Monday, August 28, 2023

Housing.com Partners With international Insurtech Platform BOXX, Launches ‘Cyber Protect’


* Cyber Insurance is powered by Bajaj Allianz General Insurance

Furthering its quest to build a comprehensive app within the Indian PropTech space, Housing.com joins forces with international Insurtech leader BOXX. This dynamic collaboration pioneers digital security for Indian homebuyers by introducing the comprehensive 'Cyber Protect' Plan.

With support from BOXX & Bajaj Allianz General Insurance, the plan empowers customers to safeguard their digital lives and secure them against digital fraud—all for an affordable monthly premium of just  INR 199.

Considering an alarming 18% surge in cyber-attacks during the first quarter of 2023 in India, individuals are increasingly exposed to sophisticated scams and frauds. The unprecedented growth of smart devices escalates India's vulnerability, prompting the need for enhanced cyber protection.

'Cyber Protect', supported by Bajaj Allianz General Insurance and skilfully crafted by BOXX, is a comprehensive cyber security plan now accessible to Housing.com's valued customers. Through the Housing.com App and Web Portal, BOXX's sophisticated online insurance platform offers a seamless experience to acquire this carefully tailored protection plan.

This added safeguard protects financial transactions and contributes to an overall secure online environment. Whether purchased individually or added during rent payments, 'Cyber Protect' is a pillar of defence for custmores’ online financial security.

Mr. Dhruv Agarwala, Group CEO, Housing.com, PropTiger.com & Makaan.com, said, "With this partnership and our ongoing commitment to simplicity, we are transforming the traditionally complex and stressful processes of buying, selling, or renting homes. Our focus remains steadfast: to empower our customers with seamless solutions for their housing journeys."

Mr. Vishal Kundi, CEO of BOXX Insurance, echoes the sentiment, stating, "We are incredibly proud to join forces with Housing.com, empowering their vast user base with unrivalled cyber protection. This seamless amalgamation enables customers to embrace our comprehensive plan, fortifying their digital lives as they embark on the exciting journey of moving into their new homes."

With elements like Funds Insurance, Identity Monitoring, and Digital Risk Assessment, the 'Cyber Protect' plan prioritizes Housing.com's customers' well-being amidst the fast-growing cyber threat landscape. By mitigating risks during online payments, Housing.com underscores its unwavering commitment to user data safety.

Mr. Sangeet Aggarwal, Head of Product & Design, Housing.com, said, "With this collaboration, we're pioneering digital security for Indian homebuyers. Our 'Cyber Protect' plan empowers customers to secure their digital transactions and dream homes with ease and confidence. This is crucial in light of the alarming 500 million cyber-attack attempts in India during Q1 2023. As we simplify the home buying journey and prioritize consumer well-being, enhanced cyber protection is paramount.”

As the country’s leading full-stack PropTech platform, Housing.com remains dedicated to enhancing the value proposition for its consumers and customers. The alliance with BOXX aligns with Housing.com's vision of offering unparalleled services to its users, fostering a secure and seamless experience throughout the home buying and renting journey.

About Housing.com:

Established in 2012 and later acquired by REA India in 2017, Housing.com has emerged as India's foremost comprehensive prop-tech platform for homeowners, home seekers, landlords, developers, and real estate brokers. With an extensive range of listings including new homes, resale homes, rentals, plots, commercial spaces, and co-living spaces throughout India, Housing.com offers unparalleled services in the real estate industry. Powered by robust research, data, and insights, our platform delivers a comprehensive suite of real estate solutions, encompassing advertising, marketing, sales solutions for developers and brokers, personalized search, virtual viewing, AR&VR content, home loans, a variety of DIY services for homeowners and seekers, as well as post-transaction services for consumers.

As a subsidiary of REA Group Ltd. (ASX: REA), REA India (formerly known as Elara Technologies Pte. Ltd.) stands as the preeminent real estate technology platform in the country, overseeing Housing.com, Makaan.com, and PropTiger.com. With 24 offices strategically located across India, including our corporate headquarters in Gurugram, Haryana, REA India maintains a national presence, delivering exceptional real estate services to clients.

To explore further information about our company and the wide range of services we offer, kindly visit our website at http://www.housing.com/.

About BOXX

Pioneering the international insurtech landscape, BOXX stands as a leading provider of technology-enabled cyber protection and insurance ecosystem worldwide. Boasting a global presence and an extensive suite of digital capabilities, BOXX caters to the discerning needs of customers across North America, Asia, and Europe.

o9 Solutions Announces Hyderabad Office And Strategic Partnership With Telangana Government To Develop Supply Chain Talent


* Hyderabad To Become A Hub For o9 India’s R&D And Global Delivery Operations

* o9 will develop a specialized “Supply Chain Skills Academy” in partnership with Telangana government to meet the talent needs of global companies

o9 Solutions, a leading AI powered software platform used by global manufacturers and retailers to plan their supply chains, today announced that it will immediately be starting o9 Hyderabad, expanding its already-large operations in India. The Company also announced that in partnership and collaboration with the Telangana government, it will develop a specialized “Supply Chain Skills Academy” that will help make Hyderabad a world-class talent hub for meeting the growing demand for skilled supply chain management employees from global companies.

o9 Hyderabad will be a hub for expanding its R&D, Product Management and Global Delivery operations in India. Today, o9 operates 17 offices throughout North and South America, Europe, Asia Pacific and India. Currently, o9 has approximately 1,600 employees in India. These employees have specialized skills spanning R&D, Product management, Implementation and Customer Support functions, supporting the Company’s global operations.

Additionally, the world’s leading Solution Integrators (SIs) and professional services companies are developing implementation practices with thousands of consultants to serve the demand from global companies for o9 software. Hundreds of the world’s largest enterprises across a wide range of industries leverage o9’s AI-powered Digital Brain platform to transform their supply chain, commercial and integrated business planning and decision-making capabilities.

“We have been especially impressed with the growth of Hyderabad’s infrastructure to absolutely world-class standards. Our fruitful conversations with the honorable Minister for Industries and Commerce, Mr. K. Taraka Rama Rao, during his recent visit to Chicago, reinforced our conviction that Hyderabad is the right place for o9 India’s next phase of growth. We are thrilled to be starting o9 Hyderabad immediately,” said Chakri Gottemukkala, Co-Founder and CEO, o9 Solutions.

“It’s an honor to have a world-class, fast-growing software company like o9 come to Hyderabad and grow this to be its hub for India operations and supporting global growth,” said Mr. Kaivakuntla Taraka Rama Rao (KTR), Minister for Municipal Administration and Urban Development, Industries and Commerce, Information Technology, Electronics and Communications of Telangana, India. “Chakri and Sanjiv Sidhu, o9’s Co-Founders, are not just exceptional entrepreneurs and foremost experts in supply chain technology, they also have deep Hyderabadi roots. As such, we look forward to partnering with them closely to help make Hyderabad and Telangana a hub for delivering world class supply chain talent to global companies,” Mr. KTR added.

To learn more about o9 Solutions, visit www.o9solutions.com.

Air India Set To Shift Flight Operations From Terminal 1 To Terminal 2 At Kempegowda International Airport, Bengaluru From August 31, 2023


Air India, India’s leading global airline, will shift its flight operations from Terminal 1 to Terminal 2 at Kempegowda International Airport in Bengaluru from August 31, 2023.

From 00:01Hrs of 31st August, all Air India operations, domestic and international, will operate to and from Terminal 2 of the airport except for AI176 from San Francisco, which will land at Terminal-1 on 31st August 2023 only. Air India is making every effort to ensure the transition experience is smooth and convenient for its passengers.

As part of its proactive initiatives, Air India is reaching out to its passengers through different communication platforms to keep them informed.  

0124 264 1407 

020 2623 1407 

020 26231407 

About Air India:

Founded by the legendary JRD Tata, Air India pioneered India’s aviation sector. Since its first flight on October 15, 1932, Air India has built an extensive domestic network with non-stop flights to cities around the world, across the USA, Canada, UK, Europe, Far-East, South-East Asia, Australia, and the Gulf. After 69 years as a government-owned enterprise, Air India and Air India Express were welcomed back into the Tata group in January 2022.

Air India is navigating through a major five-year transformation roadmap under the aegis of Vihaan.AI, with an ambition to become a world class airline with an Indian heart. The first phase of this transformation, the taxi phase was recently concluded, and focused on fixing the basics. These included bringing back to service many long grounded aircraft, addition of talent across flying and ground functions, rapid upgradation of technology and strengthening of customer care initiatives amongst others. 

A member of Star Alliance, the largest global airline consortium of leading international airlines, Air India offers seamless connectivity and facilities to passengers all over the world.

Toyota Kirloskar Motor Opens Bookings For The All New Toyota Rumion With Prices Starting At Rs. 10,29,000/-


-Bookings start at a token amount of Rs. 11,000/-

Toyota Kirloskar Motor (TKM), today, officially announced the start of bookings and the prices of its latest offering - The All New Toyota Rumion which was  launched earlier in the month of August’23, generating much excitement amongst customers. Available in six grades, this extraordinary new compact B-MPV is expected to set new standards with its unmatched space and comfort, excellent fuel efficiency, stylish and premium exterior design.

The latest offering by TKM will be available at attractive ex-showroom prices from Rs. 10,29,000 to Rs. 13,68,000 with deliveries expected to commence from 8th of September onwards. 

This 7-seater MPV is powered by the 1.5-litre K series petrol engine, featuring the Neo Drive (ISG) technology and E-CNG technology, ensuring responsive performance and remarkable fuel efficiency of 20.51 km/l for the Petrol variant and 26.11 km/kg for the CNG variant. Available in 5-speed Manual Transmission and a smooth 6-speed Automatic Transmission, the new offering boasts of advanced technology including a 17.78 cm Smartplay Cast Touchscreen audio system with wireless Android Auto and Apple CarPlay. Equipped with Toyota i-Connect, it offers remote control of climate, lock/unlock, hazard lights and many more connected features. The All New Toyota Rumion also prioritizes safety for its owners with advanced safety features like dual front and front seat side airbags, ABS with EBD, Engine immobilizer, Electronic Stability Program (ESP) and more.

Furthermore, this new B-MPV brings in a stylish and premium exterior design for a tough appearance with robust characteristics like Toyota MPV signature front grille, Front Bumper with chrome finish, LED tail lamps with back door chrome garnish and machined two tone alloy wheels that exude style and sophistication. The luxurious interior offers premium dual-tone with wooden finish dashboard and door trims, premium dual-tone interiors, and a range of convenient amenities.

Making the announcement, Mr. Atul Sood, Vice President - Sales and Strategic Marketing, TKM said, “We feel deeply humbled and honoured by the overwhelming response in terms of customer enquiries that the All New Toyota Rumion has received. We are delighted to announce the commencement of bookings and the prices for the much-awaited All New Toyota Rumion that starts from Rs. 10,29,000. Delivery of the vehicles for the customer who book the All New Toyota Rumion, will commence from 8th of September 2023.

In line with the brand’s customer centric approach, we continuously study the market to understand changing customer preferences and focus on delivering them ever-better cars. We strongly believe that with its unmatched space, advanced features, and exceptional performance, backed by Toyota’s value added proposition and excellent after sales service, the All New Toyota Rumion will become a preferred choice for the discerning families looking for a pleasurable ownership experience, ensuring every drive is filled with comfort, joy, and peace of mind.”

The Toyota Rumion is packed with the legacy of Toyota service offerings with a host of customized finance schemes and unmatched value additions to enhance the customer ownership experience. The offers include – finance options for Value Added Services like Extended Warranty & Toyota Genuine Accessories, focusing on affordability and flexibility that will be beneficial to the customers. Other options include upto 8-year finance schemes, low EMI with increased affordability, pre-approved funding for value added services and Toyota Smart finance [ Balloon Finance] to support aspirational buying and present customers with a wide variety of choices.

Other value benefit services also include Toyota’s newly introduced 5-year complimentary Roadside assistance, warranty – standard warranty of 3 years/1,00,000 km, which can be extended to 5 years/2,20,000 km at a nominal cost.

Customers can now book the All New Toyota Rumion, at a token amount of Rs,11,000 at their nearest dealer outlet as well as online at http://www.toyotabharat.com. Toyota's virtual showroom that houses all the Toyota products, offers a 360-degree view of the latest introduction, allowing customers to explore variants, colors, and key features in just a click with utmost convenience. 

Gulf Oil Shifts Gears With A Controlling Stake In Tirex Transmission, A Leading DC Fast Charger Manufacturer For Electric Vehicles


• To invest ~ INR 103 Crores to Acquire 51% Stake

• This Marks the Third Significant Investment in EV Charging in line with Gulf’s Global Mobility strategy.

• The Acquisition Positions Gulf Oil to capture a share of India Market potential evaluated at USD 1 Billion to USD 1.4 Billion in 5-7 years.

In a strategic move to bolster its presence in the Electric Vehicle (EV) segment, Gulf Oil Lubricants India Limited (GOLIL), a Hinduja Group Company, announced to acquire controlling stake in Tirex Transmission Pvt Limited for ~ INR 103 Crores subject to the completion of definitive agreements and the satisfaction of predetermined closing conditions.

This is part of Gulf’s global ambition towards being a leader in the EV charging ecosystem, a market which is already valued at $20 Bn currently and expected to cross $200 Bn by 2030. As part of the same, GOLIL and its parent Gulf Oil International (GOI) have invested in Indra Renewables- a UK based AC charging (slow charging) company with a ~8% share of the UK home charging market. Indra has developed a leading bi-directional charging technology enabling V2G and V2X configurations. GOLIL has also invested in ElectreeFi, a leading EV SaaS player which provides charging management software (CMS) solutions for major OEM’s in India. The investment in Tirex, which is a manufacturer of DC Fast Chargers, will enable Gulf towards a synergistic end to end play in the global EV charging ecosystem.

Tirex Transmission is a key player in manufacturing DC Fast Chargers for EVs in India. With a track record of deploying over 400 high-capacity EV fast chargers across the country. It has carved a niche for itself as a leading technology player and a reliable brand in the fast-charging domain, with its comprehensive range of DC chargers, spanning from 30KW to 240KW. Tirex caters to a diverse clientele, including PSUs, Charge Point Operators (CPOs), Automotive OEMs, and Retail with range of chargers available for all vehicles types, including e-Buses.

Projections from the India Energy Storage Alliance (IESA) suggest a demand surge for around 1 million chargers by 2030, translating to a potential market value ranging from $1 billion to $1.4 billion in India alone. Further, there is a multi-billion-dollar opportunity in the global market where DC Charging is a fast-growing segment. Coupled with Tirex’s differentiated technology roadmap, Gulf is well positioned to capture a significant global market share in the coming years.

Mr. Ravi Chawla, MD & CEO of Gulf Oil Lubricants India Ltd, said, "This acquisition of majority stake in Tirex aligns with our commitment to expanding our footprint in the EV landscape and make a significant play in EV value chain where Gulf in India and globally, in recent years, have already invested in a slow AC charger company Indra Technologies, UK and ElectreeFi, an EV SaaS provider. Tirex's strong performance in the DC charger market, combined with Gulf Oil's robust brand strengths, distribution reach and relationships with OEMs & Infra/B2B customers, sets the stage for a synergistic partnership. Our combined strengths will undoubtedly pave the way for groundbreaking advancements in EV charging, both domestically and internationally in line with our Global Mobility strategy.”

He added, “Tirex is respected for its innovation and customer service, which align with our vision, and their products are well established with a diverse range of customers. It's an exciting time for us to be working together. We plan to leverage our current business model to penetrate the EV market and accelerate our growth plans."

Echoing this sentiment, Mr. Arth Patel, CEO of Tirex, stated, "Aligning with a global powerhouse like the Hinduja Group heralds a transformative chapter for Tirex. As we continue our journey in the rapidly evolving EV charger space, this collaboration will undoubtedly amplify our growth trajectory and technological advancements, fortified by Gulf Oil's financial strengths, extensive reach and business expertise."

The capital infusion into Tirex is earmarked primarily for invigorating R&D initiatives and scaling up production capacities and extending the service network. A concentrated push towards obtaining EU and UL certifications, backed by Gulf Oil International, will further solidify Tirex's global outreach. Gulf Oil's acquisition of Tirex accentuates its holistic approach to the EV charging ecosystem, dovetailing seamlessly with its prior investments in the Slow Chargers sector as this completes the portfolio of Slow AC chargers and DC fast chargers within Gulf globally. This strategic alignment fortifies Gulf Oil's ambition to emerge as a one-stop solution provider, addressing the entire spectrum of EV charging needs.

Ambuja Cements & ACC Hold “Concrete Talk” With Leading Engineers And Architects


EDITOR’S SYNOPSIS 

* ‘Concrete Talk’ is Ambuja Cements and ACC’s outreach initiative to help customers make the right choices when they buy cement and other related building materials.  

Ambuja Cements and ACC host workshops to assist construction industry professionals understand the value of composite cement in construction.  

Ambuja Cements and ACC, the cement and building material companies of the diversified Adani Group,as part of its initiative to support professionals from the construction industry held “Concrete Talk”, a day-long workshop focused upon value of composite cement, concrete technology, and aimed to educate engineers and architects regarding sustainable concrete with mineral admixture. 

‘Concrete Talk’ is a part of Ambuja Cements and ACC’s outreach programme that aims to help customers take informed decisions when they buy cement and other building materials.  The companies expect to achieve this objective by educating engineers and architects about products and best practices that will deliver better results for their customers in terms durability and environmental sustainability. 

These workshops focused on utilising composite cement in Reinforced Cement Concrete (RCC) structure by using Pozzolanic and GGBFS to build a durable structure and foundation and on sustainable concrete with mineral admixture highlighting the effects of this mixture on durability.  

Mr. Ajay Kapur, CEO, Cement Business, said, “Through initiatives like ‘Concrete Talk’, we help cement buyers to take well-informed decisions and train them to use our products for achieving best results. We believe this can be best achieved by educating professionals in the construction industry like architects and engineers understand our products better. We are also using it as an opportunity to help cement buyers understand the use of eco-friendly products and educate on sustainable construction practices.” 

The strength of Ambuja Cements and ACC brands have been recently validated when TRA Research recognised them as India’s ‘Most Trusted Cement Brands’ in its 2023 Brand Trust Report. 

BMW Group India Appoints KUN Exclusive As Its Dealer Partner In Bengaluru


* Navnit Motors to transition its business and operations in Bengaluru to KUN Exclusive in pursuit of their strategy to explore new engines of growth and through consolidating business operations.

* Seamless business continuity ensured for BMW and MINI customers as Sales and Service Locations remains the same and existing employees will continue to work under BMW Banner.

* #BMWIndia #SheerDrivingPleasure #MINIIndia #BIGLove

BMW Group India announced the appointment of KUN Exclusive as its dealer partner for Bengaluru.

After successful operations in Bengaluru since 2007, Navnit Motors has transferred its business and operations in Bengaluru to KUN Exclusive in pursuit of strategically bolstering its operations in Mumbai. Seamless business continuity will be ensured for existing BMW and MINI customers with complete understanding of their needs as the existing Sales and Service locations remains the same and existing employees will continue to work under the BMW banner.

Mr. Vikram Pawah, President, BMW Group India said, “I would like to thank Navnit Motors for their valuable contribution and unwavering commitment to BMW and MINI customers in Bengaluru. We recognize their accomplishments and wish them great success for future. Bengaluru is an important market for BMW Group India, and we are committed to serve our customers with best-in-class service. We are excited to appoint our trusted partner KUN Exclusive as the dealer partner in Bengaluru. Their knowledge of current trends in the luxury industry, attention to needs of our esteemed clientele and curation of bespoke experiences will be instrumental in creating a complete customer centric engagement.” 

Mr. Sharad Kachalia, Dealer Principal, Navnit Motors said, “BMW holds a special place for Navnit Motors and our journey has been rewarding and continues to be a memorable one. As we align to newer and more focused strategic growth vectors, Navnit Motors will concentrate on further growing its business operations in Mumbai. We now pass the baton in Bengaluru into the safe hands of KUN Exclusive. We would like to thank our customers for their loyalty and assure a smooth transition to KUN Exclusive. We also thank BMW Group India for their continuous support and close collaboration during this phase. We look forward to setting higher benchmarks in providing world class services to our discerning customers in Mumbai.”

The Bengaluru dealership is headed by Ms. Vasanthi Bhupati, Dealer Principal, KUN Exclusive.

KUN Exclusive also represents BMW Group India with sales and service facilities in Tamil Nadu (Chennai, Coimbatore, Madurai), Andhra Pradesh (Vijayawada, Vizag) and Telangana (Hyderabad).

Ms. Vasanthi Bhupati, Dealer Principal, KUN Exclusive said, “KUN Exclusive’s partnership with BMW Group India has flourished year on year and we are very proud of the growth we have achieved. With thriving business operations in Tamil Nadu, Andhra Pradesh and Telangana, establishing a new presence as the dealer partner in Karnataka is another step in building our legacy in the country. We thank BMW Group India for this opportunity and are excited to add another chapter of success to our story. We promise the same unparalleled services and luxurious experiences to BMW and MINI customers in Bengaluru they have always enjoyed and look forward to welcoming new ones to KUN Exclusive family.”

After the transfer of operations, KUN Exclusive will sell and service BMW, MINI and BMW Premium Selection vehicles as usual. 

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