You are currently viewing Startup news and updates: Daily roundup (December 6, 2023)

Startup news and updates: Daily roundup (December 6, 2023)


Qualcomm’s chips now support India’s NavIC L1 frequencies

Qualcomm Technologies, Inc. has partnered with the Indian Space Research Organisation (ISRO) to incorporate support for India’s NavIC (Navigation with Indian Constellation) L1 signals in select Qualcomm chipset platforms.

With this collaboration, Qualcomm’s location suite now supports up to seven satellite constellations including NavIC’s L1 and L5 signals.

“Qualcomm Technologies is focused on building long-term partnerships within the Indian industry utilizing our extensive engineering expertise and cutting-edge technologies to enable and propel India-centric innovations and use cases,” said Savi Soin, President, Qualcomm India.

Qualcomm plans to implement L1 support in its chipset platforms by the second half of 2024, with commercial devices expected in the first half of 2025.

EV charging

Log9 joins TORK Motors’ low voltage fast charge standard

Log9 and TORK Motors, members of Bharat Charge Alliance (BCA), partner to promote interoperable charging infrastructure in India.

Log9 introduces Type 6-Bharat LEV fast charging across its new battery platforms in the 2W/3W space, adopting the low voltage fast charge standard. This enables customers of both brands to use chargers and networks based on BCA’s LEV DC interoperable standard.

Any technological updates, including connectors and payment gateways, will be mutually agreed upon for sustained interoperability. The collaboration aims to promote BCA’s LEV DC interoperable charging infrastructure, allowing customers to charge on each other’s networks.

Other OEM customers implementing the standard can also utilize the combined network for vehicle charging.

Housing.com introduces AI-driven Price Trend Engine

Real estate platform, Housing.com, gas introduced an AI-driven Price Trend Engine using ML and AI for property pricing insights.

Initially available in Mumbai, Gurugram, Bengaluru, and Hyderabad, the tool employs a proprietary algorithm for real-time market prices and detailed 2-3 years price analysis.

The tool can provide neighborhood dynamics, help with area comparisons, and predict price appreciation, and financial planning insights.

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56 Secure appoints Tata Digital’s Rajiv Subramanian as co-founder

Security technology startup, 56 Secure, appoints Rajiv Subramanian as co-founder, leveraging his 20 years of experience in consumer, retail, and e-commerce industries.

“My focus will be on strategically driving business growth, expanding our market reach, and fostering innovation to reinforce our leadership in the security technology sector.” Subramanian said.

Rajiv, formerly associated with Tata Digital, will focus on business growth, market expansion, and product innovation in collaboration with co-founders Sacheth Kadam and Harshit Sharma. His past roles include contributions to companies like Cleartrip, Flipkart, Deloitte, and Britannia Industries.

“Rajiv brings in extensive experience in leading and scaling teams, and a proven track record of successfully managing businesses over $600 million. He has managed large P&Ls across both B2C and B2B domains. Given the nature of our business, his understanding of digital to deep enterprise is sure to help us navigate to the next stage of growth” Sacheth Kadam, Co-Founder, 56 Secure.


Edited by Affirunisa Kankudti



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