Monday, June 16, 2025

Earnifi Wins Award For Financial Services At 2025 American Business Awards


* Award winning fintech app backed by leading global investors expands hiring at Bengaluru R&D hub to accelerate innovation

Earnifi, a fast-growing consumer fintech platform offering real-time wage access and rent-splitting tools, has been named a Bronze Stevie® Award winner in the Financial Services category at the 2025 American Business Awards®, held June 10 at the Marriott Marquis in New York.

This recognition highlights Earnifi’s impact in delivering digital financial solutions tailored to students and hourly workers in the U.S. The American Business Awards are among the nation’s premier business honors. Winners were selected from more than 3,700 nominations, with final judging conducted by over 250 industry experts worldwide.

Launched in late 2024, Earnifi has quickly scaled to become one of the top 10 finance apps in the U.S. App Store, with a mission to reduce liquidity stress and expand financial access. The app enables users to access earned wages instantly, split rent with roommates, and manage personal cash flow through a mobile-first interface.

Earnifi is backed by a syndicate of institutional investors including Framework Ventures, Nascent Limited Partnership, Finality Capital Partners, and EV3 Master Fund.

A key driver of Earnifi’s growth is its India R&D Center in HSR Layout, Bengaluru, which anchors the company’s technology, compliance, and credit innovation. The center employs talent from top global firms including Google, Coinbase, Amazon, Morgan Stanley, JPMorgan Chase, Citi, Lazard Asset Management, among others.

“We’re honored by this recognition and proud of what our global team has built,” said Aryn Chadha, CEO and Co-Founder of Earnifi. “Our India R&D team plays a foundational role in building the infrastructure, intelligence, and user experience that sets Earnifi apart.”

To support continued growth, Earnifi is hiring for roles across engineering, product, AI/ML, credit systems, and payments infrastructure in India and the US.

About Earnifi

 Earnifi is a consumer-first fintech platform solving short-term liquidity challenges for Gen Z and hourly earners. With services like instant wage access, rent pooling, and built-in financial wellness tools, Earnifi offers a faster, more flexible way to manage everyday money. Learn more at www.earnifi.com.

About the Stevie® Awards

The Stevie® Awards are the world’s premier business awards recognizing excellence in organizations across industries. The American Business Awards® are open to all organizations operating in the U.S. Learn more at www.StevieAwards.com.

Indian Intelligent Decision-Enabling AI Tool Enamours London Tech Week


*       DeepSpot, an Indian enterprise AI shows at London why AI need not be restricted by cost or technical capabilities

Amid bold ideas, breakthrough technologies, and riveting conversations on AI, the London Tech Week Summit saw DeepSpot, an Indian AI firm take centerstage. DeepSpot’s unique offering of empowering business users with the ability to find truly action-oriented business insights from multiple sources within the organisation resonated well with enterprises at the summit.

While Generative Artificial intelligence as a broader market is a $4.4 trillion potential according to a McKinsey, the global BI and analytics sector is estimated to be a $60 billion market by 2027. At an enterprise level, there have been many analytical tools, but making sound decisions relies on the ability to retrieve data from multiple silos – one that has left organisations scouting for the needle-in-the-hay.

DeepSpot remains unique in its ability to empower businesses with a range of tools and dashboards in their journey towards qualitative decision-making. Its ability to integrate across various internal data-warehouses and fast-implementation schedule of under one day with native predictive AI capabilities makes it a strong contender for organisations desirous of growing in an AI world.

The AI tool converges from multiple enterprise-wide data-warehouses and interfaces to provide a single 100% view of the customer. "Business leaders no longer have the luxury of time when it comes to decision-making. Deepspot not only understands the business needs, but also provides the much-necessary intelligent interface – one that not only reports data but understands it, learns from it, and guides action," Kannan Rajendran, Founder & CEO at DeepSpot during the launch keynote. "We’re not just building AI for data—we’re building AI for decisions," he added.

At the heart of Deepspot's simple solution to the complex Business Intelligence software space is a simple proposition - ask questions in plain simple language, and the AI delivers it at speed. DeepSpot’s features such as real-time insights, faster onboarding, industry specific plug-and-play templates, faster payback, and cloud-native usage-optimized infrastructure offers additional value to clients keen on riding the AI growth-wave.

Elaborating on the ease and features of the DeepSpot AI tool, Anil Nair, Co-founder, Chief Business Officer, and Head of Strategy said, “It is often believed that AI solutions need excessive knowledge or availability of infrastructure. Our deep-tech experiences indicate that AI can do all of that and also be user-friendly, relevant, secure, and an agile journey towards scaling the organisation’s AI models.”

Built on the premise of providing simplicity for enterprises, Deepspot has been built ground-up from India and tailored keeping in mind the needs of a growing enterprise. Designed for agility and scale, Deepspot leverages cutting-edge machine learning and natural language processing to turn complex datasets into clear, actionable insights—instantly.

From real-time market trend analysis to predictive financial modeling, the AI-tool empowers C-suite executives, analysts, and decision-makers to navigate today’s volatile business landscape with unprecedented precision.

About Deepspot:

At Deepspot, we believe that data should drive decisions, not confusion.We are an AI-powered platform that helps businesses make decisions. We assist founders, CFOs, and teams in finding clear answers quickly.

Deepspot connects with your existing systems, understands natural language queries, and delivers clear, actionable insights in real time. No jargon. No dashboards. These intelligent actionable insights help you act faster, smarter, and with confidence.

Whether you’re a fast-growing SME or a scaling enterprise, Deepspot makes business intelligence simple, human, and powerful. www.deepspot.ai

Saturday, June 14, 2025

Taneira Announces First-Ever 40% Off On Sarees – Building On The Momentum Of Its ~30% Growth In FY25


* Explore a wide array of ethnic wear products at an unmatched value

Taneira, a TATA product, has recorded a ~30% growth in FY25 and has had an impressive start to FY26 driven by strong wedding shopping sentiment, which continues to drive its upward growth trend. Continuing this trajectory, the brand has launched its first-ever nationwide sale, offering up to 40% off on a wide range of products across categories, including sarees, ready-to-wear ensembles, unstitched kurta sets, and festive lehengas — all crafted from pure and natural fabrics.

With a strong nationwide network of 80 stores across 41 cities, Taneira is further strengthening its position as the go-to ethnic wear destination. With the onset of the festive season, that is much earlier, the Sale is intended to announce the start of the season and give consumers an opportunity to stock up on pure and authentic range of products, set apart by the distinctive design differentiation that Taneira offers.

Speaking on the occasion, Somprabh Kumar Singh Chief Sales and Marketing Officer, said, “This is the first time we’re offering discounts across such a wide range, with products available at up to 40% off. The offer is just an added benefit along with experiencing the richness and purity that Taneira stands for. With a wide variety of authentically sourced handcrafted products and our promise of purity and quality in every piece, we aim to make this experience truly special for our discerning clientele.”

From Banarasis, Kanjeevarams, Jamdanis to the Tussars, the brand’s offerings are a tribute to the artisans who preserve India’s weaving legacies. Each Taneira store is designed as a haven for saree lovers, housing wedding zones, festive edit corners, and everyday essentials under one roof. Customers can also browse an impressive selection of other weaving clusters such as pure Silk, Cotton Ikat, Kota Doria, Chanderis and Maheshwaris, South Silks, Sambalpuri, and Vegan collections. Committed to quality, Taneira proudly offers Certification for Pure Zari Kanjeevarams as a mark of genuine craftsmanship, ensuring every piece celebrates India’s rich textile heritage.

Customers can avail the offer at Taneira Showroom – Doddakanelli, HSR Layout, Kammanahalli, Mall Of Asia, Banashankari, Phoenix Market City, Orion Mall, Jayanagar, Indiranagar, Malleshwaram – Bengaluru.

HDFC Life Simplifies Claim Submission Process For Families Affected By Ahmedabad Tragedy


In order to provide prompt assistance to families impacted by the recent airplane tragedy in Ahmedabad, HDFC Life, one of India’s leading life insurers, has simplified its claim submission process.

A claim can be initiated by nominees/ legal heirs of policyholders by simply providing proof of death issued by the Local Government, Police or Hospitals.

In case of queries or any further assistance required, HDFC Life can be reached via the below touch points:

Dedicated Claim Helpline: 022-68446529

Dedicated Nodal Officer: +91 9558821980

Call Centre Number: 022-68446530        

WhatsApp: +91 8291890569

Email: service@hdfclife.com

In case claimants choose to visit any of HDFC Life’s branch offices, they can click the below link for the nearest branch location. HDFC Life’s local branch staff, across all locations, will prioritise on-ground assistance and support for claimants.

https://www.hdfclife.com/contact-us#BranchLocator

Sameer Yogishwar – Chief Operating Officer, HDFC Life expressed his thoughts, “We extend our heartfelt condolences to all families who have lost their loved ones in this tragedy. In this hour of sorrow, we are committed to stand by our policyholders and their families. Every query related to this will be treated with utmost priority. We will do our best to support families that have been impacted, by ensuring a smooth and simplified claim process.”

About HDFC Life

Established in 2000, HDFC Life Insurance Company Limited (‘HDFC Life’ or the ‘Company’) is a leading provider of long-term life insurance solutions in India. It offers a broad range of individual and group plans across the Protection, Pension, Savings, Investment, Annuity, and Health categories, with a portfolio of products and optional riders designed to meet the diverse needs of its customers.

HDFC Life is a subsidiary of HDFC Bank Limited, one of India’s leading private banks. The Company has a nationwide presence, operating through its own branches and a network of over 300 distribution partners, including banks, NBFCs, MFIs, SFBs, brokers, and emerging ecosystem partners. HDFC Life also maintains a strong base of financial consultants.

Recognised as a great place to work, HDFC Life is deeply committed to governance and sustainability, ensuring responsible business practices that align with its long-term objectives.

For more information, visit www.hdfclife.com or follow us on Facebook, X (formerly Twitter), YouTube, and LinkedIn.

Vedanta Sesa Goa In Collaboration With TACO & AAF Inaugurates ‘First Of Its ind’ Cow Shelter In Chitradurga


Demonstrating commitment towards animal welfare and sustainable community development, Vedanta Sesa Goa – Iron Ore Karnataka (IOK), in collaboration with The Animal Care Organization (TACO) under the aegis of the Anil Agarwal Foundation (AAF) & Yadava Matha, inaugurated a cow shelter in Chitradurga. The shelter provides for a safe & secure space along with facilities for cattle feeding & sanitation arrangements. The initiative reflects Vedanta’s commitment to building a sustainable and scalable ecosystem for animal well-being, rooted in the principles of ‘One Health’

The inauguration ceremony was graced by Sri. Jagadguru Krishnayadava Swamy ji as the Chief Guest, Sri. D. T. Srinivas, Hon’ble MLC for South-East Teachers Constituency, along with P. Narayan, Head Corporate Affairs, Ravi Bisaguppi, Head CSR ER, Vedanta IOK and Dr. Princy John, Head, TACO.

Chief Guest, Sri. Jagadguru Krishnayadava Swamy ji addressed the audience saying, “Vedanta Sesa Goa, in collaboration with TACO & Anil Agarwal Foundation has set up a cow shelter in Chitradurga, which will provide shelter to many stray animals, especially cattle. I pray that this shelter flourishes and continues to serve its noble purpose. This initiative by Vedanta is truly commendable, and I hope they expand it further across more locations. May God bless this company abundantly for undertaking such a great initiative.” 

Marking the occasion, the Guest of Honour - Sri. D. T. Srinivas, Hon’ble MLC for South-East Teachers Constituency said, “Today, we have inaugurated the Cow shelter at Sri Yadava Matha, Chitradurga, an initiative by Vedanta Sesa Goa-IOK in collaboration with TACO & Anil Agarwal Foundation. The CSR initiative would greatly benefit the people of Chitradurga. This cow shelter is a sanctuary of compassion, sustainability, and community spirit. It reflects our shared responsibility to protect and preserve our cultural and ecological heritage.”

Shrishaila Gouda, CEO, Vedanta IOK, stated, “This cow shelter is more than just a sanctuary for animals—it is a symbol of our commitment to holistic development. TACO, a groundbreaking project for animal welfare under the aegis of the Anil Agarwal Foundation, offers top-notch infrastructure, veterinary care, training centres, and animal shelters to help heal and safeguard animals. By integrating animal welfare with community upliftment, we are creating a model that benefits both people and the planet.” The shelter is designed to provide rescue and rehabilitation for abandoned and injured cattle.

The establishment of the cow shelter recognizes the interconnected health of animals, people, and the environment. This initiative builds on TACO’s extensive efforts across India, including projects in Haryana, Rajasthan, and Assam, focusing on sterilization, vaccination, wildlife conservation, and establishing shelters and veterinary care programs.

The initiative aligns with TACO’s six foundational pillars: Shelter, Hospital, Academy, Wildlife Conservation, Disaster Relief, and Sectoral Development, and aims to empower local communities, promoting awareness about animal health and welfare & supporting livelihoods through sustainable cattle care practices. The shelter will also serve as a hub for community engagement, offering training and employment opportunities, and promoting eco-friendly practices such as biogas generation and solar-powered infrastructure.

With its focus on advanced animal healthcare, training, and community integration, the Chitradurga cow shelter stands as a beacon of hope and humanity in the realm of animal welfare.

Friday, June 13, 2025

Decimal Point Partners With Braincube To Accelerate Entry Into The Manufacturing Sector


* Strategic collaboration brings AI-powered productivity management to manufacturers in India and the Middle East

Decimal Point Analytics, a leading AI-powered enterprise data solutions company, today announced a strategic partnership with Braincube, a productivity management system designed specifically for manufacturers. This collaboration aims to empower industrial companies in India and the Middle East to unlock hidden potential in their operations, driving cost savings, increased revenues, and improved operational efficiency.

This partnership blends Braincube’s deep domain expertise in manufacturing with Decimal Point’s ability to deploy scalable, data-driven technology solutions. By introducing Braincube’s Productivity Management System to these key markets, Decimal Point will help customers:

Drive enterprise-wide agility: Braincube’s PMS enables manufacturers to leverage existing industrial data more effectively, allowing businesses to quickly adapt to change without the need for large-scale system overhauls.

Unlock untapped potential: By incorporating AI and multivariate analysis, Braincube empowers teams to uncover the root causes of inefficiencies, revealing hidden opportunities across production lines.

Operationalise AI at scale: Braincube makes it easy to deploy AI across operations without the need for a dedicated data science team, making it an ideal solution for manufacturers seeking modernization with minimal disruption.

“Our partnership with Braincube marks a pivotal moment in Decimal Point’s expansion into manufacturing,” said Shailesh Dhuri, Chief Operating Officer at Decimal Point. “We are thrilled to introduce a solution that allows manufacturers in India and the Middle East to address longstanding challenges by maximising the value of their data. Braincube’s unique approach to operational agility and AI-driven productivity aligns perfectly with our commitment to delivering value through technology.”

“We’re excited to partner with Decimal Point as they expand into the manufacturing sector,” said Laurent Laporte, CEO of Braincube. “Through Braincube’s PMS, we’ve helped manufacturers worldwide drive operational efficiency and achieve measurable productivity gains. Decimal Point’s innovative approach and deep market insights make them the perfect partner to extend our proven technology into new regions.”

About Decimal Point Analytics

Decimal Point Analytics is a leading global provider of AI-powered data analytics, offering enterprises intelligent automation and predictive insights to drive faster, smarter decisions. We excel in financial analytics, AI-led decision support, and digital transformation, helping clients streamline operations, enhance risk oversight, and achieve sustainable growth.

Our expert teams deliver scalable, domain-specific analytics across sectors including financial services, healthcare, consumer packaged goods (CPG), and more. Headquartered in India with established hubs across North America, Europe, and the Middle East, we harness data-led innovation to transform business landscapes.

Our pursuit of innovation and excellence has earned us industry-wide recognition. Decimal Point Analytics has been featured in Dun & Bradstreet’s Leading SMEs of India (2022 & 2024), named ISV of the Year by Oracle, and awarded Indian SME of the Year by IFCCI. We’ve also been recognized for Excellence in Innovation by ET Edge, listed among Top 10 Finance Brands by CEO Insights, and honored for our ESG and AI solutions at the Canadian RegTech Awards, Aegis Graham Bell Awards, and the MarkTech Hackathon by IFSCA.

For more information, visit www.decimalpointanalytics.com.

About Braincube

Braincube is the world’s leading Productivity Management System designed to help manufacturers achieve total productivity. By seamlessly integrating AI and analytics into manufacturing operations, Braincube helps teams drive continuous improvement, eliminate waste, and make smarter decisions at scale. For more information, visit www.braincube.com.

Star Union Dai-ichi Life Insurance Has Partnered ith Policybazaar To Offer SUD Life NIFTY Alpha 50 Index Pension Fund


Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has partnered with Policybazaar to offer SUD Life NIFTY Alpha 50 Index Pension Fund, a new, high-potential equity fund designed for its ULIP Pension product, SUD Life Pension Plus. This innovative fund is set to empower customers by offering a strategic avenue for long-term wealth creation, aiming to deliver superior returns that can significantly bolster their retirement savings and help build a more resilient financial future.

SUD Life NIFTY Alpha 50 Index Pension Fund brings a focused approach to long-term wealth creation by investing in 50 high-performing stocks selected from the Top 300 companies. The fund strategically diversifies across a spectrum of vital and high-growth sectors, including Financial Services, Consumer Goods, Capital Goods & Infrastructure, Healthcare, Technology, Oil, Metals & Mining, Automobiles & Ancillaries, and Construction & Realty. To stay aligned with dynamic market opportunities, the portfolio undergoes a strategic refresh every quarter, ensuring consistent relevance and optimal performance.

SUD Life's Fund tracks the benchmark "NIFTY Alpha 50 Index" which boasts a proven track record, having demonstrated strong performance over its 12-year market presence. Notably, a benchmark has achieved a 5-year CAGR return of ~ 33.29% (as on 30/04/2025) showcasing its ability to generate substantial value. By combining strategic sector allocation with rigorous stock selection, SUD Life's fund offers investors a powerful channel to build a robust retirement corpus while actively participating in India's market growth story.

Commenting on the launch, Abhay Tewari, MD & CEO of Star Union Dai-ichi Life Insurance Company Limited, said, "With the SUD Life NIFTY Alpha 50 Index Pension Fund, we are introducing a strategic asset for our customers. This fund is a direct reflection of our commitment to providing high-performance investment pathways specifically designed for long-term retirement planning. We are confident it will serve as a powerful tool, empowering our customers to forge a resilient financial future."

This fund will now be available to Policybazaar customers, marking a unique collaboration that highlights both the organizations’ commitment to delivering value-driven, innovative financial solutions.

Vivek Jain, Chief Business Officer of Life Insurance at Policybazaar, says, “In India, retirement planning is often seen as a balancing act between cautious savings and the hope of market-linked growth. With evolving aspirations and economic shifts, there’s a rising demand for smarter, more dynamic solutions. Recognising this need, Policybazaar has partnered with SUD Life to offer the SUD Life NIFTY Alpha 50 Index Pension Fund, a new, high-potential equity fund designed for its ULIP Pension product, SUD Life Pension Plus. It's a first-of-its-kind equity fund designed to utilise India’s high-growth sectors while prioritizing long-term stability. We’re empowering customers to build a retirement corpus that’s not just secure but also aligned with the momentum of India’s thriving economy.”

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