18, Jan 2024
AnyMind Group appoints Gargee Banerjee as Associate Vice President, D2C, India
Mumbai, 18th January 2024: AnyMind Group [TSE:5027], a technology company for the business supply chain, has appointed Gargee Banerjee as Associate Vice President, D2C, India. Gargee, who has worked across India in metros and emerging markets brings in her expertise in revenue and operations management and will work towards helping the company capture potential growth opportunities across mid-market segments/companies.
Currently, Indian mid-market companies hold high valuations and are set to lead M&A in the coming years. Gargee, who holds nearly two decades of experience in digital, radio, and print, will spearhead the new vertical, which aims to support and offer e-commerce and marketing solutions to small and medium enterprises (SMEs). This step comes as a part of AnyMind Group’s expansion of offerings globally and in Indian markets.
Gargee has worked with teams in building and leading verticals with high-performing teams that imbibe a solutions-based approach. In her entire career span, she has worked in leadership positions in DNA, DB Corp Ltd (Radio Div), Big FM, and Saatchi & Saatchi wherein she handled the accounts of Videocon, Ranbaxy, Radio Khaitan, British High Commission, and ONGC amongst others.
Speaking on her new role at AnyMind Group, Gargee Banerjee commented, “I am excited to be a part of AnyMind Group India. The sector of SMEs is a major benefactor to the social and economic development of the country. In India, this sector has gained prominence due to its contribution to the Gross Domestic Product (GDP) and exports of the country. Initially, the marketing mix of these SMEs revolved around the traditional practices, however, with the introduction of Digital India and the COVID-19 pandemic, a shift towards adopting digital media marketing and e-commerce practices is evident. In my new role as the Leader of the D2C business vertical in India, I look forward to tapping this vast potential with AnyMind offerings and expanding and penetrating the group’s reach further.”
Speaking on the appointment of Gargee Banerjee, Rubeena Singh – Country Manager India & MENA, AnyMind Group said, “We are elated to welcome Gargee onboard at AnyMind India. As we continue our journey towards making every business borderless through our technology, Gargee’s addition brings in the right mix of knowledge and expertise as we continue strengthening our focus on delivering digital transformation to businesses of all sizes and expanding our focus to also serve mid-market clients. We look forward to working with her.”
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- By Rabindra
18, Jan 2024
Fino Bank to increase physical as well as digital footprint in West Bengal
Kolkata, 18 January 2024: Fino Payments Bank (“Fino Bank”, “Bank”) plans to set up branchless points at every 300 meters in an effort to bring banking services closer to industrial areas and IT hubs across West Bengal. Banking points at such short distances would be beneficial to people working and living near an estimated 10 million micro, small, and medium enterprises (MSME) spread across the state.
Fino Bank’s branchless points comprise of telecom shops, general provision stores, and other small businesses in the neighborhood that are easy for customers to access. They provide banking services using micro ATM (MATM) and Aadhaar-enabled payment system (AePS) devices. Currently, Fino Bank has around 35000 such tech-enabled shops known as merchant points across all 23 districts of West Bengal.
West Bengal, home to a large number of industries across automobile, leather, industrial machinery, textile, etc plans to build 4 new industrial parks covering North and South Bengal. With more MSME units coming up, new jobs created will lead to a demand for access to financial services in the industrial zones.
“We are geared up to meet the growing demand for access to quality banking services in West Bengal as well as across the North East”, said Mr. Shailesh Pandey, Chief Sales Officer, Fino Payments Bank. “Our innovative asset-light branchless banking infrastructure is the need of the hour, where more than 68% of the state’s 10 crore population lives in rural areas. Our pan India network of over 15 lakh points has been transforming the banking behavior of millions of people by providing assisted digital services in a convenient, safe and secure manner. We intend to replicate the same in the state by deploying our Distribution-Data-Digital strategy and expand our network by 50% in the next 12-18 months.”
Darpan Anand, Senior Divisional Head (North & East), Fino Payments Bank said, “Our Micro ATM and AePS enabled points have significant presence across West Bengal’s industrial and rural belts. Going forward, we will penetrate deeper inside existing geographies and in the upcoming MSME corridors and add more banking points within 300 metres of each other to improve banking access. In addition to basic banking services, the demand for efficient cash management services is huge in the state. We are well placed to cater to that need as well.”
With a growing smartphone user base in West Bengal and North East, Fino Bank believes in handholding its customers in their digital adoption journey. The Bank’s merchant also helps customers download FinoPay mobile app on their smartphones and transact leading to increase in digital transactions.
At Fino Bank’s point, one can open a new bank account, get instant debit card, do deposits, withdrawals, money transfers, pay utility bills, and even access third-party offerings such as insurance and referral loans. Most importantly, customers can visit the merchant at their convenience as the point is open for long hours, even on holidays. Merchants on the other hand, earn customer goodwill and opportunity to enhance their income.
18, Jan 2024
Uno Minda Unveils advanced DVR with Advanced Driver Assistance System (ADAS) in the aftermarket
National, 18 January 2024: The automotive landscape in India has undergone a significant technological transformation in recent years. With a heightened focus on safety, there is a growing demand for technology-based rider aids. Notably, there has been a gradual decrease in traditional driving methods, with an increasing popularity of autonomous driving-enabled products.
India currently holds the unfortunate distinction of ranking first globally in road accident-related fatalities, contributing to 11% of such incidents worldwide. Moreover, there has been a consistent annual increase of 12.6% in these accidents. The alarming statistic underscores the urgency to address this issue, especially given that more than 90% of road accidents can be attributed to human errors. This emphasizes the critical need for the introduction of advanced safety features within the automotive market to innovate and mitigate these concerning statistics.
As the Indian automotive landscape is witnessing a monumental shift towards prioritizing premium safety features, Uno Minda, a leading Tier 1 supplier of Proprietary Automotive Solutions to Original Equipment Manufacturers (OEMs), has announced the launch of Car DVR with Advanced Driver Assistance System (ADAS) in the Indian aftermarket. This ground-breaking device represents the company’s commitment towards integrated safety, by combining advanced technologies, sensors, and systems.
This new product offered by Uno Minda is a meticulously crafted device designed to enhance driver’s safety. It comes with an impressive range of technical specifications, including 720P full HD resolution that records every detail with clarity, enabling optimal surveillance. Furthermore, its 170° lens angle provides an extensive perspective, enabling a broad field of vision for increased awareness. The device also supports SD cards up to 32GB, facilitating recording. Whereas, its seamless connectivity to Android screens through a USB cable ensures a user-friendly experience, allowing drivers to focus on the road.
Commenting on the same, Mr. Karna Markan, Sales & Distribution Head – Accessories, Aftermarket Division, Uno Minda Ltd. said “At Uno Minda, our dedication to advancing autonomous technologies in the aftermarket reflects our commitment to empowering customers with enhanced safety measures during their driving experience. It has been our constant endeavor to provide products as per the needs of our customers. In recent times, we have witnessed the increasing occurrence of road collisions, which lead to severe injuries, economic losses, and even the loss of lives. With the UNO Minda Car DVR, we are offering cutting-edge technologies such as Lane Departure Warning and Forward Vehicle Too Close Alert to help drivers avoid such situations and to make sure that they remain within their lane. We are also proud that the Uno Minda Car DVR is more than just a cutting-edge piece of technology. The product is accessible at a reasonable price. Designed and manufactured right here.”
Constructed with a sturdy metal body and ABS material, the Uno Minda Car DVR with ADAS boasts impressive durability, making it a dependable companion for any road trip. Moreover, the IP67 environment rating enhances its resilience against various weather conditions, further bolstering its protective capabilities.
Priced at 6990 INR, the Uno Minda Car DVR with ADAS is now available at all leading online and offline retail stores and comes with a one year warranty period.
18, Jan 2024
New Year special collection from Brune & Bareskin
Step into the New Year with style as Brune & Bareskin, the epitome of luxury in the world of fashion, presents its much-anticipated New Year Special Footwear Collection.
This exquisite collection features a stunning array of Classic Cuban Boots and Chunky Boots, meticulously crafted to elevate your fashion game and make a bold statement in 2023. The Classic Cuban Boots showcase timeless elegance, blending sophistication with a touch of rugged charm, while the Chunky Boots exude contemporary flair and unmatched comfort.
Designed to cater to the diverse tastes of the modern connoisseur, each pair in this collection is a testament to Brune & Bareskin’s commitment to unparalleled craftsmanship and style. Embrace the spirit of the New Year with these must-have footwear pieces, available now at Brune & Bareskin stores and online.
Make every step count with Brune & Bareskin’s New Year Special Footwear Collection, where fashion meets excellence.
18, Jan 2024
Innovative Farming Solutions for Women Farmers by VST Tillers Tractors at the Krushi Odisha 2024 Exhibition
18 January 2024: VST Tillers Tractors Ltd, one of India’s leading farm equipment manufacturers, showcased its range of innovative products at the Krushi Odisha exhibition at Janata Maidan, Jaydev Vihar, Bhubaneswar. In line with the theme of the exhibition ‘Celebrating Women in Agriculture’ VST is displaying smart farm machines that are compact, handy, and easy to use for women farmers. Honourable Chief Minister Shri Naveen Patnaik Inaugurated the exhibition.
VST Tillers Tractors, which commands a leadership position in power tillers with more than 70 percent market share, is working with the State Government towards women empowerment in Agriculture by supporting them with innovative Smart Farm Machines.
It was a wide range of products from 2 HP to 50 HP used in different applications and crops The Products were appreciated by women farmers, WSHG, and officials of the agriculture and food production department at the exhibition. Major attractions at the stall were the remote-controlled power tiller, electric start 16 HP power tiller & 932 DI owners’ tractor (32 HP category).
Another attraction from VST Tillers Tractors at the show is, the VST 929DI EGT compact tractor which is equipped with a three-cylinder 30 HP category DI Engine, and offers higher power, Torque, and greater fuel efficiency. The Tractors is available with a unique DUAL TRAC feature to manage the narrowest working in the sugarcane field while operating with Standard Trac in other fields. VST’s Series 9 range of tractors are equipped with multiple features to meet the growing needs of farm mechanization at Orchard, vineyards, and Horticulture farms, some of the features like Fully Synchromesh Gearbox, and MID, RPTO, Independent PTO options are first-time in its segment Premium.
Krushi Odisha
Department of Agriculture & Farmers Empowerment, Govt of Odisha is organizing the ‘Krushi Odisha 2024’, a three-day event from 12-14th January 2024 in Janata Maidan, Bhubaneswar, Odisha. FICCI is a partner for the event. The theme for the event is ‘Celebrating Women in Agriculture’. The objective of the event is to recognize the contribution of women in the field of Agriculture and allied sectors and to initiate a platform for interface and linkage among women farmers, SHGs, women agri- agri-entrepreneurs, market players, service providers, agri-preneurs, and industry.
18, Jan 2024
Credgenics adds renowned banking industry veteran Mr. Ravindra Pandey as Strategic Advisor to the leadership team
India, January 18th, 2024: Credgenics, a leading provider of advanced loan collections and debt resolution technology solutions for Banks, NBFCs, ARCs, and Digital Lending firms worldwide, announces the appointment of Mr. Ravindra Pandey as a Strategic Advisor. In this role, he will be an invaluable asset to Credgenics, contributing with strategic guidance and leveraging his deep understanding of the banking industry to enhance the company’s market presence. He will guide the executive team in driving the business growth plans ahead for the company.
Ravindra Pandey’s illustrious career of 37 years at the State Bank of India speaks volumes about his deep understanding of the banking industry and expertise in shaping complex digital transformation initiatives. His success as Dy Managing Director & CIO and Dy MD (Corporate strategy) & Chief Digital Officer at the State Bank of India, showcase his proficiency as a banking strategist, passionate leader, and flag-bearer of innovation. As Digital Banking strategist, he has led adoption of several emerging, disruptive, and innovative processes.
Rishabh Goel, Co-founder, and CEO of Credgenics said, “We are thrilled to welcome Mr. Ravindra Pandey to Credgenics as a Strategic Advisor to the team. His extensive knowledge and leadership in digital banking, credit management, and technology transformation will be instrumental in steering Credgenics towards new heights of success. This appointment underscores our commitment to delivering unparalleled tech solutions and reinforces our position as a leader in the financial services industry”.
As a senior banker, Ravindra has also served on the board of several large and highly reputed organizations, demonstrating his ability to provide valuable strategic directions, and set highest standards of corporate governance and compliance culture. He is, at present, on the boards of several highly reputed organisations as an independent director. His rich leadership experience covers all facets of banking, including Digital Banking, Credit Management, SME Banking, Risk and Compliance, International Banking, Rural Credit, Financial Inclusion, and operational expertise.
Ravindra Pandey, Strategic Advisor at Credgenics said, “I am very excited to be a part of Credgenics at a crucial time when the financial services industry is witnessing a significant transformation powered with collaborative approaches by the Government, Regulator, industry players and technology providers. Credgenics, with its innovative tech approach and commitment to excellence, is well-positioned to lead the transformation in the debt management space. I look forward to contributing to the company’s journey of sustained success and innovation”.
Credgenics looks forward to leveraging Ravindra’s expertise as the company continues to drive innovation and excellence in the BFSI sector.
18, Jan 2024
Experience the Epitome of Adventure with Exclusive Deals from Scoot
India – Unlock new travel adventures this year with Scoot, the low-cost subsidiary of Singapore Airlines (SIA), with its launch of an exciting network sale, happening from 10 am (SGT) on16 January 2024 to 9:29 pm (SGT) on 22 January 2024.
With irresistible airfares starting from INR 4,288 for selected travel periods in 2024, start planning for your 2024 dream getaways to over 55 adventure-filled destinations including, Bali, Bangkok, and Ho Chi Minh City, Langkawi and Penang.
With more than 150,000 promotional seats for sale across Scoot’s network, make your journeys hassle-free with perks such as 10kg of cabin baggage allowance and the choice of a range of travel destinations and dates that fit your schedule. Travel with peace of mind with Scoot’s MultiFlex product, which allows unlimited flight date/time changes per booking with no change fees.
Passengers will also enjoy a seamless and unique experience with Scoot’s pay-as-you-need model that caters to different needs and preferences. This includes additional baggage allowance, meals and upgrade to an enhanced in-flight experience on ScootPlus, which provides 30kg checked baggage allowance, 15kg of cabin baggage allowance, priority boarding, choice of meal and beverage, complimentary Wi-Fi access and more.
IN Jan Network Sale
- Fares are one-way Economy FLY promotional fares, out of India, including taxes.
- More than 30 destinations on sale. Destinations to highlight: Bali, Bangkok, Ho Chi Minh City, Langkawi and Penang
| Travel period for customers travelling from Coimbatore, Chennai, Thiruvananthapuram, and Vishakhapatnam
|
| · 01 February 2024 – 23 April 2024 |
| · 20 May 2024 – 11 Dec 2024 |
| Travel period for customers travelling from Amritsar
|
| · 28 Mar 2024 – 25 Oct 2024 |
| Travel period for customers travelling from Tiruchirappalli
|
| · 01 Feb 2024 – 28 Apr 2024 |
| · 01 Jul 2024 – 15 Dec 2024 |
Note: Additional blackout periods may apply over school holidays and event periods
| Rates starting from (INR) | ||||
| Amritsar | Coimbatore | Thiruvananthapuram | ||
| To | Bangkok | 9,800 | 8,900 | 9,000 |
| Penang | 8,400 | 7,800 | 7,800 | |
| Langkawi | 8,400 | 7,800 | 7,800 | |
| Denpasar | 10,500 | 9,500 | 9,500 | |
| Singapore | 8,500 | 8,500 | 7,900 | |
| Tiruchirappalli | Vishakhapatnam | Chennai | ||
| To | Bangkok | 8,900 | 8,900 | 8,900 |
| Penang | 8,200 | 7,900 | 8,200 | |
| Langkawi | 8,200 | 7,900 | 7,700 | |
| Denpasar | 9,500 | 8,900 | 9,500 | |
| Singapore | 8,200 | 8,200 | 8,200 | |
ScootPlus
| Rates starting from (INR) | ||
| Amritsar | ||
| To | Singapore | 13,300 |
| Bangkok | 20,900 | |
| Denpasar | 22,900 | |
| Incheon | 32,900 | |
| Narita | 44,900 | |
| Osaka | 43,900 | |
| Taipei | 27,900 | |
| Sydney | 36,900 | |
| Melbourne | 36,900 | |
| Perth | 32,900 | |
18, Jan 2024
Wardwizard Innovations and Mobility Announces Q3 FY24 Results
National, 18th January 2024 – Wardwizard Innovations & Mobility Limited (BSE Code: 538970), a leading auto manufacturing company in the EV segment, has announced its Unaudited Financial Results for the Q3 FY24.
Standalone Q3 FY24 Key Financials at a Glance
| Particulars (₹ Crore) | Q3 FY24 | Q3 FY23 | YoY Change |
| Total Revenues | 106.32 | 69.83 | 52.27 % |
| EBITDA | 11.50 | 6.49 | 77.22 % |
| EBITDA (%) | 10.82 | 9.29 | 152.32 Bps |
| PAT | 5.70 | 3.43 | 66.12 % |
| PAT (%) | 5.36 | 4.91 | 44.73 Bps |
| EPS (₹) | 0.22 | 0.14 | 57.14 % |
Consolidated Q3 FY24 Key Financials at a Glance
| Particulars (₹ Crore) | Q3 FY24 | Q3 FY23 | YoY Change |
| Total Revenues | 106.32 | 69.83 | 52.27 % |
| EBITDA | 11.22 | 6.20 | 80.94 % |
| EBITDA (%) | 10.55 | 8.88 | 167.18 Bps |
| PAT | 5.35 | 3.36 | 59.38 % |
| PAT (%) | 5.03 | 4.81 | 22.44 Bps |
| EPS (₹) | 0.21 | 0.13 | 61.54 % |
Commenting on the performance, Mr. Yatin Gupte – Chairman & Managing Director of Wardwizard Innovations & Mobility Limited said, “We are delighted to announce our exceptional financial performance in Q3 FY24, highlighting robust growth that reflects our commitment to delivering sustainable and innovative electric mobility solutions to the dynamic Indian market. The increase in sales volume indicates a rising acceptance of our offerings. Our strategic investments in marketing have yielded positive results, and we anticipate the upward trajectory of sales volume to persist. This, in turn, will fortify our company’s performance with a positive bias. As we actively pursue further expansion and development, Wardwizard has successfully appointed intermediaries for our fundraising activities. This strategic move positions us well for future growth and development as we continue to navigate the dynamic landscape of the electric vehicle industry.”
| Highlights for Q3 FY24 (October 2023 – December 2023) | |
| Development of the Electric Vehicle Ancillary Cluster | The Company has signed a Rs. 2,000 Crore MOU with the Gujarat Government to develop an Electric Vehicle Ancillary Cluster by 2024, targeting 5,000 job opportunities by 2024. |
| Joy e-bike Expands Reach | Wardwizard’s ‘Joy e-bike’ brand achieves a remarkable feat, opening 100+ exclusive showrooms and 750+ touchpoints across India in just six months. The showrooms feature a range of electric two-wheelers, including the durable MIHOS scooter made with advanced PDCPD material. |
| Wardwizard Innovations & Mobility partners with Triton EV | Wardwizard partners with Triton for a five-year collaboration in India and the UAE. Triton EV selects WIML as its manufacturing partner for Battery Operated trucks, expanding to Two-wheelers and Three-wheelers. The collaboration includes technology transfer for hydrogen battery packs and a commitment to green mobility. |
| Sales Milestone | Wardwizard’s “Joy e-bike” sold 2,563 electric two-wheelers in November ’23, surpassing 9,800 units from August to November. The company marked its expansion with 100+ showrooms and 750+ touch points nationwide, emphasizing accessibility and customer service. Wardwizard’s growth signifies rising demand and trust in its electric vehicles. |
| Joy e-bike & BEEAH Group Collaboration | Joy e-bike partners with BEEAH Group for sustainable electric vehicles in GCC and Africa. The alliance aims to study feasibility for various electric vehicles in the UAE, with BEEAH providing tech support and leveraging its network. The collaboration emphasizes advancing green mobility in line with government goals. |
18, Jan 2024
WinZO launches “Bharat Tech Triumph” initiative to facilitate export of Made in India
Hyderabad/ New Delhi, 18th January 2024: WinZO, India’s leading vernacular interactive entertainment platform, has unveiled the ‘Bharat Tech Triumph’ initiative, a groundbreaking program aimed at enhancing the global export of culturally relevant games and related technology originated in Bharat. This initiative focuses on nurturing homegrown startups, providing crucial resources for growth, and fostering intellectual property creation in the entertainment sector. The program aligns with Prime Minister Modi’s vision of “First Be Vocal For Local, Then Go Global” and aims to position Bharat as a global powerhouse in technology innovation. It also aims to propel the global export of cutting-edge technology originating from Bharat.
Under the ‘Bharat Tech Triumph’ initiative, WinZO will support research in deep tech for social gaming and cybersecurity, offering resources such as infrastructure, collaborative opportunities, funding, and access to real-world data. The initiative will facilitate collaboration and knowledge sharing among local startups, the global gaming community, and academic institutions. TVAGA, along with other industry experts, including Rajesh Raju of Kalaari Capital, Justin Shriram Keeling of Lumikai, Anand Jain of CleverTap, and Neha Yadav of AWS, will identify high-potential technologies.
Paavan Nanda, Co-founder of WinZO, expressed, “Today, technology increasingly offers greater capability to propel advancement, foster innovation, and bolster socio-economic growth. At WinZO, we want to nurture innovation and contribute to the overall growth of the technology sector, inspiring the next generation of entrepreneurs to ‘Make in Bharat’ for the world.”
“The diversification of exports is pivotal for India’s economic prosperity. The export of game tech products, particularly high-speed computation technology, holds the key to unlocking our nation’s vast economic potential and success of technology startups. Recognising the tremendous potential within India’s startup ecosystem, we believe that global exposure and promoting export of cutting-edge technology will not only contribute to economic growth but also position India as a global leader in the consumer tech industry. Our commitment to supporting startups reflects our belief in their importance in economic success and technological advancement on the global stage. We at Kalaari are great supporters of startups that are innovating for Global audience,” Rajesh Raju, Managing Director, Kalaari Capital.
The initiative seeks to position Bharat as a global powerhouse in technology innovation, emphasizing real-time communication, high-speed computation, and scalable technology to cater to billions of consumers concurrently.
To establish a global footprint, select companies will be facilitated by WinZO to become part of the first India Pavilion at the Game Developers’ Conference in San Francisco in March ’24. This initiative follows the successful launch of the India Pavilion at the Brazil Game Show in São Paulo.
WinZO is committed to driving Bharat’s transformation into a leading hub for game development on the global stage. Last year, WinZO helped 100+ partner game developers export games such as Carrom, Chess, Car Race, etc, and gain free access to Brazil, the fourth-largest mobile gaming market with over 90 million users. These initiatives come at a pivotal moment in the Indian Gaming sector’s journey wherein most content/ IP creators are still in their nascent stages and initiatives such as these will catapult India into a leadership position within the global gaming arena and promote Indian leadership.
18, Jan 2024
Apricity by PP Jewellers by Pawan Gupta
Celebrate the dawn of a sparkling New Year with PP Jewellers by Pawan Gupta’s exclusive New Year Special Jewellery Collection, “Apricity”. It is the time for new beginnings & the air is filled with excitement, joy and love! It’s time to count all the blessings & enjoy this cosy weather and wonderful time with your loved ones.
To illuminate your style for this winter season, PP Jewellers by Pawan Gupta presents their latest jewellery collection that includes luxurious diamond neckpieces, stunning bracelets along with dazzling green emerald studded precious diamond earrings & rings, crafted with love and perfection.
This collection represents elegance, brightness & warmth of the love that one can feel with this beautiful collection. These classic and elegant jewellery designs are sure to be an instant hit at any gathering, be it a New Year get-together or a lavish Christmas party.
Keeping luxury & trends both in mind, this collection encompasses symmetrically scattered diamond designs studded with colourful stones. While the white diamonds add to the artistry with their sheen and fancy shapes, the coloured gemstones lend some depth to the design. Hence, it is a beautiful fusion of the latest trends and elegance.
Price: On Request
Available: PP Jewellers by Pawan Gupta F-47, South Extension, Block F, South Extension I, New Delhi, Delhi 110049 & 2700 Desh Bandhu Gupta Road, Karol Bagh, New Delhi-110005
