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NEWSLETTER - November, 2019
PORTFOLIO UPDATES

Meddo founders had an opportunity to present their insights about the Indian healthcare ecosystem to Bill Gates on his recent visit to India

 

 

YuppTV Join Forces With BSNL for a Triple Play Service Partnership

The global leader in South-Asian OTT content, YuppTV has announced its partnership with India's oldest communication service provider, BSNL. The two category-leaders have entered into a triple play partnership for video and broadband technology services for mobile and fixed line. YuppTV will not only bundle its services for BSNL broadband and mobile customers but will also assist the brand in offering broadband services to underserved areas, by providing last-mile infrastructure.

 

Blaize emerges from stealth with $87 million for its custom-designed AI chips

SRI Capital invested in the seed round of this AI chip company originally called ThinCI. The company has now been rebranded as Blaize.

 

Blaize emerged from stealth today with $87 million raised over several venture rounds from strategic and venture backers Denso, Daimler, SPARX Group, Magna, Samsung Catalyst Fund, Temasek, GGV Capital, SGInnovate, and Magna; the second-to-last round closed in September 2018 and totaled $65 million. The company initially focused on what it called vision processors — chips to speed up vision, radar, and sensor fusion tasks — before expanding to encompass datacenters, edge infrastructure devices, and enterprise client devices.

 

10 Indian Startups With Unique Fintech Solutions That Use AI Algorithms And Models

Lending startup Shubh Loans aims to democratize credit for millions of borrowers in India, who are not yet part of the formal credit system. Its main focus is to expand the availability of fair and transparent capital. It is also building the next generation credit assessment, lending and risk management platform, using the latest technologies, including Big Data analytics and AI. Armed with real-time analytics and credit reports based on alternative data, it enables lenders to access unserved and underserved market segments.

 
 
INDUSTRY UPDATE

The biggest myths about the next billion internet users

As tech companies compete to gain the next billion internet users’ attention and their data, the question remains if these organizations truly know who these users are—what are their preferences, desires, aspirations, and motivations for getting and staying online? Currently, tech innovations are being built on some powerful and persistent myths about these users, continuing to focus on what they assume these users need versus what they want.

 

India Sees Opportunity in Trade Fight: Luring Big Companies From China

India is making a push to get Apple Inc. and other big brands to switch production to India, as the risks of manufacturing in China rise along with trade tensions. Prime Minister Narendra Modi’s government has been trying to transform the country’s image as a difficult place to do business, promising a more predictable and open regulatory regime, a simpler corporate tax structure and incentives for targeted industries.

 

The economics of streaming is changing pop songs

Streaming platforms like Spotify have reshaped the music business—and pop songs. Last year, streaming accounted for almost half the industry’s revenues of $19.1bn. In America, the share was 80%. With artists now paid on the basis of listening time vs. total sales earlier, the structure of songs have evolved. The gist of it: songwriters now get to the good stuff sooner.

 
 
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