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Seemant Shukla Appointed as CEO of Quantum AMC

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MUMBAI, India, April 3, 2025 /PRNewswire/ — The Board of Directors of Quantum Asset Management Company Private Ltd. (Quantum AMC) have approved the appointment of Seemant Shukla as the Chief Executive Officer (CEO) of Quantum AMC effective April 1, 2025.  

Quantum AMC is a 100% subsidiary of the Sponsor, Quantum Advisors which, collectively, has an AUM of INR 21,281 crores as of March 31, 2025.

Seemant’s appointment as CEO of Quantum AMC will kickstart awareness and growth of Quantum AMC’s pioneering and unique approach to guiding investors for long-term returns with a suite of 14 mutual funds within a simple asset allocation framework.

Seemant is a BFSI veteran with over 24 years of diverse experience in banking, wealth, asset management and insurance with a strong track record in sales, business development, product, marketing, and P&L management. Prior to joining Quantum AMC, Seemant has worked with ICICI Group, Reliance General, Dhanlaxmi Bank, JM Financial and Edelweiss Financial Group.

Welcoming Seemant to the Quantum family, Ajit Dayal, Founder, Quantum Advisors, said, “True leadership in investing isn’t measured by short-term gains, but by the trust we build over time. Quantum AMC has always stood for integrity, discipline, and putting investors first—values that remain non-negotiable, no matter how the industry evolves. Seemant brings the clarity, conviction, and proven leadership needed to uphold these principles while driving Quantum AMC’s future. All of us at Quantum wish Seemant much success as he strengthens our legacy of Integrity and Competence at a time when millions of investors – scarred by the recent market decline and poor investment decisions – are looking to invest their savings in a suite of simple and sensible mutual funds to achieve their defined financial objectives.”

I V Subramaniam, MD, Quantum Advisors, said, “Seemant’s appointment comes at a defining moment for the mutual fund industry, as we witness a growing shift towards disciplined, long-term investing. With his deep industry expertise, strategic mindset, and digital-first approach, he is well-positioned to steer Quantum AMC towards greater operational agility and investor-centric innovation. His leadership will be instrumental in further strengthening our commitment to integrity, transparency, and investor-first principles.”

Expressing his enthusiasm, Seemant Shukla, newly appointed CEO of Quantum AMC, said, “Quantum has built a distinct reputation in the financial services industry with its value-driven approach, placing investor interests at the forefront through simplicity and transparency. I am excited to lead a team that truly embodies these principles, shaping a well-rounded, multi-channel, and investor-centric asset management company. With transparency and straightforward solutions at its core, Quantum is committed to empowering investors to achieve their financial goals and aspirations.”

About Quantum AMC

Quantum Mutual Fund was established in 2006 with the launch of its first fund. Quantum Mutual Fund nurtures a partnership culture with investors, business partners, and employees to spread the goodness of investing.

Quantum Mutual Fund is committed to providing simple Investment Solutions with simplicity, transparency, and integrity.

Investment options to convert savings to wealthSimple products that are easy to understandDependable standards of serviceSensible, risk-adjusted returns over the long term through a disciplined research and investment process

We now offer 14 simple and easy-to-understand products for achieving different financial goals. Our tried and tested research-oriented process gives a channel to receive risk-adjusted returns that outperform the market in the long term. Quantum’s continued relevance is a product of its reputation as trailblazer in the realm of mutual fund investing. With a solid track record and a commitment of providing progressive investment strategies.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. 

Media Contact: 
Deepali Chavan 
deepalic@quantumamc.com 

 

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Waystar to Announce First Quarter 2025 Financial Results on April 30, 2025

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LEHI, Utah and LOUISVILLE, Ky., April 7, 2025 /PRNewswire/ — Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial results for the first quarter ended March 31, 2025, after market close on Wednesday, April 30, 2025. The company will discuss its financial results on a conference call at 4:30 p.m. Eastern Time that same day.

A live audio webcast of the conference call will be available on Waystar’s investor relations website at https://investors.waystar.com/news-events/events. The webcast will be archived on the site for those unable to listen in real time.

About Waystar
Waystar’s mission-critical software is purpose-built to simplify healthcare payments so providers can prioritize patient care and optimize their financial performance. Waystar serves approximately 30,000 clients, representing over 1 million distinct providers, including 16 of 20 institutions on the U.S. News Best Hospitals Honor Roll. Waystar’s enterprise-grade platform annually processes over 6 billion healthcare payment transactions, including over $1.8 trillion in annual gross claims and spanning approximately 50% of U.S. patients. Waystar strives to transform healthcare payments so providers can focus on what matters most: their patients and communities. Discover the way forward at waystar.com.

Media Contact
Kristin Lee
kristin.lee@waystar.com

Investor Contact
Sandy Draper
investors@waystar.com
502-238-9511

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SOURCE Waystar

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CONVO GPT’s AI Employee “Sara” Delivers Breakthrough Results: Early Adopters Report 300% Increase in Sales Productivity

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GREENVILLE, S.C., April 7, 2025 /PRNewswire/ — Following the successful launch of its revolutionary AI employee “Sara” earlier this month, CONVO GPT reveals impressive performance metrics from early adopters across multiple industries, validating the game-changing potential of its conversational AI technology.

CONVO GPT’s AI Employee “Sara” Delivers Breakthrough Results: Early Adopters Report 300% Increase in Sales Productivity

Real-World Impact: Case Studies Demonstrate Clear ROI

Within just weeks of implementation, companies utilizing CONVO GPT’s AI platform are reporting substantial efficiency improvements:

A mid-sized staffing firm increased candidate placements by 215% without adding recruiters

A mid-sized B2B lending company generated 5.7x more leads while reducing SDR costs by 50%

A SaaS company decreased lead response time from hours to seconds, boosting conversion rates by 172%

“We’re seeing validation across every metric that matters to our clients,” notes Jeremy David, Founder & CEO of CONVO GPT. “Sara doesn’t just replicate human capabilities – in many cases, she’s outperforming entire teams through 24/7 availability, perfect consistency, and instant scalability.”

New Partner Ecosystem Expands Integration Possibilities

CONVO GPT also announces the launch of its partner ecosystem, expanding Sara’s connectivity across popular business platforms:

Key Integration Options:

ChatGPT Integration:Functionality: Automate lead qualification and customer support by integrating Sara with ChatGPT such as pre-qualifying leads before booking appointments.

Implementation: Use Zapier over 7000 integrations to connect workflows with ChatGPT, enabling automated conversational sequences.Custom Chatbots:Functionality: Develop tailored chatbots that interact with customers, gather information, and trigger actions within Sara

Implementation: Utilize Zapier to link Sara with chatbot platforms, facilitating seamless data exchange and workflow automation.Third-Party Services:Functionality: Leverage services that specialize in integrating Sara with AI tools, offering customized solutions for chatbot development and automation.

Implementation: Engage professionals who can set up and optimize these integrations to suit your business needs.

Additionally, Sara now offers native integrations with leading business platforms:

Native connections with CRM systems including Salesforce, HubSpot, and Pipedrive

Direct ATS connections for major recruiting platforms like Bullhorn, JobDiva, and Greenhouse

Enhanced automation through specialized vertical solutions for healthcare, finance, and real estate

“What impressed us most is how seamlessly Sara integrated with our existing tech stack,” explains Maria Chen, COO of TechStaff Solutions, an early adopter. “Within days, we had a fully operational AI recruiter managing our entire candidate pipeline – sourcing, screening, scheduling interviews, and keeping both candidates and hiring managers informed at every step.”

Expanded Capabilities Announced

Building on strong initial feedback, CONVO GPT has fast-tracked several enhanced capabilities:

Enhanced Analytics Dashboard: Real-time performance metrics and ROI calculation

Custom Voice Integration: Option to deploy Sara as a voice agent for phone-based outreach

Compliance Framework: Industry-specific protocols for regulated sectors including finance, healthcare, and legal

Limited Availability Program Continues

Due to extraordinary demand, CONVO GPT is maintaining its controlled rollout approach, accepting new clients through an application process that ensures proper onboarding and success.

“We’re focused on quality over quantity at this stage,” says Jeremy David. “Each implementation receives white-glove support to ensure clients experience the full transformative potential of having Sara as their AI employee.”

Contact Information:

Jeremy David
Founder & CEO, CONVO GPT
Greenville, SC
www.convogpt.ai
+1 (864) 203-6204
press@convogpt.ai

About CONVO GPT

CONVO GPT, a division of JDC USA, delivers next-generation AI automation solutions that transform how businesses approach sales, marketing, and recruitment. Led by Jeremy David, a true mastermind and visionary in the automation and AI space, CONVO GPT helps companies eliminate manual processes, reduce overhead costs, and achieve sustainable growth through intelligent automation. David’s forward-thinking approach and deep expertise in conversational AI has positioned CONVO GPT at the forefront of the business automation revolution.

View original content to download multimedia:https://www.prnewswire.com/news-releases/convo-gpts-ai-employee-sara-delivers-breakthrough-results-early-adopters-report-300-increase-in-sales-productivity-302422360.html

SOURCE CONVO GPT

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Marvell to Sell Automotive Ethernet Business to Infineon for $2.5 Billion in Cash

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Delivers Compelling Financial Returns for Marvell Shareholders

SANTA CLARA, Calif., April 7, 2025 /PRNewswire/ — Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced that it has entered into a definitive agreement under which Infineon Technologies AG (“Infineon”) will acquire Marvell’s Automotive Ethernet business in an all-cash transaction valued at $2.5 billion. This business in fiscal 2026 is expected to generate revenue in the range of $225-250 million. The acquisition includes Marvell’s Brightlane® Automotive Ethernet portfolio and related assets. This transaction has been approved by Marvell’s Board of Directors, and is expected to close within calendar year 2025, subject to customary closing conditions and regulatory approvals.

“Marvell has transformed itself into a leading data infrastructure solutions provider, with the data center end market driving 75% of consolidated revenue in the fiscal fourth quarter of 2025,” said Matt Murphy, Chairman and CEO of Marvell. “We are immensely proud of the progress we have made in organically growing our Automotive Ethernet business. We believe this transaction delivers the strongest financial return for Marvell shareholders, given its compelling valuation. With Infineon’s optimized platform for automotive applications, we are confident the Automotive Ethernet business is well positioned for continued growth and success.”

Marvell plans to discuss the transaction on its upcoming conference call to review its first quarter of fiscal 2026 financial results, which is scheduled for Thursday, May 29, 2025, at 1:45 p.m. Pacific Time.

About Marvell

To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 25 years, we move, store, process and secure the world’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud, automotive, and carrier architectures transform—for the better.

Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others.

This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the “Risk Factors” section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information, contact:

Investors

Ashish Saran
Senior Vice President, Investor Relations
408-222-0777
ir@marvell.com

Media

pr@marvell.com

FGS Global
212-687-8080
Marvell@fgsglobal.com

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SOURCE Marvell

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