Ravi Shankar Prasad, Mukesh Ambani get Estonia's e-residency
Hyderabad, Jan 10(PTI)Union Minister Ravi Shankar Prasad,
India's richest man Mukesh Ambani and Microsoft founder Bill
Gates are among the e-residency holders of Estonia, its
Ambassador to India Riho Kruuv said here Thursday.
The e-residency, which enables entrepreneurs of any
country to start a trusted location-independent EU company
online, was offered as an honorarium to some of the prominent
personalities across the globe.
After acquiring the e-residency, Ambani's Reliance Jio
has set up a subsidiary working in the digital and
communications space in the northwestern european country.
"Very prominent people are also Estonian e-residents.
Present Minister of IT and Law and Justice honourable Ravi
Shankar Prasad is an Estonian e-resident. Business tycoon
Mukesh Ambani is an e-resident.
Pope Francis and Bill Gates also (e-residents). This
status has been given to world leaders and they have accepted
it," he told reporters here.
E-residency is a government issued digital ID available
to anyone in the world.
It offers freedom to any world citizen to start and run a
global EU company fully online anywhere.
E-residents have access to the European Union business
environment and can use public e-services through their
digital identity.
"But if you talk about Mukesh Ambani for example. The
status was accorded to him with a broader perspective in mind.
He has a subsidiary in Estonia. Reliance jio is
developing digital solutions for jio digital platforms
particularly for the Indian market.
They have hired the number of Estonian software
developers to do the job," he added.
On the e-residency programme, the envoy said there were
already 2,174 Indian e-residents and they have created 275
companies.
"We expect this figure to grow exponentially in the
coming years as the economic ties between between Estonia,
India and the European Union depend further," he said.
Recently, Estonia and the Telangana government had signed
an MoU for cooperation on information and communications
Technologies (ICT), cybersecurity and blockchain Technology,
between the two.
Estonia is looking to enter into an MoU with the state
government on mutual cooperation in the filed of higher
education, he added.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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