Foreign companies have begun outsourcing new media work such as online reputation management, data mining, influencer identification and crisis management directly to small and mid-sized Indian social networking agencies. This is even as big agencies continue to sub-contract work to smaller agencies in India.
Banks and corporations see value in 140 characters.
Murthy has funded 10 start-ups in India and 3 abroad. Murthy-funded firms like Geodesic, Webdunia, EasyBuy, CareerLauncher, Tulleeho and Pinstorm, his latest venture are today successful companies.
Desai has taken over from Mahesh Murthy, the erstwhile president of TiE Mumbai.\n\n\n\n
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
While industry is upbeat, start-ups in the space sector are finding it difficult to cater to the demand due to a lack of funding, issues related to policy like foreign funding, intellectual property, etc, and a lack of support in testing.
Tesla began taking orders for its $35,000 Model 3 sedan from Indian customers in April last year.
It's the same sourcing norms that have been a hurdle for multinationals such as Apple Inc in setting up retail operations in India.
Of late, net neutrality has generated much debate.
While the redeployment of talent from companies that have shut down into other start-ups is a great move, some say the gesture is gaining more visibility than the actual companies
WhatsApp is the factory where data gets collected for Facebook. And, the cost of that data collection is insignificant as against the monetisation happening on the Facebook platform
With Uber & Ola fighting it out, the taxi aggregator space is set for massive growth.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.