One97 Communications represents the young entrepreneurial India one that believes in the potential that lies ahead, one that envisions things before they become a reality and one that leads by innovating.
However, it all started small but with a lot of energy and vision to foresee like most great ideas. Today One97 Communications is a leading full service, multi-range VAS firm in India with the best teams of employees, investors and customers behind it.
Today One97’s learning’s in the Mobile Value Added Services space are immense and ready to be shared with the next generation of entrepreneurs. The dynamics of the sector have ensured that there are enormous opportunities. Support from highly distinguished VC team - SAIF Partners makes the proposition uniquely compelling.
The vision of One97 Mobility Fund (OMF) is to provide meaningful access for mobile-eco-system entrepreneurs capital, mentorship, industry relationships besides significant industry experience and wisdom
OMF is a step towards fortifying the entrepreneurial mobile space with requisite sharing of insight, investment and ingenuity.
OMF is a commitment to translate opportunities in the mobile VAS and allied sectors into relevant, scalable business by working closely with entrepreneurial teams and industry stakeholders.
OMF is a movement, which says we all are good to go to great.
One97 Mobility Fund (OMF) strengthens the mobile entrepreneurial eco-system by leveraging capital, resources, experience and business wisdom at disposal of One97 Communications Ltd and SAIF Partners. The Mobile Value Added Services (MVAS) space provides unprecedented opportunities to entrepreneurs who want to create unique products and services, buoyed by recent business trends and consumption patterns
OMF is a USD 100 million fund which invests across seed & early stages to growth stage companies with average deal size ranging from USD 500k to USD 5 million. OMF supports companies that are focused on serving the Indian markets and leverage mobile as a key delivery medium for customers and enterprises. This includes - device apps, location based services, m-Commerce, MMA , Video, content aggregation among others.
OMF looks for entrepreneurs with game changing, scalable companies in the mobile ecosystem. OMF extends capital along with operating experience, mentorship, resources and relationships to portfolio companies.
OMF is an initiative ably supported by complementary and collaborative strengths of the founding partners – One97 and SAIF Partners.
One97 Communications Ltd., as a business leader in the Indian telecom applications and mobile services space, has a vision for the sector that derives out of its own growth and success and the rapidly changing landscape. It spans the length and the breadth of the telecom landscape in India and overseas, servicing across segments, customers, technologies and geographies.
SAIF Partners brings an institutional vision with its experience in investing and supporting innovative and scalable businesses. SAIF Partners is a leading Asian Private Equity firm that focuses on early stage and growth oriented investments in financial services, IT, telecom, Internet, media and consumer services sectors.
One97 is a pioneer in mobile internet services for consumers in India. It has the widest and largest deployment of telecom application cloud platform. Thriving on innovation, One97 delivers mobile content, advertising and commerce services to millions of mobile consumers.
Headquartered in New Delhi, One97 is more than 1,000 people strong team with regional offices in Mumbai, Chennai, Dhaka, Lagos and Dubai. We have raised significant funding from marquee investors like Intel Capital, SAIF Partners and Silicon Valley Bank.
SAIF Partners is a leading Asian Private Equity firm that focuses on early stage and growth oriented investments in financial services, IT, telecom, internet, media and consumer services sectors. Established in 2001, SAIF currently manages over $4B in assets and has over 100 investments in the region.
The firm’s portfolio companies benefit from access to SAIF’s international network of business relationships, as well as strategic and corporate development support. SAIF’s key investments in India include the National Stock Exchange, MakeMyTrip.com, JustDial.com, Sify, IL&FS Investsmart, HomeShop18, Network18, One97, and CSS SlashSupport. Further details on SAIF Partners can be accessed at www.sbaif.com.
The OMF team is a great blend of acumen, experience, energy and access. OMF gains wonderfully from One97 Communications Ltd as well as SAIF Partners. Entrepreneurial, collaborative and future savvy define the value system that drives team OMF.
Chairman and Managing Director, One97
Vijay is currently the Chairman and Managing Director of One97 Communications Ltd. He is the Founder and Promoter of One97 and has been on the Board since the incorporation. He is currently responsible for the strategy and direction for the Company and leads in all areas relating to business expansion as well as product road map.
Vijay has more than a decade of experience in the telecom and new media industries, having founded his first venture XS Corps while he was at college, which he later sold to Lotus Interworks LLC, New Jersey in 1999. Prior to founding One97 in 2000, Vijay played key roles in a number of organisations such as Riverrun Softwares Services Group Limited, Inter Solutions Software Private Limited, Startec Global Communications Limited, focusing on the design and development of various products and applications for the technology, media and telecom industries.
Vijay holds a Bachelors degree in Engineering from Delhi College of Engineering.
Reach out: vijay@one97mobilityfund.com
Deepak Gaur
VP, SAIF
Deepak is presently Vice President with SAIF based out of Delhi. He is especially passionate about growth opportunities in Health care, retail and consumer products/services space apart from other areas witnessing structural changes.
Deepak was a consultant with McKinsey & Co., Delhi prior to joining SAIF in 2006 and advised senior management of companies in Consumer products/services, IT, telecom and automotive on issues of growth strategy, organization and operational transformation. He also worked with IBM Global services in their Telecom and Media services division.
Deepak is a MBA and a Chairman’s Gold medal holder from Indian Institute of Management, Lucknow and holds a B.Tech. in mechanical engineering from Indian Institute of Technology, Kanpur.
Reach out: deepak@one97mobilityfund.com
Partner and Head of India office, SAIF
Ravi joined SAIF in early 2002 and is currently a Partner and Head of the India office.
Prior to joining SAIF, Ravi was an Associate Partner with Mobius Venture Capital, a $1.25 billion early stage venture capital firm in Silicon Valley. He previously worked at Credit Suisse First Boston and with Wasatch Funds. His primary areas of interest include technology enabled consumer services, financial services, and business services.
Ravi graduated from Cornell University with a Bachelors of Arts in Economics and Government.
Reach out: ravi@one97mobilityfund.com
Associate Vice President, One97
Kiran manages investments of One97 Mobility fund and heads the business development for International markets at One97;He has been associated with One97 since 2009. Kiran has more than a decade of experience in the telecom sector. Prior to joining One97, he has played several roles in number of organizations such as Comverse, IBM and VocalTec.
Kiran holds a MBA from University of Bedfordshire and a Bachelors degree in Engineering from University of Mumbai.
Reach out: kiran@one97mobilityfund.com
OMF entrepreneurs are highly energetic, deeply committed, grounded and know their stuff. The mobile companies that they are building are game changing and stand to do well with requisite support in form on capital, resources, networks, relationships among others.
So if you understand the value that OMF could bring, whether you are an early stage entrepreneur or a fast growth business, with hunger to leapfrog to the next level, we should be talking!
OMF is committed to companies in mobile space. We support companies using mobile as a key medium to deliver products and services to consumers and enterprises. These range from 3G, Video, Content, device applications, Mobile Marketing & Advertising, Location based services, among others
If mobile is your first screen too? You could share with us a 5-10 slide ppt, a concept note, financial model and loads of enthusiasm.
TheMobileGamer Pte Ltd
TMG is a publisher of mobile social games for South East Asia reaching out to over 500M mobile users. TMG license and develop games that are localized and distributed through various networks and operators in SEA.TMG's games work on any mobile device that comes with a mobile browser. Users may visit www.kotagames.com to play the games without any downloads or installation. For more information, go to http://www.tmgamer.co/.
Leapsky Pte Ltd
Leapsky deploys patent-pending 'identity management' technology for secure convergent Mobile Broadband access. They were incubated at Singapore Management University Institute for innovation and entrepreneurship and have started to commercialize their service with a Singapore government 'Spring TECS-POV' grant and seed stage funding. For more information, go to www.leapskywireless.com
Ciqual Limited
Ciqual enables Mobile Operators to improve their data services through actual knowledge of the customer experience. Ciqual combines direct selling with a series of channel partner relationships, including a worldwide channel partner agreement with Nokia Siemens Networks. Current customers include Mobile Operators in the UK, Italy, Spain, China and Australia. www.ciqual.com
Oorja Mobile Services Private Limite
Oorja Mobile Services Private Limited – Oorja provides focused marketing solutions to telecom service providers. It has developed an analytics driven comprehensive customer communications platform. These solutions enable telecom service providers to target customers with particular services, products and promotions based on profiling of customers using network footprints and voluntary customer profiles. This platform enables telecom service providers to offer targeted mobile advertising services to enterprises wishing to place advertisements through their respective networks.www.discoveroorja.com
Tencube Pte Ltd
(Acquired by McAfee, Inc)
Tencube Pte Ltd- Tencube is in the business of development and supply of mobile security solutions. WaveSecure, the flagship product of Tencube, is an innovative security product that provides users with complete mobile device and data protection. It enables users to remotely lock down and track down lost phones, get a copy of their data securely backed up, and remotely wipe data of the phone to protect user privacy. WaveSecure has been selected by leading Global brands such as Nokia as their preferred choice of mobile security service for premium S60 users in India and is one of the highest revenue generating Value-Added-Service (VAS) with the lowest churn in SingTel. www.wavesecure.com
Paytm
Secure and hassle-free online pre-paid mobile recharges at Paytm.com.
Buy mobile recharges for all operators:
Airtel, Vodafone, Reliance, Idea, BSNL, Uninor, Tata Indicom, Aircel, Tata Docomo,
Loop Mobile, MTS, STel, and Videocon, among others, and pay through
net banking / credit or debit cards. http://www.paytm.com/.
Dexetra SS Limited
Dexetra is a fledging product start-up based out of Bangalore, which focuses on Artificial Intelligence around personalized Search and Mobility. For over a year, Dexetra has been building a highly personalized and intelligent Answering Engine, which uses Natural Language Processing, context building and semantic maps to provide answers to users' question. Iris for Android, which is based on the same engine was launched and has around a million downloads within a month of launch. Dexetra hopes to take the Mobile user interface to the next level by making Voice and Natural Language the primary way of interaction, by building a Voice User Interface (VUI) framework. Dexetra SS Limited
Once your plan is submitted, OMF will do a quick interim review of your application and get back to you in three working days and let you know of our interest in your proposal. At this stage, if we are interested, we will send you more questions and set up a meeting to take the conversation further.
