innovation

Astrocast seeks direct stock listing as investors gain a fortune

Astrocast seeks direct stock listing as investors gain a fortune

Astrocast is a satellite service that connects a variety of devices, rather than Elon Musk's Starlink services which focuses only on providing high-speed internet access to those who are unable to reach it by fiber optic cables. Astrocast, a Swiss-based nanosatellite company, is looking for 50 million Swiss Francs ($54) in private placement to prepare for a stock market listing. The company plans to list on one Euronext NV's small- and medium-sized business exchanges, much to the delight of investors. It anticipates the direct listing of between 30-40 per cent of its shares during the third quarter. The company is…
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IIT Delhi Launches Grassroots Innovation Programme for Students

IIT Delhi Launches Grassroots Innovation Programme for Students

New Delhi: The Principal Scientific Advisor (PSA) to the Government of India, Prof K. Vijay Raghavan launched ‘Grassroots Innovation Programme (GRIP)’ for students, an initiative by IIT Delhi under which the Institute students will work on finding novel solutions to grassroots societal problems identified by them from rural and semi-urban areas, including the communities they come from. Lauding the initiative launched by IIT Delhi, Prof K. Vijay Raghavan expressed hope that GRIP will result in the development of several innovative solutions for society. Activities proposed as a part of this new initiative includes Social Immersion, a programme in which a…
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AI-driven ‘XraySetu’ to facilitate early COVID interventions

AI-driven ‘XraySetu’ to facilitate early COVID interventions

New Delhi: XraySetu, a new AI-driven platform has been developed that will help in early intervention over WhatsApp. This will be made possible through rapid screening of COVID-19  cases with the help of chest X-ray interpretation for doctors who have access to X-ray machines. XraySetu can work with low resolution images sent via mobiles, it is quick and easy to use, and it can facilitate detection in rural areas. As COVID-19 continues to wreak havoc across the rural heartlands of India, it has become critical to drive rapid testing, contact tracing, and create dedicated containment  zones. When tests take more…
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An effort to promote a culture of innovation and entrepreneurship

An effort to promote a culture of innovation and entrepreneurship

New Delhi: The Office of Principal Scientific Advisor (PSA) to the Government of India in partnership with Salaam Bombay Foundation and Pune Knowledge Cluster organized an outreach session showcasing innovative solutions developed by school children to ensure the safety of teachers and students when schools reopen across the country. The programme was a part of the Office of PSA’s Innovation and Science @Bharat’s Industry-Academia knowledge sessions. It was meant to inspire school children for finding technology-based solutions for India’s wide-ranging challenges. It was conducted live on the YouTube channel of the Office of PSA for school children studying in 9th…
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SBI Foundation to help deploy two indigenous innovations for COVID care

SBI Foundation to help deploy two indigenous innovations for COVID care

New Delhi: Bengaluru-based Centre for Cellular and Molecular Platforms (C-CAMP) has inked a pact with SBI Foundation for CSR (corporate social responsibility) support towards boosting existing public healthcare efforts in light of a resurgent COVID-19 pandemic. Through this joint effort, they will bring two new, potentially life-saving technologies in assisted respiratory devices and contactless remote vitals monitoring categories for deployment across the country. The innovations developed by two of India’s medtech startups, Coeo Labs and Turtle Shell Technologies will be deployed in several cities worst affected by the pandemic. Dr Taslim arif Saiyed, C-CAMP CEO and Director said, “The C-CAMP-SBI…
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