India's Telecom Startups Reel in Cash

Lightreading has an interesting write-up on the steady influx of venture capital funding into Indian telecom equipment manufacturing start-ups.

It's an outgrowth of the earlier investment waves, says Sanjay Nayak, Tejas's CEO and managing director. "So many large companies were doing outsourcing that a huge talent pool got exposed to their knowledge," he says. "We could literally pinpoint good people with experience."

Links: Lightreading, Quillem.