In terms of support, EzeRx has been an incubatee at KIIT-TBI, and has also received funding from Villgro's INVENT and energy major Indian Oil Corporation, to continue its work.According to Partha, the startup is now in talks with various State governments, hospitals, and CSR partners for the adoption of its device.“The accuracy and the sensitivity of the device are not dependent on the skin colour, location and religion of the person. "(Edited by Evelyn Ratnakumar)YourStory’s Tech30 companies list is an annual selection of 30 carefully curated and disruptive tech-based startups that we believe will shape the new narrative for India and the world. To get a complete overview of the 2019 Tech30 companies list, download the Tech30 Report here.Also ReadAI can solve problems of healthcare access, improve outcomes in remote areas: Deepak Visweswari...
Coming up next is a series of meetups to help you learn from experts on Cloud Computing about scaling your business.The most successful digital transformation stories are from organizations which understand that this process is not limited to technology, but also empowering their people with the right culture, tools and processes.Here are four ways in which organizations can embrace the cloud and innovate at scale effectively in order to create value for the organisation:Maximize developer efficiency by giving them the best tools and re-usable building blocks to accelerate ideation to realizationCollaboration between developers, both internal and external, with partners and open source communities is important to accelerate developmentOrganizations need to ensure that code can be built, pass the required tests, is secure and can be deployed at any time. Alignment of new features to business objectives and the ability to track these through development, to production is also imperative
Companies built on knowledge drivers like core IP, accelerated channel capture strategies, proprietary data, and embedded networks dominate global markets. India requires several policy changes to achieve this growth rate; indeed a challenge, but it is hard to argue against having all our energies focused on getting as close as possible to this grand ambition. And then there are several companies using deep science innovation to deliver world-class products: Bugworks designs next-gen antibiotics using proprietary simulation techniques that support computational chemistry and molecular biology.AlphaICS designs semiconductor GPU chips for the next wave of AI-enabled computing breakthroughs.Kumar Abhishek and Vivek Kumar Singh, founders of ToneTagAlso ReadDeep Science for deep impact: a YourStory overview of path-breaking innovations from IndiaToneTag has revolutionised payment modalities with patented soundwave-supported communications without the internet.Pandorum produces sy
One of the shining stars of Masayoshi Son’s Vision Fund portfolio, OYO Hotels and Homes, has been expected to yield rich returns for the company. The windfall start to Uber’s public listing and WeWork’s postponement of IPO plans and ouster of CEO have created further trouble for the Japanese conglomerate SoftBank. Son told portfolio company leaders that public investors aren’t going to tolerate gimmicks, like super-voting rights or complicated share structures, that privilege founders over other stakeholders.
Swedish furnishing retailer IKEA, popular for its large-format walk in-store facilities with spacious furniture displays and inhouse restaurants, has decided to divert its strategy for growth in India. While speaking on the sidelines of the Bloomberg equality summit, IKEA India CEO Peter Betzel told reporters that after the completion of the Delhi project, the company will shift to Tier 2 cities. The entry of global brands in the sector, the emergence of large retail players and the resultant consolidation, are trends that highlight this transformation.
In accordance with India’s ambitious 5G plans, Alibaba’s subsidiary Whale Cloud, on Tuesday reportedly demonstrated a 5G operation map for the country. Whale Cloud’s official also shared that the map, giving insights on how to operate the 5G network and business effectively and speeding up returns on 5G investments, and improving core competency in the sector. “We also bring the leading technologies and practices to boost the digital economy development for industries like retail, finance, city, healthcare, education, etc,” he added.
NASDAQ-listed ride-hailing company Uber has been downsizing its global team amid mounting losses and investor attention. On Monday, the company had emailed employees saying it would cull jobs of 350 people across the world and 70% of that will be in the United States and Canada. India’s ride-hailing industry is witnessing sluggish growth, averaging 3.65 Mn rides daily, a 4% increase over last year.
It claims to help in reducing order cancellations and the manual effort required by restaurants to update their catalogue across various online platforms. UrbanPiper has clients which include Pizza Hut, McDonalds, Cafe Coffee Day, OYO, Wow Momo, Eat.Fit, Haldirams, Paradise Biryani and Chai Point. Besides the fintech sector, it has also made investments in hyperlocal services platform UrbanClap and Ola Electric, which has hit unicorn valuation in less than six months.
Sen. Elizabeth Warren’s proposal to break up big tech companies sparked the debate, but it soon evolved into a broader discussion of competition, antitrust law, and the power corporate America wields. “You get to be the umpire in the baseball game or you get to have a team but you don’t get to do both at the same time,” Warren said, repeating a common refrain she uses to explain her Big Tech proposal. “There are absolutely excesses in technology and in some cases, having them divest parts of their businesses is the right move, but we also have to be realistic that competition doesn’t solve all the problems,” Yang said.