Digital
Classic Stripes rebranded as Naxnova
Mumbai: Classic Stripes, the flagship company of the Astarc Group, is a design & technology company providing new generation solutions to global OEMs in the Automotive, Consumer Durables & Appliances industries in India and globally has announced its new brand identity. The company will now move forward as ‘Naxnova’. On track to quadruple revenues in the next 4 years, the company aims to grow the homegrown brand globally under the leadership of its managing director – Salil Musale.
Naxnova (previously Classic Stripes) is an ambitious and fast-paced global India-based organisation with a unique product portfolio and global presence. For over three decades, they have been the preferred partners and suppliers to some of the leading OEM customers all over the world. The company’s design approach sets it apart in the industry as it focuses on bringing futuristic solutions ingrained in practical research that works for its clients. Standing strong with over 1000 employees, the company leverages design & technology as an enabler to make this ambition possible and nurtures strong partnerships to bring superior & positive experiences for millions of users around the world. They have built a global R&D team to deliver solutions for its customers. They already serve global OEMs like Yamaha, Ford, Honda, Suzuki, Tata Motors, Toyota, Kia, Nissan Renault, MG, Samsung, Hero, Bajaj, Harley Davidson, KTM, TVS, Royal Enfield, Panasonic, Continental, and more. Their next generation products are thin, flexible, lightweight and sustainable, in line with their vision to provide positive & exciting experiences to their customers in the areas of illumination, smart surfaces, safety sensors, thermal management, branding with aesthetics and great functionality embedded in all their solutions. Besides automotive, consumer goods and appliances, Naxnova will very soon be entering the medical devices & wearables industry.
“The name ‘Naxnova’ symbolizes our innovative spirit.’Nax’ hints at the nexus of technology and advancement, while ‘nova’ suggests a burst of newness and brilliance. Together, ‘Naxnova’ represents our journey into unexplored realms of technology especially in PRINTED ELECTRONICS. The new brand identity will leverage our deep-rooted experience across almost 40 years in the industry and will give strength to our global plans as we expand across countries and verticals to serve our existing and new customers. We are a homegrown design & technology company that will work with brands in India and globally, becoming a leader in its space in the next 5-7 years,” said Musale.
Commenting on the same, founder, narrative Rohit Varma, said “The rebranding project of Classic Stripes was surely intriguing. The organization is advancing in a new direction and expanding globally, necessitating the rebranding. The new brand needs to appeal to a global audience which means we needed to look at what’s happening around the world in this space and create a unique positioning for the new brand. While Classic Stripes is known for their precision manufacturing capabilities, this new brand will be known for its design, technology and engineering prowess.”
https://www.linkedin.com/company/naxnova1/
Digital
OpenAI’s Stargate lead Peter Hoeschele exits with two senior leaders
Trio behind compute push set to join new startup amid leadership reshuffle
SAN FRANCISCO: Peter Hoeschele, a key figure behind OpenAI’s early Stargate data centre initiative, has exited the company, according to a report by The Information.
The departure is part of a broader leadership shift, with two other senior executives, Shamez Hemani and Anuj Saharan, also set to leave in the coming days. All three are expected to join the same new startup, although details about the venture remain under wraps.
The trio played a central role in OpenAI’s Stargate effort, an initiative aimed at building large-scale data centre capacity in-house to reduce reliance on external infrastructure providers. Their exits mark a notable moment for the company’s compute strategy as it continues to scale rapidly.
OpenAI spokesperson said in a statement to The Information, “We’re grateful for the contributions Peter, Shamez, and Anuj have made to OpenAI and wish them the very best in what comes next.” The company also pointed to the recent appointment of Sachin Katti to lead its industrial compute organisation, signalling continuity in its infrastructure roadmap.
OpenAI has indicated that it does not plan to directly replace Hoeschele’s role, suggesting a possible restructuring of responsibilities within the team.
As competition intensifies in the race to build next-generation AI systems, leadership changes in core infrastructure teams are likely to draw close attention. For now, the spotlight shifts to what this departing trio builds next, and how OpenAI adapts as it scales its ambitions.
