July 13, 2024


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Business briefs | Technology

Business briefs | Technology

Delhi-based Samy Informatics on Thursday introduced a 43-inch 4K smart TV, priced at Rs 24,999 (inclusive of GST), claiming to be one of the ”most affordable” set in the market.

Moreover, with the purchase of a 43-inch 4K smart TV, the company is also providing a 32 inch Smart TV free, under its Diwali offer for its Delhi-based customers.

There is a great demand for two TV sets inside the Indian houses as people are working from home and using TV screens for multipurpose ranging from attending video calls to online schooling, said Samy Informatics Director Avinash Mehta. Samy Informatics, as per its market strategy, works on a revenue-generating mechanism with the TV units, to reduce the cost.

Currently, 42-inch screen size TVs are available in the market starting from around Rs 35,000 onwards.

Samy Informatics, a start-up, was registered in 2016 and had started delivering the TV units from 2017 only.

**** *Incorp India invests $10 mn in Vakilsearch Advisory firm Incorp India on Thursday said it has invested USD 10 million (about Rs 75 crore) in Vakilsearch to support technology and product development. Existing investor Kalaari Capital exited Vakilsearch through the transaction. ”With this investment, we will leverage the strengths of Vakilsearch and accelerate our Artificial Intelligence (AI) and Machine Learning (ML) initiatives. Vakilsearch will increase the depth of its service offerings by augmenting the technical capabilities and global best practices of InCorp India,” Incorp India CEO Manish Modi said. Vakilsearch offers services online, including incorporation, government registrations, corporate and tax filings, trademark filings, accounting, payroll and other support services to businesses. **** *Kinara Capital secures Rs 70 cr from German entity Kinara Capital has secured Rs 70 crore or 8 million euros in debt from Invest in Visions GmbH (IIV) Microfinance Fund with support from Agents for Impact (AFI). Classified as an ESG Impact Fund by the European Union, Kinara, which is completing 10 years of its journey next month, will further IIV’s Microfinance Fund’s mandate of enabling credit access to small businesses, said Hardika Shah, the founder & CEO of Kinara Capital, This fund will be used to further financial inclusion of small businesses, Shah added. The partnership between Kinara, Invest in Visions, and Agents for Impact will help advance not only financial inclusion but will also help meet the multiple sustainable development goals of the UN.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)