Social Networking - Monday, July 28, 2008
Intel Invests In Indian What's Happenin' Portal BuzzInTown
Intel has invested an undisclosed amount in Wortal, which calls BuzzInTown "Our first baby." This is Series A for Wortal, which says that it has raised angel funding. The concept is that there are a lot of options for young Indians with some disposable income. BuzzInTown can help them keep track of musicals, plays, book reads, concerts, sports, live bands, exhibitions and expos. For people living in the US the site will hardly bowl you over. But we understand there are not many Web 2.0 sites in India to track entertainment.
Wortal is led by CEO and Co-Founder Amitabh Saran who is a computer science PhD who worked at HP and NASA among other places.
Intel also announced that it invested in travel site as well as Yatra Emnet Samsara Media Pvt., an out-of-home advertising firm focusing on the Indian public transportation market. Between the 3, Intel says it invested $17M. Seems odd that Intel keeps making group investing announcements like this.
View - site
More Recent Articles
Does A Tough Quarter For Evergreen Solar And Energy Conversion Devices Mean First Solar Will Follow?
Tuesday February 9, 2010
Solar investors probably tossed and turned in their beds last night after reading the quarterly reports for Evergreen Solar (ESLR:NASDAQ) and Energy Conversion Devices (ECD) (ENER:NASDAQ). With both companies reporting revenue declines and larger th... Full Story
Petra Solar Raises $40M For Utility Pole Panels
Tuesday February 9, 2010
Petra Solar out of South Plainfield, NJ has raised $40M in 2nd-round funding. Craton Equity Partners and Espírito Santo Ventures co-led the round and were joined by return backers Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait... Full Story
Categories
- Venture Capital (288)
- Advertising (451)
- Aircraft (17)
- Alternative Energy (300)
- ASP (39)
- Batteries (10)
- Biometrics (3)
- Biotechnology (9)
- Communications (63)
- Digital Hollywood (18)
- Digital Home (35)
- eCommerce (468)
- Educational Software (31)
- eHealth (31)
- Email Software (7)
- Enterprise Software (260)
- Euro Ventures (129)
- File Sharing (23)
- Financial Software (43)
- Food (3)
- Games (185)
- Hardware (46)
- Homeland Security (7)
- IMterviews (6)
- IPO (42)
- Jobs (49)
- Media (360)
- Nanotechnology (14)
- Networking (95)
- News & Updates (1387)
- Online (17)
- Peripherals (42)
- Photo Software (49)
- Publishing (9)
- RFID (3)
- Robots (15)
- Satellites (8)
- Search (209)
- Security (95)
- Semiconductors (75)
- Social Networking (426)
- Space (1)
- Sponsored Post (11)
- Storage (41)
- Tech stocks (308)
- Telecom Equipment (16)
- Transportation (3)
- Video (234)
- Voice (67)
- Web 2.0 (140)
- Web Development (8)
- Where Are They Now (30)
- Wireless (384)
Post a comment