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Currently, Google charges a hefty fees of 11-26% from every in-app purchases that users make.
According to CEO of Matrimony, “Google should not be left unchecked as it is a real threat to Indian digital startups. What has annoyed Indian startups is that we cannot pay 11-26% commissions to Google and still run a profitable business. Then, there is the issue of the Indian government losing revenue because the entire tranche of the money goes to Google. These are the real issues facing digital startups”.
#google #anupammittal #business #money #startup #entrepreneurship #company #enterprise #indianstartups #india #funding #unicorn #investing #founder #wealth #motivation #businessideas #success #government #android #ios
Date: April 25, 2023
It's all business ๐
when will govt decide to control google we are โ of world theie biggest market… ay b india shud hv its own google…
This is the tip of the iceberg… you should see their monopolistic policies in the advertising space
Google and Apple are the same…
Wait until the epic app store comes.. there will be destruction
It is a usual thing for famous businesses to charge fee, at last they didn't start their business for charity they also have to earn, how is google a culprit here if startups can't create something with good margin, moreover if startups are using google's brand name and platform to sell their items they need to pay the cost google burnt to create their brand name
In similar way Amazon flipkart mantra everyone charges the fees, and once these startups get to a good level they themselves will charge hefty fees for advertisements and other things so it is in no way wrong
Ee hi hua hain Europe main Apple ke sath we should file a class action law suite too as people of India
We are still under the colonizers ๐ฉ
Android studio and Android SDK are free. Why don't you state that.
What you talk about those start ups which failed most times?