Tag: Business

  • Vikas Lifecare acquired 75% stake in Genesis Gas Solutions Pvt. Ltd, a company developing “Smart Products” including Smart Gas Meters & Power Distribution solutions

    Vikas Lifecare acquired 75% stake in Genesis Gas Solutions Pvt. Ltd, a company developing “Smart Products” including Smart Gas Meters & Power Distribution solutions

    New Delhi, January 14: BSE and NSE listed Vikas Lifecare Limited has announced that moving further ahead with the objective of broad-basing the product portfolio, and diversifying into futuristic and unique product lines, new edge businesses, complementing and supplementing the existing business lines of the company, it has entered into a definitive agreement with the existing promoters/shareholders for acquiring 75% equity of Genesis Gas Solutions Private Limited (the ‘Genesis’), a company engaged in the business developing “Smart Products” including Smart Gas Meters & Power Distribution solutions for the ever-expanding infrastructure in India, in a cash deal amounting Rs. 250 million, payable in stages.

    Post achieving the long-desired debt-free status this year, Vikas Lifecare has actively explored and working towards expanding its businesses footprints in the emerging infrastructure products segment along with other business strategies.

    The company is already in an advanced stage of commissioning manufacturing plant of pipelines for gas distribution, commercial production expected within the current financial year. Vikas Lifecare Ltd. (VLL) is an ISO 9001:2015 certified company engaged in trading and manufacturing polymer, rubber compounds and additives for plastics, synthetic & natural rubber. The company is primarily involved in the various business segments, i.e. Polymer & Rubber Commodity (bulk consumption), Compounds and Master-Batches (Manufacturing up-cycled compounds from industrial and post-consumer waste materials like EVA, PVC, PP, PE etc.), contributing to the Environment Protection initiatives from the Government of India and fulfilling the mandated EPR obligations for the conglomerates using hundreds of thousands of tonnes of plastic products and packaging materials.

    VLL is also a Del-Credere agent of ONGC (Oil and Natural Gas Corporation Ltd.) Petro Additions Limited, a public sector undertaking, produces a wide variety of base polymers and commodity plastic raw materials.

     As a long-term business strategy, the company has most recently diversified its business interests beyond raw materials (B2B businesses) and forayed into the B2C segment with a host of consumer products, including FMCG, Agro, and Infrastructure Products; paving the way for aggressive business growth with intricately planned and selected product portfolios via acquisitions, joint ventures and tie-ups. VLL intends to establish/acquire businesses in these segments, thereby expanding its footprint in the country and beyond.

     The company’s securities are listed on both the Stock Exchanges, BSE (Scrip Code: 542655) and NSE (Scrip Code: VIKASLIFE). 

    Genesis was Co-Founded in 2017 by a team of technopreneur’s and finance professionals having an enviable history with successful start-ups developing and offering many niche products to the defence equipment industry and the electrical utility segment. These Technocrats graduated from premier institutions like IITs, provided Genesis with niche and indigenous products in sophisticated solid-state encryption for defence applications and several other successful products for the power distribution companies. These products are well accepted and are already being extensively applied commercially to reduce transmission losses of the electricity distribution companies.

    Genesis, since its incorporation, has been specifically focussed on the evolving City Gas Distribution sector in India. Genesis created a varied Intellectual Property including software and hardware solutions for the City Gas Distribution in the domestic Metering Sector as well as industrial Gas Metering Applications along with Gas Leak Detection Systems and has carved out a niche for itself by acquiring about 20% of the Domestic Gas Metering share in India.

    In India, Genesis also pioneered in Smart Gas and Water Metering by bringing out India’s first Pre- Payment system indigenously developed and acquired by Indraprastha Gas Limited (IGL-India’s Largest Gas Company) GAIL (India) Limited. Genesis has also brought out its network solution to complement its field devices which are now being recognized by companies like Honeywell and Hitachi, who are testing these in-house products for their projects worldwide.

    Few of the remarkable achievements & developments to Genesis’ credit are

    • Genesis is the supplier of Gas meters to IGL with having supplied more than 4 lakh meters of Hangzhou Beta Meter Co. Ltd, along with after-sales services under exclusive supply arrangement. Due to its advanced technological strength, modern management, and high production capacity, Hangzhou Beta Meter Co. Ltd is considered the world’s first-ranking gas meter manufacturer company.
    • In the SCADA system, Genesis will shortly make our proposals for various Gas Companies to link all CNG Stations and make a single console for operations.
    • Genesis also does Smart Meter Interface Unit (MIU) and associated services used by Indraprastha Gas Ltd – JV of GAIL, BPCL and Govt of NCT of Delhi.
    • Genesis is a smart metering solution provider (AMR & Prepaid) with RF-based Lora WAN technology, partnering with Tata Communications.
    • Genesis Gas developed India’s first Meter Data Management (MDM)and Headend system for Gas utilities which run more than 150,000 smart meters in India.
    • Genesis clients include:
      • IGL
      • GAIL
      • Avantika Gas Ltd – JV of Gail and HPCL
      • Gujrat Gas Ltd – India’s Largest CGD
      • Haryana City Gas ltd, among others
  • Vama Industries Ltd to enter Hi-Tech IOT (Internet of Things) segment

    Vama Industries Ltd to enter Hi-Tech IOT (Internet of Things) segment

    Mumbai (Maharashtra) [India], January 14: BSE listed (512175), Vama Industries Ltd., CMMI Level 3, ISO and  NSIC and STPI  certified having 100% wholly-owned subsidiary in Singapore, engaged in hardware (51) System Integration for Enterprise Business, Datacenter working for Department of Space and DRDO Defense Labs, CAD/CAE Software Services working for US Companies has been exploring into lOT (Internet of things) Business and now plans to expand in lOT business with the help of SG Technology, which has Low Latency and (M2M) Machine to Machine Communication, being much faster and is an almost real-time like human action.

    The end-to-end projects in lOT (Internet of things) Business is divided as 40% hardware datacenter, 20% Sensor & Edge gateway Integration and 40% software. Vama has experience in Datacenters, simultaneously working in Sensors, Edge gateway and applications.

    This lOT Business has high growth potential in Software and Hardware System Integration; Vama wants to explore this Business in collaboration with overseas technology partners.

    The company has established a successful offshore delivery center to North American customers for more than 16 years; some are Fortune 500 Companies in the USA.

    The company has a blue-chip clientele, including Govt companies such as Defence Research Development Laboratory, Center for Development for Advanced  Computing, Space Application Centre, Ahmedabad, etc. and Dell, Oracle, Fujitsu, amongst others. The company also has major US-based customers, including Harley Davidson, Stanley, Shell, etc.

  • Ajay Ajmera, the man who changed the lives of 5000 underprivileged women!

    Ajay Ajmera, the man who changed the lives of 5000 underprivileged women!

    Surat (Gujarat) [India], January 13: There is a Chinese proverb, “Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime.”

    And the same proverb has been brought to life once again by a dynamic textile entrepreneur, the founder of Ajmera Fashion, Mr. Ajay Ajmera.

    Ajay Ajmera, who has also been featured in Forbes Magazine, is a well-known face of the Indian textile industry, but his even greater feat is the revolution he has brought in the field of livelihood generation for women through entrepreneurship.

    Mr. Ajmera, who himself had once faced the brunt of poverty, was determined to do something which would pull people, especially women, out of destitution.

    He, along with his wife Mrs. Rachana Jain, brainstormed over many ideas and finally came up with a unique proposition that would later change the lives of thousands of needy women.

    The idea was to promote women entrepreneurship by helping housewives belonging to the underprivileged sections of the society to do business.

    Immediately a team was set up to identify and train the women from villages, small towns and even big cities who were eager to change their lives by doing business.

    These women were taught how to start a saree business by saving and investing a little amount of money. They were educated about every aspect of the clothing business. The earning potential of the business was quite instrumental in convincing them to start this business.

    And once the women were equipped with the know-how of doing Saree business, Ajmera Fashion provided them with quality saree stock at a subsidized rate.

    The results were surprising, the women who were confined to the four walls proved that they could do anything if given the opportunity.

    Ajay Ajmera was now convinced that this was an idea that could be scaled up. But again, the question was “how”?

    And the answer was the ubiquitous Internet. Ajay Ajmera himself came forward and made scores of youtube videos to propagate this idea amongst the masses.

    And as the French poet and novelist Victor Hugo has said, “Nothing is more powerful than an idea whose time has come.”

    The word spread fast, and within a few years, more than 5000 women from every nook and corner of India became a part of this movement.

    Many such women are now the primary breadwinners of their family, and many who started the business from a small room now own a big saree showroom.

    The powerful impact of this initiative was also recognised by the government. Ajay Ajmera’s selfless efforts won him the prestigious “The Champions of Change Award 2020”, which was conferred by Shri Bhagat Singh Koshyari, the Governor of Maharashtra.

    We congratulate and thank Mr. Ajay Ajmera for his noble work, and we are very optimistic that his continued efforts will be instrumental in changing the lives of lacs of Indian women. To know more details, please check it out https://youtube.com/c/AjmeraFashionSyntheticSareeManufacturer

  • JewelEMarket, the Kohinoor of the Indian Wholesale Fashion Imitation Jewelry Industry

    JewelEMarket, the Kohinoor of the Indian Wholesale Fashion Imitation Jewelry Industry

    Mumbai (Maharashtra) [India], January 13: When Ritesh Barbhaya, the founder and CEO of JewelEMarket.com, India’s first fashion imitation jewelry B2B wholesale platform, started getting messages and calls from the fashion imitation jewelry fraternity across India after the world locked down due to Covid-19, the gravity and helplessness of the offline community dawned on him to help them out by building a robust and scalable digital solution that would jump-start the nervous industry stakeholders. Holding webinars, zoom calls with various Manufacturers, Traders and Retailers across India, the blueprint of a viable solution was developed.

    Ritesh’s business path reached a fork in the road when he chose to develop a wholesale e-commerce platform for fashion imitation jewelry to connect customers and sellers from India and around the world since he has gained a decade old successful expertise in running the Online B2C fashion jewelry business of JewelMaze.com along with selling on various online marketplaces.

    There was a time when the fashion jewelry business was chastised for ‘imitating’ fine jewelry. However, with the development of hi-tech equipment, particularly through CAD and CAM, things have altered in the last decade. The imitation nature of jewelry has become the in-thing. Millennials in India and beyond are happy to wear costume jewelry, make a fashion statement, and express their views on mindful purchasing.

    JewelEMarket.com, India’s first B2B fashion imitation jewelry marketplace connects MSME buyers, wholesalers, retailers, exporters, resellers with genuine manufacturers, bulk wholesalers, and designers in India and abroad.

    JewelEmarket.com jewelry product range includes the largest-ever collection of traditional as well as fusion Indian Jewelry, Bridal sets, Finger-rings, Bangles, Bracelets, Earrings, Tikkas, Necklace sets, Bindis, tattoos and Hair Accessories, amongst others.

    JewelEMarket provides 24×7 e-commerce ready digital store, brand recognition, customer acquisition across social mediums via digital advertising and offline activities to the sellers. On the other hand, the buyers need not have to leave their setup to visit multiple suppliers across geographies, freedom to buy whatever quantity from the listed suppliers, aggregating orders, attractive discounts on bulk orders, information about the suppliers available on the brand page etc.

    Ritesh Barbhaya, founder and CEO, JewelEMarket.com, said, “Our online platform became operation in July-2020 during the time of the coronavirus infused lockdown in India. Taking inspiration from the jewelry buying trends during the Covid-19 times, I decided to launch the online market platform for fashion imitation jewelry. In one year of the operation, we have been able to deliver more than 1,000 orders, earning revenue of more than Rs 1.50crore.”

    JewelEMarket.com has serviced orders across states within India along with International destinations like America (USA), Australia, Canada, UK, New Zealand, Singapore, Malaysia, Turkey, Mauritius, Netherlands, Switzerland, Hong Kong, Czech Republic, Denmark, Spain, Germany, Belgium, Ireland, Fiji, China, Bangladesh, Sri Lanka, France, South Africa, Qatar, Dubai (UAE) and looking forward to servicing customers across the globe

    Ritesh added, “We have 23% repeat order rate, 46% international orders, 100% quarter-on-quarter growth, more than 50 vendor partners, 10,000 registered buyers and more than 50,000 monthly visitors on the online platform.”

    For more information, visit: https://jewelemarket.com

  • Marwadi Financial Services enters into partnership with NSDL Payments Bank to offer Integrated Trading & Savings Bank Account to Investors

    Marwadi Financial Services enters into partnership with NSDL Payments Bank to offer Integrated Trading & Savings Bank Account to Investors

    Mumbai (Maharashtra) [India], January 13: Marwadi Financial Services continues to expand its bouquet of partnerships to provide a faster & effective investment and trading experience to our customers. Their latest affiliation with NSDL Payments Bank will allow Marwadi Financial Services to offer its clients an integrated 3-in-1 savings account that combines the features of savings, Demat and trading accounts. Using this account, investors will be able to seamlessly transfer funds in real-time and execute trades in almost no time. Users will also be able to avail margins without actually moving funds between their savings and trading accounts. The 3-in-1 account will provide the additional advantage to users of availing savings interest on funds lying idle in their trading account. This strategic partnership will help Marwadi to boost customer experience while allowing NSDL Payments Bank to access Marwadi’s clients and expand its customer base.

    Announcing the partnership Mr. Gaurav Bhojak, Chief Strategy & Digital Transformation Officer at Marwadi Financial Services, said, “The integration of NSDL Payments Bank’s savings account is an inordinate step forward for us. Now our customers can experience an advanced trading experience offered by Marwadi Financial Services with a safe and secure banking mechanism backed by NSDL Payments Bank. This partnership will allow us to extend an innovative, single click and seamless experience to our clients for availing margins without going through the slow & traditional fund transfer journey while adhering to the regulatory norms. This tech integration will enable our customers to allocate funds while retaining the money in their bank’s saving account till trade is successfully executed.

    With this addition, we are fully confident that our customers will appreciate the new level of ease and comfort this will bring to their investing experience. As digital transformation continues to reshape the financial services landscape, we at Marwadi Financial Services stay ahead of the curve by constantly introducing innovative products and solutions to bring ease of investing to every customer, which will result in an enhanced investing experience.”

    Speaking on the partnership, Mr. Ashutosh Singh, President & CBO at NSDL Payments Bank, said, “NSDL Payments Bank is extremely delighted to add another compelling product in its expanding product suite in partnership with Marwadi Financial Services. The integrated savings bank account offering is in keeping with our mission of making the journey of payments and investments safer, simpler and seamless for the customer. The combined product offering with Marwadi Financial Services Ltd will allow broking customers to allocate funds to the broker for stock market transactions while retaining the money in their bank account until the trade is successfully executed, thereby earning them interest until the time such trade gets completed.

    What’s more, the savings bank account allows the customers to tag and identify capital market transactions separately through the mobile banking app. This feature will be extremely useful to investors at the time of filing tax returns in understanding the flow of funds allocated for capital market transactions for any period.

    Along with the account holders, the broking house benefits from this arrangement as the settlement is done on a real-time basis in a very cost-effective manner. Additionally, manual efforts and costs related to reconciliation are eliminated.

    We are confident that all customers of the capital market will find this product persuasive from the lens of safety, utility and convenience, and this, in turn, will help us achieve scale.”

    Marwadi Financial Services is the investment and financial services arm of the 3-decade young Marwadi Group. The group was incorporated in 1992 and has ventured into various sectors, including financial services, education and solar power. Across its verticals, the Marwadi group has witnessed steady growth and has a strong team of 2500+ employees. The company is present in 104 geographical locations across India, with over 500 partners that serve a strong community of 4 lakhs+ esteemed customers. Enabling and empowering their customers on their wealth creation journey, the company offers a wide range of financial products and services that include equity, commodity, currency, depository facilities, IPO, mutual funds distribution, and advisory services. www.marwadionline.com

    Marwadi Financial services is a trusted financial services solution provider. Through its robust business model, it delivers unmatched value to those seeking financial freedom. The company’s mission is to provide quality advisory services, not just to the existing set of loyal customers but to all investors across geographies in India, through innovative digital-first solutions and AI-based models. As a trusted, strategic financial partner, Marwadi Financial Services is deeply committed to gaining the customer’s confidence in investing for their financial well-being.

    NSDL Payments Bank is a subsidiary of NSDL, the first and the largest depository in India. The bank is predominantly a digital bank and offers end-to-end digital banking products through self-service and assisted channels to customers of various segments. NSDL Jiffy is the flagship Mobile App (Available on Google Play Store and Apple App Store) of NSDL Payments Bank, which allows 100% digital Savings Account opening within a few minutes with an instant debit card and features like Recharge, Bill Payments, UPI, Integration of trading accounts with a savings account and much more.

    The bank also offers Current Accounts, Prepaid cards and third-party products like Mutual Funds, Life Insurance & General Insurance. Its product suite also includes Financial Inclusion and Payment Products such as DMT, AePs, Micro ATM, BC Banking, Recharges, Bill Pay, PG and PoS solutions through a suite of well defined, designed, and modular APIs with its Banking Correspondents.

  • STL and Robin.io enter into a Strategic Collaboration to Deliver Core Technologies to Empower 5G Stacks for Enterprises and Cloud Service Providers

    STL and Robin.io enter into a Strategic Collaboration to Deliver Core Technologies to Empower 5G Stacks for Enterprises and Cloud Service Providers

    Robin.io will provide the cloud-native Platform for deploying applications and network functions on the STL Enterprise Marketplace Platform

    San Jose (California) [USA], January 13: Robin.io, a leader in Kubernetes data management for enterprise applications and operator 5G solutions, announced a strategic collaboration with STL [NSE: STLTECH], an industry-leading integrator of digital networks, to offer (Xaas) as-a-service solution. The Xaas solution will leverage the STL Enterprise Marketplace Platform with the Robin Cloud-Native Platform (CNP) to deliver enterprise applications and 5G services effectively.

    “Built on the foundation of cloud-native, zero-touch automation and open architectures, the integrated marketplace solution will enable CSPs to deliver new revenue models and accelerate customer onboarding while keeping service delivery costs in check. The marketplace solution built jointly by STL and Robin.io for service providers and enterprises will disrupt the way XaaS frameworks are built and delivered,” said Partha Seetala, founder and CEO of Robin.io.

    STL Enterprise Marketplace is a new-age, platform-based model that simplifies collaboration and has the potential to open up multi-sided marketplace opportunities. STL offers end-to-end software solutions for creating new-age digital services, building new business models, and opening new revenue streams.

    The Platform brings together service providers, partners and enterprise customers from different verticals on the same Platform. Robin CNP provides storage, network management and scheduling to run complex network workloads from application vendors and partners across a wide spectrum of use cases. The synergy provides a complete platform for partnership, collaboration and co-creation targeted for enterprise telco customers.

    Commenting on the collaboration, Saikat Mitra, COO of STL Network Software, said, “Extreme automation and true cloud-native platforms are key to accelerating digital transformation. In its endeavor to bring innovative XaaS offerings faster to the market, STL has been supporting a hybrid network ecosystem with its 5G Enterprise Marketplace and 5G monetization initiatives. In this strategic partnership, we are bringing our Enterprise Marketplace Platform enabling Robin.io to achieve seamless cloud infrastructure management for multi-datacenter, multi-cloud and multi-edge ecosystems and actualize their vision on 5G, IoT and WiFi.”

    There is a growing trend amongst the Communication Service Providers (CSPs) to become an enterprise platform provider to leverage the massive opportunities it provides. The STL Enterprise Marketplace Platform, paired with Robin Multi-Data Center Automation Platform (MDCAP) and Robin CNP, equips service providers with the technology needed to break in and dominate the enterprise XaaS market. The collaboration announced today provides telcos an agile, scalable automation solution for 5G designed to help them reduce risk and accelerate time to value.

    STL is an industry-leading integrator of digital networks that helps telcos, cloud companies, citizen networks, and large enterprises deliver enhanced experiences to their customers. STL provides end-to-end, 5G-ready solutions ranging from wired to wireless, design to deployment, and computing connectivity. Our core capabilities lie in Optical Interconnect, Virtualised Access Solutions, Network Software and System Integration.

    Robin.io provides cloud-native capabilities that automate deployment, scaling and lifecycle management of enterprise and 5G applications on Kubernetes. The company’s core technology uses application bundles and application pipelines, which are automated through patented infrastructure and application-topology awareness technology. Robin.io allows developers and platform engineers to deploy and easily manage data rapidly- and network-centric applications—including big data, NoSQL and 5G—independent of underlying infrastructure resources. Robin is used globally by companies including BNP Paribas, Palo Alto Networks, Rakuten Mobile, SAP, Sabre and USAA.

    Headquartered in Silicon Valley, California, Robin.io solutions are recognized by Gartner, IDC, GigaOm and others for their innovation and reliability. More at www.robin.io and Twitter: @robin4K8S.

  • Featherlite Buildcon turning 7 this year in grand fashion

    Featherlite Buildcon turning 7 this year in grand fashion

    New Delhi (India), January 12: A company known for providing a new ray of hope in the real estate market, Featherlite Buildcon has come a long way since its inception in 2017. The gradual shift from red bricks to fly ash blocks for the development of new structures in North East India is mostly pioneered by Featherlite Buildcon. The real estate industry has seen a steady rise in India, with construction for ventures and residents trying to catch up with the demand. Embracing the needs for such an important task is what Kuldeep Dhanuka and Mukesh Agarwal, the founders of Featherlite Buildcon, have worked towards.

    Featherlite Buildcon’s R&D team has worked day and night all these years to bring in better Fly Ash blocks for the people, which are lighter, stronger, economical and require less water. With its seven-year anniversary coming close, the company has been a part of bringing various changes in how people build homes.

    The challenging aspect of building homes in the Northeastern region of India with the water scarcity issues has been a hurdle, many brick and block companies who have tried to overcome this problem. This is a task which Featherlite Buildcon has successfully completed in its 7 years of inception by providing Fly Ash blocks that require less water than the red bricks counterpart. To give an understanding, red clay bricks are heavier, and their use in building construction involves increased cost, water and wastage. Fly Ash blocks, on the other hand, are lightweight at about 80% less than traditional red bricks and leads to a reduction in the use of cement, steel and water, thus saving cost. Moreover, being environmentally friendly, Fly Ash blocks ensure better durability, improved sound and heat insulation compared to red bricks.

    The company will be celebrating its 7 year anniversary with the goal of bringing better products, more R&D, and a better distribution system as Featherlite Blocks is looking to spread its presence in the entire North East region and the neighbouring states. The company is looking forward to bringing in new factories which will create more jobs for people to enrich their homes, a better economy to help the nation and stronger construction for future generations.

    Looking back in the past, the Featherlite Buildcon market was established and produced primarily for the state of Bihar and West Bengal during its inception. Both families had businesses working the same way, red clay bricks manufacturing at Thakurganj, Bihar. They established a rapport where they were influenced in spreading awareness about the implications and advantages of Fly Ash Blocks. 40% of construction in the North-Eastern region of India is now done with Fly Ash Blocks, and Featherlite Buildcon is the flag bearer for the same.

    In their recent foray into the entire North East region, Featherlite Buildcon has helped builders and homemakers with a better alternative to red bricks and save extra expenses on water and other surcharges. We are excited to announce that the 7 year anniversary will be a grand one where there will be reveals of prototypes and product announcements that will help cement the construction of brand new evolution for the company.

    The founders are constantly working on creating even more products that will help shape the construction industry towards a better structure and help people engage with their ideas with a more sustainable and economical option. This is what drives them to improve their services and find new markets that can help not just the brand but also the builders and homemakers who want the best quality completion.

    We look forward to seeing you at the Featherlite Buildcon’s 7 year anniversary this year.

  • Axis Bank partners with MinkasuPay for a seamless net banking experience for its customers

    Axis Bank partners with MinkasuPay for a seamless net banking experience for its customers

    Biometric authentication solution for net banking transactions; smooth & secure net banking experience; no more usernames, passwords & OTPs; transaction time reduced to a few seconds using fingerprint or faceID

    Mumbai (Maharashtra) [India], January 11: Axis Bank, India’s third-largest private sector bank, today announced its partnership with MinkasuPay to offer the smoothest net banking payment experience for its customers through a biometric authentication solution. Transaction time will reduce from the current 50-60 seconds to just 2-3 seconds with Fingerprint or Face ID authentication while increasing success rates significantly. In a continuous effort to provide hassle-free digital payment solutions to its customers, Axis Bank, through this partnership with MinkasuPay, will enable customers to make net banking payments in merchant apps using Fingerprint or Face ID, without the need of usernames, passwords, and OTPs. This will enhance user experience while bolstering security and reducing cyber-fraud. MinkasuPay’s biometric authentication solution is a 2-Factor-Authentication solution that leverages the power of smartphones and biometrics to eliminate friction. 2FA, as mandated by RBI, helps increase the security of all digital transactions. For the first transaction, customers have to log in to their net banking account using their username & password, verifying the OTP, as usual, to get on-boarded. For all subsequent transactions, a Fingerprint or Face ID can be used to approve payments.

    Speaking on the initiative, Sanjeev Moghe, EVP & Head, Cards and Payments, Axis Bank, said, “We are excited to offer this best-in-class experience on our net banking platform. With the growing adoption & usage of digital payments, our partnership with MinkasuPay will play an important role in enhancing customers’ net banking experience. It will improve transaction success rates and further strengthen safety and security of digital transactions.”

    Commenting on the partnership, Anbu Gounder, CEO, MinkasuPay, said, “We are pleased to partner Axis Bank to bring the best payment experience in India to their customers. MinkasuPay is the pioneer of 1-click payments in India and offers biometric authentication solutions for Netbanking, Debit card, Credit card and UPI payments. MinkasuPay’s patented security technologies make online transactions much safer. Instead of trying to optimize existing OTP-based flows or compromise on security for low-ticket items, we have built a truly innovative digital payments authentication platform from the ground up that leverages device binding and Public Key Infrastructure (PKI) to enable quick and secure payments.”

    To view the customer journey, please click here.

    About Axis Bank: Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses. With its 4,679 domestic branches (including extension counters) and 10,970 ATMs across the country as on 30th September 2021, the network of Axis Bank spreads across 2,658 centers, enabling it to reach out to a large cross-section of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge and Axis Bank Foundation.To know more about the bank, please visit https://www.axisbank.com.

     About Minkasu: Minkasu, a mobile payments company based in Silicon Valley, California with offices in India is the pioneer of biometric authentication solutions for payments in India. It provides a game changing authentication solution backed by patents and offers the most frictionless payment experience in the merchant apps and the UPI apps. It entirely eliminates the usernames, passwords, OTPs and PINs for debit card, credit card, net banking, and UPI transactions.MinkasuPay is offered in partnership with the banks and it is the smoothest payment experience in India today. It helps merchants achieve significant increase in success rates and it helps banks reduce fraud.

    To know more about Minkasu: https://www.minkasupay.com/

  • PROPERTY PLANET, a reputed real estate firm, known for unique approach and customer satisfaction in real estate market

    PROPERTY PLANET, a reputed real estate firm, known for unique approach and customer satisfaction in real estate market

    Himanshu Sutaria, Yogesh Patel and Swamisharan Barot, Founders of Property Planet

    January 11: Buying a house or property is always a tough decision. People will take multiple feedback and consideration before buying, but it becomes easy when people find a trusted adviser and real estate firm which will provide not only proper guidance but also a unique buying experience with full comfort. Here is the story of a venture called property Planet.

    A successful business is one that grasps and addresses prevalent customer challenges in a unique yet simple way. Curiosity and innovation, they say, are the two founding pillars for the strongest entrepreneurial ventures. The Founders Trio at Property Planet – Himanshu Sutaria, Yogesh Patel and Swamisharan Barot – share a penchant for this very approach, thus simplifying the process of property purchase for people across the globe.

    Behind the Scenes of the Fastest Growing Real Estate Platform

    With its branches spread across some of the top cities in the world, including Vadodara, Anand, Mumbai, New Jersey, Charlotte, Atlanta, Melbourne, Perth, and Sydney, Property Planet has quickly escalated to the top rungs of the real estate ladder. It is the first real estate brand to offer free furniture along with every property they sell, which speaks highly of their commitment to catering to every little requirement of property seekers these days.

    Property Planet has quickly cemented its position in the market and has come to be dubbed as a one-stop destination for all housing-oriented requirements. Offering the best deals on properties with complementary furniture setup, the brand is a top choice for availing of classy interior packages at attractive prices.

    If numbers are to determine the success of the brand, the fact that Property Planet is selling at least one fully furnished property every day should speak volumes. The brand is behind the highest number of property unit sales in the city of Vadodara and is widely recognized as a reliable and affordable real estate solutions provider.

    Offering the Much-Needed Filling of Persistent Gaps

    Property Planet’s founders Himanshu Sutaria, Yogesh Patel and Swamisharan Barot boast of superlative industry experience and have together taken the brand to unprecedented heights despite hailing from distinct backgrounds. While Himanshu Sutaria has acquired 14 years of experience besides an Engineering and Marketing degree, Yogesh Patel has a Commerce & Law background with 25 years of experience. SwamisharanBarot, on the other hand, has a degree in Mechanical Engineering and 14 years of industry experience.

    Together, the trio and their exclusive brand are keen to mark their presence all over the world through hassle-free, affordable solutions for real estate buyers looking to save time, money, and energy. They have even set up first-of-their-kind sample homes within their office to offer fully furnished home experiences to prospective customers, something no real estate platform has come up with earlier.

    Despite it being a massive challenge to create a robust near-real setup with all elements – furniture variety, interior décor, colours, lighting, services, and more – the team spent a rigorous 1.5 years towards accomplishing their target, and how!

    Showcasing all projects under a single roof, Property Planet helps customers can squeeze the four months on average they would spend browsing properties into just 30 minutes! Not just this – by offering attractive deals to buyers in the first go, they save them from the 1-2 months’ time spent on bargaining with builders. Complementary, hassle-free, and complete furniture installation within a month, that too out of 4000+ options at a single place, saves the buyer another 6-8 months.

    A Class Apart: Setting the Brand’s Way Forward

    The founding trio has always believed in the concept of “customer first”, and this is exactly what marks Property Planet distinct from the sea of real estate businesses in the market today. “Put yourselves into the shoes of the customer, and you’ll know exactly how to treat them” is a philosophy the team swears by.

    Himanshu Sutaria, Yogesh Patel, and Swamisharan Barot niche brand bring respite to real estate buyers at a time when the largest industry in the country is facing rampant chaos and disorder; Property Planet’s organized structure, efficient systems and need-based product development deserve all credit.

    The brand has been recently acknowledged as the ‘Leading Brand in Real Estate Industry of Gujarat” by regional daily Divya bhaskar due to its exclusive services in the sector. Looking ahead, the founders share an optimistic vision for the brand’s future, which is all set to grow from pillar to pillar, transforming real estate buying experiences once and for all.

  • COSMOSSOFT Offers Web Application Development Services

    COSMOSSOFT Offers Web Application Development Services

    January 11: Corporate and small businesses can start in style with COSMOSSOFT, a web application development company that builds tailored applications. A website development company serving clients worldwide. COSMOSSOFT offers low-cost but highly effective apps for small businesses and corporations.

    A web app development company’s developers are highly talented and experienced, which means they make great customized apps that help businesses and brands stand out. The India-based company utilizes the most current technology to assist its clients with their business objectives.

    At COSMOSSOFT, experts are highly experienced and highly trained. They are passionate about what they do, and they are eager to do their best. Businesses or corporate can work with them to create customized apps that suit their needs and reach their target audience.

    Custom Web Application Development Services Providing by COSMOSSOFT

    The company provides full-stack web applications that are scalable and simplify deployment to align technology with a client’s strategy.

    > Custom Web Applications Development

    > API Development

    > Prototyping & UX Design

    > Technology Consulting

    > eCommerce Solutions

    > Progressive Web App Development

    > Digital Marketing

    The most significant advantage of availing of the services provided by COSMOSSOFT, among several others, is the high level of cost efficiency it offers to its clients. This company strives to provide the best quality of work to you at the right price.

    Why Choose COSMOSSOFT for Web Application Development Services?

    COSMOSSOFT has a technically strong team of web application developers

    successful web development projects under our belt, including web-based apps, e-commerce portals, CMS, B2C & B2B applications, intranet & extranet portals, and more. We provide the best web application development services and are the veterans of all new technologies.

    > 90% On Time Delivery

    > 5+ Industries Served

    > 2+ Years Of Experience

    > 20+ Web Projects

    Technology Expertise

    > PHP

    > Laravel

    > CodeIgniter

    > Open-Source Development

    > eCommerce

    > WordPress

    > Shopify

    > C#

    > Front-end Web Development

    > Angular

    We help companies to develop specialized web applications to meet their business needs.

    COSMOSSOFT

    Phone: +91-8797720832

    Email: https://cosmossoft.in/