Friday, March 19, 2021

Breathe Out Exam Stress In India With Headspace Minis On Snapchat


A stack of rough notes, sample test papers, and fresh stationery describe a student who is gearing up for exams. Stress and anxiety is inevitable and it’s important to keep calm and de-stress from time to time ahead of your exam day. It is also important to keep a close check on your friends as well to ensure they are relaxed and in a better frame of mind to give their best shot. For those seeking peace, meditation can help in many ways from relaxing your mind to help you focus better.

If pressed on time and unable to meet your friends in person, we recommend trying three Headspace mini-meditations on Snapchat that will help you and your friends feel relaxed instantly together.

●  Kick The Panic - this meditation set will allow you to recognize your fear and help you overcome feelings of panic and anxiety leaving you feeling refreshed

●  Just Breathe - when trying to keep up with practice sets and revising your lessons, it's important to take a moment and catch your breath. Just Breathe will help you make your study breaks more productivity by focusing on your breathing.

●  Me Time - as the name suggests, the meditation will help you disconnect from your routine for a couple of minutes and will allow you to bounce back feeling refreshed

The Headspace Mini on Snapchat was launched to provide a safe space for friends to practice meditation. In its first month of being live, over 5 million Snapchatters engaged with the Headspace Mini.

Johnson Controls-Hitachi Air Conditioning India Introduces Exclusive ‘Hitachi Home’ In Chandigarh And Panchkula Market


* State Of the Art ‘Hitachi Home’ aims to be a One Stop Shop for consumers seeking for company’s inspired designs and innovations in Air Conditioning & Refrigerators

* Hitachi bullish on market expansion, channel strengthening, new line up and new store openings to beat the heat this summers for the consumers in Punjab

Johnson Controls - Hitachi Air Conditioning India Limited, the joint venture company of Johnson Controls and Hitachi Appliances, Japan and manufacturer of India’s one of the premium air-conditioner brand ‘Hitachi’ is bullish and all set to seize the market leadership position in Punjab. The company has announced its aggressive expansion plans to scale up its channel partner network and strategic alliances in the promising air conditioner market of Punjab. In its endeavor to offer ultimate product experience, ease and comfort to its consumers, the company has also opened two exclusive Hitachi brand outlets called as ‘Hitachi Home’ in Chandigarh and Panchkula. ‘Hitachi Home’ is aimed to be a one-stop-shop for consumers of the region to experience the stunning designs, pathbreaking innovations and product solutions in residential air conditioning from Hitachi under one roof.

The company has also announced the launch of its super exciting range of new-age Room Air Conditioners for 2021. Hitachi Cooling and Heating India is offering a wide range of 30+ models and 90+ SKUs in Room AC category which caters to the ever-evolving need of Indian customers’ in both residential and light commercial spaces for their home, villas shops, boutiques , offices etc.

Inspired by nature and its Japanese roots, the new aesthetically appealing and premium looking product lineup includes Hitachi Cooling and Heating’s first ever ambience light introduced for Indian market. With the change in set temperature of AC, the Ambience light lets you know the ambience around you. Blue colour of ambience light means it’s a cool ambience and similarly Green colour & red colour of ambience light indicates comfort and warm ambience around you. Hitachi Cooling and Heating India’s new stunning ‘iconic wave design’ is inspired by naturally existing wave form and fusion line is inspired by the Japanese Kintsugi art. The company has also introduced new airCloud Home app for its Wi-Fi enabled ACs with smart geo fencing feature and voice command and a plethora of other futuristic air conditioning products and technologies.

Johnson Controls-Hitachi Air Conditioning India Ltd. has partnered with Electronic Centre, Chandigarh’s leading consumer electronics store to open exclusive ‘Hitachi Home’ retail outlet in Sector 35-B,Chandigarh. The new ‘Hitachi Home’ retail outlet in Sector-16, Panchkula is in partnership with New Bansal Electronics.

Inaugurating ‘Hitachi Home’ in Chandigarh, Mr. Gurmeet Singh, Chairman and Managing Director, Johnson Controls - Hitachi Air Conditioning India Limited said, “Our expansion and expropriation strategy focuses on investing in brand building, development of energy efficient products, strengthening our channel network and improving our post sale services. Hitachi is committed to set new consumer satisfaction milestones with its best in class products and solutions. Our innovations are developed keeping consumer needs in mind, because at Hitachi ‘New begins with you’.”

“Liaising with our channel partners is on the top of our priority list and we value their contribution and support in our mutual growth. Electronic Centre in Chandigarh and New Bansal Electronics in Panchkula are our proud category Channel Partners with a strong hold in their respective markets. It is our constant endeavour to respect and value such partners as they play a vital role in our journey”, Mr. Singh further added.

Talking about the partnership, Mr. Arun Goel, MD, Electronic Centre, Chandigarh said, “Since last 40 years, Electronic Centre in Chandigarh is seamlessly offering great products of high quality brands to its customers. We have a long and enriching association with Hitachi Cooling and Heating and we are very happy to start this new journey with the brand. The state-of-the-art experience zone at ‘Hitachi Home’ will have a unique product display area showcasing Hitachi’s diverse product line up of residential cooling solutions. These products will be at live display for a better understanding of the consumers.”

Hitachi currently has a strong nationwide distribution network. It currently consists of over 10,000 sales points and more than 290 exclusive sales and service partners. In a drive to become country’s most preferred air conditioning brand, the company with its good market share and high brand recall in the top 20 metro cities is now focusing on expanding its reach with deeper penetration in Tier 2 and 3 cities and towns.

Mr. Ravi Bansal, Owner, New Bansal Electronics, Panchkula said, “Our long association and experience with Hitachi has been very satisfying and enriching. It has provided the best platform for us to excel in the fast growing residential and commercial cooling segment. Customers at Panchkula are very progressive and demand best quality products. We are confident that our new and exclusive ‘Hitachi Home’ in Panchkula will empower our customers by giving them the opportunity to own a Hitachi with pride over other run of the mill air conditioning brands.”

Hitachi Cooling and Heating aims to reach every Indian household and become India’s leading air conditioning brand with its innovative product range, best in class indigenous manufacturing facilities, world-class R&D facility and a continuous endeavor to give its customers a better post sales service experience. The company has aggressive plans to promote and push ‘Made in India' ACs and aims to reduce its component imports to almost to half and increase exports three folds in the next three years.

About Johnson Controls-Hitachi Air Conditioning India Limited:

Johnson Controls-Hitachi Air Conditioning India Limited is a joint venture company of Johnson Controls, US and Hitachi Appliances, Japan. Through this joint venture, we have combined the rich heritage and innovative technology of Hitachi with the industry-leading expertise and a global network of Johnson Controls. The partnership is aimed at addressing the cooling needs faster, smarter and much more efficiently than ever before. Our customers will stand to benefit from our world-class R&D centres, where our researchers work tirelessly to provide innovative solutions and quality products that are designed to meet every expectation. Johnson Controls – Hitachi Air Conditioning Company has global presence, out of which India unit is called “Johnson Controls-Hitachi Air Conditioning India Limited”

Johnson Controls-Hitachi Air Conditioning India Limited manufactures a wide range of products under Hitachi brand, such as room air-conditioners (Split & Window ACs) to commercial air-conditioners including Chiller, Cassette Air conditioners, Ductable air-conditioners & VRF systems. Our company is not just limited to making air conditioners but also, into trading of Refrigerators.

Johnson Controls-Hitachi Air Conditioning India Limited’s headquarter is situated in Ahmedabad, Gujarat with manufacturing plant in Kadi, Gujarat. Johnson Controls-Hitachi Air Conditioning India Limited is amongst the top air-conditioning companies in India..

ekincare Drives COVID Vaccination For The Indian Corporates


ekincare, one of India’s leading employee healthcare management companies, announced the initiation of COVID vaccinations for employees and their dependents from March 8th, 2021. The vaccination drive is being streamlined to address technical issues with Co-Win and is carried out with 100% compliance with government directives.

ekincare, along with its various trusted healthcare partners including NU Hospitals, Kauvery Hospitals, Sahyadri Hospitals and 1 mg, to name a few, is rolling out the vaccine at all the major metro cities, with additional locations pan-India to be added in a phased manner. The vaccination schedule began from March 8th, 2021 to start inoculating employees’ at-risk family members, including senior citizens.

ekincare has proven experience with inoculation drives, having administered over 10,000 vaccines in the past 3 months for 25 client companies. Along with this, it is the single largest POC for pan-India coverage, with more than 25 currently operational centers with plans to expand to over a 100 more locations across the country. ekincare also provides 24/7 doctor support in case of emergencies or adverse effects from the vaccine, making it one of India’s most trusted healthcare management firms. Using the ekincare app, employers can track their employees’ health and address any health-related concerns that might arise amongst the workforce and with its 24/7 doctor support and self-health tracking, the app allows employees to manage their own health needs from one unified app.

Kiran Kalakuntla, CEO of ekincare said, “Early adoption of employee vaccination can improve employee morale, alleviate risks of COVID infection and provide peace of mind, leading to easier transition to carrying out business at the workplace again. We are working closely with the hospitals, corporates and following all Government of India protocols to ensure smooth running of this exercise.”

COVID-19 Vaccination Execution Plan – Current Phase:

While ekincare has listed a few major metro locations to begin with, the list is expected to grow up to 100 in the next phase once diagnostic centers are allowed to. The vaccination can be administered at home (including dependents) or at office premises or at a partner location where ekincare takes care of cold chain logistics and stock management across defined locations altogether.

Also, they ensure availability of family doctors for remote monitoring of health in case of any adverse effects wherein employees can initiate a doctor chat in case of any health issues 24/7.

Awareness Generation & Compliance Management: ekincare extensively takes care of navigating through the government compliance management (as per GOI protocols from time to time) and also helps drive awareness of the initiative for the employees including administration of the second dose, So, whenever the second dose would be due for a customer, the ekincare team will reach out and schedule inoculation for them.

Holding a profound experience in inoculation with over 10,000 vaccines administered in the last 3 months and being the single POC for pan-India coverage along with ensuring 100% compliance with any upcoming government regulations makes ekincare the best Industry leader in employee health benefits, trusted by 250+ clients.

Successful implementation of vaccines in the past

With experience of handling vaccinations like Typhoid, Flu, etc. across multiple clients, both on-site and at home, ekincare is ready to ensure your employees are safe and have the smoothest experience with the COVID vaccine as well.

For BFSI and Agri clients with 14,000+ and 5000+ employees respectively, ekincare has set up on-site camps during flu season at 13 locations and covered over 1700+ employees in total. Additional 2500+ and 700+ employees each were vaccinated in these drives using at-home inoculation in 15 cities.

About ekincare:

Founded by Kiran Kalakuntla and Srikanth Samudrala, ekincare is a health benefits platform that helps companies administer benefits efficiently, optimize their healthcare spends and show real health outcomes. ekincare’s patent-pending AI powered health assistant reads medical data from disparate data sets to create a health graph, predicts health risks, and provides timely personalised recommendations to beat those risks.

Shapoorji Pallonji Real Estate Launches New Phase Of Parkwest In Binnypet, Central Bengaluru


After the successful launch of Phase 3, Shapoorji Pallonji Real Estate, one of India’s most trusted real estate brands, has announced the launch of a “new phase at its luxury residential project Parkwest” in Binnypet, Central Bengaluru. The new phase will have around 440 efficiently designed luxury apartments with configurations of 1 BHK, 2 BHK, 2.5 BHK and 3 BHK, ranging from 462.10 sq.ft. to 1185.07 sq.ft. 

The residences are available between the price range of Rs 72 lakh to Rs 2.06 crore onwards.   

The estimated cost of constructing this new phase will be around Rs 300 crore. 

In three phases, the company had launched over 1900 apartments which are almost sold out. It has also delivered more than 700 apartments of Phase 1 as per the timeline.  

Commenting on the launch, Mr. Venkatesh Gopalakrishnan, Chief Executive Officer at Shapoorji Pallonji Real Estate, “We have witnessed a steady demand for spacious luxury homes in the last few months which indicates a shift in the post-pandemic consumer behaviour in Bengaluru market. Leveraging this shift and latent demand, we have planned to launch new phase, believing this is the right time to bring best products to the central Bengaluru micro-market.”  

“Given the current scenario, customers look forward to assurance from trusted brands to reimpose their faith in buying a home and we are confident that Parkwest will not only deliver but exceed customers’ expectations of luxury living,” Mr. Gopalkrishnan further added.  

Spread across 46 acres of development in lively Binnypet and nestled in a serene environment amidst lush greenery, Parkwest is one of the largest luxury residential developments in Central Bengaluru. The luxury residential project offers spacious homes with large deck, ample sunlight, fresh air and breath-taking views.  

The newly launched phase, named Parkwest 2.0, will have a state-of-the-art Clubhouse, infinity-edge pool, pet park, adventure play area, BBQ deck, Zen garden, senior citizens pavilion, cricket pitch, themed gardens, sandpit, treehouse, spa, gymnasium, jogging track, tennis court, basketball court, squash court, table tennis, amphitheatre, restaurant, reading corner, multi-purpose sports arena etc.  

Parkwest’s appeal lies not just in the thoughtfully planned apartments but also in the abundant open spaces that come with the project in the city centre. It is one of the largest luxury residential gated communities in the centre of the city. It offers modern lifestyle amenities that includes Club Uno – a 5200 sq. mt. clubhouse with premium amenities like swimming pool, 2 squash courts, multipurpose court, table tennis, cards room, gym, restaurant, banquet hall, salon, spa and guest rooms. The company has already delivered the clubhouse with Phase 1.  

Located at Binnypet, in the heart of Bengaluru, the project is within easy reach from Metro Station, Majestic Bus Stand and City Railway Station. Parkwest ensures the best for residents, offering easy access to the Central Business District, shopping malls, schools, hospitals, commercial complexes, restaurants and entertainment options. 

Shapoorji Pallonji Real Estate has a development pipeline of over 80 million sq. ft and is looking to double its top line in the next 2 to 3 years. It is one of the top five real estate developers in India by sale. 

About SPRE  

Shapoorji Pallonji Real Estate is a well-regarded, reputed player in the Indian real estate sector owing to cutting-edge design innovation, construction quality and architectural excellence. It constitutes a significant segment of the Shapoorji Pallonji Group – an enormous multi-business conglomerate. The group has a 155-year legacy that bridges the earliest celebrated structures of India and the modern marvels. Shapoorji Pallonji Real Estate has made inroads into most Indian cities – Mumbai, Pune, Bangalore, Gurugram and Kolkata - with a variety of developments from luxury apartments, opulent residences to aspirational homes for mid-income homebuyers as well as one of the largest mass housing projects in India. 

Thursday, March 18, 2021

METRO Cash & Carry India To Cover COVID-19 Vaccination Cost For All Its Employees Across The Country


* Plans to inoculate over 14000 direct and indirect employees based out of all its 28 stores in India

* The COVID-19 vaccination drive will cover all on-roll, contractual staff, security personnel, drivers, promoters, porters and loaders

METRO Cash & Carry, India’s leading wholesaler and food specialist, will be covering the COVID- 19 vaccination cost for its entire workforce in India. Supporting Government of India’s COVID-19 vaccination drive, the company has decided to cover the COVID-19 inoculation cost of over 14000 direct and indirect employees, including contractual staff, security personnel, porters, loaders, working across its 28 stores in India.  

As part of the ongoing vaccination drive, METRO has facilitated voluntary vaccination of employees above the age of 45 with specified comorbidities as laid out by Union Ministry of Health and Family Welfare. The company is partnering with industry bodies and other authorities to conduct the immunization program. The benefit will be extended to the rest of the employees as and when the government rolls out the next phase of the vaccination drive. The current initiative is in addition to the regular health insurance cover that is provided by the company to all its employees.

Speaking about the initiative, Mr. Arvind Mediratta, MD & CEO, METRO Cash& Carry India said, ‘At METRO, we prioritize the health, safety and well- being of our entire employee ecosystem. During the pandemic, our employees have braved odds and shown tremendous courage to report to work, and have been working diligently to ensure uninterrupted supplies to all our business customers, especially the kiranas. Covering their vaccination cost is a small way to express our gratitude to them for their resilience and selfless service throughout this phase. While the choice of opting for the vaccination is voluntary as per employees’ discretion, currently it is one of the effective means to fight the pandemic, and we are encouraging employees to opt for it.  

He further added, ‘The pandemic has also reiterated the true value of the presence of small shops and kiranas in our neighborhood. It is important that government of India acknowledges the contribution of the kirana community along with the retail employees during the pandemic; and recognize them as ‘frontline workers’, as they have been serving the nation tirelessly despite being vulnerable to the risk of infection. They should be prioritized in the ongoing vaccination drive.”

About METRO Cash & Carry

METRO is a leading international wholesale company with food and non-food assortments that specializes in serving the needs of hotels, restaurants and caterers (HoReCa) as well as independent traders. Around the world, METRO has some 16 million customers who can choose whether to shop in one of the large-format stores, order online and collect their purchases at the store or have them delivered. METRO in addition also supports the competitiveness of entrepreneurs and own businesses with digital solutions and thereby contributes to cultural diversity in retail and hospitality. Sustainability is a key pillar of METRO’s business. The company operates in 34 countries and employs more than 97,000 people worldwide. In financial year 2019/20, METRO generated sales of €25.6 billion.

METRO Cash & Carry entered the Indian market in 2003. The company currently operates twenty-eight wholesale distribution centres under the brand METRO Wholesale including six in Bangalore, four in Hyderabad, two each in Mumbai and Delhi, and one each in Kolkata, Jaipur, Jalandhar, Zirakpur, Amritsar, Vijayawada, Ahmedabad, Surat, Indore, Lucknow, Meerut, Nasik, Ghaziabad and Tumakuru.  For further information, log on to www.METRO.co.in  

The Circular Economy Can Help Reduce Vehicle Lifetime Emissions By Upto 75% by 2030: Accenture and the World Economic Forum


* The automotive industry must take swift action now to decarbonize and prepare for increased mobility demands

The adoption of circular economy practices combined with accelerated electrification in the automotive industry has the potential to reduce carbon emissions by up to 75% and non-circular resource consumption by up to 80% per mile by 2030, according to a report from Accenture (NYSE: ACN), the World Economic Forum, and the World Business Council for Sustainable Development.

The report, “Raising Ambitions: A new roadmap for the automotive circular economy,” is based on an Accenture analysis that finds mobility demand — in terms of both passenger miles and predicted vehicle stock — is expected to increase 70% globally by 2030. The automotive industry can prepare for this demand, while also decarbonizing to contribute to limiting global warming to less than 1.5°C, by achieving circularity through the lens of energy, water, waste, materials, vehicle lifetime and use.

“Circular economy can not only help to serve the growing mobility demands of our country but also help in reducing resource consumption to a level that is truly sustainable. As the fourth largest automotive market in the world, the recent sustainable guidelines announced by the Government of India such as voluntary vehicle scrapping policy for subsidizing scrappage of old vehicles, implementation of BS-VI emission norms and FAME II policy to incentivize and fund EV manufacturing, ushers in the next era of circular cars. To achieve circularity, automotive companies need to embrace a consistent and holistic approach leveraging best-in-class technology tools that requires collaboration with the broader ecosystem over the coming years,” said Raghu Gullapalli, Managing Director and Lead APAC and Middle East for Industrial & Mobility, Accenture.

“Circular cars will be a key building block to serve the growing mobility demand, while at the same time reducing resource consumption and carbon emissions to a level that is truly sustainable,” said Axel Schmidt, a senior managing director at Accenture who leads its Automotive industry group globally. “While many vehicle manufacturers have already set net-zero goals toward carbon neutrality, the roadmap for automotive circularity must be a core element of this transformation and ambition.”

According to the report, circularity in the automotive ecosystem can be accomplished through four key transformation pathways:

Achieve net-zero carbon emissions across the whole vehicle lifecycle (e.g., low-carbon materials and assembly, integration with energy grid.).

Enable resource recovery and close material loops (e.g., end-of-life disassembly and reverse logistics, electric vehicle battery recycling).

Increase the lifetime of the vehicle and its components (e.g., subscription-based ownership, re-use and remanufacturing at scale).

Ensure efficient vehicle use over time and occupancy (e.g., vehicle/mobility on demand).

“The circular car is now on its way to becoming a core component of the automotive future,” said Christoph Wolff, global head of mobility and member of the executive committee at the World Economic Forum. “Companies across the industry must consider how technology and business levers can maximize the resource value of the car, minimize life-cycle emissions and unlock new opportunities along the value chain.”

The primary barriers to circularity in the automotive industry are related to customers and use patterns, business models, production methods and technology, and regulatory hurdles. The report outlines key recommendations to overcome challenges along the automotive value chain:

Agree on a common framework for guiding and measuring progress.

Realign the profit motive for the automotive ecosystem away from selling products toward selling mobility and other services.

Create data standards, reporting frameworks and transparency measures that foster circularity in vehicle design development, life-cycle management and end-of-life processing.

Start piloting radical solutions now and target to leapfrog existing product development cycles.

Secure policy support for systemic transformation.

The report is the result of Accenture’s work with the World Economic Forum Circular Cars Initiative (CCI), which consists of 40-plus member companies and organizations from the automotive value chain, jointly laying out a systemic approach to automotive sustainability and circularity. The goal of the initiative is to foster collaboration and kick-start a system transformation toward a circular economy.

“The automotive industry along with the mobility sector will have to profoundly change if it is to provide for the forecasted 2.5x fold increase in road transport demand by 2050 at net-zero carbon emissions”, said Thomas Deloison, director of mobility, World Business Council for Sustainable Development. “We believe that the Circular Cars Initiative will help to find the collaborative pathways to accelerate this transformation.”

About the Research

The World Economic Forum and the World Business Council for Sustainable Development formed the Circular Cars Initiative (CCI), which takes a systemic approach to accelerate the transformation to automotive sustainability. It looks at how technology and business levers can maximize the resource value of the car, minimize life-cycle emissions and unlock new opportunities. Within the CCI, 40 companies from the automotive value chain, several research institutes, international organizations, governmental bodies and think tanks are charting the course toward a zero-emission future through new technology, materials innovation, efficient vehicle usage and full life-cycle management. The CCI represents the first organized industry effort to systematically address the opportunities and challenges of circularity, with an eye toward fundamentally remaking automotive value chains and business models.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 514,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. About the World Economic Forum

The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.

Paytm Payment Gateway Witnessed 61.54% Annual Merchant Growth In Karnataka, Aims To Double Growth In 2021


* Digital adoption growth backed by Paytm Payment Gateway for merchants in Karnataka is the key towards helping them build their brand online. 

* Merchants belonging to parking tolls, event services, and BFSI categories have grown significantly over the last one  

* Paytm aims to penetrate further into the payment gateway market in the state and surpass the current growth numbers.  

Rising from the continued impact of COVID-19 pandemic, local businesses in Karnataka have started witnessing the silver lining while undergoing digital shifts in their business models. Paytm All-in-One Payment Gateway, which has been the key payment enabler for merchants, has seen 61.54% growth in the total number of merchants in the state in the last twelve months. This clearly indicates the willingness of local merchants trying to take their businesses back to the pre-pandemic mode or even better by syncing them to the new normal. While they have been cautious during these troubled times, Paytm has helped them significantly with its All-In-One Payment Gateway to evolve their unviable business models.  

The digital evolution story of the country’s IT capital is not limited to its regional contribution. Bengaluru continues to record a significantly high number of digital transactions in the state, in which peer-to-merchant digital payments now play a major role. It is because of the high level of general awareness about digital payment services among the businesses. The merchants think of Paytm as a reliable payment partner, which made them use its payment gateway for adoption of digital payments. Another reason that made more merchants ‘go digital’ with Paytm payment technology is the rising trend of peer-to-merchant transactions. Most businesses feel that customers look forward to making purchases from the local brands online. They also report that a higher number of customers now ask for digital payment sources. Consequently, more merchants have built their websites and applied for Paytm Payment Gateway integration.  

Moreover, they are quite familiar with using Paytm mobile wallet, which has helped them tune into accepting payments online from their customers. This clearly indicates the need amongst businesses for selling products/services online and accepting payments seamlessly. The adoption of Paytm’s All-In-One Payment Gateway is also supported with the lowest transaction charges, which is 0% for startups and individuals in the first year.   

Within the total merchant growth in the last one year in Karnataka, several business categories have stood the test of time and shown unprecedented growth. Parking and tolls, event services, and BFSI have taken the top three spots on the growth list, with 207.14%, 138.89%, and 125.93% growth respectively. These numbers signify the upward trajectory of digital growth amongst businesses as they plan to bring all their offerings onto an online platform.   

Looking at the surge of businesses willing to partner with the largest payment service provider, a Paytm spokesperson said: “We are uniquely poised to cater to the needs of diverse businesses, big and small, with our payment solutions. The results that came up for our efforts dedicated to the state of Karnataka in terms of merchant growth shows that we are heading on the right path. Secondly, there is still enough headroom to scale up the efforts further like no other competitor. This is one reason that we are aiming to double the merchant growth in the next one year.” 

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