Sabeer Bhatia launches InstaColl
By agencies   |   Thursday, 14 April 2005, 19:30 IST
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BANGALORE: Hotmail co-founder Sabeer Bhatia has launched a start-up product firm involved in new collaboration software that allows users to share information and documents in real time over the web. Bhatia, who has invested in the firm InstaColl, said the software, an add-on to the popular Microsoft Office, helps sharing of information and documents between number of users using the Internet. Bhatia, co-founder of Hotmail, the free e-mail service, made it big when he sold off the venture to software behemoth Microsoft for over $400 million at the height of the dotcom boom. Later he started aarzoo.com which was shut very soon as it did not attract intended clients. "It works the way like you do," Bhatia said, adding, that he would soon head the Bangalore-based InstaColl as its Chairman. The product, in beta version, can be downloaded free for the next few months, he said, adding that once the product is licensed, "We will make it extremely affordable". InstaColl has tied up with IBM to bundle the software with its X-series of servers. Financial details were not revealed about the venture that currently employs over 100 professionals.

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