India’s Leading Telecom App Services Provider One97 Makes Strategic Investment In tenCube
February 3, 2010 by Gwendolyn Regina T
Seems like tenCube has not just made waves in 2009 when we last picked the mobile security company as one of the “5 Tech Entrepreneurship Events that Rocked SG in 2009″, but they also started out the new year with a big bang.
The company behind the mobile device and data security product that protects users in more than 130 countries, WaveSecure, just announced a new strategic investment by One97 Communications – India’s leading telecommunications application services provider.
No word on how much the investment quantum was.
The Upside For One97
The deal with tenCube makes sense for One97 as they will now expand their market from dealing in cloud-based telecom applications and services to include device applications – those that are gotten through direct download channels such as app stores.
One97 will get priority reseller rights for WaveSecure in multiple geographies including India.
The Upside For tenCube
Though India isn’t a new market for tenCube (check out here and here), being able to link up with the leading telecom application services provider in India means they can immediately gain access to the 100% mobile market user reach of One97.
Come 25th Feb, you can also hear tenCube speak on their two Android Developer Challenge wins.
You can also read our interview with tenCube CEO, Darius Cheung at the Nokia Developer Summit in Monte Carlo, Monaco last year.
About The Author
Gwendolyn Regina T - Co-Founder and Editor-in-Chief
Apart from SGE, Gwen is also a Partner at Thymos Capital, where she focuses on early stage investments in technology firms. She has had two exits out of her investments via the firm, one of which is iHipo. A frequent judge for business competitions both locally and overseas, she graduated from the National University of Singapore. Gwen also spent some time in Silicon Valley and studied in Stanford University under the NUS Overseas College programme. Gwen is a mentor at Spanish incubator Tetuan Valley, Polish incubator Gamma Rebels, the Singapore Ambassador for the Sandbox network and the Singapore curator for StartupDigest. She enjoys languages, travelling, dance and adventure sports. Gwen can be found on LinkedIn and Twitter.
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