Ambit signs Indian Chess Grandmaster Vidit Gujrathi as Brand Ambassador

Ambit is delighted to announce Indian Grandmaster (GM) Vidit Gujrathi as its brand ambassador. This partnership signifies a significant milestone in Ambit’s commitment to excellence and its dedication to fostering strategic alliances in the world of Chess, to help develop the game.

Vidit Gujrathi, a prominent figure in the world of Chess, brings a wealth of expertise and a sterling reputation to brand Ambit as one of the youngest GMs of India. With an illustrious career marked by numerous titles and accomplishments, Vidit embodies excellence, accountability and integrity that align perfectly with some of Ambit’s values.

Ashok Wadhwa, Group CEO, Ambit commented on the announcement, “Our passion for Chess runs deep. We believe that it is not just a game, but a profound art form that epitomizes intellect, strategy, and acumen. We are delighted to welcome Vidit to the Ambit family. His dedication to Chess and the ability to think strategically align perfectly with our business values. Having Vidit as a brand ambassador not only adds a new dimension to our marketing efforts, but also reflects our dedication to supporting and celebrating achievements in the world of Chess”.

Vidit expressed his enthusiasm about this partnership, stating, “I am truly excited to collaborate with Ambit, a brand known for its unwavering commitment to strategic thinking and excellence. Chess and business share common ground in the pursuit of strategy, and I believe this partnership will be a win-win. I look forward to representing Ambit and contributing to its continued success”.

About Ambit Group: 

Ambit is one of India’s premier providers of financial advice and capital, known for its business acumen. Ambit comprises Investment Banking (Corporate Finance & Equity Capital Markets), Asset Management, Institutional Equities (Research, Sales & Sales Trading), and a Non-Banking Finance Company (SME Lending). We are focused on delivering tailor-made financial solutions suitable to our client’s needs. These are based on our deep understanding of the Indian economy and market forces, unmatched research, and client-focused approach. Ambit is headquartered in Mumbai, with offices in key cities in India, Singapore, and New York.

 

AGRI FINTECH KIVI CLOSES SEED ROUND, POSITIONS TO SERVE THE FARMGATE ECOSYSTEM WITH CREDIT, COMMERCE AND DISTRIBUTION

Agri-fintech startup KiVi, operated by Agrosperity Tech Solutions Private Limited, announces the conclusion of its seed round of Rs 15 crore led by Caspian Leap for Agriculture Fund, Piper Serica Angel Fund, YAN Angel Fund, Impact Innovators and Entrepreneurs Foundation, among others. KiVi is incubated at IIT Madras Research Park and stands for kisan vikas – farmer development.

Sharing details about the seed round and the way forward, Mr. Joby C O, Founder & CEO said, “We are excited to welcome our first institutional investors who share KiVi’s vision to make agriculture a livelihood of choice by enabling credit, commerce and distribution to the farmgate ecosystem.”

Apart from Mr. Joby, who is a veteran in rural leading, KiVi’s founding team includes Padmakumar K, Rajendra Kumar, Salil Nair and Manoj Ramaswamy who bring rich execution experience in rural lending, agri commerce, rural technologies and fund raise.

The farmgate ecosystem comprises farmer households and agri entrepreneurs such as input retailers, output aggregators, farmer producer organizations and equipment renters. While the farmgate ecosystem presents a large market opportunity for credit and commerce, it has been under-served by the formal markets due to lack of solutions that address the unique characteristics of the stakeholders. Seasonal cash flows, absence of formal income proof and land ownership proof, fragmented landholding, inability of traditional lenders to build a cost-effective delivery model and participate in the adjacent commerce opportunities and are the key gaps that KiVi is addressing.

Joby further added, “KiVi enables timely, affordable and scale-based credit as well as commerce from the farmgate to the processor. We accomplish this by leveraging our technology and last mile transaction capability. Our technology platform assembles and integrates the latest technologies in identification, validation, consent, evaluation and monitoring to provide a seamless experience to all stakeholders. Our last mile capability provides the customer relationship interface that is critical to serve the agri and rural customer base.”

KiVi has seen early validation of its offerings with 80% of customers enjoying agri-specific loan for the first time, 60% experiencing an increase in their income and a net promoter score of 77. Further, KiVi has partnered with leading lending institutions.

KiVi is operational in Tamil Nadu and Bihar and has till date enabled 1,500+ farmers to access credit, launched MSME loan offerings to agri entrepreneurs and enabled commerce and trade finance in commodities including wheat, paddy & maize.

“We are excited about our investment in KiVi. The agri fintech space is ripe for innovation and disruption, though having many challenges, including the perceived risk with agri credit. We believe that KiVi, led by Joby, has the right blend of people with rich experience of rural financial services and agriculture to make this happen,” said Emmanuel Murray, Investment Director at Caspian Leap for Agriculture Fund.

“KiVi is cultivating a vital solution for the farmgate ecosystem bridging the gap between borrowers and lenders. We are excited to support a company with a visionary management team and their commitment to addressing one of the most critical challenges for the future of agriculture and rural economies,” said Abhay Agarwal, Principal at Piper Serica Angel Fund.

“The investment will help KiVi to build a robust technology platform for scale-up, increase the last-mile presence across many districts, strengthen the product and risk capabilities and obtain an NBFC license.” Joby concluded.

Eye-Q Conducted More than 2.53 Lakh Free Eye Check examination across India in a Year

Eye-Q, the leading hospital eye care chain, has successfully conducted over 253,000 free eye check-ups across India in a year. These assessments were made possible through a range of initiatives, such as free camps, outreach camps, government schemes and door-to-door campaigns.

In a significant stride towards reducing the burden of blindness in India, Eye-Q since its inception has even conducted numerous free surgeries, providing essential support including transportation and medicine.

“India bears the highest burden of blindness worldwide, where timely surgeries and eyeglasses could potentially salvage half of these cases. It stands as our moral responsibility as an eye care chain to avert avoidable blindness and visual impairment. On World Sight Day, all senior executives of Eye-Q came together and pledged to go above and beyond to combat preventable blindness and visual impairment cases, making a meaningful difference in the lives of countless individuals across India said Dr Ajay Sharma, Founder and CMD, Eye-Q hospitals

As part of its World Sight Day celebration, Eye-Q even launched its #See_clearly, Work happily campaign, aligning perfectly with the World Sight Day 2023 theme: “Love your eyes at work.” The campaign took place on October 12th across all Eye-Q hospital chains, reaching out to numerous individuals with the overarching goal of highlighting the vital role vision health plays in overall well-being in a professional setting.

Commenting on the success of the campaign Dr Deependra V Singh, Regional Medical Director of Eye-Q stated, “Through this campaign, we endeavored to shed light on the paramount importance of eye care in the professional setting. In today’s digital age, where screens dominate our workspaces, prioritizing vision health is pivotal. The event was incredibly productive, fostering awareness and equipping individuals with simple eye excersises to safeguard their vision. We firmly believe that every professional deserves the gift of clear vision, and we will continue to work tirelessly to ensure this becomes a reality for all.”

Under the #See clearly Work happily campaign, Eye-Q’s hospital chain set up a special snack station featuring informative placards detailing the benefits of snacks like carrots, sweet potato chaat, and Amla candies, known for their positive impact on eye health. During every working hour, Eye-Q’s dedicated eye care specialists, including optometrists, doctors, and counsellors, conducted informative eye care sessions with patients lasting 5-10 minutes. The campaign extended to Eye-Q’s employees, encouraging healthy screen habits, promoting regular breaks to reduce eye strain, and offering invigorating eye yoga sessions.. Alongside these efforts, Eye-Q hosted live-streaming sessions featuring expert eye care professionals who demonstrated eye exercises to relieve strain, improve circulation, and relax eye muscles, providing valuable tips and techniques for maintaining healthy eyes in daily routines.

 

 

Paytm Insider Launches “Join The Jalsa” to Celebrate the Ultimate Navratri Festival across India

It’s that time of the year when the festive spirit is in the air and the country is waiting with bated breath to welcome Navratri. The festival is celebrated with much enthusiasm, complete with rhythmic dancing to dhols as well as delectable cuisine spanning nine nights. And to celebrate this essence of Navratri, India’s leading entertainment platform, Paytm Insider is bringing forth ‘Join The Jalsa’ – a curation of some of the biggest events for you to immerse in this festive season this October.

After last year’s mega response, the platform has expanded its offerings across multiple venues and cities by bringing forth 2x more Navratri events this year as compared to 2022. It has curated a line-up of immersive live events and experiences in Mumbai, Pune, Bengaluru, Lucknow, Ahmedabad and Surat for its Navratri campaign. The festival revellers are expected to attend in large numbers, especially in Mumbai & Ahmedabad which are seeing the highest traction in terms of ticket sales.

Mumbai gears up for an epic Navratri season with some of the biggest artists ‘Joining The Jalsa’. Parthiv Gohil at NESCO Center, Goregaon, and Aishwarya Majmudar in Borivali’s Rangtaali promise electrifying nights. The Great Indian Dandiya Festival at Jio World Garden boasts of Divya Kumar (of ‘Kamariya’ fame from the movie ‘Stree’), Shruti Pathak, and Ameya Dabli. You don’t want to miss out on Borivali’s Navrang Navratri with Nilesh Thakkar either!\

Ahmedabad is going to witness Colors Gujarati RangRatri, which will be the only on-air and on-ground Navratri event to happen at the Tathastu Party Plot, Sardar Patel Ring Road that spans across 1 lakh square feet. For an authentic experience of raas-leela, people can join Vrundavan Raas Leela at Iscon Palmsprings.

Surat will be dancing to the tunes of Adityadan Gadhavi, Keerti Sagathia, Priyanka Vaidya, Maulik Baladhiya and Urvashi Patel when they take the stage at G9 Navratri.  In LucknowRang-E-Dandiya will be the go to place to celebrate Navratri. Rajasthan’s most awaited and biggest event Dandiya Maharaas & Dussehra Mohotsav 2023 will be happening in Jaipur at Janki Paradise Garden.

Paytm Insider’s Business Head, Varun Khare expressed, “Navratri goes way beyond dance and worship. It’s a showcase of India’s rich diversity, with unique traditions, music, and mouthwatering cuisine in every region. Most importantly, it’s about getting together and having a blast. We’re excited to double down our own offerings as compared to last year and bring you a lineup of the country’s biggest events through our campaign, Join The Jalsa.”

Paytm Insider offers Navratri discounts on select celebrations happening across the country. Get your tickets on Paytm Insider now and ‘Join The Jalsa’, where India dances to Navratri’s rhythm!

About Paytm Insider

Paytm Insider is one of India’s leading live entertainment and digital experience platforms. It helps the audience discover and find tickets to exciting live and online events. The company has welcomed fans to over 150K events across the country and sold over 23 million tickets to some of the most exciting and unforgettable experiences.

 

ASUS Encourages Responsible E-Waste Disposal Through #DiscardResponsibly Initiative for Indian Consumers

Charging towards a more sustainable and green future, ASUS India – A Taiwanese technology giant, to mark the occasion of International E-Waste Day, announced the #DiscardResponsibly campaign aimed at promoting responsible e-waste disposal. The campaign themed around “You can recycle anything with a plug, battery, or cable!” underscores the importance of driving awareness amongst end users about the repercussions of improper electronic waste disposal while also empowering individuals to discard their e-waste in a more accountable manner.

According to the United Nations, 8 kg of e-waste per person will be produced worldwide in 2023 which means a total of 61.3 million tonnes of electronic waste will make headway in the landfills within a year. Attempting to reduce this waste, ASUS India is running an awareness drive to inform citizens while also facilitating a home-collection drive across the country.

Commenting on launching the #DiscardResponsibly-2023 campaign, Eric Ou, Country Head of ASUS India, shared, “ASUS globally has been a harbinger of change, be it via the technology solutions that we have brought closer to our customers or by undertaking the challenge and aligning efforts to curb and reduce the growing e-waste in the world.  ASUS believes the staggering need for inculcating sustainable practices and contributing towards setting up a more prevalent circular e-waste economy. By 2025, we aim to achieve a global recycling rate of 20% for ASUS products and this will only be feasible if we are supported by our customers who have trusted us day in and day out. Seeking their support and furthering our vision of ‘my responsibility, discard responsibly,’ we at ASUS India are elated to announce the #DiscardResponsibly-2023 campaign.”

“The campaign is also aimed at creating conversation and driving awareness on how anything with a plug, battery and cable needs to be discarded and used cautiously to ensure maximum life. We are certain that this initiative will compel ASUS users to support us in building India’s e-waste circular economy, thus striving for a greener and more sustainable future for our planet”.  added Eric Ou.

How can people request for home collection drive:

ASUS India has set up a toll-free helpline number (1800 2090 365) and portal, visit https://asus.in/discardresponsibly/, where consumers can attain information about how they can dispose of e-waste and schedule pick-up slots for collection. ASUS representatives will promptly collect the e-waste from the specified location.

The company will also drive an on-ground awareness campaign at over 40 ASUS stores. The employees at the store will detail the steps that will help customers reduce e-waste while also taking cognizance of how they can contribute to the initiative. People buying laptops from the ASUS stores will also be presented with a jute bag and a plant as a pledge to reduce waste.

ASUS India has been striving towards reducing the e-waste generated by opting for incorporating post-industrial recycled waste in its products. The recently launched ASUS Zenbook S 13 OLED laptop is one of the most environmentally conscious devices available in the Indian market. This product embraces recycled materials in its chassis, employing a high percentage of post-industrial-recycled (PIR) aluminum and magnesium-aluminum alloy in its metal parts. The company also became the first to introduce the ASUS Select Store which displays a range of refurbished laptops that are at par with brand new products.

 Link to the campaign – https://www.asus.com/in/content/discard-responsibly/

About ASUS

ASUS is a multinational company known for the world’s best motherboards, PCs, monitors, graphics cards, and routers. Along with an expanding range of superior gaming, content-creation, and AIoT solutions, ASUS leads the industry through cutting-edge design and innovations made to create the most ubiquitous, intelligent, heartfelt, and joyful smart life for everyone. With a global workforce that includes more than 5,000 R&D professionals, ASUS is driven to become the world’s most admired innovative leading technology enterprise. Inspired by In Search of Incredible brand spirit, ASUS won more than 11 awards every day in 2019 and ranks as one of Forbes’ World’s Best Regarded Companies and Fortune’s World’s Most Admired Companies.

 

Wacoal India Partners with CPAA for Breast Cancer Awareness in the 2nd Edition of #WacoalKnowsBreast Initiative

Wacoal India, the premium lingerie brand from Japan, is proud to announce its continued commitment to breast cancer awareness through its #WacoalKnowsBreast initiative in collaboration with the Cancer Patients Aid Association (CPAA), a renowned non-profit organization that champions cancer awareness and supports patients through its distinctive philosophy of ‘Total Management of Cancer’. In the brand’s second collaborative effort with CPAA in 2023, Wacoal India reiterates its unwavering dedication to this vital cause and vows to maintain this partnership in the years ahead.

 

As part of this collaboration, for every bra purchased either on Wacoal India’s online platform or at its physical stores nationwide during this campaign, the brand will contribute ₹10 to support CPAA’s admirable mission. Additionally, to symbolize their commitment to this cause, Wacoal India has introduced the 3-finger salute, a symbolic gesture where one places their right hand on their left chest and forms the number 3 with their fingers. This gesture represents the 3-finger self-test that individuals can perform to check their breasts for lumps and also embodies the alphabet ‘W’ for Wacoal.

 

Ms. Pooja Merani, COO-Wacoal India, expressed her thoughts on the initiative, stating, “At Wacoal, we are committed to making a significant difference in every woman’s life through meaningful initiatives. With breast cancer awareness being critical not only in India but globally, we are proud to associate with the CPAA, a notable organization that shares our dedication to creating a considerable impact in this area. I sincerely hope that our sustained efforts and support will reach all those women in need and benefit them.”

 

Ms. Alka Bisen, CEO of the Cancer Patients Aid Association shares her perspective on the collaboration with the esteemed brand Wacoal: “In India, breast cancer is unfortunately prevalent, but the good news is that it is treatable and often curable when detected early. At CPAA, our mission revolves around not only creating awareness but also ensuring timely detection and providing support for cancer treatment. Partnering with Wacoal for their commitment to this crucial cause brings us great joy, and we eagerly anticipate further meaningful collaborations.

 

Every year, the month of October is dedicated to Breast Cancer Awareness, and Wacoal India’s partnership with CPAA under the #WacoalKnowsBreast initiative aims to continue driving awareness, early detection, and support for breast cancer patients in India. Additionally, to foster awareness, Wacoal India will distribute pink bands with every in-store purchase, symbolizing Pink October and spreading the message of breast cancer awareness far and wide.

The primary goal of this initiative is to ignite a wave of awareness and proactive action to combat breast cancer, ultimately leading to a brighter and healthier future for women across India.

 

About Wacoal India:

Wacoal India is a leading lingerie brand known for its commitment to empowering women through innovative and comfortable intimate wear. Wacoal was founded in 1946 in Japan. Embracing its philosophy to help women throughout the world to express their beauty, Wacoal began to launch its brand in Asian countries in the 1970s, in America in 1985, in Europe in 1990 and eventually opened doors of its first store in India (Grand Galleria, Palladium, Mumbai) in December 2015. Wacoal as a brand focuses on the woman of today, the many aspects of her personality and the various roles she plays in curating her rounded, fulfilling life, and how lingerie has been designed to seamlessly flow with her, through her days and tasks. The brand essentially focuses on delivering beautiful, high-quality lingerie that fits just right. They believe strongly in the importance of good fit and have an in-house trained group of consultants to take accurate measurements and assist customers in choosing the style that will work best for their body types and lifestyles.

About CPAA:

The Cancer Patients Aid Association (CPAA) is a non-profit organization dedicated to addressing cancer through its unique philosophy of ‘Total Management of Cancer.’ CPAA works tirelessly to raise awareness, support patients, and enhance the quality of life for individuals affected by cancer.