Monday, January 27, 2025

Introducing Starlight Bar: Your Friendly Neighborhood Watering Hole In Sahakar Nagar




In the heart of Sahakar Nagar, a new star has emerged on the wine & dine scene. Starlight Bar, the latest offering from Shilton Hospitality, promises to be the go-to destination for those seeking a casual, affordable, and enjoyable drinking experience.

Located in a convenient spot, Starlight Bar is designed to be a friendly neighborhood bar where patrons can drop by any day of the week to unwind with a drink. The brainchild of Shilton Hospitality, Starlight Bar aims to fill the gap in the market for a laid-back, no-fuss bar that serves solid drinks and good food at great prices.

A Haven for Budget-Conscious Patrons

At Starlight Bar, the focus is on simplicity and affordability. The bar offers a wide range of drinks, including beers, IMFL, and cocktails, at unbeatable prices. Whether you're a beer aficionado or a cocktail connoisseur, Starlight Bar has something for everyone.

But what really sets Starlight Bar apart is its commitment to affordability. In an era where bars and pubs are increasingly pricey, Starlight Bar is a breath of fresh air. As Mr. Rajanish Babu, COO at Shilton Hospitality, notes, "Starlight Sahakar Nagar is all about affordability and comfort – a place where you can drop by any day of the week for a drink without worrying about the bill."

Delicious Bar Snacks and Comfort Food

No bar experience is complete without delicious food to accompany your drinks. At Starlight Bar, the menu features a range of tasty bar snacks and comfort food that are sure to hit the spot. From classic natti bar bites to more substantial comfort food options, there's something for every palate and preference.

A Welcoming Atmosphere

At Starlight Bar, the atmosphere is relaxed and welcoming. The bar's no-nonsense, friendly vibes make it the perfect spot to catch up with friends, watch a game, or simply unwind after a long day. As one satisfied customer, Ramesh, notes, "I've been to Starlight Bar a few times, and I love the laid-back atmosphere. The prices are great, the food is delicious, and the staff is always friendly. It's my go-to spot for a casual drink with friends."

Convenient Location

Located in the heart of Sahakar Nagar, Starlight Bar is easily accessible by public transport or ride-hailing services. The bar's convenient location makes it an ideal spot for those living or working in the area.

With its focus on affordability, delicious food, and welcoming atmosphere, Starlight is the perfect spot for anyone looking for a casual, no-fuss drinking experience. Whether you're a local resident or just visiting the area, Starlight Bar is definitely worth checking out. So why not drop by and experience it for yourself?

Friday, January 24, 2025

Kotak BizLabs Accelerator Programme Unveiled, Aims To Transform India's Startup Ecosystem


Kotak Mahindra Bank Ltd. (KMBL) has launched the Kotak BizLabs Accelerator Programme along with a nationwide marketing campaign. This initiative, part of Kotak’s CSR efforts, aims to help early-stage startups overcome growth challenges and scale their businesses.

In collaboration with incubators like IIMA Ventures, NSRCEL, and T-Hub, Kotak BizLabs Accelerator Programme will offer mentorship, market access, funding opportunities, and advisory support. The programme has already enrolled over 200 startups and conducted 15 roadshows in Tier-2 and Tier-3 cities such as Indore, Surat, and Warangal.

Kotak BizLabs Accelerator Programme aims to support around 1,000 startups in sectors like agritech, climatech, fintech, healthcare, edtech, and sustainability. The accelerator programme features a Virtual Knowledge Centre, providing resources like the Online Startup School, guides, and networking opportunities as well as mentoring and grant funding of Rs. 15 lakhs to select startups.

In order to spread awareness about the programme, Kotak has launched an integrated marketing campaign that includes a digital film that captures the spirit of entrepreneurs, set to the tune of “Ohh Dreamers, Tere Crazy Dreams Ki Talaash Hai.” The film highlights how entrepreneurs live and breathe their ideas, with Kotak BizLabs offering up support to further their growth.

Kedarswamy Ravangane, Executive Vice President – Marketing, Kotak Mahindra Bank, said, “Small businesses are the backbone of the Indian economy. With Kotak BizLabs Accelerator Programme, we provide a platform to help them navigate challenges, grow sustainably, and scale their operations. This campaign is our commitment to reaching out to small business owners across India and showing how this programme can help them chase their dreams.”

This initiative aligns with Kotak Mahindra Bank’s CSR strategy, focusing on fostering innovation, supporting job creation, and driving economic prosperity through entrepreneurship.

Aspiring Startups can apply for the Kotak BizLabs accelerator programme at: https://kotakbizlabs.accubate.app/ext/form/2802/1/apply

Capri Global Capital Ltd. (CGCL) Announced The Unaudited Financial Results For Quarter Ended December 31, 2024


* Consolidated Key Performance Highlights for 3QFY25 & 9MFY25

The Board of Directors of Capri Global Capital Ltd. (CGCL), a non-deposit taking and systemically important NBFC (NBFC-ND-SI) announced the unaudited financial results for the quarter ended December 31, 2024. 
Key takeaways are as follows:
Business and Earnings Performance
Continued Growth Momentum in AUM; Crosses Rs 20,500 crs

CGCL continued the strong growth momentum in 3QFY25. The consolidated AUM including co-lending AUM increased 54.6% YoY to touch Rs 20,663 Crores. Retail growth was driven by Housing Loans up by 31% YoY and Gold Loans up by 196% YoY. In addition, our Micro Lap segment which we started in last quarter is seeing strong growth as well. Co-lending AUM stood at Rs 3,681 Crores comprising 17.8% of consolidated AUM compared to 8.9% in 3QFY24. Disbursement grew by 52% YoY. The overall AUM growth was granular with live customer relationships touched 720K.
Strong Improvement in Profitability.

The PAT for 3QFY25 stood at Rs 128 crores a strong growth of 88% YoY and 32% QoQ. PAT for 9MFY25 stood at 301 crs up by 53% YoY. Our RoAE and RoAA for 9MFY25 stood at 10.1% and 2.4% respectively. Net Interest income for 3QFY25 stood at 347 crores up by 41% YoY and for 9MFY25 stood at 953 crores up by 30% YoY. Our yields and spreads expanded further in the quarter to 16.7% and 7.3%, respectively. Net total income for 3QFY25 was up by 30% YoY and 9MFY25 up by 28% YoY.  

Non-Interest Income Continues to Grow

Our non-interest income for 9MFY25 increased by 20% YoY supported by growth in co-lending fee income and insurance distribution fee income. CGCL continues to focus on non-interest income with its share in total income at 25.1% in 9MFY25.

CGCL’s car loan business saw distribution origination of Rs 2,972 crores in 3QFY25, up by 5% YoY and 16% QoQ. On the Insurance distribution front, we generated net fee income of Rs. 39 crores in 9MFY25. We expect this to be an important source of fee income going forward.

Operating Leverage driving Improvement in Cost Efficiency

Our branch network expanded to 1,066 branches as we added 69 branches in 3QFY25 and employee base increased to 11,022, up by 13% YoY. Our investment in expanding branch network and employee base over past 3 years has started to yield results with improvement in productivity and cost efficiency. CGCL cost/income ratio stood at 58.3% in 3QFY25, further improving by 12.2% from the peak of 70.5% in 4QFY24 and 6.0% from 2QFY25. We continue to make investments in strengthening our technological systems and with key applications live, we expect our cost/income ratio to improve further going forward. As a result, our pre-provision operating profit for 3QFY25 increased to Rs 189 crores, up by 46% YoY.

Asset Quality under Control with Adequate Provision Coverage Ratio
CGCL is investing in advanced analytics and data science capabilities to enhance customer risk profiling, which will further improve underwriting and allow better risk based pricing. Our credit cost for 9MFY25 stood at Rs 82 crores, a decline of 6.5% YoY. Gross Stage 3 ratio improved to 1.7% in 3QFY25, down by 40 bps YoY. Net Stage 3 ratio improved to 1.0%, down by 40 bps YoY. PCR on Stage-3 loans stood at 39.4% in 3QFY25.

Strong Capital Adequacy

CGCL maintains a robust financial position with a strong standalone CAR of 22.9% in 3QFY25, supported by a Networth of Rs 37bn. Similarly, CGHFL boasts a CAR of 29.3% and a Networth of Rs 8bn ending 3QFY25.

Founder & Managing Director Mr. Rajesh Sharma Commented:

“We continue to see strong growth momentum across all our business segments including the new products we launched recently. Our substantial investments in technology, along with enhanced branch and employee productivity driven by operating leverage, have begun yielding benefits, and we anticipate a gradual improvement in our cost-to-income ratio. With steady growth in fee income and improvement in spreads, we see further upside to our profitability. We will continue to maintain a strong focus on asset quality and strengthen our coverage ratio whilst maintaining healthy capital adequacy. As we move ahead with same vigour, we remain confident to achieve Rs 300bn AuM by FY27 and 15%+ RoE over medium term.”

The “Motorola Razr 50 Ultra” Is Now Available At Its Lowest Price Ever—Rs 69,999—At Reliance Digital Retail Stores And Online


• Motorola razr 50 Ultra, originally price at Rs 99,999 is now available at its lowest ever price of flat Rs 69,999 at Reliance Digital stores and reliancedigital.in

• Consumers can also avail additional bank offers of INR 2,500 discount as part of Reliance Digital India sale. BOBCARD, Federal Bank, ICICI Bank, Kotak Bank card users can avail this additional discount.

• Additionally, a no-cost EMI option is also available on select banks with various tenures to fit user needs. This no-cost EMI makes this flagship phone even more affordable, starting at just Rs 5833*/month.

• The motorola razr 50 ultra comes with moto buds+ worth ?9,999 in the box, featuring Sound by Bose, faster pairing with the moto bud’s app widget on the external display, dual dynamic drivers, Dolby Head Tracking, wireless charging, and an IPX4 rating.

Motorola razr 50 Ultra features

• The motorola razr 50 ultra, a highly durable flip phone which has been tested for upto 600,000 folds creaseless display and IPX8 underwater protection.

•The motorola razr 50 ultra is the world’s first flip phone that comes with the largest external display offering users a more immersive viewing experience on the 4.0" external display and comes with the fastest refresh rate of 165 Hz and the highest resolution in its class.

•The external display is also the most intelligent on a flip phone – giving access to Google’s Gemini – a personal AI assistant - directly from its external display.

•The motorola razr 50 ultra is also equipped with moto ai features seamlessly integrated to elevate user interactions, offering them effortless content creation, phone personalization and accomplishing more in less time.

Motorola, a global leader in mobile technology and innovation, today announced the motorola razr 50 ultra at its lowest price ever, available at Reliance Digital stores for a flat price of ?69,999. An additional discount of INR 2500 is available as bank offers during Reliance Digital India sale till January 26th, 2025. This flagship flip phone now comes with the latest Moto Buds+ included in the box, worth ?9,999, offering users an unmatched listening experience with Sound by Bose.

The motorola razr 50 ultra is packed with industry-leading features, including the largest and most intelligent external display of any flip phone. By collaborating with Google, Motorola brought AI-driven experiences and convenient features to the motorola razr 50 ultra. It allows users to access Gemini directly from the external display. Google’s Gemini app is a personal AI assistant that helps users with step-by-step instructions for a new project, helps with planning trips and activities, or assists with writing thank-you notes or emails. It can even help brainstorm ideas for enhancing daily life and seamlessly access information from Google apps.

This razr device, comes with access to Google Photos, allowing users to view, delete, favorite, or share photos or videos stored locally or in the cloud without opening their phone. The pictures can be edited with the latest AI-powered editing tools in Google Photos including Magic Editor, Magic Eraser, Photo Unblur, and more.

The Motorola razr 50 Ultra also comes with moto ai features that are designed to elevate every smartphone interaction. Empowers users to effortlessly capture the world around them with intelligent photography, video optimization and tools that enhance how they record, preserve and document their memories with Photo Enhancement Engine & Adaptive Stabilization.

Fosters personal expression, allowing users to create custom visuals and creative work with intuitive tools with Magic Canvas and Style Sync

Streamlines daily life by assisting users quickly find the information they need and accomplish more in less time with Catch me up, Remember This & recall, and Pay Attention.

The motorola razr 50 ultra comes with the largest and most intelligent external display. A massive 4.0" external display which also comes with the fastest refresh rate and the highest resolution in its class. It comes protected with Corning® Gorilla® Glass Victus, with a refresh rate of up to 165Hz. Moreover, the external display boasts of a 1272x1080 high-resolution screen which provides clarity and over a billion shades of 10-bit color with a 25% wider color range thanks to HDR10+ certification and DCI-P3 support. The smartphone’s high brightness mode automatically adjusts the external display outdoors and is capable of reaching maximum brightness levels of 1500 nits. Its HDR peak brightness can reach up to 2400 nits.

When flipped open, the motorola razr 50 ultra reveals a 6.9" pOLED display which is also the largest and virtually creaseless internal display on a flip phone. Similar to the external screen, users can immerse themselves in infinite contrast of deeper blacks and richer colors and view over a billion shades of 10-bit color. Plus, with HDR10+ certification and 120% of the DCI-P3 color gamut, users can watch shows and movies in true-to-life color meeting the industry’s latest standards for accuracy. High Brightness Mode automatically adjusts brightness to 1500 nits, which can also reach up to 3000 nits with HDR. The refresh rate can adjust from 1Hz to 165Hz effectively reducing stutter and ghosting in compatible games.

The razr 50 ultra is equipped with the best razr camera system yet, capturing photos and videos with advanced camera technology powered by moto ai. The AI features included in the camera are, AI Action Shot, AI Adaptive Stabilization, Intelligent Auto Focus Tracking, AI Photo Enhancement. The smartphones 50MP high-res camera delivers outstanding low-light performance that can capture with 32x more focusing pixels using Instant All-Pixel PDAF and provide faster, more accurate performance. Its Optical image stabilization automatically compensates against blurred images and videos due to unwanted camera movement, so even when exposure takes longer, clarity and detail shine through. Additionally, the smartphone also features an exceptional 50MP telephoto camera for incredible portraits and with 2x optical and 30X AI Super zoom capability plus machine learning algorithm for high quality photos.

The photo booth feature captures selfies in different poses and pictures with a simple open palm gesture. Color Optimization analyzes a scene to deliver enhanced segmented tuning. It can also record and play videos in 4K resolution that meet strict HDR10+ standards for color accuracy, color range, brightness, and contrast. While Auto Night Vision improves the lighting of nighttime photos automatically. After capturing a 10-bit RAW image, the Image Signal Processor (ISP) converts the file to a JPEG and the result is a low-light photo with reduced noise and increased clarity. Other modes and features include Video Night Vision, Dual Capture, Mirror Mode, Tilt Shift Mode, and Portrait Mode among others.

Additionally, the smartphone boasts of numerous AI features such as Style Sync and Magic Canvas with AI Generative. The motorola razr 50 ultra’s screen and hinge has been put through rigorous stress tests, ensuring they’ll withstand use for the life of the phone. The gapless, creaseless design comes with durable Corning ® Gorilla® Glass Victus on external display and IPX8-rated underwater protection. Corning® Gorilla® Glass Victus keeps the external display safe from drops and scratches. While IPX8-rated underwater protection means that the smartphone can withstand submersion in 1.5 meters of water for up to 30 minutes. Plus, the display is specially designed to respond to every touch, tap, and swipe even when wet – with smart water touch capability. The phone can be folded into a camcorder to record videos owing to Flex View, enabling users to display their content using tent mode or stand mode on the large external display. The smartphone is available in vegan leather finish in 3 Pantone Curated colors.

The motorola razr 50 ultra features one of the most powerful processor Snapdragon® 8s Gen 3 mobile platform. The supercharged Qualcomm® AI Engine enables on-device AI at swift speeds with support for multi-modal models, including 30+ large language models (LLMs) and large vision models (LVMs). It also features up to 12GB of the latest generation LPDDR5X memory, the fastest available, and the latest 512GB UFS 4.0 storage. Along with blazing-fast 5G speeds today, and provisions for Wi-Fi 7 networks of tomorrow.

In terms of the battery performance, the motorola razr 50 ultra can go a full day and night on a single charge of the 4000mAh battery. Owing to the 45W TurboPower™ Charger consumers can get power for a day in few minutes3. It also comes with the freedom of 15W wireless charging and users can also share power with other devices using reverse charging.

Hello UI features include, Moto Gestures, Moto Secure with Thinkshield, Family Spaces, and Moto Unplugged. Smart Connect seamlessly unites multiple devices, enabling effortless task transitions across phone, tablet and PC’s. Within Smart Connect, users get multiple functionalities like Swipe to Share, Cross Device Control, Context Aware Phone, Universal Clipboard, Share Hub, App Stream and much more.

Apart from this, the motorola razr 50 ultra also features stereo speakers with Dolby Atmos® and 20% louder sound and 25% stronger bass. Dolby Atmos® unlock new levels of emotion in user’s favorite songs, drawing them closer to the artists they love. Plus, Dolby Atmos® features Spatial Audio, an enhanced experience where sound can flow around them in a virtual space. The smart power amplifier ensures that even louder audio won’t crack, and since the speakers are working together, sound travels from one to the other to match the action on screen. Additionally, the motorola razr 50 ultra offers 3 OS updates and 4 years of security patches with Moto Elite Care benefits.

 Availability & Pricing:

Locations: Available across Reliance Digital stores nationwide

and online at www.reliancedigital.in.

Sale Period: Ongoing now, valid until 26th January 2025.

Pricing: Flat offer price of ?69,999 (original price ?99,999) with additional ?2,500 off through bank offers during the Digital India Sale.

Payment Options: No-cost EMI options available, starting at Rs 5833*/month

Link:      https://www.reliancedigital.in/motorola-razr-50-ultra-5g-12-gb-ram-512-gb-midnight-blue-mobile-phone-with-moto-buds-earphone/p/494421576 (Midnight Blue)

https://www.reliancedigital.in/motorola-razr-50-ultra-5g-12-gb-ram-512-gb-peach-fuzz-mobile-phone-with-moto-buds-earphone/p/494421578 (Peach Fuzz)

https://www.reliancedigital.in/motorola-razr-50-ultra-5g-12-gb-ram-512-gb-spring-green-mobile-phone-with-moto-buds-earphone/p/494421577 (Spring Green)

DSP Mutual Fund, Dentsu Creative Webchutney & Falco Robotics Partner To Reunite Lost Children With Families At Purna Maha Kumbh


* Launch ‘Garuda Rakshak’, a Human-Interest Initiative…

The Purna Maha Kumbh, a rare and sacred Hindu festival, occurs once every 144 years, following 12 cycles of the Maha Kumbh. This year, it is expected to draw a record 400 million devotees, solidifying its position as the largest human gathering on Earth. However, amidst this grand celebration, a pressing concern emerges: the alarming number of missing children. Over 250,000 individuals, many of whom were children, have vanished during past events, facing exploitation or permanent family separation.

In response to this unfortunate but very real problem, DSP Mutual Fund has partnered with Dentsu Creative Webchutney, in association with Falco Robotics, to launch Garuda Rakshak – a groundbreaking offline, drone-based search-and-rescue solution designed to overcome network congestion challenges and swiftly reunite lost children with their families. Derived from the mythological Garuda, a divine bird embodying protection and vigilance, Garuda Rakshak serves as a guardian in the sky.

Based on 1970s marine navigation technology, it utilises low-frequency radio bands for long-range communication and precision satellite tracking, all while requiring minimal infrastructure.

If a child goes missing, guardians can simply tap their ID bands at the Lost and Found Centre to activate the Garuda Rakshak system. The drone, armed with real-time geo-data from the child’s wristband, springs into action, pinpointing the child’s location within minutes. It deploys an extendable colour marker high in the sky, cutting through the chaos to visually guide rescuers, while simultaneously transmitting the child’s details to the on-ground rescue team. This seamless, revolutionary solution ensures a fast, reliable rescue, even in the most chaotic situations.

Abhik Sanyal, Head of Marketing, DSP Asset Managers, said, “At DSP Mutual Fund, we believe that investing goes beyond chasing monetary gains—it’s about bettering lives, communities, and inspiring hope. Backing an idea like Garuda Rakshak truly resonates with our belief that the most meaningful solutions to real problems of today can sometimes be found by those willing to dip into the wisdom of the past. For us, this initiative of hope came straight from the heart, while still embodying, perhaps even elevating, our commitment to DSP’s ‘Invest for Good’ philosophy. Because the most meaningful returns are found in the safety, love, and smiles we can help bring back to the world.”

Gurbaksh Singh, Chief Innovation Officer, India, Dentsu Creative, added, "In an era dominated by IoTs, we've taken a step back to draw inspiration from the past and fused it with new-age drone automation that not only saves lives but also restores hope and reassurance to families in their most vulnerable moments. The project showcases the transformative power of technology when driven by human compassion and a relentless pursuit of a safer, more caring world.”

Vishal Dixit, CEO, Falco Robotics, commented, “The integration of drone technology with Garuda Rakshak's offline navigation system has resulted in a truly pioneering solution, uniquely equipped to handle the complexities of such extraordinary, high-density events. We're excited to see the difference it makes.”

Harnessing human ingenuity and technology to safeguard lives, Garuda Rakshak paves the way for innovation in search and rescue, reuniting families with every flight.

ASRTU, BOCI and AIMTC Announce January 24th As “Drivers’ Day”


* Honoring the backbone of India’s Transportation Sector

* Call  to operators to celebrate and recognize their driver workforce

* Initiative supported by ASTRU, BOCI and AIMTC

India’s transportation sector is powered by over 12 million commercial drivers and countless passenger vehicle drivers who work tirelessly to move goods and people across the nation. They form the backbone of our economy and society, connecting rural and urban India, enabling commerce, and ensuring mobility for millions. Recognizing their vital role, the Association of State Road Transport Undertakings (ASRTU), the Bus & Car Operators Confederation of India (BOCI) and All India Motor Transport Congress (AIMTC), are proud to announce January 24th as “Drivers’ Day.”

India operates one of the largest road transport systems globally, with over 1.5 million buses run by private operators and 150,000 buses under State Road Transport Undertakings (SRTUs), moving over 70 million passengers daily. Additionally, commercial truck drivers handle about 70% of the country’s freight. Despite their vital role, drivers face challenges like long hours, poor infrastructure, safety risks, and limited welfare access. Heavy vehicles are involved in most road accidents, with driver fatigue being a key factor. The Government, has announced various initiatives like Highway Rest Stops and tech initiatives like vehicle telematics to improve safety and efficiency. While these efforts mark a positive step forward, there is still considerable work to be done.

On the proposed “Drivers’ Day”, January 24th, ASRTU, AIMTC and BOCI urge all stakeholder- state agencies, private operators, and the public—to celebrate drivers and acknowledge their invaluable contributions through simple, yet meaningful gestures, such as presenting them with flowers or certificates of appreciation.

Dr. T. Surya Kiran, Executive Director of ASRTU, emphasized, “Drivers are the custodians of safety for millions of passengers every single day. Their hard work ensures that India stays connected, whether it’s a student reaching school, a patient heading to a hospital, or goods being delivered to sustain industries and homes. Recognizing their contributions and improving their lives will inspire a culture of respect, safety, and pride in their profession. This initiative is not just about acknowledgment but also about driving real change for their well-being.”

Mr. Prasanna Patwardhan, President, BOCI, stated, “Drivers’ Day is not just a symbolic gesture—it is a meaningful step towards highlighting the crucial role that drivers play in our society and economy. Their untiring efforts keep the wheels of progress moving, often under challenging conditions. We should prioritize their well-being by addressing their hardships, providing better working environments, and equipping them with the tools and training they need to succeed. Let this day remind us to treat drivers with the dignity and respect they deserve.”

All India Motor Transport Congress (AIMTC), an apex body of Transporters both Cargo and Passenger also supports this initiative and has planned a special programme in recognition of the community. Dr. Harish Sabharwal, President, AIMTC, added, “National Drivers' Day will be celebrated with joy and enthusiasm across the country every year on 24th January. On this day, we will honor and encourage our driver brothers. Dedicating a special day for drivers will boost their morale and help them view their work as a respected profession. I am delighted to share that AIMTC has entered into a significant agreement with Lions International Club to provide health check-up camps, eye examination camps, and free cataract surgeries for our drivers across the country. Additionally, we are planning to collaborate with insurance companies to offer a ?5,00,000 insurance cover for drivers, and we are working diligently to implement this soon.”

Drivers are the engines of progress, moving people and goods across India’s vast expanse and connecting its most remote corners. Supporting and valuing their efforts is key to building Viksit Bharat by 2047. On January 24th, let’s celebrate Drivers’ Day, and let us honor these unsung heroes of the road and recommit ourselves to building a safer, smarter, and more sustainable transport ecosystem for the nation.

Lemonn Unveils Margin Trading Facility For Its 1 Million Users*


* Lemonn Is Now Among The Top 50 Brokers In India

PeepalCo’s innovative investment platform, Lemonn, has launched Margin Trading Facility (MTF) on its app. Lemonn has also reached a milestone of one million users* and is now among the top 50 brokers in India*.

MTF can be a significant feature for advanced stock investors, empowering them to amplify their investment potential. Through this, users can now purchase stocks beyond their current account balance by borrowing up to 80% of a stock’s value. Lemonn’s MTF offering comes with a highly competitive interest rate of just 8.99% per annum, making advanced trading strategies more accessible and affordable.

The new MTF feature aligns with Lemonn’s vision of democratizing access to advanced financial tools while ensuring affordability. Users can access it seamlessly with just a single click from the homepage, following a one-day activation period.

Commenting on the announcement Devam Sardana, Business Head, Lemonn said “At Lemonn, we are driven by a singular mission: to make investing simpler, smarter, and more rewarding for our users. The launch of the Margin Trading Facility (MTF) is a step in this journey, empowering investors to approach the stock market with confidence. By offering highly competitive interest rates, we are enabling users to make the best use of opportunities as they arise even when they have lack of sufficient funds”.

In less than a year, Lemonn has achieved significant milestones, including surpassing 1 million users* and securing its position among the top 50 brokers in India*. These accomplishments highlight the platform’s rapid ascent in the investment ecosystem.

“Our rapidly growing user base is a testament to the trust we’ve earned and proof that we are delivering on our promises. It’s heartening to see more and more people choosing Lemonn as their preferred investment partner,” he added

Lemonn is a user-friendly platform that offers a diverse range of investment options, including mutual funds, direct stocks, IPOs, and F&O trading for first-time and seasoned investors. 

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