‘The app is the magic’ and 30 more innovation insights from GMIC 2015

Darren Li Media Coverage

The annual Global Mobile Internet Conference (GMIC), held in India for the second time by GWC, drew dozens of startups, innovators, investors and mobile powerhouses to Bangalore. With the theme ‘Mobile Everything – Connecting Innovation,’ the speaker lineup included the founders of Indian billion-dollar ‘unicorn’ players such as Flipkart, Snapdeal, Paytm, Ola and InMobi. There were also heavyweights from China …

Nandan Nilekani commits $200,000 to Nudge Foundation

Darren Li Media Coverage

Infosys co-founder and former UIDAI chairman Nandan Nilekani has committed $200,000 (Rs 1.32 crore) investment into The/Nudge Foundation, a non-profit launched by former InMobi executive Atul Sathija in July this year. In addition to this, the entity has also raised $50,000 (Rs 33 lakh) from the Great Wall Club, $75,000 (Rs 49 lakh) from InMobi and $40,000 (Rs 26 lakh) …

India to lead mobile Net: Apus CEO

Darren Li Media Coverage

In his keynote address at the Global Mobile Internet Conference held in Bengaluru on Thursday, Tao spoke about the similarities between India and China in terms of population, GDP and growth rates, and how China’s present maybe a pointer to India’s future in mobile internet and innovation. He, however, believes India will take a leap of its own. Tao divided China’s …

Chennai Based HyperVerge Emerges Winner At The G-Startup Competition At GMIC

Darren Li G-Startup Worldwide, Media Coverage

GMIC, India’s largest mobile conference, has announced HyperVerge as the winner of their flagship startup competition, G-Startup held in Bangalore yesterday. The emerged winner at the competition, HyperVerge, is a Silicon Valley and Chennai based startup founded in 2014 by Kedar Kulkarni, Vignesh Krishnakumar, Kishore Natarajan, Saivenkatesh Ashokkumar and Praveen Kumar. The startup uses deep learning to organize images. It …

Chinese mobile companies expand rapidly into India

Darren Li Media Coverage

A number of Chinese mobile companies are expanding rapidly into India. Mobivista, a mobile advertising platform, has announced plans to invest $100 million in India by 2018. Chinese handset company Coolpad Dazen has set up more than 250 service centres across India, in just the past two months. On Thursday, at the Global Mobile Internet Conference (GMIC) Bengaluru, Chinese mobile …

E-comm biggies debate app-only approach

Darren Li Media Coverage

 The Global Mobile Internet Conference (GMIC) held on Thursday in Bengaluru — its second season in India — discussed the challenges surrounding the mobile-first and app-only approach of tech-start-ups, focusing mainly on mobile commerce and the problems with app infrastructure in India. Technology entrepreneurs like Sachin Bansal, InMobi Co-founder Naveen Tewari and Paytm founder Vijay Shekhar Sharma talked about the …

Debunking valuation concerns: Indian unicorns Paytm, Flipkart and InMobi believe market opportunity is justified

Darren Li Media Coverage

Indian Unicorns Paytm, Flipkart and InMobi debunked the concerns over high valuations of companies, a hot topic in the startup ecosystem, saying that market opportunities justified the valuations and there were larger problems to be tackled. “We should look at the macro view. We believe in 10 years Indian internet players will create market cap of $1 trillion,” Flipkart chief …

Paytm, InMobi back Flipkart’s move to focus on mobile app

Darren Li Media Coverage

Flipkart’s move to go mobile first may have been criticised by some peers like Snapdeal cofounder Kunal Bahl, but the top ecommerce player has found some worthy backers in Paytm founder Vijay Shekhar Sharma and InMobi cofounder Naveen Tiwari. These leading Internet entrepreneurs believe the future of Internet in India is in mobile devices, with most people accessing services and …

Cheetah Mobile announces its plans for India; will invest in startups

Darren Li Media Coverage

The company announces its top four priorities for India which include expanding local partnerships, hiring local talent, promoting Cheetah Ad Platform, and investing in local startups Cheetah Mobile, a developer of mission-critical mobile utility applications, has revealed its strategic plan for the Indian market where it is ranked the third largest application developer (behind Facebook and Google; third globally), bringing …

New Misfit Wearables Launch In India Exclusively Via Snapdeal

Darren Li Media Coverage

Co-founded by Sonny Vu, Sridhar Iyengar and John Sculley (Former Apple CEO), Misfit is the hardware company that has been steadily launching wearables and smart home devices since 2013. At the GMIC Bangalore event, the company has announced that they are launching a range of its products in India exclusively via e-commerce portal Snapdeal.com. Among the products, there’s the popular …