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iPhone 8, iPhone 8 Plus and iPhone X – Specifications

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iPhone 8, iPhone 8 Plus and iPhone X Specifications,features of apple new devices,apple iphone 8 price,iPhone 8 Vs iPhone 8 Plus,#iPhone8,iPhone 8 Features,Apple Special Event,Startup Stories,2017 Latest Business News,2017 Technology News

The most awaited iPhone models were finally unveiled at the Apple product keynote event held in the new head office in Apple Park in California. After many rumors, leaks and speculations the world was finally introduced to the future of smartphones, the iPhone 8, iPhone 8 Plus and the iPhone X.

iPhone 8

The small version of the iPhone 8 has a 4.7 inch Retina HD display. The new phone has a steel reinforced glass back that allows for wireless charging. The iPhone 8 is a successor to last year’s iPhone 7 with very similar features and minimal upgrades. The dust and water resistant phone still features a 12 MP camera but holds additional color filters and a new sensor. Software upgrades allow users to make easier lighting effects adjustments and the slow motion video capture is smoother at 240 frames per second. The phone also packs a faster CPU with the new A11 Bionic processing chip, which has four efficiency cores that are up to 70 percent faster than A10 Fusion. The A11 Bionic chip will allow users to text and browse the web quickly while using less energy and helps AR games and apps reach a new level of fluidity and realism. The phone will come with the new iOS 11 that was released earlier this year.

iPhone 8 Plus –

The iPhone 8 Plus is the taller version of the iPhone 8 with a dual camera. This 5.5 inch phone will pack two 12 MP primary cameras for wide angle and telephoto photography. The wide angle camera holds a f/1.8 six element lens with optical image stabilization and a larger, faster 12 MP sensor while the telephoto camera holds a f/2.8 lens. The 8 Plus comes with the famous iPhone feature Portrait Mode with portrait lighting which uses facial detection and depth maps to capture portraits with striking shadows, spotlight effects and more.

Both the phones pack a 7 MP front camera with retina flash, wide color capture, advanced pixel technology and auto image stabilization. 

iPhone X –

The iPhone X is a complete redesign of the product which packs more new features than any of their previous releases. Moving away from the traditional iPhone look, the iPhone X has a head to foot screen with a trapezoidal notch at the top for the front cameras and sensors. The 5.8 inch OLED screen will have a super retina display and TrueTone technology for white balancing the screen in different conditions. The phone will not host a home button, therefore, the power button will have more functionality. Long press the power button to activate the Apple assistant, Siri and double click for Apple Pay. Similar to the iPhone 8 and iPhone 8 Plus, the iPhone X will also run on A11 Bionic chip with 3 GB RAM. X also allows for wireless charging and will work with current Qi pads by companies like Mophie and Belkin. The camera of the iPhone X is just like the dual camera available in the iPhone 8 Plus but the bump runs vertically instead of horizontally. 

Face Scanning


Apple has finally replaced the fingerprint scanner with a face scanner which cannot be fooled using masks or pictures. The users can set up face scanners through a short setup by simply peering into the front facing camera, framing your face just right, then turning your head left and right so the iPhone’s sensors can get a good look. An array of cameras and sensors are packed into a notch at the top of the screen that projects infrared dots onto the face to map it, captures that image and then use a dedicated processor to interpret the face data. 

Pre booking for iPhone 8 and iPhone 8 Plus will begin on 15 September and will be available from 22 September while pre booking for the iPhone X opens on 27 October and will be available only from 3 November.

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Jio Financial Services Introduces Digital Loans Against Securities

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Jio Financial Services, through its NBFC arm Jio Finance Limited, has launched a fully digital Loan Against Securities (LAS) service. This innovative offering allows customers to secure loans up to ₹1 crore against their shares and mutual funds within just 10 minutes via the JioFinance app.

 

Key Features:

  • Digital Process: Entirely online for speed and convenience.
  • Loan Amount: Up to ₹1 crore.
  • Interest Rates: Starting at 9.99%, tailored to individual risk profiles.
  • Tenure: Maximum of three years.
  • No Foreclosure Charges: Flexible repayment options.

Strategic Impact:

The LAS offering aligns with Jio Financial’s broader digital strategy to make financial services more accessible and efficient. It complements existing products like home loans and corporate financing.

Market Response:

Jio Financial Services’ stock rose significantly following the announcement, reflecting investor confidence in the company’s digital expansion. The shares increased by up to 5.5% on the BSE, highlighting the market’s positive reception of this strategic move12.

Leadership Perspective:

Kusal Roy, MD and CEO of Jio Finance Limited, emphasized that this launch is part of a comprehensive digital strategy aimed at transforming customer interactions with financial services1.

Future Prospects:

With its focus on technology and customer convenience, Jio Financial is poised to become a leading player in India’s digital financial services sector.

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Aerem Secures ₹100 Crore in Series A Funding

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Mumbai-based solar financing startup Aerem has raised ₹100 crore in a Series A funding round. The round was led by Japan’s University of Tokyo Edge Capital Partners (UTEC) and included investments from British International Investment (BII), SE Ventures, Riverwalk Holdings, and existing investors Blume Ventures and Avaana Capital.

Strategic Use of Funds

Aerem will use the funds to expand its operations across India, focusing on underserved eastern and southern regions. It aims to enhance its solar financing solutions, improve its B2B marketplace for solar equipment, and refine its tech platform. Additionally, the company plans to broaden its lending portfolio and reduce customer acquisition costs by leveraging its network of over 2,000 verified solar installers.

Aerem’s Impact

Founded in 2021 by Anand Jain and Vikesh Agarwal, Aerem provides comprehensive solutions for distributed solar energy adoption. Its services include:

  • Solar Financing: Loans for businesses and homeowners through its NBFC arm, NetZero Finance.
  • Equipment Procurement: The SunStore marketplace offers competitively priced solar equipment.
  • Support for Installers: Benefits for over 2,000 verified installation partners include financing access, quality equipment, and digital tools.

Aerem has enabled over 800 megawatts of solar capacity across 65 Indian cities, financing more than 800 projects. Its deployments have prevented nearly 22 million tonnes of CO₂ emissions and could save MSMEs up to ₹14,000 crore in energy costs.

Revenue Growth

Aerem reported significant revenue growth in FY24, with a 9X increase to ₹175 crore from ₹1.84 crore in FY23. This growth highlights the scalability of its business model.

Future Plans

With this funding, Aerem is poised to accelerate India’s transition to sustainable energy by eliminating barriers to solar adoption and empowering local businesses.

 

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Sweet Karam Coffee Secures $8 Million in Funding from Peak XV and Fireside Ventures

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Sweet Karam Coffee, a Chennai-based brand specializing in traditional South Indian snacks and sweets, has raised $8 million in Series A funding from Peak XV Partners and Fireside Ventures. Founded in 2015 by Anand Bharadwaj and Nalini Parthiban, the company offers products free from palm oil and preservatives, catering to customers across 32 countries.

This investment follows a previous $1.5 million funding from Fireside Ventures in October 2023, which supported offline expansion. The new funds will be used to enhance distribution through omnichannel networks, develop new products, and bolster technology-driven supply chain capabilities. 

 

Sweet Karam Coffee has grown its revenue four-fold over the past year and expects to grow another 2.5 times in the coming year.

The company has also appointed Nandhitha Indermohan, a former Unilever executive, as its Chief Operating Officer to boost operations. This strategic move positions Sweet Karam Coffee for further growth, leveraging the booming quick commerce sector and expanding its presence across India and globally.

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