The ring-shaped transmitter called Fin is worn on the thumb and uses Bluetooth to communicate with different devices.
The portable device enables users to control up to three devices such as smartphones, car radios and smart TVs using only swipes and taps, 'Mashable' reported.
"People in today's world are becoming more busy, but still they are wasting a lot of time interacting with their smart devices," Rohildev Nattukallingal, founder of the Koch-based RHL Vision Technologies, the startup behind Fin.
Until now, the device has five pre-programmed gestures. However, users will be able to create customised programmes on an app that will come with the device, in its final iteration.
The device can control the volume on a TV, and even lets users text or dial a number without touching their phone.
The developers say they hope Fin can help people who are visually impaired.