Rupifi Introduces MUNAFA community platform on MSME Day

 The new offering to democratize access to information for MSMEs

INDIA, 27th June 2022: Rupifi, India’s 1st Embedded Finance company which operates in the B2B Payments space through its B2B Buy Now Pay Later (BNPL) today launched MUNAFA, a community platform to further its vision of helping MSMEs grow.

MUNAFA will serve as a trusted source of information, content and business connections for Indian MSMEs supporting them across every stage of their journey. With its multilingual content, served across a variety of mediums, the platform will provide MSMEs with access to a variety of trusted resources that will enable their day-to-day operations and achieve growth objectives. Topics such as GST/tax filing, benefits of various government schemes, and business opportunities in various clusters/markets. While the platform is currently launching in three languages - English, Hindi, and Kannada, it will be extended to other major Indian languages in the future.Commenting on the launch, Anubhav Jain, Co-Founder and CEO of Rupifi said, “Lack of awareness and inadequate access to information has led to restricted growth of MSMEs segment. It is crucial to bridge that gap for MSMEs to fully realize their potential. At Rupifi, we aim to bridge this gap for businesses with MUNAFA by providing simplified content across various categories to enable greater growth.”

The genesis for MUNAFA came from Rupifi’s customer centric approach and deep engagement with thousands of MSME customers across diverse geographies and sectors. A common underlying theme surfaced around lack of basic business knowledge ranging from how to set up a company, the compliances therein, availing government benefits, information on financial products, potential business opportunities, among others. Further, Rupifi noted that most sources of information available to MSMEs today are not easily accessible and fragmented. With a one-stop community based platform for MSMEs, Rupifi aims to empower its MSME partners to scale faster. The interactive platform will also help MSMEs leverage shared resources within their peer community.Additionally, the company announced the launch of 2 new products today - B2B Checkout and BNPL for Brands, aimed at strengthening their foothold in the retail and marketplace segments.

Commenting on the timing for this launch, Anubhav said, “Over the last two years Rupifi has  powered more than 100,000+ SMEs across 10,000+ Pincodes in India. We aim to provide B2B Payments and Credit solutions to help more than 5 Million SMEs by 2025. Through our BNPL offering, we have grown 50X in the past 12 months and are confident about the future growth of Digital B2B Commerce in the country. There could not have been a better day than today, the MSME Day, to launch our next set of offerings in the B2B Payments space”

About Rupifi

Rupifi is India’s first Embedded Finance company which operates in the B2B Payments space through its B2B BNPL and B2B Checkout products. Rupifi’s solutions power leading B2B marketplaces in India such as Jumbotail, Retailio, Flipkart Wholesale, Fynd etc. allowing them to offer seamless checkout experience and flexible payment terms to their SMB customers. Rupifi’s vision is to unlock growth by powering B2B commerce. Rupifi is backed by Tiger Global, Bessemer Venture Partners, Quona Capital and Ankur Capital.

  

TTK Prestige progresses with strategic investment and business collaboration deal with Ultrafresh Modular Solutions

• TTK Prestige acquired a strategic stake of over 40 percent in the equity of Ultrafresh

• Ties in with TTK Prestige’s overall goal of becoming a total kitchen solutions brand

• Entry into the INR 9500 crores modular kitchen space is a natural extension for TTK Prestige

• TTK Prestige iBengaluru, 27th June 2022: TTK Prestige, India’s leading kitchen appliances company, today announced the progress on a strategic investment and business collaboration deal with Ultrafresh, an end-to-end modular kitchen solutions provider. TTK Prestige has acquired a strategic stake of over 40 percent in the equity of Ultrafresh to forge a business collaboration between the two companies.The initiative ties-in with TTK Prestige’s overall goal of becoming a total kitchen solutions brand.

At a press conference held in Bengaluru, the company revealed that the business is well on its way to achieving double-digit growth, having made in-roads through innovative products in multiple categories such as cookers, cookware, gas stoves and appliances.

As a leader in the kitchen appliances space, making an entry into the INR 9500 crores modular kitchen industry is a natural extension for TTK Prestige as a brand. This is a significant move, as it makes TTK Prestige a unique player equipped to offer kitchen appliances and modular kitchens all under one roof. It is estimated that the Indian modular kitchen market will grow at a CAGR of 20 per cent during 2021-2026 and will hit INR 23000 crores in the next 5 Years

As part of the business collaboration, Ultrafresh Modular Solutions has opened their first experience centre in Koramangala, Bengaluru. With multiple designs of kitchens on display at the 2700 sq feet store, customers can get a first-hand glimpse and choose from the vast array of modular kitchens to suit their unique requirements. Ultrafresh pioneered steel kitchens in India and screwless cabinets. Currently, the brand has 120 studios and they have manufactured 5000 kitchens across the country.s now a unique player equipped to offer kitchen appliances and modular kitchens all under one roof

• Ultrafresh launches 2700 sq.ft. experience centre under the brand ‘Ultrafresh powered by Prestige’ in BengaluruBengaluru, 27th June 2022: TTK Prestige, India’s leading kitchen appliances company, today announced the progress on a strategic investment and business collaboration deal with Ultrafresh, an end-to-end modular kitchen solutions provider. TTK Prestige has acquired a strategic stake of over 40 percent in the equity of Ultrafresh to forge a business collaboration between the two companies.The initiative ties-in with TTK Prestige’s overall goal of becoming a total kitchen solutions brand.

At a press conference held in Bengaluru, the company revealed that the business is well on its way to achieving double-digit growth, having made in-roads through innovative products in multiple categories such as cookers, cookware, gas stoves and appliances.

As a leader in the kitchen appliances space, making an entry into the INR 9500 crores modular kitchen industry is a natural extension for TTK Prestige as a brand. This is a significant move, as it makes TTK Prestige a unique player equipped to offer kitchen appliances and modular kitchens all under one roof. It is estimated that the Indian modular kitchen market will grow at a CAGR of 20 per cent during 2021-2026 and will hit INR 23000 crores in the next 5 Years

As part of the business collaboration, Ultrafresh Modular Solutions has opened their first experience centre in Koramangala, Bengaluru. With multiple designs of kitchens on display at the 2700 sq feet store, customers can get a first-hand glimpse and choose from the vast array of modular kitchens to suit their unique requirements. Ultrafresh pioneered steel kitchens in India and screwless cabinets. Currently, the brand has 120 studios and they have manufactured 5000 kitchens across the countryMr. T T Jagannathan, Chairman of TTK Prestige said: “As a business, we are proud of the solid all-round performance that TTK Prestige has delivered. We are committed to growing our presence in the kitchen space. This means that we are always thinking outside the box and are pleased to go the extra mile to add value to the lives of our customers. Interestingly enough, we have seen strong demand for innovative and premium products. This is aligned with our commitment to innovation as a business and our desire to provide home cooks with products that elevate their cooking experience.’’

Mr. Chandru Kalro, Managing Director, TTK Prestige said: ‘’It is said that when two powerful and driven brands come together, they create a formidable force. That is precisely what we have done with this partnership. This initiative is reflective of our long-term vision of owning the entire kitchen space. For over six decades, our valued customers have come to rely on us as their kitchen appliances brand of choice. Today, we are pleased to go above and beyond by being a one-stop shop for all things related to the kitchen. We are committed to taking Indian kitchens on a journey of transformation, though our total kitchen solutions offerings.’’

Mr. Dhruv Trigunayat, Chief Executive Officer, Ultrafresh Modular Solutions Limited said: “We are very honoured to join hands with an esteemed organization like TTK Prestige. Ultrafresh from the very beginning has come to the market with the ambitious vision of becoming the No. 1 modular kitchen brand in India, and this ambition could not have found a better partner than TTK Prestige. With obvious business synergy at product, channel, and infrastructure level, and mentorship from the team that has sustained market leadership for decades, together as Ultrafresh powered by Prestige, we are best placed in the industry to make the kitchen space our own. We are filled with energy and enthusiasm, and hope that both organizations derive the most value from the partnership.”

About TTK Prestige (www.ttkprestige.com)

TTK Prestige Limited is part of TTK Group. Over the past six decades TTK Prestige has emerged intoIndia’s largest kitchen Appliances Company catering to the needs of home makers in the country.Every Prestige product is built on the pillars of safety, innovation and trust, making the brand thefirst choice in millions of homes. In April 2016, TTK Prestige launched ‘Prestige Clean Home’, a rangeof innovative home cleaning solutions

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Sevenchats Launch

 Sevenchats is an application that is out to make social media great again. Create and share content that mindfully informs, inspires and entertains. Connect with likeminded people on a platform that prizes trust and respect above all else. Share what you’re thinking and feeling through popular posting formats like shouts, articles, chirpy’s and photo galleries across multiple media formats. Stay connected through direct messaging, groups and events. Redeem worthwhile prizes with points earned through meaningful interactions on the platform. Buy and sell merchandise from fellow community members on Sevenchat’s marketplace. What makes Sevenchatsthe social media app to be on? ● A one-stop platform for popular posting formats across multiple languages ● Trust: Sevenchats will never share your data to third-party entities at any time ● An uplifting, positive environment through a strong content moderation policy

Features you cannot miss: ● Rewards: Interact on the platform to earn points and redeem memorable rewards ● Marketplace: Specially for peer-to-peer transactions among community members only We’re all about giving out best to the community: ● Get your daily dose of motivation with our ‘thought for the day’ feature ● Stay updated on the latest events through leading news outlets ● Feel the pulse of your community on issues with our poll option If you are looking for an online community where you truly belong, a platform that respects and cherishes all its users, and brings out the best in everyone, download Sevenchats today!Functionality: Tell your story, your way A one-stop platform for host of popular posting formats and language settings Your data is safe with us We promise to never sell or share your data to third-parties at any point in time Good vibes only: Our strict content moderation policy means a safe haven for all Shouts: Let people know what you are up to in 150 characters or less! Articles and chirpy: When 150 characters might just not be enough Thought for the day: Begin your day with a daily dose of inspiration! Direct messaging: For the conversations that matter News portal: Timely updates around the world by leading news sources Forums: Bringing together like-minded people Polls: Get people’s take on the latest hot topics in no time Gallery: Specially for those special shutterbug storytellers! Event: A must-have feature for inviting and informing  people about events. Rewards: Achieve milestones, earn points, and redeem substantial rewards Public Service Links :The Public Service Links page presents us with contact details of the offices of public service officials, reputed NGOs, volunteer organisations, and other civic service bodies that can aid us in furthering our concerned cause in the best way possible.Marketplace: Peer-to-peer transactions among community members only

GM Modular brings the best of home electrical products to EL Asia 2022 - Bengaluru “ June 24th - 26th, 2022, Bengaluru

 GM Modular is one of the fastest growing switches and home automation company in India. GM offers a wide range of revolutionary products like new generation switches, home automation solutions, LED lights, Fans, Bluetooth music player and much more with the aim of bringing comfort and convenience in every home. The brand recently launched a new range of fans and plans to add more home appliances and electrical products in the near future. GM Modular’s state-of-the-art manufacturing facilities spread across the country ensures product of the highest quality.

 

GM recently participated in the most recognized EL Asia Exhibition in Bengaluru from 24^th June - 26^th June 2022, which took place at Bangalore International Exhibition Center. GM was one of the most exciting brands here as it showcased the latest trends and innovation in the home electrical space. From stunning designs in switches to fans that have won recognition around the world like the <IF design award> and <Red dot award>

 

Speaking about it, Jayanth Jain, GM’s MD and CEO said, “Over the years GM has added a varied range of home electrical products to its portfolio and we want our consumers to experience them all at one place. Today we are a one-stop-solution for all your electrical needs. Right from wires and conduit pipes to switches and home automation solutions, we have it all. EL Asia was a perfect platform for us to showcase our range and more importantly some of the recently launched products to the end consumers and as expected we received extremely positive response from people in Bengaluru

The famous interior Designer of Banglore, CEO of  “Karighar” Mr Abhishek Chedda pays a visit to the GM stall at EL Asia expo. This is what Mr Chedda had to say  “Had an amazing experience visiting the GM stall, I could find so many innovative and fresh ideas that can totally change the way our homes and offices look. Its contemporary, stylish and yet affordable. Its truly time to ‘Switch to a better world’

  

GM Modular is proud to have spread the GM lifestyle across the country with more than 30000 stores and 14 exclusive GM Showrooms .  All this is backed by exceptional customer service and an after after sales team that ensures maximum customer satisfaction.

For more details, visit www.gmmodular.com.

LaLiga Boost lends support to LaLiga clubs’ Internationalization and Growth Strategies

 Sevilla FC concludes a five-day visit to Bengaluru, India to explore opportunities and meet existing and potential partners as part of it’s growth strategy

Bengaluru, 10 June 2022 – A Sevilla FC delegation, led by Club President José Castro and General Director, José María Cruz and Business General Director, Jorge Paradela, recently visited Bengaluru, India to consolidate it’s brand presence in the country. The move from Andalusian football club follows a massive growth program by LaLiga called ‘LaLiga Boost’ which was initiated after the strategic agreement with CVC involving 1.9B euros being invested into Europe’s top football league. With Sevilla FC’s Internationalization Strategy and the potential FC Bengaluru  United, the talent and the country has for becoming a football superpower in Asia, the visiting delegation              participated in various activities including meetings with heads of Indian and international companies through the five-day visit, and ended it with participation in a special Extra Time event by LaLiga India today. The event, in        collaboration with the Indo Spanish Chamber of Commerce and Embassy of Spain, was also attended by Ms.           Surbhi Sharma, Honorary Consul of Spain in Bangalore and Mr. Gaurav Manchanda, Owner, FC Bengaluru United.

 Through LaLiga Boost, the Spanish league is supporting all its 42 clubs with cash injections dedicated to promoting global growth through stadia and infrastructure development, technological advancement and brand internationalization. Sevilla FC has been a key part of this strategy and with it’s technical, business and technological expertise, has decided to invest in India for partnerships beyond just traditional methods. The visit to India and footing established here in this time has allowed the club to understand more about the Indian football and sports culture, while imparting this expertise to business and administrative experts in the country to make a positive impact at the grassroots level.

 José Castro, President, Sevilla FC, said, “Our visit to India has been very fruitful and we are thankful to all the companies and people we met here who helped us understand the opportunities and avenues we can explore in this beautiful country. We were always aware of the potential India presents seeing LaLiga’s work here and this visit gave us even more confidence in our focus of our Internationalization Strategy. The one thing that was clear to us over the course of these five days was the passion Indians have for football and we are more committed than ever before to consolidate and grow the Sevilla FC brand here.”

 Commenting the visit, Jose Antonio Cachaza, Managing Director, LaLiga India, said, “It gives us immense pleasure to see Spanish brands, specially those with as strong history and expertise as Sevilla FC, recognising the potential in the Indian football ecosystem. One of our key focus areas since establishing presence here has been to showcase the prospects the country offers to all our global and Spanish partners and bridge the gap. LaLiga Clubs like Sevilla FC have the opportunity like never before now, with the LaLiga Impulso (Boost) project, to expand their presence globally and we are looking forward to supporting them in their strategy.” 

 About LaLiga

LaLiga is a global, innovative and socially responsible organisation which is a leader in the leisure and entertainment sector. It is a private sports association composed of the 20 public limited sports companies (SADs) and clubs of LaLiga Santander and the 22 of LaLiga SmartBank, and is responsible for organising professional football competitions in Spain. LaLiga is the football competition with the most social media followers in the world, with over 150 million followers across 17 platforms in 20 different languages. With its headquarters in Madrid (Spain), it is present in 41 countries through eleven offices and 44 delegates. The organisation carries out its social work through its Foundation and was the world's first professional football league to establish a league for intellectually challenged footballers: LaLiga Genuine Santander.

During the visit, Sevilla FC participated in several different activities to increase engagement with top football and business administrators from India, starting with launching the FC Bengaluru United’s women’s team, which was a step forward by the Indian club based on Sevilla FC’s experience in the arena. Following this, the LaLiga side visited one of India’s foremost technology companies, Infosys pertaining to Sevilla FC’s focus on technological innovations, research and development and usage of data. The ‘Football Hackathon – Data Driven Players Performance Assessment’ which is a joint initiative by Sevilla FC and FC Bengaluru United was also launched on 10^th June 2022 in Bengaluru. The final part of their visit, on 11^th June 2022, will see a development tournament called the ‘Sevilla FC Junior Cup’ take place at HAL Grounds. Aside from these activities, the Spanish delegation got the opportunity explore the Indian and Bangalorean culture by visiting historic and cultural spots across the city.

 

25th Edition of Bengaluru Tech Summit to be ‘truly global’, with participation from 48+ countries

• BTS returns in its physical avatar with ‘bigger, better, more impactful’ conclave 
• 200+ global technology leaders to enthral audiences with their insights at BTS 2022 
• GIA Partner countries to conduct 16 sessions  
• US-India Tech Conclave to be held physically for the first time during BTS 
• Immersive Exhibition showcasing innovation with 400+ exhibitors from India and abroad 
• 100+ disruptive sessions on technology 

 

Bengaluru, 8^th June 2022: The 25^th edition of Bengaluru Tech Summit will be back in its physical format at Bangalore Palace from 16-18 November this year after the two successful virtual editions held during the pandemic period. This year the event promises to exceed expectations with a never-seen-before scale and unprecedented global participation. Dr. C. N. Ashwath Narayan, Hon’ble Minister for Electronics, IT & Bt, Science and Technology, Higher Education, Skill Development, Entrepreneurship and Livelihood, Government of Karnataka, announced today while addressing the media. 

 

Riding on the success of BTS 2021, high-level international government and industry delegations from leading tech nations is expected this year. The press meet was conducted today to officially launch and acknowledge the participation of Global Innovation Alliance partners for the Summit. The meet was attended by representatives of more than 16 countries and Consul Generals / Deputy High Commissioners from eight countries - Australia, Canada, Denmark, France, Germany, Israel, Switzerland and UK. The representatives shared an overview of participation expected at BTS 2022 from their respective countries and shed light on some potential speakers for BTS. For the first time countries like Italy, Austria, Poland participated in the pre-cursor event to BTS

2^nd edition of US-India Tech Conclave was also announced by US India Business Council (USIBC). It is expected that the delegation led by USIBC will participate in the 2-day conclave focussing on Deeptech, HealthTech, Metaverse and Start-Ups during BTS 2022.  

 

Speaking at the event on Bengaluru Tech Summit 2022 and Global Innovation Alliance (GIA),
Dr. CN Ashwath Narayan, Hon’ble Minister for Electronics, IT & Bt, Science and Technology, Higher Education, Skill Development, Entrepreneurship and Livelihood, Government of Karnataka, said, “We usher in a new era, with Bengaluru Tech Summit celebrating 25 years. Over the years BTS has provided an impactful platform to bring together the best minds in technology. The flagship conclave has become synonymous with innovation, as industry, academia and policymakers come together to inspire, collaborate and fuel next wave of transformative technologies.Our association with GIA is a critical cog to drive multi-lateral collaboration between countries. We strongly believe that our association will help reach technology beyond large cities and make ground-level impact benefiting millions.” 

 

Speaking at the event, Dr. E.V. Ramana Reddy, Additional Chief Secretary, Department of Electronics, IT, Bt and S&T, Government of Karnataka said “The Bengaluru Tech Summit has created an unparalleled legacy and the flagship conclave has become the platform of choice for global tech leaders to congregate. Our association with the GIA partners has been a key driving force and we look forward to a collaborative future together. This will help create new opportunities and help drive the next wave of innovation.” 

 

The Press Meet was also addressed by Shri Kris Gopalakrishnan, Chairman, Vision Group on Information Technology, Govt. of Karnataka; and Dr. E. V. Ramana Reddy, ACS, Dept. of Electronics, IT, Bt and S&T, Govt. of Karnataka. 

 

The theme for BTS 2022 is Tech4NextGen which will aim to showcase technology relevant for the next generation being portrayed. The countries are expected to participate in the following ways: 

 

1. Participation from high level government and industry delegation  
2. GIA partners conducting knowledge session as part of the GIA track 
3. Renowned tech and innovation experts to deliver Plenary /Keynote 
4. Experience centers where countries can showcase latest innovations in technology 
5. Startup booth for showcasing their products and innovation 

 

BTS 2022 is driven by members of Karnataka’s Vision Groups on IT, Biotechnology and

Start Ups. BTS is the only event in India which has brought together leading cross sectoral industry organizations like NASSCOM, IESA, ABAI, ABLE, TiE, Indo American Chamber of Commerce, USIBC and AMCHAM on a common platform. 

 

About Global Innovation Alliance:  

Global Innovation Alliance was launched in 2017 with an aim to tap the mammoth potential and growth of technology and innovation across the globe. This was also an opportunity to ensure State of Karnataka is provided an opportunity to showcase its strengths as part of this global tech revolution. This platform has grown over the years with mutual projects being implemented with countries like Australia, Finland, Germany, Netherlands, Japan, Switzerland, UK among others. Cumulatively, interactions with 30+ countries have been conducted, Government of Karnataka has played host to more than 150 GIA delegations, 10 outgoing delegation visits by GoK representatives have been conducted, 50 projects with 30+ partner countries have been conducted, 12 GIA Tech Engagement Meets have been jointly organized, 2000+ Startups have benefitted and 10+ academic institutions have been engaged with GIA partners. 

India’s first steel doors showroom opened in Bengaluru - Aacess Tough Doors

   Aacess Tough Doors takes pledge to protect environment by replacing wood with steel

Bengaluru, June, 2022: Aacess Tough Doors, the only dedicated manufacturer of steel doors in the country, today opened India’s first ever steel doors showroom in Bengaluru. The showroom, located near to Yelahanka Junction in the Garden City, was inaugurated. Mr.MdRafe, Chairman, Aacess Tough Doors, and Mr.Shariqh, CEO have participated. Aacess Tough Doors showcases more than 50 models of doors in addition to many windows designs.

To mark the occasion, promoters took a pledge to protect the environment by saving 200,000 trees in the next three years, by replacing wooden doors and windows with steel frames and shutters. Aacess Tough Doors manufactures wooden finished steel doors and supplies across the globe. Doors and windows manufactured using steel are sturdy and long-lasting, with no or low maintenance, weatherproof, scratch proof, more secured, easy to install with pre-fixed hardware and yet are not as expensive as wooden teak doors.

Commenting on the pledge, Mr.Shariqh, CEO, Aacess Tough Doors said, “In India, each year 150,000 residential buildings are getting constructed for the past three years, and these require about 1,500,000 doors and windows per annum. At least two tree trunks are cut to manufacture each door, and one tree trunk is cut to manufacture a window. At this average, each year household needs lead to deforestation of about 2,500,000 trees every year. On this International Environment Day, we at Aacess Tough Doors launched the #SavetheTrees campaign to protect our environment.”

The Bengaluru showroom is launched in collaboration with Horizon Automations, which will function as the distributor for the entire Karnataka region. Aacess Tough Doors aims to have a huge dealer network across the country to supply about 100,000 units in the coming three years, which will replace the traditional wooden doors and windows with wooden finished steel doors that will save at least 200,000 trees

.Aacess Tough Doors has the most advanced manufacturing facility with world class CNC machinery from Japan and wooden finish sublimation machinery from Europe. The company currently has a manufacturing capability of 150 doors and windows per day, which will be enhanced to 1000 doors and windows per day soon.