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Home / News / Business News / Anand Mahindra proposes to fund an Indian alternative to Facebook
  • Business

    Anand Mahindra proposes to fund an Indian alternative to Facebook

    Mudit Dube
    Written by
    Mudit Dube
    Twitter
    Last updated on Mar 27, 2018, 11:01 pm
    Anand Mahindra proposes to fund an Indian alternative to Facebook
  • With the Cambridge Analytica-Facebook scandal now spiralling into India as a BJP-Congress political row, billionaire businessman Anand Mahindra took to Twitter to weigh in on his idea of creating an Indian alternative to social networking giant, Facebook.

    Mahindra Group chief Anand also proposed to offer seed capital to any Indian social media start-up that can create and manage a homegrown version of Facebook.

  • In this article
    Anand Mahindra muses about an Indian version of Facebook India's IT minister praises Anand Mahindra's idea Anand Mahindra has weighed in on such projects before also
  • Twitter Post

    Anand Mahindra muses about an Indian version of Facebook

  • Beginning to wonder if it’s time to consider having our own social networking company that is very widely ownedprofessionally managedwillingly regulated.Any relevant Indian start-ups out there?If any young teams have such plans I’d like to see if I can assist with seed capital pic.twitter.com/nBSkQk0hCp

    — anand mahindra (@anandmahindra) March 26, 2018
  • Twitter Post

    India's IT minister praises Anand Mahindra's idea

  • Wonderful idea my good friend @anandmahindra. Fervently hope to see you taking the lead. https://t.co/6pXps0o9AE

    — Ravi Shankar Prasad (@rsprasad) March 27, 2018
  • Novel ideas

    Anand Mahindra has weighed in on such projects before also

    Anand Mahindra has weighed in on such projects before also
  • Flooded with idea and suggestions, Anand Mahindra has invited his colleague Jasprit Bindra, Senior Vice President- Digital Transformation at Mahindra Group of Companies, 'to work him on this exploration'.

    Notably, this isn't the first time Mr. Mahindra ventured into such projects. Just last month, he suggested to crowdfund an iconic building in Mumbai and turn it into a performance venue for budding artists.

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