AET Displays Hosted Envision Brilliance Partner Meet 2024 In Bengaluru

* The event drew a crowd of over 150+ attendees, including distributors, SI partners, ground staff, sales representatives, pre-sales, after-sales personnel, government officials, corporate partners, and AV partners

AET LED Displays, a renowned industry expert in fine pitch LED displays, recently hosted the highly anticipated AET Envision Brilliance Partner Meet 2024 in Bengaluru on April 20th at Citadel Sarovar Portico. The event drew a crowd of over 150 attendees, including distributors, SI partners, ground staff including sales representatives, pre-sales, after-sales personnel, government officials, corporate partners, and AV partners.

The day-long event featured comprehensive product introductions, in-depth training sessions, and highlighted AET’s previous works, emphasizing mutual growth opportunities. Mr. Su Piow Ko, CEO at AET LED Displays India, delivered a keynote address, reaffirming AET’s vision and mission to the audience.

Speaking on the occasion, Mr. Su Piow Ko, CEO at AET LED Displays India, expressed, “In India, there’s a growing readiness across industries to embrace digital transformation, with LED displays becoming indispensable for tasks like data analysis, monitoring, and advertising. We’re keen to seize this opportunity. Unlike other OEM LED Manufacturers in India, we’re committed to establishing our assembly line as part of the Make in India initiative, thereby not only providing employment opportunities but also bolstering the local economy.  We are excited about the possibilities that lie ahead as we continue to collaborate and drive mutual growth with our partners in the Indian market. Our aim is to solidify our position among the top 3 players in the LED display segment in India in coming years.”

Mr. Prashant Srivastav, Head of Marketing - India, stated, “Hosting the AET Envision Brilliance Partner Meet 2024 in Bengaluru was a momentous occasion for us. It was an opportunity to engage with our valued partners, showcase our latest innovations, and reaffirm our commitment to delivering excellence in LED display solutions.”

Various sessions were tailored for different stakeholders, including Q&A sessions, feedback sessions, and round table discussions with key members in the boardroom. In the evening session, AET honored its esteemed partners with an award program, recognizing their outstanding contributions and dedication. Additionally, the company unveiled the AET Spark program ( Strategic Partner Alliance and Resource Kit ), aimed at fostering strategic partnerships and providing valuable resources such as certification, marketing collateral, and dedicated resource kit for after-sales and pre-sales activities.

AET Displays has rapidly expanded its presence nationwide. With over 50 products available, more than 2000 installations across the country, and a network of over 80 partners and distributors, AET is committed to providing comprehensive coverage and support to its customers. In addition, AET strategically operates an assembly plant, three offices, three customer experience centers, and five service centers across the country, guaranteeing extensive coverage and support for its clientele

About AET Displays

AET Displays Limited, established in 2015 and a member of the Guangda Group since 2019, is a leading manufacturer specializing in the design, production, and marketing of LED displays, with a particular focus on fine pitch displays. At the heart of AET lies a commitment to precision engineering and purposeful innovation, believing in the transformative power of visual communication to connect people and spaces. With a talented team dedicated to excellence in machinery, electrical engineering, and system design, AET creates displays that go beyond the ordinary, setting new standards in the industry. From Standard Fine Pitch to MiniLED and MicroLED Ultra FinePitch LED Display technology, AET’s displays exhibit unparalleled clarity, vibrancy, and versatility in design, captivating audiences worldwide. Renowned for relentless innovation and a dedication to surpassing expectations, AET Displays Limited is the preferred partner for businesses seeking unparalleled visual excellence in LED display solutions. To know more, please visit: https://www.aetdisplays.in/

Spokesperson Profile - https://www.linkedin.com/in/su-piow-ko-ba607337/

Company Profile - https://www.aetint.com/

Kanan Devan Unveils Experiential Kathakali-themed Consumer Engagement Campaign At Thrissur Pooram Festival

Tata Tea Kanan Devan, a prominent tea brand in the heart of Kerala proudly announces its engagement in the prestigious Thrissur Pooram Festival with an immersive consumer engagement initiative. Embracing the quintessential art form of Kerala, Kathakali, Tata Tea Kanan Devan invites consumers to embark on a journey of cultural immersion and brand resonance unlike any other.

The highlight of the activation is a dynamic setup featuring two digital screens within Tata Tea Kanan Devan's stall. One screen hosts a fortune wheel, where participants spin to reveal one of the nine "rasas" or facial expressions from Kathakali. The excitement heightens as participants are then challenged to emote the revealed rasa in front of a camera-equipped screen. Utilizing cutting-edge AI technology, the software swiftly identifies and matches the participant's expression with the reference image. Lucky winners will be gratified with Tata Tea Kanan Devan packs, enhancing brand recall in a truly memorable manner.

This culturally immersive experience was inaugurated by esteemed Kathakali artist Sadanam Krishnan Kutty, a recipient of both the Kerala Sangeetha Nataka Akademi Award (2002) and the Central Sangeet Natak Akademi Award (2006). Renowned for his portrayal of classical roles and contemporary Kathakali plays, Sadanam Krishnan Kutty's presence adds an unparalleled aura of authenticity to the event.

Mr. Puneet Das, President – Packaged Beverages, India & South Asia, Tata Consumer Products, expressed his enthusiasm for this unique consumer engagement, stating, "At Tata Tea Kanan Devan, we take pride in our deep-rooted connection to Kerala's cultural tapestry. Kathakali is a cultural emblem, ingrained in the social, cultural, and artistic life of the people. Through this immersive initiative, we aim to deepen the brand's connection with the people of Kerala while fostering a sense of local identity and pride in the state's unique art forms. As Tata Tea Kanan Devan continues to weave its narrative into the fabric of Kerala's cultural landscape, this activation serves as a testament to the brand's enduring commitment to celebrating local pride."

Mr. Sadanam Krishnan Kutty, the Kathakali maestro shared his thoughts on the event, remarking, "I am thrilled to be a part of Tata Tea Kanan Devan's celebration of Kerala's artistic heritage. This initiative beautifully showcases the deep-rooted connection between Kathakali and our cultural identity."

As Tata Tea Kanan Devan continues to weave its narrative into the fabric of Kerala's cultural landscape, this activation serves as a testament to the brand's enduring commitment to heritage and innovation.

Persistent Systems In-line Revenue; Weaker Margin Trajectory Leads To EPS Out

Persistent reported mixed performance in Q4 — revenue grew 3.4% QoQ CC, in line with our estimate, while margin of 14.5% (flat QoQ) missed it. Revenue growth still lopsided with HLS contributing ~94% of incremental revenue sequentially. Top client growth was impacted by a planned ramp down for the second consecutive quarter, while other large client growth was healthy. Deal wins TCV was USD447.7mn (1.4x book-to-bill), showing moderation with Q4 and TTM TCV up 6% and 12.6% YoY, respectively. Amid the challenging macros, the management aims for top-quartile growth in FY25E, while maintaining EBITM at FY24 levels. Company reiterated their medium-term target of improving EBITM by 200-300bps over the next 3 years. However, progress has been slow and target is shifted by a year; which is disappointing. Moderation in deal intake, Q4 performance, and slow progress on margin trajectory led to EPS cut of 5-6% for FY25-26E. Valuation remains rich even after today’s ~10% price correction. We retain REDUCE with a TP of Rs3,700/sh at 34x Mar-25E EPS.

Results Summary

Persistent’s revenue grew 3.4% QoQ (similar in CC) to USD310.9mn, broadly in line with our estimates. EBITM came in at 14.5% (flat QoQ), lower than our estimate of 15%. EBITM was flat sequentially due to one-time transition costs related to ramp up in large vendor consolidation deals (-110bps), addition of lateral hires at offshore (-50bps), and higher travel costs for planning and budgeting exercise for FY25 (-40bps). These were negated by reduction in earn out liability related to an acquisition (where performance did not meet expectations) and reversal of provisions (+200bps). Revenue growth was led by HLS (14.8% QoQ) and BFSI (1.8%), while Software, Hi-Tech, and Emerging Industries (SHTE) saw a decline of 0.7% QoQ (ex-top client: grew 1.8%). Top-client revenue declined 11% QoQ due to planned ramp downs. Top 2-10 clients saw a growth of 10.3% QoQ. Among geographies, North America, India, and ROW reported growth of 4%, 4.5%, and 47.8% QoQ, while Europe saw a decline of 9.3% QoQ. The company has announced a final dividend of Rs10/sh. What we liked: Steady revenue growth, heathy cash conversion (OCF/EBITDA: 76.9%). What we did not like: Margin miss.

Earnings Call KTAs

1) Demand environment has remained largely unchanged over the last few quarters and is not expected to improve materially anytime soon. 2) Company recently won large deals (including vendor consolidation), which have higher onsite proportion at the start, and have seen an increase in contractor spending along with lower utilization and higher travel costs. 3) HLS growth was driven by a large deal ramp up and well supported by multiple mid-sized deals. Overall environment has been difficult in BFSI, but the company has delivered growth aided by new deals. Hi-Tech is facing headwinds due to enterprise customers facing their own challenges and is likely to remain under pressure for the next few quarters. 4) FY25 growth is likely to be led by HLS followed by BFSI and SHTE. 5) Management aims to turn around performance in Europe, driven by both team reinforcements and M&A activities. 6) For M&A, Persistent is looking for tuck-in acquisitions in HLS and BFSI, which are at the cusp of data/AI. Within Healthcare, the company is targeting areas like Payer-Provider ecosystem, while in BFSI, it is focused on certain micro segments. In terms of geography, it is looking at a combination of Western Europe from a business perspective and Eastern Europe from a delivery perspective.

COLORFUL Launches Series of World Class Gaming Laptop With Incredibly Challenging Price To Performance Ratio

* The COLORFUL EVOL P15 series laptops are loaded with RTX 40 series graphic card with full watt TGP up to 140W to deliver superior gaming experience.

* Designed and built for casual gamers and students, the gaming laptops are immediately available for purchase at Flipkart with attractive offers.

COLORFUL, a leading brand in gaming PC components, gaming laptops, and HiFi audio products, today launched its incredible series of COLORFUL EVOL P15 gaming laptops. The series contains 3 laptops with upward configurations - P15 23-HE55D16512A-B, P15 23-HF76B16512E-B and P15 23-HJ76B16512E-B-SA. The COLORFUL EVOL P15 series of laptop are designed to deliver gaming performance with inbuilt RTX 40 series of graphic cards. Targeted to address the gaming needs of casual gamers and students, the laptops come at a competitive price challenging the price to performance ratio in the gaming market. 

The laptops are loaded with Intel's latest hybrid architecture, paired with industry-leading features to deliver the ultimate gaming experience. The users can stream, create and compete at the highest levels with up to 13th Gen Intel® Core Mobile Processors i7 and 4.9 GHz Max Turbo frequence (P Core? 4.9GHz?E Core?3.6GHz). 

The graphic deliveries are powered with NVIDIA GeForce RTX 4050 Laptop GPU which is known to power the world's fastest laptops for gamers and creators. Built with the ultra-efficient NVIDIA Ada Lovelace architecture, they bring a quantum leap in performance with Al-powered DLSS 3 and enable life like virtual worlds with full ray tracing. Plus, the Max-Q suite of technologies optimizes system performance, power, battery life, and acoustics. It supports MAX TGP up to 140W for good gaming experience. 

Users can look for sharp and precise game graphics through the COLORFUL EVOL P15's high resolution and high refresh rate screen, which perfectly balances the QHD 165Hz images and smoothness. The laptops support 100% sRGB colour accuracy. The laptops come with an extra ordinary built at the competitive price point. The COLORFUL EVOL P15 series of gaming laptops are supported with accelerated cooling delivered by 2 fans. Both are self-cooling for long term operation. They come with 6 thermal heat pipes, multi-zone cooling system and one-key cooling mode. The 16GB DDR5 4800MHZ in-built memory supports the laptops to keep up the speed. Exclusive 6GHz WIFI band delivers lightning speed while keeping the network smooth and stable even in crowded environment. 

Mr Sujay Pais, Country Head at COLORFUL – India said “COLORFUL EVOL P15 are the first set of gaming laptop series we are introducing in the Indian market. They come with latest technological features, extra ordinary build, gaming compatibility and challenging price to performance ratio. We are proud to say that there are no other gaming laptops in the current Indian market with such competitive price to performance ratio. COLORFUL has been known in the global market for delivering high performance products at competitive pricing. Indian customers can now experience the same through these P15 series of laptops. We plan to introduce more categories of products in a short span in India. We believe that our products are a great fit to the young and growing India”. 

COLORFUL already has an impressive support and services system in place through 27*7 Call Center support across 50+ Cities and 15,000+ PIN codes. It offers both online and onsite service. 

Customers can avail attractive discounts through bank offers – up to INR 3,000 off, NCEMi - 12 months, product exchange discount up to 3,000, and introductory offer for Bag at 99. The COLORFUL EVOL P15 laptop series are available in three colours Grey, White and Blue. 

The introductory price range starts from INR 64990 with cashback and no cost EMI. They come with 2-year warranty. The are available for immediate purchase on Flipkart. 

About COLORFUL 

COLORFUL was established in 1995. It has a 20+ years of history in building the best Graphic cards in the world. It is one of the largest GPU brands in Asia, playing a significant role in developing the graphic cards market. COLORFUL is present in India since 2019, mainly providing value for money GPUs for gamers and enthusiasts. The quality and performance of the card has been highly appreciated in the Gaming Community.

For more,  visit https://en.colorful.cn/en/home/index.

BluSmart Introduces The #SmartCitizen Campaign To Encourage India To Vote

BluSmart, India's leading electric vehicle (EV) ride-hailing service and EV charging infrastructure network, is proud to announce the launch of its #SmartCitizen campaign to encourage Indian citizens to exercise their democratic right to vote on election day. This initiative aims to generate awareness, empower and mobilise the voters in Delhi, Gurgaon and Bengaluru to participate actively and responsibly in the Lok Sabha Elections 2024.

On polling dates in Bengaluru - 26th April and in Delhi NCR - 25th May, BluSmart will offer discounted rides to its customers, enabling eligible citizens to cast their vote including the youth of India and the first-time voters to exercise their fundamental right to vote conveniently and on time.

BluSmart passengers travelling anywhere within 30 kilometres of  polling stations in Bengaluru and Delhi NCR will be provided a one-time 50% discount. This offer can be availed on BluSmart rides to and from the polling station from 6 am to 7 pm on the respective polling days in these cities. The initiative underscores BluSmart's commitment in promoting civic engagement and responsible and smart citizenship.

"Every vote counts, and every citizen can make a smart choice  to contribute to the democratic process. As a partner in driving India’s growth, our #SmartCitizen campaign is a call to action for all citizens to exercise their right to vote and be active participants in shaping a smarter future for our nation. The campaign reflects BluSmart’s values as forward-thinkers, fostering a sense of responsibility among citizens and empowering them with seamless access to the polling stations." said Anirudh Arun, Co-founder & CEO, BluSmart Fleet.

A month-long election awareness campaign will be executed through online and offline channels such as communication inside BluSmart EVs, in-app notifications, emailers and social media.The  #SmartCitizen campaign will further educate users on the significance of voting and how one vote can make a difference. Moreover, the incorporation of a voting badge by BluSmart for riders  who participate in elections will incentivise civic engagement and foster a sense of accomplishment.

Instagram Link - https://www.instagram.com/reel/C53NjXzS466/?igsh=MXJrYmZqczUyZHZneA==

Instagram Link - https://www.instagram.com/reel/C57rFHKS2cU/?igsh=bTZ0eWk1N2x0NmRo

About BluSmart

BluSmart is India's largest born-electric, full-stack and fully integrated EV ride hailing service and EV Charging Infrastructure network. BluSmart is building an integrated energy, infrastructure, mobility & technology business becoming the first mobility player in India to transition from zero tailpipe emissions to a zero-emissions company. Through its efforts towards sourcing 100% renewable energy to power its charging infrastructure and EV fleet, Blusmart has taken a significant step towards its mission to ‘Decarbonise Mobility at Scale”.

For more information, visit: https://blu-smart.com/

Nitin Seth Releases Another 'Best-Seller' Mastering The Data Paradox: Key To Winning In The AI Age

By Manu Sharma

In the digital age, data and artificial intelligence (AI) have emerged as the twin engines powering technological innovation and transformation across industries. The unprecedented growth of data, coupled with advances in AI, has paved the way for groundbreaking developments that touch every aspect of our lives. Infact, by 2025, a staggering 30 percent of all data generated will be in real-time. In this context, Nitin Seth, an Indian tech entrepreneur and author launched his book - Mastering The Data Paradox The Key To Winning In The AI Age.

On April 20, renowned technology entrepreneur, thought leader and best-selling author Nitin Seth announced the release of his latest book, "Mastering the Data Paradox," published by Penguin Random House India. The book unveiling event featured an esteemed panel of industry luminaries at the Leela Palace in Bangalore.

Unlock the Power of AI, dives into the complexities of data with industry luminaries and discover transformative insights for success in the digital age.

There are two remarkable phenomena that are unfolding almost simultaneously. The first is the emergence of a data-first world, where data has become a central driving force, shaping industries and fueling innovation. The second is the dawn of the AI age, propelled by the advent of Generative AI, that has created the possibility to leverage the data of the world for the first time. The convergence of these two, with data as the common denominator, holds immense promise and the opportunities are boundless.

This book provides us with opportunities to push our thinking, to innovate, to transform and to create a better future at all levels—individual, enterprise and the world.

Nitin Seth, the Co-founder and CEO of Incedo Inc, previously served as Flipkart's Chief Operating Officer (COO), Managing Director and Country Head for Fidelity International in India and Director of McKinsey’s Global Knowledge Centre in India. He is also the bestselling author of "Winning in the Digital Age," which won 5 Best Business Book Awards globally.

In "Mastering the Data Paradox," Seth draws from his extensive three decades of career leading transformative initiatives in business, digital, data, and AI for global organisations. The book is a comprehensive, yet simple and actionable guide aimed at helping individuals and enterprises unlock the true potential of AI by leveraging the transformative power of data.

The book delves into the many paradoxes of data - its potential for positive impact versus its overwhelming complexity. Seth advocates that mastering the data paradox is necessary and he attempts to answer key questions such as why and how AI powered by data can create transformational value for enterprises and individuals, how individuals and enterprises can effectively deal with data paradoxes to unlock the transformational value of data and AI, and what principles we can learn from life and apply to data, and vice versa, as we navigate the new world of data-enriched lives.

In the book, Seth also talks about how important it is to understand data in today's world of AI and digital growth.

One Earth, One Goal: Akshayakalpa Organic Aims For 100% Consumer Engagement In Recycling Efforts

As the world grapples with the devastating impact of plastic pollution, Akshayakalpa Organic is proud to announce its unwavering commitment to sustainability with its revolutionary 'Give Back the Milk Pack' initiative. On the occasion of World Earth Day, under the theme 'Planet vs. Plastics,' Akshayakalpa Organic reaffirms its dedication to combating plastic waste and forging a path towards a greener, more sustainable future. The brand, in collaboration with its delivery partners, has streamlined the plastic recycling process, making it incredibly convenient for consumers. Now, all it takes is placing the empty plastic packets back into the Akshayakalpa bag each day, to ensure seamless recycling.

Link for the video around the initiative: https://youtu.be/E-axYZ1YRzk?si=nA-sngA9ElWs_BfO.

In today's disposable culture, the proliferation of single-use plastics poses a grave threat to our environment. Shockingly, 380 million tonnes of plastic is generated annually, yet only 9% of this vast amount is recycled, the rest ending up in landfills and oceans, according to the Organisation for Economic Co-operation and Development (OECD). The consequences of this unchecked pollution are dire, with marine life suffering, ecosystems destabilized, and human health compromised.

In response to this urgent environmental challenge, Akshayakalpa Organic has spearheaded the 'Give Back the Milk Pack' initiative, aimed at reducing plastic waste and promoting recycling. Started in 2022, by providing consumers with the means to return their empty milk packs for responsible recycling, the brand has successfully collected over 30,000 kilograms of plastic from Bengaluru, Chennai, and Hyderabad. This collective effort underscores the power of small actions in driving meaningful change when individuals unite for a common cause.

"Plastic pollution is not just an environmental issue – it's a humanitarian crisis that demands urgent action," says Mr. Shashi Kumar, Co-Founder and CEO of Akshayakalpa Organic. Highlighting the environmental impact of packaging materials, he further, stated, "To produce just one liter of milk, conventional plastic packaging requires approximately 12 grams of plastic. However, Akshayakalpa has transitioned to paperboard packaging for many of its products, significantly reducing the plastic footprint to just 3 grams per liter. Our commitment to sustainability extends beyond mere rhetoric; it is ingrained in every aspect of our operations."

Akshayakalpa Organic aims to engage 100% of its consumers in the recycling initiative over the next 3-4 years, emphasizing the collective responsibility we share in safeguarding our planet for future generations. Through ongoing sustainability efforts and initiatives like the 'Give Back the Milk Pack,' the brand is dedicated to fostering a greener, more sustainable future.

Akshayakalpa is not confined to sustainable packaging for its dairy products alone; it extends its commitment to eco-friendly practices by utilizing sustainable packaging for vegetables and fruits as well. This dedication underscores the brand's ongoing efforts to explore and adopt alternative sustainable packaging methods wherever feasible.

Beyond its innovative recycling program, Akshayakalpa Organic is committed to raising awareness about the harmful effects of plastic pollution and promoting sustainable alternatives. The company's brand video, featuring testimonials from consumers, employees, and stakeholders, serves as a powerful reminder of the collective impact we can achieve when we unite for a common cause.

As we commemorate World Earth Day, let us reflect on the impact of our choices and join hands to protect the planet we call home. Together, we can make a difference.