Home Credit Expands India Footprint, Offers Loans on Purchases of Home Appliances

Loans

* Customer-friendly EMI schemes from leading Home Appliances brands: LG Electronics, Samsung, Sony, Voltas, Voltas–Beko, Blue-Star & Whirlpool

Home Credit India, a local arm of the international consumer finance provider with operations spanning over Europe and Asia and committed to drive financial inclusion in India, has ventured into the home appliances category. The company has partnered with leading consumer durable brands to offer attractive customer-friendly finance schemes. Offers are available across popular Home Appliances brands like LG Electronics, Samsung, Sony, Voltas, Whirlpool, Blue Star, Aisen and Voltas-Beko.

The offers are aimed at providing freedom to customers who wish to purchase a new appliance for their homes, from attractive EMI schemes. The company also offers finance schemes to enable customers to avail affordable EMI benefits on ACs, Refrigerators, Washing Machines, Microwave Ovens, Home Theaters, LED TVs etc.

Commenting on the partnership, Mr. Ankush Khosla, Chief Sales Officer, Home Credit India said; “As a Responsible corporate, we aim to meet aspirational needs of customers for a better life by offering financial solutions that are simple, transparent and accessible to all. During these unprecedented times, we need to understand our customers and their needs very closely as we are witnessing a new normal in customer behavior with their spending habits restricting to essential purchases. For us, customer is key, and we constantly aim to offer them a positive, seamless, and safe borrowing experience, helping them to realize their dreams in a financially secure way. Catering to these changing user preferences, it is Home Credit’s endeavor to provide top-of-class products, unique service experience and value for money to our customers. We’ll continue our efforts to serve the society and be able to overcome this unprecedented period.”

Customers can choose Home Credit to upgrade to a better lifestyle from a wide array of products available across popular brands like, Reliance Digital, Value Plus, Devi International, Sathya Agencies, Sales India, Lotus Electronics, Hariom Electronics, Sargam Electronics, Pai International .

The company has served over 11.3 million customers with various flexible loan options. Being a leader in the financing business of sub Rs 10,000 category, Home Credit provides a plethora of hassle-free financing options from a strong network of around 31,500 points-of-sale (PoS) present over 350 cities. The company is committed to drive credit penetration and broaden financial inclusion through responsible lending in the country.

Launch of JADE N TAN – Adorning Home Store Now in Bengaluru

A much awaited JADE ‘N’ TAN – Adorning home store was launched at Kundanahalli Gate, Varthur Road, Benglauru conceptualised by  Dr. Thomas Johan  with 26 years of international & India experience in home retail and furnishing sector has headed many big box retail brands like Home Centre in Middle East, @home, EVOK by hindware, Home town in India & a award winning social entrepreneur.

Jade ‘N Tan home retail  Pvt Ltd, the boutique is located on varthur road, near Kunadanahalli gate  , the most happening place of Beangaluru. Speaking  on the launch Dr. Thomas Johan, Founder Jade ‘N’ Tan  said that the store has  wide range of Wall Arts, table decor artisan product lines ranging from Rs. 99/- up to 9999/, the  USP of the store which is mainly of wall and table related gallery. The products are 100% Indian hand crafted to help the artisans to portray their works, 40% of the products are unique and designed in-house by Team Jade N Tan .

The store is built as a restoration model by using all Old and used materials for both interiors and exterior, through this we have reduce the  capex in order to  pass on the benefits to the end-users he added.

He also stated that the  reason for choosing bengaluru as destination is because of its life style and passion  to explore all possibilities to retain their home atmosphere in a good condition, we also welcome customisation of designs.

The brand is now ready for franchisee model...

* Soon we will venture in to  E-commerce and enable the online platforms to sell our products .

* Some of  product categories are : Metal wall arts, fine art paintings, clocks, lamps, Photoframes, table decor, Gifts.

* The brand Promises best price challenge by offering the lowest price in the city/country for all comparable products.

Walk in at Jade ‘N’ Tan ,# 43/1, Muni Reddy Compound, Kundanahalli Gate, Varthur Road, Bengaluru,  for more details call: 9958805522 & +91 96862 97236.

https://www.youtube.com/embed/e3H5vNTh_Gw

Hindware Appliances Launches New Range - Ripple series and Alexio series of Auto-Clean Chimneys on Flipkart

Somany Home Innovation Limited, makers of ‘Hindware Appliances’ and one of the top three players in the kitchen appliances segment in India, has launched another futuristic range of auto-clean chimneys ‘Ripple Series’ and ‘Alexio Series’, on Flipkart, India’s homegrown e-commerce marketplace. The latest range of appliances offers advantages like advance level filtration, high suction speed and motion-sensing among others. On the pricing, the Ripple Series has two variants Ripple SS and Ripple Black which are priced between INR 24,990 and INR 26,990. The Alexio Series has one model and is priced at INR 22,990. These products will be available on Flipkart,  which is celebrating “The Grand Kitchen Sale” from July 1 to July 6, 2020.

Amidst the ongoing disruption in the retail industry, virtual is the new way for brands to stay connected with their customers. Therefore, Hindware Appliances has joined forces with Flipkart to strengthen its e-retail business and consistently bring their new offerings to their customers. Both the Ripple Series and Alexio Series auto-clean chimneys offer filter-less technology, max.  suction of 1200 m3/hr, thermal auto-clean, and energy-efficient LED lamp. The Ripple Series comes in two sizes – 600 mm and 900 mm and are equipped with motion sensors for ease of use and metallic blower. The Alexio Series also offers 3-speed touch control and a metallic oil collector. 

Mr. Rakesh Kaul, CEO and Whole Time Director, Somany Home Innovation Limited said, “As we continue to work in the new normal, at Hindware Appliances, our top priority is to enrich our consumer’s lifestyle and ‘give more power in the hands of consumers’. The new range of kitchen chimneys ‘Ripple series’ and Alexio series’ are designed to simplify lives with smart automation while offering industry-best features. Through our strategic association with Flipkart, we will continue to offer our consumer the widest and new generation range of appliances thereby enabling enhanced delight for our consumers.”

Hari G. Kumar, Senior Director at Large Appliances, Flipkart said, “As a homegrown e-commerce marketplace, Flipkart is committed to effectively cater to consumers’ changing requirements by working with ecosystem partners to expand our selection. While the demand for smart kitchen appliances have been on the rise since the past few years, the present COVID-19 pandemic has accelerated their adoption and Flipkart is pleased to partner Hindware to offer millions of our consumers an expanded selection of the best-in-class kitchen appliances across all the serviceable pincodes. We are also making our selection more accessible and affordable through our various payment constructs such as No Cost EMI to make our consumers lives and time in the kitchen simpler and quicker."  

Somany Home Innovation is India’s fastest growing appliances company in the consumer appliances segment with a CAGR of 42%. The kitchen appliance segment is rating in major revenue for the overall brand portfolio. Being the No.1 brand in Kitchen Chimney’s online sales with a market share of 52%, Hindware has registered a growth of over 232% in Kitchen Chimney sales on Flipkart from 2017 onwards and overall Hindware appliances has a CAGR of 124% on Flipkart.

Apart from these, Hindware Appliances has a range of state-of-the-art water heaters, air coolers, water purifiers and fans available on Flipkart. In a span of just 2 years, Hindware’s water purifiers category has grown by 72% at Flipkart, with Calisto Water Purifier, leading the growth. Hindware Water heaters on the other hand has a CAGR growth of 141% in the last 4 years while Hindware Air coolers has grown at a CAGR of 132% for the past 3 years on Flipkart. 

Hindware Appliances is one of the fastest-growing consumer products in the country ranging from water heaters and water purifiers to air coolers, air purifiers, extractor fans, and kitchen appliances, which are all relevant in the modern consumer lifestyle of today, with each contributing to make better homes a reality in India. Currently, Somany Home Innovation Limited (SHIL) has a network of over 9,250+ retail outlets, 700+ distributor partners and our network of more than 800 modern retail stores across India. Recently, the company expanded its product category into IoT enabled appliances across water purifiers, water heaters and chimneys. 

Indian firms to shift to Cloud services, says IDC report

Around 40 percent of Indian enterprises are considering the adoption of cloud services to save costs and compete in the challenging market environment reveals, an IDC report. Currently only five percent of the Indian enterprises have adopted cloud technology. "The main reason in India that is driving the interest towards cloud technologies, is its cost-cutting potential," says Surajit Sen, Director Channels, Marketing and Alliances at NetApp India, a storage and data management solutions provider.

Looking at the growing demand for cloud computing, NetApp has unveiled certain enhancements to its storage line. The company is particularly bullish on the Indian market, which is showing more interest to adopt cloud technologies.

"As the technologies supporting cloud computing have improved, the adoption is also set to grow now," said Alok Bardiya, Vice President, Managed Services and Marketing at Tata Communications, which is a cloud computing service provider in India. NetApp is the technology partner for Tata Communications, which has over a million square feet of datacenters around the globe including six datacenters in India.

NetApp unveiled the latest version of its Data ONTAP cloud platform called Data ONTAP 8. According to Sen, the Data ONTAP 8 is a combination of the earlier platforms Data ONTAP 7G and Data ONTAP GX. With this product offering, the company aims to increase the demand for cloud technologies in markets like India.

The Data ONTAP 8 comes with enhancements such as a new technology for seamlessly moving complete data volumes across multiple storage systems called Data Motion. Other enhancements include a new version of its add-on modules for increasing storage performance, an improved end to end multi-tenancy for better security and a new high-density capacity expansion device for its storage appliances.

Agencies