November 23, 2024

PhonePe Launches Indus Appstore: A Revolutionary Step in India’s Digital Landscape

PhonePe Launches Indus Appstore

PhonePe Launches Indus Appstore

New Delhi: PhonePe has unveiled Indus Appstore, an unprecedented initiative aimed at revolutionizing India’s digital app ecosystem. The launch event, held at Bharat Mandapam in New Delhi, saw the presence of several startup founders and tech industry leaders, highlighting the importance of this milestone for India’s growing digital economy.

Indus Appstore, available to consumers, provides access to over 2 lakh mobile apps and games spanning 45 categories. What sets it apart is its focus on localization, featuring app search in 12 Indian languages, which caters to 95% of language preferences among Indian users. Additionally, the platform introduces a novel short-video-based search feature, which enhances the app exploration experience for consumers.

To promote fair competition, Indus Appstore allows unprecedented flexibility to app developers by allowing the use of any third-party payment gateway for in-app billing without charging any commission. Additionally, developers have been given a waiver on app listing fees for the first year till April 1, 2025, incentivizing their participation in the platform.

The timing of the launch of Indus AppStore coincides with growing calls from India’s startup ecosystem for increased competition in the mobile app store domain. PhonePe CEO and Founder Sameer Nigam emphasized the role of the App Store in fostering a more democratic and vibrant digital ecosystem, challenging existing norms and promoting inclusivity.

Indus Appstore is now available for download at https://www.indusappstore.com

About Indus Appstore:

Indus Appstore is a native Android-based mobile app store designed to meet the local and cultural preferences of Indian consumers. With a wide variety of categories, it aims to provide users a personalized experience while ensuring accessibility in English and 12 Indian languages.

For developers, Indus Appstore provides a platform to list, distribute and promote their products within the Indian app ecosystem. Along with self-publishing capabilities, it offers localization services, performance monitoring tools, and dedicated customer support.

For media enquiries: media@indusappstore.com

https://www.indusappstore.com

About PhonePe:

PhonePe Group is India’s leading fintech company, best known for its flagship product, the PhonePe digital payments app. With over 510 million registered users and a network of 38 million merchants, PhonePe drives over 220 million daily transactions, reflecting its dominant position in the consumer payments landscape.

Apart from digital payments, the PhonePe group has diversified into financial services and consumer tech ventures, including hyperlocal e-commerce through pincodes and localization-focused Indus Appstore. With a commitment to empowering every Indian through financial access and technological innovation, PhonePe Group is driving progress and inclusivity.

For media enquiries: media@phonepe.com

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