o9 Solutions Announces Former U.S. Vice President Al Gore As Keynote Speaker At aim10x Global 2022

* o9’s Annual Digital Transformation Event Will Take Place Virtually April 5-7, 2022

o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today announced Generation Investment Management co-founder and chairman, and former U.S. Vice President, Al Gore, as a keynote speaker for aim10x global 2022.

Held virtually from April 5-7, aim10x global 2022 will be o9 Solutions’ largest digital transformation event to date. Top leaders across planning, decision-making, and analytics will share their insights on leveraging the power of data and AI to help companies make better, faster decisions across industries. 

Gore will present ‘The Case for Optimism on the Climate Crisis’ on April 5 and discuss the Sustainability Revolution that is beginning to reshape the world. This revolution—when coupled with technological advances—will have a deeper global impact than the industrial revolution and will unfold faster than the digital revolution.

“We are extremely pleased to welcome the co-founder and chairman of Generation Investment Management and former U.S. Vice President, Al Gore, as a keynote speaker at aim10x global 2022,” said Chakri Gottemukkala, CEO and co-founder of o9 Solutions. “He has dedicated his career to raising awareness and inspiring action against climate change.  Social impact and sustainability is a core value and an important part of o9. We are eager to help large companies make better decisions for their company and our planet and are looking forward to hearing Al Gore speak more on that topic at aim10x global 2022”. aim10x global takes place virtually from April 5 to April 7. Click here to register for the free event or view the agenda.

About o9 Solutions, Inc.

o9 Solutions is a leading AI-powered platform for integrated business planning and decision-making 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. o9 brings together technology innovations—such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces, and cloud-based delivery—into one platform. For more information, please visit www.o9solutions.com.

Insurtech Platform, Zopper Delivers Stellar Business Performance, Achieves $100 Million Annualized Insurance Premium Milestone

* Key partners include Amazon, Ola, Cars24, Xiaomi, Croma, Titan Eye Plus, StoreKing, IIFL, Chaitanya, and more

* Zopper, backed by marquee global investors, Tiger Global and Blume Ventures has presence in over 1200+ cities

Zopper, India’s largest embedded insurtech platform, today announced accomplishment of new business milestone – $100 million in annualized insurance premium. The acceleration in digital transformation has helped the company to deliver stellar business performance. The demand for digital solutions is on the surge across the insurance value chain, from quote issuance to claim settlement. And, the ecosystem partners are collaborating with Insurtech players to innovate and build future capabilities to meet the protection needs of customers. 

Zopper’s Insurtech platform is backed by marquee global investors – Tiger Global and Blume Ventures. The company offers end-to-end insurance solution to its distribution partners through its API platform. Zopper and has over 60 plus distribution partners, which include some of the India’s largest brands – Amazon, Ola, Cars24, Xiaomi, Croma, Titan Eye Plus, StoreKing, IIFL, Chaitanya, and more. The company has presence in over 1200+ cities across India meeting the surging demand of new-age digital customers.

Commenting on new milestone, Surjendu Kuila, Founder and CEO, Zopper said, “Achieving $100 million in annual insurance premium is significant moment for stakeholders. We at Zopper aim to increase insurance penetration in the country by leveraging the marvels of new-age technology. We know for a fact that the world is embracing digitalization at a much faster pace than expected, especially owing to the pandemic. The share of digital insurance is anticipated to grow to 19 percent by 2027, and we look forward to scaling to 50 million policies over this period.”

Since Zopper came into being, its aim has been to create India’s largest embedded insurtech API platform to help B2C company sell insurance seamlessly to its customers. Zopper provides its services to a large set of ecosystem with partners belonging to digital, financial, and lifestyle segments. The insurtech platform offers a wide range of products such as health insurance, life insurance, motor insurance as well as lifestyle protection.

About Zopper:

Zopper is India’s largest embedded InsurTech platform that aims to democratise access to insurance distribution via its Application Programming Interface or API platform. Zopper, backed by marquee global investors, Tiger Global and Blume Ventures has presence in over 1200+ cities. The company helps B2B and B2C organisations adopt various insurance products and provides end-to-end technology and service offerings to insurers. It is a company that joins the missing pieces in the Insurance Eco system by combining technology and product solution to deliver results.

RBI Chooses Cloud-Native Intellect Quantum Core Banking Solution Upgrade For Powering Digital Transformation Journey

* Cloud hosted solution built on API-first micro-services architecture and advanced analytics with real-time multi-dimensional dashboards to power the digital transformation agenda of RBI

Intellect Design Arena Ltd, a cloud-native, future-ready multi-product FinTech company for the world’s leading central banks, financial and insurance clients, announced that the Reserve Bank of India, the central bank of the country and one of the largest in Asia region, has chosen Intellect to implement the upgraded version of the award-winning Cloud-Native Intellect Quantum Core Banking solution to power the next stage of their digital transformation agenda. Intellect continues to be the trusted partner for the Central Banking Transformation at Reserve Bank of India.

One of the largest and most complex central banks in the world with a balance sheet size of INR 57076.69 Billion, the Reserve Bank of India (RBI) provides the financial backbone for the world's sixth largest economy by implementing various monetary policy tools. Managing foreign exchange reserves, managing currency in circulation, regulating the banking industry and managing public debt, collections, and payments to the federal government, state governments, and union territories through RBI’s 30 regional offices.

The entire central banking operation of RBI is currently being supported by Intellect’s Quantum Central Banking Solution, popularly called as e-Kuber in RBI, Government of India & in the Indian Financial Systems. Benchmarked to support over 100 million transactions and 30+ million ISO20022 payment messages on a peak day, the platform supports 250+ commercial banks, 35 state government and union territories along with a number of Central Government ministries.

The next generation Intellect Quantum solution is built on cutting edge API first, cloud-native and cloud-agnostic microservices architecture supported by a rich set of packaged business components. The solution enables the RBI to seamlessly manage multiple activities such as supporting India’s Treasury Single Account with real-time balance position for various government entities, India's national GST backbone, and a wide range of Govt. Services and Banking Services, Currency circulation through 3000+ currency chests, Depository for Govt. securities including public debt auction management,  sophisticated Monetary Policy Operations, MNSB settlements for various market infrastructures, the support for financial inclusion by facilitating a wide range of Government direct benefit schemes for the public and Govt. Payment and Receipt Gateway with the support for 24x7 RTGS, NEFT payments and settlements, enterprise General Ledger with real-time balance sheet among others. 

With the launch of the Digital India initiative by the government, various direct benefit schemes of government, digital payments, GSTN & other varied monetary policy implementations, RBI transaction volumes are expected to grow several fold over the next decade and the next stage of the bank’s digital transformation project, e-Kuber 2.0 has to be designed & engineered to support this growth. RBI will deploy the entire QCBS platform-with API first micro-services architecture-on a cutting-edge large scale private cloud enabling a contextual modern user experience. Intellect will also provide a new Government Portal for Govt. entities with real time multi-dimensional dashboards along with modernising the existing commercial banking portal. 

Commenting about the prestigious deal win from Reserve Bank of India, Rajesh Saxena, Chief Executive Officer, Intellect Global Consumer Banking said “Intellect Quantum Central Banking Solution underlying MACH –enabled architecture will enable RBI to stay future-ready, with the ability to quickly and easily upgrade their systems, and navigate through the ever-changing economic landscape. We are excited for RBI to leverage the present-day best practices and the best of innovation from across the world with the latest version of our award winning central banking solution. It has been an honour for us to see our partnership with the Reserve Bank of India grow rapidly over the years. The collaboration, which began in 2011, and bagged accolades such as the Asian Banker ‘Best Central Bank Technology Project’ award along the way, is set to become even stronger with the implementation of our QCBS upgrade.”

BLive Partners With Bangalore Based OTO Capital To Facilitate Easy Financing Of Electric Scooters And Bikes

* Partnership to offer easy financing options of EVs on lease basis to increase demand

BLive, India’s premier multi brand EV store with online and offline presence has partnered with OTO Capital, a platform providing affordable plans for bike and scooter ownership, to make EV ownership much quicker and easier for EV enthusiasts across the country. The partnership between OTO Capital and BLive is for sale, marketing and promotion of multiple 2wheeler EV brands on lease model on BLive platform. 

This one of a kind opportunity, allows audiences across the country to exercise choice, option and easy availability of Electric Scooters and Bikes at BLive stores, both offline and online, through OTO Capital.

Commenting on the announcement, Samarth Kholkar, Co-Founder, BLive, shared, “As India’s first EV experience platform, our vision is to offer customers easy and affordable ways to explore, experience and purchase escooters and ebikes. With a vision that EVs will replace the fuel vehicles soon, we have partnered with the leader in vehicle leasing. We firmly believe that our partnership will cater to the demand for EVs and help in adoption of the category in India, giving a boost to the industry.”

Customers can choose from amongst Kinetic Green, Techo Electra, Batt:RE, LML - Detel, and others brands on BLive stores, wherein OTO Capital will finance vehicle on a lease basis and BLive will be the single point of contact of the transaction between OTO Capital, Manufacturer and Customers.

Sumit Chhazed, Co-Founder and CEO of OTO Capital, expressed his thoughts saying, “We are thrilled to announce our partnership with India's leading EV Experience platform, BLive. EV financing has been a challenge in the country and one of the key roadblocks in EV ownership. Our vision is to bring in better options of commuting, while helping customers with easy financing options. We look forward to our partnership and helping people own their dream electric vehicle like never before.”

The partnership between BLive and OTO Capital will spread across 12 months and will apply to all the models of escooter and ebikes available at the BLive store. 

About BLive

BLive is India's first Electric Vehicle Experience platform. It follows an experiential approach of driving adoption of Electric Mobility through BLive EV Tours and the BLive EV Store. BLive EV Tours offers curated, authentic, and immersive local tours that can be experienced on smart, savvy, electric bikes. Customers can experience the joy of effortless riding and collect memories as they ride a new adventure off beaten trails. BLive is a top ranked activity on TripAdvisor across India and a recipient of the TripAdvisor Travellers Choice Award 2020. BLive EV Stores showcases multi-brand EV Two Wheelers and has already sold to customers in over 50 cities across India. BLive will soon launch its offline stores with a focus on Tier2 and Tier3 cities across India.

About OTO Capital

Welcome to the future of Bike Ownership!

OTO aims to provide affordable plans for your dream bikes at 35% lower EMIs than banks. We at OTO put our customers first and use technology to simplify the buying process. We are a small team, but we dream big of making bike ownership flexible, pocket-friendly & hassle free.

I have also attached the images of the newly opened store for your reference. Request if the same can be carried in your esteemed publication.

156th SLBC Karnataka Meeting Scheduled On March 02, 2022

156th SLBC meeting held under chairmanship of Sri P Ravi Kumar, Honorable Chief Secretary, Govt. of Karnataka through video conference where Canara Bank Executive Director Sri. Brij Mohan Sharma, Smt. Vandita Sharma, Addl. Chief Secretary & Development Commissioner, GoK, Sri R Gurumurthy, Regional Director, Reserve Bank of India, Shri Niraj Kumar Verma, Chief General Manager, NABARD and State Controlling heads of banks and heads of line department of GoK have attended the meeting.

Sri Brij Mohan Sharma, Executive Director, Canara Bank during his key note address said that Government of India had initiated a number of schemes under Athmanirbhar Bharat Abhiyan namely ECGLS 1.0 to ECGLS 4.0, PMSvanidhi first and second tranche, PM Formalization of Micro Food Processing Enterprises (PMFME) with ODOP-One District One Product concept. Agricultural infrastructural Fund scheme which plans to cover 10,000 FPOs, Support for post-harvest storage, AIF, Animal Husbandry etc.  He urged upon the bankers to achieve the target allotted under AIF, PMSVANidhi, PMFME etc., which will contribute in big way in enhancing farmers’ income and meeting the needs of the most vulnerable sections of the society.

He also informed that in order to ensure maximum coverage of farmers engaged in Animal Husbandry and Fisheries activities under KCC, the Government had launched a special saturation drive in the form of weekly “District-level Camp” for a period of 3 months w.e.f 8th November 2021.  Though there was covid pandemic situation, majority of the banks have fared well and requested all Banks to continue this trend.

He also informed the house that Karnataka state ranked 4th under Mudra and PMFME sanctions & disbursements and 5th position in case of PMSVANidhi scheme. He requested for a better performance in implementing 2nd tranche of PMSVANidhi in our state.

He informed that FRUITS team, e-Governance, GoK in coordination with SLBC and NABARD has trained all the state nodal officers and bank master trainers and majority of the bankers have already on boarded to the FRUITS portal. Revenue department, GoK has issued GO for sub registrar offices for implementation of FRUITS portal and

GoK has made all SROs live for implementation of FRUITS Portal and with effect from 01.11.2021.

Total Priority Sector Advances (PSA) target for FY 2021-22 is 2,92,392 crores and achievement during December quarter 2021 is 148958 crores (50.94%). Out of total PSA, Agriculture Achievement is 80176 crores (63.64%) and MSE/MSMSE is 56279 crores (50.33%).

ABB India Introduces A Gender-Neutral Parental Leave Program

·      The program grants 4 weeks of paid leave to secondary caregivers, in addition to the parental leave for 26 weeks for the primary caregiver

·      The parental leave program cuts across genders, age, and sexual orientations

ABB India has announced a gender-neutral and inclusive parental program recognizing the need for both parents to be present with their newborns or a new adoptive child under 3 years of age. The inclusive approach, one of the firsts in the Indian manufacturing sector, extends similar benefits to LGBTQ couples and co-habiting partners, adoptive, and surrogacy commissioning parents.

The parental leave program forms part of ABB’s “Global Diversity & Inclusion Strategy 2030”, and is in line with the company’s global parental program introduced last year. This program is envisioned to offer much-needed support to families so as to help them bond with their children and balance their personal and professional responsibilities. As part of this program, each employee who is the secondary caregiver will be entitled to take 4 weeks of parental leave while the primary caregiver is eligible to take 26 weeks, as per the country’s maternity law.

Sanjeev Sharma, Country Head and Managing Director, ABB India said, “At ABB, we are committed to creating a diverse and equitable workplace where our employees feel valued and cared for. This gender-neutral and inclusive approach, we truly hope, will provide our people the much-needed time to be fully invested in their families and be present for important milestones. We believe the focus on such gender-neutral programs will cascade across various sectors to build more inclusive workplaces, as the Indian industry strides into the next level of sustainable growth.”

As part of ABB’s 2030 sustainability strategy, the organization is committed to driving social progress, along with our suppliers and in our communities. Within the workplace, ABB India has introduced various initiatives to foster the culture of Diversity and Inclusion which includes the gender-neutral focus. For the last couple of years, a series of unconscious bias workshops have been conducted for all employees to raise awareness around the biases we may have but are not conscious of. Local diversity councils function as a support group for women and ABB has been consistently increasing women’s representation across businesses. Various initiatives are also in progress to enhance awareness, increase access and make the workplace more inclusive.

ABB (ABBN: SIX Swiss Ex) is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation, and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by about 105,000 talented employees in over 100 countries. www.abb.com

Health And Wellness Start-Up RisamPure™ Launches AtmoPure Air Purifiers

RisamPure™ owned by the former promotors of Bharat Serums & Vaccines Ltd. (BSVL), which is one of the leading health care organisations with over 4 decades of experience in this segment, has launched AtmoPure™ range of air purifiers. Aimed at providing the best health care and well-being products in India, RisamPure™ will be introducing two variants - Medical Grade Hepa 14 Range and Advanced Grade Hepa 13 Range. The air purifiers will be available to consumers starting from Rs. 14,990 on https://risampure.com/.

onwards on.

AtmoPure™ air purifiers are built to proactively protect your health by ensuring no air-borne threats escape into the air you breathe. Atmopure™ air purifiers with its State of the Art 5 stage purification system inside, eliminates all kind of air-borne threats, as they come with built-in Pre-Filter + Activated Carbon Filter + ‘3D Attack’ Technology.

Our innovative and revolutionary ‘3D Attack’ Technology is designed to ensure that the air in every corner of your home is free of all types of allergens, bacteria & viruses. ‘3D Attack’ Technology comprises of 3 powerful technologies – MEDICAL GRADE HEPA 14 + UV-C + IONIZER, making it a unique combination to remove all air-borne particles (as small as 0.3 microns) like hair & dust, gases, odours, VOCs, pollen, mould, allergens, mildew, fungi, bacteria’s & viruses.

Having all 5 technologies together makes AtmoPure™ Air Purifers unique and powerful for your rooms.

“Air pollution is worsening by the day, and we are constantly breathing in toxic air even inside our homes without even realizing it. The launch of AtmoPure™ state-of-the-art air purifiers is a step towards realizing our vision of bringing the best of healthcare and well-being products to India in order to build a healthy nation,” said Mr. Bharat Daftary, former Chairman of Bharat Serums & Vaccines Ltd.

Going forward, the company plans to conduct extensive research to come up with more innovative healthcare solutions. RisamPure™ plans to expand its portfolio by bringing in more products in the purification range targeting B2B and other segments. The cornerstone of our product portfolio strategy is Purity, and this will be represented in every product that we introduce and launch.

Vaikunth Ganapathy, Commercial Director of RisamPure™, said: “The LEAF in our logo symbolizes this purity. It integrates our belief and strategy together. Consumers are making healthier choices to strengthen their immunity and upgrade their overall lifestyle. With increasing dust, pollutants, and lessening of green cover, the air quality has substantially depleted, and consumers are moving to more health-oriented solutions like air purifiers. AtmoPure™ air purifiers incorporate highly advanced technologies that ensure the air you breathe in your homes and offices is safe and clean.”