Archive: August 25, 2022

ET Money’s India Investor Personality Report 2022 decodes investors minds

New Delhi, 25th August 2022: ET Money, one of India’s largest Mutual Funds apps & fastest growing Investment Advisory Platform, recently released an exclusive report titled “India Investment Personality Report 2022” that looks into the minds of lakhs of investors. The insights have been drawn from their unique feature of Investor Personality assessment that assesses investors’ on four key parameters of risk tolerance, loss aversion, financial mastery, and overconfidence levels and draws a map of their unique investor psyche.

The assessment gives investors 8 unique Investor Personality tags that are closest to the type of investor they are. The report reveals that the majority of Indian investors are Strategizers (35%) – a type of investors who are action takers willing to take calculated risks. This is followed by Explorers (31%) – investors who are smart and, at times, overconfident risk takers.

The other investor personality types – Protector, Analyzer, Seeker, Adventurer, Researcher, and Observer- constitute the country’s remaining 34% of investors.

As per the report, Indians have an average risk tolerance range between 52 and 81 which means they are comfortable taking a decent amount of risk when it comes to investing. While high-risk tolerance can deliver good outcomes over the long term, the report also shows that investors with low-risk tolerance are also investing heavily in equities, indicating risk-taking capacity is being ignored. The report further indicates that the majority of Indians have low comfort levels with respect to incurring losses. Yet they are taking high risks, which is bound to make them uncomfortable during market volatility.

Interestingly, as per the report, Indian investors with high financial mastery are making strategic lumpsum investments along with their ongoing SIPs as opposed to investors with lower financial mastery who are sticking to only SIPs. Further on the positive side, women investors are seen to be more organized and well-planned, which is evident with them having a higher share in personality types of Strategizers and Researchers compared to men.

Commenting on the release of this exclusive report, Mukesh Kalra, Founder and CEO of ET Money, said, “Your investment biases impact how your money grows. And being aware of these biases can help you make smarter investing decisions. The ‘ET Money India Investment Personality Report 2022’ helps us look at the real-time situation, i.e. Indian investors are blindly chasing returns without considering their risk tolerance. Making better decisions starts with decluttering your thoughts and seeing what is driving your investment decisions. That is one major reason why ET Money Genius, our flagship offering, first understands users’ personality type and then recommends portfolios which are in-line with their risk tolerance levels. The report shows that investing decisions among Indians are driven by high returns and market rush, and there is a need to counteract this widespread behavior. ET Money Genius, a membership service, in this case, can assist investors in understanding their investment objectives and build portfolios that are highly optimized”.

nurture.farm launches its Incubation Program ‘Catalyst’ for startups in the Agri-tech space

Mumbai | 25 August 2022: The Ag-tech industry has grown leaps and bounds in a short period, with several startups venturing into the space. However, they require guidance, mentorship, and access to resources to build a viable business. Against this backdrop, nurture.farm, India’s largest and leading ag-tech company is on a quest to build a resilient and sustainable farming ecosystem through tech-led solutions, and has launched its incubation program – Catalyst – to help agri-tech startups sustain themselves and expand further.

nurture.farm Catalyst will help agri-tech startups collaborate with key stakeholders across the agricultural ecosystem, gain capital for sustenance, test their products or solutions at scale, and gain access to infrastructural, knowledge and human resources. The program will offer its incubatees a wide spectrum of support to enable them and accelerate their growth journey. This incubation program focuses on nurturing the growth stage, pre-revenue, seed-funded, or angel-funded startups. It intends to support, collaborate and champion these startups as they break new grounds.

By partnering with nurture.farm, the startups can benefit from its experience, tap into their rural network, leverage industry connections, and the goodwill the company has garnered over time.

Dhruv Sawhney, Business Head & COO of nurture.farm, said, “Agricultural productivity is at an all-time low. Food security is at risk, with an ever-growing population set to reach 10 billion by 2050. In addition, pests, diseases, and natural calamities destroy more than 40% of annual production, thus resulting in an annual loss of over USD 108 billion due to damaged or lost crops.

nurture.farm has built digital highways to connect the heartlands of India by building robust technology platforms, Agri e-commerce marketplaces, market linkages, supply chain networks, advisory services, financial solutions, and shared economy models. The need of the hour is for the industry to come together, pool resources, exchange information, and share learnings to foster growth and scale quickly.

As we look at the various problems in the Agri industry, we realize that we need to pave the way for other Agtech startups to drive innovation & change. These budding startups can leverage our ecosystem, test their solution offerings at scale to establish a product-market fit, and help solve the challenges for the farmers, the Agri ecosystem, and the planet. The time to act is now, and our incubation program ‘Catalyst’ is another step toward achieving the same. We need to start focusing on fostering sustainable agricultural practices and work to integrate technology in this sector to solve the problems.”

Aspiring startups can apply for the program on nurture.farm’s website. Our knowledge partners include organizations like UPL, NPP, Advanta, and Decco. An experienced panel of experts from the agricultural industry will review each application, mentor startups, and help them grow. The program will accept entries until 31st March 2023.

Proptech Accelerator Gruhas ASPIRE Announces First Cohort

Hyderabad, India, August 25, 2022: Gruhas ASPIRE, a start-up accelerator focused on high-potential Proptech start-ups in India, has announced its inaugural cohort. Selected start-ups benefit from the accelerator’s support, which includes market expansion and access, business model refinement, branding and marketing, hiring, and 1:1 mentoring.

A partnership between Gruhas Proptech Fund, DLF Family Office, and Anthill Ventures, Gruhas ASPIRE (Accelerating Sustainable Proptech in Real Estate) chooses start-ups from four Proptech streams:

Construction Management
Property & Asset Management
New Materials and Technologies
Investments and Financing

Commenting on the need for investments and scaling support in these areas, as well as the exciting potential of the cohort, Abhijeet Pai, co-founder of Gruhas Proptech Fund, said, “There is no doubt about the continued demand for construction in global markets. However, we need to invest in sustainable solutions at the same time. Our quest at Gruhas is to bridge the gap between the infrastructure needs of developing markets and the sustainability goals set out by the Paris agreement. This can only happen through the use of innovative technologies and sustainable materials. We believe India has the brightest minds and markets for leading this change and we at Gruhas ASPIRE firmly back this cohort which represents the diversity and high potential of the country. We are excited to support such inspired founders to realise their vision.”

Start-ups in Gruhas ASPIRE’s first cohort include: 

Modcave- a shelter-tech start-up that manufactures innovative prefabricated, modular, temporary shelters that can be deployed anywhere. Modcave’s design allows the shelter to be compressed by 4x, enabling a 90% reduction in logistics and storage costs.https://modcave.in

Realiti.io- an integrated solution that empowers real estate brokers to create and manage their digital presence and collaborate with other brokers through a managed service. The service ensures the fulfilment of demand and supply and a 40%reduction in time from lead-to-sale.https://www.realiti.io

Safearth– India’s fastest-growing, fully integrated platform for solar projects, Safearth encompasses procurement, EPC, as well as financing support for projects of anysize. The start-up has already captured 6.67% in the C&I Rooftop Solar space and 5% In the overall distributed solar market in India.https://www.safearth.in

Settl- a new-age proptech start-up that is reimagining the co-living experience for urban professionals through data-driven models for property selection and differentiated community engagement. https://thesettl.com

SustVest- a sustainability fintech platform that enables retail investors to help finance India’s growing renewable energy demands through fractional ownership of solar projects. https://www.sustvest.com

Tellus Habitat–a start-up that is working to solve India’s water shortage issue through its proprietary decentralized wastewater treatment machine that can be installed in any home. The machine is scalable to a community and municipality-leveland reduces water use by 40%.

Zerund- a sustainable construction materials start-up that captures and converts waste plastic into high-grade, lightweight bricks that are 15% cheaper and 45% lighter than the industry standard. https://www.zerund.com

A fast-growing segment proving attractive to investors due to the scope for disruption through innovation and technology, Proptech is reshaping the face of the Indian real estate sector, a fact that Rahul Talwar of the DLF Family Office understands very well. “Construction is the biggest industry in the world, representing 13% of global GDP. But the sector has only seen a productivity growth of 1% in the past two decades. In addition, buildings and construction are responsible for 20.7% of global GHG emissions. I am happy to collaborate with Gruhas and Anthill and assist these innovators in their growth journey through Gruhas ASPIRE.”

Sailesh Sigatapu, Partner, Anthill Ventures said, “Our mission is to offer startups a speed scaling ecosystem that helps accelerate their growth while building a profitable business model. We do this by establishing a robust product-market fit from the outset and refining their business model before helping them build a measurable plan for sustainable scale. By offering a combination of focused mentoring, knowledge sessions, and capital, we provide founders with a space to bring their vision to life while ensuring that their idea is commercially viable and financially sound. We are committed to helping each cohort not just reach but exceed its potential.”

Anthill Ventures, an early-stage fund and a speed-scaling ecosystem for start-ups specialises in health, media, consumer, and urban tech. With Gruhas ASPIRE, the firm is expanding the reach of IndusX, its urban tech &sustainability program, and helping the seven proptech companies in the cohort brainstorm ideas, implement plans, and track goals.

Odysse Adopts Advanced IoT Technology in EV’s

National, 25th August 2022: Odysse Electric Vehicles announces an upgraded version of its IoT-enabled vehicles which provide real-time information and play an indispensable role in offering vehicle data. The advancement also measures absolute and relative parameters such as speed, acceleration, and braking pattern to provide recommendations for improved performance and lower maintenance.

The EV manufacturer has also introduced geofencing and immobilization in the vehicle to improve security and reduce the safety related risks. The IoT-enabled EV will also improve the overall user experience by making them aware about the money & CO2 saved by driving an EV compared to an ICE vehicle.

Given the additional features in the Electric Vehicles, Odysse has further expanded their presence in the influential metropolises, including their second showroom in Chembur- Mumbai (Maharashtra), Bhopal (M.P.), Agra (U.P.), and Vidhisha (M.P.), bringing the total number of dealerships to over 60. The new dealership intends to educate customers and respond to inquiries, including at-home charging options and set expectations.

Mr. Nemin Vora, Chief Executive Officer, Odysse Electric vehicles Private limited, said, “We’re thrilled to share our extended dealerships in India’s four major cities. These dealerships will aid to build a strong brand and customer bond throughout the country. Given our commitment to a sustainable ecosystem, we selected these locations based on their benefits to both business and the environment. Our main priorities will always be customer service, safety, and technology and we consistently strive toward achieving them.

We currently have 60+ dealerships and intended to have over 100 dealerships across India by March 2023. In addition, we have planned our product launch for September focusing on B2B clients.” he further added

The Great Eastern Home’s Art Nouveau collection

Art Nouveau (“New Art” in French) was a popular art style from the early 1890s. Art Nouveau is a design, architecture, and visual arts movement that was prominent in the early 20th century and continues to have an impact on interior design today.

The Great Eastern Home is renowned for housing furniture from all around the world, and has many Art Nouveau collectibles. Art Nouveau furniture pieces display long, sinuous lines that flow and curl in natural ways. This linear style was influenced by the flattened space and flowing lines of Japanese art, which was a popular influence among artists at the time. In Art Nouveau, the lines are often in the form of whiplash curves, long curved lines that extend out, then bend back on themselves.

The furniture is created with hardwoods, especially walnut, oak, and exotic hardwoods such as teak. Art Nouveau artists used a unique process of inlay, in which small pieces of different-colored hardwoods and other natural materials are cut out and pieced together to form a flat, ornately decorative surface. Many furniture pieces also incorporated elegantly curved and bent metals.

The Art Nouveau collection from The Great Eastern Home includes chairs, consoles, vases, lamps, and more. With its spectacular interior options, Art Nouveau furniture and design is still a favourite among homeowners. Make the most of your space by adding an exquisite Art Nouveau piece of furniture from The Great Eastern Home to furnish a pleasant space.