24 C
Brunei
Thursday, February 9, 2023
24 C
Brunei
Thursday, February 9, 2023
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    Samsung invites Indian startups to build wallet, health solutions for its products

    ANN/THE STATESMAN – 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 Samsung R&D Institute Bangalore Managing Director Dipesh Shah.

    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 Head, Open Innovation Group at Samsung R&D Institute Bangalore Dr Balvinder Singh.

    Samsung’s engineers will also provide these startups with technical mentorship and guidance in protecting their intellectual property.

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