Got an idea for a startup? This Hyderabad-based firm will help you convert it into a prototype - WTG

#startups #idea #ideation #hyderabad #FaaS

Got an idea for a startup? This Hyderabad-based firm will help you convert it into a prototype.

Way to Go (WTG) provides the needed ecosystem with access to seed funds, technology resources, GTM (go-to-market) and financial plan to convert ideas into a p, positioning itself as a fund-as-a-service (FaaS) solution.

Nikhil Polineni (an industrial engineer with FCA, U.S.A) along with his friend Abhishek B. Boyanapalli (an industrial engineer with GM, U.S.A), established WTG with a singular mission of accelerating growth for innovative startups.

WTG provides the needed ecosystem with access to seed funds, technology resources, GTM (go-to-market) and financial plan to convert ideas into a prototype or a pilot. In short, WTG positions itself as a fund-as-a-service (FaaS) solution.

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Got an idea for a startup? This Hyderabad-based firm will help you convert it into a prototype

After graduating from a Tier-I college, Nikhil Polineni (27), realised that there are several students with entrepreneurial spirit who want to experiment and explore their ideas and turn them into a workable model, known as a pilot or a prototype.

Startup Funding Alert: Nuvyyo raises $6 million Series B to ramp up production of its digital video recorder system

#overthehairTV #OTA #TV #videobroadcasting #startups #ideas #DVR #fundingalert #startupfunding

Ottawa-based Nuvyyo has raised a $6 million CAD Series B round of financing, to be used to accelerate the production of its Tablo Over-the-Air (OTA) digital video recorder (DVR), which allows consumers to browse, record, and stream television programs without the need for program subscriptions.

“Use of Over-the-Air TV antennas is up more than 50 percent over the past eight years as traditional pay-TV providers consistently report record quarterly subscriber losses,” said Grant Hall, CEO of Nuvyyo. This capital will help them meet the increased demand for Tablo DVRs via both retail and direct-to-consumer channels.

Unlike satellite, cable, or Internet protocol television, OTA TV is a type of broadcasting in which a television signal is transmitted by radio waves from an Earth-based transmitter of a television station to a TV receiver with an antenna. Its OTA DVRs allow users to watch and record free OTA television to move away from using cable and satellites for their television experience. The company's DVR system that combines a physical device with software apps for smartphones, tablets, computers, and streaming set-top-boxes to watch TV from multiple devices.

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Nuvyyo raises $6 million Series B to ramp up production of its digital video recorder system

Ottawa-based Nuvyyo, which creates software and hardware in the television and home media space, has raised a $6 million CAD Series B round of financing, bringing its total funding to date to $10 million. "Although the global economy faces ongoing uncertainty, Nuvyyo is well-positioned for success."

Space Technology: Chennai start-up building India's first private smallsat rocket, eyes ISRO help for testing

#startups #spacetech #startupindia #satellitte #india #isro #lowearthorbit #startupideas #geomap #geotag

Chennai start-up AgniKul Cosmos, co-founded by Srinath Ravichandran and Moin SPM in 2017, is building India's first private small satellite rocket and will be seeking the help of the ISRO - Indian Space Research Organisation - for conducting tests.

The Indian Institute of Technology, Madras, incubated start-up received a much needed boos, with the announcement of the Indian National Space Promotion and Authorisation Centre (IN-SPACe), an autonomous body under the Department of Space, which would help private prayers gain access to ISRO infrastructure.

Named 'Agnibaan', the rocket will be a two-stage LOX/Kerosene vehicle with a third "baby stage". The launch vehicle will be capable of carrying up to 100 kg of payload to low Earth orbits up to 700 km with a plug-and-play engine configuration.

In fact, autonomous drone and other vehicle startups can seek the help of low earth orbit satellites for uninterrupted communication and navigation. There will be many other applications in agriculture, geo-mapping and geo-tagging.

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Chennai start-up building India's first private smallsat rocket, eyes ISRO help for testing

By SV Krishna Chaitanya| Express News Service | Published: 30th June 2020 07:13 PM CHENNAI: Chennai start-up Agnikul Cosmos is building India's first private small satellite rocket and will be seeking the help of the Indian Space Research Organisation (ISRO) for conducting tests.

Startup Technology: Walkcar, a Portable vehicle that looks like a laptop with wheels

#mobility #electricmobility #micromobility #smartcities

Micro-mobility devices present an environmentally friendly and traffic-free means of commuting in urban centers. Little wonder they are becoming more popular in this age. Unfortunately, portability has been a significant drawback of the standard micro-mobility options.

The people that need them the most also need to get on buses or trains to get to their destination. However, most of the available devices are either impossible to carry along or too bulky to carry conveniently. COCOA MOTORS. Inc. hope to solve this problem with the Walkcar, a commuting device that’s just about the size of your laptop.

Walkcar is currently priced at around $1,800 excluding tax. This price looks pretty steep, especially when you consider the fact that there are more powerful electric scooters or skateboards in the same price range. However, portability is the major selling point of Walkcar, and there’s hardly any as portable. For now, the device is only available in Asia, but COCOA MOTORS. Inc. hope to scale to other continents soon.

A short video on Wlakcar

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Walkcar: Portable vehicle that looks like a laptop with wheels

Micro-mobility devices present an environmentally friendly and traffic-free means of commuting in urban centers. Little wonder they are becoming more popular in this age. Unfortunately, portability has been a significant drawback of the standard micro-mobility options. The people that need them the most also need to get on buses or trains to get to their destination.

Startup Ideas: The biggest problem of late payments faced by Indian MSMEs can be turned into an opportunity

#starupideas #startupindia #msmesector #fintech #MSME #hugeopportunity #covid19

Payment delays have for long been a huge problem for India Inc. An EY report in 2018 estimated that Rs 1.8 lakh crore was trapped as receivables. But it is the medium, small and micro enterprises (MSMEs) who feel the pinch the most. Media reports estimate that large corporations owe Rs 40,000 crore and PSUs Rs 48, 000 crore to MSMEs.

According to a recent report by Zinnov, India has over 75 million small and medium businesses that contribute 40% to the gross domestic product, employ 180 million people and contribute 52% of India’s $535 billion exports. Yet, with limited financial means, MSMEs often swing between life and death. Due to corona virus effect, many MSMEs may shut down shops and others either may become bankrupt or continue to work at a lower capacity than that in pre-covid times.

“The whole concept of slow payments is a huge global issue,” Previse co-founder and CEO Paul Christensen tells Forbes in an interview. “It is a huge global opportunity that no-one has cracked yet. Given the problem is so big, why has no-one cracked it yet? Everyone has tried to solve the problem using process, and changing process at large organisations is really hard.”

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Choked by dues: What efforts are being taken to ease the biggest problem faced by Indian MSMEs?

Haggling is an art. Bengaluru-based Amarpreet Kalkat, 41, cofounder of Frrole - a social intelligence startup - is trying to master it these days. The six-year-old startup has 40-plus customers, mostly mid-to-large firms in media and consumer businesses. Recently, one of them refused to pay his subscription dues of six months.

Startup Ideas - There are many FinTech opportunities in India to aggregate and channelize financial savings

In India, there is a tremendous scope for startups in enabling access to small investors for investing in corporate debt, govt bonds, gilts, gilt funds and liquid funds, which earn better post-tax returns than fixed deposits, with low or nil risk and also with negligible or nil entry and exit load.

Similarly, many Indian #SMEs don't know how to manage their treasury operations, as they cannot afford a specialist to do the same. So, startups can step-in as a treasury manager and help #SMEs to manage their short term surplus money more efficiently, by investing these short term funds in suitable government debt, gilts and securities and private gilt and liquid funds.