HyperVerge AI — Manideep Kolla

  • This experience is shared by Manideep Kolla who interned at HyperVerge one of the most well funded and hottest AI startup in India, He also previously worked with UncannyVision in summer 2018 and was the Secretary of Entrepreneurship Cell IIT Guwahati.
  • My plan was to apply to companies off-campus mainly through my personal contacts, LinkedIn connections and through companies online careers pages starting with large tech companies, then foreign startups and in the next semester to Indian startups.
  • So I started by applying to super large MNCs like Google, Facebook, Microsoft, etc at foreign locations even though I have negligible chance of getting into them because almost all of these large Tech companies require a minimum qualification of an M.S or M.Tech in Computer Science or Electrical engineering or plenty of publications in top conferences.
  • From these companies , I only got one positive response from Niantic a large game developer
  • After this, I started applying to foreign startups to know where I stand in the competition, quite surprisingly I got positive replies from multiple startups
  • From the second week of November, I started applying to Indian startups.

Read full article: medium.com

Hyperloop project in India inches closer to reality

  • There is no fully functional hyperloop in the world, but that could soon change, as officials in India have recently designated the ultra-fast, futuristic transportation system a ” public infrastructure project” and will soon be taking bids on its construction.
  • There are still many hurdles to overcome, such as certifying the hyperloop as safe for human passengers.
  • Officials in Maharashtra have named Virgin Hyperloop One and its partner shipping giant DP World as the originators of the multibillion-dollar infrastructure project.
  • Virgin Hyperloop One said it expects to be the winner, at which point it will break ground on the world’s first hyperloop.

Read full article: theverge.com

SaaS Startup Vymo Raises $18 Mn Series B Funding

  • Vymo has announced a fresh $18 Mn Series B funding round, with the investment being led by Emergence Capital, an enterprise cloud VC.
  • Jake Saper, partner at Emergence Capital, joins Vymo’s board as part of the investment.
  • Prior to this round, Vymo has raised more than $23 Mn to date.
  • The investment in Vymo comes at an opportune time for the SaaS industry.

Read full article: inc42.com

7.31.19 Your morning briefing

  • Visa is collaborating with Open, a Bangalore startup that provides small business banking services, to offer a card-based suite of expense management tools in India.
  • Both Visa and Mastercard have increasingly relied on fintech partnerships to quickly reach emerging payment use cases in small business, gig economy payroll and emerging markets.
  • POSaBIT has debuted a mobile payment system for dispensaries, using a handheld device that combines Android functionality, a printer and scanner to vet consumer identity, accept payments, add a tip for a delivery person and print the receipt.
  • Circle is a cryptocurrency firm that is attempting to offer regulated financial services.
  • Hit With Class-Action Lawsuit Following Massive Data Breach Forbes

Read full article: paymentssource.com

Flipkart Wants To Bring Handicrafts, Artisans Online

  • Walmart-owned ecommerce company Flipkart has announced the launch of a new programme- Samarth.
  • With this, it aims to bring India’s artisans, weavers, and handicrafts producers onto ecommerce.
  • The host of initiatives and benefits under Flipkart Samarth include dedicated support for onboarding, cataloguing, account management, business insights, dedicated seller support, reduced commission where eligible, and warehousing support.
  • For instance, Amazon India last year added handloom and handicraft items of Weavesmart – an online handloom store supported by the Government of India – on its platform, aimed at facilitating over 3K weavers, associated with Weavesmart.

Read full article: inc42.com

Emergence, Sequoia lead $18-million round in software firm Vymo

  • Mumbai: Vymo Inc, a startup that helps sales teams operate more efficiently in a deskless environment, has raised $18 million in a Series B round led by Emergence Capital, a US-based venture capital fund, and existing investor Sequoia Capital India, according to a senior executive.
  • We will also consolidate our growth and leadership position in the CRM (customer relationship management)/SFA (sales force automation) market in India,” said Yamini Bhat, CEO, Vymo, in an emailed response.
  • Vymo plans to use the funds to explore businesses such as financial services, and recruit more people.
  • ” The focus is to add depth to our current cases/explore new ones in financial services and related markets and be as relevant to our customers as possible.

Read full article: livemint.com

Current Affairs 31st July 2019 | Daily GK Update

  • Atal Innovation Mission (AIM), is an initiative of NITI Aayog is all set to launch a new program for community innovation in New Delhi.
  • Static/Current Takeaways Important For RRB NTPC/IBPS RRB Main :Vice Chairman of NITI Aayog: Rajiv Kumar, CEO of NITI Aayog: Amitabh Kant.2.
  • Dr Harsh Vardhan, Union Minister of Health and Family Welfare at the 110th Annual Day celebrations of National Centre for Disease Control (NCDC), at this occasion Union Health Minister inaugurated the laboratory complex (Lab 3) at NCDC and the new building of National Vector Borne Disease Control Programme (NVBDCP).Static/Current Takeaways Important For EPFO/LIC ADO Main 2019:Headquarter of NCDC: New Delhi; NCDC Established in : ‎1909.3.
  • Static/Current Takeaways Important For RRB NTPC/IBPS RRB Main 2019:Headquarter of Northeast Frontier Railway zone: Maligaon, Guwahati.
  • ICC Chairman: Shashank Manohar; Headquarters: Dubai, United Arab Emirates.

Read full article: bankersadda.com

Poietis: Bioprinting With Their Innovative Laser-Assisted Technology

  • Their aim is to design living tissue using cells and biomaterial that researchers can apply to manufacture products for regenerative medicine, preclinical research, and cosmetic uses–making a big difference in the testing of cosmetics and consumer products.
  • In 2015, chemical giant  BASF  signed an agreement with Poietis to 3D print skin  for cosmetic testing purposes, using the 3D laser-assisted bioprinting technology to further develop its Mimeskin tissue, which is one of the closest equivalents to the original physiological equivalents of real human skin.
  • The two bioprinters currently marketed are the NGB-R Bioprinter (commercialized for research applications) and the NGB-C Bioprinter (a clinical-grade, GMP-compliant system dedicated to clinical applications and challenges of industrial manufacturing of implantable tissues).
  • ” Today our NGB-R consists of a platform (CAD + bioprinter) allowing to control the 3D organization of cells with cell resolution.
  • Finally, we can control and monitor the formation of organoids through a controlled deposition of 2D cells (one or more cell types) and bioprint large objects such as cell aggregate of spheroids,” said Brisson.

Read full article: 3dprint.com