Press Esc to close
Wednesday 20 September 2017
News updated at 8:59 AM IST

Sachin Bansal bats for 'Mobile App Village'

Bangalore, Sep 26, 2014, DHNS : 0:43 IST
Reuter sPHoto
Sachin Bansal, CEO and co-founder of Flipkart.com, exhorted the importance of a ‘Mobile App Village’, an ecosystem where developers can find solutions to the challenging problems facing the country.

Speaking at the Global Mobile Internet Conference (GMIC) held on Friday, he said the growing penetration of mobile Internet should be converted into an opportunity for the developer community to take head-on the challenges faced by India. “In the case of our company, the last 12 months we witnessed only 5 per cent of transaction through mobile platforms. But now, the transaction levels have reached 50 per cent. This demand is growing not only from the big cities but from Tier II and Tier III cities,” he said.

Bansal said that smartphones would be the platform for the next wave of consumption from education, music and entertainment. “Here, we should also bring in a ‘Make in India App’ campaign on the lines of the ‘Make in India’ campaign,” he said.

GMIC, the largest conference on global tech innovation organised by private network GWC, got off to a flying start with overwhelming participation from Indian tech companies.Established in 2009, GMIC is the leading platform for mobile industry executives, entrepreneurs, developers and investors to network, share insights and exhibit innovative work.

Naveen Tewari, CEO and founder of InMobi, a mobile advertisement platform, said the mobile phone will be the next platform for change. “The second wave of change will be with content and transaction. Here, we have to give primacy to solving problems than simply developing applications. Besides computing technology and the Internet, design will also have greater say in bringing about change,” said Tewari.

“With the onset of mobiles, the cost of doing business has come down drastically. Low-cost apps will help entrepreneurs extend their reach across globe,” he said.

Kavin Bharti Mittal , chief executive of two-year-old messaging company Hike Ltd , highlighted the growing opportunities in the mobile business.

“Launched in December 2012, Hike today has more than 35 million users and has raised $65 million. We are witnessing 30 per cent growth on an annual basis and focus more on the 25-year age group and those who use low-end smartphones with second-generation or 2G services,” he said.

GMIC also witnessed overwhelming participation from Chinese and European companies with many of them presenting new coding platforms, developer kits, and focusing on mobile tech developers.

Micha Benoliel, CEO of Open Garden which launched its FireChat app for offline chatting, said the event has given him an opportunity to reach out to new customers.

Go to Top

Photo Gallery
U.S. President Donald Trump addresses the 72nd United Nations General Assembly at U.N. headquarters

U.S. President Donald Trump addresses the 72nd United Nations General Assembly at U.N. headquarters

Rohingya refugees pose for a picture in a camp in Cox's Bazar, Bangladesh...

Rohingya refugees pose for a picture in a camp in Cox's Bazar, Bangladesh...

Commandos of the Quick Reaction Team (QRT) demonstrate during the 4th Maharashtra Police Commando...

Commandos of the Quick Reaction Team (QRT) demonstrate during the 4th Maharashtra Police Commando...

Underworld don Dawood Ibrahim's brother Iqbal Kaskar being produced in a court in Thane, Mumbai...

Underworld don Dawood Ibrahim's brother Iqbal Kaskar being produced in a court in Thane, Mumbai...

Michael Aaron Nii Nortey Oquaye, High Commissioner-designate of Ghana, presenting his credentials...

Michael Aaron Nii Nortey Oquaye, High Commissioner-designate of Ghana, presenting his credentials...

Congress workers protesting against the Modi Government over fuel price hike, in Mumbai...

Congress workers protesting against the Modi Government over fuel price hike, in Mumbai...

Security forces personnel inspect the site of a solar plant that was allegedly blown up by the...

Security forces personnel inspect the site of a solar plant that was allegedly blown up by the...

This Monday, Sept. 18, 2017, GOES East satellite image provided by NASA taken at 23:15 UTC, shows...

This Monday, Sept. 18, 2017, GOES East satellite image provided by NASA taken at 23:15 UTC, shows...

Devotees perform traditional Hindu ritual of 'tarpan' on the banks of River Ganga near the Howrah...

Devotees perform traditional Hindu ritual of 'tarpan' on the banks of River Ganga near the Howrah...

A top view during the unveiling of a kilometer long street 'Alpona' (sacred art painting) to...

A top view during the unveiling of a kilometer long street 'Alpona' (sacred art painting) to...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.