Mavin launches Gigato app to reduce Internet access costs

Image
Press Trust of India New Delhi
Last Updated : Jul 30 2015 | 2:13 PM IST
The US-based Mavin Inc today launched Gigato, a data sponsoring application that reimburses users for data spent on partner apps, a move that will make surfing cheaper.
The data reimbursed by Gigato can be spent by smartphone users on any application or website. The app is available for pre-paid consumers on Android devices across all operators and networks.
The Silicon Valley-based mobile startup is founded by Shailesh Nalawadi, a former Google official and Raina Kumra, who has worked with the US Federal Reserve.
Explaining the new app Nalawadi said: "Gigato is focused on bringing down the cost of data in emerging markets such as India by allowing app developers to sponsor the data for their end users."
He further said, "through Gigato, companies can reward consumers with free data packs for using their apps."
"We are targeting only prepaid smartphone users in India because they have to pay high prices for mobile data... Our aim is to create a mobile Internet for these users where they no longer have to ration data," Kumra said.
At present, there is a USD 2.5 billion opportunity to provide connectivity to smartphones that have data disabled.
On company's plan, Nalawadi said "after the success in India, we will target other emerging markets.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 30 2015 | 2:13 PM IST

Next Story