Wants to build a connectivity platform
Dear Balbir Singh Sooch,
Disruption is all about how new entrants, using processes and technologies that were unavailable earlier, capture market share from established players.
Two stories in today’s edition capture this theme. The first one deals with building a tech platform that allows over-the-air or OTA updates of a vehicle’s software, while the second is about disrupting India’s age-old consumer-goods distribution system.
AUTO
Ex-Tesla engineer from India gets ready for the race
Sibros, a Silicon Valley startup set up by Hemant Sikaria, is building a tech platform that allows over-the-air or OTA updates of a vehicle’s software, collect data, and do remote diagnostics. It wants to build a connectivity platform, which is compatible with all types of vehicles. Can Sibros compete with the likes of Harman and Bosch?
CONSUMER
The AnKa SumMor fix to general-trade issue
Founded in 2018 by FMCG veterans Ashok George and Rajiv Joshi, AnKa SumMor is becoming a replacement for intermediaries between a brand and a retailer. The company is offering the formidable general-trade ecosystem up in a palatable model which is more efficient, cheaper and accessible to new brands that are fighting established competition.
TECH
AI hiring firm predicts job-hopping based on interview
Australia-based PredictiveHire offers a chatbot that asks candidates a series of open-ended questions. It then analyses their responses to assess job-related personality traits such as “drive, initiative, and resilience”. But its latest research is troubling for a different reason. It is focused on building a new machine-learning model that seeks to predict a candidate’s likelihood of job-hopping.
Regards,
ET Prime Team