Tuesday, March 29, 2022

Latest Models In Epson’s Monna Lisa Series Reduce Environmental Impacts Without Compromising Quality Or Productivity


 * ML-64000 and ML-32000 deliver high quality printing at exceptional speeds

Epson announced it had begun shipping the latest models in its series of Monna Lisa digital textile printers. Equipped with 64 and 32 PrecisionCore printheads, the ML-64000 and ML-32000 combine the best of Epson's world-class inkjet printing and manufacturing technologies to deliver high-quality printing at exceptional speeds to meet the needs of an increasingly competitive and dynamic textile market.

The textile market is now facing growing demands to reduce environmental impacts and improve work environments, and Epson is committed to leveraging its technologies to provide practical printing solutions that meet these needs. “The shift to digital printing and enhanced sustainability is gaining momentum worldwide,” said Kazuomi Okuzono, general manager, Seiko Epson Corporation. “Thanks to the new ML-64000 and ML-32000, Epson will continue to contribute to improved sustainability in the textile industry without compromising on quality or productivity.”

About the ML-64000

The ML-64000 reaches a print speed of 774 square metres per hour (600x600 dpi - 2 pass), with 64 PrecisionCore printheads, without compromising on printing quality. The stable operation and unprecedented usability of the ML-64000 are realised due to advanced cleaning mechanisms and automated adjustment functions. The fluff blower system removes fluff from the fabric surface before it enters the printing area, and the ink mist extraction system helps reduce nozzle clogging problems. In the event a nozzle does become clogged, Nozzle Verification Technology (NVT) detects missing dots and adjusts ink delivery to maintain image quality and reduce printing errors. With high-accuracy head alignment technology and automatic calibration by the built-in RGB camera, printhead replacement and calibration can be completed easily. In addition, the Epson Cloud Solution PORT reduces downtime and service calls by allowing quick responses to potential problems, and the operating status of all connected printers can be viewed from PCs or mobile devices, helping to maximize productivity.

Key points:

Printheads: 64 Epson PrecisionCore Printheads

Productivity: up to 774 m2/h (600x600 dpi; 2 pass)

Resolution: up to 1200 dpi.

Width: 180 cm

Ink types: Genesta Acid, Reactive, Disperse and Pigment

Ink capacity: 10 litres

About the ML-32000

With 32 PrecisionCore printheads, the ML-32000 reaches a typical print speed of 423 square metres per hour (600x600 dpi - 2 pass) and offers the most flexible solution with selectable channels configured to deliver the highest versatility. The 8+8 colour configuration (option) can be loaded with two different types of ink simultaneously (e.g., Acid + Reactive) to increase the fabric types that can be printed and is of particular value when working within a limited space or a tight budget. The ML-32000 is available in 2.4-metre or 3.4-metre print widths.

Epson precision dot technologies reduce banding and graininess, and new stacked printing that randomises the halftone dot pattern to reduce image degradation caused by dot misalignment. Dynamic Alignment Stabiliser (DAS) technology also ensures stable print quality by controlling waveforms on printhead chip for higher dot placement accuracy and more uniform dot density on each pass. Monna Lisa also features symmetrical colour alignment for consistent colour overlap order during high-speed bidirectional printing, and new Accurate Belt Position Control (ABPC) technology for precise fabric feeding. The result is optimal quality and speed, with superb reproduction of colour gradations, fi­ne details, and complex geometric patterns.

Key points:

Printheads: 32 Epson PrecisionCore printheads

Productivity: Typical print speed of 423 sqm/h (600x600 dpi - 2 pass)

Maximum print speed: up to 697 sqm/h (300x600 dpi; 1 pass)

Resolution: up to 1200 dpi.      

Width: 180/240/340 cm.

Ink types: GENESTA Acid, Reactive, Disperse and Pigment.

Ink capacity: 10 litres.

Epson GENESTA inks are available in Acid, Reactive, Disperse, and Pigment formulations in a degassed vacuum-pack. They are ECO PASSPORT certified to meet globally recognised standards for environmentally conscious textile printing. In addition, the Acid ink is bluesign® approved, and the Reactive and Pigment inks are GOTS approved by ECOCERT.

Monna Lisa is at the heart of a high-tech Total Solution – a complete and integrated system that provides maximum assistance throughout the production cycle. There is a single supplier for all components.

About Monna Lisa

Two leading companies of For.Tex and F.lli Robustelli in the “Digital Textile Valley” area of Como, had been chosen by Epson in the early 2000s as partners for the Monna Lisa project, and were later acquired 100% by Epson Italia, becoming a part of the Epson Group.

For.Tex has been for 30 years a trusted provider of dyes thickeners and specialty for printing, both in Italy and overseas, and contributed with the development of the Genesta inks, specifically designed for the Monna Lisa series. Operating since the 1950s, F.lli Robustelli has always designed and produced photogravure and textile printing machinery and systems and was responsible for the engineering of the Monna Lisa series on Epson print technology.

About Epson

Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson will become carbon negative and eliminate the use of exhaustible underground resources such as oil and metal by 2050.

Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion. https://global.epson.com/

About Epson India

Epson India Pvt. Ltd. was incorporated in the year 2000. Epson products address the needs of homes, businesses and commercial enterprises as those of consumers with specialized needs in India. With a commitment to providing products and services that surpass people’s expectations, Epson India today has an enviable reputation for quality and value. Headquartered in Bangalore, the company markets and supports Epson Inkjet Printers, Inkjet All-in-Ones, Point of Sale Printers, 3LCD Projectors, Scanners, Large Format Printers, Robots and Dot-Matrix Printers. In all of these categories, Epson is either the No. 1 or No. 2 brand in India and growing fast. https://www.epson.co.in/

Anti-Money Laundering Startup, IntelleWings Raises A Round From Dallas Venture Capital To Fight Corruption And Terror Funding


IntelleWings Private Limited, an AI-powered and SaaS enabled AML/CFT (Combating the Financing of Terrorism) Compliance company, today announced that it has raised $650K in pre-Series A round from Dallas Venture Capital (DVC), a cross-border venture capital firm focused on early and growth stage companies in cloud infrastructure, B2B SaaS, AI/ML, mobile, XR and other emerging technologies.

This round saw existing investors like SucSEED Indovation Fund, Padup Ventures and Vinners, reinforce their support with additional capital along with the participation of new investors like Lead Angels and Nextgen Technology Fund I (a fund created by STPI and managed by Pontaq).

With the vision of reducing corruption and terror funding, IntelleWings has developed its proprietary AML/CFT global database for customer screening, a key differentiator, along with CFT Sanctions and Adverse Media checks. Another significant differentiator, IntelleWings Eye, provides a simplified view for complex transactions and speeds up detection of money laundering patterns. IntelleWings is emerging as a significant player in the RegTech (Regulatory Tech) market and counts among its customers one of the largest private sector banks in India along with 10 other DNFBPs (Designated Non-Financial Business and Professions) clients in the Middle East.

“Corruption and terrorism can be combated by leveraging technology with focus and depth. IntelleWings is harnessing the power of AI to provide game-changing AML/CFT solutions,” said Pramod Sharma, Founder and CEO of IntelleWings. “The product is built on deep domain and technology expertise and the capital raised in this round will help us in business development, hiring senior leadership and expansion into new markets including the US,” added Mr. Sharma.

“Banking and financial institutions globally have come under increased government scrutiny to prevent money laundering by deploying AML solutions,” said Shyam Penumaka, Partner at Dallas Venture Capital. “Over $342 billion in fines have been imposed globally for non-compliance between 2009 to 2017 as per Reuters. There is enormous market potential for IntelleWings, and DVC is excited to partner with IntelleWings in their growth journey with our DVC Advantage program,” added Mr. Penumaka.

“Global anti-money laundering software market revenue is expected to register a CAGR of 15% over the forecast period, and AML software revenues are projected to increase from $1.6 billion in 2021 to $5.7 billion in 2030,” said Vikrant Varshney, Co-Founder and Managing Partner of  SucSEED Indovation Fund. “SucSEED Indovation has a dedicated Security and RegTech focus to discover and support early stage disruptive indovations to bring them to the market and we are glad that IntelleWings have got a great response” added Mr. Varshney.

“We were able to identify the potential of IntelleWings on leveraging technology in solving a real-life problem,” said Pankaj Thakar, Founder and Chief Mentor of PadUp Ventures. “The team’s progress and success has been a huge encouragement for us, and we remain committed to supporting them in their journey. We believe that they will be able to achieve great heights in no time and this round will just add fuel to their cause,” added Mr. Thakar.

Namrata Kaul, former MD of Deutsche Bank, Corporate Banking, led this round from Vinners. “Being from the industry, I know for sure the importance of Pramod’s work. This is the need of the hour and there is a great potential in the idea and the team. We have been with him for the last two years and this would be our second round of investment. We have seen the team progress and it only makes sense for us to participate in this round also,” said Ms. Kaul.

L&T Technology Services Earns Recognition As A John Deere Supplier Of The Year & Partner-Level Supplier


* LTTS Wins Dual Recognition For Outstanding Performance In Product & Service Quality While Committing To Continuous Improvement

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company has earned recognition as Supplier of the Year and also named Partner-level supplier for 2021 in the John Deere Achieving Excellence (AE) Program.

The Partner-level status is Deere & Company’s highest supplier rating. India-based LTTS has been selected for the honor in recognition of its dedication to providing products and services of outstanding quality as well as its commitment to continuous improvement.

LTTS is a provider of multiple services to John Deere, including engineering services spanning areas like digital, product simulation, embedded software development & validation, mechanical design, cost management and analysis.

Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.

Abhishek Sinha, Chief Operating Officer and Board Member at L&T Technology Services said, “We feel humbled to be the recipient of Supplier of the Year 2021 recognition from John Deere. Our technology-led, collaborative approach has helped strengthen our relations with a strategic customer like John Deere. This recognition reinforces our resolve to offer the best-in-class solutions and outstanding quality for our global customers.”

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/

UST Named A Leader In Zinnov Zones For Hyper Intelligent Automation And RPA Services


UST, a leading digital transformation solutions company, has been rated as one of the leaders in the 2021 ratings of Zinnov Zones for Hyper Intelligent Automation (HIA) Services and RPA Services in Small and Medium-sized Service Providers segment. Powered by UST SmartOps platform, UST’s HIA services empower businesses to focus on the digitization opportunities with the highest business impact. As a leader, UST has been recognized as a robust provider capable of delivering results with high impact and meeting future client requirements compared to peers.

Zinnov Zones is an annual rating from Zinnov to assess the prowess and scalability of companies across the HIA ecosystem. Participants are also evaluated across the following segments – HIA Services, HIA Consulting, RPA Services, horizontal segments such as F&A, Talent Management & HR, and industries including Retail & CPG, Healthcare, etc.

Sajesh Gopinath, General Manager & Go-to-Market Leader, UST SmartOps, said, “We are thrilled and honored to be named a leader in Zinnov Zones for Hyper Intelligent Automation (HIA) services and RPA services, among Small and Medium-sized Service Providers. It is a testament to our capabilities and commitment to help our clients transform their business processes. UST SmartOps™ intelligently and continuously improves business processes and accelerates success by reducing costs, streamlining operations, and unlocking value for businesses.”

“UST’s advanced capabilities in the automation space are driven by its large pool of skilled and certified talent, and strategic partnerships with leading automation platforms including Microsoft and UiPath,” shared Nischay Mittal, Partner & Global Head – Automation/ AI, Zinnov. “UST’s deep expertise in automation deployments in Cloud, and full-stack services from large-scale transformation to leveraging its strong IP portfolio including UST SmartOps, has helped it create value-driven outcomes for its clients and firmly anchor its Leadership position in the 2021 Zones ratings for HIA and RPA Services.” 

Zinnov recognizes UST as a digital transformation organization with a strong IP portfolio of proprietary Hyper Intelligent Automation solutions. These include:

UST SmartOps (which helps create custom workflows to suit personalized business needs with easy to use drag and drop functionality)

UST SmartVision (helps in transforming disparate data from structured & unstructured documents)

UST SmartOps AIOps (a product that transforms traditional IT Operations by bringing advanced AI-based monitoring, automated triaging & resolution, AI augmentation and self-healing capabilities)

UST SmartOps FinOps (a product to assist finance functions by automating document-centric processing via advanced document understanding capabilities paired with an expert-in-the loop process)

UST’s strategic approach to Automation includes UST SmartStart™, a unique 8–12-weeks consultation process that delivers a strategic blueprint and agile roadmap for clients’ Automation journey. 

UST SmartOps

UST SmartOps is an AI-powered Cognitive Automation Platform that learns and reimagines business processes while intelligently digitizing and compressing manual workflows. It delivers results across business and IT operations. Leading global companies partner with UST to support critical business processes like insurance claims processing, healthcare benefit planning, IT Operations, and financial operations.

The UST SmartOps Intelligent Automation platform enables organizations to enrich their Robotic Process Automation (RPA) with Intelligent Automation. It seamlessly integrates with existing RPA investments while also providing a native RPA capability, thus optimizing current investment while delivering maximum flexibility for future deployments. 

About Zinnov Zones

Zinnov Zones is an annual rating published by Zinnov which assesses Global Service Providers based on their competencies, capabilities, and market success. Since 2009, Zinnov Zones (previously known as GSPR – Global Service Provider Ratings) has become one of the most trusted reports globally, for both enterprises and Service Providers to better understand the vendor ecosystem across multiple domains such as Digital Transformation, ER&D Services, IOT, HIA, and Media and Entertainment.

This is the thirteenth consecutive year that Zinnov has assessed Service Providers for their ER&D capabilities. The detailed ratings and contact information of Service Providers are available at: https://zinnovzones.com/

About UST

For more than 22 years, UST has worked side by side with the world's best companies to make a real impact through transformation. Powered by technology, inspired by people, and led by our purpose, we partner with our clients from design to operation. Through our nimble approach, we identify their core challenges, and craft disruptive solutions that bring their vision to life. With deep domain expertise and a future-proof philosophy, we embed innovation and agility into our clients' organizations—delivering measurable value and lasting change across industries, and around the world. Together, with over 29,000 employees in 30 countries, we build for boundless impact—touching billions of lives in the process. Visit us at ust.com

DMI Finance Acquires A Controlling Interest In Appnit Technologies


DMI Finance Private Limited (“DMI”) today announced that it has acquired a controlling interest in Prepaid Payment Instruments (“PPI”) license holder, Appnit Technologies Private Limited (“Appnit”). Appnit will become a subsidiary of DMI Finance.

Appnit’s customer-facing brand Oxymoney provides services including various wallet services, money transfers, AePS, utility bill payments, and micro ATMs, through its distribution network across India. Oxymoney will be rolling out new wallet based pre-paid products including pre-paid cards and will be expanding its distribution network. Appnit holds a PPI license from the Reserve Bank of India.

Commenting on the acquisition, Shivashish Chatterjee, Co-founder and Joint MD, DMI Finance, said, “We are excited by the acquisition of Appnit. It provides us with a platform through which we can broaden both our customer base and product suite. A dedicated payments team allows us to continue to deliver innovative credit products in our quest to drive financial inclusion at scale across India.”

Adding further, Nitin Kapoor Co-Founder & CEO of Appnit said, “We are delighted to be part of the DMI Finance family – the strategic synergies are a significant boost to our journey to make cutting-edge financial products and services accessible to a wider customer base.”

GOQii To Launch Health Metaverse, Announces Investment From Animoca Brands


GOQii Inc. announced today that it has raised $10 million in an extended Series C Equity round of funding from Animoca Brands.

GOQii is a smart tech-enabled healthcare platform that brings together the entire preventive healthcare ecosystem to its users. GOQii’s offerings include fitness tracker, app, coaching, healthstore, insurance and many others. GOQii has been a pioneer in bringing evolving technologies in the field of preventive healthcare.

Animoca Brands is a global leader in gamification and blockchain with an extensive  portfolio of over 170 investments in NFT-related companies and decentralized projects contributing to building the open metaverse.

GOQii will collaborate with Animoca Brands and its ecosystem companies and projects to develop various offerings that leverage blockchain tokens and gamification in preventive healthcare.

GOQii’s metaverse ecosystem will be powered by a unique virtual token program, the Token. Consumers will receive the virtual token, which powers the GOQii metaverse ecosystem that incentivizes healthy behaviors and gamified fitness actions. These tokens can then be used to unlock products ,services, purchase NFTs, participate in special events and game modes,  and access curated and discounted health-focused goods, medical services and insurance products.

GOQii launched ‘GOQii Cash’ in 2018, a virtual rewards program for completing steps taken targets and other health goals. GOQii Cash can be redeemed at the GOQii Health Store for discounts. The GOQii Health Store is a healthcare marketplace with over 200 brands and 6,000+ products including supplements, ayurveda products, healthy snacks, fitness equipment and many other offerings from brands such as Kapiva, Sri Sri Tatvaa, TGL, Yoga Bar, Sleepy Owl, Neemans and others.

GOQii’s metaverse is committed to driving innovation within the healthcare industry, as the company seeks to address the complex challenges of healthcare accessibility and affordability. With the launch of India’s National Digital Health Mission, India is set to bring healthcare into the digital sphere, and GOQii’s metaverse is well poised to benefit consumers across the spectrum of healthcare requirements.

Vishal Gondal, Founder and CEO of GOQii, commented: “We are excited to onboard Animoca Brands to the GOQii journey. Animoca Brands is one of the most prestigious names when it comes to gamification and blockchain. Web 3.0 is going to change the way companies interact  with consumers. This investment from Animoca Brands and the close partnership will help GOQii bring best-of-class products to consumers and further keep them motivated to #betheforce in their journey of fitness.”

Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: “Animoca Brands is delighted to invest in GOQii and support its mission to make people healthier. GOQii has built a platform that leverages the power of gamification to make the preventive healthcare journey enjoyable for the masses, and we look forward to leveraging its synergies with OliveX and other companies in our portfolio.”

GOQii recently announced a $50 million Series C round which included participation from investors including Sumeru Ventures, Modality (Digality), 9 Unicorns, Venture Catalysts and others. The funding from Animoca Brands comes in the form of an extended Series C fund raising.

GOQii’s existing investors include Mitsui, funds managed by MegaDelta, DSG Consumer Partners, Galaxy Digital, Denlow Investment Trust, Edelweiss, Cheetah Mobile, GWC, Mr. Ratan Tata, Mr. Vijay Shekhar Sharma, Mr. Pravin Gandhi, Mr. Amit Singhal and others.

About GOQii

Founded in 2014 by serial entrepreneur and gaming guru, Vishal Gondal, GOQii is empowering consumers globally to lead healthier and better lives. GOQii’s smart-tech-enabled healthcare platform brings together the entire preventive healthcare ecosystem. Its Smart Health Ecosystem integrates tools for real-time personalized coaching, an explosive high-growth health e-commerce store, scheduling health check-ups, a health locker, and a unique ‘GOQii Cash’ program where healthy behavior is rewarded with cash discounts and insurance discounts based on health management data. Given the state of ‘Sickcare’ delivery infrastructure in India, the company strongly believes that preventive healthcare is the only viable, long-term, mass-market solution. As one of the official partners of the ‘Fit India Movement’ GOQii is a strong supporter of Prime Minister Mr. Narendra Modi’s vision of making 130 crore Indians fit and healthy. GOQii counts marquee investors like Mitsui, Megadelta, DSG Consumer Partners, Galaxy Digital, Denlow Investment Trust, Edelweiss, Cheetah Mobile, GWC, Mr. Ratan Tata, and Mr. Vijay Shekhar Sharma.

Numeric UPS Wins “Most Trusted Brands Of India” Award In Mumbai


* This is the 2nd edition of Most Trusted Brands of India by Team Marksmen

India’s leading UPS manufacturer and supplier, Numeric UPS won the “Most Trusted Brands of India 2022 award” at an event in Mumbai. The award was announced by Team Marksmen.  

Numeric was shortlisted on the following parameters: Corporate Citizenship, Trust Quotient, Business Resilience, Innovative Thinking, Digital Transformation, Stakeholder Capitalism and Sustainability Measures.  

On receiving the award, Mr Satpal Singh, CEO of Numeric said, “We are extremely delighted to be recognised as the ‘Most Trusted Brand of India.’ This is a real testimony to the smart solutions; our wide range of product offers for customers across scale and segments and the uninterrupted service that we have been providing over 3 decades to always ensure business continuity for our customers. We thank our customers and partners for the trust and confidence reposed in us.  This recognition is the result of passion and dedication of Numericans to consistently deliver the best service and solutions to our customers.” 

Currently, Numeric holds the market leader position in the single-phase UPS category with a client base spread across different domains like BFSI, government, telecom, healthcare, IT/ITES, data centres, process industries and others.  

Most Trusted Brands of India-2022 is an exclusive gathering of brands to celebrate their achievements over the past year and beyond, in addition to shining a light on what they mean for consumers at large, while highlighting insights and takeaways from their journey. These are the brands that have lived their values and brought to life the vision of a post-pandemic world in which the greater good is pursued. 

Photo caption: Mr Satpal Singh, CEO of Numeric (third from right) receiving the Most Trusted Brands of India-2022 from  Team Marksmen. 

About Numeric: 

Since 1984, Numeric has been enabling its clients to optimize their business with top notch power solutions that promise seamless and clean power with controlled environmental footprints. Defining Numeric’s vast support ecosystem are 2 world-class manufacturing units, 250+ accessible service locations and 900+ trained field technicians. Being ISO 9001:2015, ISO 14001:2015 and SA 8000:2008 OHSAS 18001:2007 certified fuels our credibility further. Being part of Legrand Group since 2012, Numeric is now truly a GLOCAL company – ‘global’ expertise with deep ‘local’ market knowledge. With this knowledge, Numeric has succeeded in building a credible clientele base spread across different domains like BFSI, Government, Telecom, Healthcare, IT/ITES, Datacentres, Process Industries and SOHO. Numeric has consistently been in the leadership position in the Single Phase UPS category for 29 consecutive years. (Source: Softdisk) 

Total Pageviews