Wednesday, October 16, 2024

Samsung Expands Its Galaxy Wearables Ecosystem In India To Bring Premium Healthcare Experience With Galaxy Ring Starting INR 38999


* Galaxy Ring supports everyday wellness monitoring, allowing users to stay informed about heart health with HR (heart rate) monitoring providing alerts for high/low heart rates

* Galaxy smartphone consumers can activate simple Gesture Controls (like double pinch) on Galaxy Ring to take photos easily or even dismiss alarms

Samsung, India’s largest consumer electronics brand, today announced the launch of its highly anticipated Galaxy Ring in India. Providing a sleek, stylish and compact form factor, this latest addition to the wearable’s portfolio is central to Samsung’s vision for Galaxy AI to enhance digital health, delivering personalized insights and tailored health experiences to customers.  

The launch of Galaxy Ring marks a new step in active and autonomous health management, moving beyond mere monitoring to offer users valuable guidance for healthier lifestyles. Galaxy Ring features advanced sensors that provide insights to help users understand their lifestyle patterns, helping them to manage their health goals.

Designed for 24/7 health monitoring, Galaxy Ring offers a simple approach to everyday wellness. Blending timeless style with revolutionary functionality, it will be available in 9 different sizes, ranging from Size 5 to Size 13. Weighing just 2.3 grams for Size 5 with a width of just 7.0 mm, Galaxy Ring is ultra-lightweight, making it ideal for all-day wear. The weight of Galaxy Ring varies with size, going up to 3 grams for the biggest size (Size 13). Its distinct concave design adds a touch of elegance while maintaining durability. Despite its size, the device offers up to 7 days of battery life encased in a specially designed charging case that features aesthetic LED lighting to indicate charging status. The charging case comes with a clamshell design reminiscent of a jewellery box.

Engineered with premium materials, including a titanium finish for enhanced durability, Galaxy Ring is IP68 water- and dust-resistant and can withstand depths of up to 100 meters with its 10ATM rating. This makes Galaxy Ring a sophisticated yet rugged accessory, perfect for all use cases.

"The launch of Galaxy Ring marks a massive leap in Samsung’s commitment to democratize cutting-edge technology for everyone, helping users turn data in to meaningful insights and create a whole new era of expanded, intelligent health experiences. Galaxy Ring is not just another wearable, it’s a revolutionary health-tech device that blends innovation with accessibility. With advanced AI-driven insights, 24/7 health monitoring and a sleek, lightweight design, it empowers users to seamlessly track their wellness anytime, anywhere. With Galaxy Ring, we’re paving the way for a healthier, more connected future for all,” said Aditya Babbar, Vice President, MX Business, Samsung India.

Powered by Samsung’s proprietary "Health AI", Galaxy Ring delivers real-time insights intuitively, so users can simply wear it and let the AI-driven insights work in the background, providing personalized recommendations and wellness tips. All data and insights are integrated into Samsung Health for seamless access within one cohesive platform without a subscription.

Starting with sleep, Galaxy Ring features Samsung’s best-in-class sleep analysis and a powerful sleep AI algorithm. Along with Sleep Score and snoring analysis, new sleep metrics such as movement during sleep, sleep latency, heart and respiratory rate provide a detailed and accurate analysis of sleep quality.

Additionally, Galaxy AI generates a detailed health report that includes health metrics like Energy Score to enhance consumer’s awareness of the ways their health influences your daily life. This score is calculated by evaluating physical and mental capacity across four significant factors: Sleep, Activity, Sleeping Heart Rate and Sleeping Heart Rate Variability. In addition, the Wellness Tips feature is driven by comprehensive data and provides personalized insights according to user’s goals. Galaxy Ring also supports everyday wellness monitoring, allowing users to stay informed about heart health with HR monitoring providing alerts for high/low heart rates. Galaxy Ring is able to auto-detect workouts (walking & running) as well as provides inactive alerts to users keeping them motivated to achieve their goals. Furthermore, Galaxy Smartphone consumers can activate simple Gesture controls (like double pinch) on Galaxy Ring to easily take photos or dismiss alarms.  Furthermore, Galaxy Ring works seamlessly when worn simultaneously with Samsung Galaxy Watch providing enhanced accuracy of health and wellness tracking and improved battery life (up to 30%)

Design, Availability and Pricing

Galaxy Ring starts at INR 38999 and will be available on Samsung.com, select retail stores, Amazon.in and Flipkart.com.

Empowering consumers to stay true to their personal style with three colour choices — Titanium Black, Titanium Silver and Titanium Gold, Galaxy Ring is poised to fit comfortably on users’ fingers like a traditional ring. Customers who are unsure about their ring size have the option to first get a sizing kit to verify the best fit before purchasing Galaxy Ring.

Customers can also purchase the Galaxy Ring starting at just INR 1,625 per month with 24 months No Cost EMI across leading bank cards as well as financing through Samsung Finance+ and Bajaj Finance. In addition, Samsung is also offering a 25W Travel adapter to customers who purchase Galaxy Ring until 18th October, 2024.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the world of TVs, smartphones, wearable devices, tablets, digital appliances, network systems and memory, system LSI, foundry and LED solutions. 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 

RCAAI 2024: A Global Platform For Sustainable Automation


The 3rd International Conference on Robotics, Control, Automation, and Artificial Intelligence (RCAAI 2024) took place from October 14-16, 2024, at the Manipal Institute of Technology (MIT) in collaboration with Malaviya National Institute of Technology (MNIT), Jaipur. This prestigious event gathered more than 350 participants, including researchers, industry leaders, and academics, focusing on the theme "Sustainability through Automation." The conference provided an invaluable opportunity for knowledge sharing, high-quality research presentations, and the fostering of future collaborations across multiple domains, including robotics, automation, digital manufacturing, and artificial intelligence.

The central objective of RCAAI 2024 was to address global challenges by integrating sustainability into cutting-edge automation technologies. The conference’s convenor, Dr. Ishwar Bhiradi, emphasized the importance of maintaining material circularity while developing new automated systems to ensure environmental sustainability. He called for a stronger collaboration between academia and industry to ensure end-of-life circularity specially in electronics sector.

The three-day event featured seven insightful keynote addresses from field experts and showcased 86 exceptional papers chosen from a large number of submissions. Discussions were divided into eight thematic tracks, with presentations taking place in a hybrid format to allow global participation. Topics spanned various automation technologies, control systems, and advancements in artificial intelligence, all with an emphasis on their role in sustainability.

During the opening ceremony, Dr. P. Giridhar Kamath, Registrar of MAHE, highlighted the need to embed sustainable practices into student life so they could carry these principles into their careers. Dr. Anil Rana, Director of MIT Manipal, commended the efforts of the organizing committee, noting how well the conference integrated mechatronics topics under the common goal of sustainability. Dr. D. V. Kamath, Head of the Department of Mechatronics, welcomed attendees, while co-convenor Dr. Rajeev Agrawal of MNIT Jaipur praised the partnership between the institutions and shared case studies showcasing the effectiveness of sustainable practices in the industry.

As a symbolic gesture of RCAAI 2024’s commitment to sustainability, a tree was planted at the conclusion of the conference, serving as a lasting reminder of the event’s core mission. RCAAI 2024 not only provided a platform for groundbreaking research and discussion but also solidified its position as a leading forum for innovation in robotics and automation, with sustainability at its heart. The event further reinforced MIT Manipal’s Department of Mechatronics Engineering as a key player in advancing the future of automation and sustainable development.

Dream Come True Moment For Five Kids Of Bengaluru, As They Meet Players Of Indian National Cricket Team In An Unforgettable Encounter


Cricket is not just a sport in India, it is an emotion, passion & source of inspiration for millions. Growing up in communities where cricket has always been a unifying passion, most of us often watched matches on borrowed screens or heard commentaries on radios. However, for five kids from Parikrma Humanity Foundation, an NGO based in Bengaluru, it was a dream-come-true moment when they not only got a glimpse of their cricketing stars but were in the practice nets with players of Indian national cricket team.

On a platform facilitated by SBI Life insurance and BCCI, the five underprivileged kids found themselves getting wicketkeeping tips from Sanju Samson, facing the bowling attack of ace wicket taker Arshdeep Singh and batting alongside none other than the current Indian T20 captain Suryakumar Yadav himself. 

The objective behind the initiative by SBI Life Insurance was to enrich the lives of underprivileged children by not only supporting their education & holistic development but also inspiring them to dream big and achieve their aspirations for a brighter future.

The five kids Deepika M, Mailari N, Ananya V, Nava Pranav and Paogouhao L, also got the opportunity to watch the India Vs Bangladesh international T20 match at the Arun Jaitley Stadium in New Delhi.

Mr. Ravindra Sharma, Chief of Brand, Corporate Communication, and CSR at SBI Life, said, “We’re honoured to have played a small part in helping these children experience such a significant moment in their lives. At SBI Life we look at our partnership with BCCI beyond supporting the sport to inspire fans across the nation and liberate them to dream big and pursue those dreams. We are thankful of the cricketing legends like Suryakumar Yadav, Arshdeep Singh and Sanju Samson, to take time out and wholeheartedly play ball with kids, the quality time spent will be etched as an inspirational memory for the kids, encouraging them to dream big. Through initiatives like these, SBI Life remains committed to supporting and empowering children, ensuring that their dreams are nurtured both inside and outside the classroom”.

Here’s a glimpse of the experience: https://www.instagram.com/reel/DA8C4_8scF0/?igsh=MW5idnNsNng4eXlxbw%3D%3D 

Sphere Entertainment And The Department Of Culture And Tourism – Abu Dhabi Plans To Make Abu Dhabi Next Sphere Venue Location


Sphere Entertainment Co. (NYSE: SPHR) (“Sphere Entertainment”) and the Department of Culture and Tourism – Abu Dhabi (“DCT Abu Dhabi”) announced today that they will work together to bring the world's second Sphere to Abu Dhabi, United Arab Emirates. This next-generation entertainment medium is expected to be a landmark addition to this premier international capital city, elevating the entertainment offerings for residents and visitors alike.

“The vision for Sphere has always included a global network of venues, and today’s announcement is a significant milestone toward that goal,” said James L. Dolan, Executive Chairman and Chief Executive Officer, Sphere Entertainment. “Sphere is redefining live entertainment and extending the reach of its transformative impact. We are proud to collaborate with DCT Abu Dhabi to develop Sphere in their city.”

H.E. Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi, said: “We are excited to bring Sphere to Abu Dhabi in partnership with Sphere Entertainment, providing our residents and visitors with an extraordinary new form of entertainment. Sphere Abu Dhabi will seamlessly integrate advanced technology with captivating storytelling, creating unforgettable memories for everyone who visits. This partnership aligns with our Tourism Strategy 2030, further establishing Abu Dhabi as a vibrant hub for culture and innovation. By embracing cutting-edge entertainment like Sphere, we're not only elevating our global profile but also setting new standards in immersive experiences and cultural offerings.”

Since opening the first Sphere in Las Vegas to worldwide acclaim in September 2023, Sphere Entertainment has actively pursued its plans to develop a global network of Sphere venues. This expansion is expected to provide significant growth potential and drive new revenue streams by leveraging Sphere Entertainment’s expertise, proprietary technology, and original content.

Located in a prime spot in Abu Dhabi and echoing the scale of the 20,000-capacity Sphere in Las Vegas, this venue promises to redefine entertainment in the region. Sphere in Abu Dhabi is expected to be a major year-round draw for both residents and visitors from around the world, offering opportunities to experience events, concerts, and shows like never before in an unforgettable and revolutionary setting.

Sphere Entertainment and DCT Abu Dhabi, the organization driving the growth of Abu Dhabi’s culture and tourism sectors and promoting the city as a global destination, have agreed to collaborate on building the next Sphere venue in Abu Dhabi, which welcomed more than 24 million visitors in 2023. Under the terms of the partnership, which is subject to finalization of definitive agreements, DCT Abu Dhabi will pay Sphere Entertainment a franchise initiation fee for the right to build the venue, utilizing Sphere Entertainment’s proprietary designs, technology, and intellectual property. Construction will be funded by DCT Abu Dhabi, with Sphere Entertainment’s team of experts providing services related to development, construction, and pre-opening of the venue.

Following the venue’s opening, Sphere Entertainment plans to maintain ongoing arrangements with DCT Abu Dhabi that are expected to include annual fees for creative and artistic content licensed by Sphere Entertainment, such as Sphere Experiences; use of Sphere’s brand, patents, proprietary technology, and intellectual property; and operational services related to venue operations and technology, as well as commercial and strategic advisory support.  

About Sphere 

Sphere is a next-generation entertainment medium that is redefining the future of live entertainment. A venue where the foremost artists, creators, and technologists create extraordinary experiences that take storytelling to a new level and transport audiences to places both real and imagined. The venue hosts original Sphere Experiences; concerts and residencies from the world's biggest artists; and premier marquee and corporate events. The first Sphere venue opened in Las Vegas in September 2023, and is a new Las Vegas landmark, powered by cutting-edge technologies that ignite the senses and enable audiences to share experiences at a never-before-seen scale. More information is available at thesphere.com.

About Sphere Entertainment Co.

Sphere Entertainment Co. is a premier live entertainment and media company. The Company includes Sphere, a next-generation entertainment medium powered by cutting-edge technologies to redefine the future of entertainment. The first Sphere venue opened in Las Vegas in September 2023. In addition, the Company includes MSG Networks, which operates two regional sports and entertainment networks, MSG Network and MSG Sportsnet, as well as a direct-to-consumer and authenticated streaming product, MSG+, delivering a wide range of live sports content and other programming. More information is available at sphereentertainmentco.com. 

About the Department of Culture and Tourism – Abu Dhabi

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) drives the sustainable growth of Abu Dhabi’s culture and tourism sectors and its creative industries, fuelling economic progress and helping to achieve Abu Dhabi’s wider global ambitions. 

By working in partnership with the organisations that define the emirate’s position as a leading international destination, DCT Abu Dhabi strives to unite the ecosystem around a shared vision of the emirate’s potential, coordinate effort and investment, deliver innovative solutions, and use the best tools, policies and systems to support the culture and tourism industries.

DCT Abu Dhabi’s vision is defined by the emirate’s people, heritage and landscape. We work to enhance Abu Dhabi’s status as a place of authenticity, innovation, and unparalleled experiences, represented by its living traditions of hospitality, pioneering initiatives and creative thought.

Isuzu Motors India Launches ISUZU D-MAX Ambulance. Fully-Built To AIS-125 Type C Specifications.


*  Isuzu strengthens its position as a game changer in the automotive industry.

* All set to create a new benchmark in ‘Basic Life Support’ ambulance category with 14 Best-in-Class features.

Isuzu Motors India is proud to announce the launch of ISUZU D-MAX Ambulance, that is fully-built to AIS-125 Type C ambulance specifications. This pioneering ambulance is engineered to empower a faster response while providing unparalleled reliability, safety and comfort in patient transportation, setting a new standard in emergency medical care services.

Designed for India, with ISUZU’s proven technology and a deep understanding of the needs of healthcare providers, the new ISUZU D-MAX Ambulance comes with 14 ‘Best-in-Class’ features ushering in a new era in ‘Basic Life Support’ ambulances in the country.

Commenting on the launch, Mr. Toru Kishimoto, Deputy Managing Director of Isuzu Motors India, said, “We are excited to present the ISUZU D-MAX Ambulance, our unique product designed for the Indian market, with 14 ‘Best-in-Class’ features. Isuzu has always been synonymous with trust and reliability. The new ISUZU D-MAX Ambulance carries forward these values, offering high-quality build and unmatched robustness, while conforming to the specifications defined under AIS-125 Type C ambulance. With this launch, Isuzu Motors India continues to strengthen its position as a game changer in the automotive industry, delivering quality products that are both innovative and tailored to the unique demands of the Indian market. We are confident that our ‘ISUZU D-MAX Ambulance’ will set a new benchmark in the ‘Basic Life Support’ ambulance category”.

Powered by the proven ISUZU RZ4E 1.9L 4-cylinder VGS Turbo intercooled engine, which has a flat peak torque curve, that delivers ‘Best-in-Class’ Power of 120 kW @3600 rpm and ‘Best-in-Class’ torque of 360 Nm @ 2000-2500 rpm. The resultant speed and ‘Best-in-Class’ acceleration are vital for a quick response during the ‘Golden Hour’.

The D-MAX Ambulance vehicle is built on the robust ISUZU iGRIP platform which makes it tough and stable, ideal for both urban and rural roads. The Hi-Ride suspension with Best-in-Class double wishbone provides strong SUV-like suspension system designed for heavy usage and provides better cabin comfort for all occupants. The other ‘Best-in-Class’ features of a shorter wheel-base, superior ground clearance, gradeability, bigger tyres and a smaller turning circle radius make the ISUZU D-MAX Ambulance highly manoeuvrable in tight urban, semi-urban and rural areas for operational reach.

In terms of Active safety, it comes with many Best-in-Class features like TCS (Traction Control System), ESC (Electronic Stability Control), HDC (Hill Descent Control), EBA (Emergency Brake Assist), BOS (Intelligent Brake Over-ride System) apart from ABS (Anti-lock Braking System) and EBD (Electronic Brake-force Distribution). For Passive safety, it comes with pedestrian friendly front fascia, driver and co-driver seats have 3-point seat belts with pre-tensioner load limiters, seat belt warning system, airbags for driver and co-driver, collapsible steering column and side intrusion protection beam for the front cabin.

The front cabin with its twin cockpit ergonomic design with front wrap around bucket seats of high-quality fabric upholstery with adjustable headrests and air-conditioning enables the driver and co-driver have a comfortable & fatigue-free ride during the journeys. 

Attention has been given to the Patient transport compartment while designing it to comply with all the AIS-125 Type C Ambulance specifications. It is fully equipped with the mandatory warning lights, flashers, sirens, side lights and PA system along with the high visibility stickers on the vehicle body. Care has been taken in making it durable and interiors hygienic, rust-free with PUF insulated GRP (Glass Reinforced Plastic) body panels.

The rear body is spacious, has fixed glass windows on the doors and sliding ones on sides. The wide rear doors can be fully opened for easy egress and ingress of medical response team members via the step and also while handing the stretcher-cum-trolley with the built-in ramp. The interior is finished in white and well-lit with rightly placed ambience LED lights. The well-designed layout provides for comfortable seating of the medical response members and attenders. It allows emergency responders to administer medical care swiftly and efficiently. Thoughtfully placed storage units have been placed within easy reach. It comes with a sliding window with the driver cabin with a black privacy curtain. The patient compartment has an external storage provision for oxygen cylinders. Hoses, oxygen manifold source and delivery system with oxygen humidifier, etc., as per AIS-125 specs., have been thoughtfully provided inside the patient compartment.

The fully-built ISUZU D-MAX Ambulance is designed to cater to all the staple requirements of providing ‘Basic Life Support’ services and comes ready to operate.

The new ISUZU D-MAX Ambulance, conforming to AIS-125 Type C specifications, comes with an attractive introductory price of ?25,99,990/-, ex-showroom, Chennai.

Customers can call the nearest ISUZU dealership or visit www.isuzu.in  for more detailed product information. Customer can reach 1800 4199 188 (Toll-free) for more information.

About Isuzu Motors India Pvt. Ltd.

Isuzu Motors India Private Limited (IMI), a subsidiary of Isuzu Motors Limited, Japan, was established in August 2012. Headquartered in Chennai, the company sells the popular ISUZU D-MAX V-Cross – India’s First Lifestyle and Adventure Pick-up, the Hi-Lander - All-rounder Pick-up and the ISUZU mu-X, premium 7-seater SUV in the personal vehicle segment and variants of ISUZU D-MAX pick-ups – S-CAB and Regular Cab, for the commercial segment. ISUZU vehicles are known for their reliability and performance around the world. Renowned the world-over, ISUZU vehicles are gaining huge significance in the Indian market as well, thanks to the ‘value proposition’ it offers the customers.  

Isuzu Motors India manufactures these products at its modern manufacturing plant in Sri City, spread over an area of 107 acres in the state of Andhra Pradesh. The company began its manufacturing operations in April 2016, with strong focus on quality and commitment to Indian market. In February 2020, Isuzu Motors India commenced the start of its Phase-II operations with the inauguration of the state-of-the-art Press Shop facility and engine assembly plant. In 2017, IMI started export of its ‘Made-in-India’ vehicles and has emerged as the India’s #1 Exporter of Goods Transport LCV Pick-up >2t<=3t Category for FY23-24, as per SIAM report.  An ISO 9001:2015 certified company, Isuzu Motors India is committed to providing products and services of the highest level of quality to ensure customer delight.  

The company has dedicated dealer touch-points, conveniently located in 62 locations across the country. For more information on the company, and its products/services. www.isuzu.in   

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. 

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