Governor Ganjar Pranowo releases Indonesian MSME product for export, valued at IDR7billion

Central Java, Indonesia, May 17, 2023 – (ACN Newswire) – Ganjar Pranowo, the Governor of Indonesia's Central Java Province, launched the export of small to medium-sized enterprise (MSME) products from Central Java to countries in Asia, America and the Middle East. 4 containers of MSME product were released in Purwokerto, Central Java Province, while 3 containers were dispatched from Purbalingga and Pati. The 7 containers of export products included essential oils, organic coconut sugar, processed foods, brooms, organic palm sugar, and handicrafts.

Central Java Governor Ganjar Pranowo released seven containers of local MSME product for export to Asia, the Middle East and America. [Image: Antara]

Ratna Kawuri, Head of Central Java's One-Stop Integrated Investment and Licensing Service (DPMPTSP), said the 4 containers dispatched from Purwokerto consisted of a 20-foot container of essential oils produced by PT Indesso Aroma (Banyumas) destined for China, a 40-foot container of organic coconut sugar produced by CV Inagro Jinawi (Banyumas) bound for the United States, a 40-foot container of rebel coconut sugar produced by CV Permata Satria (Banyumas) also destined for the US, and a 40-foot container of processed food such as vermicelli produced by PT Lestari Jaya Bangsa (Banyumas) bound for Saudi Arabia.

The MSME products dispatched from their respective companies included a 20-foot container of brooms produced by CV Rayung Pelangi (Purbalingga) destined for South Korea, a 20-foot container of organic ant sugar produced by CV Bunga Palm (Purbalingga) bound for the United States, and a 20-foot container of Syams Indonesian Handicraft products (Pati) destined for Japan. The total export value reached IDR 7.25 billion, contributing to the positive trade balance in the first quarter of 2023, impacting the export-import balance surplus of around USD 708 million, Ratna said.

Following the export release, Governor Ganjar Pranowo stated that the support provided by the local government and MSME activists had yielded results. He acknowledged that some producers, like the essential oil manufacturer, had already gained experience and were exporting their products to many countries. Ganjar emphasized the importance of maintaining product quality and reminded the MSMEs, particularly those producing organic coconut sugar, to uphold the organic farming practices to preserve the quality.

"I believe that if this trend continues consistently, the orders for exports will continue to flow. Thus, the government will continue to support MSMEs to increase their exports," he stated. Ganjar Pranowo considers the increase in exports from Central Java, particularly from MSMEs, to be positive news. He believes that this signifies the upward progress of MSMEs and their potential to compete in the global market.

Released by the Central Java Provincial Government. Copyright (c) ANTARA 2023

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GroundUp Studios Launches in Hong Kong to Re-imagine Music & Art in Web3

Music label to establish a borderless community for web3 enthusiasts, musicians and artists to connect, socialize and collaborate on extraordinary multimedia art projects
Use of blockchain and NFT technology unleashes artistic creativity; more equitable compensation for artists; and new opportunities in music distribution, licensing
Core management team led by award-winning songwriter, recording artist and brand marketing veteran Adrian Fu, alongside seasoned professionals in entertainment, brand partnerships, technology infrastructure and fintech
NFT membership access pass planned within 1H 2023

HONG KONG, May 11, 2023 – (ACN Newswire) – GroundUp Studios, a forward-thinking, web3-focused music label today announced that it has officially launched its operations in Hong Kong. The company is one of the first entertainment platforms in Asia focused on the development of original art and music utilizing NFT and blockchain technology.

GroundUp Studios’ vision is to shine a light on the impressive pool of musical and artistic talent in the region. By using transformative technologies like blockchain and NFTs, it aims to drive the creation and commercialization of art that will be ultimately seen and embraced around the world.

GroundUp’s plan is to build a comprehensive web3 ecosystem of NFT art investors; technology enthusiasts; music and art lovers; songwriters; producers; and artists of all disciplines. The goal is to use new-generation social media platforms to create a borderless space for artists to socialize and connect with the web3 world. This in turn inspires artists with new artistic ideas, empowering them to re-imagine the music and art that they are capable of creating.

As part of this community building effort, GroundUp Studios plans to issue its first NFT membership access pass in the coming months. Apart from networking opportunities, owners of this access pass will gain a wide range of benefits – from virtual music sharing sessions; to live songwriting jams; and exclusive IRL artist performances. More details will be provided in the coming weeks.

Multi-disciplined Management Team

GroundUp Studios is led by co-founder and Creative Director Adrian Fu. Fu is a multi-disciplined executive with over 20 years of experience in brand marketing and partnerships, as well as having extensive work experience in technology sectors. Furthermore, he is also an award-winning songwriter and recording artist in his own right, having written for top-tier artists in Greater China such as Eason Chan, Sammi Cheng and others. As a recording artist, he has released two albums to his name, of which his debut album “Good Morning, Hard City” earned him a nomination in 2015 at the 26th Golden Melody Awards for best newcomer of the year.

Fu will be joined by a dynamic team that engages with a vibrant Web3 global community. The team has minted out several NFT projects in recent years, and also has extensive experience building and operating regulated CeFi platforms, DeFi infrastructures, and blockchain-based applications for mainstream adoption.

Collectively, the team will advise artists on how to build (and own) their brand utilizing Web3 tools including minting NFTs, representing themselves in virtual worlds, and establishing an engaged community.

“Adrian’s uniquely diverse experience across marketing; recording artist; published songwriter; and NFT / blockchain project execution is a natural fit with the team’s extensive web3 and fintech expertise. Together, we will unlock the true value of web3 to artists and fans, as we achieve true democratization and equality of music, commerce and monetization,” said Alexander Lee, Executive Director. With experience across TradeFi, CeFi, and DeFi, Lee was involved in spearheading the early developments of SFC-licensed virtual asset platforms, and continues to drive mass adoption of Web3 across mainstream sectors.

Fu said, “I am excited about the promise of web3 music, which presents incredible new opportunities for artists around the world – both commercially and artistically. I firmly believe that the timing is right to launch a music company like GroundUp Studios. We are witnessing a giant leap in technological innovation right now, which is rewriting the mechanics and rules of most industries and businesses. Now, professional and amateur artists are able to create and connect with audiences halfway around the world, while generating steady revenue. In my view, we are on the cusp of a golden age in art and music.”

Web3 music sector ramping up

As an umbrella family of new technologies, web3 is still in its early stages of development but it has already transformed the arts industries. Currently, the music NFT market is only valued at around US$87 million (source: Token 2049), but artists are now realizing the potential opportunities – including new monetization models, to new forms of creative expression.

Commercially, artists now leverage blockchain technology and NFTs to sell their music directly to fans without intermediaries such as traditional record labels, managers and distributors. This enables faster payouts and expanded revenue streams for all levels of artists. For example, iconic rapper Nas teamed up with DJ 3LAU’s platform, Royal, to release his first-ever NFT collection. 1,870 NFTs were issued across two drops; both were sold out in minutes which generated over US$560,000 in revenue.

From a music fan’s perspective, web3 music (through NFTs) offers new ways for them to engage with their favorite artists and music. In many cases, NFTs allow fans to actually own a unique piece of digital art or song, and could deepen their engagement and support for their artists beyond sharing social media posts. As owners of an artist’s NFT, fans can play a more active role in shaping an artist’s day-to-day business and creative decisions, allowing audiences and artists to grow together in more meaningful ways.

About GroundUp Studios

GroundUp is a forward-thinking, web3-focused music label that views music and art in a brand new light. It aspires to empower #ExtraOrdinaryArt and Artists, by creating a borderless space for creators to connect, collaborate and commercialize. We do so by capitalizing on rapidly transforming technologies, economics and consumer/artist dynamics.

For media enquiries, please contact PR@groundupstudios.io

For all enquiries, please email contact@groundupstudios.io

Instagram
Twitter

CleverTap Benchmark Reports: Foodtech Apps enjoy 60% higher Repeat Transaction Rates compared to E-commerce apps

MOUNTAIN VIEW, Calif. and MUMBAI, India, May 9, 2023 – (ACN Newswire) – CleverTap, the World's #1 retention cloud, released the findings of its Foodtech and E-Commerce industry Benchmark Reports. Foodtech and e-commerce apps experienced exponential growth during the pandemic. According to App Annie's State of Mobile Report 2022, time spent on shopping apps scaled to more than 100 billion hours – up 18% year-on-year. Users spent 50% more sessions YoY in 2021 than in 2020 on foodtech apps. The benchmark reports reflect data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America.

The findings offer insight into how consumers engage with foodtech and e-commerce apps. Marketers can craft and deliver personalized messages and campaigns that can help drive engagement, retention, and growth. Some of the key metrics in the report include:

https://www.acnnewswire.com/docs/Multimedia/20230509_CleverTap.jpg

"The findings from our benchmark reports are aimed to help marketers improve engagement and user journeys by providing insights into the behavior of e-commerce and foodtech app users." said Jacob Joseph, VP-Data Science, CleverTap. "As the app economy continues to expand, foodtech and e-commerce marketers will need to find ways to drive customer 'stickiness' which currently stands at a meager 15% and 17% respectively. Customized messaging informed by behavioral insights are crucial to get customers to return to the app interface and drive up this metric."

For e-commerce marketers, the challenge and opportunity is to ensure that their company's app not only stands out in a crowded and fiercely competitive market. But also encourages users to make quick purchases, return frequently to buy more, and hopefully, spend a sizable sum with each transaction.

16% of new users of foodtech apps complete more than one transaction in the first week. Best-in-class customer service will help boost this metric and keep customers returning for more. Foodtech companies need to be quick to offer special deals to new users and drive conversions. The benchmark report helps foodtech and e-commerce apps understand how to build successful mobile communication campaigns, and also allows growth marketers to discover areas that require greater focus.

The reports can be downloaded with the links below:
– Foodtech App Engagement Benchmark Report 2022 https://clevertap.com/insights/food-tech-benchmark-report/
– E-commerce App Engagement Benchmark Report 2022 https://clevertap.com/insights/ecommerce-benchmark-report/

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

VISHAAL MUDHOLKAR
Consultant
Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Indonesia ensures readiness for the 42nd ASEAN Summit Labuan Bajo

JAKARTA, May 8, 2023 – (ACN Newswire) – Indonesia, the current holder of the ASEAN Chairmanship, will host the 42nd ASEAN Summit in Labuan Bajo, East Nusa Tenggara, on May 9-11, 2023. With the "ASEAN Matters: Epicentrum of Growth" chairmanship theme, Indonesia directed ASEAN cooperation in 2023 to continue strengthening the bloc's relevance to new challenges.

Indonesia ensures readiness for the 42nd ASEAN Summit Labuan Bajo

To ensure the summit's success, the authority is revving up its preparation to welcome ASEAN Summit delegates and participants in all aspects, particularly security, accommodations, and media support.

To secure the summit, National Police Chief General ListyoSigit Prabowo said a command center had been set up to monitor and supervise all activities related to the event. Communication devices of all officers would be connected to the command center, and they will also report to the center. The command center is also expected to monitor disaster potential to ensure prompt mitigation measures.

The National Police also ready eight security task forces to participate in the joint military-police Operation Komodo 2023 to secure the ASEAN Summit. The team partook in the tactical floor game (TFG) on Thursday (May 4) to ensure their readiness for the summit.

Meanwhile, Minister of Communications and Informatics Johnny G Plate said that Meruorah Hotel, Ayana Resort Hotel, and Bintang Flores Hotel had been designated as the 42nd ASEAN Summit's central locations.

The Ayana Resort Hotel would be the venue for the welcoming dinner and retreat session for state leaders of ASEAN countries during the summit, and the hotel management has readied all aspects. In addition, Meruorah Hotel is determined to promote local products by serving them exclusively in the delegates' rooms.

Meanwhile, Minister of Tourism and Creative Economy Sandiaga Uno said that some 1,500 rooms are still available in 38 hotels, ranging from three- to five-star hotels, for participants of the ASEAN Summit. The local authority also prepared several ships for extra accommodation during the event.
Moreover, to facilitate the delegates and other participants, particularly the media, Indonesia ensured that the digital infrastructure and public communication network for the 42nd ASEAN Summit in Labuan Bajo would be adequate.

"[The summit] is also supported by adequate digital telecommunication technology and infrastructure such as optical fiber, 4G network, or experience of using 5G network," Minister Plate said after visiting the media center for the ASEAN summit. Similar public communication service facilities with the same standards as G20 Summit last year are prepared for the media.

The ministry also prepared Bintang Flores Hotel as the media center that can accommodate up to 340 people during the ASEAN Summit, which preparations are expected to complete this week. The hotel will be equipped with adequate facilities for journalists.

At least 319 journalists from national media, official media, and foreign correspondents were verified last Tuesday to cover the ASEAN Summit.

Additionally, ten top local micro, small, and medium enterprises (MSMEs) will showcase their products during the 42nd ASEAN Summit at Meruorah Hotel, Labuan Bajo, on May 9-11.

The 10 MSMEs will showcase their finest handicraft items, including woven fabrics, clothing, and other accessories. In addition to artworks, they will serve various typical foods and beverages of West Manggarai.

Indonesia hopes that all activities will run successfully.

–Antara

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Chiratae Ventures Maiden Growth Fund-I announces its close at INR 1001 cr, oversubscribed by 34%

Singapore, May 3, 2023 – (ACN Newswire) – Chiratae Ventures, India's largest homegrown venture capital fund, has successfully concluded the fundraising for its first Chiratae Growth Fund (CGF-I), raising INR 1001 cr. On a targeted INR 750 crore, CGF-I has been oversubscribed by 34%. The announcement of the close of CGF-I comes on the heels of Fund 4, which was oversubscribed by 22%. This marks a continued trend of Chiratae's funds being oversubscribed, highlighting the confidence and faith placed in the firm's ability to identify and nurture promising startups poised for growth and success.

CGF-I will invest in the growth rounds of market-leading technology startups from its portfolio and other new opportunities, making it a sector-agnostic fund to support the growth and expansion of companies.

CGF-I is supported by Chiratae's existing investors, including Pratithi (Family Office of Kris Gopalakrishnan, the Co-Founder of Infosys), 57 Stars (a global alternative asset manager) and Manish Choksi (Vice Chairman and non-executive board member of Asian Paints) and his Family Office and, new investors including State Bank of India, India Infoline Limited (IIFL), Axis Bank and others. With this new CGF-I, Chiratae Ventures will continue its mission of supporting innovative technology startups in their growth stage and unlocking their potential.
Chiratae Ventures has a successful track record of investing in early and growth-stage startups over the past 16 years. The Chiratae Funds collectively (across 6 funds) have $1.1 Bn in AUM, 130+ investments, 48 exits, 8 Unicorns, 3 IPOs and a track record of having returned capital to the investors in each of the last 12 years. Chiratae Ventures has been an early backer of technology-led companies such as Bizongo, Curefit, Fibe, Firstcry, Lenskart, Myntra, PolicyBazaar, Pixis, Vayana, and Uniphore, amongst others.

Sudhir Sethi, Founder and Chairman of Chiratae Ventures, said, "We are excited to have raised our first Growth Fund, enabling us to continue supporting the growth and expansion of market-leading technology startups in India and beyond. The oversubscription of the fund by 34% is a testament to the trust and confidence our investors have placed in us. As we embark on this exciting new chapter, we remain committed to identifying and investing in innovative startups that have the potential to drive transformative change and create long-term value. Thank you to our existing investors Pratithi (Family Office of Kris Gopalakrishnan, the Co-Founder of Infosys), 57 Stars (a global alternative asset manager) and Manish Choksi (Vice Chairman and non-executive board member of Asian Paints) and his Family Office and, we welcome the new ones, State Bank of India, IIFL, Axis Bank and others."

On closing the Chirataes' first Growth Fund, TC Meenakshi Sundaram, Founder and Vice-Chairman of Chiratae Ventures, said, "The successful fundraising for Chiratae's First Growth Fund is a testament to the quality of the investment strategy and our team's ability to identify and support exceptional entrepreneurs. With the Growth Fund -I, we are well-positioned to continue to support promising startups through their growth journey and create value for all stakeholders by becoming market leaders. We thank all our investors for their continued support to Chiratae."

About Chiratae Ventures

Chiratae Ventures is a 16-year-old Indian technology venture capital fund, which collectively (across 6 funds) has $1.1 Bn AUM, 130+ investments, 48 exits, 8 Unicorns, 3 IPOs and a track record of having returned capital to LPs in each of the last 12 years. The Chiratae funds have investments across sectors such as Consumertech, SaaS, Fintech, and Healthtech and have been early backers of companies such as Myntra, Flipkart, Lenskart, FirstCry, PolicyBazaar, Bizongo, Uniphore, Pixis, and Fibe, amongst many others.

Chiratae Ventures's Global Advisory board consists of esteemed personalities such as Mr Ratan Tata (Chairman), Mr Kris Gopalakrishnan, Mr Manish Choksi (Vice Chairman Asian Paints), Mr Bruno Raschle (Founder Adveq Zurich), Dr Andreas Hettich (Chairman Hettich Corporation Germany) and Dr Ferzaan Engineer (Founder Cytecare and Nightingale).

Contact:
Namrata Sharma
Namrata.sharma@adfactorspr.com
+6581383034

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap names Pravin Laghaate as Vice President, Europe, and UK

Mountain View, Calif., London, UK, Amsterdam, Netherlands, & Mumbai, India, Apr 25, 2023 – (ACN Newswire) – CleverTap, world's #1 retention cloud, today named Pravin Laghaate as Vice President for its Europe and United Kingdom regions. Pravin, who joined CleverTap in 2020 and has been in senior leadership sales roles centrally, will now oversee sales, go-to-market strategy, and execution across Europe and the UK.

CleverTap names Pravin Laghaate as Vice President, Europe, and UK

With over 20 years of experience across markets, he has been instrumental in establishing new benchmarks for expansion revenue and client engagement at CleverTap. Pravin has successfully built and led high-performance sales teams, in the past and worked with prominent brands such as Vodafone, Kingfisher Airlines, Gulf Air and Emirates.

"The UK and Europe's SaaS market is set to cross US$100 billion within the next decade. Given the immense potential within these regions we are certain that Pravin's elevation will allow us to continue on our high-growth journey. His presence within the region will be instrumental in driving customer retention and engagement for our European and UK based customers, enabling them to reach newer heights." said Sidharth Malik, Chief Executive Officer, CleverTap. "With a resilient business strategy, and drive to innovate, we are all set to further bolster our global footprint within the burgeoning SaaS landscape." he added.

Talking about his new role Pravin states that, "I am ecstatic to be entrusted with the responsibility to grow our business in this region. CleverTap is the fastest growing retention cloud platform in the world, strengthening our footprint in the UK and Europe is going to be key to achieving our global ambitions."

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Coinweb Completes Integration of 4 New Blockchains Delivering Along its Roadmap for Cross-Chain Interoperability

HONG KONG, Apr 18, 2023 – (ACN Newswire) – Coinweb, a layer-2 protocol unifying blockchain's interoperability, announced the success of integrating four more chains into its expandable blockchain infrastructure. Prior to BNB, Polygon, MultiversX (formerly known as Elrond) and Kujira; Bitcoin, Bitcoin Cash, Litecoin and Ethereum were already part of Coinweb's underlying networks. To date, Coinweb has executed over 4 million transactions since December 2020, and is responsible for an average of 0.3% of all daily transactions being broadcast to the BNB chain in March 2023.

With these current eight blockchains integrated, Coinweb continues to prove its bold statement of enabling dApps built on top of Coinweb to take advantage of multiple chains' desired features and the flexibility to migrate seamlessly from one chain to another. Blockchain-agnostic tokens that are created on LinkMint — Coinweb's cross-chain tokenization platform, will now have the option to choose to be embedded in any of these underlying chains, moving between them without the need to hold gas balances of each native layer-1 token. This removes key bottlenecks in delivering interoperability and breaking blockchains out of their individual silos.

"Further proving that projects on Coinweb can run Smart Contract using Ethereum, execute token transactions with MultiversX, store data ledger on Bitcoin, and so on, we have been identifying the optimal mesh of chains to integrate, enhancing features and functionalities of the platform," stated Coinweb CEO & Co-founder Toby Gilbert. "The ability to provide true interoperability without compromising layer-1 consensus is key to delivering blockchain adoption for many large-scale enterprises and blockchain projects that have legitimate concerns tying themselves into one network."

Dove, Co-founder at Kujira, a blockchain built with the Cosmos SDK commented, "As a decentralized ecosystem for protocols, builders and web3 users seeking sustainable FinTech, we are looking forward to this collaboration with Coinweb." He further stated, "We find our mission of providing easy and cost-effective building tools for everyone resonates with Coinweb's existing platform and product offerings. I believe Kujira will play an important role in enabling Coinweb's access to the Cosmos ecosystem in a secure and interoperable manner."

About Coinweb

The Coinweb Protocol is a platform used to run decentralised applications on top of multiple different blockchains using them as one. This allows developers of applications to combine the best properties and functionalities of each blockchain.

Coinweb Labs is a design and build consultancy service that creates custom-built and turnkey solutions for decentralised applications interacting with Web3. Coinweb Labs is responsible for building third-party projects on top of the Coinweb protocol and incubating new projects.

For more information, visit https://coinweb.io
Twitter: @CoinwebOfficial
Telegram: Coinweb.io

Contact information:
Ain Mohd
+66 6143 28757
ain@coinweb.io

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap launches Scribe, an OpenAI integrated content creation assistant

MOUNTAIN VIEW, Calif. and MUMBAI, India, Apr 17, 2023 – (ACN Newswire) – CleverTap, the World's #1 retention cloud, today announced the integration of OpenAI with the CleverTap platform and launched its AI-generated content creator Scribe. The AI content feature can generate campaign creatives, analyze emotions, and rewrite them keeping in mind a specific emotion that resonates with the brands' users. The feature will be rolled out to customers in April.

Scribe can interpret the emotion of messages and suggest the best alternative that users are more likely to engage with. Growth marketers can now auto-generate emotionally relevant copies and expedite content development by using just a few keywords on Scribe. The technology enables brands to automatically determine the tone of their messages. Marketers can leverage user engagement data based on emotion analysis to develop hyper-personalized content that is consistent with the brand, and also resonates with the user. Scribe is currently available to CleverTap Enterprise Customers on an invite basis.

Based on studies showing how much more value an emotionally connected customer adds, CleverTap has identified five fundamental emotions in MarTech. Namely, fear of missing out (FOMO), anticipation, trust, joy, and surprise – that are integral parameters in the digital world. Scribe has the capacity to produce and analyze content taking these factors into account. For digital-native businesses aiming to boost conversions with the aim of emotionally intelligent content, this will be a game-changer – driving increased visits, swipes, and spending.

Although marketers can personalize the way their customers connect with a brand, they will be able to go a step further with Scribe and customize the emotion of the messages marketers send out. Consider the following two examples of messages that have the same meaning but vastly different emotion scores – ultimately appealing to different audiences.

1. 50% off on shoes! Offer ends tonight!
https://www.acnnewswire.com/docs/Multimedia/20230417.CleverTap1.jpg

2. Hurray! You have won 50% off on shoes. Coupon is valid today.
https://www.acnnewswire.com/docs/Multimedia/20230417.CleverTap2.jpg

"Studies show that marketers only have 2 seconds to capture users' attention in the digital realm. This gives marketers a very brief window to engage their users by tapping into the right emotions and AI enables brands to build these customized campaigns. These advancements in AI will open up the next frontier for marketers and bring back the 'tech' in MarTech." said Jacob Joseph, Vice President Data Science, CleverTap, "We're excited to launch Scribe – our very own OpenAI powered AI content creator to help our customers generate personalized, emotionally relevant messaging to stay connected with users and strengthen digital relationships."

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:

SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tracxn ranks LawSikho as the Top Legal Edtech Startup in the World

GURUGRAM, India, Apr 4, 2023 – (ACN Newswire) – LawSikho, one of India's leading online ed-tech brands, has been ranked as the number one legal ed-tech startup in the world, following latest research by Tracxn, the analytics and market intelligence platform. LawSikho, a pioneer in the legal ed-tech space, is a bootstrapped startup, and was ranked higher than funded legal ed-tech companies in the US and the UK by employee count and number of students, as well as by revenue.

LawSikho catered to over 9500 learners in the 2022 calendar year, and achieved almost US$6 million in revenues, by annualized run rate, as of February 2023. LawSikho employs over 380 full time professionals across 6 countries, and has helped thousands of learners – lawyers, students and homemakers from across India – find internships and work-from-home opportunities in the US, UK, Canada, Dubai, Australia, Switzerland and other countries through its organisation.

Gurugram-based LawSikho was earlier named "Best LegalTech Company of the Year" at the [3rd Edition] Technology Excellence Awards 2023, by Quantic India in New Delhi on March 10. The award recognized LawSikho's contribution to the legal industry through its innovative and effective use of technology in legal education. LawSikho's legal-tech has changed the education landscape, bridging the gaps in online classes, and creating extraordinary lawyers with exceptional legal acumen.

"The growth of LawSikho has been fueled by two trends, 'Learn & Earn', and remote work. However being at the forefront of the legal ed-tech industry comes with responsibilities. We fully believe that technology has the ability to revolutionise legal education, and we will continue in our mission to provide accessible and high-quality legal education and support for individuals and professionals aspiring to access cross-border career opportunities," said Ramanuj Mukherjee, CEO, LawSikho.

About LawSikho
LawSikho is one of India's leading online ed-tech brands, offering both legal and non-legal students and professionals the most advanced courses to help them acquire skills and knowledge that they can bank on to bag the best jobs, crack difficult competitive exams, and serve their clients. LawSikho has featured on well-known platforms like TEDx, The Hindu, The Economic Times, Yahoo! News, The Tribune, and more. Most LawSikho courses are recognised by the National Skill Development Corporation. Learn more at https://lawsikho.com.

About Tracxn
Tracxn Technologies Ltd is a market intelligence platform. It tracks and analyses startup companies, emerging technologies and investment trends, and provides insights on various sectors including ed-tech, FinTech, e-commerce and healthtech, among others. Launched in 2013 by former Sequoia Capital analyst Neha Singh and Accel Partners associate Abhishek Goyal, Tracxn has grown by 400 percent over the last year, while its staff of analysts has increased from 25 to 125. Visit https://tracxn.com.

PR Contact Details:
Shrishty Singh / Prashant Agarwal
Email: marketing@lawsikho.in

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Coinweb has Closed $2 Million Fundraising Round from SAVA Investment Management

HONG KONG, Apr 3, 2023 – (ACN Newswire) – SAVA Investment Management, a licensed fund manager registered in the Cayman Islands and British Virgin Islands, has partnered with Coinweb to buy back 6% of the total supply of CWEB tokens.

Johan Ditz Lemche, Managing Director of SAVA Investment Management, said, "We are delighted to support and invest in Coinweb. The project has shown tremendous progress in its technology and well-developed business strategy. We recognise Coinweb's resilience and dedication to innovation within the current environment of the digital asset space."

Toby Gilbert, CEO & Co-Founder, expressed his satisfaction with the partnership and explained that the tokens will be used for continued ecosystem build-out, as the project moves to full production readiness in anticipation of the mainnet launch, "We are proud to announce this strategic partnership. SAVA understands and is aligned with our core values. This is a significant vote of confidence during this challenging period. The remaining founding members and I are extending both the lockup and vesting period of our own tokens to show our long-term commitment to the project and give a strong signal to our community."

In 2022 Coinweb released a cross-chain tokenisation platform; LinkMint, a native marketplace; DeconX, and a multi-tenancy wallet. The blockchain-agnostic protocol lowers the barrier to entry for large enterprises while ensuring the continuity of the liveness of these projects.

About Coinweb

The Coinweb Protocol is a platform used to run decentralised applications on top of multiple different blockchains using them as one. This allows developers of applications to combine the best properties and functionalities of each blockchain.

Coinweb Labs is a design and build consultancy service that creates custom-built and turnkey solutions for decentralised applications interacting with Web3. Coinweb Labs is responsible for building third-party projects on top of the Coinweb protocol and incubating new projects.
For more information, visit coinweb.io

Twitter: @CoinwebOfficial
Telegram: Coinweb.io

CONTACT INFORMATION:
Ain Mohd
+66 6143 28757
ain@coinweb.io

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com