WORLD’S A STAGE Under Pichai’s watch, Google has been relentless in its focus on India, launching around 20 India-specific initiatives, some of them for global markets, but always first tested and launched in India. The vast Indian market provided perfect ground for Google’s global dreams.
Founders Brin, Page step down; Pichai, who remains Google CEO, to run world’s third most valuable firm that currently faces regulatory scrutiny. Investors have rewarded Google stock, with the company’s market cap doubling to nearly $900 billion since Pichai took over. Pichai studied in IIT-Kharagpur before moving to Stanford University for his Masters.
In the enterprise segment, desktop still enjoys a respectable 38% share, from 73% in 2010.
When it comes to investment our priority is also to deploy a more effective and inclusive way to make bets on big ideas. That’s why Village Capital’s affiliated fund VilCap Investments makes investments through a process called “peer selected investment.”
The sharing and renting economy appears to be steadily growing among millennials averse to acquiring assets.
Auto is the largest category for OLX in India and generates 45% of the revenue for OLX India, says Bhaskar Bagchi, General Manager, OLX CashMyCar (CMC).
"We will double down on our fintech scaleup in 2020 to make FY2021 our first full year of profitable growth. Once we hit this milestone, we will march forward towards an IPO in 2022-24," Mobikwik's co-founder Upasana Taku said.
Cheaper data plans have contributed to expanding mobile internet and getting more e-shoppers on board. “Thanks to Jio, the market has expanded,” says Pankaj Vermani, CEO of Clovia, referring to cheap data plans offered by the telco.
The growth across the country is driven by increased demand from tier-I and tier-II cities where American Express Card members want to spend, the premium credit card and payment platform company said in a release.
A number of tech startups are selling micro insurance covers — for broken spectacles and a missed flight.
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