Paytm Money Opens Stockbroking for All, Targeting 10 Lakh Investors this Fiscal

* To drive higher penetration in equities investing with Zero Brokerage on Delivery Orders, Rs.10 for Intraday

* Registers over 2.2 Lakh users during its early access program with 65% being millenials

* Offers super-fast and easy to use Stock Charts, Track Market Movers & Company Fundamentals

* Provides a simple platform to set price alerts, subscribe to Stock SIPs, research on stocks and execute trades

* Now available on iOS, Android & web

India's homegrown digital financial services platform Paytm today announced that it's wholly-owned subsidiary Paytm Money has opened Stockbroking access for everyone in the country. The company aims to onboard over 10 lakh investors this fiscal with the majority of them as first-time users from small cities and towns. Its efforts are aligned to drive higher penetration in investing with an easy to use product, low pricing (Zero Brokerage on Delivery Orders, Rs.10 for Intraday) and digital KYC with paperless account opening. The company is striving to become the most comprehensive online wealth management platform in India driving financial inclusion for the masses.

Paytm Money received an overwhelming response to its early access program and registered over 2.2 lakh investors. Out of these, 65% of users are in the age group of 18 to 30 years which reflects more millennials are building their wealth portfolio. The platform witnessed higher adoption from Tier 1 cities such as Mumbai, Bangalore, Hyderabad, Jaipur, and Ahmedabad. Smaller cities such as Thane, Guntur, Bardhaman, Krishna, and Agra are also showing high traction. This service is now available on iOS, android and web with super-fast loading Stock Charts, Track Market Movers & Company Fundamentals. Paytm Money app also offers a seamless interface to set price alerts & SIPs to invest, trade and research on stocks.

Varun Sridhar, CEO - Paytm Money said,"We aim to democratise wealth management services that contribute to the growth of Atmanirbhar Bharat. We believe it's an opportunity for us to enable millennials and new investors to build their wealth portfolio. Our technology-enabled solutions help make stock investing simple and easy. We will continue to challenge the status quo and build India's best product. We remain committed to making Paytm Money a comprehensive wealth management platform for every Indian."

This widespread adoption of Stocks Trading on Paytm Money in such a short span holds considerable significance and indicates recognition towards the company efforts to democratize digital investing for every Indian. Along with simplified investing in stocks, the platform offers ample opportunities to the user to research the markets, explore market movers, create customizable watchlists, and set price alerts for as many as 50 stocks. Also, users may set weekly/monthly SIPs for stocks and automate stocks investing conveniently. With the built-in brokerage calculator, the investor can discover the transaction charges & know the exact breakeven price to sell stocks profitably. Besides, the advanced charts and other options like cover order & bracket order have been added to make the stock trading experience more rewarding. All this and a lot more would be available with absolute data privacy to keep investors’ personal data safe with bank-level security.

About Paytm Money:

Paytm Money is a wholly-owned subsidiary of One97 Communications that owns India's homegrown financial services platform Paytm. It is the largest online investment platform in the country and has now added Stocks also to its current offerings of Direct Mutual Funds & NPS for its users. Paytm Money aims to become a full-stack investment and wealth management platform and bring wealth creation opportunities to millions of Indians. Headquartered and operating from Bengaluru, the team is 300+ member strong. 

Live Online Tutoring Platform Vedantu Ropes in Aamir Khan as Brand Ambassador

 

Vedantu, India’s second most valued EdTech start-up and a pioneer in  LIVE online tutoring has named Bollywood actor, director & filmmaker Aamir Khan for its new ad campaigns.

With online learning becoming the norm, parents are on the lookout for solutions that helps their children navigate complicated curriculum with ease while making the whole experience enjoyable. Vedantu with its new ad campaign aims to make quality LIVE online learning accessible to every child, every home with India’s best curated teachers.

With a simple tagline, “Samaj Aayega toh Maza Ayega, Maza Ayega toh Samajh Ayega”, the 6-ad film series conceptualized by The Script Room conveys the effortlessness of LIVE online learning offered by Vedantu including LIVE interactive platform, doubt solving, super coders, etc. The films are interesting episodes - a day in the life of a very hands-on father, who is now made redundant thanks to Vedantu. Charmingly portrayed by Aamir Khan, the stories are told in a way that clears the apprehensions that any parent would have about online learning through wit and humour, shedding insights into the LIVE online learning. 

Commenting on the objective of the ad campaign, Shivani Suri, Chief Marketing Officer, Vedantu, said “We aim to establish Vedantu synonymous to LIVE learning and revolutionize the online education in India through holistic experiences that foster effective learning. Our campaign is focused on reaching out to parents to address their valid concerns with respect to online learning through a series of very relatable films, which will resonate with them. Aamir Khan as a brand ambassador perfectly embodies the role of an involved parent while bringing his own charm to the character. The tagline itself is well thought of articulation of our brand promise and the learning experience.”

The films are directed by renowned Prasoon Pandey, who adds his personal touch to it. Expressing his views on the film, he said,“The moment Ramsam narrated the core idea to me I knew I wanted to be part of the team working on it. That a father begins to get jealous of the bond developing between his children and Vedantu, made a charming and an endearing human story.

According to Rajesh Ramaswamy (Ramsam), Co-founder, The Script Room, “This was a great opportunity for us. This category is new and exciting. Almost every parent is coping and curious about this new way of education. It was important at this stage to highlight a lot of aspects on online education. So, we had to find an interesting way of using Aamir. Our idea was to convert all the fantastic features and benefits of Vedantu into interesting slice-of-life stories, rooted in some fundamental, easy-to-relate contexts. In fact, everyone including the Vedantu team, Prasoon and Aamir too were more like partners and collaborators on this project. We had a blast making this. It’s a joy to see Prasoon and Aamir together. So enthusiastic and full of ideas.”

The duration of the films ranges from 20- 50 seconds and will be released on television across 46 channels, digital & OTT platforms. The films can be viewed here:

https://youtu.be/eLkUITWRHQo

https://youtu.be/9sZC9U9H68k

https://youtu.be/b_eFIPnHRtk

Credits:

Agency: The Script Room

Production House: Corcoise Films

Director: Prasoon Pandey

Venture Catalysts Bets on IITB and Super30 Alumni Founded 7Classes

Venture Catalysts, India’s first, largest and pioneering integrated incubator and accelerator platform, has invested an undisclosed amount in 7 Classes – World’s first confidence diagnosis-based e-learning platform presenting a unique and out-of-box approach towards education for the 1.3 billion young minds of the world, focusing initially on students of standards 9th to 12th in India, Dubai and the US.

Founded by a team of IIT-B, NIT & Super30 alumni - Anup Raaj (IITB alumnus, ex-CTO PSTakeCare acquired by K. Ganesh’s Portea and a student of Super30 Fame Anand Kumar), Arun Kumar Gupta, Ranjan Kumar Soni (NIT JSR Alumnus) and Arvind Patel (IITB Alumnus) - 7Classes has built an innovative educational framework by continuous innovation such as only 7 students in one batch, reverse interaction by the teacher, 2 teacher model of teaching, confidence diagnosis driven learning etc. This system is designed to solve the menace of crowded classes and low confidence issues of students.

Speaking on the fund raise, Anup Raaj, said, “Our current fundraise will allow us to reach out to the grassroots of the country. This year our goal is to ensure we are a known educational brand in Indian and Dubai market. Fund will be spent on building the confidence diagnosis, teacher empowerment tech in 12-15 languages to make it reachable and accessible to almost every parent.”

Speaking on the investment, Apoorv Ranjan Sharma, President and Co-founder, Venture Catalysts, said, “We were really impressed with the concept of 7Classes, which aims to address the fundamental problems that disrupt the education of children. The founding team is well qualified and experienced to guide students as and when they face any difficulties. We are confident that their unique teaching model will receive a positive response from both students and parents across India, Dubai and the US.”

7Classes is a fully digitised EdTech platform for aspiring IIT JEE, engineering, medical and Olympiads students to learn and prepare for Competitive exams. The classes are a two-way interactive format and teachers follow an in-house created proprietary model (2:4:1) of study plans, teaching modules, heutagogy, testing tools, confidence tracking mechanisms, one-to-one attention for each and every student and inclusive individual growth tracking systems.

About VCats

Venture Catalysts is India’s first integrated incubator. It invests $250K – $1.5 Million in early stage startups that have potential to create enduring value for over a long period of time. Venture Catalysts brings a lethal combination of Capital, Mentoring and Business Network to help investee companies to succeed. Their innovation provides value to startups through its extensive angel network, funding, community, services and co-working facility.

World Rabies Day: Rabies Killed More People in India in the Last 5 Years than COVID-19

* According to WHO estimates, 20,000 rabies deaths every year in India; accounts for 36% of Rabies caused deaths – the highest in the world 

* Webinar organized by Indian Immunologicals – Managing Animal Bites Better with eminent experts; promotes Rabies awareness pro Fearless Against Rabies campaign 

* Worldwide 28th September is observed as World Rabies Day to mark the death anniversary of French scientist Sir Louis Pasteur – the inventor of the Rabies vaccine  

Some facts on Rabies 

* WHO estimates every year around 1.75 million dog bite cases with 59,000 deaths worldwide (India - 20,000) with 95% taking place in Africa and Asia 

* Stray dogs account for nearly 80% of the canine population in India; high incidence Rabies due to poor vaccination 

Rabies is an infectious viral disease that is fatal by the time its symptoms start appearing after an animal bite. The WHO estimates the death toll caused by Rabies in India at about 1 lac in the last 5 years with more than 1/3rd (36%) of the total deaths across the globe. Every year in the world, 90% of Rabies deaths occur in the children living in rural areas of Africa and Asia while coming into contact with infected dogs. The number of Rabies deaths are still much above than COVID-19 related deaths reported so far (95,500 as on Sep 28). Indian Immunologicals Limited (IIL), a leading biologicals company, organized a virtual session to address the issue with eminent heath experts on the occasion of World Rabies Day. 

The situation is deep-rooted in India due to the lack of awareness of preventive measures, uncontrolled canine population, insufficient dog vaccination, poor knowledge of proper post-exposure prophylaxis. The webinar on the topic of ‘Managing Animal Bites Better – Lets Collaborate, Educate and Vaccinated’ discussed on these issues. The panellist included Padamashree Dr. Oomesh Kr. Bharti, Epidemiologist, State Inst. of Health & Family Welfare (Shimla), Dr. M K Sudarshan, Founder President of APCRI, Dr. DH Ashwath Narayana, Superintendent of  KIMS (Bengaluru), Dr. Sumit Poddar, Antirabies Consultant (Kolkata), and Dr. Shrikrishna Isloor, Asso. Prof., Animal & Fisheries Sciences University (Bengaluru). 

IIL’s Fearless Against Rabies campaign 

IIL believes that awareness plays the vital role in rabies prevention. The initiative “Fearless against Rabies”, is a digital campaign intended to create awareness on varied aspects related to Rabies for public at large and also for medical professionals through multiple mediums. This platform encourages organizations & schools to come forward and collaborate in organizing awareness sessions on Rabies. Through this initiative, IIL also aim to create awareness about pre-exposure prophylaxis among pet owners, children, walkers, runners ,veterinarians, animal control & wildlife officers  and all other high risk groups. For further details on this and  join hands in our effort. 

While speaking on the handing Rabies, Dr. K. Anand Kumar, Managing Director, Indian Immunologicals Limited said, “IIL is truly a One Health company, playing a significant role in eradicating and providing cost-effective tools for the control of various zoonotic diseases in the country including the dreaded Rabies. As we move ahead there is an acute need of increasing the awareness level among the population at large. On World Rabies Day, several organizations come forward to intensify actions for the awareness of Rabies. IIL’s initiative of ‘Fearless Against Rabies’ is well set to reach out to a larger population on the awareness of preventive measures for rabies.”  

“Indian Immunologicals has been a pioneer in making anti-rabies vaccine accessible for both humans and animals. IIL is one of the world’s largest producers of rabies vaccines and consistent supply of “Abhayrab” anti-rabies vaccine has helped reduce the burden of this deadly disease. This has been possible due to our committed people, wide and robust distribution network, and highly efficient manufacturing and quality systems ,” added Dr. Prasanna Deshpande, Deputy Managing Director, Indian Immunologicals Limited. 

Indian Immunologicals Limited (a subsidiary company of the National Dairy Development Board) is a leading biologicals player and the world’s largest manufacturer of animal rabies vaccine (Raksharab) and human rabies vaccine (Abhayrab) in the country with 30 Million combined vaccines doses every year from its facilities in India. Recently, the IIL launched eco-friendly packaging of its Rabies vaccines reducing the plastic burden by 160 tonnes per annum. 

Hindware Kitchen Ensemble Introduces its New TVC on Hob with MaxX Safe Technology

* Conceptualised by DDB Mudra, the TVC showcases the power of new revolutionary Flame Failure Device (FFD) technology introduced in hob segment by Hindware Appliances

* The hob comes with FFD that automatically stops the gas supply when the flame goes off preventing accidental leakage

* Led by an entertaining TVC, and supported by 360-degree marketing activations, the integrated campaign runs across geographies and languages in India

Somany Home Innovation Limited, makers of ‘Hindware Appliances’ and one of the leading players in auto clean chimney segments in India, is proud to introduce its breakthrough technology and design innovation with the new TV Campaign for Adonia Hob with MaxX Safe Technology. Ahead of the festive season, Hindware brings to its customers another innovation in its range of hobs in form of the Flame Failure Device (FFD). This device automatically cuts off the gas supply whenever there’s an accidental leakage, when the flame goes off.

Conceptualised and created by DDB Mudra, the TVC brings back Neha – a smart and modern woman - and her snooping and gossipy neighbour Evilika who were part of last year’s beloved and popular Titania TVC as well. Neha is shown boiling the milk over the hob just as Evilika enters and starts gossiping. However, she gets distracted by Neha’s new stylish Hindware Hob and is shown getting curious and jealous about the new appliance. She fidgets with the knobs but is surprised to note no leakage of gas. On closer examination of the hob – as Neha steps asides – Evilika marvels at the new Flame Failure Device.

The campaign aims to highlight the MaxX Safe technology which prevents the gas leakage in case the flame gets off while the knob is in the ON position. The TVC emphasizes on the dual convenience that the Adonia Hob provides – handiness in cooking and safety from fire-related mishaps and not to forget the appealing aesthetics of the hob.

With this TVC, Hindware Kitchen Ensemble is taking a 360-degree marketing approach for the coming festive season. The campaign will be present across various platforms such as electronic, print & digital. For a wider reach, the TVC will be aired on key regional channels in languages like Bengali, Kannada, Tamil, and Telugu including prominent News channels.

Mr. Rakesh Kaul, CEO & Whole Time Director, Somany Home Innovation Limited (SHIL), said, “Designed for modern-day homes, Hindware Kitchen Ensemble, one of the leading players and trusted brand in the consumer appliance category aims to grow the business manifold. It offers top-of-the-line products to Indian consumers. It helps our customers adopt a comfortable, luxurious and sustainable lifestyle while fostering innovation”.

Mr. Kaul further added “We received an overwhelming response to the TVC for Titania series and we decided to bring back the creativity to underscore the innovation in form of the Flame Failure Device in the hob series. This is a revolutionary addition to our range of hobs and a testament to Hindware’s legacy of creating symbiosis between consumer requirements and superior technological solutions. With the Adonia series we aim to endorse a safe and hazard-free environment and encourage the consumers to cook with the MaxX Safe Technology.”

Commenting on the commercial, Spokesperson from DDB Mudra said, “This Hindware HOB is a state-of-the-art kitchen appliance for users with an essential safety feature. The team has tried to create a realistic kitchen scenario in the story which revolves around the product and its main feature - Maxx safe technology.”

L&T Technology Services Selected to Support Tenneco DRiV Ride Performance Division

 

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, today announced that it has been selected to provide engineering services for Tenneco’s DRiV original equipment (OE) Ride Control business group.

LTTS will set-up a HUB Development Center to provide DRiV with additional engineering capacity in conventional damper and component development.  The HUB Development Center will also provide a hybrid, unified engineering business model for supporting established domains such as mechanical, product lifecycle management (PLM) and digital engineering. LTTS will also work with DRiV to modernize and upgrade engineering tools and create a global benchmarking framework for product lifecycle analysis.

Nik Endrud, Group Vice President and General Manager, DRiV Ride Control, said, “The transportation industry has witnessed a dramatic revolution in recent years mainly driven by digital technologies. Our engineering teams play a crucial role in designing and developing new- and next-generation suspension technologies that help our OE customers differentiate themselves in an extremely competitive and fast-changing market.”

LTTS is a well-known leader in engineering services with robust infrastructure for automotive engineering including 11 dedicated labs, a track record of working with leading OEMs and the ability to create exciting patents and solutions for customers.

“LTTS will develop design automation and back office support tools that will help increase efficiency for our global engineering organization. We expect LTTS’ services will help strengthen our focus internally on developing and launching innovative suspension technologies in our engineering centers of excellence in Europe and the US, as well as offer an efficient capacity management service to flex to the growing needs of the global suspension market for conventional damper and component engineering,” Endrud added.

Shailendra Shrivastava, Global Head of Ground Transportation at L&T Technology Services said, “At LTTS, we look forward to taking up challenging opportunities in engineering programs pertaining to product lifecycle management and this new engagement will help set the stage for us to create engineering tools to support DRiV engineers in developing intelligent suspension technologies and innovative passive solutions. LTTS looks forward to working with DRiV and capitalizing on prevailing trends such as new hybrid mobility models and the evolution of intelligent cars.”

About Tenneco

Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with 2019 revenues of $17.45 billion and approximately 78,000 team members working at more than 300 sites worldwide.  Our four business groups - Motorparts, Ride Performance, Clean Air and Powertrain, deliver technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket. 

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 16,600 employees spread across 17 global design centers, 28 global sales offices and 51 innovation labs as of June 30, 2020.

AVRA Laboratories Establishes CSIR - A V Rama Rao Chairs for Translational Research

Avra Laboratories, a leading pharmaceutical company founded by Padmabhushan Dr. A. V. Rama Rao, will be establishing three research chairs at the Council for Scientific and Industrial Research (CSIR) with the aim to support and recognize exemplary work in the field of translational research. The chairs, named in honor of Dr. A. V. Rama Rao, a former Director of the CSIR-IICT, will provide a three-year fellowship to selected scientists to recognize and advance their efforts. The chair selection committee has selected the following nominees for FY2020-2023 to receive the prestigious fellowship:

1. Dr. S. Chandrasekhar, Director, CSIR-Indian Institute of Chemical Technology, Hyderabad for exemplary contributions in translational research for the Pharma sector.

2. Dr.  Amol A. Kulkarni, Sr. Principal Scientist, CSIR-National Chemical Laboratory, Pune for outstanding efforts in translational research and commercialization of continuous process equipments including micro and flow reactors.

For over 25 years, Avra Laboratories has been working closely with domestic and multinational companies to develop and supply advanced pharmaceutical intermediates from lab to commercial scale, and has developed novel low-cost manufacturing processes for several complex molecules. Dr Chandra Ramarao, Chief Operating Officer at Avra Laboratories and a member of the selection committee commented “It is indeed an honor and privilege for Avra to be associated with CSIR and highlight the work of exceptional scientists who have extended their laboratory research towards tangible solutions and products.”