Photo by The Joy of the Mundane
Illustration by Brajeshwar
“The Business-Simplified” print version from Hindustan Times – Mint, carried an article today of Nokia’s skeptical view towards investments in mobile startups. BlueRun Ventures is a Menlo Park (CA, USA) and is backed by one of the world’s largest handset maker – Nokia. Being backed up Nokia, the viable notion is that they will be more towards mobile and mobile startups but the irony is they are indeed backing away from the mobile sector, specially from startups that targets the mobile value-added services (VAS).