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Paytm Money becomes India’s growth enabler for wealth products, aims at 10 million users in FY’22

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India’s homegrown digital financial services platform Paytm, today announced that its wholly-owned subsidiary ‘Paytm Money’ is targeting over 10 million users and 75 million yearly transactions in FY’22.

The company has become the leading driver of wealth creation in the country with over 50 percent ‘new to wealth services’ users availing investment products including Direct Mutual Funds, Stocks, IPO, F&O, ETF, NPS & Digital gold on the platform. By allowing small ticket investments and allowing trading at 10 INR per order, Paytm Money is encouraging the masses to start managing their wealth actively and in a safe environment, thus promoting financial inclusion.

The company has made deep inroads into the country & now has customers in 99 percent of all pin-codes helping in democratising wealth products & services. It has over 7 million users and has also achieved over Rs 5000 crore in Direct mutual funds investments. Paytm Money aims to register over 150 percent increase in monthly new SIP registrations and a 200% increase in Total Monthly Investment volumes over the next few months. By offering Direct mutual funds users save ~1% in commissions as compared to regular mutual funds and combined with a simple product and 40+ AMCs, investing has become simpler.

The company’s stockbroking initiative is helping to bring in more active direct equity investors in an underpenetrated segment. Paytm Money aims to open over 3.5 lakh by year-end and expects 60% of users to be from small cities. By building a simple platform for investors and traders, making delivery orders free and intraday/FNO at 10 INR per order and ensuring the technology behind is stable & solid, active management of users wealth has become easier. Paytm Money is also enabling wealth creation with investments in Initial Public Offers (IPOs). It has made the process of IPO application completely digital & simple for retail investors across the country to apply for IPOs.

The company aims to retain its top position in the market when it comes to digital gold and is set to cross 6,000 kgs of Gold transacted through the platform. Digital Gold has become an important part of the wealth portfolio as its safe, 24kt pure, easy to buy from 1INR to 1Cr and a user can take delivery of the physical gold. The company has more than 60mn investors in digital gold with many opting for Gold SIP as a regular saving option.

While over 35% of investors are less than 25 years, 80% of investors are less than the age of 35 years of age and 90% are less than 40 years.

Apart from this, the company strives to bring in financial inclusion by educating the masses through initiatives such as Masterclass. So far the response for ETF Masterclass and Foundation Masterclass has been overwhelming. More than 2000 people attended these Masterclasses where experts taught the basics of trading and explained the importance of ETFs to the investors. Paytm Money aims to enable over 1 million Indians to trade and invest in capital markets through its education initiatives.

Varun Sridhar, CEO – Paytm Money said, “We strongly believe that wealth management in the country need to be democratised, embraced, and adopted by all. Technology innovation and a stable product have allowed us to bring direct mutual fund & gold to everyone and offer equity delivery for free and all FN/intraday orders as low as Rs. 10. With our 360-degree approach to providing investment solutions, we have become the leading driver of wealth creation in the country. We are humbled by the trust young investors have shown in Paytm Money, by making it their primary platform for all investments. The next 18 months of innovation, launch of new products and providing a stable platform is going to be our goal. This is just the start.”

Huawei files two patents relating to electric vehicles and the driving system: Report

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The Chinese tech giant, Huawei, has over the years established itself as an active player in the car manufacturing industry with several products and solutions aimed at making driving easy and fun.

But according to some new media reports, the company was planning to make a full entry into the electric vehicles market. The move is said to be part of efforts to cushion the effect of the US ban which has resulted in the near-collapse of Huawei’s smartphone business.

The report may have some truth in it after all. A couple of patents relating to EVs have been spotted. Specifically, two patents filed by Huawei Technologies Co., Ltd. titled “An Electric Drive System, Powertrain, and Electric Vehicle”. The patents were both filed on October 21, 2021, and have the application numbers CN112436747A and CN112436779A.

The patent description published with the model bearing the application number CN112436747A shows that this application provides an electric drive system, a powertrain, and an electric vehicle, which involves the technical field of electronic circuits. Among them, the electric drive system includes a bus, an on-board charger, a three-level inverter circuit, and a controller.

The second patent with application number CN112436779A is also for an electric drive system, a powertrain, and an electric vehicle, which involves the field of power electronics technology. The electric drive system is connected to the power battery pack and includes a bus bar, a three-level inverter circuit, a DC-DC conversion circuit, and a controller. The controller is used to control the first conversion circuit and the second conversion circuit. The electric drive system reduces the volume and cost.

These are technical terms that may not make much sense to someone not familiar with EV systems but the bottom line is that Huawei may likely be working on its own EV. Do bear in mind, though, that the EV may not arrive any time soon.

Experience the True Music with Lumiford GoMusic BT12 Bluetooth Speaker

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Team My Mobile
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Lumiford, a manufacturer of innovative, futuristic consumer electronics in the entertainment space, has unveiled the technologically advanced GoMusic BT12 Bluetooth Speaker.

These high bass Bluetooth speakers are designed to be highly portable and convenient for today’s on-the-go generation with features like an in-built HD mic for calling, Google Assistant/ Siri support, lightweight with compact size and TWS Connection which can connects two speakers simultaneously for extra loud stereo sound experience.

GoMusic BT12 sports a 45mm dynamic driver with speaker power of 4Watt and 20Hz-20KHz frequency response for powerful sound and 10m of strong transmission. The best-in-class speaker comes with IPX4 Water Resistant and available in Blue, Black, and Red colors. The device runs on a 900 mAh li-Ion battery which offers upto 8 hours of music playtime/talk time on 2 hours of charging. It also offers multi-connectivity options like Aux, USB Play, Micro SD Card, and FM Radio Support.

Abhijit Bhattacharjee, CEO, Lumiford said, “GoMusic BT12 Bluetooth speaker is designed especially for the new-age consumers who need their music to be as nimble as them. We are revolutionizing portability with our new offering which will give our customers the freedom to take their music with them whether they go. It offers high bass, high-quality sound, and large battery capacities which will last as long as you need!”

GoMusic BT12 is priced at Rs 2,199 and available for purchase now on Amazon.

Ambrane launches two new TWS – Dots 11 and Dots 20 with incredible sound experience

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Team My Mobile
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Ambrane, a Smart accessories brand announced the launch of its TWS series – Dots 11 and Dots 20 with several high-end specs. Both the TWS supports 360-degree performance with long battery life, multi-functionality and dynamic design.

Dots 20, also supports Environmental noise cancellation (ENC). Priced at Rs 2,999 respectively, both the products are available on Flipkart and Amazon. The products come with a 365 days warranty.

Dots 20 with a minimalistic design is available in Black as well as white, and is configured with the Environmental Noise Cancellation feature, which enhances the audio and reduces the ambient noise in the background. It’s advanced acoustic technology with 10mm drivers punchy bass sound guarantees a rich audio experience.

Along with an immersive audio experience, the buds equip a playtime of good 25 hours with its unique and stylish charging case for non-stop musical sessions or long conversations. Charge them once and they are good to go for all day long use. It also features a responsive multifunctional touch sensor that lets you control music and calls, and switch between them seamlessly.

Available in black, with a stylish and ergonomic design, Dots 11 wrapped in a matte finish, configures a powerful bass and crisp audio. The earbuds offer seamless entertainment of up to 20 hours and support fast charging via a Type C port. Dots 11 also supports smart touch control – touch and tap control for effortless and easy accessibility to play, pause and manage your music. The high-bass feature allows you to tune out from the outside noise, thereby giving you a premium sound quality to enjoy music while on the go.

Both the products in Dots series are engineered with the latest Bluetooth V5.0 for stronger connectivity and designed with a secure fit allowing one to hustle. They also pack the convenience of voice assistance (Siri and Google Assistant) making them manage daily routine through your voice. Ambrane Dots 11 and Dots 20 are both designed against water splashes with IPX5 Water Resistant feature.

MediaTek announces MT9638 4K Smart TV Chip with an integrated high-performance APU

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Team My Mobile
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MediaTek today announced its new 4K smart TV chip, the MT9638, with an integrated high-performance AI processing unit (APU).

MT9638 supports cutting-edge AI-enhancement technologies such as AI super-resolution, AI picture quality, and AI voice assistants, plus variable refresh rate (VRR) and MEMC (motion estimation and motion compensation) so graphics appear smoother. With its high-performance processing for optimized visual quality, MT9638 gives global TV makers premium features to design competitive 4K smart TVs.

Alex Chen, General Manager of the TV Business Unit at MediaTek said, “As smart home appliances become more intelligent and diversified, smart TVs are becoming the new hub for the smart home as consumers take advantage of AI-enabled multimedia features to control all their devices right from their TV. The new MT9638 continues our legacy as the No. 1 chip provider of smart TVs, bringing consumers incredible AI, multimedia, gaming and entertainment experiences in theater-quality 4K.”

MediaTek’s premium TV chip technologies are designed to enhance the user experience with our custom APU that brings high-performance AI computing to smart TVs. With built-in AI picture quality technology, the chip enables real-time content and scene recognition, automatically adjusting color saturation, brightness, sharpness, dynamic motion compensation and smart noise reduction to improve overall image quality. MediaTek’s AI super resolution technology, combined with the company’s MEMC technology, intelligently upscales resolution through multi-frame blending to deliver clearer images at the smart TV’s native resolution.

The chip supports the latest connectivity technologies including Wi-Fi 6 for fast, reliable connectivity and HDMI 2.1, which integrates support for VRR to match movies or console gaming frame-rates in order to avoid screen tearing. The MT9638 also supports applications powered by AI voice recognition and AI-enabled video calls, opening up new ways for consumers to interact with their smart TV and connect with their family and friends. These technologies are turning living rooms into true home entertainment centers, delivering new, immersive experiences in streaming, gaming and entertainment.

MediaTek’s MT9638 supports multiple advanced technologies:

A multi-core Arm Cortex-A55 CPU, Arm Mali-G52 GPU and dedicated MediaTek APU integrated into a single chip, delivering superior performance while also being extremely power efficient.

Up to 4K60 resolution support with a multimedia decoding engine for HEVC, VP9 and the latest AV1 content.

HDR10+ display support, enabling full array backlight local dimming with >2000 zones.

Premium Dolby Atmos and DTS Virtual X surround sound support.

The latest HDMI 2.1a and USB 3.0 interfaces, in addition to gigabit-class Wi-Fi 6 connectivity.

With up to four far-field microphones, the chip provides whole room coverage for voice assistants with ultra-low power consumption (0.5W) on standby and ultra-fast, one second resume for wake-up words.

Planning your next trip and want to vlog? These 3 storage devices are a must-have in your travel kit

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Team My Mobile
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Travel is all about creating memories. No matter how big or small a trip, travel can create a long-lasting impression. We must preserve these travel memories to help them stay around for years for our pleasure and to share with family and friends.

While planning a trip, it is a must to take a quick check on the storage space available on our devices. All those pictures, videos, music, maps, travel apps take a lot of storage space on our devices and smartphones.

When we don’t regularly declutter our devices and our phones, they begin to slow down thus not allowing us to have an optimum experience. The easiest way to declutter our devices is by taking regular backups and having enough storage space, be it on an external storage device or an internal memory card.

Here are 3 storage solutions that are a must-have in your travel kit are:

SanDisk Extreme PRO microSDXC UHS-I card

Using the right microSD card is crucial. Without an efficient card to store images and videos on, even the most sophisticated device won’t perform at its best. SanDisk Extreme Pro microSDXC UHS-Icard ensures extreme read and write speeds up to 170MB/s 8 and 90MB/s  respectively for fast transfer,  better app performance, and is ideal for recording outdoor adventures, weekend trips, or sporting events without skipping frames. It also helps load apps faster with the A2 specification. The card SanDisk Extreme PRO microSDXC card is shockproof, temperature-proof, waterproof, and X-ray-proof, so you can enjoy your adventures without worrying about the durability of your memory card.

SanDisk Extreme Pro SSD

While we are on the go we must-have storage solutions that are reliable and durable. Even as we travel, we are constantly sharing images and content on social media platforms or sending some pictures, or vlogging our trip. The SanDisk Extreme Pro SSD is the perfect travel companion to keep up with all these demands. The SanDisk Extreme Pro SSD is designed using Western Digital’s in-house NVMe technology to dramatically increase transfer speeds up to 1050 MB/s letting you move files faster and edit right from the drive. Designed for adventure junkies the ruggedized silicon case helps keep your content protected no matter where you take it and comes with an IP55 rating for water and dust resistance. Offering ample storage capacity of up to 2TB the device has a light form factor allowing you to keep your content with you wherever you go. It helps to transfer data easily using USB Type C and Type-A connectors.

SanDisk Dual Drive Luxe Type-C

Taking regular backups is crucial- God forbid if our digital devices crash during our road trip we would lose all our precious memories. With the SanDisk Dual Drive Luxe Type-C taking regular data backups is easy. The all-metal, 2-in-1 flash drive comes with Type-C and Type-A connectors and lets you nimbly move content between your devices—from your Android smartphone or tablet to your laptop, PC, or Mac computer. Further, the SanDisk Memory Zone app, which is available on Google Play Store, lets you view, access, and back up all the files from your phone’s memory in one location. It can also automatically move files from your device to your drive to free up space.

Celebrate Women’s Day 2021 with thoughtful gifting ideas

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Team My Mobile
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Women’s Day is right around the corner and surely, you must be scrambling to pick the perfect token of appreciation for the women in your life. Make sure your gift reflects how the women in your life inspire you.  The only thing you need to keep in mind while choosing the gift is productivity. If you’re thinking chocolates and roses, think again, it’s 2021 – put some thought to show sincerity and genuine appreciation.

Let the house of pTron inspire you with fashion-forward and practical gifts for your lady – be it a friend, a partner, your sister, your mother, or even a treat for yourself. pTron offers a colorful variety of audio devices that will make the perfect gift this Women’s Day. These devices have you covered in every aspect – aesthetics, style, productivity, and most of all, connectivity. Stay connected with those you love.

 

pTron Bassbuds Vista – Rs 1299

The new pTron Bassbuds Vista is an ode to superior audio experience at a budget. A 100% wireless product, bassbuds vista comes with a free Qi wireless charging pad which ensures that you bid goodbye to tangled cables.  Your special lady can work, work out or relax with these hassle-free TWS earbuds with style.

 

 

pTron Bassbuds Pro – Rs 1199

Surprise her with the best women’s day tech find this year – pTron Bassbuds Pro. The hero that we deserve, Bassbuds Pro offers BT 5.1 connectivity at a super pocket-friendly price tag. With deep bass, an LED Display and super-convenient touch controls, Bassbuds Pro is a fantastic techy gift for your modern day woman.

 

 

pTron Tangent Plus – Rs 899

Super lightweight, ergonomic, flexible, magnetic buds, trendy and great audio quality – is there a higher ask? pTron Tangent Lite is sweat resistant and offers rich bass, a secure fit and Hi-fi stereo, making it a perfect workout buddy. The neckband also offers a unique feature – selfie remote function, which enables

Noise appoints Utsav Malhotra as its new Chief Operations Officer

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Team My Mobile
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Noise, the Indian connected lifestyle brand, has announced the appointment of Utsav Malhotra as Chief Operating Officer (COO). Utsav will be responsible for overseeing Noise’s business strategy, operations, and marketing initiatives.

He will play a pivotal role in formulating and executing the company’s strategic initiatives, vision and developing a roadmap for achieving its business goals. With Utsav’s entrepreneurial skills and deep industrial knowledge, Noise aims to strengthen its leadership team to intensify brand’s visibility and business growth.

Amit Khatri, Co-founder, Noise said, “This announcement is a testament to the deep and diverse bench of talented leaders we have at Noise, as well as a reflection of our commitment to realizing our vision and strengthening our support for Noise’s customers. I’m thrilled to welcome Utsav to the team. Utsav is an ideal fit for us, as he is a proven leader with great experience over the past two decades which we believe will be invaluable to the growth of our company – from both a business perspective and a cultural one. In addition to an impressive track record of strategic planning and execution, Utsav brings a passion to his work that inspires and motivates our team. I’m excited to see all that Noise will accomplish under his leadership. I’m confident that he will be a great asset to our brand and ensure that our team is well-positioned to build on Noise’s success and accomplish our goals for 2021 and beyond.”

Utsav Malhotra, COO, Noise said, “I am extremely elated to join Noise and work closely with a passionate team which is focused towards building India’s leading consumer-tech brand. Wearable and hearable market is rapidly growing in India and has witnessed a huge uptick from tech enthusiasts for such products. Noise is revolutionising this industry with its contemporary technology and consumer friendly designs. It has also been recognised as No. 1 brand in the wearable segment in India. I am all geared up to join Noise’s vision to be India’s best consumer-tech brand and take it to the newer heights.”

Airtel fortifies its strong spectrum portfolio, acquires 355.45 MHz spectrum

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Team My Mobile
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Bharti Airtel today said that it has acquired 355.45 MHz spectrum across Sub GHz, mid band and 2300 MHz bands for a total consideration of Rs 18,699 crores in the latest spectrum auction conducted by the Department of Telecom, Government of India. This gives Airtel the most formidable spectrum holdings in the country.

Airtel has now secured Pan India foot print of Sub GHz spectrum that will help improve its deep indoor and in building coverage in every urban town. In addition, this precious spectrum will also help improve its coverage in villages by offering the superior Airtel experience to an additional 90 million customers in India. Through this auction, Airtel has also decisively strengthened its mid band and capacity spectrum holdings that will help it provide an exceptional customer experience at marginal capex.  All of the spectrum will enable Airtel to deliver 5G services in future.

Airtel thanked the Department of Telecom for conducting a very efficient auction and putting out a large quantum of spectrum across multiple bands in the latest auction.

Gopal Vittal, MD & CEO (India & South Asia), Bharti Airtel said, “At the outset, we would like to thank the Government for making abundant spectrum available for auctions. Airtel now has a solid spectrum portfolio that will enable it to continue delivering the best mobile broadband experience in India. We are most excited at bringing the power of Airtel services to an additional 90 million customers in India through the power of our Pan India Sub GHz footprint.”

The Company added that despite the large amount of spectrum made available, the 700 MHz band bands did not get any bid from the operators as it made no economic case for them based on the high reserve prices. The 700 MHz band coupled with the 3.5 GHz band has the potential to accelerate India’s progress to the top league of digitally enabled nations. Therefore, the reserve pricing of these bands must be addressed on priority in future. This will help the nation to benefit from the digital dividend that will inevitably arise out of this.

Get iRobot’s Roomba 971/976 worth Rs 29,900 FREE on purchase of Braava Jet m6

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Team My Mobile
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Puresight Systems, the official distributor of iRobot products in India, presents a first of its kind offer that will add sparkles to the home. With every purchase of Braava Jet m6 priced Rs 56,900, consumers will get the premium Roomba 971 or Roomba 976 worth Rs 29,900 free.

The smart home appliances brand iRobot, brings award-winning robot vacuum and mop solutions that provide highest standard of hygiene, cleanliness and convenience. The offer commences today from March 1st, 2021 to March 15th, 2021 and is available at all offline and online channels.

iRobot Roomba 976: It leverages vSLAM technology using an optical sensor to capture over 230,400 data points per second, allowing the robot to create a detailed map of its surroundings so it knows where it is, where it’s been, and where it needs to clean. With Dual Multi-Surface Rubber Brushes, it is uniquely designed with rubber treads to hug different floor surfaces, removing everything from fine dust to large debris. The 3-Stage Cleaning System packs a serious punch when it comes to dirt. couples with Power-Lifting suction which uses 5× the airpower so that the debris is easily eliminated.

iRobot Braava Jet m6: Imprint Smart Mapping Technology helps the robot get to know the home, giving the user total control to choose which rooms are cleaned and when using the iRobot HOME App, the Google Assistant, or Alexa. Automatically returns to its Home Base® charging station to recharge when the battery is low, then resumes cleaning until the job is complete. Precision Jet Spray loosens dirt and sticky messes without harming furniture, rugs, or walls. Wet Mopping pads feature wicking fibres to help break-up kitchen grease, grime, and sticky messes.

As we move into the 4th Industrial Revolution, technology continues to invade every aspect of our lives. Robotic vacuum cleaners have become an essential part of modern Indian households. With the onset of the COVID-19 pandemic, it became imperative to have smart contactless, and reliable house cleaning appliances. From surfaces to sofas and beds, Indian households demand vacuum cleaners that can get in anywhere with minimum effort. This new offer enables Indian households to experience a holistic cleaning regime by just owning a robotic vacuum cleaner Roomba 976 coupled with Braava Jet m6 at a never before price of INR 56,900.

The vacuum and mop duo serves as the ideal ‘cleaning assistant’ for those who love a spotless home but are too occupied to clean it again and again. Enabled with Wi-Fi connectivity and mapping, the user can have ultimate control on the smart home appliances. With the ease of scheduling and controlling from the phone, Roomba 976 robot vacuum paired with the Braava Jet m6, cleaning can now be controlled at the fingertips.

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