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INTERNET PENETRATION IN INDIA

Internet penetration in the urban region is not an accurate marker of the digital progress of India as the utility of the internet — application of the internet for daily life and trade activities — is very different between urban and rural populations. As pointed out above, 81.32% of the total population has access to the internet, which translates into approximately 365 Mn of the 450 Mn urban inhabitants of India. In contrast, the figures in rural India are quite the reverse. A mere 21.46% rural inhabitants — or 194 Mn of 904 Mn people — had access to the internet as of 2018. These figures are taken from the Telecom Regulatory Authority of India (TRAI) data sources.

 Number of Internet Users in India 2019

The number of internet users in India is 420 million as of June 2017. It is higher than the US total population. According to the IAMAI report, the number of Indian internet users will reach 500 million by June 2018. The growth of the internet in India brought a new change in today’s era. 

WHAT IS INTERNET PENETRATION?
The number of internet users in each country with its demographical data is known as internet penetration. According to the Kantar IMRB report in 2018, the total population of India is 132.42 crores (1.3 Billion) in which 43 crores live in cities or urban areas and rest 89.42 crores lives in villages or rural area.


( Picture Courtesy: ultraxart.com)



Growth Rate: In India, internet penetration was only 2%(40 million) in 2006. It increased to 4%(80 million) in 2009. In 2016 it was 27%(405 million) and at present in 2018, we are almost 35% including both rural-urban users its around 500 million
Internet penetration will increase to around 829 million Indians by 2021 as per the CISCO report.


In its ICUBE 2018 report that tracks digital adoption and usage trends in India, it noted that the number of internet users in India has registered an annual growth of 18 percent and is estimated at 566 million as of December 2018, a 40 percent overall internet penetration, it observed. According to the Kantar IMRB report in 2018, the total population of India is 132.42 crores (1.3 Billion) in which 43 crores live in cities or urban areas and rest 89.42 crores lives in villages or rural area.


BANDWIDTH:-

Bandwidth, literally, is the amount of data that can be passed along a communications channel in a given period of time. On the other hand, in business jargon, it is sometimes used to refer to the resources needed to complete a task or project. Did you know that homegrown Indian startups raised $4.88 billion in the first half (H1) of 2019? Did you know this was an increase of 8.7 percent from the same period last year? This time, the number of deals declined by 3 percent in the period, reflecting the increase in average deal sizes as investor interest and confidence in Indian startups saw a visible increase.
The HealthifyMe app combines AI and manual inputs to provide health and fitness services. The startup, co-founded in 2012 by Tushar Vashisht and Sachin Shenoy, began with an investment of Rs 15 lakh and aims to clock in Rs 100 crore in revenue this year. Co-working space giant WeWork is planning to go public in September this year, much sooner than what most investors had expected. Valued at $47 billion, this might be the second-biggest IPO this year, after ride-hailing startup Uber's IPO in May this year.

For one, there is plenty more dry powder in the market. A number of venture capital firms have closed Asia- and India-specific funds and the time seems ripe for bigger, bolder bets. The new year began on a positive note, with Jaipur-based CarDekho raising $110 million in a Series C round and Delhi-based Vyome Therapeutics raising a $22 million Series D round. 

Anup Jain, Managing Partner, Orios Venture Partners, summed it up when he said: “The stage has been set for a second wave of investments and entrepreneurs to enter the ecosystem with greater confidence in the coming years. Thus, 2018 will go down as the year that created the hockey stick effect for the startup ecosystem as we look back after a few years.”

-Yuvraj & Saroj

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