20 Most Promising startups to watch 2023

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SAILING THROUGH ODDS…

Henry Ford has quoted once, “When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” And the entrepreneurs of the present generation have understood the assignment very well. Talking about the present status of the business world, we can surely assert that “comebacks” are always more powerful than “setbacks”.

This exclusive edition is entirely dedicated to all our zealous and inspiring business leaders out there in the market. The members of our Innovative Zone family have put their utmost effort and skills to bring this particular edition to the table for you. And we can assure you that every single page that you will flip will add extra value to your life and will immensely influence the upcoming entrepreneurs. Now, jumping straight to the data of the business surveys, more than 5.4 million new business ventures have been launched in the market recently. This truly shows that neither a hurdle nor a pandemic can stop an entrepreneurial brain to flaunt its talent.

Our editorial team had an interesting and joyful virtual session with the leadership panel of GenesisGas. The Co-Founder & CTO, Dr. Indrajeet Chowdhary shared numerous lesser-known facts about the company and also shed some light on his overall entrepreneurial journey so far. His impeccable journey and dedication to the business world, highly inspired us-and made us feature them on the cover of our exclusive edition. We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will surely encourage them to break the barriers and chase their dreams.

At last, I would say that your consistency and focus are the main stepping stones on the path to success. Just be focused and try your best to sustain consistency to excel in your goals with flying colors. I would like to sign off with a quote for our entrepreneurs out there by Mark Zuckerberg, “A simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.”

Gulshan Parveen

Gulshan Parveen@businessconnectindia.in

Vol - 5|Special Edition|May 2023

Publisher & Editor : Abhishek Kumar Dubey

Editorial Team

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ASHISH KUMAR

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Vijender Saroj | Karan Sharma | Kavita Tiwari | Sonali Priya | Kamaksh Panwar | Suful Bhattacharjee

Co-ordinator (Business Connect-Clients)

Anita Kumari | Priyanka Gupta | Archana Mawar

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ASHUTOSH OJHA

Creative Team

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9 8 www.businessconnectindia.in | Vol. 5 Special Edition May 2023 | INDIA www.businessconnectindia.in | Vol. 5 Special Edition May 2023 | INDIA Arasar Technologies Pvt. Ltd. Success Story PAGE NO. 12 Revolutionizing The Tech World With Innovation 16 20 Person of the Month Maak Impex Pvt. Ltd. Nellikuru Innovations Pvt. Ltd. PFIT Technologies Pvt. Ltd. Vision Management Consultants Limited Launchpad 36 32 26 48 46 42 38

Revolutionizing The Tech World With Innovation

As the honorable PM, Shri Narendra Modi has stated, “I see startups, technology, and innovation as exciting and effective instruments for India’s transformation,” we can truly say that startups have gained significant momentum in India and becoming a driving force for innovation, economic growth, and job creation. With a favorable ecosystem that includes supportive government policies, a burgeoning middle class, a growing techsavvy population, and access to venture capital funding, the future of startups in India looks promising. Startups in India are disrupting traditional industries across sectors such as e-commerce, fintech, health tech, agri-tech, and edtech, among others.

These startups are leveraging cutting-edge technologies, such as AI, blockchain, and IoT, to solve complex problems and create scalable solutions. The startup culture in India is thriving, with a robust ecosystem of incubators, accelerators, and mentorship programs fostering entrepreneurship. As India continues to be one of the world’s fastest-growing economies, the startup ecosystem is expected to grow exponentially, creating new opportunities for innovation, job creation, and economic development in the years to come. The future of startups in India is bright, with the potential to contribute significantly to the country’s socioeconomic growth and global competitiveness. With that being said, we are here to introduce our exclusive edition of the month with a major focus on startups!

Business Connect is one of the leading names in the arena of publication renowned for its impeccable volumes featuring the stories of leadership and innovation. Here, we are back with a few such stories inspiring the future generation. In this context, our editorial team had an interesting and joyful virtual session with the leadership panel of Genesis Gas. The management of the company and the duo of founders, Dr. Indrajeet and Dr. Anshumali Bhushan shared numerous lesser-known facts about the company and also shed some light on their overall entrepreneurial journey so far. Their passion and dedication to the business world truly inspired us and made us feature them on the cover of this exclusive read. We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will surely encourage the budding leaders out there to break the barriers and chase their dreams.

COMPANY PREFACE

Giving a detailed introduction of the venture, Dr. Indrajeet quips, “Genesis Gas revolutionizes the gas distribution industry with our cutting-edge embedded platform for Smart Metering. We empower key players in the market with our Smart Gas Grid technology, enabling them to shift from “Bi-Monthly” to “Advanced” cash flow business models. Also, our Advanced Metering Infrastructure (AMI) solutions go beyond traditional meter reading, providing two-way communications down to the meter and collecting, delivering, managing, and analyzing data more frequently. This unprecedented level of insight allows for proactive management of customers and resources, optimizing the distribution network, and ensuring system integrity.”

In the era of high gas prices, and the highly percolating gas market along with the effort of GoI on the Gas driven economy; reliable and secure communication is crucial for remote operations. After rigorous field trials, the company’s solution has been selected as the preferred communication system for Meter Reading, providing the necessary reliability and security. Moreover, we can definitely say that Genesis Gas is at the forefront of technological innovation in the energy industry, providing advanced solutions that empower utilities to optimize operations, improve customer service, and contribute to sustainable energy management.

BRAINS BEHIND THE BRAND

• Dr. Indrajeet (Co-founder & CTO)

Dr. Indrajeet, one of the co-founders at Genesis, brings over 25+ years of experience and technical expertise in project management and software design. His contributions have led to numerous innovations in the technology domain. Dr. Indrajeet works closely with all teams and remote customer sites, ensuring timely deliveries that meet or exceed quality standards for the projects. He has won the PRODUCTIVITY AND INNOVATION AWARD From NATIONAL PRODUCTIVE COUNCIL (Make in India).

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DR. ANSHUMALI BHUSHAN Co-founder & CEO
T O W A T C H - 2 0 2 3
| Business Connect
DR. INDRAJEET Co-founder & CTO
Cover Story
Gulshan

Another co-founder and CEO of Genesis has over 23+ years of experience. Being CEO he looks after engaging growth areas, meeting customers, and partners, and also participating in industry events. Dr. Bhushan has also served as an advisor to the President of Cote d’Ivoire for IT and Biotechnology. Currently, he is also a member of CII National Committee on IT/ITeS 2022 – 2023 and CII Cyber Security Task Force, Dr.Anshumali is also a speaker at National and International Events.

QUALITY OVER ANYTHING

Genesis is fully committed to ensuring high quality in all their customized software solutions. The Software Quality Assurance (SQA) practices encompass a comprehensive approach that includes a Quality Management Approach, effective Software Engineering Technology, formal technical reviews, a multitiered testing strategy, control of software documentation and changes, compliance with software development standards, and measurement and reporting mechanisms. These practices are implemented throughout the software development process to ensure that all work products meet the requirements placed upon them. Before signing off, Dr. Anshumali affirms,

“Our Software Quality Team is responsible for developing a plan that is reviewed by all stakeholders. This plan outlines the evaluations, audits, and reviews to be performed, applicable standards such as ISO 27001 and ISO 9001, Procedures for error reporting and tracking, documents to be produced by the SQA group, the amount of feedback provided to the software project team, and coordination of change management and software metrics analysis. This proactive approach helps us in guaranteeing software quality to our clients. Being a part of the Oil and Gas industry, our Hardware Products are also subjected to European Conformance of Explosives Standards.

GENESIS METER DATA MANAGEMENT (MDM):

Genesis is the first Indian company to have developed an MDM System for Gas Utility, this MDM Product named EnerDash provides complete integration of Smart Meters of any make to the Gas Utility’s Reading Collection Systems, Billing Systems as well as Payment reconciliation system. EnerDash is one of the very few products worldwide to be featured also in “Berg Insight –Report of Smart Meter Market in Asia Pacific”

GENESIS SMART METERS:

Genesis was one of the First companies in India to work on a Smart Gas Meter project which gave much sought-after respite from this Bi-monthly bill collection market. Smart Gas Meters gave the option to City Gas Distribution companies to go for Advanced Cash flow as now, consumers pay before they use the Natural Gas! Genesis has to date one of the largest deployments of Smart Meters in India working on Innovative communication platforms like LoRa, LoRa WAN, and NFC! These technologies are both free to air and developed solely for Smart Metering

and Smart Cities! It will not be far-fetched to say that Genesis products are a neat fit into the Smart City Framework of Govt. of India.

These Smart Meters have several advantages over normal meters such as they can be read either over a network or by a reader while they are walking by an apartment, thus protecting the privacy of households. The Smart Meters also detect any attempt to temper their reading and alert the gas company immediately. New Age Smart Meters also provide concepts like “Time of Day billing”, and “Happy Hours” (Auto Disconnection delay), as well as provide uninterrupted gas supply during pandemics like COVID-19. Due to these features only, Genesis was able to run the gas network without any hiccups during the pandemic only remotely!!

GENESIS INTEGRATED SMART METER MANUFACTURING WITH IGL:

Due to increased demand and future growth potential of Gas meters, Genesis initiated its own Smart Gas Meter Manufacturing project which is now partnered by Indraprastha Gas Limited (IGL) in a JV of 51:49 with Genesis holding 49% of the JV equity. This JV shall be able to produce at least 1 Million Meters per shift per year and be able to be profitable within a period of 3-4 years!

GENESIS SICK ULTRASONIC GAS METER FlowSic 500

GENESIS also signed an agreement with SICK AG, Germany to supply Ultrasonic Gas Meters for Industrial and Commercial gas customers. Within 8 months, of its sign up Genesis has received very nice orders for supply and data maintenance of these meters from reputed customers in India.

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Dr. Anshumali
“Our vision is to create an intelligent, indigenous, innovative, and cost-effective product ecosystem that can ensure the adoption of high-technology metering practise leading to cash flow sustainability for the City Gas Distribution Companies. Genesis is part of Vikas Life Care Limited.”

TECHNOLOGIES PRIVATE LIMITED

ARASAR TECHNOLOGIES:

PAVING THE FUTURE OF LEAD GENERATION WITH TECH

ABusiness Connect is one of the leading platforms in the arena of publication renowned for its impeccable monthly editions. And here again, we are back with our exclusive edition featuring some of the leading ventures scattered across the globe. In this context, our editorial team had an interesting and joyful virtual session with the leadership panel of Arasar Technologies Private Limited, one of the leading ventures in the technology sector.

The leadership panel of the company and the Founder & Director, Mr. Yasser Arafat, shared numerous lesser-known facts about the company and also shed some light on his overall entrepreneurial journey so far. His passion and dedication to the business realms highly inspired us and made us feature him in our exclusive edition. We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will surely encourage the budding leaders out there to break the barriers and chase their dreams.

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Gulshan | Business Connect

A GLIMPSE OF VENTURE

The major and overall focus of the company revolves around lead generation services via emails. Giving a synopsis of the venture, Mr. Yasser quips, “Everyone shoots emails to boost the graph of their leads, but we have observed that most of them end up sliding into the spam box! We majorly help people to shoot emails and generate more leads and have more marketing communications without any hurdles and with extreme efficiency. As every small or big business firm out there experiences that one major issue and that is the communication gap while advertising new offers, brands, sales, and changes. We actively bridge that gap so once emails are directed via your email into your inbox, there is more connection and more sales.”

Expressing his entrepreneurial journey and the company in the business world, Mr. Yasser asserts, “I have not made a product but it already exists in Europe as people there have been more conformable communicating via emails. Our consulting services increase marcomms and sales by 20 percent. Now the product is being used by many clients like BSE, NSE, BankersAdda, and SquareYard.

THE LEADERSHIP APPROACH

The team at Arasar Technologies and Mr. Yasser strictly believe in empowering each other and creating a workplace where everyone can work to their optimum potential. Communication, Collaboration, and Teamwork is their attempt at this approach. He firms, “We believe that there’s no right or wrong way to do any work but always a ‘better’ way, which we have to find by empowering each other. The immense growth that we have achieved is a testament to our unique leadership style.”

THE PARTING WORDS

Before signing off, the visionary shared a few words of wisdom for the budding leaders out there by quoting, “Take risk with its mitigation, invest in people, Invest in the development of society with a helping hand, provide financial, timely support to the needy small and micro-entrepreneurs, growth with a vision to keep interests of all stakeholder fully protected at all times. No compromise on values of the company.”

He further adds, “If your mind is set on entrepreneurship, then go for it. No matter how many efforts it takes, your progress will improve you as a person. Find a trusted mentor to act as your leader. Read books, and take notes on what they did wrong. Although mistakes are inevitable, knowing the strategies used by the successful will increase your odds of success.”

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JERRY SEINFELD

SUCCESS STORY: FROM SCRIBBLING JOKES TO TOUCHING THE HEIGHTS OF STARDOM

Jerome Allen Seinfeld also known as Jerry Seinfeld is a stand-up comedian, actor, writer, and producer from the United States. He co-created and co-wrote the sitcom ‘Seinfeld’ with Larry David, where he played a fictionalized version of himself and got famous for it. The programme, which aired on NBC from 1989 to 1998, rose to fame as one of the greatest and most well-liked sitcoms ever made. Seinfeld is a stand-up comedian who specialises in observational humour. In 2004, Comedy Central ranked him as the 12th best stand-up comic of all time. Jerry Seinfeld has an estimated net worth of $950 million as of January 2023.

Seinfeld produced, co-wrote, and performed in the animated film Bee Movie, which received a Golden Globe nomination for Best Animated Feature Film in 2007. In 2010, he started The Marriage Ref, a reality programme that aired on NBC for two seasons. “Comedians in Cars Getting Coffee” (2012–2019) is a web series that Seinfeld created and hosted. In addition to four Grammy Award nominations for his comedy CDs, Seinfeld has been nominated for twenty Primetime Emmy Awards for his work on ‘Seinfeld’ and ‘Comedians in Cars Getting Coffee.’

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Early Life

Jerome Allen Seinfeld, who would later become Jerry Seinfeld, was born in Brooklyn, New York City. He was born on April 29, 1954. Jerry Seinfeld’s parents are Betty Hosni and Kalman Seinfeld. His father Kalman was Hungarian-Jewish, and his mother was Jewish as well. Betty was originally from Aleppo, Syria. Due to the Ottoman Empire’s occupation of Syria, the family had to declare themselves Turkish when they immigrated in 1917. Kalman was well-known for the jokes he collected during WWII.

Jerry Seinfeld attended Massapequa High School and grew up in Massapequa, New York. He later became a volunteer for Israel’s Kibbutz Sa’ar when he was 16 years old. He attended the State University of New York at Oswego after graduating. He transferred to Queens College, the City University of New York, in his second year. He earned a bachelor’s degree in theatre and communications from the university.

Seinfeld was already paying rent as a kid. He also liked to listen to Bill Cosby albums. While following his father around, Seinfeld would scribble down jokes. He used to grab any opportunity to make people laugh. Seinfeld often messed around with his classmates because he enjoyed seeing people laugh at his jokes.

He didn’t go to any graduation parties after graduating from college. Instead, he went to a local comedy club to celebrate, where he made people laugh.

During his time at school, he gradually developed an interest in stand-up comedy. While still attending Queens College, he made a few appearances at Budd Friedman’s Improv Club during open-mic nights.

Then, after graduating, Seinfeld attempted to attend an open-mic night at New York City’s Catch a Rising Star. This earned him a spot in an HBO special with Rodney Dangerfield. He also had a small recurring role in Benson, a sitcom.

Career: How Did Jerry Seinfeld Get So Rich?

After making a brief appearance in college performances, Seinfeld’s passion for stand-up comedy intensified. He performed at open-mic nights at Budd Friedman’s Improv Club while being a student at Queens College. He gave an open-mic audition at Catch a Rising Star in New York City after graduating in 1976, and as a result landed a part in a Rodney Dangerfield HBO special. In a small recurring role on Benson in 1980, he played Frankie, a postal delivery kid with hilarious routines that nobody wanted to hear. Seinfeld was abruptly fired as a result of a disagreement over the aesthetic direction of the programme.

When he showed up for a read-through session for an episode and discovered there was no script for him, according to Seinfeld, that is when he learned he had been fired. He gave a stand-up performance on An Evening at the Improv in January 1981. Seinfeld first appeared on The Tonight Show Starring Johnny Carson in May 1981. After impressing Carson and the crowd, he went on to appear

frequently on that programme as well as others, such as Late Night with David Letterman. His first live HBO broadcast, Stand-Up Confidential, lasted an hour and aired on September 5, 1987.

He co-created the Seinfeld Chronicles with Larry David in 1988; it was later renamed Seindeld and became the most watched sitcom on American television. Jerry Seinfeld claims that the sitcom “The Abbott and Costello Show” had an influence on the programme.

Jerry returned to New York City and pursued his passion for stand-up comedy once the show Seinfeld was successfully finished.

Jerry Seinfeld made an appearance in two webisodes intended to promote American Express in 2004,

The Associated Press reported in August 2008 that Jerry Seinfeld would be the face of Microsoft’s $300 million advertising campaign for Windows Vista. The adverts, which were meant to generate excitement for Windows in support of the upcoming “I’m a PC” commercials, started running in mid-September 2008. After three episodes, the Seinfeld ads were pulled from television; instead, Microsoft decided to keep running its “I’m a PC” commercials and post lengthier versions of the Seinfeld spots on its website.

Seinfeld made several appearances in advertising for the Greater Building Society in Australia. The Greater Building Society is a building society with locations in New South Wales and southeast Queensland.

Being the third time Seinfeld had appeared in a television commercial, his appearance in these advertisements was widely reported and was regarded as a victory for society.

Seinfeld began a YouTube series in 2012 called ‘Comedians in Cars Getting Coffee’ in which he would pick up a different comedian or celebrity every episode and drive them to a coffee shop for a chat. The programme was first broadcast on the streaming platform Crackle before being purchased by Netflix. Season seven’s most famous guest was former President Barack Obama.

Seinfeld said in a farewell video for the Obamas before the President left office, “That knocking on the window of the Oval Office. I believe that was the pinnacle of my entire existence.”

Personal Life:

Seinfeld met Jessica Sklar, a public relations manager for Tommy Hilfiger, in August 1998 at a Reebok Sports Club. She and her then-husband, theatre producer and scion of a theater-owning family, Eric Nederlander, had just returned from a three-week honeymoon in Italy.

Two months later she got divorced and continued dating Seinfeld. Jessica Sklar became Jerry Seinfeld’s wife on December 25, 1999. She has been Jerry Seinfeld’s first wife and also current wife until now. Shepherd Kellen, 16, Julian Kal, 19, are the couple’s sons and Sascha Seinfeld (21) is Jerry Seinfeld’s daughter.

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ASR Industries

The Leading Indian Work-Holding Solutions Provider for the Automotive Industry

The machine manufacturing industry has experienced significant growth in recent years, driven by a combination of factors such as technological advancements, globalization, and increasing demand for automation. According to a report by the International Federation of Robotics, the global sales of industrial robots reached a record of 384,000+ units in 2022, representing an annual growth rate of 16%. Additionally, the market size of the global industrial automation and control systems industry is expected to reach over $300 billion by 2026, according to a report by Allied Market Research. This growth has been fueled by the increasing adoption of automation in various industries, such as automotive, electronics, and food processing, among others. The benefits of automation, such as improved efficiency, accuracy, and cost-effectiveness, have made it an attractive option for businesses looking to optimize their operations.

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SHRIDHAR H NAVGHARE MANAGING DIRECTOR Gulshan | Business Connect

Business Connect has been a renowned name in the arena of Publication since its inception well-known for its impactful monthly editions. And here again, we are back with our exclusive volume of the month summarizing the success journeys of various market players out there. In this context, our editorial team had an interesting and joyful virtual session with the leadership panel of ASR Industries. The management of the venture and the MD, Mr. Shridhar H. Navghare, shared numerous lesser-known facts about the company and also shed some light on his overall entrepreneurial journey so far. We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will encourage budding entrepreneurs to break the barriers and chase their dreams.

COMPANY PREFACE

Giving a detailed intro of the company, Mr. Shridhar quips, “We are India’s leading design & manufacturer of CNC, VMC, HMC,5- AXIS & VARI-AXIS machines fixtures manufacturing [work holding] for automotive industries. Fixtures used for fine quality part manufacturing in mass production. I feel like we are among the top delivers for work-holding solutions all over India. We have provided fixturing solutions to almost all recognized machine manufacturers and their vendors and can call them regular customers. ASR is currently at a pace of 50 different fixtures per month, which I think very few to no companies can claim proudly.”

ASR Industries began its operations in 1996 with a small machine shop setup spanning over an area of 8000 square feet. The company initiated its operations with an employee strength of 10 and started making fixtures and spare parts while carrying out maintenance job work. Alongside, the company also started designing and manufacturing work holding solutions for various machines, including Honing Machines, Hobbing Machine, Shaving Machine, Broaching Machine, Engine assembly, final assembly, Relation gauges,

sealing dies, Blanking and piercing dies, winding machines, and swaging machine, for companies like M/s. Bajaj Auto Ltd, Johnson & Johnson Ltd, Colgate Palmolive Ltd, Siemens Ltd, and Wipro Lighting Ltd, among others.

Over the years, the company grew significantly and expanded its operations. In seven years, the company’s employee strength grew to 30, and they started designing and manufacturing mechanical work holding solutions for automotive industry parts like under brackets, front forks, outer tubes, clutch covers, transmission cases, wheel hubs, etc. ASR Industries delivered these projects within the stipulated time and met customer requirements. These experiences made the company tough and rigid to handle multiple projects simultaneously, which expanded its customer base and created new opportunities for growth in the field of work-holding solutions.

In 2003, ASR Industries entered the hydraulic and pneumatic work holding solutions market as customers moved towards process optimization. To cater to these needs, the company added 2D design software and machines to its infrastructure. It started designing and manufacturing work holding solutions for VMC, and HMC machines for M/s Bajaj auto ltd, M/s Aurangabad Electrical Ltd, and M/s Endurance Technologies Ltd.

In 2009, the company expanded its infrastructure even further by setting up a new plant for office and manufacturing space, spanning 8000 square feet. This expansion helped ASR Industries create enough space to work effectively and efficiently, increasing its employment to 60 people. The installation of machines like 3D CMM, advanced machines VMC and 3D design software, and ERP software improved coordination to handle multiple projects at the same time.

By 2010, ASR Industries started working with global customers like Grob, Yamazaki Mazak, and Yamzen Machinery and tools pvt ltd from Germany and Japan.

This further helped the company grow its business all over India and overseas. This growth led us to expand yet again in 2014 when we build yet another plant with 50,000 square feet area and the employee strength now reaching 130plus. MD, Mr. Shridhar H. Navghare.

THE BRAIN BEHIND THE BRAND

Having graduated with a B.E. in Production from Marathwada University in Aurangabad, the founder of ASR Industries hails from a small farming village called Wagdhari in the Udgir taluka of Latur district in Maharashtra state.

After completing his engineering degree, he joined M/s Girish Engineering (Tool Room) as a supervisor in the machine shop in 1992, earning a monthly salary of Rs 1400. He then worked as a partner for M/s Reliable Engineering (Tool Room) from 1994-1995.

PARTING WORDS

Before signing off, the visionary shared a few words for his this dream project by asserting,

We are establishing infrastructure for Turnkey solutions, today we are giving only work holding, our Future Plan is to give work holding, cutting tools & pilot lot part manufacturing at our end, today nobody offering such type of Solution. Customers suffer to complete their Projects in time because they buying all 3 categories from different locations / vendors. They will get all in single Windows.

“ “
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26 Success Story The First-of-its-Kind Digital Platform Delivering Fresh and Chopped Vegetables www.businessconnectindia.in | Vol. 5 Special Edition May 2023 | INDIA T O W A T C H - 2 0 2 3 Puja | Business Connect

which lets us provide our consumers with fresh vegetables every single day. They can place their order today and experience the convenience of having healthy, delicious vegetables delivered to their home , the visionary leader, Vineeth Kumar, further added.

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PERSON OF THE MONTH

Larry Ellison

Larry Ellison is a 78 year old co-founder and former CEO of the American computer technology company Oracle Corporation, famous business tycoon and visionary entrepreneur. He is known for his charismatic leadership style and his relentless pursuit of success. His innovative ideas and bold business strategies made him one of the wealthiest people in the world. In a nearby year, he became a major player in the world of professional sailing and funding.

Software giant, Oracle corporation was founded in 1977 and later on, it became a successful database supplier for both small and medium-sized businesses. Ellison was pinned as richest person in the world by Forbes, as the company competed with Sybase and Microsoft. Larry was also appointed as the CEO of Apple computer after Steve Jobs returned to the company. Larry Ellison’s impact on the tech industry and beyond is undeniable, making him a worthy candidate for person of the Month.

QUICK FACT ON LARRY ELLISON

Date of birth: 17 August 1944

Place of Birth: Bronx, New York city, New York, U.S.

Occupation: Businessman, investor

Education: The University of Chicago, University of Illinois

Tittle: Co-founder, executive chairman & CTO of Oracle corporation

Age: 78 years

Founder: Oracle Corporation

Martial status: In relationship

Spouse’s Name: Melanie Craft(2003-2010), Barbara Boothe ( 1983- 1986)

Children: Megan Ellison and David Ellison

Citizenship: United State

Height: 1.91 m

Parents: Florence Spellman, Lillian Ellison, Louis Ellison

Net worth: 11,880 crore

LARRY ELLISON NET WORTH

Larry is a billionaire and most of the wealth comes through partnership with Oracle. Ellison’s net worth is estimated to be around $96 billion, according to Forbes real- time

billionaire tracker as of April 2023. His total assets are estimated to be $88 billion. Larry’s per year salary is 60000 crore rupees which is huge in number and beyond imagination that is why Larry stood in the position 9th among the richest men in the United state and 10th richest man in the world. Ellison is known for his luxurious lifestyle and passion for yachting, including his ownership of several multimillion-dollar yachts.

LARRY ELLISON NET WORTH GROWTH

As per the estimation in comparison to each passing year is given below in the tabular form. By looking at this table one can easily notice the sharp curve that ensures the growth and success of Oracle Corporation.

Net worth in 2023 $ 106.2 Billion

Net worth in 2022 $ 98 Billion

Net worth in 2021 $ 91 Billion

Net worth in 2020 $ 85 Billion

Net worth in 2019 $ 80 Billion

COMPANIES OWNED BY LARRY ELLISON

Ellison has acquired numerous other companies, either through direct purchase or through Oracle’s acquisition Strategy. Here are the names of the notable companies owned by Larry Ellison.

Netsuite- Oracle acquired Ellison’s investment firm, Netsuite in 2016 for $93 billion. It is a cloud-based software company that offers a range of business management software solutions.

Pillar data system - Ellison acquired Pillar data System in 2011. It is a storage technology company that provides high-performance storage solutions to businesses.

Sun Microsystems - This company was a major player in server, storage, and software markets. Oracle acquired this company in 2010 for $7.4 billion and giving Ellison control of one of the world’s largest software and hardware company.

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BEA system - Oracle acquired the BEA system in 2008 for $8.5 billion. It is software company that mainly work on enterprise infrastructure software, including application servers, portals and messaging systems.

PeopleSoft - This company was acquired by Oracle in 2005 for $ 10.3 billion. PeopleSoft was a software company that specialised in human resource management, financial management and supply chain management software.

WHAT IS THE MONTHLY INCOME OF LARRY ELLISON ?

As per 2023 estimation, the monthly income of Larry is $700 million+. If we count Ellison’s network in Indian rupees, then it is about 7.5 lakh crore rupees. Shares of Oracle have jumped over the last two weeks adding billions of dollars to Ellison’s net worth.

WHAT TYPE OF LEADER IS LARRY ELLISON?

Ellison is a confident, self-motivated and determined leader who transformed a startup into a multi billionaire company through the hard work, and attitude to win any task. They believed that Ellison possessed many quality of a great leadership based on his work management, task performing and positive attitude to win.

WHEN LARRY ELLISON BECOME RICHEST MAN?

Oracle under the leadership of Larry Ellison grew into the largest supplier of database software and the second largest supplier of business applications in the world. Until 1992, when the company grew steadily then the Oracle 7 release swept the market and made Ellison Larry a billionaire.

BOTTOM LINE TAKEAWAYS

Larry Ellison is a smart leader and visionary businessman who knows how to build a successful venturefrom the scratch which is provided or have. As he did with the Oracle that he had set up as a world’s most valuable company from the startup only.

Once Larry in his early life predicted that internet would be the future of computing and which becomes true in real also. By which he had given the industry a idea of development in the field of internet-compatible business application. This created a way for Oracle to become more successful day by day.

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LARRY ELLISON
32 www.businessconnectindia.in | Vol. 5 Special Edition May 2023 | INDIA Kajal | Business Connect
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Meet the Man at the Helm

Nellikuru Innovations:

An Innovative endeavour which fosters Research and

Development

in Green initiatives in the Iron and Steel Manufacturing Industry

Business Connect has been a great admirer of ventures with unique business models, breakthrough solutions, and impeccable leaders behind them. Here again, we are back with another top-notch tale of a rising brand in the steel industry, Nellikuru Innovations Private Limited, the first startup company in the field of research and development in iron and steel making in India under the new ‘Make in India Programme’.

When it comes to large organizations, there are numerous companies engaged in the research and development of steel plants. But for startups, very few companies are actively working on R&D. The sheer endeavour behind the inception of Nellikuru Innovations in 2016 was to inspire true inventors in this field to commercialize their innovations for the benefit of industry and mankind. Nellikuru Innovations addresses century-old problems existing in the industry, like the liquid hot metal insulation system, and provides a streamlined solution to maximize efficiency.

Sabukutty N Dominic is the MD of Nellikuru Innovations and has been perceived as a seasoned entrepreneur with a demonstrated history of working in the steel industry. Through the course of voyage through the iron and steel industry, Sabu went through the different stages of a steel plant and had the opportunity to study different units, from the beginning of the process to the end result. His exposure and experience enabled him to develop an in-depth understanding of the industry and resolve trending issues.

Product Portfolio

Nellikuru Innovations offers a cost-effective solution to the Iron and Steel industries to improve Green ratings in the existing units. Currently, they work to reduce heat loss and CO2 emissions, and utilize the recovered heat to increase yield.

Here are- some questions answered about some Nellikuru products.

Q: In order to reduce the heat loss of liquid hot metal from Blast Furnaces to the Steel Converters, bigger integrated steel plants switched over to Torpedo Ladles from Open Top Ladles. It is the same across the globe. Can we reduce further heat loss in Torpedo Ladles or do you have any solutions to achieve the same?

A: To a certain extent, Torpedo ladles reduces the heat loss compared to open top ladles. However, there is direct heat loss through its mouth. Since there is hardly any metal jam formation in normal operation due to higher heat content, not many R&D projects have worked to reduce the heat loss from the Torpedo ladles. In higher capacity furnaces, a Torpedo ladle of 350-400MT capacity takes around 45-60 minutes to fill one ladle. Since there is turbulence in the metal surface while filling the ladles, the heat loss is more during this time.

Our product insulates the liquid metal from the bottom of the ladles, since we add our high temperature insulation material to the liquid metal when the ladles have around 7-10% metal in it. It completely insulates the metal from the starting point and reduces the heat loss.

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Q: How can Nellikuru help steel plants to achieve lower emissions?. Do you have any technology to reduce the emissions in Iron and Steel Plants.

A: Emissions are a part and parcel of any steel plant. Clean steel plants are good in capturing the emissions resulting as a result of metallurgical process. For example, the liquid metal comes out of a Blast Furnace or COREX at 1500 degree C, will have some dissolved elements. It can’t retain the same in the liquid metal, when the temperature drops to around 1400 degree C. Take the graphite particles(carbon) for examples, which comes out of liquid metal as a result of corresponding drop in temperature and is visible to the naked eyes and can be seen as shining particles all around the plant. Modern steel plants use higher capacity suction units to capture the same. However, 100% capturing is not possible in any steel plant.

As the old adage says, it is better to use footwear rather than to carpet the entire road. Our higher temperature insulation material traps the emissions from the metal at its surface and gives a clear view of the metal level in the ladles. It reduces the graphite emissions from liquid hot metal. Moreover, it also reduces the temperature drop as a result of proper insulation, the emissions will also be less corresponding to the gain in temperature. The actual temperature gain depend on the plant lay out and holding time of the metal.

Q: Will it be economical to the steel plants of huge capacities (say, 10 million tons pa) to cover the entire iron produced with your product?

A: Our product is an Iron based material and the additional steel produced from the iron present in our compound make it absolutely NIL COST to the user along with CO2 reduction. So yes, it is economical to use our product in huge steel plants.

Q: Have you tried your product in Torpedo Ladles in any bigger Steel Plants in India?.

A: Yes. We got the opportunity to conduct the trials in JSW Tornagallu Plant. As a policy, JSW group is open to new ideas and looking for all the opportunity to reduce CO2 emissions and thrive for a greener steel plant. They collaborate with startups and encourage them to come up with more solutions to achieve the GreeCo guidelines. We take this opportunity to thank their Iron making team to take the challenge to reduce the heat loss in Torpedo Ladles. We are the first company in the world to successfully develop Torpedo Insulation material for liquid Hot Metal and it is successfully demonstrated in JSW.

Q: Is your product is helping steel plants to achieve the Green Ratings guidelines of CII?

A: Of course. There are various R&D initiatives across the globe to reduce the CO2 emissions in Iron and Steel Industries. Hydrogen steel making is one such promising technologies. So far, it is not commercially popular.

However, in the existing steel plants, small incremental improvements to reduce the heat loss by even 10 degree C are in line with Green initiatives of CII.

Q: If so, have you approached other steel plants to use your product as it reduces the CO2 emissions, though it is a smaller amount?

So far no. We will approach other steel plants soon.

Q. Can it be used in Open Top ladles of liquid Hot Metal?

A: Yes. In open top ladles, there will be yield improvement too. There will not be any ladle jamming at all. Ladle can be used to its full capacity throughout its campaign. It will also reduce the ladle repair as there will not be any ring jam in the ladle.

Unique Value Propositions

Our product traps the graphite particles and other emissions that are released from the liquid hot metal, and thus help reduce pollution. The “KISH” formation, which is made up of fine metallic iron particles mixed with graphite and other foreign particles like sand transported by the runners and the irreversible remains traditional ladle covering compounds, is lessened. It further enhances the working environment.

The product almost eliminates the fugitive emissions from the ladle. It directly improves the metal yield as well by retaining a part of the carbon dissolved in the metal as a result of the lesser drop in temperature. The fugitive emissions from the ladle are virtually eliminated. By keeping some of the carbon dissolved in the metal after the temperature drops, also directly increases the metal yield.

Industry Evolutions Over the Years

The traditional steel making process, in general, follows a fixed route, and is apprehensive to change. While alternate routes of steel making are slowly picking up pace, there is tremendous potential to increase the efficiency of the current traditional routes as well. With a focus on using less rich ores and reducing the carbon footprint being the need of the hour, steelmaking too must keep up with the global demands and become more adept.

Nellikuru’s Accomplishments and Future Outlook

When asked what noteworthy accomplishments his business had made, Sabu said that they are most proud of being recognised for their innovative concept and creative approach. What could be more rewarding than obtaining profitable business deals through wordof-mouth advertising that amply demonstrates the company’s entry into the market.

For the future, Nellikuru Innovations plans to reach out to new market segments and approach new customers.

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Summer Top 10 Life Hacks to make your Super Cool!

Summer is here and we all want to make the most of it. Whether you’re planning a vacation, a staycation, or just enjoying the sunny days, here are some life hacks that will help you save time, money, and hassle.

• Freeze your drinks in advance: If you’re going to the beach, the park, or anywhere else where you need to keep your drinks cold, freeze them the night before and pack them in your cooler. They will act as ice packs and keep your other food items fresh. Plus, you’ll have a refreshing drink ready when you need it.

• Use dryer sheets to repel mosquitoes: Mosquitoes are annoying and can ruin your outdoor fun. But you don’t need to buy expensive repellents or deal with sticky sprays. Just rub a dryer sheet on your exposed skin and clothes and the mosquitoes will stay away. The scent of the dryer sheet masks your natural body odor and confuses the insects.

• Make your own ice cream sandwiches: Ice cream sandwiches are a delicious treat for summer, but they can be pricey and unhealthy. Why not make your own with your favorite cookies and ice cream? Just scoop some ice cream on a cookie, press another cookie on top, and wrap it in plastic wrap. Freeze them for a few hours and enjoy!

• Use a muffin tin to serve condiments: If you’re having a barbecue or a picnic, you don’t need to bring multiple bottles and jars of condiments. Just use a muffin tin and fill each cup with ketchup, mustard, mayo, relish, salsa, or whatever else you like. Carrying, cleaning, and using it are all simple processes.

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• Use aloe vera ice cubes to soothe sunburns: Sunburns are painful and can damage your skin. But you can soothe them with a simple homemade remedy: aloe vera ice cubes. Just fill an ice cube tray with pure aloe vera gel and freeze it. Whenever you have a sunburn, just rub an ice cube on the affected area and feel the relief.

• Use baking soda to remove sand from your skin: Sand can be fun to play with, but not so fun to get rid of. It can stick to your skin and clothes and make a mess in your car or home. But there’s an easy way to remove it: baking soda. Just sprinkle some baking soda on your skin and rub it gently. The baking soda will absorb the moisture and make the sand fall off.

• Covert Container:

When you’re at the beach, make a concealed container to lessen the likelihood of items being taken. Simply twist the cap of your old shampoo bottle until it pops straight off. Clean it out and make a small hole in the top to store your valuables. You can now snap the top back on, and your items are completely hidden. Anyone who sees this will mistake it for a shampoo bottle, and nobody wants to steal your shampoo.

• Use baby powder to remove oil stains from clothes: Oil stains can be tricky to get rid of, especially if they’re on delicate fabrics or bright colors. But you don’t need to throw away your clothes or use harsh detergents. Just use baby powder. Sprinkle some baby powder on the stain and let it sit for a few minutes. Then brush it off and wash your clothes as usual.

• Plant Caretaker:

Before you leave for vacation, tend to your nursery rather than your children! Fill the bottle with water and place it upside down in a potted plant after drilling a hole in the cap or cork. The makeshift caretaker will provide a regular flow of water to the thirsty roots of the plant.

• Use coffee filters to keep your glasses from fogging up: Glasses can fog up easily in humid weather or when you wear a mask. But you don’t need to buy anti-fog sprays or wipes. Just use coffee filters. Cut out a small piece of coffee filter and place it inside your mask or under your glasses’ nose bridge. The coffee filter will absorb the moisture and prevent fogging.

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PROCEED.FIT CARVING HEALTHCARE REALM WITH SUPREMACY

Rod R. Blagojevich once said, “Health care is not a privilege, it’s a right as fundamental as civil rights. It’s a right as fundamental as giving every child a chance to get a public education.” Healthcare is an essential component of human life, playing a vital role in promoting physical, mental, and social well-being. It encompasses a broad range of services, from preventive measures to curative interventions, aimed at maintaining and improving people’s health. The importance of healthcare has been highlighted more than ever in recent times, as the COVID-19 pandemic has underscored the need for robust and resilient healthcare systems worldwide. Access to quality healthcare services is a fundamental human right, and its provision is a critical indicator of a country’s development and prosperity.

In this article, we will explore the various aspects of healthcare, including its challenges, opportunities, and the role of technology in transforming healthcare delivery. We will also examine the current state of healthcare systems globally, highlighting their strengths and weaknesses and suggesting strategies for improvement.

Business Connect is a renowned publication for its impeccable editions centric on the leading as well as the emerging business ventures scattered around varied realms out there. Here again, we are back with our exclusive edition of the month comprising some of them only! In that context, our editorial team had an interesting and joyful virtual session with the leadership panel of PFIT Technologies Pvt. Ltd –The heart and brain behind the healthcare platform Proceed Fit. The duo of Founders of the company, Mr. Ajeet A. Singh (Director & COO) and Mr. Vinod M. Patil (Director), shared numerous lesser-known facts about the company and shed some light on their overall entrepreneurial journey so far.

We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will surely encourage the budding leaders out there to break the barriers and pursue their dreams.

COMPANY PREFACE

Giving a detailed introduction of the company, Mr. Ajeet quips, “We are proud to be at the forefront of democratizing healthcare for the masses. With our robust technology platform, we enable users to choose healthcare services based on their convenience, location, and budget. Our platform sees immense potential in serving the masses seeking information and resources related to their healthcare, nutrition, and fitness requirements.

As a link between our users and qualified healthcare service providers, dietitians, nutritionists, fitness experts, and more, we aim to bridge the gap and make healthcare services accessible to everyone. We have successfully classified

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T O W A T C H - 2 0 2 3
Gulshan | Business Connect

different healthcare and fitness products and services based on their specialty and brand, giving users the unprecedented advantage of choosing from the best service providers and products that meet their budget and location. Our primary focus is to improve the user experience in healthcare by providing affordable healthcare services

One of the primary ways in which to Proceed.Fit improves the patient experience through its appointment scheduling system. Many healthcare providers still rely on manual processes or outdated manual ways of scheduling appointments, which can be frustrating and time-consuming for patients. Proceed.Fit’s platform offers an intuitive, userfriendly interface that allows patients to quickly and easily schedule appointments with their healthcare providers. This not only saves time for patients but also reduces the workload for healthcare providers, allowing them to focus on providing quality care to their patients.

CLIMBING THE LADDER

During our conversation with Mr. Vinod, one of the cofounders of this start-up, he shared with us the genesis of their idea. “In late 2021, when the world was grappling with the pandemic, my wife was diagnosed with fibroids and the doctor suggested surgery. However, due to the complications involved, we wanted to seek opinions from multiple other medical experts before proceeding. But, scheduling appointments and the risk of exposure to the virus made it challenging. Seeking multiple opinions would also have incurred significant consultation fees.

As we faced this dilemma, I imagined a healthcare platform that could simplify the process of seeking medical opinions. As I discussed this with Mr. Ajeet, we envisioned a system where patients could enter their medical history and test results and receive feedback from certified physicians. With this information, patients could make informed decisions about their treatment, Taking into account factors such as hospital location and cost.”

To bring their idea to life, both co-founders made it a mission to create Proceed.Fit, is a comprehensive healthcare platform that would enable patients to access multiple medical opinions without leaving their homes. Through our platform, patients could input their medical information and receive feedback from certified physicians, helping them to make informed decisions about their healthcare.

“As we developed Proceed.Fit, we were driven by our desire to provide patients with the tools they need to take control of their health. We believe that by enabling patients to access multiple medical opinions, Tele-Health, Digital Health records on fingertips, Nutrition and fitness consultation, we can help to improve outcomes and enhance the quality of care for patients everywhere.”-Mr. Ajeet Singh.

LEADING WITH R&D

“Research and development (R&D) is essential for the growth of a company, especially in the healthcare platform,” says Mr. Ajeet. He also listed out some key points highlighting the importance of R&D:

Innovation: Innovation is crucial in the healthcare industry, where new technologies and treatments are constantly being developed. R&D enables healthcare platforms to stay updated with the latest advancements and offer innovative solutions to their customers.

By utilizing cutting-edge technology, we have developed two state-of-the-art tools: a symptom checker called “ProSympto” and a diet planner named “Pro-Dieto”.

“Pro-Sympto” is designed to assist patients in identifying possible diseases based on their visible symptoms. This will enable our users to take necessary precautions and seek medical assistance before their condition worsens.

Competitive Advantage: In a highly competitive industry like healthcare, R&D can provide a significant competitive advantage. By developing innovative solutions, healthcare platforms can differentiate themselves from their competitors and attract more customers. R&D can also help platforms stay ahead of regulatory changes, compliance requirements, and emerging trends, ensuring they remain competitive in the long run.

Improved Customer Experience: Healthcare platforms are focused on delivering exceptional customer experiences. R&D can help platforms understand their customers’ needs and pain points better, enabling them to develop solutions that meet those needs. By investing in R&D, platforms can develop new features, services, and products that make it easier for customers to access healthcare services and receive the care they need.

Cost Savings: R&D can also help healthcare platforms save costs in the long run. By developing new technologies and processes, platforms can streamline their operations, reduce waste, and improve efficiency. R&D can also help platforms identify cost-saving opportunities, such as using low-cost materials or outsourcing non-core functions.

Regulatory Compliance: The healthcare industry is highly regulated, and healthcare marketplace platforms must comply with numerous regulations and standards. R&D can help platforms stay up to date with regulatory changes and compliance requirements, ensuring they operate safely and ethically. By investing in R&D, platforms can develop solutions that meet regulatory requirements, such as data privacy, security, and interoperability.

A TOKEN OF ADVICE

Before signing off, the visionary shared a few words by giving some valuable advice to young minds by saying, “Entrepreneurship is a challenging but rewarding journey. It requires a significant amount of hard work, dedication, and resilience to start and grow a successful business. Entrepreneurs must be willing to take risks, face failures, and overcome obstacles on their path to success.

However, the rewards of entrepreneurship can be significant. Entrepreneurs have the freedom to pursue their passion, create something meaningful, and make a positive impact on the world. They have the opportunity to build successful businesses, create jobs, and generate wealth for themselves and their communities.

Ultimately, the satisfaction of seeing your vision come to life, making a difference in people’s lives, and building a legacy that lasts beyond your lifetime is what makes entrepreneurship such a rewarding journey. While it is not easy, the rewards of entrepreneurship are immeasurable and can be life-changing for those who are willing to put in the effort and take the risk.”

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Vision Management Consultants

Human capital made simple- your vision, our focus

BCM: For a better understanding of the readers, let’s have an overview of the company and its offerings.

Anuradha Parakala - Your people are our top priority : For organization to grow, flourish and prosper, it needs a perfect blend of necessary resources, operational capabilities, funding, technological base, etc. But it is the people working at an organization that molds it into a successful entity. Vision Management Consultants was launched to offer support to organizations for human capital management. We offer people management and human capital assistance to help organizations run smoothly. We assist in the complete recruitment process for firms in the form of talent acquisition - to find the right talent for companies, executive search - to make sure the organization has the perfect steering wheel, and contract to hire - as the gig-workers trend seems to be on the rise after the Covid-19 pandemic. We also help with building, ramping up, and scaling startups in the form of hand-picked packages, templates, toolkits, and tailor-made solutions for HR operations. We also cater to women who plan to return to work after a gap due to personal commitments, maternity leave, etc. In a nutshell, we focus on clients’ needs, leverage our expertise to provide the right talent and build long-term relationships aligned with the client’s vision.

BCM: Please define the vision and mission of the company.

Anuradha Parakala: Our vision is to be experts in human capital advisory services ranging from a spectrum of human capital strategy to the design and deployment of a compensation & benefits framework down to the transformation of the HR function. Our mission is to establish ourselves as a strategic partner for recruitment and other HR processes that can be optimized through a fair use of technology.

BCM: Did you witness any transformation regarding the startups, over the years?

Anuradha Parakala: I believe India has witnessed steady growth among startups over the years. Most importantly, the Covid-19 pandemic seems to be the turning point in the transformation for startups in the country. For instance, the increased demand for digital solutions has played a critical role in facilitating the emergence of new unicorns, similar to their emergence after the global financial crisis. Most of these unicorns might be in for the long haul.

BCM: Enlighten us on the entrepreneurial journey of the company in the business world.

Anuradha Parakala: Vision Managment consultants started with the vision of becoming experts in human capital advisory services. We have been matching employees with employers since 2018. Since the beginning of our journey, we have partnered with our clients to expand their business potential by providing a wide array of solutions, such as recruitment process outsourcing, exclusive retained executive search, top and middle management hiring, corporate training, and much more. We have been providing custom solutions based on roles, responsibilities, and complexities. Vision Management Consultants uses artificial intelligence technology to reduce hiring cycles, and for quick fixes in openings in high-voltage work environments. I am proud to share that we have successfully delivered all kinds of business industryspecific demands.

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Anuradha Parakala Founder & CEO Puja | Business Connect

BCM: Do you believe R&D is essential for the growth of the company?

Anuradha Parakala: Absolutely, yes. R&D is a critical process that helps organizations grow and prosper. Thorough research helps companies through most of their processes, such as finding the most effective solutions, experimenting with their choices, exploring the most suitable ways to accomplish their goals, assessing all their options, understanding new ways to boost sales or increase customer satisfaction, and so on.

BCM: What are your key advertising/ marketing strategies?

Anuradha Parakala: While marketing and advertising strategies help enhance brand value and sales targets, we aim to derive most of the value from customer testimonials. We aim to provide a seamless experience for our clients and deliver the most suitable human capital solutions to fit their needs.

BCM: How do you perceive leadership?

Anuradha Parakala: Leadership defines one’s ability to lead, guide and influence others. I believe many characteristics comprise leadership, such as being transparent to be able to build trust, the ability to experiment to find the right ingredient in any space, acting decisively in a fast-changing complex environment, having high ethical standards as it conveys a commitment to fairness, integrity, and lastly enduring setbacks while guiding others the way to move forward is a true test of leadership.

BCM: Please shine some light on the work culture of your company.

Anuradha Parakala: Since the beginning, we have laid strong emphasis on creating the finest working environment. We strive to offer a good work-life balance and make the work environment motivational while providing flexibility. We promote supportive leadership, opportunities for learning and professional development, perks and amenities to keep our employees engaged and motivated, and a respectful environment with a lot of positive energy.

BCM: How are you planning to expand the growth of your business venture?

Anuradha Parakala: We plan to expand our growth based on the four interrelated trends, which are - increased connectivity, unparalleled automation, demographic shifts, and decreased transaction costs. I believe digital technology has revolutionized recruiting. Also, adopting digital transformation can help organizations minimize inefficiencies and save time and resources. We currently have a well-established HR artificial intelligence tool to optimize talent acquisition. We plan to excel in every aspect of technology and innovation, from HR chatbots to data analytics and specialist HR software.

BCM: What does the company hold for it in the future (Plans)?

Anuradha Parakala: We plan on becoming the leading company for transformational change in human capital management and people operations. We want to assist small to large companies and transform their existing strategic human resources while creating reliability through our expertise.

BCM: What milestones and achievements does the company boast of?

Anuradha Parakala: Since our initiation, we have successfully delivered versatile solutions to meet diverse industry-specific demands. We have established various features, such as an HR tool kit designed for startups or individuals responsible for HR functions. Then we have the automation intelligence

tool that helps in optimizing talent acquisition. We have successfully helped a wide client base save time and costs while nurturing and mentoring employees from the pre-hire until the retirement stage of their journey.

BCM: Please share a token of advice that can serve as guidance to budding entrepreneurs.

Anuradha Parakala: To all the aspiring entrepreneurs out there, I just want to say - you believe in yourself. If you believe you can succeed, you will find ways to overcome different obstacles. Let me hand over a few simple rules to help you succeed - firstly, learn to challenge yourself. Challenging yourself can become your greatest motivation to drive you toward your goals; take the risk - you can never know what outcomes your efforts can bring. They might just be worth the leap. Have a clear vision of your goals, learn from your mistakes, and learn to manage your time. Whichever industry or domain you enter, ensure you understand it thoroughly to become a successful part of it. Your business should match your personality. Know your clients and pay attention to their needs to build the perfect support. Focus on profits rather than revenue. The more profits you make, the more you can reinvest in your business, employees, and your success. Focus on employee morale, which is a critical part of your business. Finally, just do it - even if it is not perfect - you will learn once you put yourself out there.

BCM: Lastly, is there a message you would like to give to Business Connect readers?

Anuradha Parakala: Well - I would like to thank you for taking the time to read through my insights. I have learnt that plans are a roadmap but be prepared to do something totally different from what you set out to. Also, it doesn’t matter what the scale of your business, bring it to the top known level in that segment. It will open new opportunities for the future. And NEVER SAY NO to new opportunities without atleast trying them out. Lastly, If you have any needs for your human capital management, Vision Management Consultants will be honoured to serve you.

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• Industry - Consumer services

• Founded - 2017

• Founders - Amit Gupta, RK Misra, Hemant Gupta, Naveen Dachuri

• Headquarters - Bengaluru, India

• Area served - Bengaluru, New Delhi, Gurugram, Mumbai, Ahmedabad, Pune & Bhubaneswar

• Products - 18,000 vehicles

• Number of employees – 400

YULU LAUNCHES

WYNN

E-SCOOTER

NO LICENSE OR REGISTRATION REQUIRED!

Yulu, a major electric mobility company in India backed by Bajaj Auto, has introduced Wynn, a micro-electric scooter designed for personal ownership. It is available in two colours, Scarlet Red and Moonlight White, and can be booked online for INR 999. Deliveries will begin from mid-May, and the introductory price is INR 55,555. The company has indicated that the price will rise to INR 59,999 after the introductory period.

According to Yulu, Wynn is a result of years of research based on user behaviour and the urban mobility needs of a wide range of customers. It is an intelligent electric two-wheeler that caters to the mobility needs of urban families with various industry-first features such as instant family-sharing and truly-keyless access.

The mobility subscription packs of Wynn provide an exclusive and affordable ownership experience, reducing the upfront cost of ownership by 40%. Wynn also features a swappable battery, which can be swapped in under a minute at Yuma Energy network’s swapping station - a joint venture between Yulu and Magna. Additionally, a portable charger can be purchased as an accessory to charge the battery at home.

Amit Gupta, Co-founder & CEO of Yulu, stated that Wynn is India’s first electric two-wheeler for easy mobility, and that it offers not only an intelligent commute option but also a disruption of the entire ownership experience based on deep customer understanding and mobility tech.

Rakesh Sharma, Executive Director of Bajaj Auto, added that mobility is still underserved in India, and there is a huge opportunity for new mobility categories built around continuously changing user needs. Wynn will be built at the Chetak Technology plant of Bajaj Auto, and it will feature the same high-quality standards as Bajaj vehicles.

Wynn boasts a gender-neutral simplistic design, and its intelligent operating system with on-the-air (OTA) connectivity offers easy mobility for all age groups. Moreover, Wynn can be driven by people of all ages above 16, without the need for a driving license or vehicle registration.

As part of its ownership model, Yulu will not charge customers for the cost of batteries and chargers. Instead, it will offer mobility subscription packages that customers can choose from based on their requirements. The company also plans to expand its battery-swapping infrastructure from 100 touchpoints to 500 by December.

Yulu
48 www.businessconnectindia.in | Vol. 5 Special Edition May 2023 | INDIA 49 www.businessconnectindia.in | Vol. 5 Special Edition May 2023 | INDIA
50 www.businessconnectindia.in | Vol. 5 Special Edition May 2023 | INDIA

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