Tag: Business

  • Kochi Startup ExTravelMoney.Com Aids Indian Students in Saving on International University Fees

    Kochi Startup ExTravelMoney.Com Aids Indian Students in Saving on International University Fees

    New Delhi (India), February 4: Indian students who want to study abroad often face a number of challenges. For one, they have to contend with exorbitant tuition fees of universities abroad. Then there are the living expenses, which can be quite steep in countries like the United States, the United Kingdom, Canada and Australia. They also have to deal with the INR exchange rate fluctuations.

    The Indian rupee has been on a roller coaster ride in recent years, making it difficult for students to budget their expenses abroad. Another issue is that many banks and money changers charge high margins on currency conversion for sending money to foreign countries. Nearly 5% of the money paid towards their university tuition fees goes to these financial institutions in the form of transaction charges. These factors put a dent on the wallet of Indian students, making it tougher for them to study abroad. With this in mind, a Kochi startup, ExTravelMoney.com, has stepped up to help Indian students save on their international university fee payments.

    How Does ExTravelMoney Help Indian Students?

    ExTravelMoney.com is an online platform that helps Indian students save money on their international university fee payment and other money transfer abroad needs. The platform allows students to compare exchange rates offered by various RBI licenced banks and forex dealers in their network, thus enabling them to get the best deals on their money transfers abroad. By comparing the exchange rates and total cost, including service fees and tax charges, they can make an informed decision. This can lead to significant savings, as the platform is able to negotiate better rates for students compared to what they would get if they went directly to a bank or money changer.

    Here are some of the ways ExTravelMoney.com helps Indian students save on their international university fees and simplify the process for them:

    1. Competitive exchange rates: ExTravelMoney.com partners with multiple forex dealers, giving students access to competitive exchange rates. The platform helps students get the best possible deal on their international remittance by comparing rates across multiple dealers.

    2. No hidden charges: The platform ensures that students are not subject to any hidden charges or fees, as all charges are transparently displayed. This makes it easy for students to compare deals and make informed decisions.

    3. Doorstep KYC verification: RBI’s law mandates that Indian citizens transferring money abroad must directly visit the bank or forex store to physically verify their KYC documents. ExTravelMoney.com offers doorstep KYC pickup, which saves students time and effort.

    4. Multiple payment options: ExTravelMoney.com provides students with multiple payment options, including online transfers and card payments. This makes it convenient for students to make payments and ensures that they are able to complete their transactions quickly and securely.

    5. Assistance with documentation: ExTravelMoney.com provides students with assistance in completing the necessary documentation for their money transfer abroad. This includes helping students fill out the A2 form for remittance and providing them with guidance on the documentation process as specified by RBI.

    What Are Some Useful Tips For Indian Students?

    If you’re an Indian student planning to study abroad, there are a few things you can do to save on international university fees.

    First, start by looking for scholarships and grants that can help cover the cost of tuition. There are many organizations that offer financial assistance to Indian students studying abroad.

    Next, consider working part-time or interning while you’re in school. This can help offset the cost of living expenses and give you some extra spending money.

    Finally, be sure to compare exchange rates and fees before converting your currency. ExTravelMoney is a great resource for finding the best deals on money transfers and currency exchanges.

    It is heartening to see the innovative ways startups are helping students deal with their financial woes and reduce the cost of fulfilling their dreams. ExTravelMoney has taken decisive steps in this direction by providing an easy-to-use platform that connects universities, banks, and money exchange companies to deliver student discounts on international tuition fee payments.

    With more efficient service delivery, Indian students can save precious time while still getting access to competitive currency rates, which helps them keep their expenses within their budget.

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  • Flicka Cosmetics ropes in 2000 influencers to launch Flawless Femme Foundation

    Flicka Cosmetics ropes in 2000 influencers to launch Flawless Femme Foundation

    Flicka Cosmetic’s Flawless Femme Foundation

    New Delhi (India), February 3: Incepted in 2018, renowned beauty brand Flicka Cosmetics launched its Flawless Femme Foundation ranges recently. Curated with a vision to create the perfect blend of ‘Beauty’ and ‘Empowerment’, Flicka roped in over 2000 influencers and renowned makeup artists PAN-India to highlight the key aspects of the recently launched range. The Flawless Femme Foundation is crafted to perfection in 8 shades to suit all Indian skin tones.

    Focusing on a PAN-India launch, the campaign received tremendous success among new-age consumers. Popular content creators were a part of the campaign and showcased the key features of the product via social media posts, reels, and videos.

    Highlighting the campaign’s success, Priyanka Nawani, Founder & Director shared, “Flicka has a significant offline presence in major cities around the country; however, the brand is also working on growing its online presence and engaging with its clients through various social media channels. We are elated to kickstart this campaign for the launch of our Flawless Femme Foundation range. We truly feel that this is a clutter-breaking introduction and are optimistic that the range has the potential to disrupt the Indian beauty market. The campaign has helped us to reach out to the apt audience for the product range and we have witnessed traction of new users in the last month.”

    Priyanka further added, “Our in-house product development team curates the products post extensive research and development to ensure they are best suited to the requirements of Indian consumers. The Flawless Femme Foundation has a modern matte texture, which provides medium-to-full buildable coverage with SPF protection. Its comfortable and extremely long-wearing formula helps minimize the appearance of pores, giving the skin a smoother and even look. The formula is ideal for all Indian skin types and is priced at INR 899.”

    Key Features of Flawless Femme Foundation:

    • Available in 8 Shades
    • High-Definition Liquid Foundation
    • High Coverage Formula
    • Waterproof Formula
    • Moisturizing formula
    • Does not cake, streak, or fade
    • Lasts up to 24-hr
    • Oil Free Formula
    • Helps to Control Oil & Shine
    • Suitable for all skin types

    Flicka Cosmetics constantly thrives to expand its product portfolio to celebrate the modern Indian woman who is comfortable in her own skin. The newly launched range is an extension of the brand’s vision to establish itself in the clean beauty space by developing products that are paraben-free, cruelty-free, vegetarian, dermatologically tested as well as affordable. Since its inception in 2018, Flicka Cosmetics has carved a niche in the India Beauty and Personal Care industry with revenue growth of 3.22X in FY 2022.

    With a prominent presence across 7 major states of India. The brand has seen exponential growth and profitability from zero to 225 plus offline retail counters in just 4 years.

    Buy the new range of Flawless Femme Foundation range –

    https://flickacosmetics.com/products/flawless-femme

    To know more about Flicka Cosmetics, visit – https://flickacosmetics.com/

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  • Chaitali Das presents eco-friendly souvenirs to Manipuri polo players at Kolkata Polo Season 2022

    Chaitali Das presents eco-friendly souvenirs to Manipuri polo players at Kolkata Polo Season 2022

    Kolkata (West Bengal) [India] February 3: Internationally acclaimed Indian Social Entrepreneur & Philanthropist Chaitali Das receives the memento as a goodwill gesture from Chief of Staff Eastern Command Lieutenant General (L-G) KK Repswal at the Kolkata Polo season 2022.

    Chaitali presented ‘I❤ KOLKATA ‘ printed Eco-friendly bags from her label ‘ Jute Story ‘ souvenirs from the beautiful city of joy to the Manipuri Polo players who participated at the KOLKATA POLO SEASON 2022.

    Some of the finest teams of the Indian Army including teams from Army Service Crops, Arty, Armoured Crops, RVC, and 61 Cavalry participated from across India at the world’s oldest polo ground in Pat Williamson Polo Ground at the Royal Kolkata Turf Club. The polo season started from 20 Dec till 31st Dec 2022 under the aegis of ST Br, HQ Eastern Command.

    Manipur Polo players played in an exhibition match. The Manipuri polo players were spectacular in their traditional gestures, custom, and attire. The uniform for all the players is a white “dhoti” which is tucked in above their knees and a head guard or a big white turban which is held by a “khadangchet” which is a chin strap that protects their calves. Usually, no footwear is worn and the ankles are covered with “khunningkhang” which is a piece of leather cloth. Leg guards are worn below the knee.

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  • MK Jewels brings the rich jewel culture of every state in India to one venue

    MK Jewels brings the rich jewel culture of every state in India to one venue

    MK Jewels

    New Delhi (India), February 3: MK Jewels proudly celebrates the diverse and rich craftsmanship of India with their “Proudly India” showcase on the 76th Republic Day. The collection features jewelry inspired by the traditional designs of various states, including Jaipur’s Polkis, Bikaner and Banaras’s Jadau and antique pieces, Hyderabad’s Pearls and Temple jewelry, and much more.

    Jewelry is a significant part of Indian culture, with a rich history and diverse styles reflecting the country’s diverse heritage. In India, different designs and styles reflects different regions and communities. From the iconic Mangalsutra, a sacred necklace worn by Hindu married women, to the intricate gold necklaces and earrings of South India, jewelry plays a significant role in representing one’s identity and heritage.

    In Indian culture, jewelry has always been more than just an accessory. It is a symbol of tradition, wealth, and beauty. From festivals and ceremonies to daily wear, jewelry is an integral part of Indian fashion. With time, jewelry designs have adapted to modern tastes, incorporating a fusion of traditional and contemporary styles. Today, with the advancement of technology, jewelry has become a form of wearable art, showcasing the creativity and craftsmanship of skilled artisans.

    For over two decades, MK Jewels has been a leading name in the jewelry industry. With a reputation for exceptional design, craftsmanship, quality, and affordability, the brand has established itself as a benchmark in the field. Known for their real diamond, gold, and CZ jewelry, MK Jewels has helped shape and preserve the art of jewelry making. Their collection of earrings, necklaces, bangles, bracelets, chains, watches, pendants, and pendant sets is unparalleled in both its elegance and craftsmanship. Drawing from a rich heritage and incorporating contemporary influences, MK Jewels continues to create iconic pieces that honor tradition while staying ahead of the curve.

    Founder Ram Raimalani leads MK Jewels’ design team with his passion for creativity and knowledge of the diamond industry. He starts each collection with a fresh perspective, drawing inspiration from his surroundings to develop a core concept or design idea. The designs are then hand-drawn, translated onto paper, and brought to life by the team’s expert craftsmanship. Under Ram’s leadership, the company has transformed from diamond trading to a luxury brand known for its quality and affordability. The display of finest jewellery designs from across the nation aims at encouragement of ‘Make in India’ and showcases affection and love for our nation.

    Ram’s personal sense of style is evident in each of MK Jewels’ creations, from bold and statement pieces to minimalist designs. He values attention to detail and ensures that every design is true to the wearer and the brand’s ethos. With successful wholesale and retail operations and plans for an e-commerce portal ‘www.mkjewels.in’, Ram aspires to bring MK Jewels to even greater heights providing innovative and trendsetting designs, quality products, and by achieving high levels of customer satisfaction. Ram believe that there is excellence in everything, and our search for perfection goes beyond what meets the eye. His philosophy is simple, “in a world full of illusions, always be the real one.”

    At MK Jewel’s, we understand the importance of quality, affordability, and design in the jewelry industry. That’s why we provide the latest and most stylish designs, crafted from the finest materials, at prices that are accessible to all. Our talented in-house designers work tirelessly to create original pieces that stand out from the crowd, so you can be sure that you are getting a truly unique piece of jewelry.

    “With 2 stores in Ahmedabad, 1 store in Mumbai, and online presence on ‘www.mkjewels.in’. MK JEWELS is rapidly increasing its retail footprint and coming up with a new store in Andheri, Mumbai soon.” Says Ram Raimalani.

    For more information: https://www.mkjewels.in/

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  • Social Commerce Platform-enabler, Springo joins #SucSEEDFamily

    Social Commerce Platform-enabler, Springo joins #SucSEEDFamily

    New Delhi (India), February 3: Springo, a community commerce enabler platform aimed at making the journeys of sellers selling on social media fast, efficient & easy has secured an undisclosed amount in a seed round from Hyderabad-headquartered SucSEED Indovation Fund.

    Founded by Swati Desai & Ronak Desai, Springo provides a full stack product suite that is currently helping 10-15+ Million sellers in India, scaling their business primarily through Meta Marketing.

    With the motto of “Gateway to Community commerce”, Springo targets to define the seller’s X to 10X journey with full-stack productivity and growth tools.

    Sharing her journey on what led to founding Springo, Swati Desai, the Founder and CEO of Springo said, “I was a seller & struggled to scale my business due to lack of resources. 1/3rd of sellers selling on social media globally are sailing the same boat. To empower such sellers to get them, buyers, I started a FB community that has organically grown to 1.35 Lac+ members with 15K+ sellers, followed by launching an e-commerce platform. Still, the sellers were not able to grow their business. We identified & analyzed that their primary channel is social media & the operations on it were broken, unstructured & inefficient due to which the work which can be done in 10 days today takes 30 days.”

    She further added that “The seed funding we raised from SucSEED Indovation Fund will help us enter the global market and expand globally.”

    Speaking on why they have invested Vikrant Varshney Co-Founder & Managing Partner of SucSEED Indovation Fund, said, “According to the Grand View Research Report, The global social commerce market size was valued at USD 584.91 billion in 2021 and is projected to grow at a (CAGR) of 30.8% from 2022 to 2030. Spring is building a first-of-its-kind social commerce enabler platform aimed at making the selling journeys fast, efficient & easy via its product suite. It offers the tools to manage the e-commerce stores with plug-and-play features so that consumers can focus on the other strategy and financial aspects of the business and spring will handle marketing for them”.

    About SucSEED Indovation Fund – SucSEED Indovation Fund (SIF) is an AIF Cat-1 Venture Capital Angel Fund with ₹100 crore corpus and has grown out of SucSEED Angel Network (SAN) and IIITH Tech Ventures, an early-stage tech seed initiative with IIIT Hyderabad Foundation. General Partners of the Indovation Fund have 100+ years of cumulative experience within technology, fund management, and start-up ecosystem and have already invested in 60+ startups. SIF attempts to support Indian Innovation for mass needs in the following Six (6) sectors – EdTech, FinTech, Health-tech, Security & RegTech, Enterprise & MSME SaAS, and Digital Economy & Emerging Tech.

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  • The Beauty Sailor; a premium skin care brand in India

    The Beauty Sailor; a premium skin care brand in India

    The Beauty Sailor, Premium Skincare and Haircare Brand in India

    New Delhi (India), February 3: The Beauty Sailor, an exclusive skincare brand in India, is preparing to establish its brand-new offline store this year, in April 2023. In order to celebrate each person’s individuality, they want to offer sustainable items that are specifically made to complement the beauty that already exists. They want to develop skin, body, and hair care products that appeal to the modern age through the use of cutting-edge technology and production techniques that have been scientifically validated. The company established its first corporate office in January 2021 in Mohali, Punjab. Empowering more than 100 people directly and indirectly, they aim to provide a healthy and cheerful platform to grow each and every participant in their journey.

    To meet the demands of everyone, The Beauty Sailor has expanded its product line to include skin care, hair care, body care, face care, gift packs, combinations, and regime bundles. The company creates products with nature in mind and uses nature-derived ingredients as well as active ingredients to balance all basic and advanced requirements of today’s skin, body, and hair needs, which are also paraben-free and sustainable to make sure that they are as gentle on the skin as on nature.

    The founders of The Beauty Sailor, Mr. Avtar Singh, and Ms. Raman Kaur, always quested for premium and luxury skin care products in India but found that they were often more expensive and ineffective at the same time. This prompted them to start their own company, which would bridge the gap between premium quality skincare and affordability, made with active and natural ingredients while keeping all skin and hair-related major concerns in mind according to the changing weather conditions’ effects in India.

    Mr. Avtar Singh is the visionary behind The Beauty Sailor. He started his career with a leading bank and built his expertise in Business Development, Marketing, and Customer Relationship Management making an exemplary contribution to the firm. In 2012, he established the region’s first pioneering venture in the real estate market. His vision and direction for the company could orient it to aim for the pinnacle of success and be the mother company of Abbey Edge India Pvt Ltd, which is aiming for the same goal.

    Ms. Raman Kaur is a dynamic leader and loving mentor of the Beauty Sailor team with 12 years of valuable corporate experience. Her confidence in the creative expression of her team allows each team member to unleash their full potential. She believes in ‘ideas over hierarchy’ and takes pride in the self-sufficiency of her team. Strongly backed by her team, Ms. Kaur aims to take the company to the pinnacle of success and redefine the accessibility of good-quality products from a small class to a wider market.

    The core strengths of The Beauty Sailor are:

    • The quality of its products.
    • More than 55% of customers are repeat customers, a testament to the effectiveness of the company’s offerings.
    • All of its products are India and US FDA certified, dermatologically tested, and free from harmful chemicals such as parabens, silicon, and sulfates (DMDM, LLP, TEA, and DEA).
    • The company is committed to ethical manufacturing practices, and none of its products are tested on animals.

    Beauty Sailor is also committed to making choices that are good for both consumers and the environment. The company’s “Mission 1 Crore Green Hands” initiative aims to plant 1 crore trees in order to improve air and soil quality, as well as groundwater levels. The company has also been recognised for its achievements in the industry and was awarded the “Industry Leader Award” from Ms. Sonali Bendre, recognising it as the “Emerging Premium Skin Care Brand in India 2022-23.

    Despite its success, The Beauty Sailor has faced challenges on its journey to becoming an industry leader. In the early days, the company struggled to find the right marketing strategies to reach its target audience. However, the core team was able to rephrase the marketing strategy and come up with stronger, more effective approaches. As a result, The Beauty Sailor has now established a foothold in the market and is planning to expand further with online and offline stores.

    For more information, please visit: https://www.thebeautysailor.com/

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  • Union Budget 2023-24 has reshaped the landscape of capital investment in India: Prateek Toshniwal

    Union Budget 2023-24 has reshaped the landscape of capital investment in India: Prateek Toshniwal

    Surat (Gujarat) [India], February 2: Prateek Toshniwal, a renowned chartered accountant, has said that the Union Budget 2023-24 has reshaped the landscape of capital investment, and the new policies will go a long way in reviving the startup ecosystem in India.

    The Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) scheme announced by Finance Minister Nirmala Sitharaman in the Union Budget 2023-24 will be a game changer for small and medium businesses, especially the startups in India… It is expected to provide an additional Rs 2 lakh crore in collateral-free credit to the MSMEs.

    According to Prateek Toshniwal, a well-known chartered accountant (CA), the CGTMSE to be implemented on April 1st will aid collateral-free lending to small businesses, with the government infusing Rs 9,000 crore.

    “India’s economy is on track to grow at 7% in the current fiscal year, the highest among developed economies worldwide. There is no reason to doubt that India will persevere in the face of adversity,” said Toshniwal.

    Finance Minister Nirmala Sitharaman has estimated 7% growth in the current fiscal year by increasing Capex expenditure by 33% to Rs 10 lakh crore for FY24, which is higher than the Rs 7.5 lakh crore budget estimate for 2022-23. However, public capital expenditures will account for 3.3% of GDP at this level.

    The finance minister has proposed various diligent measures with a prominent focus on the seven tenets of SAPTARISHI to be accomplished during Amrit Kaal, namely, Inclusive development, reaching the last mile, enhanced focus on infrastructure & investment, unleashing the potential of the financial industry, Green growth, Youth Power and the progress of Financial Sector.

    “It is an excellent budget for capital investors and investment networks, and it will strengthen the country’s financial investment ecosystem,” Toshniwal said.

  • Wallnut Building Solutions is launching revolutionary cleaning products for tile & stone, Taps & sanitary, Marble & Stone and for removing Epoxy and paint haze from surfaces

    Wallnut Building Solutions is launching revolutionary cleaning products for tile & stone, Taps & sanitary, Marble & Stone and for removing Epoxy and paint haze from surfaces

    Mumbai (Maharashtra) [India], February 2: – This Republic day, Wallnut building solutions has launched Zeoclean, a new collection of tile & stone cleaners specially formulated by leading experts in India.

    Through years of research and development, the company has produced various products based on nearly 25 years of experience in construction chemical and building materials.

    Wallnut building solution strongly believes that tiles and stones need special care so that their beauty and elegance prevail over time. The cleaning of different types of tiles & stones like ceramic, marble, porcelain, granite, limestone, Taps & Sanitary, and Marble & Granite is not a one-approach- tackles-all situation. Each of these materials needs a specially formulated solution to tackle them with the care that does not damage them.

    Wallnut has designed five products under the Zeoclean series that provide the perfect solution that fits the characteristics of the materials.

    1. ZeocleanAdvance (Heavy duty cleaner for heavy stained Ceramic, glazed, vitrified   & glass mosaic tiles )
    2. ZeocleanPower (Daily cleaning of all types of ceramic, glazed, vitrified & glass   mosaic tiles )
    3. Zeoclean Max (cleaning of all epoxy haze or film from the tile, stone, or cement &   other surfaces)
    4. Zeoclan Marmo (Cleaning of all types of natural & artificial stone such as marble,   granite, sandstone, and Italian marble)
    5. Zeoclean Dayna (Cleaning of all types of CP fittings & sanitary ware)

    All the products have undergone rigorous testing on each material to ensure the best and most desired result for surface material. A heavy-duty cleaner is essential to obtain a pristine surface in most industrial and commercial areas.

    Key Feature of the products:

    High-Performance

    HeavyDuty Cleaner

    Powerful Formula

    100%  Clean Surface

    Quick Surface Reaction

    Shine Protector

    Skin Safe

    An Exquisite Combination of chemicals & Technology for an easier cleaning experience.

    Zeoclean Tile & Stone Cleaners: contains a highly effective germicide that kills a wide range of bacteria including listeria, E-coli, MRSA, etc. It is also safe to use on all metals, plastics, enamel, ceramics, and other washable surfaces. – Leaves surfaces clean, deodorised, and germ-free – Ideal for bathrooms, kitchens, labs, airports, industrial facilities, and general cleaning.

    The cleaner is available to order in February from amazon.in and flipkart.com, with availability beginning February 2023 at the nearest dealer stores.

    About Wallnut Building Solution India Private Limited.

    Wallnut, India’s top industrial mortar manufacturer, provides a comprehensive variety of products based on cutting-edge formulation technology. Bringing modern world standards to India’s tile and stone installation sector.

    Quality in construction work is what makes the difference, and that is why we are the leader in the production of adhesives, grouts, wall putty, and chemical products for the building industry.

    Wallnut has shown to be an important partner to everyone in the building & construction business over the years, creating different products with qualities and characteristics to fulfill all of their needs. Caclibond Tile and Stone adhesive series for professional tile installation | Connect and Lock Grout series for hassle-free grouting application | Zeorich series for Flooring requirements | Lite series for economic tiling and building solutions.

    Wallnut premium products are having a significant impact in the market including ZeorichBase Screed for durable flooring, Metapoxy Grout (2 Component Epoxy Grout), and Calcibond Ultima (Ultimate Adhesive for All Types of Tile and Stone Applications).

    For further information please contact:

    IJMIMA, 806, Off Link Road,

    Behind Goregaon Sports Club,

    Malad West,

    Mumbai – 400064

    Tel:+91-22-49713322 | 91-9967007783

    Email: info@wallnut.co.in Website: www.wallnut.co.in

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  • Purti Ki Duniya: An Emerging YouTuber

    Purti Ki Duniya: An Emerging YouTuber

    New Delhi (India), February 2: Today we are talking about a YouTube channel that shares entertainment, food, home, traveling, and other things in front of you through vlogging. The name of this YouTube channel is Purti Ki Duniya which we are going to discuss today:

    The creator of this channel is Purti Jha, who belongs to the middle class and is also a housewife. Along with this, she is preparing for the government exam. She got married about 3 years ago, after which she became an ideal wife as well as the mother of a lovely child in no time.

    Taking this responsibility, she thought that something should be done, and as a result of which she started the Purti Ki Duniya channel. Her husband’s name is Honey Sharma, she does a private job, he had advised and motivated her to create this channel. Due to this, she kept on entertaining people through this kind of activity in her spare time and at the same time she also got to know what she can do.

    Purti used to watch videos of many people on YouTube and she also wanted to become famous like these people, but she could not find the means to do so. After she joined YouTube because she believes that by supporting her husband until she gets a government job, she can present herself in front of you through this medium to make a living in this world.

    Purti dreams of giving her son all the luxuries he needs for a better future. Her nature is very simple, soft at heart, and helping nature she always thinks about others only.

    If you want to entertain yourself or want to take knowledge of different things and want to support them. Then you have to subscribe to the purti ki duniya YouTube channel. Through this, you will get all that a family channel should have.

    Profile link:

    Youtube: https://www.youtube.com/c/purtikiduniya

    Instagram: https://www.instagram.com/purtikiduniya/

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  • SignO creates a disruption in the Indian “Trucking” Industry

    SignO creates a disruption in the Indian “Trucking” Industry

    Noida (India), February 2: India is seeing a shortage of >25% in the truck driver space with only ~750 drivers being available for every 1000 trucks.

    Nearly 98% of truck drivers in India covered in a study by Asia-Africa Supply Chain Transform Health Alliance in June said they did not want their family members to join the driving profession. While it is important to find the “WHY”, it is a priority to find out – “WHAT” would happen if this takes form.

    Low dignity of labour, irregular pay, erratic hours and increasing accidents are the reasons why drivers lack the motivation to continue their job. And, with the current trend of reducing number of drivers, all major economies of the World are at the brink of crippling as road transport continues to remain the backbone.

    SignO, a 100% bootstrapped startup founded by IIM & IIT Alumni and industry specialists steps up to solve this key risk to economy and unveils India’s 1st Commercial Driver Management Strategy that has changed over 5000+ lives in the past 3 years.

    With a vision of an equitable social contract between fleet owners and drivers that bridges the systemic trust deficit by guaranteeing assurance to the former and a voice to the latter, SignO is proving DAAS – “Driver As A Service”.

    SignO developed an AI-based vernacular voice call BOT, which simplifies the process of Driver Sourcing, Briefing, Filtering, Recruiting with digital KYC, 100 times faster than the normal process.

    With every driver having passed through a series of training and verifications, they are also being tech-enabled and highly skilled to ease out every logistics process. Thus, fleet owners get the comfort, flexibility and confidence of hiring drivers for their fleets on both, a monthly and an ad-hoc basis.

    Empowerment of drivers has been identified by the company to be the only way the industry can correct the demand-supply dynamics and thus SignO is actively involved in creating a better ecosystem for the driver including timely payments, adequate soft-skills and technical training to match up with evolving trucks, health checks, workman compensation, insurance and even a perfectly planned roster to allow the drivers to spend time at home as well.

    With well-trained and cared for drivers, the driver take a step ahead and have generated over 10-15% extra fuel efficiencies and a 99% on-time delivery leading to over 25% cost saving for the company.

    Drivers are empowered to see themselves as employees of the company, and thereby align their goals and actions to the benefit of the company in the long run.

    The driver shortage problem isn’t unique to the Indian subcontinent but is instead a global challenge. The EU, US and Canada have over 20-25% of their driver hiring mandates unfulfilled.

    The increased reliability factor driven by SignO’s technology and management strategy is enabling the company to start moving towards its end goal of becoming the green channel for drivers to choose to drive anywhere in the world.

    Read More: https://www.signo.in/

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