Tag: Business

New Delhi (India), September 22: Xfitkids, an award-winning startup in the field of fitness solutions for kids are all set to create an all new gamified version of a Fitness and Nutrition app. Through this app, kids can earn points by participating in online quizzes and challenges, and utilize them for various fitness activities or buying merchandise from the app.

Xfitkids was founded during the first wave of Covid ’19 by Coach Aditya, an ex-banker and now a CrossFit-Kids Certificate Holder. As many kids were getting less active due to the lockdown restrictions, hundreds of Xfit-Kids started their ‘Journey of Fitness’ via online classes on zoom.

Sharing about the startup, Coach Aditya shared, “Playing a sport is very important for each individual; however, not all kids are sports-ready. Some common issues kids face these days are poor mobility, low levels of stamina, and weak bones and muscles. Let’s understand that there are eight major Elements of Fitness: Strength, Stamina, Speed, Agility, Mobility, Coordination, Balance, and Body Composition. Any sport you pick focuses only on 2-3 of these elements. Xfitkids programs aim to create a balance between these elements, to help kids work on their weaknesses and capitalize on their strengths. It is no secret that top athletes such as Virat Kohli and Ronaldo constantly work on their fitness training to be at the top of their game.”

“Post-covid, there is an increasing number of cases of obese and inactive kids. The government and schools largely focus on athlete development programs, where they only train elite performers. Learning and practicing basic movement with good form and posture (building Gross Motor skills) early on in life is important irrespective of a kid’s ability. There should be focus on teaching movement patterns in a gamified manner to indulge everyone in physical exercises,” he added.

Training kids requires a totally different skill-set. There are so many kids but very less qualified coaches. Coach Aditya believes that the gap needs to be filled using technology. Xfitkids has created a video library with a wide range of curricula to train kids with a purpose and structure. “Besides tutorials, funny graphics, anecdotes, and many exercises, we also narrate stories with a moral, social or a health tip to add value. The videos have already been tested and ready for use by schools, N.G.O.s, and other government organizations to make world-class training remotely available to each kid in the country (and beyond).”

To measure progress and promote physical literacy, Xfitkids has designed 7-levels of Certifications ‘V.I.B.G.Y.O.R.,’ now available for all kids between 7-12 years of age. At every level, kids get a manual to read and prepare for an MCQ-based Online Test followed by a physical examination via live video streaming. It acts as a long-term engagement tool for kids to remain hooked on to Fitness and look forward to ‘what’s next.’

The ‘Fitness Assessment and Screening Test’ (F.A.S.T.) by Xfitkids is another innovation to simplify and shorten the traditional fitness testing models that are too lengthy and redundant for schools to follow regularly. The AI-generated scorecard gives a basis for measuring performance and tracking progress. If you are looking for fitness solutions for your kids, check their YouTube handle ‘Xfitkids’ and subscribe to content on the ‘Xfitkids app,’ which is live on Google Playstore.

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Mr. Kalinga Keshari Rath, Chairman & Managing Director of Evos Buildcon Pvt. Ltd

India, September 22:  Paying Gratitude to the Overwhelming Response by Customers in and around Odisha for the Sensational Holiday homes Project ‘Sea Roses’, Mr. Kalinga Keshari Rath, Chairman & Managing Director of Evos Buildcon Pvt. Ltd said, “Sea Roses are to present itself as a means to take a break from the daily hustle & bustle of Life. It will be a place where you can reconnect with your inner self and can rejuvenate”.

Notably, Evos Buildcon Pvt. Ltd., one of the pioneers in catering for the luxury Real Estate segment of Odisha with its premium Architectural wonders, had launched its most anticipated Holiday Home project, named ‘Sea Roses’ at Sipasarubali, Puri, Odisha, on 23rd October 2021 in an astounding launching event at Hotel Pal Heights, Bhubaneswar.

In Just a few months, the Project has sold more than 200 units to customers in and around India. Now the Construction is going to enter Phase 2.

While talking about the construction progress of the Project, Mr. Rath Said, “We strongly believe in delivering our commitments, and we never compromise with quality because at its core evos is founded upon the concept of quality & customer centricity. The Construction is in full swing, and we have prepared a sample flat for you to experience what it would be like to be a proud owner of Sea Roses. I urge you to come and experience the best that Sea Roses can offer.”

Among the four revered dhams in Hinduism, Puri attracts a large number of pilgrims each year to the most famous Lord Jagannatha Rata yatra (Cart Festival). Located away from the hustle and bustle of the city, Evos Sea Roses is the ideal setting to relax and enjoy the serine environment of nature. Due to the large number of tourists visiting Puri during festival time, Sea Roses serves as one of the best holiday homes. It’s built in such a way that it faces the sea beach, which is within walking distance. Providing six different types of 1 BHK & Studio Apartments for its customers, Sea Roses offers them the much-needed choice to take a break from the mundane routine of the city and re-discover themselves amidst the beauty of Jagannath Dham.

We have named this Project Sea Roses because Rose signifies ‘Love’ and Sea Symbolize that Human beings are made out of nature, so human beings can be healed and rejuvenated only with the help of nature, and that is what makes Sea Roses – a place where you can get connected with the roots of Nature” said Sri Kalinga Keshari Rath, Founder & Managing Director of Evos Group.

With Modern Amenities such as Horizon Swimming Pool, Gym, Spa, Yoga Centre, Open Cafeteria, Community Hall, Landscaping Garden and many more, Evos Sea Roses presents itself as the perfect accommodation partner for a Fun-filled time, where every day can be a Holiday.

The Project is duly approved by Odisha RERA (Vid Reg. No.: RP/26/2021/00530), Puri Konark Development Authority (PKDA) and All leading nationalized banks. The Construction is being done by one of the best construction companies in Odisha, SPD construction, on a total Super Build-up Area of 23464.49 sqm, and as of now, more than 20% of the Construction has already been completed.

A renowned name associated with the real estate industry in Odisha is Mr. Kalinga Keshari Rath, also referred to as K.K. Rath by his peers. Unlike many other business entrepreneurs who inherit their businesses, Mr. Rath is the proud owner of his empire. He was born into a modest middle-class family and subsequently pursued an entrepreneurial career. He has only been able to enter and dominate the Odisha real estate market as a result of his strong determination and concrete commitment.

The establishment of Evos Buildcon Pvt. Ltd. in 2010 marked the beginning of a revolution in the Odisha real estate industry. Kalinga Keshari Rath is the mastermind behind his brainchild. Evos has been widely recognized as one of Odisha’s most reliable real estate companies for the past twelve years. One of the largest infrastructure companies in Bhubaneswar, Evos Buildcon Pvt. Ltd., has developed more than 25 luxury residential projects in Bhubaneswar’s most desirable locations. Evos has Successfully completed the Construction of more than Two lakhs Eighty-nine thousand (2,89,000) Square Feet and nearly Eight lakhs Eighty-Five Thousand Sq. Ft. of Construction is going on on a massive scale.

YouTube Link: https://www.youtube.com/watch?v=g-6wyGhl1Ms&t=47s

KK Rath’s Personal Page: https://kalingakesharirath.com/

Evos Main Website: https://evosbuildcon.com/

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September 22: Business Consulting services have been the backbone of the corporate management sector. This sector has gone bigger exponentially, especially in the Indian market. As a result, consultants have taken their rightful place in the business sector. Such is the story of Bhaskar Reddy, one of the experienced pioneers in the Indian business consulting segment. His expertise is mainly in start-ups and the global IT and ITES industry. Throughout a considerable long career which spans a long time of almost 25 years in the field of Consulting, Business Growth, and Strategy, having held leadership positions across organizations, from start-ups to global IT companies. He is widely recognized for leveraging people, technology, and processes to drive performance and deliver business objectives.                                         

Bhaskar started his career as an entrepreneur and founded his own boutique consulting entity focused on servicing products. With that strong foundation in place, he moved on to leadership positions to advise, design, and implement transformational solutions in specialist functional and industry areas.

Bhaskar’s speciality lies in making prudent plans tailor-made for the specific companies that engage him. Before his current role, Mr. Reddy helped to build offshore Managed Services and Global Shared Services centres in India, including for one of the top 4 consulting firms- Capgemini India, with aggressive plans for global expansion. A key part of his expertise and experiences lies in anchoring Offshore/On-shore Consulting Units for Global Delivery, developing offshore strategic plans, managing, and improving performance, including process, control design, shared services models and outsourcing services and entities.

His stint with one of the US-based global consulting firms involved leading midsize transformation programs and helping companies identify new business opportunities, restructure their capabilities and internationalize their businesses in India and emerging countries.                                                                                       

Bhaskar has made a very effective network of global shared services centres in India, which have worked towards shaping identities and creating brand value for various organizations. Promoting tangible results as the practical goal of a consultant, Bhaskar wants to bring a new dawn to the consulting scenario in India.

 When asked about his journey so far and his experience in the consulting industry, he said, “Throughout my career, I have constantly focussed on identifying markets and internal opportunities, and stimulated resources, to deliver strong and sustained contributions to revenue, margin and business growth of organizations on behalf of leading consultancies and IT/BPO firms.”

“Consulting is poised for a big transformation— those times when a consultant would present his/her strategy and walk away are long gone. Now it’s about walking along with the customer, engaging in their implementation journeys and enabling them to achieve tangible business outcomes.”

Bhaskar has made a considerable mark in the consulting industry in India and abroad. Companies have been rejuvenated and found themselves in a considerably better position under his guidance. He has slowly and steadily built up a reputation of being a respected professional and one who always works for clients, in light of his works and achievements, which spans over 25 years, Thanks to leaders like him and others in the consulting industry who have contributed to this growth.

Business Mint and Nation awards recognize and applaud Bhaskar’s efforts and have awarded him the “Most Prominent Leader of the Year 2022” under the Business Consulting Category.

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September 22: There is a notion that all the technology companies in India are born out of big cities like Bangalore, Hyderabad, Pune, Gurgaon, and such. Though this might have been true in the past, today, the tech landscape of India is changing, and new companies are mushrooming in smaller cities as well. HCode Technologies is one such tech company based in Karnal, a small (& upcoming smart) the City of Haryana, nestled between Delhi and Chandigarh. HCode is a brainchild of Shweta and Shashank Singla, batchmates at IIT-Delhi, and now a real-life couple. Preceding HCode, they both worked in New York- Shweta as a VP at Goldman Sachs & Shashank at his startup funded by Human Ventures. 

In 2018, after feeling a sense of missing identity in a foreign country, the Singlas realized they would instead serve their country. The duo decided to take a plunge and come back home to India. After several months of self-exploration, they felt a significant lack of good work opportunities in small cities such as Karnal. HCode was born in August 2019 in an old factory of Shashank’s father. HCode started by taking up projects from Shashank’s industry connections, startups mainly in NY. They set up the company with a strong focus on professionalism and quality work, a combination they had seen while working in New York. Soon their batchmate from IIT- Delhi, Rakesh Sehgal, ex-co-founder of Paytunes, joined the team and moved from Delhi to Karnal. 

Later years saw more senior management joining the team, like Rishabh Garg from NIT Durgapur with 10+ years of experience in senior engineering roles, and Harshit Garg from NIT Kurukshetra and NITIE with experience working at the CEO office at a multi-billion USD enterprise.

What does HCode do?

HCode is an IT services company. It builds tech products and provides engineers on demand to startups and enterprises. It has recently ventured into the Blockchain space as well. Most of the HCode clients are US-based. It is astonishing to know how a small company from Karnal is building software for Silicon Valley Startups and has also serviced some Y-Combinator startups. The founders say they have no sales team, and all of their new business comes from referrals from their existing customers. This in itself is a testament to their quality of service. Shweta said, “While our choice of place is non-conventional, our clients get at-par or better quality of work than any other respectable agency.” The work-with-us page on the HCode website reads, “We keep our working hours sane so that you get time for whatever else is important in your life.”

Working at HCode

Rakesh elaborated on this by saying, “We do not believe in rewarding long working hours. Working late nights on weekdays or weekends does not serve as a mark of working hard. We set clear expectations on work timings with the clients as well.”

It is only possible to maintain a high delivery standard while maintaining a work-life balance by hiring the best fit for each role. In order to ensure this, Hcode has a rigorous process for hiring the best engineers. Currently, more than a quarter of the HCode team comprises alumni from TIER 1 engineering colleges such as IITs and NITs. In line with that thought, HCode operates from a plush state-of-the-art 10,000 sq. ft office within a 24,000 sq. ft. campus. The campus houses an in-campus basketball cum badminton court, a lush lawn that doubles as an open office in winter, a small gym, and space for Table Tennis. A couple of employees say that based on the quality of work, professional culture, and work-life balance, they find it hard to imagine working at any other company.

Completing 3 Years & Celebration in Thailand

Completing three years in operations, and being profitable from the start, was a key milestone for the company. To reward the efforts of the people who made it possible, the company decided to take the team to Phuket on a fully sponsored 4-day vacation.

On asking why they chose to go international, Shashank said, “We knew that an international trip adds a lot of confidence and broadens a person’s horizons. It contributes immensely to their personality and growth. We wanted our team members to have this experience as well. In hindsight, it turned into a much more enriching experience than we had imagined for everyone.”

What is next?

The company is expanding in depth and breadth by onboarding individuals who can help scale up the existing business. The company is also exploring new avenues for growth by forming partnerships with various product companies. HCode has recently opened its New York office and is about to launch its offices in Sec-62, Noida, and Dwarka, Delhi.

Shashank said, “We are grateful for the amount of trust endowed on us by both our team and our clients. We provide an environment for our people to deliver their best work and invest in their growth. We are proud to say that we have become an employer of choice for many in a short period of time.”

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Panchkula (Haryana) [India], September 21: Yield Group of Companies has been rated by two reputed international agencies as low risk to work in the financial sector. The DCC (Dubai Chamber of Commerce) has rated Yield4Finance AA for the services being provided to the clients, and DNB (Dun & Bradstreet) has rated 1A.

With the constant efforts of Managing Director of Yield4Finance, Mr Vipul Chadha, the company is attaining new success marks every day. Credit ratings are essential for firms to sustain in the densely competitive market. 

Furthermore, Yield Group of Companies is ISO 9001 2015 compliant to stay ahead of the market competition and is able to provide the most reliable services to their clients globally.

What Is Credit Rating?

A detailed analysis of credit risks related to the financial firm and the financial instrument is known as a Credit Rating. Primarily, these ratings are based on the company’s financial history of lending or borrowing worthiness. Various credit rating agencies publish these ratings after analyzing different factors about the company being rated. 

According toYield4Finance’s Vice President Javela Macalalad the firm has always protected their clients from scams and fraud in the market. The reliable credit ratings are evidence that Yield4Finance is ahead of its competition to provide the best services to its clients in the most protective manner. 

According to Yield4Finance’s AGM MsAnna Perello says that, the company works in a sensitive trade finance market, where scams and fraud happen daily. Therefore, to protect those trades, they provide guarantees from reputed and regulated banks and institutions like Documentary credits (DLC), Standby letter of credit (SBLC) and various types of guarantees. These guarantees assure buyers of safer trades and more manageable cash flow. 

It is essential to be reliable to offer these types of financial instruments, and the credit ratings empower the firms to work seamlessly. 

What Are The Perks Of Good Credit Ratings?

Many financial firms often seek an upgraded credit rating, which clearly suggests its importance. After analyzing all the financial statements, annual reports, news pieces, and further vision of the firm, the credit ratings are given. Here are a few of the importance of credit rating:

The financial institutions with higher credit ratings offer services like SBLC, bank guarantees and more at reliable lower interest rates.

A good credit rating enhances the overall working and the offered services by the financial firms. It encourages the firms to provide even more smooth & authentic financial services. 

An excellent credit rating of Yield4Finance, allows the investors to make a trustworthy investment decision, considering all the finance risk factors.

How Yield4Finance Achieved The Top Grade Credit Ratings?

Yield Group of Companies is constantly working towards revolutionalizing the global trade scenario by providing tailor-fit services. The top-notch services include SBLC, Bank Guarantees, Documentary Letter of Credi, etc. 

The firm has bagged two renowned credit ratings from global rating agencies with its proven record of transparent working processes and customer-centric services. As per the Chairman of Yield4Finance, Mr Sanjeev Chadha, the mantra of success is to just keep going. The firm incorporates management with years of experience in trading, with strong links with trusted banks and financial institutions.

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Jaipur (Rajasthan) [India], September 21: Diwali is the synonym for celebrations not only in a country like India but worldwide. So in this season of carnivals, Navratan, the online gem Bazar, brings you the biggest festive Sale on all Colored Gemstones. From super rare Royal Blue Sapphire and Alexandrite to Red coral and Hessonite, you will get it all in one place at the most competitive price segment. You can also have your hands on the broadest range of exclusive Kashmir Neelam and Basra Pearls. Customers will get a flat 10 per cent discount during the big billion Navratri sale from September 26th to Oct 5th and then the next big billion Diwali sale from Oct 20th to Oct 27th.

Navratan is the home to the most extensive collection of precious and semi-precious gemstones in all carat sizes and budgets, together with a certificate of authenticity. Moreover, it has evolved into a trusted name in the industry of colored gemstones, with more than 1 lakh happy customers worldwide. Besides certified gemstones, you can also get customized gemstone jewelry of your choice and budget at Navratan, the online gem Bazar.

Navratan emphasizes to makes buying gemstones online more effortless than ever before. In the post-pandemic era, when business models are embracing their online presence to survive, sustain, and grow, Navratan is on a mission to change the popular misconception that online gemstone shopping can be misleading. In other words, Navratan addresses all the conventional fear factors pertaining to gemstone shopping and provides its customers with authentic gem products and exceptional customer services.

The broad spectrum of gemstone offerings here includes Blue Sapphire (Neelam), Yellow Sapphire (Pukhraj), Ruby (Manik), Emerald (Panna), Pearl (Moti), Cat’s Eye (Lehsunia), Diamond (Heera), Coral (Moonga), and Hessonite (Gomed). Navratan also holds the pride of carrying the widest assortment of highly rare and exclusive gemstones, such as Alexandrite, Burma Ruby, Columbian Emerald, Cornflower Blue Sapphire, No-Oil Emerald, Kashmir Blue Sapphire, Padparadscha, Panjshir Emerald, Pigeon Blood Ruby, and Royal Blue Sapphire.

The Rich History of Navratan

The Gemstone Co. has introduced its e-commerce platform, Navratan, the online gem Bazar, to facilitate the purchase of certified precious gemstones in the global marketplace. With an intent to bridge the gap between gemstone buyers and authentic gemstone sellers, the company has dedicatedly developed a trustworthy platform to make both parties meet without any middlemen.

Navratan, the online subsidiary of The Gemstone Co., is the brainchild of Jay Thakural. Observing the customers’ shopping preferences shifting towards online buying and heeding for a paradigm shift in the gemstone shopping pattern, Jay identified the right prospect to take his 85 years old family gemstone business to the next level via Navratan. He is the 4th generation entrepreneur of his family business who is carrying the clan of legacy online since 2020.

According to Jay, “When it comes to gemstone shopping, be it offline or online, the major concern that looms over a buyer’s mind is authenticity and purity of the product. We cannot deny the fact that issues of imitated gemstones and over-pricing are holding back the gemstone industry. In this scenario, Navratan is here to introduce the rarest precious gemstones to the ultimate consumers. In order to ensure the safe arrival of the stone to the end consumer, we have placed a great emphasis on the packaging process. Our shipping is insured and goes worldwide with renowned logistic partners such as DTDC, Sequel, and FedEx.

Our fine-quality gemstones are certified by international gem labs such as SSEF, GRS, GIA, or Gubelin. It not only boosts customer reliance but also establishes transparency and trust for the industry as a whole. Navratan caters to both astrological and aesthetical drives. You will get all varieties of Vedic stones along with Astro consultation and pooja energization. At the same time, we provide mesmerizing colored crystals for fashion jewelry and gifting purposes. On top of that, our products are reasonably priced to fit every customer’s budget,” he added.

Headquartered in Jaipur, Navratan has its footprints in New York, Bangkok, and Sri Lanka as well. With an envision to create an e-commerce platform where sellers can directly list and sell their certified gem products to the end consumer, Navratan is emerging as the Amazon for gemstones. Explore www.navratan.com to Buy Precious Gemstones Online at the best price.

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Tamil Nadu, September 21: Alice Blue has registered healthy growth in Mutual Funds investment over the last two quarters. It has been registering a 20 percent quarter on quarter growth. The company had recently forayed into Mutual Fund investments. Through this initiative the company has been offering its customers investments through Direct Mutual Fund Schemes.

Through Direct Mutual Funds Platform customers benefit from directly investing in Mutual Fund schemes withouth any third party involvement resulting in lower costs. Additinally Alice Blue Mutual Funds charges zero commission on the invesments.

Commention on the new initiative, Mr. Siddhavelayutman, CEO, Alice Blue, said, “over the next two quarters we are expecting an higher growth in mutual fund investments.  Our objective in offering direct Mutual funds is to bypass the distributor and or agent whos fees come attached to the fund. Our platform will by pass this by eliminating this asociated costs making investing in Mutual funds cheaper. Moreover, our Mutual Funds Investment Platform is an easy to use and robust platform that is free for all our clients.

Alice Blue offers the following mutual funds operating in India — Equity funds, debt funds, ELSS Tax funds and balanced mutual funds.

The objective of mutual funds is to cut short on individual research and bring out a pre-defined investment option. And Alice Blue adds more to it by giving you a smooth, easy-to-use, and robust Mutual Funds Investment Platform that is absolutely FREE for its clients..

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September 21: SEO is one of the fundamental realities of modern marketing. It’s critical to understand the difference between old-style SEO and modern SEO in particular. There is literally a world of difference.

When SEO first started, it started as a very simplistic form of search criteria and then degenerated into “keyword spam” full stop Google, and other search engines soon put a stop to that, creating contextual searches and, more recently ”, helpful” search criteria. That’s the broad brush picture. But it’s not the whole story. There’s a lot more to SEO than keywords and spammy information in the meta.

SEO is an area where experience generates savvy. If you have a lot of experience, like Rajesh Kumar’s decades of SEO, you learn what’s a good SEO idea and what’s not.

There’s a series of issues here.

More is not better. A single good key phrase or keyword metered to the specific market will be much more effective. These keywords are sourced by rigorous analysis and a thorough understanding of the market. This type of meta will be much more effective.

Bad meta is bad business. Using old-style keywords and meta is a surefire recipe for total failure in search rankings.

There is no one-size-fits-all SEO for any business. All businesses are different, and all businesses need their own specific SEO. That might sound like a no-brainer, but strangely enough, even the same businesses in the same area all need to emphasize their selling points and highlight their business specialities.

You can see how this might impact even the most basic SEO. The strange thing is that so many SEO “specialists” Seem to do cut and paste work which simply does not meet market needs.

(Much less impressive is the fact that this type of SEO also doesn’t meet search ranking criteria. In effect, It’s the exact opposite of what their clients actually need.)

It’s fair to say that Rajesh Kumar has seen it all in his various areas of e-commerce. Working across an extremely wide range of different types of business, from the international Jewelry, Real Estate, Hotel, and gemstone market to working as an Instagram influencer common there’s a lot of serious major league experience behind his work.

Rajesh makes a point of staying at the forefront of current SEO. The business reality here is that if you are not up to date with current Google rules and search criteria, you might as well be playing marbles. Out-of-date SEO couldn’t win a game of marbles in the modern market.

Real SEO expertise is all about leveraging top-quality SEO choices and options, not just going through the motions. The sad fact is that many people simply do not get SEO. They don’t even understand the basics. Rajesh spends a lot of time helping people with dysfunctional SEO for that reason.

If you’re looking for some help with your SEO and marketing realities, Rajesh Kumar Who’s the guy to talk to. He’s literally been there and done that, and he’ll be able to help with any services you need.

https://marketingbyraj.com/

https://www.instagram.com/marketing.by.raj/

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Shreyansh Chandak, Manager, Partnerships and Programs, South & Southeast Asia – Village Capital

Village Capital’s Future of Work India report provides added evidence of the need to further invest in the sector, and support the innovations that help bridge skill gaps, enhance employability, and produce job-ready candidates who can compete with the global workforce.

1) Village capital has recently released the Future of work report. What is the core idea behind this report and how do you plan to realize the vision of preparing India for the future workplace with it?

Shreyansh C: The report is the culmination of our learning from the Future of Work program implemented last year. We received an overwhelming response with over 500 applications from startups across outcome-based learning programs, HR tech solutions, and the ones on a mission to increase productivity, employee engagement, and vocational skills.

The rising need for skill-based education has made the sector popular over the past decade. EdTech became the third most funded sector in India, attracting an investment of $4.7 bn in 2021. Our report was an attempt to bring attention towards the rising skill gap and the need to further boost the EdTech sector. We aim to support the innovations that will help bridge the gaps, enhance employability, and produce job-ready candidates who can compete with the global workforce. This is to fight the most critical roadblock that has hit the Indian job market post COVID.

2) How deeply rooted is the problem of the skill gap in India? How, according to you, can technology help bridge the gap?

Shreyansh C: The unemployment rate in India remains above 7%, and while the government recently pledged to create six million jobs over the next five years, at least 90 million jobs still need to be created by 2030 to accommodate the growing employment-seeking population. India’s growing prowess in the tech space gives hope for the future. We see great potential and promise in technology startups that are reinventing the way in which education is delivered and consumed, making learning methodologies more outcome-oriented, making hiring and onboarding processes more efficient, and designing tools that improve workplace productivity. From being educated to being employable, the roadmap is being created by transformational education technology and edtech startups.

3) How mature do you think the Indian startup system is to accommodate the growing need of creating a skilled pool of workforce and lead the education to build a future-ready workforce?

Shreyansh C: The sector is growing in nature. We have seen a number of new entrants emerging in the space that have attracted huge pools of capital. But in the aftermath of covid, when users/customers have started going back to more traditional learning methods and processes, several of these new-age businesses are struggling.

We expect to see more collaboration within the ecosystem to better support the diverse needs of founders as well as the emergence of a more mature ecosystem with more robust business models that will serve both the offline and online learning ecosystems.

4) VC has already supported 18 startups in future of work. As an entrepreneur support organisation, what did you look at the startups to qualify for the program? What are the areas where opportunities haven’t been tapped yet?

Shreyansh C: We primarily look at 8 different parameters while evaluating a startup – team, problem & vision, product, value proposition, business model, market, scale, and investor exit. Additionally, we consider the impact of the product/service on the end user.

5) What are the major challenges faced by startups in the sector and where do you see the investment trend going?

Shreyansh C: Increasing customer acquisition costs, bringing a high quality / productive team, differentiation in offerings, and long sales cycles for b2b2c businesses are some of the challenges we have seen the businesses struggling with.

Over the last 2 years, we have seen a lot of capital going into early-stage businesses. Over the next 18 months, we expect a lot more consolidation to happen. Growth stage / mature companies will raise capital for acquisitions and that’s where we see an increasing opportunity – in private equity / late-stage investing in the sector. Additionally, early-stage businesses with a strong moat (product/story that sells) will continue to attract and raise capital.

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Mr. Gaurav Jalan, Packman

Work with Packman Packaging for your Custom Packaging needs.

September 20: Consumers are nowadays reacting sharply against overpackaging. Recent studies also suggest that consumers value sustainability and the environment and are keeping them in mind while purchasing, even during pandemic times.

Overpackaging is when any packaging that is seen as excessive and is not fulfilling a condition or function that is deemed as necessary. An instance of this is a package that is double, or even triple, the size of the actual product inside.

The negatives linked with overpackaging

For quite some time now, it has been known that overpackaging has a hugely negative impact on the environment. The several problems that packaging makes for the environment include the decrease of valuable resources, effects on animal and plant species, and the number of raw materials and energy used for the production and recycling of excessive packaging.

Overpackaging also forms an economic cost that gets passed on to the buyers and then eventually to waste treatment entities. For businesses, the inefficient utilization of resources means extra money wasted. Adding layers over layers of protective materials without acknowledging their effect when it comes to transportation costs, conservation requirements, or kinds of use or consumption expected isn’t quite profitable, yet there are several businesses that continue to do so.

Polyethylene, polyurethane, polypropylene, PVC, or PET are some of the most commonly used packaging materials. According to Greenpeace (2018), it is estimated that just 9% of plastics are recycled, 12% are incinerated, and 79% end up either in landfills or in the environment, with more than 12 million tons each year being dumped into the oceans.

Now, do not get it wrong, protective materials like the ones listed above are quite important and beneficial to your overall packaging solution, but the key is to incorporate them in a more efficient way. If you can minimize the size of the package, you are less likely to require as much protective material. 

In order to restrict the drastic impact that overpackaging is creating on the environment, it is important that everyone emphasizes recycling and the reuse of those products. 

Use a Custom Packaging Solution

So how can one avoid overpackaging? It’s easy, actually. Make the decision to apply a custom packaging solution for your products. With a custom packaging solution, you will not need to worry about excessive leftover materials that harm the environment, cost you more money, and leaves your customers utterly unsatisfied. Custom packaging is uniquely created to fit your product and your product solely, meaning that the appearance and feel of your product inform the design process.

Extra Benefits of Custom Packaging

Not just does applying custom packaging help you to avoid the problem of overpackaging, but it also has a lot of other benefits that you will see below:

Customer Satisfaction – By applying custom packaging solutions, you can make sure that your customers are not merely satisfied with your product but with your packaging too. By giving them a pleasant unboxing experience, you will be able to leave a lasting impression that will make them order from you again. 

Product Safety or Protection – Making sure the arrival of your product to your customer’s doorstep is in the exact condition as it leaves your warehouse is essential if you aspire to run a successful business. With a custom packaging solution, you can be certain that it will. Through a design formed around your product, there is no additional room in the packaging for your product to toss and turn and possibly break. A custom packaging solution relieves you from the headache linked with worrying about your item’s safety.

Price -Efficiency – Because corrugated fiberboard is sustainably formed from trees and old recovered corrugated containers, it is quite cost-efficient to make. It also has an industry recovery rate hovering close to 90% over the last several years. 

So what does this all mean for you and your business? It is time to implement a custom packaging solution for your products.

At Packman Packaging, we create custom packaging boxes that are tailor-made to your specific business needs. The days of looking at your packaging as simply a plain box are gone. Start thinking about how you can better improve your product while additionally cutting down on overpackaging. With our design capabilities, Packman can make certain that you are able to do simply that.

Packman’s design team will assist you in maximizing your product’s performance during handling, storage, and also shipping. By assisting design a solution around your specific requirement, Packman Packaging will be able to help you navigate the present-day challenges you’re facing. 

Packman Packaging has been helping companies make their packaging processes more impactful and efficient for more than two decades. Contact Packman Packaging today to learn more about custom packaging. Packman Packaging Pvt Ltd is India’s top custom corrugated box manufacturer and supplier across several business segments, including e-commerce, retail, and FMCG.

Please visit the website link for more information: https://www.packman.co.in

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