Bangalore - Business News Week

business

Customised Ayurveda Beauty Brand Vedix joins hands with Shoppers Stop for offline expansion

Jul 2, 2024 by Sujata 0 Comments #Ayurveda Beauty Brand, #Bangalore, #SIS, #Vedix

Bangalore/Mumbai, 2nd July, 2024: Vedix, the world’s largest customised Ayurvedic personal care brand, has launched an exclusive shop-in-shop store in collaboration with Shoppers Stop. The first SIS has opened in Shoppers Stop, Garuda Mall, Bangalore.

This partnership brings premium customised Ayurveda beauty experience to Shoppers Stop customers. Customers can now benefit from free hair and skin analyzers – advanced devices that provide a detailed understanding of customer issues, enabling more accurate product recommendations and higher efficacy.

Jatin Gujarati, Business Head, Vedix, said “We have a significant presence online in India and across the world, these are our initial days in offline expansion and we are grateful to have Shoppers Stop as our partners. With many industry firsts, such as analyzers, Ayutree, and AyuPods in this store, we are confident that it will create a differentiated experience for Shoppers Stop customers and drive significant engagement.”

Vedix has unveiled its iconic Ayutree, an IOT-enabled device that dispenses customised oil samples in real time. Customers can select their scalp and hair types on a tablet and choose up to two Ayupods. The Ayutree then mixes and dispenses the precise combination, offering customers a free sample tailored to their needs.

In addition, the store also has AyuPods, currently available exclusively in Vedix’s stores, that allow for enhanced customisation of Vedix products based on specific hair and skin goals.

Biju Kassim, Customer Care Associate and CEO of Beauty, Shoppers Stop, said “We are excited to welcome Vedix on board, offering our customers the opportunity to experience personalized Ayurveda integrated with innovative technology for skincare & haircare solutions. This introduction reflects our commitment to providing patrons with modern, immersive experiences and options of personalized product choices in-store.”

Vedix has reached an ARR of Rs 150 crore and currently has a customer base of 15 million.

According to Statista 2024 report, The Beauty & Personal Care market worldwide is expected to generate a revenue of US$646.20bn in 2024 with an annual rate of 3.33% (CAGR 2024-2028), and these innovations may provide hyper-growth opportunities to Vedix in both online and offline formats.

technology

New Relic AI Awarded Best Generative AI Solution

Jun 27, 2024 by Gayathri Pariti 0 Comments #Bangalore, #Best Code Generative AI Solution, #Best Generative AI Solution, #New Relic AI Award, #New Relic Chief Product Officer Manav Khurana, #Steve Johansson

Bangalore—June 27, 2024—New Relic, the all-in-one observability platform for every engineer, announced that New Relic AI has won the AI Breakthrough Award for “Best Code Generative AI Solution.” This recognition reflects the company’s leadership in AI and commitment to making observability accessible to customers from every industry around the world, regardless of prior experience.

New Relic AI can answer natural language questions about system performance, analyze recent changes, summarize dashboards, and assist with platform navigation and onboarding. Its observability insights inform decisions that impact all areas of the business, removing data silos between teams and allowing organizations to standardize on a unified system of intelligence. New Relic AI provides an AI-powered experience that transforms DevSecOps and ITOps workstreams with proactive, context-rich insights and customizable automation at every step of the software and IT service management journey.

“New Relic AI addresses the challenges posed by the increasing complexity of IT stacks. As Gen AI transforms the software development process, the demand for trusted observability increases. Despite this, engineering teams still struggle to grasp the full potential of a trusted observability platform due to overwhelming amounts of data,” said AI Breakthrough Managing Editor Steve Johansson. “New Relic AI revolutionizes observability adoption and practices. It encourages engineers of all backgrounds to unlock observability’s benefits, making it our choice for ‘Best Code Generative AI Solution!’”

“We’re pleased to be recognized in this way by AI Breakthrough. We designed New Relic AI to democratize access to observability,” said New Relic Chief Product Officer Manav Khurana. “Observability is a powerful practice that can help companies scale and drive innovation, and New Relic AI is critical in helping to make observability ubiquitous by removing the technical barriers to entry. We will continue to assist organizations by helping them to deliver better products and customer experiences.”

New Relic AI also makes it simple to debug and fix code-level issues, automate error troubleshooting, isolate root cause, generate system health reports, summarize and analyze dashboards, identify alerting blindspots and more — in virtually any commonly spoken language.

business

Top AI Skills That Will Rule 2024 Job Market, according to Indeed

Jun 27, 2024 by Gayathri Pariti 0 Comments #2024 Job Market, #AI Skills, #Bangalore, #Indeed, #India's AI market, #Sashi Kumar, #the leading global matching and hiring platform

Bangalore, 27 June: Indeed, the leading global matching and hiring platform, today shared data on the most wanted skills for AI jobs in India. The top 5 skills most in demand are Machine learning, Python, AI core skills, Communication skills, and Natural language processing.

India’s AI market is experiencing explosive growth, with projections by Nasscom and BCG indicating it will reach USD 17 billion by 2027, driven by a 25 – 35% compound annual growth rate (CAGR). However, this rapid expansion is creating a significant skills gap, as companies struggle to find qualified professionals with the necessary expertise to implement and manage these evolving technologies. To bridge this gap and thrive in the AI era, it is crucial for job seekers to be aware of and acquire the most in-demand AI skills.

Indeed’s data mention that 42% of generative AI jobs in India mention “Machine learning”, while 40% ask for “Python” skills. Python is highly valued for its flexibility in AI and machine learning. AI core skills and communication skills are also sought after, appearing in 36% and 23% of job ads respectively. Other skills that are in demand are Natural language processing (20%), TensorFlow (19%), Data Science (17%).

Sashi Kumar, Head of Sales, Indeed India, said, “India needs to focus on improving skills to be a leader in global discussions about AI. Companies should help their workers learn more to keep up with the needed skills,” Kumar emphasized the importance of learning these skills for those interested in AI.

business

Aranyakaa Farms Introduces Revolutionary Water Independence Model

Jun 25, 2024 by Gayathri Pariti 0 Comments #Aranyakaa Farms, #Bangalore, #Bangalore's growing water crisis, #Bangalore's real estate sector, #Code Name #H2o Handle with Care, #Mr. Amit Porwal, #Revolutionary Water Independence Model

Bangalore, India, June 25th – In the face of Bangalore’s growing water crisis, Aranyakaa Farms announces its most ambitious project yet: “Code Name #H2o Handle with Care.” This innovative self-sufficient farmland aims to achieve complete independence from external water sources within ten years, utilizing a network of lakes, advanced rainwater collection systems, and a diverse range of plant and animal life. Building on their successful use of artificial lakes, Aranyakaa Farms demonstrates its unwavering commitment to sustainable farming, biodiversity, and future generations.

Aranyakaa farms 25.06.24 (2)

Their innovative practices are already making a significant impact. The Vrindavan project features a massive 45 lakh litre artificial lake, while the 61-acre Berigai, Sarjapur “Code Name #H2o Handle with Care” project includes nearly 100 rainwater harvesting pits and a sprawling 3-acre man-made lake. These projects showcase the significant impact of their work: increased agricultural yields contribute to a more sustainable food system, thriving ecosystems promote a healthier environment, and a culture of water conservation is instilled in residents, ensuring a sustainable future for all.

“At Aranyakaa Farms, we believe that responsible water management is not just a practice but a core value,” says Mr. Amit Porwal, Director of Aranyakaa Farms. “Our innovative water solutions ensure the long-term viability of our projects and contribute to a healthier environment for future generations.”

Having established itself as a leader in sustainable real estate, Aranyakaa Farms boasts a proven track record. In just three years, they have completed nine successful projects and acquired over 600 acres of land. Their success is rooted in a deep commitment to sustainable water management and conservation, crucial for a city in dire need of water solutions.

Aranyakaa Farms implements a multifaceted approach that addresses both water conservation and agricultural diversity, yielding tangible benefits. Rainwater harvesting reduces reliance on costly municipal water, while real-time water monitoring powered by IoT devices enables residents to make informed decisions about water use. Their stunning man-made lakes not only enhance the landscape’s aesthetics but also act as natural reservoirs, promoting biodiversity and replenishing groundwater levels. Aranyakaa Farms is setting a new standard for responsible development in a water-stressed city.

Aranyakaa Farms is revolutionizing Bangalore’s real estate sector with a pioneering approach to sustainable development centered on managed farmlands and cutting-edge water management practices. This dual focus drives remarkable growth and positions them as a company to watch.

The benefits of Aranyakaa Farms’ approach extend well beyond conservation. Their commitment to responsible water use not only translates to long-term value for investors through increased land value and reduced operational costs but also fosters a strong sense of community built around shared environmental responsibility. This makes Aranyakaa Farms a leader in sustainable real estate development. They offer a future-oriented lifestyle that seamlessly blends nature, profit, and community, making them a standout company in the evolving landscape of real estate development.

business

Zendesk launches venture fund to fuel AI startups

Jun 25, 2024 by Gayathri Pariti 0 Comments #Bangalore, #Fuel AI startups, #Michael Chen, #the company providing the most complete AI solution, #Vasudeva Rao Munnaluri, #Zendesk

Bangalore–June 25, 2024 – Zendesk, the company providing the most complete AI solution for CX in the market, today officially launched its global venture fund to back AI-first companies focused on enhancing customer and employee experiences. Zendesk Ventures also announced new investments in PolyAI, a developer of advanced conversational voice assistants, and unitQ, an AI-powered customer feedback platform. The fund empowers emerging companies to unlock their potential by providing capital, CX and AI expertise, and strategic partnership opportunities for growth and innovation.

“Every organization is on a path to becoming AI-driven, and we’re eager to form partnerships with companies leading this new era,” said Ben Barclay, SVP of Strategy, Corporate Development, & Transformation, Zendesk. “Our goal extends beyond building our own products; we’re also supporting an ecosystem of startups whose visions align with ours. Customer and employee service is changing rapidly because of advancements in AI. Investing in these companies does more than drive their growth, it elevates our customers’ ability to provide exceptional interactions.”

“With the Make AI in India initiative by the Union government, the AI startup ecosystem is booming in India. Unique value propositions and immense growth potential make AI startups a great investment in India. Zendesk Ventures is focused on bringing the best technology, products, people and network together, to empower AI-first startups in the country that are focused on solving meaningful business problems in the CX and EX space. We are excited for what the future holds for AI startups in India – and the place Zendesk can play in their development,” said Vasudeva Rao Munnaluri, RVP India & SAARC, Zendesk.

The Zendesk Ventures portfolio already includes conversational intelligence platform Observe.AI, and field service management software provider, Zuper. The two new portfolio additions announced today are focused on AI-powered CX and operational efficiency:

● PolyAI, a voice-focused solution, allows Zendesk customers to handle complex interactions such as order tracking and delivery updates as natural as a human conversation. This capability has increased revenue for customers across a variety of industries while also reducing human agent call volumes and time spent on inquiries.

● unitQ, an AI-powered product quality platform, enables businesses by efficiently collecting and analyzing customer interactions and feedback across a range of 60+ sources in real-time, to pinpoint the root cause of all user fiction and improve Net Promoter Scores (NPS).

“The market is clamoring for more proficient, personalized customer experiences. This investment in a Zendesk and PolyAI future, alongside our mutual connections in the call center space, signals a powerful synergy,” said Michael Chen, VP of Alliances, PolyAI. “With Zendesk Ventures strengthening our existing partnership, we’re poised to accelerate product innovation and enhance customer engagement, leveraging our voice AI technology to continue to deliver authentic, high-quality interactions over the phone. Together, we’re eager to forge the path ahead to the next generation of CX.”

“Partnering with Zendesk means joining forces with a leader that opens doors to top-tier talent and industry networks,” said Christian Wiklund, Co-Founder and CEO, unitQ. “This experience has cultivated a rich pool of insights that benefits our entire portfolio. We’ve gained more than just funding – we’re now connected to a community and receive tailored mentorship to help our company’s growth.”

news

Dhyan Foundation to open new Dhyan Center on Sunday At Banjara Hills to teach free Yoga

Dhyan Foundation is the only Indian non-profit body to work with Border Security Forces (BSF) to rehabilitate cattle

Ashwini Guruji under whose guidance the classes delivered lectures at prestigious institutions like IIM, Bangalore, Oxford University, London etc.

Hyderabad, June 20, 2024….Dhyan Foundation, a volunteer-driven social organisation is to open a New Dhyan Center in Banjara Hills for Free Yoga Training. It will be the state-of-the-art Yoga Studio. It will be formally opened on Sunday by its volunteers.

Dhyan Foundation works for the welfare of animals, particularly the Indian sacred animal cow. It is the only organisation working with the Border Security Force (BSF) to rehabilitate cattle rescued from the Indo-Bangladesh border.

Disclosing this in a press note issued in Hyderabad, the Dhyan Foundation spokesperson said the centre which is coming up in the centre of the city at Banjara Hills is its place and can accommodate up to 200 people. It will teach every aspect of Yoga by volunteers who are students, homemakers, lawyers, journalists, doctors, and CEOs under the guidance of Ashwini Guruji of Dhyan Ashram.

Soon it will run a few special sessions of Secrets from Sanatan Kriya for eternal youth & glow and a brilliant mind, under the guidance of *Ashwini Guru ji* of Dhyan Ashram.

Ashwini Guruji is an embodiment of the gyan of the Vedas. He follows the Guru-Shishya parampara in its totality, He believes yoga is a sadhana and not a business. The foundation is committed to the cause of spreading awareness about the authentic path of yoga, as laid down by Sage Patanjali 4,500 years ago. Be it conducting lectures at various prestigious institutions like IIM, Bangalore, Oxford University, and London, authoring masterpieces on esoteric subjects (including the thesis on anti-ageing, Sanatan Kriya – The Ageless Dimension) or taking seekers from across ages on spiritual sojourns to places of importance in the Vedic culture – He has continuously enlightened us about our history.

From revealing to us the deep secrets hidden under the Earth at the Patal Bhuvaneshwari Caves, interpreting the ancient Vedic symbolism of the Rollright stones in the UK, to uncovering astounding revelations of the Sigiriya rock in Sri Lanka, Ashwini Guruji has enlightened us about the Vedic relevance of each of these places.

Formed in 2002 to share and spread the gyan of the original and pristine form of yog, Dhyan Foundation, today is a global phenomenon with centres all across the world where Sanatan Kriya (Patanjali Ashtang Yog in its original, undiluted form) sessions are conducted free of cost as per the ancient Guru-Shishya Parampara. Thousands across the globe have benefited physically, emotionally, mentally and spiritually from the practice of Sanatan Kriya.

Dhyan Foundation runs several animal welfare programmes for dogs, birds, cows, monkeys and many other animals. Today, it has over 47 shelters and gaushalas and we provide aid, care, food and shelter to over 70,000 animals.

Those interested in training in Yoga free of cost may please reach out to Dhyan Foundation at Road no 10 Banjara Hills Hyderabad 500034, Google location pin https://maps.app.goo.gl/tr6BEkzMCgFvgDys5?g_st=iw. For more information, please drop in at 8465005989, 9393468680. Please visit the Dhyan Foundation website Www.dhyanfoundation.com

news

EuroSchool Chimney Hills Launches Phase 2: New Campus with Advanced Facilities for Enhanced Learning Experiences

Jun 17, 2024 by Gayathri Pariti 0 Comments #Bangalore, #EuroSchool, #EuroSchool Chimney Hills, #EuroSchool Chimney Hills Launches Phase 2, #Gurinder Kaur, #One of the leading CBSE Schools of Bengaluru, #Principal of EuroSchool Chimney Hills

Bangalore; June 17, 2024: EuroSchool Chimney Hills, one of the leading CBSE Schools of Bengaluru, unveils its Phase 2; a new school campus with a host of new amenities for sports, arts and immersive learning. This marks an extraordinary leap in the 11-year journey of EuroSchool in Chimney Hills. Phase 2 brings a new and fully equipped 3-storeyed school building, adding a capacity of over 1,000 students from Nursery to Grade 12.

PHOTO-2024-06-16-15-32-58

Spanning across a lush 5-acre campus, EuroSchool Chimney Hills currently accommodates over 1,000 learners. The school will now feature best-in-class amenities such as digitally enabled classrooms, a Cricket Pitch, a Football Ground, a Basketball Court, a skating rink and a half-Olympic-size Swimming Pool. The school is situated atop a picturesque hill and overlooks a scenic panoramic view of the Bengaluru city, providing a fresh and bright place of learning.

Commenting on this encouraging expansion and campus upgrade, Gurinder Kaur, Principal of EuroSchool Chimney Hills, said, “Over the last decade, EuroSchool Chimney Hills has emerged as the preferred learning destination for parents in and around Chimney Hills and Hesaraghatta. The launch of the new amenities and a dedicated, fully equipped Phase 2 building marks a significant milestone in the journey of EuroSchool Chimney Hills. Our students have demonstrated outstanding academic accomplishments and complemented this by excellence in co-curricular and extra-curricular activities. This has been our source of pride and energy over the last decade. All the initiatives here are designed to provide young students with diverse learning experiences. I welcome parents in and around Hesaraghatta to the re-energised EuroSchool and help their children discover themselves and build a better world.”

Speaking at the event, Mr A S Kiran Kumar, an Indian space scientist and former chairman of the Indian Space Research Organisation (ISRO), said, “It is a privilege to be part of this occasion where EuroSchool Chimney Hills is enhancing student capabilities and providing opportunities for self-exploration. In today’s rapidly evolving world, education faces unprecedented challenges. Schools play a critical role in helping students understand themselves and the universe, applying knowledge for the betterment of society. India’s handling of issues like COVID-19 highlights the importance of such an approach,” adding, “Schools like EuroSchool exemplify holistic development, offering opportunities beyond academics. The process of learning is what truly matters. As India aspires to become the third-largest economy, our children must learn and use technology to solve societal problems and promote harmony. I commend EuroSchool for providing a nurturing environment that helps students realize their full potential.”

Expressing enthusiasm, Reelda T, EuroSchool Chimney Hills parent of Grade 7 student Devna D, commented, “I am delighted to hear that EuroSchool Chimney Hills is going through an upgrade. Aarav has been part of EuroSchool since Grade 1, and I have

witnessed the school evolving and my son growing with the school over the years. I congratulate the School Principal and school leadership for their ongoing efforts to introduce new features and programs, making learning fun and engaging for our children.”

Education

Strate School of Design Opens Admissions for 2024 Design Programs

Jun 10, 2024 by Gayathri Pariti 0 Comments #2024 Design Programs, #Bangalore, #Interaction Design, #Jain University, #Master of Science in Design, #Strate School of Design, #Transportation Design

Bangalore, 10th June, 2024 – Strate School of Design, in partnership with Jain University, has announced its admission criteria for the 2024 academic year across its various programs. Strate School of Design offers specialisations in Product Design, Transportation Design, Interaction Design, and Visual Communication & Brand Identity.

STRATE_02

Strate School of Design is offering admissions to a range of programs. For those seeking an undergraduate degree, Strate offers a 3-year Bachelor of Science in Design (B.Sc.) program and a more in-depth 4-year Bachelor of Science Honours in Design (B.Sc. Hons.) program. If you already hold a Bachelor’s degree and are interested in pursuing further design studies, Strate offers a 2-year Master of Science in Design (M.Sc.) program. Additionally, there is a comprehensive 5-year Integrated program that combines both a Bachelor’s and Master’s degree in Design.

Prospective students must undertake the Strate Admission Test as part of the admission process. Eligible candidates can apply online through Applicants are encouraged to review the eligibility criteria for their chosen specialization to ensure a smooth application process that promotes academic excellence.

news

Axis Bank organizes cleanliness drive at Nandi Hills in Bangalore

Jun 10, 2024 by Gayathri Pariti 0 Comments #Axis Bank, #Bangalore, #Ms. Arnika Dixit, #Nandi Hills in Bangalore, #One of the largest private sector banks in India, #World Environment Day 2024

Bangalore, June 10, 2024: To mark World Environment Day 2024, Axis Bank, one of the largest private sector banks in India, organized ‘Open for the Planet Clean-A-Thon’- a cleanliness drive at Nandi Hills in Bangalore. More than 111+ volunteers including the Bank’s branch employees, local communities, environmental activists/influencers, local authorities participated in this initiative and collected 106 kg of waste from the tourist site. The volunteers also educated the local people about the importance of environmental sustainability and cleanliness.

Clean-a-thon_Nandi Hills, Bangalore Image

The Bank’s ‘Open for the Planet’ Clean-a-thon campaign will run from 5th – 12th June, covering 20+ high-footfall tourist destinations across India, including cities such as Mumbai, Pune, Varanasi, New Delhi, Guwahati, Vishakhapatnam, and Hyderabad. This initiative aligns with the United Nations’ overarching theme for World Environment Day 2024: “Our land. Our future. We are #GenerationRestoration.

Applauding the efforts of the participants, Ms. Arnika Dixit, President and Head – Branch Banking, Axis Bank said, “At Axis Bank, we firmly believe that the responsibility to protect our planet lies with each one of us, and through this initiative, we aim to instill a sense of environmental consciousness and responsibility amongst fellow citizens. We hope that through this initiative, our collective efforts will teach the next generation about the importance of protecting our environment to safeguard the future.”

Tag: Bangalore

Dhyan Foundation is the only Indian non-profit body to work with Border Security Forces (BSF) to rehabilitate cattle

Ashwini Guruji under whose guidance the classes delivered lectures at prestigious institutions like IIM, Bangalore, Oxford University, London etc.