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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102633) | |
21971. HRtech startup GoEvals helps businesses use AI-based tools for people management
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
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- Mumbai-based startup GoEvals provides AI and ML tools to help businesses in candidate selection, employee sensing, and monitor organisational performance.
- Dr Gaurav Hirey, who has over two decades of experience in HR, believes that most of the HR technology solutions available tend to be IT driven and thus it is difficult to implement it for businesses in other verticals.
- In a bid to solve the problems related to technology and digitisation in the HR sector, Dr Gaurav launched HRtech startup GoEvals in 2019 along with his wife Swati Hirey and Manish Menon. Swati has been an entrepreneur for over 15 years and Manish brings more than 22 years of HR experience.
21972. Ratan Tata and Nandan Nilekani’s Avanti Finance wants to help 150 million households get rid of poverty
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Startups in Bharat
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- Four years ago, Indian business icons Ratan Tata and Nandan Nilekani joined hands to launch Avanti Finance, a social fintech startup that hopes to serve 150 million unbanked households in India.
- To achieve this, the duo brought in Lalitesh Katragadda as its Chief Product and Technology Officer, Manish Thakkar as the Chief Operating Officer, and Rahul Gupta as the CEO.
- Ratan Tata and Nandan Nilekani’s Avanti Finance uses data and technology to combine with financial partners to lend to the poor and alleviate their lives with customised products.
21973. How this Youtuber, model, and anchor decided to launch a global video production platform
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Startups in Bharat
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- Started in January 2017 by Lakshmi Rebecca and Sunil Patrapati, Bengaluru-based Red Bangle is a SaaS platform which combines video collaboration and project management technologies with a curated network of global filmmakers and strategic on-ground studios
- Once back in India, she started her YouTube channel in 2011 called The Lakshmi Rebecca Show, but as that did not make much money, Lakshmi started creating content for others and worked as both a Youtuber and a production house. “After five years of doing this, I thought why not dream something big.”
- “The whole video production industry was a lot like how the cab market used to be before Ola and Uber launched in India. In the video industry, every company or enterprise needs some kind of video, and we realised how collaborative this industry can be. So I decided to set up a platform to organise the video production segment, and started hunting for co-founders,”
21974. [Startup Bharat] Meet Goa-based MinksPay, which powers 10k offline retailers in rural India
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Startups in Bharat
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- Cousin brothers Sanket and Sanmati Shendure of Goa come from a family of FMCG distribution business of more than three decades.
- The duo decided to use technology to enable local retailers to use digital and banking solutions. In July 2017, they founded MinksPay aimed at empowering offline retailers in the semi-urban and rural parts of India to earn more.
- Headquartered in Goa, the fintech services startup has an office in Bengaluru as well. While the founders invested Rs 50 lakh initially from their personal savings, the startup raised $150,000 from Mumbai Angels Network in September 2019. Former Chief Business Officer- Lending of BharatPe Pratekk Agarwal, and entrepreneur and Global Tech Executive Ravi Linganuri are advisors and investors in the startup.
21975. This Bengaluru startup is ensuring access to doctors and healthcare facilities in rural areas
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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- 5e Healthcare aims to help people in rural areas connect with doctors online through video calls and get access to diagnostic services and hospitals in case of emergencies.
- After understanding the problems related to healthcare access in rural areas and small towns, Sudarsan Parida and Rajesh Gaikwad launched 5e Healthcare in 2019 with an initial investment of $100K to solve the accessibility problem.
- Co-founder and CEO, says, 5e is their second venture. The duo had earlier co-founded OneDigitalAd Technologies, an adtech company, in 2012, and have successfully exited after its acquisition by a German company.
21976. Why this Vedantu co-founder decided to start another edtech firm - Uable
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- After six years of being a co-founder at Vedantu, Saurabh Saxena has ventured out again to start Uable - a life skills development platform for children between six to 16 years.
- The edtech sector isn’t new for Saurabh Saxena; as one of the founders of Vedantu, Saurabh has seen it all. And yet, when he was looking to launch a startup the third time around, he couldn’t think of any space other than education
- “While I worked on building Lakshya and Vedantu, I realised that both the conventional education system and edtech for K12 largely relied on a teacher-driven curriculum which was governed by marks and tests, and children were not solving real-world problems. There was not much inquiry, exploration or room to think creatively,” says Saurabh.
21977. India to become global leader in mobile manufacturing soon, says Ashwini Vaishnaw
Make in India / Atmanirbhar
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‘Make in India’ – Indian Railway
English
India
Hindustan Times
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- Union Minister of Railways, Communication and Electronics and Information Technology Ashwini Vaishnaw on Sunday said India is poised to become the world leader in mobile handset manufacturing over the next few years and the 5G technology has progressed satisfactorily and will be rolled out this year.
- Vaishnaw said India has emerged as the 2nd largest manufacturer of mobile handsets in the world in terms of volume with 200 units manufacturing mobile handsets. The minister was addressing the media in Bhubaneswar.
- as many as 6,000 villages in Odisha remain out of mobile network due to lack of mobile towers. His ministry has identified around 3,933 sites where mobile towers will be installed. On revival of BSNL/MTNL, he said public sector telecom companies had become bankrupt during the UPA rule. “BSNL was a profitable company. However, its funds were diverted in UPA era. Once BSNL is stable with 4G technology, in 1-2 years it will adopt 5G technology,
21978. [Startup Bharat] Bhubaneswar-based Nexus Power is using crop residue to make EV batteries
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- EV battery maker Nexus Power is developing batteries for electric two and three-wheelers from crop residue. The prototype is currently undergoing trials with EV manufacturers.
- A new study by CEEW Centre for Energy Finance has revealed that electric vehicles will be a $206 billion opportunity for India by 2030. But to make this happen, the country will need an estimated annual battery capacity of 158 GWh by FY30.
- It was to green this ambition and make a sustainable impact in the EV space that twin sisters Nishita and Nikita Baliarsingh launched an EV battery startup that upcycles agricultural waste. The duo launched Bhubaneswar-based Nexus Power in 2019 to provide battery technologies for electric vehicles.
21979. India demonstrates use of unmanned aerial vehicles to transport turmeric from remote villages in Meghalaya
Make in India / Atmanirbhar
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Investment in Bharat by Bhartiya companies
English
India
The Statesman
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- Meghalaya successfully tested Drone and UAV (Unmanned Aerial Vehicle) technology to transport finest quality turmeric from the remote villages of West Jaintia Hills of Meghalaya to first nearby district headquarters so as it could reach the processing unit in Kerala in time.
- World’s best quality turmeric is produced in the West Jaintia Hills of Meghalaya, which has the highest curcumin content of 7-9 % (whereas this content is just 3 % in other varieties).
- This year the Ministry is targeting to procure more than 25,000 kg of turmeric from the region. “The buyer seller meeting organized under ODOP scheme led to the finalization of procurement orders for over 25,000 kgs, and it might increase further subject to final negotiations,” said a senior officer of the Ministry.
21980. This startup has been doing Rs 5 Cr business every month by liquidating mobile phone inventory
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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- EOL Stocks, an Ahmedabad-based B2B marketplace for mobile phones, helps businesses sell unsold stock in a short time.
- When Chinese mobile phone brand Gionee decided to discontinue its India operations in 2018, its distributors, retailers, and wholesale sellers were burdened with unsold stocks.
- I decided to do something about this and created a technology platform which could solve this industry problem,” says Apoorv Bhatt, Founder and CEO, EOL Stocks.