November, 2021 - Business News Week

business

Anticus Partners adopts PE Front Office to facilitate its Investment Process

Nov 30, 2021 by Neel Achary 0 Comments

This engagement will enable Anticus Partners to utilize PE Front Office Platform to manage its entire alternative investment portfolio.

New Delhi, November 30, 2021: PE Front Office, the end-to-end integrated solution for Alternative Investment Management, announced that Anticus Partners, a UK based venture capital firm, has adopted PE Front Office to help manage its investment management business.

This relationship will not only expand the existing client base of PE Front Office in UK, but also enable Anticus Partners to utilize the SaaS solution to facilitate its investment process.

Stephen Cardwell, Partner at Anticus Partners, said “We have been highly impressed by the PE Front Office product and the dedication and professionalism of the PE Front Office team – who both understood our requirements and tailored the SaaS solution to meet our business needs”.

Speaking on this recent association, Raghav Gupta, Senior Director of PE Front Office, said, “We are thrilled to onboard Anticus Partners as our client. We look forward to working with and supporting the Anticus team.

About Anticus Partners

Anticus Partners Limited is authorised and regulated by the UK Financial Conduct Authority and currently manages the Finance Yorkshire Equity Fund, which has invested in 53 SMEs within the Yorkshire region. Anticus has also recently been awarded two new investment mandates – a Seedcorn Fund and Growth Fund – to further invest into promising companies within the region.

About PE Front Office

PE Front Office is the only comprehensive and integrated suite of products that has been developed with a focus on the front and middle office processes for alternative investment management – Private Credit/Debt, Private Equity, Venture Capital, Fund of Funds, Real Estate Funds, Limited Partners, and Fund Admins.

PE Front Office solution is available as a cloud-based subscription model and can also be deployed on the client premises. Our software-as-a-service (SaaS) solution is hosted on a fully secure, virtual, private cloud that’s dedicated and exclusive to each customer.

business

Simplilearn Completes First Ever ESOP Buyback Worth Rs. 48.74 Crore, Benefitting Employees Company-wide

Nov 30, 2021 by Neel Achary 0 Comments

Mumbai, 30 November 2021: Simplilearn, the world’s #1 Online Bootcamp for digital economy skills training, today announced its first-ever Employee Stock Option Plan (ESOP) buyback worth Rs. 48.74 crore. This event is the first time ESOPs have been bought back by the company. The buyback was undertaken as part of the recent investment by Blackstone earlier this year.

The company had offered active employees to liquidate up to 25% of their vested ESOPs as part of this buyback. 65% of the active employees with ESOPs liquidated their options as part of this buyback process. The company also rewarded all these employees with additional new ESOPs for their continued contribution to its growth and their help in establishing Simplilearn as the World’s No. 1 Online Bootcamp.

Deriving over 60% of business currently from international markets, Simplilearn is on an aggressive growth path and is further strengthening its global team. With employee wealth creation as a key part of the people strategy, Simplilearn is hiring leaders across all levels in the Indian and U.S. markets.

This hiring includes the recent addition of Deborah Quazzo to the company’s board of directors and the appointment of Saurabh Arya as the Vice President- Simplilearn Enterprise, with many others joining in the next few months.

Speaking on the development, Krishna Kumar, Co-Founder and Chief Executive Officer, Simplilearn, said, “Having launched our ESOPs plan in 2012, this was an ideal time to offer liquidity on the same. For many of our employees, this was their first opportunity in their professional lives to own or liquidate ESOPs. We are happy to be able to remunerate our employees for their contribution with the buyback. This also provides a great chance to create wealth, given that we also issued new, additional ESOPs for the future.”

He added, “Continuing on our growth path, with the Blackstone investment and renowned leaders joining us, we look forward to expanding our offerings and the corresponding employee base significantly over the next couple of months. With enterprise and university partnerships in the pipeline, in both India and globally, we foresee a significant boost in Simplilearn’s business.”

Simplilearn’s programs span all essential digital skills such as AI, Data, Full-stack, Cloud, and Digital Marketing and across 30+ critical digital economy roles in an enterprise, with comprehensive learning paths. These programs are co-created with leading universities like MIT and Caltech and leading industry partners like IBM, Microsoft Azure, and Facebook, ensuring the best learning outcomes. Simplilearn’s platform has learners from 400 of the Fortune 500 companies. The Simplilearn engagement models with partners primarily provide solutions for New Hire On-Boarding, Role Aligned up-skilling with Organization-wide Digital Transformation Skill Development, and Leadership Development.

To know more, please visit www.simplilearn.com/

business

Sober: India’s first distilled non-alcoholic spirit, a social non-drinker’s dream come true!

Nov 30, 2021 by Neel Achary 0 Comments

India’s first distilled non-alcoholic spirit, Sober is a social non-drinker’s dream come true! Created with the idea to bring forth an extraordinary replacement to your average alcoholic drinks, Sober brings forth a spirit that tastes like gin, feels like gin minus the alcohol, hangover and calories.

Putting forth a choice, whether you’re driving, training, dieting, parenting, waking up early, abstaining for religious reasons or planning to quit drinking altogether; Sober satiates one’s alcohol cravings, providing the same drinking experience devoid of alcohol, hangovers and calories!

Sober- Founder

Sober Gin is the first product from the portfolio of Sober (Distilled Non-Alcoholic Spirits). It is distilled with organically grown herbs and mood-enhancing adaptogens such as Ashwagandha, Tulsi and Natural Green Tea Extract, exuding the same taste and flavour as the spirit without the negative after-effects alcohol brings along. Natural herbs and botanicals are beneficial ingredients, boosting the mood, relieving stress and anxiety- making the drink an impeccable alternative.

Always wanting to explore the beverage business, Sober is the brainchild of founder Vansh Pahuja, who sought the gap in the market- finding either fancy cocktails or sugary mocktails on restaurant and bar menus; working to strike a balance between the two. With bartenders getting their due credit, now being termed as ‘liquid chefs’, the Cocktail culture in India is on a high rise, leaving minimal to no space for good drinking options for those looking to give the spirits a miss. Sober seeks to bring the same experience to non-drinkers.

Speaking about the birth of Sober, Vansh said ‘An array of personal instances lead to the culmination of Sober for me- be it finding only water or soda as a sober drinking choice while my friends clinked drinks at a bar one day, or finding my father a replacement for his beloved whiskey that was now advised against by his doctor. The last thread was when my pregnant friend felt left out of her own celebration as we rose a toast to her, I knew I had to create a
sensible solution for this’ As a global pandemic shook the world, India’s government banned all liquor stores, while on the other hand, all bars and restaurants were shut down. This was a turning point for Sober, as patrons now craved an apt replacement for alcohol. Guidelines on strengthening the immune system made headlines, through which wellness was stressed upon and alcohol was cut down.

Vansh then realised the power of Sober- one both beneficial and exciting. While tea or fruit juices could never replace drinks at a social gathering, tonic waters and premixes also limit patrons to limited choices. Sober brings forth freedom of choice- replacing the traditional gin as a base, letting consumers add their mixer of choice- creating with it what they love best!

Sober Gin substitutes 1:1 in place of any traditional alcoholic gin. It can be poured with any tonic, water or soda, or any beverage one would ideally add gin to, making for a sensational sipping experience.

Guaranteed not to feel left out; be it a night out one must safely drive home from, or religious reasons to stay sober- be it pregnancy or merely freedom of choice- Sober is the solution to all non-drinkers woes- giving them the same experience as all others!

Currently, the first batch of Sober Gin is being distilled and prepared in collaboration with Spaceman Spirits Lab and is expected to market this Winter. In the future, the brand seeks to create Sober Rum, and eventually add Sober Whiskey to their portfolio as well.

Website: https://drinksober.in
Instagram Link: https://instagram.com/drink.sober?utm_medium=copy_link

news

Afaq Ahmed Memorial National Award 2021, bestowed to Senior poet & author Shri Santosh Choubey for Hindi Adab

Nov 30, 2021 by Neel Achary 0 Comments

Bhopal, November 30, 2021: Mr Santosh Choubey, Senior Poet-Storyteller, Director at Vishwarang and Chancellor at Rabindranath Tagore University, was awarded National Award for Hindi Adab instituted in the memory of eminent litterateur Professor Afaq Ahmed under the joint aegis of Sabrang Cultural and Arts Committee, Bhopal and Halqa-e-Arbab-e-Adab. The award ceremony was held at State Museum, Shyamala Hills, Bhopal. On this occasion, Janab Zia Farooqui was honoured with National Award Braye Urdu Adab.

This award is presented annually by the cultural organisation- Sabarang Literary, Cultural and Arts Committee, Bhopal to individuals who have done remarkable work in the field of Urdu and Hindi literature and education. Presiding over the function, Prof. Hassan Masood said that Prof. Afaq Ahmed was not just a person but an idea and honouring him is like keeping that same idea alive.

Mr Santosh Choubey said that Prof. Afaq’s contribution in the field of literature and education is exemplary. On this occasion, Santosh Choubey recited his selected poems, which were highly appreciated by all.

Devi Saran, the chief guest of honour ceremony, former administrative officer and associate of Prof. Afaq Ahmed, said that Afaq was a strong connection between Hindi and Urdu writers. Events like this are important to carry forward the democratic tradition of progress. Senior critic Mr Ramprakash Tripathi said that Mr Afaq was like an encyclopedia of Urdu language.

Dr Nushrat Mehdi, Director of Urdu Academy, said that Mr Afaq had many dimensions of personality that made him extraordinary. He did notable work while he was in All India Iqbal Markaz and M.P. Urdu Academy.

State’s senior literature Mr Rajesh Joshi was also present at the program. Dr Shafi Hidayat Qureshi, educationist and patron of Sabrang, renowned writer and poet Mr Iqbal Masood, and Urdu journalist Dr Mahtab Alam also expressed their views. The guests were extended a welcome by Shayan Qureshi- Secretary, Sabrang and the office bearers and the young litterateur Mr Badra Vasti conducted the event.

news

News18 India to host ‘News18 India Chaupal’ on Dec 1-2

Nov 30, 2021 by Neel Achary 0 Comments

Delhi, November 30, 2021: News18 India is all set to host its marquee initiative ‘News18 India Chaupal― Desh Ka Sabse Bada Manch’ on 1-2 December. The 2-day summit will witness India’s top politicians, thought leaders, policymakers, sports, and film stars come together to discuss, debate, and deliberate the contemporary issues that India faces.

True to its name, the culturally rich platform with rural ambience will create a direct connect with viewers by giving them a chance to listen to the country’s most impactful voices on the issues that concern the country.

The agenda of this year’s edition is set around themes such as 75 years of Independence, 50 years of Indo-Pak 1971 War (Bangladesh), upcoming Assembly elections in Uttar Pradesh, Uttarakhand, and Punjab among others, key socio-political and economic issues, and the way forward.

India’s top leaders such as Uttar Pradesh CM Yogi Adityanath, Delhi CM Arvind Kejriwal, Karnataka CM Basavaraj Bommai, Chhattisgarh CM Bhupesh Baghel, Haryana CM Manohar Lal Khattar, Assam CM Himanta Biswa Sharma, Union Health Minister Mansukh Mandviya, Union Minister of Road Transport and Highways Nitin Gadkari, Union Minister of Railways, Communications and Electronics, and Information Technology Ashwini Vaishnaw, BKU Leader Rakesh Tikait, and Bollywood actors Ayushmann Khurrana, Vaani Kapoor, Abhay Deol, and many others will grace the event as speakers.

#News18IndiaChaupal will also host impactful debates on the upcoming elections, role of opposition, the roadmap to 2024 elections, and other issues. The panel will feature top political voices in the country such as Congress leaders Kanhaiya Kumar, Randeep Surjewala, Gaurav Vallabh, AAP leader Sanjay Singh, BJP MP Sudhanshu Trivedi, and others.

The sessions will be moderated by the channel’s team of leading anchors such as Kishore Ajwani (Managing Editor, News 18 India), Amish Devgan, Prateek Trivedi, Aman Chopra, Amitabh Sinha, and Preeti Raghunandan.

News18 India Chaupal will be telecast on 1st December from 6 pm onwards and on 2nd December 11 am onwards on News18 India.

business

ZunVolt Launches The Mini Wi-Fi UPS For Uninterrupted Connectivity

Nov 30, 2021 by Neel Achary 0 Comments

The energy-backed company ZunVolt based in Gurugram has introduced the much-anticipated Mini WiFi UPS to make life viable for everyone. We are living in a time when the internet is a constant need and an unwelcoming sudden power cut can often lead to irreversible hindrance. ZunVolt mini WiFi ensures continuous WiFi connectivity through routers and modems even during power cuts. These WiFi UPS can be bought online across popular e-commerce websites like- Amazon, and Snapdeal. Not just online, ZunVolt has also collaborated with hundreds of dealers and distributors on the ground to mitigate the expanding demand. ZunVolt is committed to its customers with an aim to touch 5 million homes in 5 years.

As the ZunVolt mini Wi-Fi UPS sees the light of day, the Founder & CEO of zunpulse, Pranesh Chaudhary says, “We are finally launching the mini Wi-Fi UPS after much deliberation. After seeing the inherent need for power backup across the country, mini Wi-Fi UPS should be quite popular among customers.”

ZunVolt mini Wi-Fi UPS is essentially designed to facilitate customers with incessant Wi-Fi connectivity by providing power backup for up to 5 long hours. These 12 Volts mini Wi-Fi UPS are very easy to use where one just needs to plug the UPS and play. It doesn’t end there, customers can also connect this super handy mini UPS with innumerable types such as 12V DC Wi-Fi routers, broadband modems, set-up boxes, and even CCTV cameras.

Get your hands on the ZunVolt Wi-Fi UPS through www.amazon.in/ZunVolt-Min and www.snapdeal.com/product/zunvolt

Since its inception in 2020, ZunVolt eases customers into smart home products by rendering maximum benefits with its expanding range of products. With the launch of this magnificent Wi-Fi UPS, ZunVolt is also eyeing to put together an array of incredible products.

If you are interested in partnering with ZunVolt, please contact us at www.zunsolar.com

About ZunVolt

ZunVolt is India’s own energy-based brand with a range of advanced products that cover home power backup and home electrical spaces. It is an initiative started by zunpulse, a home-tech company powered by a mix of Image Processing, Virtual Reality, IoT, and Data Analytics. It is providing sense and control of every appliance in one’s house through in-house developed IoT-enabled hardware and accompanying apps. The company was founded in June 2016 by Mr. Pranesh Chaudhary and Mr. Sushant Sachan, both alumni of IIT- Kharagpur.

business

Qlik Extends Advanced Machine Learning Capabilities in Qlik Cloud With Amazon SageMaker

Nov 30, 2021 by Neel Achary 0 Comments

Bangalore – Nov 30, 2021 – Qlik® deepened its work with Amazon Web Services (AWS) today with the release of an advanced analytics connector for Amazon SageMaker and integration with Amazon SageMaker Autopilot. These integrations increase the breadth of advanced analytics capabilities already available in Qlik Cloud®, providing seamless integration to Amazon’s advanced machine learning capabilities all via Qlik’s Active Intelligence Platform™.

“Advanced machine learning capabilities to drive more predictive and prescriptive analytics is an important part of our vision for Active Intelligence, where businesses can seize every business moment. Now users of Amazon SageMaker can take advantage of their offerings directly in our SaaS platform, opening up even more opportunities,” said James Fisher, Chief Product Officer at Qlik. “This capability supplements what is available today via Qlik AutoML, and illustrates our ongoing commitment to being a fully open, independent platform for data.”

The new Amazon SageMaker connector is part of Qlik’s Advanced Analytics Integration strategy, offering native, engine-level integrations built directly into Qlik’s cloud analytics. It enables direct data exchange between Qlik’s Analytics Engine and Amazon SageMaker to deliver a set of predictive data and updated calculations in real time as the user interacts with the data. Additionally, the new integration with SageMaker Autopilot, available through Qlik Application Automation™, will enable less technical users to create their own predictive models, expanding the potential of predictive analytics to more analytics users in the organization.

These new integrations further extend Qlik’s existing augmented analytics capabilities through Insight Advisor, which auto-generates advanced analytics and insights, automates creation and data preparation, and supports natural language interaction. Qlik expanded its augmented analytics capabilities recently with Qlik AutoML, a no-code automated ML capability aimed at helping business analysts and analytics teams create models and perform predictive analytics in a complementary fashion to data scientists. Together, users can now leverage the sophisticated models created in Amazon SageMaker to make business decisions, with AutoML alongside to generate additional value where data scientists don’t focus.

To learn more about Qlik’s data analytics and data integration solutions on AWS, visit https://www.qlik.com/us/products/technology/amazon-web-services.

business

One Life Studios acquired Tennis Premier League (TPL)

Nov 30, 2021 by Neel Achary 0 Comments

One Life Studios acquired Tennis Premier League (TPL) cheered on by Tennis legends Goran Ivanisivec, Leander Paes and now Sania Mirza

TPL now one of the most sought after sports and entertainment properties

After having made a long standing impact in the film, OTT and television world, One Life Studios (OLS) is getting set to make a mark in premium sports entertainment as exclusive global media licencing and syndication partners for the 3rd season of India’s most anticipated tennis event : Tennis Premier League (TPL). What takes this to a whole other level is the fact that the league is meant to see some of the bigwigs of tennis supporting various teams starting with former Wimbledon champion and currently the coach of world No 1 tennis player Novak Djokovic, Goran Ivanisevic and now Sania Mirza.

Both these biggies, along with others soon to be announced, will be seen supporting and mentoring their respective teams – Sania Mirza for the Bengaluru Spartans and Goran Ivanisevic for the Rajasthan Tigers. Both are expected to be seen on the courts as well when their teams compete in this never seen before 20 point team sport format of the game.

Speaking about supporting the Bengaluru team, Sania Mirza says, “I am very happy to be associated with tennis premier league and my team Bengaluru Spartans has my full support and guidance. What truly attracted me to this league is its unique 20 point format and how interestingly they have made tennis a team sport. I am always happy to build, promote and strengthen tennis as a sport in our country as it is the need of the hour. Tennis has given me everything and I thought tpl is a wonderful opportunity for me to give back to the sport and all the talented budding players of our country. We have some great upcoming talent in our country and it’s great that tpl is giving a platform to these players to rub shoulders with professional national and international players”.

Talking about the league becoming one of this year’s most lucrative properties to market, OLS’s head honcho Siddharth Kumar Tewary says, “TPL’s new, fast paced 20 point format and Kunal and Mrunal’s unending efforts over the last couple of seasons have already brought TPL into the sporting zeitgeist. With support from tennis legends like Goran, Leander and now Sania, TPL has become one of most sought after properties amidst potential media partners. We have already received a terrific response from numerous media platforms who would like to give the league’s effort a global audience footprint. TPL will not just be a treat for avid tennis lovers like me but, with the right syndication partners, will also give birth to a whole new segment of audiences who will tune in and enjoy the new 20 points team format.“

health

The boom in Digital Healthcare in India

Nov 30, 2021 by Neel Achary 0 Comments

Healthcare is one of the industries that is rapidly growing in the Indian market. The new digital health-tech start-ups are emerging and replacing the traditional approach of treatment that has changed the entire scenario of healthcare in India. Digital health care set-ups are coming with unconventional ideas that are creating a breakthrough from traditional stigmas. The innovation in the sector also got accelerated when the lockdown started affecting day-to-day requirements, emotional health, fitness for people. These platforms are providing services in almost every domain of health and fitness. Right from getting mental health supervision to getting surgeries, booking, fitness etc., everything can be done digitally, sitting at the comfort of your homes.

GLAMYO

Glamyo is a multi-specialty healthcare start-up, based in New Delhi, that provides services like elective surgeries and cosmetic procedures, the brand provides people the convenience of round-the-clock assistance and aims at bettering the lives of common people with cost-effective and efficient services.

Health-kart

Health-kart is a start-up based in Gurugram that provides health products and health services to help consumers achieve their fitness goals. The brand sells high-quality health supplements, fitness equipment, weight loss products, etc. Their products are delivered to the buyers through a combination of an online portal and 95 retail stores.

HealthifyMe

HealthifyMe is an Indian health-tech start-up that provides services like calorie tracking, fitness coaching, diet and workout plans, etc. HealthifyMe is a revolutionary app on a mission to transform billions of lives. It now also provides services in South East Asia and is presently the largest weight loss and fitness app in the market.

LISSUN

Lissun is a Gurugram based mental health start-up that aims at normalizing mental health in the Indian subcontinent and also aims to integrate mental health care into primary health care. It has a chat bot-based user interface which makes it more comfortable and convenient for people to share their concerns without feeling judged. Lissun is removing the stigma when it comes to mental health, not just among its clients but also among its investors and stakeholders.

Avni

Avni is a female health-based start-up that works towards providing women with better female hygiene products, from cloth pads to menstrual cups to intimate care wipes, etc. Avni aims at removing the myths around female hygiene and also aims at reducing the negative impact on the environment and sustainable development.

Archive: November 30, 2021

GLAMYO

Health-kart

HealthifyMe

LISSUN

Avni