heavyweights

Robotics & AI, Startups, Transportation

AI Giants Experiencing Major Upheavals: A Weekly Recap of Startup News

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. For the low, low price of being a Robinhood Gold member (because who doesn’t want to pay $5 a month for the privilege of spending more money? Robinhood unveiled its Gold Card, a credit card so packed with features it might just make Apple Card users pause for a hot second. For the low, low price of being a Robinhood Gold member (because who doesn’t want to pay $5 a month for the privilege of spending more money? Trend of the week: Transportation troubleThe New York Stock Exchange has given EV startup Fisker the boot, citing its “abnormally low” stock prices.

Dylan Williams
March 29, 2024
1 Comment

Gadgets

“An Uncertain Shift: Lesser-Known Brands Shake Up India’s Smartwatch Market”

India’s smartwatch market in flux as unknown brands challenge heavyweights The world's biggest smartwatch market has seen a deluge of new devices in the past few monthsIndia’s smartwatch market has transformed, seemingly overnight. Hong Kong-based market analyst firm Counterpoint Research has observed the number of unknown brands in the Indian smartwatch market has grown from 78 in 2021 to 128 in 2023. Declining pricesThe growth of unknown brands in the Indian smartwatch market has not yet significantly impacted all the local firms dominating the market. Last year, smartwatch brands boAt and Noise entered the smart ring market in India to diversify their product catalog. That said, market analysts like IDC’s Sharma predicts the Indian smartwatch market will see only single-digit growth this year due to stiff competition from unknown brands and dropping ASPs.