Most Promising Companies of the Year 2020 by Business Connect

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Splashtop On-Prem is the best value on premise solution for secure remote access, control and support for any device. It's an allon-one solution offering both unattended anytime access and attended on-demand connections, for all remote access needs without the requirement of an end-user availability. Quick support by IT teams can provide attended quick support to Windows, Mac, iOS and Android devices without pre-installation, using a 9-digit session code.

Key Features and Bene ts: Architecture: Install the Splashtop On-Prem Gateway in your DMZ or behind your rewall. Remote sessions can be peer to peer across local or routable networks or bridged through the Splashtop On-Prem Gateway for cross network access. Secure Connections: Get secure infrastructure, intrusion protection, SSL/AES 256 bit encryption and other advanced security features. Broad Device Support: Remote into your Mac, Windows or Linux computer from any Mac, Windows, iOS, Android, Chromebook device.

Unattended Android/ Rugged IoT Support: Splashtop OnPrem provides remote access and support to any Android device from any computer or mobile device (smartphones, tablets, POS devices, kiosks, set top boxes and more) where an end-user is not required. Active Directory Integration: For ease of deployment and maintenance, Splashtop On-Prem can use Active Directory to easily provision user's accounts and authenticate / authorize each user session request. Chat: Easy chat solution with user during remote access as well as otherwise. Collaboration: Multi-users can remotely access a computer at the same time.

Lyra Infosystems is Authorized Elite Partner for Splashtop in India and the ASEAN region.

Infosyetems

CONTACT US TO START YOUR FREE TRIAL AND AVAIL EXCLUSIVE DISCOUNTS. *LIMITED TIME OFFER, CLAIM TODAY! BANGALORE | MUMBAI | GURGAON | SINGAPORE

+91 80 4040 8181 | +91 124 420 5987

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

2 sales@lyrainfo.com | info@lyrainfo.com

www.lyrainfo.com

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Editorâ&#x20AC;&#x2122;s Note

A promise to propel excellence while creating a positive social impact An Editorâ&#x20AC;&#x2122;s job is not just confined to scribbling of words or embellishing the articles with enticing metaphors or similes. As they say- With great power, comes great responsibilities, journalism is a domain that grants us with the liberty to address the social issues and enlighten the audiences with the latest happenings across the world. When it comes to Business Journalism, then, it is no different from its lineage as it fervently highlights the companies that are hiring, and those struggling, the ones ensuring sustainable growth and those magnifying their presence that help to shape the economies. It is the sole responsibility of the enterprises indulged into mass media to offer people with relevant and beneficial editorial content. As a credible business information source, our Magazine acknowledges the significance of delivering admissible, reliable and valuable information to the readers intending to add value to the society. At Business Connect Magazine, our adept editorial team endeavours to offer the commonalty with such authentic content that inspires the readers to make informed decisions about various facets of their careers. Moreover, we also intend to help our adored readers to find promising service providers that can contribute to improving different aspects of human lives. Many enterprises driven by their integrity are adding value to multiple aspects of our lives, rather than just inclining towards profit-making. The forthcoming edition of our renowned magazine- Most Promising Companies of the Year 2020, will be highlighting the core competencies and exclusive methodologies with how those enterprises developed some matchless offerings to make a difference to the world. Moreover, what might catch your attention is their commendable business models and mindblowing professional acumen that showcases their exclusiveness. The adamant zeal of the promoted business tycoons in this brand new edition will offer you a glance at their incomparable momentum to create a positive impact in the world with their exceptional products and services. We can assure you that the admiring legends of these leaders will boost your entrepreneurial instincts while serving as a portal for you to seek creative ideas and distinctive strategies. What is even more appealing about this brand-new issue is the bunch of exclusive intramural articles that our team has proficiently handpicked from diverse spheres of the business landscape. We firmly believe, our determined efforts to enhance your business acuity will keep you glued to the respective copies of the Magazine! Conventional methodologies of performing the businesses have been proved incompetent in todayâ&#x20AC;&#x2122;s entrepreneurial world. The need of the hour is the implementation of innovative solutions to be in harmony with the rapidly changing market trends. Nabcons Consultancy Services- an auxiliary of NABARD is resonating with this conception effectively. The Managing Director, Mr Venkateshwar Rao, is leading the organization at the forefront and is scaling it to greater heights. Our editorial team has decided to promote this estimable organization on the cover page, owing to its upholding social responsibilities, quality, and compliance ensured in the agriculture & allied areas, and Rural Development segment. Last but not the least, I would like to take this opportunity to thank all our readers, for they are the real motivation that allows us to push our boundaries and come up with more sophisticated issues every time. Our team also welcomes constructive feedback from our valued readers on any part of this edition and would like to hear about how to make it more alluring for them.

Kajal Dobhal Kajal@businessconnectindia.in

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Business Head ASHISH KUMAR

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

Registered Office

Corporate Office

RZC 4, A/2, Street No. 21B, Sadh Nagar - II, Palam Colony, New Delhi-110045 Ph. 011-42636209 Email: info@businessconnectindia.in

701, DDA 2, District Centre, Janakpuri, New Delhi - 110058 Ph. 011-41065208 Email: corporate@businessconnectindia.in

Printed and Published By Abhishek Kumar Dubey on Behalf of FanzineIndia and Printed at Tanuj Process, A 21/27 Naraina Industrial Area, Phase-II, New Delhi - 110028 and Published at RZC 4, A/2, Street No. 21B, Sadh Nagar - II, Palam Colony, New Delhi-110045

Publisher & Editor : Abhishek Kumar Dubey RNI No.: DELENG/2018/76695 Copyright ÂŠ 2018 FanzineIndia, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations, Views and opinions expressed in this publication are not necessarily those of the magazine and according no liability is assumed by the publisher.

We are also available on: 5

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

CONTENT

16 Success Story The Most Successful & Debated Man Of The Tech World

18 Euro Exim Bank Ltd Pioneering Financial Solutions, With Cutting- Edge Technologies

Cover Story Shri K Venkateswara Rao Managing Director

Page No.

NABARD CONSULTANCY SERVICES Providing Consultancy and Advisory Services Across Agriculture & Allied Areas and Rural Development www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Cuisine 5 Best Foods and Drinks to Have Before Going to Bed

Anthology Inc. Revolutionizing Higher Education with the Power of Edtech

Strawfit A Revolutionary Product for a Better Health

Tourism How Has COVID-19 Reshaped The Tourism Industry?

CivilMantra Infracon Pvt. Ltd. Enterprise dedicated to Infrastructure Engineering Consultancy, Construction Management and Financial Feasibility of the Construction Projects.

Business Easy of doing business

Metamorphosis Unlimited Redefining the HR Consultancy landscape for different businesses

34 Hesol Consulting Logistics & Supply Chain Consultants of the Year 2020

40 Nextgen Plasma Imparting excellence and expertise in the welding industry

Current Affairs Quinyx Acquires AI Workforce Optimization Company Widget Brain

Vijen Smart And Innovative Technology Solutions Pvt. Ltd. Creating Next-Gen Dream Cities

46 Zen Software Solutions Helping Local Businesses to Go Global with AI / ML, Big Data and Cloud

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Cover Story

NABARD Consultancy Services

Kajal Dobhal | Business Connect

Providing Consultancy and Advisory Services Across Agriculture & Allied Areas and Rural Development

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Shri K Venkateswara Rao Managing Director

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

or a developing country like India, with a significant portion of its rural populace dependent on-agricultural and farm activities, the two cornerstones of prominent growth are ‘Agriculture and Rural Development’. The cardinal role played by these two aspects in the development of our country cannot be over looked as the rural & agricultural sectors are the prime locus of survival for the respective masses. Nowadays, Agricultural Advisory Services are ensuring the flow of the imperative information to enhance the welfare of farmers as well as rural commonalty. Such consulting services ensure improved agricultural productivity, environmentally sustainable production methodologies, high-value to the farmers, and much more, as it has evolved from its conventional role at present. But, a myriad of challenges persists in the respective industry that requires our utmost attention. Leveraging unique techniques to bridge multiple gaps in this domain, NABCONS embarked on a journey 18 years ago to propel agriculture and rural development in India. NABCONS emanated from an apex development financial institution- NABARD in 2003. NABCONS has emerged as India’s premier consultancy and advisory service provider that addresses needs and gaps in the agriculture and allied sectors in the country and abroad as well. This wholly-owned auxiliary of NABARD is striving to maintain synchrony among water, forests, climate and agriculture while leading at the forefront by acknowledging its responsibility to add value to the society and ensuring sustainable development.

Shri Rao has infused a business philosophy in the organization where clients are the topmost priority. He asserts that as a consultancy organization, they have to visualize the future of a client’s business and also acknowledge the client’s requirements. Keeping that in view, they bargain between these two facets and strive to ensure client’s contentment. NABCONS strategic technique assures to guide ideas of clients by offering concrete examples of elevating business. He firmly upholds a view that any disruption in the existing system is an opportunity to assist the clientele for an enhanced experience by watering their sprouting business ideas. Under the aegis of an industry expert- Shri Rao, NABCONS is scaling greater heights and making its significant presence felt across the domain. Furthermore, Shri Rao considers consultancy as a subtle business that requires aggressive marketing and his committed team resonates with this perception incessantly.

Highlighting the core values infused in the organization, Shri Rao reveals,

“

Our core values are inclined towards bridging the gap between agriculture and industry. We have envisioned to serve these two aspects and empower them with our strategic techniques. Additionally, our organization’s culture has derived from our parent organizationNABARD. We aspire to move ahead by taking its legacy forward and expand its horizons in future. Moreover, we endeavour to serve our major clients- farmers! All our objectives are majorly inclined towards empowering the farmers and exploring the scopes in the relevant areas.

Forging ahead with the motto- ‘Wisdom Beyond Business’, NABCONS is ensuring its state-of-the-art services in strategic spheres of agriculture and allied sectors, food processing, rural infrastructure, climate change, international business, banking and; finance, natural resource management, micro-enterprises and more.It is making a mark in each of these sectors with its more than 2500 assignments to the credit, 300-full-time workforce, a committed team of over 500 multi-disciplinary experts and subject-matter enlisted specialists, and exemplary strategies in planning and execution of projects, it is effortlessly catering to the requirements of its over 400 clients.

”

MOTIVATION BEHIND INCEPTION Shri Rao elucidates that the objective to commence this venture was to primarily focus on enhancing the agricultural sector by providing adaptive and effective consulting services at the marginal costs to their clients. Acknowledging the gap in this industry, NABCONS aspires to align its business sphere towards evolving dynamics of niche sectors under seven major verticals-Agriculture and Animal Husbandry (AAH), Food Processing & Storage (FPS), Third Party Monitoring &amp; Infrastructure (TPM), International Business & Climate change (IBCC), Skills for livelihood, Banking & Finance (B& F) and Socio-economic Studies (SES).

NABCONS’s remarkable nationwide presence testifies for its years of enriched experience and expertise in the industry. Its footprint is spread across India with its Corporate office at New Delhi, Zonal Offices at Mumbai, Hyderabad and Guwahati and 29 Principal Consultant’s Offices across all States. LEADING NABCONS AT THE FOREFRONT- SHRI K VENKATESWARA RAO

The Managing Director of NABCONS, Shri K Venkateswara Rao is a Post-Graduate from Indian Agriculture Research Institute (IARI), New Delhi. He has served NABARD for more than three decades and possesses an extensive professional experience in the assessment of various farm and non-farm sector projects, potential linked Credit Plans, District Credit Plans, Area Development, Self-Help Groups (SHGs), Joint Liability Groups, Micro-Finance Institutions, Farmers’ Producer Organization and also Supervision of Banks viz. RRBs and Rural Cooperative Banks. Moreover, he has also been associated as Board Member with many government organisations for different programs like Nominee Director of NABARD on Chaitanya Gramin Bank, Andhra Pradesh and Director of NABKISAN Finance Ltd. Chennai, Member Secretary to the Board of Supervision for RRBs and Cooperative Banks. www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

All these business verticals get staunch support by divergent service verticals such as Business Development, HR, IT, Corporate affairs, General Administration, Accounts , GIS Cell and Civil Engineering. WORTH A GLANCE CLIENTELE Since its incorporation, NABCONS has been catering to several ministries of Government of India, namely, Ministry of Agriculture & Farmers’Welfare, Ministry of Rural Development, Ministry of Food Processing Industries, Ministry of Panchayati Raj, Ministry of Textiles, Ministry of Environment, Forest and Climate Change, Ministry of Water Resources, Ministry of External Affairs; all State Governments; Statutory bodies/ corporations/agencies like NITI Aayog, Reserve Bank of India, National Highway Authority of India (NHAI), National 12

Food processing_ Poultry Processing Boiler and Rendering Unit-7

CTSA for Deen Dayal Upadhyaya Grameen Kaushalya Yojana Institute of Agricultural Marketing (NIAM), Small Farmers & Agri-Business Consortium (SFAC), National Medicinal Plants Board (NMPB), CCI Power Grid, Warehousing Development and Regulatory Authority (WDRA), Khadi and Village Industries Commission (KVIC), Forward Market Commission, National Collateral Management Services Limited (NCML), Central Rail side Warehouse Company Limited (CRWC), Tribal Cooperative Marketing Development Federation of India (TRIFED), Institute of Cooperative Management (ICM), Indian Council of Forestry Research and Education; Public Sector clients like Commercial Banks and Private Banks; Corporates like Steel Authority of India Ltd (SAIL), Jindal Steel, DCM Shriram, Adani Foundation, Housing and Urban Development Corporation Limited (HUDCO), HINDALCO and International clients like Food and Agriculture Organization (FAO), Department for International Development (DFID), International Fund for Agricultural Development (IFAD), Asian Development Bank (ADB), Asia-Pacific Rural and Agricultural Credit Association (APRACA), Swiss Agency for Development and Cooperation (SDC), Deutsche GesellschaftfĂźr Internationale Zusammenarbeit (GIZ) and many International Banks. Furthermore, Shri Rao asserts that the NABCONS has also been empanelled with multi-lateral organizations like EXIM Bank, WDRA, National Institute of Food Technology Entrepreneurship and Management (NIFTEM) and various ministries like Ministry of Food Processing Industries, Ministry of Rural Development, and Ministry of Women & Child Development, and various State governments and other agencies for guiding assignments in the relevant industry. INSIGHTS ON THE SIGNIFICANCE OF R&D Shri Rao asserts that Research & Development is the crux for any organization and especially for consultancy companies or economic analysis centres, this segment plays an imperative role in terms of exemplary growth. NABCONS ensures to maintain synchrony with this segment by maintaining the database on the sundry of their functional areas. In this respect, they ensure the primary collection of the data for various projects as per their sizes. So, this survey with the help of an appropriate questionnaire helps them develop statistical techniques to analyse this data and then, to derive a conclusion concerning any project. 13

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Indian Himalyas Climate Adoption Programme

Mega lift irrigation in Odisha

R&D helps them to understand the future requirements and modifications for the schemes proposed by the clients in any area. He believes there is a need of the database beside the primary survey and they have to utilize the services of economists and mathematicians to present the reports and substantiate the outcomes of the study. Undoubtedly, this area majorly contributes to the growth of the organization. TESTIMONY OF THEIR ASCENDANCY Shri Rao speaks that the global pandemic has adversely impacted the world and most economic activities are at halt since April-May 2020 due to subsequent chain of nationwide lockdowns. Though, he believes the agriculture sector is the bright spot that is set to cushion the impacts on other sectors. â&#x20AC;&#x153;To improve the prevailing turbulent economic environment and to provide a boost to the ailing economy the government announced the Atma Nirbhar Bharat Abhiyan, a financial package of Rs 20 lakh crore equaling to 10% of the national GDP. NABCONS has realigned itself to work with the GoI in these emerging areas like TOP to TOTAL (Operations Green), PM Formalization of Micro Food Processing Enterprises Scheme, Knowledge Partner Agency in Agriculture Infrastructure Fund, Study on Post-Harvest Losses of Agri and allied sector, Farmers Producer Organization, etc.â&#x20AC;? continues the MD. NABCONS has also been at the forefront of the skilling arena since 2009-10. It has been engaged by Ministry of Rural Development, Government of India as Central Technical Support Agency (CTSA) under Swarnjayanti Gram Swarozgar Yojana (SGSY), Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), conducted 500+ training & capacity building programmes and successfully covered more than 1 lakh beneficiaries in a single survey across India. Additionally, it is also engaged as a technical support agency to Himayat Mission in Jammu and Kashmir. www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

NABCONS has undertaken some prestigious assignments in areas, namely, Agricultural/ Rural credit, Climate change, Agricultural & allied sectors, Food Processing & Storage, Microfinance/Livelihoods, Financial inclusion/Financial literacy, watershed, cooperatives, project appraisal, agro-processing, post-harvest technologies, farmers clubs and more. One of the important international assignments contracted by NABCONS is setting up of an India-Africa Institute for Agriculture and Rural Development at Lilongwe, Malawi for MEA, GOI. The broader activities of international business are feasibility studies/Detailed Project Reports, capacity building, exposure visits for delegates from various African & Asian countries, especially banks like Vietnam Bank for Agricultural & Rural Development, Development Bank of Ethiopia, Rural Finance Institution Building Programme (RUFIN) Nigeria, Tanzania Agricultural Development Bank (TADB), Bank of Uganda, Asian Development Bank, Microcredit Regulatory Authority (MRA), Dhaka and others. Leveraging the climate expertise, NABCONS is implementing a project in Afghanistan for supporting NIE Accreditation through the South-South Cooperation Grant of the AF. Also, NABCONS has signed MoUs with international/ bilateral agencies, has an active presence in international seminars, trade & Investment forums; discussions with Ministry of External Affairs and ambassadors from various countries like Angola, Congo, Costa Rica to name a few.

structures and processes have always been the guiding light for NABCONS. Shri Rao reveals, “We have come a long way since our inception using our years of experience, adaptation to the dynamic market scenario, continuous skill enhancement of employees, technology-based tools to perform the assignment and diversification in the consultancy sector.” Unveiling the future outlook for NABCONS, Shri Rao states that there are three major areas that they target to intervene-The tribal development, The Integrated Water- Shed Development programs and Farmer Producer Organisation (FPO). And out of all, FPO is the preferred scheme where the company would endeavor to seek new business avenues.

We are aware of the fact that technology will be leading all the industrial segments in the future,including agriculture as well. Generation Z has witnessed phenomenal technologies, be it mobile applications or vivid online portals and more is yet to come. For substantial growth, synchrony with technology is crucial. Keeping this into consideration, by 2021, NABCONS aspires to come forward with IoT Agriculture Projects for the farmers. Shri Rao emphasizes that the utilization of technology to elevate the condition of our farmers is the need of the hour and the organisation would be intensely focused on coming up with the latest technological advancements to add value in the industry. He has anticipated that soon the organisation will become a major player in the consulting arena of the country. Moreover, NABCONS would be driven by innovative instincts, better operational efficiency and mindful strategies. It also strives to venture in emerging sectors like multiple demanding sectors like GIS, Renewable Energy, International business (especially African countries), IoT in Agriculture, Digital transformation, Blockchain technology, Enterprise Architecture in IT, Agri-tech advisory services, Digital mapping, IT Risk Assurance, Cyber security consultancy services, etc.

EXPANDING THE HORIZONS NABCONS foresees fresh opportunities across various sectors emerging out of ‘post-COVID new normal scenario’ and has contracted assignments like Geotagging of AgriStorage Infrastructure, Enterprise Architecture, setting up of GIS cell, Mandi Management Information System in HP, etc. Additionally, the organization has revitalized its IT infrastructure to sync with the demands of different industries. NABCONS published a compendium on “Innovative Business Models emerging through COVID19” that was released through a Webinar graced by Shri Parshottam bhai Rupala, Hon’ble Minister of State, Ministry of Agriculture and Farmers and was attended by around 600 delegates from leading corporates, FPOs, Bank officials, senior officers of NABARD, etc. NABCONS has also ventured in one of the promising sectorsAnimal husbandry and Fisheries Sectors. Some of its major contracts in this sphere are DPR preparation of Anti-rabies vaccine unit in Kerala, Establishing Advanced Institute for Integrated Research on Livestock and Animal Sciences by Govt. of Tamil Nadu, etc. Moreover, the organization has also recognized the untapped potential in the area of Water Resources Information System (WRIS) and offered a solution for comprehensive, authoritative and consistent data & information of respective state’s water resources with relevant tools. Intending to provide safe and adequate potable water to rural India, NABCONS has bagged major assignment to enhance the infrastructure for ‘Jal Jeevan Mission’. Here, they will be preparing DPR for Multi Village Scheme/Project (under this mission) in Rajasthan and among other states as well. FUTURE ENDEAVOURS Resonating with NABARD’s mission to ensure rural prosperity, NABCONS has more than just commercial interest in the consultancy assignments it undertakes. NABARD’s

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

ELON MUSK

The Most Successful & Debated Man Of The Tech World

lon Musk, the sensational name of the tech world, has stepped into multiple ventures and everything seems attainable by the business magnate. Musk was born on 28th June 1971 in South Africa, and at the age of 17, he immigrated to Canada. As a transfer student to the University of Pennsylvania, he finally landed in the United States.

Musk is best known as a tech mogul and is widely recognized as the CEO of Tesla Inc., and as the Founder and CEO of SpaceX. Currently, with a net worth of more than $128 billion, Tesla’s CEO is the 2nd wealthiest person in the world. “COMPANY POSSESSIONS OF ELON MUSK” 1. Tesla Inc: The Electric Car Manufacturing Company. 2. SpaceX: Musk’s Aerospace Manufacturing Company. 3. Neuralink: Research company trying to build devices that can be implanted into the human brain. 4. OpenAI: AI researching not-for-profit company ensuring it doesn’t destroy humanity. 5. The Boring Company: Focused to dig a network of tunnels in cities for high-speed and no-traffic driving. • THE EARLY LIFE Musk demonstrated entrepreneurship traits from an early age. His Engineer father and Dietician mother, who understood his son’s technology penchant and nurtured his interest, embraced him remarkably. Musk obtained his first computer at the age of 10, teaching himself how to write code. And at the age of 12, the young boy constructed a completely working video game, named “Blastar” which was reportedly sold for $500. In 1988, Musk graduated from Pretoria Boys High School. In 1889 he moved to Canada and joined Queen’s University in Ontario to escape the compulsory military service of South Africa. After that, he attended the University of Pretoria for merely five months. Musk later pursued a Bachelor in Economics degree at the Wharton School of Business at the University of Pennsylvania. Further, he resigned after two days, to fulfil his entrepreneurial aspirations when he was admitted to the Physics Graduate Program at the University of Stanford. • SUCCESS STORY OF THE TECH BUFF In 1995 Musk joined his brother Kimbal in founding Zip2, an IT company which licenced newspaper software for online city guides. The Company didn’t attract many in his first few years, but afterwards, the local and domestic newspapers finally started using Zip2 to sell their respective customers with additional services. In 1999, Zip2 was bought for a whopping $340 million by Compaq’s AltaVista web search engine. Musk then founded X.com, online financial services and email payment firm, with its business partners Peter Thiel and Max Levchin. X.com joined the American software corporation Confinity in 2000, which is best known for developing PayPal. Shortly before eBay bought PayPal at $1.5 billion in 2001, Musk was named President and CEO of PayPal. Here, Musk eventually had the funds to put the Internet business behind to channel his attention to engineering business as an equity investor with nearly 180 million dollars in shares. • STRUGGLING AND RISING YEARS In 2004, Musk was institutional in designing the first electric car of Tesla named as “The Tesla Roadster”. Under the watch of the big billionaire, Tesla has risen to become the world’s most popular and desirable car brands. Musk claims 2008 as the worst year of his life. With the financial crisis, Musk was broke, and he also had to bring out Tesla from the massive debt, and along with that, he was undergoing a divorce. In January 2018 Tesla revealed that Musk would not collect an annual payment but that it would instead raise money depending on the rising market cap which it wanted to achieve in the next ten years. With SpaceX, Musk has signed several high-profile contracts to develop rockets and perform military missions with NASA and the United States Air Force. Musk was outspoken about his hopes for a joint project with NASA to send an Astronaut to Mars by the year 2025. Musk has always pushed all varieties of space-age technologies, but it was not still a perfect ride for him. He went on from being bullied in school to becoming a small entrepreneur and finally became the leader of two innovative companies, and he even went broke in between. But from there, he decided to rise and not settle down. “When something is important enough, you do it even if the odds are not in your favour.” Elon Musk

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

TESLA

SUCCESS STORY

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

EURO EXIM BANK LTD

Pioneering Financial Solutions, With Cutting- Edge Technologies Indranil Roy | Business Connect

The recent lockdown for the COVID-19 outbreak has empowered the utilization of digital technology. With work from home, several national and multinational companies have operated remotely and created milestones. Among the many verticals, the financial sphere has significantly changed the way of handling and accessing accounts, through home banking. By investing in technology, many several banks devised digital solutions for customers that can be accessed via any smart devices. Euro Exim Bank is a global financial institution, with targeted solution and services. The bank is infrastructured with notable innovations, leading the field in the finance sector as a sustainable business with strong management, international recognition, a broad skill-base and financial performance. A PREFERABLE NAME ON THE GLOBE Euro Exim Bank is a sophisticated multinational financial institution, holding a class “A” licence. It is headquartered in Saint Lucia, West Indies, with a representative office in London. Euro Exim Bank was established in 2015, as a payment provider in the UK (SPI). In a while, the diminishing margins and crowded competitive nature of the business portrayed the need for a business model, with all kinds of targeted solutions. Spotting this gap in the market, the Company applied for an international regulated banking license in St. Lucia, under the strict auspices of the Financial Services Regulatory Authority (FSRA). This enabled them to provide the full range of banking services, with prime focus on trade finance. The bank is fortified with an adept team of trade finance experts. These professionals have incurred huge exposure in areas of financial messaging, trade systems, etc. The USP of Euro Exim Bank is its prompt response and punctual conclusions. With innovative technology, the bank expeditiously generates first drafts, complex KYC (Know Your Customer) processes and sends instructions within tight timeframes. The bank has established affiliations in Singapore, Chennai and Dubai, stimulating operational expansion. This helps in building sales resources in Africa and India, also empowers the growing trade relations, between the Middle East and the Far East. Navigating a safe passage through the myriad of players can be challenging for new market entrants, so companies need assistance with simplified processes and guaranteed payment corridors. Their wide variety of services, especially for corporates include: • Financial instruments facilitating trade for importers. • Bank Guarantee for Contractors. • Advance Payment Guarantee and Performance Bank Guarantees. • Online Bank Accounts. • Merchant Bank Accounts.

Spotlight

GRAHAM BRIGHT

Head, Compliance & Operations 19

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

SUPREME QUALITY ASSURANCE Quality assurance plays a fundamental role in a Company’s growth, and Euro Exim Bank has no exception. They have a strict quality checking process where initial checks begin, as soon as the proforma invoice arrives, saving time and potential liability and embarrassment if not caught until later in the transaction process. Moreover, staff check throughout the issuance process using sophisticated workflow tools, from the first sight of a client proforma invoice until the final delivery of product or services, helps in ensuring the optimal standards. This helps in maintaining quality control for accountability, transparency, visibility and authority.

and fully control risk profiles, utilize AI and automated processes for handling and digitizing management of trade documentation. The system covers the entire lifecycle of trades, from the first proforma invoice from the seller to settlement of the transaction up to one year later. Another accomplishment is their association with Ripple & xCurrent service for payments and ODL for solving liquidity problems. The products have assisted in switching from the local currency to digital assets (XRP) and paying out in local currency at the receiver end, which not only resolves the time issue of delivery and authenticity but also, solves the issue of switching into and out of expensive USD or EUR.

R&D significantly corroborates quality. Not just for client’s satisfaction but also to maintain the quality of an organisation’s components. EEB has implemented a regime of constant review and enhancement of the foundations of products regularly, ensuring that not only the client experience but the internal applications benefit from the introduction of trust and speed, at competitive rates.

These services are significant for economies in Africa, as cash-challenged companies no longer need to wait days for their money to traverse correspondent banks with associated funding and dispersal costs from local accounts. PRODUCTIVE AMID THE OUTBREAK In the mid of crisis, EEB has forayed the arena of trade finance with its services through the digital platform. With more people working through remote access, digital technology has seen an increased rate of users as people are urging for digitalized complex documents across the entire trade ecosystem. Being digitally upgraded to the trends, they have already mastered the platform and are striving to be a completely non-paper, digitally ready organisation. Through their services, EEB is aiming to evolve from the use of current ‘wet ink’ bills of lading to efficient, universally accepted, verified and trusted electronic versions.

TAILORED SOLUTIONS FOR A MULTILINGUAL CLIENTELE Euro Exim Bank has incorporated a multifaceted clientele from various geographical locations like China, India, UAE, Malaysia, Africa, Indonesia, Thailand and Vietnam. Many examples of their exclusive clientele include importers of non-perishable foods to stock supermarkets, buyers of technology for re-manufacture into new industrial machinery, garment manufacturers, scrap metal collectors for re-manufacture into countless new products, people building agricultural machinery, and many others. In short, they have clients of all sorts from a variety of verticals.

AN INDOMITABLE BUSINESS MODEL EEB has a very strong and sustainable business model, facilitating the transactions that enable cross border trade, eventually remaining as an essential component in the supply chain. Their business model is further empowered by the partnership with RippleNet. The partnership has devised xCurrent and On-Demand Liquidity (ODL), to save time and mitigate risks. xCurrent directs cross-border payments into customer accounts without correspondent bank relationships or currency fluctuation. On-Demand Liquidity (ODL) minimizes liquidity costs, reducing cash flow issues, using XRP as the underlying digital asset, rather than switching into more expensive often restricted fiat currencies.

This client base often meets collateral requirements placed on them by large institutions, imposing 110% of the value of trades to be locked in an escrow account for the time of the transaction. Since trades can carry up to 360 days, it creates a devastating effect that locks cash flow and makes it nearly impossible to compete or participate in open markets. To resolve this, EEB approaches with appropriate collateral requirements (with no less due diligence, compliance, KYC, AML checks). Using these measures, EEB assists buyers in handling multiple trades, each secured, safe, and trusted with specific terms applied. The above situation is more pertinent in the African region as there is a traditional lack of trust, liquidity, local bank trade expertise and willingness to finance transactions. However, now, with ongoing US-China trade wars and other supply chains disrupted, the region is being eyed for raw materials with a new light, potentially super-ceding China as a prime supplier to the USA for several goods.

“Trust, leadership, experience, personal

relationships, country expertise, speed of response, cost-effective instruments and above all continued contact and information sharing, remain our ideals, which we have been able to translate a positive experience. - Mr Kaushik Punjani(Director).

”

SYNCHRONIZED WITH ADEPT TECHNOLOGIES In a conscious collaboration between management, sales and IT, EEB has brought the industrial expertise to enhance their infrastructure. Their products are crafted on a cloud-based trade platform that allows them to, maintain www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

By implementing innovative Ripple payment services, EEB has enabled the settlement of cross border transactions using XRP cryptocurrency. The service provides real-time financial exchange, surpassing the traditional 3-5 20

days for wire transfers. In these challenging times, EEB is standing as a major differentiator in providing clients appropriate collateral requirements to trade more competitively and efficiently, placing them ahead of cash-strapped competitors.

EEB is also planning to stimulate rapid sales team growth, more country coverage, technical enhancements to speed up instrument issuance processes, and accessing more clients in opportunistic emerging markets. With an incremental position in the market, EEB has opened doors to smaller currently disadvantaged companies. By providing appropriate trade initiation solutions, they are willing to create a competitive stature of these companies, in the international arena.

A DEXTEROUS WORKFORCE EEB has employed an apex team of specialists, who are versed in the arena of trade finance. To keep this team at the optimal state, the Company constantly trains them, as well as update them with the trends in the industry and the peripheral important topics, such as compliance, due diligence, sales practice, sanctions etc. This helps in developing the staff members’ interest, loyalty and expertise towards the business continuity, international, national and local implications of health issues and impacts on trade (i.e. Covid-19), regulation and sanctions. This ultimately makes EEB more vigilant in the fight against fraud, double invoicing, scams and money laundering.

“

It is this depth of information, constantly changing requirements and desire to learn that sees every role as vitally important

”

asserts Mr Punjani

Each staff gets the opportunity to grow their expertise, making their skills transferable and valuable across the various departments of the Company and in their future careers. BESTOWED WITH NOTABLE ACHIEVEMENTS EEB has deliberately innovated the arena of trade finance by banking on technological platforms. By associating with Ripple, they have crafted blockchain-enabled, real-time seamless payment solutions like xCurrent and ODL; for which, they were bestowed with, “Best Technology Collaboration Award”, by Global Trade Review (GTR). In the melancholy caused by COVID-19, EEB has provided pioneering services for a global client base by utilizing digital technology. They are also featured, in many internationally acclaimed business journals like UK Parliamentary Review, International Finance, The European, CIO Review, World Business Review, The CEO Story, among the rest, as the ‘50 Most Trusted companies’, ‘Most Innovative Companies of the Year’, 10 Most influential Companies of the Year’, and lot more. For their delivery and applications of ingenious solutions, they were recently nominated, as one of the ‘10 Best Fintech Solution Providers to watch out for in 2020’. A WELL PLANNED FUTURE Within 5 years of inception, EEB has shown an admirable progression. Starting with 3 employees, the Company has incorporated an international workforce, steady revenue increase from targeted services, the value of the instruments EEB has been approached to issue over the years above 3 trillion dollars, geographic expansion and new offices with special projects.

KAUSHIK PUNJANI Director

Moving forward, EEB is aiming for sensible and agile management to ensure healthy revenue and profit growth. 21

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

NEVER MISS OUR

EDITION

INDIAâ&#x20AC;&#x2122;S FASTEST GROWING

BUY NOW FOLLOW NOW

BUSINESS MAGAZINE

SUBCRIBE NOW

Business Connect offers you amazing business stories along with multiple interesting and motivational stories written by our experienced editors. You may grab an opportunity through our special offer : Get 12 Issues by paying just Rs. 1000. I would like to subscribe* Business Connect for one year at Rs.1000 (12 issues) I am enclosing the Cheque/DD no. _________________________ dated ___________________ of Rs. ________________ of bank __________________________________________ Branch ______________________________________________ drawn in favour of FANZINEINDIA. My Personal mailing details (IN BLOCK LETTERS): NAME _____________________________________________________ Company Name _____________________________________________ Designation _____________________________________ Address _________________________________________________________________________________________________ _________________________ City _________________________ State ______________________ PIN ____________________ Telephone _______________________________ Email (Required*)__________________________________________________ Age in years _______________ Experience _______________ Industry ___________________ Education __________________ Your feedback about the magazine ___________________________________________________________________________ How did you come to know about Business Connect? ______________________________________________________________ Now you can also subscribe through credit card: visit - http://www.businessconnectindia.in

All the payments are accepted in Cheque/DD favouring: FANZINEINDIA, 701, DDA 2, Janakpuri District Center, new Delhi-1410058 *This offer is valid in India only. Please mention your name and address on the back side of your Cheque/DD. Cancellation and refunds are not allowed. If you have any query, please send us the email to corporate@businessconnectindia.in or call to 011-41065208. 23

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Cuisine

BEST FOODS AND DRINKS TO

Have Before Going to Bed

“

”

Once Dalai Lama said, Sleep is the best mediation.

And meditation is the best medication to reduce stress and anxiety. In professional life, it improves your productivity and concentration level as well. However, it has become difficult for many people. They struggle so much to get sleep, even some people have midnight awaken problem. As a result, many people own home remedies to boost sleeping quality.

Today, we are discussing the top 5 best foods and drinks which can help you to improve your sleeping cycle. But make sure you are consuming before going to bed.

ALMONDS Almonds count as one of those foods that deliver a massive amount of nutrients. As per nutrtiondata.self. com, 28 g almonds hold 3.5g fibre, 6g protein, 14g fat, Vitamin E 37%, Manganese 32% of RDI, and Magnesium 20% of RDI. Apart from that, it also gets a good number of coppers, phosphorus, and Vitamin B2. NIH reports show that on daily basis, the bodies of men and women require 25% manganese and 31% respectively. Eating this antioxidant source almond every day protect our many body’s cells from harmful inflammation that causes chronic disease. As per pubmed.gov, almond consumption eliminates oxidative DNA and lipid peroxidation in male smokers. According to NCBI, magnesium is associated with good sleeping quality, since almond contains a sufficient amount of magnesium, it will indeed improve sleep quality. So, don’t forget to have them before bed. www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

CHAMOMILE TEA Chamomile Tea is one of the very popular beverages, has been taken to improve sleeping quality and benefit overall health. This herbal tea doesn’t just improve sleeping quality, but It also promotes a variety of benefits. It contains Flavones (a class of antioxidants), which prevent chronic disease. According to NCBI reports, consumption of chamomile tea may support immune systems, decrease anxiety and depression, and improve skin health as well. In 2011 a study had done on 34 adults and found that consuming 270 g chamomile extract twice in the day helped fell asleep 15 min faster and experienced less nighttime wakening. As reported by NCBI, for those who drink chamomile tea daily have lower symptoms of depression. KIWIS Kiwis is one of the best-loaded nutrition fruits that contains Vitamins C, Vitamin K, Vitamin E, and folate, and potassium. It is a rich source of antioxidants and fibre as well. Furthermore, eating kiwis every day may benefit the immune system, digestion system, eliminate inflammation, lower your cholesterol, and many more. In addition, Kiwis is beneficial to treat asthma. In one study, eating kiwis for 4-week daily has helped people to fell asleep 42% faster than when they didn’t have before going to bed. So, if you have midnight awaken problem or bad sleeping quality, it would be great to start consuming every day. WALNUTS If you eat just a handful of walnuts a day, you will see all kinds of positive changes in your health and wellness. The walnuts contain a large amount of nutrition like fibre, fat, Vitamins, and minerals, rather than other common nuts have. Besides, it is also known for a good amount of Omega-3 fatty acid and linoleic acid, which are very essential for our body. A preliminary, pubmed.gov studies on walnuts, has found that consuming a walnut daily can prevent oxidative damage of “bad” LDL cholesterol. Since it contains Omega-3s, it may protect you from heart disease. The fatty acid can also contribute to sleep well. So, after having dinner, do not forget to consume at least 5 walnuts every day. MILK I know most of you include milk in breakfast and some after breakfast. But having milk at night is something that you should not avoid at all. Even if you are too full with your dinner, take a small cup of milk because it reduces your poor and scattered sleep. Having warm milk is a tradition and should be followed to cultivate relaxation, relieve anxiety, and facilitate a more restful night’s sleep. There are certain compounds like Tryptophan and Melatonin, which promote healthy sleep cycles. Tryptophan is an amino acid in proteinbased foods. It is a key player in the production of the neuro transmitter called serotonin. Melatonin is also called sleep hormone, released by your nerve brain. It aids balance your circadian rhythm and makes your body enter into the sleep cycle.

THE BOTTOM LINE

People need a minimum of 7 hours of uninterrupted sleep practice for their healthy lifestyle. These foods contain the sleep-regulating hormone, meaning regular consumption will improve your poor sleeping quality. 25

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

ANTHOLOGY INC

Revolutionizing Higher Education with the Power of Edtech Ashwathy Nair | Business Connect Anthology Inc. is a global leader in the Edtech space, known for its expertise in providing technology solutions for higher education, skill development, as well as technical and vocational training institutions across the globe. Headquartered in Boca Raton, USA, Anthology is a single entity of three turn around specialists – Campus Management, Campus Labs, and iModules. Anthology has always ascertained the proper use of technology as the corner stone of student success and educational outcomes. It strongly supports the new National Education Policy (NEP) to encourage tech-providers to take a holistic approach of fast-tracking digital adoption of campuses for technology integration across teaching, learning as well as assessment. Its innovative solutions - are designed leveraging Microsoft technologies, including Microsoft Azure, Microsoft Office 365, and Microsoft Dynamics 365. Anthology is born with the motivation to re-define the purpose of Edtech solutions towards higher education. With constant evolution in the technology space, it is no longer about software in silos that run operations for one purpose. Never the less, while these solutions empower individual departments, an institution as a whole faces difficult times harnessing the power of information. Anthology believes the true power comes from connecting experience and sentiment to the measurement of how the actions affect outcomes. On that note, the Company helps in transforming the higher education industry, by connecting colleges and universities with real-time and cross-departmental data to drive actionable insights, that proliferate institutional missions. FACTORS THAT GIVE AN EDGE Anthology’s solutions map encompasses industry-leading requirements for Education 4.0 from Digital Campus, Research Excellence, Student Experience to Accreditation & Compliance. Implanting leading solutions gives better understanding of students’ experience to provide robust solutions in student engagement, faculty enablement, student retention, blended learning, library management, lifelong learning as well as career services. The ability to provide pioneering solutions is further driven, by existing leadership position in CRM solutions to support recruiting, enrollment, student success, and alumni engagement to deliver a holistic view of constituent relationships. The process concludes to, deliver data visualization and analytics to empower decision-making by institutional administrators. The development of products and solutions is also attributed, by modern technologies. Anthology is positioned as a one-stop-solution for all Edtech Solutions in higher education, skill development as well as vocational training. It helps Institutions leverage its solutions, helping them succeed and stay aligned to the Industrial Revolution 4.0. Anthology’s solutions are powered by Artificial Intelligence (AI), Big Data Automation, etc. in fact, every advancement that Global Leading Higher Education institutions – are looking forward to strategically align themselves to developments. Their products and solutions help institutions stay student-centric, focuses on education and skills to make them more personalised and portable. With time, student expectations, curriculum, learning and delivery has constantly changed, with student outcomes aligned to the industry needs. www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Anthology’s products and solutions empower institutions to address these changes, stream lining and automating the entire process from student admission to Alumni connect and upgrade the learning process, with modern delivery models. At the end of the day, this integrates the institutional process with the next-generation industrial needs so that students can experience the modern world – mobile and on-demand. WORKING WITH A NOTEWORTHY CLIENTELE Anthology is working, with 2,100+ colleges and universities in 30+ countries, meeting the interests of all constituents of higher education. This includes some of the trending universities like IIM-U, Flame and Timespro. Along with private institutions, the Company facilitates its excellence to skill ministries and mainstream skill organizations propelling the national mission, State universities to address their challenges of institutional advancement and student success. A few names include TNSDC, Tamil Nadu Directorate of Vocational Education & Training (DVET), the MAHA IT initiative that affiliates 14 Universities under a seamless platform. All the solutions curated in these partnerships were actively powered by Campus Management. A synopsis of Anthology’s work with these 3 bodies is shown below:

TNSDC: Anthology works with the Sector Skill Councils, Training Partners, Assessment Agencies and Assessors, Ministries within the Government and Corporate bodies to meet TNSDC’s and associated state govt. upskilling missions. The Skill Development Management System (SDMS), designed by Anthology Inc. plays an integral role in this. The online platform is a Central Information vault, that manages information across all partners including trainees, corporates/SMBs seeking skilled professionals and the Govt. to keep track & monitor a candidate’s training to placement. Govt. agencies can make informed decisions at any point in time, by providing insightful reports. The approach streamlines and authenticates the whole certification process, with each citizen’s record checked against the Aadhaar number and facilitates placement by incorporating the SDMS job mechanism into the backend.

RAJ CM SVP & Managing Director International Operations. EMEA & APAC, Anthology Inc.

Directorate of Vocational Education & Training (DVET): In this partnership, Anthology Inc. has developed a web-based decentralised government platform that can cover all 35 districts and sub-districts and supervised, by 6 divisional offices. The platform enabled a sound functioning of DVET’s academic framework, from admission to providing Job opportunities after course completion. The platform has effectively accrued 4 lakh, 70 thousand registered candidates, to date – bridging urban and rural obstacles. Furthermore, it accommodates 15 allocation metrics to include ethnicity, religion, social strata of candidates, people with disabilities, academic scores, athletics, defence background, etc. through 6 applicant iterations, for the choice of program. All 900+ institutes under DVET in Maharashtra are covered under this solution.

centres, accumulating around 1.6 crore students across India. Anthology is a one-of-a-kind organisation for its holistic solution and enjoys No. 1 market share. The Company has achieved a mandate to digitally transform 16 major universities in India. Their SDMS platform is a significant tool for NSDC assisting in employment of the youth and are also used, by 18,000+ training partners and 12 million candidates, registered in the programmes. During the COVID-19 pandemic, Anthology incurred a massive collection. The education industry faced a paradigm shift and was compelled to adapt to a remote framework, for training and learning. Many institutions weren’t ready for this, with respect to knowledge and infrastructure. Anthology came to assist these challenges, facilitating institutions with tailored digital solutions.

MAHA IT INITIATIVE: Working in this partnership, Anthology Inc. devised India’s first University Management System. The platform is foreseen to be India’s fore most state-wide University Management System covering 14 universities of Maharashtra, 4700 constituent and affiliated colleges. The cloudbased solution works on the CampusNexus platform, enabling the Govt. to propagate education and skill development across 27 Lakh aspirants in the state. The trajectory includes implementation of an end-to-end ERP Solution that covers students, faculty, operations and finance.

FORMIDABLE PROSPECTS With its base of operations in India, the US-based tech entrepreneurship foresees to augment India’s higher education framework increasing student success and operational efficiency, through effective technology. The Company is already in conversations with state governments, to deploy university management systems to address their student intake and streamline operations, for better transparency and compliance. The solutions will play an integral role in identifying employment opportunities for students coming from higher education or vocational institutes.

ANTHOLOGY – A BLESSING TO INDIA’S NATIONAL MISSION Anthology is highly driven on the nation’s mission to empower quality education across the country. It has built progressive relations both in Govt. and Private foundations, propelling their institutional success with scalable technologies. Its services are utilized, by more than- 8000 Institutions and 20,000+ learning

Moving ahead, the Company is also planning to establish in Tier 2 Cities of India and augment its workforce standing with 600+ employees – more than 50% of its global workforce. 27

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

strawfit

A Revolutionary Product for a Better Health Dr. Amit Mishra | Business Connect

ime flows like an uninterrupted river - its stream brings constant evolution in the dress we wear, the technology we use, what we eat, etc. In short, our lives are significantly re-shaped, with developments in time. Now, with time, people’s preference has shifted from safe and healthy to healthy and delightful, when it comes to food. To be very specific, they prefer something innovative that revolutionizes the old practices. From toddlers to kids and matured ones, milk is quite an uninviting food and even adding flavours doesn’t incur any incremental value. Now, this is a big problem, and the world needs something – delightful yet innovative. Nevertheless, when issues grow too high, people step up to fix the issue, causing significant change. In this case, a fantastic duo -Rajat Jain (Head of Production) and Shashank Jain (Head of Marketing) formulated ‘Strawfit’, and revolutionized and the long-standing practice of consuming milk. Strawfit is a one-of-a-kind product contrived under the banner of Bourgeon Foods LLP. It is extremely research-driven and valuably synchronized with the emerging market. Strawfit has been conferred for quality all over the country and has a valuable recognition on pioneering e-commerce platforms like Amazon.

SHASHANK JAIN Head of Marketing

RAJAT JAIN

Head of Production

A VISIONARY FIRM, A REVOLUTIONARY PRODUCT The name ‘Bourgeon’ is coined on the Company’s focus to grow by procuring out-of-the-blue products, and has been growing rapidly since 2016. With a one-of-a-kind concept and exemplary advancements, Bourgeon Foods aims to deliver health at customer’s doorsteps using smarter & faster manner, with creative innovations and techniques without harming the environment. Strawfit is India’s first & only patented Immunity-Boosting Milk Flavouring Straw and that makes it unique. It’s the most interesting substitute for conventional malt-based powdered flavour products and revolutionizes the way of drinking milk in India. Strawfit enjoys popularity on various Social Media Platforms as well. The Company collaborates with bloggers and social media influencers on digital platforms such as Instagram, Facebook, YouTube etc. and also run offers and give aways to connect, with newer audiences and spread awareness of the product. In-shop promotion, branding and live sampling encompass their offline promotion efforts. WHEN DELIGHT BLENDS WITH INNOVATION How do you infuse health and innovation to curate a break through product? First, gather all the goodness of www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

uncountable sleepless nights, researching and brainstorming to get what we wanted”, asserts Shashank. Nevertheless, the hard workpaid off & now their product is, enjoying a wide presence amongst kids & parents. Many of them have accoladed the product for inciting the love for milk in their children. EMPOWERED BY A ROBUST TEAM Strawfit’s foundation levitates on three core values - Concept, Convenience & Complete health. Strawfit positions itself at the forefront of the FMCG market; the innovative minds behind it, play an integral role to maintain this position. Strawfit burgeoned its wheels with only Rajat and Shashank on board, but in its way, it has amassed a team of experienced members filled ideas and creativity. Every team member exhibits deliberate enthusiasm and pushes effort for constant development and innovation. This special combination of experience with enthusiasm makes the team a one-of-kind.

nature and science, blend them and carve an alluring form, and pack them into a hygienic material. Finally, put it in an attractive package. This recipe is, actually an excerpt of the arduous process that forms Strawfit. Essential vitamins and minerals, proteins and the goodness of Colostrum make the core ingredients, which are mixed and formed into uniform flavour balls ‘Pearls of Goodness’, as the Company calls it. Afterwards, the pearls are packed in a BPA free recyclable straw to ensure an enjoyable and mess-free consumption of the milk. Then the straws, are individually sealed in a flow wrap to preserve the taste, health and happiness it is set to deliver. Lump formation is a big issue in powder milk products, especially in monsoon and degrades the quality of milk.But, Strawfit ensures a safe and healthy milk consumption as it comes packed in moisture free and hygienic wraps. Strawfit’s unmatched quality is, accredited by GMP and similar certifications such as ISO:2015 & ISO:22000. From procuring raw materials to manufacturing and packaging, everything is closely monitored. Every batch goes through strict quality parameters before it moves out of the production unit. Moreover, Strawfit encompasses a young and adroit workforce seasoned in digital marketing trends, latest online tools & tactics to stay up in the game. Its also has an inbuilt CRM & Sales Software to streamline their operations. “From production to sales, I feel we tick all checkboxes in technological advancement’s aspect”, acknowledges Rajat enthusiastically. DESIGNED FOR EVERYONE Although the majority of Strawfit’s consumers include adolescent kids, who require more immunity & energy for their complete growth & development, it is made for everyone. Whether its a toddler ready to leave the bottle habit, the young lad who hates milk, kids with low immunity, the young fitness enthusiasts or even the toothless grandfather or grandmother. The world is growing at a faster pace and to meet the speed one needs be to fit & smart. In such a fastgrowing environment, Strawfit is a big step towards health and taste in a single product.

GROWING IN LEAPS AND BOUNDS In its journey, Strawfit has shown admirable growth surpassing various challenges on the way. The recent pandemic was the biggest challenge for Strawfit in its short history, but it opened a window of opportunities as well. Since physical interaction was strictly barred, it focused on e-commerce platforms and channelled a wider presence on the online space.“Our main focus during the pandemic was to deliver immunity at the doorsteps of our customers by keeping safety as our priority”, asserts Shashank. Staying integrated and leveraging on digital platforms always give them an upper hand. Furthermore, team members in production and delivery were provided, with safety gears for protection. The sheer will and motivation of everyone at Strawfit have rewarded it with several accolades. The first breakthrough came when Bourgeon Foods LLP got “Start-up Recognition”, and the joy doubled when Strawfit earned its patent. For its durability, the Amazon Launchpad recognized Bourgeon Foods as the “Indian Innovators” of the year 2020. After an award-winning journey across the nation, Strawfit sets its next pitch for the International market. “our R&D team is working hard to bring revolution in the area of food with innovative ideas and resourcefulness, developing richer taste and happier lives of our customers and community”, says Rajat. Shortly, the brand is aiming to introduce exotic Indian flavours and other range of option for the International market. ENLIGHTENING WORDS FROM THE LEADERS “Be optimistic & never lose hope – This is the biggest mantra. Every day brings us new challenges & adventures, but we need to be resilient and learn from mistakes, and surround ourselves with trusted people, it’s the biggest incentive. We are a country of young and enthusiastic heads, and to stay in the game, we need to be clear - of our thought and business plan while keeping up with market trends”.

But behind the curtain, the leaders and a team of enthusiasts relentlessly worked on R&D for - 2 years, bringing together the concept, taste profile and machinery.“We started out as a bootstrapped foundation on a single idea; we spent 29

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Tourism

How Has COVID-19 Reshaped

THE TOURISM INDUSTRY? Tourism plays a dynamic role in a competitive world. It requires the capacity to adjust continually to clientsâ&#x20AC;&#x2122; changing needs. It wants, as consumer loyalty, security, and satisfaction are the fundamental objective is to focus on the travel industry organizations. In the wake of the coronavirus pandemic, the tourism sector is one of the most affected sectors. The Indian travel and tourism industry has dealt a crippling blow during the COVID-19 pandemic. In a recent scenario, it is likely to say that the entire value chain linked sector is about to lose around Rs 5 lakh crore or US$65.57 billion. The CII-Hotelivate survey reports that the organized sector alone is likely to lose $25 billion. It tends that the figure is quite alarming, and the industry needs immediate support. Business travel will decrease significantly, and the entrepreneurs will connect virtually, online meetings have become the norm. Corporate advisors are out in most multinational travels. A considerable extent of organizations is effectively looking for both to decrease business trip and to cut the number of representatives driving even to the working environment. Impacting all geographical segments, the pandemic hit the Indian Tourism Industry segments like - inbound, outbound, and domestic, almost all tourism verticals- leisure, agriculture, heritage, MICE, cruise, corporate, and NICHE segments are affected. PANDEMIC EFFECT ON AIRLINES The outbreak of the coronavirus pandemic and the lockdown it visible that pandemic triggered the financial market most. On a scale of the pandemic, the Aviation sector is the worst-affected amidst the COVID-19 crisis. According to the International Air Transport Association, airline sectors globally can lose in passenger revenues of up to $113 billion. Airfares booking drop nearly 30percent due to virus affected destinations. The growth of domestic travellers has been affected by travellers postponing or cancelling their travel plans. www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

HOTEL INDUSTRY AFFECTED BY COVID-19 COVID-19 forced a virtual halt to the country, the economy, and the hotel industry is one of the affected industries during the pandemic. Lodgings are fundamental to getting our economy in the groove again and supporting a vast number of occupations the nation over. A full bounce back in movement is years away, and Congressional help is critically expected to bring our representatives back, keep our entryways open and get by through this emergency. Companies like MICE will go on shut for a while. Most of the events and conferences, launches, festivals, seminars, symposiums, conventions are going to cancel during the pandemic. COVID created a panic momentum for the spectators of sports. Significant events got cancelled or postponed. It will be some time before the energy for huge social affair occasions will reignite. The flagship 2020 mega-events are going to be less attractive. The Olympics in Tokyo and the Expo will be in Dubai. Both the significant events were pushed by a year, the world will limp back to normalcy by mid to late 2021. Nations holding up till a safe immunization is found, and COVID looks conquerable and controllable, uber world occasions may lose their sheen and will be pale shadows of guests. Mature travellers and group travellers will shrink. India is one of the largest travel group in the market. The past few years old folks have become severe, people have taken care of family and responsibilities for the first time, and middle-class families both can shrink significantly. Tourism may look inwards to be thankful for traditional domestic travel destinations Himachal Pradesh, Ladakh, Goa, Mumbai, Jammu and Kashmir, Maldives have remained largely inert to the virus. â&#x20AC;˘

Tourism is a beautiful economic contribution to todayâ&#x20AC;&#x2122;s economy. It is an incredible route for individuals to go through their cash and for urban areas to pull in others. In doing as such, urban communities over the world draw in a large number of dollars so that outsiders find the opportunity to encounter life in another spot. Hoping to do much travel in various countries. During a pandemic, people may not get the chance to go and explore things.

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

Enterprise dedicated to Infrastructure Engineering Consultancy, Construction Management and Financial Feasibility of the Construction Projects. Sugandh Bahl | Business Connect

n Roads, Highways, Bridges, Railways, Metro, Tunnels and Hydro projects, etc the engineering industry is important for supporting the industrial sectors. It has always been an area of focus for a country’s economic growth. Government is also promoting investment in this sector as it is important to preserve economic development in the economy. While hiring the services of an Engineering consultant, the customer or contractor should have a reasonably clear idea of the Engineering consultant’s competence, skills and history before hiring a consultant. There have been instances where thoughtless selection produced issues. In third world nations, consumers usually try to select an Engineering consultant for their financial constraints on price rather than on the basis of expertise, resulting in delays and project losses. For any solutions that can be innovative but at the same time environmentally sustainable, a professional consultant engineer would ensure that leading-edge technology is used. From the original one-man show to large consulting organizations that have come up offering multi-disciplinary services and serving global clients, including those in India, the contours of the consulting fraternity are changing. For businesses of all forms, sizes and technologies, CivilMantra provides an extensive suite of, advisory and project management services ranging from design to commissioning. CivilMantra has worked to provide engineering consultancy services at various stages of the infrastructure project starting from, Feasibility Studies, Detailed Project Report, Due - Diligence Engineering Services, Detailed Engineering Services, Proof Check Consultancy, Safety Consultancy, Authority Engineering and Project Management Consultancy Services for a range of public and private clients under various segment of Civil infrastructure including, Roads, Highways, Bridges, Railways, Metro, Tunnels, Hydro bridges and other infrastructure and urban infrastructure etc. The company has a clientage of various major businesses/ contractors in a very short span of time, such as Montecarlo Limited, Apco Infratech Pvt Ltd, PNC Infratech, Sadbhav Engineering Ltd, Barbrik Projects Limited, HG infra, GAWAR Constructions, Afcons Infrastructure Ltd, Raj Path Infracon, Valecha Engineering Ltd, Gannon Dunkerley and Co. Ltd etc and More than 50 Mid Cap Contractors along with various government bodies. “We are currently carrying out multiple Indian mega projects for Post Tender Engineering Services such as “MumbaiNagpur Samruddhi Expressway” and “Aligarh-Kanpur Road projects” and many more.” “Our expertise lies in our range of services we deliver in the field of Post Tender Engineering Services, including new technologies, innovations and value engineering from design www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

SUSHEEL BHARDWAJ Managing Director prospective especially in the field of various structure designs. All these innovative ideas and value engineering in the design work have a significant impact on overall cost of the project and material usage, which leads both contractor and nations towards achieving sustainable development. As a result we have repeated requests from our renowned customers.” Throughout the project cycle, the sheer success and reliability in execution has made Civil Mantra a preferred engineering and project management partner across the country. There are many challenges in the infrastructure industry having very significant impact on the economy both in terms of the usage of natural resources and allied cost of the project. We need to cope up with these challenges as soon as possible in order to kick start the economic growth and for this first we have to adopt and make a comfortable atmosphere for the digital transformation in Infrastructure which is must to achieve the growth - effectively, efficiently and sustainably. Further we also need to move from traditional methods/ procedures and standards of the construction towards the Innovative Ideas, Modern Technologies, and value engineering to achieve economic growth in true manner.

“Through

organizational transparency, clarity of style, creativity and quality growth, we are working honesty for consumer excellence.

”

The MD, Susheel Bhardwaj, expresses that we are actively innovating, upgrading and revolutionizing our methods to provide the very latest and new in consultancy services that meet with the highest quality standards, talking about the operating style, quality control and research and development. 32

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

HESOL CONSULTING Logistics & Supply Chain Consultants of the Year 2020 Avishek Singh | Business Connect

Hesol revolutionizes Supply Chains through ‘Out of the Box’ Supply Chain Solutions that yield ROI within 6 Months In this new era, where customers call the final shot, Organization with the best Supply Chain wins and holds a competitive edge in the market. In the past decades, the focus on manufacturing slowly and steadily shifted towards the Big Picture - the Supply Chain. Post Covid-19, Supply Chain strongly cemented its strategic and operational importance in global organizations. As we stand today - agile, reliable, and swift Supply Chain is the crucial point of discussion in most of the board rooms. Hesol Consulting’s mission is to be the most reliable supply chain service provider in driving Supply Chain Transformation and Supply Chain Optimization. The Company is the pioneer in enabling a lean consulting workflow in the consulting arena, thereby offering Industry best solutions at a very quick turnaround.

Alvis Lazarus CEO

THE AWARD

Hesol Consulting is awarded the ‘Most Prestigious Logistics and Supply Chain Consultants of the Year 2020’. This recognition is truly deserved for its pioneering supply chain solutions in diverse supply chains namely – Agri products, organic foods, milk, coconut & superfoods, water and so on. Another feather on its cap is the ‘Supply chain and Logistics Framework for Post Covid19 Transformation’ that benefited many organizations to embrace growth and profitability at these tough times. They also work across other sectors like Automotive, FMCG, Pharma, Textile, Retail, and E-Commerce. Hesol also www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Hemalatha Thanukonda COO

achieved this recognition via its customer experience framework, with which, it provides best-in-class service to the adored clients.

KEY CLIENTS OF HESOL - Mahindra, Arvind Fashions, Brenntag, Paragon, NBC, Jindal Textile, HCL, Curatio, Danfoss, Ramtons, Liner Supply, East West Food, Swiggy, Y-Not, JU Agri, Jival, Rentomojo.

ABOUT HESOL CONSULTING

Hesol Consulting, headquartered in Bangalore, India, is a private limited company that provides end-to-end services on Supply Chain Strategy, Simulation, Solution Design, and Implementation across 15+ sectors. It has successfully delivered more than 400+ supply- chain programs across 25+ countries. Hesol has already delivered 10+ Million USD in Value Prop. for its clients in 2020. You can read more about Hesol at http://www.hesol.co.in/about/

COMPETITIVE EDGE

Though Hesol has the capability on most key supply chain technologies and software, it neither sells any product (software/tech/automation) nor ties-up with any product; thereby there is no pressure on them to justify or be limited by a product. This enables Hesol to completely focus on the solution that can provide a great ROI to the clients. This approach also helps them to work across MNCs, SMEs and start-ups. Hesol is the first consulting firm to introduce a measure called ‘ROC’ (Return on Consulting). Using this measure, Hesol showcases how its consulting efforts break-even well before the implementation itself. Supply Chain and Logistics solutions of Hesol help organizations achieve a strategic position of vantage in the current competitive business environment and there-by achieve a sustainable competitive edge over their peers. Over past years, they have built an organization, process framework & workforce uniquely equipped to provide reliable and effective solutions to complex Supply Chain and Logistics business requirements. Hesol’s USP also lies on ‘Home Grown Tools’ developed by Hesol Consultants for solving business cases on Network Optimization, Warehouse Optimization, Storage Efficiency, Should Costing and Inventory Optimization. The benefits of these tools over the off-the-shelf software are flexibility, no restriction on the iterations and the cost of a run is much

budget-friendly. Hesol also builds from scratch most of the out-of-the-box solutions like sortation systems, conveyors, PLC programmed automation, PTL systems, IoT SC Devices, and other automation. This solves one of the crucial requirements of Customized Solutions rather than trying to fit and adjust what is readily available in the market.

OPERATIONS AT HESOL CONSULTING

Even before Covid-19, Hesol worked on a virtual work environment. They do have a co-working office arrangement across 18+ cities that is used during onsite. Years before itself, Hesol has set an environment that is paperless, digital, and data secure. By 2016, Hesol became fully transformed Digital Organization where virtual collaboration happens seamlessly. The Company is also light in terms of the fixed workforce – only the solutions designing consultants are in the roles and rest of all the skill sets can be driven through an SOP on partthat time. This enables Hesol to provide the best ROI for its clients without any dip on the quality of deliverables.

SUPPLY CHAIN COMMUNITY

Hesol is the only consulting firm that contributes more than 30% of its bandwidth on teaching and mentoring. They run a supply chain educational portal focussed on students. Through their portal ‘Supply Chain Way’ (www.supplychainway.com), they coach on supply chain basics and also supports thousands of people to shape up their supply chain career. 35

FOUNDING DIRECTORS & CONSULTANTS

Alvis Lazarus is a ‘Seasoned Supply Chain Consultant’ with 2 decades of hands-on experience in building “Reliable & Scalable logistics and supply chain solutions” that enable growth and enhance profitability of an organization. He is specialized in devising national and international level supply chain strategies, solutions design and spearheading supply- chain implementations. He has handled ‘All India Operations’ at 3M, Flipkart and Commonfloor and served in a Global Consultant Role with Caterpillar. He is a certified Lean & Six Sigma MBB and Champion – coached more than 500+ Lean and Six Sigma Green belts and Black Belts. Moreover, he has global exposure on handling operations and leading Supply-chain, Warehousing & Logistics Projects across EMEA, APAC & AMERICAN regions. Hemalatha Thanukonda is a global mentor for women entrepreneurs and strongly believes in women empowerment and entrepreneurship. She also co-founded an e-Commerce venture – a rural retail startup. Currently, she is mentoring a herbal product firm to enhance their online-offline presence, fundraising fronts and coaching few other start-ups as well. She worked as a supply chain consultant in Caterpillar Logistics, Neovia Logistics and MaFoi Analytics serving clients across the US, Europe and APAC regions. The dynamo specializes in Vendor Management, Analytics and Digital Transformations.

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Business

of doing business Overview:

As we all know a new startup requires a lot of work and effort to stabilize the business, but thatâ&#x20AC;&#x2122;s not enough, to sustain business growth we also need good resources such as finance, acceptance of social norms, proper market conditions, labor, and many others. That means, we have to research about the places where we are trying to start a business. One of the most important things, check out the country rank ease of doing business. Ease of doing business Index clarify the right business environment countries. The index tells us how easily we can get resources.

What is the Ease of doing business? Ease of doing business is one of the most effective Index created by two economists simeone Djankov and Gerhard Phol. Every year the world bank publishes ease of doing business index, this rank indicates us, How effortlessly you can start a business in a country. This rank is the aggregated figure which includes 12 different parameters. Recently ease of doing business 2020 report is released and showed 190 countries ranking. For your information, empirical research invested by the world bank to explain their work show. Measure in ease of doing business: As I have mentioned earlier that rankings lists are made based on a countryâ&#x20AC;&#x2122;s performance on 12 different parameters. These parameters are captured by small and mid-size companies experiences in a country.

Here are 10 parameters that are used for calculating ease of doing business. 1. 2. 3. 4. 5.

Starting a business Dealing with construction permits Getting electricity Registering property Getting credits

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

6. 7. 8. 9. 10.

Protecting minorities investors Paying taxes Export-import across the border Enforcing contracts Resolving insolvency

What is the importance of doing business ranks? Ease of doing business is vividly evaluated by investors. When they try to invest money in any country or start a firm. In a short way, the country’s GDP will start to increase rapidly. Here are the top 10 doing business ranking countries such as New Zealand, Singapore, Hong Kong, Denmark, Korea rep, United States, Georgia United kingdom, Norway, and Sweden. In these countries, anybody can start a firm very easily.

India’s performance in 2019 : India has performed well in 2019. According to EODB Rank, India has got 63 out of 190. If we see the past history of doing business ranking that clarify the improvement. So let’s have a glance. • • • • •

In 2005, India had 116 rank 2005 to 2014 India had 142 rank 2014 to 2016 India got 130 rank 2016 to 2018 India received 100 2019, India has 63 rank.

Apart from India other best performers such as Saudi Arabia 62, Jordan 75, Togo 95, China 31, Pakistan 108. An Insitive of the government of India: A lot of Insitive ideas have taken by prime minister Narendra Modi like the start-up India, make in India and many others. The camping was started on 15 August 2015. Although, these action plans are not working anymore. The government needs to implement those ideas and relaunch them. Recently, the government has cut off the corporation’s taxes. Moreover, GST service is giving relaxation to businesses.

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

METAMORPHOSIS UNLIMITED

Redefining the HR Consultancy landscape for different businesses

Kajal Dobhal | Business Connect

AJAY BAKSHI Founder

HR Consultancy contributes majorly to the growth of any business. This arena primarily focuses on fostering the relations between employers and employees. To bring a sense of synchrony among the management in the work culture, qualified consultants should be reached out by the businesses. What is it, that such a company do to make a difference? We can state that it bestows inexplicable benefits to a business venture with the precious guidance for smooth conduction of the business. There is a unlimited number of reliable firms that offer high-end HR consultancy services. Out of these, Metamorphosis Unlimited is standing out of the crowd with its exemplary approach to enhance the productivity of various types of businesses. Business Connect Magazine has caught up with Ajay Bakshi who is the Founder of this organisation to get better insights into the present HR Consultancy landscape.

AN OVERLAY OF THE COMPANY

A consulting firm, Metamorphosis, proves its forte in Strategic HR & Talent advisory. With the support of its outstanding team comprising 10 Senior Advisors/ Associates from India and Europe, they have carved a niche for themselves in the relevant domain. All these associates are the industry experts from different areas- Manufacturing, IT& ITes, Hotel Industry, Media, Telecom & the Indian Armed Forces performing as CEO’s Board Directors, VP-Finance, COO’s, HR Directors and Strategy Consultants. This exemplary Firm is rendering its state-of-the-art services via its workstation wings in major cities like Pune, Mumbai, Bangalore and Delhi. Metamorphosis offers absolute solutions such as HR Advisory, Talent Management, Executive Coaching, Leadership Development, HR Mentoring, New HR Analytics, HR Capability Building Programs, Business Advisory, Recruitment services to address HR Digitalization and automation requirements of the enterprises across the globe. Owing to its diverse offerings, the Firm is acting as an integrated store that deals with multiple HR and Talent oriented needs. Be it mentoring the aspiring managers in the area of leadership or restructuring the business models for the clients for enhanced outcomes, Metamorphosis has a multi-dimensional approach to add value to its clients’ businesses. It assists the clients from designing the solutions to their implementations. Using multiple scientific methods, they use evaluating criteria like www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

a psychometric test, emotional intelligence test, spiritual intelligence test, competence-based intelligence test and life experience inventory with the help of qualified and trained accessors to help businesses get the best talent on board.

ABOUT THE MISSION AND THE VISION

Expressing the exclusionary vision behind the commencement of this advisory firm, Founder and MD, Ajay Bakshi reveals that he wanted to set up an enterprise that can focus on business outcomes. He elucidates that his venture primarily focuses on helping budding enterprises and major corporations to attain enhanced profits. Initially, Metamorphosis Unlimited encountered some challenges out of which building the trust factor among the clients across the domain was the prominent one. Lack of credibility and transparency in HR Consultancy allowed this venture to acknowledge the pain points that needed to be addressed and today, it is scaling the heights of success effectively. Ajay reveals the key mission of the dream venture i.e to build high performing and sustainable organization by integrating people with the help of their strategies, structure, processes , technology and culture.

A GLANCE AT THE DIFFERENTIATING FACTOR

FEATHERS IN THE CAP

The Founder has been well- recognized for his more than 2 decades of experience in the respective domain. He states that his organisation is enriched with internationally qualified and trained coaches, accessors and facilitators. The continuous convergence towards innovation that integrates conventional as well as the latest best practices to make significant offerings to the client’s business. Moreover, the key differentiator that has bestowed them with great recognition is the customization of the solutions as per the client’s need. The Consulting Firm is unwaveringly focussed in resolving the business issues of its client, allowing them to excel in their respective areas. They majorly emphasize cost-cutting, managing productivity and efficiency without compromising the quality of services.

At present, under the aegis of Ajay Bakshi, the Firm is witnessing great success in the Indian as well as International Market. Multiple awards and accolades in the favour of this Company prove the relentless work they have ensured to take this dream venture to greater heights. Metamorphosis Unlimited has bagged two consecutive awards from ELETS and Ministry of Technical Education Government of Rajasthan in 2017 and 2018. In 2020, they received an award from Times Leap supported by Ministry of MSME, Government of India for the ‘Best Consulting Company of the year’ in the category of Strategic Business & HR advisory. The Award was presented by Shri Pratap Chandra Sarangi, Ministry of State Government of India for Animal husbandry, Dairy, Fisheries and MSME enterprises.

While combating with the COVID-19 scenario, Team Metamorphosis ensured work from home to each associate taking their safety in serious consideration. Despite the market was collapsing during the nationwide lockdown, they maintained to build the appropriate margin owing to their end-to-end quality solutions. The Management has ensured to support its associates amidst these challenging time in the best possible way. No cuts on the paychecks were performed from their end along with ensuring the job security to the workforce by them.

“Ajay has been recognised by Business World for Best HR strategy in line with Business during his former tenure as Director HR for Vodafone Global Services ,prior to his starting his entrepreneurial venture Metamorphosis Unlimited.” Apart from that, the Founder has also bagged HR Leadership awards from the Business world and the Economic Times. The Indian Human Capital Summit bestowed him with CHRO of the year award.

A GLIMPSE OF THE LEADERSHIP STYLE

According to Ajay, he has infused a concept where there is no ‘employee’ in the organisation. Here, everyone associated with the Firm is either considered as a consultant or an associate only. His leadership style encourages each associate to take ownership of this business venture. The work ecosystem is supportive and joyous where performance-based rewards are provided here and there to the associates for their exemplary performances. Management offers significant incentives to the associates as per their overall execution of the services. He believes in empowering the masses to be able to identify their potential for emerging out as a roaring success. Ajay sets a vision and strategy in a particular direction regarding the organisation and then empowers the associates as per those criteria accordingly.

Furthermore, he has been recognized as Top 100 Influential HR leaders in the Asia Pacific HRM.

FUTURE OUTLOOKS

Within a short period, Metamorphosis has extended its reach to over Indian and International markets by being a reliable consultant for various major corporations. They have performed outstandingly while catering to family-run businesses, Indian corporates, domestic and international businesses, government segment,etc. As the Firm foresees bright and blazing future ahead, the Management is planning to expand with the help of associations and partnership. So far, ensuring their global presence, they have started delivering their services in the UK, and South Africa in multiple locations. Furthermore, they are forging ahead to broaden their horizons and striving to continuously improve their customized solutions as per the client’s need.

Each associate has been offered the liberty to toss the innovative recognizing and rewarding the talented heads and inclining them towards his exclusive vision. He aspires to witness each associate with immense success and become an outstanding professional in his area of focus. 39

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

NEXTGEN PLASMA

Imparting excellence and expertise in the welding industry Kajal Dobhal | Business Connect The arc welding industry is witnessing exponential growth over the past few years. This industry significantly contributes to the metalworking industry by optimizing the cost in the metal fabrication process that plays a pivotal role in the development of infrastructure in a country. This sector majorly thrives on the appropriate expertise and relevant acuity of some decade-old corporations that are in a continuous process to offer value-added services. Nextgen Plasma is one such well-reckoned name that brings conventional methodologies and modern innovative techniques under the same umbrella to serve this industry with unparalleled offerings. In our brand-new edition, we take you to a short tour to witness what makes this vintage organization, a matchless player in the industry.

AN OVERLAY OF THE COMPANY

Incepted in the year 2012, Nextgen Plasma has emerged out a leader in its niche domainwelding & cutting systems. Evolving from a family-owned business that was set up in 1988, Nextgen has raised the bars of service standards in the respective industry, since its inception. Intending to grant effective economic solutions to the customers for enhanced productivity via automation, defect-free welds, services for joining difficult materials, energy conservation, man-power optimization and enhanced meantime between failures, the company is making a name in the game. At present, with its headquarter in Kolkata and Manufacturing & Service facilities in Howrah, Nextgen Plasma Pvt. Ltd. manufactures Automated Welding and Cutting systems at its manufacturing plant. Additionally, the veteran company is prominently representing multiple enterprises as an authorized OEM Distributor for Victor Thermal Dynamic in the USA for Plasma Cutting systems and Premium Distributor for Kemppi Oy, Finland.

DEVASIS PAUL Director

Nextgen has ensured its steadfast presence in the industry bringing major enterprises from

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

of ESAB Group), the welding giant of the world, reckoned for providing an absolute solution to the manufacturing industry.

diverse sectors under the umbrella of its clientele-Defence Units, Public Sector Undertakings and MNCs in the sector of Shipbuilding, Power Plant, Railways, Material Handling & Construction Equipment.

Moreover, the company strives to bring forth Robotic solutions for its end customers for ensuring state-of-the-art solutions. To scale greater heights and expand its reach, Nextgen will introduce Classroom Training sessions for Welders via Virtual Reality. This innovative drive will transform the overall dimension of conventional welding training and making them a pioneer in the domain.

MEET THE BRAINS BEHIND THE SUCCESS OF NEXTGEN

• Sharmita Paul, the Chair Person of Nextgen, keeps the whole workforce motivated via her inspirational beliefs, thought process and business acumen. Her excellent prudence in fiscal management and product pricing has allowed Nextgen to ensure the growth in leaps and bounds. Her guidance has been a beacon of hope to the associated individual amid troubled times.

Here and there, Team Nextgen keeps itself in harmony with the latest tech trends.

“

We always endeavour to keep ourselves updated to the time and technology and align our product portfolio as per the market demand. states the Chairman.

“

• Devasis Paul, the Technical Director, has helped the company excel in the industry via comprehensive application engineering of arc welding and thermal cutting. His exclusive technical knowledge has allowed Nextgen to be in symphony with tech trends.

ABOUT ITS TEAM MANAGEMENT COMPETENCY

Nextgen adeptly manages to enhance the team’s skills and competencies. They firmly believe that the latest technologies keep the present generation energetic and motivated enough to seek innoEember inspired enough to be the best version of oneself. The management well acknowledges the fact that customer satisfaction is an outcome of collaborative efforts of all the service department and thereby, a great symphony is maintained among them all.

ABOUT ITS COMPETITIVE EDGE

Nextgen Plasma prioritizes customers’ satisfaction by comprehending their genuine requirements and granting them with product and services, that entirely sync with their aspirations. The team takes pride in its core business philosophy, where acknowledging the customer’s problems related to welding & cutting and catering to those issues accordingly as per their best ability, is quite crucial. Keeping its integrity and morality intact, Nextgen believes in delivering credible solutions to its adored clientele.

Expressing their insights on encountering criticism, the leaders assert that they consider criticism as a firm challenge to their thought process and a way to improve their performances. To them, it is an aspect that allows them to be sensible enough to make better decisions while snapping off their conceited image if any.

Enriched with three decades of experience, the connoisseur offers application engineering solutions making it a preferred choice over its peers. Nextgen’s expertise is well-reckoned by some of India’s premium business houses. And most of most, what ensures its absolute edge in the market, is a wholesome package of best-suited products, training and after-sales services.

Amid difficult times, at Nextgen, the management ensures to motivate the workforce by frequent training sessions and roadmap planning discussions. Both the key officials, firmly emphasize the utilization of latest concepts, advanced mode of operation, automation in the business process that make the employees forge ahead with high-spirits and prove themselves as a beneficial asset to the company.

AN OUTSTANDING BUSINESS MODEL

A unique business model can allow a company to stand out of the crowd. Nextgen’s business model is also an exemplar of how to set sail in the industry by being relevant at the same time. Leading the industry at the forefront, they never rely upon OEM services and offer explicit services to the fullest extent to their adored end-customers.

GLIMPSES OF THE ACHIEVEMENTS AND ACCOLADES

Nextgen has remarkably contributed to the welding industry, be with its trendiest processes for mass production of LPG cylinders or energy-efficient inverter technology, facilitating faster and cheaper business operations. Earlier, prominently know as Paul Engineering & Consultants, the company bagged Distributor of the Year Award in 2009 from Kemppi Oy, Finland for in Dusseldorf.

Amid the pandemic, they operated from home and stood beside their customers by offering constant online support. As soon as the business world resumed its operations, Nextgen brought its operations back on track which testifies their versatile model. Harmonizing with the new normal drive, the company executed export orders amid strict nationwide lockdown that proves their dedication and determination to serve the client’s needs, irrespective of the circumstances.

Furthermore, Nextgen was recognized with an award for its highest sales in a specific high-end brand in 2018, by Kemppi itself. The company foresees an effulgent future ahead as it is in continuous process of introducing Robotic system for demonstration and application engineering. Being a pioneer with this initiative, it will revolutionize the industry with an exclusive automation process. To make pace with the ‘New Normal’ and add value to the society, soon they will grant more employability to the youths via their extensive Training on CNC and Robotic Machine Operations.

SCALABILITY IN CONTINUATION WITH OUT-OF-THE-BOX OFFERINGS

To escalate the ladders of success and prosperity, Nextgen has come up with a Solution Centre partnering as per its principals like Kemppi (a world-leading Finnish Digital Welding Equipment manufacturing ) & Victor Thermal Dynamics (a Member 41

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Current Affairs

CURRENT AFFAIRS

QUINYX ACQUIRES AI WORKFORCE OPTIMIZATION COMPANY WIDGET BRAIN

idget Brain is a company that influences AI to help automate and optimize workforce scheduling. It has been acquired by Quinyx, which is a world leader in Workforce Management Technology. With the acquisition, it will further improve the proposition of Quinyx by letting the companies use its software in order to automate their process of labour optimization with the help of AI-driven technology of Widget Brain. It will further help to increase business efficiency, compliance with labour law, and protection, all while reducing overall labour expenditure. The CEO and Founder of Quinyx, Erik Fjellborg said that “After numerous years of association with Widget Brain, it has been seen that there are advantages of deeper integration of the company’s innovative and leading-edge technology with the help of their software solutions”. ““AI and automation are the future for companies in need of ROI through their WFM process. This acquisition will propel their product range, speed up the development and provide the industry with ‘best-inclass’ WFM AI solutions”. The CEO of Widget Brain, Joachim Arts added: “We have created an incredible piece of AI that lets the customers build better schedules for employees. It’s just bringing automation to the next stage of organizational decision-making. We have found the right partner in Quinyx, who is as serious as we are about bringing the best schedules ever made to workers and employers”. The advanced AI-driven workforce optimization service from Widget Brain enables businesses to balance multiple business priorities by completely automating the process of labour scheduling, resulting in substantial time and cost savings. Their technology enables employers to build schedules that meet the needs of workers, leading to greater retention and engagement. With this acquisition, it would carry the current Quinyx portfolio, which consists of mutual global customers such as Domino’s Pizza and Wello, to new brands, such as Facilicom and Royal Vopak. With Quinyx, Widget Brain’s global team and offices will be incorporated. “We already share a close relationship, clients, and a mutual vision to help companies revolutionize their labour scheduling”, Erik Fjellborg noted. This merger was a perfect match and we cannot wait to leverage the excellent machine learning and AI know-how of Widget Brain to provide the consumer with the latest and most innovative product.

SIGYN THERAPEUTICS ANNOUNCES MERGER WITH REIGN RESOURCES

medical technology company dedicated to the treatment of lifethreatening inflammatory disorders, Sigyn Therapeutics, Inc. confirmed that it’s previously disclosed merger with Reign Resources Corporation has been completed. The newly merged firm will trade under the name Sigyn Therapeutics, Inc. (Sigyn) and will begin trading under the ticker symbol SIGY.

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

The treatment of life-threatening inflammatory conditions caused by Cytokine Storm Syndrome (‘the Cytokine Storm’), a hyperactive immune response that can trigger multiple organ failure and cause death, was created to resolve a major unmet need in global health. The annual market potential exceeds $20 billion for a therapeutic strategy to avoid or mitigate the Cytokine Storm. Sigyn TherapyTM is a blood purification therapy intended to remedy the deficiencies of prior medications and life-threatening inflammatory conditions that are the number 1 cause of in-hospital deaths, including sepsis. Sigyn Therapy is mechanistically designed to reduce the involvement of a large range of inflammatory factors in the human circulatory system. This involves proinflammatory cytokines, aggregates of cytokines, endotoxins, and larger CytoVesicles that transport cytokines and other bloodstream inflammatory cargos. In addition to sepsis, therapeutic opportunities associated with Cytokine Storm which include, but are not limited to, Cytokine Storm virus-induced (a leading cause of COVID-19 deaths), Cytokine Storm bacteria-induced, acute respiratory distress syndrome (ARDS) and acute types of liver failure, including hepatic encephalopathy. Sigyn Therapy may also be a candidate for stabilising or extending the life of patients waiting for a matched liver to be found for transplantation. Sigyn TherapyTM will act as a bridge-to-liver transplant in such a situation. Trauma, extreme burns, acute pancreatitis, adverse drug reactions, cancer immunotherapy, cancer cachexia, acute kidney injury (AKI) and extreme pneumonia can also cause Cytokine Storm Syndrome. “Our goal of establishing Sigyn Therapeutics as a publicly traded business is accomplished by the completion of this merger,” said Sigyn Chairman and CEO, Jim Joyce. “We are undertaking a series of studies to improve the capacity of our technology and to help our regulatory milestone goal of applying an Investigation Device Exemption (IDE) to the United States Food and Drug Administration (FDA) in 2021 to further the development of Sigyn Therapy”. Sigyn has approximately 34 million common shares issued and outstanding in conjunction with the completion of the transaction, with former Sigyn stock investors collectively holding approximately 75 per cent of the combined business on a fully diluted basis, and Reign shareholders collectively holding approximately 25 per cent of the combined company on a fully diluted basis.

FUNDING: SUGAR COSMETICS RAISED $2 MILLION FROM STRIDE VENTURES IN DEBT ROUND

ne of the leading cosmetics brand, SUGAR cosmetics has raised $2 million from Stride Ventures in debt round. For this deal, the fund has also joined with one of India’s leading private banks. The funds will be used by SUGAR in order to meet working capital and inventory requirements along with that, it encourages aggressive growth through the peak sales and festive season.

Driven by Stride Ventures, for this contract, the fund has also partnered with one of India’s leading private funds. Which, with its tailored offering and deep relationships between banks and companies, has committed to becoming a strategic partner in the successful journey of SUGAR. The co-founder and CEO of SUGAR Cosmetics, Vineeta Singh said that “SUGAR plays in a segment of high gross margin that makes debt a fantastic choice for us. We are excited to collaborate with Stride and their partner private bank with superior product-market fit and long-term growth appetite and announce the US $2 million as the first tranche of Series C funding that we expect to close later this year”. Sugar Cosmetics retails online from make-up to daily skincare products, as well as from its own 2,400 stores in 130 cities. The company says that in the last two years it has seen a 6x increase in sales and clocked net revenues in FY20 of Rs 105 crore. The founder and managing partner of Stride Ventures, Ishpreet Gandhi said that “SUGAR has been able to stand apart in a highly competitive environment within a limited period of time. Their branding, business strategy and offering of affordable luxury goods attract the increasing younger audience significantly. In the lifestyle market, the brand has rapidly become a household name and we are excited to be partnering with them on their journey”. Stride Ventures’ tenth investment from its maiden fund is the new infusion and marks the first foray into the lifestyle market. Stride Ventures has been focused on investing in market leaders across industries since its inception. In 2019, Stride Ventures launched its maiden fund and aims to invest in Stride Venture India Fund I for 25-30 startups. 43

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

VISITS ASSURED INNOVATION SOLUTIONS

VIJEN SMART AND INNOVATIVE TECHNOLOGY SOLUTIONS PVT. LTD. CREATING NEXT-GEN DREAM CITIES

Ashwathy Nair | Business Connect

ue to the haphazard and unplanned growth in the urban areas, there have been unforeseen impacts on transportation and environment. The unmanageable burden on such infrastructure, particularly the alarming increase in the pollution levels with reducing open spaces and greenery as also the pressing demand for areas in the cities, has led the town planners to think out of the box solutions for innovative concepts and planning techniques. In a recent integrated impact assessment report for the proposed urban renewal scheme for the Mumbai suburbs, Dhingra, S L (2017) has opined in context as below “Eco friendly solutions and out of the box innovative rationale must be devised, developed, experimented and implemented.” The new conceptual plan for development comprising various innovative methods and techniques are mainly for planning and implementation of the retrofitting, redevelopment and Greenfield projects undertaken and proposed under the Smart City Mission of India. It can be categorised into transportation plan, environment plan, and integrated regional plan. COMPANY AT A GLANCE The experts and strategists from various domains such as transportation, IT, edutech, mostly from the reputed IITs are collaborating for achieving the aforesaid objectives, and helping execute holistic development plans for urban infrastructure. The chaotic, untamed growth of metropolitan spaces results in hours wasted on congested roads, a degradation in the quality of life for the people, an increase in levels of pollutants, other adverse effects on the environment, and of course, an avoidable wastage of natural and human resources.

V S GUSAIN CEO

To counter these, as Mr. Dhingra put it, “Eco-friendly solutions and out of the box innovations must be devised, developed, experimented and implemented.” Vijen Smart and Innovative Technology Solutions strives to solve these and a myriad of other problems through its expertise in planning and implementation of out-of-the-box solutions for development of Smart cities. Aligned with the Government of India’s Smart Cities Mission, that has an objective to promote sustainable and inclusive cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions, Vijen Solutions provides relevant resolutions with respect to urban growth and development. www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Vijen Solutions is a reputed organisation lending a hand in the nation’s development by providing services such as: • Planning & Implementation of SMART Cities • Transportation Project Evaluation & decision making • EIA and Evaluation & Analysis of MRTS Projects • Travel Demand Forecasting using advanced techniques Urban transportation and area development are a priority under the Smart Cities mission. The conceptual plans devised by Vijen Solutions are in accordance with these objectives, focusing on tackling challenges of urban as well as rural development. The company aims towards an inclusive growth with employment opportunities, basic amenities, and a healthy and safe environment for all. THE PLAN OF ACTION The focus of Vijen Solutions is on elimination of problems that arise in the day-to-day city life. They envisage the difficulties from the public view point. While planning, they anticipate the issues that could come up and try to resolve them through innovative methodologies and advanced technology. With the help of Mr. Dhingra’s decades of experience in the field, the company has devised plans that ensure smart and inclusive growth along with beautification of the cities. The use of underground spaces for construction of the metro rail is one of the outstanding solutions that Vijen Solutions came up with. Not only does underground construction mean almost twice the space for construction without any obstacles, it also increases the beneficiality of said space. Increased revenue and multiple land uses are added benefits of the idea.

and maintained throughout the year. Along with generating employment like that of a gardener, a horticulturalist, etc, it would add to the collection and export of fruits, common and exotic, that would sustain the economy of the place well. The project adds to the much-needed rural tourism, too. The company has worked alongside National Rural Infrastructure Development Agency (NRIDA) to make all this possible. It has helped in creating plans for Green Cities like Amaravathi and Vijayawada in Andhra Pradesh, and also worked for the development of hill stations like Shimla, along with metropolises like Delhi airport and Navi Mumbai airport. Mr. Dhingra assisted in Master Planning and Implementation for Mumbai Metro, and was a part of the Technical Advisory Committee, MHRDC, during the construction of Bandra Worli Sea Link.

VISIT FUTURE PROSPECTS Mr. Dhingra believes in continuous efforts to promote growth through innovative solutions as and when opportunities arise. Vijen Solutions has a goal to conceive beforehand where problems could arise, and present new concept plans accordingly. The company helps in implementation and construction, keeping its focus on inclusive growth and improving the quality of life for all sections of the society.

ASSURED INNOVATION SOLU

Vijen Solutions is also planning to initiate smart classes on virtual platforms for students and professionals globally with the blessings of the faculty from the reputed IITs and other such trainers in various disciplines.

They plan to introduce courses on: • Technical aspects of the urban and rural development; • Basic computer skills for students as well as advanced computing including the AI, IOT and such for professionals; • Verbal, arithmetic and analytical skills for entry-level managers and advanced courses for the middle-level and senior managers/ General managers; • Yoga and fitness training for a healthy and happy living; • In accordance with the objectives of the Smart City Mission of India, skill development and such initiatives and the spirit of “Atmanirbhar Bharat”.

In the current scenario, public transportation planning leaves development behind. According to Mr. Dhingra, the development of transportation services should lead land use development. A transportation-led development would enhance connectivity and sustainable development. He suggests a graded land use method for building infrastructure, with the low income group nearer to the station, and middle and higher income groups and vehicle owners at increasing distances. The ultimate goal is to create travel-free cities, where no one would be more than a kilometer away from the nearby station, and an eco-friendly feeder system would connect every doorstep to the station. A city without travel would mean a city without congestion, pollution and accidents, and an improved lifestyle for all.

Mr Narendra is likely to take charge of the above assisted by Vijendra, under the guidance of Prof Dhingra and in collaboration with the other experts in such fields and areas of knowledge and learning/ vocations etc.

The planning and development methods envisioned by Vijen Solutions also keep in mind the environmental aftereffects of urban development. Development plans like this release spaces, allowing for designated “city lungs”, like green corridors, gardens, etc. It would create opportunities for the plantation of new and useful varieties of trees, landscaping for aesthetics, and so on. It would add to tourism attraction, generate employment, and contribute to revenues that could be used for further planning and development. The company’s methods promote the use of renewable resources for energy generation and consumption.

Vijen Solutions is set to produce more and varied Integrated Regional plans depending upon variables like topography, climate, demands, requirements and resources. The integrated plans can be implemented in every particular region, and keep in mind at least the next four generations. In view of the manifold benefits of the new conceptual plan for development, it is strongly recommended that the same be implemented in smart cities all over, more usefully in the developing countries. The enabling provisions for successful implementation, comprehensive planning, approach, periodic evaluation and monitoring and iterative upgradation of the new technologies are equally important.

For instance, to enhance aesthetic and tourism value of rural areas, they conceived of the Fruit On A Tree concept. A specialty of the area, the fruit trees would be organised 45

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

COMPANY OF THE YEAR 2020

ZEN SOFTWARE SOLUTIONS

Helping Local Businesses to Go Global with AI / ML, Big Data and Cloud Kajal Dobhal | Business Connect As a cloud-solutions provider, ZEN Software Solutions prioritizes expandability, innovation and security for its clients and has etched its name in the game with its compelling solutions offering helping its clients move from the legacy software platforms to most modern cloud-based technologies. The company is scaling greater heights, under the aegis of its founders and the team of expert solution architects spread across the globe bringing to the table multi-decades of experience to its clients. THE COMPANY AT A GLANCE Zen Software Solutions is a Global IT Consulting company specialized in ERP implementation, home and office automation, and customized software solutions including cross platform web and mobile applications. Zen encourages use of Open-Source technologies wherever possible that make it possible to keep the cost low for the end customers. At the same time, to ensure enterprise grade reliability, efficiency, and security, Zen recommends Enterprise Solutions to its corporate clients in Private Cloud as well as On-Premise infrastructure offerings.

SHILPI GOEL

Managing Director

loud-based solutions, the new industry norm, are proving to be a boon to start-ups, SMEs and the aspiring entrepreneurs that are operating under certain fiscal constraints to reach global customers using technology solutions that help them compete with the global competition at a very affordable prices using Pay-as-you-go model. Artificial Intelligence (AI), Machine Learning (ML), Big Data and Cloud are making it possible for Zen Software Solutions to offer smart and intelligent solutions to its customers without any big investments on technology upfront. With the proliferating popularity of Software as a Service (SaaS) solutions, more and more businesses are turning towards these technological advancements for an enhanced experience, effortless accessibility and effective disaster recovery. Working on â&#x20AC;&#x2DC;pay-asyou-goâ&#x20AC;&#x2122; model, Cloud computing offers more flexibility and less maintenance to the businesses. Though the industry is witnessing an overwhelming number of enterprises, still there is a dire need for credible solutions to transform the disrupted business world digitally. www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

Zen has partnered with Odoo (earlier known as Open ERP) for Enterprise ERP solutions for startups, SMEs and Large Corporates. Apart from Odoo, other cloud platforms like Microsoft Azure, Google Cloud and Amazon Web Services are used to build solutions that best fit need of its customers on a case-by-case basis. With help of its partner eco-system, Zen is able to offer its clients hefty cost cutting on large-scale ERP implementations saving up to 70% on annual software licensing costs. Apart from the team of full-time employees, Zen has a large pool of skilled professionals from across the globe that helps to build an extra-ordinary team capability and offers a sustainable and highly scalable resource model to the company. Company also offers white-labeled technical support services model to its clients, both onsite and offsite. With diverse expertise, these industry experts are effectively transforming the business ideas of the clients into robust solutions to resonate with global service standards. Making symphony with its endconsumer needs, the company is grabbing the eyeballs in the industry.

“We believe in effectively serving our clients hailing from diverse verticals, including e-Commerce, Manufacturing, Retail, Banking, Finance, Logistics and Education, through most modern and cost-effective service offerings to assist SMBs in improving their business operations efficiency with streamlined and proven processes.”, states company’s Managing Director, Mrs. Shilpi Goel.

processes to save on time, cost and resources. Many clients are taking initiatives to implement AI/ML in their existing processes for making faster decisions. Zen has also forayed into the home-automation segment where it offers exemplary smart devices for comfort and convenience to control them using your mobile from wherever you are in the world. Additionally, the company is offering a location tracking system that helps to revolutionize the field sales and logistics sector. Such solutions help elevate the business efficiency of the clients while maintaining harmony with their requirements. Such promising solutions provides a big opportunity to the company and allow the enterprises to extend their reach to appliances used in office or at home or anywhere across the globe, with an optimal cost and boosted efficiency.

Team at Zen Software Solutions continuously works on making solutions automated, efficient and effective using AI and Machine Learning. For example, Zen’s ERP system offers AI based data ingestions for documents, such as purchase invoices, expense receipts, etc. to automate data feeding into the system in smart way. Through continuous improvement, this process has evolved over time and as of date provides a highly efficient and accurate data ingestion from even wrinkled paper document images. Apart from it, Machine Learning helps to develop a predictive data model that can suggest next best action based on past behavior and historical data. These solutions are further customized for a seamless integration and to elevate the quality of legacy business processes. Moreover, keeping the need for cost-optimization into consideration, the company ensures bestin-class solutions at affordable prices with smart and dedicated efforts, says Mrs. Goel

LEADING BY EXAMPLE A firm leadership decides the future of an organization. Mapping out the path to behemoth success, a leader must possess a crystal clear vision to make a difference. Every leader perceives leadership distinctly. Zen management believes in leading by example. As followers always mirror the leaders’ actions, so setting an ideal illustration of encouraging leadership is crucial to ensure the growth in leaps and bounds. Mrs. Goel, adds that a leader must have an inclusive approach to encourage employee engagement and thrive a cohesive ecosystem at the workplace.

A JOURNEY FROM PLINTH TO PARAMOUNT Starting from scratch to emerge out as a leading player in the industry, Zen Software Solutions has significantly evolved in its niche arena. Reminiscing upon company’s remarkable journey that started a decade ago with a small $250 assignment with an Australian client, 9000 miles away, led to the beginning of Zen Software Solutions (formerly known as Zen Technology Solutions) and made way for the present day Zen having its presence in multiple countries, and serving clients all across the globe, says, Mrs. Goel. She reveals,“We started our journey as a distributed team in USA, Ukraine and India. Since then we have come up a long way to make our steadfast presence in the industry. My husband called off from a highly paid job in the USA to make our foray in the entrepreneurial space in Indian Subcontinent. Scaling greater heights, by far we have served clients from United States, Canada, Brazil, Australia, Germany, Denmark, UK, UAE, Singapore and India. We have put our heart and soul to earn trust of our clients and forging ahead with the same zeal as we had on day one and striving to continuously improve and deliver innovative and high-quality solutions to our clients.”

At Zen, management has ensured a culture that treats every associated individual with equality. Its leadership instincts are prominently converged on recognizing an individual’s efforts by his/her knowledge, skills and experience to define their career growth path. Zen reckons on empowering its team with innovative instincts by ensuring to offer space to the workforce to hone their skills and juggle their minds with the latest market trends via multiple seminars and training programs. FUTURE OUTLOOKS For the future, Zen Software Solutions has envisioned to go global with its new e-commerce model to scale up service delivery with the help of process automation. Company aims at diversifying its offerings over the next few years including in areas of Robotics and Home Automation. As the company foresees a bright and blazing future ahead, it is striving to expand its reach to global masses and ensure value-added services to its clients by implementing a pre-paid subscriptionbased services model that will grant access to its services on a pay-as-you-go model.

LEADING WITH THE DOMAIN KNOWLEDGE What makes Zen Software Solutions stand apart from the rest is highly experienced team with diverse domain knowledge and the cost-effective services. Unveiling the exclusiveness of the company, Shilpi states, “The Key differentiator to us is our symphony with the clients. We ensure to delve into the client’s aspirations and help to deliver a solution that fits within scope, time and budget constraints. Our mission is to become a leading cloud-base software solutions provider by helping our clients to improve their business performances effortlessly. Moreover, we also recommend alternate customized solutions for clients who are unable to afford high-end solutions. Our managed solutions are helping several of our clients to eradicate the problems with high investments in infrastructure, storage and management of data.”

Corporate Office at St. Louis, MO, USA

THE POWER OF AI/ML, BIG-DATA, CLOUD AND AUTOMATION AI /ML, Big Data and Cloud are helping Zen to set its pace with the world. AI / ML Models built using historical organizational data help its clients to automate certain decision-making 47

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

siliconindia

|19|

August 2019

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA

RNI No. : DELENG/2018/76695

www.businessconnectindia.in | Vol. 3 | Issue 6 | January 2021 | INDIA