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Father’s Day is the perfect occasion to honor the incredible dads who have filled our lives with love, laughter, and guidance. So, whether your dad is a stylish trendsetter, an outdoorsy adventurer or a tech enthusiast, Etsy offers a wide array of products that cater to all kinds of fathers.

With Etsy’s diverse and creative offerings, you can find the ideal gift that reflects your dad’s individuality and showcases your deep appreciation for him. So, let’s make this Father’s Day unforgettable by selecting a gift that resonates with his passion, brings a smile to his face, and serves as a heartfelt token of your admiration.

Below is a range of products to choose from that will make this father’s day truly special.

For the stylish dad

Men’s printed short kurta

Crafted with care by a seller from Maharashtra, this versatile piece of clothing combines traditional charm with modern aesthetics, making it an excellent choice this Father’s Day. The printed patterns add a touch of elegance and uniqueness to the kurta, allowing your father to stand out in style. Made from comfortable and breathable fabric, this kurta ensures a relaxed and comfortable fit throughout the day. Whether your father wants to dress up for a special occasion or simply wants to embrace his cultural heritage, this printed short kurta will make an excellent gift that he will cherish for years to come.

Men’s bracelet

This Father’s Day, surprise your dad with a stylish and meaningful gift that he can wear with pride – a men’s bracelet shipped from London. With its masculine design and fine craftsmanship, a men’s bracelet is a thoughtful accessory that complements his personal style and adds a touch of sophistication to any outfit. Whether he prefers a classic band, a sleek metal design, or a combination of materials, there’s a bracelet that suits his unique taste. Celebrate your dad’s unwavering support and guidance with a men’s bracelet that reflects his strength and character, making this Father’s Day truly memorable.

For the dad who’s into home deco

Ceramic lamp

Handcrafted in Lithuania, this beautiful ceramic lamp can make a thoughtful and stylish Father’s Day gift. Ceramic lamps are not only functional but also add an aesthetic touch to any room. They come in various designs, colors, and patterns, allowing you to choose one that suits your father’s taste and the decor of his space. A ceramic lamp can serve as a practical yet decorative item that enhances the ambiance and lighting of his study, bedroom, or living room. It’s a gift that combines functionality and aesthetics, making it a meaningful gesture to show your appreciation for your father’s presence and to enhance his living environment.

Curated by a seller from Mumbai, this vintage wall clock can be a wonderful Father’s Day gift for your father, especially if he appreciates decor and has a fondness for vintage and retro aesthetics. This unique and stylish wall clock adds a touch of nostalgia and sophistication to any room. With its artistic design and meticulous craftsmanship, it’s more than just a timepiece – it’s a piece of art. The combination of vintage charm and Art Deco influences creates a captivating visual appeal that will surely catch your father’s eye. Not only will it serve as a functional and reliable clock, but it will also become a conversation starter and a statement piece in his home or office.

Handcrafted cutting-chai glasses

Chai glasses hand-painted with vibrant designs can be a delightful and unique Father’s Day gift for your tea loving father. These artistic glasses handcrafted from Jaipur not only enhance the tea-drinking experience but also add a playful and colorful touch to his kitchen or dining area. Each hand-painted glass is a work of art, showcasing intricate patterns and bold colors that make them stand out. These chai glasses bring a sense of joy and whimsy to the daily ritual of sipping tea. With their distinct and personalized designs, they reflect your father’s individuality and make him feel appreciated.

Men’s wood watch

Handcrafted with passion and attention to detail, these exquisite wood watches are created by a seller from Hong Kong. With their smooth finish, comfortable fit, and precise movement, these watches offer both fashion and function. Not only will your dad be able to keep track of time in style, but he’ll also be supporting independent artisans and their commitment to sustainable practices. Gift your father a men’s wood watch this Father’s Day and let him embrace the elegance and eco-friendly charm that this extraordinary timepiece embodies.

Product Link: Here

Make your dad’s day with these unique products from across the globe and on the rare occasion that something goes wrong during the buying process, Etsy’s Purchase Protection Program allows buyers to shop confidently, knowing they will receive a full refund for qualifying orders in case the product does not arrive, arrives damaged or differs significantly from the item description or images.

Mumbai,9th June 2023PayMate India Limited (“PayMate” or the “Company”), a leading digital business-to-business (B2B) payments and services provider today announced that the Company multiplied its footprint across more regions in Central Europe, the Middle East, Africa (CEMEA), and the Asia Pacific (APAC); in addition to India and the UAE. The move comes six months after the Company announced its foray into Singapore, Sri Lanka and the Kingdom of Saudi Arabia. PayMate has incorporated and registered its entity in four more markets – the Sultanate of Oman, South Africa, Malaysia and Australia. In Australia and South Africa, the company has incorporated under the trade name DuNoMo as a wholly-owned subsidiary of PayMate India Ltd.

PayMate will offer its B2B payment automation solutions to small and medium-sized (SMBs) as well as Large Corporate customers and enable them to use their bank-issued corporate credit cards towards their Accounts payables (AP) including supplier payments, bill payments & statutory payments. This will help them to make better utilization of their working capital for strategic business growth.

B2B Payments made in this manner will be settled directly into suppliers’ bank accounts, thereby opening wide acceptance of corporate credit card usage as most of these suppliers don’t accept card payments. The PayMate platform will further enable corporates with configurable approval workflows to give full control and visibility into cashflows with detailed reports, reconciliation and APIs for ERP integration with existing legacy systems.

Speaking on this expansion, Ajay Adiseshan, Founder & CEO, PayMate says, “At PayMate, our mission is to create and offer more avenues for using commercial credit cards so that the collateral-free credit on them can be utilized in an effective manner. This helps corporates of all sizes to pay their suppliers and resolve cashflow challenges. Our existing customers in India and UAE are already using our Platform very effectively and with the success in these two geographies, we are now geared up to extend our solutions to businesses in more countries in CEMEA and APAC. The global expansion is part of our mission to consolidate our position as a global leader in B2B payments.”

Rakesh Khanna, Chief Commercial Officer, PayMate, adds, “In 2021, the global commercial payments volume was estimated at USD 120 trillion, with CEMEA contributing approximately USD 10 trillion, and APAC estimated at USD 58 trillion[1]. Therefore, in line with our strategy to capitalize on these opportunities and continue driving the PayMate B2B payment solutions in markets that are booming, we have incorporated in Malaysia, Australia, South Africa, and Oman. We are positive that the local businesses will be able to streamline their supply chain payments, reduce costs, and improve their working capital by using our solutions.”

Singapore, 9th June 2023 (ACN Newswire) – Singapore-based start-up, OneView Pte Ltd (“ONEVIEW”), is pleased to announce that it has secured S$4 million in seed funding from ADERA Global, Beyon Connect, part of the Beyon Group, and Cumulo9 to introduce an innovative digital platform for secure communication of documents and facilitating value-added e-services.

ONEVIEW’s innovative platform aims to revolutionise bill payments by transforming the interaction between consumers and senders, thereby simplifying everyday digital communications with a more convenient, sustainable, and spam-free experience.

ONEVIEW plans to roll out digital post box and communication services by the end of the year in Singapore, enabling users to easily access their documents and communications from multiple billers and senders within a single app.

Using Singapore as a testbed for the Southeast Asian region, ONEVIEW aims to set the benchmark for innovative, eco-friendly digital solutions that improve people’s lives. By partnering with key players in the industry such as ADERA Global, Beyon Connect, and Cumulo9, ONEVIEW’s platform offers a comprehensive solution that meets the needs of both consumers and senders.

Lead Investors in the Seed Funding Round

ADERA Global, headquartered in Singapore, is a leader in data security and automation, serving global banks, financial institutions, telecommunications and government agencies around the world.
Beyon Connect, part of the Beyon group based in Bahrain, is a provider of new technologies with great innovation potential, Software-as-a-Service platforms, and advanced IT solutions for both the public and private sectors in the MENA region.

New Zealand-based Cumulo9 provides business services for the digital delivery of transactional documents, as well as CCM (Customer Communications) solutions throughout APAC.

Aligning with Singapore’s Smart Nation Vision and Accelerating Digitalisation

Singapore has set its sights on becoming a world-class, tech-driven city-state. The vision for a digital-first Singapore is one where a Digital Government, Digital Economy and Digital Society harness technology to effect transformation in health, transport, urban living, government services and businesses. The Singapore Government has made bold strides and steady progress in its digitalisation blueprint.

Aligned with this vision for a digital-first Singapore, ONEVIEW aims to enable effective and secure communications between government, agencies, business enterprises and individuals in Singapore. The platform is designed to simplify secure document transmission and encourage greater digitization of utilising embedded e-services to fulfill actions such as payments, document verification and other value-added services.

Utilising ONEVIEW’s digital postal solutions, customers can harness its technology for greater personalisation and convenience, making it intuitive for each individual user to view their digital postal communications, all at one glance.

Enhancing Sustainability and Simplifying Everyday Digital Communications

Green economic growth is an important part of Singapore’s national agenda on sustainable development, where the Singapore Green Plan 2030 aims to harness technology-driven solutions to “secure a green, liveable, and sustainable home for generations of Singaporeans.

ONEVIEW is committed to going green and minimizing paper waste, aligning with Singapore’s environmental initiatives. By providing documents such as digital billing statements and providing easy payment options, the joint venture aims to encourage more consumers to make the switch to paperless billing.

In Singapore, paper is one of the most common type of waste and in 2021, there was about 1.136 million tonnes of paper and cardboard waste generated.

With this digital postal solution, ONEVIEW will reduce the need for paper bills, thus reducing carbon footprint and promoting sustainability.

“Our mission is to revolutionize the way people pay and manage their important documents such as bills, while also helping Singapore achieve its vision of becoming a Smart Nation,” said LEE Kok How, CEO of ONEVIEW. “Our app is designed to simplify the process, save users time and hassle, and help them stay on top of their action items, such as payments, with ease. With the support of our investors, we are confident that our platform will set a new standard for digital bill payment services in the region, while contributing to Singapore’s vision of a Smart Nation.”

Christian Rasmussen, CEO of Beyon Connect said, “At Beyon Connect, our DNA is rooted in digital innovation and sustainability. We are thrilled to align with ADERA Global and Cumulo9, who share our passion for creating highly secure digital postboxes and communication platforms. Together, we will continue to revolutionize the way people communicate and connect via the ONEVIEW platform in the ASEAN region.”

Beyon Chief Digital Growth Officer – Shaikh Mohamed bin Khalifa Al Khalifa added, “We are extremely proud to see our digital postbox and communications innovations being used as the foundation for ONEVIEW, in a digitally mature society like Singapore. This marks a sig significant milestone for Beyon Connect and reinforces our commitment to driving digital transformation globally.”

Cumulo 9’s Chris Hogg added, “As a company that is committed to providing cutting-edge solutions that help businesses thrive in a digital age, we are pleased to support ONEVIEW in its mission to digitize bill payment management in Southeast Asia.”

“As a global leader in digital transformation, ADERA Global is excited to partner with ONEVIEW in their mission to revolutionize communications, document management and value-added services such as payments in Southeast Asia,” said ADERA Global’s Executive Director Marvin Tan. “We believe that ONEVIEW has the potential to set a benchmark in the region and transform the way people manage their bills and documents.”

9th June 2023, Pragati Maidan, New Delhi: Today an All India Mayor and RWA Summit was organized here by the Confederation of RWAs(CoRWA) and green society of India on “Waste Management.” The Event was inaugurated by Shri V Murleedharan, Hon’ble Union State Minister for External Affairs & Parliament Affairs, Govt. of India, and Jain Acharya Dr. Lokesh Muni ji, founder of World Peace Centre. The Summit was attended by 16 Mayors and City Commissioners from all over the Country. Hon’ble Nell Bahadur Chettri, Mayor of Municipal Corporations of Gangtok, Hon’ble Hemaliben Boghawal, Mayor of Surat, Hon’ble Mrs Rayana Bhagya Lakshmi, Mayor of Vijaywada highlighted the method of waste collection in their cities agreed with the proposal of making Sanitary Land Fills instead of dumping waste in the open. Mayor of Aizwal Municipal Corporation Hon’ble Lalrinenga Sailo said that Waste is full of value subject to segregation. The dumping grounds should be on faraway lands from the towns & cities. The Government bodies & RWA’s should have mutual connections with other in terms of waste segregation.”Confederation of RWA, UP chief Shri Pawan Kaushik brought out the need of establishing e-waste collection centers.

According to Shri V Murleedharan,‘’We have to focus on three major aspects which is Funds, Functions,Functionaries and give special attention to all the cities. He mentioned about PM Modi launchedLIFE(lifestyle for environment)which is focused on sustainable lifestyle for development for our cities. He also mentionedthe yojana and schemes running by PM Narendra Modi which is Deendayal upadhyaya antyodayayojana, Mudra Yojana, Kisan Samiti and Swachh Bharat Abhiyan. According toJain Acharya Dr Lokesh Muni Ji, “We have to spread awareness towards for major aspects cleanliness, population, pollution, corruption and discipline. When we able to change individual mindset it will definitely change the country.”

According to Col TP Tyagi, Chief Convener of CoRWA said that every RWA is a primary school of Democracy and hence every function which can be done by a junior unit should not be performed by a senior unit. The 20 per cent performance grant of the total municipal basic grant should be exclusively be allotted to RWA-driven programmes. Four resolutions were passed by the House. The entire house resolved that Sanitary Land Fills should be made instead of Dumping Grounds which eventually become dumping hills full of fire, disease, pollution and encroachment. He added, “If I throw waste in the open, it is a crime hence dumping waste in open by municipalities is a bigger crime.”

According to Mr Swadesh Kumar, president green society of India, “Sanitary landfills are considered as the most common E-waste disposal technique which aims to reduce or mitigate the potential risks associated with the environment and human health. Such conferences & summits are needed by our society to work together for E-waste management.

Hyderabad,9th June 2023 Renault India, the leading European brand in India, is pleased to announce the first delivery of Renault TRIBER AMT compliant with the BS6 step 2 in Hyderabad. Mr. V V S RAO has become the proud owner of the first enhanced Renault TRIBER AMT. The deliveries took place at the PPS Hyderabad dealership, marking a significant milestone for Renault India in the state of Telangana. Renault TRIBER AMT range, with enhanced class-leading safety features, starts at INR 8.12 lacs ex-showroom Delhi.

The entire range of Renault TRIBER comes with innovative and advanced safety features as part of the Human First Program which is designed to minimize the risk of accidents and improve overall safety for occupants and pedestrians alike. As part of this program, Renault has upgraded and introduced new and enhanced safety features across all its product range in India, that are designed to minimize the risk of accidents and improve overall safety. Under the Human First Program, Renault India’s product line-up boasts of innovative and class leading safety features such as Electronic Stability Program (ESP) for enhanced control on curvy roads, catering to both amateur and experienced drivers, Hill Start Assist (HSA) which prevents car roll-back when starting uphill after braking, Traction Control System (TCS) that identifies wheel speed irregularities, automatically reducing spins to maintain grip on slippery surfaces and prevent accidents and Tyre Pressure Monitoring System (TPMS) which provides real-time alerts for under-inflated or punctured tyres in the vehicle.

India’s safest 7-seater, Renault TRIBER has been greatly valued by the customers for the proposition that it offers in terms of outstanding quality, modularity and attractive design with superior value packaging. In addition to all the features of Renault TRIBER it offers the best level seating space in all rows and offers one of the largest boot space of 625L in its category. It is built with best level safety features and boasts of a 4-Star Safety Rating for Adult occupant safety by Global NCAP.

As Renault India commences deliveries of BS6 step 2 compliant KIGER and TRIBER AMT range, the company remains committed to offering products that delivers the highest global standards of safety to Indian customers. Renault has achieved a significant milestone of having over 9,00,000 satisfied customers across India.

Customers looking to own the sporty, smart, and stunning Renault KIGER and India’s safest 7-seater TRIBER, can book the car through the authorized Renault dealerships present across Telangana, ensuring a seamless and hassle-free experience.

9th June 2023– Western Digital Corp. (NASDAQ: WDC) today announced ambitious new corporate sustainability targets that extend the company’s core commitment to positively impacting its global environmental footprint. The new targets focus on powering the company’s operations with 100% renewable energy, achieving net zero Scope 1 and Scope 2 emissions across the company’s operations, as well as water and waste reduction targets.

Sustainability strategies are core to Western Digital’s business. Through thoughtful planning and execution, the company has already set and achieved goals such as running certain facilities on renewable energy and reducing energy consumption per unit produced. Specifically, the company’s new target commitments include:

• Running its global operations on 100% renewable energy by 2030
• Achieving net zero emissions in the company’s operations (Scope 1 and 2 emissions) by 2032
• Reducing water withdrawals by 20% by 2030
• Diverting more than 95% of our operational waste from landfills by 2030

“Committing to these new, aggressive sustainability targets furthers Western Digital’s priority to be a good environmental steward and put forth data-driven goals and metrics to hold our organization accountable for mitigating the impacts of climate change,” said Irving Tan, Executive Vice President of Global Operations at Western Digital. “We have already made significant progress undertaking measures to reduce emissions, water and waste, to leverage renewable energy as well as low-carbon product design and packaging. These new targets reiterate our commitment to be an industry leader in sustainability.”

Western Digital’s established sustainability program has already set aggressive goals and has been recognized by industry organizations. For example, the company’s goals to reduce scope 1 and 2 emissions by 42% by 2030 and reduce scope 3 use-phase emissions/Terabyte by 50% by 2030, both from an FY2020 base year, were approved by the Science Based Targets initiative (SBTi) in 2021, and since then the company achieved nearly 15% absolute scope 1 and 2 emissions reduction. Additionally, as a founding member of the First Movers Coalition, Western Digital has committed to at least 10% net-zero fuels by 2030 for ocean shipping. ​​Western Digital’s facilities in Shanghai, China and Penang, Malaysia have been recognized by the World Economic Forum’s Lighthouse Network as Sustainability Lighthouses.

“As sustainability becomes a business priority for organizations, companies that commit to and show progress towards achieving actionable sustainability targets will be recognized as sustainability leaders in the industry,” said Curtis Price, VP Sustainability Research at IDC. “Western Digital’s new commitment in the areas of net zero emissions, water and waste reduction and renewable energy, exemplifies the company’s dedication to reducing the impact of its business operations on the planet and paving the way for other companies to follow suit.”

Mumbai Metropolitan Region – Naigaon, June 8, 2023: There isn’t anything more enjoyable than time spent in a park, the feel of the lush green grass below your feet, neatly trimmed hedges, colourful flower beds, butterflies and the cheerful chirping of birds. Bringing joy to the residents of Naigaon East this World Environment Day, Sunteck Foundation offered development of a park at Tivri in Naigaon with the help of the local authorities to provide a clean and green community and a recreational space for children and adults.

Sunteck Foundation by Sunteck Realty have always been in the forefront to improve community conditions and uplifting the environment towards a sustainable lifestyle.

Parks positively impact the environment as they help in improving air quality, promote biodiversity, and also naturally cool air and surfaces. Moreover, they offer people recreational opportunities and encourage an active lifestyle helping to relieve stress and increase sense of wellness. This initiative by Sunteck to develop the community park at Naigaon is towards building more sustainable spaces to encourage and engage the community in green initiatives for the betterment of the overall environment and society.

Speaking about sustainability being central to Sunteck Anupma Khetan, the customer experience evangelist at Sunteck Realty, expressed, “As an organisation we are committed to developing sustainable spaces and believe that development should not be limited to within the boundaries of our projects. In our endeavour towards the betterment of community, we have been dedicatedly working towards supporting environment and social causes that encourage sustainable living among public at large.” 

Sunteck has supported in the development of this 450 sqmt park at Tivri in Naigaon by providing soil & manure filling, along with lawn grass and a variety of plants and shrubs namely Calliandra Brevipes (Powder Puff), Tecoma Stans (Yellow Bells), Murraya Paniculata (Orange Jasmine), Nerium Oleander (Sweet Scented Indian Oleander), Hibiscus Variegated (Javakusum), among others.

For media queries, Contact BeanstalkAsia: 

Jyoti Prakash | +91 8010681238 | jyoti@beanstalkasia.com

Samakshi Sawal | + 91 9082980959 | samakshi@beanstalkasia.com

Schbang has launched a joint venture with global influencer and entrepreneur Masoom Minawala called Mmaximize. It brings the personal and professional experience of Minawala with Schbang’s strategy, industry know-how and business acumen.

A content creator herself, Masoom Minawala has been the recipient of Forbes Asia’s 30 under 30 list, and has represented India at many global platforms She is collaborating with Schbang, the digital and technology transformation company associated with key Indian and international brands like Amazon, TATA Neu, H&M, Johnson & Johnson, Fevicol, Mattel and Jio. The eight-year-old company has over 1200 employees and has been awarded LinkedIn’s top startups in India in 2018, 2021, and 2022. Schbang has also won the Social Media Agency of the Year by ET Brand Equity and has been awarded as India’s Fastest Growing digital agencies 2023 by Agency Reporter.

As per the Influencer marketing report, the Indian influencer marketing industry’s value will reach Rs. 2,200 crores by 2025, growing at an annual rate of 25% over the next five years. Creators are doing more with their platform, like conducting workshops, bagging big-budget productions, and venturing into entrepreneurship, among many other things.

Mmaximize aims to provide a 360-degree multifaceted approach for creators to build their personal brands. The services will include PR & Image building, identifying revenue streams, legal and financial support, invoicing and billing, negotiating brand deals, building brand strategy and monthly and quarterly content planning.

Mmaximize’s vision is to build an unassailable business model for India’s top creators that fuses their creative prowess with Mmaximize’s strategy, analytical thinking, industry know-how and business acumen to foster the creation of personal brands and realize their full potential.

On the collaboration, Masoom Minawala – Global Influencer, Entrepreneur and Investor said, “The business of influencing has been a passion from the day I started creating content —the art of strategy, brand building, client servicing, cultivating relationships with brands to create multiple streams of revenue, all of it. While I’ve been fortunate to establish a solid framework for myself, there has always been a burning desire to extend this expertise to others in the industry.”

“That’s how Schbang MMaximize was born—an amalgamation of my 12 years of experience & expertise and Schbang’s digital reign, infrastructure, & access to over 300 brands” she continued.

Harshil Karia, Founder, Schbang said, “For Schbang, this is an important strategic move. It brings us closer to creators and helps us leverage our efficient service standards, and access to tech companies and clients to be able to deliver a market-beating service for Talent in India and beyond. It will also help the large client pool in Schbang give the first opportunity to co-create IPs with many exciting creators and celebrities.

I could not think of anyone better than Masoom to partner with on this joint venture.” he continued.

8th June 2023 Uber´s advertising division and Uber India have today announced the official launch of Journey Ads, a first-of-its-kind advertising option for India, as well as its partnership with Httpool by Aleph to help connect India’s brands with innovative advertising solutions.

Journey Ads, an initiative from Uber’s advertising division, offers an engaging way for brands to connect with consumers throughout the entire ride process – from the moment they book their trip through to the end of their ride. Journey Ads deliver brands unparalleled share-of-voice and consumer attention from millions of riders across the region.

Through leveraging Uber’s first-party data and insights, Uber can surface interesting and relevant ads to users without compromising their privacy or experience, or sharing their personal data with advertisers. This allows brands to place relevant content in front of purchase-minded riders in brand-safe and captivating ways while respecting consumer privacy.

With a one-hundred percent share of voice during the entire trip, consumers are exposed to the ad content for more than 100 seconds, well above industry averages.

In addition to Journey Ads, brands are also able to leverage Uber’s first-party data and insights to reach riders while in the vehicle via Uber’s in-car tablet pilot in Delhi and Mumbai.

Uber will partner with Httpool by Aleph, to help connect India’s brands with these effective and high-impact advertising surfaces. With an innovative set of proprietary technology, performance solutions, and extensive market knowledge, Httpool by Aleph enables advertisers to connect with their audiences in the most effective ways, consistently maximizing their ROI.

Dr Mark Grether, VP, General Manager of Uber advertising said: “Since Journey Ads launched last year, we’ve seen advertisers embrace the surface with click through rates above 3% and an average global view time of over 100 seconds – both well above industry standards, Given that impact, it’s exciting to see this impactful advertising surface scale in India.”

Prabhjeet Singh, President, Uber India and South Asia added: “The Uber advertising team’s surfaces, such as Journey Ads and in-car tablets, offer brands a unique opportunity to grow relationships with consumers by connecting them at a moment when a customer is uniquely attentive. I’m excited to see this offering expand to give more Indian brands a space to create meaningful audience engagement.”

Rabin Yaghoubi, Chief Corporate Development Officer at Aleph, said: “We are proud to partner with Uber to bring its unique advertising solutions to India. This is a milestone moment for on-the-move digital advertising globally. Connecting brands with consumers is in Aleph’s DNA and partnering with Uber in the region allows us to leave our mark together from the start of the journey.”

Amit Gupta, Managing Director with Httpool by Aleph in India, reiterated the significance of the partnership. “We are proud to partner with Uber to help bring its unique advertising solutions to India. The collaboration between Uber and Httpool by Aleph has unlocked an extraordinary opportunity to tap into the vast potential of reaching consumers during their journeys by leveraging the power of Journey Ads and in-car Tablets. This enables Indian brands to establish meaningful connections with potential buyers throughout their entire travel experience.”

Bengaluru, 8th June 2023: Scoring yet another industry first, Ather Energy, India’s leading electric scooter manufacturer, today announced a new 60-month vehicle loan product that will make EV scooters more affordable and accelerate its adoption in the world’s largest two-wheeler market. This is also the first time that a finance product with a tenure of 5 years has been rolled out in the EV industry.

Despite a long and successful track record of vehicle financing, Indian banks and NBFCs (non-banking financial companies) have until now refrained from exposing themselves to loan tenures longer than 36 months and 48 months under special circumstances.

Monthly repayment of the loan or EMI (equated monthly instalments) under the new 5-year vehicle loan offered by Ather can be as low as INR 2,999, making it one of the most compelling financial products available for EV two-wheeler buyers in India.

Ravneet S. Phokela, Chief Business Officer Ather Energy, said, “Affordable vehicle loan products have for long been a critical last-mile enabler for the stupendous growth of the Indian two-wheeler market. The growing popularity of EV scooters in the country has necessitated the need for vehicle loan products with a longer tenure. It is an ongoing journey for us to ensure we make our scooters accessible to a wider audience, and attractive financing is an effective tool to quicken EV adoption in the country. As an industry pioneer, Ather has worked closely with some of India’s leading retail finance players, banks, and NBFCs to design and offer the country’s first 60-month EV loan product and pave the way for other OEMs. We believe this extended loan period will make EVs even more lucrative and bring in more customers. We hope and expect other two-wheeler brands, particularly in the EV market to also start offering a similar 60-month loan product to their customers.”

Ather has partnered with IDFC First, Bajaj Finance, and Hero FinCorp to offer India’s first 60-month EV two-wheeler loan and expects more retail financiers and banks to join hands to strengthen its pioneering effort.

India’s current global stature as one of the leading automobile markets owes a good part of its success to a robust retail finance industry in the country, a fact best highlighted by the two-wheeler market. Three out of every four vehicles sold in India are two-wheelers, and again three of every four of these are bought with loans. Given the relatively premium price of the current generation of EV scooters in the country and its increasing popularity, the time was just ripe for Ather to step in to create a pioneering financial product for its perfectly engineered fourth-generation performance scooters.

“Since November 2022, we have seen the number of customers who opt for loans increase from 20% to 50% now. With the segment poised to grow in the coming years, attractive EV financing schemes are even more relevant and they will be crucial to fuel the industry’s growth in the coming years. I am very happy that Ather is the first to offer a 60-month loan in the Indian EV two-wheeler industry,” Ravneet added.

Despite being a recent entrant in one of the most fiercely competitive two-wheeler markets in the world, Ather is already recognized as an industry pioneer. As an electric mobility start-up, founded by two “industry outsiders”, Ather built India’s first aluminum frame scooter, with first smart vehicle implementation (touchscreen interface, navigation, on-board diagnostics, and mobile and data connectivity) and the first to deliver a field-proven technology stack (Connected Charger, Battery Pack, BMS, Motors, Motor controllers).

The superior quality of Ather scooters which comes with another industry-first five-year warranty, was one of the key reasons for banks to extend loan tenure for Ather customers to five years.

For more details: https://www.atherenergy.com/#pricing

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