Intel to set up 100 IoT centres in academic institutions

Technology major Intel today said it will set up 100 Internet of Things (IoT) centres across Indian academia institutions and awarded PhD fellowships for 2015 to five students.
"As part of Intel's continued efforts to promote innovation and research with higher education students, 100 Intel IoT Centres at academic institutions across India are being supported," Intel India President Kumud Srinivasan said.
This is aimed at empowering students on latest IoT skills and encouraging them to bring their ideas to reality, she added.
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* Motorola launches Moto X Style for Rs 29,999
Handset maker Motorola today launched the Moto X Style in India, priced at Rs 29,999 (16GB) and Rs 31,999 (32GB) in partnership with eCommerce firm, Flipkart.

The device will be available for pre-orders from October 14 midnight.

With a 5.7-inch display, the 4G device runs on Android Lollipop OS (upgradable to Marshmallow) and features 21MP rear and 5MP front camera with flash, 1.8 GHz hexa-core processor, 3GB RAM and 3,000 mAh battery.
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* Quifers gets Rs 2cr funding from Indian Angel Network, Smile
Quifers, a tech-driven logistics firm based out of Mumbai, today said it has secured Rs 2 crore funding.
The investment, led by Indian Angel Network (IAN) and Smile (a consumer internet and media platform) will be used for expediting business expansion to other cities, enhancing the technology platform and hiring talent, a statement said.

Set up by ex-employees of Flipkart and Snapdeal, Quifers aggregates light commercial vehicles through its platform to provide high speed goods transfer service to customers.
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* Cloud Lending Solutions raises $8 mn
Cloud Lending Solutions, an end-to-end lending solution firm, today said it has raised USD 8 million (about Rs 52 crore) led by SF Capital Group, Cota Capital and Long Light Capital, along with current seed investors Green Visor and Epic Ventures.
The series A funding will be used to support market expansion and further develop the company's engineering and innovation capabilities.
The new funding is in addition to the USD 2 million raised during their pre-series A round in 2014, bringing the total capital raised to USD 10 million.

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Essel Group, Ficci join hands to boost Smart Cities Mission * Essel Group has joined hands with industry body Ficci to boost the Government's ambitious Smart Cities project.
"The association will pave the way for bringing in a wealth of knowledge, talent and domain expertise in the areas of engineering excellence, renewable energy and infrastructure," Essel Group Chairman Subhash Chandra said.
The tie-up was formalised at the Smart City Summit on Monday.
Essel Group plans to invest over USD 2 billion in the next three years in transforming major cities across the country.