Latest news with #GautamAggarwal
&w=3840&q=100)
Business Standard
a day ago
- Business
- Business Standard
Now, Axis Bank users can tap and pay up to ₹5,000 via a smartwatch
Axis Bank customers can now make contactless payments through their smartwatch by tokenising their cards on the Crest Pay app, the bank announced on June 19, 2025. The new payment feature is available on the Wave Fortune smartwatch, launched in partnership with boAt and Mastercard. The wearable device, priced at ₹3,299 and currently selling at an introductory rate of ₹2,599, allows users to make tap-and-pay transactions without pulling out their phone or wallet. 'With Crest Pay and tokenisation, we're making secure contactless payments more accessible,' said a Mastercard spokesperson. The service works with both Mastercard and Visa cards issued by Axis Bank. The tap-and-pay feature uses tokenisation, replacing actual card details with a unique digital code stored securely in the smartwatch strap—making it safe from scammers, skimmed cards, and duplicate payments. Contactless payments through the strap The NFC payment feature is embedded in the watch strap itself. Once users add their Axis Bank credit or debit cards via the Crest Pay app, the card is tokenised—meaning it is converted into a secure digital version—before being stored in the strap. 'The smartwatch will allow the users with the highest standards of safety and security, combined with a quick and convenient payment experience,' said Arnika Dixit, president and head of cards, payments and wealth management at Axis Bank. Tokenisation is handled by Mastercard's system, while the backend infrastructure is provided by Tappy Technologies. Users can pay up to ₹5,000 per transaction at any compatible point-of-sale terminal without entering a PIN. According to Mastercard, wearable tech will soon become a standard way to pay. 'In the near future, payments will be gesture-based — integrated into our daily routines, with transactions occurring in a frictionless manner. Wearable devices, irrespective of the form factor, will play a key role in this evolution, offering quick and secure payment experiences,' said Gautam Aggarwal, division president for South Asia at Mastercard. Despite being wearable-based, cardholders continue to receive cashback, reward points, or any benefits linked to their original plastic cards. The smartwatch is currently available in an Active Black finish and can be purchased from the official boAt website. Other smartwatch payment options in India India has seen several NFC-enabled wearable launches over the past few years: Titan Pay Launched: October 2020 Titan partnered with SBI and YELDI Softcom to introduce Visa card payments through a chip in the watch strap. GOQii Smart Vital Launched: September 2021 Enabled NFC payments through a tie-up with YES Bank and Mastercard on GOQii fitness bands. Apple Watch (Apple Pay in India) Launched: May 2022 Introduced with limited support via HDFC Bank and Axis Bank for Mastercard and Visa users. Garmin Pay Launched: January 2021 Rolled out with contactless payment support for Axis and ICICI Bank cardholders using Mastercard and Visa. Each of these solutions uses a combination of tokenisation and embedded chips to enable secure, contactless transactions directly from wearables.
Web Release
22-05-2025
- Business
- Web Release
Gautam Rice pioneers' artificial intelligence technologies to ensure optimum grain uniformity and purity
Gautam General Trading, the UAE-based parent company behind the Gautam Rice brand, sets new industry standards by leading the adoption of advanced artificial intelligence (AI) technologies to further to improve grain consistency, product safety, and processing efficiency. The brand's pioneering integration of the AI-powered SORTEX optical sorting system marks a significant move towards enhancing grain uniformity, ensuring consistent purity, and meeting global food safety expectations. As the UAE embraces AI in agriculture and logistics, Gautam Rice is leading the way in food-grade AI sorting to detect grain size and colour and remove contaminants. AI-powered SORTEX systems can meticulously inspect each grain to detect and remove even the most minute imperfections, thus guaranteeing consistent quality, visual appeal, and consumer satisfaction. Gautam Rice's current use of AI-driven quality control demonstrates how technology can elevate traditional practices, especially as automation integrates more deeply into modern food production. Gautam Aggarwal, Managing Director of Gautam General Trading, said, 'Our investments in AI enable us to deliver rice of unmatched consistency and quality, while minimising waste and enhancing efficiency. This represents a proud step forward in our quest to blend tradition and innovation. Besides this, our teams use data-driven demand forecasting to improve inventory control, reduce waste, and strengthen procurement strategies. These proactive strategies not only boost operational efficiency but also reflect the company's commitment to sustainability and ethical production. By combining innovation and tradition, we are pleased to provide consumers worldwide with the purest, quality Basmati rice.' In addition to quality control, Gautam Rice has integrated real-time supply chain tracking for enhanced protection. This step allows the brand to track operational processes at every stage of the supply chain as they happen. As a result, the initiative boosts consumer trust in the product's origin and quality controls, reaffirming the brand's dedication to transparency and food safety. Since 2005, Gautam Rice has been a leading brand in the UAE's rice market, growing to become the largest distributor in the region. The company is renowned for producing one of the longest grains in basmati rice varieties that expand to nearly twice their length after cooking. As a trusted rice brand, Gautam Rice is setting new benchmarks for the industry by combining traditional sourcing with AI-driven precision.
Mid East Info
21-05-2025
- Business
- Mid East Info
Gautam Rice pioneers' artificial intelligence technologies to ensure optimum grain uniformity and purity - Middle East Business News and Information
Gautam General Trading, the UAE-based parent company behind the Gautam Rice brand, sets new industry standards by leading the adoption of advanced artificial intelligence (AI) technologies to further to improve grain consistency, product safety, and processing efficiency. The brand's pioneering integration of the AI-powered SORTEX optical sorting system marks a significant move towards enhancing grain uniformity, ensuring consistent purity, and meeting global food safety expectations. As the UAE embraces AI in agriculture and logistics, Gautam Rice is leading the way in food-grade AI sorting to detect grain size and colour and remove contaminants. AI-powered SORTEX systems can meticulously inspect each grain to detect and remove even the most minute imperfections, thus guaranteeing consistent quality, visual appeal, and consumer satisfaction. Gautam Rice's current use of AI-driven quality control demonstrates how technology can elevate traditional practices, especially as automation integrates more deeply into modern food production. Gautam Aggarwal, Managing Director of Gautam General Trading, said, 'Our investments in AI enable us to deliver rice of unmatched consistency and quality, while minimising waste and enhancing efficiency. This represents a proud step forward in our quest to blend tradition and innovation. Besides this, our teams use data-driven demand forecasting to improve inventory control, reduce waste, and strengthen procurement strategies. These proactive strategies not only boost operational efficiency but also reflect the company's commitment to sustainability and ethical production. By combining innovation and tradition, we are pleased to provide consumers worldwide with the purest, quality Basmati rice.' In addition to quality control, Gautam Rice has integrated real-time supply chain tracking for enhanced protection. This step allows the brand to track operational processes at every stage of the supply chain as they happen. As a result, the initiative boosts consumer trust in the product's origin and quality controls, reaffirming the brand's dedication to transparency and food safety. Since 2005, Gautam Rice has been a leading brand in the UAE's rice market, growing to become the largest distributor in the region. The company is renowned for producing one of the longest grains in basmati rice varieties that expand to nearly twice their length after cooking. As a trusted rice brand, Gautam Rice is setting new benchmarks for the industry by combining traditional sourcing with AI-driven precision.
Yahoo
02-04-2025
- Automotive
- Yahoo
Bidgely's EV Intelligence Awarded 2025 Top Product of the Year from Environment+Energy Leader
Company's unmatched AI-powered EV analytics recognized for pioneering the future of grid management LOS ALTOS, Calif., April 02, 2025--(BUSINESS WIRE)--Bidgely's artificial intelligence (AI)-powered EV Intelligence solution has been named a 2025 Top Product of the Year in the prestigious E+E Leader Product & Project Awards - an annual program honoring excellence in products and services that provide companies with significant energy and environmental benefits. E+E Leader recognized Bidgely's EV Intelligence solution as an outstanding example of innovation in empowering utilities to alleviate electric vehicle (EV) charging-related grid congestion and paving the road to smarter load management. "Every year, our judges look to recognize the businesses that are truly moving the needle and striving for sustainability and operational efficiency," says Kay Harrison, VP and head of the E+E Leader Awards program. "This year's winners exemplify the kind of forward-thinking strategies and technologies that companies need to stay ahead in an increasingly complex energy and environmental landscape." Actionable EV Data with 98% Accuracy Bidgely's patented EV Intelligence solution addresses the challenge of identifying and managing EV charging impacts on the grid. While most competing methods struggle to distinguish EV charging data from other large household appliances, Bidgely's AI-driven disaggregation of smart meter data delivers unmatched 98 percent accuracy for Level 1 and Level 2 charger detection — arming utilities with information needed for critical initiatives like shifting peak load and managed charging. Utilities across the U.S. have deployed Bidgely's EV Intelligence solution to, for example, target customers with high-value baseline charging behavior for enrollment in managed charging pilots, resulting in 3X increases in peak demand reduction per vehicle. GenAI Rapidly Simulates Future Grid Impacts of EVs E+E Leader also recognized Bidgely's EV Intelligence solution for its GenAI integration, which enables utilities to perform staggered charging and long-term grid impact simulations rapidly and intuitively. This opens up new possibilities for utilities to optimize supply and demand, defer unnecessary infrastructure upgrades and prioritize critical assets. "This award further validates our belief that intelligent EV solutions are critical for a sustainable future. It's a tribute to the collaborative spirit that's enabling utilities to turn the challenge of EV charging into an opportunity for grid resilience and efficiency," said Gautam Aggarwal, Chief Revenue Officer of Bidgely. "We're excited to lead the charge toward a smarter, more resilient energy grid." "The winners of this year's E+E Leader Awards are tackling some of the most pressing sustainability and energy challenges with real-world, scalable solutions," says Sarah Roberts, Co-President of E+E Leader and C-Suite Compass LLC. "These projects and products push industry standards forward and are setting new benchmarks for innovation and impact." To learn how utilities are using Bidgely's AI-powered EV solution to develop targeted EV load management programs, visit: About Environment+Energy Leader Since 2006, Environment+Energy Leader's website and newsletters have provided the definitive and objective voice in reporting on business-related energy, environmental, and sustainability issues. Visit: About the E+E Leader Product & Project Awards For over a decade, the E+E Leader Product & Project Awards have recognized excellence in products, services, and corporate initiatives that drive energy and environmental improvements. Entries are evaluated using a rigorous five-point rating system by an independent panel of executive-level judges from leading organizations across various industries. To see this year's winners and learn more about our judges, visit About Bidgely Bidgely is an AI-powered SaaS Company accelerating a clean energy future by enabling energy companies and consumers to make data-driven energy-related decisions. Powered by our unique patented technology, Bidgely's UtilityAI™ Platform transforms multiple dimensions of customer data - such as energy consumption, demographics, and interactions - into deeply accurate and actionable consumer energy insights. We leverage these insights to empower each customer with personalized recommendations, tailored to their individual personality and lifestyle, usage attributes, behavioral patterns, purchase propensity, and beyond. From a distributed energy resources (DER) and grid edge perspective, Bidgely is advancing smart meter innovation with data-driven solutions for solar PVs, electric vehicle (EV) detection, EV behavioral load shifting and managed charging, energy theft, short-term load forecasting, grid analytics, and time of use (TOU) rate designs. Bidgely's UtilityAI™ energy analytics provides deep visibility into generation and consumption for better peak load shaping and grid planning, and delivers targeted recommendations for new value-added products and services. With roots in Silicon Valley, Bidgely has over 16 energy patents, $75M+ in funding, retains 30+ data scientists, and brings a passion for AI to utilities serving residential and commercial customers around the world. For more information, please visit or the Bidgely blog at View source version on Contacts Christine BennettBidgelypress@ Sign in to access your portfolio
