Should Indian startups take on global Internet giants?
Online payments company Paytm recently announced that it had been building a ‘Mini App Store’ which might ‘empower Indian developers’. We discuss whether the Indian startup ecosystem is prepared to anticipate the giants on whom they're dependent on crucial infrastructure.
Online payments company Paytm recently announced that it had been building a ‘Mini-App Store’ which might ‘empower Indian developers’. This trick came days after Paytm was faraway from Google’s Play Store, over violation of its policies. Though it had been replaced later, Paytm and several other Indian Internet startups allege that Google is using its market dominance to arbitrarily enforce policies and target competitors.
Google also announced that it'll start enforcing a 30% commission on all payments made for digital services in apps from its Play Store.
Though the implementation of this plan has since been postponed to next year, it's caused much heartburn within the Indian startup environment.
There is discontent creating against tech giants in their home country also, with an identical tussle happening between Apple and a few game developers within the U.S., and therefore the government is readying an antitrust lawsuit against Google.
We discuss whether the Indian startup ecosystem is prepared to anticipate the giants on whom they're dependent on crucial infrastructure.
