Business Description:Hovr is a mobile media company that marries the needs of advertisers seeking to reach the important and growing mobile demographic with the desires of mobile users wanting entertaining content and applications on their mobile devices.
Hovr provides users with ad-supported mobile content such as high-quality, fun-to-play mobile games. Through Hovr's gaming portal, users get free ad-supported mobile games and the ability to connect, compete and interact with their friends and other players in a compelling social environment. For more information visit www.hovr.com.
Industry:Telecom/ Mobile
Founded in:2007
Source of idea:Developed family or friend?s idea
Significant Competitors:Greystripe
Company Details :
Company Name:Hovr Software
HeadQuarters:Gurgaon
Stage of the company:Scaling up
No of Employees (2006):Did not exist
No of Employees (2007):6-15
Office Locations(2006):Did not exist
Office Locations(2007):2-5
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):preprofit
>Partnerships:Distribution tie-ups with Indiatimes, NDTV in India and Flycell, Push Mobile, Mobango, in the United States and other countries.
Publisher tie-ups with over 50 leading mobile game publishers inlcuding Kiloo, InLogic, Robotube Games etc.
Initial Funding:Family & friends
Addl Funding:Angel investors
Institutitional Capital:No
Revneue Model:Hovr provides users with FREE ad-supported mobile games. When the user plays the game, he/she is shown an advertisement. Revenues come from sale of advertising inventory.
Awards & honors:First free ad-supported mobile gaming service integrated with a mobile social network in the world.
Promoters Details :
Promoters Name(s):Shailan Mohan
Age:31
HomeTown:New Delhi
Education:Bachelors
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Director at Hovr Software
Ex-Job Description:Company growth and expansion
Favorite Book/Movie:Founders at Work
