Tuesday, October 27, 2020
Home Industries Indian Startups united to fight dominance from big tech players

Indian Startups united to fight dominance from big tech players

About 56 founders of several Indian startups united for a virtual Zoom meeting to discuss ways of preventing big tech companies' dominance in the digital market.

Founders of Indian startups united for a virtual Zoom meeting recently to launch a collective digital reform movement. Founders of Razorpay, IndiaMART, Dream Sports, PhonePe, Policybazaar, and GOQii were notable members of the meet. 

The meeting was organized to discuss the supremacy of large technology corporations such as Google and Facebook and raise their voice against their dominance in the market. According to participant entrepreneurs, Google’s unfair practices and its excessive control over the conduct of applications on its platform, Google Play Store, tend to undermine the efforts of small players. Google, however, has not commented on this. It has always made a strong stance for its policy to protect Android users and enforce them on developers.

Moreover, Indian startups united to raise their voice against Google’s recent decision to impose a 30% commission on new categories of online services like education, health, and dating. 

At the Zoom meeting, Indian startups united to create a viable alternative to Google Play Store so that startup companies can carry out their operations in a free and fair manner. 

We can’t let India’s digital dreams be controlled by one or two global companies. We will face retaliation from Big Tech (but) that is a confirmation of our importance and their dominance on world technology. India is a builder of global technologies, not just a market or importer. Our time is now. – said Vijay Shekhar Sharma, Founder of Paytm

He urges founders to engage in collective action against big tech players’ unjust dominance so that worthy startups can gain more exposure in the Indian digital market. He also pointed to the new post COVID-19 economic policy of Atmanirbhar Bharat and asked participants to view this in relation to Prime Minister Narendra Modi’s call to a self-sufficient Indian market.

India is a large enough country, and its digital ecosystem is growing. We can’t let foreign companies dictate how we do business, – said Vishal Gondal, Founder, and CEO of GOQii

During the Zoom meet, entrepreneurs stressed the need to overcome the supremacy of big tech corporations and join hands against their unfair practices so that smaller companies can attract the government’s attention towards their cause. This may involve Google and Facebook to incorporate local entities governed by local policy and legislation. The appeal from Indian startups is a bold move towards self-reliant India.

Manisha Ray
Manisha Ray
A connoisseur of all things fabulous in life, Manisha is a literature student at Delhi University. She is a keen observer and a quiet thinker. Being unafraid to experiment and dabble with the unknown, she is on an expedition to discover new things.
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments

SUBSCRIBE

Most Popular

Say hello to creative industry: New hub for startups

With more and more people engaging in the consumption and creation of creative content across platforms, the opportunities for the startup businesses in the creative industry have been observing a growth in the COVID-19 period. Therefore, it is safe to say that in near future the creative industry can be considered as new hub for startups and startup business ideas.

Lido Learning to Raise $30 Million via Curefit, Bytedance

The ongoing pandemic has brought education technology to the forefront. EdTech startup, Lido Learning to raise $30 Million as a part of its extended Series B funding.

Can startups turning CO2 into vodka save the climate?

The carbon-negative vodka is made from the air (CO2) and water. The theory from startups turning CO2 into vodka promises to help stem global warming.

Mental health and well-being of children: An eye-opener

Jammu schools constitute a psychological task force in addition to the pre-established counseling services to fight the growing mental health and well-being issues.
error: Content is protected !!
0
Would love your thoughts, please comment.x
()
x