Bangalore-Based Strata Launches First Ever Commercial Real Estate investment App

* Eyes 30% growth in NRI client base by offering robust platform for seamless investing in Indian CRE

In its bid to further democratize commercial real-estate as an asset class for Indians, Strata the country’s leading tech-enabled commercial real estate (CRE) investment platform, announced the launch of its mobile app. The platform will empower investors to seamlessly access and invest in any grade-A CRE asset listed on Strata’s platform and avail end-to-end asset management services instantly through an easy to use mobile app.

Strata has been on a constant pursuit towards make investing in high-yield, Grade-A commercial real estate accessible, transparent, and seamless for all its investors. Built with best-in-class tools the app will enable investors on Strata’s platform to effortlessly manage their investments across commercial properties in the country.

Designed for maximum speed and ease-of-use, the mobile app will enable its users to quickly search, filter, and browse every listing on Strata from the convenience of their smartphone or tablet. It will not only allow investors to evaluate properties but will offer end-to-end asset management services in terms of investing in new properties, exiting the current property and even checking on the updates of upcoming properties among others.

The app will also benefit the NRI audiences, who comprise a significant portion of Strata’s customer base. With the unique advantage of converting their foreign income into lucrative investment options in India, NRIs have been heavy investors in Indian real-estate, wherein the latter comprises for more than 70% of a typical NRI portfolio.

However investment in real-estate requires sound understanding of the industry scenario, property rates, expected growth among other factors. Owing to ambiguity around valuation and asset management, NRIs’ are forced to make investment decisions either on the premise of limited information or through their dependence on local agents whereby they end up being misled. With the launch of their app, Strata aims to engage with NRI investors and Indians working overseas more effectively while enabling them to evaluate, buy and monitor assets on real-time without any hassles and thereby helping them make informed decisions. By means of an accelerated engagement through the app the company is eyeing a 30% growth in its current NRI investor base.   

Commenting on the development, Sudarshan Lodha, Co-founder & CEO, Strata Property Management, said, “We have ceaselessly worked towards making the lucrative asset class of CRE accessible to India like never before and it has just got better with the launch of our all new mobile app. While a new investor on Strata’s platform can kick-start a seamless investment journey by browsing, evaluating and shortlisting feasible assets, our existing investors will be able to avail end-to-end asset management services in an instant and easy manner, thanks to the app.”

“Technology and customer centricity is at the heart of everything we do and with the aid of a mobile-first approach, Strata aims to offer a gamut of competitive services whereby investors are not just able to browse and evaluate assets but will be able to find alternative assets, match the specifications of a particular asset, besides investing and exiting all at the click of a button. The platform will thus create a cohesive customer journey offering superior user interface and an extremely convenient investment experience.”

The app will enable users to

* Browse latest investment opportunities listed by Strata

* Search by location anytime, anywhere to view listings and properties

* Remote investment in one or multiple assets listed

* Share listings with others via text, email, social media, or other apps

* Call or email Strata’s investment manager with one tap for an interesting listing

* Track and manage ongoing investments – portfolio management, monthly rent received, valuation reports, taxation certificate, total AUM etc.

Strata’s mobile app available for Android and iOS devices will thus make it easy for investors to manage their CRE asset portfolio while on the go.

Since its inception in November 2019, Strata has offered a suite of high quality, commercial assets such as office spaces, warehouses, and industrial facilities among others across the country. The company, today has an Asset under Management (AUM) worth 540+ crore, spanning across 2.5 million sq. ft. in cities such as Bengaluru, Hosur, Hyderabad, Mumbai, Chennai, Jaipur, etc. Strata recently launched its 15th asset and became the first Indian company to offer a consumer retail showroom space under fractional ownership.

In January 2022, Strata became the very first proptech company in the country to have crossed a significant threshold of 500 crores in Assets under Management (AUM).  The company which doubled its AUM from Rs. 240 crore to Rs. 500 crore in just 9 months also witnessed a massive jump of 300% in its investor base crossing 1500+, which comprises more than 30k+ active users. In the calendar year of 2021 Strata added INR 1 crore each day under its AUM, becoming the first and the only company in India of its kind.

The company is eyeing a host of asset classes such as industrial assets, office spaces, warehouses, data centres, hotels, hospitals, retail spaces, among others. The company is also eyeing sale & leaseback deals with large corporations on long-term leases.

Strata envisions to be the largest tech first alternative investment platform in the country for retail investors by enabling them to invest in CRE assets, by democratising assets and offering it on an easy-to-use online platform. Through its tech-enabled platform, Strata empowers retail investors across the globe to invest in specific commercial properties in a particular location of their choice whilst offering excellent yields.

Android :- https://play.google.com/store/apps/details?id=com.strataprop

Apple :- https://apps.apple.com/in/app/strataprop/id1604744823

About Strata Property Management

Strata is a tech-enabled commercial real estate investment platform that allows investors to own and sell units of pre-leased, Grade-A commercial properties such as office spaces, warehouses, industrial assets, etc. It is funded by marquee investors, Kotak Investment Advisors, Gruhas Proptech, Elevation Capital, Mayfield India, and others.

Sourcing Commercial Real Estate and offering it on an easy-to-use online platform, Strata aims to democratize CRE, making it accessible for a much larger investor base.

With its data driven asset selection and a single window platform to invest in assets across the country Strata brings in transparency, and ease of liquidity to CRE investments. Investors earn superior rental yields and can liquidate the investments whenever required. In a year’s time Strata has funded multiple assets amounting to an AUM of over 500 crore while also managing 80-90 Crores in asset management.

https://strataprop.com/

Medtronic Launches Pipeline Vantage Embolization Device With Shield Technology In India To Treat Brain Aneurysms

* Pipeline Embolization Device (PED) Warranty Program to define the standard of care for flow diversion treatment of brain aneurysms

India Medtronic Private Limited, a wholly owned subsidiary of Medtronic plc (NYSE:MDT) — a global leader in healthcare technology, today announced the launch of CE marked fourth-generation flow diverter, PipelineTM Vantage with Shield TechnologyTM for endovascular treatment of brain aneurysms. Pipeline™ Vantage with Shield Technology™ is a new flow diverter with enhanced design features to both the delivery system and implant. These features allow physicians to deliver, deploy and treat brain aneurysms, intracranial aneurysms with greater ease and reliability while providing a scaffold that promotes growth of cells in the inner lining of the target blood vessel. 

Cerebral or brain aneurysm is a condition where there is a ballooning or weakening of the inside wall of an artery in brain. As a result of weakening, the artery bulges out and can burst or rupture due to the pressure of the blood flow. Rupture of an aneurysm causes profuse internal bleeding, strokes, and even death. Aneurysm flow diversion is a minimally invasive treatment in which a device known as a neurovascular stent placed in the parent blood vessel of a brain aneurysm may divert blood flow away from the aneurysm. Over time, blood flow into the aneurysm may slow down, eventually ceasing to enter the aneurysm altogether. As the body’s natural healing process works with the flow diversion device, the blood vessel may heal, and the aneurysm may shrink.1-4.

Every year in India, around 76,000 to 200,000 cases of aneurysmal subarachnoid hemorrhage (SAH) are reported to have occurred. Since brain aneurysms are most prevalent between 35 and 60 years of age and about 40% of the ruptures are fatal, a great number of disability adjusted life years are lost.5 Advances in flow diversion over the last 10 years has helped to significantly reduce the rate of aneurysm rupture.6

“Since 2013, we’ve been disrupting aneurysm treatment, advancing the practice and raising the standard of care in India. Medtronic is consistently committed to bringing innovative technologies to India to improve quality of life for patients and ease of doing procedure for surgeons. Our newest PipelineTM Vantage Embolization Device comes with a one-of-its-kind warranty for device efficacy. With this, we hope to boost patient assurance on our offerings while encouraging flow diversion as a form of therapy for aneurysms,” said Rahul Arora, Director of Neurosciences Therapies, Medtronic India.

With the commitment to advance access to healthcare in India, Medtronic is also introducing a first-of-its-kind warranty program called the PED Warranty Program. Through the warranty program, patients treated with Medtronic’s Pipeline Embolization Device (Pipeline™ Flex Embolization Device with Shield Technology™/ Pipeline™ Vantage with Shield Technology™) will receive a warranty coverage.

Flow diversion therapy has lesser chances of reestablishment of blood flow into the occluded aneurysm than other modalities with comparable acute morbidity and mortality rates.7 The Pipeline™ embolization device is the most studied flow diverter worldwide with a proven safety and efficacy profile. 8,9 Medtronic’s fourth-generation PED Pipeline™ Vantage Embolization Device with Shield Technology™ has been designed keeping in mind the strong clinical evidence for flow diverters as a mode of treatment for aneurysms.

About Medtronic

Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people across 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.Medtronic.com and follow @Medtronic on Twitter and LinkedIn.

RFPIO Organizes Walkathon To Create Mental Health Awareness In Coimbatore

 A Holistic program to create mental health awareness among communities and improve overall well-being

RFPIO, the leading response management platform, has organized a walkathon on the 31st of May at Racecourse, Coimbatore insisting on the importance of overall wellbeing. Mental Health Awareness Month was originally established by the Mental Health America organization and is recognized during the month of May. There were a total of 35 participants in the Walkathon. By arranging the walkathon on the last day of the month, RFPIO aims to widen the attention and create mental health awareness among communities.

Mental Health Awareness Month helps people recognize the ways mental illness impacts their lives, educates people about available services, and highlights ways to advocate. Irrespective of whether or not someone personally suffers from a mental health issue, this initiative will help to eradicate the misconceptions and stigma surrounding mental health issues and increase access to healthcare for those who need it.

Commenting on this initiative, Mr. Ganesh Shankar, CEO & Co-Founder, RFPIO said, “Mental health awareness month has been observed since 1949, and the impacts and the after-effects of the pandemic have accelerated the need for creating awareness about mental wellbeing. RFPIO acknowledges the need for mental health awareness. We launched employee assistance programs offering a range of benefits to our employees starting with a 4-1/2-day work policy with Fridays being flexible to conducting online Yoga sessions for our employees during the challenging times.  By arranging the walkathon, we encouraged people to make this first step to reverse or overcome any mental hurdle they faced in their course of life.”

About RFPIO

RFPIO is the market leader in response management software, trusted by some of the world's smartest companies to support RFP and security questionnaire response, create and manage sales proposals, and resolve inefficiencies rooted in decentralized and inaccessible content and knowledge. The software's robust and bi-directional integrations, along with an open API, allow teams to digitally transform response management processes and to harness the power of the knowledge and content across their teams. RFPIO supports response management for growing organizations of all sizes including Google, Adobe, Atlassian, Microsoft, Tenable, Zoom Video and others. For more information, visit rfpio.com or follow @rfpioinc on Twitter.

Magnifi Joins The Online Video Platform - Brightcove Marketplace

* Integration with the leading video marketplace enables Magnifi to expand its global footprint and offer innovative video technology solutions to a larger audience

Magnifi (previously known as Toch AI) today announced its integration with the leading online video platform Brightcove Inc. (Nasdaq: BCOV). With distinct products revolutionizing how content is refined and consumed, Magnifi expands its global footprint and strengthens its industry position through the Brightcove Marketplace.

“We are delighted to be listed on the Brightcove Marketplace, which gives us the ability to deliver more capabilities and add more value to our joint customer base,” says Magnifi Co-Founder & CEO Vinayak Shrivastav. “We look forward to networking with a broad audience and showcasing our capabilities that help enterprises and individuals create impact and tell immersive stories across all media genres.”

Brightcove creates the world’s most reliable, scalable, and secure video technology solutions platform to help customers harness the incredible power of video while enabling businesses to discover, sell, engage and monetize video content effectively. The Brightcove Marketplace is where customers go, whether they’re looking to add specific capabilities to their Brightcove platform or just browsing for new ideas.

“Now, more than ever, organizations need to deliver compelling content to their viewers to increase engagement and views across platforms,” said Brightcove Vice President of Technology Partners and Integrations, Rajan Shah. “With Magnifi, Brightcove customers can easily clip content using AI to create videos to share on social media and web pages. The Magnifi integration provides our customers with another avenue to gain more value from their video content.”

Magnifi uses state-of-the-art technology that helps to process video content automatically and instantly, including meta-tagging, identifying key moments, and auto-producing social-ready content assets. Recently, Magnifi partnered with USA Cricket to enable fans to catch all the missed action and relive their best moments from the Dafabet USA vs. Ireland Men’s International Series 2021.

For more information: visit: https://magnifi.ai

About Magnifi (formerly Toch AI):

Magnifi – previously known as Toch AI – has found an extremely strong product-market fit in serving enterprises across numerous industries - OTT players, broadcasters, sports clubs and leagues, marketing agencies, e-gaming platforms, schools, colleges, and more. Magnifi is building the next-generation video editing ecosystem addressing a broad range of use cases in the post-production process. The company started its journey by generating instant key moments and auto short-sized clips leveraging computer vision and AI capabilities, the sliver in which it is the current tech leader. Magnifi today has offices in the U.S., Europe, Israel, and India and is expanding to Singapore and the Middle East by the end of this year.

About Brightcove

Brightcove creates the world’s most reliable, scalable, and secure video technology solutions to build a greater connection between companies and their audiences, no matter where they are or on which devices they consume content. In more than 80 countries, Brightcove’s intelligent video platform enables businesses to sell to customers more effectively, media leaders to stream and monetize content more reliably, and every organization to communicate with team members more powerfully. With two Technology and Engineering Emmy® Awards for innovation, uptime that consistently leads the industry, and unmatched scalability, we continuously push the boundaries of what video can do. Follow Brightcove on Twitter, LinkedIn, and Facebook. Visit www.brightcove.com. Brightcove. Video that means business™.

BenQ Launches GS50 - Full HD Smart Wireless Portable Splash Proof And Drop Protected Projector For Entertainment On The Go

BenQ, the No.1 Projector Brand in India, today announced the launch of its all-new projector GS50, the smart wireless portable projector with distinctive features like Full HD resolution, 2.1 - Channel Bluetooth Speakers with Extra Bass, Built-in Android TV, and a 2.5-hour built-in battery allowing customers to enjoy full-length feature films anytime anywhere. The GS50 is designed for the GenZ and millennials who are constantly on the go and are looking to bring video and audio content, wherever they go creating projection size up to 100 inches on any surface. It enables user to create high-quality video anywhere – be it tables, floors, walls or even ceilings. It doesn’t require any separate screen, all you have to do is just tilt it and enjoy big-screen moments anytime, anywhere, and change the way you enjoy content.

Engineered for lightweight durability, GS50 is ergonomically designed and despite its sleek form it has a powerful 30,000-hr long-life LED source and comes with an all in one easy-to-carry kit with flexible storage and partitions for your mobile, power bank, handheld game console, and more. A powerhouse of entertainment, GS50 offers versatile Cinema, Game, Sports, and Music Modes and is equipped with safety features like IPX2 splash water resistance and 2.3ft drop protection to preserve memories of family get-togethers with modern connected entertainment.

Speaking on the occasion Mr. Rajeev Singh, Managing Director, BenQ India, said, “BenQ is the No. 1 portable projector brand in India with over 50% market share as per Futuresource Consulting Report for Q1’22 and the launch of GS50 is to further cement BenQ’s position as the market leader and at the same time providing the best possible entertainment on the go beyond the limitations of space to our customers. The GS50 is an innovative addition to BenQ’s range of smart wireless portable projectors that complements the unique lifestyles of millennials and modern Indian families alike by providing meaningful all-in-one cinematic experiences by combining wireless Android TV streaming and powerful Bluetooth multichannel audio with high mobility and versatile connectivity.”

The GS50 offers endless content options and comes equipped with certified OTT platforms. It also allows mobile mirroring and casting features that are compatible with both Android and iOS mobile devices. The Android TV-enabled projector has a 3.5 mm audio port and can be connected to any external speakers.

The GS50 comes equipped with autofocus and 2D keystone features, offering breath-taking picture quality. 2D keystone allows the user to adjust the settings to adjust its screen to any flat surface at any angle, providing a perfectly proportional image every time. Autofocus lets the GS50 to automatically focus for a sharp, clear image up to 100-inch in seconds. Additionally, GS50 is also equipped with multiple connectivity options with an HDMI 2.0b port that supports HDCP 2.2, a USB Type-C port with DisplayPort Alt Mode, and a USB Type-A port.

BenQ’s GS50 will be exclusively available on Amazon at a special price of Rs. 79,990/- for a limited time period. The company offers complete peace of mind with a 2 Years warranty on the projector & 2 years or 2000 hours whichever is earlier on LED Lightsource.

Uniphore And CSS Corp Partner To Drive Conversational AI Innovation For Enhanced Customer Experience

CSS Corp, a global customer experience (CX) and technology provider, and Uniphore, a leader in Conversational Automation, have today announced a strategic partnership and agreement. This partnership will help businesses elevate their customer experiences proactively by analyzing customer conversations and ensuring they are truly heard and understood. It will also drive IT innovation in the contact center landscape by leveraging Uniphore’s industry-leading conversational AI technology and CSS Corp’s expertise in systems integration and implementation to develop next-gen value propositions for customers.

With over two decades of expertise in IT services, consulting, managed services, and enterprise and consumer technology support, CSS Corp has been leveraging key product and platform partnerships to deliver exceptional customer experiences. A leader in providing the most comprehensive, powerful, and business-friendly solutions, Uniphore combines conversational AI, computer vision, emotion and tonal analysis, workflow automation, in a single integrated platform to transform and democratize customer experiences across industries. CSS Corp’s domain expertise and market reach combined with Uniphore’s unique platform that detects customers’ emotions, sentiment, and intent, will transform how organizations optimize their service experience efficiently, and drive customer satisfaction and loyalty.

“Often, customer voices go unheard, sentiments get overlooked, and needs go unnoticed due to siloed interactions across different channels. To improve CX, organizations need to keep evolving their ways to find out what users think, feel, and want,” said Sid Victor, SVP, Sales and Solutions at CSS Corp.  “We are thrilled that this partnership brings together unique capabilities to arm businesses with new tools and technologies that offer personalized experiences to customers throughout their journey, starting from when they contact a company until their issue is resolved. We are confident that by leveraging new-age technologies, data-driven smart decision making, and offering unique value propositions for customers, we are well-positioned to disrupt the market.”

“With business models continuing to shift to remote work, customer experience has never been more important than today,” said Jafar Syed, SVP, Global Head of Channel, Strategic Alliances and Partnerships.  “Combining Uniphore’s industry-leading conversational AI technology with CSS Corp’s deep experience in enterprise and consumer technology support, is a winning recipe for driving the best customer experience for businesses across the globe.”

CSS Corp is also part of Uniphore’s Unite partner program. The program includes essential resources to support the partner lifecycle and allow them to leverage Uniphore’s best-of-breed, innovative technology to expand their portfolio and profitability.

About CSS Corp

CSS Corp is a global customer experience and technology services provider, disrupting the industry with a unique intersection of industry-leading proprietary solutions, resilient operations, and innovative business engagement models. The company is a digital transformation partner of choice for its clients, which include the world’s top innovators across industries, from mid-market players to large enterprises. Its diverse team of over 11,200 customer-centric thinkers, collaborators, and co-creators across 20 global locations is passionate about helping clients succeed through intelligent automation-led outcomes. To know more, please visit https://www.csscorp.com

This World Environment Day, Quest Global Pledges To Plant 500,000 Trees Globally By 2025

* Quest Global is celebrating its 25th anniversary by planting 25 trees on behalf of every employee

Quest Global, one of the world’s fastest growing engineering services firms, announced its Quest Global Pledge - a global reforestation drive.

The organization will plant 500,000 trees globally by 2025. As Quest Global turns 25 this year, the organization is honoring its commitment to sustainable development by planting 25 trees for each of its employees. The activity will commence from June 5, 2022 – World Environment Day.

The Quest Global Pledge is rooted in a multi-year partnership with One Tree Planted, an NGO on a mission to support global reforestation and make a positive social impact on the world. Through the partnership, the organization will not only ensure plantation of half a million trees, but will also see to it that the trees are native to their environments, and that they will be nurtured and monitored over time.

The project will have three phases until 2025; with phase one kicking off on World Environment Day on June 5 and concluding on Earth Day in 2023. 

Quest Global’s Chairman and CEO, Ajit Prabhu, said, “It’s simple. To make the planet habitable for future generations, preserving and expanding our forest cover is critical. We are in the business of engineering, but what we are really building is a brighter future. The Quest Global Pledge is our way of building a brighter future - by creating an environmental imprint that lasts for generations to come. And our association with One Tree Planted is just the beginning of this meaningful journey.”

Contributing to a better tomorrow and giving back to communities where we live and operate has always been part of the Quest Global DNA. As the organization marks its silver jubilee, the UN Environment Programme (UNEP) marks its golden one. The organization feels the coinciding of these anniversaries is a sign of promise. Therefore, Quest Global chose to coordinate the start of its pledge with UNEP’s World Environment Day, designed to raise awareness and advocate for effective environmental change.

“We all have a role to play in restoring and preserving the environment, and we admire Quest Global's dedication to being a force for good," says Matt Hill, Founder & Chief Environmental Evangelist at One Tree Planted. "Thanks to Quest Global's generous support, we're restoring forests, creating habitat for biodiversity, and making a positive social impact around the world.”

Reflecting the organization’s commitment to do their part in achieving environmental sustainability, the Quest Global Pledge is aligned with United Nations Sustainable Development Goals (UNSDG) Goal #15 Life on Land. The goal aims to protect, restore and promote sustainable use of terrestrial ecosystems and sustainably manage forests.