CASHe Crosses Rs. 10,000 crores in Loan Disbursals

Mumbai, 12th June 2024: CASHe, India’s leading credit-led, AI-based financial platform, today announced that it has crossed the significant milestone of Rs. 10,000 crores in loan disbursals to date. The company further stated that it has disbursed over three million loans to over two million customers, with an active customer base of over 1.3 million users.

As the platform recently marked its eighth anniversary, it has achieved notable milestones, including over 40 million user registrations and 55 million app downloads. Branded as the ‘Bharat Ka Money App,’ the platform has successfully extended its reach across the country, covering 18,200 pin codes. Significantly, 65% of CASHe’s user base comes from tier 2, tier 3, and smaller towns across India through 100% digital origination. Its diversified product offerings provide comprehensive financial solutions such as short-term personal loans, credit lines, BNPL services, and innovative products like Travel Now Pay Later, credit on WhatsApp, insurance, and cross-selling investment products through its wealth management services. These offerings cater to a wide range of customer needs, making it a one-stop shop for their financial requirements. This expansive growth has been bolstered by the launch of its super app, which offers a wide range of products within its credit suite. With half a million new customers onboarded every month, the platform disburses 150,000 loans monthly, including repeat loans.

With over 50 ecosystem partnerships, including e-commerce giants, CASHe ensures a hassle-free loan experience for underserved working professionals in a 100% digital format with minimal documentation while leveraging alternative data. It has also expanded its product offerings to include semi-secured loans, such as loans for electric 2-wheeler vehicles (EV) and education loans. These new products aim to attract a wider customer base and cater to the growing demand for sustainable transportation and education financing.

The company has also developed a comprehensive co-lending platform featuring unique end-to-end digital sourcing and underwriting technology. This technology is deployed across multiple financial institutions and is deeply embedded with various large third-party financial platforms.

Yashoraj Tyagi, CEO of CASHe, commented, “We are delighted to have reached this significant milestone, which reflects our dedication to supporting young working professionals in India. At CASHe, we strive to make finance more accessible, affordable, and transparent through the use of technology. Our commitment to innovation, customer-centricity, and strong partnerships with our lending collaborators has enabled us to achieve this success, and we are confident that we will reach even greater heights in the future.”

Since 2019, CASHe has maintained consistent profitability, with growth accelerating significantly in the post-pandemic period. CASHe’s revenue from operations surged 2.2 times to Rs 560 crores during FY 2022-23, compared to Rs 257.5 crore in FY 21-22. The platform is expected to continue its growth trajectory this year, with the company projecting full-year profitability backed by solid fundamentals.

Eminent Spine’s SI Screw System Received FDA 510(k) Clearance

Plano, TX, June 12, 2024 — Eminent Spine received 510(k) approval on the 3D Printed Titanium and Machined Titanium SI Screw System as of June 4, 2024. Eminent Spine will showcase the SI Screw System at the State of Spine Surgery Think Tank annual conference in Cabo, MX from June 20-22, 2024, as well as the ASPN Annual Conference in Miami, FL, from July 11-14, 2024.

Eminent Spine’s SI Screw System is comprised of various sizes and configurations to accommodate individual patient anatomy. The System was designed with the following: tapered nose that allows for ease of insertion, sharp tip that easily penetrates bone, lengths that range from 20mm – 90mm, diameters of 8.5mm, 10mm, 11.5mm, and 13.0mm, head and headless screw options, fenestrated and self-harvesting threads, and two different materials (3D Printed Titanium and Machined Titanium). The Eminent Spine SI Screw System was approved for lateral, superior lateral, and S2-AI approaches. The implants are offered non-sterile.

Celebrate the Dragon Boat Festival with Yauatcha’s New Festive Menu and Patrón’s Crafted Libations

Yauatcha, the renowned Chinese dim sum teahouse, is delighted to announce its celebration of the traditional Chinese holiday, the Dragon Boat Festival. In honour of this auspicious occasion, Yauatcha is introducing a limited edition menu along with a new cocktail menu in collaboration with Patron.

Paying homage to these festivities and the Chinese heritage, we are beyond thrilled to introduce a menu that showcases a selection of Zongzi that you can share with your friends and family over old memories and new stories. This limited edition menu experience features the Mock meat and mushroom zongzi dumpling, skillfully combining white & straw mushroom with asparagus. Steamed to perfection, the Black truffle zongzi dumpling envelopes your senses with fragrant herbal aromas, evoking the essence of tradition.

For those seeking a unique combination, the Chicken and prawn zongzi dumpling harmoniously blends succulent chicken, prawns, and dry shiitake mushrooms, celebrating the heart of Chinese culinary traditions. Discover the melt-in-your-mouth goodness of the Braised pork belly zongzi dumpling, where tender and luscious pork belly absorbs the essence of Sichuan peppercorns, heightened by the subtle botanical infusion from the steamed lotus leaf.

Conclude your meal with our delicious Mango rice tapioca dessert which features jasmine rice pudding, fresh mango compote, served with our mango mascarpone and ice cream.

Along with the flavourful food items on the menu, Yauatcha will also feature a new cocktail menu themed East Meets West in collaboration with Patron. This menu serves as a unique cocktail experience at Yauatcha that brings together the vibrant and bold flavours of tequila with the delicate and aromatic notes of Asian ingredients. From botanical nuances to sweet indulgence to citrus aromas to spicy hints, we have a selection of delicious tipples that will take you on a sensorial journey. The menu is designed to take you on a journey across continents, where the rich traditions of the Mexican agave spirit are artfully blended with the sophisticated tastes of Asia.

• Smoke & Chill: Patrón Reposado, agave, hickory smoke, ghost pepper
• Fuzhou Highball: Patrón Reposado, lime, elderflower, jasmine seltzer
• Pun Chun Margarita: Patrón Silver, yuzu sake, pun chun brine
• Dragon Boat Margarita: Patrón Silver infused red rice, sake, wasabi, yuzu
• The Samurai: Patrón Silver, Mezcal, melon liqueur, jalapeno, lime, agave
• Suanni: Patrón Silver, bianco vermouth, Mezcal, clarified bloody mary mix

With all these and more, all the cocktails on the menu are infused with flavors synonymous with the Dragon Boat Festival, providing a unique and modern twist to the festivities.

When: Ongoing
Where: Yauatcha, Mumbai

Timings: 12 pm – 1 am

Chattanooga Recycling Start-up Kicks-Off Plastics Recycling Program in the USVI

Hixson, TN, June 12, 2024 –OPT USA, Inc. announces an initiative to create a recycling infrastructure for plastics #1 PET, #2 HDPE, and #5 PP in the Caribbean Islands starting in St. Thomas, USVI. The program will expand throughout the USVI to St. John’s and St. Croix, incorporating additional materials as well as production of recycled content products as the program expands.

“We are excited to work with our partners; The University of the Virgin Islands, The Virgin Islands Waste Management Authority, and The Opi’a Taino Organization with support of The Alliance to End Plastic Waste to bring this much needed resource to the Caribbean Islands,” said Michael Vincent, President and CEO at OPT USA, Inc. “Our technology is designed to expand and create recycling in communities and industries across the globe and domestically in the U.S. OPT USA’s onsite recycling model creates revenue streams through combining a condensed value chain with superior logistics efficiencies.”

“With the help of our committed partners, OPT will create jobs, a new industry of recycling, and recycled plastic product manufacturing in the USVI. Our technology and expertise help communities expand recycling, create jobs, and uplift the economy while reclaiming a plastic waste free environment,” Vincent continued.

Nicholas Kolesch, Vice President of Projects at the Alliance to End Plastic Waste, said, “We are excited to support the growth of recycling infrastructure in the US Virgin Islands by enabling OPT to replicate their successful track record in South Africa in a new geography. This project will demonstrate a solution that can be deployed in other island geographies and across the Americas to collect, process, and valorise plastic waste.”

Founded in 2022, OPT USA, Inc. is a subsidiary of Ocean Plastic Technologies based in Durban, South Africa. The company expanded to the America’s with a successful track record for deploying Micro Recycling Pods in Southern Africa which have been responsible for recycling millions of tons of plastic waste and creating hundreds of jobs over the past eight years.The South African operations continue to grow with international companies, organizations, and municipalities.

OPT USA, Inc. is the Americas subsidiary with several initiatives and pilots being planned both in the domestic United States and across The Americas. To learn more about how OPT USA, Inc. can expand recycling in your business or community, while creating a revenue stream or to learn more about our industrial solutions please visit our website, OPTUSA.EARTH.

About OPT USA Inc. OPT USA, Inc., the Americas-based subsidiary of Ocean Plastic Technologies, is dedicated to advancing innovative waste plastic recycling solutions. The company specializes in B2B closed-loop recycling, offering customized, on-site recycling systems that transform various plastic waste into valuable raw materials. OPT USA’s Micro Recycling Pods efficiently process films, flexibles, and agricultural plastics at the source, minimizing landfill waste and creating revenue opportunities. The company also provides integrated supply chain and logistics solutions, enhancing sustainability and cost efficiency for businesses across industries. By leveraging proprietary technology and traceability systems, OPT USA ensures a transparent and circular economy for plastics.

The Alliance to End Plastic Waste is a global non-profit organisation with the mission to end plastic waste in the environment and to advance a circular economy for plastics. The Alliance convenes more than 70 companies across the plastic value chain with local communities, civil society groups, intergovernmental organisations, and governments. The collective know-how, experience and resources of this global network enable the current portfolio of more than 50 projects. Together, we work towards economically viable, environmentally beneficial, and socially responsible solutions.

Dr V. Veerappan, Chairman, IESA

By Dr V. Veerappan, Chairman, The India Electronics and Semiconductor Association ( IESA]

This is a historical moment as Prime Minister Narendra Modi returns to power for a third consecutive term; we congratulate him on this milestone. The Hon’ble Prime Minister has played a pivotal role in the thrust being provided to semiconductors and electronics manufacturing. His vision has been decisive in driving huge investments that can put India on the global map and make the country a hub for electronics manufacturing for the world. We also congratulate Shri. Ashwini Vaishnaw who has retained his portfolio as Union Minister of Electronics and Information Technology and the newly appointed Minister of State, Shri Jitin Prasada. Minister Vaishnaw’s continuity will pave the way in ensuring a step up of support to the sector and Shri Jitin Prasada’s fresh perspectives will add to the sector’s contribution to economic growth and job creation. IESA is looking forward to working closely with MeitY in realizing the PM’s vision of a Viksit Bharat and accelerating India’s journey towards becoming a Global leader in Semiconductors and Electronics.”

Passive Storage Investing Celebrates Acquisition of Westerville, OH Project

Noblesville, IN, June 12, 2024 –Passive Storage Investing, a leader in the self storage investment industry, proudly announces the successful acquisition of the Peoples Choice Storage Westerville project. This strategic acquisition marks a significant milestone for the company, enhancing its robust portfolio and demonstrating its commitment to expanding high-growth opportunities in the sector.

The Peoples Choice Storage Westerville facility is strategically located in a thriving market poised for growth, further bolstered by the nearby $20 billion Intel chip factory. This new venture offers investors an impressive 19% targeted internal rate of return (IRR), which measures an investment’s profitability, and a 20% projected average annual return, promising substantial financial benefits and stability.

“We are thrilled to bring the Westerville project into our portfolio,” said Scott Meyers, Founder and CEO of Passive Storage Investing. “This acquisition aligns perfectly with our strategy of targeting high-potential markets. The economic uplift from the Intel chip factory in the vicinity adds a strategic advantage, enhancing our growth and return projections for our investors.”

Lux Shyam Kolkata Tigers Set to Roar in Bengal Pro T20 League 2024.

Kolkata, 12th June 2024: The cricketing landscape of Bengal is all set to experience a transformative chapter with the debut of the Lux Shyam Kolkata Tigers in the Bengal Pro T20 League, commencing on June 11, 2024. Proudly co-owned by Shyam Steel Group and Lux Cozi, the Kolkata Tigers represent the districts of Kolkata and Hooghly, bringing together the best of Bengal’s cricketing talent under a single banner.

The Lux Shyam Kolkata Tigers, one of the franchises in the Bengal Pro T20 League tournament that was initiated by the Cricket Association of Bengal (CAB) are fully geared to demonstrate the strength and richness of the cricketing talent of the state. This league comprising both men and women cricketers, given Bengal’s historical background and legacy, is expected to scale new heights of excellence in the realm of Cricket. While the Skipper for the Men’s team will be the wicket-keeper batsman Abishek Porel; Mita Paul, the right-handed off-breaker bowler, will lead the Women’s team.

Shib Sankar Paul, Head Coach, along with the Assistant Coach Kanchan Maity, will provide coaching to the Men’s team. Similarly, the women’s team will have the privilege of getting coaching from Head Coach Charanjit Singh Nair and Assistant Coach Trisha Bera. With these eminent coaches for both Men’s and Women’s Teams in place, the teams will get the best of their skill and learn cricketing enabling them to face any challenges in the field.

What the Bengal Pro T20 League now looks for is an energetic, enthusiastic, and exciting season; both the Men’s and Women’s Teams comprising 18 members in men and 16 members in women will play 31 matches in the prestigious Eden Gardens and BCCI-certified Jadavpur University Salt Lake campus grounds. The games will be telecast on popular sports channels and digital streaming platforms like Sports 18, Jio Cinema, Fancode, and Air Bangla for wider public view.

Mr. Saket Todi, an eminent industrialist of the State besides being an enthusiastic Cricket-lover, and Founder of Lux Cozi said, “We are thrilled to introduce the Lux Shyam Kolkata Tigers to the Bengal Pro T20 League. “ He added, “Our mission is to nurture local talents and provide a platform to the young boys and girls to shine and make their presence felt on the national and international stage. We believe that the Tigers will become a symbol of pride and excellence for the people of both Kolkata and Hooghly.”

Mr. Lalit Beriwala, a renowned industrialist in the Steel industry and noted philanthropist, Director of Shyam Steel, also spoke in the same vein. He said, “Our commitment to quality and innovations extends beyond the realm of our steel products to the sports arena as well. By co-owning the Kolkata Tigers, he added , “ we aim to foster community spirit, develop sportsmanship , reinforce the passion for cricket among the youth, strengthen their ability to perform better than ever before and ignite in them greater sense of purpose for delivering the best in the field making India proud in Cricket in the same way our celebrated cricketers had done in the past and the present-day cricketers do now.”

Sourav Ganguly, former Indian National Men’s Team Captain and former BCCI President, and Jhulan Goswami, the highest wicket-taker in Women’s One Day International Cricket, have agreed to serve as league mentors, bringing their wealth of experience and providing valuable guidance to the young boys and girls.

As the Lux Shyam Kolkata Tigers prepare to make their mark, they cordially invite their fans to join them on this exciting journey, be partners in celebrating the vibrant spirit and cricketing heritage of Bengal, and help achieve the Team’s goal of making their bond with the people stronger and sustainable like Shyam Steel products and as reassuring as Lux Cozi products. Lux Shyam Kolkata Tigers’ vision spreads far beyond the visible landscape and encompasses inclusivity through sports and athletics for lasting social benefits.

Hernando Beach Yacht Club Announces the 3rd Annual Heroes Boat Parade and Silent Auction

Hernando Beach, FL, June 12, 2024 –The Hernando Beach Yacht Club (HBYC) will host the 3rd Annual Heroes Boat Parade and Silent Auction on July 4, starting at noon. This community event, held in Hernando Beach, is dedicated to honoring veterans and supporting the Florida Veterans Foundation.

The event will feature a boat parade, a silent auction, live music from CMT Top 10 Artist Chas Collins, world class BBQ provided by Hart’s Meat Market, and a vibrant atmosphere that promises fun for all ages. It aims to raise funds for the Florida Veterans Foundation, which provides immediate assistance to veterans in need. The event has quickly become a staple in the community calendar, known for its festive spirit and its noble cause.

Event Details:
– Date: July 4
– Time: 11:30am to 3:30pm – Parade starts at noon
– Location: Hernando Beach Yacht Club, 4163 Shoal Line Blvd., Hernando Beach, FL 34607
– Activities:
Boat parade, silent auction, live music, and more

“The Heroes Boat Parade is more than just a day of celebration; it’s a way for the community to give back to those who have given so much for us,” said Ralph Kennedy, Fleet Captain and Past Commodore at HBYC.

The Heroes Boat Parade will be led by the Island Rose Dinner & Cruise boat, provided generously by Marina Rose Enterprises of Hernando Beach. The silent auction will feature a variety of items and experiences donated by local businesses and community members. Additionally, attendees will enjoy food catered by Hart’s Meat Market of Brooksville, FL.

Ticket Information:
Tickets for the event are available for pre-purchase at $30, with a price of $35 at the door. Further information and ticket purchase options are available on the Hernando Beach Yacht Club’s website.

In addition to raising funds, the event serves as a significant community gathering to celebrate and honor the contributions of veterans. “Each year, we aim to enhance the event to make it more entertaining and impactful,” added Pat Coggins, HBYC Commodore.

Sponsorship opportunities are still available, offering various levels of brand advertising and promotional benefits.

RedBeryl Welcomes Kaizzen Onboard to Elevate Strategic Communications

India, 12th June 2024 — Kaizzen, India’s leading integrated communications agency, is proud to announce its partnership with RedBeryl™, a premier luxury lifestyle management company.

This collaboration aims to enhance RedBeryl’s communication strategy, focusing on brand awareness, thought leadership and reputation management which will subsequently enhance the company’s growth initiatives. RedBeryl offers unparalleled access to the finest experiences, exclusive events, and a dedicated team of lifestyle experts.

Driven by a passion for excellence, RedBeryl paves the gateway to an elevated life, ensuring that each moment is remarkable. The company’s vision is rooted in the vision of the founder; Mr. Manoj Adlakha’s commitment to providing impeccable membership services in India is to curate bespoke experiences that leave lasting impressions.

Commenting on being awarded this mandate, Vineet Handa, CEO of Kaizzen, said, “We are incredibly excited about this strategic partnership with RedBeryl. Their dedication to creating exclusive and personalized experiences positions them as a leader in the luxury lifestyle management sector. Our goal is to amplify RedBeryl’s visibility, enhance its brand reputation, and engage in meaningful conversations with the media.

We look forward to contributing to their communication strategy and supporting their growth trajectory.” Expressing enthusiasm on the collaboration, Manoj Adlakha, Founder and CEO of RedBeryl, said, “At RedBeryl, we believe that life should be full of unforgettable moments. Partnering with Kaizzen resonates with our aim of providing our valued members with unique, tailored experiences.

We are delighted to collaborate with Kaizzen, and their expertise in strategic communications will significantly raise our market visibility and support our ambitious growth objectives.” RedBeryl’s core values of exclusivity, personalization, attention to detail, and exceptional service are at the heart of everything they do. These values guide their mission to deliver unforgettable moments that reflect the individuality of their members.

This collaboration with RedBeryl further diversifies Kaizzen’s portfolio of clients across various sectors such as lifestyle, corporates, HR, start-ups, and technology. Vineet added, “Over the past 16 years, Kaizzen has established itself as a leading multi-practice and full-service PR and digital media agency. We are confident that our expertise will significantly enhance RedBeryl’s public relations and brand reputation, delivering maximum ROI for them.”