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Showing posts from April, 2021

Paytm Payments Bank becomes the largest enabler of digital transactions, registers lead in Wallet, FASTag, UPI, Bill Payments & Domestic Money Transfers

by Samiksha - Becomes India's first Payments Bank to achieve 970 million digital transactions in March 2021 - India's largest digital banking service provider with 64 million bank accounts, deposits over Rs 3200 Crores - Ahead of all Indian banks in terms of users' preference to receive UPI payments - Largest UPI beneficiary bank with over 99.96% success rate and rapidly gaining traction as a remitter bank, as per NPCI report - Paytm Wallet strengthens its position as the strongest digital payments service with 325 million wallets - PPBL leads the largest issuer of FASTags preferred by over 9 million electronic toll tags sold across the country India’s homegrown Paytm Payments Bank Ltd (PPBL) has today announced that it has become the top enabler of digital payments in the country by registering over 970 million digital transactions in the month of March 2021. This achievement has been led by the growth in transactions on Paytm Wallet, Paytm FASTag, Paytm UPI, and internet

Siemens and Google Cloud to Cooperate on AI-based Solutions in Manufacturing

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The new cooperation aims to enable the scaled deployment of AI-based solutions  for industrial manufacturing by Samiksha India - April  –  Google Cloud and Siemens, an innovation and technology leader in industrial automation and software, today announced a new cooperation to optimize factory processes and improve productivity on the shop floor. Siemens intends to integrate Google Cloud’s leading data cloud and artificial intelligence/machine learning (AI/ML) technologies with its factory automation solutions to help manufacturers innovate for the future.  Data drives today’s industrial processes, but many manufacturers continue to use legacy software and multiple systems to analyze plant information, which is resource-intensive and requires frequent manual updates to ensure accuracy. In addition, while AI projects have been deployed by many companies in “islands” across the plant floor, manufacturers have struggled to implement AI at scale across their global operations. For more than

Rackspace Technology Defines a New Category in Cloud Services with Launch of Rackspace Elastic Engineering

Designed with cloud native thinking, this ‘do with’ approach gives customers on-demand access to a dedicated pod of cloud engineers working alongside their team to deliver cloud outcomes while empowering ongoing innovation  by Samiksha  Bangalore  –   April , 2021   – ༯span> Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, announced the launch of their new service model designed to help customers build and operate modern cloud environments, Rackspace Elastic Engineering. While traditional cloud managed services are fixed scope and focused on infrastructure operations, Rackspace Elastic Engineering helps customers embrace a cloud native approach while delivering ongoing innovation, modernization, and transformation, in addition to world-class 24x7x365 operations. Releasing today to support all three major public cloud providers, Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP), Rackspace Elastic Engineering

Mumbai’s Khyati Mody set for another first in INRC 2021

by Samiksha Mumbai, April :  Mumbai’s well-known rally-driver Khyati Mody continues to go where no female racer has gone before. After creating many firsts and winning multiple podiums, including internationally, Khyati will become the first and only female participant in the newly added SUV Class in the upcoming Indian National Rally Championship (INRC).  “I am very excited about the new season as I am going to take part in a new class,” she said. “In my first foray into the INRC last year, I managed to finish second even though I couldn’t participate in the final round as I had tested positive for Covid,” she added. This year too, she is aware of the risks involved, with India currently in the grip of a second wave. “There are a lot of worries but I am all geared up for it and I do hope I can compete in each round this year,” she said. Incidentally, she will be travelling from Dubai, where she is currently based, for each of the rounds.  Khyati will be taking part in a Vitara, the sa

Agility launches Consulting Services to mentor platform startups

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by Samiksha New Delhi, 20th, April 2021:  Angel investor platform Agility Venture Partners, who've steered multiple startups through successful bridge rounds, has launched a consulting division to mentor startups. This division, Agility Consulting Services (ACS), will mentor startups across their chapters, including their international divisions in Sydney, London and Dubai. "The startup ecosystem sees nearly 90% companies fail within the first five years, while only 1.3% get to unicorn status. With Agility Consulting Services (ACS), we would help companies get the right expertise on a consumption-based model", said Prashant Narang, founder, Agility Venture Partners.   "ACS plans to help startups in leadership augmentation, business consulting, mentoring and advisory services. We would help them access specialists in the fields of technology and functional support", he added.   ACS unit will be headed by Atul Kulshreshtha, who is an industry veteran, entrepreneur

Wadhwani Advantage launches an Acceleration Program exclusively dedicated to Healthcare Industry

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    The program focuses on assisting businesses across the spectrum, from manufacturers of medical devices to pharmaceutical firms and healthcare delivery providers  by Samikskha   New Delhi ,April, 2021:  As the COVID pandemic has had a significant negative impact on global health, economy and society, medical companies and experts are now poised to tap the many opportunities and build the future of the healthcare industry. In order to accelerate the process, the unique Wadhwani Advantage program empowers businesses in the healthcare sector having the capabilities to accelerate their economic growth by 2x-10x with the help of automated 'Business Discovery and Transformation Tools'. The Wadhwani Advantage program includes 1-12 months of engagement and offers up to three years of hand-holding support enabled through a personalized Artificial Intelligence led business acceleration process. This program aims to ignite the growth of businesses in the healthcare sector, accelerate r

OPPO India launches its e-store in India

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  A One stop shop for all technology enthusiasts and customers The OPPO e-store will give customers a premium buying experience with exciting offers for buyers from the comfort of their homes by Samiksha National, April , 2021:  OPPO ,  a leading global smart device brand, is all set to offer a premium shopping experience to its users through the launch of its e-store in India on 7 th  May. With COVID-19 fast-forwarding consumers’ retail experience today, the OPPO-owned online store will allow customers and tech enthusiasts to shop for any of their favorite products just with a click of a button! sitting right from the comfort of their homes. This step will ensure more convenience while allowing users to have access to the latest brand offerings. A one-stop shop for all innovative and latest OPPO offerings, customers will be able to avail all exciting offers accessible on the e-store. The OPPO e-store will be shipping OPPO products to technology enthusiasts across all parts of the coun

Top 5 indoor plants filled with magnificent properties to celebrate Earth Day

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by Samiksha Earth Day is the time of the year when people move out to appreciate natural surroundings and engage in group activities like tree plantation, disposal of trash in parks/roads, and motivational programmes on sustainable living with focus on recycling materials. Given the pandemic situation this year, it will be celebrated online. In conjunction with this year’s theme ‘Restore the Planet’ Ferns N Petals emphasizes on the importance of plants as they are the best natural resource to produce oxygen in the atmosphere as well as improves the air quality. Keeping plants in the house will help to store carbon and release oxygen keeping the surroundings breathable which will be ultimately beneficial for lungs. Plants are one of the most precious gifts of nature for they benefit mankind in several ways. The advantages of potted plants and flowers for the Earth are myriad; they can be useful in several ways. Ferns N Petals has a variety of plants which will not only purify the air bu

Podar Learn School signs up 13 franchises in 2020-2021 across Maharashtra, Karnataka and Madhya Pradesh during COVID-19 pandemic

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Focuses on delivering qu ality education especially in rural towns ·           Franchise-based initiative by Podar Group of Schools launched in 2016 ·           Aim to enhance quality of education and operations in CBSE/ICSE schools across the country ·           360-degree support in setting up, operations and marketing by Podar Education Network ·           Total of 32 PLS in India across four states - Maharashtra, Karnataka, Gujarat and Madhya Pradesh by Samiksha Mumbai…April 2021…  Podar Learn School (PLS), the best education franchise in India, providing complete all-round assistance in setting up a new school has signed up 13 franchisees in 2020-2021 across India in Maharashtra, Karnataka and Madhya Pradesh states during the COVID-19 pandemic. PLS has been focussing on delivering quality education especially in rural towns of India. These 13 franchisees are across Ranebennur, Latur, Parbhani, Buldhana, Nasik, Solapur, Satara and Chhindwara. Even as the entire country went under l

Cult-favourite beauty brand SUGAR Cosmetics delivers 49X returns to long-term investors - India Quotient

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by Samiksha SUGAR Cosmetics, a cult-favourite amongst Gen Z and millennials, is one of the fastest-growing premium beauty brands in India. Launched in 2015, the brand has quickly made its way into most makeup aficionado’s vanity. The year 2021 was off to a strong start for the digital-first beauty player as they announced a US $21 Million (INR 153 Cr) Series C funding round in early February. As part of this Series C, India Quotient - the company's earliest backer marginally trimmed their holding to clock a 49X return on their investment at an IRR of ~61%.   Till date, the company has raised a total of US $33 Million funds. India Quotient has consistently backed the founding team of Vineeta Singh and Kaushik Mukherjee through all 4 rounds of funding till date including the recently concluded Series C where it co-invested with Elevation Capital and A91 Partners. As a result of this continued participation across rounds, India Quotient is currently the second largest institutional in

MG Motor India joins hands with Devnandan Gases to increase medical oxygen production

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by Samiksha Gujarat, April 21, 2021 : MG Motor India has joined hands with Moksi-based Devnandan Gases Pvt. Ltd. to increase the production of medical oxygen. Founded in 2011, Devnandan Gases Pvt Ltd. is one of the key medical oxygen gas producers of Vadodara. MG Motor India is focused on assisting the overall oxygen gas production. It will address specific areas of the manufacturing process such as infrastructure expansion and the elimination of major losses with lean principles. This will help in increasing the production capacity by 25% in the next two weeks with the vision of increasing it further to 50% in the near future. “At MG, we are committed to supporting the fight against the COVID-19 outbreak. As a part of our care for the communities around us, we are boosting the production of oxygen and providing support wherever possible. We had followed a similar approach last year and stabilized the ventilator production at Max Ventilators plant in Vadodara. Now, we are focusing on e

Veer Foundation steps up efforts to support the people of Mumbai as Covid cases rise

  Worked relentlessly for 12 months since pandemic outbreak to keep the spirit of Mumbai alive by Samiksha  Mumbai,April 2021:     Veer Foundation, Ghatkopar based NGO  has been actively working in supporting the citizens of Mumbai throughout this pandemic.  Their activities were initiated in March 2020, where they offered Free Sanitization services across Mumbai through their 27 Sanitization Centres and have successfully supported in sanitization of over more than 45,000 societies, Offices, Banks, Hospitals, ATMs, Public Toilets and other Public areas including Vehicles and Public Transport. As the pandemic and Covid-19 cases started to rise and the hospitals were fully occupied in June 2020, Veer Foundation had provided Free Medical Oxygen Cylinders for emergency use through their 98 Centres across Mumbai starting from Virar to Churchgate and Dombivali to Colaba.  With the decline in Covid-19 cases, these Centres were gradually closed and reduced to  55 Centres in January 2021.  Curr