CXOToday has engaged in an exclusive interview with Tapan Sangal, Lead Visionary, MAI Labs.
Please brief about MAI Lab’s product portfolio.
Mai Labs is a visionary deep tech research and development company committed to engineering the next generation of public digital infrastructure. We are strategically positioned at the forefront of the evolving WEB (hybrid) landscape, actively working to seamlessly integrate the core principles and components of WEB 3 with real-world applications and infrastructure. Recognizing the challenges inherent in realizing a truly permissionless, decentralized WEB 3 ecosystem in the immediate future, Mai Labs is pioneering the development of a practical, transitional model – WEB-H (hybrid), or WEB 2.5. This approach balances innovation with practical integration, ensuring broad adoption and functionality across various sectors.
MAI Lab’s Product Portfolio
MAI Labs offers a comprehensive suite of products designed to integrate seamlessly between digital and physical worlds, leveraging its proprietary, regulated blockchain technology KALP. Our flagship product, KALP Studio, is a leading Web 3.0 development platform for building and managing blockchain applications with smart contract deployment and industry-specific solutions. Kalpify enables the tokenization of real-world assets, including real estate and commodities, ensuring compliance and security. SMART Exchanges facilitate the trading of these tokenized assets in secure, regulated environments globally. MayaaVerse provides immersive experiences for social interaction, commerce, and entertainment, supporting a wide range of integrations. MyIPR Cloud offers the world’s first IP rights management platform, protecting and monetizing creators’ ideas. Lastly, NiftiQ is a digital asset marketplace for trading digital art and collectibles with blockchain-based ownership verification. Together, these products enhance security, transparency, and efficiency across multiple industries, making MAI Labs a leader in innovative, regulatory-compliant digital public infrastructure.
KALP is an innovative approach offering a regulatory-compliant, decentralized and comprehensive digital public infrastructure specifically designed to align with regulations across jurisdictions, Globally.
What’s the vision and mission of your company?
At MAI Labs, our vision is to make advanced technology accessible to everyone and seamlessly integrated into daily life. Our mission is to innovate in blockchain, smart contracts, and immersive experiences to build a secure, transparent, and compliant world. We aim to create an inclusive ecosystem where people can create, learn, earn, entertain, communicate, and transact securely. We believe in making advanced technology accessible to all, fostering continuous innovation, ensuring trust through transparency and compliance, and promoting collaboration and teamwork. Our commitment is to drive global innovation and success through these principles.
Who are the customers that you are targeting?
We aim to cater both B2B and B2C markets with our diverse products.
Our Product Portfolio
KALP Studio serves blockchain developers, enterprises, and technology consultants by providing a robust platform for building and scaling decentralized applications and blockchain networks. Enterprises across sectors like supply chain, financial services, and government applications benefit from our comprehensive solutions, while technology consultants leverage our platform to advise clients on blockchain adoption.
Kalpify targets asset owners, financial institutions, and regulatory bodies. Asset owners can unlock liquidity and access new markets by tokenizing their real-world assets such as real estate and intellectual property. Financial institutions, including banks and investment firms, can offer tokenized asset products to their clients, while regulatory bodies explore the potential of tokenized assets within compliant frameworks.
SMART Exchanges are designed for retail and institutional investors, as well as brokers and dealers. Retail investors can trade tokenized real-world assets securely, while institutional investors like hedge funds seek exposure to these assets. Brokers and dealers facilitate these trades, enhancing market accessibility.
MayaaVerse focuses on consumers, brands, and content creators. Consumers seek immersive experiences for social interaction, entertainment, shopping, and work. Brands and retailers use our platform to engage with customers innovatively in the metaverse. Content creators, including artists and musicians, showcase their work and build communities in this virtual space.
MyIPR Cloud supports IP law firms, IP management companies, and creators and inventors. IP law firms and management companies use our secure platform to manage intellectual property portfolios and workflows efficiently. Creators and inventors protect and monetize their intellectual property rights, ensuring robust IP management.
NiftiQ caters to digital artists, collectors, and investors. Digital artists and creators sell unique digital assets like art and collectibles, while collectors acquire and trade these assets for personal collections or investment purposes. Investors diversify their portfolios with digital assets, and gaming and metaverse platforms integrate these assets into their virtual worlds, enhancing user experiences.
This strategic alignment ensures that MAI Labs effectively meets the needs of a wide range of customers, driving innovation and growth across global markets.
What is the company’s growth strategy or go-to-market approach?
At MAI Labs, our growth strategy is centered on innovation. We leverage our unique offerings in DPI blockchain technology, immersive experiences, and smart contracts to penetrate new markets and expand our customer base. We focus on sectors requiring high security, regulatory compliance, and immersive digital experiences. Our go-to-market approach involves understanding specific sector needs and tailoring our solutions accordingly. By targeting sectors like finance, real estate, healthcare, entertainment, and education, we deliver customized, high-impact solutions. We emphasize intellectual property protection through MyIPR Cloud, asset fractionalization and trading via Kalpify and SMART Exchanges, and pioneering immersive digital commerce with MayaaVerse. Our strategy ensures innovative product distribution, alignment with payment norms, and substantial earnings from our smart exchanges and other platforms, positioning us as a leader in digital and immersive technology.
How many employees do you have in India and globally?
We have a strong team of more than 300 professionals across Globe. Our global footprint allows us to effectively operate across various markets, benefiting from the collective skills of our dedicated team members. This broad network enables us to offer outstanding services and solutions to our clients globally. As we continue to grow and adapt, our team is dedicated to delivering unmatched support and excellence in all aspects of our work. Join us in recognizing the power of our diverse and dynamic workforce as we aim for global innovation and success.
How is the rapid integration of blockchain technology across diverse industries shaping India’s technological landscape?
Blockchain technology is becoming essential in many industries due to its improved security, efficiency, and trust. Despite challenges like integration complexities and regulatory issues, our blockchain Kalp- a decentralised digital public infrastructure , aims to redefine these aspects of blockchain.
India’s large developer base has attracted leading Web3 firms, fostering innovation and growth. As per a 2022 NASSCOM report, India’s active web3 community received over $1.5 billion in funding between 2021 and 2022. India’s use of blockchain technology in public administration is a big step towards modernization and efficiency. Clear regulations are needed to accelerate this progress, facilitating quicker implementation and wider adoption of blockchain technology, reshaping India’s technological landscape.
