Chipmaker Qualcomm announced the top three winners — Carnot Technologies, IFuture Robotics and Uncanny Vision — of its first edition of the Qualcomm Design in India Challenge (QDIC).
10 shortlisted companies were incubated with initial prize money of $10,000 each and engineering support at Qualcomm India’s Innovation Lab in Bangalore to transform their ideas into prototypes over the last 12 months.
Jury members judged these companies and winners will get $100,000 each as part of the Challenge.
Qualcomm also announced investment of $8.5 million for expansion of its design initiatives in India.
Qualcomm Design in India Challenge II, as part of the design program, will support companies in the areas of rural technology, biometric devices, payment terminals, agri technology, medical technology and smart infrastructure.
The design program will enable India mobile and IoT vendors by providing advanced camera, audio, and RF design in India with the launch of a new Innovation Lab at Hyderabad and expansion of the current Innovation Lab in Bangalore.
“Qualcomm is passionate about innovation, every year we invest billions in risky R&D to invent technologies that bring advancements in various aspect of our lives,” said John Han, senior vice president and general manager, Qualcomm Technology Licensing.
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