7 Key Moments Defining Meta India’s 2023

CCI alleged infringement of user privacy, sharing users’ data with Facebook, and examining WhatsApp’s abuse of dominance.

CCI’s Whatsapp Probe

Director & Head Of Partnerships, Meta India, Manish Chopra, quit the company. While 4 others were fired.

Leadership Exodus

An estimate of 300-400 employees were laid off in 2023.

Layoffs

Meta’s newest offering Threads, a direct competition to X (Twitter) struggled to retain users.

Threads Struggling

Meta launched its subscription offering in India, Meta Verified. Meta also had several new launches for merchants & customers.

New Products For Creators and Merchants

Meta collaborated with the Indian government to mentor Indian Startups.

The India Push

Meta India had a strong FY23 financial performance, reporting a gross advertisement revenue of INR 18,308 Cr.

Financials

2023-Year-In-review: Meta In India

Meta’s Bittersweet Year In India