GigaOM : Kleiner, Sherpalo Back Indian M-Commerce Startup

posted by   nikhil (150)   27 months ago (gigaom.com)

Mobile commerce will likely boom in India long before the U.S. despite recent attempts–Paypal Mobile launched this year, and startups like Obopay are pushing peer to peer payments. KCPB and Sherpalo are betting it does. The first apps will likely be peer to peer and direct buying and selling over a wireless broadband network. Maybe next will come swiping a mobile at the gates of a cricket stadium. Now that would be a big hit!