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Indian music service Dhingana introduces video ads to its iOS app, coming to Android ‘soon’

headphones1 520x245 Indian music service Dhingana introduces video ads to its iOS app, coming to Android soon

Dhingana is stepping up its efforts to monetize its streaming service for Indian music after it introduced video-roll advertising, initially for its iOS app only.

The company — which has offices in Pune, India, and Sunnyvale, California – launched its advertising platform in August 2012 and it also offer a paid-for subscription for those who prefer an ad-free experience. The company says that its new ‘Premium Video Advertising’ feature is targeted at brands looking to reach its music-loving users with “TV quality commercials”.

Companies are now able to run 10-30 second pre- or post-roll clips that are integrated into the app, taking the place of album cover art or anything else that is on-screen. Since Dhingana provides only audio, the ads are displayed when there is a pause in a user’s activity, meaning that they are likely to come into contact with the device’s screen.

That is designed to keep the listening experience unaffected, CEO Rohit Bhatia explains:

Video is one of the best forms of advertising, delivering two-to-four times higher performance over regular display banner ads on mobile devices. Our video ads are carefully integrated to be shown when the user is already engaged with our music for several minutes to maximize the impact for the advertising brand without compromising the listening experience.

Launching for iOS — both iPhone and iPad — the ads will come to the Android app soon, but, already, Dhingana has recruited a major name, Coke, to kick things off (update: Dhingana tells us that although Coca Cola is an advertiser, it hasn’t specifically agreed to video ads at this time).

The move to introduce more interactive advertising comes three months after the hiring of Bhatia, and the company is likely to have solicited the opinion and feedback of Gokul Rajaram, Facebook’s product director for advertising, who joined its advisory board last year.

Bhatia has a number of ambitious goals and, in his first interview as CEO, he told TNW that he wants to make the service compelling enough for its users to listen for 2 hours each day. That’s roughly 60 hours per month, and would some way ahead of Spotify, which logs an average of 15-20 hours per month per user.

“I’d like Dhingana users to wake up and go to bed with Dhingana music, using it all through the day,” he said.

Founded in 2007 by twin brothers Swapnil and Snehal Shinde, Dhingana offers more than 500,000 songs across 35 languages and claims a monthly active user base of more than 15 million. The service is available for iOS, Blackberry, Android, Symbian Windows Phone and via a Web-based player.

Dhingana raised a $7 million Series B round last year, and it competes with a number of Bollywood-focused streaming services, including Saavn and Times Internet-owned Gaana.

Vegas Pro 11 from Sony Creative Software Inc.

Headline image via scubabrett22 / Flickr

Link: Indian music service Dhingana introduces video ads to its iOS app, coming to Android ‘soon’

“In The Studio,” ScaleArc’s Varun Singh Builds Database Infrastructure From India And The Valley

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Editor’s Note: Semil Shah is a contributor to TechCrunch. You can follow him on Twitter at @semil.

This is the penultimate episode of “In The Studio.” The show, which features developers and entrepreneurs working on enterprise technology, will be ending. This week’s guest is Varun Singh, CEO and founder of ScaleArc, a young startup that began in India but registered as a U.S. company with designs to expand to this country once it got off the ground in Mumbai. ScaleArc operates in the space of database infrastructure and sits between apps and database services — what Singh calls as SQL/NoSQL hybrid. Whereas Amazon Web Services would require integration and does not allow for multiple masters across multiple zones, ScaleArc offers a more distributed approach, especially in an age when certain sites (such as gaming portals) cannot afford even the slightest cloud outage.

In this short video, Singh and I discuss a range of topics that would be of interest to technical founders, especially those living outside the U.S. First, Singh incorporated in Delaware but founded his company in India. Technical talent is cheaper in India, and this allows his team to have more iterative cycles, whereas in the Valley, his runway would have been cut from 2.5 years to maybe a year. Singh then started shuttling back and forth between India and the Valley, and found that as long as he could give potential customers the right to try before they bought, the customers didn’t care where the company was located or headquartered. This is a trend I’m seeing on the enterprise technology and SaaS space, where foreign companies are now coming to the Valley and actually disrupting what the Valley considers to be upstarts.

See the original post: “In The Studio,” ScaleArc’s Varun Singh Builds Database Infrastructure From India And The Valley

Matrix Partners Closes On Tenth Fund; Raises $450 Million For Early-Stage Investments

Matrix Partners | Matrix Partners

Matrix Partners just announced the close of Matrix X, the venture firm’s tenth early-stage technology-focused fund. As Fortune’s Dan Primack reported in a scoop in April, the firm raised $450 million for this fund.

The fund will be used to make early-stage investments in consumer Internet, mobile, enterprise software and IT infrastructure. Matrix’s portfolio includes Gilt Groupe, HubSpot, JustFab, Zendesk and others. Generally Matrix’s initial investments are between $2 million and $10 million, and on occasion the firm will make seed-stage and later-stage investments.

The firm’s past two funds also totaled $450 million, and Matrix says that they chose to keep this fund size, “despite significant over subscription.” While past reports indicated that Matrix raised a slightly lower amount than in previous funds, the firm said that this was the third consecutive fund that totalled $450 million. As explained in a release: “Unlike Matrix IX, this fund will be our only US investment vehicle. Due to the unusual market conditions in 2008, we coupled a $150M Special Opportunity Fund with Matrix IX to take advantage of some unique investment opportunities we thought might emerge, but we never called any capital in that fund.”

In addition to the U.S., Matrix also makes investments in China and India.

View post: Matrix Partners Closes On Tenth Fund; Raises $450 Million For Early-Stage Investments

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