India's internet economy likely to reach $1 trillion by 2030: Report

India's internet economy is surging by over 50% year over year and may reach $1 trillion by 2030, a report by consulting firm RedSeer said. The internet economy includes sectors like e-tailing, e-health, food tech, online mobility and quick commerce. ''In just 2021, more than $40 billion of funding and 42 new unicorns were born,'' RedSeer CEO Anil Kumar said.