Archive: June 8, 2023

Sunteck Beautifies Naigaon on World Environment Day

Mumbai Metropolitan Region – Naigaon, June 8, 2023: There isn’t anything more enjoyable than time spent in a park, the feel of the lush green grass below your feet, neatly trimmed hedges, colourful flower beds, butterflies and the cheerful chirping of birds. Bringing joy to the residents of Naigaon East this World Environment Day, Sunteck Foundation offered development of a park at Tivri in Naigaon with the help of the local authorities to provide a clean and green community and a recreational space for children and adults.

Sunteck Foundation by Sunteck Realty have always been in the forefront to improve community conditions and uplifting the environment towards a sustainable lifestyle.

Parks positively impact the environment as they help in improving air quality, promote biodiversity, and also naturally cool air and surfaces. Moreover, they offer people recreational opportunities and encourage an active lifestyle helping to relieve stress and increase sense of wellness. This initiative by Sunteck to develop the community park at Naigaon is towards building more sustainable spaces to encourage and engage the community in green initiatives for the betterment of the overall environment and society.

Speaking about sustainability being central to Sunteck Anupma Khetan, the customer experience evangelist at Sunteck Realty, expressed, “As an organisation we are committed to developing sustainable spaces and believe that development should not be limited to within the boundaries of our projects. In our endeavour towards the betterment of community, we have been dedicatedly working towards supporting environment and social causes that encourage sustainable living among public at large.” 

Sunteck has supported in the development of this 450 sqmt park at Tivri in Naigaon by providing soil & manure filling, along with lawn grass and a variety of plants and shrubs namely Calliandra Brevipes (Powder Puff), Tecoma Stans (Yellow Bells), Murraya Paniculata (Orange Jasmine), Nerium Oleander (Sweet Scented Indian Oleander), Hibiscus Variegated (Javakusum), among others.

For media queries, Contact BeanstalkAsia: 

Jyoti Prakash | +91 8010681238 | jyoti@beanstalkasia.com

Samakshi Sawal | + 91 9082980959 | samakshi@beanstalkasia.com

Nupur Recyclers Announces Expansion with its New Subsidiary, Nupur Polymers Pvt. Ltd.

New Delhi,  June 2023 – Nupur Recyclers, a leading name in the recycling industry and a market leader in metal scrap processing is proud to announce the launch of its new subsidiary, Nupur Polymers Pvt. Ltd at Bawal, Haryana, spread over a land of 2000 sq mt.

This new business unit is geared toward the production and supply of high-quality, eco-friendly polymers at the given facility that holds a recycling capacity of more than 6000 metric tonnes of polymers per year. By developing and utilizing innovative recycling technology, Nupur Polymers aims to create a sustainable future by transforming waste plastics into valuable resources.

For the introduction of the new subsidiary Nupur Polymers Pvt, Ltd., the parent company Nupur Recyclers holds the majority of shares i.e. 93 percent, whereas the rest of 7 percent is driven by experts Dr. Yogendra Singh, Mr. Kaushal Pareek, Mr. Varun Jain. The company is committed to delivering top-of-the-line products that meet the needs of both industry and the environment.

“We are excited to announce the launch of Nupur Polymers by joining hands with Dr. Yogendra, Kaushal, and Varun,” said Mr. Rajesh Gupta, Managing Director of Nupur Recyclers. He further stated, “Our goal is to create a circular economy by reducing waste and carbon emissions, and we believe that Nupur Polymers will help us achieve this vision”. Nupur Polymers will produce a range of high-quality polymers, including HDPE, LDPE, PP, and HIPS & ABS. The company’s production facility is equipped with state-of-the-art machinery, ensuring the highest levels of efficiency and quality. With Nupur Polymers, Nupur Recyclers aims to establish itself as a leading name in the sustainable polymer industry. The company is committed to creating a better world by delivering sustainable solutions and maintaining its vision of 3Ps”.

Indian Chamber of Commerce to host BIMSTEC Meet in Kolkata

Kolkata,  June 2023 – The Indian Chamber of Commerce is proud to announce the highly anticipated BIMSTECExpo and Conclave 2023, scheduled to take place from the 13th to the 15th of June at the prestigious Hyatt Regency in Kolkata. This event marks a significant milestone in fostering regional cooperation and economic integration among the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).

Govt. of West Bengal and Govt. of Sikkim are the Partner States at the Conclave.

BIMSTEC Expo and Conclave 2023 bring together eight (8) Foreign, Industry, and Commerce Ministers from the BIMSTEC region, key stakeholders from the government, business, and academic sectors to discuss and explore opportunities for enhancing trade, investment, and socio-economic collaboration within the BIMSTEC region. With the theme “Quantum Leap in Business Co-operation for shared prosperity & Growth” the event aims to strengthen regional ties and promote inclusive development across diverse sectors. The regional integration of BIMSTEC represents the aspiration of 1.68 billion people or 22 percent of the world population for shared economic and social progress and a combined GDP of around US $. 2.88 trillion.

BIMSTEC region has 22% of the world’s population but only a 3% share of global GDP. The region needs to unlock its potential by addressing trade, infrastructure, and regulatory issues and finally aim at BIMSTEC FTA.

Highlights of the BIMSTEC Expo and Conclave 2023 include:

Largest ever BIMSTEC Business Meet: The event will witness the largest-ever gathering of over 400 trade & Industry representatives from 7 countries. This includes over 190 international delegates from 6 countries.

High-level Conclave: With over 140 speakers representing distinguished leaders, policymakers, and visionaries from BIMSTEC member countries will participate in insightful discussions and strategic dialogues. The conclave will have focused Sessions on topics such as trade facilitation, agri/food, infrastructure development, digital connectivity, sustainable tourism, advancement of healthcare, tea, gems & Jewellery, climate change, Start Ups, and fostering innovation.

Business Exhibition: Around 50 stalls at the expo will provide a platform for businesses to showcase their products, services, and innovations. Exhibitors from various countries will have the opportunity to connect with potential buyers, and partners from the public and private sectors.

B2B Meetings: The event will facilitate business-to-business (B2B) meetings, enabling participants to engage in focused networking, explore partnerships, and forge strategic alliances. These meetings will promote cross-border collaborations and contribute to the growth of regional trade and investment.

The BIMSTEC Expo and Conclave 2023 presents an excellent opportunity for businesses, investors, and policymakers to engage with the BIMSTEC community, exchange knowledge, and forge meaningful partnerships. The event will contribute to the overall objectives of BIMSTEC, fostering economic growth, and improving the quality of life for the people in the region.

For more information and registration details, please visit the official event page: https://bit.ly/42vL6VS

Sage42 Unveils Ventana to Boost Customer Experience Using Taboo® Filter and Beyond

Kuala Lumpur, June 8, 2023 – Sage 42 Apps Sdn. Bhd. (Sage42), an enterprise software development firm today announced the immediate availability of Ventana, a cloud-based enterprise digital communications platform. Ventana is loaded with a suite of tools to help companies streamline interdepartmental customer service and support (CSS) workflows to manage interactions with customers on social media and messaging apps efficiently using only a single window.

It comes with Taboo® Filter which safeguards businesses by preventing the use of inappropriate content such as profanity, culturally insensitive words, images, and even emojis during interactions with customers to ensure compliance with rules while promoting a positive company image.

Eugene Gan, CEO of Sage42 said, “Globally, more customers are opting for social apps like WhatsApp to conduct business and get in touch with vendors. This trend has inspired us to develop Ventana so businesses can ride the wave of digital customer service and support using the most efficient and effective approach.”

Patrick Riemer, Sage42’s CTO, stated, “Ventana is a versatile modular application that helps businesses streamline their customer support and marketing operations. It provides flexibility by allowing businesses to customize and adapt it according to their specific needs. With Ventana, orchestrating different business functions like marketing, sales, customer support, and operations becomes effortless.”

While other solutions prioritize customer-facing technologies like AI chatbots, Ventana prioritizes how an organization can effectively orchestrate departments’ and teams’ collaboration to better handle the window of communication. This ensures productivity remains at its optimum level and prevents delays in responding to customers.

Another advantage of using Ventana is that companies get access to code-free bots allowing authorized users to independently create chatbots for their respective departments and apply updates at their convenience, without the need to rely solely on the company’s IT team.

With Ventana companies can customize their chatbots to support either a single or multiple social media platforms depending on their needs – a high degree of flexibility not commonly found in most existing chatbots in the market.

Meanwhile, reports generated by Ventana can provide insightful information for enterprises to grow their business.

“Our extensive experience developing tech solutions for large companies has taught us to approach customer communications management from within the enterprise. This unconventional “inward-looking” practice by Ventana optimizes internal CSS workflows so that companies with multiple departments and cross-regional operations can effectively manage and have control over their communications with customers. This sets Ventana apart from existing solutions in the market,” Eugene explained.

The company is looking for strategic partners to expand the product’s capabilities.

“A trial account is available for those curious to see Ventana in action,” Eugene concluded.

Alia Bhatt is Up-for-Life with mCaffeine’s New Campaign

India, 8th June 2023: mCaffeine has announced the launch of its new campaign, “Up For Life,” featuring Alia Bhatt. With a humorous twist, the campaign unveils a warning that accompanies the use of mCaffeine products, making its users easy to spot in a crowd.

The digital campaign showcases youth icon Alia and mCaffeine’s crowd-puller, the Coffee Body Wash, which revolves around the theme ‘Too Much To Handle!’ This campaign presents a series of ads aimed at highlighting the unique and energizing qualities of the brand’s caffeine-based products through Alia’s portrayal. It includes two brand films, one featuring Alia grooving in her own space, while the other showcases her fresh style of greeting, characterized by eccentric energy.

Speaking about mCaffeine’s body care range, Alia said, “To be honest, I absolutely love mCaffeine’s body care range. It really boosts my energy and prepares me for the day ahead. Simply put, it keeps me charged up! The main reason behind this is the presence of Caffeine, their key ingredient, which not only revitalizes my skin but also invigorates my senses.”

Responding to the vision behind ‘Too Much To Handle’ and the buzz surrounding it, Tarun Sharma, CEO & Co-Founder at mCaffeine, said, “In this campaign, with Alia, we are defining the after-effects of using mCaffeine’s Coffee Body Wash range. The experience that comes with the Caffeine rush is surreal. It pumps you up so much that it becomes difficult to handle! It helps you bring out your true inner self and gets you ready for life.”

Adding to this, Vaishali Gupta, Co-founder and Chief Growth Officer said, “We have always pledged to distinguish our products from what the industry has to offer. The inclusion of our single yet hero ingredient, Caffeine, has carved a niche that sets us apart. It is not only the benefits of Caffeine that help create an impact but also the energizing after-effects it adds to an individual’s lifestyle.”

The brand believes that Alia truly embodies their brand persona and the ‘Up For Life’ theme. She is relatable to their consumers and admired for her vibrant, go-getter personality. With her zest for life and ability to balance personal and professional commitments, she epitomizes living life to the fullest. Their vision with this campaign represents all those who seek the energizing effects of Caffeine, embrace the excitement of each day, and strive to make a positive impact. Their thoughtfully crafted products, including the range of Coffee Body Washes, empower them to seize opportunities every day.

Naveen Unni joins TVS Capital Funds as Managing Partner

Mumbai, 8th June 2023: TVS Capital Funds, a leading rupee capital private equity fund, is thrilled to announce that Naveen Unni has stepped into the role of Managing Partner. Known for investing in tech-driven financial services and B2B services, the firm has managed ₹3500 crores across 3 funds and 32 investments under its track record.

Naveen Unni, an industry veteran with 20 years of consulting experience, specialises in business transformation, digital strategy, and leadership development. He has a 20-year track record of leadership at McKinsey and Company, where he served as the Managing Partner for the Chennai office and led the India sustainability practice.Joining a solidified leadership team, Naveen Unni will enhance TVS Capital’s long-term vision of offering a steadfast capital platform to upcoming entrepreneurs.

Commenting on Naveen Unni’s appointment, Gopal Srinivasan, CMD, TVS Capital Funds, said, “Naveen [Unni] comes with global consulting experience with significant exposure to comprehensive business transformation and digital strategy initiatives. This is of deep value for us at TVS Capital, where we partner with next-gen entrepreneurs in business building, especially those in the venture growth stage. This assumes more significance as we are preparing the launch of our next fund, to be led by the expanded competent leadership team tooffer comprehensive solutionsto portfolio entities.”

Naveen Unni, Managing Partner, TVS Capital Funds, said, “I am delighted by the opportunity to empower India’s NextGen entrepreneurs. What Gopal [Srinivasan] and the team have built over the past 15 years is exceptional – and the opportunity to join this mission to forge a leading Indian private capital institution with Gopal [Srinivasan], Anuradha [Ramachandran], Krishna [Ramachandran], and the rest of the TCF team is a privilege. I look forward to bringing my two decades’ experience instrategy and business transformation consulting and practice building, to support our business partners, our clients, and the TCF ecosystem.”

Over the last 18 months, in preparation for Fund-4, TVS Capital Funds has fortified its leadership team by bringing on board Anuradha Ramachandran as Managing Partner – Investments, Krishna Ramachandran as Managing Partner and Chief Operating Officer, and Praveen Sridharan as Partner – Investments, and by promoting Gaurav Sekhri to Partner.

Repo Rate Steady – Home Loan Interest Rates Still in Single Digits

Anuj Puri, Chairman – ANAROCK Group

As was anticipated, the RBI has decided to keep the repo rates unchanged at 6.5%. This gives some respite to prospective homebuyers looking to avail of home loans in the near future. The unchanged repo rate can help maintain the momentum in housing sales, which has so far been firing on all cylinders in 2023. As per ANAROCK Research, we saw housing sales in the first quarter of 2023 scale new heights, breaching the one lakh mark at 1.14 lakh units across the top 7 cities.

Given the current unchanged rates, the outlook for those looking to buy their first home via a home loan soon remains favorable. Interest rates from most banks will continue in the single digits. With top banks, they currently hover between 8.7 to 9.65%. A future rate hike, if any, may push the rates into double digits. The persisting financial instabilities in advanced economies of the world may have repercussions in India, causing the RBI to take such a step to face these headwinds.

Simpl partners with McDonald’s India to enable a seamless 1-tap checkout experience for millions of its customers online

This partnership assumes significance with an increasing number of customers ordering online

Bengaluru, 08 June 2023- Simpl, India’s foremost 1-tap checkout network, today announced a partnership with McDonald’s India (West & South), to bring a seamless online checkout experience to millions of customers. Simpl’s integration with the McDelivery App as part of the association will play a key role in providing a smooth online checkout experience.

Customers using the McDelivery platforms (app and website) will be able to use Simpl’s 1-tap pay to effortlessly place their orders. As of March 2023, McDonald’s India has 357 restaurants in 56 cities across West and South India, serving millions of registered customers across the regions. The company is on a fast track to add 40-45 new restaurants in FY24 and 580-630 new restaurants by 2027.

Commenting on the partnership, Nitya Sharma, Founder, and CEO at Simpl said, “As an organisation committed to providing customers with a frictionless checkout experience online, we are increasingly partnering with small, medium, and large enterprise merchants to offer millions of their customers our state-of-the-art 1-tap payment experience. This assumes significance as the Checkout network plays a crucial role in onboarding new customers and increasing customers’ engagement with the platform. In this endeavor to empower merchants, we are excited to partner with McDonald’s India to offer a unique and seamless experience to their customers as they strengthen demand on their own platforms”.

Arvind R.P., Chief Marketing Officer, McDonald’s India, said, “At McDonald’s India, we are committed to offering our customers the best experience across touchpoints. By integrating Simpl’s technology into our McDelivery platform, we are enabling millions of customers to enjoy the 1-tap checkout experience and their favorite McDonald’s meals in no time. As we continue to expand and innovate, we are excited to work with Simpl who share our commitment to innovation and customer satisfaction.”

McDonald’s App and McDelivery App have over 24 million downloads collectively and millions of registered customers across the two regions.

With an increasing number of customers ordering online, it becomes imperative to offer a unique experience that helps the platform build a relationship with the customer and create brand loyalty. The integration of Simpl with McDonald’s India will offer an elevated level of seamless online experience to millions of customers. Currently, over 26,000 merchants across the country use Simpl’s 1-tap pay to increase conversions and build trust with new customers.