Article: Monitise India Now Open For Business; Monitise To Launch Mobile Money Platform in India.

M2 PRESSWIRE-13 March 2009-Monitise plc: Monitise India Now Open For Business; Monitise To Launch Mobile Money Platform in India(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:13032009

Monitise plc [MONI.L] has announced the formation of MonitiseIndia, a new organisation that will deliver a multi-bank, multi-operator mobile money platform for India.

The company will bring together a consortium of investors from across the financial services and mobile technology market. ICICI Bank, India's second largest bank, has expressed its intent to participate and invest in Monitise India, subject to the appropriate approvals.

The new service will let ...

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