Globespan’s Ganesan backs Jajah to be a hit in Net calling industry
Mountain View, Calif.-based Jajah Inc. offers voice-over-Internet services with a twist — callers type in their phone number on the company’s Web site and then type in the number of the person or place they want to call and Jajah connects the call. Among the company’s backers is Globespan Capital Partners’ Venky Ganesan. Photo courtesy of clipart.com
MOUNTAIN VIEW, Calif. — Does the thought of making free calls from your office desk or wireless phone sans headsets or a broadband connection strike you as a cool innovation? What if you could telephone India for less than a dime a minute?
If this sounds too good to be true, then behold Jajah Inc., an upstart Internet phone company which aims to shake up how people communicate with one another with the promise of free and simple long-distance calling. All you need is a computer with Internet access and a telephone.
Jajah's primary service, Jajah Web, takes an approach called Web-activated telephony, or Voice over Internet Protocol, to connect traditional phones (landline or mobile). Calls are made without downloaded or user-installed software, and in most cases at rates lower than those of traditional phone companies or even free of charge.
WASHINGTON — The United States and India made public late last month the text of their landmark civil nuclear cooperation agreement, hailing it as a major compromise that will provide strategic and economic benefits for both countries. But that did little to appease critics of the bill domestically, who say it weakens American nonproliferation policy and gives away too much to the Indian nuclear establishment.
WESTFORD, Mass. — After developing push-to-talk technology for mobile phones and the wireless industry's first softswitch, a technology that enables mobile phone calls to be routed through software, Shamim Naqvi hasn't rested on his laurels and has now tackled the next wave of mobile innovation.
Novarra Inc. recently closed on one of the largest venture capital deals of the year netted by a South Asian-led company, bringing in $50 million in its second round. The funding round, lead by JK&B Capital and Qualcomm, was the largest of a recent spate of venture capital deals landed by South Asian companies. Jayanthi Ragarajan is the chief executive officer of Novarra.
Indian drugmaker gets crack at U.S. generic Valtrex market
TRENTON, N.J. — Indian generic drugmaker Ranbaxy Laboratories Ltd. and GlaxoSmithKline Plc. have settled their long-running patent dispute over the British pharmaceutical giant's billion-dollar Valtrex anti-herpes drug, a move that guarantees Ranbaxy the right to launch a copycat version of the drug in a little over two years.
Seattle coffee chain giant pulls plug on Indian plans, then retracts stance — now plots to enter country
SEATTLE — Less than two weeks after shelving its planned entry into the Indian market, Starbucks Corp. has reversed course and is now looking to enter India within two years.
All cash deal for publicly traded Infocrossing could hit $600m
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