Samsung invites Indian startups to build wallet, health solutions for its products

by IANS |

Bengaluru, Dec 8 (IANS) Samsung on Thursday invited local startups to collaborate on technologies around the 'Digital India' stack, including unified payments interface (UPI), Digilocker, Open Network for Digital Commerce (ONDC), Open Credit Enablement Network (OCEN) and Unified Health Interface (UHI), among others.

The company said that its R&D centres and business units in the country will work closely with these startups to co-build solutions for a specific product or service, that has the potential to be integrated with the company's product ecosystem.

"We wish to collaborate with startups who have cutting-edge technologies in this space, which, when integrated with the Samsung ecosystem, can transform the lives of people, our consumers," said Dipesh Shah, Managing Director, Samsung R&D Institute Bangalore.

Samsung said it will also explore funding support to some of these startups to help them further scale their solutions.

The company last week held a 'Startup Collab' event at the Samsung Opera House in Bengaluru where around 25 startups came together and interacted with Samsung leadership from its R&D centres in Bengaluru and Noida, and its corporate headquarters in Gurugram.

"Co-prosperity is one of our core values and we hope to play our part in enhancing the innovation ecosystem in the country, thereby powering 'Digital India,'" said Dr Balvinder Singh, Head, Open Innovation Group, Samsung R&D Institute Bangalore.

Samsung's engineers will also provide these startups with technical mentorship as well as guidance in protecting their intellectual property.

A successful startup currently powers Samsung's local India app-store where consumers can discover and access their favourite mobile applications in 12 Indian languages.

Another startup has powered 'Lock Screen Stories' on Samsung Galaxy smartphones. This feature has close to 30 million daily active users, said the company.

Latest News
Bihar: Man arrested under POCSO Act Sat, Feb 04, 2023, 04:47 PM
Bihar: Man arrested under POCSO Act Sat, Feb 04, 2023, 04:47 PM
Follow path shown by Guru Ravidass: Punjab CM Sat, Feb 04, 2023, 04:44 PM
Ethiopian PM meets Tigray leaders for first time since peace deal Sat, Feb 04, 2023, 04:14 PM
Delhi: Acquitted in Chhawla gang rape case, man, his aide arrested for murder Sat, Feb 04, 2023, 03:58 PM
Avalanche in Afghanistan kills 2, injures 3 Sat, Feb 04, 2023, 03:42 PM
Grenade blast near Sunny Leone's fashion show venue in Imphal Sat, Feb 04, 2023, 03:40 PM
Congress in Kerala says 'no' to hartal Sat, Feb 04, 2023, 03:38 PM
Samsung's new XR headset may be a stand-alone device Sat, Feb 04, 2023, 03:15 PM
Self-defence training for girls: Rs 184 cr allocated, TN schools want more money Sat, Feb 04, 2023, 03:10 PM
5 dead in Chile forest fires Sat, Feb 04, 2023, 03:01 PM
KIYG gives the feel of international events, says U21 hockey star Sharda Tiwari Sat, Feb 04, 2023, 02:49 PM
Logistics startup FarEye lays off 90 employees, 2nd job cut in 8 months Sat, Feb 04, 2023, 02:40 PM
BJP names candidates for 2 Pune Assembly bypolls Sat, Feb 04, 2023, 02:33 PM
PM Modi to visit poll-bound Karnataka, inaugurate various projects Sat, Feb 04, 2023, 02:24 PM