SUMMARY
The foundation will act as a liaison between government and regulatory agencies and protect “freedom of choice” for domestic internet companies
ADIF comprises startup founders and chief executives such as Murugavel Janakiraman of Bharat Matrimony, Snehil Khanor of TrulyMadly, Dr Ritesh Mallik of Innov8 Coworking and Sairee Chahal of SHEROES, among others
Initial murmurs about India’s internet startups forming a coalition against big tech companies began in October last year
Inc42 Daily Brief
Stay Ahead With Daily News & Analysis on India’s Tech & Startup Economy
Worried about India’s growing tech and internet ecosystem being monopolised by global big tech companies such as Google, Amazon, Facebook, Apple and Microsoft, several Indian startups have formed an industry association, named the Atmanirbhar Digital India Foundation (ADIF).
ADIF will act as a liaison between government and regulatory agencies and protect “freedom of choice” for domestic internet companies.
The association comprises startup founders and chief executives such as Murugavel Janakiraman of Bharat Matrimony, Snehil Khanor of TrulyMadly, Dr Ritesh Mallik of Innov8 Coworking, Sairee Chahal of SHEROES, Ajay Data of Data Group, Anand Lunia of India Quotient, Amit Sinha of Unnati and Shailesh Vikram Singh of Massive Fund, among others.
“This association is committed to building an open, fair, neutral and self-reliant technology ecosystem that promotes a level playing field for Indian companies,” ADIF said in a statement.
Initial murmurs about India’s internet startups banding together to form a coalition against big tech companies, came in October last year, in the wake of Google announcing that it would charge Indian app-makers a 30% commission on in-app purchases for digital goods.
Google had initially set the date of enforcement of the new policy from October this year but later postponed it to April 2022.
In the wake of the announcement, Paytm CEO Vijay Shekhar Sharma, while launching a Paytm Mini App Store, compared Google to a toll tax collector, and stressed on the need for an Indian app store.
“Our aim is to represent Indian technology companies to help them in building a sustainable and conducive business environment,” said Ajay Data, the secretary-general for ADIF. “We believe it’s high time all Indian technology companies come together to safeguard the larger interests of the sector and work towards creating a level playing field.”
The core objective of the association is to be the representative body for the Indian startup ecosystem, voicing their concerns to the government and regulatory bodies and playing a role in shaping the policy framework for the sector.
According to Zauba Corp, ADIF was incorporated in Delhi in September last year, with Amit Sinha and Ritesh Malik listed as its directors.
Note: We at Inc42 take our ethics very seriously. More information about it can be found here.