Partnership to fulfil skilling requirements of 8-10 lakhs aspirants in the next 5 years Avanse Financial Services, India’s new age, technologically advanced education-focused NBFC, partnered with the National Skill Development Corporation (NSDC) to provide easy, fast, and affordable financing solutions for the youth of the country interested in fulfilling their skilling requirements. This collaboration is a progressive step towards catering to the growing need for a skilled workforce in the country across various sectors by assisting the aspirants in acquiring … Continue reading “Avanse Financial Services partners with National Skill Development Corporation to enable financial solutions for skill development for the youth”

·                Was at 175 touchpoints in December 2021  ·                19% rise in touchpoints, with 205+ outlets in June 2022  ·                Early achievement sees company revise target to 250 touchpoints for EOY 2022  The first half of 2022 has been a product onslaught for ŠKODA AUTO India with the new KODIAQ, the all-new SLAVIA and the new KUSHAQ Monte Carlo. While the product offensive brought about one phase of INDIA 2.0, another phase of the Project, improving customer satisfaction, has also … Continue reading “ŠKODA AUTO CROSSES 205+ CUSTOMER TOUCHPOINTS PAN INDIA”

·         March 2022 saw MSME credit demand from non-metros going back to pre-COVID levels whereas metros are still lagging ·         46% MSMEs across India needed financial support to mitigate the immediate impact of COVID-19 ·         MSMEs were better prepared in the second wave of the pandemic with only 30% requiring support in Wave 2 vs Wave 1 ·         75% of MSME borrowers who upgraded their pre-pandemic loans opted for a higher principal loan amount ·         MSMEs credit demand in Bengaluru and Chennai has exceeded pre-pandemic … Continue reading “MSMEs credit demand in Bengaluru has exceeded pre-pandemic levels, indicates NeoGrowth MSME Insight Report 2022”

Integration with the leading video marketplace enables Magnifi to expand its global footprint and offer innovative video technology solutions to a larger audience Magnifi (previously known as Toch AI) today announced its integration with the leading online video platform Brightcove Inc. (Nasdaq: BCOV). With distinct products revolutionizing how content is refined and consumed, Magnifi expands its global footprint and strengthens its industry position through the Brightcove Marketplace. “We are delighted to be listed on the Brightcove Marketplace, which gives us the ability to deliver more … Continue reading “Magnifi Joins the Brightcove Marketplace”

Clix to disburse an additional INR1000 crore in FY23 Both the companies will build products specifically catering to MSMEs Clix Group (Clix Capital and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new age solutions for lending to MSMEs in India. Under this partnership Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year. … Continue reading “Clix Group enters into Strategic Partnership with MSME Lending Platform Tezzract; to lend INR1000 crore”

Opens new markets for Cygnet Infotech in global e-Invoicing solutions across 40 countries Cygnet Infotech, a leading technology organization, is now registered as India’s first OpenPeppol member, which is an organization that provides services for e-procurement solutions to standardize formats and exchange the necessary documents between businesses in the most secure manner. OpenPeppol has members in 40 countries, 32 of these are European countries, and the rest include Australia, Canada, China, Japan, Mexico, New Zealand, Singapore, USA and India. Industries … Continue reading “Cygnet Infotech becomes India’s first OpenPeppol member”

Giottus announces the launch of Optimism (OP) token on its platform OP is a layer 2 scaling solution of Ethereum that competes with Polygon (MATIC) Giottus, top-rated crypto asset platform, has launched trade of Optimism (OP) token, becoming the first Indian exchange to do so. OP/INR pair is currently live for trade in Giottus while deposits and withdrawals of the token will be enabled in the upcoming days. Layer-2 scaling solution Optimism aims to be a low-cost and fast processing … Continue reading “Giottus becomes the first Indian Crypto platform to list Optimism (OP)”

May 26, 2022: Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today announced its results outperforming the industry recording a 25% growth in WNBP, to Rs. 730 crore in FY22 from Rs. 582 crores in FY21, outperforming the overall and private industry growth which stood at 16% and 22% respectively. In Q4 FY22, the company witnessed a 14% growth in WNBP, compared to … Continue reading “BHARTI AXA LIFE INSURANCE POSTS 25% GROWTH IN WEIGHTED NEW BUSINESS PREMIUM (WNBP) TO RS. 730 CRORE FOR THE YEAR ENDED MARCH 31, 2022“