Latest news with #NewsVoirMumbai
Business Standard
3 hours ago
- Business
- Business Standard
Universal Sompo Extends Insurance Coverage to Pets
NewsVoir Mumbai (Maharashtra) [India], June 28: Universal Sompo experiences a high demand for Pet Assure, a comprehensive and customisable pet insurance product tailored to meet the evolving needs of India's growing community of pet parents. Urban India is witnessing a dramatic shift in pet ownership trends, driven largely by Millennials and Gen Z. Now pets are no longer just companions but cherished as family members. This cultural transformation has fuelled rising demand for structured, preventive, and tech-enabled pet care solutions, particularly in Tier 1 cities, and increasingly across Tier 2 and Tier 3 regions. Pet Assure has been designed to support this growing responsibility by offering extensive coverage for pet dogs and cats aged between 3 months and 10 years. The policy includes protection for routine outpatient consultations, diagnostics, surgeries, critical illnesses, accidental injuries, and third-party liabilities. Optional benefits further extend to coverage for terminal diseases, pregnancy-related complications, dental care, post-treatment recovery, theft or loss, emergency pet minding, and even cremation expenses. Customers can choose from flexible sum insured options ranging from Rs. 10,000 to Rs. 2,00,000, with policy tenures of one to three years. Premiums start at an affordable Rs. 1499 per annum, making pet insurance accessible to a broad range of pet parents across the country. "Pets today are cherished family members and deserve the same level of healthcare and financial protection. With Pet Assure, we've built one of the most inclusive and customisable pet insurance offerings in the market," said the Pet Parents Fraternity at Universal Sompo. "This is a step toward not only meeting a growing market demand but also fulfilling our commitment to holistic customer well-being." Real-life testimonials already speak to its value. Mr. Jagrit Joshi, a pet parent working as a Digital Activations Lead, shared, "As veterinary costs and pet ownership in Indian cities surge, pet insurance is transitioning from luxury to a necessity. My pet dog, Coco, was unwell and advised diagnostic tests. Ultrasound findings revealed crystal formation and a cyst in the prostate, for which he underwent surgery. The Pet Parent Fraternity at Universal Sompo stood in strong support throughout and ensured timely settlement of all claims expenses." As pet tele-health services gain popularity and veterinary care grows more advanced, Universal Sompo's commitment and pet insurance offering is a timely and responsible initiative. More than just a financial safeguard, Pet Assure is a step toward redefining pet care in India, ensuring pet parents have peace of mind and their furry family members receive the care they deserve.
Business Standard
13 hours ago
- Business
- Business Standard
Former Oura CEO, Harpreet Singh Rai, Joins Loop to Accelerate Preventive Health Innovation
NewsVoir Mumbai (Maharashtra) [India], June 27: Loop, the insurance and healthcare company on a mission to add 20 healthy years to the lives of working Indians, has announced that Harpreet Singh Rai, former CEO of health-tracking pioneer Oura and an early investor in Loop, has joined Loop as President, Healthcare. Harpreet brings a decade of experience in building and scaling preventive health solutions that merge science, data, and human behavior. As CEO of Oura from 2018 to 2021, he led the launch of the company's 2nd and 3rd generation rings, selling over 1 million units. In his new role, Harpreet will lead the development of Loop's healthcare products, working closely with Loop's medical, product, and engineering teams. His focus will be on creating seamless, engaging experiences that help people take charge of their health. "India's workforce loses 20 years compared to global peers; not because of destiny, but because our system profits from sickness rather than health. Harpreet has built consumer health products that people actually use and love. That's exactly the leadership we need to scale prevention beyond corporate walls," said Mayank Kale, Co-founder and CEO at Loop. Before Oura, Harpreet spent nine years as a technology portfolio manager at Eminence Capital, focusing on healthcare and technology investments. He began his career in Morgan Stanley's M & A group and holds a degree in electrical engineering from the University of Michigan. His rare blend of engineering, investing, and health leadership uniquely equips him to accelerate Loop's prevention-first approach. "Loop is building something fundamentally different--Mayank and the team have a unique lens to improve healthcare for India. I'm excited to help make healthcare more accessible, engaging, and measurable for millions of working Indians. This is how we add decades to lives--one person, one family, one company at a time," said Harpreet Singh Rai. Loop is on a mission to add 20 healthy years to the Indian workforce. By combining best-in-class insurance with unlimited primary care and data-led prevention, Loop empowers over 850,000 employees at 1,200+ companies to live longer, healthier lives. Backed by global investors including Y Combinator, Khosla Ventures, Elevation Capital, and General Catalyst, Loop is redefining corporate healthcare by making prevention profitable, outcomes measurable, and vibrant health possible for every team in India.
Business Standard
a day ago
- Health
- Business Standard
60% of Indians Sleep less than 6 Hours Nightly as Sleep Supplements Surge 650%
NewsVoir Mumbai (Maharashtra) [India], June 27: Three out of five Indians aren't getting adequate nightly sleep, with a quarter reporting their sleep has worsened since the pandemic, according to a new trend report from AGR Knowledge Services. Rather than seeking medical help, most are turning to online solutions and supplements, creating a booming marketplace for sleep aids. The report, "The Modern Sleep Bazaar: How Sleep Debt Became India's Wellness Opportunity," analyzed digital conversations, search queries and consumer sentiment to map the country's growing sleep crisis and the commercial response. Key findings include: * Sleep gummies saw 650% spike in search interest over the past year * Online searches for "how to sleep 8 hours in 4" and similar quick-fix terms are increasingly common * Interest in natural ingredients like melatonin, magnesium, ashwagandha and chamomile has surged * Over 30-40 brands are active in India's sleep supplement space, but few are established players "What we're seeing is a fundamental shift from treating sleep aids as one-off solutions to integrating them into nightly rituals," said Suyog Keluskar, President of the Social Media Intelligence wing of AGR Knowledge Services. "Consumers aren't just buying products--they're buying peace of mind and turning sleep into an active wellness practice." The research reveals significant gaps in the market. While consumers are actively searching for solutions, their digital conversations show heavy emphasis on safety concerns, dependency risks and product effectiveness--indicating demand for more transparency from brands. The trend represents a major opportunity for established health and wellness companies to enter the space with credibility, particularly as search behaviour shows consumers are looking for reassurance as much as results. This transformation reflects broader changes in how Indians approach wellness, with sleep joining fitness and nutrition as an active health pursuit rather than a passive necessity. AGR's social listening methodology combines AI technologies with industry expertise to extract insights from real-time online / social media conversations, revealing consumer emotions, fears and aspirations beyond surface-level mentions and hashtags. To request the copy of the report, write to kushal@ AGR executives are also available for interviews and additional data insights.
Business Standard
a day ago
- Business
- Business Standard
Pluxee's Summer Carnival Delivers Value and Aspirational Rewards to India's Workforce
NewsVoir Mumbai (Maharashtra) [India], June 27: With rising daily costs and increasing financial mindfulness, India's working professionals are seeking ways to make their paychecks go further; without giving up on every-day joy. Pluxee's Summer Carnival taps into this shift, turning everyday spends into meaningful, high-value rewards. From assured cashback to aspirational giveaways like iPhones and luxury hotel stays, the campaign makes everyday spending feel smarter, more satisfying, and joyfully intentional. Here's how Pluxee consumers are winning big this season. New users receive a flat Rs. 200 joining bonus, while every self-load to the Pluxee Meal Wallet earns an assured 2% cashback. Users who load Rs. 2,500 and above stand a chance to win a luxury Taj stay worth up to Rs. 50,000, while those loading Rs. 1,000 and above are eligible to win Rs. 500 Pluxee Gift Cards. Weekly iPhone 16 giveaways are up for grabs through lucky draws for all active Pluxee consumers. In addition, the premium membership program: Pluxee Pro, is available at just Rs. 99, unlocking over Rs. 8,000 in value across food, lifestyle, travel, finance, entertainment, health, and more. With over 5 million merchant touchpoints across 1,800+ towns in the country and a seamless app experience, Pluxee gives users the freedom to spend flexibly and get rewarded for it. The self-load feature enables instant gratification through cashback, while Pluxee Pro enables more value via exclusive discounts across essential lifestyle categories like travel, food, health & wellness, entertainment and more. "Consumers today are choosing value and flexibility," said Harish Sarma, Marketing & Product Director, Pluxee India. "This campaign reflects a shift towards meaningful, choice-driven spending. We're proud to turn everyday expenses into experiences that truly matter while boosting purchasing power of our consumers." This initiative reinforces Pluxee's vision: enabling users to experience more of what matters - be it a midweek indulgence, a surprise treat, or a long-awaited escape - made possible through smarter everyday spending. Top-up the joy, today, visit, visit Pluxee is a leader in employee benefits and motivation, supporting businesses in attracting, engaging, and retaining talent through a broad range of solutions across Meal, Wellbeing, Learning, Rewards & Recognition & whole range of other offerings. With 28+ years of expertise in India, Pluxee partners with 11,000+ companies across the public and private sectors, fostering a trusted network of 150,000+ merchant partners on meal and 5 million+ merchants on other benefits. Every day, Pluxee India works to support 3.5 million+ consumers in 1,800+ towns nationwide. Powered by innovative technology and a dedicated team, Pluxee India delivers meaningful and personalized experiences through a single card and app to enhance the well-being of its consumers at work and beyond. Carrying forward a 45+ year global legacy, Pluxee is committed to creating a positive impact on local communities, promoting sustainability, and enabling its stakeholders to do what matters the most. For more information, visit
Business Standard
20-06-2025
- Business
- Business Standard
5paisa Capital Launches Model Context Protocol (MCP) for AI-Powered Trading Integration
NewsVoir Mumbai (Maharashtra) [India], June 20: 5paisa Capital, one of India's leading discount broking firms, has officially launched its Model Context Protocol (MCP). This framework integrates Claude, a state-of-the-art large language model (LLM), with 5paisa's internal APIs. This launch represents a strategic integration aimed at enhancing user experience and brings AI-powered trading capabilities to 5paisa users. With MCP, 5paisa users can now perform a wide range of trading tasks -- from placing orders and analyzing market data to backtesting strategies -- simply by interacting with Claude via natural language. This rollout aligns with 5paisa's vision to simplify advanced trading tools for everyday investors. With the MCP, users can now harness the power of cutting-edge LLMs to make more informed trading decisions using real-time market data and their own custom datasets. By enabling intelligent prompt-based trading through 5paisa XStream Open APIs, MCP empowers users to bring any data source -- be it weather, crop yield, or macroeconomic indicators -- into the decision-making process for personalized stock market analysis. "We believe the future of investing lies in empowering users with intelligent tools that are not just data-driven, but context-aware. Model Context Protocol is our answer to the growing need for adaptive AI in financial decision-making," said Gaurav Seth, MD & CEO, 5paisa Capital. "With MCP, even non-coders can now interact with complex datasets and advanced trading strategies through natural language -- truly putting the power of institutional-grade analytics into the hands of everyday investors." Key Features of 5paisa MCP * AI-enabled Trading Assistant: Built-in support for Claude LLM, with plans to support additional AI models soon. * Prompt-Based Interface: No coding knowledge required -- simply type commands like "Backtest my breakout strategy from Jan 2021 to Dec 2022". * Custom Data Integration: Users can include external context (e.g., climate data, economic forecasts) for enhanced decision-making. * Encrypted & Private: All data shared is encrypted during transit; users retain full control of data sharing. * Free for Existing Users: MCP is available at no additional cost to all current 5paisa account holders. * Cross-Platform Support: Available on Windows, Mac, and Linux via Claude Desktop. The MCP assistant can also be used without logging in for general information and market research. However, advanced trading features and account-linked capabilities will remain exclusive to authenticated users. This launch reinforces 5paisa Capital's commitment to offering the most innovative, accessible, and secure trading solutions in the Indian financial landscape. MCP is now live and accessible via the desktop and web application for all 5paisa customers.
