Indian startups make a splash at Viva Tech 2022
Last year, Indian Prime Minister Narendra Modi delivered the keynote speech at the Viva Technology conference. He said India is the ideal destination for startups to flourish at Europe’s biggest startup and tech event. For this year’s conference, the government of India has selected 15 Indian startups and companies to showcase indigenously developed tech products. India’s Minister of Railways, Communications and Electronics & Information Technology, Ashwini Vaishnaw, led the Indian delegation at the ongoing conference. Indian ambassador to France, Jawed Ashraf, and over 100 Indian government officials, CEOs and digital experts have also joined him. Realizing 1.4bn dreams through tech power: With close to 65000 registered startups and 100 unicorns, India’s tech ecosystem is powering digital transformation in India and abroad. Minister @AshwiniVaishnaw at #Vivatech 2022 with #indiacountryoftheyear ! pic.twitter.com/BNMOvOb0V5— India in France (@IndiaembFrance) June 14, 2022 Country of the year India has been announced as the ‘Country of the year’ at Viva Tech 2022. This comes after PM Narendra Modi’s participation in 2021. France and India are natural partners to develop the technologies of the future, said MeitY Startup Hub. https://twitter.com/VivaTech/status/1531541597854347264?t=m-ren9J5ylBzFB6997KbMg&s=08 “India is a leading force in terms of technological innovation. Thanks to its population, know-how and expertise, many companies today are run by Indian executives, and a lot of disruptive technologies today come from the Indian startup environment. “I believe VivaTech organisers wanted to put forward India’s strong know-how and expertise. In a time when the world is changing, India’s leadership is needed to ensure the world is more balanced between Western and Eastern countries,” Nicolas Babin, International Thought Leader in digital innovation, said. #Attention: India will be the country of the year at France's @VivaTech 2022, the biggest startup & tech event in Europe! This comes after PM @NarendraModi's participation in 2021. France & India are natural partners to develop the technologies of the future. #VivaTech pic.twitter.com/duu7ceNFBy— MeitY Startup Hub (@MSH_MeitY) June 15, 2022 Indian startups at Viva tech According to the Economic Survey 2021-22, India is the third-largest startup ecosystem in the world, after the US and China. India has more than 61,400 startups to date. The government of India recognised over 14,000 new startups in 2021-22 alone. Let’s look at some of these startups representing India at Viva Tech 2022. BON V Technology: Based in Odisha, BON V Technology has developed India’s first AI-powered electric aircraft. AI aircraft RM001 carries cargo to highly remote areas. It has been specifically designed for rescue operations in hilly regions, delivering disaster supply kits and also cargo transportation. The aircraft can carry up to 200 kg of cargo, and is seven times cheaper than traditional air transport. The aircraft made quite a splash at the Niti Aayog fest held in New Delhi earlier this year. The multi-utility vehicle is displayed at Expo Porte de Versailles in Paris. Sunfox Technologies: Sunfox is a research and development lab based in Uttarakhand. Sunfox has developed Spandan, a portable 12-lead portable ECG device that offers 24X7 ECG monitoring through its compact smartphone app. Spandan detects 21 Arrhythmia patterns, 12 heart dysfunction diseases, and provides a Live ECG monitoring option through an ECG app for smartphones. Sunfox made news when it secured an ‘all shark deal’ in the first edition of Indian Shark Tank. Sunfox Technologies has secured an investment of INR 1 crore. Thanks to #Spandan, a pocket sized ECG device, many lives can be saved. Congratulations #Spandan on your ALL-SHARK deal! We wish you the best for your future. pic.twitter.com/SjF3Nc792q— Shark Tank India (@sharktankindia) February 6, 2022 Sunfox claimed Spandan offers 99.7 percent accuracy. Also, the device does not require an internet connection. Anupam Mittal, founder of Shaadi.com and one of the sharks on Shark Tank India, took to Instagram and said Sunfox’s sales had soared fivefold since Shark Tank India. Thinkerbell Labs: Bengaluru-based startup Thinkerbell has developed Annie: the world’s first braille self-learning device. Like Sunfox, Thinkerbell too featured in the first edition of Shark Tank India. Annie is named after Anne Sullivan Macy, an instructor and lifelong companion of Helen Keller, American author and disability rights advocate. ( Source: Thinkerbell Labs Twitter) Annie could prove revolutionary for the 20 lakh visually impaired children in India. Annie makes learning engaging and intuitive for blind students. The device is available in nine regional languages such as Kannada, Telugu, Marathi, Gujarati, Hindi, and Malayalam. BlueSemi: Hyderabad-based consumer healthtech startup BlueSemi has developed EYVA, the world’s first non-invasive gadget which can measure six key body vitals such as blood glucose, pressure, ECG, heart rate etc in less than 60 seconds. BlueSemi will also showcase its marquee products at Viva Tech 2022. ( Source: evya.io) EYVA is powered by a patented technology that leverages AI, IoT and sensor fusion. BlueSemi first launched the product during CES 2022 in Las Vegas. The device costs around INR 15,490 and will be available on major e-commerce platforms by mid-2022. Log9 Materials: Based in Bangalore, Log9 Materials is a nanotechnology firm operating in sustainable energy and filtration. According to the company, Log9 Materials is using its core competence in Graphene nanotechnology to develop advanced energy storage technologies. Their Rapid Charging Battery packs are geared towards the 2W and 3W EV platforms, while the Aluminium Fuel Cell technology is targeted towards electrification of long-haul, heavier vehicles. Log9 has been working on unique cell chemistry for its RapidX battery packs powered by InstaCharge technology. Its RapidX6000 battery takes just 40 minutes to get fully charged and offers nine-fold faster charging and battery life compared to the conventional lithium-ion electric vehicle batteries. Other startups representing India in Paris include Repos, zunpulse, Recity and Technisanct etc.
India is a leading force in terms of technological innovation.
India is a leading force in terms of technological innovation.
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["AI", "Aim", "RAG", "R", "Go", "Git", "API", "GAN", "ViT", "digital transformation"]
I have a keen interest in creative writing and artificial intelligence. As a journalist, I deep dive into the world of technology and analyse how it’s restructuring business models and reshaping society.