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Altruist group has taken a minority stake in Vegam solutions

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The Altruist group, owner of Mobile2Win has taken a minority stake in Vegam solutions. This is in the form of seed capital and aimed at kickstarting the foray of this company into the VAS space. Vegam is a VAS company focussed on voice based gaming and retailing of VAS.

“Vegam Solutions Private Limited” is a new age Telecom Value Added Services company started by Ingersol Jayakumar, who was



the National Business Head for VAS at Tata Teleservices Limited (Tata Indicom). Vegam has the Vision to become a leading Value Added Services company offering the best and the most innovative products to the global telecom customers.

Vegam is ambitious to touch the customers’ lives by providing better user experience, create an ethical environment & deliver excellence in product/ service innovation. All Vegam services would be designed, keeping in mind the needs of customers across all segments.

According to Rajiv Hiranandani – Executive director – Altruist- ‘ Mobile VAS is a dynamic industry and the objective of this investment is also to get more entrepreneurs into the fold thereby keeping up the pace of innovation and new ideas.’

Ingersol Jayakumar, founder, Vegam Solutions & National Business Head, VAS, Tata Teleservices says, “In current scenario, it is more important about getting diverse things done.Retail initiatives, voice based gaming helps in getting into the world. VAS is the next thing that’s being looked upon.It is the focus area currently for all operators. VAS will be a major revenue driver in some time”.

Vegam is working towards launching Voice based gaming service with Racing games, Card games, Puzzle and more, all at one IVR number. Vegam is also working towards launching a retail initiative to sell VAS & all telecom services, across all telecom operators in a single interface. Vegam will use the funds raised to set-up the infrastructure, technical team & build the systems to provide a one-stop solution for all the telecom needs across all VAS verticals such as Voice, SMS, WAP, USSD, etc.,





number. Vegam is also working towards launching a retail initiative to sell VAS & all telecom services, across all telecom operators in a single interface. Vegam will use the funds raised to set-up the infrastructure, technical team & build the systems to provide a one-stop solution for all the telecom needs across all VAS verticals such as Voice, SMS, WAP, USSD, etc.,







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