Thursday, December 22, 2022

Tata Motors Signs An MoU With Everest Fleet Private Limited For Delivering 5000 XPRES-T EVs


~As a part of this contract, 100 cars were handed over to the company for its cab services~

Keeping the vision of a clean & green environment alive, Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, today signed an MoU with Everest Fleet Private Limited for the delivery of 5000 XPRES-T EVs. Moving forward in its journey towards accelerating the transition to sustainable transportation, the company handed over 100 cars today, to mark this celebration.

Speaking on the occasion, Mr. Ramesh Dorairajan, Senior General Manager, Network Management and EV Sales, Tata Motors Passenger Vehicle Ltd. said, “We are delighted to associate with Everest Fleet Private Limited for the deployment of 5000 XPRES-T EVs electric sedans in their fleet. With enhanced safety, fast charging solution, a premium interior theme, and dynamic performance at an affordable price, the XPRES-T EV has created a new benchmark in India’s EV fleet segment with a market share of more than 90%. Through such partnerships, we are successfully moving towards enhancing EV adoption in India, thereby helping the country #EvolveToElectric.”

According to Mr. Siddharth Ladsariya, Founder, Everest Fleet Private Limited, “Everest Fleet is a purpose-led organisation with a deep focus on sustainable mobility solutions. At Everest Fleet, we are paving the way for a better India, one kilometer at a time. Time has come to now take our 100% CNG cars' fleet towards a greener and cleaner alternative - Electric Vehicle. We are really looking forward for this EV journey together with Tata Motors as a strategic partner.”

In July 2021, Tata Motors launched the ‘XPRES’ brand exclusively for fleet customers, and the XPRES-T EV is the first vehicle under this brand. The new XPRES-T electric sedan comes with 2 range options – 213km and 165km (ARAI certified range under test conditions). It packs a high energy density battery of 21.5 kWh and 16.5 kWh and be charged from 0- 80% in 90 mins and 110 mins, respectively, using fast charging or can also be normally charged from any 15 A plug point, which is easily available and convenient. It comes with zero tail-pipe emission, single speed automatic transmission, dual airbags, and ABS with EBD as standard across variants. The premium black theme interior with standard automatic climate control and Electric Blue accents across its interior and exterior will give it a differentiated presence from other Tata cars.

Tata Motors has been revolutionizing the Indian automotive market with its pioneering efforts and is leading the e-mobility wave in India with a commanding market share of 87% in FY’22 and over 50,000 Tata EVs rolled out from the plant to date in the personal and fleet segment. Furthermore, in an effort to make EVs even more accessible to all, Tata Motors is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata Auto Components, Tata Motors Finance, and Croma, to contribute to the faster adoption of EVs in India through its EV ecosystem called the ‘Tata uniEVerse’.

For more information on the product, visit – https://xprest.tatamotors.com/electric/

Bangalore Among Top 3 India Cities With Highest Crypto Adoption


India’s Portfolio 2022, an annual investor report by CoinSwitch, also show Bitcoin, the largest crypto asset by market capitalization, continue to be the most popular coin for retail investors in 2022.

Bangalore among top 3 India cities with the highest crypto adoption in India, measured in terms of value invested, an annual investor report by CoinSwitch, India’s largest crypto investing platform with over 19 million registered users.

The report, India’s Portfolio 2022, published on Wednesday, analyses the actual investing patterns of India’s crypto users, providing an insight into how the country responded to a year of rising inflation, market downturns, and landmark events such as the Ethereum Merge, the company said.

Highlights from India’s Portfolio 2022:

* Metros with the highest crypto adoption: Delhi, Bangalore, Hyderabad

* Tier-2 cities with the highest crypto adoption: Jaipur, Lucknow, Pune

* Coins that India holds the most: Bitcoin, Dogecoin, Ethereum

* Share of women crypto investors in India: 7%

“2022 has had its share of economic, geopolitical, and market difficulties. It is important to understand how India’s investors responded to the changed circumstances. Did they diversify their portfolio? Were they reactive? India’s Portfolio 2022 provides a comprehensive and quantitative analysis of the investing patterns India followed in the year,” said Ashish Singhal, CEO and Co-Founder, CoinSwitch.

A unique insight from the report was that investing patterns followed by men and women were largely similar in India, though at 7%, women represent a small albeit growing pie of India’s crypto investors.

“At CoinSwitch, our mission is to make money equal for all—to give every Indian an equal opportunity to invest and create wealth. That India’s men and women follow broadly the same investing pattern shows we are on the right path: There is no information asymmetry; access to knowledge and tools to make wise investment decisions are equal for everyone on CoinSwitch,” Singhal added.

CRE8 or Crypto Rupee Index (CRE8) is India’s first benchmark index to measure the performance of the Indian Rupee-based crypto market. CRE8 comprises the top eight crypto assets with over 85% of the total market capitalization, and includes bitcoin and Ethereum. Decentralized Finance or DeFi utility tokens include Maker (MKR) and Sushi (SUSHI). Metaverse coins include Decentraland (MANA) and Axie Infinity (AXS). Ethereum Alternatives are Cardano (ADA), Cosmos (ATOM), Solana (SOL), among others. Shiba Inu and Dogecoin are Meme coins.

About CoinSwitch

CoinSwitch is on a mission to Make Money Equal for All. India’s largest Crypto investing app and a Great Place to Work®, CoinSwitch is creating an ecosystem that simplifies Crypto and is trusted by over 19 million registered users. Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue-chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital India, Ribbit Capital, Paradigm, and Coinbase Ventures, the company is evolving into a wealth-tech destination for every Indian. For more information, visit: www.coinswitch.co

Blackberrys, India’s Leading Premium Menswear Brand Enters Nepal


Nepal:Blackberrys - India’s Leading Menswear Brand with a legacy of 30+ years of existence in partnering Men in their success journey, is now all set to enter the Nepal market.  Blackberrys held a grand opening press conference announcing the launch of two new stores Durbarmarg and Civil Mall  . The event marked the celebration of this special moment and was honoured by the presence of the Corporate Icon of Nepal, Anil Keshary Shah

Spread across 2000 sqft and 2700 sqft, both stores offer a wide assortment of Blackberrys range across suits, jackets, formalwear, casual wear, ethnic wear, footwear, accessories and much more.

The event also saw the unveiling of the season’s new arrivals for every occasion and to celebrate new beginnings. The new stores will showcase Blackberrys newest range of wedding collection, which is tailored to make men look impeccable and leave a lasting impression on their special days.  The exclusive range of suits, tuxedos, blazers, and ethnic wear is the perfect blend of sophistication and modernity. With a wide range of colors, fabrics, and styles to choose from, we have something for everyone – whether you're an ethnic wear enthusiast or a western lover. From two-piece and three-piece suits to bandhgalas and jackets, the range has something for every occasion.

From formal wear like trousers, suits, jackets and blazers, the brand also offers semi-formal and casualwear offerings such as khakis, shirts, denim, T-shirts and innerwear, and even shoes and accessories.  The store also offers Brand’s newest category, Tech-Pro, an all-new range which offers unrestricted movement that keeps men effortlessly stylish and comfortable through its stretchability, smarty dry and wrinkle resistant features

With the launch of its two stores in Nepal, Blackberrys is poised to become one of the leading Menswear brands in the country.

Speaking about the occasion, Mr. Nitin Mohan, Co-founder & Director – Blackberrys said, “We are excited to announce the launch of our new stores in Nepal. Blackberrys is committed to partnering Men to be loved by all and our new stores will truly enable this journey to make men look sharp & confident. Our consumers’ consider us as their ‘fit-experts’ as our products offer the perfect fit which have been loved for over three decades in India. Also, our customer-centric approach, unparalleled store experience make us unique and we are confident that our new stores will provide Nepal with world-class products and experience”.

The expansion into Nepal is a natural extension of Blackberrys' growth strategy. With two strong store openings in key locations, Blackberrys is well-positioned to capture a significant share of the growing menswear market in Nepal.

About Blackberrys

It has been 30 years since the brand's humble beginnings in the narrow streets of ChandniChowk, Delhi - 6. Since then, Blackberrys has risen by leaps and bounds to successfully redefine men's fashion.

The brand has adapted, evolved and innovated with the times to provide the best wardrobe choice for Men. Blackberrys identity ‘ the rising firebird’ symbolizes its role as the catalyst for success, fitting perfectly into the role of every man's partner in rising, as he sprints towards his ambitions with a burning desire to keep winning. The brand encourages its customers to celebrate new beginnings, break new grounds and stretch their wings along with the new tagline "Keep Rising".

With its deep understanding of modern Men, the brand promises to enable its consumer in writing his unique success story while keeping his look immaculately sharp and stylish. From formal wear like trousers, suits, jackets and blazers, the brand later added semi-formal and casual offerings such as khakis, shirts, denim, T-shirts and innerwear, and even shoes and accessories.

NITIN MOHAN, CO-FOUNDER AND DIRECTOR

Mr. Mohan hails from a family with a proud history of over 130 years in the clothing industry and is connected with Sri Ram & Sons. Growing up around various kinds of fabrics piqued his interest in exploring the world of garments. An alumnus of the National Institute of Fashion Technology Delhi, Mohan specialised in Garment & Textile Manufacturing.

In 1991, Nitin Mohan co-founded Blackberrys, India's leading men's fashion brand, along with his brother Mr. Nikhil Mohan. Today, more than 30 years after its inception, Blackberrys is set to rewrite the Menswear fashion industry in Nepal.

One of the reasons for its rising success is that he believes in delivering product excellence and to actualize that belief, he actively drives the operation strategy of the brand - right from the crafting of the product, to designing strategy, to ensuring smooth supply chain management. His active involvement is the reason the brand could progress from wholesale to retail, and finally, to the leading men's fashion brand it is today. The measure of his success is realized in his roles as an entrepreneur and a visionary. The Mohan brothers are committed to giving back through the multiple centres they have established under the Mohan Clothing Pvt. Ltd. roof, including NayiUmang in association with Sakshi -NGO, Pardada - Pardadi Educational Society. He is an avid traveller who loves spending time outdoors and is passionate about biking

5G In Healthcare: Airtel, Apollo Hospitals, AWS Carry Out India’s First 5G Driven, Artificial Intelligence Guided Colonoscopy Trial


Bharti Airtel, India’s premier communications solutions provider and Apollo Hospitals, Asia’s foremost trusted integrated healthcare group today announced that they have carried out India’s first 5G driven, Artificial Intelligence (AI) guided Colonoscopy trial.

The trial was conducted using AI on Airtel’s 5G technology with ultra-low latency and high processing capabilities as a result of which the colon cancer got detected much faster and with greater accuracy. HealthNet Global, AWS and Avesha are the other three companies that collaborated in this trial.

As a result of AI guided colonoscopy procedure, the image processing happened in real time without any lag even when the physician moved the scope through the colon for it to be overlaid on top of the right element of the colon. The advent of this technology enables an “extra pair of eyes” for physicians and improves the detection rate of polyps, thus saving lives and vastly improving patient care. The data was processed by Avesha edge inferencing applications on AWS platforms on a real time resulting in much faster analysis. AI assisted Colonoscopy Polyp Detection trial will help doctors to improve quality of patient care, improve accuracy of detection rates by capturing information correctly and reducing errors. 5G, Edge computing and Artificial Intelligence can significantly improve patient outcomes by assisting in proper and timely diagnoses.

As per current protocol, colon cancer is detected through colonoscopy procedure which is manual and requires great attention and time from medical practitioners for accurate detection. Currently, the procedure is performed using a device comprising of flexible tube with light, camera and tools at one end, which are used to extract samples to identify an infected polyp. Not only is the procedure long, its discomforting for patients and for the doctors and nurses who perform the procedure which takes around 30 to 40 minutes.

Speaking about the trial, Ajay Chitkara, CEO and Director, Airtel Business said “Ultra-fast, low latency 5G networks will transform the Healthcare sector in the country. At Airtel, we are geared up to lead this transformation and have demonstrated this by conducting India’s first colonoscopy trials. Healthcare is one of the most promising use cases for 5G, and we are delighted to collaborate Apollo Hospitals, AWS, HealthNet Global and Avesha. This is just the beginning, and I am certain we will bring many more innovative use cases that will help redefine healthcare in the country."

“By augmenting doctor's ability to detect, AI has been proved to improve physician’s accuracy. Early detection and removal of polyps can easily avoid them becoming cancerous. Apollo has always been a fore runner in adoption of technology. Our patient centric approach keeps us on an outlook for technologies which can make outcomes better.” said Dr. Sangita Reddy, Joint Managing Director, Apollo Hospitals Group.

Vaishali Kasture, Head - Enterprise, Mid-Market & Global Businesses, India & South Asia – AWS India (Amazon Web Services India P Ltd) said “5G and edge technologies offer high speed and real-time data analysis that can help transform the delivery of healthcare. AI inference provides better insight and information to healthcare professionals to predict, diagnose, and treat patients more effectively. We are delighted to collaborate with Airtel and Apollo hospitals to bring AI-powered solutions with an aim to improve patient experience and healthcare service quality.”

Colonoscopy procedures for early detection and prevention of cancers is being advised for all men and women above 45 years of age. In India, where the target population is large in terms of numbers, solutions built on 5G and AI are key to assist doctors to bring quality care to the maximum population

About Bharti Airtel: Headquartered in India, Airtel is a global communications solutions provider with over 500 Mn customers in 17 countries across South Asia and Africa. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel’s retail portfolio includes high speed 4G/5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data centre services, cyber security, IoT, Ad Tech and CPaaS (Airtel IQ).

For more details visit www.airtel.com

About Apollo Hospitals: Apollo revolutionized healthcare when Dr Prathap Reddy opened our first hospital in Chennai in 1983. Today Apollo is the world’s largest vertically integrated healthcare platform serving over 200 million patients through 10,000 beds across 71 hospitals, 5,000 pharmacies and over 400 clinics and diagnostic centers as well as 150 telemedicine centers. It is the world’s leading cardiac center with over 160,000 surgeries and the world’s largest private cancer care provider. Apollo continues to invest in research to bring the most cutting-edge technologies, equipment and treatment protocols to ensure our patients have the best available care in the world. Our 100,000 employees are dedicated to bringing you the best care on earth and leaving the world better than we found it. 

Mr.Milkman By EverAg Reports An Increment of 12% In Its Milk Throughput This Year Compared To 2021


-       Among its top-selling value-added products are bread and buttermilk at 125% and 135% and coconut water at 300%

Mr.Milkman by EverAg, India’s leading SaaS platform empowering 125+ dairy players and milk brands with customer subscriptions and deliveries, has reported an increment of 12% in its milk throughput in 2022 compared to 2021. Last year, from January to December, the company facilitated the sale of milk worth INR117 Crores through its platform while, this year till December, they will be touching INR 130 crores.

Apart from milk, the top-selling value-added products for their clients have been bread and buttermilk, followed by ghee, dahi (yogurt), paneer, butter, and cheese.

Compared to 2021, Mr.Milkman by EverAg has reported an incremental jump in the sale of bread and buttermilk on their platform, which grew by 125% & 135%, respectively. Furthermore, the sale of ghee increased by 22.44%, dahi by 40%, paneer by 9.27%, butter by 29.10%, and cheese by 15.55%. With this Mr.Milkman records its highest sales recorded on its platform, post-pandemic.

Not only dairy products but the demand for coconut water also increased on the platform phenomenally this year. In 2021, the platform recorded a sale of INR 46.50 Lac worth of coconut water across India, and this year they have already accounted for INR 1.86 Cr, registering a jump of almost 300%.

“In the last two years, there was a significant drop in the consumption from higher-value dairy products to lower-value products across India. But this year has been good. Our revenues have gone up significantly. That is also because we invested heavily in upgrading our application to offer our customers a more dynamic user experience. In 2023, we will introduce new solutions to our software products.” Says the company’s Co-Founder & CEO, Samarth Setia.

Mr. Milkman by EverAg is one of the largest dairy tech player in India, having more than 100,000+ subscribers on their app today. From the farm to the end consumer, the real-time analytics platform easily tracks all sales data, provides a complete performance overview, and enables informed business decisions.

Auckland University of Technology Strengthens Partnership With IIT Madras And Signs New MOU of Partnership With IIT Hyderabad


Auckland University of Technology (AUT), New Zealand has signed a Memorandum of Understanding (MOU) with Indian Institute of Technology, Hyderabad (IIT-Hyderabad) to facilitate and promote cooperation between AUT and IITH through a joint research in disciplines of mutual interest.

This is to be noted that AUT is the first New Zealand university to have an existing collaboration with IIT Madras and again becomes the first New Zealand university to sign a MOU with IIT Hyderabad.

Speaking at the occasion of the signing ceremony in Hyderabad, Professor Guy Littlefair- the Pro Vice Chancellor International and the Dean of Design and Creative Technologies at AUT said “I have had a personal connection with IIT Hyderabad since 2014 and through this partnership there will be wonderful opportunities for students on both sides as well as faculty to collaborate on research platforms. Today, we signed a new MOU setting the bar even higher for our joint aspirations to form the strongest of strategic alliances. It’s an honour and privilege to be associated for so many years and I look forward to delivering significant outcomes from these partnerships”.

This was endorsed by Professor Tarun K. Panda , Dean of International Relations at IIT Hydearabad who said, “Today, i.e., 20.12.22 IITH & AUT signed a Memorandum of Understanding (MOU) on cooperation and commitment to share the goal of developing both the universities on a global network collaboration. I wish this MoU would promote and expose its members, faculty and students to the realities of international practices, providing them a subsequent platform as well as exchange in knowledge between the two organization". 

The Memorandum of Understanding was signed in Hyderabad on 20th December 2022 in the presence of Dean from IIT Hyderabad and Pro Vice Chancellor International of AUT, New Zealand.

Recently, Professor Guy Littlefair, the PVCI of AUT re-visited IIT Madras campus on 19th December 2022 to discuss the status of MOU signed in 2020 with IITM and to build strategies on further course of action in progress of this partnership. The students at IIT Madras were extremely delighted to interact with Professor Guy and discussed PHD and Post doctorate opportunities available at international level.

Professor Guy Littlefair shares a long association with India since 1992 and wants to build up close and strategic collaboration with top technical institutions of India and AUT, New Zealand.

About the University

Auckland University of Technology (AUT) has been officially recognized as the second highest ranked university overall in New Zealand by 2023 Times Higher Education (THE) University Rankings, and in the world’s top 300 and consistently ranked #1 in New Zealand for International Outlook and Global research Impact. AUT offers over 250 programmes, 2,200 academic staff, and more than 100,000 alumni all over the world.

adidas India Partners With Bangalore-Based Club - South United Football Club To Support & Help Drive The Sport At The Grassroot Level


* adidas sponsors SUFC for its upcoming A Division tournament

With the conclusion of arguably one of the greatest FIFA World Cups of all time, adidas, the leading sportswear brand is using this opportunity to promote football and build the sport in India.

The brand, who has been associated with FIFA for multiple decades, has joined hands with South United Football Club (SUFC), a Bangalore-based club to support & help drive the sport at the grassroot level.

Through an all-apparel deal with SUFC for the A Division tournament, adidas continues to support budding talent through its best-in-class performance product range.

Founded in 2012, SUFC has dedicated itself to carving pathways for youth in professional sports. The club has three Elite Youth Teams in the Under-13, Under-15, and Under-18 categories, men's senior team and is soon going to introduce its first-ever women’s football team. By collaborating with adidas, SUFC aims to recognize young talents and create an integrated community for football

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