December 1, 2025
Investing in the Digitization of India
INQQ aims to track India's internet and e-commerce sectors. As the fifth-largest economy in the world, the most populous, and the fastest-growing major economy, India stands on the cusp of a digital golden age that will profoundly transform the world’s largest democracy. We believe INQQ isolates the most exciting part of this incredible consumer story and the leading force behind India’s rapid economic rise.
5 Reasons to Invest in India’s Rise
- Biggest + Youngest Population in the world, median age of 27.6
- Fastest Growing Major Economy, GDP to increase ~6% through 2025
- Swelling Middle-Class rapidly adopting digital consumption
- Soaring Internet Adoption, first-time access via smartphones
- Largest democracy in the world, facilitating online growth
INQQ = The India Internet Opportunity
The India Internet Index tracks the growth of online consumption and the internet economy in India, covering over 25 companies operating in the country. Its constituents are from a wide variety of sectors and are modified market cap-weighted. The index is rebalanced in June and December.
Industry Breakdown
- E-COMMERCE36.28%
- FINTECH35.34%
- CLASSIFIEDS7.40%
- TRAVEL TECH6.32%
- COMMUNICATION SOFTWARE5.50%
- ADTECH5.09%
- GAMING2.81%
- RIDE HAILING1.86%
Country Weighting
India 100%

*Companies must derive >50% of their revenue from India to be eligible for inclusion
INQQ Company Spotlights
ETERNAL
The DoorDash of India, Eternal (formerly Zomato) is a restaurant aggregator & food delivery company.
NYKAA
The Sephora of India, Nykaa, is an e-commerce company focused on beauty, wellness, and fashion.
PAYTM
The Paypal of India, Paytm is a fintech company, focused on digital payments & financial services.
MAKEMYTRIP
The Expedia of India, MakeMyTrip is an online travel company.
India Tech Investment News
Our Investment Strategies
We provide investors exposure to the rise of the smartphone-enabled emerging markets consumer. Our strategies capture the Great Confluence of 3 mega trends: a swelling middle class producing 6 billion new consumers, first-ever access to smartphones, and first-ever access to internet via mobile. Through three strategies, investors can tailor their exposure to what McKinsey & Co. call the “biggest growth opportunity in the history of capitalism.”