iWorld
Yupp TV gets $50 mn funding from KKR-backed Emerald Media
MUMBAI: It’s a sign of the confidence international private equity firms have in India’s one-billion plus mobile user base, the over the top (OTT) ecosystem and the appeal south Asian content can have worldwide.
The Chernin-KKR-Ailleo-Kamath backed Emerald Media yesterday announced that it was investing $50 million (Rs 334 crore) in the Uday Reddy-run internet pay TV platform Yupp TV and gaining a significant minority stake in the firm. The purpose of the fund-raising: expand the OTT service’s footprint globally, its content library through originals and acquisitions, and in the process ramp up its subscriber base.
Headquartered in Atlanta, Yupp TV offers a mix of live TV (more than 250 channels in 14 languages), TV shows, movies and videos with a focus on the US, UK, Middle East, Canada, Singapore, Malaysia, Australia, New Zealand and the Caribbean. It has been making inroads in India too with an initial focus on the south Indian market, but has since been spreading nationally. The platform has more than 25,000 hours of entertainment content catalogued in its library, with nearly 5,000 hours of new on-demand content being added to it daily. It recently launched YuppFlix, its on-demand movie streaming service on the back of its 5,000 strong movie catalogue.
More than five million monthly visitors – peaking at 20 million – log on to the Yupp TV service using 27 integrated devices. The YuppTV app has had 10 million mobile downloads, 50 million Samsug TV and 300,000 LG Smart TV pre-installs globally. The app is also available for PS3 and PS4s.
Said YuppTV promoter & CEO Uday Reddy: “We couldn’t ask for a stronger partner than Emerald Media. YuppTV is a content distribution platform with a strong consumer connection, and Emerald Media has global media relationships. We hope to leverage their relationships and existing assets Endemol, OML, Fluence and Graphic India to create original programming and make this platform a next generation distribution and content powerhouse.”
Added Emerald Media managing director Rajesh Kamat: “Emerald Media believes in driving change and value-creation by providing a distinctive combination of capital, domain knowledge and management bandwidth. The world is moving from traditional consumption to multiscreen delivery mediums. YuppTV provides a unique combination of technology, strong content relationships and revenues of scale and will be an anchor to our vision of building a new age media company.”
Said Emerald Media managing director Paul Aiello: “Uday and his team have created an exceptional online video platform with a loyal subscriber base that realizes the huge potential of the global Indian diaspora. Our investment and relationship will enable YuppTV to further their strong leadership position in the rapidly growing OTT space.”
YuppTV will need all the financial muscle it can get. The Indian OTT and VOD space is just about beginning to warm up with the likes of Amazon keeping aside a war chest of around $300 million for its Prime Video service. Additionally, Netflix, Hotstar, SonyLiv, Ditto TV, Voot, Hooq, Viu, Spuul, and the soon to be launched Alt Balaji are all nurturing ambitious investments and plans to capture a piece of the Indian mobile consumer’s wallet.
Also read:
Hooq plans to invest $2 million on original Indian content
Challenges faced by the OTT players in India; the way ahead
iWorld
What SMS letters G, T, S and P mean and how they help spot scams
Small alphabet tags on messages reveal whether texts are government or ads.
MUMBAI: Sometimes the smallest letter in a message can be the biggest clue. In an age where smartphone users receive dozens of alerts every day, the tiny alphabet appearing at the end of many SMS messages can reveal whether a text is official, transactional, service related or simply promotional. Understanding these tags can help users quickly identify legitimate messages and stay alert to potential scams.
Under telecom regulations in India, SMS senders are required to categorise messages based on their purpose. As a result, many texts end with a single letter that indicates the type of communication being sent.
If an SMS ends with the letter G, it typically means the message has been sent by a government authority. These alerts may include information about public services, government schemes, safety advisories or emergency notifications such as natural disaster warnings.
A message ending with the letter T signals a transactional SMS. These are usually sent by banks, financial institutions or digital services to confirm activities such as payments, account updates or one time passwords (OTPs).
The letter S represents a service related message. These notifications commonly come from companies and online platforms providing updates about services or orders. For instance, e commerce platforms like Amazon or Flipkart often send delivery updates and order confirmations that end with the letter S.
Meanwhile, SMS messages ending with the letter P are promotional in nature. These texts are typically marketing communications sent by businesses advertising products, offers or services such as education programmes, fashion sales or loan schemes.
Understanding these simple tags can also help users stay cautious about fraudulent messages. Cybersecurity experts note that scam messages often do not follow these regulated formats and may arrive without any category letter at the end.
While the absence of a tag does not automatically mean a message is fraudulent, it can serve as an early warning sign encouraging users to verify the source before clicking links or sharing personal information.
For those who wish to reduce marketing texts altogether, telecom operators also provide Do Not Disturb (DND) options.
Users of Jio can activate DND through the MyJio app by navigating to the menu, selecting settings and enabling the DND option with preferred filters.
Similarly, subscribers of Airtel and Vi can enable the same feature through their respective mobile apps to block promotional messages.
In a digital world flooded with alerts and notifications, recognising what a single letter means could make the difference between a harmless update and a potential scam.
