SBI General Insurance partners with Mahindra Insurance Brokers Ltd for “insurance penetration in rural” India

This association will enable the company to provide health insurance cover to a significant number of people in tier 2 & 3 markets; and generate employment



Bengaluru, 11th December 2020 : SBI General Insurance announced a strategic partnership with Mahindra Insurance Brokers Ltd. (MIBL) through its Sajhedaari programme, to increase insurance penetration in tier 2 & 3 cities. This association marks a significant milestone for SBI General in realising its vision of becoming the most trusted general insurer for a transforming India.



SBI General is also associated with MIBL for the new car, commercial vehicle, tractors and used cars and provide vehicle Insurance with several add-ons the customers. In the digital space also SBI General has partnered with PAYBIMA, a digital platform by Mahindra Insurance Broker for providing affordable insurance solutions.



PC Kandpal, MD & CEO, SBI General Insurance said, “The pandemic has brought to fore a large part of our population that does not have health insurance to finance their medical expenditures. The most pressing requirement at this moment for us is to ensure that the ‘missing middle’ is tapped and insured.

Hence, this tie-up is an important enabler in our strategy to meet the insurance needs of our customers in Tier 2 & 3 cities. We are sure that our association will play out well in promoting health insurance awareness; and making certain that more people get health cover.”



Dr. Jaideep Devare, ‎Managing Director, ‎Mahindra Insurance Brokers Ltd. said, “We are excited to collaborate with SBI General Insurance under our Sajhedaari program, a socially inclusive initiative designed to identify, train and certify Point of Sales Persons (POSPs) for insurance distribution, while enabling deeper insurance penetration in the country. We are confident that through our collective efforts, we will empower people with knowledge about and access to health policies, which are sadly neglected due to lack of awareness and accessibility, especially in the under-served and under-penetrated rural areas of our country.”





About SBI General Insurance Company Limited: With the strong parentage of SBI, we, at SBI General Insurance, are committed to carry forward the legacy of trust and security; and to become the first choice for every Indian’s general insurance needs. Ever since our establishment in 2009, from 17 branches in 2011, we have expanded our presence to around 123 branches pan-India.

We follow a robust multi-distribution model encompassing Bancassurance, Agency, Broking and Retail Direct Channels. Today, our distribution family includes over 22,900 IRDAI certified advisors including the State Bank Group employees, and over 12,000 Agents to make insurance easily available even in the remote areas of the country.

On the distribution network front, we have strong distribution partners adding up our reach to every nook and corner of India, with SBI’s over 22000 branch network, other financial and digital partners. Our current geographical exposure covers 125+ cities pan-India with a presence of another 350+ locations through satellite resources.

We currently serve three key customer segments viz. - Retail Segment (catering to Individual & Families), Corporate Segment (catering mid to large size companies) and SME Segment; and are future-ready to serve the growing needs of Indians with new age-processes and services at affordable prices.

SBI General Insurance closed the financial year 2019-20 with a Gross Written Premium of Rs. 6840 cr at a YoY growth of 45%.

MIT-WPU’s School of Engineering Updates its curriculum to bridge Industry-Academia gap

MIT-WPU’s School of Engineering Updates its curriculum to bridge Industry-Academia gap

Ties up with Tata Consultancy Services (TCS) and introduces Four New Industry-Relevant Courses




Bengaluru, 11th December 2020 : The Indian education system is frequently challenged by an obsolete curriculum that is theoretical in nature and lacks the practical element of providing skills and competencies that are important to an ever-evolving industry. In order to ensure that the curriculum is continuously updated and applicable to the industry, MIT-WPU’s Faculty of Engineering and Technology has restructured its engineering curriculum by incorporating industry-relevant courses and enabling students to choose a minor in Computer Engineering along with their BTech specialisation.

The Faculty of Engineering and Technology at MIT-WPU and CIAP believe that for India to be at the forefront of cutting-edge technology and research, it requires an evolved Industry-Academia interface. They are leading in a truly collaborative approach, which enables learning through an industrial, academic and research alliance, through its extensive industry network, state-of-the-art laboratories and centres of excellence within the campus. With this, students get opportunities to learn actual industry practices through projects and lectures instead of just theoretical learning.

Suggestions received from industries through Centre for Industry Academia Partnerships (CIAP) at the university were also considered to address the curriculum gaps. Elaborating further on this, Mr Pravin V Patil, CEO – CIAP, MIT World Peace University, said, “CIAP’s mandate is to bridge the gap between skill/exposure/academic understanding of students and his/her employability. We help bridge the gap between Industry and Academia and also build long-term partnerships with industries that can provide a win-win for both the industry and its students.”

Introduction of Four New Industry-Relevant Courses in B.Tech

MIT-WPU’s Faculty of Engineering and Technology has also undergone academic restructuring in line with the New Education Policy 2020 for incorporating skills required as per the market needs and to minimize the overlapping of courses across all the B.Tech programs. The university has identified four specific courses, which will be added to all the engineering curricula, after an intensive initiative to further update the B.Tech program and align it with the current industry demands. These four courses are as follows:

1. Linux based Python Laboratory (1 Credit): This lab course is to be offered in the second year of the BTech program. At the end of this course, students will be able to use Python for problem solving.



2. Basic IoT Laboratory (2 Credits): The course is to be offered in the second year of the BTech program. The course will be based on a few common lab assignments and a small discipline-specific project. This will allow students to concentrate on discipline-specific applications and also help the Schools in percolating the concepts and applications for other courses as well as in projects.



3. Data Science for Engineers (2 + 1 Credits): This course is to be offered in the third year of the BTech program. The course would be a combination of theory and lab practice.



4. Artificial Intelligence (AI) and Machine Learning (ML) (2 + 1 Credits): This course is to be offered in the third year of BTech program. The course would be a combination of theory and lab practice. After learning the course, students should be able to apply the AI and ML skills in their domain and projects.

Driving Industry-Academia Collaborations: In partnership with TCS

Further, to address the growing need of engineering talent with skills in digital technology, Tata Consultancy Services (TCS), in partnership with MIT-WPU, has designed a curriculum for a 4-year undergraduate program on Computer Science called Computer Science and Business Systems (CSBS), which will run under the School of Computer Engineering and Technology.

Some of the salient features of this course are as follows:
The course curriculum is designed by TCS
TCS will conduct training sessions for the faculty members about the conduction of all courses before the commencement of each trimester. The sessions will be conducted by leading academicians and TCS senior executives.
TCS may offer internships to selected students based on their performance of assessment tests
Expert lectures will be conducted by TCS senior executives for some subjects
TCS will do periodic progress assessment of the students for some papers

This curriculum aims to ensure that the students graduating from this program not only know the core topics of Computer Science but also develop an equal appreciation of humanities, management sciences and human values. The students are also exposed to emerging topics such as, Analytics, Machine Learning, Cloud Computing, Internet of Things, etc. to make them industry-ready at the end of four years of study.



Market-Ready Students: Opting for a Minor in Computer Engineering

Apart from the introduction of these new courses to inculcate further industry-relevant skillsets through their BTech programs, the MIT-WPU Faculty of Engineering and Technology is also introducing the option to opt for a minor in Computer Engineering along with pursuing their major in their chosen BTech specialization. This will further bridge the gap between industry and academia and eligible students will gain an edge over their peers and will graduate with expertise in two different disciplines.

Speaking on this remarkable change in the curriculum, Prof Dr Prasad D Khandekar, Dean, Faculty of Engineering & Technology, MIT World Peace University, said, “In order to impart more knowledge and expose our students towards evolving skills for future applications, we are offering the minor in Computer Engineering (CE) at the BTech level. All interested and eligible students of all the BTech programs and specializations can opt for this minor in CE, excluding the students admitted in CE of course. The students can take up the minor after the successful completion of their first year, subject to fulfilling the eligibility criteria.”

MIT World Peace University is currently accepting online admissions applications to its industry-acclaimed BTech programs. 

Please note that the BTech admission at MIT Pune, Kothrud (MIT-WPU) is done via separate application process and NOT through DTE CAP rounds. The last date to apply for this program is 6th December, 2020.

BTech Program for Diploma Students

The MIT-WPU Faculty of Engineering & Technology also offers a 3-year BTech program for Diploma students, who wish to upgrade themselves and get their BTech degree from an acclaimed university. A unique BTech Lateral Entry (Direct Second Year) program at MIT-WPU gives the opportunity to Diploma students to benefit from world-class learning opportunities and enter the BTech program offered at MIT-WPU from the second year.

A diploma graduate can now apply for any engineering specialization irrespective of their branch. For example, a mechanical diploma holder can apply for a computer engineering specialization through this 3-year BTech Lateral Entry (Direct Second Year) program at MIT-WPU. This program is also offered in all the mainstream engineering specializations and they can also get a minor in Computer Engineering, as is applicable in a regular BTech program at MIT-WPU. The university is currently accepting online applications for the admissions of year 2020.

Admissions to BTech Lateral Entry (Direct Second Year) program are currently open: https://apply.mitwpu.edu.in/bts/application.php

Please note that the BTech admission at MIT Pune, Kothrud (MIT-WPU) is done via separate application process and NOT through DTE CAP rounds. The last date to apply for this program is 6th December, 2020.

Scholarships for Engineering Students

Dr Vishwanath Karad MIT World Peace University always encourages pursuit of academic excellence and rewards meritorious students with scholarships. Scholarships of 10% to 100% of tuition fees to the first year of BTech students are awarded on the basis of JEE mains and MHTCET entrance marks.

Scholarships to Direct Second Year BTech students are also awarded on the basis of their diploma percentage. Scholarships from 25% to 75% of tuition fees are awarded to Direct Second Year BTech students. Polymer, Petroleum, Chemical, Civil and Electrical Engineering students can get the highest scholarships in the Direct Second Year BTech program.

MIT World Peace University is currently accepting online admissions applications to its industry-acclaimed BTech programs. To apply for 2020, click here.

Please note that the BTech admission at MIT Pune, Kothrud (MIT-WPU) is done via separate application process and NOT through DTE CAP rounds. The last date to apply for this program is 6th December 2020.

Saft reinforces its position in India with the launch of Saft Urja brand

 

• Saft Urja, Urja meaning energy in Sanskrit is the new name replacing Amco Saft and shows the spirit of Saft and its commitment to India.
• In 2021, Saft India will increase its production capacity by 20%, enhance its work force at its design office and launch new industrial battery products for India region.

Bengaluru, 11th December 2020 : Saft is launching the Saft Urja brand as the new name for its products manufactured and sold from its subsidiary in India. Adding to its existing product portfolio, Saft India is further gearing up to introduce new products for maintenance-free industrial applications and off-grid solar applications, showing its commitment to sustainability through innovative approaches and reliable renewable energy.

Franck Cecchi, Executive Vice President for Saft’s Industrial Standby business, says: “India is strategically important and exciting for Saft. We have a strong presence here and we’ve built up a solid brand awareness over the past 14 years now. India benefits from a high potential fast-growing battery market, with average annual estimate growth of 9% in the coming five years.”

Arindam Majumdar, Chief Executive Officer of Saft India adds: “We are confident for the future. Urja means energy in Sanskrit, so by branding our products under the name of Saft Urja, we are reflecting the spirit of the country and showing Saft’s positive energy.”

To leverage on the “Make in India” program driven by the Indian Government, Saft India is extending the production capacity by 20% at its factory in Bangalore. The site follows the quality standards and procedures established across all Saft’s plants throughout the globe. Those standards provide high reliability and efficient operation for the Indian market.

Saft India is a trusted manufacturer of nickel technology battery systems for industrial power backup, utilities, oil and gas, railways and metro operators in India. Many of those batteries operate in difficult and demanding conditions, for example, at subzero temperatures in the Himalayas (Leh Ladakh, Jammu and Kashmir), in hot climates of the Thar and Kutch deserts and in hot and humid conditions of the western and eastern coasts.

About Saft   

Saft specializes in advanced technology battery solutions for industry, from the design and development to the production, customization and service provision. For 100 years, Saft’s longer-lasting batteries and systems have provided critical safety applications, back-up power and propulsion for our customers. Our innovative, safe and reliable technology delivers high performance on land, at sea, in the air and in space. Saft is powering industry and smarter cities, while providing critical back-up functionality in remote and harsh environments from the Arctic Circle to the Sahara Desert. Saft is a wholly-owned subsidiary of Total, a leading international oil and gas company and a major player in renewables and electricity. 

We energize the world.  www.saftbatteries.com 

       

PayPoint launches “e-gold for the under-served rural families”

• Individuals can start investing in 22 Carat e-Gold for as low as Rs. 500, without opening a Demat account
• Tech-unsavvy customers can easily invest in e-Gold with guided assistance from retail or Kirana stores associated with PayPoint India.

Bengaluru, 9th December 2020 : While there are multiple ways to purchase gold, one that has become increasingly popular in urban India is e-Gold or Digital Gold. However, in the rural market, the demand for e-Gold remains sluggish due to low digital literacy and awareness.



In light of these gaps, PayPoint has launched an “e-Gold facility” on its platform – a network of more than 48,000 last-mile physical stores - to make the investment process simpler and safer for rural families. The initiative is for tech-unsavvy customers to conveniently buy and sell e-gold with guided assistance from PayPoint store staff. Individuals can invest in 22-Carat gold for as low as Rs. 500.



E-gold enables the purchase of non-physical or digital gold in small quantities, that too, without opening a Demat account. Hence, customers can avoid the downsides of buying physical gold – such as identifying physical gold's legitimacy & purity, high-ticket size, safekeeping, storage problems and others.



On the other hand, once an individual buys e-Gold from nearby retail or Kirana stores associated with PayPoint, an equivalent amount of physical gold is purchased and stored in government-approved secured vaults on behalf of the customer. Additionally, Axis bank is the trustee of these vaults. These are the measures put in place to safeguard the interests of the customers.



Commenting on the development, Ketan Doshi, Managing Director of PayPoint India, said, "The cost of owning physical gold in the form of bars, coins or jewelry is high, as gold is trading at around 5,100 per gram currently. Thus, we aim to take the concept of e-Gold to the last-mile with small denomination investment, thereby encourage lower-income households to opt for regular micro-savings.



"In today's unprecedented times, when COVID-19 is ravaging the world, the need for security has come to the fore. With e-Gold SIPs, individuals can gradually build their assets even with limited income and achieve a degree of financial security in the challenging times", he added.



During a pilot run with some retailers, PayPoint witnessed strong adoption from the customers opting for daily, weekly and monthly investments. Such a response has reinforced PayPoint's commitment to take financial products to the last mile.



PayPoint facilitates transparent pricing by allocating or redeeming investments at real-time bullion rates. With outstanding features of flexibility in buying, high liquidity, long-term horizon and safety, investment in e-Gold is indeed one of the best investment avenues for the customers at the bottom of the pyramid.





About PayPoint India Network Pvt. Ltd.

PayPoint is a technology-enabled Distribution network of Financial Services. The company's digitally connected network of 48000+ offline stores offers various Financial services like Banking (PMJDY accounts), micro ATM services, Wallets (Paypointz), Remittances, Bill payments, insurance, Merchant QR, and many more. Apart from Financial services, PayPoint also offers consumer services to the underserved like Travel booking, Recharges, Amazon assisted shopping, Gift Cards, etc. through its strong network of retail stores spread across the country. The company's retailer-driven assisted model helps customers make an informed decision for availing services from their trained partners and its digital platform.

PayPoint offers a bouquet of services through its plug-and-play platform. More than 100 Services providers are plugged into the company's system and interact with them on a real-time basis catering to more than 4 million customers month on month. The primary objective is to bridge the financial inclusion gap between developed urban India and under-served rural India.

For more information, please visit: paypointindia.com

Harvard University Announces Fund from Vijay Shekhar Sharma for Lakshmi Mittal and Family South Asia Institute

Bengaluru, 7th December 2020 : Harvard University is delighted to announce a new gift from India’s Vijay Shekhar Sharma, which will support the activities and research performed by the Lakshmi Mittal and Family South Asia Institute (LMSAI). With this gift, every year two bright and promising students from India would receive a scholarship to pursue their research at Harvard and work towards transforming the lives of millions in India and abroad.


By enabling scholars from South Asia to work in a cross-disciplinary fashion with faculty, researchers, and students across Harvard on critical questions and issues related to the region, Sharma’s gift will significantly enhance the goals of the Institute to deepen the teaching and research on significant cultural and global issues related to South Asia.

“Recent months have confirmed that the most pressing societal challenges are global in nature,” said University Provost Alan Garber. “We are deeply grateful to Vijay Shekhar Sharma. Through his generosity, he has affirmed our shared commitment to advancing cross-disciplinary research and learning in our interconnected world. His vision for a more collaborative future has never been timelier. We are proud to partner with him.”

“Further expanding Harvard’s work and partnerships in India is a major priority for the University,” said Vice Provost for International Affairs Mark Elliott. “This fund, which will provide leading South Asian scholars in all fields with new opportunities to pursue their research at Harvard, will bring benefits to them and their home institutions as well as to the Harvard community. In this way, this new program will do much to strengthen and broaden the kinds of academic connections we depend upon to help deepen our engagement with South Asian partners and to advance our academic mission globally,” he continued.

Vijay Shekhar Sharma is the Founder CEO of India's largest payments company, Paytm. He has played a critical role in developing the mobile payments and digital age financial services ecosystem in India. A strong believer in the power of technology to uplift underserved, Sharma founded Paytm in August 2010. Paytm counts Alibaba, Ant Group, Softbank and Berkshire Hathaway as its shareholders. He has a bachelor's degree in electronics and communications from the Delhi College of Engineering.

"I believe that good education can change an individual's life in the most profound ways. My father, who was a teacher, believed that the world can be positively changed through education. His teachings are my inspiration to make this contribution to Harvard University. Harvard’s integrity, diversity, and commitment to excellence are exemplary. I hope this gift will help future leaders attain the global vision that would help in transforming the lives of millions for the better in India and beyond,” said Vijay Shekhar Sharma.

Sharma has seen firsthand the transformational powers of education. Inspired by the work of his father, he has helped students in their pursuit of a promising future through his support for several foundations that assist the educational pursuits of thousands of students. Additionally, Sharma has been named the UN Environment's “Patron for Clean Air,” where he helps to drive greater environmental action and awareness, and advocates for the goals of UN Environment's global “BreatheLife” campaign.

Tarun Khanna, Director of the Lakshmi Mittal and Family South Asia Institute and Jorge Paulo Lemann Professor at the Harvard Business School, highlighted the importance of creating a robust platform for knowledge-sharing, connecting those who may not otherwise have had the chance to interact. “We continue to increase the number of interdisciplinary programs and fellowships offered at the Mittal Institute, welcoming scholars of South Asia to share their research and partner with Harvard’s faculty and students. Thanks to Vijay’s generosity, we move closer to a critical mass of diverse perspectives and ideas at the Institute that deepen the world’s understanding of South Asia, from all disciplines and angles,” he said.

Each year, the Mittal Institute supports the research endeavors of numerous scholars from South Asia, providing them with opportunities to interact with Harvard’s faculty, students, and larger community for knowledge-sharing and the potential formation of new research partnerships. “This gift from Vijay will make it possible for young scholars of South Asia — who may have limited access to resources, but are highly talented — to have the opportunity to engage with the intellectual community at Harvard in ways that would make a lasting impact on their personal and professional development,” said Meena Hewett, Executive Director of the Mittal Institute.

With this generous gift, the Mittal Institute will continue to build its hub of scholars across all disciplines to further enrich the understanding of South Asia both in Cambridge and abroad.

JALAN KALROCK CONSORTIUM ANNOUNCES “REVIVAL OF JET AIRWAYS”

Bengaluru, 7th December 2020 : Consortium led by Mr. Murari Lal Jalan and Kalrock Capital, has announced the revival of India's premier airline – Jet Airways as a full-service carrier. The Jet 2.0 program is aimed at reviving the past glory of Jet Airways, with a fresh set of processes and systems to ensure greater efficiency and productivity across all routes. As per the resolution plan, Jet Airways intends to operate all of its historic domestic slots in India and restart international operations. If everything goes as per plan and the Consortium receives the NCLT and regulatory approvals on time, Jet Airways would be back in the skies by the Summer of 2021.



The Consortium's vision is to regain the lost ground, set new benchmarks for the airline industry with the tag of being the best corporate full-service airline operating on domestic and international routes. The Jet 2.0 hubs will remain Delhi, Mumbai, and Bengaluru like before. The revival plan proposes to support Tier 2 and Tier 3 cities by creating sub-hubs in such cities. This would boost the economy in these cities, help Jet Airways stand back on its feet fast, and support the overall vision of the Indian Government to promote aviation business through Tier 2/ Tier 3 Cities in India.



In addition, the Consortium's vision for Jet 2.0 includes plan to increase cargo services to include dedicated freighter service, a market currently underserved by any Indian carrier. Given India’s position as a leading centre for global vaccine manufacture, cargo services have never been more required.



The Consortium had evaluated the option of starting a new airline but some of the inherent strengths of Jet Airways like the optimal flight slots, brand value and reputation for best-in-class inflight service and safety, giving Jet 2.0 an edge over others, were too tempting to resist. The Consortium decided that it would be advantageous to re-energise and start Jet Airways on a clean slate with an established brand.



Commenting on the revival of the airline, Mr. Manoj Narender Madnani, Board Member of Jalan Kalrock Consortium said, “Jet Airways has been a brand with a glorious history of over 25 years, and it is the vision of the Consortium to put Jet Airways back in the skies at the earliest opportunity. We aim to re-energise the brand by infusing energy, warmth, and vibrancy into it while making it bigger and better. Over the years, the brand has created loyal customers and we wish to bring in freshness by adding value – an Indian brand with a global outlook, warm yet professional which symbolises the New India, Young India. With the revival of Jet Airways, it will restore the confidence among the Jet customers to fly again and experience its world class facilities.”



Jet Airways is a well-known household aviation brand in India and the oldest private airline with an operating history spanning more than 25 years. The aviation sector was deeply hit by COVID-19, but that helped the sector as it underwent substantial correction and created that opportune time for the Consortium members to enter the sector. The Consortium's biggest strength is human capital, and it is putting together the best of aviation professionals with Global experience for running and managing the operations of Jet 2.0.

Global Streaming Service Starz Launches Premium Direct to Consumer OTT App ‘Lionsgate Play’ in India

 



Bengaluru, 2nd December 2020 : Starz, one of the leading premium global streaming platforms, has launched its independent direct to consumer OTT app ‘Lionsgate Play’ in India, the company announced today at a virtual press conference in the presence of Mr. Jeffrey A. Hirsch, President and Chief Executive Officer, Starz and Mr. Rohit Jain, Managing Director, Lionsgate South Asia. Building on its reputation for disruption, Lionsgate Play is committed to innovation in its content, technology, pricing, and accessibility by making premium Hollywood content available in multiple Indian languages.

The service has launched with a new price point in India, making the app available as part of two subscription models, INR 699 for a year and INR 99 per month, attractive price points that give Indian consumers the opportunity to enjoy the best of global entertainment affordably and at their convenience. In India the app will be available to download across a broad array of platforms and devices including Google Play store, Apple app store and Amazon firestick.

Starz first launched internationally with its Starzplay international premium streaming platform in 2018. This month it will expand its global footprint into 55 countries throughout Europe, Latin America, Canada, Japan and India, scaling to become one of the most widely distributed and fastest growing premium OTT services worldwide while entertaining millions of users with bold and curated content.

The platform anticipates continued strong growth in the Indian OTT ecosystem and is capitalizing on this opportunity by bringing a host of new, provocative, and edgy movies and web series to India with the launch of direct to consumer video streaming service Lionsgate Play.

The Lionsgate Play app features a broad portfolio of content ranging from the best of original feature film and television dramas, romances, comedies, thrillers and action favourites and premieres, bringing world cinema and television series directly to Indian audiences.

New content available at launch includes:

- The Anna Kendrick starrer Love Life, a fresh take on a romantic comedy anthology series about the journey from first love to lasting love.

- No Man’s Land a Syrian civil war series that resonates with relatable themes like first love, fear of loss and family sacrifice set against the backdrop of war; and

- The Goes Wrong Show, a laugh out loud comedy series with each episode having a different theme, including a period romance, spy thriller, a Deep South melodrama, and a Christmas fable.



The streaming giant will also premiere movies such as the Jennifer Lopez starrer Hustlers, Gerald Butler’s action thriller Angel Has Fallen, the fantasy thriller Hellboy, and the action comedy The Gentlemen, starring Matthew McConaughey, Colin Farrell and Hugh Grant, just to name a few, with something for every audience.

Commenting on the launch Mr. Jeffrey A. Hirsch, President and Chief Executive Officer, Starz said, “India has always been a key market for us. The large and diverse population, increased data usage in urban and rural markets, and adoption of OTT across all demographics created an exciting opportunity for us to launch Lionsgate Play. We’re confident that our unique, exclusive and exceptionally curated content will generate a great response from Indian audiences.”

Mr. Rohit Jain, Managing Director, Lionsgate South Asia, added, “We are thrilled to launch the much-awaited Lionsgate Play app in India. We want to provide the finest, never seen before content that will captivate our audiences with bespoke entertainment drawing on the most exciting current releases and our premium library.”

“We will also be launching Indian originals in the coming months, featuring untold edgy urban stories from some of the best creative minds in the Indian film industry” continued Mr. Jain. “And we will continue our Lionsgate Play journey by adding to our deep roster of premium content through partnerships with exciting millennial stars like Kriti Sanon, Tiger Shroff and Sanjana Sanghi increasing the breadth and scope of entertainment for our subscribers.”