Early last year, helicopters descended in two desperately remote Ethiopian villages. Dozens of tablet devices loaded with games and educational software were dropped off without explanation and instruction, as illiterate young children gathered around. Within five days, those children—who had no previous exposure to printed materials from packaging to road signs, let alone exposure to electronics—were using 47 apps per child, per day. Five months later, in addition to using the tablets to play video games and do spelling exercises, they even managed to hack Android.
Last autumn, the fascinating results of this experiment, led by the chairman emeritus of the Massachusetts Institute of Technology’s (MIT’s) Media Lab, Nicholas Negroponte, were released, providing further evidence (as if any were needed) of the resourcefulness and intelligence of young people in some of the world’s most difficult places. Just as striking, though, was how the experiment itself epitomized a phenomenon in education reform across the world. Tech-savvy activists and philanthropists from Bill Gates to Salman Khan of the Khan Academy have become obsessed with finding impersonal means of reaching students—means that minimize that unpredictable and costly human factor otherwise known as The Teacher.Read more
Parabo Press is a breeze to use: It’s clean and easy to read, your options are straightforward, and there are no annoying upsells. Prints from its Risograph machine, which uses soy-based ink and is described by Parabo as having “a cult following since its invention in 1980s Japan.”
“We are creating solutions specifically for the Indian rental community. For Aibnb, we are creating a separate set of packages, more attuned towards travellers, which will allow the hosts to pick and choose from these packages and furnish their house,” Ajith Karimpana
The Make in India programme needs design, in order to succeed in its fundamental endeavour. Melorra has integrated design and manufacturing with processes, people working in manufacturing are involved in product design concepts as a result delivery times are almost half those of competitors.
Red Chillies Entertainment partnered with Furlenco for its forthcoming Shah Rukh Khan and Alia Bhatt starrer ‘Dear Zindagi’. Furlenco and Red Chillies have also launched a TVC and an exclusive ‘Dear Zindagi’ store for the movie buffs.
Sub-cultures drive the products that emerge out of tech startups. Sub-cultures push the envelope on thinking about how society might develop. The ones that interest investors are those with the potential to indicate where the world could go next.
It is a combination of 50% equity and 50% debt, making them one of the largest debt funded start-ups in India. While Furlenco plans to utilise the equity component to grow its business into more cities, the debt will be used to purchase inventory.
Droom has clocked a GMV of Rs 104 crore in a short span of 19 months. They have registered over Rs 1,200 crore in annualised GMV, with plans to achieve Rs 3,000 crore by March 2017. The achievement has come despite low marketing spends at 3.75 per cent of the entire GMV.