Samsung Venture, the investment arm of the South Korean technology giant, has invested $8.5 million in Indus OS and three other Indian startups as the company’s VC fund begins its journey in the country.
Indus OS is a popular Android fork that has built a suite of localized applications focused on serving the masses in India. Samsung and Venturest funded the four-year-old startup’s $5.75 million Series B round.
Several smartphone vendors, including homegrown firms such as Micromax, Gioness, Intex, and Karbonn are customers of Indus OS, integrating many of its features into their handsets. Earlier this year, Samsung partnered with Indus OS to revamp its Galaxy App Store.
Rakesh Deshmukh, co-founder and CEO of Indus OS, told TechCrunch in an interview…