Startups

Hong Kong: Investors based in Hong Kong are putting more money in start-ups and are increasingly looking at India as an investment option due to its strengths in areas such as information technology, a senior official has said. Jimmy Chiang, Associate Director-General InvestHK, told IANS that investors based in Hong Kong, including venture capitalists, private equity companies and family offices, were getting increasingly interested in start-ups.

The value of digital transactions nationwide declined marginally (1.5 per cent) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on electronic payments released by the Reserve Bank of India (RBI).

Bengaluru: Blueleaf Software Technologies won the Hot 100 Technologies Award for 2017, which honours startups providing unique and disruptive technology solutions that deliver real benefits and innovation. This is the third edition of the Hot 100 Technology Awards from CORE, whose knowledge partner is KPMG. 

Bengaluru: Delhi-based IoT startup CRON Systems on Tuesday announced an exclusive technology agreement with an Israeli defence robotics company to integrate its rovers with CRONs laser-guided surveillance systems. The collaboration with Automotive Robotic Industry Ltd (ARI) could significantly improve the way the nation's borders are guarded, by allowing machines to be the eyes on the ground and be the first responders and thereby reducing risk to the life of thousands of soldiers. 

Bengaluru: India's booming electronics' market is projected to more than double to $228 billion in three more years from over $100 billion in fiscal 2016-17, said the industry's trade body on Tuesday. "India's ESDM (Electronics System, Design & Manufacturing) sector is poised to reach $228 billion by 2020 from $100 billion in 2016-17, growing at 16-23 per cent annually," said a joint report of the India Electronics and Semiconductor Association (IESA) and global services firm Ernst & Young (EY) at a summit here.

Bengaluru: Caram Healthcare India Pvt Ltd has launched an Ayurvedic product, DiaMedica tablets to manage diabetes here on Monday. DiaMedica tablet contains world class rejuvenators, immuno-modulators, blood purifiers, nerving stimulants, stress modulators, mood elevators, liver and pancreas stimulants, kidney cleaning herbs, cardiac tonics, and lipid controlling herbs. “This is ideally suited for all diabetics,” said Rathnakar Kalasabail (Managing director, Caram Healthcare India Pvt. Ltd).

Bengaluru: A range of new metrology and additive manufacturing equipment by Renishaw was launched by British Deputy High Commissioner Bengaluru, Dominic McAllister on Thursday at IMTEX 2017. IMTEX is being held at Bangalore International Exhibition Centre from 26 January and will conclude on February 1.

New Delhi: With over five million BHIM apps having been downloaded, users are facing several "teething problems" that need to rectified. However, experts believe what is really required is an "awareness drive" to help the masses use the app. Launched on December 30, the Unified Payments Interface (UPI)-based BHIM, an acronym for Bharat Interface for Money, is currently available only on Google's Play Store (it is yet to make an appearance on the Apple iOS platform) -- and users have been registering their complaints there.

Bengaluru: NUMA, the leading European hub for innovation and entrepreneurship, has called for applications for season 3 of startup accelaration programme. Speaking to the media, Marie Vorgan Le Barzic, Co-founder and CEO, NUMA, said, "The startup acceleration programme is open to anyone who is at an early stage of their startup, has considerable growth potential and predominantly technological.”

Bengaluru: Guess how much Tier 2 cities in Karnataka contribute to the state’s share in India’s IT exports. A whopping Rs 4,000 crores, that is how much! It may be only 3.75 per cent per cent of the state’s entire exports worth 1.25 lakh rupees, but that is how far the Tier 2 cities have come. These amazing facts were revealed by Minister for state for IT, BT, and Tourism Priyank Kharge at the three-day Bengaluruite.Biz on Tuesday.

New Delhi: If you are among those who pre-booked the world's cheapest smartphone at Rs 251 (less than $4) and are yet to hear from its Noida-based makers, you are not alone. The promise of delivering "nearly 200,000 Freedom 251 handsets" has fallen flat and most people who booked the handset are yet to see one. After announcing that it has delivered 5,000 Freedom 251 smartphones in July, Ringing Bells Pvt Ltd said it would deliver 65,000 more to those who had booked the device in cash on delivery (COD) mode.

Bengaluru: Bengaluru-based Unocoin on Monday launched bitcoin mobile app for both iOS and Android platforms that will allow consumers to buy, sell, send, receive and store bitcoin at one place from any remote device. Bitcoin is a digital currency not produced by any government or statutory authority. It is generated by encryption techniques using peer-to-peer technology to operate. 

Bengaluru: Employers looking to increase productivity have a new option: the 'Oye10' app. The app helps industries track their employees and monitor their work hours, thereby helping firms increase their efficiency.

Kathmandu: Indian yoga guru, Swami Ramdev, on Wednesday inaugurated a Patanjali Ayurved factory in Nepal and announced he will invest over (Indian) Rs 100 billion in a decade in Nepal, to spur production and create thousands of jobs in the Himalayan state. Ramdev, who is on a week-long visit here that started on Tuesday, also assured that Patanjali will "not take away" the profit made in Nepal, but invest it back.

Bengaluru: Want to check whether your new Rs500 and Rs2000 notes are genuine? An innovative will help you do that in a most memorable way. Designed by Bara Skull Studios and launched on November 11, the Modi Keynote app starts playing a speech of PM Modi when scanned by a phone. The app available on Google play has crossed more than 8000 downloads till date. The app works only when on scanning the newly introduced notes. The highlight of that this app is does not need an active internet connection to work. Steps:

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