Online edition of India's National Newspaper
Saturday, Sep 15, 2007
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Online edition of India's National Newspaper Saturday, Sep 15, 2007 ePaper |
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NEW INITIATIVE: Sudip Bandyopadhyay (left), Director and CEO, Reliance Money, and Beerud Sheth, Co-founder and President, Webaroo, at a press conference in Mumbai on Friday. MUMBAI: Reliance Money, the financial services and products distribution company of Reliance Anil Dhirubhai Ambani Group, on Friday became the first financial intermediary to introduce financial market information across mobile platforms. It has tied up with Webaroo for the initiative. The company unveiled its “Mobile Financial Portal”, the first-of-its-kind portal offering a range of financial services and information to its investors, across all telecom operators. With this initiative, the company will now be tapping around 200 million telecom user base in India, that adds over five million customers every month, with its services. The tie-up was announced by Sudip Bandyopadhyay, Director and CEO of Reliance Money, and Beerud Sheth, Co- founder and President of Webaroo, the technical partners for this initiative, at a press conference here. Webaroo is the creator of fast, free, and ‘always-on’ web content. “This unique initiative will provide mobile users an opportunity to stay connected with financial markets while on the move, irrespective of the status of their network. Most importantly, this service is being offered by Reliance Money free of charge to all, across networks and mobile technologies”, said Mr. Bandyopadhyay. “The portal, with its rich contents and advance graphics, is cached on the user’s mobile handsets for facilitating quick and seamless experience irrespective of network connectivity.
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