STOCKHOLM, April 11, 2025 /PRNewswire/ — Allurity, a leading European provider of cybersecurity services, proudly announces the acquisition of Onevinn, a Swedish company specializing in intelligent security and managed services, from Haven Cyber Technologies. This strategic acquisition marks an important step in realising Allurity’s vision to become the preferred cybersecurity partner in Europe. Onevinn’s expertise strengthens Allurity’s one-stop-shop approach to cybersecurity, enhancing its holistic service offering.

Onevinn has built a strong reputation for intelligent security and managed services, helping organizations strengthen their cybersecurity posture in an increasingly complex digital landscape. By leveraging AI, automation and threat intelligence, intelligent security enables smarter, faster protection against cyber threats. As an award-winning Microsoft Partner – recognized as one of Microsoft’s top elite security partners worldwide – Onevinn’s close collaboration with Microsoft, including participation in the Microsoft Intelligent Security Association (MISA), further reinforces their position as a leader in delivering advanced, future-ready solutions that empower clients.

The acquisition of Onevinn supports Allurity’s goal of becoming a European cybersecurity powerhouse. As demand for trusted and capable European players continues to grow, strengthening regional expertise is essential to safeguarding Europe’s digital landscape. With Onevinn’s strong Microsoft collaboration and expertise in intelligent security, Allurity is further enhancing its ability to deliver robust solutions that help organizations navigate in an increasingly complex threat landscape. 

This strategic move also aligns with Microsoft’s continued expansion in Europe, where over $20 billion has been invested in AI and cloud infrastructure in recent years. With cloud adoption in the region projected to grow by more than 20 percent annually, cybersecurity has never been more critical. Onevinn’s capabilities play a vital role in securing this evolving digital ecosystem, reinforcing Allurity’s commitment to supporting Europe’s growing reliance on cloud services.

“We are happy to welcome Onevinn to the Allurity family, reinforcing our position as a European cybersecurity leader. This strategic acquisition aligns perfectly with our vision of becoming the preferred partner of tech-enabled cybersecurity services in Europe, amplifying our global impact and enabling a safe digital world. Onevinn’s deep expertise and close collaboration with Microsoft will be highly valuable as we continue to expand and enhance our capabilities. We are inspired by their exceptional team and strong entrepreneurial spirit, which will further enhance our collaborative culture and drive future growth,” says Frida Westerberg, CEO of Allurity. 

Claes Kruse, Founder and CEO of Onevinn, comments: “We are excited to join the Allurity family. This marks a new chapter in our growth journey, strengthening our intelligent security offering and expanding our ability to deliver even greater value to our clients. Being part of Allurity gives us the platform to scale our business, broaden our reach, and support even more clients with advanced security solutions. We look forward to growing within a family of like-minded experts, where collaboration and shared ambition will drive our continued success.” 

For more information, please contact:

Maria Lörne
CMO, Allurity
mediarelations@allurity.com | allurity.com

About Allurity 

Allurity is a tech-enabled cybersecurity services group with a mission to enable a safe digital world. With over 600 specialists across Europe, Allurity serves clients globally through a comprehensive range of cybersecurity services. These include both proactive and reactive services and software, such as cyber threat intelligence (CTI), 24x7x365 managed detection and response (MDR), incident response, and proactive tech-enabled consulting. Allurity is supported by Trill Impact, a pioneering impact investor with a commitment to innovation and positive societal impact.

allurity.com 

About Onevinn  

Onevinn, the Swedish Microsoft Security and Compliance partner of the year (2024), is an AI tech-driven cybersecurity provider dedicated to securing the digital landscape. As a Microsoft AI Cloud Partner specializing in Security, Modern Work, and Cloud Infrastructure, and a member of the Microsoft Intelligent Security Association (MISA), Onevinn delivers cutting-edge security and compliance solutions. Built on Microsoft technology, Onevinn’s services empower organizations around the world to navigate cyber threats with confidence, combining strategic expertise with managed services to enhance protection in an AI-first hybrid cloud connected world.  

onevinn.com 

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

https://news.cision.com/allurity/r/allurity-accelerates-european-growth-journey-with-strategic-acquisition-of-onevinn,c4134537

The following files are available for download:

View original content:https://www.prnewswire.co.uk/news-releases/allurity-accelerates-european-growth-journey-with-strategic-acquisition-of-onevinn-302426426.html

In-depth analysis of 45,000+ MSMEs, highlighting credit access, formalization, and digitalization for growth.

MUMBAI, India, April 11, 2025 /PRNewswire/ — UGRO Capital Ltd., a leading DataTech NBFC focused on MSME lending, has released the 3rd MSME Sampark Report – a semi-annual report that is prepared in partnership with Dun & Bradstreet. The 3rd edition highlights that 64% of MSMEs have resumed activity post-pandemic, with around 54% reporting a growth of over 10% Year-on-Year (YoY), underlining the sector’s strong momentum. However, growth in investments in Udyam-registered MSMEs has slowed from 61% in FY22 to 22% in FY23 and 23% in FY24. Large and medium businesses anticipate slower domestic growth in Q1 2025, while small firms remain optimistic. It is noteworthy that while capital costs are expected to remain high in Q1 2025, revised MSME classification criteria could drive further investment and expansion.

Mr. Shachindra Nath, Founder & Managing Director – UGRO Capital, said “MSME Sampark has gone beyond just a report and is slowly becoming a movement that brings together industry leaders, policymakers and financial institutions to collaboratively shape the future of MSME financing. With the 3rd edition of MSME Sampark, we aim to elevate the discourse further by exploring the next phase of MSME credit delivery in India. Our analysis reveals a nuanced picture. We see moderation in total loan disbursement in recent quarters, a trend reflecting more conservative lending practices across the industry. While this could be attributed to stricter risk assessments, it also presents an opportunity for NBFCs to play a more strategic role in bridging the credit gap. The increasing formalisation of MSMEs, as evidenced by lower cash percentages and improved debt-to-turnover ratios, especially among mature and larger businesses, is an encouraging sign.

MSME Sampark’s 3rd edition reaffirms our commitment to empower India’s MSMEs with the right financial solutions, insights, and policy advocacy that drive their sustained growth.”

Dr. Arun Singh, Global Chief Economist – Dun & Bradstreet, said “Dun & Bradstreet’s sector risk ratings indicate improvements in the risk profile of MSMEs in 2024 from 2023, despite global and domestic economic uncertainties. Improvements in the MSMEs’ credit profile were also indicated through a decline in the gross non-performing assets (GNPAs) postpandemic. The overall GNPAs touched a 12-year low in September 2024, with GNPA of large borrowers at 2.4% and of MSMEs at 2.2%, respectively, compared to 12.8% and 11% during early 2020. However, businesses have scaled back their optimism for capital expenditure as their outlook on managing financial risks has deteriorated, reflecting heightened uncertainty faced by them.”

Key Findings:

The 3rd edition highlights that 64% of MSMEs have resumed activity post-pandemic, with around 54% reporting a growth of over 10% Year-on-Year (YoY), underlining the sector’s strong momentum.Global supplier risks are rising as businesses prioritise localised supply chains. Sales and export optimism is declining due to economic uncertainty and trade policies.India has maintained over 7% annual average growth over the past 15 years, excluding the pandemic, and is projected to grow at 6.6% in FY26.Growth in investments by Udyam-registered MSMEs has slowed from 61% in FY22 to 22% in FY23 and 23% in FY24. However, revised MSME classification criteria could drive further investment and expansion.Large and medium businesses anticipate slower domestic growth in Q1 2025, while small firms remain optimistic.Export sentiment among small and medium businesses has weakened amid geopolitical and trade protectionist concerns.Capital costs are expected to remain high in Q1 2025, influencing investment decisions. Medium-sized firms have scaled back optimism on capital expenditure, while small businesses show slight improvement.Credit growth has declined for micro and small businesses (15.5% in May 2024 to 10.1% in Nov 2024), remained stable for large businesses, and surged for medium-sized firms (12.6% in June 2024 to 20.0% in Nov 2024).

Findings from analysis of 45,000+ MSMEs during 2021-2024 across 7 sectors

Debt & Credit Trends in MSMEs: Loan disbursements have moderated in 2024, but the rise in working capital loans highlights a growing reliance on short-term financing. This shift reflects the challenges businesses face in long-term planning amid economic uncertainty. Among the 45,000+ MSMEs analysed, the light engineering, electrical equipment, food processing, and chemical sectors emerged as the largest borrowers in the first three quarters of 2024. Interestingly, over the past six months, B2C businesses have taken on less new debt than B2B businesses, except in the auto components and hospitality sectors.

Growing Formalisation in MSMEs: The study finds a clear trend toward formalisation, as businesses report lower cash holdings and declining debt-to-turnover ratios. This shift suggests improved financial management, optimised cash flows, and reduced dependence on external financing. The effect is even more pronounced in mature and larger businesses (₹20 crore+), signalling a steady move toward greater financial transparency and stability.

Micro Businesses & Credit Access: Among 15,000+ micro businesses studied, loan inquiries continue to rise despite lower disbursements, pointing to a persistent demand-supply gap in credit availability. While businesses actively seek funding, lenders remain cautious. A notable trend in 2024 is the increased preference for asset-backed financing, such as loans against gold jewellery, over cash flow-based lending — a sign that lenders favour secured credit amid economic uncertainties.

The semi-annual report, prepared in partnership with Dun & Bradstreet, a leading global provider of business decisioning data and analytics, offers a comprehensive analysis of India’s MSME sector that reveals key trends and opportunities for the sector’s future. It is based on an in-depth analysis of over 45,000 MSMEs across seven key sectors. It offers a nuanced understanding of the MSME landscape, stressing the importance of credit access, formalisation, and digitalisation in ensuring sustained growth.

The report can be downloaded for free from the websites of Dun & Bradstreet India (http://www.dnb.co.in/) and UGRO Capital (http://www.ugrocapital.com/).

About UGRO Capital Ltd (NSE: UGROCAP I BSE: 511742)

UGRO Capital Limited is a DataTech Lending platform, listed on NSE and BSE, pursuing its mission of “Solving the Unsolved” for the small business credit gap in India, on the back of its formidable distribution reach and its DataTech approach. It aims to service every need of every MSME as it believes that #MSMEAchhaHai.

The Company’s prowess in Data Analytics and strong Technology architecture allows for customized sourcing platforms for each sourcing channel – GRO Plus module, which has uberized intermediated sourcing; GRO Chain, a supply chain financing platform with automated end-to-end approval and flow of invoices; GRO Xstream platform for co-lending, an upstream and downstream integration with fintechs and liability providers; and GRO X application, to deliver embedded financing option to MSMEs.

The company’s patented proprietary underwriting model, GRO Score (3.0), is a statistical framework using AI / ML driven statistical models to risk-rank customers and it is revolutionizing MSME credit by providing on-tap financing like consumer financing in India by assessing a borrower’s creditworthiness based on a data tripod – banking, bureau and GST records. UGRO is also a pioneer in the Co-lending model in India, which is prevalent in the West.

The Company is backed by marquee institutional investors (raised INR 900+ Cr of equity capital in 2018, INR 340 Cr in 2023 and INR 1265 Cr in 2024) and aims to capture 1% market share over the next three years. For more information, please visit: http://www.ugrocapital.com/.

Looking ahead, U GRO Capital remains steadfast in its dedication to leverage technology, data-driven insights, and

industry expertise to provide innovative ­financial solutions that meet the evolving needs of MSMEs.For more information, please visit: http://www.ugrocapital.com/

About Dun & Bradstreet India

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. For more information on Dun & Bradstreet, please visit www.dnb.com.

Dun & Bradstreet Information Services India Private Limited is headquartered in Mumbai and provides clients with data-driven products and technology-driven platforms to help them take faster and more accurate decisions across finance, risk, compliance, information technology and marketing. Working towards Government of India’s vision of creating an Atmanirbhar Bharat (Self-Reliant India) by supporting the Make in India initiative, Dun & Bradstreet India has a special focus on helping entrepreneurs enhance their visibility, increase their credibility, expand access to global markets, and identify potential customers & suppliers, while managing risk and opportunity.

India is also the home to Dun & Bradstreet Technology & Corporate Services LLP, which is the Global Capabilities Center (GCC) of Dun & Bradstreet supporting global technology delivery using cutting-edge technology. Located at Hyderabad, the GCC has a highly skilled workforce of over 500 employees, and focuses on enhanced productivity, economies of scale, consistent delivery processes and lower operating expenses.

Visit www.dnb.co.in for more information. Click here for all Dun & Bradstreet India press releases.

Logo: https://mma.prnewswire.com/media/2314099/5250790/DB_Logo.jpg

View original content:https://www.prnewswire.com/in/news-releases/64-of-msmes-resume-post-pandemic-54-report-10-yoy-growth-says-the-third-edition-of-msme-sampark-report-by-ugro-capital-and-dun–bradstreet-302426349.html

Sungrow’s GRES was an insightful opportunity for leading experts across the globe to exchange thoughts on pivotal topics toward a sustainable future.The event covered a broad range of topics, relevant to technological innovation, market trends, and safety in renewable energy.

HEFEI, China, April 11, 2025 /PRNewswire/ — Reaffirming its commitment to supporting global partners and driving the transition to a sustainable future, Sungrow successfully hosted the Global Renewable Energy Summit (GRES) 2025 on April 7–9. Under the theme “Innovation that Inspires Sustainability”, the summit welcomed global experts, partners, and stakeholders to explore cutting-edge developments shaping the renewable energy industry.

Driving Innovation: New Products and Technologies Unveiled

“Innovation is our DNA. It drives our breakthroughs, inspires our solutions, and defines our future,” said Jack Gu, Vice Chairman of Sungrow. At the summit, Sungrow launched its latest innovations in solar and storage sectors, along with an industry-leading white paper on grid-forming technologies.

A highlight was the 1+X 2.0 Modular Inverter, tailored for utility-scale applications. The inverter provides increased modularity compared to the previous version, with a more scalable block design from 800kW to 9.6MW. It enables stable operation without derating at temperatures up to 50 degrees Celsius and boasts AI-driven fault detection and advanced grid-forming capabilities, The inverter meets high demands for superior performance, maximum availability, and enhanced reliability.

Also introduced was PowerStack 255CS, a liquid-cooled energy storage system for commercial & industrial (C&I) markets. Equipped with advanced 314Ah battery cells, it offers flexible power capacities—257kWh (2-hour system) or 514kWh (4-hour system)—along with over 90% round-trip efficiency and a 20-year design life. Fully integrated with PCS, EMS, and BMS, and certified under stringent global safety standards such as UL9540 and NFPA855, the system ensures seamless operation across a wide range of scenarios: including C&I standalone ESS, PV plus ESS, EV chargers plus ESS, and microgrids.

Sungrow also unveiled its Stem Cell Grid-Forming Tech 2.0 White Paper, a milestone in ensuring grid security and reliability from a systematic perspective. As power grids evolve, this groundbreaking technology positions Sungrow at the forefront of a more resilient and sustainable energy infrastructure.

Energy Transition: Progress and Gaps

The global transition from fossil fuels to renewables is accelerating, driven by the urgency to mitigate climate change and achieve net-zero emissions. “Global clean energy equipment trade keeps rising,” said Dr. Ali Izadi, Head of APAC Research at BloombergNEF.

Renewables accounted for over 90% of global power additions last year, with 585GW of new capacity. Yet the pace is still insufficient to meet the COP28 goal of tripling global renewable power capacity to over 11 TW by 2030. Tarig Ahmed, Regional Programme Officer of MENA region, International Renewable Energy Agency (IRENA), voiced this concern, urging collective action to close the gap.

Breakthroughs in PV and Energy Storage

Technological innovation is essential to drive deep decarbonization. Professor Kashem Muttaqi from the University of Wollongong pointed out that innovative sustainable energy technologies for future electricity grids are essential, including grid-forming technology, smart power devices, development trends of inverter and energy storage systems, and flexible application scenarios.

Key sessions covered a range of energy storage topics, including Sungrow’s advancements in grid-forming technology which is Sungrow’s answer to the future power grid, and the impressive PowerTitan 2.0 large-scale burn test, showcasing the latest developments on the BESS safety. 

The summit spotlighted successful ESS case studies, including the Bramley 331MWh ESS project by BW ESS and the Saudi Arabia 7.8GWh ESS project by AlGihaz Holding. The Bramley ESS project achieved commercial operations from grid energization in two weeks, while the 7.8GWh ESS project set records with production-to-deployment in two months – redefining speed in grid-scale energy storage applications.

The Net Zero Scenario requires multiple technologies to succeed. Professor Pavol Bauer from Delft University of Technology emphasized the role of multi-technology integration—source-grid-load-storage energy hubs—in shaping a more flexible and resilient energy system. Experts also discussed the future potential of virtual power plants (VPPs), EV charging, and green hydrogen as part of a connected, low-carbon ecosystem.

Distributed Energy Solutions on the Rise

As the demand for clean, decentralized energy grows, distributed generation systems—typically installed close to the point of use—are gaining momentum worldwide. These systems provide efficient, localized energy solutions that contribute to grid flexibility and energy independence.

Sungrow remains at the forefront of this transformation. Its distributed energy solutions already serve over 4 million residential, commercial, and industrial users worldwide. At the summit, Sungrow demonstrated its comprehensive strengths across product innovation, marketing strategy, and service excellence. With a robust and continuously expanding product portfolio, the company is committed to enhancing efficiency, safety, and reliability. At the same time, Sungrow supports its partners with global marketing resources and expertise, as well as a responsive service network, ensuring long-term growth and mutual success.

Distributors attending the summit also shared valuable perspectives on navigating the evolving distributed energy landscape, highlighting the importance of continued collaboration.

Another milestone at the summit was the official launch of the Sungrow Foundation, an initiative dedicated to promoting ecological sustainability through professional expertise. With the mission of “Gathering goodwill for a better world”, the Foundation will focus on four key areas: ecological environment improvement, community development, popular science & education support, as well as emergency response & disaster prevention.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world’s most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/gres-2025-sungrow-unites-experts-on-how-innovation-is-powering-a-sustainable-future-302426366.html

SOURCE Sungrow Power Supply Co., Ltd.