Archive: August 30, 2022

Under The Support Of The Ministry Of Youth and Sports, Garena Joined Hands With The Egyptian Federation For Electronic Games To Host The “Free Fire: The Battle Of Egypt” Tournament

Egypt, 29 August 2022 – Under the support of the Ministry of Youth and Sports and in cooperation with the Egyptian Federation of Esports, Garena, a leading global game online developer and publisher, hold an MOU (Memorandum of Understanding) signing ceremony between Garena and the Egyptian Federation for Electronic Games to support Free Fire’s first major local esports tournament in Egypt, “Free Fire: The Battle of Egypt”.

The signing ceremony was attended by Dr. Ashraf Sobhy, Minister of Youth and Sports, Sherif Abdel Baky, President of the Egyptian Federation for Electronic Sports, and Hans Kurniadi Saleh, Head of Garena Middle East and Africa. The memorandum of understanding requires joint cooperation between Garena and the Egyptian Federation for Electronic Sports to contribute to the development of the esports ecosystem in Egypt.

In his speech, Dr. Ashraf Sobhy, Minister of Youth and Sports, wished success to all participants in the tournament, witnessing a large turnout of young people and youth. He also stressed the ministry’s great interest in supporting the Electronic Sports Federation in implementing its vision and plans to spread electronic games all over Egypt and establish major competitions and championships in cooperation with the companies concerned.

Dr. Ashraf Sobhy drew attention to the development of the esports industry in light of the technological development that the world is constantly witnessing. He also highlighted the role of esports in influencing the economic sector of societies, pointing to the importance of the esports Federation’s cooperation with various developers and publishers of electronic games in organizing major joint events.

Sherif Abd El-Baky, President of the Egyptian Federation for esports, said that the Federation welcomes Garena, the global online games developer and publisher, and the tournament that takes place for the first time in Egypt. This is the first major local tournament for esports via mobile phone held in cooperation with the company that publishes the game. Without any external interference or intermediary, this tournament is expected to open doors to more opportunities with other companies that have rights to the games. Through these competitions, it aims to create cadres for electronic games at various levels to create new generations with greater skills under the support and guideline of these game companies and the Egyptian Federation for Electronic Sports.

During the ceremony, Hans Kurniadi Saleh, Head of Garena in the Middle East & Africa, expressed his gratitude for having the support of The Ministry of Youth & Sport and The Egyptian Federation for Electronic Games for the upcoming tournament. And shared how “Free Fire: The Battle of Egypt” showcases Garena’s commitment to contributing and working alongside the government to develop the esports ecosystem in Egypt. He also shared that he hopes the upcoming tournament will enable players in Egypt to discover their potential and achieve greater heights in the gaming industry.

The “Free Fire: The Battle of Egypt” has been organized by Garena since July, featuring a 500,000 Egyptian pounds prize pool. The tournament registration started early last month and has received more than 16,700 participants from the best game players in the country.

The Grand Final will take place on 3rd September at the Hassan Mostafa Sports Hall, 6th of October City, Cairo. All Free Fire players and fans in Egypt can also watch the live broadcast of the Grand Final at: https://www.gbarena.com/events/free-fire-the-battle-of-egypt/tournaments

We are keen to more towards high powered power backup gensets says Aashim Ahuja, Director – Perfect Generators Technologies Pvt. Ltd.

Perfect Generators Technologies Private Limited, which is engaged in power generation products and services, will aim to strengthen its presence in the higher kVA diesel genset segment. As a top performing OEM of Mahindra & Mahindra Ltd. (Powerol Division), Perfect Generators forays business expansion in the higher kVA Genset range of power backup solutions.

To meet the challenges posed by the pandemic, businesses around Delhi NCR & Uttar Pradesh had to react in agile and decisive ways. As we move into the next phase, now is the time for businesses to seek out and seize the opportunities emerging in the recovery. There is a huge surge in demand for power backup in the segments like industrial units, malls, hospitals, IT data centers and manufacturing plants, and many more. To tackle the problem, we are keen to more towards the higher kVA powered diesel gensets ranging from 250 kVA to 625 kVA – says – Aashim Ahuja. At Perfect, we are focusing on strengthening our product offerings in the higher kVA range. from 250 kVA to 625 kVA. This gives us a great opportunity to grow in new segments and offer a wide and world-class range of gensets to our customers”.

Perkins®️ 2000 Series electronic engines are renowned in the market for their world-class quality and efficiency. They are turbocharged and air-to-air charge cooled with certifications up to Euro Stage IIIA/U.S. EPA Tier 3 and to India’s CPCB-II emissions standards. Developed from a proven heavy-duty industrial base, the engines offer superior performance and reliability. These engines are an ideal choice for customers looking at prime and standby power DG range of 400-625 kVA.

Since its inception, Perfect Group has made rapid strides in the Indian genset industry within a very short span of time as an OEM of Mahindra Powerol DG. Transforming challenges into opportunities has been the hallmark of the Perfect Group ever since its inception two decades ago. Perfect Group invests a lot of energy to ensure that our products are best in quality and reliability.

DCB Eazybee allows mutual fund investment anytime, anywhere

While technology has made it convenient to invest in various asset classes, it is not always easy to keep track of finances in today’s fast-paced world.

This is where DCB Bank’s Eazybee – an online mutual fund platform – helps investors monitor and control their mutual fund investment anytime and anywhere. It makes investing in diverse mutual funds quick and seamless, facilitates automatic payments, and provides the option to invest, redeem or switch instantly, all without visiting the bank branch.

DCB EazyBee is a paperless and user-friendly platform that is accessible via desktop and mobile devices. This means one can invest from anywhere in the world.

The online platform comes with several attractive features. These include no registration fees and transaction charges; easy mutual funds selection option to invest in well-known AMCs; access to risk ratings and factsheets of all the funds; online uploading of KYC documents; and facility to download NSDL consolidated account statement, among others.

Besides, investors can add up to five savings accounts including DCB Bank to DCB Eazybee, and invest through these. They will also have access to information on Morningstar© rated funds and indicative capital gains on their mutual fund investments.

Healthians observes a 150% and 285% YOY growth rate in Tier 1and Tier 2 cities respectively in the last 2 years

Aug 30th, 2022 | New Delhi: India’s leading healthcare diagnostics firm, Healthians, which is known for its health-test-at-home services available in over 200 Indian cities, is set to become EBIDTA positive this year. The company is one of the first startups in the healthcare industry set to achieve this milestone and is on course to register over INR 500 crore in annualized revenues this financial year. Currently the company has a Positive Contribution Margin of 167 crores with a negative EBITDA of 90 CR as compared to 68 crore Positive Contribution Margin and a negative EBITDA of 42 crore in FY 2020-21.

The company’s revenues are growing at a rate of over 150% compared to the preceding financial year, and it is confident of carrying this momentum forward, according to Deepak Sahni, the CEO and Founder of Healthians. Last year, Healthians’ revenues increased by 70% YOY. “Our highly-trained phlebotomists and state-of-the-art laboratories have ensured high customer satisfaction, resulting in consistent growth driven by industry highest repeats and referrals,” said Deepak Sahni. “At our current growth rate, we are confident of achieving profitability within the next few months,” he added.

Healthians has observed a 150% and 285% YOY growth rate in Tier 1and Tier 2 cities respectively in the last 2 years. The company has firmly established itself as a market leader in the health-test-at-home space, with over 4 million households trusting its services. More than 60% of Healthians’ business comes from referrals and repeat clients, highlighting the company’s customer satisfaction scores.

While the company’s revenues maintain a healthy growth trajectory, Healthians has also managed to optimise its laboratory and operations costs, further helping it on its path to profitability.

Earlier this month, Healthians also announced the launch of its operations in Bangladesh and UAE (United Arab Emirates) and plans to start providing services in these regions by the end of the year.

“Healthians has always kept a razor-sharp focus on delivering superlative customer experience. We are industry leaders in technology innovation with live reporting of test results within 4 hours of sample collection. Healthians has achieved size and scale both in terms of brand recall and geographical presence to deliver affordable healthcare to the masses. We will now achieve profitability sooner than expected with our asset light model, significant technology innovations in pipeline and industry’s highest repeat rates,” said Nishant Singhal, COO, Healthians.

The company’s recent marketing campaign around the tagline ‘Aap Jahan Test Wahan’, which was shown widely during IPL, has helped Healthians in becoming a household name. Healthians is also the first diagnostic brand to advertise during IPL. The company is also the first in the country to launch pioneering initiatives like Health on Wheels and Breast Cancer screening at home.

Saera Auto bags Switch Delhi EV Awards for highest Li-ion-based clean vehicles sales

Saera Electric Auto Private Limited (SEAPL)’s dedicated efforts towards the production of high-quality and safe electric vehicles once again got recognized as the leading e-vehicle manufacturer was declared runners-up of the Switch Delhi EV Awards. Saera was awarded in the category “OEM with highest number of Li-ion based e-rickshaw/e-cart sales in Delhi”.

Minister of Transport, Government of National Capital Territory of Delhi, Kailash Gahlot, handed over the certificate of appreciation and the award to Saera during the Delhi EV Forum held at the Indian Habitat Center, Lodhi Colony, New Delhi, on 22 August 2022. The forum was organized by the Government of NCT, in association with the Dialogue Development Commission of Delhi, and RMI India Foundation.

“It is a moment of colossal pride that our endeavor to boost the nation’s EV penetration has been recognized and appreciated by the government of NCT. This is a magnificent encouragement for us which will further fuel our efforts towards enabling clean mobility and make Delhi the EV capital of India,” said Managing Director of Saera Electric Auto Private Limited Nitin Kapoor.

The primary operation of Saera is assembling and manufacturing cleaner and greener electric L 3 category vehicles (e-rickshaw and e-cart loader) and electric 2W low-speed vehicles. Founded by the Father of e-rickshaw in India, Vijay Kapoor, SEAPL was the first company to introduce e-rickshaw in India with its brand Mayuri, which is the first to receive vehicle approval certificate ICAT from the International Center for Automobile Technology, Manesar. The company also manufactures popular low-speed e-scooters with the brand Yogo Bikes. All the electric vehicles manufactured by SEAPL are designed and assembled using cutting-edge technology in the industry.

“We registered a year-on-year growth of 205 per cent, to reach 1460 million in FY 2021-22 from 477.4 million in FY 2020-21; thereby maintaining its position as one of the two top companies pan-India in the electric 3 wheeler segment. Soon, SEAPL will be expanding its growth with the launch of electric three- wheelers in the L5 category for both passengers and cargo,” mentioned Nitin Kapoor.

Afcom Bets Big on ASEAN Region…

Chennai, August 30, 2022: Afcom Holdings Private Limited, a professionally managed international cargo airline headquartered in Chennai, today reiterated its commitment to the ASEAN region by taking delivery of its first Aircraft – Boeing 737 Freighter. Afcom has been operational since September 2021 through its strategic alliance with its commercial carrier Partners.

The addition of this Aircraft will support Afcom’s current capacity with its airfreight partners, thus enabling a faster and more reliable delivery service. The company plans to add two more Freighter Aircraft to its fleet by the end of this year.

Commenting on the developments, Deepak Parasuraman, Chairman, Afcom Holdings Private Limited said, “Afcom is committed to provide efficient, secure, and quality services to our customers. We strongly believe in working closely with our customers by providing them Tailor-made logistic solutions. We see ourselves not just as a cargo airline but an end-to-end cargo solutions provider. Air cargo is today a key enabler of flexibility and speed in global supply chains. We foresee good and rising demand for air cargo going forward, and we are fully geared up to infuse the required capacity in the market.”

Afcom presently serves between India, Singapore, Indonesia, and Brunei. In addition, it will commence services to Hanoi (Vietnam) and Bangkok (Thailand) sectors in its endeavour to service destinations across ASEAN countries. More new services are also in the pipeline, with the aim of providing faster delivery options to support the industry requirements.