Indian startups have been reliant on foreign capital, and many investors who don't have an India office fly in and fly out to cut cheques. At the height of lockdown, many thought these investors would be the last to return, given that India is often less significant for a global hedge fund during a global pandemic. … [Read more...] about Excitement is back in startup world as venture capitalists return
Healthcare startups bay area
Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time. … [Read more...] about UV air filters to holographic lift buttons, startups offer tech solutions to make offices Covid-safe
“Chinese apps could still operate, but something needed to be done about the data abuse. For Kaagaz, the app, all its data is offline. Even when we launch online storage, our cloud servers will be only in India,” Shrishrimal told Moneycontrol over the phone from Mumbai where the company is based. … [Read more...] about This Indian startup wants to be the new CamScanner, without abusing data. Will it work?
Around the same time, the director of IIT-Kanpur’s incubation centre contacted them with a list of items that would help the government fight Covid-19. After mulling over some ideas, they decided to make ventilators. “Our first concept for the ventilator was created overnight. We took it to a some doctors to further develop the idea.” says Kurele, “We decided to focus on getting the product right, even if it meant a delay in getting to the market.” … [Read more...] about Here’s how some startups have pivoted from robots for solar panels to making ventilators
In the case of the IT sector, business models have changed, from projects based on headcount to outcome-based projects. In addition, unlike earlier, the nature of projects that IT majors are now chasing is around cloud, automation and cybersecurity, which require higher skills than legacy projects such as maintenance and support need. … [Read more...] about How the job and business landscape has changed for IT, e-commerce/tech startups and BPO companies