BENGALURU, India Sloka Telecom, a WiMax startup based here, is in talks with Intel Capital, Motorola Ventures and independent venture capital firms to raise its first round of funding.
Sloka has deployed a WiMax network in France and expects to begin offering services in April. Sloka's first product is based on fixed and nomadic WiMax standards consisting of basestations, customer premise equipment, element and network management systems and Authentication Authorization Accounting servers.
Using WaveSat chip sets, it is pushing the same technology in Indonesia and Brazil. It will roll out its mobile WiMax solution early next year, said Sloka CEO Sujai Karampuri.
Launched in 2004, Sloka recently turned a profit and wants to raise up to $8 million in venture to scale up operations. "We can now go to different markets and sign up more customers," Karampuri said.
Indian operators are preparing for large WiMax deployments, but Karampuri said Sloka is currently looking beyond the Indian market. "We will look at the market here after we get traction overseas," he said.