Indian billionaire Nandan Nilekani says scale is a problem New Zealand companies need to overcome to crack the growing Indian market.
Nilekani has been twice named by Time magazine as one of the world's 100 most influential people and is the former chairman of the Unique Identification Authority of India (UIDAI), which is providing all 1.2 billion Indian residents with a unique identification number.
He is also co-founder of Infosys Technologies, which has 100,000 employees.
Nilekani understands scale, even in his philanthropic efforts. After losing a bid to get into politics last year, he's poured US$10 million ($13.56 million) into a not-for-profit initiative, ekStep, which is developing a platform based on gamification to change the way primary school education is taught in India.
The first iteration of the platform will be released next month and Nilekani said while it was aimed at resolving India's literacy and numeracy problems, it could easily be rolled out in other developing countries.