Karthik Jagannathan, founder of WhatsApp automation startup Gallabox, shares market statistics regarding global SMS volume and revenue.
Opinion
Jagannathan: Blindly copying US capitalism in India will lead to disaster
“So I think in that sense, to blindly ape
To keep the West, or to any, or for that matter, the US economy, I think it's, it would just be a disaster waiting to hit us.
I think we need to blend it.”
Assertion Not checkable as stated
Jagannathan: India has 63M to 75M SMBs, with 20M ready for tech
“That number of SMBs in India is hovering between sixty-three million to about seventy-five million SMBs, right? And if you were to filter them down and build like a funnel of it, we see that about, you know, at least twenty million of them Are in a, in that pa…”
Opinion
Jagannathan: Call Centers Are Dead Because Consumers Do Not Answer Phones
“And call center calls are just unbelievable, right? I mean, as a business owner, I know that I don't have any more faith in it, because People don't answer phone calls anymore.”
Insight
Jagannathan: SMB owners treat company cash as personal money, driving extreme frugality
“I think the most important one is that I think I felt it is there is very little difference between company money and my money. It's not like a, you know, there are several line items that are competing for the cash. So, which means that that much more frugal,…”
Opinion
Jagannathan: WhatsApp serves as India's equivalent to China's WeChat
“So, in many ways, Siddhartha WhatsApp in India is the WeChat of China, right? To a large extent, because it's really where we today are conducting our lives, right?”
Insight
Jagannathan: India Is Not a Strong DIY Software Market
“India is really not a very strong do-it-yourself market.”