• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Sunday, October 26, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Companies

Internet Economy is Poised to Become $1 Tn by 2030: RedSeer

by Economy India
February 10, 2022
Reading Time: 2 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

According to reports as India’s internet economy, which surged ahead with over 50% year-on-year growth in 2021, is poised to be a staggering $1 trillion economy by 2030, as per findings released by RedSeer on Thursday.

This healthy expansion was being fueled by a rapidly increasing internet penetration rate, high-speed internet access, and increased online shopping and digital content consumption, the report said.

ADVERTISEMENT

CEO and founder of RedSeer, Anil Kumar said: “India’s journey to a $1 trillion consumer internet economy will be a unique story of multiple internet sectors such as e-tailing, e-Health, FoodTech, Online Mobility, and Quick Commerce, coming together to create a strong foundation for a consumption-led economy.”

According to the Redseer report, the country’s population is extremely heterogeneous, and the needs of one segment in the population may differ from that of the other segments. This being the case, the report broadly classified India’s digital consumer base under the following three cohorts:

The first is the quasi first-world of 80-100 million, who draw an annual income of over $12,000, live typically in metropolitan areas, and expect high-quality services.

The second cohort includes those who essentially draw an annual income of $5000 to $12,000, and are aspirational and budget-conscious. The estimated digital population of this segment is 100-200 million, the report said.

The third category comprises a population of 400-500 million from rural areas and tier-2 cities who primarily draw an annual income <$5000, and is perhaps the most difficult cohort to reach, and need digital intervention to help them solve their problems.

Key internet economies, namely e-tail, eHealth, FoodTech, Online Mobility, and Billpay and Recharge experienced a downward spiral initially during Covid, but re-emerged much stronger and shocked the markets with commendable post-pandemic recovery, the report said.

Redseer also observed that global investors were increasingly recognising India’s golden opportunity in the Internet economy without a second thought. In calendar 2021 alone, 42 unicorns in the country attracted $40 billion in funding.“Further, we expect another 70 plus tech IPOs by 2025. This surge in tech IPOs is fueled by accelerated digitisation, government initiatives for startups, increasing local investors with high equity, and private equity funding in tech companies,’‘ the report said. (The Hindu)

CSR Leadership Summit
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: Anil KumarInternet EconomyRedSeer
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

HUDCO Signs ₹5,000 Crore MoU with JNPA to Boost Port Infrastructure Development
Companies

HUDCO Signs ₹5,000 Crore MoU with JNPA to Boost Port Infrastructure Development

October 25, 2025
Ola CEO Bhavish Aggarwal Booked for Abetment of Suicide: Engineer’s Death Sparks Major Controversy
Automotive

Ola CEO Bhavish Aggarwal Booked for Abetment of Suicide: Engineer’s Death Sparks Major Controversy

October 24, 2025
Reimagining PSU HR for a Multigenerational, AI-Driven Workforce in Viksit Bharat @ 2047
Companies

People, Purpose, and Progress: Reimagining PSU HR for a Multigenerational, AI-Driven Workforce in Viksit Bharat @ 2047

October 12, 2025
D-Mart Reports ₹746 Crore Profit in Q2 FY25; Revenue Rises 15% to ₹16,219 Crore
Companies

D-Mart Reports ₹746 Crore Profit in Q2 FY25; Revenue Rises 15% to ₹16,219 Crore

October 11, 2025
Sahara Seeks Supreme Court Nod to Sell 88 Properties to Adani Group; Proceeds to Repay ₹24,030 Crore Investor Dues
Companies

Sahara Seeks Supreme Court Nod to Sell 88 Properties to Adani Group; Proceeds to Repay ₹24,030 Crore Investor Dues

September 29, 2025
Reliance Consumer Products Signs ₹40,000 Crore MoU with Government to Build Integrated Food Manufacturing Facilities Across India
Companies

Reliance Consumer Products Signs ₹40,000 Crore MoU with Government to Build Integrated Food Manufacturing Facilities Across India

September 26, 2025
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

RBI to Soon Come Out With Digital Lending Guidelines: DG Rajeshwar Rao

16th CSR Leadership Summit 2025
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT

LATEST NEWS

SBI to Hire 3,500 Officers Over the Next Five Months

Trump Dances on Red Carpet in Malaysia, Brokers Historic Peace Accord Between Thailand and Cambodia

Midcap Funds Outshine: 10-Year SIP Returns Average 17.4%, Beating Smallcap and Largecap Indices

India Dominates Forbes Asia’s ‘100 Startups to Watch’ List 2025: 18 Indian Firms Among Asia’s Most Promising Innovators

JDU Expels 11 Senior Leaders for Anti-Party Activities: Former Minister and MLAs Among Those Ousted

UP CM Yogi Adityanath Meets PM Modi in New Delhi, Discusses State’s Development Agenda

Odisha Approves ₹1.46 Lakh Crore Investment Across 33 Projects, Including Adani’s Coal-to-Chemical Venture

Pakistan’s Total Public Debt Crosses $286 Billion in FY2024-25, Rising 13% Year-on-Year

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved