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Vuclip
Video-on-demand service From Wikipedia, the free encyclopedia
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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]
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Overview
Founders and investors
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]
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Acquisitions
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
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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