Startup Funding Alert: AI tech startup Inspektlabs raises $600,000 in pre-Series A funding from Better Capital, Titan Capital - YourStory

#Startups #fundingalert #startupfunding #AI #artificialintelligence

Inspection AI technology startup Inspektlabs has raised $600,000 in a pre-Series A round led by Better Capital, Titan Capital — the investment office of Snapdeal founders Kunal Bahl and Rohit Bansal, and a cluster of angel investors.

Inspektlabs builds computer vision products for physical asset inspections using photos and videos. It is currently automating car inspections for global motor insurance and automotive players.

Founded by Devesh Trivedi (CEO) and Sanchit (CPO) in 2019, the #AI tech startup allows firms to perform damage assessment, claim estimation, asset valuation, and fraud detection of physical assets using photos or videos. Customers can capture a 360 degrees video of any asset (such as a car) using a smartphone, and within seconds, Inspektlabs’ #API reverts with an inspection report.

They are disrupting the current process of inspection, which is manual, slow, and ripe with fraud. The startup has so far inspected 100,000 cars in Japan, the UK, and India. Recently, Inspektlabs has launched a new inspection product to ensure hygiene within cars as well.

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[Funding alert] AI tech startup Inspektlabs raises $600,000 in pre-Series A funding from Better Capital, Titan Capital

Inspection AI technology startup Inspektlabs has raised $600,000 in a pre-Series A round led by Better Capital, Titan Capital - the investment office of Snapdeal founders Kunal Bahl and Rohit Bansal, and a cluster of angel investors.

Funding Galore: Indian Startup Funding Of The Week [June 29- July 4, 2020] - Inc42 Media

#startups #startupfunding #fundingalert

Inc42 Media : Indian Startup Funding Of The Week [June 29-July 04, 2020]

As per Inc42 Media, 15 startups raised around $44 Mn funding and one acquisition took place in the Indian startup ecosystem this week. (This funding report is based on startups that disclosed funding amounts).

The following startups have raised the funds during the week [June 29 - July 04, 2020]:

1. Zetwerk ($21 Mn)

2. Flinto($7.2 Mn)

3. Paper Boat ($3.7 Mn)

4. Bulk MRO ($3.3 Mn)

5. Indus OS ($2.86 Mn)

6. Ken42 ($1.47 Mn)

7. Big Bang Boom Solutions ($1.5 Mn)

8. Forbidden Foods ($1 Mn)

9. ChitMonks ($650K)

10. Inspektlabs ($600K)

11. Universal Sportsbiz ($503K)

12. Gobbly ($500K)

13. Mitron (Undisclosed)

14. Samosa Party (Undisclosed)

15. Bold Care (Undisclosed)

16. Aerostrovilos (Undisclosed)

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Funding Galore: Indian Startup Funding Of The Week [June 29- July 4]

1mg is raising $17 Mn (INR 133 Cr) in debt from existing investors B2B marketplace for manufacturing items has raised $21 Mn from Greenoaks Indian variant of TikTok, Mitron, has raised seed funding from 3one4 Capital and LetsVenture We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!

Technology: Scientists develop stamp-sized, wearable device that can record body temperature and blood oxygen levels to monitor Covid-19

#covid19 #wearabletech #healthtech #remotehealthcare #remotediagnostics

#medicaldevices

Researchers have developed a stamp-sized device, comprising a suite of sensors, including ones , an advance that can be used to catch early signs and symptoms of COVID-19, and help monitor patients as the illness progresses.

The scientists, including John A. Rogers from Northwestern University in the US, said they have tested the novel device on more than 50 physicians, rehabilitation specialists, and patients at the country's Shirley Ryan AbilityLab and at the Northwestern Memorial Hospital.

According to an editorial, published in the journal Science Advances, the sticker-like medical device, which is of the size of a postage stamp, is soft, flexible, and sits just below the suprasternal notch - the visible dip at the base of the throat.

"As you cough and breathe, it counts coughs, monitors the intensity of cough and senses laboured breathing. The location on the throat also is close enough to the carotid artery that it can measure mechanical signatures of blood flow, monitoring heart rate," he added.

Eventually, they believe the self-learning algorithms will become smart enough to distinguish between a COVID-like cough and more benign coughs from allergies, colds or dryness.

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Scientists develop stamp-sized, wearable device that can record body temperature and blood oxygen levels to monitor Covid-19

WASHINGTON: Researchers have developed a stamp-sized device, comprising a suite of sensors, including ones , an advance that can be used to catch early signs and symptoms of COVID-19, and help monitor patients as the illness progresses. The scientists, including John A.

Indian Apps: A strategy for Growth and Expansion

#vocalforlocal #vocalforlocalindia #apps #desiapps

If we want to beat Chinese apps, we have to match with them with regular upgrades, to be released every few hours rather than in days, by quick expansion of core tech team, using app analytics and using feedback for plugging bugs and introducing features that are available in Chinese apps etc.

In fact, we should thank many Indian app users who are giving desi apps a chance to improve, as was seen from the feedback given by users on these apps. So, don’t let down our users as it is one of its kind of opportunity we got to improve our product development standards and capture the market. Cheer up! this is the time when product teams should work 24X7.

Do you know that we download more apps than we upload? As per the latest data available on 42matters.com, there are only around 121,017 apps from Indian publishers on Google Play out of the 2,936,627 apps, less than 5%.

All the best!