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5 NBFCs for easy festive loans

Festivals bring joy, but also expenses. To ensure you don’t compromise on celebrations, we’ve curated a list of  5 NBFCs offering easy festive loans. These lenders provide flexible eligibility criteria, quick disbursals, and attractive interest rates, making your festive financing woes disappear

Rupee112: Instant Festive Loans 

Rupee112, an RBI-registered lending Non-Banking Financial Company (NBFC), is empowering festive shoppers with quick and hassle-free loans. With a strong track record of innovation and customer-centricity, Rupee112 is poised to revolutionize the loan ecosystem. The brand offers loan amounts ranging from ₹5,000 to ₹1,00,000, catering to diverse shopping budgets. Whether it’s funding a family gathering or purchasing festive gifts, Rupee112’s instant loans provide the necessary financial boost.This festive season, Rupee112 is committed to empowering shoppers with the financial freedom they need to celebrate with joy and confidence. By leveraging its cutting-edge technology and customer-centric approach, Rupee112 is set to make a significant impact on the loan ecosystem, providing quick and affordable loans to those who need them most.

Bharatloan: Diverse Loan Options

This festive season, BharatLoan, India’s fastest-growing digital lender, is offering special loan schemes to help you celebrate stress-free. Founded in January 2023, BharatLoan has achieved over 5 million app downloads, providing quick, fair, and fully digital loans. Their festive loan offers include flexible amounts, and instant digital approvals, ensuring you have the funds you need when you need them. With a focus on financial inclusion, BharatLoan ensures everyone can access loans, even with limited or no credit history. Apply now at www.bharatloan.com and make your celebrations brighter!

lendingplate: Digital lending NBFC 

lendingplate, under Unifinz Capital India Limited, is a digital lending NBFC that offers unsecured personal loans up to ₹2,50,000 with flexible repayment options extending up to 15 months. Registered with the Reserve Bank of India, the platform provides instant loan approvals and disbursements in under 30 minutes, servicing more than 5000 pin codes across 250 major cities and towns in 17 states. lendingplate’s customer-centric approach and innovative digital solutions have made it a preferred choice for individuals seeking hassle-free financial assistance.

IIFL Finance: Digital Loan Solutions 

IIFL Finance offers a seamless digital loan application process with instant disbursal. Interest rates start from 11.5%, and loan amounts go up to ₹25 lakhs. IIFL Finance’s digital platform ensures swift loan approvals, minimal documentation, and flexible repayment options. This festive season, IIFL Finance provides the perfect financial solution for various expenses.

Shriram City Union Finance: Mobile-First Lending

Shriram City Union Finance’s mobile app enables instant loan applications, utilizing AI-driven credit evaluation for faster approvals. Interest rates start from 13.5%, and loan amounts go up to ₹3 lakhs. This mobile-first approach expands financial inclusion, reaching underserved segments. Shriram City Union Finance’s digital push enhances customer convenience, reducing paperwork and increasing operational efficiency.

Agora Integrates With OpenAI to Enable Real-time Conversational

Agora Launches Conversational AI SDK, Integrated with OpenAI’s Realtime API to Power the Evolution of Natural, Voice-Driven AI Experiences

SANTA CLARA, Calif., Oct. 4, 2024 — Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced the launch of its revolutionary Conversational AI SDK, integrated with OpenAI’s Realtime API to allow developers to seamlessly bring engaging, voice-driven AI experiences to any app. This integration lets developers build conversational AI for a vast range of use cases and provide users with a more natural way to interact with AI than ever before.

“Real-time conversational AI is the next step in helping consumers and organizations across the world realize the benefits of this seismic and revolutionary technology,” said Tony Zhao, CEO and Co-Founder of Agora. “With OpenAI, our Conversational AI SDK will allow developers everywhere to increase interactivity in their apps by implementing natural voice interaction with the conversational intelligence of OpenAI, thanks to Agora’s robust real-time audio streaming capabilities.”

The Conversational AI SDK leverages Agora’s intelligent routing and ultra-low latency real-time network – which powers 60 billion minutes of real-time interaction per month in over 200 countries and regions globally – to enable human-like voice interactions with OpenAI via the OpenAI Realtime API. The SDK incorporates AI echo cancellation and background noise suppression to deliver accurate voice processing in any environment, making it easy for developers to provide reliable connections with OpenAI’s GPT models.

“By integrating lifelike, interactive AI learning assistants into our platform, we can enhance personalized skill assessments, improve the learning experience for developers, optimize online testing, and create new opportunities to expand our skill assessment and educational services globally,” said Samuel Lim, CEO & Founder of Agora customer Grepp.

The new integration will allow developers to quickly build robust AI voice agents for use cases including 24/7 customer support, concierge services, health and wellness, education and language learning, gaming, voice interfaces and many more.

“Agora’s Conversational AI SDK will make it easy for us to integrate real-time voice interaction with AI into our IoT products,” said Yun Zhang, CEO & Co-founder of Wyze, an emerging Home Intelligence platform with scalable IoT devices that is also an Agora customer. “Agora’s network is a game changer, with the ultra-low latency response time necessary for truly natural voice interaction with AI-powered smart devices.”

“The integration with OpenAI will unleash a wave of creativity and utility in the AI space unlike anything we have seen to date,” concluded Zhao. “Whether it’s wellness coaching in the healthcare space, a 24/7 customer support agent, or a language tutoring app that can help students practice their speaking skills, our Conversational AI SDK and OpenAI’s Realtime API will allow developers to imagine and build apps that would have been inconceivable only a few years ago. It will also help end users leverage AI in their daily lives in entirely new ways – and Agora is thrilled to integrate with OpenAI to make it all possible.”

Mumbai’s Resource-Challenged Adolescents Lead Health Revolution at Community Health Mela

Salaam Bombay Foundation’s Inaugural Community Health Mela proved to be a huge platform for adolescents to educate on the importance of healthy lifestyles in their communities.

Mumbai, October 4, 2024: In today’s world, health is no longer a luxury but a necessity. Mumbai’s hardworking residents, especially those from resource-challenged backgrounds, often overlook their physical and mental well-being in their pursuit of a better life. The challenge now is striking a balance: How can we nourish our bodies and minds while managing the demands of daily life from easily available items? To address this question Salaam Bombay Foundation has created a stage for the future change makers under the name Community Health Mela which was recently held at IDUBS School, Bhandup West.

Salaam Bombay Foundation’s (2)

Prominent government officials, Smt. Manisha Pawar(Deputy Director, Regional Academic Authority – Education Department of Maharashtra)and Shri. Santosh Kanthe(Deputy Education Inspector), flagged off the Community Health Mela. Salaam Bombay Foundation’s student Health Monitors walked them through various stalls as they explained concepts of driving social impact within their respective communities. Salaam Bombay Foundation’s Health Monitors had dedicated stalls where they explained to the attendees the benefits of the initiative that were highlighted. The officials were impressed by the concepts made by the students such as the Magic jar which helps to reduce anxiety. Through this initiative, the students associated with the Foundation had a wider stage to showcase their initiatives to a massive audience of 1,900+ people who attended the event across two days of its running. The Community Health Mela welcomed students from 15 schools and 1 junior college as visitors. Additionally, 24 schools participated actively, with 60 health monitors sharing their knowledge and initiatives with attendees.

Salaam Bombay Foundation’s (1)

The Health Monitors at the Microgreen-zone explained how anyone can cultivate microgreens in their homes and the benefits of having them in each meal. At the same time, the students in the Calm Corner showed various methods of handling stress. Apart from this, Salaam Bombay Foundation’s proactive Health Monitors educated the audience on the ill effects of tobacco consumption and promoted awareness about the benefits of eating healthy foods and measures to develop a better self-image. The Health Monitors showcased their expertise at the event, raising insightful questions on unhealthy lifestyle habits. Their inquiries covered tobacco-free policies in schools and public spaces, COTPA regulations, nutrition, and mental well-being. This demonstrated the impact of Salaam Bombay Foundation’s community outreach programmes in empowering young change makers. Various schools across Mumbai participated in the Community Health Mela and delivered NukkadNataks, Songs on topics such as eradicating the use of tobacco from society.

Tshering D. Bhutia, Chief Innovation Officer & Senior VP – Preventive Health, Salaam Bombay Foundation said“We are very grateful to the government schools for their continued collaboration and allowing us to implement our experiential learning methodology in alignment with the New Education Policy. Our focus on holistic development through our ‘Preventive Health Education Programme’ of each child has yielded incredible results, as evident through this platform today. These students have showcased remarkable talent and possess the potential to drive meaningful change within their communities. Platforms like these not only foster the growth of participating students but also inspire other young minds to follow in their footsteps.”

The Community Health Mela was a delightful showcase of how students’ enthusiasm for health has blossomed at home. The 4 food stalls were a testament to the students’ eagerness to share what they’ve learned through our programmes with their families. They encouraged their parents to whip up nutritious lip-smacking twists to their favourite snacks. It was heart-warming to watch knowledge passed from the classroom to kitchen to the community. Adding to the friendly atmosphere, the Health Camp teamed up with caring professionals from Navkaar Hospital, Bhalanetra Eye Hospital and several seasoned dentists who offered free health check-ups.

Manisha Pawar (Deputy Director, Regional Academic Authority) said,“Salaam Bombay Foundation’s programmes exemplify the core principles of the New Education Policy 2020. Their School Kitchen Garden initiative is a prime example of experiential learning, seamlessly blending theory with practice. Such innovative approaches are crucial in nurturing well-rounded, health-conscious citizens of tomorrow.”

SantoshKanthe (Deputy Education Officer)said, “The Government of Maharashtra has implemented several programmes to curb tobacco usage among students, with ‘Tobacco-Free Schools’ being a key initiative. These efforts underscore our commitment to creating healthier learning environments. By collaborating with organizations like Salaam Bombay Foundation, we’re strengthening our resolve to nurture a tobacco-free generation.”

Salaam Bombay Foundation is on a quest to provide such platforms for budding change makers who genuinely want to contribute to their communities and bring positive change in their mindset.

Spectrum@Metro Hosts Dandiya Night 2.0: A Cultural Extravaganza Promising Unforgettable Festivities

New Delhi, 4 October 2024: Spectrum@Metro, Noida, Sector 75, is organising an electrifying Dandiya Night 2.0 on October 5, 2024. The powerful duo DJ Abhi and Perisha will perform at the event, engaging visitors with garba beats. This event promises a night of non-stop dance, music, and cultural festivities for families and friends looking to celebrate the spirit of the Navratri season.

People will have an unforgettable experience filled with Dandiya raas, live performances from artists, and the infectious beats of Dhol bands. Talented DJs will spin the latest hits alongside classic favourites, making everyone enjoy themselves to the rhythm of Dandiya night.

Spectrum@Metro Hosts Dandiya Night 2.0: A Cultural Extravaganza Promising Unforgettable Festivities

DJ Abhi and Perisha’s foot-tapping mixes will keep the energy levels soaring. Popular RJs will also be present, engaging the audience with lively gigs throughout the night, making this event a joyous evening for the visitors.

Ajendra Singh, VP of Sales and Marketing Spectrum@Metro, said, We are delighted to organise Dandiya Night 2.0 for our visitors; it will be an electrifying celebration of culture and dance. This year, again, we have the incredible duo DJ Abhi and Perisha, where attendees will have an unforgettable night filled with music and the joy of Garba. Such events are our commitment to organising cultural feasts for our visitors every year, and we look forward to seeing everyone on the dance floor and making memories that will last a lifetime.”

This Dandiya Night 2.0 is going to be a celebration of the festivities, and people will experience culture through dance and music. People of all age groups will be able to participate in this event, where they will dress up in traditional outfits and dance to the beats of Dandiya.

Arohan records a milestone Aadhaar-enabled eKYC driven underwriting

October 4, 2024: In a milestone achievement, Arohan Financial Services Limited emerges as one of the first NBFC-MFIs to get approval and implement aadhaar-enabled eKYC as per the Gazette Notification issued by Ministry of Finance, Department of Revenue, dated, 8th April, 2022 for allowing select NBFCs for aadhaar eKYC. The Company has launched the Aadhaar based e-KYC on the field last week in Bangalore.

Arohan records a milestone Aadhaar-enabled eKYC driven underwriting

Mr. Manoj Nambiar, Managing Director, Arohan Financial Services Limited said, “Today marks a significant milestone for our organization and the industry as a whole. Successfully implementing Aadhaar-enabled eKYC not only enhances our underwriting efficiency with authentic KYC but also strengthens our commitment to financial inclusion. This innovative solution empowers us to serve our customers better, ensuring that even the most underserved communities have access to essential financial services. We are indeed proud to have been one of the first NBFC MFI’s to receive this approval from RBI, UIDAI and GOI and thank all concerned .”

Commenting on this momentous achievement, Mr. Arvind Murarka, Chief Information Officer said, “This is a significant step forward towards our commitment to customer centricity while ensuring seamless operational efficiency. The industry is facing a problem in establishing authentic customer identity and this eKYC facility will help Arohan in overcoming this problem. I congratulate the team on this achievement.”

Arrtha Cars Commemorates Expansion with the Release of Windsor EV in Bangalore

Bangalore, 2nd October, Arrtha Cars, the authorized dealer for JSW MG, proudly celebrated a major milestone today with the launch of the all-new Windsor EV, held at Arrtha Cars, No. 190/266 Gangadhar Appa Complex, Magadi Main Road, Sunkadhakatte, Bangalore. This event marks three months of rapid growth since the company’s commencement of operations in July 2024. Led by Mrs. Nikkita Paramesh, who transitioned from the education sector to the automobile industry, Arrtha Cars has been steadily expanding its presence in the automotive market as a trusted partner for JSW MG.

Arrtha Cars

 

Headquartered in Bangalore, Arrtha Cars operates with a strong value system built on trust and integrity. The company is driven by a mission to be the most dependable and ethical solution provider for all its stakeholders, striving to offer a seamless experience for customers in the automotive sector.

 

In line with its growth strategy, Arrtha Cars also announced the upcoming inauguration of new showrooms and workshops in Yelahanka and Yeshwanthpur. These expansions further underscore Arrtha Cars’ commitment to delivering top-notch customer service and satisfaction across Bangalore.

Arrtha Cars

Adding to the excitement of the event was the launch of the Windsor EV, an innovative electric vehicle that marks MG’s sixth car in the Indian market. The Windsor EV sets a new standard in driving technology, positioning Arrtha Cars at the forefront of the country’s electric mobility revolution.

 

The event was attended by prominent guests, including:

  • Nupur Jain, Head of Dealer Development, MG South Zone
  • Sapthami Gowda, Actress and special guest
  • Kiran Manelli, Regional Business Head – South, JSW MG
  • Chezain, CEO of Arrtha Cars
  • Nagashree, Head of HR, Arrtha Cars Group

Speaking on the occasion, Mrs. Nikkita Paramesh, Founder of Arrtha Cars, expressed her gratitude to the customers and stakeholders for their support, stating, “We are thrilled to celebrate this milestone in our journey and launch the Windsor EV, a vehicle that represents the future of mobility in India. At Arrtha Cars, our focus remains on excellence in service, customer satisfaction, and commitment to quality, as we continue our journey towards becoming a leading name in the automotive sector.”

Arrtha Cars is committed to providing unmatched customer service and innovative automotive solutions, cementing its position as a trusted JSW MG dealer in the region. The launch of the Windsor EV reflects the company’s vision of driving the future with sustainable mobility solutions and setting new benchmarks in the automotive industry.

 

FICCI Bharat R&D Summit to Spotlight Commercialization of Research

New Delhi: The Federation of Indian Chambers of Commerce and Industry (FICCI) is set to host the FICCI Bharat R&D Summit 2024 on October 3rd and 4th at Federation House, New Delhi. This two-day event will bring together thought leaders from industry, academia, and government to explore avenues for collaboration in research and development (R&D) and innovation.

The summit will feature key sessions addressing critical topics, including the commercialization of research, fostering startup ecosystems through Science & Technology (S&T) clusters, and global best practices for R&D funding. The event will also highlight successful case studies of industry-academia partnerships and feature a showcase of groundbreaking research projects with potential for commercialization.

FICCI New Delhi

Senior officials from the Department of Science & Technology and Office of Principal Scientific Adviser to the Government of India will share their insights related to R&D. Leaders from TCS, Reliance, Adani, etc will share industry perspectives at the programme.

Various R&D institutes and Universities would be showcasing their research work, which is available for commercialization. A committee has been set up by FICCI to evaluate the research work, which industry could look at for possible commercialization.

The event promises to be a crucial platform for fostering dialogue and action, paving the way for stronger R&D infrastructure and partnerships in India.

Restoring Hope in the Aftermath: SEEDS’ Lifesaving Support for Women and Children in Assam’s 2024 Floods

In 2024, Assam once again faced the devastating impacts of severe flooding, displacing thousands and threatening the lives of vulnerable communities. Among the most affected were women and children, who found themselves grappling with the loss of shelter, security, and access to essential services. In the face of these overwhelming challenges, efforts to restore hope and rebuild lives became vital, focusing on providing immediate relief and long-term support to help these communities recover.

SEEDS (Sustainable Environment and Ecological Development Society)

Amid the crisis, SEEDS (Sustainable Environment and Ecological Development Society), an organization with 30 years of experience in disaster recovery and resilience, stepped forward to provide crucial relief to vulnerable communities. The floods, which began on June 18, 2024, left many areas waterlogged and isolated, forcing families to relocate to higher ground using makeshift floating vessels made from bamboo and banana trees. With power outages lasting for weeks and water supplies halted for over 20 days, the challenges faced by the affected communities were immense.

SEEDS focused its relief efforts on three severely impacted Gram Panchayats in Karimganj district of Assam: Suprakandi, Nilambazar, and Charkuri, prioritizing marginalized communities, women-led households, and elderly individuals who relied on small-scale agriculture and labor for their livelihoods. These areas were among the hardest hit, with damaged sanitation infrastructure, contaminated water sources, and schools closed for over a month.

SEEDS’ Lifesaving Response to Assam’s Flood Crisis

SEEDS responded swiftly to assist families affected by the flooding in Assam, providing immediate aid to those in need. Food kits containing rice, wheat flour, dal, oil, and spices were distributed to 1,282 households, providing them with the essential supplies to survive in the wake of disaster. Additionally, 2,178 households received hygiene kits. These kits ensured basic sanitation and health in a challenging environment where access to clean water and hygiene was severely disrupted. The road to recovery was challenging. With many areas cut off by floodwaters, SEEDS used boats and local vessels to reach affected villages, setting up distribution points to ensure families received urgent aid. Alongside food and hygiene kits, SEEDS provided shelter kits to 891 families and repaired 11 handpumps, restoring safe drinking water to the communities. These immediate interventions laid the groundwork for a more significant focus—creating secure environments for women and children.

Child-Friendly Spaces: Nurturing a Future of Hope

One of SEEDS most transformative contributions to flood recovery was the establishment of Child-Friendly Spaces (CFS) in Suprakandi and surrounding wards. In total, 11 CFS centers were set up, offering a sanctuary for 392 children during one of the most vulnerable times of their lives. These spaces were more than just shelters; they were hubs of informal education, play, and psychosocial support. Children in these spaces found an escape from the trauma of the flood crisis. CFS centers gave them a sense of normalcy and structure, allowing them to engage in learning and recreational activities in a safe and nurturing environment. More than that, these spaces became centers of protection, shielding children from the physical and emotional stress brought about by the disaster. The overwhelmingly positive response from the community demonstrated how crucial these spaces were in helping children cope and heal.

Ensuring Safety and Health: SEEDS’ Support for Women in Assam’s Flood-Affected Communities

While children were being cared for in CFS centers, SEEDS focused its attention on another critical issue—women’s safety and well-being. SEEDS baseline findings revealed alarming gaps in the relief camps. Women and adolescent girls lacked privacy and proper safety arrangements, leaving them feeling unsafe in these communal spaces. Many chose to return home, despite the risk, to sleep in homes partially submerged in water. In response, SEEDS launched initiatives specifically aimed at addressing the concerns of women in these difficult times. In partnership with Anganwadi Workers (AWW), Accredited Social Health Activists (ASHA), and Village Development Police (VDC), SEEDS organized women’s meetings and awareness programs. These sessions focused on safe menstrual hygiene practices during disasters, prevention of gender-based violence in relief camps, and ways for women to safeguard their personal safety. Additionally, SEEDS incorporated health education into these programs, covering essential topics like preventing diarrhea, proper ORS preparation, and maintaining a safe water chain. These awareness programs were repeated multiple times in each ward, ensuring that no one was left behind. Through these efforts, SEEDS reached 687 women and adolescent girls, providing them with crucial information and protection during the recovery process.

Building Resilience for the Future

Beyond the immediate relief, SEEDS is committed to helping these communities build long-term resilience. Recognizing that floods are a recurring threat in Assam, SEEDS advocates for flood-resilient infrastructure, such as raised toilets and flood-proof homes. In collaboration with local authorities, SEEDS continues to push for solutions that will help these communities withstand future disasters. One of the key strategies SEEDS recommends is the cash-for-work program, which would provide a dual benefit—helping communities recover while stimulating the local economy. Additionally, WASH (Water, Sanitation, and Hygiene) committees are being trained within villages to ensure long-term health and hygiene improvements, creating a culture of preparedness that will last far beyond this crisis. As SEEDS continues its work in Assam, it remains focused on empowering women and children, not just through immediate relief but also by addressing the deep-rooted social issues that make these groups vulnerable in times of disaster. By promoting women’s education, protection, and safety, SEEDS is helping to build a future where communities are not only able to recover from floods but also thrive in the face of them.

Conclusion

While the frequent occurrence of floods in Assam has led to a troubling sense of normalcy, often categorizing these events as low-to-medium-level disasters, they cannot be taken lightly. The recurring nature of floods requires sustained attention and strong disaster management strategies to protect vulnerable populations. SEEDS demonstrated that disaster relief must extend beyond the basics. By focusing on women and children, they created spaces of safety and hope, providing critical supplies and helping the community rebuild physically, mentally, and emotionally. SEEDS’ efforts underscore the need for both immediate relief and long-term resilience-building to ensure communities can recover and thrive amid such natural calamities.

Tata Elxsi Delivers World’s First RDK-B Integration on Qualcomm 5G Fixed Wireless Access Platform

Mumbai, September 24, 2024: Tata Elxsi, a global leader in design and technology services, today announced the successful integration of the RDK-B software stack with the Qualcomm® 5G FWA Gen 3 Platform. This first-of-its-kind integration opens a new pathway for operators to deliver fast, reliable, and scalable high-speed FWA solutions. Integration of the RDK-B middleware includes key features such as Wi-Fi 6 connectivity, packet statistics, and advanced security options, ensuring the platform is versatile and can be deployed in both indoor and outdoor environments. Operators can now deliver value-added services like Quality of Service (QoS), band steering, parental control, and VPN, enhancing the overall broadband experience.

A new white Wi-Fi router on the table indoors.
A new white Wi-Fi router on the table indoors.

Gautam Sheoran – VP and GM, Wireless Broadband and Communications at Qualcomm Technologies, Inc. stated: “We are proud to collaborate closely with Tata Elxsi, who has leveraged their considerable expertise to port the RDK-B stack to our 5G FWA Gen 3 Platform, featuring the Snapdragon® X75 Modem-RF System. This critical step empowers operators to accelerate time-to-market, deliver high performance FWA solutions, and reduce development efforts as they deploy powerful new FWA CPE solutions. We look forward, through continued collaboration with Tata Elxsi, to expanding our engagement with the broader RDK community, giving operators more choices and flexibility in deploying state-of-the-art solutions.”

Priya S Kumar – Head, Media and Communications at Tata Elxsi, stated: “This integration broadens the RDK ecosystem and silicon diversity, which has traditionally centered on wired technologies like DOCSIS and Fiber-to-the-Home (FTTH). By incorporating RDK-B into the cellular-managed WAN space, Tata Elxsi is excited to collaborate in positioning the Snapdragon X75 platform as a future-ready solution for high-performance broadband applications. Tata Elxis’s continuous commitment to the RDK ecosystem enables SoC’s, OEMs and operators to rapidly innovate and scale, addressing the demands of next-generation broadband technologies.”

Looking ahead, Tata Elxsi will upgrade the platform to include next-generation features such as Wi-Fi 7. This upgrade will further enhance FWA devices, offering operators more flexible, scalable, and cost-effective solutions setting the stage for the next generation of wireless innovation.