Hetrogenous Communications Technologies Pvt. Ltd, a Chennai-based telecommunications and Internet-of-Things (IoT) startup, has raised Rs 5 crore (around $780,000) in fresh funding from The Chennai Angels, Keiretsu Forum and a group of individual investors. The firm will use the funds to fuel grow…
Tag: Internet of Things (IOT).
How IoT can make India’s manufacturing sector smarter
Manufacturing processes and machines are automated in such a way that they can administer themselves; smart machines that can avert damage by taking preventive action or smart factories where requirements get fulfilled automatically. Doesn’t it sound incredible? Well, this is where modern technol…
Raising funds major challenge for internet start-ups in India: Study
Even though the government has been trying its best to ensure sustained funding for startups, a large number of internet-based startups are yet to get any formal funding in the form of business grants, loans or lines of credit, a survey said in New Delhi on March 30. A dipstick survey of bootstra…
Border security start-up CRON Systems raises funding from YourNest
Border security startup CRON Systems has raised an undisclosed amount in a pre-series-A round from early-stage venture capital firm YourNest. This is the first investment from the firm’s new fund, YourNest India VC Fund, which was launched in September with a Rs 300-crore corpus. The firm d…
Founded in US, start-up 75F targets Rs 100 cr revenue in India
A startup founded by Indian duo Deepinder Singh and Pankaj Chawla in the US is now tapping the Indian market to offer solutions that harness the power of Internet of Things (IoT) and cloud computing to predict a building’s energy needs. Started in 2012, 75F uses IoT to control Heating Ventilation…
Start-up contest to kick off in Kochi on October 20
With an aim to test innovative skills and technical knowledge of fledgling electronic start-ups, city-based Maker Village, one of India’s largest incubators, will team up with Bosch to host an event on October 20. At the event titled ‘Bosch DNA Grand Challenge’, to be held at KI…
Indian IoT market set to grow up to $15 bn by 2020
Focusing on the rise and evolution of the Internet of Things (IoT) across industries in India, the National Association of Software and Services Companies (NASSCOM) kick-started the eighth edition of NASSCOM Design and Engineering Summit, Bengaluru. The two-day event focusing on the theme of, ‘Im…
Here’s how start-ups’ success can be measured
The problem with excessive and premature hype is that the euphoria is often followed by disillusionment. The soaring valuations of copycat e-commerce start-ups in the last three years has been reminiscent of the dotcom spurt at the end of the last century. The dotcom bust, when it happened, was s…
Hyderabad-based startup Smartron ties up with Sachin Tendulkar, bats for IoT
Smartron India, a leading technology OEM company and an Internet of Things (IoT) startup, recently announced a new innings with cricket legend, Sachin Tendulkar. Besides being the brand ambassador of Smartron, Sachin is also a strategic shareholder in the company thus making it his first investme…
Capgemini to partner with startups in India from fields of data analytics, IoT
French multinational Capgemini is looking to partner with startups in India from the fields of data analytics, artificial intelligence and Internet of Things (IoT) and build a bridge for these ventures to enter international markets, a top executive said. As part of Capgemini’s Applied Inno…