Apalya Technologies, a leader in interactive, on demand Mobile TV services in India, has raised USD 7.5 million in Series B funding. Apalya plans to use the funds to broaden its portfolio of services and technology platform to leverage the vast mobile TV opportunity being presented by the upcoming large scale rollout of 3G services in India.
The investment in Apalya was led by Bangalore based IndoUS Venture Partners (IUVP), a leading venture capital firm. IUVP is a first time investor in Apalya Technologies. With this investment Ms Vani Kola will take a board seat in Apalya Technologies.
“With its unique Mobile TV Technology, Apalya is already making waves in the mobile VAS industry in India, the fastest growing mobile market across the globe. The widespread launch of 3G services in India has the potential to make the mobile screen a dominant live streaming based infotainment and advertising platform with Apalya as the central player,” says Ms Vani Kola, Managing Director, IndoUS Venture Partners.
Existing investors IDG and Qualcomm also participated in the Series B financing thus affirming their faith in long term exponential growth of Apalya. Apalya’s Mobile TV viewership has grown to 4 Million Subscribers after receiving the first round of investment.
During the same period, Apalya partnered with more than 100 television channels including Discovery, Disney and Sony. Apalya also tied up with Reliance communications and Tata Teleservices for delivering mobile TV solutions for their 3G services launch.
Feeling bored at work and no mood to indulge in facebook, twitter etc here is a good news for you, 123timepass has been launched to kill your boredom. 123timepass is a bangalore based startup founded by ex Yahoo and MIcrosoft managers ( they would like to remain anonymous for sometime)
123timepass is meant for users who would like to kill their time diligently. 123timepass has features like Greetings, Games, Chat, SMS etc. Greetings are all flash based and are of very good quality and best part is they are completely free. You can find greetings of all general categories like Birthday, love, Best Wishes but additionally they have event based greetings like Guru Purnima etc. which i have never come across.
Free SMS is another feature which will draw users, workflow around sms is well made. User can schedule the sms, can send sms to a group also.
Chat is quite unique at 123timepaas, its a 1-1 chat with another user logged in the system. No chat rooms, cant select the user you can chat. Its totally a random chat with a stranger picked by the system, must admit quite a thrilling experience
Even games at 123timepass are flash based, quite engaging ones Pirate Shoot out is one of my favorite game. Games are categorized mainly into – Adventure, Board games, Sports, Shooting, Timeout.
I strongly believe intention of launching 123timepass is to give a tough competition to 123greetings.com and may be inspired by the IPO of later. 123timepass generates revenue from Ads.
Do indulge in 123timepass when you are bored and recharge yourself.