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Amazon and Techstars Launch 9 Voice Related Tech Startups!

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Amazon and Techstars Launch 9 Voice Tech Startups,Startup Stories,Startup Funding News India,Technology Latest News,9 Voice Related Tech Startups,Voice Startups,Amazon Accelerator Program,Amazon Voice based Tech Startups,Amazon Alexa Fund,9 Voice New Startups

Amazon early yesterday announced the launch of 9 voice related startups in partnership with the Alexa Accelerator Program, powered by Techstars. The Alexa Accelerator Program backs startups all over the United States. The startups are related to the voice based startups and through this, the program raised over $ 10 million!

The idea behind the accelerator is to help fuel early stage companies developing for voice, giving Amazon an equity stake in the business. Launched in the year 2015, the Alexa Accelerator Program is a part of Amazon’s $ 200 million fund and so far, has been used by Amazon to further the boundaries of voice based tech startups!

According to several reports, Amazon says it received hundreds of applications from 44 countries around the world for the 2018 program, and narrowed it down to nine it believes have the most potential. Through the Alexa Accelerator Program, the startups included will learn, train and improve their products to a point where their products are unique and can be integrated into Alexa. Furthermore, the startups will also be able to redefine their business models while developing and modifying Alexa for a consumer friendly experience!

Apart from the 9 new startups being launched, Amazon is already investing in 35 startups. Lasting for a period of 3 months, the startups are based in places from Seattle to Tel Aviv! These companies work out of the Seattle based office and will be working there for 13 days, post which, the startups are required to give a demo.

The information reported earlier this year about risks that startups take when taking money from Amazon’s Alexa Fund. “While Amazon’s backing helps the startups build their businesses, sometimes Amazon decides to go into the market directly. It can either offer to buy the startup or simply make the product itself.” By signing with Amazon, these startups get a major leg up and are here to create and break existing startup boundaries!

 

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Zoho Pay Debuts as India’s New UPI Challenger, Taking on PhonePe, Paytm, and Google Pay

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Zoho Payment

Zoho Corporation has expanded its fintech portfolio with the launch of Zoho Pay, a UPI-based payments app built to challenge India’s top digital payment giants such as PhonePe, Paytm, and Google Pay. The new app supports peer-to-peer transfers, bill payments, QR-based transactions, and merchant settlements in a streamlined interface. Available as both a standalone app and an integrated feature inside Zoho’s privacy-driven messenger Arattai, Zoho Pay enables users to handle chats and payments in one platform, emphasizing data privacy and Made-in-India innovation.​

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Meta Expands AI-Powered Reels Translation to Hindi and Portuguese, Enhancing Global Creator Reach

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