Samsung invites startups to collaborate on digital India initiatives; to offer funding support

Consumer electronics company Samsung is inviting startups to collaborate on technologies around the Government’s Digital India stack, which includes UPI, Digilocker, Open Network for Digital Commerce (ONDC), Open Credit Enablement Network (OCEN), Unified Health Interface (UHI) among others.

With this, Samsung aims to accelerate its Digital India journey in the country and strengthen its vision of Powering Digital India.

According to the company's statement, The startups will partner with Samsung’s R&D centres and business units in India on domains such as wallet, health, and fitness, where products and services will be integrated with the Samsung ecosystem.

The company will also explore funding support to some startups to help them further scale their solutions.

As a first step to connecting with startups in India, Samsung held a Startup Collab event at the iconic Samsung Opera House in Bengaluru earlier this week.

At the event, around 25 startups from across India came together and interacted with Samsung leadership from its R&D centres in Bengaluru and Noida and its corporate headquarters in Gurugram, exploring Samsung’s ecosystem of products and services and understanding where they can potentially collaborate around Digital India initiatives.

“Samsung is a consumer-centric company and strives to develop meaningful innovations for consumers in India. The Government’s Digital India stack is revolutionary and has the potential to transform the way many sectors work. 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.

As part of the collaboration, Samsung’s R&D centres and business units in India will work together with the startups to co-build solutions for a specific product or service that has the potential to be integrated with Samsung’s product ecosystem, the company said.

Additionally, Samsung’s engineers will also provide these startups with technical mentorship as well as guidance in protecting their intellectual property, wherever relevant.

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