2015-10-01

IAMAI launches Mobile10X to boost startups

The Internet and Mobile Association of India (IAMAI) launched an initiative that aims to scale up mobile application (app) developer ecosystem from the current 50,000 to five lakh in five years.

IAMAI launches Mobile10X to boost startups

The Internet and Mobile Association of India (IAMAI) launched an initiative that aims to scale up mobile application (app) developer ecosystem from the current 50,000 to five lakh in five years.

With Google India and Paytm as founding partners of the programme, the 'Mobile10X' initiative also aims to boost the mobile app segment revenue to Rs 10,000 crore from the current Rs 1,000 crore.

"India is on the cusp of apps revolution. With over 213 million mobile internet users and nearly 130 million local language consumers on the internet, the growth trajectory for app development is bound to be exponential," Rajan Anandan, Managing Director, Google India told PTI.

He added that the platform will play a mentor ship role and this will not be a funding or incubation platform. Under the programme, IAMAI will set up five mobile startup hubs over the next five years.

"The first one has been set up in Bengaluru, while the second one will come up around January. We are also looking at cities like Hyderabad, Indore, Jaipur, Pune and Mumbai," said Subho Ray, President, Internet and Mobile Association of India (IAMAI).

These mobile hubs will have a testing lab, design lab, capability building and co-working space, where the developers can work for free, he said adding that the cost will be borne by the founding members.

The initiative will also train five lakh engineering students on Android and iOS platforms, provide online mentoring with experts as well as offer industry and investor connect.

The programme will educate, engage, evangelise and enable and cater to students as well the as the entire ecosystem of mobile app developers.

Related opportunities
  • Automobile Maintanance Related
    AIS Windshield Experts was founded in 1999 by AIS (Asahi..
    Locations looking for expansion Haryana
    Establishment year 2001
    Franchising Launch Date 2005
    Investment size Rs. 5lakh - 10lakh
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Home Furnishing
    Urja Smart is a new era in Smart Automation Company,..
    Locations looking for expansion Punjab
    Establishment year 2021
    Franchising Launch Date 2023
    Investment size Rs. 20lakh - 30lakh
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Rajpura Punjab
  • Beauty Salons
    WELCOME TO HAIR & BYOND Situated in Koramangala near Forum Mall..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2024
    Investment size Rs. 10lakh - 20lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • We Oaks Preschool are a preschool fostering holistic child development..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads