Wednesday, October 16, 2024

OneSource, A Multimodal Global Specialty Pharma CDMO Launches New Brand Identity At CPHI, Milan


OneSource Specialty Pharma, a newly formed CDMO, is formed from the merger of three CDMO businesses within the Strides Group, which boasts a 30-year track-record of excellence in manufacturing and quality. The company is launching its new brand identity with a strong emphasis on customer service, specializing in biologics, drug-device combinations, and soft gelatin capsules. With the current industry trends, including the remarkable growth of GLP-1 medications and the BIOSECURE Act, OneSource is strategically positioned to address the increasing demand for drug-device combinations and biologics drug substances. Its well-invested, state-of-the-art facilities and comprehensive service offerings create a solid foundation for significant growth in the pharmaceutical outsourcing sector.

Strategic Merger Enhances Customer Offerings

OneSource’s end-to-end offering across all its platforms was established in response to its customers’ need to streamline supply chains by consolidating their outsourcing partners. The three businesses, each serving over 50 global clients coming together as OneSource, provides a comprehensive end-to-end solution that reduces complexity, cost, and resources associated with managing multiple CDMO service providers. Since its launch as a combined platform in 2023, the company has rapidly expanded its client base and project offerings, facilitating cross-selling across its diverse portfolio with multiple customers buying services from all three verticals.

State-of-the-Art Facilities offer significant drug-device fill-finish capacities

With five world-class facilities approved by major regulatory agencies, including the USFDA, EU, and TGA, OneSource boasts a skilled workforce of over 1,200 professionals and advanced production capabilities. The company excels in manufacturing supply-constrained drug-device combinations, biologics, and soft gelatin capsules, with the capacity to produce more than 100 million injectable doses including cartridges and pre-filled-syringes and 2.4 billion soft gelatin capsules. Notably, its flagship site is one of the few globally capable of manufacturing both biologics drug substance and drug product on the same premises.

Ambitious Growth Trajectory

OneSource is projected to achieve a remarkable 32% revenue growth in 2025, with sales anticipated to reach $400 million by 2028. The company’s strong growth prospects are driven  by industry trends, including the increasing self-administration of drugs via auto-injectors, led by significant success of GLP-1 medications. OneSource is well-positioned to capitalize on these developments as it embarks on its ambitious journey in the biopharmaceutical sector. In addition, the significant interest in the changing supply chain landscape due to the BioSecure Act, serves as a tailwind to the strong growth plans.

Vision for the Future

Neeraj Sharma, CEO of OneSource, stated, “Our vision is to blend the expertise of global CDMO giants with the agility and service levels of a challenger, all supported by our unwavering commitment to compliance. As demand for innovative CDMO solutions grows, especially for complex therapies, we are well-positioned to accelerate drug development and manufacturing for our global partners. We’re excited to participate in CPHI Milan and look forward to forging new partnerships.”

OneSource is currently undergoing regulatory approvals and, upon completion, will be listed on the India stock exchanges.

Visit OneSource Pharma at booth no. 5C33

About OneSource Specialty Pharma

OneSource Specialty Pharma Limited, formerly known as Stelis Biopharma Limited, is India’s first specialty pharma pure-play CDMO business. By integrating Stelis’ Biologics CDMO, SteriScience's Complex Injectables, and Strides' Soft Gelatin businesses, we are positioned to deliver exceptional services to our customers. Following the NCLT process and listing, OneSource Specialty Pharma will operate five state-of-the-art facilities in Bengaluru, India, all approved by major regulatory bodies, including the USFDA and EU authorities. Along with a team of over 1,200 professionals, including 200+ techno-commercial experts, we specialize in diverse dosage formats and advanced biologics platforms. Our comprehensive solutions span across platforms and therapeutic modalities, including Biologics, Drug-device combinations, Complex Injectables, and Oral Technologies. Committed to innovation and excellence, we support global partners in delivering life-saving products efficiently.

Tuesday, October 15, 2024

Games24x7 Launches TechXpedite, The Cecond Edition Of Its Accelerator Program To Strengthen India's Startup Ecosystem


Games24x7, India's most user-centric, scientific, and innovative online gaming company, announced the launch of the second edition of its accelerator program, TechXpedite, aimed at catalyzing innovation in India’s startup ecosystem. With AWS as its cloud partner, this 60-day accelerator program is designed to empower startups in three key areas of gaming, Artificial Intelligence (AI), and impact-driven inclusive technology, through product development, services and research.

Talking about the program, Shri Priyank Kharge, Hon’ble Minister for Information Technology (IT), Bio-Technology (BT), and Rural Development & Panchayat Raj, Government of Karnataka, said, "Initiatives like TechXpedite are the kind of catalysts that will go a long way in accelerating the next phase of innovation, helping early-stage startups grow into global leaders. A unique vision and collaboration with the private sector have been instrumental in making Karnataka a leading force in India's technology and startup ecosystem. As we look to the future, Karnataka is well-positioned to bridge the digital divide and ensure technology contributes to both economic growth and social welfare."

Bhavin Pandya, Co-CEO & Co-Founder, Games24x7, said, "The second edition of our accelerator program affirms our belief that investments in Data Science, Artificial Intelligence and Machine Learning will lead to significant advancements, and we are proud to play a role in fostering this potential within India’s technology startup ecosystem. Given our extensive experience spanning close to two decades, we are suitably placed to support the new-age entrepreneurs through mentorship, training and access to capital as they bravely and passionately innovate to create disruptive products and services.”

Dr. Ekroop Caur, Secretary, Department of Electronics, IT, BT, and S&T, Government of Karnataka, said, “The Government has the vision to make Karnataka the driver of innovation in India, and accelerator programs like TechXpedite are commendable for the impact they have on fueling the burgeoning startup ecosystem of the state. Startups and entrepreneurs will benefit from the exposure and guidance, which will ultimately pave the way for practical and sustained growth.”

TechXpedite will host city-based chapters across India to engage startups from relevant sectors, providing access to mentorship and networking opportunities. A cohort of 15-20 ready to accelerate startups selected from the applications will be part of a structured mentorship program where they will interact with industry experts, VCs and technology leaders in tailored sessions designed specifically to address challenges faced by startups looking to scale their business and operations. Participants will receive credits of around US$500,000 from over 30 credit partners.

The accelerator program is open to startups working on gaming, AI, and inclusive technology. With a focus on scalable innovation, TechXpedite aims to empower startups to create working proofs of concept (PoCs), use-case applications, and market-ready solutions. The program will culminate in a pitch event in February 2025, where selected startups will present their solutions to a panel of investors, industry experts, and domain leaders.

About Games24x7

Games24x7 is an India headquartered online gaming company with a portfolio that spans skill games. It was founded by New York University-trained economists Bhavin Pandya and Trivikraman Thampy in 2006. Backed by marquee investors including Tiger Global, The Raine Group, and Malabar Investment Advisors, the company specializes in using behavioral science, technology and artificial intelligence to provide an awesome game-playing experience across all its platforms. Games24x7 operates RummyCircle, the largest online rummy platform in India, and My11Circle, one of the country’s top fantasy sports platforms with offices in Mumbai, Bengaluru and New Delhi. 

Samsung Ushers In A New Era By Expanding Galaxy Ecosystem, Begins Pre-Reserve For Galaxy Ring In India


·        Galaxy Ring provides accurate, uninterrupted health data for personalized health solutions

·        Galaxy Ring brings an optimal form factor with convenience as per the users’ needs

Samsung, India’s largest consumer electronics brand, today announced the commencement of pre-reserve for its highly anticipated Galaxy Ring in India. The Galaxy Ring, which fits comfortably on users’ fingers like a traditional ring, is equipped with cutting-edge Galaxy AI features and sensors to deliver a differentiated experience.

The Galaxy Ring adorns a titanium finish for enhanced durability and comes with an IP68 rating for water and dust resistance. The Galaxy Ring is rated 10ATM as it is built to withstand water depths of up to 100 meters, performing seamlessly in all conditions.

Customers can pre-reserve their Galaxy Ring by paying a token amount of INR 1999 on Samsung.com, select retail stores, Amazon.in and Flipkart.com.

Customers who pre-reserve the Galaxy Ring during this period will receive a complimentary Wireless Charger Duo worth INR 4999 upon purchase.

Ushering a new era in the wearable device portfolio, Galaxy Ring features technology that helps users understand their health and body mannerisms easily. Blending a sleek, timeless design with cutting-edge health tracking features, Galaxy Ring will be available in 9 different sizes, ranging from size 5 to size 13.

Offering a compact, sophisticated solution for users seeking seamless connectivity and wellness monitoring, Samsung India will provide its customers the option to get a sizing kit to ensure best fit before purchasing Galaxy Ring.

Weighing just 2.3 grams (for size 5) with a narrow 7.0 mm width, Galaxy Ring is ultra-lightweight and compact, designed for providing comfort, during both day and night wear. It offers up to 7 days of battery life, providing users with a long-lasting endurance best suited for busy lifestyles.

Powered by Samsung's innovative "Health AI," Galaxy Ring will deliver personalized health experiences that track users' energy levels, sleep stages, activity, heart rate, and stress levels. It allows users to set and forget, simplifying health tracking while providing personalized coaching and insights.

Galaxy Ring also integrates effortlessly with other devices in the Galaxy ecosystem, enhancing the connected experience for users. Galaxy Ring further offers features like 24/7 health tracking in synergy with Galaxy smartwatches, gesture controls, and Smart Find for added convenience.

Rapido Leads The Charge For Sustainable Mobility With Bangalore’s Largest EV Auto Fleet


*       Rapido becomes the first ride-hailing company to pioneer the EV Auto segment in Bangalore.

*       Over 4,000 captains operate the EV auto fleet in two shifts, completing more than 2.25 million rides and covering 15.6 million kilometers.

*       This initiative has led to savings of 1,036 tons of CO2 emissions, contributing to a greener future for Bangalore.

Rapido, India’s largest ride-sharing platform and a leading job creator, continues to push boundaries in electric mobility with the successful deployment of its Electric Vehicle (EV) Auto Fleet in Bangalore. With over 4,000 captains operating in two shifts, Rapido’s EV autos have already completed more than 2.25 million rides, covering over 15.6 million kilometers. This transition to electric autos has resulted in the savings of 1,036 tons of CO2 emissions, significantly reducing the carbon footprint of urban transportation in the city.

Commenting on this milestone, Pavan Guntupalli, Co-founder of Rapido, said "We take immense pride in being the first in our category to introduce EV autos in Bangalore. This initiative is part of our broader sustainability goals, and we are committed to expanding it further. Along with the environmental benefits, we are creating sustainable job opportunities for our gig workforce, enabling them to maximize their earnings while making a positive environmental impact. We are thrilled with the role our captains and riders have played in reducing the carbon footprint of urban transport so far."

In addition to the environmental benefits, Rapido’s EV initiative has made a substantial economic impact. Captains in Bangalore have collectively earned a total of INR 178 million, underscoring the significant earning potential that EV adoption has brought to the city's drivers. Looking ahead, Rapido aims to expand its EV auto fleet to 1,500 vehicles and onboard approximately 5,000 captains by 2025 in Bangalore. This growth aligns with the company’s mission to create jobs while advancing a cleaner, greener, and more sustainable future.

With EV autos at the forefront of its mobility services, Rapido is driving innovation in shared transportation for a cleaner, greener Bangalore. This initiative is just the beginning of Rapido’s larger vision to lead sustainable mobility across India, with plans to expand its EV operations to other cities.

Bentley Systems Partners With Google To Bring Powerful Geospatial Context And Capabilities To Infrastructure


* Collaboration enables use of Google 2D, 3D geospatial content within Bentley’s applications and platforms to deliver actionable insights to infrastructure professionals

Bentley Systems’ Year in Infrastructure 2024), October 15, 2024 — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced a strategic partnership with Google to integrate Google’s high-quality geospatial content with Bentley’s infrastructure engineering software and digital twin platform to improve the way infrastructure is designed, built, and operated.

As a digital representation of the physical world, digital twins unlock meaningful value and insights throughout the infrastructure lifecycle, from project planning and design through construction and asset operation. By leveraging the engineering data created and managed in Bentley software alongside Google’s geospatial data, AI and analytics, and cloud technologies, engineers can design and manage infrastructure in context and at scale to address today's most urgent challenges, from mitigating climate risk to maintaining aging infrastructure.

Through the partnership, Bentley software users and developers can use Google Maps Platform’s geospatial content, including Google’s stunning Photorealistic 3D Tiles, for real-world geospatial context and immersive 3D experiences in their digital workflows. The partnership complements Bentley’s recent acquisition of Cesium, the foundational open platform for creating powerful 3D geospatial applications. Cesium is the creator of the 3D Tiles open standard used by Google. Bentley is also collaborating with Google Cloud to deliver AI-driven insights for asset analytics.

Bentley CEO Nicholas Cumins said, "By combining Google’s extensive geospatial content and cloud capabilities with Bentley’s infrastructure engineering software and digital twin platform, infrastructure professionals can improve their work and ensure projects and assets are created and operated with greater resilience and sustainability. This partnership demonstrates how open standards, such as 3D Tiles, can help infrastructure professionals evolve their practices by leveraging the power of geospatial context.”

Chris Phillips, vice president and general manager of Geo at Google, commented, “Photorealistic 3D Tiles in Google Maps Platform power breathtaking immersive experiences and can transform workflows for architects, engineers, and urban planners. We’re excited to partner with Bentley to bring powerful geospatial context and capabilities that can dramatically improve how infrastructure is designed, built, and operated with data.”

About Bentley Systems

Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than $1 billion in 194 countries.

Curefoods Gears Up For The Festive Season With Major Milestones And Exciting Campaigns Across House Of Brands


As the festive season approaches, Curefoods, India’s leading F&B house of brands, is set to make waves with a series of exciting initiatives and significant milestones across its flagship brands—EatFit, Olio, CakeZone, and Sharief Bhai. With a focus on indulgence, partnerships, and fresh brand ambassadors, Curefoods is positioned to captivate its audience this Diwali.

Olio and CakeZone - A Rapid Expansion Milestone

Olio and CakeZone have achieved a significant milestone, expanding to 150 stores across India. This growth reflects the increasing demand for both brands, with Olio offering a unique pizza experience and CakeZone becoming a go-to destination for desserts. Their expansion highlights the growing popularity of Curefoods' offerings, as the brands continue to establish a strong presence in multiple cities, catering to a diverse and expanding customer base nationwide.

Sharief Bhai - Authentic Dakhni Biryani Goes Big

Sharief Bhai, celebrated for its authentic Dakhni-style biryani, has reached a significant milestone of 50 stores across key regions in India. Building on this momentum, the brand is also expanding internationally with its first store opening in Dubai, bringing the rich flavors of Dakhni cuisine to a global audience. This festive season, Sharief Bhai is launching an exciting collaboration with Bigg Boss Kannada and Bigg Boss Tamil under the campaign “Yeh hai Dakhni Style Boss.” The high-profile partnership will feature branded visuals, banners, and social media amplification during the show’s most-watched moments, enhancing the brand’s visibility during the festive season.

Gokul Kandhi, Chief Business Officer, Curefoods, said, “This festive season is an exciting time for Curefoods as we continue to witness tremendous growth across all our brands. The festive period is a significant moment for us to launch innovative campaigns and strengthen our connection with customers through memorable food experiences. Our focus remains on delivering quality and authenticity while expanding our reach both in India and internationally. We’re proud of the milestones we’ve achieved this year and look forward to making this festive season even more special for our customers as Curefoods continues to grow as a trusted and loved brand.”

CakeZone Welcomes Palak Tiwari

CakeZone is set to captivate a younger audience this festive season by announcing actress Palak Tiwari as its new brand ambassador. Known for her vibrant personality, Palak will headline CakeZone’s festive campaign "With Love, Palak," which introduces a special range of curated hampers featuring her favorite desserts. Palak’s association with CakeZone promises to elevate the brand’s visibility and appeal during this joyous time of year.

EatFit - A Playful Festive Campaign

EatFit is joining the festive spirit with a unique twist on indulgence. The Diwali campaign, titled "This Diwali - Don’t EatFit", encourages customers to indulge guilt-free during the celebrations. Following Diwali, the narrative will shift to "Why EatFit after Diwali", promoting the brand's healthier options as people reset their routines. The campaign will run across various channels including social media, meme pages, Jio Saavn, and print ads, providing a fun yet thoughtful approach to festive eating.

A Season of Growth and Celebration

Through these milestones and festive campaigns, Curefoods continues to cement its position as a leader in the cloud kitchen space. From major store expansions to innovative brand partnerships, the company is ready to celebrate this festive season with its customers.

About Curefoods:

Curefoods is a leading house of F&B brands in India. It was founded by Ankit Nagori in 2020. It houses brands like EatFit, Cakezone, Nomad Pizza, Sharief Bhai Biryani and Frozen Bottle, among others. It has over 350 cloud kitchens and offline stores that cater to over 10 cuisines, across 30 cities in India. Curefoods is the second-largest cloud kitchen player in India in terms of footprint with the largest manufacturing capability in the fresh food space. Additional information on Curefoods is available at https://curefoods.in

Global Web3 Stakeholders To Explore Collaboration With Indian Tech Ecosystem At India Blockchain Week 2024


Top international Web3 players are coming to India Blockchain Week (IBW) from 30th November to 8th December 2024 in Bangalore, to foster purposeful collaboration with the Indian innovation ecosystem. Returning this year with over 100 exciting events, IBW is the country’s first-ever multi-chain platform catalyzing mass adoption of blockchain innovation across industries. Some of the events include the flagship IBW Conference, IBW chain-agnostic Hackathon, IBW Web3 Demo Day, ETH India Hackathon, and more, bringing together the brightest minds in the Web3 ecosystem along with policymakers to create a conducive environment for cross-border partnerships.

The Indian government's growing focus on blockchain innovation has driven initiatives like the National Blockchain Framework (NBF) to enhance information security, transparency, and efficiency for digital governance and service delivery. Launched under the same initiative by the Ministry of Electronics and  Information Technology (MeitY), the Vishvasya Technology Stack offers Blockchain-as-a-Service (BaaS) through data centers across Pune, Hyderabad, and Bhubaneswar, supporting various permissioned blockchain applications. These efforts reflect the government's commitment to advancing and implementing blockchain solutions.

Hosted by Hashed Emergent, a Web3 Venture Capital firm, the 2-day flagship IBW Conference will take place on the 4th and 5th of December at the Sheraton Grand Bengaluru Whitefield Hotel & Convention Center, hosting prominent speakers including Sandeep Nailwal, Co-founder of Polygon, Avery Ching, Co-founder and CTO of Aptos, Keone Hon, CEO of Monad, and Chen Fang, COO of BitGo. Alongside Indian policymakers, entrepreneurs, and developers, the conference will facilitate discussions on India’s vibrant tech talent, its market adaptability for technological advancements, and the evolving regulatory landscape. 

Avery Ching, the Co-founder & CTO of Aptos Labs, commented, “India is home to incredibly talented developers and leaders who are advancing web3 in remarkable ways. It’s inspiring to see the impact builders in India have had on the entire Aptos ecosystem, and I hope to see more builders after our activation at IBW this year.”

"India is at a unique inflection point in Web3 adoption, with its thriving developer community, commitment to entrepreneurship, and pace of economic activity. I am excited to speak about opportunities for Monad Labs to collaborate with the local Web3 ecosystem in advancing blockchain innovation," added Keone Hon, CEO of Monad.

A consultation panel, led by the Department of Economic Affairs (DEA), is currently collaborating with industry stakeholders, including experts, companies, and the public, to establish regulations for cryptocurrency in India. IBW Conference will act as a vital platform for dialogue between policymakers and industry experts, providing a roadmap for India's potential in this sector.

“As a host of India Blockchain Week Conference, we are committed to amplifying India’s thriving web3 landscape on the global stage,” said Tak Lee, CEO & Managing Partner of Hashed Emergent. “Our goal is to foster collaboration across the Indian ecosystem by bringing together local innovators and global stakeholders. We’re excited to return with the second edition of IBW, continuing our work to nurture and grow the web3 community in India and other emerging markets.”

India’s innovation ecosystem is fueling global blockchain growth contributing to over 12% of the world’s Web3 developers and housing more than 1,000 startups, according to a joint report by Hashed Emergent and KPMG India. To further drive this momentum, IBW Demo-Day on December 4th will spotlight 15 leading Indian Web3 startups, showcasing their projects to an audience of investors, founders, and developers. ETH India Hackathon, running from December 6-8, will host over 1,500 developers, making it one of the country’s largest Ethereum hackathons. The IBW Hackathon will see 250+ participants, with the top ten projects competing for prizes and a chance to present at IBW2024 Conference.  

With sponsors like Polygon, Aptos, Starkware, and Starknet Foundation, IBW 2024 Conference will unite the largest ecosystems of start-ups, developers, and investors in the global web3 industry. Last year’s IBW Conference featured Vitalik Buterin (Ethereum), Jayant Sinha (Former Member of Parliament), Sebastien Borget (Sandbox), Charles Guillemet (Ledger) among others as speakers. 

About India Blockchain Week (IBW)

India Blockchain Week (IBW) is India’s largest series of blockchain and Web3 events, set to unify the global and local blockchain communities from November 30th to December 8th, 2024. With over 100 events, including the IBW2024 Conference, ETHIndia,  IBW Demo-day, IBW Hackathon, and other networking opportunities, IBW provides a platform for thought leadership and collaboration across the blockchain ecosystem.

About Hashed Emergent

Hashed Emergent is the venture capital arm of Hashed, backing builders from India and emerging markets shaping the on-chain frontier. It invests at the earliest stages of a web3 startup's journey, using its expertise, experience, and network to amplify their growth and success. The team is rooted in the cultural hubspots of web3 in emerging markets, spanning across Bangalore, Seoul, Singapore, Lagos and Dubai. Hashed Emergent drives web3 focused ecosystem and community expansion in these markets through its purpose-built initiatives. 

Total Pageviews