Wipro Partners With Kongsberg Digital To Transform The Energy & Utilities Sector With Advanced AI-Powered Digital Twins

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced a strategic partnership with Kongsberg Digital, a global leader in advanced engineering and industrial digitalization, to jointly deploy next‑generation AI‑powered Digital Twin solutions for the Energy & Utilities Sector.

The collaboration brings together Wipro’s consulting-led approach and its AI-powered Wipro Intelligence™ solutions – Industrial-AssetsAI and UpstreamAI – with Kongsberg Digital’s Industrial Work Surface solution. Together, Wipro and Kongsberg Digital will enable more reliable, efficient, and safer operations across complex asset networks.

“At the core of this collaboration is a shared vision to rethink how industrial intelligence is designed and applied,” said Srikumar Rao, Managing Partner and Global Head of Engineering, Wipro Limited. “By combining our deep domain expertise in Energy & Utilities and the relevant Wipro Intelligence™ solutions with Kongsberg Digital’s digital twin platform, we are bringing AI, engineering, and operational insight together. This will enable enterprises to embed autonomy into their operations, allowing them to anticipate change, navigate complexity, and build resilience at scale.”

Together, Wipro and Kongsberg Digital will provide organizations with a unified environment that brings together physics‑based engineering models, real‑time operations, and enterprise AI. Once deployed, the joint offering will function as a digital twin that reflects real‑time conditions across plants, grids, and distributed assets. By combining simulation, data, AI, and automation in one integrated framework, Wipro and Kongsberg Digital can help organizations simplify digital transformation and strengthen operational resilience.

“Combining Kongsberg Digital’s Industrial Work Surface—which currently operates at some of the energy industry’s most complex assets—with Wipro’s AI-powered platforms and solutions, this partnership will extend our proven digital twin capability at scale, helping customers move from insight to operational impact faster,” said Shane McArdle, CEO of Kongsberg Digital.

As part of the agreement, Wipro and Kongsberg Digital will advance a joint roadmap to scale AI‑powered digital twin capabilities across Energy & Utilities environments, helping asset‑intensive organizations accelerate innovation, strengthen operational resilience, and deliver sustained improvements in performance, safety, and sustainability.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence™ unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network–part of the Wipro Intelligence™ suite–underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities. With over 240,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.  

SAP AG Announces Robust Quarter 1 Results For 2026

SAP SE (NYSE: SAP) has announced its financial results for the first quarter of 2026.

At a glance

Current cloud backlog of €21.9 billion, up 20% and up 25% at constant currencies

Cloud revenue up 19% and up 27% at constant currencies

Cloud ERP Suite revenue up 23% and up 30% at constant currencies

Total revenue up 6% and up 12% at constant currencies

IFRS operating profit up 17%, non-IFRS operating profit up 17% and up 24% at constant currencies

Christian Klein, CEO:

“We had a strong start to the year, with Current Cloud Backlog growing by 25% and Cloud Revenue up 27% at constant currencies. This performance is supported by our momentum in Business AI as we are already delivering real outcomes for customers today. We are growing faster than the market and are gaining share as customers expand across our Suite and with our AI solutions. At Sapphire, we will show how we are taking the next leap forward.”

Dominik Asam, CFO:

“We delivered a solid start to the year, supported by disciplined execution in revenue and profitability. At the same time, we have remained focused on managing our cost base and maintaining profitability as we navigate an increasingly complex and uncertain macroeconomic and geopolitical environment.”

About SAP

As a global leader in enterprise applications and business AI, SAP (NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.

Marriott International Signs Agreement With Espire Hospitality To Bring JW Marriott To Kosi Kalan In Mathura

* JW Marriott Kosi Kalan Resort & Spa, is set to introduce the brand’s mindful ethos to the peaceful rhythm of Kosi Kalan

Marriott International, Inc. has signed an agreement with Espire Hospitality Limited to bring the JW Marriott brand to the quiet and serene town of Kosi Kalan, a growing destination in Mathura, that serves as a key transit and commercial gateway along the Delhi -Agra corridor. Anticipated to open in January 2029, JW Marriott Kosi Kalan Resort & Spa will span 14-acres of verdant landscape and is slated to be a haven for travelers who seek an authentic escape paired with highly personalized service and engaging experiences.

‘Espire Hospita lity Limited’, a part of the Espire Group is a publicly listed company on BSE and is among the very few hospitality companies that both own and operate their hotels. Growing as one of India’s most progressive enterprises, Espire Group is a global conglomerate operating across diverse verticals including Hospitality, IT Solutions and Education

“The expansion of Marriott’s luxury portfolio reflects our long-term conviction in India’s evolving travel landscape,” said Kiran Andicot – Senior Vice President – South Asia, Marriott International. “The introduction of the JW Marriott brand in Kosi Kalan is a strategic move, that strengthens our presence in an emerging market while responding to growing demand for elevated, experience-led hospitality beyond traditional gateway cities. This signing not only deepens our luxury footprint but is also expected to contribute meaningfully to the region’s tourism and economic momentum. We look forward to working with Espire Hospitality Limited to introduce the brand’s legacy of mindful hospitality and enriching well-being experiences to the beautiful calm of Kosi Kalan”.

Commenting on this signing, Mr. Gagan Oberoi, Group CEO said, “This collaboration with Marriott International is a testament to our strategic focus on expanding the portfolio with iconic, high-impact developments. JW Marriott Kosi Kalan Resort & Spa has been envisioned as a sanctuary of mindful luxury, where contemporary elegance meets nature, culture, and memorable experiences. This signing marks a significant step in strengthening our luxury portfolio, and we are proud to bring yet another landmark project to life, reinforcing the momentum of our rapid growth trajectory”

The JW Marriott Kosi Kalan Resort & Spa will be situated along the Delhi -Agra highway, in the culturally significant Braj region, a landscape deeply rooted in heritage and tradition. The town enjoys close proximity to Mathura (approx. 45-minute drive), the birthplace of Lord Krishna and an important spiritual and cultural centre and Vrindavan (approx. 50-minute drive), revered for its timeless temples and devotional legacy. This strategic location places Kosi Kalan at the intersection of cultural richness and regional connectivity.

Kosi Kalan is connected to several Indian cities through major highways, expressways and railroads. The railway station is located 5 km away, while Delhi’s international airport is approximately 114 km (a two-hour drive). The upcoming Noida International Airport will be a comfortable 1.5-hour drive from the hotel.

JW Marriott Kosi Kalan Resort & Spa is anticipated to blend modern elegance with the authentic heritage of Mathura. The resort is slated to offer 151 stylishly appointed guestrooms and suites, including villas featuring private pools. Design plans for the resort also comprise multiple serene spaces inviting guests to fully embrace the here and now. Dining options are anticipated to include three distinct culinary experiences, including a specialty restaurant and three lounge bars, and a roof top pool bar.

Additionally, the property is slated to offer multiple swimming pools, a fitness centre, the signature Spa by JW, a Kid’s Club and a Recreational Centre featuring a tennis and multi-purpose court. Anticipated to grow as a quality Wedding and MICE destination, Kosi Kalan will have the perfect setting with the JW Marriott Kosi Kalan Resort & Spa, offering 950 sq meters of social and meeting space, with an additional 2395 sq meters of outdoor lawns and a dedicated bridal suite.  

Next Phase Of Indian Financial System To Test Ability To Integrate Advanced Technology

* Also Secure Systems Against Threats, Protect Citizen data, expand access while maintaining stability: M Nagaraju, Secretary, DFS

* UPI operational in many countries reflects not just widespread adoption but emergence of UPI as foundation pillar of India’s digital economy, financial inclusion

* As we step into India’s digital decade, our vision is to push India as a global leader in digital governance where technology empowers every citizen

Mr M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, Govt of India today said that the India continues to stand out as the bright spot in the world economy despite global headwinds, geo-political conflicts, supply chain realignments along with elevated interest rates. India’s banking and financial system has already demonstrated its ability to transform at scale. The next phase will test our ability to integrate advanced technologies responsibly, secure systems against threats, protect citizen data and expand access while maintaining stability. “GDP growth rate of 2025-26 is at 7.6 per cent which is higher than 2024-25 when it was 7.1 per cent,” he added.

Addressing the ‘PICUP Fintech Conference & Awards’, organized by FICCI, jointly with IBA, Mr Nagaraju stated that the gross NPAs of public sector banks are at record low level in India at 2.2 per cent and net NPA around 0.5 per cent. Highlighting the important achievement for the government, he added that financial inclusion is central to building a resilient and equitable financial eco-system. Over the past decade, India has emerged as the global benchmark in financial inclusion. “Pradhan Mantri Jan Dhan Yojna is the heart of financial inclusion under which 58 crore bank accounts opened, and half of these account holders are women,” he emphasized.

The PM Jeevan Jyoti Bima yojana and PM Suraksha Bima yojana together, he stated that have enrolled 84 crore beneficiaries and 39 lakh crore loans disbursed under Mudra loan. “Today, as we step into India’s digital decade, our vision is to push India as a global leader in digital governance where technology empowers every citizen. The heart of this is India emerging as a leader of digital public infrastructure including Aadhar, UPI, account aggregator framework, etc.,” noted Mr Nagaraju.

Speaking on the importance of UPI, Mr Nagaraju said that around 22 billion transactions were made last month with total value surpassing Rs 29 trillion. “UPI has emerged as the largest real time retail payment system in the world. India’s digital payment system is now expanding beyond our borders. UPI is operational in many countries and several more are in pipeline. This scale reflects not just widespread adoption but the emergence of UPI as a foundation pillar of India’s digital economy and financial inclusion,” he added.

Highlighting the importance of Fintechs, Mr Nagaraju said that India has today, the largest and fastest growing fintech eco-system in the world. Fintechs companies in India have been instrumental particularly among new to credit and if we can work to integrate technology with policy, innovation, inclusion and growth with responsibility, we will not only transform our economy but also offer a blueprint for the world. We are moving from scale to complexity where expectations are higher, risks are sharper and systems will be tested far more rigorously, he added.

Mr Nagaraju stated three strategies for vision 2030 which includes growth which is deeply financed, widely accessible and sustainably supported. Capital is not merely a resource but an engine of opportunity. Secondly, there is a need to enhance the quality and depth of financial inclusion. “Growth that is not inclusive cannot be sustained over a long period of time. A strong financial system must be capable of supporting growth during favorable times but also withstanding shocks during periods of uncertainty,” he noted.

Speaking on new technology and AI, Mr Nagaraju said that technology will play important role not only in driving innovation but also in strengthening supervision, risk management and fraud prevention. “AI has potential to make financial inclusion not just socially desirable but commercially sustainable. AI must be seen not just as a disruptor but as an enabler of responsible inclusion. Cyber security threats, data privacy concerns, credit and asset quality risk, trust deficit are some challenges which needs to be managed to sustain long-term growth,” he added.

Mr Atul Kumar Goel, Chief Executive, IBA said that over the last few years, we have witnessed a transformation in India’s financial landscape. “Convergence of banks, fintech and digital public infrastructure has enabled us to expand along with improving efficiency and strengthening overall financial architecture,” he added.

Ms Jyoti Vij, Director General, FICCI said that the financial sector is undergoing significant transformation, and the innovation eco-system requires trust, governance, consumer protection, coordination remain critical principles for the momentum to be a sustainable Indian fintech eco-system.   

Instant Working Capital Loans Are Changing How Corporates Handle Short‑Term Needs, Says Kotak

After disbursing more than Rs. 9,000 crore through a pilot phase, Kotak Mahindra Bank has expanded instant Working Capital Demand Loans for corporate customers, indicating that faster access to short‑term loans is beginning to influence how companies handle routine funding needs.

The facility allows eligible corporates to access working capital loans within seconds through a digital process, removing manual steps and banking cut‑off times that traditionally delayed access even when limits were already sanctioned.

“Customers are now accessing working capital when the requirement arises, rather than planning around banking timelines,” said Anu Aggarwal, President and Head of Corporate & Transaction Banking at Kotak Mahindra Bank.

Working capital loans are among the most frequently used banking products by corporates, supporting everyday requirements such as inventory purchases, vendor payments and salary disbursements. Despite being pre‑approved, access has historically depended on fixed working hours and operational processing.

That pattern is now beginning to change. Kotak has enabled corporate customers to access working capital loans within seconds through its corporate digital platform, fyn (for your needs). Companies request loans by entering basic details such as the loan amount and tenure, after which pricing and checks are completed digitally and funds are credited almost immediately.

“We have reduced disbursement time from several hours to a few seconds,” Aggarwal said, adding that this allows companies to respond to operational needs as they arise rather than building buffers purely to manage delays.

According to the bank, early usage patterns suggest a behavioural shift. Companies are increasingly accessing working capital later in the day, without factoring in cut‑off times that earlier dictated when requests had to be placed.

“Earlier, customers had to submit requests before fixed hours. That constraint is no longer there for eligible customers,” Aggarwal said.

Kotak said adoption during the pilot phase has been strongest among SMEs and mid‑market companies, where even short delays in accessing working capital can disrupt operations. The bank is now extending the facility to larger corporates and conglomerates.

The emphasis on working capital reflects its scale in corporate banking. Bank estimates indicate that close to 70 percent of corporate loan journeys are linked to working capital, making it one of the most frequent interactions between corporates and lenders.

Aggarwal described instant working capital loans as a “game changer” for corporate banking, particularly in an environment marked by uneven demand cycles and delayed receivables.

“Corporates increasingly expect banking processes to move at the pace of their business,” she said.

Industry observers note that while retail banking in India adopted instant payments and real‑time access several years ago, corporate loan processes evolved more slowly due to operational complexity. Recent adoption suggests that automation is now being applied to routine, high‑frequency corporate loan actions rather than only to front‑end services.

The instant loan capability forms part of Kotak’s broader digital push through the fyn platform, which integrates payments, collections, trade services and loans. The bank has also been digitising routine service requests such as account statements, tax certificates and reconciliations, and working on deeper integrations with corporate systems.

Whether instant working capital loans become standard practice across the sector will depend on how widely similar systems are adopted. For companies already using the facility, the impact is immediate. What began as a technology upgrade is now starting to change how corporates access short‑term loans and align funding availability more closely with business needs.   

Future Ready Roofing Takes Centre Stage At Roof India 2026, BIEC, Bengaluru

* Highlights Momentum in Sustainable and Next-Gen Roofing Solutions

* 23rd edition of Roof India opens at BIEC, Bengaluru, with participation from 150+ domestic and international brands

* 8,000+ visitors expected over three days, including architects, contractors, developers, and project owners

* Strong focus on sustainable, energy-efficient, and high-performance roofing solutions

* Cool roofing solutions demonstrate 4–5°C temperature reduction and 15–20% energy savings in buildings.

* Rising adoption of insulated panels, solar-integrated roofing, and metal-based systems

* Pre-engineered buildings (PEBs) and steel-based roofing are witnessing double-digit growth, driven by warehousing and industrial demand.

* Robust participation from key industry bodies, associations, and thought leaders

* Open Seminar & Business Meets feature 47 speakers, spotlighting digital construction, passive cooling, 3D concrete printing, and advanced materials.

* 1st ROOF INDIA DESIGN TITAN AWARDS recognise innovation and excellence in construction and roofing

* Strong representation from South India markets, driving demand for climate-resilient and high-performance roofing solutions

The 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, opened today at Bangalore International Exhibition Centre (BIEC) with strong participation from over 150 Indian and international brands, including exhibitors from China, Malaysia, Saudi Arabia, Taiwan and Türkiye. Over the course of three days, the event expects to welcome more than 8,000 Indian and overseas visitors from 30 countries. The exhibition has brought together key stakeholders from across the construction ecosystem, with a sharp focus on sustainable, energy-efficient, and performance-driven roofing solutions.

The exhibition was inaugurated in the presence of key industry leaders, including Ar. Neelam Manjunath, Founder, Managing Trustee and CEO, CGBMT – Centre for Green Building Material & Technology, Ar. Mahesh Bangad, Chairman, Architects, Engineers and Surveyors Association; Mr. Sandeep Chaudhry, President (WAI - Waterproofers Association of India), Mr. Kunjjaan Popat, Secretary (WAI - Waterproofers Association of India), Mr. Brajesh Nahar, Managing Director (Aerolam Insulations Pvt Ltd), Dr Er. Amarnath CB, President, IBIMA – India BIM Association; Brajesh Nahar, Director & COO, APL Apollo Building Product Pvt. Ltd.; Savio Lainez, Vice President – Sales and Marketing, Mr. Umed Sing - Founder, (Mount Roofing and Structures Private Limited), Mr. Joseph Rozario, Director (Metal Scope (India ) Private Limited), Colorshine Coated Private Limited; along with Yogesh Mudras, Managing Director, Informa Markets in India.

The opening day witnessed robust participation from architects, consultants, builders, contractors, engineers, and project owners, reflecting the growing importance of roofing within India’s evolving construction landscape. As the sector expands, roofing is no longer just a structural necessity but a strategic element influencing energy consumption, thermal efficiency, and overall building performance. Innovations such as insulated panels, cool roofing systems, metal-based solutions, and solar-integrated technologies are gaining strong traction, aligning with the industry’s sustainability goals.

Speaking on the commencement of the 23rd edition of Roof India, Mr Yogesh Mudras, Managing Director, Informa Markets in India, said, “Day 1 at Roof India 2026 has set a strong tone for the exhibition, with an encouraging turnout and high-quality engagement from across the construction, infrastructure, and building materials ecosystem. India’s construction sector continues to grow at over 6–7% annually, with the building materials market expected to cross USD 1 trillion by 2030, driven by rapid urbanisation and infrastructure development. Within this, roofing is fast emerging as a high-impact, innovation-led category.

As demand for energy-efficient buildings accelerates, solutions such as cool roofing are demonstrating tangible benefits, reducing indoor temperatures by up to 4–5°C and enabling energy savings of 15–20% in commercial and industrial applications. At the same time, segments such as pre-engineered buildings and steel-based roofing systems are witnessing strong double-digit growth, supported by rapid expansion in warehousing, logistics, and industrial infrastructure. The increasing adoption of insulated panels and solar-integrated roofing further highlights the industry’s shift towards performance-driven and sustainable solutions.

What stands out at this year’s edition is the depth and quality of conversations, where sustainability, efficiency, speed of execution, and lifecycle value are now central to how projects are being conceptualised and delivered. The strong participation from both domestic and international players reflects the market’s readiness to adopt next-generation technologies at scale, and we look forward to building on this momentum over the next two days.” He further added.

Mr. Mahesh Bangad, Chairman, Architects Engineers and Surveyors Association (AESA), said, "The roofing sector is undergoing a decisive shift as design, sustainability and material innovation become central to construction practices. Platforms like Roof India enable architects and engineers to engage directly with evolving technologies, especially in pre-engineered and steel structures. Such forums not only facilitate knowledge exchange but also influence how the industry responds to changing environmental and functional demands, encouraging more integrated, efficient and future-ready building practices."

Brajesh Nahar Director & COO, APL, Apollo Building Product Ltd. said, “The construction sector is witnessing a clear shift towards integrated, steel-led building solutions, driven by infrastructure growth and evolving project demands. Steel is now central across roofing, structural systems and pre-engineered solutions, enabling faster, more efficient execution. While India is the second-largest steel producer globally, per capita consumption remains significantly lower than China, indicating strong headroom for growth. Industry platforms like Roof India continue to showcase innovations that support this transition toward modern, user-friendly construction systems.”

Amarnath CB, President, India BIM Association Digitalisation said, “It is becoming foundational to modern construction, where building plans are first translated into digital models and then used for simulation, optimisation and on-site execution. What stands out today is a multidisciplinary perspective, which includes convergence of architecture, engineering and contracting, within a shared digital ecosystem. Platforms like Roof India enable aligning industry practices with emerging national policies and accelerating the adoption of IT-led construction approaches across infrastructure and building projects.”

Mr Gagan Saini, Group Director, Informa Markets in India, said, “The vision and direction of the event were clearly articulated, with valuable insights from industry leaders on current priorities and future expectations. Participating brands, including APL, also highlighted the innovations they are set to showcase.”

A key highlight from the inaugural programme is that next year, the show will be hosted in Mumbai alongside our established event, World of Concrete. This integration will create a more cohesive, high-impact platform, bringing together a larger and more relevant audience at one venue, on the same day.”

Day 1 of the expo delivered a dynamic lineup of Open Seminar & Business Meets sessions, under the theme ‘Reshaping the Future of Steel Infrastructure & Pre-Engineered Buildings’. The sessions spotlighted key advancements and trends in the roofing and construction industry. The day began with discussions on digital initiatives in construction, passive cooling strategies for hot climates, and sustainable approaches to built environments. Keynote sessions highlighted the role of sandwich panels in sustainability, high-performance roofing frameworks, and innovations in stainless steel roofing systems for demanding environments. Special sessions explored precast lightweight composites, advancements in 3D concrete printing, and future-ready infrastructure solutions. The day concluded with the 1st edition of ROOF INDIA DESIGN TITAN AWARDS, organised by the Construction & Infrastructure Forum (C&IF), celebrating innovation and excellence across the industry.

Building on this momentum, Day 2 will feature sessions on waterproofing solutions, sustainable construction practices, and advancements in insulation and roofing resilience. Key highlights include an industry book launch on insulated sandwich panels, discussions on PEB structures, and innovations in fastening systems. The day will conclude with expert panels addressing national policies, digital transformation, and sustainable skill development. Day 3 will focus on roofing integrity, material quality, ceramic roof tiles, bio-adaptive architecture, curved roofing solutions, and skylight integration, offering insights into the next phase of roofing innovation.

South India continues to play a pivotal role in driving demand for advanced roofing solutions, supported by strong growth in industrial corridors, warehousing, data centres, and urban infrastructure across states such as Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh. The region’s climatic conditions, marked by high heat exposure and heavy rainfall, are accelerating the adoption of cool roofing, insulated panels, and corrosion-resistant materials. Additionally, the rise of pre-engineered buildings (PEBs) and large-format industrial developments in cities like Bengaluru, Chennai, and Hyderabad is further fuelling the need for high-performance, durable, and energy-efficient roofing systems, positioning the region as a key growth hub for the industry.

With two more days to go, Roof India 2026 is expected to see continued participation and deeper engagement, reinforcing its role as a key platform for innovation, collaboration, and business exchange within the roofing and construction ecosystem.

The expo is endorsed by prominent organisations such as AESA (Architects, Engineers & Surveyors Association), PSI (Pre-Engineered Structures Society of India), CFI (Construction Federation of India), WAI (Waterproofers Association of India), and IBIMA (India Building Information Modelling Association). Notable exhibitors and brands participating include Aerolam Insulation Pvt Ltd, APL Apollo Building Product Limited, Asons Enterprise, Colorshine Coated Pvt Ltd, Deepak Fasteners Limited, Dmmet Group, EPACK Prefab Technologies Limited, Mount Roofing & Structures Private Limited, OFIC Building Materials India Pvt. Ltd., Polyvantis, Rhino Rock Solid Insulation, Saint Gobain India Private Limited, and Shibam Ventures & Building Materials (P) Ltd.  

RCB Players Visit Nothing’s Bengaluru Flagship Store In Indiranagar

Royal Challengers Bengaluru (RCB) players visited London-based consumer technology unicorn, Nothing’s flagship store in Bengaluru as part of the team’s Title Sponsorship partnership with the brand for the 2026 T20 season. Romario Shepherd, Bhuvneshvar Kumar, Josh Hazlewood, Jacob Bethell spent time at the store interacting with customers and fans, before leaving their mark with a graffiti-style “RCB was here” on the store window.

According to Counterpoint Research’s Q1 2026 India Smartphone Shipment Tracker, Nothing emerged as the fastest-growing smartphone brand in the country, recording 47% year-on-year growth and has been the fastest growing brand in eight of the last nine quarters. This strong Q1 performance was driven by accelerated offline expansion, including the launch of the brand’s first exclusive retail store in India, further strengthening accessibility and visibility.