Web 2.0 is at a fairly nascent stage in India. There are a bunch of India centric Web 2.0 products (or applications) that currently exist but that bunch is steadily growing. So, now you have a, not too insignificant number of techies, working zealously to create India centric social networking applications, mashups, aggregators, filters, web office products etc. But have you wondered about the profile of these people, who are leading the charge of the Web 2.0 brigade in India?
During the past few months, I have had the opportunity to interact with a cross section of the early Indian Web 2.0 adopters. I personally know few of them (having met them in events like TiE and BarCamps). Some of them, I haven’t met in person, but I have interactions with, via emails. While there are many others who I know off, because I read their blogs or follow the products they are creating. Based on my understanding of this disparate group, here’s how I would segment the people/companies who comprise the Web 2.0 space in India:
The Big Daddies of the Internet - This category is comprised of the internet biggies like Google or Yahoo, who are based out of Bangalore, and have teams that are creating Web 2.0 content for their Indian websites.
The Mid Sized Indian challengers - This category is comprised of companies like the Chennai based Zoho, which makes the well know Zoho weboffice suite. Or the Hyderabad based NowPos, which has created a voice email application. The typical team strength of such companies would vary between 25 and 50.
Foreign startups with a Indian development center- These are essentially foreign (mostly US based companies) with a Indian development team, where the product is made in India, either entirely or partly. The products could be meant for an Indian or for a worldwide audience. Examples are companies like the Bangalore based Riya, the Mumbai based Webaroo or the Pune based BetterLabs.
Indian startups/entrepreneurs making Indian specific products - In this category, I would include startups like the Bangalore based RHR Networks, which runs a bunch of India specific websites. Or the Chennai based TenMiles Corp, which is essentially a software products company but has created a cool polling application called Tezaa.
An army of Casualpreneurs - This group is at the base of the Web 2.0 pyramid and comprises techies, who can best be described as Casualpreneurs (i.e. casual entrepreneurs). I’m aware of scores of such people, who have a full time day job, but are creating India centric web products in their spare time. Most of these products have internet advertising based revenue models. The majority in this group are NRIs, though I am aware of resident Indians as well. Often, they are a bunch of friends, who have split the coding work between themselves and have pooled money to rent the servers. My hunch is that some of these casualpreneurs are future entrepreneurs but they are currently using the relative safety of their jobs, to try to monetize a product idea.
You might be wondering where I have slotted the big Indian portals like Rediff, IndiaTimes, Sify etc. In my opinion, these companies are largely oblivious to Web 2.0, being deeply preoccupied with monetizing Web 1.0 opportunities. They have created a few Web 2.0 applications, but I would regard those as exceptions to the general trend.
About Amit Ranjan:
Amit Ranjan is a techie turned marketer turned entrepreneur. He heads the Delhi office of Uzanto (a Silicon Valley user experience startup), where he drives the company’s product development team. He tracks emerging trends in the Indian consumer internet space and writes a blog called Webyantra, where he profiles innovative Indian web products and services.
Amit Ranjan is based in New Delhi.
About “India Technology 2.0″:
Amit’s “India Technology 2.0″ will bring audiences to the forefront of the issues and topics that drive technology innovation in India through several approaches, such as identifying trends in the Indian consumer internet space, reporting on governement policies impacting technology, interviewing local entrepreneurs and executives, covering notable tech conferences (and unconferences), and providing insightful and in-depth product reviews.
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Copyright ©2008 PodTech.net. All rights reserved. Modified: Sun, 07 Sep 2008 04:11:43 -0700
September 10th, 2006 at 4:02 pm
Nice article, Amit! That is a real nice sum up of the Web 2.0 scene in India.
Missed you at the BlogCamp.
November 12th, 2006 at 11:23 am
Hi,
important part is that Indian Businesses are looking at enterprise business software whereas there is large scope for b2c segment. I have discussed couple of new fads in business 2.0 segment on my blog
January 6th, 2007 at 3:29 am
Amit’s doing great work with Webyantra. Wish him all the luck with Uzanto
January 9th, 2007 at 11:35 pm
Found this new web 2.0 answering site from Rediff
http://qna.rediff.com
March 7th, 2007 at 3:49 am
Heard that a new Web 2.0 start up is about to put their offering live on the net. Dunno what the URL is, but its apparently called My Web Abode or My Web Space something like that. Possibly a MySpace clone. But what surprised me more when a friend mentioned that the development team is being funded by a Bangalore based IT company. Anyone with any news on that?
July 25th, 2007 at 8:40 am
This is Present Web 2.0 scenario in India, Sites like IndiaTimes, Rediff or Sify still carry 90% percent traits of good old Web 1.0, they shouldn’t be included in web 2.0 parade.
Although people like Amit Agarwal with his labnol.blogspot.com has been flag in India’s Web 2.0 hat , i guess Indian Techcrunch to some extent along with gigaom.com (Om Malik).
India still need some awareness where people still stuck to orkutting or messaging/ chatting.
… few VCs or angel investors probably can do the job
September 2nd, 2007 at 10:44 pm
Early stage venture capital in Technology 2.0 in India is a huge opportunity. However, investors need to be cautious. Vishnu Varshney of GVFL, so-called pioneer of venture capital in India, has given a bad name to the VC industry in India by investing in startups by succumbing to favours of politicians, and not disclosing his personal shareholding in the companies, received for free. GVFL COO for 5+ years, Bharat Kanani, recently got fired in Aug 2007 for having taken kickbacks alongwith Vishnu Varshney in divestments of their portfolio companies.