Kolkata, October 18, 2024 — In a groundbreaking announcement that could reshape the Indian tech landscape, David Angel, CEO of Hypex Technology Limited, revealed the company’s plans to develop an all-encompassing “super app” with an unprecedented investment of 80 crore indian rupees. Based in Newtown, Kolkata, Hypex is positioning itself as a leader in India’s digital innovation, with the new app expected to become a one-stop platform for everything from e-commerce and food delivery to social media, payments, transportation, and more.

The super app, an ambitious project, is designed to integrate a wide range of services into a single interface, offering a seamless user experience across multiple sectors. Whether users are shopping for daily essentials, ordering food, booking cabs or hotel rooms, making payments, or scrolling through social media, Hypex’s super app will provide it all — including features like short-form videos, ticket bookings, news updates, and social media posts.

“We are investing 80 crore indian rupees into this project because we believe it has the potential to transform the way people live, work, and connect in India,” said David Angel during the announcement. “Our vision is to build an app that does it all, an app that simplifies life while providing convenience and connectivity, all while being 100% developed in India by Indian talent.”

A Revolutionary Step for India’s Tech Sector

David emphasized that the entire app, from its underlying architecture to its user-friendly interface, will be fully developed in India, aligning with the country’s ‘Make in India’ initiative. “India has an incredible wealth of technological talent, and it’s time we harness that to build a world-class product for our own market,” he added.

This move by Hypex Technology Limited comes at a time when super apps — platforms that combine multiple services into one — are becoming increasingly popular across Asia. While countries like China have seen massive success with apps such as WeChat, India has not yet developed a super app at this scale, and David is determined to change that.

The 80 crore INR investment reflects the scale and ambition of the project. It’s not just about offering multiple services in one app; it’s about revolutionizing the way Indians interact with digital services. The app aims to cater to millions of users across urban and rural areas, providing a range of services that cover daily necessities, entertainment, and essential transactions.

Features of the Hypex Super App

The app will include a vast array of services:

E-commerce: A marketplace for products ranging from groceries to electronics.

Food Delivery: Partnerships with local restaurants to provide fast, convenient delivery.

Payments: A digital wallet and UPI integration for smooth transactions.

Social Media: Users can post, like, share, and interact with content.

Ride-Hailing and Cab Services: Book rides to any destination, along with options for hotel and ticket bookings.

Reels and Short Videos: A dedicated section for entertainment, where users can upload and watch videos.

News and Posts: Access the latest news updates, as well as user-generated content

Other Services: Additional offerings such as bill payments, event bookings, and more.

This comprehensive range of services aims to eliminate the need for multiple apps, streamlining the user experience. The focus on integrating payment solutions within the app will allow users to seamlessly make purchases, transfer money, and even book rides without switching between apps.

A Commitment to Indian Innovation

With its base in Kolkata’s fast-growing Newtown area, Hypex Technology Limited is positioning itself at the forefront of India’s tech revolution. By developing the entire platform in India, the company is committed to creating thousands of jobs, boosting local talent, and contributing to India’s rapidly expanding digital economy.

David Angel’s leadership and vision have been central to Hypex’s rise as a tech innovator, and this latest venture is a testament to his belief in India’s potential as a global tech leader. The app is not just a commercial project; it’s a symbol of India’s growing technological capabilities and entrepreneurial spirit.

Future Impact and Expectations

Industry experts have already begun to speculate on the potential impact of this super app on India’s digital market. With its wide-ranging functionality and user-centric design, the app is expected to capture a significant share of the market, directly competing with existing apps in e-commerce, food delivery, ride-hailing, and social media sectors.

David’s vision for a fully integrated digital platform taps into the growing demand for convenience and connectivity in India. By investing INR 80 crore into the development of the super app, Hypex is not only aiming to lead in the digital services space but also setting a precedent for future innovations entirely ‘Made in India.’

The launch of the app, slated for 2025, is highly anticipated, with many projecting it to become a transformative force in India’s rapidly evolving tech industry.

About Hypex Technology Limited

Founded in Kolkata, Hypex Technology Limited has quickly emerged as one of India’s most promising tech companies. Under the leadership of CEO David Angel, the company has been dedicated to providing cutting-edge digital solutions that cater to the needs of Indian consumers. With a focus on innovation, technology, and local talent, Hypex is poised to become a major player in India’s tech ecosystem, and its super app project is the next step in its journey towards digital excellence.