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Business

Amigo Cyber LLP felicitated with the 18th Asia – Europe Business and Social Forum Award in Delhi

New Delhi (India), September 5: India's best cyber security company, Amigo Cyber LLP, has been awarded the 18th Asia – Europe Business and Social Forum Award from Union Minister Shri Faggan Singh Kulaste (Rural Development and Steel) on 25 August 2022 in Delhi. This mega Summit brought together many businesses, political, and social leaders from various countries who came together to open up new paths for global economic cooperation, collaboration, and investment opportunities, particularly in the Asian and African regions. The Forum emphasized India's admirable social and economic advancement since its independence. The Summit also featured a spectacular stage for intense discussions featuring some of the greatest leaders of our time, as well as representation from 16 countries, including...
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Indipaisa, awarded India’s fastest-growing brand starts empowering MSMEs

Indipaisa, awarded India's fastest-growing brand starts empowering MSMEs New Delhi (India), September 5: Indian Micro & Small-Midsized Enterprises (micro SMEs) are usually forgotten and underserved by the banks, Fintech’s, and financial institutions. Why? Because their revenues are small, their volumes are small, and they are not profitable to profit-seeking financial institutions, in most cases, banks and fintech’s have a set of solutions that are targeted at small customers. However, the price points are too expensive, and the service quality is too low.Indipaisa (www.indipaisa.com), a Noida-based fintech brand, backed by Nexxo Ventures a Dubai-based digital banking venture firm, is India’s fastest growing brand in 2021-22, now performing in 5 states and planning to spread across...
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Medi Assist launches chatbot on WhatsApp to deliver better health insurance experience to 4.4 crore beneficiaries

The WhatsApp ChatBot will enable Medi Assist to service Policyholders 24 x 7 The move comes in line with Medi Assist easing access to insurance and leveraging technology Policyholders will now be able to download E-Cards, locate Network hospitals, download claim forms and more via WhatsAppSeptember 05, 2022; Bangalore/Mumbai: Medi Assist Insurance TPA Pvt. Ltd (Medi Assist), in a move to deliver superior customer experience, has launched a chatbot on WhatsApp. The ChatBot launch is one of Medi Assist’s ways to serve members with a deep regard for their needs, powered with technology. The launch of chatbot on WhatsApp will empower Medi Assist members to get information on their insurance and claims instantly and any time of the day. They will now be able to download E-Cards, locate Ne...
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With Over 300 Brands Under One Roof, Gifts World Expo Returns to Bengaluru

September 5:  India's premiere & most significant B2B Gifts sourcing platform, Gifts World Expo, Bengaluru, will be organized at Tripura Vasini, Palace grounds from 8-10 September 2022.Organized by MEX Exhibitions Pvt. Ltd., the revitalized trade show will showcase over 125 exhibitors from the entire industry representing over 300 brands showcasing more than 1000 products & trending gifting in highly diversified segments to address all gifts sourcing needs.Commenting on the upcoming edition of Gifts World Expo, Ms. Himani Gulati, Director, MEX Exhibitions Pvt. Ltd., said,  "I am glad to announce the 21st overall edition & a 2nd edition in Bengaluru which is bigger than before with more than 125 exhibitors. The need for unique & trending gifting products & solutions ...
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Mega Flex Plastics Ltd’s Rs. 11.40 crore public issue on NSE EMERGE platform opens for subscription on 6th September

Company to issue 28.5 lakh Equity shares of Rs. 10 face value at a price of Rs. 40 per share; Propose to get list SME EMERGE Platform of NSEHighlights:-·         Public issue opens for subscription from September 6 and closes on September 9·         Minimum lot size for application is 3,000 shares; Minimum IPO application amount Rs. 1.2 lakh·         Funds raised through the issue will be used to fund expansion plans, meeting working capital requirements for the company’s business activities and general corporate purposes·         For the FY21-22 company reported revenues of Rs. 47.39 crore and Net Profit of Rs. 2.66 crore·         Finshore Management Services Ltd is the lead manager of the issue.Mumbai, September 3: Packaging Solutions company Mega Flex Plastics Ltd - o...
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Technology-assisted Practice Platform for JEE/NEET Aspirants launched by IITians

Two IITians with years of experience in JEE/NEET preparation launch a platform to lower the burden of books on aspirants September 3:  Abir Bhowmick (IIT Bombay alum) and Suvarna Kumar (IIT Dhanbad alum) have launched eduracle.com, which is a unique platform for JEE & NEET aspirants that enable them to prepare for the coveted exams in a more efficient and stress-free manner. Having been teachers themselves and guiding thousands of students to succeed in the JEE and NEET entrance exams, Abir and Suvarna aim to lower both the financial and emotional burden on the aspirants by leveraging technology through the platform eduracle.com.Suvarna and Abir believe that learning is a two-step process. In step one, a student learns about “what” the concepts, laws, or facts are. And in step two, t...
7NR Retail Ltd’s Rs. 16.33 crores Rights Issue to open on September 6
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7NR Retail Ltd’s Rs. 16.33 crores Rights Issue to open on September 6

Rights Issue priced at Rs. 1.4 per share – 16.5% discount to share price on 2 Sep; Rights Issue opens on September 6 and closes on September 20 Ahmedabad, September 3: Makers of a leading Kids wear Brand ‘Gini & Jony’, Ahmedabad-based 7NR Retail Ltd, engaged in the business of trading of fabrics and apparel in the wholesale and retail segment, is scheduled to open its Rs. 16.33 crore rights issue on September 6, 2022. The funds raised through the issue will be utilised to meet the working capital requirements required to fund the company's expansion plans, meeting working capital requirements and for general corporate purposes. The Right issue is offered at a price of Rs. 1.4 per share - 16.5% discount to share price of Rs. 1.68 per share on September 2 on BSE. Rights Issue closes on S...
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Tidbits, a standout performer in the Indian E-Commerce Food platform!

September 3: Time is of the essence when it comes to dealing with food and beverages, given the fact that these items are perishable in nature. To ensure quality and also comply with regulations, these items need to be sold within a very short time period. Therefore, the successful implementation of E-Commerce in the Food Industry has always been a challenge involving critical logistical procedures. With the ever-increasing value placed on customers in the modern age, even a minor mistake can tarnish all of the reputation earned through years of hard work. This had been the underlying reason behind this industry showing a slower inclination towards adopting the E-commerce platform, particularly in the pre-Covid era. The global pandemic changed all that, with the Food & Beverages indust...
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Funds managed by Motilal Oswal Private Equity, India SME and Motilal Oswal Finvest Limited invest in Simpolo Group

September 3: India Business Excellence Fund - IV, a fund managed and advised by MO Alternate Investment Advisors Private Limited ("MOPE"), along with India SME Investments - Fund I and Motilal Oswal Finvest Limited have completed an investment of USD 66 Mn in Simpolo Group, India's largest luxury and premium tiles manufacturer. Simpolo Group includes the flagship company Simpolo Vitrified Private Limited and Nexion International Private Limited.Established in 2008, Simpolo Vitrified Private Limited is the market leader in the premium tiles segment in India, is promoted by first generation entrepreneur Jitendra Aghara and is based out of Morbi, Gujarat, one of the largest tiles manufacturing districts in the world. Simpolo has a pan India presence with a robust network of 1,100+ dealers a...
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IMTS Institute awarded 12,000 certificates in 2022, 40% to overseas students, and 50% to Indian multinationals

September 3: IMTS Institute is not only a leading Edtech of high-quality education, but it also offers students the opportunity to specialize in their chosen fields of study. There has been a commitment to student excellence at our Institute for 17 years.  IMTS institute has helped over 45,000 students achieve their career goals through its e-learning facility. IMTS Institute Support System has assisted 12,000 students in obtaining their certificates on time during 2022.These courses are taught by experts who have a lot of experience in this field. Mr. Varun Gupta, IMTS Institute's founder Varun Gupta has a vision of creating a 1,000 Experts Team campus by the end of 2025, which will feature IT experts, a career counsellor, and professors who will assist students in-Offline and online Bo...