Wearable devices are in these and India is not far behind in this trend. A small piece of hardware called ‘Fin’, developed by a 23-year-old Indian (based in Kerala), has been bombarded with a successful campaign on crowd-funding platform Indiegogo. Fin has raised nearly $200,000, from about 1,600 people around the world, who pre-ordered the product.
Fin is a tiny hardware that you can wear on your thumb as a ring, which converts your whole palm into a gesture interface. Its initial target was to raise $100,000, but the makers extended the campaign’s deadline to 9 March, and as a result the pre-orders for the product doubled in its collections.
The wearable device, Fin has sensors that can recognise each segment / phalange of the fingers. It also has Bluetooth that can be used to link it to other devices like your smartphone, TV or another wearable device. You can assign different functions to each finger segment, and perform a function by just making your thumb touch the applicable segment.
It can send an emergency alert, silence your phone, move to the next track on your playlist, pick up a call, and all this can be done without taking out your phone. Your fingers can also be your numeric keypad. You can switch on or off or change the channel on your TV just using your palm. If you have home automation devices, your palm can operate those, as well. For the visually impaired, Fin further has simple taps on fingers that can help dial a number, navigate using a map, open and read out an SMS, and also control wheelchair.
According to TOI report, Fin is developed by Rohildev N, a 2012 graduate from Kathir College of Engineering, Coimbatore. Eight months ago, he established RHL Vision Technologies at the start-up Village in Kochi to work on touch-less technologies. RHL Vision was among 50 start-ups shortlisted from around the world to pitch and showcase their ideas at Pioneers Festival, one of Europe’s largest start-up events, held in Vienna, last year. It was one of the top 15 companies (from 11 countries) at the TechCrunch CES Hardware Battlefield in Las Vegas this year.
Fin is the second Indian hardware-cum-software start-up to have had a such innings on a crowd-funding platform, in recent times. Last year, Gecko, a coin-sized electronic device with a multitude of uses and developed and marketed by a Bangalore start-up, raised orders worth $135,485, which was more than double the initially targeted $50,000.
Fin will be priced at $120, which is likely to cost-down due to mass manufacturing. The first shipments are expected in September. RHL expects to finalize a $1 million funding in another month, and the money raised will be used to complete the product development and marketing.