Tag: Business

  • Royal Technosoft Pvt Ltd Inaugurates Highly-anticipated ‘Coding and Startup Incubation Center’ in Gandhinagar

    Royal Technosoft Pvt Ltd Inaugurates Highly-anticipated ‘Coding and Startup Incubation Center’ in Gandhinagar

    Gandhinagar (Gujarat) [India], March 9: Royal Technologies Pvt Ltd has been achieving back-to-back milestones under the able leadership of Mr. Dhiraj Poojara. With a view to advancing the career prospects of students, a much-awaited ‘Coding and Start-up Incubation Centre’ has been started in Gandhinagar. With this inauguration, students can now further their careers and make them brighter.

    Dhiraj Poojara is an alumni of “Dhirubhai Ambani Institute” and a veteran IT consultant with over 17 years of experience. Needless to say, he is the trainer of the world’s youngest programmers at the “Coding and Startup Incubation Center”. Under his commendable guidance, many students are working at high-level posts in the country and abroad. And now this opportunity is waiting for you, too.

    Among the dignitaries present during the inauguration ceremony include a chief guest, Shalini Duhan (IAS) Commissioner of Schools, Gandhinagar and Dr. K.S. Dasgupta Ph.D., IIT Bombay, as well as DA-IICTE Space Scientist. They have also provided the necessary guidance to the students and explained the importance of this centre.

    One of the most baffling questions in a career is, “What to do after 10 and 12?’. This question has always kept both students and parents in a dilemma. Thanks to this centre as it will emerge as an effective platform with plentiful opportunities for the students.
    On this occasion, Dhiraj Poojara announced that he would provide free programming courses along with various skills and personality development training to any students who have lost the shelter of their parents and also for those who are financially backward.

    What’s’ more, after completing programming courses and skills and personality development training, ‘Royal Technosoft Pvt. Ltd’ will itself provide job placement opportunities in a good software company.

    Add to more; students were excited to meet the young actors of their favourite ‘Taarak Mehta Ka Ooltah Chashma’ TV serial. Tapu Sena’s team was also present on the occasion of “Inauguration of Coding and Startup Incubation Center”. Yogi (Samar Shah), Goli (Kush Shah), Pinku (Azhar Shaikh) and Sonu (Palak Sidhwani), as well as Balvir Vansh Sayani, wholeheartedly conversed with students and encouraged them regarding their career.

    Speaking on this inauguration occasion, Dhiraj Poojara said, “In today’s age, those who are not updated and don’t know coding will not be able to survive, just as the dinosaurs who couldn’t survive on this earth. One needs to know the technology deeply. These days many sites and data are usually being hacked. If we do not have a security coder in each of our families, we can use the system, but we can never protect it. Not just a doctor, a coder too, must be in every family. Such should be a future vision. Otherwise, even a country like China could rule us.”

  • TTK Prestige is a certified ‘Great Place to Work®’

    TTK Prestige is a certified ‘Great Place to Work®’

    New Delhi (India), March 9: TTK Prestige, India’s leading kitchen appliances company, has been certified as a Great Place to Work® by Great Place to Work® Institute, India, for a period of one year, i.e. from February 2022 until February 2023.

    This is a testament toTTK Prestige’s enduring commitment to building and sustaining a culture based on its vision, shared values and strategic goals. This enables employees to perform to the best of their abilities and creates significant value for stakeholders. This is also in line with TTK Prestige’s employee-first approach, which fosters innovation, creativity, and customer-centricity. TTK Prestige’s workplace culture is characterized by a great leadership team, enhanced employee experience and sound financial performance.

    Commenting on the certification, Chandru Kalro, Managing Director of TTK Prestige, said: ‘It is a great honour for us to receive this certification from our esteemed team members, which validates our efforts at creating a superlative employee experience. We have always strived to treat our people as valuable members of the TTK Prestige family, and it is a proud moment for us to know that we are on the right path to accomplishing this goal. As a business, we strongly believe that our people are our biggest asset, and we will continue to invest in their growth and development. ‘’

    Great Place to Work® is the global authority on building, sustaining and recognizing High-Trust, High-PerformanceCultureTM  at workplaces. In India, the institute partners with more than 1100 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures™ designed to deliver sustained business results.

    TTK Prestige Limited is part of TTK Group. Over the past six decades, TTK Prestige has emerged into India’s largest kitchen Appliances Company catering to the needs of homemakers in the country. Every Prestige product is built on the pillars of safety, innovation and trust, making the brand the first choice in millions of homes. In April 2016, TTK Prestige launched ‘Prestige Clean Home’, a range of innovative home cleaning solutions.

  • Will Dubai’s Digital Asset Regulation Function As A Magnet For Indian Crypto Startups?

    Will Dubai’s Digital Asset Regulation Function As A Magnet For Indian Crypto Startups?

    March 10: With key players like Binance being on the verge of shifting their business to Dubai, the new regulation pertaining to digital assets would accelerate the growth of crypto industry in the emirate. The main objective behind this regulation is to create a framework which aims to protect investors and provide international guidelines that will facilitate growth in Dubai.

    An independent authority has been established to supervise the creation of the world’s greatest virtual asset business environment in terms of legislation, licensing, governance, and alignment with local and global financial systems.

    What does this mean for Indian crypto startups who are still facing regulatory issues in their own land? According to Advocate P.M. Mishra, founder of Finjuris Counsel FZ-LLC, UAE and Finlaw Consultancy Pvt. Ltd, India, it is expected that a major chunk of Indian crypto startups would move their business to Dubai due to the regulatory ambiguity regarding cryptocurrency industry in India. Considering the amount of people and businesses venturing into the crypto industry, his would cause a huge loss to the Indian digital asset industry as most of the revenue earned by Indian crypto startups would remain in Dubai.

    Apart from that, the geographical location of Dubai is a lot more favorable due to the distance between India and UAE. This increases the ease of conducting business. To retain businesses in nexus with the crypto industry, it is very important for the government of India to take a proactive decision of bringing in an effective legislation to promote the interests of investors as well as entrepreneurs who wish to explore the arena of virtual digital asset industry.

    It is high time that the government sheds clarity on its stand regarding cryptocurrency and regulates the market and its players in a manner that ensures both safety and profitability. There must be no room for exploitation of investors in the cryptocurrency space, says Advocate P.M. Mishra. (Finlaw Consultancy)

  • Gujarat’s largest Retail Landmark, THE RETAIL PARK at Rajyash City, Central Bopal gets world-wide recognized GREEN BUILDING certification!

    Gujarat’s largest Retail Landmark, THE RETAIL PARK at Rajyash City, Central Bopal gets world-wide recognized GREEN BUILDING certification!

    Ahmedabad (Gujarat) [India] March 10: Creation of new luxurious spaces and bridging the gap with sustainable development, Rajyash is never off the shore to give a unique style in its every project. For Rajyash the city of Ahmedabad offers a great scope to grow owing to its rapidly increased touch with modernity while also still maintaining its allegiance to tradition.

    Three decades back the organization made a humble start and entered into the Construction Industry to be an active contributor to the development of the Ahmedabad. A group consisting young, energetic and extremely committed professionals have contributed greatly in redefining the skyline of Ahmedabad with successful completion of more than 30 projects.

    The Retail Park is one of its kind high street commercial retail projects based in Ahmedabad with a built-up area of ~1.2 Lakh square meter. The building will be used for retails which includes shops, theatres and food court.

    Rajyash group’s team comprises of the young and ambitious individuals who want to bring the change in the construction industry that is needed- towards sustainability. Having made conscious decisions in the project design to improve the performance of the building, the next step was to get the project recognized. The partners of the group approached Neev Energy and Sustainable Solutions, an Ahmedabad based energy consultancy firm to help with the certification of the project and help in making the design decisions to make it better in the edge rating. The building is designed to ensure cross ventilation, maximize daylight and thermal comfort in spaces. The owner has taken conscious decisions in selecting the materials and systems to reduce carbon foot print and solar heat gain within the spaces.

    Edge rating, is a world recognized rating system by the International Finance Corporation. EDGE is created to respond to the need for a measurable and credible solution to prove the business case for building green. The rating also uses the base case scenario specific to the country/region. The rating has also helped the project team gain learnings and feed it back to the next project for Rajyash.

    According the final Edge Certification, TRP saves 24% of Energy, 53% of Water, 38% of Materials in comparison to other projects of a similar scale.

    To visit this absolute landmark site, Click here.

  • Jaiman Group’s first-ever IOC 3.0 conclave to shape careers of hundreds of Gen Next investors in stock and delta trading

    Jaiman Group’s first-ever IOC 3.0 conclave to shape careers of hundreds of Gen Next investors in stock and delta trading

    Surat (Gujarat) [India], March 10: The first-ever  Indian Options Conclave (IOC) 3.0 (next generation) organised by India’s leading financial investments company, Jainam Group, proved beneficial for hundreds of young investors, allowing them to shape their career in the stock market, delta trading and its strategies with risk management.

    The IOC 3.0, a brainchild of Milan Parikh, managing director and co-founder of Jainam Broking Limited, was organised at the Surat International Exhibition and Convention Centre (SIECC) at Surat’s Sarthana on March 5. The conclave witnessed the gathering of over 9,000 investors, including students from the colleges and students in Surat, Ahmedabad, Vadodara, and Bardoli.

    An important series of seminars were organised to provide in-depth knowledge of stock trading, options trading, and risk management. A unique cafeteria was set up at the SIECC for the investors to connect with the exhibitors from the financial investment sector.

    Ronak Unadkat, an options trader, spoke on ‘Spread Trading and their Adjustment in Different Market Conditions,’ Mitesh Patel, a future and options trader, spoke on ‘Journey of the Normal Trader to Option Trader,’ and Milan Parikh, co-founder and managing director of Jainam Broking Limited, spoke on ‘Risk Management in Derivatives.’

    Milan Parikh, managing director and co-founder of Jainam Broking Limited, said, “The IOC 3.0 will go a long way in shaping the career of hundreds of Gen Next investors. Over 9,000 people participated offline and online. The entire conclave was telecast live on the social media platforms allowing the investors to gain insights into the world of the stock market and delta trading.”

    According to Parikh, the idea behind organising the IOC 3.0 conclave was to spread awareness of career opportunities in the field of stock and options trading among the young generation. The conclave delved into educating the audiences on several practical options, trading styles, and tactics, as well as delta trading and its future.

    On the ongoing Russia-Ukraine war, Parikh said, “The world markets are in turmoil due to the Russian invasion in Ukraine. At the conclave, the investors were given key tips on managing risks in the options trade amid the Russia-Ukraine war and its impact on the stock market in India.”

    The conclave touched upon the latest development in the stock market trading known as Algorithmic trading. It is a way of executing orders using automated pre-programmed trading instructions that account for variables such as time, price, and volume.

    Established in 2003, Jainam Group has a long history in the financial investments industry. The company has been providing a gamut of services under one roof, starting from equity and derivatives trading to commodity trading, from research and analysis to wealth management advisory, from E-Broking to E-KYC, and customizing services for non-resident Indians.

    Jainam is a market leader for providing delta trading and has more than 5,000 active options traders associated with about 23 branches across the country.

  • ESL Steel – Multibagger in Russia Ukraine War

    ESL Steel – Multibagger in Russia Ukraine War

    New Delhi (India), March 10: The Russian-Ukraine war wreaked havoc on the entire world, and India, in particular, has been hit by poor market conditions. The Sensex fell by 15% from its 52 weeks high, but the steel industry has been on a bull run. Cumulatively, Russia and Ukraine are the 5th and 12th largest steelmakers globally, respectively, accounting for around 10% of the global steel trade. About 45% of the steel production in Russia and approximately 75% in Ukraine is exported to other nations. Russian mills brace for sanctions, and Ukrainian steel production gets severely disrupted by the conflict, which gives an opportunity for Indian Steel manufacturers to gain market share globally as India is the net exporter of steel and is the second-largest country to manufacture steel after China.

    Since the war has started, NIFTY metal has seen 60 points increase from the last month, and with 7.5% customs duty, cesses, and freight cost, there is any way a significant trade barrier that allows the domestic steelmakers to benchmark local rates against imports. With the landed cost of imports surging and demand being buoyant, it will be much easier now for Indian steel companies like state-run SAIL and private companies like JSW Steel, Tata Steel, ESL, and JSPL to hike the local prices.

    Tata Steel, one of the largest steel manufacturers in India, has seen record-breaking growth in its stock prices. Stock prices have increased by 78.36% from last year. On the other hand, JSW Steel stock prices have witnessed 55.38% growth from previous year. These steel stocks have seen a staggering increase in the past year.

    Among companies like Tata Steel, JSW Steel, and many other companies. ESL Steel Ltd, a fully integrated steel plant in Bokaro, Jharkhand, with a capacity of 1.5 MT, has generated total revenue of Rs. 4900 Cr and Rs. 2700 Cr profit in FY21. ESL is aiming to double its steel capacity in a few years. Vedanta Group acquired the company through NCLT. Vedanta, the holding company of ESL, is one of the world’s leading oil and gas and metals companies with significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminum and power across India, South Africa, and Namibia. With proactive management and economies of scale, the company has also witnessed a sharp increase in its revenue and net profit amid COVID-19.

    ESL shares are traded in the unlisted market between ₹85 – ₹90, which is precisely what investors should look for to make a good return if they have missed out on opportunities with listed steel companies. With the surge in steel prices, there is substantial demand for this stock in the private equity space. ESL is expected to give an excellent return to investors in the coming future.

  • Chef Hemant Oberoi & Chef Ajay Chopra Launch Food-Tech Platform Knosh

    Chef Hemant Oberoi & Chef Ajay Chopra Launch Food-Tech Platform Knosh

    Knosh is now live in Gurgaon and will soon be expanding to Delhi, Mumbai, Bangalore and Dubai

    New Delhi (India), March 10: Food-tech platform Knosh, which home delivers signature dishes from award-winning chefs, was launched in Gurgaon by celebrity  Chef Hemant Oberoi and Chef Ajay Chopra.

    Chef Hemant Oberoi is the mentor for Knosh while Chef Ajay Chopra will be brand ambassador’s hat for the platform, along with his chef’s cap.

    Knosh is India’s first unique epicurean platform that brings together award-winning chefs of international repute on a single platform. Food connoisseurs can now indulge in culinary delights from handpicked chefs, in the comfort and safety of their homes.

    The chef-to-customer platform is now live for Gurgaon residents and will soon expand to Delhi NCR, Mumbai, Bangalore and Dubai. Knosh is a collective of chefs that includes Chef Hemant Oberoi, Ajay Chopra, Vaibhav Bhargava, Sabyasachi Gorai (Saby), Nishant Choubey, Sweety Singh, Vanshika Bhatia, Jajos, Harangad Singh, Zebi Zubair and Rajesh Roy of Le Meridien Gurgaon. Besides celebrity chefs, various cuisine specialists who are experts at creating authentic dishes are part of the Knosh platform. The on-boarding of chefs is done by-invitation only, ensuring exclusive meal experience.

    Knosh is led by a strong team that includes Sumbul Siddiqui, Ajay Malhotra and Samrat Das Gupta as cofounders, along with Chef Ajay Chopra who brings in deep industry connect and insight. The management team has worked across industries and together they bring strong experience of managing large scale operations pan-India.

    “Food industry has changed dramatically in recent times. We wanted to build a platform that enhances the brand value of Chefs and bring these food innovators in front of our customers. Chefs take the centre stage on our platform. Knosh offers ‘eat-ertainment’ and brings fine dining to your doorstep in an easy and convenient manner. Besides offering signature meals from chefs of various cuisines, our focus is on leveraging technology  to enhance food experiences. The road ahead includes-hosting Chef’s Table at exclusive locations, AI driven health subscription meals and live streaming food events. We want to create magical food experiences for our patrons through an integrated social food platform,” explains Sumbul Siddiqui, Co-Founder & CEO, Knosh.

    The USP of this platform lies in its features. It offers flexibility of ordering for same day or one can choose to pre-order planned meals up to 10 days. There is a multi-cart option which gives customers ease of ordering from multiple chefs in one single order. It features curated menu with handpicked bestseller dishes.

    Knosh is more than just an ordering app as it features handpicked chefs and is not focussed on being an overcrowded platform serving as a Craigslist. “Knosh is a platform that connects master chefs with gastronomes, where chefs get the opportunity to create food experiences for them. The pandemic has proved that eating at home is the new ‘eating-out’. People should be able to discover good food without having to visit a restaurant. I am excited to be a part of this platform that is set to revolutionize the food space,” says Chef Ajay Chopra, brand ambassador of Knosh.

    Brand Knosh lays emphasis on curated and personalized culinary experiences. “Knosh is a path-breaking concept bringing the fine-dining experience to your doorstep at an affordable price. This is a win-win for chefs and customers alike and the best thing is it does not restrict itself to a particular cuisine. Through this platform I would be able to mentor a lot of chefs as well,” says Chef Hemant Oberoi, Mentor, Knosh.

    The launch event at Le Meridien Gurgaon was a food-filled event with founders, top chefs, food connoisseurs from NCR in attendance.

    “It gives me immense pleasure to associate with brand Knosh that lays emphasis on touching lives and creating magical moments through food, something we as a brand believe in as well,” says Sanjay Gupta, General Manager, Le Meridien Gurgaon.

    Customers can download the app, on Playstore or Appstore or log on to the website www.knosh.in

  • Mankind Pharma donated Rs 5 lakh to family of Indian student deceased in Ukraine war

    Mankind Pharma donated Rs 5 lakh to family of Indian student deceased in Ukraine war

    New Delhi (India), March 10: Mankind Pharma, the 4th largest pharmaceutical company in India that has always come forward to support society during tough times, has donated Rs. 5 lakhs to the family of Naveen Shekharappa Gyanagoudar, the Indian MBBS student who died in the Ukraine war.
    Given that many innocent Indian lives have been caught in the middle of an uncalled frenzy in the war, the pharmaceutical company has come forward to do its bit as a responsible organization. Born to Shekarappa Chalageri and Vijaylaxmi who are farmers by occupation, the family has a loan of 25 lakhs for Education and other commitments to repay. With even a brother to complete his education in the agriculture department from Bangalore, the family is burdened under huge financial liability.

    “Considering the unfortunate state of events, we are trying every possible way to stand in support of the affected family. We know that no financial support can compensate for the void created by the deceased, but it is our small token showing our resolve to stand in solidarity with the families who have lost their dear ones. Mankind Pharma as an organization has always believed in standing together during tough times and by extending our support to Naveen’s family, we want to send the message that the entire country is there for them,” said Dr. Sanjay Koul, Senior President, Sales & Marketing, Mankind Pharma.

    Highly mournful at the loss of the son, the father Shekarappa Chalageri expressed his sincere gratitude to Mankind Pharma. He said, “At such a point of time when the future seems bleak, the support given by the company gives us relief from our financial burden. Though we cannot forget the sorrow that the loss of our son has given us the kind gesture gives us faith in humanity and courage to continue our lives ahead.”

    As Naveen was pursuing an MBBS course in the foreign land to bring laurel to the country, Mankind Pharma took responsibility to take care of the family post his demise to help them cope with the unfortunate loss incurred on them.

    The company salutes the bravery and courage of those caught in the war. The student community has set an example for the entire world by standing together in such a horrid situation where they have even denied leaving their companions behind during the rescue operation. Mankind Pharma lauds their selfless act and is there to help them in every possible way.

  • SimpliHealth Panel Discussion-  Prioritizing Health for Women

    SimpliHealth Panel Discussion- Prioritizing Health for Women

    Doctors from Apollo Clinic, Chandigarh discussed women’s health issues on Women’s Day.

    Chandigarh (India), March 10: Making Women’s Day meaningful and spreading awareness on women’s health, SimpliHealth – an online platformfor health-related information that features content and videos by top-rated doctors, medical professionals, and digital experts, held a panel discussion of doctors on ‘Prioritizing Health for Women’ as part of Women’s Day celebration. The esteemed doctors from Apollo Clinic, Chandigarh joined this panel discussion at Hotel Icon, Sector 8 Chandigarh.

    The panel was moderated by Dr. Lissie Palathingal, Medical Superintendent and included Dr. Heena, Obstetrics & Gynecology, Laparoscopic and Cancer Surgeon; Dr. Bimaldeep Singh, Cosmetic Dentist; Dr. Anila Sharma, Senior Consultant Radiologist; Dr. Gursimran, General Surgeon, Bariatric Surgeon, Laparoscopic Surgeon; Dr. Tarandeep Singh, Cardiologist; Dr. Jagpal Pandher, Rheumatologist; and Dr. Gurmeen Garg, Pathologist.

    Dr. Lissie Palathingal, as a moderator, started the discussion with urgent need to make women conscious about their health and self-care. “Rather than only looking beautiful for the sake of others, women must spend more time on their health aspect and get regular health checks along with their husbands.” Dr Heena echoed the same sentiments while highlighting the challenges faced by women especially in her menopausal phase.  “Taking care of yourself doesn’t mean me first. It means me too. And when women take care of their health, they become their best friends. On this Women’s day, I would say that let’s break the bias and educate women about women’s rights whether it be rights at their workplace or regarding their health and family by doing various awareness programmers and supporting each other as being women themselves is a superpower.”

    Discussing a susceptible topic, breast cancer Dr. Anila Sharma, Senior Consultant Radiologist talked about the importance of awareness and screening tests. “The screening or diagnostic test for breast cancer is called mammography. And the main aim is to detect it as early as possible. This is because the smaller it is, the more effective the treatment. There are different age groups according to which we assign which type of test the patient should get.”

    Dr. Gurmeen, a Pathologist at Apollo Clinic, Chandigarh, shed some light on the type of tests a woman should get. She also had a brief discussion about anaemia in women. “When it comes to health, women are less conscious and neglect their health. The self-sacrificing of women is a reality, especially in India. When this behavior grows to ignore one’s health, the situation can go from okay to bad. A healthy and fit woman will be better equipped to aid and nurture others, and all this is possible with awareness and regular health checkups”, said Dr. Gurmeen.

    Addressing the causes of pains and aches in the body, Dr. Jagpal says, “The good health and the healthy living that we talk about or that we wish to achieve, majority of these journeys depends on physical activity. Women over the years go through so many changes physically. The female body also suffers certain deficiencies during these transitions. So to be a woman, the first thing you should do is to get a health check-up.”

    Dr. Tarandeep, the senior Cardiologist added to the meaningful conversation, “No beauty shines brighter than that with a good heart. Take care of your heart, and don’t let it fall apart. Don’t ignore your symptoms and get your regular health checks done because a woman’s heart is, after all, a beautiful gift of God.” He also explained and cleared misconceptions related to women with heart diseases.

    Dr. Bimaldeep Singh added, “Women is the skilled architects of society”. He even explained why pregnant women should not neglect their dental health. “Sometimes women are not even aware of the changes in their body, regular checkups can help them be safe. And nothing is stronger than a healthy woman.”

    Dr. Gursimran added, “A significant amount of the population suffers from Obesity. We have medicines for hypertension, diabetes, but none for obesity. Obesity in women should not be neglected.”

    Dr Rishi Mangat, Diabetologist, General physician, and Managing Director at Apollo Clinic, Chandigarh, also shared her views on how informative sessions like this clears the misinformation and supports the spread of awareness. She applauded the role of SimpliHealth portal and their social media in sharing authentic information and helping women prioritize their health.

    The authentic information from our expert panellists is a trusted source of information, hoping to help all women prioritize their health. An informative session like this clears the misinformation and supports the spread of awareness.

  • Haber brings AI/ computer-vision driven efficiency and sustainability accelerator to the MENA region

    Haber brings AI/ computer-vision driven efficiency and sustainability accelerator to the MENA region

    New Delhi (India), March 9: Haber, an India based AI startup, steps into the MENA market with its industry-transforming technology. Haber develops AI-driven solutions which automate the tedious manual process of sample collection, measurement, analysis and intervention at factories.

    With the economy booming and pacing up, the introduction of AI has become inevitable to achieve maximum efficiency. The process manufacturing industry, which includes pulp and paper, metals and mining, sugar, breweries and others has been no exception to this. There is a need to get rid of cumbersome and error-prone manual processes to grow in the current environment. Haber’s AI-based plug and play solution perfectly serves the needs of the industry and ensures maximum output. It has reduced the time and errors arising due to manual testing and dosing. It has built a first of its kind solution which automates the entire cycle from data collection, analysis and up to intervention.

    After having been tried, tested and proven itself in the Indian markets, Haber is entering the MENA region. It is a very promising market, estimated to be $2 billion across industries. The AI solutions will ensure the industries are at the best of their efficiency as well as sustainability by reducing both water consumption and carbon footprint. Ensuring overall equipment efficiency has been the key behind Haber’s success. Since 2017, Haber has helped the industry save fifty billion litres of water and eliminate half a million tons of carbon emissions.

    “MENA being one of the fastest-growing economies and its lookout for technology to transform the industry has made it the best location for Haber’s next step” mentions Vipin Raghavan,  CEO of Haber, ” The excellent talent pool in this region would further help us in setting up our own manufacturing unit and data science teams here to expedite our services.”  Haber’s entry into the region would thus not only support the industry but also create job opportunities for talent from various fields like engineering, data science and management. The expansion would further be supported by trade agreements between India and countries like UAE, which signed the free trade agreement late last week.

    Haber plans to invest up to $5 million in the coming year to support its expansion. The investment would mostly be focused on hiring new talent in UAE and setting up a factory which would be critical to manufacturing the hardware of eLIXA.

    Haber has exhibited its solutions at the Paperone show happening at Sharjah from the 7th -9th March 2022. The platform was used to launch their SaaS product, Kaiznn. It is an intelligent software, aimed at improving the speed of operations, reducing losses and maximising order fulfilment. Version 4.0 of the flagship product, eLIXA, was also launched. The latest version is a secure system that is 100% resilient to cyber attacks, ensuring complete security of the data which drives action. It also has better ergonomics and 30% lower volume.

    Haber has raised a funding of $27 million to date through three rounds of funding and is backed by Accel, Elevation Capital, Ascent Capital, Beenext, Temasek Partner Mukul Chawla and the founders of Grey Orange.

    boundaries.Haber envisions building a strong team, clientele base and deploying over 200 eLIXAs in this region in the next 2 years. Haber’s expansion is the perfect example of how delivering value to the customer can make a business grow across geographical.

    Haber builds AI solutions to drive sustainability. Based out of Pune, they primarily serve the process manufacturing industry. They automate processes, utilities, and water systems. They drive robotic sampling, real-time testing, statistical model-driven data analysis, intuitive dashboards and automate the dosing of chemicals. Improvements in raw material yield, consistent product quality, and lower downtime have been achieved by Haber. They have empowered plant managers and CXOs with historic and real-time trends and insights enabling operational intervention to achieve sustainability and productivity goals and optimize costs.