With 1.5 Billion dollar buy out of YouTube by Google, you can see the zeal in Indian entrepreneurs rising to a new high. Brain Gain Entertainment’s MeraVideo is all set to receive VC funding to the tune of $1.5 Million and hopefully will be the YouTube of India.
Kanwaldeep S Kalsi, founder of Mera Video said that,
“The money, which is for an initial period of 8-9 months, will be spent on infrastructure, bandwidth scalability, manpower and public relations and marketing of the site“.
They are banking on the advertising model to make money. However, Avnish Bajaj, founding MD of Matrix Partners Investment Fund is a bear when it comes to Internet startups in India.
“Internet users in India spend a fraction of the time compared to the US counterparts where such models are successful. The Indian psyche is different. Hence there’s no viral effect and these sites are difficult to monetise in India“.
However, with Wireless Broadband Access Policy in place, one can expect significant YoY growth of broadband users in India.
Hi, you need to take a look at this new Indian centric video site called AapkaVideo. This one is not just another YouTube clone and this is what makes this service rock! Looks very clean and cool. better than any other existing sites. The looks are pretty Indian and they just have desi content.
The cool feature here is the ‘specials’ category which was quite good as this was something which was not available in other desk sharing services. The interface is pretty simple, clean and easy to work with. You can upload videos with just a few clicks and also share videos by creating a link and emailing them to others. AapkaVideo even lets other users report the videos if they found it offensive and this makes sure the site is free from obscene or offensive content.