ideacts innovations launches 'CLINCK'

The company has received its first round of funding of $5 million from Sequoia Capital. The company has Sequoia Capital India's Senior Advisor, R Ramaraj, and Sequoia Capital India's Operating Partner, Mohit Bhatnagar, on its Board of Members.
"We will invest the amount for technology development and retail operations," Desai said.
CLINCK is an active desktop application that provides entertainment, information and utility for users. It features system shortcuts for Internet Explorer, Firefox, Web Search, Yahoo Messanger, GTalk, Windows Live Messenger Shortcut and interactive advertisements.
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"We provide the application software free of cost to the cyber-cafe owners and pay them a fixed amount every month for using CLINCK," Desai said.
Presently, the company has tied up with around 45 advertisers and is working with 625 cyber cafes, Desai said.
"We would have around 3,000 cybercafes in our list by December and around 200 advertisers in our list," he said.
"This year the company would focus mainly on the top 8 cities of Bangalore, Delhi, Mumbai, Chennai, Hyderabad, Pune, Ahmedabad and Chandigarh and later on expand to other parts of the country," he added.
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First Published: Jul 02 2008 | 3:27 PM IST


