The social network giant Facebook doled out $21 million to Indian app developers under the Fb-Start initiative On 11 August . With an aim to attract next billion of Internet users getting close to social networking, last year Facebook launched Fb-Start an initiative to promote and help new mobile app-developers around the world. The 2 Indian entrants Hyderabad based Samosa and Delhi’s Card-back received the $21 billion under this initiative.
Facts:
- The Hyderabad based Samosa had developed an app that offers a curated collection of clips from popular movies that people can share with friends.
- The Delhi- based Card-back developed an app that helps to the cardholders and wallet users identify the best ways to pay and maximise their rewards and savings for every transaction they make.
- Facebook provides software and tools worth $80,000 and $30,000 respectively to the app-developers. FbStart was organised in Hong Kong, South Korea, Taiwan and India in Asia-Pacific region.
- Facebook has more than 1,000 members as part of Fb-Start programme in Asia.
Facebook awarded 21 million US dollar to Indian app developers
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