Tag: Business

  • Inspired by Indian Railways, Meta Rail is an NFT based upcoming play-to-earn game on the Solana blockchain

    Inspired by Indian Railways, Meta Rail is an NFT based upcoming play-to-earn game on the Solana blockchain

    Read Time:2 Minute, 3 Second

    A unique opportunity for gamers, NFT enthusiasts, and crypto investors

    March 16: Imagine buying digital artwork on the internet at a reasonable price and getting a unique digital token known as an NFT which proves your ownership over the artwork you bought. Wouldn’t it be just amazing? Now imagine holding these NFTs not just for the value of art and ownership but also to utilize them and give a purpose for the investment. That’s exactly what the Meta Rail game project is all about.

    NFT stands for Non-Fungible Token, which means it can neither be replaced nor interchanged because it has unique properties encrypted under a smart contract.

    NFT is a digital asset that represents internet collectibles such as art, music, and games with an authentic certificate created by blockchain technology that underlies Cryptocurrency. It cannot be forged or otherwise manipulated.

    Meta Rail is one of such unique NFT based projects you should not miss.

    Meta Rail is an upcoming P2E arcade-style game, on the Solana blockchain. It is a decentralized public space within a metaverse, which is an immersive virtual reality environment. Meta Rail will allow players to earn, grow and invest in cryptocurrencies by playing games.

    The Mumbai based experienced team behind this project has announced their intent to make Meta Rail one of the first Rail based decentralized Autonomous organizations (DAO). It is also the first such kind of project ever made on the Solana blockchain.

    Meet the creators, Amit G. and R. Sanket, born and brought up in Mumbai. With their decade-long experience in comics, games design, animation, and crypto, they are now bringing this unique metaverse game, inspired by the Indian Railways (chiefly Mumbai local trains).

    Team Meta Rail, in partnership with Meme Cake recently closed their private sales, closing around 1000 NFT bookings out of 10,000 total supplies. They are now inviting all Gamers, NFT enthusiasts, and investors across the globe to be a part of this extraordinary project on Solana blockchain and hop on to the Meta Rail public sale which is planned to be released around 1st week of April 2022.

    For Public sales, announcements and the latest updates Follow Meta Rail here on Twitter https://twitter.com/Metarail_Sol

    Any interaction with the Meta Rail tweets will be considered for Whitelisting, and a chance to win a free NFT, so follow, retweet and tag your NFT-philic friends now!

    Stay tuned! Meta Rail, arriving soon!

  • Mr. Satish Kumar Bandi, Chairman and Managing Director of Steel India Exchange Limited, on the Cover story of Tycoon Global

    Mr. Satish Kumar Bandi, Chairman and Managing Director of Steel India Exchange Limited, on the Cover story of Tycoon Global

    New Delhi (India), March 15: Tycoon Global Magazine is an independently published global media and publishing house that brings the latest news from different segments of Entrepreneurs, Life, Fitness, Fashion, Beauty, Lifestyle, Business and Entertainment in the International & Domestic arena. Tycoon Global Magazine serves up fresh, provocative and insanely addictive business and lifestyle tips and content for our dedicated readership. Our content appeals to affluent readers from every walk of life with a predilection for the finer things of life. They are moving faster than ever and continue to work solely for actual practitioners, honest people. A peerless magazine in its genre, every issue of Tycoon Global Magazine is incomparable because of our unique concept. Their team of experts worldwide selects people from different walks of life education, impact, influencers, society, substance and creating a difference at large who deserve to be on the cover & inside pages. They publish about the selected stalwarts who generate a mark on the national and international scenes through the power of knowledge, entrepreneurship, business acumen, social services, art & culture, contribution in fashion, Bollywood & Hollywood. The Magazine comes in both digital & Hard copy formats.

    In one of their articles, Mr. Satish Kumar Bandi, Chairman and Managing Director of Steel India Exchange Limited, is featured. His leadership has transformed the dreams of hundreds into realities. Furnishing quality as an attitude, not as a product, Mr. Satish has genuinely set a mark to be followed in the sector. Steel Exchange India Limited has been established in iron and steel manufacturing since and has the most significant private integrated steel plant in the Telugu States of Andhra Pradesh & Telangana. The company aims to grow as a quality steel product hub, increasing its customer base and clientele. In his interview, he said, “We survived the pandemic, and we never laid off any employees during the time. We are planning to unlock the real value of our company by using our existing railway sidings to diversify into the logistics business. We are also planning to manufacture specialty steel wire products.” He moves to be a real inspiration for many entrepreneurs out there.

  • BabyChakra becomes First Digital Platform Globally to build a Holistic Advisory Board Comprising of Health, Early Education, Workplace Integration & Peer Inspiration for Millenial Parents

    BabyChakra becomes First Digital Platform Globally to build a Holistic Advisory Board Comprising of Health, Early Education, Workplace Integration & Peer Inspiration for Millenial Parents

    This is the first time 30+ experts have come together to build a better tomorrow for parenting, together with parents

    Mumbai (Maharashtra) [India], March 15: India’s most trusted parenting platform BabyChakra launches a first-of-its-kind Advisory Board featuring top experts from different fields to benefit millennial parents with the appropriate healthcare, early education and work-life inspirations and insights to take better care of themselves and their children. BabyChakra aims to build a holistic care ecosystem that helps parents navigate these challenges across health, wellness, nutrition, early childhood, developmental milestones, and parents going back to work.

    BabyChakra has built a community of over 25 Million+ Mothers and over 10k+ Doctors & Specialists. With our Advisory Board, we’re progressing to building a trusted panel of Top Healthcare Experts, Early Childhood Educators, Corporate Leaders who champion workplace inclusion and Influencer Parents who are top voices in their own spaces. These experts include top Key Opinion Leaders in Healthcare: Dr. Duru Shah (Director – Gynaecworld, Founder & President PCOS Society, Author of bestselling book – Pregnancy & You, Dr. Anupam Sibal (Group Medical Director, Apollo Hospitals Group) Dr. Saurabh Dani (Obstetrics & Gynecology Specialist) Corporate (DNI & HR Leaders): Rohit Chennamani (Co-founder – Darwinbox, Ex-Google, Mckinsey) Smriti Krishna Singh (Former Group CHRO, Flipkart & Author :“The past, present & future of work”), Ravishankar (former CHRO HCL Technologies), Early Childhood Educators: Fatema Agarkar (Founder the Agarkar Center of Excellent & Vice President of the Early Childhood Association) Swati Popat (Global Early Childhood Expert, President of Poddar Education Network & Founder of the Early Childhood Association), Lina Ashar (Founder – Kangaroo Kids & Billabong High International Schools, Co-founder – Korroboree – Online School; Parents who are Inspirational to millions of other parents: Deepshikha Deshmukh (Producer, Entrepreneur), Zahra Jani (Social Media Creator), Harpreet Suri(MomBlogger & Influencer), and Shweta Mukherjee (Founder – SocialKnot, Content Creator), Varun Duggirala (Entrepreneur & Founder – The Glitch, Podcaster & Author) among others. They will help us understand the challenges parents like them face and advise how BabyChakra can accommodate the needs of different parents to become a one-stop solution and ecosystem of care for all parenting needs.

    Different experts will help to tackle other problems like pregnancy and early childhood; parents need help with tracking the milestones around development, breastfeeding, nutrition, growth, etc. This is where the inputs from Healthcare Experts will be most valued. As the child grows older, the parents need the support and advice of Early Childhood Educators in understanding the best practices they can adopt to ensure their child’s cognitive, mental, and emotional milestones are met.

    The Parents who Inspire will bring in the expertise to understand the challenges that parents in their workplace or communities are talking about and need help with. The Corporate Leaders constitute Top HR, Diversity, and Inclusion Initiative Leaders that bring in the understanding of challenges that parents are facing at work. These challenges can look like moms joining back their jobs, how parents incorporate their parenthood with their jobs, and more.

    Commenting on the occasion, Naiyya Saggi Co-Founder – Good Glamm Group Founder & CEO, BabyChakra said,” As parents, we do not exist in silos. To be the best parents to our children, we need support, expertise & inspiration from experts, workplaces & peers in our journeys. BabyChakra is proud to be the first parenting platform globally to announce the launch of a multi-sectoral Advisory Board composed of top experts, corporates and parents. With the Advisory Board, we aim to build a complete care ecosystem that will help parents get support across any context that they need to navigate challenges in parenting. The Advisory Board is a by-invite cohort of top Key Opinion Leaders and Nationally Recognised experts in their categories and will function to help BabyChakra use its digital assets and reach to build digital solutions for Indian parents at different times in their lives and help BabyChakra accomplish its overarching long-term goal is to ensure every parent in India feels supported with its virtual care ecosystem.”

    Our Advisory Board experts were selected through an invite-only process that focused on individuals strongly aligned with our mission. Currently, Babychakra is available in 5 different languages and has a diverse set of tools like Pregnancy Tracker for Moms, Growth & Vaccination Trackers for Babies, Personalized Feed with Daily Tips & Posts, Live Chats with Specialists, and more to help parents navigate their parenting journey. With the help of our Advisory Board, our solutions can look like enabling relevant content pieces or facilitating specific Doctor Chats, Q&As, Back to Work Re-Skilling, Managing Work and Parenting Challenges or any other resources to support parents better.

    About BabyChakra

    BabyChakra is India’s most trusted parenting platform. The platform has a community of 25 million moms and 10,000 doctors from across India. The Website (www.babychakra.com) and App (https://play.google.com/store/apps/details?id=app.babychakra.babychakra) provides expecting & new parents with relevant information via intelligent communities & personalized content. It also creates a unique care network through access to trusted doctors and experts. BabyChakra is co-creating baby products with Mom’s and Doctors on its platform. In August 2021, BabyChakra was acquired by the leading DTC beauty brand MyGlamm. In September 2021, MyGlamm, POPxo and BabyChakra consolidated under one umbrella company – The Good Glamm Group, South Asia’s largest DTC beauty conglomerate that brings together innovative and fast-growing beauty personal care brands, powered by the Group’s proprietary digital ecosystem of content and creator assets. Naiyya Saggi, Founder & CEO BabyChakra is also the Co-Founder & President of the Beauty & Personal Care Unicorn Conglomerate, The Good Glamm Group. Under the G3 umbrella are beauty and personal care brands – MyGlamm, The Moms Co, St. Botanica, Sirona and Organic Harvest, as well as content platforms – POPxo, Scoopwhoop and BabyChakra. Good Glamm Group has invested in the Good Creator Co. formed by the spinning off of its influencer companies – Plixxo, MissMalini, Winkl and Vidooly.

  • Build Automation Resilience with QuickReco Tool

    Build Automation Resilience with QuickReco Tool

    March 15: It’s no secret that digital technology has for long influenced accounting but the sudden disruption caused by the COVID-19 pandemic laid bare financial services organizations’ operational challenges and inefficiencies. But the forward-thinking financial institutions are making the most of the experiences of the last 22 months to safeguard their businesses to increase resilience, improve sustainability and drive growth. Today the sector is more open and willing to make bold moves to reimagine and reconfigure their operations and processes by focusing on the acceleration of automation to help them not only maintain but strengthen their operations and market position. Most digital technology has now involved replacing analog tools with similar digital counterparts, however, the inclusion of automation is poised to change how accounting is done on a more fundamental level. The ecosystem will influence accounting in the coming years and beyond.

    With the ever-rapid growth in every sector, the leading enterprises are now highly kinetic, dynamic, resilient, and seek opportunities to drive business value using the latest digital technology. They are embracing automation to drive value by freeing staff from manual and repetitive tasks which as a result is translating into accounting teams closing the books faster and handling operations in an entirely new and highly beneficial way.

    Since its inception, Unistanz has seen and acted upon significant changes and evolution, with the trend toward automation, the rise of artificial intelligence, and the push for digital transformation. That’s why the Software Product and IT Services company is now taking on a more prominent role in many organizations as many businesses are looking for ways to differentiate themselves in terms of service quality and positive outcomes.

    With this in mind, Unistanz’s QuickReco Tool has presented a popular IT Process Automation platform with which one can “Configure Once & Automate IT Forever”. With the increasing demand for speed and accuracy, IT also intends to assist businesses to improve their IT service management by collaborating with multiple technology alliance partners to improve their employee satisfaction and that is why QuickReco Tool is here to quench the thirst for the same.

    Designed to automate manual excel operations by a 100% QuickReco Tool helps in eliminating time and effort spent daily on excel base processes like Data Reconciliation, Calculation, Lookup and reports. The Tool can convert raw data into intelligent reports by completing the reconciliation process based on multiple files and matching them based on simplex or complex keys. It is efficient and easy to use because it has an uncomplicated user interface that is easy to navigate.

    The automation tool streamlines the processes and converts inefficient, error-prone, labour-intensive processes into efficient, error-free processes that need very little human intervention. It doesn’t just save time, but also gives more accurate numbers and can automate tasks like Lookup, Calculation and Reconciliation.

    More intelligence brings greater resilience resulting in automation freeing people so they can work on critical activities that bots can’t do such as interpreting data, addressing issues, and interacting with other people including customers, vendors, and counterparts.

    The unprecedented events like COVID-19 have shown that change is a matter of when, not if, and it is prudent that business reactivity and adaptability is now a survival requirement more than a market differentiator.

  • Physics Motors Technology Pvt Ltd Raises Pre Series A Funding from Florida based Indian-American philanthropist, Billionaire and Serial Entrepreneur Dr. Kiran C Patel

    Physics Motors Technology Pvt Ltd Raises Pre Series A Funding from Florida based Indian-American philanthropist, Billionaire and Serial Entrepreneur Dr. Kiran C Patel

    Eminent Indian-American Cardiologist, Philanthropist, Billionaire and Serial Entrepreneur, Dr. Kiran C Patel Invests in EV Technology Startup Physics Motors Technology Pvt Ltd Acquiring more than 30% stake

    Physics Motors is India’s one of few Indigenous EV Drive Train Technology Design and Manufacturing Company 

    Physics Motors possesses capabilities of Research, Design and Manufacturing of EV Drivetrain Technology for all varieties of Electric Vehicles 

    Pantomath Capital Advisors Private Limited is the sole Investment Banker to the transaction

    Bengaluru (Karnataka) [India], March 15: Hubli based, Electric Vehicle (EV) Drive Train Technology Manufacturing company, Physics Motors Technology Pvt Ltd. “Physics Motors” confirmed that it had raised Pre Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and business serial entrepreneur, Dr. Kiran Patel acquiring more than 30% stake in the Company.

    Incorporated in 2019, Physics Motors was founded by Deepak Jadhav. He has 14+ years of Design Engineering experience in the Hi-Tech Semiconductor Capital Equipment Industry and holds several patents. Physics Motors has highly experienced other Co-Founding Team Members. Over the last two years, with Engineering Innovation in traction Motor designing, Physics Motors has developed Indigenous Hub Motors and Mid Motors of various power specifications for the Indian EV market, specifically for 2W EV Applications. The company is currently producing Hub Motor for 2W applications and extending it to Mid Motor in the coming months. With its in-house Motor Design and Simulation Expertise, Physics Motors has the capabilities to design and manufacture custom motors for EV OEM’s .

    Currently, Physics customers include multiple EV OEM’s, and it continues to rapidly expand with the acquisition of many new customers.

    Pantomath Capital Advisors Private Limited is the sole Investment Banker to the transaction.

    With Dr. Kiran Patel coming aboard, Physics Motors would be exposed to global markets, backed by financial and strategical management bandwidth. Dr. Patel has been investing and supporting start-ups and early-stage businesses in India and across the globe and mentoring them through their scale-up journey. Most recently, Dr. Patel was instrumental in taking public the India-based chemical manufacturer, Anupam Rasayan, of which Dr. Patel is Chairman. Anupam Rasayan went public in March of last year at a valuation of over $750 million, fueled by a total capital infusion of $100 million from Dr. Patel, which began in 2018. Other recent investments include a $ 60 million dollar investment in 2018 into the medical device company Concept Medical. Last year, Concept Medical became the first India-based company to file for an Investigational Device Exemption (IDE) with the USFDA.

    Dr. Kiran Patel moved to Tampa, Florida, in 1982 and quickly expanded his cardiology practice into a physician practice management company diverging into 14 practices. Shortly after, Dr. Patel exhibited his business acumen and leadership abilities after acquiring a struggling healthcare maintenance organization (HMO), Wellcare Health Plans, growing the business into the 5th largest Medicaid HMO in the country with annual revenues over $1.2 billion dollars. After exiting Wellcare, Dr. Patel’s talents for scaling billion-dollar businesses was displayed when he started a new insurance company, America’s 1st Choice Holdings of Florida. After considerable organic growth and strategic acquisitions of Tampa Bay-based companies, including Medicare Advantage Health Plans, Freedom Health and Optimum Health, Dr. Patel grew America’s 1st Choice to annual revenues of over $1.6 billion.

    Most notable are Dr. Kiran Patel’s considerable education and healthcare based philanthropic activity. In 2018, Dr. Patel committed $200M towards real estate and facility expansion in the medical education complex that will be part of NSU’s Tampa Bay Regional Campus in Clearwater, FL. Dr. Patel’s philanthropic endeavors under his family office now span the globe.

    The support to Physics Motors reflects Dr. Patel’s long-standing initiative of supporting a brighter, cleaner future. In 2005, Dr. Kiran Patel’s lead gift resulted in constructing the Kiran C Patel Center for Global Solutions. The University of South Florida also created The Kiran C Patel College of Global Sustainability (PCGS). PCGS, now a degree earning college, also produces research and innovations to help cities worldwide reduce their ecological footprint while supporting a healthier, more livable and resilient environment. Earlier in May 2021, Dr. Patel invested in a Series A round of leading charging infrastructure and technology company Magenta. In Nov 2021 Dr. Patel supported Axiom Group, the leading EV powertrain component Manufacturer.

    Speaking about his investments in Physics Motors, Dr. Kiran Patel said, “My wife and I have always believed in building a legacy by partnering with companies who are passionate about making this planet better for the next generation. I came across the Physics Motor team recently, and we were impressed by the indigenous Make-In-India manufacturing of EV Drivetrain Technology, which I believe is essential if India has to be self-sufficient in electric mobility.”

    “This is just the beginning of my investments into Physics Motors, and we have carved out a larger investment chest from our international family office. I have a vision for Physics Motor which goes beyond the Indian sub-continent, and with this energetic team with me, we are bound to make Physics Motor a leading platform for EV Drivetrain in our portfolio”, added Dr. Patel.

    Mr. Deepak Jadhav, CEO of Physics Motor, said on Fund Raise, “Physics Motors is solving EV Drivetrain challenges of building world-class and superior quality traction motors Made In India for EV OEMs. These EV Drivetrain products which we have developed are not only for the Indian market but will have opportunities for the international market as well.

    Physics Motors is building a solid product portfolio in the EV Drivetrain segment we operate. With mentor and Investor like Dr. Kiran Patel participating in Physics Motors, we stand immensely confident we will be able to reach our goals and will be one of the leading EV Drivetrain Technology solution providers in India.”

    Pantomath Capital Advisors Private Limited is the sole Investment Banker to the transaction.

  • Weaving a story of love and freedom

    Weaving a story of love and freedom

    March 15: Motherhood can be daunting and to spearhead a business enterprise can be a fully packed experience. Born out of the universal desire of a mother to gift her daughter the freedom of clothing and luxury essentializing the traditional spirit, SAKA Designs started its journey in 2016. SAKA is a collaborative effort of Sapna Chopra and her sister Kanika, who came together to pay tribute to the legacy of Sapna’s mother and to all women entrepreneurs who are rewriting their stories of empowerment.

    SAKA exudes ‘contemporary Indian luxury in Indian and Party Wear for Kids’ at a budget-friendly price by focussing on designing Ethnic and Party outfits for children to make them feel beautiful and comfortable through the unique styling story. For the last five and a half years, SAKA Designs continues to operate through a profound care and detailed approach of a loving mother who designs for her own child. 

    For Sapna, one of her most fulfilling experiences and her ideation for SAKA Designs was inspired by her daughter who also awakened the joyous and creative vibes within her. Today Sapna harmonizes the role of a mother, homemaker, and entrepreneur by prioritizing her responsibilities and ensuring to keep a balance with humour as her armour. 

    The journey as an entrepreneur has not been an easy one for Sapna. She experienced her share of a curveball when Kanika exited the partnership for personal commitments and she was the sole person running the brand. Adding to it was the constant challenge to understand the varied mindset of the customers to create designs that are both appealing to the eyes and comfortable for a child to wear. As the brand started to build its niche in the market, the next challenge poured in the form of a deadly pandemic leading to challenges in procuring the right fabric, accessories from suppliers with whom she has been working all this while. The unprecedented lockdown also led to a phase of dormancy, since most of the work was not operational and some of the staff moved back to their hometown. However, Sapna and her team put in extra efforts and filled in more working hours with the staff at hand, and started working through e-commerce platforms which lead to its steady growth. Throughout her struggles, she believed that since this journey started from a place of love and intention to serve, the universe poured its abundant support and blessings, and SAKA Designs kept growing with immense trust and support from buyers and vendors alike. She experimented with more designs, extended her network to more e-commerce platforms, and developed a price range option to meet the customized and budget requirements of the market. This helped her cater to a wider audience and re-establish her brand identity and its uniqueness.

    Sapna truly believes that hard work never fails. In her words, “Never stop! If you are honest about your work, the nit will pay off one day. Keep striving and believing in this miracle”.

    The brand has just not overcame many challenges but has ensured that success is achieved through the honest workmanship of brand’s designs. Since its inception, the brand has been consistently receiving love and support from platforms like Firtscry.com, Myntra, Mirraw, Aza Fashion and Pernia Pop Up Store. The reviews and ratings has once and for all proved that the brand is conscious of its quality and ensure designer outfits at affordable pricing. For this reason the brand has both designing and manufacturing unit under roof in the heart of New Delhi. During non season Saka Designs sells 7500-8000 sets per month where as during the season time, the brand sales soars to 10000 sets average per month.

    SAKA Designs does not believe in blooming in isolation and acknowledge the value of a community and its contribution. Hence, the team takes the ownership to welcome unskilled labor and train them into skilled craftsmen and designers. Along with it, Sapna also runs a unique socially-sustainable project where she encourages the women at SAKA Designs to create accessories like tassels, bows, and headbands from the leftover fabrics. Such practices have led to a win-win situation where there is zero wastage and ensures a sustainable practice of the brand. Additionally, there is an income for these women, which further empowers them financially and emotionally. As a home-grownbrand, SAKA Designs truly symbolize the essence of ‘MakeIn India’ and ‘Atmanirbhar Bharat.’

    Lastly a message to the fellow and upcoming women entrepreneurs – ‘It doesn’t matter if you are an IITian or an IIM, if you are an engineer or a doctor, starting a tech based company or education based company, education ALONE can never guarantee success as much as persistence and patience to keep the vision alive. With one dream of yours, one can empower so many. With one vision, one can provide so many employment. Follow the heart rather than the trend and you will surely add more value not just in your life but also in the lives of many people around by nurturing a dream.

  • Goodness Score- Redefining Recruitment

    Goodness Score- Redefining Recruitment

    New Delhi (India), March 14: How do you choose between two equally skilled candidates? Are technical abilities enough to find a good fit for the organization? These questions could flummox the common man, but such dilemmas constitute a challenging and exhausting part of a Human Resource (HR) expert’s daily life. Surprisingly, the best job search engines in India have not paid adequate attention to the prolonged woes of the hiring industry. 

    Until GoodSpace came up with a proprietary algorithm that offers a two-pronged solution focused on simplifying the recruitment process through the non-cognitive strengths of potential candidates.

    Better known as the ‘Goodness Score’, the users of the GoodSpace app can add a humanizing dimension to their job profile via feedback from former employees, friends, and family members. In addition, users present on the platform can submit feedback of their previous colleagues as well as request them to provide feedback for their profile.

    Based on industry research and HR insights, GoodSpace has pre-defined seven parameters to simplify the feedback process namely Team Work, Friendliness, Helpfulness, Honesty, Reliability, Truthfulness & Kindness. Once rated, the algorithm works to calculate a ‘Goodness Score’ of the candidate, which is publically visible on their profile.

    The score translates into insight into the individual’s behavior, which forms the foundation of any good corporate team. The recruiter still has to corroborate the technical prowess, but now he/she can easily map if the candidate’s ethics and priorities are aligned with the work environment. While the candidate has a better chance to hone his skills with a learning attitude, the recruiter can skim through the personalities that do not fit the bill.

    The Goodness Score integrates technical abilities with behavioral parameters, which allows the recruiter to find the right fit with minimum effort. This is why one could term the GoodSpace algorithm as the pioneer of the HR revolution because, in a way, you get to know the individual before the first interaction, which provides a major edge in a world that runs on virtual interactions, calendar alerts, and a haystack of potential candidates.

    Founded in 2020, GoodSpace is a new-age platform for global recruitment that connects potential candidates with millions of employers. Under their proprietary algorithm called ‘Goodness Score’, the startup continues to make waves in the hiring industry and aims to highlight the need of prioritizing an individual’s behavioral aspects equivalent to their technical abilities. Goodspace is led by Vinay Pasricha, Founder and Former Chairman of WLC College, and consists of renowned startup leaders in their Advisory Board such as Peyush Bansal, CEO, Lenskart.com and Ajit Singh. Former Senior Advisor, Tata Trust.

  • The Relentless March of Hybrid and Remote Ways of Working in India

    The Relentless March of Hybrid and Remote Ways of Working in India

    March 14: A month ago, Meesho, an Indian e-commerce firm backed by SoftBank and Facebook announced a permanent work from anywhere policy for all employees.

    Now, Jackstien Practices, the management consulting firm established by former banker Nishant Shah, has announced that it will be shifting to a permanently remote model of work. Operating in Hybrid Model since inception, the firm claims that the productivity observed over such a long period of working with many full-time remote employees has been conclusive evidence for them internally.

    Recently, Marico also introduced a Hybrid Work framework for all employees, joining the august rank of companies like Apple, Citibank, Intel and UBS.

    In an age where “work from anywhere” is the clarion call against the babu-culture, further announcements of this nature are expected. This follows a global trend that is expected to continue well into the next 8-10 years.

    GitLab is an all-remote software company valued at 11 Billion that went public last year in the United States.

     

    Co-incidentally, Jackstien Practices are award winning specialists in remote and hybrid work transitions.

    The new normal, the new equation, the new world or the new ways of working; whatever way in which one refers to it, it is clear that long-held beliefs about virtual work are being shed for good.

    Challenges remain, no doubt. However, with an increasing number of such announcements, the future seems clear.

    Employers are still struggling to come to grips with this change. Process oriented businesses, especially in the BFSI sector and the outsourced services space need to contend with a myriad of assessments, risks and operational challenges.

    While a Hybrid model seems like an obvious choice for these businesses, it is proving rather difficult to assess, manage and think through.

    HR heads, department heads, Chief Operating Officers and even CEOs are having to contend with questions that have a significant long-term impact without established metrics on hand to guide these decisions. There is also a risk that in addition to facilitating its employees and managing costs, CXOs need to hard-code protection for the interests of all its customers, clients, shareholders and vendors.

    Remote and hybrid working environments are also lifestyles. Consider – (i) the Great Resignation is quite strongly associated with return to the office plans (ii) the costs of employee replacement and hire are spiralling and (iii) businesses are realising benefits to a boosted bottom line from what now appears to be unnecessary expenditure on real estate that provides little in return.

    At the same time, businesses need to ensure a solid footing in this rarified field of study. Transition requires a cross-specialised understanding of processes, technology, risk interaction, flow structure, policy map and forward vision, all of which inform each other in a complex inter-play. In hindsight, the need for new consultants for the new normal seems obvious.

    Be that as it may, the relentless and inexorable march towards remote working lifestyles will only continue, reshaping much of what we know around us today.

  • All Visa Centres Of DUdigital To Be Operational From 1st April 2022

    All Visa Centres Of DUdigital To Be Operational From 1st April 2022

    New Delhi (India), March 14: Dudigital Global Limited (formerly Known as Du Digital Technologies Limited) (DU Digital) (NSE: DUGLOBAL), One of the leading players in Visa Processing will once again start operating its all 35 Visa centres in India and other countries like UAE, Bangladesh, Malaysia, Nepal, Sri Lanka after more than 2 years due to COVID 19 Pandemic.

    DUdigital Global Limited started its operations in the year 2015 as an outsourcing and Technology Solution specialist for Governments and diplomatic missions. The company manages non-administrative and non-judgmental tasks related to Visas, Passports, Identity Management and other citizen services. The Brand manages the Human Interface between the Visa Applicants and the Technical visa processing units of the Embassy of the Country for which we are awarded the contract or sub-contracts.

    Although essential travel to all these countries was open but normal travel was restricted. To cater to this company was operating through the limited centres. Greece had lifted travel restrictions in December 2021 but the restrictions to Malaysia were still in place which will be lifted from the 1st April 2022.

    As all major client governments of the company are lifting travel restrictions the company has decided to start operating all its Visa processing centres.

    Commenting on this, Mr. Rajinder Rai, Chairman of the Company said, “This is a very big moment for the company after the hibernation of almost 2 years we will be operating at full capacity. This will provide a much-needed financial boost to the company as all 3 countries for which we handle Visa processing are popular Travel and Business destinations for Indians.

    For FY23 we are expecting to see multifold growth in our financial performance and hope to be at par or exceed our pre-pandemic performance.”

    Dudigital Global Limited (Formerly known as Du Digital Technologies Limited) (NSE: DUGLOBAL) started its operations in the year 2015 as an outsourcing and technology solutions specialist for governments and diplomatic missions. The company manages administrative and non-judgmental tasks related to visas, passport, identity management, and other citizen services.

    The Company manages the human interface between the visa applicant and the technical visa processing unit of the embassy of the country for which we are awarded the contract or subcontract. The Company’s role is administrative and non-judgmental tasks related to visa application, digitalization, document verification and biometric data collection for its customers. This, in turn, enables the respective government authorities to focus entirely on the critical task of assessment.

    Apart from this, Dudigial also provides citizenship and residency programs by investment for various countries in association with partner Migrate World.

  • Trucknetic in talks to raise $10 million in Series A funds

    Trucknetic in talks to raise $10 million in Series A funds

    New Delhi (India), March 14: Trucknetic is a tech-first logistics company which is redefining digital freight industry by establishing a market place using artificial intelligence, automation, and other software services to efficiently connect shippers and carriers. The logistics company is on an expansion drive and is looking at a first round of funding to raise up to USD 10 million by the end of May.

    The company is in talks with few angel investors and are looking out for large venture capital funds. Trucknetic also plans to use the proceeds from the fundraise to strengthen its existing software as a service (SaaS) and analytics-based supply chain management solutions, through both organic and inorganic routes. Trucknetic will also be enhancing operating robustness through a scalable, modular technology platform, which will help augment user experience and assist in building a large trader community.

    “The investment round will be a testament to the incredible work our team is doing to help our customers drive efficiencies. With strong industry tailwinds towards digitization and our capitalized balance sheet, Trucknetic are poised to grow exponentially in the next couple of years. We will continue to invest in building talent and technology to reinforce this exponential growth,” said Arham, founder and Chief Trucking Officer, Trucknetic.

    “We will be utilizing the funds for financing technological advancement, increasing automation and to grow geographical presence. The tech-first logistics company will also look at inorganic growth opportunities,” he added.

    “Trucknetic is playing an important role in India’s booming e-commerce sector, which is still at an early stage and has a long runway of development. We believe that technology is changing every aspect of how logistics companies operate. ‘Digital fitness’ will be a prerequisite for success: the winners will be those who understand how to exploit a whole range of new technologies, from data analytics to automation and platform solutions. Those who don’t, risk obsolescence. But with so many technologies competing for management attention and investment, defining a clear digital strategy that’s integrated into business strategy will be critical,”said Arham.

    The company has more than 50000+ downloads on Trucknetic Carrier application and 15000+ downloads on Trucknetic Shipper application and has moved close to 100,000 metric tonnes of goods. Trucknetic has a network of close to 200,000 fleet owners and 50,000 transporters which roughly translates to over 1 million trucks in our network. It has done a revenue of USD 3 Mn since December 2019.The platform is highly diversified across commodities, truck types and lanes. The company has moved diverse commodities such as coal, chemicals, edible oils, glass, plywood, etc. across the country for long, short and medium haulage.

    Trucknetic has a host of prestigious brands as its clients including such as Patanjali, Action Tesa, Nuvoco, Gulshan Chemicals, etc. and has received numerous awards and opportunities for its hard work and passionate vision, including the 10 most trusted logistics & supply chain brands 2021, top placer logistics 2021, best shippers, and carriers marketplace platform (APAC).

    Trucknetic is one of the chosen startups in the Microsoft AI innovation – manufacturing and logistics cohort, in which Microsoft is helping Truckentic to build a proof of concept on solving the return load problem and demand forecasting using Artificial Intelligence and Machine Learning. The logistics company uses AI/ ML for demand forecasting which help it to seamlessly solve the problem of return load in real-time which ultimately helps to bring the cost of logistics in India down which is currently 14 – 18 per cent of GDP as an expense as compared to 8 -10 per cent globally.

    Website: https://trucknetic.com/