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Gupshup announces India’s first Conversational Buyer App for ONDC

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Beta showcase to support commerce and food ordering on WhatsApp

MUMBAI, India, June 26, 2024 /PRNewswire/ — Gupshup, the world’s leading Conversation Cloud has announced India’s very first Conversational Buyer App on the ONDC network, at their flagship event Conversations 2024 in Delhi. It enables buyers to use a WhatsApp-based conversational UI to discover, browse, and buy products from sellers across the ONDC network, without needing to download any other mobile app. Soon, Gupshup will also offer this product capability to its enterprise customers that want to integrate conversational commerce into their chatbots. This launch demonstrates the perfect alignment of Gupshup’s vision of a conversational internet with ONDC’s mission of democratizing digital commerce.

 

India’s diverse population uses different mobile tools, varied languages, and possesses different levels of tech-savvy. But they all know how to chat via WhatsApp. Delivering conversational experiences via the messaging app is the only way to reach everyone. Gupshup’s Buyer App on ONDC brings the vast commerce network to users nationwide, usable in any language, quickly and easily. This will truly transform digital commerce on a population scale in India.” said Beerud Sheth, CEO, Gupshup.

More than 650 million Indians are now active on social media and messaging platforms. Despite this massive engagement, only 30% of users (approximately 200 mn) shop online. And a whopping 50% of the remaining 450 million haven’t even used any apps beyond social media and entertainment. Furthermore, 65% of savvy digital users find app downloads frustrating and 40% abandon a purchase if pushed to install apps.

“Gupshup Conversation Cloud makes it easy for businesses to build rich conversational commerce experiences with AI-powered natural language interactions, in any language, over text and voice, with deep personalization, across the entire customer lifecycle. This ONDC Buyer App is the perfect demonstration of the significant impact of conversational experiences and the unique ability of Gupshup’s platform to enable them”, said Gaurav Kachhawa, Chief Product Officer at Gupshup. 

The Buyer App is in Beta and will initially have limited availability, allowing users to order food & beverages like biryani on WhatsApp. Customers will be able to share their location over chat, browse sellers close to them, order food, and make payments right from WhatsApp. Support for additional conversational channels such as Google RCS and Voice is also coming soon. With these capabilities, merchants, and businesses looking to participate in the ONDC eCommerce ecosystem can leverage the Gupshup ONDC Commerce Platform and speed up their time to market.

ONDC, which stands for Open Network for Digital Commerce, is a collaborative initiative that brings together various merchants and brands on a unified digital commerce platform. This interconnected network was developed by the Indian government’s Department for Promotion of Industry and Internal Trade. The primary goal of ONDC is to foster an open and inclusive e-commerce ecosystem in India.

According to various reports, the initiative has seen significant traction since its official introduction in January 2023. It has processed over 49.79 million transactions to date with transportation services, particularly ride-hailing apps like Namma Yatri accounting for more than half of the monthly order volume. Among other sectors, the food and beverages category is another one experiencing rapid expansion.

To understand how Gupshup is building an inclusive e-commerce ecosystem with ONDC, watch this video.

About Gupshup

Gupshup is the world’s leading Conversation Cloud that enables businesses to advertise, communicate, and converse with their customers by leveraging AI and CPaaS. Gupshup’s conversational engagement solutions enable 45,000+ brands across India, Latin America, Europe, Southeast Asia, the Middle East, and the United States to deliver better customer experience, and increased revenue while saving costs. Citibank, AkzoNobel, Khan Academy, Unilever, Dream11, Netflix, Flipkart, and Ola are a few of its leading clients. With an industry-trained Conversational AI platform and real-time unified profiles, Gupshup powers over 10 billion messages per month. Valued at $1.4 billion, the company has marquee investors such as Tiger Global, Fidelity Management and Research Co. LLC, and others on its cap table. For more details, please visit www.gupshup.io.

Contact:
Vandana.v@gupshup.io 

Video: https://www.youtube.com/watch?v=R9zaD8q3RW4
Photo: https://mma.prnewswire.com/media/2447598/Gupshup_ONDC.jpg
Logo: https://mma.prnewswire.com/media/2182479/Gupshup_Logo.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/gupshup-announces-indias-first-conversational-buyer-app-for-ondc-302181839.html

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Scout Surface Solutions LLC Acquires Kinetic Pressure Control Ltd., Expanding Global Capabilities and Technology Leadership in Pressure and Flow Control

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HOUSTON, April 21, 2025 /PRNewswire/ — Scout Surface Solutions LLC (“Scout”), a leading provider of completions services and equipment to the oil and gas industry across North America and the Middle East, is proud to announce its acquisition of Kinetic Pressure Control Ltd. (“Kinetic”), an SCF Ventures portfolio company specializing in innovative pressure and flow control solutions. Both companies are headquartered in Houston, Texas.

This strategic acquisition marks a significant milestone in Scout’s growth trajectory, combining Kinetic’s disruptive technology, international market presence, and strong innovation pipeline with Scout’s extensive operational footprint and high-quality service portfolio. Scout and Kinetic will be able to offer cutting-edge, patented solutions and systems to its customers for high-value applications such as continuous frac, pressure control, pad automation, and control systems.

“We are delighted to welcome Kinetic Pressure Control to the Scout family,” said Stefan Radwanski, CEO of Scout. “This acquisition enhances our technological capabilities and broadens our reach, allowing us to better serve our customers around the world with a truly unique, integrated offering across drilling and completions.”

Kinetic Pressure Control is renowned for its best-in-class technologies, including K-BOS, which is the highest-performing shear and seal device in the global well-control market. The company’s ongoing development of next-generation technologies in pressure and flow control will now benefit from Scout’s operational infrastructure and deep industry relationships in key global regions. Kinetic has approximately 100 employees across its operations in North America, the Middle East, Australia, Asia, South America and Europe.

“Joining Scout Surface Solutions opens an exciting new chapter for Kinetic,” said Steven Angstman, CEO of Kinetic Pressure Control. “Our shared commitment to innovation and operational excellence will unlock new opportunities to serve our customers with unmatched capability and value.”

As a unified organization, Scout and Kinetic will be able to leverage Kinetic’s technologies and Scout’s experience in drilling, completions, and production services to develop unique products that will deliver best-in-class pressure and flow performance and service – backed by world-class facilities, advanced engineering, and decades of combined industry experience.

The combined companies will employ 300+ people and operate 10 service and manufacturing facilities in the United States and Middle East, including a significantly enhanced presence and footprint in Saudi Arabia.

Scout was represented by Houlihan Lokey as financial advisor and Hallett & Perrin PC as legal counsel. Kinetic was represented by PPHB as financial advisor and Walker Eisenbraun LLC as legal counsel.

View original content:https://www.prnewswire.com/news-releases/scout-surface-solutions-llc-acquires-kinetic-pressure-control-ltd-expanding-global-capabilities-and-technology-leadership-in-pressure-and-flow-control-302433824.html

SOURCE Scout Surface Solutions

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Broadridge Schedules Webcast and Conference Call to Review Third Quarter Fiscal Year 2025 Results on May 1, 2025

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NEW YORK, April 21, 2025 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE: BR) is scheduled to release its financial results for the third quarter of fiscal year 2025 on Thursday, May 1, 2025. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on May 1, 2025. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Chief Financial Officer, will participate on the call. 

To listen to the live event and access the slide presentation, visit Broadridge’s Investor Relations website at www.broadridge-ir.com prior to the start of the webcast. To listen to the call, investors may also dial 1-877-328-2502 within the United States and international callers may dial 1-412-317-5419.

A replay of the webcast will be available and can be accessed in the same manner as the live webcast at the Broadridge Investor Relations website. A recording of the call will be available through May 8, 2025 by dialing 1-877-344-7529 within the United States or 1-412-317-0088 for international callers, using passcode 5545669 for either dial-in number.

About Broadridge
Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. 

Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.

For more information, please visit www.broadridge.com

Investor Relations
broadridgeir@broadridge.com 

Media Relations
Gregg.rosenberg@broadridge.com 

View original content:https://www.prnewswire.com/news-releases/broadridge-schedules-webcast-and-conference-call-to-review-third-quarter-fiscal-year-2025-results-on-may-1-2025-302433770.html

SOURCE Broadridge Financial Solutions, Inc.

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Fidelity Investments Canada ULC Announces Cash Distributions for Certain Fidelity ETFs and ETF Series of Fidelity Mutual Funds

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TORONTO, April 21, 2025 /CNW/ – Fidelity Investments Canada ULC today announced the April 2025  cash distributions for the Fidelity ETFs (“Fidelity ETFs”) and ETF Series of Fidelity mutual funds (“Fidelity Funds”) listed below.

For Fidelity ETFs, unitholders of record as of April 28, 2025, will receive a per-unit cash distribution payable on April 30, 2025, as detailed in the table below:

Fidelity ETF Name

Ticker
Symbol

Cash
Distribution
Per Unit (C$)

CUSIP

ISIN

Payment
Frequency

Exchange

Fidelity Canadian High
Dividend ETF

FCCD

0.11097

31608M102

CA31608M1023

Monthly

Toronto Stock
Exchange

Fidelity U.S. High
Dividend ETF

FCUD/

FCUD.U

0.23168

31645M107

CA31645M1077

Monthly

Toronto Stock
Exchange

Fidelity U.S. High
Dividend Currency
Neutral ETF

FCUH

0.19391

315740100

CA3157401009

Monthly

Toronto Stock
Exchange

Fidelity U.S. Dividend for
Rising Rates ETF

FCRR/
FCRR.U

0.12422

31644M108

CA31644M1086

Monthly

Toronto Stock
Exchange

Fidelity International
High Dividend ETF

FCID

0.17133

31623D103

CA31623D1033

Monthly

Toronto Stock
Exchange

Fidelity Systematic
Canadian Bond Index
ETF

FCCB

0.07112

31644F103

CA31644F1036

Monthly

Cboe Canada

Fidelity Canadian Short
Term Corporate Bond
ETF

FCSB

0.08070

31608N100

CA31608N1006

Monthly

Cboe Canada

Fidelity Global Core Plus
Bond ETF

FCGB/

FCGB.U

0.08526

31623G106

CA31623G1063

Monthly

Cboe Canada

Fidelity Canadian
Monthly High Income
ETF

FCMI

0.05221

31609T106

CA31609T1066

Monthly

Toronto Stock
Exchange

Fidelity Global Monthly
High Income ETF

FCGI

0.06286

31623K107

CA31623K1075

Monthly

Toronto Stock
Exchange

Fidelity Global
Investment Grade Bond
ETF

FCIG/

FCIG.U

0.07908

 

31624P105

CA31624P1053

Monthly

Cboe Canada

Fidelity Equity Premium
Yield ETF

FEPY/

FEPY.U

 

0.19994

31613F100

 

CA31613F1009

 

Monthly

 

Cboe Canada

 

Fidelity Core U.S. Bond
ETF

FCUB/

FCUB.U

0.09011

315945105

 

CA3159451051

 

Monthly

 

Toronto Stock
Exchange

For ETF Series of Fidelity Funds, unitholders of record as of April 30, 2025 will receive a per-unit cash distribution payable on May 2, 2025, as detailed in the table below:

Fidelity Fund Name

Ticker
Symbol

Cash
Distribution
Per Unit (C$)

CUSIP

ISIN

Payment
Frequency

Exchange

Fidelity Tactical High
Income Fund (ETF
Series)

FTHI

0.03082

31642L664

CA31642L6641

Monthly

Toronto Stock
Exchange

Fidelity Absolute Income
Fund (ETF Series)

 

FCAB/
FCAB.U

0.12403

 

315944108

 

CA3159441086

 

Monthly

Toronto Stock
Exchange

About Fidelity Investments Canada ULC

At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. With assets under management of $270 billion (as at April 17, 2025), Fidelity Investments Canada is privately held and committed to helping our diverse clients meet their goals over the long term. Fidelity funds are available through financial advisors and online trading platforms.

Read a fund’s prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed; their values change frequently and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors may experience a gain or loss.

Find us on social media @FidelityCanada

https://www.fidelity.ca

Listen to FidelityConnects on Apple or Spotify

SOURCE Fidelity Investments Canada ULC

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