Category: News

Funding Opportunity Upto 25 Lakhs Announced by India Accelerator for their 2nd Cohort Batch

Funding Opportunity Upto 25 Lakhs Announced by India Accelerator for their 2nd Cohort Batch     For their 2018 batch, India Accelerator will be providing a funding up to INR 25 lacs, including cash and services, to each startup to build a strong and sustainable business, with the potential to score follow-on funding after the demo day. A launch pad for early-stage technology startups, India Accelerator, has announced its opening of applications for their 2nd Cohort Batch this summer 2018 of acceleration program commencing on 21st May, 2018. It’s the only Global Accelerator Network (GAN) – partnered Accelerator in...

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Twitter co-founder invests in Delhi-based AI startup

  Biz Stone, Twitter co-founder has invested in his “personal capacity” in a Delhi-based health startup that uses an artificial intelligence-based bot in its app. He wants to contribute to a future where AI is seen as a “positive enhancement of humanity”. ‘Visit’ is an on-demand healthcare service online platform, founded in 2016, which provides its users a pool of medical specialists and general physicians to choose from for consultation. Recently, it introduced an artificial intelligence-based ‘chatbot’ that acts as a digital assistant to provide “smart help” to patients in accessing consultation from doctors. Co-founder and head of growth...

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US Government Finds ‘Make in India’ for Medical Devices Discriminatory #MakeinIndia

US Government Finds ‘Make in India’ for Medical Devices Discriminatory     The US government is unhappy with a host of Indian economic policies, which they say affect US interests, although they may benefit Indian consumers and manufacturers. On March 30, the United States Trade Representative (USTR) released their annual report titled the ‘2018 National Trade Estimates’ (NTE). In a 17-page chapter on India, the US said that the ‘Make in India’ policy was “discriminatory” and that the Goods and Service Tax and other tariffs “impede imports of US products into India.” With regard to ‘Make in India,’ the...

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Qualcomm Design in India Challenge – 2018

Qualcomm Design in India Challenge – 2018     The Qualcomm Design in India Challenge –2018 (QDIC 2018) is a continuation of the initiative by Qualcomm that was started in 2016 to encourage design houses and product companies to invent useful and innovative hardware product designs incorporating Qualcomm chipset platforms and technologies. It has been inspired by the tremendous potential of Smart Devices and products that can be built in the domains of Smart Infrastructure, Biometric Devices, Payment Terminals, Agricultural Technology, Medical Technology and Rural IoT. With Prime Minister Narendra Modi’s vision to transform India into a digitally empowered...

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India’s biggest e-commerce deal to be sealed by Walmart as early as next week

India’s biggest e-commerce deal to be sealed by Walmart as early as next week   MUMBAI: Walmart Inc could seal a deal to buy a more than 51% stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday. For months, the US retail giant has been in talks with Flipkart  to acquire controlling stake, as it looks to take on rival Amazon.com Inc head-on in India. India’s  ecommerce market is tipped to grow to $200 billion in a decade. SoftBank Group, which owns about a fifth of Flipkart through its...

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