Are you paying 10 months’ rent as deposit whenever you get a house for rent in Bangalore or Mumbai? Searching for a house in a metro city may seem like a Herculean task; but dealing with the house owners can get even tougher. With high demands for up to 10 months’ rent as advance deposit (from which a big chunk is deducted citing “invisible” charges when the house is vacated) leaves a tenant dejected.
Whether we’re landlords or tenants, we all know how important it is to maintain a cordial relationship with the other party. One thing that often creates ripples in this relationship is rent. There are many factors that make rent the bone of contention between a tenant and his landlord. At times, a tenant might be facing cash crunch, might forget the due date or might not be able to arrange for the huge deposits required at the time of agreement.
Often times, it is not just the tenant who is at fault. A landlord might ask for an advance payment or delay the settlement of deposit. At times they are not available to take the payment. These issues arise especially when cash transactions are involved.
This Sunday, we bring you the story of “Paymatrix” an analytics-driven property rent management platform where rent management is made easy and rewarding!
Continue reading “Startup Sunday Season 2 Episode 13 (Paymatrix)”
The “Internet of things” (IoT) is becoming an increasingly growing topic of conversation both in the workplace and outside of it. It’s a concept that not only has the potential to impact how we live but also how we work.
Today, there is data generated everywhere – when you purchase a drug over the counter, disembark a taxi or even when you pass a toll-way. IoT gives us the opportunity to capture this data, analyze it and take action, to make our lives better by being more connected.
Needless to say, this wave of connectivity will transform the auto sector dramatically. Unlike autonomous driving and ridesharing which threaten to disrupt the industry and challenge the incumbents, IoT offers an opportunity, a tool that every auto ecosystem player can leverage to drive the next wave of improvement in efficiencies across all functions and for all stakeholders.
With IoT, car owners will be able to connect their cars with the rest of the digital world. For the most expensive “tech gadget” surprisingly little “consumer tech” has crept into our car. A majority of our cars have worse UI than a smartphone costing INR 10k. Our cars still communicate with us through lights and sound on the dashboard.
And this Sunday we bring you story of “CARNOT” A smart car device made by Carnot Technologies Pvt. Ltd. which with the help of IoT is set to address the above issue and Change our experience of a car drive.
Continue reading “Startup Sunday Season 2 Episode 12 (CARNOT)”
In 1999, Professor Milton Friedman, a Nobel Prize winner in economics stated:
“I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.”
Nine years later, Bitcoin was born.
Continue reading “Startup Sunday Season 2 Episode 11 (Bitcoins)”
“We travel not to escape life, but for life not to escape us.”
A Sneak Peak into the Journey
“INCREDIBLE INDIA”- its not a phrase; its an emotion, an unparallel experience to be explored. India offers a different aspect of her personality- exotic, extravagant, elegant, eclectic- to each traveler to the country. At Wandertrails, they help you choose that particular experience which will shape your vision of the country.
Bangalore based tech travel startup, started in July 2016, is the brain child of Vishnu Menon, Sruti Ramesh Chander and Pranav Kumar (graduates from IIM-Calcutta), Narayan Menon and Hari Gangadharan (industry veterans).
Continue reading “Startup Sunday Season 2 Episode 10 (Wandertrails)”