. Its first voice email product was rolled out in February 2006. NowPos was rated by Frost & Sullivan as one of the top of Top 20 Broadband Innovations in Asia Pacific.

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