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Medical Devices Startups Look To Ride Healthtech Wave As Regulatory Barriers Lower !!

Medical Devices Startups Look To Ride Healthtech Wave As Regulatory Barriers Lower !!

With the shifting market in dynamics caused by Covid-19 pandemic, pretty much everything is in overhaul mode. Within the burgeoning health tech ecosystem, the medical devices market is also witnessing a dramatic shift as policies are being changed to accommodate the high demand. But at the same time, it also becomes crucial for medical device manufacturers, hospitals, research institutions and regulators to validate medical devices thoroughly for safety, reliability and quality, thereby following stringent testing protocols, safety measures and ethical approval processes.  So the industry is currently balancing the seemingly…

Startups turn to venture debt funds instead of diluting equity !!

Startups turn to venture debt funds instead of diluting equity !!

The Covid-19-forced lockdown and the resultant sluggishness in the economy have spurred startup entrepreneurs to fortify their capital structure & streamline finances. With equity funding becoming dearer, venture debt is becoming the go-to option. “Between March & May, some 180 startups approached us for funding – and a good number of them are companies in growth stage,” said Ishpreet Singh Gandhi, founder of Stride Ventures, a venture debt asset manager. Most venture debt fund managers have witnessed “a tidal wave of funding requests” in the past two months. Stride closed four deals…

API startup Postman in talks with Insight Partners to raise new funds at $2 billion !!

Software as a Service (SaaS) company Postman is in advanced talks with New York-based investment fund Insight Partners to raise around $150 million at a valuation of $2 billion, two people in the know of the deal details said. Postman is a collaboration platform for managing, developing and testing application programme interfaces (APIs). APIs are a set of tools for building applications used by software developers. Postman, among the buzziest Indian SaaS companies, was valued at $350 million just a year ago, and if the deal goes through it will be one of the biggest…

SpaceX Crew Dragon Delivers Two Astronauts to International Space Station !!!

Around 24 hours after launching from Florida, SpaceX’s Crew Dragon capsule delivered NASA astronauts”Bob Behnken” & “Doug Hurley” to the International Space Station on Sunday, marking the first US space capsule to do so with a crew since 2011. The space station’s current crew welcomed them aboard with the hugs and handshakes on schedule at 1:25pm EDT (10:55pm IST), after executing the critical spacecraft docking milestone and kicking off the crew’s potentially months-long stay in the orbital laboratory. Applause could be heard from the station’s downlink to mission control in…

INTERNET OF THINGS: A SIMPLE EXPLANATION

The internet isn’t just about computers or cell phones anymore. Now a days, all kinds of everyday objects can connect to the internet including cars, air conditioners, microwave and even your shoes. This is called as the Internet of Things. One might wonder why we need to connect our shoes to the internet. Well the answer is that shoes when connected to the internet have the ability to collect the number steps you took while jogging this morning or while going for work and can send the data to another…

ORGANIC ELECTRONICS PAVING THE WAY FOR A SUBTLE FUTURE

OLED-displays is one example which is in the game and already on the market as well, for example in the latest generation of Smartphones, having so much usage to be on the front foot. The science is really subjective in its application, and that is why there is always more of it. As long as there is mankind to fill the void, there will be some or the other scientific resurrections. Organic electronics is also such a branch of material science concerning the design, synthesis, characterization, and application of those…

CIVIC TECHNOLOGY : PERPETUATING THE NEED TO BE HEARD

echnology that fosters the relationship between the citizen and government, now this is something which is somewhat very much apt and usable for a better usage of things and perspectives. These technology is mainly deployed to enhance the relationship between people and government, so that the people can have more voice to participate in public decision making or rather deliver some better services to people. The peripheral of the civic technology, is surfacing around the information technology and includes many significantly useful civic application. As we live in an era…

Book My Show

Have a look at the success story of online ticketing platform “BookMyShow” and how the mastermind behind the idea — Ashish Hemrajani, overcame obstacles. He turned his dreams into a multi-million dollar company.While he was sitting under a tree and enjoying to radio promoting Rugby tickets, an idea hit to his mind. He studied on his idea, understood the market and planned a strategy. Then came back to India, left his job directly and decided to start his own company. At the age of 24, he started his first ever…

Swiggy

Who knew that two alumni of Birla Institute of Technology and Science (BITS) PilaniNandan Reddy (29) and Sriharsha Majety (31), will become second time lucky entrepreneurs. Back in the year 2014, they came together for their first startup project, Bundl, a logistics aggregator, which associated small and medium companies to courier service providers. The business started off line. However, after nearly a year into it, they understood their focus needed to change from the courier service field to the food industry.While working with like-minded people. Nandan and Sriharsha somehow realized there…

Flipkart

Two Bansals (Sachin Bansal and Binny Bansal) started Flipkart 11 years ago in 2007. Even though they share the same last name and come from Chandigarh, they are not related. Just a batch apart in IIT-Delhi, they became close friends while working together at Amazon. Flipkart was started from a humble beginning two-bedroom apartment in Bengaluru’s Koramangala area as an online bookstore. No one imagined that it would go on to become the country’s largest e-commerce player.They opened their first office in Bengaluru in 2008 followed by offices in Delhi…