Wednesday, August 24, 2011

Can you survive the Lenovo 24 hour code-a-thon?

Just after HP’s TouchPad became the biggest casualty of the tablet wars, Lenovo is preparing its next foray into the battlefield with the launch of their IdeaPad and ThinkPad. Both the customer and business tablets are running on the Android platform, a smart move by Lenovo to be building on a platform with more recognition.

The Lenovo tablets have had some glowing reviews with TechCrunch hinting that the ThinkPad “might be the best Honeycomb tablet available right now”. Lessons learnt from the TouchPad’s early demise has taught tablet manufacturers one thing, hardware features are not all that defines the success story of a tablet but also the platform that the tablet runs on. And Android is probably one of the most attractive platforms available.

Lenovo probably understands this the best in their efforts to avoid suffering the same fate as HP. With this tablet launch, they are also looking to see how they can increase the allure of the Android platform because the more attractive the platform becomes, so too does their tablets.

The personal technology company is putting their money where their mouth is by laying out a S$3,000 cash prize and two tablets on the table for the best Android app developed in 24 hours during their code-a-thon. The event will be held on 16 -17 of September and is open to the public. To take part in the challenge, RSVP here or follow the event Twitter hashtag #Codein24.


Link to full article

China 3G Users Hit 86.97 Million Signifies Huge Market Potential

According to China Mobile, China Telecom and China Unicom’s latest release of operating data, 3G users in China now account for 9.5% of all mobile users, with 37.597 million 3G subscribers of China Mobile, 25.819 million of China Unicom and 23.56 million of China Telecom separately.

It’s also noteworthy that their monthly pace in adding new 3G customer is significantly faster compared to 2G service, which means vast majority of new subscribers choose 3G. It’s expected that by the end of this month, 10% of mobile users will be on 3G network.

And as some industry experts put it, once the mobile market hits that 10%, mobile internet industry and smartphone apps will enjoy tremendous market size with considerably profit opportunities.

 

Related posts:

  1. Oops, 73% China Unicom iPhone Users From China Mobile
  2. China Mobile Wants HK Market & China Unicom Wants UPhone
  3. 840 Millions Mobile Subscribers and 40 Millions 3G Users in China


Link to full article

China Overtakes America to Become Largest PC Market in Q2

IDC, a market research firm has revealed that for the first time, China became the world’s biggest PC market during the second quarter of this year.

IDC analyst Brian Enma said that PC shipments in China grew by 14% to 18.5 million units and in America fell 4.8% to 17.7 million units. China now accounts for an astounding 22% of the global market share, higher than America by 1%.

However it is predicted that the Chinese market will reach 72.4 million units by the end of this year or 1 million less than the U.S. But China is expected to hold the dominant position in 2012, with 76.6 million units.

Currently, HP and Dell still occupy the top two places worldwide with 18.1% and 12.9% market share by number of PC shipments, respectively. Lenovo, Acer and Asus round up the top 5 positions.

 

Related posts:

  1. Nokia is Losing Leadership Grip in China
  2. China is also the largest mobile internet market in the world
  3. Sohu's online video business gain market share


Link to full article

Blackbelt bookkeeping techniques for startup companies (Part 2)

In a startup company, you are insanely busy. With so much going on, you can become blind to how you are spending company money. This is the second of a two-part series (read part one here) on bookkeeping techniques that will start you off on becoming a black belt in managing money.

Bookkeeping, very simply, is the recording of a company’s financial transactions, which include sales, purchases, income, and payments. Here are some tips on how to get it right the first time.

5) Manage small ticket expenses using cards.

Card companies do the work for you by producing itemised statements that list the item purchased, date of the transaction and total amount spent. Use the credit cards to help you manage spend, but not as a means to spend more.

Cabcharge is another indispensable card to carry. It is easy to share with staff and means you won’t be late to a meeting because you didn’t carry cash to pay the driver. Try to make one card your primary method of payment and use a different card for personal and businesses expenses. If you mix personal and work expenses, you create more headaches for a professional bookkeeper to resolve later.

6) Manage large ticket expenses by saying ‘no’.

Delay purchases of computer equipment, and prefer leasing over purchase. Although computer equipment appears as an asset on the balance sheet, computers and furniture are in fact liabilities. They need to be fixed when they break down, carted when you move office, and thrown out when they become obsolete.

Service-based businesses should be building cash at bank, and reinvesting these cash reserves to buy people and ideas, or return money to investors. Skip the expensive gadgets and furniture. Trust me – you can live without an iPad.

7) Time wasters disguised as freebies.

Beware of getting things done for free from friends or family. It could be a time sucker in disguise. Free often comes at cost of compromising quality. You don’t have time to do things twice. If you want to accept help from friends, set a quality threshold you need to achieve, and be prepared to pay a small sum to ensure you exceed the threshold.

When you are starting out and learning, pay more money for services and be glad for the time it will save you later.

8) Time to outsource bookkeeping

Warning light should go off when you realise the monthly accounts are consuming too much of your time. Some signs include hiring more staff, exceeding $20,000 in monthly turnover, and fines from Government for late submissions. In these conditions you have a case for outsourcing bookkeeping to a specialist firm.

Training package promotion: Futurebooks is offering SGentrepreneur readers a 15% discount on half-day bookkeeper trainer sessions. Offer available until 22nd September 2011. Limited to the first 20 persons. Inquire here.

Anthony Coundouris is the founder of Futurebooks – a business offering affordable bookkeeping,business planning and business brokering to start-up companies. Anthony has a decade of experience in all walks of marketing. Collectively he has helped dozens of corporate firms build subscription models and develop an online positioning, including Caltex, Jaguar, SAS, ING Direct, FoxTel, salesforce.com, Telstra,Proctor and Gamble, Google, salesforce.com, Kraft, Citibank and American Express.


Link to full article

News Roundup: Religare & Airtel Partner For Mediphone Service, IIMA To Launch 100 Cr Fund For Sustainable Energy

Religare, Airtel partner to offer medical help at Rs 35 per consultation

Religare Technologies has teamed up with Airtel using Fortis Healthcare as its knowledge partner to offer 24×7 medical assistance on phone to mobile users. The service called Mediphone was soft launched early this month, and claims to be taking 1,000 calls a week already.

It enables Airtel customers to seek advice on ailments that are not life threatening for a fee of Rs 35 per consultation. This fee is deducted from the mobile phone bill. To access the service, the customer has to call 54445 from his or her mobile phone [source].

Nasscom sticks to 16-18% target

There have been fears of the Indian tech industry being impacted by the downgrade of US’s sovereign rating by S&P and crisis deepening in Europe. These two markets contribute over 80% of the local IT companies’ revenues. However, despite such concerns, industry lobby body Nasscom reassured on Tuesday that it was sticking to its earlier forecast of 16-18% growth rate for the sector in the current fiscal [source].

Mobile tariffs set to go up by at least 17%

Market leader Bharti Airtel was the first to recently hike its tariffs by 20%, a move that was followed by several other leading telecom companies. However, sustainability issues suggest that tariffs may eventually move up by at least another 17%, if not more, before they stabilize [source].

DoT readying notice to cancel Etisalat DB’s licences

While both Etisalat DB and Reliance Communications have denied the link-up, the DoT’s licensing wing has prepared a draft notice, which is being vetted by its legal department before issuing it to the company.[source]

NDTV:InMobi Partnership

NDTV and InMobi have announced partnership to bring InMobi’s rich media advertising on NDTV’s mobile apps.

IIMA to launch Rs 100 cr fund for sustainable energy

The Indian Institute of Management-Ahmedabad (IIMA) will launch the Indian Fund for Sustainable Energy (INFUSE) with an estimated fund size of Rs 100 crores in collaboration with the Union Ministry of New and Renewable Energy (MNRE), Technology Development Board (TDB) and British Petroleum(BP).[source]


The Appnomy Conference: Mindblowing Content + Exciting App Demos » August 27th, Bangalore (details). Learn the art of building an 'APP Business'.
» News Roundup: Religare & Airtel Partner For Mediphone Service, IIMA To Launch 100 Cr Fund For Sustainable Energy @Pluggd.in.


Link to full article

Go Measure with Google Analytics

Next month, Google Asia Pacific will organize their annual Go Measure with Google Analytics in Singapore and Kuala Lumpur. It will packed with tips and insights from local and international web analytics professionals and speakers from the Google Analytics team. See how analytics help drive value through case studies from the travel, fashion, retail, technology, and telecommunications industries. Walk away knowing how to improve your site’s user experience and increase marketing ROI. At the end of the day attendees have the option to attend a Google Analytics 101 training conducted by Google Analytics Certified Partners or to have a one-on-one consultation with our speakers.


Programme Details

130pm-515pm: Speaker Sessions
520pm-620pm: Breakouts
620pm onwards: Drinks & Networking
Event Details

Singapore
When: Tuesday, 6th Septemeber 2011
Where: Pan Pacific Singapore, Ballroom 1 & 2 (Map)
Register here by 29th August.
Malaysia
When: Thursday, 8th September 2011
Where: Hilton Sentral Hotel, Grand Ballroom A, Level 6 (Map)
Register here by 29th August.

 


Link to full article

Pair Exchange Singapore – 25 Aug

Tomorrow, Singapore will have its first pair programming exchange. Organized by Derrick Ko and Tommy Sullivan from Pivotal Labs, this event was inspired by the idea that solo hacking is not nearly as fun as getting feedback from other developers, seeing their programming techniques, and getting features written.


Event Details


When: Thursday, 25th August 2011
Time: 605pm-835pm
Where: Pivotal Labs Singapore, 53A Craig Road, Singapore 089691 (Map)
Register here.

 


Link to full article

The fashion capitals: London, Paris, Milan, New York City and Clozette.

The question is: “What could a meal yield?”

For Roger Yuen and his dinner company Chua Chiang Meng, Kersie Koh and Cheryl Tan, the answer is the fruition of a business concept that has so much potential, they invested S$ 300,000 to set it up in August 2010. It was then that Clozette was thus born.

Clozette is a fashion social network that provides a virtual platform for fashion brands, retailers, designers and artisans to engage and interact with consumers and fashion, incorporating user-generated content and opinions. It’s also a high-engagement platform that provides unprecedented insights into consumers’ preferences and trends in the world of fashion and style. Since its set-up, they’ve had more than 80,000 unique visitors a month, and about 500,000 page views!

It does seem as though Clozette is right on track with its focus, attracting big fashion names such as British luxury fashion label Burberry, German jewelry and watch brand Thomas Sabo, Mandarin Gallery, the mall, lifestyle brand Samsung and more.  With such an impressive portfolio, it is no wonder that Mr Loo Hock Voon, Managing Director of Walden International said: “We are confident that Clozette’s business model, particularly in this current market environment where social media is becoming increasingly part of our lives, is highly viable, and are happy to back this team of founders who are pioneers in Asian internet media”.

e27 managed to snag a short email interview with Clozette.

How did the idea for Clozette come about and why was it set up?

Roger Yuen, CEO of Clozette, had the idea of creating a social commerce model like Clozette in his mind for about three years before the full concept of Clozette was actually crystallised over dinner with the four founders and their friends.

The team also felt there was a void in Asia for a focus fashion vertical social media platform.

Who are the target audience for Clozette ?

Women across all demographics who have a uniting passion for fashion!

Who are the investors and partners of Clozette?

The lead investor in Clozette is Seed Venture IV Pte Ltd, a S$20 million (approximately US$13.3 million) venture fund established under the Singapore National Research Foundation’s (NRF) Early Stage Venture Funding Scheme managed by Walden International (WI).

Clozette has recently been appointed the advertising representative for Southeast Asia by Glam Media, one of the world’s Top 10 fashion media portals. Glam Media has a network that reaches 94 million viewers every month in the US and more than 213 million users worldwide, of which 20 million are from the Asia Pacific.

Clozette also has a partnership with leading mobile phone maker Samsung Electronics where the Clozette app was pre-installed in the recently launched GALAXY S II in Singapore.

How is the promotion of Clozette done?

On various platforms from Facebook, Twitter, online advertising, partnerships and more.

Who are Clozette’s biggest competitors? What gives Clozette the edge over the competition?

We see Clozette’s potential competitors as Facebook, Google’s Boutiques.com, eBay Fashion and Like.com. Clozette’s edge is in addressing gaps in the current market landscape:

  • The most popular social networks (e.g. Facebook) are general in nature. As the networks grow in popularity, it is not possible to segment your social relationships and pursue special interests/verticals.
  • Bulletin board-style special interest forums are very popular in Asia, but the technology is mainly text-based, dated and user interface unfriendly. It is difficult for users to incorporate multimedia such as photos and videos in their interactions.
  • Lack of high quality vertical sites for women and fashion in Asia.
  • Existing vertical sites are localised and unable to transcend cultural and geographical borders.
  • Few measurable social engagement marketing platforms are available.
  • Currently there are very few such vertical social network with a combination of User-generated-content, Analytics, Semantics and Experiential Engagement, and none in Asia with Clozette’s model
  • Younger social-media savvy users are seeking more visual platform to communicate and share their interests.

Clozette’s strengths:

  • First-mover advantage in Asia
  • Its proprietary platform and technology developed by a well-regarded CTO with a stellar record of global innovative technology development at CBS  interactive, one of the top 10 online properties in the world.
  • Its “Asian internet pioneers” management team, led by a CEO who, besides being a pioneer in the Internet space, has a proven track record in both MNC environment and in entrepreneur start-ups (e-Cop and Brandtology)

What future plans are there for Clozette?

Clozette plans to expand Japan and China together with local partners. Clozette is also setting presence in  Indonesia,  Malaysia and the Philippines.


Link to full article

GezBox, Building a Healthy Mobile Social Network Around People’s Real Purchase

The idea of Social eCommerce sounds simple and effective: the user trust friends’ choice or suggestion and place the purchase. Social eCommerce services either have their own eCommerce platform or play as an agency with partnership of third-parties’ eCommerce platforms. This model could work well, we have profiled a few local services and it definitely is the trend of eCommerce.

in Social eCommerce, you basically have to face two things: a naturally growing social network and the eCommerce, and you need find a good balance of both. If you focus too much on eCommerce, the worst case is that lots of merchants might swarm in and spam purchase suggestions to the normal users, which could destroy the entire business model.

Gezbox, the Hangzhou-based startup is also targeted at the Social eCommerce area, but with a different strategy.

“Unlike other Social eCommerce services,” its founder, Zhen Feike told us, “Gezbox wants to focus more on building a healthy social network around people’s real purchase, and will not introduce eCommerce to the platform at this stage. ” And, GezBox excutes the idea with a mobile app (download).

Here is how it works. You take pictures of the product you bought, add some information such as the name of the product, the price, the place where you made the purchase then upload and share them with others. Every user can set which categories of products they are interested and the information can be used for e.g. friends suggestion. You can explore, search for and comment on shared content, i.e. the purchase by other. When users become friends, they can exchange their experience on the purchase as most likely they have the same interests.

Gezbox is self-funded and currently has a team of 8 staff. Zhen said they don’t want to rush into eCommerce, and the real purchase-related content shared by the users and the interaction among them is the key to GezBox’s success in a long term.

Related posts:

  1. Tencent's Real Name Social Network, Pengyou.com is Now An Open Platform
  2. P1 Wants To Be The Highest Quality Social Network in China
  3. Tianji, the 6 Million-Users Professional Social Network In China – Part I


Link to full article

Jiepang Teams Up With NOKIA TO OFFER NFC Check-in

NFC (Near Field Communication) has been on hype for a while for its convenience and simplification in use. However, it seems the highly praised technology is too advanced to being adopted for everyday use for the time being. Partly for the inadequacy in smartphones that support NFC and partly because of  few mobile-based services are ready for that.

The awkwardness is on track to be removed with the influx of more and more NFC-ready mobile and service. NOKIA and LBS service Jiepang are leading the trend in a recent joint-force.

NOKIA  launched 3 brand-new NFC built-in smartphones NOKIA 600, NOKIA 700, and NOKIA 701 that use its Symbian Belle system last night. At the same time, Jiepang is also releasing new stickers that support NFC check-in to replace the former ones.

Usually, whenever we check in with Jiepang, we take out the phone open Jiepang app then wait for the app to find our whereabouts before check in. Now, with NFC-ready phone and new Jiepang sticker, we can check in by just waving smartphones near or tapping them on the sticker, that’s it, easy and hassle-free.

Jiepang is the leading LBS service provider and an early adopter of new technology with over 1.3 million users to date. The company has partnered with over 300 big-name brands including NOKIA, Starbucks, McDonalds, and Nike as well teaming up with local businesses to offer coupons or discount for customers who check-in with Jiepang.

 

 

 

 

Related posts:

  1. Jiepang Teams Up With Sony Ericsson
  2. Jiepang, the Leading Chinese Check-in Service Announces the Partnership with Starbucks
  3. Jiepang “Checks-in” to NFC Feature


Link to full article

China Mobile Ad Market Deep Dive, Infographics by Guohe Ad

According to iResearch, the total revenue generated on mobile application advertising platform is around rmb70 millions (~$11m) only in 2010, but by end of 2011 the figure is expected to reach rmb310 millions (~$48.7m) with ~342.9% market growth. It’s said that there are over 30 mobile ads platforms now operating in China. Phone manufacturers or Telecom (Apple, Google, China Telecom), traditional web ads platform (iMocha, AdChina etc), new mobile ads platform (MadHouse, CASEE, Wooboo, AdWo, Domob etc) and ads mediation platforms (Guohead, AdMob etc), obviously the mobile ads market is a huge fresh cake everyone wants a piece.

Guohe Ad (our previous coverage), China’s largest mobile ad mediation platform just released its first report and infographics for China mobile ad market. Launched in January 2011, Guohe Ad has now integrated 11 leading mobile ads platform in China, serve over 1000 popular apps across iOS and Android system, and its ads has been displayed over 600million times in total on 5 millions mobile devices.

The infographics depict important data points of the emerging China mobile ad market in the first half of 2011. Here are the highlights:

  • 80% of ads impressions come from 10 regions in China, and Beijing is lead followed by Shanghai, Guangzhou, Jiangsu and Zhejiang;
  • iOS ads impression weighs over Android by 16%
  • Given the popularity of iOS devices, Apple receives 58% of ads impressions among all mobile devices;
  • Smaller screen mobile devices produce better click-through rate;
  • Apart from Apple devices, HTC, Samsung and Moto are the top 3 brands which produce better ads impressions;
  • iPad is dominating the tablet market in China, accounting for over 98% of total ads impressions on tablet devices.

Guohe Ads also partnered with iResearch and released a report (in Chinese, free download) with details.

Related posts:

  1. Guohe Ad – mobile Ad integrator
  2. 840 Millions Mobile Subscribers and 40 Millions 3G Users in China
  3. China Mobile Wants HK Market & China Unicom Wants UPhone


Link to full article

Silicon Dragon is Ringing the Bell at NASDAQ!


Silicon Dragon NY 2011

Deals / IPOs / Returns: China Style
Chinese up and comers following the lead of Baidu founder Robin Li are racing to U.S. IPOs yet risks and challenges keep multiplying. What are the best startup and investment strategies to win the trophy?

Where: NASDAQ MarketSite
When: September 8, 2011, 4pm-8pm
3:30PM Guests Arrive, Registration Opens
4PM Silicon Dragon Rings the Closing Bell

5PM Welcome: Bob McCooey, NASDAQ OMX

5:05PM Keynote Talk: Peter Lighte, Chairman, JPMorgan Chase Bank China

5:30PM Panel Discussion, Q&A
7-8PM Cocktail Reception

Expert Panelists:

David Chao, General Partner, DCM

Tony Florence, Partner, NEA

Eric Xu, Managing Partner, Rock Rose Partners

Ron Posner, CEO, eChinaCash

Robert Pietrzak, Partner, Sidley Austin

Barry Silbert, CEO, SecondMarket

James Robinson IV, Managing Partner, RRE Ventures

Porter Bibb, Managing Partner, Mediatech Capital Partners

Moderator: Rebecca Fannin, Silicon Dragon, Forbes


Register here for the event:
Silicon Dragon NY 2011
http://silicondragonny2011.eventbrite.com/


Register for the live webcast or replay:
WEBCAST
http://bit.ly/pEYfSr

Thanks to our sponsors:
Sidley Austin NASDAQ OMX

Link to full article

UMeng: Serving Users Comes First, Expanding Into Mobile Ad Area

UMeng, the Innovation Works affiliate focusing on serving app developer with detailed apps usage data, just raised US$ 10 million from venture capital Matrix. Last week we visited the Zhongguancun-based company to talk to its founder and CEO Jiang Fan about UMeng’s expansion plan and its insights into Chinese apps market.

The latest financing round for UMeng is Series A led by Matrix China with other participants. Prior to this round UMeng was funded by Innovation Works, the well-known incubator founded by former Google head Kaifu Lee.

As of now the IW portfolio company has a total of over 60 employees with nearly 50% of them work in technical division. And according to Jiang Fan, an ex-Googler, UMeng is still looking to hire talent engineers for further expansion. Its core team comes from Google China, Microsoft, Baidu and Taobao. Its expenditure comes mainly from servers, bandwidth, headcount and marketing expense.

UMeng launched its app usage statistics product in August of last year, the first ever of its kind in China. iOS and Android developer who incorporated specific code by UMeng into their own apps will get detailed app usage data including: user behavior analysis, daily sessions, new user numbers, usage duration, distribution channel, version of OS, operator, user location and so on. These data are vital to developers since they can gain more insights into how customers use  their apps and what they can improve on to attract more users.

When asked about competitors, Jiang told us that there is barely a direct and all-around competitor who’s doing exactly the same thing as UMeng.

As of now there’re over 6,000 developers using UMeng services who developed more than 10,000 mobile apps. As for the trends in app world, Jiang shared with us some insights:

 

*Most developers are digging deep in the Tool category due to low cost in development and strong demand from users.

*The second largest app category falls into Entertaining and Ebooks.

*Game remains popular among both mobile users and developers, comes in third.

 

No Hurry to Profit

When asked about UMeng’s business model and profit plan, Jiang said that “we’re still in the phase of amassing users so current priority is keep improving our product.”

Besides providing developers with useful data and statistics, UMeng also made efforts to help developers monetizing their offerings by means of mobile ads in its recent release of Apps Alliance program.

With Apps Alliance, 3rd party developers can max out their ads revenue by customizing ads format, raising the conversion rate. And later on, we believe this could function as a full-fledged mobile ad aggregator as Guohead or AdView, both are the leading mobile ad aggregator and optimizer for app developers.

Related posts:

  1. UMeng Raise ~$10M from Matrix Partners, Targeting at Mobile Advertisement Market
  2. UMeng Introduces Social, Cloud Storage Functions For App Users, Developers
  3. Mobile Internet Accelerating With Increasing Apps Usage, says Umeng


Link to full article

4 Indians in “Top 35 Innovators Under 35″ list from MIT’s Technology Review

MIT’s Technology Review today announced the TR 35, the magazine’s annual list of 35 outstanding men and women under the age of 35 who exemplify the spirit of innovation in business and technology. The latest list of Technology Review TR35 list of 35 innovators under the age of 35 includes 2 Indians from the Technology Review India TR35 list selected in March 2011 and two innovators of Indian origin.

Two Indians Ajit Narayanan, Invention Labs, Chennai and Aishwarya Ratan, Yale University, who were part of TR35 India Winners announced in March 2011 form part of this list. The 2011 TR35 were selected from more than 250 submissions by a panel of expert judges and the editorial staff of Technology Review. Judges represented leading organizations such as Google, Harvard Medical School, Microsoft Research, MIT, and Stanford University.

Profile of inventors include:

Ajit Narayanan, 30

Affordable speech synthesizers

Invention Labs

Some four million people in India suffer from cerebral palsy and other disabilities that make it difficult or impossible for them to speak. Giving them a voice is the job of Ajit Narayanan’s low-cost tablet-based system, Avaz. Even someone with only limited movement control can use Avaz to construct phrases that are spoken out loud by an artificial voice.

Speech synthesizers have long been used in the West (perhaps most famously by Stephen Hawking), but they are prohibitively expensive to all but the richest in India. Narayanan’s Invention Labs, based in Chennai, designed Avaz to be not only cheap but also capable of supporting multiple languages. “The average young person in India speaks and uses three different languages every day,” Narayanan points out. By working directly with Asian hardware manufacturers, he has been able to bring the cost of an Avaz down to around $800, compared with $5,000 to $10,000 for a single-­language device in the United States.

Just over 100 of the devices have been sold so far, mainly to specialist schools, and they are in use by around 500 children. “I’ve seen parents weep when Avaz allows them to talk with their [child] for the first time,” says Narayanan. He is currently working with the Indian Institute of Science, Bangalore, to improve the quality of the speech synthesis, and he also plans to use mobile app stores to distribute a version of his software with about 90 percent of the full Avaz system’s functionality.


Aishwarya Ratan, 30

Converting paper records to digital in real time

Yale University

Beginning in 2009, while working with Microsoft Research India, Aishwarya Ratan spent 15 months figuring out how to help local microcredit co-ops, which often struggle with handwritten entries that are illegible, incorrect, or incomplete.

Her solution combines digital technology with the familiar paper notebooks that villagers prefer. Co-op members use an electronic ballpoint pen to write in ledgers placed on a slate equipped with software that recognizes handwritten numbers. The slate provides feedback on whether the records are complete and legible, stores them in a database, and gives real-time balance updates, both on a screen and verbally in the local language. The database can be shared with the nongovernmental organizations and banks that back each co-op.

In field tests, the hybrid slate yielded entries that were 100 percent complete and made record keeping faster while letting co-op members retain the paper records they are comfortable with. The potential of the system is tremendous: microfinance co-ops serve 86 million Indian households. High-­quality record keeping could make them more efficient, helping members save more and repay faster, and it could allow the co-ops to borrow more easily from banks.

In June, Ratan became the director of the Microsavings and Payments Innovation Initiative at Yale University, which as part of its mission studies how technologies can help the poor financially. Meanwhile, the NGO that Ratan was partnering with continues to test the slate in villages.

Piya Sorcar, 33

Software that can be localized to teach taboo topics

TeachAids

Despite considerable educational efforts by experts and organizations alike, public awareness in India about the growing HIV epidemic has remained low. So Piya Sorcar, founder and CEO of TeachAIDS, has developed interactive software to educate children about HIV in a way that’s sensitive to the country’s cultural mores.

When Sorcar traveled to India in 2005, she found that even children and young adults who received training on HIV didn’t learn much: cultural taboos prevented educators from speaking frankly about how the virus is transmitted. As she designed her software, she took pains to ensure that it didn’t run afoul of those taboos. She analyzed cultural responses to every image used. She recorded narration with correct local accents, created gender-specific versions of each program, enlisted local celebrities for voice acting, and tested to see how much information children retained, even long after the lessons were over.

The cultural sensitivity has paid off: Sorcar’s software has been approved and distributed by states in India where other sex education is banned. The software has been designed to be modular, so that it’s easy to swap in locally appropriate elements. The country of Botswana has approved it for every school in the nation, and Sorcar hopes to distribute it to countries around the world within five years.

2011 TR35 Honorees

1. Pieter Abbeel, University of California, Berkeley

2. Yemi Adesokan, Pathogenica

3. June Andronick, NICTA

4. Judd Antin, Yahoo Research

5. Solomon Assefa, IBM

6. Jernej Barbic, University of Southern California

7. Dan Berkenstock, Skybox Imaging

8. Christopher Bettinger, Carnegie Mellon University

9. Alexandra Boltasseva, Purdue University

10. Jennifer Dionne, Stanford University

11. Brian Gerkey, Willow Garage

12. Yu-Guo Guo, Wuhe

13. Jeff Hammerbacher, Cloudera

14. Dae-Hyeong Kim, Seoul National University

15. Bhaskar Krishnamachari, University of Southern California

16. Gert Lanckriet, University of California, San Diego

17. Xiao Li, Microsoft Research

18. Andrew Mason, Groupon

19. Miriah Meyer, University of Utah

20. Joel Moxley, Foro Energy

21. Ajit Narayanan, Invention Labs

22. Alina Oprea, RSA Laboratories

23. Andrew Phillips, Microsoft Research

24. Chris Poole, Canv.as

25. Aishwarya Ratan, Yale University

26. Jesse Robbins, Opscode

27. Ben Rubin, Zeo

28. Umar Saif, Lahore University of Management Sciences

29. Riccardo Signorelli, Fastcap

30. Noah Snavely, Cornell University

31. Piya Sorcar, Teachaids

32. Paul Wicks, PatientsLikeMe

33. Fengnian Xia, IBM

34. Fan Yang, Stanford University

35. Kun Zhou, Zhejiang University


The Appnomy Conference: Mindblowing Content + Exciting App Demos » August 27th, Bangalore (details). Learn the art of building an 'APP Business'.
» 4 Indians in “Top 35 Innovators Under 35″ list from MIT’s Technology Review @Pluggd.in.


Link to full article

DropMySite lets you backup your website over the cloud

These days, news about hackers have been making the rounds in the media. No website, not even smallish ones, are immune from their mischief. Take for example Singapore Cars Online, a website dealing with used cars, which was recently violated by a group of Malaysian hackers who called themselves M43L Tro0pers.

The hackers were pissed off that the Malaysian soccer team were defeated by their Singapore rivals. So they left a hate message for Singapore fans. Fortunately for the website owners, their database was left intact. But not all hackers are that benign.

DropMySite hopes to give website owner some insurance for their data. Started recently by John Fearon, who also founded EatAds.com (see interview), the service lets you backup your site over the cloud. Their free basic plan offers 2GB of space, which should be sufficient for startups. 50GB and 100GB plans are also available (full price list here) for mammoth websites.

John started DropMySite out of his own needs. EatAds.com, an outdoor advertising marketplace, experienced a hosting failure which led to lost user generated content. “This was very embarrassing for the business as the data we were collecting was rare and important,” he said.

This led to his desire to backup the website’s data. While existing software were available, John couldn’t find an “elegant” cloud solution that met his requirements. So he decided to build his own and expand it into new business that runs concurrently with EatAds.com.

At the moment, the website looks rather low-frills and no-nonsense; designed to get the job done (which is certainly a good start). After signing up and logging in, users will be asked for their website’s FTP details, and then prompted to schedule a backup. The service then does its magic at the prearranged time. An indicator tells you how much space you have left in your account.

Users would not need to visit DropMySite for a long while, except to check on it or to download the files in an emergency, much like your medical insurance policy (without the hefty premiums).

DropMySite is similar to EVBackup, a service owned by California-based firm DO IT. EVBackup, however, is more expensive then DropMySite (they have no free plan and cost more per GB to use), although they do offer a wider range of features like 20% overage allowance for a week as well as Duplicity and Unix support which caters to the more advanced user. They have a 31-day money back guarantee too, in case you find the service doesn’t meet your needs.

Whatever the case, there’s no harm having some form of backup for your company’s website now, whether it exists in the cloud or on your computer hard disk. Should you cross some enemies with serious hacking skills (or simply live on the wrong side of the Causeway), it might be too late to do anything then.


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Nexus Venture Partners Leads $12 Million Funding in Druva, Pune Based Startup

Nexus Venture Partners has closed $12 million funding in Druva, Pune based startup that provides advanced data protection solutions for organizations.

Druva earlier raised $5mn from Sequoia Capital and IAN in April 2010 and this round is led by Nexus Venture Partners (with participation from existing investor Sequoia Capital).

Druva, founded in 2007, has amassed more than 750 customers and protects more than 300,000 endpoints worldwide.  Its InSync product is an industry-first application that delivers near-instantaneous automated backups of laptop computers – with ten times the speed of competitive offerings – while enabling simple one-click restores of any file or backup volume from a Web browser or iPhone/iPad/Android device.  The product offers unobtrusive backups over any network – LAN, WAN or VPN – and is WAN-optimized for the mobile user.  InSync’s global, source-based deduplication reduces bandwidth and storage by 90 percent while providing 100 percent accuracy for Microsoft Outlook and Office applications.

inSync customers include NASA, Xerox, Siemens, Schlumberger, PWC among others.

–Press Release—

Druva, a pioneer in enterprise laptop backup and retrieval, today announced that it has received $12 million in a Series B round of funding.  The round was led by Nexus Venture Partners with participation from existing investor Sequoia Capital.  Druva’s Enterprise inSync software sets a new benchmark for enterprise laptop backup, including support for smartphones and tablets. The funding will be used to expand both the product offering and sales and marketing in North America, EMEA and Asia Pacific.

“As the explosion of data continues, and so does proliferation of endpoint device types and the mobility of the workforce, Druva has demonstrated a unique capability to address the challenges associated with enterprise backup and endpoint data protection,” said Jishnu Bhattacharjee, Principal, Nexus Venture Partners. “Druva’s disruptive innovation reduces the storage footprint and bandwidth requirement for backup by orders of magnitude compared to other industry solutions. With wide adoption of its on-premise and cloud-based solutions, the fast-growing company is racking up an impressive list of reference customers. We are very excited to partner with the Druva team to help create the next standard in enterprise backup.”

 

“We are very impressed with Druva’s early success in over a dozen countries, the foundation of which is a superior technical approach to backup and an enterprise-grade product that is very easy to use,” said Shailendra Singh, Managing Director at Sequoia Capital.   “Even more, the team has done a tremendous job in the last two years in creating a cutting-edge product suite that includes on-premise and private-cloud-based enterprise backup, support for mobile devices, and remote data-protection features that are unmatched in the industry. We now expect the company to invest significantly in sales and marketing to grow the business in what is a high-growth segment of the backup industry and a multi-billion-dollar market opportunity.”

“Organizations are waking up to the fact that they have important data resident on endpoint devices that is not adequately protected, but should be. Loss of data resident on endpoint devices can prove devastating,” reports* Sheila Childs, Research Vice President at analyst firm Gartner in recent research. “Many mobile workers are high contributors to the success of the business, and carry data on their laptops that would be difficult to reconstruct if the device is destroyed or stolen.”

 

Druva, founded in 2007, has amassed more than 750 customers and protects more than 300,000 endpoints worldwide.  Its InSync product is an industry-first application that delivers near-instantaneous automated backups of laptop computers – with ten times the speed of competitive offerings – while enabling simple one-click restores of any file or backup volume from a Web browser or iPhone/iPad/Android device.  The product offers unobtrusive backups over any network – LAN, WAN or VPN – and is WAN-optimized for the mobile user.  InSync’s global, source-based deduplication reduces bandwidth and storage by 90 percent while providing 100 percent accuracy for Microsoft Outlook and Office applications.

“Most solutions providing backup for data stored on endpoint devices don’t offer an optimized solution that is capable of scaling to meet the ever-changing needs of a growing enterprise,” said Jaspreet Singh, CEO of Druva. “VCs invested in Druva because we have demonstrated the ability to deliver an unmatched solution and have the vision to deliver even greater value in the near future.  This round of funding allows us to expand our product portfolio and footprint in existing markets and penetrate new markets.”


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Pluggd.in Giveaway: Win Free Tickets to Appnomy Conference

The Super Amazing Appnomy Conference is scheduled for this Saturday (August 27th, Bangalore) and while we strive to bring amazing content and demos to the event, here is your chance to win a free entry to the conference.

Follow @Appnomy on Twitter and tell us why you’d like to attend the event.

Tweet: “Attending @Appnomy Conference (http://t.co/Bq90Qdi) ‘coz <your message>”

We have 5 passes to give away and your time starts now (winners will be DMed). The contest ends today 23:59 PM.

For your reference, take a look at Event Agenda.
Block your tickets:


The Appnomy Conference: Mindblowing Content + Exciting App Demos » August 27th, Bangalore (details). Learn the art of building an 'APP Business'.
» Pluggd.in Giveaway: Win Free Tickets to Appnomy Conference @Pluggd.in.


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