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Tech Mahindra Launches Altavec™, Next-Generation Spatial Technology Platform for Global Geospatial Transformation

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LONDON, March 27, 2025 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has announced the global launch of Altavec™, an innovative spatial technology platform designed to revolutionize geospatial data management and large-scale mapping operations. Having established a strong presence in Australia and the broader APJ region, Altavec™ is now being introduced to new geographies, including the United States and Europe, to empower industries with cutting-edge geospatial intelligence solutions.

Altavec™ is a versatile, AI-driven platform that combines human expertise with advanced automation to transform spatial data into actionable insights. The platform’s modular architecture enables seamless integration and scalability across industries such as utilities, telecommunications, government, and infrastructure planning, providing organizations with the tools to optimize operations and drive efficiency. By leveraging real-time data processing, AI-powered analytics, and intelligent automation, Altavec™ streamlines mapping workflows, enhances resilience and supports smarter decision-making.

Birendra Sen, President, Business Process Services, Tech Mahindra, said, “Industries globally are grappling with the impacts of climate change, legacy infrastructure, and rising operational costs, all while managing vast amounts of geospatial data and regulatory demands. In this environment, innovative solutions like Altavec™ provide the geospatial intelligence and AI-powered analytics necessary to enhance operational efficiency, foster resilience, and enable smarter decision-making for sustainable growth.”

Altavec™ leverages machine learning and cloud-based architecture, providing rapid access to spatial intelligence and enabling predictive operations, performance, safety, and reliability. The platform uses LiDAR and high-definition imagery to identify and mitigate infrastructure risks, creating precise 3D digital network models. The platform’s versatile architecture and modules combine technical excellence, extensive experience, and a culture of innovation, enabling automation, scalability, and seamless integration to meet the specific needs of essential infrastructure owners, operators, and maintainers. 

Tervinderjit (TJ) Singh, Expert Advisory – CX, Third Eye Advisory, said, “Altavec™ presents utilities, telecommunication companies and local governments with an opportunity to leverage AI, automation, analytics, and geospatial technologies to deliver preventive, predictive, environmental and sustainability services better, cheaper, faster and at scale. Benefiting all stakeholders and the environment in the long run.”

The launch of Altavec™ aligns with Tech Mahindra’s commitment to delivering next-generation technology solutions that enhance human-centric experiences and enable businesses to thrive in an increasingly data-driven world.

For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit: https://www.techmahindra.com

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A Landmark Step Towards Kidney Health Awareness – Manipal Hospitals Yeshwanthpur and Malleshwaram Host a Comprehensive Kidney Health Forum

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BENGALURU, India, April 3, 2025 /PRNewswire/ — In a bid to highlight the increasing significance of kidney health, especially on the occasion of World Kidney Day, Manipal Hospital Yeshwanthpur and Manipal Hospital Malleswaram hosted a joint event featuring two insightful and educative panel discussions, tailored to engage a diverse audience that included senior citizens and college-goers. The forum was designed to resonate with both age groups, highlighting how kidney health concerns affect individuals across all life stages, from active young adults to the elderly.

The event moderator, Dr Deepak Kumar Chitralli, Senior Consultant – Nephrology and Transplant Physician, Manipal Hospital Yeshwanthpur and Hebbal, set the stage with an introduction to the theme of World Kidney Day 2025 – “Are your kidneys OK?” Emphasizing the need for proactive engagement with kidney health, Dr. Chitralli stated, “World Kidney Day serves as a reminder that kidney health should not be overlooked. By increasing awareness and encouraging regular screenings, we can prevent unnecessary complications and ensure that kidney diseases are diagnosed early, giving patients a better chance for effective treatment.”

Key Highlights of the Event

Panel 1: Nephrologists Discuss Kidney Disease, Risk Factors, and Early Intervention

The first panel featured esteemed nephrologists, Dr G K Prakash, Consultant – Nephrology & Transplant Physician, Manipal Hospital Malleshwaram and Millers road and Dr Santosh S, Consultant – Nephrology, Manipal Hospital Yeshwanthpur, who tackled the urgent issue of Chronic Kidney Disease (CKD) and its rising prevalence due to lifestyle changes.

Noting the alarming status of about 850 million people worldwide living with CKD with over 200 million of them progressing to End-Stage Renal Disease (ESRD), and about 10% of the Indian adult population being affected as well, Dr. G K Prakash, pointed out the lifestyle factors contributing to CKD, stating, “The rise in CKD is linked to unhealthy diets, sedentary lifestyles, and the widespread use of over-the-counter drugs. Early intervention, such as reducing salt intake and regular health screenings, can go a long way in preventing progression.” Dr. Prakash also spoke on the role of obesity as an independent high risk factor for kidney disease and stated, “Obesity is the mother of all diseases, including kidney disease. Hence, combating obesity across all age groups is crucial, with particular attention to children, as recent years have seen a significant rise, affecting at least 10-15% of children in our society.”

Adding on to the information, Dr. Santosh S expanded on the differences between acute kidney failure and chronic kidney failure, emphasizing, “Acute kidney failure is often transient (temporary) and reversible with early treatment, while chronic kidney failure requires long-term management.” Dr. Santosh emphasized the importance of managing diabetic kidney disease through a multidisciplinary approach and stated, “Combating high blood sugar levels through regular monitoring significantly helps in preventing or managing the progression of kidney disease.”

Panel 2: Urological Insights into Kidney Cancer, Stones, and Surgical Advancements

The second panel focused on urological perspectives. Dr V Mohan Kumar, Consultant – Urologist and Renal Transplant Surgeon, Manipal Hospital Yeshwanthpur and Dr Vishnu Prasad, Consultant – Uro-Oncology and Robotic Surgery, Manipal Hospital, Yeshwanthpur enlightened the audience with insights on advanced treatments in kidney stone management and kidney cancer.

Dr. V Mohan Kumar spoke about the role of laser surgeries in kidney stone management, stating, “Being minimally invasive techniques, laser treatments have revolutionized surgical management bypassing the need for larger incisions as seen in conventional open surgeries. The laser surgical techniques are highly effective, promote faster healing and recovery with minimal to nil chances of complications, thereby, improving outcomes for kidney stone patients.” Dr. Mohan also addressed some popular myths about kidney stones and advocated the audience to not to resort to any extreme or hearsay measures to prevent the formation or home-management of already formed kidney stones. He stated, “It is rather unfortunate that kidney stone formation cannot be prevented. But ensuring adequate hydration and regular check-ups can significantly reduce the risk of stone formation”.

Dr. Vishnu Prasad talked about kidney cancer with a focus on early detection. “Kidney cancer is often asymptomatic in the early stages. Patients need to be vigilant about unexplained weight loss, blood in the urine, or persistent back pain. Regular health check-ups can make a critical difference in early-stage detection and treatment,” he explained. Addressing treatment options for kidney cancer, Dr. Prasad went on to discuss the effectiveness of both traditional surgeries and newer robotic techniques, saying, “Robotic-assisted surgeries are revolutionizing the way we approach kidney cancer. These methods offer greater precision, faster recovery times, and significantly better outcomes for patients.”

Manipal Hospitals kidney health awareness programs continue to garner attention and make a tangible impact, signalling a growing commitment to protecting kidney health at the community level.

For more information, please visit: https://www.manipalhospitals.com/

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Truecaller surpasses 450 million monthly active users

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STOCKHOLM, April 3, 2025 /PRNewswire/ — Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, reached another important milestone on 1st of April, when the number of monthly active users surpassed 450 million. Truecaller continues to grow rapidly in many different geographic markets and has added approximately 50 million users during the last 10 months. Since the year-end, Truecaller has increased monthly active users with approximately 15.5 million users.

“What started off as a quite basic Caller-ID has over the years transformed to become a loved communication platform that solves for many different communication needs. We are proud that we now serve more than 450 million users globally. As before, we continue to see steady growth in our largest market India but the fastest relative growth is in markets outside of India. So far in 2025 we see strong growth trends in Latin America, South Africa, Kenya, Nigeria, Malaysia and the US to mention a few markets. We continue to develop safe communication that goes way beyond just a caller-ID and we constantly add new functionality to protect our users before, during, and after a phone call or SMS, says Rishit Jhunjhunwala, CEO of Truecaller.

Truecaller reported an average of 429.4 million active users per month during the fourth quarter of 2024 and at the end of the quarter, the number of monthly active users was 434.5 million.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:
Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 450 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

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Calastone Launches Tokenised Distribution Solution to Unlock the Future of Fund Distribution

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LONDON, April 3, 2025 /PRNewswire/ — Calastone, the largest global funds network, today announces the launch of Calastone Tokenised Distribution – a pioneering solution that allows asset managers to tokenise any fund operating on Calastone’s network and distribute it seamlessly across blockchain-based channels.

This innovative service delivers a simple, frictionless route into tokenisation, without requiring asset managers to change how their funds are structured, administered, or serviced. Yet with one step, they can unlock access to a growing universe of investors who operate exclusively within blockchain ecosystems.

“Calastone Tokenised Distribution offers asset managers a powerful new route to market,” said Adam Belding, Chief Technology Officer at Calastone. “We make it possible to distribute existing funds via blockchain networks, instantly and at scale. without any operational upheaval or technical reinvention.”

The solution bridges the gap between traditional investment funds and blockchain-native networks such as Ethereum, Polygon, and Canton, where investment activity is increasingly executed and settled using digital assets. These networks are attracting a fast-growing class of investors that traditional distribution channels do not reach, including:

Corporate treasurers managing substantial on-chain cash balances for yield and efficiencyStablecoin issuers and institutional crypto firms seeking regulated investment options without the need to convert into fiat currenciesCrypto-experienced retail and wealth investors who want access to traditional assets via the same wallets and digital infrastructure they use for digital assets

By embedding tokenised fund shares into these blockchain networks, asset managers gain direct access to new pools of capital, without disrupting existing processes or partnerships.

The solution leverages Calastone’s existing global network – spanning over 4,500 firms across 56 markets – to enable any share class on the network to be tokenised and distributed via public, hybrid, or private blockchains. Orders initiated on-chain are automatically translated and processed through Calastone’s infrastructure, ensuring full compatibility with traditional fund operations.

This enables asset managers to:

Expand into blockchain-native investor channels with no operational disruptionReduce distribution costs via automation and smart contractsMaintain existing service provider relationshipsPosition themselves for long-term advantage in an evolving investment landscape

The launch follows a recent Calastone study showing that tokenisation could unlock over $1351 billion in annual cost savings for the asset management industry, while accelerating fund launches and lowering seed capital requirements.

“The investment world is changing fast,” said Julien Hammerson, CEO of Calastone. “New pools of capital are forming on blockchain networks, and they are not being accessed through traditional channels. Our Tokenised Distribution solution gives asset managers instant reach into these markets, without the requirement or need for transformation. We are making it easy to evolve with the market.”

At its core, Calastone Tokenised Distribution converts eligible fund shares into smart contract-powered tokens embedded directly onto blockchain networks. These tokens reflect the fund’s full detail, operate with built-in security protocols, and automatically mint and burn in line with real-time subscriptions and redemptions.

 

About Calastone

Calastone is the largest global funds network, connecting the world’s leading financial organisations.

Our mission is to reduce complexity, risk and costs, enabling the industry to deliver greater value to investors. Over 4,500 clients in 56 countries and territories benefit from Calastone’s services, processing over £250 billion of investment value each month.

Calastone is headquartered in London and has offices in Luxembourg, Hong Kong, Taipei, Singapore, New York and Sydney.

1 https://www2.calastone.com/tokenisationcostresearch

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