TradeIndia.com’s Innovative Digital Lending Solution, Allows SMEs To Access Instant Business Loans And Credit Facilities Upto 50 Lakhs

* The company has received more than 50 thousand loan applications from SMEs in last 6 months

TI Lending, India’s first digital lending solution for SMEs, announced the disbursement of loans totalling more than INR 500 million to SMEs and MSMEs in the country within six months of its launch. TI Lending is an exclusive digital loan solution initiative by TradeIndia.com, India’s largest B2B marketplace. TradeIndia.com has collaborated with leading lending platforms like ICICI Bank, Mintifi, Indifi, Flexiloans, IIFL, EFL and Moneywide to offer seamless loan credit to its customers.

Launched in July 2022, this offering by TradeIndia.com is a complete digitised solution with zero paperwork and offers instant business loans up to 50 lakhs with a disbursal time of 24 hours. Within just 6 months of its launch, TradeIndia.com has received more than 50 thousand loan applications from SMEs and MSMEs.

Commenting on the partnership, Ankit Mehta, Co-founder and Chief Architect, Mintifi said, “We are really excited to partner with TradeIndia.com to provide end-to-end electronic invoicing and payment solutions, to assist businesses in ensuring swift and easy digital transactions. MSMEs are the growth engine of Indian economy and we are humbled to use TradeIndia.com’s extensive network to assist Indian MSMEs get capital credits seamlessly.”

Talking about TI Lending, Aditya Shankar, Vertical Head, Lending, TradeIndia.com shared “We are really pleased to receive the overwhelming response from our partners. One of the major hurdles preventing SMEs from taking the entrepreneurial plunge is capital denial and TradeIndia.com is proud of filling this gap and assisting entrepreneurs on their growth journey. TI lending has been a huge success story so far and we are committed to reaching out to millions of other entrepreneurs to help them establish their businesses.”

“Analysing the current trends, customer response and industry potential, we are extremely optimistic and aim to disburse more than INR 2.5 Billion in the next financial year,” said Aditya Shankar.

In the last five years, the credit gap in the country has increased. As per the latest Standing Committee on Finance report, MSMEs, India’s growth engine, face a humongous credit gap of around INR 20-25 lakh crores. Small businesses that require quick access to working capital for their daily operations can have an impact on their earnings and profits in cases of any hindrances in attaining the same. However, other problems such as payment delays, which further lead to reduced investments and growth, may arise, resulting in risk aversion in the minds of entrepreneurs. TI Lending aims to address such varied underlying problems.

Through TI lending, TradeIndia.com envisions to become the first choice amongst SMEs for quick and convenient business loans and enable them to build a strong credit history to become eligible to take bigger loans from the banks. TradeIndia.com has partnered with RBI licensed lenders to ensure maximum safety, and all the information shared by the firms are processed and stored with banking-level security controls.

About TradeIndia.com

India's largest B2B marketplace with 10 million+ registered users, offering global buyers & sellers a reliable platform to identify trustworthy business partners. Promoting Indian manufacturers, exporters, importers, service providers with their offered products/services to promote them amongst global buyers & sellers. Offers latest value additional services offering buyers the ease to contact listed Indian sellers to source products for their buying interests. Offers the most comprehensive, updated detailed listing of Sellers covering all kinds of products & services offered by them. Display latest products from Indian & Overseas suppliers with detailed product description for interested buyers to choose right products as per their interest. Tradeindia.com is a single platform for all your global buy & sell needs for all kinds of products & services.

Introducing Nokia T21 – A Reliable, Family-Friendly Powerhouse That’s Built To Last

* Designed with a tough body made from aluminium and 60% recycled plastic, the new Nokia T21 brings all the durability promises you’d expect from a Nokia tablet

HMD Global, the home of Nokia phones, today announces the launch of Nokia T21 Tablet in India. Built to last and designed with a tough aluminium body that features a 60% recycled plastic cover for the antenna for optimal connectivity, Nokia T21 puts durability first without compromising on style. The Nokia T21 comes with 8MP rear camera with flash + 8MP front camera.  Whether for work or play, this ultimate family-friendly tablet is in it for the long run. It comes with leading software and security promises – plus, it’s loaded with fan-requested features, such as HD video streaming, voice calling, and NFC.

Sanmeet Singh Kochhar, Vice President- India & MENA, HMD Global:

“Our budding tablet portfolio has been highly popular with our audience. Building on the success of the Nokia T20, the new Nokia T21 is designed top to bottom for both work and play. Nokia T21 does it all and can quickly adapt, whether you need to focus on your job or relax with your loved ones at home. It embodies our promise of long-lasting battery, regular software and security updates, premium European-built experience and looks. Nokia T21 also features a 10.3 inch 2K display, with the SGS low blue light certification.  This is a tablet that doesn’t compromise on durability and has all the promises you’d expect so you can keep your device for longer.”

Durability and longevity inside and out 

Designed with a tough aluminium body and 60% recycled plastic and two years of Android upgrades1 will ensure Nokia T21 lasts and feels new on the inside and out, for years to come. Android 12 with 2 OS upgrades + 3 years monthly security updates, makes it a big value package. Durability and longevity inside and out: 4G | LTE CAT7 | Voice, SMS & Data supported (LTE variant)

A long-lasting battery you can depend on

The battery has enough power to see you through up to 15 hours of web browsing, bingeing a whole TV series and up to a whopping 7 hours of conference calls3. Years later, it will still feel fresh as the battery remains healthy 60% longer than average4. Eventually, when Nokia T21 does need plugging in, 18W fast charging5 will ensure you’re quickly back in action. Comes with long lasting & durable 8200mAh battery, retaining 80% capacity even after 800 charging cycles.

Looks and sounds great whether at work or at home

The new and improved 2K display ensures crisp and detailed viewing with 10.36inch 2K, SGS low blue light certification Display. If you’re feeling creative, sketch out your ideas, jot down notes or draw your next masterpiece with an active pen6. Enjoy your much-loved shows with HD streaming across Netflix and immerse yourself in a deeper, stronger and louder sound that adapts to your surroundings with OZO Playback Audio.

Thanks to HD video and voice calling, friends and family can enjoy your presence in full glory, and work calls will always look and sound professional. Plus, switching between the office and home is as convenient as ever thanks to the portable size. And voice calling means you can stay connected even when your phone is not nearby.

All-round safety and made for the entire family

For peace of mind when shopping online or when you are browsing the web, Nokia T21 comes with three years of monthly security updates, twice as many as the competition8.

Google Kids Space features endless content to educate and nurture young minds. Plus, Google Entertainment Space is a one-stop shop which consolidates must-see shows and movies from multiple streaming platforms in one place – no more hopping between apps when winding down before bed.

A reliable tablet for enterprise

However you work best, get it done on Nokia T21. NFC9 will help your business with payments and scan NFC tags, while Second Screen will allow you to expand and control your Windows PC. And for businesses – Nokia T21 is certified as Android Enterprise Recommended.

Pricing and availability

The pre-booking starts on Nokia.com from today, 17th January, with a pre-booking offer of INR 1000 off and free flip cover worth INR 1999. Nokia T21 will be available in retail stores, partner portals and leading outlets from 22nd January.

Nokia T21 comes in Charcoal Grey colour with a memory configuration of 4/64GB. Wi-Fi variant is available at INR 17999, & LTE + Wi-Fi variant is available at INR 18999.

Launch offer:

Nokia T21 comes with a launch offer of Free Flip cover worth INR 1999.

Indian Residential Market Sales Have Been At A Decade High In 2022 And Continues Its Growth Momentum

TradeIndia’s digital lending platform disbursed over INR 500 Million loan to SMEs within 6 months of its launch, expects 5X growth in 2023.

As Union Budget 2023-2024 is around the corner, please find below the quote on Budget expectations for the Real Estate sector shared by Devanshu Bansal, Director, UK Realty. Also attached is his image for your perusal. Request you to please incorporate the same in your story. Additionally, if you are looking for further inputs, we would be happy to connect you to our spokesperson.

"The Indian residential market sales have been at a decade high in 2022 and to continue this growth momentum, the sector will need some financial support in the upcoming Union Budget 2023. 

In the budget, it is imperative to update the affordable housing policy by revising the price capping so that it can be in sync with the market dynamics of different cities. This move will also enable more homes to qualify for affordable housing. Currently, the unit size is 60 sq.m carpet area, which is suitable. However, the price range of up to Rs. 45 Lakh under affordable housing across India’s metro cities such as Mumbai is definitely something that needs to be brought into focus, where an upward range of Rs.85 Lakh or more seems more appropriate."

This Is Forwardism: The New BMW X7 Flagship SAV - The New BMW X7 Has Been Launched In India

* Inspiring new avatar of the most luxurious BMW Sports Activity Vehicle.

* Modern design, dominating proportions, magnificent on-road presence.

* Unrivalled performance with most powerful engines in its class.

* Luxurious interior with Sky Lounge and Captain seats in BMW Individual Leather ‘Merino’.

* A wealth of innovations with intelligent BMW iDrive Operating System 8 and the MyBMW app.

* #BMWX7 #ThisIsForwardism #SheerDrivingPleasure #BMWIndia

BMW’s flagship Sports Activity Vehicle (SAV) - the new BMW X7 - has been launched in India today. The new BMW X7 is an absolute statement of the new BMW luxury class segment. Its charismatic grandeur fascinates along with numerous innovations spanning the areas of design, powertrain, driver assistance, intuitive operation and intelligent connectivity.

Locally produced at BMW Group Plant Chennai, this bespoke model can be booked at BMW dealerships from today onwards. Deliveries will commence from March 2023.

Mr. Vikram Pawah, President, BMW Group India said, “The language of luxury is changing. Today’s luxury is about purpose and substance, meaning and mindfulness. The BMW X7 is a symbol of forwardism – a natural match for the uncompromising expectations of those who drive the world. It touches the highest echelons of emotional driving pleasure and exclusivity. And now the new X7 offers more of everything: more presence, more luxury, more intelligence and more efficiency. It is a state-of-the-art companion for every journey. Connoisseurs immediately recognise it as the leader in its own right as it heralds a unique dimension in mobility. That is the unequivocal reason behind the immense continuing success of the X7.”

The new BMW X7 has been launched both in a petrol and a diesel variant. Both the BMW X7 xDrive40i M Sport and the newly available BMW X7 xDrive40d M Sport variants are locally produced in Plant Chennai.

The ex-showroom prices are –

BMW X7 xDrive40i M Sport       - INR 1,22,00,000

BMW X7 xDrive40d M Sport      - INR 1,24,50,000

*Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but excludes Road Tax, Tax Collected at Source (TCS), GST on Tax collected at source, RTO statutory taxes/fees, other local tax cess levies and insurance. Price and options are subject to change without prior notice. For further information, please contact the local authorised BMW Dealer.

The car is available in three exciting metallic paintworks: Mineral White, Black Sapphire and Carbon Black, and additionally two exclusive BMW Individual paintworks: Dravit Grey and Tanzanite Blue. Upholstery features the exquisite BMW Individual Leather ‘Merino’ upholstery in Tartufo, Ivory White and Black shades.

The new BMW X7.

The generous exterior dimensions and expansive surfaces of the new BMW X7 radiate an expression of grandeur. The new imposing yet progressive front clearly differentiates it from its predecessor and other X models. The large kidney grille comes with a newly designed intricate double bars with chrome highlight. The new LED headlights are now housed in two separate modules giving the vehicle a high-tech appearance. The central air intake is framed by two eye-catching chrome air vents. The newly designed front apron adds the final touch while functional upright air curtains improve aerodynamics. Modern impulses such as 3D taillights with a new inner graphic and connecting chrome bar covered by smoked glass are real eye-catchers.

The interior welcomes with a fundamentally rethought experience. The front areas gain a way more modern and luxurious appearance than before. The first element to catch attention is the new digital BMW Curved Display which is harmoniously unified into the cockpit area, so it almost looks like it is floating. It’s typical BMW driver-orientation, clear reduced design along with an interplay of eye-catching graphics, modern colours and futuristic textures create an immersive visual appearance. Another premium feature is the new ambient light bar extending from the centre stack to the passenger side. It beautifully elevates the overall Ambient Lighting effect now available in 14 colors. Moreover, its crystalline appearance and prismatic structure perfectly complement the optional crafted clarity components such as the gear selector, iDrive control wheel, audio control button and start/stop button. Redesigned gear lever toggle and chrome air vents match the smooth design language. A choice of premium bespoke upholstery and trims adds to the exclusive cabin ambience. Filling up the cabin with a sense of space and natural light flow is the large Sky Lounge Panoramic glass sunroof extending till the third row. Harman Kardon surround sound system with 16 speakers provides an intense musical feast for the ears. Handsfree operation of split tailgate gives easy access to a boot capacity of up to 2,120 litres.

The new BMW X7 comes with a more powerful engine portfolio. Thanks to unrivalled BMW TwinPower Turbo technology, the petrol and diesel engines meld maximum power with exemplary efficiency and offer spontaneous responsiveness even at low engine speeds. The 3-litre 6-cylinder in-line petrol engine of the BMW X7 xDrive40i M Sport now produces an output of 381 hp and maximum torque of 520 Nm at 1,800 – 5,000 rpm. The car accelerates from 0 -100 km / hr in just 5.8 seconds. Available for the first time, the 3-litre 6-cylinder in-line diesel engine of the BMW X7 xDrive40d M Sport produces an output of 340 hp and a maximum torque of 700 Nm at 1,750 – 2,250 rpm. The car accelerates from 0 -100 km / hr in just 5.9 seconds. Additionally, both engines feature a 48V Electrical Motor that with a power output of 12 hp and torque output of 200 Nm, helping achieve even better efficiency and dynamics.

The eight-speed Steptronic transmission performs smooth, almost imperceptible gearshifts. At any time, in any gear, the transmission collaborates perfectly with the engine, enabling it to develop its full power and efficiency. The driver can access distinct driving setups in both automatic and manual mode – COMFORT, EFFICIENT, SPORT and SPORT PLUS.

BMW xDrive, the intelligent all-wheel drive technology monitors the driving situation and is quick to respond to ensure maximum traction, agility and vehicle stability. Electronically controlled ‘Automatic Differential Brakes/Locks’ (ADB-X), extended ‘Dynamic Traction Control’ (DTC), Hill Start Assist and Hill Descent Control help to conquer every terrain. Adaptive 2-Axle Air Suspension enables raising and lowering of vehicle at the touch of button and automatically adjusts the height of the car to suit any given driving situation.

BMW ConnectedDrive technology breaks the innovation barrier and turns the car into an interconnected digital device. Host of connected drive features include BMW ID, BMW App, Digital Key, Emergency Call, Real-time Traffic Information, Remote Services and smartphone parking.

BMW Live Cockpit Professional includes the freestanding BMW Curved Display with Navigation with real-time traffic information and augmented view, a 12.3-inch digital information display behind the steering wheel, a 14.9-inch Control Display and BMW Head-up Display.

The latest BMW iDrive with Operating System 8, offers all the possibilities for interaction between occupants and the vehicle – using touch, gesture or speech. It is complemented by the BMW Intelligent Personal Assistant system which has a self-learning intelligence that adopts a driver’s individual habits, proactively provides useful tips on new driving functions and seamlessly integrates smartphone apps. Wireless smartphone integration and regular Remote Software Upgrades ensure that the car is always up to date.

My BMW app functions include popular options for keeping an eye on the current vehicle status at all times as well as Learning Navigation, which offers destination suggestions and traffic information based on the owner’s driving habits. In addition, customers can use the My BMW app to generate the BMW Digital Key Plus, which turns a smartphone into a digital vehicle key. It will enable customers to physically open the doors when unlocking them this way. If the Digital Key Plus is activated, it’s also possible to perform automated parking manoeuvres.

The spread of Driver Assistance Systems is more extensive than ever. They support and relieve the driver, thus increasing comfort and safety. Standard equipment includes functions like Cruise Control, the Attentiveness Assistant, Parking Assistant Professional with Surround View Camera, Drive Recorder, remote parking via smartphone and Reversing Assistant.

Auto Expo - The Motor Show 2023 Witnessed “Encouraging Visitor Participation

Auto Expo The Motor Show 2023 continued with excitement among auto enthusiasts and witnessed a promising visitor participation on the first day of the week. 

At Auto Expo - The Motor Show 2023, SIAM in association with Rosmerta developed the Surakshit Safar Pavilion on the sidelines of National Road Safety Week (11th to 17th January 2023) to raise awareness about road safety among visitors. Shri Nitin Gadkari, Union Minister of Road Transport and Highways, Government of India along with Shri Vinod Agarwal, President SIAM, inaugurated the Surakshit Safar pavilion at Auto Expo 2023 on January 12, 2023 in the presence of other dignitaries of the automobile industry.  

The Road Safety pavilion highlighted numerous safety measures that would benefit visitors with simulations, competitions, performances, and picture booths. Multiple road safety stakeholders like Delhi Traffic Police, Centre of Excellence for Road Safety from IIT Madras, Indian Head Injury Foundation, Dr. Shroff Eye Centre & Eicher Foundation, IVC Logistics – CMVR Compliant Logistics also highlighted exceptional work executed by them.  

Besides panels depicting different aspects of road safety such as the need of helmets, the importance of wearing seat belts, and the Good Samaritan statute - First Responder is also on exhibit. The pavilion has also concentrated on Asli Naqli (Be Genuine Buy Genuine), bringing to light the spurious parts business that is a massive illegal industry amounting to INR 25,000 crores.  

Later in the day, an international conference on sustainable circularity was organised as part of SIAM's Sustainable Mobility Initiative - Chakriyata. The seminar emphasized recycling in the context of Indian mobility. 

Hyundai Motor India offered a one-of-a-kind premium experience to audiences across all age groups. The activities feature such as metaverse and augmented reality experiences along with live musical band performance. Additionally, kids also had a dedicated zone wherein they could attend creative workshops along with participation in exciting activities.  

Also, a large contingent of students from different schools attended the Auto Expo The Motor Show 2023 and had an enthralling experience visiting different automobile pavilions and experiencing the transformation in the Indian Automobile Industry.  

Neolacta Lifesciences Launches India’s First “Free Lactation Consultation Helpline” Dedicated To Mothers

* The initiative is another step towards supporting clinicians and parents in making breast milk accessible and available to all babies. 

* Initiative in accordance with the company’s principle to support breastfeeding efforts and inculcate best practices for mothers. 

* Breastfeeding help is just a call away - 1800-419-2199. Consultation can be done from the comfort of home  

NeoLacta Lifesciences - India's only ISO 22000 and GMP-certified Human Milk Facility - the first company in India and Asia to have developed a state-of-the-art human milk processing facility announced the setting up of a national toll free breastfeeding/lactation consultation helpline. People can call on 1800-419-2199 to avail benefits of this helpline. 

This initiative aims to reduce the gaps in breastfeeding practices in the country. According to a survey conducted by Momspresso it was found, that 70% of mothers reported having problems with breastfeeding at 3 days postpartum. The Mylo survey in India revealed that breastfeeding presents major challenges for over 83% of mothers.  Almost 50% of nursing mothers surveyed expressed facing physical difficulties in their breastfeeding journey.  

Global studies indicate that 51.4 of preterm infants had delayed lactogenesis. (Ref: Dong, D., Ru, X., Huang, X. et al. A prospective cohort study on lactation status and breastfeeding challenges in mothers giving birth to preterm infants. Int Breastfeed J 17, 6 (2022).  

Mothers need constant support for initiating and continuing breastfeeding. Not all nursing homes and maternity centers house qualified lactation consultants to support mothers during the postpartum period. Most mothers get conflicting advice from healthcare providers, family, and peers, leading to confusion and following wrong practices. 

The lactation consultation helpline aims to provide mothers with accurate and reliable medical advice by clearing all doubts and confusion in mother’s minds. The helpline is backed by certified and experienced lactation consultants. The service is available 10 am to 6 pm, Mon to Sat. 

It will also be a tool to support doctors in providing lactation consultation to the mothers delivering at their facility. 

Commenting on the launch, Sunil Kumar, Country GM Neolacta Lifesciences said “We are happy to launch this lactation consultation helpline which we feel will go a long way in addressing the challenges related to breastfeeding in India. Breastfeeding is a divine act and is the right of every child. At Neolacta, we are committed to providing access to mother’s milk to every possible child ensuring they get the right nutrition early on to lead a healthy life and contribute towards a healthy society.”   

About Neolacta Lifesciences 

Neolacta Life Sciences India is India's only ISO 22000 and GMP-certified Human Milk Facility and the first company in India and Asia to have developed a state-of-the-art human milk processing facility. The company is dedicated to improving access to human milk through its range of 100% human milk-derived products and operates a pharmaceutical-grade facility to process, develop and test human milk derivatives. In its state-of-the-art facility, the company uses the most sophisticated and innovative processes and equipment, to ensure the highest level of product safety and quality. NeoLacta Lifesciences has developed proprietary technology to offer nutritional solutions that have been completely derived from human milk to help meet the unique requirements of premature babies. 

AU Small Finance Bank Introduces Menstrual Leaves For Women Employees First

AU Small Finance Bank, India’s largest Small Finance Bank, today joined the list of Indian firms that offer menstrual leave policy for its women employees. Besides, the bank also announced ‘AU Forever Pass’ an industry first initiative for exiting employees. 

’Diversity & Inclusion’ are at the heart of AU Bank’s operations and with the menstrual leave policy the bank aims at building an inclusive workplace for women by offering them one day of additional paid leave every month under the menstrual leave policy, over and above the approved leaves. The policy will be actioned from February 2023. 

As an industry first initiative, the bank has also launched a special ‘AU Forever Pass’ for employees leaving the organization after a service of 3 years. At the time of exit, selected eligible employees with gold-standard service record and exceptional contribution to the Bank’s growth would be awarded an ‘AU Forever Pass’ membership that gives candidates an assured opportunity to join back AU SFB whenever they wish. 

Speaking on the purpose behind introducing these revolutionary employee centric initiatives, Mr. Sanjay Agarwal, MD & CEO,  AU Small Finance Bank, said, “Under our ethos of ‘badlaav’ we are working towards bringing progressive changes within our organisation to make it more supportive and inclusive for everyone. The culture of a workplace can only be regarded as fully inclusive if it appreciates the needs of its varied workforce including women and even exiting employees. Employee-centric policies, such as the Menstrual Leaves can pave the way towards building a friendly professional environment for women seeking to enter the workforce, through sensitising the organisation. Similarly, ‘AU Forever Pass’ is introduced to honour the contribution of our employees who leave our organization due to personal exigencies or professional aspirations. In this journey of ‘badlaav’, we will continue to march ahead holding hands with all our employees.” 

Further Mr. Vivek Tripathi, Head of HR, AU Small Finance Bank, added, “During and post-pandemic AU Bank has taken many initiatives to make the workplace safe and healthy for its employees. In recent times the bank has adopted policies like ‘AU Forever Pass’ initiative, menstrual leave policy, birthday leave, marriage anniversary leave, paternity leave, donating leaves policy, paid sabbatical leave for long serving employees, education assistance programme, personal loan policy, concessional home loan policy to address the changing needs of employees, families, and communities.”