I found this fascinating quote today:

As a part of the new, experimental PuneTech video series, we interviewed Anand Soman, CEO of Pune-based startup Infinishare, and serial entrepreneur. Infinishare provides software for a host of internet enabled devices, including digital photoframe devices, digital displays, home internet devices. They provide a full software stack for such devices, but their core IP is in device-to-cloud, and device-to-device communications.punetech.com, PuneTech, Aug 2009

You should read the whole article.