Muse Wearables, an Indian tech startup, founded by graduates of IIT Madras and NIT Warangal, has achieved a remarkable feat by raising $1 million USD within just four weeks for their groundbreaking smart ring, ‘Ring One This achievement, which set a world record for fundraising on the crowdfunding platform Indiegogo, marks a significant milestone in the wearable technology industry.

‘Ring One’ is said to revolutionize the wearable tech landscape as the world’s first smart ring to combine advanced health-tracking capabilities with seamless contactless payments. It distinguishes itself by utilizing NFC (Near Field Communication) for wireless charging and payments. Currently available at a special early backer price of $172, the ‘Ring One’ targets customers in nearly 30 countries through a “Direct to Consumer” business model.

Key features of the ‘Ring One’ include its advanced health tracking abilities, measuring six vital metrics with clinical-grade accuracy. These metrics include Heart Rate, Blood Oxygen, Temperature, Respiratory Rate, Heart Rate Variability, and Blood Pressure, with the notable addition of cuff-less blood pressure measurement. This innovation sets a new standard in health monitoring technology.

The ‘Ring One’ also stands out with its contactless payment feature, forging partnerships with major payment networks like Mastercard and VISA to ensure global accessibility for payments. Its sleek and stylish design, featuring a “Turn wheel” interface, is constructed from lightweight and durable materials such as Titanium grade 2 and Ceramic (Zirconia), offering water resistance up to 100 meters.

The Company highlights that one of the most impressive aspects of ‘Ring One’ is its impressive battery life, able to last up to seven days and extend to a month with the charging case. This ensures that users can track their health and make payments without disruptions.

The global reach of ‘Ring One’ is noteworthy, as it enables contactless payments in multiple countries, including India, the USA, Canada, Europe, Australia, Singapore, and the UAE.

Muse Wearables’ CEO, Mr. K.L.N. Sai Prasanth, highlighted the unique features of ‘Ring One, such as the ‘Turn wheel’ interface and the innovative ‘Magic Glyph’ interface on the charging case, making it stand out in the smart ring market. Mrs. Prathyusha K, Co-founder and Chief Operations Officer, emphasized that their product addresses a critical need by offering an optimal way to retrieve health data, particularly during the COVID-19 pandemic.

For more information and to reserve ‘Ring One,’ you can visit their Indiegogo campaign.

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