0:00:01.032,0:00:02.562 Look all around you. 0:00:02.586,0:00:08.286 Whether you're in a subway, a park,[br]an airport, a restaurant, 0:00:08.310,0:00:10.029 even at this conference, 0:00:10.053,0:00:13.441 all of you have a phone in your hands[br]or maybe in your pockets. 0:00:13.465,0:00:15.291 How many of you have a book? 0:00:15.315,0:00:16.465 Very few, right? 0:00:17.069,0:00:18.946 This is the sight that used to greet me 0:00:18.970,0:00:21.077 every time I walked out[br]of my office block. 0:00:21.101,0:00:24.752 I was surrounded by a sea[br]of 20-something professionals 0:00:24.776,0:00:26.243 glued to their phones. 0:00:26.560,0:00:29.038 And not a single one[br]had a book in their hands. 0:00:29.600,0:00:32.195 And this used to make me[br]very, very frustrated. 0:00:32.505,0:00:34.671 I was a bookworm all my life. 0:00:34.695,0:00:37.403 Books formed the milestones of my life. 0:00:37.427,0:00:40.474 The first man I fell[br]in love with was Mr. Darcy. 0:00:40.990,0:00:46.080 I first read "Harry Potter" when I was 21,[br]on a summer break from college. 0:00:46.601,0:00:50.990 And I remember the first night I spent[br]in a little flat I bought in my mid-20s, 0:00:51.014,0:00:52.426 very proudly, 0:00:52.450,0:00:55.355 and I spent the whole night[br]reading "The Da Vinci Code." 0:00:55.379,0:00:57.688 And then I'm going to make[br]a terrible confession: 0:00:57.712,0:01:01.391 even today, when I'm low,[br]I get into bed with "War and Peace." 0:01:01.415,0:01:02.565 Don't laugh. 0:01:02.589,0:01:03.620 (Laughter) 0:01:04.030,0:01:07.331 But I was also like all those[br]people I saw around me: 0:01:07.355,0:01:09.029 I, too, lived on my phone. 0:01:09.053,0:01:11.537 I ordered my groceries online, 0:01:11.561,0:01:15.695 and soon my app knew[br]that I needed a monthly dose of diapers. 0:01:16.339,0:01:19.220 I booked my cinemas on my phone. 0:01:19.244,0:01:21.913 I booked planes on my phone. 0:01:21.937,0:01:26.326 And when I did the long commute back home[br]like most urban Indians, 0:01:26.350,0:01:28.143 and was stuck in traffic, 0:01:28.167,0:01:32.057 I passed the time on WhatsApp,[br]video-chatting my twin. 0:01:33.437,0:01:37.803 I was part of an extraordinary revolution[br]that was happening in India. 0:01:37.827,0:01:41.957 Indians are the second-largest[br]users of smartphones in the world. 0:01:42.466,0:01:46.323 And data prices have been[br]slashed so radically 0:01:46.347,0:01:50.045 that half of urban India[br]and even a part of rural India 0:01:50.069,0:01:53.347 now have a smartphone[br]with a data connection in their hands. 0:01:53.371,0:01:55.204 And if you know anything about India, 0:01:55.228,0:01:58.554 you'll know that "half" means,[br]like, all of America or something. 0:01:58.578,0:02:00.125 You know, it's large numbers. 0:02:00.149,0:02:01.299 (Laughter) 0:02:02.220,0:02:04.998 And these numbers are just growing[br]and growing and growing. 0:02:05.022,0:02:06.204 They're exploding. 0:02:06.228,0:02:08.300 And what they're doing[br]is empowering Indians 0:02:08.324,0:02:10.782 in all kinds of extraordinary ways. 0:02:10.806,0:02:14.244 And yet, none of these changes[br]that I was seeing around me 0:02:14.268,0:02:17.174 were reflected in my world,[br]my world of books. 0:02:18.006,0:02:21.101 I live in a country the size of Europe, 0:02:21.125,0:02:23.594 and it only has 50 decent bookshops. 0:02:24.053,0:02:27.290 And Indians just didn't seem[br]to want to read for fun. 0:02:27.314,0:02:29.825 So if you look at all[br]the best-seller lists in India, 0:02:29.849,0:02:32.070 what you'll always find[br]in the best-seller list 0:02:32.094,0:02:33.909 is exam and professional guides. 0:02:33.933,0:02:37.928 Imagine if you found the SAT guides[br]as the "New York Times" number one seller, 0:02:37.953,0:02:39.417 month after month. 0:02:41.659,0:02:46.459 And yet, the smartphone revolution[br]was creating readers and writers 0:02:46.484,0:02:48.229 of a different kind. 0:02:48.254,0:02:51.095 Whether it was on Facebook or WhatsApp, 0:02:51.119,0:02:55.960 Indians were writing and sharing[br]and reading all kinds of things: 0:02:55.984,0:02:59.698 terrible jokes, spurious pop history, 0:02:59.722,0:03:02.398 long, emotional confessions, 0:03:02.422,0:03:04.593 diatribes against the government. 0:03:04.617,0:03:07.903 And as I read and shared these things,[br]I wondered to myself, 0:03:07.927,0:03:12.189 "Could I get these writers[br]and these readers, 0:03:12.213,0:03:14.546 could I turn them into my readers?" 0:03:15.212,0:03:17.895 And so I left my plush corner office 0:03:17.919,0:03:22.291 and my job as the publisher[br]of India's top publishing company, 0:03:22.315,0:03:23.993 and I set up on my own. 0:03:24.017,0:03:30.720 I moved into a single large room[br]in a cheap bohemian district of Delhi, 0:03:30.744,0:03:32.058 with a small team. 0:03:32.402,0:03:35.376 And there, I set up[br]a new kind of publishing house. 0:03:36.355,0:03:39.765 A new kind of publishing house[br]needs a new kind of reader 0:03:39.789,0:03:41.322 and a new kind of book. 0:03:42.218,0:03:45.138 And so I asked myself,[br]"What would this new reader want? 0:03:45.162,0:03:48.956 Would they prize urgency, relevance, 0:03:48.980,0:03:51.258 timeliness, directness -- 0:03:51.282,0:03:54.958 the very qualities they seem to want[br]from their online services, 0:03:54.982,0:03:58.120 indeed, the qualities they seem[br]to want from life today?" 0:03:59.149,0:04:01.783 I knew that my readers[br]were always on the go. 0:04:01.807,0:04:04.728 I'd have to fit into[br]their lifestyle and schedules. 0:04:04.752,0:04:07.810 Would they actually want to read[br]a 200-page book? 0:04:07.834,0:04:10.947 Or would they want something[br]a little bit more digestible? 0:04:11.676,0:04:14.652 Indians are incredibly value-conscious, 0:04:14.676,0:04:17.220 especially when it comes[br]to their online reading. 0:04:17.244,0:04:20.636 I knew I had to give them[br]books under a dollar. 0:04:21.735,0:04:25.167 And so my company was formed,[br]and it was born. 0:04:25.191,0:04:31.426 It was a platform where we created a list[br]of stories designed for the smartphone, 0:04:31.450,0:04:35.625 but it also allowed amateur writers[br]to upload their own stories, 0:04:35.649,0:04:38.220 so they could be showcased[br]along with the very writers 0:04:38.244,0:04:39.974 they read and admired. 0:04:39.998,0:04:44.506 And we could also enter into[br]other people's digital platforms. 0:04:44.999,0:04:46.785 So, imagine this: 0:04:46.809,0:04:50.173 imagine you're a receptionist,[br]you've had a long day at work, 0:04:50.197,0:04:52.644 you book your cab[br]in your ride-hailing app, 0:04:52.668,0:04:54.007 it shows up, 0:04:54.031,0:04:56.911 and you get into your car,[br]and you lie back on your seat, 0:04:56.935,0:04:59.101 and you put on your app. 0:04:59.125,0:05:03.187 And you find a set of stories[br]waiting for you, timed to your journey. 0:05:04.347,0:05:06.514 Imagine you're a gay young woman, 0:05:06.538,0:05:10.842 in a relatively conservative city[br]like Lucknow, which lies near Delhi. 0:05:11.300,0:05:14.022 There's no way your parents[br]know about your sexuality. 0:05:14.046,0:05:15.912 They'd completely freak out. 0:05:16.403,0:05:22.315 Would you like lesbian love stories[br]written in Hindi, priced under a dollar, 0:05:22.339,0:05:24.728 to be read in the privacy of your phone? 0:05:25.244,0:05:27.855 And could I match readers 0:05:27.879,0:05:32.189 to the events that were taking place[br]around them in real time? 0:05:32.982,0:05:37.156 So we published biographies[br]of very famous politicians 0:05:37.180,0:05:39.941 after they won big elections. 0:05:40.633,0:05:44.188 When the supreme court[br]decriminalized homosexuality, 0:05:44.212,0:05:47.959 an LGBTQ collection was waiting[br]on our home page. 0:05:48.482,0:05:53.591 And when India's Toni Morrison,[br]the great writer Mahasweta Devi died, 0:05:53.615,0:05:57.460 our readers found a short story by her[br]as soon as news hit. 0:05:58.046,0:06:02.807 The idea was to be relevant[br]to every moment of a reader's life. 0:06:03.823,0:06:05.157 Who are our readers? 0:06:05.562,0:06:08.657 They're mostly young men[br]under the age of 30. 0:06:08.681,0:06:10.665 There's someone like Salil, 0:06:10.689,0:06:13.768 who lives in a city where[br]there isn't a modern bookshop. 0:06:13.792,0:06:16.525 And he comes to our app almost every day. 0:06:16.852,0:06:18.678 There's someone like Manoj, 0:06:18.702,0:06:21.894 who mostly reads us[br]during the long commute back home. 0:06:22.266,0:06:25.861 And there's someone like Ahmed,[br]who loves our nonfiction 0:06:25.885,0:06:29.847 that he can read in a single sitting,[br]and that's priced very low. 0:06:30.831,0:06:33.832 Imagine if you're like a young, techie boy 0:06:33.856,0:06:38.187 in India's Silicon Valley[br]city of Bangalore. 0:06:39.031,0:06:41.578 And one day, you get[br]an in-app notification 0:06:41.602,0:06:45.053 and it says that your favorite actress[br]has written a sexy short story 0:06:45.077,0:06:46.672 and it's waiting for you. 0:06:46.696,0:06:48.768 That's how we launched Juggernaut. 0:06:48.792,0:06:53.188 We got a very famous ex-adult star,[br]called Sunny Leone. 0:06:53.212,0:06:56.347 She's India's most Googled[br]person, as it happens. 0:06:56.371,0:07:00.395 And we got her to write us[br]a collection of sexy short stories 0:07:00.419,0:07:02.958 that we published every night for a week. 0:07:02.982,0:07:04.410 And it was a sensation. 0:07:04.434,0:07:08.034 I mean, no one could believe[br]that we'd asked Sunny Leone to write. 0:07:08.466,0:07:09.626 But she did, 0:07:09.650,0:07:12.212 and she proved everyone wrong, 0:07:12.236,0:07:14.577 and she found this immense readership. 0:07:15.084,0:07:20.704 And just as we've redefined[br]what a book is and how a reader behaves, 0:07:20.728,0:07:23.204 we're rethinking who an author is. 0:07:23.228,0:07:24.881 In our amateur writing platform, 0:07:24.905,0:07:27.915 we have writers that range[br]from teenagers to housewives. 0:07:28.315,0:07:30.397 And they're writing all kinds of things. 0:07:30.421,0:07:35.863 It starts as small as a poem,[br]an essay, a single short story ... 0:07:36.292,0:07:39.739 Fifty percent of them are returning[br]to the app to write again. 0:07:40.514,0:07:41.999 Take someone like Neeraj. 0:07:42.024,0:07:47.028 He's a middle-aged executive,[br]wife, two kids, a good job. 0:07:47.053,0:07:48.815 And Neeraj loves to read. 0:07:48.839,0:07:51.673 But every time Neeraj read[br]a book that he loved, 0:07:51.697,0:07:53.871 he was also filled with regret. 0:07:53.895,0:07:56.505 He wondered to himself[br]if he could write, too. 0:07:56.529,0:07:58.974 He was convinced[br]he had stories in his mind. 0:07:59.450,0:08:04.410 But time and real life had happened,[br]and he couldn't really manage it. 0:08:04.434,0:08:07.648 And then he heard about[br]the Juggernaut writer's platform. 0:08:07.672,0:08:11.522 And what he loved about it[br]was that he felt this was a place 0:08:11.546,0:08:14.612 where he could stand[br]head and shoulders, equally, 0:08:14.637,0:08:17.141 with the very writers[br]that he most admired. 0:08:17.165,0:08:18.831 And so he began to write. 0:08:19.252,0:08:23.014 And he snatched[br]a minute here, an hour there, 0:08:23.038,0:08:25.252 in between flights in airports, 0:08:25.276,0:08:28.240 late at night, when he had[br]a little bit of time on his hands. 0:08:28.867,0:08:31.184 And he wrote this[br]extraordinary story for us. 0:08:31.208,0:08:34.033 He wrote a story[br]about a family of assassins 0:08:34.057,0:08:37.057 who lived in the winding[br]lanes of Old Delhi. 0:08:37.371,0:08:40.251 We loved it, it was so fresh and original. 0:08:40.275,0:08:44.712 And before Neeraj knew it,[br]he'd not only scored a film deal 0:08:44.736,0:08:48.011 but also a second contract[br]to write another story. 0:08:48.323,0:08:52.190 Neeraj's story is one of the most read[br]stories on our app. 0:08:53.619,0:08:56.135 My journey is very, very young. 0:08:56.159,0:08:59.911 We're a two-year-old company,[br]and we have a long way to go. 0:09:00.984,0:09:04.004 But we already, and we will[br]by the end of this year, 0:09:04.029,0:09:07.984 have about half a million stories,[br]many priced at under a dollar. 0:09:09.159,0:09:11.935 Most of our readers love reading 0:09:11.959,0:09:15.093 and trying out authors[br]they've never, ever heard of before. 0:09:15.117,0:09:17.577 Thirty percent of our home page reads 0:09:17.601,0:09:21.010 comes out of the writing[br]that comes from our writer's platform. 0:09:22.210,0:09:24.321 By being everywhere, 0:09:24.345,0:09:26.925 by being accessible and relevant, 0:09:27.734,0:09:30.514 I hope to make reading a daily habit, 0:09:30.538,0:09:33.761 as easy and effortless[br]as checking your email, 0:09:34.800,0:09:36.490 as booking a ticket online 0:09:36.514,0:09:38.101 or ordering your groceries. 0:09:38.800,0:09:40.395 And as for me, 0:09:40.419,0:09:44.516 I've discovered that as I entered[br]the six-inch world of the smartphone, 0:09:44.540,0:09:47.006 my own world just got very, very big. 0:09:48.484,0:09:49.682 Thank you. 0:09:49.706,0:09:53.586 (Applause)