Unicommerce, one of India’s leading e-commerce enablement SaaS platforms, has achieved an annualized transaction run rate of one billion order items on its flagship platform, Uniware. This key milestone achievement was disclosed in the Q3 FY25 results shared by the company.

Unicommerces Comprehensive SaaS Platform

These transactions include order management by brands and sellers to process orders received on their own websites & apps and across multiple marketplaces. The Uniware platform allows users to manage multiple warehouses and make automated inventory management decisions to optimise inventory utilisation and adhere to desired SLAs. It also allows brands to seamlessly serve customers across their physical and online stores through its omnichannel solutions.

At present, 7000+ clients in India, Southeast Asia, and the Middle East utilize the Unicommerce platform for comprehensive management of their e-commerce operations, including Some of Unicommerce’s marquee clients include FabIndia, Lenskart, Timex, TCNS, Mamaearth, Sugar, Emami, Urban Company, Blue Star, Cello, Symphony, VIP Bags, Healthkart, GNC, boAt, Portronics, TMRW, Mensa, Landmark Group, Edamama and many more.

Uniware by Unicommerce currently powers 11860+ client facilities, including 8900+ warehouses and 2900+ omnichannel-enabled stores across India, the Middle East, and Southeast Asia.

The volumes on the Uniware platform have been rising rapidly and have doubled from over 500 Mn order items processed in FY 23. The current annualised run rate on its platform is 1.036 Billion order items.

Unicommerce’s platform enables automation across the entire value chain of e-commerce and retail, making it a one-stop shop for brands and businesses. Its product suite comprises three platforms, namely, Convertway, a marketing automation platform that enables customer engagement; Uniware, which streamlines operations by managing inventory across locations and processing orders for online and offline channels, and Shipway, a courier aggregation and shipping automation tool to power smart courier allocation, tracking and return & exchange management.

Commenting on the key milestone, Kapil Makhija, MD & CEO of Unicommerce, said, “Technology is a key enabler of modern-day trade. At Unicommerce, we are privileged to help build and advance e-commerce technology solutions that drive business efficiencies and enhance user experience not only in India but also in the Middle East and Southeast Asia. Our 1-Billion-milestone is a reaffirmation of the power and potential of e-commerce and the role of technology in its growth.”

Incorporated in 2012, Unicommerce is listed on the National Stock Exchange India and the Bombay Stock Exchange.

IFC has announced an equity investment of up to $50 million in Lagos Free Zone Company to support the development and expansion of Nigeria’s first deep- sea port-based, private special economic zone, the Lagos Free Zone. This investment is designed to address critical infrastructure gaps, attract local and global businesses, and contribute to Nigeria’s economic diversification agenda.

Signing ceremony between International Finance Corporation (IFC) and Lagos Free Zone (LFZ)

The funds will support the first phase of the 860-hectare Lagos Free Zone, focusing on land development, industrial facilities, and logistics infrastructure. Owned by Singapore based Tolaram, a diversified multinational group with operations across Africa, Asia, and Europe, Lagos Free Zone is strategically integrated with the Lekki Deep Sea Port and will provide an integrated industrial ecosystem for efficient import and export operations, serving as a gateway for Nigeria’s integration into global value chains.

Signing ceremony between International Finance Corporation (IFC) and Lagos Free Zone (LFZ)

With Nigeria’s economy projected to grow by 3.7% by 2026, investments in infrastructure are vital to ensuring sustainable growth. When fully occupied, Lagos Free Zone is expected to create approximately 30,000 direct, indirect, and induced jobs, while contributing significantly to Nigeria’s GDP upon completion.

“This investment reflects IFC’s commitment to fostering inclusive economic growth and sustainable development in Nigeria. Lagos Free Zone is poised to become a transformative hub for industrial activity, driving job creation and enhancing Nigeria’s competitiveness in global markets. We are proud to partner with Lagos Free Zone in building the infrastructure necessary to attract global and local businesses, enabling Nigeria to achieve its full economic potential,” said, Dahlia Khalifa, IFC Regional Director, Central Africa and Anglophone West Africa.

The investment in Lagos Free Zone also reflects IFC’s commitment to sustainable development, with a focus on green infrastructure. Approximately 15% of the investment is earmarked for climate-related initiatives, including Excellence in Design for Greater Efficiencies (EDGE)-certified buildings and climate-resilient infrastructure.

“IFC’s support represents a significant and positive recognition of our vision to establish Lagos Free Zone as a world-class industrial hub. This investment allows us to scale up the existing infrastructure to attract more foreign and local tenants while promoting sustainability and creating economic opportunities for Nigeria. Lagos Free Zone, integrated with Lekki Deep Sea Port, facilitates ease of doing business in Nigeria and supports the Federal Government of Nigeria’s drive for economic diversification and infrastructure development. We look forward to driving growth and delivering lasting impact through this transformative collaboration with the IFC,” Added, Adesuwa Ladoja, MD/CEO at Lagos Free Zone Company.

Lagos Free Zone is already home to several manufacturing brands like Kellogg’s, Dano Milk, Colgate, BASF, ADM, and Tata International.

This investment aligns with Nigerias ongoing economic reforms and IFC’s strategic frameworks, including the World Bank Group’s Nigeria Country Partnership Framework (2021-2025) and its 2015 Climate Action Plan, both of which prioritize economic diversification, the development of competitive clusters, and investments in climate-resilient infrastructure.

By addressing infrastructure bottlenecks and enhancing connectivity, IFC’s investment in Lagos Free Zone will unlock new opportunities for businesses and strengthen Nigeria’s position as a regional economic leader.

About Lagos Free Zone
Promoted by Singapore-based Tolaram, Lagos Free Zone is the first privately held deep sea port- based free trade zone in Nigeria. Centrally located in Lagos State, the commercial center of West Africa’s largest economy, the zone covers an area of 860 hectares. It is fully equipped with world- class infrastructure, a single window clearance for ease of doing business, and integrated with the 90 hectares Lekki Deep Sea Port, which allows for access to regional and international markets.

For more information, visit www.lagosfreezone.com.

Gold prices fluctuate daily, creating opportunities for investors and gold owners to maximise their returns. Keeping track of the gold rate today allows individuals to make informed financial decisions, whether purchasing, selling, or leveraging gold assets. Bajaj Finance enables customers to optimise these price movements through strategic financial solutions such as gold loans, which provide access to funds without the need to sell jewellery. By staying updated on gold rates through Bajaj Finance’s gold rate page and utilising customised financial offerings, individuals can effectively manage their wealth and meet urgent financial needs while benefiting from competitive interest rates and multiple repayment options.

Bajaj Finserv Gold Loan

Many investors and borrowers track the gold rate to make informed decisions, whether purchasing gold or leveraging it for financial needs. Instead of letting gold sit idle, one can use it strategically to secure funds through a gold loan, which provides liquidity without selling the asset.

Understanding how to time purchase, leverage a gold loan, and secure the best gold loan interest rate can make a significant difference for those looking to benefit from their gold holdings.

How to take advantage of the gold rate today in Visakhapatnam

Gold prices fluctuate based on various factors, and making smart financial decisions around them can yield significant benefits. Here are some ways investors and borrowers can optimise their gold holdings by staying updated on the gold rate today in Visakhapatnam:

Buying gold strategically

Gold is a long-term investment but purchasing it wisely can make a significant difference. Individuals can follow these approaches to optimise their gold purchases:

• Tracking price trends: Observing gold price patterns over time can help buyers identify the best times to invest.

• Avoiding peak demand seasons: Festive periods, weddings, and other high-demand occasions often push prices higher. Buying in off-peak months can help secure better deals.

• Exploring different purchase options: Gold is available in various forms, including jewellery, coins, and digital gold. Investors can explore different formats based on financial goals.

• Considering international market trends: Global gold prices influence local rates. Monitoring international gold price movements can provide insights into potential price fluctuations.

Using gold for financial needs instead of selling it

Gold can be a strong financial backup, providing liquidity when needed. Instead of selling their gold holdings permanently, investors and borrowers in Visakhapatnam can pledge them as collateral for a gold loan. With the gold rate today in Visakhapatnam and other Indian cities determining the loan amount, this option allows them to retain ownership while accessing funds for urgent expenses, business needs, or personal requirements. A gold loan is especially beneficial for those who require immediate financial assistance without going through lengthy approval processes.

For those looking to leverage their gold assets, Bajaj Finserv Gold Loan offers a hassle-free borrowing solution. With competitive gold loan interest rates, minimal documentation, and quick processing, borrowers can access funds up to Rs. 2 crore without selling their gold. Additionally, they can enjoy relaxed repayment tenures of up to 12 months, further ensuring that financial management remains convenient.

By staying informed about the gold rate today in across cities in India and exploring financing options like the Bajaj Finserv Gold Loan, investors and borrowers can make the most of their gold holdings without compromising long-term financial goals.

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About Bajaj Finance Limited

Investing in mutual funds can sometimes be overwhelming due to the wide variety of options available in the market. However, for investors looking for a balanced mix of relative stability, growth, and potential returns in long term, the Bajaj Finserv Multi Cap Fund could be a suitable choice. This equity fund is a multi cap fund that follows a contrarian investing strategy. The NFO period began on February 6^th, 2025, and is on till February 20^th, 2025.

The Bajaj Finserv Multi Cap Fund NFO is on till February 20th, 2025

Let’s take a closer look at who should consider investing in this fund and why it might be a suitable choice for your portfolio.

What is a multi cap fund

A multi cap fund is a type of mutual fund that invests in companies across different market capitalizations – large cap, mid cap, and small cap with at least 25% investment in each. Large cap companies are typically established companies with stable earnings, mid cap companies are growing companies with significant potential in long term, and small cap companies are newer, smaller companies that can grow significantly in the long term but also come with higher risk.

The Bajaj Finserv Multi Cap Fund, therefore, invests in a combination of all three types of companies. This strategy provides a diversified investment portfolio, spreading the risk across companies of different sizes and growth potential. Such diversification can mitigate the impact of market volatility while offering potential for long-term growth.

Who should invest in Bajaj Finserv Multi Cap Fund

1. Investors aiming to invest in undervalued opportunities

One of the key features of the Bajaj Finserv Multi Cap Fund is its focus on undervalued opportunities. The fund looks for stocks that are trading at a lower price than their intrinsic value. This strategy is known as ‘contrarian investing.’ Instead of following the crowd, the fund’s managers look for investments that others might overlook, aiming that these stocks can perform in the future as their intrinsic value gets recognized by the market.

If you are someone who believes in finding value where others are not looking, this fund could be a suitable fit for you. It’s an opportunity to invest in companies that are expected to grow over time, as their earnings increase and their valuations improve. You can consider starting an SIP or lumpsum investment in the Bajaj Finserv Multi Cap Fund. You can make use of an SIP return calculator to estimate the future value of your investment.

2. Investors looking for suitable investment opportunities in times of volatility

Stock markets are unpredictable, and periods of market volatility are common. However, such volatility also opens up opportunities for investors. The Bajaj Finserv Multi Cap Fund, with its contrarian strategy may benefit investors during times of market uncertainty. The fund does not follow the usual market trends but looks for undervalued stocks, which often arise during periods of market dips.

When markets are going through rough patches, stocks of many fundamentally sound companies are sold at undervalued prices. This fund’s strategy focuses on these kinds of opportunities. So, if you’re an investor who wants to make the most of market corrections and volatility, this fund could be a suitable option.

3. Investors with a horizon of 5+ years to realize the full potential

Investing in a multi cap fund like this is usually more beneficial if you have a long-term investment horizon. The Bajaj Finserv Multi Cap Fund can be suitable for investors who are willing to stay invested for at least 5 years or more. This long-term view helps the fund realize the full potential of its investments. Since the fund follows a contrarian approach, it may take time for the market to recognize the value of the stocks in its portfolio.

Over a 5+ year horizon, the potential for growth becomes more visible as companies grow, increase earnings, and become more valuable. In short, this fund is suitable for long-term investors who understand that real returns from such investments come over time.

4. Investors looking for a one-stop solution with exposure to large cap, mid cap, and small cap segments

The Bajaj Finserv Multi Cap Fund is designed to provide investors with diversified exposure to all segments of the market – large cap, mid cap, and small cap stocks. This diversified exposure helps spread risk, as large cap stocks are usually more stable and mid cap and small cap stocks can provide higher growth potential.

For investors who don’t want to worry about selecting individual stocks from different segments of the market, the Bajaj Finserv Multi Cap Fund offers a convenient one-stop solution. By investing in this fund, you get automatic exposure to a wide range of companies across different market capitalizations, reducing the need for constant monitoring and research on your part.

Conclusion

In conclusion, the Bajaj Finserv Multi Cap Fund can be suitable for investors who are looking for a diversified portfolio that balances relative stability with growth potential. Its contrarian investing strategy focuses on finding undervalued opportunities, which can lead to reasonable returns over time. If you have a long-term investment horizon, are comfortable with some volatility, and want to invest in a mix of large, mid, and small cap companies, this fund could be a suitable addition to your portfolio.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Investing in mutual funds can sometimes be overwhelming due to the wide variety of options available in the market. However, for investors looking for a balanced mix of relative stability, growth, and potential returns in long term, the Bajaj Finserv Multi Cap Fund could be a suitable choice. This equity fund is a multi cap fund that follows a contrarian investing strategy. The NFO period began on February 6^th, 2025, and is on till February 20^th, 2025.

The Bajaj Finserv Multi Cap Fund NFO is on till February 20th, 2025

Let’s take a closer look at who should consider investing in this fund and why it might be a suitable choice for your portfolio.

What is a multi cap fund

A multi cap fund is a type of mutual fund that invests in companies across different market capitalizations – large cap, mid cap, and small cap with at least 25% investment in each. Large cap companies are typically established companies with stable earnings, mid cap companies are growing companies with significant potential in long term, and small cap companies are newer, smaller companies that can grow significantly in the long term but also come with higher risk.

The Bajaj Finserv Multi Cap Fund, therefore, invests in a combination of all three types of companies. This strategy provides a diversified investment portfolio, spreading the risk across companies of different sizes and growth potential. Such diversification can mitigate the impact of market volatility while offering potential for long-term growth.

Who should invest in Bajaj Finserv Multi Cap Fund

1. Investors aiming to invest in undervalued opportunities

One of the key features of the Bajaj Finserv Multi Cap Fund is its focus on undervalued opportunities. The fund looks for stocks that are trading at a lower price than their intrinsic value. This strategy is known as ‘contrarian investing.’ Instead of following the crowd, the fund’s managers look for investments that others might overlook, aiming that these stocks can perform in the future as their intrinsic value gets recognized by the market.

If you are someone who believes in finding value where others are not looking, this fund could be a suitable fit for you. It’s an opportunity to invest in companies that are expected to grow over time, as their earnings increase and their valuations improve. You can consider starting an SIP or lumpsum investment in the Bajaj Finserv Multi Cap Fund. You can make use of an SIP return calculator to estimate the future value of your investment.

2. Investors looking for suitable investment opportunities in times of volatility

Stock markets are unpredictable, and periods of market volatility are common. However, such volatility also opens up opportunities for investors. The Bajaj Finserv Multi Cap Fund, with its contrarian strategy may benefit investors during times of market uncertainty. The fund does not follow the usual market trends but looks for undervalued stocks, which often arise during periods of market dips.

When markets are going through rough patches, stocks of many fundamentally sound companies are sold at undervalued prices. This fund’s strategy focuses on these kinds of opportunities. So, if you’re an investor who wants to make the most of market corrections and volatility, this fund could be a suitable option.

3. Investors with a horizon of 5+ years to realize the full potential

Investing in a multi cap fund like this is usually more beneficial if you have a long-term investment horizon. The Bajaj Finserv Multi Cap Fund can be suitable for investors who are willing to stay invested for at least 5 years or more. This long-term view helps the fund realize the full potential of its investments. Since the fund follows a contrarian approach, it may take time for the market to recognize the value of the stocks in its portfolio.

Over a 5+ year horizon, the potential for growth becomes more visible as companies grow, increase earnings, and become more valuable. In short, this fund is suitable for long-term investors who understand that real returns from such investments come over time.

4. Investors looking for a one-stop solution with exposure to large cap, mid cap, and small cap segments

The Bajaj Finserv Multi Cap Fund is designed to provide investors with diversified exposure to all segments of the market – large cap, mid cap, and small cap stocks. This diversified exposure helps spread risk, as large cap stocks are usually more stable and mid cap and small cap stocks can provide higher growth potential.

For investors who don’t want to worry about selecting individual stocks from different segments of the market, the Bajaj Finserv Multi Cap Fund offers a convenient one-stop solution. By investing in this fund, you get automatic exposure to a wide range of companies across different market capitalizations, reducing the need for constant monitoring and research on your part.

Conclusion

In conclusion, the Bajaj Finserv Multi Cap Fund can be suitable for investors who are looking for a diversified portfolio that balances relative stability with growth potential. Its contrarian investing strategy focuses on finding undervalued opportunities, which can lead to reasonable returns over time. If you have a long-term investment horizon, are comfortable with some volatility, and want to invest in a mix of large, mid, and small cap companies, this fund could be a suitable addition to your portfolio.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

The Ozone Forum of India, a division of Bisleri Charitable Trust, successfully organized its landmark 13th Annual International Conference – the Medical Ozone Longevity Healing Festival. The two-day conference, held at Hotel Sea Princess, Mumbai, brought together medical professionals, healthcare experts and enthusiasts to explore groundbreaking developments in ozone therapy and integrative medicine.

Ramesh Chauhan, Chairman, Bisleri International Pvt Ltd, inaugurates the Ozone Forum of Indias 13th Annual International Conference 2025

Ozone Forum of India is the first and only Ozone Therapy teaching and promoting organisation, whose aim is to provide scientific understanding for health in “holistic totality“.

Glimpse from Ozone Forum of Indias Medical Ozone Longevity Healing Festival

As India’s pioneer institute in ozone therapy education and promotion, the Ozone Forum of India facilitated comprehensive discussions on advancing holistic healthcare solutions. The conference was focusing on knowledge sharing and empowering doctors and health enthusiasts in the latest techniques and technologies of integrated medicine and holistic healing. It was a confluence of science & healing for improving patient’s health and to provide better healing alternatives.

The event witnessed the participation of distinguished guests – Mr. Ramesh Chauhan (Chairman – Bisleri International Pvt. Ltd. & Bisleri Charitable Trust), Dr. D.R. Kaarthikeyan (Ex-Director CBI-DG NHRC, Advisor, Ozone Forum of India), Mr. M. Manickam (Chairman – Sakthi Sugars Ltd. & Ozone Promotor) , Mr. G.D. Rajkumar (Director – Gedee Weiler & Ozone Promotor), Dr. Lamberto Re (Chairman of the Scientific Advisory Committee, World Federation of Ozone Therapy), Dr. Patana Teng Umnuay (Dean of College of Integrative Medicine at Dhurakij Pundit University and CEO of Health Education & Academics Thailand), Dr. Mili Shah (President – Ozone Forum of India & Trustee – Bisleri Charitable Trust) & Dr.Jignasha Captain (Director – Ozone Forum of India).

The conference was focused in laying out the scientific approach of Ozone Therapy in treatment of different diseases. The distinguished speakers elaborated Ozone Therapy’s benefits in treating a wide range of health disorders, from chronic conditions like infected wounds, circulatory disorders, and age-related conditions to more serious diseases such as macular degeneration, viral infections, arthritis, cancer, Covid-19, diabetes, circulatory disorders, tuberculosis, etc. Ozone Therapy has thus shown pain relief and healing to countless individuals, proving its immense potential to revolutionize the way we approach healthcare.

The conference began with an engaging keynote by Dr. Re, who provided valuable insights into the clinical applications of medical ozone, highlighting its safety and versatility in treating a range of pathological conditions. The next day, Dr. Umnuay delivered an intriguing talk on the fascinating world of Mitochondrial Bioenergetics.

Dr. Mili Shah, President of Ozone Forum of India and Trustee of Bisleri Charitable Trust, highlighted the vast possibilities of Ozone Therapy and thanked the medical fraternity for attending the conference in her statement, “The conference witnessed diverse perspectives on revolutionary healthcare approaches, from epigenetics and DNA methylation to integrated oncology and pain management. The discussions delved deep into crucial areas including gut healing, infectious disease protocols, autism, neurodevelopmental diseases, cognitive frailty, gynecological disorders, dentistry, and diabetes management. I am grateful to the entire medical fraternity for their overwhelming participation in making our 13th Annual Conference a resounding success. As of today, we have trained more than 3,500 doctors in India & other Asian countries.”

Mr. Ramesh Chauhan, Chairman of Bisleri International Pvt. Ltd. & Bisleri Charitable Trust, in his speech emphasized that, “We are committed to promoting safe and effective use of Ozone Therapy. In the last few years, Ozone therapy has shown remarkable results in medical and wellness therapies. We have our own state-of-the-art Ozone Centre in Bisleri, where we offer this therapy at cost-effective solution to health problems. In future, we will be interested in more research and clinical developments.”

Dr. D.R. Kaarthikeyan in his comment said that, “As a patron and a strong believer of integrated medicine, meditation more than medicine and peace for world I believe that selfcare is the important to tool to keep our society healthy and only healthy society can build a strong nation, so I urge all to join the movement of being healthy and happy. It is our shared responsibility to unite and explore the full potential of Ozone Therapy, ensuring its widespread benefits for the public.”

The conference concluded with a renewed commitment to advancing research, education, and practical applications of ozone therapy, promising a future where traditional wisdom meets modern medical science for optimal patient care.

About Bisleri International Pvt. Ltd.

With a legacy of over 54 years, Bisleri International Pvt. Ltd has grown to become one of the largest premium beverage businesses in India. Being the makers of the countrys largest-selling packaged drinking water, Bisleri follows a stringent process of 114 quality tests and a 10-stage purification. It remains true to its core value of providing consumers with pure, safe and healthy water.

Bisleri International has a strong presence with 128 operational plants and a robust distribution network of over 6,000 Distributors and 7,500 Distribution Trucks across India and neighboring countries. It offers a range of beverages that are produced for all occasions. Whether it is the promise of goodness, trust, and purity with Bisleri Mineral Water, or a daily dose of health offered through Vedica Himalayan Spring Water. Besides, Bisleri International has ventured into fun-filled refreshments with a diverse range of carbonated drinks available in multiple flavors, such as Pop, Rev, Limonata and Spyci Jeera. These Bisleri products are also available on the e-commerce platform – Bisleri @Doorstep. This D2C platform reassures customers that they will receive a safe and uninterrupted supply of their most trusted brand at their doorstep.

The core values of Bisleri International lie in yielding growth and embedding sustainability by being responsible in all aspects of the business. The organization has unveiled Sustainability 2.0 with Bisleri Greener Promise that focuses on creating greener future for all through implementing initiatives under the program of recycling, water conservation and sustainability.

For more information on Bisleri International, our people, brands, and OSR initiatives, visit www.bisleri.com.

Rado, the revered “Master of Materials,” proudly presents its latest design masterpiece-the Rado DiaStar Original x Tej Chauhan. This extraordinary creation reimagines the legendary DiaStar Original, seamlessly blending six decades of iconic craftsmanship with the visionary genius of British industrial designer Tej Chauhan.

L-R – Ms Simran Chandhoke, Brand Manager – RADO (Business Head India), Designer, Mr Tej Chauhan and Mr Adrian Bosshard, CEO of Rado

A bold reinterpretation of a timeless classic, the DiaStar Original x Tej Chauhan features a radiant yellow-gold-coloured PVD-coated Ceramos™ bezel, celebrated for its unmatched durability and brilliance. Paired with a light grey, pillow-shaped rubber strap, it juxtaposes elegance with a contemporary edge. The matt black dial, accented by a striking silver and blue minute track, is an artistic marvel, further distinguished by Chauhan’s proprietary typography for the day-date display.

Beneath its exquisite exterior lies Rado’s calibre R764 automatic movement, offering an 80-hour power reserve and enhanced precision through its Nivachron™ antimagnetic hairspring. With a water resistance of up to 10 bar (100 meters), the timepiece marries impeccable performance with design ingenuity.

Adrian Bosshard, CEO of Rado, reflects on the partnership, “Tej Chauhan has delivered a visionary interpretation of the DiaStar, honouring its enduring legacy while propelling it into a bold new future. His brilliance is evident in every detail.”

Tej Chauhan shares his inspiration, “DiaStar Original is a Rado icon, so my challenge was to create design distinction without compromising its integrity.”

The Rado DiaStar Original x Tej Chauhan is not merely a watch but a statement of artistry, craftsmanship, and the unyielding pursuit of innovation.

Step into the future of horological excellence at rado.com.

#Rado #DiaStarOriginalxTejChauhan #FeelIt #MasterOfMaterials

Axis Max Life 9M FY25 Highlights:

• New Business Premium*: ₹8,091 crore, up 16%; Proprietary channels APE grew by 41%;

• Gross Written Premium: ₹21,360 crore, up 14% YoY

• Embedded Value at ₹24,129 crore, grows 29% with an Operating RoEV of 17.3%

• Individual New Business Sum Assured grew by 34%

• Assets Under Management (AUM) at ₹1,71,705 crores, up by 20%

• New retail policy sales increase by 19% during 9M FY25

Max Financial Services Limited has recorded consolidated revenue^ of ₹34,106 crores during 9M FY25, up by 8%. The consolidated revenue excluding investment income at ₹20,906 crore grew by 14% year-on-year during 9M FY25.

Max Financial Services reports 8% growth in consolidated revenue in 9M FY25 rising to ₹34,106 crore; Axis Max Life Insurance’s Total APE grew 26%

In 9M FY25, Axis Max Life Insurance Limited’s (Axis Max Life/ the Company) New Business Premium (Individual and Group) grew by 16% to ₹8,091 crore and Individual Adjusted First Year Premium grew by 25% to ₹5,352 crore leading to private market share gain by 41 bps to 9.3%. Number of new retail policies grew by 19%. Further, the renewal premium rose by 12% to ₹13,269 crore, taking the Gross Written Premium to ₹21,360 crores, an increase of 14% over the previous financial year. Additionally, the Company registered a growth of 9% in VNB in first 9 months despite the impact of surrender regulations in third quarter.

During the third quarter, the Company continued its growth momentum within its proprietary channels and grew its APE by 26%, backed by a secular growth within Agency, Cross Sell and E-commerce channel. This growth was fueled by a successful NFO launch, Sustainable Wealth 50 Index Fund. Additionally, the Company successfully refreshed its brand identity and changed its corporate name from erstwhile, Max Life Insurance Company Limited to now Axis Max Life Insurance Limited.

Mr. Prashant Tripathy, CEO and Managing Director, Axis Max Life, said, “During 9M FY’25 Axis Max Life increased its market share by 41 bps with an Individual Adjusted FYP growth of 25% vs a growth of 19% for Private Industry and a growth of 14% for Total Industry. Our strong 9M FY25 performance underscores our strategic commitment to expanding proprietary channels, strengthening partnerships, and tapping into new customer segments. With focused investments and robust execution, we continue to drive sustained growth across all channels.

Further, our rebranding to Axis Max Life leverages the combined strength and trust of two leading financial brandspropelling our strategic expansion beyond major metros and Tier 1 cities. This leverages our legacy of trust and expertise and adds the confident familiarity of the Axis brand, ultimately driving enhanced value creation for our stakeholders.”

In 9M FY25, the Company’s Annual Premium Equivalent (APE) grew by 26% driven by a strong growth of 41% within Proprietary channels and 16% within Partnership channels. The contribution of Proprietary channels to total new sales increased from 40% in 9M FY24 to 44% in 9M FY25. The Company maintained leadership position in overall E-commerce business in both online Protection, and online Savings. The new business growth was fuelled by strong growth in Protection & Health, ULIP and Group Credit Life. Retail Protection & Health grew by 37%, Group Credit Life grew by 18% in 9M FY25. Additionally, the Company has successfully on-boarded 32 new partners in 9M FY25, including 3 Banca Partners – India Post Payments Bank, NSDL Payments and CSB Bank.

Focusing on product innovation, the Company launched another NFO during Q3, Sustainable Wealth 50 Index Fund along with a new Term product, “Smart Term Plan Plus”. This new protection plan offers customers flexibility to opt from 7 plan variants tailored to better meet customer needs, including income protection and whole life coverage up to age 100. Additionally, it also includes instant payment upon claim intimation, auto-rebalancing of life and ADB cover, and a Maternity cover for female lives Insured to safeguard themselves from certain Pregnancy related complications and their new born against Congenital Anomalies. Our focus on protection has led to a strong growth of 34% in Individual new business Sum assured.

In 9M FY25, Axis Max Life’s persistency performance has continued to improve with a leadership position maintained in 13-month persistency (basis number of policies) at 84.8%.

Key Financial Summary of Axis Max Life:

About Max Financial Services Limited

Max Financial Services Limited (MFSL) is part of India’s leading business conglomerate – the Max Group. Focused on Life Insurance, MSFL owns and actively manages an ~81% majority stake in Axis Max Life Insurance Limited.

MFSL is listed on the NSE and BSE. Besides a 3.3% holding by Analjit Singh and sponsor family, some of the other group shareholders include MSI, Ward ferry, New York Life, Capital, GIC, Baron, Vanguard, Jupiter, Blackrock, and the Asset Management Companies of DSP, Nippon, HDFC, ICICI Prudential, UTI, Motilal Oswal, Canara Robeco, Sundaram, Aditya Birla Sun Life, Mirae, and Kotak.

About Axis Max Life Insurance Ltd.

Axis Max Life Insurance Ltd. (formerly known as Max Life Insurance Company Ltd. is a Joint Venture between MFSL and Axis Bank Limited. Axis Max Life offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per the annual audited financials for FY2023-24, Axis Max Life has achieved a gross written premium of INR 29,529 Cr.

For more information, please visit the company website at www.maxlifeinsurance.com.

^ Includes investment income
* New business premium includes individual and group premium

Netrack’s participation in the BICSI event in Chennai on December 21st 2024, marked the year with productivity and success. As a leader in the manufacturing of data center racks and IT infrastructure solutions, Netrack showcased its cutting-edge offerings to meet the growing demands of high and medium-density environments. Over fifty industry professionals attended the event. In fact, it was a grand success with enthusiastic participation and insightful discussions.

Netrack Engages Industry Leaders at BICSI Chennai with Future-oriented IT-solutions

One of Netracks heart and soul, Mr. Krishna Raj, gave an enthusiastic presentation that gave the event a boost. He conducted a comprehensive and engaging session with interesting discussions on Netracks latest solutions for high and medium-density requirements. Throughout his presentation, he emphasized on important innovations such as the rear door heat exchanger. He elaborated on the cutting-edge solution designed by Netrack to optimize cooling and energy efficiency in a high-density data center environment. He spoke into detail about Netracks state-of-the-art solution for maximizing energy efficiency and cooling in a high-density data center setting. By addressing important industry challenges related to thermal management, Netrack gained special attention from all the participants due to its potential to enhance operations and reduce costs.

Mr. Krishna Raj was joined by Mr. Ramesh from Chennai, a key member of the Netrack team, and together they answered audience questions and provided valuable insights into how Netrack’s solutions are shaping the future of IT infrastructure management. They also emphasized the sustainability and efficiency aspects that set Netrack apart in the industry.

Netrack also demonstrated its CE-certified Power Distribution Units (PDUs) at the event, which impressed industry professionals with their quality, safety, and reliability. The real-time display of the CE-certified PDUs showcased the robust performance and seamless integration of Netrack’s PDUs into data centers and allowed everyone present to experience the efficiency of the offering. Such a live demonstration in the BICSI event in Chennai further enhanced Netrack’s reputation for delivering innovative solutions that meet global standards.

Overall, the event provided an excellent opportunity for Netrack to connect with key stakeholders in the IT and data center industry. It enabled the scope for future engagements by highlighting its commitment to innovation and customer-focused solutions.