India Press Releases

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Sonde Health Inks Multi-Year Partnership with Koye Pharmaceuticals

Sonde Health Inks Multi-Year Partnership with Koye Pharmaceuticals

Strategic partnership created to develop and license a new vocal biomarker detection and monitoring capability for COPD in India.

BOSTON — Sonde Health, a leading enterprise vocal biomarker company, has signed a multi-year agreement with Koye Pharmaceuticals, a specialty pharma organization focused on the Indian Pharmaceutical market, to develop a new vocal biomarker detection and monitoring capability for chronic obstructive pulmonary disease (COPD) in India. This deal represents Sonde’s first partnership with a pharmaceutical company.

As part of this arrangement, Koye will leverage Sonde’s vocal biomarker development (VBD) platform, expanding upon its already existing respiratory responsive vocal biomarker, to create an entirely novel vocal biomarker for COPD in India. This will allow Koye to develop solutions that help track and treat respiratory health in COPD patients using their voices.

“This collaboration marks a major milestone in Sonde Health’s growth and evolution, and we’re excited to take this step with Koye Pharmaceuticals,” David Liu, CEO of Sonde Health. “Partnering directly with pharmaceutical companies allows them to take a more targeted and engaging approach with prospective patients, aligning their needs with the most impactful therapeutics. While there’s no cure for COPD, this new vocal biomarker will allow physicians to better manage their patients’ symptoms using early monitoring and constant engagement to en sure those impacted by COPD get on the right treatment plans early and often.”

COPD, a chronic inflammatory lung disease that creates airflow blockage and makes it difficult to breathe, is the third leading cause of death worldwide – causing 3.23 million deaths in 2019, according to the World Health Organization – and the second highest cause of death and disability in adjusted life years (DALYs) in India after heart disease, per the University of Washington’s Global Burden of Disease study. As of 2018, India had 18% of the world’s population, but 32% of the COPD cases. COPD was responsible for 13% of all deaths in India. A worldwide study has estimated that India’s death rate from COPD during 2019 was 98 per 100,000 population, three times the American rate of 33 and the British rate of 31. According to the latest figures, India has an estimated 50 million people living with COPD.

“We have been keen on utilizing an accessible platform with digital biomarkers that will both aid physicians in identifying and understanding their patients’ conditions better and also make it easier for patients with chronic respiratory conditions to monitor their health in the least invasive way possible. This partnership with Sonde Health is exactly what we were looking for,” said Preetish Toraskar, Founder and Director at Koye Pharmaceuticals. “Not only is Sonde at the forefront of vocal biomarker technology, but their extensive experience in respiratory health will prove invaluable as we work to get this debilitating condition under control in India.”

Sonde Health has previously developed and commercialized vocal biomarker technology to detect and monitor respiratory impairment. In early 2022, the company partnered with GN Group, a leading global manufacturer of hearing instruments and audiological diagnostics equipment and headsets, to create vocal biomarker technology to detect Mild Cognitive Impairment.

Sonde Health and Koye Pharmaceuticals plan to explore developing more vocal biomarkers during their multi-year arrangement.

About Sonde Health

Sonde Health has developed an enterprise vocal biomarker platform that enables any company to either license respiratory or mental fitness monitoring product or create a novel vocal biomarker product. Sonde scales data collection, feature development, model creation and clinical validation in collaboration with its partners and customers. Leveraging over 1 million voice samples from 80,000+ individuals, Sonde uses advanced audio signal processing and machine learning to sense and analyze subtle vocal changes due to changes in a person’s physiology to provide key insights into health and well-being.

www.sondehealth.com

About Koye Pharmaceuticals

Koye Pharmaceuticals Pvt. Ltd. was founded in 2013 by two experienced professionals of the pharma industry, Mr. Preetish Toraskar and Mr. Ravindra Shenoy. Since its foundation, Koye has expanded its operations to run across the length and breadth of the country aided by their strong distribution network. Koye today has more than 1250+ qualified ambassadors who meet up with more than 100,000+ doctors across the country every month. The company which believes in pursuing ‘healthiness’ has a strong foothold in different therapeutic segments that include state-of-the-art products in Specialty Primary Care, Respiratory, Gynaecology, IVF and Cardio-Diabetic segments.

Announcement of Abhi Loans securing $4.5 million in funding

Announcement of Abhi Loans securing $4.5 million in funding

NBFC poised to help retail customers to get loans against mutual funds and shares within 24 hours.

Karnataka, India – Abhi Loans, a digital lender affording loans on mutual funds and shares across India, has today announced that it has raised $4.5 million in funding for its operations. The funding will be used by the brand to rapidly grow its customer base and expand operations.

The quick credit startup is disrupting the notion that loans against mutual funds/shares are just for high-net individuals, with the company availing financial solutions that cater to small unit share/MF holders. While mainstream banks provide a minimum of Rs 1 lakh for loans on shares, Abhi Loans provides loans starting from Rs 15,000 thus including small-time borrowers. This is in addition to a high LTV value of 65% and 75% for loans against shares and mutual funds respectively.

DIM Sparkle Fund, which has amassed a reputation for providing financial aid to revolutionary businesses in the fintech space, is the driving engine behind the funding. However, many other angel investors have joined hands to bring the sum to where it is now. Among them are SK Jain, Ashvin Chadha, and Niten Malhan, all of whom received credit and gratitude via an official company statement.

When quizzed on what the funding will help plug, founder Deepit Singh enthused. “First, we’d like to thank all our contributors. We’ll use part of the funds to expand our technology stack and grow our loan book. At the moment, we offer loans against securities on mass retail digitally, but we’re looking to grow our portfolio and diversify in the near future.”

DMI Sparkle Fund co-founder described his excitement at working with KNAB, also known as Abhi Loans. “Our ultimate dream is that we’ll provide financial solutions that cater to everyone from all walks of life across India. With this funding and partnership, we’re now closer than ever to financial inclusivity in our country,” Shivashish Chatterjee stated.

Mandeep Chaudhary, co-founder at Abhi Loans meanwhile rounded it all off by saying, “In these tough times, many people are turning to predatory lenders as they exhaust every cash avenue. Borrowers can find relief from stifling high-interest loans via the low-debt consolidation options we offer. Accessing cheap loans of Rs 15,000 from a Mutual Fund holding of Rs 20.000 at an LTV of 75%, ordinary Indians can enjoy greater financial liberty.”

Currently, Abhi Loans provides loans against marketable securities at 13% interest rates, with a promise of 24-hour disbursal, beating out banks and other NFBCs that traditionally take between 3 to 14 days for processing. The agency also provides loans to Low CIBIL Score customers, has no prepayment charges, and thrives by a fully digital service model where borrowers can complete loan applications online without in-person appearances.

“I Want To Be A Part Of Meaningful Films That Leave A Positive Impact On The Society”, Says Undertaker Actress Vanshika Gupta

“I Want To Be A Part Of Meaningful Films That Leave A Positive Impact On The Society”, Says Undertaker Actress Vanshika Gupta

Making a place for yourself in an industry, where mostly actors who come from a lineage get good opportunities, is quite difficult. However, Vanshika Gupta had decided that if there was anything she would do in her life, it would be acting. Born and raised in Shimla, Vanshika realized her calling for acting very early in life and started doing theatre from a very young age. She made her screen debut with the much-acclaimed feature film ‘Undertaker’ directed by director Vinod Pande.

In this interview, the talented actress talks about her journey as an artist, journey from Shimla to Mumbai, passion for acting, upcoming projects, and more.

You made your acting debut last year with the critically acclaimed film ‘Undertaker’. You received accolades for your performance both from the critics and the audience. How has life been for you after its release?

‘Undertaker’ gave me a lot of recognition as an actress. I remember a senior journalist telling me that even though it was my first film, I looked like a seasoned performer in it. Though most actresses prefer making their debut with a commercial film and dream of playing glamorous roles, I am glad I got the opportunity to work in a film that gave me the opportunity to prove my mettle as an actress. I learned a lot working with Vinod Pande who has several incredible films including ‘Sins’ (2005) that was distributed by Yash Raj Films.

Which was the biggest challenge involved in playing this particular character from ‘Undertaker’?

The character that I played in the film had a lot of emotional depth to it. I read the script multiple times to have a thorough understanding of what the character was feeling and trying to convey. I rehearsed each and every scene multiple times and worked very hard on the dialogues as well. The workshops we did before the film helped me get into the skin of my character.

When did you realize that you wanted to pursue acting as a profession?

I discovered my love from acting at a very young age. I used to love watching films as a child. I guess that’s when I first got attracted to this medium. While I was a good student, I ensured that I make enough time to do theatre and hone my skills as an actress. I graduated with a Bachelor of Commerce Degree from City Evening College Shimla. While I was in Shimla, I participated in numerous plays that went on to become very popular.

Which has been your most memorable stage performance?

I started my acting career with Gaiety Theatre in Shimla. The first play I acted in was called ‘Jeevan Dhara’. The play was received very well and I got a lot of appreciation for my performance in it. Some of the other notable plays I acted in were My Picture, Dr.Fostess, and Baaki Itihaas.

Apart from acting, is there something else you are passionate about?

I love to write poetry in Hindi. I feel being a writer has contributed to my growth as an artist. I want to keep exploring myself as a writer. Someday, I might write a script on my own.

Can you share something written by you?

I will share a few lines from a poem written by me –

“Sunti Nahi Bas Sawaal Karti Hai

Haal Jaan Ke Bhi Bada Behaal Karti hai

Taal Matol Karun Kese!?

 Har Waqt Itna Khyal Karti Hai

Khushi Se Khud Aag Mein Kudoo

Shmaa Ki Mehfil Ese Tiyaar Karti Hai

Dard Kahan Deti Hai Zindagi..!

Ye Garm Raakh Hai Ude To Kamaal Karti Hai”

What are you doing next?

After ‘Undertaker’, I have been getting a lot of offers. One of the projects that I had signed last year got delayed because of the Covid-19 situation. I have signed a very important project but I will let the makers announce it at the right time. I want to be a part of meaningful films that leave a positive impact on the society.

https://www.saajhacinema.com/?wix-vod-video-id=8e91bb65eb324f8582b8dbd63ee79a31&wix-vod-comp-id=comp-kuwotcwy

Mrs Universe South Korea 2022 gets its new winner, Amrita Tripathi, winning Mrs Universe Joy title

Mrs Universe South Korea 2022 gets its new winner, Amrita Tripathi, winning Mrs Universe Joy title

Indian females have been always been making a mark in Worldwide beauty pageants for a long. Beauty pageants not only celebrate women’s empowerment, but they are also a great platform for cross-cultural exchange. Mrs Univrse Joy in one such popular pageant. Mrs Universe Joy was organised in Seoul, South Korea.

Amrita Tripathi has made India proud by winning the coveted title of Mrs Universe Joy. Amrita left an indelible impression during the contest with her natural charm and dignified presence. Talking about her win, Amrita says, “I feel humbled to be bestowed upon with the title of Mrs Universe Joy. The title has certain positive energy associated with it and that makes me even happier. Maa Durga is my inspiration and I constantly had her in my thoughts during the competition. With this title, I also feel I have been given a big responsibility to carry upon my shoulders. I want to work diligently towards ensuring that more and more women get empowered and have the means to fulfil their dreams without any obstruction or fear.”

Amrita is no stranger to beauty pageant competitions. In the year 2021, she won the title of Mrs India. One of her most cherished memories during the South Korea trip is visiting the War Memorial with the other contestants. “At the Memorial, I got teary-eyed to see the Indian flag and all the tributes that had been given to those 670 Indian doctors who were sent to South Korea to treat wounded soldiers during the war that had broken out in the year 1950.”, she says.

In the National Costume Round, Amrita was seen wearing a gorgeous white-coloured dress that symbolized harmony, world peace and women empowerment. Her costume beautifully resembled the structure of a bird. On the wings of this intricately designed costume, one could see the lines “Give me wings, let me fly…..Believe in me, let me touch the sky” written. Amrita’s costume served as an expression of her thoughts and how she wished to use a global platform to spread an important message.

Among other things, Amrita has been lauded for the way she represented India on a global platform. She started her journey in the Mrs Universe Contest by wearing an intricately designed Saree from local weavers in Bhopal Kaarigari and Piharwa. During one of the rounds, she wore a traditional jacket with the image of a peacock on it, this beautiful dress which had a national emblem on it was created by none other than Mrs Sayali by Kaarigari. At every step during the competition, she made a conscious effort to bring the glory of Madhya Pradesh and India to the centre stage.

Elaborating further on her memorable journey during the contest, she says, “I had not imagined my Mrs Universe journey to be so beautiful. I got to learn a lot of things and experienced significant growth in me as a person. A bunch of incredible women, from different parts of the world, had come to South Korea to participate in the pageant. By talking to and spending time with each other, we learnt about the cultures and traditions of our countries. I told everyone how girls and women are treated as Devis or Goddesses in India. I invited each of them to come to India and experience its beauty and divinity. I got a standing ovation during one of the rounds when I shared this. That shall remain my most special memory from the contest.”

In the near future, Amrita plans to carry out initiatives to help several women in the country who have dreams in their eyes but haven’t found the right path to follow. She has been working actively on several social issues and hopes to tour across the country to listen to the issues faced by women on a ground level.

“AMAZE INC OPENS STATE OF THE ART PRODUCT DEVELOPMENT CENTRE IN BENGALURU”

“AMAZE INC OPENS STATE OF THE ART PRODUCT DEVELOPMENT CENTRE IN BENGALURU”

Amaze Inc is the leading product development company in Bengaluru, India specializes in providing the best IT solutions. Amaze serves many fortune 500 companies across the globe with its portfolio of SaaS-based products and solutions. Amaze Inc is committed to bringing the best solution coupled with the latest technology, ease of use, and customizable and analytics-driven platform to the global market. We provide services to business enterprises to create a strong impact in the online market.

Amaze Inc always give emphasis on providing the best employee culture and facilities in order to increase employee satisfaction so they get motivated about their work. Some of the facilities provided by Amaze Inc are as follows:

  • The New 100-seater facility is now functional and operational at the heart of the city, JP Nagar, Bengaluru
  • Dedicated Productive work areas
  • Collaborative environment
  • High-speed Internet facility to keep our employees up to speed with their work and connect with clients and colleagues
  • Meeting or discussion rooms are provided to the employees to come up with new or original ideas and strengthen teamwork
  • Secure facility with 24 hrs power backup
  • Recreational facility for team bonding
  • Lounge and work area for employees to maintain regular energy levels and to take small breaks between tasks
  • To create the right atmosphere, we have added some board games, a music system, and a coffee maker
  • Multi-level parking conserves a lot of space and parks vehicles securely

We have a unique culture of ownership, enthusiasm, and collaboration at Amaze. Creating a better world and impacting the lives of others are our core values. All of our team members are quick to brainstorm ideas and take ownership of tasks to make ideas happen. Our strong culture helps to bring benefits such as enhanced trust, cooperation, and more-efficient decision-making.

“Our ability to build a unified service network and strengthen our service skills in this area will be made possible by the new office. We are pleased to offer our employees a better and new workplace. Our mission is to offer the best IT services for business needs utilizing cutting-edge technology and a qualified and motivated team of staff in order to sustain the organization’s stability and growth to contribute to the IT industry. Our goal is to build long-term relationships with clients by consistently providing results that exceed their expectations.”

–  Kumar Anand, CEO of Amaze Group of Companies

Global Presence: India, USA, UAE, Singapore, Philippines & South Africa

Website: www.amazeincglobal.com

Instagram: https://www.instagram.com/amazeincindia

Linkedin: https://in.linkedin.com/company/amazeinc

How Small Loans Can Help Address Personal Problems

How Small Loans Can Help Address Personal Problems

The past couple of months have been financially difficult for Manish. As the family’s sole earner, he found it challenging to manage these expenses alone. From unpaid utility bills and home repair costs to his mother’s medical bills – the expenses were piling up, leaving him stressed about what he should do next.

That’s when he came across several emails from different lenders offering him a small personal loan. Manish knew a personal loan was a great option for major expenses. Upon going through the lender’s eligibility criteria, he also realised he could easily qualify for a loan. But he wondered if it could help him address his personal financial problems.

Small personal loans offer quick cash assistance without any restrictions to end-use. So whether Manish is looking to pay his mother’s medical expenses or catch up with the unpaid utility bills, he can avail the funds he needs through an instant loan.

Here’s how a small personal loan will help him manage his personal expenses.

  1. No restrictions to end use

A small personal loan will offer him affordable finance that can be used for various purposes. Unlike a home loan or a car loan which is used for a specific purpose, lenders won’t enquire about the purpose when sanctioning a personal loan. Here are the various personal uses for which he can take a small loan to ease his financial burden-

  • Emergency expenses

Since Manish needed funds to cover his personal and household expenses during a cash crunch, a small personal loan could help save the day. He can apply for a short-term loan online and pay his utility bills, finance a medical emergency, home or vehicle repair costs, and more.

  • Debt consolidation

A small loan is ideal for borrowers looking to consolidate their existing debts and simplify the payments. Manish can apply for a small personal loan to combine multiple debts and credit card payments into a single monthly payment. Moreover, small loans come with affordable interest rates, which makes repayment more manageable.

  • Home Remodel

Whether Manish wants to upgrade his kitchen for something more modern or finish necessary home repairs, a small loan will make this personal expense affordable by dividing the payments over a period.

  • Wedding expenses

Weddings can be a costly affair where the expenses can burn a hole through your savings. With a small loan, Manish can easily prepare for this major life event. From venue and decorations to catering and wedding outfits, a personal loan can help him manage all.

  1. Simple application process

In most cases, lenders offer a personal loan through a straightforward application process. Manish can secure a small loan online by visiting the lender’s website. Most lenders only ask for KYC documents (Aadhaar and PAN card) and a few income documents. Once verified, he can receive the funds instantly and handle his personal expenses seamlessly.

  1. Swift processing

With the rise in digital lending, loan approval and disbursal have become faster. Most lending institutions use data analytics and artificial intelligence to ascertain an applicant’s eligibility and creditworthiness and verify the documents before sanctioning the loan. This allows quick loan approval and swift processing. So he doesn’t have to wait longer to get funds for his personal and household needs.

  1. Flexible eligibility criteria

A small loan can be availed without worrying about extensive eligibility criteria. With a steady income source, a high credit score, and stable repayment history, the chances of loan approval are higher. Besides, most small personal loans are unsecured forms of credit, meaning Manish doesn’t have to offer any assets as collateral against the loan. Rest assured, he can address various personal financial requirements conveniently.

  1. Easy repayment

Whenever a financial emergency strikes, a small loan becomes an excellent option as it comes with competitive interest rates and flexible repayment tenure. The interest rate depends on various factors like the applicant’s income, employment, and creditworthiness and is lower than other types of loans in most cases. Additionally, he can choose a convenient repayment tenure of up to 6 years, depending upon his affordability.

This ensures that Manish can pay the EMIs hassle-free without straining his monthly expenses. Therefore, a small loan becomes ideal as it splits his big expenses into smaller EMIs, ensuring easy repayment.

Thus, a small loan will give Manish unparalleled financial convenience like no other. Whatever his personal needs are, he can quickly apply for a small personal loan with his preferred lender.

If you’re also looking for a convenient means to manage your personal expenses, just like Manish, visit Tata Capital’s website. With attractive interest rates, flexible loan tenure, and convenient repayment structure, they offer the most competitive loans in the market. Moreover, their small personal loan comes with zero prepayment charges.

So visit the website today to know more about their loan offerings.

EONMED Launches India’s First and affordable SMART CLINIC

EONMED Launches India’s First and affordable SMART CLINIC

EONMED Company launched its products on 21st August at India Habitat Center. EONMED is a health technology company that easily connects doctors to people. Prior to this, eonmed had also launched India’s first ICMR-approved saliva-based covid self-test kit. The product launch was hosted by the company’s co-founder and chief marketing officer, Rama Raman Mishra, as the guest of honor at the product launch of eonmed His Excellency Ashish Sharaf, Consulate of the Bahamas, Dr. VS Chauhan, Chairman, Prakash Hospital, Anand Chauhan, Chairman Amity Group and Pandit Shivakant Shastri ji, who is the Raj Purohit of the Government of Uttar Pradesh, were also present. EONMED showcased its 3 products at the product launch

The first product was EONMED DOCQR

By using EONMED DOCQR, people can connect to the doctor very easily, for this you do not need to install any other app, during the launch, co-founder.

During this, Harshvardhan Pandey and Rama Raman Mishra also told that all the tests can be done easily with their app.

The second product was the PHC kit

This is a customized box of medicine where people can get all their primary health care medicine, these medicines are designed keeping people in view of their health history, one year free doctor consultation is also available in this kit. The kit also provides a free virtual nurse through the app that reminds people to note their medications and vitals.

The third and best product was EONMED Smart Clinic

This is a 40 feet digital cabin where people can come and take digital consultation and the nurse present here tests people’s blood sugar, ECG, and other such parameters. Real-time body voice is heard on the doctor’s panel and the doctor can see and treat skin infections or nose and ear infections through the otoscope on his screen in real-time. This smart clinic is equipped with solar and wind power and can run smoothly even without an electricity source.

Co-Founder Harshvardhan Pandey Ji also told that this structure is military-grade strong and can withstand more wind at a speed of 120 km/h, due to which it can be installed in any corner of India!

This smart clinic gives test results for more than 51 different parameters in 15 minutes and all other types of blood and urine tests can also be done very easily through their partner GIAN Pathlabs.

After the product launch, the co-founder Rama Raman Mishra told that the company has also brought different business models to the market, which will also open many employment opportunities.

Harshvardhan Pandey said that it is the motto of the company that no one in the world should remain in the trouble of disease due to lack of treatment, our country should emerge as a world citation in the form of health care.

Peter Cox’s leadership dynamics process helps entrepreneurs globally achieve success

Peter Cox’s leadership dynamics process helps entrepreneurs globally achieve success

In India and elsewhere, one is witnessing rapid growth in the number of entrepreneurs. Many individuals across the world now have the courage to turn their unique ideas into a business venture. However, business or entrepreneurship is a field where you need guidance and mentoring at every step. This is where leadership experts like Peter Cox come into the picture.

Over 20 years ago, Peter launched his company Leadership Dynamics off the back of the success of his first business, to train entrepreneurs and provide them with the right guidance on how to lead people effectively so that they could achieve all that they wish to in their professional career. From building a new business team to nurturing it in a way that it grows at a steady pace, Peter has been helping entrepreneurs in different ways.

Elaborating on what drives him as a leadership expert, Peter says, “Good leadership equals a good culture. Bad leadership always produces a bad one every time. Your product is not your product, people are your real product. You need to ensure your people are thriving in the right culture before you’ll do anything great together.

You cannot put every entrepreneur in the same bracket. After analyzing the nature of their business and the ideas in their mind, I guide entrepreneurs towards realizing their true potential and achieving their short-term and long-term objectives by growing their leadership and the potential of their people.”

Although Leadership Dynamics was started in Australia, Peter has worked with entrepreneurs globally. Peter is now reaching out to Entrepreneurs in India with his Leadership Dynamics Process. Since Peter’s father was born in Mumbai in the year 1935, he has a special place in his heart for India and has travelled there many times for business and pleasure.

Talking about the same, he says, “I have interacted with a lot of Indian entrepreneurs and have been truly inspired by their ideas and endeavours. I admire the fact that many of the entrepreneurs, who have come from smaller towns and villages, have achieved enormous success despite limited resources at their disposal. In the last couple of years, some of the most innovative entrepreneurs in the world have emerged from India. I am keenly looking forward to introducing the wonderful entrepreneurs in India to our leadership and mentoring programs.”

While Peter has not yet made inroads in India, he has mentored a number of India-born entrepreneurs who live in Australia. Rejin Rajan and Darshan Chavan, two entrepreneurs of Indian origin who co-founded Get My Course, reached out to Peter in early 2020 and greatly benefitted from his guidance. They’re now on track to becoming one of the top 100 fastest-growing companies in Australia. Many other individuals and businesses in Australia and elsewhere have grown tremendously as entrepreneurs, helped by the mentorship provided to them by Peter.

“Our mission has always been ‘to build stronger leaders to live better lives’. Today, most entrepreneurs suffer from a great amount of stress. As you move forward in your journey as an entrepreneur, you must look after your health and make sure that you are happy and calm from within. It is important to give time to your family and look after their needs. Among other things, we teach entrepreneurs how to strike a fine balance between their personal and professional lives”, says Peter.

Peter has spent the last 34 years building culture and people in his first business which is now in 29 countries and boasts of a sales force of over 15,000. Some of the most successful SME or small-to-medium enterprises across the world credit their success to Peter and his company Leadership Dynamics. He has empowered entrepreneurs and helped them gain the confidence to run successful businesses. Now that he is all set to enter the Indian market, one can expect many more exciting things to happen. All the relevant details about Peter’s initiatives can be read on the website https://www.leadershipdynamics.com.au.

Winners across India: Keralite Won Rs.8,888 for the month of August 2022

Winners across India: Keralite Won Rs.8,888 for the month of August 2022

An Indian based in Kerala won Rs.8,888 for the month of August for the Sapane.in monthly campaign.

The campaign was launched during the mid-month of July 2022. Users had to purchase an eraser which costs Rs.25 and donate it. With every purchase, the user entered the draw to Win Rs.8,888, and on donating they received a second chance.

15th August 2022 marked their 13th Draw and the lucky winner’s name was announced during a live session streamed on their Facebook and Youtube Page. The winner of Rs.8,888 was coupon number – SAC0000000110000490, name – Hareeshma, when it was brought to her notice on a call made during the live session to congratulate her on winning the grand prize, she was shocked.

“ I never expected to Win! It’s truly my lucky day. I did it for the purpose of donation but never thought of winning the draw, wow this is really awesome”

– Hareeshma Sarath

To commemorate the occasion of Independence Day, they ran one more draw with the cash prize being Rs.75. A total of 11 winners were announced and are now part of the winning family.

Within a span of 11 months Sapane.in has a total of 26 winners who have won cash prizes and the latest gadgets all because of their generosity and realisation to help the less fortunate children in India.

Have you ever donated in the past? If yes, have you been rewarded for the same? If not this is your chance, Sapane.in is your platform to Shop, Donate and Win big.

Creating expectations for your donations.

Do visit our website www.sapane.in or download our app now available on the Google Playstore and App Store.

https://www.youtube.com/watch?v=5q068BfnxN8

FAQ

Q1) What Is Sapane.in?

Sapane.in is the bridge between your wants and the needs of the underprivileged children in India.

The website features two types of campaigns, one is a quantity-based campaign with a limited number of products for sale and once all products are sold, a date is announced and a live draw is held to announce the winner.

The second is a time-based campaign with unlimited products for sale and the draw is held every month.

Both the campaigns follow the same rule, purchase the product and you stand a chance to win cash prizes and luxury items. Donate your product and you receive a second chance to win.

Q2) Is Sapane.in mobile app available on Android and IOS?

Yes. Sapane is available on App Store and Google Play Store as well.

Q3) How do I set up my Sapane account?

Creating an account is simple. Kindly enter your Mobile Number and the One Time Password sent to you. Once done, your account shall be “Registered” on Sapane.in

Q4) Does Sapane.in accept UPI payments?

Sapane.in accepts all kinds of online payments. Customers can use the facilities such as net banking, debit or credit card, UPI, and Wallet payments.

Q5) Which NGOs is Sapane.in associated with?

Sapane.in is associated with Vivekanand Balakashram in Thane, Maharashtra, and Sr.Adorers Navajyothi in Mapusa, Goa.

Investment vs Savings – Key differences and when to choose

Investment vs Savings – Key differences and when to choose

Savings and investment are two different concepts that people usually misjudge. You need in-depth knowledge of both plans to see the difference between savings and investment. Wondering what is the difference between saving and investing?

Let’s first understand what each term means. Keep reading to know the details:

Investment

It refers to the asset or any valuable item acquired to generate income or appreciation. It refers to the process of using money or capital to buy the assets that can help you develop a safe and acceptable rate of return over time. Some investment options include stocks, bonds, mutual funds, derivatives, real estate, and anything that can produce income, usually in the form of interest or rents, among others.

Savings

Savings refers to the amount left after spending from the disposable income. It is the money you put aside for future use rather than spending immediately to meet short-term needs. Savings helps to keep you financially secure during uncertain, unpredictable times. Money can also be saved with the motive to purchase expensive items that are too costly to buy with monthly income.

Investment vs Savings

Now that you know what investment and savings mean, here is the difference between savings and investment.

Meaning

Investment is the process of using your money with the aim of making it grow in a specified time. While savings refers to putting money aside gradually, especially into a bank account, with the motive to stay financially secure during emergencies.

Purpose

Investment is specially made with the motive to provide returns and helps in capital formation. To fetch the best investment result, you must do thorough research before investing. At the same time, savings are made with the motive of fulfilling short-term and urgent requirements.

Risk

Savings is a risk-free plan with no risk associated with losing money. If you are a risk-averse individual and want to make your money grow and stay saved for uncertain times, you must always prefer saving. Whereas, at the same time, investment is a bit risky option. Therefore, it requires profound research to predict whether the investment will be fruitful or not–the more the risk, the higher chances of gaining a considerable amount. Thus, for risk lovers, investment is the best option.

Returns

Since investments are risky options; therefore, they even fetch comparatively higher returns to the investors compared to the savings return, which is either zero or significantly lower.

Liquidity

It’s challenging to fetch the cash from your asset instantly, or in case you need instant money. Therefore, the investments are less liquid. At the same time, savings are highly liquid since you will have cash ready in your hand to meet immediate requirements.

Below is the table to summarize the difference between savings and investment

Characteristics – Savings:

Account Type: Bank

Returns: Fixed returns

Risk: Risk-free option to save your money

Products: Savings accounts, CDs

Time Horizon: Includes a shorter tenure

Liquidity: Most liquid form

Characteristics – Investing:

Account Type: Demat account, ULIP plans

Returns: Comparatively higher returns

Risk: Risk-prone (invest based on your risk appetite)

Products: Stocks, bonds, mutual funds, assets, ULIPs

Time Horizon: Longer tenure, i.e., at least five years and above

Liquidity: Less liquid, as you need time to get cash in hand from the amount you have invested

Conclusion

Savings and investment both have their importance and the requirements dictate which way to go. You cannot randomly choose to go for savings or investments. You have to know the difference, understand the pros and cons and then take a decision. Now that you know the difference between savings and investment, you must make an informed decision regarding where you must invest your money. You can save for your emergency and invest for achieving long-term financial goals.

There are various plans from different insurance providers. For example, Kotak Life offers Savings and investment plans both. If you are looking for some, you can go for, Kotak e-Invest and Kotak Guaranteed Savings Plan.