Pre-Launch Bookings Open For The First-Ever All-Electric BMW i5 M60 xDrive

* The much-awaited all-electric performance sedan will be available in limited quantities.

* Combination of a particularly powerful electric drive delivering 600 hp with hallmark M driving characteristics.

* #BMW #BMWi5 #BMWIndia 

BMW India will open bookings for the first-ever all-electric BMW i5 from 12:30 Hrs, 04 April 2024 onwards. The car will be available in the country as a Completely Built-Up (CBU) model and can be booked at the BMW dealership network and through BMW Online Shop.

Mr. Vikram Pawah, President, BMW Group India said, “We are very excited to announce the pre-launch bookings of the first-ever BMW i5 M60 xDrive in India. The BMW i5 M60 xDrive is an epic athlete - it captivates from start to finish, and leads with elegant design, innovative technology and dynamic performance. BMW Group India has been a leader in the electric luxury car segment for two consecutive years, offering the most versatile portfolio - BMW i7, BMW iX, BMW i4, BMW iX1 and MINI SE. With the introduction of the first-ever BMW i5 M60 xDrive, we will further enhance the exceptionally diverse and innovative lineup of electric vehicles, and strengthen BMW Group India’s position in the Indian electric luxury car segment.”

The first-ever BMW i5 M60 xDrive combines the power of BMW M and the innovation of BMW i, and is precision-built for action and adrenaline. The BMW i5 M60 xDrive combines an output of up to 442 kW/601 hp drive with hallmark M performance and specific design features. The system torque generated of 820 Nm enables the BMW i5 M60 to accelerate from zero to 100 km/h in just 3.8 seconds, while delivering a WLTP range of up to 516 km.

Customers can visit https://www.bmw.in/i5M60 and explore a 360° view of the car’s exterior and interior. They will be directed to a bookings page where booking can be done through a secure online payment mechanism. Deliveries will be done on a first-come-first-serve basis starting May 2024.

Inauguration of Food Pod Marks Milestone In Culinary Education At WGSHA, MAHE

The Welcomgroup Graduate School of Hotel Administration (WGSHA), a constituent college of Manipal Academy of Higher Education (MAHE), proudly inaugurated its Food Pod today in a ceremony graced by esteemed dignitaries. Smt. Vasanti R Pai, Trustee of MAHE Trust, inaugurated the Food Pod in the presence of Pro-Chancellor Dr H S Ballal, Vice Chancellor Lt. Gen. (Dr.)  M D Venkatesh, and other officials from MAHE.

This pioneering initiative, spearheaded by WGSHA, sets a new standard in hospitality and culinary management education in India. Speaking at the occasion, Pro-Chancellor Dr H S Ballal commended WGSHA for its forward-thinking approach and commitment to innovation. "The inauguration of the Food Pod marks a significant milestone for WGSHA and MAHE," stated Dr. Ballal. "This initiative not only enriches the learning experience of our students but also underscores our dedication to staying at the forefront of educational excellence."

Vice Chancellor Lt. Gen. (Dr.) M D Venkatesh emphasized the transformative impact of the Food Pod on the educational landscape. "The Food Pod represents a paradigm shift in culinary education," remarked Dr. Venkatesh. "It provides students with invaluable real-world experience while promoting sustainable practices and local empowerment."

WGSHA, renowned for its pioneering strides in hospitality and culinary management education in the country, now adds another feather to its cap with the establishment of the Food Pod. Speaking at the inauguration, Chef K Thirugnanasambantham, Principal, WGSHA,  emphasized the uniqueness of this initiative, highlighting WGSHA's pride in being the first college in the country to embark on such endeavours.

"This Food Pod is one of its kind in the country" It provides our students with a remarkable opportunity to learn the commercial aspects of operating a food establishment, thereby honing their skills in culinary and operational management. In addition to our existing restaurants and cafes, this hands-on experience will enrich their educational journey."

MAHE is set to become the first university campus in the country to operate a Food Pod, setting a precedent in culinary education. The menu will predominantly feature local produce, emphasizing empowerment and sustainability principles. Chef K Thiru extended gratitude to MAHE and the leadership team of ITC for providing this unique opportunity to WGSHA students. Equipped with state-of-the-art facilities, the Food Pod is capable of catering to a variety of cuisines, including Quick Service Restaurant (QSR) offerings.

The inauguration of the Food Pod signifies WGSHA's commitment to offering holistic education that prepares students for the dynamic landscape of the hospitality industry. With this initiative, students will not only gain theoretical knowledge but also practical experience in food entrepreneurship and sustainability practices.

Motorola Launches “motorola edge 50 pro” In India With True Colour Camera And Display - Validated By Pantone, Disruptive AI Features

Highlights

The India launch of Motorola edge 50 pro is the global first announcement for the product.

The motorola edge 50 Pro features the World’s 1st AI Powered Pro Grade camera validated by Pantone to confidently capture true-to-life colors – the way you see them with your eyes.  

The phone’s camera also boasts of segment’s widest aperture (f/1.4) primary 50MP 2um Camera with OIS, a Telephoto lens with OIS and 30X Hybrid zoom and segment’s highest 50MP Selfie Camera with Auto Focus.

The motorola edge 50 Pro also features the World’s 1st 1.5K True Color Pantone Validated 3D curved Display phone with 144Hz refresh rate, 10 bit HDR10+, and 2000nits of peak brightness

The motorola edge 50 Pro is beautifully crafted with a harmonious design in Silicone Vegan Leather Finish along with Metal Frames and also features the World’s 1st Handmade design in Moonlight Pearl Finish and comes with an IP68 underwater protection.

Motorola edge 50 Pro brings exciting native AI enabled features with moto AI including AI Generative Theming, AI Photo Enhancement Engine, AI Adaptive Stabilization and more

The smartphone is powered by Snapdragon® 7 Gen 3 that boasts powerhouse performance and supports extensive AI experiences on the motorola edge 50 pro.

It also comes with Segment’s 1st and Only TurboPower™ 50W wireless charging along with 125W TurboPower™ charging and 10W reverse power sharing

motorola edge 50 Pro will go on sale at an effective price starting just 27,999* including a limited period introductory offer on Flipkart, Motorola.in and leading retail stores across India, starting 9th April 2024.

Motorola, India’s best 5G smartphone brand hosted the global first launch in India for its new premium smartphone – the motorola edge 50 Pro, the latest addition to its edge franchise. This smartphone is a quintessence of intelligence meeting art and is set to disrupt the premium smartphone segment. This smartphone features the World’s 1st and only AI Powered Pro-Grade Camera with True colors and vast range of human skin tones validated by Pantone1 and also the World’s 1st and only True Color Display on a smartphone, validated by Pantone. The motorola edge 50 Pro further boasts a beautifully crafted harmonious design and comes in the World’s 1st Handmade design in Moonlight Pearl Finish, handcrafted in Italy at its back. Additionally, it also features a powerful Snapdragon® 7 Gen 3 processor offering generative AI features and other disruptive features such as a blazing fast 125W TurboPower™ charging, 50W wireless charging, IP682 underwater protection and up to 12GB RAM with a 256GB Storage.

Equipped with the World’s 1st AI Powered Pro-Grade Camera with true color output validated by Pantone, the motorola edge 50 Pro is loaded with advancements that turn everyday moments into beautifully captured memories. The camera meets Pantone’s evaluation and grading criteria by authentically simulating the full range of real-world Pantone Colors.  Furthermore, Pantone SkinTone™ Validated assures the camera captures results representing the vast spectrum of human skin tones.

The advanced camera system of the motorola edge 50 Pro utilizes the power of moto ai to deliver phenomenal performance enhancements in both photos and video. The new AI Photo Enhancement Engine makes it effortless to capture perfect photos with every shot. No professional expertise required, it uses AI to simultaneously apply settings from multiple shooting modes into one to deliver peak quality. The engine uses AI to finetune the image for optimal detail, clarity, highlights, shadows, color, and bokeh.

When users want to capture all aspects of life in motion, a suite of new features makes it easier than ever. These features include:

AI Adaptive Stabilization that uses AI to determine the speed of movement while filming, and dynamically adjusts the stabilization level for the best results.

Intelligent Auto Focus Tracking that provides sharp, clear videos by using AI to keep the subject in focus even as it moves through the frame.

Action Shot which automatically increases and adjusts your shutter speed based on different lighting conditions. Using AI, the camera improves the details when light levels are poor and noise is high.

Plus, with the motorola edge 50 pro, Motorola is introducing the Style Sync feature, that uses generative AI to produce a set of four wallpaper options based on the user’s outfit, so they can tailor their phones with their personal style. Users can choose among different options and apply it directly to their wallpaper.

Loaded with exceptional features, its 50MP main camera with f/1.4, the widest aperture available in a smartphone, lets in 64% more light for better low-light performance and natural soft-focus backgrounds. The camera system also features instant all-pixel focus with 32x more focusing pixels for faster, more accurate performance in any condition, and OIS eliminates unwanted shakes for crystal clear photos. The motorola edge 50 Pro captures over a billion shades of color along with rich, vibrant details owing to its 4K HDR10+ recording capabilities. The rear camera also features a 13MP Ultrawide + Macro Vision sensor and 10MP telephoto camera with OIS featuring 3X optical and 30X hybrid zoom for capturing a wide range of scenes with precision and clarity. Moreover, the front camera also comes with a 50MP sensor which is the segment’s highest resolutions in its class, coupled with Quad Pixel technology which combines every four pixels into one for exceptional results.

The motorola edge 50 Pro comes with a nearly borderless 6.7" 1.5K Super HD (1220p) pOLED display that produces vibrant pictures with sharper detail and less pixelation, delivering 13% better resolution than the previous generation. It is the world’s 1st and only True Colour - Pantone Validated display on a smartphone, where users can confidently view color and skin tone in the way the content creator intended. The incredible display also features an unbelievably fast 144Hz refresh rate which adjusts automatically based on the type of content on the screen. Users can also experience faster responsiveness with a low latency 360Hz touch rate. All this with a peak brightness of 2000 nits. The motorola edge 50 Pro also flaunts a curved, endless edge display that’s virtually free from bezels and is thoughtfully crafted with a sense of harmony.

Its symmetrical curves flow through every element of the design and perfectly fit the contours of the hand, providing an impeccable in-hand feel. The smartphone comes in various colour options and two finishes. A soft, natural-feeling vegan leather finish in two colour options: Luxe Lavender and Black Beauty and World’s 1st Handmade design in Moonlight Pearl Finish. The motorola edge 50 Pro is engineered to last with a precision-cut aluminum frame, durable glass, and IP68 underwater protection, which makes the device stunning yet durable.

Speaking on the launch, Mr. T.M. Narasimhan, Managing Director, Motorola India said “We are thrilled to unveil the highly anticipated motorola edge 50 Pro, marking its global first launch in India. Motorola remains committed to meaningful innovation that extends beyond hardware advancements, as we strive to integrate AI technology with unique design elements. With the motorola edge 50 Pro, we are introducing native AI features – powered by moto AI along with the World’s first Pantone validated display and camera to capture and view content exactly as consumers see it with their own eyes. These innovations are poised to set new industry benchmarks, inspiring creativity and empowering users to unleash their full potential like never before. Aligned with our mission to democratize technology by offering exceptional features at competitive prices, we're eager to continue redefining the smartphone experience.”

The massive 4500mAh battery comfortably provides power for days and fuels up quickly with a blazing-fast 125W TurboPower™ charging, the fastest TurboPower™ charging ever. The device also features TurboPower™ 50W wireless charging, the highest in its segment, which eliminates the hassle of cords and cables. Furthermore, the motorola edge 50 Pro also supports 10W wireless power sharing to the ecosystem.

Additionally, the motorola edge 50 Pro disrupts performance benchmarks in its segment, powered with a Snapdragon® 7 Gen 3 Processor. Its accelerated Kyro CPU provides speeds up to 2.63GHz for faster multitasking and improved efficiency. Along with 15% better CPU performance, 50% better GPU performance, and 20% more power savings5. Users can also enjoy faster connections with support for Wi-Fi 6E. Additionally, the motorola edge 50 Pro runs smoothly with up to 12GB RAM and 256GB storage allowing for tons of room for photos, movies, songs, apps, and games. RAM Boost temporarily turns available storage into virtual RAM whenever extra speed is required, for faster app responses.

The motorola edge 50 Pro is more than just an advanced phone, it also pushes the boundaries of sustainability and eco-friendly packaging and design. Along with other additional camera and software features that enhance the user’s overall smartphone experience. Its new Hello UI is more intuitive and personalized having all Moto apps in one place and also comes with latest Android 14 with assured 3 OS upgrades and 4 years of security updates.

Availability:

The motorola edge 50 Pro will be available in three stunning PantoneTM Curated colour variants, Luxe Lavender and Black Beauty in silicone vegan leather finish and Moon Light Pearl in Acetate finish. The smartphone will go on sale from 9th April 2024, 12PM on Flipkart, Motorola.in and leading retail stores including Reliance Digital.

Flipkart will also open exclusive early access - Zero Hour sales for limited quantity of Handmade Moon Light Pearl Finish design during the live commerce on 8th April 2024, 7PM

Launch Price:

For 8GB RAM +256GB Storage variant (with 68W charger in box),              : INR 31,999

For 12GB RAM + 256GB Storage variant (with 125W charger in box),         : INR 35,999

Affordability Offers~:

Consumers can apply the following two offers to purchase the device making the effective price of the product starting at Rs. 27,999 (for 8GB+256GB) and Rs 31,999 (for 12GB+256GB)

Rs. 2,000 Additional bump-up on exchange value

Making the effective price of the product starting at Rs. 29,999 (for 8GB+256GB) and Rs 33,999 (for 12GB+256GB)

OR

Upto Rs. 2,250 Instant bank discount on HDFC Bank Cards

Rs. 2,250 Instant discount on HDFC Bank Credit card and debit card - EMI transactions

Making the effective price of the product starting at Rs. 29,749 (for 8GB+256GB) and Rs 33,749 (for 12GB+256GB)

Rs. 2,000 Instant Discount on HDFC Bank Credit Card – full swipe transactions

Making the effective price of the product starting at Rs. 29,999 (for 8GB+256GB) and Rs 33,999 (for 12GB+256GB)

Special Introductory Offer (Limited Period)

Consumers will further be able to avail a special introductory offer of additional Rs. 2,000 discount for a limited period only. This will make the effective price of the product Rs. 27,999 (for 8GB+256GB) and Rs 31,999 (for 12GB+256GB)

Additionally, consumers can also avail No Cost EMIs up to 9 months on HDFC Bank credit and debit cards– making the effective ownership cost starting at just Rs. 3,084/month.

Effective Price with all offers:

For 8GB+256GB variant (with 68W charger in box)          : INR 27,999 (including Rs. 2000 Introductory + bank/exchange offer)

For 12GB+256GB variant (with 125W charger in box)      : INR 31,999 (including Rs. 2000 Introductory + bank/exchange offer)

To know more about the product visit:   

Flipkart - https://www.flipkart.com/motorola-edge-50-pro-5g/p/itm11d08450e6a11?pid=MOBGXFXYMTKAMPTS

Motorola website - http://motorola.in/live-event

Operator Offers:

Consumers can avail additional benefits worth Rs. 15,000 from Reliance Jio.  

Cashback worth Rs 3,564  (Rs 99 x 36 months) on Jio Plus Plan of Rs 699 along with

Additional data worth Rs 3,600 (10GB per month X 36)

Additional partner offer woth Rs 8,500 like Ajio, Travel EMT, Growfitter, etc

To know more about the offer: https://drive.google.com/file/d/1A3VGkLyAGkWKuld5KxV2kDPZEqFMRtmm/view

Photo Caption: Mr. TM Narasimhan, Managing Director, Motorola India, Mr. Prashanth Mani, Executive Director, Motorola APAC, Mr. Ruben Castano, Global Head for Customer Experience and Design, Motorola & Mr. Shivam Ranjan, Marketing Head - APAC, Motorola.

Capri Global Capital’s New Brand Campaign “Farz Nibhaatey Hain”, Features Gujarat Titan Players

Capri Global Capital Ltd, a leading non-banking financial company and a sponsor of Team Gujarat Titans in IPL, has launched a new series of brand films linked with their campaign, "Farz Nibhaatey Hain”. Starring Shubman Gill, Captain, Gujarat Titans along with his teammates, allrounder Rahul Tewatia and pacer Mohit Sharma, this campaign reaffirms Capri Loans core ethos of putting customers first and underscores its dedication to serve its valued patrons.

Through a three crisp and bite-size ad-film series, the NBFC showcases various scenarios and interactions that Gujarat Titan Team members have with individuals and with a relationship manager of Capri Loans at their branch. First film highlights the flexibility of repayment of loan offered by the lender on its Gold Loans. The second ad film narrates a fun interaction between the team and their driver which highlights the hassle-free loan application and minimum documentation process at Capri Loans for their loyal customers. The 3rd film highlights the prioritised customer service at a Capri Loans branch.

The campaign will release on April 3rd, 2024 across various digital platforms and social media portals during this IPL season 2024. The ad link for your reference: https://youtu.be/XpeFxnDGxEo

"We are thrilled to launch the 'Farz Nibhaatey Hain' campaign, which underscores our unwavering dedication & commitment to provide exemplary service offerings to our customers," said Basant Dhawan, Group Chief Marketing Officer, Capri Global. "In today's fast-paced world, we understand the importance of providing convenient and accessible financial solutions. Through this campaign, and in partnership with Gujarat Titans, we aim to showcase how Capri Loans prioritizes customer needs with its unique product offerings besides valuing repeat customers with special loyalty benefits across its loan portfolios. The brand messaging being delivered by the Gujarat Titans players in the films will help us attract huge consumer eyeballs & build brand trust."

Echoing similar sentiments, Pramod Sharma, National Creative Director, Rediffusion Brand Solutions stated, "Our approach towards this campaign is rooted in authenticity and empathy of Capri Loan’s conduct towards their customers. Each video portrays a scenario that would resonate with our audience, who has or would experience the services and wide range of credit products that Capri Loans has to offer. We wanted to deliver a very strong message of a sense of duty that the Brand upholds in their day-to-day conduct, but in a very light-hearted way. This was the toughest part developing this storyboard. We are sure the viewers would identify it and appreciate it while cheering for their favourite team, the Gujarat Titans.” 

GE Vernova Completes Spin-Off And Begins Trading On The New York Stock Exchange

* A purpose-built company to electrify and decarbonize the world, uniquely positioned with a scope and scale of solutions to accelerate the energy transition  

Executing with sustainability, innovation and lean at its core and delivering disciplined growth, margin expansion, higher free cash flow, and effective capital allocation 

Trading on the New York Stock Exchange under “GEV” ticker symbol 

GE Vernova (NYSE: GEV) announced today that its spin-off from GE (NYSE: GE) is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol “GEV,” effective at the market opening today. In a first for the NYSE, GE Vernova and GE Aerospace, which also launches as an independent company today, will ring the opening bell together at 9:30 AM ET. 

“Today, GE Vernova becomes an independent company singularly focused on accelerating the energy transition to create a more sustainable future,” said Scott Strazik, CEO of GE Vernova. “Our Power, Wind, and Electrification segments provide essential products and services to the electric power industry as we work to meet the growing power demands of economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is purpose-built to electrify and decarbonize the world, and I’m incredibly proud of what our team has accomplished with this milestone and excited to continue this journey alongside our customers and shareholders.”  

GE Vernova has more than 80,000 employees across more than 100 countries. Many of the world’s leading utilities, developers, governments, and large industrial electricity users rely on its installed base to generate, transfer, orchestrate, convert, and store electricity reliably and efficiently. With an installed base of over 7,000 gas turbines, the world’s largest, approximately 55,000 wind turbines, and leading-edge electrification technology, GE Vernova helps generate approximately 30% of the world’s electricity.  

At the company’s Investor Day in March, GE Vernova reaffirmed its 2024 financial guidance, and presented its 2025 financial guidance. Additionally, GE Vernova provided its outlook by 2028 including achieving mid-single digit organic revenue growth*, 10% adjusted EBITDA margin*, and 90-110% free cash flow* conversion.

GE Vernova serves a vital $265 billion industry segment that is estimated to grow to $435 billion by 2030. Increased electrification and decarbonization needs offer major opportunities, with generation capacity projected to more than double by 2040. To capitalize on this opportunity, the company is focused on executing with sustainability, innovation, and lean at its core and is building on its history of innovation by investing approximately $1 billion annually in research and development to drive breakthrough energy transition technologies.

*Non-GAAP Financial Measure

The spin-off of GE Vernova was achieved by GE’s distribution of all shares of the common stock of GE Vernova Inc. Each holder of record of GE common stock received one share of GE Vernova Inc. common stock for every four shares of GE common stock held on March 19, 2024.

GE Vernova will announce its first quarter earnings on April 25, 2024 at 7:30 AM ET, which can be accessed at www.gevernova.com/investors. 

Non-GAAP Financial Measures

In this document, the Company sometimes uses information derived from consolidated financial data but not presented in its financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission (SEC) rules. These non-GAAP financial measures supplement the Company’s GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons the Company uses these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures are included in this press release and GE Vernova's Form 10 filed with the SEC and any updates or amendments it makes in future filings.

The Company cannot provide a reconciliation of the differences between the non-GAAP expectations and the corresponding GAAP measure for free cash flow* conversion in the 2028 outlook without unreasonable effort due to the uncertainty of the costs and timing associated with potential restructuring actions and the impacts of depreciation and amortization.

About GE Vernova 

GE Vernova is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world. 

GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future. Learn more: GE Vernova’s website and LinkedIn. https://www.gevernova.com/ 

PhonePe Partners With Star Health Insurance To Offer Insurance With Monthly Payment Options

~ Enables added flexibility and convenience with the UPI AutoPay option ~

PhonePe today announced a partnership with Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s largest retail health insurance Company, to offer customers health insurance with a monthly and annual payment option. With this partnership, PhonePe users will now be able to avail of ‘Star Comprehensive Insurance Policy’ on the PhonePe app with coverage up to Rs.1 Crore. Having previously disrupted the market with its motor insurance products, with this launch, PhonePe further expands the options available to its users in the health insurance category.

Through this partnership, for the first time, Star Health Insurance’s Comprehensive Health Insurance will be offered to customers with a monthly premium payment plan, pioneered by PhonePe – a first-of-its-kind initiative in the industry. Users can also opt to pay their premium with the UPI AutoPay mandate and enjoy added convenience. This move was driven by a critical insight that smaller monthly payments ease the financial burden for users while empowering and enabling them to opt for more extensive insurance coverage without stretching their finances.

Star Comprehensive Insurance Policy is a power-packed insurance plan with benefits including the most popular OPD and maternity coverage. Market research conducted with PhonePe’s user base indicates that these two features were the most preferred by customers while buying health insurance. Star Comprehensive Health Insurance Policy is an end-to-end health insurance policy with sum insured available up to Rs.1 crore. The policy covers road ambulance and air ambulance expenses, out-patient medical consultation up to the limits, out-patient coverage for dental and Ophthalmic treatment, delivery expenses, organ donor expenses, provides coverage for newborn babies, including any congenital disorders, from day one of birth and vaccination expenses of the new born until the baby completes one year. Mental well-being is covered up to the sum insured. The policy does not impose sub-limits for day care procedures. Accidental death and permanent total disablement is covered up to 1 crore.

Star Comprehensive Health Insurance Policy also offers wellness programmes that provide discounts on premiums and condition management programmes. Furthermore, the policy provides an annual health check-up, automatic restoration of the sum insured up to 100%, and a cumulative bonus, payable up to 100% of the basic sum insured.

Speaking on the partnership, Vishal Gupta, CEO of PhonePe Insurance said “PhonePe is excited about this partnership with Star Health. Star’s differentiated benefits combined with PhonePe’s distribution, customer centric approach and simple DIY journeys will help turbocharge insurance adoption and penetration in the country. We are on a mission to help turn India from an underinsured nation to one that is adequately insured and view this partnership with Star as a crucial milestone in this journey.”

Speaking on the partnership, Anand Roy, MD and CEO of Star Health Insurance, said, “We are excited to partner with PhonePe and offer health insurance targeted at Gen Z and Millennials since people in that group are digital natives. The partnership between Star Health Insurance and PhonePe will provide consumers with a hassle-free payment option that is light on the pocket and at the same time meets their wellness needs. Today, health insurance has become a necessity. Given the high medical inflation in the country, it has become crucial to have an all-inclusive health cover that can protect at every stage of an individual’s life. At Star, we believe in keeping our customers healthy, and towards that end, customers buying our policies will not just get insurance but will also have access to free teleconsultations, homecare, and nutritionists, among other services. We look forward to expanding our digital reach through this partnership.”

Users can purchase the policy via the PhonePe app by clicking on the Health Insurance option, selecting the members to be insured, the desired sum to be insured and the payment tenure. Here, they can choose either monthly EMIs or annual payments and then select the  policy of their choice. Once they opt for the policy, the customer’s have to fill in their details, such as name, age, and gender, followed by the health history of all members to be insured. This will be followed by a regulator mandated Know Your Customer (KYC) form and declarations, once the payment is completed.

Star Health, in association with PhonePe, plans to roll out more such innovative offerings across its indemnity and benefit products.

About PhonePe Group:

PhonePe Group is India’s leading fintech company. Its flagship product, the PhonePe digital payments app, was launched in Aug 2016. In just 7 years, the company has scaled rapidly to become India’s leading consumer payments app with 520+ million registered users and a digital payments acceptance network of 38 million merchants. PhonePe also processes 230+ million daily transactions with an annualized Total Payment Value (TPV) of USD 1.5+ Trillion.

On the back of its leadership in digital payments, PhonePe Group has expanded into financial services (Insurance, Lending, Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus App Store - India's first localized App Store). PhonePe Group is an India headquartered technology company with a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

For more details: media@phonepe.com

About Star Health and Allied Insurance:

Star Health and Allied Insurance Co Ltd (BSE:543412 | NSE:STARHEALTH) is the largest retail health insurance company in India. The Company commenced operations in 2006, as India’s first Standalone Health Insurance Company with business interests in Health, Personal Accident and Overseas Travel Insurance. The company uses its vast resources to focus on service excellence and product innovation to deliver the best to its customers. Star Health has introduced many industry-first and innovative health insurance products to individuals, families and corporates. Star Health is also a prominent Bancassurance player with long standing relationship with many financial institutions. 

As of 31 December 2023, Star Health has 877 branch offices Pan-India. The company has 14,203 network hospitals pan India.  The company has a wide distribution network of 6.84 lakh agents which is among the largest in the insurance sector. In FY23, Star Health had a gross written premium of INR 12,952 crore and a net worth of INR 5,430 crore. 

For more information, please visit www.starhealth.in  

AkzoNobel Announces Rocking Star Yash As Brand Ambassador For Dulux Weathershield, Launches “It’s Colourful. It’s Powerful” Campaign

AkzoNobel India, a leading Paints and Coatings company and makers of Dulux paints, welcomes the actor Yash, as the new brand ambassador for its Dulux Weathershield exterior emulsions in India.

Rajiv Rajgopal, Chairman and Managing Director, Akzo Nobel India said, “We’re thrilled to welcome the Rocking Star Yash to our family. He perfectly embodies the Dulux Weathershield spirit of unmatched performance and originality that stems from confidence of innovation. A true superstar, Yash has earned the love of millions of fans across India, much like our iconic Dulux Weathershield exterior emulsions.”

With Yash on board, AkzoNobel aims to strengthen the association of its flagship Dulux Weathershield exterior emulsions with Indian consumers seeking high-performance with bold aesthetics.

As superstar Yash elaborates, “Every role brings with it the potential to inspire, captivate, and entertain. My greatest power lies in getting to live up to the expectations of the audience. Much like Dulux Weathershield exterior emulsions, I believe in channeling that power and add colours to the lives of many while staying true to my values. I am happy to bring alive the Dulux Weathershield ‘It’s Colourful. It’s Powerful’ story. When life isn’t lived monochrome, why should our homes be?”

Crafted by Mullen Lintas Delhi, the campaign begins with a reporter asking Yash how can colourful be powerful. In his true larger-than-life style, Yash rigorously tests Dulux Weathershield Powerflexx across all parameters - relentless sunlight, torrential rains to extreme sandstorms. With the Triple Defence Technology at its core, every hue of Dulux Weathershield Powerflexx ensures that home exteriors continue to stay vibrant and protected for longer – that’s why “It’s Colourful. It’s Powerful.”

Sharing business insights, Rohit Totla, Marketing and Sales Unit Director - Paints, Akzo Nobel India said, “For over 25 years, Dulux Weathershield is synonymous with pioneering technologies for home exteriors. Exterior emulsions being one of the largest contributors to AkzoNobel’s decorative paint business in India, we aim to turbocharge our consumer connect with the power of Yash, in sync with expansion of our brand footprint.”

Sharing insights into the “It’s Colourful. It’s Powerful” narrative, Vandana Krishnia, Marketing Director, Decorative Paints – South Asia, AkzoNobel added, “Be the festivals, celebrations, century old identity of cities such as the Blue City, our homes or our lives – colours are deeply engrained in India’s and every Indian’s sense of identity. While Dulux Weathershield Powerflexx’s powerful credentials are a given, this campaign is about celebrating India’s love with colour and who better to highlight this than Yash.”

Fans and paint consumers can now see Yash in a bold avatar as he brings alive the latest ‘It’s Colourful. It’s Powerful’ Dulux Weathershield Powerflexx across traditional and digital platforms in India.

About AkzoNobel

We supply the sustainable and innovative paints and coatings that our customers, communities – and the environment – are increasingly relying on. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and have set our sights on becoming the global industry leader. It’s what you’d expect from a pioneering paints company that’s committed to science-based targets and is taking genuine action to address globally relevant challenges and protect future generations.

About Akzo Nobel India Limited               

Akzo Nobel India is present in India for 69 years. In 2008, the company became a member of the AkzoNobel Group. With an employee strength of around 1,500, AkzoNobel India has five manufacturing sites, two RD&I centers, regional offices and a distribution network spread across the country. All manufacturing facilities have a state-of-the-art environmental management system. It’s commitment to Health, Safety, Environment and Security (HSE&S) has been among the best-in-class globally, with due care being taken to protect people and the environment. For more information, please visit www.akzonobel.co.in