openPR Logo
Press release

Deltecs Raises First Round of Funding from Kutchi Angel Network

11-26-2011 08:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Deltecs InfoTech

Deltecs’ flagship product DRONA which was started as a mobile learning & communication platform, aims to expand to newer domains like Mobile Marketing Automation, Sales & Channel enablement. The funding will be used by Deltecs for ramping up the team, expanding the product offering and building marketing, sales & customer support infrastructure. DRONA has started giving out its exclusive-beta invites for new version.

The company is founded by former Wipro engineers Divyesh Kharade, Jinen Dedhia and Akash Shah. Started as tech-garage-startup, boot strapped with initial services projects to fund the development of the product DRONA. “This funding not only validates our unique methodology and positions us to expand into new verticals, it also allows us to continue helping business to effectively engage their audience on mobile platform." said Divyesh Kharade, co-founder and CEO at Deltecs InfoTech.

Award wining product DRONA provides mobile learning to executives on smartphones. These can also be used as corporate video channels for training purpose or internal communications. Some of Deltecs clients include Airtel, UltraTech Cement, State Bank of India, Wipro, Fullerton and Indian Railways, among others.

The company has recently launched BizPunditz that provides digital library of best practices from India’s finest leaders through a video clip spanning 3-6 minutes. It is a joint venture between Deltecs and Anita Bhogle. Anita, communication consultant and the author of the best-seller “The Winning Way”, runs a consulting firm Prosearch.

About KAN:
The Kutchi Angel Network (KAN) is promoted by business houses like Anchor Group, Navneet Group and Gala Group, will support entrepreneurs from Kutch district of Gujarat state. KAN has made its debut deal by investing in Deltecs Infotech, a mobile learning solutions company. It would also close an investment in the manufacturing space soon, said Kirit Gala, managing director of Gala Precision Engineering and one of the promoters of KAN. In 2009, he sold the compressor business of his group to Switzerland-based Hoerbiger. Incidentally, Gala Precision Technology, the compressor unit, was backed by India Value Fund Advisors.

Other promoters of KAN include the Anchor Group, which sold its electrical accessories business to Japanese electrical giant Matsushita Electric Works for Rs 2,000 crore and has interests in FMCG, real estate, writing products and IPL (as an investor in Kochi Tuskers); Navneet Group, whose flagship is the BSE-listed education content provider Navneet Publications (India); promoters of chemical manufacturing firm Aarti Industries and the jewellery firm Antara.

The network will provide mentoring and also take board seats in its investee companies. KAN will look to invest across all sectors except real estate, hotel & restaurants, alcohol, poultry, fisheries, leather manufacturing and tobacco & related products.

Deltecs was founded in Feb 2007, a Mumbai based company, pioneering in handheld learning Technologies. Deltecs has been a market leader in terms of productizing mobile learning management system. It is leading provider of Enterprise Mobile Learning Products for organizations, institutes. Its award-winning product Drona, is India's only purpose built development and delivery platform for mobile learning. Drona enables enterprises with a complete end to end infrastructure and a turn-key solution to take their training to their employees' handsets.

Corporate Office
E-Wing,111,Crystal Plaza,
Opposite Infiniti Mall, Andheri West, Mumbai
Pincode: 400053

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Deltecs Raises First Round of Funding from Kutchi Angel Network here

News-ID: 202128 • Views: 2233

More Releases for India

01-17-2011 | Health & Medicine
KJIVF
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables