The Hindu Business Line : `vtap' service for mobile users

Mobile phone users can now have a new search process in refining it to their choice video in a simple and easy way. The process `vtap', developed by an Indian team of Veveo Inc, enables mobile users reach their result through a unique character-based search that cuts the cumbersome browsing.

Announcing the launch of `vtap' in India, Mr Murali Aravamudan, Founder, President and Chief Executive Officer of Veveo told mediapersons here on Tuesday, there are hundreds of millions of videos available on the Web today and more than half a million get added everyday. He said most web video services were desktopbased and not designed for the mobile or television user.

Mr Aravamudan also announced securing $7.8 million venture capital funding from Mr Promod Haque, Managing Partner of Norwest Venture Partners. The investment will help Veveo expand into the lucrative Indian market.

Mr Haque said, "Although we are still in the early stages of seeing products germinate in India, we believe this will rapidly accelerate with innovative c

More Stories on : Telecommunications | New Products & Services

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Satyam, Arcelor-Mittal in outsourcing deal

`vtap' service for mobile users

Tax waiver for STPI units to continue till March 2010

Tax extension to STPI lifts infotech stocks

Industry sees gains for small, medium biz

Subex in the red in fourth quarter

GSS America income, net up

Firstsource net dips 40%

R Systems posts nearly four-fold rise in Q1 profit

Laird Tech begins production from Sriperumbudur

Help for Blackberry, Palm users

3i Infotech buys Regulus