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Mukesh Ambani’s new e-governance venture in Estonia

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Industrialist Mukesh Ambani has started a subsidiary company in Estonia for e-governance.

The company is set up in collaboration with the  Estonian government’s former chief information officer Taavi Kotka.

The new company will explore ideas on e-governance and the Estonian Government will play the part of a facilitator.

The company is also exploring the possibilities of roping in private companies.

Estonia is a digitally advanced nation and has a digital penetration of 99 percent.

Ambani is an e-resident of Estonia since May this year.

This virtual residency helps a foreigner like Ambani to set up a  company in Estonia.

Many renowned Indians like Infosys co-founder N R Narayana Murthy had also visited Estonia in the past to learn more about the digitisation process.

The e-residency initiative was started in 2014 as a digital identity for foreigners.

Apart from forming a company, an e-resident can access banking services, payment processing and also gets a digital signature.

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