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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Chingari’s Sumit Ghosh has big plans for his NFT marketplace. Regulatory uncertainty around crypto, growing competition and scepticism don’t rattle him.
Editor's note: Sumit Ghosh looks like a man straddling two worlds at any given moment. He appears calm and earnest, but the environment around him is bustling with the clamour of activity—notifications and calls buzz non-stop. It is a Tuesday afternoon and Ghosh has already had to reschedule our conversation once. But a few seconds into the call and you know that he is all there, eager to talk about his new endeavour. The 35-year-old is in two worlds, both polar opposites. The first is Chingari, the Indian TikTok clone of which Ghosh is CEO. He co-founded the company in 2018, two years before Chingari (and Ghosh) finally went mainstream. Chingari gained fame as an alternative to TikTok when the Chinese app was banned last year. Ghosh’s company took off, only to run into a crowd of stronger and bigger rivals later. The second is where Ghosh is also the man leading one of the biggest Web3 projects from India, GARI. If you’re steeped in the Indian cryptoverse, you probably already know about this project. GARI has been spoken about widely in …
The homegrown social startup is betting big on India’s latest content obsession—minute-long episodes of high-stakes dramas. Cut through the noise and the microdrama hype itself doesn’t add up.
Countries across the world are coming to the consensus that children aged under 15 must not have access to social media. India, which has over 300 million children under 15 and among the cheapest data tariffs, needs to have this conversation sooner rather than later.
The audio chat app turned profitable by connecting people from tier-2 and tier-3 India with users who speak the same vernacular language. But its aim to turn it into a sustainable business seems too ambitious.
