Category Archives: Business

Crompton Introduces its New Range of IndiBreeze Industrial Air Coolers that Delivers ‘Jaldi Cooling’ Providing Relief in the Summer Heat

30th July 2024  Mumbai, Maharashtra, India  Crompton Greaves Consumer Electricals Limited, renowned for its commitment to quality and pioneering innovations in appliances, has continuously redefined your living spaces with sophistication and unparalleled style. Taking this to a new level, Crompton is once again transforming cooling solutions with the launch of its IndiBreeze Industrial Cooler range. Available in 95L and 135L capacities, these industrial-grade coolers are specifically designed to tackle the demanding needs of large, open spaces like factories, warehouses, restaurants with open kitchens, and large lobby areas.

As climate change becomes a harsh reality and temperatures soar to unprecedented levels, we are likely to face extreme heat in the upcoming season. The intense heat waves and scorching temperatures make it important for one to experience instant cooling after a long day. Instant cooling is not only necessary to combat the heat but also to ensure comfort, convenience, and overall well-being during the summer months. Coolers, therefore, offer a valuable solution with their affordability, durability, and energy-efficient features, providing optimal cooling comfort anytime, anywhere. However, traditional metal coolers, while cost-effective, often struggle to deliver effective cooling in large, open spaces. In line with Crompton’s commitment to enhancing the consumer experience, the company has introduced a new range of industrial air coolers – IndiBreeze series designed to deliver “Jaldi Cooling” this summer season.

Speaking about the latest innovation, Mr. Malhar Vadke – Business Head (Large Domestic Appliances) – Crompton Greaves Consumer Electricals Ltd. said, “The launch of the IndiBreeze Industrial Cooler range reflects Crompton’s dedication to evolving alongside its customers’ needs. Our living spaces have transformed; they are no longer just places of residence, but dynamic environments where comfort plays a crucial role in various activities. Similarly, industrial spaces require solutions that prioritize worker well-being and ensure optimal productivity. The IndiBreeze Industrial Coolers addresses this growing need for powerful and reliable cooling in industrial / different settings. Crompton has a history of breaking barriers with advanced technology and pioneering innovations. We believe the IndiBreeze Industrial Coolers continue this tradition, delivering the same high results you expect from our products for a more comfortable and convenient consumer experience.”

Engineered with precision and innovation, these coolers are designed to redefine cooling solutions for industrial spaces. Crompton understands that industrial settings require robust equipment that can withstand heavy-duty use. Hence, with their advanced features and reliable performance, the IndiBreeze 95 and IndiBreeze 135 are set to elevate cooling experiences in industrial environments, offering unparalleled comfort and efficiency.

Find below the details of the products:

IndiBreeze 95 features a robust double-bearing motor enhancement, ensuring longevity and reliability. With high-density honeycomb pads and a 17″ inch Metal fan blade, it delivers a powerful airflow of 6500m3/hr. Equipped with fully collapsible louvers, an Everlast Pump, and auto-fill functionality, it offers convenience and efficiency. Its inverter capability and heavy-duty caster wheels make it adaptable and easy to maneuver

IndiBreeze 135 boasts similar features but with enhancements tailored for larger spaces. Its double-bearing motor ensures durability, while the 20″ metal fan blade facilitates higher airflow, delivering an impressive 9000m3/hr. With fully collapsible louvers, an Everlast Pump, and auto-fill functionality, it guarantees optimal and consistent performance. Like its counterpart, it is inverter-compatible and equipped with heavy-duty caster wheels for enhanced mobility.

The IndiBreeze range of air coolers is available across the retail stores of Crompton and e-commerce channels as well for a price range of Rs. 25,000 to Rs. 29,000.

Playground Season 3 is a Massive Success; This Gaming Reality Show has now been Extended by Two Weeks

30th July 2024 New Delhi, Delhi, India  Given the overwhelming support and engagement, Amazon miniTV – Amazon’s free video streaming service – in association with Rusk Media, announces the extension of the Playground Season 3, the biggest gaming reality show by two weeks. Capturing the hearts of Gen-Z, Playground Season 3 transcended reality show status to become a bona fide cultural phenomenon. The enthusiastic embrace of the show by the Gen Z’s has propelled it to new heights of popularity and acclaim, highlighting its relevance and resonance among young audiences.

Since its premiere, Playground Season 3 has captivated audiences nationwide, garnering impressive success metrics across all platforms. The show has reached over 25 million unique viewers across all touchpoints, each viewer on Amazon miniTV is spending 60 mins on an average per day with over 40% returning viewers, reflecting the strong audience engagement and loyalty.

The dynamic combination of mentors in Playground Season 3 brought a diverse range of expertise and perspectives to the forefront, enriching the gaming experience for enthusiasts nationwide. Elvish Yadav, known for his infectious energy and strategic gameplay, seamlessly transitioned from his successful stint as a Bigg Boss OTT Season 2 winner to donning the mentor hat for the first time, injecting fresh enthusiasm and insight into the competition. Alongside him, the seasoned presence of OG CarryMinati provided invaluable wisdom and wit, while Techno Gamerz brought his technical prowess and innovative strategies to the table. Not to be outdone, Mortal’s unparalleled skill and competitive spirit added an extra layer of intensity to the mix. Together, this eclectic lineup of mentors not only guided the participants through challenges but also inspired and empowered the next generation of gamers, making Playground Season 3 an unforgettable journey of growth, camaraderie, and exhilarating gameplay.

The show has also been able to onboard marquee brands like Hero Xtreme125R as the title sponsor which launched its bike on the show. The show is co-powered by Pova India, and has special partners including TooYumm, Pizza Hut, LG, and Philips.

“We are thrilled with the overwhelming success of Playground Season 3 and grateful for the immense support from our viewers and sponsor brands for helping us build a successful content franchise,” said Amogh Dusad, Head of Content at Amazon miniTV. “The extension of the show for two more weeks underscores the tremendous impact it has had on Amazon miniTV’s audiences across the country. We are committed to delivering high-quality entertainment and look forward to bringing more excitement to gaming enthusiasts.”

Mayank Yadav, CEO of Rusk Media, stated, “The success of Playground Season 3 is a testament to our collective efforts in redefining gaming entertainment. We would like to thank the mentors, sponsors and participants for the overwhelming support. The season’s extension reflects our commitment to delivering unparalleled entertainment experiences. We look forward to continuing this journey of success and innovation.”

Headlined by Hero MotoCorp as the ‘Presenting Partner’ and powered by POVA from TECNO, Playground Season 3 has also received support from Swiggy, Pizza Hut, LG OLED TV, Philips, Too Yumm!, PUMA and Kreo as Special Partners. These collaborations have elevated the show’s entertainment quotient and provided viewers with an unprecedented immersive gaming experience.

With its blend of adrenaline-pumping challenges, fierce competition and non-stop excitement, Playground Season 3 continues to redefine gaming entertainment in India. The reality show is streaming exclusively on Amazon miniTV for free within Amazon’s shopping app, on Fire TV and Play Store.

Formovie Projectors Fast Emerging as the Premium Choice in India’s Home Entertainment

30th July 2024  Mumbai, Maharashtra, India  The increasing inclination of customers toward a theatre-like movie or gaming experience has also led to an increase in the growing demand for laser projectors. This surge in demand has also seen many global tech giants entering the Indian market. This includes Formovie, the Mi ecosystem company, which forayed into India last year and is already making a major impact by providing an unforgettable viewing experience right at home.

Irrespective of whether you are a movie enthusiast, a gamer, or hosting a screening center, a high-quality projector can take your viewing experience to the next level. Hence, being the key to a perfect entertainment setup, finding the right kind of projector should be done after a detailed assessment of the pros and cons of the available choices.

One of the major reasons for the wide acceptance of Formovie projectors is the stunning visual quality that they offer. Powered by Advanced Laser Phosphor Display (ALPD 4.0), these RGB+ laser projectors deliver 2800 ANSI lumens brightness and 4K color accuracy. The brilliant display function can be further enhanced by using the ambient light-rejecting screen mode.

Other major pros of the projectors are their easy integration with Android TV 11.0 and Google Assistant, which help users easily control their content from the comfort of their living room. The Formovie projectors also support a wide range of streaming services, including Dolby Vision content from Apple TV, Disney+, and other popular platforms.

These advanced projectors also feature a wide array of connectivity options, including Bluetooth, Wi-Fi, and HDMI, enabling viewers to connect to various multimedia devices and streaming services easily and conveniently. In addition to Dolby Vision, the projectors also have built-in Bowers & Wilkins speakers with Dolby Atmos support, ensuring premium sound quality equivalent to a real cinematic audio experience in movie theatres.

In addition to the sound system, they are equipped with smart features such as voice control, screen mirroring, and auto-focus, making them the right choice for a personalized viewing experience. As consumers opt for energy-efficient and eco-friendly projectors, Formovie projectors are designed to be energy-efficient and environmentally friendly. Starting from Formovie S5 projector priced at Rs 69,999, to Formovie 4K Theater, which is priced at Rs 3,79,999, these projectors are also among the most cost-effective devices included in the luxury category.

L&T Finance Ltd. Empowers Over 42 Lakh Community Members through the Digital Sakhi Program

30th July 2024  Mumbai, Maharashtra, India  L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) has empowered over 42 lakh community members so far through the ‘Digital Sakhi’ program which is a key initiative under Corporate Social Responsibility (CSR).

The program which was initiated in 2017, has consistently expanded its geographical footprint in 7 states namely, Maharashtra, Madhya Pradesh, Tamil Nadu, West Bengal, Odisha, Karnataka and Kerala with a cadre of 1,370 trained Digital Sakhis over the years. The program aims to create awareness on Digital and Financial Literacy amongst the rural population.

Speaking about the progress of the Digital Sakhi program, Ms. Apurva Rathod, Company Secretary & Chief Sustainability Officer at LTF said, “Our Digital Sakhis have played an active role in bridging the last mile gap and facilitating convergence of government schemes, conducting sessions in Gram Sabhas and the State Rural Livelihood Mission programs and supporting the community to obtain the benefits of government schemes. The efforts of Digital Sakhis have been instrumental in bringing the larger community into the ambit of entitlements. Our Digital Sakhi project has continued to invigorate the women empowerment narrative with many women rising up the ranks, from the confines of their homes to being change agents in their community. In FY24, our Digital Sakhis have effectively helped empower over 11 lakh rural communities by promoting digital financial inclusion, providing impetus to 2,400 women entrepreneurs.”

Digital Sakhi is a flagship program of LTF, that equips rural women with the skills and knowledge to confidently impart Digital and Financial Literacy (DFL) training to households in their communities and nurture an ecosystem of digital financial transactions. The program focuses on Sustainable Development Goal (SDG) 5 – Gender Equality, wherein women are identified from rural communities and trained extensively on DFL, leadership, and technology. These women are called “Digital Sakhis‟. Each Sakhi is equipped with a mobile tablet with preloaded DFL modules. The program also nurtures women entrepreneurs from the communities, providing them with upskilling and enterprise development training to help them build their businesses and enhance their livelihoods.

In FY 2023-24, under the program, LTF has successfully impanelled 400 Sakhis in the new geographies of Uttar Pradesh (Gorakhpur), Bihar (Supaul), Tamil Nadu (Madurai), and West Bengal (Murshidabad).

Across existing and new program locations of Digital Sakhis, there has been a commendable 12 percent increase in the adoption of digital payments among community members, promoting a cashless economy and enhancing financial inclusion.

Details of progress made in the last financial year

The Digital Sakhi project in Uttar Pradesh at Gorakhpur district was launched in the last financial year and in the first year of the project, more than 1,25,000 individuals were reached through various awareness activities.

Similarly, the project was launched in Bihar at Supaul district and it has started to show results on the ground. In the first year of the project, more than 1,00,000 individuals were reached through various awareness activities.

The Digital Sakhi project was also launched in Tamil Nadu at the Madurai district and in the initial year, more than 1,00,000 individuals were reached through various awareness activities.

Lastly, the project in West Bengal at Murshidabad district was launched last year and during the year more than 1,00,000 individuals were reached through various awareness activities in the first year.

Deputy Chairman of the Rajya Sabha, Harivansh Praised Keshav Bharadwaj’s Bhojpuri Story Collection ‘Redlight’

30th July 2024  New Delhi, Delhi, India  Deputy Chairman of the Rajya Sabha, Harivansh Narayan Singh, has praised Keshav Bharadwaj’s Bhojpuri story collection ‘Redlight’ as a credible depiction of human suffering in British colonial countries. He expressed his happiness with the storytelling in Bhojpuri. This story collection is garnering strong support from Bhojpuri and Hindi-speaking audiences on online platforms. The number of Bhojpuri speakers worldwide exceeds 200 million, with over 60 million in India alone. It is hoped that this story collection will achieve new levels of popularity among Bhojpuri and Hindi-speaking audiences worldwide.

‘Redlight’ serves as a historical testament to human tragedy. The author has spread all the colours of human existence in this short but poignant story. The main character of the story sees ‘Mulago Hospital’ at Kampala’s famous jam-packed red light as a place of faith, sacrifice, and dedication towards the freedom fighters.

The hero of the story, who has received police training, keeps turning his attention to the inconsistencies in African society, far away from India, while simultaneously connecting it with the values and culture of Indian society. He also gets excited after finding the company of non-resident Indians and the ancient Ganesh temple near his residence. He also sees the beautiful blend of tradition and modernity, dazzling nightclubs, and people dying from malaria that has been otherwise eradicated. The hero’s favorite subject is the exploration of the universal social elements of India and Uganda. The story also introduces us to the powerful campaign of Burma’s famous Prime Minister U Shaw against British rule during the Second World War and the poignant story of his being made a prisoner of war.

In the middle of the story, the hero’s daily stop at the traffic red light to watch the hustle and bustle of the local goods market set up at the crossroads, just like in India, becomes his favorite way of life. While the enjoyment of the youthful appearance of the attractive young woman from Kampala, burdened by the basket of juicy mangoes at the red light, reflects the innate desire of the male element, the inquiring about her health and the regret over the habit of haggling over the price of the basket of mangoes is the manifestation of the noblest form of human values.

Through his story, Keshav made ‘Mulago Hospital’ a subject of historical importance which became a metaphor in world fiction. This hospital is like the famous ‘cemetery’ of Paris, filled with the graves of world-famous thinkers, philosophers, and agitators along with the dictators of the French Revolution. During the Second World War, forty-seven prisoners of war brought from Malta by the British oppressive power were kept in ‘Bambo Barracks’ in Uganda, where they fell victim to malaria and ultimately sacrificed their lives at ‘Mulago Hospital’. The ‘Red Light’ story, through the medium of the hospital, forces people from India to Africa to remember the sacrifices of their ancestors who were freedom fighters and have a sense of devotion towards them.

Apart from this, in the story Golki Frame Ke Chashma, all the old things of Bettiah city revolve like a cinema reel. The reason behind the establishment of Maharani Janaki Kunwar College has been depicted wonderfully. George Orwell, Prakash Jha, and Manoj Bajpayee have also been depicted in the same story in a flow of emotions. Even now the people of that city are not aware of this. While reading it, it felt as if the literature of an established author was being read. Faisla and Khilona are beautifully woven together depicting women’s power.

There is a frank and unmatched description of Prayag in Kalpavas. Every person who belongs to that era must read this book. He will definitely consider himself a character in this book. Every story in this book is good, and lively, about me-you-village-home- city. Such non-fiction prose has been written in Bhojpuri after a long time.

Gatorade Drops It’s All New Turf at the Iconic Chandni Chowk to Inspire Active Lifestyle

30th July 2024 Delhi, India As part of its ongoing ‘Turf Finder’ initiative, Gatorade, PepsiCo India’s iconic hydration brand, unveiled Delhi’s second turf in the busy lanes of the iconic Chandni Chowk. The event, held on Sunday morning, marked a significant milestone for Gatorade towards promoting the love and will for playing sports amidst the hustle and bustle of India’s metropolitan cities.

Launched in February earlier this year with its first turf debuting in Mumbai, this initiative by Gatorade is committed to finding people places to play, wherever and whenever space permits in the city. The initiative is aimed at addressing the scarcity of recreational space in urban India through Google Maps data. This may just be how cities look at urban playgrounds in the future. Through this initiative, Gatorade seeks to inspire young individuals to embrace physical activity as a key part of their daily lives.

The event witnessed enthusiastic participants coming together to play and relish the excitement offered by the specially tailored turf, catering to badminton, and basketball aficionados. Delhi witnessed its first turf drop earlier in March in Lajpat Nagar, and the brand is aiming to drop another turf in the city soon.

Speaking on the initiative, Ankit Agarwal, Associate Director, Energy & Hydration, PepsiCo India, said, “Gatorade has consistently championed the importance of fitness and an active lifestyle as integral components of well-being. However, in today’s fast-paced and chaotic society, finding both time and a suitable space for physical activity poses a significant challenge. We firmly believe that this initiative will make sport accessible to a lot more people, thereby cultivating a healthier lifestyle. By providing convenient and inviting spaces for play, we hope to inspire communities to embrace the intrinsic value of staying active amidst the demands of modern life.”

Adding further, Rajdeepak Das, CCO, Publicis Groupe – South Asia & Chairman, Leo Burnett – South Asia, said, “This is a true HumanKind idea where we are using technology to find solutions for modern day problems. Our cities are temporal in nature, they behave different by day and different by night. We have validated this spirit and used historic Google Maps data to find empty spaces at specific times which can be made into a turf. The most exciting part is that this campaign can be scaled across the country and not only promote an active lifestyle but also make a cultural impact in communities making sport an equalizer.”

Zoya’s New Brand Campaign Featuring Sonam Kapoor Introduces Its Iconic Symbols of Self-Acceptance

30th July 2024  Mumbai, Maharashtra, India  Zoya, the exquisite diamond boutique from the House of Tata, has been redefining the way fine jewellery is experienced in India with meaningful pieces of wearable art and an experience of warm luxury. The atelier introduces a powerful new brand campaign featuring its ambassador Sonam Kapoor. Centred on its autograph collection, ‘My Embrace’, an iconic collection, it embodies the brand’s homage to its timeless muse – the Zoya woman. She revels in self-discovery, finding joy and nourishment in embracing every facet of her being. Whether it’s through moments in which she is accompanied by her favourite music, journaling, or immersing herself in nature, she finds fulfilment in simply being. With this campaign, Zoya extends its iconic range to a new colour palette.

Amanpreet Ahluwalia, Business Head of Zoya, expresses, “At Zoya we have always believed that women should be able to celebrate the joy of being just who they are, irrespective of the many roles they play in life. This collection journeys through the very soul of Zoya, a word which means ‘alive’. ‘My Embrace’ becomes an iconic symbol of self-acceptance, because you feel truly alive when you embrace who you are and are comfortable in your own skin.”

The collection features 26 trademarked designs, including sleek bangles, bracelets, pendants, rings, and earrings, all crafted with simplicity yet profound craftsmanship, making each piece a coveted collector’s item. The emotional inspiration of self-embrace is translated with rich sculptural dynamism into a continuous flow and a harmonious integration of components in a marvel of engineering. The highlight of the collection is the ‘My Embrace’ bangle, featuring a singular pear-shaped diamond in a prominent setting, symbolising the emotional journey of self-acceptance and integration.

Overseen by Creative Agency Spring Marketing Capital, the campaign builds on previous successes exploring and celebrating every heroine’s love for her being. “Zoya’s design philosophy, inspired by the shape of an embrace, remains at the forefront. We’ve crafted this campaign around life’s authentic, joyous, and simple moments, set against expansive outdoor landscapes, which act as a blissful getaway. Collaborating with Sonam Kapoor allowed us to authentically showcase her joy in spaces synonymous with the Zoya brand,” says Arun Iyer, Founding Partner, of Spring Marketing Capital.

The campaign will be promoted across various platforms including outdoor, social media, print, digital, OOH, television, and theatres, aiming to spread the message of self-celebration embodied by the ‘My Embrace’ collection.

SKF India Dedicates a Song to Mechanics, the Real Heroes of the Road

30th July 2024  Pune, Maharashtra, India  SKF India, a premier provider of automotive solutions, released “Heroes of the Road”, a heartfelt song dedicated to the unsung heroes of the automotive industry – the mechanics.

In the automotive aftermarket where long hours, complex repairs, and lack of appreciation are prevalent, SKF India aims to shine a spotlight on the invaluable contributions of mechanics through this inspiring musical tribute.

Alagesan Thasari, Director for Automotive India and Southeast Asia, commented on the initiative, “With ‘Heroes of the Road’, SKF India reaffirms it’s commitment to the automotive industry and the dedicated mechanics who keep it running smoothly. This song is our way of honoring their tireless dedication and unwavering commitment to excellence.”

The song will be available in multiple languages including Hindi, Bengali, Punjabi, Telugu, Kannada, Gujarati, and Malayalam, to resonate with mechanics from different regions of India. SKF India encourages Automotive Distributors (ADs), retailers and mechanics to join the movement and celebrate “Heroes of the Road”.

In addition, SKF India is also running a nationwide truck activation campaign, “Install Confidence, Install SKF” to empower commercial vehicle mechanics. The campaign spans across more than 50 cities in 18 states to engage with more than 5000 mechanics. The primary objective of the initiative is to create awareness about SKF offerings for commercial vehicles demonstrating their pivotal role in streamlining the lives of mechanics while championing sustainability within the automotive sector.

SKF is a world-leading provider of innovative solutions that help industries become more competitive and sustainable. By making products lighter, more efficient, longer lasting, and repairable, we help our customers improve their rotating equipment performance and reduce their environmental impact. Our offering around the rotating shaft includes bearings, seals, lubrication management, condition monitoring, and services. Founded in 1907, SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2023 were SEK 103,881 million and the number of employees was 40,396.

Dailyhunt’s Trust of the Nation 2024′ Survey 61percent of Respondents Expressed Satisfaction with the Current Government

30th July 2024  Bengaluru, Karnataka, India  Dailyhunt, India’s #1 local language content discovery platform, today unveiled the findings of its comprehensive “Trust of the Nation 2024” survey. The extensive online survey, administered via Dailyhunt, in 11 languages including English, Hindi, and key regional languages, garnered responses from over 77 lakhs participants across diverse demographics and is providing valuable insights into the public sentiment ahead of the 2024 general elections.

The survey, which aimed to understand the public’s perception of the incumbent government’s performance, with 61% of respondents expressing satisfaction with the current administration, under the leadership of Prime Minister Narendra Modi. Notably, 63% believe that the BJP/NDA alliance will emerge victorious in the upcoming general elections.

Key findings from the survey include

2024 Election Sentiments

• Three out of five respondents (64%) are in favor of PM Narendra Modi’s continuance as Prime Minister; 21.8 % of respondents are in favour of Rahul Gandhi
• Nearly two out of three respondents (63%) believe that the upcoming elections will be won by BJP/NDA alliance
• In Delhi, PM Modi is the leading candidate capturing 57.7% of the vote. Rahul Gandhi received 24.2% of the vote, while Yogi Adityanath received 13.7%.
• In Uttar Pradesh, PM Modi was the top choice for this year’s election, garnering 78.2% of the vote. Rahul Gandhi received 10% of the vote.
• In West Bengal, PM Modi emerged as the leading candidate, receiving 62.6% of the vote. Rahul Gandhi, received 19.6% of the vote, while Mamata Banerjee, the regional leader trailed at 14.8%
• In the southern states, the picture is more nuanced:
• In Tamil Nadu, Rahul Gandhi leads with 44.1% support, while PM Narendra Modi trails closely at 43.2%.
• However, Kerala appears to be a close contest, with PM Modi garnering 40.8% and Rahul Gandhi close behind at 40.5%
• In Telangana, PM Narendra Modi received 60.1% of the vote. Rahul Gandhi received 26.5% while N. Chandrababu Naidu trailed at 6.6%
• In Andhra Pradesh, PM Modi received 71.8% of the vote. Rahul Gandhi received 17.9% while N. Chandrababu Naidu trailed at 7.4%

Governance and Economic Progress

• Three-fifths (61%) of respondents have voiced their approval of the current administration’s performance, while 21% have expressed dissatisfaction
• Over half (53.3%) of respondents rate the PM Modi government’s economic management as ‘very good’, while 20.9% believe it ‘could be better’
• Six in every ten (60%) respondents have stated that they are ‘very happy’ with the country’s economic progress under PM Modi’s leadership
• In the West, East, and North regions, 63% of people are satisfied with the country’s economic progress. In the South, only 55% of people approve of it.
• Over half of the respondents (52.6%) have indicated profound satisfaction with the government’s vigorous anti-corruption measures under PM Modi’s leadership, while 28.1% have expressed dissatisfaction

Foreign Policy

• Nearly two-thirds of respondents (64%) have given a ‘very good’ rating to the PM Modi Government’s handling of foreign affairs, while 14.5% believe it ‘could be better’
• Crisis Handling:
• A substantial 63.6% has conveyed great happiness with the leadership provided by PM Modi in times of national emergency, while 20.5% have responded as ‘unhappy’ and 10.7% have stated ‘neutral’
• Welfare Initiatives:
• Over half of the respondents (53.8%) have expressed considerable contentment with the central government’s welfare initiatives, while 24.9% are unhappy

Methodology

• The comprehensive online survey conducted by DailyHunt with a questionnaire available in 11 languages, including English, Hindi, and key regional languages
• A diverse sample size of over 77 lakh participants across demographics
• Respondents were across various age groups (18-24, 25-34 and 35+ years) and across genders and professions
• Survey questions were designed to assess public perception of the incumbent government’s performance on like economic management, foreign policy, crisis handling, welfare initiatives and other aspects of governance

Navata Supply Chain Solutions Raises Pre-series A Round from Equanimity Ventures

30th July 2024  Hyderabad, Telangana, India  Navata Supply Chain Solutions, based in Hyderabad, announces successful closure of Pre-series A funding led by Equanimity Ventures. The funding will fuel Navata SCS’s mission to revolutionize India’s supply chain industry.

Founded by siblings Hima and Vineel Parvataneni in 2020, the company was born to solve the dire problems in the supply chain landscape. Owing to the fragmented nature of the ecosystem, supply chain costs are huge (supply chain cost is 14% of GDP ). Moreover, there is very little visibility both in terms of goods as well as cost.

This pressing problem was the driving force behind the establishment of Navata SCS. The company takes a holistic and customer-centric approach adding value to the entire supply chain from transportation, and warehousing to last-mile delivery. By bringing tech and data-driven solutions, they aim to modernize B2B logistics while providing real-time visibility at every step.

Hima Parvataneni, CEO, Navata Supply Chain Solutions, “Helping customers overcome the hardship of managing multiple vendors, Navata SCS offers a comprehensive, one-stop solution for all their supply chain needs. Our holistic approach is aimed at reducing overall supply chain costs and streamlining operations. Through our partnership with Equanimity Ventures, we aim to grow our last mile and warehousing solutions, to help more customers reach their customers at every corner of the country in a cost-effective manner.”

Key Achievements
Today, four years after its inception, Navata has impacted the supply chains of 100+ companies across industries like FMCG, Agro, Apparel, Electronics, and Pharma, bringing in significant cost savings.

NavataSCS is an expert in rural delivery. With their strategic hub network and the power of local vetted ecosystem partners, they provide the best lead times and cost-effective rural delivery.

By using AI/ML algorithms for route optimization coupled with combination delivery methods they have solved the painstaking problem of last mile for both urban and rural deliveries.

Vineel Parvataneni, COO, of Navata Supply Chain Solutions, “Over the past four years, we have developed and refined our operational models to ensure seamless deliveries even in rural areas. Through our partnership with Equanimity Ventures, we aim to expand our network across every nook and corner of the country, with a mission of empowering over 1 lakh plus MSME logistics vendors. This expansion will enable us to provide comprehensive supply chain solutions nationwide.”

The Future
Rajesh Sehgal, Managing Partner, Equanimity Ventures, “Navata is solving the biggest pain point of the industry which is last-mile delivery. With their deep network in rural areas and expertise in modern trade, they are here to be the partner of choice for many brands. Hima and Vineel are passionate about bringing in supply chain efficiencies and we are excited to partner with Navata in their growth story.”

The partnership with Equanimity Ventures empowers Navata to its next phase of growth, by expanding its network to every corner of the country and establishing a strength of over 1 lakh vetted and reliable vendors, even at the grassroots level. The company intends to continue developing its propriety software, NSCS One, by integrating supply chain data under a single umbrella and providing AI insights to optimize supply chains. NavataSCS aims to take its mission to more customers helping them make their supply chain a competitive advantage, rather than a cost center and fueling top-line growth.

Navata Supply Chain Solutions is an end-to-end supply chain company based out in Hyderabad. They provide tech-driven and customer-centric B2B logistics solutions, helping companies make their supply chain a competitive advantage.