Consumer Internet and mobile technologies are fundamentally transforming how people connect, share ideas, and do business. They shrink geographic boundaries and expand people’s horizons. They enable people to make more informed decisions, take action on issues that matter to them, and make the most of opportunities to improve their lives. And most importantly, they do all of this efficiently and at massive scale.
We realize that Internet connectivity is essential for individuals to take advantage of these empowering technologies. Despite the explosive growth of the mobile phone, many people still lack access to the Internet. In these instances, we tailor our strategy specifically to these challenges.
India is currently in the midst of abundant change, with an estimated 500 million Indians – the next half billion (NHB) – expected to come online via their mobile phones. We support entrepreneurs who serve the NHB, an underserved population segment historically excluded from a range of basic services, and those who are working to remove the barriers to coming online.
We also invest in entrepreneurs who are developing innovative solutions that enable meaningful peer-to-peer interaction, provide efficient access to life-enhancing products and services, and facilitate the availability and exchange of trustworthy information.