• Home
  • Biz Tech
  • Consumer Tech
  • Internet
  • Mobile
  • Startups
  • Android Apple E-Commerce Facebook Google Microsoft
  • VCCircle
  • About
  • Advertise
  • Contact
Home > Internet > Ignighter To Launch Mobile App; Targets South-East Asia

Ignighter To Launch Mobile App; Targets South-East Asia

May 16, 2011 | Preethi J
  • Comments
  • Tweet

Group dating site Ignighter.com is in the process of launching a mobile application in India. The mobile app would add a revenue stream to the company, which currently monetises its site via an annual subscription fee and virtual goods (gifts). Incidentally, India has 811.59 million users as of March, 2011, compared to the total broadband subscriber base of 11.87 million.

In a video interview with VCCircle, Ignighter CEO Adam Sachs said, “You will see a mobile app coming from Ignighter which we don’t currently have. That’s a part of the long-term product goal. We are currently on track to being one of the largest sites in India.”

When contacted by Techcircle.in, Sachs did not share details of the mobile app nor its launch date, saying it is in still in an early stage of development.

The website has notched up 2 million registered users in India over the past two years and claims that it is adding an average of 7000 Indian users on a daily basis. Ignighter has raised $3 million in February from a group of investors, including Indian angels Rajan Anandan (in his capacity as an investor), Sasha Mirchandani – one of the founding members of Mumbai Angels and managing director, BRV India and Sunjay Guleria, who is the CEO of Exclusively.in. “When we told the story to NRI and Indian investors, they were fascinated by it,” said Sachs, on how he was able to attract the attention of high profile Indian investors.

Ignighter’s other long-term goals include continuing to work on the products online and add more partnerships.

According to Sachs, the company’s short-term goal is to understand its customers and the market. The company says it is now in the process of adapting the site to Indian culture. “We are getting our feet on the ground and understanding what users are doing on the website,” he said. The company has also opened an office in India.

India is the primary focus of the website, which has abandoned its efforts in the USA. “The number of users in the USA pales in comparison to the number of users in India, which makes it our primary market,” said Sachs. Secondary and tertiary markets include the USA, Malaysia, Indonesia, Singapore, Japan and South Korea.

Ignighter’s users are typically young, urban and progressive users from big cities like Mumbai, New Delhi, Chennai, Kolkata and Bangalore.

Tags: Ignighter, Mobile App


1 Comment

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Mark Brooks
May 19, 2011 0:00

This is a great market to get a footing in. Also China. The group dating idea resonates more in Asia, than in the West.

Mark Brooks
OnlinePersonalsWatch
usa 212-444-1636 / uk 020-8133-1835

Leave a Reply

  • Recent Comments
  • Popular Posts
  • How Much Revenue Flipkart Is Generating From MP3 Downloads & What Next Under Flyte
  • Nokia’s 41MP Camera Phone, Samsung’s Projector Phone & More From MWC 2012
  • ApnaCircle Launches Career Visualizer For Users; Merges Hubs, Communities & Forums As Groups
  • Noida Co Launches Tablets With Discounted BSNL Data Plans; One Of Them A Rival Of Low-cost UbiSlate
  • Micromax Enters Tablet Market With Low-cost Product; Can It Recreate The Magic Of Handsets?
  • Times Internet Will Focus On Box TV & The Video Ad Platform This Year: CEO Rishi Khiani
  • Electronics Retailer Croma Launches E-store; How Does It Compare With Vijay Sales’ E-com Offering
  • Gentlemen, seriously, as Master Yoda would say- "f****ing us a break give". The ...
    amit sharma on 2012-05-17 04:46:31
  • What is the credibility of this LIVE, if you do some activity on site zovi.com ,...
    Customer on 2012-05-14 23:14:04
  • This is a Great initiative. You may also publish details of sample Lease agreeme...
    Sanjay on 2012-05-12 13:28:24
  • The people who make a company BIG is the customer. Don't forget to acknowledge t...
    BG Mahesh on 2012-05-12 08:49:37
  • Flipkart's Mass Merchant Business Model will last for just few years till people...
    Edward on 2012-05-10 15:24:32

VCCIRCLE BLOGS

  • New PE mantra is buy & build; Will it pay off? May 11, 2012 Shrija Agrawal
  • Learning from SlideShare’s founders May 9, 2012 Dev Khare
  • VC Rights: Up, Down, And Know What The F*** Is Going On May 8, 2012 Brad Feld
  • Sell Google – Lot Of Heat, Not Much Light May 7, 2012 Adam Hartung
  • Looking For: Utility App For User-generated Local Content Aggregation May 1, 2012 Dev Khare
CATEGORIES
  • Biz Tech
  • Consumer Tech
  • Internet
  • Mobile
BUZZING
    • Apple
    • E-Commerce
    • Facebook
    • Google
FOLLOW US

ABOUT
ADVERTISE
CONTACT
(c) 2012 Techcircle.in. All rights reserved. A sister site of VCCircle and a property of Mosaic Media Ventures Pvt Ltd.