India Internet Investments

The past week was a big one for the Indian Internet. Rediff raised $48 million and Sify got an investment of $100 million (of which $37 went into the company, and the rest was used to buy Satyam’s stake). Both companies now have plenty of cash for building out infrastucture and services. Hopefeully, we will now see a lot more innovation and action in the Indian Internet space.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.