preparation from skilled mentors, the programme is enabling students to better understand the concepts
NeoBenk fastfunding for startups NeoBenk Ventures has set aside a USD 10 million (approximately Rs.7.5 crore) fund for Indian startups in digital payments from its global investment program of USD 50 million (approximately Rs.37.5 crore). By offering fast-funding to startups and businesses in a volatile market, the strategic investment arm of the multinational financial institution, NeoBenk, known to invest in currency exchanges, money service businesses, and payment and remittance solutions among other new interest areas is aiming to develop a successful startup ecosystem. It will also facilitate local partnerships through the mass adoption of digital payments. Startups or businesses can apply for fundraising through NeoBenk’s Global Partners Program. NeoBenk Ventures will engage with them virtually before deciding to invest within a 20 day period.
and instil smarter problemsolving in a confidencebuilding exercise. As per the records, 70 per cent of the
alumni of this programme have made it to the country’s prestigious institutes of which 23 per cent belong to SC and ST category. Since 2013-14, over 616 students across 62 JNV schools in Pondicherry, Kolhapur, Mangalore and Palghar have benefitted from this programme. In 2020, 43 students aced the IIT JEE Mains and 27 cleared IIT JEE Advanced. JNV Puducherry centre has become the leading centre this year with over 89 per cent and 100 per cent success for IIT JEE Advanced and JEE Mains respectively.
JK Tyre partners ‘Choupal Saagars’ JK Tyre & Industries Ltd., has collaborated with ITC’s e-Choupal under the ‘Choupal Saagars’ initiative. Aimed at leveraging its presence in the states of Madhya Pradesh, Maharashtra and Uttar Pradesh, the tyre manufacturer wants to penetrate deeper in the tier markets and engage better with the rural communities. To engage across the three states, in a phased manner, with its integrated rural services hubs, JK Tyre is also looking to enhance brand recall. Target group discussions with the help of influencers and customer meets have been identified as key means to meet the objective. The company recently partnered Kia Motors India as a tyre partner for the Seltos. www.autocomponentsindia.com
AUTO COMPONENTS INDIA n DECEMBER 2020
Tata Motors in association with Avanti Fellow NGO is helping unprivileged students prepare for NEET, IIT JEE Mains and IIT JEE Advanced competitive exams. It is offering special coaching classes and grooming, for instance, to students of Jawahar Navodaya Vidyalaya Samiti (JNV). The Original Equipment Manufacturer is conducting sessions for class 11 and 12 students with a penchant for science and technology to achieve their ambitions. Claimed to offer unique peer-to-peer learning facilities along with focussed
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Underprivileged do well with Tata Motors’ support
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