1.5 Million Web 2.0 Users in India

The article titled Web 2.0 start-ups together have 15 lakh users in India: IDC at AlooTechie is a great read. What it basically says is “According to a study by IDC, India-focused Web 2.0 start-ups such as MingleBox, Fropper, SirfDosti and BigAdda have a combined user base of around 15 lakh users in the country, after eliminating overlaps.”

Now someone please tell me how these sites have millions of users. How do companies like IBibo justify that they had 1 million users when they went ahead and started advertising and the signups have tripled since then. Where are all these people. Why don’t I ever meet anyone who gives me a minglebox or ibibo url for their blogs or pictures ?

Am I missing something?

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