Tag: Business

Celebrity publicist Dale Bhagwagar gets futuristic, talks Metaverse

 Mumbai (Maharashtra) [India], April 9: Recently, a well-known fashion and advertising photographer Vivek Tickoo posted a video of a TV news bulletin on Facebook. A Bengali television anchor can be seen reporting on the Russia-Ukraine conflict in it. The mock studio prop the anchor was reporting from, looked like a contraption of an airplane cockpit, calling it an “ariel view” from a “fighter jet”. Tickoo captioned it, “Live Reporting of WAR!!!”

There were a lot of hilarious comments about the extent to which Indian TV channels and news anchors go nowadays to catch the viewer’s attention.

But a comment from Bollywood’s only PR guru Dale Bhagwagar was the most interesting and introspective. Unlike others, the top Mumbai-based publicist did not make fun of the style of reporting shown in the video. Instead, he wrote, “Wow. Futuristic reporting. Metaverse style,” and went on to ask, “But is that a plane, drone or flying saucer cockpit?”

Come to think of it, the PR consultant’s words seem simple. But delve a bit deeper and you would realise that this kind of highly stylised and dramatized reporting could well take place in the Metaverse. So yes, what the Bollywood publicity expert has pointed out is indeed futuristic.

But Dale smartly refrained from elaborating, letting people analyze and understand possible outcomes from the media of the future. Dale Bhagwagar tops the list of best celebrity publicists in Bollywood. His PR agency Dale Bhagwagar Media Group leads in the entertainment PR industry from more than two decades. He also runs BollywoodPR.in, the premiere authoritative PR website of the Indian entertainment industry.

In the meanwhile, at the time of publishing, Vivek Tickoo’s post on Facebook has already garnered 2.7k shares on the social media platform.

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New Delhi [India], April 9: An online book delivery platform, The Big Book Box has announced its subscription offer for the readers to get a hand on the latest books. The monthly box will be filled with handpicked international books curated with awesome bookish goodies, and one can even recycle the box. Getting access to it will leave book lovers with a plethora of options to read the best of International Fiction. Along with reading books, one can also get amazing goodies delivered to their doorstep every month.

This book-selling platform brings bestselling international releases to India at affordable costs while making reading more interesting with curated merchandise along with books. Their main aim is to create a vibrant reading culture in India by making reading more fun and trendy. They currently have three plans for every box, including one month, three months, and six-month subscription options, and subscribing to more extended plans can come with more benefits.

Talking about the platform, Surabhi S. Rai stated, “A few years back; I saw unavailability of good books at the bookstores in our country. Though we have many bookstores across the country, anticipated international books were unavailable online and offline. Thus looking at the need of the hour and making books accessible to readers, ‘The Big Book Box’ was incepted. At present, we have received a lot of positive feedback, and people are happy to get to read the international bestseller book. We want to reach more than 50000 Active subscriptions by 2024 and want more and more people on our retail platform. Our Vision is to build one of the biggest book companies in the world by 2030.”

The various boxes are named after different types of coffees – and so you can choose from a frappe, espresso, cappuccino, and mocha – based on how many books one want each month. Its monthly subscription service brings the best books released each month along with useful merchandise to make reading an experience. They have built a community of over 1 lakh people, and their retail platform, which was started in 2019, has begun shipping 1000-1500 orders per month despite the pandemic.

Getting handouts to their bespoke boxes is very easy all you need to do is choose the plan & the box, followed by receiving it at the doorstep and unbox the happiness. So, visit their website and grab the coffee essence box at home. It is an excellent option for all the bookworms to get access to and enjoy reading books in their comfort place.

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Hyderabad (Telangana) [India], April 9: Vysya Business Network (VBN) is a level play area, a business platform where Arya Vysyas from the Telugu community come together to aid and uphold each other’s business believing in the adage “Give to Get”. At the same breathe, we believe in growing together and benefiting from each other’s contacts and network to emerge as a strong “VBN Hyderabad Diamond Chapter “full of committed members.

VBN Hyderabad Diamond Catering exclusively to the progressive and fast-growing, and enterprising Arya Vysya community, Vysya Business Network acts as not just a business network but a platform for members and their associates to interact, share, learn New Skills and grow together, all while having fun, promoting their business interests for the benefit of one and all, Venturing into new businesses, VBN Diamond Works on the Power of Collaboration.

The Vysya’s Business Network, Diamond Chapter, was launched on May 19th 2019, with members from various business categories and backgrounds. It has been forefront and forward in helping many Vysya run businesses increases their presence, connect to more opportunities and scale to tremendous growth. VBN Diamond Chapter has completed its term, and the new PST Team was elected and took charge today.

The New leadership Team’s Swearing-In ceremony happened today at the Novotel Hotel, Hitex Hyderabad.  The Swearing-In Ceremony was a stupendous success, with a jubilant venue packed with all the business leaders from various industries. A one-off event with pride overflowing from members who were participating in the induction ceremony of their New Leadership being: Mr Vikas Kylas as their President for the year 2022- 2023, Mr Mohan Chandrala (Founder & CEO, Dishaa Designs) as their Secretary, Mr Bala Subramaniam Vankadara (Founder & CEO – Om Tours & Travels) as the Treasurer of their VBN Hyderabad Diamond Chapter. The new head table was sworn in by the newly elected Chairman Mr Boggarapu Sharath Chandra, of the Governing body called the Apex, who governs the chapters nationwide. The Founder and the other Co-Founders of the platform were present at the event, along with all the Apex Coordinators.

Alongside a team of Coordinators who aid in the chapter’s overall performance were to be given the oath by the newly elected head Table. The coordinators namely were:

Hari Kishan Boorugu (Eternal Builders), Gunda Jitender (Sri Powertech Industries) as APEX Coordinator, Bhagyalaxmi Boggarapu (Founder BLC ERP Consultancy LLP), Sirisha Tarlapally (CEO – Kreative Designs) as Visitor Meet & Greet coordinators, Karthik Boggarapu (East Hyderabad Football Club ) as Lead Quality Check, Rajasekhar Manchi (Sri Laxmi Products), Manikanta Mukka (Apna Projections) as Social Coordinator.

Sudhakar Bikkumalla (Om Sri Sai Communications) as Joint Treasurer, Srikanth Katakam (Prakar Enterprises) as Business Chat Coordinator, Kaushik Nagamalla (KR Digitals) as Joint Treasurer, Rupesh Gupta Kotha (Suman Chit Funds), Laxmikanth Murarishetty (Insurance Advisor) as hospitality coordinator, Santosh Kumar Shivakoti ( Founder of Ethics Events ) as Dresscode coordinator.

Nikeelu Gunda (Founder & CEO – Digital Connect) as Chapter Growth Coordinator, Suresh Paluri  as Visitor Growth Coordinator, Rahul Erramshetty (Founder & CEO – Flipside Advertising) as Training Coordinator, Dr. Goutham Kattamuri (Ga dental Clinics) as 30 Sec Coordinator, Devarashetty Vijay Kumar (CEO of HomeTotal and Sri Rama Paints & Pipefitting Store) as 8 Min Coordinator, Ramesh Gupta (CEO, Speckwud) as Funquiz Coordinator, Sampath Kumar Veda (Founder President of VBN Diamond & Director – Bandhan Tiles), Venakateshwarulu Jayavarapu (CEO – Vasantha Logistics), Sampath Kumar Proddaturi (CEO of Fortune Aluminium) are appointed as Membership Committee, Sai Chand as Digital Media coordinator, Gubba Srinivas (Insurance Advisor), Aravind Gajawada as Attendance coordinator, Dr. Rajesh Thugunta (Orthopaedic & Arthroscopy Surgeon), Dr. S.Mahesh Kumar (Sri Veda Sushruta Ayurveda Hospital) as Health Coordinators.

Three New members, Unni Krishna, Subodh Gupta, and Sridhar, too, were inducted into the chapter on this very first meeting day of the year, taking its strength to 43 now. The business exchanged in the very formally held business meeting was Rupees Three Crores plus, which was contributed by exchanging a whooping 274 referrals passed amongst the members.

Mr Boggarapu Sharath Chandra MD Vishnu Constructions was sworn in as the Chairman for the Apex Body governing all the members of the various VBN chapters nationwide. The occasion has also been attended by the Founders of the Network and all the VBN Hyderabad Diamond Chapter members. He has also Mentioned he would extend all his support and bring a lot of transformation in the way of doing business and spoke about the new technology initiatives, cross chapter business generation & Individual Member Training Programs.

Mr Vikas Kylas, CEO of Ananya Gems N jewels, a Gemology Gold Medalist in academics and an Energetic and Dynamic leader of the team VBN Diamond Hyderabad has mentioned that the theme for the year 22-23 would be “ Growth “to grow individually and cumulatively as a chapter.

Mr Nikeelu Gunda, Founder & CEO of Digital Connect, has mentioned that at VBN Diamond, we are taking various initiatives to empower and enrich the growth of Business Owners and elevate their business across the nation through different digital media channels. Nikeelu Gunda has taken charge of being a Chapter Growth Coordinator; as a part of this flow of functions, New Initiatives and all the Performance is Tracked in the Growth Parameters.

Mr Rahul Erramshetty, Director at Flipside Advertising Pvt Ltd, has taken up the role of a Training Coordinator to better the chapter. He has mentioned that his training will be taken up at various levels to enable members to improve their performance at the chapter. Rahul has also educated the importance of networks and their benefits with a concise and exciting ice breaker session.

Vijay Kumar Devarashetty (Founder & CEO – HomeTotal) has announced the Year long calendar for the 8 MIN Presentation and informed us that he is planning a series of workshops for the effective presentation of Members.

Mr Vikas Kylas, the president for VBN Hyderabad Diamond, has stated that along with his able team of coordinators, they would be taking the chapter to the next level of best in the nation and as well as mentioned a few steps being taken up by the team, like Daily Business Podcasts, individual Member Swot analysis, Focus Members, Doctors health sessions and many more.  The President has extended a message to all the members present that he can be approached for anything constructive all the time, and he would be more than happy to be their “Go to Guy “for their betterment and intern the betterment of the VBN Hyderabad Diamond chapter.

VBN Diamond is the Young and fastest-growing chapter; It has an opportunity to take very few selected category business owners to join the Network. We shall contribute to our chapter with our full measure of devotion with 100% Commitment to growth as a Theme. We are going to set an example of exemplary success with our Initiatives, Plan of Actions, and Individual Member Focus Plans  & we shall strive for the Overall Growth of every VBN Member  and make VBN Diamond a 70 Member Chapter by Next Quater Told Mohan Chandrala (Secretary), Bala Subramanya (Treasurer).

Veda Sampath Kumar (Founder President of VBN Hyd Diamond, Director – Bandhan Tiles), Ramesh Gupta (Founder & CEO – Speckwud), Dr. Gowtham Kattamuri (Ga Dental Clinics) Congratulated and Appreciated the Newly elected PST and wished all the best for the tenure – 2022-23.

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Mr. Madan Kothari, COA Member and Mr. Ashish Pethe, Chairman, Gems and Jewellery Council hands over Memento for Participation – GJS 2022 to Mr. Jenik Soni, CEO, Ashapuri Gold Ornament Ltd

Company’s manufacturing excellence in Antique Jewellery craftsmanship along with Designs; New Collection & Launches were displayed during the exhibition

Ahmedabad (Gujarat) [India], April 9: Ashapuri Gold Ornament Ltd, one of India’s leading manufacturer of antique jewellery received orders worth Rs. 30 crore during country’s first B2B jewellery Expo “India Gem & Jewellery Show (GJS 2022)” held in Mumbai during April 3 to April 6, 2022. Leading corporate and jewellery brands from domestic and international markets including Malabar Gold, PNG Jewellers, TBZ, Sree Kumaran Thangamaligai, Lalithaa Jewellery Mart, Manappuram Gold among many others visited the company’s stall during the four day exhibition. Over 30,000 visitors including leading National and International Jewellery Brands, Manufacturers, Retailers from all over the country and abroad visited GJS 2022.

Sharing more details, Mr. Jenik Soni, Chief Executive Officer, Ashapuri Gold Ornament Ltd, said “We have received overwhelming response from the Mumbai exhibition, both in terms of business, new corporate tie-ups and networking. Company’s manufacturing excellence in Antique Jewellery craftsmanship along with Designs, New Collection & Launches were displayed at the company’s stall in the expo and were much appreciated. Out of the total orders of Rs. 30 crore received during the exhibition, around Rs. 25 crore is from the domestic corporate & retail brands and the rest from International brands. The order book will be executed in the current financial year of FY 2022-23.”

Mr. Dineshkumar Soni, Joint Managing Director, Mr. Jenik Soni, Chief Executive Officer and Team of Ashapuri Gold Ornament Ltd at GJS 2022 in Mumbai

The four day exhibition – GJS 2022 is the largest B2B jewellery expo and trade show for the gems and jewellery industry. The expo was organised by the All India Gem and Jewellery Domestic Council, the Apex industry body at Jio World Convention Centre. The theme of the Expo was centered on supporting Product Launches and Trend Discoveries, keeping in mind the growth in demand of the sector. Over 800 exhibitors from all over India participated in the expo. Shri. Nitin Gadkari, Union Minister for Road Transport & Highways, Government of India also attended and interacted with the Jewellery fraternity at the Expo. GJS 2022 is supported by World Gold Council (WGC), Bombay Stock Exchange (BSE) & MSME Ministry.

Established in 1997, Ashapuri Gold Ornament Ltd is one the leading manufacturers of antique gold jewellery in India. Company’s manufacturing excellence in craftsmanship, large inventory of designs & high quality of services has placed it in the league of top Jewellery suppliers. Company’s manufacturing unit is located in Ahmedabad and has offices in – Ahmedabad, Delhi, Mumbai, Bangalore, Chennai and plans to expand nationally. Company’s client includes leading jewellery retailer and multinational brands including Tanishq, Malabar Gold, Joyalukkas among others. For FY21, company posted revenue of Rs. 117.6 crore with Net profit of Rs. 2.55 crore.

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Alcon celebrates milestone with a campaign to thank ophthalmologists worldwide

Currently available in 78 countries, PanOptixIOL offers the possibility of 20/20 vision at near, intermediate and distance for cataract patients

PanOptix recognized with prestigious Prix Galien USA award for “Best Medical Technology”

New Delhi (India), April 9: Alcon, the global leader in eye care dedicated to helping people see brilliantly, today announced AcrySof^® IQPanOptix^® Trifocal Intraocular Lens (IOL) has surpassed more than one million implants worldwide.²To mark this milestone, Alcon is launching a new “One Million Moments –Thank You” campaign that recognizes the positive impact Eye Care Professionals (ECPs) have made on their patients who have been implanted with PanOptix. The campaign will bring to life thank you moments between a patient and ECP.¹

“When we launched PanOptix, we knew that bringing this trifocal IOL to ophthalmologists around the world would have a significant impact on cataract patients,” said Alex Long, Alcon’s Global Vice President of Cataract Implantables. “In recognizing one million PanOptix implants, we want to say ‘thank you’to the ophthalmology community for continuing to care for cataract patients around the world, helping deliver not only their need for restored vision, but also vision correction to support their lifestyle needs and preferences. The impact this IOL continues to have on patients’ lives and the testimonials we have received through the years inspire us to continue to help even more patients see brilliantly.”

The impact of PanOptix was recently recognized with Alcon receiving the “Best Medical Technology” award for the 50^thPrix Galien USA. Largely considered the Nobel Prize of the biopharmaceutical and medical technology industries, Prix Galien honors innovations that improve the human condition. This is the latest award for PanOptix, which has won other accolades in the past, including the “Business Intelligence Group(BIG) Innovation” award.

“Receiving the Prix Galien is a testament to the impact PanOptix has on the quality of life of cataract patients worldwide – with 99% stating they would choose the same lens again,” said Rob Scott, Vice President, Intraocular Devices R&D, Alcon. “I’m incredibly proud of Alcon’s research and development team who solved a significant need in the market with PanOptix – to create a trifocal IOL with three optimally placed focal points. As an industry leader in IOLs, we will continue to innovate in this area to bring surgeons and their patients across the globe advanced technologies in ophthalmology.”

 PanOptix IOL utilizes advanced ENLIGHTEN^® Optical Technology, a proprietary design that optimizes intermediate vision without compromising exceptional near and distance vision. The ENLIGHTEN technology allows people to see better in both bright and dim conditions – both dayand night – by providing a meaningful high total light utilization.³

 About the Galien Foundation

The Galien Foundation fosters, recognizes and rewards excellence in scientific innovation to improve the state of human health. The Foundation’s vision is to be the catalyst for the development of the next generation of innovative treatments and technologies that will impact the state of medical practice and save lives.

The Foundation oversees and directs activities in the U.S. for the Prix Galien, an international awards program dedicated to progress through innovative medicines development, with chapters in 14 countries and Africa. The Prix Galien was created in 1970 by Roland Mehl in honor of Galien, the father of medical science and modern pharmacology. Worldwide, the Prix Galien is regarded as the equivalent of the Nobel Prize in biopharmaceutical research.

About PanOptix

The AcrySof^® IQ PanOptix^® Trifocal IOL is a type of multifocal IOL used to focus images clearly onto the back of your eye (retina) to allow clear vision after the cataract removal. In addition, the center of the AcrySof^® IQ PanOptix^® Trifocal IOL allows for better near (reading) vision and intermediate (computer work) vision versus what a monofocal lens would provide.

Potential Side Effects: Due to the design of multifocal IOLs, there are some side effects that can be associated with the AcrySof^® IQ PanOptix^® Trifocal IOL models. These may be worse than with a monofocal IOL, including visual disturbances such as glare, rings around lights, starbursts (rays around light sources), and reduced contrast sensitivity (decreased ability to distinguish objects from their background, especially in dim lighting). These side effects may make it more difficult to see while driving at night or completing tasks in low lighting conditions such as at night or in fog or in a dimly lit room after surgery, as compared to before surgery.

About Alcon

Alcon helps people see brilliantly. As the global leader in eye care with a heritage spanning over 75 years, we offer the broadest portfolio of products to enhance sight and improve people’s lives. Our Surgical and Vision Care products touch the lives of more than 260 million people in over 140 countries each year living with conditions like cataracts, glaucoma, retinal diseases and refractive errors. Our more than 24,000 associates are enhancing the quality of life through innovative products, partnerships with Eye Care Professionals and programs that advance access to quality eye care. Learn more at www.alcon.com.

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New Delhi (India), April 9: In the past few years, start-ups have been growing exponentially. In 2021, there were over 50000 new start-ups in the India alone. A lot of these companies are making an impact on the world with their products and services.

Along with many such problems that other startups are solving, in a country like India, where the banking penetration is still low, there are many people who can’t access financial services easily. The Indian government has been trying to address this issue by introducing new schemes and policies.

However, it is difficult for the government to reach all the people in remote villages, who are not connected to a bank branch or ATM.

This is where start-ups like Spay India come into play.

Spay India, was founded by Mr. Nikhilesh Tiwari CEO & Founder and Mr. Sunil Dhawan COO & cofounder in 2018. They have been working on the idea of rural banking for a long time. The founders were born and raised in rural India and they were aware of the challenges faced by people who don’t have access to banking facilities.

Their aim was to provide banking services to the rural population and make banking easier for them. The company has been growing at a rapid rate since then and now has annual revenue of 100cr rupees.

Spay India operates from 20 States and 4 Union Territories. The company has a strong presence in rural banking, with a network of over 25,000 branches across the country. Spay India has also been an active player in the financial inclusion space, and It is one of the country’s fastest growing fintech company in the BC domain and proudly marks as a Category “A” company.

This is how they reached this number –

– They focused on building a good customer experience by providing their merchants/agents an easy and direct access to Spay management for any problems they face.(Dil Se dil tak)

– The company also encourages its customers to use their service by giving them discounts on various products offered by the company.

– As per our regular quality and market analysis, we have satisfied 7 out of 10 network partners with our portal performance, which also makes Spay as one of the primary used portal in the country.

– In the latest month i.e. Feb, 22 on the second Monday (which is the most crucial day in our industry as it brings the highest load of business in a single day), Spay portal serviced approx. 1.65 Lakh transactions on a volume of INR 32 Crores, our success rate touched a massive 99.9% success txns as only 80 txns went pending which were also successful within 24 hours.

You would not be wrong in saying that “Spay hai toh bharosa hai.”

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New Delhi [India], April 9: Mr Shital Tiwari, aged 96 years and the only living veteran from Thailand of Indian National Army (INA, formed by Netaji Subhash Chandra Bose, arrived in New Delhi from his home in Bangkok, Thailand today evening for a 10 days visit to India. The visit is being organized and hosted by JanMitr, a Project for welfare and development of rural community with a view to make them employable and self-reliant entrepreneurs.

Mr Shital Tiwari’s father Mr Baiyanath Tiwari donated his land of over 20 acres in Chonubari Province of Thailand to Netaji Subhash Chandra Bose in 1943 for setting up INA Training Camp when he visited Thailand in his pursuit to raise INA and secure freedom for India. The entire family, Mr Shital Tiwari and his siblings and father were actively involved with Netaji in India’s freedom struggle from Thailand.

Currently Mr. Shital is the last man alive from Thailand INA. Mr. Shital is the last witness to this INA formation and the activities at the Thai INA camp from the start to the end. He is the live version of the living history. Much of the INA events in Thailand can be recited by him until this day. His mind and body are still sharp and healthy and it is but utmost important to gather all the information from him and listen too many stories first hand. Where else can one ever find this opportunity which relates deeply to the Indian freedom struggle?

It is in the above context and as part of India’s 75th freedom anniversary celebrations under the title of ‘Azadi Ka Amrit Mahotasav’, JanMitr is organizing a function to facilitate Mr Shital Tiwari on Sunday, 17th April 2022 at the United Services Institution Of India (USI), New Delhi and listen to his true stories of India’s freedom struggle led by Netaji Subhash Chandra Bose.

JanMitr is a concept initiated by PCTI, an Institution in education, skills training and healthcare services, to provide support to the society by enabling the needy to avail the required services and products in the field of healthcare, education and veteran care and also to train the needy people in rural and under privileged communities to become employable and self-sustained entrepreneurs.

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New Delhi (India), April 9: Ace Capital Ventures an online crowdfunding incubator for blockchain startups organises the world’s first blockchain and crypto summit 2022 in Goa, which brings together the most powerful voices in the global blockchain and crypto space in association with Deftify, Tokenz limited, and Despace protocol.

The summit connects global blockchain gurus and technology players in this space including emerging startups – with regional businesses, government authorities, IT leaders, tech entrepreneurs, investors, and blockchain developers.

It was a thought-leadership-driven summit that brings together the most important stakeholders from the Blockchain and Cryptocurrency ecosystem such as investors, blockchain and crypto projects, exchanges, enterprises, government representatives, technology leaders – to discuss and deliberate the future of the industry and the revolutionary ways it can transform businesses and government functions.

The summit also features a pitch competition for startups from across the world that are preparing to launch and also for those who are already established and want to expand their business.

The event was focused on Blockchain, Crypto, NFT, the Metaverse, and their wide-reaching effect on commerce, culture, and communities. Ace Capital, the world’s first blockchain and crypto summit 2022 provide an unparalleled networking opportunity for entrepreneurs, investors, governments, developers, industry enthusiasts, and global media.

Manu Prashant, Director Tokenz Limited, share his insights on the transformative power of blockchain innovations, the transition to mass adoption of crypto, and said, “It is our pleasure to support the world’s first blockchain and crypto summit 2022 here in the Goa, at a time when everyone in the region can feel the charge in the crypto space. Tokenz Limited is dedicated to backing meaningful innovations that empower their users and exploring use cases for blockchain technologies across verticals, and the summit brings together the best thinkers and makers that the industry has to offer.”

Talking about the future fundraising plan, Deftify advisor, Jaswant Kumar says, “Today, almost everything is becoming digital, and new concepts are quickly emerging, one of them being non-fungible tokens. NFTs are the hottest acronym on the art market right now. They are culturally significant and collectible objects in their own right, many buyers are also treating them as an investment, speculating on their rising prices. NFTs can be bought and sold, but do not come in a tangible form.”

“We are excited to see interest from global investors. Deftify is in a space that can absorb large investments for market penetration. We are already in the process of raising a larger Pre-Series A round and expanding the business footprint across the globe” he added.

Considering the growing interest of millennials and Gen-Z in the digital assets segment, Ace Capital Ventures, Founder, Anoop Mittra said, “The best high-level explanation for non-fungible tokens (NFTs) is that they’re unique certificates of authenticity and ownership represented in a digital format. Through our documentation and research, we emphasize the need of building an environment that promotes trust and transparency so that investment risks are reduced. Having built a platform that promotes these principles will attract investors and encourage them to prefer our solution for investments over the competition. Ace Capital provides an innovative ecosystem as a new approach to conventional crowdfunding platforms so that it promotes three core values: trust, transparency, and cybersecurity.”

CEO and Co-Founder of DeSpace, Obasi Francis says, “Not only celebrities, content creators, artists, influencers, and gamers, but now businesses are also more than ever looking to monetise their digital assets. They are seeing how NFTs are creating value for their business. DeSpace’s aim is to empower everyone to create wealth with ease by launching their own NFT marketplace on a global stage.”

The blockchain and crypto summit 2022 also includes the launch of exclusive NFTs of big stars under Despace — a multi-chain DeFi and NFT protocol powered by DeChain blockchain. As of now, Karishma Kotak, Nyrraa Banerji, Nishant Malkhani, Daisy Shah, Archana Gupta unveiled their NFTs on the occasion with the DeSpace and allow their fans to buy NFTs on the platform.

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New Delhi [India], April 9: A majority of nearly 400 million Indian blue collar workers who support roughly 1.1 billion people are employed by micro, small and medium enterprises. These businesses are predominantly unorganised and have traceability concerns from tax and labour authorities. Therefore, they do not want to disburse salaries into employees’ bank accounts. Despite the government giving a big push to the opening of bank accounts under Pradhan Mantri Jan Dhan Yojana (PMJDY) for this section of the population, these bank accounts have largely remained at zero or low balance. The activity level of these accounts has shown improvement over the last few years, however, this is primarily due to the fact that they have been used to receive direct benefit transfers (DBTs) from the government.

The PMJDY scheme has certainly introduced card literacy in the remotest corners of the country. However, on the expense side, blue collar workers depend on cash to make essential purchases from Kirana stores. These stores do not want to install point of sale devices to accept card payments due to possible incidence of Merchant Discount Rate (MDR), which eats up the Kirana’s margins. The new age smartphone led solutions have not been able to gain currency from Tier 3 to Tier 7 towns and villages due to the existing digital divide.

In the absence of income and expense data the banks do not want to lend money  to a majority of the Pradhan Mantri Jan Dhan Yojana (PMJDY) beneficiary population. This is the primary reason that although 80% of India’s population now has a bank account, most remain financially excluded.

ANVI’s cash to digital platform facilitates loading of payrolls of blue collar workers onto their ANVI cards through kirana stores. The payments from ANVI cards to the kirana stores can be made on UPI rails that bypass MDR-led card networks. In the payment process, the kirana stores use a smartphone to carry out these transactions, therefore the customers do not need to have access to one.  The ANVI card also works on ATM networks and Rupay point of sale devices.

Adopting this approach allows ANVI to collect rich data emanating from the financial life of its customers better than PMJDY banks. ANVI’s AI powered underwriting engines provide instant credit on ANVI cards, which means the prepaid ANVI card can be converted to a credit card when the customer so desires.

“Globally, credit cards extend unsecured loans that most individuals need to acquire essential goods and services. Even a small amount of unsecured credit helps to elevate the quality of life through access to essential services such as healthcare and education, which have been out of reach for the vast unbanked and underbanked population in the world”, said Director and Board Member, Nachi Das.

ANVI is disrupting India’s trillion dollar credit market at the bottom of the pyramid, which is currently served by informal money lenders at usury rates. ANVI’s solution is poised to address a massive and hitherto insurmountable problem of bringing affordable, unsecured credit to a vast section of the financially excluded population in India.

Website: https://www.anvi.ai

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New Delhi (India), April 9: OmniCard has launched its Premium RuPay On-the-Go Contactless Keychain in collaboration with the National Payments Corporation of India (NPCI).

OmniCard Keychain provides a completely contactless, safe, and innovative payment experience to its users, along with the primary offering of the OmniCard prepaid card with the app.

OmniCard hosted a Keychain Launch Ceremony to bring OmniCard Keychain to the public officially. The Chief Guest for the event was Mr. Baushuan Ger – Ambassador of Taiwan in India, with other representatives from the Taiwan Embassy & Trade bodies. The launch event also had delegates from NPCI & RuPay On-the-Go team.

Mr. Baushuan Ger – Ambassador of Taiwan in India, said, “It’s a great honor for me to join this very special OmniCard Keychain launch ceremony. This is very good; this payment facility will provide financial solutions to many people in this country. We hope that a lot of people in this country will soon benefit from this facility. And as a representative from Taiwan, we desire to see people like Jason and many other entrepreneurs from Taiwan, very successful entrepreneurs from Taiwan, be here in India.”

OmniCard Keychain is a simple and safe mode of payment for its users to make completely contactless payments instantly. The user can Tap the Keychain on any RuPay contactless-enabled POS machine to make a payment. This wearable mode of payment aims to facilitate payments On-the-Go for its users. The Keychain is not only convenient but also trendy and in style.

The keychain can be controlled in-depth via the OmniCard app; the settings include PIN management, permanently blocking the keychain, or activating/deactivating Keychain. The user can also set a transaction limit on the Keychain to ensure safety. The user can access complete transaction history with multiple filters and insightful analysis. The user can add money to the keychain using the OmniCard app.

Mr. Abhishek Saxena – Co-Founder and COO of OmniCard, said, “We are committed to continuously innovating and delivering unique products and solutions in the Indian payment space. Our vision is to provide an absolute user-friendly, secure and convenient solution to manage the everyday spending needs of an individual. We have added exclusive features such as UPI and ATM withdrawal to secure all the payment requirements of our Omnicard users, thus enabling a seamless omnichannel payment experience. OmniCard aims to secure the financial information of customers to avoid exposure to their bank accounts or credit cards for any potential frauds.”

OmniCard also plans to bring in UPI, ATM Withdrawal, and more wearable devices onboard very soon. OmniCard aims to become an integral part of a user’s daily payments and to offer a holistic payment experience for its users via multiple online and offline modes of payment.

Within the advent of technology and perpetual change, OmniCard aims to make people’s everyday lives easier. OmniCard aims to reach people at the grassroots level to bring about real change in the way people pay.

About OmniCard:

OmniCard is a product of Eroute Technologies, a RuPay powered prepaid card with an innovative mobile app. OmniCard is licensed by the Reserve Bank of India and holds a PPI License (perpetual validity for issuance and operation of semi-closed Prepaid Payment Instruments (PPIs) in India). OmniCard offers simple, fast, and safe payments for its users via multiple payment modes. Blended with innovation, OmniCard provides a personalised, unique and enduring payment experience.

Link to Cover Video – https://netorgft4711418- my.sharepoint.com/:v:/g/personal/shreya_shrivastava_eroute_in/ESIycR_1rttHoerWEJ3SJmI BczQGDGUSALLKvksOvOhR2Q?e=hxMj0L

Link to LinkedIn post for the same video – https://www.linkedin.com/posts/abhishek-saxena- eroute_happiness-npci-seshaasai-activity-6902608364891729920-dgOV

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The post OmniCard launched Premium Payment Keychain in partnership with RuPay On-the-Go appeared first on Republic News Today.