Monday, September 9, 2024

Samsung’s Bespoke AI Appliances: Now Made In The Indian Maret


* The new range of Samsung’s Bespoke home appliances are now Made in India at its Sriperumbudur factory near Chennai

* Samsung’s new range of Bespoke appliances are powered by AI, allowing consumers to step in to the new era of modern homes

Samsung, India’s largest consumer electronics brand, today said that its latest Bespoke home appliances, powered by AI, are now manufactured in India.

Designed to meet the specific needs of Indian consumers, these AI-powered Bespoke home appliances are set to revolutionize the way Indian households manage their daily tasks by offering smart, personalized, and energy-efficient solutions. Moreover, with advanced inbuilt Wi-Fi, and AI chips, these Bespoke AI appliances adapt to user preferences, making everyday chores easier, faster and more efficient.

By manufacturing these appliances locally, Samsung is ensuring that Indian consumers have access to world-class products that are tailored to their needs.

Samsung recently launched 10 new Bespoke AI washing machines that are being manufactured at the Chennai plant in India. These new 12 KG Bespoke AI washing machines are ideal for Indian consumers since they come with AI intervention at every step of the washing process. The new modern washing machines come in Bespoke design with Flat Glass Door and advanced AI features such as AI Wash, AI Energy Mode, AI Control and AI Ecobubble. The AI Wash feature uses advanced sensing technology that senses the wash load, fabric weight and softeness, water level, detergent level and soil level to give the most optimum wash. With AI Energy Mode available through the SmartThings App, users can further manage the energy usage of their home appliances and save money in the process. Additionally, SuperSpeed option reduces the wash time to 39 minutes, without compromising on the wash performance. 

Equipped with artificial intelligence technologies and SmartThings capabilities, the new Bespoke AI washing machines are a milestone in consumer convenience thanks to a hyper-connected ecosystem.

Samsung is also manufacturing its Bespoke Side-by-Side (SBS) refrigerators in India, showcasing its commitment of exceeding customers’ expectations in the fast-growing premium appliances market.

As Samsung continues to scale its operations in India, the company’s long-term vision remains focused on empowering Indian consumers with cutting-edge technology that is both accessible and sustainable. By integrating advanced AI features, the company is also delivering personalized, high-quality products that cater to the evolving needs of Indian households, while also contributing to the country’s economic growth and technological advancement. Some examples of Samsung’s India specific home appliances innovations during its 29-year journey in India include,

Tanishq's New Film Celebrates Equal Partnership In Marriage


Rivaah by Tanishq, India's leading wedding jewellery destination from the house of TATA, launches a heart-warming campaign that celebrates the modern bride who charts her own narrative. Conceptualized by Lowe Lintas, the campaign highlights her progressive mind-set, beliefs, and how it holds true for her wedding as well. Marking a new milestone, Tanishq is launching its first-ever 3-minute-long multilingual film on Television, representing India’s diversity and adding to the brand’s legacy of compelling and expansive storytelling. This multi-starrer film features actors from various regions, further emphasizing Tanishq's deep connection and resonance with diverse audiences from across states in India.

For Marriages Crafted by You is the essence of this campaign, underscoring the idea that the modern bride plays an active role in shaping her wedding journey. Today’s bride is a trailblazer, merging the old with the new, placing herself at the heart of her story. Embracing traditional values and modern upbringing in equal measure, she steps into this new chapter with her groom as an equal partner. Together, they share the journey of adaptation and change, thus reflecting the shifting landscapes of modern relationships and marriages. The film celebrates not just the warmth and relationships shared by the bride and her family but also shines a spotlight on the bride's agency in navigating her wedding journey. In true Tanishq style, the storytelling remains charming, endearing, and filled with emotion, continuing the brand’s legacy of crafting heart-warming narratives with a modern, progressive take on traditional values and this time in the wedding context.

This film, through a poignant yet subtle narrative, makes a bold and powerful statement and challenges expected societal norms. As the bride reflects on the changes marriage brings forth, she poses a question: why should the responsibility of adapting and adjusting fall solely on her? The film then reveals the groom as an equal partner, ready to share the responsibility and navigate their new life post-marriage, together. Through a light-hearted yet emotional tone, the film thus portrays marriage as a beautiful union of equals, where both partners embrace change. It establishes the deeper message of equal marriages and focuses on the new age bride charting her own narrative.

As the guiding force of her wedding, the bride takes her loved ones through a harmonious blend of tradition and modernity, crafting a day that reflects her unique journey — for marriages crafted by you, for you.

The narrative features brides and jewellery from across major regions of India and highlights not only the rich diversity of traditions and cultures but also the shared emotions of love, understanding, and playful banter between the bride and her family.

The film features an ensemble cast including Tanishq’s brand ambassadors, Nayanthara for the Southern region and Mimi Chakraborty for Bengal, as well as the acclaimed veteran actor Shobha Khote.

Watch the film here: https://www.youtube.com/watch?v=dFcXEUDDA7w

Pelki Tshering, CMO, Tanishq, said, "Rivaah by Tanishq sees marriage through the eyes of modern brides from regions across India. Today, with the evolving dynamics of relationships, our brides play an active role in crafting marriages that are uniquely theirs. Our campaign highlights the significance of equal partnerships, where both individuals embrace change together. Through this narrative, we celebrate every bride’s ability to create a marriage that reflects her identity, her path, and the future she and her partner will build together."

Speaking about the campaign, Kopal Naithani, Founder & Director, Superfly Films, said “The new Rivaah film raises the question of what modern marriages should look like. Traditionally, the burden of change and adjustment in a marriage has often been placed on the bride, reflecting societal expectations of women. However, the Rivaah film reimagines these norms by suggesting that the responsibility of change should not rest solely on the bride. Instead, it presents a more balanced and equitable vision of marriage, emphasizing mutual respect and shared responsibility.”

Arpan Bhattacharyya, Head of Creative, Lowe Lintas, Bangalore said, “A marriage is a new chapter for all involved. Why then should the onus of changing, adapting, and compromising rest with the woman and her side of the family? A marriage of equals should mean that both sides take up the responsibility for change. Equally. That’s the message this campaign is designed to convey.”

Rivaah by Tanishq's latest collection features stunning wedding trousseaus for all regional brides, beautifully balancing traditional charm and contemporary appeal. For brides in metro regions, the collection showcases some stunning modern polki and diamond designs. Crafted for the bride who knows her worth and celebrates her journey, experience the warmth, elegance, and empowerment of the new age bride with Rivaah by Tanishq – where every piece tells a story of love, equality, and timeless elegance.

Samsung ‘Solve For Tomorrow’ 2024 Reveals The 10 Finalist Teams For The Grand Finale


* The top 10 teams, represented by 22 students from across the nation, will now gear up for the finale event where they will pitch their innovations to a grand jury of Samsung and industry leaders

* The shortlisted teams come from some of the country's remotest regions, including Golaghat in Assam, Jhalawar in Rajasthan, Udupi in Karnataka, and Bilaspur in Chhattisgarh

* The young innovators earlier attended an Innovation Walk at Samsung offices in Delhi/NCR, Noida, and Bengaluru

Samsung India today announced the Top 10 teams of ‘Solve for Tomorrow’ 2024, its flagship CSR programme. The top 10 teams will now advance to the grand finale where they will present their unique ideas to a grand jury comprising Samsung leadership and other key industry leaders. The shortlisted teams come from some of the country's remotest regions, including Golaghat and Kamrup Rural in Assam, Jhalawar in Rajasthan, Udupi in Karnataka, and Bilaspur in Chhattisgarh, highlighting the programme’s deep regional penetration.

These finalists underwent a rigorous selection process involving multiple rounds of pitch presentations to Samsung jury members and mentoring sessions by experts from Samsung and Foundation for Innovation & Technology Transfer (FITT), IIT Delhi.  As a reward, each of these 20 teams received a grant of INR 20,000 for prototype development. In addition to this, the shortlisted teams from the youth track received latest Samsung Galaxy laptops while the teams from the school track received Galaxy tabs.

In the 3rd edition of the programme, students submitted their ideas under two overarching themes: ‘Community and Inclusion’ and ‘Environment and Sustainability.’ Under these broad themes, most of the ideas focused on tackling key issues such as education and resource access for underprivileged communities, challenges in experiential learning, digital literacy, water conservation, and arsenic pollution.

The teams also participated in an ‘Innovation Walk’, designed to provide mentoring, expert sessions and exposure to the students. This was held at various Samsung offices including Samsung R&D Centres in Bengaluru, and Noida, as well as the regional headquarters in Gurugram. The students participated in sessions that were instrumental in providing insights to the product development process, which also helped them improve their ideas. This was followed by a National Pitch Event, where the final 10 teams were selected.

“We are thrilled to witness the journeys of these 10 shortlisted teams from across the nation, which are nothing short of remarkable. The ‘Solve for Tomorrow’ programme has been able to expand the boundaries of creativity and capability for all participants, ultimately preparing them not only for the finale but for their future endeavours as well. Through the programme, we aim to equip the participants with technical skills, instill them with confidence and help them in thinking innovatively. As we approach the grand pitch event, we are excited to see how these participants will bring their path-breaking ideas to life and create positive social change,” said SP Chun, Corporate Vice President, Samsung Southwest Asia.

“The innovation and creativity displayed by these young minds are truly inspiring. Samsung’s ‘Solve for Tomorrow’ programme has been a substantial contributor in providing these students with the right mentorship and training needed to refine, elevate and nurture their ideas. FITT takes immense pride in being a part of this esteemed platform, where young innovators are empowered with the skills and confidence that will remain integral to their future journeys,” said Dr. Nikhil Agarwal, Managing Director, FITT, IIT Delhi.

This edition of the 'Solve for Tomorrow' 2024 programme has seen participants from some of the country's most remote regions, including Imphal in Manipur, East Khasi Hills in Meghalaya, and Bilaspur in Chhattisgarh. All students were inspired to develop ideas aimed at addressing societal issues, fulfilling Samsung’s mission to leverage technological innovation to improve the lives of people, particularly those in underprivileged communities.

Here are the finalist 5 teams of the School Track and the problems they are solving

SkyGuard Wildfire Monitoring: Reduce the adverse impact of air pollution and wildlife risks on communities, especially those in peri-urban, rural, and forested areas by developing  solutions that focus on environmental monitoring and public health improvement by providing real-time data to mitigate the adverse effects.

Eco Tech Innovator: The team is developing a solution to reduce the ill effects of arsenic contamination in drinking water sources, leading to reduction of essential minerals.

Praetor VR: The team envisions developing affordable VR-based learning solutions for students who cannot afford the expensive ones.

You: Provide support to the LGBTQ community by offering legal, and educational initiatives to encourage acceptance and equality.

HamaraLabs: Developed an app that gives course information, breaking it down to make decision-making easy.

Here are the finalist 5 teams of the Youth Track and the problems they are solving

Metal: Finding a solution to the problem of arsenic contamination, particularly in groundwater.

Team Hemta: Developed solutions to reduce the burning of agricultural waste.

BioD: Offering solutions to help the overdependence of single-use plastics that contribute to carbon footprint as well as oceanic and landfill pollution.

Ramdhan Lodha: Addresses agricultural challenges by offering sustainable and farmer-friendly solutions.

EnvTech: Offering groundwater solutions to help reduce overdependence on borewells.

Samsung India, for Solve for Tomorrow 2024, partnered and collaborated with the Foundation for Innovation and Technology Transfer (FITT), IIT Delhi; the Ministry of Electronics and Information Technology (MEITY); Manthan, Office of Principal Scientific Advisor, Government of India and the United Nations in India for the 3rd edition of the programme in India.

This year, the ‘Solve for Tomorrow’ programme introduces two distinct tracks – School Track and Youth Track, each dedicated to championing a specific theme and targeted towards different age groups. Both the tracks will run simultaneously, ensuring equal opportunity and a level playing field for all students. The programme also introduced a new learning module – design-thinking workshops in over 100 schools across India to train and mentor students in school track. These workshops aimed at nurturing their problem-solving mindsets by providing them situational challenges and inducing them to build solutions.

What do the winners get:

School Track: The Winning Team will be declared as the “Community Champion” of Solve for Tomorrow 2024 and will receive a seed grant of INR 25 Lakh for prototype advancement. The schools of the winning teams will also receive Samsung Products to boost educational offerings, encouraging a problem-solving mindset.

Youth Track: The Winning Team will be declared as the “Environment Champion” of Solve for Tomorrow 2024 and will receive a grant of INR 50 Lakh for incubation at IIT-Delhi. The colleges of the winning teams also receive Samsung products to boost their educational offerings, encouraging social entrepreneurship.

First launched in the US in 2010, Solve for Tomorrow is currently operational in 63 countries globally and has seen over 2.3 million young people participate worldwide.

With the global CSR vision of ‘Together for Tomorrow! Enabling People’, Samsung Electronics is committed to provide education to young people around the world to empower the leaders of tomorrow. Read more stories on Samsung Electronics’ CSR efforts on our CSR webpage http://csr.samsung.com

About Samsung Electronics Co. Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For latest news on Samsung India, please visit Samsung India Newsroom at http://news.samsung.com/in. For Hindi, log on to Samsung Newsroom Bharat at https://news.samsung.com/bharat. You can also follow us on Twitter @SamsungNewsIN.

Friday, September 6, 2024

Pre-Launch Bookings For The All-New BMW CE 02 Across India


#MoveYourWay

Available for pre-booking at all BMW Motorrad authorized dealerships.

#CE02 #PluggedToLife #MakeLifeARide #BMWMotorrad #UrbanMobility

BMW Motorrad India will open bookings for the all-new BMW CE 02 from 12:30 Hrs, 07 September 2024 onwards. The all-new BMW CE 02 is the first locally produced BEV in India from BMW Motorrad, for the world.

The all-new BMW CE 02 symbolizes not just a shift in mobility but also in attitude. The CE 02 appeals to those who take a different path, make bold statements, and stand out while being #PluggedToLife.

The all-new BMW CE 02 is created for the city and the urban environment. It is nimble, practical and robust, which makes riding fun.

The all-new BMW CE 02 is Revolutionary, Iconic. It’s visually attractive and electrically quiet at the same time. Being environmentally conscious can be stylish now.

Customers can contact their nearest authorised BMW Motorrad dealership to book the all-new BMW CE 02. To locate an authorised BMW Motorrad dealership, click here: https://bit.ly/4d4iWXv. 

FEF And Dharmatic Entertainment Collaboration Unveiled At The 3rd FEF Annual Gala


The Fashion Entrepreneur Fund (FEF) and Dharmatic Entertainment Pvt. Ltd., the digital content arm of Dharma Productions, announced an exciting new alliance during the 3rd FEF Annual Gala on September 05. The conference, held at Taj Lands End, Mumbai, was attended by prominent figures & FEF Stakeholders including, Mr. Akshay Kumar, Mr. Karan Johar, Mr. Ravi Jaipuria, Mr. Vinod Dugar, Ms. Manju Yagnik, Ms. Sonali Dugar and Ms. Apoorva Mehta.

The 3rd Annual Gala focussed on the shared vision of FEF and Dharmatic Entertainment to merge fashion with creative storytelling, aiming to nurture innovation and create new opportunities for emerging fashion entrepreneurs. The alliance of FEF and Dharmatic is poised to explore what lies ahead in this exciting new chapter.

This collaboration comes shortly after the announcement that Mr. Karan Johar, Indian filmmaker, television personality, and the Founder and Managing Director of Dharmatic Entertainment Pvt. Ltd., has individually joined FEF as an investor and promoter. Johar’s involvement with FEF shows his commitment to transforming the fashion industry by addressing the challenges faced by professionals in the sector.

Mr. Karan Johar commented on the initiative, “Fashion is more than just a visual statement; it's a narrative that reflects our identity, heritage, and aspiration. At Dharmatic, our focus has always been on telling stories that resonate with people. This partnership with FEF is an interesting opportunity to bring fashion-driven narratives to life, combining our storytelling expertise with FEF’s commitment to nurturing entrepreneurial talent in the fashion industry. Having recently joined FEF as a promoter, I’m even more looking forward to the potential this collaboration holds. Together, we are set to create content that is impactful, setting new trends and inspiring the next generation of fashion innovators.”

Mr. Apoorva Mehta, CEO and Managing Director of Dharmatic Entertainment, noted, “The fusion of fashion and creativity is redefining the boundaries of what's possible. At Dharmatic, we believe in collaboration as a force to drive innovation, and this partnership with FEF is proof to that vision. By merging fashion’s artistic expression with novel ideas, we aim to inspire new trends and elevate the profiles of emerging talent in the fashion industry.”

“Fashion has the unique power to shape culture and express individuality,” said Bollywood star Mr. Akshay Kumar. “This collaboration is a step towards setting trends that resonate with people and spark conversations about creativity and self-expression. I’m excited to see how this initiative combines innovation and fashion to make a lasting impact.”

Sharing his excitement and emphasising the business perspective, business magnate and Chairman of RJ Group, Mr. Ravi Jaipuria stated, “This partnership is a perfect blend of creativity and entrepreneurship. At FEF, our goal has always been to back ventures that have the potential to disrupt and redefine industries. Dharmatic’s expertise in storytelling combined with FEF’s focus on nurturing fashion entrepreneurs is a winning formula. This collaboration will help build sustainable business models that can adapt and flourish in the ever-evolving market.”

Adding their views, Mr. Vagish Pathak, Chairman & Mr. Sanjay Nigam, Founder of Fashion Entrepreneur Fund said, “We are excited to join hands with Dharmatic Entertainment. This partnership is in line with our mission to support and elevate the fashion industry by providing a platform for innovation and growth. With Karan Johar already onboard as an investor & promoter, this collaboration is a natural extension of our shared vision. By combining our strengths, we are poised to create a dynamic ecosystem that will enable fashion entrepreneurs to thrive, offering them the resources, mentorship, and exposure they need to succeed in this competitive landscape.”

Dharmatic Entertainment Pvt. Ltd. has rapidly established itself as a powerhouse in creative content, recognized for its high-quality, engaging, and diverse offerings that appeal to a global audience. This collaboration with FEF marks the beginning of a new chapter where fashion meets creative media, creating a vibrant platform for fashion entrepreneurs to shine.

About the Fashion Entrepreneur Fund (FEF):

Fashion Entrepreneur Fund (FEF), a groundbreaking initiative, fosters a collaborative ecosystem within the fashion industry. FEF is investing a substantial amount to empower individuals in the fashion sector, helping turn their aspirations into thriving enterprises. This pioneering venture studio aims to cultivate innovation and entrepreneurship, providing essential resources and mentorship to budding talents. By bridging gaps and offering support, FEF propels the growth and success of emerging businesses, enriching the fabric of the fashion landscape. With its robust foundation and visionary approach, FEF sets the stage for transformative change and sustainable growth in the industry.

Invesco Mutual Fund Launches Invesco India Technology Fund


* NFO Opens: 3 September 2024; Closes: 17 September 2024

Invesco Mutual Fund today announced the launch of its new fund Invesco India Technology Fund, (an open ended equity scheme investing in technology and technology related sectors).

Invesco India Technology Fund seeks to generate capital appreciation by investing 80% - 100% in equity & equity related instruments of companies in technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefiting from increased digital adoption. This fund will adopt both top down and bottom-up approach and will invest across market capitalization balancing large cap stability with midcap growth and small cap potential. The fund will target investments in Indian Technology Companies alongside global technology leaders and innovators*. The fund will be benchmarked to Nifty IT TRI and will be managed by the fund managers, Mr. Hiten Jain and Mr. Aditya Khemani.

Speaking at the launch, Mr. Taher Badshah, Chief Investment Officer, Invesco Mutual Fund said, "After a phase of subdued growth, the global IT services sector appears ready for recovery as the global economic environment stabilises and as conditions build for a potential reversal of the hitherto rising global interest rate cycle. Not only has the Indian IT services sector gained share during this period in helping global companies manage costs, but it is also well positioned to accelerate growth going forward as adoption of new technologies revive global discretionary technology spends.”

Mr. Hiten Jain, Fund Manager, Invesco Mutual Fund further said, “Today's world is driven by technology, and businesses are embracing newer technologies, creating new growth opportunities for IT companies. The sector is gaining strength, supported by digitalization, government initiatives, and other factors. Moreover, valuations are reasonable, and we anticipate cyclical recovery in earnings driven by improving business sentiment.”

The minimum investment amount during the NFO is Rs. 1,000/- and in multiples of Re. 1/- thereafter. For SIP investments, the minimum application amount is Rs. 500/- and in multiples of Re. 1/- thereafter. The fund will charge an exit load of 0.50% for units redeemed / switched out on or before 3 months from the date of allotment. No exit load will be charged if units are redeemed / switched out after 3 months.

The New Fund Offer (NFO) is now open for subscription from today (3 September, 2024) and will close on 17 September, 2024.

About Invesco Asset Management (India) Private Limited

Invesco Asset Management (India) is one of the leading asset management companies in India. With over INR 96,491 crores of average assets under management for quarter ending June 2024 across Mutual funds, PMS and Offshore Advisory, we serve investment needs of individual investors, corporate and institutions through mutual funds and sub- advised portfolios. Our expertise extends across equity, fixed income and alternative asset classes where we offer the complete range of funds designed to suit investment needs. IAMI’s aim is to provide top class financial care, impeccable service and best- in-class investment products.

For more details visit www.invescomutualfund.com

About Invesco Ltd.

Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.7 trillion in assets on behalf of clients worldwide as of June 30, 2024.

For more information, visit https://www.invesco.com/corporate 

Note: The above product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the Scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.

*Note - The Scheme will not invest in Overseas securities / Overseas ETFs during a period of six months from the date of closure of New Fund Offer. On an ongoing basis, the Scheme may make investments in overseas securities (i.e. ADRs, GDRs etc.) upto the available limit at the Fund level. Investments in Overseas ETFs is temporarily suspended and will be allowed once the communication is received from SEBI / AMFI.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Star Health Insurance Launches India's First Insurance Policy In Braille


-  Launches industry-first Braille version of Special Care Gold, offering comprehensive protection tailored for individuals with 40% or more disability

-  Launches a long-term inclusivity and diversity initiative to empower visually impaired individuals with income opportunities in the insurance sector

- In India, 34 million people (2.5% of the population) are visually impaired

- Economic potential total loss of productivity due to vision impairment in India is INR 646 billion

Star Health and Allied Insurance Co. Ltd (Star Health Insurance), India’s largest retail health insurer announced the launch of an industry-first insurance policy in Braille. Reinforcing Star Health Insurance’s commitment to inclusivity and accessibility, this is a significant step towards ensuring that the visually-impaired and blind diaspora can access information and make independent decision on matters related to their health and finance. Star Health has also launched a diversity and financial inclusivity drive to economically empower the 34 million diaspora of visually impaired/blind individuals in India with income generation opportunities. It is committed to supporting this unserved, marginalised section of society with training and upskilling to enable them to become health insurance agents with the Company. The beauty of this construct is that it enables them to work at their own pace, in their familiar surroundings and to take charge of their own lives.

Mr. Anand Roy, MD & CEO of Star Health Insurance said, “We are pleased to announce the launch of ‘Special Care Gold’ policy in Braille. This is a significant milestone in our mission to deliver equitable access to health insurance across all segments of society. This policy transcends traditional insurance, embodying our commitment to ensuring that individuals with disabilities receive the comprehensive support and coverage they need. We aim to build a more inclusive insurance sector – and specifically the 34 million individuals in India that are visually impaired. Aligned with IRDAI’s ‘Insurance for All’ vision, we are dedicated to ensuring democratisation of not just quality health insurance but also extend to enabling financial inclusivity by creating sustainable income generation opportunities for this unserved and marginalised  section of society. And who better than Srikanth Bolla – a dynamic force in society to evangelise this movement.”

Mr. Srikanth Bolla, Co-Founder & Chairman Bollant Industries said, “As someone who has experienced the challenges faced by individuals with special abilities, I applaud Star Health Insurance for this industry first, inclusive initiative. Special Care Gold is not just an insurance policy in Braille; it is a message of empowerment and equal opportunity. It acknowledges that people with special abilities have the same right to health protection as anyone else, and that's a significant stride towards true inclusivity in our society. My family and I are proud customers of Star Health Insurance – and I am delighted to now become a licensed health insurance agent with Star Health and to further evangelise this to reach those that need this crucial support to help them create their own destiny.”

Renowned industrialist Mr. Srikanth Bolla, a visually impaired entrepreneur and Co-Founder & Chairman of Bollant Industries, along with Mr. Anand Roy, MD & CEO of Star Health Insurance, graced the launch event.

The ‘Special Care Gold’ policy is specifically designed to meet the unique needs of persons with disabilities (PWD). In 2017, the Ministry of Health & Family Welfare reported that 34 million people in India, or 2.5% of the population, are visually impaired. A 2022 study by the Indian Journal of Ophthalmology estimated that vision impairment causes an economic loss of INR 646 billion in productivity, with a per capita loss of INR 9,192. This policy addresses a critical need for inclusive and comprehensive health coverage for this critical but unserved segment of customers. Special Care Gold exemplifies Star Health Insurance’s commitment to ensuring that quality healthcare is accessible to all, including those with conditions that are often overlooked.

Star Health Insurance aims to provide comprehensive support to these new recruits, including fully funded exam preparations, audio training and scribe for the exam for persons with disabilities (PWD). A dedicated hotline number for agents has been established to offer ongoing assistance and to address concerns. This initiative is designed to offer marginalized communities the flexibility to work at their own pace and from the comfort of their homes, making income generation accessible and adaptable to their individual needs.

The Braille version of "Special Care Gold" policy document was produced in collaboration with the National Association of the Blind (NAB). The policy offers tailored coverage for individuals with 40% or more disability, including those with physical, sensory, or cognitive impairments. It covers essential medical treatments and support services.

About Star Health and Allied Insurance:  

Star Health Insurance (BSE: 543412 | NSE: STARHEALTH) is India's leading standalone health insurer, operating since 2006. The Company offers Health, Personal Accident and Travel Insurance, with specialized products for cancer, diabetes, cardiac illnesses, senior citizens, women and children. Star Health has a strong distribution network, including 887 offices, 30,000+ healthcare providers, 718,000 agents, and robust bancassurance partnerships. The Company is also the first in India to settle over 1 crore claims. In FY24, Star Health reported a gross written premium of Rs 15,254 Cr and a net worth of Rs 6,339 Cr.

For more information visit www.starhealth.in

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