One of the fastest growing realty developers in the country, M3M India has always taken the lead to deliver the projects on time, both in residential as well as commercial segments. With more than 50 projects, comprising 30 million square-feet of delivered space in Gurugram itself, the company has focused its business on the core values of – Trust, Transparency and Timely Delivery. To mention, all projects launched by M3M India prior 2019 stand delivered.

M3M Urbana

For the benefit of investors and customers, M3M India has integrated its business model to churn-out end-to-end solutions within the organization. This integration saves time as well as cost, and projects are better aligned in terms of facilities and monitoring. The Company has a strong vision and extremely bright outlook, founded on the basis of about 3000 acres of land-bank at strategic locations.

Year FY ’24 – Six projects for delivery, three projects already delivered.

In the current financial year, M3M India has successfully delivered two residential projects – M3M Heights and M3M Flora68, and one commercial project M3M Skylofts, comprising about 2.5 million square feet of space with a construction cost of Rs. 1250 crore. M3M Heights is a 2BHK and 3BHK uber-luxury residential project located in Sector-65, with a total of 1244 units. M3M Flora68 is also an uber-luxury residential project in Sector-68 with 114 units of 2BHK, 3BHK and 4BHK. M3M Heights is incidentally Gurugram’s first mixed-use development project and also the first project to get RERA approval in 2017. M3M Skylofts, located in Sector-71 and next to 8-lane Southern Peripheral Road (SPR), is one-of-its-kind double-height project with 270studio apartments.

In the second half of FY 24′,the Company is all set to deliver 3 more projects – M3M Atrium57, M3M Solitude and M3M Lofts74, comprising about 4.0 million square feet of space with a construction cost of Rs. 2000 crore.

All the residential projects of M3M India have state-of-the-art ultra-luxurious facilities like club house, swimming pool, walking area, playgrounds, gym, meditation space and yoga centres, to name a few.

Last financial year, M3M India had launched a number of new retail and residential projects including – M3M Capital residential project, and a kilometre-wide retail project – M3M Capital Walk, both on the Dwarka Expressway as part of Smart City Delhi Airport vision. The Company also launched elite retail projects M3M Jewel on MG Road, right on the IFFCO Chowk in Gurugram, and M3M Route65 on Golf Course Extension Road. The combined topline of these projects has been about Rs. 7,650 crore.

All the projects of M3M India across various locations generate ample employment opportunities for the locals at different levels. In general, M3M ongoing projects create about 14-15,000 employment opportunities at different levels. The welfare of on-site workers is also of utmost importance and is taken care of by the philanthropic arm of the Company – the M3M Foundation. M3M Foundation is reaching out to about 500,000 beneficiaries with structured programs on education, nutrition, health & hygiene, care for the elderly, support & scholarships to sportsmen, training of rural-youth for gainful employment, and women empowerment.

First-of-its kind in South India,DAC Developers Pvt. Ltd., one of the Chennais most trusted housing development companies, has launched Home Experience Centres at Medavakkam and Tambaram, comprising fully furnished houses that showcase everything from floors to roofs in cross-section so that buyers can visually inspect and physically touch and feel the materials that go into making their dream homes.

DAC Developers Unveils South India’s First Home Experience Centres

Honourable Shri V. Ramasubramanian, former judge of the Supreme Court of India, inaugurated the innovative centres: a 1050 sq.-ft., experience centre, and an 800 sq. ft. one, modelled on the real housing units of DAC Developers’ two newly announced residential projects, DAC Medallion, Medavakkam and DAC Marshall, Tambaram respectively.

Talking about the Home Experience Centres, Mr. S. Sathish Kumar, Managing Director, DAC Developers Pvt. Ltd., said, “Our core principles revolve around the 3Es: ENGINEERING-focused innovation, Customer EDUCATION, and Customer EXPERIENCE. The newly unveiled Home Experience Centres embody these principles. We take pride in introducing it first time in South India. The introduction of our Home Experience Centers represents a new layer of transparency, reinforcing the trust our customers place in us.”

On the benefits of Home Experience Centres for the buyers, he said, “While buyers can always compare prices, select locations, and even visit model homes, up until now, they havent had the opportunity to understand the materials and elements used in the construction of their home components. They had to rely solely on the assurances given by developers. However, our Home Experience Centers provide them with first-hand knowledge about the quality and specifications of every component and item in their dream homes. They no longer need to purchase homes blindly. Now, they can visually examine and physically experience them before making a decision.“

The Home Experience Centers proudly feature eleven bays where visitors can examine the cross-sections of various elements, including shear walls, columns, beams, doors, windows, floors, switch boxes, plumbing shafts, as well as exterior components like hand-rails and balcony floors.

DAC Medallion is a residential complex in Medavakkam that comprises 125 apartments. Situated in the heart of Tambaram, DAC Marshall comprises a diverse range of 114 unit configurations.

About DAC Developers Pvt. Ltd.

The Chennai based DAC Developers Pvt. Ltd., is one of the most trusted housing development companies in the City. Established in 2014, the company has grown from an engineer -driven small design business to a full-fledged construction company. It focuses on delivering superior quality projects to meet customer satisfaction. So far, the company has constructed more than 2000 houses to its credit. The company employs 300 skilled engineers and construction professionals.

The surge in the incorporation of Artificial Intelligence (AI) and Machine Learning (ML) across various economic domains can be attributed to several factors, notably the increasing abundance of digital data and enhanced computational capabilities. Leveraging these tools for delivering financial services holds significant advantages, impacting not only the Banking, Financial Services, and Insurance (BFSI) sector but also benefiting society on a broader scale.

Alok Bansal, CEO Visionet BPS

Aligned with the expansion of AI and ML, major global banks are actively integrating these into their existing business ecosystem. According to data from the intelligence startup Evident, J P Morgan Chase stands number one in incorporating and advancing AI and machine learning, with an average yearly budget of $12 billion spent on technology, a figure that has surged significantly to a substantial US$15.3 billion in 2023. The report further highlights that not only prominent American banks but also smaller European banks have established their own in-house AI research centres.

The advent of digital tools is also showing a significant impact on Indias banking sector, which is expected to have one of the strongest growth rates, at 6.3 percent in 2024, according to a report by Deloitte on the Banking and Capital Markets Outlook.

“Were observing the influence of AI and ML technologies across different facets of banking operations within the BFSI sector in India. This spans from accelerating the know-your-customer (KYC) process during customer onboarding to enhancing back-office operations. AIs abilities to detect and flag fraudulent transactions, monitor and address regulatory compliance requirements, and predict future trends and customer needs are among the widely accepted solutions already,” says Alok Bansal, CEO Visionet BPS.

Several prominent banks in India have outlined strategies to integrate cutting-edge AI and ML models into their operations. According to recent reports, in August 2023, the Reserve Bank of India (RBI) engaged McKinsey and Accenture to design systems leveraging AI and ML for its supervisory functions. The apex bank aims to harness the potential of artificial intelligence and machine learning to analyse its extensive database, enhancing regulatory oversight over NBFCs.

“The integration of AI and ML has markedly enhanced the precision and effectiveness of risk assessment and management. These technologies handle vast datasets in real time, not only saving time but also minimizing losses. Additionally, they decrease the margin of error. Another noteworthy feature of AI and ML is their ability to continually learn and adapt. These systems evolve, incorporating new data and adjusting their algorithms accordingly,” adds Alok.

Prioritising customer satisfaction, ML algorithms meticulously analyse market trends and economic indicators. This empowers financial institutions to make well-informed investment decisions and dynamically adjust their strategies to introduce more tailored products in real time. Simultaneously, AI-powered tools evaluate customer behaviour to detect potential risks or shifts in spending patterns, facilitating the implementation of personalized risk management strategies.

However, amidst the considerable advantages, AI also poses specific challenges. “Ensuring the ethical use of data and safeguarding customer privacy are crucial. Stringent ethical guidelines and data protection measures are necessary in the BFSI sector to ensure the responsible execution of AI and ML practices,” he said.

Alok believes that India will swiftly establish a comprehensive legal and regulatory framework for AI and ML. “With more refined policies in place, AI and ML will continue to lead the way in innovation, contributing to the creation of a safer and more efficient financial world for the future,” he concludes.

India’s growing software and geospatial intelligence company Suhora Technologies announces partnership with Finland based ICEYE, a global leader in synthetic-aperture radar (SAR) technology. This partnership is one of the largest SAR deals in Asia.

From Left to right: Amit Kumar, Co-founder & COO, Krishanu Acharya, Co-founder & CEO and Rupesh Kumar, Co-founder, CTO

Suhora specializes in offering integrative, real time, actionable solutions by integrating Synthetic Aperture Radar (SAR), Optical and Thermal data to provide Day and night, all-weather continuous monitoring. Suhora is focused on innovations in spatial science, earth data and artificial intelligence to provide solutions for several industry sectors such as defense, agriculture, environment and infrastructure.

The partnership empowers Suhora to access ICEYE’s high-quality satellite imagery of any location on the planet which plays an important role in providing Suhora’s users with advanced monitoring and analytical geospatial solutions. ICEYE owns and operates the worlds largest SAR satellite constellation, having launched more than two dozen satellites into low earth orbit. The constellation is designed to provide customers with reliable and frequent high-resolution imagery collections, enabling rapid detection and tracking of changes on the Earth’s surface, regardless of time of day, or weather conditions. This capability is vital for situational awareness and timely decision-making in diverse sectors, such as, insurance, national security, natural catastrophe response and recovery, humanitarian relief and climate change monitoring.

Amit Kumar, COO and Co-Founder of Suhora, said, “Our expertise in working with SAR data enables us to create tailored services and solutions for different users across various organizations. SAR data has multiple use cases in several verticals. Our ability to work and derive utilities from SAR data will bring us to the forefront of geospatial technology. Our goal is to leverage the full potential of geospatial data to solve problems surrounding Earth and make our planet safe and sustainable for people.”

Rupesh Kumar, CTO and Co-Founder of Suhora, said, “SAR data is very valuable source of information today we can extract the insight multifold when we combine AI and ML capabilities to it. Our exclusive learning algorithms and ICEYE Data can be the fusion of cutting-edge technology with intelligent analysis, unveiling a world of insights from the invisible spectrum. I would like to mention the famous quote. “You can have the data without information, but you cant have information without data“.”

Rafal Modrzewski, CEO and Co-Founder of ICEYE, said, “Our technology goes beyond mere data collection; for us it’s about offering our customers actionable insights and elevating situational awareness. We are steadfast in our mission to provide unparalleled data of the highest quality and highest resolution to address these critical requirements for better decision making.”

About Suhora

Suhora is focused on innovations in spatial science, earth data, and artificial intelligence to provide solutions for several industry sectors such as defense, agriculture, environment, infrastructure, and numerous others. The company specializes in offering integrative, real time, actionable solutions by integrating Synthetic Aperture Radar (SAR), Optical and Thermal data to provide Day and night, all-weather continuous monitoring.

Please visit www.suhora.com for further details.

About ICEYE

ICEYE delivers unmatched persistent monitoring capabilities for any location on earth. Owning the world’s largest synthetic-aperture radar satellite constellation, the company enables objective, data-driven decisions for its customers in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring and finance. ICEYE’s data can be collected day or night, and even through cloud cover.

For more information, please visit www.iceye.com.

2070 Health, India’s first healthcare venture studio, hosted the 2nd edition of All Things Healthcare in Bengaluru last week. This was an exclusive meetup for aspiring healthcare entrepreneurs in the city offering insights into healthcare, how a venture studio works and a great evening of networking.

Fireside chat between Suryansh, Co-founder of Elevate Now and Dr. Pankaj Jethwani

The event opened with Dr. Pankaj Jethwani (CEO, 2070 Health) shedding light on the profound changes witnessed in Indias healthcare sector, particularly in the wake of the COVID-19 pandemic. With the industry currently valued at a staggering $400 billion, and over 400 million users experiencing healthcare through technology, the potential for innovation and growth is unprecedented. Dr. Jethwani stressed that healthcare, more than other sectors, demands a long-term commitment, requiring both time and patience. Its a sector where the central focus remains on patient well-being, not just quick financial gains.

The event also featured an engaging fireside conversation between Suryansh, Co-founder of Elevate Now, and Dr. Pankaj Jethwani. This engaging conversation provided a glimpse into the dynamic journey of Elevate Now and its pioneering approach to revolutionize weight loss in India. Suryansh candidly discussed his own personal journey with weight, and the challenges faced in healthcare entrepreneurship, particularly in creating the right ecosystem partnerships. He highlighted how the risks in healthcare outweigh any other sector, and thus put tremendous responsibility on founders. In his words, “In non-healthcare spaces, you can offer a coupon and ask for a second chance if you make a mistake. In healthcare, you dont have that luxury. You have to get it right the first time.” The discussion also brought up the changing dynamics of healthcare startups, where the focus is shifting from raising just capital to demonstrating value creation for consumers.

The dialogue with Suryansh and the other founders in the room brought out specific challenges while building in healthcare. Creation of the right partnerships, access to domain expertise and finding the right approach to PMF were some of the key themes that were discussed. A follow-up conversation with Namit Chugh, Head of Investments, 2070 Health & Nikhil Hegde, Head of New Ventures, 2070 Health detailed out how a venture studio can offer significant support to first time founders across identification of the right idea, finding the right talent and getting access to ready tech stacks, marketing, and distribution know-how. Moreover, venture studios like 2070 health come with deep industry knowledge and playbooks that help founders build cheaper, faster, better.

The session culminated in a dynamic discussion, with founders reflecting on their unique journeys, motivations, and goals. A shared enthusiasm for healthcare innovation resonated throughout the room. As we move forward, industry-backed platforms like these will play a crucial role in guiding these founders towards transforming the future of healthcare in India.

About 2070 Health
2070 Health is India’s first Venture Studio building patient-centric healthcare companies from scratch by bringing together futuristic ideas, exceptional founders, and a powerful innovation platform.

For more information, please visit: 2070health.com

Bluwheelz, through their innovative franchise model, is looking forward to set a remarkable milestone by making their presence in over 40 cities in India with a fleet of around 10,000 vehicles in 1 year. The company has introduced a ground-breaking franchise model designed to accelerate growth into new markets while setting new standards for the sector.

Bluwheelz is ushering in a new era of e-mobility

Bluwheelz has introduced an innovative franchisee model designed to facilitate a swift, seamless, and cost-effective expansion into new territories, setting new industry standards. The companys dedication to pioneering the EV landscape has led to the inception of this unique approach.

The company has embarked on this journey by launching its first franchise in the historic city of Agra, known for its rich heritage and as a major logistics hub in India. Mr. Narender Singh, the first franchisee in Agra, expressed his enthusiasm for the EV industry and Bluwheelzs franchise model, stating, “I got very excited by the massive potential in the commercial EV industry and the franchisee commercial model of Bluwheelz. The strong support of the Bluwheelz team further solidified my decision.”

The expansion continued with the launch of the second franchise in Noida, a thriving commercial hub. Mr. Prateek, the Noida franchisee, emphasized the bright prospects of the EV sector, saying, “EV is a sunrise sector, and I spent 3-4 months studying this model. I chose Bluwheelz due to the immense opportunity in this sector. With the backing of Bluwheelz, I look forward to significant business growth in Noida and across Uttar Pradesh.”

CP Sethi, CEO of Bluwheelz, highlighted the companys unique approach to the logistics industry within the burgeoning EV sector. “With our unique logistics perspective and the surging EV industry, we find ourselves at a pivotal inflection point in the commercial logistics sector,” he stated. “At Bluwheelz, we view ourselves as the catalyst for change, utilizing our franchisees as force multipliers to establish a sustainable and cost-efficient EV-driven logistics ecosystem that caters to our vast customer base.”

Bluwheelzs commitment to creating a more sustainable and efficient EV logistics network is evident through its pioneering franchisee model and strategic expansion into Agra and Noida and with multiple cities in the pipeline. The company is poised to play a pivotal role in transforming the future of commercial logistics in India.

About Bluwheelz

Bluwheelz is a leading Electric Vehicle (EV) Fleet-as-a-Service company with a strong presence in the First Mile, Mid Mile, and Last Mile delivery segments in Delhi/NCR. The company is dedicated to driving innovation in the EV sector and expanding its reach through a groundbreaking franchisee model.

Birla Institute of Management Technology (BIMTECH) witnessed an electrifying participation from students as the Majlis Club and Media Cell of BIMTECH organized a captivating debate event, in collaboration with New India Junction, that left attendees inspired and enlightened. The highlight of the event was the esteemed presence of Mr. Aman Gupta, the founder of BOAT who graced the occasion as the chief guest.

BIMTECH Students and BOAT Founder Mr. Aman Gupta

The teams engaged in a spirited discussion on the topic, “MANAGEMENT OF THE INDIAN ECONOMY DURING THE GLOBAL PANDEMIC” with one team advocating in favor and the other against the subject. The debate unfolded in three stages, with both teams presenting well-articulated arguments and displaying remarkable expressiveness. After a rigorous deliberation, the favoring team emerged as the victorious champions.

The atmosphere buzzed with excitement and anticipation as Mr. Aman Gupta entered the Seminar Hall to a warm welcome from the audience. The program commenced with a video presentation shedding light on the Indian economy, setting the stage for Mr. Guptas interactive session with the attendees.

During the interactive session, Mr. Aman Gupta engaged with the audience, sharing insights and responding to their questions. When asked about the impact of startups on India, he narrated his personal journey of leaving a lucrative career as a Chartered Accountant (CA) to pursue entrepreneurship with BOAT. He emphasized the changing consumer mindset towards Indian products as a pivotal opportunity for aspiring entrepreneurs.

Mr. Gupta highlighted the remarkable transformation of “Make in India” aspects of BOAT products, with indigenization increasing from 0 percent to an impressive 70 percent. He also revealed the companys ambitious goal of achieving 82 percent indigenization, and he proudly noted Indias ascent as the second-largest mobile phone manufacturer globally.

Encouraging young and aspiring entrepreneurs, Mr. Gupta emphasized the importance of thinking big, unwavering determination, and maintaining humility even in the face of significant achievements. He cautioned against arrogance and stressed the significance of Return on Investment (ROI) and profitability in entrepreneurship.

Mr. Guptas conversation with the audience also touched upon the value of adaptability in the face of failures, highlighting that multiple failures can pave the way for a single success.

Furthermore, Mr. Gupta provided insights into BOATs inclusive approach to employment, viewing each employee as part of a larger work family.

The event served as a beacon of inspiration for the students and attendees, offering a unique opportunity to learn from the experiences and wisdom of Mr. Aman Gupta, a successful entrepreneur and a prominent figure in the Indian business landscape.

The Confederation of Indian Industry (CII) organized a roadshow in the city today to announce EXCON 2023. The event witnessed the participation of industry leaders, senior government officials and stakeholders from the infrastructure and construction equipment sector.

Mr. V G Sakthi Kumar, Member, CII EXCON 2023 Steering Committee addressing the EXCON 2023 Roadshow in New Delhi on Thursday

EXCON, South Asia’s largest construction equipment exhibition organized by the Confederation of Indian Industry (CII) is scheduled from 12 – 16 December 2023 at the Bangalore International Exhibition Centre, Bengaluru.

EXCON is poised to propel India to become the 2nd largest and fastest growing construction equipment market in the world by 2030. With a strong focus on policy reforms, India is currently undergoing a rapid and transformative expansion of its infrastructure, spurred by increased government spending on various infrastructure projects. All these positive measures would help India to achieve this great milestone.

The event will spread over 30 lakhs sq. ft. of display area and is expected to attract over 1200 exhibitors from India & abroad including countries like the USA, UK, France, Germany, Italy, UAE, South Korea, Singapore, Turkey, Sri Lanka, Romania & Czech Republic. The 5-day exhibition would attract over 80,000 business visitors from all over the world. The Government of Karnataka is the Host State for EXCON 2023.

Mr. Sakthi Kumar VG, Member, EXCON 2023 Steering Committee & Managing Director, Schwing Stetter (India) Pvt. Ltd. said, “We are thrilled to introduce the Twelfth Edition of EXCON, embracing the theme, Building Indias Tomorrow. This theme encompasses the fundamental pillars of Technology, Globalization, Sustainability, and Inclusivity. EXCON 2023 is far more than just an event; it serves as the driving force behind Indias unceasing progress. It strives to embody our robust infrastructure development, solidifying Indias eminent position as a global hub for construction equipment manufacturing.”

Indias economic journey is intricately intertwined with the vitality of the infrastructure sector, an area that is receiving substantial attention from the government. In a resounding testament to this commitment, the government has allocated an impressive sum of Rs. 10 lakh crores, which is equivalent to a staggering US$ 130.57 billion, to fortify this domain. “Our governments investment underscores Indias unwavering dedication to advancing infrastructure growth, fostering an environment conducive to economic advancement, and enhancing global competitiveness,” added Mr. Sakthi Kumar.

EXCON 2023 boasts a multitude of highlights, including an exclusive focus on Alternate Fuels, AI Pavilion, Aatma Nirbhar Bharat, Skills, Women operating construction equipment and machinery, Conferences on Defence & Paramilitary, Green Construction focusing on Sustainability, AI & IOT, and Automation in the Construction Engineering Sector, among others.

EXCON serves as a dual-purpose platform, offering opportunities for both marketing and education to all stakeholders. Government officials and senior bureaucrats have leveraged it as an educational forum for multiple departments, including Public Works Departments (PWDs) and Civil Engineering Departments, private contractors, builders, road and infrastructure developers, smart city and urban planning experts, the army, and Border Roads Organizations. This platform enables them to observe the latest displays of technology, equipment, and machinery, facilitating the nations accelerated infrastructure development requirements.

The event will highlight leading construction equipment manufacturers as they showcase the adaptability of their machinery and the advancement of construction technologies. Of utmost significance, these exhibitors will present economical solutions aimed at accelerating project execution for builders and contractors, placing a strong emphasis on upholding standards of quality, safety, and environmental sustainability.

Some of the prominent organisations participating at the event include JCB, BKT, Caterpillar, Imperial Auto, Jindal Steel & Power, Gulf Oil, Kobelco, KYB, Larsen and Toubro, Puzzolana, Sany, Schwing Stetter, Syemco, Tata Hitachi, Ammann, Case, Doosan, Epiroc, Fiori, GNU, Nail Stone, Hyundai, ITR, Liebherr, Propel, Rockcut, Walvoil, Wipro, Yuken India besides OEMs, Components manufacturers and other allied industry organisation.

The Indian Construction Equipment Manufacturers Association (ICEMA) is the sector partner for EXCON 2023. Infrastructure Equipment Skill Council (IESC) and the Builders Association of India (BAI) are supporting partners.