Here’s a closer look at the country’s burgeoning consumer internet #startup landscape 💸👇
India’s consumer internet opportunity is set to reach a whopping $1.6 Tn by 2025. #India has 759 Mn internet users, a number that is set to rise to 900 Mn by 2025. The large number of Indian internet users, along with some of the cheapest #internet rates in the world, has given many #consumer internet services companies a massive boost.
As a result, India has also become the world’s largest consumer internet #market for #tech giants like Facebook, Instagram, WhatsApp, Snapchat and YouTube.
With the growth of #digital infrastructure, rise in the number of internet users, an increase in #funding across the consumer internet space and growing digital adoption by consumers, the consumer internet opportunity in India is massive.
Credit - Inc42 Media