Tech News Round-Up from India

04:41 | Kamla Bhatt | Jan 22nd, 2007 4:07pm |

Mayfield Funds has made investments in Tejas Networks and Seed Fund, but terms of both the investments were not revealed.

Navin Chaddha joined the board of Bangalore-based Tejas Networks, an optical networking company. Navin is a serial investor and entrepreneur who founded VXtreme, which was later acquired by Microsoft and eventually became Windows Media.

Adventity, a KPO and BPO firm, received $20 million in funding.

The round was led by Norwest Venture Partners. With this funding, Pramod Haque will join the board of Adventity. Norwest Venture Partners and Pramod Haque have also made investments in Persistent Systems, Yatra, and Sulekha.

The race to acquire Hutch Essar, India’s fourth largest mobile operator, continues.

Bangalore-based Subex Azure Ltd has acquired Canadian company Syndesis for $164.5 million. Syndesis is a telecom operation support software company.

Mobile Bollywood is a new initiative started by Hungama Mobile, Roamware, and GSM Association headed by noted film director Sanjay Gupta.

Hutch recently signed a deal with the Walt Disney Internet Group.

And, how much does an iPod cost in India? Take a guess. You might be surprised.

Tags: Mayfield Funds, Navin Chaddha, Tejas Networks, entrepreneur, Microsoft, Adventity, Pramod Haque, Hutch Essar, Sanjay Gupta

This entry was posted on Monday, January 22nd, 2007 at 4:07 pm and is filed under PodTech, Enterprise 2.0, India, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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