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The Venture Codex

Videocon & Group Companies

14 K.M. Stone, Aurangabad - Paithan Road, Village: Chittegaon, Tal: Paithan, Aurangabad District, Maharashtra, 431105, India

Overview

Videocon Telecommunications Limited, a Videocon group company offers GSM mobile services GSM service under the brand name Videocon. The services are already up and running in Punjab*, Gujarat, Haryana, Madhya Pradesh and soon will be present across the country. The Videocon Group is a $10 billion, global business conglomerate with a strong presence in Household Consumer Goods, Oil & Gas, Retail, Telecom, DTH and the Power sector. The Videocon group has constantly leveraged a culture of innovation to develop a range of market re-defining products. The Group has several manufacturing facilities globally and R&D centers spread across Americas, Europe and Australasia that are constantly working towards creating global quality products deploying the most up-to-date technology. Videocon has one of the largest distribution networks in India with a nation-wide presence. The Group has a full range of products in Flat Panel Devices (LCD’s) and CTV’s, Washing Machines, ACs, Refrigerators, Home Theatre systems, microwave ovens, food processors, and sophisticated small home appliances. Recently the group also successfully launched a range of Mobile Handsets and next-generation Direct-to-Home television services and world’s first satellite TV. Apart from having a stronghold in the domestic market, the company has a significant market share in the global arena as well. Videocon exports consumer electronics and home appliances to markets in the Middle East and Europe, West Asia, Latin America and South East Asia. The Group is rated among India’s Top 15 Business Houses and is listed among the 100 Emerging Giants of the World according to a Boston Consulting Group study in addition to being rated amongst the Top 15 of India’s ‘buzziest brands’ by agencyfaqs in 2010.

Total investments
2
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Telecommunications
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Investment portfolio

  • Vivio

    Participated · Equity · Feb 2012

    Vivio offers cloud access to desktop applications, data and a Windows desktop environment accessible from Macs, PCs, Android tablets, iPads, notebooks and netbooks. Its product suite includes nDrive (synchronised storage with 10GB free), nDesktop (Windows from the cloud to any device) and nApps (rent desktop software in the cloud). The company is based in Palo Alto, CA and was founded by Sachin Duggal and Saurabh Dhoot. Vivio raised $21M in funding to support its growth. The proceeds will be used to expand engineering efforts in its Palo Alto office. Management plans to further roll out the cloud platform across Europe, the Middle East, India and Australia.

  • nivio

    Led · Equity · Feb 2012

    nivio is a global startup that delivers always-on access to a full Windows OS, desktop applications and synchronized storage from the cloud to iOS, Android, Windows and Mac devices. Its product lineup includes downloadable rich clients plus the Ubiquity HTML5 client that delivers the entire desktop without downloads, an App Store for renting desktop software, and nDrive which provides 10GB of synced storage. The company uses a pay-as-you-go subscription model and emphasizes minimizing latency and maximizing capacity and availability through its integrated platform and IP. The announcement follows nivio's US launch at Macworld|iWorld and describes upcoming client releases for multiple platforms. The funding will be used to expand engineering in Palo Alto and to roll out the cloud platform across Europe, the Middle East, India and Australia. The company is also vocal about its culture and mission; it was founded by two friends and the founder Sachin Dev Duggal is quoted throughout the release.

Team

No current team members are available.