Tag: Chief Business Officer

News

Priyanka Chopra Jonas’ Favourite Max Factor Introduces its Breakthrough Makeup Portfolio to the Indian Market

Jul 15, 2024 by Mansi Praharaj 0 Comments #Amazon, #Boddess, #Chief Business Officer, #color cosmetics, #Colour Elixir Velvet Matte Lipstick, #Coty Inc (NYSE: COTY) (PARIS: COTY) (“Coty” or the “Company”), #Coty Southeast Asia and India, #Facefinity All Day Flawless Foundation, #Facefinity Compact Foundation, #fragrance, #House of Beauty, #Kristina Strunz, #Managing Director, #Masterpiece 2 in 1 Lash Wow Mascara, #Max Factor, #Max Factor in India, #Max Factor’s global bestsellers, #Myntra, #Priyanka Chopra-Jonas, #Sanjali Giri, #Shoppers Stop, #skin and body care, #store chain, #Tata Cliq, #The Global Bestseller Collection

Coty accelerates footprint in India with the launch of Max Factor, partnering with House of Beauty to provide unparalleled access to Max Factor’s global bestsellers

Max Factor - Priyanka

Mumbai, 15th July 2024: Coty Inc (NYSE: COTY) (PARIS: COTY) (“Coty” or the “Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, is pleased to announce the launch of Max Factor in India. In partnership with specialty beauty retailer House of Beauty and featuring global superstar Priyanka Chopra Jonas as the brand’s Global Ambassador, Max Factor will be unveiling its complete range of global bestsellers in India for the very first time, marking another exciting milestone in this dynamic market.

Known as the original Hollywood makeup brand, Max Factor is celebrated for its rich heritage of innovation. Max Factor has led makeup artistry for over a century with the introduction of iconic cosmetic innovations such as the first ever makeup for film, the debut of concealer sticks, the first wand mascara, and the original lip pomade, now known as lip gloss. This legacy of setting benchmarks in makeup technology continues to define Max Factor’s contemporary offerings, influencing industry trends and captivating makeup artists and beauty enthusiasts worldwide.

“Max Factor is entering a new era of exciting growth in India,” announces Kristina Strunz, Managing Director, Coty Southeast Asia and India. “We are thrilled to bring our best-selling products to the Indian market, with Priyanka Chopra Jonas leading the charge as our global brand ambassador. With Max Factor’s commitment to inclusive, durable, and high-quality makeup, we are confident these products will become a staple in the beauty routines for our Indian customers. This launch signifies our long-term commitment to not only strengthening Max Factor’s global presence but also to providing exceptional beauty experiences to consumers worldwide.”

“We’re thrilled to welcome Max Factor to the House of Beauty family of brands,” says Sanjali Giri, Chief Business Officer, House of Beauty. “Max Factor is bringing its ground breaking portfolio at powerhouse prices for the Indian market. We are committed to making the brand highly discoverable and accessible, reaching a wider audience of discerning makeup lovers across the country. This partnership stays true to our mission of bringing the world’s best beauty brands to our consumers. Together with Coty, we are confident Max Factor will achieve phenomenal growth and success in India.”

As part of its expansion, Max Factor is introducing its award-winning global bestsellers such as the Facefinity All Day Flawless Foundation with Climate Proof Protection; Masterpiece 2 in 1 Lash Wow Mascara with a twistable wand for customized lash looks; and the cult classic Colour Elixir Lipsticks. These products are already available on leading e-commerce platforms such as Amazon, Myntra, Boddess, and Tata Cliq, and have made their debut in brick-and-mortar stores in the country through its partnership with the leading department store chain, Shoppers Stop. Additionally, the brand will be available at all key beauty retailers in the coming year, ensuring broader accessibility and reach.

The Global Bestseller Collection

Facefinity All Day Flawless Foundation

Facefinity All Day Flawless Foundation: Offers a radiant, airbrushed finish with waterproof, heatproof and humidity-resistant features, ideal for the Indian climate. This foundation, complete with SPF20, also shields against blue light and pollution. Its lightweight and breathable vegan formula combines a primer, concealer and foundation for up to 30 hours of wear.

Masterpiece 2 in 1 Lash Wow Mascara

Masterpiece 2 in 1 Lash Wow Mascara: Features a twistable brush for customized lash volume and length. Its easy-to-use design ensures flake-free, clump-free and mess-free application, reaching the innermost lashes effortlessly. The formula is enriched with vitamin E, in a vegan, water resistant formula, suitable for sensitive eyes. Choose between two looks: lengthened for separation, or volumized for a lift – pick your wow effect!

Facefinity compact foundations

Facefinity Compact Foundation: Delivers flawless coverage with the convenience of a powder. This vegan formula, infused with SPF 20, offers all-day hydration and a lightweight feel, perfect for touch-ups on the go. Experience the perfect balance of coverage and comfort with Facefinity Compact Foundation.

Colour Elixir Velvet Matte Lipstick

Colour Elixir Velvet Matte Lipstick: This full-colour kiss-proof lipstick range delivers intense colour and a satin- matte finish while keeping lips moisturised. Available in 9 shades, the formula is enriched with emollients, antioxidants, and Vitamin E.

About Max Factor:

One of the world’s pioneering cosmetics companies, Max Factor was founded at the beginning of the 20th century by the eponymous Polish-born cosmetician. Throughout Hollywood’s Golden Age, Max Factor was known for creating the signature looks of the era’s most famous icons such as Marylin Monroe, Ava Gardner, Jean Harlow and Marlene Dietrich. The make-up products and techniques Max Factor created for the movie industry and his Hollywood clients earned him an Oscar, but his guiding philosophy was that any woman could look incredible given the right tools and make-up artistry skills. From mascara to foundation, eye shadow to lipstick, Max Factor put the transformative tools for make-up artistry into the hands of every woman, enabling her to radiate beauty every day. Today, Max Factor continues to help people everywhere maximise their unique potential by putting its expertise into their hands. Creating easy-to-apply, inspiring products with good-for-you skincare ingredients, our core belief is that you should never settle for anything less than your best self.

Business

Acer announces all new Predator Helios 500 gaming laptop with 4K Mini LED panel

Dec 6, 2021 by Rekha Nair 0 Comments #Acer India, #Chief Business Officer, #Sudhir Goel

Hyderabad/Bengaluru: Acer, the leading global PC brand today announced the launch of Predator Helios 500 armed with desktop caliber gameplay 11th Gen Intel Core i9 processor with up to 5.01 GHz on multiple cores and NVIDIA GeForce RTX 3080. Other key highlights of the latest Helios 500 include 4K Mini LED 120Hz display, 5th Gen AeroBlade 3D Fan Technology, Predator Pulsar lighting, patented mechanical MagTek Switches, Thunderbolt 4 USB-C ports, and DTS: X® ULTRA surround sound system for an exceptionally high-performance and immersive gaming experience.

The Predator Helios 500 is specially designed for the hardcore gaming enthusiast who demand fast-paced, skill-based matches against other players. Starting at just Rs. 3,79,999 this beast of a machine can tackle most of the graphically demanding games out there.

Speaking on the launch Sudhir Goel, Chief Business Officer, Acer India said “With new advances in the industry, gamers today demand life-like gaming experience both in terms of sound and graphics. At Acer, we are constantly work towards elevating their experience and design products that are geared to thrill. We are elated to introduce the new powerful Predator Helios 500 to our Indian gaming community and provide desktop caliber performance with seamless and immersive gaming action.”

TAKE A LOOK INSIDE

The Predator Helios 500 (PH517-52) boasts up to an overclockable 11th Gen Intel Core i9 processor, NVIDIA GeForce RTX 3080 Laptop GPU and 64 GB of DDR4 3200 MHz memory, giving players more than enough power to take on all of the latest titles, while a pair of PCIe NVMe SSDs in RAID 0 and one SATAHDD means that the notebook has plenty of space for the next generation of games, too.

COOLING PERFECTED

All of this power is supported by a suite of premium cooling technology, including Acer PowerGem, a custom-engineered technology made from a metal-alloy polymer that sits on top of the CPU and serves to distribute the heat it generates throughout the device. Acer’s Vortex Flow technology leverages two fans, including a 5th Gen AeroBlade 3D Fan, to redirect airflow to critical components and boost performance during heavy gaming sessions.

SEE THINGS DIFFERENTLY

It features a 17.3-inch display with 4K Mini LED 120 Hz powered by AUO AmLED technology that supports Full-array local dimming for the best color saturation and contrast. The HDR comes alive as the 512 backlight zones make it possible to reach VESA’s DisplayHDR 1000 specification. Games, movies, and whatever’s on-screen – all benefit from OLED-like levels of contrast and brightness.

ALL LIT UP with new WASD

With PredatorSense, users can activate the Predator Pulsar and customize the light cluster to personalize their keyboard through per-key RGB backlighting. In addition, the WASD key assembly can be enhanced with Acer’s patented MagForce keys, both of which feature a MagTek mechanical switch to turn the keypress function into a joystick mechanism. This allows gamers to gradually increase pressure on the key for precise control over the character’s / car’s speed – from the intial (0.8 mm), press all the way to full speed at 100% (3 / 3.1 mm) actuation.

COMPLETE COMMAND

With four modes to choose from Quiet, Default, Extreme, and Turbo, the custom utility app allows users to monitor the system, overclock, customize RGB preferences, and much more. All this is within a personalized, intuitive interface geared around maximising your system’s potential.

PORTS APLENTY

To give players even further control, the Helios 500 includes multiple ports: one HDMI 2.1, one mini-DP1.4, two USB Type-C Thunderbolt 4, three USB 3.2 Gen2 ports that support offline charging, and oneRJ45 port. An Intel Killer E3100 Ethernet Controller, Intel Killer Wi-Fi 6 AX1650 and the Killer Intelligence Center provide gamers with better connectivity and lower latency.

DTS:X ULTRA

Turn any pair of headphones or speakers into a high-end 360° surround sound system – enabling users to experience favourite movies, music, and games with real-world spatial sound.

PLANET 9 – MASTER YOUR PLAY

Jumpstart the eSports journey and climb the tiers through matchmaking, honing skills via intelligent game stats, and taking part in leagues and tournaments

gaming

Sportz Village Xp organizes Red Bull Shuttle Up 2021, resuming brand-led sports programs post-pandemic

Dec 1, 2021 by Rekha Nair 0 Comments #Chief Business Officer, #Mr. Parminder Gill, #Sportz Village Xp

Sportz Village Xp, India’s premier sports management company successfully organized the third season of Red Bull’s women’s double badminton championship program called ‘Red Bull Shuttle Up’. Shuttle Up is India’s first exclusive women’s double badminton open championship program and serves as a platform for budding female badminton players (age category 16+ years) to showcase their skills.

Sportz Village Xp has had a long-established partnership with Red Bull since 2018 and this is the third consecutive year wherein the company has envisioned and executed the badminton tournament for Red Bull. In 2020 when the pandemic hit, the entire country was under lockdown due to which all the sports events had halted. Post the COVID lockdowns, the Shuttle Up 2021 program marks the resumption of brand-led on-ground sports activation.
With the growing popularity of the sport be it viewership or participation, Red Bull Shuttle Up, India’s first-ever exclusive women’s doubles tournament, aims to further boost and improve participation and popularity amongst aspiring women players.

Speaking about the Shuttle Up 2021 Mr. Parminder Gill, Chief Business Officer, Sportz Village Xp, said, “Sportz Village Xp has a long-standing partnership with Red Bull since 2018, and this is the third successive year of conceptualizing and organizing the event. Brand Red Bull believes in the power of live sports programs to engage youth, and Shuttle Up was specially curated keeping the brand’s cause in mind that is to encourage young girls to participate and scale their game. Post pandemic, we are elated to be back on the ground with our partner brand Red Bull and engaging young audiences in sports.”

Adhering to all COVID and government-regulated protocols, this year’s event was conducted in five cities Mumbai, Delhi, Hyderabad, Guwahati, and Chandigarh. For the tournament, Sportz Village Xp ensured maximum participation by driving registrations in schools and colleges across major cities. With the action-packed season, the National finals were conducted at the Thyagaraj sports complex in Delhi. The winners of the tournament also got a chance to play against Ashwini Ponnappa, one of India’s best doubles badminton players as she is the face of the program.

Sportz Village Xp has been very actively organizing and managing many such customized Experiential Sports Marketing programs for leading brands like Boost, Tata Tea, Reliance Foundation, Skoda, and more.

Business, News

Acer launches Predator Helios 300 gaming laptop with the powerful new 11th Gen Intel Core processor upto NVIDIA RTX 3070 Graphics card and blazing fast 360Hz display

Aug 18, 2021 by Rekha Nair 0 Comments #Acer, #Acer India, #Chief Business Officer, #Predator Helios 300 gaming laptop, #Sudhir Goel

Bengaluru: Acer, the global PC brand today announced the launch of its Predator Helios 300 laptop in India equipped with 11th-generation Intel Core H-series processors with upto 4.6 GHz, 8 cores and 16 threads and upto NVIDIA GeForce RTX 3070 GPU. Other key highlights of the latest Helios 300 laptop include and FHD IPS 360Hz / QHD IPS 165Hz display, Thunderbolt 4 port, high-speed boost with PCIe Gen 4 SSD of total 1TB capacity for an exceptional sequence of high-performance gaming experience.

The Predator Helios 300 is designed for gamers who want a machine that can handle the demands of the latest AAA games and streaming. Starting at just Rs. 129,999, this gaming go-getter can tackle the most demanding games with ease.

Speaking on the launch Sudhir Goel, Chief Business Officer, Acer India said, “With Acer’s innovation powered by the 11th Gen Intel® Core™ H-series processors, we push the limits on laptop performance for amazing gaming experiences. At Acer, we believe in elevating the journey of gaming enthusiasts continually by introducing innovations to our product lineup. The new Predator Helios 300 is yet another step in this direction. We are pleased to bring this to our Indian gaming audience which will prove to be the perfect upgrade for the gamers.”

POWERED UP PERFORMANCE

The Predator Helios 300 has the power to dominate any game with top-of-the-line hardware using the New 11th Gen Intel Core i7 processor combined with the new Ray Tracing Cores & 3rd Gen Tensor Cores powered by Ampere —NVIDIA’s 2nd gen RTX architecture backed by up to 32GB fast DDR4 RAM gives gamers plenty of power to play AAA titles with ease.

COOLING EVOLVED

The Helios 300 employs Acer’s Vortex Flow cooling design, featuring a triple-fan cooling system, including a 5th Generation custom-engineered AeroBlade™ 3D Fan, to redirect airflow to critical components and maximize performance, no matter the task. And when the going gets hot, Predator CoolBoost™ gets going. Fan speeds increase based on generated heat, keeping critical areas continually cooled.

ONE SPEED: FAST

The Helios 300 runs on Windows 10 Home and features Full-HD IPS display with blazing fast 360Hz refresh rate or Quad HD IPS panel with high-speed 165Hz display refresh rate options. The display option also comes with a 100 percent sRGB color gamut. The 3ms overdrive response makes this laptop into high gear a tear-free, seamless experience with minimal ghosting.

BRING ON THE GAME:

The 4-zone RGB customized keyboard uses its Predator typeface, has see-through concave-shaped keycaps for WASD, and features two integral keys to take note of Turbo and PredatorSense™. The utility app allows you to monitor your system, overclock, customize RGB preferences, and much more.

LESS LATENCY, MORE VICTORY:

The Acer Predator Helios 300 gaming laptop has Killer’s E2600 Ethernet Controller, Killer Wi-Fi 6 AX1650i and Control Center 2.0 for reduced latency while gaming.

DTS: X® ULTRA:

Turn any pair of headphones or speakers into a high-end 360° surround sound system – enabling users to experience favorite movies, music, and games with real-world spatial sound. This helps create a wide expansive sound stage centered on the listener with improved harmonics for both mono and stereo.

PORTS APLENTY:

Plug all peripherals into the full range of ports, including HDMI 2.1, MiniDP, THUNDERBOLT™ 4, and the newest USB 3.2 standard with Gen 1 and 2 (offline charging) support.

MASTER YOUR PLAY:

Planet9 is an eSports platform unlike any other – filled with a community of like-minded gamers, from honing skills at gaming via game stats and taking part in leagues and tournaments.

Pricing and Availability

The Predator Helios 300 will be available on, Acer Online Store, Flipkart, Acer Exclusive stores and other authorized retail stores starting from Rs 1,29,999

Business, News

Acer Encourages All To Live Your World This Acer Day

Jul 30, 2021 by Rekha Nair 0 Comments #Acer India, #Chief Business Officer, #Sudhir Goel

New Delhi– The annual Acer Day celebration is back this year and will be held virtually across 10 Asia Pacific regions. Acer Day Sale in India is all ready to begin on August 3rd and it will continue for three days till August 5th. The three-day sale will be available exclusively on Acer E-store. The sale event which features fabulous rewards, promotions, and gifts has been themed ‘Live Your World’ to encourage everybody to make the best of whatever situation they are in.

The biggest offer of the year from Acer gives customers a chance to get laptops at half price, premium laptop bag worth Rs 7800, True Wireless Headset worth Rs 2499 and discount coupons from purchase from Acer India E-store between 3rd to 5th August through lucky draw. On purchase of Acer Gaming laptops from Acer E-store customers gets 3-year warranty + 1st Year Accidental Damage protection and Nitro Gaming Headset Free. On purchase of Acer non-gaming laptops from Acer E-store customers gets 3-year warranty + 1st Year Accidental Damage protection and laptop bag free. To add to this customers also get No Cost EMI on Acer laptops to ensure an easy buying process. Acer is also offering True Wireless Earbuds FREE with Acer tablets. Offers also extends to Air Purifiers which helps to keep your home air pure

“Most of us are encouraged to stay home and reduce social activities. However, we want to tell all our fans that staying at home does not mean you have to be alone. The Acer Day theme of ‘Live Your World’ this year draws inspiration from the belief that all of us can make the best of any situation and continue to live our lives, no matter where we are and what constraints we are under. Technology has broken barriers and enabled people to stay connected even more. We believe music is the best medium to transcend borders and circumstances, that’s why we are inviting the artists to create a special song -Live Your World,” said Andrew Hou, President of Acer Pan Asia Pacific Operations.

Commenting on the special occasion, Sudhir Goel, Chief Business Officer, Acer India on this announcement said, “The year 2021 marks the fifth edition of Acer Day and we invite our customers to join our celebration themed ‘Live Your World’ to. Every year, Acer celebrates with our fans with great offers and products on sale as well as engaging activities. This year we have taken a step further and has brought in our best offers so far across our laptops, tablets, air purifiers, monitors and some great lucky draw prizes. We encourage all of our audience to come celebrate with us and avail our fantastic offers.”

Also, From 6th August 2021 until 30 August 2021, customers who purchase select Acer models from any Acer authorized online store or offline retail shop will be rewarded with 3 years warranty, 1st year accidental damage protection along with No Cost EMI on Acer laptops.

Acer has prepared a series of performances and activities that will go live at 5.30 pm on 7 August 2021 as a platform for everyone to connect simultaneously this year. The livestream of the event can be viewed together by all at Acer Facebook.

Business, News

SBI Mutual Fund to launch SBI ETF Consumption

Jun 30, 2021 by Rekha Nair 0 Comments #Chief Business Officer, #MD & CEO, #Mr. D P Singh, #Mr. Vinay M.Tonse, #SBI Mutual Fund

Mumbai: SBI Mutual Fund today announced the launch of SBI ETF Consumption, an open-ended scheme tracking Nifty India Consumption Index. The new scheme would be suitable for investors who are seeking long term capital appreciation and investment in securities covered by Nifty India Consumption Index. The new fund offer will open on June 30, 2021 and closes on July 14, 2021.

The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

Mr. Vinay M. Tonse, MD & CEO, said: “We believe passive funds are gaining traction around the world and in India as well where investors would like to invest in line with an index. Investments in ETFs are beneficial for those looking to get exposure to a broad range of asset classes at a lower cost.

With the addition of SBI ETF Consumption, we continue to augment to our portfolio of offerings in the passive investment space, in addition to our actively managed funds. I believe SBI ETF Consumption is a good opportunity as India’s potential for domestic consumption is very large and continues to be a strong growth story.”

Mr. D P Singh, Chief Business Officer, said: “Among the passive investment options, ETFs provide many benefits to investors such as diversification, liquidity, low cost, simplicity and transparency. Consumption has grown consistently over the last few decades and is expected to provide value to investors in the long term as well. We will continue to expand our offerings to help investors achieve their investment goals and provide them access to similar fast-growing themes’’.

Nifty India Consumption Index was launched on January 2, 2006 and comprises of 30 companies. The Nifty India Consumption Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector which includes sectors like Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment. The Nifty India Consumption Index is rebalanced on a semi-annual basis.

The scheme would invest minimum 95% and maximum 100% investment in securities covered by Nifty India Consumption Index with up to 5% in Equity Derivatives & up to 5% in Money Market instruments (including commercial papers, commercial bills, treasury bills, triparty repo, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposit, usance bills, and any other like instruments as specified by the Reserve Bank of India from time to time) and units of liquid mutual fund.

The minimum application amount (during the NFO period) required is of Rs. 5,000 and in multiples of Re.1 thereafter.

The Fund Manager for SBI ETF Consumption is Mr. Harsh Sethi who also manages SBI ETF IT and SBI ETF Private Bank.

Business World, News

Myntra doubles down on its customer commitment to the Beauty category with the launch of #1 global brow brand, ‘Benefit Cosmetics’

Jun 21, 2021 by Rekha Nair 0 Comments #Ayyappan Rajagopal, #Chief Business Officer, #Myntra

Bengaluru: Myntra announces the launch of Benefit Cosmetics on its platform. With more than 3,000 Brow Bars worldwide, and award-winning brow products, Benefit is the No. 1 Brow Brand Worldwide*, well-known for its creative packaging, quirky names and innovative beauty solutions, Benefit has swept the world with high quality products and services that remain connected to the brand’s unique DNA. Benefit Cosmetics will be a part of Myntra-Mall, India’s first digital mall offering the brand a unique platform to connect with its consumers right from the launch.

From customer-favourite brow products to mascaras, primers, face color, concealer and lip tints, Benefit has something for everyone.

Founded in 1976 by twin sisters, Jean & Jane Ford, Benefit is currently one of the fastest growing prestige beauty brands in the business with locations in over 59 countries across 5 continents and is part of the world’s leading luxury products group, Louis Vuitton Moet Hennessy (LVMH).

Commenting on the launch, Ayyappan Rajagopal, Chief Business Officer, Myntra, said, “The partnership with Benefit Cosmetics is going to strengthen Myntra’s commitment to offer the best of international beauty products to our brand conscious customers. The association will enhance our proposition, especially in the higher end of the segment. We are delighted to bring millions of fashion- forward customers the access to the best of international range from Benefit Cosmetics.”

“We’re not just in the makeup business, we’re in the feel-good business!” – Benefit describes its place in the world of beauty. Laughter and humor are at the heart of Benefit’s identity. Additionally, thoughtful innovation goes into how its formulas can be easy to apply for everyone. Benefit loves to create a colorful world for its unique products and services that all Benebabes can enjoy with a smile.

Benefit started its India journey in 2012. Today, Benefit is present in 10 cities with 24 doors (offline stores) and 9 Brow Bar Beauty Lounges in India, dedicated to providing a fresh spirit of beauty: a welcome space where Benebabes can gather, gab and glam!

As a part of the Myntra launch, Benefit Cosmetics is offering all ‘Benebabes’ a flat 25% off on all products for just one day on June 22, 2021.

As shoppers in India increasingly become conscious of craftsmanship and selective of the products they use, there is a growing demand for and an evident transition from mass to premium products. Myntra’s association with Benefit offers a stronger proposition in the market to cater to this segment.

The Beauty and Personal Care category continues to gain popularity, and has been growing at over 80% YOY on Myntra. During the pandemic, the category witnessed a 26% surge in demand, of which 30% was registered from T2 and T3 markets, highlighting a strong base of brand conscious customers across these regions. Myntra’s upcoming edition of EORS will offer customers the opportunity to shop from over 500 brands in the beauty and personal care space.

Business World

FREO, the new credit led NeoBank: the future of Banking is here

Jun 10, 2021 by Neel Achary 0 Comments #and Co-Founder, #Chief Business Officer, #Kunal Varma, #MoneyTap

National, June 09th, 2021: FREO is a first of its kind, credit-led Neobank in India that is designed to serve the banking needs of millennials in India and Southeast Asia.For many of its offerings, the company has partnered with banks to bring new solutions to its customers.

FREO’s visionis to bring consumers freedom from non-digital financial services and provide simple, intuitive, and smart ways for people to access credit and manage money with ease on their phones. Through this credit-led Neobank, consumers will have access to financial products such as a credit line, credit cards, EMI cards, deposits & savings, buy-now-pay-later, and other financial utilities, in order to help build their credit profiles, borrow flexibly, save easily, and spend smartly.

MoneyTap -Team

FREO’s parent company started its operations in India with the launch of MoneyTap in late 2016. Its goal was to make credit flexible, convenient, and affordable, all through an intuitive, category-creating product. Since its launch, MoneyTap, in partnership with established banks and NBFCs, has scaled to become one of India’s largest and most successful consumer Fintech companies. Through MoneyTap, FREO has attracted over 11M users to its ecosystem and disbursed upwards of Rs. 4,000 crore in credit along with issuing 175,000 credit cards (in partnership with RBL Bank). Building on their success in India, the company also launched their credit products in Vietnam with an aim to create a strong international presence.

FREO, the new credit led NeoBank

As part of its growth and expansion plans, the team at FREO endeavors to provide value to customers as a single point of access to a variety of financial products throughout their lives. In early 2021, FREO entered the BNPL space by launching an innovative product that enables QR code-based retail store purchases and online transactions.

The COVID-19 pandemic has upturned many aspects of the world in multiple ways and banking has been no different. With a growing demand for convenient and intuitive digital solutions and offline banking becoming crowded and cumbersome, Neobanks have emerged and grown exponentially across the globe. The advantage of Neobanks is in their offering of financial solutions in a completely digital setting using mobile applications, ensuring a smooth and seamless banking experience for users. FREO aims to do this in India, in partnership with other banks and regulated financial institutions, merging the convenience of modern-day solutions with the trust and reliability provided by its partners. Neobanks are able to offer a wide pool of financial products that are easier, quicker, and more compelling, by leveraging state-of-the-art technologies.

Neobanks attract a large number of customers due to the experience they offer, however it becomes difficult to monetize the business without an effective credit engine in place. FREO is a different breed of Neobank thanks to it being credit-led, which means it has a powerful and proven monetization model that enables it to offer customers a completely differentiated suite of products, in a way that hasn’t been successfully done by any other Neobank or consumer fintech company in India so far.

Kunal Varma, Co-Founder, FREO said, “India and SEA, have over a billion digital natives and we understand that the way some of them have accessed financial services in the past will not be the same way in which products of the future will be built. As we embark on this next phase of our journey, we’re proud of the team that we have and are super excited about what lies ahead for us as a Neobank. Please watch out for more product announcements in the weeks to come.”

Renaud Laplanche (Serial Entrepreneur and CEO of two Silicon Valley Unicorns, Advisor to FREO) said, “Globally, there are three types of Neobanks: Payments-led, Experience-led, and Credit-led. The first category makes payments faster, the second makes banking simpler and these two categories already exist in the Indian startup ecosystem. The time is right & the Indian market is ready for the introduction of credit-led Neobanking to make credit more accessible as proven in markets like the USA, Europe, & Brazil. FREO already has a head start in the credit space and with this advantage, they can be the banking platform that caters to the vast middle class while remaining financially sustainable.”

Research has shown that emerging markets like India and South-East Asia are brimming with potential thanks to billions of underbanked young smartphone users who are looking for a banking partner that understands their needs and provides them with relevant financial products. FREO’s vision is to offer them exactly what they are looking for and bring about financial inclusion and accessibility.

Website: www.Freo.Money

Technology

Acer launches Spin 7 – India’s first 5G enabled laptop powered by Qualcomm Snapdragon 8cx Gen 2 5G compute platform

Apr 21, 2021 by Neel Achary 0 Comments #Acer India, #Chief Business Officer, #Sudhir Goel

Hyderabad, 21st April 2021: ACER, one of the leading global PC brands, today unveiled its first-ever 5G enabled convertible laptop Spin 7 in India that offers incredible performance and connectivity, supporting both mmWave and sub-6 GHz frequencies. Powered by the Snapdragon 8cx Gen 2 5G compute platform, the laptop sports a 360-degree hinge that allows users to flexibly switch the screen to comfortably read or typing a document in clamshell mode or taking notes on the device’s touchscreen mode. At just 1.4 kg light and 15.9 mm thin, the device features a stylish magnesium-aluminum alloy chassis for a sleek, professional look. The new Spin 7 delivers up to multi-day battery life without reaching for a power cord. With Windows Hello, users can instantly access Windows 10 devices using fingerprint for added security and convenience.

Speaking on the launch Sudhir Goel, Chief Business Officer, Acer India said, “We are excited to launch our first-ever laptop on the Snapdragon 8cx Gen 2 5G compute platform in India, which enables excellent productivity and portability with multi-day battery life, blazing-fast 5G connectivity, and beyond. An Always On, Always Connected laptop specially designed to deliver a cutting-edge experience keeping up with the modern work-from-anywhere lifestyle, the Acer Spin 7 is a truly future-ready laptop.”

“Now more than ever, laptops have become the quintessential device for personal usage and remote working. At Qualcomm Technologies, we design innovative technologies that enable leading experiences on 5G connectivity.  Our collaboration with Acer to engineer an always connected, 5G-enabled laptop with extreme battery life is a step towards achieving our vision of powerful, secured, and efficient PCs that push the industry forward for global PC users. We are proud that our powerful Snapdragon compute platforms enable 5G future-ready, high-performing laptops that offer great reliability and speed across a wide spectrum of personal and enterprise applications.” said Rajen Vagadia, VP and President, Qualcomm India Pvt. Ltd.

Productivity from anywhere:

The Snapdragon 8cx Gen 2 5G compute platform brings the best of the smartphone to premium ultrathin fanless laptops; with powerful performance and leading efficiency to advance Always On, Always Connected PC experiences. In addition to superior performance and multi-battery life, Snapdragon 8cx Gen 2 5G supports up to multi-gigabit connectivity speeds with 5G and connectivity, premium camera and audio capabilities, enterprise-grade security, and AI accelerated experiences. These features will help you connect, create, and communicate from virtually anywhere.

Connect Anywhere:

The new Spin 7 laptop utilizes the Snapdragon 8cx Gen 2 5G compute platform which supports 5G connectivity across both mmWave and sub-6 GHz frequencies. The speed, low-latency, and independence offered by 5G connectivity mean that the Spin 7 can keep up with the demands of modern work life. As remote work becomes the new norm and workforces become spread out, high-speed 5G connectivity allows users to stay connected for effective productivity on-the-go.

Maximum Portability:

The Spin 7 is a 14-inch convertible laptop designed for modern mobile professionals featuring a magnesium-aluminum alloy body that measures just 1.4 kg and 15.9 mm thin, with a display which covers 100% of the sRGB gamut allowing for vivid and sharp colors. Acer’s 360-degree hinge design lets users use the laptop in multiple modes including tent and tablet mode for the best experience as per application.

More than a Day’s Use:

Spending all day on the move requires a long battery-life, and a 56WH battery along with the leading efficiency of the Snapdragon 8cx Gen 2 5G, the Spin 7 is capable of lasting for up to 29-hours – powering your work and entertainment experiences for extended use! 

Antimicrobial Solutions for a Safer Computing Experience:

The touch screen is covered by a layer of Antimicrobial Corning® Gorilla® Glass. A BPR & EPA-compliant silver-ion antimicrobial agent in the coating on the keyboard, touchpad, and surrounding surface is demonstrated to show a reliably high microbial reduction rate against a broad range of bacteria under the JIS Z 2801 & ISO 22196 test protocol.

Authentic Writing Experience:

The Spin 7 chassis also has an Acer Active Stylus, a rechargeable stylus with 4,096 levels of pressure sensitivity that employs Wacom AES 1.0 to offer users an authentic sketching or note-taking experience on the device’s touch screen.

Protection You Can Trust:

The new Spin 7 sports Windows 10 Pro that includes built-in protections for data, equipment, and people, securing business information and personal identities even on lost or stolen devices. With Windows Hello, users can instantly access Windows 10 devices using fingerprint, which makes it easier and safer to sign into a PC.

Pricing and Availability:

Spin 7 featuring Snapdragon 8cx Gen 2 5G is available from Rs 1,34,999/- on Acer Exclusive store, Acer Online Store and other partner stores.

Technology

Acer Predator Helios 300 gaming laptop with NVIDIA RTX 3060 and 3070 GPUs Launched in India

Apr 19, 2021 by Neel Achary 0 Comments #Acer India, #Chief Business Officer, #Sudhir Goel

Bengaluru, 19th April 2021: Acer, the global PC brand today announced the launch of the its Predator Helios 300 laptop in India equipped with octa-core Intel® Core™ i7 mobile gaming processors and comes with the latest Nvidia GeForce RTX 30 series GPUs for an outstanding combination of high-performance gaming experience.

Acer’s Predator Helios 300 offers the best all-round performance when it comes to gaming. Starting at just Rs. 1,19,999, this slim gaming dynamo can tackle the most demanding games with ease. The slim form-factor packs a punch under the hood with best-in-class hardware including up to 32GB of DDR4 RAM, a blazing fast upto 240Hz IPS display with 3ms response time for smooth gaming, and 3D simulated surround sound with DTS-X Ultra audio fine-tuning. Laptop offers plenty of high speed storage to fill up from your game library. Also, it comes with proprietary cooling solutions with 4th Gen AeroBlade 3D fans for high-efficient cooling while gaming or for consistent performance under high workload. 

Speaking on the launch Sudhir Goel, Chief Business Officer, Acer India said, “Our newest Helios 300 gaming laptops powered by the NVIDIA RTX 30 series graphics cards are all set to redefine gaming experience in the Indian market. With our latest offering, we aim to elevate their gaming experience further and offer unbeatable features at this price for serious gamers who wants to take their gaming to the next level. The laptop offers the perfect blend of high-performance hardware, beautiful crisp fast refreshing screen, ergonomic design for long hours of gaming with outstanding audio. We are proud to bring this to our Indian gaming audience.” 

 

POWER TO DOMINATE

The Predator Helios 300 has the power to dominate any game with top-of-the-line hardware using the New Octa-Core 10th Gen Intel Core i7 processor combined with the 2nd Generation Ray Tracing Cores & 3rd Generation Tensor Cores powered NVIDIA RTX 30 series graphics card backed by upto 32GB fast DDR4 RAM gives gamers plenty of power to play AAA titles with ease. 

LESS LATENCY, MORE VICTORY:

With Killer’s E2600 Ethernet Controller, Killer Wi-Fi 6 AX1650i, and Control Center 2.0, gamers have all the tools that need to clear out the online competition. Gamers deserve the low latency and reliable connection that only Killer networks can provide. 

DTS: X® ULTRA:

Turn any pair of headphones or speakers into a high-end 360° surround sound system – enabling users to experience favorite movies, music, and games with real-world spatial sound. This creates a wide expansive sound stage centered on the listener with improved harmonics for both mono and stereo. 

4TH GEN AEROBLADE™ 3D TECHNOLOGY:

All Predator laptops utilize custom-engineered cooling technology. The latest generation’s new design reduces noise while increasing airflow – allowing gamers to maximise performance, no matter the task. And when the going gets hot, Predator CoolBoost™ gets going. Fan speeds increase based on generated heat, keeping critical areas continually cooled. 

LET’S GO BESPOKE:

The 4-zone RGB customized keyboard uses its own Predator typeface, has see-through concave-shaped keycaps for WASD, and features two integral keys to take note of Turbo and PredatorSense™. Our custom utility app allows you to monitor your system, overclock, customize RGB preferences and much more. 

PORTS APLENTY:

Plug all peripherals into the full range of ports, including HDMI 2.0, MiniDP, and the newest USB 3.2 standard with Gen 1 and 2 support. 

MASTER YOUR PLAY:

Planet9 is an eSports platform unlike any other – filled with a community of like-minded gamers, from the aspiring eSports athlete all the way to the diehard professional. Learn from experienced coaches, meet and match up with gamers of similar skill, or can form their own team. 

Pricing and Availability 

The Predator Helios 300 will be available on Acer Exclusive Store, Acer Online Store and Flipkart starting from Rs 119999.