Omair Ansari, CEO of Abhi, on the Vator Innovation Podcast
Abhi provides working capital to SMEs and earned wage access to employees
Read more...Aha Mobile is one of the many iPhone app makers racing to be the killer platform for a new "augmented reality" era. Augmented reality, as defined by Tim Chang, a venture capitalist at Norwest Venture Partners, is about making the physical world accessible around you.
For now, Aha Mobile wants to make information you need while driving - like nearest gas station, coffee shop, road congestion - readily accessible. In fact, by January, these channels will be available in audio form to make them similar to a car radio. So, touching the 'coffee' channel will result in a voice saying, "The nearest Peet's coffee is a half-mile away." Additionally, Aha Mobile connects fellow drivers with one another, allowing them to share road rage and stories, and giving listeners another form of talk radio to entertain themselves with.
In my second-part interview with Robert Acker, CEO of Aha Mobile, a young startup that received $3 million in financing from Venrock this past spring, we talk about how Aha Mobile is going to make money through 10-second audio advertisements and the company's plans to integrate with auto makers and car navigation systems, like Garmin and TomTom.
Acker also talks about the company's plans to integrate with other platforms, such as Blackberry next spring and how he sees a new talk-radio genre emerging as he connects drivers on the road.
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
All author postsAbhi provides working capital to SMEs and earned wage access to employees
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The Aha experience starts on your phone with the app. Easily access and organize your favorite content from the web into personalized, live, on-demand stations. Then take them with you wherever you go.
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Tim is a proven venture investor and experienced global executive, and was named on the 2011 Forbes Midas List of Top 100 Dealmakers.