March 2023 - Page 4 of 7 -

Moldcell launches first-of-its-kind Digital Wallet – moldcell money, supported by Comviva

Financial Service to accelerate digital payments in Moldova and speed transition to a cash-lite economy

NEW DELHI, March 16, 2023 /PRNewswire/ — Moldcell, the leading mobile network operator in Moldova, announced its entry to the financial services market with a first-of-its-kind digital wallet, 'moldcell money'. With this launch, Moldcell has become the first telecom operator in Moldova to provide digital financial services that bring a new level of convenience and security to its customers.

Comviva Moldcell Leadership Team

This service is now available through the moldcell money app and offers subscribers of any mobile network in the country to easily transfer money and pay for services directly from their mobile wallet. This new service is a significant step towards financial inclusion and creating a cash-lite economy.

The financial service is supported by Comviva, the global leader in digital financial solutions. Comviva has deployed its flagship mobiquity® Pay platform that provides several innovative capabilities. Users can make payments with their mobile numbers, without the need for bank cards or cash, and can transfer money to any mobile phone number or pay for services directly from the mobile app. The service also provides the ability to transfer money using an SMS code or through any Moldcell Center store, ensuring the safety of personal data and instant payment.

Commenting on the partnership, Olga Pavlic, Mobile Financial Services and Business Innovation Director at Moldcell said, “Our solution moldcell money is the first fintech service on the telecommunications market in Moldova, the purpose of which is to offer subscribers of all communication networks a wide range of financial services. The solution consists of three main components: the 'moldcell money' mobile application, which offers various services such as payments, bills, loans, government payments, gaming payments, money transfers to loved ones and bonuses; financial services available in direct Moldcell stores throughout the country, which makes transfers and payments convenient, simple and accessible; possibility to make payments with Moldcell number exclusively for Moldcell subscribers, offering an additional advantage of comfort and simplicity.”

“Comviva has been the industry leader in the payment space and our work on this market first project in the region shall set the stage for many more exciting developments in the payments space in the region. We are thrilled to partner with Moldcell in their digitization initiative that will offer a modern, digital first and secure way to manage payments,” said, Srinivas Nidugondi, Chief Transformation Officer, Digital Financial Solutions at Comviva.

Comviva's mobiquity Pay is one of the leading digital payment platforms across the globe. It is a cloud native, payment platform that caters to all digital money, wallet, and payment requirements. mobiquity Pay is a feature-rich, robust, scalable, and flexible platform that serves consumers, service providers and their partners. It facilitates digital payments for all customer segments and allows them to use multiple payment instruments like bank account, credit card, prepaid account & stored value account (SVA).

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Web3 Infrastructure Provider Zeeve Integrates Support for Aptos Blockchain

It will enable Aptos Developers to deploy high-performance dApps, quickly set up RPC Nodes, and access blazing fast APIs in minutes

Zeeve, a top-tier provider of Web3 infrastructure, has announced the integrated support for Aptos, a highly scalable and upgradable Layer1 blockchain, into its platform. With this integration, developers can consume blazingly fast APIs, and deploy reliable Aptos developer and validator nodes, over the cloud of their choice.

Aptos' strong points, including the use of the MOVE programming language for fast and secure transaction execution, a pipelined and modular approach for improved performance, and the implementation of the BFT consensus mechanism, make it an ideal platform for developers to build on.

By integrating Aptos into its Web3 infrastructure stack, Zeeve is expanding the benefits of its reliable infrastructure stack not only to its 18,000+ registered developers, but also to all who are building or planning to build on Aptos. Zeeve fosters Web3 builders' growth through robust DevOps capabilities, maximum uptime availability, fastest response time, and comprehensive security, enabling an enterprise-grade Blockchain infrastructure.

“We are immensely excited to offer this integration with Aptos, making it easy for all developers to start building on the ecosystem. With over 25+ protocol support, all 100% configurable, Zeeve is making sure Web3 is easy to use and accessible for all. We are proud to bring the full power of our tech stack to Aptos developers, empowering them to create innovative solutions and drive adoption of the Web3 vision,” says Dr. Ravi Chamria, Co-founder & CEO, Zeeve.

Zeeve's integration with Aptos offers developers a comprehensive suite of features, including Aptos-managed nodes, secure RPC endpoints with military-grade security, developer-friendly optimized performance and availability, enterprise-grade uptime, ready-to-use plugins, and detailed monitoring dashboards alongside Aptos parameters with proactive alerts and notifications.

Zeeve is paving the way for a more secure, efficient future with its blockchain platform. With consistent innovation and an unwavering dedication to user needs, the platform is delivering cutting-edge solutions that optimize developer experiences and simplify enterprise infrastructure.

Speaking of the integration, Ghan Vashishtha, Co-founder and CTO, Zeeve said, “Adding support for Aptos is another step in the direction of improving the dApp and developer ecosystem by meeting their requirements. Aptos developers and validator owners can build better and more decentralized apps using Zeeve’s node offerings, elastic APIs as well as the unique BYOC (Bring Your Own Cloud) feature to connect and deploy Aptos nodes on their own clouds supporting AWS, GCP, Azure, Tencent, DigitalOcean, Linode and more.”

As the blockchain industry continues to evolve, no-code platforms are quickly emerging as an integral part of the Web3 ecosystem, enabling tech innovators to access sophisticated tools for building advanced dApps. Leaders like Zeeve are leading the charge in this historic breakthrough by empowering developers with cutting-edge capabilities, to drive mass adoption and unleash a new wave of technological transformation.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

CEAT PARTNERS WITH CNH INDUSTRIAL FOR AGRICULTURE RADIAL TIRE FITMENTS

CEAT Specialty (a division of CEAT Tires) has entered into an agreement with CNH Industrial to supply agricultural radial tires for their machines being produced in Brazil and Argentina.

MUMBAI, India, March 15, 2023 /PRNewswire/ — CEAT is proud to announce that CEAT Farmax radials are being fitted in Case IH and New Holland tractors.

CEAT PARTNERS WITH CNH INDUSTRIAL FOR AGRICULTURE RADIAL TIRE FITMENTS

The agreement was locked after several rounds of assessment and audits by the OEM of the Mumbai-based radial plant of CEAT and after multiple tests done on tires on various parameters.

“We have always been confident about the quality of our agriculture radials ever since we introduced them to the world in 2017. We have invested in world class technologies and the best people to design our products. This partnership with CNH Industrial further lends credibility to that. We hope to be a long-term partner to them and want to help farmers grow their productivity.” says Amit Tolani– Chief Executive, CEAT Specialty.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, visits Hind Terminals Logistics Park in Palwal, Haryana and reviews the company’s current operations and future investments plans for India

His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy, visited the Hind Terminals Logistics Park in Palwal, Haryana.

The UAE Minister of Economy was in India to attend the Partnership Summit 2023, organized by Confederation of Indian Industry (CII).

Hind Terminals is the UAE headquartered Sharaf Group’s subsidiary in India, engaged in providing end to end logistics solutions. The UAE Minister of Economy was welcomed by Mr. Salah Sharaf Al Hashmi, Vice Chairman of Sharaf Group, at the logistics park.

The Minister toured the facility spread over 5 million sq ft. known to be one of the largest logistics park in India, the Palwal facility houses 65,000 sqm container yard, 9,000 sqm of warehouses, 9,360 sqm of space for chillers, another 65,000 sqm space for the iron stores area, and 6,500 sqm for general warehouses, in addition to train stations and 28 car trailers.

H.E. Al Marri reviewed the current operations of Hind Terminals in India and was briefed about the future expansion plans for the Indian market by the Group’s senior management.

H.E. Al Marri said that the UAE’s investments in foreign markets continues to grow, creating multiplier effects by enhancing job opportunities, propelling trade and economic growth, thus supporting the UAE’s vision for creating a new economy based on openness, diversity, and flexibility. For his part, Mr. Salah Sharaf, Vice Chairman of Sharaf Group, said, “The Palwal Logistics Park is the one of the biggest projects by the UAE, and it contributes positively to further the UAE-India relations in light of the CEPA that was signed between the two countries in February 2022.” The UAE Minister also planted a tree at the facility, during his visit.

XSEED Releases Annual Results Report; XSEED students outperform non-XSEED peers by +21%

Annual Results Report shows XSEED students have a +21% advantage over non-XSEED students in national test of skills in English, Math, and Science.

NEW DELHI, March 14, 2023 /PRNewswire/ — XSEED Education released its Annual Results Report at a warm lively high-tea ceremony at Taj City Centre, Gurgaon. The report details the performance of over 61,000 students in Grades 1-8 on the 2022 XSEED Learnometer Skills Test, a national test of English, Math, and Science conducted in 21 states of India. The test is generally considered more difficult than traditional ones as it requires students to apply their knowledge rather than just recall facts and formulas. Apart from the findings, the 38-page report lays out four implications for school education. Proud XSEED employees and their families gathered to celebrate the release.

Of the encouraging findings, the most impressive was that XSEED students showed a +21% performance advantage over non-XSEED students in the challenging middle school grades (6, 7, 8). This is remarkable as middle school is when students tend to struggle with increasingly abstract and complex syllabus content. The results demonstrate that the XSEED Program's focus on three core skill areas – Conceptual Understanding, Problem Solving, and Communication – builds a strong foundation for higher grades.

Furthermore, the longer a school had been using the XSEED program, the greater were the benefits to middle school scores.

Another finding in the report highlighted some dramatic benefits of XSEED for struggling students. Those in the bottom third of test-takers improved by an overall average of +55% in same-student scores in just one year, with middle school students showing even higher gains of an astonishing +136%.

The report went on to outline four important implications of these findings for K-8 education. First, it noted the importance of fostering independence in children. In the words of one school leader, XSEED students were already 'independent problem solvers' when COVID hit, which may have helped them cope with the reduced support of remote learning. Second, the report highlighted the role of language mastery in academic success. XSEED students have long had the reputation of speaking and writing well in their own words, which translated into strong results across skills and subjects. Third, XSEED students were able to avoid a large 'middle school slump' in academic performance, which is commonly observed not just in India but worldwide. In fact, some of the biggest gains came in middle school. Finally, there was clear evidence that an effective academic system can help students and schools overcome challenging contexts. Both struggling students and low-fee schools showed dramatic gains after 3+ years of using the XSEED program.

“For years we have had rich qualitative evidence about the superior performance of XSEED children, especially in application-based problems and in English language expression. This report now provides the quantitative underpinnings of this performance. What is remarkable is that these foundational strengths help the children stay competitive in the challenging middle-school years (grade 6, 7, 8) when the performance of most students falls off. XSEED children will compete much better in higher grades, entrance exams, and in the job market,” said XSEED Founder Ashish Rajpal in the release address at the event. “This affirms that XSEED truly builds a child's foundation for life.”

The XSEED academic program is a research-based teaching and learning system that is running in schools from Nursery to Grade 8. It improves the conceptual thinking & understanding of children, strengthens English language expression, and enhances confidence. Since its international launch in 2014, XSEED has served 2 million children in over 220 districts and more than 20 states across India and has been deployed in eight countries including India, the Philippines, and the Middle East.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)

Bureau Appoints Industry Veterans to Steer Global Expansion and Accelerate Growth

Company builds out executive team to lead product roadmap innovation, enhance engineering prowess, and establish brand leadership position

Bureau, the leading full-stack identity decisioning platform, today announced the appointment of three senior leaders to its executive team. Albert Roux joins as the Global Head of Product, Sandesh GS as the Global Head of Technology, and Jean Creech Avent as the Global Head of Marketing.

The company, which emerged from stealth mode in December 2021, has tripled its customer base and employee workforce, fueling its strong momentum. “We’re actively executing on our strategic vision to create a world where every online identity and transaction is trusted,” said Bureau Founder and CEO Ranjan R. Reddy. “Each of the new leaders were selected due to their deep domain expertise, global perspective, functional area experience, and reputations for delivering results. This will be a break-out year for us as we move to the next level of our strategic growth plan.”

Combined, the three new executives bring over 50 years of leadership, industry, and domain experience that will support the company’s expansion plans, accelerate product development and drive continued customer growth.

Roux brings over 16 years of experience in product management and research and development roles, including expertise in fraud, identity verification, fintech and e-commerce. “I am delighted to join Bureau and take charge of the team's efforts in developing groundbreaking solutions across identity, fraud, and risk,” said Roux. “I am impressed by the company's notable growth in the APAC region and emerging markets and their ambitions for worldwide expansion. The company has developed cutting-edge solutions for identity verification and fraud prevention that are ahead of the curve in technology and effectiveness. Given my background, I am particularly thrilled with Bureau's focus in these areas. I am convinced that the potential for growth in this industry is immense, and I believe Bureau has a strategic advantage to seize this opportunity.”

Meanwhile, Sandesh, a seasoned tech leader with more than 16 years of experience, will lead the development and execution of the company’s technology strategy. Speaking on his new role, Sandesh added, “I am thrilled to be a part of Bureau and its mission to protect and accelerate digital customer journeys. It’s heartening to see the number of capabilities Bureau has developed in the last 12 months. I look forward to collaborating with the team to quickly iterate and scale Bureau's tech stack through rapid innovation that would set benchmarks in the industry and surpass our clients' expectations. ”

Creech Avent, a global marketing leader with over 25 years of experience in marketing, branding and communications, has spent more than half of her career in identity, fraud prevention, and risk and compliance. In her new role, she will lead the company’s ongoing expansion efforts and reinforce Bureau’s distinct leadership position on the global stage. “Bureau’s mighty team as well as its prioritisation of and commitment to innovation attracted me to this opportunity,” said Creech Avent. “The company’s platform is ingenious in its application of AI to discern good identities from bad, prevent fraud, and reduce risks. The automated workflows and advanced decisioning capabilities simplify the entire process for anti-fraud professionals. This space has been ripe for disruption for years, and Bureau is leading the way.”

Founded in 2020, Bureau now serves some of the most recognisable digital and regulated institutions in the world, including companies in the fintech, financial services, crypto, iGaming, and e-commerce sectors. Learn more here.

For the latest insights and trends in building continuous trust with your customers, follow us on LinkedIn.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

ICICI Bank offers Ecosystem Banking for Indian Startups

ICICI Bank today announced that it offers a comprehensive bouquet of digital and physical solutions to cater to all banking needs of startups across their various life stages. The Bank provides innovative solutions through its domestic and international network, and branch at GIFT City, the Gujarat-based emerging global financial and IT services hub.

The ‘Startup Ecosystem Banking’ proposition of the Bank offers treasury and transaction banking solutions, lending solutions, digital integrations, handling FDI and regulatory compliances, personal banking services for employees and founders.

ICICI Bank provides comprehensive solutions through its domestic network and international presence at New York, Toronto, London, Dubai, Singapore and Hong Kong. The ecosystem banking is further enhanced by the Bank’s presence at GIFT City.

Mr. Rajesh Rai, Business Head- West & South, Branch Banking, ICICI Bank said, “India has emerged as the third largest startup ecosystem in the world, underlining the country’s vibrant and innovative startup culture. At ICICI Bank, we offer improved convenience to these new-age businesses through agile and technology led solutions across their life stages. Through our comprehensive ‘Startup Ecosystem Banking’, we support the emerging requirement of Indian startups and aim to become the preferred bank of choice in their growth journey.”

As part of the ‘Startup Ecosystem Banking’ the Bank has put in place a dedicated team for startups that serves them through an extensive network of branches.

At the GIFT City branch, the Bank offers digital opening of Global Foreign Currency Current Account (GFCCA) for overseas holding companies and subsidiaries of Indian startups. This can be done seamlessly within one working day of submission of required documents, which is significantly lower than the industry practise of at least five days.

The Ecosystem Banking further helps startups to open Special Non-Resident Rupee (SNRR) account as well as create deposits in both US Dollar and in Indian Rupee. The startups can also avail escrow, custody services and forex solutions for seamless and efficient capital flows.

The Bank also offers state-of-the-art digital channels namely Corporate Internet Banking (CIB), InstaBIZ mobile application, Trade Online for trade related transactions, Integrated Payment System platform to facilitate vendor and tax payments, and solutions for e-collections and e-mandates.

Further, the Bank offers an ‘API Developer Portal’, with over 250 APIs, enabling startups to co- create innovative customer solutions in a frictionless manner. It takes fraction of the time usually needed for digital collaboration, thereby significantly increasing productivity of startups.

To know more, startups can contact their Relationship Manager or write to startupecosystem@icicibank.com

To read more on the Bank’s offerings at its branch in GIFT City, visit www.giftcity.icicibank.com

For news and updates, visit www.icicibank.com and follow us on Twitter at www.twitter.com/ICICIBank

For media queries, write to: corporate.communications@icicibank.com

BharatBenz Introduces ‘Rakshana’, an Uptime Assurance Program to Enhance Business Profitability for Customers

· BharatBenz assures customers of service of trucks and buses within 48 hours at authorized service centres

· BharatBenz Rakshana Program compensates customers if service or repair exceeds 48 hours

· Plans to increase the number of touchpoints and service bays by around 15% by end of 2023

· BharatBenz produces the safest truck cabins in India and Rakshana will add more value to the superior package and services

Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has launched an industry-leading uptime assurance program called 'BharatBenz Rakshana' with an objective to help BharatBenz customers enhance business profitability. Rakshana program commits to servicing and delivering BharatBenz trucks and buses within 48 hours. This program is a standard feature in BharatBenz on-road haulage trucks, tippers, tractor trailers and buses which already come with an active powertrain warranty at the time of sale as it assures timely delivery of vehicles that report to authorized BharatBenz service stations located across the country for service.

Commenting on the introduction of BharatBenz Rakshana Program Mr. Rajaram K, Vice President – BharatBenz Marketing, Sales and Customer Service at DICV, “At BharatBenz, we constantly strive to enhance our customers' experience. With the roll out of Rakshana, an uptime assurance program, we are taking a step further in our customer service commitment to enhancing our customers' business productivity and profitability. We are also enhancing the efficiency of our technicians to reskill and upskill through BharatBenz Regional Training Centres, offering one of the industry's best roadside assistance and services at our touchpoints. Our aim is to increase touchpoints and service bays by 13% and 17% by December 2023 to address our growing customer base across India.”

The Rakshana program covers scheduled services, running repairs or vehicle breakdown cases. Over 98% of the trucks and buses that check in to BharatBenz service centres are serviced and delivered to customers within 48 hours. However, in case the service delivery exceeds 48 hours, BharatBenz will compensate the customer as per the terms and conditions of the Rakshana program. This makes the Rakshana Program one of the most unique customer service initiatives in the Indian commercial vehicles industry. The compensation for the delay in completion of the service will be a percentage of the cost incurred in the service.

BharatBenz has the reputation of being one of the most respected truck brands in the Indian commercial vehicle industry since its inception and known for its stellar engineering, safe vehicles and uptime assurance. The brand's dealerships and service stations are located on leading national and state highways, providing ease and flexibility to every type of customer. BharatBenz has over 300 touchpoints across India covering national highways on the Golden Quadrilateral North-South and East-West Corridors, with reach to customers on these highways within two hours. BharatBenz trucks have arguably the safest crash-tested cabins in India which meet the highest safety standards as per European cab-crash regulations that are not introduced in India yet.

Banyan Cloud Joins Cloud Security Alliance

Banyan Cloud Inc., USA, today announced that it has joined the Cloud Security Alliance (CSA), the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment.

Banyan Cloud is the Cloud Native Application Protection Platform, which is helping enterprises to be successful in their digital transformation efforts with the next-generation Cyber Security Platform that address the Code to Cloud security of business applications. The Cloud Security Posture Management (CSPM) protects the cloud misconfiguration on all popular public clouds AWS, GCP, Azure, OCI and IBM cloud. The Data Security Posture Management (DSPM) secure different data storage technologies to protect customer's data privacy on all cloud platforms and On-Premises.

On top of a tighter integration of security throughout the application life cycle leads to better security outcomes, versus tacking it on at the end. It aids in resolution of issues in a more efficient and cost-effective manner which leads to faster delivery, improved security posture and greater business success.

Platform equipped with real-time security monitoring and compliance check against the 30+ Industry Regulations such as SOC2, ISO27001, HIPAA and GDPR etc.

“Ours is the most innovative platform designed to simplify cybersecurity governance by enforcing industry-proven security configurations. We are excited to collaborate with Cloud Security Alliance (CSA) and its extensive community in the cyber security related research on Cloud, build robust security standards, to combat with potential threats arises with modern technological trends to effectively protect digital assets,” says Nagesh Konduru, Founder and CEO of Banyan Cloud.

“We are glad to have the Banyan cloud as part of our alliance, who are always pushing boundaries by building a Code-to-Cloud security platform while adapting the best practices in cyber security. We look forward to Banyan Cloud to contribute and elevate the growing awareness of Cloud security with CSA's support ecosystem,” says Jim Reavis, Co-founder and Chief Executive Officer, CSA.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

University of Birmingham launches Lord Karan Bilimoria (Chancellor’s) Scholarship in India

New scholarship targets Indian students who've overcome adversity to secure success

NEW DELHI, March 13, 2023 /PRNewswire/ — The University of Birmingham is launching a unique and prestigious new fully-funded scholarship, including accommodation expenses, for students in India – offering the winner a mentoring opportunity with the University's Chancellor Lord Karan Bilimoria and leading alumni.

The Lord Karan Bilimoria (Chancellor's) Scholarship will include a full tuition fee waiver and accommodation costs up to the duration of the programme for the winner, as well as four runner-up awards of a £5,000 tuition fee waiver.

The scholarship is only open to Indian students applying for postgraduate study programmes at the University's campuses in Birmingham and Dubai. Candidates must have a valid offer of study from the University of Birmingham.

Candidates should have an excellent academic track record and demonstrate that they have overcome challenging circumstances. They should also have an innovative idea that can solve some of the complex challenges facing both the UK and India. Successful applicants who reach the final round will be asked to submit a three-minute video answering two key questions:

What challenges have you overcome in life?
What innovation would you suggest to solve a challenge faced by India and the UK?

Launching the Scholarship, Lord Bilimoria commented: “I am hugely proud of the University of Birmingham's education partnerships in India and delighted to launch this exceptional opportunity to encourage outstanding individuals to join us – whether at our iconic new campus in Dubai or our beautiful historic campus in Birmingham.

“Our University's motto is 'per ardua ad alta' which translates as 'through adversity to high things'. This is a sentiment which inspires us, as we begin our search for scholarship candidates who have beaten the odds to achieve academic excellence and can demonstrate an innovative idea with the potential to solve any of the complex challenges facing both India and the UK.

“I look forward to meeting the successful candidate and it will be a particular pleasure to mentor them as they set out on their voyage of educational discovery with the University of Birmingham and become successful leaders.”

Applications are now open and further details can be obtained from https://www.birmingham.ac.uk/funding/postgraduate/india-lord-karan-bilimoria-scholarship.aspx

The University's relationship with India dates to 1909 when the first cohort of Indian students arrived in Birmingham to study for degrees in Mining and Commerce. It now has more than 2,000 Indian alumni and some of India's most distinguished and finest minds were educated at Birmingham, including Mr Ajit Kumar Seth, 30th Cabinet Secretary of the Republic of India, and acclaimed writer and critic, the late Dr U R Ananthamurthy.

The University of Birmingham has several significant partnerships in India, underpinned by its India Institute which aims to increase the visibility, impact and coherence of Birmingham's engagement in the country.

Alex Ellis, British High Commissioner to India, said: “I am delighted that the University of Birmingham is further strengthening its engagement in India with this scholarship. What a fantastic opportunity for the successful candidate in being mentored by an icon of UK-Indian business, Lord Bilimoria.”

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same)