23, Dec 2023
Wrap Up the Year with Modicare: The Ultimate Gifting Guide for New Year

Bengaluru, December 23rd, 2023: As the holiday season approaches, it’s time to gear up for a dazzling New Year! Amidst the joyous celebrations and festive cheer, why not elevate your beauty routine to match the spirit of the season? In this curated listicle, discover a collection of beauty must-haves that will not only make you sparkle, but also make you ready to welcome the New Year with radiant confidence.

With show-stopping products, let this guide with Modicare Limited’s fantastic range of items, be your go-to for unlocking the secrets to a festive and fabulous holiday look. Modicare’s Uban Color London offers a diverse collection of vibrant and colorful cosmetics to match your unique personality. Get ready to shine and make this New Year truly unforgettable!

Modicare’s Urban Color London Gold Collection

Modicare’s Urban Color London Gold Collection provides the perfect opportunity to radiate brilliance and make this holiday season unforgettable! Each product within the Gold Collection, from the striking Black Royalty Kajal to the array of 6 vivid Creme Lipcolors and 6 dazzling Matte Lipcolors, has been carefully crafted to encapsulate the essence of the season. Formulated in Italy, Paraben-Free, 100% Vegan, and Cruelty-Free, this limited edition collection ensures an enchanting look.

· Black Royalty Kajal serves as an eyeliner and eyeshadow, offering easy, high-definition applications. Its intensely rich black pigment and long-lasting, waterproof formula create dramatic, smouldering effects. Equipped with a built-in sharpener, it ensures precision at your fingertips.

· Crème Lipcolor features a luxurious formula with captivating shades that glide effortlessly. Enriched with nourishing Murumuru butter and Vitamin E, this lipcolor. Available in 6 long-lasting and vibrant shades, it’s the perfect choice for the season.

· Matte Lipcolor features an intense pigmented formula ensuring comfortable all-day wear.  it is enriched with nourishing Avocado oil for moisture retention and Beta-carotene for added luminosity. Available in 6 shades, it offers a lightweight, long-lasting, and richly pigmented finish.

Modicare Urban Color London Pro Brushes

Celebrate the magic of the holidays with this ultimate artistic toolkit by Modicare Limited for achieving flawless makeup looks for the holiday season. Crafted with precision and designed for perfection, the Urban Color London Pro Brushes include Pro-Eyeshadow Brush, Pro Eye Smudger Brush, Pro Blush Brush, Pro Contouring Brush, and Pro Crease Brush. Adorned with ultra-soft bristles carefully sourced to caress your skin with a gentle touch, these brushes ensure a seamless and flawless finish, enabling smoother blending and better coverage. Each brush is skilfully handcrafted to achieve precision in makeup application, enhancing makeup routines to perfection. These Pro Brushes are designed for easy product pickup, minimising makeup mess, and offering a hassle-free application process to save time and product.

Modicare’s Urban Color London Beauty Essentials:

This New Year, let Modicare’s Urban Color London be your festive beauty companion, offering a diverse collection of cosmetics to match the uniqueness of every personality. Whether someone is aiming for a natural blush, a luminous glow, or a flawless finish, these products are designed to help one look their best and confidently showcase their beauty during the celebrations.

· Matte & Glow Duo Blusher combines matte and metallic shades, offering an airbrushed, radiant glow and all-day comfort. Available in ‘Mysterious’ and ‘Secret’ variants, suitable for all skin tones, it ensures effortless application and blending.

· Ultimate Duo Highlighter offers effortless blending and a long-lasting, multi-dimensional glow. Crafted with pure pigments and pearls, this highlighter adapts flawlessly to all skin tones, providing customizable radiance. Priced at just MRP Rs.999/- (12g), it adds dimension to one’s features and is free from parabens, mineral oil, nano-ingredients, and D5, ensuring an elegant finish that enhances the natural beauty.

· Pro Fix 3-in-1 Palette delivers a flawless matte creme satin finish enriched with Squalane and jojoba oil for medium to high buildable coverage. Camouflage imperfections, highlight features, and suit all skin tones with Medium-Deep and Light-Medium options. This versatile palette is 100% Vegan, Cruelty-free, and dermatologically tested, ensuring a lightweight, long-lasting effect for a stunning complexion.

Modicare’s Urban Color London Pristine Dry Oil: The first multipurpose face oil by Urban Color London from Modicare is a skincare product inspired by the K-Beauty industry. This season, treat your skin to a luxurious experience with this revolutionary skincare product. A dry oil that quickly absorbs into the skin, locking in moisture while leaving the skin feeling light and non-sticky. Its unique complex creates a natural barrier and locks in the moisture needed by your skin, leaving it radiant, smooth, and energised. The super-effective ingredients keep your skin well-nourished with this 100% vegan, dermatologically tested, cruelty-free, and paraben-free oil.

Modicare’s Urban Color London Stardust Eyeshadow: Illuminate your eyes with these mesmerizing eyeshadows, available in 5 shades- Sparkle, Glitzy, Misty Star, Magic Touch, & Glam. Perfect for the vibrant spirit of New Year, the lightweight formula with its innovative gel texture glides on effortlessly and dries smoothly, locking in maximum sparkle with minimal fallout to create a real wow factor. The formula is buildable and easy to blend, so you can customize the intensity and wear it alone or as a topper for your eyeshadow as per your liking. Express yourself with these radiant shades, and let your eyes spread the shimmer this holiday season!

Modicare’s Urban Color London Irresistible Matte Lipcolor: A pure matte perfection created with pure matte powder pigments and botanical extracts, this lipstick boasts a soft, lightweight texture that feels incredibly comfortable all day long. This New Year’s, treat yourself to the enchantment of mischievous matte vibrancy that lasts up to 10 hours, offering you round-the-clock confidence. With just a single stroke, indulge in mischievous matte vibrancy and enjoy full coverage that stays put. But that’s not all! Our cruelty-free, dermatologically tested, 100% vegan, and paraben-free formula is infused with wild mango butter, providing more than just beauty. It repairs, protects, and hydrates your lips, ensuring hours of lip perfection. And the cherry on top? Infused with wild mango butter, it repairs, protects, and hydrates your lips, ensuring hours of lip perfection. Unlock the allure of irresistible matte beauty with Urban Color London’s Irresistible Matte Lipcolor.

Urban Color London Instant Radiance Illuminating Lotion: Wrap up the glam make-up look with a pop of shine, this New Year’s, gift your loved one glowy skin with the sheer luminising lotion by Modicare that adds a radiant glow to the skin by blending seamlessly into it. It is powered by pigments that reflect golden light and cover the skin in a delicate, golden glow. For a quick glow, use it by itself or in combination with makeup. The highly pigmented, 100% vegetarian, soft liquid highlighter. Suitable for all skin types, the lotion can be used alone or with a foundation and can be used to add that extra sparkle to their OOTD or OOTN!

All the products under the Modicare range are available across the country through Modicare Consultants.

23, Dec 2023
Airtel Xstream Play partners with aha Telugu and Tamil, enhances regional content portfolio

Chennai, December 23, 2023: Bharti Airtel (“Airtel”), India’s premier communications solutions provider, today, announced that Airtel Xstream Play, India’s fastest-growing OTT aggregator service with over five million paid subscribers, will now offer aha Tamil and Telugu to its subscribers.

aha OTT, a Joint venture between Allu Arvind’s Geeta Arts and My Home Group was launched in 2020 and is one of the fastest-growing regional OTT platforms in the country. aha provides a diverse array of original content, encompassing 750+ films and 40+ original shows besides talk shows and reality tv.

Commenting on the collaboration, Adarsh Nair, CEO – Airtel Digital, said, “We welcome team aha on to our platform and look forward to collaborating with them and taking their content across the length and breadth of India. Over the years, we have observed regional content gain prominence and transcend the barriers of language within India. aha’s addition will not just get the best in Tamil and Telugu content to the audiences in TN, AP and Telangana but also to discerning audiences elsewhere in the country. At Airtel Xstream Play, as the largest OTT aggregator in the country, we remain committed to being a trusted partner for OTT players and helping them solve for discovery, pricing and other challenges.”

Speaking about the partnership, Mr. Rakesh CK, Senior VP and Head-SVOD and Business Strategy of aha said, “We are pleased to unveil this strategic collaboration with Airtel Xstream, marking a significant stride in our ongoing mission to be in every Telugu and Tamil household. We hope that the partnership with Airtel Xstream will enhance our reach and impact, helping us tap into a broader audience. Together, we are committed to redefining the entertainment experience, ensuring that our exclusive content resonates profoundly with viewers.”

Airtel Xstream Play offers India’s largest bouquet of OTT content aggregated on a single app. Airtel subscribers can have access to premium content from partners such as Sony LIV, Lionsgate Play, Chaupal, Hoichoi, FanCode, ManoramaMax, ShemarooMe, Alt Balaji, Ultra, ErosNow, EPICon, Docubay, Playflix, etc. and can watch 40,000+ movie titles and shows from 20 content partners on the Airtel Xstream app with a minimum recharge.

23, Dec 2023
Medtronic launches Symplicity™ blood pressure procedure – a new horizon in managing patients with hypertension in India

Bengaluru, 23 Dec 2023: India Medtronic Private Limited, a wholly owned subsidiary of Medtronic plc (NYSE: MDT), announced the launch of the Symplicity™ Spyral renal denervation system (RDN) for treating high blood pressure. RDN is a minimally invasive therapy that targets nerves near the kidneys that can become overactive and cause high blood pressure. Medtronic recently announced the US Food and Drug Administration’s (FDA) approval of the system which is a culmination of ten years of clinical research and development, and the system has approval of the Indian regulatory authorities too.

RDN_Spyral_HandShot_122 Final

In India, nearly 1 in 4 adults have hypertension. Hypertension is the single largest contributor to cardiovascular death; it dramatically increases risk of heart attack, stroke, heart failure, and kidney failure. Unfortunately, hypertension often goes undiagnosed as it frequently exhibits no symptoms. Raising awareness about hypertension is crucial since it is a detectable, preventable and treatable condition.

The Symplicity SpyralTM blood pressure procedure has demonstrated clinical efficacy in reducing high blood pressure which can lower serious health risks[v]. It is a minimally invasive procedure that targets nerves near the kidneys that can become overactive and cause elevated blood pressure. After sedation, the doctor makes a small incision and inserts a very thin tube (catheter) into the artery leading to the kidney. The doctor then uses the catheter to calm the excessive activity of the nerves connected to the kidney. The tube is removed, leaving no implant behind.

Michael Blackwell, Vice President and Managing Director, Medtronic India said, “With the Symplicity blood pressure procedure, we aim to empower healthcare professionals and offer a comprehensive approach to managing uncontrolled hypertension that supports our patient-centered approach to care. The recently announced US FDA approval for the RDN system and an update earlier this year of the European Hypertension Society (ESH) guidelines, highlight the role of RDN as part of the hypertension care pathway. We are excited to offer this therapy to all eligible patients in India. As leaders in cardiovascular therapies, Medtronic remains committed to providing innovative solutions that improve patients’ lives.”

RDN_Symplicity_Spyral_

The Medtronic RDN program is backed by experience in more than 25,000 patients globally. It has also been studied in more than 4,000 patients in the presence and absence of medication, and in patients with high baseline cardiovascular risk, or with comorbidities. It has demonstrated significant and sustained reductions in blood pressure among patients with uncontrolled hypertension. Further, the procedure has been proven to be safe, with very low rates of adverse events.

Know the facts & talk to your doctor

Blood pressure is the force that circulating blood exerts against the walls of the arteries – and hypertension is when blood pressure is abnormally high. Hypertension is often called the “silent killer” because most people don’t know they have it. Although there may not be any warning signs or symptoms shown, some people report early morning headaches, nosebleeds, irregular heart rhythms and buzzing in the ears. Hypertension can significantly increase the risks of heart, brain, kidney, and other diseases and is a major cause of premature death. vi If you or someone you know is experiencing high or difficult to control blood pressure, consult with your doctor to learn more about the Symplicity™ procedure.

23, Dec 2023
Shaping Success in Real Estate: The Enduring Principles and Vision of Blitzkrieg Co

Mr. Pankaj Narang

In conversation with, Pankaj Narang, Founder & Director, Blitzkrieg Co.

In this insightful discussion, we delve into the core values shaping the company’s growth, its impactful contributions to community development, innovative marketing, adept handling of industry challenges, and the strategic foresight guiding its trajectory in the ever-evolving real estate landscape.

Can you provide insights into the founding principles of Blitzkrieg Co. and how they have guided the company’s growth and development over the years?

Values, transparency, and trust are the 3 core principles on which Blitzkrieg Co started. These core principles define us and guide us, transparency with our developer partners and customers a trusted relationship, and delivering values for both our developer partners and customers we have been very particular in timing up with developers who have the vision to deliver a quality product and similarly we help our customers to find their right home in our developer partner projects r association which developer is not a short term we are involved from concept to possession hand holding the developer and customer along the way. These principles have helped us to get the entire portfolio of our developer partners and drive 30% plus referral business.

In what ways has Blitzkrieg Co. contributed to the local community or urban development through its real estate projects?

We work with developers who are focused towards the development of community and improvement of micro-markets. However, the values that we bring into our undertakings are tangible and persistent. Like for instance, in Samarth Aura in Bhandup, the sales value we generated was huge. To ensure a good quality concrete road was established around the project (our developer partner made sure this), thereby creating a beneficial impact on our development and the general surrounding infrastructure as well.

Our resources recruiting policies encouraged to achieve their full potential has been a consistent action on our part. Our vision is clear: We grow when our team members grow. This is our collective desire and we must attain it.

Could you share an example of a real estate project where innovative marketing and sales strategies played a crucial role in achieving success?

As the world emerged from the pandemic, we took the opportunity to plan projects tailored to the changing lifestyles of our customers. Adapting to their evolving needs, we implemented the concept of ‘blissful living’ in one of our projects, Samarth Aura in Bhandup. The project features 60 amenities, and our marketing campaign highlighted ’60 Reasons for Blissful Living.’

In another project, our marketing strategy, ‘Rise Above the Ordinary,’ resonated well with the aspirations of the current middle class, proving successful in our Vikhroli project.

We also observed that while customers appreciate the projects, their financial understanding of home buying is still at an early stage in India. To address this, we created extensive and innovative financial offerings to assist customers in realizing their dream homes. These sales strategies have been instrumental in the success of all our projects.

Our sales approach follows a simple strategy, contributing to strong performance in the current market. From pre-sales to sales and post-sales, providing exceptional customer service has been the cornerstone of our strategy. This approach has not only helped us achieve impressive sales numbers but has also generated remarkable referral business, as customers appreciate our assistance in realizing their dream homes

Can you discuss any challenges or obstacles Blitzkrieg co. has encountered in the real estate market and how the company has overcome them?

The most significant challenge facing the real estate industry right now is acquiring the right resources for projects, which is crucial for project success. We have successfully overcome this challenge through our employee-friendly policies, placing people at the core of our business. By providing immense opportunities and assisting our employees in reaching their aspirations, we have seen individuals progress from starting as telecallers to becoming sales champions and closing managers. Our core principle is centered around employee-friendly policies, giving our team the space and trust to grow, and guiding them along the way, aligning with the core values we mentioned above.

What advice would you give to individuals or businesses looking to invest in real estate, considering the current market dynamics and trends?

Real Estate Hi Real Hai – real estate is a tangible asset that you can touch and feel. It has delivered amazing year-on-year returns, making it a continuously growing sector and a key driver for India’s journey to achieving its 5 trillion-dollar economy status.

For individuals or businesses looking to invest in real estate, here are a few crucial points to consider:

1. Due Diligence of Paperwork: With the advent of RERA, due diligence, including approvals and agreements, has become more streamlined. We also conduct our due diligence when partnering with developers.

2. Developer Legacy: Consider the developer’s past projects, delivery timelines, and the quality of construction. Investigate what existing customers say about them.

3. Micro Market Understanding: With evolving technology, one can analyze the transactions in a specific micro-market to make informed decisions about pricing for their dream home.

4. Engage a Reliable Broker: Find a good broker who can help you secure the right deal for your real estate investment.

Can you share your perspective on the importance of branding and brand identity in the real estate industry.

In real estate, having a strong brand and identity is like making a great first impression. It helps your business stand out, builds trust, and makes people remember you in a sea of options. Brand identity includes everything from your logo and colour scheme to the way you communicate and the values you emphasize. it’s about crafting a cohesive and appealing package that makes potential clients remember and choose you over others. In a competitive industry like real estate, a strong brand can be a game-changer, it’s about creating a consistent and positive image that sets you apart.

A positive brand has helped garner higher sale price in same micro market vis a vis competition, hence focussing on building brand should be taken very seriously by developers.

How does Blitzkrieg co. foster a culture of innovation and continuous improvement within the organization to stay competitive in the real estate market?

Blitzkrieg Co fosters innovation and continuous improvement by having sales and marketing advisors operate from project sites, gaining real insights from customer interactions. With a focus on being product-driven, the company emphasizes adapting to evolving needs and changing lifestyles. Flexibility is the key, demonstrated by the swift adoption of virtual tools during the pandemic. Continuous learning is a priority, as sales and marketing advisors stay agile, tech-savvy, and committed to ongoing improvement to remain relevant in the dynamic real estate industry. Every employee has the freedom to provide their inputs. These inputs are welcomed, assessed, and used to drive better business processes.

Looking ahead, what is the vision and long-term goal for Blitzkrieg co. in the evolving real estate landscape.

Our vision is to meet the short-term needs of developers, i.e., the sales of inventories, while concurrently working towards the long-term goal of creating a better brand for our developer partners committed to delivering quality products. We aim to be a one-stop solution for our developer partners and customers, all while staying rooted in our values.

22, Dec 2023
Perfect OTT Watches for a Lowkey Christmas

As the festive season approaches, what could be better than cozying up with a hot cup of cocoa and binge-watching some delightful shows on OTT platforms? This Christmas, we’ve curated a list of perfect lowkey watches to add warmth to your holiday season. Let’s dive into the magic of stories with these carefully selected gems for all the vibes.

School Friends – Amazon miniTV

Relive the magic of school days with “School Friends” on Amazon miniTV. Created by Rusk Media, this heartwarming series takes you on a nostalgic journey, navigating the twists and turns of life while cherishing the unbreakable bonds of friendship. Join a group of schoolmates as they share laughter, tears, and unforgettable moments. It’s a perfect show to indulge in with friends, reminiscing about the good old school days.

Ishq Next Door – Jio Cinema

“Ishq Next Door” on Jio Cinema and created by Rusk Studios is an Indian Hindi-language romantic drama that brings forth a simple and heartwarming love story. Starring Abhay Mahajan, Natasha Bharadwaj, and Mrinal Dutt, the series, directed by Akhilesh Vats, beautifully portrays relationships and personal growth. Transport yourself to the world of simpler times and experience the joy and excitement of falling in love the old-school way.

The Railway Men – Netflix

Set in the direct aftermath of the Bhopal gas tragedy, “The Railway Men” on Netflix showcases the valiant efforts of brave railway workers working selflessly to save lives. Though fiction feels intertwined in fact, the performances pull the show through, making it a compelling watch.

Guns & Gulaabs – Netflix

Welcome to the Raj & DK universe at its best with “Guns & Gulaabs” on Netflix. In the fictional town of Gulaabganj in the 90s, the zaniest of characters come together, driven by their own ambitions to give rise to a hilariously whacky thriller. Touching upon gender dynamics in a refreshing way and paying tribute to retro Bollywood, the show is brought to life by a stellar cast, making it a laughter-packed experience.

So, grab your blankets, settle into your favorite spot, and let the holiday binge-watching begin! Created by Rusk Studio, these shows promise to add a touch of magic to your Christmas celebrations.

22, Dec 2023
Celebrate Christmas Eve in Style at 3 Spices, DoubleTree by Hilton Pune

jed-owen-EgG6wcsjFtE-unsplash

  As the festive season approaches, 3 Spices at DoubleTree by Hilton Pune – Chinchwad is excited to announce a spectacular Christmas Eve Dinner on December 24th, 2023, promising an evening of indulgence and joy. Guests can indulge in a culinary feast showcasing an array of seasonal treats. With everything from classic roasts to delightful desserts, our menu aims to enchant taste buds and enhance the festive atmosphere. This includes a variety like Turkey, Sushi, Ramen,  live barbecue, and interactive Chaat stations Adding to the ambiance, live music performances will serenade our guests throughout the evening, creating a melodious backdrop for an enchanting celebration. Additionally welcome drink will be served ensuring that every toast resonates with the joy of the season Join us at 3 Spices, DoubleTree by Hilton Pune- Chinchwad, as we embrace the spirit of Christmas Eve with a lavish spread, live music, and festive cheer. Reserve your table now and make this holiday season one to remember.

 

christmas eve 5

 

22, Dec 2023
JioCinema and Jeevansathi join hands to unleash the power of love with ‘Saath By Chance’

22nd December, 2023, Mumbai, India: Viacom18 and India’s ultimate entertainment destination, JioCinema, partners with Jeevansathi.com, a trailblazer in the matchmaking industry, to delight its viewers with ‘Saath By Chance’. Streaming now on JioCinema, the 3 episodic anthology series weaves the magic of love with inspiration drawn from real-life success stories of Jeevansathi couples.

Celebrating Jeevansathi’s 25 years of matchmaking excellence, ‘Saath By Chance’ promises to be a heartwarming journey of real-life love stories that found their origin on Jeevansathi.com platform. From chance encounters to enduring connections, the show spotlights the authenticity and beauty of love, commitment, and the remarkable journey of finding one’s soulmate. In addition to the captivating narratives, ‘Saath By Chance’ underscores the significance of quality conversations, understanding, and open dialogue, a core aspect of Jeevansathi.com’s ethos.

Creative - Saath By Chance

Speaking on the association, a JioCinema spokesperson said, “At JioCinema, our commitment is to curate content that is not just entertaining but also innovative and compelling. ‘Saath By Chance’ is a testament to this dedication, as it unfolds a narrative that celebrates the magic of love in a truly unique way. In partnering with Jeevansathi.com, we aim to create a seamless blend of entertainment and connection, resonating with our audiences on a deeper level. Our collaboration further represents our ongoing pursuit to bring stories that directly touch the hearts of our viewers. We look forward to fostering more such partnerships and continuing to provide our audience with captivating content that transcends boundaries and brings people together in the spirit of love and storytelling.”

Speaking on the association, Himani Bahuguna, EVP & Head of Marketing at Jeevansathi.com, said, “Jeevansathi.com has always stood for creating meaningful connections, and ‘Saath By Chance’ is a testament to the incredible stories that have unfolded on our platform over the past 25 years. Each episode will bring to life the genuine, heartwarming narratives of couples who discovered love through Jeevansathi.com’s superior matching algorithms.”

Streaming now on JioCinema, ‘Saath By Chance’ promises to be a binge-worthy experience, offering a blend of romance, emotion, and authenticity.

22, Dec 2023
Erisha Agritech joins forces with South Korea’s Hyundai Agricultural Machinery for revolutionary harvesting solutions in India

New Delhi, 22st December 2023 – Erisha Agritech Private Limited, a leading agricultural technology company has announced the signing of a Memorandum of Understanding (MOU) with Hyundai Agricultural Machinery, a pioneer in Korea’s R&D-driven agricultural machinery. This historic collaboration aims to introduce innovative harvesting solutions for key crops such as Onion, Potato, Ginger, Garlic, and Cabbage in India through a joint venture manufacturing initiative.

agritech

The MOU signing ceremony marked a pivotal moment in the agricultural sector as these two companies united to revolutionize the harvesting landscape in India. The strategic partnership combines Erisha Agritech’s expertise in agricultural technology and Hyundai Agricultural’s cutting-edge machinery to address the evolving needs of Indian farmers.

Announcing the partnership, Dr. Darshan Rana, Chairman, and Managing Director of Erisha Agritech Private Limited said, “This collaboration with Hyundai Agricultural Machinery is a significant stride in our mission to empower Indian farmers with innovative solutions. Together, we will reshape the landscape of agricultural machinery in India, ensuring sustainable and efficient practices.”

Key Highlights of the Partnership:

1. Innovative Harvesting Solutions: The joint venture will focus on the development and manufacturing of state-of-the-art harvesters specifically designed for Onion, Potato, Ginger, Garlic, and Cabbage crops. These innovative solutions aim to enhance efficiency, reduce labour costs, and improve overall yield for farmers across India.

2. Technology Integration: Erisha Agritech’s advanced agricultural technologies, coupled with Hyundai Agricultural’s engineering excellence, will be seamlessly integrated into the new line of harvesters. This synergy will result in precision farming solutions that optimize resource utilization and promote sustainable agriculture practices.

22, Dec 2023
WazirX Adds 6 Lakh New Users, Closes The Year With Over 1 Billion User Volume in 2023

~Highlights from the year include Ripple’s victory over SEC and its impact on TRON, the Bitcoin ETF application, and the Dogecoin comeback~

~Bitcoin and Shiba Inu remained the top tokens by volume on the crypto exchange~

~Millennials and Gen Z lead in terms of trading volumes, with significant participation from Baby Boomers~

~Women traded 22% of total volumes, and surpassed Men in transactions across Haryana and West Bengal~

Mumbai, 22st December 2023: WazirX, India’s leading crypto exchange, announced the launch of its annual trading activities report for the year 2023, revealing intriguing insights on user growth, digital asset ownership, and reflections on the various major global events shaping the cryptocurrency market. The report highlights include analysis of WazirX’s growing user base and evolving demographics, reaching a volume of 1 billion users by 30th November; and detailed documentation of the monthly activities impacting the trade of the top tokens across cryptocurrency exchanges.

WazirX Logo

Crypto Market Overview

WazirX witnessed an impressive addition of an estimated six lakh new users on its crypto exchange platform. Analysis derived on metrics such as age, location, traded tokens, volumes, and more were included. User behaviour insights revealed that the top tokens traded on WazirX’s exchange were Bitcoin (BTC), Shiba Inu (SHIB), Ripple (XRP), Ethereum (ETH), and Polygon (MATIC). Trends and patterns observed from previous years indicate users’ affinity towards Shiba Inu, which, along with Bitcoin, emerged as a top performing token on WazirX’s exchange. The report also remarks that despite relatively less active market conditions, users continue to consistently engage with tokens. Reflecting on the trades on global crypto exchanges along with its platform, the report suggests that market fear, uncertainty, doubt, and social media play key roles in shaping the crypto market sentiment.

Speaking on the crypto landscape, Rajagopal Menon,Vice President, WazirX said, “With the advent of decentralized systems and maturing blockchain technologies, cryptocurrencies are set to evolve beyond speculative assets, becoming integrated within supply chain management, healthcare, and digital identity verification. Across the world, there is a growing recognition for digital fiat currencies, and CBCDs are set to garner significant attention and adoption. Asset tokenisation is positioned to become a prominent trend, as we witness real-world assets and art transition onto blockchain platforms, moving towards fractional ownership and the democratisation of investment opportunities for a broader audience. User experiences across Web3 technologies will witness a revolution in 2024, and the Bitcoin halving signals a bull market in coming times.”

User Insights

Insights from the report revealed that Uttar Pradesh, Maharashtra, Tamil Nadu, Gujarat and Haryana were among the Indian states with the highest number of traders, whereas the states with the highest trading volumes are Tamil Nadu, Uttar Pradesh, Maharashtra, West Bengal and Haryana. For the top tokens on the exchange, the highest number of traders belonged to the age group of 26-40 years. Women constituted 22% of the total trading volume on the platform, and women aged between 21-40 years made up 83% of the total volume traded by all women users. In the case of men, the age bracket of 21-40 years constituted 76% of all men users on the platform. Interestingly, women surpassed men in the total number of transactions across Haryana and West Bengal.

Market Highlights From 2023

WazirX’s annual report uncovers the ongoings of the global crypto market, including insights on popular tokens such as GALA, Polygon, Gifto, Ripple, among others. With partnership announcements with Dwayne Johnson and Mark Wahlberg, along with revision of tokenomics to reduce high costs, GALA emerged as the 4th largest token by volume for the month of January. Polygon ascended as the second token with the largest user base in February, and Gifto witnessed a 2600% increase overnight causing a frenzy among traders. The report further details the ongoing events of the rest of the months, dwelling on specific events related to popular tokens such as the application Ethereum futures ETFs, Bitcoin ETF application, Ripple’s victory over the SEC, Elon Musk’s impact on the crypto industry, and more.

“The new year is poised for the evolution of crypto, which is set to become an integral component of our global financial and technological landscape. The interplay of CBDCs, asset tokenisation, enhanced Web3 experiences, and Bitcoin’s halving sets the stage for a dynamic and transformative year in the crypto sphere,” added Rajagopal Menon from WazirX.

WazirX and TaxNodes collaborated in 2023 to leverage service innovation and assist the platform’s users to file their taxes error-free and seamlessly, while noting the continued concern over high tax rates prevalent in the country.

22, Dec 2023
Space World Group Launches Their Next Venture, Constl – A Visionary Digital Network Infrastructure Service, After Brookfield-Backed Invit Acquires STIPL (Space Teleinfra Pvt. Ltd.)

Launch of Constl ushers a new era in optical fiber-based digital infrastructure
Sole purpose is to provide world class digital infrastructure services connecting people, businesses and communities across the globe
Launches their technologically advanced DIaaS platform
c. 2,000 kms of fiber network roll-out started and significant capacity will be online in H1 CY2024

New Delhi, December 22th 2023: In a bold leap towards the future, Space World group today announced the launch of Constl, a cutting-edge venture established in 2023. Focused on realizing an enduring vision, Constl is committed to providing world-class digital infrastructure solutions specifically tailored to connect people, businesses, and communities across the globe.

The launch comes in the backdrop of a landmark move in 2021 that proved to be a defining year for Space World Group as Brookfield-sponsored Tower Infrastructure Trust (Tower InvIT) successfully acquired Space Teleinfra Pvt Ltd (STIPL), valuing the acquisition at an impressive 150 million USD.

Embark on a Visionary Journey with Constl and empowering Digital Connectivity
In the wake of India’s rapid digital transformation, Constl is poised to empower businesses with comprehensive nationwide coverage, offering business critical connectivity infrastructure. Currently in India, there is scarcity of good quality fiber as current fiber is built for access for dedicated customer set. There is a need for high-capacity and reliable network infrastructure which is flexible & scalable as per customer needs. In alignment with the national objective of achieving Digital India, Constl is committed to empowering businesses with seamless and robust digital connectivity. The venture envisions providing unparalleled network infrastructure, facilitating top-notch data connectivity to propel businesses forward in the digital era.

Services Offered

Mr._Ankit_Goel__Founder___Chairman__Space_World_Group_and_Mr._Radhey_Sharma__Co-Founder___Director__Space_World_Group_at_the_Constl_Launch

 Mr. Ankit Goel, Founder & Chairman of Space World Group stated, “Constl’s primary goal is to provide services that set the industry standard, aiming to stand out prominently among its peers. We want to give the flexibility of bandwidth specification, consumption model & scale at user convenience to our customers and business partners.”

Key Offerings
The key services that they offer include on-demand services with ~100% uptime & low latency, configuration of paths and automated purchase of connectivity services. They also specialise in connecting key digital hubs and own their dedicated fiber network that provides for better control, quality, scalability & predictability of services.

Among other offerings they also provide dark fiber, private lines, low latency connectivity solutions, CLS black-haul and cloud interconnect services. However, the most ground-breaking of all is their DIaaS (Digital Infrastructure as a Service) platform. With its engaging interface for handling all kinds of networking requirements, a customer-centric UI/UX providing transparency, control, analytics, speedy delivery of services, it is a unique platform that will give control to businesses. It is the only neutral platform in the market with its own high-end fiber assets; enabling it to provide best-in- class service to Telcos, OTTs, ISPs, Data Centers, government projects & more.

Radhey R Sharma, Co-Founder & Director of Space World Group talks of continued growth and connectivity excellence stating, “As a part of the Space World Group, Constl aligns itself with the group’s commitment to create a scalable, seamless, and unparalleled digital infrastructure. With its launch, we aim to solve the reliability, latency and scalability issues for our customers and business partners. The need for a reliable fiber connectivity infrastructure will now be more than ever owing to the evolution of generative AI models, Data Center expansions and 5G network rollouts. Constl plans to be the largest neutral optical fiber network player in the country inspired to simplify the connectivity business.”

Looking Ahead: A Connected Tomorrow
With the establishment of Constl, Space World Group positions itself at the forefront of the services offered to the telecommunications industry, shaping the future of connectivity in India. The Group continues to charter its course towards excellence, innovation, reliability, seamless customer experiences and a steadfast commitment to advancing digital connectivity infrastructure nationwide.

Timing is everything
Constl will be one of the largest digital connectivity infrastructure platform of India and has a capex plan of USD 500 mn. The data growth story being very promising in India, building a right platform at the right time becomes imperative. For the purpose, the business plan needs c. USD 500 mn. Space World Group is infusing initial capital in Constl for dark fiber roll-out and active infrastructure.

SpaceWorld has already started the roll out for c. 2,000 kms of fiber network in select Metro cities and National Long-Distance lines and significant capacity will be online by H1 CY2024. Also, they have made a significant progress towards the network interface readiness and started procurement of active network equipment. The company is getting an exceptional interest from the potential customers for the current roll-out and is working closely with their technology planning teams for route mapping.