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…
- Here are 6 ways the Indian government is collecting your facial data March 30, 2023
- India’s telecom regulator Directs Telcos to Report Major Network Outages March 30, 2023
- No report available on economic cost of internet shutdowns in India: Telecom Dept in Parliament March 30, 2023
- MediaNama Daily: Fraud vs Fintech March 30, 2023
- RTI: The curious case of ‘no data on insured vehicles’ with India’s Insurance Regulatory Authority March 29, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection
The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
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...
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...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
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...
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...