Startup Around

The Indian Railways has developed a low-cost ventilator, Jeevan, at its Kapurthala Rail Coach Factory that could save thousands of lives at a time the country is grappling with a shortage of the medical equipment in its fight against coronavirus.

The prototype is now awaiting ICMR clearance to go into production, the Railways said.

"Overall, the cost will still be a fraction of what regular ventilators cost," he said.

The 11-member team behind Jeevan needed to source only two parts a regulator valve and a microprocessor from vendors in Delhi and Noida.

RCF is the premier coach production unit which manufactures the German design Link Hofmann Busch coaches. | To read full story, visit https://startuparound.com/read/1586152805.7950757/Coronavirus:-Railways-develops-low-cost-ventilator-'Jeevan',-seeks-ICMR-approval?ref=audio_experience

The power consumption went down from 117GW to 85.30GW within the spin of around four minutes leading up to 9 pm.

There were apprehensions about an adverse affect on the electricity grid due to the blackout among people, which were dispelled by the Ministry of Power on Saturday.

Power System Operation Corp Ltd, the agency responsible for managing the electricity grid, had said lighting load of household consumes may be no more than 12-13 GW.

These apprehensions are misplaced," the power ministry had said on Saturday.

India went through a grid failure in 2012 due to technical reasons. | To read full story, visit https://startuparound.com/read/1586151005.584852/PM-Modi's-9-minute-lights-out-call-goes-well-without-disrupting-electricity-grid?ref=audio_experience

Aarogya Setu is a mobile application developed by the government of India to connect citizens to essential health services in the combined fight against the coronavirus pandemic.

The Aarogya Setu app is considered to be the official source of all coronavirus-related information, and an important tool to curb the spread of COVID-19.

In just three days since its launch, the Aarogya Setu app has notched up five million downloads on the Google Play Store; it currently stands at 10 million downloads.

It has also become one of the top free apps in India on both Google Play and App Store.

While the App Store does not mention metrics like the number of downloads, Aarogya Setu is occupying the top spot in the Health and Fitness, and the free apps sections. | To read full story, visit https://startuparound.com/read/1586149205.9762182/4-days,-10M-downloads:-Aarogya-Setu-app-plays-key-role-in-India's-coronavirus-fight?ref=audio_experience

From medical professionals to project managers and quality assurance process managers, there are plenty of careers that experience a great level of employee satisfaction.

The PALS course will teach you the fundamentals of basic life support that many healthcare professionals know.

Your PALS certificate provides proof that you’ve completed PALS training and is a great addition to any resume.

Quality Assurance ProfessionalLike many medical professionals, quality assurance pros do life-saving work.

You’ll likely need an intermediate DO-254 training course for avionics hardware engineers. | To read full story, visit https://startuparound.com/read/1586147406.6248858/10-Jobs-People-Genuinely-Love-to-Do?ref=audio_experience

Crashing Public MarketsAccording to Pai, the public market has a direct relationship with the startup ecosystem.

He explained that most of the money which flows towards the startup ecosystem comes from public markets.

“The source of funding of all startups and venture capitals (VC) is a public market,” he added.

Most of the wealth accumulated in the public market, in the last 10 years, has been eroded,” he added.

Right now several term sheets are being pulled off,” Pai added. | To read full story, visit https://startuparound.com/read/1586145605.3062398/Term-Sheets-Are-Being-Pulled-As-Public-Markets-Crash,-Siddarth-Pai?ref=audio_experience

According to a report by Entrackr, the latest funding round has come at a valuation of around $3.25 Bn for Zomato.

Prior to this, Zomato had raised $150 Mn funding at almost the same valuation from existing investor Ant Financial, which is an affiliate of Chinese ecommerce major Alibaba.

Besides food delivery, Zomato also acts as a restaurant discovery platform and recently launched grocery delivery to meet the high demand in the market for staples and essential food items.

While Swiggy was already operating in this space with Swiggy Stores and Swiggy Go, Zomato also followed the market with a grocery delivery service launch.

Additionally, Swiggy has partnered with some grocery stores to deliver items in cities where Swiggy Stores and Swiggy Go are not operational. | To read full story, visit https://startuparound.com/read/1586143917.5972009/Zomato-Raises-$5-Mn-Funding;-Valuation-Inches-Closer-To-Swiggy?ref=audio_experience

To help this section of the population, many Indian startups have already stood up to the task of delivering meals and essentials.

For instance, food delivery platform Zomato has launched a campaign to provide ration to daily wagers who have lost their livelihood due to the lockdown.

Previously, the company had offered 500 cabs for healthcare staffers, transportation of medicine and other essential healthcare services for emergencies.

For the same, the company has partnered with SRL Diagnostics, Metropolis Healthcare, Suburban Diagnostics, City X-Ray & Scan Clinic, TRUTEST Laboratories.

So far, the company has produced 70 informative reports on coronavirus which has reached to over 40 Mn people. | To read full story, visit https://startuparound.com/read/1586142006.1079402/#StartupsVsCovid19:-Zomato,-Ola-Shine-Lives-Of-Daily-Wagers-On-Day-12?ref=audio_experience

A significant milestone to fight the disease has been achieved by Pune-based molecular diagnostics startup, Mylab.

According to BBC, the scientist began her work on the COVID-19 test kit in February, just a few days after being discharged from the hospital where she was being treated for a pregnancy complication.

Cost-effective and time-savingMylab-developed ‘Made in India’ test kits are capable of diagnosing a patient in two-and-a-half hours, unlike the imported kits, which currently take up to seven hours.

The startup also claimed that Mylab PathoDetect COVID-19 Qualitative PCR kit would cost just around one-fourth of the current procurement cost.

According to a BBC report, the test kit developed by India costs just Rs 1,200, a lot less compared to the Rs 4,500 kit, which the government imports from beyond borders. | To read full story, visit https://startuparound.com/read/1586140206.4629793/Here's-how-Mylab-developed-cost-effective-and-time-saving-COVID-19-test-kits-for-India?ref=audio_experience

A big dreamer since a young age, Buffett had always known that he would be wealthy.

Even at a young age, Buffett displayed entrepreneurial endeavors, such as running a newspaper route and selling horse racing tip sheets.

Buffett graduated from the University of Nebraska at the age of 19 with a degree in Business Administration.

That is why we felt it important and imperative to highlight 24 of the best and most influential quotes from Buffett himself.

If you study hard and learn at a young age, you will be in the best circumstances to secure your future.” “Price is what you pay. | To read full story, visit https://startuparound.com/read/1586138409.1108406/24-Profound-Warren-Buffett-Quotes-to-Help-Inspire-Your-Life-and-Business?ref=audio_experience

Coronavirus has brought to fore a critical issue of how organisations need to manage their most critical asset – people or employees.

Engagement: According to the VCs, in these times, communication via zoom and / or calls, and engagement with employees takes a whole new meaning.

Sharing these with team members is also a good way to enable them to divert their minds into something that is useful and of interest.

Pause hiring: Some companies opt to pause hiring, and existing team members agree to take more responsibility.

Health and sanitisationDuring this humanitarian crisis, it is critical for companies to focus on the health and safety of their employees. | To read full story, visit https://startuparound.com/read/1586136605.9018705/VCs-on-how-to-keep-employees-working-from-home-motivated-during-coronavirus-lockdown?ref=audio_experience