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Saarathi Finance opens its 100th Branch

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100th branch inaugurated in Jagtial, Telangana

MUMBAI, India, Aug. 10, 2026 /PRNewswire/ — Saarathi Finance, an MSME-focused NBFC, recently announced the opening of its landmark 100th branch in Jagtial, Telangana. The new branch will strengthen the company’s presence across northern Telangana and enhance access to timely, customer-centric financial solutions for MSMEs, entrepreneurs, and small business owners in the region.

Having commenced operations in April 2025, Saarathi Finance has opened the 100-branch On 3rd August 2026, underscoring its rapid growth and commitment to expanding financial inclusion. The MSME-focused NBFC provides Loan Against Property (LAP) solutions with ticket sizes ranging from Rs. 5 lakh to Rs. 35 lakh, helping small businesses and entrepreneurs unlock the value of their assets to fuel growth, enhance working capital, and achieve their business aspirations.

Jagtial which is 190 km north of Hyderabad, is both an agricultural and commercial center with a flourishing MSME presence. Saarathi has opened 20 branches across Telangana in the last one year and has spread its footfall in all parts of the state.

Saarathi Finance has already crossed an Assets Under Management (AUM) of Rs. 650 crore, reflecting the strong trust reposed by its customers and the company’s robust growth trajectory. The company is rapidly expanding its operations across Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Uttar Pradesh and Rajasthan with plans to further strengthen its presence in high-potential MSME markets across India. Through its expanding branch network and customer-centric approach, Saarathi Finance aims to improve access to formal credit and empower entrepreneurs and small businesses nationwide.

Commenting on the opening of the company’s 100th branch, Mr. Vivek Bansal, Founder and CEO, said, “Reaching the 100-branch milestone and crossing an AUM of Rs. 650 crore reflects the strength of our business model and execution. As we continue to expand, our focus will remain on sustainable growth, prudent risk management, and building a technology-driven lending franchise that creates long-term value for all our stakeholders.”

Shashi Shekhar Vempati, Independent Director, Saarathi Finance, added, “The opening of Saarathi Finance’s 100th branch in just over year, is a testament to the company’s vision of combining technology, strong governance and customer-centricity to drive financial inclusion. As India continues its digital transformation, institutions that responsibly expand access to credit for MSMEs will play a pivotal role in enabling entrepreneurship, fostering innovation and contributing to sustainable economic growth.”

Commenting on the occasion Mr. Gopal Srinivasan, Chairman & Managing Director of TVS Capital, said, “A hundred branches in just over a year — this is a testament to Saarathi’s leadership and team. Pace and discipline at this scale rarely go together — Saarathi has managed both. At a company just over a year old, it speaks directly to the calibre of the people driving it. At TVS Capital, we back founders who build with ambition and rigour — and Saarathi has shown exactly that combination from the very start. We are proud to be partners on this journey and wish the entire team continued success.”

About Saarathi Finance:

Saarathi Finance & Credit Pvt Ltd. is an NBFC focused on providing accessible and tailored credit solutions to MSMEs across semi-urban and rural India. With a mission to bridge the ₹44 lakh crores credit gap in the MSME sector, Saarathi combines technological innovation with a deep understanding of local markets to offer loans that meet the unique needs of small business owners. The company operates with the guiding principle: “Aap Akele Nahi Hai”- You are not alone.

 

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GOFO White Paper Highlights Structural Shift in U.S. Last-Mile Delivery

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The white paper examines changing carrier dynamics, fragmented e-commerce demand and strategies for shippers navigating an evolving parcel market.

LOS ANGELES, Nov. 9, 2026 /PRNewswire/ — GOFO, a technology-driven global last-mile delivery carrier, highlights a structural shift in the U.S. parcel market in its industry white paper, How Fragmenting E-Commerce Is Rebuilding the U.S. Last Mile, first introduced at PARCEL Forum 2026 in September. Drawing on third-party market research, industry data and customer case studies, the report examines how changing strategies among established carriers and increasingly fragmented e-commerce demand are creating room for a broader range of delivery networks and reshaping carrier selection for shippers.

A Changing U.S. Parcel Market

According to ShipMatrix data cited in the white paper, U.S. domestic parcel volume reached 23.9 billion packages in 2025, an increase of 0.4% year over year (ShipMatrix, 2026). Amazon Logistics surpassed USPS as the nation’s largest domestic parcel carrier by volume, delivering 6.7 billion packages, up 9.9%, compared with USPS’s 6.6 billion (ShipMatrix, 2026).

Amazon’s expansion represents a significant development in a market historically dominated by UPS, FedEx and USPS. Meanwhile, UPS has been reducing lower-value Amazon volume, FedEx is emphasizing higher-value shipment segments, and USPS continues competing for lightweight e-commerce deliveries while adjusting its pricing and service mix.

On the demand side, e-commerce is becoming increasingly fragmented. According to eMarketer estimates cited in the report, Amazon accounted for approximately 40.5% of U.S. retail e-commerce sales in 2025, with the remaining 59.5% distributed across other marketplaces, retailer websites and direct-to-consumer channels (eMarketer, 2025). This diversification is creating more varied shipment patterns, fulfillment arrangements and delivery requirements.

The Rise of Alternative Carriers

As traditional carrier strategies and e-commerce demand evolve, alternative delivery networks are expanding their presence in the U.S. parcel market. ShipMatrix’s “Other Carriers” category, which includes retailers’ own delivery networks and independent regional carriers, reached approximately 2.5 billion packages in 2025, with reported growth of 13% (ShipMatrix, 2026).

The white paper identifies a range of emerging operating models, including cross-border specialists, technology-enabled urban delivery platforms and super-regional networks. Rather than following a single standardized approach, these carriers serve different geographic markets, shipment profiles and fulfillment needs.

This evolving landscape is giving shippers a broader range of delivery options. The report recommends evaluating carriers based on total transportation costs, geographic coverage, service reliability and technology integration, while maintaining diversified carrier relationships to reduce dependence on individual networks.

Customer Case Studies Highlight the Importance of Carrier Readiness

Drawing on GOFO’s experience with Dr. Squatch and ShipMonk, the white paper illustrates how alternative carriers can support shippers when existing delivery arrangements are disrupted.

According to the case studies, Dr. Squatch expanded its relationship with GOFO from a monitored pilot to a core carrier arrangement after an existing provider became unavailable at short notice. During the transition, the average calendar transit time improved from 3.75 to 3.15 days.

ShipMonk faced an unplanned carrier transition within its Economy delivery tier. GOFO became operational within ShipMonk’s Virtual Carrier Network in 10 days and completed onboarding across its network nodes within 35 days. Over a comparable off-peak period, average transit time improved from 2.56 to 2.10 business days.

Both cases illustrate how advance carrier integration and diversified delivery options can support service continuity during unexpected disruptions.

Looking Ahead

The white paper concludes that U.S. last-mile delivery is undergoing a long-term structural realignment rather than a temporary market cycle. As delivery networks diversify, operational flexibility, real-time shipment visibility and technology integration are expected to become increasingly important in carrier evaluation.

For shippers, adapting to this environment will require delivery strategies that balance cost, coverage, reliability and flexibility across different fulfillment models.

The full white paper, How Fragmenting E-Commerce Is Rebuilding the U.S. Last Mile, provides additional market analysis, customer case studies and a detailed carrier evaluation framework. It is available on GOFO’s website.

About GOFO

GOFO is a technology-driven global last-mile delivery carrier founded in Los Angeles in August 2023. Guided by the brand philosophy “Drive Efficiency, Deliver Trust”, GOFO combines advanced technology with localized operations to provide reliable and scalable delivery solutions. GOFO’s network spans 47 U.S. states, supported by more than 300 hubs and stations. In Canada, GOFO has established a delivery network anchored by two primary hubs in Vancouver and Toronto, with service coverage across five provinces. Supported by an integrated North American network, automated sortation, intelligent routing, and disciplined operations, GOFO provides GOFO Parcel for standard parcel delivery and GOFO Ground for heavyweight, oversized, and complex shipments, delivering efficient, reliable, and scalable last-mile solutions across diverse markets. More information is available at gofo.com.

Media Contact:

Cindy L.
Public Relations, GOFO
public.relations@gofo.com
LinkedIn

 

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SOURCE GOFO

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A.I.Matics’ AIM-T1 Named CES Innovation Awards® 2027 Honoree in Two Categories

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AI vision inspection platform recognized in Artificial Intelligence and Construction & Industrial Tech

SEOUL, South Korea, Nov. 9, 2026 /PRNewswire/ — A.I.Matics’ AIM-T1, an AI vision inspection platform that helps electronics manufacturers identify defects and adapt inspections to new products, has been named a CES 2027 Innovation Awards Honoree in two categories: Artificial Intelligence and Construction & Industrial Tech.

AIM-T1 is designed for quality, process and manufacturing engineers working with products such as camera modules, semiconductor packages and printed circuit board assemblies. It addresses a recurring challenge in electronics production: maintaining consistent inspection as product designs and manufacturing requirements change.

Introducing a new product can require manufacturers to collect defect images, revise inspection criteria and adjust imaging equipment. These tasks can place additional demands on experienced inspectors and AI engineers, particularly in facilities with frequent product changeovers.

AIM-T1 combines modular imaging hardware with software-defined inspection to help teams adapt their inspection workflows on a common platform. The system uses reference samples of acceptable products to establish inspection criteria and identify deviations that may indicate defects.

The platform incorporates world model technology and in-context learning. Its optical system combines liquid lens technology with electronic focus stacking to capture images at multiple focal planes without mechanical Z-axis movement. Camera resolution, lens magnification, lighting and inspection configurations can be adjusted to suit different applications.

Operators can use a dedicated software interface to configure inspection criteria, review results and refine inspection models. The platform is designed to reduce reliance on specialized expertise for each product changeover by making inspection knowledge easier to reuse.

For electronics manufacturers reshoring production or adding regional capacity, transferring inspection expertise is an important part of bringing new facilities online. AIM-T1 is designed to make inspection workflows easier to reuse across products and production lines, helping quality and manufacturing teams establish inspection processes at new locations.

Organized by the Consumer Technology Association (CTA), the CES Innovation Awards program recognizes outstanding design and engineering in consumer technology products. CES 2027 will take place Jan. 6–9 in Las Vegas.

A.I.Matics plans to showcase AIM-T1 at CES 2027 and meet with manufacturers, automation equipment integrators and potential distribution partners. Booth and meeting details will be announced once confirmed.

For product information, visit https://vision.aimatics.ai/. 

* The CES Innovation Awards are based upon descriptive materials submitted to the judges. CTA did not verify the accuracy of any submission or of any claims made and did not test the item to which the award was given.

About A.I.Matics

A.I.Matics is a South Korean Vision AI company and a subsidiary of Dreamtech. Established as an in-house venture at Hyundai Motor Company in 2000 and incorporated in 2003, the company built its expertise in automotive vision recognition by supplying lane departure warning systems to automakers. Today, it develops industry-specific AI solutions for transportation, logistics and manufacturing.

The company combines its proprietary AI engine, aimNet, with imaging technology and application software to help businesses identify risks, detect anomalies and make operational decisions. Its portfolio includes AI-powered driver safety cameras, the aid fleet management platform and AIM-T1, a software-defined AI vision inspection platform for advanced electronics manufacturing. The company also develops intelligent process and operations management solutions and AI chatbots for logistics call centers.

For more information, visit https://www.aimatics.ai/en.

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SOURCE A.I.Matics

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The 19th Europe-China Business and Technology Cooperation Fair boosts business cooperation

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BEIJING, Nov. 10, 2026 /PRNewswire/ — This is a report from China.org.cn:

The 19th Europe-China Business and Technology Cooperation Fair was held in Chengdu, Sichuan province, from Oct. 21 to 23, bringing together businesses and institutions from China and Europe to explore opportunities in trade, investment, and technological innovation.

Co-organized by the China Chamber of International Commerce and the European Union Chamber of Commerce in China, the fair featured the theme “Dialogue and Cooperation for Shared Benefits and Prosperity.”

This year’s fair attracted more than 1,800 participants from over 30 countries, representing 869 enterprises and institutions. Delegations from Portugal, Switzerland, France, the United Kingdom, Spain, and other countries attended, alongside multinational companies including CMA CGM, Saint-Gobain, ABB, AstraZeneca, Bayer, and Siemens.

For the first time, the fair introduced an intelligent matchmaking system, complemented by manual coordination, to improve connections between businesses. A total of 174 Chinese and foreign companies held 365 one-on-one matchmaking meetings, generating more than 160 cooperation intentions and helping turn business discussions into potential projects.

The fair focused on sectors including new energy and environmental protection, biomedicine, agri-food, intelligent robotics, cutting-edge technologies, vocational education, and commercial legal services. Investment and trade promotion events were also held by Hainan, Tianjin, Taicang in Jiangsu province, and other regions to connect with European partners. Participants also visited industrial parks and enterprises to explore opportunities and facilitate project development.

The event also saw progress in regional and international partnerships. Loja, Spain, and Pengzhou, Sichuan province, signed a letter of intent to establish a friendly cooperative relationship. More than 20 Portuguese enterprises and institutions attended the fair, while Portugal’s secretary of state for agriculture delivered remarks at a sub-event. The United Kingdom, the fair’s country of honor, was also involved in organizing a China-Europe exchange on cross-border cooperation in biomedicine.

As global economic recovery remains uneven, the fair continues to provide a platform for China-Europe dialogue and business exchanges, fostering cooperation in technology, market access, and investment.

The 19th Europe-China Business and Technology Cooperation Fair boosts business cooperation

http://www.china.org.cn/2026-11/06/content_118764228.shtml

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