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Kotak Alts announces winner of the inaugural Katalyst Awards

Ms Himani Choudhary named Katalyst for the year – India’s Best Financial Content Creator; wins Rs. 25 Lakhs

MUMBAI, India, March 10, 2026 /PRNewswire/ — Kotak Katalyst Awards, a national initiative instituted to recognise excellence and responsibility in financial content creation has announced the winner of its first Katalyst edition. Kotak Alternate Asset Managers Limited (“Kotak Alts”) today announced Himani Choudhary as the winner. The winner was awarded a prize of INR 25 Lakhs, positioning Katalyst among the most meaningful recognitions for financial content creators in India.

Srini Sriniwasan, Managing Director, Kotak Alts, said, “The Kotak Alts Katalyst Awards were instituted to recognize content creators who are contributing meaningfully to financial literacy in India. As investor participation deepens, audiences are seeking clarity, context, and credibility. The response from creators was overwhelming and points to the new generation of financial educators.  As the inaugural winner Ms. Himani Chaudhary, exemplifies the standard of financial communication that Katalyst seeks to encourage.”

The first edition of the Kotak Alts Katalyst Awards received over six hundred entries from across 19 states and in 8 languages, reflecting the growing role of digital creators in shaping financial awareness. Conceived in response to increasing clutter and misinformation in the financial ecosystem, Katalyst is designed to recognize creators who place accuracy, transparency, and investor interest at the core of their work.

The winning content, ‘Personal Finance & Major Finance Updates’ by Himani Choudhary, was recognised for its clarity, originality, and credibility. The jury noted the content’s ability to explain complex financial concepts in a clear and measured manner, supported by strong research and a consistent focus on investor education over virality.

To ensure a robust and transparent evaluation process, the awards framework was designed and audited by EY. The top thirty entries were assessed by an academic jury.

The top 10 finalists were subsequently evaluated by a grand jury comprising Kunal Shah, Founder and CEO of CRED; Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund; and Alpesh Shah, Managing Director and Senior Partner at Boston Consulting Group, and chaired by Ananth Narayan, former Whole–Time Member of SEBI with extensive capital markets and regulatory experience.

The Katalyst Awards recognise financial content creators who priorities financial literacy, substance, and long–term investor interest. Through this initiative, Kotak Alts aims to encourage responsible financial communication and support the development of informed and confident investors across India.

About Kotak Alternate Asset Managers Ltd: Kotak Alternate Asset Managers Limited (‘Kotak Alts’), a part of Kotak Mahindra Group (‘Kotak’), focuses on Alternate Asset Management and Investment Advisory businesses. Kotak Alts was set up in early 2005 and has raised, managed, and advised over USD 22 billion across different asset classes, including Private Equity, Real Estate, Infrastructure, Special Situations, Private Credit, and Investment Advisory. The asset management business and investment advisory vertical are managed by independent specialist teams. For more information, visit https://www.kotakalternateasset.com/

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Reliance Digital Introduces High-Performance iQOO 15R to its Nationwide Store Network

MUMBAI, India, March 11, 2026 /PRNewswire/ — Reliance Digital announces the offline retail availability of iQOO, the high-performance smartphone brand built for today’s youth and tech-forward consumers. Following strong traction in online channels, iQOO is now extending its presence into physical retail, allowing customers to experience and purchase its devices first-hand at Reliance Digital stores across India.

Known for pushing the boundaries of speed, and power, the iQOO 15R is powered by the Snapdragon 8 Gen 5, delivering exceptional speed, responsiveness, and sustained performance throughout the day. It packs iQOO’s biggest battery yet in an ultra-slim 7.90mm design, making it India’s slimmest smartphone with a 7600 mAh battery.

The device features a 6.5K IceCore VC Cooling Chamber for stable performance and runs on OriginOS 6.0 based on Android 16 out of the box, supported by 4 years of software updates and 6 years of security updates. It is also equipped with a Sony LYT-700V OIS camera, a 1.5K 144Hz AMOLED EyeCare display, and IP68 & IP69 dust and water resistance, making it a dependable daily partner for professionals on the go.

The brand’s offline expansion marks an important step in deepening consumer engagement by offering hands-on access to its devices, enabling customers to explore iQOO’s powerful performance, advanced display technology, and flagship-grade camera capabilities in a real-world retail environment.

The availability of iQOO at Reliance Digital brings together two brands driven by innovation and consumer experience. While iQOO continues to build its reputation as a performance-led smartphone brand, Reliance Digital strengthens its portfolio by offering customers access to cutting-edge technology brands through its extensive nationwide retail network.

Through engaging in-store experiences, knowledgeable staff, and immersive product demonstrations, Reliance Digital aims to help consumers better understand iQOO’s performance-first DNA. This move further reinforces Reliance Digital’s commitment to staying ahead of evolving consumer preferences and serving as a preferred destination for discovering new-age technology.

With this expansion, Reliance Digital continues to play a key role in shaping India’s consumer electronics landscape by bringing future-ready brands closer to customers, while enabling smartphone brands like iQOO to build stronger connections with a growing, performance-driven audience.

The all new iQOO 15R is now available at Reliance Digital stores nationwide.

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Paperpal for Life Sciences Establishes HIPAA Readiness, Strengthening Enterprise Adoption of AI in Regulated Medical and Scientific Writing Workflows

MUMBAI, India, March 10, 2026 /PRNewswire/ — Paperpal for Life Sciences, an enterprise-grade Artificial Intelligence (AI) platform by Cactus Communications, purpose-built for Medical Affairs and Life Sciences organizations, announced the completion of an assessment evaluating its operational and technical safeguards to support Health Insurance Portability and Accountability Act (HIPAA) requirements. This milestone reinforces Paperpal’s commitment to meeting the rigorous standards of security, data protection, and regulatory readiness required for regulated scientific workflows.

Growing AI use in medical affairs writing and publication workflows is intensifying scrutiny on data privacy, governance, and regulatory accountability. To support these evolving needs, Paperpal for Life Sciences has undertaken an assessment of its systems and processes to evaluate readiness to support HIPAA compliance, where applicable, and now proudly offers the option to execute a Business Associate Agreement (BAA) for Protected Health Information (PHI) and Personally Identifiable Information (PII). This offering gives customers the confidence that PHI or PII, if received, is handled securely and responsibly, in line with regulatory expectations and enterprise risk management practices.

Paperpal for Life Sciences provides AI writing, literature search, source-grounded summarization with citation support, and critical publication checks, powering medical affairs content creation under stringent data privacy and governance controls. The platform accelerates research-to-publication timelines by upto 25%, supporting faster dissemination of clinical evidence and earlier commercialization of new drugs and therapies.

Nishchay Shah, Group CTO and EVP, Products and AI at Cactus Communications, said, “As AI becomes foundational to regulated scientific and medical workflows, compliance and trust are no longer optional. Paperpal for Life Sciences’ HIPAA readiness measures reflect our secure-by-design approach to AI, strong data governance framework, and alignment with real-world enterprise and regulatory requirements. This milestone enables organizations to adopt AI at scale with confidence that their data, processes, and compliance obligations are protected .”

Elvira Dsouza, President, Cactus Life Sciences, added, “Medical Affairs and Life Sciences teams operate in highly regulated environments where scientific rigor, data privacy, and compliance are non-negotiable. HIPAA readiness positions Paperpal for Life Sciences as a trusted AI partner, one that enables organizations to accelerate evidence generation and scientific communication without compromising regulatory integrity .”

With this announcement, Paperpal for Life Sciences reinforces its position as a purpose-built, enterprise-ready AI platform for medical affairs content generation that supports innovation while meeting the highest standards of privacy, ethics, and regulatory compliance.

Media Contact:

Nidhi Amin

nidhi.amin@cactusglobal.com 

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The Economic Times Concludes ET AI Conclave & Awards 2025: India’s AI Leaders Call for ‘Hard Differentiation’ and Sovereign Safeguards

BENGALURU, India, March 9, 2026 /PRNewswire/ — The inaugural ET AI Conclave & Awards, convened under the banner ‘2025’ to mark India’s AI inflection year, concluded today in Bengaluru, marking a definitive shift in India’s technology landscape from speculative interest to large-scale execution. The event brought together over 250 of the nation’s most influential CXOs, founders, and policymakers to address the critical pillars of Trust, Sovereignty, and Scale.

The conclave featured substantive discussions on India’s role as an AI architect rather than just a consumer. Vivek Raghavan, Co-founder of Sarvam AI – one of India’s leading indigenous language model ventures – delivered a warning against ‘digital colonialism,’ urging India to build auditable, sovereign models to ensure data security and long-term strategic independence.

PhonePe CTO, Rahul Chari cautioned against rushing AI deployments to production without the ‘right scaffolding,’ advocating for AI-first engineering that prioritises architecture over hype. In the ‘Build, Borrow, or Burn’ session, Paras Chopra, founder of LossFunk (a probabilistic forecasting and decision intelligence firm), and Peeyush Ranjan, CEO of Fermi.ai (an enterprise AI reasoning platform), argued that as software development becomes commoditised, true competitive differentiation will only emerge from solving ‘extremely hard’ problems that resist easy replication. A grand jury of industry leaders – including Naveen Tewari (Founder & CEO, InMobi), Srikanth Velamakanni (Co-founder & Group CEO, Fractal Analytics), and Sharad Sanghi (CEO, Neysa) – tackled the bubble debate head-on. The panel reached a clear consensus: AI is not a bubble, but an existential reset that Indian enterprises can no longer defer.

“The ET AI Conclave has proven that India is no longer a passive recipient in the global AI race,” said Puneet Kukreja, VP – Business Head, Economictimes.com. “By focusing on functional excellence and sovereign capability-building, our winners and speakers have laid a replicable blueprint for an AI-first India – one positioned to serve not just its own 1.4 billion people, but the broader emerging world that has long been underserved by Western AI models.”

In a finding that runs counter to prevailing mainstream narratives, the jury concluded that AI’s transformative potential in India is still significantly underhyped. However, the panel flagged an urgent ‘compute crisis’: India’s current GPU capacity (approximately 50,000–60,000 units) lags significantly behind global peers, necessitating a massive ramp-up in infrastructure investment and risk capital to remain competitive.

The evening culminated in the recognition of organizations that have moved decisively past experimentation to deliver measurable business impact. Winners were announced across three tracks – Enterprise, SME, and Startups, with the evaluation emphasising real-world deployment at scale over pilot-stage proof of concepts.

AI for India Leader:

Vivek Raghavan, Co-founder, Sarvam AI

AI Entrepreneur of the Year:

Naveen Tewari, Founder and CEO, InMobi and Glance

AI Team of the Year 

Clinical AI team at Qure.ai

AI Technologist of the Year

Pratyush Kumar, Co-founder, Sarvam AI

AI Woman Leader of the Year:

Irina Ghose, Managing Director, India, Anthropic

AI Young Leader of the Year (Under 30)

(a) Anirudh Sharma, Founder and CEO, Digantara,

(b) Rahul Rawat, Co-founder and COO, Digantara

(c) Tanveer Ahmed, Co-founder and CTO, Digantara

AI Business Leader of the Year, Srikanth Velamakanni, Whole-time Director and Group Chief Executive and Executive Vice-Chairman, Fractal

And many more.

Innovation and Impact Awards

AI Startup of the Year (E-commerce and Quick Commerce): Zepto

AI Startup of the Year (Defence and Public Services): Digantara

AI-Native Large Enterprise: Jio Platforms Ltd.

And many more.

Special Awards

Best Use of AI in Customer Service: ICICI Lombard General Insurance Co. Ltd. 

Best AI-Powered Platform: Jio Platforms Ltd. 

Best AI-Powered Platform: Uniphore

And many more.

Functional Excellence Awards



AI in Marketing and Product Innovation:
 Hindustan Unilever Limited.

AI-Driven Cybersecurity: Jio Platforms Ltd.

AI-Powered Automation and Robotics: NewSpace Research & Technologies Private Limited.

Best Use of AI in Business Operations: Blue Machines AI

And many more.

The ET AI Conclave & Awards 2025 was made possible by the support of its partners: BYD (driving partner), L&T Finance (NBFC partner), Snowflake (AI Data Cloud partner), EY (evaluation partner), T-Hub (Ecosystem partner), Zoho (Technology partner) and Indri (Celebration Partner). Moreover, the gifting partners of the event include Vahdam India, Vaaree, Natch, and Andamen. Their collective involvement reflects the growing convergence of capital, infrastructure, and professional services around India’s AI ambitions.

For the full list of winners and session highlights, visit: https://economictimes.indiatimes.com/et-ai-awards-2025

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