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Anuj Gandhi’s Streambox Media poised to transform Home Entertainment in India

by MN4U Bureau
October 25, 2024
in Media
Reading Time: 2 mins read
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Mumbai: Streambox Media, a media-tech venture founded by industry veteran Anuj Gandhi, is poised to transform the home TV viewing experience in India. Backed by Micromax Informatics, Nikhil Kamath, and Stride Ventures, Streambox aims to create a new segment in consumer tech, fundamentally reshaping how India’s connected TV audience engages with entertainment.

This innovative company introduces a first-of-its-kind television operating system (OS) tailored for India, allowing users to access their favorite shows, movies, news, and live sports through a single, intuitive interface. This next-generation OS simplifies content discovery across multiple OTT platforms and live television services, eliminating the hassle of navigating various apps.

Anuj Gandhi, Founder and CEO of Streambox Media, highlighted the immense potential of the connected TV industry, stating, “India’s connected TV households are expected to exceed 100 million by 2027, a significant increase from just 40 million in 2023. The OTT market is projected to grow from $2 billion in 2023 to $5 billion by 2027, driven by changing consumer preferences for on-demand content. We aim to be a key player in this evolving landscape with our ‘Made in India but made for the world stage’ approach.”

Rahul Sharma, Co-Founder of Micromax Informatics, emphasized the strategic importance of the collaboration, noting, “Our partnership with Streambox Media will push the boundaries of home entertainment, integrating cutting-edge technology for a premium user experience. This aligns with Micromax’s commitment to delivering innovative products to Indian consumers and scaling globally.”

Investor Nikhil Kamath remarked, “Streambox addresses the challenge of content fragmentation, offering users a unified and seamless way to enjoy their favorite shows and movies. It’s an Indian solution to a global problem, highlighting the opportunity for innovation in the entertainment space.”

Ishpreet Singh Gandhi, Founder and Managing Partner of Stride Ventures, added, “Indian startups are increasingly designed with a ‘born global’ mindset. Streambox Media exemplifies this vision, crafting solutions for global audiences in high-potential sectors like media-tech.”

As Streambox Media prepares to launch, it promises to redefine content discovery and enhance the overall viewing experience for Indian consumers, setting new benchmarks in the media landscape.

Tags: Anuj Gandhimedic-techMicromax InformaticsNikhil KamathRahul SharmaStreambox MediaStride Ventures

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