Category business

Mumbai,22nd May 2023 Tejas Rathod, Co-founder & Chief Operating Officer and Kunal Kothari, Co-Founder & Chief Growth Officer of Mobavenue, shine bright on the illustrious Forbes Asia’s 30 Under 30 list.

Mobavenue is a growth and tech platform that empowers brands, agencies, and media publishers with MarTech and AdTech solutions to drive growth, engagement, and monetisation. Cofounders Tejas Rathod and Kunal Kothari share a significant moment of their success as they mark their presence in the esteemed 30 Under 30 Forbes Asia List. With boundless enthusiasm and unyielding dedication, they have emerged victorious, etching their names among a select group of young visionaries recognised for their phenomenal achievements.

On entering this list, Tejas said, “Being recognised as an honouree in the 30 Under 30 Forbes Asia list is a remarkable achievement for us. This honour is the high point of consistent hard work, relentless nights and the unwavering support of my team, colleagues, and associates. I am excited to leverage this recognition to inspire and empower other aspiring entrepreneurs to pursue their passion.”

Kunal, who was equally excited, said, “I am grateful and honoured to join the esteemed Forbes Asia 30 Under 30 club. This recognition not only fuels my motivation to push boundaries and drive innovation, but it also highlights the incredible potential of young entrepreneurs to bring their purpose come to life. From being bootstrapped from a handful of people to having over 100+ talent in the organisation with a global presence is a dream come true.”

It has been a remarkable journey for Rathod and Kothari, who met while pursuing a computer diploma at Thakur College in the suburbs of Mumbai. A $100 cheque received from Google for freelancing blogging done together got them started on the next leg of their journey.

After college, the duo started a digital marketing company in 2014. Eventually, they launched Mobavenue in 2017 to solve the problem of showing ads based on contextual advertising and prioritizing a privacy-first approach.

Pune, 22nd May 2023: Intangles Lab Pvt. Ltd., one of India’s fastest-growing Digital Twin solutions providers, has announced the launch of its Ambient Cognitive AI Technology for Electric Vehicles (EVs). The suite of cutting-edge algorithms has been specifically developed to tackle range anxiety, one of the most significant obstacles in large-scale EV adoption for the commercial vehicle industry.

EVs have been found to deliver, on average, 12.5% below their advertised range, according to a study published by SAE International. The study also revealed that only 17% of the tested EVs exceeded their estimated range. As per SAE recommendations, EVs are allowed an adjustment factor of 0.7 or higher, which means that the real-world range can be up to 30% lower than the calculated range. Inconsistent State-of-Charge measurements and unreliable Distance To Empty (DTE) readings have long plagued EV fleets, leading to ad hoc charging sessions which cause unexpected disruptions and inefficiencies. Intangles’ platform provides a comprehensive solution by assimilating weather predictions, forecasts around motor performance and vehicle dynamics while also compensating for battery degradation over time.

“Our models are able to reach accuracies of 94-96% across varying driving conditions, thus supplementing range projections on vehicle HMIs (Human Machine Interfaces),” said Co-founder and Head of Analytics, Aman Singh. “Our technology will undoubtedly help accelerate EV adoption by addressing one of the biggest concerns among fleet operators – range anxiety.”

Accounting for varying driving conditions across diverse geographies and different time periods of the day, Intangles’ AI models perform multi-parametric forecasting across diverse variables, including motor torque, vehicle speed, ambient temperature guiding cell chemistry and sunset-sunrise trends which influence the use of HVAC and lighting. This approach enables consistently accurate range predictions across dynamic driving ecosystems. Fleets can now plan their routes and deploy charging infrastructure more effectively.

“The technology has been designed to cater to a variety of EV platforms, ranging from last-mile mobility three-wheelers to heavy commercial vehicles. Our platform has the potential to benefit various segments, including e-commerce, last-mile logistics, long-distance freight and passenger transport. Our focus is to provide a comprehensive and reliable solution that can optimize range estimation for EVs, reduce charging downtime, and improve overall energy efficiency for the consumer,” said Co-founder and CEO, Anup Patil.

With the launch of this innovative technology, Intangles is positioning itself as a leader in the development of physics-informed machine-learning solutions for EV performance monitoring. The platform provides meaningful insights into battery usage, motor health and energy-efficient driving behavior, enabling EV fleets to plan their routes and charging sessions more efficiently.

New Delhi, 22nd May 2023 MAXHUB, the world’s leading interactive and collaborative solution brand, is set to launch its new AI-enabled interactive flat panel solution in India at the AV ICN, Palm Expo, Mumbai, booth number C 01, Hall 2, from May 25th to May 27th, 2023. MAXHUB is debuting these EdTech products and solutions to establish new benchmarks in the Indian education and corporate sectors.

The audio-visual (AV) business has recently seen an increase in the adoption of technology for remote collaboration, distance learning, and hybrid working. As a result, there is a huge demand for interactive solutions from MAXHUB. With its flexible products and solutions, the CVTE Group—a world leader in manufacturing LCD/LED systems—offers its consumers a convenient, intelligent, cost-effective, and fruitful communication experience under the brand name MAXHUB. MAXHUB products are AI-enabled making communication seamless, easy and convenient- interactive displays, cameras, and unified communication bars.

Commenting on the same, Rohit AK, Head of Corporate Business said, “Our technologically (Superior)cutting-edge products make your meetings and hybrid work/learning experience significantly efficient, intuitive and productive; thus, we anticipate huge growth and demand in the SAARC and Indian regions. We are very excited to introduce yet another outstanding selection of products at the AV ICN Palm Expo. Our unique, all-in-one interactive and collaborative solutions are an amazing choice for many applications, such as conference rooms, Training rooms, classrooms, and boardrooms. We are excited to introduce these solutions which are rich in their adaptability and will set apart from other unified communication products, thereby offering our customers fantastic value and elevating their overall experience.

These products, which come in a range of sizes and pricing points, offer a wide selection of products which can be suitable for a wide range of collaboration and learning environments

Kolkata, May 19, 2023: HDFC Pension Management Company Ltd., the fastest growing legacy Pension Fund Manager under the National Pension System (NPS) has crossed the milestone of Rs. 50,000 cr. of Assets Under Management (AUM) on May 15th 2023. Since its launch in 2013, the Company, a wholly owned subsidiary of HDFC Life Insurance Company Ltd., has grown at a fast rate (see table below). The AUM size has grown 400% in a span of thirty three (33) months from a base AUM of Rs. 10,000 Cr. which was achieved in July 2020.

HDFC Pension is the fastest growing legacy Pension Fund Manager in India, under Retail and Corporate NPS segments with the highest number of subscribers (15,00,000+ as on 1st May 2023).

Speaking on this milestone, Sriram Iyer – Chief Executive Officer, HDFC Pension said, “This is a very proud moment for us. We are delighted to have crossed this milestone of Rs. 50,000 cr. AUM and this validates our strong presence. This achievement becomes even more significant as we complete ten (10) years of business this year. This milestone is a reflection of the trust placed in our organization by our esteemed subscribers. We would like to thank our subscribers, Corporate partners, Points of Presence (POPs) and distributors for the confidence and trust they have shown in us and their support that has enabled the Company to grow over the years.

Every working individual needs an avenue to secure their future after retirement. NPS as a financial product plays a critical role in the process of retirement planning. The superior returns, attractive tax benefits, and low charges make for a strong customer proposition. With our AUM crossing the threshold of Rs. 50,000 cr., the effective Fund Management Charges for our subscribers will reduce further, making the product more cost effective. I hope more and more Indians opt for this instrument, thereby securing their golden years.”

HDFC Pension has been awarded as the ‘Best Performing PFM’ by Money Today for 3 consecutive years from 2019 to 2022.

Shamir Tandon, a renowned composer known for his work in various Bollywood films, providing music for songs and background scores. Tandon has collaborated with several prominent artists like Lata Mangeshkar and Asha Bhosle, Manna Dey, Jagjit Singh and has contributed to the soundtracks of popular movies like Page 3, The Body, Bal Ganesha as well as the recent release Nawazuddin Siddiqui-Bhumi Pednekar starrer Afwaah. The artist recently shared his experiences collaborating with cricket legend Sachin Tendulkar and playback singer Sonu Nigam as his song has been trending ever since the celebrated cricketer Sachin Tendulkar turned 50! Featuring the Master Blaster himself, along with playback singer Sonu Nigam, the viral song ‘Sachin’s Cricketwali Beat’ has been composed and co-written by ace music director Shamir Tandon.

Released in 2017, this unique jugalbandi between the Master Blaster and Sonu Nigam took the internet by storm, thanks to Tandon’s brilliant composition. In addition to this, the beats and the lyrics of the song are catchy and polished, making the song a perfect one to vibe. The music and animation inculcated in the video is just like the cherry on the cake.

Shamir Tandon and Varun Likhate, the lyricists behind the trending track have added cricketing jargon like “Straight-drive”, “Cover-drive”, “Off-drive” giving it a rhythmic and dance feel to the listeners and giving justice to the title ‘Cricketwali Beat pe’. The highlight of this catchy song is when Sachin mentions the name of all the cricketers who have contributed in the 6 World Cups.

“God has gifted Sachin not just on the ability of sports or being a great human being but also in the facets of art and culture. This track was most shared on whatsapp on his 50th birthday and the reason for the song’s virality was because of the co-operative nature of the whole team, including Sachin Tendulkar. Every note that Sachin sang was tuned so perfectly that we could categorically refer to Sachin’s new career as singing.” says Shamir Tandon.

The composer further went on to add, “The global Cricketer Sachin Tendulkar was so well-prepared during the rehearsals that I did not get the chance to say something like ‘yeh line thik nhi lag raha fir se gayiye’ (this verse needs to be re-recorded as it’s not sounding right). Sachin really didn’t require a pitch corrector because he could sing at the appropriate pitch.”

Through this video conceived and curated by Shamir Tandon, Sachin Tendulkar and Sonu Nigam have conveyed their gratitude to the country’s greatest cricket stars as he mentions every prominent cricketer who Sachin had played the 6 World Cups with. The audience cheering “Sachin, Sachin” in the video is so surreal and just gives the audience the feels of a proper stadium.

Shamir Tandon was impressed with Tendulkar’s singing skills and preparation, which was evident during rehearsals. He stated that Tendulkar didn’t require a pitch corrector because he could sing in the right tone. “Despite being a shy person, he became quite comfortable as I kind of upped the masti (fun) quotient when we were filming the video. We did not require a pitch corrector on his voice because he was singing in the right sur (tone). It was fantastic, and I’m thrilled that the song is still popular now,” concludes Shamir Tandon. The song has been trending on social media as well as YouTube where it has raked in over 6.3 Million views and 115K likes to date.

New Delhi, 2023 – Gautier, a France-based home furniture designer, manufacturer, and retailer with stores worldwide, announced its re-entry into the Indian market for the third time. Gautier will be working with the world’s largest franchise consulting firm, Franchise India, to ensure that this entry is successful.

The company plans to set up stores over 3,000-5,000 square feet across metros and large cities, primarily in the South to begin with. While at present, it will import all furniture from France, there are plans to set up a manufacturing line as the Indian business scales up.

With a legacy of over 60 years, Gautier Furniture has established itself as a leader in the global furniture industry, synonymous with luxury, elegance, and functionality. The brand’s unique designs and exceptional craftsmanship have won the hearts of customers across the world, making it a sought-after brand in the furniture market.

Franchise India is playing a crucial role in helping Gautier to expand its presence in India. Franchise India is consulting and providing Gautier with market research, analysis, and guidance on the best strategies to enter and succeed in the Indian market. They are also helping Gautier identify potential franchise partners and establish franchise agreements with them.

Mr. Gaurav Marya, Founder, Franchise India said, “Gautier has been successful in the Gulf, with most buyers being of Indian origin, which has attracted them for a re-entry. Gautier is re-entering India. While initially it is exploring franchisee routes to set up a couple of stores with local partners, eventually it may take the equity route. The brand is still strong in India.The size of the furniture and home décor market in India is around $25-billion, of which around 14-15% is organised. India has become an attractive market for European companies, given their overseas expansion and business hit due to the Russia-Ukraine war and recession in most European nations.”

“I am very excited about Gautier’s entry into India. It is a significant milestone for our brand, and we are eager to share our unique French designs and quality furniture with the Indian market. We are confident that Franchise India’s expertise and support will help us establish a strong presence in India and provide customers with a world-class retail experience. Our aim is to create beautiful, functional, and sustainable furniture that resonates with Indian customers and enhances their living spaces.” – Richard Ravel,Managing Director, Caucasus chez Gautier France

Delhi, 22nd May 2023: Mrunal Thakur known for her remarkable performances in both Bollywood and the digital space has made her dazzling debut at the Cannes Red Carpet with GREY GOOSE.. With their shared commitment to excellence, GREY GOOSE and Mrunal created an unforgettable experience at the festival.

To mark this momentous occasion amidst their remarkable journey, GREY GOOSE partnered with FALGUNI SHANE PEACOCK at the Cannes Film Festival to create Mrunal’s custom looks. Together, they presented a fashion-forward narrative that emphasized the importance of focusing on the journey rather than the destination.

Mrunal’s red carpet debut symbolized a pivotal movement in her career, reflecting her journey from India to the International Stage. Her undeniable talent, combined with GREY GOOSE’S timeless allure and Falguni Shane’s design sensibilities brought a touch of glamor and sophistication, setting a new standard for red carpet appearances.

Mrunal wore an ivory evening gown by Falguni Shane Peacock. The fitted gown has strategically placed cutouts that add a touch of modernity. Adding a whimsical touch to the gown, delicate frills cascade gracefully in the front. The gown is replete with a waist cape that falls elegantly over the waistline, creating drama and a visual impact. Exquisite and intricate silk threadwork embroidery, sequins, acrylic applique, and opaque stones adorn the bodice of the gown. An elegant trail with feathers completes the ensemble.

Speaking on the occasion Mrunal Thakur adds “ Representing GREY GOOSE at the Cannes festival and being a part of this iconic celebration of creativity has been an honor. Collaborating with Falguni Shane added an extra layer of excitement to my red carpet-appearance.

Speaking on the occasion Falguni Shane adds “For Mrunal (Thakur), we’ve created an ivory-hued evening gown that exudes sheer elegance and fashion-forward allure. The gown’s fitted silhouette and the strategically placed cutout’s accentuate Mrunal’s curves and adds a touch of sensuousness and modernity to the look. These artfully crafted cutouts reveal just the right amount of skin, creating a tantalising balance between sensuality and refined charm. The gown celebrates Mrunal’s grace and sophistication. It pays homage to the country’s heritage, showcasing the unparalleled craftsmanship and attention to detail that have been perfected over generations,”

New Delhi,22nd May 2023 Taj City Centre, Gurugram, a part of the Indian Hotels Company Limited (IHCL), has announced the introduction of an Electric Vehicle (EV) charging station and an on-site bottling plant. This initiative stems from the shared commitment of IHCL and HB Estate Developers Ltd. to promote sustainability and reduce the hotel’s environmental impact.

The demand for EVs has witnessed a substantial rise due to the Indian government’s decision to prohibit diesel cars in major cities nationwide by 2027, coupled with the domestic EV market’s remarkable growth at a Compound Annual Growth Rate (CAGR) of 49% between 2022 and 2023. In response to this trend, Taj City Centre, Gurugram has installed two EV charging points equipped with 7.4 KW DC chargers.

Furthermore, the hotel has taken an additional step towards environmental stewardship by installing a high-capacity bottling plant capable of producing 500 bottles per hour. This measure has effectively eliminated the usage of single-use plastic bottles, thereby reducing the carbon footprint generated by guests during their stays.

Vijay Sehgal, the Director of Engineering at Taj City Centre Gurugram, remarked, “As custodians of Indian hospitality, the team at Taj City Centre Gurugram remains committed to investing in a more accessible and sustainable future.” He further added, “We are delighted to launch these initiatives, aligning with our dedication to embracing greener practices and meeting the growing expectations of environmentally conscious guests.”

The launch of the EV charging station and on-site bottling plant is in line with the hotel’s mission to establish and expand its own sustainable ecosystem, driven by the legacy of IHCL and the inherent values of Paathya.

Mumbai 22nd May 2023  Tata Hitachi, a leading provider of Construction and Mining Equipment, announced its First Edition of the Annual Financiers’ Summit and Awards Show – Synergie 2023 at ITC Maratha, Mumbai.

Synergie 2023 – a Summit and Award Show for Financiers – gives Tata Hitachi a forum to thank Finance Partners and recognize their efforts by rewarding top performers. It also provides a unique platform to engage and co-create better financial solutions for our esteemed customers.

Speaking on the occasion, Mr Sandeep Singh, Managing Director Tata Hitachi said, “It gives me great pleasure to host Synergie 2023 – the First of an Annual Summit to felicitate our Finance Partners. Financiers are an important stakeholders in our Construction Equipment ecosystem.

We believe that this summit will help further strengthen our relationship with our Finance Partners and help us to continue to grow and innovate.”

The chatbot market is experiencing rapid growth, fueled by the advancements in artificial intelligence (AI) and the rising demand for personalized customer interactions. Projections indicate that the market is set to reach an impressive USD 15.5 billion by 2028. In this ever-evolving landscape, it’s crucial to keep an eye on the top AI conversational brands that are reshaping the chatbot industry and revolutionizing customer engagement. These innovative players are leveraging AI technologies to deliver seamless and interactive experiences, transforming the way businesses interact with their customers.

Google Dialogflow:

Google Dialogflow is a powerful AI conversational platform that enables developers to build and deploy chatbots across multiple channels. With advanced natural language understanding (NLU) capabilities and integrations with Google Cloud services, Dialogflow empowers businesses to create intelligent and context-aware chatbots.

Haptik:

Haptik is a leading AI conversational platform that specializes in chatbot development and virtual assistant solutions. Their platform leverages natural language processing and machine learning to enable businesses to build intelligent and context-aware chatbots that can provide personalized customer experiences across various industries.

IBM Watson Assistant:

IBM Watson Assistant is an AI-powered conversational platform that leverages natural language processing and machine learning to enable businesses to build and deploy chatbots and virtual assistants. With its extensive capabilities, Watson Assistant enables organizations to provide personalized and interactive customer experiences.

Amazon Lex:

Amazon Lex is a chatbot-building service offered by Amazon Web Services (AWS). It uses deep learning algorithms to understand and interpret natural language, allowing developers to create conversational interfaces for applications and devices. Amazon Lex integrates seamlessly with other AWS services, enabling businesses to leverage the power of the cloud.

Microsoft Bot Framework:

Microsoft Bot Framework provides a comprehensive set of tools and services for building and deploying intelligent chatbots. With its wide range of development options, including SDKs and frameworks, Microsoft Bot Framework empowers developers to create conversational agents that can interact with users across multiple platforms.