Tuesday, April 13, 2021

Capri Global Capital Ltd. launches Affordable housing loans – PRIME

· Housing Loan rate of interest starting from 7.99% p.a. onwards

·        Additional discounted rates for women borrowers



Mumbai, 13th April 2021: To cater to the rising demand for affordable housing in urban and rural regions, Capri Global Capital Ltd. (CGCL), the fastest-growing NBFC focused on MSME and housing finance launches Affordable Housing Loans – Prime offering the interest rate starting from 7.99% onwards both for urban and rural customers. All the salaried employees employed with government, public and private can avail for this loan. The women applicant to receive an additional 0.10% discount in rate of interest.


In India, the affordable housing segment is still highly underpenetrated as people still struggle to source loans due to stringent credit policies. Housing is one of the key components of a nation’s well-being. The right guidance and easy access of funds can make government’s vision of ‘Affordable Housing for All’ achievable. Customers are increasingly looking for home loan providers that can allow more flexible, customized, and affordable payment mechanism suiting their needs.


The scheme is targeted towards the salaried employees working in government, public and private firms with minimum one year of experience and with a good credit score. The loan amount can be utilised for the Fresh repurchase of dwelling unit, construction on already hold land, renovation, upgradation of dwelling unit


Explaining the necessity of the various housing schemes in India, Mr. Rajesh Sharma, Managing Director, Capri Global Capital Ltd said, “The need and demand for better housing have always been the major agenda even before the pandemic. We still see people leaving with poor-quality infrastructure, overcrowded places, and many without a home. We believe, if sufficiently incentivised, the affordable housing sector could benefit substantially from the sheer size of its target group. The government and regulatory bodies like RBI, and National Housing Bank (NHB) have launched numerous initiatives to bridge the demand-supply gap & create an ecosystem where all the participants benefit socially and economically.


At CGCL, we constantly research our customers’ demands, identify their needs, and offer customised services to meet their requirements. Our diverse range of products and specialised schemes for housing targets to improve access to shelter especially those who lack affordable, stable, and decent-quality housing. We believe that we will continue to see a strong growth momentum in the affordable housing sector over the next few years”


About Capri Global Capital Limited


Capri Global Capital Limited (CGCL) is a Non-Banking Financial Company (NBFC) listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The Company operates in two major verticals – MSME Loans and Housing Finance – through its strong network of 80 offices spread across 8 states and backed by a strong and committed workforce of 1,477 employees in the country. CGCL addresses the capital needs of MSMEs through its SME & Retail Lending vertical by offering multiple products: MSME Business Loans, Working Capital Term Loans, Term Loans Against Property Rentals, and Term Loans for Purchase of Property. Our tech-enabled processes and smart analytics ensure that we offer products tailored to meet the requirements of our customers. Capri Global Housing Finance Limited, a subsidiary of CGCL, operates in the affordable housing finance space is providing home loans to Lower and Middle-Income families and is a key contributor to the PM’s vision of “Housing for All” by 2022.


For further information, please visit:

www.capriglobal.in   |   www.caprihomeloans.com


Capri Global Capital Limited

Perfect Relations

Hardik Shah

VP-Corporate Strategy

+91 9899301150


Neha Patil

Senior Image Manager

+91 9619506683




IIBM Institute of Business Management Edtech company, Awarded as “Emerging Data Science Institute of the Year” by the National Excellence Awards 2021


Recently, the IIBM Institute of Business Management has received the award as the Emerging Data Science Institute 2021 by National Education.


IIBM Institute of Business Management has launched its professional certification courses in Data Science Full stack, Cybersecurity, Cloud Computing & devops. Within a short gap period after launching the study programs, the success and popularity of Data Science courses by IIBM Internships and course curriculum have bagged the award ‘Emerging Data Science Institute of the Year’ due to its escalating performance as a leading data science institute by WBR Corp, the top-notch and most prestigious Brand Management Consultancy firm in Asia. This is certainly another feather to our hat of success.


The award is issued to IIBM India during the National Excellence Summit 2021, Delhi-110075.,

IIBM Internships offers programs specially designed for working professionals with Live Classes/recorded classes along with recorded lectures on its AI-based Learning Management system. The Expert Faculty also provide doubt –clearing sessions on weekends , These Courses are, our Youtube Channel- http://www.youtube.com/c/IIBMInstituteofBusinessManagement

  • Post Graduate Program in Business Analytics and Data Science
  • Post Graduate Program in Machine Learning and Artificial Intelligence
  • Post Graduate Program in Full Stack Development
  • Post Graduate Program in Cyber Security
  • Post Graduate Program in Cloud Computing and Devops
  • Post Graduate Program in Digital Marketing

These courses are online professional courses specially designed for the students as well as for the working professional who wishes to explore their career in Data science and machine learning niche or want to upgrade the marketability of their resume with the top trending professional qualification in the Data Science domain.

In India and the first-world countries, data management has become the pillar of all businesses to understand consumer market, consumer behavior, consumer demand, etc.  Data scientists and machine learning experts' role is now emerging as the best and lucrative profession with a reward of fat pay package, etc.

IIBM Institute Data Science certification courses are designed exactly as the industry demands from a new applicant. These courses are in much demand from students as well as from working professionals. Students and professionals from all across the world can join the course as these courses are interactive, online coordinated with the provision of sharing e-study materials prepared by the industry experts...


IIBM Institute Data Science certification courses: advantages

  • These courses are designed with the highest precision to match industry requirements.
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  • There is placement assistance for the students who complete the course.  IIBM internship (https://iibminternships.com )  is designed for a candidate with all the possible assistance to give him/her a breakthrough in the dynamic professional world of the data science& machine learning industry.
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If you want to offer your career a boost with added qualification and empowerment of data science or machine language courses,   you may join today any one of the courses from the Below Link



For more assistance: You may mail at ketan@iibmindia.in

For more information about IIBM Institute of Business Management:




Tech Mahindra and Rajasthan Royals Partner to Build on Fan Loyalty and Fan Monetisation

Aims to derive 3X value from a loyal fanbase using Tech Mahindra’s digital platform powered by AI (Artificial intelligence) and Data Analytics

Mumbai – April 13, 2021: Tech Mahindra Ltd. a leading provider of digital transformation, consulting and business re-engineering services, and Rajasthan Royals, inaugural IPL (Indian Premier League) champions, partner to build on fan loyalty and fan monetisation. This collaboration aims to derive three times the value from a loyal fanbase using Tech Mahindra’s digital platform powered by next generation technologies.

Tech Mahindra and Rajasthan Royals will work towards providing an omni-channel experience for fans across social, email and push messaging starting from this year's IPL. As part of the collaboration, Tech Mahindra will also support Rajasthan Royals to reach wider markets and audiences through comprehensive fan engagement platforms and digital campaigns. Tech Mahindra will also leverage new-age technologies to create revenue streams for the team and expand fan base.

Jake Lush McCrum, COO, Rajasthan Royals, said, “It’s fantastic to have Tech Mahindra on board to support with our fan engagement solutions. The personalised experience we give to our fans is so crucial to us and Tech Mahindra help us to make this as fluid and impactful as possible. We want our fans to be as close to the team as possible, with engaging content, gamification and much more, not just during the IPL, but year-round. Our vision is focused around maximising the understanding we have of our fans and then giving them the best experience possible, with Tech Mahindra’s solution being an important part of this journey.”

Jagdish Mitra, Chief Strategy Officer and Head of Growth, Tech Mahindra, said, “The fanbase of sports teams have become more global and fragmented, increasing the importance of curating the right message across right channels. With this strategic partnership, our endeavour is to develop loyalty and deeper engagement among the fans and ensure that the franchise can maximise their value from fans, by leveraging new digital revenue streams.”

Tarun Kishore, Marketing and Tech Consultant, Rajasthan Royals, said, We are excited to partner with Tech Mahindra to build an omnichannel communication strategy to engage with our fans. Our focus is to understand our fans better and to make their experience and bond with Royals family stronger. We are confident that with the rich experience and robust technology stack Tech Mahindra will bring that necessary armoury into our repertoire to achieve our larger vision globally. This is just a start of our journey towards personalized communication and engagement using deep insights and data analytics to build long term value for our fans, partners, and franchise.”

Manish Upadhyay, Head – Sports Technology Vertical, Tech Mahindra, said, “Our partnership with Rajasthan Royals will enable them to reach new fans and engage with the existing ones by leveraging all channels. This engagement demonstrates our growing product portfolio geared towards enabling superior fan engagement solutions in line with our vision to help transform sports properties into transform into digital properties and monetise on new revenue streams. Our focus is to build loyalty among fans by delivering enhanced personalise experience to deeply engage them.”

As part of NXT.NOW framework, which aims to enhance ‘Human Centric Experience’, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.

About Tech Mahindra 

Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. We are a USD 5.2 billion organization with 121,900+ professionals across 90 countries helping 997 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers.  Tech Mahindra is one of the fastest growing brands and amongst the top 15 IT service providers globally. Tech Mahindra has consistently emerged as a leader in sustainability and is recognized amongst the ‘2021 Global 100 Most sustainable corporations in the World’ by Corporate Knights. With the NXT.NOW framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. We aim at delivering tomorrow’s experiences today, and believe that the ‘Future is Now’. 

We are part of the Mahindra Group, a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume.  It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development.  Headquartered in India, Mahindra employs over 2, 56,000 people across 100 countries. 

Connect with us on www.techmahindra.com || Our Social Media Channels         

Monday, April 12, 2021

Entries open for the 12th edition of the prestigious ‘Social Entrepreneur of the Year (SEOY) - India Award 2021’

National, 12 April, 2021: Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship, the  sister organization of the World Economic Forum, announces the opening of entries for the 12th edition of the annual competition - Social Entrepreneur of the Year (SEOY) India Award 2021. In 2010  the Schwab Foundation for Social Entrepreneurship and Jubilant Bhartia Foundation joined hands to promote social innovation through the social entrepreneurship awards in India.

Ø	Social Innovation Takes Off in India: A total of over 1600 unique social innovation applications have been received in 11 years. 
Ø	11 years have seen a total of 523 women applications across India! 
Ø	Women Change Makers: 7 out of 11 winners of the SEOY India award are women social entrepreneurs. 
Ø	Turnover of participating social organisations range from Rs 1 million to Rs 600 million!
Ø	More stringent evaluation: Two new parameters for evaluation of social entrepreneurs – Market-based and Technology-enabled solutions added this year. 
Ø	New Trends: In the recent years, sustainable farming and clean technology have emerged as new areas of social entrepreneurship

The application entry for the Social Entrepreneur of the Year (SEOY) India Award 2021’ will be accepted till April 30, 2021. Interested candidates may submit the application form available at jubilantbhartiafoundation.com or can email the filled form to jbf_seoy@jubl.com


The winner of the Social Entrepreneur of the Year (SEOY) India Award 2021 will be announced on  October 7, 2021.  


The award recognizes individuals and organizations who implement innovative, sustainable, and scalable solutions to address pressing issues faced by under-served communities to make inclusive growth a reality in India. They work in diverse areas such as health, education, employment, water, clean energy, building identity & entitlements, financial literacy, access to information and technology among others.


The participating individuals and organizations are evaluated on the key parameters of Market-basedTechnology-enabled, Sustainability, Direct Social Impact, Reach & Scope, Replicability. The finalists will be selected following an intensive search and selection process, including expert reviews and site visits. The winner is selected by a prominent Jury consisting of eminent leaders and professionals from the Government, Business, Media, and Civil Society.


The winner of SEOY India will join the world’s largest network of social enterprises affiliated with The Schwab Foundation for Social Entrepreneurship, to engage, build and sustain their social enterprises. The winner is awarded by a prominent chief guest in a magnificent ceremony every year.


The Social Entrepreneur of the Year (SEOY) India Award aims to promote and celebrate leading social entrepreneurs and their unique ventures in India that help in addressing the various gaps in our society and country. Through providing recognition, the SEOY India Award hopes to inspire many other potential social entrepreneurs in India every year.


About Schwab Foundation for Social Entrepreneurship was co-founded by Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, and his wife Hilde. For twenty years, the Schwab Foundation for Social Entrepreneurship has supported the world’s leading social entrepreneurs in their efforts to create a more just, equitable, and sustainable world. The Schwab Foundation provides unparalleled platforms at the regional and global level to highlight and advance leading models of sustainable social innovation. Learn about us at www.schwabfound.org and follow us on Twitter: https://twitter.com/schwabfound


About Jubilant Bhartia Foundation (JBF), established in 2007, is the not-for-profit organisation of the Jubilant Bhartia Group. It focuses on conceptualising and implementing the Corporate Social Responsibility initiatives (CSR) for the Group. The Jubilant Bhartia Foundation’s activities include various community development work, healthcare programs, cultural and sports events, environmental preservation initiatives, vocational training, women empowerment, educational activities, and promotion of Social Entrepreneurship. www.jubilantbhartiafoundation.com

Follow Jubilant Bhartia Foundation on:

Twitter: @indiaseoy  

Follow the Schwab Foundation for Social Entrepreneurship on:

Twitter: https://twitter.com/schwabfound

Facebook: https://www.facebook.com/schwabfound/

Amazon India to cover COVID-19 vaccine cost for more than 10 lakh people

to include employees, associates, SMB sellers, Operations Partners and their dependents


National, 12 April, 2021: As COVID-19 vaccines become available to individuals above 45 years of age in India, Amazon India is encouraging its employees, associates, sellers on Amazon.in and partners to get vaccinated at the earliest appropriate time to protect themselves, their families, and their communities. Amazon India will cover the COVID-19 vaccination cost for not only all its India employees and associates but will also cover the costs for operations partner network of Delivery Service Partner associates, including Amazon Flex drivers, I Have Space (IHS) store partners, trucking partners and also their eligible dependents. Amazon India announced that the benefit will also be available to all sellers, on Amazon.in with an active listing since last year.


The company has also set up comprehensive support mechanisms for employees and associates working with Amazon and hired through staffing agencies. Amazon India supports cost coverage for COVID-19 treatment, hospital search and coverage of prescribed COVID-19 tests. Initiatives have been scaled and evolved to address the prevailing situation.


Speaking about this development, Amit Agarwal, Senior Vice President & Country Manager, Amazon India, said, “Over the last year, it has been humbling to see the way our teams, sellers and partners have responded to the challenging situation posed by COVID-19 across the country. We have seen so much innovation, and most importantly across teams we have seen a strong urge to serve the people of India and keep customers safe. Health and safety of our teams and partners continues to be our top priority. We are encouraging eligible individuals to get vaccinated, and will cover the cost of vaccination for  our employees, associates, Operations partner network, sellers and their eligible dependents to ensure their continued safety.”


These new benefits are on top of the $2.5 billion Amazon has invested in special bonuses and incentives for teams globally over the last year, and the $11.5 billion the company has invested in COVID-19-related measures overall. This investment has enabled the company to provide personal protective equipment (PPE) and extensive safety measures for employees and partners throughout the global network along with other financial support initiatives.


In 2020, Amazon had rolled out a number of measures to support SMBs in its ecosystem in India to navigate the economic challenges brought by the COVID-19 pandemic including a variety of fee waivers, relaxation of policies, and we worked with an insurance provider to facilitate COVID-19 health insurance coverage for eligible sellers on Amazon.in. The company had also enabled ‘on demand disbursement’ to enable sellers to get their disbursements daily.


The Amazon Relief Fund (ARF) was launched in India in April 2020 with a $25 million relief fund for partners and continues to provide support to all eligible individuals. ARF can be utilized by qualifying individuals who have been quarantined or diagnosed with COVID-19. The company extended the ‘Amazon Relief Fund’ to all eligible delivery associates who are part of the Delivery Service Partner Program, Amazon Flex program and trucking partners providing transportation support in the event of financial hardships.


Amazon India also announced a Partner Support Fund for the Small and Medium Business enterprises part of the company’s logistics network who were financially impacted due to the nationwide lockdown in April 2020. This enabled their Delivery Service partners and select transportation partners to support thousands of their associates through financial hardships, and to help cover critical fixed costs and liquidity concerns of these entrepreneurs.


~Unveils TVC featuring brand ambassador Hrithik Roshan, which encourages people to break free from social pressure and overcome their fears~


To view the TVC click here- https://youtu.be/jPJqh6YwRr4



New Delhi, April 12, 2021Mountain Dew® has always saluted the spirit of risk taking and pushing boundaries to achieve success beyond fear & self-doubt. Continuing its efforts to inspire the youth of India to overcome their fears through gripping films, Mountain Dew® today unveiled an all-new campaign for the 2021 summer season.


The campaign reiterates the brand’s Darr Ke Aage Jeet Hai philosophy in a new way, and features Bollywood superstar and Mountain Dew® brand ambassador Hrithik Roshan. “Darr Haisiyat Nahi, Himmat Dekhta Hai” is the powerful theme behind the new TVC, which encourages today’s youth to break free from social pressures and overcome their fears to achieve extraordinary success.  With this new campaign, Dew continues with its Darr ke Aage Jeet hain philosophy, building the context of the Young Striver India, who dreams and dares to win.


The film highlights Mountain Dew®’s belief that one’s self-worth is only determined by the strength and courage they display, and not the material possessions they own. The film captures both the dilemma & the determination of Hrithik Roshan. It opens with Hrithik pulling up his bike near a group of professional racers. The group makes fun of the Dew hero because they believe that his bike will not be able to compete with the high-end ones, they are riding.


The race comes to an unexpected halt due to a landslide and the riders are faced with the choice of either succumbing to fear & turning back or overcoming fear & moving ahead. Despite discouragement from the other riders, Hrithik Roshan chooses to overcome his fears and take the challenge head-on. A resolute look crosses his face as he takes a sip of Mountain Dew®, rides his bike over a mountain chasm to ultimately emerges as a winner.


Speaking about his experience shooting the TVC, brand ambassador Hrithik Roshan said, “True heroes are defined by their strength and not from where they come. Mountain Dew®’s story of “Dar Haisiyat Nahi, Himmat Dekhta Hai” resonates with me strongly because it in line with my belief that it is an individual’s courage in the face of fear that makes them a real hero. I am confident that the new film will inspire the youth of India and instill them with the belief that they can overcome any challenges simply by having the confidence to face their fears head on.”


Vineet Sharma, Category Director- Mountain Dew® & Sting®, PepsiCo India said, “With our ‘Darr Ke Aage Jeet Hai’ philosophy, Mountain Dew® has always celebrated the spirit of those who push themselves in the face of fear to achieve extraordinary results. In 2021, the brand acknowledges that real heroes are those who take challenges head-on, irrespective of what their background/status is. We are confident that the ‘Darr Haisiyat Nahi, Himmat Dekhta Hai’ narrative will strike a chord with our consumers  as it encourages consumers to overcome their fear and move ahead on the path to victory.”


The Mountain Dew® TVC will be amplified across TV, digital, outdoor, and social media with a 360-degree campaign. Mountain Dew is available in single/multi serve packs across modern and traditional retail outlets as well as on leading e-commerce platforms.


 About PepsiCo India:

PepsiCo entered India in 1989 and has grown to become one of the largest MNC food and beverage businesses in India. PepsiCo India has been consistently investing in the country and has built an expansive beverage and snack food business supported by 62 plants across foods and beverages. PepsiCo India’s diverse portfolio includes iconic brands like Pepsi, Lay’s, Kurkure, Tropicana 100%, Gatorade and Quaker.

PepsiCo’s growth in India has been guided by our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com


Oneweb Signs MoU in collaboration with Kazakhstan Government and local partners

  • Chairman Sunil Bharti Mittal visits Kazakhstan to meet Prime Minister Askar Mamin and receive official incorporation of OneWeb’s new Kazakhstan-based trading subsidiary
  • Commemorates 60th Anniversary of Yuri Gagarin’s first Earth orbit
  • Plans first Kazakhstan network demonstrations for June 2021

 Mumbai, April 12 2021 – Bharti group backed OneWeb, the global communications network powered from Space, has announced that it has signed a Memorandum of Understanding (MoU) with subsidiaries of the Ministry of Digital Development, Innovation and Aerospace Industry: national satellite operator Republican Centre of Space Communications JSC, National Company Kazakhstan Gharysh Sapary and Ghalam LLP, a spacecraft component supplier.


The MoU develops OneWeb’s partnership with the Government of Kazakhstan which began in 2020 to support Kazakhstan’s ambition to digitize its economy and become a pioneer of the latest satellite communications technologies. The MoU encompasses several areas of cooperation, including use of OneWeb’s low latency, high throughput satellite connectivity platform to provide broadband to remote and hard-to-reach rural communities, building a ground station to provide connectivity to Central Asian countries and localisation of the supply chain for OneWeb’s Low Earth Orbit satellites.


At the same time, OneWeb has now received its Certificate of Incorporation for OneWeb Kazakhstan Ltd registered in Astana International Financial Centre. This subsidiary company will facilitate the establishment of a Low Earth Orbit Centre of Excellence in the country and enable OneWeb’s service delivery across the whole of Central Asia.  OneWeb always partners with local telecom operators who know the market and their customers and seeks to distribute its connectivity services to the private and public sector, including businesses, schools, hospitals and civil services across Eurasia.


OneWeb’s Executive Chairman and Chairman of Bharti Enterprises, Sunil Bharti Mittal and OneWeb CEO Neil Masterson are in Kazakhstan to commemorate the 60th Anniversary of Yuri Gagarin’s first orbit of the Earth and celebrate the occasion with a special OneWeb Launch mission patch.


Sunil Bharti Mittal, Executive Chairman of OneWeb said: “I am delighted to visit Kazakhstan for the first time on this occasion of the 60th Anniversary of Yuri Gagarin’s first human spaceflight. Today, we can honour his legacy with a constellation of OneWeb satellites orbiting the Earth to bring connectivity to all locations where it’s needed. The Government of Kazakhstan continues to see the importance of bridging the digital divide and enabling the digitization of its economy using innovative and modern satellite technology. OneWeb has pledged to work together to bring about these opportunities for the country.”

Demonstrations of OneWeb’s connectivity services are planned for June in the country to showcase how OneWeb’s constellation of Low Earth Orbit (LEO) satellites and user terminals provide high speed, low latency, seamless broadband connectivity.




About OneWeb


OneWeb is the global connectivity platform powered from space, headquartered in London, enabling connectivity for governments, businesses, and communities. Owned by Bharti Enterprises and the UK Government, OneWeb is implementing a constellation of Low Earth Orbit satellites with a network of global gateway stations and a range of user terminals to provide an affordable, fast, high-bandwidth and low-latency communications service, connected to the IoT future and a pathway to 5G for everyone, everywhere. There have been two launches of OneWeb’s satellites from the Baikonur Cosmodrome in Kazakhstan and the company currently has a total of 146 satellites in orbit.


Find out more at http://www.oneweb.world, and Twitter, LinkedIn, YouTube, and Instagram.


About the partners


·         The Republican Center for Space Communication is a leading supplier of satellite and telecommunications services in Kazakhstan.

·         Kazakhstan Gharysh Sapary is responsible for the development of space activity in the country

·         Ghalam LLP is a joint Kazakh-French enterprise and producer of spacecraft and space technology and systems.

·         The Astana International Financial Centre (AIFC) is a leading centre of financial services and inward investment.

Pramerica Life Insurance appoints Ms. Kalpana Sampat as the new MD & CEO

Gurgaon/Mumbai, April 12, 2021: Ms. Kalpana Sampat, a seasoned business leader with over three and a half decades of profound experience, has been appointed as the Managing Director & CEO of Pramerica Life Insurance Limited, with effect from April 09, 2021. Prior to this appointment, she was the Chief Operating Officer for the Company. 


Ms. Kalpana Sampat is one of the most influential leader in financial services sector in India, and her appointment at the top position, is an important milestone. Currently, she is one, of the only three women CEOs in life insurance sector in India, where the executive suite is still a male bastion. 

Ms. Sampat is a powerful inspiration for other women CEOs in waiting, including those outside of financial services.   


Mr. Sunil Kumar Bansal, Chairman of Pramerica Life Insurance Limited, said, "Kalpana is a respected leader in life insurance with an exceptional record. The Board is optimistic that the company can deliver substantial strategic and operational progress under her able leadership.”


Mr. James Weakley, Vice Chairman of Pramerica Life Insurance Limited and SVP & President, Emerging Markets International Insurance at Prudential Financial Inc., stated, “Kalpana knows our company’s business exceptionally well, having managed various departments for over last two years. Her extensive experience and her track record of success in the life insurance sector provide confidence that Pramerica Life Insurance is ready for a leap to the next level.”


On her appointment, Ms. Sampat said, "I am honoured by our Company Board’s decision and appreciate the trust posed in me by the shareholders and the Board. Our joint venture partner ‘Prudential Financial Inc.’, is an incredible global institution with a proud history. I am excited to collaborate with all my colleagues, in writing the next chapter at Pramerica Life Insurance and am fully committed to the responsibility bestowed on me.”


Prior to joining Pramerica Life Insurance, Ms. Kalpana Sampat was the CEO for Swiss Reinsurance Co., India branch, and was instrumental in its launch in 2015. She is a certified ACMA, a Fellow of the Insurance Institute of India and Associate of the Chartered Insurance Institute UK. She has also been a guest faculty at the National Insurance Academy since 2003.


With this instrumental change in leadership, the Company is looking to achieve greater heights and serve its customers with vigour.


About Pramerica Life Insurance Limited

In India, Pramerica Life Insurance Limited is a JV company of Prudential International Insurance Holdings, Ltd., a fully owned subsidiary of Prudential Financial, Inc.; which is a 140-year-old corporation and has operations in the United States, Asia, Europe, and Latin America; and DIL (DHFL Investments Limited). Prudential Financial, Inc. companies include the Prudential Insurance Company of America, one of the largest life insurance companies in U.S.A. Its International Insurance segment creates and distributes individual life insurance, retirement, and related products in countries such as Japan, Taiwan, Brazil, and Argentina. Prudential Financial, Inc. also provides life insurance products for middle income and mass affluent markets across Japan, Mexico, and has joint ventures in Chile, China, Malaysia, India, and Indonesia. 

Pramerica Life Insurance is headquartered at Gurugram in India and has over 2500 employees. It is committed to cater to its customers’ various financial protection needs such as securing their child’s future, retirement planning, savings and wealth creation. The company’s vision is to ensure that every life that it touches feels secure and enriched. The company has a pan India presence through multiple distribution channels which address specific insurance needs of diverse customer segments. It is committed to provide quality financial advice to its customers. It advises, guides, and enables its customers to make informed insurance decisions that help them meet their life’s short term and long-term goals.

For more details, you can visit our website www.pramericalife.in