Kerala based startup RHL Vision raises $200,000 online

[Myna]

The developer of Fin, a device in the shape of a ring which converts a user's palm into a gesture interface, raised the money from around 1,600 people from around the world on the crowd-funding platform Indiegogo.

RHL Vision Technologies, a startup which developed the gesture-based wearable device called Fin, has raised over $200,000 on the crowd-funding platform Indiegogo. Fin, is a tiny hardware product that can be worn on your thumb as a ring, which converts your whole palm into a gesture interface.

Fin is a Bluetooth enabled device. It has sensors that can uniquely recognize each segment (phalange) of the fingers and can be linked to other devices like your smartphone, TV as well as another wearable devices. Users can assign different functions to each finger segment and can perform multiple functions by just making their thumb, touch the relevant segment.

The device was developed by Rohildev N, a 23 year old engineering graduate who established RHL Vision Technologies 8 months back. The company originally targeted to raise $100,000 and reached that target in mid-February. Later the company revised its target twice – first to $150,000 and then to $250,000. Now, the product has managed to raise about $200,000 from some 1,600 people around the world who have pre-ordered the device.

Read the full newa @ http://www.thinkdigit.com/Wearable-Devices/Kerala-based-startup-RHL-Vision-raises-200000_20168.html