Intellimation.ai Launches Its NLP And ML Based Product ADEPT For Insurance Sector

Intellimation.ai, a Natural Language Processing and Machine Learning based cognitive fintech company is launching its product ADEPT for the insurance and insurance brokerage industry.

ADEPT is an extension of their core AI platform Vector into the insurance sector. Through this product insurance brokers can embed and operationalise AI through an automated assembly line to ingest and interpret all types of structured and unstructured data, across a range of products related workflows.

ADEPT is a culmination of one year of analysis, testing, creation of corpora and writing their own proprietary NLP and ML algorithms for contextual understanding of the insurance sector.

Intellimation CEO – Mr. Har Pulak Bahadur stated “After disrupting the global markets space in the Investment Banking and Asset Management sector, Insurance came as a natural extension for our product. Bringing our already existing technology and adding the insurance domain layer gives us significant ability to disrupt this market and create value for insurance companies and insurance brokers. We have looked at some of most complex problems and take a futuristic demand approach to come up with ADEPT. The adoption of our technology will no doubt level the playing field for small and medium sized brokers and insurance companies to compete with larger and new age well-funded companies”

The use cases already configured for ADEPT include:

Request for quote automation using SLIP

Facilities Management

Claims processing

Contract Certainty

Next generation drilldown Dashboards

Machine learning based intelligence

Intellimation.ai aims to replicate its success it has seen in Investment banking where it increased straight through processing to >98%+, which has helped them scale with rapidly changing market environments as well improve customer experience significantly.

NKGSB Bank Accelerates Digitalization Efforts Using The Nutanix Cloud Platform Across Indian Market

 

* The bank transformed its IT and can now offer a seamless digital experience to customers

Nutanix (NASDAQ: NTNX, a leader in hybrid multicloud computing, today said NKGSB Bank, one of India’s premier cooperative banks, accelerated its digitalization efforts using the Nutanix Cloud Platform.  The move enabled the bank to roll-out new applications that are providing a seamless and improved digital experience for customers, and to help drive increases in productivity and revenues.

NKGSB was able to transform digitally because the Nutanix Cloud Platform helped it shift to a 100-percent virtualized environment and leverage hyper-convergence to scale resources as customer demand heightened. Nutanix’s technology also aided in significantly reducing the bank’s time spent managing workloads and its rack footprint, thereby reducing colocation charges and ongoing power costs. Nutanix also brought industry intelligence that helped the bank to do away with resource allocation on routine and mundane tasks and implement automated business processes.  

“One of the great things about Nutanix is the ability to gain greater visibility, combined with advanced analytics, to give us actionable intelligence to proactively manage service levels, optimize resource usage and help ensure configuration compliance across physical, virtual and cloud environments,” said Amit Jaokar, chief digital officer and chief information security officer, NKGSB Bank.

“Banks need an agile IT foundation that can help them compete with fintechs and digital startups, and cope with the complexity of burgeoning regulatory requirements. We are proud the Nutanix Cloud Platform continues to be preferred by leading banks globally and in India because it helps them drive agility and customer-focused innovation. Nutanix’s hybrid multicloud platform unifies divided operations, accelerates time to market, and breaks down expensive silos with a solution that delights stakeholders, businesses, and developers alike. Additionally, its architecture grants enterprises the flexibility to adopt and scale various applications and microservices that are imperative in today’s fluid business landscape to meet ever-growing customer expectations.” said Rajesh Krishnia, Business Head – BFSI & Enterprise, Nutanix India. 

Many banks today face significant technical and business challenges, ranging from contact center and branch productivity delays, downtime due to frequent upgrades and updates, complex and under-utilized legacy infrastructure, and limited automation of IT processes. The Nutanix Cloud Platform is enabling the BFSI sector to overcome these issues and achieve accelerated digital transformation with agile, automated IT.

About Nutanix

Nutanix is a global leader in cloud software and a pioneer in hyper converged infrastructure solutions, making clouds invisible, freeing customers to focus on their business outcomes. Organizations around the world use Nutanix software to leverage a single platform to manage any app at any location for their hybrid multicloud environments. Learn more at www.nutanix.com or follow us on social media @nutanix.

Toyota Teases Glimpses Of Its Most Affordable Offering: The All-New Toyota Glanza

Toyota Kirloskar Motor today shared a sneak peek into its newest and most affordable offering from its stable- the Cool New Toyota Glanza. Scheduled to be launched this month, the new Glanza boasts of a plethora of new & unique design features, exclusively created by designers at Toyota. Moreover, the new Glanza is also equipped with a technologically advanced connected feature, making it an irresistible choice for the Indian Market and helping Toyota reach far more value seekers in the segment. For more details, log onto the Toyota Bharat website: https://www.toyotabharat.com/showroom/glanza/

Encouraging More STEM Education For Girls, Olay Funds Scholarships With India School EdTech Unicorn LEAD To #STEMTheGap

Why are young girls presented with kitchen sets on their birthdays while boys are given toy robots or construction sets? Are our unconscious gender biases holding girls back? According to United Nations, in India women make up only 14% of the workforce in STEM (Science, Technology, Engineering and Math). As a brand of science, but simultaneously proudly also a brand of women, leading skincare brand Olay believes the world needs more women in STEM and believes it’s time to change the STEM gender gap equation in India.

Rooted in cultural barriers and stereotypical gender roles, women are often stereotyped as caregivers or homemakers and restricted in their fields of study to teaching, nursing, fine arts and home economics amongst the like. That’s why Olay has launched its #STEMTheGap initiative, as part of which the brand is encouraging more Indian girls to fearlessly pursue STEM education and careers. To action this, Olay has launched a STEM scholarship program for girls in partnership with LEAD, India's foremost School EdTech player.

LEAD works with over 3000 schools, most of which serve low-income families, to deliver international standard education to 1.2 million+ students. Specifically, LEAD transforms schools by helping teachers design the curriculum and find ways to better convey the concepts to students, whilst also securing books and other quality resources. It’s exactly this commitment to high quality education in geographical areas that may not otherwise have access that makes LEAD the ideal partner for Olay’s STEM scholarship programme. The girls who are recipients will be enabled with a very good experience and education, allowing them to pursue their passions and interests.

Since 2021, Olay is sponsoring tuition fees, as well as tablets and data packs for girls across 6 states in India. The latter two are particularly critical with the backdrop of the pandemic – many families don’t have multiple smartphones or devices at home, so providing tech-enabled solutions to ensure the girls can continue learning, even in an online or hybrid environment of physical and digital classrooms, is hugely meaningful.

Speaking on the #STEMTheGap initiative, Priyali Kamath, Senior Vice President, Skin & Personal Care – Asia Pacific, Middle East & Africa, Procter & Gamble (P&G) said, “Olay is a brand deeply rooted in science, and with 50% of our scientists being women, we know that girls have the potential to become amazing scientists. With more and more jobs becoming STEM-based, we believe it’s our collective responsibility to prepare girls for the jobs of the future. That is why we are committed to helping close the gender gap in STEM. Our scholarship program with LEAD is already making a real and meaningful difference today, and we are excited to be part of driving a positive future for girls in India. Together, let’s #STEMTheGap.”

Sumeet Mehta, Co-founder and Chief Executive Officer, LEAD said “Olay’s scholarships are extremely meaningful and will enable the girls to pursue their passions and interests. Our mission at LEAD is to take excellent education to every child by transforming schools, especially in small towns. Our partnership with Olay will further allow us to create value for students and democratize learning irrespective of where one goes to school. The early years are foundational for girls, and we are proud to be partnering on this cause to make a positive difference and work towards closing the gender gap in STEM.”

Ranjit Bute, parent of scholarship recipient Riya Bute (9) from Mangaon, District Raigad Maharashtra, said “I am a bus driver and my daughter Riya is currently in the 3rd standard. We were struggling to pay our daughter’s school fees during the pandemic and were worried she will fall behind in her education. When LEAD introduced us to this initiative by Olay, to help support our daughter’s entire education, we were so happy and relieved! We will always be grateful to Olay and LEAD for providing this huge support for us in our child’s education during these stressful times”

With the launch of its meaningful initiative #STEMTheGap, Olay India is committing to help close the gender gap in STEM. The brand has also unveiled a hard-hitting film highlighting how our unconscious biases teach girls that STEM is not for them and invites us to collectively address this to #STEMTheGap.

Link to the film: https://www.youtube.com/watch?v=Dz0AA0O6MmU

Radhe Shyam Ss The Most Anticipated March Release According To IMDb Fans In India

Last month, films like Khiladi and Gangubai Kathiawadi hit the big screen and are witnessing a roaring success. Filmmakers and audiences are excited for the big hits slated to release in March 2022. Among the Indian movies and webseries releasing in theatres or on streaming platforms during the month of March, these 15 titles were consistently most popular during a set pre-release window determined by the actual page views of IMDb fans in India. The rankings and release date information are based on data as of February 23, 2022.

Radhe Shyam - A romantic drama set in Europe during the 1970s.

Director: K.K. Radhakrishna Kumar | Stars: Prabhas, Pooja Hegde, Bhagyashree Patwardhan, Krishnamraju

Releasing on March 11, 2022

Bachchhan Paandey - A budding director tries to research a merciless gangster for making a film on gangster-ism. But his secret attempts to conduct the research fail when he gets caught for snooping.

Director: Farhad Samji | Stars: Akshay Kumar, Kriti Sanon, Arshad Warsi, Pankaj Tripathi

Releasing on March 18, 2022

Rudra: The Edge of Darkness - In the crime-ridden streets of Mumbai, journeying through the maze of psychopathic minds is brilliant super-cop Rudra Veer Singh.

Stars: Ajay Devgn, Raashi Khanna, Atul Kulkarni, Esha Deol

Releasing on March 04, 2022

Streaming on Disney+ Hotstar

The Kashmir Files - The Kashmir Files' is a story, based on video interviews of the first-generation victims of the Genocide of Kashmiri Pandit Community In 1990.

Director: Vivek Agnihotri | Stars: Anupam Kher, Mithun Chakraborty, Darshan Kumaar, Pallavi Joshi

Releasing on March 11, 2022

Etharkkum Thunindhavan - How the protagonist, a social fighter in the film, will be fighting the crimes against women?

Director: Pandiraj | Stars: Suriya, Priyanka Arulmohan, Pugazh, Sathyaraj

Releasing on March 10, 2022

Bheeshmaparvam - "Bheeshma Parvam" tells the story of Bheeshmavardhan, a former gangster turned marine exporter from Fort Kochi. Ensuing a series of unfortunate events and death threats to his family, he is forced to revisit his past.

Director: Amal Neerad | Stars: Mammootty, Soubin Shahir, Sreenath Bhasi, Farhaan Faasil

Releasing on March 3, 2022

Jhund - Based on the life of Vijay Barse, a retired sports teacher who founded an NGO called Slum Soccer. He managed to rehabilitate street kids by keeping them off drugs and crime by turning them into soccer players and building a whole team.

Director: Nagraj Manjule | Stars: Amitabh Bachchan, Abhinay Raj Singh, Ganesh Deshmukh, Vicky Kadian

Releasing on March 04, 2022

James - James also called Santhosh Kumar, who works as a manager in a security company and finds himself up against the big bad guys.

Director: Chethan Kumar | Stars: Puneeth Rajkumar, Priya Anand, Mukesh Rishi, Meka Srikanth

Releasing on March 17, 2022

Hey Sinamika - The lives of Mouna, a weather scientist who falls in love with Yaazhan, a quirky and loving guy. What happens to their relationship after a couple of years and how things take an unexpected turn after the arrival of Malarvizhi?

Director: Brinda Master | Stars: Aditi Rao Hydari, Dulquer Salmaan, Kajal Aggarwal, Yogi Babu

Releasing on March 03, 2022

Don - Follows the life of a youngster from college to his marriage.

Director: Cibi Chakravarthi | Stars: Sivakarthikeyan, S.J. Suryah, Samuthirakani, Priyanka Arulmohan

Releasing on March 25, 2022

Rama Rao on Duty - Rama Rao On Duty is an action entertainer movie directed by Sarath Mandava. The movie casts Ravi Teja and Divyansha Kaushik are in the main lead roles.

Director: Sarath Mandava | Stars: Ravi Teja, Rajisha Vijayan, Divyansha Kaushik, Nassar

Releasing on March 25, 2022

Aadavaallu Meeku Johaarlu - Director Tirumala Kishore's much-awaited Telugu family entertainer 'Aadavallu Meeku Johaarlu', featuring actors Sharwanand and Rashmika Mandanna in the lead

Director: Thirumala Kishore | Stars: Rashmika Mandanna, Radhika Sarathkumar, Kushboo, Sharwanand

Releasing on March 04, 2022

Night Drive

Director: Vysakh | Stars: Roshan Mathew, Siddique, Anna Ben, Indrajith Sukumaran

Releasing on March 11, 2022

Pada

Director: Kamal K.M. | Stars: Kunchacko Boban, Vinayakan, Joju George, Dileesh Pothan

Releasing on March 10, 2022

One Story Many Ends - An aspiring actress, a Don and a common guy; where the actress is stuck between career and love. How will she manage both? To add a twist, there is also a haunted flat with evil spirits. A mystery to unfold.

Director: Sanjay Niranjan | Stars: Usha Bachani, Rana Jung Bahadur, Deepak Bhatia, Brandis

Releasing on March 04, 2022

StanPlus, Even Announce Partnership For Emergency Medical Transportation Services

Even – a healthtech company and healthcare provider, and StanPlus – India's leading emergency medical response company, today announced their partnership to provide emergency medical transportation services.  StanPlus and Even will work closely to ensure that patients have access to 24/7, unlimited and pan-India emergency ambulance services that include road and air ambulance transportation and doctors on call.  

To ensure a hassle-free service experience, a dedicated 24/7 emergency number - 1800-121-3882 has been set up for emergency response.   The call centre will pick up the call and do an online verification by generating an OTP. To generate the same the associate will request the caller to provide a registered mobile number with Even. Once the OTP is authenticated, the associate will verify the member using the OPD URL.

Even is a subscription-based healthcare service provider that focuses on giving its members high quality and accessible primary care. Its unlimited OPD services (doctor consultations and diagnostics) are a unique proposition that will make preventive care more accessible to its members. The partnership with StanPlus is a critical part of Even's strategic vision to become a holistic healthcare provider for its members. Even launched its membership product in Bengaluru last month. The health-tech company has also partnered with leading hospital chains in Bengaluru including Narayana Health, Fortis Hospitals, and Aster DM Healthcare. Even recently raised $5 million in seed funding.

Commenting on the partnership, Mayank Banerjee, co-founder and CEO, Even, said: "We are extremely excited to partner with StanPlus to offer emergency ambulance services to our members. With StanPlus' network and focus on 8-minute emergency ambulance service anywhere in the country, we are optimistic about leveraging their expertise and understanding of this space to provide holistic healthcare experience to our members. Additionally, we want to ensure that we are able to support and assist our members in all health emergencies. The partnership with StanPlus is a strong step in that direction and will help us meet the emergency medical transportation needs of our members."  

StanPlus is committed to building India's 911 that can successfully enable an end-to-end emergency management solution for industry players across sectors. The company recently raised $20 million in a Series A funding, led by HealthQuad, Kalaari Capital and HealthX Capital Singapore. StanPlus has created the Red Health platform to allow large hospitals, employers, health apps, wearables, cars and any other ecosystem player to enable plug-and-play medical response. This can be customized and integrated into any digital health platform. StanPlus has a hybrid fleet model that allows for a quick scale up while maintaining world-class clinical standards.  

Prabhdeep Singh, co-founder and CEO, StanPlus, said: "At StanPlus, we are intent on building a 'first minute, last mile' healthcare paradigm with our 8-minute ambulance services. Our partnership with Even which has direct tie-ups with leading hospital chains in India will definitely assist us in reaching our goal to make our emergency medical transportation services accessible to a larger audience. We are delighted to be working together with Even to achieve our shared vision of a healthier India." 

The COVID-19 pandemic brought to the fore the critical need gaps in India’s healthcare system. With proactive efforts from the government and participation from private sector players, India is well poised to offer accessible and quality healthcare services its citizens.  

About Even: 

Headquartered in Bengaluru, Even is a health-tech company and healthcare provider that partners directly with the top hospitals in the country and offers unlimited diagnostics, consultations and INR 50 lakh worth of hospitalisation, all via one monthly subscription cost. The company was founded in January 2020 by Mayank Banerjee, Matilde Giglio and Alessandro Davide Ialongo. Even believes every Indian should have access to 360-degree high-quality healthcare that is affordable and easy to access. 

About StanPlus:

At StanPlus, we care for you & are constantly working towards making a better environment for those in need. Our global experience in medical transportation services allows us to deliver a perfect, reliable & glitch-free service to all. We have grown to become the pioneers in private ambulance services and are the leaders when it comes to ambulance service in Hyderabad. All of these achievements have only been possible due to our dedication to ensuring that our emergency responders can provide you with all the assistance in the quickest possible manner. Backed by a fleet of over 900 ambulances that work 24/7, guarantee medical transport within 15 minutes and are packed with top-of-the-line equipment and highly trained personnel, we are on our way to achieving our aim to deliver round the clock medical transport support to anyone in need

L&T Technology Services (LTTS) Selected As Global Preferred Engineering Supplier By Airbus Group

* LTTS Wins Prestigious Airbus EMES3 Engagement And Will Offer Engineering Services For Airbus And Its Ecosystem

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been recognized as a Global Preferred Engineering Supplier for European multi-national aerospace major Airbus, under its EMES3 (Engineering, Manufacturing Engineering and Services Strategic Suppliers) program and has been awarded with a multi-year contract.

The result is an outcome of an extensive Airbus Group assessment of LTTS’ capabilities and expertise across Engineering, Manufacturing Engineering and Customer Services domain conducted over a year. The engagement covers all Airbus divisions, subsidiaries and affiliates.

With the EMES3 selection, LTTS has entered into a long-term commitment to provide best in class technology and engineering capabilities to the Airbus Group. LTTS has also scaled up operations across Airbus’ key geographic locations including Toulouse (France), which is poised to become the main R&D Centre of Excellence (CoE), serving LTTS’ wide aerospace customer portfolio, along with LTTS’ strong talent pool of 17,000+ engineers operating out of India and leveraging conventional and digital expertise.

LTTS has been a strategic supplier with Airbus global and its India subsidiary for more than a decade, providing engineering services across verticals like engineering, avionics and digital.

Last year, LTTS was also selected by Airbus to provide technology and digital engineering solutions for Airbus’ Skywise platform as part of the ‘Skywise Partner Program’. Under this program, LTTS is supporting Airbus’s global customer base of airlines.

LTTS’ offerings to the aerospace sector encompass a wide spectrum of services including Aero Structure & Systems Design, Manufacturing Engineering, Avionics and Software Development, Aero Engine Design, ATM solutions and Airlines & MRO solutions engulfed by its digital solution portfolio which caters to all phases of the aircraft lifecycle.

Amit Chadha, CEO and Managing Director at L&T Technology Services said, “Airbus Group is our esteemed customer with whom we have had a decade-long relationship which is further strengthened by our selection as an EMES3 supplier. We are delighted to be selected and look forward to #EngineeringTheChange for Airbus and its ecosystem. The latest empanelment is a true reflection of LTTS being a focused technology organization with a strong engineering DNA stemming from the parent L&T group”.

About L&T Technology Services Ltd

L&T Technology Services Limited (LTTS) is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services. We offer consultancy, design, development and testing services across the product and process development life cycle. Our customer base includes 69 Fortune 500 companies and 57 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom & hi-tech, and the process industries. Headquartered in India, we have over 20,100 employees spread across 17 global design centers, 28 global sales offices and 79 innovation labs as of December 31, 2021. For more information,  visit https://www.ltts.com/