Smart Rings & India - A technological connection through health and investment

India, a land of opportunities has always been an early adopter for new technologies be it mobile phones, smart watches or any other fitness trackers that aim in the direction of health improvement KPI.

We all know that India is the most populous country in the world today and also the disease capital with many of the young population going through all major ailments like Diabetes, Cardiac, Cancer etc. This brings a positive point for us to invest in and adopt to the technologies that help us mitigate them at the early stages.

We have seen the adoption and welcoming of the related electronic industry via Apple Watch, Apple iPhones, Noise, Boat, Garmin, Fitbit, Google Watch selling in high numbers with a major chunk of it being Indians as customers either as early adopters and also for their regular health record keeping in right direction, Smart Ring is the new addition and is already making waves into human health and tech ecosystem redefining the way we look at our metrics and adapt to the changes.

India, today has opened its doors for business for global players in the Smart Fitness rings and lets look at the several options that we have to experiment and evolve in the future tech as beta tech testers shaping its future growth for the product managers to incorporate the new features.

1. Ring One - One of the latest entrant in the Indian market with superb features and unique design that defines its jewelry look, features and payment capabilities where it can be used to pay for your bills.This is one of the most sought ring today with its super affordable price of around 18999 INR but was available for 11999 INR as an super early bird pricing few days back...This can be used in POS machines too for making payments via NFC and saved credit card details upto 5000 INR without any PIN with security features added.

Click here for more details about RING ONE.

2. Bonatra Smart Ring

Bonatra Smart Ring is relatively been in market for long time and selling the smart ring, company itself is into health monitoring and metrics along with wellness coaching services with Continuous Glucose Monitoring (CGM) being their star product for long time.

This product has temperature sensor, heart rate sensor and sleep monitoring capabilities that add value to the ecosystem along with their application and other services.

Click here to get more information.

3. NOISE LUNA RING

New entrant to the Smart Ring Sector is Noise Company that is predominant in making smart watches and other gadgets that define our lifestyle, it comes with usual features and no extra perks other than the fitness tracking.

Click here for more information.

4. BOAT Smart Ring

BOAT recently ventured into the smart ring business and they were one of the firsts to get give offerings as a mass market product in the form of Smart Ring, one of the key features that makes them unique is the swiping feature to change music and other apps that is configurable via the companion application in the mobile.

Click here for more information

5. 7 RING

Another entrant to the smart ring ecosystem is the 7 RING that is specifically made for the fintech industry and can be used for payment solutions.

This uses a wallet of its own linked to the companion application that keeps you safe and doesn't need any power to get the transaction going, also no need to feed in any credit card information in case of having fear of losing to frauds.

Also, the transaction time is faster compared to other types if you're on the go.

Click here for more information

6. DHYANA Wellness Ring

Smart ring linked to meditation, mindfulness and wellness backed by the Olympians & was the official wellness gadget partner to The Indian Olympic Association and this is more inclined towards the mental growth giving a new dimension to the smart ring usage and the ecosystem

Click here for more information

7. PI RING

One of the first pioneers bringing the smart ring to India in 2021 & having all the fitness tracking features that help in your well being.

Click here for more information

NOTABLE MENTIONS

1. Ultrahuman Ring AIR One of the most accurate in the metrics as found by many but burns a huge hole in the pocket because of the cost in INDIA.

2. McLear Ring

Another payment oriented Smart Ring not available in India, but has great potential to make a great business in India.

3. OURA RING

Another popular Ring in the market today mainly available in North America with upwards of $299, not available in India.

4. EVIE RING

One of the latest entrant to the Smart Ring market with exclusive design made for women & capability to track the health specific to women, available for sale from 20th Nov 2023

Things that can work in India favor with this technology include:

India, as we know is one of the fastest growing country in the World wrt economy and also in the digital payment segment, hence a ring like this will help us bring up the numbers more and encourage more cashless payment in the merchants.

India, also is a jewelry and beauty oriented market with lot of gold, platinum and silver fetish for the people and also invest in different metals. As all we wear the rings, this can be another way we are able to manage the health and also with better design language and aesthetics - we are investing in the ring along with the fitness features.

As an Early adopter of technology, India will also be able to contribute on the R&D side making its Make in India program more valuable & investments from companies coming in to nurture excitement to try innovations.

This will also help us to simplify the digitization of Electronic Health Records fueling the growth of the new approach to our medical data safety.

This is a starting phase and we are yet to see the influx of the big players like Lenovo, Samsung, Apple etc come onto the mainstream market with their competitive designs.

Only time will decide, how we can help improve fitness through technology.

If missed any prominent brands having exceptional features in their Smart Ring, do add it in the comments section!