Apr 17, 2024 | Uncategorized
Medulance, a pioneering player in India’s emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. The funds will be used to increase its presence across the country while focusing on emergency management technology to solve problems in the execution of services en masse. This includes a further reduction in emergency call answering time and emergency services response time in more than 500 cities in India.
The funding round also saw participation from marquee investors such as Dexter Capital, Aman Gupta, and Namita Thapar. Medulance has secured the funding after running as a profitable bootstrapped company for six years.
Medulance aims to make a large-scale impact in a populous country like India where the incidence of acute life-threatening diseases is also high by reaching Tier 2 and Tier 3 cities and creating homogenous quality of services throughout. In the next 15-18 months, Medulance plans to expand to over 1000 cities in the country, prioritizing patient safety and quality of care in every region. The company also aims to establish public-private partnerships to extend its services to an additional 3-4 states in the coming years.
Commenting[1] on the announcement, Pranav Bajaj, Co-founder and CEO of Medulance, said, “A wise man once said that next to creating a life, the finest thing a man can do is save one, and I think we never want to give up on what we believe we must do. After running a profitable bootstrapped company for 6 years, Medulance has raised a Series A round of 3 million dollars. This funding marks an important milestone for Medulance. With the support of our investors, we are poised to scale our operations and further elevate the standards of emergency healthcare across India.”
Ravjot Singh Arora, Co-Founder and COO of Medulance, said, “In the last 6 years, we have grown our fleet up to 10,000 ambulances, reaching 500+ cities PAN India, and improving the dispatch time of emergency ambulances from 5 to 2 minutes. Medulance has also brought the response time in cities like Delhi from 45 minutes to 11 minutes. Through this capital, Medulance would leverage the latest technology including 5G and smart remote monitoring via its smart ambulances to create a 360-degree ecosystem by partnering with corporates, governments, and insurance companies.”
Ms. Alka Goel, Founder of Alkemi Growth Capital, said, “The infusion of capital into Medulance will enable it to expand its fleet, enhance its technology infrastructure, and improve its response times. This investment will also support the company in recruiting and training qualified medical professionals to ensure the highest standards of patient care.”
Aman Gupta, Co-Founder, Boat, said, “Investing in an emergency medical services innovator like Medulance isn’t just about capital—it’s about empowering communities, saving lives, and shaping a healthier future. Together, we’re not just funding healthcare infrastructure; we’re investing in hope, resilience, and the boundless potential of every individual.”
Ms. Anuradha Agrawal, General Partner at Dexter Ventures, said, “Having built and scaled Medulance profitably while being bootstrapped in a market filled with large players with strong footing, coupled with a strong clientele across govt bodies, corporate MNCs, etc is a strong testament of Pranav and Ravjot’s perseverance and execution skills. We are confident of the team’s capabilities to capitalize on this opportunity and become a top emergency medical services provider in the industry.”
Through its recently launched Medulance Healthcare Academy, Medulance aims to solve one of the biggest challenges of the emergency response space: quality training of the paramedic force. It seeks to expand its education vertical and improve the standards of care through a highly trained paramedic workforce.
Apr 17, 2024 | Uncategorized
Bridging the gap between technology and everyday joy, OnePlus, the global technology brand held Pawtraits 2.0 – capturing the beauty of canines and felines of Mumbai, India. This unique, photography-focused gathering enabled OnePlus users and pet lovers across the bustling metropolitan to capture beautiful, professional portraits of their powered by the 4th Gen Hasselblad Camera System for Mobile on the latest flagships – the OnePlus 12.
With over 140+ fur friends captured in professional portraits, Pawtraits 2.0 also provided a day filled with fun, camaraderie, and the shared love of pets. With multiple styles of photography and videography powered by the OnePlus 12, attendees enjoyed various activities, ensuring something for everyone and their beloved animals.
“We are incredibly proud of the success of Pawtraits 2.0. This event showcased the OnePlus 12’s exceptional camera capabilities, highlighting our commitment to creating unique experiences for our ever-growing OnePlus Community.”, said Ishita Grover, Director of Marketing at OnePlus India. “We have made immense strides with the 4th Gen Hasselblad Camera System, enabling our community to capture their beloved pets in breathtaking detail that mirrors professional photography. Each portrait tells a story, and we’re thrilled to help our users tell these stories through stunning portraits, that they will cherish forever.”
At the heart of the Pawtraits 2.0’s success was the OnePlus 12, equipped with cutting-edge camera technology designed to capture every detail and emotion of the pets with unparalleled clarity and depth. The OnePlus 12 boasts a 50MP wide-angle camera complemented by the Sony LYT-808 sensor, ensuring every whisker and wag is caught in stunning detail.
OnePlus’ latest advancements in the Hasselblad Portrait Mode have significantly elevated the photography experience, especially for capturing dynamic and expressive portraits of pets. Simulating the bokeh and flares of Hasselblad cameras equipped with XCD 30, 65, and 90V lenses, the OnePlus 12 provided an authentic depth of field, creating seamless transitions between the animal and the background, which was crucial when capturing pets in their spontaneous moments.
OnePlus is committed to continuing its tradition of community-first events, and Pawtraits 2.0 has set a new benchmark for what is possible when technology meets passion.
Apr 17, 2024 | Uncategorized
Namma Yatri, India’s leading people-first mobility app, is proud to announce the launch of cab services in Bengaluru. Addressing the prevalent issues of high commissions and lack of transparency, Namma Yatri pioneers and is dedicated to a lifetime zero-commission, direct-to-driver model. This strategic shift not only enhances driver income but also fosters improved vehicle maintenance and elevated customer experiences. Aligned with the ethos of transparency and community collaboration, Namma Yatri proudly operates within the ONDC network, offering 100% open data and open-source code. Additionally, Namma Yatri takes the lead as the first app to embrace the latest Pricing Guidelines set forth by the Karnataka Government. This commitment ensures fair pricing practices, eliminating unjustified surge pricing during peak hours for the benefit of customers and drivers alike.
Namma Yatri’s cabs, like its autos, prioritize transparency and efficiency. It offers cab services – Non-AC Mini, AC Mini, Sedan and XL Cab, catering to diverse customer needs. Non-AC Mini Cab, a unique addition, addresses frequent misunderstandings between drivers and customers regarding AC usage. It sets clear service expectations and competitive pricing for budget-conscious customers while promoting eco-friendly rides. The app will soon introduce inter-city, rentals, scheduled rides and open up across Karnataka. It will also accommodate special requests like disability-friendly rides, extra luggage, traveling with pets, and trips to public transport hubs.
Dr. Ramalinga Reddy, Minister of Transport and Muzrai, Govt. of Karnataka inaugurated the event and said, “I am proud to inaugurate this milestone event for Namma Yatri, Karnataka’s own homegrown app. Their community-centric approach and pioneering efforts in driver welfare set a commendable precedent. I applaud their commitment to innovation, transparency, and inclusivity, and wish them success with the cab service launch”.
At the launch event, Mr. Shaik Salauddin, Elected National General Secretary, The Indian Federation Of App Based Transport Workers (IFAT), said, “We congratulate Namma Yatri for developing a direct-to-driver, open mobility platform to empower our community and offer fair pay and mutual respect. It will amplify welfare schemes for gig and platform workers”. The cab drivers present during the event pledged to deliver “Sakkath Service” for excellence in customer service.
Mr. Magizhan Selvan, Chief Executive Officer at Namma Yatri, emphasized, “Namma Yatri isn’t merely an app; it represents a transformative approach to addressing mobility challenges on a large scale. We are dedicated to empowering drivers through cutting-edge technology at an optimal cost, fostering satisfaction among both drivers and commuters. We have received strong support from the cab driver community. Our driver wellness programs, initiatives for safety and sakkath-service are adapted for the cab driver community. Ensuring driver satisfaction translates directly into providing the best service to valued customers.”
Namma Yatri already has 25,000 cab drivers and aims to onboard over 1 lakh drivers in the next six months. With its innovative product features and community-led approach, Namma Yatri commits to fast pickups, low cancellations, affordable prices, and reliable service. Namma Yatri’s foray into cabs highlights its commitment to revolutionizing urban mobility in Bengaluru through technology and people-first approach. As the platform continues to grow, it remains focused on fostering a sustainable and inclusive transportation ecosystem that benefits all stakeholders.
Apr 17, 2024 | Uncategorized
CIFDAQ – The Evolution of Innovative Blockchain Ecosystem powered by AI, is a new-age fintech company that offers integrated solutions spanning the blockchain layer 1, native coin, exchange services, MPC Wallet, DeFi, NFT, gaming, and other products. It is proud to announce the launch of its India operations.
CIFDAQ’s innovative solutions bridge the gap between traditional frameworks and blockchain technology, empowering businesses to thrive in a rapidly evolving Web 3.0 landscape, ensuring a balance between centralized government, decentralized economy, and users’ interests, CIFDAQ prioritizes transparency, security, scalability, and synergy with centralized economies.
CIFDAQ Blockchain Ecosystem Ind Limited is now officially registered in India and headquartered in Mumbai, with additional offices strategically located in Delhi, Bengaluru, and Kolkata. Its debut in the Indian market represents its commitment to advancing the blockchain landscape.
Speaking on the occasion, Mr. Himanshu Maradiya, Founder & Chairman of CIFDAQ, expressed his enthusiasm for CIFDAQ’s entry into India, stating: “We are thrilled to embark on this new chapter of CIFDAQ’s journey as we set foot in the vibrant and dynamic Indian market. Our innovative solutions are poised to address the unique challenges and opportunities present in India’s blockchain and digital finance ecosystem. We aim to empower businesses and individuals with enhanced security and efficiency, driving growth and innovation across various sectors.”
Reflecting on CIFDAQ’s India launch, Rahul Maradiya, Co-Founder and Global CEO, CIFDAQ commented, ” We envision CIFDAQ as a catalyst for change, empowering businesses and individuals with cutting-edge solutions that enhance security, efficiency, and accessibility in the digital finance space. Our goal is to revolutionize the blockchain ecosystem and unlock its full potential, paving the way for a more inclusive and prosperous future.”
From the age of 20 Rahul has contributed to conceptualizing CIFDAQ alongside his father, Mr. Himanshu Maradiya. He has been regularly featured among the Web 3.0 and blockchain global community as one of the key young entrepreneurs in the space.
Apr 17, 2024 | Uncategorized
Wardwizard Innovations & Mobility Limited, one of the leading manufacturers of electric vehicles under the brands ‘Joy e-bike’ and ‘Joy e-rik’ dispatched 3,801 units of electric two-wheelers and 16 three-wheelers in March 2024. This marked a 1.5% growth compared to March 2023, when the company had sold 3,744 units of two-wheelers. The company also recorded a significant growth of 88% as compared to February when it sold 2,018 units.
Led by strong demand for its EV products and the rapid expansion of distributor showrooms nationwide, the company sold over 26,000 units (26,996) of electric vehicles, including two-wheelers and three-wheelers, in the fiscal year (April’23- March’24). Throughout the year, the company inaugurated more than 150 distributor showrooms and intends to further expand its distribution network in FY25, aiming to make EVs accessible to everyone.
Mr. Yatin Gupte, Chairman and Managing Director of Wardwizard Innovations & Mobility Limited, said, “We thank our customers for their growing trust on us, enabling us to lead the e-mobility transition from the forefront. Being an emerging player in the ever-evolving transportation landscape, we prioritize delivering cutting-edge technology and quality products that empower our customers. In FY2024, we have achieved significant progress and reached some key milestones, including selling of 1 lakh electric two-wheelers. We showcased a ground-breaking hydrogen-powered e-scooter prototype at the Bharat Mobility event, expanding our horizons. Our strategic expansions both domestically and internationally, with a new assembly line in Deoghar, Jharkhand, and an MoU with the BEEAH Group for a plant in Sharjah, further strengthened our presence. The launch of our versatile Joy e-rik three-wheeler diversified our product portfolio. The surge in sales growth reflects our customers’ trust. Building on this momentum, FY2025 promises even greater innovation with aggressive R&D investments in next-generation technologies, fuelling a more diverse product portfolio and solidifying our leadership in the market.”
Highlights of the Financial Year (April’23 – March’24)
| Sales Milestone |
– ‘Joy e-bike’ rolled out its 100,000th unit of electric two wheeler from its state-of-the-art manufacturing plant in Vadodara. |
| New Assembly Line Facility |
– Wardwizard inaugurated its new assembly line facility for electric two-wheelers in Deoghar, Jharkhand to cater the rising demand. |
| Commencement of Deliveries of MIHOS |
– Commenced the deliveries of electric two-wheeler MIHOS and electric three- wheeler Joy e-rik from 19th April 2023, in the phased manner across Gujarat and Maharashtra. |
| Unveil of hydrogen powered electric Scooter |
– ‘Joy e-bike,’ unveiled the concept of its first hydrogen-powered electric two-wheeler at the maiden Bharat Mobility Global Expo 2024 |
| Vibrant Gujarat Global Expo 2024 |
– Wardwizard Innovations & Mobility Ltd unveiled 6 concept electric vehicles at Vibrant Gujarat Global Expo 2024 |
| New Distribution Channel / Network Expansion |
– The Company on the move to establish 150 ‘Distributor Showrooms’ at the district level in order to cement its relationships with Taluka-level Dealers. Further, these showrooms will ensure efficient supply chain management for the distributors and dealers, and increase the ease of getting vehicles along with providing services to customers.
– – The company Strengthens Distribution Network Inaugurates 150+ Distributor Showrooms till February 2024 |
| MoU of Rs 2000 cr. with Gujarat Govt to develop EV Ancillary Cluster in Gujarat |
– Wardwizard Innovations has signed a Memorandum of Understanding (MOU) with the Government of Gujarat to invest Rs. 2,000 crores in the development of an Electric Vehicle Ancillary Cluster by 2024.
– This agreement is geared towards fostering the growth of the electric vehicle industry and aligning with the government’s vision of enhancing green mobility within the state. |
| Joy e-bike Collaborates with A&S Power |
– The brand took a significant step towards establishing its EV Ancillary Cluster by signing a long-term Original Equipment Manufacturer (OEM) agreement with A&S Power, a renowned technology provider. This partnership focuses on advancing Next-Generation Li-ion cell technology, contributing to the creation of India’s first EV Ancillary Cluster in Gujarat. |
| Global Partnerships for Electric Vehicle Manufacturing |
– Wardwizard Innovations signs MoU with US-based Triton EV. Under the five-year proposed strategic alliance, Triton EV has selected WMIL as its manufacturing partner for battery-operated trucks for India and the UAE
– Additionally, Wardwizard will expand its manufacturing capabilities to produce two and three-wheelers for Triton EV.
– Wardwizard Innovations & Mobility Limited and BEEAH Group – Sharjah -UAE, signed a Strategic Collaboration to manufacture electric vehicles and promote sustainable environmental practices in GCC countries and African nations. As a part of this strategic alliance, WIML and BEEAH Group will conduct technical and commercial feasibility studies for the production of two-wheelers, three-wheelers, and battery-operated trucks, both small and large, in the UAE. |
| EV Centre of Excellence |
– Signed a Memorandum of Understanding (MoU) with the Dogra Regiment and established the Wardwizard’s EV Centre of Excellence at Dogra Regimental Centre, Ayodhya Cantt in Faizabad, Uttar Pradesh. This initiative aims to facilitate skill development and create employment opportunities in the EV industry for ‘Agniveers’ and retired army personnel by providing training in various segments of this industry. |
| Partnership With Gramin Sevikas & UNDP |
– ‘Joy e-bike’ partnered with Gramin Sevikas, the Jharkhand Government, Airport Authority of India, and UNDP for the “Resilience Building of Communities around Birsa Munda Airport, Ranchi” project. They handed over 200 Wolf low-speed electric scooters to Gramin Sevikas today in the presence of Shri Sanjay Seth, Member of Parliament, Ranchi, to empower these communities. |
| Marketing & Branding |
– On boarded the famous Bollywood duo, Saif Ali Khan and Kareena Kapoor Khan as its brand ambassadors.
– ‘Joy e-bike’ proudly sponsors the India Tour of Ireland 2023, now known as the ‘Joy e-bike Cup.’ They will also showcase their ‘Made in India’ electric two-wheeler, ‘Mihos,’ at the Malahide Cricket Club Ground in Dublin.
– A collaboration between Joy E-Bike and prominent media houses like Aaj Tak, India Today, and TV9 Bharatvarsh ensured efficient on-ground reporting during the elections. Chitra Tripathi, a prominent news anchor on Aaj Tak, utilized MIHOS, highlighting its performance and agility while navigating busy election scenes.
– Joy E-Bike partnered with The Global Business Summit 2024 as the official EV partner. |
Apr 17, 2024 | Uncategorized
In a groundbreaking move towards democratizing access to mental well-being resources, Idanim, India’s premier meditation app, announces that it is now entirely free for all users. With a commitment to fostering mindfulness and inner peace across diverse communities, Idanim is proud to offer LIVE and guided meditations in both Hindi and English, completely free.
This bold decision underscores Idanim’s core mission of making meditation an accessible and integral part of everyone’s life. By removing financial barriers, Idanim aims to empower individuals from all walks of life to embark on their journey towards inner tranquility and holistic well-being.
The latest update grants all users access to previously premium features, including daily live meditations, personalized guidance from teachers, offline downloads, and much more. With these enhancements, Idanim reaffirms its commitment to providing a comprehensive meditation experience that caters to both meditation beginners & seasoned practitioners. This update comes as a huge delight to its growing user base.
“This marks a new chapter for Idanim,” says Raman Mittal, Co-founder of Idanim. “The decision to make Idanim completely free stems from the very core of why we created Idanim in the first place. We believe that with this change, we will be able to help many more people initiate and deepen their meditation practice and become more mindful, peaceful, and joyful.”
Idanim invites everyone to join the meditation revolution and experience the profound impact of meditation in their daily lives. With a renewed focus on accessibility and inclusivity, Idanim is committed to supporting individuals in their pursuit of mental and emotional resilience.
