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Business Wire India - Multimedia: Digest for February 22, 2024

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

In the ever-evolving world of finance, Motilal Oswal Financial Services Ltd is setting a new benchmark with the launch of its innovative share market mobile app, "Rise". Designed to transform the landscape of stock market trading, Rise brings a fresh perspective to investing in India, catering to both seasoned traders and beginners with its user-friendly interface and advanced features.
 
In the words of the developers - Rise is more than just a stock market trading app; it's a gateway to a simplified and efficient trading experience. The app boasts groundbreaking features such as single-screen trades, allowing users to execute transactions effortlessly. Its swift execution capability ensures that time-sensitive trades are handled with precision. Furthermore, the app's easy access to an options store empowers users with ready-made options trading strategies, tailored for various market scenarios.
 
The advent of Rise marks a significant shift from traditional web-based trading to a more dynamic mobile platform. This transition resonates with the contemporary trader's lifestyle, offering flexibility and convenience. Motilal Oswal has ingeniously integrated educational tools within the app, making it an ideal platform for beginners and student traders. These features enable users to learn and trade on the go, demystifying the complexities of stock market investing.
 
Ajay Menon, MD and CEO of Retail Broking and Distribution at Motilal Oswal, remarks, "Rise is not just an app; it's a revolution in mobile trading. We've focused on creating a platform that is intuitive yet powerful, catering to the needs of the modern investor." Apurva Chaudhary, Senior Vice President, Head of Digital Business, adds, "Our aim was to make investing seamless and accessible. Rise does just that, with features like home screen recommendations and easy access to expert advice, ensuring that our users are always a step ahead in the trading and investing game."
 
Motilal Oswal Financial Services Ltd, a trailblazer in the financial services sector, continues to innovate and excel. With a legacy of excellence and a commitment to customer-centric solutions, the company has consistently been at the forefront of financial innovation. The launch of Rise is a testament to their dedication to providing cutting-edge technology and comprehensive services to their clientele, including Demat account management, share market insights, and robust trading platforms. To know more about Motilal Oswal Financial Services Ltd, log into their website at www.motilaloswal.com.

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Business Wire India

Sunovaa, a leading IT services provider, is thrilled to celebrate its 14th Foundation Day, marking a significant milestone in the company's journey of innovation and success. Over the years, Sunovaa has emerged as a trusted partner in the IT industry, focused on supporting Process Industry dominated by Conglomerates & BFSI segment for their Captive Development Centres offshore & onsite.
 
Sunovaa's journey is characterized by the expansion of its global footprint with the establishment of offices in Singapore in 2016 and Malaysia in 2023 and is characterised by following the footprints of its customers in various geographies holding a prominent position in the international IT services arena. Sunovaa consistently receives a commendable rating of 4.5 out of 5 in the ISO Annual Survey, underscoring its commitment to quality and customer satisfaction.
 
Puneet Sinha, MD & Group CEO of Sunovaa, expressing his enthusiasm for the company's Foundation Day and the journey ahead, stated, "As we celebrate this milestone, I am filled with pride reflecting on our growth and accomplishments. Sunovaa's success is a testament to our dedicated team, unwavering commitment to quality, and the trust our clients place in us. Looking forward, we are excited about the possibilities in Compute Vision, Machine Learning, and Generative AI, as we continue to innovate and contribute to the ever-evolving landscape of IT services."
 
Sunovaa also developed Dataklout in 2019, a multilingual customer intent & Emotional Intelligence Analysis prediction using Voice AI. This innovative offering integrates the intent & emotions in human decision-making process, it is designed to comprehend human voice conversations, provide valuable insights, and identify emerging trends. With a focus on understanding human intent and its impact, Dataklout represents Sunovaa's dedication to staying at the forefront of technological advancements.
 
Sunovaa's impact on the industry is evident through its specialized IT services, focusing on on-site projects in the process industry and BFSI. The company provides a range of services, including data sciences labs, IT consulting, AI, machine learning, dashboard creation, reporting, and more, catering to sectors such as travel, telecom, and power. As the industry evolves, Sunovaa is poised to play a pivotal role in driving manufacturing automation through innovative solutions, particularly in the implementation of Factory 4.0.
Business Wire India

BOULT, the fastest-growing wearable brand is getting ready to launch the newest TWS soon, an addition to the coveted Z40-Series range which has been the most successful TWS from the brand.

Having exceeded all expectations the BOULT Z40 has so far sold over one million units over the past year. Further, it has also led from the front when it comes to consumer ratings with an average rating of 4.1 on e-commerce platforms, with 1,83,028 ratings and 27,968 reviews. To top it all the BOULT Z40 was also recognized as one of the best-selling TWS Globally by Counterpoint Research and is a crowd favourite.
 
Speaking about the success of the Z-series Varun Gupta, Co-Founder, BOULT said, "When we launched Z40 we were very confident of the product and we knew it would be a success in the market but its performance exceeded all our projections. As we get set to launch the new generation of Z40-Series in India the onus is on BOULT to ensure that the experience of the customers is even better. We hope to continue building on our reputation of launching top-of-the-shelf products that give a seamless audio experience to our customers."
 
Jagjeet Harode, Vice President, Electronics, at Flipkart said, "We are pleased to witness the success of BOULT's Z40 on Flipkart marketplace. The brand has performed well and has garnered very positive response from consumers that reflects the brand's ability to connect with the diverse preferences of our customer base. We are delighted to be part of BOULT on their journey to deliver high-quality audio solutions to our valued customers. Flipkart is committed to spearheading and continues to launch and scale new technologies on its platform." 
 
Anshika Jain, Senior Analyst at Counterpoint Research stated, "BOULT's Z40 was among the top 10 best-selling TWS models in India in 2023. A value-for-money device, the Z40 excels in terms of providing quality, design, comfort and fit under the $ 25 price point."
Business Wire India

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today signed a Memorandum of Understanding (MoU) with Eurolife FFH, a leading insurance company in Athens, Greece powered by Fairfax Digital Services, to establish first-of-its-kind Gen AI and Digital Hub in Athens and dedicated facilities in Poland, Europe and Mumbai, India.
 
The MoU was signed by Sudhir Chaturvedi, President and Executive Board Member, LTIMindtree, Alexandros Sarrigeorgiou, Chairman & CEO, Eurolife FFH Insurance Group and Sanjay Tugnait, President & Chief Executive Officer, Fairfax Digital Services, in the presence of Kyriakos Mitsotakis, Prime Minister of Greece at the residence of Greek Ambassador in Delhi. This announcement also aligns with the Government of India's newly introduced "Anusandhan" scheme, aimed at catalyzing innovation and research within the technology and startup ecosystem.

As a part of this association, Eurolife FFH will set up Generative AI and Digital Hub in Athens to develop innovative solutions for insurance businesses in Greece and LTIMindtree will provide deep domain expertise and support from its dedicated facilities in Poland and Mumbai. Professionals from both the companies will jointly undergo specialized training in Generative AI and Digital Transformation to develop cutting edge products and services that will enhance customer experience and operational efficiency for businesses across insurance, banking, shipping, and manufacturing industries.  

Alexandros Sarrigeorgiou, CEO of Eurolife FFH, said, "This partnership is aligned with our ambition of leveraging the power of advanced technology to deliver innovation for our customers and partners. Our goal is to innovate; specifically in the insurance space, and push boundaries to create solutions that meet evolving needs of customers across various other industries. This collaboration is a step towards a future where Gen AI and digital innovation will drive business success and enhance customers' experience."

Sudhir Chaturvedi, President and Executive Board Member, LTIMindtree, said, "Our collaboration with Eurolife FFH forms a crucial part of our strategic roadmap, aimed at driving transformative growth for businesses by unlocking the true potential of Gen AI. By merging LTIMindtree's innovation capabilities with Eurolife FFH's domain expertise, we are staging a platform for an accelerated adoption of new technologies to address the industry's most pressing challenges, while establishing new benchmarks in both domestic and international markets."

Sanjay Tugnait, President, and CEO of Fairfax Digital Services, said, "As Greece and India unite in establishing a Gen AI and Digital Hub, our collaboration transcends borders and algorithms. Together, we engineer a convergence of technological prowess, laying the foundations for creating leading edge industry solutions to enable revenue generation and cost optimization for businesses with a focus on enhancing customer experience. This partnership exemplifies the fusion of diverse cultures and shared visions, which will shape the future landscape of artificial intelligence and digital transformation."
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