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12moGovt's $1 Bn Boost For Creator Economy
- The Indian government is set to launch a $1 billion fund to support the creator economy, announced by union minister Ashwini Vaishnaw.
- This fund aims to provide digital content creators with access to capital, skill development, and global market opportunities.
- The WAVES 2025 summit, scheduled from May 1 to 4 in Mumbai, will offer creators a platform to produce high-value content.
- This initiative comes amidst significant growth in the number of online shoppers in India, now exceeding 294 million, and over 4 million influencers.
- The fund is intended to enhance the capabilities of digital content creators and help them tap into international opportunities.
Source: Inc42
12mo ago
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