April 22: Singapore-based BIGO Technology will pump in over US$100 million for its business in India over a span of three years.
BIGO, which had opened a regional centre in India, is the first Singapore-based Internet company to step outside and become a growing local power. With over 57 patents in VoIP/Video related technology and over 356 patents are under the process of application, BIGO Technology is one of the major companies globally in field of app development and publishing of apps.
According to a news source, BIGO Technology believes that India, which is the second largest market for smartphones, has growing Internet infrastructure and a blooming young population and these factors would help in its foray here.
The company is expected to start its regional centre in India soon and will be creating employment opportunities to more than 1000 tech professionals. As per BIGO, India has a strong culturally driven and diversified population. One needs to get them embedded into the roots and makes their offerings acceptable by the people. This is why BIGO Technology is coming up with their own facility in India, it added.
BIGO Technology has built a strong team of over 100 AI experts and engineers to spearhead its 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. By opening this centre BIGO Technology is expected to add pace to the growth of the Indian economy and it would offer locally adapted products.
BIGO will also open two more regional research centres – one in the US and another one in MENA-Europe region, by the end of this year.