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Business Wire India - Multimedia: Digest for March 30, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

  • The online tournament witnessed an unprecedented over 215,000 participants
  • The previous world record held by the brand itself, hosted 109,000 participants in July 2020

RummyCulture, one of the country's leading online skill-based rummy platforms from the house of Gameskraft, has created a new GUINNESS WORLD RECORDS title feat after hosting its 'Sunday Mega Blockbuster' tournament on 19th March 2023; the largest online rummy tournament with an incredible over 215,000 participants hosted, at one time. With this, RummyCulture has broken its own world record that previously hosted 109,000 players in July 2020.
 
The team began this mission with the motivation of raising the bar across all aspects of the brand ranging from technological capabilities, player convenience and much more, alongside providing a unique entertainment experience to a growing number of online Rummy enthusiasts. For this, RummyCulture looked at strengthening the technological platform that could host a vast number of participants online from various locations. This achievement also comes as a significant milestone for the company's talent and a testament to its mettle in overcoming challenges and scaling great heights of innovation.
 
A few of the challenges faced by the team were explored first-hand from a technology, business and marketing standpoint. With its cutting-edge capabilities, RummyCulture successfully ensured that the platform ran smoothly without any barriers or system crashes while hosting the event. The brand also brought together such a vast pool of participants via various marketing efforts including leveraging its in-app properties, push notifications, and other user touchpoints. From a technology perspective, a lot of efforts went into scaling the core gameplay system to seamlessly handle lakhs of concurrent players.
 
Sumanta Sengupta, VP – Marketing, Gameskraft said, "The GUINNESS WORLD RECORDS title for the largest online rummy tournament is quite a milestone for RummyCulture, demonstrating its exceptional capabilities and expertise as a leading online skill-based gaming platform. With its advanced technological know-how, RummyCulture has made a mark for itself in the Indian online gaming world and set new benchmarks. The brand's relentless efforts to overcome challenges exemplify our commitment to providing the best gaming experience for our users. This achievement is a testament to our unwavering dedication to innovation, excellence, and customer satisfaction."
 
Rahul Goyal, Senior VP - Technology, Gameskraft said, "Our focus for the tournament was to ensure a seamless experience for our players, without any crashes or latency in systems. We applied our learnings from past experiences, to ensure high availability, instant scalability, and fault tolerance in order to handle a sudden influx of over 215,000 participants during the tournament start. We optimised every component of the technology stack and gradually scaled our tournament over the last four weeks to host the world's biggest online Rummy tournament."
 
Rishi Nath, Adjudicator, Guinness World Records said, "We at Guinness World Records would like to congratulate RummyCulture and Gameskraft Technologies Private Limited on achieving the record for the "largest online rummy tournament." As the online gaming industry continues to grow, we are excited to see new records and achievements of the future."
 
Tournaments have been one of the biggest engagement levers for RummyCulture. The brand has hosted the 'Sunday Mega Blockbuster' tournament in the past, which has also given it a leg up in adding to its already huge user base tally of 2.5 crore verified players. RummyCulture is an ISO 9001:2015 and RNG certified gaming platform, meaning table and player selection is 100% random and not triggered by any specific algorithm.
 
For more details, visit https://www.rummyculture.com/.

BMW India Introduces New Diesel Variants of the BMW X3

Wednesday 29 March 2023 09:10 AM UTC+00
Business Wire India

  • Powerful BMW TwinPower Turbo engine for agile driving performance. 
  • Modern interiors ensure luxury, practicality of space and 'X-ness'.
  • Focused and stress-free driving with BMW Head-up Display, Gesture Control and 360 Camera. 
  • Sportier orientation with the M Sport package.
     
BMW India has launched two new diesel variants of the BMW X3 – X3 xDrive20d xLine and X3 xDrive20d M Sport. These diesel variants are locally produced and are available across BMW dealerships. With an emphasis on classic X-elements, the BMW X3 has a modern look along with the exhilarating zeal of performance and a powerful presence.
 
Mr. Vikram Pawah, President, BMW Group India said, "The BMW X3 has been a trailblazing success in the premium mid-size SAV segment. Now available in xLine and M Sport trims, these versatile BMW X3 diesel models deliver exhilarating performance and efficiency in a rugged utility vehicle. With exquisite feel of the interiors along with innovative technologies, the BMW X3 is ready to serve you an experience that's nothing like you've felt before. The X3 packs in unlimited action wherever you go."
 
The cars are available at an ex-showroom price of –
 
BMW X3 xDrive20d xLine          -           INR 67, 50, 000
BMW X3 xDrive20d M Sport      -           INR 69, 90, 000
 
*Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but excludes Road Tax, Tax Collected at Source (TCS), GST on Tax collected at source, RTO statutory taxes/fees, other local tax cess levies and insurance. Price and options are subject to change without prior notice. For further information, please contact the local authorised BMW Dealer.
 
The car is available in the following metallic paintworks: Mineral White, Phytonic Blue,  Brooklyn Grey and Black Sapphire. The BMW X3 features Sensatec Perforated Upholstery as standard with the following combinations - Canberra Beige | Black and Cognac.
 
BMW Service Inclusive and BMW Service Inclusive Plus are optionally available with the BMW X3. These service packages cover Condition Based Service (CBS) and maintenance work with a choice of plans from 3 yrs / 40,000 kms to 10 yrs / 2,00,000 kms. The BMW X3 also comes with optional BMW Repair Inclusive that extends warranty benefits from third year of operation to maximum fifth year, after the completion of the standard two-year warranty period. Together, these packages provide complete peace of mind and freedom to enjoy unlimited driving pleasure.
 
BMW India Financial Services offers a complete package for loan, insurance and vehicle services. Benefits include flexible and customized ownership plans like BMW 360° Ultimate which give assured buyback value up to 5 years. Customers will also enjoy attractive offers to trade-in / upgrade to a new BMW.
 
The new BMW X3.
The design of the BMW X3 lays extreme emphasis on breadth and X typical elements give the front of the BMW X3 an extremely distinctive look. The angular BMW kidney grille with vertical air inlets in the triangular interpretation highlights its exceptional authority. The adaptive LED headlights complete the overall picture of the BMW X3 with a modern and focused expression. The rear features sculptured full LED taillights that further emphasize its presence. The M sport package gives the BMW X3 a sportier orientation. The BMW X3 xDrive20d M Sport exudes the M Sport character with M model inscription on entry sills, M exterior designation on front side panels and tailpipes finished in gloss chrome. The specific front apron features significantly larger air inlets and inserts finished in high-gloss black, as well as more pronounced air curtains. The window graphics, roof rails and BMW kidney frame and bars are available in high-gloss black. The M Sport trim includes the stylish 19-inch Y-spoke style 887 M alloy wheels.
 
The interior boasts an exceptional level of comfort and functionality in an extremely modern ambience. Exclusive functions such as Multi-function Sport Steering Wheel, electrical seat adjustment with memory function, exterior mirror package add to the comfort. Driver and front passenger enjoy the superior sporty flair of a premium SAV. M Sport has an exclusive set interior package like Sport seats, Sensatec perforated upholstery, M leather steering wheel with multifunction buttons, M interior trim adding the performance-oriented ambience. Panoramic glass roof and Welcome Light Carpet are few among the long list of features that create the perfect ambience. The electroplated trim elements on the air vents add a touch of elegance while emphasising the horizontal lines in the interior. Ambient Lighting with six dimmable designs creates an atmosphere for every mood. Features such as electroplated controls and 3-zone automatic climate control with extended options add to the overall luxurious feel. The boot has a capacity of 550 litres and can be expanded further to 1600 litres by folding down the 40/20/40 split rear seat backrest.
 
Thanks to the unrivalled BMW TwinPower Turbo technology, the diesel engine melds maximum power with exemplary efficiency and offers spontaneous responsiveness even at low engine speeds. The two-litre four-cylinder diesel engine of the BMW X3 produces an output of 140 kW / 190 hp and a maximum torque of 400 Nm at 1,750 – 2,500 rpm. The car accelerates from 0 -100 km / hr in just 7.9 seconds with a top speed of 213 km/h.
 
The eight-speed automatic Steptronic sport transmission performs smooth, almost imperceptible gear shifts. At any time, in any gear, the transmission collaborates perfectly with the engine, enabling it to develop its full power and efficiency. Adaptive Suspension with its individual electronically controlled dampers adapts to both road conditions & individual driving style thereby offering exceptional precision and improves the drive and handling dynamics. For even greater driving pleasure, it is available with steering wheel paddle shifters, cruise control with braking function and Automatic differential brakes (ADB) with electronic differential locks as standard. The BMW Performance Control system increases the stability of the car by targeted braking of the wheels.
 
BMW xDrive, an intelligent all-wheel-drive system, monitors the driving situation constantly and is quick to respond. Electronically controlled 'Automatic Differential Brakes/Locks' (ADB-X), extended 'Dynamic Traction Control' (DTC), Hill Start Assist and Hill Descent Control help to conquer every terrain.
 
A host of BMW ConnectedDrive technologies continues to break the innovation barrier in automotive industry – BMW Gesture Control and Wireless Apple CarPlay® / Android Auto. The modern cockpit concept BMW Live Cockpit Professional running on BMW Operating System 7.0 includes 3D Navigation, with a high-resolution 12.3" screen instrument cluster behind the steering wheel and a control display. Hands do the talking with BMW Gesture Control that recognizes six pre-defined hand movements for control of a number of functions. BMW Head-Up display, now available for the first time on the new BMW X3, projects information discretely in the driver's field of vision. The smartphone holder integrated into the centre console allows inductive, Wireless Charging for mobile phones. The spread of driver assistance systems is more extensive than ever. Parking Assistant Plus with 360 camera makes parking in tight spots easier by taking over acceleration, braking as well as steering. The car features a 464W Harman Kardon Surround Sound system 16 speaker with individually adjustable equalizing.
 
BMW EfficientDynamics include features such as 8-speed Steptronic Automatic Transmission, Auto Start-Stop, Brake-Energy Regeneration, Active Air Stream Kidney Grille, Electronic Power Steering, 50:50 Weight Distribution, Driving Experience Control switch with different driving modes such as COMFORT/ECO PRO/SPORT and many other innovative technologies.
 
BMW Safety technologies includes six airbags, Antilock Braking System (ABS) with brake assist, Attentiveness Assistance, Dynamic Stability Control (DSC) including Dynamic Traction Control (DTC), Cornering Brake Control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobilizer and crash sensor, Dynamic braking lights, ISOFIX child seat mounting and integrated emergency spare wheel under the load floor.
Business Wire India

Bertelsmann India Investments (BII), the strategic investment arm of German conglomerate Bertelsmann, successfully concluded its Badminton Championship 2023 today. The highly anticipated event in the Indian venture capital (VC) community, was held at the Prakash Padukone Badminton Academy in Bangalore and was attended by prominent VC firms like Sequoia, Lightspeed, Kalaari Capital, Blume Ventures and more, with each team vying for the championship title.

The 2023 Bertelsmann Badminton Championship celebrated the unwavering support of investors in India's startup ecosystem. With the startup ecosystem in India expanding and transforming, it is vital to establish networking events that promote a sense of community and cultivate enduring partnerships, as partnerships are the key to success in today's fast-paced business environment.

"At Bertelsmann India, we have always been committed to fostering a forward-looking and collaborative approach in everything we do, be it hosting a badminton championship or driving deal-making. The badminton championship has brought together top VCs in a spirit of friendly competition, and truly believe that collaborative deal-making can unlock tremendous value for all stakeholders. We remain committed to this ethos and look forward to continuing to drive positive change in the Indian business landscape." said Pankaj Makkar, MD, Bertelsmann India Investments.

Rohit Sood, Partner at Bertelsmann India Investments, added, "We are pleased to see the growth of the tournament over the years. It is a testament to our commitment to promote a supportive ecosystem for startups in India. We believe that physical fitness and a healthy work-life balance are essential for the success of any organization, therefore we at Bertelsmann India Investments are aligned with these values."

With over 40 teams participating, the Badminton Championship was not just a competition, but a celebration of sportsmanship, and teamwork. Bertelsmann India Investments looks forward to continuing the tradition of their annual Championship and supporting India's thriving startup ecosystem. 
Business Wire India

Dentsu today announced the appointment of Ashish Khanna as Global CEO, Dentsu Global Services (DGS), a globally networked talent capability that delivers high quality services across dentsu's Creative, Media, and Customer Experience Management (CXM) businesses.
 
In this role, Khanna will lead DGS's 8,500+ strong networked team across the globe. Reporting into Michael Komasinski, CEO, CXM, international markets, he will also work closely with the global leadership and brand teams to drive growth and operational excellence for dentsu clients around the world. Khanna will be responsible for operationalizing a globally networked talent capability that enables clients to access high-quality, consistent, cost-competitive services, combining the right expertise with the right technology from the right locations. Leveraging artificial intelligence (AI) and automation, Khanna is committed to modernizing the operations of this global capability to drive sustainable impact for dentsu's global clients, employees, and society.

Khanna is a seasoned professional with more than 25 years' experience in driving transformation, innovation, and operational excellence for companies such as Genpact, Accenture, and PwC. He successfully oversaw delivery and transformative programs for Fortune 500 companies and managed large global teams. Some of the transformative programs involved driving operational effectiveness, digital platforms, and strategic technology deployment for global clients.

Komasinski said, "We are delighted to have Ashish on board. As an industry leader in automation, digital operations, and future-of-work strategies, he brings vast experience managing complex digital transformation programs, including new technologies, operating models, and digital service launches. In his capacity, Ashish will continue to drive dentsu's long-term success by providing clients with high-quality service and fostering a positive work environment for our teams."
 
Khanna said, "I am honored to lead Dentsu Global Services and power growth for dentsu. The world-class DGS team represents a wonderfully diverse group of networked talent who will work with radical collaboration across dentsu to build client-centric solutions powered by technology. I look forward to working alongside them to drive transformation, innovation, and operational excellence that will accelerate dentsu's growth ambitions."
 
Dentsu's globally scaled networked talent capability, DGS, is a consolidation of several key acquisitions in India, including Dentsu World Services, LiveArea, Paragon, and Ugam. Together these teams have been delivering high-quality services for more than 800 global brands through innovative solutions tailored to client needs. With an aim to scale globally, DGS is investing heavily in highly skilled talent, processes, and technology. The team experienced accelerated growth in 2022 with 2,500 new hires onboarded across India.

Finnable Turns Profitable in Just Six Years of Inception

Wednesday 29 March 2023 11:50 AM UTC+00
Business Wire India

Finnable, a leading fintech start-up, has recently achieved an important milestone by turning profitable within just six years of its inception. The company, founded by Nitin Gupta, Viraj Tyagi, and Amit Arora, all ex-bankers, is revolutionizing the way people apply for and receive loans, with a mission to make personal loans available to all salaried professionals in less than 2 hours.
 
Finnable's success can be attributed to its strong focus on innovation, customer-centric approach, and commitment to delivering high-quality services. The company's technology-driven platform allows borrowers to apply for loans online and receive a decision within two hours, thanks to advanced algorithms that assess the creditworthiness of applicants. Borrowers can also choose from flexible repayment terms and receive personalized customer service and support throughout the loan process.
 
"Our vision is to make the loan application process as easy and hassle-free as possible. We understand that people need access to funds quickly, and we want to help them achieve their financial goals," said Amit Arora, co-founder of Finnable.
 
Finnable has secured partnerships with esteemed banks and financial institutions like DMI Finance PVT LTD, Northern Arc Capital Ltd, TVS Credit Service Ltd. and HDB Financial Services. Additionally, the company has received funding from prominent investors. Finnable offers a wide range of loan products and services that cater to the diverse needs of its customers, including personal loans for specific purposes such as medical emergency, home improvement, education or marriage.
 
Finnable's commitment to responsible lending practices has also been a critical factor in its success. The company takes into account a borrower's ability to repay the loan before approving their application, mitigating the risk of default and ensuring that borrowers are not burdened with excessive debt.
 
The company places a strong emphasis on transparency and accountability, providing borrowers with clear and concise information about their loans and repayment options. This helps foster trust and build long-term relationships with customers.
 
Since its inception in 2016, Finnable has experienced rapid growth and is now one of the fastest-growing fintech start-ups in the industry. Customers can apply for loans more quickly and easily from Finnable App, thanks to the company's user-friendly interface, which also makes it easier for them to access money. In order to accurately assess a borrower's creditworthiness, Finnable uses a novel combination of big data analytics and machine learning algorithms. The company offers competitive rates and flexible repayment terms, making it an attractive choice for borrowers with varying financial needs.
 
"We are thrilled to have achieved profitability within just six years of our inception. This is a significant milestone for Finnable and demonstrates the strength of our business model and the trust our customers have in us," said Nitin Gupta, CEO and co-founder of Finnable.
 
Finnable's success story is a testament to the transformative power of fintech. By disrupting the traditional lengthy loan processes, Finnable has made it easier for salaried professionals to access hassle-free loans in a few hours. The company's focus on innovation, customer-centric approach and responsible lending practices has helped it build a loyal customer base and establish itself as one of the fastest-growing fintech start-ups in the industry. Finnable's achievements are not limited to its ability to provide quick and easy access to loans. The company's success highlights the potential for fintech start-ups to transform financial services and make them more accessible to a wider audience. By leveraging technology and data analytics, Finnable has been able to provide personalized loan offers based on individual needs and circumstances, thereby catering to the diverse financial requirements of its customers.
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