Archive: August 9, 2022

Angel One records robust growth across business parameters, with a client base expanding to 10.75 million

The Fintech company’s Overall Equity Market Share expanded to 22%, an increase of 78 bps MoM and 30 bps YoY

Mumbai, 9th August 2022: Fintech company Angel One Limited (formerly known as Angel Broking Limited) with its digital-first approach reported continued growth momentum in July 2022. The company’s client base grew to 10.75 million, an 88.3% YoY growth, with a gross client acquisition of 0.34 million during July 2022.

Continuing its robust growth, Angel One recorded processing 66.60 million orders, a 39.3% YoY growth. The company also recorded growth in its Average Daily Turnover, as it surged by 93.2% YoY to Rs 10.31 trillion. This led to a 30 bps YoY expansion in its Overall Equity Turnover Market Share to touch 22% in July 2022. The Average Client Funding Book stood at Rs 14.28 billion.

Taking account of the growth in July 2022, Mr. Prabhakar Tiwari, Chief Growth Officer, Angel One Ltd, said, “We are glad to share that our growth is consistent despite the ongoing volatility in capital markets. It indicates that we are on the right track, in terms of tapping the potential. We are working on making our platforms more user-friendly and personalised, and we strongly feel that we are on track to achieve our target.”

Mr. Narayan Gangadhar, Chief Executive Officer, Angel One Ltd, said, “Angel One’s month-on-month growth is an affirmation, that we are fulfilling our users’ needs with state-of-the-art technology-based products and services. Our efforts to democratise equity investments and provide access to capital markets, with focus on Tier 2, 3 and beyond cities, is facilitating this growth.”

Angel One has scaled its offerings from an app and web platform to offering Smart API, Smart Money and other third-party integrations. The fintech company is enhancing user experience with the recently-launched Super App. Available on the web and iOS, the app is built on five principles – (S.T.A.R.S) – Simplicity, Transparency, Availability, Reliability, and Swiftness.

Evo launches “The World’s First Boiled Egg, made entirely from plants.”

9th August 2022, India: EVO – an alternate protein start-up based in India & USA -has launched the world’s first ‘Plant-based Boiled Egg’- which can be grilled, fried or pickled just like a chicken egg. EVO’s mission is to disrupt the chicken egg by creating a truly better egg, made from plants, which functions and tastes like an egg without any of the downsides i.e., efficient resource use, cruelty, cholesterol & antibiotic abuse.

Founders Shraddha Bhansali and Kartik Dixit started EVO in October 2019 to create next-gen plant-based substitutes for animal products by leveraging the magic of indigenous Indian crops and cutting-edge technology. Their vision is to empower people to make better & conscious decisions without having to make any compromise.

EVO eggs are packed with 100 percent plant-based proteins which are easy to digest. The main ingredients in EVO’s boiled eggs are pea protein, rice protein and seaweed extract.

Not only do EVO eggs look, feel, and taste like boiled chicken egg whites, but they also have a similar nutritional profile. EVO’s Boiled Eggs have 8 Gms of protein per 100 Gms, with one portion having 0 mg of cholesterol. EVO is highly versatile and can be consumed directly, grated to add to your favourite dishes, marinated in seasoning, sauteed, deep fried, used as a patty for your delicious dishes or cooked like a regular egg with exactly the same texture and taste!

Shraddha Bhansali, Co-Founder of EVO, said, “How do we eliminate animals from the food chain? By creating affordable & accessible alternative protein sources that provide all the benefits of their animal counterpart without any compromise. Our EVO Boiled Eggs are just that- delicious & nutritious eggs without any of the nasties (cholesterol, antibiotics, cruelty, inefficient land use) at the price of organic eggs. A win for the customer, for the chicken and for the environment.

Kartik Dixit, CEO & Co-founder of EVO, added, “We believe that food you crave should taste delicious and provide enough nutrition. Which is why we have boarded the superior ingredients, plant cells, and processing systems to get the best quality product with appropriate shelf life. I am very glad to introduce our EVO Boiled Egg – or, like to call it, ‘the better egg.'”

EVO’s Boiled Eggs come in 2 flavour variants- Original & Peri-Peri & 2 shape variants- Cubes & Patties. – The prices of the products are in the range of organic eggs prices in India:

EVO Boiled Egg Cubes, 300 grams (equal to 6 eggs), Flavour Option- Original or Peri Peri priced at INR 250

EVO Boiled Egg Patties, 360 grams (equal to 7.5 eggs), Flavour Option- Original or Peri Peri priced at INR 300

EVO, which will launch in the USA at the end of the year, is one of the only companies in the world which has reached price parity with multiple animal egg categories across geographies. Moreover, apart from being plant-based, EVO eggs are nut-free, dairy-free, gluten-free & GMO-free, and there are no artificial colours, hydrogenated oils, or high fructose corn syrup.

The brand will launch all 4 Boiled Egg SKUs for customers in Mumbai through its website www.evofoods.in. EVO will start deliveries in Mumbai from August 2022.They will be launching Delhi followed by Bangalore and other Tier 1 & 2 cities in the coming months. EVO Foods has recently partnered with Ginkgo Bio works, a leading horizontal platform for cell programming, to develop animal-free egg proteins to create ingredients for the most realistic plant-based eggs. The brand has received PETA India’s most innovative company award for 2021.

Laneige India Launches its all-New Water Bank Blue Hyaluronic Range

New Delhi: Laneige India, the skin-loving, water-caring naturalist Korean brand, celebrated the launch of its all-new Water Bank Blue Hyaluronic Range at Syrah, Hyatt Regency, New Delhi. To announce the launch in India, Laneige hosted an exclusive evening with renowned influencers, Rishika Khera and Damini Passi who invited their guests to attend the event.

The evening saw the elite of influencers and renowned media personalities from New Delhi enjoying some fun and engaging activities such as DIY Fluid art DIY Bath Bomb Making. There was also an interactive skincare masterclass hosted by the brand experts. Apart from delectable food and exclusively customized beverages from the kitchens of Syrah, the event also witnessed fun games such as Never Have I Ever and Claw Machine filled with Laneige products. The brand also partnered with the Gelato brand, ‘Frozen Fun’ wherein the guests indulged in some lip-smacking gelatos.

The guests were given gift boxes as a token of appreciation with the brand’s newly launched range. Influencers and media had an experiential area in the form of a hydration bar, wherein the products were displayed and swatched to experience the look and feel of the same. The entire event set up was curated by the brand’s event partner, ‘The D’tale Project. Attendees also participated in the photobooth station by ‘The Snappy Booth’ and were handed out instant photographs to etch a bit of novelty in their memory!

At the launch event, Mr Paul Lee, Country Head, Amore Pacific India, said: ” India has always been a very important market for us and we are thrilled to launch the all-new Water Bank Blue Hyaluronic Range in the country. With this launch we hope to expand our footprint even further amongst the Indian audience.”

Ms. Mini Sood Banerjee, Assistant Director and Head of Marketing at Amore Pacific India said: “This is a big launch for us and the whole team is very excited. At Laneige, our aim is to give our audience the best of what we can offer. Our Indian audience has given immense love to the brand and we are so glad that they’ve made this event a success too. With this new launch of the Water Bank Blue Hyaluronic Range, we hope to offer a one stop solution to their skincare needs. This will definitely be a game changer for different skin types.” 

Along with Mr. Paul and Ms. Mini Sood Banerjee, were Meghna Sharma, Lubna Salim, Sukhmani Bedi, Nirja Dutt, Shreya Chugh and Dr. Dipti Dhillon who attended the launch.

IILM University signs MoU with IBM…

Greater Noida, August 2022: IILM University, Greater Noida, signed a Memorandum of Understanding (MoU) with IBM Innovation Centre for Education in August , 2022. The MoU was signed by Vice-Chancellor, IILM University, Dr. Taruna Gautam and Program Director, IBM Innovation Centre for Education, Mr. Vithal Madyalkar. Among those who attended the formal signing ceremony included Mr. R. Hari, IBM leader for Business Development & Academia relationships, Dr. Raveendranath Nayak, Director-IILM Graduate School of Management and Dr. Shilpy Agrawal, Head of Computer Science and Engineering Department, IILM University, Greater Noida.

Commenting over the collaboration between the two knowledge hubs, Dr. Taruna Gautam, Vice-Chancellor IILM University, Greater Noida, IILM University, said, “We are extremely excited about the new development as it aligns with our core aim to raise a race of competent professionals and make them future-ready. As part of the newly formed alliance, IBM would offer the university students much-needed applied IT knowledge, establishing a structured learning pathway. IBM’s Innovation Centre for Education Programs would impart students with information about the emerging technologies and in-demand industry domains like Cloud Computing and Virtualization, Data Sciences & Business Analytics, Graphics and Gaming Technology, Artificial Intelligence, Machine Learning, Blockchain, Cyber Security and Forensics, IT Infrastructure management, and Internet of Things.”

The students will also get a chance to enhance their skills pertaining to information technology required for operating different business domains such as Telecom informatics, Banking, Financial services and Insurance informatics, e-commerce & Retail Informatics, and Healthcare Informatics.

IBM Innovation Centre for Education offers various unique, time-tested initiatives and skills developed by IBM Trained & Certified faculty & Technology Experts. The in-depth and applied courseware powered by IBM will be exclusively available to the students at IILM University. The new progression is in line with the NEP 2020 norms, promoting the project and lab-based learning combined with Instructor-led classroom training.

The program will help students gain not only a competitive edge over others during interviews, internships as well as national and International contests, but also IBM’s globally-recognized Digital Badge, in addition to the degree offered by the University.

It’s Raining Awards @ Novotel Hyderabad Convention Centre

Hyderabad August : Novotel Hyderabad Convention Centre (NHCC) has been awarded the prestigious “Best Sunday Brunch” award by Travel & Leisure – Delicious Dining Awards and the “Best Menu R&D and Innovative Culinarians Award” at the Restaurant India Awards 2022 Hyderabad. Novotel Hyderabad Convention Centre (NHCC) is known for its world-class facilities and exceptional service standards and has been winning accolades for the same since its inception.

In the recently organized awards ceremony both by Travel + Leisure and Restaurant Association of India Hyderabad, Novotel Hyderabad Convention Centre has achieved this feat of winning two awards for The Food Exchange at NHCC. There were a total of 51 participants in the category Best Sunday brunch, Delicious Dining Awards 2022 which celebrates the best in the Indian culinary Industry. NHCC has won these rewards amongst leading restaurants, and bars in the country through an online voting system.

According to Mr. Manish Dayya, General Manager, Novotel Hyderabad Convention Centre, “We are truly delighted and honored to receive affirmation from industry experts and guests who have experienced delectable cuisines and services at our property. The award acknowledges Novotel Hyderabad Convention Centre as a world-class hotel enhancing guest experiences through an amazing range of food choices for a global audience. We foster a culture of innovation and research in every aspect of our operations and processes to give our guests a superlative experience at the property.” 

Food Exchange is a contemporary, casual & multi-cuisine restaurant serving food from the four corners of the world. The restaurant is widely known for its innovative and modern reinterpretation of popular dishes and beverages. A selection of pan-Asian, global and local cuisines. Explore fresh new flavours with Exchange Kitchens that dish out delicacies using handpicked ingredients and organic produce, cooked right in front of you.

Among the best restaurants in Hitech City, Hyderabad, Food Exchange is designed to be a Social Hub with flexible seating options. The relaxed ambiance creates an experience suitable for the family packs as well as “together alone” guests. A scenic poolside & beautifully landscaped lawns form the backdrop of the restaurant.

Taiwan Excellence to Bring Key Automation Solutions at Automation Expo 2022

Mumbai, August 2022: Automation stands for the technique that uses various technologies to build a system that works independently or with little human intervention.

The human input is reduced by embodying predeterminations, like sub-process relationships, decision criteria and related actions, in machines. The main aim of automation is to cut down human efforts and deploy machines for all sorts of tasks while enhancing efficiency and escalating progress.

Technology-led automation has seeped its way deep into most heavy industry manufacturing and factories, and it’s so embedded that more than often we fail to recognize its presence.

To celebrate the application of ‘Automation’ and present the most innovative technologies from Taiwan, for the first time, Taiwan Excellence will set up physical pavilion in “Automation Expo 2022”, which is India’s biggest and Asia’s 2nd largest exhibition for the automation industry.

Automation Expo offers a podium to showcase the latest innovations in the field of smart manufacturing, such as IIoT, robotics, etc, and provides an array of opportunities for exhibitors to display their unique machines laced with the most up-to-date technologies.

The pavilion will be set up in Hall 1, Booth I-13 from August 16 till August 19 and will showcase latest products from five iconic Taiwan Excellence brands, including Advantech, GMT Global, HIWIN, TOYO and Techman Robot. These companies will showcase some of their latest products and solutions like Cobot, Articulated Robot, Strain Wave Gear, Desktop Robot, High Rigidity Tiny Cylinder, Electric Cylinder, Two Fingers Electric Gripper, Embedded Computing System, Fanless Embedded Box PCs and All-in-One Touch Computers & Kiosks.

In addition to this, there will be a product launch session on the first day — ‘The Future of Automation is Here’. It is also expected to remain as one of the most awaited events of this year’s expo. Along with the launch of new products, the session will throw light on how Taiwan’s automation industry helps you build high efficiency, high flexibility, and high rigidity product lines in reasonable costs. The session will take place on August 16, from 3pm at NESCO Grande, Opp. Hall No. 1.

Last year, the automation expo took place virtually and Taiwan Excellence had brought five Taiwanese automation companies to the Expo Connect. This year, however, the excitement among the tech-savvy consumers is much higher as they will get a chance to visit the pavilion physically and witness some of the most amazing technologies.

Taiwan Excellence was established by the Ministry of Economic Affairs in 1993. Taiwan Excellence, as a brand, is synonymous to “Everyday Excellence”, it works towards the development of innovative products that can simplify the everyday life and chores of millions of people by offering them technology-based solutions.

Taiwan Excellence endorses the most innovative and high-quality products from Taiwan and aims to make these products accessible for the world. It is closely interlinked with international markets and partners with outstanding enterprises. Taiwan Excellence’s core aim is to put forth the competitive advantage Taiwan Excellence products have in terms of — Advanced Technology, Better Quality, Value for Money and Value of Better Quality of Life.

To obtain Taiwan Excellence quality certification, brands are subjected to a rigorous and stringent selection system covering four major aspects — R&D, Design, Quality and Marketing, along with sufficing the key criterion of being ‘Made in Taiwan’.