KPMG And ServiceNow Announce Expanded Commitment To Reimagine Finance, Supply Chain, And Procurement Operations

* Commitment includes significant joint investment in new offerings combining AI, low-code capabilities, and deep industry expertise

KPMG and ServiceNow (NYSE: NOW), today announced an expanded commitment to reimagine finance, supply chain, and procurement operations. The expanded partnership part of a decade-long relationship that spans IT, HR, risk, cybersecurity, and environmental, social and governance (ESG), includes investment from both organizations to create new offerings that bring together AI, low-code capabilities, and deep industry knowledge and expertise.

ServiceNow estimates there is a $11B total addressable market by 2025 for sourcing and procurement operations as well as a multibillion-dollar opportunity for finance and supply chain solutions that bring together people, processes, data, and technology on one, simplified platform. While early engagement is critical for procurement to be able to influence spending and enable better decision making, many internal customers are frustrated by the lack of transparency and fragmentation across the procurement and approval processes.

The joint effort combines the breadth of experience and market?leading industry insights of KPMG professionals with ServiceNow’s recently announced AI-powered Finance and Supply Chain Workflows that complements customers' existing procurement and supply chain systems, streamlines processes, and improves the employee experience while helping reduce costs and increasing efficiency. KPMG firms will use the new workflows to modernize their own processes and enhance the employee experience. Further, ServiceNow will leverage KPMG’s advisory expertise to optimize operations within its own finance organization.

“Combining the business expertise of KPMG’s people with ServiceNow’s technologies has already helped many organizations upgrade their digital footprints and stay ahead of the rapid pace of innovation,” said Bill Thomas, Global Chairman and CEO of KPMG. “Through this expanded alliance, we will help to deliver even more value and efficiency for clients—expediting their digital transformation journeys so they can achieve their business goals.”

“In this new era of our long-standing partnership with KPMG, we’re injecting a step-function increase in speed for our customers’ business architecture” said ServiceNow Chairman and CEO Bill McDermott. “Our co-developed AI-driven solutions will maximize productivity and profitability across finance, supply chain, and procurement operations.”

The expanded partnership will build on KPMG’s professional services expertise and ServiceNow’s Finance and Supply Chain Workflows in the following areas:

Intelligent automation: Complex procurement processes, such as IT and professional services, are streamlined using intelligent automation across intake, sourcing, contracting, risk review, and finance. KPMG clients can increase procurement productivity by reducing non-value-added tasks while also significantly improving cycle times.

Low-code: ServiceNow’s Clean Core ERP with App Engine, a low?code development tool that uses AI and identifies legacy ERP technical debt that can be removed, replaced, or automated. Clients and KPMG employees can build custom applications that help to meet their unique business needs, while also creating easy to use experiences.

Generative AI: KPMG firms will embed ServiceNow’s recently announced generative AI capabilities into their operations to help enhance the self-service and work experience for employees and clients. The solution will help to reduce the need for dedicated teams to triage and manage time-consuming, but low value procurement and supplier inquiries allowing more time to focus on more critical business imperatives. ServiceNow’s generative AI capabilities will enable better and faster answers to customer inquiries, unlock insights within the Now Platform®?, and help to improve overall work processes for increased efficiency and business transformation. 

Enterprise risk management: Through KPMG’s deep risk and procurement expertise and ServiceNow's workflows, automated security and compliance monitoring is built directly into the portfolio of joint offerings, helping organizations to continuously track and identify high-impact risks. Using ServiceNow’s risk and compliance solutions and third-party risk management offerings will assist businesses to operate with the confidence that they are consistently meeting regulatory compliance requirements and mitigating issues.

In recognition of KPMG’s work to deliver game-changing digital solutions that help to significantly transform organizations through outstanding value and impact, the company was named the 2023 and 2022 ServiceNow Worldwide Transformation Partner of the Year.

Airtel Africa Plc Announce Results For Quarter Ended June 30, 2023

Strong operating performance driving improved constant currency revenue growth and EBITDA margins despite foreign exchange headwinds in Nigeria.

Highlights

Operating key performance indicators (KPIs)

·       Total customer base grew by 8.8% to 143.1 million, as the penetration of mobile data and mobile money services continued to rise, driving a 22.0% increase in data customers to 56.8 million and a 24.3% increase in mobile money customers to 34.3 million.

·       Constant currency ARPU growth of 11.1% was largely driven by increased usage across voice, data and mobile money.

·       Mobile money transaction value increased by 47.2% in constant currency, with Q1’24 annualised transaction value of $107bn in reported currency.

Financial performance

·       Revenue in constant currency grew by 20.4%, with reported currency revenues up by 9.6% to $1,377m.

·       While each segment’s reported currency revenue growth was impacted by currency devaluation, they all delivered double-digit constant currency revenue growth. Across the Group mobile service revenue grew by 19.1% in constant currency, driven by voice revenue growth of 11.9% and data revenue growth of 29.8%. Mobile money revenue grew by 31.2% in constant currency.

·       EBITDA increased by 22.5% in constant currency, and 11.1% in reported currency to $682m, with an EBITDA margin of 49.5%, reflecting a 69bps margin improvement despite inflationary cost pressures.

·       Profit after tax was negative ($151m) driven largely by a foreign exchange loss of $471m recorded in finance cost before tax and $317m after tax because of the devaluation of the Nigerian naira in the month of June 2023. This impact has been classified as a non-operating exceptional item.

·       EPS before exceptional items was 3.9 cents, an improvement of 3.3%. EPS before exceptional items and excluding foreign exchange and derivative losses was 6.0 cents, up by 16.2%. Basic EPS at negative (4.5 cents) compared to 4.4 cents in the prior period, impacted by $317m net exceptional loss on account of naira devaluation in the month of June 2023.

Capital allocation

·       Capex at $140m is flat compared to the prior period as we continue to invest for future growth.

·       In July 2022, the Group prepaid $450m of outstanding external debt at HoldCo. The remaining debt at HoldCo is now $550m, falling due in May 2024. Cash at the holding companies was $505m at the end of the period. Leverage of 1.3x in June 2023, was broadly stable despite over $500m of spectrum investment in the last fiscal year and the renewal of 2100 MHz spectrum licence in Nigeria in the period.

Sustainability strategy

·       The Annual Report and Accounts 2022/23 was published in June 2023, updating on the Group’s progress against its sustainability goals, continued contribution to the UN SDGs and commitment to sustainability which underpins the Group’s business strategy.

·       Our landmark five-year $57m partnership with UNICEF was launched across eight of the 13 of our markets provid-ing access to educational resources, free of charge, to more than 250,000 children on our way to reaching one million children through our programmes by 2027.

·       We are on track with the Group’s ambition to achieving a near-term target of 62% reduction in Scope 1 and 2 emissions intensity by 2032 and the long-term target to achieve net zero by 2050. We’re progressing in tandem with our partners and suppliers to formulate our Scope 3 strategy which will contribute to the overall reduction of carbon emissions across our value chain.

Olusegun Ogunsanya, chief executive officer, on the trading update:

‘The Group delivered a strong operating performance with improvement in both constant currency revenue growth and EBITDA margin despite the challenging macro environment. The acceleration in voice, data and mobile money revenue growth is testament to the success of our six-pillar ‘win-with’ strategy. Our continuing investment in network and distribution enabled us to expand our customer base further, driving increased usage on our network. This strong momentum is supported by a continued focus on cost efficiencies, which enabled us to expand our EBITDA margins in the quarter.

Despite the strong operating performance, our results have been impacted by foreign exchange headwinds. This quar-ter saw the announcement of the change to the FX market in Nigeria which resulted in a significant naira devaluation. We have welcomed this reform as very positive for the medium and long-term development of our business in Nigeria, our largest market. The country offers significant untapped growth potential, underpinned by highly attractive funda-mentals. This has supported and sustained a strong operating performance which has seen a five-year revenue and EBITDA CAGR of 23.5% and 27.3% in constant currency, respectively.

We expect the FX reforms to improve liquidity over time, thereby alleviating the challenges faced by international busi-nesses over the last few years associated with accessing US dollars and thus hindering accelerated growth. However, in the reporting period the devaluation has had a material impact on our results. Over the last few years, we have actively reduced our FX exposure across the Group, and this will continue to be a focus area in the future to limit the impact of any future devaluation.

Our focus remains on areas which we can control: the provision of reliable telecom and mobile money services, at affordable rates across our 14 sub-Saharan markets in Africa where demand for these services remains significant. The excellent operating performance over the last quarter highlights this success, and we are well positioned to deliver against the growth opportunities these markets offer, with a continued focus on margin resilience.’

About Airtel Africa

Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.

Airtel Africa offers an integrated suite of telecoms solutions to its subscribers, including mobile voice and data services as well as mobile money services, both nationally and internationally. We aim to continue providing a simple and intuitive customer experience through streamlined customer journeys.

Ajax Engineering Ltd Visionary Leader, Mr. K Vijay, Recognized With Lifetime Achievement Award At EPC World Awards

Mr. K. Vijay, the esteemed Chairman of Ajax Engineering Ltd., was presented with the prestigious Lifetime Achievement Award at the 10th Annual EPC World Awards ceremony held at Hotel The Ashok, New Delhi on 24th July 2023. The Lifetime Achievement Award highlights his outstanding dedication and remarkable achievements in the infrastructure and construction domain over the last 5 decades. With a track record of exemplary works and successful projects, Mr. K. Vijay has significantly contributed to the growth and development of the concreting equipment manufacturing industry.

In the presence of distinguished luminaries from the Infrastructure & Construction industry, the award was presented to Mr. K. Vijay, acknowledging his leadership and commitment to excellence. The event was graced by Chief Guest, Shri. Nitin Gadkari, Hon'ble Minister for Road Transport & Highways, Government of India, who applauded Mr. Vijay's significant impact on the concreting equipment sector and his unwavering commitment to advancing infrastructure development in the country.

Mr. K Vijay Managing Director of Ajax Engineering Ltd. expressed his gratitude upon receiving the award, stating, "I am truly humbled and honored to receive this recognition from the EPC World Awards 2023. This accolade stands as a resounding testament to the relentless commitment and tireless dedication of the entire Ajax Engineering team in revolutionizing the concreting equipment manufacturing sector. Our pursuit of innovation, unwavering focus on quality, and pursuit of excellence have been the cornerstones of our success. Such recognition reaffirms our belief in the transformative power of the Indian Infrastructure & Construction industry and serves as an inspiration to continue pushing the boundaries of progress and achieving new milestones in the infrastructure landscape."

Mr. K Vijay has successfully led Ajax Engineering  to achieve significant milestones as a leading concrete solution provider in the country. With Mr. K Vijay at the helm Ajax Engineering has become one of the world’s largest manufacturers of self loading concrete mixers (SLCMs). It is because of the strategic excellence of Mr. K. Vijay that the company today is a trusted brand for SLCM, Concrete Pumps, Dumpers, Transit mixers and Concrete Batching Plants in most of the construction projects.

EPC World Media Group, a renowned knowledge information hub for the Infrastructure, EPC, and Construction sector, organized the 10th Annual EPC World Awards. The event aimed to recognize and honor outstanding achievements in the industry based on qualitative and quantitative performance.

About Ajax Engineering:

AJAX is a renowned concreting equipment player, excelling in engineering expertise and exceptional after-sales support. Established in 1992, it has become the global leader in Self-Loading Concrete Mixers. Headquartered in Bangalore, AJAX operates state-of-the-art manufacturing facilities in Doddaballapur and Gowribidanur. With a widespread presence across 100 touch points worldwide, AJAX ensures comprehensive sales and after-sales support. Its distribution network spans Bangladesh, Sri Lanka, Myanmar, Mozambique, Philippines, Kenya, Tunisia, UAE, Vietnam, Cambodia, Oman, Uganda, and Egypt. Adapting to customer needs, AJAX strives to be the most customer-centric organization, offering end-to-end solutions for production, transport, placement, and pavement. Its product range includes Self-loading concrete mixers, Concrete batching plants, Transit mixers, Stationary pumps, Boom pumps, Self-propelled boom pumps, and Slip-form pavers. AJAX's strength lies in technology, blending engineering knowledge with effective customer relationship management for unparalleled customer value creation.

India Shows Strongest Growth Potential For Lubricants Demand Among Major Consuming Markets

India is a bright spot in the global lubricants market thanks to forecasts for significant growth, according to the latest research findings shared by Kline & Co. at the industry conference Shining Bright: Unlocking Growth Opportunities in the Indian Lubricants Market. The same sentiment was unanimously echoed by the esteemed industry leaders at the conference about the world’s third-largest lubricants market.

According to Kline’s Global Lubricants 2022: Market Analysis and Assessment report, India’s lubricant market will grow at a CAGR of 3% through 2027. Among the top five major lubricants-consuming countries globally, India is the only one with strong lubricant demand growth potential. In contrast, other markets such as the United States, China, Japan, and Russia are likely to witness a decline or slowdown in lubricant demand growth. Over the next decade, despite the emergence of electric vehicles, lubricant consumption in India will continue to grow. At the same time electric vehicles will create demand for specially developed fluids, called EV fluids or e-fluids. 

According to Milind Phadke, Vice President, Kline & Co. “By the end of this decade, the lubricant supply chain in the country will be further strengthened with an increased domestic supply of baseoils due to new capacity additions by national oil companies.”

In 2021, India’s lubricant market bounced back with double-digit growth after witnessing a strong decline in 2020 due to the COVID-19 pandemic. The market continued to grow further and exceeded pre-pandemic demand levels in 2022.

Despite the challenges posed by the pandemic and the geopolitical issues related to the Russia-Ukraine war, India was the fastest-growing major economy in the world in the financial year 2022-2023. According to the International Monetary Fund, the country is expected to maintain this growth momentum over the next five years, increasing at an annual rate of 6%.

Factors that will drive this progression include a growing digital economy, industrialization, urbanization, increasing discretionary spending, and increased investments in infrastructure development. GDP per capita will increase to almost three times by 2035 when compared with GDP per capita in 2022. This growth will not only be seen in urban areas but will also percolate in rural areas.

With most population growth primarily occurring in the lower-income segment or middle class, mobility usage is also changing with more focus on low cost and flexibility. Affordability has been a major influence on user preference for public transport and two-wheelers. Thus, two-wheelers will continue to lead the personal mobility space and drive demand for motorcycle oils.

According to the National Family Health Survey, 2019-2021, only 8% of households had cars, while more than 50% of households relied on two-wheelers (including bicycles). This suggests, unlike Western countries, that India has the potential to increase car ownership. Owning a car is seen as a status symbol, and a significant portion of the population that does not own a car currently aspires to own one. As a result, car ownership in India could double between 2022 and 2040. Kline expects that consumer automotive lubricants demand will grow at 3.5% CAGR between 2022 and 2027.

According to Satyan Gupta, Director, Kline & Co. “The market value is expected to grow at an even higher CAGR of 6.0% during this period with increased consumption of high-value low viscosity synthetic products.” Most of the original equipment manufacturers (OEMs) including the economic and mid-tier car makers such as Maruti Suzuki, Tata, and Hyundai are recommending low viscosity grades which necessitate use of fully synthetic lubricants. Other Japanese OEMs – Honda, Toyota, and Nissan, among others, also have 0W-20 as recommended engine oil for most of their models.

The B2B segment (commercial automotive and industrial lubricants) will witness slightly lower growth at a CAGR of 2.7% between 2022 and 2027. Even in this segment, the value is expected to grow faster (CAGR 6.9%) than volume.

The commercial automotive lubricants market is expected to go through a phase of transition with increased adoption of higher-quality lubricants by vehicle owners. This transition will be driven by the Vehicle Scrappage Policy, which will increase the scrappage of older vehicles beyond a specific age and subsequently support additions of new vehicles in the vehicle parc. Most OEMs already recommend the use of 15W-40 grade engine oil with API CI-4 PLUS specifications for BS-IV vehicles in India.

A shift toward lower viscosity grades has been noticed in the heavy-duty motor oil market also. In India earlier, mainly European OEMs used to recommend the use of 10W-40 but now Indian OEMs also recommend their use, apart from 10W-30 viscosity-grade oil in BS-VI vehicles.

In the industrial segment, increasing mining projects, cement manufacturing plants, power plants, and steel plants will support an increase in the output of these industries, thus supporting the demand for industrial lubricants over the forecast period. Increasing foreign and government investment in the domestic manufacturing sector through the Make in India and Invest India programs will support growth in industrial lubricants demand. Further, the global shift toward electric vehicles will open new prospects for automotive manufacturers and this could potentially make India an export hub for select lubricants. 

In the future, three key interconnected megatrends will shape the growth of India’s industrial lubricant demand growth curve. These megatrends are digitalization, servitization, and sustainability. Digitalization, which includes smart manufacturing and robotics, along with increased servitization (lubrication-as-a-service/equipment-as-a-service), can lead to efficiency gains and help the industrial sector become more sustainable.

TechM Jun’23 Quarter Results – Disappointing Performance

Actual vs. expectations

Operating performance misses expectations.

Likely stock reaction

Negative

Result Summary

TechM reported revenues of USD1.6bn, down 4% QoQ (-4.2% CC), below our expectations of USD1.64bn.

EBITM declined by ~440bps QoQ to 6.8%, 370bps below our expectations of 10.4%.

IT services segment margin contracted 510bps QoQ to 9.1%. BPO segment margin contracted 170bps QoQ to 17.3%.

Profits at Rs6.9bn, declined by ~38% QoQ, below our estimates of Rs11.1bn, due to all round miss.

Net new deal intake at USD359mn (vs. USD592mn in Q4).

Comparison with other Tier-1 cos Jun’23 performance:

Q1FY24 revenues: TCS: USD7.2bn, flat CC QoQ; Infosys: USD4.62bn, 1.0% CC QoQ, Wipro IT Services: USD2.77bn, -2.1% CC QoQ; HCLT: USD3.2bn, -1.3% CC QoQ.

TCS IT services EBITM declined ~130bps QoQ to 23.2%; Infosys EBITM declined ~20bps QoQ to 20.8%, Wipro IT services EBITM declined ~20bps QoQ to 12.05%; HCLT EBITM declined ~120bps QoQ to 17.0%.

Growth by Verticals (in USD)

Communication, Media & Entertainment: -9.4%QoQ (vs. 0.7% QoQ in Mar’23)

Manufacturing: 1.8% QoQ (vs. 1.5% QoQ in Mar’23)

Retail, transport & logistics:  -0.3% QoQ (vs. -10.4% QoQ in Mar’23)

Technology: 0.1% QoQ (vs. flat QoQ in Mar’23)

Banking, financial services & insurance: -3.2% QoQ (vs. 0.3% QoQ in Mar’23)

Others: -0.1% QoQ (vs. 2.7% QoQ in Mar’23)

Growth by Geographies (in USD)

US: -0.5% QoQ (vs. -0.3% QoQ in Mar’23)

Europe: -6.7% QoQ (vs. 3.5% QoQ in Mar’23)

ROW: -8.2% QoQ (vs. -2.9% QoQ in Mar’23)

Manpower details

Total Headcount: 148,297, net reduction of 4,103 sequentially

LTM Attrition: 13%, V/s 15% in Mar’23 quarter.

Utilization (ex-trainees) was 87% vs 86% QoQ.

India Could Have A USD 100 Billion Space Industry By 2040, According To Arthur D. Little Research

·      Analysts estimate that the global space industry to reach USD 1 trillion by 2040, driven by increased government, private sector involvement and new satellite technologies, marking the dawn of Space 4.0.

·      The Arthur D. Little report pegs India's space market to reach USD 40 billion by 2040 and armed with the right strategies, it could tap into a USD 100 billion market opportunity.

·      ADL believes India should encourage satellite internet services adoption, leverage its strengths in satellite and launch vehicle manufacturing, and develop capabilities in high-potential sectors while exploring space tourism and ‘green space.’

·      The report outlines challenges including nascent local manufacturing capabilities for key components, inadequate funding, unclear regulatory framework, and foreign competition.

Arthur D. Little, the renowned international strategy and management consulting firm, today announced the release of its comprehensive industry report titled "India in Space: A USD 100 Billion Industry by 2040". The report provides an in-depth analysis of the Indian space industry and identifies opportunities that could help the sector reach its maximum potential.

What is Space 4.0?

The convergence of technology, private capital, and deregulation has fueled increased commercialization and involvement of various space actors globally, particularly private companies. Space start-ups are now transitioning from investment-backed development to business-supported operations, facing many technical, economic, and regulatory hurdles in this new era.

The potential for growth in the global space industry is immense, with the addressable market projected to reach a staggering USD 1 trillion by 2040 as per various analysts. India's space market is around USD 8 billion today and has been growing at an annual growth rate of 4% in recent years. The Indian government aspires for the country's space sector to account for 9% of the global industry by 2030. With its current trajectory, India's space economy could reach USD 40 billion by 2040. However, India has the potential to claim a much larger share of the global space economy, amounting to a staggering USD 100 billion addressable opportunity by 2040.

India's journey in space began with the establishment of the Indian Space Research Organisation (ISRO) in 1969. Over the past two decades, India has made significant strides in the Space 4.0 era, launching a total of 381 international satellites for 34 different countries. The Indian government's commitment to encouraging private participation has yielded remarkable results, with new-age space startups in India securing an impressive USD 112 million in funding in 2022 alone.

Commenting on the report, Barnik Chitran Maitra, Managing Partner, Arthur D. Little, India & South Asia says “The Indian space industry is on the cusp of a major transformation with increasing government expenditure on space, rapidly growing investment in the country's private space sector, and government’s policies encouraging commercial space ventures. India presents a very lucrative market with many opportunities for private players, and the Indian Space Research Organisation is a great ambassador for India in Space.”

The report highlighted the key challenges that lay ahead. These include the lack of local manufacturing capabilities for certain components, funding inadequacies, the need for a clear and comprehensive regulatory framework, and increasing competition from foreign players. To enable India's space sector to unlock its full potential, ten key imperatives have been identified. These include establishing clear and comprehensive regulations, attracting foreign investments, strengthening manufacturing capabilities, implementing formal support programs for start-ups, capitalizing on near-term opportunities, establishing accelerator and incubation centres, leveraging foreign expertise through collaborations, pursuing joint missions with other space agencies, establishing dedicated research and development centres for emerging space themes, and accelerating skill development.

By embracing these imperatives, India can position itself as a global powerhouse in the space industry, driving innovation, economic growth, and international collaborations. Four major trends mentioned in the report emerged as strategic turning points within the industry comprising the mass adoption of commercial satellite services, the development of commercial space stations, the in-space extraction and exploitation of resources, and the weaponization of space. The journey to reach the stars is challenging, but with determination, strategic planning, and concerted efforts, India can carve its path towards an extraordinary space future.

Barnik Chitran Maitra concludes: “India needs to encourage widespread adoption of satellite internet services and capitalize on its existing strengths in satellite and launch vehicle manufacturing. India should develop capabilities in high-potential sectors such as space mining and in-space manufacturing, venture into new space activities like space tourism and space entertainment and innovate in the realm of 'green space'. We are confident that this report will encourage relevant stakeholders to tap into opportunities in the Indian space market and present them with meaningful avenues of growth and collaboration while helping India realize its vision of becoming a global space powerhouse".

About Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation, and transformation in technology-intensive and converging industries. We navigate our clients through changing business ecosystems to uncover new growth opportunities. We enable our clients to build innovation capabilities and transform their organizations.

Our consultants have strong practical industry experience combined with excellent knowledge of key trends and dynamics. ADL is present in the most important business centres around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations.

For further information, visit: www.adlittle.com

OPPO Reno10 5G Redefines Portrait Photography With Telephoto Camera Across India

* Reno10 5G will go on sale on 27th July, 12AM, at INR 32,999 

* Reno10 5G comes with a sleek design and OPPO’s technologies such as SUPERVOOCTM, BHE, Dynamic Computing Engine

OPPO, the leading global smart devices brand, has announced that its Reno10 will go on sale on 27th July at INR 32,999. The handset will be available from 12AM onwards at OPPO E-Store, Flipkart, and mainline retail outlets.   

Ultra-Slim Body with 3D Curved Design  

The Reno10 5G sports an ultra-slim body—available in Ice Blue and Silvery Grey—with a 3D curved design that is light and easy to hold. It features a 120Hz 6.7-inch AMOLED display and a 93% screen-to-body ratio for a borderless and immersive viewing experience. It comes with a Dragontrail Star 2 display and a sturdy polycarbonate back. Its 2412×1080px screen is capable of 1 billion colours with HDR brightness of 950nits to deliver detailed and crisp visuals even under direct sunlight. Also, you get Dual Stereo Speakers--with Real Original Sound Technology, tested by Dirac—for a surround sound experience.

Telephoto Camera for Ultra-Clear Portraits 

The Reno10 5G packs a powerful camera system, comprising a 64MP OV64B ultra-clear main camera, a 32MP IMX709 telephoto portrait camera, an 8MP IMX355 112° ultra-wide camera, and a 32MP OV32C ultra-clear selfie camera. With this setup, users can capture every detail in pictures with exceptional clarity, whether in low-light, while shooting portraits, or even wide-angle shots.  

Fast, Safe & Secure Charging Experience     

Its 5000mAh battery—the largest ever in the Reno series—with 67W SUPERVOOCTM charges the device to 100% in 47 minutes. For users who are always on the go, a 30-minute charge is enough to juice the handset to 70%. 

Additionally, OPPO's award-winning Battery Health Engine (BHE) intelligently controls the current and voltage through real-time monitoring to prolong the charging lifespan. It ensures that the handset's battery maintains its health up to 80% even after 1,600 charge cycles to last over four years. 

Smooth Performance that Lasts Long 

The Reno10 5G runs on the MediaTek Dimensity 7050 SoC and comes with 8GB RAM, 256GB storage, and OPPO's RAM Expansion technology that allows users to extend RAM by another 8GB by borrowing from device storage. 

For efficient cooling, it employs high-performance T19 bi-layer graphite for heat dissipation and glitch-free usability. OPPO’s Dynamic Computing Engine on the Reno10 increases app opening speed by 12% in comparison to the last generation. Besides, it comes with 48-month-fluency, which means this device will perform as smoothly as a new phone even after four years. 

Smart Experiences

The Reno10 5G comes with an infrared remote-control app that lets you remotely control home appliances such as TVs, ACs, and set-top boxes among others. With its Multi-Screen Connect feature, the Reno10 5G can be connected to other devices, like a PC or a tablet, allowing users to simultaneously work across multiple screens. Its Smart Always-On Display lets users view updates on food delivery apps such as Swiggy and Zomato, and even control music on Spotify without unlocking the phone. 

The Reno10 5G supports two-year OS updates and three-year security updates.  

Offers

Customers can avail of the following offers on the first sale of the OPPO Reno10 5G:

Customers can avail instant INR 3000 discount on Flipkart and OPPO Stores when using HDFC, ICICI Bank, Axis Bank, and SBI Cards. Additionally, leading bank cardholders can benefit from a no-cost EMI option for up to 6 months.

Customers can avail a cashback of up to 10% from mainline retail outlets and no-cost EMI for up to 6 months from leading banks like SBI, Kotak Bank, Bank of Baroda, IDFC First Bank, One Card, and AU Small Finance. 

Customers can also avail a cashback of up to INR 3000 from consumer loan partners, TVS Credit, HDB Financial and IDFC First Bank. Additionally, customers can enjoy the benefit of Zero Down Payment schemes from leading financiers. 

OPPO customers can avail an Exchange + Loyalty Bonus of up to INR 4000 online and offline 

Users can enjoy free trials of YouTube Premium and Google One for up to 3 months through MyOPPO 

OPPO Premium Service Offer 

All the issues/queries will be resolved within 24 working hours by a team of dedicated experts (Exclusive hotline - 9958808080) 

Free pick up and drop facility available across 13,000+ pin codes with resolution of issues within 72 hours of the complaint. 

OPPO offers affordable EMI for the service/repairs of smartphones. Customers will have the option to decide on EMI instalment and tenure at their convenience. 

About OPPO Mobiles India Private Limited

OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO provides its users with the ColorOS operating system and internet services like OPPO Cloud and OPPO+. OPPO operates in more than 50 countries and regions with more than 40,000 of OPPO's employees are dedicated to creating a better life for customers around the world.