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The Silicon Review India

BIGO the Singapore Based Company Announces a $100 Million Investment in India

BIGO the Singapore Based Company Announces a $100 Million Investment in India

BIGO recently received a series D funding of $272 million. It is known for building a strong team of over 100 AI experts and engineers. Now this Singapore based company has announced that it will be investing over $100 million to expand its business in India. This news came through the social media platform. So in the next three years, we will see an expansion of 1,000 jobs in the country. A regional centre is said to take form by the end of this year and this is the right time to make a move for those tech professionals say experts.

The Chief Technology Officer of BIGO Technology, Jason Hu said that India is the second largest market for smartphones along with the growing infrastructure. He further said that India will act as a complementary centre to Singapore’s research and development centre. According to him, this step is first of its kind for BIGO. Hence, the company is looking for growth in the user base. It also has 40 patents in VoIP/ video related technology along with over 60 patents under the process of application. So, let’s see how BIGO will grow in the Indian market.

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