Savorworks Coffee & Chocolate Launches in Greater Kailash II, Delhi, Offering Premium Delights
New Delhi, January 2025 – Savorworks Coffee & Chocolate, a trailblazing brand that reimagines coffee and chocolate, is proud to announce the grand opening of its flagship cafe in the heart of Greater Kailash II, New Delhi. Founded by the passionate couple Baninder Singh, an Entrepreneur and Paweena Withyasathien, Originally from Bangkok. Savorworks promises an immersive sensory experience that blends artisanal craftsmanship, innovative flavors, and an unwavering commitment to quality.
Coffee & Chocolate Reimagined: Savorworks began in 2020, born out of Baninder Singh’s vision to redefine India’s coffee culture. Frustrated by the lack of exceptional coffee options, Singh imported a Giesen roaster from the Netherlands and, during the lockdown, began hand-delivering freshly roasted coffee to enthusiasts across the country. Partnering with his wife, Paweena, an architect turned chocolatier, the duo expanded their offerings to include artisanal chocolates that challenge conventional boundaries.
Today, their shared passion has culminated in the New Flagship cafe of coffee and chocolate — a space where Professional techniques meet innovation to create a truly unforgettable culinary experience.
A Destination for the Discerning: Designed for customers who value high-quality, artisanal products, Savorworks is more than a cafe—it’s a journey through flavor and craftsmanship. Whether it’s the vibrant “Fruits Bomb” coffee or the award-winning 72% Gin & Tonic Dark Chocolate, every offering reflects a commitment to excellence.
Savorworks invites you to experience a unique fusion of western and modern Thai Cuisine. Each reimagined classic is enhanced by subtle noted of coffee and chocolate, creating a dining experience that will surprise your palate.’’ Our Highlight of the menu is – Chocolate Herb Grilled Chicken it is marinated and infused with dark chocolate and herbs, served on tossed spinach with signature dark chocolate chili vinaigrette.
Its Signature highlights also include:
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Personalized Experiences: Tailored coffee brews and chocolate recommendations to suit individual tastes.
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Immersive Atmosphere: A warm, inviting cafe design that inspires creativity and comfort.
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Interactive Engagement: Open Chocolate workshop offering a glimpse into the artistry behind the scenes and 3 types of chocolate tabs for tasting to explore your taste.
A Brand Built on Values: At the heart of Savorworks lies a set of core values that resonate through every product and experience:
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Quality: A relentless focus on sourcing and crafting the finest ingredients.
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Artisanal Craftsmanship: Professional practices paired with cutting-edge innovation.
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Community: Building a vibrant network of coffee and chocolate lovers.
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Empowering Farmers Through Direct Trade Relationships: Building direct trade relationships with farmers fosters stronger connections and ensures fair and sustainable practices.
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Reimagination: Constantly innovating to surprise and delight.
“Our mission is to redefine how people experience coffee and chocolate,” shares Baninder Singh, certified professional coffee Roaster and Co- Founder – Savorworks Coffee and Chocolate. “We believe in creating not just products but moments that connect with the soul and elevate the ordinary to the extraordinary ” shares Paweena Withyasathien, Head chocolatier and Co- Founder – Savorworks Coffee and Chocolate.
AP Dhillon Graces Paris Men’s Fashion Week, Stuns at Pharrell Williams’ Louis Vuitton Show
In a monumental fusion of haute couture, music, and cultural integration, acclaimed Punjabi music phenomenon AP Dhillon joined an elite roster of global celebrities as Pharrell Williams headlined the official launch of Paris Men’s Fashion Week on Tuesday night with his highly anticipated Louis Vuitton Men’s Fall/Winter 2025-26 show.
This historic appearance marked the first time an India-born Punjabi music artist attended Paris Men’s Fashion Week, further cementing the luxury house’s commitment to cultural diversity under Williams’ creative direction.
The show, which marks Nigo’s return to Louis Vuitton following his celebrated 2020 capsule collection with the late Virgil Abloh, drew an exceptional array of cultural luminaries, including Jackson Wang, Bam Bam, Victor Wembanyama, Leon Marchand, BTS’s J-Hope, AP Dhillon, Travis Scott, Future Pluto Hendricks, Don Toliver, Pusha T, Big Smoke, Boozy, Sabrina Elba, Idris Elba, Bradley Cooper, ASAP Nast, Aron Pierre, Adrien Brody, J Balvin, Dylan Wang, Slick Rick the Ruler, and Tyshawn Jones. These attendees, representing a wide range of artistic and cultural influences, contributed to a night that celebrated global diversity and creativity.
Dhillon, representing a new wave of South Asian influence in luxury fashion, commanded attention in a meticulously crafted Louis Vuitton ensemble — a masterful blend of streetwear aesthetics and traditional Louis Vuitton luxury, featuring innovative interpretations of the house’s iconic design aesthetics. The singer-songwriter, rapper, and record producer wore an elevated workwear blouson, crafted from silk-wool double-face fabric layered over Japanese denim skate jeans in a versatile light blue wash, paired with the signature LV Checker range of military-inspired boots. The look highlighted the marriage of streetwear utility with traditional luxury that has become Williams’ hallmark.
AP Dhillon, who made his debut at the fashion week, shared: “Being present at this intersection of culture and luxury, especially in a space as iconic as the Louvre, represents a pivotal moment not just for me, but for the entire creative community. Pharrell’s vision for Louis Vuitton embraces authentic multiculturalism, and I’m honored to be part of this narrative that’s reshaping the fashion landscape.”
The show, which transformed the Louvre into an unprecedented fashion spectacle, continues Williams’ tradition of utilizing Paris’s most prestigious landmarks as backdrops for his collections, following his previous presentations at the Pont Neuf, Jardin d’Acclimatation, and UNESCO headquarters.
Dhillon’s presence at this landmark show, alongside the collaboration between Williams and streetwear pioneer Nigo, underscores Louis Vuitton’s commitment to bridging diverse cultural influences in contemporary luxury fashion and popularizing streetwear’s visibility in high fashion.
Uno Minda Highlights Future-Forward Innovations at Auto Expo 2025 Under PACE Megatrend
New Delhi, January 22, 2025: Uno Minda, a pioneer in driving technological advancements in the automotive sector, made a resounding impact at the 4-day Auto Expo Components Show hosted by Bharat Mobility at Yashobhoomi. The company showcased its latest innovations aligned with the megatrends of Personalized, Autonomous, Connected, and Electric (PACE) mobility, solidifying its position as a leader in future-ready automotive solutions. Uno Minda displayed their products and concept vehicles at their pavilion spread across 800 meters, one of the largest at this year’s Auto Expo Components Show and received overwhelming response from the customers.
Driven by its tagline, ‘Driving the New’, Uno Minda has collaborated with global technology leaders, to bring world-class solutions to India under the ‘Make in India for the World’ initiative. Following mobility solutions were showcased:
- Advanced Lighting Solutions: Connected pixel-based digital tail lamps, OLED lamps, adaptive lighting, and more.
- Personalized and Smart Innovations: Augmented reality heads-up displays, Capsense switches, AVAS, ADAS, and vehicle control units, Software defined vehicles controls.
- Electrification Solutions: A dedicated Green Mobility Zone featuring three technology demonstrators—TD125 (electric skateboard), TD425 (electric buck), and TD225 (electric bike)—highlighting cutting-edge product portfolio for e-2W, e-3W, and e-4W specific solutions.
Uno Minda also unveiled state-of-the-art products like highly integrated e-axles, advanced range extenders, intelligent battery management systems, dual charging capabilities and seamless Connectivity, all designed to redefine the electric mobility experience.
Uno Minda also elevated personalization with advanced lighting solutions such as Panolamp Ambient Lighting to set the mood, gesture controls for intuitive interaction, and capacitive switches for 2W and 4W vehicles. Safety takes center stage with cornering bending lamps, adaptive braking, blind spot detection, lane change warnings, and cruise control—ensuring a safer, smarter driving experience.
With its focus over R&D, Uno Minda continues to spearhead innovation, enhancing safety, personalization, and connectivity in the automotive space. From gesture controls to adaptive braking systems, the company’s solutions aim to create immersive, safe, and sustainable driving experiences.
O3 Plus Launches Ideal Hydration Daily Moisturising Cream for All-Day Skin Care
O3+ introduces its latest skincare essential this winter – the O3+ Ideal Hydration Daily Moisturising Cream. Designed for all skin types, the cream provides long-lasting moisture, ensuring your skin feels soft, smooth, and refreshed throughout the day.
Its gentle yet effective formula is enriched with powerhouse ingredients Butylene Glycol, a moisture magnet that draws hydration into the skin, Capryl Triglyceride, a natural emollient that smooths and nourishes, and Dimethicone, that forms a protective barrier, locking in essential moisture.
Whether you’re combating the drying effects of winter or maintaining your skin’s balance year-round, this versatile cream is your go-to for hydrated and healthy-looking skin. Suitable for both men and women, the O3+ Ideal Hydration Daily Moisturising Cream redefines your daily skincare routine with its gentle, effective, and skin-loving formula.
Knauf India Names Vijay Mishra as Commercial Director to Lead Market Expansion
India, 22nd January 2025: Knauf, World’s No. 1 company in Drywall & Ceiling Solutions, has appointed Mr. Vijay Mishra as its Commercial Director for India operations. With over 23 years of extensive experience in sales, marketing, and business development, Mr. Mishra brings a wealth of expertise and leadership that will propel Knauf India into a new era of growth and innovation.
Prior to joining Knauf India, Mr. Mishra held key roles at various reputed brands, like, H & R JOHNSON, RAK Ceramics, Kajaria Ceramics Limited, Saint – Gobain India Pvt Ltd and Century Plyboards, where he demonstrated exceptional leadership in strategic planning, market expansion, and establishing robust distribution networks. Known for his out-of-the-box thinking and ability to drive revenue growth, Mr. Mishra has successfully explored new markets, introduced innovative product categories, and streamlined business operations to enhance profitability and efficiency.
In his new role as Commercial Director, Mr. Mishra will oversee Knauf India’s strategic commercial initiatives, focusing on expanding the company’s footprint in the Indian market and solidifying its position as a leader in the building materials industry. His responsibilities will include driving revenue growth, strengthening client relationships, and enhancing distribution networks while ensuring that Knauf India continues to deliver unparalleled quality and value to its customers.
Expressing his excitement for his new role, Mr. Vijay Mishra said, “I am thrilled to join Knauf India, a company that embodies excellence, innovation, and customer-centricity. My goal is to leverage my experience to build strong partnerships, drive growth, and deliver exceptional value to our customers. I look forward to working with a talented team to further strengthen Knauf’s position in the Indian market and beyond.”
Mr Sumit Bidani, CEO of Knauf India, shared his confidence in Mr. Mishra’s appointment, stating, “Vijay’s extensive experience and strategic vision make him the perfect choice to lead our commercial operations. His expertise in business development and market expansion aligns with Knauf’s long-term goals of achieving sustained growth and delivering exceptional solutions to our customers. We are confident that Vijay’s leadership will drive our company to new heights.”
Under Mr. Mishra’s guidance, Knauf India is committed to exploring new opportunities, introducing innovative products, and enhancing its operational efficiency to meet the evolving demands of the construction industry. This appointment is a significant milestone in Knauf India’s journey to becoming a market leader, underscoring the company’s dedication to excellence, innovation, and customer satisfaction.
With Mr. Mishra at the helm, Knauf India is poised to achieve greater market penetration, expand its reach, and deliver on its promise of providing world-class building solutions tailored to the unique needs of the Indian market.
Tajurba Organizes Comprehensive SME to IPO Workshop at Hotel Crowne Plaza, Okhla
New Delhi, January 22, 2025 – Tajurba, India’s leading business networking platform for SMEs, successfully organized a full–day workshop on the topic “SME to IPO” at Hotel Crowne Plaza, Okhla. The event witnessed an overwhelming response, with over 200 SME business owners from across India attending to explore the potential of taking their businesses public through SME IPOs.
The workshop was conducted by Suresh Mansharamani, India’s top SME IPO coach, celebrated for his unparalleled expertise in guiding small and medium-sized enterprises on the path to growth, fund-raising, and stock market listing.
During the session, Suresh Mansharamani shared deep insights on every critical aspect of the IPO journey, including:
• Fundraising Strategies
• Valuation Essentials
• Step-by-Step Process of Listing on the SME Exchange
He also stressed the importance of building a strong financial foundation for businesses aspiring to go public. “SMEs must ensure their books are clean, all compliances are strictly adhered to, and their balance sheets are healthy and transparent. These are essential prerequisites for a successful listing,” Mr. Suresh Mansharamani, co-founder of Tajurba Business Network emphasized.
The workshop provided attendees with actionable strategies and practical knowledge, empowering them to scale their businesses and unlock new opportunities through public listings.
Speaking about the workshop’s success, Tajurba’s co founder Uma Mansharamani said, “Our mission is to help SMEs scale up and achieve their true potential. This workshop is another step towards enabling business owners to realize their IPO dreams and become key contributors to India’s economic growth.”
Venus Remedies Strengthens European Market Presence with EU GMP Renewal from INFARMED
Chandigarh, January 22, 2025: Venus Remedies Limited (NSE: VENUSREM, BSE: 526953), a premier player in the global pharmaceutical industry, has announced the successful renewal of its European Good Manufacturing Practices (EU-GMP) certification by Infarmed, the National Authority of Medicines and Health Products in Portugal. This renewal, applicable to the company’s state-of-the-art manufacturing facility for Cephalosporin, Carbapenem, and Oncology (Liquid and Lyophilized Injectable) formulations, not only reaffirms Venus Remedies’ commitment to the highest European quality standards but also enhances its growth trajectory within and beyond the European Union.
The company, a market leader in the production of the broad-spectrum antibiotic meropenem, particularly in Italy, has expanded its reach across more than 15 European countries, including key markets like the UK and France. The Infarmed audit, focused on our rigorous quality control systems, validates our ongoing initiatives to deliver superior pharmaceutical products, capable of treating a broad range of severe and drug-resistant infections.
“Since our first EU GMP certification in 2007, we have not only maintained but strengthened our foothold in the European market. This latest certification renewal enables us to leverage our established presence and continue our expansion into new markets. We expect this to significantly contribute to our sales, with anticipated revenues of at least €14 million annually from Europe alone,” remarked Mr. Saransh Chaudhary, President of Global Critical Care, Venus Remedies, and CEO of Venus Medicine Research Centre.
With the antibiotics market in Europe projected to grow to USD 10.9 billion by 2023 and the oncology drugs market expected to reach USD 36.95 billion by 2025, Venus Remedies is poised for significant growth. The company’s extensive marketing authorizations across Europe reinforce its status as a trusted supplier of high-quality antibiotics and oncology treatments.
Aditi Chaudhary, President of International Business at Venus Remedies, emphasized the strategic importance of this renewal: “This EU-GMP certification is pivotal, ensuring that Venus Remedies continues to provide dependable and effective healthcare solutions across Europe. It positions us to expand our reach not just within the EU, but also into Rest of World (ROW) markets, capitalizing on emerging opportunities and fostering growth in regions that demand high-quality pharmaceutical products.”
By securing this critical certification, Venus Remedies not only consolidates its role as a key player in the European market but also sets the stage for accelerated global expansion, driving forward its mission to deliver high-quality healthcare solutions worldwide.
Venus Remedies has consistently strengthened its manufacturing capabilities and global exports, demonstrating a strong commitment to advancing high-quality and equitable healthcare. It is one of India’s largest manufacturers and exporters of meropenem—a critical broad-spectrum carbapenem antibiotic used primarily for treating severe or drug-resistant infections. With multiple marketing authorizations across Europe, Venus Remedies has solidified its position as a trusted partner in delivering high-quality antibiotics and oncology products. As the global leader in Italy and holding a significant market share across the EU, Venus Remedies continues to set benchmarks in the pharmaceutical industry, reinforcing its standing as a dependable and influential entity in the global healthcare landscape.
Tata AIA Life’s ‘Shubh Muhurat’ Aims to Turn Dream Weddings into Reality for Indian Families
Mumbai, 22 January 2025: Weddings in India are more than just ceremonies—they are grand celebrations of culture, love, and sharing happiness, marking one of the most significant milestones in a family’s life. At the same time, weddings have become a matter of social status, leading to the emergence of themes and destinations spreading over days and even weeks. As a result, ensuring adequate funds for the occasion requires meticulous financial planning, not just over a few months but over many years.
Historically, Indians have relied on gold, fixed deposits, and other community saving methods to prepare for wedding expenses. Investments in real estate and traditional savings schemes have also been common, offering stability and long-term value. However, these options often lack flexibility or the ability to grow wealth significantly over time.
Here is why life insurance solutions can provide a disciplined approach to goal-based savings. They combine wealth creation with financial security, ensuring the child’s wedding aspirations are fulfilled even in unforeseen circumstances.
A report by investment banking and capital market firm Jefferies highlights that India hosted over 80 lakh weddings in 2024, making the Indian wedding system the second largest globally, with an estimated spend of INR 10.7 lakh crore. On average, Indian weddings cost around INR 12.5 lakh—twice as much as the expenditure on education from preschool to graduation. Luxury weddings dominate the market, with expenses often rising above INR 1 crore.
Recognising the significance of weddings and their monetary impact on consumers, Tata AIA Life Insurance (Tata AIA), one of India’s leading life insurers, has introduced ‘Shubh Muhurat,’ an innovative life insurance solution. It features capital guarantee with equity exposure, certainty of benefits to the desired beneficiary, life cover, immediate death benefit, and more to help parents save for their child’s dream wedding and ensure the occasion becomes memorable for a lifetime.
Commenting on the launch, Venky Iyer, Managing Director & Chief Executive Officer, Tata AIA, said: “At Tata AIA Life, we endeavour to understand and address the unique needs of our consumers based on their life stages. Further, we understand the significance of weddings for parents. A marriage is not only a celebration of love and togetherness but also a testament to familial emotion and aspirations. Shubh Muhurat is intended to help families plan well in advance.”
“Also, we wanted to provide a solution that in the unforeseen event of the loss of life of the parent, the goal is protected. With Shubh Muhurat, we aim to help families confidently plan these joyous moments and ensure that they are taiyaar (prepared) to celebrate one of the most important milestones in their life.”
This solution is best suited for parents aged between 31 and 50 years, having children in the age group of 1 to 20 years. Investing in this solution early can give the parent long enough to accumulate the desired corpus for the child’s grand wedding.
Tailored Benefits of Shubh Muhurat
Shubh Muhurat is designed to make wedding planning a joyous, stress-free experience with the following unique benefits:
- Planning for the various wedding-related expenses: A wedding involves significant expenses spread across multiple stages—from booking venues, hosting ceremonies, expenditures on food and drinks, buying jewellery and wedding outfits, arranging accommodation for the guests, etc. Shubh Muhurta’s planned payouts ensure funds are available precisely when needed, allowing parents to focus on celebrating rather than arranging for money at the last minute.
- Capital Guarantee with Equity Exposure: The assurance that the premium paid will be protected provides parents financial security and peace of mind. Even if markets fluctuate, the guaranteed lump sum ensures that wedding plans remain on track, unaffected by market uncertainties.
- Long-Term Wealth Growth: Weddings often come with grand aspirations. Shubh Muhurat helps build a substantial corpus over time through market-linked investments. This ensures that the financial resources are adequate to meet even extravagant wedding dreams, such as destination venues or high-end arrangements, without compromising other life goals.
- Exclusive Protection under MWPA: By safeguarding the policy proceeds under the Married Women’s Property Act (MWPA), Shubh Muhurat ensures that the funds intended for the child’s marriage are legally protected and will only be available to the nominee regardless of external financial claims.
- Benefit Protection Rider: This rider provides unparalleled security:
- Immediate Death Benefit: In the unfortunate event of the insured’s demise, the family receives financial assistance to continue their life’s aspirations without disruption.
- Premium Waiver: Future premiums are waived, ensuring policy continuity without financial strain on the family.
- Maturity Benefit for Nominees: Even in the insured’s absence, the intended maturity benefit is paid, ensuring the child’s marriage goals are fulfilled.
Shubh Muhurat is part of the broader Shubh Solutions suite being introduced by Tata AIA, offering tailor-made life insurance products for every stage of life—from wealth creation in the early years to funding for child’s education to marriage, fulfilling aspirations and legacy planning during the golden years. It aligns beautifully with Tata AIA’s brand promise of empowering its consumers to be ‘Har Waqt Ke Liye Taiyaar.’
Recognising that every family’s aspirations are diverse and may be different from child’s wedding at a particular time, Tata AIA is simultaneously introducing the second offering in this series – Shubh Fortune.
Shubh Fortune is a comprehensive financial solution created to address diverse life milestones. Whether it is wealth creation in the early part of your career, planning for child’s education or fulfilling aspirations like buying a house, Shubh Fortune is designed to help individuals seamlessly navigate life’s major events.
Empowering Indian Families to Celebrate Without Compromise
With these innovative offerings, Tata AIA Life reinforces its dedication to helping Indian families plan and celebrate life’s most meaningful milestones. It reflects Tata AIA’s mission to create solutions that blend financial stability with cultural values, enabling families to cherish life’s special moments without financial strain.
BIG FM Launches Third Season of BIG Marathi Bioscope with Subodh Bhave, Celebrating Untold Marathi Cinema Tales
Maharashtra, 22nd January 2025: Celebrating the legacy of Marathi film industry, BIG FM, one of India’s leading radio networks, returns with its highly anticipated show BIG Marathi Bioscope with Subodh Bhave. Known for its intriguing narrative, fascinating trivia and nostalgic journeys through Marathi cinema, the show’s third season was officially launched at a press conference held in Pune with the acclaimed actor Subodh Bhave. With innovative themes and engaging elements, the new season will strengthen listeners’ connection to Marathi cinema while honoring its unique and timeless legacy. The show is all set to premiere on 27th January from 7 pm to 8 pm, Monday – Saturday in Pune and from 7 am to 10 am on Sundays in both Pune and Mumbai only on BIG FM.
Taking on the host’s mantle once again, the multi talented actor, writer, producer and director, Subodh Bhave, embodies the essence and brilliance of Marathi cinema. With his masterful storytelling, Subodh will guide audiences on a riveting journey celebrating the industry’s finest moments. Season 3 will introduce a captivating ‘Jodi Special’ theme, honoring iconic duos, from beloved on-screen pairs to creative collaborations like singer-composer, director-actor and lyricist-composer partnerships. Adding a personal touch, listeners can dedicate songs to their favorite stars, fostering a unique connection between fans and the legends they admire.
The third season of BIG Marathi Bioscope unfurls the magic of Marathi industry by exploring rare stories, offering insights into the lives of celebrities who have sparked positive societal change. This fusion of entertainment and meaningful storytelling makes the show a heartfelt tribute to Marathi cinema landscape, celebrating both culture and community.
Sharing his excitement, Subodh Bhave said, “I am thrilled to host another season of BIG Marathi Bioscope, especially after the incredible response from the audience for the past two seasons. For me, the true power of storytelling lies in its ability to create meaningful bonds and I’m grateful to BIG FM for providing a platform that nurtures this connection. This season brings fresh elements and I’m confident it will resonate even more profoundly with listeners, bringing them closer to the artists and stories they love.”
Sunil Kumaran, COO, BIG FM, added, “At BIG FM, we take pride on crafting content that connects with audiences on a personal level and BIG Marathi Bioscope with Subodh Bhave has been a true testament of these ethos. The tremendous success of the past two seasons reaffirms the deep connection Marathi cinema fans share with the show. With Subodh Bhave as the host, we are confident that the third season will set new benchmarks in audience engagement. We’re also immensely grateful to our sponsors for their unwavering support, which has been instrumental in shaping this journey.”
Promising an extraordinary experience, BIG Marathi Bioscope Season 3 with Subodh Bhave is sponsored by Lokmanya Multipurpose Co-op Society Ltd, co-powered by Deshpande Eye Hospital & Laser Centre, supported by Associate Sponsor Valentina Industries, in partnership with Indian Oil and Saam TV as telecast partner. The show will air across multiple cities, including Pune, Ahilyanagar, Chhatrapati Sambhaji Nagar, Solapur, Kolhapur and Nagpur, from Monday to Saturday, 7 pm to 8 pm. On Sundays, it will air from 7 am to 10 am in Pune, Mumbai, Goa, Indore and Nagpur and 8 am to 11 am in Ahilyanagar, Chhatrapati Sambhaji Nagar, Solapur and Kolhapur. The season will conclude with a grand finale in Pune, featuring iconic celebrity duos who have left an indelible mark on the Marathi film industry. The show is further amplified with extensive promotions across BIG FM’s on-air programming, social media channels and other digital platforms, ensuring a wider reach and engagement.
HDFC Life Announces Corporate Agency Tie-up With CARS24 Financial Services Pvt. Ltd.
Bengaluru, January 22, 2025: HDFC Life, one of India’s leading life insurers, has recently entered into a Corporate Agency tie–up with CARS24 Financial Services Pvt. Ltd.
CARS24 Financial Services Private Limited (“CARS24 Financial Services”) is a professionally managed Non-Banking Financial Company (“NBFC”) registered with the Reserve Bank of India and with IRDAI as an Insurance Corporate Agent. The Company is a part of CARS24 group and offers a variety of vehicle financing solutions to customers. INSURE24, a major milestone for CARS24, is set to transform the digital insurance landscape for India’s rapidly growing online consumer base.
This partnership will enable CARS24 Financial Services Pvt. Ltd. to distribute products of HDFC Life to existing and future customers of CARS24. The life insurance solutions of HDFC Life will be offered across the branches as well as the digital platforms of the partner. Both partners aim to work together with the objective of increasing the reach of life insurance across locations where CARS24 has a presence. This in turn would contribute towards the larger objective of ‘Insurance for all by 2047’.
HDFC Life, with 70 products (including individual and group products) and a claim settlement ratio of 99.50% and CARS24 with a strong presence of over 280 branches across the country look forward to a long and fruitful partnership that will play a significant role in financially securing more Indians.
Speaking on the partnership, Vineet Arora – Chief Business Officer, Distribution, Data & technology, HDFC Life, commented “We are pleased to partner with CARS24 Financial Services Pvt. Ltd. Their focus on innovation and technology complement our wide range of offerings and together we can reach out to a wider audience thereby providing them with life insurance solutions. We believe life insurance is a must-have for every individual with responsibilities. Financial security is the foundation stone to building a strong future for oneself and one’s family. This partnership with Cars24 Financial Services Pvt. Ltd. will further strengthen our efforts to reach out to individuals across the country and secure them, financially.”
Vikram Singh Pathania, Vice President of Consumer Finance at CARS24 and Head of INSURE24, expressed his enthusiasm about the partnership, saying, “We are delighted to join hands with HDFC Life to take our product offerings to the next level. HDFC Life‘s forward-thinking strategies, and profound understanding of the digital landscape, perfectly complement our mission to make insurance simple and accessible for all consumers.
HDFC Life‘s strengths in product innovation, digital expertise, and seamless technology integration will empower INSURE24 to effectively engage with today’s digitally-savvy consumers.”