As global trade becomes increasingly protectionist, New Zealand’s tech sector faces a welcome anomaly for now: digital exports are tariff-free.
Unlike goods, software and digital services still move relatively freely across borders, and nowhere is this opportunity greater than in India—a vast, fast-growing market hungry for innovation.
The story of Valocity Global, founded by Auckland-based serial entrepreneur Carmen Vicelich, is a masterclass in how Kiwi tech companies can thrive in India which with its 1.4 billion people, youthful demographics (over 50% under 28), and ambitious “housing for all” and financial inclusion policies, is digitising at speed.
Valocity Global now offers services to 20 banks in India, streamlining the process of valuing property with an app-based system that replaces manual and time-consuming valuation processes. Carmen joins me on episode 94 of The Business of Tech to explain how Valocity cracked the indian market, and how other Kiwi digital exporters can do the same.
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