Tag: Stride Ventures

  • Streambox Media unveils Dor India’s first subscription-based TV service

    Streambox Media unveils Dor India’s first subscription-based TV service

    MUMBAI: Gone are the days of debating over iOS and Android or boasting about who owned the fastest gadget. The era of squabbles about which TV brand—LG, Xiaomi, or Samsung—rules the market is fading into nostalgia. Buying a television back then felt like assembling a puzzle: first, the TV itself, then a dish connection for channels, followed by an OTT device to smarten it up. And even then, you were stuck playing detective—Googling endlessly to figure out which platform hosted your favorite show, live match, or breaking news.

    But now, the tide has turned. The clutter and confusion of old-school television are making way for an extraordinary transformation. As the sun sets on fragmented entertainment, a bold new dawn emerges in the Indian living room. Welcome Dor—the future of home entertainment that combines everything you need into one seamless subscription experience. It’s not just a TV; it’s a revolution. Or so claims the company behind it. 

    Streambox Media, a leading media-tech venture founded by cable TV industry and distribution vetera Anuj Gandhi and backed by Micromax Informatics, Zerodha’s Nikhil Kamath, and Stride Ventures, has launched Dor—India’s first subscription-based television service. Designed to revolutionise home entertainment as claimed by the company, Dor integrates a high-performance 4K QLED TV with over 24 premium OTT platforms, 300+ live channels, gaming, news, and more into a single, affordable subscription model.

    Dor is set to debut in India via Flipkart on 1 December 2024, with plans for expansion to other platforms and offline distribution channels. This innovative TV-as-a-service model eliminates fragmented content navigation across devices, offering users a seamless, unified experience powered by India’s indigenously developed Dor TV OS.

    Micromax Informatics co-founder, Rahul Sharma emphasised the shift in consumer preferences, “The home entertainment landscape is witnessing a tectonic shift with the rise of subscription and leasing models. Younger audiences prioritise flexibility and value over ownership. With Dor, we are introducing a market disruptor that addresses these evolving preferences while showcasing India’s capabilities in developing future-ready technology.”

    Streambox Media, COO, Romil Ramgarhia added, “Dor democratises premium entertainment by making advanced technology accessible to Indian households. Our innovative approach significantly reduces costs by 50-60 per cent, consolidating the expense of smart TVs and content services.”

    Indiantelevision.com Sreeyom Sil got into an exclusive conversation with Anuj Gandhi  on the sidelines of a press conference in Mumbai to announce Dor and Streambox’s launch. He shed light on how Dor is setting new benchmarks for connected TVs in India. Excerpts from the interview: 

    * What differentiates Streambox’s Dor service from others in the market?
    The key difference is simplicity: everything should be plug and play. Why should I worry about subscriptions, when my payments are due? It should be as convenient as possible in one single shop. And that’s what we have endeavored to do here. 

    Then, fragmented services and high upfront costs deter many households from adopting connected TVs. Dor’s subscription model integrates cutting-edge AI, content platforms, and hyper-personalised recommendations to deliver an unmatched value proposition  with an immersive experience. With its integrated Dor OS, users can enjoy a seamless interface consolidating OTT platforms, live channels, and on-demand content. 

    Dor’s subscription model offers unparalleled flexibility and cost-efficiency. Consumers can own a 43-inch 4K QLED TV with Dolby Audio and solar-powered remote for an upfront activation fee of Rs 10,799, including the first month’s subscription. Post the initial month, the subscription costs Rs 799 per month for 12 months, after which customers can customise their packages. 

    The subscription includes access to platforms like Prime Video, Disney+ Hotstar, Jio Cinema, Sony Liv, and many more, with a single sign-on and AI-driven personalised recommendations simplifying the entertainment experience. Larger 55-inch and 65-inch TV variants are set to launch in early 2025, expanding options for Indian households.

    With its integrated Dor OS, users can enjoy a seamless interface consolidating OTT platforms, live channels, and on-demand content. A four-year warranty and regular software upgrades every quarter are on offer with which Dor aims to make a real difference in how India consumes entertainment.

    * What specific challenges in content discovery does Dor address, and how does it enhance the user experience compared to existing software?
    Dor takes content discovery beyond the siloed limitations of individual apps. Our intuitive AI and large language models power a seamless search experience across multiple platforms. Dor personalises recommendations based on user preferences, ensuring a richer and more tailored viewing journey.

    Anuj Gandhi quote

    *  How does Dor use advanced machine learning for personalised recommendations and ensure diversity in content?
    Personalisation is at the core of Dor. We analyse individual preferences—language, genre, or favorite actors—and adapt recommendations in real-time. For example, if you select action movies but increasingly watch romantic films, our system dynamically adjusts your homepage to prioritise romantic content.

    * How does Dor aggregate content from OTT platforms and live channels, and what partnerships have been instrumental?
    We’ve secured partnerships with over 24 OTT platforms and various linear television providers, especially in the free-to-air (FTA) category. These long-term deals ensure a comprehensive content catalog, enabling us to deliver unmatched variety to users.

    * With a growing emphasis on data privacy, how does Dor ensure user data is protected?
    Data security is paramount. We comply with all data protection laws in India and employ robust security measures to prevent breaches. Sensitive user information, such as installation addresses and phone numbers, is safeguarded through strict privacy policies and best practices.

    *  How is Streamworks Media capitalising on India’s growing connected TV market, and what role does Dor play?
    We aim to democratise connected TV with competitive pricing and an intuitive OS like Dor. By addressing the needs of a growing audience, we plan to secure a dominant market share in this burgeoning ecosystem.

    *  What inspired you to venture into the media-tech space, and where do you see Streambox Media and Dor in five years?
    Simplicity and accessibility inspired me. Our goal is to make content discovery and consumption effortless. Within five years, we envision Dor holding a double-digit global market share, solidifying its place as a leader in the entertainment OS market.

    With Dor, Streambox Media and Micromax Informatics have not just launched a product—they’ve unveiled a statement of technological prowess and national pride. Proudly ‘Made in India’, the launch resonates deeply with the Indian spirit of innovation and ambition. It’s not just a device; it’s a symbol of India’s leap into the global tech arena. The moment leaves one awestruck, tingling with pride, and breathlessly waiting for what’s next in this revolutionary saga.

  • The Moms Co Mompreneurs Show welcomes new partnerships to support mom-entrepreneurs

    The Moms Co Mompreneurs Show welcomes new partnerships to support mom-entrepreneurs

    Mumbai: The Mompreneurs Show, one of India’s largest multi-stakeholder platforms dedicated to empowering and mentoring mom micro entrepreneurs from across India, launched by The Moms Co, India’s leading toxin-free & natural personal care D2C mother & baby brand, proudly announces additions to its esteemed partners coming together to support the dynamic community of Mompreneurs across India.

    Each partner brings their unique expertise and resources & will support through skill building & mentorship, digital growth & amplification & critically Investment & financial grants in the mompreneurs who are part of the initiative.

    Startup India, the Government’s nodal body to support Startups, is now amongst the Mompreneur programs mentorship & support partners. As part of the partnership, along with mentorship and entrepreneurship masterclasses, Startup India has committed to:

    Branding for the Top 10 Mompreneur Startups through social media posts, newsletters

    Co-authoring a write-up on the Landscape of MomPreneurs in India including survey insights, stories of our winners, what can the ecosystem do to support them, among other things

    Providing relevant guidance to startups with programs and incentives under the Startup India initiative, including registrations & DPIIT recognition to Top 80 and Startup India Seed Fund Scheme, and opportunities across areas of investor connect, pitching, delegations and showcases, among others to the Top 10

    Stride Ventures, a renowned venture debt fund, has also joined hands with the program and is committing to elevate the Mompreneurs program through a $10,000 cash prize in the form of a grant for the winner of the Mompreneurs Show. This cash prize is over and above the cash and media assets of Rs 1 crore, that the Good Glamm Group has committed for the winners.

    Bringing inspiring and captivating stories of mompreneurs to a broader audience, The Mompreneurs Show welcomes 94.3 Radio One and Fever Entertainment as official radio partners ensuring the journey’s and successes of our mompreneurs are resonated widely creating a robust narrative of mompreneurs across India. Through their popular programming, we anticipate mompreneurs stories & support becoming widespread across the country.

    WhatsApp joins as the digital growth and technology partner. This significant partnership with WhatsApp provides dedicated WhatsApp Business Apps or API Business Accounts tailored to cater to the distinctive requirements of each Mompreneurs enterprise. Beyond technology, WhatsApp will also conduct insightful mentorship sessions, business building on whatsapp masterclasses, and privacy workshops to elevate the digital prowess of Mompreneurs.  

    Additionally, FICCI FLO Mumbai, an existing partner, has expanded its partnership to the FICCI FLO National Startup Wing. This transition signifies FICCI FLO’s commitment to extending its collaboration beyond Mumbai & the Western Region and making their initiatives and support available to mom entrepreneurs and professionals across the entire nation. Startup India and FICCI FLO National Wing join existing partner Aspire for Her in the entrepreneurship bootcamps.

    Moreover, Archana Khosla Burman who is the chairperson FICCI FLO Mumbai and founder of Vertices Partners, one of India’s top law firms for entrepreneurs and investors, will have her law firm conduct a masterclass on legal compliances and choices when setting up and scaling ventures.

    In a vision for creating a strong and supportive community, it is now joined by its community partners, GurgaonMoms and D2C Insider. Originating from a simple WhatsApp group, D2C Insider has grown to become India’s largest community for DTC brands with over 5,000 brand founders, 500+ enabler founders, and 500+ investors. Both partners play a pivotal role in amplifying the mompreneurs program & their businesses amongst its members.

    In addition to mentorship and business coaching through the institutional partnerships of Startup India, Whatsapp, FICCI FLO & Aspire For Her, it has announced the contribution of distinguished business leaders and investors to masterclasses. Masterclasses are a unique concept by which industry leaders and organizations will contribute through their time with exclusive learning sessions for shortlisted mompreneurs. Hindustan Times CEO and MD Praveen Someshwar will conduct a much-anticipated masterclass for our shortlisted mompreneurs on brand building.

    We have also started receiving commitments on equity grants from jury and advisory board members. Dr Aarti Gupta, our advisory & jury representative of DBR Ventures has committed to invest $10,000 in equity capital in one of the top 10 winners on behalf of DBR group. Similarly, Ankita Vashishta of Strong Her Ventures has committed to equity capital from a minimum of $10k to a maximum of $25k usd in shortlisted ventures.

    Speaking on the partnership, Good Glamm Group group co-founder, and The Good Community CEO Naiyya Saggi says, “There are more than 15 mn women led businesses in India. The Hon’ble Prime Minister has himself emphasized that women driving development is a Nation Building Imperative. We have known for a long time that Mothers have different journeys as a cohort to financial autonomy and entrepreneurship. Which is why we believe the Mompreneurs program to be a critical initiative, especially since its the first of its kind where so many stakeholders have come together to support Mom Entrepreneurs in specific. We are very grateful to our partners, Start Up India, Stride Ventures, WhatsApp, Ficci Flo National Wing, Aspire For Her, 94.3 Radio One, Fever FM, Gurgaon Moms, DTC Insider, Our distinguished Masterclass Leaders, Advisory Board & Investors for their unflinching commitment. This unprecedented and groundbreaking alliance brings incredible partners coming together to carve a path for mompreneurs nationally to flourish and grow.”

    Speaking on the association, Ministry of Commerce and Industry joint secretary – department for promotion of industry and internal trade (DPIIT) Manmeet Nanda said, “With Startup India joining hands with the Moms Co Mompreneurs show as a dedicated mentorship and support partner, this partnership enables us to extend our commitment to fostering entrepreneurship. Holding profound significance as we delve into fostering a thriving entrepreneurial spirit among the talented Mompreneurs of our nation, shedding light on the landscape of Mompreneurs across India. Our commitment encompasses fast-tracked support for registration and recognition, personalized guidance for top startups, strategic branding, and co-authoring an insightful narrative for every Mompreneur’s journey.”

    “We at Stride Ventures take great pride in partnering with The Mompreneurs Show to support The Moms Co and the Good Glamm Group team’s mission of empowering and uplifting mompreneurs across India. This initiative provides a vital platform to propel enterprising mothers and champion their unique approaches to build successful businesses,” said Stride Ventures chief of public policy & strategy Ravneet Mann.

    Beyond robust partnerships, the winners will also be presented with an unparalleled opportunity for mentorship and co-investments from esteemed entrepreneurs, jury members, advisory board experts and mom-leaders. The winners will have a unique chance to tap into a network of established professionals, entrepreneurs and industry veterans contributing to the growth and sustainability of the winner’s entrepreneurial ventures.  

  • Stride Ventures leads Rs 17 crore debt round in Pocket Aces

    Stride Ventures leads Rs 17 crore debt round in Pocket Aces

    KOLKATA: Stride Ventures has led a Rs 17 crore debt round in digital entertainment company Pocket Aces. Stride will be a strategic partner in Pocket Aces’ growth journey with their customised offerings and deep relationships across banks and corporates.

    This partnership with Pocket Aces is the twelfth investment from Stride Ventures’ maiden fund, marking its foray in the digital media and entertainment space as gaming and OTT has had a breakthrough year with industry revenues surging and subscriptions rising through the lockdown.

    Stride Ventures founder and managing partner Ishpreet Gandhi said, “Pocket Aces has truly pioneered digital content in India through its data driven approach to content creation. More importantly, the company creates highly relatable content, making it appealing especially for the younger demographic. At Stride, we strive to partner with indigenous companies which have the ability to scale up rapidly by leveraging technology and we see Pocket Aces as a great addition to our portfolio.”

    Pocket Aces co-founder Aditi Shrivastava added, “2020 was an unprecedented challenge for humanity and we were privileged to entertain the Indian audience during this difficult time. The lockdown accelerated adoption of digital media as the primary source of consumer entertainment , and so we innovated rapidly to ensure that we could continue to thrive and increase content output in this new normal. As a result, we saw growth in all our major business lines this year. As we go into 2021, we are more excited than ever about the size of the entertainment opportunity in India and are happy to partner with Stride Ventures on our growth journey. This debt instrument is one of the first of its kind for the sector and we think it underlines Pocket Aces’ leadership of the sector as well as the innovation focus of Stride Ventures.”

    Pocket Aces will utilise the capital raised to scale the current content output and invest further in new content formats and distribution channels. In 2020, Pocket Aces released multiple shows across its channels that kept audiences gripped with stories of love, life, and the new normal. The company has worked with over 100 brands across sectors including Tinder, Hindustan Unilever, PureMe, Bacardi, Unacademy, and Mondelez, among others. 

    On the other hand, its game streaming and e-sports platform Loco, has hosted some of the biggest mobile gaming tournaments India has ever seen. Loco also entered into strategic partnerships with Red Bull, Fnatic, NBA 2K League, and other leading brands. The year also saw Pocket Aces launch Clout, its talent management division, which exclusively represents over 60 of the digital industry’s finest and most popular faces.