Startup news and updates: Daily roundup (November 11, 2024)

CoinDCX launches new brand campaign

CoinDCX onboards Gautam Gambhir as a brand ambassador and the face of its 'Learn Karo.Crypto Karo.' campaign. The campaign is an initiative designed to empower Indian investors with essential knowledge before venturing into crypto investments, the company said in a statement.

The company believes that despite an investor community of over 160 million in India, many remain hesitant to consider investing in crypto due to a lack of understanding of the emerging asset class. With the new brand campaign, CoinDCX aims to break down these barriers.

"Education has always been at our core, and we understand the risks of investing without a solid foundation of knowledge. As crypto adoption grows in India, we’re doubling down on our efforts to empower investors through knowledge first,” said Sumit Gupta, Co-founder, CoinDCX.

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"Before making any decision, you first need confidence—and confidence comes from knowledge about the subject.. That's why I'm partnering with CoinDCX in its educational initiative, to help give India the confidence to explore crypto knowledgeably and responsibly," said Gambhir.

3C IT Solutions & Telecoms India appoints Hashyadeep Dave as CEO

3C IT Solutions & Telecoms India has appointed Hashyadeep Dave as the Chief Executive Officer (CEO).

This appointment aligns with the company’s ongoing expansion plans of the leadership team which further aims to drive strategies for business growth, operational efficiency, tech innovation, customer-centric approach, foster strong client relationships, building partnerships to develop alliances with technology vendors, software providers, and other integrators to develop revenue streams and increase market reach, the company said.

As part of his new role, he is set to spearhead the company’s business growth, profitability and expand the company's footprints pan India.

With expertise in SaaS, PaaS, IaaS, data centres, hyper cloud, IOT/IIOT, security products, etc., Dave, who has over 20 years of experience in the ICT domain, has carried out senior-level assignments in sales, revenue management, business development, and marketing communication with various organisations, the company said.

RED.Health launches Salus EMS

RED.Health, a JCI-accredited emergency response company, launched Salus EMS, an end-to-end emergency medical services platform designed to improve how emergency care is delivered in India.

Salus EMS leverages state-of-the-art tech for real-time video consultations between emergency room physicians and paramedics.

"This ensures doctors can make well-informed, immediate decisions while the patient is en route to the hospital. The platform’s AI-powered features reduce human error, automatically log critical events, and generate real-time electronic patient care records (ePCRs). It also guarantees the highest levels of security, ensuring HIPAA and ISO 27001 compliance through encrypted, AWS-hosted communications," the company said.

"Salus EMS is our answer to the inefficiencies we've seen in emergency medical transport... We are making sure that every second during patient transport is optimised to save lives. With AI to simplify communication, automate care records, and enable real-time video consultations, we are setting a new standard for emergency care in India," said Prabhdeep Singh, Founder and CEO of RED.Health.

NetApp India elevates Vasanthi Ramesh to Managing Director

Intelligent data infrastructure company NetApp elevated Vasanthi Ramesh to Managing Director of NetApp India.

In addition to her existing role as VP, Engineering at Unified Manageability Framework, she is set to take on a broader leadership role, overseeing NetApp’s strategic initiatives in the region and driving continued innovation and growth for the company, the company said.

As managing director, she will lead the company's India site operations focusing on various initiatives at the organisational level—including NetApp Excellerator and Academia Connect, and focus on enhancing NetApp’s engagement with GCC platforms and industry bodies such as NASSCOM to further bolster company's leadership and reputation in India, it added.

Gupshup appoints Trisnia Anchali Kardia as Country Head, Indonesia

Conversational AI Engagement company Gupshup has appointed Trisnia Anchali Kardia as its new country head in Indonesia.

She is set to focus on expanding the company's enterprise business in Indonesia and drive market leadership in conversational AI engagement, the company said in a statement.

Prior to joining Gupshup, Kardia worked with ecommerce analytics company Graas, Zomato Indonesia, etc, and has over a decade of deep expertise in business messaging.

"With Anchali at the helm, we are excited to help more Indonesian businesses leverage conversational messaging to drive growth and innovation. Her extensive experience in business messaging, driving adoption of innovative offerings, and strong connections within Indonesia’s tech ecosystem make her an invaluable asset as we expand our presence in the region,” said Beerud Sheth, Co-founder and CEO, Gupshup.

FedEx, Invest India collaborate to elevate Indian craftsmanship

FedEx, a subsidiary of FedEx Corp, has partnered with Invest India to support the Indian government’s One District One Product (ODOP) initiative.

The collaboration aims to boost the growth of Indian small businesses by providing them with access to global markets, capacity building, and branding opportunities, the company said.

“FedEx was founded on the belief that a connected world is a better world...Through our collaboration with Invest India, we aim to address challenges faced by local producers, providing tailored solutions to simplify global logistics. Together, we are boosting exports and driving sustainable economic growth,” said Kami Viswanathan, President, FedEx, Middle East, India Subcontinent, and Africa (MEISA).

FedEx, through the collaboration, aims to leverage its global network and logistics expertise to empower small and medium enterprises (SMEs) to access international markets and streamline shipping processes. It also plans to integrate ODOP clusters into its SME Connect platform to promote knowledge sharing and practical training for small businesses.

The subsidiary also aims to enhance brand visibility and product quality for artisans by leading webinars, workshops, and on-ground events in association with Invest India, enabling SMEs to showcase their unique products from India’s diverse districts to international buyers.

InsuranceDekho strengthens leadership with new appointments

Insurtech company InsuranceDekho is solidifying its leadership with a mix of internal promotions and external talent appointments.

Navneet Bhatt joined the company as the Chief Business Officer, Vivek Aggarwal as Head of Finance (VP), and Aman Batra has been elevated to Chief Strategy Officer.

This development is part of its ongoing growth and innovation, and the company has made strategic appointments across key functions including business strategy, sales and analytics, the company said.

The company recently had a hiring expansion, and by tapping into both internal and external talent, InsuranceDekho aims to accelerate its growth and command leadership in the rapidly evolving insurtech space, it added.

"We are particularly excited about nurturing leaders like Aman who have made an exemplary contribution in their journey with us and continue to be the force behind our vision to revolutionise the insurtech space,” said Ankit Agrawal, Founder and CEO, InsuranceDekho.

IIT Madras partners with ISRO

IIT Madras has partnered with the Indian Space Research Organisation (ISRO) to establish a Centre of Excellence for research in ‘Fluid and Thermal Sciences’.

ISRO will provide seed funding of Rs 1.84 crore towards establishing this centre, the press release read.

This centre is set to act as a nodal centre for the spacecraft and launch vehicle-related thermal management research activities of ISRO. Thermal problems regarding design, analysis and testing of various components could be performed by leveraging the expertise of IIT Madras faculty, it added.

"This Centre of Excellence will foster a unique industry-academia interface, allowing ISRO scientists and IIT Madras faculty and students to collaboratively advance research in critical areas of thermal science. By addressing complex thermal engineering challenges, we aim to contribute significantly to the nation’s space program and strengthen India’s self-reliance in space technologies," said Prof Arvind Pattamatta, Department of Mechanical Engineering, IIT Madras.

Commvault expands India operations

Commvault, a provider of cyber resilience and data protection solutions for the hybrid cloud, is set to expand India operations with the launch of an advanced, facility in Coimbatore, Tamil Nadu.

The facility will be a key centre for research and development, focusing on offerings like Cloud Rewind and Cleanroom Recovery, the company said.

It is also set to serve as an innovation hub for engineering and technical talent, focusing on supporting regulatory compliance and AI advancements. The innovations will be utilised by customers across verticals including banking, financial services, healthcare, public services and manufacturing.

"The Coimbatore facility marks a major step in expanding Commvault’s global R&D footprint. Our goal is to harness the city’s outstanding talent to drive high-end cloud engineering capabilities, empowering our customers to be resilient against escalating and rampant cyberattacks, and rapidly rebuild, reconstruct, and recover when the inevitable happens," said Sarv Saravanan, Chief Customer Officer, Commvault.

Zomato and NSE India sign MoU

Zomato has partnered with NSE India to improve financial awareness among onboarded delivery partners, Co-founder Deepinder Goyal shared in a post on X.

As part of this collaboration, Zomato and NSE will be collaborating on conducting such events pan-India and educating 50,000+ Zomato on-boarded delivery partners over the next year, the company said in a statement.

"In our surveys, we've realised that more than 60% of delivery partners are unaware of basic financial instruments like FDs," said Goyal

The first educational workshop was held in Hyderabad on October 22 and saw participation from over 2,000 delivery partners.

"I hope these sessions act as a foundation for all our delivery partners to manage, save and grow their finances and assist them on their path to financial independence," added Goyal.

Additionally, Zomato had recently introduced and facilitated ITR filing for the delivery partners via its delivery mobile app through which more than 85,000 delivery partners filed their ITR for the FY 2023-24 and over Rs 12 crore worth of refunds were processed, the company said.

(The copy will be updated with the latest news throughout the day)