Category business

India, 27th February’2023: PVR Limited, the largest and the most premium cinema exhibition company in India, after the merger with INOX Leisure Limited announced the launch of a new 5-screen multiplex in the state of Telangana today. The new multiplex at Ashoka One Mall on Y Junction in Hyderabad will strengthen the company’s foothold in Telangana with 102 screens in 18 properties and consolidates the merged entity’s presence in South India with 508 screens in 92 properties.

The multiplex is located in Kukatpally, a residential and commercial locality having excellent connectivity to the city’s hotspots. Due to proximity to the IT hub of Hitech city and Gachibowli, Kukatpally has emerged as the preferred locality for professionals working in these IT hubs.

The new cinema is designed to deliver a luxurious experience with an artfully designed L-shaped lobby, a concession counter with a curated food section, and a live kitchen. The five auditoriums having a seating capacity of 1274 with last-row recliners are equipped with advanced laser projection for crystal-clear visuals and spectacular audio experience with Dolby Atmos technology. The live kitchen will serve a variety of gourmet cuisine which the customers can also order through Swiggy and Zomato within the comfort of their homes.

Commenting on the announcement, Mr. Ajay Bijli, Managing Director, PVR Limited, said, ‘’South is an important market for us as people are socially more inclined to movie viewing and has a steady supply of regional content. The immense passion of movie-going audiences results in higher occupancy levels. We are delighted to open our sixteenth property in Hyderabad, under the combined portfolio of PVR and INOX. Hyderabad is home to the Telugu film industry which is the largest in South cinema and produced the highest number of films in 2022. The dubbed versions of many Telugu films got record pan India attendance, becoming a game changer in the history of Indian film exhibition industry”.

Hyderabad, the capital city of Telangana consists of the twin cities of Hyderabad and Secunderabad and is the largest and most populous city of the state. The city has become a hub of trade and commerce and an international centre for information technology. One of the wealthy economies in India, Telangana has a proud history and grand heritage. It is home to some of India’s best educational institutions, public sector and defense companies and a thriving global services sector and film industry.

Commenting on the launch, Mr. Sanjeev Kumar Bijli, Executive Director, PVR Limited, said, “We are super excited to launch another property in one of the highly developed states in India. A city that has an incredible mix of traditions and modernity, Hyderabad has a young population, one of the prime demographical segments of movie going audiences. The state has friendly business policies and is known for its hospitality and multicultural and pluralistic society. Through this new multiplex, we aim to present movie-goers with a go-to hangout place where they can binge-watch and dine together”.

With this opening, the merged entity has strengthened its growth momentum and has opened 143 screens across 26 properties in 21 cities in this fiscal.

Mumbai, 22 February 2023: The requirement for skilled professionals is the need of the hour in India’s job market. According to a report by McKinsey & Company, around 375 million people will have to change their field of work this decade to meet the expectations of employers. Aiming to make jobs more accessible and help users find the right opportunities in India, apna – the largest jobs and professional networking platform – has announced plans to upskill 1 million job seekers by 2024 through apnaAscend.

As a leading professional networking and job platform, apna has played a key role in providing job opportunities for millions of job seekers, especially in the rapidly expanding workforce. Recognizing the urgent need for skilled professionals across various industries, apna has launched a new initiative, apnaAscend, which aims to equip career aspirants with the necessary skills to secure their dream jobs within 4-6 weeks This groundbreaking program will help bridge the skill gap in the job market by providing top-notch upskilling, reskilling, and training to aspiring professionals and connecting them with top companies for relevant opportunities.

In just a few months, around 5,000 students with an equal split Between T1 and T2/T3 cities have enrolled in the program and upskilled themselves, with most aged between 20 and 25 years. Among these, 90% of students have secured job offers from organisations such as Kotak Mahindra Bank, Tech Mahindra, HCL, Bharti Airtel, Bharti AXA, HDFC Bank, ICICI Bank, HP, PolicyBazaar, Shaadi.com and more.

As per a recent International Labour Organisation report, digitization and the growing needs of the care economy are altering enterprises’ skill requirements and hence producing skills mismatch when skill need are not properly addressed. Therefore, due to the ever-evolving dynamics of the workplace and the emergence of new technologies, many job seekers in India are facing roadblocks in their search for employment due to a lack of proper guidance and mentorship.

The guidance is crucial, not just for job seekers, but also for employers who can have their current employees pick up the right skills to move laterally into open positions. In response to these challenges, apnaAscend is specifically designed to offer dedicated, individual attention from designated coaches, a valuable alumni network, one-on-one improvement sessions, and live insights from industry experts hailing from top organizations.

The Union Budget 2023 has highlighted the need to bridge the gap between the skills possessed by the current workforce and the skills demanded by employers, in order to create more job opportunities and drive the economy forward. In this rapidly evolving technological landscape, it is important for everyone to not only have the necessary qualifications but also receive training in industry-relevant skills to secure competitive employment. To this end, apna, a trusted platform with over 30 million users and 4 lac + recruiters, offers a convenient solution to upskill and find suitable job opportunities with the right salary, at a location that suits the user.

Commenting on the growth plans, Karthik Manivannan, COO – apnaAscend, apna, their skilling business line stated, “As a nation with millions of people in the workforce, there is an increasing need to upskill and reskill this talent pool for better opportunities. This need for skilling is reflected in the fact that our business is rapidly growing with rising interest from users and employers. We are committed to making millions of job seekers future-ready to bridge the talent gap. Thanks to robust participation in the apnaAscend program from students across India, we are confident they will be upskilled with the relevant requirements of organisations seeking talent to find their dream jobs.”

With the aim of alleviating persistent unemployment and penetrating deeper into Bharat, apnaAscend will launch more courses for job roles such as sales, relationship management, and analytic & data support services across BPO, hospitality and retail sectors.

These courses will help widen the scope of upskilling students for various job opportunities, especially in emerging technologies. Considering its expanding footprint and bouquet of courses, apna is poised to emerge as the go to platform for placements problems for both job seekers and the Indian industry at large.

Ralph Lauren Fragrances introduces RALPH’S CLUB PARFUM, a new scent that invites you back to experience the greatest night of your life. Present at the glittering evening to introduce the parfum to the city was the charismatic Bollywood actor Siddharth Malhotra.

This fragrance takes on a new, intense expression of Ralph’s Club that combines rich, woody notes and bold, spicy facets. Featuring natural origin ingredients luxuriously crafted to their finest quality, RALPH’S CLUB PARFUM leaves a lingering trail that follows you throughout the night. This highly concentrated fragrance was created for the true mavericks of style and those who inspire others to enjoy the fullness of life around them.

RALPH’S CLUB PARFUM was exclusively crafted by master perfumer Dominique Ropion with notes of Fresh Lavandin and a spicy infusion of Cardamom, blended with warm, woody tones of Patchouli and the extreme intensity of Vetiver.

TOP NOTES: Mandarin Oil, Apple Accord, Cardamom Oil
MID NOTES: Lavandin Heart 2, Clary Sage Heart 1 Oil, Geranium Absolute
BASE NOTES: Vetiver Heart, Patchouli Oil, Cashmeran

The sleek flask is a product of years of craftsmanship, with sharp angles that are cool to the touch and striking black, matte translucent glass. The gunmetal design features a hinge cap detailed with the iconic Ralph’s Club monogram.

RALPH’S CLUB PARFUM is available at top beauty and lifestyle retailers – Shoppers Stop, Sephora, Lifestyle, SS Beauty, Myntra and Tata Cliq and you can get 100ml at Rs.9300

New Delhi, February 27, 2023: Consistent Infosystems, a leading provider of IT hardware, security and surveillance, print consumables, electronics, and home entertainment products in India, launches a new range of versatile desktop ATX tower cabinets. Built with a classic brushed-finished high-grade metal chassis, the new desktop PC cabinets are compatible with all-size motherboards.

While laptops are the future of most computing needs at home or office, desktop PCs are still a necessity for various requirements. Be it simple low-budget PCs or high-end gaming rigs, assembling a desktop PC always requires a strong, rigid, and versatile computer cabinet. To fulfill these requirements of the customers, Consistent has launched 6 new PC tower ATX cabinets — CE001, CE003, CE004, CE006, CE007, and CE008.

The cabinets are built for all sizes of ATX motherboards and are equipped with necessary cooling fans for intake and exhaust to keep the interior hardware cool for effective functioning. The cabinets are made from strong alloys with a thickness of .035 SPCC with an ABS front bezel. The bezels have room for one CD-ROM/DVD-ROM bay, dual USB 2.0 ports, and audio ports, while the side has a large vent for the CPU fan intake. The interiors are large and designed for easy assembly of motherboards, convenient PSU installation, and standard cable management.

Having more than 20+ branches, a team of 300+ employees, and more than 3500+ channel partners, Consistent offers its customers technologically superior products and world-class technical support. The brand has 55+ service centers across the country, where customers can visit anytime to ensure the best after-sales support.

27th February 2023: Gear up to mark your arrival and ramp up your style with Noise’s new round dial smartwatch, NoiseFit Halo. India’s leading connected lifestyle tech brand has announced the launch of a premium trendsetter that flaunts a metallic build and a classy round dial along with an always on AMOLED display. The NoiseFit Halo can be availed from Amazon and gonoise.com at a price range of INR 3,999.

Commenting on the launch, Amit Khatri, Co-Founder, Noise, said, “We are always keen on upgrading our lifestyles, so why not also upgrade our smart wearables? Keeping this in mind, our newly launched premium round dial smartwatch, NoiseFit Halo, is a step up for the ones looking at leveling up their look and marking their arrival in style”

Designed to empower consumers with a premium smartwatch choice in the round dial segment, the NoiseFit Halo ensures a feature-rich upgrade for trendsetters looking for a smartwatch with AMOLED always on display, premium round dial, leather strap, and many more features. It comes with 466*466px brightness coupled with a 1.43” screen, for crystal-clear viewing. Noise, adding to your everyday style quotient has also introduced leather and perforated straps with NoiseFit Halo, that will stay timeless, adding to the style statement while sitting comfortably on the wrist.

The brand’s newest addition comes equipped with smart touch technology offering unique customisation such as double Tap to wake, covering the watch screen during an incoming call – this will put the call on silent and palm control to turn off display. Its IP68 water and dust resistance ensures a seamless experience. The smartwatch also gives access to recent call logs and can also store up to 10 contacts through Noise Buzz, making interaction with the device extremely interactive and hassle free.

The NoiseFit Halo comes packed with an array of wellness features under Noise Health SuiteTM that can keep a track of all your vitals including heart rate, SpO2, sleep monitor, stress measurement, breath practice and female cycle tracker. Users can also keep their daily reminders and weather forecast handy, with the help of its inbuilt Productivity Suite. The smartwatch offers over 100 sports modes and 150+ watch faces.

The NoiseFit Halo is available in the following color options:

Product  Specifications

NoiseFit Halo

New Delhi, 27th February 2023: COAI, the apex industry body representing the digital communications sector in the country, has reiterated its position that the demand of telecom operators for a reasonable ‘usage fee’ from OTT Communication service providers for leveraging their networks to provide profitable services is fair and rational, and would aid in developing the country’s digital infrastructure while contributing to the economy.

Lt. Gen. Dr. S.P. Kochhar, Director General, COAI, stated on the matter, “Certain entities with vested interests are misdirecting the issue of the need for a regulatory framework for the communication OTTs and the need of usage charge to be paid by OTTs to the TSPs, by bringing in the aspect of Net Neutrality in a misleading manner, to make it a populist issue. We reiterate that all our member TSPs are committed to following the Net Neutrality principles as per their licensing conditions”.

There seems to be a lack of appreciation of the fact that net neutrality pertains to the non-discriminatory treatment of content which has no nexus to the usage fee issue. Telecom Service Providers are committed to following the Net Neutrality Principles, as per their license conditions, as also all other regulatory and security compliances that the TSPs undertake to safeguard consumer interest and security – which OTTs presently do not.

The proposed usage charge is to justly meet the funding requirements for creating a robust telecom infrastructure in India, increased revenue for the exchequer, and continued innovation, as is the need of the hour for India’s growing digital ecosystem. It has been proposed that OTT communication services pay a network usage charge to the concerned TSP in a fair and equitable manner for the actual traffic carried by these OTTs on TSPs’ network based on measurable usage. This usage charge will contribute towards the development, maintenance, and upgradation of the network infrastructure.

It is also pertinent to highlight the European Commission’s recent commitment in the Digital Decade Declaration to develop adequate frameworks so that “all market players benefiting from the digital transformation… make a fair and proportionate contribution to the costs of public goods, services, and infrastructures…”.

The revenue collected by TSPs from the OTTs will help the TSPs roll out and expand networks to meet the infrastructure requirements for OTT services. It may also be noted that the revenues thus collected will count towards the TSPs AGR calculations. Hence, the OTTs will effectively be contributing to the national exchequer through the TSPs.

Keeping in mind that a supportive framework needs to be provided to nurture startups, MSMEs, and small enterprises in the OTT ecosystem, COAI has also proposed that such smaller players with low usage need NOT be required to pay the usage charge. In this way, innovation and entrepreneurship would not get affected. The concept of a significant intermediary has been well recognized in various Government guidelines and rules for the imposition of additional obligations on such intermediaries.

OTT platforms take a free ride on TSP-funded networks without contributing to the setting up, operating, and maintenance costs either directly or indirectly or for the expansion of networks through USOF. TSPs invest heavily in network infrastructure and acquiring spectrum, comply with quality-of-service norms, audit accounts, and pay goods and services tax, licensing fees, facilitate lawful interception and monitoring systems whereas, in stark inequality, the OTT platforms owned and operated by huge foreign entities leverage the data to build a subscriber base which they use for substantial direct/indirect benefits – chiefly from advertisements based on data analytics and other monetizing strategies of data collected from subscribers of its platforms. Since most of these OTT platforms are owned/operated by huge foreign entities, this Indian data is used for filling up the coffers of the owners and increasing the GDP of that country. As these platforms are not under the Telecom law presently, their revenues do not contribute to our Economy or Telecom growth because there is no Indian taxation on these operations.

In fact, lately, many OTT communication players are contemplating/already charging subscribers a significant fee for verified accounts, adding further lead to their revenues. “It is ironical that representatives of entities profiting themselves by levying charges on subscribers while riding free on the telcos’ network are stating that paying for usage would effectively raise costs for users,” commented Lt. Gen. Dr. S.P. Kochhar, DG, COAI.

“The fact, though unfortunate, is that the proponents of such OTT service providers wish to continue to have free lunch at the expense of TSPs, while conveniently overlooking the fact that the TSPs continue to invest immensely towards building the nation’s digital infrastructure and delivering connectivity, access and opportunities for inclusive growth to the Indian citizens,” he added.

It is pertinent to note that any entity which creates a property or infrastructure by investing funds, is entitled to take usage charges (rent /lease charges, etc.) from someone who uses the same for commercial purposes. Hence, a legal framework enabling TSPs (who invest in establishing nationwide telecom infrastructure) to charge any user that uses its service/infrastructure is fair and reasonable.

While effectively both TSPs and OTTs provide similar communication services to the same Indian population in the same prevailing environment, in the same geography, engineered over the same application layer of the 7-layer OSI-based IP networks set up by TSPs; they presently operate under different rules which are disadvantageous to the TSPs and the nation.

Cairo, Egypt, 27th February 2023: BOTIM, the UAE’s Ultra app that Astra Tech has recently acquired, and Fawry, Egypt’s leading digital payments platform, have signed a groundbreaking agreement to provide residents in the UAE and GCC countries with a seamless and convenient way to pay bills & invoices in Egypt through BOTIM app and enable international money transfer services.

This first-of-its-kind agreement will allow users in the UAE to transfer money and pay bills in a new and convenient way. Astra Tech is introducing a new service to the BOTIM app called Bill Payments, which aims to make everyday payments easier for users. Under this agreement, Fawry will provide all Egyptians residing in the UAE who use the BOTIM application with solutions to pay utility bills and subscriptions and carry out financial transactions in Egypt. Customers can also withdraw financial money from the UAE through the BOTIM, powered by Payby, application through Fawry’s payment and collection channels. This agreement is a game-changer, providing users in the UAE with a new and innovative way to manage their everyday payments.

By utilizing this new service, users in the UAE and GCC can pay a wide range of bills and invoices in Egypt, such as utility bills, school, and university fees, driving and car licenses, club memberships, and medical and social insurance, through the BOTIM app. Adding to sending money services, Fawry will support the local beneficiaries of money remittance in Egypt to disburse the money through Fawry Channels.

Mr. Abdallah Abu Sheikh, Co-Founder and CEO of Astra Tech, BOTIM’s parent company, said: “We are excited to work with Fawry to bring a seamless and hassle-free bill payment experience to our users in Egypt. This collaboration represents a significant milestone in our expansion strategy, particularly in the promising Egyptian market, and our commitment to driving digital transformation and financial inclusion in the region.”

Eng. Atef Magdy, CCO, Financial Services, Digital Solutions & International Business, added: “The partnership between Fawry and Astra Tech is a concrete manifestation of Fawry’s strategy to attract new segments from various sectors and offer them the benefits of its digital services and solutions. It also reflects Fawry’s unwavering commitment to expanding its financial business and services and reaching the broadest possible audience to provide cutting-edge payment technologies that are both easy and secure. This further strengthens Fawry’s position as a leading platform in the digital payment market and solidifies its position as the preferred choice for Egyptian citizens”.

27^th Feb 2023: The grand inauguration of the 300^th global showroom of Malabar Gold & Diamonds, the 6^th largest jewellery retailer globally with a strong retail network of 300 showrooms across 10 countries, was held in Dallas, USA. Ms. Susan Fletcher, Collin County Commissioner and Mr. Jeff Cheney, Mayor of Frisco, Texas, jointly inaugurated the showroom in the presence of Mr. Shamlal Ahamed, Managing Director – International Operations. The event was virtually attended by Mr. M P Ahammed, Chairman, Malabar Group; Mr. KP Abdul Salam, Vice-Chairman, Malabar Group; Mr. O Asher, Managing Director – India Operations, other team members, well-wishers and dignitaries.

“It is a moment of great pride for us as we touch the 300^th mark with this new showroom in Dallas, USA. We started off with a small showroom in Calicut, Kerala, India and today, in less than 30 years, we have a strong retail presence of 300 showrooms across 10 countries; all thanks to our customers, shareholders, employees and other stakeholders. We will continue to strengthen our retail presence in the regions where we have established a robust presence, as well as enter new markets with our differentiated products, services and assurances. The acceptance and patronage received by the brand gives us the confidence to further speed up the expansion process in becoming the No: 1 jewellery retailer globally,” said Mr. MP Ahammed, Chairman, Malabar Group.

Malabar Gold & Diamonds currently operates in 10 countries and has immediate expansion plans into the UK, Bangladesh, Australia, Egypt, Canada, Turkey, South Africa. The future expansions are expected to create approximately 6,000 job opportunities in the retail, manufacturing, technical and management areas related to jewellery trade.

“Malabar Gold & Diamonds has played a vital role in making Indian jewellery more acceptable and trustworthy at the global level in recent years. We are now crafting unique experiences targeting the individual and specific preferences of our customers. As the design discovery and initial decision-making of most customers are happening online these days, we are focusing greatly on strengthening our omnichannel retail strategy, for which we are making use of the services of global technology giants like Microsoft, IBM, Accenture, E&Y, Deloitte etc.”, said Mr. Abdul Salam KP, Vice Chairman, Malabar Group.

Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience, and customer-friendly policies along with the ‘Malabar Promise’ of incomparable quality and service assurance. Malabar Promise includes assured lifetime maintenance from any of the showrooms across 10 countries, guaranteed buyback, IGI and GIA-certified diamonds ensuring 28-point quality check of global standards, zero deduction gold exchange, complete transparency, 916 hallmarked pure gold, responsible sourcing, fair price policy and fair labour practices.

“We are very excited about our future growth plan and will immediately be expanding into new markets, including the UK, Bangladesh, Australia and Canada, followed by Egypt, Turkey & South Africa. Apart from this, we will further strengthen our retail footprint within the existing markets as well. We constantly make efforts to evolve in line with the diverse preferences of our multicultural and multinational customers, as part of which we will focus further on product variety and a superior shopping experience, in addition to opening more stand-alone stores for local customers of the respective regions”, said Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds.

The new showroom in Dallas has a stunning display of more than 30,000 jewellery designs from 20 countries across gold, diamonds, precious gems and platinum, catering to the design preferences of those residing in and around Dallas.

“We have an ambitious retail expansion plan in India as well, especially in the North and Central Indian states and are gearing up in a big way to enter new territories as well by setting higher standards in the jewellery trade. We understand the sensitivity of the industry and ensure compliance through responsible sourcing, ethical business practices, and transparent and professional fund management. Our association with trade bodies, financial houses, and government regulators help to ensure that our operations are infallible globally”, said Mr. O Asher, Managing Director – India Operations, Malabar Gold & Diamonds.

“We will further strengthen our manufacturing capabilities to support our retail expansion drive globally. We will also be hiring skilled artisans and related staff as part of this process. This will also further bolster our mission, “Make in India, Market to the World.” Keeping in line with the brand’s outlook as a responsible jeweller, all our ongoing and upcoming facilities have and will be designed to provide safe and pleasant working conditions to the employees”, said Mr. Nishad AK, Group Executive Director, Manufacturing & B2B, Malabar Group.

Malabar Group believes that the most successful companies are those which integrate responsibility and sustainability into their core business and commit 5% of their profit to support socially responsible purposes both in India and abroad, since its inception in 1993. Hunger, Health, Education, Women Empowerment, Housing and Environment are the key focus areas for the Group.

India, 27th February 2023: One of India’s leading academic institution of eminence, Manipal Institute of Technology, has today announced their partnerships with Universiti Malaysia Pahang (UMP) in Malaysia, National Agriculture and Food Research Organization (NARO) in Japan, and Institute of Defence Scientists and Technologists (IDST) and Elcom Innovation. The MoUs are aimed to encourage skilled based learning as well as create a robust platform for international knowledge exchange.

The Memorandum of Understanding (MoU) with Universiti Malaysia Pahang and National Agriculture and Food Research Organization – Japan, will enable students and faculty at MIT to collaborate on research projects, redefine pedagogies and enhance knowledge exchange. On the other hand, the partnership with Institute of Defence Scientists and Technologists and Elcom Innovation will integrate work-based learning into the curriculum.

Sharing his view on the recent collaborations, Dr. (Cdr). Anil Rana, Director MIT, said, “At MAHE/MIT, our undivided focus has been to create an enriched learning experience for both our students and faculty. Internationalization of education, especially post the COVID-19 pandemic, is a crucial element globally. In fact, it is one of the key themes for MAHE this academic year. Over the last 10 years, we have partnered with 80+ international institutions across practices. This association with NARO and UMP is an extension of our efforts to build strong research capabilities and to develop joint learning programs.”

“Strengthening India’s defence technology is a key instrument in our Make in India vision. Over the last few years, the demand for engineers in this domain has significantly increased. At MIT, we place a strong emphasis on understanding the market dynamics and curating relevant courses for our students. The alliance with IDST and Elcom is an extension of this commitment and we are optimistic that it will create avenues for skill-based learning for our students”, added Dr. Rana, Director MIT.

With NARO, a primary institute in Japan focused on R&D in agriculture and food, students of MIT Manipal will be get enhanced opportunities for agricultural research and exchange of bio specimens. This collaboration with NARO would also pave the way for a closer relationship with Japan, a country known for its agricultural, farming, and fishing expertise.

On the other hand, the MoUs with academic institutes such as Universiti Malaysia Pahang (UMP) and Institute of Defence Scientists and Technologists (IDST), and with industry player like Elcom Innovation (which specializes in the fields of technology), will not only foster technical knowledge among faculty and students but will also lead to innovative M Tech courses focused on electronics, communications and defence technology.

These partnership marks MIT’s 05th MoU in FY 22-23. Over the course of the last year, the university has made many strategic partnerships with domestic and international universities, industry bodies, international research organizations and many more to accelerate skill based and research oriented enhanced learning for the students.

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Bengaluru, February 27, 2023: Explorex, a restaurant focused full-stack SAAS fintech start-up, has partnered with MSwipe, to facilitate streamlined payment solutions to their partner restaurants. This partnership will help the company in delivering one of its key USPs, which is auto settlement of tables and elimination of night audits. This helps in bringing a huge amount of relief to the restaurant staff because manual audits consume 2-3 hours of the staff’s time everyday post the restaurant closing operations for that day.

Explorex looks at disrupting the restaurant industry with its full-stack solution while also aiming at empowering business owners to nurture their dreams with care. Explorex does not only build software tools but also dedicates itself to creating an ecosystem for the restaurant industry that has never existed before. The company wants to empower restaurants to drive operational, financial and customer excellence to redefine the restaurant experience. The company has assisted more than 300 restaurants across India.

Sharing thoughts on the partnership with MSwipe, Mr. Mainak Sarkar, Co-Founder & CEO, Explorex, said, “At Explorex, our vision is to provide a holistic range of services to our clients, which will act as a one-stop solution to all their requirements. We understand the gap that is present in the larger hospitality industry and we try to integrate our software in a way that would help our clients streamline operations, making them hassle-free. In the two years of service, we have partnered with several restaurants across India. Our partnership with MSwipe is another step towards our goal, where we aim to make payment processes more swift and easy.”

Speaking about the partnership with Explorex, Mr. Ketan Patel, CEO, MSwipe, said, “Explorex is not just a software company, it believes in building products with empathy, just like us. Hence, the vision alignment process between both companies was super smooth. Streamlining an industry that has been operating with age-old methods is a huge task and the innovations that they have done for the restaurant industry are nothing short of spectacular. Building tools to eliminate night audits & auto settlement of tables is something no one in the industry is currently doing & we are happy to play a part in it. We believe in their vision and product as they are very unique, different from the market and new.”