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Appy Pie Unveils Breakthrough Generative AI Model ‘Flawless Text’

Appy Pie Unveils Breakthrough Generative AI Model ‘Flawless Text’

New Delhi [India], October 3: Appy Pie Design, a leading AI-driven graphic design platform, has introduced a breakthrough addition to its AI image generator models–the “Flawless Text”. This enhancement to the AI Design Generator addresses a common challenge AI-powered image generators face: generating clear, accurate, and contextually appropriate text within images.

Until now, AI-generated images with text have suffered from misspelled words, distorted characters, or inconsistent text placements, making it difficult for users to rely on these tools for professional projects. With Appy Pie’s new model, users can now create images with perfectly legible and accurate text every time.

This advancement brings several notable benefits. It ensures error-free, readable text that integrates seamlessly within images. The model’s enhanced accuracy guarantees that the text aligns perfectly with the visual context, ensuring a professional and polished result. This level of professionalism will instill confidence in users, making it ideal for a wide range of applications, including the creation of graphics with headlines, promotional banners, or any other content where accurate text representation is essential. You can also run this model on your application with seamless integration through the Flawless Text API for ultimate control and precision.

“Our team has been working tirelessly to improve the accuracy of text in AI-generated images,” said Abhinav Girdhar, CEO of Appy Pie. “With this new advancement, we are setting a new industry standard by ensuring that the text generated by our models is error-free.”

Appy Pie’s AI image generator has been a game-changer, empowering diverse users from entrepreneurs and marketers to graphic designers. The new ‘Flawless Text’ model further enhances the platform’s capabilities, giving users even greater control over their creative output. This innovation will particularly benefit those seeking to produce marketing materials, social media graphics, or branding assets where text accuracy is essential, making them feel more in control of their projects.

About Appy Pie

Appy Pie, a Trademark of Appy Pie LLP, is a leading global platform offering a suite of no-code, AI-powered tools, including an app builder, website builder, workflow automation platform, graphic design software, chatbot builder, help desk software, and live chat software, to help businesses and individuals design, build, and automate. With a user-friendly interface and a wide range of customizable templates, Appy Pie empowers users to create professional-grade applications, websites, and automations without any coding expertise. From entrepreneurs to established enterprises, Appy Pie caters to diverse needs by providing innovative solutions for various industries.

For more information, please visit: https://www.appypie.com/design

Media Contact

Abhinav Girdhar

sales@appypie.com

+1 888 322 7617

Manali Marathon 2.0: A Testament to Resilience and Community Spirit

Manali Marathon 2.0: A Testament to Resilience and Community Spirit

Manali, Himachal Pradesh, India – September 28-29: The Manali Marathon 2.0 concluded triumphantly, solidifying its position as one of India’s premier running events. Held on September 29, the marathon saw 659 runners from across India and globe-trotting enthusiasts participate.

Rebuilding and Revitalizing Tourism

Conceived in response to the devastating 2023 floods, the Manali Marathon aimed to showcase the town’s resilience and readiness to welcome tourists once again. This vision was brought to life through the unwavering support of:

– India Tourism

– Himachal Tourism

– Kullu Administration

– Kullu Police

– 1HP Air SQN NCC KULLU

Esteemed sponsors: Amul India, Airtel Bonn, Garuda, Pure White, Vivan Stays, Max Gro, Test Preg, Snow Clad Holidays, Central Adventure, i N Technologies, Adhpl and Danis Hardware

Key Highlights:

– Distances: 1km, 5K, 10K, Half Marathon (21.1K), Full Marathon (42.2K), Ultra Marathon (100K)

– Scenic route through Manali’s landscapes to iconic Rohtang Pass

– Participation: 200+ runners from 20+ Indian states, 45 international runners from 5 countries

– Winner: Rigzin from Ladakh set a new record in the Rohtang Pass Ultra Challenge 100K (11 hours)

Organizer’s Quote:

Manali Marathon 2.0: surpassed our expectations. We’re thrilled to see the running community come together, pushing boundaries and promoting a healthy lifestyle. Our gratitude to participants, – Praveen Sood (Pintu), President, Himalayan Xtreme

Community Impact:

– Promoted tourism and economic growth

– Encouraged healthy living and fitness

– Manali cleaniness drive with NCC Cadets

– Fostered community engagement and cultural exchange

Future Plans:

Manali Marathon 3.0 will feature trail running events, further solidifying Manali’s position as a world-class running destination.

Join the Journey:

Stay updated on Manali Marathon 3.0 and be part of this incredible journey!

Visit manalimarathon.org for more information.

Follow on social media: Facebook @HimalayanXtreme, Instagram @manalimarathon.

Arafath Sheikh, 12-Year-Old Karting Sensation from Pune, Wins Rotax Max National Championships; Set to Represent India at World Finals in Sarno, Italy

Arafath Sheikh, 12-Year-Old Karting Sensation from Pune, Wins Rotax Max National Championships; Set to Represent India at World Finals in Sarno, Italy

Pune (Maharashtra) [India], October 3: Crest Motorsports is thrilled to announce that Arafath Sheikh, a remarkable 12-year-old karting prodigy from Pune, has emerged victorious in the Rotax Max National Championships. His impressive win not only showcases his talent but also secures his spot to represent India at the prestigious World Finals taking place from October 18 to October 26 in Sarno, Italy.

Arafath’s journey to the top was anything but easy. Over the past six months, he faced tough competition across five rounds of high-stakes kart racing. His unwavering dedication, consistent fitness training, sim training and relentless pursuit of excellence have culminated in making him the fastest go-kart race driver in the country today.

Mentored by his father, Sayeed Sheikh, who shares a deep passion for motorsports, Arafath has honed his skills at Pune Kartdrome, a race track owned by his father. Under his father’s guidance, Arafath has developed into an exceptional driver and recently made history as the youngest driver to race for the Mumbai Falcons Racing Team, where he clinched their first championship in karting. His extraordinary talent has garnered him as a fully sponsored driver and the Indian hopes for next formula driver, paving the way for a promising future in motorsports with Mumbai Falcons a 4 times UAE champions in formula racing.

Arafath Sheikh’s impressive track record includes an astonishing 27 national podiums and 5 international podiums. He has been 3 times micro vice- champion and 1 time okj vice champion.Notably, he is recognized as the youngest Asian driver to begin racing at the tender age of 6. Starting his racing career in the Bambino category in the UAE, Arafath has maintained an unbroken trajectory in the world of competitive karting ever since.

Arafath current coach and head tunner Paul Carr(Age 67) had come to provide assistance from the UK .He has worked with 21 formula 1 drivers in the past as well including big names as lando norris. Suresh and Nizam were directly involved with Paul Carr for getting Arafath win this national championships.

As he prepares for the World Finals in Sarno, Arafath is eager to showcase his skills on the international stage and make India proud. The entire Motorsports family and his supporters & sponsors are excited to cheer him on as he embarks on this incredible journey for the world finals.

Speaking to arafath he would also like to thank The Bishop’s school camp for their support and blessings. His nutrition expert Aruna Prasad and physical trainer Dr Moses.

Join us in wishing Arafath Sheikh all the best at the World Finals as he represents team India on the global karting stage!

Major Boost to India’s Web3 Sector: Crewsphere Launches Web3 Sankalp Tour Across Major Cities

Major Boost to India’s Web3 Sector: Crewsphere Launches Web3 Sankalp Tour Across Major Cities

New Delhi [India], October 1: In a significant move to bolster India’s growing Web3 ecosystem, ICP India Hub Crewsphere has launched the highly anticipated Web3 Sankalp Tour 2024. Set to take place across six of the country’s most prominent cities–Mumbai, Delhi, Bangalore, Chandigarh, Hyderabad, and Chennai–the tour promises to be a game-changer in democratizing Web 3.0 education and fostering innovation among the next generation of developers.

As India cements its position as a global leader in cryptocurrency adoption, Crewsphere’s initiative offers a timely and much-needed boost to the country’s Web3 sector. The Web3 Sankalp Tour is designed to bridge the knowledge gap that still exists for many students and aspiring developers, particularly those outside major metropolitan areas. By bringing intensive, hands-on blockchain training to different regions, Crewsphere aims to equip participants with practical skills in Internet Computer Protocol (ICP) development, one of the most advanced blockchain technologies available today.

This tour is not just another event on the Web3 calendar; it’s a strategic initiative aimed at empowering students and young professionals across India to become key players in the Web3 space. As Crewsphere co-founder Bandhul Bansal explains, “The Web3 Sankalp Tour is our commitment to making Web3 education accessible to all. We believe that innovation in this sector should not be limited to a few tech hubs but spread across the country to create a more inclusive and collaborative ecosystem.”

The tour will feature in-depth workshops and bootcamps, providing participants with a hands-on understanding of Internet Computer Protocol technology. These sessions are designed to move beyond theory and give students a concrete understanding of how Web3 can be applied in real-world scenarios. From decentralized finance to supply chain solutions, the focus will be on helping participants not just learn but also innovate, using the power of Web3.

Deepak Goyal, co-founder of Crewsphere, emphasized the practical nature of the tour. “Our goal is to empower students with the tools they need to thrive in the decentralized tech landscape. The Web3 Sankalp Tour is about giving participants real-world skills that will help them not only understand blockchain but also apply it in meaningful ways,” he said.

The Web3 Sankalp Tour is expected to play a crucial role in expanding India’s Web3 capabilities, especially as the country’s crypto adoption continues to soar. While India is already recognized as a leader in Web3, thanks to a strong grassroots movement, initiatives like the Web3 Sankalp Tour are essential to sustaining and accelerating this growth. By investing in the education of future Web3 developers, Crewsphere is helping ensure that India remains at the forefront of global Web3 innovation.

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Mobius Foundation and Environment Law & Development Foundation host impactful panel on climate liability and justice

Mobius Foundation and Environment Law & Development Foundation host impactful panel on climate liability and justice

New Delhi [India], October 1: The Mobius Foundation, in collaboration with the Environment Law & Development Foundation, successfully convened a significant panel discussion titled “Climate Liability, Justice, and Jurisprudence” on September 27, 2024, at Travancore House, New Delhi. The event addressed the urgent need for accountability and robust legal frameworks in response to escalating climate crises worldwide.

The esteemed panel featured prominent speakers, including:

  • HMJ Hima Kohli, Former Judge, Supreme Court of India (Chief Guest).
  • Dr Afroz Ahmad, Expert Member, National Green Tribunal (Guest of Honour).
  • Chandra Bhushan, President & CEO, International Forum for Environment, Sustainability and Technology (Special Guest).
  • Sanjay Upadhyay, Senior Advocate and Honorary Managing Trustee, ELD Foundation.
  • Praveen Garg, IAS (Retd.), Former Special Secretary, MoEF&CC and President, Mobius Foundation.

The panel was expertly moderated by Jatinder Jay Cheema, a Projects, Energy, and Natural Resources lawyer.

Key Discussion Highlights:

The panel critically examined the intersections of climate change liability and legal frameworks, focusing on the following key themes:

1. Climate Liability: Exploring accountability mechanisms for governments, NGOs, corporations, and individuals in the Indian context.

2. Climate Justice: Discussing the disproportionate impacts of climate change on vulnerable and marginalized communities.

3. Evolving Jurisprudence: Reviewing landmark cases and innovative judicial approaches in climate litigation within the Indian legal system.

Speaker Insights:

HMJ Hima Kohli emphasized the urgency of addressing climate change, stating, “The increasing frequency of extreme weather events, melting glaciers, rising sea levels, and the loss of biodiversity underscore the crisis we face. It is imperative that we, as a society, recognize the multifaceted nature of this challenge. The solutions must integrate legal and political frameworks alongside scientific advancements, ensuring that every stakeholder is held accountable for their role in combating climate change.”

Dr Afroz Ahmad highlighted the staggering impact of fly ash, stating, “Globally, around 800 million tons of fly ash are generated, with India contributing approximately 180 million tons. This not only poses environmental hazards but also highlights the pressing need for stringent regulatory measures and innovative solutions. We must focus on sustainable practices that not only mitigate this waste but also harness its potential in a manner that benefits society.”

Chandra Bhushan stressed the need to navigate the complex relationship between environmental conservation and community displacement. He remarked, “The pursuit of sustainability often leads to conflicts, particularly for marginalized communities. We must recognize that our environmental policies must be inclusive, addressing the rights and needs of those who are most affected. True sustainability requires a holistic approach that balances ecological preservation with social justice.”

Sanjay Upadhyay called for the integration of climate liability into Indian law, advocating for a comprehensive legal framework grounded in sound principles. He stated, “We need to approach climate liability with a sense of urgency and responsibility. It is crucial that our legal frameworks reflect the realities of climate change, ensuring justice for those affected. An overarching law is essential, and it must be informed by both legal expertise and practical considerations, ensuring that we are prepared for future challenges.”

Praveen Garg said, we should strive to build a future wherein no community bears a disproportionate burden of the climate crisis, the future where the dignity and rights of all people are protected and where we live in harmony with ecosystems which sustain us.

The approach should be to have an overarching but well-thought-out law on climate change. There is a need to shift of population that is sitting on small agricultural land holdings, which can be brought about by quality education and skill development in emerging sectors.

In conclusion, the Mobius Foundation and the Environment Law & Development Foundation invited all stakeholders to continue engaging in discussions around climate liability and justice, emphasizing the importance of youth involvement in this critical dialogue.

For more information about the event and future initiatives, please contact: info@mobiusf.org

Mobius Foundation

www.mobiusf.org.

NatAura® – Where Natural Secrets Meet Modern Skincare Science

NatAura® – Where Natural Secrets Meet Modern Skincare Science

NatAura was born out of a desire to reconnect with the beauty rituals passed down through generations, says (Sumeet and Vishal) the Founder of NatAura Skincare. We are a brand where raw and natural beauty is embraced. Our brand believes that the secret to true beauty lies in the purity of nature. Every ingredient is handpicked, ensuring that every product we create is infused with nature’s aura. The core ideology that sets NatAura apart is the idea that beauty is not something you ‘Achieve’, but something that’s already within you and needs to be Uncovered.

Journey from Nature’s Aura to Indian Skincare

Our mission is to empower individuals to feel confident in their natural skin and embrace it with our high-quality plant-driven natural products, promoting healthy and radiant skin for all genders, ages and skin types.

NatAura is a blend of innovation, quality, and commitment to skin wellness which aims to empower individuals to feel confident in their skin.

Encouraging users to make NatAura a regular part of their Skin Regimen

We are more than just a skincare brand, we are a movement of conscious brands which focuses on reflecting sustainability and reducing carbon footprint. Our brand NatAura started to break the societal standards of ‘Desirable Beauty’.We believe in nourishing your skin with nature’s touch for a radiant, cheerful glow.

Crafted for Long-Term Benefits

NatAura is more than a skincare brand—it’s a philosophy. We celebrate the power of nature to deliver real, long-lasting results. We believe in the philosophy of “Raw Beauty,” where consistency and patience lead to healthier, radiant skin. Our products are crafted using sustainably sourced, natural ingredients that are gentle on the skin and the environment. We are committed to ethical practices, ensuring our products are cruelty-free, eco-friendly, and packed with skin-loving nutrients to nurture your skin over time.

Our product range is formulated to work in harmony with your skin’s natural rhythm. Whether it’s restoring moisture, calming irritation, or

boosting your skin’s glow, our products provide long-lasting benefits for all skin types.

A Range of Products for Every Skin:

NatAura® provides a diverse selection of carefully curated products suitable for all skin types, designed to seamlessly fit into your daily skincare routine.

Body Lotion

  • All Season Body Lotion: A body lotion for all seasons, providing deep nourishment and antioxidant protection despite being gentle on the skin, made with natural ingredients like Avocado, Hibiscus and Aloe
  • Niacinamide Body Serum Lotion: Lightweight and non-greasy Body Serum Lotion to protect against environmental damage, infused with nature’s goodness like Witch Hazel, Allantoin and

Face Range

  • Glutathione Facial Cleanser: Glutathione Face Cleanser provides intense hydration, skin brightening, and oil control. It makes skin hydrate and is infused with Hyaluronic Acid, Glutathione and
  • Coffee Face Scrub: Face scrub with Shea Butter and Allantoin, offering gentle exfoliation and deep moisturization. It is infused with natural ingredients Coffee Beans, Shea Butter and
  • Aqua Sunscreen Gel: Sunscreen gel with Niacinamide and Hyaluronic Acid provides non-sticky protection from sun It gives 50 SPF protection from the harmful UV rays.

Body Oil

  • Vitamin E Bath & Body Oil: Vitamin E Bath and Body Oil for soft and silky skin. It provides intense hydration and helps remove scars, infused with Olive Oil and Vitamin
  • Oudh & Green Tea Bath & Body Oil: After bath and massage oil for skin nourishment, hydration, and a natural glow, made with natural ingredients Coconut, Apricot and

Serum

  • Intelligent Ageing Serum: Anti-aging serum that boosts collagen, restores vitality, and reduces wrinkles and fine lines, made with natural ingredients Manjistha, Hibiscus and
  • Kumkumadi Gold Face Serum: Natural and organic oils for moisturizing, glowing, and pigmentation control, incorporated with Saffron, Turmeric Extract and 24K Gold
  • Vitamin C Serum with Hyaluronic Acid: 10% Vitamin C serum gives you a glowing face, helps with hyperpigmentation; removes blemishes, acne marks, and tanning, made with Hyaluronic Acid, Allantoin, and Witch

Lip Range

  • Lip Balm Beeswax & Vitamin E: Lip Balm with Beeswax and Vitamin E that provides protection and hydration for your lips, infused with Coconut, Beeswax and Vitamin
  • Lip Serum: A protective and regenerative Lip Serum perfect for daily use. It contains Vitamins A and E for soft, nourished lips as well as SPF 15 for sun protection, infused with Coconut, Sunflower Oil and Vitamin

Our Values

  • We believe in nourishing your skin with nature’s touch for a radiant, cheerful
  • Every bottle reflects our
  • Authenticity at our core: delivering pure, genuine skincare you can
  • Embracing inclusivity: because every skin deserves the best

Available on Our Website and Leading Platforms

NatAura® brings luxury skincare to your doorstep, making it accessible for everyone. You can explore and purchase NatAura®’s range directly from their official website, www.nataura.co.in, or on leading e-commerce platforms like Amazon, and Flipkart—making it easier than ever to incorporate these premium products into your daily routine.

The Future of Skincare, Today

In a world of changing trends, NatAura® is here to make a difference in the habits of everyone’s skincare regimen, with naturally curated methods with a blend of modern science.

BharatLoan Goes Live with Scienaptic Credit BRE Platform’s Account Aggregator

BharatLoan Goes Live with Scienaptic Credit BRE Platform’s Account Aggregator

Bangalore (Karnataka) [India]/ New York [US], September 30: Leading global AI-powered credit underwriting platform provider Scienaptic AI announced today that BharatLoan has completed implementation and is live on its credit BRE platform and Account Aggregator journey. This deployment is enabling faster and augmented loan decisioning process, fostering quicker access to credit for underserved individuals.

BharatLoan is a FinTech & RBI registered NBFC established to address the credit needs of salaried professionals who didn’t qualify for loans at traditional banks and financial institutions. It aims to integrate these individuals into the formal credit ecosystem. For those who find it hard to get loans from conventional lenders and those new to credit, BharatLoan has become one of India’s most recognized platforms for advanced lending solutions.

The deployment leverages Scienaptic BRE’s frictionless Account Aggregator journey, which securely retrieves bank statement data with customer consent. Scienaptic’s credit decisioning engine then aggregates key variables to derive critical ratios and risk insights from this data. This process enables BharatLoan to digitize the underwriting of small-ticket loans by providing intelligent income insights, streamlining their operations, and improving access to credit.

“At BharatLoan, we are transforming access to credit by offering swift solutions for credit needs,” said Rishi Kapoor, Board Advisor at BharatLoan. “We understand that customers require rapid, tailored responses, and Scienaptic’s BRE with smart AA analytics is positioning us as a trusted provider of loans for the underserved. The platform allows us to access Account Aggregator solution and bank data in real-time, significantly boosting the speed, efficiency, and accuracy of our lending decisions.”

Joydip Gupta, APAC Head of Scienaptic, added, “We are excited to deploy our Account Aggregator analytics solution for BharatLoan, helping address the evolving financing needs in India. The frictionless data integrations in our BRE significantly reduce the underwriting turnaround time compared to traditional loan assessment methods, enabling faster market response, greater automation, and more informed lending decisions.”

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The Federation of Indian Publishers Gears Up for the 44th Awards for Excellence in Book Production 2024

The Federation of Indian Publishers Gears Up for the 44th Awards for Excellence in Book Production 2024

New Delhi, September 28, 2024 — The Federation of Indian Publishers (FIP) is set to host the prestigious 44th Awards for Excellence in Book Production on Monday, September 30, 2024, in New Delhi. This annual event celebrates and recognises the exceptional efforts of publishers across the country, showcasing the finest in book production and craftsmanship.

About the Awards

Established over four decades ago, the FIP instituted the Awards for Excellence in Book Production to promote internationally comparable standards in book production. The awards have continually acknowledged and honoured the diverse contributions of publishers throughout India. This esteemed competition aims to inspire publishers to elevate book production quality, encompassing physical attributes like paper, printing, and binding and the crucial elements of design, typography, layout, and overall readability.

Indian publishers take immense pride in producing literary materials that meet global standards. The FIP Annual Awards are the only national awards within the book industry, drawing an overwhelming response from publishers nationwide.

Distinguished Guests

Two eminent personalities will grace the awards ceremony:

  • Smriti Zubin Irani, a notable politician, former cabinet minister, acclaimed author, and celebrity, will present the awards, bringing her extensive experience and influence to the event.
  • Hon’ble Justice Ms Hema Kohli, Former Judge of the Supreme Court of India, will also grace the occasion, underscoring the significance of this event within the literary and judicial communities.

Award Categories

In addition to recognising outstanding publishers, the FIP will honour notable individuals with the ‘Friends of Publishing’ title. This award acknowledges those who have made significant contributions to the advancement of the publishing industry. Furthermore, the FIP will present Outstanding Publisher Awards in various categories, celebrating excellence across different publishing segments.

Shri Pranav Gupta, General Secretary of the Federation of Indian Publishers, remarked, “These annual awards are the flagship awards hosted by the Federation of Indian Publishers. They are not just awarded to FIP members but extend to publishers from all across India. These awards are a testament to the best publishing talent and the finest literary resources curated by our fellow publishers.”

Importance of the Event

The 44th Awards for Excellence in Book Production are essential to the Indian publishing community. As the industry continues to evolve in the face of digital transformations and changing consumer preferences, recognising exemplary work fosters a culture of quality and innovation. By honouring the achievements of publishers, the FIP aims to encourage others to strive for excellence, ultimately enriching the literary landscape of India.

The awards also serve as a platform for networking and collaboration among industry stakeholders. Publishers, authors, designers, and other literary professionals will have the opportunity to connect, share ideas, and explore potential partnerships, reinforcing the collective goal of enhancing the quality of published works in the country.

FIP: The Voice of Indian Publishers

The Federation of Indian Publishers (FIP) is the representative body for publishers in English, Hindi, and various regional languages, encompassing membership across India. Representing over 80 percent of the publishing industry, the FIP is affiliated with the International Publishers Association in Geneva, serving as the sole representative body for Indian publishers. It comprises leading publishers and local associations, uniting them under a common objective to elevate the publishing standards in India.

The FIP plays a pivotal role in advocating for publishers’ interests, addressing industry challenges, and promoting initiatives that support literary growth. Through events like the Awards for Excellence in Book Production, the Federation recognises achievements and inspires continuous improvement within the industry.

Federation of Indian Publishers
Email: fippresident@gmail.com

Join us in celebrating excellence in book production and the individuals and organisations contributing to India’s vibrant literary culture!

Ashish Kacholia and associates lead investment round in Fermionic Design

Ashish Kacholia and associates lead investment round in Fermionic Design

Bengaluru based Fermionic Design Private Limited, a semiconductor chip design Company, has entered into an agreement to raise about INR 50 Crores / USD 6 million (in two tranches) in an investment round led by Ashish Kacholia and associates. Fermionic Design will use the funds to expand its product range within the domestic market and diversify into international markets.

Prime Securities Limited was the sole and exclusive Investment Banker to this transaction whereas S Dayma & Co was sole and exclusive legal and financial advisor to Ashish Kacholia and associates.

Fermionic Design is engaged in the business of design, development and commercialization of integrated chips/semiconductor chips used in diverse applications such as radars for defense, radio frequency-based communication, satellite communication, weather monitoring/forecasting, remote sensing, etc.

Ashish Kacholia of Lucky Investment Managers is a prominent investor in India, with an extensive portfolio in both listed and unlisted equities, as well as alternative asset classes.

Fermionic Team
Fermionic Team

Commenting on the deal, Mr. Ashish Kacholia said, “I and my associates are delighted to partner with young founders of Fermionic who are bringing cutting edge RF or Radio Frequency chips to the Indian defense and space establishments. These analog and mixed signal chips require deep tech skills which Fermionic has developed over time. These capabilities have been hitherto imported and Fermionic has developed best in class solutions to cater to Indian and global customers. This investment is made with the conviction that the Indian tech ecosystem has come of age and will create great value for India.”

Mr. Gautam Kumar Singh, CEO & Co-Founder of Fermionic Design, enthusiastically welcomed the new investors, stating, “We are truly honoured to welcome such esteemed and high-quality investors into the Fermionic family. Their confidence in our vision and capabilities is a strong validation of the innovative work we are doing in the semiconductor space. At Fermionic, we are developing cutting-edge RF (X/Ku/K/Ka Band Beamformer and FEM-ICs) and mixed-signal silicon platform ICs that address the advanced needs of AESA Radar systems, satcom, weather monitoring/forecasting, remote sensing, Maritime-Surveillance, telecom and consumer systems. We are deeply committed to building differentiated solutions that meet the system requirements of these specialized sectors and deliver high-performance results compared to available solutions in the market. This investment not only strengthens our capacity to accelerate product development but also fuels our ambitions to serve the global semiconductor landscape. We are excited about the path ahead and confident that with the support of our new partners, Fermionic will continue to set new benchmarks in building RF and mixed-signal IC products.”

Mr. Ganesh Agarwal, MD – M&A and PE at Prime Securities, delighted with this association, said, “The Indian semiconductor industry is set for a massive transformation driven by various government initiatives and large-scale investments from several corporates. We believe that Fermionic Design has developed cutting edge technology and products that will enable it to be at the forefront of this revolution and thus create significant value for all its stakeholders”.

U.S.-India Partnership for Fusion Energy Commercialization

U.S.-India Partnership for Fusion Energy Commercialization

Kronos Fusion Energy Announces Strategic U.S.-India Partnership to Revolutionize Global Fusion Energy Commercialization

Washington, D.C., September 25, 2024 – Kronos Fusion Energy, a pioneering leader in aneutronic fusion technology, proudly announces a landmark partnership with 11 major Indian companies to scale the commercialization of fusion energy. This strategic collaboration, unveiled during high-level U.S.-India bilateral discussions in Washington, D.C., will drive the production of over 100 fusion energy generators annually, beginning in 2035. The partnership marks a critical leap forward in delivering clean, limitless power on a global scale.

As global energy demands rise and the need for sustainable solutions becomes urgent, fusion energy is poised to be the cornerstone of the world’s energy future. Unlike traditional nuclear energy, fusion offers a path to safe, abundant, and clean energy without the drawbacks of radioactive waste or nuclear weaponization risks. With over 20,000 engineers and 800 scientists, Kronos Fusion Energy is leading the charge, and this U.S.-India partnership provides the necessary momentum to meet their ambitious goal of producing 100+ fusion energy generators per year, starting in 2035.

“Fusion energy is the only truly scalable and safe energy solution that can meet humanity’s growing needs without compromising the health of our planet,” said Priyanca Iyengar Ford, Founder & Executive Board Member of Kronos Fusion Energy. “If your fusion energy generator produces neutrons, you’re creating a nuclear byproduct that is not sustainable or safe. At Kronos, our mission is to deliver aneutronic fusion energy at less than $10/MWh, free from the risks of neutron radiation and weaponization. This U.S.-India partnership completes our global supply chain, allowing us to rapidly scale and produce 100+ fusion energy generators per year by 2035.”

Aneutronic Fusion: Addressing Regulatory Challenges and Reducing Risks

One of the key advantages of Kronos Fusion Energy’s proprietary aneutronic fusion technology is the significant reduction in regulatory hurdles compared to traditional nuclear reactors. In traditional nuclear energy, the production of neutrons results in radioactive byproducts, including tritium, which poses long-term environmental risks and the potential for nuclear weaponization.

By contrast, aneutronic fusion reactors, like those developed by Kronos, produce zero neutrons during their fusion process. The absence of neutrons eliminates the risk of nuclear weaponization and drastically reduces the creation of radioactive waste. Tritium, a common fuel used in many fusion reactors, is entirely absent from Kronos Fusion Energy’s fuel composition, further reducing the regulatory complexities associated with radioactive materials. These characteristics provide a clear regulatory path forward, allowing Kronos Fusion Energy to accelerate the deployment of its fusion generators globally.

“Our proprietary aneutronic reactors, which don’t produce neutrons or rely on tritium, significantly ease the regulatory burden typically associated with nuclear energy,” said Michael Laughlin, COO of Kronos Fusion Energy. “By removing the need for complex containment strategies and long-term waste storage, our generators provide clean, sustainable energy without the heavy regulatory footprint. This makes our technology not only safer but more economically feasible for widespread adoption.”

The combination of aneutronic fuel and direct energy conversion makes Kronos’ fusion generators a viable and scalable solution for regions where traditional nuclear reactors face high regulatory barriers, such as densely populated areas, industrial zones, and remote or off-grid locations. These benefits are expected to streamline the regulatory approval process across multiple countries, positioning Kronos as a leader in bringing fusion energy to the market.

For media inquiries or more information, please contact:

Andrea Romero
Tel: 213-985-7898
Email: andrea@sakuramarketingfirm.com
https://sakuramarketingfirm.com/

About Kronos Fusion Energy
Kronos Fusion Energy is pioneering aneutronic fusion energy technology, offering clean, limitless power for industrial, urban, and remote applications. With a focus on modular, scalable solutions and cutting-edge AI integration, Kronos Fusion Energy is driving the global commercialization of fusion energy systems. For more information, visit kronosfusionenergy.com.