Monday, January 8, 2024

Ceat Indian Supercross Racing League Successfully Concludes Mega Rider Auction For Season One


-       Sri Lanka's Jacques Gunawardena clinched the highest bid of the auction, setting a record for Season One.

-       Ikshan Shanbhag, Shlok Ghorpade and Rugved Barguje emerged as the Indian riders with the highest bids during the auction.

-       Thomas Ramette secured the highest bid in the power-packed 450 cc international category.

-       Young talent Bhairav C Gowda grabbed attention with the highest bid in the 85 cc junior class.

-       ISRL also witnessed participation from Women riders Aleena Mansur Shaikh and Nithila Das as both get picked up by teams.

World's first-ever franchise-based Supercross league, the CEAT ISRL, successfully conducted its Mega Rider Auction for Season One at the prestigious JW Marriott in Pune yesterday, marking a significant milestone in ISRL’s journey. The CEAT Indian Supercross Racing League witnessed a total of 104 riders, including 73 international racers and 31 Indian riders. Each team was allowed up to 2 riders per category, with a maximum of 48 slots available. The cumulative auction kitty for Season One reached a monumental INR 6 Cr, underscoring the league's commitment to excellence.

In a riveting auction that unfolded among the six teams, the fiercely competitive 85 cc junior class ignited excitement as Bhairav C Gowda's standout performance earned him the highest bid, underlining his potential as a rising star. The power-packed 450 cc international category witnessed Thomas Ramette securing the highest bid. Meanwhile, breaking barriers in the sport, Aleena Mansur Shaikh and Nithila Das from the 85cc junior class emerged as two female riders called up by teams, emphasizing the growing influence of women in this high-octane world of Supercross. Remarkable stories continued to unfold with Ikshan Shanbhag and Shlok Ghorpade securing the highest bids for Indian riders during the auction. Adding to the intrigue, Sri Lanka's Nathan Alexander Gunawardena secured the highest bid of the auction which comes from the 250cc India-Asia Mix category, setting a record for Season One. The auction was marked by enthusiasm among bidders eager to secure Indian talent, adding a dynamic element to the competition.

Mr. Veer Patel, Director & Co-Founder of the CEAT ISRL, expressed his excitement about the auction's success: "The rider auction symbolizes more than just the acquisition of talent; it's a poignant moment in the evolution of motorsport. It's a testament to the spirit of competition, commitment to transparency and fairness, the pursuit of excellence, and the unity of a community driven by the love for off-road racing. This electrifying start sets the stage for an inaugural season that will not only redefine Supercross but also leave an indelible mark on the global motorsport landscape."

Among the roster of esteemed riders, the league proudly presents some of the most decorated names in Supercross. Notably, Matt Moss, a 9-time Australian MX and SX Champion; 4X Italian Supercross Champion Lorenzo Camporese ; 4X South Africa Champion Anthony Raynard; 2X European/French vice champion Thomas Ramette; Germany’s MXGP Racer Nico Koch; 3X India National champion Rugved Barguje, 2X Indonesia champion Ananda Rigi Aditya.

As the countdown to Season One begins, the CEAT ISRL is set to host an impressive line-up of international champions and rising Indian stars across four exhilarating categories, featuring the 450cc international riders, 250cc international riders, 250cc India-Asia mix, and the super competitive 85cc junior class

CEAT ISRL races are set to captivate audiences across three vibrant cities, promising a blend of fanfare, glamour, and high-octane racing excitement. These events will transcend the traditional racing experience, transforming into star-studded nights filled with top-notch entertainment and electrifying music. The league's commitment to creating an immersive and unforgettable atmosphere ensures that each race becomes a celebration of both motorsport excellence and a lively entertainment spectacle.

For more information on the CEAT ISRL Season One Rider Auction and updates on team selections, visit the official website at

https://indiansupercrossleague.com/.

Pramerica Life Insurance Launches New Brand Campaign, "This Is My Climb" Celebrating Purpose And Resilience At Every Life Stage"


* This is My Climb is an expression by Pramerica Life Insurance to celebrate the diverse journeys of resilience and purpose that define everyday life of it’s customers, partners and employees.

* The brand campaign launched on social and digital media aims to connect with it’s customers, partners, and employees at an emotional level, showcasing the brand standing by them in their unique climb towards their goals and aspirations.

Pramerica Life Insurance, one of the fastest growing life insurers in India, today announced the launch of its inspiring brand campaign, "This is My Climb." This powerful campaign, featuring two short films, aims to celebrate the diverse stories of purpose, aspirations, and resilience that define our individual journeys. The campaign while going beyond the traditional marketing approach, delves into the emotional core of human experience, resonating with individuals at every life stage.

"Just as every climb presents unique challenges and requires unwavering determination, so does the journey of life," said Pankaj Gupta, MD & CEO of Pramerica Life Insurance. "Through 'This is My Climb' campaign, we celebrate the different facets of purpose, commitment, and responsibility that each individual embodies. We want to be a rock-solid partner in our customers’ lives, the bedrock that they can rely on. Every climb, big or small, deserves a sturdy companion and we are committed to being that for all our stakeholders."

The campaign unfolds through two compelling short films. The first film paints a relatable picture of a father’s journey and aspirations. We see his commitment, how he sets aside his own dreams and desires to nurture his child's ambitions. Every hurdle, big or small, becomes a step towards his child’s future, a climb he ascends with determination and silent sacrifice. He embodies the spirit of every parent who chooses their child's dreams over their own, finding joy in their success and strength in their struggles.

The second film takes viewers on a poignant journey through the eyes of a defence personnel's family, showcasing their unwavering support and pride as he scales the heights of commitment and dedication. This film resonates deeply with Pramerica Life Insurance, the market leader in serving the defence community, its flagship business channel. The campaign is more than just messaging; it’s a heartfelt tribute to the heroes who stand guard and a promise to be with them and their loved ones through various facets of life. The subtle brand integration at the end of each film reinforces Pramerica Life Insurance's commitment to being a partner in every individual's climb.

The campaign has been launched on brand’s social media handles - Facebook, Instagram, YouTube, LinkedIn and will be amplified across various media platforms for a period of 6-8 weeks. The company plans to engage with its key stakeholders – customers, partners, and employees - through interactive initiatives and social media conversations, building a vibrant community around the campaign's message of purpose and resilience.

“The beauty of 'This is My Climb' lies in its breadth of perspectives”, said Karthik Chakrapani, Chief Business Officer of Pramerica Life Insurance. "From the ethos of a defence personnel and his family for the nation’s sovereignty to the determination of a father for his child’s future, each story resonates in its own unique way. We invite viewers to engage with these inspiring journeys, find common threads in their own climbs, and join us in celebrating the human spirit".

This campaign has been creatively developed by Publicis Worldwide India, under the leadership of Paritosh Srivastava - Chief Executive Officer, Oindrila Roy - Managing Director, Srijan Shukla and Pratheeb Ravi, Heads of Creative known for crafting compelling narratives. Their collective expertise and dedication have been fundamental in capturing the essence of human determination and purpose in these stories.

This is My Climb campaign promises to be a powerful and emotionally charged experience, reminding us that every life is a unique climb and that we all have the strength to reach our own personal summits.

About Pramerica Life Insurance Limited

Pramerica Life Insurance Limited is a joint venture between DIL, a wholly owned subsidiary of Piramal Capital and Housing Finance Limited and Prudential International Insurance Holdings, Ltd. (PIIH), a fully owned subsidiary of Prudential Financial, Inc. (PFI). Pramerica Life Insurance Limited represents the coming together of two renowned financial services organizations with a legacy of business excellence spread over decades. Pramerica Life Insurance Limited, started operations in India on September 01, 2008 and has a pan India presence through multiple distribution channels which have been customized to address the specific insurance needs of diverse customer segments. The Company is committed to providing protection and quality financial advice to its customers. Pramerica is the brand name used in India and select countries by PFI. For more details, visit www.pramericalife.in

About Piramal Capital & Housing Finance Limited

Piramal Capital & Housing Finance Limited (referred as Piramal Finance), a wholly owned subsidiary of Piramal Enterprises Limited (flagship company of the Piramal Group), is a housing finance company engaged in retail and wholesale lending. In retail lending, Piramal Finance is one of the leading players that addresses the diverse financing needs of the under-served and unserved people of ‘Bharat’ market. It has over 1 million customers and a network of branches across 318 cities/towns in 27 states. It offers multiple products, including home loans, loan against property, used car loans, small business loans to Indian budget conscious customers at the periphery of metros and in Tier I, II and III cities. In wholesale lending, it caters to both real estate as well as non-real estate sector and offers multiple products including construction finance, structured debt and senior secured debt. For more information visit: piramalfinance.com

About Prudential Financial, Inc.

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of December 31, 2022, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better by creating financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential's iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years. For more information, visit news.prudential.com

Galaxy Unpacked 2024: Opening A New Era Of Mobile AI


A revolutionary mobile experience is coming. Get ready to discover a new era full of possibilities with the latest Galaxy innovations, designed to transform how you live, connect and create. The new Galaxy S series will set a higher standard for the most intelligent mobile experience yet.

Experience the epic in everyday life like never before.

On January 17, Samsung Electronics will host Unpacked in San Jose. Join us as we unveil the latest premium Galaxy innovations, providing an all-new mobile experience powered by AI. The event will be streamed live on Samsung.com, Samsung Newsroom India, and Samsung’s YouTube channel beginning at 11.30 p.m. IST.

Stay tuned at News.samsung.com/India for all the upcoming teasers, trailers and news about Galaxy Unpacked 2024.

Leading E-Commerce SaaS-Platform Unicommerce eSolutions Limited Files DRHP With SEBI


Unicommerce eSolutions Limited (“The Company”), which is India’s largest e-commerce enablement Software-as-a-Service (“SaaS”) platform in the transaction processing layer, in terms of revenue for the financial year ended March 31, 2022 (Source: Redseer Report), has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”) for IPO.

Unicommerce is the only profitable company among the top five players in this segment in India during Fiscal 2022 (Source: Redseer Report). Established in 2012, Unicommerce has been PAT-positive since FY 21. As per the DRHP the company has a consistent track record of profitability and growth, with revenue growth of 52.56% and 47.55% over the previous fiscal years in FY 23 & FY 22, respectively.  For the period ended September 2023, Unicommerce achieved an Annual Recurring Revenue (ARR) of INR 103.74 Crores.

The offer comprises of an offer for sale aggregating up to 2,98,40,486 equity shares bythe  “Selling Shareholder” (The “Offer for Sale”) with face value of Rs. 1 each equity share. The offer for sale comprises of up to 1,14,59,840 equity shares by AceVector Limited (formerly known as Snapdeal Limited) (“Promoter Selling Shareholder”); up to 22,10,406 equity shares by B2 Capital Partners and up to 1,61,70,240 equity shares by SB Investment Holdings (UK) Limited (“Investor Selling Shareholder”)

A clutch of renowned investors, including Anchorage Capital Fund, Madhuri Madhusudan Kela, Rizwan Koita & Jagdish Moorjani, Dilip Vellodi and others recently acquired shares in the company.

IIFL Securities Limited and CLSA India Private Limited are the Book Running Lead Managers to the Issue.

The company’s suite of SaaS solutions enables end-to-end management of e-commerce operations for brands, retailers, marketplaces and logistics service providers.

Unicommerce serves a large and growing base of marquee clients in India. These include, among others, Lenskart, Fabindia, Zivame, TCNS, Mamaearth, Emami, Sugar, BoAt, Portronics, Pharmeasy, GNC, Cello, Urban Company, Mensa, G.O.A.T, Shiprocket, Xpressbees and others.

For the quarter ended September 30, 2023, the company had an annual run-rate of processing 763.82 million order items for 743 enterprise clients and 2,830 SMB clients. The company processed approximately 20-25% of India’s e-commerce dropship volume during Fiscal 2022 as per the Redseer Report.

Besides India, where Unicommerce has a majority of its clients, the company also has clients in six other countries, primarily in South East Asia and the Middle East.

The total addressable market (“TAM”) for players in the eCommerce enablement SaaS in the transaction processing layer is expected to be worth approximately US$ 4.1 billion in 2027. The growth is fueled by India’s fast-growing e-commerce market (estimated to grow at a CAGR of 25% to reach approx US$ 170 Bn by 2027), rising shipment volumes, the emergence of D2C brands, the transition of traditional brands to omnichannel, and the expansion of the warehousing industry in India.

Unicommerce is led by its Managing Director and Chief Executive Officer, Kapil Makhija. Unicommerce recently expanded its Board of Directors by inducting Manoj Kohli, Ullas Kamath, and Sairee Chahal as independent directors and Kunal Bahl & Rohit Bansal as non-executive directors.

DRHP Link: https://www.india.clsa.com/

Saturday, January 6, 2024

Samsung Opens Pre-Reserve For The Next Galaxy Smartphone In India


Samsung, India’s largest consumer electronics brand, announced the pre-reserve of its next flagship Galaxy smartphone, which will be unveiled later this month. Pre-reserved customers will be eligible for early access and special offers on purchasing the new Galaxy devices.

Customers can pre-reserve the flagship Galaxy devices by paying a token amount of INR 2000 on Samsung.com, Samsung Exclusive stores, Amazon.in and leading retail outlets across India. Consumers who pre-reserve will get benefit worth INR 5000. 

Since the introduction of the first Galaxy flagship, Samsung has been continuously enhancing and innovating the flagship experience for the consumers. With the next generation of the flagship, offering enhanced devices based on years of rigorous R&D and investment, Samsung aims to further drive the latest era of Galaxy innovation and consolidate its position as the industry leader.

Samsung will unveil its next generation of flagship devices at Galaxy Unpacked on January 17 in San Jose, California.

Governor of Bihar, Rajendra Arlekar Releases The Bubbles Of Memory Book Written By Dhruva Kumar


His Excellency Governor of Bihar Sri. Rajendra Arlekar launches THE BUBBLES OF MEMORY penned down by former secretary, Goa Legislature and retired secretary & Karnataka Legislative assembly secretariat Sri. TN Dhruva Kumar. Chief Guest Sri. Basavaraj Horatti - chairman Karnataka legislative council, Sri Vivek subba Reddy, president – Advocates Association and Sri. CS Shadakshari - president – NGO’s Association were present at the time of book release.  

This book titled was released by the governor of Bihar, in the presence of a galaxy of leaders talking to August gathering governor of Bihar in his presidential address said this book is most wanted for every legislature student to understand the life of Karnataka legislature. He praised Mr. Dhruva Kumar for having captured the most historic incidents of Karnataka assembly in his own style where real pictures will be reflected.  Mr. Dhruva's effort pending the parliamentary incidents is noteworthy..This book will definitely mark a new chapter in the Karnataka legislature.

Sri. Dhruva Kumar says “my Main inspiration to write this book was untold suffering during my tenure as additional secretary in Karnataka legislature and my ricketiest legislative experience which I had in Goa assembly secretariat  ...In order to reflect the transparency of my official life I have written it.

This book reflects the finest incidence of parliamentary importance and excellent reference to debating standards as well. The Author had vivid experience with all politicians of Goa and Karnataka.

Author has also recorded some of the important and enriching incidents that have happened in the Karnataka legislature...he has further mentioned the highest standard of debates in those days in comparative analysis of present day debates.

MuzigalLlaunches Its State-Of-The-Art Music Academy In, HSR, Bengaluru


* Muzigal continues to establish itself as a prominent player in the organized music education industry, expanding its reach and making a substantial impact.

* It’s the Fourth Muzigal academy in the state of Karnataka

Muzigal, India’s largest Music Education Platform, launched its 11th state-of-the-art music academy in Bengaluru. Located in HSR Layout, Bengaluru, the academy is spread over 1600 sqft and boasts of an unmatched ambience which is highly conducive to the learning of music including vocal and instrumental. In the presence of Chief Guest – Mr. Arun Sivag(Percussionist & Social Entrepreneur), Guests of Honour – Chiyo Kaiga & Kackey, super Duo from Japanese Brand “Seeds of the Earth”.

With a capacity to accommodate over 500 students, spread over multiple batches, the Music Academy at Sarjapur will offer lessons in Piano, Keyboard, Guitar, Drums, Carnatic Vocals, Hindustani Vocals, Western Vocals, Violin and Ukulele. For the inaugural month, post the launch of the Music Academy, Muzigal is offering 1-month of free music education with all enrolments.

Muzigal’s state-of-the-art academy is setting a gold standard in music education by providing a 360-degree framework in the music learning and teaching eco-system with online, offline and music instruments’ shop-front integrated into one platform.

Speaking at the launch of Muzigal’s HSR Layout Academy, Muzigal’s VP Mr.Udeeksh Sood said, “The Muzigal Academy builds on our mission of democratizing music education by giving learners access to a state-of-the-art learning center in their own community. This will represent the best learning and teaching experience one could hope for in music. It will cater to the widest range of courses in Indian classical and western music taught by expert music teachers. In addition to these, a structured curriculum, periodic assessments, certification, flexible fee payment plans, highly trained teachers, and easy access, make it learner-centric at heart.”

With over 10,000 students spread across India, USA, UK, Australia, and UAE, supported by 400+ trained music teachers and over 40,000 classes completed successfully, Muzigal has helped students fulfil their music aspirations globally, whether they are hobby learners or serious learners hoping to achieve Trinity grade certification.

Traditional music institutions in India have mostly remained as mom-and-pop shops, home tuitions or through some of the large boutique institutions that are either restricted to certain geographies or limited only to advanced level of music learners that are not built to scale with a tech stack behind them. Muzigal’s academy epitomizes and reimagines neighbourhood music academies with state-of-the-art infrastructure, wide choice of music courses, dedicated staff, trained teachers and a shop front. Muzigal invites learners of all age groups and walks of life to come and join the fun.

Muzigal provides a comprehensive approach to music education by leveraging its online presence, offline academies and expert teachers to address the needs of music learners. This approach ensures that students have the resources and guidance necessary to achieve their musical aspirations.

The HSR Muzigal Academy is located at 1656, 3rd floor, 27th Main Rd, Sector 2, Parangi Palaya, 1st Sector, HSR Layout, Bengaluru, Karnataka 560102

About Muzigal

Muzigal was born with a vision to democratize the music education space and with a mission to make structured music education accessible and affordable - be it online or offline - across the world which has largely remained unaddressed.

Muzigal is India’s first “phygital” music ecosystem which allows students to pursue their music aspirations through an online, offline or a combination of online+offline teaching methodology. Our platform makes the entire Music learning seamless and smooth right from booking, scheduling, live video, and messaging between the student and teacher.

Muzigal is the brainchild of Dr. Lakshminarayana Yeluri, a serial entrepreneur and a music aficionado who has taken it upon himself to democratize music learning and to ensure no aspiring musician is deprived of the opportunity to learn from the best teachers there are.

For more information visit Muzigal’s website https://muzigal.com/

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