wordpress blog stats
Connect with us

Hi, what are you looking for?

Qualcomm to invest $150 million in Indian startups

U.S.-based chipmaker Qualcomm announced that it will be investing $150 million in Indian startups following Prime Minister Narendra Modi's meeting with heads of Silicon Valley's technology firms heads, reports IANS. Executive chairman Paul Jacobs made the announcement at the Digital Economy event in San Jose over the weekend and said the venture fund was in support of the government's Digital India and Make in India initiatives. The company said it would invest in IOT startups, without being more specific about which ones how much and by when. Qualcomm ventures has been investing in startups in India since 2007 and some of its portfolio companies include online real estate portal Housing, Reverie Language Technologies(which operates the multilingual Android keyboard Swalekh), traffic information provider Traffline, mobile application development and distribution company AppsDaily, medical services company Portea Medical and mapping services company MapMyIndia. So far, Qualcomm ventures has invested in 12 companies in India. Here's a full list of their portfolio companies. Health services: In 2013, Spice Global partnered with Qualcomm to launch health services on mobile in India.  Qualcomm Life Inc, a subsidiary of Qualcomm was set up in 2011 to enable the wireless mHealth community including patients, doctors, healthcare experts, even developers and the technologists through its 2net platform. This platform is designed to access and store data from patients’ medical device which can later be retrieved and accessed through a cellular connection. Qualcomm Services Labs: In 2010, the company launched Qualcomm Services Labs, a fully owned subsidiary set up to incubate new ideas, technologies and service models…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ