YourStory Exclusive: Whiteboard Capital commits up to Rs 100Cr more to invest in hardware startups to boost 'Made in India' drive

#startups #funding #mfg #hardwaremfg

In an exclusive conversation with YourStory Media’s CEO and Founder Shradha Sharma, Whiteboard Capital’s Managing Partner Sandeep Tandon revealed plans to set aside up to Rs 100 crore more to invest in hardware startups manufacturing Made in India products.

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[YS Exclusive] Whiteboard Capital commits up to Rs 100Cr more to invest in hardware startups to boost 'Made in India' drive

After Prime Minister Narendra Modi's war cry for 'Vocal for Local,' many Indian startups and domestic businesses are seizing the opportunity to accelerate the manufacture of 'Made in India' products. Similarly, many Indian investors have been driving the push for more homegrown innovations and products, with the bulk of these investments focussed on startups delivering software solutions.

Pune-based Mylab launches 'Compact XL' to automate molecular diagnostic tests for COVID-19

#medtech #diagnostics #startups #India #covid19 #covidtesting #rtpcr

Pune-based molecular diagnostics company, Mylab Discovery Solutions Pvt. Ltd. has launched 'Compact XL' - India's first machine to automate the manual processes of molecular diagnostic tests such as RT-PCR tests for Covid-19. According to an official press release, Compact XL is a compact bench-top machine that will automate lab processes from sample handling to preparing RT-PCR ready tubes. The machine can take input of various sample types such as plasma, tissue, sputum and swab.

Speaking about benefits of this 100 per cent indigenously developed machine, Hasmukh Rawal, Promoter and MD, Mylab Discovery Solutions said, "Compact XL will replace the need of 700 sq ft of cleanroom lab with a 4x3 benchtop machine and reduce the need of 3-4 expert technicians to just one, saving operational costs for labs."

The machine can run 32 samples at a time which can be further increased when machines are connected in a network. Compact XL will be available for pre-ordering starting 13 July 2020.

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Pune-based Mylab launches 'Compact XL' to automate molecular diagnostic tests for COVID-19

Pune (Maharashtra) [India], July 7 (ANI): Pune-based molecular diagnostics company, Mylab Discovery Solutions has launched 'Compact XL' - India's first machine to automate the manual processes of molecular diagnostic tests such as RT-PCR tests for Covid-19.According to an official press release, Compact XL is a compact bench-top machine that will automate lab processes from sample handling to preparing RT-PCR ready tubes.It is a cartridge-based machine and can test multiple samples at the same time.

Startup Mergers & Acquisitions: SaaS Unicorn Freshworks Acquires Pune Based Cloud Platform 'Flint'

#startups #itsystems #enterprisetech #mergersandacquisitions #acquisitions

#SaaS #unicorn Freshworks has acquired Pune-based cloud platform Flint for an undisclosed amount.

Founded by Ankur Gakkhar and Abhishek Pande in 2013, Flint offers an enterprise-grade IT operations system and an intuitively designed dashboard.

Founded by Girish Mathrubootham and Shan Krishnasamy in 2010, Freshworks (previously called Freshdesk) has more than 150K clients across the world and is now looking for an IPO.

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SaaS Unicorn Freshworks Acquires Pune Based Cloud Platform 'Flint'

SaaS unicorn Freshworks has acquired Pune-based cloud platform Flint for an undisclosed amount. Freshworks said that this acquisition will strengthen its IT service management (ITSM) and IT operations management (ITOM) capacity. Founded by Ankur Gakkhar and Abhishek Pande in 2013, Flint offers an enterprise-grade IT operations system and an intuitively designed dashboard.

India: Asteria's A400 Unmanned Aerial System receives DGCA Certification

#drones #civilaviation #dgca #vtvl #uas

Asteria Aerospace announced that it’s flagship multi-rotor product, A400 Unmanned Aerial System (UAS) has been granted provisional certification from India’s statutory body – the Directorate General of Civil Aviation (DGCA). The certification of the A400 is a significant addition to Asteria’s suite of DGCA certified products, adding to the previous certification granted for micro class A200 UAS.

Classed as a mini-sized UAV, the A400 weighs in a little under 3.5kg and is capable of vertical takeoff and landing. The A400 comes with an HD video camera payload, a flight time of 40 minutes, and an operational range of 5km radius, specifications that are ideally suited for the more demanding needs of commercial and enterprise customers. All communication between the A400 and the Ground Control Station is encrypted with the industry-grade AES 128-bit protocol, providing safety and security for the A400 and the necessary flight telemetry data.

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Asteria's A400 Unmanned Aerial System receives DGCA Certification

Asteria Aerospace is pleased to announce that its flagship multi-rotor product, A400 Unmanned Aerial System (UAS) has been granted provisional certification from India's statutory body - the Directorate General of Civil Aviation (DGCA). The certification of the A400 is a significant addition to Asteria's suite of DGCA certified products, adding to the previous certification granted for micro class A200 UAS.