mobile

Mobile Internet in India to touch 500 million users by 2017

The number of mobile Internet users in India is projected to hit 236 million mobile Internet users by 2016, says a new IAMAI-KPMG report. It further projects that mobile internet user-base will reach 314 million by 2017. This is no surprise, considering the recent MAIT report that said, smartphone sales are in a growth mode, rising 33% during fiscal year 2014-2015. This impressive growth would drive India to become one of the leading Internet markets in the world with more than 50% of Internet user base being mobile-only Internet users. With mobile internet user base increasing significantly, the government’s Digital India Initiative leads the way, collaboration among mobile Internet ecosystem stakeholders and innovative content and service offerings from mobile-based services players. Mea...

Bangalore scripts start-up success in the country

In India, Bangalore continues to be a start-up hotspot. The city has shot up four places in the latest Global Startup Ecosystem Ranking by San Francisco-based Compass, a research firm that provides global benchmarking tools. The world’s 2nd fastest growing start-up ecosystem, has the youngest entrepreneurs, says study. Their current rankings have new entrants, cities climbing the rungs of success while those that slipped. Bangalore ranks 15 and is the only Asian city apart from Singapore to figure in the top 20. The city scores big time on exit valuations. Bangalore witnessed five times more exit value last year than it did in 2012. Across twenty startup cities, the average value was up 78 percent, so Bangalore outstripped them handily. But Berlin did even better, thanks to the IPOs ...

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