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New Delhi, July 29, 2024: MediaTek, the world’s leading fabless semiconductor company, powering over 2 billion connected devices a year, and JioThings Limited, subsidiary of Jio Platforms Limited and the only provider of end-to-end cutting-edge IoT solutions, today announced the launch of “Made in India” Smart Digital Cluster and Smart Module specially tailored for the 2-wheeler (2W) market. This collaboration brings together MediaTek’s advanced chipset technology and Jio Things’ innovative digital solutions to strengthen its presence in the 2-wheeler space and revolutionise the electric vehicle (EV) landscape.

Mr. Kiran Thomas, President and CEO, Jio Platforms Limited, commented on the partnership “Jio Things is pleased to collaborate with MediaTek to revolutionize the Mobility industry with our 4G Smart Android Digital Cluster, App Suite and Smart Module solutions. This collaboration firms up our commitment towards India-led global innovation and enhancing customer experiences in IoT technology, integrating MediaTek’s advanced chipset with our cutting-edge digital solutions to set new benchmarks offering seamless performance and unparalleled customer experience tailored for the future of mobility.”

This long-term strategic collaboration will deliver Android based smart digital cluster solution in India and the global market. The JioThings smart digital cluster is based on AvniOS, an AOSP based operating system that provides OEMs a unique and competitive edge supported by strong MediaTek chipset level performance and support for critical firmware/base OS release. Smart Digital Cluster & Operating System enables real-time data analytics, customizable interfaces, voice recognition for effortless control, and a comprehensive Cluster OS for seamless integration with Vehicle controllers, IoT-enabled charging infrastructure and Smart Battery Management System optimized for EVs. Through this offering, customers will now have access to “Jio Automotive App Suite” which includes services like Jio Voice Assistant, JioSaavn, JioPages, JioXploR and various other unique service bundles thus delivering a new age and holistic experience to the 2-wheeler users.

Smart Digital Clusters have become integral part of vehicle experiences and draws converges from stationary to mobility use-cases. The collaboration is aimed at providing seamless digital experiences to the 2-wheeler users on one end, at the same time reducing the time to market for OEMs significantly in building and integrating solutions. With MediaTek’s strong legacy in building cutting edge chipsets and Jio’s history in product innovation, this solution provides a turnkey offering to the market not just for India but also globally.

“Our collaboration with Jio Things on the 2-wheeler Smart Digital Cluster powered by MediaTek strengthens our commitment to innovation in both the IoT and automotive sectors. This cluster aligns with our vision for the future of 2-wheeler smart dashboards. By providing OEMs with a competitive edge in the fast-growing 2-wheeler EV market, this solution offers early access to MediaTek’s latest technologies and key software features at the OS level.” said Jerry Yu, Corporate Senior Vice President and General Manager of the Intelligent Devices Business Group, MediaTek.

“MediaTek’s collaboration with JioThings on the designed and manufactured in India Smart digital cluster and smart module for the 2-wheeler market is a testament to our commitment to innovation and excellence in India. This solution leverages MediaTek’s advanced chipset technology and JioThings’ visionary digital solutions to deliver next-generation smart clusters that meet the ever-changing needs of the global 2-wheeler market. Together, we are poised to transform the rider experience and drive the next wave of mobility innovation on a global scale.” said CK Wang, General Manager, IoT business unit, MediaTek.

With the Indian 2W EV market projected to reach 10,000 Crores by end of 2025 with more than 3 million vehicles on road and growing at a CAGR of 50% over next 5 years, this collaboration between Jio Things and MediaTek will cater to the rising demand of electronic vehicles in the automotive industry. It marks a significant milestone for both MediaTek and Jio Things, to build smart digital cluster and strengthening their presence in the 2-wheeler space in India.

New Delhi, India, 26th July 2024 – Panasonic Life Solutions India (PLSIND), a leading diversified technology company, today launched a new range of state-of-the-art Video Door Phones in India, tailored for the needs of builders and standalone households. The innovative lineup by Panasonic’s The System Solutions Division (SSD) includes Analogue, Hybrid and IP-integrated models: VL-VA514, VL-SA74, VL-SA611, VL-SA72, and VL-SA71, each designed with weather and vandal proof ratings enhancing the overall home security with 2 tier and 3 tier security features. This range will be available at retail outlets and authorized distributors across the country and Panasonic’s D2C store.

Commenting on the launch, Vijay Wadhawan, Director, System Solutions Division, Panasonic Life Solutions India said, “As the demand for integrated and sophisticated home security solutions continues to rise, we, at Panasonic, are committed to providing innovative products that cater to the evolving needs of our customers. This new range not only enhances security but also integrates seamlessly into modern smart home ecosystems, making it an ideal choice for contemporary residential developments and smart living. Backed by Japanese technology and with over 70 years of expertise in surveillance solutions, our new range of video door phones is equipped with state-of-the-art technology with robust performance, offering unmatched reliability and seamless connectivity. It delivers crystal-clear video quality, even when it’s dark, ensuring precise visitor identification. These advance devices allow homeowners to remotely monitor their premises while ensuring convenience and security. The new range offers flexibility and can be integrated with existing security solutions installed in residential spaces including apartment buildings, and single-family homes. We believe that these next-generation solutions will redefine home security in India, providing our customers with the peace of mind they deserve.”

The VL-VA514 model is a versatile video intercom system tailored for multi-floor installations, supporting up to four floors. The model features a hands-free video intercom for effortless communication with visitors, a high-definition door camera with 2MP resolution for crystal-clear video quality, and a weatherproof (IP65) and vandal-proof (IK10) design ensuring durability in all environments. Additionally, the VL-VA514 offers color night vision with white light for clear visibility even in low-light conditions. It supports both analogue and hybrid monitors, and RFID card unlock support for convenient and secure access. The system also features noise suppression and echo cancellation for enhanced audio clarity.

The VL-SA74 model is an all-encompassing IP video door phone solution designed for modern homes. Its standout features include a 7-inch-wide color screen for a large, vibrant display, a room-to-room intercom for seamless internal communication, and support for multiple indoor and outdoor units for versatile installation options. This model also boasts Wi-Fi and mobile app access for remote monitoring and control via the Panasonic SmartWiFi app, as well as alarm sensor integration and motion detection alerts for enhanced security.

Designed for hybrid connectivity, the VL-SA611 offers a hands-free video intercom and a high-definition door camera for superior video and audio quality. It supports the integration of multiple indoor and outdoor units, provides SD card support up to 256 GB for extensive storage capacity, and offers real-time monitoring through the Panasonic SmartWiFi app.

The VL-SA72 is a reliable video door phone system featuring analog CCTV camera integration for compatibility with existing security setups, 100-image storage with built-in memory along with SD card support of up to 32 GB storage capacity for convenient access to stored video clips, and electric lock integration for enhanced security control.

Lastly, the VL-SA71 model is a robust and essential video door phone model providing room-to-room intercom and electric lock integration as core security functionalities. It features a weatherproof and vandal-proof design, making it durable and reliable for various environments, and supports analog CCTV camera integration for easy integration with traditional security systems.

Key features:

High-Definition Video Quality: The new series boasts high-definition cameras, ensuring crystal-clear video footage for enhanced security monitoring.
Two-Way Communication: Features advanced two-way communication, allowing residents to speak directly with visitors from the safety and comfort of their homes.
Night Vision: Equipped with superior night vision capabilities, the video door phones ensure round-the-clock security.
Elegant Design & Premium Product: Designed to complement modern architectural aesthetics, the new series adds a touch of sophistication to any property.
Smart Integration*: Seamlessly integrates with smart home systems, providing a cohesive and intuitive user experience.
Remote Access*: With the accompanying mobile app, homeowners can monitor and interact with their video door phone & integrated lock from anywhere, providing peace of mind even when they are away.

New Delhi, 25 July 2024: Panasonic Life Solutions India, a leading diversified technology company, achieved a milestone as its authorized Direct-to-Consumer (D2C) platform becomes one of the fastest-growing in consumer electronics and appliances sector in India. Since its launch in September 2022, the platform has experienced remarkable growth, with online visitors surging by 160%, surpassing 4 million visitors in the past year alone. With the current season’s high demand, the platform has recorded four-fold growth over last year, quarter on quarter.

“The rapid expansion of our authorized D2C platform demonstrates customers trust in the brand, Panasonic’s strong commitment to embracing digital transformation, while significantly enhancing and personalizing customer experiences,” said Mr. Sushil Grover Business Chief & Director – E-Commerce, D2C (e-store) Business, Brand & Marketing Communication, Panasonic Life Solutions India. “The platform is intuitive, easy to navigate, and represents the brand identity that meets our customers’ aspirational world. We have been continuously expanding our product offerings on the platform with the aim of providing the widest choice to our customers backed with proven reliability of Japanese technology. We recently launched Lumix cameras, and the response was tremendous. We sold cameras for over 2.5 lacs average price, which confirms our notion that consumers are moving toward premiumization. We are now focused to enhance product availability and service coverage across more cities backed with an efficient supply chain support.”

Currently, the platform is selling LED, Audio, Large & Small Appliances, Cameras, Lenses, Accessories and Lifestyle products attracting 13% repeat customers, with the highest user and conversion rates coming from the 25-34 age bracket followed by the Gen Z audience. Panasonic continues to broaden its lineup of high-end products, offering distinctive benefits in important categories such as bottom-mounted refrigerators, front-load washing machines and air conditioners. This year, they also launched India’s first Matter-enabled air conditioners that are powered by Miraie, marking a significant advancement in the realm of smart home technology.

Moreover, Panasonic’s authorized D2C online e-store provides a range of consumer financing options and product exchange programs aimed at broadening accessibility to high-value purchases. Furthermore, customers benefit from a convenient ‘service-on-a-click’ feature for registering service requests such as installation, repairs, or purchasing extended warranties for both new and existing products. The recent introduction of the ‘Call-Me-Back’ initiative has also been met with enthusiastic reception, providing customers with an improved personalized experience to address their inquiries regarding purchases or services.

NEW DELHI, JULY 25, 2024: Navi Mutual Fund (“Navi MF”), a leading mutual fund investment company in India, today announced the launch of the Navi Nifty 500 Multicap 50:25:25 Index Fund, the first-ever index fund to track the Nifty 500 Multicap 50:25:25 index. This fund continuously offers units at applicable NAV (Face Value: ₹10/-). The New Fund Offer (NFO) opens on 18th July 2024 and closes on 30th July 2024.

The Nifty 500 Multicap 50:25:25 index offers investors a unique opportunity to gain diversified exposure across large, mid, and small-cap companies in the Indian stock market. This innovative index allocates a fixed weight of 50%, 25%, and 25% to large, mid, and small-cap segments respectively. Moreover, this strategic allocation helps mitigate risk by reducing concentration in any single market-cap category.

Compared to the Nifty 500 index, which has a large-cap allocation of around 71.8%, the Nifty 500 Multicap 50:25:25 provides significantly higher exposure to mid and small-cap companies (50% vs. 28.2%). This increased exposure offers investors the potential for higher growth prospects over the long term. Being an Index Fund, the expense ratio will be the lowest as compared to Active Funds in the Multicap category. Unlike actively managed funds, the Navi Nifty 500 Multicap 50:25:25 Index Fund passively tracks the index.

“The Navi Nifty 500 Multicap 50:25:25 Index Fund offers a well-balanced investment opportunity for those looking to tap into the Indian market,” said a Navi Mutual Fund spokesperson. “With 50% allocated to large-cap companies for balanced allocation and the rest to mid and small-cap companies for potential growth, this fund mitigates the risk of individual stock selection or market timing, ensuring a balanced and strategic approach.”

The Navi Nifty 500 Multicap 50:25:25 Index Fund aims to generate returns corresponding to the performance of the Nifty 500 Multicap 50:25:25 index, subject to tracking error.

New Delhi, July 25th 2024: FlowerAura, a leading online gift & flower portal, has launched its new “Handcrafted Expressions” collection. This limited-edition assortment of flowers is the result of a beautiful collaboration and creativity from FlowerAura’s recent flower arrangement workshops. Showcasing unique designs and colours of love, each piece is a testament to the creativity and care that went into crafting each flower arrangement. From vibrant, bold mixes to soft, romantic combinations, FlowerAura offers unique flower arrangements for every taste and occasion.

Each flower arrangement in the new collection tells a story, reflects the end consumer’s creative spirit, and is truly one-of-a-kind, emphasizing individuality and creativity. The “Handcrafted Expressions” collection stands out for its focus on personal expression, minute details, and the emotional connection each flower arrangement carries.

Mr. Shrey Sehgal, Co-Founder, FlowerAura said, “At FlowerAura, we embrace the strength of personal expression and the beauty that emerges from individual creativity. Our handcrafted expressions collection highlights the joy and happiness that comes with creating something completely your own. Each flower arrangement is a stunning reflection of the maker’s passion and talent, and we are delighted to share these one-of-a-kind creations with our consumers.”

With the limited edition “Handcrafted Expressions” collection, FlowerAura continues to innovate and offer unique experiences to its customers. These flower arrangements are perfect for those who value the art of gifting and seek something truly special and heartfelt. Visit FlowerAura’s website to explore this exquisite collection and discover the beauty of handcrafted expressions

New Delhi, July 25th, 2024: B-Square Solutions, the one-stop IT partner which has been successfully implementing a bouquet of diverse IT solutions and services all over the world for the last 20 years has announced bagging the contract from Surya Group of Companies, a Zambia-based conglomerate with diverse business interest ranging from Farms, to Breweries, to Logistics, Packaging, Infrastructure, Energy and Biofuels.

Surya Group, a dynamic and progressive organization, identified opportunities to enhance their operational efficiency and growth potential. To streamline processes, improve communication and gain real-time updates into the status of tasks and activities, they realised that an ERP Solution was the best answer which could help them achieve not only these, but one which is capable of automating these processes, ensuring accuracy and compliance and operating efficiently with minimal manual intervention. Following a thorough evaluation Pothera ERP emerged as the ideal solution to meet Surya Group’s specific requirements.

With a proven track record of delivering cutting-edge diverse IT solutions to varied sectors,
B-Square did complete project analysis of all business verticals and now customizing its 5th Generation ERP Solution, Pothera ERP, to enable Surya Group enhance overall business operations efficiency and its individual business entities.

Commenting on B-Square’s association with Surya Group, Payal Nambiar, Founder & Director, B-Square Group, says, “We are delighted to partner with Surya Group, a prominent and diverse organization. Surya Group is a revered name in the industry, known for its innovation, excellence, and unwavering commitment to success. To be entrusted with this project is a true honor, and we are humbled by the faith they have placed in our capabilities. Our tailored solutions will streamline their entire operations across all six-business entities. Our team is eager to leverage their expertise and cutting-edge technology to deliver solutions that will elevate Surya Group’s operations to new heights. This partnership is a testament to the power of collaboration and the transformative impact that can be achieved when two industry leaders come together. We are confident that our synergistic efforts will result in ground breaking outcomes, setting new benchmarks in the industry and paving the way for a future filled with endless possibilities”.

New Delhi, 25th July 2024: Servotech Power Systems Ltd., a leading manufacturer of EV chargers and solar solutions has received an additional order of approx. 400 units of DC Fast EV Chargers from Bharat Petroleum Corporation Limited (BPCL) and other EV charger OEMs.

The project valued at around ₹20 Crores will involve manufacturing, supplying, installing, and deploying these chargers nationwide, particularly at BPCL petrol pumps as part of the BPCL E-drive Project.

Previously, the company received an order for 1800 DC Fast EV chargers from BPCL and other EV charger OEMs valued at 120 Crs. which they have now increased by 20%. This increase comes as a result of the company’s timely deliveries and consistent performance. Servotech has already completed 35% of the dispatches on time and has met 100% of their requirements as per their plan. Seeing our commitment and efficiency and as a matter of praising Servotech’s commitment BPCL has given this order to the company.

Sarika Bhatia, Director, Servotech Power Systems Ltd. commented, Servotech feels extremely elated to have worked for BPCL and is committed to living up to the trust BPCL has placed in us. Time and again we have showcased our manufacturing capabilities with our production team relentlessly working keeping a strong focus on delivering exceptional products in-house. We will continue to maintain the highest standards of service and operational efficiency, setting new benchmarks in the industry.

Our eco-conscious and top-notch EV chargers are catering to the growing demand for sustainable EV charging solutions across India, increasing the accessibility, affordability and availability of EV charging facilities to a wider demographic of EV users.

New Delhi, 24th August 2024: A first of its kind, MountTech Growth Fund or MGF-Kavachh by former Defence Secretary Dr. Ajay Kumar, along with three co-founders, is specifically tailored to nurture startups that drive advancements in deep-tech and strategic sectors, ensuring the indigenization of critical technologies, products, and services essential for India’s national security and technological leadership.

Dr. Kumar, who has been instrumental in steering many of India’s technology and defence related policy reforms, now spearheads MGF-Kavachh as its Founder and Chairman.

“India stands at a pivotal moment, with an unparalleled opportunity to leverage its strengths amid evolving global dynamics. MGF-Kavachh aims to catalyze this growth by focusing on local innovation and the indigenization of critical technologies in areas of national importance. MGF-Kavachh will nurture promising start-ups working at the intersection of innovation, space, aerospace, deep technology, and India’s ‘Atmanirbhar’ agenda while solving for its strategic needs across sectors like National Security, Defence and Aerospace, Digital Communications,” stated Dr. Kumar.

Since receiving SEBI approval in January 2024, MGF-Kavachh has swiftly garnered commitments surpassing its planned corpus size of ₹250 crores. The fund has declared its first close at over 100% of its targetted corpus reflecting the strong confidence and interest from investors and institutions in the thesis as well as the MGF-Kavachh team. It will now be using its green-shoe option of another ₹250 crores before its final closure.

An exceptional team backs the fund, with Air Chief Marshal RKS Bhadauria (Rtd.) and Vice Admiral SN Ghormade (Rtd.), and Lt. General Dr Anil Kapoor on the Strategy and Oversight Board, among other notable names. The Advisory Council comprises of eminent experts and professionals who passionately share MGF-Kavachh’s vision of “Stronger India Safer World” and includes Smita Purshottam, IFS (Rtd.), Ex Indian Ambassador to Switzerland and Venezuela and Founder of SITARA; Gani Subramaniam, Founding and Managing Partner Yali Capital; Dr. Manan Suri, Prof. IIT Delhi; Binay Kumar Singh, IPS (Rtd.), Ex DGP Chhattisgarh, Ex Intelligence Bureau Veteran; Ravi Singh, a versatile and respected deep tech Investor, Arvind Lakshmikumar, deep tech entrepreneur and founder Tonbo Imaging; Dr. Vinod Agarwal, a renowned semi-conductor expert, tech investor and serial entrepreneur from the Silicon Valley, Dr. Pratyush Kumar – Tech Investor, and Former Head – Boeing South Asia and Vish Sahasranamam – Co-founder of Forge Innovation and Ventures – a leading private incubator of India.

Former senior telecom industry executive Mr. Raj Sethia is a co-founder and Managing Partner and leads a small but exceptional team of professionals. He brings with him a deep understanding of business , finance and technology, a rare combination.

The fund’s focus on IP and technology-driven businesses aims to transform India into a hub of strategic and technological excellence in the space, aerospace, and deep-tech sectors.

“The Fund’s strategy is built on four pillars: rigorous gatekeeping, robust portfolio construction, a unique acceleration platform for its investees, and a razor-sharp execution focus,” expressed Raj Sethia, Founder and Managing Partner at Kavachh.

“Self-reliance in strategic sectors is an existential need for the country and a lucrative opportunity for investors,” shared Suryakant Dalmia, Co-Founder at MGF-Kavachh.

“MGF-Kavachh, with its focus, credibility, and platform, will be the first port-of-call for founders, co-investors, institutions, and eco-system players,”, shared Abhinav Munshi, Co-Founder at Kavachh.

Mamta Sharma, an octogenarian debut author, unveiled her captivating mystery novel, ‘Searching for Sarah’ on Friday, July 12, 2024 at Stainless Gallery, New Delhi. Literary gathered to celebrate the launch and were captivated by Mamta Sharma’s compelling story and remarkable journey as an author.

This riveting story follows Rini Thakur, a 34-year-old widow, whose life takes an unexpected turn as she seeks the truth behind her recurring nightmares. By day, Rini works at a Mumbai real estate office, but at night, she is tormented by visions of dark woods and an unseen presence. On a routine trip to an old estate, she encounters the enigmatic Christian family of Samuel, Sophie, and their 45-year-old daughter, Stella, whose lives have been overshadowed by the mysterious disappearance of their eldest daughter, Sarah, 34 years ago.

Drawn to the family’s sorrow and secrets, Rini embarks on a journey to uncover the truth behind Sarah’s vanishing. The quest is filled with suspense, unexpected revelations, and a haunting past that intertwines with Rini’s fears. ‘Searching for Sarah’ is a masterful blend of psychological intrigue and emotional depth that keeps readers hooked until the last page.

“I grew up reading mystery novels and always wanted to write one. It would be a dream come true to see my story come alive on the big screen,” said Mamta.

Born in Dehradun in 1941, Mamta Sharma is no stranger to the world of words. She served as the Principal of a senior secondary school for over two decades, where her passion for storytelling flourished. From spinning tales for her siblings to winning awards for her Hindi poetry during college, Mamta’s love for literature has remained a constant.

Married to a civil servant and brilliant Urdu poet, Mamta’s life has been enriched with the beauty of language and stories. Her first-class degree in MA English and her natural storytelling flair culminate in ‘Searching for Sarah’, a testament to her talent and creativity. Remarkably, she penned this novel at 81, proving that passion and talent know no age limits.

Mamta Sharma resides in Delhi, where she enjoys a good game of cards, loves her tea, and is already working on her next novel.

NEW DELHI JULY 19: Phi Commerce has won the Best in Class Payment Startup award in the Established Fintech category at the Assocham annual Fintech Excellence Awards 2024 held in New Delhi on Thursday. The second India International Fintech Festival is India’s leading platform for the fintech ecosystem, offering premium content and networking opportunities to help industry leaders stay ahead. Covering various segments such as payments, lending, wealthtech, insurtech, and regtech, the event features in-depth analytics, inspirational speakers, and world-class insights focused on the future of digital payments, fintech, and financial services.

“We are incredibly honoured to receive the ‘Best in Class Payment Startup in Established Fintech Category’ award at the 2nd Annual Fintech Excellence Awards by Assocham. This recognition really highlights our team’s hard work and passion for transforming the payments landscape with cutting-edge technology and innovative solutions. We are committed to providing our clients with seamless and advanced payment experiences. This award inspires us to keep pushing the boundaries and continue innovating in the fintech industry “said Rajesh Londhe, Co-Founder and Head of Payments, Phi Commerce.

This award reinforces Phi Commerce’s dedication to advancing innovation and maintaining excellence in the digital payments sector, he said.