Venture capitalist Promod Haque says he has discovered the Google opportunity in the mobile space. He has put in $7.8 million to fund a mobile video search technology called v-tap. This will allow mobile users to search, store and share web videos from any source on the internet. With the number of smartphones increasing in India, video is expected to the future of the mobile internet.

“This technology meets the consumer need completely by making multimedia services offered on the net available on mobile phones,” Promod Haque, managing partner, Norwest Venture Partners, said. Read the rest of this entry »