NASSCOM has shortlisted and advanced Pinmicro to the 2nd round of NIPP Retailtech Challenge 2021

Kochi, June 18th 2021

Pinmicro has been shortlisted for the next round of the NIPP Retailtech Challenge 2021, for the use case: Unilever – Retail Operations. The challenge is to provide a solution for optimizing and enhancing retail operations and experience for the shopper as well as the store owner.

The next steps for the challenge will involve two rounds which will be a use case submission and a pitch deck submission. The results of the 2nd round are expected to be announced on the 1st week of July 2021.

Indian Retail is paving its way into the next era of retail evolution – Retail 4.0. With Pinmicro’s industry agnostic real-time location analytics solution, we’ve created powerful use cases that can solve a plethora of real-world problems in the retail industry that are aligned with business strategy which opens up new possibilities, business growth and decisions..”, Ravindranath A V, CEO, India, EMEA and Americas.

NIPP RetailTech Challenge 2021 scouts for the most promising and upcoming Retail-tech startups with an aim to foster engagement between corporates and innovative technology ventures by connecting emerging solutions with existing industry problems in the Retail industry. The challenge will create a comprehensive forum for enterprises and start-ups to come together and explore new opportunities for ideation and collaboration.

Additional References

For more information on Pinmicro and how its solutions drive business transformation please visit https://pinmicro.com/

About Pinmicro

Headquartered in Tokyo, Japan Pinmicro is a global provider of IoT-based Real-Time Location Solutions (RTLS) that range from high-precision BLE and UWB hardware beacons to enterprise-scale cloud-native analytics. Our vision is to help enhance the business performance of our customers by locating, monitoring and analyzing resources in real-time. Our location intelligence solutions accelerate digital transformation across business domains including retail, education, manufacturing, event management, O2O, facility operations and smart workspaces. In addition to technical excellence providing the world’s best RTLS platform, and consistently delivering innovative yet affordable solutions, delighting our customers with a customer-first mindset is what we do best at Pinmicro.

Safe Harbor

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. In addition, please note that the date of this press release is June 18, 2021, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

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