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How India is charming Netflix, Disney, and Amazon
Indian consumers have begun to show stickiness to video-on-demand platforms with ever-increasing engagement.
4 mins read
Moulishree Srivastava
Journalist • [email protected]
I cover Indian tech, startup, venture capital ecosystems for KrASIA.
Walt Disney is all set to reign India’s fledgling USD 500-million-plus video streaming market.
Although, Xiaomi is posting record growth one quarter after another, its competitors are coming after it with full force.
Private labels have lately become popular among internet companies as it promises higher returns.
Since its entry in 2016, Netflix has invested more in India than any other market outside the United States.
WhatsApp has said it's in the process of complying with the local laws, but so far India is not impressed by the efforts.
The total retail opportunity in India stood at USD 805 billion last year, with online contributing to about 3% of the total market size.
Currently, all startups have to file annual returns and financial documents with Registrar of Companies.
India has over 300 million Facebook and WhatsApp users, and about 69 million Instagrammers.