Quick bits from mobile vas conference that was help on March 4th@ Mumbai (inputs from Akshat, CEO of Alabot)

m-commerce

• IRCTC sold only 921 tickets over mobile in the month of feb (out of 60K tickets sold via the web)
• Credit cards do not work, Cash cards and Debit cards are doing well for irctc

Mobile VAS:

• 60-70% of the revenue goes to the operator – this needs to be addressed
•  Only 11% of mobiles have a gps chipset in them

Will add more, as I get to know from other attendees (if you are one, please send me the major takeaways from the conf: ashish @ NextBigWhat.com)