Slideshare is by far the most visible startup from India(actually funded by valley guys but dev team operates from Delhi). It is the youtube of slides. Lets you upload and share your slide very easily. About an year back they had this best presentation competition which got lot of attention. They have scaled the application quiet well which runs on Rails, Amazon EC2 and S3.
Slideshare has around 15-20 guys in their Delhi office. Their founders operate from Bay area and Delhi team is in the able hands of Amit Ranjan. There is almost zero competition in this space and they seem to be playing it quiet well. However there is no sign of Slideshare caring about business and profitability. They may be looking at a takeover from Google or others. Ads are one way to monetize it. Contextual ads inside PPTs is also not a bad idea. Corporate accounts for storing private PPTs on the net/lan for sharing can also be on cards. For now they seem to have deep pockets and looking to mature this platform with lots of APIs and users.
Good luck Slideshare!
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