Bentley Acceleration Initiatives Acquires Indian Project Controls Specialist Nadhi Information Technologies

* To Help Infrastructure Projects in Asia Manage Risks and Avoid Delays, Meet Demand for New Construction

Bentley Acceleration Initiatives today announced the acquisition of Chennai, India-based Nadhi Information Technologies Pvt. Ltd., a specialist in project controls, analytics, and decision support for construction supply chains. Nadhi serves some of India’s leading construction sector participants, including contractors Larsen & Toubro and Kalpataru Power Transmission Ltd., real estate developers Mahindra Lifespaces and RMZ, and owner-operators DMRC (Delhi Metro) and Welspun Enterprises. Founded in 2008, Nadhi was incubated in the IIT Madras Research Park with advisors from the IIT Madras Building Technology and Construction Management faculty and the Lean Construction Institute.

Bentley Acceleration Initiatives is the internal incubator for strategic investments of Bentley Systems (Nasdaq: BSY), the infrastructure engineering software company. Its objective is to bring together ecosystem partners in digital co-ventures. Nadhi brings to Bentley a critical mass of field-experienced professionals in construction automation, attuned to their region’s specific challenges and project dynamics. The acquisition strengthens Bentley’s focus on Asia, which is experiencing huge demand for new construction of infrastructure and has a keen appetite for digital workflows to help address this need. According to Fitch Solutions Country Risk and Industry Research, while China and the U.S. will remain the two highest-value construction markets globally, India and Indonesia will rise to the third and fourth highest-value markets by 2029.

Currently, project teams in Asia are often held back by conventional construction methodologies and obstacles to public cloud deployments, experiencing delays and cost overruns because of poorly coordinated schedules and the lack of visibility into project status. Project managers are looking for a solution that helps them interconnect their data silos—spanning documents, schedules, budgets, issues and risks, resources, and materials—all in one environment.

Some of the best-managed construction projects are now using Nadhi’s services to solve these challenges and improve their project delivery using digital workflows. Since offering lean construction consulting services in 2008, Nadhi has pioneered mobile-enabled project controls. In an offering explicitly configured for the needs of project teams in Asia, the integrated project controls in Nadhi’s nPulse software combines data-driven decision support and predictive analytics to give engineering and construction projects early warning of schedule risks and potential delays in milestone completion, advancing project planning and execution from reactive to proactive.

Dr. Ashit Gandhi, senior director, accelerated business development, Bentley Systems, said, “We are very pleased to welcome Nadhi’s construction automation experts as Bentley colleagues. Together, we see a significant new opportunity to help construction projects throughout Asia, especially for road and rail linear infrastructure, in ‘going digital’. Combining Nadhi’s proven project controls and analytics capabilities with Bentley’s SYNCHRO 4D construction modeling and field-based construction delivery will enable more integrated and efficient digital workflows, tailored specifically to Asian needs.”

Kalyan Vaidyanathan, CEO, Nadhi Information Technologies, said, “The whole team at Nadhi is excited to be joining Bentley Systems at this pivotal moment for India’s construction community. We look forward to deepening our capabilities in core areas of project controls and expanding our reach both in and beyond India for new opportunities. We believe, as part of Bentley, we will be even more strongly positioned to help our users to stay in control of their projects and to generate insights through analytics to avoid delays and improve confidence through visibility.”

Nadhi will add approximately 30 colleagues; its annualized revenues and profitability are not material to, and are not expected to meaningfully impact, the BSY financial outlook for 2021.

About Bentley Systems

Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries.

InMobi Launches In-Game Advertising For Global Brands And Agencies

* InMobi’s In-App Exchange First to Offer Access to High-Performing Traffic from World’s Leading In-Game Advertising Platforms

InMobi, the world's leading independent marketing cloud, today announced the launch of in-game advertising on InMobi Exchange. The launch of this unique in-game inventory on InMobi Exchange will now enable brands to reach premium mobile users, with ads that blend into the game environment, like electronic advertising boards in an in-game sports stadium, an esports arena or the extremely popular casual and hyper-casual gaming space.

During the past more than one-year, digital consumption has seen a huge boost majorly accelerated by Covid-19 induced lockdowns. Especially, gaming has seen rapidly growing user penetration and engagement levels during this period. According to KPMG’s India Media and Entertainment Report 2020, online gaming was the fastest-growing segment in the Media & Entertainment sector, recording a 45% growth in revenue while the user-base surpassed 365 million in the fiscal ended March 2020. As the mobile gaming industry is expected to continue on the growth trajectory, InMobi’s in-game advertising solutions will enable brands to leverage this platform to reach out more effectively to their audience.

Meanwhile, InMobi Exchange has forged partnerships with several industry-leading platforms in the native in-game advertising space including AdInMo, Admix, Adverty, Anzu, Bidstack, Frameplay and Sayollo. The breadth of these partnerships means that advertisers can access this type of premium inventory across the globe at a scale and diversity unmatched by any other mobile supply-side platform today.

Speaking on the phenomenal growth of mobile gaming in India, Jayesh Ullattil, VP and GM for India at InMobi said: “India is the 5th largest mobile gaming market in the world. Based on our recent consumer study, we saw that the pandemic added 40% first-time gamers with 80% of all mobile gamers playing once or several times every day.” According to the recent 2021 Gaming Report by InMobi, 60% of the mobile gamers spend at least 10 minutes per session in an average, every day. “74% of all mobile gamers prefer to watch an ad over making in-app purchases and 60% recall the ad seen during play. This innovative partnership only enables advertisers to further maximize engagement with an already watchful and engaged audience,” added Jayesh.

“In-game advertising is uniquely effective because it allows advertisers to interact with their consumers in a highly intuitive way,” said Kunal Nagpal, SVP and GM, Publisher Platforms and Exchange at InMobi. “InMobi’s technology and unmatched mobile in-app expertise our global advertisers to access the highly engaged and diverse mobile gaming audience in a medium that is becoming increasingly relevant.”

“I’m excited to see that in-game advertising has been recognized as a solid media channel of its own, and the biggest players around the world have adopted a serious approach to in-game ads as a way to  effectively tap into the colossal and booming gaming market,” said Yaniv Rozencweig, Director of Business Operations at Anzu.io. “Through our global partnership, InMobi’s brand advertisers are able to access Anzu's exclusive inventory and reach premium gaming audiences across not only mobile, but also PC and console platforms. With Anzu offering in-game ad viewability and fraud detection audited by the industry leaders, advertisers gain even more confidence in the value of in-game advertising for their current and future campaigns.”

“We are thrilled to partner with InMobi as they make a push in the in-play space. To see one of the largest mobile in-app exchanges support this new way of advertising is a testament to the growing appetite from brands to enter gaming,” said Sam Huber, Founder of Admix. “Leveraging Admix's unique programmatic capabilities in-game, this partnership enables our game publishers to access InMobi's wide range of advertisers and deliver incremental revenue.”

“InMobi has made fantastic progress towards native in-game advertising becoming an integral part of a brand’s digital media mix,” said Kristan Rivers, CEO and co-founder of AdInMo. “InMobi’s mobile heritage and expertise is the perfect match for AdInMo’s dedicated global mobile games inventory. InMobi Exchange enables us to deliver InGamePlay brand awareness campaigns across diverse game genres so that brands can target the great diversity of mobile playing personas.”

“This news is further proof that the most exciting, largely untapped media frontier is very much open for business,” said Tobias Knutsson, CEO of Adverty. “What’s more, both branding and performance advertising options are available, meaning that advertisers can unlock previously unreachable audiences at scale and turbocharge their marketing efforts in ways never before thought possible. With this partnership, the door is wide open for further innovation," added Knutsson.

Said Jonathon Troughton CEO and Co-Founder of Frameplay: “We value our partnership with InMobi as they share our vision to deliver high-quality intrinsic in-game advertising without disrupting the game. We especially appreciate InMobi’s ability and willingness to support Frameplay’s proprietary programmatic intrinsic in-game ad-serving capability, which requires a unique approach to programmatic to get this right.”

According to Yonatan Attias, CEO of Sayollo, “With one-third of the world’s population playing mobile games for one whole day out of every workweek, the potential for in-game brand exposure is astronomical. As with the roadside billboards of yore prominently positioned in busy thoroughfares, today’s advertisers know that in order to maximize reach, brands need not only an online presence, but a prominent position in the mobile gaming world. We are totally stoked to partner with InMobi as pioneers in this futuristic technology and give our publishers more valuable ways to monetize their content.”

About InMobi

InMobi drives real connections between brands and consumers by leveraging its technology platforms and exclusive access to mobile intelligence. Its Marketing Cloud creates new paths for brands to understand, identify, engage and acquire connected consumers. As a leading technology company, InMobi has been recognized on both the 2018 and 2019 CNBC Disruptor 50 lists and as one of Fast Company’s 2018 World’s Most Innovative Companies. 

Paytm Aims At Raising Rs 10 Crores To Acquire 3,000 Oxygen Concentrators To Fight Shortage

 - Launches Oxygen For India initiative to help the country tide over the crisis 

- Over 1,000 Oxygen Concentrators worth Rs 4 crore has already been ordered with Paytm Foundation's emergency relief funds 

- Government hospitals, Covid care centres, private hospital, NGOs, Resident Welfare Associations across the country to be immediately given the imported Oxygen Concentrators 

- Pledges to match each contribution made rupee for rupee, raise over Rs 10 crore 

- Coordinating with other companies, NRIs to join the cause and aggregate overall demand for bulk buying 

- Working on tie-ups with sourcing partners to import over 30,000 oxygen concentrators to India in due course 

India's leading digital financial services platform Paytm today announced that Paytm Foundation that aims to support citizens in their hour of need will acquire & import over 3,000 Oxygen Concentrators (OCs) to fight Covid-19 and the ongoing oxygen shortage in the country. It has launched a nationwide 'Oxygen for India' initiative to create more awareness about the issue. While Paytm Foundation has already placed an order for importing 1,000 Oxygen Concentrators worth Rs 4 crore, it is aiming to further raise over Rs 10 crore. The company is encouraging citizens to join the cause by pledging to match every rupee contribution by users. It has raised over Rs 1.5 crore within hours of starting the campaign, and with Paytm's contribution of matching the amount, the total amount raised by Paytm Foundation has reached over 3 crores. 

The country is going through an unprecedented oxygen crisis and needs all kinds of oxygen support including large oxygen tankers, oxygen cylinders as well as Oxygen Concentrators that can produce oxygen locally. Realising that the country does not have an adequate supply of OCs, the foundation decided to swing into action and search globally for these devices. With aim of saving a maximum number of lives, the foundation is working on tie-ups with sourcing partners to import over 30,000 OCs to India in due course. 

Paytm has started this initiative and will bring in OCs from abroad at war footing. It is also reaching out to like-minded startups to join in the initiative and place orders for OCs along with the foundation to bulk up orders. The company hopes that people will contribute wholeheartedly, which it will match rupee for rupee & raise over Rs. 10 crore in a short period of time. 

The company will collect demand requests from hospitals for oxygen concentrators on the Paytm app itself. It will give first preference to government hospitals, then private, smaller clinics, and finally Resident Welfare Associations (RWAs). The list will be available to the public view to maintain maximum transparency and accountability. The service will be available on a first-come-first-serve basis or need-based in case of emergency. Hospitals will have to furnish details of requirements, address, as well as the name of the coordinator. 

Vijay Shekhar Sharma, Founder & CEO, Paytm said, "India is going through an unprecedented oxygen crisis right now and there are all kinds of oxygen support needed, large oxygen tankers, oxygen cylinders & then something that can produce oxygen locally which is oxygen concentrators. I also call upon other startups, businesses to join us and match rupee to rupee contribution to double the supply of oxygen concentrators. It will be a great support for India in the present oxygen crisis. I am sure by pooling in our resources we will be able to fight this crisis and come out stronger." 

Since the start of the pandemic, Paytm has taken several initiatives to support India's fight against the spread of COVID-19. Last year, it raised hundreds of crores for the PM-Care fund with support from citizens and also distributed over 10 million hygiene kits to frontline workers and Covid warriors. It fed over 20 million meals to migrant workers going back home to their loved ones. It also worked dedicatedly to revamp the Paytm app UI with a ‘Stay at home Essential payments’ section to include Mobile & DTH Recharge, electricity, water, gas, credit card & insurance premium payment among others. 

Garmin Launches ‘Approach S12’ For The Golfers In The Indian Market

* More than 42,000 preloaded course view maps of golf courses around the world

* Comes with a high-resolution screen for a readable display in sunlight

* Internal, rechargeable battery providing up to 30 hours in GPS mode

Delighting the golfing community, Garmin India, a unit of Garmin Ltd. (NASDAQ: GRMN) today launched the all new Approach S12, A GPS enabled smartwatch designed and manufactured to help golfers in improving their game and providing accurate data for each swing.

The Approach S12 comes preloaded with more than 42,000 golf courses around the world. With the new Big Numbers display mode, Approach S12 makes it easier to read yardage numbers during play. Golf enthusiasts can now golf with style and rely on smartwatch capabilities for performance stats.

Easy-to-use and practical for beginners and seasoned players, the Approach S12 includes interchangeable quick release bands and introduces a unique round watch design with a 1.3-inch sunlight-readable high-resolution display.

Launching the new smartwatch for Golf lovers in India, Mr. Ali Rizvi, Director of Garmin India said, “Golfing is a very niche sport and requires a great course and steady techniques to win each hole. As the Golf enthusiasts are increasing in India, the players need a perfect device which can enhance their performance and game with accurate data. The new Approach S12 is engineered with all the essential elements which is required by the players during their game. The smartwatch will equip the customers with precision and form with every swing and also add a touch of style to their personality.”

When paired with the Garmin Golf app1 on a compatible smartphone, the Approach S12 wirelessly updates a player’s most frequently played golf courses for up-to-date course information.   

Approach S12, comes with a host of features to benefit golfers of every skill level:

·         Link with the Garmin GolfÔ app to participate in weekly leaderboards, tournaments, review live scoring, strokes gained analysis, automatic scorecard uploads and much more.

·         Pair with the optional Approach CT10 club sensors for automatic club tracking to see how far players hit each club and for more tracking capabilities

·         Gain precise yardages to the front, middle, and back of the green, hazards, doglegs, layups and more, thanks to a built-in high sensitivity GPS that zeroes in on a player’s location.   

·         Use the Green View feature to see each green’s true shape and to move the pin for better yardage accuracy, regardless of where a golfer is on the course.

Golfers can now play from sunup to sundown with an internal, rechargeable battery that lasts up to 30 hours in GPS mode.  

Price: The new golfing smartwatch, Approach S12 is available at an attractive price of Rs. 20,990/-

Availability: Online- Amazon.in, synergizer.co.in, Flipkart, Tata Cliq

Offline- All Garmin Brand Stores (Pan India), Bhasin Sports (Gurgaon), Bangalore Golf Store, World of Golf Sports (Pune)

For more information about Approach S12: https://www.garmin.co.in/minisite/approach/approach-s12/

1Requires app on your compatible smartphone. 

About GARMIN: Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Instinct and TracBack are registered trademarks, and Garmin Connect, Garmin Explore, and UltraTrac is a trademark of Garmin Ltd. or its subsidiaries. Wi-Fi is a registered trademark of the Wi-Fi Alliance.

Generic Aadhaar Reached Exclusively as Medicine Reliever in Bangalore When India Again Got Hit By Covid-19 Tsunami Wave…

 

At 19years old, Arjun Deshpande’s Generic Aadhaar is a rapidly growing Indian Pharma Company starts its Exclusive Retail Franchise Medical Store in 24th main near Nandhini Delux, JP Nagar, Phase-6, Bengaluru also known as “Bangalore City”. When the world was gradually healing from the Corona Virus pandemic early this year but now the situation is more likely changed and seems devastated to witness the worsening of covid crisis in India. Many have lost their lives due to the critical situations of not getting the required medicines and injections on time where the demand has risen higher to topmost and supply is limited. Thus, Generic Aadhaar has encouraged the Women Entrepreneurs also to join the impactful Mission of being job creator then being the job seeker…

Where Generic Aadhaar have distributed life Saving “REMDESIVIR INJECTION” for free of Cost, when some were making money out of this heartfelt situation. Setting a better healthcare’s vision for India at this young age and to stand with the people gives a right courageous example for the future of India. The Young Founder did not stop here he also distributed the “FREE FIRST AID KIT” to the Frontline Workers the Covid Warriors Maharashtra Police Officers who works for hours in the hot climate & Safe guards the Citizens from Infringement in the city. Generic Aadhaar medical stores across India will sooner get the Good Quality with Highest Discounted Medical Store of LIFE SAVING MEDICINES and promises to provide more 500+ stores in the Bengaluru City and many more in the State of Karnataka.

The Innovative Pharma Venture was Started by 16yrs young Mr. Arjun Deshpande, is India's youngest entrepreneur founded and named Generic Aadhaar, back in 2018 from Mumbai Maharashtra & also the venture is supported and backed by renowned Industrialist Mr. Ratan Tata Sir himself. Generic Aadhaar is a Pharma Venture that Provides highest Discount up to 80-90% on Medicines which will be beneficial for people of Bengaluru and will result in Saving their harden money on Life Saving Drugs. Generic Aadhaar will Definitely help Common man’s monthly budget in this very tough covid crisis.

As per statistics, about 60% of Indians cannot afford to buy their daily medicines, gauging the market requirements, he already visualised the old traditional pharma industry to be changed as it was the need of the hour and emerged as a change Maker for betterment. He has the ability and courage to do something out of the box he was solely on the mission of making medicines available to every Indian at affordable price. After the business buzz and several Free Health check-up campaigns about the young founder’s Venture the great business entrepreneur Mr. Ratan Tata noticed and got impressed to joined hands with him to support his vision of unique and Innovative Pharma Venture for providing better Healthcare in India. Now, they are on Same Mission.

Generic Aadhaar Founder Mr. Arjun Deshpande said while Virtually Inaugurating Bangalore Store…. “I feel proud and will not stop to serve the nation on their right to get lifesaving drugs with easy availability with affordability. We are focusing on providing Job Opportunities by providing entrepreneurship through our franchise stores across India and we are aiming to provide Good Quality Generic Medicines for people of Bangalore. I promised to start 500+ stores in the City in few months. We are here for the People and appealing all Indians to choose generic medicines which are good in quality and efficacy and are much effective as they are approved drugs. Covid-19 Corona Virus Pandemic has taught us a Lesson that “Health is the biggest Wealth “. Also feeling Energised when Women of India is Coming forward in our Mission and Being known as an Independent Women Entrepreneur in the Locality…. he Concluded.

Generic Aadhaar Master Franchise Bengaluru city (South and East Zone) Mrs Nisha Tondon….” It’s a Privilege to be part of this innovative impactful mission, also feels honour to be independent women entrepreneur now. This was only because of the Young Entrepreneur Mr Arjun Deshpande Sir who has given us the opportunity of heading in the Bengaluru city (South and East Zone) for the betterment of People living in the Locality. Definitely this innovative idea should reach out to all Indians, Iam Proud to associate today with the rapidly growing Pharma Company Generic Aadhaar.”

About US: Started by a sole mission of making medicines available to every Indian, a 16-year-old set his eyes on the pharma industry. At this novel age, Mr. Arjun Deshpande, one of India’s youngest entrepreneurs founded this innovative venture, Generic Aadhaar. As per statistics, about 60% of Indians cannot afford to buy their daily medicines. The reason is the high prices which are absolutely unnecessary in the Indian pharmaceutical market. About 85-90% of the medicines in the market are generic. The customer has to pay for high costs of these generics because they are marketed and branded resulting in high incurred costs of marketing and promotional activities. Generic Aadhaar has disrupted the conventional pharma industry and is determined to empower single store owners and pass on the benefit to the end customer. Generic Aadhaar has a B2B and B2C model. We are appointing franchisee across India by aggregating single medical stores which are in bad shape due to heavy competition in today’s traditional pharma market. We are thus passing on the benefits to the franchise owners.

Exceptional Attack Protection Proven In Rigorous MITRE Engenuity ATT&CK Evaluations

* Trend Micro’s Flagship Threat Detection And Response Platform Proves Its Advantages In Sophisticated Simulations 

Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, excelled in the latest ATT&CK Evaluation performed by MITRE Engenuity. The Trend Micro Vision One platform quickly detected 96% of attack steps from the simulation that mimicked the behavior of two infamous APT groups.

Unlike other industry organizations that test a product’s ability to detect and prevent various malware samples, MITRE Engenuity’s ATT&CK Evaluations appraise a solutions’ ability to detect targeted attacks leveraging known adversary behavior. This approach more closely mirrors real-world attacks that are most critical. MITRE Engenuity focused on techniques associated with notorious threat groups Carbanak and FIN7 in this year’s simulations.

“Security has been about spotting the tools used in an attack: MITRE Engenuity adds the dimension of recognizing rather the patterns of an attacker, no matter when different tools are used,” said Greg Young, vice president of cybersecurity for Trend Micro. “MITRE ATT&CK is, like the attacks it models, complex. Doing well on a third-party test like this is satisfying – and with 96% visibility, we did very well here – especially considering it models techniques used by two of the world’s most capable threat groups. An even bigger success is helping educate organizations that ATT&CK isn’t just about the test but that ATT&CK can be a part of the everyday playbook for SOCs, which is reflected in our solutions.” 

This year’s test included two simulated breaches, one at a hotel and one at a bank, using typical APT tactics such as elevation of privileges, credential theft, lateral movement and data exfiltration. 

Trend Micro Vision One recorded the following impressive results: 

Delivered 96% of attack coverage to provide visibility of 167 out of 174 simulated steps across the evaluations. This broad visibility allows customers to have a clear picture of the attack and respond faster. 

100% of attacks against the Linux host were detected, capturing 14/14 attacker steps, which is especially important considering its huge increase in use by many organizations. 

139 pieces of telemetry were enriched by the Trend Micro Vision One platform to provide extremely effective threat visibility to better understand and investigate attacks. This is critical for SOC analysts. 

90% of attack simulations were prevented through automated detection and response very early on in each test. Deflecting risk early on frees up investigation resources, allowing teams to focus on the harder security problems to solve. 

Trend Micro Vision One allows customers to see more and respond faster — collecting and automatically correlating telemetry across email, endpoints, servers, cloud workloads and networks to speed up detections and investigations. 

Its performance against techniques used by two of the world’s most formidable cybercrime enterprises proves its value in threat detection and response, and ability to optimize cyber-risk reduction for customers. 

The MITRE ATT&CK framework helps industry define and standardize how to describe cyber-attack techniques — offering organizations a common and regularly updated language to triage detection and response as efficiently as possible. 

This year’s strong performance in MITRE Engenuity’s ATT&CK Evaluation is the second in a row for Trend Micro, whose capabilities also impressed in the 2020 tests. 

About Trend Micro 

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. TrendMicro.com. 

About MITRE Engenuity ATT&CK Evaluations 

MITRE Engenuity ATT&CK Evaluations are paid for by vendors and are intended to help vendors and end-users better understand their product’s capabilities in relation to MITRE’s publicly accessible ATT&CK® framework. MITRE developed and maintains the ATT&CK knowledge base, which is based on real world reporting of adversary tactics and techniques. ATT&CK is freely available, and is widely used by defenders in industry and government to find gaps in visibility, defensive tools, and processes as they evaluate and select options to improve their network defense. MITRE Engenuity makes the methodology and resulting data publicly available so other organizations may benefit and conduct their own analysis and interpretation. The evaluations do not provide scores, ranks, or endorsements. 

Paytm Launches India’s First Video-Based Wealth Community

● India’s first investing community based primarily on Video allowing users to attend live sessions from capital market experts & content creators on the mobile app 

● Interactive platform custom designed for the new Indian investor leveraging new age video-tech and streaming capabilities 

● Content creation by creators of all levels and many regions providing many topics in different languages 

● A platform for subject matter experts and experienced investors to become creators, create their sub-communities, and engage users 

● Beta launch on Paytm Money Platform for select users for the next 2 months, followed by open access for all 

India's homegrown digital financial services platform Paytm today announced that it has launched Paytm Wealth Community to revolutionize how Indians learn, discuss, and trade in the capital markets. Paytm Wealth Community is India’s first investing community based on Video and will enable users to attend live sessions conducted by subject matter experts across an array of wealth topics like Stocks, F&O, IPO, ETFs, Mutual Funds, Gold, Fixed Income, and Personal Finance. Users will be able to learn from experts, interact with them to clarify doubts, and also chat with other users on the platform to discuss various wealth-related topics.  

The way today’s youth interact, learn, or transact, has evolved rapidly. The growth of apps and social media demonstrates the influence of social interaction and peers. While across all parts of life, digital communities and groups have grown, wealth management misses a reliable, trustworthy platform. Paytm Wealth Community fulfills this gap by launching a platform designed for the needs of the new Indian investor. The platform is very intuitive, offers live video content on an interactive chat platform, and creators are conducting 30 to 60 min sessions in multiple languages like Hindi, English, Gujarati, and others. In beta, a limited set of creators have been onboarded by Paytm. To ensure the safety of retail investors all creators go through a comprehensive KYC onboarding and all content is recorded/checked. Over time, users will be able to create custom discussion rooms, set up their creator accounts, and chat in a controlled environment. The product and technology roadmap is expected to completely transform the user experience.  

The next 100mn capital market investors in India are expected to originate from social groups and investment communities. Paytm Wealth Community intends to be the leader in helping users save, invest & trade better, and will enable millions of users to consume video content like never before. 

The Paytm Wealth community is owned and operated by OCL Ltd. (Paytm) and is initially being offered in beta mode on the Paytm Money platform. Paytm Money is one of the leading drivers of wealth creation in India and offers investment products like Stocks, IPO, F&O, ETF, Direct Mutual Funds, NPS, and Digital Gold. Paytm Money has made deep inroads into the country with 7mn+ customers across 99 percent of all Indian pin-codes, helping in democratizing wealth products & services.  

Varun Sridhar, CEO of Paytm Money said, “Paytm Money was a natural choice for the Beta launch of Paytm Wealth Community, given our direct access to the broad investment community and reach across India. The Paytm team has implemented cutting-edge video & community technology ensuring the platform is seamless, and the user communication is safe and secure. We are very excited by the potential positive impact it will have on how users engage, learn and invest.”  

Paytm Wealth Community also offers the unique opportunity for subject matter experts and experienced investors to become content creators, share their knowledge with millions of budding investors, and create a personal brand in the Indian Capital Markets. The company encourages anyone with a desire to share capital markets know-how, create a personal brand, and have a significant social impact to mail pwc@paytm.com for starting the registration process. 

Users who have received access to the Paytm Wealth Community can explore the community calendar which lists out all upcoming sessions and their details on the Paytm Money app. Users can also share sessions with their friends, family, or followers on various social media platforms. Other interested users can download or update their Paytm Money app to the latest version and follow Paytm Money on social media platforms to get access to the live session links.  

Paytm has achieved over 1.4 billion monthly transactions in March, led by the massive growth in offline payments and financial services. It is the only platform in the country that promotes all digital payments services including Paytm Wallet, UPI, Paytm Postpaid, cards & net banking & is aiming to enable 50 million merchants with IoT-based payment devices. Its wholly-owned subsidiary Paytm Money is India's growth enabler for wealth products and is on a mission to bring 10 million Indians to equity markets by FY'22. The platform's stockbroking offering is helping to bring in more active direct equity investors in an underpenetrated segment. It aims to open over 3.5 lakh demat accounts by year-end and expects 60% of users to be from small cities.