Artificial Intelligence is the hot topic everyone is talking about today. But what is Artificial Intelligence? Artificial Intelligence is a part of computer science that aims to create intelligent machines. But there is much more to it than meets the eye.
“A year spent in artificial intelligence is enough to make one believe in God.” —Alan Perlis
Attentive AI is one such entrepreneurial venture which using their own AI aim to meet the needs of the remote sensing industry to generate actionable insights on a daily basis. Getting confused, let’s simplify it. Remote sensing is the science of obtaining information about object or areas using aircraft or satellite-based sensor technologies. So according to the people at Attentive AI there are trillions of pixels of raw data that exists out there waiting to be processed. Even if the population of the entire planet was to analyze this data it would take an eternity. But processing this data and extracting insights from it requires a human-like accuracy. Attentive AI was founded on this premise developing Artificial Intelligence Systems that made it possible to analyze petabytes of remote sensing data, converting it into accurate insights with minimal human effort. They create geospatial data which is data that gives information about a physical object in the form of numerical values on a geographic coordinate system like roadmaps for their clients.
Continue reading “Startup Sunday Season 3 Episode 10 (ATTENTIVE AI)”
The Human Mind has always baffled many scholars, researchers, scientists and philosophers for its sheer ability to think and perceive the unimaginable. Sir Albert Einstein once famously quoted, that “Logic will take you from A to B. But Imagination can take you everywhere”. To what extent this quote is valid can be judged by the way that humans have evolved only through innovation over the centuries. From lighting fire to producing nuclear energy and from making wheels to sending the man on the moon, we have practically achieved a lot as a species. Human race over the generations has been blessed by such thinkers, philosophers, and innovators who have challenged and disrupted their time and have come up with discoveries and innovations that none could imagine then. Even today we have visionaries, who with their imaginative minds cross all the boundaries that bind a normal person, to create a better world for those living therein.
When we talk about visionaries, one such person who has changed the way multiple industries work is Elon Reeve Musk. Born in Pretoria, South Africa, Musk’s journey in becoming a visionary and an entrepreneur started at the age of 12 when he created Blaster, a BASIC-based video game, and later sold it to a Magazine known as PC and Office Technology, for approximately $500. Later being inspired by The Hitchhiker’s Guide to the Galaxy by Douglas Adams, Musk believed that the Internet, Renewable Energy and Space Travel would be having the biggest impact on the lives of the people worldwide. This week’s Startup Sunday would thus feature the journey that Elon Musk took as an individual to establish three very different ventures and how he built those enterprises from scratch with a never say die attitude. Such an undying spirit was the result of his conviction to his own ideas.
Continue reading “Startup Sunday Season 3 Episode 9 (ELON MUSK- The visionary with an impeccable spirit)”
OYO Rooms, to be valued at $2 Billion, could be the next entry in the Unicorn Club. Started in 2012 the success story of Gurugram based OYO rooms almost seems like a fairy tale. Founded by Ritesh Agarwal,24, a tall, thin, scruffy looking guy who would be lost in crowd is an inspiration to every budding entrepreneur. Earlier this June the online hotel aggregator, which reportedly has a network of over 1,00,000 rooms in India, has already started establishing its presence in London & China. Let’s unwind the story of OYO Rooms! Your budget-friendly holiday home.
The Maestro and the Orchestra
Ritesh Agarwal hails from a well-off business family from Bissam, Cuttack. At the age of 8, he started coding and thus began his love for software programming. At the age of 16, when he was in Kota to join IIT, Ritesh travelled extensively and stayed in odd Bread & Breakfast (B&B) places and by the time he was 18, he dropped out of college to kick-start his entrepreneurial dream. It’s been an exceptional journey for Ritesh, from being a college drop out at 18 to a Millionaire at 24.
In 2012, Ritesh Agarwal started with Oravel Stays! replicating the model of Airbnb i.e. providing short and midterm rental B&B joints, serviced apartments and private rooms. But the Company failed to pick up and garner any movement; so ultimately in 2013 the existing business model was tweaked to make way for “OYO Rooms”.
Continue reading “Startup Sunday Season 3 Episode 8 (OYO Rooms)”
As per NASSCOM, India with more than 3,100 new startups is the third biggest base for entrepreneurship in the world. With more than 800 new startups being set up every year, the nation would have 11,500 new startups by 2020, employing more than 2,50,000 individuals. India is not only the third largest nation for startups but also has the most expensive real estate. Early-stage startups in India struggle to find high quality and affordable office space. Innov8 solves this problem by providing them with an ergonomically designed flexible workspace.
Continue reading “Startup Sunday Season 3 Episode 7 (Innov8)”
Let’s face it: In such a fast-moving world where everyone is so busy and performance pressure is everywhere, we often forget small things and sometimes even the most important of the things! Imagine yourself going out on an important presentation and you reach the venue just to realize that you forgot to bring your pen drive. Another scenario where it’s your anniversary and you forgot to bring the cake for your wife (you’re already in danger). Who can possibly help you in no time?
HUMHain is the name!
Three years back, a boy who observed these scenarios, got a small idea which then got converted into a business model called ‘HUMHain’. Their tagline goes like this “Deliver anything from anywhere”, which itself explains the very motives of the company.
Continue reading “Startup Sunday Season 3 Episode 6 (HUMhain)”
Everyone of us have dreamt of a world of our own in our childhood. But as we grow we are made to realise what reality is. Now what if the reality becomes the way we want it? Sounds interesting? Parallax is doing the same!
Continue reading “Startup Sunday S3 Episode 5 ( Parallax Labs)”
Entrepreneurship is the most powerful economic force known to humankind! The “entrepreneurial revolution” that captured our imagination during the late 1990s has now permeated every aspect of business thinking and planning. As exemplified by the “dynasty builders” of the previous decades, be it Dhirubhai Ambani of Reliance or Bill Gates of Microsoft, the applications of creativity, risk taking, innovation and passion lead the way to economic development far greater than anyone could imagine. The 21st century presents newer and sometimes more complex challenges than ever before conceived; however, the entrepreneurial drive and determination of our yet-to-be discovered “dynasty-builders” will be our greatest solution.
A recent survey published in The Times of India (ToI) describes the Indian Youth as ‘cool, confident and even a little complacent’. The youth today, in marked contrast to his ilk of the pre-reforms generation, is not worrying about the future. The survey found only 7 per cent of the Gen-X Indians worried about finding employment and mere 5 per cent anxious about financial stability. Interestingly the study found that youth across India want to be wealthy, successful and educated, they want to achieve this through a range of business choices. A good number want to venture into business ownership and information technology. Entrepreneurship has been regarded as an important determinant of wealth creation. It was trading in ancient times, labour-dominated production in the medieval age, technology-enabled manufacturing in the modern times and services and knowledge-oriented in the post-modern era. The all-important question that needs to be answered is why entrepreneurship not picking up in India at the pace that is required?
Continue reading “Startup Sunday Season 3 Episode 4 (ENTREPRENEURSHIP AND ECONOMIC GROWTH: THE INDIAN PERSPECTIVE )”
The first wave of unicorns (a privately held startup company valued at over $1 billion) was created across e-commerce (Flipkart, Shopclues, Snapdeal) and ride hailing (Ola). With the recent funding round, the tide has turned towards food-tech with Swiggy joining the coveted club along with its closest competitor – Zomato. Let’s unwind the journey of this Bangalore based startup that brings restaurants into your pockets!
Founded in 2014, Swiggy is a food ordering and delivery company. Inspired by the thought of providing a complete food ordering and delivery solution, Swiggy brings the best neighborhood restaurants to the urban foodies. With the expanded reach in 15 cities, Swiggy has over 35,000 restaurant partners and a diligent delivery fleet of over 40,000. Continue reading “Startup Sunday Season 3 Episode 3 (Swiggy)”
For years now, we have been hearing about the possibility of an electric vehicle being on Indian roads. While other companies are trying their best, a Bangalore based startup, Ather Energy has accomplished this feet and have launched their products the S340 and S450 in the market.
This five year old startup is the brainchild of IIT-Madras alumni Tarun Mehta and Swapnil Jain who believe that electric vehicles are far better than petrol vehicles in every parameter worth comparing. With Ather Energy raising funds from Hero Motocorp, Tiger Global and Sachin & Binny Bansal of Flipkart fame in three separate rounds, they look at rolling out 2000 vehicles from the Whitefield plant at Bengaluru. They plan an ongoing up to 600 units/ week by next year.
Continue reading “Startup Sunday Season 3 Episode 2 (Ather Energy)”
Techizer Tech aims to revolutionize healthcare marketing with their innovative digital solutions. They leverage various technologies and provide effective and innovative solutions to address healthcare marketing challenges.
Founded in 2011, Techizer today is one of the leading healthcare IT Companies, associated with more than 700+ brands and 60+ healthcare companies in India, South Korea and Sri Lanka.
With founders of over 2 decades of experience in healthcare marketing, Techizer is an energetic, fresh vibrant team of 50 offering innovation, industry knowledge, and unmatched client service.
Today The Entrepreneurship Cell brings to you the story of Techizer Tech directly from its founders.
Continue reading “Startup Sunday Season 3 Episode 1 (Techizer Tech Solutions Pvt Ltd.)”