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…
- “Foreign state actor” may be responsible for the ransomware attack on AIIMS-Delhi: Report December 3, 2022
- Agenda: Reworking The Data Protection Bill, Delhi, 8th Dec #Ad December 3, 2022
- Why has the deadline to comply with UPI market share cap been extended by the NPCI? December 3, 2022
- India’s IT Minister on DPDP Bill: Law should be kept ‘simple’, subordinate rules won’t exceed Act December 3, 2022
- MIB approves ninth self regulatory body, PADMA, under the IT Rules, 2021 December 3, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
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...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
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...