The Decentralized EntertainerMzaalo's USP lies in attracting the audience by offering premium content across genres and rewarding users with products and services in partnership with leading established brands.

ByEntrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Mzaalo
SWANEET SINGH (33) CEO, MZAALO

技术和娱乐一直发挥了very influential role in Swaneet Singh's life. He always wanted to pioneer innovative content experiences in the growing digital industry. Video streaming has been one of the fastest- growing segments of India's M&E sector for the past couple of years and 2020 saw a significant evolution in this space with online streaming becoming the only stay-at-home entertainment option. On this topic, Singh says, "We wanted to develop a one-of-akind Social Entertainment Commerce platform, which led to the formation of Mzaalo, a blockchain-based platform in the gamified video and entertainment ecosystem."

Combining Blockchain, video and digital entertainment in the world of content and commerce is a first of its kind proposition, making it an exciting intersection cutting across industries. The digital industry's exponential growth has created an opportunity for platforms offering unique experiences to users, advertisers, and content producers. Mzaalo's USP lies in attracting the audience by offering premium content across genres and rewarding users with products and services in partnership with leading established brands.

其独特的接触算法为广告设计的vertisers to build valuable user–brand experiences based on data transparency and privacy. Mzaalo has adopted secure Decentralized Ledger Technology (DLT) to establish a trusted entertainment ecosystem where participants derive value from their contribution to the network. The platform caters primarily to the mass audience looking for a wide range of content genres, keeping current trends in mind.

Talking about its audience, Singh mentions, "The audience in India has varied interests and Mzaalo has partnered with VOD platforms and linear feeds across 10 Indian languages. While we are in our early stages, we have witnessed significant growth over the last three months." Mzaalo, part of the Microsoft ScaleUp Program, has partnered with 500+ established brands across varied categories, including health & fitness, fashion, accessories, electronics, travel & wellness, jewellery, amongst others.

. These brands include Ease My Trip, Croma, JBL, Killer, Netmeds, Pepperfry, Swiss Military, Boat, ZoomIn, Zomato Pro, Kalyan Jewellers, Kaya Clinic, among others. Since its launch last year, the company has partnered with 25+ leading content producers. The company has also announced partnerships with Dailyhunt, Spicejet and raised external funding in 2019 through VCs, HNWIs and family offices and will look at subsequent rounds of funding.

Wavy Line
Entrepreneur Staff

Entrepreneur Staff

Editor

Related Topics

News and Trends

AlmaBetter Allocates INR 50 Crore Fund To Launch AlmaBetter Innovarsity

The Innovarsity will equip 5,000 learners with a globally recognized master's degree in computer science, by April 2024, the company said in a press release

Leadership

4 Key Indicators It's Time for You to Hire Your First Employees and Stop Doing Everything Alone

Deciding on the perfect timing to make the shift from solopreneur to team leader can be challenging, but there are certain signs of whether you are prepared or not to take the plunge and recruit staff. Take a look and see if you've reached these milestones and if you should start thinking about hiring outside help.

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

After working myself to the bone pitching 300 people each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.

Leadership

From Indore to BSE

EKI's journey began in 2008 as a start-up initiative in Indore and it is now present in 17 countries around the world.

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.