Jaracare Collaborates With India’s Practo To Reduce High Cost Of Medical Tourism In Nigeria — Leadership Newspaper

  • Published 1 min ago
    on March 17, 2019
    Nigerian Telemedicine startup, Jaracare has partnered with India’s Biggest Telemedicine company at a value of about $800m to reduce the high cost on medical tourism and improve online healthcare services in Nigeria.
  • This is in effort to bring access to professional medical services and reduce excessive cost on treatment abroad, and also to eliminate the huge cost attracted by middlemen in service delivery.
  • Opurum said while Nigeria fights to reduce excessive cost on medical tourism, “I believe that we can leverage on technology to reduce unnecessary cost paid to middlemen and medical facilitators who arrive Nigeria and Africa for commission on referrals.
  • We are leveraging on technology to create abundance in medical care even in scarcity by allowing people to access quality healthcare online.

Read full article: leadership.ng

Startup Street: Homigo’s Tenants, Employees Accuse Missing Founders Of Fraud

  • This week on Startup Street, tenants and employees of co-living startup Homigo alleged fraud by founders.
  • Indoor farming startup Plenty hired Twitter’s former chief financial officer for the same role in the latest addition to its team.
  • Facebook unveiled a new initiative to support entrepreneurs in India.
  • of co-living startup Homigo have filed a police complaint accusing founders of absconding with their security deposits and rents.
  • Facebook launched an initiative across India—called Facebook Hubs—to support startups and entrepreneurs.

Read full article: bloombergquint.com

Pune drone startup wins top innovation prize in global contest

  • FlytBase Labs, a Pune-based commercial drone software company, has won the top innovation prize in an international contest which saw the participation of 401 startups from 18 countries.
  • Data Open Innovation Contest 9.0 was held in Tokyo on March 13-14 in which the city-based FlytBase was declared as the grand champion.
  • The final results were tweeted by Zamma, head of Open Innovation at NTT Data, on the handle @NTTDATA_OI.
  • During the regional round in January, Kiran Deshpande, president TiE Pune had, said, “Globally 18 countries have participated in the Open Innovation Contest 9.0 and 401 startups registered.

Read full article: hindustantimes.com

How startups are leveraging deep tech knowledge to power ahead

  • How startups are leveraging deep tech knowledge to power ahead
    Technologists and scientists who have worked with R&D units of tech giants or at top academic institutes are branching out.
  • The next could well be a slew of companies with deep scientific expertise developing solutions for the world, out of India.
  • Ventures such as Niramai, Sig-Tuple, Agnikul, Scapic and Alphaics, are developing tech-centric products, tools and solutions from their India labs.
  • They aren’t interested in vanity metrics such as GMV [gross merchandise value], or ARR to judge the growth of our investments,” says Som Pal Choudhary, cofounder of the Bharat Innovation Fund (BIF), based in the Centre for Innovation Incubation and Entrepreneurship at the Indian Institute of Management, Ahmedabad.
  • CIIE has had a presence as a mentor and early investor in startups [including the $20 million Infuse Ventures, focused on clean energy companies] since 2006, and with its latest iteration, made a broader, bolder bet on these deep-tech ventures.
  • These firms mark the next evolution of India’s startup story,” says Sateesh Andra, founder of Endiya Partners.

Read full article: economictimes.indiatimes.com

Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

  • I spent the week at SXSW, Austin’s really, really huge technology, music, comedy and film festival.
  • It’s my first year making the trek down here for the event, which I did to interview sextech entrepreneur Lora DiCarlo founder Lora Haddock, whose robotics innovation reward was infamously revoked at this year’s CES.
  • Haddock, during our chat, also announced the first-ever government grant for a sextech startup, a $99,637 funding for Lora DiCarlo from the state of Oregon.
  • In an announcement that shocked VC Twitter, Tiger Global announced that Lee Fixel , whom Bill Gurley once said is one of the smartest investors on the scene, is leaving the firm at the end of June.

Read full article: techcrunch.com

Without OYO-like backing, Innov8 couldn’t have taken on coworking giant WeWork, says expert

  • Innov8 has so far raised only million across 3 rounds, as per deals tracker Crunchbase.
  • WeWork has scaled to 26 locations across Mumbai, Gurugram, and Bengaluru in just around 18 months since its launch in India vis-a-vis 12 locations in six cities where Innov8 has expanded since its launch in 2015.
  • Now with OYO entering into coworking space through Innov8, it is expected to get little easier for the latter to expand.
  • OYO, which is backed by SoftBank, has big plans for coworking space in India as it would require lot of capital to expand in the market.

Read full article: financialexpress.com

Tech for enterprise: Cisco’s fourth cohort launchpad focuses on deep tech

  • From making payments using sound to using Internet of Things (IoT) to track plane terminals, to using quantum cryptography to protect enterprise data – Cisco’s fourth cohort of startup graduates showed investors and enterprises that India can be a product nation.
  • In its previous cohorts, Cisco has mentored the following startups:●      First cohort: AlgoEngines, VuNet, Teslon, Torchfi, Navstik Labs, haltDos, Astrome, and IQLECT●      Second cohort: App Knox, Mishi Pay, Dataglen, Pickcel, Entrib Technologies, Pycno, Imaginate, and Spectral Insights ●      Third cohort: Asquared IoT, Atoll Solutions, Exabit Systems, FluxGen, SenseGiz, Talasecure, Planetworx, and Ziroh Labs.

Read full article: yourstory.com

‘People now buy or boycott brands based on social or political issues’ – Times of India

  • Kim’s address was followed by a panel discussion titled ‘Blurring line between India & Bharat’, during which most speakers, including Girish Agarwaal of Dainik Bhaskar group, C K Sharma of DS Group and Rajesh Ramakrishnan, MD of Perfetti Van Melle India, agreed that marketers should treat consumers in rural and urban India in a similar manner.
  • After this session set the tone, leading European humanologist Julia Izmalkowa picked up the pace by peeling away layers of the human mind to prove that most people, including consumers, are liars and what companies must do to look through that.
  • The second day of Star FLOW began with Roger Fisk telling the audience that ‘Individuals are organisers that need to be activated’.
  • Fisk, who played a key behind-thescenes role in the back-to-back electoral victories of former US President Barack Obama , explained how a startup mentality by Obama’s team helped the former US president come to power.

Read full article: timesofindia.indiatimes.com