Top News

Ideacts Innovations raises $5 million from Sequoia Capital

Ideacts Innovations, which has developed a desktop interface application Clinck, has raised $5 million from Sequoia Capital. Clinck aims to provide cyber cafe users shortcuts to internet browsers, messengers, search, news, entertainment and online storage, as well as advertisements from various companies.

Ideacts Innovations, which has developed a desktop interface application Clinck, has raised $5 million from Sequoia Capital. Clinck aims to provide cyber cafe users shortcuts to internet browsers, messengers, search, news, entertainment and online storage, as well as advertisements from various companies.

Ideacts Innovations has partnered with 625 cyber cafes to install the Clinck application on their computers. In return, the company will pay the cyber cafe owners a fixed amount every month. Ideacts has also attracted 45 advertisers who will advertise through Clinck application.

Ideacts is currently operational in eight cities — Mumbai, Delhi, Chennai, Hyderabad, Ahmedabad, Chandigarh, Pune and Bangalore — and plans to enter tier-2 and 3 cities in 2009. The company expects to have about 3,000 cyber cafes and 200 advertisers by December 2008, according to Rudrajeet Desai, co-founder and CEO, Ideacts Innovations. [Source: Business Standard]

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close