comscore Mark Zuckerberg Delhi Town Hall: Facebook to tap startup boom in India with Nasscom tie up
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Mark Zuckerberg Delhi Town Hall: Facebook to tap startup boom in India with Nasscom tie up

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Facebook recently conducted a town hall at its headquarters in Menlo Park, in which PM Narendra Modi had participated. Now, its CEO announced that he is all set to host another town hall. A lot is expected from Mark Zuckerberg’s Delhi town hall, including its recent partnership with Nasscom to launch the Leaders Building for the Next Billion Program. Also Read - Mark Zuckerberg discusses net neutrality, zero-rating issues with Delhi MPs

Also Read - Technology can help build superpowers: Mark Zuckerberg

Also Read - Lobbying for net neutrality, working towards building open framework: Mark Zuckerberg

With the partnership, both companies aim towards supporting startups and developers to build websites and apps for first time Internet users. As per Nasscom, India is one of the five largest startup communities that have created over 80,000 jobs across more than 4,200 companies. Looking at the immense potential, global giants such as Google, Qualcomm and Facebook have taken the initiative to make the most of the opportunity by announcing funds and investments for startups in India.

Qualcomm has announced a $150 million fund for startups in India. Meanwhile, Google too announced Android Nanodegree program in India with Udacity and Tata Trusts.

https://ssl.gstatic.com/ui/v1/icons/mail/images/cleardot.gifLast year, Facebook launched an initiative called FBStart, which has already seen massive participation from app developers, especially from India. Out of $50 million that Facebook distributed to startups in Asia Pacific, $20 million has been given to developers in India. Out of the total developers, 70 percent are based out of the US, with majority of them from India.

Nasscom will be inviting students and developers through an application process. Out of the total applications, 10 talented ones will be selected and provided with the required support on marketing, financial, technical and leadership skills. With this program, the company aims to help enthusiastic developers to build their own business and applications.

In India, Facebook has over 132 million active users, whereas it has 193 million active users in the US. Interestingly, according to Facebook, 90 percent of the users in India access the social network from their mobile phones. With the steadily growing smartphone user base in India, Facebook wants to tap on the users who are new to internet, by offering them tools to easily access the social network. This is also a step toward s realizing PM Modi s Digital India initiative.

For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow BGR India’s Facebook, Twitter, subscribe our YouTube Channel. Also follow us on  Facebook Messenger for latest updates.
  • Published Date: October 20, 2015 3:43 PM IST
  • Updated Date: October 27, 2015 8:34 PM IST



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