As per the recent media reports, the Reserve Bank of India (RBI) is developing an AI-enabled system that will alert people in real time about financial scams.
An AI-based warning system would identify suspicious transactions as they are going to be made, and individual banks will access a central bank data repository that has information on different kinds of frauds and their offenders. In order to lower the danger of cyber fraud, the system will employ AI to gather and evaluate data on possible frauds, identify high-risk platforms, and alert users during transactions.
Even while cybercrime is still under control, the RBI believes that taking a proactive stance is essential to tackling new issues in the online financial sector. Indeed, MuleHunter AI, an artificial intelligence and machine learning (AI/ML) model, has already been created by the Reserve Bank of India Innovation Hub (RBIH), a division of the RBI, to assist banks and other financial institutions in identifying so-called mule accounts that fraudsters utilise. In contrast, the new system will protect digital transactions and notify users.
RBI Shaping the Cybercrime Fee Banking Services
To identify and stop cyber fraud, the RBI has been developing an AI-enabled fraud information system for some time. Implementing AI that can learn from previous frauds to flag high-risk transactions is one of the proposals made by an expert panel on cyber frauds that the RBI established.
The method seeks to increase banks’ and payment gateways’ readiness to identify possible fraud while making it more difficult to cash out illicit funds. The frequency and average magnitude of cyber frauds are increasing, despite the fact that current fraud rates are still modest at about one every 114,000 transactions. All of them, then, are a component of the strategies to raise public awareness in order to help stop victimisation.
In 2015, the central bank formed the Cyber Security and IT Examination (CSITE) cell under its Department of Banking Supervision, in addition to establishing several groups to combat cyber fraud. Additionally, it established a Fraud Monitoring Cell that publishes a list of bank and financial institution officials who are in charge of reporting fraud.
Making Guidelines More Stringent
Using information from the Indian Cybercrime Coordination Centre, a government agency tasked with combating cyber fraud, the central bank has also revised instructions for banks. The 2024 Deloitte-NASCIO Cybersecurity Study states that as the digital landscape grows and more personal, health, and financial data is available online, along with critical infrastructure like power, water, and transportation systems integrated with online components, cybersecurity is becoming a top priority for governments, regulators, and corporations. This increases vulnerabilities.
According to the research, which was published on September 30, governments and regulators are realising more and more how important strong information security is to the dependable running of important government services.The area of attack is expanding. Both the Internet of Things and the Internet itself are generating more information. The public’s financial, health, and other personal information is stored on more servers in more locations than ever before. According to the report, online operational components are connected with more important infrastructure.
It further stated that state officials are realising that information security is fundamental to the effective operation of vital government services and that all of this leads to an increase in the number of sites of risk.
Online Fraud Cases are Growing
The number of banking frauds rose by almost 300% in FY24 compared to the previous two years, according to the RBI’s May annual report. According to the data, public sector banks reported 75% of the total fraud amount in FY24, while private sector banks recorded 67% of the fraud incidents. According to the RBI statistics, the total number of online fraud cases rose by 708% to 29,082 in FY 23 and FY 24.
The massive South Korean gaming company Krafton hopes to increase its presence in India by assisting domestic investors in taking advantage of the country’s developing startup scene. The first of these investors is IMM Investment, a multi-asset investment company established in South Korea that manages assets under management (AUM) of around $7 billion in three segments: infrastructure, growth equity, and venture capital. In addition to Korean unicorn businesses Woowa Bros, Bucketplace, Musinsa, and Krafton itself, which is listed on the Korea Exchange, its portfolio also includes NYSE-listed Coupang.
Krafton and IMM Investment’s Partnership
IMM Investment and Krafton’s India division announced on October 29 that Krafton would be the anchor investor in IMM’s first India fund. However, the business didn’t reveal any particulars.
An exciting new chapter in the company’s efforts to support India’s startup ecosystem has begun with Krafton India’s collaboration with IMM. According to Sean Hyunil Sohn, CEO of Krafton India, the company hopes to assist entrepreneurs in vital industries in growing and succeeding by bringing more South Korean capital, knowledge, and international viewpoints to the Indian market. This would ultimately improve India’s standing on the international scene.
Additionally, he noted that this partnership supports the government’s Invest India drive, improves investor connections between South Korea and India, and speeds up the expansion of Indian businesses.
Investment Plans
The IMM India Fund will support entrepreneurs in industries like DeepTech, Software-as-a-Service (SaaS), Fintech, Gaming and Media, and Consumer Brands. Its primary focus will be on growth-stage businesses that exhibit significant IPO potential and stand to gain from connections to South Korean money and experience.
It has made its initial investment in Sugar Cosmetics, a beauty and personal care brand based in Mumbai that was established in 2015 by Vineeta Singh (Shark Tank India fame) and her spouse Kaushik Mukherjee.
IMM Investment’s current India investment lead, Prakhar Khanduja, disclosed that the fund had made a secondary investment of $3 million in Sugar Cosmetics. According to Khanduja, the fund closed for the first time in December of last year and would incorporate funds from the parent fund as well as several other limited partners (LPs). He did not, however, provide precise information about the fund’s size. By the end of the year, the fund intends to close another investment, he added.
“For the upcoming year, secondary investments will be our primary focus. The secondary market contains some excellent assets. We’ll go primary as well if there’s a primary (investment opportunity) available,” Khanduja stated. According to Khanduja, the IMM India Fund would only support entrepreneurs and business plans that are either profitable, at least operationally, or approaching profitability.
If a business is successful or on the verge of becoming so, the public market will at least experience some kind of liquidity event within the next three years. “Every time we enter a new market, we have focused on it, and we will continue to do so in India,” he said.
The Reserve Bank of India (RBI) has granted Cashfree Payments, a prominent player in the payments and API banking industry in India, a Prepaid Payment Instrument (PPI) licence.
The RBI has granted Cashfree Payments the Payment Aggregator (PA), Payment Aggregator-Cross Border (PA-CB), and Prepaid Payment Instrument (PPI) licenses, making it one of the first fintechs to attain these licenses. With the use of this licence, the firm will be able to offer improved digital payment options via prepaid instruments, making transactions between companies and their clients easier.
A new avenue for innovation in the payments industry is made possible by the PPI licence. The company’s goal has always been to give Indian businesses and its clients safe, adaptable, and effective payment experiences. According to Cashfree Payments CEO and cofounder Akash Sinha, the PPI license will assist Cashfree Payments in developing products that enable online companies to maintain and expand their customer base.
Cashfree Payments Expanding its Operations
In July, the business acquired a cross-border payment aggregator licence, allowing import and export transactions. It happened after the RBI gave it a payment aggregator licence in December 2023, enabling it to function in the online merchant payment market.
Cashfree Payments, which was founded in 2015 by Sinha and Reeju Datta, collects payments, pays vendors, disburses wages, reimburses expenses in bulk, and offers loyalty benefits to about 600,000 enterprises in India. The company handles transactions totalling approximately $80 billion yearly. Supported by investors including State Bank of India, Y Combinator, and Apis Partners, the business has also introduced products in eight additional nations, including the US, Canada, and the United Arab Emirates.
The National Payments Corporation of India certified Cashfree Payments earlier this month for its Unified Payments Interface Switch service, which enables it to interface directly with any bank’s core systems to provide its merchants with greater transaction success rates.
‘Piramal Pay’ Likewise Also Received RBI’s Nod
The Reserve Bank of India (RBI) has also granted permission to Piramal Payment Services Limited, a division of Piramal Capital & Housing Finance Ltd, to launch and run its “Piramal Pay” prepaid payment instrument (PPI) service.
The company emphasised that this authorisation, which was given in accordance with the Payment and Settlement Systems Act of 2007, is a major step towards providing millions of users throughout India with cutting-edge digital financial products. With this latest accreditation, Piramal Payment Services becomes one of the few RBI-approved Payment System Operators all geared up to improve the nation’s digital transaction environment.
The company further stated that “Piramal Pay” is intended to make financial transactions easy, safe, and convenient for both consumers and companies.
The All India Consumer Products Distributors Federation (AICPDF) reports that over 2 lakh local “kirana” (general) stores have closed in the last 12 months as customers increasingly use fast delivery services like Blinkit and Zepto. According to various reports, the AICPDF blames these closures on the fast commerce industry’s explosive growth and the economic downturn. It plans to present the findings to the Ministry of Commerce and Industry and the Ministry of Finance in the coming days in order to request their action.
The largest organisation in India, the AICPDF represents 4 lakh distributors of fast-moving consumer goods (FMCG) for well-known corporations like Nestle India Ltd., Dabur India Ltd., and Hindustan Unilever Ltd.
Major Metro Cities Witness the Worst Impact on Businesses
Kirana shops in urban areas have been the most impacted, according to the industry group. Metro areas were home to about 45% of the 2 lakh shuttered kirana shops. 30% were Tier 1 cities, while 25% were Tier 2/3 cities.
According to Dhairyashil Patil, national president of the AICPDF, kirana shops, which have traditionally prospered through competition, including the rise of supermarkets, now face an existential risk as a result of the rise of rapid commerce and the economic slump. He claimed that in order to attract clients, quick commerce companies are using deceptive pricing, which involves offering steep discounts and selling below cost. This has led to an unequal playing field, which is hurting the clientele and financial success of kirana shops.
Methods Used by Quick Commerce Platforms That Are Anti-Competitive
The AICPDF requested last week that the Competition Commission of India (CCI) take action against Blinkit and Zepto, two rapid commerce platforms, for engaging in anti-competitive behaviour. They claimed that these platforms participated in unlawful pricing and monopolistic practices, as well as running underground shopfronts to get around inventory rules. Additionally, AICPDF alerted the Ministry of Road Transport and Highways about the use of possibly uninsured private vehicles for delivery by fast commerce enterprises. Furthermore, they expressed their worries to the Ministry of Health and Family Welfare that these activities compromised food safety by breaking the rules set forth by the Food Safety and Standards Authority of India (FSSAI).
Online Retailers Already Under Competition Commission’s Scanner
These developments coincide with the Competition Commission of India’s ongoing investigation into online retailers for alleged unfair activities, including predatory pricing. According to an internal study by the CCI, e-commerce giants Flipkart and Amazon India broke antitrust laws by favouring some sellers on their platforms. In a similar vein, the AICPDF requested that the antitrust body look into three rapid commerce companies for suspected unfair pricing: Zepto, Swiggy Instamart, and Blinkit from Zomato. The federation contended in its letter that many consumer goods companies abandon traditional stores in favour of direct ties with these businesses, weakening delivery standards that have been in place for decades. Quick delivery platforms’ “unchecked” growth is making it “impossible for traditional retailers to compete or survive,” the company told CCI.
The government will “give a serious thought” to protecting the interests of traders hurt by rapid commerce and e-commerce companies’ exploitative pricing strategies, according to Finance Minister Nirmala Sitharaman’s statement on September 17. Similar worries regarding the e-commerce industry were also voiced by Union Commerce and Industry Minister Piyush Goyal, who emphasised the necessity for these platforms to “operate fairly” within the nation.
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A new restaurant at the corner of the lane, online offers, sale season, and food applications make life easy by delivering in your footsteps; all of these are so tempting. With over a hundred reasons to spend, one might get concerned about the monthly expenditure. It is cumbersome to keep an account of our expenses in this life of hustle and bustle, but an application like Moneyview, which helps in monitoring day-to-day finances, is the answer to all our money-related issues.
Moneyview was launched in 2014 by two IIT friends, Sanjay Aggarwal and Puneet Agarwal. Moneyview caters to the user with personal finance management, to keep a check on everyday finances. Be it; electricity bills, or travel expenditures, it has a record of cash expenses and regularly reminds the users of payments that are due. Not only this, but Moneyview also provides loans. What more do we need from an application?
Moneyview has joined the unicorn club with a valuation exceeding $1 billion on 12 September 2024. After the latest allotment, its valuation has surged to INR 10,086 crore ($1.2 billion), marking a notable increase from its $900 million valuation in December 2022.
This article is all about this interesting startup that is helping millions of users manage their expenses and live a life of financial discipline.
Struggling with your monthly budget? Look no further. Moneyview is here to keep you sorted about your expenses. Moneyview is a personal money manager and expense manager app that focuses on making financial management simple, smart, and secure; thereby, enabling end-consumers to manage their day-to-day expenses and finances in a better way.
Founded in 2014, Moneyview is a versatile personal money manager app, which offers a snapshot of all your finances. It scans texts related to your bank accounts and spending on your mobile phones and gives you a well-organized view of your expenses. It also has a bill tracker, which ensures that you never miss a payment deadline. Recently they have also moved on to giving personal loans to the users.
According to the co-founders, Moneyview is an application designed to give you a single view of what’s happening with your money. It tracks all the daily expenses by sifting through the debit/credit card messages received from the bank on your phone. Thus, letting you know your expenditure on a daily, weekly, and monthly basis. Moreover, it tries to understand your spending pattern and reminds you to pay your bills on time. Unlike other apps, Moneyview organizes all the data through SMSs, without one having to manually segregate them.
Since 2016, Moneyview comes in 6 local languages, namely Hindi, Gujarati, Bengali, Tamil, Telugu, and Kannada. The main reason to have local languages is to be able to fully solve the users’ problems. Currently serving more than 10 million users, Moneyview assures to have a security system like the best banks in the country. The company uses personal client information only to provide a better experience. The information is encrypted which helps in avoiding any data loss or misuse.
The Moneyview App Has Three Big Features
The first feature gives the consumers a single view of where their money is. It lists out all the financial accounts that one has like bank accounts, credit card accounts, loan accounts, etc. Get a graphical view of your ‘Available to spend’ before you hit your budget.
The second features tell you where your money is going. How you are spending your money? It also auto-categorizes your spending; it assembles facts like out of 50,000 bucks you have spent so much on food, rent, and shopping.
The third feature is the app is integrated with tools for users to start making better financial decisions. The first tool is a budget management tool. It enables real-time budget management. You can set up your budget for a particular month and at any given point in time the app will tell you how much more you can spend in the remainder of the month.
Also, the company assures that the Moneyview app is safe. It uses 256-bit data encryption for data management, to keep the customer data safe and secure. Besides, it is important to know that the app decodes only the transaction-related messages on your phone, and not your OTP or other personal information.
Technological Tools
Technology is the backbone and the key facilitator in the app’s offerings. Moneyview makes use of sophisticated natural language processing and information retrieval techniques to create intelligent norms. These are then utilized by the app to produce a very accurate picture of the users’ financial data in a way that they can simply and effortlessly understand. Therefore, it uses its patent technology that systematizes the data from these messages to deliver a simple and smooth view of the users’ finances through the app.
All You Need to Know about Moneyview Personal Loan
Moneyview, a fintech startup, is a loan financer, which also helps in planning overall finances. It can provide loans ranging from INR.10,000 to INR. 5,00,000 within a day or less. The application pulls data about banking, bills, and expenses from the client’s SMS box. It provides the user with a view of their bank balance, income spent, and income dues. The application is designed for all smartphones and is also a lightweight application, which can run and be updated even without internet connectivity.
Moneyview offers personal loans of up to INR 5 lakh for a period of 3 to 60 months. You can simply download the Moneyview Loan app and apply for a Personal loan. You just need to fill in the required details and upload the documents required through the Moneyview Loan app. After your profile is verified, you receive the NACH (National Automated Clearing House) form and loan agreement on the app. After submitting a signed copy of the NACH mandate, and loan agreement, Moneyview disburses the amount to your bank account normally just within a few hours.
Eligibility criteria for receiving Moneyview Loans are:
Your age should be between 21-57 years
Your salary should come by bank transfer
Income criteria vary based on whether an applicant is salaried or self-employed, the applicant’s CIBIL score ( minimum 300 required), credit history, and the applicant’s location
Documents required for Moneyview Loans
ID proof (Aadhar card or PAN card)
Address Proof
Bank Statement of Salary Account
Income Tax Return Verification Form for the last 2 years, in case of self-employed persons
The best part about Moneyview Loans is that the entire process from documentation to verification is paperless and digital.
Moneyview Loan’s interest rates vary from 16% pa to 24% pa. EMI payment can be done manually through the app or one can also opt for the auto-debit option. Besides, users can go for foreclosure of Moneyview Loans anytime after payment of 3 EMIs.
Moneyview Loan Status Check
Moneyview offers its users the facility of loans ranging from INR 5,000 to INR 5,00,000. You can easily check the loan status in Moneyview. If you’re wondering about easy ways to Moneyview loan status check, then:
You first need to visit the website of Moneyview and then click on the Sign in option
You then need to log in to your loan account with the help of your registered email address
After that, you need to check out the Dashboard and then scroll down to the Application Status tab, where you will be able to check your loan application status.
Moneyview – Founders and Team
Moneyview was founded in 2014 by two IIT friends, Sanjay Aggarwal and Puneet Agarwal.
Moneyview Founders – Puneet Agarwal and Sanjay Aggarwal
Puneet Agarwal
Puneet Agarwal graduated from IIT-Delhi in 1995 and moved to the US to complete his MBA from Purdue University – Krannert School of Management. He was there for the next 17 years, working at different companies including McKinsey, Capital One, and Google, where he was a product management director. Puneet started his career working as a consultant for McKinsey for about three years. He then worked with Capital One, Bling Nation, and as a Product Management Director for Google. Puneet has been an entrepreneur for 7+ years now and also advises and invests in start-ups.
Sanjay Aggarwal
Sanjay Aggarwal, the co-founder of Moneyview, is an IITian who completed his BTech degree in 1993, from the Indian Institute of Technology, Delhi. Later, he continued working as an engineer at Ciena Corporation, and Yahoo, among others. Sanjay Aggarwalhas vast tech experience working with companies like Appian Communications Inc., Ciena Corporation, and Yahoo! After this, Sanjay founded minglebox.com, an education portal providing content on colleges, courses, exams, and admissions, in the year 2006.
Moneyview has a team that is of around 201-500 employees, which helps in securing the data of the clients. The company’s core value is to bring simple solutions and have control of your money at the same time.
Moneyview – Startup Story
It was a dream of both the co-founders, which started one day while sipping coffee at Starbucks. The dream was to make India financially fit through a mobile app. After Puneet came back to India in the year 2013, he moved to Bengaluru, to gauge the start-up scene and start something of his own. While looking for a place to stay in the city, he reunited with his IIT senior, Sanjay. It was the same time when Sanjay was exiting his venture, Minglebox. He along with Sanjay started Moneyview in the year 2014. They then realized at an early stage, in the year 2016, that providing the application in local languages would help solve the problems of users better. Their target is to provide young India with an application that helps to keep a check on their expenses.
In the beginning, Moneyview only provided the users with guidance to save, this helped in gaining data. In the year 2016, Moneyview became a complete fintech product. ‘We believe that access to financial services is a basic right to all individuals’ is the core belief of the start-up founders. Moneyview is now a paperless application, allowing users to set budgets, view their bank account details, manage bills, and record cash expenses.
Moneyview – Logo
Moneyview Logo
The logo design of Moneyview communicates trust and innovation, aligning with Moneyview’s mission of empowering users with financial control.
Moneyview – Business Model & Revenue Model
With Moneyview, Sanjay and Puneet are focusing on establishing a trusted brand in the personal finance management application segment. They are also looking at moving from just notifying users of their savings, to notifying them about potential investments that can be made.
“Our aim is to help our users stay on top of their finances with zero effort. With our focus continuously on adding features and offerings that help our users stay financially fit. For instance, one of the things the app helps the user with is to start saving more by managing his expenditure. The users will soon be able to find smart ways to invest their savings from within the app,” quotesMoneyview co-founders Sanajy and Puneet Agarwal.
Since Moneyview is a free application, the company does not have a fixed revenue model. It follows month-on-month metrics, and as claimed by the founders in a 2015 interview, the company was growing at almost 100 percent.
In 2016, Moneyview tied up with ICICI Prudential Mutual Fund and launched Green Account, a feature that lets the users of Moneyview App, invest through the app. Moneyview earns a commission on every investment made through the app.
Moneyview Financials
Moneyview Financials
FY22
FY23
FY24
Operating Revenue
INR 222 crore
INR 577 crore
INR 1,012 crore
Total Expenses
INR 240 crore
INR 515 crore
INR 1,190 crore
Profit/Loss
INR 17.7 crore
INR 163 crore
INR 171 crore
Moneyview Financials for FY22, FY23, and FY24
In FY23, Moneyview’s revenue increased by 160%, growing from INR 222 crore in FY22 to INR 577 crore in FY23. Expenses increased by 114%, from INR 240 crore to INR 515 crore. Even with higher costs, Moneyview made a strong profit of INR 163 crore in FY23, compared to just INR17.7 crore in FY22.
The company recorded a 20% growth in its revenue from operations, which became INR 98.45 crore in FY21 from INR 81.45 crore in FY20. The losses of Moneyview were also restricted by 31%, thereby making it stand at INR 46.81 crore (FY21) from INR 68.30 crore in FY20
In FY24, Moneyview reported a revenue of INR 1,012 crore, a notable increase of 75% from INR 577 crore in FY23. Total income also improved considerably, increasing from INR 677 crore in FY23 to INR 1,389 crore in FY24, representing a growth of approximately 105.6%.
Moneyview’s profit rose slightly from INR 163 crore in FY23 to INR 171 crore in FY24, an increase of about 4.9%. However, total expenses more than doubled, growing from INR 515 crore in FY23 to INR 1,190 crore in FY24, an increase of about 130.5%.
Moneyview – Funding and Investors
Moneyview has raised a total of $190.4 million so far. Its most recent funding came from a Series E-II round on September 12, 2024, where $4.6 million was invested by Accel India and Nexus Venture Partners. This new funding pushed Moneyview’s valuation up to $1.2 billion, making it a unicorn. Earlier, in a Series E round, the company raised $75 million, led by Tiger Global Management, at a valuation of $900 million.
Date
Stage
Amount
Investors
September 12, 2024
Series E- II
$4.6 Million
Accel India and Nexus Venture Partners
December 26, 2022
Series E
$75 Million
Apis Partners, Tiger Global Management
March 9, 2022
Series D Round
$75 Million
Tiger Global, Winter Capital, Evolvence India, Accel and more
December 14, 2018
Series C Round
$13 Million
Accel
January 31, 2016
Venture Round
$8.61 Million
–
April 1, 2015
Venture Round
$6.90 Million
Tiger Global, Accel India, Ribbit Capital
October 1, 2014
Series A
$1.32 Million
Accel
Moneyview is also looking at investing a part of this funding in consumer acquisition activities and building the brand. Moreover, looking at expanding their team size while looking at hiring, the co-founders aim to double their technical team strength by the end of this year. Starting with just the two of them, currently, the company can now boast of an active functioning team of 55+ individuals. Their primary spending remains to be on the technology they’re using to power the product.
Moneyview – Acquisitions
Moneyview acquired Jify on September 12, 2024. Jify is a platform offering on-demand earnings access, through a share swap. Jify’s investors, Accel and Nexus, received Moneyview shares in the deal. This acquisition will enhance Moneyview’s financial services and expand Jify’s reach, marking a significant step in Moneyview’s growth into various financial products.
Moneyview – Growth
Currently, Moneyview has a user base of over 10 million. The Moneyview app currently has customers across 400 Indian cities. Besides, Moneyview loan has also received positive reviews from customers. The Moneyview Loan app is rated 4.2 in the Google Play Store.
Moneyview currently boasts over 1 million app downloads per month and it takes pride in catering to more than 200 mn underserved customers. Currently, as per Moneyview, the business has grown 4X in the previous year and is presently disbursing loans at an annualized run rate of $700 million.
With the steady rise in the number of Indians opting for digital payments, Sanjay and Puneet are planning to take Moneyview to new heights.
Moneyview – ESOPs
Moneyview has expanded its ESOP pool, where it has added INR 72 crore worth of stock options, as of May 28, 2022. The earlier 1,33,338 stock options of Moneyview were increased to INR 1,75,390 options. Its new ESOP pool is now worth INR 300 crore ($40 million) including the recent expansion worth INR 72 crore.
Moneyview – Awards & Recognitions
To list, some of the major awards and recognitions that Moneyview witnessed in recent times are:
Moneyview has been ranked as the Best App in the year 2015 by Google, India.
It was also a runner-up in the IBM start-up challenge.
It was listed in the ‘Top 100 Startups in India 2018‘ by SutraHR.
Moneyview – Partnerships
Moneyview partners are many including the ICICI Prudential Mutual Fund, with which the company has collaborated to launch an app-based solution – the Green Account platform.
Through the Green platform, it will offer two exclusive products—Savings+ and Tax Saver+—allowing users to take a step ahead towards financial fitness by saving money and growing it faster.
Savings+ is designed as a suitable alternative to traditional saving options. It allows users to park them in Liquid Funds offered by ICICI Prudential Mutual Fund. Meanwhile, the Tax Saver+, the second product offered through this partnership, helps users save on their taxes by investing in Equity Linked Savings Scheme (ELSS) option provided by ICICI Prudential Mutual Fund.
Moneyview has tied up with more than 3 banks as lending partners. Moneyview is also inviting individuals to join them as loan partners. Interested individuals can visit the Moneyview website, register as a loan partner, and start earning by referring anyone who is looking for a Moneyview personal loan. The online credit platform has partnered with over 15 financial institutions to date to expand and better its credit offerings.
Moneyview – Competitors
As far as the financial management space is concerned, Moneyview is not the only personal assistant available. There are others such as ‘Walnut’ to track expenses, get bank balances, and split bills with friends; Times Internet-backed money management app, ‘Smartspends’; expense manager ‘Gullak’, which claims to have registered over 1 million downloads; and Aditya Birla’s ‘MyUniverse’.
As bigger and more applications are building at a high speed, the market is getting tougher. Moneyview believes to be competing with applications like:
In the coming months, it will be interesting to see how this company will bring the necessary differentiation to rise above its competition and generate a value proposition in the minds of its customers.
Moneyview – Future Plans
The company is currently looking to have $1 billion in assets under management (AUM) over the next 12 months. Moneyview is also eyeing to be more profitable in the upcoming fiscal.
Moneyview is a fintech company founded in 2014, which has an app that is user-friendly via which the users can track and organize expenses, bills, and account balances. Furthermore, with the Moneyview app, they can also avail of personal loans.
Who is the owner of the Moneyview company?
The Moneyview has been founded by Puneet Agarwal and Sanjay Aggarwal, who are among the Moneyview owners.
Does Moneyview provide loans?
Yes, in addition to helping you keep track of your daily finances, Moneyview also provides loans ranging from INR 10,000 to INR 5,00,000 within a day or less.
Who are some competitors of Moneyview?
Some Moneyview competitors are Faircent, Lendingkart, and Capital Float.
Does Moneyview provide loans?
Yes, in addition to helping you keep track of your daily finances, Moneyview also provides loans ranging from INR 5,000 to INR 5,00,000 within a day or less. Its instant loan can also be approved within 2 minutes.
Who are some competitors of Moneyview?
Some Moneyview competitors are Faircent, Lendingkart, and Capital Float.
Navi Finserv, owned by Sachin Bansal, announced on 29 October 2024 that the Reserve Bank has permitted the company to make scheduled home loan disbursals that were approved before October 20. Navi Finserv had previously been prohibited from offering new loans.
Due to significant supervisory concerns, including unlawful pricing, the RBI had earlier this month ordered Navi Finserv to stop and refrain from approving and disbursing loans as of October 21 close of business.
Navi Finserv has been given permission by the Reserve Bank of India (RBI) to begin disbursing scheduled housing loans that were approved prior to October 20, 2024. According to the Bengaluru-based company’s press release, the authorisation is valid until December 31, 2024.
Relief to Home Buyers
Many homebuyers whose loans were approved before the RBI’s regulatory action and who are still awaiting their previously planned disbursements would find significant relief from the RBI’s approval.
In addition to Navi, the central bank had imposed the same limitations on three other NBFCs: Chennai-based Asirvad Micro Finance Limited, Kolkata-based Arohan Financial Services Limited, and New Delhi-based DMI Finance Private Limited.
Why RBI Imposed Restrictions on these NBFCs?
With effect from October 21st, the central bank said the action is based on significant supervisory concerns about these companies’ pricing policies, specifically their Weighted Average Lending Rate (WALR) and the interest spread charged over their cost of funds, which were determined to be excessive.
The Master Direction (MD) pertaining to the regulatory framework for microfinance loans and the MD relating to NBFC-scale based regulation also state that their pricing approach does not comply with the rules. According to an RBI statement, the pricing policy was also determined to be noncompliant with the guidelines established by the Reserve Bank’s Fair Practices Code.
These businesses are still able to provide services to their current clients and conduct collection and recovery procedures in compliance with current regulations, notwithstanding these business restrictions. DMI Finance Pvt Ltd and Navi Finserv Ltd are categorised as investment & credit firms within the NBFC sector, whereas Asirvad Micro Finance Ltd and Arohan Financial Services Ltd are categorised as mirofinance institutions.
In his most recent bi-monthly monetary policy statement, RBI Governor Shaktikanta Das pointed out that certain NBFCs were pursuing growth at a rapid pace without establishing risk management frameworks and sustainable business practices that were appropriate for the size and complexity of their portfolios.
He warned that a reckless “growth at any cost” strategy would be detrimental to their own well-being. Das also pointed out that some NBFCs, such as microfinance institutions (MFIs) and housing finance companies (HFCs), are pursuing excessive returns on their equity due to the substantial accretion of capital from both domestic and foreign sources, as well as occasionally pressure from their investors.
This article has been contributed by Manasvita Subramanian, Chief of Digital Marketing at Spicetree Design Agency.
With the Diwali season sparking consumer excitement, it’s an ideal time for direct-to-consumer (D2C) brands to ramp up social media efforts. Many brands have achieved impressive results by connecting emotionally with their audience, launching festive products, and using targeted ads and influencer collaborations. Here are successful strategies brands have already used for Diwali promotions, demonstrating how to create impact in a crowded digital landscape.
1. Highlight Cultural Relevance with an Engaging Festive Story
D2C brands like Cadbury and Amazon have mastered the art of using Diwali’s cultural significance in their social media storytelling. This approach strengthens brand appeal and forms an emotional bond with customers. For example, Cadbury’s “Not Just a Cadbury Ad” campaign took an innovative approach by creating hyper-localized ads that encouraged viewers to buy from local stores for Diwali. Through social media, they rolled out city-specific ads featuring local vendors, adding a strong community-focused message.
Why it Worked:
Cadbury tapped into the cultural sentiment of supporting local businesses during Diwali, aligning perfectly with the festive spirit and gaining immense traction on social platforms.
2. Create Limited-Edition Festive Products and Attractive Bundles
Nykaa’s Diwali Dhamaka Sale offers up to 50% off on top beauty brands, with special Diwali bundles and gift sets in festive packaging. “Buy-more-save-more” deals incentivized larger purchases, making it easy for customers to buy multiple products at discounted rates.
Why It Worked:
This approach tapped into Diwali’s gifting spirit with attractive, ready-made gift options that offered value and convenience. The festive packaging and exclusive bundles increased appeal, encouraging bigger purchases and boosting Nykaa’s sales during the high-demand season.
3. Emotional Storytelling
Zomato‘s Diwali campaign, “Rishton Se Hai Diwali, Har Din,” successfully navigated the crowded digital landscape by focusing on emotional storytelling and cultural relevance. The campaign’s heartwarming video resonated deeply with audiences, showcasing the unifying power of food during the festive season. This approach not only increased brand engagement but also strengthened Zomato’s connection with its customers.
Why it Worked:
The campaign’s heartwarming video effectively portrayed the unifying power of shared meals, evoking strong emotions and creating a sense of nostalgia. By aligning with the cultural context and values of its audience, Zomato successfully created a memorable and impactful campaign that resonated on a personal level.
4. Leverage Influencer Collaborations with Festive Content
Haldiram, partnered with popular influencer Komal Pandey to elevate their Diwali campaign through the campaign #YehDiwaliApnoWali, translating to “This Diwali is all about loved ones.” In this charming campaign, Komal showcased how Haldiram’s delectable treats create memorable moments among family and friends during the festival. Her engaging reel combined style, flavour, and the essence of togetherness, making it a perfect representation of Diwali celebrations.
Why It Worked:
The collaboration effectively captured the warmth of the holiday, allowing the brand to connect emotionally with its audience. By aligning with an influencer whose values resonate with its target market, Haldiram reinforced its position as a key part of festive gatherings
5. Enhance Engagement with Festive AR Filters
OnePlus launched a festive campaign centered around Diwali, titled #OneCelebration, where they collaborated with Snapchat to develop an AR portal lens designed to connect individuals, especially those unable to celebrate Diwali in person. Through this innovative feature, users could immerse themselves in the festive spirit with the AR portal lens, adding virtual decorations, sparkling lights, and a touch of warmth to their surroundings.
Why It Worked:
The campaign resonated deeply with users by addressing the emotional aspects of celebrating Diwali apart from family and friends. The AR portal lens offered a unique and innovative way for people to connect and celebrate Diwali, this resonated with the festival’s core values of family and community. The campaign also aligned perfectly with OnePlus’ brand ethos of innovation and youth appeal. By leveraging cutting-edge technology to create a festive experience, OnePlus demonstrated its commitment to staying ahead of the curve.
By blending cultural relevance, interactive campaigns, influencer partnerships, and AI, D2C brands can build strong connections with their audience during Diwali. The examples above show how well-crafted campaigns on social media can enhance a brand’s visibility, boost engagement, and drive sales. Brands that leverage Diwali’s festive energy with creative, consumer-centric strategies are more likely to see tangible results, building both brand loyalty and festive cheer in the process.
The article has been contributed by Ms. Manisha Dash, HR – Head, Celigo, APAC.
Festivals like Diwali are an excellent way to engage with our teams, celebrate diversity, and build team spirit. When employees feel connected and appreciated, they become more engaged, which has a direct impact on productivity and satisfaction.
Celebrating Diwali at Work Strengthens Team Bonding
Diwali celebrations in the workplace is a valuable tradition for companies that believe in cultural inclusivity and team bonding. It’s one of the biggest festivals in India, which celebrates victory by light over darkness, and victory by good over evil, and the workplace provides excellent opportunities to translate this spirit onto paper. The office arrangements for Diwali festivities create a sense of community among employees, building a positive environment that promotes morale. Most offices start by decorating the space with diyas, fairy lights, and rangoli.
Building Community Values with Office Decor
Office environments are brimming with colour, and some organisations host office decoration competitions in which employees compete to team up to decorate their workspaces. This pleasant competition engages employees and promotes teamwork and coordination. A kaleidoscope of colours and festive decorations creates a dynamic atmosphere, making employees feel more connected to the festivities.
The ethnic dress code is another big attraction during Diwali celebrations at work. Besides decorations and clothing, games and competition are big parts of celebrations. Some companies host games such as housie or tambola, Diwali-themed quizzes, rangoli-making competitions, and other activities. This recognition boosts morale and gives a feeling of belonging, as it shows that culture and heritage is being valued in the organization. It is a very simple gesture that reinforces an organization’s commitment to celebrating diversity.
Games and Activities Encouraging Cross-Department Bonding
Engaging games and activities are a core element of Diwali celebrations in the workplace, offering employees a chance to connect in a lighthearted and inclusive way. These activities often include games like housie (tambola), Diwali-themed quizzes, and rangoli-making competitions, which not only bring fun into the office but also promote healthy competition and teamwork. Among the most valuable aspects of these activities is the way they promote interaction across departments, break down silos, and creates a more united work environment.
Whether it’s team-based games or activities requiring diverse skills, employees from different teams get a chance to work together, communicate, and get to know each other in a setting that feels less formal and more personal. Such bonds foster strong interpersonal relationships, which work well into cohesiveness in the day to day working.
Food is an integral part of any Diwali celebration, and most businesses host a special lunch or distribute traditional sweets like laddoos, barfis, and kaju katli to the staff. It not only satisfies the sweet appetite but also creates a sense of community when people gather to share a meal and celebrate.
The proper and fun-filled celebrations of Diwali would ensure great employee engagement, improved bonding among employees in the workplace, and some memories to remember years later. Properly planned Diwali celebration events, along with the presentation of food and sweets, are what leave such nice memories with the employees once the event is over. These small yet effective gestures explain why employees remain loyal to and satisfied with a firm.
By organizing thoughtful, relevant celebrations, companies can foster higher employee engagement, as employees feel valued and appreciated for being part of an inclusive workplace culture. In celebrating Diwali with food, organizations not only uphold a cherished cultural tradition but also build a stronger, more connected workplace. These shared meals and treats embody the spirit of togetherness that lies at the heart of Diwali, ensuring that employees feel the joy of the festival both as individuals and as part of a supportive team
Celigo Diwali Festivities : Blending Tradition, Fun, and Gratitude
At Celigo, Diwali is a celebration of solidarity, culture, and the value of family. Our office’s Diwali celebrations get vibrant every year, and we take pride in showcasing the rich ethnic diversity of our employees. We make sure that the spirit of Diwali is celebrated with respect and creativity, whether it is through the creative exhibition of traditional clothing or brand-new, thrilling games. We want to make every year’s celebration more unforgettable than the one before as we mature and gain a better understanding of our employees’ needs.
We provide thoughtful and inventive presents that are valued by both our employees and their families. We think that having a solid support network at home is essential for influencing work. We think that a solid support network at home is essential for influencing performance and work ethics. We at Celigo are incredibly grateful for the sacrifices and support that our employees’ families make, as they help to make Celigo a fantastic place to work. Like every year, we celebrate not only the holiday but also the spirit of thankfulness and unity that makes our Celigo family stronger this Diwali.
In summary, festivals like Diwali provide an organization with the best opportunity to embrace diversity, build team spirit, and enhance employee engagement. By creating a culture of such celebrations, companies can foster a supportive environment in which employees feel connected, appreciated, and motivated to contribute their best. Such celebrations have a profound impact, not only enriching the workplace culture but also driving productivity and satisfaction for years to come.
Sometimes you are left wondering about the aspects that impact your productivity and mental well-being at your workplace. According to recent statistics portrayed by Microsoft study, about 58% of the leaders and 47% of the employees today in India report that they are drained out at work.
So, how do the world’s leading giants discover the right balance between life and work? Employee well-being now encompasses mental health and overall growth, emphasizing flexibility in where, when, and how employees work.
Irrespective of the size of the company having an awareness that employee well-being is the basic building block of a company and a sound and strong policy in order will enhance productivity while aiding the employees to develop the best habits and routines in the longer run.
Today, we will discuss a couple of healthcare startups supporting their employees’ mental well-being through their effective tech-based solutions!
Considering these tough times where we live today, taking good care of your health is significant. In the corporate realm, it tends to become the additional responsibility of the employers to ensure the employees’ proper well-being.
With the growing costs of health care, even employees are searching for corporate wellness programs that help fight the battle between health hazards and leading a fitter life. A couple of workplace wellness providers offer emotional, physical, and mental health solutions. The leading ones are enlisted below after thorough research:
Several firms offer optional wellness activities for employees to get past their workplace for a while and perform exercises and other workouts to stay fit. The primary notion behind participating is not related to any physical activities but enhancing the productivity and engagement of the employees.
CircleCare is a US-based firm offering a robust platform and the necessary tools to motivate employees to maintain healthier lifestyles through rewards and positive reinforcements. The active participants are challenging one another or even competing in teams facilitating an enhanced level of activities in building a team.
Visit Health
Startup Name
Visit Health
Year Founded
2016
Founders
Chetan Anand, Vaibhav Singh, Anurag Prasad and Shashvat Tripathi
Visit Health – Healthcare Startups Helping Workplaces
It is a healthcare startup that allows individuals to connect with doctors on the move while traveling at work. It aids the users with answering health-related queries being your healthcare assistant and a telehealth domain connecting to the healthcare specialists.
It runs an app where the users can easily chat with their doctors or even request visits with consultant specialists while connecting over video and audio calls from the comfort of their homes and offices.
Visit Health even claims to be a completely integrated, 360-degree main platform related to healthcare. It can aid the company in designing primary care, including the medieval services before the wellness and hospitalization solutions for the employees and their dependents.
The app uses a holistic approach to smart data, engaging and guiding the users throughout their well-being journey around the four main pillars of a mental wellness program: physical, financial, legal, and emotional.
The studies note that employees are adversely affected by poor sleep health and fatigue, eventually impacting their performance. Restful sleep can impact the mental and physical performance and productivity of employees.
Some employers are highly keen on the qualitative rest of the workers. Through the sleep programs held by the companies, employees can significantly enhance their wellness, irrespective of whether they are suffering from any type of disease or dealing with sleep disorders.
Resonea is a US-based firm creating an online sleep-enhancement program and an app specifically designed to offer information, tools, and strategies to help in better sleep, a better lifestyle, and enhanced productivity. Furthermore, the firm even offers smartphone-based home testing to detect sleep apnea called “Drowzle”.
The Pip
Startup Name
The Pip
Year Founded
2021
Founders
Kathy Kaluhiokalani
The Pip – Healthcare Startups Helping Workplaces
Wellness not only implies taking care of the body but also positively affects the mind. The mobile platforms and applications offer employees support for the challenges that involve depression, stress, and anxiety disorders. The users are then awarded periodically to set wellness goals and their accomplishments.
The Pip is an Irish startup that allows people to visualize and manage stress levels. The startup system comprises an application that aims to de-stress, learn and re-focus to manage stress in a better way and a distinctive device with Bluetooth connection to detect if the individual is relaxed and focused and even stressed.
The data points are influencing the effectiveness and scoring progress under this session. The app then starts responding to the transforming stress levels using visual and audio feedback.
Buffer
Startup Name
Buffer
Year Founded
2010
Founders
Joel Gascoigne
Buffer – Healthcare Startups Helping Workplaces
Buffer is a firm that supports its employees in disclosing their emotions. They strongly believe in encouraging people and their authenticity to make themselves complete during work, and it means sharing the highs while supporting individuals in their lows.
Joel Gascoigne, the CEO, openly shares that he had faced darker days and even tweeted regarding the times he had spoken to the therapist, which is a way to deal with the overwhelming senses. The firm is offering access to online therapists for the remote workforce and subscription fees to the health and wellness app, “Joyable.”
There are resources such as Slack being used to discuss and share mental health resources. There is a greater emphasis on preventative means, including the introduction of “Unsick Day.” It is mainly the day which is dedicated to preventative care.
NextJump
Startup Name
NextJump
Year Founded
1994
Founders
Charlie Kim
NextJump – Healthcare Startups Helping Workplaces
NextJump is an e-commerce company that strongly believes that their instances go ahead in proving that small companies should never become a hurdle to aiding employees’ mental and health well-being.
In reality, wellness and health are one of the main basic principles of the business. Help gets offered under every attribute of fitness and health, including energy management, mental health, and nutrition. It aids the adequate breaks as the potential way for re-energizing and aiding people to work potentially well while returning to it.
It offers healthier snacks. These employees offer an entire range of physical activities to get involved in and are encouraged to participate for about twenty minutes a couple of times a week. The emotional and psychological coaching programs are also offered with greater emphasis on being the best you can be.
Wellable
Startup Name
Wellable
Year Founded
2013
Founders
Nick Patel
Wellable – Healthcare Startups Helping Workplaces
Wellable is the most comprehensive wellness provider empowering companies of every size to create engaging employee well-being programs.
Working with employers, properties, and health plans across the globe, wellness now has active users across 35 nations. Wellable even has associates supporting the physical and mental health of the employees while strengthening the company culture and enhancing the main workplace productivity levels.
Wellable now offers the most modular ecosystem of wellness services and technologies while allowing its clients to pick products that work the best for their companies. The main solutions included are multimedia educational content, an award-winning wellness program, and on-demand fitness and mindfulness classes. Wellable supplements its digital platform with onsite and virtual experiences.
Nova Benefits – Healthcare Startups Helping Workplaces
Nova Benefits is a Bengaluru-based company founded in 2020. It is a B2B tech-based platform helping companies to enhance employee well-being through wellness programs, daily fitness, health insurance, and mental health counseling programs.
The team members are offered a single platform for accessing their company-offered benefits. It is a startup that consists of direct insurance broking licenses through the Insurance Regulatory and Development Authority, allowing it to offer businesses a combination of coverage and insurers.
The client’s onboarded Nova team includes CoinDCX, Snapdeal, Zenoti, and Yulu. Nova rose to around $10 million under a Series A funding round led by the SIG or Susquehanna International Group, Titan Capital, Better Capital, Bessemer Venture Partners, and Multiply Ventures in September 2021. These assisted in expanding their customer success teams, product management, engineering in building a massive stack of wellness offerings on the platform, and sales.
eKincare
Startup Name
eKincare
Year Founded
2014
Founders
Kiran Kalakuntla, Srikanth Samudrala
eKincare – Healthcare Startups Helping Workplaces
Corporate wellness and health programs mainly focus on supporting their employees in staying healthier, monitoring their health conditions, and preventing chronic conditions and potential diseases while reducing overall healthcare costs. It mainly includes fitness programs, health screenings, and preventative care.
eKincare is an India-based company built on a robust platform powered by Artificial Intelligence with real-time health analysis. The platform offers their employers data regarding the well-being of the workers, actionable insights, and potential risks. Additionally, the system offers health-tech services, including e-pharmacy, online health checkup bookings, telemedicine, and more.
The vision of these startups is to create a preventive, predictive, and highly personalized healthcare journey for the professionals to aid them in adopting a healthier lifestyle and empower the companies with technology and relevant data for reducing the overall health-related risks for their employees across the platform.
eKincare has raised $15 million under Series B funding in the March 2022 round led by the Sabre Partners, Eight Roads, HealthQuad, Endiya Partners, and Siana Capital for accelerating the growth through branding and marketing along with the addition of products.
Final Takeaway
Although we believe data is the primary key to creating deeper insights, it is easily overwhelmed. Our primary ambition lies in creating the most comprehensive overview and offering actionable innovative intelligence for the partnership, investment targets, and PoC or the Proof of Concept.
We understand that a majority of conditions and diseases drive healthcare costs to unsustainable levels, which are the ones that come out due to negative lifestyle habits. Consequently, the only solution is to take care of the employees while supporting them with the resources empowering them with self-assessments, and developing healthier habits with time.
The availability of science-based and preventative mental health assessments is a ray of good hope for conscientious employees. These are the primary tools playing a huge role in creating organizations and teams that are healthier and highly resilient while offering them a greater competitive edge in times of uncertainty during the aftermath of this pandemic.
FAQs
What are the Top Health And Wellness Companies?
Here are some of the top Health And Wellness Companies:
CircleCare
Visit Health
Resonea
The Pip
Promiser
Buffer
NextJump
Wellable
Nova Benefits
eKincare
How to support staff wellbeing in the workplace?
To support staff wellbeing, provide mental health resources, encourage work-life balance, offer regular feedback, and create an inclusive, positive work environment. Recognize achievements and promote open communication for a supportive culture.
How do you engage employees in wellbeing?
Engage employees in well-being by offering wellness programs, flexible work options, and a supportive culture that promotes work-life balance.
Mumbai, 30 October 2024, Wednesday: The 43rd global edition of the World AI Show in Mumbai came to a resounding conclusion, bringing together top-notch tech leaders, government officials, and policymakers to examine the next steps in the adoption of Generative AI and how it lays the groundwork to empower AI. The grand event was held on 24th October at Hotel Sahara Star, which provided a platform to showcase next-gen innovations, practical use cases, and AI-driven solutions across industries.
The conference featured engaging panel discussions, insightful keynote presentations, and impactful addresses, all highlighting the latest advancements and the strategic advantages that enterprises could benefit through the swift adoption of AI technologies.
With over 400+ C-level decision makers in attendance, Industry leaders shared actionable strategies for leveraging these innovations, offering valuable insights into maintaining competitiveness in a fast-evolving digital landscape. Topics of discussion ranged from AI maturity in IT, emerging technologies shaping the future of AI, leadership strategies for driving successful AI Transformation and more.
One of the panel discussions focused on “Leadership Strategies for Driving Successful AI Transformation.” Moderated by Dr. Ganesh Natarajan, Chairman of Honeywell Automation & 5F World, the panel explored key strategies required to drive AI transformation. Panellists Shvetal Desai, Co-Founder of Nividous; Sujatha S. Iyer, Head of AI Security at ManageEngine; Tapan Singhel, MD & CEO of Bajaj Allianz General Insurance; Naiyya Saggi, Group Co-Founder & Board Member at Good Glamm Group; C.P. Gurnani, Co-Founder & Executive Vice Chairman of AlonOS; and Ashwini Tewari, Managing Director at State Bank of India, shared insights on the importance of investing in AI talent, skills development, and infrastructure.
During the discussion, Shvetal Desai, Co-Founder, Nividous, stated, “In today’s fast-paced world, AI-driven automation is not a choice but a necessity. By integrating AI, RPA, and low-code platforms, businesses can unlock unprecedented efficiency, driving innovation and gaining a strategic edge.”
In today’s fast-paced world, AI-driven automation is not a choice but a necessity. By integrating AI, RPA, and low-code platforms, businesses can unlock unprecedented efficiency, driving innovation and gaining a strategic edge.
Another noteworthy session that grabbed attention was the tech talk on AI maturity in IT. The talk delivered by Sujatha S Iyer, Head of AI Security, ManageEngine shared her insights on the current state of AI, digital and AI maturity, and the road ahead with a focus on contextual intelligence.
During the session while speaking about AI maturity, she said, “AI has evolved from back-office support to becoming a boardroom agenda. Organizations need to embrace digital and AI maturity to stay ahead, leveraging contextual intelligence to drive strategic innovation.”
“The 43rd global edition of the World AI Show served as a dynamic platform, fostering innovation and facilitating invaluable knowledge exchange through engaging conversations. As India’s financial capital, Mumbai plays a pivotal role in shaping the nation’s technological future, positioning itself as a key hub on the roadmap to digital advancement.” said Anil Kumar, COO, Trescon.
The World AI Show has solidified its place as a key hub for knowledge sharing, collaboration, and business development within the AI community. As preparations for the next edition begin, excitement is growing for what promises to be an even more remarkable event.
The 43rd edition of the World AI Show was supported by:
Platinum Partner – MAGURE Tech Middle East
Gold Partner – Manage Engine
Silver Partner – Nividous
Exhibitors – ADQ, Citiuscomm, Apto.AI, Salesken
Supporting Association – Indian Society of Artificial Intelligence and Law
Association Partner– IPF Startup Hub
Official Event Tech Partner – KONFHUB
Official Print Partner – Business Standard
About Trescon
Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients. For more information about Trescon, visit: www.tresconglobal.com
Nitin Konde
