Wednesday, May 9, 2007

Fund activity in Mobile Content space

Phonethics Mobile Media, which creates mobile content in short multimedia format including short films, has received angel funding to take its plan to the next step. This segment though is part of very well received mobile sector, but it has not received as much attention as other infrastructure related segments. Take a look at a related story.


Proto.in Business Plan Competition



Here is the press release from Proto.in

Proto.in 2007 Summer Edition – Nominations Begin

The widely anticipated Nomination process for Proto.in 2007 summer edition is officially open. If you are a Technology start-up, be it in the initial stages, seed funded or planning to go IPO, we are accepting nominations from all across Asia. Proto.in is not just about funding your start-up, rather creating Mindshare for your Products among your clients, potential partners, with industry specialists, veteran entrepreneurs and the mainstream media. The last date for nominations is June 05th 2007.

About Proto.in

Proto.in is about giving entrepreneurs a platform to express their visions and showcase their imagination, with a working prototype, for the world to see. It's about increasing partnership, collaboration and mindshare among a distinguished, qualified and well-connected audience. Proto.in provides a unique platform for promising startup talent to communicate their creativity and innovation potential. As a meeting place for the smartest entrepreneurs, venture capitalists and professionals, Proto.in stands true to its mantra "Create, Contribute, Collaborate."

A Look back at the First Edition

During the first edition, Twenty seven companies, selected from more than one hundred nominations that came in, presented their vision and demonstrated their products to an audience which consisted of VCs, potential partners, clients and in some case even have courted potential acquirers.

There were about ten companies which presented during Proto which are courted by three VC firms on average. There were more than a handful of companies that were struggling to get clients and have signed up clients - either with someone who came for the event or with someone outside who heard about the company after Proto, have managed to establish a network of fellow and like-minded entrepreneurs, and gain valuable feedback on the business and product roadmap as they presented.

Second Edition – What’s in store?

We have widened our horizon and are looking at companies from across Asia. We are bringing in companies from countries such as Singapore, Malaysia, Hong Kong, Taiwan and China to enable cross-border collaboration in technology and perspectives.
The confirmations from the camp of Venture capitalists have come in hard and fast from Sequoia Capital, Greylock Partners, Clearstone Ventures, Canaan Partners, NEA-Indo US Ventures, Gabriel Ventures, Mentor Partners, Venture east ,Silicon Valley Bank, Plus Ventures, Matrix Partners, FootPrint Ventures, Bluerun Ventures apart from other Angel investors and Private Equity Firms.

International and Indian Organizations supporting Entrepreneurship and technological innovations such as IAMAI, TiE, TeNeT, ASES, TeDD, Malaysia IDA, Singapore have come forward and extended their support for Proto.in


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