We request all to donate blood freely says Pritika Singh

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On the occasion of World Blood Donation Day, Pritika Singh, Director Planning and Strategy Prayag Hospital and Research Centre Noida said, “We request all to donate blood freely since what seems like an insignificant act could contribute in saving more than millions of lives and bring a smile on the faces of numerous blood receivers.  Across the world, and particularly in India, there is always a scarcity of all types of blood and there is also an urgent need to ensure that donors of rare blood group are readily available to donate blood. The need of blood transfusion is crucial and is always in demand anywhere in the world. A single contribution is a small act of humanity that goes a long way to help save lives. My humble request everyone is to go out, and do the needful, now!

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KTM 390 Adventure slated for an India launch in 2019

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KTM confirms that the much awaited KTM 390 Adventure is slated for an India launch in 2019. The model will usher in the Adventure range of motorcycles from KTM in addition to the existing Streetfighter Dukes and Supersport RC.

 KTM is the world’s No.1 off-road motorcycle brand and is undefeated at the world’s toughest race the Dakar Rally since 2001. In India, KTM is one of India’s fastest growing motorcycle brands with a CAGR of 45% since its launch 6 years ago.  KTM is available across an exclusive dealer network of 430 showrooms in 320 towns spanning the length and breadth of the country.

The upcoming 390 Adventure will draw its lineage from the brand’s proud Rally-Racing history and from the flagship 1290 Super Adventure providing the motorcycle-touring community a state-of-the-art package to ride long distances and conquer any terrain.

Commenting on the upcoming launch Amit Nandi – President (Probiking), Bajaj Auto Ltd. said “KTM is a niche brand for a select few. With the 390 Adventure we would be making our long awaited entry into the niche premium dual-sport segment which is a very apt segment for Indian roads”

DHFL Pramerica Life Insurance takes life covers to 4.15 crore underprivileged people in the last four years through MFIs

DHFL Pramerica Life Insurance (DPLI) life insurance companies in India today is working towards deepening life insurance penetration in the country through active tie-ups with microfinance institutions and NBFCs. Since FY14-15, the company has provided life insurance cover to 4.15 crore people through this channel. The initiative seeks to align with the government’s emphasis on social security under the financial inclusion mission to address the problem of very low penetration levels in life insurance. During FY17-18, DPLI has paid claims worth Rs.108 Crore and has covered 1.93 crore lives. As of today, DPLI has partnership with 77 microfinance partners including NBFC-MFIs, small finance banks among others.

According to Mr. Anoop Pabby, MD & CEO, DPLI“We understand that life insurance is a key component of financial inclusion. At DPLI, our endeavor has been to take life insurance to the bottom of the pyramid by partnering with microfinance institutions and providing life cover to their customers. These customers who take income generating loans from the MFIs are highly vulnerable to financial shocks and life insurance is a must to support them in times of crises. Life Insurance can make a significant positive difference in the lives of these individuals by helping their families mitigate shocks and improve the management of expenses in case of untimely death of the primary bread-winner. Notably, we have settled claims of 46,000 customers under the MFI segment during FY17-18.”

 

“We are extremely humbled that recently Microfinance Institutions Network (MFIN), the association of MFIs has recognized DPLI as an enabler for the microfinance Industry by providing life insurance services to micro-loan borrowers. MFIN’s primary objective is to work towards the development of the microfinance sector through responsible lending and client protection among others. Through tie-ups with MFIs our objective is to support MFIN in their efforts towards growing the microfinance sector. We are actively looking for more such tie-ups with regional rural banks, self-help groups and other microfinance institutions to increase awareness about the need for life insurance and making it more accessible to the marginalized segments of the society”, Added Mr. Pabby.

Jumpin Heights introduces virtual reality in Adventure sports industry

Jumpin heights, India’s highest fixed platform for bungee jump has come up with a unique experience for its viewers all over the world. Jumpin Heights introduced the world’s latest technology, virtual reality in adventure sports space for the first time in India in collaboration with NatuVR Studios, a Delhi-based Film Production House, specializing in Virtual Reality Filmmaking.  It has built high end Virtual Reality content – creating a thrilling experience for both office and home.

 

The Videos put the viewers in the shoes of the jumper as they experience full 360 views of the jump and the overall experience provided at Jumpin Heights. This is the first time that Virtual Reality has been implemented at a professional level in India in the field of adventure sports. The 360 degree experiences are embedded with texts, edits and music giving making it a unique, exhilarating and very informational immersive experience for the people.

 

Commenting on the implementation of VR facility in the field of adventurous sports, Niharika Nigam, Director Business Development at Jumpin Heights saidWhen we tested the videos on the oculus, the viewers would actually shriek and be out of breath, with shaky knees, and sweaty palms, as if they’d just done the Bungy jumps themselves – and we knew we just had to get this experience across to every portable mobile phone and laptop as well. This VR facility, will allow the viewers to experience the thrill of our sports in as immersive a way, as technologically possible right now. This is the future of videography, and we are proud to be one of the very few globally, and the first in India, to experiment with it in the field of extreme adventure sports – to bring the complete immersive experience to our potential clients, while sitting comfortably at home or in office, before they choose to book with us-to assure them of the safety, and the scale of operations at our location in Rishikesh.”

 

Akshay Raheja, creative director and CEO of the startup NatuVR Studios said that ‘The viewing and reach of Virtual Reality content is on the rise all over the world and The VR experience videos that we have created with Jumpin Heights are state of the art content that’s highly immersive and is built with texts, and voiceovers to make it informational as well. We are lucky to have been given the opportunity to produce such content for the first time in the Adventure Sports field in India and have more exciting collaborations coming up for more such content. This is the kind of content that expands the boundaries of how people can view videos on their phones, laptops and of course VR Headsets.’

Morph.ai among Mayor of London’s India Emerging 20 awardees to go global

A recent report from Grant Thornton UK LLP and the Confederation of Indian Industry (CII) revealed there are currently over 800 Indian companies operating in the UK, employing over 105,000 people. The report found that of the fastest growing Indian companies, over half are now based in London, up from 44 percent in 2017 and 39 percent in 2016.

Facilitating this is the Mayor of London’s India Emerging 20 (IE20) business programme. Into its third year, the IE20 announced the latest list of 20 of India’s fastest growing companies to receive the award and expand to London. The winners were selected from regions across India and represent some of India’s most innovative, high growth businesses specializing in technology, life sciences, and business services.

Morph.ai, a chat marketing platform, has been recognized as one of the fastest growing Indian companies by the Mayor of London, Sadiq Khan, to have received a prestigious award, to get enlisted for the IE20 Business Programme.

Morph.ai is one of the 20 winners which were chosen out of 300 applicants, amidst some of India’s most innovative and emerging businesses. As a part of the IE20 Business Programme, Morph.ai will gain access to London’s distinguished business community. The startup, which is also a part of Nasscom 10,000 startups, HSBC Bank’s ‘Accelerator 2030’ program and YES Bank’s first accelerator batch, looks to expand its presence globally, starting with the UK as a promising market.

Established in 2016, Morph.ai has seen tremendous growth in the past two years, with esteemed clients like Manchester City Football Club, Yes Bank, OMD Australia, 99 acres, Yamaha . The company uses chat as a channel to boost marketing and lead-generation campaigns through social media platforms like Facebook.  “London is a truly global business centre and presents lots of opportunities for Indian companies looking to expand their business overseas.

 

“We are very excited to be a part of Mayor of London’s prestigious IE20 Business Programme.  We already have Manchester City as one of our client in the UK, we look forward expand our business and work with more clients there” said Pratik Jain, Co-Founder of Morph.ai

 

About Morph.ai

Rannvijay Singha becomes Brand Ambassador of online lifestyle media platform “What’s Up Life”

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Gurugram-based online lifestyle media platform What’s Up Life has raised fresh funding from actor and television personality Rannvijay Singha, who also joins the company as its brand ambassador.

Rannvijay’s earthiness, passion, exuberance and effective, yet unassuming demeanor, is what resonates completely with what What’s Up life, entails. The collaboration comes in the wake of WUL raising their first round of funding, a couple of months ago, for future growth and expansion.

As our proud brand ambassadorRannvijay Singha, bytes “ I liked the platform and the way ‘What’s Up Life’ is reaching out to people with their Engaging Content & Events”. Known for hosting a number of MTV Reality Shows, like MTV Roadies, MTV Troll Police, MTV Splitsvilla etc. Rannvijay Singha made his Bollywood debut in Toss: A Flip of Destiny in (2009) and acted in various other bollywood movies like London Dreams, Action Replayy and made his Punjabi cinema debut in 2011 with a film called Dharti.

The Platform curates engaging content over their social media pages, editorials, calendar to keep you updated with all the activities & events across categories. Started as What’s Up Gurgaon, What’s Up Life is present in 5 cities – Delhi , Noida , Gurugram, Kolkata & Hyderabad and today is the largest Lifestyle Media across 3 cities(Gurgaon, Kolkata & Hyderabad) out of 5. They are expanding to Mumbai, Bengaluru, Pune, Chandigarh and Jaipur in the next 6 months.

What’s Up Life, founded by Gaurav H Luthra, (an Alumni from Indian Institute of Foreign Trade), is an Online Lifestyle Media platform to discover exciting new things and places that your city has to offer. One of the first Samaritans in Gurgaon, Gaurav took the onus of creating a platform that would talk about what G-town, as people so lovingly call it, innately encompasses. Gradually, the Platform expanded as a part of his vision.

Gaurav H Luthra the founder said “We are planning to launch ourselves in various other cities & there are also many exciting Events & Product Upgrades lined up. With Rannvijay being there as a mentor cum brand ambassador, You should buckle up for some Excitement & Thrill coming your way”

Venture Garage was the advisor to WUL for the fundraise and also helped in connecting with Ranvijay Singh Singha via their network.

“Strategic investments can provide tremendous firepower especially in the early stages of a venture when the value-addition from the investor’s end matters more than the capital. With Rannvijay onboard the WUL wagon, the business will get a significant boost,” said Vineet Sagar, Managing Partner, Venture Garage

Phased manufacturing plan needed to boost local manufacturing of electronic components other than mobile phones

The Ministry of Electronics and Information Technology (MeitY) should come up with a phased manufacturing plan to encourage manufacturing of electronic components other than mobile phones, suggested a recent ASSOCHAM-NECTI joint study.
 
“As domestic value addition has increased for mobile phones, similar plans are needed to encourage manufacturing of components which are the core ingredients in the overall increase of domestic value addition,” noted the study titled ‘Electricals & electronics manufacturing in India,’ jointly conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and NEC Technologies India Pvt. Ltd.
 
Noting that India lags in component manufacturing, which is the most fundamental block in electronic devices, the report stated that country should focus on reducing component imports and increasing local value addition to become a manufacturing hub.
 
Though the union government is driving reform in IT and electronics manufacturing sector through initiatives like ‘Make in India’ and creating favourable policies to enable an investor-friendly environment, component ecosystem has not taken foothold due to unfavourable scale factor in establishing commercial viability.
 
“Limited fresh investments are coming into the country, due to which existing plants are running at a sub-optimal capacity,” highlighted the ASSOCHAM-NECTI report.
 
Considering that India holds a very small share in the global electronics market, the manufacturers should aim to capture a larger piece of global market by focusing more towards exports.
 
Further, the report said that there is a huge opportunity for manufacturers and foreign companies to invest in India’s electrical and electronics manufacturing to achieve government’s target of $400 bn electronics market.
 
“Even though value of electronics imports increased at a compounded annual growth rate (CAGR) of 7.88 per cent during FY15-FY17, there has been a steady increase in the rate of manufacturing which stood at a CAGR of 23.28 per cent over the same period. The exports have remained constant at $6 bn.”
 
It also highlighted significant increase in value of imports for electronics such as computer hardware as the value of computer hardware imports increased from $6.89 billion (bn) in FY17 to $7.41 bn in FY18 clocking an year-on-year increase of 7.5 per cent.
 
Thus, the report suggested that government should increase export incentives for sectors like computer hardware and peripherals, and light emitted diode (LED) to make India’s manufacturing globally competitive and facilitate domestic component ecosystem growth.