Lumos Labs, program partners for the Century Program to unearth 100 enterprise-grade blockchain solutions in India
Bangalore, October 08, 2020: Lumos Labs, an innovation management company, in collaboration with Microsoft India, announced the launch of the Century Program, an enterprise Blockchain Startup Program to evangelize, curate and unearth 100 best enterprise-ready Blockchain solutions for industry-specific use cases. ŠKODA AUTO DigiLab India and Tech Mahindra have partnered as the first original equipment manufacturer (OEM) and System Integrator (SI) respectively for the Discrete Manufacturing track of the Century Program. ŠKODA AUTO DigiLab India, a division of ŠKODA AUTO Volkswagen India Pvt Ltd aims to use its development expertise and knowledge in digitization to identify the problem statements for the start-ups to work on innovative Blockchain based solutions. Platform partner Tezos India will guide and advise participants to the developer tooling to build their decentralised applications on Tezos, a secure, open source, and self-amending blockchain protocol.
The Century Program spans over 18 months and will provide the selected startups with opportunities to regularly engage with industry experts and leverage the partner networks of Microsoft, Tech Mahindra and ŠKODA AUTO Digilab India for business growth. Microsoft will help accelerate their startup journeys through mentorship, streamlined go-to-market (GTM) activities and access to world-class technology resources. The program intends to identify and solve real time business challenges and blockchain use cases faced across seven industry verticals including Media and Entertainment, Oil and Natural Gas, Trade Finance, Healthcare, Public Sector, Discrete Manufacturing and Telecom sector using blockchain technologies.
Mr. Pranav Kulkarni, CIO, ŠKODA AUTO Volkswagen India Private Limited commented, “As the Automotive Industry continues to evolve, the onset of Blockchain technology will be a defining transformation in the development and manufacturing of the next-generation of cars. Through the Century Program, ŠKODA AUTO DigiLab India will foster this ecosystem of innovation among startups and identify implementable solutions in the space of digital tools and mobility platforms”
Rajesh Dhuddu, Blockchain and Cybersecurity Practice Leader, Tech Mahindra, said, “As part of our TechMNxT charter, we are constantly looking to expand our partner ecosystem by connecting with industry-leading companies. Being one of the founding members of the Century Program, we are committed to the success of this program and look forward to collaborating with Microsoft and Lumos Labs to pave the roadmap for ‘next-gen’ blockchain solutions that will solve complex business problems in the real world. Our deep domain and technical expertise combined with extensive industry networks will help innovators become enterprise ready and scale their operations globally.”
Sanjay Anand, General Manager, Azure Commercial Industry, Microsoft said, “The Century Program will accelerate possibilities to create great enterprise solutions for blockchain in India by scaling existing competencies, surmounting awareness bias, and making blockchain more mainstream across various sectors. Partners like Tech Mahindra, ŠKODA AUTO DigiLab India and Tezos India will further help strengthen the blockchain adoption immensely by highlighting the secured, interoperable, and scalable environment that this technology provides. Microsoft is delighted to be able to provide the right platform to make this happen.”
Commenting on the Launch, Om Malviya, President, Tezos India added, “As an organisation dedicated to support the Tezos ecosystem in India, we believe in partnering with innovators in the ecosystem to drive the industry forward. This collaboration with Microsoft, Tech Mahindra, ŠKODA AUTO DigiLab India and Lumos Labs for the Century Program is a step forward in this direction. The next 18 months will be an exciting time for the Indian blockchain ecosystem – startups, developers and enterprises alike; as they set the course in this journey of identifying implementable, enterprise grade blockchain solutions. We are excited to be a part of this journey with them in extending the Tezos Foundation network and our in-house expertise to mentor and train the participating startups. ”
According to the Nasscom Avasant India Blockchain Report 2019, the emergence of Blockchain 3.0 with its increased security, interoperability and scalability is set to accelerate enterprise adoption. However, there is a need for Indian service providers to expand their capabilities by implementing a diverse set of blockchain use cases across all major sectors. Century Program aims to address this need by defining the problem statements in each sector, identifying enterprises exploring solutions for these problem statements and connecting them to relevant start-ups with an enterprise ready use case solution.
To know more and apply for the Century Program, head over to the event registration website. Registrations for the program are open from today.
About ŠKODA AUTO Volkswagen India Private Limited:
Headquartered in Pune, ŠKODA AUTO Volkswagen India Private Limited (SAVWIPL) is the new company that represents the passenger vehicle brands of Volkswagen Group in India. SAVWIPL has been formed following the merger of Volkswagen India Private Limited (VWIPL), ŠKODA AUTO India Private Limited (SAIPL), and Volkswagen Group Sales India Private Limited (NSC). The combined entity oversees the Indian operations of five brands – ŠKODA AUTO, Volkswagen, Audi, Porsche and Lamborghini. SAVWIPL operates two manufacturing facilities – at Chakan, Pune and Shendra, Aurangabad. SAVWIPL is committed to India and will continue to serve Indian customers with an array of desirable, high-quality automobiles that reflect the needs of the Indian customer and their aspirations. SAVWIPL’s division, ŠKODA AUTO DigiLab India is one of the 4 agile business innovation hubs for ŠKODA AUTO globally joining those based in Prague, Tel Aviv and Beijing. The division functions as a start-up collaborator in the IT industry, allowing ŠAVWIPL to sustainably strengthen its expertise in both innovation and digital development.
Read more about ŠKODA AUTO DigiLab India at https://skodaautodigilab.com/en/india
Read and know more about SAVWIPL at https://skoda-vw.co.in/
About Tezos India:
Tezos India assists individuals and entities to use the Tezos blockchain. It aims to grow the community and advance Tezos ecosystem in India through education, community engagement, training and partnerships.
For more details, visit – https://tezosindia.foundation/
About Lumos Labs:
Lumos Labs is a Singapore based innovation management firm that specialises in running technology open innovation programs. Founded in 2018, the company has run several accelerators and open innovation programs for international firms.
For more details, visit – http://lumoslabs.co/
Media Contact:
Susan Joseph
Head of Public Relations, Lumos Labs
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice.
This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.