येLo (Yelo Bank), which was founded in 2019 and started building its banking platform in January 2020, recently won AWS’s Startup Architecture Challenge program in India, which comes with a prize of $25,000 in AWS credits. In its winning submission, येLo co-founder and CTO Nishant Chandra highlighted how building the neo-banking stack using AWS gave the startup a simple, elegant, and secure architecture.
$500 billon worth of food is wasted or lost every year, around the world. One billion extra people could be fed if food losses could be halved. We all know technology can do wonders, and its adoption in agriculture is pacing up – that’s where India-based Intello Labs comes in. Their VP of Sales walks us through how they used AWS to create a computer vision-driven solution to help eliminate food waste.
FinBox is a comprehensive digital lending platform with a focus on underwriting using alternative data. For one of FinBox’s products DeviceConnect, they provide a credit score based on enriched mobile device data for customers. At the time of writing this article, they were scoring close to a million customers per month and ingesting close to 80 GB of new data every day. DeviceConnect makes heavy use of Amazon DynamoDB. Here are the lessons they learned after using DynamoDB in the product for the last year.
As future data requirements cannot always be planned much ahead of time, data warehousing effort is generally subdued by first creating a data lake, which is a pool of centralized data ready to be transformed based on use cases. A means for accessing and analyzing this data makes it easier for knowledge workers to make good informed decisions. Here’s how Indian bus ticketing platform Redbus does it.
Individual teams at Cure.fit, a health and fitness app, tried solving poor resource utilization issues by manually clubbing compatible services. Instead of applying band-aid solutions they decided it was time to fix both problems permanently. Here’s how they did it.
Less than 10% of India’s population is able to get loans from banks. Technology can address this problem by reducing the costs of processing as well as distribution. A growing group of Indian fintech companies led by NIRA Finance are now addressing this market for small-ticket loans.
As customers are distributed across different channels of acquisition, including social media, display advertising, or paid search, marketers need to deploy a strategy that spans across web, mobile, in-app, SMS, email, Facebook. The strategy also needs to follow the customer’s multi-platform journey to purchase. Founded in 2011, WebEngage enables marketers to do just this.
On Wednesday, May 15th, Startup Central—with speakers from Capital Float, Clevertap and Moonfrog labs, and more—will be on showcase for all attendees of AWS Summit: Mumbai.
AWS was honored to join hundreds of entrepreneurs, investors, educators, government officials, and business representatives in Hyderabad, India for the 7th Global Entrepreneurship Summit (GES) last November.