Stavya Spine Hospital, a renowned leader in exclusive spine care for over two decades, has introduced the Open Standing Weight Bearing MRI(Manufactured by Esaote SpA Italy) to its suite of advanced diagnostic tools. This innovative technology, designed specifically to meet the unique demands of spine diagnostics, enables imaging in standing, sitting and supine positions, offering new dimensions in evaluating spine conditions. The addition of this tool underscores Stavya’s commitment to ethical care, transparency, and advancing patient outcomes.

Stavya Spine Hospital introduces Gujarats first State-of-the-Art Weight Bearing Spine MRI, bringing new dimensions to spinal surgery

Transforming Diagnostics with Open Standing MRI

Unlike conventional MRIs, which require patients to lie flat for higher-resolution imaging, the Open Standing Esaote’s MRI allows for weight-bearing assessments of the spine. This machine is particularly suited to dynamic evaluations of conditions such as scoliosis, degenerative disc disease, and spinal instability. For patients with claustrophobia or anxiety about traditional MRI machines, the Open Standing MRI provides a more comfortable and open environment. Additionally, this technology can also be used to image the knee and hip in weight-bearing positions, offering valuable insights into joint health.

Dr. Mirant Dave, Spine Surgeon at Stavya, explained, “Our diagnostic philosophy is rooted in understanding how the spine functions under real-life conditions. The Open Standing Esaote’s MRI helps us evaluate the behavior of the spine under load, which is invaluable when determining whether a condition requires surgical intervention or can be managed conservatively. This is another step in our mission to deliver ethical, evidence-based care.”

The Open Standing MRI is an essential tool for conditions where dynamic, functional imaging is critical.”

Advanced Spine Care at Stavya

Stavya Spine Hospital has set itself apart as a center of excellence for spine care, combining cutting-edge technology, expert medical professionals, and a patient-first philosophy. As the only hospital in India exclusively dedicated to spine care, Stavya offers a comprehensive range of advanced treatments and diagnostics:

• Robotics in Spine Surgery: Revolutionizing complex procedures with enhanced precision and minimal risk.

• Endoscopic Spine Surgery: Delivering minimally invasive solutions for faster recovery and reduced discomfort.

• German Advanced Physiotherapy: Employing structured, evidence-based rehabilitation techniques for long-term recovery.

These technologies and techniques have been meticulously integrated into Stavya’s framework to provide a holistic approach to spine care. Every patient’s journey-from diagnosis to treatment and rehabilitation-is tailored to their specific needs, ensuring optimal outcomes and long-term spine health.

Dr. Bharat Dave, Director and Spine Surgeon, remarked, “At Stavya, we have always prioritized integrating the best of technology, talent, and treatment methods to provide our patients with comprehensive spine care. The Open Standing MRI complements this approach, helping us better understand and treat conditions that require dynamic imaging.“

The Team of Experts at Stavya

Stavya Spine Hospital prides itself on its team of highly skilled spine surgeons and physiotherapists who are dedicated to providing the best care. The surgical team includes:

• Dr. Bharat Dave

• Dr. Mirant Dave

• Dr. Ajay Krishnan

• Dr. Hitesh Modi

• Dr. Shivanand Mayi

• Dr. Raviranjan Rai

• Dr. Mukesh Patel

• Dr. Devanand Degulmadi

Together, this team brings decades of experience and expertise in managing complex spine conditions through advanced surgical techniques and ethical decision-making. The team’s collaborative approach ensures every patient receives the most effective care, whether surgical or conservative.

Stavya also boasts a world-class physiotherapy team, led by Dr. Akruti Dave, that works in close coordination with the surgeons to create comprehensive rehabilitation plans. Their focus is on ensuring patients regain optimal mobility and strength, whether recovering from surgery or managing their condition through conservative means.

Physiotherapy and Spine Health Checkups

Physiotherapy is a cornerstone of spine care, and Stavya emphasizes its role in both surgical and non-surgical treatment plans. Tools like the Open Standing MRI are invaluable for understanding a patient’s functional limitations and tailoring rehabilitation programs accordingly.

Dr. Akruti Dave, Head of Physiotherapy, shared, “Physiotherapy plays a vital role in improving patient outcomes. The Open Standing MRI helps us assess the mechanical and functional aspects of the spine more effectively, which is essential in designing personalized recovery plans. It also enhances our ability to help patients who are pursuing conservative care options.“

In addition to rehabilitation, Stavya has introduced Spine Health Checkups, a comprehensive program aimed at early detection and prevention of spine-related issues. The Open Standing MRI plays a central role in these checkups by offering dynamic imaging that uncovers subtle abnormalities and helps guide proactive treatment.

Dr. Akruti Dave added, “Spine Health Checkups are critical for detecting problems early, especially in individuals with sedentary lifestyles, poor posture, or chronic back pain. The Open Standing MRI allows us to offer patients a detailed understanding of their spine health, enabling timely interventions that can prevent further complications.”

Two Decades of Trust and Global Impact

Stavya Spine Hospital has built a legacy of trust over 20 years, treating thousands of patients from across India and the world. Patients turn to Stavya not only for its advanced technology but also for the hospital’s unwavering commitment to ethical, patient-first care.

In addition to its clinical impact, Stavya has been instrumental in training over 100 spine surgeons, many of whom now practice internationally. This focus on education and mentorship has helped Stavya contribute to the global advancement of spine care, ensuring its expertise reaches far beyond the hospital’s walls.

A Vision for the Future: Asia’s Largest Exclusive Spine Hospital

Looking to the future, Stavya is preparing to launch a new Center of Excellence in 2025, which will be the largest exclusive spine hospital in Asia. This landmark facility will expand Stavya’s capabilities, featuring advanced diagnostic and treatment technologies, increased capacity for patient care, and dedicated spaces for research and education. This project underscores Stavya’s ambition to remain at the forefront of spine care globally.

Mrs. Amita Dave, Managing Director, stated, “As we prepare for this new chapter, our focus remains on maintaining the trust of our patients. The Open Standing MRI is more than just a new diagnostic tool-it reflects our values of transparency, ethics, and a commitment to providing the most appropriate care for each individual.“

The Value of Transparency in Diagnostics

At Stavya, transparency is central to its care philosophy. The introduction of the Open Standing MRI is no exception. By openly sharing the specifications and purpose of this tool, Stavya ensures patients understand its role in their diagnostic journey.

Dr. Preety Krishnan, Radiologist, explained, “The Open Standing MRI is an important tool for specific spine conditions that require imaging in natural, weight-bearing positions. It’s ability to provide functional insights into the spine’s behavior is invaluable for certain diagnoses. This transparency helps patients feel confident and informed about their care.“

About Esaote Group

Esaote Group is a leader in medical imaging (ultrasound, MRI and diagnostic process management software). At the end of 2023, the Group had 1,250 employees, half of which are based in Italy. With facilities in Genoa and Florence and its own production and research units in Italy and the Netherlands, Esaote is present in over 100 countries worldwide. www.esaote.com

About Stavya Spine Hospital

Stavya Spine Hospital is committed to providing world-class spine care through a compassionate, patient-focused approach. Specializing in the diagnosis, treatment, and rehabilitation of spinal conditions, the hospitals team of highly skilled doctors, surgeons, and healthcare professionals is dedicated to delivering advanced, personalized care to enhance the quality of life for its patients.

With state-of-the-art facilities and cutting-edge technology, Stavya Spine Hospital offers a wide range of services, including minimally invasive spine surgery, non-surgical treatments, pain management, and physical therapy. Whether patients are dealing with chronic back pain, spinal injuries, or degenerative conditions, the hospital provides tailored solutions to meet their unique needs.

For more information, please contact: www.stavyaspine.com.

• Participation from 6000+ students from MAAC, over 1000 creative entries shortlisted

• 1500+ external entries from 100+ countries

• 400+ students awarded

MAAC (Maya Academy of Advanced Creativity), a premier institute pioneer in high-end 3D animation, VFX, Game Design and Digital Design recently hosted its 21st edition of 24FPS International Animation Awards – India’s most sought-after international animation awards on 13th December 2024 at Hotel Sahara Star, in Mumbai. Over a thousand luminaries from the Media & Entertainment industry came together to celebrate incredible talents from around the world at this grand event. With over 6000+ student participation in over 40 categories; this groundbreaking event witnessed an audience from all over the country India and abroad.

Winners of 3D Animation Short Film category at 24FPS 2024

24FPS is one of the most awaited events for the AVGC (Animation, VFX, Gaming & Comics) community, where thousands of students participate in various categories to bring their imagination to life and create work on par with industry standards. 24FPS also has enthusiastic global participants who showcase their artistic flair in the external categories of the awards meant for students, creative professionals and renowned studios. 24FPS International Animation Awards saw huge participation of 1500 plus independent entries (External category) from 100 countries, over the years, noteworthy amidst these being Vietnam, United Kingdom, France, South Africa, Singapore, Germany, Brazil, Japan, and Indonesia, among others.

Jashwanth Bopanna wins Reality TV Icon of the Year 2024 at 24FPS

Over 400 industry leaders and professionals attended this dazzling awards night to witness on of the most revered events of the Indian Media and Entertainment Industry. Awards were given across categories such as Best 3D Animated Short Film, Best VFX Film, Digital Film Making, 3D Game Assets, AI Digital Comics and many more. The distinguished panel comprised of senior personnel from top production houses & institutions such as Ashish Kulkarni, Chairman, FICCI AVGC-XR Forum, Omjiwan Gupta, Education Leader – India & South Asia, Adobe, Viral Thakkar, Creative Director, ReDefine India, Munjal Shroff, CEO Graphiti & Co-Chairman of the FICCI AVGC Forum, Rajiv Chilaka, Founder & CEO Greengold Animation and Bejoy Arputharaj, CEO, PhantomFX, amongst many others. The awards showcased exemplary pieces of art in various categories and over 400 participants among those were awarded on the virtual stage.

In the special “Movers and Shakers” category, the audience was captivated with the presence of Jashwanth Bopanna who was awarded the ‘Reality TV Icon of the Year,‘ Aditya Shetty as the ‘Popular Male Comedy and Creative Content Creator,‘ Ravish Shetty as the ‘Emerging Content Creator Comedy, 2024’, Vishakha & Divesh as ‘Emerging Couple Content Creator 2024’ and Bigg Nerds as the ‘Best Comedy Group Creators, 2024‘.

Renowned professionals and respected leaders from the media & entertainment industry joined the celebration. PhantomFX was recognised with the VFX Excellence Award 2024. 88 Pictures were awarded with the Animation Excellence Award 2024. Nazara Technologies was honoured with Gaming Excellence Award 2024. Ogilvy took home the Design & Innovation Excellence Award 2024 and, Adobe won the Technology Innovation Award 2024.

Mr. Atul Jain, Managing Director & Chief Executive Officer, Aptech Limited said, “We are thrilled to have hosted the 21st edition of the MAAC 24FPS International Animation Awards. This prestigious event celebrates exceptional creative works, recognized by an esteemed jury. Over the years, it has been a joy for all of us at Aptech and MAAC to witness the tremendous growth of this powerful platform for showcasing the best talent in the media and entertainment industry.”

He further added, “MAAC is committed to meeting the growing demand in the AVGC industry by fostering young talent and preparing them for professional success. Events like 24FPS celebrate creativity and help build a strong community of skilled professionals. Congratulations to the winners and all participants for their exceptional work and admirable spirit. A heartfelt thanks to the esteemed jury for their valuable guidance and support.”

According to the FICCI EY M&E 2024, the Media and Entertainment (M&E) sector in India is experiencing substantial growth, with a predicted increase from INR 2.55 trillion to INR3.08 trillion by 2026, representing a compound annual growth rate (CAGR) of 10.2%. The animation segment grew by 6% in 2023, reaching INR114 billion, while VFX expanded by 10% in India. Notably, the Indian M&E sector is projected to expand at a CAGR of 10%, contributing an additional INR 763 billion over the next three years. New media is expected to account for 61% of this growth, with animation and VFX contributing 9%, and television also adding 9%.

With the best-in class curriculum and 6 edge advantage like technical skills, industry readiness, creativity, teamwork, working under deadlines, resilience, and personality development MAAC is regularly training students in various aspects of Media & Entertainment Industry viz 3D Animation, VFX, Gaming, Digital Design & Broadcast. MAAC believes that initiatives & platforms such as MAAC 24FPS plays a far crucial role in not just skilling the youth, but also preparing them for a successful career in the Media & Entertainment Industry.

24FPS is a marquee event that has created long lasting impact to the AVGC sector in India, over the last two decades. Students, teachers, creative professionals, and industry veterans – all look forward to this awards & gala evening, by MAAC and Aptech, to identify, inspire and initiate groundbreaking initiatives that can take the VFX, Gaming, comics, animation and digital design segment of India to greater heights.

About MAAC
Maya Academy of Advanced Creativity (MAAC) is India’s leading training institute for high-end 3D Animation and Visual Effects. Founded in 2001 & a major brand of Aptech Ltd, MAAC has trained over lakhs of students, worldwide. It has in total over 130 centres globally with cutting-edge infrastructure in over 65+ cities.

MAAC offers industry relevant career courses on 3D Animation, Visual Effects, Gaming, Digital Design, Filmmaking, Broadcast, VR & AR. MAAC courses are thoughtfully designed to provide students thorough insights about the dynamics of the industry. It provides real-life training environment to students, backed by excellent faculty, world-class infrastructure, and the latest technical tools.

MAAC students are placed across all domains of the Media & Entertainment industry in India & overseas. With our job-ready courses, MAAC students are placed in leading production houses and studios such as DNEG, Amazon, Red Chillies VFX, Accenture, Green Gold Animation, Technicolor, NDTV, NY VFXwaala, Industrial Light & Magic (ILM), Framestore, PhantomFX, BotVFX, 88 Pictures, and Folks VFX, amongst others.

For further information please visit- www.maacindia.com.

Times Prime, Indias premium lifestyle membership program, and HDFC bank, recently hosted an exclusive Times Prime Purple Carpet premiere of the highly anticipated film, “Pushpa 2: The Rule” for HDFC Diners Club and Times Prime members.

Exclusive Purple Carpet experience for Times Prime and HDFC Diners Club members

The event, held last week, offered members a unique opportunity to experience the cinematic spectacle on the big screen. The evening was filled with excitement, as members walked the Purple Carpet, enjoyed delectable food and beverages, and received exclusive goodies.

HDFC Diners Club members enjoy access to the Times Prime Purple Carpet , across major metro cities, ensuring an extensive and inclusive reach. The members also get access to a wide range of benefits offered by Times Prime, from entertainment to wellness and beyond.

Watch out Times Prime for more such events during the holiday season.

For more information, please visit to www.timesprime.com.

The second edition of India’s largest and premier Elevator and Escalator Expo – ISEE 2024, recently concluded on a high note at the Bombay Exhibition Centre, Mumbai. Over three dynamic days, the expo showcased cutting-edge advancements in the elevator and escalator industry, reinforcing India’s position as a global hub for innovation and sourcing in this sector.

Organisers, Chief Guest & Dignitaries at Inauguration of ISEE 2024 Expo in Mumbai

Inaugurated by Dr. Niranjan Hiranandani, an iconic real estate tycoon and industrialist, the event celebrated India’s burgeoning infrastructure potential. Dr. Hiranandani lauded the industry’s prospects, stating, “With robust growth in infrastructure and real estate, the elevator and escalator industry is poised to grow at a minimum of 25% per annum over the next five years. However, to sustain this growth, industry leaders must prioritize skilling their workforce to meet the rising demand for trained professionals.”

A Record-Breaking Showcase of Innovation and Networking
Spanning over 3,00,000 square feet across Halls 1 and 2, ISEE 2024 hosted more than 200 exhibitors, including major Indian companies, global multinationals, OEMs, and component manufacturers. Brands such as KONE, Johnson Lifts, WITTUR, and AV CAM unveiled ground-breaking products, highlighting advancements in safety, energy efficiency, and smart technologies.

ISEE 2024 witnessed domestic as well as international participation from Turkey, Canada, Germany, & Switzerland.

Keynote Insights and Knowledge-Driven Dialogues
TAK Mathews, Principal Consultant at TAK Consulting and the event’s organizer, remarked, “ISEE bridges OEMs and component manufacturers while positioning India as a preferred global sourcing hub. This platform enables stakeholders to exchange best practices and showcase innovations that set benchmarks on an international scale.”

The expo featured engaging conferences and panel discussions covering topics such as elevator safety, emergency evacuation, urbanization challenges, and solutions for low-cost housing. Thought leaders like Amit Gossain (KONE) & John K. John (Johnson Lifts), enriched the sessions with their insights.

Recognizing Excellence: The ISEE Quiz Grand Finale
Adding a competitive edge, the year-long ISEE Quiz culminated in a grand finale at the expo. Designed to promote awareness of industry standards, the quiz saw Johnson Lifts’ team crowned as champions, earning a cash prize of ₹5 lakh.

Strengthened by Collaboration
ISEE 2024 garnered robust support from prominent organizations, including CTBUH India, IEEMA, FSAI, and IAEC. These partnerships emphasized the expo’s commitment to enhancing safety, setting global standards, and driving innovation.

Expanding Horizons: ISEE’s Global Vision
Looking ahead, ISEEVENTUS announced its international debut with ISEE Africa in Nairobi (26-28 November 2025) and the third edition of ISEE in New Delhi (3-5 December 2026). These ventures reflect the expo’s mission to elevate the global elevator and escalator industry.

About ISEE
The International Sourcing Exposition for Elevators & Escalators (ISEE) is a pioneering platform uniting stakeholders across the industry. By fostering innovation, collaboration, and education, ISEE continues to advance India’s stature as a leader in elevator and escalator technology.

To know more about the ISEE, visit www.isee-expo.com.

Supreme Nonwoven, a global leader in nonwoven material innovation, is proud to announce the launch of the Circuline Innovation Lab, a groundbreaking initiative that promises to transform sustainable material design and production.

UniLoop Lamp made from 80% recycled materials, BioCell Stool combines plant-based fibre and recycled paper, Topnat Climate Clock highlights the beauty of natural fibres

The Circuline Innovation Lab represents a significant leap forward in Supremes commitment to environmental sustainability. Engineered to redefine material development, the Circuline range is built on a revolutionary approach that embraces renewable, recycled, and reclaimable materials. Every aspect of these innovative materials is designed to minimize waste and maximize utility, creating a closed-loop system that harmonizes with the natural environment.

At the core of the Circuline Innovation Lab, is a bold vision of regenerative design. The initiative goes beyond traditional sustainability models, offering a comprehensive approach that challenges manufacturers, designers, and innovators to reimagine material use. By integrating cutting-edge nonwoven technologies with sustainable design principles, Supreme is creating materials that are not just environmentally friendly, but actively contribute to ecological restoration.

Developed in collaboration with visionary designer Aditi Kedia, the Circuline range was showcased during Raw Collaborative 2024, where it garnered significant attention from industry leaders. However, the true impact of the Circuline Innovation Lab extends far beyond a single event, positioning Supreme as a global leader in sustainable material solutions.

The launch marks a critical milestone in Supreme Nonwovens journey towards comprehensive environmental responsibility, offering a tangible solution for industries seeking to reduce their ecological footprint.

Highlighting this vision is Supreme’s collaboration with Aditi Kedia, Principal Designer at Thought C Found Studio, known for her innovative approach to sustainable product design. Together, Supreme and Aditi have transformed Circuline materials into inspiring applications, including:

• UniLoop™ Lamp: made with 80% recycled mono-polymer material, showcasing versatility and durability.

• BioCell™ Stool: A structural masterpiece made from cellulosic fibres and recycled paper, offering strength and elegance.

• Topnat™ Climate Clock: A design that enhances the aesthetic of natural fibres, reflecting the beauty of sustainability.

This collaboration bridges material science with artistic ingenuity, reinforcing Supreme’s commitment to advancing a circular design process.

About Supreme Nonwoven

Supreme Nonwoven is at the forefront of Nonwoven material innovation, serving diverse industries, including apparel, automotive, and filtration. With state-of-the-art RCD facilities and a mission to redefine sustainability, Supreme is driving transformative solutions that emphasise renewable, recyclable, and reclaimable materials.

Through Circuline, Supreme aims to inspire industries and designers worldwide to adopt circular thinking, encouraging a shift from linear production models to sustainable, multi-cycle systems.

Together, let’s transform materials and reimagine possibilities for a greener, more resilient world.

For more information, please visit www.supremegroup.co.in.

Recently, Porsche Centre Chandigarh hosted an exclusive event, the Porsche Hill Drive at Kasauli, where we invited our esteemed Porsche customers along with potential prospects. The event provided an exciting opportunity for attendees to experience the thrill of driving a Porsche on the picturesque hills of Kasauli, showcasing the car’s exceptional performance in real-world conditions. The drive was followed by an exclusive gathering, where enthusiasts could engage with fellow Porsche owners and learn more about the latest offerings from the brand.

The Porsche experience centre

Nestled in the heart of Chandigarh, Porsche Centre Chandigarh is a state-of-the-art dealership that showcases the iconic German luxury sports car brand’s esteemed range. This sleek and modern facility is designed to provide an unparalleled ownership experience for Porsche enthusiasts and owners in the region. Karan Grover and Akshay Grover, Directors of Ashwani Automobiles Pvt Ltd, expressed their enthusiasm about the event, “We are thrilled to have hosted this exclusive event.”

Get ready to accelerate your dreams at Porsche Centre Chandigarh, the ultimate destination for luxury car enthusiasts

Impeccable Design and Hospitality
As you step into the Porsche Centre, you’re greeted by a spacious and elegantly designed showroom that exudes sophistication. The facility boasts a large display area, allowing you to admire the sleek lines and stunning features of the latest Porsche models. The knowledgeable and friendly staff are always on hand to provide personalized attention and expert guidance.

Exclusive Range of Porsche Models
Porsche Centre Chandigarh offers an extensive range of new and pre-owned Porsche vehicles, including the iconic 911, Macan, Cayenne, Panamera, and Taycan. Each model is meticulously crafted to deliver exceptional performance, comfort, and style.

State-of-the-Art Service Facility
The centre’s cutting-edge service facility is equipped with the latest technology and staffed by highly trained technicians. They ensure that every Porsche receives the utmost care and attention to detail, guaranteeing optimal performance and longevity.

Amenities and Events
Porsche Centre Chandigarh also hosts exclusive events and activities for Porsche owners and enthusiasts, including test drive experiences, driving workshops, and lifestyle events. The center’s amenities include a comfortable lounge area, Wi-Fi connectivity, and refreshments.

Experience the Porsche Difference
Visit Porsche Centre Chandigarh today and discover why Porsche is renowned for its exceptional performance, innovative technology, and unwavering commitment to excellence. Whether you’re a seasoned Porsche owner or a newcomer to the brand, this Centre is dedicated to delivering an unforgettable experience.

Ashwani Automobiles Pvt Ltds Directors, Karan Grover and Akshay Grover, shared their excitement, “Hosting this exclusive event was an absolute delight. Were committed to delivering exceptional service and unforgettable experiences for Porsche enthusiasts.“

The process of obtaining a business loan can be complex, with financial institutions carefully evaluating various factors to assess risk. One of the key elements that significantly impacts a borrowers chances of securing a loan is collateral.

Collateral Requirements for Business Loan

Understanding the role of collateral in business loans becomes crucial as businesses navigate the complexities of securing financing for growth. Collateral serves as a safety net for financial institutions, reducing their risk and often making it easier for borrowers to access the funds they need.

Shriram Finance, a leading light in the NBFC (Non-Banking Financial Company) sector, offers secured and unsecured business loans with competitive interest rates and flexible tenure options, making it seamless for businesses of all sizes to scale growth.

What is Collateral
Collateral is an asset pledged by a borrower to secure a loan, which the lender can take possession of and sell if the borrower fails to repay the loan. Common types of collateral include real estate, inventory, equipment, and accounts receivable. By offering collateral, borrowers can often secure larger loan amounts, lower interest rates, and more favourable terms.

Why Do Financial Institutions Require Collateral
Financial institutions require collateral to mitigate the risk of lending. When a business applies for a loan, the financial institution assesses the risk associated with lending to that business. Collateral provides the lender with a form of security, ensuring that they can recover their funds if the borrower defaults. This reduces the loan providers potential losses and can make them more willing to approve loans, particularly for new businesses or those with weaker financials and no robust credit history.

Types of Collateral Used in Business Loans
The most common types of collateral a financial institution may ask for to approve your business loan are:

• Real Estate or Property: One of the most common forms of collateral-real estate-including agricultural land, commercial properties, land, and even residential properties, can be used to secure a loan. The value of the property typically influences the loan amount that can be borrowed.

• Investments: Investments in stocks, bonds, etc., can be used as collateral for business loans since they usually have a high liquidity. However, since investments can fluctuate in value, loan terms, while using these as collateral, may also vary.

• Accounts Receivable: Businesses with outstanding invoices can use these as collateral. Lenders will assess the quality and age of the receivables to determine their acceptability as collateral.

• Inventory: Businesses that deal with large quantities of goods can use their inventory as collateral. This is particularly common in retail and manufacturing sectors, where the value of the inventory is substantial.

• Equipment: Machinery, vehicles, and other equipment owned by the business can serve as collateral. This is often seen in industries such as construction and manufacturing, where equipment is essential to operations.

The Impact of Collateral on Loan Terms
The presence of collateral often leads to more favourable loan terms for the borrower. Financial institutions may offer lower interest rates, longer repayment periods, and larger loan amounts when adequate collateral is provided. However, the borrower must understand that failure to repay the loan can result in the loss of the collateral, which could be detrimental to the business.

Key Features of Shriram Business Loan
Shriram Business Loan, with its compelling features, stands out as one of the topmost choices for business loans in the NBFC sector. Here are some of its features that can help borrowers make an informed decision:

• Loan Starting from RS. 1 Lakh: You can get loan amounts starting from Rs. 1 lakh* with Shriram Business Loan to meet your diverse business expenses.

• Affordable Interest Rates: Shriram Finance provides business loans at affordable interest rates starting from 10%* p.a.

• Secured and Unsecured Loan Options: Shriram Finance offers both secured and unsecured business loan options that are tailored to fulfil your financial requirements.

• Flexible Loan Tenure: Business loans from Shriram Finance offer flexibility, giving you the option to repay an unsecured loan over a period of up to 48 months* and a secured loan of up to 84 months*.

Conclusion
Understanding collateral requirements is essential for businesses seeking to secure financing. By offering collateral, businesses can potentially access larger loan amounts, lower interest rates, and more favourable terms. However, it is crucial to carefully consider the risks involved, as the loss of collateral, like important business equipment and machinery, can have serious implications for the business. It is important for businesses to consult with financial advisors to determine the best financing options for their specific needs.

*Above mentioned loan amount, rates and tenure are as per the company’s Digital Business Loan Policy

About Shriram Finance
Shriram Finance is a leading diversified financial services company in India, offering a wide range of financial products and services across consumer, wholesale, and business finance segments. The company has a strong presence pan India with a network of 3,149 branches and an employee strength of 77,764 with an AUM of Rs. 2,430,40 crores. With a focus on financial inclusion and customer-centricity, Shriram Finance continues to empower individuals and businesses to achieve their financial goals.

Health and wellness knowledge enterprise Happiest Health is all set to host Technology & Innovation in Healthcare Summit 2025 on January 23, 2025 at Taj Hotel M G Road, Bengaluru. With this unique summit Ashok Soota decided to marry his two areas of expertise, IT and now healthcare. He will be the keynote speaker with the theme “Technology & Innovation in Healthcare”. The subject of his talk is aimed at giving participants ideas for innovative new solutions in healthcare. The summit promises to be a premier platform for exploring the cutting-edge technologies that are transforming the global healthcare landscape.

Technology & Innovation in Healthcare Summit 2025

With a focus on the groundbreaking advancements in artificial intelligence (AI), robotics, telemedicine, and personalized medicine, the summit will highlight how emerging technologies are improving patient care, streamlining healthcare delivery, and shaping the future of medicine. This year’s event promises to be a big draw for a target audience of IT Service companies, start-ups focused on new technology in healthcare space, CXOs of top health care companies, etc.

Key Topics Include:

• AI-Driven Diagnostics: Improving diagnostic accuracy and predicting health risks with AI.

• Tomorrow’s Doctor: Shaping the future of healthcare providers through AI and robotics.

• Faster Detection with Technology: Tools for earlier disease detection and better outcomes.

• Hospitals of Tomorrow: The role of AI, IoT, and automation in healthcare delivery.

• Gen AI in Healthcare: Advancements in drug discovery and personalized treatments.

• Blockchain in Health: Enhancing security, privacy, and data sharing in healthcare.

• EHR & Data: Improving interoperability and decision-making through big data.

• Health Tech: Exploring wearable devices, telemedicine, and other emerging technologies.

Speakers and Experts

Keynote Address – Technology and Innovation in Healthcare, Ashok Soota – Chairman Happiest Minds and Happiest Health, Panel: AI & tech in healthcare. Is adoption happening fast- Kalyan Sivasailam – Co-founder, 5C Network & Manjiri Bakre, PhD – Founder & CEO, OncoStem Diagnostics Private Limited,Panel Hospitals of Tomorrow Mukesh Jain – CTO, Capgemini and Kumar KV – CIO, Narayana Health and Future developments in healthcare technology- Valedictory address, Sridhar Mantha, CEO of Generative AI Business at Happiest Minds.

The summit will feature a distinguished lineup of speakers, including renowned researchers, healthcare executives, and tech entrepreneurs, all at the forefront of healthcare innovation. They will share their expertise on the transformative power of technology in addressing some of the most pressing challenges facing healthcare systems worldwide. In addition to expert presentations, the event will provide ample opportunities for networking, collaboration, and knowledge-sharing. Attendees will have the chance to connect with industry leaders, potential partners, and innovators, fostering collaboration that could spark the next generation of healthcare solutions.

The summit is open to a broad spectrum of healthcare and technology professionals, including doctors, researchers, hospital administrators, technologists, policymakers, and investors. It will also appeal to anyone interested in the intersection of healthcare and technology, including those involved in health IT, biotechnology, pharmaceuticals, and digital health startups.

About Happiest Health

Happiest Health is a global health & wellness knowledge enterprise promoted by Ashok Soota. Happiest Health provides credible and trustworthy health and wellness knowledge with views from globally renowned experts and doctors. The primary knowledge platforms are the daily newsletter, knowledge website, monthly print magazine, and knowledge app and summits. The wellness division of Happiest Health caters to corporates to achieve optimal employee well-being, fostering a happier, healthier, and more productive work environment. The newest addition to Happiest Health’s offering is its diagnostics services. Happiest Diagnostics is committed to a patient-centric approach and cutting-edge technology, with an aim to be the most trusted diagnostic partner in India.

Happiest Health embraces scientific knowledge with a keen focus on medical breakthroughs providing kinder, gentler therapies including cell-based treatments. It also has deep coverage of integrated medicine including ayurveda, homeopathy, and naturopathy. Happiest Health’s focus on wellness is holistic and energizing. Its Mission Statement is: “Better Knowledge. Better Health.” and convey its benefits to all.

The healthcare space in India is witnessing a significant growth. Post the COVID-19 pandemic, the focus on health, wellness, and medical infrastructure has increased, opening up opportunities for investors. The Bajaj Finserv Healthcare Fund is positioned to tap into these avenues and help investors potentially benefit from this growth story.

Bajaj Finserv Healthcare Fund NFO ends on December 20th

Following a megatrends strategy, this open-ended thematic equity fund invests in companies allied with the healthcare and pharma segments.

This article tells you more about the Bajaj Finserv Healthcare Fund, its megatrends approach, and why the Indian healthcare can offer a compelling investment opportunity.

Indias healthcare landscape

The COVID-19 pandemic showed the importance of a strong healthcare system. It also highlighted the strength of India’s research and technological facilities, as it emerged as a global supplier for vaccines. Simultaneously, it also stressed the importance of adopting healthy lifestyle habits and fostered a more health-conscious society.

Since then, India has worked on expanding its healthcare infrastructure, increasing investments in research and development, and improving access to medical services. Today, it is home to a rapidly growing pharmaceutical industry and is seeing significant innovation in diagnostics, vaccine manufacturing, and traditional medicines.

Sectors driving healthcare growth

The Indian healthcare sector encompasses various sub-sectors, each offering unique opportunities for growth and investment:

1. Pharmaceuticals: An emerging leading player in vaccine production, Indias pharma sector continues to grow, fuelled by increasing domestic demand and export opportunities.

2. Hospitals and healthcare facilities: There is increased spending on hospitals, healthcare facilities and infrastructure, to meet the needs of a growing population and bring quality healthcare across the length and breadth of the country.

3. Health insurance: The health insurance market in India is underpenetrated and has potential for significant growth over the next few years.

4. Nutraceuticals: Products combining nutrition and pharmaceuticals are gaining popularity, driven by a growing focus on preventive health.

5. Diagnostic laboratories: The diagnostics sector has expanded significantly, with advanced testing facilities becoming essential for preventive and curative care.

6. CRAMS (Contract Research and Manufacturing Services): India’s expertise in research and cost-effective manufacturing has positioned it as a preferred destination for global pharma and biotech companies.

7. Ayurvedic and traditional medicines: The blend of ancient remedies and modern practices has created a healthy market for holistic healthcare solutions.

8. The wellness wave: Growing awareness about fitness and wellness, coupled with rising lifestyle diseases, has made wellness products and services more mainstream.

MEGATRENDS strategy: A visionary approach

The Bajaj Finserv Healthcare Fund employs a MEGATRENDS strategy to identify and invest in long-term growth opportunities within the healthcare sector. This strategy focuses on major trends shaping the industry:

1. Regulatory megatrends: Supportive government policies, such as the Ayushman Bharat scheme, PLI initiatives for pharma, and increased spending on healthcare infrastructure, are driving growth.

2. Economic megatrends: Rising incomes, urbanization, and increasing healthcare spending by individuals are creating a robust economic environment for healthcare businesses.

3. Demographic megatrends: India’s growing and aging population demands better healthcare services. Additionally, a rising middle class is driving consumption in areas like health insurance and wellness.

4. Social megatrends: Greater health awareness post-Covid has resulted in increased adoption of preventive care, diagnostics, and wellness practices, creating sustained demand.

Why invest in Bajaj Finserv Healthcare Fund

Here’s why Bajaj Finserv Healthcare Fund can be a suitable choice for long-term investors:

1. Wealth creation potential: Healthcare-related sectors are poised for significant growth, offering long-term wealth creation potential for early investors.

2. Focus on Megatrends: By identifying megatrends, the fund seeks to invest in areas with significant and lasting growth potential.

3. Healthy fundamentals: Healthcare-related sectors currently have healthy fundamentals and are favourably positioned for long-term growth potential.

How to invest in Bajaj Finserv Healthcare Fund

You can invest in the Bajaj Finserv Healthcare Fund both online and offline through several routes, including:

1. Directly through Bajaj Finserv AMC or through www.bajajamc.com

2. Through a registered distributor

3. Through our Registrar and Transfer Agent KFin Technologies Ltd. or KFintech

4. Through aggregator platforms.

During the NFO period (on till 20^th December 2024), units will be available at a face value of Rs. 10. When the fund re-opens for subscription, units will be available at the applicable Net Asset Value. Investment options are available in both lumpsum and Systematic Investment Plan (SIP). The minimum investment amount is Rs. 500.

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