Author: Rabindra

TiE Bangalore and Atria University Launch Sustainable Entrepreneurship School and Global GreenFlame Campaign

Hyderabad/Bangalore, August 22, 2024–In a significant development on World Entrepreneurs Day, TiE Bangalore and Atria University have signed a Memorandum of Understanding (MoU) to launch the Atria School of Sustainable Entrepreneurship supported by TiE Bangalore (ASSET). This strategic partnership aims to create a pioneering platform dedicated to advancing sustainable business practices by equipping future entrepreneurs with vital skills and knowledge. In conjunction with this partnership, TiE Bangalore has launched the TGS2024 GreenFlame of Entrepreneurship Global Campaign. This initiative is set to engage the global entrepreneurial community, secure 100,000+ pledges to drive meaningful action toward a sustainable future among youth.

The MoU was signed by Shri Madan Padaki, Chair of TGS2024 and President of TiE Bangalore, and Shri Dr. Rajeevan Madhavan Nair, Vice Chancellor of Atria University, and former Secretary in the Ministry of Earth Sciences (MoES), Government of India.

The Atria School of Sustainable Entrepreneurship supported by TiE Bangalore (ASSET) will offer a comprehensive suite of educational programs, including workshops, certification courses, diploma programs, and a four-year degree. These offerings will cover crucial areas such as NetZero, Circular Economy, Asset Tokenization, and Responsible AI, while also focusing on Design Thinking, Rapid Prototyping, and Market Validation. The degree program will also include 8 additional sprints concentrating on Entrepreneurship, such as Ideation to Design, Validation & Viability, Market Sizing, and Business Model Innovation, with mentoring support from Entrepreneurs-in-Residence (EiRs). TiE mentors and angel investors will guide and shape startup projects, provide monthly talks/masterclasses by successful entrepreneurs, and offer internships in TiE startups. Atria University will also provide a dedicated co-working space, Beyonder Studio, which will host sustainability-focused startups recommended by TiE. These startups will benefit from open access to academic sprints, interaction with CoE practitioners and faculty, and collaboration with Atria University students across various majors.

Present at the signing of the Memorandum of Understanding (MoU), Madan Padaki, President TiE Bangalore and Trustee, TiE Global said, “The 20th-century industrial revolution borrowed from the future to pay for the present. We must break this pattern and find ways to achieve sustainable economic growth uncoupled from environmental degradation. This is where sustainable entrepreneurship comes into play. By combining traditional business acumen with a deep understanding of environmental and social issues, sustainable entrepreneurs aim to create solutions that address global challenges while generating profit. This partnership represents a pivotal moment in our commitment to nurturing sustainable entrepreneurship. By combining our strengths with Atria University’s academic excellence, we aim to create a vibrant ecosystem that not only supports but accelerates the growth of innovative and sustainable enterprises.”

Dr. Rajeevan Madhavan Nair, Vice Chancellor of Atria University and former Secretary, Ministry of Earth Sciences (MoES), Government of India, emphasizes the importance of this approach. “We are seeing a fundamental shift in how we view economic opportunities. Global challenges like climate change and biodiversity loss aren’t just problems to solve – they are opportunities for innovation and new business models. We are thrilled to embark on this journey with TiE Bangalore. The launch of the Atria School of Sustainable Entrepreneurship on World Entrepreneurs Day underscores our shared vision of fostering a new generation of entrepreneurs who will lead with sustainability at the core of their business practices.”

The TGS2024 Green Flame campaign will feature a vibrant virtual green flame animation symbolizing the global movement towards sustainable entrepreneurship. As the campaign progresses, each TiE chapter globally will be spotlighted on the microsite map as the flame reaches its region. Chapters will maximize engagement by sharing inspiring messages, celebrating green entrepreneurs, and posting impact stories on social media. The campaign aims to secure 100,000 pledges and achieve millions of social media impressions, showcasing the global entrepreneurial community’s commitment to sustainability.

“The TGS2024 Green Flame of Entrepreneurship embodies our collective commitment to building a future where business success is deeply intertwined with sustainable practices. This initiative is not just about pledges; it’s about igniting a global movement that will inspire young entrepreneurs to lead with purpose and responsibility.” Madan Padaki added.

Hafele Introduces RE-Ach Digital Lock

Gone are those days of fumbling with a stack of keys or always being worried about forgetting them somewhere! The addition of a digital lock to your daily routine takes care of these worries by enabling convenient, key-less access to your home or office.

Designed to seamlessly integrate onto your main door, Hafele’s new RE-Ach Digital Lock is a formidable amalgamation of security and style that ensures utmost safety along with premium aesthetics. Besides its captivating appearance, this advanced digital lock offers multiple access options – the convenience of fingerprint recognition, the simplicity of RFID cards, the familiarity of passwords, and the versatility of the Hafele Smart Living App – a mobile application that can help operate and manage your lock remotely, giving you complete control of the access to your home. This lock now also features the Privacy Locking Mode which further enhances convenience and functionality. So, in essence, you are the key!

Encased in Rich Antique Copper and Black Matt finishes, RE-Ach digital lock provides exceptional functionality and elevated aesthetics.

MAXHUB Introduces Microsoft Teams Rooms XCore Kit for Smart Meeting Spaces

New Delhi, 22 August – MAXHUB has introduced the Microsoft Teams Rooms XCore Kit, offering a practical solution for organizations looking to transform their Bring Your Own Device (BYOD) setups into smart meeting spaces. Designed with simplicity and efficiency in mind, this kit enhances the Microsoft Teams experience by improving audio and video quality while balancing costs.

The XCore Kit features a high-performance compute unit powered by the 12th Gen Intel Core™ Processor, which simplifies the deployment of Teams Rooms with pre-loaded software on Windows 11 IoT. Paired with a user-friendly 10.1” Full HD touch console, the kit provides an intuitive interface, making it easy for organizations to upgrade their meeting spaces.

Additionally, the XCore Kit supports a variety of audio and video peripherals, including the MAXHUB UC S07 Videobar and BM35 Speakerphone. These devices are designed to deliver clear communication and enhance collaboration, catering to the needs of modern workplaces.

Pankaj Jha, Managing Director of MAXHUB India, commented:

The Microsoft Teams Rooms XCore Kit is a straightforward solution for organizations aiming to improve their meeting spaces. By integrating advanced technology with user-friendly design, it provides the necessary tools to enhance communication, streamline collaboration, and boost overall productivity. Whether it’s a small business or a large enterprise, this kit is tailored to meet the diverse needs of modern workplaces, making it easier for teams to connect and work more efficiently.

MAXHUB India, a leader in the interactive and collaboration technology sector, continues to expand its footprint across the country and beyond. With operations in over 80 countries and a strong presence in the Indian market, MAXHUB India is committed to providing innovative and reliable solutions that meet the evolving needs of businesses. The company’s extensive product ecosystem ensures seamless integration across different meeting room setups, helping organizations streamline their operations and focus on what truly matters—effective collaboration.

Assotech Group Ushers in a New Era of Luxury Real Estate: Redefining Excellence with Unmatched Design and Quality

India, 22 August 2024: In a landmark development that marks a new chapter in its illustrious journey, Assotech Group is proudly relaunching itself as the preeminent luxury builder in the real estate sector. This transformation represents more than just a brand update; it signifies a profound commitment to redefining what luxury living means in today’s evolving market.

A Legacy of Vision and Excellence

The story of Assotech Group is one of innovation and dedication, rooted in a legacy that spans over 38 years. Under the visionary leadership of Chairman & Founder Mr. Sanjeev Srivastva, the Group has established itself as a pioneer in the real estate sector. Reflecting on this exciting new chapter, Mr. Srivastva shared, “Our journey has always been about more than just constructing buildings; it’s about creating spaces that inspire and elevate the lives of those who inhabit them. With this relaunch, we are embracing a new vision of luxury—one that marries timeless elegance with modern functionality.”

Crafting Spaces with Purpose and Precision

As the Group embarks on this new era, its commitment to excellence is further exemplified by the strategic leadership of Enakshi Priyam, Chief Operating Officer. Enakshi, whose expertise has been instrumental in steering the company’s direction, emphasizes the importance of blending traditional craftsmanship with contemporary design. “Our approach to luxury is rooted in a deep understanding of our clients’ needs. We are dedicated to crafting spaces that are not only aesthetically pleasing but also offer unparalleled functionality and quality. This relaunch is a testament to our relentless pursuit of perfection,” Enakshi explained.

Redefining Luxury with Innovative Practices

The Group’s renewed focus on luxury is also shaped by Director Shivani Priyam Patel, whose pioneering initiatives have set new benchmarks in the industry. Known for her introduction of Just in Time (JIT) Procurement and Six Sigma in Construction, Shivani is passionate about redefining luxury through innovation. “To us, luxury is about creating environments where every detail is meticulously considered. Our goal is to design spaces that not only meet but exceed the highest standards of quality and functionality. This relaunch reflects our commitment to delivering exceptional living experiences,” Shivani noted.

With the relaunch, Assotech Group is poised to set new standards in luxury real estate. The Group’s developments will feature distinctive designs that blend innovative functionality with superior finishes, aimed at offering a unique and aspirational lifestyle to its clients. Each project will be a testament to Assotech’s dedication to excellence, combining visionary design with practical solutions to meet the evolving needs of modern living.

As Assotech Group moves forward with its refreshed identity, it is clear that the company’s commitment to quality and innovation will continue to drive its success. The Group’s new approach is not just about creating luxurious spaces; it’s about transforming the way people experience and interact with their environments. With a focus on delivering high-quality developments that stand the test of time, Assotech is set to lead the real estate market into a new era of luxury.

The future of Assotech Group is bright, with a clear vision of becoming the leading name in luxury real estate. As the Group embarks on this exciting journey, it remains dedicated to its mission of creating aspirational spaces that reflect the highest standards of design, functionality, and quality. With its new strategic focus, Assotech is ready to shape the future of luxury living, offering unparalleled experiences that are both timeless and contemporary.

HearClear Partners with Neuberg Diagnostics to create integrated hearing care ecosystem

New Delhi, 22nd August 2024: HearClear, a startup providing advanced hearing care solutions, has entered into partnership with Neuberg Diagnostics, (a pan-India diagnostic chain with 250+ lab networks in India). With the collaboration, the brand will establish an integrated hearing care ecosystem at Neuberg Diagnostics centers across the length and breadth of the country.

In order to mark the beginning of the collaboration, HearClear and Neuberg Diagnostics recently came up with a new clinic in Raipur. This clinic will help in offering enhanced hearing care solutions and comprehensive diagnostic services to people of the region.

The association comes as part of HearClear’s plan to serve a broader audience base suffering from hearing impairment. To drive awareness and give treatment, the brand will be setting up an auditory diagnostic space within the facility of Neuberg Diagnostics to conduct tests under the supervision of expert audiologists. Fortifying the partnership further, Neuberg Diagnostics will be listing HearClear as its audiometry partner across the website and mobile apps for providing comprehensive hearing diagnostics and hearing aids to the customers.

To maximize the output of the collaboration, HearClear will also be representing the camps and on ground activities conducted by Neuberg Diagnostics as their hearing partner.

Speaking on the occasion, Vineet Narang, the Founder & Managing Director of HearClear India said, “The collaboration with Neuberg Diagnostics is a positive step towards establishing a strong foothold of HearClear in the market. Opening the gateway for tapping the existing audience base of Neuberg Diagnostics, it will help us in improving the accessibility to assisting patients and provide them with the best treatment for hearing loss. At the same time, it will help us in creating awareness around the importance of seeking timely treatment for hearing problems.”

Elaborating on the partnership, Vishal Dutta, Center Director, Neuberg Diagnostic, said, “By entering into partnership with HearClear, we aspire to expand our offering to our audience base. At Neuberg, we offer a wide range of tests, and understanding that a healthy ear is imperative for ensuring the overall being of the person, we are glad to have HearClear in this journey. By having HearClear services in our facility showcases our commitment to provide holistic diagnosis of the patient.”

BharatBenz Heavy-Duty Rigid Trucks with all-new engine and payload applications launched in India

National, August, 2024 –Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG (“Daimler Truck”) announced the launch of the all-new range of heavy-duty Rigid trucks from BharatBenz in the Indian market. The new range of Rigids, engineered for superior reliability, will be powered by an all-new BharatBenz BSVI-Stage2 6.7-litre diesel engine and will offer new payload applications such as bitumen, bulker, Petroleum, Oil & Lubricants (POL) in addition to a variety of existing payload applications. The all-new engine in new Rigid range is offered in two configurations with higher horsepower and torque – 250HP and 950Nm and 306HP and 1200Nm, which customers can choose from as per their application requirements.

Models in the all-new BharatBenz heavy-duty Rigid range will be available to customers needing 2826R (6×2), 3526R (8×2), 3832R (8×2), 4232R (10×2) and 4832R (10×2) configurations.

Speaking at the launch, Mr. Sreeram Venkateswaran, President & Chief Business Officer of Daimler India Commercial Vehicles said, ‘With the introduction of our all-new BharatBenz Rigids, we are committed to supporting the evolving needs of the Indian transportation sector. These trucks are not just tools, but reliable partners designed to navigate the dynamic world of logistics and transportation efficiently. Powered by the all-new 6D26 engine, these new trucks bring significant advancements in fuel efficiency and operational flexibility, which directly contribute to a lower total cost of ownership. These engines are specifically designed to handle substantial payloads efficiently, which allows for smoother shifts and high torque delivery at lower speeds. Available in multiple configurations, they offer not only enhanced acceleration but also class-leading peak and flat torque, resulting in maximized operational efficiency and improved driver comfort, reducing fatigue during extended hauls.”

Improved Fuel Efficiency:
DICV has significantly advanced fuel economy in the latest BharatBenz Rigid heavy-duty trucks, equipped with the EFFI+ package and multi-drive mode functionality. The EFFI+ package introduces several key innovations including ‘Minimal Parked Regeneration’ to reduce unnecessary fuel burn during downtime; ‘Auto Green Band’, which automatically maintains engine speed within the optimal RPM range for efficiency; ‘Auto Idling Shutdown’, which cuts off the engine during prolonged idling to conserve fuel; and ‘Harsh Acceleration Control’, which limits acceleration rates to prevent fuel wastage.

Moreover, the Multi-drive mode feature allows drivers to select between various operating modes tailored to different load conditions, greatly enhancing efficiency during partial or no-load operations. These technologies, along with the advanced common rail injection system and Load Based Speed Control (LBSC), collectively optimize performance and maximize fuel efficiency, ensuring operational cost-effectiveness.
Enhanced Chassis for Diverse Applications:
The newly engineered joggle frame chassis, constructed with riveted joints, lays a solid foundation for a wide range of applications. This advanced chassis design is deliberately crafted to support multiple new applications such as bitumen, bulker, and Petroleum Oil & Lubricants (POL) applications. The trucks are fitted with Parabolic-type, grease-free suspension.

Long-Term Reliability with 10 Lakh km AMC:
To support operational reliability, the trucks come with an attractive 10 lakh km Annual Maintenance Contract (AMC). This offer not only underscores DICV’s confidence in the durability of their products but also the company’s commitment to minimizing total cost of ownership in order to make customers successful.
Staying Ahead of the Curve in Truck Safety:
The new BharatBenz Rigids lead in truck safety, being fully compliant with stringent EU ECE R29-02 cabin safety norms. Aerodynamically designed AC cabins help sustain vehicle momentum, while comfortable sleeper berths support long-distance journeys. Advanced Driver State Monitoring systems, employing AI and computer vision, vigilantly prevent driver distraction and fatigue. Enhancements also include a more powerful engine brake system, boosting braking efficiency by 28%, and reverse cameras to facilitate safer manoeuvrability.

Mr. Sreeram Venkateswaran added, “Our trucks are tailored for diverse applications, capable of handling everything from urban deliveries to long-distance haulage. As the demand within the Indian market grows, our BharatBenz Rigid range is equipped to help businesses optimize their operations and enhance their productivity, ensuring our customers see real benefits in terms of cost-effectiveness and reliability.”

The high value propositions that BharatBenz customers benefit from are industry-leading longer service intervals, best-in-industry manufacturer’s warranty, 48-hour service / repair uptime through its ‘Rakshana’ initiative, and fuel efficiency improvements. These and many more factors contribute to the excellent total cost of ownership that BharatBenz commercial vehicles deliver cumulatively.
For over a decade, BharatBenz has been a transformative CV brand in the Indian commercial vehicle industry. Renowned across various sectors including construction, mining, and logistics for its reliability and efficiency, the brand has solidified its reputation as a leader in the truck market. A cornerstone of BharatBenz’s success is the outstanding service turnaround, long service intervals and an industry-leading warranty offering. Daimler India Commercial Vehicles has built strong partnerships and expanded its network to over 360 sales and service outlets nationwide, and forged relationships with more than 400 suppliers.

INDmoney Launches Instant Withdrawals for Stock Investors, service is powered via UPI

Bangalore, 22nd August 2024: INDmoney, leading stock broking platform, has announced Instant Withdrawals via UPI for its Indian stocks investors. The feature enables users to withdraw their funds into their savings accounts instantly, even if they are trading on the same day. The feature addresses a key problem statement for stock investors, boosting liquidity by ensuring real time trade settlements.

INDmoney‘s Instant Withdrawal feature addresses a key problem statement for stock investors. Most stock brokers process client withdrawals after the closing of markets and completing settlements for which the process takes over 24 hours. With the launch of INDmoney’s instant withdrawal feature a very big investor problem has been solved by the App. INDmoney’s feature enables investors to trade on the same day and also instantly withdraw their money up to Rs.1 Lakh on the same day.

Ashish Kashyap, Founder of INDmoney said, “Withdrawals and redemptions have always been my personal pain point. With the launch of Instant Withdrawals, we are solving a big consumer problem. Our goal is to provide fast and reliable services to our investors. Instant Withdrawals aligns with our commitment to simplifying financial management and ensuring our users have immediate access to their funds when they need it the most. We believe this feature will significantly enhance the user experience and set a new standard in the industry.”

The Instant Withdrawal service is initially made available from 8 AM to 5 PM on trading days. In the coming months, INDmoney plans to extend this service to operate 24×7.

Five Key Advantages of Embracing Hybrid Data Centers

Traditional data centers have long been the cornerstone for securing sensitive information, such as personal data, medical records, and financial details. However, as applications become more dispersed and data demands grow—particularly with the rise of AI—businesses are increasingly turning to hybrid data center strategies to stay ahead. By combining the reliability of on-premises infrastructure with the flexibility of cloud services, organizations can optimize their IT environments to meet evolving business needs.

Why Choose Hybrid Data Centers?

1. Enhanced Flexibility and Scalability:

Hybrid data centers provide businesses with the ability to adjust their IT resources on the fly, making them ideal for handling fluctuating workloads and seasonal demand spikes. For instance, a retail company can quickly scale up its cloud resources during peak shopping seasons, ensuring a smooth customer experience without the need to overcommit resources throughout the year. This approach not only optimizes performance but also reduces costs by aligning resource allocation with actual demand.

2. Adaptable Security and Compliance:

In industries where data security and regulatory compliance are paramount, hybrid data centers offer the best of both worlds. Organizations can keep sensitive data on-premises to maintain control and meet regulatory requirements, while leveraging the cloud for data analytics and less critical information. This strategy allows businesses to adapt their infrastructure as needed without compromising on security or compliance.

3. Cost Optimization:

Managing costs is a top priority for businesses, and hybrid data centers offer a strategic advantage. By utilizing multiple cloud service providers, organizations can take advantage of competitive pricing to optimize expenses. Additionally, the ability to switch to more cost-effective cloud storage options can lead to significant savings, making hybrid data centers a financially savvy choice.

4. Resilience and Business Continuity:

Hybrid data centers bolster business continuity by providing robust redundancy and failover mechanisms. By replicating data and applications across both on-premises and cloud environments, businesses can minimize downtime in the event of a disruption. This resilience is crucial for sectors like retail, hospitality, and healthcare, where uninterrupted access to data is essential for operations.

5. Tailored Storage Solutions:

A hybrid approach to data storage allows organizations to fine-tune their infrastructure to meet specific needs. By combining HDDs and SSDs, businesses can ensure that their storage resources are allocated optimally. For example, Western Digital’s Ultrastar DC HC690 HDD, with its 32TB capacity, is an excellent option for hyperscale cloud and enterprise data centers, offering the flexibility to store vast amounts of data efficiently.

Brookfield Properties’ Ecoworld 4D Earns Karnataka’s First LEED V4 BD+C: CS Platinum Certification

Bengaluru, 22nd August 2024: Brookfield Properties, a global leader in real estate development, has achieved an important milestone in sustainable construction with its Ecoworld 4D project in Bengaluru. This state-of-the-art Grade-A office park has been awarded the prestigious LEED v4 BD+C: CS Platinum certification, making it the first ready-to-occupy office space in Karnataka to earn this distinction.

Ecoworld 4D has been designed from the outset to achieve the highest standards in sustainable building certification to systematically implement key measures during its ongoing construction. The project first garnered the IGBC Platinum pre-certification, followed by the prestigious LEED Platinum certification, and is now on track to attain the WELL Platinum rating. LEED v4, recognized as one of the most stringent global benchmarks for sustainable design, recognizes excellence in energy efficiency, water conservation, and indoor air quality. This series of accolades underscores our commitment to creating sustainable, healthy, and efficient workspaces.

During the ongoing construction of Ecoworld 4D, strategic upgrades were seamlessly integrated, demonstrating exceptional foresight and dedication. The project’s success highlights Brookfield Properties’ capability to innovate and lead the way in the industry. Ecoworld 4D enhances environmental performance and serves as a catalyst for embodied carbon reduction initiatives within Brookfield Properties.

Commenting on this achievement, Mr. Shantanu Chakraborty, COO, Brookfield Properties in India said, “Ecoworld 4D becoming the only LEED Platinum certified operational building in Karnataka is a testament to our leadership in sustainable development. Embodied carbon reduction, encompassing all greenhouse gas emissions, associated with building materials and construction processes, is a critical factor in our vision for climate change. It is imperative to facilitate integrated design approach during the early stages of a project. “

LEED is the international standard for design, construction and operation of high-performance structures. LEED v4 B+C, an advanced rating emphasizes a flexible, performance-based approach that calls for measurable results throughout a building’s life cycle. The certification LEED v4 underscore how a project can benefit their local communities and our planet.

Experian India Launches AiDRIAN: AI-Driven Solution to Tackle Fraud in the Financial Industry

Mumbai, August 22, 2024: Experian India, a leader in data and technology, has unveiled AiDRIAN, an advanced tool that detects potential fraud. AiDRIAN offers a comprehensive approach for detecting potential fraud at its source, preventing the possibility of financial loss in real time, and maintaining the company’s reputation. The tool enhances customer experience while reducing the need for manual reviews and interventions.

According to Experian’s 2024 Future of Fraud Forecast report, nearly 70% of businesses report increased fraud losses in recent years, and over half of consumers feel more vulnerable to fraud than before. AiDRIAN addresses these challenges with its advanced capabilities to detect potential fraud. The platform integrates device profiling, analysing over 150 device parameters to create unique device IDs and identify anomalies. This real-time protection improves customer experience and adapts new tactics through self-learning capabilities.

Manish Jain, Country Managing Director of Experian India, said, “With the alarming increase in frauds reported by banks this year, the financial industry faces unprecedented challenges. Experian recognized the need for lenders to reduce fraud levels without impacting conversion rates, leading to the creation of AiDRIAN. This innovative solution focuses on revenue growth by aiming to differentiate between legitimate customers and potential fraudsters, significantly reducing false positives. With this solution, we have seen customers in other markets grow their revenues by up to 15%.”

He added, “AiDRIAN has very high accuracy in identifying potentially suspicious devices from where fraudulent transactions may be generated, which minimizes the volume of manual reviews and eases the burden on fraud teams. Its machine learning model is self-learning and continuously re-trained with new data, offering increasingly accurate recommendations over time. For the lending industry, where trust and security are paramount, adopting advanced technologies to detect potential fraud with AiDRIAN is essential to mitigate risks and build competitive advantage.”

AiDRIAN seamlessly integrates with existing fraud detection systems of organizations and prevents potential frauds at the source. The tool plans to offer a Closed User Group (CUG), a restricted data-sharing network where members may exchange information about known potential fraudulent activities. This aids in cross-platform detection, identification of fraud hotspots using IP-geolocation data, and recognition of multiple identities on one device.