'Next Half Billion' investment is unique to India: Omidyar's Roopa Kudva

'Our first cheques have ranged from $500,000 to $5 million,' said the MD of Omidyar's India operations

Sudipto Dey 

Philanthropic investment firm Omidyar Network announced six investments in the first four months of 2018 in start-ups that help first-time internet users to go online via their mobile phones – a population often referred to as the “Next Half Billion”(NHB).

Roopa Kudva, partner and managing director, Omidyar Network India, explains to Sudipto Dey the firm’s investment philosophy in targeting the next 500 million internet users and the business opportunities this could throw up. Edited excerpts from the interaction: How has the progress been in identifying ...

First Published: Fri, May 04 2018. 09:36 IST