Article: Indian tech cos join hands to make open source based oxygen concentrators; to be priced at around Rs 40k

Design, Open Health, Open Space

Indian tech cos join hands to make open source based oxygen concentrators; to be priced at around Rs 40k

A group of small and medium Indian technology companies and a defence PSU have joined hands to manufacture oxygen concentrators based on an open source design project Marut, initiated by robotic and automation startup Technido to meet the immediate need of patients and reduce dependency on imports.

According to the companies involved in the project, the oxygen concentrator (OC) with 10 litres per minute flow with purity of above 93 percent and capability to operate round-the-clock can be retailed at about half the price of imported units in the range of Rs 65,000-70,000 per piece.

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Article: Urban Company, partner create open-source ESOP framework for startups

Free, Libre, Open Software, Open Source

Urban Company, partner create open-source ESOP framework for startups

Urban Company, India and the UAE’s largest tech-enabled home services marketplace, has open-sourced a specially crafted ESOP (employee stock ownership plan) policy for startups in collaboration with MyStartupEquity, a platform of venture capital firm LetsVenture.

Urban Company, which is backed by Accel Partners, Ratan Tata, and Flipkart CEO Kalyan Krishnamurthy, said the framework is available free. With ESOP implementation generally being a tedious process, the framework aims to guide startups and other on structuring terms and conditions.

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