Global WiFi – first mobile virtual network operator, Sabse Technologies has raised funding from Ratan Tata. The financial details of the deal has not yet been disclosed by the company. The company aims to utilise the raised funding to expand its WiFi first cellular service to consumers worldwide.
Founded by Hotmail Co-founder Sabeer Bhatia and Yogesh Patel in 2008, Sabse operates communications cloud platform named Sabsebolo for SMEs. Its cloud communication platform also enable developers to develop voice and text applications. The company offers cloud telephony, video conferencing and desktop sharing platform for small and mid sized enterprises. Currently it provides audio conferencing services to more than 5,000 small businesses.
Using Sabse, the smartphone connects to the WiFi hotspot wherever user need to make voice calls and send messages. It accesses the mobile network only when the WiFi connectivity is not available. If the called party is on the Sabse network and logged in, all calls will be made for free. If in case, the called party has logged out or is not on the Sabse network, then voice calls and messages will be made using the Sabse network at affordable rates.
In June 2009, the company acquired Jaxtr to maintain and expand the Jaxtr services.Category Investments News