| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102405) | |
21731. How Pune-based Vendekin is using SaaS tech to enable a secure, cashless, and touch-free vending experience
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- End-to-end integrated intelligent vending solution Vendekin partners with manufacturers and retrofits existing vending machines to enable users to purchase via a mobile app and make cashless payments.
- Founded in 2016 by Aroon Khatter, Pune-based Vendekin is looking to tap this growing market by enabling the digitisation and democratisation of vending with its patented technology for unmanned automated vending machines, micro markets, and self-service kiosks.
- Vendekin, which aims to make the vending experience touch-free and cashless, is involved in retrofitting existing vending machines and partnering with vending machine manufacturers to include SaaS technology, which enables users to purchase the product via mobile app and make payments online.
21732. Three top Apple suppliers to commit US$900 million to India smartphone incentive plan - sources
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
India Briefing
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- Three of Apple Inc's top contract manufacturers plan to invest a total of almost US$900 million in India in the next five years to tap into a new production-linked incentive plan, according to two sources familiar with the matter.
- Foxconn has applied to invest about 40 billion rupees (US$542 million), while Wistron and Pegatron have committed to invest close to 13 billion rupees and 12 billion rupees, respectively, under the PLI plan, the sources said.
- It is unclear whether all of the investment will be targeted at boosting manufacturing of Apple devices in India, but the sources and industry insiders said the vast majority would be focused on expanding iPhone manufacturing in the country.
21733. This Benglauru-based startup is enabling businesses to grow by specialising in all things data
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- With its database support, consultancy and engineering services, know how GeoPITS is enabling companies to grow by creating a high-performing database environment to derive meaningful business insights at affordable costs tailor made for their requirements.
- Thiru founded Geo Platinum IT Services (GeoPITS) to bring this change in approach by providing the right expertise in building a reliable, scalable and efficient database environment. Founded in 2017, its mission is to create a high-performing database environment for companies to derive meaningful business insights while keeping costs, quality and sustainability in mind.
- GeoPITS provides comprehensive database services across three main aspects: 24x7 database support, managed services and consulting. The company’s experts provide round-the-clock database support, including remote database administration (DBA) support that helps companies to monitor, manage, optimise and maintain databases as per their requirements.
21734. RAISE 2020: This startup powers Indic language interfaces of Paytm, PolicyBazaar, others
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
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India
Your Story
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- Gurugram-based AI startup Process9's Indic language technologies service verticals like ecommerce, entertainment, fintech, and travel.
- One of the co-founders, Devendra Joshi, was responsible for localising Apple products in local languages back in the 90s. He was also the first to develop Indic language fonts for media companies in India and Southeast Asia.
- In the early 2010s, when Joshi and his Co-founders, Rakesh Kapoor and Vidushi Kapoor, turned their attention towards mobile and internet, they realised that Indic languages had a “next-to-nothing” presence in the space.
21735. France’s Groupe PSA announces entry into aftermarket biz in India
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
France
Business Line
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- The €75 billion French auto major Groupe PSA has announced a major expansion of its business in India with its entry into the Indian independent aftermarket segment through its global multi-brand label Eurorepar, a move aimed at attracting more customers and establishing the brand firmly in the country.
- The company enters the Indian independent aftermarket with a sales and distribution tie-up with GoMechanic, a technology-enabled aggregator of local car workshops for multi-brand car servicing.
- “This is a unique strategy that we are creating the aftermarket ecosystem before the launch of our first car, which will be rolled out early next year. We will come out with a full range of quality parts with the service support from GoMechanic,” Roland Bouchara, Senior Vice- President-Sales and Marketing India, Groupe PSA, told
21736. Stock market tech startup Market Pulse is helping traders make informed decisions
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- Mumbai-based Market Pulse provides the tools, knowledge, and real-time information on its app to assist retail investors to make sustainable profits in the stock market.
- According to Amit Dhakad and Hiral Jain, co-founders, Market Pulse, they realised there was clearly a lack of access in terms of information, knowledge or tools for ordinary investors to enable a sustainable business in the stock market.
- Bootstrapped with an investment of $10,000, Market Pulse built various tools for traders in the commodities market.
21737. अमेरिका की जनरल अटलांटिक रिलायंस रिटेल वेंचर में 3675 करोड़ रुपए का निवेश करेगी, 0.84% हिस्सेदारी खरीदेगी
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
Hindi
India
Dainik Bhaskar
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- अबु धाबी की मुबादला इनवेस्टमेंट कर सकती है 7,500 करोड़ का निवेश
- अटलांटिक का यह निवेश रिलायंस रिटेल की इक्विटी वैल्यू 4.28 लाख करोड़ रुपए पर होगा
- अब तक तीन कंपनियों ने मिलाकर करीबन 16,675 करोड़ रुपए का निवेश किया है
21738. रिलायंस फाइबर को मिल सकता है 7.5 हजार करोड़ रु. का नया निवेश, दो इन्वेस्टमेंट कंपनियां खरीद सकती हैं हिस्सेदारी
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
Hindi
Saudi Arabia
Dainik Bhaskar
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- सब्सिडियरी में सऊदी अरब की पब्लिक इन्वेस्टमेंट फंड (पीआईएफ) और अबू धाबी इन्वेस्टमेंट अथॉरिटी निवेश कर सकती हैं
- इनविट का 51 प्रतिशत हिस्सा डिजिटल फाइबर इंफ्रास्ट्रक्चर ट्रस्ट और 48.44 प्रतिशत हिस्सा आरआईएल के पास है
- सेबी को दी गई जानकारी के मुताबिक इनविट का 51 प्रतिशत हिस्सा डिजिटल फाइबर इंफ्रास्ट्रक्चर ट्रस्ट और 48.44 प्रतिशत हिस्सा आरआईएल के पास है। आरआईएल 14,700 करोड़ रुपए के लिए 147.06 करोड़ यूनिट जारी करेगी। एक यूनिट की कीमत 100 रुपए है।
21739. बायोकॉन बायोलॉजिक्स अबू धाबी के सरकारी सॉवरेन फंड ADQ से फंड जुटाएगी
Make in India / Atmanirbhar
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Investment in Bharat by govt of other countries
Hindi
India
Moneycontrol
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- बायोकॉन बायोलॉजिक्स (Biocon Biologics) अबू धाबी की सरकारी सॉवरेन वेल्थ फंड ADQ से फंड जुटाने की तैयारी में है। यह देश की लीडिंग बायोसीमिलर कंपनी है जो अपनी मैन्युफैक्चरिंग को मजबूत बनाना चाहती है। इस मामले की जानकारी रखने वाले लोगों ने मनीकंट्रोल को बताया कि कंपनी IPO लाने की तैयारी में है उससे पहले फंड जुटाकर यह अपने शेयरहोल्डर्स की वैल्यू बढ़ाना चाहती है।
- करीब दो हफ्ते पहले ही किरण मजुमदार शॉ की कंपनी बायोकॉन बायोलॉजिक्स ने ऐलान किया था कि उसे वॉल स्ट्रीट की दिग्गज कंपनी गोल्डमैन सैक्स से 15 करोड़ डॉलर का फंड मिला है। दो हफ्ते बाद ही कंपनी अबूधाबी के सरकारी फंड ADQ से फंड जुटाने की तैयारी कर रही है। अगर यह डील पूरी हो जाती है तो इस साल कंपनी को मिलने वाला यह चौथा निवेश होगा।
- इस मामले की जानकारी रखने वाले सूत्रों ने बताया, "ADQ बायोकॉन बायोलॉजिक्स में 10 करोड़ डॉलर निवेश के लिए बात कर रहा है। यह डील बायोकॉन बायोलॉजिक्स के शेयरहोल्डर्स के लिए वैल्यू क्रिएशन योजना के तहत की जा रही है।"
21740. How MedTel Healthcare is enabling remote monitoring of patients amidst COVID-19
Innovation and startups, ISRO/Defense/Water infrastructure/EV and other sectors
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Startups in Bharat
English
India
Your Story
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- MedTel Healthcare helps hospitals, clinics, and doctors to remotely monitor patients with COVID-19, diabetes, hypertension, and obesity in real time. The healthtech startup’s client list includes Apex Group, Apollo Hospitals, and Fortis Healthcare.
- Bhuvneshwar and Bengaluru-based MedTel Healthcare was launched in 2017 by a team of doctors and engineers to ensure healthcare access in rural areas.
- Co-founder and CEO Dr Lalit says MedTel has also joined hands with the West Bengal government for deploying machines at hospitals and healthcare institutes where ground-level workers can go door to door in rural areas for monitoring their health.