Singapore-based BIGO Tech to invest $100 mn in India

New Delhi Singapore-based Internet company BIGO Technology on Monday announced that it would invest more than 100 million dollars for its business in India over a span of next three years.

By opening a regional centre in India, BIGO Technology is the first Singapore-based Internet company to step outside and become a growing local power. With over 40

patents in VoIP/Video related technology and over 60 patents are under the process of application, the company is one of the major firms globally in field of app development and publishing of apps.

BIGO CTO Jason HU said India being the second largest market for smartphones, the growing Internet infrastructure and the blooming young population are the three key points to make this decision.

Soon the company will start its regional centre in India and will be creating employment opportunities to more than 1000 tech professionals.

BIGO Technologies had recently received series D funding of 272 million dollars in June 2018. The company has built a strong team of over 100 AI experts and engineers to spearhead the global technological needs. The company follows customer centric approach and thus in order to safeguard its online users, it has developed one of the world’s strongest Artificial Intelligence backed up by a strong moderation model.

This system has not only been beneficial to BIGO Technology, but is also assisting various other countries to vigilante the content on the Internet. Policing of inappropriate content still remains the top priority for this Singapore’s giant.

About Absolute India

Powered by