30, Jan 2024
Visa Accelerator Program 2024 now open for Applications from Indian Fintechs
Bengaluru, January 30, 2024: Visa (NYSE: V), the global leader in digital payments, today announced the launch of the fourth edition of Visa Accelerator Program with an open call for applications. The initiative aims to enable startups in India to unlock growth potential by collaborating with Visa’s payments experts. The 2024 edition focuses on new opportunity areas – Artificial Intelligence (AI), Global Money Movement, and Loyalty of the Future, with an emphasis on areas like Digital Acceptance for Micro, Small, and Medium Businesses (MSMBs) and Embedded Finance.
Speaking on the launch of the program, Sandeep Ghosh, Group Country Manager, Visa India and South Asia, said, “We are delighted to invite up-and-coming payment innovations of the country to the Visa Accelerator Program and power their solutions with Visa. The Program offers startups a unique opportunity to work with our subject matter experts to enhance and test their solutions with real-world opportunities, building a runway for growth. We aim to drive the next wave of momentum for global payments by enabling seamless, safe money movement through positive payment experiences.”
Tailored for companies in the pivotal expansion stage, the program will emphasise on development of proof of concept, product solutions and fast-tracked commercialisation, arming startups with potential collaboration and accelerated growth. A select group of startups from across the Asia-Pacific region will, through the program, address evolving challenges of the payment ecosystem. They will also co-develop, test, and iterate new solutions and leverage Visa’s extensive network of financial institutions, merchants, and digital partners to pursue tangible go-to-market opportunities.
Launched in 2020, the Visa Accelerator Program has consistently supported advanced-stage startups with experienced mentors, cutting-edge technology, and opened doors to investment opportunities. In 2023, of the seven startups selected, two were India-based companies – Transpure and Twid.
Applications for this edition of the Program opened on January 8, 2024, and will close on March 8, 2024. The selected startups will engage in the program from May to November 2024, culminating with a Demo Day later.
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- By Rabindra
29, Jan 2024
LAPP India Unveils Innovative “All-Round Wires Multi-Standard – ÖLFLEX® WIRE MS
Bangalore, 29th January – LAPP India, a leader in cable and connection technology, proudly announces the launch of ÖLFLEX® WIRE MS, an all-encompassing single-core wire designed to revolutionize connectivity solutions across diverse industries and applications. Engineered with precision, these wires are making remarkable impact due to its high performance and reliability, offering versatility and a unique advantage in its voltage range.
ÖLFLEX® WIRE MS product family signifies all-around single-core wir
es, finding applications across various industries. Its adaptability and versatility make it a preferred choice for different wiring needs across the Asian market. ÖLFLEX® WIRE MS adheres to multiple standards UL/CSA, EN Standard – making it a versatile choice for a range of applications. Available in 1.05 (300V), 2.15 (600V), and 2.25 (1000V), ÖLFLEX® WIRE MS caters to diverse voltage requirements. ÖLFLEX® WIRE MS is built on a foundation of reliability, featuring certified PVC single cores that ensure consistent and secure connections in every application. It is designed to be cost-effective, providing a high-quality solution without compromising on affordability. ÖLFLEX® WIRE MS is ideal for internal wiring in electrical and electronic applications, making it a crucial component for seamless connectivity.
Gary Bateman, Managing Director at LAPP India, mentioned, “ÖLFLEX® WIRE MS reflects our commitment to providing innovative solutions that address the dynamic needs of our customers. This all-round single core wires, manufactured locally, is poised to set new standards in connectivity solutions”. Distinguished by its UL/CSA certification, ÖLFLEX® WIRE MS signifies compatibility across key markets. This certification offers various advantages, including a reduction in technical documentation, corrosion prevention with tin coating, and compliance with EU Directive 2011/65/EU (RoHS) and REACH.
As part of the ÖLFLEX® Power & Control Cable lineup, ÖLFLEX® WIRE MS signifies a leap forward in cable & wire technology. It brings forth cutting-edge solutions for power and control requirements. The product is designed to be cost-effective, providing a high-quality solution without compromising on affordability.
25, Jan 2024
Check Point Software Levels Up Kokilaben Dhirubhai Ambani Hospital Cybersecurity Capabilities
25th January 2024, New Delhi, India: Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a global leader in cybersecurity solutions, today announced its collaboration with Kokilaben Dhirubhai Ambani Hospital and Medical Research Institute, a prominent healthcare provider in India, to bolster cybersecurity across the hospital’s robust IT infrastructure. Their large IT infrastructure comprises 300 virtual servers, 75 physical servers, virtual databases, and 2,500 endpoints. Check Point’s Harmony and Quantum solutions will play a pivotal role in providing comprehensive protection against sophisticated cyber threats for Kokilaben, established as one of India’s most advanced and highly specialized care facilities.
As per Check Point Research (CPR), in 2022, the healthcare industry in India saw the maximum number of cyberattacks among all sectors, with an organization being attacked 1,866 times per week on average, making this sector one of the most vulnerable verticals in the country. As a major healthcare provider entrusted with enormous amounts of sensitive patient information, Kokilaben adheres to stringent data protection standards, including India’s National Accreditation Board for Hospitals (NABH) and the International Joint Commission (JC).
Kokilaben Dhirubhai Ambani Hospital’s proactive approach involves replacing its manual data aggregation process, previously from multiple firewalls, email and endpoints with an AI-powered, centralized system to streamline workflows and optimize resources efficiently. This was addressed by Check Point’s Maestro Hyperscale Network Security, fueled by AI and big-data threat intelligence that has revolutionized threat identification, patch application, and remediation. This includes providing the hospital with visibility into open ports, empowering them to remediate vulnerabilities independently. Additionally, Maestro scales the Check Point Quantum Security Gateways on demand, maximizing appliance capacity to meet the hospital’s dynamic workload requirements. The hospital has also deployed Check Point Harmony Endpoint, enhancing endpoint security without compromising performance, thus increasing productivity and reducing user friction. In the next phase, the hospital aims to implement Check Point Email & Collaboration to fortify email security.
This consolidated approach empowers the hospital’s security team to maximize their security posture, as all data is now accessible through a unified dashboard, optimizing operational efficiency and productivity. As a result, the hospital can scale security operations cost-effectively, keeping pace with its growing digital infrastructure.
Srinivasan Raman, Chief Information Security Officer at Kokilaben Dhirubhai Ambani Hospital and Medical Research Institute, expressed, “Since onboarding Check Point, we’ve had virtually no security issues. Check Point’s 30-year legacy of innovation and exceptional service has given us complete peace of mind, knowing that our sensitive patient data is protected against the latest cyber threats.”
He added, “The Check Point support team provided invaluable guidance throughout the technology transition, ensuring a smooth deployment that met our unique requirements. With minimal ramp-up time, our security team was fully trained to identify and remediate security gaps, enabling us to maintain a robust cybersecurity posture. We are delighted to integrate and use Check Point’s industry-leading solutions and look forward to continuing our collaboration in the future.”
Sundar Balasubramanian, Managing Director at Check Point Software Technologies, India & SAARC said, “At Check Point, we are dedicated to empowering our customers to navigate through the ever-evolving cybersecurity landscape. This partnership underscores our commitment to providing advanced and comprehensive security solutions, ensuring the security and resilience of critical healthcare infrastructure. We are proud to support Kokilaben Dhirubhai Ambani Hospital’s mission of delivering world-class healthcare by securing their digital assets and aiding them in achieving operational excellence.”
25, Jan 2024
Pre-Budget Quote Placement 2024 – Great Learning and Ceremorphic
“With technological advancements happening every minute, relying just on a college education is not enough for the Indian youth. They will have to keep updating and upskilling themselves to utilise their full potential in strengthening our economy. Removal or Reduction of GST rate from upskilling programs in the upcoming Union Budget will help solve this by democratising access to quality education, fostering innovation and employability. Formalising the tech sector and streamlining operations through regulations and policies instills confidence among stakeholders, fostering an environment conducive to growth. These changes ultimately align with the national goal of developing a more responsive education system, equipping the workforce in this knowledge-driven economy to meet the evolving demands of the job market.”
“The semiconductor industry’s tenacity and dedication to innovation, indicate bright development possibilities in the rapidly changing technological world as the 2024 budget draws near. It’s critical to prioritise joint government-organization projects to promote innovation throughout India’s semiconductor industry.
With green energy and sustainability taking centre stage in worldwide efforts to cut carbon emissions, policies like the National Green Hydrogen Mission will help move the economy towards low carbon intensity and lessen dependency on imported fossil fuels for sustainable growth. The renewable energy industry has enormous potential for cooperation with semiconductor fabrication plants by assisting in establishing ESG norms. At the grassroots level, such as in high schools and colleges across the nation, the government must also continue to support skill development initiatives like the Pradhan Mantri Kaushal Vikas Yojana 4.0 and Skill India Digital platform, with appropriate curricula to prepare the workforce for Industry 4.0 and beyond”,
25, Jan 2024
Opus Technologies Receives 2024 Great Place To Work Certification
Pune, India, January 25, 2024 – Opus Technologies, a pioneer in the financial technology industry, is delighted to announce that it has earned the prestigious Great Place To Work® Certification™. This distinguished accolade validates the company’s relentless efforts to cultivate an outstanding workplace, where employee well-being, engagement, and diversity and inclusion are paramount.
As the global authority on workplace culture, Great Place To Work brings 30 years of groundbreaking research and data to help every place become a great place to work
for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To
Work Certified™ or receiving recognition on a coveted Best Workplaces™ List.
“This Certification demonstrates our profound commitment to creating a positive and supportive work environment,” says Praveen TM, CEO of Opus Technologies. “We are dedicated to fostering creativity, bold innovation, and collaboration while providing an enjoyable atmosphere filled with diversity and inclusivity. Moving forward, we will continue building on this successful model for a lasting and rewarding workplace experience.”
The prestigious award is based entirely on what current employees say about their experience working at Opus. Great Place To Work employs a well-structured survey approach to record honest and open feedback from the existing employees. The data is compared with the global benchmarks established for the award of the certification.
This recognition is a testament to Opus’ culture that focuses on unlocking individual potential and its forward-thinking and inclusive people practices. The organization believes in enabling employees to broaden their perspectives, think strategically, and sharpen their skills for fast career growth. This commitment manifests through a variety of training and programs and people-oriented policies. Opus proudly champions gender equality, actively eliminating barriers and nurturing a sense of belonging for all. Through dedicated programs, the organization has offered equitable opportunities to the tech talent in rural areas as well. These policies have helped Opus attract and retain top talent by setting new standards for inclusivity in the tech industry.
24, Jan 2024
Goldmedal Electricals Unveils I-Power Travel Adapter
Bengaluru, 24th January 2024: Gold medal Electricals, is one of India’s leading Fast Moving Electrical Goods (FMEG) the leading home grown fast moving electrical goods (FMEG) company announces the launch of its innovative I-Power Travel Adapter for delivering the fastest possible portable charging. This latest addition is a compact and practical charging option for all the travel enthusiasts and those always on the go.
I-Power travel adapter also offers features such as:
· Support PD+QC+PPS fast charging protocol and can charge for phones, tablets, and notebooks.
· Available in EU Plug Option
· Available in 30W high power
Commenting on the latest addition, Kishan Jain, Director, Goldmedal Electricals, said “I am thrilled to introduce our latest product, the I-POWER Travel Adaptor. We have designed this travel adaptor with the needs of modern travellers in mind, ensuring that it is both safe and efficient. With its advanced features, such as the LED display, high power, cooling system, Turbo Power Engine, and smart chip, the I-POWER Travel Adaptor is the perfect solution for anyone who needs to charge their electronic devices on the go. We are confident that this product will exceed your expectations and provide a reliable charging solution for all your travel needs. With the introduction of Goldmedal I- power travel adapter, we aim to make to our consumers.”
Goldmedal Electricals is known for its wide range of innovative and highly efficient LED lights and fixtures. The company also offers variety of modular switches and accessories, home automation systems, luminaries and LED lights, wires and cables, doorbells, fans, PVC pipes, DBs, MCBs, and others.
The I- Power Travel Adaptor retails for Rs. 1,100 with a 1-year warranty.
In conclusion, the I-POWER Travel Adaptor is the perfect solution for anyone who needs a reliable, efficient, and safe way to charge their electronic devices while on the go. With its easy installation, chargeable plug charger, quality certificate, LED display, high power, cooling system, Turbo Power Engine, and smart chip, this adaptor is sure to meet all of your charging needs.
23, Jan 2024
Budget Expectation_CYFIRMA an External threat landscape management platform
Quote:
By Kumar Ritesh,Founder and CEO, CYFIRMA
We would like to see the upcoming budget carry a strong focus on helping businesses overcome the threats of cyberattacks and other digital risks. Indian businesses are adopting digital solutions at an accelerated pace but yet their cybersecurity maturity remains low. A budget that supports SMEs and start-up’s growth while ensuring their cybersecurity needs are taken care of is much needed in the current AI and digital age. The government’s approach needs to move beyond building compliance frameworks to providing tangible subsidies for cybersecurity protection solutions.
23, Jan 2024
Aalekh Foundation, Gorakhnath Temple Trust, and Bint Technology Partner
New Delhi, January 23, 2024 – Aalekh Foundation, in collaboration with the Gorakhnath Temple Trust authorities and Bint Technology, is proud to announce the initiation of a transformative project for the restoration and maintenance of Ram Talab, a historic water body nestled within the grounds of the revered Shri Gorakhnath Temple in Katwaria Sarai, Sanjay Van area. This momentous initiative, conducted under the auspices of the Delhi Development Authority (DDA), signifies a collaborative effort to preserve and enhance our eco-cultural heritage.
Steeped in history dating back to the Treta Yuga during the revered Lord Rama’s time, Ram Talab holds immense sacred significance. Legend has it that Shri Gorakhnath himself urged local villagers to excavate this blessed pond, imbuing it with divine sanctity.
Under the visionary guidance of Dr. Rennie Joyy, the Founder & Managing Director of Aalekh Foundation, renowned for its environmental dedication, this project takes a significant leap toward the sustainable rejuvenation of Ram Talab. Dr. Joyy’s unwavering commitment to safeguarding cultural and ecological legacies has been the driving force behind the Aalekh Foundation’s impactful endeavors.
Bint Technology, led by Mr. Binu Kunnumal, brings its innovative technologies to the table, ensuring the effective cleanup and long-term sustainability of the water body. This collaboration beautifully underscores the fusion of tradition and modernity, harmonizing historical reverence with cutting-edge environmental stewardship.
Lakshmi Menon Bhatia, who has been actively involved in this project since 2022, has played a vital role in its development. Her years of experience as a Global-level International Corporate Executive, coupled with her expertise in environmental sustainability initiatives, make her an invaluable asset to the team. Aalekh Foundation is proud to associate with her as a Strategic Advisor.
Commenced on January 21, 2024, this project coincides with the auspicious occasion of the Ram Mandir opening in Ayodhya on January 22. This synchronicity adds a symbolic layer to the initiative, blending cultural celebrations with a dedication to environmental sustainability.
As a DDA-mandated project, the restoration and maintenance of Ram Talab exemplifies a shared commitment to heritage conservation and environmental responsibility. We invite you to join us in covering this monumental endeavor and showcasing the convergence of public and private efforts for the greater good.
Dr. Rennie Joyy, founder of Aalekh Foundation states “Aalekh Foundation embarks on the 2nd phase of the Ram Talab rejuvenation project, aligning with the auspicious occasion of Ram Mandir pranprathisthan. With the blessings of Gorakhnath Temple and cutting-edge technology from Bint Technology, we aspire to make a lasting impact on ecological balance. Recognizing water as a fundamental necessity, we strive for sustainable maintenance, ensuring a legacy for future generations.”
Lakshmi M Bhatia, Strategic Advisor said, “The ancient Ram Talab highlights the significance of both Water & our Culture, which respects the importance of Mother Nature in her various forms. It is indeed She who nurtures & sustains all of Life…We are indeed delighted to launch Phase 2 of the Ram Talab Rejuvenation Plan with our able partners, Aalekh Foundation & Bint Biotech with the Blessings of the Guru Gorakhnathji Temple Trust & the great Guru Parampara.”
Nandini Nampoothiry – Youth vertical head of Aalekh Foundation said, “The future generations might see ecological imbalance if water is not conserved and clean. In a famous post, Auden said thousands can live without love but not one without water. We need to as a young generation work towards water conservation and rejuvenate water bodies like that of Ram Talab”
22, Jan 2024
To THE NEW Recognized by ISG in 2023 Multi Public Cloud Services Provider Lens™
New Delhi, 22 January 2024 – TO THE NEW, a leading digital technology company, has today announced its recognition for the Consulting & Transformation Services Midmarket, Managed Services for Midmarket, and FinOps Services and Cloud Optimization categories in ISG’s 2023 Multi Public Cloud Services Provider Lens™ report.
“This recognition in the three key categories of ISG’s 2023 Multi Public Cloud Services Provider Lens report is a true honor,” says Deepak Mittal, CEO of TO THE NEW. “It signifies our commitment to staying at the forefront of the multi-cloud landscape, offering customers access to the latest tools, technologies, and best practices.” He further added, “CloudKeeper, our proprietary solution, stands as a leading force in Cloud Cost Optimization & FinOps. It empowers clients to achieve their business goals strategically and cost-efficiently, transforming the cloud into a true competitive advantage.”
This Provider Lens™ evaluates providers offering public cloud services, including consulting and transformation, managed services, public cloud infrastructure, and specialized services like FinOps and SAP HANA environments, across multiple major public cloud platforms, like AWS, Azure, and GCP, helping businesses choose the right partner for their multi-cloud strategy.
The consulting and transformation quadrant of the report evaluates providers that assist enterprises in modernizing, optimizing, and transforming their IT operations to achieve greater efficiency, agility, and security. The managed services for Midmarket quadrant assesses managed service providers who adopt a DevOps-centric approach to support robust CI/CD pipelines with strong container management capabilities, offer expertise in site reliability engineering (SRE) and business resiliency, cloud infrastructure lifecycle management and real-time multicloud monitoring with predictive analytics to maximize performance, reduce costs and ensure compliance and security.
The FinOps and cloud optimization quadrant assesses service providers who offer expertise in workload assessment, cloud governance, and FinOps, utilizing AI/ML analytics to predict costs and identify savings opportunities. Leaders actively manage FinOps tools for clients, automate resource utilization, and even handle resource transactions while streamlining workflows for swift budget management. In essence, these providers become expert partners in navigating the complexities of multi-cloud cost optimization.
ISG’s independent validation provides assurance that TO THE NEW possesses the necessary expertise and capabilities to deliver value, optimize cloud investments, and drive business transformation.Being named in ISG’s Provider Lens is a significant milestone on this journey, and TO THE NEW remains dedicated to continuously enhancing its offerings and exceeding customer expectations. Furthermore, CloudKeeper, its proprietary solution, empowers organizations using multi -cloud services by delivering guaranteed cost savings and comprehensive FinOps services.
20, Jan 2024
ETI and Pranathi Software Services Forge Strategic Partnership to Drive Innovation in AI and ML
New Delhi, 20th January 2024 – ETI, the leading Information Technology company based in the Republic of CUBA, and Pranathi Software Services Pvt Ltd India, a prominent software service provider, have signed a Memorandum of Understanding (MOU) to foster collaboration and exchange expertise in the field of Artificial Intelligence (AI) and Machine Learning (ML). The historic agreement was formalized during the India Soft 2024 event in Delhi.
The MOU sets the stage for a dynamic partnership that will facilitate the exchange of specialists and technicians between ETI and Pranathi Software Services, paving the way for collaborative development projects in the rapidly evolving domains of AI and ML. This strategic alliance aims to accelerate innovation, drive technological advancements, and promote knowledge transfer between the two organizations.
Both ETI and Pranathi Software Services are committed to leveraging their combined expertise to address global challenges and seize emerging opportunities in the IT industry. The collaboration will not only strengthen ties between CUBA and India but also contribute to the growth of AI and ML ecosystems on a global scale.
Key highlights of the MOU include:
Exchange of Specialists and Technicians: The agreement outlines a structured program for the interchange of highly skilled professionals between ETI and Pranathi Software Services. This will foster a rich exchange of ideas, perspectives, and best practices in AI and ML.
Collaborative Development Projects: The partnership will see joint efforts in the development of cutting-edge projects based on AI and ML technologies. This collaboration is expected to yield innovative solutions that can address complex challenges across various industries.
Transfer of Knowledge and Technology: ETI and Pranathi Software Services will actively promote the transfer of knowledge and technology, ensuring that both organizations benefit from the latest advancements in AI and ML. This will include training programs, workshops, and shared resources.
The signing ceremony at India Soft 2024 marks the beginning of an exciting chapter in the global IT landscape. Both organizations are enthusiastic about the potential of this collaboration and are optimistic about the positive impact it will have on the technological landscape.
