DrinkPrime Recognizes Outstanding Student Talent at JU-CMS Threshold 2024
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DrinkPrime Recognizes Outstanding Student Talent at JU-CMS Threshold 2024

DrinkPrime Recognizes Outstanding Student Talent at JU-CMS Threshold 2024 Bengaluru, 31th, January: Manas Ranjan Hota, Co-founder and COO of the Bengaluru-based smart water purifier on subscription company, DrinkPrime, was the judge for the Best Manager competition at Jain University’s (JU–CMS) Threshold 2024 – The Cosmic Cascade fest. This is a national-level inter-collegiate management fest organised annually by JU–CMS in Bengaluru.

The six participants from different institutions in the city were posed with actual challenges that DrinkPrime faced as they rapidly grew over the last seven years. “I am very impressed with the quality of work and the thought the participants have input to tackle the challenges we posed to them. We might actually implement some of these ideas at DrinkPrime. I saw a lot of potential in each and every one of them that I have opened up internship opportunities for them,” said Manas Ranjan Hota, Co-founder and COO, DrinkPrime.

At this year’s edition, the Best Manager event was conducted to reward the young participants’ leadership skills by assessing their perseverance, strategic thinking and adaptability. The management undergraduates were asked to curate an internal communication initiative; propose strategies for employee retention; devise two cost-effective brand campaigns; and suggest new app features to boost downloads.

io.finnet Achieves SOC 2 Type 1 Compliance, Demonstrating Commitment to Transparency and Data Security
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io.finnet Achieves SOC 2 Type 1 Compliance, Demonstrating Commitment to Transparency and Data Security
London, January 31, 2024:  io.finnet, a pioneering tech firm at the forefront of digital security, is thrilled to announce the successful completion of its SOC 2 Type 1 audit. This achievement underscores io.finnet‘s commitment to robust data security and the protection of user privacy.
SOC 2 is a globally recognized standard for cybersecurity risk management controls, developed by the American Institute of Certified Public Accountants (AICPA). It provides customers with a detailed overview of the security controls implemented by service organizations. The SOC 2 Type 1 audit focuses on managing customer data based on five trust principles: security, availability, processing integrity, confidentiality, and privacy.
“We are proud to have passed this rigorous assessment, which certifies that our controls, processes and infrastructure meets the high standards required for SOC2” said Jacob Plater, io.finnet’s Chief Technology Officer. “This accomplishment demonstrates our commitment to safeguarding our customers’ . Our next goal is to achieve SOC 2 Type 2 certification, demonstrating the effectiveness of our controls.”
io.finnet is at the vanguard of the digital revolution, bridging the gap between the rapid evolution of digital infrastructure and the need for robust digital security. The company’s expertise lies in enterprise blockchain, cryptographic security, multi-party computation (MPC), and secure APIs, providing a strong foundation for industries such as finance.
By successfully completing the SOC 2 Type 1 audit, io.finnet has demonstrated its commitment to transparency and trustworthiness. This achievement reassures clients that their data is secure and managed with the utmost care.
Eicher Trucks and Buses will display India’s First 5.5T EV Truck – Eicher Pro 2055 EV
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Eicher Trucks and Buses will display India’s First 5.5T EV Truck – Eicher Pro 2055 EV

Eicher Trucks and Buses will display India’s First 5.5T EV Truck – Eicher Pro 2055 EV at Bharat Mobility Global Expo 2024New Delhi, 31st January 2024: Eicher Trucks and Buses, a business division of VE Commercial Vehicles Limited continues its legacy of delivering best-in-class fuel efficiency and profitability. Commercially available since September 2023, the Eicher Pro 2055 EV is revolutionizing the delivery trucks segment for a greener e-commerce landscape The Pro 2055 EV will be displayed at the maiden Bharat Mobility Expo 2024. The product marks another milestone in VECV’s commitment to driving modernization and fostering smart sustainability. This aligns seamlessly with the government’s Net-Zero vision, by providing future-ready zero-tailpipe emission mobility solutions for customers.

Mr. Vinod Aggarwal, Managing Director and CEO of VECV said, “As the world aligns with the Sustainable Development Goals (SDG) for 2030, India, being one of the fastest-growing nations, has committed to be a significant contributor to this global effort. The Eicher Pro 2055 EV reaffirms VECV’s dedication to sustainability, as we commit to contributing to a cleaner, safer, and more efficient logistics landscape. Eicher Customers can rest assured of the industry-leading Uptime services that will support their transition to a greener footprint.”

Mr Vishal Mathur, EVP- Light and Medium Duty Sales & Marketing, VECV, added, “The increasing demand for efficient last-mile delivery services has driven e-commerce companies to expand their logistics fleets, a trend expected to persist. Electric vehicles are gaining preference among e-commerce and FMCG companies due to the imperative to reduce carbon emissions and comply with sustainability goals and environmental regulations. The Eicher Pro 2055 EV is a Pro Business & Pro Planet solution for forward-looking customers.”

The 12ft deck-length truck features two complete container solutions, offering both fast and slow charging options tailored to specific application needs. The comprehensive service package considers factors such as charging infrastructure availability, operational requirements, charging times, battery capacity, and overall energy management strategies for the fleet. Additionally, the vehicle includes Eicher’s advanced telematics solution and support from My Eicher services, ensuring maximum vehicular uptime for on-time delivery of e-commerce goods, thereby contributing to sector growth and overall economic development.

Eicher Trucks and Buses offers one of the widest product ranges. These products are produced on Eicher’s most innovative BSVI solution – EUTECH6 which offers the most reliable engine technology and best-in-class fuel efficiency. It is the first player to introduce a 100% connected range of vehicles with advanced telematics which provides enhanced fuel efficiency, superior uptime enabled by the industry-first Eicher Uptime Centre support, and segment-specific benefits such as enhanced logistical efficiency in e-commerce & passenger safety in buses.

Noise Amps up the Rhythm in the Neckband Segment with the Launch of Noise Airwave Neckband Earphones
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Noise Amps up the Rhythm in the Neckband Segment with the Launch of Noise Airwave Neckband Earphones
New Delhi, 31st  January 2024: Noise, India’s leading connected lifestyle brand, is proud to announce the launch of Noise Airwave Neckband Earphones. Designed to deliver an unmatched audio experience, it brings a symphony of sound to every beat for the music enthusiasts with an astounding 50 hours of playtime and tailored with three distinct EQ modes – Tru Bassfor deep lows, Tru Balanced for a well-rounded sound, and Tru Rock for an enhanced rock and metal experience. Customers can enjoy uninterrupted music, podcasts, and calls in a sleek design without the constant worry of recharging. The neckband is available in four exciting colours – Jet Black, Midnight Blue, Ice Blue, and Olive Green, to complement the dynamic preferences of the consumers. It is up for grabs starting today on Flipkart, and gonoise.com at just  INR 999.
Equipped with Environmental Noise Cancellation (ENC) technology, the neckband promises to deliver a crystal clear sound for all purposes including calls, entertainment, and other lifestyle activities. The Noise Airwave Neckband Earphones sport a 10mm driver ensuring every note is heard with precision. It further boasts a low latency of up to 50ms for customers to go through a lag-free experience while indulging in video streaming, gaming, and other such activities. The neckband allows the users to listen to the sound in a way they have never experienced before. ergonomically designed, it also aids convenience on the go for the youth of today.
In addition to this, Bluetooth 5.3v ensures advanced connectivity for stable and hassle-free connections. It facilitates swift connections through its meticulous digital tuning. With HyperSync™ technology in place, the product paves the way for seamless and instantaneous pairing. Designed to withstand an active lifestyle, the IPX5 water resistance rating enables users to relish their music worry-free during workouts. The Noise Airwave Neckband Earphones are all set to combine style, functionality, and affordability, like never before.

Product Specifications

Noise Airwave Neckband Earphones

Playtime

60 Hours

Driver’s Size

10mm

Waterproofing

IPX5

Connection

BT v5.3

Key Features

60 Hours Playtime

3 EQ Modes – Tru Bass, Tru Balanced, and Tru Rock

ENC

HyperSync™

Low latency of up to 50ms
Motorola introduces moto g24 power with an ultra premium design
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Motorola introduces moto g24 power with an ultra premium design

Motorola introduces moto g24 power with an ultra premium designNew Delhi, 31st January 2024: Motorola, today announced the launch of its latest entry-level smartphone in the g series franchise, the moto g24 power. A class-leading affordable smartphone with premium design, a massive 6000mAh battery with a TurboPower™ 33W charger. This device ensures an exceptional and enduring smartphone experience, making it a standout addition to the g series franchise. The moto g24 power has a very elegant look, boasting a 3D Acrylic glass (PMMA) finish, while being one of the thinnest and the lightest devices in segment with 6000mAh battery. This comes with the latest Android™ 14 and showcases an advanced 50MP Quad Pixel camera system, accompanied by a segment’s leading 16MP selfie camera that captures exceptional photos in various lighting conditions.

The moto g24 power’s premium design featuring a streamlined camera housing, enhances the device’s overall aesthetics and provides users with a visually stunning smartphone that is comfortable to hold. Its slim yet robust design is complemented by a side-mounted fingerprint reader, enabling easy and secure device unlocking. The sleek smartphone measuring just 8.99 mm in thickness and weighing 197gm, comes with a water-repellent design and IP 52 rating, and is available in two stunning and elegant colours Ink Blue and Glacier Blue.

The moto g24 power boasts a massive 6000mAh battery enabling users to enjoy their favourite content, play games, and immerse in video calls for longer duration. With the help of a TurboPower™ 33W charger, the device fuels up quickly and provides users a long-lasting entertainment experience that lasts nearly a complete weekend on a single charge.

Further, the moto g24 power comes with the latest Android™ 14 with 3 years of assured security updates. It also comes with various stand-out experiences like Flash notifications, which alert the users by turning on the flash and screen light for incoming calls, so they don’t miss a notification. The Health Connect feature enables users to manage their health data in one place with control for privacy. Noteworthy features also encompass Improved magnification, Data-sharing updates, and Enhanced PIN security. 

The moto g24 power supports an advanced 50 MP Quad Pixel camera system. With this Quad Pixel technology, users get 4x better low light sensitivity for sharper, more vibrant photos – day or night. Plus, the dedicated Macro Vision camera brings users within 4 cm of their subject, so that they can capture tiny details with a standard lens. On the front, the smartphone features segment’s leading 16MP camera, which can capture sharp selfies in the blink of an eye. Furthermore, the camera system also comes with various features and software, such as Auto Night Vision, HDR, and Portrait mode.

The moto g24 power also offers incredible entertainment owing to its notchless 6.6″ 90 Hz IPS LCD display with peak brightness of 537 NITS. Moreover, with a high 90 Hz refresh rate, switching between apps and scrolling websites becomes smooth and fluid. With Auto Mode in action, the screen refresh rate flexibly switches between 90 Hz and 60 Hz, improving the overall battery efficiency of the smartphone. This immersive viewing experience is further enhanced by the stereo speakers with Dolby Atmos® that delivers high-quality audio with improved bass and cleaned vocals giving more auditory clarity at higher volumes.

Commenting on the launch, Mr. T.M. Narasimhan, Managing Director, Mobile Business Group – India, said “We are delighted to announce the latest addition to our g series franchise – the moto g24 power. Through our g series smartphones, we democratize smartphone experiences by offering advanced features at affordable price points, catering to the growing demands of the Indian mobile phone consumer. This smartphone boasts a premium design and a massive battery along with other class-leading features that allow users to experience sophistication and functionality seamlessly at more accessible price points, making it idle for consumers who are constantly on the move.”

Additionally, the moto g24 power provides users with enhanced performance through two RAM variants, namely in-built 4GB or 8GB LPDDR4X RAM which can be expanded up to 16GB with RAM boost feature. It also offers users ample space for photos, films, songs, apps, and games with up to 128GB of built-in Storge. Users can also benefit from 1TB of expandable storage using a dedicated microSD card slot. 

Availability:

The moto g24 power will be available in two beautiful colours: Ink Blue, and Glacier Blue, featuring 3D Acrylic glass (PMMA) finish.

moto g24 power will be available in two memory variants with built-in 4GB RAM and 8GB RAM + 128GB Storage; and will go on sale on Flipkart, Motorola.in and leading retail stores starting 7th February 2024, 12PM onwards.

To know more about the product visit: 

https://www.flipkart.com/moto-g24/p/itm62b4bfe302fae?pid=MOBGUFK4UBP7ZTXJ

Banking Luminary L V Prabhakar – Former MD & CEO of Canara Bank, Joins Capri Global Capital Board
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Banking Luminary L V Prabhakar – Former MD & CEO of Canara Bank, Joins Capri Global Capital Board

Banking Luminary L V Prabhakar - Former MD & CEO of Canara Bank, Joins Capri Global Capital BoardHyderabad/Mumbai, 31th January 2024: Capri Global Capital Ltd, a leading non-banking financial company, has strengthened its Board of Directors with the appointment of Mr. L V Prabhakar, former MD & CEO of Canara Bank, along with distinguished leaders Mr. Shishir Priyadarshi and Ms. Nupur Mukherjee as additional independent directors.

This strategic move, subject to shareholder approval, enhances the Board’s strength to 9 independent directors, contributing to a diverse and robust leadership team in a Board comprising 10 directors, including the MD & CEO.

Mr. Rajesh Sharma, the Managing Director of Capri Global Capital Ltd, expressed enthusiasm about the prestigious appointments, stating, “We are honoured to welcome Mr. L V Prabhakar, Mr. Shishir Priyadarshi, and Ms. Nupur Mukherjee as additional independent directors. Their vast experience across the financial services ecosystem will significantly benefit Capri Global as we embark on our next phase of growth. Their rich and diverse backgrounds in banking, finance, technology, and ESG bring a fresh perspective to our deliberations. This appointment aligns with our commitment to fortify the Board and enhance its independence.”

Brief Profile of New Board Members: 

Mr. L V Prabhakar, former MD & CEO of Canara Bank, brings a rich experience in banking and finance, having held pivotal roles in public sector banks, AMCs, and insurance companies. He has been appointed for a period of 5 years.

Mr. Shishir Priyadarshi, a veteran bureaucrat, and the First Indian civil servant to serve as Director of WTO, adds a wealth of experience to the Board with over four decades in various national and global institutions, bringing a unique perspective. He has been appointed for a period of 3 years.

Ms. Nupur Mukherjee, a technology leader with a focus on data-driven solutions, cloud, and AI technologies, brings valuable experience from top Indian technology companies, serving as the Global Managing Director at Standard Chartered Bank and Barclays. She has been appointed for a period of 3 years.

This dynamic trio of new Board members underscores Capri Global’s dedication to harness diverse expertise for sustained growth in the financial sector.

d-Matrix Expanding its India Presence
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d-Matrix Expanding its India Presence

Bangalore, January 31, 2024: Sid Sheth, CEO of d-Matrix, delivered the keynote presentation for the 2024 IESA Vision Summit, sharing an update on the state of generative AI and the immense opportunity it presents for India’s economy. Sheth detailed d-Matrix’s first-of-its-kind digital in-memory compute (DIMC) solutions, which address current barriers to the commercial viability of generative AI, and highlighted the company’s fast growing operations in India’s tech corridor and around the world.

Key Points

  • India’s Vision for the Future of AI – India is uniquely poised for economic transformation: research projects generative AI to add $1.2 trillion to India’s GDP by FY30, and the startup landscape continues to boom with 102 unicorns and $65 billion in foreign direct investment. The Ministry of Electronics and Information Technology (MeitY) has outlined a clear vision for the future of AI, prioritizing collaboration across sectors and initiatives such as project Bhashini which will help democratize access to digital advancements.
  • Current Barriers to Generative AI Deployment – Today, applications such as ChatGPT are run on GPUs which are not optimized for inference, resulting in a costly upfront purchase, prohibitively high electricity usage and a large carbon footprint for companies running AI applications. In order to make generative AI widely accessible, it needs to be delivered sustainably at a more affordable cost. This requires a purpose-built solution that is performance and power optimized for AI inference.
  • d-Matrix’s Digital In-Memory Solution – The d-Matrix DIMC solution tackles challenges related to memory bandwidth, memory capacity and computational needs during AI inference. The d-Matrix Jayhawk 2 solution delivers up to 150 TB/s throughput in memory bandwidth, a significant jump from the 3 to 4 TB/s that High Bandwidth Memory (HBM) is able to stream on modern GPUs. d-Matrix has created an architecture that significantly enhances key metrics for large transformer-based inference, improving performance by orders of magnitude:

○        Total cost of ownership (TCO) improvement of 13-27x compared to GPUs when running LLaMA2-13B models with 4K context

○        20x better power efficiency, 20x lower latency and 40x higher memory bandwidth

Immense Opportunity with the d-Matrix Team – Headquartered in Silicon Valley, d-Matrix has raised $160 million and expanded to establish design centers in Bengaluru, Sydney and Toronto with 100+ team members (30% PhDs). The company is moving to an expanded facility and is actively hiring across roles at d-matrix.ai/careers/.

Gravolite Partners with Ultimate Kho Kho Season 2
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Gravolite Partners with Ultimate Kho Kho Season 2

Gravolite, one of the leading sports mat manufacturers in India, became the official supplier of kho Kho Mats for the Ultimate Kho Kho  Season 2 scheduled to be held from 24th December 2023 to 14th January 2024 in Cuttack Odisha. These state-of-the art mats have been approved by the Kho Kho Federation of India.

The 2nd season of Ultimate Kho Kho started from December 24, 2023 with six teams, namely Chennai Quick Guns, Gujarat Giants, Mumbai Khiladis, Odisha Juggernauts, Rajasthan Warriors, Telugu Yoddhas.

Gravolite  Kho Kho Mats will be used throughout the tournament considering the infrastructural requirement recommended by the Federation as per international standards and keeping in mind the safety and well-being of the athletes.

Vaibhav Somani, Director of Gravolite, said, We are excited to be the official manufacturer and supplier of Ultimate Kho Kho season2  mats. Kho Kho has been a sport that has not received much recognition in the Indian sports industry in the past but, with such tournaments, players get the acknowledgment and motivation to perform better. We have been manufacturing world-class Kho Kho mats to safeguard the health and well-being of the players. Sometimes, playing such combat sports on ground soil can cause severe injuries or lifelong disabilities to the athletes. But, with Gravolite Kho Kho mats, the athletes get the desired cushion base and floor padding which helps them to maneuver moves without having to sustain injury

Mr., Somani further added we are honoured  to contribute to the success of Ultimate Kho Kho season 2 and to the advancement of Kho Kho  as a sport. He further added that Kho Kho League, is a long tournament, and providing high-quality international mats is our priority.

VAHDAM India Certified as ‘Great Place to Work’ for the Second Time in a Row
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VAHDAM India Certified as ‘Great Place to Work’ for the Second Time in a Row

VAHDAM® India Certified as ‘Great Place to Work’ for the Second Time in a RowJanuary 31, 2024: VAHDAM® India, one of the country’s largest home-grown Indian teas and wellness brand, bringing India’s finest teas and spices across the world, has been officially certified as a Great Place to Work® (January 2024 to January 2025) for the second consecutive year.

This certification reinforces VAHDAM® India‘s ongoing commitment to creating outstanding employee experience and a progressive workplace culture. The organization’s ‘people-first strategy’ consistently focuses on enriching the work environment & empowering employees with the right tools, knowledge & skills needed for sustained growth & development.

Speaking on the recognition, Bala Sarda, Founder & CEO, VAHDAM® India said, “Securing the certificate for the second consecutive time is a prestigious achievement that demands steadfast commitment. Our foundational principles revolve around creating a workplace that is respectful, supportive, and conducive to high performance for every employee. This accomplishment not only reflects the positive experiences of our workforce but also underscores the myriad opportunities they uncover within the organization.”

Commenting on the achievement, Kalpesh Tiwari, Chief Human Resources Officer (CHRO), VAHDAM® India said, “We take immense pride in being bestowed with this certification, which stands as a testament to our inclusive and comprehensive people practices. As an organization, our relentless pursuit is to consistently evolve into the employer of choice. The cornerstone of our organizational ethos lies in our ‘people-first’ policies, and we are resolute in our commitment to perpetuating a dynamic and progressive workplace.”

The certification is the result of a study conducted by Great Place to Work® which is a global authority on building, sustaining, and recognizing High-Trust, High-Performance Culture at workplaces.

VAHDAM® India has been praised by its employees for its strong work culture, supportive leadership, and innovative approach to business. The company has created a positive and dynamic environment that fosters creativity, collaboration, and continuous learning.

CarTrade Tech’s CarWale abSure Achieves Remarkable Milestone With 1000+ Cars Sold In The Month Of December 2023
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CarTrade Tech’s CarWale abSure Achieves Remarkable Milestone With 1000+ Cars Sold In The Month Of December 2023

31st, January 2024, India: CarWale abSure – part of CarTrade Tech Ltd., a multi-channel auto platform to provide hassle-free buying and selling experience to customers, proudly announces the successful sale of over 1000 cars in the month of December 2023. This outstanding achievement is a testament to the platform’s commitment to providing customers with a seamless and transparent used vehicle buying and selling experience. Additionally, the achievement represents a remarkable year-over-year increase of 160 % compared to the same period in the previous year, showcasing CarWale abSure’s substantial growth in sales.

The December 2023 sales data reveals a significant surge, with over 40% of the transactions exceeding the 10-lakh price bracket. Notably, the premium segment witnessed a strong presence of Mercedes, securing an overall 5% of transactions and claiming an impressive 40% market share in the premium segment. Other popular models contributing to this success include Honda City (4.4%), Hyundai Elite i20 (3.7%), Innova Crysta (3.5%), Hyundai Creta (3.2%), and Hyundai Grand i10 (3.2%).

In response to this achievement, Abhishek Patodia, President, CarWale abSure, shared, “We are extremely proud that we have achieved the milestone of over 1000 cars sold through CarWale abSure and Signature dealers in the month of December 2023. As pioneers in the used car ecosystem, CarTrade is at the forefront of innovation, and the sale of 1000 cars on December 23 showcases that consumers want the AbSure offering. Through our platform, we empower a seamless, industry-specific experience, enabling effortless transactions in buying and selling pre-owned vehicles.”

CarWale abSure’s strategic initiatives played a pivotal role in achieving this milestone. High-impact marketing on CarWale used car pages, customised offers and online presence captured the attention of buyers.

As the automotive industry continues to evolve, CarWale abSure remains committed to providing an unparalleled platform for car enthusiasts and buyers, setting new benchmarks in the industry with each passing month.