Friday, December 7, 2007

Kerala firm logs youngest entry in Nasscom Innovator roster


hiruvananthapuram, Dec 6 Kerala campus IT startup MobMe (Mobile Media and Entertainment) has entered the league of majors like Infosys, TCS, CTS, HP and Texas Instruments in the Nasscom's list of top 100 Indian IT Innovators, released this week. MobMe is the youngest company entry in the Nasscom. roster.

"The entry gives credence that innovation can happen in backyards too," says MobME CEO Sanjay Vijayakumar. The company was formed by a bunch of engineering college students in Kerala. As part of an ambitious $7-million venture capital funding plan, the promoters had raised $250,000 from NRI investors.

Mobshare which is in closed beta and hosted at www.mobshare.in is a platform that allows users to transfer images from mobile phones to the internet over a social network. Nasscom had evaluated the Mobshare platform before allowing the young company into the innovator list.

Mobshare also comprises Video and Photo Sharing features and allows users to create individual profiles for each user. Mobshare will open up and throw tough competition to Orkut, Facebook and other Social Networking sites in India after its much anticipated launch in January 2008, a release, here, has said.

The Mobshare Technology is also being used to power up the Citizen Journalism Initiative by CNN-IBN and will soon be launched Pan India, Sanjay Vijaykumar said. Using this, Citizen can send photos from their mobile phones directly to CNN-IBN studio using MMS Technology.





No comments:

Custom Search

Ways4Forex

Women of 21st Century

India: As it happens