BIGO announces $100 million investment in India

New Delhi: Singapore-based social media platform BIGO Technology on Monday announced an investment of over $100 million to expand its business in India in the next three years, creating nearly 1,000 jobs.

As part of the investment, the internet company will start a regional centre by the end of this year in the country that will create employment opportunities for more than 1,000 tech professionals.

According to Jason Hu, Chief Technology Officer, BIGO Technology, as India is the second-largest market for smartphones amid growing internet infrastructure and has a huge young population, the company has taken the decision.