GopartReports

Mumbai, June 16, 2023 - The Insurance Brokers Association of India (IBAI) concluded its Annual Broker's Meet, addressing growth strategies and challenges in the insurance broking sector. With the presence of Mr. Debasish Panda, Chairman of IRDAI, the event emphasized regulatory support for insurance brokers. The association aims to foster innovation, expand market reach, and achieve a 45% market share by 2030. Recognizing the need for insurance literacy, IBAI launched a nationwide campaign targeting 500,000 students to raise awareness about insurance types and financial protection. By equipping students with knowledge, IBAI aims to enhance financial resilience. The matured insurance broking business in India benefits from increased penetration, customized products, digital transformation, and a supportive regulatory framework. IBAI remains committed to promoting industry excellence and advocating for policyholders.

Largest order to date for electric buses by Delhi Transport Corporation Tata Motors will supply, operate and maintain 1500 air-conditioned, low-floor 12-metre electric buses Tata Starbus electric buses offer state-of-the-art technology and features designed for comfortable travel for passengers Tata Motors, India’s largest commercial vehicle manufacturer, today announced that it has bagged a prestigious order of   1500  electric buses from Delhi Transport Corporation (DTC) under the larger tender by Convergence Energy Services Limited. Tata Motors will supply, operate and maintain air-conditioned, low-floor, 12-metre fully built electric buses for 12 years, as per the contract. Tata Starbus electric buses offer state-of-the-art technology for sustainable, eco-friendly and economical public transportation and are equipped with modern features to enable safe, smooth and comfortable travel for passengers. Commenting on the occasion,  Mr. Neeraj Semwal, IAS, MD – Delhi Transpor

Tamil Nadu Startup and Innovation Mission (TANSIM / StartupTN) is inviting applications for TANSEED 4.0, the fourth edition of its flagship initiative Tamil Nadu Startup Seed Grant Fund (TANSEED). The seed grant fund provides financial support of upto Rs. 10 lakh each to early-stage startups. It is aimed at bridging the gap in fund  requirements of startups during their early stages. The Honourable Minister for Micro Small and Medium and Enterprises (MSME), Government of Tamil Nadu, Thiru. T.M. Anbarasan announced during the Department Demand Session in the assembly that this year 100 startups will benefit from TANSEED. The minister added that this year Rs. 10 crore has been earmarked for the  beneficiaries at Rs. 10 lakh each. Following the successful first three editions of TANSEED in the financial year 2021-22, StartupTN is launching TANSEED 4.0 as the first step towards reaching 100 startups under the scheme this year. Applications are invited online through the Startup

Panaji, Goa, India:   Goa-based Hotel Management Company BSG Hospitality Pvt. Ltd. has raised seed funding via FDI (Foreign Direct Investment) from Avero International Inc. The funds will be used to grow the hotel portfolio of BSG Hotels & Stays – a unit of BSG Hospitality in Goa and across India. The company aims to raise $5M by end of 2022 to onboard new hotels and consolidate BSG Hotels & Stays as a major player in the presently unorganised hotel segment.   Maryville - Tennessee, US-based Avero International Inc. has backed Hotelier and Founder of BSG Hospitality; Bijoy Sengupta to grow the company in the capacity of Founder - CEO and provide travellers standardized accommodation and great value at a great price. Bijoy, a hotelier with over two decades of experience in the hotel industry started BSG Hotels & Stays in October 2021 with its first hotel BSG Absolute Porvorim Regency in North Goa.

Bengaluru,Karnataka,  India:   Gameskraft Foundation, the social arm of the online skill-based gaming and entertainment company Gameskraft, has associated with Anju Bobby Sports Foundation (ABSF) to support the development of ABSF’s new high-performance academy in Bengaluru. Through the grant, Gameskraft Foundation takes its first steps, demonstrating its intent in sports development and building the basis for future associations benefiting social upliftment and inspiring success stories in multidisciplinary competition.   Vikas Taneja, Group CEO of Gameskraft Group , said, “ Our vision of corporate responsibility is creating a legacy that involves giving back to the communities and individuals whose perseverance and skill inspire us .  Sports development is high on our list of focus areas, and  it gives me immense pleasure to kickstart this journey with the Anju Bobby Sports Foundation. Anju’s vision for the academy will shine the spotlight on the most deserving talent our country has

Bangalore, Karnataka, India:    Teachmint , a leading education infrastructure provider, has been  Great Place to Work-Certified ™ in India. This recognition is a direct result of what Teachmint’s current workforce has to say about their experience working at the organization. This also makes Teachmint one of the youngest companies to receive this certification, in just 2 years since inception.   In the past year,  Teachmint  has introduced several initiatives across the spectrum of financial, mental and physical wellness to create a supportive and enriching work environment for its people. This includes superior individual and family insurance, health club memberships, fully sponsored access to counselors as well as a flexible ESOPs liquidation policy for timely wealth creation.   Announcing this milestone,  Kapil Vardhan, CHRO, Teachmint , said,  “Since inception, Teachmint has focused on creating a fulfilling, energized and inclusive workplace. To be Great Place to Work-Certified in

BMW Motorrad India launched the first-ever BMW G 310 RR in India today. India is the first country to welcome the third and latest member of highly successful BMW 310 model series. The bike is available at BMW Motorrad India dealerships from today onwards.   The BMW G 310 RR has been jointly developed by BMW Motorrad and cooperation partner TVS Motor Company. The BMW G 310 RR is locally produced in India along with BMW G 310 R and G 310 GS by TVS Motor Company in Hosur. Mr. Markus Mueller-Zambre, Head of Region Asia, China, Pacific & Africa at BMW Motorrad said, “In just under five years, the G 310 R and G 310 GS have become immensely popular and are in high demand all over the world. The introduction of a third member further diversifies the G 310 range with R - a roadster, GS – an adventure bike and now the first-ever BMW G 310 RR - a true road racing sports bike. The BMW G 310 RR’s performance, agility, precision and raring-to-go flair reveals racing attitude. We are glad to lau