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Global IndianstoryChaitanya Muppala: Bringing Indian craft chocolate to the world through Manam Chocolate
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Chaitanya Muppala: Bringing Indian craft chocolate to the world through Manam Chocolate

Written by: Minal Nirmala Khona

(September 1, 2024) Chaitanya Muppala has tasted success quite early in his career. Literally. What else would you say when the craft chocolate brand he launches, wins several awards within four months of hitting the market? A first-generation chocolate taster and a second-generation entrepreneur, he is the CEO of Distinct Origins Private Limited (DOPL) which launched Manam Chocolate [Manam meaning us in Telugu], an Indian craft chocolate brand that operates in the emerging speciality chocolate market in the country. Within four months of its launch, Manam Chocolate went on to win in 17 categories at the World Chocolate Awards.

He had the advantage of a decade of experience in the food business by running and upscaling Almond House, the well-known Indian mithai chain in Hyderabad, started by his father in 1989. He is a graduate of the prestigious Sauder School of Business, University of British Columbia, Canada, after which he joined the family business. Chaitanya was part of the Stanford Seed Programme from the Stanford University Graduate School of Business’ Institute for Innovation in Developing Economies. After joining Almond House, he has been instrumental in the creation of distinct brands including Indulge ice cream, an all-natural gourmet ice cream range, Gappe Vappe Chaatwala, Amande by Almond House, that makes 100 per cent eggless, premium bakery products, and Greater Gud, an FMCG brand focussing on the goodness of jaggery.

Chaitanya Muppala | Manam Chocolates | Global Indian

Chocolates Are Us

How did the shift towards chocolate happen, we ask? Seated in the spacious environs of the café at Manam Chocolate Karkhana, which houses the store above, and surrounded by the aromas of freshly made chocolate, Chaitanya tells Global Indian, “When it comes to quality Indian chocolate, I observed that everyone was using the same raw materials and the same homogenous product was being made. It was more an industrial grade that was available. In keeping with the global movement of making craft chocolate, I did my research.” That meant exploring the cacao growing regions in West Godavari for three years, during which time he talked to farmers and learned of their positive and meaningful impact on the value chain. “I also got to know about the technical problems they faced in the drying and fermenting of the cacao beans. Though India has been growing cacao since the 1960s, we are an industrial player and not in the business of craft chocolate,” he says.

His thorough research led to the setting up of his company Distinct Origins P/L to establish the West Godavari region as a place of origin from where potential global craft chocolate makers could import fine-flavour cacao beans; and local players could create Indian craft chocolate, like Manam Chocolate. He streamlined the entire process of the bean to its finished product with proprietary technology and software to the extent that he knows which bean comes from which tree, belongs to which farm and the farmer cultivating it. The packaging includes a picture of the farmer growing the bean in the single farmer series of chocolate.

The Science of Chocolate

Chaitanya is one of those entrepreneurs who will go the last mile to ensure perfection. Besides making the cultivating and sourcing process tech-driven, he set up India’s largest fermentery – the Distinct Origins Cacao Fermentery in Tadikalapudi, West Godavari, Andhra Pradesh. It is the largest of its kind in India, and estimated to be second largest in the world, a state-of-the-art cacao processing facility situated amidst their 150 partner farms.

The protocols followed at the cacao fermentery include stringent cacao screening, where only the finest pods are selected, and wooden clubs are used to crack them open, instead of machetes and sickles. This is done to protect the beans within from damage. After the selection, the beans go through a five-step fermentation process, and the proprietary technology monitors parameters such as pH levels, temperature, humidity etc. This is followed by a slow drying method on movable racks that are kept alternatively in the sun and the shade, and the beans are turned every hour by hand to ensure even drying.

Chaitanya | Manam Chocolates | Global Indian

The ‘Indulge’ collection by Manam Chocolates. Photo courtesy: Daniel D’Souza

After the sorting, weighing, labelling etc., the beans come to the Manam Chocolate Karkhana, the company’s first retail-cum-experiential concept store, where the chocolate is made. They offer a guided tour experience and workshops for anyone interested and you can see first-hand the chocolate being made. The display houses the varieties available which include, tablets, further divided into categories like single farm, single origin India and international, dark, milk and vegan as well as signature blends and infusions etc. Lovers of chocolate can choose from bonbons, thins, and more. Unusual flavours created in-house include curry leaf and coconut, mango ginger, banana and mangoes etc. There is even one in a chai biscuit flavour.

Says Chaitanya about his enterprise, “My mission is to establish a reputation for Indian cacao and craft chocolate. We are not the bean-to-bar variety. I want to deconstruct and create an evolved product where we start before the bean and go beyond the bar.”

To ensure that his products meet the highest standards on all fronts, Chaitanya has been certified for Level 1, 2 and 3 in Chocolate Tasting by the International Institute of Chocolate and Cacao Tasting (IICCT, USA). He is India’s first Level 3 Certified Chocolate Taster. But he adds that his chefs too have got the certification so he is no longer the only one.

 The Winning Taste

In keeping with his vision, Manam Chocolate has 300 products in 50 categories. While the Hyderabad outlet sees footfalls aplenty, and the website delivers all over India, Chaitanya wants to expand to multiple Indian cities over the next three years. Currently, Distinct Origins works with 150 farmers and a cacao cultivation area of 3000 acres.

His efforts have paid off stupendously. Manam Chocolate won 17 awards at the prestigious World Chocolate Awards held by the Academy of Chocolate, UK. In less than 100 days since their launch in August 2023, Manam was declared the overall winner in the brand experience category, among more than 1400 international entries. They also won one gold, ten silver and five bronze awards for their 66% Dark Chocolate (Single Origin, Idukki, Kerala), 65% Dark Chocolate (Single Origin Cacao San Carlos Plain, Northern Region of Costa Rica), 67% Dark Chocolate (Single Origin – House Fermented Cacao – West Godavari) among others. It is an accomplishment given that the best cacao for craft chocolate has till now been associated with Ghana, the Ivory Coast, Ecuador, Peru, Honduras, and Vietnam. Says Chaitanya about the sizeable victories, “The awards are more a sensorial evaluation of the product. The unique thing about cacao is that you can trace it back to the tree from a flavour standpoint.”

Chaitanya Muppala | Manam Chocolates | Global Indian

Chaitanya Muppala is putting Indian craft chocolate on the world map. Photo courtesy: Daksh Chindalia.

Another feather in the company’s cap is that Manan Chocolate featured as an exciting new place to visit in Time magazine’s annual list of the World’s Greatest Places 2024.

A believer in pushing the limits, his next project involves getting into the genetics of Indian cacao. “I want to take Indian chocolate to the world,” Chaitanya concludes. He seems to be on track in achieving this goal already.

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  • Indian cacao
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Published on 01, Sep 2024

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/span>Global Indian, he elaborates:

Chocolates in India have been made by big players in the industry for decades. I have tried to revolutionise the concept of made-in-India chocolates in the sense that the ingredients (cocoa beans) that we use for chocolate making are being sourced from Indian farms instead of being imported from outside - Nitin Chordia

That’s what makes his chocolates unique in comparison to the popular brands that have been ruling the market for years now.   

[caption id="attachment_29430" align="aligncenter" width="788"]Indian Entrepreneur | Nitin Chordia | Global Indian Cocoa pods on a cacao tree in the farm - cocoa beans are inside these pods[/caption]

Having begun just a few years back, the revolution ushered by Nitin is ‘benefitting the farmers cultivating cocoa beans in India’ and it’s the most satisfying part of the business for him. Talking about the second satisfying aspect, “I can assure you that no child labour is involved in cocoa farming in India, unlike in some other countries,” says the bean-to-bar chocolate maker.  

What’s bean-to-bar chocolate making? 

A question that’s often posed to Nitin. “Many big companies that make and sell chocolates in India just do the last mile thing, buying chocolate slabs, adding fruits and nuts, and giving them shapes and packaging.” While the bean-to-bar chocolate makers like Nitin are involved in the process right from the beginning – cocoa beans cultivated by the farmers on the cacao trees,” he explains.  

[caption id="attachment_29458" align="alignnone" width="1040"]Indian Entrepreneur | Nitin Chordia | Global Indian From bean to bar[/caption]

However, big brands, on the other hand, follow cocoa liquor-to-bar or mass-to-bar chocolate production processes. “All they do is buy chocolate paste which is known as cocoa liquor or cocoa mass, bypassing several processes like dealing with the farmers, trying to select the best fruit, getting the cocoa beans fermented, dried, roasted and then turned into paste. They outsource the initial processes,” tells Nitin. Such has been his close association with the farmers that he often sees himself getting into the shoes of the mentor for them to ensure quality produce. 

[caption id="attachment_29435" align="aligncenter" width="923"]Indian Entrepreneur | Nitin Chordia | Global Indian Interaction session with cocoa farmers[/caption]

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[caption id="attachment_29436" align="alignnone" width="1029"]Indian Entrepreneur | Nitin Chordia | Global Indian Nitin conducting a chocolate appreciation session[/caption]

Nitin hails from a family that has been into entrepreneurship since generations, and to be in that space was his ultimate goal as well. However, he wanted to dabble in something new as opposed to his family business in trading, finance and real estate. That’s when he decided to pursue an M Sc in retail management from University of Surrey and later worked for a couple of retail consultancy firms with the plan to eventually foray into entrepreneurship one day. 

Expensive lessons  

Over the years, Nitin found himself intrigued by the world of chocolates, a business domain he was keen to explore. However, he wanted to do some research before soaking into the world of entrepreneurship, and that’s when he decided to go on a backpacking trip to Belgium, the European Mecca for chocolate. “It took me 20-days to discover that thousands of chocolate sellers actually don’t make chocolates at all. They don’t go to cocoa farms, they don’t buy cocoa fruit, they don’t process or make chocolate in bulk. All they do is buy slabs of chocolate from some manufacturer, put some nuts into it and sell.” This discovery was a gamechanger for Nitin as for him ‘a myth got uncovered.’ 

[caption id="attachment_29448" align="alignnone" width="1079"]Indian Entrepreneur | Nitin Chordia | Global Indian Nitin in one of the sessions abroad[/caption]

However, there was more as it was on the same trip that he met his mentor Martin Christy, who runs the International Institute of Chocolate and Cacao Tasting in the UK, the only institution of its kind and affiliated to the Government. “We happened to meet in a chocolate museum. Within two weeks, I was back attending a chocolate tasting certification course at his institute, becoming India’s first certified chocolate taster,” Nitin tells. After a few months of clearing the first certification level, he returned for level two getting assured that the chocolate business has huge potential to click. Martin became his mentor.  

[caption id="attachment_29469" align="aligncenter" width="877"] Fermented cocoa beans - in the process of chocolate production[/caption]

“People had just started understanding speciality tea, coffee, wine but chocolates had never been spoken about,” and he got determined to bring his discoveries and gained knowledge to the forefront.  

Making a difference  

There were some people making bean-to-bar chocolates at a very small scale in India in places like Puducherry and Mysuru, but the practice was not popular - Nitin Chordia

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[caption id="attachment_29432" align="alignnone" width="1006"]Indian Entrepreneur | Nitin Chordia | Global Indian Nitin at one of the training sessions at Cocoashala[/caption]

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[caption id="attachment_29466" align="alignnone" width="1193"] Different types of cocoa pods[/caption]

All the entrepreneurs whom Nitin has mentored have been sourcing cocoa beans from farmers in Karnataka, Kerala, Andhra and Tamil Nadu, giving a boost to the economy.  

Strong partnership  

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[caption id="attachment_29442" align="alignnone" width="930"]Indian Entrepreneur | Nitin Chordia | Global Indian Nitin with his wife, Poonam Chordia[/caption]

Once Cocoashala got stable, they started Kocoatrait in 2019, manufacturing chocolates and coming up with the end product with an all-women’s team. “Poonam is the brain, soul and heart behind the Kocoatrait brand,” Nitin says. The couple has been working diligently to let the quality of the products and services do all the talking. “We do not engage in any advertising and PR,” he remarks.  

Measuring success 

The only way Nitin and Poonam measure success is through the fact that they have saved more than 200 kgs of single use plastic from entering landfills. Their chocolate brand does not use paper or plastic in packaging.

The wrappers are biodegradable, compostable, recyclable, and upcycled in the first place. They are made with cocoa shells which are a by-product of our roasting process that would have otherwise gone into landfill. Apart from that, cotton waste generated by the garment industry in places like Coimbatore is being used for making the wrappers - Nitin Chordia

To compete with established brands is hardly the goal for Nitin. He finds happiness in the fact that he has been able to drive in the point that India is capable of producing internationally acceptable chocolates with Indian-origin ingredients.

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/2023/07/raqib-card-1.jpg" alt="Raqib Shaw | Global Indian | Indian Artist" width="707" height="353" /> Raqib Shaw is a London-based Indian artist.[/caption]

Vagabond - Kashmir to Delhi to London

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A post shared by Raqib Shaw (@raqibshawstudio)

The unrest drove the Shaws to New Delhi in 1992, where the painter completed the last two years of his education. However, being a Muslim in a Hindu state school was quite difficult for this then 17-year-old who was bullied extensively. Amid the browbeating, Raqib found solace in his family business that ranged from interior design, architecture, jewellery to antiques and carpets. This brought him closer to the many beautiful 'Made in India' things.

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View this post on Instagram

 

A post shared by Raqib Shaw (@raqibshawstudio)

In 1998, he enrolled at Central Saint Martins School of Art for his Bachelors in Arts but not without the the dismissive cries of his family, who eventually disowned him for pursuing something beyond the realm of their family business. "I wanted to escape my situation, and I was in love with the modernist, romantic idea of the so-called struggling artist. So I squatted in Hackney Wick, in Percy Dalton’s Peanut Factory where I lived from 1998 to 2003," he revealed.

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[caption id="attachment_12405" align="aligncenter" width="807"]The Garden of Earthly Delights III The Garden of Earthly Delights III by Raqib Shaw[/caption]

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from the West, even though the local favourite cottage cheese (paneer) finds pride of place in most households. The more gourmet varieties are a tad exclusive. As a cheese artisan who has put India on the world cheese map, Narang, has been dedicated in learning the craft for a few years. She began her initial training at informal workshops in Italy where she heard about the World Cheese Awards for the first time in 2019. Learning and fine-tuning her skills at two Italian creameries, she was on song. “I thought, ‘Why can’t any Indian cheese maker participate?’” she tells Global Indian. The self-taught cheese maker who has no formal course in cheesemaking, was helped with the insights she got in Italy. Today, Mausam is enthused and proud of her handcrafted brunost.

When the world slowly started opening up in 2020 after the first wave of Covid-19, Mausam got her hands wet in the whey, literally, with the awards on her mind.
The World Cheese Awards are a platform to identify varieties of cheese from across the world, that are then judged by technical experts, buyers, retailers and food writers. This year, India-crafted cheese sat pretty confident with the other 4,000 entries from 45 countries. Then it was down to business – as 230 judges went on their tasting and observation medley and chanced upon this Indian-made brunost. That Narang was among the winners was monumental, and she inadvertently opened the doors for other Indian cheese makers with her delicious brown cheese. “I was ecstatic when I heard the news. It was a huge moment for all Indian cheese artisans,” she says.

[caption id="attachment_17109" align="aligncenter" width="632"]Cheese Cheese by Eleftheria[/caption]

As for the coveted brunost, it has a unique taste, “That’s quite like a fusion of khoya (milk cake), the traditional Indian milk solid and whey,” she explains.

Prepared from discarded whey, brunost was already a well-known cheese when Narang experimented with it. It took her a few weeks to perfect the texture and flavour of the brown cheese. “It was exciting to do that. The cheese is also unique to the Indian market. It tastes almost like salted caramel milk fudge. Brunost goes well with your morning breakfast of toast and pancakes too,” she suggests.

How the “umami” came together

Narang's interest in fromage began nine years ago. Working at Capgemini, she missed her comfort food of bread and cheese from her years at Birmingham, which is also where she first fell in love with a wide variety of cheese. “Back then, my fridge had a huge collection,” she smiles.

When she came back to Mumbai, Mausam baked bread and crafted homemade cheese to complement her loaves. An idea that began with an inherent urge to taste good cheese, her passion saw her parents wondering where to store the cheese she was churning out. “My parents are very supportive, but they were worried about the amount of cheese I was making during weekends. We Indians don't learn about cheese-making from our forefathers. Similarly, my parents were clueless,” she laughs. After a great response for her milk-laden bites from loved ones, she decided to quit corporate life to pursue cheese and became a true turophile and cheesemonger.

[caption id="attachment_17113" align="aligncenter" width="450"]Mausam Narang Mausam Narang[/caption]

The freedom to “cheese”

Eleftheria, her brand was born in 2015, which is the Greek word for “freedom.” She tackled it with the same spirit. Three years of R&D on cheese making, creating new varieties, attending workshops and meeting fromagers - she was ready with the artisanal Eleftheria. The micro creamery in Mumbai’s north-east suburbs supplies artisanal cheese to over 50 restaurants across Mumbai, Pune, Calcutta, Bengaluru, Delhi, etc. It is also available at Foodhall. “We plan to expand to Chennai soon,” she adds. What started as a venture with two people, is now 25 staff strong. A 150 gm brunost costs Rs 350, 200 gm burrata Rs 400 and 200 gm mozzarella is Rs 350.

The resourceful fromagere is at the creamery every morning when the first milk arrives. “I don't like getting up early, but the milk forces me,” she laughs. She personally monitors the quality and processes.

One thing that cheese has taught Narang is patience. “The craft teaches you to be patient. Milk is the main ingredient and it's so tricky, especially when preparing a fermented product. You have to be very careful, and never give up. With lots of patience, you can achieve great results,” she says. Her personal favourite cheese is a well-aged cloth bound traditional cheddar.

https://www.youtube.com/watch?v=qSDaKp0uX0o

Chuffed about flying the Indian flag high, she is hopeful, “India is not that big for cheese artisans, but the number is increasing steadily. People are travelling and have developed a palate and now know about different food combinations. I feel a lot of cheese makers will come up from India in the next five to six years,” says cheese story teller.

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Actor | Mahesh Sriram | Global Indian

However, the path to pursuing his passion was not without its difficulties. Breaking into the entertainment industry, especially on an international level, requires determination and resilience. The competition is intense, and facing rejection is part of the journey. However, Mahesh is nothing but persistent. “I firmly believe that challenges are just opportunities for growth and use them as stepping stones to improve my skills and refine my craft.” the actor shares.

Adapting to different cultures, languages, and work environments as an international actor presented its own set of challenges. But Mahesh embraced the learning process, as it allowed him to gain valuable experiences and broaden his horizons as both an individual and a performer. Despite the ups and downs, the love for storytelling and the desire to connect with audiences around the world have held the actor in good stead.

Making his mark

Mahesh started as a model and the transition to movies happened gradually leading to roles in commercials and eventually in Hollywood movies. “While both professions involve the camera, acting allows for a deeper exploration of characters and emotions, making it a more immersive and challenging experience compared to modeling.” the actor shares.

The actor is chuffed to get a chance to work with Hollywood studios like Barbie by Warner Brothers and Haunted Mansion by Disney. The actor shares, “Being a part of projects alongside well-known Hollywood stars was a true testament to the hard work and dedication I've put into my craft. Those moments motivated me to continue pushing myself to new heights. They serve as a constant reminder of how far I've come and the incredible opportunities that lie ahead in my journey as an actor in the world of movies.”

Actor | Mahesh Sriram | Global Indian

Working in Hollywood can be a competitive and unpredictable journey, but the actor takes everything in his stride. “Breaking into Hollywood as an actor from Asia was indeed challenging,” the actor confesses before adding, “Regardless of where you come from, the journey is tough until you make it. Being from a different country required me to put in extra effort to understand the industry. However, Hollywood appreciates professionalism and talent, and I always give my best in every production.”

Hyderabad to Hollywood

Asian actors are usually pigeonholed in the West as exotic and restricted to playing certain characters. The actor nods and ponders before answering, “It's true that typecasting can be a concern for Asian actors in the West. However, the evolving landscape of the entertainment industry, particularly with the rise of OTT platforms and global cinemas, has brought about positive changes. Audiences and directors are now able to see Asian actors in more pivotal and diverse roles, moving away from traditional typecasting and limitations.”

Actor | Mahesh Sriram | Global Indian

Mahesh aims to continue pushing boundaries and taking on roles that challenge perceptions and showcase the depth and range of Asian actors. He says, “By choosing roles that resonate with me and staying true to my passion for acting, I hope to contribute to changing the narrative and paving the way for more opportunities for Asian actors in the industry.” By embracing the changing dynamics of the entertainment world, the actor is breaking stereotypes with his work and representing the diversity and talent of Asian actors on the global stage.

Unfolding narrative

Each opportunity allows the actor to push boundaries and be the best version of the performer he can be. He adds, “Every project I undertake becomes a high point in my career as I embrace the challenge and strive to learn and grow from each experience.” He wants to explore his craft further by taking on interesting and challenging roles. “Each new project presents a fresh chance to showcase my skills and contribute to the world of entertainment. I'm eager to continue my journey in the industry, taking on new challenges, and delivering performances that leave a lasting impact on audiences worldwide,” the actor explains.

Actor | Mahesh Sriram | Global Indian

Given his background in India and proficiency in multiple languages, Mahesh is open to working in Tollywood and Bollywood projects. The actor signs off saying. “Acting in Indian films has always been close to my heart, and I cherish the rich storytelling and diverse characters that these industries offer. As I continue to grow as an actor, I eagerly look forward to bringing my skills and experiences to Indian cinema and contributing to meaningful and entertaining projects. So, yes, you can expect to see me in some exciting Indian films in the future!”

  • Follow Mahesh Sriram on Facebook, Instagram, YouTube and his website

Reading Time: 6 mins

Story
The metaverse paradox & how Indians are rolling up their sleeves

Web3 and metaverse are garnering mixed reactions from tech experts, but innovative Indians are going for the kill... (February 16, 2022) In just the past two weeks, the who’s who of the tech world including Alphabet, Facebook owner Meta, Microsoft and many others have committed themselves to investing and innovating in Web3 and metaverse. For starters, Web3 is a futuristic, democratic and decentralised way of using and leveraging the internet, while metaverse is a virtual world built within Web3. Global Indian decodes. The breathless boosterism around blockchain and related technologies is setting up for a crash. - Tim O'Reilly, founder, O'Reilly Media Red alert [caption id="attachment_19999" align="alignright" width="180"] Tim O'Reilly, founder, O'Reilly Media[/caption] But the godfather of the internet Tim O’Reilly, who created the world’s first website and coined the term ‘Web 2.0’ is sounding loud alarm bells. He has gone on record stating things rather bluntly and believes that the Web3 movement reeks of the pre- Web 2.0 dotcom bust. In his words, “The breathless boosterism around blockchain and related technologies is setting up for a crash.” With sky-high valuations of startups, and the hullabaloo around these technologies, he believes that it is premature to celebrate. He recently told

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O’Reilly, who created the world’s first website and coined the term ‘Web 2.0’ is sounding loud alarm bells. He has gone on record stating things rather bluntly and believes that the Web3 movement reeks of the pre- Web 2.0 dotcom bust. In his words, “The breathless boosterism around blockchain and related technologies is setting up for a crash.” With sky-high valuations of startups, and the hullabaloo around these technologies, he believes that it is premature to celebrate. He recently told Forbes, “Just like the pre-Web 2.0 days, we are seeing an incredible valuation bubble that’s really not ready for prime time. It’s like we are in 1983 with Web3, and we have a long way to go. We will not realise its feasibility until the current bubble bursts, and for now, we are just in the middle of the Web 2.0 bubble.” His forecast about metaverse revolution is scarier. He believes that metaverse is probably a decade or more away from being really useful. In other words, theoretically, it’s all bright and sunny, but in terms of real-world use, these technologies might be far away from seeing light of day.

 

… but Indian innovators are playing bold

As though operating in a parallel universe (or metaverse), Indian origin innovators are rapidly embracing the metaverse, Web3, crypto and all the auxiliary technologies that form the new-age tech bubble.

Giving wings to metaverse dreams

[caption id="attachment_20002" align="alignleft" width="169"]Metaverse | Web3 | Blockchain | Cybersecurity Nikil Viswanathan, co-founder, CEO, Alchemy[/caption]

Nikil Viswanathan is the gang leader of enthusiasts embracing these modern technologies. Having started his professional career as a programme management intern in 2008 at Microsoft, the 34-year-old is today co-founder and CEO, Alchemy, the first and biggest developer platform for Web3 applications. His career graph includes names like Google, Facebook, teaching at Stanford University, and a handful of startup founding endeavours. Recently, Alchemy announced that it raised a $200 million equity round funded by an array of existing and new investors. The company boasts of a client list that includes the biggest names in the industry. Just four months ago, Alchemy had raised $250 million funding, making it one of the fastest turnaround success stories with an Indian at the helm. Alchemy is fast realising its mission to “building a decentralised superhighway, accelerating the speed of the countless blockchain, NFT and crypto projects – ultimately sparking Web3’s wildfire growth.” Nikil envisions a future where developers across the world help realise their metaverse dreams.

 

Finding love in the metaverse revolution

[caption id="attachment_20000" align="alignright" width="165"]Metaverse | Web3 | Blockchain | Cybersecurity Shar Dubey, CEO, Match Group[/caption]

Metaverse has found a romantic connection with IIT Kharagpur Class of 1993, the Ohio State University, and Texas Instruments. It is that of Shar Dubey (Short for Sharmistha), who was born in Jamshedpur, and was Sundar Pichai’s classmate back in the day. Today, Shar is the CEO of the $40 billion Match Group conglomerate, the owners of Tinder, OKCupid, Hinge, PlentyOfFish and other dating apps. While her social anxiety during growing years was one of the guiding reasons for her to be at the helm of a virtual dating revolution, Shar was recognised as one of the 50 most influential women of 2021 by Fortune, partly because of the strong stand she took against a rather regressive abortion law passed by the Texas administration. In her most recent earnings call, Shar announced that Match sees the metaverse revolution as an opportunity for the company to fulfill its mission of helping people make ‘meaningful connections’ through the company's platform. But instead of swiping right or left, digital avatars will be interacting with each other. She stated, “Now, the technology that is relevant to our world is the one that allows us to create experiences online where people can meet each other, discover each other more serendipitously in real time through shared experiences in a way that is more akin to how they would do in real life.” In simpler words, Match hopes that its entry into the metaverse will create a virtual club where singles can mingle in rooms together in cyberspace based on mutual interests.

An ‘atmanirbhar’ future of virtual gaming

[caption id="attachment_20001" align="alignleft" width="196"]16 metaversa 5 vishnu - Rajesh Bhuddu Rajesh Dhuddu, VP and practice leader, blockchain & cybersecurity, Tech Mahindra[/caption]

In games other than romance, India is leading the way in metaverse revolution. It is estimated that the captive participation of 440 million gamers, which is 16 per cent of the worldwide gamers base of 2.7 billion, India is among the top 5 global markets in terms of user base. These statistics are driving metaverse revolution in interactive gaming according to Anjali Sosale, WaterBridge Ventures, an early-stage venture capital firm. Anjali says, “As smartphones are set to touch one billion Indians in the next five years, we hope India will become a land of not only gamers but also creators, building an ‘atmanirbhar’ metaverse.’”

 

Industry biggies joining the party

Homegrown Indian technology biggies are also questioning the alarm bells that Tim O’Reilly is sounding. And it’s not all fun and games. Recently, Tech Mahindra has been recognised for developing more than 60 blockchain-based products spanning telecom, media and entertainment, manufacturing, retail and energy. Its traceability solution for global vaccine supply, VaccineLedger was specifically impressive. The solution helps in predicting and preventing failures in supply chains, including problems related to wastage through expired vaccines, stock-outs, and counterfeiting. “As part of NXT.NOW framework, which aims to enhance ‘Human Centric Experience’, Tech Mahindra plans to focus on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer,” says Rajesh Dhuddu, VP & practice leader, blockchain & cybersecurity, Tech Mahindra,

  • Follow Tim O'Reilly on Twiiter
  • Follow Nikil Viswanathan on LinkedIn
  • Follow Match Group on LinkedIn
  • Follow Rajesh Dhuddu on LinkedIn

Reading Time: 8 mins

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About Global Indian

Global Indian – a Hero’s Journey is an online publication which showcases the journeys of Indians who went abroad and have had an impact on India. 

These journeys are meant to inspire and motivate the youth to aspire to go beyond where they were born in a spirit of adventure and discovery and return home with news ideas, capital or network that has an impact in some way for India.

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