Scienaptic AI, a leading global provider of an AI-powered credit decisioning platform, announced today that IIFL Samasta will be using Scienaptic’s AI-enabled Underwriting platform to enhance their Cross-sell program to their existing MFI customer base. For each customer, the platform will run AI/ML models to instantly deliver a decision on pre-qualification, along with the loan limit and terms, via a real-time API. The Scienaptic platform provides an interactive, no-code UI interface to configure and manage underwriting journeys. The platform also has an intelligent multi-bureau connector to pull data from the required credit bureau, with the ability to dynamically shift to the secondary bureau if the primary bureau stops responding.
Samasta, a subsidiary of the large NBFC IIFL Group Company, ranks among the top five Microfinance Companies (MFIs) in India. It operates in over 22 states, servicing more than 2.7 million underbanked customers with a book size of USD 1.2 billion. Since its inception, IIFL Samasta has been committed to providing innovative and affordable financial products to unbanked sections of society in both rural and semi-urban areas.
IIFL Samasta offers a broad range of responsible financial products and services, acting as a catalyst for sustainable and inclusive economic growth. They are leveraging innovative technology solutions like Scienaptic AI to digitize their services and enhance customer experience.
Shivaprakash D, Whole-time Director & Chief Technology Officer at IIFL Samasta, stated, “Our platform is underpinned by technology, people, and human-centered design to make credit affordable for borrowers. Scienaptic’s platform will automate the prequalification process for our existing borrower base. This will allow us to approve more prequalified offers faster, thereby helping us maximize impact and drive profitability, inclusion, and growth.”
Joydip Gupta, Head of APAC at Scienaptic, added, “We are proud to announce that IIFL Samasta, an organization making a positive impact on individuals and micro enterprises in India, has chosen our AI platform for credit decisioning. Our pre-built Pre Qualification models and self-learning AI will help IIFL Samasta underwrite loans for existing borrowers more effectively and efficiently, expanding financial inclusion across India.”
Scienaptic AI’s mission is to increase credit availability across the globe by transforming the technology used in credit decisioning. Banks, NBFCs, MFI, and fintech, use Scienaptic’s AI native credit decisioning platform to continually improve the quality and speed of their underwriting decisions.
The platform enables FIs to reach more borrowers, including underbanked and underserved individuals, and say “yes” more often without increasing risk. It democratizes automated AI-powered lending while addressing all regulatory requirements, including Fair Lending and explainable adverse actions.
Scienaptic-enabled lenders have processed more than 300 million transactions, benefitting millions of borrowers. For more information, visit https://www.scienaptic.ai
Implica Global Corporation, a European-based global technology and strategy consulting consortium, has officially announced its strategic entry into the premium spirits and wine distribution sector. The company is entering the rapidly growing Asia-Pacific market, valued at approximately USD 259.2 billion, demonstrating its ambitious global strategy. This move signifies the group’s commitment to further diversify and scale its operations, aiming to achieve a valuation exceeding $20 billion by 2030 in the premium consumer goods market.
Implica Global plans an initial investment of $250 million specifically targeting its expansion in Asia and Europe, focusing on globally unique, ultra-premium spirits and wines, rare formulas, and locally and culturally renowned selections designed for the international market.
In light of current discussions surrounding the proposed Free Trade Agreement (FTA) between the European Union and India, Implica Global is closely monitoring potential regulatory shifts that could reshape the premium beverage trade. Industry observers believe the FTA would significantly reduce excise duties on European liquor imports into India, opening the door to more competitive pricing and improved market access. As a strategic first-mover, Implica Global stands to benefit from this evolving trade landscape, further reinforcing its early expansion into key Asian markets.
As part of phase one in 2025, Implica Global will open the distribution of exclusive rights and partner distribution networks across key regions including India, China, ASEAN countries, the European Union, and extended markets such as the United Kingdom and Ireland.
According to IWSR, the demand for premium spirits in Asia is projected to grow 12% YoY through 2027.
Under the visionary guidance of CEO Sarved Dhar Badgayan, Implica Global continues to demonstrate aggressive growth and strategic foresight across various sectors.
“At Implica, we believe true luxury lies in provenance, story, and intention. Through our Global 30 vision, we are carefully curating rare spirits and culturally rich wines not just to distribute but to elevate. This is not simply about market presence; it is about crafting a global legacy with timeless brands that speak to taste, heritage, and elegance. We are here to bring the world something unforgettable.”- Sarved Dhar Badgayan, CEO and Executive Chairman, Implica Global Corporation
In addition to its expansion into premium consumer goods, Implica Global continues to support global Fortune 500 companies in supply chain management and logistics through its dedicated technology arm, ImplicaT Digital. The tech division provides advanced digital solutions and integrated services that optimize operations and streamline global logistics frameworks.
Meanwhile, Implica Consulting focuses on strategic brand building and market expansion, working closely with emerging and established companies to craft impactful narratives, enhance market positioning, and accelerate international growth.
The corporation plans to leverage its established global network and advanced analytical capabilities to deliver artisanal and luxury spirits and wine collections to international markets. Positioned in over 25 countries, Implica Global’s entry into the spirits and wine consulting and distribution industry underscores its goal of becoming a major global player in consumer goods.
Currently, the group is evaluating high-potential spirits and wine brands and has committed to launching this venture under a distinct, yet-to-be-disclosed brand name, separate from Implica, which will remain dedicated exclusively to technology, strategy consulting, and capital ventures. The forthcoming premium beverage brand will be overseen by the London division of the holding company, aligning with the group’s structured approach to sector diversification and growth.
Details regarding the brand and trading name will be disclosed at a later stage, underscoring Implica Global’s meticulous approach to launching impactful, high-value ventures.
CP PLUS proudly announces that its range of PTZ (Pan-Tilt-Zoom) and IPC (Internet Protocol Camera) devices has achieved the prestigious ER IoTSCS STQC certification. Awarded by the Standardization Testing and Quality Certification (STQC) Directorate under the Ministry of Electronics and Information Technology (MeitY), this certification underscores CP PLUS’s commitment to empowering public and private sectors with robust, reliable, and secure surveillance systems.
With ER IoTSCS STQC certification, CP PLUS’s PTZ and IPC cameras are validated for secure data handling, superior performance in diverse environments, and compliance with stringent national standards – essential attributes for critical and high-demand applications in India.
The ER IoTSCS STQC certification is a hallmark of excellence in IoT and electronic surveillance, designed to ensure that products perform reliably even in the most challenging scenarios. CP PLUS’s PTZ and IPC cameras are tested for data encryption, environmental resilience, image clarity, power efficiency, and network protocol compliance, making them ideal for critical sectors where high-security standards are paramount.
“At CP PLUS, we believe in delivering technology that not only leads the industry but also empowers our country to meet its security challenges head-on,” said Mr. Aditya Khemka, Managing Director, Aditya Infotech Limited. “Achieving the ER IoTSCS STQC certification is a testament to our unwavering commitment to excellence in security technology. It assures our customers that they are investing in products that meet the highest benchmarks of performance, safety, and quality.” said Mr. Aditya Khemka, Managing Director, Aditya Infotech Limited.
With this certification, CP PLUS’s PTZ and IPC camera range is poised to offer secure, resilient, and intelligent surveillance capabilities. We believe the certification also positions CP PLUS as a trusted partner for organizations that require compliance with national standards for security technology in government, critical infrastructure, and commercial applications.
We believe the ER IoTSCS STQC certification not only reinforces CP PLUS’s reputation for quality but also assures clients and partners that these surveillance solutions stand resilient under diverse conditions, such as extreme weather, dust, and high humidity levels. Moreover, the certification signifies enhanced data security measures in CP PLUS’s IoT-enabled products, with advanced data protection protocols and efficient power management, making these cameras an ideal choice for organizations seeking reliability and long-term value in their surveillance investments.
CP PLUS is committed to leveraging this achievement to lead India’s surveillance technology industry with innovative, high-performance solutions that meet the evolving demands of the nation.
CSIR-CMERI proudly announces the launch of a Nationwide Roadshow to introduce its cutting-edge E-Tractor and E-Tiller Technologies to the Indian agricultural sector. The roadshow will commence with a grand inauguration at Vigyan Bhavan, New Delhi, followed by a series of interactive sessions and live demonstrations across 11 key cities in India.
Empowering Farmers with Sustainable Innovation
The E-Tractor and E-Tiller, developed by CSIR-CMERI, are designed to revolutionize traditional farming practices by integrating environmentally friendly, cost-effective, and high-performance electric vehicle (EV) technology. This initiative aligns with India’s push towards sustainable and energy-efficient agricultural solutions.
Dr. Jitendra Singh attends Nationwide Roadshow for E-Tractor and E-Tiller at CSIR-IIIM Jammu
Jammu, 6th March 2025: In a significant event at CSIR-IIIM Jammu, Dr. Jitendra Singh, Hon’ble Minister of Science & Technology, Government of India, presided over the Nationwide Roadshow for the revolutionary E-Tractor and E-Tiller developed by CSIR-CMERI, Durgapur. This initiative, which was officially inaugurated on 28th February 2025 at Vigyan Bhawan, New Delhi, aims to promote sustainable agricultural mechanization and empower small and marginal farmers across the country. The event at CSIR-IIIM Jammu was attended by Dr. Jitendra Singh, Hon’ble Minister of Science & Technology; Dr. Naresh Chandra Murmu, Director, CSIR-CMERI; Dr. Zabeer Ahmed, Director, CSIR-IIIM Jammu; and the Director of Sher-e-Kashmir Agricultural University, Jammu. Additionally, over 300 local farmers participated, making it a significant platform for engaging with stakeholders and promoting sustainable agricultural practices.
Revolutionizing Sustainable Agriculture
CSIR-CMERI is at the forefront of advancing sustainable and clean energy-driven agricultural technologies. The E-Tractor and E-Tiller are designed to address the needs of small and marginal farmers, offering eco-friendly alternatives to conventional diesel-powered machinery. These innovations mark a significant step toward green mechanization and the diffusion of advanced technologies in Indian agriculture.
The E-Tractor, named CSIR-PRIMA ET-11, is a state-of-the-art electric tractor with a rated torque of 11 hp and a peak torque of 26 hp. It features a semi-synchro mechanical drivetrain, modular mainframe for easy maintenance, enhanced hydraulics, optimized weight-to-power ratio, and women-friendly ergonomics. Its vehicle-to-load capability makes it a versatile solution for small-scale farming. The Electric Tiller, introduced in 2024, is a multi-functional machine compatible with various agricultural implements such as rotavators, ploughs, and water pumps. It boasts advanced features like low hand-arm vibration, clutch-less operation, cruise mode, and ergonomic design, ensuring ease of use for all farmers, including women.
A Legacy of Innovation
CSIR-CMERI has been a pioneer in agricultural mechanization since the post-independence era. The development of India’s first indigenous tractor in 1974 played a pivotal role in the Green Revolution, symbolizing the nation’s resolve for technological self-reliance. Over the years, the institute has consistently innovated, introducing the Sonalika 35 hp tractor in 2002, the Compact Tractor in 2020, and now the Electric Tractor in 2023.
Technology Transfer to MSMEs
To ensure widespread adoption, these cutting-edge technologies have been transferred to MSMEs, including M/s. K. N. Biosciences (Hyderabad) and M/s. Sunrise Transmission (Gujarat). This collaboration fosters innovation, creates business opportunities, and ensures the availability of these sustainable solutions to farmers across the country.
Nationwide Roadshow
The roadshow will cover the following CSIR laboratories:
CSIR-IIIM Jammu (Jammu)CSIR-IHBT Palampur (Himachal Pradesh)CSIR-CoEFM Ludhiana (Punjab)CSIR-CBRI Roorkee (Uttarakhand)CSIR-CIMAP Lucknow (Uttar Pradesh)CSIR-AMPRI Bhopal (Madhya Pradesh)CSIR-NEERI Nagpur (Maharashtra)CSIR-IICT Hyderabad (Telangana)CSIR-CFTRI Mysore (Karnataka)CSIR-CECRI Karaikudi (Tamil Nadu)CSIR-NIIST Thiruvananthapuram (Kerala)
The roadshow will showcase the E-Tractor and E-Tiller, engaging with farmers, policymakers, and other stakeholders to promote sustainable agricultural practices.
Empowering Farmers and Building a Greener Future
This initiative underscores CSIR-CMERI’s commitment to empowering farmers and fostering sustainable agricultural mechanization. By addressing the needs of small and marginal farmers, these eco-friendly technologies pave the way for a greener and more inclusive future for Indian agriculture.
Biplab Choudhury
Phone: 8972044652
Email: bdg@cmeri.res.in
Website: https://cmeri.res
Lepton Software, a global leader in geospatial intelligence and AI-driven network solutions, is set to unveil its latest AI-powered innovations at Mobile World Congress (MWC) 2025, demonstrating how advanced geospatial intelligence can enhance network operations, reduce costs, and improve decision-making for telecom operators and enterprises.
At Booth Number 10, Block 5A83, Bharat Pavilion, Lepton Software will showcase innovative AI solutions that help telecom companies streamline network planning, optimize 5G deployment, and automate fiber network operations, leading to significant cost savings and operational efficiency.
How Lepton Software’s AI Solutions Improve Network Operations and Reduce Costs
-Automated Fiber Network Management: Intelligent automation streamlines the planning and rollout of fiber networks, reducing manual errors, resource waste, and deployment time.
-Geospatial AI for Cost Reduction: AI-driven insights help telecom providers reduce redundant infrastructure costs, identify underutilized assets, and enhance network expansion strategies.
– Proactive Network Maintenance & Risk Mitigation: Predictive analytics detect potential issues before they escalate, reducing downtime, maintenance costs, and service disruptions.
– Smarter Site Selection with AI: SmartMarket Data Intelligence leverages AI to identify the most profitable locations for infrastructure expansion, reducing CAPEX and improving ROI.
“The telecom industry is evolving rapidly, and AI-driven geospatial solutions are key to achieving cost efficiency, faster deployments, and improved network resilience,” said Dr. Rajeev Saraf, Founder and CEO, Lepton Software. “At MWC, we are excited to showcase how our AI-powered solutions empower telecom operators to optimize network investments, enhance performance, and deliver superior connectivity.”
With a legacy of over 30 years in geospatial intelligence, Lepton Software is trusted by leading telecom operators, ISPs, and enterprises for its data-driven solutions that accelerate digital transformation while cutting operational expenses.
Join Lepton Software at MWC Barcelona 2025, Booth Number 10, Block 5A83, Bharat Pavilion, to explore the future of AI-powered geospatial solutions for cost-effective network operations.
Blending Tradition with Innovation using MiCoB’s 3D Concrete Printing Technology
MiCoB has transformed the landscape of Nagoa Beach, Diu, with its innovative 3D Concrete Printing (3DCP) technology in collaboration with SEPL, and M/S Kamnath Hospitality. The project features 30 3D-printed cottages inspired by the traditional bhunga huts of Gujarat’s Kutch region. Known for their circular design and resilience, these structures seamlessly blend Gujarat’s cultural heritage with cutting-edge construction techniques, creating a unique sustainable hospitality experience.
Designed to meet the demands of coastal hospitality, the cottages address challenges like environmental sensitivity, building insulation and corrosion. Moreover, their design allows for flexibility in compliance with environmental and regulatory considerations for coastal construction, making them a sustainable investment for the future.
“Our 3DCP technology has enabled us to reduce construction time from 8 months to 3 months while maintaining the highest quality standards,” explains Rishabh Mathur, Cofounder and Chief Technology Officer at MiCoB.
By combining tradition with innovation, MiCoB delivered structures that are not only efficient and cost-effective but also environmentally conscious. Faster construction timelines, reduced material waste, and reduced total cost of ownership further highlight the advantages of 3DCP.These cottages stand as a testament to how modern technology can elevate traditional designs while enhancing the guest experience.
For Kamnath Hospitality, this project represents a step forward in redefining coastal hospitality, offering visitors the perfect mix of comfort and sustainability.
“Partnering with MiCoB for India’s first 3D-printed resort project has been an exceptional experience. Their cutting-edge technology and expertise allowed us to construct a state-of-the-art, 40-room luxury resort with 5-star amenities, setting a benchmark in sustainable and innovative construction. The attention to detail in addressing the challenges posed by the nearby coastline, including the impact of salty weather, was remarkable. Their team designed and implemented solutions that ensured the resort’s durability and structural integrity, maintaining its elegance and functionality over time. This collaboration has redefined possibilities in the construction industry, and we couldn’t be more proud of the result. We highly recommend MiCoB to anyone seeking innovation, precision, and unmatched quality in their projects.” – Luv Mehta, CEO – SEPL
Guests at Nagoa Beach now can enjoy an experience that embodies the best of tradition, technology, and the serene beauty of the coast.
For more information, reach out to MiCoB at ankita@micob.in or