Video - Tuesday, July 17, 2007
Founder of India's Rediff Launching "Disruptive Media Technology Business"
Ajit Balakrishnan who founded Indian online portal Rediff.com (NASDAQ: REDF) has been in the news lately over speculation that Yahoo, Google and AOL are bidding to buy Rediff.
Today we learn from job postings that Balakrishnan is building a new un-named startup. "The model will attempt to create a disruption in the TV industry using contemporary internet technologies." The startup is based in Mumbai and has already hired 15 people with experience in digital video.
At this point there is no site to link to.
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