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Flipkart launches startup promotion programme; may invest from its fund

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  Flipkart  announced the launch of ‘ Flipkart  Leap’: the e-commerce giant’s first startup accelerator programme to help new and upcoming firms. The Walmart-owned firm said this would, in turn, contribute to India’s growing entrepreneurial ecosystem and boosting ‘Start-Up India’. Flipkart  Leap will identify business-to-consumer and business-to-business  startups  and help them scale through an intensive 16-week virtual programme. Shortlisted firms will win an equity-free grant of $25,000. Flipkart’s leadership from business, operations, product, and technology will mentor the selected  companies.  It would share best practices, in addition to master class sessions hosted by industry experts. “With innovations and disruptions in the field of technology coming about each day, we want to be at the forefront of driving scalability and helping these  startups  bring value to the industry as well as Indian consumers,” said Kalyan Kri...

Aiisma: An app that rewards users in exchange for sharing Covid-19 data

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As the government is pushing hard to track down the rising number of Covid-19 cases, data marketplace Aiisma, where users can share their user data in exchange for rewards, has enabled a feature on its app for contact tracing and symptom mapping. AiiHealth, its health-mapping feature, allows users to voluntarily and anonymously share their health data in turn helping authorities to take proactive measures if in case there are any abnormalities in the data pool. The  startup  also has a trigger function to send anonymous alerts to any user who might come in contact with a positive case. "Our data figures show nearly one-fourth of our users were regularly moving around the 500-metre radius during peak of the lockdown," said Ankit Chaudhari, founder and CEO, Aiisma. "So these are figures shared by users voluntarily and they are getting rewarded for this information." Read Complete Article