Tag: recognition

  • iThink Logistics Celebrates A Stellar Financial Year With INR 104 Crore Revenue


    iThink Logistics

    Capping off a brilliant year, one of India’s fastest-growing logistics partners, iThink Logistics has punched its best revenue to date.

    MUMBAI: iThink Logistics, Mumbai-based integrated logistics and supply chain solutions, is proud to announce a spectacular close to the financial year 2023–24, having achieved an impressive revenue of INR 104 crore. A substantial portion of this revenue, 94.7%, was generated from the domestic market, underscoring the company’s strong presence across India, particularly in the western region which emerged as the largest contributor.

    As iThink Logistics continues to enhance its international presence, it has set ambitious targets for the upcoming financial year. Building on its established global operations, the company is poised to pursue an 8X growth in its international cross-border revenue, aiming to increase it from 4 crore to 30 crore. This initiative is part of a broader strategy to deepen and expand its cross-border logistics capabilities.

    “Over the last year, we’ve continually pushed our boundaries to achieve remarkable growth, and we intend to carry this momentum forward,” said Zaiba Sarang, Co-founder of iThink Logistics. “As we look to the 2024–25 financial year, our focus is on creating a shipping ecosystem that can create waves not only in India but abroad. We are dedicated to delivering precision, ease, and a vast network, setting new benchmarks in the logistics industry worldwide. Partnering with logistics titans like FedEx and Indian digital commerce pioneers like ONDC enhances our capabilities and positions us uniquely in the global market.“

    iThink Logistics is well-known for its customer-centric approach and utilizes advanced technology, including AI-driven tools and a multifunctional dashboard, to provide top-tier logistics services. These technologies have been critical in enhancing operational efficiencies and customer satisfaction, ensuring that iThink Logistics remains one of the preferred names in the industry. Notably, the company’s innovative offerings like Connect+ and the proprietary WISMO (Where Is My Order) technology enhance the client experience by enabling seamless integration of order tracking with communication channels such as email, SMS, and WhatsApp. Additionally, iThink Logistics meets the modern consumer’s demand for speed and reliability with its Same Day and Next Day Delivery options, providing an offline experience in an online world and ensuring that customers receive their orders when they need them, which is crucial in maintaining customer loyalty and reducing cart abandonment.

    With a focus on scaling up international operations and continuing to excel in all segments of logistics services, iThink Logistics is committed to delivering superior service quality and building stronger partnerships worldwide. Looking ahead, the company is ambitiously forecasting a leap in overall revenue to INR 200 crore for the financial year 2024-25, signifying its confidence in its strategic expansion plans and operational excellence.

  • Bajaj Allianz Life Continues To Deliver On Its Customer First Promise In FY24

    Posts 99.23% Claim Settlement Ratio

    PUNE: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has demonstrated its unwavering commitment to policyholders with a Claim Settlement Ratio of 99.23% for the fiscal year 2023-24. This figure underscores the Company’s dedication to providing prompt and reliable support during the toughest times a nominee faces and ensuring all policyholders that the Company will continue to stand by their family and keep their Life Goals on track. The Claim Settlement Ratio is a crucial metric that gives customers a sense of how an insurance company honors its policyholders’ claims.

    “To stay true to our promise of Customer First, Bajaj Allianz Life has continuously invested towards enhancing processes and empowering its people. Our moment of truth on these investments is when our policyholder’s family member comes forth for a claim. Our latest Claim Settlement Ratio reflects that we are moving ahead in the right direction. Our focus will remain on further enhancing these experiences, leverage new-age tech and innovations to remain our policyholders’ most trusted Life Goals enabler”, said, Tarun Chugh, MD & CEO, Bajaj Allianz Life.

    Bajaj Allianz Life has displayed sustained growth over the years, and while their investments in processes have helped business grow it has also helped the Company settle claims faster. The Company has consistently enhanced its claims settlements through various efforts assistance by experts to family members who can educate and assist them throughout the process, continuous communications with the claimants to keep them updated on the status of their claims, and so on.

    Bajaj Allianz Life continues to keep its promise to customers, and it is reflected through a few milestones. For the period FY 2006 to FY2024, Bajaj Allianz Life settled over 2.8 lakh individual claims, amounting to a total payout exceeding INR. 6400 crores. Another key parameter reflecting the strength of a life insurance company is the rating provided by third-party experts. Bajaj Allianz Life has enjoyed a AAA Stable Rating awarded by CARE for four consecutive years now which underlines the Company’s strong performance across various business metrics and strengthens its position as the preferred life goals enabler.

  • Nexzu Mobility Honors IPL 2024’s Dark Horse Tushar Deshpande


    Tushar Deshpande Riding The Stylish Rompus+ Electric Bicycle

    Nexzu presented the budding cricketers with stylish Rompus+ electric bicycles

    PUNE: Nexzu Mobility, an innovative urban transportation solution provider, celebrates and recognizes the remarkable performances of Tushar Deshpande, throughout the 2024 IPL season. Nexzu has presented the budding cricketers with stylish Rompus+ electric bicycles as an expression of appreciation for their outstanding performances for the teams and supporters.

    Chintamani Sardesai, Business Head of Nexzu Mobility said; “We all at Nexzu are delighted to see what Tushar has accomplished during this IPL season. He is the dark horse of the season and maybe the future of Indian cricket. Offering him our Rompus+ Electric Cycle is our way of appreciating their dedication, hard work, and the inspiration he provides to cricket enthusiasts everywhere. Furthermore, Tushar has a personality that aligns with our brand values of dependability, delivering in trying circumstances, and fostering trust among customers.”

    Rompus+ is the sportier offering sporting from the Nexzu Stable. It comes with a 5.2Ah Li-ion battery, which can reach up to speeds of 25km/h. Made with Cold Rolled Steel, the bike can travel a distance of 33kms in the throttle mode on a full charge. It comes with 26-inch puncture-resistant nylon tube tyres fitted with dual disc Brakes. Rompus+ also comes with three ride modes, and a comfy cushioned seat to provide maximum support and comfort during the ride.   

    Nexzu Mobility stands at the forefront of the electric mobility revolution, blending cutting-edge technology, impeccable design, and eco-conscious values to reshape urban transportation. To meet the needs of both B2B and B2C markets, Nexzu Mobility has created and engineered three aspirational EV-cycles: Rompus+, RoadLark, and Bazinga which are available at an affordable price. The indigenously developed products are 95% localized with in-house developed powertrain systems and are manufactured in Pune. Nexzu EV-cycles are developed, keeping in mind the needs of Indian consumers, rethinking cycling, and expanding the boundaries of sustainable transportation.

  • Straight Back To Work For The Repsol Honda Team In Mugello


    Repsol Honda Team in Mugello

     MotoGP 2024 Round 7 Preview, Gran Premio d’Italia

    ITALY: An intense burst of action with back-to-back races and a test for Joan Mir and Luca Marini as the 2024 MotoGP World Championship season progresses at pace.

    The first back-to-back weekend of the season sees the Repsol Honda Team travel the 1,000 kilometers plus from Barcelona to Mugello for another weekend of MotoGP action. A classic on the MotoGP calendar, the Autodromo Internazionale del Mugello is known for its incredibly straight and fast, flowing corners. The layout of the circuit will give both teams and riders a great opportunity to continue collecting data and working towards the future.

    Local hero Luca Marini enters the weekend eager to embrace the boost from his home fans off the back of a weekend of progress in Barcelona. Recent upgrades and changes to the Honda RC213V have helped Marini to improve his feeling and close the distance to the other Honda riders, authoring a strong start to the Catalan GP where he challenged for top Honda honors.

    On the other side of the Repsol Honda Team garage, Joan Mir is targeting a return to his early-year form. Despite taking points and fighting for top Honda honors in Barcelona, Mir is hungry for more around the Italian track. His best premier class result at the track came in 2021 when he finished third.

    Luca Marini said, “Your home GP is always something nice and I am excited to go there as a factory Honda rider for the first time. I want to enjoy the weekend with the Italian fans and enjoy their support. We made progress in Barcelona and I know that we can keep building on what we found during our private Mugello test for this coming weekend. It’s all about making this progress at each round and continuing to feel better and better. You can understand a lot about a bike around Mugello so the weekend, and post-race test, will be very useful for us.”

    Joan Mir said, “We have this race and a test before a bit of a break in the calendar. I want to extract the maximum possible from this weekend to recover from the tricky weekend we had in Barcelona. Everyone in the team and HRC is working hard to make improvements and continue development. We have some ideas already from the test we had here, so let’s keep on going and enjoy riding.”

  • Rotary-Led Water Conservation Program Awarded US$2 Million To Assist Indian Farmers

    “Partners for Water Access and Better Harvests in India” will support climate-resilient agriculture and groundwater water storage to help farmers improve harvests and yields

    NEW DELHI: With limited irrigation facilities in India, many farmers are dependent on rainfall, leaving them vulnerable to the impacts of climate change. Extreme weather events like droughts, floods, and storms affect soil fertility, crop yields, and livestock production – all of which have led to reduced productivity and income for farmers.

    To improve water resource management and farming practices in India, a Rotary club-led initiative is making significant strides to help farmers improve their harvests, increase yields, and raise their incomes to help them enhance conditions for their families and create more resilient communities.

    Rotary members, experts, and technical advisors will collaborate with local and national governments to strengthen farmers’ capacity at the community level in four states – Rajasthan, Uttar Pradesh, Madhya Pradesh, and Maharashtra.  

    The program aims to:

     increase groundwater tables by 10-15 percent each year,

    extend the area of cultivation by 20-30 percent by increasing the availability of water,

    improve the incomes of approximately 60,000 farmers by an estimated 25-30 percent,

    introduce drip irrigation to reduce soil erosion on 4,113 hectares (more than 10,000 acres) of land by planting native species and fruit trees.

    “In a country where only 50 percent of the arable land is irrigated, I have seen the plight of farmers who pray fervently to the rain gods so that they may have enough bountiful harvest and enough income to survive till the next crop. I have seen the distress in families of marginalized farmers in years of failed monsoons. Making more water available is the panacea for the more than half of the population that subsists on agriculture”, said Sudhanshu Pachisia, Club President of the program sponsor Rotary Club of Delhi Premier.

    Throughout India, Rotary clubs have supported the construction of rainwater harvesting structures and improved irrigation, which allow farmers to harvest crops more than once per year and increase yields.

    ‘Partners for Water Access and Better Harvests in India’ is Rotary’s fourth Programs of Scale recipient – an annual competitive grant process that awards US$2 million to an evidence-based program that aligns with one of Rotary’s causes and has the capability for scaling up to help more people. The programs are sponsored by Rotary members in collaboration with local communities and partner organizations.

    “Congratulations to the Rotary Club of Delhi Premier and their partners for taking action on their vision to empower rural communities in India to improve their crops and increase their yields through water security and climate-resilient practices,” said Rotary International President Gordon McInally. “With these life-saving and sustainable innovations, farmers can now begin to plant the seeds for a healthier and more hopeful future.”

    Rotary members throughout the world develop and implement sustainable, community-driven projects that fight disease, promote peace, provide clean water, support education, help mothers and children, grow local economies, and protect the environment. Over the last 100 years, US $5.5 billion has been awarded through The Rotary Foundation – Rotary’s charitable arm that helps clubs work together to perform meaningful, impactful service.

    Bharat Pandya, Trustee, of The Rotary Foundation said, “As People of Action focused on increasing impact, Rotary members invest in relationships, make decisions grounded in evidence, and mobilize their networks to create solutions that last. Programs of Scale is an effort to implement sustainable projects that empower our communities and create measurable impact. I’m very proud that this year’s Program of Scale has been awarded to the Rotary Club of Delhi Premier in India for addressing the issue of water scarcity and its impact on agriculture and the livelihoods of farmers.  The grant will help the club in bringing a change, advancing environmental sustainability, and ensuring a brighter future for rural communities in India.”

    Mayank Gandhi, Managing Trustee at Global Vikas Trust said, “I congratulate the Rotary Club of Delhi Premier for getting this prestigious grant to help the farmers of India. We know that it is the poorest of the poor that bear the greatest brunt of the climate crisis, and we at Global Vikas Trust believe that the only way to transform their lives is by sustainable agriculture at scale. We have been planting trees and working on water conservation for several years now, and through this association with Rotary, we hope to help thousands of farmers in one of the worst-hit areas of India, which is drought-prone, poverty-ridden and reports some of the highest numbers of farmer suicides. We look forward to working together on this collaboration and hope that we can impact the lives of farmers significantly in the long term.”  

    Sharad Jaipuria, Chairman of PHD Rural Development Foundation said, “PHD Rural Development Foundation in partnership with Rotary looks forward to empowering farming communities in remote rain-fed rural India. The partnership will focus on climate-resilient agricultural practices to improve the socio-economic conditions of 30,000 farmers, with 45 percent being women, by diversifying to high-value crops like fruit plantations and multilayer vegetable farming, along with groundwater recharge by generating a water potential of more than 10.45 million Cubic feet through sustainable natural resource management. The project will be executed in an integrated community participatory approach in collaboration with the Government; with the community being one of the key stakeholders.”

    Prasanna Khemariya, CEO, of Self-Reliant Initiatives through Joint Action (SRIJAN) said, We are pleased to announce SRIJAN’s partnership with the Rotary Club of Delhi Premier to empower women farmers and foster sustainable livelihoods in Jhansi and Niwari districts. Through our combined efforts in water conservation, climate-smart agriculture, and livelihood initiatives, we aim to benefit 1500 women farmers and facilitate the plantation of 7000 trees. This project will create eight crore liters of water potential, transforming 700 acres of agricultural land. Together, we are committed to driving positive change and creating a resilient, prosperous future for rural communities.”

  • LG ELECTRONICS ORGANIZES GRAND TECH SEMINAR IN BENGALURU


    Himendu Sinha, Sr. VP & Business Head, Business Solutions, LG Electronics India at LG Grand Tech Seminar, Bengaluru

    LG showcased its flagship Business Solutions products, including a 21:9 Widescreen All-in-One active LED Display, LG MAGNIT All-in-One Micro LED, 110 Smart UHD Large Screen Signage Display, Hospitality displays, and software solutions.

    BENGALURU: LG India, a major consumer durable company and the world’s leading provider of innovative, customizable, and feature-packed Commercial Displays & Solutions, organized the Grand Tech Seminar on May 24, 2024. LG showcased its cutting-edge innovations at the seminar under the theme of REINVENT “INNOVATION” at Hilton Bengaluru Embassy, Manyata Business Park, Bengaluru.

    At the Grand Tech Seminar, LG Electronics India showcased various products in the corporate, education, retail, aviation, and hospitality space. The products include 171 (21:9) Wide Format LG active LED All-in-one, LG MAGNIT All-in-One (136), LG CreateBoard, 110 Smart UHD Large Screen Signage Display, LG Software Solutions, and LG Hotel TV amongst others.

    The Grand Tech Seminar aims to provide a live experience of LG’s world-class digital signage, LED display, and software solutions, all under one roof, for its customers, partners, system integrators, and the city’s many high-net-worth individuals (HNIs).

    Mr. Hemendu Sinha, Senior VP & Business Head, Business Solutions, LG Electronics India, said, “At LG Electronics, innovation is at the heart of everything we do. Our goal is to continuously reinvent and push the boundaries of technology. At the Grand Tech Seminar, our focus is to demonstrate the practical applications of our solutions in real-world scenarios. This seminar is a testament to our commitment to providing cutting-edge technology and exceptional experiences to our valued customers, partners, and stakeholders.”

    171 (21:9) Widescreen All-in-One LED Display

    LG’s 171 (21:9) Widescreen LED Display series provides an immersive viewing experience with a wider screen than a standard 16:9 aspect ratio display. Its screen specialization helps display 21:9 content, including widescreen videoconferencing platforms with natural details. The built-in speakers ensure high-quality audio. This all-in-one package simplifies installation with an embedded controller and remote control operation. Maintenance is easy with front-accessible LED modules that can be quickly replaced using a magnetic tool. It also includes Office Meeting Mode, which easily configures meeting room details like the room number and current time. It also includes convenient features like automatic input switching, a presentation timer, and adjustable settings such as auto brightness and picture mode.

    LG MAGNIT All-in-One Micro LED

    LG MAGNIT’s Micro Pixel Pitch Technology delivers crystal-clear images with advanced LED chips for precise detail and color accuracy. The LAAA series modules form a large screen showcasing vibrant colors and clear night views. Enhanced by Chip Transfer and Surface Treatment Technology, LG MAGNIT ensures superb color uniformity and reduces distortion across wide viewing angles. Black Coating Technology provides deep, rich blacks, ideal for high-contrast content. The AI-powered Alpha 7 Intelligent Processor tailors display settings for each scene, delivering highly realistic and vivid images.

    LG CreateBoard

    LG CreateBoard is an educational tool designed to enhance classroom engagement with features like multi-touch detection for up to 40 points, lifelike touch experiences, and various interactive tools such as rulers, tables, and sticky notes. It simplifies resource management through easy import and export from Google Drive, OneDrive, and USB drives. It supports real-time sharing of up to nine screens via the LG CreateBoard Share app. Additionally, its Bluetooth connectivity allows seamless integration with devices like speakers, mouse, and keyboards, making it an ideal solution for schools, teachers, and students seeking a dynamic and engaging learning environment.

    110 Smart UHD Large Screen Signage Display

    The UM5K series UHD Large Screen Signage Display with LG webOS Platform offers immersive viewing with four times the resolution of Full HD and a brightness level of 500 nits for clear visibility in various indoor settings. LG’s webOS platform enhances user convenience with intuitive GUI and multitasking capabilities. Built-in speakers provide rich audio, eliminating the need for external speakers. With a slim design and minimal bezel, it offers a sophisticated look and supports Crestron Connected® for seamless integration and automated control. SuperSign Solutions offers intuitive content management for both on-premise and cloud environments.

    LG Pro: Centric Hotel TV

    LG Pro:Centric Hotel TV sets the hotels apart with advanced solutions that elevate guest experiences. These TVs provide a welcoming touch with multi-language welcome messages featuring attractive templates and customizable functions. LG Hotel TV Smart offers customizable tools to optimize the viewing experience, while IP-based programs deliver premium hotel services directly without requiring a set-top box. With LG Pro:Centric Hotel TV, you can enhance guest satisfaction and create memorable stays.

  • GERA DEVELOPMENTS HOSTS ‘MEET THE CHAMPION’ SERIES WITH INDIAN OLYMPIC BOXER MARY KOM


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  • BenQ Launches SW242Q Monitor – NRI News


    BenQ SW242Q Monitor

    A High-Precision Color Powerhouse for Photographers and Videographers, Redefining Creative Workflows

    INDIA: BenQ, a leader in display technology solutions, has unveiled the SW242Q monitor, meticulously designed to meet the stringent color accuracy and precision demands of professional photographers, videographers, and creative artists. This cutting-edge 24.1-inch 2K display merges BenQ’s industry-leading color management innovations with a host of user-friendly features, empowering creative professionals to realize their artistic visions with true-to-life fidelity from concept to final output.

    The SW242Q harnesses BenQ’s proprietary AQCOLOR technology to achieve an impressive 99% Adobe RGB, 98% DCI-P3, and 100% sRGB color gamut coverage. Its 16-bit 3D LUT, ΔE ≤ 1.5 color accuracy, and Calman Verified certification ensure the industry-standard color precision that creative professionals depend on. The monitor’s anti-glare, finely coated panel enables accurate soft-proofing, allowing photographers to preview printed colors faithfully on-screen before final printing.

    To ensure color accuracy, BenQ’s third-generation Uniformity Technology precisely calibrates color and brightness across hundreds of screen zones, ensuring flawless consistency from corner to corner. The monitor’s HDR10 support and compatibility with various video formats such as 4:4:4, 4:2:2, and 4:2:0, along with compatibility with AJA and Blackmagic SDI devices, cater to the sophisticated needs of professional videographers.

    “The SW242Q monitor is an expression of BenQ’s dedication to empowering creative professionals with cutting-edge solutions,“ stated Rajeev Singh, Managing Director, BenQ India and South Asia. “With its outstanding color accuracy, anti-glare panel, and efficient hardware calibration through Palette Master Ultimate, this monitor will not only enhance creative workflows but also ensure industry-leading results.“

    Key Features:

    24.1-inch 2K IPS Panel: Provides a resolution of 2560 x 1600 with a 16:10 aspect ratio and wide viewing angles, delivering sharp and vibrant images ideal for detailed work.

    Proprietary AQCOLOR Technology: Ensures exceptional color accuracy with 99% Adobe RGB, 98% DCI-P3, and 100% sRGB coverage, catering to the color-critical needs of creative professionals.

    16-bit 3D LUT and ΔE ≤ 1.5 Color Accuracy: Offers precise color calibration and consistency, verified by Calman certification, ensuring industry-standard results.

    Anti-glare, Fine-coated Panel: Minimizes reflections and allows accurate on-screen soft-proofing, enabling photographers to preview printed colors faithfully.

    3rd-generation Uniformity Technology: Ensures flawless color and brightness consistency across the entire screen, enhancing the accuracy of visual content.

    HDR10 Support: Provides high dynamic range for richer color and contrast, compatible with various video formats including 4:4:4, 4:2:2, and 4:2:0.

    SDI Connectivity: Integrates seamlessly with AJA and Blackmagic SDI to HDMI devices, meeting the connectivity requirements of professional videographers.

    Hardware Calibration: Utilizes the new Palette Master Ultimate software for precise and efficient color calibration, maintaining color accuracy over time.

    Paper Color Sync: Facilitates seamless color matching from on-screen display to print, ensuring that printed output matches the on-screen preview.

    USB-C with 90W Power Delivery: Supports video, audio, data transfer, and device charging through a single cable, simplifying the workspace setup.

    The SW242Q’s design seamlessly integrates several user-centric features, such as a leatherette base for securely placing cameras and lenses, an easy-carry handle for portability, improved cable management for a tidy workspace, and a 5-way navigation key with a dedicated information button for efficient color evaluation during retouching.

    Price and Availability:

    The BenQ SW242Q monitor is priced at Rs. 38,500 and is available at the BenQ India E-store, Amazon India, and leading photography retail outlets across India.

  • Jawa Yezdi Motorcycles Ignites The Streets With All-New 42 Bobber Red Sheen


    Jawa Yezdi: All-New 42 Bobber Red Sheen

    PUNE: Jawa Yezdi Motorcycles, a leading manufacturer known for its performance-classic motorcycles, today launched the head-turning Jawa 42 Bobber Red Sheen at the All You Can Street Festival (AYCS) in Mumbai. Priced at Rs 2.29 lakh (ex-showroom Delhi) and positioned as a top-of-the-line variant, the Red Sheen joins the popular Black Mirror edition.

    The launch at AYCS, a festival celebrating culture through fashion, music, and art, reflects Jawa Yezdi Motorcycles’ commitment to fostering a vibrant lifestyle and motorcycling culture. The brand’s deep connection with subcultures aligns perfectly with the festival’s spirit of artistic expression.

    Following the success of the Jawa 42 Bobber, Jawa Yezdi Motorcycles aims to solidify its bobber segment leadership with the Red Sheen. Featuring a striking red fuel tank stripe, this new variant caters to a younger audience seeking a bold and distinctive ride.

    The Red Sheen boasts a dazzling chrome finish on the tank and diamond-cut alloy wheels, enhanced with the convenience of tubeless tires. The powerful 334cc liquid-cooled engine delivers 29.9PS and 30Nm of torque, paired with a smooth and precise six-speed gearbox. Rider comfort is ensured by an assist and slip clutch, seven-step pre-load adjustable rear mono-shock, two-step adjustable seat, USB charging port, digital console, and full LED lighting.

    “The Jawa 42 Bobber has been a phenomenal success, and we’re thrilled to expand the family with the introduction of the Red Sheen,” says Ashish Singh Joshi, CEO of Jawa Yezdi Motorcycles. “This head-turning variant injects a shot of vibrant energy into the bobber segment, catering to a new generation of riders who crave a motorcycle that reflects their individuality. The launch at the All You Can Street Festival perfectly embodies Jawa Yezdi Motorcycles’ commitment to fostering a culture that celebrates self-expression and a love for riding.“

    With the launch of the 42 Bobber Red Sheen, the company anticipates a surge of interest from Gen-Z customers who value a motorcycle that blends timeless heritage with cutting-edge style. The Red Sheen offers a compelling choice for riders seeking a head-turning presence on the streets. The recently refreshed Jawa Perak, along with the Jawa 42 Bobber, forms the current ‘Factory custom’ portfolio for Jawa Yezdi Motorcycles, complementing the existing lineup that includes the Jawa 350, Jawa 42, Yezdi Roadster, Yezdi Scrambler, and Yezdi Adventure.

    The pricing for the Jawa Perak and various Jawa 42 Bobber variants (ex-showroom Delhi) is as follows:

    Jawa Perak: Rs 2,13,187

    Jawa 42 Bobber – Moonstone White: Rs 2,09,500

    Jawa 42 Bobber – Mystic Copper Spoke Wheel: Rs 2,12,500

    Jawa 42 Bobber – Mystic Copper Alloy Wheel: Rs 2,18,900

    Jawa 42 Bobber – Jasper Red Dual Tone Spoke Wheel: Rs 2,15,187

    Jawa 42 Bobber – Jasper Red Dual Tone Alloy Wheel: Rs 2,19,950

    Jawa 42 Bobber – Black Mirror: Rs 2,29,500

    NEW Jawa 42 Bobber –Red Sheen: Rs 2,29,500

  • ManipalCigna Celebrates 10 Years Of Exceptional Growth And Service In The Health Insurance Industry


    ManipalCigna Celebrates 10 Years of Exceptional Growth and Service

    MUMBAI: ManipalCigna Health Insurance, one of India’s fastest-growing standalone health insurance companies, today marks a significant milestone as it commemorates 10 years in business. Since its inception in 2014, ManipalCigna has demonstrated remarkable growth, cementing its position as a trusted Health Insurance Expert in safeguarding the health and well-being of millions across India.

    The Company has grown exponentially since its inception, with a 3.5x increase in Gross Written Premium (GWP) and a 2x rise in market share based on the overall health insurance market over the last 5 years. In 2023-24 (FY24), the company reported a GWP of INR ~17 billion, growing at 28% CAGR over the last five years. With an unwavering commitment to customer-centricity, ManipalCigna has also witnessed a steady increase in its customer base, serving over 19 million active lives with comprehensive health insurance solutions tailored to their needs.

    Commenting on this milestone occasion, Prasun Sikdar, Managing Director and CEO, of ManipalCigna Health Insurance, said, “As we celebrate this momentous occasion, I am humbled and proud of what ManipalCigna has achieved over the past decade. Our journey has been defined by a steadfast commitment to our customers’ health and financial well-being. Looking ahead, we remain dedicated to a culture of innovation and advancing quality healthcare accessibility to make a positive impact on the health and financial well-being of millions across India.“

    Sikdar, further added, “As we embark on the next phase of our journey, we at ManipalCigna remain steadfast in our mission to provide our customers with easy and lifetime access to quality healthcare. In the next 10 years, we aspire to achieve 10x GWP through continuous distribution expansion and focus on multi-channel, multi-product, and multi-segment approaches. Additionally, we will continue to invest in our people, processes, and technology to ensure that we remain at the forefront of the health insurance industry”.

    ManipalCigna Health Insurance has witnessed robust growth over the past decade. The company has expanded its employee base to 2,800 employees in FY24. Additionally, ManipalCigna has expanded its agent network, with the number of agents increasing from 12,000+ in FY19 to 70,000+ in FY24, representing a significant growth rate of 5x. The company has also increased its branch network in the last few years, with the number of branches growing from 23 in FY19 to 79 in FY24.

    Over the years, ManipalCigna has introduced several innovative products tailored to meet the diverse needs of its customers, including ProHealth Prime, Prime Senior, and LifeTime Health, which cater to different segments and provide comprehensive coverage for various healthcare needs. The company’s rich expertise, along with differentiated product and technology-led innovations with customer-centricity at the core has helped ManipalCigna expand its footprint across India, bringing its comprehensive health insurance solutions to every corner of the country. Over the past decade, ManipalCigna has also garnered widespread industry recognition for its pioneering initiatives and received numerous prestigious awards, for its innovative products and services.

    Looking ahead, ManipalCigna Health Insurance is poised for continued growth and success. The company has outlined a strategic roadmap for the next decade, focusing on productivity, efficiency, product diversification, and digital transformation, to drive innovation and enhance customer experience across all touchpoints.