Vakow, Mumbai based mobile startup, it seems is looking for a prospective buyer. The startup raised seed fund from Rediff and looks like their attempt to raise more funds hasn’t been very successful.
And as some sources tell us, they are looking for a buyer.
While this may/may not be true, this does speaks of challenges of running a sms based business – the more users you have, the more you bleed. And monetization is still a distant dream.
If you were running a similar service (say you send out 0.5mn sms a month), what would you do? How will you monetize? What kind of services will you build?