An opportunity for Indian entrepreneurs to grow digitally
Ankit Chaudhari, Co Founder, Aiisma
“Chinese tech & app economy owing to the Chinese Digital Firewall had evolved sooner compared to India’s and that is the reason we saw the recent rise of TikTok and others as well that started to challenge the supremacy of Silicon Valley startup’s in the space. Both China & India have a huge advantage of high population density that once it falls behind a technology can skew the dynamics quite a lot. And this is the biggest advantage that the current app ban has given Indian entrepreneurs. While we aren’t putting up a digital wall similar to China we have created an opportunity for Indian entrepreneurs to take advantage of the power of local users behind them and progress to learn and challenge existing leaders.
As an immediate trend we have seen that apps that are replacing the banned apps are seeing a lot of traction. This will create experience building consumer products & over the coming months & years give the Indian entrepreneurs an opportunity to understand these dynamics as well as start creating original consumer apps which is where we need to get an original Indian app, growing to lead the space”
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