Tag: Business

Ashish Kukreja, Founder and CEO of Homesfy.in and Mymagnet.io

New Delhi, December 13: For the longest time, in India, fixed deposits, SIPs (Systematic Investment Plans), PPFs (Public Provident Funds) and Government schemes continue to remain the most widely used investment routes. Although among the youth, given their relatively high-risk appetite as compared to the older generation, trendy investment options such as NFTs and cryptocurrencies have been gaining traction recently. Also, insurance instruments in the form of guaranteed money-back plans, pure-term plans and other life insurance products are also gaining popularity as the nation recovers from the aftermaths of the pandemic.

In this crowd of investment options, real estate has been a traditional choice for generations, but in the last few decades, the rising prices and lack of transparency associated with the industry discouraged retail investors from actively participating in the industry. But with the setting up of RERA, there has been a revival of trust in real estate investments. The post-pandemic analysis of the real estate market reveals that, at the root of the new wave of interest in property investment, there is a strong emotional element- the stifling ambience of the Covid days has driven people to create spade spaces for themselves, and what better than a home? As a consequence, industry experts have reported a steady rise in enquiries on property bookings as well as residential property purchases. Additionally, the fault lines in the social fabric and economy that the pandemic has revealed have not only nudged people emotionally but also have woken them to the fact something as concrete as real estate will often be a safe asset to fall back on.

Apart from the intimate feeling of home owning, the real estate market provides a great opportunity to boost one’s portfolio. With increasing migration to the big cities, the mushrooming development projects strewn across tier-two and tier-three cities and, at an attractive price point, become a lucrative choice for investment. Today even category A developers are moving beyond metros and coming up with interesting projects in cities like Pune, Surat, Dehradun, Goa, Indore, Hyderabad, and Ahmedabad, to name a few. People are investing beyond end use or rental income yields; they are buying vacation homes and retirement homes basis their appetite and retirement goals. The expert projections of a year-on-year increase in the real estate market amounting to a 9.6 per cent CAGR by 2027 are tempting investors who are looking at the potential creation of generational wealth.

To tackle the challenges of current interest rate constraints and to capitalize on the surge in the value assigned to real estate as an investment avenue, the builders have devised several packages and offers to bring the everyman to the table. Innovations such as green buildings, a project dedicated to the elderly, and intermediates companies that pair the investor with the right property continue to enrich the real estate market and pave the future of the sector.

For us at Homesfy, it is important that each customer who places their trust in us receives a customized solution in return. Whether it is finding the most customized homes that account for the investment purpose or for addressing the immediate residential needs of the customer, our property scouts are always working with reputed developers to provide interesting options. Earlier, the company was focused only on the sale of newly launched residential projects, but very soon, it will be entering other segments of real estate investment. Homesfy has filed a DRHP (Draft Red Herring Prospectus) for its IPO, which got approved recently and very soon will be inaugurating itself on the exchange. The listing of a real estate channel partner only solidifies the sector view for the country at large and thereby makes real estate one of the important elements to consider in one’s investment portfolio for 2023!

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AB de Villiers- the new face of Fairplay

Mumbai, December 13: AB de Villiers has entered into a long-term partnership with FairPlay, the fast-growing sports and gaming exchange.

Online gaming is swiftly becoming an integral part of the way people enjoy sports, gaining popularity worldwide. Fans can now feel like genuine stakeholders in what happens on the field rather than mere spectators sitting in the stands.

ABD, the legendary cricketer admired around the globe for redefining the art of batting, is excited to become a FairPlay ambassador.

“Fair play has always been at the heart of everything I have done,” says the upbeat South African, “so it feels like a natural fit. We want people to have fun, to be careful and responsible in everything they do… and, of course, to play to win.”

De Villiers excelled in all game formats, thriving at the heart of the South African national team from 2004 until 2018. He also became one of the brightest stars of the Indian Premier League, playing many memorable innings for Royal Challengers Bangalore, often in partnership with his teammate and friend, Virat Kohli.

He is widely known and admired as ‘Mr 360’. His performances and personality are indelibly woven into the history of the game, and his presence remains part of the future.

FairPlay was founded in 2019 and provides a sports and gaming exchange for cricket and 30 other premium sports. It is known for regularly offering the highest odds in the market, ensuring value to users. Research confirms FairPlay is India’s most trusted sports and gaming exchange.

Mr 360, one of the greatest cricketers of all time, in partnership with FairPlay, is setting new standards in its field… it’s the perfect match!

A FairPlay spokesperson said: “We are excited to work alongside ABD and to celebrate the spirit of sport which he represents. We look forward to a long and fruitful partnership.”

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The car repair and maintenance company offers holistic services at multiple workstations

December 13: My GadiMaster, a noted car repair and Maintenance Company in Pune, suggests personalized maintenance services to its customers after conducting 360-degree car inspections. The company takes into consideration all small and big aspects of car maintenance to provide holistic services. It tailors its services to the customers’ requirements, their cars’ models, and the results they are looking for.

My GadiMaster’s 360-degree car inspection involves several services. The professionals start by conducting a thorough scan of the car and identifying issues that need to be addressed. If the customer comes with an issue at hand, it is remediated after the inspection. If the customer is not aware of the issue, the 360-degree inspection allows the professionals to identify what’s wrong with the vehicle and recommend the best ways to tackle the same.

Personalization is the key to My GadiMaster’s services. Once the comprehensive inspection is carried out, the workers suggest personalized repair and maintenance procedures according to the customer’s requirements. The team understands the car’s build and design to suggest the best remedies to the customers. From mechanical and denting/painting to car cleaning and peculiar damage repair, the company performs all its services per the customer’s preferences.

My GadiMaster includes holistic inspection, repair, and maintenance of almost every component in its services. The professionals are trained to deal with AC, windshields, wheels, brakes, and other car components to give the vehicles long and healthy lives. Depending on the inspection, the team also helps customers get insurance and a regular warranty to ensure their cars’ longevity and sustainability. It ensures that the customers seeking insurance claims get their dues without any delays.

To ensure seamless and holistic inspection, My GadiMaster stays in sync with the ongoing tech trends. The team uses modern equipment to provide all its services to avoid making any compromises. The car repair and maintenance company has equipped its workstations in Baner, Bavdhan, Kothrud, Viman Nagar, PCMC, Hadapsar, and Katraj with state-of-the-art tools, amenities, and tools to provide quality services to its customers. It also ensures that it provides industry-standard spare parts to all its customers to enhance the look, appeal, and performance of their cars. Along with a thorough inspection, regular performance checks help My GadiMaster’s customers to increase their prized vehicles’ lives.

Miheerr Dussane, the founder of My GadiMaster, believes that personalized car repair and maintenance is the need of the hour to keep his customers happy and satisfied. He says, “Since their invention, cars have always been highly prized possessions for their owners. To date, car owners are extremely possessive about their vehicles and do not want to take any chances when it comes to their maintenance. At My GadiMaster, we aim to fulfill our customers’ desires to keep their cars healthy and good-looking at all times. Our 360-degree car inspection services ensure that Pune’s car owners drive their vehicles with pride and joy!”

To know more about My GadiMaster and its services, click here.

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New Delhi, December 13: Rahul Nikam had just passed out of Engineering college and was desperate for a job, hailing as he was, from a middle-class family struggling for survival. He had attended many interviews and not landed a Job. He often knew the answers to the questions asked but was not able to communicate the same.

Abhishek Sharma was another student, hailing from rural Bihar. He too was desperate for a job. He was smart and knew how to face the panel but somehow the questions they asked him left him floored. In fact, in one campus drive, he was bold enough to ask a person on the panel if it was from the course he had completed!

Countless such graduates in the country flounder in similar situations. The years and effort spent in college seem wasted when applying for a job. Skill sets required are missing, but above all, critical and innovative thinking abilities are null and void. Communication is poor and confidence levels very low.

This was the scenario that greeted Sandeep Pingale when he returned from Dubai to set his Entrepreneurship Journey in India. A Civil Engineer by qualification, with vast experience and knowledge in Structural Designing, he had plans to start his consultancy firm in the Country.

Established in Mumbai in 2010, E-Construct Design and Build Private Limited began as a consultancy service for Civil Engineering solutions. Despite being a start-up in the field, E-Construct took off quite well, and projects flooded in. Within the next two years, the company expanded to a private limited one, during which his wife Shraddha Pingale, an M.Tech graduate, actively joined the company operations as Co-founder and helped with business development and administration.

When looking to hire graduates from the colleges, what Sandeep and Shraddha saw set them thinking. Sandeep recognized the disparity between the Civil Engineering course curriculum and the on-site requirements of working in the field. The theoretical knowledge with no skill set or aptitude development was the core reason he saw low standards in the Civil Engineering section.

Sandeep feared a possible fall of the economy, seeing how under-skilled civil engineers were being entrusted with developing basic infrastructure and housing solutions across the country. This prompted him to introduce India’s first ON-JOB training initiative, exclusively designed for Civil and Structural Engineers. Sandeep and his team provided ON-JOB internships to 1000s of students across India.

Here, civil engineers can acquire the essential skill sets required to excel in the field as they learn on the job. Every year, thousands of skilled Civil Engineers come out of the training program, many of who have been placed in top companies and projects in India and abroad.

Anuradha is an example. Today she is one of the leading team members at Ramboll and today she exudes confidence and commitment.

Harshvardhan is placed in Atkins.  A happy and outgoing person, he is taking care of a project himself and his family has gone beyond mere survival.

Many are the others who have passed out of E-construct run by Sandeep Pingale. A satisfied man, Sandeep is constantly on the lookout for ways to improvise and learn.

He could have picked a plum job and done well for himself and his family. But he was looking for more, ways in which to contribute to his nation and planet.

E-Construct Design and Build Private Limited, established in 2010 specializes in providing Engineering Consultancy and Corporate ON-JOB Training to people in need and also engages in significant construction works across the length and breadth of India. Initially based in Mumbai, the company is now extended to multiple offices throughout cities like Tumkur, and Pune and is headquartered in Bangalore. They also opened a branch recently in Dubai, UAE.

A man of humble origins, Sandeep Pingale, hails from a family of farmers. Even without any academic background in Entrepreneurship or business, the fact that he took such a big step is proof of his passion and dedication to nation-building and a sustainable planet.

Sandeep’s commitment to uplifting the Indian Civil Engineering field doesn’t end with setting up the company. He, along with his co-founder and the rest of the team, strives to dissolve the myths and rumors around the industry, which often inhibit talented and interested individuals from pursuing it. “Due to the lack of awareness and branding, a significant share of society believes Civil Engineering to be one of the low-earning industries and considers fields like IT to be high-profiting. But considering that a human during his lifetime, despite spending meager sums on gadgets and other belongings, makes the most significant investment in building a home, and likewise, in any country, the community’s existence is based on infrastructure, we need to give it the due,” he notes.

A qualified Civil Engineer with the right skill set will always have a steady job and solid income flow compared to any other field, especially IT, he avers.

From a regular consultancy company to an enterprise that offers Civil Engineering Consultancy, Construction services, ON-JOB Learning Programs, and much more. Sandeep & Shraddha launched their YouTube channel to help Civil Engineering students, working professionals and Consultants gain knowledge thru ON-JOB Learning. They have reached a milestone of 1 lakh subscribers.

E-construct is proof that vision and commitment can never fail to deliver.

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Saubhagyaa R Swain

December 12: The Vincitore Group is committed to investing 321 Cores of Indian Rupees in multiple sectors in association with the Adani Group, the JSW Group(Jindal Steel), and Mittal Steel Company, Including power plants and Renewable Energy in Deojhar project district Keonjhar, a Dharma project in Bhadrak district and Talcher thermal power station in Angul district, Odisha.

Odisha mines iron ore and bauxite in greater quantities than other Indian states.
Deojhar in Keonjhar District will set up an Iron ore beneficiation Plant while the Pellet Plant is set up in Dharma, in the Adjoining Bhadrak District.

The Alumina Refinery, set up in the vicinity of potential Bauxite reserves or operational mines, will produce smelter-grade Almunia, further helping India to Move towards the substitute of Import.

Talcher Thermal Power Plant is one of the oldest and top-performing thermal power stations in the country and is situated in Odisha’s Angul District. The Investment for Talcher Thermal Power Plant has been approved for the expansion of the Power Generation capacity.

After Bagging the three Power plant projects in Odisha by the Vincitore Group, Mr.Saubhagyaa R Swain Said “We would provide the best structural fabrication, erection, and installation for integrated power plants, pipelines for process and power production”.

Swain explained that Vincitore Group has sufficient reserves for the construction of thermal power plants and EPC contracts for boilers, distilleries, and material management, allowing the mega steel company to increase its volume capacity for greener plants by using clean technology, resulting in the Atmanirbhar Bharat initiative.

This will help the people of Odisha by generating extensive economic activities and employment opportunities. Bringing Prosperity to Odisha through value addition to natural resources and industrialization.

While addressing the conclave, Odisha Chief Minister Naveen Patnaik said his state aims to become a trillion-dollar economy within a generation and become the gateway to the east and Southeast Asia.

It is an honor to be able to appreciate such a progressive vision for a state with a clear focus on transformation in all of its spheres as that outlined by our honorable Prime Minister Narendra Modi and our honorable Chief Minister Naveen Patnaik. A stable government is one of the cornerstones of progress, prosperity, and peace, said Saubhagyaa R Swain, chairman of the Vincitore Group.

It is expected that the capacity expansion will increase investment in Odisha to over 900 crores of Indian Rupees from 321 crores at present. The Vincitore Group plans to expand the textile sector in Odisha through its flagship brand Vincitore Lifestyle, owned by Co-founder Entrepreneur Namrata Sharma and directed by Sasmita Swain, the Group’s Chief Management Adviser.

There will be enormous economic activity and employment opportunities in both sectors as a result.

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December 12: When the world order of doing business has changed today, post-pandemic, how can re-looking at investments be an exception? We always knew Alternate investments generally offer opportunities to diversify and explore newer avenues of investment. Over time, a well-planned, diversified portfolio could help investors minimize their overall risks and increase long-term ROI (Return on Investments). Alternatively, they generate a high- delta for investments with a defined exit mechanism.

However, in such changing markets, updating oneself on innovations in this space, choosing the best alternative investments, and protecting your assets is imperative to ensuring higher returns.

AISL 2022 would work as a catalyst between investors, real estate players, and alternative investments.

The concept was humbly supported by established and progressive real estate partners like Ashar Group, Tridhaatu Realty, Avant, and Nyati Group, who presented real estate as an alternative asset class to a select group of entrepreneurs and astute professionals who value ‘exclusivity and success.

Madhushree Dutta, the Founder and CEO of Brand Torque, comments on the successful accomplishment of the event, “AISL 2022 will be a multi-city project that would assemble the entire ecosystem of investors, family businesses, real estate developers, & creators of alternate assets to exchange ideas, understand new opportunities, and expand networks globally. We wish to execute substantial transactions through this initiative seamlessly and be “Value Creators” for our stakeholders.”

She added, “AISL 2022 is a dream come true. We envisioned, built, and executed the first forum of the Series and brought in a certain community together that needed this and was cherry-picked. We offered them an enriching experience.”

The concept was also supported by established and progressive real estate partners from this segment, including Ashar Group, Tridhaatu Realty, Avant, and Nyati Group, who presented real estate as an alternative asset class to a select group of entrepreneurs and astute professionals who value exclusivity and success.

The Chief Guests for the evening were Mr. Vikas Kalantri, Chairman of the World Trade Centre and President of the All India President’s Association, and Ibrahim Ameer, the Finance Minister of the Maldives.

The event was also enriched by Associates from diverse backgrounds. Grant Thornton Bharat supported this initiative as Knowledge Partner, and Outreach Partners like the Indian Business Group and World Trade Centre also extended their support.

All around the ballroom, a unique ambiance was fostered with the display of Art as an Alternative Asset.

The evening was curated to be varied and engaging; hence, there was a themed panel discussion and a scintillating Game Round, which saw audience members participating.

The first panel was titled, ‘Alternative Investments in the contemporary world! , featuring Khushroo Panthaky (Chartered Accountant) as Moderator, Mr. Ajay Ashar, CMD (Ashar Group), Mr. Pritam Chivukula, Co-founder & Director (Tridhaatu Realty), Mr. Sudeep Saha, CMD (Avant Group).

Post a short refreshment break, two Game Rounds ensued, with Rapid-fire & Fastest Fingers First Rounds, moderated by Madhushree Dutta (Brand Torque LLP) & Manoj Ajgaokar (Grant Thornton Bharat). The idea was to lighten up the mood and create audience engagement.

Panel two covered an insightful topic, ‘Art, Lifestyle, and Sustainability,’ with a fascinating amalgamation of panelists. Moderated by Lloyd Pinto (Grant Thornton Bharat), the panelists included Ms.Tejashree Joshi – Head of Environment and Sustainability (Godrej & Boyce), Mickey Narula (celebrated musician and healer), and two other panelists from the Art side. This panel was conducted post-event as a webinar.

Panel two covered an insightful topic, ‘Art, Lifestyle and Sustainability with a fascinating amalgamation of panelists. Moderated by Lloyd Pinto (Grant Thornton Bharat), the panelists included Ms.Tejashree Joshi – Head of Environment and Sustainability (Godrej & Boyce), Mickey Narula (celebrated musician and healer), and two other panelists from the Art side. This panel was conducted post-event as a webinar.

As an extension to AISL 2022 (ALTERNATIVE INVESTMENTS & SUSTAINABLE LIFESTYLES), Brand Torque introduced the “AISL Lumiere Awards” for the first time in the same forum. The goal was to highlight and celebrate the excellence of distinct personalities from various industries and fields of work who have shown in different ways. People from Business to Art to Performing Arts were all recognized and honored for their exemplary contributions to their respective fields of work.

About AISL 2022: ALTERNATIVE INVESTMENTS & SUSTAINABLE LIFESTYLES (AISL) 2022 is a fundamental initiative by Brand Torque to bring the demand and supply sides of the most internationally known sector – Real Estate – together. Through this initiative, Brand Torque will service and support a select group of high-value clients/investors in exploring opportunities curated “exclusively for them” in the Real Estate Space as an Alternate Asset, as well as assist their partners in offering unique propositions across Residential, Commercial, Pre-leased Assets, Lifestyles, and alternative investment opportunities to a select few delegates. In addition, the event includes Business Awards named AISL Lumiere 2022, which will highlight and reward industry professionals and recognize their outstanding achievements. 200+ high-profile guests from many industries, with a focus on significant company owners/ investors/ top social influencers/ family offices/ millennials.

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Founder Nishant Behl is Now In League With Mukesh Bansal and Binny Bansal In Building The Largest Global Marketplaces

New Delhi, December 12: One of Chiratae’s most prestigious awards, the Pride of India Award, has been bagged by Expand My Business, a rising startup, for the year 2022. Expand My Business is Asia’s Largest Managed Marketplace for digital services and has been a portfolio company of Chiratae Ventures. Besides the award, Chiratae has also participated yet again in EMB’s recent fundraise.

“There are three key factors that drive hyper-growth in a startup: Moving fast, failing fast, and winning fast!” said Nishant Behl, Founder and CEO of Expand My Business. With service offerings focused on two primary verticals: IT Development with new-age tech and Digital Marketing, the company’s mission is to make the next million businesses digitally through their assistance.

Chiratae Ventures has been an early investor in companies such as Myntra, Global Bees, Curefit, Firstcry, and Lenskart. It has also invested in industry leaders such as Clientell, Bounce, Cropin, EarlySalary, GoMechanic, Fibe, ByteLearn, NestAway, Pyxis, and many more.

Founder Nishant Behl is now in the league to build one of the biggest marketplaces and help eliminate essential problems associated with service discovery in the digital world on a global level. He’s now leveling up with renowned founders like Mukesh Bansal, Supam Maheswari, Peyush Bansal, and Binny Bansal, who has been a part of the previous awardee lists of the Pride of India Award.

B2B markets depend on providing solutions to alleviate pain points, boost efficiency, and reduce stress across the whole organization. Expand My Business, being the B2B Marketplace, believes in empowering potential startups and providing them with expert and standardized solutions in the Digital as well as IT Industries.

At Expand My Business, Nishant Behl, along with Rohan Raj Barua, The co-founder of Expand My Business, has assembled a team comprised of members who are courageous, industry leaders, inventive, risk-takers, and possess a variety of other characteristics to drive development and ensures EMB attains new heights in the B2B space all around the globe.

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Singapore, December 12: Blockchain based climate tech startup – YES WORLD, reaches an important milestone of 1.5 million transactions for its native crypto token – YES WORLD Token (Symbol: $YES).

YES is a leading utility token with token  usability available across several several verticals – Gaming, Travel, NFT Marketplace, Health & Fitness, Financial services as well as wide acceptance among e-commerce and brick-and-mortar stores. YES WORLD has launched a global utility services portal last week, post which number of transactions for utility token hit new milestone of 1.5 million.

YES WORLD Token offers several utility services to investors and enables them to not just hold to token for price appreciation, but also to use it for various usability and utility services available in their countries. Users can make the payment by scanning the bar-code presented at the checkout on the POS Terminal using the token. As per the information, the integration work is underway to onboard leading e-commerce players where the users will soon be able to make purchases online using $YES as payment mode.

Launched in April 2022, YES WORLD Token is getting a lot of interest from global crypto audience and buying interest seen across all exchanges. Based on Coin Market Cap data, it has already generated three digit returns for early adopters. YES WORLD announced launch of global utilities portal which is available in 80 countries worldwide and this price hike shows the cheer among its investors and followers.

YES WORLD Token is trading on several leading centralized exchanges including XT.com and Coinsbit.io, as well as on decentralized exchange – Pancake Swap. YES WORLD plans to be listed on over 50 leading crypto exchanges before its global launch. Also as leading utility token, YES WORLD plans to onboard 10 million merchants worldwide by the global launch event scheduled in April 2024.

YES WORLD Token is operated by YES WORLD Climate Tech Pte Ltd, based out of Singapore. It is a climate tech blockchain-based startup working on green technology to reduce carbon footprint. YES is the native token for YES WORLD’s Save Earth mission. It is conceptualized to generating awareness around the global warming challenges to bring to critical mass to join the mission and take steps in the direction of reducing carbon footprint from the atmosphere.

YES WORLD is inceptualized and promoted by Save Earth activist Dr Sandeep Choudhary, who has constantly been working to generate awareness of global warming and climate change impacts. Under Dr. Choudhary’s vision and leadership, YES WORLD has championed a noble cause of reducing carbon footprint and bringing forth the issue of global warming and climate change.

Important links –

Twitter – https://twitter.com/yesworld24

CMC – https://coinmarketcap.com/currencies/yes-world-token/

Website – www.yesworld.io

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New Delhi, December 12: Winter is finally here! The season of cold, dry, and frosty weather is here…so introducing Ruchoks and Dibha specialty foods that nourishes your body, mind, soul, and well-being.

The wide range of healthy winter care products and hamper kits are curated exclusively for you to stay fit and fabulous while enjoying the chill winter! Every ingredient in our products is mindfully picked, made with love and care to bring you the best quality of wellness options.

Focusing on the importance of immunity during winters, Dibha has launched delicious and energy packed laddus in a variety of flavours along with refreshing ready to drink instant soups cups which are vegan and gluten free, making it a perfect beverage to keep your body warm.

The metabolism boosting green teas, immunity boosting kadhas and dry fruits, gut health improving makhanas and puffs, skin and hair health promoting dehydrated fruits, body nourishing power seeds, and delicious hot chocolates are all you need to ensure strong immunity and fitness, keeping the illnesses at bay while cherishing the cosy winter moments. For the upcoming celebration season including weddings, festivals and special occasions opt from Dibha’s colossal range of honest snacking options to spectate unique and creative gifting solutions.

According to the founder, Ruchika Bhangdiya “We are completely focusing on growth and expansion strategies through well-established target markets. We have a variety of flavours and exotic packaging for our customers. We efficiently try to customize every order and satisfy our customers beyond their expectations”.

Experience the joy of gifting your loved one’s this winter with beautiful custom-made, goodness hampers. Give yourself the gift of ‘good health and nutrition’ with the right and smart choice of snacking! You’re just one step away from living a healthy lifestyle, so what are you waiting for?

This winter season, get your hands on tasty, healthy, and wholesome food products from our all-goodness brand, Dibha healthy snacking!

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Iyda Payments is one of the best API service providers, and to provide much better services to its clients, they are now going to build a partnership with Federal Bank for Bill Payment Services!

Mr. Deepak, the Founder of Iyda Payments, briefed the media about this one-of-a-kind partnership.

December 12: Iyda Payments, with its trustworthy and secured services, have now become one of India’s most trusted and used rural to neo banking platforms. After the tie-up with numerous service providers, they have now announced their partnership with Federal Bank for bill payment services. Federal Bank is a pioneer in the country’s banking sector, as it is the first Bank to digitize all its branches in India. 

A growing number of customers in India, in both urban and rural areas, choose Federal Bank as their personal, NRI, and business banking partner. The Bank’s motivation comes from its desire to rank among the most esteemed financial institutions in the nation. And the partnership with India’s best and most trusted neobanking platformIyda, Payments, is going to fulfill the vision of digital banking in every part of the country, be it rural or urban. 

They are going to provide the listed bill payment services in this partnership, and these are available in the BBPS system as per NPCI:

Clubs and Associations

Water

Municipal Services

Municipal Taxes

Housing Society

Landline Post-paid

Recurring Deposit

Mobile Prepaid

Life Insurance

LPG Gas

Cable TV

Fastag

Credit Card

Electricity

Broadband Post-paid

Health Insurance

Loan Repayment

Hospital and Pathology

Subscription

DTH

Gas

Insurance

Mobile Postpaid

Education Fees

Hospital

These services will enhance the user’s experience and make it easier for people to use the banking methods daily more conveniently.

Mr. Deepak, Founder of Iyda Payments, said that a partnership between Iyda and Federal Bank would help in boosting the bill payment services, especially in rural areas, which has been the mission and vision of the company. This partnership will provide a more convenient experience to the users!

About Iyda Payments:

Iyda Payments is India’s Most Trusted rural neo-banking platform, which has changed the banking picture in rural areas. The front-end delivery platform and a flawless rural distribution route are maintained by IYDA Private Limited, with over 2.5 lakh retail touchpoints. IYDA is a Fintech company located in India that focuses on financial inclusion and last-mile delivery.

In a very short period, we have accomplished major achievements; over 10 lakh individuals are using our administration every day. Our best-in-class and most skilled resources have extensive expertise in establishing distribution networks, particularly in India. In India, we can swiftly discover and activate your agent services. Our sales staff will swiftly locate agents in mandated territories, do due diligence, and collaborate with customers to activate them and begin service and project operations. The team will also keep an eye on the agent until he reaches a level of stable operation. The group focuses on gaining a comprehensive grasp of the payment and transaction technology space.

The founder of Iyda Payments, Deepak Kumar, has always understood the need for digital services he rural areas, as he has faced such issues. He believes that one of the most important aspects of India’s digital transformation is to start thinking differently because transforming our mindset is the initial stage that will help you in accepting the transformation.

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