hometechnology NewsPhonePe's Indus Appstore could launch in India by March, says co founder Akash Dongre

PhonePe's Indus Appstore could launch in India by March, says co-founder Akash Dongre

PhonePe's Indus Appstore plans to disrupt the Google Play monopoly by catering to India's 1 billion smartphone users, particularly in regional languages. Expected to launch by March 2024, it aims to empower users and developers alike.

By Pihu Yadav  Jan 18, 2024 6:28:27 PM IST (Published)

4 Min Read

The number of smartphone users in India is expected to exceed a billion by 2023. It is anticipated that by 2040, India will have 1.55 billion smartphone users, according to research firm Statista.
However, most smartphone users in India hail from Tier-II cities or lower in India and prefer to access the internet in their regional languages. The Indian language internet user base has grown from 42 million in 2011 to 536 million by 2021. According to Ken's research findings, 9 out of every 10 new internet users in India are likely to be non-English speakers.
To cater to this growing segment, PhonePe announced the Indus Appstore, a homegrown Android-based mobile app store, which gives developers the option to list their apps in 12 Indian languages besides English.