Oxigen Services India Pvt Ltd

Oxigen Enters into a Strategic Relationship with Microsoft
New Delhi, Delhi, India, Wednesday, January 23, 2008

Oxigen Services India Pvt Ltd, an IT enabled multi services platform and distributor of Recharges, Prepaid subscriptions and Bill payments, announced today that Microsoft Corp. has acquired an equity stake in Oxigen.

This collaboration is part of Microsoft’s Unlimited Potential Groups commitment to help close the digital divide by creating new products and programs that will help bring social and economic opportunity to people who are not yet realizing the benefits of technology.

E-Commerce India 2008 | Hyatt Regency Mumbai|

21st & 22nd January 2008

Oxigen Services India Pvt Ltd. - Silver Sponsor

A presentation on ‘Challenges of delivering services seamlessly using e-commerce in an unbanked environment’ at 12.45 PM on 21st January 2008, by

Mr. Sunil Kulkarni President - Corporate
Oxigen Services India Pvt. Ltd

India is more than a billion people economy, mostly unbanked. With less than 20 million internet subscribers, all e-commerce initiatives are restricted to mostly banked and urban environment, with marginal relevance to masses. Mobile telephony has brought great opportunity to provide service fulfillment in a sub-urban & rural environment. The challenge is that still more than 70% of these 230 million mobile subscribers do not even have a bank account and deal primarily in cash. Next 300 million mobile subscribers in India will come mainly from this unbanked segment.