Vuclip

Vuclip
Type of businessPrivate
FoundedJuly 2008
Headquarters,
United States
No. of locationsUS, Singapore, Kuala Lampur, Mumbai, Delhi, Pune, Dubai, Jakarta
Area servedEmerging markets
OwnerPCCW Media
Key peopleCEO, Nickhil Jakatdar, COO and President, Arun Prakash, CTO, Bo Shen, CFO, Apurva Desai, CRO, Salman Hussain, CPO, Satheesh Kumar
IndustryEntertainment
Employees500
URLvuclip.com

Vuclip is a mobile video on demand (VOD) service for emerging markets with over 7 million subscribers per quarter in India, Indonesia, Malaysia, Thailand, Egypt and the United Arab Emirates. Vuclip is headquartered in Milpitas, California, and has a presence in Dubai, Beijing, Kuala Lumpur, Mumbai, Delhi, Jakarta, Bangkok, and Singapore.[1]

Overview

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Founders and investors

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Vuclip was incorporated as a Milpitas-based mobile video search company by Nickhil Jakatdar (Founder and CEO, Vuclip) and Xinhui Niu in July 2008.[2] The company raised $13 million in Series D, led by a new investor, SingTel Innov8 as the lead investor.[3] Since inception in 2008, Vuclip has attracted more than $40 million in investment from outfits including U.S. venture capital firms New Enterprise Associates and Jafco Ventures and Singapore's SingTel Innov8.[4]

In March 2015, PCCW Media, a Hong Kong-based Media and Entertainment Group acquired a majority stake in the company to enable it to expand it’s services in the Asia Pacific region.[5]

Acquisitions

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In February 2013, Vuclip made its first acquisition; the mobile video company Jigsee,[6] to expand its own premium content inventory and app capabilities in India, one of Vuclip's biggest markets.[7]

Awards and recognition

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Mobby's Award for Best New App at the Mobile Digital and Marketing Summit [2013][7] Smarties India Award for the publisher/media company of the year [2013][8] Impact's Icons of India's Digital Ecosystem.[9]

References

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  1. ^ "MBC and Vuclip Expand Strategic Partnership to Bring Exclusive Premium Content on Mobile for Audiences Across the Middle East". Archived from the original on 2015-06-19. Retrieved 2015-04-22.
  2. ^ "Name change for Milpitas mobile software firm". San Francisco Business Times. Retrieved 2008-08-19.
  3. ^ "Vuclip secures $13M in Series D from SingTel Innov8, existing investors". Retrieved 2012-11-15.
  4. ^ "Vuclip Strikes Bollywood Content Deal With Balaji". Variety. Retrieved 2014-07-02.
  5. ^ "PCCW Media looks beyond Hong Kong with Vuclip investment". Marketing Interactive. Retrieved 2015-03-11.
  6. ^ Lunden, Ingrid (14 February 2013). "Mobile Video Startup Vuclip Buys Jigsee To Target Emerging Markets With Apps - TechCrunch".
  7. ^ a b "Vuclip Wins Mobbys Awards 2013 For Innovation In The Mobile Industry". Archived from the original on 2014-11-29. Retrieved 2014-11-18.
  8. ^ "Vuclip wins Smarties India Award". India Infoline. Retrieved 2013-09-07.[permanent dead link]
  9. ^ Icons of India's Digital Ecosystem (Report).[permanent dead link]