Nearly a dozen Indian technology startups have been approached by electronics manufacturer Samsung as it scouts for innovations, a move widely regarded as a sign of these ventures inching closer to the big league. At least 10 startups that ET spoke to confirmed that the Korean giant is in touch with them. Most of these startups work in the internet-of-things space, a term used to refer to technology that enables devices to work with one another. Earlier in April, the official venture arm of Samsung and Qualcomm co-invested $17 million (about Rs 100 crore) in Hyderabad-based Ineda Systems, a chip maker for wearable devices.
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