14 year old Taylor Rosenthal came up with the idea of First Aid dispensing vending machines, an idea that could save many lives and help deal with medical emergencies near kids areas. His startup RecMed, which he launched in 2015, has already been generating buzz. He’s raised $100,000 in angel investments and has already rejected a $30 million offer to buy his idea.
The Bangalore Metro Rail Corporation would soon be rolling out tenders seeking leases at the 10+ metro stations in the city. The idea reportedly had been in the works for a while, but was put on the backburner because of a modest number of footfalls at the stations that served a limited route.
Creatx.io is an Indian company that has developed a SaaS solution for publishers that sits on top of their CMSes and aims to provide a superior workflow layer.
Flipkart has signed on a network of 700 corner stores across 28 cities as part of its alternative delivery program. As a part of this initiative, the company plans on powering last-mile delivery using personnel at the corner stores in a radius of 500 to 800 metres.
In an unexpected announcement, tech giant Apple has revealed that it has invested $1 billion in Didi Chuxing (formerly known as Didi Kuaidi), China’s biggest ride-sharing service.
Travis Kalanick’s girlfriend owns shares in Apple. With Apple’s investment in Didi, her money will essentially fund the Chinese company as it tries to push Uber out of China.
Six Indian startups are among the two-dozen promising startups selected by Google for its second Launchpad Accelerator programme.
Finally a big player has taken note and decided to throw its hat in the wallets ring. Reliance quietly launched its JioMoney wallet on the Play Store yesterday.
Chauffeur provider DriversKart has acquired startup Driven in a cash and equity deal. Consequently, DriversKart is in the drivers’ seat to become market leader in India’s on-demand driver marketplace.