I’m proud to welcome Tata Capital Innovations Fund as an investor in Alef Mobitech, the next-generation mobile Internet enhancement pioneer. From Tata Capital’s announcement last month of a $5 million investment in Alef:
Mr. Vineet Chadha, Partner, Tata Capital Innovations Fund said, “The consumption of data in general and videos in particular, is increasing exponentially. While smart phones have become ubiquitous, the current mobile technologies available are unable to handle the enormous growth in mobile data. Alef’s solution enhances customer experience on mobile networks by providing rich, high quality mobile content along with superior quality interactions. The Fund liked the strong product domain knowledge of the team and is pleased to participate in Alef Mobitech’s growth journey.”
Dr. Ganesh Sundaram, Founder of Alef Mobitech said, “Alef is committed and driven to create an enabling ecosystem to bring about transformative changes, poised to significantly impact the trillion dollar mobile internet market. We are proud to associate with the Tata Capital Innovations Fund on our journey. The Fund’s leadership, global vision, and focus on innovation will provide us tremendous momentum towards acquiring a leadership position in the mobile internet space.”
We live in a world of constant connectivity, where people crave superior online experiences. Alef Mobitech aims to fulfill that craving. The company’s focus is on making mobile internet immersive, intelligent, and interactive. We’re committed to paving a road for Alef that leads straight to the top of this rapidly-growing, incredibly exciting field.