Snapchat, the multimedia instant messaging app, sees augmented reality (AR) as a clear business opportunity in India. Earlier in the week, Snap Inc, the $4.6-billion company that owns the app, hosted an AR day. In an exclusive conversation with Business Today in Amanbagh (off Jaipur), Evan Spiegel, co-founder & CEO of Snap Inc, said it allowed the company to connect “with all the developers who are making so many new augmented reality experiences.” The exciting thing for him came from many quarters. “There are folks who are creating videos, showing them their friends expressing themselves and communicating with Snapchat. So, it's been so exciting to see the way that our product is resonating here in India," he said. Even at 200 million Snapchat users in India, the number still look small, says Evan Spiegel. It’s just a very good time to be in India, he added.