A little on the Smile incubation programme. How does it work?
A. Tyroo and Zoomtra have been incubated by Smile. They are both doing extremely well. We are actually in the process of incubating five or six independent firms under the same umbrella. A couple of them are in the social networking space and mobile advertising, one of them is into mobile VAS delivery. What we do is that we invest in them, not only financially, but also in providing them the infrastructure and technology. We take stakes of anywhere between 15 to 60 per cent depending on how we believe in it. We help them get strategic partner but we discourage them from taking easy money or financial investors. But if the business scales up and we are not able to bring money in, we act as catalysts in helping them get VC funds. We have our own fund of $5 million, to which we intend to add another $10 million. A lot of people who come to us do need cash infusion and we have started to change our model. I meet about three to four people a month, who have ideas to share. But I dont want t
