Rediff has invested an undisclosed sum (which as RG tells me is not a huge amount) in Vakow (read our earlier covearge)
Vakow is gaining popularity in youth segment and the Mumbai based startup has tried lot of interesting ways to gain inroads (integrated with Orkut, which was blocked later).
Vakow plans to use this fund for expanding the team.
Congrats to RG and his team (am glad that pluGGd.in was the first one to introduce Vakow 🙂 )
Good part about investment from a big co. is that it validates your business model and opens up the door for investors.