Bangalore, July 9 2015: The India Electronics and Semiconductor Association (IESA and the Bangalore Chapter of The Indus Entrepreneurs (TiE) in association with MediaTek Labs created a platform this month to promote and support students, start-ups and entrepreneurs in fabless semiconductor and electronic products in the IoT or connected devices space across agriculture and healthcare sectors.
Five selected startups and six student innovators showcased their path breaking IoT innovations across healthcare and farming sectors.
The selected start-ups showcased their innovations to an expert jury panel who evaluated their work diligently to find out the best 4 innovations; 1 start-up and 1 student innovations each in healthcare and farming sectors.
Best IoT healthcare start-up: Yostra
Best IoT agriculture start-up: NubeSol Technologies Pvt. Ltd.
Best student innovator (healthcare): M S Ramaiah Institute of Technology - Vivin T Wilson, Sidharth Panicker, Madhu Venkatesh and Sneha G Bhat
Best student innovator (agriculture): Sri Shakthi Institute of Engineering and Technology – Arun N, Ashwanth Krishna V, Balakumaran S, Deepak Kumar V and Jawahar Srinath D.
In his keynote address, former chairman of ISRO, U. R. Rao, stressed the need for extending a helping hand to the young technology talent and creating the culture of entrepreneurship in colleges.
Jun-ichi Kawaue, Head of the Consulate of Japan in Bangalore, threw light on the burgeoning IoT opportunities shaping up in the country. He also expressed Japan’s interest to invest in India’s IoT eco-system and work with Indian companies to develop a comprehensive IoT sector in the country. The event also had panel-discussions and knowledge sharing sessions around modern agriculture and healthcare.
Said: Arvind Tiwary, Chair, IoT SIG , TiE, said, “We are seeing great traction for IoT in India and there has been a host of start-ups being set-up with an intention to design and build innovative connected devices. Our country is also witnessing a large number of student innovators working on various IoT projects in their respective campuses. We are committed to identify and mentor these smart technology brains at an early stage and build a wave of entrepreneurship in the colleges across India.”
Added M N Vidyashankar, President, India Electronics & Semiconductor Association (IESA):," “IESA is convinced about the impressive future of India’s IoT space. It is our constant endeavour to support the IoT start-ups and student innovators and this time we have decided to focus on healthcare and agriculture as we see it impacting the lives of millions across our country like no other sector. The solutions developed by these start-ups have the potential to directly impact lives across metros, tier II cities, small towns and our villages. The benefits will be multi-prolonged; the ‘thought leadership’ aspect will very soon make all of us proud and more importantly the ‘economic impact’ wherein the big billion dollars that IoT will bring to the country’s exchequer.”
Said Marc Naddell, Vice President, MediaTek Labs:“We see a great opportunity to deliver leading technology and innovation across the Indian market and beyond, with the help of the developer community through MediaTek Labs. We recognize the importance of IoT to India, especially in the health and agriculture sectors.”
MediaTek Labs supported this event in an effort to stimulate new product innovation by startups, developers and makers in the area of IoT and Wearables based on MediaTek LinkIt development platforms, and offer its support on the path from ideation to prototyping to commercialization through the company’s global supply chain network of partners.