Start-Ups

When oil prices turned absurdly negative in April, it was panic stations at oil and gas supermajors. Europe debated an accelerated shift to renewable energy. Oil rigs in the US turned off their taps as demand plummeted with the global economy’s pause to tackle coronavirus. But the very week when oil prices tanked, a subsea oil company in Houston signed a major deal to deploy an industrial Artificial Intelligence (AI) product from Flutura, a startup in Bengaluru. It turns out for improving a myriad operational efficiencies to reduce costs with…

According to a report by Israeli cybersecurity platform vpnMentor, the National Payments Corporation of India (NPCI) developed payments platform BHIM has suffered a data breach which has compromised personal data of more than 7.26 Mn users, including Aadhaar card details, caste certificates, residence proof, bank records, professional records, certificates, PAN card details, along with financial proofs such as screenshots taken within financial and banking apps. However, NPCI told Inc42 that no data has been compromised at BHIM app and requested everyone to not fall prey to such speculations. Further, it said that NPCI follows a high…

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…

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…

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…

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…

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…