P2P Joint Venture – mTouche and VASSoft.net Form mBit Infotech &ndash
2009-12-10 08:41:00 Mobile VAS has been on a crusade in the recent past, and so be it. Mobile operators are loving it. Moreover various entities are set up with the idea to comprehend the growth in the mobile subscriptions in India. Lately in news, mTouche Technology found their peer-to-peer (P2P) mobile content platform, mBit Infotech Pvt. Ltd. This will be launched with various Indian service providers in the form of mBit Infotech. Basically, mBit Infotech is a joint venture between mTouche and another technology firm, VASSoft.net. Himenviro Environmental Technologies owns the latter. While their joint venture partnership will witness an investment of upto US$1 million in the initial phase in order to roll out the mBit P2P mobile content pan India. “VASSoft.net and mTouche joining hands and forming mBit Infotech combines the financial strength and VAS expertise and a fresh outlook to serve Indian market with unique P2P cum file share application and many more to come later on. The JV is stra...
By: WATblog
Vdopia Raises $4 Million From Nexus Venture Partners, Appoints New CEO
2009-10-29 11:16:00 Its raining on Indian deal street as VC investments have started to see uptick. In a latest move Vdopia has secured $4 million in series-A funding from Nexus Venture Partners. Last year there were rumors about nexus chipping in the money but it was never confirmed. The funding is amid different monetization tie-ups garnered by Vdopia in recent past. It has tied-up with many portal from Web 18 fold & NDTV Profit for video montization. The company has been banking on online video advertising coupled with mobile videos. It also launched iVdopia to exploit the thriving iPhone apps segment for video advertising opportunities. The funding comes at a time when many Online streaming sites are finding it tough to monetize video contents but specialized video ad networks like Vdopia are enjoying success. Specialized Ad Networks are procuring access to premium inventory than just user generated content which is what tilting ad revenues in their favor. The funding is also ...
By: WATblog
White Sox launch new tech venture
2009-10-22 20:05:00 Ed Sherman at Crain's has learned that on Monday, the White Sox will officially announce the launch of a new business operation that has nothing to do with baseball. The team has created Silver Chalice Ventures, a subsidiary that will focus initially on developing digital platforms for clients but ultimately could branch out into almost anything, according to Brooks Boyer, Sox chief marketing officer. The company already helped develop a mobile application for the Southeastern Conference, among other ventures. That application lets fans of the University of Florida, Louisiana State University and other football powers get live score updates, news and game highlights on their iPhones....
Orange and T-Mob Joint Venture: stores and base stations to go
2009-09-22 00:24:00 Mobile News is all over a couple of stories relating to a reduction in the number of both high street stores, and base stations, resulting from the merger of Orange and…
Experienced Entrepreneurs do not rely on Venture capital
2009-09-20 22:13:00 "VCs at best have little to no impact on startups and at worst have a negative impact."Benefit from the Indian startup community. Join us at the Indian startup portal Experienced Entrepreneurs do not rely on Venture capital is a post from: News, Views, Reviews & Interviews of Indian startups Related Posts Why are the Skilled Immigrants Leaving the U.S. Seed capital for startups has not come of age in India Realities of VC Funding
Jesse Ventura's New Venture on The Ventura Highway of Life....... A TV Show
2009-08-26 16:51:00 Jesse "The Body Politic" Ventura has a new venture. It is a Program on TruTV titled Conspiracy Theory. It will debut in the late fall.We'll all be on the edge of our seats waiting to see what Jesse uncovers, discovers, and recovers.When you couple Jesse's TruTV Program with the Book: Cults, Conspiracies and Secret Societies you get a bunch of tin foil hat wearing people who believe their tin foil hats were made by Alcoa. How much should we be laughing at these people? How much is true, half true, or has a kernal of truth to it?An indispensable guide, Cults, Conspiracies, and Secret Societies connects the dots and sets the record straight on a host of greedy gurus and murderous messiahs, crepuscular cabals AND suspicious coincidences. Divided into three sections, its hundreds of entries separate facts from myths. Some topics are familiar--the Kennedy assassinations, the Bilderberg Group, the Illuminati, Area 51, the People's Temple and Heaven's Gate--and some surprising, like ...
Think Like a Venture Capitalist
2009-08-24 12:24:00 The most innovative companies have an approach to trials that is like the philosophy of a venture capitalist. The VC is a prime example of an arsonist and fire fighter. He will invest in a portfolio of different start-up companies, fully knowing that most will fail. A few might break even and one or two ...
Morpheus Venture Partners Announce 10 New Portfolio Companies
2009-08-17 12:43:00 A dissimilar batch from the original YCombinator program has been announced by Morphues Venture Partners (MVP). The YCombinator program focused largely on web-technology startups. WATBlog has stressed before how a YCombinator type of venture firm was a necessity in India given the low startup costs and high need for guidance and adding value. “India has a lot of unsolved problems that lead to large markets opportunities,” said Sameer Guglani, Founding Partner – MVP. “That’s the reason our portfolio is focused on domains like education, health, automotive, apparel, retail, advertising and financial services.” It will work closely with select startups as a ‘limited co-founder’ announced names of 10 progressive startups participating in Batch 3 of its four month Business Acceleration Program (BAP). The diversity of the startups in Batch 3 lies in the wide range from apparel, financial services, automotive, advertising, robotics to education domains. Adscoot: They wil...
By: WATblog
Venture Capital Beliefs & Views On Indian Internet Space - (Must Read F
2009-06-10 14:49:00 We had the good fortune of listening to a presentation by Ritesh Banglani from IDG Ventures India at the recently held Startup City event in Bangalore. He pointed out the assumptions and beliefs that their VC firm had on the Indian Internet space. We quite enjoyed the presentation and are sharing his points here. A must read for any internet entrepreneur looking to pitch to a VC. 1) Average monetization per user is 1$ - As a VC they believe that the average per user monetization per year is 1$. Hence they look for companies which can prove that they earn substantially higher per user revenues for them to be interested in investing in the startup. 2) Ad only models dont work - VC’s (IDG ventures in this case) firmly believe that business models online which are supported by purely advertising don’t work. Their assumption is based on the above point of 1$ per user which they feel is too low to support the scaling costs of an online startup with millions of users. 3) E- Co...
By: WATblog
Amplified Journeys: New Venture Creates Custom Playlists For Roadtrip Sound
2009-04-07 12:00:00 Want a soundtrack to your life, or at least a soundtrack for that big cross-country roadtrip you've been planning for the summer? Amplified Journeys by Harmon Kandon will create a playlist fit for any roadtrip theme and direct you towards sources to obtain the music from.
Adrian Galysh: venture blvd
2009-04-04 02:00:00 News: 04-04-2009: Adrian Galysh live at the Last Day Saloon in Santa Rosa, CA. July 2008. Adrian Galysh on guitar, Maureen Baker on keyboards, Charlie Waymire on drums, Chuck Wright on bass. Adrian Galysh "Ventura Blvd." This is a content summary only. Visit Truth In Shredding to find out more!
The Future of Venture Capital Funding in High Tech
2009-03-03 01:44:00 Like almost every aspect of the current economy, Venture Capital Fundings of High Tech and Software startups are way down.There is pressure on virtually every segment of our economy, and the worldwide financial system is in by far the greatest disarray of our lifetime. The preferred exit strategy for Venture Capitalists, the IPO, pretty much shut down quite a while back. Financial returns at Venture funds have taken a hit like everything else financial, and VCs are definitely not in good position to attract new capital in the near term--given the current frantic flight to quality by investors. Things look dire in the VC business. There are even suggestions by many people, including some prominent VCs, that the long running and revered Venture Capital business model is "broken", and that it will cease to exist as we now know it.So what really is going to happen? Is the end of the world near? (well?maybe, based on the news headlines every day). Will a software or technology entreprene...
The Venture Capital Fund Structure
2009-02-19 23:55:00 Private Equity funds (including Venture Capital funds) are largely structured under a “2 and 20″ business model. This will run through a quick example about how it works from the Limited Parter and General Partner perspective. Limited Partner (LP): Invest money in the fund and include: pensions, investment managers, high-net worth individuals, etc. General Parter (GP): Select companies for investment and manage the portfolio until exit is realized (IPO, strategic sale, recapitalization) The 2/20 model says that the GPs receive a 2% management fee on committed capital (in this case, $100m) and 20% of any realized capital gains. The LPs, on the other hand, invest $100m into the fund and receive their initial investment plus 80% of the gains. These percentages can change, but they are fairly standard in the industry. The management fee is used to keep the lights on and pay salaries (supposedly) and the “carry” or 20% gains is the profit share. Now, in our exa...
Suzanne Somers Being Sued By Investor for Failed Business Venture
2008-12-21 16:27:00 Suzanne Somers- best known for infomercials and her infamous Thighmaster- is being sued over a business venture that failed to ever get off the ground. The concept was called Suzanne’s Kitchen, and the premise was to offer a place where consumers could create their own meals using recipes that Somers developed. These dishes could then ...
Venture Bank Introduces Wise-Choice Checking Account with 3.50% APY
2008-12-19 04:55:00 Original Post on The Sun's Financial Diary Venture Bank Introduces Wise-Choice Checking Account with 3.50% APY Original Post on The Sun's Financial Diary Venture Bank Introduces Wise-Choice Checking Account with 3.50% APY Venture Bank keeps impressing me with their products. Last month, I highlighted their Wise-Choice Savings Account (currently 3.60% APY) along with a couple of other banks. When I was creating my Savings Deals page last week, I noticed on their website that ...
Last Chance: Astronauts Venture on Final Spacewalk
2008-11-24 15:46:00 From USATODAY.com Tech - Top Stories: Three spacewalks down. One to go. Astronauts Stephen Bowen and Robert "Shane" Kimbrough venture outside the international space station Monday for the fourth and final spacewalk of space shuttle Endeavour's nearly two-week visit to the orbitin
Recent Bank Findings: OnBank, ShoreBank Direct and Venture Bank
2008-11-16 14:44:00 Original Post on The Sun's Financial Diary Recent Bank Findings: OnBank, ShoreBank Direct and Venture Bank I have added a few more banks to the interest rates table the other day when I updated the list. There are three of them that I think worth mentioning because they all offer very attractive rates: 3.50% APY or more ... Related posts:New Bank Findings: WT Direct and Salem Five DirectDollar Savings Direct 4.00% APY and GMAC Bank 3.75% APYFNBO Direct Review: An Online Bank Offers High-Yield Savings and Checking AccountProtect Yourself and Your Money Against Bank FailuresEverBank Reviews 2008: An Interview with EverBank Direct PresidentEverBank Direct President
QnA with Morpheus Venture Partners
2008-11-03 09:29:00 Morpheus Venture Partners aims to provide mentorship and advice to early stage startups. We recently got a chance to speak with the founders Sameer Guglani and Nandini Hirianniah. Here is the transcript: How are you different from a typical seed/angel investor? MVP is a currently only a Business Advisory Firm. We have plans of raising a fund ...
QnA with Morpheus Venture Partners
2008-11-03 09:29:00 Morpheus Venture Partners aims to provide mentorship and advice to early stage startups. We recently got a chance to speak with the founders Sameer Guglani and Nandini Hirianniah. Here is the transcript: How are you different from a typical seed/angel investor? MVP is a currently only a Business Advisory Firm. We have plans of raising a fund ...
Some techniques of Internet and joint venture marketing! Posted By : Harman
2008-10-23 13:10:00 The key to joint venture partnerships is that you are capitalizing on someone elses leverage. This leverage could be money, customers, opt-in lists, marketing muscle, credibility, quality products, or influence. More: continued here
Why Venture Capitalists don't call back (sometimes)
2008-10-03 12:10:00 Why Venture Capitalists don't call back and what you should do about it.How many times have you had the "we like your" offering, pitch or business from a VC and you never hear back? I have heard of Founders who have waited for 6 weeks or more for a call back, and are still waiting, now this is not a bash the VC post, just some tips on how to deal with the situation.Lesson 1: Do not wait, after your pitch you ask when will I hear from you, if you don't hear move on, do not wait longer the two weeks.Lesson 2: Do not stop pitching until you have the money, deals are not deals to you see the money. Lesson 3: Ask "what are the next steps, and what is the timescale" Lesson 4: As a more mature ,wise and rich CEO, said to me "the squeaky wheel gets the oil" Keep pushing, take every opportunity that you can to pitch your company. Lesson 5: Not all VC companies are the same, so treat each one with respect and understand they know more than you.I have worked with many VC'S the only thing th...
MySpace To Venture Into The World Of Shared Logins
2008-07-29 10:00:00 Instead of using "duck" as a password for every account you have, there's now a new alternative that's being pushed by a group of popular websites. Entertainment News Security Technology Array
LIC Housing to enter Venture funding
2008-07-22 08:02:00 LIC Housing Finance, the mortgage arm of Life Insurance Corporation of India (LIC), is set to foray into the venture capital arena and intends to start a Rs 500 crore real estate fund by the end of this financial year. LIC Housing Finance is reportedly scouting for a banking partner for raising capital and will soon ...
What's On Tonight: Password, Army Wives, Venture Brothers
2008-06-08 12:02:00 Filed under: Programming, What To Watch Tonight, Reality-Free At 8, CBS has a new Million Dollar Password. ABC has the second Celtics/Lakers NBA Finals Game at 8. TCM has 20 Million Miles To Earth at 8, then First Men in the...
ICICI Venture, CVCI Take Haircut In Perlecan? Can Piramal Buck The Trend?
2008-06-06 08:38:00 Mumbai based Piramal Life Sciences Ltd, a newly formed company for drug research, is planning to divest 9-10 per cent of its stake to private equity players. Some of the funds in the2 Vote(s)
By: Market Buzz
PVR Pictures Gets Rs 120 Crore From ICICI Venture, JPMorgan
2008-06-05 10:02:00 This just in. PVR Pictures Ltd, the film production and distribution subsidiary of publicly listed PVR Ltd, has secured Rs 120 crore funding from ICICI 5 Vote(s)
By: Market Buzz
Motilal Oswal Venture Capital Invests Rs 60 Crore In Parag Milk
2008-06-04 16:02:00 Motilal Oswal Venture Capital Advisors Pvt Ltd (MOVCAPL), the private equity arm of Motilal Oswal Financial Services Ltd, has invested Rs 60 crore in Pun7 Vote(s)
By: Market Buzz
TV Review: The Venture Brothers, Season 3 Premiere
2008-06-03 01:46:00 Geeks of Doom's Henchman21 gushes over the season three premiere of the Adult Swim show, which sees the return of Henchman 21, and his best friend, Henchman 24.
By: Geeks of Doom
The Advantages and Disadvantages of Entering a Joint Venture
2008-05-30 00:00:00 The Advantages and Disadvantages of Entering a Joint Venture Entering a joint venture is a complex, and sometimes, time consuming process. As any type business structure, it holds a good opportunity for anyone to grow and make money fast; but just like any other business type, joint venture also holds threat to anyone who wants to ...
Joint venture aims to deliver for councils - IC Wales
2008-05-28 14:30:00 A £75m joint venture company has been established to deliver major capital contracts for three South Wales councils. The joint venture between Bridgend County Borough Council, Merthyr County Borough... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: Engineers Voice
Definition Of Venture Capital
2008-05-26 21:19:00 What the Definition of Venture Capital Won’t Tell You Venture capital can be a rather complicated set-up for beginners in the business world. While there may be lots of resources available on the topic, these articles are sometimes too technical for the ordinary person. The definition of venture capital, in simple terms, is investment money provided by professional capitalists and venture capital firms to promising companies in the hope that it will make more money after a few years. Aside from its definition, here are some things to discuss about this subject. Venture fund has a relatively short lifespan. The goal, then, is to maximize profit within a short time span. These capitalists and investors have developed strategies and business plans that are “proven” to yield results, but this is not the case always. Remember that their aim is a return of investment in a short time and not a lifelong business. Aside from the profits that they seek to have, they also cha...
Definition Of Venture Capital
2008-05-26 21:02:00 What the Definition of Venture Capital Won’t Tell You Venture capital can be a rather complicated set-up for beginners in the business world. While there may be lots of resources available on the topic, these articles are sometimes too technical for the ordinary person. The definition of venture capital, in simple terms, is investment money provided by professional capitalists and venture capital firms to promising companies in the hope that it will make more money after a few years. Aside from its definition, here are some things to discuss about this subject. Venture fund has a relatively short lifespan. The goal, then, is to maximize profit within a short time span. These capitalists and investors have developed strategies and business plans that are “proven” to yield results, but this is not the case always. Remember that their aim is a return of investment in a short time and not a lifelong business. Aside from the profits that they seek to have, they also cha...
Definition Of Venture Capital
2008-05-26 20:55:00 What the Definition of Venture Capital Won’t Tell You Venture capital can be a rather complicated set-up for beginners in the business world. While there may be lots of resources available on the topic, these articles are sometimes too technical for the ordinary person. The definition of venture capital, in simple terms, is investment money provided by professional capitalists and venture capital firms to promising companies in the hope that it will make more money after a few years. Aside from its definition, here are some things to discuss about this subject. Venture fund has a relatively short lifespan. The goal, then, is to maximize profit within a short time span. These capitalists and investors have developed strategies and business plans that are “proven” to yield results, but this is not the case always. Remember that their aim is a return of investment in a short time and not a lifelong business. Aside from the profits that they seek to have, they also cha...
Level 34-39 - Alliance/Horde - Venture Co. Base Camp Grinding Spot
2008-05-26 16:23:00 This is an area of STV that I really like to grind at. Here you will find a lot of Venture Co. Geologists, Venture Co. Lumberjacks, Venture Co. Mechanics, Venture Co. Shredders, Venture Co. Workboss, and Foreman Cozzle. On the outskirts of the area you will find a couple of roaming beasts like lower level panthers and tigers, around the level 30-31 mark. The Venture Co. Base Camp is an oil rig located at the lake Nazferiti in Stranglethorn. This area I wouldn’t say is great for grinding loot, unless of course you are on the Capes of Stranglethorn quest. What I like more about this area is the amount of Venture Co. Geologists in the area. These little critters are level 35-36 humanoids that go down pretty easy, since they are casters they have minimum hit points, and the area is pretty rounded off so it is easy to create a pattern for killing them. Their hit points come in at 1100-1200hp. On the downside there are Venture Co. Shredders that roam the area, these guys are pr...
By: Warcraft Guide
Update on my New Venture
2008-05-26 10:20:00 So it has been little over a week that I decided to give MN a second run and have to say it has done a lot for my “learning curve” as well as my productivity level. When I first joined MN I had a quick look around at the free guides they are offering for ...
By: Me Myself and I
My New Venture
2008-05-23 22:10:00 So…I was thnking of a new venture. I need to save up a little more…ok a lot more and may need to take out that loan but I want to start my own business. I want to open up a studio and I found a really nice little location with parking and everything. ...
SIDBI Venture To Raise Third Fund; Bigger Than Rs 500 Cr Previous Fund
2008-05-23 08:55:00 SIDBI Venture Capital Ltd, the venture capital arm of Small Industries Development Bank of India, will raise10 Vote(s)
By: Market Buzz
Apple 3G iPhone may launch in Korea and Japan: NTT DoCoMo & KTF Venture
2008-05-22 10:04:00 Not to sure if these are the normal Apple iPhone rumours but according to the source below there may be indications of Apple breaking into the Korean and Japanese market, this would be fantastic for those in these countries who want the stunning Apple 3G iPhone. There have been reports on the web that Japan would ...
By: Phones Review
Toyota joint venture auto plant restarts in China after weeklong halt from
2008-05-20 00:00:00 {mosgoogle right}TOKYO (AP) -- Production has restarted at Toyota's joint venture auto plant in China after it was halted for a week after a deadly earthquake struck nearby.Toyota Motor Corp.'s joint venture with Chinese carmaker FAW Group has only restarted the daytime shift and is taking things "one step at a time" before restarting the night shift, said Paul Nolasco, a Toyota company spokesman in Tokyo.None of the employees were injured and all family members were acc ...
Mitsubishi Peugeot Citroen Joint Venture
2008-05-19 14:30:00 Taken from Mitsubishi Peugeot Citroen Joint Venture on ZerCustoms The Mitsubishi Peugeot Citroen joint venture agreement announced today concerns the production of vehicles for the three brands in Russia. The new Mitsubishi Peugeot Citroen plant will be located in Kaluga, 180 km South-West of Moscow. The new plant will have a 160,000 ... Complete text here: Mitsubishi Peugeot Citroen Joint Venture More Mitsubishi news on ZerCustoms
By: ZerCustoms
$20m scheme launched to help SMEs venture overseas - Singapore
2008-05-15 02:01:00 $20m scheme launched to help SMEs venture overseas - Singapore INTERNATIONAL Enterprise (IE) Singapore yesterday launched a $20 million programme to help small and medium enterprises (SMEs) venture overseas. The Internationalisation Capability Development Programme (iCDP) will support the development of capabilities that firms need to expand beyond local shores. These include branding, design, intellectual property, and franchising and licensing, said IE Singapore chief executive Chong Lit Cheong. For project-based applications, a firm can get up to $300,000 per project. Support for eligible costs - manpower, hardware and software costs, appointment of third-party consultants and IP - range from 30 to 50 per cent. The iCDP will benefit some 250 to 300 firms over the next three years, said Mr Chong. To be eligible for the scheme, companies must have a turnover of at least $500,000, total business spending of at least $250,000 for each of the past three years, minimum paid-up capital ...
Twista Releases First Group From His Latest Koch Records Venture Of Get Mon
2008-05-15 00:00:00 Multi-platinum rapper, Twista launches his Get Money Gang (GMG) Imprint via Koch Records, with yet another anticipated Speedknot Mobstaz album entitled MOBSTABILITY II: Nation Bizness, set to release Tuesday, May 27, 2008. With new single "Money To Blow" both radio and MTV Jams are strongly supporting group members ...
By: Mp3 weblog
Venture Capital Meets Slow Money at Investors? Circle Conference
2008-05-14 20:00:00 Fast money and fast movers. These are the phrases that come to mind when entrepreneurs talk about venture capital as a potential source of funding. But what if the flow of funds slowed down?way...
By: Green Options
Uganda: She has succeeded where few women venture
2008-05-14 18:57:00 Source: The New Vision Online She has succeeded where no woman would venture Mary Kamau prepares a tile plate at her workplace on Rubaga Road, Kampala SHE has always been considered more than just a woman. She broke all boundaries and ventured into a business that is considered a strictly man?s domain. More… ...
Exciting New Wireless Broadband Venture
2008-05-14 17:45:00 When Google is part of a new company, I personally perk up and listen.I was thrilled to see this press release from Sprint, announcing the creation of a new, "next-generation" wireless broadband business.The high-points from the release:Sprint and Clearwire to Combine WiMAX Businesses, Creating a New Mobile Broadband CompanyIntel, Google, Comcast, Time Warner Cable and Bright House Networks to Invest $3.2 Billion in Combined Company, at Target Price of $20.00 per ShareFormation of New Company Brings Together the Nation's Leaders in Communications, Technology Innovation and EntertainmentNew Company to Speed Deployment of First Nationwide Next-Generation Mobile WiMAX NetworkFrom the release:Clearwire Chairman Craig O. McCaw, said, "The power of the mobile Internet, which offers speed and mobility, home and away, on any device or screen, will fundamentally transform the communications landscape in our country. We believe that the new Clearwire will operate one of the fastest and most ...
Lowongan Kerja Joint Venture MLM Company
2008-05-13 10:20:00 JOB VACANCY We are Joint Venture MLM Company, currently looking for qualified and professional person in the following position: 1. General Manager (GM) 2. Marketing Development Head (MDH) 3. Operational Division Head (ODH) 4. Business Development Manager (BDM) 5. Finance & Accounting Manager (FAM) 6. IT Supervisor (ISP) 7. Product Management Officer (PMO) 8. Business Development Officer (BDO) 9. Finance & Accounting Staff ...
Renault-Nissan forms joint venture with Bajaj to make inexpensive car in In
2008-05-13 00:00:00 {mosgoogle right}TOKYO (AP) -- The Renault-Nissan French and Japanese auto alliance said Monday it's forming a joint venture with Bajaj Auto Ltd. of India to develop, make and sell an inexpensive car there with a price starting at US$2,500.The companies had been talking about such a plan amid efforts by many carmakers to woo India's burgeoning middle class with models priced around that level .Nissan, which has been eager to move ahead with plans for a cheap car offering ...
PC World Editor to Step Down, Start Own Venture - Wired News
2008-05-12 22:04:00 PC World Editor to Step Down, Start Own VentureWired News - 3 hours agoBy Dylan Tweney May 12, 2008 | 3:00:57 PMCategories: Media PC World editor in chief Harry McCracken has announced his retirement from the venerable computer ...
SRK in their next mega venture ?Rab Ne Bana Di Jodi?
2008-05-11 21:55:00 Yash Raj films had created much mystery and speculations about the girl who would be cast opposite SRK in their next mega venture ?Rab Ne Bana Di Jodi?. The suspense now comes to an end with the announcement of Anushka Sharma?s name as the female lead for the film.Anushka, 19 year old teenager, is a small time model from Bangalore. During the last Fashion Week, Anushka was one of the models picked for Wendell Roderick?s finale. Since then she has been doing product endorsements.Talking about the choice, Yash Chopra said, ?We were looking first and foremost for someone who could truly embody the spirit of small town Punjab and we know we have found her in Anushka Sharma. And while she has no previous acting experience, we have seen that unique spark in her that makes us confident that she will be a standout even opposite Shah Rukh.?The film will go on floors on 16th May and will hit theatres worldwide on 12th December.
By: Desi Web
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