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Archive for April 2015

Frugal Innovation (Jugaad) & Indian E-Commerce

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Last week, I spoke in New Delhi at The Growth Net.  My panel on “frugal innovation: technology for those living on less than $2/day” had Sanjay Kapoor and Nandan Nilekani, both of whom have had remarkable careers building technologies that have touched billions (literally).  Here is an interview I gave with Boom Live after the panel which talks about the future of Indian e-commerce (e.g. Snapdeal at $5 billion valuation could be cheap) as well as the way I think about frugal innovation (e.g. using tree stumps as cricket wickets in India is just the beginning of frugal innovation – and companies like Uber could touch those in the middle class and lower class more than we think).

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Written by sheeltyle

April 4, 2015 at 3:09 pm