We have covered apps like Connectify, mHotSpot and Virtual Router Manager which allows you to create a WiFi hotspot using Windows 7. Virtual WiFi Router is another simple freeware and portable app for Windows which allows you to share the Windows 7 internet connection using a virtual WiFi router. This is useful if you Internet connection is wired and want to share it with other laptops and mobile devices.
The interface is pretty simple and you can configure the password from the configure tab and set the Wi Fi connection. The in start/stop tab, you can start the connection and it will be visible as the name you have set in the config options.