Now before I start to give my opinion on the Indian extension, I wish to convey the fact that I am definitely NOT trying to hype up the .IN scene to propagate my own portfolio or investments, which many people often believe when domainers make positive comments on certain extensions. Although I must say that I am the owner of a fair few nice .IN names, I feel that I am quite behind with .IN and therefore playing catch up on pretty much a daily basis now through hand regs and buying on reseller market, trying to build up a decent portfolio of .in at reasonable prices, before its too late. Many strong key (and clever) players have been in the .IN game for many many years, secretly trading amongst themselves and waiting for the explosion that is about to occur in the next few months.
I started investing in .IN a few years back but it has only been over the last couple of years, that I have realized the true potential in this amazing extension. Many years ago, I had initially thought that .in was only good for domain hacks, with quite a few companies all over the globe buying .in names primarily for that purpose ( many still do) and not even thinking about the traffic from India but I realized a couple of years ago that I was very wrong about .in and wished that I had got in much earlier and I think that the Chinese are also realising that now too.
I am sure you are all aware of the recent rapid momentum with NNN.ins & LLL.ins which are showing growth at an unprecedented speed, prices increasing on a daily basis. This shows the potential of .IN and also a precursor of what is going to happen in the coming months. And in a matter of speaking, I guess it is already starting to happen right now as we speak, with more and more end users buying .Ins and interesting being sparked all over India and globally too. After rapid increases in NNN.ins & LLL.ins sparked by the Chinese, then will come massive increases in sale prices of .IN keywords, which are already becoming hot property in India right now anyway.
The .IN extension is definitely the future of the Indian Webspace and the market is starting to move extremely fast at this moment in time, some very exciting times ahead! Not sure if you guys have been keeping up to date with the news, but over the last few months, there has been some very big news about the Indian webspace market. Flipkart, India’s largest e-commerce company, raised $6 Billion in total venture capitalists, and $1 Billion just last year and the company is now valued at $15 Billion. This funding figure matches facebook’s fundraising back in 2011 and makes it the third largest deal of its kind in the world!
Also during the same week last year, Amazon announced a $2 Billion investment in its India unit and has recently stated that India is the next ‘Trillion Dollar’ market, stating that the size of opportunity in India is so large it will be measured in trillions, not billions!
There are many excellent figures for India's internet entrepreneurs from the commitment and faith in India of the larger firms & global corporations. There have been many such multi-billion/million deals last year and this year seems just as exciting, if not more. There are also major rumors now that Walmart's entry into Indian e-commerce is very imminent! Things are starting to move extremely quickly over there and the market is about to mature to a completely new level guys! Just yesterday, the Prime Minister of India launched a $1.5 Billion fund for new startups. India truly is on the cusp of a digital revolution. Mobile phone subscriptions in the country have already passed the 1 Billion mark and these are now quickly being replaced by smartphones. This is pretty much a once in a lifetime moment, and the prime minister has stated that “the transformation occuring is on a scale that is, perhaps, unmatched in human history”.
The changing landscape in India is now moving at neck breaking speed. Internet access has rapidly expanded and the Reliance Group is due to make a move by summer of this year that will totally change everything in India, with EXTREMELY cheap access to 4G! Already mostly through mobile devices, Indians are now increasingly shifting daily activity online, like reading the newspaper, doing bank transactions and buying goods and services, from shoes to refrigerators etc…. Nowadays in India, billboards, text messages and emails bombard people every day with news of deep online-only discounts and special offers. By June, more Indians are expected to access the Internet on their cellphones — 371 million — than the entire population of the United States! And we are just talking about cellphone internet connections here, not even including the other initiatives in fixed line, fibre optic, cable connections etc…
Just this week, an indian firm just released a smartphone that is priced under 500 rupees, less than 5 USD (1% of the price of the latest Apple iPhone). The current median in India age is 27, nearly a full decade younger than in China!
I started investing in .IN a few years back but it has only been over the last couple of years, that I have realized the true potential in this amazing extension. Many years ago, I had initially thought that .in was only good for domain hacks, with quite a few companies all over the globe buying .in names primarily for that purpose ( many still do) and not even thinking about the traffic from India but I realized a couple of years ago that I was very wrong about .in and wished that I had got in much earlier and I think that the Chinese are also realising that now too.
I am sure you are all aware of the recent rapid momentum with NNN.ins & LLL.ins which are showing growth at an unprecedented speed, prices increasing on a daily basis. This shows the potential of .IN and also a precursor of what is going to happen in the coming months. And in a matter of speaking, I guess it is already starting to happen right now as we speak, with more and more end users buying .Ins and interesting being sparked all over India and globally too. After rapid increases in NNN.ins & LLL.ins sparked by the Chinese, then will come massive increases in sale prices of .IN keywords, which are already becoming hot property in India right now anyway.
The .IN extension is definitely the future of the Indian Webspace and the market is starting to move extremely fast at this moment in time, some very exciting times ahead! Not sure if you guys have been keeping up to date with the news, but over the last few months, there has been some very big news about the Indian webspace market. Flipkart, India’s largest e-commerce company, raised $6 Billion in total venture capitalists, and $1 Billion just last year and the company is now valued at $15 Billion. This funding figure matches facebook’s fundraising back in 2011 and makes it the third largest deal of its kind in the world!
Also during the same week last year, Amazon announced a $2 Billion investment in its India unit and has recently stated that India is the next ‘Trillion Dollar’ market, stating that the size of opportunity in India is so large it will be measured in trillions, not billions!
There are many excellent figures for India's internet entrepreneurs from the commitment and faith in India of the larger firms & global corporations. There have been many such multi-billion/million deals last year and this year seems just as exciting, if not more. There are also major rumors now that Walmart's entry into Indian e-commerce is very imminent! Things are starting to move extremely quickly over there and the market is about to mature to a completely new level guys! Just yesterday, the Prime Minister of India launched a $1.5 Billion fund for new startups. India truly is on the cusp of a digital revolution. Mobile phone subscriptions in the country have already passed the 1 Billion mark and these are now quickly being replaced by smartphones. This is pretty much a once in a lifetime moment, and the prime minister has stated that “the transformation occuring is on a scale that is, perhaps, unmatched in human history”.
The changing landscape in India is now moving at neck breaking speed. Internet access has rapidly expanded and the Reliance Group is due to make a move by summer of this year that will totally change everything in India, with EXTREMELY cheap access to 4G! Already mostly through mobile devices, Indians are now increasingly shifting daily activity online, like reading the newspaper, doing bank transactions and buying goods and services, from shoes to refrigerators etc…. Nowadays in India, billboards, text messages and emails bombard people every day with news of deep online-only discounts and special offers. By June, more Indians are expected to access the Internet on their cellphones — 371 million — than the entire population of the United States! And we are just talking about cellphone internet connections here, not even including the other initiatives in fixed line, fibre optic, cable connections etc…
Just this week, an indian firm just released a smartphone that is priced under 500 rupees, less than 5 USD (1% of the price of the latest Apple iPhone). The current median in India age is 27, nearly a full decade younger than in China!