Indian Startups Go for Web 2.0 Gold

Entities Mentioned

• Reliance Industries Limited
• BigAdda
• Anil Ambani
• Orkut
• Minglebox
• Vivek Pahwa
• Hindustan Times

1. For the past year, global networking sites have been growing in popularity among young Indians. According to JuxtConsult, a New Delhi-based online research and advisory company, 44% of Indian online traffic uses the Internet just for social networking. Google's (GOOG) Orkut is the most popular social networking site in India, with a 64% market share. Facebook is also winning many Indian fans, especially students. But in the last six months, a plethora of local sites has emerged to compete with t (Read Full Article)

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