Bengaluru: Be it in fitness, safety, gaming or smart watches, Indian wearable technology platforms are beginning to find increasing consumer acceptance and funding . The first set of investors they approached were clear they didn't want to fund a venture building a hardware device. The device will be priced at around $200 and will be launched by the end of September. Blume Ventures managing partner Karthik Reddy says the fund has not found any interesting startup in India beyond health-related ones in the wearable space. "Hardware is commoditized and is not a play you can win from India.

Source: Times of India September 23, 2016 18:11 UTC