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Time of India
a day ago
- Automotive
- Time of India
Software-defined vehicles set to reshape auto industry: Report
Software-Defined Vehicles ( SDVs ) are rapidly transforming the automotive industry by shifting intelligence from hardware to software, a report said on Friday. The study highlights how this evolution is enabling greater automation, personalisation, and innovation in vehicle design and performance, market intelligence firm 1Lattice said in its report. Unlike traditional vehicles built around fixed hardware systems, SDVs operate on modular, programmable platforms. This allows manufacturers to remotely add new features, upgrade existing capabilities, and reduce reliance on physical recalls, all through over-the-air (OTA) software updates, the report stated. According to 1Lattice, the SDV transformation is being powered by innovations such as cloud connectivity, edge computing, and real-time data analytics. These technologies are enabling dynamic user experiences, predictive maintenance, and greater operational efficiency. With embedded operating systems and advanced driver assistance systems (ADAS), vehicles are now capable of self-optimising based on user behaviour, road conditions, and emerging technologies, the report highlighted. The study also charts the progression of automotive technology, from basic functional models to fully adaptive, software-led platforms integrated with 5G and intelligent automation. According to 1Lattice, SDVs redefine the future of mobility, providing strategic insights for automakers, tech providers, and investors looking to navigate this new era of connected, intelligent transportation .


Time of India
22-07-2025
- Business
- Time of India
Retail participation in mutual funds surge from 26% in FY19 to 28% in FY25: 1Lattice Report
The retail participation in mutual funds increased from 26% in FY19 to 28% in FY25 and HNI participation also grew from 32% to 35%, showing rising trust across segments, according to a report from 1Lattice, a market intelligence firm. The report further highlights that India's mutual fund AUM hit Rs 65 trillion in FY25, growing at a 24% CAGR from FY20–FY25. The number of mutual fund folios jumped to 234 million, indicating widening retail participation. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Design Thinking Operations Management MBA Product Management Healthcare Data Science Artificial Intelligence Technology Project Management PGDM Public Policy MCA others Finance Digital Marketing CXO Leadership Degree Cybersecurity Data Analytics Management Others healthcare Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Also Read | The Wealth Company Mutual Fund files 4 draft documents with Sebi Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Man Intervenes as Child Jumps on Seats – Watch the Outcome Tips and Tricks Undo SIP contributions soared from Rs 0.4T in FY17 to Rs 2.9T in FY25, a 28% CAGR. Around 42% of 30 lakh new SIPs in Nov'23 were enabled by fintech platforms . Between Apr–Aug '24, Tier-2 & Tier-3 cities added 1.2 crore new mutual fund investor accounts, with 54% of all SIP accounts now coming from B-30 cities. Investing platforms like Groww, Paytm Money, ET Money revolutionized mutual fund access with Rs 500 SIPs, digital onboarding, and mobile-first investing. Adoption of robo-advisors is also streamlining portfolio curation and making investment advice affordable and accessible, the report said Live Events The equity-oriented AUM grew at a 28.7% CAGR (FY22–FY25), driven by bullish trends in small and midcap funds as these categories have delivered strong returns in FY25, encouraging investors to shift to equity-based investments. On the other hand, debt-oriented funds rebounded in FY25 with AUM reaching Rs 17T, showing stable investment preference. Despite equity dominance, debt MFs hold their ground, offering stability and predictable returns in uncertain rate environments Hybrid funds provide equity's growth potential with debt's stability, helping investors mitigate risks. Even in flat markets, balanced advantage funds have maintained stable returns of 8-10% annually. Also Read | 14 equity mutual funds lost over 5% in 9 months. Have you parked your savings in any of them? AMCs such as SBI MF, ICICI Prudential MF, HDFC MF, and Nippon MF together account for nearly 50% of the total AAuM in FY25. 'We have momentum on our side. Our product launches have been timely. Over the years, we've expanded our reach to newer corners of the country and bolstered our SIP book. Leveraging the parent SBI's network, along with collaborations with other distributors, has been instrumental in our growth,' said Joint CEO, SBI Mutual Fund.


Hans India
17-07-2025
- Business
- Hans India
India's agri-tech sector to reach 600 million dollar by CY29: Report
New Delhi: India's agri-tech sector is on track to reach 600 million dollars in investments by calendar year 2029, a new report said on Thursday. The data compiled by 1Lattice shows that the sector is expected to grow at a steady annual rate of around 6 per cent -- reflecting renewed investor interest and long-term confidence in agricultural innovation. After a brief slowdown in funding post-2022, the sector is showing signs of strong recovery. Agri-tech has evolved significantly in recent years, with a major spike in entrepreneurship during the pandemic. In 2020 alone, 572 new agri-tech startups were launched as the agriculture sector began turning to digital-first solutions to tackle disruptions. Funding rounds increased from just 53 in 2019 to a peak of 101 in 2022. While the number of deals has now stabilised at around 60 to 70 per year, the focus has shifted. Investors are now looking for business models that are not only innovative but also scalable and ready for execution, rather than backing early-stage experiments. Several factors are fueling this growth. Impact investors, who focus on sustainability, are becoming more active. Digital tools like Agristack and the electronic National Agriculture Market (eNAM) are improving transparency and efficiency across the supply chain. There is also growing demand for Indian crops, both at home and overseas. Technology is playing a big role in this transformation. From AI-powered data tools to smart irrigation systems, innovation is helping farmers use resources better, increase productivity, and deal with climate-related challenges. The study suggests that as capital continues to flow into the sector and digital infrastructure strengthens, agri-tech will become a key part of India's journey toward more sustainable and modern agriculture. Meanwhile, earlier this year, Union Minister of State (Independent Charge) for Science and Technology Jitendra Singh said that the startups in agriculture are intelligently blending traditional organic farming practices with technology to drive livelihood opportunities in rural areas. Addressing the "Natural and Organic Farmers Summit 2025" in April this year, the Minister lauded the efforts of grassroots innovators and farmer-entrepreneurs who are embracing science to scale up agriculture, enhance productivity, and ensure sustainable incomes.


Hans India
11-05-2025
- Health
- Hans India
India's radiology sector booms with AI and remote monitoring advancements
India is witnessing a sharp surge in the adoption of diagnostic radiology devices, with cutting-edge technologies like AI and remote monitoring reshaping the landscape of medical imaging, according to a recent report by tech-enabled market intelligence firm 1Lattice. The report highlights that the country has registered over 1.48 lakh radiology devices, with Maharashtra (20,590), Tamil Nadu (15,267), and Uttar Pradesh (12,236) leading in equipment deployment. This surge reflects India's growing focus on digitisation and modernisation of healthcare services, even extending to semi-urban and rural regions. 'Radiology is evolving from being a hospital-based specialty to a cornerstone of primary and preventive care,' said Sanjay Sachdeva, Director of Healthcare and Lifesciences at 1Lattice. 'The convergence of AI, portability, and remote monitoring is unlocking access, improving accuracy, and reshaping the delivery of diagnostics across India's healthcare system,' he added. AI-powered Remote Patient Monitoring (RPM) tools are now playing a pivotal role in enhancing diagnostic efficiency. These tools enable real-time health tracking and reduce the dependency on in-person visits, improving patient convenience and expanding healthcare reach. India's radiology equipment market is set to grow robustly, projected to increase from $7.1 billion in FY2025 to $13.5 billion by FY2030 — a compound annual growth rate (CAGR) of 10 per cent. This outpaces the global radiology market, which is expected to grow from $34 billion in 2025 to $43 billion by 2030 at a 5 per cent CAGR. Key growth drivers include advancements in digital radiography and ultrasound, rising incidences of chronic diseases such as cancer and cardiovascular conditions, and government initiatives like Ayushman Bharat and the National Digital Health Mission (NDHM). However, challenges remain. High costs of advanced equipment, disparities in access between urban and rural regions, and concerns over radiation exposure continue to pose hurdles. Despite these, radiology is poised to become a cornerstone of India's tech-driven, decentralised healthcare future, delivering timely and accurate diagnoses across the population.


Hans India
09-05-2025
- Health
- Hans India
AI-led innovation driving growth in India's radiology sector: Report
India is witnessing a significant uptick in the adoption of diagnostic radiology devices, with a major rise in accelerated adoption of AI-powered technologies and remote monitoring solutions, according to a report on Friday. The report by 1Lattice, a tech-enabled market intelligence firm, also attributed the growth to rising disease burden, increased investment in healthcare infrastructure. It revealed that India has registered 1.48 lakh radiology devices, with Maharashtra (20,590), Tamil Nadu (15,267), and Uttar Pradesh (12,236) leading the charge. These figures reflect a broader trend toward modernisation and digitisation of diagnostic services, even beyond urban centres. 'Radiology is evolving from being a hospital-based specialty to a cornerstone of primary and preventive care. The convergence of AI, portability, and remote monitoring is unlocking access, improving accuracy, and reshaping the delivery of diagnostics across India's healthcare system,' said Sanjay Sachdeva, Director - Healthcare and Lifesciences, 1Lattice. Radiology's impact is further enhanced by AI-powered Remote Patient Monitoring (RPM), enabling real-time tracking and reducing the need for frequent in-person visits through remote health monitoring. Globally, the radiology equipment market is poised for strong growth. The global market is projected to rise from $34 billion in 2025 to $43 billion by 2030, reflecting a 5 per cent CAGR. On the other hand, the Indian radiology equipment market is poised to grow from $7.1 billion in FY2025 to $13.5 billion by FY2030, outpacing global growth with a 10 per cent CAGR, the report said. The growth drivers include technological advancements in digital radiography and ultrasound; a rise in chronic diseases such as cancer and cardiovascular conditions; government schemes like Ayushman Bharat and the National Digital Health Mission (NDHM). As healthcare delivery in India becomes more decentralised and tech-driven, radiology will be central to driving outcomes through timely and accurate diagnosis. However, the sector still faces challenges, including the high cost of advanced equipment, uneven access between urban and rural areas, and ongoing concerns around radiation exposure, the report said.