I am 100% sure this news will cheer every Indian who don't have Google AdSense. It is known even to Indian Government (just kidding) that getting AdSense approval is almost impossible for Indian bloggers.
At last, the much awaited PPC company from India has come alive. Go to admaya.in
The registration process is quick and they approve your application in a day.
They approved my blog and I generated the ad code for a 120x160 sky scrapper in a jiffy. Watch it here: http://funsandsmiles.blogspot.com/
Ad Maya provides various ad formats that match the ads provided by Google. Checking your clicks statistics is possible but it is only basic.
There is no information about who owns admaya.in. There is no contact address.