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Unimoni Streamlines Financial Lives for a Global Workforce and Student Population

KOCHI, India, June 7, 2024 /PRNewswire/ — As the world expands and connections grow, more people are working and studying in other countries. These international experiences offer incredible possibilities but come with practical hurdles, particularly when handling money across borders. Unimoni, a leading provider of international money transfer services, is committed to empowering this mobile population with secure, affordable, and convenient solutions.

Facilitating Seamless Money Transfers for the Global Workforce

The rise of remote work and international companies has created a more geographically dispersed workforce. Moving abroad for work or with family from India involves three key financial phases: departure, arrival, and settling in.

Departure: Important financial considerations start before setting foot in the new destination. Planning is key, as visa applications might require proof of sufficient funds. Additionally, some currency exchange for initial spending is likely needed.

Arrival: Settling-in expenses can add up quickly. These include a security deposit for a new home and any temporary accommodation costs if needed between arrival and finding a permanent place. Living expenses such as groceries, utilities, transportation, and other essentials should also be considered. Be prepared for any local taxes or registration fees upon arrival.

Navigating foreign currency can be tricky. Banks often charge fees for converting rupees, depending on the amount, currency, and institution. Additionally, the exchange rate received might not be the best. Similar situations arise when sending money abroad, with remittance fees and less favourable exchange rates from money transfer services.

Unimoni offers competitive exchange rates, minimizing the impact of conversion fees. The transparent structure ensures maximum value, and exceptional customer service guides customers through every step.

Supporting Educational Aspirations of International Students

Embarking on a higher education journey abroad is exciting yet financially demanding. The number of students pursuing educational opportunities abroad is at an all-time high.

Proof of funds is a common requirement for study-abroad visas, assuring the embassy or consulate that sufficient financial resources are available to cover tuition fees and living expenses. Managing overseas expenditures such as university fees, hostel bills, and living costs via the best money changer is inevitable.

Unimoni understands the importance of facilitating tuition payments and living expenses for students from their families back home. Additionally, Unimoni can help find the most suitable and cost-effective accommodations in a foreign country.

Understanding the Solutions Provided by Unimoni

Tuition Fee Payment: Streamline university fees with secure and efficient services, eliminating the hassle of traditional methods and providing competitive exchange rates.

Forex Cards: Gain the convenience and security of a Unimoni Forex card. Accepted worldwide at ATMs and POS terminals, it allows convenient management of daily expenses abroad, avoiding the need to carry large sums of cash.

Sending Money Abroad: Unimoni facilitates the easy transfer of funds to cover hostel fees and living expenses or send money back home. Competitive exchange rates and transparent fees ensure maximum value for loved ones.

Currency Exchange: Get the best possible exchange rates for any foreign currency needed. Unimoni offers a hassle-free experience with minimal conversion charges.

Focus can remain on studies and making the most of the international experience while Unimoni handles financial transactions with ease and confidence.

Unimoni: A Trusted Partner in a Globalized World

Unimoni is dedicated to delivering secure, reliable, and efficient services. Unimoni’s commitment to personalized customer care and innovative financial solutions makes it a trusted partner for individuals and businesses navigating the complexities of a globalized world.  Whether one needs to manage finances locally or internationally, Unimoni is here to support these needs with excellence and integrity.

About Unimoni Financial Services Ltd:

Unimoni Financial Services Ltd has emerged as a trusted pioneer in the financial sector, offering a wide range of services – Foreign Exchange, Travel & Holidays, Gold Loan, Inward Money Transfer, Send Money Abroad, Unimoni Wallet and Insurance.

With over 300 branches and 15,000+ subagent locations across India, Unimoni is committed to offering customers convenient and dependable financial solutions nationwide.

For more information, please visit www.unimoni.in, call 1800 102 0555, or email customercare@unimoniindia.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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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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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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