Archives March 2023

Join Hands with ‘Racefor7’ – ORDI’s Run against Rare Diseases

The 8th edition of the 7km race for patients with rare diseases will be held in New Delhi on March 12

Racefor7

New Delhi, March 2023: To commemorate World Rare Disease Day, the Organization for Rare Diseases India (ORDI) is holding the 8th edition of Racefor7®️ on March 12 in New Delhi. An annual event by ORDI to raise awareness for the rare disease community and advocate better policies and access to treatment for rare disease patients, RaceFor7 is a seven kilometer walk/run/cycle symbolizing 7000 known rare diseases, the average of 7 years it takes to diagnose a rare disease and the 70 million estimated rare diseases patients in India. The event is open to the general public and will see participation from rare disease patients and their families too. Registration details are available at racefor7.com. Dr Neerja Gupta, Additional Professor, Division of Genetics, Department of Pediatrics, AIIMS, New Delhi and Prasanna Kumar Shirol, Co-founder and Executive Director, ORDI addressed the media.

Besides New Delhi, the event is being held in 12 other cities nationally including Davangere, Mysuru, Ahmedabad, Bengaluru, Mumbai, Kochi, Pune, Kolkata, Chennai, Hyderabad, Lucknow and Thiruvananthapuram.

Dr Neerja Gupta, Additional Professor, Division of Genetics, Department of Pediatrics, AIIMS, New Delhi comments on the race, “Rare diseases now have a special place among many other medical conditions, thanks to the declaration of rare disease policy and steps taken by the government towards its implementation. Despite diagnostic technological advancements, awareness of these conditions at the grassroots level is still required for suspicion and timely referral, which can facilitate early diagnosis and opens the possibility of timely initiation of therapy which is available for a few but evolving very rapidly, improving not only the patient’s but also the entire family’s quality of life. “Treatment without prevention is simply unsustainable,” and this is especially true for genetic diseases where prevention is possible through newborn screening and prenatal diagnosis. We congratulate ORDI members on their unwavering commitment to raising public awareness for recognizing, preventing, and caring for rare disorders through this walkathon.”

“We are thrilled to bring Racefor7 back to an in-person event after a virtual event the last two years because of the pandemic,” said Prasanna Kumar Shirol, co-founder and Executive Director, ORDI. “Racefor7 is one of the world’s largest multi-city events to raise mass awareness about Rare Disease. Racefor7 aims to create awareness and the need of preventive measures to contain Rare Diseases such as Consanguineous Marriages, Prenatal Tests, and Informed decision about childbirth, New Born Screening, Precision Healthcare and Innovation etc. Thanks to the Central Government, today we have a National Policy for Rare Diseases. This is just the beginning of recognition of Rare Diseases in India. We still need to address the many challenges that this patient community faces like complete care and support for all Rare Diseases, Local Drug Development, and Insurance Coverage etc.

It’s time that all the state governments come forward and take the initiative to join hands with the central Government and extend support from their side. This calls for more support and we request all of you to come forward, participate to make this movement bigger by creating more awareness about the Rare Disease patients in India.”

“Need of the hour is indigenous drug development for the rare diseases. The National Rare Disease Policy, 2021 states that pharmaceutical industries would be encouraged to develop drugs for rare diseases. The Department of Pharmaceuticals, Department for Promotion of Industry and Internal Trade (DPIIT) will be roped in to create a conducive policy framework for domestic pharmaceutical companies to focus on the research development and manufacturing of indigenous drugs for curing rare diseases”, comments Mr Samir Sethi – Chairman -ORDI Advocacy Committee and President Indian Rett Syndrome Foundation

Racefor7 is a step towards building awareness for rare diseases as also raising funds to meet the needs of the rare disease community. Globally, Rare Disease Day is observed every year on the last day of February Month. It plays a critical part in building an international rare disease community that is multi-disease, global, and diverse but united in purpose. Though Rare Disease Day is patient-led, everyone including individuals, families, caregivers, healthcare professionals, researchers, clinicians, policy makers, industry representatives and the general public can participate in raising awareness and taking action today for this vulnerable population who require immediate and urgent attention. Racefor7®️ is one such event in India.

Bandhan Bank opens Mega Currency Chest in West Bengal

Bandhan Bank

Kolkata, March 7, 2023: Bandhan Bank announced the opening of its Mega Currency Chest in Kolkata. This currency chest help the Bank in cash management for the 1,757 banking outlets and ATMs in the state of West Bengal.

Shri Gunveer Singh, Chief General Manager, Reserve Bank of India inaugurated the currency chest today. Senior officials were present at the inauguration of the Kolkata currency chest.

The currency chest is situated in New Town area of the city. This is the Bank’s third mega currency chest, the other two being in Patna and Guwahati. This chest would facilitate fresh currency circulation and manage the soiled notes from the economy. It would help the Bank to serve its clientele better.

In West Bengal, Bandhan Bank currently has a customer base of more than 1 crore. The Bank has 182 bank branches in its Kolkata region.

C S Ghosh, MD & CEO, Bandhan Bank commented on the occasion, “While Bandhan has spread its wings across the nation, right from the days of being an NGO to transitioning to an NBFC and finally as a universal Bank, Bandhan has continued to maintain its strength in its home market, West Bengal. We have received the trust and love of more than 1 crore customers in the state. The opening of this currency chest will further strengthen the Bank’s operations in the city of Kolkata in particular and the state of West Bengal in general. It is also a testament to our commitment to the development of the West Bengal and other eastern states of India.”

Quote on International Women’s Day by Mr. Arun Nayyar, Managing Director & CEO, NeoGrowth

Arun Nayyar -

By Mr. Arun Nayyar, Chief Executive Officer, NeoGrowth Credit

“Women entrepreneurs are an inspiration to everyone. Right from a grocer to the owner of a manufacturing unit employing hundreds, women entrepreneurs are the epitome of grit and resilience. Our MSME Business Confidence Study 2023 revealed that ~80% of women MSME owners expect to opt for a business loan in 2023. It is crucial that we support and empower these women entrepreneurs with the necessary tools and timely credit to ensure their continued success.

Lenders such as NeoGrowth are supporting the needs of India’s women business owners by offering inclusive and speedy credit, irrespective of their background. ~25% of our total disbursements are to women entrepreneurs. We must continue to strive towards creating an enabling environment that supports and promotes women-led MSMEs, through a concerted effort from all stakeholders, including policymakers, financial institutions, and society at large. Together, we can build a more equitable and prosperous future for all.”

Paytm signs MoU with Government of Andhra Pradesh at Global Investors Summit 2023, to drive initiatives in Financial Inclusion, Public Health, Cyber Security

One97 Communications Limited (OCL) which owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced that it has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh (GoAP) on the sidelines of the Andhra Pradesh Global Investors Summit 2023. The agreement aims to promote mutual cooperation in the areas of Industrial Development,

Financial Inclusion, Public Health, Cyber Security and Prevention of Financial Frauds in the state of Andhra Pradesh.

The agreement was signed in the presence of Shri Saurabh Gaur, Secretary, Information Technology, Electronics and Communications, Government of Andhra Pradesh, and Shri Vijay Shekhar Sharma, Founder, Managing Director and CEO of Paytm. Under the MoU and in alignment with its mission of bringing half a billion Indians into the mainstream economy, Paytm plans to empower merchants, street vendors, and ChiruVyaparulu (street hawkers) in Andhra Pradesh to accept digital payments and provide them access to loans through its lending partners. Paytm plans to extend its platform to the Government of Andhra Pradesh for providing eGovernment services, which will be conveniently accessible to all Paytm Super App users. Additionally, Paytm plans to empower various GoAP departments to accept digital payments from citizens and businesses, thereby enhancing service delivery for
the people of Andhra Pradesh. The company proposed to also enable the digitization of toll plazas across the state to accept payments digitally.

In the area of Public Health, Paytm proposed to collaborate with the State Health Authority in facilitating seamless OPD appointment booking at government and private hospitals under the forthcoming Unified Health Interface (UHI) programme. As part of its commitment to promote safe and secure digital payments, Paytm plans to be conducting cybersecurity training for Andhra Pradesh police personnel and launch a joint campaign to raise awareness of cybersecurity best practices among citizens, particularly those residing in non-urban areas.

Vijay Shekhar Sharma, Founder and CEO, Paytm said, “We are happy to partner with the Government of Andhra Pradesh in their journey of sustainable development through inclusive growth. We are fully committed to driving Financial Inclusion at the last mile and this partnership is a step in that direction. We will continue to empower the people of Andhra Pradesh by enabling lakhs of small businesses with mobile payments and access to various financial services.”  with financial institutions.

Aditya Birla Sun Life Insurance unveils its new campaign #IsseZarooriKuchBhiNahi

ABSLI_LOGO

Bangalore, March 07, 2023: Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has unveiled the #IsseZarooriKuchBhiNahi campaign to showcase its recently launched “industry-first” product, ABSLI Nishchit Aayush Plan, a non-linked non-participating individual savings life insurance plan, that provides guaranteed income from the 1st policy anniversary (month/year).

#IsseZarooriKuchBhiNahi campaign intends to spread awareness among the viewers while ensuring that it puts a smile on their faces. The integrated campaign communicating this plan is captured through a series of scenarios wherein the protagonists find themselves stuck in unfavourable circumstances like being kidnapped or stuck in a lift. As the film progresses, ABSLI’s advisors find their way to meet the protagonists and humorously inform them about the Nishchit Aayush Plan and its benefits.

Speaking on this initiative, Mr Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance, said, “At ABSLI, our focus is to help our customers with cutting-edge life insurance solutions that provide guaranteed income that too, immediately. It is an excellent investment opportunity that offers an optimal blend of protection and growth, providing peace of mind for you and your family.

The #IsseZarooriKuchBhiNahi campaign perfectly aligns to ABSLI’s vision of revolutionising the way guaranteed savings income plan category operates and the blend of awareness and humour will spread a positive message by instilling inquisitiveness about newer & better investment avenues in the minds of viewers.”

Ms Darshana Shah, Head of Marketing and Customer Experience, Aditya Birla Capital Ltd. said, “Our approach to ABSLI’s new campaign #IsseZarooriKuchBhiNahi is based on simple philosophy of capturing people’s attention by describing the product’s USP (guaranteed income from the 1st policy anniversary (month/year) in an engaging manner. Our new product, Nishchit Aayush Plan will empower the policyholders to leverage guaranteed savings product by decreasing the propensity for risk in their portfolio.”

At the heart of their thinking, Aditya Birla Sun Life Insurance (ABSLI) believes that the product sells itself, however, #IsseZarooriKuchBhiNahi campaign intends to tell the truth interestingly. ABSLI reckons that its recently launched product will revolutionise the industry by transcending the “long term savings” approach of life insurance products & providing upfront guaranteed returns from the 1st policy anniversary (month/year)

aha recognized as ‘Best Entertainment App’ at IAMAI India Digital Awards, reinforcing its position in the regional market

India, 07th March 2023: In another landmark achievement, aha, one of India’s leading regional OTT, has won the Internet & Mobile Association of India’s (IAMAI) India Digital Awards 2023 ‘Best Entertainment App’ Award under the category Best Mobile & App Awards. The awards recognize the best in India’s digital ecosystem, including individuals, companies, and innovations.

Considered the fastest-growing local app, aha, in three years since its inception in 2020, has scaled to 9 million monthly active users, 2 million plus active subscribers, overseas subscribers of over 100k and 32 million app downloads. It is the only app providing 100% local content in Telugu and Tamil, respectively, which includes new content every Friday, first-of-its-kind originals, movies, talk shows, reality shows, games and live news.

aha, endorsed by celebrities Allu Arjun and Vijay Devarakonda, is seen as the most preferred Telugu OTT service, according to industry surveys. It’s also being talked about for its user-friendly features as an app and its unique distribution strategy, which ensures that everyone has access to its original local content through a wide range of channels – from local cable networks to grocery stores in public areas.

The endeavor to make the app the best source for regional entertainment continues. The brand recently announced its plans to invest Rs 1000 crore to expand it into new languages and genres. aha’s promoter, Mr Ramu Rao Jupally, and CEO, Mr Ajit Thakur, also reinforced their commitment to making the OTT service channel a super app in the next three years.

Happy with aha’s latest feat at the digital awards, Mr Ramu Rao Jupally, Promoter of aha said, “We are immensely proud of this recognition, which acknowledges our efforts to contribute to the Indian digital ecosystem through the entertainment sector. aha began with a need to provide new-age entertainment content in Telugu, and today it is synonymous with delivering 100% local content in Telugu and Tamil. We look forward to strengthening this position by bridging the OTT regional content gap across all languages in the next three years.”

Mr. Ajit Thakur, CEO of aha added, “We are thrilled to have received the ‘Best Entertainment App’ award at IAMAI’s India Digital Awards, and it’s an honor to be recognized for our efforts. It further validates the success of aha, given its recent trail of achievements as an OTT service provider of 100% local entertainment. We are committed to further transforming this experience by making it a super app in the next three years with content beyond films and original series; it includes interactive content, gaming and tapping into the hybrid model, which is the future of the streaming platforms.”

aha has, in the past, been awarded the Regional Platform of the Year and Game Changer of the Year at Economic Times SPOTT Awards -2022. One of its talk shows, Unstoppable with NBK, has also been rated No 1 on IMDB and had more than a billion minutes of streaming. The OTT service provider has started working on its plans to launch in Malayalam and Kannada.

Krank appoints Giles Metcalfe as Chief Operating Officer

As COO at Krank, Metcalfe will lead and scale business operations and go-to-market activities to deliver on Krank’s exciting business roadmap and expansion plans.

 Giles Metcalfe

Metcalfe began his career in institutional sales at Legal & General Investment Management. This was followed by strategy, business growth and operations roles at various B2B technology and startup companies, most recently rising to a COO role at the fintech start-up Cobalt. At his time at Cobalt, Metcalfe was pivotal in raising major institutional investment and signing global clients, including Citi and Deutsche Bank. He joins Krank following the company’s transformative deals with US rental giant Maxim Crane and technology company Liebherr, where the unique Krank platform will underpin a large proportion of the companies’ used equipment disposals.

Giles Metcalfe, Chief Operating Officer at Krank.

“I’m thrilled to be joining Krank at such a formative and fast-moving time for Krank’s unique business model,” Metcalfe said of his appointment. CEO and founder of Krank Mark Turner meanwhile, says: “Giles is a very welcome addition to the team – with his experience in growing technology businesses, I am confident he will make a very strong contribution in driving Krank’s rapid expansion.”

From upstart to start up

Metcalfe’s career to date has been marked by his entrepreneurial spirit and lateral thinking – having ran and sold a business by the age of 18 and receiving national newspaper coverage during the financial crisis for his innovative approach to securing his first job in London’s financial district. (Metcalfe stood with a banner and handed out CVs in Broadgate Circle, London – resulting in over 25 interviews in the following weeks.)

India celebrates women’s cricket with a billion plays on Reels from the ICC Women’s T20 World Cup

Chennai, March 07, 2023: Ahead of International Women’s Day, we are sharing insights about the way India celebrated the players and teams at the ICC Women’s T20 World Cup in South Africa. Smriti Mandhana was one the most popular players and India vs. Pakistan match was one of the most popular matches on Instagram, with over a billion plays on Instagram Reels throughout the tournament from India.

Instagram is a place where people can connect, build community and follow the things they love – and Reels is a great way to do that. Cricket is a popular youth interest in India, so the robust conversation and engagement on Instagram during the event was unsurprising. More than 150,000 Reels, with over 140 million engagements related to the matches have been created about the tournament from its start on February 10th to its end on February 26th.

Sandhya Devanathan, Vice President, Facebook India (Meta), said, “We’re excited that our platforms are the home where people can express themselves and support each other. In context to International Women’s Day, that’s very important because we believe in empowering women – whether you’re a consumer, a creator, a business owner, a sportsperson or a fan. We’re happy to see an entire nation backing women in a sport traditionally dominated by men, and that we’ve been able to play a small role in it.”

While a lot of the action was posted from the @icc, @t20worldcup and the cricketers’ Instagram accounts, a squad of content creators were also sent to the host nation, South Africa, to cover the tournament. These creators – Rida Tharana, Saloni Gaur and RJ Kisna – shared reels from a spectator’s lens and collaborated with various teams to create content in a fun way for their audience. You can follow #ReelsSquadIndia hashtag to see more.

Insights from ICC Women’s T20 World Cup:

Some of the most talked about players:

  • Smriti Mandhana
  • Harmanpreet Kaur
  • Ellyse Perry
  • Richa Ghosh
  • Jemimah Rodrigues

Some of the most talked about teams:

  • India
  • Australia
  • Pakistan
  • England
  • South Africa

Some of the most talked about matches:

  • IndvsPak
  • AusvsInd
  • EngvsIndIndvsIre
  • WivsInd

Some of the most popular hashtags: (apart from matches)

  • #t20worldcup
  • #Womencricket
  • #womeninblue

OpenSesame Technology Inc, Japan and Plural Technology, India entered MoU to access each other’s technical capabilities, capacity to deliver worldwide jointly

Hyderabad, March 07, 2023….Plural Technology Private Limited, a global enterprise software services firm based out of Hyderabad India and Open Sesame Technology Inc, an advanced technology services firm, headquartered in Nagoya, Japan, entered into a partnership agreement recently in Japan

The MoU was signed by Mr. Shinobu Morioka Chairman & Managing Director of Open Sesame Technology Inc., Mr. Nitin Baraskar – Co-founder, Mr. Bhanu Prakash Reddy Varla – Director from Plural Technology Pvt Ltd and exchanged the agreements.

Bhanu Varla, led a delegation recently to Nagoya city in Japan. The Japanese delegation is also expected to visit Hyderabad in April, 2023.

“The partnership is to multiply business growth by leveraging each other’s capabilities and customer reach” adds, Mr. Sunil Savaram, CEO, Plural Technology Pvt Ltd.

This partnership agreement allows both the companies to access each other’s technical capabilities, capacity to acquire new business and deliver jointly, worldwide. With this partnership, Open Sesame Technology Inc., also plans to leverage software development operations of Plural Technology Pvt Ltd in India, for backend technology development and support services. Plural Technology Pvt Ltd, serves clients from Automotive, Aerospace, Defence, Medical Devices, Consumer Electronics, Semi-Conductor Devices and Retail industries with a specialization in Product Lifecycle Management solutions. Open Sesame Technology Inc. specializes in modern technology development including AI and ML with proven solutions built for Intelligent Traffic management.

Open Sesame Technology Inc.’s, previous attemptsto leverage an offshore partner in China and Vietnam to grow globally didn’t work out well, during the last 25 years.

“We found a right partner in Plural Technology Pvt Ltd, with matching goals and vision”, said Mr. Shinobu Morioka, Chairman & Managing Director in a joint statement issued in Japan and India today.

Mr. Sunil Savaram, further adds “Our roadmaps are so identical, that it makes a great sense to go on this journey together, for both the businesses”.

By the end of 2025, both companies Open Sesame Technology and Plural Technology Pvt Ltd, together would like to combinedly generate a business of $100 Mn in enterprise technology services and products sales.

Today both Companies employ about 500 employees together. Over next 3 years, Plural Technology would like to add another 1000 technology consultants, about 500 of them also trained in Japanese language. This is a first attempt by any Indian Technology services firm to have a Japanese focused collaboration at this scale.

Plural Technology is working on strategic partnerships with Japanese Language Training Institutes to be able to produce about 500 technology consultants who can also communicate in Japanese.

“Both companies have been serving some of the Fortune 100 and Fortune 500 customers already and would now like to win Mid-market business segment too with this partnership” said Mr. Ajay Patel, Director, Plural Technology Pvt Ltd.

Mr. Rakesh Kumar Jammula – AI specialist, Mr. Hattori Takashi – Technical Head from Open Sesame Technology Inc. were also present at MoU signing

“The friendship between India and Japan is very old and has 70 plus years of close diplomatic relations. The relationship is deep-rooted in centuries-old spiritual affinity and cultural and civilisational ties. The two countries have a shared vision. The pact between two countries will mutually benefit” added Mr Bhanu Varla.

Hero Motocorp Ups the Technology Quotient With New-age Super Splendor 125cc

 Hero Super Splendor XTEC

Bengaluru, March 07, 2023: Further strengthening its highly popular XTEC portfolio to offer a stylish, exciting and cutting-edge range to its customers, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today launched the Super Splendor XTEC. Riding on the trust of the iconic Splendor family, this is the latest addition in the company’s comprehensive range of products in the 125cc segment.

Appealing to the ever-evolving requirements of youngsters, the new motorcycle packs a SUPER punch with its style, connectivity and convenience features. Already loaded with SUPER Power, SUPER Mileage and SUPER comfort, the new variant now elevates the tech-play.

The All-New Super Splendor XTEC comes loaded with features, such as Full Digital Speedometer with Low Fuel Indicator, Service Reminder and Malfunction Indicator. Bluetooth Connectivity with Call and SMS alerts adds to the convenience. The uniquely styled LED Headlamp with High Intensity Position Lamp, and new dual tone stripes enhance the overall look of the motorcycle. The mileage of 68 Km/l makes Super Splendor XTEC a perfect performer.

Launched in two variants, the Super Splendor XTEC is available at Hero MotoCorp dealerships across the country at Rs. 83, 368 (Drum Variant) * & Rs. 87, 268 (Disc Variant) *

*(Ex-Showroom, Delhi).

Ranjivjit Singh, Chief Growth Officer (CGO), Hero MotoCorp, said, “Hero MotoCorp has brought the finest range of cutting-edge, technologically advanced XTEC products in its portfolio of motorcycle and scooters and has created a distinct place for itself among riding enthusiasts in the country. And, with the introduction of the Super Splendor in XTEC avatar, we aim to redefine the experience in the 125cc segment. We are confident that the iconic Super Splendor in its new version is going to add to the growing appeal of our XTEC range of two-wheelers. With this product, we are presenting a whole package to our customers, that scores on connectivity, convenience and design.”