Business & Investment

Bootstrapped AppyHigh has seen a 10-fold increase in users during a pandemic. Aim for 1 billion users by 2026

Appy High, a mobile internet technology company, said that during a pandemic, the number of monthly active users (MAUs) increased by a factor of 10 across the app ecosystem. Boot-strapped Indian startups have seen a significant increase in MAU against the backdrop of a growing trend of people to meet their everyday needs through a mobile-first platform for productivity and utilities, entertainment, content discovery and creation. bottom.

The company said in a release that it is building global products around the “digital hierarchy of needs” of smartphone users.

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AppyHigh’s app world has received more than 400 million downloads so far, with annual recurring revenue (ARR) of US $ 11 million (Rs. 8 billion).

Most of the demand is drawn from Burrat, where users are moving from personal computers to mobile-first or skipping the personal computer stage altogether on their digital journey.

According to industry reports, Indians spent an average of 4.8 hours (highest ever) on mobile apps in 2021.

Indians are known to spend 90% of their time on the Internet on their mobile phones, and pandemics make them even more dependent on the phone for their daily lives, including work, personal and social life.

“In the coming months, we will focus on user intimacy by delivering rapid innovation to the entire app ecosystem and targeting the next billion users by 2026. Building and scaling products that please our users is our journey of growth, “said Aneesh Rayancha, co-founder of Appy High.

The tech company attracts users primarily from India, and overseas markets such as the United States, Brazil, Mexico, Indonesia and the United Kingdom contribute a significant 20% to its business.

“Creating a product ecosystem that is intuitive to the needs of users, creators and app publishers presents significant market opportunities. In our journey to serve one billion users, we Is building products and infrastructure that facilitates a more creative, collaborative and user-centric Internet through Web 3.0.



Bootstrapped AppyHigh has seen a 10-fold increase in users during a pandemic. Aim for 1 billion users by 2026

https://www.zeebiz.com/small-business/news-bootstrapped-appyhigh-sees-10-fold-jump-in-users-during-pandemic-aims-1-billion-users-by-2026-172477 Bootstrapped AppyHigh has seen a 10-fold increase in users during a pandemic. Aim for 1 billion users by 2026

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