25 Most Valuable CEO's to Watch in 2021 by Business Connect

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If we categorize corporate structure according to the responsibilities, a CEO unquestionably holds a next-level significance. A CEO is responsible for many things from representing the company, strategizing ops & overseeing implementation, management evaluation, analysing trends & markets, mitigating risks mitigation, adhering to corporate regulations & policies, contributing to social responsibilities and last but not least, ensuring streamlined communication with other board members. Nonetheless, it’s not only qualifications or ability to drive business that makes someone a CEO, but also the ability to inspire and empower others to do so. The marksmanship of a good CEO reflects in their use of hard and soft skills to drive a company’s vision. As the central figure, he ensures every individual on board is at their optimum to devise the best services. And for this, industrial knowledge and transparent communication play an important role. Effective data analysis and monitoring of the market gives an edge over the competition, while proper communication helps understanding concerns and proffer appropriate initiatives. To understand these in-depth, this edition of the Business Connect magazine “25 Most Valuable CEO’s to Watch in 2021”, brings the breakthrough journey of 25 young and seasoned CEOs. Their efforts not only turned the tide of their organisations but also strengthened them amid the ongoing transgressions. This time, we will be pitching in with the inspiring journey of Veronica Gallardo, CEO of Veronica’s Insurance. With a strategic presence in various locations across America, Veronica Gallardo is pushing her efforts to be the Insurance broker of choice and help the masses with their financial impediments. Alongside, she strategically spearheads a sizeable team consisting of diverse talents. And her efforts are showcasing the steep growth of the company. Afterwards, the other 24 stories will cover various verticals, keeping you aware of the industrial know-how. A CEO is the soul of a company. Despite how the industry is changing and radical challenges are emerging, CEOs of various small and large companies answer them through their consistency and dedication. And if you’ve been into our previous editions, you know that well. With that said, I bid farewell! Take Care.

Indranil Roy Indranil@businessconnectindia.in

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25 Most Valuable CEOs to watch in 2021

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VERONICA GALLARDO A Bona-Fide Leader of the Hispanic Insurance Market

Cover Story

Success Story

The Success Story of Sergey brin Google President & Co-Founder

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Divami Design Labs

Steering Divami Design Labs Towards Better Prospects

Ecopack India Paper Cup Pvt. Ltd.

Sushil Gadling: A Leader Of Altruistic Qualities

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What “Traveling in the New Normal” Will Look Like in the Post Pandemic World

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Ajoy Mundkur -The Turnaround Specialist

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Enlightening People on The Power of Financial Markets

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A Preferred Partner of Choice For Business & Management Consulting

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Is Pfizer’s 95% effective COVID -19 new drug the first-ever genuine ray of hope?

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5 Indian Data-Driven Agritech Startups You Should Watch in 2021

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Manish Mishra- A Driving Force For Profitability

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PiLog Group Staying Ahead of Its Time

Sona Mandhira Pvt. Ltd.

Amidst the covid crisis, Mandhira Kapur carved her steady success Just like her father, Late Dr. Surinder Kapur

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VERONICA GALLARDO

A Bona-Fide Leader of the Hispanic Insurance Market COVER STORY

Indranil Roy | Business Connect

ender diversity in the business sphere is growing stronger every day, leading to the increasing participation of women in every echelon of an organisation. And not to mention, it’s imparting significantly positive impacts in operations and work culture. Studies have proved that women inclusion in the workplace, especially in leadership positions, have led to structural reform and stirred the potential of a workforce. Latin America and the Caribbean, along with Europe, have witnessed the highest proportion of women in management roles. In Latin and the Caribbean, women have surpassed men in academia and senior management in the professional space. Furthermore, many women are managing the highest positions, and many more are spearheading their own venture. Such scenarios predict a positive conclusion for these regions, as they appear to be on their way to becoming the top regions in women empowerment. Initiatives are taken to challenge the arising gender stereotypes and corporate cultures that disembarks women. More and more women are converging to strategic business areas and are inspiring others to break the glass ceiling and rise. Companies are working to promote and capitalize on women’s talent to ensure they find equal opportunities, career development and promotion.

“

It fills me with great pride to see several insurance agents grow into valuable leaders in the Company VERONCA GALLARDO CEO

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”

Looking back at the last decade, the Latin American region has birthed several women entrepreneurs who aren’t just leading their domains but driving change for the community at large. A leader of such biblical qualities is Veronica Gallardo, CEO of Veronica’s Insurance. Setting her sails in 2008, Veronica Gallardo has grown with the changing tides of the Insurance Industry, which helped her make Veronica’s Insurance a leader of its arena. She has grown to become more than just a business leader - she is a change bringer and a key social contributor for the Latin American community. SHAPING A WORTHWHILE FOUNDATION A person inspiring people and collaborating with them to create a blissful ecosystem is a blessing for the community. Veronica Gallardo ideated her insurance franchise to offer the community fast and reliable insurances at a favourable price. And her idea has sprouted in biblical proportions! Along with sound solutions, the customer service comes in the language that the client speaks (English, Spanish); and recently, it also included sign language seeing the strong need for its inclusion. The centric mindset has rewarded with sustainable relationships bringing client’s family and friends as well. The entire functioning, however, is not overseen by Veronica alone. She shares the helm with Raul Dominguez - An entrepreneur of the digital arena, and Veronica’s COO. His strong base in technology has helped the Company blend innovation with ideas and maintain a strong foothold in the Insurance sector. Incorporated with the latest infrastructures, her venture maintains a transparent channel with all the dept., and every echelon. The teams spent quantifiable time with clients, explaining to them - the policies and their benefits and ensuring the policy suits their needs. Veronica Gallardo asserts,

“We are guided by a common etho, no matter our position: provide the best customer service at the most affordable prices.” Implementing sign language further opened employment, and now they have agents specialising in the domain.

A PEEK AT VERONICA’S INSURANCE Veronica’ Insurance is one of the fastest-growing Hispanic Insurance Company with a pioneering presence across the USA. Found in Norco, CA, it offers sophisticated insurances while enlightening the community about the same. The low penetration in the Latin insurance sector often exposes the gaps in information and lack of a favourable language. The constant effort to successfully change this scenario raises the bar of excellence for Veronica’s Insurance. It is a multilinguistic Insurance Company that serves clients in their language, www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

helping them understand the policies and be aware of terms and benefits. In addition, Veronica’s Insurance is well-accustomed to trends. Along with customized insurances, it offers 24/7 on-call assistance, Chatbot, instant messaging service, and much more, making Veronica’s Insurance a credible name in the market. Its portfolio covers all the essentials of a person, including Vehicles, Life, Home, Businesses, Tenant and even significant asset as a Boat. Where other’s insurance premiums rise over time, Veronica’s Insurance keeps its rates low and focuses more on creating relationships. It is one of the top 3 brokers in CA, with more than $120 M turnover in premiums and established in more than 100 locations in the USA.

the underlying infrastructure used to manage operations, deliver solutions, and the regulatory parameters change continuously. Insurance companies are investing heavily in R&D to automate workflow and maintain the required quality amid these rapid transformations. To grow and build in the scenario, Veronica’s Insurance constantly pursues opportunities in innovation. Amending to trends and technology, it has optimized workflow, strengthened communication channels and even create quotes in less than five minutes. Technology helps them be at the top of their game. Besides technology, the Company listens closely to client concerns to understand their needs and implement them in product development.

While the philosophy of insurance hasn’t changed much through time,

With innovations shaping the sustenance of companies, it is necessary to stay one step ahead. The world has witnessed a stirring transition since the advent of COVID-19 in the economy, behaviour

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WELL RESEARCHED AND INFRASTRUCTURED

and expectations from consumers and employees, etc. Fortunately, Veronica’s Insurance had already adopted digitization prior to the pandemic, allowing it to devise more effective communication and outreach strategies. Investing in virtual solutions keeps them steadfast amid the mayhem and abreast of customer’s changing needs. AN AESTHETIC CULTURE OF GROWTH Just as employees are the mirrors of any company, leaders are the change bringers who drives its difference with the period. Nonetheless, the definition of leadership has changed with time. More than ever, leaders need to treat their workforce as a family to rise above the competition. And they should lead by example, know their resources first-hand and be flexible with changes and challenges. Growing Y-O-Y for the last 25 years with several milestones on the way is a profound example of

We believe that this is the best way to grow: know and listen to your customers and employees that can make huge a difference SAYS RAUL DOMINGUEZ, COO VERONICA’S INSURANCE

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

Veronica Gallardo’s leadership. At the outset, she envisaged building the most majestic workplace for her community, and it’s evident her dream is sprouting. Her dignified leadership has propelled the livelihood of 200+ families. Under her stewardship, many employees who started at the beginning are now regional managers in the Company. The team has bested many storms that came upfront, like the pandemic. Despite the chaos, the teamwork fostered the opening of several branches and further plans for more. SAILING THROUGH THE CHALLENGE OF THE ERA Creating a difference amid chaos and despair symbolizes the fortitude of a leader. When the pandemic struck, it indicated that the business sector needed a contingency plan to counter the situation, including health concerns. And the consequences required leaders to be proactive. Studies reveal that due to health concerns, people are seeking reliable health insurance products. Furthermore, With the avalanche of unemployment, people are preaching for dime-a-dozen products. In such a scenario, insurance companies investing in advertising and product

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

development will attract more audience. While the income rate has downsized, people still value the need for protection hence, favouring Insurance. Companies need to empower the community through comprehensive knowledge. Parallelly, the scenario has stirred digitization. With social distancing still present, digital channels have proven to be a cost-effective means of connecting with policyholders and boosting productivity. Despite being affected by COVID-19, the period gave Veronica’s Insurance an opportunity to prioritize and reconnect with what matters most. Within a year of the pandemic, the Insurance Market in Latinos changed how health insurance was perceived.

The Community is interested in learning more about the benefits of these products, which expands opportunities for Veronica’s Insurance to assist them. WIDELY CONTRIBUTING TO BUSINESS AND COMMUNITY Veronica Gallardo began her journey on the idea of empowering and contributing to her community. To help people in the aftermath and recovery period, the Company donates food, drinks, and essential items to the underprivileged. Furthermore, they also distribute goodies and contribute to Christmas celebrations for lowincome families.

Staying abreast of the core vision, the Company has spearheaded the Hispanic Insurance Market by building trustworthy relationships. The Company has created huge waves since 2019. As mentioned before, it has expanded to 90 locations in California and opened franchises in Florida and Colorado. Veronica’s Insurance is growing as a recession-proof business, a backbone for the community, and a preferable prospect for entrepreneurs. It’s inviting aspirants to join them in starting a new business, as Veronica’s Insurance guarantees a successful and steady journey for all.

A THOUGHTFUL MEMENTO “You are closer to your success than you think, so do not give up. Everything is difficult until it is done. And watching your brand expand across states is an unexplainable feeling. I think the secret is to love your company so much that other people fall in love with it just like you. Helping others fulfil their dreams of launching a business by helping them, guiding them and watching them grow is simply wonderful.”

Veronica Gallardo THE ROADS TO TRAVEL Growing in a consistent pattern, Veronica’s Insurance aims to step up its game and flourish into more topographies. In the next few months, it’ll be opening 10 more franchises in Florida. “We are very excited about this great leap from California to Florida”, remarks Veronica Gallardo in a joyous tone. They have already inaugurated two locations and had an incredible response, which sets the pitch for a drooling success.

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Success Story

The Success Story of

Sergey Brin

Google President & Co-founder

“I was lucky to be able to attend Stanford, and I was particularly interested in data mining, which entails analyzing vast volumes of data to uncover patterns and trends.” Sergey Brin

SERGEY BRIN

Google President & Co-founder

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They were intellectual rivals but best friends, and their opposing views on knowledge quickly gained traction, resulting in one of the world’s most successful ventures. They started working on what would become one of the world’s most famous and informative websites in their dormitory.

Sergey Mikhaylovich Brin is a perfect example of the classic immigrant success story in world history, rising from modest beginnings in the Soviet Union to the pinnacle of greatest online success. Sergey Brin’s, Google’s cofounder, now on the board of directors and a majority shareholder of Alphabet Inc., net worth as of today is more than US $ 100 Billion.

Entrepreneurial Journey

Early Life and Family

•

He was born on August 21, 1973, into a strict soviet minority republic, where he spent his childhood. Brin’s father, Dr. Michael Brin, a mathematician who is now retired from the University of Maryland’s Department of Mathematics, wanted to be an astronomer but had to give up his dream due to the country’s anti-Semitic policies. Eugenia Brin, his mother, worked as a scientist at NASA’s Goddard Space Flight Center.

•

Brin’s father realized that his children’s future would be jeopardized if they lived in Russia. After attending a science show in Moscow, he discovered that the west provides enough opportunities for himself and his children to realize their goals. As a result, he took a significant risk by deciding to relocate the family to the United States. He and his family immigrated to America, bringing one of the world’s most talented scientists with them.

• •

In May 2007, Sergey Brin married Anne Wojcicki. In 1996, she graduated from Yale University with a Bachelor of Science in Biology. Anne is the CEO and co-founder of 23andMe, a genomics company that was funded by Google in 2007 for $3.9 million. Before the wedding, the pair had known each other for about 8 years. Benji Wojin (a combination of “Wojcicki” and “Brin”), their son, was born in December 2008, and a daughter was born in early 2012. They divorced on August 28, 2013, and they are still legally married even though they no longer live together. According to a spokeswoman, Brin and Wojcicki are good friends and partners.

• •

Academic Life School Years Sergey first went to the Mishkan Torah Hebrew School. Later, he was transferred to Paint Branch Montessori School in Adelphi, Maryland, for elementary school. Eleanor Roosevelt High School in Greenbelt, Maryland, was his alma mater. Brin showed great potential during his teen years in the United States, earning a Bachelor of Science degree in Computer Science and Mathematics from university.

• •

2019: In December 2019, Sergey Brin stepped down as President of Alphabet. 2015: Brin and Page announced the establishment of “Alphabet” as a new parent company in August. Page was appointed the new company’s CEO. Google, Android, Chrome, Google+, and YouTube were all part of the business. Sergey Brin was the Director of Special Projects at Google X, the company’s secretive division that works on high-risk projects like Google Glass, airborne wind turbines, and smart contact lenses. 2005: Google Maps, a web mapping service co-founded by Jens Eilstrup Rasmussen and Lars Rasmussen, was launched by Brin and Page. 2004: With $85 per stock, Google joined the IPO market with its shares on NASDAQ (GOOG). The price per share rose to about $300 in 2005. A stock price reached $600 in 2007. Brin and Page became billionaires after attracting more than $3 billion in cash for the venture. 2001: Sergey Brin was appointed to the role of President of Technology. In Japan, Brin and Page founded their first foreign office. 1999: Brin and Page were able to persuade two rival venture capital companies, Sequoia Capital and Kleiner Perkins Caufield & Byers, to finance Google, resulting in a $25 million investment. 1998: On September 15, the project was renamed Google. Brin was elevated to the position of President. 1996-1998: Brin and Page agreed to form a company out of their idea. The pair borrowed money from family and friends to buy servers and rent a popular garage in Menlo Park, California, similar to Apple’s and Amazon’s. The room was owned by Susan Wojcicki, who later became a Google senior vice president and is now the CEO of YouTube. Andy Bechtolsheim, a co-founder of Sun Microsystems, provided funding for this venture by writing a $100,000 check. 1996: For a few months, the pair worked on “Black Rub,” a search engine that ran on Stanford’s google.stanford.edu servers. 1995: During his Ph.D., Sergey Brin collaborated with Page on search engine algorithm studies.

Stanford University

Awards and Recognition

He then went on to Stanford University to pursue a PhD, which he placed on hold when he established Google later in life. He wrote and co-wrote a variety of papers on methods for extracting knowledge from unstructured sources and retrieving information from vast collections of texts and scientific evidence. He also created tools to translate experimental work created with the TeX word processor into HTML format. He met Larry Page, a student who was “equally as irritating as himself” during that period.

• 2021: Secured 9th position in the Forbes list of “Billionaires 2021”. • 2009: Brin and Page were the 5th most powerful people in the world. • 2004: Brin and Page received Marconi Prize. • 2002: Brin and Page were named in the MIT technology review TR100 for being the top 100 investors. Final Thoughts

They were often at odds over definitions and theories, and they often took opposite sides in debates.

Sergey Brin’s tale exemplifies how scientific talent, imaginative exploration, bravery, experiments, and groundbreaking ideas can help people achieve the American dream.

Their various ideas on knowledge rapidly gained traction, culminating in one of the most successful ventures in history. 19

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

CEOs

OF THE YEAR 2021

PRATHIMA INOLU Steering Divami Design Labs towards better prospects kajal Dobhal | Business Connect

or this exclusive success story, our team sat down for a freewheeling conversation with the Chief Designer & Executive Director of Divami Design Labs— Prathima Inolu. This elegant read consists of her exemplary business insights, leadership style and much more, which make it a perfect addition for our brand-new edition featuring some influential C-suite executives.

EXEMPLARY LEADERSHIP STYLE

Prathima Inolu has always been known for her influential persona where her key leadership style stands firm on the pillars of effective delegation and communication. Her values have always propelled her to lead the teams by encouraging open communication, delegating tasks, and finding the strengths in each other and utilising those for the company’s end- goal.

“

“I strive to create a team effort that creates an unexpected result by giving each person a chance to do what they’re best at,” described the luminary. Also, fostering leadership at every level of the organisation, she very- well enjoys staying involved in motivating her team and brainstorming to rekindle the imaginative as well as creative flames. As the management has established a flat organisational structure at the workstation, every employee is encouraged to express their views, take initiatives and offer solutions regardless of their seniority and experience. They leave no stone unturned to stimulate leadership qualities in their employees by granting them opportunities out of their comfort zone, under the stewardship of Prathima.

COMPANY OVERVIEW

Divami Design Labs began its journey as a software company when UX UI wasn’t a popular concept. But by discovering some significant gaps across the industry that were needed to be addressed, their core focus shifted to design and development. Today, with utmost dedication and determination, Divami Design Labs has attained the stature of being one of the top 3 UX UI Design firms in India, with its diverse clientele across the world from different industrial domains. The company is a UX UI Design Agency that provides relevant services to Technology Software Products, B2B Saas Platforms, Enterprise Digital Transformation Projects, Consumer Applications, and eCommerce Marketplaces. It is also fixated on complementing its Design Services with design- led UI & Mobile App development services across its targeted markets such as the US, India, and Europe. www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

PRATHIMA INOLU

Chief Designer & Executive Director ABOUT THE MISSION

Divami Design Labs was incepted in 2008, to address the major industrial gaps by delivering products with great user experience. Prathima Inolu conveys that her adept team aspires to build the company’s repute as a top-rated Design Studio and also be well-recognized as the No.1 player in this space. Indeed, they have become one of the leading UX UI Design Agencies at the global level, but there is a long way to go and become an absolute service provider, asserts the leading lady.

THE USPS

For Divami Design Labs, clients, as well as employees, have been instrumental in its phenomenal journey of 12 years, thus far. It stands firm on the concept that apart from communicating the value proposition to the clients, making employees aware of the company’s vision, values and strategies is equally imperative. From adopting a culture of transparency to accepting the constructive feedbacks, they strain every nerve to resonate with the above premise.

Alongside this, strategic communication has been a vital part of their agenda where the management ensures a regular reminder about the vision and the idea to the workforce and aligns their energies towards a common objective.

“

When asked about how is the company adding substance with its offerings to the respective industry,

Prathima replied, “We comprehend the challenges of the design fraternity pretty well and contribute significantly by conducting design workshops, training young designers, and building a stronger design community. We have also been actively participating in building an ecosystem by working very closely with other design agencies.”

Moreover, their user-centric approach, persistent efforts to perform methodical user research, and ‘know-how’ to understand the user’s needs, behaviors, and pain points have proven forte in the niche market, rendering a personalised experience the targeted audience. With their acumen of the differences and nuances between designing Tech- Software Products, B2B Saas Platforms, Enterprise Digital Platforms, and Consumer Apps, they can adapt their design strategy as per the platform’s demandsrm. Additionally, for a challenge that is witnessed by several organizations, i.e. transforming designs into functional screens without losing the spirit of the designs, Divami’s development team comes to the aid by delivering pixelperfect screen that resolute with the the client’s aspired product.

ahead of the game. By being in sync with their clients hailing from a variety of industries, they acknowledged the changes in thought processes and formulated best practices, learn from those and made suitable adjustments to ameliorate their products and services.

THE PROMINENCE OF R&D

Prathima elucidates that R&D is instrumental for their future growth as well to be perfectly aligned with the upcoming market demands. Owing to this aspect only, they have strategized to develop an extraordinary salesforce platforms leveraged with AR/VR and AI that will prove to be a catalyst in expanding their footprints even further.

WHAT KIND OF WORK CULTURE THRIVES HERE?

Divami Design Labs is a service agency that is functional across different industries as well as geographies, ergo, the work culture is quite flexible here. The workforce adjusts its schedules and work style as per the necessities, either of the client or the project. While being in harmony with the organisation’s core values, the teams make sure to do justice to their clients’ trust by making the best out of their precious assets entrusted by them to team Divami. For this, they diligently deliver their clients with exceptional values above and beyond their expectations. And, client appreciation as well as client retention are their rewards for the committed services.

GLIMPSES OF THE ACHIEVEMENTS

The phenomenal journey of Divami Design Labs has grabbed eyeballs across the business fraternity. Therefore, it has been recognized by eminent media houses as well as mega publications for its exclusive services as one among the top UX UI Design firms in India. The company has been rewarded for its Design Excellence by the Confederation of Indian Industry.

“

“Apart from these, many reputed publications have identified us as the top UX firm. Clutch.co - the world’s leading rating and review provider of IT, marketing, and business services companies have ranked us in their top 10 global UX Agencies and we hold the number one spot in India,” claims Prathima, regarding the company’s attainments thus far. FORESEEING EXPONENTIAL GROWTH AHEAD

As per Prathima, they are in a constant process of evolution, be it internally and externally. For the upcoming years, they have planned to multiply the clientele by 2 times while adapting the market trends to be substantive to the future demands. Also, they will be incorporating innovations like AR/VR, MR, Speech & Conversational UI, and wearables to add more substance to their targeted industry. And apart from these, they have also envisioned brighter prospects by proliferating their presence in the Salesforce ecosystem, concluded Prathima.

A UNIQUE BUSINESS MODEL

Divami Designs Labs thrives on true partnerships with its end-customers apart from its vendor-client relationships. Prathima asserts that alongside offering UX UI designs to the clients, they also become their strategic advisors throughout their journey and make sure of an ingrained involvement in their future initiatives, owing to their firm ideology that long-term relationships are lucrative when compared to individual project delivery. For the company’s thumping success, Prathima claims their clients have been the foremost inspiration to them for staying 21

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Rakesh Agarwal

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Dr Mangesh Virkar

NABH CONSLTANT

Veronica’s Insurance Franchise LLC

VERONCA GALLARDO & RAUL DOMINGUEZ

CEO & COO

Wishgames11 Pvt. Ltd.

Deb Mukherjee

Founder & CEO

Wisdom Capital

Deb Mukherjee

Founder, Director & CEO

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

CEOs

OF THE YEAR 2021

Indranil Roy | Business Connect SUSHIL GADLING: A LEADER OF ALTRUISTIC QUALITIES With the scenic transformations in the industry, the business goals have had a paradigm shift. More than revenue, expansion or other organic & inorganic growth, business leaders are focusing on green development, climate change and other emerging narratives. And it’s proven that resolving environmental issues brings better value to the business, makes it embellishing and expands the client base too. Over the last decade, the notion has driven a credible number of CEOs around the globe. And their work is unequivocally praised in the industrial sphere. Mr Sushil Gadling, a veteran corporate leader, is a viable example. As the CEO of Ecopack India, he is fostering value to environmental concerns in India through eco-friendly paper containers and baking moulds. Ecopack is one of the seasoned brands in bio-degradable baking moulds and containers, commanding a stellar presence in Europe, the Middle East, Asia, Australia, the United States and South America. Ecopack India is one of its numerous subsidiaries upholding the core vision to create eco-friendly solutions for the world.

SUSHIL GADLING CEO

HISTORY OF ECOPACK The story of Ecopack started in 1939 in Turin, a city acclaimed for its refined architecture and cuisine. Here, Salvatore Ferri and Eros Pozzo - two individuals passionate about environment, ideated a firm that produces eco-friendly and biodegradable alternatives to plastic containers. And Ecopack was brought to light. Although environment wasn’t a major concern back then, Ecopack proactively worked on its core mission. And, even went on to file a patent for Paper shells for cakes and bakeries. Over the next several decades, the Company made distinct transformations and replaced a wide variety of plastic moulds. As of now, Ecopack is a global magnate and leads the market in recyclable baking moulds. Growing and building with trends, it has created a versatile portfolio. It has introduced many flagships, like the Cocoa Paper line, Vivid Plumpy Baking Moulds, etc. Recently, it launched the Savory Line, which is a plastic-free alternative designed for salty dishes. The Company has 800+ products in its dossier, all ensuring a stellar quality. Along with products, Ecopack has revolutionized the process behind the curtains. Recently, it commissioned a latest technology in printing - the latest technological achievement in the field of Muffin Cup packing. In 2011, Ecopack established its subsidiary in India, and it’s playing an integral role in promoting the use of recyclable baking moulds in the Sub-Continent.

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the environment, Ecopack India’s R&D revolves around experimenting with innovation and raw materials. The Company incorporates a series of technology to work with various types of paper, inks, textures, adhesives, and other materials to curate products - that are industry-specific, uses fewer materials, are eco-friendly, and are safe to use in the HORECA segment.

DRIVEN BY A PROFOUND VISION

“Those who have the privilege to know have the duty to act.”

Albert Einstein The CEO has a long history in the packaging and container industry, and is well-seasoned in negotiations and sales. He has over a decade of industrial experience and has a great corporate reputation. Growing with the tenures, Sushil witnessed the nightmarish impacts of non-biodegradable products on the environment and climate. And having the capability and will to do what’s necessary, he couldn’t stand back.

Such characteristics separate Ecopack India from the crowd. All of the goods are made entirely of renewable materials and are 100% biodegradable. The raw materials (paper, glues, ink) comply with International Standards and are BRC Packaging Certified. The paper for the moulds is supplied by Ecopack SPA and sourced from FSC certified forests. Ecopack India’s moulds include Plumpy Mould, Paper Cup, Round cake Mould, Plumcake Mould and Muffin Mould.

This brought him to the doors of Ecopack India. The Company had an altruistic vision and provided Sushil with the appropriate platform for his interests to unfold. From there, Sushil’s career took a new turn. Laced with a burning responsibility, he has been instrumental in developing and democratizing Paper Bags in India. And his enthusiasm and performance evolved him from a Marketing Manager to COO and then to CEO. Besides operational intelligence, Sushil carries an acute interest in advancements.

A CULTURE OF HARMONY AND VISION Although R&D and innovations are the two pillars of growth at any company, at the end of the day it comes down to employees who work on them. Ecopack India has a large employee base who share a common passion and commitment towards creating a prosperous future. Sushil’s years of leadership plays an integral in this. Under his stewardship, Ecopack India has created a diverse culture, where every man and woman in every echelon share equal respect. Such a culture ensures long term tenures and proves the Company’s focus on overall sustainability.

Under his stewardship, Ecopack India not only improved its portfolio but brought in technologies for smoother and faster functioning. The fine blend of leadership with technology and ideas helps Ecopack India mitigate the environmental impacts along the supply chain.

Furthermore, employees get to work on a futuristic infrastructure and bring up ideas that can drive new product lines. Its state-of-the-art facility at Talegaon Dabhade, Pune, houses a range of packaging solutions that exemplifies its International standard. The passion and innovation help Ecopack India place itself amongst the leaders. The robust in-house resources help the Company meet customer’s individual needs and illustrates the overall excellence of the Ecopack Group.

RESEARCH-DRIVEN BUSINESS MODEL Ecopack India’s innovative portfolio is the work of nearly a century of R&D. The industrial space has gone through significant transformations bringing forth abundant opportunities and challenges. As Sushil says, “R&D is a landmark of our work,” Ecopack India’s R&D reflects upon its culture of innovation. All its product lines are tailored to criteria and different segments. With eyes on 25

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

Tourism

What “Traveling in the New Normal”

WILL LOOK LIKE IN THE POST PANDEMIC WORLD If you are a travel enthusiast, you must gear up for new ways of planning a trip and going to a destination a few days ahead, post the pandemic lockdown. Here, we will be sharing some insights on the new travel norms, which you may see in the future. Let’s remember how we were travelling, A mad dash for tickets, in bub and bar crawling with people, unplanned sudden trips, interacting with new strangers and hugging and handshaking hands, printouts of boarding passes, and squatting on passes. These were the days, unfortunately, it will no longer be.

Business or Tourism There are always two types of travellers, one who travels for business purposes and the other for holiday purposes. Obviously, neither kind can head out easily now. Since the pandemic is a global phenomenon these days, there is no safe place on earth. Plans have been put on hold and passports are tucked away in drawers. Even the corporate world is desirably avoiding the champagne and caviar-laden, business-class travel for the cosy confines of their own homes on Zoom. They are saving on costs but adding to the despair of Arline’s and hotels alike. For many giant multinational companies, executives must travel but the majority are getting their work done online now. The mammoth deal, multi-country workshops, mergers, and exchanges of know-how are all finishing on the internet. The jet-setting life isn’t an option at all.

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THE FEAR FACTOR

As per our second wave, fear of the virus is not going away for a long time. People will always be anxious about their safety. It means protective measures will become standard everywhere.

PLANNING WILL BE KEY

Travellers will be cautious in the days ahead. They will have to plan weeks or even months in advance, before setting off on a trip. Initially, you have to get documents that prove you don’t have Coronavirus, this will be your first hurdle. Getting a destination visa and accounting for forced quarantines will mean extended stays. Most holidays involve children, it means travellers will need extensive planning.

TECHNOLOGY TO THE RESCUES

Obviously, masks, sanitiser and gloves will be mandatory everywhere, and we all have to wear them until the whole world gets fully vaccinated, and cannot forget social distancing as a strict norm. However, the airport and hotel will go further. Thermal scan, temperature recordings, facial and heartbeat analysis, all these will become part of the new normal. From airport to hotel, they will have their own sanitization protocols. Quick test detection of Covid-19 technology may also be introduced very soon that doesn’t require a laboratory or a machine for processing. Come to think of it, if we have to live with this virus for a while, I do not see any point in halting my backpacking trips or even urban vacation with a dollop of caution and strict obedience to rules.

DIGITAL AND ONLINE

Touching surfaces or anything could be risky, so it is imperative to stay away from the idea of exchanging physical printouts. All documents will go online. A database will be updated with new features so that you don’t have to wait for a long time. QR Codes, the mobile scan will be facilitating the process. Baggage scans and UV cleansing is going to be standard. The purpose is to offer complete hygiene, bug-free environment at the airport and on the flight.

THE NEW TRAVEL NORMAL

Every time requires a hose down with a sanitiser, it makes us clear that it will take time for the tourism industry to return to normal. Without using the middle seat, social distancing will be followed (that’s great though). All the process is going to be done online on our mobile, such as prearranged transport, finding out the details of hygiene areas to eat and rest and a willingness to adapt to these new measures. In some ways, we can say it will be cooler, smoother, and less chaotic to travel in the future.

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CEOs

OF THE YEAR 2021

enxcl

Business Solutions A Preferred Partner of Choice For Business and Management Consulting kajal Dobhal | Business Connect to deliver enxcl’s vision. Moreover, for ameliorating their services as well as strategies, he always pays immense focus on feedback and opinions of the clients.

Giving back to the society was the prime motive behind the establishment of enxcl Business Solutions Pvt. Ltd. by its Founder-CEO— Santhosh Udayanan. He brought his extensive knowledge and experience from the corporate world to define a roadmap to enrich start-ups, scale-ups and budding professionals. His insightful outlook and vast experience helped establish a consulting and training organization, for which the seed was sown seven years ago. He brought adept professionals with similar outlook on-board to build an ardent team with a considerable amount of industry experience. With this business venture, he aspires to design, drive and accelerate the growth of emerging enterprises as well as professionals. As we sat down for a freewheeling discussion with the Founder, our team came across several noteworthy business insights that resulted in this inspirational read.

“I make sure that the intra-group communications within a business line remains vibrant , along with ensuring that the strategic and common corporate communication remains a regular part of my agenda,” affirms The Founder THE DIFFERENTIATING FACTOR

According to Santhosh, they have attained a stature of being the master of consulting, leveraging their subject-master expertise. They are primarily fixated on delivering value and results. Putting a sheer emphasize on action over planning, they keep delivering excellent solutions with effectiveness as well as transparency to sync with their client’s expectations. Indeed, best-in-class solutions and enhanced business growth is the foremost mantra for their client’s success.

OUTLINING THE BUSINESS PORTFOLIO

enxcl Business Solutions has become a well-reckoned business and management consulting enterprise that is on an exclusive mission to enhance the excellence of IT-organizations, professionals, and aspirants via its matchless consulting as well as mentoring.

Furthermore, enxcl has ensured an assemblage of first-rate talent heads who are enriched with technical, process and management expertise, across major industry segments globally. This talent pool can effortlessly accelerate a business’s journey alongside bringing affirmative transformation within professionals. Here, each consultant possesses decades of industry experience and proven at prominent MNCs across the globe.

“We wish to become a catalyst for business as well as professional growth of our clientele,” states The Founder. Driven by a forward looking thought leadership, enxcl has been delivering Quality IT solutions, leveraging over two hundred years of leadership experience. All of the senior executives at the company have served many MNCs at leadership positions across airline, telecom, manufacturing and BFSI domains.

THE VALUE ADDITIVE PROPOSITION

No doubt, their unequalled services add significant value to client’s business in the most sophisticated manner. On that note, their value additive proposition is based on —e-A S T O, the proprietary consulting and transformation framework, expanded as “enxcl’s Assess – Strategize – Transform – Optimize”. With e-ASTO, team enxcl has been delivering optimal and efficient processes to the clients in need. This approach includes the

Santhosh Udayanan has been an avid believer of the two-way flow of communication which is the most effortless manner to keep the spirits of the employees high and keep them motivated www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

The entire enxcl is a big family and every enxclian takes immense pride in representing their brand. Transparency and collaborative structures are the cornerstones of their culture that played pivotal part in their success. Additionally, the management never hesitates to ensure celebrations, rewards and recognitions quarterly as well as annually.

GLIMPSES OF MILESTONES AND ACHIEVEMENTS

Santhosh Udayanan | Founder & CEO industry best practices from— Lean, Agile, Six Sigma, Disciplined Agile and organization change management that bestows them with a leading edge in the market.

SYNERGY WITH R&D

The company ensures a holistic investment in R&D while being in harmony with the industry best practices. With their thorough research in the relevant space, they have been able to develop apposite tools and technique to bring relevance and substance to their clientele. Santhosh gives credence to their R&D for the exponential growth thus far.

LEADERSHIP FOSTERING ‘LEADERSHIP’ AT EVERY LEVEL

A firm believer of participative leadership, Santhosh empowers each of his vertical heads by stimulating the drive of ownership while encouraging them for seamless decision making. He has percolated this thought down his leadership hierarchy. Under his leadership, there is no rigid organizational hierarchy and the workforce is granted with a cordial work environment to make effortless discussions over innovative ideas..

Addressing his leadership style, Santhosh claims, “Empowerment and delegation is what I strive for that fosters leadership at every level in my company. The empowered teams work together better to evolve their way of working relevant to the context. A CULTURE STIMULATING DEVELOPMENT

The company has always nurtured a culture of growth and development. Via their internal skill assessment framework, they collaboratively carve an exemplary career growth for each resource.. Webinars, seminars, virtual training sessions, workshops, mentoring sessions, etc, are their crucial upskilling initiatives in favour of their workforce. At the workstation, every teammate relishes an ample amount of freedom to chart his growth, and bring out enhanced growth plans. 29

Scaling the heights of exemplary success, enxcl has only grown in leaps and bounds in its journey thus far. Its entrepreneurial journey has witnessed marvellous growth while crossing some major milestones. On that note, a few of the considerable mentions have been enlisted below by our team• enxcl has got over 25 partners and clients in the last 18 months. • The company has been recognized as well as rewarded as Top 10 Agile consultants by CIOReview India for the year 2021. • So far, the company has offered around 30,000 hours of consulting and coaching programs. • Successfully conducted multiple daylong technical workshops with hundreds of participants from over 100 IT companies. • Organized Management master classes, each one benefitting over 250 IT professionals. • enxcl has also commenced a program- “enWe” for the unemployed women from the rural areas of Kerala, empowering them to become entrepreneurs.

THE FUTURE OUTLOOKS

Santhosh conveyed that apart from being focussed on empowering the start-ups, they are also converged on providing a sustainable eco system, that will be rich in services ranging from consulting in Business strategy and leadership, to auxiliary services like QA as a Service, Implementation as a Service, Operations as a Services, Product Information Development (PID) as a Service and so on. He fervently added that they are focused on recognizing the gap between academy and industry that propelled them to design programs for colleges and freshers. Utilizing their years of industry experience, they are focussed on empowering the students and be equally dedicated to the academics as well as industrial space. And lastly, he concluded the conversation by stating that they also aspire to become the preferred upskilling partner for corporates, IT aspirants and students.

PARTING WORDS

In the end, Santhosh signed off by providing some valuable tips for the budding entrepreneurs• Look far and wide as there are plenty of opportunities • Understand the needs of the industry and strategize accordingly • Be resilient and drive with passion • Always believe in delivering value and this value will drive the growth of the organization. www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

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MANISH MISHRA

A Driving Force For Profitability Kriti Anand | Business Connect

A SUCCESS STORY

The CEO of Labaid Diagnostics, part of the Labaid Group, Mr. Manish Mishra is an exemplary leader and growth facilitator in the business world. Mr Mishra has an experience of twenty five years, with an unmatched track record and a proven career in conceptualizing & implementing innovative strategies. He has worked in high-profile executive roles in well-established organizations, adding value through his enterprising leadership and rich experience. The core competencies of the visionary leader include Business & Operational Excellence, Business Development & Expansion, International Business Management, Retail Sales Administration, Annual Business Planning/Budgeting, P&L / Revenue Management, Stakeholder / Client Management, Strategic Alliances & Partnerships, Strategic Planning & Execution and Thought Leadership. Mr. Manish Mishra has shown throughout his career adroitness in overcoming complex business challenges and making high stake decisions. He, in his position as a key strategist, has addressed Channels, Retail Chains & OTC, and Institutional, Hospitals and Corporate Sectors. His experience lies in the healthcare sector: the backbone of a nation. His domain of expertise includes Medical Devices (IVD) & Consumables, Pathology, Retail Chain of Pharmacy, Management of Big Hospital Set-Ups, Life Sciences and Chemical, along with Healthcare. Mr. Mishra has an exposure to market dynamics of various countries apart from India and Bangladesh such as SAARC Countries, UAE, KSA, Qatar, Kenya, Nigeria, Algeria, Tunisia, Indonesia, Thailand, Philippines, Vietnam & China. He has delivered outstanding results in terms of business expansion in the highly competitive markets of India. He has shown similar growth trends in the international markets by repeatedly exceeding targets, fueling marketplace presence, and deepening and retaining account bases. Manish Mishra has also endeavoured in his career to build and establish joint ventures or strategic alliances with financial, technology and business partners. An insightful professional with an impressive skill set, Mr. Manish has shown year-on-year success in attaining business growth objectives and optimizing the entire value chain of business for the achievement of the targeted top & bottom-line profitability, turning-around the business and directing it towards growth by managing product mix, cost mix, pricing, adpro and marketing overheads for various geographies entailing thirty-three countries of Asia, Africa and Middle East. www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

medical field. Labaid has equipped itself with modern technologies to offer its patients world-class diagnostics and treatments. Labaid ventures into complete health solutions – from diagnostics to treatment to medical education. It mirrors the Group’s commitment to the well being of patients and to participate in the developing process in the health sector in Bangladesh. ROLES ACROSS CAREER

Mr Mishra has served important positions in various organisations which demanded formulating effective and high-yielding business strategies for business proliferation, restructuring business policies in a region-specific manner, augmenting revenues, exploring different avenues and managing operations for increased profits, and so on. In the course of his career, he has partnered with businesses to increase the company’s footprints, expand market share, and create a management system that would generate sustainable revenue gains. Mr. Mishra has devised several business strategies, defining processes and creating appropriate systems for delegated functioning across the globe. He has been responsible for monitoring the functioning of processes, identifying improvement areas and implementing adequate measures in order to maximize customer satisfaction levels. Throughout his career, Mr. Mishra has been turning around businesses and working to amplify the value of operating units through detailed assessments and strategy implementation that ensured process improvements focused on sales and best practice identification and implementation.

Manish Mishra CEO

Mr. Mishra is presently working as Chief Executive Officer at Labaid Diagnostics, part of the Labaid Group, Dhaka, directing a team of 2000 resources for a business worth 52 million USD.

ABOUT LABAID DIAGNOSTICS His present venture, Labaid Diagnostics is part of the Labaid Group, which incorporates different business sectors like Healthcare, Pharmaceuticals, Education, Real Estate (Properties), and Agro. The Labaid Group under its healthcare establishments runs Labaid Diagnostics Centre, Labaid Cardiac Hospital, and Labaid Specialized Hospital. The Labaid Group is one of the leading organizations in the healthcare sector in Bangladesh. Its motto, “Care First”, takes the patient’s health and comfort in precedence, and is reflected in every step patients go through at Labaid. The organisation reflects the growth of the healthcare sector in the country. The past few years have seen tremendous growth in the healthcare services in the private sector in Bangladesh. The growth has been enhanced by government policy support, emergence of the entrepreneur culture, advancement in medical sciences and the will to keep up with it and with the neighbouring countries, and a flourishing middle class. Patient-oriented service and modern management systems hold the key to success in the booming private health care delivery system in Bangladesh. The care providers at Labaid Group are oriented to support the patients and provide them the best possible comfort. The Group is planning to expand its services to provide doorstep services to its valued patients, and continues to evolve with the transforming innovations in the 33

His job roles have also included establishing SOPs and processes, and implementing modern methodologies to cut down on execution time and make the functioning of the organizations more efficient. He has conducted market forecasting and competitive analysis to determine accurately the organization’s performance levels while simultaneously deducing the needs for the growth of current and additional markets and product categories. He has been administering profit-centric operations along with managing strategic relationships, market analysis & expansion and competency development. Mr Mishra has led several successful deliveries of projects, meeting and even exceeding client expectations through superior deliverables by tracking CSAT Scores, NPS, Profitability, Revenue and Cost Control, and conducting regular audits, reviews and tracking customer feedback. He has also planned and scheduled critical project activities, estimation, and execution, and been the administrator in production, vendor development, purchase functions, and QA/QC functions. Manish Mishra has a number of publications to his name, including Biospectrum, 5th October 2012 (Author: Manish Mishra), Express Pharma, 6th December 2012 (Manish Mishra speaks about companies’ future prospects and its new launches), and “India Is One Of The Strategic Focus Countries And Growing Markets”. A visionary and strategic executive with broad competence in leveraging organizational resources and strengths, people capital, product & service offerings and competitive positioning, Mr. Mishra stands as an example for all budding entrepreneurs. www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

AJOY MUNDKUR THE TURNAROUND SPECIALIST

This is when the Company’s board understood the need for transformation and the need to give the company a professional outlook. In September 2016, they brought in Mr Ajoy Mundkur, a seasoned leader with an extensive background in Sales & Marketing and with prior experience in a Paint MNC. Post his induction into the company, Ajoy took various steps in order to affect the turnaround. The product brand name and company name were changed from Saicoat Paints to the more appealing and marketing friendly Nexon Paints. A New packaging and brand identity was introduced, the brand was appropriately positioned, New Loyalty programs targeting both the dealer and painter were introduced. His advent also onboarded trained professionals to head various departments and Nexon became an environment of empowerment.

Indranil Roy | Business Connect

Ajoy Mundkur | CEO

ooking at the current scenario, transitions have become an inevitable aspect. And it’s not just the pandemic, changes are driven by a lot of things like market dynamics, customer demands, innovative practices, etc. To thrive in this environment, businesses can’t just continue with a status quoist approach; they need to undergo periodic transformations to stay in the game. While the general focus resides on the process, we need to understand the key driver of change in any organisation. CEOs are the harbingers of transformation and evolution. But how do they achieve transformational change? Their roles are influenced by the scope, urgency, and shortcomings of the organisation, as well as the nature of transformation the situation demands. India is home to a good number of ingenious leaders and their efforts and approaches are widely acknowledged in the fraternity. Ajoy Mundkur is a well-known name in the pantheon. He is the genius behind the transformational growth of Nexon Paints, a well-known manufacturer and marketeer of decorative paints in India. His leadership in retrieving Nexon Paints from the abyss and transforming it into one of India’s fastest growing decorative paint companies, qualifies him for inclusion in our upcoming edition. “25 Most Valuable CEO’s in India 2021”.

INCEPTION AND THE TRANSFORMATION

In 1987, Mr Khataram Choudhury started a business in paint retailing through a store in Jubilee Hills in the city of Hyderabad. And within a short period, his store became one of the highest selling stores of ICI paints in the city. Excited by the growth, he entered paint manufacturing and distribution in the year 2008, laying the inception of Saicoat Paints. For the next 4-5 years, the Company showed promising growth, but then due to limitations in terms of technology, management and the lack of a system and process-oriented framework www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

it faced challenging scenarios and there came a time in around 2015-16 when the company’s very survival was at stake.

RE-SOUNDING SOLUTIONS

Nexon has a product portfolio which caters to all 3 segments within the Decorative Paints ambit namely, Water based, Solvent based and Putty & Textures. The Water based portfolio includes Emulsions (both Interior & Exterior), Primers, Distemper and Speciality Emulsions, while the Solvent based portfolio includes Thinners, Metal Primers, KPF, Premium Enamels, and Wood finishes. All of Nexon Paint’s Interior Emulsions (Premium, Mid-Tier and Economy) are infused with a fragrance so your room has a pleasant smell at all times. Care for the Environment is another top priority at Nexon Paints. They have obtained the prestigious Green Pro certification

(which is a guarantee that the product is environment friendly throughout its life cycle) for all their Emulsions and Wall Putty.

“Our guiding mantra is to ensure that our customers get great value for money”, asserts the CEO. Alongside customer satisfaction, Nexon has devised a number of engagement programs to drive the interests of dealers and painters. The dealer engagement program is a loyalty initiative, where dealers can earn benefits depending on their volume and value of purchases. Nexon Paints is currently present only in the Southern Region of India, but still has a strong base of 2000 active dealers in its fold, including 200 “Privilege Dealers” who are entitled to special benefits. On the other hand, for the painters, Nexon has leveraged technology and created the Dhanvarsha app. Painters can download the app and earn points based on the usage of products which in turn translates to rewards which is tracked and monitored through the app. Nexon is connected with over 4000 painters through the app.

A TECHNOLOGICAL TURNAROUND

Nexon has a state-of-the-art production plant in Pashamylaram on the outskirts of Hyderabad where it manufactures its entire range of products. The plant is stacked with advanced equipment and efficient manpower to give every idea the attention it deserves. The confluence of technology and human efforts significantly boosts productivity, and a well-defined maintenance SOP ensure that there are no technical breakdowns and time lags. The tech-empowered model helps benchmark competitive products, identify areas of improvement and synthesize a cost-effective way to deliver the same with better value additions.

WHAT DRIVES THEIR TRANSFORMATION?

At the heart of its business, is the R&D department, which drives its wheels of change. It has a dedicated R&D Lab and with multiple teams working constantly on product and process innovation and enhancement. The products pass through rigorous quality parameters and tests before reaching the end customer. By changing the marketing focus from low value-low margin products to high value-high margin products, the Company has made a significant improvement in its overall profitability.

A CULTURE OF CONSTANT IMPROVEMENT

A company can’t scale new heights if not for an empowered team and work culture. Therefore, Nexon asserts its work culture as one of its key drivers of success. It has an employee-centric ecosystem and this is one of the significant transformations made by Ajoy. Its team consists of qualified professionals who strengthen core functions, like QC, Finance, Sales & Marketing, Factory operations and Supply Chain. The Company Management maintains an open-door policy, where employee concerns if any are given due attention and addressed. Parallelly, it pays avid attention to their performance. Annual planning and periodic review meetings are conducted to monitor the growth and progress and Individual and Team KRAs are set and measured. Good performances are commemorated and rewarded accordingly.

A GROWTH TO CELEBRATE

Nexon’s business revolves around sustainable relationships through the value chain, care for the environment, a professional outlook and its value for money proposition. With the use of technology and its innovative loyalty programmes the company has built a strong network of painters and dealers. The value-added features in its products ensure better customer satisfaction vis a vis competition and customers keep coming back for more. The Company’s growth statistics speaks for itself! From a turnover of Rs. 24 Cr in 2015-16 the company’s revenues have grown to Rs. 67 Cr in 2020-21 which represents a CAGR of 23% over the 5-year period. Its debtor days have come down from 90 to 50 during the same period. Ajoy’s outstanding leadership helped the Company win the “Rising Star of the Paints Industry” which was awarded by IPCA in 2019. In 2021, The Economic Times featured Nexon Paints in “India’s Growth Champions 2021”, naming it as one of India’s fastest growing companies.

TOWARDS A BRIGHTER TOMORROW

Sitting upon 5 years of spectacular success, Nexon aims to achieve a 500 Cr. turnover by 2026-27. This will be achieved through a mix of both organic growth and acquisitions.

A THOUGHTFULL TOKEN TO ASPIRING LEADERS

“Dream big, focus on planning and strategy, hire talented people and empower them, work hard. And always believe - Nothing is Impossible.” Ajoy Mundkur, CEO and Executive Director Nexon Paints 35

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Health

Is Pfizer’s 95% effective COVID-19 new drug the first-ever genuine ray of hope? Pfizer India will provide medicines worth Rs 516.16 Crore inIndia, and it is also in talks with the Indian government about allowing the use of its Covid vaccine in the country. India is on the verge of expanding its “vaccine basket” as the deadly Covid-19 second wave in India has wreaked havoc on major cities such as Delhi, Mumbai,Kolkata,Lucknow, and Pune. Because hospitals and crematoriums are at capacity, funerals are being held in parking lots. Is it too little, too late? Government of India’s newpolicy has paved the way for Pfizer (American Pharmaceutical MNC), Moderna, and Johnson & Johnson Covid-19 vaccines. India already has authorized Russian Sputnik V vaccines, which are being produced in partnering with community pharmaceutical companies. Pfizer, one of the premier biopharmaceutical companies, was one of the elitemanufacturers to seek for an emergency utilization authorization in India in December 2020. At the same time, the Serum Institute of India’s (SII) Covishield [ChAdOx1 nCoV- 19Corona Virus Vaccine (Recombinant)], which is essentially the AstraZeneca vaccine, and India’s indigenous Covaxin had both applied for approvals. The fact that Pfizer’s vaccine must be stored at ultracold temperatures, necessitating the use of a specific cold storage mechanism that was not widely available in India, posed a significant barrier to approval. And so Pfizer withdrew its plan to launch its vaccines in India in February 2021. www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

With the recent Corona (SARS COV2) and its multiple variants attack on the right foot, specifically in major cities of India, Government has been compelled to launch multiple vaccines authorized across many countries, with more likely to follow soon. Although this is an inarguably joyfulannouncement, many people are concerned that vaccines will be developed with obvious haste. Pfizer/BioNTech MNC’s created COVID-19 (SARSCOV2) Vaccinewas the maidenauthorizedvaccines in the “Western economies”.What do we know about it? Is it truly safe, and how does it work? How Pfizer COVID-19 Vaccine works? Pfizer/COVID-19 BioNTech’s vaccine - BNT162b2 - is an mRNA vaccine. It contains mRNA for the SARSCoV-2 surface spike protein, which is protected by a lipid envelope. After the first dose is administered, the cells produce the viral spike protein by the mRNA instructions. The particles, however, are recognized as foreign by the immune system, and the body begins to produce antibodies that specifically recognize the viral spike protein1. To obtain the best possible protection from the vaccine, each person is given two doses 21 days apart. Our immune system is boosted by the second round of vaccinations. This ensures that when the real SARS-CoV-2 virus enters our bodies, our immune system will recognize the pathogen and be able to fight it, effectively protecting COVID-19.

Are mRNA Vaccines safe? While mRNA vaccines have not previously been used, this is not due to any safety concerns. They cannot give someone COVID-19 because they do not use a live virus. Another common misconception is that mRNA can affect our DNA. However, because mRNA does not even reach the cell nucleus, where our DNA is stored, it cannot interact with our DNA and is degraded shortly after the cell produces the spike protein.

use in the U.S. The European Commission granted conditional marketing authorization to the BNT162b2 vaccine on December 21, 2020, making it available to all EU member states under the brand name Comirnaty. U.S., U.K., Singapore, Republic of Costa Rica, Chile, Ecuador and Panama are among the countries that have approved the Pfizer/BioNTech vaccine. Some countries have already begun vaccinating their citizens; while it is too early to assess the vaccine’s effectiveness, it can be stated that the vaccine is generally well-tolerated.If in IndiaPfizer is able to get a quicker clearance and export freedom, it would produce Covid vaccine.

Is the Pfizer/BioNTech vaccine effective and safe? Data from the Phase 3 clinical trial showed that the vaccine was effective in 95 percent of participants who had never been infected with SARS-CoV-2. In the trial, BNT162b2 was generally well-tolerated, with no grave safety risks. A novel Y501N mutation has recently emerged, first identified in the United Kingdom but rapidly spreading throughout the world. It affects the coronavirus spike protein, raising concerns about the efficacy of vaccines designed to recognize the spike protein (such as the Pfizer/ BioNTech vaccine). However, preliminary research indicates that the Pfizer/BioNTech vaccine is capable of neutralizing these mutant versions of the virus.

Drawbacks of Pfizer Vaccine Pfizer Vaccine, also called theCOVID-19 “Western Vaccine”, has some limitations. One example is the strict temperature requirements for shipping and storage, which must be kept at -70°C. Once thawed, it must be diluted and consumed within 6 hours. These unusual vaccine storage conditions complicate the entire vaccination process.

Plans for approval and vaccination The Medicines and Healthcare Products Regulatory Agency in the United Kingdom granted BNT162b2 a temporary authorization for emergency use against COVID-19 on December 2, 2020. It was swiftly followed by conditional authorization in Canada and authorization for emergency

Cost of Pfizer Vaccine Then there’s the price per dose, which is expected to be Rs 2700 in India, which is higher than the price of most competitors’ vaccines. Finally, there is a critical issue with the equitable distribution of the limited number of vaccines available. Nonetheless, with many countries on the verge of healthcare crises as a result of a record surge in COVID-19 cases, it is past time for a well-tested, safe, and effective COVID-19 vaccine. Recently, the launchof combo ofnovel COVID-19vaccines which are effective againstCorona Virus and its mutant variants (double mutant and triple mutant variant), have made the conditions favourable and hopefully very soon in the coming future we may have a superior chance to win overthe COVID-19 epidemic. 37

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

CEOs

OF THE YEAR 2021

PiLog Group Staying Ahead Of Its Time Kriti Anand | Business Connect

The methodologies, processes and solutions offered by PiLog are compliant with international standards for delivering seamless systematic integration of content into various platforms, operational systems, and ERPs such as SAP, S4 HANA, Oracle ERP Cloud, Maximo & MS Dynamics, etc. PiLog has been successful in implementing Master Data Governance solutions in the market, which are pre-tested, pre-configured, well-proven with industry-best practices offerings on premise, cloud & hybrid models. It has the best dictionary in the form of PPO – PiLog Preferred Ontology, which covers the MRO & Services templates industry agnostic over a couple of decades. PiLog’s methodology, processes, tools, algorithms, programs, approach, repositories etc. are governed as per ISO 8000, 22745, 29002, 11179, IEC 60050 (IEV) compliant. PiLog is ISO 8000 certified master data service provider (QMDP Certified) duly supported by ISO 9001:2008, ISO 27001 certified company.

IMAD A. SYED

Chief Executive Officer-Middle East & APA

COMPANY OVERVIEW

A global group of independent companies, PiLog Group was established in 1996 with an aim to forecast and analyse the importance of data and analytics. It specializes in Quality Data and Digital Governance & Analytical solutions supporting multiple data domains in a variety of industries across the globe. PiLog provides state-of-art solutions that are focused on creating a common business language and managing the rules for the creation of high quality, multilingual terminology using Machine Learning, Artificial Intelligence Technologies & Human-Augmented Algorithms. It offers its customers a chance to transform their business digitally. PiLog Group boasts of exclusive technical dictionaries, industrial libraries with content

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

repositories that are a culmination of research, development, and execution over the past twenty years embedded into the platform of PiLog – Data Quality HUB.

PiLog stands as a group of intellectuals known for retrospective analysis and selfreflection that have made its inspiring journey a beacon for organizational growth and evolution. The formidable partnership and collaboration within PiLog has it stand out as an organization. The leadership team enjoys challenges and perceives them as opportunities to excel. PiLog believes in long term investments with people, process and technology. At the heart of PiLog is the will to put customers first. Prioritization of the customer’s needs and solutions runs in the group’s DNA. The efficient partnership at PiLog has been fueling its pace of growth and success for decades. The mission that PiLog has undertaken for 2020 and beyond is to focus on master, meta and transactional data, and business process transformation.

and adaptive Analytical Platform with an ability to integrate and operate on Big Data Platforms with improved user experience. Its Mobility-enabled processes and technology integration reduce the human effort deficiencies and reliability management. PiLog’s Innovation Council, the umbrella for product development, service improvements and customer experience, has led to direct & rotational involvement of product development into services and vice versa, and helped it attain new customers but also expand existing customer base revenue, growing at a whopping rate of 12% YoY.

WORK CULTURE The optimal services provided by the Group include: • End to End Supply Chain Optimization • Optimization of Asset Life Cycle Management • Business partnership Evolution • Seamless Data Migration • Digital Transformation WHAT SETS IT APART

The Data & Analytical industry coupled with digital and process transformation has been very dynamic and challenging for PiLog Group. The key differentiators that add to its uniqueness are industry segmentation and a key focus on Oil & Gas, Telecom, Petrochemicals, Retail, Cement, Airports and Asset-intensive heavy industries, benchmarking the outcome and continual value realization for process improvements with master, meta and analytical controls, a special focus on multi-domain products & services especially on Data Quality HUB, Collaboration Workbench, eSPIR, Vendor / Material linkage, Complex Services, Bill of Materials, ETL etc. compliant to ISO 8000, ISO 14224, etc, the provision of modular services and products on remote, online, real-time models seamless on cloud and on-premise, and an improved customer experience and expectations management with cohesive partnership and engagement models. PiLog has modulated business models to meet market demands against all odds. The key proponents of evolving business models for peers to envy are Modular, Scalable, Adaptable, Interoperable and Single Technology platform (Data Quality HUB) solutions providing high economies of scales in Data and Analytics. PiLog has reinvented the ‘follow the sun’ service delivery model with remote, online, real-time, self-help service delivery. The autonomy of operations for group companies with centralized knowledge management and COE spread across the globe, and incremental investment on technology, innovation and reskilling has gained PiLog a glowing reputation in the industry. PiLog offers modular solutions on Data Governance, Harmonization, ETL, Predictive Analytics and Collaborative Workbench offered from a single platform, which result in reduced TCO and improved ROI on its products and services. The buzz in the market around AI/ML, Big Data, Data Lakes, IoT around Data and Analytics had been ingrained into its philosophy of product management and service capability management. PiLog’s repositories and data harmonization functionality are tailored for industry-specific, multi-domain master data upkeep. It has a flexible

Imad A. Syed, Chief Executive OfficerMiddle East & APAC, has created a work culture at PiLog that ensures positive outcome from the entire team. The company has Monthly Business Transformation Sessions, focusing on its values, vision, plans and strategies. Monthly & Quarterly reviews with Sales, Marketing and Delivery Leadership and Weekly Quiz and Engagement Program at line Management keep the company on track and the employees motivated. PiLog has transformed its working culture over the past decade and a half. Its Flat World and Transforming Organization with open door policy enable everyone to perform, and the flexible and ethical working practices for employee welfare without compromising on customer value management ensure right compensation for right people at the right time. Imad has always believed in building leadership up from the grassroot level, breaking it down into smaller chunks and implementing Kaizens at various levels. PiLog also offers multidimensional development opportunities to its internal business partners with immense stress on “Company by People, for People and of People”.

AWARDS AND ACHIEVEMENTS

PiLog has been showered with awards and recognition since its inception. Some of its accolades in the recent past include:

• •

•

Recognized in Gartner MQ for MDM Solution Provider as Niche player Recognized in Gartner Voice of Customer within top 4 MDM Solution & Service Provider Best Idea Award for Supply Chain Optimization by One of the Largest Oil & Gas Industry Major industries extending ties or budding new relationships with PiLog www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

CEOs

OF THE YEAR 2021

Your advocate and allies for all your HR needs Avishek Singh | Business Connect

e must adapt to the changing demand. There is competition out there, and organizations must continue to improve their skill sets by studying new strategies, comprehending the most recent applications of recently emerging technological models, and staying on top of communication. When the market expands, a startup has a tremendous opportunity to carve out their own niche if they pick their clients strategically based on their own strong abilities. If you have a small to medium-sized company, you can be exhausted by work and have little time to handle your daily HR work. If no human resources experience is present for the constantly growing human resources functions, a specialist HR consultancy will ease matters. Business Connect in its new edition ‘Company In Focus 2021’ introduces you to the team of Regatta Consultancy Services that help corporations with coordination, structure, and experience. Speaking to the team of Business Connect Mrs. Vrishali Mulay, the Founder & Director of Regatta Consultancy Services shares

“HR outsourcing has been a reliable means for companies in recent years, reducing operating costs, minimizing waste, structuring the internal process, and focusing on central company activities.” www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

VRISHALI MULAY Founder & Director Regatta Consultancy works with a vision to help employers build an atmosphere in which employees flourish and surpass. It works to increase the efficiency of industry by people, competitiveness, and best practices. The firm strives to be the leading supplier of HR solutions to companies that contribute to the establishment of effective, sustainable, and efficient organizations.

“We use social platforms to identify the best candidates for the right position and to broaden our employees’ skills and abilities by constant recruiting and training,” says Mrs. Mulay. CHALLENGES AND SOLUTIONS

Human resource management faces several big challenges, including, Recruitment and Selection, Employees’ Emotional and Physical Stability, Maintaining a healthy balance between management and employees, Compensation, training, development and Performance Evaluation On that front Mrs. Vrishali explains, “we place a premium on

productivity and turnaround time, allowing organizations to find the best candidates in a timely manner to meet their manpower needs. We assist our customers in providing TNA-based training programs.” explains the founder. She further adds that their RCS benefits from the expertise they bring with them. “We have tailored resources and added a new approach to

HR solutions.” says the founder. 40

She continues further by sharing that besides all this they also assist their clients in finding top players to help expand the team and maximize the number of clients all of which contribute to greater efficiency, profitability, and risk reduction for their customers.

“Their benefit is our development.” says Mrs. Mulay. The firm considers the market interests of customers and draws on their HR needs. They also curate case histories and generate research-based material that the public is interested in hearing.

Mrs. Vrishali adds, “We also provide organizations with comprehensive 360’ solutions, and, through content, events, and social media, we speak to our customers around the nation in the language they understand.” RCS stands out from the crowd because of its commitment to human resources. Mrs. Vrishali opines that in today’s industry, human resources are more than just a resource; they are the key.

“We don’t just provide services once; we make certain that our clients get something unique in addition to the offering. For eg, in addition to hiring, we provide a value-added service by performing psychometric testing to determine suitability and eligibility. Clients are always looking forward to receiving something additional than committed.” she says. THE INSIDE STORY:

The founder, Mrs. Vrishali talks about her beliefs behind starting Regatta Consultancy Services.

“I’ve always known that I’m a people person, and one of my dreams was to start my own business one day. Today, this company is a reality. This is my calling, and I am enthralled by my responsibilities. There is already a lot to do and accomplish. I believe that by doing this form of work, I will be able to contribute to society and create jobs. When we started, we were providing specialized recruitment services, today we have a range of services including HR process outsourcing, Resume writing, career development, and career counseling. We have also designed a career development program with the help of Harrison Assessment. We have a set of core principles that any employee must be mindful of and follow. With the help of the induction process, we communicate with the employees, as well as have our hiring process designed in

such a way that we ensure we employ the right attitude within the organization. We believe in the principle of leading by example. We have chances for others to lead from the front, and a leader must still be mindful of the objectives to be met.”

S peaking about the future endeavors she shares that the team is planning to run a career navigation program for all the students through colleges and universities. Before she signs off she has a message for all the young entrepreneurs who are working hard to build a career and everyone whose hard work will result in building a nation. “No business is easy. It is just that, follow your dreams and you will be there where you want to be. Patience is a must. We must be patient in order to sustain our passion and hard work while achieving our goals. Patience teaches us that our efforts will be rewarded, and that worthy tasks require time to accomplish. Patience is expected to keep our focus in the face of adversity.

“Genius is nothing but a greater aptitude for patience,” said Benjamin Franklin. Or, as Isaac Newton put it, “if I have ever made any useful observations, it has been due to patient attention rather than to any other ability.” 41

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

Technology

5 Indian Data-Driven Agritech Startups You Should Watch in 2021 Over the past few years, the Indian agriculture sector has gradually opened arms for technology and embraced it. It is considered to be one of the most backward and technology-resistant sectors in India. However, farmers have now broken scepticism philosophy towards technology and understanding what cutting-edge technology can offer. The government and many corporations have done their part to equip farmers with technology, it is the startups that have been the driving force of technology penetration in farming. From farm to fork, agritech startups have been trying to solve paint points at multiple levels, which old and traditional farming failed to solve.

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

NASSCOM report 2019 shows that India was hosting more than 450 startups in the agritech sector. Unquestionably, these numbers have gone up in just 2 years, as this sector has slowly seen growth, investors are pumping funds into it. Many media reports show that even during the pandemic year, the agriculture sector had an 11.9% growth in interest from investors in terms of funding. Let’s look at the 5 agritech startups which are using cutting-edge technology. Fasal Fasal is a Bengaluru-based Indian startup that has developed an AI-powered app for horticulture farmers. With the help of this app, farmers can plan, monitor, and analyze all activities on their farms simply and intuitively, activities including pruning, sowing, spraying, fertigation, irrigation, harvesting, and more. Fasal is an IoT-based AI-powered intelligence platform for horticulture crops. It analyzes data on condition from on-frame sensors to deliver the farm-specific notification, alert for the risk of disease and pest, and crops-stage specific actionable recommendation to farmers. In 2018 Fasal was started by four team members Ananda Verma, Shailendra Tiwari, 2 others. In Oct 2019, Fasal received $1.6M in seed funding, led by Omnivore and Wavemaker Partners. DeHaat DeHaat is one of those few agritech startups, which offer full-stack services to farmers, including distribution of high-quality Agri inputs, customized farm advisory, access to financial services, and market linkages for selling their product. They have developed AI-enabled technology to revolutionize supply chain and production efficiency. Currently, they are offering to serve 4 states like Bihar, UP, Odisha, and WB, in which more than 350,000 farmers are using their services. DeHaat was founded in 2012 by two IITs alumni Shashank Kumar and Manish Kumar. Recently, the startup got a funding $30 million in Series C round, led by Proses Venture.

Recently Clover has launched a new brand called DeepRooted.co, which will take care of the D2C market. They have the intention to create a balance between farmers and customers by building transparency among them. Also, they claimed to offer a fullstack agriculture solution to farmers working in the greenhouse production of vegetables and fruits. CropIn This AI and data-led agritech organization was founded in 2010 by Krishnan Kumar and Kunal Prasad. This data-driven farming solution enables agri-enterprises and growers to maximize per-acre value. The startup’ Smart Farm aids farmers and other stakeholders to increase productivity, efficiency, sustainability, and predictability of their crop chains. Moreover, they claim to maintain food safety standards which are usually neglected in an old farming tradition. CropIn has impacted 13 million acres and four million farmers till now. Recently, the startup got a funding $20 million in a Series C round led by ABC world. Intello Labs Intello Labs, a Gurugram-based agritech startup founded in 2016 by Milan Sharma, Nishan Mishra, Himani Shah, and Devender Chandani, offers a quality assessment of food commodities. They have developed smart scalable solution products that leverage AI, ML, and computer vision, to digitize food quality, achieve fair pricing, and reduce food wastage. Apart from India, they are trying to expand this idea internationally. So far, they have raised total funding of $8.5M, led by omnivore, TechStars, GenNext Ventures, Saama Capital, Nexus Venture Partners, Grow, and SVG venture.

Clover Clover is a greenhouse agritech startup founded by four childhood friends Avinash BR, Gururaj Rao, Arvind Murali, and Santhosh Narasipura. The Bengaluru-based startup focuses on-demand -based cultivation. The startup farms fruits and vegetables in greenhouse farms. Because of the demand for this fresh produce in urban areas, they have built a farm in semi-urban and urban areas all over cities of Bangalore and Hyderabad, so that they can deliver fresh produce. They sell it through both B2B and B2C channels. Amid the pandemic, Clover raised $5.5 million in Series A round From Accel, Omnivore, and Mayfield.

Agritech Startups

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www.businessconnectindia.in ||Vol. Edition August 2021INDIA INDIA www.businessconnectindia.in Vol.43||Special Issue 5 December 2020

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CEOs

OF THE YEAR 2021

Sona Mandhira Breaking Grounds Amidst the covid crisis, Mandhira Kapur carved her steady success Just like her father, Late Dr. Surinder Kapur Indranil Roy | Business Connect Sona Mandhira Pvt. Ltd. (SMPL) is a widely popular brand in the automotive aftermarket, offering a range of qualified and reliable products. Headquartered in Gurgaon, Haryana, SMPL offers all kinds of parts for Passenger cars/SUVs, utility vehicles and small commercial vehicles. Intitially started with aftermarket suspension and steering components, SMPL now has a diversified its product portfolio by adding more products in categories like Suspension, Steering, Steering Pump, Steering Rack, Shock Absorber, Rubber-tometal bonded parts, Dicky and Bonnet shocker, Break Parts, Wipers and Filters. Highest product quality and genuinity makes SMPL a right choice for customers positions it a sought after Brand in the aftermarket space. The Brand stands on the values of integrity, safety and quality, which has kept its sails high since inception. A FINE BLEND OF TALENT AND INNOVATION The robust stature of SMPL is backed by its attention and adoption of innovation. “Our tech-innovative practices and offerings ensure we are relevant and innovative to the IT gamut”, says Mandhira. Staying abreast of digital technologies, the brand has gradually aligned itself with more automation and less manual intervention. But while installing upgrades, it doesn’t forget the human factor. Its most successful products are formed from the collective wisdom of its engineers. The balance between talent and technology ensures a laser-like focus on quality control across the process. All the operations are performed in the light of instilling improvements for better efficiency. It has a Quality Management System (QMS) coupled with customized tools for continuous improvement, defect prevention and reduction in variation and waste across the supply chain. Every product passes through a number of checkpoints for required quality and toughness - and then validated for release. The stepwise framework eventually raises their standards, resulting in genuine and durable products. THE MASTERMIND SMPL was found in 2012 by Ms Mandhira Kapur, daughter of the legendary business icon - Late Dr Surinder Kapur. As a 2nd generation entrepreneur, Mandhira established SMPL on a clear concept to serve quality through products and practices. Her mindset and meticulous efforts have set a benchmark, bringing unmatched value to clients. She has

Mandhira Kapur

Chairman & Managing Director demonstrated dynamic leadership and passion in leading SMPL to new horizons. Under her leadership, SMPL has propelled numerous innovative perspectives and achieved new success. The brand has a PAN-India presence with 100+ Channel partners catering to tier 1, 2 and 3 cities. Parallel to the portfolio, she has created a family of 500+ members, which she calls ‘Sona Mandhira Parivaar’. “We take pride in calling ourselves Sona Mandhira Parivaar, and we all share in the responsibility for creating a great experience for our employees,” Mandira adjoins. SMPL maintains an open-door philosophy to ensure everyone’s engagement and that everyone is approachable. Mandhira and her team engage in discussions, listen to employees to understand concerns, hence ensuring an accessible relationship

MILESTONES & STEPS TO COVER

The stellar presence across the sub-continent backed by talent, technology and network partners makes SMPL one of the forward runners in its sector. Recently, they hosted a vaccination drive at Company’s premises, clearly illustrating their concern and care for the employees. Such a culture fosters organisational success, making employees feel like valuable assets and maintaining their content. As for the next, SMPL plans to expand it’s presence into two-wheelers, electric vehicles and commercial vehicles segment. It also plans to extend its geographical footprint, instil innovations and practices to leverage emerging opportunities.

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

CEOs

OF THE YEAR 2021

ELEARNMARKETS & STOCKEDGE Enlightening People on The Power of Financial Markets Indranil Roy | Business Connect With the wave of digitization, every industrial segment is touching the skies, creating tidal changes and what not! A distinct illustration of this can be drawn from the finance sector. Financial solutions, including insurance, stock markets, etc., are accessible at our fingertips. Companies both big and small are contributing to this growth to make fintech accessible to all. While access for everyone is still a longshot, fintech platforms like Elearnmarkets and StockEdge, are relentlessly working on this. Recently, Business Connect, a premier print and online media platform, conducted a lounge interview with Mr Vineet Patawari (CEO) of Elearnmarkets and StockEdge. Below are the key takeaways from the discussion.

VINEET PATAWARI

SHAPING A WHOLESOME IDEA

(CEO & Founder)

VIVEK BAJAJ MD

Mr Vineet Patawari (CEO), Mr Vivek Bajaj (MD), and Mr Vinay Pagaria (CTO) are three dedicated business leaders who created Elearnmarkets and StockEdge. Mr Patawari has an extensive background in digital solutions and financial markets, specializing in tech products, performance marketing, team development, and increasing individual productivity. Mr Bajaj is a Financial Market Guru! He spent over 17 years in the market and has an immense passion for trading, investing & training. Mr Pagaria is a Tech Veteran with nearly - 2 decades of technology experience. He has a strong understanding of financial data & the consumer psyche. Starting over a decade ago, the trio witnessed the changing tides in the industry and how they will revamp the Financial space. However, they also found a gap in knowledge and access to financial markets. Back then, only around 3% of the population had access to financial markets and hardly had any mentors. The cadre saw this as a

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

VINAY PAGARIA CTO

profound opportunity to utilize their expertise and coach people at minimum expense. After deep research and understanding of the vision, the trio led the inception of Elearnmarkets in 2014. After a while, the trio identified the need for a centralised information bank that offers accurate financial data for market investments. “Media houses were providing too complicated and cluttered information to make sense to common people”, explains Mr Patawari. Thus in 2016, the trio launched StockEdge. The platform offers realtime market analysis for traders to inspect and make informed decisions. The platform mainly focuses on retail traders over brokers or investment bankers. The blend of ingenuity and innovation has made Elearnmarkets a crowned choice for training and StockEdge for financial data, analytics. Both of these are accessible via Smart Platforms (Android & iOS) and the Web.

them. Addressing the scenario with a freemium digital bridge is the biggest achievement for Elearnmarkets and StockEdge. Elearnmarkets brings together nearly 200 experts and allows users to learn from their expert of choice. Similarly, StockEdge consists of a simple and agile interface so that users find fast and smooth accessibility. The platform processes over 1 billion data points from 5000+ NSE BSE companies. Also, both platforms are on cloud; hence, scalability is never an issue. And they function on a very secure architecture to ensure user data and information is secure.

THE PEOPLE WHO MAKE IT HAPPEN ADHERING TO THE NECESSITY

In recent years, the Indian stock market has seen a significant number of trading platforms. And not to mention, the scenario creates an increasingly competitive market. With eyes on growth, Elearnmarkets and StockEdge are focused on the pain points that users struggle to understand. Elearnmarkets is a digital handbook of financial aspects. Its contents cover every aspect, ranging from Stock Markets, Commodities, Currency, Mutual Fund, Insurance, Financial Planning and Wealth Management. The platform consists of 100+ career-oriented courses with many joint certifications from financial bodies like NSE Academy, NCDEX and MCX. And available in 6 languages (English, Hindi, Bengali, Telugu, Marathi and Gujarati). Trainees are regulated through boot camps, seminars, workshops, and webinars by industry experts and celebrity trainers. The platform has 1 Million users availing its benefit and 2.2 Million page views/month. StockEdge is one of the best Equity markets and mutual fund research platforms, primarily based on NSE and BSE data. It offers day-to-day market analytics with visualizations and alerts and is mainly for the young generation. StockEdge offers plenty of insights in Equity markets and MutualFunds, allowing users a detailed analysis. And doing so, it has completed 2 Million+ downloads with 30,000+ reviews. Moreover, it has a 4.4/5 rating and stands amongst the highest-rated apps. “Our goal is to make the people of India financially “Atmanirbhar”, a cause that the entire team of Elearnmarkets & StockEdge is deeply passionate about”, asserts Mr Patawari in a proud tone. Recently, the leaders raised a growth capital of Rs 10 Cr from Kotak Securities Ltd. for product enhancement and increasing user reach. Furthermore, they plan to raise more funding in the upcoming 12-15 months to establish a niche ecosystem in the Indian Capital Markets.

BUILT WITH USER-FRIENDLY FEATURES

How a product that once belonged to a few reaches the masses? The answer is digitization. From product to service and ideas, digitization bridges the gap between provider and user. In the stock market, the expertise and knowledge once belonged to only a few. And people had to invest considerable time and money to learn from

Assembling a like-minded team to work on a common cause often becomes a sizeable challenge. Mr Patawari explains that scurrying for good coders and developers to drive the user experience may be tough, but being in Kolkata gives an advantage. The City has a young and diverse talent base that puts forth an enviable collaboration in workplaces. Leveraging the regional advantage, Stock Edge has created a team of 170 people driven by hard work and dedication. They have a familial culture backed by transparency and clear objectives that keep the team focused. Also, they have 4 hr compulsory training every month for every individual. Even in remote work, online training sessions are conducted along with one-to-one meetings to increase engagement. Last but not least, they have recreational events, like Gettogethers and Parties, which they wish to restart post-pandemic.

STEPPING OVER CHALLENGES

Like every vertical, the financial market was inflicted by the Pandemic, and the results were cumbersome. While there was de-growth in the first few months, there was a significant recovery afterwards. This acted as a catalyst for Mr Patawari - to jump-start and grow. Since the market was alive and steady, while people were in temporary retirement, both Elearnmarkets and Stockedge witnessed a surge in their user base. Elearnmarkets saw 3X exponential growth in its overall user base! In short, they had a quantum leap with a 33% growth in a single year. As of now, their focus is on content development in more regional languages. This will help in increasing participation and penetration into more customer segments. Mr Patawari believes that now is the moment for people to start investing in stock markets because the majority have bank accounts, Insurances, and are aware of other financial aspects. And they aim to be the user’s holistic consultant in every step. Furthermore, the market is still vulnerable to crashes since it’s still in economic distress. And such a scenario makes people petrified about losing their money. Therefore, Mr Patawari and his team strive to incorporate more knowledge and analytics in their platform to help people during wear and tear.

THE WAY TO MOVE FORWARD

Envisioning to be the apex and inspiring the masses simultaneously, is a rare but prominent skill. As for Mr Patawari, he plans to reach the crescendo, but of course, not at the expense of relationships. He believes in growing as a whole, including revenue, users and employees. He says, “Giving people learning opportunities and responsibilities at the same time fosters growth at a steep rate”. He affirms people as the biggest asset; and guiding his team in the right direction, has helped amass an outstanding client base. Celebrating its prevailing success, the founders plan to go global, starting with the US economy. They also plan to increase their regional boundaries, but the global initiative is indispensable. Furthermore, they wish to incorporate transactions in their platform so that users access the market directly, not through other brokers.

A NOTE FOR THE ASPIRERS “Learn to persevere; it inspires you to keep going despite the odds and is more important than your talent or qualifications. Be a learning machine as well. Read books, meet new people, and keep expanding your horizons.” – Leadership Panel, Elearnmarkets & StockEdge 47

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

The 10 Best

Lifestyle

Bloggers in India

Unlike travel blogs, diet blogs, and other specific blogs that only emphasize a particular category, lifestyle blogs are those that are a mix of things related to urban living. It includes fashion, food, travelling, and lifestyle design, as we simply call it fine living. There is always a big challenge to find the best lifestyle bloggers. We have brought a list of the 10 best lifestyles Indian bloggers, who can give your best tips to make your lifestyle fine. If you are interested, check out one of these or all of them.

#1. Shalini Chopra

Shalini Chopra is the most famous lifestyle blogger who created a website called Stylish by nature. The purpose of creating this website is to make everyone stylish. Her blog was ranked as a top Indian Fashion blogger for three consecutive years 2014 -15-16, received many other international and national awards. She helps her followers and readers to shop from her closet. She has mentioned that her blog is for her like-minded people who find it as important as breathing. Her blogs mainly focus on street style, designer couture, vintage, and fitness.

#2. Rasshi Gaur

Rasshi had a graduation degree in Literature, but her passion for fashion made her hold a master’s degree in fashion. Her website is called Blahandmore.com, which was compiled with online fashion and lifestyle magazines. Her blog mainly focuses on hair and skin, retail watches, and trendy outfits. But her hair and skin section is the best part every fashion blood raves about.

#3. Shaily Khera.

Shaily Khera is one of the most famous faces and popular lifestyle bloggers who created her blog in 2015 called confessionzfacloset. She has a master’s degree in fashion from IIFT. On her blog, you can find fashion & beauty tips and product reviews of all famous brands, and many more. Shaily Khera is the style council member on Limeroad.com. In 2014, she got a chance to style A.R Rahman’s music video for Vogue’s Empower campaign.

#4. Akanksha Redhu.

Akanksha Redhu is one of the most iconic fashionistas and beauty & lifestyle bloggers in India who completed her degree in fashion design from NIFT. In 2010, she started the blog as a way to note her idea of the project, but later her blog became professional. Apart from that, she covers her events and shopping experience. Through her website, one can steal her own style because she puts all fashion goodies on her blog that she wears. Akanksha loves daydreaming when she is not doing anything she designs accessories for her own brand “CIRARE”.

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

#5. Gia Kashyap.

Mumbai girl, Gia Kashyap is the founder of giasysthat.com. When she was 15, she started working as a graphic designer for a website, later she entered the t-shirt business. At age of 21, she received the opportunity to write as a fashion columnist for a famous publication in the country. Gia’s blog is sectioned with travel, lifestyle, food, and Makeup. Her flowers love to read and watch her shared tips about home remedies and treatment for makeup within their budget. Gia loves creating is lustrations, playing table tennis & PC game, and more.

#6. Tanya Dhar.

Tanya Dhar, the face and voice behind beauty & lifestyle Blog called Urban Diaries, has been seen as a prominent social media influencer. Her blog covers a wide variety of topics, such as luxury fashion & lifestyle, food, and travel. Basically, her blog is a cross-cultural platform that has a purpose to inspire with a distinctive combination of shared aesthetics and interests. More than a hundred thousand people are connected with her social media accounts.

#7. Anuja Pandey.

Anuja is the founder of lofty Spectrum known as one of the best luxurious and lifestyle blogs one can follow. She is also known as a great storyteller and content creator. Her writing journey started at a very young age that remained confined to her diary. Today, her journey of content creation for lifestyle brands has been more than 6 years that was followed by the blog. She also writes about health and wellness for Indian Express. Anuja Pandey has won the best Indian lifestyle blogger award.

#8. Santoshi Shetty.

Santoshi Shetty is one of the hottest Indian fashions and lifestyle influencers who have a huge fan following on her social media accounts. In 2014, She created the travel and fashion & lifestyle blog “The Style Edge”, whereby she posts a lifestyle blog, fashion tips, and her own photoshoots. So, if you are interested in such cool things, then you must follow her. Apart from that, her work has been recognized on a national level, she won some of the best awards like #Cosmopolitan Blogger of the year 2016, #Elle Blogger of the year 2016, and #Palladium Spotlight Fashion Blogger of the year 2017.

#9. Nidhi Arora.

Nidhi Arora is the founder of the “ChicLifeByte” blog. The blog is for food lovers, fashion enthusiasts, and travellers. She also shares handy make-up tips, dos, and don’ts, or the blunders while doing make-up. She is living a very active lifestyle, you are bound to see plenty of incredibly cool and fashionable stuff on her blog. Apart from that, she runs a salon called soft Touch, where she makes people look and feel good and also talks to people about their hair & beauty concerns. ChicLifeByte blog is run by Nidhi Arora, Co-founder Shilpa Arora, and Subham Arora.

#10. Chandana Munipalle.

Chandan Munipalle is one of those passionate fashion and lifestyle bloggers who boon for fashion enthusiasts. She runs a blog called “The girl at first avenue”, which was started back in 2010 as a hobby blog. Soon, it turned out to be an influential online presence, famous for featuring modest, simplistic styling that could be worn and carried by the everyday. It’s since evolved from personal to professional fashion & lifestyle blogs. It has been listed as one of the top 20 fashion blogs in India.

Disclaimer: We haven’t ranked any of these boggers. This article is just trying to spread information to you about talented and best lifestyle bloggers. 49

www.businessconnectindia.in | Vol. 4 | Special Edition August 2021 INDIA

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