Apr 3, 2024 | Uncategorized
PhonePe today announced a partnership with Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s largest retail health insurance Company, to offer customers health insurance with a monthly and annual payment option. With this partnership, PhonePe users will now be able to avail of ‘Star Comprehensive Insurance Policy’ on the PhonePe app with coverage up to Rs.1 Crore. Having previously disrupted the market with its motor insurance products, with this launch, PhonePe further expands the options available to its users in the health insurance category.
Through this partnership, for the first time, Star Health Insurance’s Comprehensive Health Insurance will be offered to customers with a monthly premium payment plan, pioneered by PhonePe – a first-of-its-kind initiative in the industry. Users can also opt to pay their premium with the UPI AutoPay mandate and enjoy added convenience. This move was driven by a critical insight that smaller monthly payments ease the financial burden for users while empowering and enabling them to opt for more extensive insurance coverage without stretching their finances.
Star Comprehensive Insurance Policy is a power-packed insurance plan with benefits including the most popular OPD and maternity coverage. Market research conducted with PhonePe’s user base indicates that these two features were the most preferred by customers while buying health insurance. Star Comprehensive Health Insurance Policy is an end-to-end health insurance policy with sum insured available up to Rs.1 crore. The policy covers road ambulance and air ambulance expenses, out-patient medical consultation up to the limits, out-patient coverage for dental and Ophthalmic treatment, delivery expenses, organ donor expenses, provides coverage for newborn babies, including any congenital disorders, from day one of birth and vaccination expenses of the new born until the baby completes one year. Mental well-being is covered up to the sum insured. The policy does not impose sub-limits for day care procedures. Accidental death and permanent total disablement is covered up to 1 crore.
Star Comprehensive Health Insurance Policy also offers wellness programmes that provide discounts on premiums and condition management programmes. Furthermore, the policy provides an annual health check-up, automatic restoration of the sum insured up to 100%, and a cumulative bonus, payable up to 100% of the basic sum insured.
Speaking on the partnership, Vishal Gupta, CEO of PhonePe Insurance said “PhonePe is excited about this partnership with Star Health. Star’s differentiated benefits combined with PhonePe’s distribution, customer centric approach and simple DIY journeys will help turbocharge insurance adoption and penetration in the country. We are on a mission to help turn India from an underinsured nation to one that is adequately insured and view this partnership with Star as a crucial milestone in this journey.”
Speaking on the partnership, Anand Roy, MD and CEO of Star Health Insurance, said, “We are excited to partner with PhonePe and offer health insurance targeted at Gen Z and Millennials since people in that group are digital natives. The partnership between Star Health Insurance and PhonePe will provide consumers with a hassle-free payment option that is light on the pocket and at the same time meets their wellness needs. Today, health insurance has become a necessity. Given the high medical inflation in the country, it has become crucial to have an all-inclusive health cover that can protect at every stage of an individual’s life. At Star, we believe in keeping our customers healthy, and towards that end, customers buying our policies will not just get insurance but will also have access to free teleconsultations, homecare, and nutritionists, among other services. We look forward to expanding our digital reach through this partnership.”
Users can purchase the policy via the PhonePe app by clicking on the Health Insurance option, selecting the members to be insured, the desired sum to be insured and the payment tenure. Here, they can choose either monthly EMIs or annual payments and then select the policy of their choice. Once they opt for the policy, the customer’s have to fill in their details, such as name, age, and gender, followed by the health history of all members to be insured. This will be followed by a regulator mandated Know Your Customer (KYC) form and declarations, once the payment is completed.
Star Health, in association with PhonePe, plans to roll out more such innovative offerings across its indemnity and benefit products.
Apr 3, 2024 | Uncategorized
Kuku FM, India’s leading platform for audiobooks and shows, launches a heartwarming new ad film titled “Koi Baat Nahi,” conceptualized and executed by The Ensemble. Specializing in TVCs, DVCs, branded content, and content marketing solutions, The Ensemble has played a pivotal role in bringing Kuku FM’s vision to life through captivating ad films.
Featuring acclaimed actors Apoorva Arora and Anshuman Malhotra, the ad film revolves around the theme of resilience and positivity in the face of adversity. The guy in the advertisement, played by Anshuman Malhotra, has a positive response to all the hypothetical bleak situations his partner, played by Apoorva Arora, presents to him. Each scenario depicted in the ad film reinforces the belief that a positive outlook can transform life’s challenges into opportunities for growth and inspiration.
The hilarious ad film highlights KuKu FM’s core messaging that the platform offers over 10,000 audiobooks and shows delivered in an easily understandable Hindi language, including best-selling motivation books. Kuku FM enables listeners to access a treasure trove of inspiration anytime, anywhere. From renowned titles like “12th Fail” to “Buddh Sootra” and “9 Success Mantras by World Athletes,” the platform provides a diverse range of content to uplift spirits.
From ideation to execution, including casting, The Ensemble has demonstrated unparalleled creativity and expertise in content creation and production. Leveraging their deep understanding of Kuku FM’s brand identity and audience, The Ensemble has delivered a series of impactful ad films that resonate with viewers on a profound level. What set this project apart was the ambitious timeline – 5 films in just 5 days- everything from ideation to execution was done within the span of 5 days and The Ensemble demonstrated their ability to deliver exceptional content under pressure, without compromising on quality. The team meticulously selected actors and digital influencers like Anshuman Malhotra, Apoorva Arora, Khushaal Pawaar, Tushar Pandey, Shreya Gupto, Nikhil Ratnaparkhi, Arnav Bhasin among others, each choice tailored to target a specific audience group and genre, ensuring maximum impact and resonance. One of the memorable moments from the ad films was the viral dialogue, “Koi baat nahi,” resonating with young audiences and adding an extra layer of relatability to the films.
Speaking about their collaboration with The Ensemble, Kunj Sanghvi, Head of Content at KuKu FM, expressed his satisfaction with the outcome. “Making ads for a content offering is a doubly challenging task as the ads also become a proof of the quality of the actual offering, which is audiobooks and shows in our case. In a cluttered landscape, finding standout ways to appeal to the TG so they sit up and take notice is highly important. The team at Ensemble showed great agility in understanding the brief, cracking great ideas and doing swift and faultless execution,” said Sanghvi.
As the co-founder of The Ensemble and the director of these films, Abhishek Dixit had this to say: “With KuKu FM’s unwavering trust in The Ensemble’s creative prowess and our commitment to exceed expectations, we have once again demonstrated that stellar ideas can thrive even under tight deadlines. It was truly a collaborative effort from both the client and our team to achieve this, as at The Ensemble, collaboration means everything to us.”
The Ensemble commits to excellence in every aspect of the process, from ideation to scriptwriting and execution, resulting in ads that not only promote the brand but also resonate with audiences.
Apr 3, 2024 | Uncategorized
Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), announced the completion of a strategic realignment designed to accelerate the company’s growth plan, including its ability to respond to market opportunities with a focus on hybrid cloud and generative AI. The new structure includes the integration of Hitachi Vantara and Hitachi’s IT Platform Products Management Division, which has been responsible for Hitachi’s business development, R&D, and production of data infrastructure solutions.
To learn more Hitachi Vantara’s data storage, infrastructure, and hybrid cloud offerings, visit:
https://www.hitachivantara.com/en-us/products/storage-platforms.html
The realigned Hitachi Vantara commands extensive infrastructure and data storage experience across manufacturing and hybrid cloud, as well as a shared focus on collaboration to drive meaningful business outcomes for the company’s customers. As a result, the company will be able to innovate and adapt to the needs of the market in real time, while also building upon its long-standing expertise in managing data across mission critical environments.
The announcement comes at an important time as the emergence of technologies like generative AI has led to an explosive growth of processing required for data, and many companies are straining to keep up. One recent survey of IT leaders revealed that many IT professionals are struggling to manage AI projects and deal with the resulting deluge of data. According to the survey, nearly nine in 10 IT professionals (88%) can’t support the surge of AI-related requests that they have received at their organization. A separate survey found that more than 75% of organizations are using multiple AI models and 90% said that they have faced challenges integrating AI with other systems.
“The rise of generative AI and the explosion in data processing power are pushing the pace of change, and many organizations are struggling to keep up,” said Sheila Rohra, CEO of Hitachi Vantara. “This next phase of business transformation is designed to help us accelerate our execution and scale our business to identify and capitalize on market opportunities in real-time. This extension of development, manufacturing, sales, and delivery capabilities will strengthen our ability to provide our customers with the AI-driven data performance, reliability, and resiliency they need across their hybrid cloud environments in order to realize real-world impact and growth.”
As part of the new organizational structure, Akinobu Shimada, formerly president of Hitachi’s IT Platform Products Management Division, has been appointed as chairman of Hitachi Vantara to bolster the already strong connection between Hitachi Vantara and Hitachi Ltd.
“Our strong partnership across the organizations has helped to create the right synergy to formalize a Hitachi Vantara structure that brings R&D and engineering closer to our key markets around the globe,” said Shimada. “Given the impressive amount of industry expertise and technical understanding infused into our business, I am confident that we will lead with a unified digital infrastructure and AI strategy and execution plan that enables us to deliver high-impact outcomes for our customers and positions our business for continued growth.”
Hitachi Vantara is pioneering the development of hybrid cloud storage that seamlessly combines on-premises and cloud computing to achieve safety, high performance and reliability, and cost advantage in processing critical, large-scale data for complex business requirements. As an example, the company recently announced a collaboration with NVIDIA to create a new generation of transformational AI solutions, Hitachi iQ, which layers industry-specific capabilities on top of its AI solution stack, so outcomes can be more specific and relevant to an organization’s business.
Apr 2, 2024 | Uncategorized
Goldmedal Electricals, a leading Fast Moving Electrical Goods (FMEG) company, has announced the launch of India’s first smart riding suitcase, AirXpress. The AirXpress smart riding suitcase is powered by a 73.26WH removable battery and sturdy enough to carry loads up to 110 kg at a maximum speed of 13km/hr. The AirXpress thus combines technology with convenience. Available in two colours, Digital Silver and Carbon Black, the AirXpress has a stylish design that is perfect for modern travellers. Its smooth navigation system allows for seamless movement through crowded spaces like airport terminals.
AirXpress features a TSA lock for added security while travelling. For smooth riding, this scooter is equipped with wider tyres that are wear-resistant, anti-slip, and shock absorbent.
Key Features of AirXpress:
- Convertible scooter: It has a retractable handle, which converts the luggage to a scooter that enables quick travel. It is equipped with a 250W motor that allows speeds up to 13km/h.
- Superior capacity and durability: It supports a maximum load of 110 kg, making it strong enough to double as a ride. It holds a capacity of 20L for storage.
- Advanced battery technology: The lithium battery, compliant with airline regulations, is removable for easy charging. Its 73.26WH battery life ensures that travellers can navigate through airports and stations with ease.
- Smart design for the modern traveller: Its compact design is made to fit inside airplane cabins.
- External USB interface: Charges your devices on the go.
Kishan Jain, Director, Goldmedal Electricals, added “AirXpress is not just a piece of luggage, it is a travel companion designed to enhance the travel experience in airports, train stations, and during short city trips. Its innovative design and features make it ideal for business travellers, adventure seekers, and anyone looking to add convenience and fun to their journeys.”
The AirXpress smart riding suitcase is now available with a one-year warranty at prominent retail outlets. It is also available online on Amazon.
About Goldmedal Electricals:
Goldmedal Electricals is a home-grown electrical company which was established in the year 1979 with a vision to create electrical switches and accessories that make a positive difference to the lives of consumers. The company is known in the industry for manufacturing high quality wiring devices and introducing a host of innovations in the industry. The company has manufacturing units in Vasai outside Mumbai, Bhiwadi in Rajasthan, and Vijayawada in Andhra Pradesh. It is one of the few companies in the industry to have a completely in-house, state-of-the-art tool room and testing facility. Today, the company manufactures a vast range of electrical products including various types of Switches, Home automation systems, Fans, Security Systems, Entertainment devices, Doorbells, Wires, Cables and more for residential buildings as well as commercial establishments.
Apr 2, 2024 | Uncategorized
NMIMS Chandigarh School of Technology Management’s (STME) Matrixx Technical Club and ACM chapter organised the ‘InnovateX Hackathon’, a first-ever Intra-college two-day hackathon on campus premises. Held under the guidance of Dr. Jyotsna Singh, Associate Dean, STME and Faculty Coordinators Dr. Jagpreet and Dr. Aditya Bakshi, the theme of the hackathon was ‘Tech for Social Impact’. It was dedicated to harnessing technology for positive social change and urging students to bring out their creative capabilities to develop solutions that have a meaningful impact on society. The event brought together all STME students to collaborate, innovate and develop prototypes of tech-driven solutions.
The participating students worked on various problem statements such as a Health and Wellness Platform- Developing solutions to improve access to healthcare services and promote well-being; a Navigation App for Blind People – Designing navigation aids to assist visually impaired individuals; a Financial Empowerment App – Crafting digital platforms to promote financial literacy and facilitate effective money management; an Education Accessibility Portal – Creating tools to enhance accessibility and inclusivity in education, and Accessible Transportation Solutions – Building systems to optimise transportation routes and enhance public transit accessibility.
The judges for the hackathon were domain and technical experts, Mr. Kundan Munjal, Chief Operating Officer, Zenmonk Technologies, Mohali, and Mr. Anoop Jain, CTO and Enterprise Architect, UCule Computing Pvt Ltd. (FIS), Mohali. Meanwhile, the student coordinators for the event were Mr. Agamjot Singh, Ms. Bhavya Jha, Mr. Anoop Gupta and Mr. Manjot Singh.
The two-day coding event saw 8 teams of 5 members each presenting their ideas on one of the themes to mentors and judges. Through three rounds of evaluations of the hackathon, students empathised and defined their problems, and presented their solutions in front of judges in the form of live demonstrations.
On the concluding day, Mr. Munjal and Mr. Jain evaluated the prototypes developed by the participating groups. The judging criteria included aspects such as innovation, feasibility, impact, scalability and presentation quality of the ideas put forth by the students.
Team 2 secured the first position for their Education Accessibility Platform. Led by Agamjot Singh Monga, the team consisted of Manjot Singh Jolly, Aarushi Vashist, Sarisht Sharma, and Saksham Tripathi. Following closely behind, Team 4 clinched the second position with their Finance Management Platform. Bhavya Jha led the team, which included members Raghav Yogi, Taranjot Singh, Ryan Kukreti, and Bhuvnesh Wadhwa.
The unique prototypes presented at the hackathon saw a display of a range of innovative ideas and approaches and showed the students’ dedication to leveraging technology for social good.
Apr 2, 2024 | Uncategorized
Adani Gangavaram Port the deepest and the most modern port in the country today set a new record of handling 7,473 rakes in FY 24 and also achieving a 20% of the year on year growth.
AGPL is on track to achieve its highest ever annual cargo of 37.24 MMT for the financial year 2023-2024 and also achieve a 15% of the year on year growth.
The port is poised to offer the best services in the Container Trade and is scheduled to inaugurate its state-of-the-art integrated Container Scanner Facility on 03rd April 2024. The Container Terminal of 5 Lac TEU Capacity with integrated Railway facility shall welcome its first EXIM container service from 17th April, 2024. The Terminal will enable new trade routes & international markets to the industry.
The port has been able to surpass its previous records as management has made strategic investments in infrastructure for efficient cargo handling and railway facilities. The port expects to set further operational records in FY24 and deliver Industry Best Services to its customers.
Speaking on the occasion Adani Gangavaram Port Limited management said “We are extremely delighted on this achievement. We at Adani Gangavaram Port always strive to provide the best service to our customers. We offer substantial economic benefits to Indian importers combined with highly efficient port operations and evacuation systems with faster turnaround time & delivery. We are extremely happy to see the trade derive benefits from the modern deep-water infrastructure at the port.”
