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IGP partners with Locus for seamless Valentine’s week deliveries

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Mumbai: Merging cutting-edge tech with the spirit of love, Locus.sh, a global logistics technology company and prominent online gifting platform IGP have united to orchestrate smooth and seamless deliveries across major Indian cities like Delhi, Mumbai, Bangalore, and others.

By harnessing Locus.sh’s supply chain execution technology, IGP will streamline its last-mile delivery operations, ensure on-time and efficient fulfillment of its orders, optimize fleet management, and provide an enhanced end-customer experience. The online gifting platform will leverage an end-to-end tailored dispatch management solution to automate and optimise the process from order placement to delivery completion.

Locus.sh CEO Nishith Rastogi expressed his enthusiasm about the collaboration and said “By integrating Locus.sh’s advanced logistics technology with IGP’s passion for connecting people through meaningful gifts, we are redefining what it means to deliver not just parcels, but experiences. Our focus is on precision, efficiency, and the seamless integration of technology to meet and exceed the evolving expectations of today’s consumers. Together, Locus.sh and IGP are committed to ensuring that every delivery not only reaches its destination on time but also contributes to a memorable moment. This is the future of logistics—personalised, reliable, and consistently exceeding expectations.”

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The Indian market has witnessed the expansion of Valentine’s Day into a multi-million dollar industry, marked by extravagant spending on gifts and experiences to convey love. Notably, metropolitan cities are at the forefront of this trend. With this partnership, IGP is poised to meet the escalating demand and enhance the Valentine’s experience for the customers.

Echoing similar sentiments, IGP CEO and founder Tarun Joshi said, “In the spirit of celebrating love on Valentine’s Day, our partnership with Locus marks a pivotal moment for IGP, as we embrace smart technology to optimize the last mile delivery orders for us. With Locus at our side, we are poised to achieve impeccable and timely deliveries, ensuring that every heartfelt expression reaches its destination promptly. IGP is not only committed to enhancing customer satisfaction through Locus’s cutting-edge technology but is also thrilled to announce the launch of 30-minute deliveries on over 250 curated products across 400 plus cities in India. This strategic collaboration with Locus is a testament to our dedication in providing innovative solutions, ensuring seamless and unforgettable moments for our customers throughout Valentine’s week and beyond.”

As Locus.sh and IGP come together this season, it also sets up the stage for future innovations in the world of e-commerce and logistics ultimately benefiting the end consumers. 

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YES Bank appoints S Anantharaman as chief risk officer

Former Jio Financial Services group chief risk officer takes charge of enterprise-wide risk at the embattled private lender

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MUMBAI: YES Bank is not taking chances with risk anymore. The private lender has appointed S Anantharaman as its chief risk officer, a hire that signals the bank’s continued effort to rebuild credibility and tighten the controls that once famously slipped.

Anantharaman arrives from Jio Financial Services, where he served as group chief risk officer and built a risk management architecture spanning lending, payments, insurance broking and asset management from the ground up. Before that, he held the chief risk officer role at Bank of Baroda and senior leadership positions at HDFC Bank and L&T Finance Holdings. Three decades in banking and financial services, in other words, with scars and qualifications to match. He is a chartered accountant and a CFA charterholder.

At YES Bank, his brief is considerable. Anantharaman will oversee the bank’s entire enterprise-wide risk framework, covering credit policy, market risk, operational risk, information security, data governance, analytics, model governance and data privacy. It is, in short, every lever that matters when a bank is trying to prove it has grown up.

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YES Bank’s turbulent past needs little rehearsing. What it needs now is exactly what Anantharaman has spent thirty years building: the kind of risk culture that stops problems before they become headlines. The appointment suggests the bank knows it.

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