12, Feb 2024
Landeed launches India’s First AI Property Analyzer, Revolutionizing Property Technology Landscape
National, 12th February: Landeed, a leading prop-tech startup dedicated to revolutionizing the property technology landscape announces the launch of India’s first AI Property analyzer feature. Currently in beta, the AI Property Analyzer represents a groundbreaking advancement in the analysis and understanding of property titles, poised to redefine the Indian real estate market.
The AI Property Analyzer furnishes the complete ownership history of properties, encompassing details from the initial owner to the most recent one, including any transactions or encumbrances that have occurred. It delivers a clear and concise title flow efficiently. The model is trained to comprehend legal understanding within Indian property documents.
Landeed is dedicated to enhancing accessibility in property title management, particularly for brokers, landlords, and landowners. Through its innovative approach, Landeed enables users to effortlessly retrieve various property documents, including Encumbrance Certificates, 7/12 records, Records of Rights (RoR), and more, within minutes. The newly introduced AI analyzer takes this convenience to the next level, automating document analysis and streamlining the extraction of relevant information in a clear and organized manner. This transformative feature allows users to navigate complex property documents with ease, saving time and reducing the risk of errors.
Sanjay Mandava, Founder & CEO of Landeed, expressed enthusiasm about the groundbreaking technology, stating, “We are thrilled to introduce India’s first AI Property Analyzer, a testament to Landeed’s commitment to innovation and excellence in the real estate technology space. By providing users with cutting-edge tools like this, we aim to empower them to make informed decisions and navigate the real estate market with confidence.”
This initial release is designed to gather valuable user feedback for continuous improvement and refinement of the feature based on user insights. Users are invited to experience the seamless integration of advanced technology with property title management, contributing feedback on the AI Property Analyzer to ensure it meets the evolving needs of the real estate market.
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- By Rabindra
12, Feb 2024
Dynatrace Releases OpenPipeline for its Analytics and Automation Platform
INDIA, February 12th, 2024 –Dynatrace (NYSE: DT), the leader in unified observability and security, today announced the launch of OpenPipelineâ, a new core technology that provides customers with a single pipeline to manage petabyte-scale data ingestion into the Dynatrace® platform to fuel secure and cost-effective analytics, AI, and automation.
Dynatrace OpenPipeline empowers business, development, security, and operations teams with full visibility into and control of the data they are ingesting into the Dynatrace platform while preserving the context of the data and the cloud ecosystems where they originate. Additionally, it evaluates data streams five to ten times faster than legacy technologies.As a result, organizations can better manage the ever-increasing volume and variety of data emanating from their hybrid and multi cloud environments and empower more teams to access the Dynatrace platform’s AI-powered answers and automations without requiring additional tools.
“Data is the lifeblood of our business. It contains valuable insights and enables automation that frees our teams from low-value tasks,” said Alex Hibbitt, Engineering Director, SRE and Fulfillment, albelli-Photobox Group. “However, we face challenges in managing our data pipelines securely and cost effectively. Adding OpenPipeline to Dynatrace extends the value of the platform. It enables us to manage data from a broad spectrum of sources alongside real-time data collected natively in Dynatrace, all in one single platform, allowing us to make better-informed decisions.”
According to Gartner®, “Modern workloads generate increasing volumes—hundreds of terabytes and even petabytes each day—of telemetry originating from a variety of sources. This threatens to overwhelm the operators responsible for availability, performance, and security. The cost and complexity associated with managing this data can be more than $10 million per year in large enterprises.”
Creating a unified pipeline to manage this data is challenging due to the complexity of modern cloud architectures. This complexity and the proliferation of monitoring and analytics tools within organizations can strain budgets. At the same time, organizations need to comply with security and privacy standards, such as GDPR and HIPAA, in relation to their data pipelines, analytics, and automations. Despite these challenges, stakeholders across organizations are seeking more data-driven insights and automation to make better decisions, improve productivity, and reduce costs. Therefore, they require clear visibility and control over their data while managing costs and maximizing the value of their existing data analytics and automation solutions.
Dynatrace OpenPipeline works with other core Dynatrace platform technologies, including the Grail™ data lakehouse, Smartscape® topology, and Davis® hypermodal AI, to address these challenges by delivering the following benefits:
· Petabyte scale data analytics: Leverages patent-pending stream processing algorithms to achieve significantly increased data throughputs at petabyte scale.
· Unified data ingest: Enables teams to ingest and route observability, security, and business events data–including dedicated Quality of Service (QoS) for business events–from any source and in any format, such asDynatrace® OneAgent, Dynatrace APIs, and OpenTelemetry, with customizable retention times for individual use cases.
· Real-time data analytics on ingest: Allows teams to convert unstructured data into structured and usable formats at the point of ingest—for example, transforming raw data into time series or metrics data and creating business events from log lines.
· Full data context: Enriches and retains the context of heterogeneous data points—including metrics, traces, logs, user behavior, business events, vulnerabilities, threats, lifecycle events, and many others—reflecting the diverse parts of the cloud ecosystem where they originated.
· Controls for data privacy and security: Gives users control over which data they analyze, store, or exclude from analytics and includes fully customizable security and privacy controls, such as automatic and role-based PII masking, to help meet customers’ specific needs and regulatory requirements
· Cost-effective data management: Helps teams avoid ingesting duplicate data and reduces storage needs by transforming data into usable formats—for example, from XML to JSON—and enabling teams to remove unnecessary fields without losing any insights, context, or analytics flexibility.
“OpenPipeline is a powerful addition to the Dynatrace platform,” said Bernd Greifeneder, CTO at Dynatrace. “It enriches, converges, and contextualizes heterogeneous observability, security, and business data, providing unified analytics for these data and the services they represent. As with the Grail data lakehouse, we architected OpenPipeline for petabyte-scale analytics. It works with Dynatrace’s Davis hypermodel AI to extract meaningful insights from data, fueling robust analytics and trustworthy automation. Based on our internal testing, we believe OpenPipelinepowered by Davis AI will allow our customers to evaluate data streams five to ten times faster than legacy technologies. We also believe that converging and contextualizing data within Dynatrace makes regulatory compliance and audits easier while empowering more teams within organizations to gain immediate visibility into the performance and security of their digital services.”
Dynatrace OpenPipeline is expected to be generally available for all Dynatrace SaaS customers within 90 days of this announcement, starting with support for logs, metrics, and business events. Support for additional data types will follow. Visit the Dynatrace OpenPipeline blog for more information.
10, Feb 2024
Honda Motorcycle and Scooter India expands its Road Safety Awareness
Bidar,10th Feb,2024: Ensuring road safety is the topmost priority of HMSI. To promote responsible behavior on the roads and to aid in creating a more conscientious and safety-oriented society, the company frequently conducts Road Safety Awareness Campaigns across various regions of the country. HMSI firmly believes that such campaigns encourage individuals to adopt safe driving practices, fostering a culture of caution and consideration on the roads. One such campaign was recently held in the city of Bidar which left an indelible mark on the participants. On the premises of Kendriya Vidyalaya and Air Force School, HMSI saw an enthusiastic participation of more than 2000 school students and staff members.
HMSI firmly believes that imparting road safety awareness at an early age is imperative, and thus, promotes the inclusion of road safety educational curricula at both school and college levels. Understanding that young minds are receptive to learning, the company aims to empower the next generation with the knowledge and skills necessary for navigating roads responsibly. The road safety awareness campaign consists of highly interactive and engaging activities such as Road Safety Games, Safe Road Theory Sessions, Road Signage, and Riding posture training.
Since its inception, in the state of Karnataka, HMSI has imparted education to nearly 5 lakh adults and children, focusing on promoting responsible road usage and cultivating safe riding habits.
Honda Motorcycle & Scooter India’s CSR Commitment towards Road Safety:
In 2021, Honda globally made a vision statement for the year 2050 where it will strive for zero traffic collision fatalities involving Honda motorcycles and automobiles. In India, HMSI is working in line with this vision and the Government of India’s direction of reducing fatalities to half by 2030.
One critical aspect of achieving this goal is inculcating a positive mindset towards road safety in our children by the year 2030 and continuing to educate them thereafter. Road safety education at schools and Colleges is not only to create awareness but to inculcate a safety culture in young minds and turn them into safety ambassadors. It empowers future generations to become responsible and significantly contribute to a safer society.
HMSI wants to be a company that Society wants to exist and is strongly focusing on Road safety awareness to all sections of society with unique ideas catering to each segment from school kids to Corporations and society at large.
HMSI’s set of skilled safety instructors conducts daily programs at our 10 adopted traffic training parks (TTP) across India and 6 Safety Driving Education Centers (SDEC) to make road safety education accessible to every part of society, and the initiative has already reached over 5.7 million Indians. H MSI’s National Road Safety Awareness program made learning fun yet scientific through:
SCIENTIFICALLY DEVISED LEARNING MODULE: Honda’s skilled instructors set the foundation with theory sessions on road signs & markings, driver’s duties on the road, riding gear & posture explanation, and safe riding etiquette.
1. PRACTICAL LEARNING: A special training activity on Honda’s virtual riding simulator was executed for all to experience over 100 possible dangers on the road before actual riding.
2. INTERACTIVE SESSION: Participants were given danger prediction training known as Kiken Yosoku Training (KYT) which helps in enhancing rider/driver’s sensitivity to danger and ensures safe driving behavior on roads.
3. EXISTING DRIVERS HONING RIDING SKILLS: Students & school staff members who are already existing riders tested & honed their riding skills through slow riding activities and riding on narrow planks.
10, Feb 2024
Internshala signs MoU with IIT Madras Pravartak
10th February 2024, New Delhi: The career-tech platform, Internshala has signed an MoU with the IITM Pravartak Technologies Foundation. Under this partnership, both the organisations will offer co-branded skill trainings in a few hot in-demand tech skills including Ethical Hacking, Advanced Excel, Data Science, Machine Learning, SQL for Data Analytics, Business Analytics, VLSI Design, and MATLAB to the students. These will be 6-8 weeks long training programs offered through Internshala’s skilling engine, Internshala Trainings.
As a part of the agreement, Internshala will also provide internship placement assistance to the students of IITM Pravartak and IIT Madras. The platform will provide a wide range of internship opportunities. Additionally, on completion of the traininings, the learners will get a co-branded certificate by Internshala Trainings and IITM Paavartak.
On partnering with IITM Pravartak Technologies Foundation, the founder and CEO of Internshala, Sarvesh Agrawal said, “Being an alumnus of the esteemed IIT-Madras, I am truly elated that Internshala and IITM Pravartak have joined hands to offer skilling opportunities to Indian youth. Internshala is honoured to assist the students of IIT-M with much necessary placement assistance for internship and job opportunities.”
“In today’s age of rapidly advancing technology, skilling has become the need of the hour. Owing to this need and to make the Indian youth future-ready, Internshala has been constantly striving to bring well- designed training programs with up-to-date content in hot in-demand skills. With real-time access to industry requirements through our internship and job platform, we are able to bring out training programs which are aligned with industry needs.”
Further, Prof. V.Kamakoti, Director of IIT Madras, says, “With our Nation aiming to move fast toward a US 5-trillion-dollar economy, it is important that such job oriented skill development courses are offered jointly by premier institution like us with Internshala, to help the students bridge the gap between academia and industry. We look forward to more and more such opportunities with Internshala”.
10, Feb 2024
LoanTap’s technology division
Mumbai, 10th February 2024
Loan Tap’s technology division, LTFLoW Partners with The Cosmos Co-op Bank Ltd. for Innovative Web-based Acquisition Platform for Retail Loan Products ~This launch will help LoanTap expand its presence in the Urban Co-operative Bank Segment~ Pune, 7th Feb 2024: Leading digital lending platform Loan Tap’s technology division, LTFLoW, has announced the successful implementation of its digital journey for retail loans at The Cosmos Co-op Bank Ltd., helping in accelerating their digital transformation. Having previously helped the Bank of Maharashtra enhance the digital transformation of its loan products, LTFLoW’s digital solutions will cover Cosmos Co-op Bank’s five loan products, including Home Loans, Auto Loans, Personal Loans, Loan Against Property, and Consumer Durable Loans.
LTFLoW has developed and deployed a web-based customer acquisition platform for these loans, in addition to a multi-level admin panel to view and track all applications branch-wise.
Cosmos Co-op Bank’s commitment to embrace digital advancements has allowed us to enrich its digital transformation. It will allow the customers to apply for loans online through the Bank’s website, eliminating the need to visit any branch, and the platform will provide digital lead generation for various retail loans. LTFLoW has developed an acquisition module for the Bank, enhancing the digitization of their lending process. This will also help Cosmos Co-op Bank to serve new customers in addition to those who already have an account with them. Additionally, BRE (Business Rule) in the backend will enhance the capability to In-principally approve or reject the application, and the multifunctional admin portal at all levels will improve application tracking.
This move will not only benefit Cosmos Co-op Bank but also allow LTFLoW to help other co-operative and small finance banks embrace digital transformation. This partnership will help LTFLoW generate revenue and onboard more co-operative and small finance banks. Currently, there are 1,853 urban cooperative banks in India plus many rural cooperative banks, and at least 30% of these would like to go digital.
“We are proud to be in this partnership with Cosmos Co-op Bank. We believe in its leadership and are confident that this partnership will help us grow as well. We aim to enable co-operative banks to lend digitally and generate revenue while also helping them onboard more customers.” said Gautam Sinha, CEO of LTFLoW.
“Cosmos Bank is positive about acquiring New customers and loan leads using this Web-based Acquisition Platform. It is a great partnership start with LTFLoW and we are looking forward to continuing this relationship in the future as well,” said Arti Dhole, CITO of the Cosmos Co-op Bank.
9, Feb 2024
Highlights from Great Place To Work’s For All Summit 2024
National, February 09, 2024: Great Place To Work® India, hosted its highly anticipated “For AllTM Summit 2024”, a pinnacle event in the realm of workplace culture. With an impressive turnout of over 600 participants including CEOs, CHROs, and professionals from diverse backgrounds spanning 20+ industries, the summit focused on cultivating a High-Trust, High-Performance Culture within organizations.
Featuring a lineup of more than 25 distinguished speakers, the summit provided a platform for insightful discussions on prevailing workplace dynamics. Topics ranged from strategies for nurturing human-centric cultures to employer branding, the science of people management, and optimizing human potential in the context of a hybrid work environment. Notable speakers included luminaries such as Amitabh Kant, G20 Sherpa, Government of India; Keshav Suri, Executive Director, The Lalit Suri Hospitality Group; Dr. Sandhya Chintala, VP, NASSCOM; and PV Sindhu, Indian Badminton Player and World Champion, and more, each offering unique perspectives on shaping the future of work.
Yeshasvini Ramaswamy, Serial Entrepreneur & CEO of Great Place To Work®, India. said “For Great Place To Work® India, the Annual For All™ Summit 2024 marks a powerful beginning in our journey toward fostering a High-Trust, High-Performance Culture for workplaces across India. Collaborating with global leaders, and with the geo political climate that surrounds us, we are poised to put into work the transformative potential of the 3T’s – Talent, Technology, and Trust – within workplace dynamics.
The Indian economy has undergone a remarkable transformation in the last decade, and the recent interim budget echoes a strategic continuation of this trajectory. With a focus on GDP – Governance, Development, and Performance, the government’s commitment to economic growth, well-being, and progress is evident. The optimistic projection of the Indian economy becoming the third-largest globally, reaching a GDP of $5 trillion, is indeed a promising outlook, signaling unprecedented growth in the coming years.
At Great Place To Work, our unwavering commitment to the For All™ philosophy fuels our endeavors. Our 2023 research across 2000+ organizations representing 5 million employee voices reveals it to be a year marked by Sustainability, Pride, and Fairness amidst rapid technological adoption. Best Workplaces™ not only excel in compensation but also set examples by fostering inclusive environments where diversity is integral, equity is an expectation, and every individual’s presence is valued.
As India positions itself globally, workplace transformations reverberate beyond borders. Upcoming GCC setups amplify anticipation, providing platforms for India to showcase economic prowess, technological transformation, inclusive development, innovation focus, and impactful workplace cultures.
Introducing the First Ever Workplace Culture App by Great Place To Work India – For All Community India marks a significant leap for us. It offers a platform to learn from global thought leaders and access best practices, exclusive case studies, and insights from our finest research reports, fostering a collaborative community for continuous improvement.
As stewards of a greater purpose, we recognize the significance of social sustenance. Our commitment extends beyond profits, encompassing respect for human rights, well-being, and inclusive growth. Through EACH ONE GET ONE, we invite India Inc. leaders to nominate and sponsor an NGO for our culture assessment program, amplifying our collective impact on societal well-being.
To the business leaders of India Inc., your resilience in adopting innovative tech-led hybrid environments has been crucial. On behalf of Great Place To Work India, I extend sincere gratitude for your participation in the For All Summit, making it a huge success. I am confident that the discussions, insights, and ideas shared will leave a lasting impact on our collective journey towards a more inclusive and equitable future.”
A highlight of the event was the unveiling of a comprehensive report titled “Key Insights Defining Workplace Culture in 2023.”Key takeaways from the report shed light on the significant potential for enhancing workplace culture across various industries. While the education sector emerged with promising trust levels, the biotechnology and pharmaceuticals industry were identified as needing improvement in this regard. Moreover, the importance of fair compensation, equitable treatment, and a conducive work environment was underscored, with statistics indicating a significant correlation between these factors and organizational greatness.
A notable trend highlighted in the report was India’s transition into an onshore manufacturing hub, driven by robust domestic demand and increasing global reliance on the sector. Projections suggest a threefold rise in demand by 2031, accompanied by an 11.6% compound annual growth rate in exports over the next decade.
During his session on Made in India, Mr. Amitabh Kant, G20 Sherpa for the Government of India, delved into the remarkably robust and resilient growth story of Indian businesses.
Mr. Kant emphasized,” To stimulate significant job creation and sustainable growth, India’s manufacturing sector requires strategic development. This necessitates a multifaceted approach that not only focuses on industrial expansion but also addresses the imperative of enhancing agricultural productivity and fostering sustainable urbanization. Given India’s demographic trends, with a substantial migration from rural to urban areas projected over the next five decades, estimated at 20 Indians per minute, or 30 Indians per minute in some regions such as Mumbai, sustainable urbanization becomes paramount. With an anticipated 500 million Indians transitioning to urban environments, it is imperative that this urbanization is carefully planned and executed to ensure its sustainability.
This planned urbanization must encompass infrastructure development, efficient resource management, and the creation of livable spaces to accommodate the influx of people.
Furthermore, to catalyze economic growth and alleviate the pressure on the agricultural sector, a concerted effort is needed to facilitate the transition of rural populations into the manufacturing workforce. This entails investing in skill development, providing incentives for industrialization in rural areas, and fostering entrepreneurship to create employment opportunities beyond agriculture.
By strategically integrating manufacturing expansion, enhanced agricultural productivity, and sustainable urbanization initiatives, India can unlock its full economic potential while ensuring equitable development and environmental stewardship. This holistic approach is essential for fostering inclusive growth and meeting the evolving needs of India’s burgeoning population.”
The report also explored despite strides in ensuring physical safety in workplaces, challenges persist in areas such as psychological safety, flexibility, and fostering innovation. While most employees perceive their workplaces as physically safe, a notable percentage express concerns about psychological and emotional safety. Additionally, there has been a slight decline in the perception of innovation opportunities since 2022, indicating a need for renewed focus in this area. Also the report has highlighted experience of millennials varies significantly across industries, highlighting the importance of tailoring culture initiatives to specific contexts.
One of the overarching themes discussed was the importance of redefining women’s success in the workplace by fostering environments that support their growth and value their contributions. Strategies for creating great workplaces included expanding the talent pool through greater diversity and inclusivity, leveraging women’s influence to foster a supportive culture, and revolutionizing problem-solving approaches.
Overall, the For All Summit 2024 provided a platform for meaningful dialogue and actionable insights aimed at driving positive change in workplace culture, ultimately paving the way for more inclusive, high-performing organizations.
9, Feb 2024
Kinetic Green launches E-Luna, an All-Electric and Stylish Avatar of the Iconic Luna
Kinetic Green, a leading manufacturer of electric vehicles in India, proudly introduced the highly anticipated E-Luna today, a stylish, multi-utility electric two-wheeler with advanced technology and features, at a prestigious event in New Delhi. This all-new electric version of the iconic Luna was unveiled at the hands of Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways, Government of India, alongside Dr. Hanif Qureshi, IPS, Additional Secretary, Ministry of Heavy Industries, GoI, Dr. Arun Firodia, Chairman of Kinetic Group, and Ms. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, adding great significance to the momentous occasion.
The E-Luna stands out in the electric vehicle market as a unique offering with unparalleled versatility. It represents innovation as it is designed to cater to personal commuting and various applications for small businesses. Its advanced electric technology and innovative features contribute to an eco-friendly and highly contemporary riding experience.
E-Luna is a high-speed Electric two-wheeler that is 100% designed, engineered and Made in India with a vision that masses, and not just classes, participate in the EV revolution and benefit from the advantages of e-mobility of great savings and noiseless, emission-free ride.
At the heart of the stylish design of the new E-Luna is its unique, metallic colored, dual-tubular, high- strength steel chassis. This heavy-duty chassis not just renders strength and durability to the vehicle; but is also the differentiating styling element of the E-Luna, giving it a contemporary look like the sport or naked motorcycles. The chassis makes the E-Luna capable of providing a stable ride over various terrains. Its multi-utility aspect allows it to function not only for personal mobility but also as a “business partner”, with a remarkable 150 kg payload capacity.
The E-Luna also packs many impressive features including advanced 2.0 kWh lithium-ion battery pack, that delivers a range of 110 km on a single charge. E-Luna variants will offer options of 1.7 kWh, 2.0 kWh and subsequently, a 3.0 kWh battery pack with 150 km per charge riding range, empowering customers to choose the E-Luna as per their range and price requirement. E-Luna’s battery meets the highest safety standard with efficient thermal management. E-Luna is available with fast charging battery technology and swappable battery options, specially for B2B used cases.
With an advanced BLDC mid-mount motor with 2.2 kW peak capacity, E-Luna has a top speed of 50 km/h. The E-Luna is equipped with a CAN-enabled communications protocol, and its sleek digital meters offers enhanced convenience alongside real-time DTE or “Distance to Empty” range indicators to its riders. E-Luna’s key aggregates including the battery, motor and controller are designed to the IP-67 standard as water-proof, dust-proof aggregates for long lasting use in any driving terrain. Other notable features include combi-braking system, telescopic front suspension, larger 16” wheel size for stability, USB charging port, three riding modes for optimizing range, a detachable rear seat for flexibility, and side stand sensor for added safety.
Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways, Government of India, expressed his excitement about the launch, stating, “The electric revolution in the automotive industry is gaining momentum, and Kinetic Green’s E-Luna, with its versatile features and affordability, matches the government’s vision for sustainable transportation. What catches my attention about the E-Luna is not merely the fact of it reducing carbon footprint, but along with Tier 1 cities, the E-Luna is also aimed at providing e-mobility for Tier 2, Tier 3 cities and rural areas of India. This is where the real Bharat is! It is a vehicle that encourages geographical inclusivity. This is the inclusivity that will see Bharat grow, expand and become a leading economic superpower in the world. With products like this, we can envision a future where electric mobility is not just a luxury but a practical and affordable choice for everyone. I congratulate Kinetic Green for their vision and wish them success in transforming the landscape of
electric mobility in our country.”
Remembering his first vehicle, Shri Nitin Gadkari expressed “On this special occasion, I reminisce about my first vehicle—the Luna, a cherished gift from my mother to me. The Luna holds a special place in my heart as my first vehicle, and though today I own numerous other vehicles, the memories associated with the Luna presented by my mother remain engraved in my heart”.
During the unveiling of E-Luna, Ms. Sulajja Firodia Motwani, the Founder and CEO of Kinetic Green said, “The E-Luna’s unveiling is a proud moment for Kinetic Green, marking a nostalgic return to Luna’s legacy. E-Luna’s entry into the realm of electric mobility is nothing short of a revolution. Beyond just avehicle launch, it represents our vision of inclusion for the future of e-mobility. Today, electric vehicles have reached only a 5 to 6 % penetration in the automobile market and two of the key reasons for this are that most of today’s electric vehicle options are expensive making them unaffordable for a vast majority and many of them are not suitable to ride beyond the metro or large cities, making their appeal niche and limited. This is where E-Luna emerges as a beacon of hope, because with E-Luna, electric mobility will become a practical and affordable choice for everyone and everywhere in India. At an introductory ex-showroom price of Rs. 69,990, E-Luna is not only the most affordable high speed electric two-wheeler but also the most easy-on-pocket two-wheeler with its 10 paisa per km running cost!
This electric Multi-Utility Vehicle (MUV), designed for personal or commercial use, goes beyond typical EV products. Symbolizing innovation and minimalistic yet futuristic user-centric design, the E-Luna is fully made in India and designed for Bharat, reflecting our commitment to a sustainable, equitable, and progressive future. In this transformative journey, we are today redefining electric mobility, creating a narrative that echoes the iconic Luna’s spirit and shapes India’s transportation future.”
E-Luna aspires to be more than a mode of transport, presenting itself as a comprehensive solution designed for the street-smart and aspiring Indians underserved by the automotive industry. Positioned as a catalyst for growth, the E-Luna aims to provide personal mobility also to the 75 cr or 50% of Indians who do not own a two-wheeler currently, contributing to Bharat’s growth story. Currently the total cost of owning a petrol-based two-wheeler is around Rs. 6,000-7000 per month, with EMI of Rs. 2500-3000 per month and petrol cost of around Rs. 3,000-4000 per month, making personal mobility unaffordable for many. E-Luna’s Total cost of ownership (TCO) will be below Rs. 2,500 per month, with EMI of around Rs. 2,000 per month and charging cost of just Rs. 300 per month. At a total monthly cost of only Rs. 2,500, E-Luna can play a pivotal role in serving a broader demographic, addressing the mobility needs of aspirers and contributing to a sustainable and accessible future.
Dr. Arun Firodia, Chairman of Kinetic Group said, “The E-Luna’s rebirth signifies a great milestone in Kinetic’s journey, offering more than mere transportation. This ground-breaking venture not only signifies a leap into the future of transportation, but also evokes a profound sense of nostalgia, tapping into the beautiful memories and emotions connected with the Luna. This brings a unique touch, reminding us of the simpler times while at the same time, propelling us into a modern era of innovation. E-Luna effortlessly preserves the nostalgic charm of its predecessor, while embracing sustainability and cutting-edge technology.
I am proud to state that the E-Luna is 100% designed for India and 100% Made in India! We are also proud to share that entire Kinetic Group has supported the E-Luna development, and our group companies like Kinetic Engineering, Kinetic Communications and Kinetic Electric Motor Company have developed the key components like the E-Luna trademark chassis, the transmission, smart controller,digital cluster and the motor. Kinetic Green team has worked tirelessly over the last three years on the development of the E-Luna and I am very pleased at the outcome! ”
The E-Luna will be launched in a range of 5 attractive metallic colors, including Mulberry Red, Pearl Yellow, Night Star Black, Ocean Blue, and Sparkling Green, allowing users to personalize their style. The all-new E-Luna can be pre-booked at www.kineticgreen.com for just Rs. 500! Deliveries will soon start from all Kinetic Green dealerships nationwide. E-Luna will also be available on Amazon and Flipkart. E-Luna can also be personalized with range of accessories.
9, Feb 2024
Space World Group Announces Completion Of Equity Divestment
New Delhi, February 9th 2024: Space World Group, a pioneering conglomerate with a focus on innovative and technology-driven ventures, announces the successful completion of a significant equity divestment transaction initiated in mid-2021. The divestment involved the sale of equity holdings in one of the group’s companies and was contingent on milestone-based considerations.
The shareholders of Space World Group had announced a Transaction in the mid of Year 2021, wherein, they divested their equity holding of one of their group’s companies. The Transaction was subject to an additional milestone-based consideration. In completion of this transaction, the Space World Group has received approx. INR 240 Crores in January 2024. This transaction represents significant achievement of business milestones by the Company.
Ankit Goel and Radhey R Sharma are first generation entrepreneurs and the founder of Space World Group. Space World Group is a conglomerate, having innovative and technology-driven companies focused on customer experience. The group started from a manufacturing unit to an integrated player in Optical Fibre, FTTx, Chemical Manufacturing, RF Components Manufacturing and Metal Fabrication Businesses. The Group has also recently launched India’s unique optical fiber-based infrastructure venture. Space Telelink Ltd, Horizon Performance Polyurethane Pvt Ltd, Ranext Technologies Pvt Ltd, Space World Digital Solutions Pvt Ltd (Constl), Space World Data Centres Pvt Ltd are the Group’s companies.
To the Transaction, Mr. Ankit Goel, the Managing Director and Chairman of the Space World Group, told “We have built this business from the ground and have been successful in setting the right fundamentals and direction. Basis the dedication of the team and strong business dynamics we were confident of achieving this additional milestone”.
This transaction reinforces Space World Group’s commitment to navigating strategic opportunities and creating value for its stakeholders. The proceeds from the divestment will further contribute to the group’s growth initiatives and ongoing pursuit of excellence in the dynamic business landscape.
8, Feb 2024
Lenovo sets the stage for its ‘AI for All’ vision at Tech World India’24
New Delhi, INDIA, February 08, 2024 – Lenovo, the global technology powerhouse, today unveiled its most comprehensive AI capabilities at the company’s annual flagship event – ‘Tech World India 2024.’ This year’s theme ‘AI for All’ focused on how Lenovo is exploring the power of AI to drive intelligent transformation in every industry – with purpose-built AI-ready devices, infrastructure, solutions, and services across pocket to cloud that empower industries, enterprises, and individuals.
Lenovo also launched its latest range of devices powered by AI at this event, in partnership with Intel India. This new line-up includes AI PC innovations across consumer and commercial PCs such as Yoga Slim 7i, Yoga Pro 9i, IdeaPad Slim 5i, and ThinkPad X1 Carbon. These are aimed at personalizing the computing experience and are designed to unlock new AI experiences to boost productivity, creativity and efficiency. These laptops are powered by the latest Intel® CoreTM Ultra Processors, and are amongst the first that are
driving an AI PC revolution that will fundamentally change how people create, collaborate, and interact with PCs.
The event kick started with Lenovo Global, AP and Indian leaders talking about Lenovo’s readiness for AI, while the interactive sessions saw insightful and industry-defining conversations on the relevance of AI with thought leaders such as Santhosh Viswanathan from Intel and Bhaskar Basu from Microsoft. The curated panel discussions featured more industry stalwarts namely Ankit Bose from NASSCOM AI, Ravi Jain from Krutrim and Har nath Babu from KPMG talking about the ‘Emerging Disruptive Landscape Through Genial’; and Rucha Nanavati from Mahindra & Mahindra along with Jaspreet Bindra of Tech Whisperer expressing their thoughts about ‘Responsible and Ethical AI’. They zeroed in on how AI is being democratized, bringing its power from pocket to the cloud, unleashing possibilities, and redefining ‘smarter’ for all.
Talking about the flagship event, Shailendra Katyal, Managing Director – Lenovo India said, “This edition of Tech World is especially exciting for us as we leapfrog towards building solutions that are going to unlock an exciting vision of ‘AI for All’ for Lenovo in India. It is also an opportunity for us to come together with our valued partners to unleash the true ‘power of AI’, and showcase purpose-built AI-ready pocket to cloud solutions. AI is transforming the way people live and work in the country, and Lenovo’s bold approach to drive intelligent transformation will help accelerate this growth and enhance experiences for consumers and businesses alike.”
From exploring the immersive world of gaming to experiencing the versatility of Think devices and the creative possibilities with Yoga PCs, the Experience zone at Tech World India provided an interactive platform for attendees. The zones also displayed ThinkEdge servers powering autonomous robots, demonstrations of digital twins and GenAI solutions, and showcased Lenovo’s make-in-India potential.
Lenovo also unveiled its Made in India devices. This milestone positions Lenovo in the Class 1 PMA category, as more than 50% of components for a specific range of products are now sourced through local manufacturing.
7, Feb 2024
Amazfit Launches the Amazfit Active Smartwatch
New Delhi, 7th February 2024 – Amazfit, a leading global smart wearable brand owned by Zepp Health, a health technology company, introduces the Amazfit Active Smartwatch, setting new standards in style, AI power, and wellness integration. Rooted in the vision of fostering holistic wellness, this state-of-the-art smartwatch seamlessly merges style, lasting power, and advanced wellness features. Boasting a vibrant 1.75″ HD AMOLED display framed by an elegant stainless-steel frame, the Amazfit Active Smartwatch offers an immersive visual experience while ensuring enduring comfort with its lightweight design.
Packed with cutting-edge features, including the AI-driven Zepp Coach™, precise navigation through five satellite systems, and comprehensive health monitoring, this smartwatch stands as an indispensable companion on your wellness journey. Amazfit envisions a world where technology effortlessly integrates with daily life, promoting a balanced and active lifestyle.
Speaking on the launch, Mr CP Khandelwal, CEO PR Innovations, Official Brand empowerment partner of Amazfit in India, stated, “With the release of the Amazfit Active Smartwatch, we take a significant stride toward realizing Amazfit’s mission of empowering a holistic approach to well-being through seamless technology integration into everyday life. This launch signifies our commitment to empowering individuals on their wellness journey, providing a stylish and powerful companion that transcends the ordinary. By combining effortless style, enduring power, and advanced wellness features, we envision a future where our users effortlessly balance their active pursuits with a focus on comprehensive health.”
AI POWER Unleashed with Zepp Coach™: The Zepp Coach™, powered by artificial intelligence, is at the heart of the Amazfit Active Smartwatch. This AI-driven personal coach caters to users of all training backgrounds, providing more efficient, personalized, and safe workouts. The Zepp Coach™ introduces scientific training methods, evaluating the user’s physical fitness, fatigue level, and training status based on exercise intensity. Whether advising on increasing exercise, suggesting rest, or altering training intensity, the Zepp Coach™ ensures a personalized approach for optimal results.
Lightweight & Stylish Design: The Amazfit Active smartwatch boasts a stylish and feather-light design, weighing just 24g for unparalleled comfort. Crafted with precision, the watch features a robust aluminum alloy middle frame seamlessly integrated into its sleek body. Complementing its elegance is a soft and skin-friendly silicone strap, ensuring both style and comfort. The large 1.75” HD color display with a remarkable 73% screen-to-body ratio delivers an immersive visual experience with 390 x 450 pixels and 341 ppi. The always-on display feature ensures visibility at all times, enhancing the user experience.
STAY HEALTHY
Readiness Score: The Amazfit Active goes beyond traditional health monitoring with its innovative Readiness Score. This score, derived from data such as heart rate, stress, sleep, HRV, respiration, and temperature, assesses your physical readiness each morning. Taking into account both physical and mental recovery, the Readiness Score provides personalized suggestions for the day, contributing to overall well-being.
24H Heart Rate, SPO2, Stress Monitoring: The smartwatch prioritizes comprehensive health management, offering continuous 24-hour monitoring of heart rate, blood-oxygen saturation, and stress levels. With just a click, users can quickly measure these vital health indicators. Additionally, the device features sleep quality monitoring, the PAI health assessment system, and more, providing users with a holistic approach to health and fitness.
STAY ACTIVE
120+ Sports Modes & Smart Recognition: Catering to a wide range of sports enthusiasts, the smartwatch supports tracking data for over 120 sports and employs smart recognition technology for seven sports. The Peakbeats™ workout status algorithm and Virtual Pacer provide motivation, making fitness routines dynamic and engaging.
5 Satellite Positioning Systems & Route Navigation: Equipped with five satellite positioning systems, the Amazfit Active ensures precise navigation. Circularly-polarized antenna technology enhances positioning accuracy, making it a reliable companion for those who want to know exactly where they’re going.
STAY SMART
Connectivity: The smartwatch brings connectivity to the forefront, allowing users to make and receive Bluetooth phone calls directly on the device. The built-in microphone and speaker enable seamless communication. Users can also take control of their phone’s music directly from the watch, adding convenience to workouts and enhancing motivation.
Amazon Alexa Built-In: Adding a touch of intelligence, the Amazfit Active comes with built-in Amazon Alexa, serving as a smart assistant on the wrist. Users can ask Alexa questions, set alarms and timers, check the weather, and more, further elevating the smartwatch’s capabilities.
