startups wants to take the office to your home.
Dear Balbir Singh Sooch,
With work-from-home becoming the new normal, one of India’s largest co-working startups wants to take the office to your home. Awfis has launched a new subscription-based product that helps companies set up home-offices for remote employees. At a time when the pandemic has dented the demand for co-working spaces, the new model may help the Delhi-based startup find a new revenue stream. But there’s a catch.
Awfis feels @Home as WFH culture catches up.
Free read: A bunch of private players in UP, Bihar, and Jharkhand are trying to serve under-electrified villages with their mini-grids or local electrical networks that generate electricity primarily from solar panels. While this is creating new sources of livelihood for the villagers and increasing their income levels, there is a big question mark on the viability of the investment.
Private mini-grids can power villages.
When Covid-19 hit, we started buying things we had never bought before. The mainstays of Amazon’s top ten — phone cases, phone chargers, Lego — were knocked off the charts in just a few days. The rapid change has affected AI-based algorithms that run behind the scene in inventory management, fraud detection, and marketing. Trained on normal human behaviour, machine-learning models are now finding that the normal has changed.
Pandemic is messing with AI models.
Regards,
ET Prime Team