MAM
Magnasoft brings Ravi Shelvankar on board as CBO
Mumbai: Global player in the arena of digital geospatial information and services, Magnasoft has brought on board Ravi Shelvankar as chief business officer (CBO) of hi-tech & automotive division, North America.
Magnasoft 3.0 is getting strengthened with exceptional additions to its leadership teams across all verticals. Shelvankar’s appointment is the right next step for Magnasoft to make a significant impact on the $440 billion geospatial markets, said the company in a statement on Saturday.
“In our newest version, we are largely focusing on new verticals such as utilities & communications and hi-tech & automotive. The hi-tech market is growing exponentially,” said Magnasoft co-founder & CEO Bobbie H Kalra. “The global autonomous vehicle market is projected to garner $556.67 billion by 2026. Moreover, hyperscalers are exhibiting unprecedented growth and Magnasoft is aiming to play an important role in this growth journey.”
Shelvankar has over 20 years of experience in directing leading-edge services business models, strategic sales, and Fortune 500 key account management with an outstanding record of achievement in complex multimillion-dollar, multiyear deals and contracts. He worked with companies such as ValuePoint Technologies, CSS Corp, Sify Americas, and Infosys.
“Keeping in view the vast leadership experience that Ravi holds in the hi-tech industry, his mentoring will prove invaluable at this time. I am confident that under his leadership many important business relations will flourish,” said Kalra on the new appointment.
Speaking on his new role, Shelvankar said, “Magnasoft brings in the unique blend of diverse domains – from automation and labeling to HD mapping to reference data curation combined with expertise in managing data from different sources such as cameras, LiDAR, GPS, IMU, and radars. It is exciting to be a part of this growing team.”
Brands
Hyundai Venue crosses 1 lakh bookings, adds HX8 Diesel AT variant
New top-spec automatic diesel trim brings ventilated seats, OTA updates and paddle shifters.
MUMBAI: Hyundai Venue just hit the jackpot and upgraded the prize because when you cross 1 lakh bookings, you don’t just celebrate, you throw in paddle shifters and ventilated seats for the ride. Hyundai Motor India Limited (HMIL) announced that the all-new Hyundai Venue has achieved 1 lakh bookings, cementing its strong position in the compact SUV segment. To mark the milestone and further enhance customer choice, the company introduced the new HX8 Diesel Automatic (AT) variant.
The HX8 Diesel AT is powered by the proven U2 1.5L CRDi diesel engine paired with a 6-speed automatic transmission. It adds a host of premium comfort, safety and convenience features, including:
- Ventilated front seats
- Dual-tone leatherette seats with VENUE branding
- Electric 4-way driver seat adjust
- Controller Over-the-Air (OTA) updates
- Hyundai Bluelink connected car technology
- Electric parking brake with auto hold
- Rear disc brakes
- Ambient lighting on crash pad and central console
- Drive mode select (Eco, Normal, Sport)
- Traction control modes (Sand, Mud, Snow)
- Paddle shifters
HMIL, managing director & CEO Tarun Garg said, “We are delighted that the new Hyundai Venue has crossed 1 lakh bookings, reaffirming the strong trust Indian customers place in our brand. The introduction of the new HX8 Diesel Automatic variant further strengthens the Venue lineup, offering customers the perfect blend of diesel efficiency, torque-rich performance and effortless convenience.”
Backed by Hyundai’s extensive sales and service network, the Venue continues to appeal to buyers seeking a feature-rich, comfortable and future-ready compact SUV. The new variant reinforces HMIL’s focus on delivering advanced technology, safety, comfort and value while adapting to evolving customer preferences.
In a segment where bookings are the real horsepower, Hyundai isn’t just counting milestones, it’s handing drivers an automatic upgrade that makes every journey feel like the victory lap.
