WestBridge picks up stake in Mauj

Posted on | February 22, 2006 |

Business Standard reports that mobile content aggregator Mauj Telecom has received an investment from leading venture capitalist WestBridge Capital Partners.

Even though the exact investment size could not be ascertained, it is slated as one of the major deals in the domestic mobile value added services (VAS) market.

WestBridge Capital Partners is a leading venture capital fund with over $350 million under its management. This is the second investment by WestBridge in an Indian company, the earlier being in Nazara, another Mumbai-based mobile content company.

Mauj Telecom is a provider of mobile content and applications (like games, wallpapers, ringtones, news and matrimonials), mobile software and services (middleware solutions, roaming applications and SMS gateways) and mobile media solutions (advertising and branding).

Mauj is the wireless division of the People Infocom, which owns portals like Shaadi.com and Fropper.com.

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