The Size Of Indian Web2 0 Industry
According to a report, Indian (focused) Web2.0 sites together have a combined user base of 1.5 million.
Assuming an average of 10 pageviews per user (a random guess) at 1$ CPM (5$ for an American user parity adjusted), the Indian Web2.0 industry generates a not-so-whooping 15,000$ per month combined.
At 10X revenues, the entire industry would be valued at an abysmal $1.8mn.