The government’s Digital India stack, which includes UPI, Digilocker, Open Network for Digital Commerce (ONDC), Open Credit Enablement Network (OCEN), and Unified Health Interface (UHI), among other technologies, has attracted the attention of Samsung, the largest consumer electronics company in India.
With this, Samsung hopes to hasten the country’s transition to Digital India and solidify its mission of “Powering Digital India.”
The companies will collaborate with Samsung’s R&D facilities and commercial departments in India on projects involving the integration of their goods and services into the Samsung ecosystem, such as those involving wallets, health, and fitness.
Samsung will consider providing monetary support to select of these entrepreneurs as needed so they may expand the reach of their solutions.
Earlier this week, Samsung hosted a Startup Collab event in Bengaluru’s renowned Samsung Opera House as a first step toward connecting with startups in India. Around 25 startups from all over India attended the event and interacted with the leadership of Samsung from its R&D centres in Bengaluru and Noida, as well as its corporate headquarters in Gurugram, learning about Samsung’s ecosystem of products and services and identifying potential areas for collaboration around Digital India initiatives.
“Samsung is a consumer-focused firm that works to create useful technologies for Indian consumers. The government’s Digital India stack is innovative and has the power to change how many industries operate. According to Dipesh Shah, managing director of the Samsung R&D Institute Bangalore, “We want to work with companies that have cutting-edge innovations in this field that, when merged with the Samsung ecosystem, may alter people’s lives, our customers.”
“As a sizable multinational, we bring to the table great consumer awareness, commercial acumen, and market reach that will assist entrepreneurs hone their offers to enable appealing user experience. One of our key values is co-prosperity, and we want to do our share to strengthen the innovation ecosystem in the nation and power Digital India, according to Dr. Balvinder Singh, Head of the Open Innovation Group at the Samsung R&D Institute in Bangalore.
Startups from the fintech, health tech, and eCommerce sectors attended Samsung’s Startup Collab event, and several of them used the India Stack to develop for Digital India services.
In order to co-create solutions for a particular good or service that have the potential to be integrated with Samsung’s product ecosystem, Samsung’s R&D centres and business units in India will team up with the startups.
The engineers at Samsung, who specialise in cutting-edge fields like AI, machine learning, IoT, big data, and the metaverse, will also coach these firms in technical matters and, if necessary, offer advice on how to safeguard their intellectual property.
Samsung has partnered with numerous local entrepreneurs with great success over the years. For instance, a profitable startup currently runs Samsung’s regional India app store, where users can find and access their preferred mobile applications in 12 Indian languages. Nearly 3 million people utilise this on a daily basis at the moment.
On Samsung Galaxy smartphones, a different startup is behind Lock Screen Stories, which provide users with lovely wallpapers and content each time they unlock their devices. There are around 30 million users who use this feature every day.
