The lottery and gaming conglomerate Sugal & Damani Group, announced the launch of Khel Group, aimed at becoming India’s largest online gaming platform. Khel Group will be the parent company with two of its own online gaming portals called Khelplayrummy offering online rummy and the newly launched KhelChamps, offering fantasy sports and gaming. Khel Group also has Pokerstars currently operated by Sachiko Gaming Pvt. Ltd., that has an exclusive partnership with the global entity – The Stars Group. Khel Group therefore becomes the only online gaming group in the country offering rummy, fantasy sports/games and poker together through a single, seamless and an efficient interface.

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According to a recent study done by KPMG and Google in India, the gaming industry is currently estimated at approximately $0.6 billion, of which online gaming is approximately $0.37 billion. This shows that online gaming segment has a great scope in India and Khel Group looks at acquiring a substantial market share in this segment in the country.

Commenting on the development, Naveen Goyal, CEO, Khel Group said

Since the launch, our company has been focused on providing the best customer experience by offering a seamless interface through innovative technologies. With Khel Group, we intend to augment the online gaming experience along with consolidating several gaming offerings. The purpose of Khel Group is to create a strong single platform and identity which is imperative for the brand to communicate effectively with our different stakeholders. I look forward to this new and exciting phase of our journey.

Sharing his perspective on the online gaming industry in India, Nitesh Damani, Founder & Promoter, Khel Group said

India’s growing internet consuming population and smartphone penetration coupled with reasonable data prices is creating a revolution in the online gaming sector. Hence it is important to keep upgrading the back-end technology to intensify our product offerings and give the best user experience to stay relevant to them from time to time. With our foray into the fantasy sports, we are expanding our capabilities and adding value to the customers by offering them ample options to choose from, by way of which our vision to be the only online gaming group offering multiple games can be reinstated.

Technology and ease of attractive user interface is the mainstay of Khel Group’s range of premium brands across all its verticals. The Group takes pride for the massive reach that it has and looks forward to shape the online gaming industry.

About Khel Group

Khel Group aims to be the largest online gaming group by meticulously engineering superlative online gaming experiences. The group strives to adapt to changing trends, evolve and reform, producing better versions of work each time. The utmost priority is to ensure smooth, exciting and safe game play which subsequently attracts gaming enthusiasts.

Aeris, a technology leader in the Internet of Things [IoT], announced it is working with the Roambee Corporation, an IoT supply chain and enterprise asset visibility company, to help enterprises improve their monitoring of shipments and assets through IoT-based technologies offered by both companies.

Roambee provides IoT-based real-time global condition monitoring and visibility services for in-transit goods and in-field assets. Roambee’s unique end-to-end solution simplifies global shipment visibility across the supply chain, including the entire cold chain process for enterprises. The company provides patented hardware and software technology, combined with an array of senor data, analytics, predictive reporting and open application programming interfaces [APIs] to increase Return On Investment [ROI], improve supply chain operations, and reduce inventory loss.

Aeris offers end-to-end IoT and machine-to-machine [M2M] solutions through its comprehensive Aeris Mobility Platform [AMP] and Aeris Connectivity Platform [ACP]. Collectively, these platforms enable enterprises and original equipment manufacturers to embark on a digital transformation journey to enhance revenue, create new services and form new business models.

ACP provides Roambee with the ability to manage its global data connectivity, which in turn is being used by Roambee for its shipping, inventory, pallet, asset and fleet monitoring services. This helps Roambee advance its service delivery while improving supply chain predictability and throughput for enterprises.

The Aeris Connectivity Platform provides a ‘smarter’ cold chain because real-time monitoring devices provide managers with live data and situational alerts, thereby mitigating risks along the cold chain before they arise, while providing actionable insights for future business improvements.

Christina Richards, Vice President of Global Marketing, Aeris, said

Aeris is an Internet of Things industry leader. Through our work with Roambee, we enable them to easily manage a host of cold chain monitoring data analytics and connectivity capabilities for global enterprises. The Aeris Connectivity Platform is built for IoT and has been globally tested at scale. For more than a decade, we have unlocked IoT value for enterprises and look forward to helping Roambee be the preeminent provider of cold chain monitoring solutions.

Vidya Subramanian, Vice President of Products, Roambee, said

By utilizing Aeris Connectivity Platform’s data management and location capabilities, Roambee better manages our own quality of global service for enterprises at scale. This is an integral part of Roambee’s portfolio of end-to-end, real-time visibility and monitoring solutions, and we are proud to partner with Aeris in this capacity.

Roambee’s real-time monitoring solutions provide managers with live data and situational alerts, thereby mitigating risks along the cold chain before they arise, while providing actionable insights for future business improvements. By leveraging ACP and its location-based services, Roambee’s services alleviates on-time delivery risks; reduces spoilage and damage risks; lowers theft and financial risk, and improves its overall delivery of service.

Kerala Startup Mission, the nodal agency of Govt. of Kerala for technical entrepreneurship in the State has partnered with Unity Technologies to launch a Centre of Excellence for AR/VR and gaming. Through this Centre of Excellence, Unity will extend support to startups developing products, services, and games on platforms including mobile, PC, and various AR/VR hardware. This Centre of Excellence will also have a special focus on providing different levels of training on AR/VR developer tools to students and professionals in the State. The partnership is a significant step forward for developing an AR/VR ecosystem in Kerala.

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Shri. M Sivasankar IAS, Secretary Department of IT & Electronics, Govt. of Kerala, said

The AR/VR market is expected to witness huge growth globally in the next 5-6 years. This growth in demand for AR/VR content and solutions will be accompanied by the sprouting up of a new set of businesses. This Centre of Excellence for AR/VR Developer tools with Unity Technologies is a step taken by the Govt of Kerala towards creating an ecosystem for new businesses to grow and cater to the global demand.

Hubert Larenaudie, Vice President of Asia Pacific at Unity Technologies, said

Unity is at the center of the AR/VR ecosystem, powering 60%+ of all content and we see this industry growing significantly over the next few years. This Centre of Excellence for AR/VR developer tools is a step taken by the government of Kerala to create an ecosystem for these new businesses to grow and thrive.

Saji Gopinath, CEO, Kerala Startup Mission, said

Kerala Startup Mission is committed towards creating an enabling ecosystem for young ventures working on various emerging technologies. With its rich pool of creative talent, Kerala has the opportunity to become a hub for this extended reality disruption, which is a combination of content and solutions powered by hardware and distribution platforms. This emerging industry will, in turn, create new jobs that require new sets of skills. We will be working with ICT Academy of Kerala for skilling interested students and professionals on these design and development tools.

In line with the Knowledge City initiative of Government of Kerala, KSUM has a special emphasis in promoting startups working in various emerging technologies like AI, Cyber Security, AR/VR etc. Over the past one year, KSUM has touched bases with more than one hundred [to be precise] startups in these emerging technologies and has provided these startups with various support mechanisms including technology access through Future Technologies Lab, Innovation Grants, seed loans, exposure programs, and market connects. Future Technologies Lab also runs evangelization drives across the State to attract more professionals and students to take up research, learning and development programs in these newer technologies.

Santhosh Kurup, CEO, ICT Academy of Kerala, said

In the Industry 4.0 world, AR/VR is a vital technology that has applications in multiple domains, hence youth with skills and competencies in AR/VR will have a unique advantage in the future jobs market. ICTAK is delighted to be skilling interested students and professionals on these design and development tools.

About Kerala Startup Mission

Kerala Startup Mission is the nodal agency of Government of Kerala for promoting technology entrepreneurship in the state and is the implementing body for the Kerala Technology Startup Policy that supports the startup ecosystem by means of different components such as infrastructure, incubators and accelerators, human capital development, funding, and exposure programs. For more information, please visit Kerala Startup Mission.

Becoming a crorepati is generally a lifelong dream for most people, but it is not as unattainable as it may seem. Given the right combination of patience and commitment, you can easily hit the 1 crore mark before you choose to retire. Assuming you are just starting out in your career, this plan for the distant future requires a solid long-term strategy to help you achieve your objective.

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However, chalking out a strategy is only one part of the process. It is the actual follow through that distinguishes wealthy investment gurus from aspiring investors. So, what are the steps you can take to reach this goal as early as possible? Let’s discuss them here.

1. Assess Your Present Situation

The first step is to map out the distance to your destination. So, before you start making any concrete decisions, first consider your current net worth. For example, if you already have a net worth of Rs. 20 Lakhs, and you are aiming to become a crorepati in 20 years, you need to invest an average of 13,000 per month at an interest of 8% per annum, to meet your target.

It is equally important to assess your age, income, expenses, and family situation at this point. This will allow you to set a realistic time-frame for achieving your goal.

2. Start Investing Immediately

Investments may be a secondary source of income, but they are the primary source of wealth creation. Once you have charted a fair timeline and a realistic savings amount, start investing the money immediately. The sooner you begin, the more time you will have to build a sizeable corpus for the future. This will result in one of two things – you’ll either be able to retire earlier than expected or save more money than planned thanks to the compounding effect.

3. Spread Out Your Investments

You can make smart decisions and investments, but that doesn’t guarantee it will be your big ticket to wealth. When it comes to creating a cache this big, you will need to take a fair amount of risk. Aside from real estate, which requires large capital, you should consider putting your money in mutual funds, retirement accounts, and ULIPs. The best ULIP plan is one that provides maximum growth opportunities and adequate coverage along with some much-needed flexibility. It is ideal for individuals who are willing to invest long-term. You can even buy ULIP online if you want to skip the hassle of physical forms.

4. Save First, Spend Later

Contrary to the norm that exerts ‘saving money after expenses are paid’, it is a better idea to do the exact opposite. First, save a fixed amount every month as per your goal, and then move on to your expenses. This will acclimatize you to the habit of setting aside a predetermined percentage of your income and help you live within the confines of a budget. That doesn’t mean you can’t indulge yourself once in a while, but remember, a target like 1 crore requires some sacrifices.

By taking these steps and focusing on your goal, nothing can stop you from becoming a crorepati before retirement and living the rest of your life in carefree comfort and luxury.

Life is uncertain. One cannot rule out the probability of an unfortunate event of death. Though you may not have control over every imminent uncertainty, you may secure your financial well-being through a term plan.

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Understanding term policies

Before purchasing such a policy, it is imperative to know what is term insurance and the benefits of such a policy. A term plan is the simplest form of life cover, which provides coverage for a pre-determined term. In case of an unfortunate event during the policy term, your loved ones are entitled to receive the sum assured amount. Such plans do not have a maturity benefit.

Term plans – Protecting your big plans

Through a term insurance plan, you may meet your short-term and long-term goals rather easily. Such a type of cover is an excellent choice for individuals in their family formation years when the need for protection is the greatest. A term cover allows you to invest in high levels of coverage at an affordable price, thus making it a perfect product for your insurance needs.

Following are five major reasons why a term plan aids in protecting your big plans.

  1. Financial security

This is one of the most important advantages of a term plan. In the case of an untoward event, your family is well protected against various financial obligations. They may use the received sum assured amount to fulfill their big plans such as higher education, meeting wedding expenses, purchase of an asset, or even meeting funeral expenses. They may continue meeting lifestyle expenses without any financial constraints. Purchasing such a plan, therefore, provides peace of mind that their needs will be taken care of even in your absence.

  1. Great choice for single parents

Many single parents are burdened with finances and therefore avoid investing in a life cover. However, the truth is that your child solely depends on you. You need to ponder over the fact that they may be left financially crippled if you are not around them tomorrow. Term plans, given their affordable nature, is an ideal option for single parents. With the help of the death benefit amount, your children may continue living their life and achieving their dreams.

  1. Conversion to a life policy

In certain cases, you may convert your term policy to a whole life policy and start building cash value. This not only aids in supporting your dependent but also helps in building savings. You may use the amount in whatever way you seem fit such as meeting your retirement goals, estate planning, down payment for a new home, or a cushion for emergency expenses.

  1. The benefit of additional coverage

Riders, also known as add-ons, provide additional coverage at an extra premium. These riders supplement your existing term plan and allow you to enjoy a customized cover, as per your needs and requirements. Some of the common term riders include critical illness rider, waiver of premium rider, accidental death rider, accidental disability rider, and income benefit rider, among others.

  1. Tax benefit

Term plans are an excellent instrument to lower your tax liability. The premium paid towards your plan is eligible for tax deduction under Section 80C of the Income Tax Act, 1961. You may enjoy a maximum deduction of up to INR 1.5 Lakh from your taxable income and save a significant amount of money.

A term cover has numerous benefits. It offers the much-needed protection for all your big plans in life. You may, therefore, purchase a term plan at the earliest and usurp the many benefits such a policy has to offer.

Capillary Technologies, Asia’s leading SaaS company, launched its first exclusive deals and coupons shopping app ‘DealHunt‘. The app is a one-stop destination for best offers and deals across 20+ categories. Consumers can choose from 1000+ trusted brands on both online and offline platforms, including fashion, beauty, food, health, travel, electronics and more. The Android version is available to download on Google Play Store, while the iOS version is slated for release later this month.

The offers and discounts on DealHunt app are backed by Capillary’s AI-powered technology with in-depth analysis on user preferences, thereby, enabling customers to avail the most recent offers at stores within their vicinity and at the best price. The app offers a seamless and user-friendly interface and allows consumers to save big with just one click. The app aims to strengthen customer acquisition strategy for brands which would be an addition to customer loyalty programs that Capillary already offers.

Speaking on this latest product by Capillary, Aneesh Reddy, CEO & Co-Founder, said

Our association with multiple brands over the years has played an integral role in our journey towards the creation of DealHunt App. The AI-powered platform makes the app a unique offering to the users to identify and pick offers and discounts across top brands. Through this initiative, it is a win-win situation for both consumers and retailers. The coupon code can be used offline as well which increases footfall in stores.

To ensure the credibility of all offers listed on the app, a DealHunt team will diligently update the latest and most recent offers only after consultation with the respective brands. The parent company of DealHunt, Capillary Technologies is also set to launch a loyalty program through which users can redeem loyalty points at their convenience. Capillary provides CRM and loyalty management solutions to more than 80% of all the best-selling and popular brands across categories in the market.

DealHunt for Android can be downloaded from here.

About Capillary Technologies

Capillary Technologies help businesses get ahead of the digital evolution and stay ‘Always Consumer Ready’. Over 400 marquee brands across 30+ countries, including Pizza Hut, VF Brands, Walmart, Madura Garments, Valiram, KFC, Starbucks and Samsung, trust Capillary to enable easy and seamless consumer experiences. With over 300 million consumers and 25,000 stores on the platform, Capillary is Asia’s leading SaaS product company. Over 700 Capillary associates across 11 global offices are continually innovating to find new ways for brands to make their consumers’ lives easier, and experiences memorable. For more information, please visit Capillary Technologies.

With slow-paced earnings and fast-growing expenses, people are always seeking different ways to effectively boost their wealth. While there are several options available in the market to do so, investing in a vehicle like life insurance can help accelerate the process.

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Life insurance not only includes extensive life cover for the insured but also financial security for the beneficiaries, in case of the policyholder’s untimely demise. And, if planned properly, the other life insurance benefits can further allow one to amass more wealth.

Having said that, let’s take a look at some of the wealth building benefits of life insurance:

1. Guaranteed protection

The most salient feature of life insurance policies is that they include a savings component called cash value. Along with payments made on your policy, this value increases. The premium you pay is divided and distributed into the death benefit, administration and investment fund, with most of it going towards the investment fund.

In time, as the investments flourish, so does the value of the policy and thereby, the policyholder’s wealth. But most importantly, much like your bank, these policies provide guaranteed protection to your investment and payouts.

2. Instant availability of cash

The untimely demise of the sole breadwinner in a family can result in a major financial crisis. During such a time, the life insurance cover provides the beneficiaries with some much-needed cash required to help cover all the incurred expenses. Further, the assured cash value can help the family sustain their standard of living, and live free from any financial burden whatsoever.

3. Exemption from taxes

Amongst the several benefits offered by life insurance policies, this one qualifies as one of the most prominent ones. In compliance with Section 10 D of the Income Tax Act, the funds accumulated from such policies are non-taxable. Moreover, even the fund growth isn’t subject to taxes, thereby increasing the cash value of the funds over time.

4. Elimination of Debts and Liabilities

During a policyholder’s demise, the dependents may be faced with numerous liabilities or unpaid debts. Acting as a strong financial tool, life insurance can help alleviate these pending debts and liabilities, such as a child’s college education, marriage expenses etc.

Given these life insurance benefits, procuring a life insurance online or even through an agent could make for a healthy investment. It can also help increase your wealth prudently. Thus, it would be wise to learn all about life insurance and effectively build your wealth.

SmartOwner, the fastest growing FinTech firm in South Asia, launches SmartOwner Capital Growth Fund I, a SEBI-registered Category II Real Estate Alternative Investment Fund, structured to deliver strong upside protection with superior risk mitigation. The portfolio is expected to comprise of highly curated opportunities in the fastest growing locations and asset classes in real estate, such as co-working and commercial spaces. The fund has a target size of Rs. 500 crores with a greenshoe of INR 500 crores.

Strong projected growths in commercial & residential real estate markets, high current inflation-adjusted returns, and opportunities from the sale of distressed assets due to RERA, have created a uniquely profitable time to invest in Indian real estate. By combining the growth potential of the best opportunities across asset classes and locations, SmartOwner’s AIF offers a way to profit from the fastest-growing sectors of Indian real estate.

About SmartOwner

SmartOwner is Asia’s largest property investment management firm and marketplace, offering opportunities not available on the general market. SmartOwner brings together the financial expertise of a large PE fund, the legal expertise of a major law firm, and the real estate expertise of a top developer onto a common platform to give real estate investors access to exclusive high-return opportunities that are normally the domain of large financial institutions. For more information, please visit SmartOwner