|In: Technology|Last Updated: | 0 Comments

Gamerji, one of India’s most prominent e-sports tournament platform has become the first ever Indian startup to be selected in the accelerator program by Qatar Sports Tech – A sports-centric startup investor and accelerator based in Doha, Qatar.

Qatar Sports Tech runs an accelerator program for startups that use cutting edge technology to reshape the industry of sports. Having competed against 1600 startups from over 15 countries. Gamerji was selected in the top 10 list of startups from across the world for the program.

As part of the program, Qatar Sports Tech will invest USD 150K in Gamerji and incubate the company while also creating a base in Qatar, opening avenues to the Middle East market. Launched in 2019, Gamerji was founded by Soham Thacker and Varun Gajjar. Within a short span, Gamerji already has over 120K gamers on their platform.

Gamerji allows gamers to compete, communicate, share content and win cash prizes by conducting more than 15 tournaments every day. Gamers can leverage their skills and earn money from the hours spent. It presently offers games such as PUBG, Clash Royale and Call of Duty. Offered to the public as a mobile application, it is available for Android and iOS users for convenient use.

Speaking on the expansion and funding, Soham Thacker, Co-Founder, Gamerji said

E-sports as an industry is rapidly growing and Gamerji has the capacity to have more than a million gamers competing in the next 6 months. The company is also looking to raise its seed round soon.

E-sports as an industry is fairly new in the Indian market. Most tournaments held are hosted offline or on social media platforms. While the registrations, player management and payments are handled using different platforms. Gamerji has consolidated these procedures and is now a one-stop platform for e-sports tournaments.

While most the e-sports companies are focused on either conducting offline tournaments on a grand scale or sponsoring teams, there has been no attention on casual gamers who comprise of the majority of the market. Gamerji has researched and has taken interest in the mindset of today’s casual gamer who on an average spend over 2+ hours daily playing online games. These gamers are looking for an opportunity to make money and attain recognition by using their skills, and Gamerji provides them with this opportunity.

|In: Finance|Last Updated: | 0 Comments

Mutual fund investments are climbing the charts to being an effective investment avenue for investors. One such variant is the Equity Linked Savings Scheme [ELSS], which is a diversified mutual fund scheme that invests at least 80% in equity and equity-related instruments.

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Investing in ELSS can help save tax by allowing investors to claim an ELSS tax benefit under the Section 80C of the Income Tax Act up to Rs.1.5 lakh in a financial year. Additionally, it offers the lowest lock-in period of three years compared to other Section 80C counterparts.

This article looks at the ideal number of ELSS funds you can include in your mutual fund portfolio.

The ideal number of ELSS funds

Typically, an ELSS fund invests in 70 to 100 stocks. So, if you own 5 ELSS funds that means you own around 500 stocks [though not necessarily]. A portfolio with as many as 500 stocks is similar to owning the entire market.

There are around 5000 listed stocks in India, out of which 90% of the total market cap is concentrated on the top 250 stocks. Even if you own half of these 250 stocks, you eliminate your chances of beating market returns. If your aim of investing is to achieve market returns rather than beat them, you can consider investing in an Index fund. These funds charge low expense ratios as compared to ELSS funds.

On the other hand, if you have invested in only one ELSS fund, there is a risk of the fund under-performing. This can, in turn, impact your returns. To diversify the risk across different stocks, you can invest in 2 to 3 ELSS funds, and not more than that. Ensure no common stock holdings are overlapping in various schemes as that can bring down your overall returns during a downward trend.

The investment horizon for ELSS funds

Even though ELSS funds have a lock-in period of three years, mutual fund advisors ask investors to maintain an investment horizon of at least seven years. It is not compulsory to withdraw your funds on the completion of the three-year lock-in period. If the fund is performing well, you can keep continuing to stay invested, as it can give you a better chance of reaping decent yields in the long run.

Most ELSS schemes have a multi-cap strategy allowing them to invest in small-cap, mid-cap and long-cap funds. Thus, when you stay invested for a longer investment horizon, you give your funds more time to weather market volatility and generate good gains compared to short-term.

Conclusion

If you are a new investor looking to invest in mutual funds, you can read more on ELSS v/s mutual fund before you start investing. With ELSS tax saving instruments you can enjoy ELSS tax exemption up to Rs.1.5 Lakh under Section 80C of the Income Tax Act. It is advisable to have not more than two ELSS schemes as part of your portfolio. This can prevent duplication and over-diversification due to overlapping of portfolios of different schemes.

|In: startups|Last Updated: | 0 Comments

Water And Shark International Inc. is a multinational accounting and consulting firm, founded by young Indian CA Harsh Patel in 2012. Having successfully rendered services in the accounting and consulting field on a global level, Water and Shark has now ventured into the legal sector through its member firm Water And Shark Legal which shall operate as a multi-disciplinary legal service firm in India with an aim of providing legal advisory and compete litigation services across India.

Water and Shark has joined hands with young endowed Ms. Kruti Bhavsar who is practicing as an Advocate at the Bombay High Court and as a Counsel at the Supreme Court of India to set up Water And Shark Legal- A multidisciplinary law firm. At present the firm operates from Mumbai and has associate offices across major cities.

The functioning and administration of Water And Shark Legal shall be fully independent and the clients of Water And Shark International Inc. and /or any of its networked member firms and/ or any foreign law firms shall directly approach Water And Shark Legal for legal advice or services. Therefore, the firm ensures that its functioning is in compliance with the Advocates Act 1961 and the Bar Council of India [BCI] Rules.

Legal Expertise – A need of the hour

Entrepreneurs are constantly finding ways to expand their business and attain growth.  Some business owners play with the risk and compromise on safeguarding their interests by not hiring legal service and legal advisory to avoid financial burdens and later end up into huge losses and legal difficulties.

A company is unpredictably vulnerable on all fronts in the absence of an experienced lawyer and advisor. With the current market scenario, where the success rate and risks are equally high, Water and Shark Legal offers a complete legal road map to ensure your growth and minimize legal risks.

The Founder’s  words

Harsh Patel, Founder & Global CEO – Water and Shark, said

Water And Shark is an idea and a vision and not just a company. I started my journey in 2012 with the objective of expanding worldwide and through various sectors and services. Water And Shark thrives on and believes in practical approach. Many a times, our clients faced legal challenges and therefore we recognized the need of having a dedicated legal service to protect the best interest of our clients.

With the commencement of Water And Shark Legal, we have expanded our wing into the legal service sector and I believe that having legal experts on board shall ensure that every entrepreneur and corporate body put out their most confident feet in the market. Water and Shark Legal shall operate independently from Mumbai, India and we are sure that this partnership will help us achieve new heights and serve our client’s better. I heartily congratulate the team of Water And Shark Legal for setting up the boutique firm and I extend my best wishes to the young and dynamic team of lawyers.

What the Co-Founder and Managing Partner of Water and Shark Legal said

Advocate Kruti Bhavsa, Co-founder & Managing Partner – Water and Shark Legal, said

Law and Legal policies play a vital role in the growth and expansion of any business. A good legal framework and strong legal policies are also essential for creating a strong base on which you can build your business. At Water And Shark Legal, our idea is to engineer your business goals and strengthen your position so that every deal becomes a successful step towards growth.

Through our team of experts, we provide all legal solutions under one roof; from civil, criminal, banking litigation to documentation, policy and contract drafting, legal structuring and planning. Our aim is to ensure that we stay with our clients at every step they take and work hand in hand with corporates and entrepreneurs and be a part of their journey and act as their legal safeguard.

One must not forget that filing incorrect documents, entering into voidable contracts or following incompetent & unsafe ways can ruin your business

Legal service and advisory is vital for businesses because it’s always better to avoid legal problems rather than fixing them.

Many business owners lack the necessary knowledge and experience to deal with different legal aspects of running a company. Business transactions involve different stages of negotiation, preparation of paper work, and evaluations. Consulting a legal professional to deal with your business solutions can be very helpful in filing reports, securing legal protection and protecting your business interests.

Most businesses neglect the importance of legal advisor until they receive summons or find themselves before any Court. It is therefore always beneficial to appoint a good business lawyer before you get sued.

Also, with the increasing complexities in law and growing cross border transactions, it is necessary to have a legal expert on board to help you draft the best contracts and provide viable legal solutions to face legal challenges. A good lawyer ensures that his client’s business interests and legal rights are protected.

Sometimes a business needs Corporate Restructuring, in order to make it more profitable and efficient. This involves the process of making changes in the composition of the company’s/firm’s one or more business portfolios in order to have a more profitable enterprise. A commercial lawyer ensures that the restructuring is done in compliance with all corporate laws and regulations and at the same time sketches a profitable legal structure for the company.

|In: Fintech|Last Updated: | 0 Comments

SBM Bank (India) – the first bank to receive banking licence in India through wholly owned subsidiary route, announced a tie up with PayNearby, India’s largest hyperlocal fintech start up. Both firms signed a Memorandum of Understanding to build an “open banking” network towards delivering basic banking solutions as well as advanced financial services, to their customers.

The partnership would enable the Bank to offer complete suite of digital and assisted banking solutions through PayNearby’s exhaustive network of micro-enterprise and retail touchpoints. Besides a win-win for the partners; the alliance will not only empower the underbanked and unbanked segments; but also enable the micro-enterprise and retail touchpoints to earn better returns on their investments. The deployment of the banking module will be done in a phased manner and will work seamlessly with the existing platforms at PayNearby outlets and touchpoints.

Both companies are focused to build open modular architecture-led platforms, that can support plug and play APIs, ensuring highly customized environments which can expand using respective partnership approach.

Commenting on the partnership, Sidharth Rath, MD & CEO, SBM Bank (India), said

At SBM Bank, banking has become an on-demand experience for the new age customers. Branch locations, banking hours or normal waiting time – these concepts are fast eroding. We, being a new bank, have set sights on offering a seamless experience, comprising of taking the bank to where customers prefer to be.

Our partnership with Nearby Technologies is built on a commitment to facilitate financial empowerment among underbanked and unbanked segments – through the wide network comprising of the MSMEs and retail outlets. Together, we will not only make secured, digital and assisted banking accessible to these entities but also add value in their economic growth.

These entities are the backbone of the Indian economy and reaching them directly with the value drivers will trigger a visible positive impact and reduce inefficiency in their economic chain.

PayNearby is the largest agent banking platform from Nearby Technologies – built to educate, engage and push wide range of fintech services, including basic banking facilities like account opening to more advance options like the latest ecommerce experience, the latest payment technology, including UPI, P2P payments and many more.

The technology platform connects consumers via local retailers and micro enterprises, to the solution providers – thereby not only expanding their offerings, but also improving their financial viability and reach. The network of PayNearby retailers, spans across 16,700+ PIN codes in the country.

Commenting on this, Anand Kumar Bajaj, MD & CEO, PayNearby remarked

We will have more than 20 lakh new age retail partners on ground, who will be sourced in a phased manner. They will be the first touch point to onboard customers and serve as the founding stone for the neo-banking initiative. The multi-modular, scalable architecture will allow us to easily plug and play different partner APIs and create an ecosystem where in addition to banking facilities, we are also able to offer value added services based on consumer interest.

From 9 Crore customers to 50 Crore beneficiaries, we believe through our distribution strength and the banking solutions from SBM Bank, we can together realize the dream of bridging the digital gap and making essential services available for all. PayNearby will transition India from assisted service to self-service nation by upgrading and reskilling our partners. We are geared to actualize this goal through our trained, tooled and tested retail partners on ground. The measure of success comes from enabling customers with what they want at a time, place or mode of their choice.

In a research conducted by Nearby Technologies, it has been observed that consumers of all genres have shown their preference for simple to use banking interfaces and are willing to adapt to new technology and services if presented accordingly. Upgrading cash into digital currency will bring about large-scale adoption of commercial digital products in this country.

Adding his views, Neeraj Sinha, Head, Consumer & Retail Banking, SBM Bank (India), said

We believe a new age banking experience is built on empowering and partnering with best-in-class players who can help us solve key challenges, in our pursuit to take a superior banking experience across key markets. We are elated to partner with Nearby Technologies – a new age fintech company and together, we shall take a superior and customized banking experience to the people who need it the most.

PayNearby, powered by SBM Bank (India) will offer all the banking solutions – ranging from account opening, banking transactions, final product sales, AEPS. Also, all payment transactions and relationship management can be executed at the outlets using the digital app or through assisted banking feature.

About Nearby Technologies Pvt. Ltd

Incepted in April 2016, Nearby Technologies is a fintech company offering financial/non-financial services to the underbanked and unbanked segment. Nearby Technologies works on a B2B2C model through its various brands – PayNearby, InsureNearby, BuyNearby and few more. PayNearby empowers retailers at the first mile to offer digital services to local communities, thereby boosting financial inclusion in India. Retailer services are focussed on Aadhaar based banking services, Domestic Remittances, Bill Payments, Card Payments, and insurance services among others.

It was founded by Anand Kumar Bajaj, Subhash Kumar, Yashwant Lodha & Rajesh Jha who bring with them rich experience in banking, payments and financial sector. A DIPP-certified FinTech startup, has partnered with various financial institutions including YES Bank, RBL Bank, ICICI Bank, State Bank of India, Axis Bank, CC Avenue, Bill Desk, NPCI, FASTag, NBFC and FMCG companies. It is the sole technology provider using Aadhaar Enabled Payment Services [AEPS] and IMPS to YES Bank, making them one of the only two fintech companies hosted by the National Payments Corporation of India [NCPI].

|In: Funding|Last Updated: | 0 Comments

The Chennai Angels [TCA] announced an investment of $1 million in Chai Kings – Chennai’s largest Chai Retail chain along with Hyderabad Angels and TiE India Angels, who have also participated in this round.

Piyush Bhandari who lead the investment from TCA, said

We are very excited to partner with Chai Kings in the bridge round. We believe the company has a strong leadership team with immense potential to grow and expand across India. The new investment reiterates our commitment towards building a sustainable and scalable Indian QSR.

Jahabar Sadique, CEO of Chai Kings, said

We are happy with the success and progress of our brand ‘Chai Kings’ in Chennai and this funding round will help us expand into newer cities. We hope to enter Coimbatore, Bangalore and Hyderabad in this current year and get closer to our target of 100 stores in 5 years. Apart from expansions, bulk of this funding will be utilized to strengthen our operations and supply chain management.

Chai Kings, founded in 2016 is the Chennai’s largest Chai Retail chain operating with 40 stores. Chai Kings offers a sumptuous range of chai in exotic flavours, in the most hygienic ambience and at perfectly justifiable prices. Chai Kings also delivers Chai at your doorstep anywhere in Chennai, uses food grade use-and-throw heat retaining chai flask for safe consumption also ensuring the Chai is piping hot for at least an hour. With the vision to be the favourite chai place across India, Chai Kings is expanding rapidly with the target of 100 stores in 5 years.

The Chennai Angels is one of India’s most active angel investing groups. Founded in the year 2007, it is comprised of successful entrepreneurs and business leaders with a track record of starting and scaling large enterprises. Additionally, several seed and venture capital firms hold institutional membership in the group. Though it is located in Chennai, TCA’s investing members and portfolio investments are not limited by geography.

Unusually for an angel investing group, TCA has a diversified portfolio that goes well beyond a restrictive tech focus, reflecting the diversity of its members’ interests. TCA portfolio companies benefit from the collective expertise and rolodex of its members.

|In: Technology|Last Updated: | 0 Comments

The home automation market is growing at an unprecedented pace, especially in the urban parts of India. Many well-known real-estate developers are now providing homes to its customers with cutting-edge technologies being the core USP [Unique Selling Point]. The demand for smart-homes is largely being driven by the increased concerns about safety, privacy & security in the urban parts in India.

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As per a report titled ‘India Home Automation Market by Product Type, Technology, and End-User: Opportunity Analysis and Industry Forecast, 2019-2026’, the Indian home-automation market is expected to reach $13,574.1 million by 2026, growing at a CAGR of 29.8% during the period 2019~2016 [Source].

Growing mobile internet penetration, competition between different ISPs [Internet Service Providers], growing disposable income, improved lifestyle, and increased awareness about the advantages of home automation are some of the major drivers behind the growth of home automation in India. Smart lighting systems, smart bulbs, smart cameras, and other avenues related to smart-homes are expected to fuel the growth of the segment.

For the young generation, smart homes are no longer a differentiated offering but essential components of the dwelling specifications. When it comes to converting an existing home into a smart home, there are a lot of doubts in the minds of the users. Some of the pertinent questions are:

  • Will there be any re-wiring for fitting the smart-home essentials?
  • What if there is no internet connectivity? Can I fall-back to the older system for operating the connected devices?
  • What will be the AMC [Annual Maintenance Contract] charges?

Easy Homes by Schneider Electric

Keeping these and a number of other questions that arise in the mind of the customers,  Schneider Electric, the global leader in digital transformation of energy management and automation announced the launch of Easy Homes – one of their innovations in the Smart Home space in December 2019. There were a number of technology bloggers and tech journalists present at the launch event in Bengaluru.

I could not blog about the event in December due to personal & professional commitments after I moved into full-time writing in the month of November 2019. To maintain the same motivation in blogging is one of my new year resolutions of 2020 :). Let’s get back to the launch by Schneider Electric.

Easy Homes by Schneider Electric is one of their innovations in the Smart Home space. Bringing IoT to power homes, Schneider Electric’s Easy Homes empowers customers to manage power in their homes through a single app.

Easy Homes – The ‘Smart’ Integration

With four interfaces, it can be operated by everyone through Alexa or Google Home, smartphone, remote and switches to control power usage in the house. Designed to meet the unique requirements of everyone, it converts homes into a smart home, turning every switch and appliance into a connected device.

While most of the smart home solutions are designed to be installed in new homes, existing homes and retrofit projects need to be made smart. Schneider Electric believes that it is imperative to design smart home solutions for Indian customers comprising families with people across generations – from millennials to parents and grandparents.

Srinivas Shanbhogue, Vice President, Retail Business, Schneider Electric India

Speaking about the solution, Srinivas Shanbhogue, Vice President, Retail Business, Schneider Electric India, said

At Schneider Electric, we are committed to providing ease of access to the new age customers through energy-efficient smart home solutions. Apart from ensuring energy efficiency, smart home solutions should be easy to install and operate thereby making life easy for individuals navigating small struggles of managing electricity touchpoints in the home seamlessly. We understand that the #StruggleIsReal and with Easy Homes, we hope to address these.

With the IoT taking over the lives, automation has made lives simpler and homes smarter. Smart homes are the base of smart cities and à more efficient lifestyle. Connected home technology is designed to automate functions and bring to individuals control over their property.

Smart homes make lifestyle easy with its smart features like

  • Easy to install
  • Easy on pocket
  • Easy to Operate
  • Converts houses into smart home without disruption of existing wiring
  • Allows connectivity through 4 interfaces – Voice, App, Remote and the existing switches work too
  • 24*7 helpline to help troubleshoot issues
  • Easy to buy, through an online eShop
  • Can be customized to individual needs

Schneider Electric’s Easy Homes is for every home – existing, old, and new.

A number of questions about efficient handling of voltage fluctuations, wiring, AMC and durability, and more were patiently answered by the Schneider Electric team.

Easy Homes – Pricing

Starting at Rs. 28,998, Easy Homes is affordable and can be installed without changing the existing electrical setup, upgrading homes in just about four hours. Further, in case of any challenges, a local electrician is available 24*7 to troubleshoot the device, thereby easing the overall maintenance process.

Easy Homes – Where to Buy

It is easy to buy Easy Homes from Schneider Electric and one can purchase the product in just three simple steps on the website.

Wrapping it up

There are already a number of devices like smart bulbs, smart fans, etc. available in the market which are preferred by DIY [Do It Yourself] enthusiasts. However, there is no single-point contact to isolate & solve problems in case the device falters or stops working. The advantage of Easy Homes is that it comes from a reputed brand like Schneider and their platform acts as a single-point contact for all your smart home needs.

Easy Homes addresses to the entire spectrum of consumers who aim to convert their normal homes into smart-homes without much hassles or getting into the technicalities of the technology.

|In: Technology|Last Updated: | 0 Comments

With digital transformation gaining traction and the acceleration of next-gen technologies such as Blockchain, Artificial Intelligence [AI], Machine Learning [ML] and others, organisations are becoming future-ready.

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The Indian IT industry will be marching at a greater pace than ever towards Industry 4.0 by adhering to future technologies through digital transformation. Gartner estimates that IT spending in India will total $94 billion in 2020, an increase of 6.6% compared to the current levels.

Here are some of the top technology trends to watch out for in 2020

Intelligent Automation [RPA and AI] – moving to a collaborative model

As cognitive technology deployments mature, value-centric activities will gain mindshare in the future. Combining cognitive technologies would allow bots to work in more complex scenarios that would typically require human judgment or decision making.

The investment of global enterprises in Intelligent Automation [IA] is on the rise with BFSI, retail and consumer packaged goods [CPG] being the key driving sectors.

While ML, predictive analytics and autonomics are moving up the maturity curve, AI-enabled chatbots and virtual assistants are already being used widely. Gartner predicts that 25% of customer service operations will be using virtual customer assistants by 2020.

24/7/365 business processing with seamless automation is feasible with an AI-enabled ERP. Integrating ERP with RPA technology can replace mundane and repetitive processes with nimble and agile process automation to achieve quick ROI. As per estimates, 40% of RPA adopters moving beyond experimentation with AI-enabled processes.

Hybrid Cloud Computing – adoption moving to newer areas

Global cloud computing spending is predicted to almost double by 2022. Hybrid cloud adoption saw a big rise in recent years, with an expected CAGR of 17%. The security features on cloud have become promising and it is becoming a priority to safeguard and protect application data and infrastructure.

High cloud adoption is observed in finance and accounting, supply chain and logistics, and IT management. The emerging areas are customer management, marketing, procurement and manufacturing and operations. On demand scalability and optimal utilization as per demands can facilitate cost savings by migrating to an ERP on cloud.

Internet of Things – moving to cloud-edge architecture

Investments in IoT technology services is growing faster than that in IoT products. Cloud service providers, analytics and infrastructure providers are driving the IoT solutions market. As a technological shift, IoT is moving from a centralized to a cloud-edge architecture and moving away from conventional processor chip enabling new edge architecture.

In the Indian market, 20 billion devices are to be connected to IoT by 2021. IoT is growing at a rapid pace and its adoption is spreading into various industries such as telecom, healthcare, retail, automobiles, manufacturing, supply chain, and service operations. However, security remains as one of the barriers.

Industrial IoT [IIoT] opportunity is set to surpass consumer internet by 2020. IIoT enables seamless dataflow across systems/applications/equipment and ERP for centralized monitoring, management and control centre.

Blockchain – moving to a business case centric model

Globally and in India blockchain has progressed to different levels of maturity, and in India, it is looking promising. The government is the most critical stakeholder and enabler of blockchain; while BFSI leads adoption in India.

Currently, 40+ blockchain initiatives are being executed by the public sector in India. At nearly 50%, BFSI has the maximum production level implementations in India. Logistics, retail, and manufacturing account for nearly 25% of blockchain implementations.

Blockchain is transforming from the experimental model to a business case centric model, which will result in more projects moving to the production phase where over 70% of implementations will deliver cost savings or operational efficiencies.

Integration of finance and supply chain domain with blockchain using industry-specific blockchain scenarios will be facilitated by modern ERPs. Blockchain enhances the existing benefits of ERP system to another level.

Industrial Robotics – a strong use case in ERP

Automotive is one of the leading verticals for industrial robotics and recently demand has been driven by tier 1/ tier 2 suppliers. Original Equipment Manufacturers (OEMs) are pushing suppliers to invest in robotics to ensure better quality and faster production. Collaborative robots [Co-Bots] allow sharing heavy payloads and improve cycle times achieving an optimal degree of automation.

Strong growth of the e-commerce industry in India and of logistics subsequently has pushed automation to keep up with high throughput requirements. ERP could not be better automated without robotics forming part of most manufacturing automations.

About the Author

Mr. Padmanabhan Iyer is the Managing Director and Global CEO of 3i Infotech. You can find more information about him here.

|In: Finance|Last Updated: | 0 Comments

From India’s first electric sport-bike to some advanced looking electric scooters, the two-wheeler industry is ready to introduce a long list of electric vehicles in 2020. In fact, popular manufacturers like TVS Motor Company, Bajaj Auto and Hero MotoCorp are all preparing themselves for their wide range of electric two-wheelers.

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But more than the two-wheeler industry, insurance companies are working on their two wheeler insurance so that you don’t get any hurdle while buying or after-buying a vehicle. Here look at some exciting electric two-wheeler that will be launched in India by 2020.

Bajaj Urbanite

Bajaj Auto might have given upon their ability of manufacturing scooters a long time ago, but now the company is set to witness some customers through their launch of Urbanite vertical. It would be the first electric scooter of the company. Till date, you will get only a few fuzzy spy shots, but it’s fixed that Bajaj will launch its first electric scooter under Urbanite brand name.

Revolt RV 400

Revolt RV 400, the first electric motorcycle of Revolt Intellicorp’s claims to be the first motorcycle with artificial intelligence. This two-wheeler lays a claimed range of 156 km on a single charge and a top speed of 85 km per hour, the Revolt RV 400 happens to be presented with many unique features that include a swapping network and dedicated battery charging.

TVS Creon

The TVS Creon electric scooter will be represented as a concept at the last Auto Expo. With a best and sharp attractive design, the Creon will be the best looking two-wheeler at the Auto Expo. TVS says that it will be a performance-oriented electric scooter that will have a range of 80 km on a single acceleration and charge starting from 0 to 60 km per hour in 5.1 seconds.

Hero Duet-E

In 2016 Auto Exp, the Hero Duet-E was showcased as a concept. But, there is no doubt to say that Hero MotoCorp is currently working on a variety of two-wheelers. Recently, Hero MotoCorp chairman Pawan Munjal has confirmed on the news that the company is working on a wide range of electric vehicles and development is underway. The Hero Duet-E would be the first production of an electric scooter from Hero.

Honda Activa 6G

Honda is going to introduce the new Activa 6G in 2020. The upcoming scooter is expected to get an advanced design that will include full-LED headlamp, redesigned body panels and restyled front apron with side turn indicators. On the mechanical terms, the new Activa 6G features a new telescopic suspension and disc brake at the front as an additional option.

These were few two-wheelers that are going to be launched in 2020. But before you get into it, just make sure that you have bike insurance as it will save you from every mishap. This time the Indian market will get a variety of two-wheelers that will attract the eye-balls of many customers in early 2020.