This is a company started by a bunch of ex- PayPal people which could be useful for startups to get themselves noticed and get feedback.
I just joined and put some information about myself and Eko.
At Eko we intend to play around with the site and see if it proves to be useful.
Easy to do since its free.
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There is a need for a site like that in india . As far as valley is concerned there are plenty of other folks doing the same stuff and may be doing it better . for example these 03 site are my fave when it comes to find out info about other companies .
http://www.crunchbase.com
http://www.linksv.com
http://dealipedia.com/
It is best effort.
Thanx