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What The Mary Meeker Internet Trends Report 2017 Means For India

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Kleiner Perkins Caufield & Byers’ partner Mary Meeker has released the internet trend report for 2017. This annual report is considered to be the best way to get up to speed with everything going on in the technology sector. This 355 slides report lays down the developments and growth in the tech sector and is the most informative research report on the progression and regression of the various sub-sectors of the industry.

Here’s what the 2017 report says about the Indian Industry:

India currently has 355 million Internet users, making us the second highest country right behind China. While Indian Internet popularity grew 28% in mid-June 2016 with 40% year on year growth, Internet penetration is still at 27%. The 50% Internet penetration mark is still far away.

Smartphone prices are still high at 8% GDP. However, data cost has dropped from 3% to 1.3% since 2015, meaning that more people can afford to use a smartphone. India crossed the US market in the year 2016 for the number of Google Play downloads and is the number one global market for time spent on Android. Including the first quarter of 2017, India’s smartphone shipments have continued to grow by 15% year on year.

Chinese smartphones like Xiomi, Oppo and Vivo made considerable gains as increased competition has reduced prices and improved quality. Made in India smartphones Lava, Micromax and Jio are battling it out for an inexpensive 4G feature phone. On the one hand, the average selling price for Micromax, Lava, and Karbonn has fallen, while there was a rise of Chinese players. Overall the average selling price of smartphones has stabled. The fight of Lenovo, Xiaomi, Oppo, Vivo for the smartphone market with quality features and online distribution has intensified with the entry of Reliance Jio’s Lyf branded phones.

The mobile web traffic is well above global average at 80% and second only to Nigeria, with Indians spending 45% of their time on mobile phones. Indians spend 45% of their time on mobiles looking at Entertainment, with Search, Social, and Messaging coming in second at 34% while only 2% of their time is spent on news and media.

Since the entry of Reliance Jio, Bharti Airtel, Vodafone and Idea collectively own 60% share of broadband subscribers, have also had to cut down data rates. There was a 10% decline in data costs per GB decline on a quarterly basis, while voice costs declined 4% quarter on quarter. There was a further decline of data costs by 20% among incumbents by March 2017.

Google Chrome became the second most preferred web browser in India, beaten by China’s UC Web with 50% market share. Whatsapp is India’s top downloaded Android App followed by Facebook messenger.

The report also states PM Narendra Modi’s policies, including Digital India, focusing on online payments, is a factor in the strong growth of India’s internet usage. However, devices and data are still expensive despite the falling prices. The report also spoke about digital payments and that UPI-based payments stood at $359 million till March 2017. Over 82% of the population is covered under the Aadhaar scheme.

This was just about the Indian Internet scenario. The Mary Meeker report covers many more insightful areas ranging from digital streaming, Facebook and Google ad placements, Cloud services, online gaming to health care.

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Meta’s AI Assistant, Meta AI: Friend or Foe for Searching Giants?

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Meta Platforms (formerly Facebook) has introduced Meta AI, an AI assistant, powered by Llama 3 language model, designed to be your one-stop shop for information, chat, and creativity. This means you can get real-time information on Facebook, WhatsApp, Messenger, and Instagram without ever leaving the app!  

 

Meta AI’s search strategy is an intriguing twist. While it may appear to be a competitor to Google and Bing, it contends that Meta AI is not a competitor, but rather a collaborator. Here’s why:

 

By relying on established search engines as sources, Meta AI positions itself as a user-friendly tool that combines the best of Google and Bing. Imagine getting results from both Google and Bing in the same search. As you are exposed to different points of view, you may gain a more comprehensive understanding of the subject. They’re calling it the “most intelligent AI assistant that you can freely use,” so it will be interesting to see how it compares to other assistants on the market. 

 

How does Meta AI help you? 

 

Search Powerhouse: Meta AI combines Google Search and Microsoft Bing results to provide you with a more comprehensive view of your queries.

 

Chatty companions: Need answers or simply want to talk? Type “@MetaAI” into Facebook Messenger, Instagram, or WhatsApp and let the conversation begin.

 

Creative Spark: Feeling artistic? Meta AI allows you to create custom stickers and photos based on your text descriptions.

 

Where to Find Your Meta-AI Buddy:

 

  • Look for Meta AI in the search bars on Facebook, Instagram, Messenger, and WhatsApp.
  • To respond to posts, interact with Meta AI directly in Facebook’s main feed.
  • Explore the new meta.ai website for extended conversations.
  • Type “Imagine” into your WhatsApp chat to generate real-time images.
  • The future may even include access via Meta’s VR headsets and Ray-Ban smart glasses.

 

The Future of AI Assistants

 

Only time will tell how Meta AI integrates into our lives, but it certainly offers a glimpse into an interactive future where AI assistants cater to our search, chat, and creative needs.  Whether Meta AI becomes a true partner to search giants or forges its own path remains to be seen.

 

Meta AI promises a brand new way to search and interact with information.  Do you think this AI assistant will change the way we use social media? Share your thoughts in the comments below! 

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Discover Kheyti, The Startup Changing The Lives of Farmers In India

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Farming has been an integral part of India’s history and culture for ages. It’s been the foundation of the Indian economy, supporting millions of people with food and jobs. Crops and agriculture hold immense importance in Indian society, not just in terms of money, but also in terms of culture, community, and spirituality.

Farming is a way of life for many people in India, but it can be a difficult and unpredictable business and farmers face a number of challenges, from erratic weather patterns to low market prices for their crops. Kheyti is a social enterprise founded in 2015 by Saumya, Kaushik Kappagantula, and Sathya Raghu. The organisation provides sustainable solutions to small farmers in India, helping them overcome challenges and improve their lives.

Kheyti’s flagship product is the “Greenhouse-in-a-Box,” a low-cost modular greenhouse that allows farmers to grow high-value crops year-round, even in unfavourable weather conditions. operates on a subscription-based model, where farmers can purchase a “Greenhouse-in-a-Box” kit or sign up for crop advisory services on a monthly or annual basis. Kheyti.com also earns revenue by connecting farmers with markets and buyers, taking a small commission on sales. They work to keep the costs low by partnering with local manufacturers to produce their products and leveraging tech to provide personalised crop advisory services at scale.

They also provide crop advisory services to farmers, offering personalised advice on crop selection, planting, and management. In total, The company has helped over 6,000 small farmers increase their incomes by an average of 300%. You call them small farmers, Kheyti calls them Smart farmers!

While there are other companies in India that offer similar solutions to small farmers, Kheyti stands out for its focus on sustainability, innovation, and community involvement. It works closely with farmers to develop tailored solutions that meet their needs while focusing on sustainable farming practices. Through its efforts, Kheyti has improved soil health, reduced water usage, and increased yields of various crops.

Looking ahead, Kheyti plans to expand its reach to more farmers in India and beyond and aims to continue developing new products and services that can help small farmers overcome the challenges they face. With its commitment to sustainability and innovation, The visionaries at Kheyti claim it has the potential to transform the agricultural sector and contribute to a more equitable future for all.

Imagine the joy and hope Kheyti brings to struggling farmers in India. With Kheyti’s help, over 6,000 small farmers have transformed their lives, becoming Smart farmers who handle challenges and succeed. With sustainable solutions, Kheyti is not only revolutionising agriculture but also spreading hope for a brighter future.

 

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Leher Versus Clubhouse: Which Audio Listening Startup Would You Choose?

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Clubhouse is a new type of social networking platform which is an audio only platform.  This means every conversation takes place through audio where users speak to let their thoughts known.  Users can create and host rooms where speakers will talk about a particular topic.  Originating in the Silicon Valley, Clubhouse attracted some major names onto its platform like Elon Musk, Evan Williams, Reddit co founder Alexis Ohanian, former Y Combinator President Sam Altman, AngelList co founder Naval Ravikant, Ashton Kuthcer, Oprah Winfrey, Drake, Kevin Hart and many others are some of the influential personalities who are on Clubhouse.  There is however a catch as Clubhouse is currently limited to iOS.

Leher is an Indian made alternative to Clubhouse and is a similar audio sharing and listening startup.  Leher also has video support unlike Clubhouse and is also available for both Android and iOS.  However, Leher does not have the biggest names in the world on its platform but it does have significant micro influencers and is growing at a rapid pace.  Within 180 days of its beta version launch, the company claimed to have its users spend about 44 minutes every day and 250,000 minutes per month for live video sessions.

We at Startup Stories are curious to see which among Leher or Clubhouse would our readers choose to take part in a virtual discussion.  Please let us know your answer in the poll below.

Which Audio Listening Startup Would You Choose?

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