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www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
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www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
Editor’ s Note
DIVE INTO OUR SEPTEMBER’S EXCLUSIVE ‘READ’ Today, block chain technology is said to be rolling soon in the tech space to dominate it with its phenomenality. In case you are unaware of it, let us define it as technology assisting people who are no acquainted with each other to rely on a shared record of events. This particularly shared information/record/ ledger is then distributed to all participants across the network with their personal systems in order to confirm transactions that eradicate the requirement of a third party to act as an intermediate. This budding technology is time- stamped and programmable requiring cryptography and digital signatures to prove identity. And if we talk of the value it assures any business with, then it will best to sum its up as swift, cheaper and transparent processes with high value generating technology. For this special issue, Blockchain technology has been our core focus area. This propelled us to highlight the vignette of an emerging player MMAPL at the cover page. Master Mentors Advisory Pvt Ltd (MMAPL) is an establishment that is being led by some industry veterans at the forefront— Shyam Mamidi who is the Managing Director, Srinivas Mahankali who is the CEO, Abhay Mehrotra who is the COO and 4 PhD Doctorates as Advisors and Co-founders — Dr Muneer Mohammed, Dr Raghavendra Prasad, Dr Srinivas Josyula, and Dr Prageetha Raju. The company has become an eminent digital transformation facilitator leveraging Blockchain, AI & ML, IoT & Mobile technologies, transforming business workflows in most sophisticated manner. To all our readers who are fond of evolving technologies, we can assure this read to be a fascinating one! And additionally, this unique edition has a collective of your favourite sections that are enriched with some stimulating content to boost your entrepreneurial spirits. A mix of some enticing success stories where the triumphs of each company have been spotlighted excitingly to establish better engagement between the publication and the readers. So, look into our extraordinary picks from the business fraternity, that have been flagging their names in their respective space while inspiring the aspiring entrepreneurs as well as the business community with their optimism, insights, leadership, values and a lot more. Also, we are sure that the inclusion of some informative articles will keep you glued to this magazine for long hours. Business Connect believes that it is doing justice to its mission to seek and publish triumph tales of discerning leaders, energetic doers, pioneers, etc. while providing motivational insights on a variety of subjects. Let us know how we are doing with your precious feedback!
Kajal Dobhal Kajal@businessconnectindia.in
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Vol-4 |Special Edition|September 2021 Publisher & Editor : Abhishek Kumar Dubey Editorial Team Indranil Roy | Kajal Dobhal | Ashwathy Nair | Sugandh Bahl Dr. Amit Mishra | Avishek Singh | Kriti Anand
Business Head ASHISH KUMAR
Corporate Team Satyam Singh | Sunny Pathak | Asha Dudeja | Pradeep Pandey Karan Sharma | Komal Verma | Sudha Gupta | Javed Khan Vikash Kumar | Sunaina Gupta | Reetu Chauhan | Kuldeep Gautam Co-ordinator (Business Connect-Clients) Anita Kumari | Priyanka Gupta Data Research & Analysis Satyam Tiwari | Amit Kumar Harsh Kumar Garg | Anita | Ravinder Singh | Akansha Verma Gunjan Kumari | Damini Tyagi | Rahul Kumar | Hritik kishore | Akash | Sonu Yadav Finance Team Monika Aggarwal | Gourav Singhal | Reshmi Circulation Team Vivek Ramola
Creative Director ASHUTOSH OJHA
Creative Team Chandan Sharma | Reena Kumari | Rajat Pathak Sakshi Negi Legal Affairs Mukesh Kumar Human Resources Nivedita Basu Digital Marketing Manager Kartikeyan Gururani | Neha
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www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
TABLE OF
Contents 10 PAGE NO.
COVER STORY
Srinivas Mahankali CEO of Master Mentors Advisory Pvt. Ltd.
Navin Reddy
Training Partnership
MASTER MENTORS
ADVISORY PVT. LTD.
“YOUR TRUSTED BLOCKCHAIN TECHNOLOGY PARTNER” www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
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ENDMILE TECHNOLOGIES PVT. LTD.
A CULTIVATED NAME IN E-MAIL SERVICES AND MARKETING AUTOMATION SPACE Dr. Amit Mishra | Business Connect With the advent of enhanced technologies, transactional e-mails have become a prominent service, for a customer. On another note, the utilization of digital platforms like e-mail, social media, websites, etc., has taken marketing to a whole new level. Endmile focuses on bringing these two services under a single umbrella.
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SUCCESS STORY
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SUNIL BAGHEL | Founder & CEO
VANDANA LUTHRA THE FOUNDER OF VLCC
understand the conclusion of their actions during any commercial transaction.
AN EXCEPTIONALLY SEASONED BRAND Founded in 2011, the Company has established a remarkable position in IT-sphere of Bhopal, Madhya Pradesh and Gurgaon, Haryana. With a myriad of exemplary services, Endmile has propagated thrived into various verticals like IT, Finance, Real Estate, etc. The Company works with some of the renowned players in the market Such as Arihant Capital, Airtel, TechMahindra, etc.
On the other hand, e-mail marketing is another segment of their venture. The Company proudly stands as the ‘fastest Growing Marketing E-mail Delivery tool’ in the market. They do an in-depth analysis of the client’s business and gives them access to their digital platform, which helps in generating fruitful leads. As if 2.5 decades of experience, Chief has been this is The notorganization enough, the Company Operating Officer (COO) having two instrumental in providing CyberEndmiledecades was envisioned, by Chief Financial also scrutinize recipient of experience, security & the Information Security Mr SunilOfficer Baghel. With a BE in E-mails to provide genuine leads. (CFO) having 1.5 Decades Consultation services to the various Computer Science, Sunil ableCyber This particular feature further repute of experience, and was 2 Senior organizations of respectable Securityhow resources having 15 years qualifies suchtheir as Panasonic, to comprehend enhanced integrityHCL andInfosystems helps of experience. Total of cumulative Ltd, Punj Lloyd Engineering, technologies will change the face of clients with cost reduction. TheStellar experience of senior management is Data Recovery, Usha International the entrepreneurial arena. He started Company also provide a suitable more than 100 years. Ltd, Sandhar Technologies, Apollo Endmile in a period when digital Technical Account Munich Health Manager Insurance, who Max Health technologies wereadvises emerging as a the responsively seeksHealth feedbacks and Eli Mr Dham to study Care, Religare Insurance, competition, conservewithin cash, research Research, IRCTC, Celebi Airport prolific platform. However, a helps clients with their queries. new products and services, listening Services, AuthBridge, AIMA, Espire year of inception, Endmile scaled-up to customer feedback, andofresponse Infolabs, Oxigen AS Wallet, CMS its growth and presently is one the EMAIL SERVICES PER to change as critical strategies for Computers, IIT Roorkee, Maharashtra pioneersdeveloping in Digital Communication a successful business. RBI DATA HybridLOCALISATION Seeds Company, and & Marketing space. CIRCULAR -2018Co-operative Bank. Radhasoami A notable example of their E-mail The Operations At GIS GIS ConsultingSERVICES has seven strong Research & Development At GIS CLIENT-CENTRIC services are compliant as per RBI pillars of its GIS Consulting has itswhere research team Trust and Faith areorganization, the chief and the data localisation circular management team possess who are always on toes to evolve new pillars insenior a business. In his all data is being stored in India ample experience in maintaining means and methods to find loopholes entrepreneurial journey, SunilThese has only. They a dedicated these domains efficiently. in newmaintain technologies developed in witnessed several brandssales, withtechnology,infrastructure for The every client; This to include marketing, the industry. recent example operations, support this is theand introduction excessive services,finance, whichlegal, oftenand HR. helps in data secrecy privacy.of IoT & SCADA. derails the main focus. Endmile They conduct third party security a vast experience in the the assures With its services attributes audit time time to make sure better cybersecurity domain, and with The R&D Team at GIS helps the data provided by the client. Its security features of the platform. Cybersecurity Maturity Assessment Company achieve Numero Uno categorized collection is based service, the Company helps its clients position in the industry by researching on the coveted needs of clients,in their FLEXIBLE TO CONSTANT understand the loopholes the new methodologies of security infrastructure, which may lead to data assessments hence ensuring that which helps them maintain TRANSITIONS theft and denialin of the services. they areisalways ahead in the race a trustworthy image Technology a transitional concerning the competitors. market. The transactional E-mail platform and Companies need By conducting a combination of encircles, Triggered Emails,policy and to be flexible tothe grow. Endmile interviews, workshops, Moreover, Company has a Quality Signup Emails, Sale/Buy Receipt, has accommodated process reviews and technical testing, the Assurance Teamevery built inside their Order status Notification contemporary innovation in its team atemails, GIS takes a complementary view system, which ensures that the results manage cybersecurity. The assessment of the assessments are cross-checked Emails, to and lots more. Endmile’s tech-platform. Customer’s play identifies helps currentcustomers gaps in compliance an integral beforepart it lands on to the client’s table. adept platform in understanding
ENDMILE TECHNOLOGIES PVT. LTD.
A CULTIVATED NAME IN E-MAIL SERVICES AND MARKETING AUTOMATION SPACE CONSULTANT
OF THE YEAR
G-Info Technology Solutions Pvt. Ltd.
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Marking Footsteps Through Cyber-Smart Security
Sugandh Bahl | Business Connect GAC CONSULTANTS Security is concerned with ensuring legitimate use, maintaining confidentiality, data integrity, and auditing in the network. Cyber Maturity Assessment involves security management, which is the process of identifying the assets, threats, vulnerabilities, and HELPS GLOBAL COMPANIES SETmeasures, UP which if not done, may lead to unintended use of computing systems. The cybersecurity has leapt in taking protective current times, and one such market player in the sector is G-Info Technology Solutions Pvt. Ltd. A SUCCESSFUL BUSINESS IN INDIA CULTURE 4 TIPS TO DRIVE DIVERSITY AND INCLUSION AT YOUR WORKPLACE
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G-INFO TECHNOLOGY SOLUTIONS PVT. LTD. MARKING FOOTSTEPS THROUGH CYBER SMART SECURITY
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KOTHARI’S & COMPANY and risk management of information AN EXPERT INassesses HANDLING CONSULTANT assets, the scale of cyber FINANCIAL The competitive advantages of GIS vulnerabilities, and sets out prioritized Consulting includes the evolution of Naveen Dham SOLUTIONS BEST MANNER areasIN for a THE management action plan. solution with the help of researchers Managing Director & Founder
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At LIO, they have adopted business tools such as Microsoft Teams and Notion to
LIO CONSULTING PVT. LTD.
The Founder, Mr Naveen Dham The Company’s Mastermind incorporated G-Info Technology The Company was incubated in the year Solutions or GIS Consulting with a 2016 by Naveen Dham and Co-Founder mission to empower profitable growth & CFO Prerna Dham with one team | Business named Connect Shiv Kumar. GIS’s first of its customer’s businesses throughSneha Chaudhary member adequate protection of customer’s COMPANY OVERVIEW consulting contract was with Panasonic, and deepperformance industry “Information Assets, Networks and LIO offers comprehensive and after capabilities its exemplary in knowledge necessary to help solve the most complex Applications” through the best of issues of an organization. the first assignment It works across GIS variednever sectors stopped and industries, providing services Industry’s “Security Consulting and addedbusiness manyadvisory feathers to to its cap mature organisations as well as startups. LIO provides Solutions”. slowly andand gradually. business advisory services covers services such as
Implementation and IT Service Delivery Domains. He is a Bachelor of Technology in Computer Science and Master of Science in Cyber Forensics and Information Security. He is Certified Information Systems Auditor (CISA) ISO 27001 LA Certified, PCI DSS Implementer Certified from BSI, ISO 20000 LA Certified, Trained ISO 22301 Implementer. ISO9001 IA Certified, ITIL, MCSE and bearer of A Plus Certification from CompTIA. Certified Ethical Hacker (CEH)
Data Acquisition) security testing, cybersecurity trainings, and cyber forensics.
the new staff as well. Today the group has expanded to 28 members including Chief Technology Officer (CTO) having
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Top-Tier Consultancy Services
HEALTH The services provided by GIS LOW-CALORIE FOODS includes cybersecurity compliance consulting, cybersecurity maturity FOR A HEALTHY BODYtestings, assessment, cybersecurity
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ideation, partner identification, project identification, strategic planning, feasibility, market entry, engineering The CEO And Founder, Mr Naveen design, project management and implementation, Dhametc is ina various veteran security strategist & growth acceleration, sectors. A unique or a differentiating service that it provides is engineering Mr Dham has built his team using his holds a total of 19 years of rich experience consulting along with management consulting services. SIDHANT rich SINGH industry experience and in-depth Information Security (ISO27001) The companyin has two full time engineers, along with the Mr. Sidhant Singh, and has a tie up withIT Security Director cybersecurity implementations, IoT Director himself, technical knowledge which helped him implementation, maintenance, a Hyderabad based engineering design firm to carry out & SCADA (Supervisory Control andprojects in this to select the right resources and train Auditing, and IT Service Delivery. He sector.
CONSULTANT
OF THE YEAR
has been honored with Global Award Profitability of a business is equatable to the time allotin London inmotto the isyear 2011excepfor his ted to a particular task. LIO’s delivering tional services through a solution-oriented approach Security exemplary work in Information
and high performing teams. It is imperative for the team and Sidhant to understand the brief of the client to the T. Understanding the needs of the client and getting www.businessconnectindia.in | Vol. 3 | Issue 4 November 2020 INDIA 30 all the available facts are key: from there they design a solution. They don’t use a ‘one fit for all’ strategy. Having access to the right stakeholders and experts assists them in providing quality and efficient service at reasonable prices.
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LIO’s vision is to provide actionable tailored services that unlock growth for businesses. The company aspires to provide more and more value to the clients. They are sector agnostic and have clients in sectors such as infrastructure, renewable energy, electric mobility, packaging solutions, fintech, health and wellness etc.
Soul Consciousness Lab
LIO was launched by Sidhant after he finished his MBA in Imperial College, London. There he had the opportunity of pursuing a career at one of the Big Four, or starting up a consulting company in India. He chose the latter, as India’s position in the global business landscape was growing rapidly.
neering company, he realised that designing on a desk was not his cup of tea. He was happier networking and selling an idea or a project, and that’s how he joined consulting at Grant Thornton India and then went on to work with the International Finance Corporation. The thought of starting his own company had germinated by then, but it was important to understand the workings of the industry and to expand his horizon. WORK CULTURE According to Sidhant, the team at LIO is its biggest advantage. The team mirrors the vision and principles of the company. The team has weekly discussions on what they have learned and see if this knowledge can be applied to our company or client. A differentiating aspect of its service is engineering consulting along with management consulting, which are two very different fields of consulting. As mentioned, LIO works on four principles, and their vision defines them: 1. Quality 2. Efficiency 3. Integrity 4. Accountability These principals resonate the values and missions of their clients and enable them to form a synergy with them.
SIDDHARTH MAHESHWARI & CO. CONSULTANCY WITH TRUST who & QUALITY A brainchild of Rashhi Sharma is dedicated to giving people a better purpose to life Prior to becoming a Minister in the current UP Government, his father had set up two international engineering companies in India. Sidhant studied Civil Engineering in undergrad to have the foundation to enter into my family business, but after six months of working in an engi-
with her healing tools & to spread the right information! Kajal Dobhal | Business Connect
www.businessconnectindia.in | Vol. 3 | Issue 4 November 2020 INDIA
RASHHI SHARMA
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Founder & CEO International & Therapist LAB. SOULTrainer CONSCIOUSNESS Soul Consciousness Lab A BRAINCHILD OF RASHHI SHARMA
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LIO CONSULTING PVT. LTD. TOP-TIER CONSULTANCY SERVICES
service offering, Sidhant is most assertive about electric mobility, fintech and e-waste
past-life management. regression therapist, future life progression therapis 31 Shamanic Practitioner, a psychic andanda the member of the Nation In electric mobility, the most important component is the battery evolving technology behind it. Battery accounts for nearly 50% of the cost of the electric vehicle. Guild ofglobal Hypnotists. Claiming to be the60% most China is the leader in battery manufacturing, accounting for nearly of the qualified holist global battery market share. India is expected to need 600GWH of batteries in 10 years starting from 2020. Withand the recent therapist difficulties in trade with both for India and for practitioner inChina, India, Rashhi has emerge other countries, there is a massive opportunity for local battery manufacturers as well as foreign to set up units LIO is in talks with variousat electric car subconscious out as companies an expert inin India. healing people the manufacturers and battery manufacturers to open shop in India. soul level. We as human beings carry numerous unwante Fintech is another field that LIO has started working in and with India moving towards digitisation and in with our Covid-19 subconscious pushing consumers and businesses faster our past, whic baggage mindtowards from adoption of a cashless economy, Fintech is a lucrative sector and there are numerous components within affects fintech that theyour are looking into. adversely mental and physical health. In th LIO was recently placed amongst the Top 10 Consultants For Startups in India. regard, phenomenal leader Rashhi Sharma elucidates, “ I order attain isSpiritual, Emotional, Financial and Ment My adviceto to entrepreneurs to be patient and persistent. Whatever you choose to do, do it for the long term. Aspire to create value for your client/ customer Balance, we at Soul Consciousness Lab are bestowing th and not your P&L, and don’t be afraid of failure – micro failures are better than TECH & INNOVATION any win, because youlife-changing learn a lot more. And also enjoy your wins – sitThe back and masses with experiences. sessions offered t soak in the achievement for a day or two, so that you are rejuvenated for what’s coming next. people help them to achieve what the soul has planne Sidhant Singh, Director INNOVATIONthe AND AN IMPERATIVE for them naturally and what they deserve, paving the wa to their spiritual and material success as well.” Th FOR EMBRACING DATA progress PRIVACY, most striking aspect of therapy sessions with Rashhi is tha TRANSPORTATION AND SECURITY whereas other healers are expert in 1 or 2 modalities and use fixed healing modality and approach for everyone, Rashhi ha conceptualized and developed an unique integrated metho of healing which uses a perfect combination of different healin modalities in each session, and these are chosen according t the person who needs help, and as per the need of the hou This highly flexible approach has revolutionized the therap approach and have ensured that each session provides 100% efficiency and results and the total number of healing session needed for full recovery are the least possible!
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WHO IS DEDICATED TO GIVING PEOPLE A BETTER PURPOSE TO LIFE WITH HER HEALING TOOLS & TO SPREAD THE RIGHT INFORMATION!
increase the productivity amongst team members. Thereto aremonitor bi-annual training sessions and log the security attacks on new softwares and technologies. Big Data is playing a big role in how companies are GIS ismarketing winning faithand byLIO providing best towards using thedata opensource products is making progress adopting analytics and technologies content creation at as services in its offering. in class services a reasonable cost which no other player in the industry and ensuring that they don’t mislead does. The entire team has weekly review meetings of projects that they are working on and on a monthly they provide progress and action reports to the clients. There is also a clients in anybasis manner by bringing layered review approach to all deliverables and the onus of the deliverable lies equally transparency into the system. The The Business operates on the with all members, including the top management. Company offers its clients with the following principles: honesty, A key aspect providing service is delegation. Task delegation trustworthiness, is important, and elucidations toofclose thequality gaps with integrity, loyalty, delegating tasks correctly, which includes both the right person as well as communicating economical or zero using It ensures fairness, concern forinothers, respect the description of the cost task, issolutions even more important. high standards of quality work oftechnologies, the team members unlike and efficiency. openthe source the for others, law-abiding, commitment competitors who lunch maypolicy, landwhere the clients excellence, leadership, reputation & LIO has a Friday food for the entireto team is ordered and everyone gathersinvestments around to eat and discuss the week and any new developments. Theaccountability. work culture into huge on different morale, and at LIO is like a family gathering, where they applaud and criticize each other, but at the solutions the end of to the complete day, they are all on audit the samegaps. page and working towards the same goal, i.e. to deliver exceptional service to their clients. To maintain the enthusiasm of OnceSidhant ISO Standard isleading implemented, employees, Consulting works believes that with empathy is extremely important. EQGIS is something that’s not discussed enough to in business and companies.hard The freedom for an employee the organizations require undergo and party harder, which keeps to express themselves in their work and personal life at work is promoted at LIO. They periodic maintenance and Audits everyone motivated. They find ways also have a micro-reward program, where achievements for tasks are rewarded through to ensure that thesuch system is being to throw party and small gestures as gift-cards, etc. Also, having a structure in theacompany whereassemble a get affirmations and criticisms are equally welcomed, drives not just the team but him, as maintained on a real-time basis to ensure together with team members which well. the upkeep of effective compliances, this preserve the environment lively. The GOALS FOR THE FUTURE tech-savvy Company also provides such team members call it a home away LIO is always looking towards deriving more value for clients. It’s an endless pursuit maintenance services. home. of giving more and more. They have identified Big Datafrom as a potential addition in their
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Moreover, Rashhi reveals that many of our unknow
emotions and behaviour patterns are the result of our past lif TECHNOLOGY experiences. People find themselves helpless to some sort o and emotionalDEVELOPMENT issues and hypnotherapy & Regressio 5 EXCITING mental AI BUSINESS can effectively allow a person to encounter his own past lif HOW THEY CAN AFFECT memory imprintedYOU on his soul, which could be the root of th
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arising issues. She has successfully treated a number of peop who due to their past life impressions and memories withi the subconscious mind were experiencing inexplicable pain depression, guilt, fear, phobias, traumas, relationship issue www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA and much more in their present times!
www.businessconnectindia.in | Vol. 3 | Issue 5 December 2020 INDIA www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
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Srinivas Mahankali CEO of Master Mentors Advisory Pvt. Ltd.
Navin Reddy
Training Partnership
“Training Partnership with India’s IT legend Navin Reddy of Telusko education through Genuinity LabsBlockchain training portal.” www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
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COVER STORY YOUR TRUSTED BLOCKCHAIN
MASTER MENTORS ADVISORY PVT. LTD.
MASTER MENTORS ADVISORY PVT. LTD. Kajal Dobhal | Business Connect Companies that adopt digital transformation successfully develop faster than their competition. Appropriate digital transformation technology solutions are established based on the analysis of customer behaviour and preferences, as well as the company’s unique business processes.
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www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
COVER STORY
TECHNOLOGY PARTNER
Master Mentors Advisory Pvt Ltd (MMAPL) is an establishment that is being led by some industry veterans at the forefront— ShyamMamidi who is the Managing Director, Srinivas Mahankali who is the CEO, Abhay Mehrotra who is the COO and4 PhD Doctorates as Advisors and Co-founders— Dr Muneer Mohammed, Dr Raghavendra Prasad, Dr Srinivas Josyula, and Dr Prageetha Raju. In a freewheeling conversation with Srinivas Mahankali, our team conversed on various aspects of this business that concluded in this fascinating read. OUTLINING THE BUSINESS PORTFOLIO MMAPL has been well-reckoned to be an eminent digital transformation facilitator leveraging Blockchain, AI & ML, IoT & Mobile technologies. Headquartered in Hyderabad, Telangana, the organisation conducts a Blockchain Training program for its big clientele via its outstanding portal. With its sheer intention to empower training centres, universities and corporates that strive to specialize in Blockchain, MMAPL has released its white labelled product- Genuinitylabs.com to offer exclusive courses to its employees or alumni. For this exemplary product, the luminaries at the company envision operating it as a franchise program at optimal cost and assessment & certification cost per student.
There are several specialized Blockchain-based products released by MMAPL that could be named as• Blockchain leveraged Employee Rewards and Recognition Program • A blockchain-based storehouse of Wills & Testimonials and Property safeguarded by lawyers and notarization. • Ensuring documentation support via Blockchain to enable start-ups to track their value addition, share in their companies and the value of the enterprise in real-time. • Verifiable Blockchain-based credentialing and certification, enables universities and training institutes to offer trusted certificates that are verifiable from any corner of the globe within a few minutes. • Artist marketplace based on Blockchain • Blockchain Driven Frameworks like1. Private Blockchain Framework offering to integrate Blockchain into company’s operations appropriately and rapidly. 2. Enterprise Blockchain Framework offer through Stezy • Blockchain Corporate Certification Courses offering through www. Genuinitylabs.com • Blockchain Consortiums setting up and scaling up for different domains.
Srini with Abhishek Singh IAS, CEO MyGov At present, the company is primarily fixated on Blockchain implementation via its exceptional solutions for its clientele. It is also pursuing a few of the projects in line with the implementation of Supply chain traceability. Aditya Birla Group, Atomberg Technologies, Heirloom Seedlings &Plants Limited(HSPL) are the three eminent names for which they have been handling major projects to enhance trace solutions as per their product requirements. Moreover, they have also been implementing employee rewards programs backed by www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
Blockchain for companies like Atomberg Technologies, Vivo Life sciences etc. Furthermore, in order to offer end-to-end technology solutions in Digital Transformation drive in favour of its clientele, the organisation has a strategic alliance with two esteemed Indian corporates who are leading in the latest technology domain— Accubits Technologies Ltd and Natsoft Consulting LLC— to enable MMAPL to offer end-to-end solutions in Digital Transformation for its clients. Both the companies have been bestowing MMAPL the executional bandwidth for their projects in a win-win way with a revenue-sharing approach. 12
TRUST- CORE BUSINESS VALUE MMAPL stands firm on trust being its cornerstone in whichever manner it serves its customer- base. Moreover, this trust factor has made their teams collaborative enough to make out-of-the-box offerings possible for the clients. To them, the client’s success is the foremost priority and establishing synchrony with the team members, competitors, and partners too have been their motto since day one. And with the unfaltering focus on their client’s benefits, they have always strained every nerve to make a difference to their side. Proper synchrony between the clients’ expectations and their service deliverables testifies the quality of the solutions execution and their acceptance among the customer base. THE KEY LEADERSHIP BEHIND MMAPL It all started in 2012 when MMAPL was incorporated as a Corporate Strategy and Business development consultancy that was primarily aimed at catering unequalled services being an outsourced CXOsfor Micro, Small & Medium enterprises that can facilitate them with exponential growth.
ABOUT THE COMPETITIVE EDGE
After the company celebrated its 3rd anniversary, its founder(also CEO) Srinivas Mahankali, joined the corporate mainstream as CIO & Chief Strategy Officer of India’s leading Integrated Logistics Company, Apollo Logi Solutions after crossing a brief period of serious illness. And this is where he came across Blockchain implementation methodologies. A brief of his career trajectory has been outlined below— • He has acquired the stature of being the first Blockchain employee in a Government of India promoted Organisation, NISG. • Also, he has been an imperative part of the Advisory Board of state governments on Blockchain, DPRs and RFPs. • He has been the Program Director for the first University Certified Blockchain Post Grad Diploma course in India by Amity University. • So far, he has trained more than 500 students and has conducted as well as participated in over 100 webinars. • He was the key person to set up Blockchain COE in 2 organisations— ULTS (ULCCS group, Kerala) and NISG.
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Moreover, he was associated with ‘Careers of Tomorrow’ by Amity University and allowed them in launching a Post Graduate diploma for working professionals in terms of blockchain and Emerging Technologies. He was the very first employee of Blockchain Centre of Excellence at ULTS— a subsidiary of Kerala’s oldest and largest Cooperative company ULCCS. Here, his competence was utilised in formulating the COE into a 30-member organisation while working on a plethora of projects in the process. He played an instrumental role in one of the first Government implemented Blockchain projects in India, by Kerala Police to issue police clearance certificates to the citizen applicants. In order to boost the Blockchain department in India, he joined NISG (National Institute for Smart Government) and contributed extensively in favour of a number of projects, such as— National Strategy for Blockchain, Land Records, Blockchain in Agriculture, Blockchain in Healthcare management, Blockchain in Supply chain and many more. Additionally, he has hosted training programs in Blockchain and emerging technologies for Government officials across central and state governments.
Srinivas’s passion for Blockchain technology has stimulated him to author over 15 books on Blockchain and Emerging Technologies in the past 3 years. All of his books are available on Amazon. And his very first book—’Blockchain the Untold story has now become one of the top-rated books on Blockchain across the world and it ensures full coverage of the journey of Blockchain from the inception to the future. After leaving NISG in March 2021, he decided to resume his company’s( MMAPL) operations alongside working in the domains he is passionate like Blockchain, Strategic Management, Innovation and other Emerging Technologies for Training, consultancy, products and project implementation. For most of his endeavours, he is adjoined by a team of adept and fervent Blockchain and latest technology evangelists to change lives with this amazing technology while building trust in all real-life transactions.
“Presence in the entire value chain from education to consulting to development and implementation across all the domains of Blockchain through our own employees or that of our strategic partners offers us a strong advantage in the market place making us a preferred choice for our customers as we scale,” elucidates the Founder while addressing the differentiating factor of MMAPL. Backed by a robust team of Managing Partners, Consultants, Advisors and team members, MMAPL has managed to extend its adamant geographic presence across the length and breadth of the country. With their well-experienced, competent and well-reckoned partners, the synergistic approach ensured by them straddles every domain of Blockchain is what gives them a leading edge in the space. And the team- member’s passion and intrapreneurship strategy in businesses is quite difficult to imitate by their peers or any other corporation. Moreover, its presence in the education & training, consulting and implementation of new technologies bestows it with innumerable benefits and grants it the groundwork for better prospects.
ROADMAP TO SEAMLESS DELIVERABLES Srinivas explained that the Blockchain projects are usually prolonged projects, requiring a lot of time as well as energy for sales conversations to transform into orders and the same goes for the implementation and project closure. For a perfect flow of operations, the administration ensures appropriate training and education sessions for all the respected team members. Proceeding ahead with the stepwise action plan, they deliver an appropriate action plan that can effectively address the client’s pain points. Empathy, ideation & brainstorming, prototyping, deploying and scaling up solutions across the businesses are the linchpins to deliver excellence to their clients. 13
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A few of the primary stages of their project implementation process are— • Acknowledging the problem while empathizing with the customers • Designing the aspired solutions • Deployment of solutions by undertaking proof of concept, pilot project implementation and fine-tuning for perfection. • Boosting the project by the distribution of implementation across the organisation alongside the entire ecosystem. Capital outlay and nascent cash negative are accompanied by augmented business functions, dramatic cost reductions, enhanced customer satisfaction and increased profitability and productivity. With strict adherence to the intention to ensure the best-in-class solutions to the clients, the team members ensure to keep them well-informed about financial implementations that allow them to surpass clients’ expectations too. INSIGHTS ON TECH-LANDSCAPE MMAPL’s incorporation with the tech landscape via their partner’s and advisors allow them effortless participation in industry conferences and training sessions. Emphasising training programs, workshops and seminars pertaining to the emerging technologies, especially focused on Blockchain help them stay in harmony with tech trends. Constant upgradation to the latest technology facilitates them to render outstanding solutions to their end-customers. Their tech partners and advisors have been operating on some cuttingedge tech-based projects across Dubai, the US, Australia, Singapore and Thailand. On that note, Srinivas cites, “We benefit from the exposure of these assignments and also from our customers who challenge us and urge us to be on the exterior fringes of emerging technology adoption always.” PROMINENCE OF R&D R&D has always been instrumental in MMAPL’s success. For the past 3 years, their core R&D team with 15 adept professionals has been diligently ideating on formulating solutions for various use cases. Their sheer indulgence in R&D has opened a broad scope for them while solutioning. By relying upon case-related research accompanied by platform, technology and programming related research, they are building better opportunities to collaborate in a much efficient manner with like-minded educational institutions and other enterprises as well as start-ups. Keeping an innovative approach to resolve the customer’s pain points at the forefront, their strategic long-term research enables them to scale up any business at a much faster pace. The Founder claims that R&D has to be an integral part of the operations to sustain and become successful in this deep technology domain and organisations in the same space must put heavy emphasis on it as well. WILLS AND ESTATE SETTLEMENT In case of death or dying scenarios, Blockchain can prove to be an efficient tool to manage the demised person’s estate and other property. Management of the possessions and assets that have to be transferred to the relatives of the person is a tremendous challenge. The most convenient
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manner to deal with this issue is to hire a lawyer who writes a will or testament that specifies who should inherit what after a person’s death. But, Srinivas asserts that this process is rife with problems where there are many possibilities that a demised person’s loved ones won’t be able to inherit his hard-earned riches. Hence, in estate settlement process could be made effortless leveraging Blockchain. “By registering wills or inheritance wishes on a blockchain, many of these problems could be avoided. The data would never be lost because it would be stored permanently on the blockchain. Blockchain-based wills would also be easier for people to modify and view throughout their lifetimes in order to keep them up to date via Blockchain Certified LLP & Start-up records Management, Blockchain certified LLP, to help start-ups in tracking their compliances and valuations in real-time. The shareholders and founders can also manage to track their respective share of their businesses,” continues Srinivas. EXCLUSIVE EMPLOYEE RECOGNITION PROGRAMS The Blockchain-based employee recognition programs offered by MMAPL has enticed Atomberg and Vivo Life Sciences who are quite interested in its implementation. At present, Atomberg has over 600 employees and Vivo life has over 100 sales professionals who could be included under these programs. Though they have an existent reward and recognition program in which ‘the employees are rewarded with instant cheques of Rs 100/- each for every act worthy of praise and recognition, now both the brands aspire to automate this program leveraging the Blockchain platform, that allows the employees to be instantly rewarded with Blockchain reward points that are approved and credited in the form of ER coins. These points can be easily encashed for event participation, merchandise purchase, food & entertainment coupons or tax deducted salary credits, which is quite extraordinary as well as exclusive. Its operational roadmap includes the following steps• The organization releases a specific number of coins to the leaders to be used to reward employees during the quarter. • Leaders award coins to employees for achieving desirable outcomes, based on pre-defined criteria • Employees redeem the coins for vouchers or choices of events that match their interests. WORTH MORE THAN A GLANCE Though MMAPL is a 9 years old corporation, it has only started working on its targeted core domains in the past few months. Making swift strides, the administration always aspired to be relevant than being competitive in its targeted market. Thereby, even in such a short span of the company’s operational period, it has been able to grab eyeball owing to the following reasons— • Srinivas Mahankali’s books on Blockchain have become top-rated on Amazon with over 300 – 5-star ratings. And we also recognize and appreciate his contributions to faculty development programs in a few Universities. • Accubits Technologies and Natsoft— their strategic partners have been highly acclaimed for their achievements. Accubits Technologies has bagged the Frost & Sullivan Award for the ‘Most Promising
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Blockchain Consumer Application of the Year in Logistics/Supply Chain’ in India. The award was presented at the 16th edition of the 2018 India ICT Awards on June 21st in New Delhi, India. GLIMPSES OF THE FUTURE OUTLOOKS For the years ahead, MMAPL has envisioned becoming ago-to company for launching Blockchain projects for enterprises across the industry such as— Supply chain, Healthcare and Document management. Mr.Srinivas added that the administration wishes to make the company a leading Blockchain based artist marketplace for creators and also facilitate the start-ups and enterprises in keeping a track of their records and key documents by leveraging Blockchain technology. Apart from this, they intend to help the Indian population in their Wills Management process safely and securely via Blockchain driven portals. And last but not least, they strive to allow the Indian Entrepreneurial Ecosystem to be benefitted by appropriate infrastructure and support system by being a reliable partner for their highly-valued Blockchain Projects. A MESSAGE TO OUR READERS BY THE LUMINARY “Let’s turn your Venture/Concept idea into a successful app with our expert Enterprise Business Applications development services & solutions made to fit everyone’s budget. Technology has always been an integral part of our lives, and its role in our overall growth is only going to increase in the coming future. It is only by accepting the new technology evolutions and adapting ourselves and our business processes according to them can we ensure optimal future growth.” TOGETHER, WE CAN REACH NEW HEIGHTS! Companies should incorporate a suitable technology or a combination of technologies into their operations to succeed in doing business and outperform their competitors for long-term impacts. Each of these above technologies has a lot of power in terms of how they fit into your company’s Digital Experience strategy and how they may work together to have a significant impact on your business.
Srini with book Lost in Pandemic Found in Pandemic
By 2022, organizations with diverse IT-business collaborations will deliver business outcomes 25% faster than their competitors. Blockchain, IoT, and AI are key technologies driving the next wave of digital transformation.
Business Connect is a goldmine of information for start-ups and entrepreneurs to understand the best practices across the various enterprise domains. It highlights the major opportunities in the environment and best practices undertaken by leading companies. It also offers an opportunity to reach out to the B2B target audience through cost-effective marketing campaigns.
If you want to maximize the value of digital transformation technologies for your company or are looking for a partner to assist you in implementing a project like this, please connect with us via our official page and we will be able to provide you with the best solution to your business challenges.
Entrepreneurs should take the best advantage of the resources and services offered by Business Connect to fine-tune their offerings and scale up by addressing the target audience cost-effectively.”
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Su cc es sS to ry
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VANDANA LUTHRA Founder, VLCC
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Vandana
The Founder of VLCC
Luthra
Often women have to face a lot of restrictions before and after marriage because of these judgmental societies. But we cannot blame every society because there are a lot of societies who have changed their own old thinking and stared respecting women. I’m going to share a woman entrepreneur journey from a young mother to an entrepreneur. Her name is Vandana Luthra who is not just a great mother or a wife but also a better entrepreneur. I hope you will learn something from this article.
INTRODUCTION
Vandana Luthra is an Indian inspirational entrepreneur who is the founder of VLCC Health care Ltd. The company sells beauty products and wellness conglomerate. The company is dispensing in the Middle East, Africa, Asia, and Europe. In 2014 she became chairperson of the Beauty and wellness sector skills council that is not a profitable organization, the B&WSSC gets financial support from NSDC which comes under the Ministry of Skill Development and Entrepreneurship.
PERSONAL LIFE AND EDUCATION
Vandana Luther was born on 12 July 1956 in Delhi. According to Wikipedia, she grew up in an educated family, her mother was running charitable Trust and her father worked as a mechanical engineer. She completed her graduation in Delhi and decided to go to different countries (Germany, UK, and France) to gain expertise in beauty, skincare, fitness and food and nutrition. In 1988 she got married to Mukesh Luthra. She has two daughters.
VLCC
In 1989, Vandana found a company called VLCC as a Wellness centre. initially, she stared the company in Safdarjung Development Area New Delhi. Now VLCC has become famous not only nationally but internationally. Today the company offering a plethora of services like Slimming, beauty & grooming, laser, hair transplant and many more. Currently, VLCC is one of the most leading Beauty and wellness service industry in India. The company is operating the service of more than 326 locations in 153 cities and 13 countries. VLCC has employed more than 5000 people including medical professional and nutrition experts and cosmetologists and beauty professionals. In the present time, VLCC has set up manufacturing plants in Haridwar India and Singapore. The company produces and sell the product like skincare, body care product, and hair care. As per Wikipedia, These products are also marketed by 100,000 outlets India and more than 10,000 outlets across the middle east and Africa. VLCC is providing a vocation training course that is known as the VLCC Institute of Beauty & nutrition. Presently the institute has become one of the renovated vocational education academies in the beauty and nutrition training segment. She elected as chairperson at BWSSC. The organization is not profitable and has a moto to teach the skills to those women who have financial issues. BWSSC has opened so many skill centres, so if any women who are interested to learn beauty skills, you can check out the website.
PHILANTHROPY
Vandana is also running a charity that provides scholarships to underprivileged and physically challenged people. She is the VC of the NGO called Khushii. This NGO is working on different projects like vocational training facility, education with midday meal facility to 3,000 children, and telemedicine centre. According to Wikipedia, she is a member of the Morarji Desai National Institute of Yoga.
ACHIEVEMENT & AWARD
In 2013, Luther received India’s fourth-highest civilian honour Padma Shri award from President of India Pranab Mukherjee according to The Hindu. In 2012, she got the Asian Business Leaders forum Trailblazer award. In 2010, she won the Enterprise Asia Women Entrepreneur of the year award. From 2011 to 2015, she got listed 50 most influential women in business in India from Fortune magazine’s annual.
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CONSULTANT
OF THE YEAR 2021
ENDMILE TECHNOLOGIES PVT. LTD.
A CULTIVATED NAME IN E-MAIL SERVICES AND MARKETING AUTOMATION SPACE Dr. Amit Mishra | Business Connect
SUNIL BAGHEL | Founder & CEO
With the advent of enhanced technologies, transactional e-mails have become a prominent service, for a customer. On another note, the utilization of digital platforms like e-mail, social media, websites, etc., has taken marketing to a whole new level. Endmile focuses on bringing these two services under a single umbrella. AN EXCEPTIONALLY SEASONED BRAND Founded in 2011, the Company has established a remarkable position in IT-sphere of Bhopal, Madhya Pradesh and Gurgaon, Haryana. With a myriad of exemplary services, Endmile has propagated thrived into various verticals like IT, Finance, Real Estate, etc. The Company works with some of the renowned players in the market Such as Arihant Capital, Airtel, TechMahindra, etc. Endmile was envisioned, by Mr Sunil Baghel. With a BE in Computer Science, Sunil was able to comprehend how enhanced technologies will change the face of the entrepreneurial arena. He started Endmile in a period when digital technologies were emerging as a prolific platform. However, within a year of inception, Endmile scaled-up its growth and presently is one of the pioneers in Digital Communication & Marketing space. CLIENT-CENTRIC SERVICES Trust and Faith are the chief pillars in a business. In his entrepreneurial journey, Sunil has witnessed several brands with excessive services, which often derails the main focus. Endmile assures its services attributes the data provided by the client. Its categorized collection is based on the coveted needs of clients, which helps them maintain a trustworthy image in the market. The transactional E-mail encircles, Triggered Emails, Signup Emails, Sale/Buy Receipt, Order status emails, Notification Emails, and lots more. Endmile’s adept platform helps customers www.businessconnectindia.in | Vol. 3 | Issue 4 November 2020 INDIA www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
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understand the conclusion of their actions during any commercial transaction. On the other hand, e-mail marketing is another segment of their venture. The Company proudly stands as the ‘fastest Growing Marketing E-mail Delivery tool’ in the market. They do an in-depth analysis of the client’s business and gives them access to their digital platform, which helps in generating fruitful leads. As if this is not enough, the Company also scrutinize the recipient E-mails to provide genuine leads. This particular feature further qualifies their integrity and helps clients with cost reduction. The Company also provide a suitable Technical Account Manager who responsively seeks feedbacks and helps clients with their queries. EMAIL SERVICES AS PER RBI DATA LOCALISATION CIRCULAR -2018 A notable example of their E-mail services are compliant as per RBI data localisation circular where all data is being stored in India only. They maintain a dedicated infrastructure for every client; This helps in data secrecy and privacy. They conduct third party security audit time time to make sure better security features of the platform. FLEXIBLE TO CONSTANT TRANSITIONS Technology is a transitional platform and Companies need to be flexible to grow. Endmile has accommodated every contemporary innovation in its tech-platform. Customer’s play an integral part in understanding
maintains a very non-judgemental look towards employees and always empowers them to be better than the present.Many of their pilot employees are still working with them further displaying a minimal attrition rate. Furthermore, Endmile has a very flexible time-frame (9 to 5 for five days a week), which separates it from the flock. Adhering to the ongoing challenges, they have maintained the time-frame, so that employees can maintain balance between work and personal life. Besides this, they provide salary advances and also rewards employees with increments based on annual performances.
R&D plays also plays a crucial role in accommodating transitional features. Endmile has a dedicated R&D team, who delves into the market arena to bring out beneficial innovations (programming languages) for its platform, for e.g. Java, PHP, Python, etc. Additionally, Endmile is working with various data centres at various locations like the USA, India, France and Canada. These data centres have servers, which helps in processing data to procure solutions. ADDRESSING THE COVID-19 CHALLENGES With the rapid propagation of COVID-19 cases, business enterprises had taken a significant hit. To contain the situation, Govt. came aboard with the lockdown initiative, which further escalated the challenges. Stationed in one of the significantly affected states, Endmile suffered substantial losses. Recalling the situation, Sunil asserts, “Our business took more than 40% loss as communication with most of the clients went downhill”. However, they didn’t give up! With the commencement of the lockdown, Endmile started their Work From Home policy, which eventually
helped them recover their losses. On another note, employees sustainability was an undeniable aspect. They ensured timely salaries and complete benefits, which assisted in sustaining the employees.Despite the incurred losses, Endmile proudly stands with a 100% retention rate, which is one of their laudable achievements. INFRASTRUCTURE THAT MAINTAINS QUALITY Endmile measures its quality on how each marketing campaign is performing. Every client is provided, with a unique ID through which the Company can monitor if E-mails are arriving at the desired inboxes. The Company daily monitors the lead generated in each campaign and provide an appropriate resolution to queries. For this, infrastructure plays an essential role. Endmile has hired a leading Data Centre Technology vendor, who helps them maintain consistency for diverse workloads. The vendor Company uphold the complete maintenance of Endmile’s infrastructure (power, temperature, etc. of servers). Furthermore, the Company has back up servers that help them preserve the client’s data, in case of unprecedented malfunctions. A DEXTEROUS ENVIRONMENT Endmile workforce is one of the prime pillars, that has grown it into a dominant player in the marketing segment. What separates its workforce from others is the enthusiasm towards the Company. Since their entire operation levitates on an innovative platform, the workforce enjoys working on novel features every day. Another notable factor is the transparency on every level. The leadership panel 21
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For its unparallel services, Endmile was listed, in the top 3 in the “10 Most Promising Sales Management Software – 2018”, by ERP Insights Magazine. A PROMISING OUTLOOK In the coming years, Endmile is aiming to flourish to other verticals of the industry while expanding their arena as well. They are foreseeing to accommodate a new feature in their service, they call it, Online to offline marketing. In this feature, clients will be able to display the content available on E-mail on a digital banner for widespread digital marketing. The Company is willing to achieve this in the next 2 years. On another note, the Company is aiming to incorporate technological enhancements in their AI to ensure better services and also expand the usage of Data Analytics. A TOKEN OF ENLIGHTENMENT
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To start a business, first understand the vertical and devise a client-centric product, which stands parallel with the market trends. Furthermore, if you’re a tech-entrepreneur, do have the cognizance of emerging technologies and those used by the peers. Sunil Baghel
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trends. The Company values its client’s feedback as a prime source to understand the market needs. As such, their dedicated account manager visits clients and receives feedback against every accommodatedand awaiting feature, in the platform. A notable development is the updating of the client’s database. If clients are moving to foreign locations, the Company’s platform identifies it and updates it in its database accordingly. These eventually help clients provide better services to their customers.
MILESTONES ALONG THE WAY In its nine years of business, Endmile has put several feathers in its cap. Starting in a 200 Sqft location, the Company presently stands on a 1200 Sqft area in IT Park Bhopal. Their constant innovation in the platform has brought key players in the client base like Safexpress and Policy Bazaar. The Company has successfully dispatched 2+ Billion E-Mails in the last five years and has managed 2,00,00 + Mail Boxes.
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CONSULTANT
OF THE YEAR 2021
GAC CONSULTANTS Helps global companies set up a successful business in India
F
Indranil Roy | Business Connect oreign Direct Investment is regarded as the most significant factor in the country’s economic development. This, however, is contingent on the country’s political stability, which includes the absence of conflict, the Indian government’s durability, credibility, and successful decision-making, both of which influence the country’s growth. Given these conditions, India is now regarded as one of the world’s largest economies, owing to its sound economic policy and easy access to international markets, which facilitates doing business in India. There has been a lot of discussion around multinational corporations’ plans to shift their heavily intertwined supply chains from China to India. India sees this as an opportunity, but it would take a lot of hard work on the ground to reap the gains of all such moves. The government has implemented various reforms aimed at improving the ease of doing business in India. Since 2014, the Indian government has implemented a number of successful reforms to make it easier to start a company in India, as well as a smooth forum to develop a business-friendly atmosphere for international investors looking to invest in the Indian market. Also, GAC Consultants has been constantly helping Indian start ups and businesses raise capital and take them global Such impressive efforts can be seen from the beginning of a market to cross-border trade and defending minority investors.
Amandeep Singh Bhatia Director & Co-Founder
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To entice more foreign companies to move to India from China, India has promised a robust and reliable regulatory regime as well as incentives, especially in high-tech areas. The government’s efforts to increase the ease of doing business have paid off, with the nation jumping 12 places in the World Bank’s latest ranking. According to the World Bank survey, India is one of the countries that has made the most progress, capturing the government’s initiative in a separate section, noting that the country has reduced the time it takes to form a company in India and has generally streamlined the overall process of starting a new business in India. In that context, we need to go hand in hand with the government policies to support and promote global companies coming to India to set up their business. GAC Consultants came up with the idea to help international SME understand India better. The motive & motivation is of ‘atithi devo bhava’ to showcase India in the right light to the world.
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“India as a country has a large market to offer to the world. India is complex for outsiders. So international businesses requires professional trustworthy friends who can guide them to understand Indian soil better. We help Global SME Set up-Scale-Sustain” says Mr. Amandeep Singh, CEO at GAC Consultants.
THE INSIDE STORY
GAC Consultants is an organization with 100 + years of combined experience of top management professionals who have achieved big in their respective fields over the past several years working with fortune 500 and billion-dollar firms. GAC Consultants offers global SME entering into India its services ranging between setting-up-scaling up and sustaining.
“We understand India’s complexities and guide clients to solve the Rubix cube of profitable and sustainable businesses in India,” adds Mr. Sriram Kavikondala-chief mentor and advisor, The difference and value GAC Consultants bring to the table is in the Indianize approach, helping companies
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find their India fit while following the global best practices and having a core focus on creating IP for them.
“We typically adopt clients’ businesses and make them ours while acting as GIG management until they are comfortable in India,” explains Mr. KMS Sreenivas-Chief Advisor and GAC
In the coming years, the team wants to have a better understanding of the startup ecosystem in India. They are keen to become angel investors and incubating early-stage startups. “We see ourselves working hand in hand with Global SMEs keen on exploring Indian markets. We will be acting as an advisory to them. Hand holding them to understand India better.” feels the CEO. He adds, “In 5 Years we see ourselves as an organization known for its honesty to deliver Indianised consulting solutions to Global players and helping young Indian companies to be globe ready and to participate in the global supply chain.” The CEO highly credits the role of mentoring in the success of his company. He explains “We strongly believe mentorship is of primary objective and it leads start-up firms to stay relevant and aligned to larger goals. Being around mentors helps us stay motivated and always inspired. Need analysis helps us achieve innovative offerings and product enhancements.” The Indian government has been making a pitch for a greater share of global manufacturing targeting foreign investment in fields as diverse as defense, infrastructure, and space, and promising to implement significant systemic reforms to make India easier to do business. As a new age of diplomatic tensions between the US and China makes Western businesses wary of their reliance on the world’s second-largest economy, India is moving to make the nation the center of the global supply chain, enticing foreign corporations to set up manufacturing facilities in the region. It’s a huge opportunity for every citizen to support the initiative and the efforts in making India a self-reliant nation. Efforts made by GAC consultants in building a factor of trust in the Indian market and creating an atmosphere where the global companies can successfully thrive is really commendable.
Mr. Amandeep signs off with a message on how his company helps global companies “GAC Consultants will help you set up your company and provide support services to help you accomplish your goals. We will assist you in starting your investment journey in India. We ensure that you get the best out of your foreign investment in India thanks to our expertise and skills. International businesses and foreign investors seeking to start or grow their businesses in India can rely on us for all of their needs. ”
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CULTURE
Tips to Drive Diversity and Inclusion at Your Workplace Over the past few years, diversity and inclusion in the workplace have always been hot topics. It should be because a diverse workforce (in age, race, religion, nationality, sexual orientation, and gender) has the ability to bring diverse viewpoints and perspectives to the organization, these elements can aid you to produce great products and great new ways to cater to consumers. But it cannot be possible without inclusion (collaborative, supportive, and respectful environment). Many types of research have shown that there is an inherent link between diversity and inclusion. Many strong companies value D&I policy, so do you. Having such kind culture make employees feel more secure and confident. In that case, they can perform better.
Here I have given 4 tips to drive diversity and inclusion at your workstation. SECURE BUY-IN FORM LEADERS
Former PepsiCo CEO Indra Nooyi once said, “Just because you are CEO, don’t think you have landed. You must continually increase your learning, the way you think, and the way you approach the organization.” This is entirely true for driving diversity and inclusion in the workplace. It isn’t enough for any company to have policies in place if they are not being made law. Tone and retheme of activity come from those most visible. So, diversity and inclusion must be led from the top and then lived by all through the organization. A meaningful step towards the right direction makes
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changes. Leaders run the culture and buy-in from the senior staff can ensure a greater chance of adoption. A great team also requires a leader. A leader, who understands team perspectives, creates a sense among team members that they belong to this place and works to develop a deep sense of alignment and camaraderie. This kind of culture stretches beyond a “diversity quota” in the recruitment strategy and needs to be grown from leadership. The perception; diversity and inclusion are embedded in each aspect of the organization is important for its overall success.
whether it’s learning about special rights in the workplace, how to ease implicit bias from interview panels, or even had experiences of marginalized groups, these are all vital pieces of information in the cause. Now the question is, what is the best way to learn? There is a lot of free and paid training program available on the internet pick best one.
DISCUSS YOUR DIVERSITY POLICY OFTEN AND CLEARLY
Many companies start their diversity and inclusion policy with a perfect plan. But when it comes to discussion, most organizations get stumbled. In order to sustain the policy D&I, often communication is imperative for success. Also, do not forget to follow-through with the plan. The diversity policy makes the base of your organization commitment and posture. It should be consistently promoted; otherwise, it lips the service. Ensure it isn’t just on your web page or in siloed company folders. Put the contents on newsletters, and social media, even use official email to demonstrate that you not only talk the talk. Similarly, that having leader commitment supports the effort, so does your often conversation. It should be followed in two- ways, first by encouraging feedback from your employees and others communicating regularly.
PROVIDE TRAINING AND EDUCATION
In order to proactively demonstrate your commitment to diversity & inclusion, you have to organize training for this policy. It will equip your teams with a deep understanding and practical skills to make sure a more inclusive workforce. As vital as getting a leader to buy in is, each and every team member also need to recognize their key role to support the culture. And it should start with educating team members. So,
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ENHANCE THE VOICES OF MARGINALIZED
Your workplace can switch into a breeding ground for microaggressions toward underrepresented groups. In that case, it is difficult for those minorities who work at your place they unsure enough to raise a voice. So, it is crucial to learn how to disturb department and space, privilege, and power. Changes you will be experiencing when you become an effective ally for others. Look around the offices and meetings. Note down on your diary, who isn’t there, and raise this issue. To not let the workplace be a breeding ground, one should be able to bring their best self so that everyone can work and feel comfortable to contribute. Moreover, establish resource groups is another great key to make your team member’s voices heard.
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CONSULTANT
CONSULTANT OF THE YEAR 2021 G-Info Technology Solutions Pvt. Ltd. Marking Footsteps Through Cyber-Smart Security Sugandh Bahl | Business Connect Security is concerned with ensuring legitimate use, maintaining confidentiality, data integrity, and auditing in the network. Cyber Maturity Assessment involves security management, which is the process of identifying the assets, threats, vulnerabilities, and taking protective measures, which if not done, may lead to unintended use of computing systems. The cybersecurity has leapt in current times, and one such market player in the sector is G-Info Technology Solutions Pvt. Ltd.
Naveen Dham
Managing Director & Founder The Founder, Mr Naveen Dham incorporated G-Info Technology Solutions or GIS Consulting with a mission to empower profitable growth of its customer’s businesses through adequate protection of customer’s “Information Assets, Networks and Applications” through the best of Industry’s “Security Consulting Solutions”.
The Company’s Mastermind The Company was incubated in the year 2016 by Naveen Dham and Co-Founder & CFO Prerna Dham with one team member named Shiv Kumar. GIS’s first consulting contract was with Panasonic, and after its exemplary performance in the first assignment GIS never stopped and added many feathers to its cap slowly and gradually.
The services provided by GIS includes cybersecurity compliance consulting, cybersecurity maturity assessment, cybersecurity testings, cybersecurity implementations, IoT & SCADA (Supervisory Control and Data Acquisition) security testing, cybersecurity trainings, and cyber forensics.
The CEO And Founder, Mr Naveen Dham is a veteran security strategist & holds a total of 19 years of rich experience in Information Security (ISO27001) implementation, maintenance, IT Security Auditing, and IT Service Delivery. He has been honored with Global Award in London in the year 2011 for his exemplary work in Information Security
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Implementation and IT Service Delivery Domains. He is a Bachelor of Technology in Computer Science and Master of Science in Cyber Forensics and Information Security. He is Certified Information Systems Auditor (CISA) ISO 27001 LA Certified, PCI DSS Implementer Certified from BSI, ISO 20000 LA Certified, Trained ISO 22301 Implementer. ISO9001 IA Certified, ITIL, MCSE and bearer of A Plus Certification from CompTIA. Certified Ethical Hacker (CEH) Mr Dham has built his team using his rich industry experience and in-depth technical knowledge which helped him to select the right resources and train the new staff as well. Today the group has expanded to 28 members including Chief Technology Officer (CTO) having
2.5 decades of experience, Chief Operating Officer (COO) having two decades of experience, Chief Financial Officer (CFO) having 1.5 Decades of experience, and 2 Senior Cyber Security resources having 15 years of experience. Total of cumulative experience of senior management is more than 100 years. Mr Dham advises to study the competition, conserve cash, research new products and services, listening to customer feedback, and response to change as critical strategies for developing a successful business. The Operations At GIS GIS Consulting has seven strong pillars of its organization, and the senior management team possess ample experience in maintaining these domains efficiently. These include marketing, sales, technology, operations, finance, legal, and HR. With a vast experience in the cybersecurity domain, and with Cybersecurity Maturity Assessment service, the Company helps its clients understand the loopholes in their infrastructure, which may lead to data theft and denial of services. By conducting a combination of interviews, workshops, policy and process reviews and technical testing, the team at GIS takes a complementary view to manage cybersecurity. The assessment identifies current gaps in compliance and risk management of information assets, assesses the scale of cyber vulnerabilities, and sets out prioritized areas for a management action plan. GIS is winning faith by providing best in class services at a reasonable cost and ensuring that they don’t mislead clients in any manner by bringing transparency into the system. The Company offers its clients with the elucidations to close the gaps with economical or zero cost solutions using open source technologies, unlike the competitors who may land the clients into huge investments on different solutions to complete the audit gaps. Once ISO Standard is implemented, the organizations require to undergo periodic maintenance and Audits to ensure that the system is being maintained on a real-time basis to ensure the upkeep of effective compliances, this tech-savvy Company also provides such maintenance services.
The organization has been instrumental in providing Cybersecurity & Information Security Consultation services to the various organizations of respectable repute such as Panasonic, HCL Infosystems Ltd, Punj Lloyd Engineering, Stellar Data Recovery, Usha International Ltd, Sandhar Technologies, Apollo Munich Health Insurance, Max Health Care, Religare Health Insurance, Eli Research, IRCTC, Celebi Airport Services, AuthBridge, AIMA, Espire Infolabs, Oxigen Wallet, CMS Computers, IIT Roorkee, Maharashtra Hybrid Seeds Company, and Radhasoami Co-operative Bank. Research & Development At GIS GIS Consulting has its research team who are always on toes to evolve new means and methods to find loopholes in new technologies developed in the industry. The recent example to support this is the introduction of IoT & SCADA. The R&D Team at GIS helps the Company achieve Numero Uno position in the industry by researching the new methodologies of security assessments hence ensuring that they are always ahead in the race concerning the competitors. Moreover, the Company has a Quality Assurance Team built inside their system, which ensures that the results of the assessments are cross-checked before it lands on to the client’s table. The competitive advantages of GIS Consulting includes the evolution of solution with the help of researchers to monitor and log the security attacks using the opensource technologies which no other player in the industry does. The Business operates on the following principles: honesty, integrity, trustworthiness, loyalty, fairness, concern for others, respect for others, law-abiding, commitment to excellence, leadership, reputation & morale, and accountability. To maintain the enthusiasm of employees, GIS Consulting works hard and party harder, which keeps everyone motivated. They find ways to throw a party and assemble a get together with team members which preserve the environment lively. The team members call it a home away from home. 29
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Awards & Accolades GIS got extensive media coverage due to the discovery of malicious application in Google and Apple store. Started with Delhi, now the Company has expanded its business in USA, Canada & UAE as well. The Company was rated as one of the Top Ten Most Promising Cyber Security Companies in India by Silicon India Magazine, and it received appreciation from US Airforce – Department of Defense for finding security gaps in their applications. The Company helped IIT Roorkee to strengthen their cybersecurity posture by conducting an in-depth security assessment of their critical infrastructure. Further, the Company was selected for “Best Initiative Award” by Chhattisgarh Government which will be presented on 15 Dec 2020 under the noble initiative taken towards complimentary Cyber Risk Advisory & Cybersecurity Awareness for Startups, Schools & Colleges all over India. Moreover, GIS Consulting has started a “Secure India Mission” under which they have plans to launch a platform for the organizations across India to get their security assessment done by registering themselves on the forum. It is a Noble initiative through which the Company will generate millions of opportunities for youth by providing them with free cybersecurity training and by providing them with employment to earn their living.
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CONSULTANT
OF THE YEAR 2021
KOTHARI’S & COMPANY An Expert in Handling Financial Solutions in the Best Manner Indranil Roy | Business Connect
Poonam Chand Kothari Founder
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki Yes, it’s all about how you manage your finance! Just as ancient Greek playwright, Sophocles wrote, “Wisdom outweighs any wealth”. This statement is true in many cases as wisdom has a vital role to play in gaining wealth, especially when one has to manage finance in the best possible manner. The same is the case with various entrepreneurial ventures but due to being excessively busy and knowing that this aspect could not be ignored, they prefer hiring people and firms who could look after their finance. And this is where Kothari’s & Company pitch in. www.businessconnectindia.in | Vol-4 Special Edition September 2021 INDIA
Either timely making payment of taxes or satisfying client’s need by performing simple aspects like collecting their documents from where the representatives of the companies are, Kothari’s & Company do it all. To simplify this more, it could be said the company handles accounts, GST, Income Tax and much more for the particular firm and also deliver’s doorto-door services to the firms. Currently, providing their ‘one and all’ services at Ajmer under the exclusive leadership of Mr Poonam Chand Kothari, Kothari’s & Company has become a well-reckoned ‘Consultantcum- Accountant’. 30
INCEPTION TALE
In 1998, Mr Kothari began his own company i.e. Kothari’s & Company in Ajmer and the journey continued after that. Here, the company is functional in the accounts, taxes and other such areas. Many of their clients in Ajmer and outside too, have witnessed ease in getting rid of financial and legal troubles, which proves their quality services and expertise.
IN THE HANDS OF AN EXPERT
With expertise in accounting, the founder of Kothari’s & Company — Mr Kothari possesses experience of 29 years, which makes him an exemplary leader. Understanding the basics, he simplifies the problems for others, thus coming up with fantastic and cost-effective solutions. The company has an ideology that says— the clients should receive financial support services intelligently and cost-effectively. If few examples of their services are to be cited, then accounts, sales tax, VAT, Tally education, Income Tax are their targeted areas.
The types of accounts handled by them are Cash Book, Bank Book, Journal, Sale, Purchase, Expenses, Vouchers, Data entry. Bank reconciliation is also performed on a monthly basis.
The company believes that the Goods and Services Tax or the GST would help in controlling the stealth of tax and would be beneficial for the Indian economy in the future. The Government finds it far more convenient in monitoring the transactions. Previously, businessmen were in no mood to accept the GST and the consultants found it difficult too. As time passed, the Government of India gave ample time, information and also relaxations in penalty. As a result, everyone has started following the GST.
Also, debtors and creditors are positioned every month with their bill number and date that helps the companies in having a command on their accounts. Apart from all these, an internal audit is also done that ensures a cent per cent checking of vouchers, finding mistakes and doing corrections before the final solution is handed over.
SAME-DAY E-FILING OF INCOME TAX
“The GST is now regularizing business as businessmen now avoid late fees and interests by filing the taxes in time. The cost of basic products will not be increased due to the GST and the cost of luxury items will increase and therefore, it won’t affect the lower-income class”, asserts Mr Kothari. When Kothari’s & Company talks about the GST, then they boost-up for providing new GST/new Registration of a firm, Quarter-wise GST returns, Online Issuance of Road Permit and that too within the two-minute duration. The GST returns are done on an annual basis and also, e-payments of GST challan through their banking procedure, are performed. It would be inappropriate if it is not mentioned that for this, they do not ask for your firm’s bank’s password.
Kothari’s & Company provide clients with a same-day Income Tax e-filing facility. This makes it very much easier for those clients who forget to file their income tax on time or who leave it for the last day. Hence, their services come as a great reliever too for many. As the name suggests, all this is performed online. Having been associated with different CA firms, Kothari’s & Company aims at giving the clients convenience at a large and therefore, it says- ‘You are free from all tension and we have to file your Income Tax return after the finalization of all the accountsrelated works. Post the filing of Income Tax return, you will be eligible to get loans like Cash credit limits, Overdue limits, Personal loans, Car loans, Home loans subject to certain conditions.’
CUSTOMER-CENTRIC APPROACH
A Customer-centric approach is what Kothari’s & Company follows. It takes the responsibility only after understanding the client’s requirements and time constraints. To sum up, talking about the Goods and Services Tax/Accounts works to be done in time,
DIGITAL SIGNATURE- AN ADDITIONAL BENEFIT
Being an authorized partner of ‘SIFY’, Kothari’s & Company provides all types of Digital Signature facilities. This is another benefit or advantage provided by Kothari’s & Company. As far as accounts are concerned, Kothari’s & Company renders computerized accounting services through the software Tally with its latest version. They collect the documents of the company from the office or home and after finishing the required work in a day or two, return those to the desired place. In other words, it could be said that the accountant is available anywhere and everywhere. Then, after the completion of the accounting work, the company files the Sales Tax, VAT or Income Tax return as expected.
Mr Kothari without any hesitation stresses, “This is our guarantee to our customers that we will file all their GST, Income Tax returns in time.”
PROGRESS FORMULA
Kothari’s & Company values the bond it shares with the clients and this is what motivates and encourages them to continue their timely and unequalled services. To conclude, the company says, “We shall continue to work on our simple principle of ‘Work limited, Work in time, Provide services at the doorstep.” 31
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HEALTH
To live a healthy life, it is necessary to have a fit body and for that a healthy diet is really important. Having low-calorie foods for a healthy body with good nutrition is one of the key steps to a healthy life. Nowadays, people are into bad eating with the consumption of junks and a lot of oily and spicy foods, forgetting how harmful it can be for their body. It is still not late! Try to attain a healthy body by keeping a balanced diet.
Start eating food that has vitamins and minerals, which includes fruits & vegetables, a source of protein and whole grains. In the beginning, it might feel hard to change your eating habits but being focused on small changes, will help you to walk on the path to improve your health. Opt for foods that have a naturally low-calorie count with good nutritive value.
Here is a list of 5 Low-Calorie Foods for A Healthy Body that will help you to maintain a healthy weight and promote overall health & wellbeing.
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LEAFY VEGETABLES Green leafy vegetables are most common among those people who are health-conscious. These are some of the best low-calorie foods for a healthy body that delivers a lot of minerals, vitamins and phytonutrients and they are considered the most nutritious. One of the best green leafy vegetables for people who are into weight loss is Spinach, as it is packed with nutrition like Vitamin C, iron, magnesium, calcium and protein. It also slows digestion and keeps you feel full.
LENTILS These tiny little beans that come in brown, red, black, and green varieties are rich in a high level of protein and fibre. Lentils are good for boosting health as they have a plentiful source of folic acid and potassium that helps support your heart health. Lentils are best consumed as normal daal or as a vegetable soup, which has a very low-calorie count and the macros are good for a balanced diet.
CITRUS The bright, refreshing, colourful, fragrant and juicy citrus fruits are the best low-calories food for a healthy body that is not just delicious but are also rich in multiple nutrients like Vitamin C and Dietary fibre that keeps your appetite in control. Citrus fruits such as Lemons, Oranges, Mandarins, Limes, and Pomelos etc. are consumed for their numerous nutrients like Flavonoids, which are plant-based nutrients and Dietary fibre, which is a type of complex carbohydrate that is found in plant foods.
OATS A steaming bowl of freshly cooked oats drenched in milk is the healthiest breakfast you could ever have. Oats are rich in soluble fibres, which help in lowering cholesterol levels. This is considered as one superfood that can easily fit itself to suit your needs, which will boost your energy levels and will help you lead a healthy lifestyle.
GOURDS The family of gourds have Ridge Gourd (Turai), Bitter Gourds (Karela), Bottle Gourds (Lauki), and Pointed Gourd (Parval) etc. they are packed in a whole lot of nutrients. Gourds are high on nutrition, great for diabetics, aids digestion and boost weight loss. Gourds can be consumed in vegetable form, juice, or even it can be made in as a healthy smoothie by adding apples and spinach to it. Gourds are amazing to strengthen the immune systems and it contains anti-ageing properties, which boosts skin health.
Consumption of a wide variety of filing foods with a lot of proteins and fibre will help you fight cravings and when the above mentioned low-calorie foods for a healthy body are paired with maintaining an active lifestyle, it keeps you feel satisfied. 33
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CONSULTANT
CONSULTANT OFTHE THEYEAR YEAR 2021 OF
LIO CONSULTING PVT. LTD. Top-Tier Consultancy Services Sneha Chaudhary | Business Connect COMPANY OVERVIEW LIO offers comprehensive capabilities and deep industry knowledge necessary to help solve the most complex issues of an organization. It works across varied sectors and industries, providing business advisory services to mature organisations as well as startups. LIO provides business advisory services and covers services such as ideation, partner identification, project identification, strategic planning, feasibility, market entry, engineering design, project management and implementation, growth acceleration, etc in various sectors. A unique or a differentiating service that it provides is engineering consulting along with management consulting services. The company has two full time engineers, along with the Director himself, Mr. Sidhant Singh, and has a tie up with a Hyderabad based engineering design firm to carry out projects in this sector. Profitability of a business is equatable to the time allotted to a particular task. LIO’s motto is delivering exceptional services through a solution-oriented approach and high performing teams. It is imperative for the team and Sidhant to understand the brief of the client to the T. Understanding the needs of the client and getting all the available facts are key: from there they design a solution. They don’t use a ‘one fit for all’ strategy. Having access to the right stakeholders and experts assists them in providing quality and efficient service at reasonable prices. LIO’s vision is to provide actionable tailored services that unlock growth for businesses. The company aspires to provide more and more value to the clients. They are sector agnostic and have clients in sectors such as infrastructure, renewable energy, electric mobility, packaging solutions, fintech, health and wellness etc. LIO was launched by Sidhant after he finished his MBA in Imperial College, London. There he had the opportunity of pursuing a career at one of the Big Four, or starting up a consulting company in India. He chose the latter, as India’s position in the global business landscape was growing rapidly. Prior to becoming a Minister in the current UP Government, his father had set up two international engineering companies in India. Sidhant studied Civil Engineering in undergrad to have the foundation to enter into my family business, but after six months of working in an engi-
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SIDHANT SINGH Director
neering company, he realised that designing on a desk was not his cup of tea. He was happier networking and selling an idea or a project, and that’s how he joined consulting at Grant Thornton India and then went on to work with the International Finance Corporation. The thought of starting his own company had germinated by then, but it was important to understand the workings of the industry and to expand his horizon. WORK CULTURE According to Sidhant, the team at LIO is its biggest advantage. The team mirrors the vision and principles of the company. The team has weekly discussions on what they have learned and see if this knowledge can be applied to our company or client. A differentiating aspect of its service is engineering consulting along with management consulting, which are two very different fields of consulting. As mentioned, LIO works on four principles, and their vision defines them: 1. Quality 2. Efficiency 3. Integrity 4. Accountability These principals resonate the values and missions of their clients and enable them to form a synergy with them.
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At LIO, they have adopted business tools such as Microsoft Teams and Notion to increase the productivity amongst team members. There are bi-annual training sessions on new softwares and technologies. Big Data is playing a big role in how companies are marketing products and LIO is making progress towards adopting data analytics and content creation as services in its offering. The entire team has weekly review meetings of projects that they are working on and on a monthly basis they provide progress and action reports to the clients. There is also a layered review approach to all deliverables and the onus of the deliverable lies equally with all members, including the top management. A key aspect of providing quality service is delegation. Task delegation is important, and delegating tasks correctly, which includes both the right person as well as communicating the description of the task, is even more important. It ensures high standards of quality in the work of the team members and efficiency. LIO has a Friday lunch policy, where food for the entire team is ordered and everyone gathers around to eat and discuss the week and any new developments. The work culture at LIO is like a family gathering, where they applaud and criticize each other, but at the end of the day, they are all on the same page and working towards the same goal, i.e. to deliver exceptional service to their clients. Sidhant believes that leading with empathy is extremely important. EQ is something that’s not discussed enough in business and companies. The freedom for an employee to express themselves in their work and personal life at work is promoted at LIO. They also have a micro-reward program, where achievements for tasks are rewarded through small gestures such as gift-cards, etc. Also, having a structure in the company where affirmations and criticisms are equally welcomed, drives not just the team but him, as well. GOALS FOR THE FUTURE LIO is always looking towards deriving more value for clients. It’s an endless pursuit of giving more and more. They have identified Big Data as a potential addition in their service offering, Sidhant is most assertive about electric mobility, fintech and e-waste management. In electric mobility, the most important component is the battery and the evolving technology behind it. Battery accounts for nearly 50% of the cost of the electric vehicle. China is the global leader in battery manufacturing, accounting for nearly 60% of the global battery market share. India is expected to need 600GWH of batteries in 10 years starting from 2020. With the recent difficulties in trade with China, both for India and for other countries, there is a massive opportunity for local battery manufacturers as well as foreign companies to set up units in India. LIO is in talks with various electric car manufacturers and battery manufacturers to open shop in India. Fintech is another field that LIO has started working in and with India moving towards digitisation and with Covid-19 pushing consumers and businesses towards faster adoption of a cashless economy, Fintech is a lucrative sector and there are numerous components within fintech that they are looking into. LIO was recently placed amongst the Top 10 Consultants For Startups in India.
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My advice to entrepreneurs is to be patient and persistent. Whatever you choose to do, do it for the long term. Aspire to create value for your client/ customer and not your P&L, and don’t be afraid of failure – micro failures are better than any win, because you learn a lot more. And also enjoy your wins – sit back and soak in the achievement for a day or two, so that you are rejuvenated for what’s coming next. Sidhant Singh, Director
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CONSULTANT
OF THE YEAR 2021
SIDDHARTH MAHESHWARI & CO
.
Consultancy with Trust & Quality Indranil Roy | Business Connect
Chartered Accountants hold a distinct and prominent role in the economy. And to think, their responsibility includes overseeing just debit-credit of accounts, it’s actually, more than that. Of course, their core functions are based on accounting, but CAs play a much more integral role in nation-building. They use their wisdom and expertise to shape a viable financial framework that allows a nation to cope with its financial concerns in an organised manner while boosting economic growth in industries. Even now that our Nation’s economy strives to emerge from the decay, CAs are putting a lot of effort into it. Their roles may be related to budget forecasting, Tax planning, preparing accounts books, capital budgeting or other financial concerns, but in the end, they are maintaining a prominent status across segments. One such riveting Senior CA & Corporate Consultant is Siddharth Maheshwari. Through his Chartered Accountancy Firm, Siddharth Maheshwari & Co, he is catering a broad spectrum of tailored solutions to multiple industries & sectors with a worldwide client base, which attributes to the Nation’s growth.
SIDDHARTH MAHESHWARI Senior Chartered Accountant
SHAPING THE PASSION Hailing from a family of CA & Lawyers, Siddharth was determined to carry forward the family legacy from an early age. His vision was to shape Management Consultancy with more innovations and creativity. After completing his CA degree and masters in Finance & Taxation, he started working with his father, Mr. Rajan Maheshwari, a prominent Senior Advocate in Taxation and an eminent lifetime member of several International Institutions. After a period of learning and honing his skills at a top Management Institute (IIM-Ahmadabad), Siddharth began working on his vision - and in 2013, he incepted his proprietary Firm, Siddharth Maheshwari & Co. Later on, Mrs. Shilpa Maheshwari, (Siddharth’s Wife) - a CA having prior experience with Ernst & Young and Deloitte, joined him on board. Furthermore, they are supported by Mr. Saket Maheshwari, (Siddharth’s young brother) - a Financial analyst, MBA (USA) and his wife, Mrs. Swati Khaitan Maheshwari, MSc. Economics (London). Siddharth calls it “A family unified by values, culture and soft hearts”. Siddharth dedicates all his success to his mother Mrs. Latika Maheshwari, “My mother has been a large part of that force. I gratefully dedicate my success to my mother,” he adjoins. With such a supportive family and a passionate leader, the Firm saw a meteoric rise. Siddharth’s ingenuity, desire for learning, and capacity to think beyond the box also navigated it through highs and lows. As of now, Siddharth Maheshwari & Co. is a paragon in the pantheon CA firms, recognized for its trusted solutions. It works with 5000+ clients, including Indian and foreign from all verticals, like Automotive, Pharmaceuticals, Travel & Tourism, FMCG, Imports & Exports, Fashion Industry/Garments, Agro, IT & Technology, etc. A SNAPSHOT OF THE FIRM Whether it’s an aspiring entrepreneur or an established tycoon, Siddharth Maheshwari & Co. - is equipped to help both. The Firm is an all-inclusive parasol in accounting & taxation, focusing on prime concerns, such as Income Tax, GST, Corporate Finance, Audit, Accounting services, International Taxation, TDS and Payroll. It also works on Litigation and Scrutiny Cases, Export
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& Import Documentation, along with, services like Online E-tendering, E-auctions. On the other hand, it focuses on corporate consultancy to help companies earn their desired recognition. Siddharth has a forte in producing innovative ideas for Startups; therefore, the Firm is into Start-up consultancy in terms of setting up a venture, cost management, management setup, mergers & acquisitions, etc. Parallelly, the Firm is quite acquainted with technological developments. The accounting & taxation model has quite changed from what it was a decade ago. With the digital inclusion and govt. efforts to reconcile data, it has become easier to access information. “This has created a viable transparency between the government and taxpayers,” asserts Siddharth. Such transparency and Digitization enable him and other CAs, to work with more resources and deliver more transparent reports. THE CORE PILLARS Accounting and business consulting entail a fair bit of close interaction, which necessitates trust & integrity. The foundation of Siddharth Maheshwari & Co. is on these essential pillars. Siddharth’s family has been in this industry for over three generations, and preserving that legacy ensures clients’ trust and faith. He believes in quality over quantity and prefers probing through scenarios to understand individual concerns. “Once a potential client walks through our door, we ensure they find us viable,” affirms Siddharth. End-to-end confidentiality is maintained. The firm also places a high value on time and ensures to meet deadlines. Security of clients’ information also advocates trust. Hence, the records are preserved in a highly organized system with appropriate security measures. The Firm tends to keep up with innovations, which gives access to high-end infrastructures and technology (Software & Hardware). Its presence in every vertical, as well as proper source of information, improves knowledge. The resourceful framework has rewarded a 100% retention rate, a PAN-India client base and a strong exposure to the global market as well. PROPER BALANCE OF HUMANS AND INNOVATIONS Although Finance & Taxation are deeply influenced - by technology, Siddharth Maheshwari & Co. has maintained balanced integration. Clients can communicate through numerous communication channels, being supervised by responsible people. Even questionnaires to probe potential clients and understand
their concerns are prepared by individuals and not just machines. Nonetheless, the Firm has its own proprietary software to maintain the client’s database and uses 100+ accounting software in operations. The proprietary software has very limited access to ensure data caches are safe and maintained properly. Whether it’s clients or employees, everyone can access only their areas of concern. The balanced model helped in ensuring a fruitful business model amid the pandemic. While COVID-19 affected every sector, people with proper resources fared well. Adopting the scenario, the Firm has shifted its operations online to grow and ensure the safety of everyone. All the hearings with the departments and meetings with employees, clients, respectively, are done on digital platforms. The in-house software has significantly helped in advocating a systemic and secured business & consultancy model. A CULTURE OF TRUST It is said, through culture, a company conveys its true nature. And the foundation of clients’ trust and honesty is how a firm regards its people. This is somewhere the beloved firm has placed a robust landmark. Siddharth Maheshwari & Co. has employees working with them for 3 generations. The founder proudly asserts, “They worked with my Grandfather, now they’re working with my father and me. Also, their children after postgraduation have started to work with us - This shows work ethics and culture”. Their team consists of experienced professionals and experts along with, Stenographers, Record Keepers, Data feeders, Back-end Office Staff, etc. Everyone enjoys collaboration, respect and maintains an organised way of work. This creates the impression of ‘One big family’ where everyone is treated equally and contributes equally to the Firm’s success. To uphold a culture of trust - one needs to look beyond their fences, which is why the entire Maheshwari family indulges in societal contributions. They are associated with social institutions and sponsor cataract operations for the underprivileged. Furthermore, they organize free surgeries for children born with certain disabilities. Siddharth claims that his family has been contributing to this humanitarian work for 20-25 years and would continue to do so in the future. AN UNENDING WILL & PASSION With 50 years of underlying experience, fervid people and resources, Siddharth Maheshwari & Co. has had an exclusive excursion. Starting from a small city, Farrukhabad, (UP), then extending to Delhi and Noida NCR, it has made its resonance felt across the global market with World Wide Client Base . And throughout the stint, hasn’t lost – a single client, a truly laudable achievement! Now, Siddharth believes that a bigger milestone lies for him ahead. Therefore, he aims to continue upholding trust and quality in his field of work and in addition, he plans to expand in other areas of Consultancy and ventures. A PARTING NOTE FOR ASPIRERS
“Aim for the stars, at least you might end up on the top of the mountain. Invent ways that actually distinguishes you from others. The world is evolving, and it’s important to think out of the box. Be knowledgeable and tech-savvy. Respect your Team and be passionate to learn. Nevertheless, ‘Gratitude is everything’, never forget the people who work in shade.” – Siddharth Maheshwari, FCA, Chief Advisor, Founder 37
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TECH & INNOVATION
BUILDING TRUST IN 2021
Innovation and an Imperative for Embracing Data Privacy, Transportation and Security In 2020, from the Covid-19 to Cyber-attack have been the biggest concern. Companies like SolarWinds, BlueKai (Owned by oracle), a UK-based security company called Keepnet Labs, South Africa Postbank, and many others have been hacked. According to selfkey, around 16 billion records, including credit/debit card numbers, home adders, phone numbers, and sensitive information, have been revealed. With more than 8 billion records have been exposed, the first quarter of 2020 has been one of the worst in data breach history. 37% of cyberattacks have increased in India in Q1 2020, as reported by Kaspersky Security Network. According to the economic times, cyber-attack surged since lockdown. The bombardment of misinformation and data breaches has made us wonder about the privacy and security of our sensitive personal, and organizational information. These all events have delivered many blows to public trust. It could be seen the lack of trust in everything from government agencies to brands. This year founder and entrepreneur have an opportunity to bring those issues, get creative, and solve them, but make sure you are not part of that problem. It begins by addressing the breakdown of these following areas.
DATA PRIVACY
Protecting personal data privacy has been the biggest concern, but long gone are the days when sensitive consumer docs were locked in a filing cabinet at the end of the workday. In the digital era, half of the population is online and sharing more information about themselves by using different online platforms. However, there is debate over who is responsible for data privacy. The Cisco Consumer Privacy survey has shown, around half of the respondents believed it was the government’s responsibility, a quoter thought consumers should be responsible for their own safety online. While one in five felt it was up to the companies who collect, process and store the information to keep it safe. Data pricy laws, like European laws GDPR (General Data Protection Regulation) and CCPA, have been followed by India and put greater onus on organizations to ensure data privacy. Bart
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Willemsen (VP Analyst Profile) Gartner has a prediction that by 2023, 65% of consumers’ personal information will be protected by data privacy laws. The Fines and other business impacts, such as reputation damage leading to lost business, make companies keenly aware of the importance of maintaining data protection. The majority of new businesses do not meet the minimal criteria necessary to be compliant with data privacy regulation, but that doesn’t mean founders can ignore data privacy protection. Rather, meeting data privacy criteria initially can ensure the company is prepared as it scales as new privacy laws are inaugurating. Applying tech that categories data while lessening redundancy make you ready for customers request to be forgotten or verify what data is held. It is essential for you to consider what data, is valuable to maintain, and could be cast off. There should be governance over the data, either by appointing a person on specificities position, adding tech or by bringing a third party to protect privacy properly. Also, request from the user can be immediately addressed.
TRANSPARENCY
Transparency is very essential in data privacy compliance. As per GDPR articles, answer to consumers’ questions surrounding their data will be made in “Concise, transparent, intelligible and easily accessible form, using clear and plain language.” Questions like do they share information to 3rd party? have they defined the intention for holding customers’ private data? how long will it be kept? How is it currently processed? must be answered by the companies. Although these questions come under GDPR, (so whatever company setting up their business in the EU or doing business with European residents, they have to follow), these such type of transparency would be stranded for new businesses. It only indicates loyalty among consumers, partners, and investors. It is a big challenge to be transparent, but you should be because that’s the way you will know how data is used.
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Founders or entrepreneurs must look at the technology that is available to address the issue. Without being transparent, data is useless because you don’t know how it will benefit you. Achieving the transparency need to have data privacy laws - it will give you better insights into your data. The solution of data transparency won’t just allow you to clarify why you are holding user’s data, but also how it can provide your company with improved business agility.
DATA SECURITY
Amid the pandemic, customers were ordering the essential home products online and spending more time on the social media platform, while employees were doing work from home, which has led to an increase in data breaches. As per Malwarebytes, 20% of the breach and cyber incidents are directly related to the remote job. Data breaches linked to the pandemic lockdown, such as the attack on the small business administration that disclosed of applying for emergency loans from the government. It has no question that data is being under attack. It is rested on business to take action to shield it. Of cure, it could be far more difficult to do when your startup is small, you have very limited resources, and your workforce is accessing the network on personal devices all across the globe. Some basics rules like using multifactor authentication for getting all company and users’ data and enforcing strong passwords (did you know the SolarWinds attack relied on weak passwords to get access). VPN is more secure than home routers, and encryption would be used for any sensitive transmissions. The cloud-like SECaaS (Security as a service) provide accessible management for the worker, and tools that offer security on the edge can provide proper data security, whether it is on the network or access on the smartphone through the cloud. In 2020, many were compelled to readjust their approach to data protection. In 2021, many entrepreneurs and founders have the opportunity to learn from them and build trust.
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CONSULTANT OF OFTHE THEYEAR YEAR 2021
Soul Consciousness Lab A brainchild of Rashhi Sharma who is dedicated to giving people a better purpose to life with her healing tools & to spread the right information! Kajal Dobhal | Business Connect
RASHHI SHARMA Founder & CEO International Trainer & Therapist Soul Consciousness Lab
it deals with and then heal these permanently and naturally at the subconscious level. But one must be attentive enough to choose one’s therapist cautiously, as, without the help of the certified and proficient practitioner, this therapy may elevate one’s health issues rather than reducing them. In this edition of our magazine, we are introducing an exemplary internationally reckoned hypnotherapist, Rashhi Sharma. Passionate to bring absolute healing experience to people who are encountering trauma and stress in their lives, she is creating a positive impact on the people in need.
The complex lifestyle of modernisation has inclined people towards more and more stress at the mental, physical and emotional level. Unlike the earlier times, most of the humans are living a secluded life being far away from the family and friends. This scenario has affected their mental, emotional & physical health most adversely in urban places, the condition is quite worrisome as compared to the rural places. The deteriorating mental health is the prime reason behind the elevating crime rate among the urban population. There are a number of ways to deal with the mental issues and one such beneficial tool is Hypnotherapy. In its expanded form, Hypnotherapy includes Past Life Regression, Life Between Lives (LBL) therapy, Age Regression, Womb Regression, Inner Child Healing and Future Life Progression. These form of therapy modalities includes the appropriate technique of hypnosis that helps in attaining relaxation, calmness, finding the deep-rooted causes of mental, emotional & related physical issues and help in not only healing these permanently bit also bring a positive shift in the overall well-being of the person. Its main goal is to first find the exact root causes of any issues
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ABOUT THE EXCEPTIONAL WOMAN ENTREPRENEUR
The CEO and Founder of Soul Consciousness Lab, Rashhi Sharma is a Bangalore-based, Internationally certified Trainer and Therapist. She incepted this dream venture to bring a wave of positive experiences ensuring quality lives among the masses with the help of hypnotherapy, Past Life Regression, Life Between Lives (LBL) therapy, Age Regression, Womb Regression, Inner Child Healing, Future Life Progression, Shamanic Healing & Psychic Healing . She is a Master Hypnotist, an empath, a spiritual healer, intuition expert, ,
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past-life regression therapist, future life progression therapist, Shamanic Practitioner, a psychic and a member of the National Guild of Hypnotists. Claiming to be the most qualified holistic practitioner and therapist in India, Rashhi has emerged out as an expert in healing people at the subconscious & soul level. We as human beings carry numerous unwanted baggage in our subconscious mind from our past, which adversely affects our mental and physical health. In this regard, phenomenal leader Rashhi Sharma elucidates, “ In order to attain Spiritual, Emotional, Financial and Mental Balance, we at Soul Consciousness Lab are bestowing the masses with life-changing experiences. The sessions offered to the people help them to achieve what the soul has planned for them naturally and what they deserve, paving the way to their spiritual progress and material success as well.” The most striking aspect of therapy sessions with Rashhi is that whereas other healers are expert in 1 or 2 modalities and use a fixed healing modality and approach for everyone, Rashhi has conceptualized and developed an unique integrated method of healing which uses a perfect combination of different healing modalities in each session, and these are chosen according to the person who needs help, and as per the need of the hour. This highly flexible approach has revolutionized the therapy approach and have ensured that each session provides 100% efficiency and results and the total number of healing sessions needed for full recovery are the least possible!
Her clients from all over the globe have put forth the testimonials about how the healing sessions have made a remarkable difference in their lives affirmatively.
BREAKING THE MYTHS AND MISCONCEPTIONS
There are a number of myths about Hypnotherapy and how it works which have limited its reach and benefit for all. Rashhi has been working hard to break these myths and spread the right information so that more and more people can take the benefits of hypnotherapy and improve their lives at all levels. Often, people believe that a hypnotherapy session should be considered only in the case of depression or any sort of intense physical issue. In this context, Rashhi affirms that being humans, we come across different types of situations in our daily lives. And the complexity of our brain is such that most of the time we are unaware of the emotions or slight traumas, that start affecting us unknowingly from the core level. She states that hypnotherapy can be performed to deal with every kind of issue that is hindering the growth of a person from the personal or the professional front. Another misconception among the masses is about the usage of drugs in the therapy sessions. Rashhi conveys that no drugs are used to bring the person to the ‘trance state’ which starts healing. Apart from this, she rejects the myth that while being in the trance state, a person loses control from his body. Rashhi states that amid the session, a person can wake up with his own free will and this is an utter misconception that needs to be eradicated regarding hypnotherapypp.
Moreover, Rashhi reveals that many of our unknown emotions and behaviour patterns are the result of our past life experiences. People find themselves helpless to some sort of mental and emotional issues and hypnotherapy & Regression can effectively allow a person to encounter his own past life memory imprinted on his soul, which could be the root of the arising issues. She has successfully treated a number of people who due to their past life impressions and memories within the subconscious mind were experiencing inexplicable pain, depression, guilt, fear, phobias, traumas, relationship issues and much more in their present times!
DEVELOPING MORE CAPABLE THERAPISTS LIKE HER
Rashhi has taken up this initiative to ensure that the unique healing technique of hypnotherapy and other modalities, which are proving immensely beneficial for everyone, should not remain only with her. To help more and more people she is preparing more therapists across the world by providing professional training to everyone who is deeply interested to learn it and help the society in the similar capacity.
A glance at the accreditations and certifications attained by Rashhi Sharma
RASHHI SHARMA
(International Trainer & Therapist)
The Alliance Training approved by The Michael Newton Institute, TNI, USA for Advanced Past Life Regression and Advanced Hypnotherapy • The Michael Newton Institute, TNI, USA for Life Between Lives Therapy (LBL)- as Associate under certification • The National Guild of Hypnotists, NGH, the USA for Advanced Hypnotherapy, Certified Hypnotherapist • The Dr Brian Weiss Institute, OMEGA, USA, for Past Life Regression • The Anne Jirsh Institute, UK, for Advanced Past Life Regression and Future Life Progression, Intuition Expert, Akashic Records Reading • The Banyan Hypnosis Center, USA, for Master Hypnotherapist, Advanced Hypnotherapy • The Faculty of Shamanic Studies (FSS) the USA, for Shamanic Practitioner • The IPHM, UK, for Executive Training Provider for PLR/FLP/ Hypnotherapy/Psychic Expert/Spiritual Healing
Rashhi Sharma has been bestowed with the Woman of Excellence Award 2020 by Indian Achiever’s Forum. She has received numerous accolades in her favour from experts in this domain, for her extraordinary offerings at the global level. Her sheer endeavours are converged to expand the scope of hypnotherapy in India and enlighten the masses with the enormous benefits of this healing procedure.
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TECHNOLOGY
5 EXCITING AI BUSINESS DEVELOPMENT HOW THEY CAN AFFECT YOU FACIAL EXPRESSION DECODING In our daily life interactions, we use tons of nonverbal cues, including facial expressions, intonations, gestures, and posture, to convey our emotions and feelings. For us, it has always been an easy task to decode people’s emotions and understand what individuals are trying to say. But intelligence technology can do the same now. According to nature.com, Researchers have used an ML Algorithm to decipher the seemingly inscrutable facial expressions of laboratory mice. While companies like Emotient and Affectiva are developing AI algorithms to read and decode people’s faces. Imagine being able to read your customer’s feelings as they use your product or service. Or Being able to target ads to individuals when they make a sad or angry face. This will be the future of the business to consumers interaction.
Nowadays, when you ask people about AI (Artificial Intelligence), they will start picturing some science fiction-inspired images of the machine-dominant futures. After all, we all are influenced by Hollywood movies like Robot, Interstellar, and more. For them, AI is just a concept, but in reality, AI has already become part of our lives. We are using AI every day. For example, Alexa or Siri, you know the capabilities, right? But this isn’t the end of AI. Today, AI has made business more efficient. Let’s deep dive to know about it.
HERE ARE THE FIVE EXCITING AI BUSINESS DEVELOPMENT VIRTUAL ASSISTANT Increasing popularity in the business world has pushed the AI Virtual assistant toward rapid innovation and development. As employees and employers struggle to effectively work remotely. While giant tech companies are giving their efforts toward a multitude of changes in AI assistants. In its digital assistant and AI voice assistant forecast for 2016 to 2021, by 2021, approximately 47.6% of AI virtual capable devices are estimated to be used in Asia and Oceania, as per Ovum. The Virtual assistant like Amy or x.ai has been seen as the most exciting and beneficial for entrepreneurs. Amy is an AI voice assistant that’s not just schedules meetings but also interacts with your contacts like a human. The AI virtual assistant is a fantastic innovation, it is saving many hours in a week.
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DEEP LEARNING
BUSINESS FORECASTING
Deep learning is merely part of machine learning in AI in which a device can learn to improve on its own by examining computer algorithms. This AI function imitates the workings of the human brain in processing data for use in detecting objects, identifying speech, translating language, and giving results as per making a decision on its own. A most interesting fact is, Deep learning doesn’t need human supervision. Imagine, what can possibly you do with it in your business? You don’t need a translator to communicate with foreign business clients, it can be used to determine which ads to display to your customers in real-time, you will have a self-driving car, and many more you can do with it.
AI-based devices are increasingly being to fill the gap between quantitative and quotatives analysis of marketing prospects. It has emerged that holds considerable promise in helping, to improve the forecasting process, including understanding the customer pattern demands, employee’s turnover, distribution requirement, cash flow, and many. Overall, AI-based application helps make business forecasting both automatic and accurate.
HEALTH MONITORS As per OECD estimates, 20% of health expenditure is wasted worldwide. The United States Institute of medicine made research the figure is more like 30%. Using both estimates, the top 15 countries by healthcare spend waste an average of between $1,100 (Approximately 80482.05 INR) and $1,700 (Approximately 124381.35 INR) pp/annum. That’s why many multinational tech and start-ups are making more efforts to make the CEO of your own health as well as reduce the prices of healthcare. There are many ways AI can empower in the medical sector, such as Guiding treatment choice, clinical trials optimization, and drug development, empowering the patient. On the other hand, many AI devices are being developed, so that you can manage your health by yourself and, in some cases, you can replace doctors and hospitals, with the combination of AI and personal smart monitors.
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