Kochi-based RHLvision Interactive LLP, a Startup Village incubatee that has developed a gesture-based wearable device called Fin, is close to reaching its stretched goal of $150,000 through crowd-funding platform Indiegogo.
Till the time of publishing this article, the firm has received more than $143,000 from 1,172 individuals, with over 50 per cent of the money coming from the US, followed by Europe, Germany and Australia. Fin still has 17 more days left, as it has now extended the time frame by several more days to close the fundraising.
The funding will be used for materials and designs, hardware manufacturing & design, and also to add more enhancements features to Fin, which will be launched next month.
Fin, which had earlier set a target $100,000 on Indiegoso, has now announced that it would give the device to the blind at a subsidised rate. The firm launched the fundraising for Fin on Indiegogo around one month ago.
RHLvision (RHL stands for Robotic Human Logic) was founded in 2012 by Rohildev N, who holds a bachelor's degree in computer science and engineering. The company had raised an undisclosed amount in funding from Delhi-based healthcare services provider Malik Radix Healthcare last year.
How Fin works
Fin is a Bluetooth-enabled device which helps one control any smart devices by moving his/her thumb over other fingers. One can assign each activity of the connected devices such as smartphones and TVs to each segment of his/her fingers which can then act as hot keys. For instance, one can swipe his finger to control TV sets, music systems & A/C inside the car without moving his/her hands off the wheels, and to take photos and share files.
(Edited by Joby Puthuparampil Johnson)