The electronics manufacturer has already invested in Ineda Systems and has reportedly attempted to launch talks with at least 10 early stage companies in all.

Korea-based electronics corporation Samsung has reportedly approached “at least 10” India-based internet of things (IoT) startups to form partnerships, Indian daily Economic Times reported on Wednesday.

Wearable device maker SenseGiz is one of the firms Samsung has contacted, co-founder Abhishek Latthe told ET, explaining that Samsung was interested in an element of the technology rather than the watch itself.

Analysts believe Samsung sees India as a tester market for the company as it seeks to develop a technology offering that…