India’s runaway success in mobile telephony has contributed to value-added services (VAS) for mobile and Internet emerging as the biggest investment focus for venture capitalists, with investments expected to double to $500 million this year.
India is now among the top three markets for mobile and Internet VAS along with the US and China.
There are about 291 Million Mobile subscribers in India and more than 38 Million of those are now accessing the Internet.
India’s subscriber base is expected to be at a staggering 500 Million by 2011. Continue reading “Value Added Services in India attract the VC Pie”

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