Netcore offers the service 'MyToday' to 3.8 million mobile phone users in the country. Jain was the founder of IndiaWorld Communications, a small start-up, which was acquired in 1999 by IT major Sify Technologies for around Rs 500 crore (Rs 5 billion).
The company - Mumbai-based Netcore Solutions - provides around 20 SMS-based channels like news, Sensex, cricket, jokes, horoscope and Bollywood free-of-cost to subscribers, irrespective of the operator or the circle. Further, these services are available across all the 23 circles in the country.
Users of entry-level handsets will soon be able to avail of push-mail services, with the Rajesh Jain-promoted Netcore Solutions close to launching the service in India.
Indians are eager consumers of digital advertising and are five times more willing to share personal data with companies when they are delighted by their digital experience.