Friday, January 6, 2023

MMTC-PAMP Unveils The Perfect Gift For This Wedding Season; 999.9 Purest Gold & Silver, King And Queen Coins Now Available In Bengaluru



·         The 999.9 purest gold & silver coins come with intricately defined and designed etchings of symbols of royalty and are available at Simha Jeweller and Mythri My Jewel in Bengaluru

·         You can now buy the traditional guinea (8gm gold & 20g/50g silver) is the perfect wedding gift for your loved ones

Celebrating and honoring India’s rich and traditional history, MMTC-PAMP, India’s only London Bullion Market Association (LBMA) Good Delivery gold & silver refinery, has introduced its special edition of exquisitely crafted 999.9 purity gold and silver coins which feature 3D embossed King & Queen designs. Gifting a 'Guinea' has been a tradition in India and is predominantly associated with Indian weddings, the parents give the coins to immediate family members and guests. These coins are a symbol of blessings and are a commemorative gifting option this wedding season. 

The coins feature high relief portrayals of a King and Queen on a mirror-finished coin and are now available at Simha Jeweller and Mythri My Jewel known across Bengaluru for their wide range of jewelry and high standards of quality in gold and silver products. Celebrating the rich and diverse history of India, these coins are exquisitely crafted with Swiss Craftsmanship and etched with the faces of royalty from across cultures.

Speaking on the launch, Vikas Singh, Managing Director and CEO, MMTC-PAMP said, "At MMTC-PAMP, we continuously strive to promote and embrace the rich culture of India, therefore this wedding season we bring special edition Vivaah gold & silver coins for our customers. The King & Queen coins are crafted to the highest standards using the latest Swiss technology to meet the requirements of Indian consumers. These coins come in specialized packaging making them ideal for gifting and blessing for your loved ones with the purity of 999.9.”

Indians have always had a glittering love affair with gold and silver. These coins have been crafted to cater to the ever-rising demands of the consumers. Gifting gold & silver coins are usual but gifting MMTC-PAMP coins adds an extra edge over other available coins.

To ensure the product’s authenticity, each MMTC-PAMP product carries a unique number and comes packaged in a certicard with the signature of an Assayer. Each gold and silver product bought from MMTC-PAMP offers positive weight and purity balance, which guarantees that every coin or bar you buy weighs more than the listed weight, ensuring customers get the highest value for their investment.

All products come with MMTC-PAMP’s stamp of authenticity and deliver on the promise of 999.9 + purity and are crafted to the highest standards using the latest Swiss technology. The products are also available at shop.mmtcpamp.com.

About MMTC PAMP: A joint venture between Switzerland-based bullion brand, PAMP SA, and MMTC Ltd, a Government of India Undertaking, MMTC-PAMP seamlessly marries Swiss excellence with Indian insights. MMTC-PAMP India Pvt. Ltd. is internationally recognized as an industry leader in bringing global standards of excellence to the Indian precious metals industry. We have received several awards since our inception from local and global industry bodies for the transparency and sustainability that we rigorously uphold in our sourcing, refining and supply of precious metals in the Indian market. MMTC-PAMP is the only LBMA-accredited Gold & Silver refinery in India and is accepted across global commodity exchanges and central banks. 

Nikon Is Developing The NIKKOR Z 85mm f/1.2 S And NIKKOR Z 26mm f/2.8


* The latest lenses for the Nikon Z mount system will be a fast mid-telephoto prime lens and a slim wide-angle prime lens

* *The Appearance of the actual products may differ from the photos shown above.

Nikon India Private Ltd. is pleased to announce the development of the NIKKOR Z 85mm f/1.2 S, a fast mid-telephoto prime lens, and the NIKKOR Z 26mm f/2.8, a slim wide-angle prime lens, for the full-frame/FX-format mirrorless cameras for which the Nikon Z mount has been adopted.

The NIKKOR Z 85mm f/1.2 S is part of the S-Line* NIKKOR Z lens series, and realises both superior rendering performance and large, and beautiful bokeh. It expands possibilities for users capturing portraits in areas such as weddings and fashion.

The NIKKOR Z 26mm f/2.8 achieves outstanding slimness and lightness, as well as high rendering performance, making it an ideal lens for advanced amateur photographers who take their camera everywhere so as not to miss a moment.

Nikon will continue to pursue a new dimension in optical performance while meeting users' needs, contributing to the development of imaging culture, with the hope of expanding possibilities for imaging expression.

* The S-Line is a grade of NIKKOR Z lenses that demonstrate outstanding optical performance, adhering to a high standard of design principles and quality control.

About Nikon India

Nikon India distributes, markets and services the complete range of Nikon imaging products, Nikon Sport Optics and Nikon Biological range of Microscopes. The Nikon Imaging includes Nikon Mirrorless Z series, Nikon D-SLR, the Nikon COOLPIX and range of NIKKOR lenses & accessories. Nikon India operations also includes the sales, services, and application support for Nikon Biological range of Microscopes and its accessories. Headquartered in Gurgaon, Nikon has branch offices in Mumbai, Kolkata, Bengaluru and Delhi. Nikon India has total of five Nikon owned Service Centers (4 Branches and 1 Headquarter), 23 ASCs (authorized service centers), 14 Nikon Collection Centers and over 1500 dealer base for complete service & support for Nikon customers. Nikon has also set up 140 Experience zones pan India which showcases the entire range of Nikon Mirrorless series, D-SLR cameras, COOLPIX cameras and an elaborate range of NIKKOR lenses, Nikon Sport Optics and accessories.

For more information, visit www.nikon.co.in or discover the Z series mirrorless camera system and experience new possibilities here http://nikn.ly/Zseries_IN.  

Thursday, January 5, 2023

Bengaluru, Chennai, Pune, Hyderabad And Mumbai Emerge “Top Five Cities For Women” In India, Reports Avtar


* Only 10 state capitals feature in Avtar's Top cities for women in India list 

* National Capital, not among top 10 cities for women 

* Stringent measures needed in cities with lower social inclusion ranking than Industrial inclusion ranking 

Avtar group, India’s pioneers in Diversity, Equity, and Inclusion (DEI), released the ”Top Cities for Women in India” report today. The report which is the culmination of a year-long exercise, is an algorithmic assimilation of data from over 200 sources including current ease of living index, PLFS, national census, crime records, NFHS, Ministry of Women & Child Development’s annual report, the IMF, as well as Avtar’s primary research with employer organizations and women, to arrive at a comprehensive City Inclusion Score®. Chennai, Pune, Bengaluru, Hyderabad, and Mumbai have emerged as Top Cities for Women in India with their City Inclusion Scores above 60.  

The City Inclusion Score is a composite of Social Inclusion Score (SIS) and Industrial Inclusion Store (IIS). The Social Inclusion Score (SIS) comprises social factors (quality of life, women’s safety, women’s representation in the workforce and women’s empowerment initiatives) that influence the city to be women friendly. Industrial Inclusion Score (IIS) evaluates the extent to which organisations in the city across industries are inclusive of women. The IIS is based on three indicators – inclusive organisations, inclusive industries, and career enablers.   

Inclusive organizations are defined as organizations that pursue Diversity, Equity and Inclusion as a strategic priority. Here, leaders are vocal advocates of DEI and there is a strong culture of allyship. Women leaders inspire women along the talent pipeline to advance in their careers, intentionally.  

Career enablers (as defined by Avtar’s career enabler framework, devised in 2015 and updated each year through primary research) refers to aspects such as mentoring, skill building and Employee Resource Groups (for career progression) and flexible work arrangements, child-care support, and elder care support for managing work-life challenges. 

The United Nations (UN) has defined women-friendly cities as those that provide women the access to health, education, employment opportunities, comprehensive urban, social services, and a safe environment. Women-friendly cities are also defined as those where local governments are conscious of women’s issues and perspectives in their planning and decision-making processes. In essence, women friendly cities are those cities where all the residents of that city can equally benefit from the financial, social, and political opportunities presented before them. 

The report provides a list of 111 cities for women in India based on their inclusivity parameters towards nurturing a conducive ecosystem for women’s employment. The first-of-its-kind study reports the indices for identifying Top cities for women in India, with indicators for governmental agencies and policy making forums to make cities more conducive for increased women’s workforce participation. The insights from the report are meant to aid corporates to engage with stakeholders to work hand-in-hand in creating enabling ecosystems for women talent to rise to its fullest potential.  

According to Avtar’s Top Cities for Women in India report, only nine out of the 111 cities have scored above 50 in their City Inclusion Scores. The capital cities of many states do not feature in the top 25 spots. While state capitals receive a lot of attention – politically, socio-economically, environmentally, and developmentally, their absence in the top 25 necessitates a deeper probe from the side of policy makers to understand the barriers faced by the state capitals in being inclusive for women professionals.   

Cities like Delhi, Nagpur, Aurangabad, and Faridabad have a social inclusion ranking which is lower than the industrial inclusion ranking. Whereas cities like Puducherry, Vishakhapatnam, Surat, and Bilaspur have a high social inclusion score with a low industrial inclusion ranking. Cities with high social inclusion score – which refer to the extent of safety, women-oriented initiatives, and a general sense of ability to live and raise families (which are critical to women) have good potential for corporates to expand and set up operations here thereby attracting a larger pool of diverse talent.  

As per the Top cities for Women in India report  

8 Tamil Nadu Cities were among Top 10 Cities for Women in India in both the categories  

Kerala emerged on top in the State Averages of City Inclusion Score  

The national capital of Delhi secured 30 points less than the top city and ranked 14th in the population of over a million category.   

Cities in south India dominate the top cities for women in India.  

Comparing average scores for each region, Southern region emerges on top closely followed by the West.  

Speaking at the launch of the study, Dr. Saundarya Rajesh, Founder – President, Avtar Group said, “The fact that the South and West regions are more women-friendly in terms of employment is not a surprise, given the politico-historic context of these regions. The rise of cities like Hubli, Nagpur, Ahmedabad, and Coimbatore as promising hubs of women’s employment, due to their high Industrial  

Inclusion scores is very heartening. Metros like Delhi and Kolkata have fallen behind in terms of social inclusion due to lower standards of safety and poor enablers for women to pursue employment” 

The study which apart from indexed scores, also factored in the steps taken by states and cities in empowering women during the last one year, highlighted the key inclusion measures that are required for increasing women’s workforce participation. The report, the very first such national effort in bringing a data driven and evidence-based understanding of the current state of city ethos towards women’s inclusion, also outlined the importance of transforming cities as spaces that can be freely navigated by women to pursue career and economic self-sufficiency goals.  

Referring to the critical role played by city infrastructure in influencing women’s careers, Dr. Saundarya said, “We are very excited about the possibilities to increase women’s employment being offered by cities like Vishakapatnam, Madurai and Vadodara, which are growing centers of both industrial activity and social development. As rightly called out by our Prime Minister, to reap the benefits of the fourth industrial revolution we must enable more women in workplaces, especially in the growing industries. It is imperative that we look at the problem of low representation of women in India as not only something to be solved by corporates, but also as a goal for the state. With India’s urban infrastructure needs set to cross over $840 billion (World Bank report), with an annual investment of over $55 billion, here is a powerful call to ensure that this investment takes into account the burgeoning expectations of women to play a significant role in the economy” 

While technical training and upskilling can powerfully contribute to young women obtaining office/factory-based jobs in cities to attain economic independence and social autonomy, a sustainable ecosystem that eliminates infrastructure barriers is an indisputable catalyst towards development. Added Dr. Saundarya, “The Top Cities report, which will be an annual effort that will use tools such as sentiment analysis, opinion mining and other big data analytics, will continue to be a conscientious call to action for governmental and organisational stakeholders on how they can contribute towards improving women’s participation in economic activity. This in turn will lead to the rapid economic development of the country.” 

Key findings of Top cities for Women in India report 

Chennai, Pune, Bengaluru, Hyderabad, Mumbai, Ahmedabad, Vishakhapatnam, Kolkata, Coimbatore, and Madurai are the top 10 cities in category 1 – Top 25 cities with a population of more than one million.  

Tiruchirappalli, Vellore, Erode, Salem, Tirupur, Puducherry, Shimla, Mangalore, Thiruvananthapuram, and Belagavi are the top 10 cities in category 2 – Top 25 cities with a population of less than one million.  

In the northern region, the top three cities are Delhi, Srinagar, and Amritsar  

In the southern region, the top three slots are taken by Chennai, Bengaluru, and Hyderabad  

In the eastern region, Kolkata is at the top slot, followed by Dhanbad and Patna.  

In the western region, Pune, Mumbai, and Ahmedabad secure first, second and third places respectively.  

Raipur, Indore, and Bhopal secure the first, second and third places respectively in the Central region.  

Kerala, Tamil Nadu, Maharashtra, Himachal Pradesh, and Karnataka have the top 5 state averages in the country.  

Please find the Viewport 2022- Top Cities for Women in India link here: https://avtarinc.com/resources/reports/top-cities-for-women-in-india/ 

Finolex Cables Launches “Crease Free Iron Range” To Enter Domestic Appliances Market


~Range extends from 750W to 1600W across different consumer segments~ 

Finolex Cables Limited, India’s leading manufacturer of electrical and communication cables announced that it has entered the small domestic appliances market with the launch of “Crease Free Iron Range” across different consumer segments. With this, Finolex Cables will be extending its new product line over its strong retailer base. 

In line with its aim of providing its customers with affordable yet built-to-last products, the state-of-the-art steam, and dry irons are designed for ease of use. The launch also aligns with Finolex Cables aim to be a customer-centric organization that delivers stress-free solutions to its consumers.  

Speaking on the launch, Mr. Deepak K. Chhabria, Executive Chairman, Finolex Cables Ltd. said, “Finolex Cables has been a leading company in the wires and cables segment, and is eager to provide total electrical solutions to its customers. We have identified the small domestic appliances category as a growth opportunity. Our aim is to deliver products that can help our customers lead a convenient, hassle-free life, and give them a unique exposure to our brand while directly experiencing all that it represents.” 

Finolex has earlier also expanded into the electrical segment with Electric water heaters, fans, MCBs, Switches and lighting products which have been well received by the consumers. The company's rapid and industry-leading growth has been the outcome of a well-formulated strategy for setting up modern, well-equipped plants along with regular capacity expansion in alignment with market requirements.  

Mr. Amit Mathur, President – Sales & Marketing said, “We realize Irons are a competitive category and have therefore invested considerable time and resources in delivering a differentiated product that come with attractive designs, colours & advanced features. Positioned as ‘Crease Free Stress Free’, these Irons reinforce our ‘No Stress, Finolex’ campaign, which is currently being aired over TV channels, digital, & OOH. Distribution being key in the category, for the initial phase, we have identified 200 existing distributors who are keen to stock our range. Through these partners we are expecting to have our irons available at 25,000 plus outlets. Over the coming year the aim is to distribute it over 100,000 outlets nationwide” 

About Finolex Cables Limited (BSE Code: 500144; NSE Code: FINCABLES) 

Finolex Cables is among India’s leading electrical and telecommunication cable companies. It is rapidly transforming from a manufacturer of wires and cables into an electrical products company, by expanding its product portfolio to market products like lighting, water heaters, fans, switches, switch gear, and electrical conduits. This reinforces its reputation of offering innovative products that cater to the needs of modern households.  

The company started its operation with the manufacture of PVC insulated electrical cables for the automobile industry. Besides a wide variety of Wires & Cables, the Company is also manufacturing lighting products, electrical wiring accessories, switchgear, fans, and water heaters. The company has manufacturing facilities at Pimpri and Urse in Pune as well as at Goa & Uttarakhand. Finolex Cables is constantly working at introducing innovative technologies and enhancing technical competencies while prioritizing customer requirements, quality, and environmental concerns.  

Ultimate Companion – Through Real And Virtual Worlds: BMW Presents BMW i Vision Dee In Las Vegas


+++ BMW Mixed Reality Slider: into the virtual world in five steps. +++ Advanced BMW Head-up-Display in NEUE KLASSE from 2025. +++ Full-colour E Ink technology enables up to 32 colours. +++

The BMW Group is sharing its vision of the future digital experience, both inside and outside the vehicle, at the Consumer Electronics Show (CES) 2023 in Las Vegas. BMW i Vision Dee is the futuristic mid-size sedan with a new and pared-down design language. The name “Dee” stands for Digital Emotional Experience – and that is precisely its aim: to create an even stronger bond between people and their cars going forward. Future digital functions will go far beyond the level of voice control and driver assistance systems we are familiar with today. The BMW Head-Up-Display extends across the full width of the windscreen, providing a glimpse of the next vehicle generation. From 2025 onwards, this innovation will be available in the models of the NEUE KLASSE. The BMW Group has also refined its use of colour-change technology. Having unveiled the BMW iX Flow Featuring E Ink, with the ability to change from black to white, at the last CES, BMW i Vision Dee can now curate its exterior in up to 32 colours. 

“With the BMW i Vision Dee, we are showcasing what is possible when hardware and software merge. In this way, we are able to exploit the full potential of digitalisation to transform the car into an intelligent companion. That is the future for automotive manufacturers – and, also, for BMW: the fusion of the virtual experience with genuine driving pleasure,” said Oliver Zipse, Chairman of the Board of Management of BMW AG. “At the same time, BMW i Vision Dee is another step on the road to the NEUE KLASSE. With this vision, we are looking far into the future and underlining the tremendous importance of digitalisation for our upcoming product generations.”

With its intelligent, almost human capabilities, BMW i Vision Dee accompanies drivers not only through real-life situations on the roads, but also in their digital environment.

“A BMW lives by its unparalleled digital performance. BMW i Vision Dee is about perfect integration of virtual and physical experiences,” said Frank Weber, member of the Board of Management of BMW AG responsible for Development. “Whoever excels at integrating the customer’s everyday digital worlds into the vehicle at all levels will succeed in mastering the future of car-building.”

BMW Mixed Reality Slider: into the virtual world in five steps

The BMW Mixed Reality Slider, in combination with the advanced Head-up Display, is the digital highlight and central operating control of BMW i Vision Dee. Using shy-tech sensors on the instrument panel, drivers can decide for themselves how much digital content they want to see on the advanced Head-Up Display. The five-step selection ranges from analogue, to driving-related information, to the contents of the communications system, to augmented-reality projection, right up to entry into virtual worlds. In parallel, dimmable windows can also be used to gradually fade out reality. Mixed reality can be experienced in BMW i Vision Dee in an immersive way that engages different senses without requiring any additional tools, creating a new dimension of driving pleasure for the user.

Advanced BMW Head-Up-Display: in NEUE KLASSE from 2025

The BMW Group is known in the automotive sector as a trailblazer for the Head-Up-Display and has systematically refined this technology over the past two decades. In BMW i Vision Dee, projection across the entire width of the windscreen allows information to be displayed on the largest possible surface – which only becomes recognisable as a display once it is activated. In this way, the BMW Group demonstrates the huge potential of projection technology and BMW i Vision Dee visualises how a advanced Head-Up-Display could also be utilised in the future for the display and operating concept. The standard-production version of the BMW Head-up-Display extending across the full width of the windscreen will be used in the models of the NEUE KLASSE from 2025 onwards.

Welcome scenario with voice and phygital icons

The digital experience already begins outside the vehicle, with a personalised welcome scenario that combines graphical elements, light and sound effects. Natural language serves as the simplest, most intuitive form of interaction, enabling perfect understanding between humans and their vehicles. The headlights and the closed BMW kidney grille also form a common phygital (fusion of physical and digital) icon on a uniform surface, allowing the vehicle to produce different facial expressions. This means BMW i Vision Dee can talk to people and, at the same time, express moods such as joy, astonishment or approval visually. BMW i Vision Dee can also project an image of the driver’s avatar onto the side window to further personalise the welcome scenario.

World premiere for full-colour E Ink technology

Following the spectacular debut of the BMW iX Flow Featuring E Ink at CES 2022, the BMW Group is now unveiling a full-colour version of the E Ink technology in BMW i Vision Dee that will be used as the outer skin of the vehicle for the first time worldwide. BMW i Vision Dee, rather than simply alternating between black and white, now showcases a multi-coloured, fully variable and individually configurable exterior. An ePaper film from the BMW Group’s cooperation partner, E Ink, is applied to the body to create this magical display of colour.

Up to 32 colours can be displayed. The body surface of the BMW i Vision Dee is divided into 240 E Ink segments, each of which is controlled individually. This allows an almost infinite variety of patterns to be generated and varied within seconds.

The laser cutting process used to trim the films and the electronic control design were developed in partnership with E Ink. The adaptation of this technology for curved surfaces and the programming of the animations, were developed by BMW Group’s in-house engineers – enabling a form enabling a form of customisation that is unique throughout the automotive sector worldwide.

Reductive design – inside and out

The design of BMW i Vision Dee has been deliberately pared down to focus attention on the digital experience and the DNA of the BMW brand. The exterior is defined by the classic three-box sedan design that forms the core of the BMW brand. Traditional design elements, like the BMW kidney grille, twin circular headlights and the Hofmeister kink, are reimagined, with phygital icons replacing analogue elements. This gives BMW i Vision Dee its own digital, but human, character.

Inside, digitalisation goes hand in hand with reductive use of materials, operating controls and displays to ensure nothing distracts from the digital experience and the new feeling of enhanced driving pleasure. The unconventional design of the steering wheel, with its central vertical spoke, creates touchpoints that come to life when approached or touched and can be operated by moving the thumb. These phygital touchpoints control selection of the content projected onto the windscreen and, together with the Head-Up Display, thus support the principle of “hands on the wheel, eyes on the road”.

“With BMW i Vision Dee, we are showing how the car can be seamlessly integrated into your digital life and become a trusty companion. The vehicle itself becomes your portal to the digital world – with the driver always in control,” said Adrian van Hooydonk, head of BMW Group Design. “Implemented the right way, technology will create worthwhile experiences, make you a better driver and simply bring humans and machines closer together.”

Another milestone on the road to the NEUE KLASSE

The future of the BMW Group is electric, circular and digital. BMW i Vision Dee represents the digital aspect of this trio and will be another milestone on the road to the next vehicle generation, the NEUE KLASSE. The BMW Group will provide further insights and glimpses of the revolutionary vehicle concept of the NEUE KLASSE over the course of 2023.

https://www.press.bmwgroup.com/global/article/detail/T0406898EN/ultimate-companion-%E2%80%93-through-real-and-virtual-worlds:-bmw-presents-bmw-i-vision-dee-in-las-vegas

Fello Raises $4 Million To Bring Gamified Savings For The Indian Zillennials


~The YCombinator and Entrepreneur First backed company has surpassed 500,000 users to revolutionize finance for the youth of India~

Fello, India’s first gamified savings platform, designed for the Gen-Zs and young millennials of India, has raised $4 million in their latest funding round led by US-based Courtside Ventures, with participation from, Entrepreneur First, Ycombinator, Kube Venture and Upsparks. Angel investors, Kunal Shah, Founder of Cred, Lalit Keshre, Co-founder of Groww, Charlie Songhurst, Dafeng and Alan Rutledge participated in this round. Previously, in November 2021, the company had raised $1 million in its seed round.

Fello will use the funding to develop unique gamified financial products, hire top talent across functions, and expand its user base to the many millions in the tier-1 and tier-2 cities of India.

Founded in 2021 by YCombinator W22 graduates, Manish Maryada and Shourya Lala, Fello has built a revolutionary product at the intersection of gaming and finance. The company aims to make finance fun and rewarding, thereby helping India’s youth build better financial health. The gamified savings platform incentivizes users through gaming to save and grow their money with returns higher than their traditional savings accounts. The company aims to on-board 5 million customers by the end of 2023 and enable the underbanked population of India through an innovative suite of products that gamify investing.    

Commenting on the fundraise, Manish Maryada, Co-founder and CEO, Fello, said, “We are thrilled to begin the New Year with a new round of funding through new and existing marquee investors. This reaffirms our vision of becoming India’s preferred ‘fun-ancial savings app’ that combines finance and gaming, thus inculcating and encouraging the habit of saving and investing among India’s youth. Presently, we have a user base of over 500,000, with 72% customers coming to the platform organically, through referrals. We are confident that with our accelerated growth and expansion, we will be able to reach our target of 5 million users by December 2023.”

Shourya Lala, Co-founder and CTO, Fello said, “We have seen massive tailwinds for our game-based savings model in the last one year. Of the 846 million internet users in India, nearly 433 million play games on their mobile phones, two or three times a week. Of this, 75% of internet users are between the age group of 18-30, and interestingly, they shy away from saving and investing. Fello’s market scope is unprecedented. With this fund raise; we aim to accelerate our product development, market penetration, and talent acquisition.”

Kai Bond, Partner of Courtside Ventures said, “India has attracted unprecedented investment in the last four years in the fintech and gaming sector.  As a global game investor, Courtside Ventures has remained very active in the ecosystem.  The Indian Gaming audience is one of the largest and most active markets in the world; yet financial services applications attract a fraction of that gaming audience.  There is a tremendous market opportunity to bridge the gap in financial literacy and investing in a fun and gamified experience.  We are incredibly bullish that there is a massive opportunity at the intersection of gaming and financial services in India.”

Matt Clifford, Co-founder and CEO of Entrepreneur First said, “Entrepreneur First invested in Manish and Shourya as individuals, pre-idea, because we recognized their extraordinary potential to build a world-leading company. In combining their talents to build Fello, they’ve made that potential a reality. As the team redefines finance for India’s next generation, we’ve been proud to back the team since its inception, and are so excited to see them hit yet another milestone with this raise. It’s founders like Fello’s that have motivated us to double down on our investment in India’s extraordinary talent pool, and we can’t wait to see what they do next”

Fello’s other investors include prominent names like Acequia Capital and independent investors Ashneer Grover, Ex-MD, BharatPe, Bala Parthasarathy, Chairman, Freo, to name a few.

About Fello:

Headquartered in Bengaluru, Fello is India’s first gamified savings and investment platform. For every Rupee saved, users earn gaming tokens, which can be used to play games and win rewards. On one hand, their savings grow by 10% and on the other hand they get to win upto Rs.1 Crore through gaming rewards. The gamified fintech platform caters to India’s ever-evolving Gen Z and millennials; it incentivizes users for saving, growing their money, and receiving returns higher than their traditional savings accounts. The company’s vision is to make finance and banking fun and rewarding for the zillennials of India.

Website: https://fello.in/

Toyota Kirloskar Motor Supplies Hydrogen Fuel Cell Module For A Proto Examination And Feasibility Study Purposes


* Support India’s National Hydrogen Mission while aiding to achieve ‘Energy Self-reliance and ‘Carbon Neutrality’

* TKM supplies one fuel-cell module to Ashok Leyland to build Fuel Cell Commercial Vehicle (FC-CV) for proto examination and feasibility study

Bengaluru: In line with its mission of “Producing Happiness for All”, which seeks to contribute towards establishing a ‘future-proofed’ sustainable society that is in harmony with nature, Toyota has been developing green and clean technologies promoting sustainability across regions. Being pioneers in electrified and other green vehicle technologies, the company strives to offer array of electrified and alternate fuel vehicles to minimize CO2 emissions by taking into consideration the energy generation, infrastructure readiness and consumer adoption of each country/region. Further, globally Toyota is committed to Carbon Neutrality by 2050, and aims to achieve Net Carbon Zero in Manufacturing Operations by 2035.

Fuel cell electric vehicles (FCEVs) are powered by hydrogen which produce no tailpipe emissions, being the cleanest fuel. Green hydrogen is generated from renewable energy sources and can provide storage requirements for solar and wind energy which is critical for their rapid take off at a greater scale. Hydrogen has higher energy density over batteries, can store energy for a longer duration and is portable, thus making it an excellent energy carrier for diverse applications. With these advantages, hydrogen can play a significant role in our country’s goal toward achieving energy self-reliance and mitigating carbon emissions.

On a broader perspective, Toyota continues to focus on the hydrogen technology and promotion of the fuel cell module usage across various sectors to enhance wider adoption and achieve scalability. The hydrogen fuel cell module provides energy source to serve various applications which is essentially the key to realise competitiveness and creation of future sustainable hydrogen society. Further to achieve zero CO2 emissions in more challenging applications such as trucks and heavy transport, trains, buses, aviation, shipping, forklifts, and industrial processes, hydrogen will play an important role. Towards this direction, Toyota Kirloskar Motor (TKM) today announced the supply of its Fuel Cell Module (one unit) to Ashok Leyland to build fuel-cell commercial vehicle in India for proto examination and feasibility study purpose.

Toyota Fuel-Cell Module

When it comes to hydrogen based electrified vehicle technology, fuel cell module is the heart which powers the hydrogen electric power train. Toyota given its strong technological capabilities intends to move forward in sure-footed steps to promote and enhance the use of fuel-cell modules in India, to develop zero carbon emission vehicles.

Toyota’s hydrogen fuel cell-based technology can help enable faster shift away from fossil fuels, promoting renewable energy, achieving energy self-reliance, and mitigating carbon emissions. Moreover, given India’s energy mix, its unique consumer profile and needs, infrastructure readiness, and the Government’s diversified efforts towards becoming ‘Atma Nirbhar’ in energy by 2047, Toyota is advancing mobility solutions with greater agility, thereby introducing, and supporting multiple clean technology pathways by joining hands with other stakeholders with mutual interest and aim to contribute to our nation’s carbon neutral targets.

Commenting on this clean mobility initiative, Mr. Sudeep S. Dalvi, Senior Vice President and Chief Communication Officer of Toyota Kirloskar Motor, said “We are extremely happy to supply Hydrogen Fuel Cell Module to Ashok Leyland for building Fuel Cell Commercial Vehicle for proto examination and feasibility study purpose. Reducing tailpipe emissions and carbon footprint has always been extremely important for us at Toyota and we are also committed to contribute towards the national target of energy self-reliance. Globally, the energy industry is working on the technological innovations of carbon-neutral fuels such as hydrogen and biofuels. Through this initiative, we hope to promote wider use of hydrogen as a fuel which can help to create a hydrogen society in harmony with nature.”

The Government of India announced the National Hydrogen Mission (NHM) in the Union Budget for 2021-2022. NHM has drawn a road map for the usage of hydrogen as an energy source. This mission aims to push for the implementation of hydrogen energy that will drive the country in the right direction of making the best out of the renewable energy sector. Aligning with this, Toyota is enhancing its technological strengths to capitalize on the most abundant elements on earth for a better, safer, and cleaner alternative fuel option.

Toyota provides products that inspire customers to think, “this is practical to use” based on a sustainable and realistic approach.  Based on the idea that cleaner vehicles contribute to the environment only when they come into widespread use, TKM are continually enhancing the line-ups of electrified vehicles (recent offerings of strong hybrid electric vehicles as Urban Cruiser Hyryder and Innova Hycross) and conduct pilot studies of alternate fuel-based vehicle technologies (such as Mirai and Flex-Fuel Strong Hybrid Electric Mobility) to promote awareness on sustainable mobility.

Talking on this move, Dr. N. Saravanan, Chief Technology Officer of Ashok Leyland, said “Ashok Leyland is excited to collaborate with Toyota Kirloskar Motor to bring their globally renowned and proven fuel cell module system to the commercial vehicle sector in India. Ashok Leyland’s track record in bringing innovative and differentiated products combined with Toyota’s technology leadership in fuel cells has created a massive opportunity to conduct proto examination and feasibility study towards decarbonizing both goods and people transportation.”

The fuel cell electric vehicles use a propulsion system like that of electric vehicles, where energy stored as hydrogen is converted to electricity by the fuel cell. These FCEV are fuelled with pure hydrogen gas stored in a tank. Similar to conventional internal combustion engine vehicles, FCEVs are equipped with other advanced technologies to increase efficiency, such as regenerative braking systems that capture the energy lost during braking and store it in a battery.

Globally, Toyota is implementing various initiatives to realize a hydrogen society, promoting fuel cells utilization for commercial vehicles, and increasing industrial uses. Toyota FC Modules are used by Commercial OEM to manufacture FC Truck, FC Bus in Japan, Europe, China, North America and presently in India.

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