AskLaila Gets $10m in Series B Round

The folks at local search engine AskLaila have snagged $10 million in a Series B round of funding, according to VC Circle. Lightspeed Venture Partners led the round in AskLaila’s parent Bangalore-based Four Interactive. Silicon Valley Bank and return investor Matrix Partners India also participated in the latest round. Matrix invested $2 million in the startup […]

Yet Another Classifieds Site; Times’ Yo List Debuts

Media house Times Group’s new YoList classifieds web site has debuted, adding to the clutter in this online advertising segment.  YoList has been launched in beta (trial version) and currently all ads posted on the web site are free. Registered users of Times Group’ portal IndiaTimes.com can use their existing user id and password to access the […]

Masala gets $4.5m Funding

Social networking start-up Masala Inc. has snagged $4.5 million in Series A funding from VantagePoint Venture Partners, according to a regulatory filing cited by PEHub. Amra Tareen, a former partner at venture capital firm Sevin Rosen Funds, is behind San Francisco-based Masala Inc. Social networking consultant Erik Sundelof is also involved in the new venture. […]

Pano Promises Software-less, Virtualized Desktop

The goal of developing easy-to-manage desktop computers and reducing total cost of ownership (TCO) has been the cherished dream of several Silicon Valley entrepreneurs for more than a decade.  Oracle’s Larry Ellison tried and failed in the late 1990s with his network computers (remember the famous NCs?). Ellison’s buddy Scott McNealy of Sun failed to make much headway […]

Reliance’s BigFlicks.com Goes Live;But Does it Matter?

Reliance – Anil Dhirubhai Ambani Group’s BigFlicks.com entertainment web site has gone live (albeit in alpha mode i.e. a kind of test version). BigFlicks’ selection of Indian entertainment content is supposed to include Bollywood and Indian regional movies, TV programs, movie songs and music videos. Currently, the content is mostly a sparse selection of Hindi, Telugu […]