Category: Business

(An initiative of BiT MESRA – Kolkata Chapter)

May 6: We are all aware of the Indian Start-Up Ecosystem having a boom time with record levels of Fundings, Success Stories and the highest no of Unicorns ever. Indian Start Ups raised $8.4 bn in Q1, 2022, a 22% growth YOY and India ranks 4th globally with as many as 96 unicorns (startups with valuations of 1 billion $ or more) – only behind The US, China and UK.

As the Entrepreneurship Journey becomes the preferred option for many young

Entrepreneurs rather than a stop-gap or fall-back option, there is one Incubation/Acceleration Program – BiT by Bit which caught our attention and is worth mentioning. Although this program is only for BiTians, we are sure the Alumnus of other Premier Institutions will soon start something similar and the Start-Up ecosystem will get a great boost.

What is  BiT by BiT?

BIT is one of the premier Engineering Colleges in India and has one of the most prestigious & renowned Alumni spread across the world in different geographies and excelling in various domains. This is an attempt for aggregating the versatile talent pool of the BIT Alumnus and channelising the same to provide support to young BITians who are seriously considering Entrepreneurship as a preferred option. This is an opportunity to extend all required customised support to such BITians by providing them overall Mentorship, Technology Support, Market Connects, Access to Seed Funding and guiding them in the journey from Ideation Stage to Pre-Series A and beyond so that a commercially viable, technology-enabled, in long term a sustainable and exponentially scalable business venture is created. Hence it is an engagement of BIT by BIT.

Our Virtual Incubation & Acceleration

The engagement is Virtual and the interested BITians can contact the organizers at sanjay.sarda.assist@gmail.com and provide the required information as per a prescribed format. Based on the response, a customized program is developed for them and Mentors are assigned from the Alumnus Pool in the geography of their choice so that whenever required, a face to face interaction can be held at a mutually convenient place. An agreement is then entered and monthly/quarterly/six-monthly/ yearly milestones are mutually agreed upon and monitored.

All services are available on a pro bono basis and only when the venture achieves break-even stage, the entrepreneurs/founders need to share 5% revenue with a fund created for Angel Investing in BIT Startups.

Details entailed with every engagement

Every start-up involved with this program entails the following services and programs by default.

Mentoring by BiT Alumnus- Domain Champions in various fields based on the start-up requirements.

Structured Customised Incubator program.

Connections to Angel Investors, and VC Funds.

Market Outreach Initiatives.

Who can apply?

Start-Ups which fulfil the following criteria are eligible to apply:

BITians of any Batch, of any Branch in any location (Mesra/Pilani/Sindri/Goa/Dubai etc), can apply.

The Entrepreneurship Journey should be a preferred option and not a stop-gap or fallback option.

A Private Limited Company should be the legal entity.

The Founders must have developed a “Proof Of Concept”.

A team that has bootstrapped the venture so far is a must with at least two people on board: one Technical and the other from a Business Development background.

A clean Cap Structure is required in which Founders have 80% and more equity.

We care for you!

The organizers fully understand and appreciate that the Entrepreneurship Journey being undertaken is going to be a long, arduous and lonely one. There will be stretches in this journey in which the Start-Ups need help to stay positive and rebound from any temporary setbacks. The program also helps in creating a Positivity Zone through a unique YouTube Channel in which relevant content is musically presented to enhance positivity and instil the spirit of I-Can. Participants of the program can re-energize and reboot by their active participation in the Positivity Zone.

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May 6: A stairway to the skyline: Entrepreneurs & Startups now can share their brands story on StartupsDekho.com.

A visionary of sorts, StartupsDekho.com is a platform that promotes start-ups and entrepreneurs in media space by publishing stories of startups companies view, vision, journey, leadership and plans can be articulated through the site, building a brand presence and marketing channel.

StartupsDekho.com is featuring informative stories around everything that goes on in the startups ecosystem, including funding, trends, news, successes, and struggles.

StartupsDekho.com is a launching pad for new entrants. What’s more, you get equal attention and clout, irrespective of your industry, sector, or language. Once enlisted, entrepreneurs can avail themselves of resources to enrich their position in the competitive landscape.

What makes StartupsDekho.com stand out?

Getting started is no joke! There are several tribes and tribulations at play. Precise resources serve as a helping hand for startups to get their footing. The site is all about providing a platform to tell your startups stories and journey! StartupsDekho.com constantly interacts with Entrepreneurs, Founders, Visionaries Leaders, and problem solvers who are bringing change to society by their unique ideas and innovations.

The platform helps you get out there by featuring stories and brand journeys. Plus, it has a repository of interviews with the CEOs, Founders, and Co-Founders, and updates about Funding and Investment.

Who is the platform for?

A standout or unique selling proposition is that the website helps publish stories of all kinds of startups companies, be it Healthcare, AI, Technology, E-commerce, or Fashion. StartupsDekho.com has a simple agenda to promote vocal to the local and global vision of startups and entrepreneurs because this is the main pain point of startups to get attention and recognition

At the outset, companies are of two types: product-based and service-based. The team at StartupsDekho is fully aware of this fact and keeps in mind when offering their guidance.

StartupsDekho.com is ideal for kick starting your entrepreneurial journey by leveraging nothing but your startup story.

”In view the founder of the company Atul Khampariya, India is going to become a startup nation now the rise of startups in India have grown remarkably huge in numbers in last few years according to one survey India has become 3rd largest ecosystem in the worlds after the US and China it said ‘’

Indian Startups are achieving milestones day by day now India has reached 100 Unicorn Startups and hoping many more in the coming year.

It’s a clear sign of growth of India’s Economy & Startups Ecosystem.

Nowadays we have witnessed that There is no age of starting business or a startups we have seen that entrepreneurs from the age of 18 to 50 years are starting their new venture and get recognised and awarded for their achievement & contribution like 30 Under 30 , 40 Under 40, 35 under 35 and 50 under 50, Startups Founders and business leaders are being recognised by various reputed media house for their leadership & achievement.

SartupsDekho.com has been launched by Media Dekho Services Private Limited agenda of launching StartupsDekho.com is simple to promote Startups and emerging entrepreneurs , Because to start a business, startups or venture is easy but to sustain and take that next level is challenging especially in marketing and PR related needs  we believe that every startups needs PR and Marketing exposure and attention in the market to make its presence and recognition for the next level ,StartupsDekho.com will work as a communication tool to share Startups brand’s story, Achievement ,the startup’s story from Zero to Hero.

So what are you waiting for if you are emerging Startups or company entrepreneurs and you have a story share with us at contact@startupsdekho.com

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May 5: In this article, we’ll discuss information about the GOMA Finance project and GOMA token.

What is “Goma”?

“Goma” is “Sesame” in Japanese; a Goma or Sesame Shiba Inu is the the rarest breed & color of Shiba Inu.

This is why we have enabled our Hyper-Deflationary tokenomics to create scarcity and become more GOMA!

HYPER Deflation?!

Our community and holders’ matter, so to share wealth and happiness we have created a hyper-deflation method in the smart contract that enables the burning of $GOMA on every buy or sell on Pancake swap (or otherwise).

GOMA is Giving

Charity is important to us, and that forms a big part of why we believe GOMA is all about giving back.

We do this by sending 1% of trading transactions to a charity wallet, and our community of holders will vote where the $GOMA will go.

The GOMA Tale

Shiba Inu is Smallest of the Japanese spitz breeds and related to the Akita, this companion and guard dog was once bred by the Japanese to assist in wild boar hunts in their dense highland forests.

The GOMA Shiba Inu, the rarest breed and colour, was said to bring luck, prosperity, honour and great status to its owners due to its rarity.

Prosperity

We burned 50% of the total supply to give our initial community holders an immediate boost in prosperity – this was sent to a burn wallet and shall never be seen again!

We will also burn 2% on every trade (buy or sell), as we believe everyone should have an equal chance to own $GOMA, but trusting in us means trusting in you to play an active role in giving each other a chance to prosper – share $GOMA, and prosper.

Generosity

$GOMA is Giving! We not only give 3% of every trade (buy or sell) back to our community of loyal holders, but we also give 1% of every trade (buy or sell) to charity – our community of holders will decide which charity will receive them!

Give & Stake! And give some more!

As soon as our pre-sale and distribution is done we will commence our Give and Stake campaign, where you will be able to stake $GOMA to earn $TORII, and a % of your yield will also go to a separate charity!

HOW DOES GOMA COIN WORK?

The GOMA COIN platform is dedicated to creating and maintaining the infrastructure necessary for data owners to store, access, exchange, and also use their own data securely and safely. The network provides the services through the power of the latest blockchain technology of its IoT platform.

The decentralized blockchain technology of GOMA COIN creates an efficient and democratic process as data is gleaned from IoT devices, stored in data cabinets, and protected with security. The GOMA COIN Crypto blockchain sorts out data according to its quality and quantity, with a scale ranging from “small data,” referring to individual data contained on devices, to “platinum” or valuable data.

KEY ATTRIBUTES OF GOMA COINCOIN (GOMA COIN)

GOMA COIN is dedicated to providing solutions for these same problems.

Ensuring the shared data is secure: GOMA COIN provides encryption acting as a double layer of data security protection. The encryption is made keeping in mind the machine type from the hardware level.

Pursuing the convenience of data utilization: The platform aims to prioritize the security of permanent control over all data about an individual and allow firms to use data in multiple ways only after approval from the users.

An ecosystem that creates value: The platform aims to create value by building a democratic decision-making environment in a decentralized society; rather than being determined by a central authority.

Innovation: The GOMA COIN platform intends to provide an environment where all types of companies, organizations, and individuals, irrespective of size, can use the data provided by the platform to drive innovation and create value for the future.

HOW & WHERE TO BUY GOMA COIN IN INDIA?

GOMA token is now live on the Binance mainnet. Use these three-step processes to buy your first GOMA COIN Crypto using the Binance mainnet.

Sign Up for the Binance mainnet: Enter a valid email address and a user name on the sign-up page. Once the Email Id has been verified, set a strong password to secure your account.

Verify the account: You need to complete your KYC, to buy GOMA COIN on the Binance mainnet platform. All you need to do is upload the documents and your account will be set up in 15 minutes.

Buy GOMA COIN: After the account has been verified, you can deposit any amount of fiat currency you are comfortable with and start your crypto journey!

The token address for GOMA is 0xab14952d2902343fde7c65d7dc095e5c8be86920. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

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RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

The post What Is Goma Finance (Goma Coin)? What Is Goma Finance Token? What Is Goma Token? What Is Goma Crypto Coin? appeared first on Republic News Today.

May 5: The threat of COVID grew into the MSME sector like fuel. Companies started collapsing one after the other and during the same time, it became hard for banks to provide their loans without prior networks. The older and the mightier firms had no such fear. This was also the time when 1 Click Capital’s long journey in the financial sector gave birth to this dream, but it was the pandemic that revived it.

1 Click Capital is a fintech partner for everyone who needs financial assistance when their day goes south. Be it an individual or an organization. We understand the needs of our specialist segments—HR & Insurance—and go above and above to give you the feeling of having a friend you can call 24 hours a day, seven days a week. Their thirst to solve this credit crunch in the SME and MSME sectors was finally formed. Such a big step in the fintech world can easily fall before it even starts but they found immense support through the bonds they share. The advice received from family, friends, and industry experts helped them get through this venture. They have tied up with over 400 corporates and around 3762 individuals across 14 sectors whom they have seamlessly financed. They have registered their primary offices in Delhi and Gurugram but have their head office located in Mumbai.

1 Click Capital offers three vital benefits: Limited Paper Work – It has been recognized that the value of your time and, rather than requesting truckloads of paperwork, they use their paperwork to acquire a sense of your business; Speed and Ease – Uncertainty is undoubtedly the most formidable foe of preparation. They aim to bring clarity to your application within 48 hours of your submission; 24/7 Utilization – You can access your passbook or use your limits at any time of day or night once your limit is generated in the 1 Click system.

1 Click Capital brings to you three major services which might solve your problem. 1 Click Payroll: 1 Click Payroll is a short-term loan that we provide to organizations to assist you to bridge any salary gaps. It’s a financial limit that we set for organizations that you can use in part or entirely as you see fit. 1 Click Salary Advance: Here we provide advance salaries to the employees. We tie-up with your organization in simple steps and through them we provide you advance salaries or Contingency Salaries when you are in need. 1 Click Insurance Funding: 1 Click Insurance Funding offers annual employee group health premium payouts. It aids the employment process and helps the organization attract qualified resources.

It has not been long but 1 Click Capital has already earned great testimonials for themselves for their fluency in business solutions which has made them win the Best Emerging Fintech start-up of the year 2022 – 1 Click Capital. Chintan Siddhapura from Yash Industries says “We met 1 Click Capital at a very crucial point in time. The time when we were stuck between whether to take loans or to deduct salaries. Employee satisfaction was our primary goal and 1 Click helped us with that. Bad Credits were not a problem, it did not take sheets of documents and leaps of days to avail us of the payroll”.

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From left to right, Mohan Narayanaswamy SVP, Shekar Pannala along with L Sathya Prasad, Gellert Eduard Fabian, Mayur Patnala

India, May 5: To create a platform for students in digital learning, Chubb Business Services India Pvt Ltd (CBSI), in association with the Telangana government and NGO partner Nirmaan Organization, installed Disruptive Digital Intervention (DDI) labs at three government schools in Hyderabad last year. Chubb fully sponsored well-trained faculty for the labs, along with annual maintenance covering power backup, a high-speed broadband internet connectivity projector, LED TV and audio facility.

A group of CBSI employees and Chubb leaders, including Shekar Pannala, Vice President, Chubb Group and Global CIO; Gellert Eduard Fabian, CIO for Chubb’s Asia Pacific region; Mohan Narayanaswamy, SVP, CEO, and MD of CBSI; and Duggirala Sathya Prakash, AVP Risk and Compliance, visited ZPHS Medipally. Students enthusiastically welcomed Chubb senior leadership and expressed how the computer lab installations have benefitted them by giving new hope for their future. During the visit, Pannala and Fabian interacted with the students, faculty and Headmasters of three schools to understand the students’ progress in digital learning through these labs.

Emphasizing the importance of education, Pannala urged students to be goal-oriented, focused and utilize the resources to maximize their future growth opportunities. He stated, “Education is the most precious asset one can have, and being literate in technology leads to more career choices. “He also assured Chubb’s active participation in supporting students’ overall advancement and career opportunities.

Narayanaswamy said, “We should dream big and give our best efforts to reach great heights. With a strong will, we can achieve success irrespective of our origins.” He reiterated Chubb’s commitment and support in creating smart classrooms for students’ learning. Mayur Patnala, Founder and CEO, Nirmaan Organization, and L. Satya Prasad, Headmaster, ZPHS Medipally, expressed their gratitude to Chubb for extending tremendous support by inspiring students with their presence.

Chubb Business Services India is a fast-growing Global Competency Center that supports Chubb’s insurance operations, information technology, and digital and analytics functions. Effective April 8, 2022, Chubb Business Services India LLP is converted to Chubb Business Services India Private Limited. Since its inception in Oct 2019, CBSI has expanded its foothold in Hyderabad, Bengaluru and Bhubaneswar, providing support with a diversified talent pool of 900+ employees in Intelligent Process Automation, Digital technology, data analytics, and catastrophe modelling and risk management.

Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the United States. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to diverse clients. We assess, assume and manage risk with insight and discipline as an underwriting company. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, Paris, London, and other locations and employs approximately 31,000 people worldwide. Visit chubb.com

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