Xiaomi is not just a smartphone company or an electronic giant but is also a hub of innovation. With its innovative products released every other month, it has given the signal to the world that it will enter every sector that has any space for innovation. Recently Xiaomi-backed Yunmai launched a new wearable called the Yunmai smart training watch for INR 7200. If we take the clock back a few days to February 15, 2019, Xiaomi Mi Men’s Sports Shoes 2 were launched in India that featured Fishbone Structure and shock absorbance for INR 2500 and a Mi Luggage suitcase for INR 2,999 in September 2018. Now, Xiaomi is back with another innovative product. This time it has launched a crowdfunding campaign for smart fingerprint lock (AreoX Smart Fingerprint U-lock) that obviously operates on the fingerprint sensor but comes with a physical unlock key as well if the battery runs out.

Now, the important thing to notice here is that most of these products were launched through the crowdfunding campaigns, has innovation speak its best, are in budget and also curated keeping Indian customer requirements in mind. The crowdfunding project on Xiaomi’s crowdfunding platform YouPin has already crossed 1,011,000 Chinese Yuan (>Rs 1 Crore), which is almost 2.5 times of its set target. You can crowdfund and get the U-Lock with the shorter beam priced at 199 RMB(INR 2050) and the other one with the longer beam priced at 219 RMB (INR 2256) which is likely to start shipping from May 23, 2019.

Key features Xiaomi’s AreoX Smart Fingerprint U-lock Sports

As per the crowdfunding page, the U-lock can be used to lock bikes and even cars. The U-lock sports a stainless steel lock beam for which the company claims, can’t be easily cut with the help of a hacksaw and comes with “an anti-theft lock body”. The body of the lock is IP65 certified that makes it resistant to water and dust. The biometric identification can unlock within about 0.55 seconds and as to serve the purpose of any lock, to keep your belongings secure, the company claims that the lock detects dummy fingerprints within seconds. Its battery can last up to 12 months and you get a USB Type-C port in case, it gets discharged.

A smart lock that costs INR 2000 to save your precious belongings isn’t a bad deal? What are your views on this thing?

Sources:

Xiaomi announces the AreoX Smart Fingerprint U-lock priced at 199 yuan (~$29) – Gizmochina

Xiaomi launches AreoX Smart Fingerprint U-lock as part of crowdfunding program – BGR

AreoX smart fingerprint U-lock – YouPin

Main Image: ©

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As informed by one of the founders, Wryde has a vision to make 2-Wheeler riding more convenient and safer by incorporating smart technology in the accessories used during riding. Currently they are developing a smart helmet which will allow the rider to navigate, make/receive calls, and access notifications with see-through display directly on the helmet visor. You’d surely have seen the Iron Man, with his super-tech mounted display helmet; Wryde claims to bring you one for real in the near future. The reason why it all began is, as quoted by the founder “With the increased penetration of Internet connectivity in India, the use of GPS navigation service has become very prominent. It is not only used to navigate through unknown routes, but also to estimate the travel time and choose the best route adapting to the live traffic information. As an enthusiastic 2W rider and an avid user of GPS service, I found it very difficult, and at times life threatening to refer to my mobile while riding. Hence I, along with my friends, started working on how to solve this problem”.

With this in mind, a genuine query arises- will an on-visor display not distract the rider? As per the technical team of the Wryde- “The imaging technology used will generate a virtual image which will always be in focus irrespective of whether the rider is looking at far off objects or at any nearby object. In this way rider can always stay focused on the road and at the same time view the displayed information without any stress on his eyes. This in-fact will be a better solution in terms of safety compared to cars, where the driver has to refer a mobile mounted either on a windshield or on a dashboard, by taking his eyes off the road”.

Setting up as a premium brand, Wryde is targeting a very niche market of medium/high-end bikes and superbikes in India. Riders owning such bikes are often associated with various riding clubs or groups. Hence they have formed the best audience for this innovative smart helmet, as it will aid them to commute and stay connected in their adventurous rides. This small fraction of riders forms a market size of around 14 lakhs p.a. out of the total 2W sales of 176 lakhs p.a. in India. Even when asked various times, Wryde didn’t disclose the cost of the product. They did drop a few hints indicating that the targeted selling price would be less than 30k.

Unlike any service based startup, where the majority of the work is related to the partnership agreement and soft work, a product based startup also requires a lot of mechanical RnD, international sourcing, custom hardware developments, and facilities to prototype the product, which means a lot of initial capital to be put in. Wryde aims to raise an amount of Rs 5 lakhs from their crowdfunding round and facilitate some of the above-mentioned activities. In addition to this, if they are able to get onboard with few angel investors by October 2018, then we can expect the India’s first smart helmet to be launched by early 2020.

Let Wryde succeed in their endeavor to develop and bring this amazing product in the market and make the roads more safe, convenient and enjoyable for all 2W riders.  Readers can show their support for Wryde by contributing in their crowdfunding campaign; and at the same time grab upon some exciting gifts. Visit the link- https://www.catapooolt.com/wryde

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