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Subscriber base consolidates; RJio leads the growth: Motilal Oswal Financial Services

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According to the telecom report of Motilal Oswal Financial Services (MOFSL), while active subscribers for both Bharti/VIL remained fairly flat at 347m/236m, RJio continued its strong addition of 4.7m subscribers (4.1m in Aug’21).

RJio continues to lead, with an active subscriber share of 35.7% when compared to 34.8% for Bharti. As a result, total VLR for RJio improved by 460bp to 83.65% in Sep’21. While gross subscribers for RJio fell steeply (19m) to 425m, it continued its lead in active subscriber additions at 4.7m to 355m, increasing its market share by 30bp to 35.7%. 4G subscribers too declined by 19m.

Telecom Report

The Telecom Regulatory Authority of India (TRAI) released subscriber data for Sep’21 where MOFSL observed that gross subscriber base for the industry fell steeply (20.7m) to 1,166m on account of a 19m decline in RJio’s gross subscriber base due to a cleanup of inactive subscribers. However, active subscribers grew by 3.9m to 996m (2.4m additions in Aug’21).

Telecom Report

Bharti’s gross/active subscribers remained flat at 354m/347m in comparison with average additions of 2-3m in the last couple of months. While its active subscriber share declined by 20bp to 34.8%. 4G subscriber additions too witnessed sluggish growth and grew by 1m to 203m as compare to a steady run-rate of 4m. Bharti’s 4G subscriber base continued to grow, albeit at a slower rate of 1.2m (4m in Aug’21), while the same for RJio/VIL declined by 19m/1.2m.

VIL’s gross/active subscribers continued to decline at 1.1m/0.8m to 270m/236m, albeit at a slightly slower pace. 4G subscriber additions, which grew in May-Jun’21, declined by 1.2m.

4G subscribers for the industry as a whole declined by 18.7m to 769.2m, with 4G subscribers accounting for 77.3% of active subscribers.

Telecom Report

Industry Wired Broadband subscribers remained flat, down a mere 0.1m to 24.4m. RJio/Bharti added 160k/230k subscribers, taking share from BSNL’s 440k decline.

Also Read: ClassMonitor marks impressive growth with 2x exit for angel investors

ClassMonitor marks impressive growth with 2x exit for angel investors

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Amidst the global pandemic where all industries are severely hit, ed-tech startup ClassMonitor has been consistently witnessing growth as they provided a 2x exit to the early stage investors within 2 years. Existing investors which include Dubai based Calega family office have now purchased an increased holding from the startup’s other early stage angel investors.

ClassMonitor is a home learning platform for early childhood learners and parents, blends traditional teaching with modern methods of learning. Its hybrid learning tool takes children to a learning space that combines real life learning experiences with curated activities. The brand offers integrated annual learning packs which are designed for comprehensive learning, logical thinking and problem solving. The products are designed in such a way that they address the year-long learning requirements for the age group 1-8 years and are very affordably priced.

“This is a big milestone and achievement for us at ClassMonitor. In the past quarter, we have touched over 20,000 customers and helped over 100000 kids so far in shaping their initial learning years. This exit displays our current growth and re-establishes the faith provided by our investors in us and in this ecosystem at large. It gives me a great sense of pride and achievement to see the people who had put their trust in us, exit with good returns,” says Vijeet Pandey, Co-Founder and CEO at ClassMonitor.

The startup has been tracking growth rapidly as it witnessed 20,000 customers in the last 3 months and aims to clock another 40,000 in the next 3 months to garner a total of 1 lakh customers by 2021. The startup currently has an ARR of 10 crore and aims to tap rapid growth and reach to 20 crore in ARR by March 2022. ClassMonitor boasts a PAN India customer base of parents with children in the age group of 1-8 years with Tamil Nadu, Karnataka & Maharastra being the top 3 states.

Currently, the startup has 95% of their total users from India and 5% from abroad and is aiming to increase the ratio to 90% from India and 10% from abroad respectively in the next 6 months. This growth trajectory is followed by the startup’s global expansion recently. Additionally, the startup expects growth in the Philippines, Australia, and the Middle East markets and aims to continue deeper penetration in the tier 1-3 markets. The company is also looking to strengthen their customer base in Uttar Pradesh, Gujarat, and Rajasthan.

ClassMonitor plans to raise a series A investment soon and to date has raised Rs 6 crore since inception in 2016. As part of the angel round, they are backed by renowned investors including Calega Family Office, Piyush Jain, Chief Financial Officer of Al Hajri group, an angel investor who has invested in over 25 start-ups across the globe, Audit Head of Fullerton India, COO of Fullerton India, CFO of Spice Money, PATH India Ltd.

Also Read: GMNG clocks in 300% month-on-month business growth

GMNG clocks in 300% month-on-month business growth

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Gaming platform GMNG will soon emerge to be one of the leading firms in the industry, owing to its stupendous month-on-month business growth. After a humble start in the month of August, the firm has been experiencing high-paced growth, having earned 100k+ installs within a period of less than three months since inception.

The gaming platform attempts to give esports companies more control of their communities and allow them to better serve their customers by improving the monetization factor of their games. Additionally, they offer real money games on the same platform so that users can regularly earn money and not wait for slots in big tournaments.

What started as a team of two, now boasts of a workforce of more than 15 experienced working professionals from the gaming space. Owing to their exponential growth, GMNG plans to add 30+ plus technical and ops team members in the next quarter.

Amann Bhalla, founder of GMNG, said, “Achieving 3x month-on-month business growth is, certainly, a matter of pride for all of us. It is due to the efforts of our team and the support of the users that we have been able to grow at this speed consistently and intend to keep doing so. We are constantly working on our product and the entire customer experience and have aggressive hiring plans to keep adding the best talent from the online gaming space to the GMNG team. With this milestone in our journey, we feel all the more empowered to expand and diversify our operations. Also, this exponential growth in business and workforce strength will further motivate us to push our limits and increase our customer base by introducing more games each month.”

Aakash Taneja, Head of Product at GMNG, shared, “We have only scratched the surface with Esports in India this year. There are Esports communities on platforms like discord and YouTube with untapped potential for monetization. We at GMNG are adding value to these communities by helping them productize their audience. On the same platform, we also offer the shortest format of real money games which, in turn, will help in increasing user engagement.”

Thriving in the gaming industry with a customer-first approach, the organization plans to develop and introduce more interesting games to its portfolio each month for the growing customer base. In addition, the company is in the process of adding some revolutionary formats in the Indian online gaming space, which will give its customers the maximum bang for their buck.

GMNG takes pride in sharing that they aspire to walk towards the path of success by aiming at 1Mn+ installs by the end of 2022.

Also Read: ShopClues announces relaunch of bigger and better ‘Refurbished Electronics’ category

OnePlus partners with Vikramaditya Motwane’s Andolan Production to releases feature film ‘2024’ on Disney+ Hotstar

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Smartphone brand OnePlus today released ‘2024’, a new feature film in association with Vikramaditya Motwane’s Andolan Production as well as Big Bad Wolf Studios and the Odd and Even Productions. Entirely shot on OnePlus using the unique camera capabilities of the OnePlus 9 Pro, the 60-minute action thriller releases exclusively on Disney+ Hotstar today.

Highlighting a fictional era of 2024, the story takes place in Mumbai and follows the gripping journey of four youngsters who grew up together in an orphanage in Dharavi and are faced with the survival challenges of a virus outbreak. As the result of the mutating virus, their city experiences havoc with people rushing to find refuge. Amidst this mayhem, the teenage protagonist, Padma is determined to return to Dharavi in search for her missing brother, going against the advice of her three best friends, who plan to take the last train going out of their city. As the night unravels, the four individuals are compelled to make a range of tough choices, while constantly reflecting on their conscience.

The intriguing action thriller showcases the collective strength and resolve of the human spirit that can help a community overcome any adversity if they unite for the greater good.

Directed by Rohin Raveendran Nair, the project boasts of a cast of young and talented actors including Muskkaan Jasferi (Padma) and Mayur More (Murali), best known for their roles is Netflix TV series such as Mismatched and Kota Factory, respectively. The cast also features actors such as Tejiasvi Singh Ahlawat (Shobhita), Sharul Bhardwaj (Jatin), and Mihir Ahuja (Danny). The film is written by Avinash Sampath, who is popularly known for his writing on AK vs AK and Ghost Stories.

The team also includes Linesh Desai as the Director of Photography and renowned music composer Aloknanda Das Gupta. The film has been produced under the creative direction of Vikramaditya Motwane.

OnePlus 9 Pro 5G: The star device of choice

The OnePlus 9 Series features the first ever Hasselblad Camera for Mobile system and offers true-to-life colours with OnePlus and Hasselblad’s natural color calibration, keen detail, and high dynamic range. The OnePlus 9 Pro camera provided a seamless shooting experience due to its hyper-realistic 8K 30 fps, superior HDR video recording, in-built image stabilization, and support for capturing 4K at 120 frames per second (fps).

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The faster focus speeds and 64x more color information on the device also helped deliver cleaner daytime and nighttime images, while also providing reduced motion blur with higher dynamic range for shooting the diverse scenes of the film. The camera setup, which includes the advanced Nightscape Video 2.0 allowed the crew to capture bright and detailed videos, even in very dim environments. Coupled with DOL-HDR and the ultra-wide camera, the camera system also allowed them to bring every frame to life across captivating contrasts and exciting sequences.

This Shot on OnePlus collaboration for the feature film “2024” serves to empower aspiring filmmakers and creative artists from the India community to utilize the power of smartphone technology to pursue their creative endeavors wholeheartedly.

ShopClues announces relaunch of bigger and better ‘Refurbished Electronics’ category

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Online marketplace ShopClues.com has announced the relaunch of its bigger and better ‘Refurbished Electronics’ category.

Consumers can purchase pre owned smartphones that have been repaired, upgraded, and certified from authorized sellers of top brands like Apple, Redmi, Samsung and Nokia at prices between 30-50% less than their new variants and with a 1-year seller warranty covering manufacturing defects. The iPhone 4, 5, 6, 7, Redmi Note 5 Pro, Redmi 3s, Redmi 6A, 7 Pro are currently some popular models in India’s refurbished category.

This vertical will e-tail pre-owned smart and feature phones, laptops, power banks, headphones, earphones and small appliances in mint condition. All used products available under this new vertical have been repaired, refurbished, and revived to top condition. Each phone goes through around 80 stringent quality checks before it is dispatched for sale. The brand will systematically expand its product line to feature laptops, power banks, headphones, earphones, and small appliances in the coming New Year.

“The decision to reintroduce our refurbished electronics vertical in a more organised manner was taken on the back of the recent strong demand we witnessed for pre-owned goods. In fact, in the last year itself, we sold 100,000 refurbished devices on our platform. As responsible citizens of this planet, we must undertake measures to promote the circular economy and follow the 3R norm of Reduce, Reuse and Recycle. By aiming to minimise e-waste through our refurbished category, we hope to contribute to sustainable development,” said Anuraag Gambhir, Head of Marketplaces, ShopClues.com.

ShopClues.com refurbished vertical will also help reduce e-waste in India and promote a circular economy. According to the Global E-Waste Report 2020, India generated 3.2 million tonnes of e-waste in 2019 and ranks third among e-waste producing countries after China and the United States.

Also Read: Raju Wadalkar joins MissCallPay to take UPI revolution to billions

Raju Wadalkar joins MissCallPay to take UPI revolution to billions

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MissCallPay, a pioneer in bringing voice-based payment solutions to the Bharat population, announced the appointment of Soumitra aka Raju Wadalkar, who has joined the team as an advisor for technology & telecom operations.

A senior technology and engineering professional and IIT-B alumnus with over 40+ years of experience, Raju brings in extensive knowledge of operations and scalability of tech and telecom industry. He will guide MissCallPay with his rich experience to make highly scalable, secure and fault tolerant application enabling the potential billion users to transact over innovative MissCallPay running over revolutionary UPI rails.

Raju has been credited as the tech person who brought to life the telecom aspirations of the Ambani family. He is among the first employees of Reliance Industries in the newly formed telecom business unit, Raju worked closely with Anil Ambani to launch the low cost and high quality GSM and CDMA based mobile networks in the country. He was tasked with designing the first GSM networks in the entire North East, Himachal and MP, which covered almost a third of the population and area of the country. After successfully accomplishing this task, Raju shifted his focus to Gujarat circle and created an innovative first approach of using CDMA mobile technology for fixed line local wireless access network.

After his contribution to Reliance’s vision and Dhirubhai’s dream of making the cost of a phone call cheaper than that of a postcard, Raju co-founded 3Genesis where he created and invented mobile pre-paid system. It was later acquired by Apar/ NESS Technologies, which even today powers the mobile pre-paid systems of leading telecom companies across the world. Post that, Raju joined Tech Mahindra as Sr. VP and climbed up ranks to lead Tech Mahindra’s Telecom domain as CTO and Global Head of Innovation and continued his work with major telecom companies across the world enabling TechM’s strong team of 50,000+ engineers spread across geographies to launch / upgrade and maintain mission critical telecom infrastructure.

Team MissCallPay

After his stints at Tech Mahindra as a powerful influencer in the telecom industry, Raju now advises select path breaking startups like Hygge Energy, FortyTwo42 Labs and MissCallPay.

Mitesh Thakker, Founder – MissCallPay, said, “It is an honour to welcome Raju, who has a wide spectrum of experience in the tech and telecom industry. Particularly when we plan to take the NPCI’s UPI revolution to the billion, his expertise & experience will be instrumental in helping MissCallPay to take digital payments to every nook and corner of Bharat and thus bringing the benefits of formal cashless economy to billion+ Indians, and fulfilling the dream of our PM, Shri Narendra Modi.”

Raju Wadalkar said, “It is my pleasure to join MissCallPay as an advisor and work with the innovation that will take the UPI revolution to the interiors of Bharat, I personally feel that voice will be the new de facto standard for payments in India as it is more secured as well as convenient than the mobile app based payments. It is great working with Mitesh’s team in their grand vision to bring financial inclusion to the under-served billions. I am sure MissCallPay will play a significant role in the growth of the Indian economy.”

Also Read: Soundcore announces ‘Q-Series’ headphones in India

Play gears up to launch two avant-garde smartwatches – Playfit Slim and Playfit Strength

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Rapidly-growing homegrown brand Play is gearing up to introduce two avant-garde, made-in-India smartwatches – Playfit Slim and Playfit Strength. Adding these top-of-the-line products to its portfolio lays the foundation for the brand’s end-goal to offer world class gadgets to millennials and Gen Z crowd.

Both the smartwatch models come equipped with features like full touch display, water and dust protection, multiple sports modes, heart rate and fitness tracker, sleep and SpO2 monitor, Bluetooth notification controller coupled with ingenious application, fulfilling the promises of a 21st-century device.

With this launch, the brand aims to delight their consumers in the festive season; these smartwatches will be available at the competitive pricing of Rs 3,999 (for Playfit Slim) and Rs 4,999 (for Playfit Strength). Consumers will be able to purchase these watches from November 30.

Hamish Patel, Chief Product Officer, Play, said, “These latest product innovations underline our commitment of offering top-notch and high-standard technology experience to our discerning consumers. Since its inception, Play has strived to positively surprise customers with innovatively designed products, weaved around futuristic technologies and at an affordable price. The wearable device industry is still in the infancy stage in India and amazingly rich products are destined to hit the market which shall pleasantly surprise the Indian consumer over the next few months.”

“Powered by our design team in India, we are delighted to announce the Playfit series of our smart wearables which are 100% made-in-India too. With the introduction of these newfound smartwatches, Play aims to strengthen its leadership standpoint in the hitherto Indian e-wearable market so that customers can opt for best-in-class products and services in terms of cutting-edge e-gadgets,” added Patel.

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The smartwatches come with two-pin magnetic chargers and an ingenious and interactive application that significantly improves users’ lifestyle decisions. This uniquely-fashioned Playfit application is compatible with both iOS and Android devices.

On the back of energetic design and value proposition hosted in India for data protection, the application will assist the wearers in making better lifestyle-related judgments, resulting in an all-inclusive health-centric future.

Play is also focusing on a renewed packaging style that is more product-centric, thus uplifting the overall charm of these marvelous smartwatches.

Soundcore announces ‘Q-Series’ headphones in India

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Audio technology brand Soundcore introduced the dynamic over the ear Life Q series Headphones – Life Q30 and Life Q35 in India. The headphones are equipped with Hybrid active noise cancellation, signature Soundcore sound, and customization for a listening experience with outstanding battery life. The headphones come with an 18 months warranty and are already available on Flipkart.

Soundcore Life Q30, priced at Rs 7,999 and Life Q35 priced at Rs 9,999 crafted with an ergonomic design, are equipped with memory foam ear cups and headbands, and a lightweight frame making them a perfect candidate for the everyday hustle. To ensure a secure fit, the headphones have ear cups that adjust by up to 15 degree enabling it to adjust to the shape of the head.

Designed to offer the ultimate audio experience, Life Q35 supports LDAC technology that ensures that 3X more data is transmitted to the headphones than standard Bluetooth codecs. This lossless transfer provides every tiny detail in the music. Both Life Q30 and Life Q35 are equipped with 40mm silk-diaphragm drivers to deliver sound that’s both Hi-Res Audio and Hi-Res Audio Wireless certified. Bass is deep, treble shines, and distortion is cut out.

The headphones also feature Hybrid ANC that picks 4 microphones and filters out irritating noises like traffic and airplane engines for a purer listening experience. The multimode ANC enables a switch between transport, indoor, and outdoor modes to find the noise cancelling level that suits every surrounding. Giving one a personalized experience, the Soundcore app enables EQ settings or chooses from 22 presets. The Life Q series headphones also offer a seamless audio experience with transparency mode that allows one to hear voices and traffic at a natural level when needed. They’re also equipped with crystal precise 2-mic AI uplink noise-cancelling technology to optimize voice and free unwanted noise in the background.

Also Read | Soundcore launches Saina Nehwal special edition ‘Life Note E’ TWS with 50% more bass

Featuring a 40-hour long playback time in ANC mode and 60 hours in normal mode, the dynamic headphones provide 4 hours of listening with just a 5-minute charge. The headphones sport Fast NFC pairing and multi pairing options on the connectivity front. The headphones also support 2 devices at one go & feature a wearing detection technology allowing the playback to pause when headphones are removed and resume when put back on.

Gopal Jeyaraj – Country Manager, India & SAARC said, “We are thrilled to launch our ANC Q-Series headphones in India. A perfect blend of customized sound, top-tier design and ergonomics, the headphones shall be the new fashion statement among the audio lovers.”

The Life Q30 is available in Black, whereas the Life Q35 is available in Pink. Additionally, the headphones come with a compact travel case, building ease of use.

Also Read: iGear Dynamo, a 10W wireless speaker with LED lights and karaoke feature launched at Rs 1,850

iGear Dynamo, a 10W wireless speaker with LED lights and karaoke feature launched at Rs 1,850

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Homegrown gadget and smartphone accessory brand iGear has launched Dynamo, a wireless party speaker system that is ready for action whenever you need it.

Packed with two large 4-inch drivers and some funky LED lights to create an awesome party environment, the iGear Dynamo is ready to party when you are. Dynamo is a small party speaker as compared to the large brothers out there, but is equally powerful to rock any party at the touch of a button. Owing to its small footprint, the iGear Dynamo can also be easily carried along anywhere. Slip it in your backpack, or throw it in your car boot – the Dynamo can be an entertainer at the beach, in a camp, in your garden or just about anywhere you can think of.

Neha Sharma, Co-founder, iGear, said, “At iGear, we strongly believe in making technology work for you anywhere and anytime. With Dynamo, you can instantly plan a small party anywhere you want it to happen. Be it in your backyard, on the beach, on a field trip or in your car too. This little wonder is powerful enough and always ready to entertain you and your friends. Surprise your friends by magically popping out an iGear Dynamo from your backpack.”

Featuring twin full-range drivers with 10 watts of pure power, the Dynamo can be an entertainer in any department. Be it music, movies, gaming or karaoke. Two bass reflex ports are provided for extra thumps and deeper bass production. Additionally, lit by LED lights, the speakers produce a cool light effect to set the party mood.

Also Read: Infinix to soon foray into laptop segment with INBook X1

Powered by the latest Bluetooth V5.0, the iGear Dynamo can instantaneously pair with the source the moment it turns on. Additionally, BT v5.0 also allows for distortion-free connectivity over a longer range along with better power efficiency. The Dynamo is equipped with an LED Display panel and an analog volume dial for easy access, apart from also being controlled using its fully-featured IR remote.

The iGear Dynamo can be a great entertainer for the entire family, age no bar. Featuring additional connectivity options such as Aux, USB, TF/SD Card and Mic, you can convert it into a soundbar for your TV or use it for a karaoke night with any compatible wired microphone. And there’s an FM Radio built right in to keep you entertained by your favorite RJs too.

The iGear Dynamo will be available at price of Rs 1,850 on Amazon.in, igear.asia and Croma.com.

Infinix to soon foray into laptop segment with INBook X1

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Infinix, the premium smartphone brand from Transsion group, is all set to launch its first-ever laptop, INBook X1, in India soon. The laptop will be available in three processor variants i3, i5, and i7.

As per the Intrigue page on Flipkart, INBook X1 is the lightest laptop which weighs only 1.48 kg and feels ultra-light to carry. It will also be one of the thinnest laptops in the segment with 16.3mm thickness.

The Infinix INBook X1 is bound to give its users a premium and stylish feel while using, as it sports, first in segment, full metal body with aircraft grade aluminium finish.

The INBook X1 laptop will come in three premium and vibrant colours to suit every style: Noble Red, Starfull Grey and Aurora Green.

Also Read: Mesh-up your entire home with a pair of Netgear Orbi RBK352