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www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
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Editor’s Note “Growth is never by mere chance; it is the result of forces working together” Hola readers! I hope you’re well. As we all know ‘Company’, ‘Customers’, ‘Competitors’ – these are the three key factors on which the foundation of a Company’s growth, is built. With the emergence of globalization, organizations have fortified their business with tech-innovations, creative framework and adept workforce; helping them to stay ahead of peers with a satisfied client base. Govt. initiatives further play an integral role in propelling the business of several innovators. Another factor that has proven to be prolific is the digital platform. The disruptive technology has conceived a variety of solutions that gives organizations a substantial reach across the market and procure tech-elevated solutions, subsequently. Digital technology has raised the bar for Telecommunication Industry, in a while. Like the revolutionary transformation in other verticals, LTE (Long Term Evolution) has become the new facet of telecommunications technology. The modern era is extensively connected, with digital platforms; 8 out of 10 people carry a smart device and to suffice their need, the telecommunications platform has devised the 4G LTE Network. The technology is the most popularly utilized telecom - technology, across the planet. In this edition “25 fastest Growing Company”, of our esteemed magazine, we are featuring the story of Cellcard – A trendsetting organization; leading the Cambodian telecom market. With more than a decade of experience, Cellcard has risen to the stratosphere in Cambodia, with its 4G technology. Cellcard was brought into the spotlight by, Ian Watson. Ian is a seasoned leader of the telecommunications arena and is on a mission to integrate Cambodia, with excellent and cost-effective mobile network services. Recalling its celebrated growth, Cellcard has set sight to work with the country’s government to introduce 5G technology for the people of Cambodia. Cellcard has treasured numerous accolades throughout its journey, which clearly justifies its rank amongst peers. The story of Cellcard is worth a fortune for everyone who foresees their business to new heights. However, growth is not something one can achieve in a single day; it’s the result of years of hard work, dedication and patience. Comprehending to this, Business Connect India is showcasing un-orthodox stories of entrepreneurs who have become an example for others. The world is still in desolation and it’ll be a fruitful investment of your time; going through these stories. For further growth-oriented updates, we have several in-house articles that’ll refresh your mind and keep you along with the world. 2020 will always be remembered, for the catastrophes that happened across the planet, especially the COVID-19 outbreak. On the contrary, it has laid down innovative opportunities for those that wish to transcend beyond challenges. We’ve come a long way since, the inception of the outbreak and I firmly believe we’ll be victorious if we stand our ground.
Indranil Roy Indranil@businessconnectindia.in
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Vol 3 |Issue-1|August 2020 Publisher & Editor : Abhishek Kumar Dubey Editorial Team Indranil Roy | Kajal Dobhal | Ashwathy Nair | Dr. Amit Mishra Sugandh Bahl | Avishek Singh
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Corporate Team Satyam Singh | Sunny Pathak | Pradeep Pandey | Karan Sharma Komal Verma | Asha Dudeja| Aarti Kumari Rahul Kumar| Vikash Kumar | Sunaina Gupta | Reetu Chauhan Co-ordinator (Business Connect-Clients) Anita Kumari | Priyanka Gupta Data Research & Analysis Satyam Tiwari | Amit Kumar Harsh Kumar Garg | Anita | Ravinder Singh Gunjan Kumari | Damini Tyagi Finance Team Monika Aggarwal | Gourav Singhal | Reshmi Circulation Team Sonia Tiwari | Anurag Tiwari
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Creative Team Chandan Sharma | Reena Kumari | Rajat Pathak Legal Affairs Mukesh Kumar Human Resources Nivedita Basu Digital Marketing Manager Ravikant Singh
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CONTENT
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www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
COVER STORY
CELLCARD Building A Digital Society For Every Cambodian
DEVELOPMENT How Did These Companies Handle Their Growth? Ways To Handle Rapid Growth
EURO EXIM BANK LTD
Pioneering Financial Solutions, With Cutting- Edge Technologies
EXPANSION 25 Fastest growing companies in india 2020 MARCHING SHEEP
Helping businesses march forward by developing people management and sustainable capabilities
PHOENIX BUSINESS ADVISORY
Reshaping client’s vision of business Expansion & Family Business PR to Australia
ADVERTISEMENT Marketing Ideas that Promoted these Companies
SAIFAE HOSPITAL
Dedicated To Ensure The Hassle-Free Medical Journey To PatientsPel
SUCCESS STORY Paytm Founder, Vijay Shekhar Sharma’s inspiring life story
VINAYAK GRUP Joys of Living
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Cover Story www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
IAN WATSON
Chief Executive Officer
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BUILDING A DIGITAL SOCIETY FOR EVERY CAMBODIAN Indranil Roy | Business Connect Like most revolutions, it began small. Like all revolutions, it eventually spread like wildfire. Similar is the story of Cellcard, which has risen to become Cambodia’s longest-serving mobile telecommunications company and the undisputed Network Leader in the market having just achieved its 6th consecutive Ookla Speedtest Award. The real success story really began in January 2017 when the company took the bold move to roll-out more than 3000 4G sites in less than 12 months. Within the first three months of the roll-out, the company secured its first Ookla Speedtest Award for its 4G speeds, and has subsequently won each and every speed test conducted in Cambodia since. Having risen to pole position for 4G in Cambodia the operator now has its sights firmly set on 5G which will form the backbone of the full Digitalisation of the Kingdom. Looking past the network infrastructure, Cellcard has internally geared it employees for the change moving its day to day operations into the Digital Age, automating processes and bringing on new systems and platforms. The company has moved to a matrix organisational structure removing hierarchy and empowering all team members to play an active role in strategy and innovation. With this mindset, Cellcard has changed its approach to customer offerings, and has developed and launched full suite of new digital products and services based on content, entertainment and education.
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Network Expansion....................................................................................................
This is in addition to a new billing platform, a complete revamp of its self-service app and the digitalisation of customer servicing through online channels including chatbots. The proof-points of success are clearly evident in Cellcard’s 2019 end year results with a 25% increase in market share and revenue and a highly engaged and satisfied customer base of more than 3.2 million. The turnaround story from being a late entrant to 4G to now being at the forefront of digitalistion and having the highest tested speed for 5G in Cambodia to date (at a staggering 1.6Gbps), is a truly impressive achievement.
“We’re reaching out now across all of Cambodia,” says Ian Watson, CEO of Cellcard, Cambodia “We’re delivering a Cambodian network, from a Cambodian company, built by Cambodian people, into the market. It’s important that we’re Cambodian. Even when you’ve got people like me, a foreigner, we’re conscious of the Cambodian culture – how the people work, how the people operate – and building our internal delivery to match that.” Presenting you with an inspirational story of Ian Watson and his remarkable journey of connecting a nation through Cellcard. FROM MBA GRADUATE TO RESHAPING HOW A NATION WORKS Ian Watson is widely applauded in the telecommunications industry as an Innovation Thought Leader and visionary leader who inspires and motivates as he shares his vision for the future Digitalisation of Cambodia. A regular keynote speaker at telco and ICT events, his presentations are delivered with impact as he cements Cellcard and indeed Cambodia as a shining light in the ASEAN region. He has been at the helm of the Cambodian telco industry contribution to GDP, helping fuel the 36% growth in mobile connections in 2018 and again in 2019. Cambodia last year achieved one of Asia’s fastest growing GDP rates of 7%, moving the country from a low-income economy to a middle-income economy. As a long-standing telco leader, he has held C-Level positions in Orange across different global markets before moving to Cambodia to head up Refresh Mobile and then taking on CEO role of Royal Group’s Wing Money - Cambodia’s leading specialised bank. www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
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He currently is CEO of both Cellcard and the Royal Group ICT Division which consists of telecommuniations, an ISP, digital payments, broadcasting and digital TV.
“I firmly believe, for Cambodia, 5G will be the lever for the Fourth Industrial Revolution, for the full Digitalisation of the Cambodian economy,” he says.
“We’re focused on delivering around how we use digitisation, 5G, and other data networks to improve people’s lives. We’re going out into the provinces, the remote villages, and building this huge data network, so no matter where you are, you’ve got a connection to super-fast mobile data.” says Ian.
THE BEST AMONG THE REST Cellcard’s strategy from which to build for the future has always been centred on accelerating mobile data usage and smartphone penetration across every single province and community in Cambodia.
Cellcard’s taglines, ‘Proudly Khmer’ and ‘Cellcard is for Everyone Everywhere’, has been an important part of the company’s success story to date. This strengthens our belief to put Cambodia at the peak of the mobile network excellence and to provide access and affordability to every single Cambodian.”
INTO THE WORLD OF 5G Cellcard is actively collaborating with the Cambodian Government on 5G initiatives. No other telco in Cambodia shares Cellcard’s strong position to lead the introduction of 5G and the digitisation of Cambodia. As part of the Royal Group of Companies ICT Division, Cellcard has the leverage of its sister company’s infrastructure, services, resources and importantly local knowledge to move to digitalisation. Cellcard is the only operator with the spectrum ready to deliver 5G services with a total bandwidth of 170 Mhz. Cellcard already owns more than 50% of the spectrum allocated for 5G. For Ian, it’s about enabling Cambodia’s digital economy, delivered across a 5G network. 13
The strategy saw Cellcard having the foresight to commence its impressive 4G LTE roll-out with the Kingdom’s most affordable mobile data plans.
In so doing, Cellcard was prepared to our progress before profit to prepare the market for the future and to educate and engage with new digital channels and content services. The company also achieved a dual strategy of inspiring the mass market with easy to and simple services but also attract and retain the digital savvy urban youngsters whose digital lifestyles and needs are vastly different from those older customers living in more remote areas. It is not good enough to just offer the biggest numbers to entice consumers, the willingness and openness to deliver on promised value is of more importance as is knowing the customer and tailoring products for their different needs. www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
“As one of Cambodia’s top three brands, we have built our reputation on trust and reliability and are known as the steadfast operator with Cambodian family values at its core. We offer a comprehensive range of services that include voice, data plans, tourist and roaming packages and a full range of enterprise and business solutions. We have led the Cambodian market through 2G, 3G, 4G offering the widest and most affordable mobile data offers tied with the biggest and most reliable network. Now, we are leading the introduction of digital services around the introduction of 5G with a range of new and exciting products and services in key locations. We are focused on delivering around how we use digitilisation, 5G, and other data networks to improve people’s lives.”
A PRIME USE OF 5G: GIVING A SOLID STRUCTURE TO THE COMMUNITY A prime use for 5G is to automate its factories. Cambodia has numerous garment factories and automation allows a tremendous opportunity for growth. Food manufacturing will also be at an advantage from automation as well as logistics to help transportation and import and export.
CONNECTING CAMBODIANS With an aspiration to become the most favored telecom service provider, Cellcard, in 23 years of operations, rose to the pinnacle of accomplishment and continues to lead. Consumers have certainly been the clear winners, as the cost of sending and receiving data wirelessly has been significantly low.
Smart city use cases aim to build safer, cleaner communities that need integration with industry and governments. Besides this, virtual classrooms can meet basic needs for all ages and remote surgery. 5G will be able to connect rural communities to critical services and create jobs and business opportunities.
“When you see what we’re contributing to Cambodian society, it makes it that much easier. To give you an example, we introduced a new, state-ofthe-art billing system three months ago. We worked 24/7. It was tiring and stressful, but when we saw the following weekend, people saying how much easier it is to do business with Cellcard, that itself eases the stress.”
With the rise in internet services, there will be increasing online commerce platforms, a rise in online learning tools, increasing digital payments and transactions and much more. All of this directly improves education, creates jobs and benefits the economy overall. Cellcard’s mantra is to drive GDP growth through mobile data acceleration – on the basis that for every 10% increase in mobile data penetration contributes between 0.6 – 2.8 percent in GDP.
“If we can show the socio-economic costs related to some of our current issues that impede growth, then the justification for 5G investment can be made,” says Ian. “It’ll bring benefits to all Cambodians; whether it’s a business, an SME, a corporate or an individual in areas such as education and health care. There’s a whole new host of relevant services that we can deploy across Cambodia. At the end of the day, we’re a business, but we will help improve people’s lives. As we build one of the world’s best data networks, part of that is to help Cambodians in their day-to-day lives.” www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
The list of awards Cellcard has achieved under the leadership of Ian Watson is extensive – local, regional and global.
“We might have won 26 awards. But it’s not the accolades which concern us”, says Ian, “Rather they show us that people are recognising what we’re doing as a company to change this country. We class ourselves as one of the pioneers of the digital revolution here in Cambodia. And as such, we’re looking at building a world-class innovation and experience centre next year to showcase our technologies from AR and VR to smart cities, connected homes and virtual classrooms,” BUSINESS IS ULTIMATELY ABOUT PEOPLE The work environment is extremely important in determining how productive and enjoyable the work is.
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“We work towards building a strong, committed, and diverse team, which will subsequently control and guide the transformative effects of the core team says Ian. Also, as the Captain of the ship, I bear the burden of taking tough decisions regarding the abilities of the workforce, gauging whether an individual has the motivation to make the journey. We foster female empowerment in our culture and ensure that everyone has the chance to share
providing new products and services as customers’ data needs evolve.
their ideas. I believe it is vital for management to be visible and approachable. Thus, I run the company with an opendoor policy and spend time talking to my team members and customers. In order to facilitate our continuous development, it is important for us to have weekly meetings to ensure every team member is on the same page. These meetings have proven to be a cornerstone of our success as a team and make sure we share one common vision and goal for the company.”
world at affordable prices. We are preparing a huge number of new innovative products and services ready for the digital world. Our focus will soon shift to 5G services to deliver superfast broadband, premium, and priority broadband products for the full range of Consumer and Enterprise segments.”
FUTURISTIC WORLD The industry won’t stand still. Nor will the customers. To stay ahead one has to be creative. Yes, Cellcard has created a buzz and built a demand for its 4G services. The telecom company has been quick to predict the demand for the future and is already working towards creating 5G services. All of these are just the beginning. A leader like Cellcard needs to maintain the pace and ensure it keeps servicing the growing demand and 15
“I see myself continuing to build what I believe to be one of the best and biggest telecommunications companies in the global marketplace. There is no end in sight for what we can achieve in the future. We are planning to introduce the best services across the
Words of Wisdom: “Build a good team’. You’re only as good as the team that you have. Make sure every day you spend time mentoring and building team spirit and a good rapport. To guide them, to help them, and also to learn from them. I’m not some guy who knows the answer to everything. I learn new stuff every day from the team. They come to me with new ideas, new ways of doing things. So what I give as a takeaway is the key to building a successful company is bonding and working with the right people around you.”
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HOW DID THESE COMPANIES HANDLE THEIR GROWTH? Ways to HANDLE RAPID GROWTH Your business is booming. Deals are up and benefits have never been higher. Those greener fields you have been energetically progressing in the direction of are at last beginning to come into see. The quick development stage is one of the most energizing occasions for any organization. Dealing with fast development is no simple errand. In the event that you are not appropriately arranged for the enormous changes, things can without much of a stretch winding wild and transform your fantasies into bad dreams. Here are a couple of tips to remember during this significant procedure:
COMPREHEND THE REASON FOR DEVELOPMENT In the event that your independent company is encountering quick development, obviously, you’re accomplishing something right. Keep this perspective unmistakable inside your plan of action. It is simpler than you might suspect to dismiss basic beliefs during fast development. This implies breaking down deals, resources, overheads, stock, and receivables. When you have an away from of precisely where you stand monetarily, plan out how you gauge the development to affect those elements to decide how you should renegotiate. This will assist with dodging possible liquidation not far off.
KEEP THE CLIENT EXPERIENCES A NEED Don’t you abhor calling a major organization and being compelled to converse with robotized robots and tune in to mind-desensitizing lift music? On the off chance that your clients are utilized to a significant level of help, getting things done to detract from that experience will turn them off in huge numbers. To the extent an improvement for your business, the clients are the ones with the most important thoughts. Keep in mind, at an advanced age, a terrible encounter can spread through the web in practically no time.
PICK YOUR GROUP CAREFULLY. The representatives you enlist hugely affect the eventual fate of your organization. Notwithstanding how great your item or administration is, without the correct group to direct development, your business will crash and burn. Try not to be hesitant to recruit individuals more brilliant than yourself. Odds are, they can carry a great deal to the table and have imaginative plans to keep development moving easily. Simply make certain there is a mutual vision of the organization’s future.
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CAUTIOUSLY MEASURE STAFFING NEEDS. Quick business development rises to a squeezing need to add more specialists to finance. This is a prime opportunity to step back and fundamentally evaluate your present staff and whether their obligations can be upgraded to meet expanding errands.
BE AVAILABLE TO ADJUSTING. Having the option to adjust to changing patterns and thoughts is a typical quality among fruitful business visionaries. The capacity to modify your business and test various systems is perhaps the most grounded approach to move toward the development stage.
LOCATE A DECENT COACH. Being in charge of a developing organization doesn’t intend to have done it in solitude. Try not to be reluctant to set your sense of self aside. Looking for help and counsel from an accomplished business person can assist with lessening a ton of stress. Odds are, they’ve run into a lot of similar circumstances you have and know the early signals of likely issues. The fast Growth phase of an organization can be a very unpredictable condition. At the point when it’s an ideal opportunity to settle on important choices that decide your future, you should be enough arranged and financed.
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COMPANY
PERSON
DESIGNATION
Aavanor Systems Pvt. Ltd.
Vennimalai M
CEO
Cellcard
Ian Watson
CEO
Chimpandzinc
Angad Singh Manchanda
CEO and Co-Founder
Design'N'Buy
Nidhi Agarwal
CEO, Co-founder
E-Cube Energy Trading Pvt. Ltd.
Umesh Bhutoria
Founder, CEO
Euro Exim Bank Ltd
Graham Bright
Head - Compliance and Operations
igrenEnergi Inc
Jiten Apte
CEO, Co-founder
Infinite Computer Solutions
Upinder Zutshi
Managing Director, CEO
JunoTele Solutions Pvt. Ltd.
Sekhar Rao
Founder, CEO
Marching Sheep
Sonica Arora
Founder and MD
NetGains Technologies
Rishikesh Somshetti
CEO & MD
NSquare Xperts
Nilesh Kankariya
Founder & CEO
ONGO Framework
Rama Kuppa
Founder & CEO
Paramatrix Technologies Pvt. Ltd.
Mukesh Thumar
Managing Director & CEO
Phonix Business Advisory
MP Singh
CEO
Pixopa
Amit Shinde
CEO
Quantum Phinance
Shridhar Iyer
CEO
Saifee Hospital
Ahmed Khapra
CEO
Server Wala Datacenters
Akshay Saini
CEO
Skynet Expert pvt. Ltd.
Dr. Rajesh Joshi
Chairman & MD
Sukraa Software Solutions Pvt. Ltd.
Sridhar Paripoornam
Owner
TIGI HR Solution Pvt. Ltd.
Dax Bamania
Founder & CEO
Transaction Analysts India Pvt. Ltd.
Srinivasa Katuri
Founder & MD
Vinayak Group
Umesh Kyal
CO- Chairman
Wisdom Capital
Deb Mukherjee
Founder, Director & CEO
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EURO EXIM BANK LTD
Pioneering Financial Solutions, With Cutting- Edge Technologies Kajal Dobhal | Business Connect The recent lockdown for the COVID-19 outbreak has empowered the utilization of digital technology. With work from home, several national and multinational companies have operated remotely and created milestones. Among the many verticals, the financial sphere has significantly changed the way of handling and accessing accounts, through home banking. By investing in technology, many several banks devised digital solutions for customers that can be accessed via any smart devices. Euro Exim Bank is a global financial institution, with targeted solution and services. The bank is infrastructured with notable innovations, leading the field in the finance sector as a sustainable business with strong management, international recognition, a broad skill-base and financial performance. A PREFERABLE NAME ON THE GLOBE Euro Exim Bank is a sophisticated multinational financial institution, holding a class “A” licence. It is headquartered in Saint Lucia, West Indies, with a representative office in London. Euro Exim Bank was established in 2015, as a payment provider in the UK (SPI). In a while, the diminishing margins and crowded competitive nature of the business portrayed the need for a business model, with all kinds of targeted solutions. Spotting this gap in the market, the Company applied for an international regulated banking license in St. Lucia, under the strict auspices of the Financial Services Regulatory Authority (FSRA). This enabled them to provide the full range of banking services, with prime focus on trade finance. The bank is fortified with an adept team of trade finance experts. These professionals have incurred huge exposure in areas of financial messaging, trade systems, etc. The USP of Euro Exim Bank is its prompt response and punctual conclusions. With innovative technology, the bank expeditiously generates first drafts, complex KYC (Know Your Customer) processes and sends instructions within tight timeframes. The bank has established affiliations in Singapore, Chennai and Dubai, stimulating operational expansion. This helps in building sales resources in Africa and India, also empowers the growing trade relations, between the Middle East and the Far East. Navigating a safe passage through the myriad of players can be challenging for new market entrants, so companies need assistance with simplified processes and guaranteed payment corridors. Their wide variety of services, especially for corporates include: • Financial instruments facilitating trade for importers. • Bank Guarantee for Contractors. • Advance Payment Guarantee and Performance Bank Guarantees. • Online Bank Accounts. • Merchant Bank Accounts.
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GRAHAM BRIGHT
Head, Compliance & Operations 23
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SUPREME QUALITY ASSURANCE Quality assurance plays a fundamental role in a Company’s growth, and Euro Exim Bank has no exception. They have a strict quality checking process where initial checks begin, as soon as the proforma invoice arrives, saving time and potential liability and embarrassment if not caught until later in the transaction process. Moreover, staff check throughout the issuance process using sophisticated workflow tools, from the first sight of a client proforma invoice until the final delivery of product or services, helps in ensuring the optimal standards. This helps in maintaining quality control for accountability, transparency, visibility and authority.
and fully control risk profiles, utilize AI and automated processes for handling and digitizing management of trade documentation. The system covers the entire lifecycle of trades, from the first proforma invoice from the seller to settlement of the transaction up to one year later. Another accomplishment is their association with Ripple & xCurrent service for payments and ODL for solving liquidity problems. The products have assisted in switching from the local currency to digital assets (XRP) and paying out in local currency at the receiver end, which not only resolves the time issue of delivery and authenticity but also, solves the issue of switching into and out of expensive USD or EUR.
R&D significantly corroborates quality. Not just for client’s satisfaction but also to maintain the quality of an organisation’s components. EEB has implemented a regime of constant review and enhancement of the foundations of products regularly, ensuring that not only the client experience but the internal applications benefit from the introduction of trust and speed, at competitive rates.
These services are significant for economies in Africa, as cash-challenged companies no longer need to wait days for their money to traverse correspondent banks with associated funding and dispersal costs from local accounts.
TAILORED SOLUTIONS FOR A MULTILINGUAL CLIENTELE Euro Exim Bank has incorporated a multifaceted clientele from various geographical locations like China, India, UAE, Malaysia, Africa, Indonesia, Thailand and Vietnam. Many examples of their exclusive clientele include importers of non-perishable foods to stock supermarkets, buyers of technology for re-manufacture into new industrial machinery, garment manufacturers, scrap metal collectors for re-manufacture into countless new products, people building agricultural machinery, and many others. In short, they have clients of all sorts from a variety of verticals. This client base often meets collateral requirements placed on them by large institutions, imposing 110% of the value of trades to be locked in an escrow account for the time of the transaction. Since trades can carry up to 360 days, it creates a devastating effect that locks cash flow and makes it nearly impossible to compete or participate in open markets. To resolve this, EEB approaches with appropriate collateral requirements (with no less due diligence, compliance, KYC, AML checks). Using these measures, EEB assists buyers in handling multiple trades, each secured, safe, and trusted with specific terms applied. The above situation is more pertinent in the African region as there is a traditional lack of trust, liquidity, local bank trade expertise and willingness to finance transactions. However, now, with ongoing US-China trade wars and other supply chains disrupted, the region is being eyed for raw materials with a new light, potentially super-ceding China as a prime supplier to the USA for several goods. SYNCHRONIZED WITH ADEPT TECHNOLOGIES In a conscious collaboration between management, sales and IT, EEB has brought the industrial expertise to enhance their infrastructure. Their products are crafted on a cloud-based trade platform that allows them to, maintain www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
PRODUCTIVE AMID THE OUTBREAK In the mid of crisis, EEB has forayed the arena of trade finance with its services through the digital platform. With more people working through remote access, digital technology has seen an increased rate of users as people are urging for digitalized complex documents across the entire trade ecosystem. Being digitally upgraded to the trends, they have already mastered the platform and are striving to be a completely non-paper, digitally ready organisation. Through their services, EEB is aiming to evolve from the use of current ‘wet ink’ bills of lading to efficient, universally accepted, verified and trusted electronic versions. AN INDOMITABLE BUSINESS MODEL EEB has a very strong and sustainable business model, facilitating the transactions that enable cross border trade, eventually remaining as an essential component in the supply chain. Their business model is further empowered by the partnership with RippleNet. The partnership has devised xCurrent and On-Demand Liquidity (ODL), to save time and mitigate risks. xCurrent directs cross-border payments into customer accounts without correspondent bank relationships or currency fluctuation. On-Demand Liquidity (ODL) minimizes liquidity costs, reducing cash flow issues, using XRP as the underlying digital asset, rather than switching into more expensive often restricted fiat currencies.
“Trust, leadership, experience, personal
relationships, country expertise, speed of response, cost-effective instruments and above all continued contact and information sharing, remain our ideals, which we have been able to translate a positive experience. - Mr Kaushik Punjani(Director).
”
By implementing innovative Ripple payment services, EEB has enabled the settlement of cross border transactions using XRP cryptocurrency. The service provides real-time financial exchange, surpassing the traditional 3-5 24
days for wire transfers. In these challenging times, EEB is standing as a major differentiator in providing clients appropriate collateral requirements to trade more competitively and efficiently, placing them ahead of cash-strapped competitors. A DEXTEROUS WORKFORCE EEB has employed an apex team of specialists, who are versed in the arena of trade finance. To keep this team at the optimal state, the Company constantly trains them, as well as update them with the trends in the industry and the peripheral important topics, such as compliance, due diligence, sales practice, sanctions etc. This helps in developing the staff members’ interest, loyalty and expertise towards the business continuity, international, national and local implications of health issues and impacts on trade (i.e. Covid-19), regulation and sanctions. This ultimately makes EEB more vigilant in the fight against fraud, double invoicing, scams and money laundering.
EEB is also planning to stimulate rapid sales team growth, more country coverage, technical enhancements to speed up instrument issuance processes, and accessing more clients in opportunistic emerging markets. With an incremental position in the market, EEB has opened doors to smaller currently disadvantaged companies. By providing appropriate trade initiation solutions, they are willing to create a competitive stature of these companies, in the international arena.
“
It is this depth of information, constantly changing requirements and desire to learn that sees every role as vitally important
”
asserts Mr Punjani
Each staff gets the opportunity to grow their expertise, making their skills transferable and valuable across the various departments of the Company and in their future careers. BESTOWED WITH NOTABLE ACHIEVEMENTS EEB has deliberately innovated the arena of trade finance by banking on technological platforms. By associating with Ripple, they have crafted blockchain-enabled, real-time seamless payment solutions like xCurrent and ODL; for which, they were bestowed with, “Best Technology Collaboration Award”, by Global Trade Review (GTR). In the melancholy caused by COVID-19, EEB has provided pioneering services for a global client base by utilizing digital technology. They are also featured, in many internationally acclaimed business journals like UK Parliamentary Review, International Finance, The European, CIO Review, World Business Review, The CEO Story, among the rest, as the ‘50 Most Trusted companies’, ‘Most Innovative Companies of the Year’, 10 Most influential Companies of the Year’, and lot more. For their delivery and applications of ingenious solutions, they were recently nominated, as one of the ‘10 Best Fintech Solution Providers to watch out for in 2020’. A WELL PLANNED FUTURE Within 5 years of inception, EEB has shown an admirable progression. Starting with 3 employees, the Company has incorporated an international workforce, steady revenue increase from targeted services, the value of the instruments EEB has been approached to issue over the years above 3 trillion dollars, geographic expansion and new offices with special projects.
KAUSHIK PUNJANI Director
Moving forward, EEB is aiming for sensible and agile management to ensure healthy revenue and profit growth. 25
www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
The positioning recognized the quickest developing organizations among every Indian industry utilizing explicit models Fueled by a thriving working class that is relied upon to develop to 89 million family units by 2025 with rising for each capita wages, India will be one of the biggest buyer markets by the mid-21st century. Development is regularly a business need, yet additionally a slippery objective. Talking about a framework of associations that have aced the art of creating from solidarity to quality, after an apparently perpetual measure of time after year.
PAYTM
SHUTTLE
This startup is an installment administration that permits individuals to pay assets to one another.
Shuttle is an application based transportation administration for suburbanites
ZOMATO
DIGIT INSURANCE
Best food-tech startup
At Digit Insurance, is a General Insurance organization set for make the confused protection framework straightforward and direct for everybody through their foundation.
FRESHTOHOME This is a conveyance administration that centers around meat and fish FreshMenu -Fresh Menu is another conveyance administration.
FLYROBE This organization permits you to lease planner garments
MYRA
COOLBERG Coolberg, a Mumbai based startup, works with an interesting thought of having a non-fermented brew.
CLEARDEKHO
Myra is an online drug store
ClearDekho is India’s biggest eyewear brand that gives eyewear to all financial plans
CUREFIT
RAZORPAY
CureFit works a stage for a solid force way of life and comprehensive fix across wellness, food, and mental prosperity.
DUNZO This popular Indian startup associates clients to the closest conveyance accomplice who can make buys, get things from any store or cafĂŠ in the city and carry them to all of you by simply using their application.
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Razorpay is the main installment arrangement in India that permits organizations to acknowledge, process, and dispense installments with its easy to understand item suite to all organizations from new businesses to huge ventures.
INNOV8 COWORKING This organization is a cooperating system that offers working spaces like that accentuation vigorously network commitment of similarly invested people to have their office spaces not feel like a normal office space yet somewhere else you can nearly call home.
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SCHBANG Schbang is an advanced showcasing office that has worked with notable brands, for example, Hot Wheels, Amazon Fashion, and Raw Pressery. They offer a larger number of administrations than your normal office running from, Search Engine Optimization, Technology, Design, Video Production, Photography, Media Planning and Buying, Influencer Management, and PR.
administrators to discover trucks with open limit, while truckers battle to advertise their accessibility
ACKO GENERAL INSURANCE
1MG
Acko a computerized protection firm gives customized approaches dependent on client conduct and offer extraordinary costs, outrageous comfort, and peaceful cases.
1mg is an online drug store system and conventional medication motor
JUMBOTAIL Jumbotail an online basic food item commercial center for organizations
DOCTALK DocTalk probably the greatest startup is a CRM and patient administration stage for specialists in India.
VEDANTU
CARS24 Cars24 makes selling a vehicle a simple, reasonable and speedy experience
PHARMEASY This fruitful Indian startup is one of the biggest drug store aggregators in India.
POLICYBAZAAR Policybazaar is India’s biggest and driving protection aggregator site.
Vedantu expects to democratize educating by making a commercial center for instructors.
SHARECHAT
INSTAVANS Instavans model is to change the regular model of transporters going through hours calling up different truck
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ShareChat is the quickest developing informal organization in India.
www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
A leading HR Consultancy firm led by a multi-faceted businesswoman; delivering exclusive interventions to clients across industries
Speaking on the same front Sonica says “We are seen as trusted advisors by our clients. We do not push Off-the-shelf programs. Instead, we understand their problem statements and requirements and provide consultative solutions. Once the client is aligned to the solution we curate and contextualize. That results in a high level of trust and engagement between us and our clients. And that is why they come back to us for repeated assignments.”
Sonica Aron | Founder & Managing Partner The world has changed dramatically in the last few months. We are at a state of war with an enemy we don’t fully understand. The covid pandemic has changed the world in so many ways. Way of working required to meet the need of this rapidly evolving marketplace and socio-economic eco system has to be addressed nimbly and with agility. Business models need to be looked at. Companies that can manage their processes, policies and practices and more importantly their people will succeed, where as companies that refuse to evolve or are slow to evolve will struggle. Thus, managing Human resources—both as a function, and the people who are your team, becomes all the more critical in today’s times. especially when there is a steep rise in the number of companies falling over due to an absence of streamlined HR strategy and implementation capabilities that include empathy, balancing between business recovery and employee wellbeing. It is very critical to adopt an open mindset to revamp company policies and practices. HR Advisory services help you take off the extra work that has been gathering on your table, be www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
it employee management or policy and practice formulation so that you can focus on other critical business activities like product portfolio streamlining, redefining route to market, marketing to target audience etc. For any leader, whether you own a budding business or run a large organization- Indian or international MNC, there’s a high degree of possibility that you are overwhelmed with business recovery priorities and have no time to manage the day-to-day HR tasks. A professional HR Consultancy can ease things up. The right partner can help refine and upgrade all people management policies and practices- from performance reviews, help in process tracking, assist in setting the goals, and help in people management so that you have an aligned and motivated team. Business Connect in its new edition brings forward the story of ‘Marching Sheep.’ The company offers a range of customized, qualitative, and research-based HR consulting services to address the evolving needs of businesses across the nation. 28
Stories that Inspire:A bootstrapped company that started as a single woman army. Ms. Sonica Aron is an alumnus of XLRI Jamshedpur. She has worked with companies like Pepsico, Roche Diagnostics, Vodafone, and AkzoNobel, She was heading HR for Philips Consumer Lifestyle business in India in 2012. She took a sabbatical for a year and then started Marching Sheep in 2013, with a vision of adding value to clients in building inclusive cultures and driving diversity, building behavioral competencies, strategic HR advisory, and building an emotionally resilient and healthy workforce. From a completely bootstrapped company based out of Delhi, which started as a single woman army, it has become an established HR advisory firm. In 7 years, the firm has encompassed major industry players and innovative startups as its partners and clients. The Founder believes, “Integrity is the core value of our organization. We only take assignments that lie within the ambit of our expertise and work closely with the client team to arrive at the scope of the project, deliverables, and milestones. We as a team also keep upgrading ourselves on new technology and concepts to be able to deliver high impact interventions for our clients. Every assignment has multiple consultants engaged so that balls don’t get dropped, and collective expertise is utilized.” The firm works with clients across sectors like FMCG, infrastructure, manufacturing, financial sector, law firms, healthcare sector, etc. Some of the long-standing clients include Sterlite Power, JCB India, Continental Tyres, Clifford Chance, SBI cards, IIFL, Lupin, Takeda, Reckitt Benckiser to name a few. Want to know more about this promising company? We had a conversation with the founder to bring you some exclusive insights on who they are, how they work, and what they believe in. Here’s a quick glimpse. How are you ensuring better outcomes from your business in the time of the COVID-19 crisis? Marching Sheep has evolved rapidly in the last two months and is delivering all the interventions and consulting virtually, without any dilution of deliverables. This required extensive client engagement and research to arrive at areas where clients needed most support during these times and evolving interventions to address those needs. During this time, the team has worked relentlessly to develop new content and offerings, and focused on developmental activities. We have also focused on keeping our clients and other audiences updated with emerging trends, focus areas, areas to watch out for with our articles in various publications. Is your business model strong enough to recover from the aftermath induced by the global pandemic? People are the most important asset of any organization, and possibly the only asset that appreciates in time with 29
experience, capability building, and engagement. Our work enables the organization to build an experienced, capable, and engaged workforce through the range of our offerings. Even during these times, clients have kept in touch with us for different advisory consultations. So yes, our business model is strong enough to not just recover but emerge stronger from this crisis. What gives you an edge over your peers? Our biggest USP is the fact that we have industry experience. We are not just trainers, but HR professionals who have recognized their passion for contributing to client organization in tangible ways, and are realizing this passion through our work at Marching Sheep. Our second USP is solution orientation. We help clients find solutions. Our third USP is that we do not just consult, we also help in the implementation and all our assignments are KPI linked. We truly help clients move the needle. What are the future endeavors of the Company? We are a Delhi based firm but deliver pan India. Before COVID, we have delivered assignments in the NCR region, Mumbai, Pune, Jaipur, Pata (Near Kanpur), Chennai, Hyderabad, Bangalore, Ahmedabad, and Kolkata. We have a physical presence in Delhi and Mumbai. We intend to open more offices In India in 2021, once the COVID issue dies down, and also explore international markets. Share some words of wisdom for the aspiring entrepreneurs and the readers of our Magazine. Being an Entrepreneur is a double-edged sword. While it gives you a blank canvas for you to paint your masterpiece, it comes with a lot of responsibility and administrative tasks. As a business owner, I am responsible for the well being, learning, growth, and satisfaction of my team. At the same time, there are a large number of administrative tasks like GST payment and filing, TDS payment and filing, invoice generation and follow-ups, documentation, etc. I started as a one-woman army and soon realized that I could not do all of this alone. So, having trusted team members and partners are key to success. Secondly, never compromise on the quality of your product or service. That is a key differentiator. Being passionate about your business will help you overcome hurdles and help you find that strength in you that you never imagined. Lastly, don’t get consumed by your business. It would be tempting to work long hours, work on weekends, keep the laptop on all the time. But it will lead to fatigue. So pace yourself out. And lastly, build your team with care. I might have started Marching Sheep all by myself, but today, it is the team that is helping us all grow. Their commitment, passion, and perseverance in the last few months have been a great support to me. www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
Now Hiring. Jeff Cook Real Estate welcomes industry leaders who challenge the norms and are looking to take their business to new heights.
Experience Culture. Experience Commission. Experience Community. Experience Commitment.
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www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
PHOENIX BUSINESS ADVISORY
Reshaping client’s vision of business Expansion & Family Business PR to Australia Dr. Amit Mishra | Business Connect Currently, a large section of the Indian population is the thirdlargest group of migrants in Australia. In the last few years, Indians have preferred Australia over the countries like the U.K and the USA mainly due to its simplified visa process. Another reason contributing to the fact is the low-pollution level in Australia that adds a few years to the average life span of a human being. With providing ample career prospects to the youth , Australia has become the home for 600,000 Indians. Australian Bureau of Statistics(ABS) has revealed that the Australian population will witness exponential growth of the Indian Community in the near future. The Australian PR is the most favoured choice among the Indians due to the migration of a large number of adept personnel from India to Australia. In this context, Phoenix Business Advisory has intervened the arena by rendering hassle-free business migration services to pursue one’s dream PR in Australia. As per the CEO of the Firm, Mr M.P Singh, “We are determined to provide stage-wise documentation and payment process paired with Dos and Don’ts that has been proven as a blessing in disguise for the aspiring migrants. Rather than focusing on the quantity of the migrants, we have ensured to provide personalized services to each person who seeks our assistance.” PHOENIX BUSINESS ADVISORY offers business advisory solutions to entrepreneurs, SMEs, MSMEs and other business owners to diversify, expand or start a new business in Australia. Phoenix specializes in offering comprehensive business solutions pertaining to business acquisition, joint ventures or setting up a new business from scratch. The business advisory solutions at Phoenix ensure the transformation of the client’s vision of ‘business expansion to Australia’ into reality. Their forte lies in our in-house team of experts and an extensive partner network of marquee brands such as chartered accountants, financial planners, legal services, banks, real estate developers, businesses and many more. One of the most valued clients of the Organization, Mr Gaurang Patel says, “Phoenix has been capable of delivering whatever www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
MP Singh | CEO
it had promised me with. My nomination was made possible within the short time of 3 months. I will suggest the services rendered by them to each person in the know as they are 100% reliable advisory firm.” Many other clients like Mr Gaurang have been benefitted by the exclusive services provided by the Company and are satisfied by considering Phoenix’s Business Consulting services. 32
INCEPTION STORY
Phoenix started in 2016 in Sydney as Business and Real Estate Advisory. But due to the high demand of Enquiries from India asking about the possibility of getting Family Business PR in Australia through Business and Real Estate Investments, the Key Official decided to establish its first office at Ahmedabad in May 2018. The first Investment and Migration seminar took place on 28-29 Sep 2018; along with the Government of Queensland and since then, the Company is scaling heights in continuity. The adept team closely researches on the latest market trends and develop a strategy to benefit the customers at any cost. They imply strict policy of not disappointing the clients and to ensure this the Management of the Company willingly attempts all the measures even if such measures are long-hauling ones.
IMPLICATION OF MARKET RESEARCH
Market research for business acquisition is the most important aspect of the business module that had been proposed by a company. Recognizing the need of Research and Development in the growth of the Company, the CEO says, “If we don’t research into what we are about to perform and receive in return, then the chances of failures are very high.” Correct R&D strategy followed by evolution according to the market trends bestow a company with immense advantage of capturing a bigger market share.
UPHILL WORK TALE
Nothing in the world comes easy. As we all know the saying, it takes very long-struggling years to become an overnight success. My struggle was to combat the lack of knowledge in the business world. Colleges and Universities have performed a fantastic job in teaching but this is aimed at the theory only that prevents us from acquiring practical knowledge. However, in today’s world that makes life very challenging one must expand their intellectual horizons as much as possible. “What one learns in a University will not be of much help in the business world. One can take an insight from an example into what I wants to convey -I did my masters in 2007 and back then, Facebook marketing was probably 2% of what it is today and other digital social media platforms like Instagram, Whatsapp, Pinterest, Shopify, Snapchat didn’t even exist. Evolving in business is a must or the market space will consume you no matter how much excellence you hold in the theoretical world.” says the CEO. 33
“If you easily satisfy yourself in little achievements then you should not be in the business world, as it leads to disaster. I believe the hunger of growing and evolving to make your start-up better can help excel in the growth prospects.” Conveys M.P Singh to the budding entrepreneurs. The Management of the Firm has ensured to invest heavily in new technology followed by the training modules. It keeps a close eye on the day to day trends of technological advancements that can help enhance the working standards of the Firm and evolve the efficiency level for its betterment. The Government of India has supported this start-up by far. Any government in the world favours budding businesses with the aspiration of their growth as the business creates a lot of employment and taxes. Business migrations program generates a good amount of revenue and jobs for locals.
SHINING THE LIGHT ON FUTURE PROSPECTS
Phoenix commenced its First Branch in May 2018 at Ahmedabad with 3 staff members only and by February 2020, it expanded its horizons by establishing 4 offices with more than 30 employees. By the end of July 2021, they have expected to inaugurate their branch operations in Surat, Dubai, Delhi, Ludhiana and Hyderabad as per the demand of the clients. And by the end of 2024, the Company aspires to expand its presence around the globe with the expectations of the asset management holders to be between 1.5-2.5 billion USD. www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
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MARKETING IDEAS THAT PROMOTED THESE COMPANIES 2020 Contingent upon your industry, you may have seen your deals and income fall as of late, because of the Corona virus. A few divisions have seen a practically absolute discontinuance of action and have needed to advance to endure. TRY NOT TO MAKE KNEE JERK REACTIONS OUT OF PANIC Regardless of whether your pay evaporates and you have to guarantee any administration help accessible in your nation or locale, you should prop some computerized showcasing up. It will keep your business name noticeable and in individuals’ brains for when clients choose to return. KEEP CONNECTED WITH YOUR CUSTOMERS ON SOCIAL MEDIA Individuals utilize their web based life accounts like never before during difficult situations. This is especially the situation on the off chance that they are frightened or questionable about what is happening around them. On the off chance that you live some place in lockdown, at that point internet based life will be one of the most critical types of correspondence. ACCEPT ANY OPEN DOORS THAT ARISE TO HELP PEOPLE IN THE CRISIS The best type of advertising is consistently when you make
altruism. Individuals recollect the beneficial thing your business does. IMPROVE YOUR ONLINE PRESENCE More individuals are online than any time in recent memory now. They are additionally getting warier of individual associations. However, that doesn’t imply that they have lost enthusiasm for the organizations around them. IMPROVE YOUR SITE’S SEO It’s all very well having an improved advanced nearness, yet that is worth little if individuals can’t discover their way to your site. Any business with a site needs to work great website improvement (SEO) standards on the off chance that they would prefer not to wind up lost among the opposition. USE PPC ADVERTISING It presumably relies upon your industry, however now could be the ideal chance to build your compensation per-click (PPC) publicizing Adjust Your Offers to the Circumstances Broadcasting companies have even still been running advertisements for travel services, recommending you should invest significant time currently to venture to every part of the globe. You will likewise observe various promotions entreating you to go on a shopper
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spending binge, appreciate Spring Break, and save money on brands of tissue, since a long time ago sold out to freeze purchasers. KEEP ON TOP OF YOUR MARKETING METRICS It is a higher priority than at any other time currently to watch out for your showcasing information. Pay heed to what works and accomplish a greater amount of that. In the event that already effective promoting as of now needs sway, it has gotten unessential; diminish or stop that sort of showcasing for some time. WHENEVER FORCED INTO LOCKDOWN PLAN YOUR FUTURE MARKETING Presently is a perfect chance to design your future advertising and how you will get yourself back up and operational addition. Contingent upon your circumstance, you may need to design your advertising resurrection on a tight financial plan, yet advanced showcasing doesn’t need to be excessively costly.
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DEDICATED TO ENSURE THE HASSLE-FREE MEDICAL JOURNEY TO PATIENTS Avishek Singh | Business Connect A multispecialty hospital is the single window hospital rendering various medical facilities to the patients at the same place only. In the realm of providing dynamic and efficient healthcare to patients, Saifee Hospital has intervened the market as a front line provider of extensive healthcare. Within a very short -span of time, the Hospital has managed to establish its name in the healthcare domain as one of the most effective multispecialty-hospitals. They guarantee world-class standards in the health management and offer various medical specialties to the patients. Saifee Hospital is a 256 bedded Multi-Speciality Health care Hospital with best in class infrastructure enriched with unrivalled latest technological advancements such as Robotic Surgery system, Bariatric System, etc. It has become an ideal destination to all the multi-specialty needs due to the availability of the exclusive services offered under the same roof. Within a very short period of time, the hospital has escalated its growth rate by ensuring world-class medical facilities to the patients. As per the Key Official of the Hospital, “ We are determined to provide our patients with a comfortable medical journey by providing quality health care at an affordable price. Saifee Hospital aims to provide stateof-art technology for Diagnostic and Therapeutic services to the patients in the world-class ambience with passion and precision.”
AHMED KHAPRA | CEO, Saifee Hospital
INCEPTION STORY
Sharing the inspiration behind the establishment of one of the best multi-speciality hospitals in India, the Key Official reveals that it was the noble desire of Late Dr Sayedna Mohammand to form a multi-speciality hospital that could cater to the essential health care to common people at a reasonable price and dedicate it to the name of his father Dr Sayedna Taher Saifuddin. The struggle a common man faces while seeking medical care in our country motivated the Team to emerge out as an affordable medical care provider and establish Saifee Hospital.
A GLANCE AT THE INFRASTRUCTURE AND FACILITIES
Speaking of the Facilities and Infrastructure, the Hospital has arranged unmatched necessities that are affordable enough to be claimed by the underprivileged class as well. Variety of rooms and beds, Royal suite 52, a separate wing for Maternity ward and Neonatal Intensive Care, spacious and hygienic waiting area, 8 Operation theatres with modern equipment, 20 Consulting rooms, Pharmacy operating round the clock, Blood Bank that opens 24×7, Opthal shop providing high standards in eye care, Medical Library with latest books and journals in medicine, separate Ambulances for critical and non-critical patients, well- adapted Communication facilities, CSSD and Laundry, etc, are the amenities provided in the infrastructure of the Institution. www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
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ABOUT THE CEO
The CEO of the Hospital lives in New-York but visits the hospital regularly. The key function involved in the role played by him is related to the advisory capacity that can help escalate processes to keep the institute abreast of the changing times. The Hospital has received prestigious certifications from NABH, NABL and ISO Pharmacie De Qualite for ensuring the quality of services in their performances. The Key officials reveal the mission to achieve excellence in healthcare by providing world-class preventive, curative and holistic care to an individual from diverse strata of the society in a safe, ethical and affordable manner.
WHAT IS IT THEY DOING RIGHT?
Acknowledging the escalating heights of the Hospital in providing the health care to the patients, the Key Official states that the driving force that is carving the success story of the organisation is the bevy of highlyskilled professionals ensuring the best- in- class healthcare services. Various aspects have been responsible for the brand name that the hospital has been able to coin by far such as- Excellent infrastructure and equipment, affordable prices for the services, demonstrable commitment to accreditation(NABH), quality assurance and transparency of outcomes. The Hospital has emerged out as a healing centre for not just the patients in India but the people from around the globe. Every patient desires to be treated under the state-of-art facility with the strict security measures and ultimate precision at affordable price as well. Saifee hospital has emerged out one of such leading health-care provider that has been capable to meet the medical aspirations of the patients effectively and efficiently. Ensuring to keep pace with the technological advancement in the healthcare domain they have introduced the latest Robotic Surgical System which could be found in a few of the other hospitals in the country. The Hospital has formed an isolation unit for high dose Radioactive Iodine Treatment for Thyroid-Cancer patients. A specialized clinic has also been commenced lately, acknowledging the healthcare needs of Female Uro Genital problems. All of the above mentions have adroitly allowed Saifee Hospital to evolve as one of the best healthcare providers in diverse verticals. Addressing the role that the loyal staff plays to keep the reputation of the Hospital up to the mark, the Key Official says, “ We are proud of our loyal staff that is providing its wholesome efforts for the sake of the organization
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aiming to serve the patients with dedication and compassion. Seniors leaders ensure listening to their under-employees and constantly offer them opportunities to improve their performances to escalate departmental growth.”
INVOLVEMENT IN CSR
Being a Charitable Institution, the Hospital has mandated free of cost services to the underprivileged section of the society. The Key officials of the multi-speciality hospital have also ensured to offer a significant part of their overall revenue for the treatment of the patients who are not economically capable of opting the expensive treatments or surgeries. The core strength of the Hospital lies in the philosophy – Prevention is better than the Cure. The routinely health check-up programmes conducted by it are aimed to add years to the lives of the people by the early detection of the diseases and pinpoint the unhealthy lifestyles. They have launched several Health and Wellness packages covering all the age groups and genders, specially designed as per the International guidelines for 100% healthy and disease-free future of the people. With the noble cause of rendering the society with the better-equipped healthcare facilities at the affordable price, they have envisaged of becoming the SuperSpeciality Hospital in the near future. At last, it is the humble opinion of the CEO that not a single person can be entirely be given the credit for the achievements of a large institution like Saifee. Therefore, he would like to acknowledge the members of the entire Saifee Family and its well-wishers for their dedication and hard work.
www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
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www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
Paytm Founder,
Vijay Shekhar Sharma’s
inspiring life story!
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Paytm today stands as a colossal organization in India. Be that as it may, there are not many of us who think about the battle behind the accomplishment of the man who discovered Paytm. The man who claims a $3 billion organization today had begun with just Rs 10 in his pocket. Early Life The kid who had a place from a little town in Aligarh was destined to a man who was an exceptionally principled teacher. He completed his optional tutoring at 14 years old. In any case, his whole training being in Hindi, he didn’t know to peruse and compose English and before long found that it was important to gain proficiency with the subject to get into a decent school. He took the test emphatically and began learning the language by getting books from his companions and contacting old magazines. He took two books simultaneously where the first would be a Hindi rendition and the second one an English one. The first bencher kid when admitted to a building school in Delhi before long turned into a piece of the backbenchers. Before long, his passing marks transformed into terrible, and he totally quit going to his school. It was the trouble of English learning and steady reaction in his building school that let him free premium and addition another one towards the enterprise. Passion for business Colossally enlivened by Yahoo and his affection for the web caused him to seek to go to Stanford for Yahoo was worked there. Be that as it may, the absence of fund and his awful English confined him from getting in there. The kid with his school mates began building their own substance the executive’s framework which ended up being the significant distributions in The Indian Express. He joined his first occupation in an MNC too as of now and passed every one of his assessments.
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This may sound truly convincing, yet conditions didn’t end up being so ideal true to form. His companions broke his fantasies to arrive at Silicon Valley. They left him bankrupt while they had recently started the business and had raised the first round of subsidizing. It was entirety of 8 lakhs raised while he was conned for the whole 40%. This was the defining moment of his life. He didn’t surrender. The Success story of Paytm It was only his difficult work and related involvements that make him so fruitful today. Things were better when he propelled One97, the parent organization of Paytm. The tests here were identified with the commercial, business, and substance which prompted the possibility of the installment biological system. He didn’t increase any subsidizing on this thought and put $2 million himself in demonstrating it to the individuals about his game. The organization developed when it offered an incentive to its clients as far as web wallet administrations, 24 x 7 client care administrations which made trust among the individuals. The quick reaction to the client protests made up builds the organization better. The thought required trust which Vijay, at last, won coming up available. Today the four, Vijay, Alibaba, Alipay, and SAIF own a million-dollar organization. The cooperation paid off. The narrative of Vijay Shekhar Sharma demonstrates how energy and difficult work can get you to unlimited open doors life. He stays to be a tremendous motivation for the future hopeful business visionaries today. The capacity of business visionaries to make dependable effect originates from mental fortitude, conviction, and motivation. Also, the business person’s effect is for the network and the world on the loose. Business visionaries are change-creators, prodded by the journey to consistently improve something. Vijay’s story is confirmation of that.
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VINAYAK GROUP Joys of Living Avishek Singh | Business Connect
Real estate has widely played an important role in the economic development of the country. The sphere has shown a very sustainable growth and has been very instrumental in developing cities. Throughout the last two decades, Real-estate companies have designed many Metros with state-of-the-art constructions, brought happiness in the life of many families by building their dream homes, etc. Among the many notable names, Vinayak Group stands as a staunch of the Real-estate realm with more than 4 million Sqft. of developments and over 40 residential projects.
AT A BRIEF LOOK
Vinayak Group is one of the well recognised and established real estate developer, with three decades of experience and a significant footing in the heart of West Bengal – Kolkata. Their areas of expertise include acquisition of land, on-time construction and customer friendly pre-to-post sales & service. With a customer-centric business model and a competent track record that shows innovation and quality in its merchandise, the group has proved itself highly reliable and consistent towards catering to their client’s requirements.Their punctuality and efficiency make them a trendsetter in the real estate industry in the city.
VIRTUOUS AND FAITHFULL
UMESH KYAL CO - Chairman
Over the last decade, the city of Kolkata has witnessed many architectural and industrial elevation, which also gave rise to the real estate industry. Many small and mid-sized residential projects had been carried out; however, many didn’t meet client expectations. Many remained incomplete or delayed and in many cases, clients had to suffer deception. Because of these nuisances, many clients’ expectations and investments went in vain. These were the challenges that gave Vinayak Group, an opportunity for building their forte.
‘Under-commit and over-deliver’ this has been the primary motto of Vinayak group. To this date, the company has ensured that every project is completed on time with the promised expectations. Their transparent work ethos and the desire to self-elevate has made them a highly-esteemed brand. Mr. Umesh Kyal, Chairman of Vinayak group says – “These accomplishments haven’t made us complacent; rather, they’ve always inspired us to scale greater heights.”
A NOTE OF THE UPPER ECHELONS
Two brothers, Mr. Balkrishan Kyal and Mr. Umesh Kyal with lots of self belief and a vision to deliver world class projects, laid the foundations of Vinayak Group in 1988. Mr. Umesh Kyal started his career as a real estate investor in the mid-1980s and simultaneously worked on developing small and mid-sized projects in Kolkata and Vishakhapatnam. From there on he has structured 4 million sq. ft. of residential and commercial projects and his company stands as one of the fastest-growing companies in the metro. Having an experience of 3 decades, Mr. Kyal has shown an impeccable performance in structuring innovative deals and mitigating risk factors. The persona is well affiliated with many charitable organizations, govt. authorities and has acquainted great respect within the horizon. The group rose to new heights with the introduction of Rahul Kyal in 2007. Like Mr. Kyal, Rahul is well encompassed with the vision of his family and after taking over the day-to-day operations, the company has scaled new heights and has completed construction of some of the remarkable projects in the city.
THE VOYAGE TO PROGRESS
The chronological growth of Vinayak Group Started from the early 90s. Statistically speaking, in 1993, Vinayak Group expanded www.businessconnectindia.in | Vol. 3 | Issue 1 August 2020 INDIA
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Fast-forwarding to 2018, The Group completed 30 years of its successful journey in the real estate arena. The arrival of 2019 graduated them amongst the forerunners of the real estate arena in Kolkata. Vinayak Group currently accommodates 90+ employees, 4 million sq.ft. of real estate ground under construction in Kolkata and Vishakhapatnam.
GUIDING VALUES AND PRINCIPLES
The trajectory of an organisation’s success is based upon the values and ethos it keeps at its core. Today, Vinayak Group stands with the successful execution of 40 landmark projects and has brought satisfaction and joy into more than 3000 families. As Mr. Kyal said earlier that the work ethos and the insatiable desire to better themselves have been their doctrine of growth. These principles are infused within the atmosphere of Vinayak Group and have been helping them to grow ever since its inception.
FEATHERS IN THE HAT
Throughout the 3 generations of successful business, the company has acquired many accolades that justify its success. Some of the notable mentions are as follows: Their Project “Raintree” has been recognized as the best in Eastern India and has won “Best Residential Project Luxury Segment” at the CNBC Awaaz Real Estate Award 2017-18 (East Zone). The project is also commended as the “Mid Segment Project Of The Year” at the prestigious Realty Plus Excellence Awards, 2018.
RAHUL KYAL
Managing Director its business to Vishakapatnam, where it built the first fully air Conditioned Mall and additionally completed many projects in Northern Kolkata. Within the next seven years, Vinayak Group accomplished 23 projects in Kolkata and Vishakapatnam, which helped them to emerge as one of the most reliable names in the real estate arena.
Their ‘The 102’ project has been honoured with the “Best Budget Residential Project” (above 4 lakh sq.ft) by CREDAI Bengal Realty Awards, 2018. The project has also won the “Amenities Project of The Year” at Golden Brick Awards, 2018, “Certificate of Merit” at the PMAY Awards, 2019 and recently won the Budget Housing Project of the Year at 12th Realty Plus Excellence Awards, 2020.
The next big boon for the company occurred in the year 2007. During, this time Vinayak was recognised amongst the top nine companies in West Bengal that formed an assisted sector organisation with the Bengal Housing Board. Moving ahead, in 2010 the company founded its headquarter in South Kolkata and structured an eventful road with the land acquisition as expertise.
Project “White Meadows” has Scored the “Low-Cost Housing Project Of The Year” presented at 10th Realty Plus Excellence Awards, 2018. In 2019, Vinayak Group has been recognized as the “Emerging Developer of the Year, 2019” by Realty Plus. In 2019, Vinayak Group was recognized as the “Builder of the Year- East” by the CEO Magazine.
ROAD MAP OF FUTURE PROSPECTS
Over the 30 years of business, Vinayak Group has sustained itself among the pioneers of the real-estate business in Kolkata and Vishakhapatnam. In the following years, the company has already planned many dimensions of developments in these two cities. Some of them are mentioned below: • Luxury Residential Project in an upscale neighbourhood of South Kolkata. • A High End luxury project in the one of the most sought after locales of North Kolkata. • High-end Residential project at a luxurious sector of North Kolkata. • Commercial complex in the heart of traditional CBD of Kolkata. • High-end residential project and Business centre cum Shopping complex in the city of Vishakhapatnam. • Budget housing Projects in the southern suburbs of Kolkata. • A premium housing project in Newtown, Kolkata.
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RNI No. : DELENG/2018/76695
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