Archive: December 28, 2022

Gate Charity Celebrates Christmas With Kids In New Delhi India

Gate Charity, the philanthropic arm of the crypto exchange Gate Group, visited Manav Mandir Gurukul, an organization working for the educational cause of underprivileged children in New Dehli in India, celebrated Christmas with 56 children there and deliver food and gifts during the festive time on 25 December 2022.

Manav Mandir Gurukul is one of the arms of Manav Mandir Mission Trust which has been working for the educational cause of underprivileged children since 1993. It believes that education is the single most powerful intervention for transforming lives and getting rid of the vicious cycle of poverty. For hundreds of deprived children, education is the only weapon that will open doors to provide them with equal opportunity, so that they can grow, learn and realize their potential.

The visit by Gate Charity was part of a charitable mission to support education and promote better opportunities for learning for children in India. During the visit, the Gate Charity team and the children enjoyed Christmas-themed activities together, such as a drawing competition and a treasure hunt contest. 56 children received caps and socks as gifts as warm protection against the cold winters in India.

EaseMyTrip introduces its Special Programme EMTFAMILY for its Shareholders

New Delhi, 28th December 2022: EaseMyTrip, India’s leading online travel tech platform, today announced the introduction of EMTFAMILY – an invite-only, special programme for its elite shareholders. Under this programme, EaseMyTrip’s shareholders will be enrolled into a ‘Refer Now & Earn Forever’ programme. Referrer will get exciting cash-backs on flights, hotels, holidays, buses and train bookings for a period of one year by referring a new user to book from EaseMyTrip website or mobile application.

In order to provide the benefit, the brand gives its exclusive set of shareholders with an exciting opportunity of EMTFAMILY that offers great discounts, referral scheme and various offers which are up for grab. Shareholders can use the Coupon Code: EMTFAMILY and mention their Pan Card Number to avail of exclusive benefits.

Exclusive features of EMTFAMILY include–

– Refer Now & Earn Forever

– Special & exclusive fares on various flights & hotels.

– Buy 2 nights and get 1 free on more than 500 hotels.

– Full-refund on medical grounds

– Rs.5000 vouchers from multiple brands on every transaction

– Extra discount up to 12% on hotel bookings

– Extra discount up to 7% on bus & train bookings

– Additional INR 500 off discount on domestic flight and INR 1000 off on international flight

Commenting on the exclusive offers, Nishant Pitti, CEO & Co-founder, EaseMyTrip said, “We are glad to introduce our elite product EMTFAMILY to the set of our valued shareholders. We find the benefits of this product are immense and are certain that it will serve fruitful to our shareholders as well. As a token of gratitude for placing their faith in the company, we thank them for being a part of our journey so far, and we look forward to servicing their needs with exclusive offers and discounts, while we continue to serve millions of shareholders’ world over.”

How EV market will look like in India in 2023 onwards

According to Mr. Vikrant K. Aggarwal, Co-founder of EVI Technologies: – As we come to end 2022 here is a look at how the EV industry will shape up in 2023 onwards. Over the projected 2021–2030, the Indian electric vehicle market is anticipated to expand at a CAGR of 49% as per “2021, India Electric Vehicle and Component market overview report 2021-2030” released by India Energy Storage Alliance (IESA).

India sees presently a rapid increase in demand for electric vehicles due to favourable government policies that encourage the use of these vehicles. In order to encourage availability and usage of electric vehicles and expansion of the market in India, the government has taken up many initiatives. According to a recent report “EV sales across segments (2W, 3W, 4W and E-Buses) grew by 110% in FY22 as compared to FY21”. Over the 2023-2030 period, the rising demand for these electric vehicles will however be hampered by a scarcity of charging stations besides high purchase prices. These two aspects need to be dealt with utmost priority by all concerned.

The Indian electric vehicle market is divided into public and private end-user segments. Due to favourable government policies encouraging alternative fuel sources to lessen reliance on fossil fuels, public vehicles maintained a substantial market share. The Government is taking requisite steps to switch the public transportation system to an all-electric operation. As a result, this market will experience rapid expansion in the coming years. With country’s offer of tax benefits and subsidies on purchase of private electric vehicles, demand for electric vehicles from the private sector would also increase.

To meet the industry demand, OEMs in the EV sector will assume a significant leadership role. The government also sought to boost adoption of EVs by encouraging local manufacturing through introduction of production-linked incentives (PLI’s).

By 2030, India’s EV industry could rank among the biggest in the world. According to the recent study India needs at least 2 million public EV charging points across the country by 2030 to achieve the Govt. target of EV adoption i.e., 30% penetration in private cars, 70% in commercial vehicles and 80% in 2W/3W’s by 2030.

The comprehensive battery-swapping scheme should get implemented from the year 2023. The adoption of EVs will advance, thanks to the switching of batteries, particularly in the two and three-wheeler segments for urban mobility. According to the Intergovernmental Panel on Climate Change, transportation is responsible for around 23% of the world’s energy-related greenhouse gas emissions, with road transport making up 72% of that total. Governments have passed progressively stricter emissions regulations for vehicles like passenger automobiles in an effort to mitigate climate change.

Many governments want to stop selling cars powered by fossil fuels by 2040, and they’re enticing people to switch to electric cars by offering them large financial benefits. Grants and loans may be required to make EV infrastructure projects affordable for many rural areas in India, as EV infrastructure set up will need large financial expenditure. Overall, the EV sector will see a much-wanted growth in the FY23 onwards propelled by sub segments such as EV financing, Motor & its controller, vehicle intelligence system, Battery Swapping & Battery-as-a-Service and comprehensive Charging infrastructure network.

Startups in these segments can look forward to bright prospects in these segments.

MyBranch launches Largest shared office space in Mumbai

Mumbai, Dec 2022:  MyBranch, a market leader by reach in shared office spaces, has launched the brand’s biggest office with more than 20,000 square feet of space in Mumbai’s prime location at Andheri East. The other premium shared office space is coming up at Jasola, New Delhi which will be operational from January 2023. It has already set the benchmark in tier 2 and tier 3 cities. Now, with the launch of Mumbai and Delhi share office space it’s all set to hit the metros within next few months.

The Andheri office was launched at an event held today where Mr Ashok Lohmod, Executive VP & Head, Workforce Effectiveness, SBI Cards, cut the ribbon and lit a lamp to inaugurate the event. In his address, Mr Lohmod said “It’s an honor and privilege to be a part of MyBranch’s office inauguration. MyBranch is growing rapidly and I am happy to see the tier 2&3 cities brand, getting stronger in metros like Mumbai and Delhi. NBG (Parent Brand of MyBranch) has been associated with SBI Cards for more than 25 years. Any relationship beyond 25 years speaks for itself. We would like to see MyBranch grows further in size. My best wishes to the entire team”.

Speaking at the event, Mr Kushal Bhargava, Co-founder of MyBranch, said, “Our goal has been to penetrate to regions where co-working hasn’t yet reached. In keeping with our business philosophy, we have opened centres in tier 2 and 3 cities across India. But the sprawling metropolis of Mumbai & Delhi, with its enterprising business culture, have been crying out for office space for new ventures and expansions. We hope we can bridge this gap with our latest shared office space.”

Andheri east is primarily known for the MIDC, SEEPZ, IT hubs and commercial spaces. It is one of the largest areas of Mumbai and is well-connected to other parts of the city, including other western suburbs, the central suburbs (through metro railway) and south Mumbai (through buses and local trains). Jasola is a business district in New Delhi which is centrally and strategically located on the NH2 with connectivity to Faridabad and Noida. It comprises of office and Retail Malls which hosts top corporate and commercial complexes.

MyBranch has a pan India base and is by and large a tier 2 and tier 3 city-player. They are pioneers in the lite-managed office concept in these cities. The concept of shared office space was developed by them for business houses that need only a few seats but do not find well-appointed offices that are in keeping with their standards, for their minimal space requirements. Currently, MyBranch offices are present in over 70 cities across India. They now aim to target the larger cities where space is always at a premium. The Mumbai office was launched today; soon, they will be launching an office in DLF Tower, Jasola, Delhi, sometime around January 2023, one of the premium location in Delhi. The larger offices will be fully self-contained and will be a boon for employers who want to give their staff an option to work flexibly from anywhere.

What makes MyBranch offices stand out is the fact that their offices come with a bouquet of services like IT support, business-grade Internet access, on-demand meeting rooms that can be used for training and conferences, CCTV surveillance and refreshment facilities. Clients are allowed to display their signage and banners in their designated areas. Spaces can be designed according to the users’ needs. The friendly, yet professional ambience accommodates those who may be challenged, and stimulates productivity.

Andheri was once a western suburb of Mumbai. But with the rapid expansion of the city, it is now a prime business and residential hub in the heart of the bustling metropolis, replete with state-of-the-art offices, shopping and entertainment centres, residential towers, schools, colleges and hospitals, and is connected to all other parts of the city by road and rail. The domestic and international air terminals are within easy proximity.

Many of MyBranch’s erstwhile clients were present at the launch event. They were excited at the option to be able to open an office in Mumbai, with the major issue of space being taken care of. Bookings for the space have already begun and the new office is operational now.

Safexpress launches its 74th ultra-modern Logistics Park in Chennai

28 December 2022: Safexpress, India’s largest supply chain & logistics company, has launched its ultra-modern Logistics Park in Chennai, Tamil Nadu. This state-of-the-art facility is strategically located near Mappedu in Thiruvallur district. Mappedu is also the site where a very ambitious infrastructure project is recently launched giving a connectivity boost to Prime Minister’s Gati Shakti Plan. On this occasion, senior dignitaries from Safexpress were also present.

Safexpress Logistics facility in Mappedu, Thiruvallur is spread over a land area of 6.5 Lakh square feet, enabled with ultra-modern transhipment and 3PL facilities, which will boost storage & warehousing needs of the businesses in this region while providing for faster connectivity. The new Logistics Park is cross-dock, equipped with loading and unloading of over 200 vehicles simultaneously. It has a column-less span of over 80 feet, which facilitates uninterrupted movement of goods within the facility. To enable all-weather loading & unloading of goods, the facility is equipped with 16 feet wide Cantilever Shed.

The Logistics facility has the required firefighting equipment and trained manpower to deal with such exigencies. It is equipped with an integrated rainwater harvesting system, has a dedicated green zone, and will be using sunlight during the daytime to conserve energy. Operations at the Logistics facility is highly streamlined, which ensures the country’s fastest transit-time from Tamil Nadu to all destinations across India.

Supply chain & Logistics has a very crucial role to play in the growing demand of industries and manufacturers spread over the entire region. Safexpress Logistics Park at Mappedu intends to help greatly in minimizing the infrastructural gaps and serve their supply chain & logistics requirements needs effectively and efficiently.