Back

K

Phย โ€ขย 11m

India is our fifth largest market; one of the fastest growing: Melanie Perkins, CEO, Canva India will be a big focus market for the $26 billion Sydney-based design software solutions startup Canva, cofounder and chief executive Melanie Perkins told ET. With annual revenue of $2.3 billion, Canva competes with the likes of Adobe and Figma. Perkins said the company is looking to build a local team in India, which has emerged as its fifth largest market with 240,000 users. Speaking to ET on the sidelines of Canva Create, the companyโ€™s annual event in Los Angeles, Perkins said she believes that the growing creator economy in India will open up a massive business opportunity for the firm there. Edited excerpts:

0 replies2 likes

More like this

Recommendations from Medial

Mahendra Lochhab

Content creatorย โ€ขย 5m

The packaging industry in India is the fifth largest sector in the country's economy and is growing at a compound annual growth rate (CAGR) of 22โ€“25%.

0 replies4 likes
Image Description
Image Description

Shuvodip Ray

ย โ€ขย 

YouTubeย โ€ขย 11m

Canva, the online design platform, was founded by Melanie Perkins, along with her co-founders Cliff Obrecht and Cameron Adams, in 2013. The idea for Canva was born out of a personal observation by Perkins of the complexities involved in using traditi

See More
3 replies12 likes
1

Mahendra Lochhab

Content creatorย โ€ขย 5m

India is the second largest smartphone market in the world by annual shipping volume, after China. In 2022, India had a smartphone penetration of 46.5%.

0 replies2 likes
1
Image Description
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 7m

India's metro network is the fifth-largest in the world, and is expected to become the third-largest soon.

2 replies16 likes
1

Comet

#uiux designer #free...ย โ€ขย 4m

Todayโ€™s Real-Life Success Story๐Ÿ‘‡ The Rise of Canva: Melanie Perkinsโ€™ Journey Melanie Perkins, CEO of Canva, turned a simple idea into a $25 billion success. Growing up in Perth, Australia, she noticed how her classmates struggled with complex desig

See More
0 replies13 likes
3

Mahendra Lochhab

Content creatorย โ€ขย 4m

India is the third largest alcoholic beverage market globally.

0 replies1 like

Mahendra Lochhab

Content creatorย โ€ขย 6m

India is the world's third largest mobile app user market.

0 replies4 likes
Image Description
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 5m

India is the tenth largest life insurance market in the world and the second largest in emerging markets. LIC holds 60% of the market share in terms of premiums.

3 replies2 likes
Image Description
Image Description

Mahendra Lochhab

Content creatorย โ€ขย 7m

India's smartwatch market has been growing rapidly, becoming the world's largest in 2022. The market is expected to grow at a compound annual growth rate of 64.7% from 2023 to 2029, reaching $120.9 billion by 2032.

8 replies13 likes
1

Mahendra Lochhab

Content creatorย โ€ขย 2m

India is the second-largest consumer and producer of leather footwear. India is the second-largest exporter of leather garments.

0 replies1 like

Download the medial app to read full posts, comements and news.