SBI Life launches HNI focused ULIP - 'Smart Privilege'

SBI Life Insurance has launched higher income individual focused market-linked life insurance plan - Smart Privilege.
The product provides both life insurance as well as the opportunity to increase wealth through investments in eight select funds (in any combination of customers choice), with the flexibility of fund switching and premium redirections, unlimited number of times, throughout the term of the plan, SBI Life said in a release today.
The minimum entry age is 8 years for regular or limited premium policies and 13 years for single premium policies and the maximum age is 55 years. The policy term is 10 to 30 years for regular or limited premium policies and 5 to 30 years for single premium policies.

The premium paying frequency options are single, yearly, half yearly, quarterly and monthly.
* * * * * *
Event platform Onspon raises Rs 1 cr from Swan Angel Network * Event and brand partnership platform Onspon.Com has raised Rs 1 crore from Indore's Swan Angel Network.

Onspon connects brands with event organisers through an algorithm based on the demographic data of audience, geography targets of brands and marketing budgets of brands.
It is headquartered in Mumbai has offices in Gurgaon and Bengaluru also.
It is providing services to 350+ top brands like Tata Motors, Daikin, Adani, Housing.Com, Mahindra Holidays, Zebronics, Nissan, etc.

* * * * * *
Shopclues brings consumer electronics brand NYC to India * E-commerce platform ShopClues today announced the entry of consumer durable brand NYC exclusively in the country, through its platform.
Collaborating with ShopClues, NYC plans to introduce some of its flagship creations to the Indian consumer, the e-commerce platform said in a statement.
NYC is introducing HD Ready LED TVs, with the aim to offer quality products at affordable prices.
* * * * * *
T K engineering wins multiple international awards * Naharlagun-based T K engineering consortium has won multiple awards at Brussels and New York recently.

The company was awarded platinum award for excellence and business prestige at New York during the Quality Summit 2016 organised by Business Initiative Directions (BID) in recognition of continuous search for quality demonstrated by the achievement of ongoing development and innovation applied to solution which creates business results, a release said.
Lava appoints Rahul Agarwal as CTO, Ankit Pal as Design Head
* Handset maker Lava today announced appointment of two senior executives in the organisation to strengthen its design and technology functions.
The appointment of Rahul Agarwal as the Chief Technology Officer and Ankit Pal as the Design Head is strategically timed to fulfill Lava's growth agenda, Lava said in a statement.

Agarwal will provide leadership towards developing mobile enabled software platforms and new enterprise initiatives, products and services. He will spearhead Lava's entry into services sector spanning entertainment, education, agriculture and health verticals.
********
Jugnoo launches hyper-local logistics service * Auto aggregator platform Jugnoo today said it has forayed into B2B logistics segment with the launch of 'Dodo Deliveries'.
The on-demand, hyper-local logistics service will enable vendors to deliver products to their customers while ensuring a seamless delivery experience, Jugnoo said in a statement.
Dodo Deliveries complements Jugnoo's recently launched hyper-local grocery delivery service, Fatafat.
Apart from optimally utilising its existing auto rickshaw fleet, Dodo has also aggregated other delivery options like two-wheelers and commercial vehicles.

********
VC to build startup ecosystem in tier II,III cities * Venture Catalysts, a seed investment and innovation platform, today said it aims to build a consolidated startup ecosystem in tier II and III cities in the country.
The company today announced the launch of its services in Surat. Serial entrepreneur Gaurav Singhvi will oversee VCats's Surat operations as the Managing Partner.
"We will be looking at co-investment opportunities and bringing in about 100 investors to be a part of the VCats ANGEL network. The short-term goal is to achieve around 20 investments in a year," Venture Catalysts Co-founder Apoorv Ranjan Sharma said.

********
Voot to exclusively stream IIFA awards this year * Viacom18's video-on-demand platform Voot today said it will be the exclusive streaming partner for the International Indian Film Academy (IIFA) awards 2016 in India.
The strategic alliance with the IIFA is in line with Voot's promise of bringing differentiated and engaging content to its digital audience, the company said in a statement.
Yes Bank in Dow Jones sustainability indices for 2nd yr
* Private lender Yes Bank today said it is the first and the only Indian bank to be selected as an index component of the Dow Jones Sustainability Indices (DJSI) in the Emerging Markets Index.

"The selection is effective from September 19, 2016 and would be valid for one year. This is the second year in a row where YES BANK has been selected as a part of the DJSI," Yes Bank said in a release.
Rana Kapoor, Managing Director & CEO, Yes Bank said:"It is a testament to Yes Bank's continued emphasis towards creating a sustainable banking ecosystem that serves customers, clients, employees and communities better."
As component of this prestigious global Index, Yes Bank remains committed to evangelising sustainability and environment management in the entire banking sector, he said.
The Emerging Markets Index for 2016 comprises of 95 companies from 14 emerging economies including India, China, Brazil, South Africa and Taiwan, it said.