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Showing posts from April, 2019

MobiKwik to clock 70,000 digital loans in May 2019

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MobiKwik announced that it will clock 70,000 fully-digital loans in May 2019. MobiKwik has disbursed over 5 lakh loans since it started digital lending on its app last year and approx. 55,000 loans in April 2019 alone. MobiKwik’s Digital Lending business is amongst the fastest growing in the industry with over 25% MoM growth in 2019. As a Payments platform, the company has the unique opportunity to distribute affordable loan products to millions of its users and SMEs using their payments and profile data for credit underwriting. Each month about 1 million users apply for a digital loan on the MobiKwik Android and iOS apps.

MobiKwik’s loan products are delivered end-to-end on its mobile app, including the entire user targeting, loan journey, and money disbursal. The company offers an extensive portfolio of loans including Boost Term Loan, Boost Credit Line, and Shopping Loan to cater to diverse customer requirements. These loans are made available to users at competitive interest rate…

Lava claims to double its market share to 13%

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Lava International Limited showed tremendous gain in the Feature Phone market with over 100% growth in its market share from 6% to 13% in the Q1 results of 2019 as reported by Counterpoint Research. In the 2G Feature Phone segment Lava came a close second to Samsung with a difference of only 2% in the market share.
Counterpoint technology market research is a global firm specializing in mobile & technology products in the Technology, Media & Telecom (TMT) industry.
According to the latest research by Counterpoint the Indian Feature phone market is at 400 million users. With this exceptional gain in market share, Lava is amongst the most popular brands in the segment.
Lava was also reported as the No. 1 Feature Phone Brand in India by Cyber Media Research (CMR) in the month of February 2019.  Lava had reached the top spot with 16% market share while Samsung and LYF tied at 15% share each.
Announcing this, CMR had tweeted (on 01/04/19):
Commenting on the results, Sunil Raina, P…

Subex bags multi-year deal from Econet Wireless Zimbabwe to deploy Analytics Centre of Trust

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Subex, a telecom analytics solution provider, has announced a deal with Econet Wireless Zimbabwe (EWZ), a leading telecom operator in Zimbabwe, for the deployment of its Analytics Centre of Trust (ACT) offering. Through the deployment, Econet will be able to transform into an independent data driven organization, thereby improving operational efficiency.

Licensed as a mobile telecommunications operator in 1998, Econet is listed on the Zimbabwe Stock Exchange, and is part of the pan-African, diversified Econet Wireless Group. Econet Wireless Zimbabwe is building a strong, consumer-centric ethos that is committed to providing innovative, accessible and refreshingly simple communication solutions that suit customers’ everyday needs.

Econet Wireless Zimbabwe was looking to further improve their operational efficiency by effectively leveraging their data to make business decisions. To this end, Subex was selected based on its proven expertise in implementing an analytics solution which is…

Amazon Pay launches person to person (P2P) payments through UPI for Android customers

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Amazon Pay announced the launch of person-to-person (P2P) payments for Android users. Amazon customers can now make instant bank-to-bank transfers using UPI platform on the Amazon app. Customers can use this functionality to settle bills/expenses with friends, lend/return money to family, pay rents, pay for services like house-help, newspaper bills, milk subscription and more. Customers can also make payments from their bank account to local stores nearby or to Amazon delivery associate at doorstep by scanning UPI QR codes using the Amazon app. Built on the Govt. of India backed UPI platform, customers can send or receive P2P payments by simply selecting a contact from their phone contact book or entering UPI ID or Bank Account of the recipient. Money transfers have never been more easy and convenient.

Presently, customers lack simple and intuitive way of making money transfers. The current experience is sub-optimal due to lack of standard user interface, mandatory cool off restricti…

Infinix introduces its Smart 3 Plus on Flipkart

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Infinix, a smartphone brand from TRANSSION Holdings, has launched its latest device, ’Smart 3 Plus’ on Flipkart. The device is set to go on sale from 10 am on 30th April at a price of INR 6999/-, and promises a range of features never seen before in the sub 7k segment. Smart 3 Plus is the first smartphone in its price category to introduce 13MP+2MP Triple Rear Camera with a dedicated Low Light Sensor and a Dual LED Flash. The Camera is equipped with an advanced AI feature, which auto detects 8 different scene modes and auto adjusts light, brightness and contrast ratio to ensure that you get the best image output. The newly launched smartphone is powered by the latest Android Pie 9.0 operating system and will be available exclusively in colors of Midnight Black and Sapphire Cyan. For Jio users, Infinix will also offer benefits worth INR 4500/- with every purchase of Smart 3 Plus.
Additionally, the phone also has an 8MP front selfie-camera with AI-driven beauty mode for that ‘perfect’ s…

Paytm Launches Recurring Payments for Online Merchants

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Paytm has announced the launch of its recurring payment offering for merchants. With this addition, the company aims to equip subscription-based businesses to effortlessly collect payments from their users. Consumers have the option of choosing their preferred mode of payment like Credit Cards, Debit Cards, Net Banking, Paytm proprietary instruments and saved cards on Paytm for automatic billing based on frequency of their subscription. This offering is expected to simplify payments for several growing use cases in India such as Bill Payments, Content Subscription, Grocery Purchases, Membership Fees, Housing Society Payments and a lot more.

Paytm Payment Gateway has rapidly expanded its merchant base with its wide array of payment solutions, right from instant plug-and-play offerings to deep merchant platform integrations. It is focused on driving an intuitive payment experience and easy integration with all third-party platforms. By offering Software Development Kits (SDKs), Develop…

L&T Technology Services announces award of ₹ 10 lakhs to winners of industry-academia initiative

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L&T Technology Services  has announced the winners of the third edition of its national futuristic technology-based innovation competition TECHgium. Kickstarting in January, the event received record-surpassing 19,000 applications from over 270 reputed colleges & universities across India clocking a 200% increase in participants from its inception year 2016.

On this special occasion, the Postmaster General of Bengaluru HQ Region, Col. Arvind Varma, launched the TECHgium stamp to mark the successful conclusion of the 3rd season of TECHgium. The one-of-its-kind stamp bears the hallmark of LTTS’ culture of engineering excellence and innovation. The artwork of the stamp is an ode to the potential that engineering students in India hold and how industry-academia collaborations such as TECHgium® can propel this talent to greater heights.

The winning teams are facilitated with awards worth over ₹10 lacs with additional benefits such as continuation of work on the PoCs of interest as …

To strengthen the Job Opportunities in Cyber Security CompTIA partners with Lovely Professional University

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Demand for cybersecurity has increased with the number of advancements taking place across the technological scenario, especially in a technologically in trenched nation like India. To meet this demand, Computing Technology Industry Association (CompTIA) partnered with Lovely Professional University (LPU). The aim of this partnership is to support and work with Lovely Professional University to train and certify students on CompTIA certification programs, especially in cyber security.

As an authorized academy partner, now LPU students can opt for CompTIA Security+, CompTIA Pentest+ and will provide certification for ‘Cyber-Security Analyst (CySA+) programme which will help them to achieve their goals and dreams in the segment of cyber security.

As per the MOU, CompTIA certifications will be mapped to the content of LPU B.Tech curriculum. Students will be trained by faculty members of LPU who will be certified by CompTIA. CompTIA Cybersecurity certifications programs validate the skill…

BARCO claims to be certified as a Great Place to Work

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Barco, a visualization and collaboration technology company, claims to have been certified as a ‘Great Place to Work’ by Great Place to Work Institute. The selection was made against the parameters of fairness, respect, credibility, pride and camaraderie at the workplace as part of Great Place to Work®‘s Best People Practices and Trust Index, which is largely determined by confidential team member surveys.

Great Place to Work® Certification is one of the most respected achievements for any organization across the globe. Every year, more than 10,000 organizations from over 60 countries partner Great Place to Work® Institute for assessment, benchmarking and planning actions to strengthen their workplace culture. Barco was recognized on numerous parameters to be included in the coveted list of companies that provide an enabling environment of sustenance, growth, engagement and work-life balance to its employees.

Delighted by this achievement, Rajiv Bhalla, Managing Director, Barco India,…

Avaya partners with Standard Chartered to deliver Multi-Year CX Transformation

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Avaya Holdings Corp is partnering with Standard Chartered to deliver a multi-year client experience transformation project that will enable the Bank to more fully align its services with clients’ fast-paced, digitally connected lives. The Avaya OneCloud Private solution enables organizations such as Standard Chartered to hit the ground running with unified communications and contact center solutions delivered on their own private cloud.

Avaya offers standard reference architectures—or customers can team up with Avaya global experts to design a custom solution. The Standard Chartered Avaya implementation is designed to enable the Bank to effectively service its clients, while building a foundation that anticipates contact center channels that have not yet emerged. 
As Standard Chartered continues to invest in its digital capabilities, the global banking group is experiencing an increase in digital adoption, with 49% of clients now actively using online or mobile banking compared to 45…

HUAWEI CLOUD Expands its Partner Network with Infosys

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HUAWEI CLOUD and Infosys signed a memorandum on strategic cooperation to help enterprise customers transition quickly to the digital cloud. As part of the agreement, Infosys will join the HUAWEI CLOUD Partner Network (HCPN) and the two companies will develop new cloud solutions leveraging HUAWEI CLOUD and Infosys products and services to help customers securely adopt innovative cloud-based systems for their enterprise workloads.
The HCPN is a global partner program designed to help HCPN partners build success on HUAWEI CLOUD by providing valuable services, and technical, marketing and management support. The HCPN also enables HUAWEI CLOUD customers to identify high-quality HCPN partners who deliver value-added services and solutions on HUAWEI CLOUD.
By the end of 2018, the number of HCPN partners exceeded 6,000 and through cooperation with these partners HUAWEI CLOUD has added 2,800 applications which are available in 40 availability zones in 23 geographical regions across the globe …

CleanMax Solar raises funding of INR 275 Crore from Macquarie-managed UK Climate Investments

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CleanMax Solar, India’s largest provider of renewable energy for corporates has raised INR 275 crore in equity funding from UK Climate Investments LLP (UKCI).  This is the third marquee institutional investor to support the company’s growth ambitions, having secured equity financing up to INR 700 Crore from affiliate of Warburg Pincus and the International Finance Corporation in 2017.

CleanMax is a market leader in both rooftop solar and open access solar for the commercial and industrial (C&I) segment, with a cumulative India market share of 17% in rooftop and 9% in open access solar, respectively, as of March 2018 (As per BTI 2018 report).

UKCI’s investment will support CleanMax Solar as it expands its renewable energy portfolio – facilitating renewable energy buying for corporates through the construction of a network of private solar farms across India. CleanMax Solar already counts many leading corporates among its clients, including Adobe India, United Breweries, Volvo Indi…

If Data is Oil, Business information is Petrol

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By Heramb Thuse, Head Cloud Solutions & Presales, Crayon Software Experts India

Funny title! Isn't it? IT world is always chasing new phrases and new tech jargons, fancy new ideas and new ways to apply new tech concepts. Every technology innovation is better than a previous one, and helps in solving current business problem effectively. Every new cool thing/innovation attracts both - the presenters and recipient. Both of them spend time and resources to understand the entire process before getting into business value, TCO analysis, and transformation journeys etc.

Cloud is the new normal
There was a time when Cloud had been just a buzz word and IT professionals were trying to understand concerns associated with it. There were a lot of security related myths initially, lot of eye brows were raised when enterprises had to move their in premises workloads to Cloud. Cloud as a solution stood tall and proved its value, helped answer questions on security effectively and efficiently…

Impactall launches the 3D App to Revolutionise Learning by Transforming Traditional Classrooms

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To make learning effective, immersive, and enjoyable Impactall is launching the Impactall Classroom App for Schools. Impactall provides educational 3D and VR app solutions. The app will help students overcome common obstacles faced while learning. Through 3D models, cross-sectional and longitudinal study will be enabled leading to a deeper understanding of subjects. The ease with which knowledge is imparted using the app encourages users to explore unfamiliar and challenging concepts and elicits curiosity.

The Impactall Classroom App’s uniqueness stems from the fact it is not merely an extension of current pedagogic tools. Whereas most educational apps simply transpose information available in textbooks to a screen, Impactall’s app ignites a spark in students’ minds leading to improved cognitive capacity. Existing educational apps cover topics in predictable ways; however, Impactall’s app expands student’s consciousness allowing minds to link seemingly disparate information with ease…

OPPO unveils the new A5s with a water drop screen and exceptionally long-lasting battery life

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OPPO, a smartphone brand launched its latest budget friendly smartphone in India, OPPO A5s. Built with a stylish design and a long-lasting battery life, the OPPO A5s features the year’s most popular waterdrop screen, dual rear camera and runs on a MediaTek Helio P35 chipset. With a robust 4230mAh battery, OPPO A5s leverages AI algorithm optimization to reduce power consumption, delivering exceptional long-lasting battery life. Priced at INR 9990, OPPO A5s comes in two variants: 2GB RAM + 32GB ROM. The 2GB RAM + 32GB ROM version is available in black and red color that went on sale from 20th April 2019. Meanwhile, the 4GB RAM + 64GB ROM will be available in green and gold color in May 2019. The OPPO A5s will be available on Amazon Flipkart, Snapdeal, Tata CLiQ, PayTM Mall and all offline stores.

Speaking on the launch, Mr. Charles Wong, CEO, OPPO India and President OPPO South Asia said, “OPPO is committed to scale new heights of product innovation and customer centricity through its …

Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023: Ken Research

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The report titled “Philippines Car Rental, Car Leasing, Cab Aggregator and Yellow Taxi Market Outlook to 2023 – Driven by Planned Fleet Addition and Growth in Tourism and Construction Sector” provides a comprehensive analysis on the car rental market of the Philippines. The report covers various aspects including Business Models, Company Profiles, Competition Scenario, Cross Comparisons, Segmentation, Regulatory Environment, Growth Drivers, Issues and Challenges of Car Rental, Car Leasing and Cab Aggregator along with a Snapshot on Yellow Taxi. The report concludes with market projections and analyst recommendations, highlighting the major opportunities and cautions.
Market Overview Philippines Car Rental Market Philippines Car Rental Industry Revenue has grown at a positive CAGR during the period 2013-2018. This growth was supported by the increase in the number of tourist arrivals in the country, government initiatives to promote tourism and rise in fleet size along with general econ…

Evolution of Mobile Networks in the Era of 5G

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By: Mohammed Al-Moneer, Regional Vice President, MENA at A10 Networks

Fifth generation networks, just like the preceding 4G LTE and WiMAX networks, are expected to greatly increase available bandwidth, with improved end-to-end performance providing a better end-user experience. In the most basic of terms, 4G LTE was the long-term evolution of Radio Access Networks (RAN); 5G is the next iteration.

Wireless carriers have invested billions into their networks to support the ongoing demand for faster network speeds. They must look for ways to increase revenue while delivering more value to the end user. This continues to drive new devices into the hands of the consumer. The demand for increased efficiencies, bandwidth, and coverage has pushed carriers towards a decentralised deployment model.

Network Virtualisation Remains in The Early Stages
Service providers monitor and review technology for advancements that will help deliver faster and less expensive networks. Recently, they have looke…

TalentSprint Announces Its Women Engineers Program Supported By Google

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TalentSprint announced its Women Engineers Program (WE), supported by Google, to nurture 600 women software engineers from India over the coming three years. As a part of this initiative, young and talented college students from varied socioeconomic backgrounds will be identified via a detailed selection process and groomed through a rigorous multi-step training program, supported by 100% scholarships and annual stipends of Rs. 1 lakh each.
TalentSprint WE, supported by Google, is aimed at addressing the gender imbalance in technology by grooming promising talent among women engineering students to advance and contribute to the field. Prioritising inclusion, the program is designed to support talented women engineers from under-privileged and disadvantaged backgrounds.
Despite the fact that women famously played a pioneering role in the early decades of programming and technology, the participation of women engineers in the technology sector globally still only stands at 26%, as per …

Pure Storage empowers MDC BMS, to Drive Innovation and Focus on Business Growth

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Pure Storage has announced that MDC Business Management Services (MDC BMS)―a shared services company that provides support for IT, finance, procurement, facility management and HR for th+e larger Mubadala Group—has recently selected Pure Storage’s modern technology to cover production, non-production, disaster recovery and remote-site operations.

With Pure Storage serving as the foundation of its data center infrastructure, MDC BMS can focus IT resources on business-oriented tasks―rather than storage management—and has improved performance of business-critical applications, giving their clients real-time access to the data they need to make investment decisions that will ultimately shape the future of the business.

MDC BMS runs 16 apps on 1,500 virtual servers―each is mission-critical and performance-intensive but the legacy spinning disk-based storage solution inhibited MDC BMS from delivering optimal performance to Mubadala and non-Mubadala clients. The transition to Pure’s 100% NV…

Kan Ltd Selects Vissensa for Cloud Computing

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Kan Ltd approached Vissensa when their trusted onsite physical server, hosted in their Hampshire office, reached the limits of its ability to reliably support the demands of the business. The challenge was to migrate an important legacy application from the older technology to a modern operating environment without disrupting the company’s external website ordering systems that was linked to the application.
As part of the migration, Kan wanted to improve their business continuity by ensuring that the critical business information contained on these systems was backed up and could be recovered quickly when necessary.
Physical to Virtual Migration
Vissensa initially reviewed the platform and advised that the one server Kan operated was a single point of failure and should be migrated to a virtual platform where resilience can be guaranteed.

Vissensa performed a physical to virtual migration of the server and took over the management of it, relieving the Kan staff from the pressures of…

Taking a More Human Approach to AI

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By: Chris Pope, VP Innovation, ServiceNow

Artificial Intelligence (AI) is all about machines, obviously. Except it’s not. In truth, discussions surrounding AI may often centre around how competent, intuitive and contextually aware the machine brains we are building have become.

But really, AI is all about us―the humans—and how it can make our lives better.

There was a time, perhaps even inside the current decade, when AI tools and functions were still associated with the fanciful ‘talking computers’ that featured in many 1980s movies. It wasn’t that long ago that we considered AI as something of a ‘toy’ and its application in mission-critical enterprise applications was still somewhat laughable. Of course, now we take talking computers completely seriously. So much so that we’re equally focused on the proficiency of computer speech recognition.

Application of AI 
But as far as we have come, we still need to look at the real world use cases of AI and ask how it can help us make our live…

Gulbahar Taurani to lead Philips Personal Health India

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Royal Philips, a health technology company, has elevated Gulbahar Taurani, a veteran in the consumer durables industry, to succeed A.D.A Ratnam as President, Philips Personal Health in India.

Gulbahar, 44, brings a wealth of experience in electronics, domestic appliances and telecom. In his 15 years with Philips, Gulbahar has successfully led large teams across functions and businesses. In his most recent role as Marketing Director, Personal Health India, he was instrumental in driving deeper consumer connect, increasing brand awareness , innovation and operational excellence for all businesses in Personal Health.

“I am delighted to see Gulbahar taking on the role of Business Head for Personal Health in India, building on the strong legacy left by Ratnam. We have always believed in being close to our consumers and meeting their requirements through a steadfast focus on world class innovation and quality. I am confident that Gulbahar will continue with this tradition and leverage his …

Bringing greater transparency and context for news content on YouTube in India

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By Tim Katz, Director, Head of News Partnerships, YouTube

In the last few years, news has become an integral part of YouTube’s experience for millions of Indians online. With improved connectivity and low cost of data, watch-time of India’s authoritative news sources has more than tripled over the past two years. We have been hard at work to ensure that we are responsibly growing news and supporting news publishers on YouTube.

Towards this goal, we have taken a number of important steps and introduced three principles to guide the news experience on YouTube.

Make authoritative sources readily available
We know authoritativeness is essential to our viewers, so we’ve been investing in new product features to prominently surface authoritative sources across the platform. Our Top News shelf prominently highlights videos from authoritative news sources in search results.  And when a breaking news event happens, we want users to know about it. That’s why our Breaking News shelf highlights vid…

Paytm Money Launches Web Version to Offer a Better & Richer Investment Experience

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Paytm Money announced the launch of its a web & mobile web version of its investment  platform to assist users with the discovery & research of mutual funds while simplifying investments.

Paytm Money serves over 1 Million Users every month on its web platform and this new service is aimed towards catering to the needs of investment research and discovery of Mutual Funds users. Users shall continue to invest via the Android & iOS apps of Paytm Money for now and the company aims to introduce the ability to invest through web platform soon.

Paytm Money is known for providing the most comprehensive data about Mutual Funds to its users, which includes details of all schemes, latest NAVs, fund manager profiles, riskometers, benchmarks, portfolio holdings, sector exposure, scheme exit loads, ratings and more such information to help users take an informed investment decision. With the recent launch, the company has extended all this information for the convenience of its users o…

ICRIER & BIF Release a Report on ‘Evaluating Spectrum Auctions in India’

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Broadband India Forum (BIF), an independent policy forum and think-tank, in association with Indian Council for Research on International Economic Relations (ICRIER) an autonomous, policy-oriented, not-for-profit, economic policy think tank today released a report on spectrum pricing and auction methodology that evaluates TRAI’s recommendations for the upcoming auctions and presents alternatives using cross-country experiences.

The report titled ‘Evaluating Spectrum Auctions in India’, while admitting that regulatory judgement on auction design is an unenviable task, recommends a relook at auction design including spectrum pricing methodologies that primarily rely on reserve prices for successful outcomes.

Dr. Rajat Kathuria, Director and Chief Executive, ICRIER said, “Reserve prices are only the starting point for discovering prices that the market will bear. They ought not to become an end in itself. Setting high reserve prices meant that about 60% of the spectrum offered in the Oc…