It is noteworthy that the Indian IT industry is one of the most evolving in the world. India has the world's third largest online population. However, its online penetration rate is still just 20 percent. So it has a great potential for expansion. Moreover, India is ranked as the fourth largest technology start-up hub in the world.
Housing.com is one of the most famous Indian start-ups. It took it two years to overtake all of its rivals and become the top Indian online real estate portal that simplifies finding, renting, and selling homes in India. Total investments in the start-up are estimated at $139 million. According to experts, its popularity is associated with the company's careful selection of employees.
Zivame is also among the top start-ups in India. It is a leading online lingerie retailer in the country. The business solution hit the mark as India lacks typical underwear stores. The online platform enjoys popularity among Indian women. Investments in the start-up totaled $9 million.
AdPushup is another young IT project, which has become very popular in India. The company helps site owners to optimize advertising on their resources. The start-up managed to attract more than $630,000 in angel investment.
Paytm is the most popular mobile e-commerce platform that offers mobile recharge and also utility bill payments. The young company has over 80 million customers and more than 15 million orders a month. The start-up raised $200 million worth of investment.
Redbus is India's number one bus ticketing platform. In 2013, it was acquired by ibibogroup. The project attracted $8.3 million in investments for its development.
InMobi is a flagship example of India's explosive start-up growth. It is a mobile advertising platform which analyzes a user's in-app install and post-install events to display ads that are potentially interesting. Experts say the start-up popularity can be comparable with that of Apple and Facebook on the Indian market.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
