Home > Entrepreneurship, India, Technology > India: where are the information services?

India: where are the information services?

In the US, I was on a team that invested in data centric businesses like Verid (acquired by RSA/EMC), Prosper.com, Cortera, and Asset Control.  When I moved to India, I brought along a fervent interest in information centric businesses.   Some examples of success stories in this sector are:

  • Credit bureaus: Experian and TRW
  • Corporate information services: Dun & Bradstreet and Hoovers
  • Ratings agencies: Moody’s and Morningstar
  • News and pricing services: Reuters and Bloomberg

Over the past three years, I have come to realize that the information services sector in India is still very young to say the least.  The only established models are a couple of ratings bureaus (CRISIL and the new entrant, Highmark) and rudimentary pricing/news services for financial investors.

It is hard to imagine that the entire $1.3 Trillion Indian economy is supported by less than $200M worth of information services (by my estimate which includes the $140M of CRISIL revenues and the Indian components of global information providers).

As we look at the prospects of a $5 Trillion economy  in India over the next ten years, this anomaly surely has to correct itself.

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  1. Mohammad Chowdhury
    May 3, 2011 at 2:20 am

    Hi Shyam

    Just discovered your blog – good to see it and I look forward to following your thoughts and journeys.

    Best wishes
    Mohammad

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