Wednesday, April 14, 2021

Amazon Prime Music Launches Podcasts For Customers In India


* Podcasts Are Now Available For All Amazon Prime Music Customers At No Additional Cost

* Millions of episodes across top categories are now available, including locally popular shows from creators including Jay Shetty, Cyrus Broacha, Anupam Gupta, Neil Bhatt and global Amazon Originals from DJ Khaled, Rolling Stone and more

Amazon Prime Music announced the launch of podcasts in India, which will be available to all Prime members at no additional cost. Customers will now have access to locally popular shows by creators including Jay Shetty, Cyrus Broacha, Neil Bhatt, Robin Sharma, Sadhguru, Anupam Gupta amongst others as well as international Amazon Originals produced exclusively for Amazon Prime Music customers in multiple languages across motivation, business, technology, comedy, music, fitness and more. Starting today, podcasts will be available on the Amazon Prime Music app on Android and iOS, Web player and Amazon Echo devices. Learn more here http://www.amazon.in/music/lp/podcasts

Sahas Malhotra, Director, Amazon Prime Music, India commented on the launch saying, “We are thrilled to launch Podcasts with a myriad of locally and globally popular podcasts on Amazon Prime Music. Starting today, our service will evolve from a place to listen to 70 million songs, ad-free into an immersive destination of music, content, culture, and community. We will continue to invest in enhancing the audio streaming experience for our customers, and today’s launch signals a further investment in entertainment, and a continued evolution of our service as a premiere destination for music and culture.”

Amazon Prime Music has added a versatile mix of shows that cater to varying consumer needs from inspiration, wellness and music to business, education, technology and comedy and for the first time, Amazon Prime Music will also bring exclusive internationally acclaimed content to Indian customers. Customers will have access to unlimited offline downloads, and hands-free Alexa listening experience with podcasts on the Amazon Prime Music app.

Twitter: @AmazonMusicIN

Facebook: @amazonprimemusicin

Instagram: @amazonprimemusicin

#PodcastsOnAmazonMusic

With Amazon Prime Music’s visual apps on mobile and web, customers will be able to discover new favourites through curated recommendations across top categories, popular podcasts charts, and access to trailers on show pages. Whether listening on mobile, web, or on Echo devices with Alexa, Amazon Prime Music makes it easy for customers to find, start, and continue listening to their favourite podcasts throughout the day. Only with Amazon Prime Music can customers ask for the latest episode of their favourite show on during their morning wellness routine, resume playback on their phone while working out, and seamlessly move to their Echo device - just by asking Alexa, with no additional sign in or device linking needed. Customers can also follow their favorite shows and enjoy unlimited offline downloads on the app.

Podcasts are now available to stream on Android, iOS, desktop web player and Echo devices for all Prime customers at no additional cost. To learn more, or to add your own podcast to Amazon Prime Music, visit amazon.in/podcasts.

About Amazon Prime Music

Amazon Prime Music reimagines audio listening by enabling all Prime customers to unlock ad-free music and millions of podcast episodes at no additional cost. Amazon Prime Music provides unlimited, ad-free access to new and popular music across Android and iOS mobile devices, Desktop, Fire TV Stick, Echo, and more. It also provides free access to podcasts across genres and languages on mobile, webplayer and Echo devices. With Amazon Prime Music, Prime members have access to 70 million songs, ad-free and over 9 million podcast episodes as a Prime benefit at no additional cost to the annual membership of INR 999/- and monthly membership of INR 129/-. Amazon Prime Music includes songs across major International and Indian music labels in over 20 languages including Hindi, English, Tamil, Telugu, Punjabi and multiple other Indian languages. Engaging with music and podcasts has never been more natural, simple, and fun. 

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon.

9 In 10 Companies In India Are Looking To Fill Open Roles Internally: LinkedIn Future Of Talent Report 2021


* Skilling becomes key HR priority as more companies merge roles, use data, and review internal talent, to hire more effectively

LinkedIn, the world’s largest professional network, today launched the first edition of the ‘Future of Talent’ report that looked at the evolving role of HR in India, and how talent is hired, engaged with, and developed in the new business environment. According to the report, upskilling will be core to the talent strategy, and trends such as internal mobility, data-led hiring decisions, and improving employee experience will be in focus for employers in 2021.

In 2020, the rate of attrition increased 1.5 times in India as employees battled long shifts while working remotely. As signals of a second wave accentuate India’s remote working needs, the report shows that HR will play an even bigger role in determining the future of talent as 9 in 10 companies agree that HR will now play a key role in helping organizations streamline their business, shape their strategy, and hire more efficiently, even beyond COVID-19.

Internal mobility, upskilling, and data-led hiring become workforce priorities in India for 2021

The pandemic has introduced significant internal shifts within companies. This, coupled with India’s historically competitive talent market, is fuelling the rise of internal mobility across companies today. According to LinkedIn’s Future of Talent report, more than 9 in 10 (93%) companies in India are looking to fill open roles internally in the post-covid era.

Diving deeper into the reasons for this surge in internal hiring, the report shows that 7 in 10 companies in India hire internally to gain an insider’s perspective or a sense of progress. The report also states that when hiring internally, the top 3 skills that companies in India look for are good communication, problem solving skills, and time management.

To keep pace with today’s rapidly digitising business needs, companies are also keen to upgrade the capabilities of their workforce. Taking cue, 95% of companies in India have dedicated L&D programs to help employees learn new skills and prepare for the future, according to the Future of Talent 2021 report.

While skills take the centrestage, many companies in India are also leaning on data analytics to tap into relevant talent pools when hiring today. LinkedIn’s research shows that 91% companies in India use data to make informed talent-hiring decisions while 53% frequently use data to map skills with open position requirements. To make remote hiring even more efficient, 9 in 10 companies are also merging roles to reduce talent acquisition costs today.

“As remote work continues to disrupt the way we work, HR will play a greater role in helping companies absorb new hiring trends to build the future of talent. In 2021, India will see more companies merge roles, upskill their employees, and hire internally to maximize business growth without expanding operational costs. Data-led hiring practices will also play a critical role in helping companies engage with their employees, attract the right talent, and hire more effectively in 2021. It’s evident that companies today are realizing that businesses succeed when their people succeed,” says Ruchee Anand, Director - Talent and Learning Solutions, India at Linkedin. 

HR professionals will help companies put the ‘employee first’ in 2021

As remote work becomes a continuing workforce trend, HR professionals are encouraging companies to prioritize employee experience and keep their remote staff engaged today. In fact, more than 8 in 10 (85%) companies in India are already holding more engagement activities to keep employees inspired and connected with their teams despite working in isolation.

The report also shows that companies in India are significantly more open to hiring remote staff when compared to other APAC countries. Given India’s greater preference for remote staff, more than 9 in 10 (94%) companies are building a good employer brand by having an active social media presence, and sharing more about their vision and focus on innovation. In fact, 4 in 5 (80%) companies have already experienced an increased pool of qualified candidates because of their efforts in employer branding.

Atal Innovation Mission Collaborates With Bayer To Work Towards Healthcare And Agriculture Innovations


Atal Innovation Mission (AIM), the Government of India’s flagship initiative and Bayer, a global life science company with more than 125 years presence in India, have come together to work towards the mission of fostering innovation and entrepreneurship initiatives across the country.  

A Statement of Intent (SOI) of a strategic partnership between AIM and Bayer was signed and exchanged to formalize the collaboration. The SoI will span the promotion of science education, advancing digital solutions and agri-tech to strengthen supply chains as well as healthcare projects. Additionally, Bayer will collaborate with AIM to support their current and future programs and foster innovation & entrepreneurship across the agriculture and healthcare sectors.

A flagship program of AIM, ‘Atal Tinkering Labs’ (ATL) has played a pivotal role in fostering creativity and imagination amongst school children. Bayer will explore opportunities to mentor school children, inculcate design thinking, problem solving and adaptive learning skills amongst them and support & adopt mutually agreed schools. Additionally, as a part of the ‘Atal Incubation Centres’ (AIC) and ‘Atal Community Innovation Centres’ (ACIC), Bayer shall mentor young innovators and start-ups and collaborate with them to further the cause of innovation. In future, Bayer would also explore association with the techno-preneurs from the ANIC and ARISE programs in the area of digital solutions in the agriculture and healthcare sectors. 

Mission Director AIM, NITI Aayog, R. Ramanan while exchanging the virtual SoI with Bayer said, “The collaboration with Bayer is a natural fit for Atal Innovation Mission as both their areas of specialization, agriculture and healthcare are areas of national priorities, especially more so in the times of the pandemic. We have a special focus on these areas, and I am confident that this shall be a very fruitful relationship in the times to come.”

Senior Bayer Representative South Asia and Chief Executive Officer – Bayer CropScience Limited, D. Narain said, “Bayer is pleased to partner with the Atal Innovation Mission, Niti Aayog. Through this collaboration, we endeavour to foster innovation and entrepreneurship in India across the sectors of agriculture and healthcare. It will enable us provide multiple opportunities to mentor school children and inculcate scientific curiosity as a part of the ‘Atal Tinkering Labs’ initiative, enable digital solutions across value chains and partner with inventive start-ups. At this critical time, entrepreneurship and science-led innovation can play an important role in accelerating our progress towards doubling farmer incomes and expanding access to health solutions across India.”

Through its focus on digitization, Bayer aims to drive scalable, creative technology solutions for healthcare and agriculture that enable last mile reach. Such technology innovations in healthcare and agriculture can benefit people living in remote and rural areas, driving development and supporting livelihoods.

About AIM

Atal Innovation Mission (AIM) is Government of India’s flagship initiative to create and promote a culture of innovation and entrepreneurship across the length and breadth of our country. AIM’s objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, provide platforms and collaboration opportunities for different stakeholders, and create an umbrella structure to oversee the innovation & entrepreneurship ecosystem of the country. AIM’s initiatives have played an important contributory role in the advancement of India from a position of 81 in the Global Innovation Index in 2015 to a position of 48 in 2020.

AIM has adopted a holistic approach encompassing schools, universities, research institutions, industry, MSME, NGOs, Ministries, at district, state and national levels.

About Bayer

Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to drive sustainable development and generate a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2020, the Group employed around 100,000 people and had sales of 41.4 billion euros. R&D expenses before special items amounted to 4.9 billion euros. 

Forward-Looking Statements

This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

SME Cashflow Mgt Platform Credflow Raises $2.1 M In Seed Funding Led By Stellaris Partners, Omidyar Network And Flourish Ventures


* Funds to help expand the user base, launch new products and strengthen tech capabilities

Credflow, a FinTech startup offering cash flow management solutions for Indian SMEs has raised $2.1 Million (Rs 15.2 crore) in seed funding led by Stellaris Venture Partners, Omidyar Network India and Flourish Ventures. CredFlow will be investing in platform development, strengthening tech capabilities and building new products as it focuses on expanding its customer base. The SME cash flow management startup is also looking to expand its team across tech, product and marketing.

Credflow is a cashflow management SaaS platform that helps SMEs manage their finances by providing a dashboard of pending amounts by customer, sending timely payment reminders, validating invoices and negotiating discounts for early payment, thus enabling these businesses to reduce their working capital cycles by 25-30%. Since its launch in May 2020, over 5000 businesses have used Credflow to process and sync invoices worth more than Rs. 70,000 crore (~$10billion). CredFlow’s vision is to build a full stack solution including cashflow based financing, treasury management and payments management to help SMEs optimise their cashflows and accelerate their growth.

“Delayed collections is a major challenge that Indian SMEs face and capital stuck in receivables is a leading cause for financial stress. Indian SMEs, particularly traditional manufacturing and distribution businesses in the B2B supply chain are still using archaic, offline processes to manage their receivables and payables. Much of fintech innovation in the past decade has been focused either on large enterprises or retailers and micro-enterprises, while the mid-market B2B segment remains largely unaddressed. We’re excited to partner with Omidyar Network India, Stellaris Venture Partners and Flourish Ventures in helping us leverage technology to realise this mission of making Indian SMEs truly Aatmanirbhar” Kunal Aggarwal - Founder, Credflow.

"For the past two decades, average debtor days for Indian SMEs has consistently exceeded 90 days. While the sector has begun digitising and formalising rapidly, cashflow management remains a chronic pain point. We believe that CredFlow’s focused solutions will significantly improve the financial health of SMEs and accelerate their growth by empowering SME business owners with cutting-edge digital tools and analytics to manage cashflows efficiently. Kunal and his team are passionate about solving for the critical needs of SME business owners, who are the largest employers of the Next Half Billion. We are delighted to partner them in this journey.” Treasa Mathew, Director, Omidyar Network India.

“As a part of a small business family himself, Kunal has a simple mission in life: help small businesses get paid fast. This clarity of thought resonated well with our own investment thesis at Stellaris, which focuses on solving highly monetizable business problems for SMBs.

Credflow’s payment dashboard commands the attention of the business owner and becomes the primary daily MIS for the business. In the long run, this will help Credflow become the financial operating system for SMBs, providing a view on their overall financial health and helping them access a diverse set of own and third party financial products.” Ritesh Banglani, Partner, Stellaris Venture Partners

“Credflow is a compelling story because it solves a real financial problem for a large and underserved segment with a simple and affordable tool. With its focus on MSMEs and its convenient mobile tool, the company that Kunal and his team have built already stands out from its competitors. In the future, the platform has the potential to embed a range of relevant financial services – including cashflow financing – in a convenient and affordable way so as to benefit its customers’ lives. We’re excited to be involved with CredFlow and to be backing another Indian entrepreneur whose innovation is helping to advance financial health and prosperity for individuals and small businesses.” Anuradha Ramachandran, Investments Director, Flourish Ventures

Marquee angel investors like Nitin Gupta (Founder of Uni.money) also participated in the round.

About CredFlow:

Credflow is an intelligent comprehensive solution that leverages technology to automate cashflow management for SMEs.

The platform helps B2B SMEs manage their finances by providing timely insights through a dashboard of pending amounts by customers, sending  regular payment reminders, validating invoices and negotiating discounts for early payment thus enabling businesses to reduce their working capital cycles, foresee future cashflows and drive smarter business decisions.

With an aim to help businesses grow exponentially, Credflow helps business owners manage their banking, payments, treasury and get access to cashflow based financing on one comprehensive platform.

About Omidyar Network India:

Omidyar Network India invests in bold entrepreneurs who help create a meaningful life for every Indian, especially the hundreds of millions of Indians in low-income and lower-middle-income populations, ranging from the poorest among us to the existing middle class. To drive empowerment and social impact at scale, we work with entrepreneurs in the private, nonprofit and public sectors, who are tackling India’s hardest and most chronic problems. We make equity investments in early-stage enterprises and provide grants to nonprofits in the areas of Digital Society, Education, Emerging Tech, Financial Inclusion, Governance & Citizen Engagement, and Property Rights. Omidyar Network India is part of The Omidyar Group, a diverse collection of companies, organizations and initiatives, supported by philanthropists Pam and Pierre Omidyar, founder of eBay.

About Stellaris Venture Partners:

Stellaris is an early stage venture capital firm that invests in the seed and series A rounds of Indian technology companies. The firm backs bold entrepreneurs that solve large India-specific problems for consumers and SMBs, or build global software products from India. Key investment areas include online services, healthcare, education, retail, logistics, SaaS and tech-enabled financial services. Since its inception in 2017, Stellaris has backed several market leaders such as Mamaearth, Whatfix, Vogo, mFine and Signzy.

About Flourish Ventures:

Flourish backs passionate entrepreneurs whose innovations advance financial health for individuals and small businesses around the world. With $500M under management, Flourish is an early-stage, global fintech venture firm that deploys patient capital with a long-term perspective. The firm partners with industry thought leaders in research and policy to help foster a fair, more inclusive economy. Key investment themes include embedded finance platforms and plugins, fintech infrastructure, consumer and small business credit and lending, insurtech, and digitizing money. In India, Flourish is honored to work with close to a dozen fintech companies including Indifi, Gramcover, Kalediofin, MyShubLife, Toffee, Yap and Zest. 

Decimal Technologies Disbursed Loans Worth $200 Million On Its No-Code Platform In FY21


* Activated 1.5mn accounts during the global pandemic   

* Managed 4 million leads for banking services on its AI-enabled No Code platform

Decimal Technologies, one of India’s leading FinTech firms, disbursed loans worth $200 million during the fiscal year 2020-21, through its digital lending platform. In the unprecedented times last year, the company also aided the activation of 1.5 million end customer across the country, working with banks, NBFCs and Direct Selling Agents (DSAs).  MSMEs, Loan Against Property and Home Loans form the majority of loans disbursed via the company’s AI-enabled No-Code platform.

With DSAs accounting for 65-75% of the total sourcing of loans on the platform last year, the company reported a 40% year-on-year growth in revenue in FY21. This robust growth can be attributed to an increased demand for digital solutions in the customer acquisition and lending ecosystem due to the national lockdown. It witnessed maximum traction for VahanaHub (API Aggregation platform), Payout & Incentive Management and Digital Lending solutions. In FY21, 4 million leads for account opening (Saving & Current), deposits, loans (M/SME, Retail) and credit cards were managed by the company on its AI-enabled ‘No Code’ platform, an increase of 35% from FY20.

“The pandemic resulted in newer types of credit demands coming in from different customer segments. We saw unprecedented demands for our digital offerings not only from urban cities but even customers in smaller towns were looking for a safe and agile credit disbursal process. We launched two new products to facilitate the changing customer demands. In the next fiscal year, we aim to further double down our product portfolio and branch out to underserved towns and cities to ensure access to formal credit via our partner banks and DSAs”, said Lalit Mehta, Co-founder and CEO, Decimal Technologies.

Last year, the launched two large products - Saarathi (AI-enabled digital lending marketplace for DSAs and Lenders) and VahanaHub (API Aggregation platform for all KYC, financial data, geolocation, biometric etc. APIs across various providers) – amidst the national lockdown and added 20, 000 new users comprising direct selling teams of Banks & NBFCs and third party channels (DSAs, Dealers, Connectors) on its mobile app. 

About Decimal Technologies

Established in 2009, Decimal Technologies, is a leading FinTech. Our Mantra is #DigitisingBFSI. We conceptualize, design, develop Financial Products Distribution Platform that help Banks & NBFCs reduce customer acquisition costs by moving the digital touch point closer to the customer, making life easier and convenient for the customer and workforce. Decimal engages closely with a diverse array of enterprises globally to understand the business and offer solutions that not only alleviate the pain points of the business but also make life as simple and seamless for all stakeholders. Our solutions are at the heart of award-winning digital products such as Kotak 811, AU Abhi, Bandhan neo+ and UGRO Sanjeevani. 

o9 Solutions Reports Record Annual Revenue Bookings In Q1’21


o9 Solutions Inc., a premier AI-driven integrated planning and operations solution provider for the enterprise, reported record annual recurring revenue bookings in Q1 2021, continuing the strong momentum from 2020. Software bookings grew 121% year-over-year as demand for o9’s integrated business planning platform continued to grow. The bookings growth in Q1’21 was driven almost entirely by new logo additions which included clients across industrial manufacturing, retail, apparel, and food and beverage industries.

The company also delivered a record number of global deployments to its clients during the quarter by leveraging its industry-specific reference models and realizing rapid time-to-value across complex planning workflows including demand, supply, inventory optimization, S&OP planning, and control tower.

“o9’s ‘Digital Brain’ capability is rapidly becoming a must-have for companies looking to accelerate their transition to a digital operating model,“ said Chakri Gottemukkala, CEO of o9. “On a daily basis, the complexity and volatility of demand and supply is exposing the problems with the silos in traditional operating models - leading to massive value leakage. Last quarter was no exception: The worldwide chip shortages and the Suez Canal blockage proved again that even small disruptions can have large impacts. Becoming a digital, data-driven business is an imperative for all traditional businesses in this environment and o9’s platform enables exactly that.”

“Our business fired on all cylinders during Q1 as our investments in growth and scale continue to play out. We had record SaaS booking growth in all geographies and delivered record time-to-value to our customers by leveraging innovative methodologies and delivery tools put in place over the last 12 months during the pandemic. Our partner ecosystem also continues to grow rapidly, with certified o9 platform implementers helping scale our customer deployments. We continued to invest in the massive opportunity ahead of us by welcoming 146 new o9ers last quarter, bringing our total global headcount above 1,000 strong,” said Igor Rikalo, o9’s President & COO.

o9 also announced its flagship AIM10x Global 2021, the biggest digital transformation event to date, to be held virtually April 19-21, 2021. The event will feature over 55 speakers—industry leaders and experts in planning, analytics, and digital transformation, along with 3000+ attendees worldwide. Please register here.

o9 has achieved several significant milestones year-to-date, including:

Announced new SaaS engagements with Beluga and Samsung Bioepis

Announced global deployment of the o9 platform at Estée Lauder for Demand and Supply Planning

Highlighted by Pirelli in their 5-year industrial plan as a key digitalization platform for analytics and modeling

Rated highest across all vendors for ‘Completeness of Vision’ in o9’s first ever inclusion in Gartner’s Magic Quadrant for Supply Chain Planning

Announced the expanded partnership with PwC Korea and a brand new partnership with Chainalytics

The AIM10x Executive Council added the following advisors: Vikram Agarwal, Steve Cakebread, Filippo Catalano, Rupert Deger, Chris Gaffney, Jochen Grosspietsch, Dirk Lembregts, and Hiroshi Nishikawa

o9 Solutions was ranked No. 54 on Inc. Magazine’s List of the Fastest-Growing Private Companies in Texas

o9 Employees worldwide collectively walked over 50,000,000 steps in 30 days, enough to circle the globe, as part of the ‘o9 Walks’ and contributed $20,000 to Tree-Nation

About o9 Solutions, Inc.

o9 Solutions is a premier AI-driven integrated planning and operations solution provider for the enterprise. Whether it is driving demand, aligning demand and supply, or optimizing commercial initiatives, any planning process can be made faster and smarter with o9’s AI-powered digital solutions. Bringing together technology innovations—such as graph-based enterprise modelling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces and cloud-based delivery—into one platform. 

Tuesday, April 13, 2021

Renault Sets New Benchmark In Rural Outreach Across India


* Becomes the first four-wheeler automotive brand to partner with CSC Grameen eStore 

* Customers in rural areas to get easy access to Renault’s products and services 

In order to strengthen its rural presence and move closer to the customers in the remote areas, Renault India today announced its partnership with CSC Grameen eStore, a subsidiary of CSC eGovernance Services India Limited (CSC-SPV). As a part of the partnership, Renault India’s leading product range will be listed on the CSC Grameen eStore and made available to the potential customers in hinterlands through aspirational Village Level Entrepreneurs (VLEs). 

CSC Grameen eStore is an eCommerce initiative by CSC (under the Ministry of Electronics and Information Technology) to promote digital ordering and delivery in rural areas, making digital inclusion of rural India a reality. To facilitate smooth rural e-commerce, Renault will build a mechanism that would facilitate the supply of its products to Village Level Entrepreneurs (VLEs) who will help list the products on select CSC Grameen eStores. The VLEs will further promote, generate enquiries, and facilitate sale to end customers in rural areas through the support of respective Renault Authorised dealerships. 

Venkatram Mamillapalle, Country CEO & Managing Director, Renault India Operations said, “We see tremendous potential in the rural markets, and are aggressively pursuing with an innovative and comprehensive strategy to amplify and grow our presence in Rural India. The digital transformation has brought about a revolutionary change in dissipating physical boundaries and hinderances, helping bring different rural and semi-urban markets onto a common platform. We curated ‘sons of the soil’ strategy, wherein we recruited 500 educated youngsters from rural and small towns, trained them and put them as rural sales engineers to market Renault cars. This is yet another initiative to enhance our reach within the country and create a strong network in the rural market. 

“We are extremely confident that this partnership will pave the way for digital and economic empowerment and will further boost our efforts to deliver consumers’ favourite Renault car at their doorstep,” he added. 

Dr. Dinesh Tyagi – CEO, CSC SPV said, “The idea for Grameen e-Store exemplifies Prime Minister’s call for Atmanirbhar Bharat by creating opportunities for rural youth and being vocal for local. Through this initiative, VLEs are playing a critical role in connecting producers and companies with the rural consumers right at their doorsteps. Partnering with Renault will allow the Grameen eStore to have first four wheeler brand, while providing customers in rural areas easy access to its great products and services.” 

“The tie-up with Renault will certainly prove a milestone for CSC in facilitating world class product and services in the rural India. Our VLEs will avail themselves of this two-way opportunity first, in learning the basics of Renault cars and then in enhancing their means and resources,” he added. 

As a part of its Rural Amplification Strategy, Renault initiated a special project last year - VISTAAR - to amplify and grow presence in rural India. In order to move closer to the customers in the remote areas and showcase its new compact sub four meter SUV KIGER, Renault India recently launched a new initiative ‘Rural Float’, a fully functional mobile showroom, that aims to provide complete Renault experience to the existing and potential customers in more than 360 towns across the country, especially in the rural markets across India.  

ABOUT RENAULT  

Renault India Pvt. Ltd. is a fully owned subsidiary of Renault S.A.S. France. Renault India cars are manufactured in the manufacturing facility located in Oragadam, Chennai, with a capacity of 480,000 units per annum. Renault India also has a widespread presence of more than 500 sales and 475+ service touchpoints, which include 200+ Workshop On Wheels locations across the country, with benchmark sales and service quality. 

Renault India’s product line up and services have seen strong recognition among customers and industry experts alike, winning more than 60 titles, making Renault India one of the most awarded automotive brands in a single year in India.  

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