Vol-5 | Special Edition | February 2023 | 499/-
FINTECH COMPANIES, PUSHING LIMITS AND INTRODUCING SIMPLE SOLUTIONS FOR COMPLEX TRANSACTION
Fintech is one of the fastest-growing sectors in India. The industry is projected to flourish at a CAGR of 22.4% from 2022 to 2025. The industry is driven by a number of factors, including the increasing penetration of mobile phones and the internet, the growing middle-class population, and the government’s initiatives to promote digital payments. The Indian fintech market is presently valued at over $6 billion; by 2025, it is estimated to grow to $14.3 billion. Over the next five years, 2 million jobs are expected to be created in the sector.
The Covid-19 pandemic had a significant impact on the FinTech sector. The shift from conventional banking systems to digital alternatives was now taking place quickly. Long after the outbreak was over, that momentum remained. The majority of people across the world now sort of life in a world of digital finance. This has created a window of limitless opportunity, especially for FinTech businesses to offer cutting-edge virtual financial services and make enormous amounts of revenue. These businesses are setting the standard for online loans, insurance, and payments.
Our latest issue, “The 10 Most Promising Fintech Solution Providers in 2023”, is focused on those dedicated companies and how they streamlined the finance segment with the aid of cutting-edge technologies that led to a new way of doing things. The edition covers some inspiring business tales that have come up with different plans and features from which both consumers and merchants can be benefited. On the other hand, business owners, financial institutions, and other organisations can make use of them to gain capital and grow them among industries.
The issue is replete with inspiring stories and journeys; additionally, we hope you enjoy the collection of insightful and captivating in-house articles. They are worth the wait.
Thank you for reading the stories and becoming part of this fast-growing publication. We hope that our partnership will reach new heights in 2023! We will continue to look for ways to make the Business Connect Magazine better. Please send your feedback to editorial@ businessconnectindia.in to let us know how we can improve it.
Puja
puja@businessconnectindia.in
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Vol - 5 | Special Edition | February 2023
Publisher & Editor : Abhishek Kumar Dubey
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Amit Bhatia: A Technocrat Creating A Better Tech Environment With His Accumulated IT Experience COVER STORY 10 PAGE NO AMIT BHATIA
Information Security Officer 16 20
22 Ezeepay Success Story 6 www.businessconnectindia.in | Vol. 5 Special Edition February 2023 | INDIA
Chief
Chase Alpha Technologies Pvt. Ltd.
CONTENT Cuisine 42 Royalshield Technologies India Pvt. Ltd. 46 44 Akivna Technologies Pvt. Ltd. 34 Skyislimit Technologies Pvt. Ltd. Tourism 50 Sysotel Technologies Pvt. Ltd. 54 52 Sensys Technologies Pvt. Ltd. 56 Education Lifestyle 24 XeOPAR FinTech Pvt. Ltd. 28 26 Niyogin Fintech 32 Inspiration TABLE OF 7 www.businessconnectindia.in | Vol. 5 Special Edition February 2023 | INDIA
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HCL Technologies
This quote has been written and followed by Shiv Nadar. Of course, today we will know the success story of Shiv Nadar, who founded India’s one of the best IT companies called HCL.
INTRODUCTION
Shiv Nadar is an Indian IT pioneer who founded HCL in 1976. He is the 3rd richest person in India, as per Forbes. He chairs HCL tech a $9.9 billion worldwide organization with more than 153,000 professionals operating from 50 countries, which is the 3rd IT service provider company in India. He is also the chief strategy officer of HCL Tech. Under Shiv’s guidance, HCL has grown so much and, continued to ride the waves of the changing IT landscape for over 40 Years. Shiv is also a Padma Bhushan holder, which he has been awarded in 2008. His Real-time Net worth is $24B. Shiv’s Nickname is Magus called by his friend. In the mid-90s, he started focusing on the education system in India through Shiv Foundation. Currently, the company has more than 150,000 employees worldwide.
In July 2020, he stepped down as chairman of HCL Tech, hand over the position to his daughter, Roshni Nadar Malhotra. Early Life and Education.
Shiv Nadar was born in 1945 in Moolaiozhi Village (around 10Km from Tiruchendur in Thoothukudi district, Tamil Nadu, India) His father’s name was Sivasubramaniya Nadar and his mother’s Vamasundari Devi. His sister’s name is SP Adithanar, who founded a newspaper called Dina Thanthi.
His schooling finished from Town Higher Secondary School, Kumbakonam. Also, he went to Elango Corporation Higher Secondary School, Madurai. Later he joined the St. Joseph Boys Higher Secondary School, Trichy, and finished the high schooling journey. Shiv got a pre-university degree in the American college, Madurai. After getting an Electrical and Electronic degree from PSG College of Technology, Coimbatore, he began his career at Walchand Group’s College of Engineering, Pune.
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“If you have excellent people, then you have to give them the power.”
Ashwathy Nair | Business Connect
SHIV NADAR
Success Story of HCL
Co-Founder & Former Chairman
HIS CAREER
He soon left the college to start his own venture. Shiv made a partnership with his colleagues and friends, these partners were Ajai Chowdhury (Ex-Chairman, HCL), Arjun Malhotra (CEO and Chairman, Headstrong), Subhash Arora, Yogesh Vaidya, S. Raman, Mahendra Pratap, and DS Puri.
His business journey being with Microcorp, a group that sold digital Calculators. After that, in 1976, he founded Company HCL with Rs 187,000 investment. Sensing a boom in the IT sector before anyone else, he was able to operate business Internationally. The company expansion in Singapore made 1 million dollars in the first year as reported by the venture. Shiv Nadar remained the largest shared holder though he never controlled the management of the company.
HIS CONTRIBUTION TOWARDS EDUCATION AND THE HEALTHCARE SECTOR. Shiv has away valued the education right. Once he said, “Education is and will be the most powerful tool for individuals and social change, and we must do all that it takes to facilitate it.” In 1996, Shiv made decisions to give back to his community. With nearly 1million in share, he established the college called SSN College of Engineering in Chennai in memory of the late father, Sivasubramnaiya Nadar.
Shiv Nadar collaborated with many foreign universities with an emphasis on research. He has also instituted a school in UP called Vidyangayan School, providing a free scholarship to 200 students all across the districts.
AWARDS AND RECOGNITION
In 2008, Shiv was awarded with a Padma Bhushan for his contribution to the IT sector.
In 2007, He received an Honorary doctorate degree as an award, given by Midrash University. He was also recognized as Entrepreneur of the year in the same year.
In 2006, he got an honorary fellowship from the All-India Management Association. Shiv recognized 48th heroes of Philanthropy in 2011, counted by Forbes.
In 2017, India Today Magazine ranked him 16th most influential people In India.
Shiv Nadar has a very calm nature that rubs off many employees and people working under him. He has created a very rich culture in the company, he always encourages employees to do their best work, top performers were rewarded with perks like cars and paid holidays as well.
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Vishvesh - Founder & CEO
Chase Alpha Technologies Pvt. Ltd.
REVOLUTIONALIZING THE TRADING REALM WITH EXCELLENCE
“Most of the important things in the world would have been accomplished by people who had kept on trying when there seemed to be no hope at all.” People who own a positive attitude and a determination to chase their dreams are the ones who bring an inevitable change in their surroundings. Today, we are here to narrate the successful journeys of a few such personas.
Business Connect is renowned for its impeccable monthly editions and mesmerizing content that not only evokes the true potential of new entrepreneurs but directs them on a better path. With that being said, we are back with our exclusive edition of the month comprising some of those inspiring tales. To make this read possible, our editorial team had an interesting and joyful virtual session with the leadership panel of Chase Alpha Technologies. The Founder & CEO of the company, Mr. Vishvesh Chauhan shared numerous lesser-known facts about the company and also shed some light on his overall entrepreneurial journey so far. His true leadership approach and dedication highly inspired us and made us feature him in our upcoming edition, ‘The Most Trusted Financial Consultants.’ We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will surely encourage the budding leaders out there to break the barriers and chase their dreams.
COMPANY PREFACE
Vishvesh Chauhan, the founder of Chase Alpha Technologies Pvt Ltd, inspires many aspiring entrepreneurs. Despite facing numerous challenges and setbacks, he never gave up on his dreams and worked tirelessly to turn his vision into a reality. Through his perseverance, determination, and hard work, he has built a successful company that provides cutting-edge system trading solutions around the world. His success story serves as a reminder that anything is possible with a positive attitude and a never-give-up spirit. Vishvesh is a true leader who leads by example and inspires others to chase their dreams and achieve their full potential.z He has shown us that with passion, dedication, and a relentless pursuit of excellence, success is within reach for anyone.
Chase Alpha, a Mumbai-based Startup, is entirely centered around the stock market and financial planning and is a licensed authorized financial adviser as well. “So we are a suite of 3 companies, Chase Alpha Investment Advisor (A semi-registered investment advisor), Chase Alpha Technology (Registered Office in Bangalore), and the corporate office in Mumbai and that particular unit is responsible for developing the software for our investment,” says Vishvesh.
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THE JOURNEY
The world of finance has always been a complex and dynamic one, with its ever-changing landscape of economic and geopolitical factors influencing the behavior of financial markets. In such a scenario, the role of a trader becomes all the more challenging, with the need to navigate through a sea of information and make sense of it to take profitable trading decisions. This is where the concept of systems trading comes in, which involves the use of computer algorithms to analyze data and identify trading opportunities. One person who has mastered the art of systems trading is Vishvesh Chauhan, a successful trader and a pioneer in the field of algorithmic trading.
Vishvesh Chauhan’s journey in the world of finance began in the early 2000s when he started trading on his account. However, it was only in 2005 that he discovered the power of algorithmic trading, and since then, there has been no looking back for him. Over the years, he has developed several successful trading strategies based on technical analysis, which he has used to generate consistent profits in various financial markets, including equities, currencies, and commodities.
STAYING AHEAD IN THE MARKET
What sets Vishvesh apart from other traders is his deep understanding of the markets and his ability to create trading systems that can adapt to changing market conditions. He has developed several proprietary trading algorithms that use complex mathematical models to identify trading opportunities based on technical indicators such as moving averages, support and resistance levels, and trend lines. These algorithms are designed to be highly scalable and can be used to trade in multiple markets simultaneously, allowing Vishvesh to generate profits with minimal risk.
One of the key advantages of systems trading is that it takes the emotion out of the trading equation. Unlike human traders who are prone to making emotional decisions, algorithmic trading systems make decisions based on hard data and logic, resulting in more consistent and profitable trading outcomes. Vishvesh’s trading systems are designed to be highly automated, with minimal human intervention, thereby reducing the risk of human error and maximizing efficiency.
Over the years, Vishvesh has built a reputation as one of the leading algorithmic traders in India, with a track record of consistently generating profits in various financial markets. He has also been actively involved in mentoring other traders and has conducted several training programs on algorithmic trading. He firmly believes that algorithmic trading is the future of finance and that it is only a matter of time before it becomes the norm in the industry.
Vishvesh Chauhan is a true pioneer in the world of algorithmic trading, with a deep understanding of the markets and a talent for developing profitable trading systems. His success is a testament to the power of
algorithmic trading and the potential it holds for the future of finance. As the industry continues to evolve and adapt to new technologies, it is traders like Vishvesh who will continue to lead the way and push the boundaries of what is possible in the world of finance.
PARTING WORDS
Before signing off, the visionary shared a few words of wisdom by quoting, “Over a period of years and the experience so far, I have realized that one should be very humble because I think humbleness is something that is very important when it comes to the business world. If you believe in possessing any type of ego, you won’t be able to survive. Simultaneously, you need to be persistent with your approach. Also, for the coming entrepreneurs out there, I would just say that you need to be very good with people. you need to be polite. if you want to be an entrepreneur, then you should be ready to face failures. you should be ready to listen. you need to be ready to face people who will say that this is something not good enough. entrepreneurship is all about taking that calculated risk. Also, if you are somebody who is ready to risk a comfort zone and shift to the approach of ‘i’m having whatever you wanted to I am losing what you have,’ then you are entrepreneur material.”
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An Emerging Player in the Payments and Utility Space, is Streamlining Banking Services in Rural India
Kajal | Business Connect
Digital transformation has affected all corners of the financial industry, from payments to online lending. Fintech innovators are making headlines by harnessing automation’s dexterity to offer next-gen products and services to consumers and businesses. To simplify operations, creative minds have painted the traditional banking sector with the hues of disruptive automated technologies.
Pushing the pace of Innovation and facilitating remote areas with digital services, a fintech player is forging its roots across the industry to leverage through its experience for Aadhaar Payments and Money Transfer services. EzeePay, India’s top fintech firm with headquarters in Delhi, offers a unique digital tool that helps people with no access to a smartphone use banking services smartly.
India has shifted to digital banking, and the countryside is catching up. They do not have access to a smartphone and therefore experience a lack of accessibility to digital services. The foundation of Ezeepay was taken over by a visionary leader named Shams Tabrej in 2018 with a singular vision to empower the rural citizen of India for their financial needs. Since its inception, the corporation has been steadily growing. Recently, Jimmy Shergill the legendary actor and film producer has recently joined Ezeepay as the brand ambassador. His focus would be to support the business in raising awareness of the brand’s services in rural India through videos, leaflets, and live events and reach a wider audience.
THE EXCLUSIVE SERVICE PORTFOLIO
As a leading service aggregator and payments solutions provider, Ezeepay serves all banking services and utility services like recharge, bill payments, travel booking (Hotel / Bus / Flight), etc. Since the establishment of the company, it has been quite successful in offering these key services –
Additionally, they offer government services, including PAN Cards, Voter IDs, Passports, and Driving Licenses. The company has service agreements with several banks and government officials. There is also a mobile application accessible to provide a seamless and user-friendly environment.
The company allows people to ring their customer service, and then a service agent with visiting their address or doorstep to ensure that they get all the help they need to use banking services. For instance, they offer iris detection and thumb capability services for micro-ATM withdrawals. Customers of EzeePay can use these services without paying a dime. For women over 45 and those with disabilities, such as those who are blind, they offer an exclusive Doorstep Digital service.
CRAVING OUT AS A DIFFERENTIATOR
Ezeepay is one such company that has traversed a long way since its inception in the year 2018. It is an independently funded firm that created its own digital infrastructure.
It is equipped with AEPS, thanks to Yes Bank. The following are the main characteristics that set the company apart:
• Ezeepay is a prominent service provider of payments and utility services through a very secure, safe, and user-friendly framework in this twenty-first-century world of window shopping.
• All the services offered by the company are available in both mobile applications and the web.
• The B2B (Business to Business) model offers the best surcharges and commissions. There are more than 400,000 satisfied agents working for the company across India.
• They have a specialised support team that is available 24 hours a day, 7 days a week, to assist their agents at all levels.
• The essential element that enables agents to grow their earnings without additional cash strain is their real-time bank account settlement against AEPS (Aadhaar Enable Payment System) transactions.
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1. Cash Deposit 2. Cash Withdrawal through AEPS 3. Debit Card Cash Withdrawal Micro ATM 4. Insurance 5. Income Tax Filling 6. GST Registration 7. Cash Collection
THE AMBITIOUS LEADERS BEHIND THE EZEEPAY
SHAMS TABREJ – Founder and CEO
The man behind the idea, Sham Tabrej, began his entrepreneurial journey with a traditional family business. Later, Shams diversified his efforts into leading Ezeepay. It is a concept devised after witnessing banking services rendered from their rented home (by a national bank). It also resulted from the officials’ inability to ensure that all rural areas could access the new digital banking system. The outstanding leader has ensured that many rural communities can get banking services outside their front doors thanks to his great observation and business savvy. His efforts are particularly concentrated on helping women over 45 and people with disabilities. In academics, he did MBA in Finance from Patna University.
RASHID ALI – Managing Director
The managing director of Ezeepay is Rashid Ali. Mr Rashid also serves as a director of MJ Digital Services Private Limited. The young and vivacious leader has more than 4 years of experience and a B. Tech in civil engineering from Sarvepalli Radhakrishnan University. Rashid has elevated Ezeepay to the top league, making it the fastest-growing rural fintech startup, with an incredible passion and a laser-like focus. Mr Rashid expanded his efforts towards running EzeePay with passion.
MUSHARRAF HUSSAIN – COO
The COO of Ezeepay, Musharraf Hussain, graduated from MCU Bhopal with a degree in public communication. He started out in various parts of North India as an event Manager later he switched to marketing. In 2020, he joined Ezeepay, but at a lower level. He eventually rose through the ranks to become Ezeepay’s COO.
THE FUTURE OUTLOOK
Ezeepay Digital Bharat has undergone a lot of developments and enhancements during the past year. It has focused on customer service to guarantee client satisfaction, as well as a new Ezeepay Digital Bharat that was created to ensure simple adoption and use. This influences the company’s future product development roadmap.
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Supreme Fashion Accessory
Sunglasses are the ultimate fashion accessory, almost worn by everyone, and without them most wouldn’t leave home. When the sun is glaring off the town and you pick your sunglasses out of your back, once you lip them on, you instantly change your appearance.
Reasons Why Sunglasses Acts More Than Just An Accessory
It’s no longer a medical necessity, just a style need. The dreary vision-correcting computer machine revamped surprisingly into a cool and swanky faddish accessory. The rage is so strong that, just for the sake of fashion even people with perfect vision wear lenses.
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LIFESTYLE
Ashwathy Nair | Business Connect
PROTECT EYES FROM UV RAYS
One of the most significant advantages of wearing sunglasses is that they shield the eyes from the sun’s harmful ultraviolet radiation and the fragile skin around them. Exposure to UV can lead to cataracts and cause glaucoma symptoms worse. Moreover, about to 10 per cent of skin cancers are found near the eyes. Choose glasses that cover the eyes entirely and make sure that they have 100 per cent UVA and UVB protection.
PROTECT EYES FROM GLARE
Sunglasses not only let you see better when it’s light outside, but they also decrease the amount you need to squint by the cutting back on the sun. Squinting will lead to headaches, exhaustion and eye pressure, as well as the formation over time of fine lines in the skin around the eyes. When you squint, it’s also difficult to see clearly, which can lead to injuries, particularly when driving. Maximum glare safety is offered by polarized sunglasses.
DARK ADAPTATION
After you are exposed to intense sunshine, sunglasses allow you to refocus your vision. If you will not adapt for long stretches after being exposed to the sun, your night vision may be impaired. You’ll find it hard to see the road while you are riding at night. Riding becomes risky when you haven’t been wearing shades.
Some Top Sunglasses Brands
RAY-BAN
A debut back in the 1930s, the Ray-Ban Aviator sunglasses made their airline flights more popular, and the legends of the era were pilots. The Italian-based company offer polarised lenses to shield the eyes from sunlight. In the 1980s, with the release of films such as “Top Gun” and “Risky Business,” these glasses gained attention.
MAUI JIM
In the early 1980s, Maui Jim sunglasses made their debut at a hotel pool in Maui, Hawaii. By 1988, the mainland was just starting to see them. This sunglasses are built for males and females alike. Many of the models have polarised lenses of varying colours that shield against the sunshine glare.
VERSACE
In 1978 Versace was started, this Italian fashion house made its debut in Milan, Italy. Versace sunglasses are known for their ornate, female-centred logo, and their wrap around and aviator styles are common. Much of the lenses are polarised to shield the eyes. Some women’s styles involve ornate and lavish details.
Special Edition February 2023 | INDIA
Here are some reasons why, before you head out the door, you’ll want to catch those shades:
NIYOGIN FINTECH
The ‘Fin-tech Enabler, Shaping the Growth of MSMEs Since Inception
Kajal | Business Connect
Delivering impact-centric solutions and building the “Neobank” platform infrastructure to power MSMEs through Rural, Urban and Wealth Tech, a fintech player is engraving its roots across the domain to leverage via its expertise to several financial verticals. The technology-driven, platform-centric firm Niyogin Fintech Limited is focused on building a solid financial services infrastructure platform that will enable them to deliver “Banking as a Service” (BaaS) for all distribution and customer-facing firms through a partner-led approach.
Niyogin is a Sanskrit word for “empowerment.” After getting a deep understanding of the real daily problems of small businesses, Niyogin was conceptualized with a vision to have a substantial impact on the lives of small businesses by giving them solutions that leverage the power of digital technology combined with a trusted partner network.
In accordance with the partner-led strategy, the team also works with local MSMEs and other enterprise partners who have a sizable and established distribution infrastructure. Through their customer-facing touchpoints, these partners use the platform to provide banking, payment, and other financial services to their local customers. Domestic Money Transfer (DMT), Micro ATM (M-ATM), Aadhaar Enabled Payment System (AePS), Aadhaar Pay, and Microinsurance are a few of the services they offer.
WHAT GIVES NIYOGIN AN EDGE OVER THE PEERS?
While there are many things that differentiate Niyogin Fintech from the rivals, there are two significant factors. First is the financial inclusion problem they are trying to tackle. Niyogin has they employed a customer-centric approach with the intention of empowering 900 million rural Indians and underutilised MSMEs. With the help of this target consumer group, they are focused on offering broad financial inclusion. The product offerings, which include access to banking services among other financial services and may extend to other non-financial services product sectors, are guided by a customer-centric philosophy. Second is their open tech platform. This makes it possible for them to create a full-stack, partner-ready financial services infrastructure that is ready for API and SDK with diverse needs.
CREATING MEANINGFUL IMPACTS IN THE MSME SPACE
Niyogin Fintech is currently in the execution stage and making substantial advancements toward its objective of delivering financial inclusion that will ultimately have a meaningful influence on the MSME industry. The platform has received a tremendous level of market acceptance. They have formed partnerships with businesses with a wide distribution network that can reach 90% of rural India, including India Post Payments Bank, Common Service Centers, Bajaj Finance, and Bharat Financial. As they carry out these relationships, network numbers will increase in the upcoming year. Additionally, they keep adding new products to the technological platform, building a complete ecosystem to service the MSME market.
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In Rural Tech, they have a comprehensive product stack delivered through its subsidiary, iServeU.
a. Financial inclusion stack: It consists of the Cash to Digital product (DMT), the Digital-to-Digital product (Aadhaar Pay), and the Digital to Cash products (M-ATM and AePS). In addition, they offer BBPS, IRCTC rail ticket services, micro insurance and LIC premium payment options.
b. Neobanking and card stack: It covers prepaid cards, mobile banking with partner banks, and agent-aided and totally digital account opening.
c. Transactional Banking stack: It includes POS solution and BBPS COU.
d. In addition, under Customer Relationship Management (CRM) solutions, they launched a lending CRM for partners and also provide transaction-led credit to the partners and retailers they work with.
In Urban Tech, they are providing credit and wealth solutions.
a. Credit – They collaborate with lending partners and provide unsecured working capital loans, transactioncentric short-duration loans, and secured loans.
b. Wealth Tech – They provide a SaaS B2B platform that enables financial professionals to build their wealth practice and help MSMEs and MSME owners in wealth management.
NIYOGIN’S INNOVATIVE WORK CULTURE
Niyogin Fintech houses some of the most intelligent minds that come from diverse backgrounds. Niyogin stands for ‘empowerment,’ which is imbibed within the organization as well. The management has built a culture that is inclusive, transparent, focused on aligning personal goals with organizational goals and promotes open communication wherein it allows the employees to share their thoughts and ideas without any restraints. The employees are the pillars of the organization, and therefore Niyogin is building high-performing teams, promoting creativity, inducting leadership at all levels and preparing them for higher positions.
OBSTACLES ON THE WAY
When building a customer base, in the initial years, a fintech company witnesses a very high capital burn rate and this has been one of the most prevalent problems in the fintech sector. Niyogin, which recognised this issue very early on, has successfully reduced the costs associated with customer acquisition. Instead of establishing the network from scratch, their partner-led model is intended to make use of the existing network of financial professionals, BC, and Enterprise partners to connect with the target audience. With cost-effective market access provided by partners, both Rural Tech and Urban Tech operate on a partner-led model, which reduces both the capital burn rate and customer acquisition costs. The platform’s goal is to enable partners to provide top-notch services using world-class goods.
ACHIEVEMENTS ON THE WAY
Niyogin Fintech has emerged as the “Go To” partner for the technical architecture to deliver financial inclusion products, and that makes the team immensely proud of what they are building. Recently, the National Payments Corporation of India (NPCI) added the subsidiary iServeU to its list of certified technology partners. At the Global Fintech Festival, NPCI also formally acknowledged iServeU as the first Technology Service Provider (TSP) for going live with Bharat Bill Payment System (BBPS).
FUTURE OUTLOOK – WHAT’S NEXT?
FY2023 has been an year of build for Niyogin Fintech as the team directed their energies on implementing product propositions and executing the current existing partnerships. Going forward, they will continue to develop and release items simultaneously in the future. They will also be working on their intellectual property, which will aid in their expansion throughout the ensuing years.
“Our three-year plan has been termed as ‘Hypergrowth strategy’ wherein we expect our Gross Transaction Value (GTV) to grow more than 11 times over the next three years, from over Rs. 9,000 crores in FY 2022 to over Rs.1 lakh crores in FY 2025. We aim to increase the number of BC agents or touch points by 6-8 times, from close to 247,000 to roughly 1.5–2 million.” The visionary CEO Tashwinder Singh confidently announced, “We anticipate that this would enable us to become a Rs. 500 crore revenue firm by FY 2025 and to produce an EBITDA margin of 10%-12%.
Words of Wisdom, by
TASHWINDER SINGH, MD & CEO of Niyogin Fintech
I want to promote the idea of growing a company in a calibrated manner. After the initial build is over, which obviously requires a lot of investment, your hunger for success and growing the topline should not come at the cost of a decrease in shareholders’ wealth. I would also like to add that one should dream big and keep eyeing new opportunities that can be leveraged and align well with your ultimate vision for the Company.
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NOTEWORTHY
OFFERED BY
FINANCIAL SOLUTIONS
NIYOGIN
Kajal | Business Connect 28 www.businessconnectindia.in | Vol. 5 Special Edition February 2023 | INDIA
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FASTEST GROWING
STEPPING INTO A DIFFERENT WORLD IS CONSISTENTLY AN ALTERNATIVE
LIFE, AS WE PROBABLY KNOW IT, HAS ARRIVED AT A TOTAL STOP…
The coronavirus pandemic has influenced the economies of a considerable number of nations and left its effect on all enterprises, leaving the travel industry as one of the most noticeably terrible hit parts. While a large portion of the nations has just been put under lockdowns, numerous others are going towards comparable measures. With the administration presently finding a way to handle the infection, the circumstance appears to have gotten intense. While worldwide traveler flights had just been confined, the stoppage of trains, transports, metros, taxis, household trips just as the lockdown will additionally affect the individuals who love visiting places.
The coronavirus pandemic has unleashed ruin on the individuals who love to visit better places every once in a while.
Thus, we should not burn through our time dreaming how about we begin doing.
INSPIRATION www.businessconnectindia.in | Vol. 5 Special Edition February 2023 | INDIA 32
Travel is the hardest-hit fragments in these flighty occasions. This intense impact was unexpected and nobody was readied. It is a sort of log jam when nothing appears in our control.
Since going during the flare-up is getting less and less of a choice, different choices can likewise be investigated:
Securing new aptitudes, they have been stepping by step adjusting to the evolving times. Individuals can begin expounding on their past travel encounters, can likewise make a site, and begin taking a shot at that it would also cause them to return to the spots through returning to the recollections, additionally, they can deal with their writing or content aptitudes.
we are having a lot of time to know ourselves and to chip away at us, on the things we were leaving a result of not having the opportunity to take them under needs. this could be our best time of self-disclosure.
Since voyaging has assumed a lower priority, individuals who love going to better places can benefit as much as possible from this opportunity to take a gander at fresher parts of voyaging. While travel is beyond the realm of imagination, one can probably make a rundown of their preferred places and talk
about them with the trip specialist, using call or email, to make sense of the best an ideal opportunity to visit. This time can likewise be utilized to design the spending plan and set up a careful format for the excursion.
Individuals ought to likewise utilize this chance to go through quality with family and make recollections.
Polishing your aptitudes as well as seek after their diversions and interests, such as various cooking styles and dishes can be investigated on the web and one can take a stab at making those dishes that premium them, painting, Reading some groundbreaking books and if they want to take it out on the planet they can likewise make their youtube channel and offer their work to rouse other people who don’t have the foggiest idea what should they do or what are the other options. Business people and entrepreneurs far wide comprehend the estimation of the skill Presentation well indeed.
This time is likewise perfect to make up for lost time with all the arrangement and motion pictures in the not insignificant show one made.
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Skyislimit Technologies Pvt Ltd
RENDERS A LUCRATIVE GROWTH TO YOUR BUSINESS
Automation in business operations adds an extra layer of productivity for any enterprise. Resiliency and flexibility are some additional advantages of the automated workflows. Besides saving an organization’s time and money and much more, sales automation allows the respective teams to intensely focus on their targets. But for such notable transformation, an adroit business project management team needs to be considered in the first place.
With its innovative product line, Skyislimit Technologies adeptly partners its clients for augmented productivity of sales, order and marketing teams. Its comprehensive suite of sales productivity tools, Salesfokuz, allows the end-users to operate their businesses in a more systematic and sophisticated way by allowing unparalleled sales automation.
Salesfokuz is a brainchild of a tech-advocator, Manodh Mohan who laid the foundation of Skyislimit Technologies- an end-to-end SaaS service provider. The tech firm is turning heads in the respective domain with its state-of-the-art products that target different aspects of a client’s business.
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Gulshan | Business Connect
SUNEEL (SONNY) MENON Board member & Investor / Shareholder
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MANODH MOHAN Founder & CEO / Shareholder
HOW DID IT ALL START?
A journey to touch the pinnacle of success asks for patience, perseverance and determination. Five years back, Manodh developed Salesfokuz as a revolutionary breakthrough to bridge the differences in sales and communications. After a series of rigorous developments and examinations, this unique product was launched in the market in 2019. But, prior to the launch of Salesfokuz, Skyislimit Technologies was established as an integrated tech suite to promote and support the product for system implementations and back-end services.
Incepted in 2019, Skyislimit Technologies has been pioneering the relevant industry with its ingenious products. The company constantly strives to make valuable sales and marketing information available at the fingertips for better workflows. So far, it has developed products like HrmNxt, Storeware, Alpha Billing, and PROMA, addressing multiple needs for HR Management, Storeware management, Billing software, and Project management respectively. Basically, the company delivers integrated SaaS services that allow smooth business operations by automating the sales and operational functions. At the organization, an impassioned team of 70+ selfmotivated individuals is in a continuous process of questioning, challenging and learning to come up with innovative deliverables to ensure a leading-edge in the relevant space.
Skyislimit Technologies proficiently formulates a perfect amalgamation of domain knowledge, technology competence and one-of-its-kind methodologies to develop its best-in-class products at affordable prices. And the customized offerings boost the competitive advantages and productivity quotients in favour of its esteemed clients.
The organization has successfully inclined some megacorps under the parasol of its clientele within a short period. To mention, a few of those clients areSBI DFHI Ltd, Saraswat Bank, DCB Bank, CSB Bank, Godrej Industries, etc.
FOKUZ- AN AMENABLE SOLUTION
A newfangled add on in the list of their enticing products is Fokuz. Being an indigenous video conferencing app, the product has been developed to facilitate secure and flexible collaboration within the sales teams. Post its launch on 29th June 2020, Fokuz received an exceptional testimonial from Stock Market Institute for being an outstanding tech-partner in its ‘Mega Online Employment Fair’ that was hosted in collaboration with 50+ Fortune corporations and 3000+ participants all across the globe.
The unit that led to the creation of Fokuz has won eight awards and has been well-recognized by highly renowned organisations for the customercentric approach. So far, the team takes immense pride in having been served 10K end-users across the world.
ABOUT THE VENTURE CAPITALISTS
Skyislimit Technologies has garnered a seed capital of $2 Million from its key financiers- Sonny Menon (Suneel Menon) and Shari Menon. With the steadfast support from both the investors, the company aspires to leap in the business landscape. In view of this, let us be acquainted with both the magnates.
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SUNEEL (SONNY) MENON Board member & Investor / Shareholder MANODH MOHAN Founder & CEO / Shareholder
Sonny Menon is a visionary who well- reckons the spotting opportunities in business space. He ensures building value via budding businesses and create the ultimate revenue for the shareholders. Always seeking extraordinary talent, he has been entrusted by investors and employees alike for his outstanding talent to deliver matchless financial rewards and business value. Now well-settled in the USA, Sonny Menon began his career excursion as franchise holder for Sprint Corporationan American Telecommunication Company. After attaining immense industry knowledge, he commenced his first entrepreneurial venture in 2001. His business acumen and passion for work allowed him to ascend the ladders to enormous success effectively. Sonny’s intense attitude towards his work can be understood by his catchphrase-
Shari Menon is a strategic planner who is well-reckoned for her focused approach towards growth progressions for numerous startups, she has collaborated with. Her fortes lie in cost-optimization, executive recruitment and infrastructure-development to facilitate swift growth for the businesses.
A GLANCE OVER ITS COMPETITIVE EDGE
When asked about the differentiating factor that makes the company’s offerings stand apart from the rest, Manodh revealed multiple parameters making them unique yet relevant. Apart from proposing an exclusive solution for the respective problem, the team pays intense heed on bridging the gap in the user-software interaction. Moreover, the end-users need not have any technical knowledge to avail the services from the product. Making a difference in the business landscape, the company offers cost-efficient and highly- customized solutions for its clients.
In addition to this, the tech suite majorly relies on its specialized testing department enriched with experienced professionals that ensure on-time product delivery with high-quality standards. Owing to its adroit sales/marketing team, Skyislimit Technologies has a satisfied client-base that places its unwavering trust on its matchless services.
MANODH MOHAN- A TRANSFORMATION FROM A LEARNER TO AN INNOVATOR
The Founder, Manodh Mohan is leading the way for Skyislimit Technologies with his unmatched professional acuity. He firmly reckons on the statement – ‘learning is the key to success’ and motivates his employees to be avid learners as well, as knowledge is a gateway to the surging success. Under his aegis, the management ensures employees to get the hang of tech trends and be updated with emerging innovations. As the guiding light to his team, he keeps an ardent watch over the recruitment processes and prefers the individuals who can resonate as per his wavelength. An employee at Skyislimit Technologies is always expected to sync with the project deadlines and the company commitments towards the clients.
Moreover, Manodh speaks of 8 pillars that are the leading representatives of different departments at the organization,
“These 8 operators have exclusive expertise in various fields such as R&D, Designing, UI, Frigid Management, Development, Client Management, Customer support, and Content Writing and serve as the cornerstones of the company.”
SHARI MENON Board member & Investor / Shareholder
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“People go to work and I go to war.”
To ensure better productivity of different teams, the organization utilizes ingenious tools for measuring aspired outcomes. Manodh asserts that to keep a track of the team’s efficiency, they use Salesfokuz for the sales team and PROMA – Project Management Tool for the rest of the departments.
ACHIEVEMENTS TO BOAST OF
Skyislimit Technologies has successfully grabbed the eyeballs of the business fraternity, owing to its irreplaceable products. We have enlisted some of the major achievements of 2019 that allowed it to garner multiple awards and accolades in the business community.
• The company was awarded as ‘The Best CRM Brand 2019’ by ‘Ende Samrambham - Yes 2019 Biz Conclave & Awards’.
• The CIO review recognized Salesfokuz as one of the ‘Top 20 Most Promising CRM Solution Providers of 2019’.
• It grabbed ‘The International Invention & Innovation Award (gold medal)’ from ‘Malaysian Association of Research Scientists at the Malaysia Technology Expo – 2019’.
• The company was also conferred with ‘The Bizz Awards’ by ‘World Confederation of Businesses (WORLDCOB) at San Francisco, USA’.
• For Salesfokuz, they were awarded ‘India’s Most Innovative Startup’ at the DCB Bank Innovation Carnival 2019.
• Salesfokuz received a token of appreciation for being the Best Sales CRM Product of 2019, by Kairali TV.
Amid the swirling storm of COVID-19 pandemic, Skyislimit Technologies effectively made its presence felt
in the respective domain. Herein, we present the list of key highlights from the year 2020.
• The beta version of Fokuz was officially launched by some prominent dignitaries.
• Amid the COVID-19 pandemic, Fokuz managed to secure US angel investment. The US-based healthcare and manufacturing provider has invested $2 million in Fokuz.
• Skyislimit Technologies was one among the top two featured exemplary startups in CNBC TV 18.
• The organization was picked for NASSCOM 10,000 Start-ups Virtual Incubation Program.
• Spreading its wings to Kuwait and Saudi, Skyislimit Technologies has collaborated with its first authorized distributor.
• For the company’s outstanding achievements & contribution to nation-building, it was rewarded INDIAN ACHIEVERS’ AWARD 2020 as an innovative EMERGING COMPANY.
• Fokuz and its success journey got featured in the eighth edition of Inc42 Plus’ — “30 Startups To Watch” List.
• Business Connect has also recognized Skyislimit Technologies in its previous edition- Startup of the Year 2020 for its inspiring innovations.
A GLIMPSE OF THE FUTURE OUTLOOKS
With the tech trends making a significant impact on the enterprise landscape, the company will witness an exponential growth in leaps and bounds. As we enter a new tech dominant era, cloud adoption will become the foremost priority for most of the companies and the relevant services providers will witness unique opportunities in their favour.
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Team
For the future, Manodh and both the financiers have envisioned to make Skyislimit Technologies an entrant in Wall Street by the year 2025. The company foresees a bright and blazing future ahead and will soon ensure its steadfast presence in the USA as well. For the employees, the Management has planned to put forth a policy, where each associate with 3 years of association with the company can claim for partnership in the shares.
WORDS TO CONVEY
Manodh shares his wisdom with aspiring entrepreneurs, “You must never follow the ‘Mob Mentality’, instead go chase your passion. To ascend the stairs of success, it is crucial to forge ahead with utmost patience and perseverance.” For him, getting the knack of every mistake can grant any entrepreneur unimaginable benefits. He believes that entrepreneurial ventures should be enriched with passion, sustainability and patience. But, while keeping these aspects into consideration, one shouldn’t overlook the need to develop an innovative idea. In the end, Manodh propels the entrepreneurs to be self-confident and not to be intimidated by the mega-players in the competition as every giant in the industry, started from scratch only.
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AKIVNA TECHNOLOGIES PVT. LTD.
Akivna Leading The Stride Toward Digitization
Kajal | Business Connect
COMPANY OVERVIEW
Akivna Technologies is an innovative software services company that was established in 2020 with the goal of assisting businesses in remaining one step ahead of the competition. Their area of competence is in the creation of innovative products and processes that fall under the categories of e-commerce, ERP, supply chain management, customer relationship management (CRM), data analytics and data science. Their staff is committed to working closely with their customers in order to transform data into actionable knowledge, which enables their customers to make wellinformed decisions and maintain a lead over their competitors.
Anupam K Pandey Founder & Diretor
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They provide a variety of essential services that are geared at meeting the ever-evolving requirements of modern enterprises. Product development, business analytics, data analytics, data science, and blockchain technology are some of the services that fall under this category. Utilizing the most advanced tools and technology, they assist businesses in undergoing transformations in their operations so that they can better meet their long-term goals.
At Akivna Technologies, they think that the best way to serve their customers is to create close relationships with them. They invest the time to learn about their specific requirements and come up with unique solutions that actually produce the desired effects. They assist their clients in any way required, whether it’s enhancing their e-commerce platform, simplifying their supply chain, or deriving new insights from their data. They can help in achieving their goals and staying ahead of the curve in the quickly changing world of technology thanks to their years of experience and extensive expertise in the field.
HOW IT ALL BEGAN
Following the Covid-19 epidemic in the middle of the year 2020, there was a greater push for digitization on a global and Indian level. They received a significant number of inquiries about digital solutions for medium-scale enterprises for their business continuity. As a result, they split off into their own company whose sole purpose is to meet the demands of developing nations like India with affordable, cutting-edge products and services. Many firms have adjusted to the new normal and are continuing to invest in digital solutions to stay competitive, despite initial fears that demand would fall as the situation stabilized. To address their concerns and find answers to their problems, their team has been hard at work developing novel approaches.
Owing to their standing as insiders in the industry, the number of companies with whom they have collaborated in the past has significantly increased. This is mostly attributable to the fact that they have gained more experience. Their team was created through a combination of internal recommendations and the recruitment of experienced individuals from the outside. In addition to that, they provided post-graduates with the necessary training to become valuable members of the team. Their approach places a significant focus on communication and collaboration among team members. They hold frequent team meetings and engage in one-onone interactions to cultivate a culture that is trustworthy and supportive of cooperation. Because of this, individuals in the team are more likely to feel comfortable talking to one another and working together to solve problems, regardless of whether the problems are technological in nature or necessitate growing the team.
TACKLING THE COVID CRISIS
Businesses were hit hard by the COVID-19 outbreak, and Akivna intended to help their customers weather the storm. They’ve taken preventative measures like
1. In order to keep their employees safe and their business running smoothly, they have instituted flexible and remote work alternatives.
2. The COVID-19 situation has shown the need for technology-driven solutions, so they are concentrating on creating and providing products and services that enable their clients to efficiently function in a remote setting.
3. ncreased emphasis on digital marketing and sales initiatives has allowed them to expand their customer base and better serve those who prefer to work remotely.
4. Working together, they are brainstorming creative solutions to the problems caused by the COVID-19 pandemic and influencing positive change for everyone affected.
LEVERAGING TECHNOLOGY TO THEIR ADVANTAGE
They feel that keeping at the forefront of both technological and industry trends is important at Akivna Technologies. In order to keep up with the latest information, the team keeps a close eye on the latest developments in the online world and takes part in a variety of events and conferences across the globe. They will get the opportunity to meet industry experts at these events, listen to the leaders’ insights on current trends, and gain an understanding of how the technological landscape is evolving. They then evaluate the most promising target segments and domains for the growth of the business based on the information we provide.
They are able to provide their customers with the most cutting-edge and efficient solutions since they stay abreast of emerging technologies and actively participate in their development. They are committed to staying ahead of the curve and providing their customers with the best available services, whether this is accomplished through the creation of new products, business analytics, data analytics, data science, or blockchain technology.
THE ROLE OF R&D IN STAYING AHEAD OF THE CURVE
As Akivna Technologies strives to reach new heights of success, research and development (R&D) plays a crucial part in propelling the company forward. All of their R&D time is spent on finding fresh and exciting methods to better serve their customers’ demands and beat out the competitors. The team’s primary focus is on researching and testing novel solutions, as well as analyzing how these innovations might affect their company and their customers.
Their services in areas like business analytics, data analytics, data science, and blockchain technology are all constantly being developed and improved thanks to their extensive research and development efforts. Company investments in R&D allow us to anticipate their customers’ needs and provide them with innovative solutions that give them a leg up on the competition.
VISION OF THE COMPANY
As a company, they want to expand their footprints more in the domain of Artificial Intelligence and create use cases for different sectors of the industry like supply chain, Health care, IOT etc. In addition to this, they have also recently launched our digital knowledge platform clineq.com to increase awareness about the latest technology, investment strategies and trending topics everyone must know about.
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ROYALSHIELD TECHNOLOGIES INDIA PVT. LTD.
PROVIDING COMPATIBLE AND SUSTAINABLE VIDEO SURVEILLANCE SOLUTIONS
While technology keeps reshaping various dimensions of business, it has kindled video surveillance as a fundamental need. In this constantly transforming era, enterprise operations in all sectors can’t be secured, within walls or barricades. For operations that can’t be overseen with the naked eye, industries are increasingly investing in specialised camera technology. High octane sectors like Oil & Gas, IT, Manufacturing, etc., largely use video surveillance technology to ensure productivity and security of overall operations. Today, users opt for more consolidated innovations, for both software and hardware. In video surveillance, they aim for camera technology that is resilient and capable of providing high-quality videos. Royalshield Technologies is one such renowned tech-partner addressing the need for video surveillance solutions. Formed under the ‘Start-up India’ initiative, Royalshield is a creative venture of a group passionate technocrats, who understood the potential of CCTV in India, and believed the nation should have its own premium Indigenous brand, to reduce the dependency on MNCs.
EFFECTIVE AND AFFORDABLE SOLUTIONS
RoyalShield is envisioned to empower communities by, providing advanced surveillance solutions. It’s registered under (DPIIT) Department for Promotion of Industry and Internal Trade Govt. Of India, MSME, DIC / Udyam Akansha, Government eMarket Place (GeM), Bureau of Indian Standards (BIS) and is ISO90012015 & ISO14001-2015, CE, FCC & RoHS certi¬ed brand. Indigenous companies often favour MNCs and other cheap imports, fearing the credibility of products. RoyalShield aims to change this. Amalgamated with ingenuity and technology, the Company aims to deliver qualified Video surveillance products at costeffective rates. RoyalShield’s products are categorised under - Network Camera, Speed Dome, NVR, Mobile Surveillance and Value Series Product Portfolio.
CHANDRA SHEKHAR Director & Founder
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Puja | Business Connect
RoyalShield has forayed into diverse industrial segments ranging from Education, ITMS, Safe City, Banking, Hotel & Hospitality, Retails, IT & Telecom, Road & Transport, Railways, Govt Vertical, etc. Products are certified with International standards and ensure the safety of customer’s valued assets - providing intelligence to estimate risks. RoyalShield encircles proactive IT Security Experts, whose meticulous efforts help in alleviating security risks before they emerge. The Company provides outstanding pre & Aftersales support.
PRODUCTS FORMED UPON CORE VALUES
RoyalShield’s commitment to quality is driven by, 5 core values, namely Customer First, Disciplined Execution, Embrace Impossible Challenges, Continuous Learning and Serving Society. Their products offer face recognition analytics, panoramic, WDR Pro, early warning, to assist in preventing crimes, and curtail security expenses. The Company aims to go beyond traditional practices and implant revolutionary measures. For instance, while traditional IP Cameras only record what is happening, RoyalShield came up with AEW (Auto-tracking early warning), with flashing light, audio and laser tracking. The technology is best used for traffic monitoring as it has individual alarms for car and people. Moreover, the camera has human and vehicle classification features, which plays a prominent role in video surveillance. The feature is made with cutting-edge algorithms, and ensure it is well- suited to detect and track - person and vehicles in real-time.
RoyalShield has PTZ Cameras, incorporated with hybrid 16MP (eight 2MP lenses) and 360° rotation panoramic view, giving command overview with less blind area, and proactively alarm in case of emergencies. The cameras also contain face recognition feature having high accuracy to achieve the best image that helps deal with complex situation or emergencies. Powered with AI technology, the camera is capable of intelligence function not limited to faces and opts for more information. The camera consists of multiple interfaces, which helps it link with access control devices making it easier to manage visitor access.
A JOURNEY CONFERRED WITH INNOVATIONS
Taking the first step in 2020, RoyalShield leads a dynamic growth upon revolutionary integrations in surveillance solutions. Along with traditional cameras, it has excelled in special types of CCTV solutions like Brightstar and Super Brightstar series for effective night monitoring. RoyalShield has also devised Thermal cameras with built-in speakers, supports E-warning, video analysis, etc. RoyalShield also innovated video surveillance systems through its products NVR Lite Series. The model provides a true and efficient 4K system, and are suitable for regions where 5MP or 8MP IP cameras are popular. The Video Surveillance products, are further categorised into NVR Lite Series, NVR Bright & Supreme Series and XVR Series. All these products are built upon competencies of Plug & Play, RAID, Inbuilt PoE, Ethernet, Audio & alarm, and several other essential amenities.
SEASONED PEOPLE ON BOARD
If innovation propels the growth of a Company, it is the leadership- the people that ensure the innovations areup-to-date. At RoyalShield, the helm is held by, Chandra Shekhar (Director & Founder) and further corroborated by, a group of tech-aspirants. Chandra Shekhar brings a long-standing experience in expanding emerging brands in India. He has an MBA in IT & Marketing and earned major reverence in the video surveillance industry. Prior to RoyalShield, he has graduated 18 years in creating multiple opportunities for system integrators, dealers & distributors in the surveillance market. Through Royalshield, he brought revolutionary changes in the video surveillance arena and nurtured several aspirants since its inception.
As for the other leaders, all of them carry a substantial experience in the technology arena. Most of the team members are an award-winning professionals in the CCTV space, with competencies in leading OEMs to develop multiple SI and distributor network. They are known for their meticulousness along with business ethics and integrity.
The combined efforts of the ensemble have concurred several successful cases over the years. Many of its integrations include more than 75 + Govt Projects includes Defence, Airports, NTPC, BHEL, Power Grid, MHA, HAL, Post Office, ITBP etc and numbers of corporate clientale along with few oversease business. “Our successful integrations are evident that we empower our core mission - to connect our customers around the world with innovative technologies, exceptional products, and high-quality services”, the leadership team adds enthusiastically.
PLANS FOR THE FUTURE
Mr. Chandra Shekhar aspires to make RoyalShields the preferred choice for all Regional Distributors / Channel Partners /System Integrators along with end users. To achieve this, he’s ensuring that all of his products are in compliance with the highest quality standards. He’s also offering customers robust pre and after sales support. In the near future, he’ll introduce a complete range of security solutions that’d include CCTVs, Networking Switches, Cables, Displays, etc.
“We are contiously working on upgradation and creating / adding many more product line in our product portfolio to enter into complete range of video surveillance solution very soon. ,” says Mr. Chandra Shekhar, the Founder of RoyalShield Technologies India Private Limited.
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MAKE FAS T BUCKS ALL ALONG YOUR VOYAGE
There could be no other amazing way ever than to make money by writing while travelling. Have you ever wondered of getting paid for the thing you love doing the most? Isn’t it really great and wonderful to earn penny for your favorite hobby? There could be no other amazing way ever than to make money by writing while travelling. Imagine yourself in a job where you will be paid to travel? Sounds perfect! Yes, exactly, you have heard it right. Travelling has the ability to be completely overwhelming and writing about the places you have travelled is a heaven and going to the most exotic places for free and getting paid to write about those moments you have lived is just amazing and highly alluring Let’s go on to the journey of making your dream job into reality with us by following these simple tips.
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The travel writers seeks the world we have lost –the lost valleys of the imagination
TARGETED TO ENTHRALL, NOT ENTHUSE
Certain writers try to pack their writing with literary phrases. Writers who write about their travel are aimed to entertain people rather than impress them.
ENTAIL DIALOUGE
Dialouge brings life to the scenes and brings the things in personality. Include dialogues to the writing to bring more lively effect to your writing.
SHOW AND TELL
Showing and telling is a storytelling technique we use in our daily lives without even realizing. Showing means to pen down your writing and describe every thing in detail including the things you saw, tasted , heard , felt. You are making everyone live that moment again. Telling means to simply move the story along. To earn more, you must write perfectly using these both.
PRIMEVAL PARAGRAPH SHOULD BE OUTSTANDING
To start your article, you can use drama or humour or dialogue. But your first paragraph must be glued and expressive
EXCISE YOUR SAVOIR- FLAIR
Stories have vivid time, place and other things. Generally, the travel writers write approx 1000 to 1200 words article. Stick to that and make it entertaining
HAVE A CRYSTAL STORYLINE
A trip is not a trip. It’s a sequence of events that took place. Not each and every event is meant to tell and show. Some events are good and some are not. Being a writer, your first responsibility is to edit those events in your mind and make a clear storyline. The utmost task of the writer is to select those particular events in his mind and tell the story to the world
AVAILVIGOROUS LANGUAGE
We see travel articles to be filled with the words such as stunning, incredible and diverse. To be unique , adopt uniquely identifying language.
ASSENT SIGNPOST
Readers travel through the writer’s story to the world. Always try to leave signpost at the new place you visit because you are not the only one who is travelling, readers are also travelling with you.
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Super efficient Online Payroll & HR Management Software Services
There are the two ways of constructing a good software design: First way is to make it too simple, that there are obviously no deficiencies, and the second way is to make it too complicated that there are no obvious deficiencies. The first method is far more difficult. But Mr. RAVINDRA MISHRA, the Director of “The Most Innovative Company” Sensys Technologies makes it Entrenched, Developer and Supplies the advance range of Taxation & HR-related software products.
Sensys technologies incorporated in the year 2004, a pioneer in software development & sales with proven expertise in the field of
• Payroll & Human Resource Management System
• Tax Solutions, Accounting, Inventory Systems
• eXtensible Business Reporting Language (XBRL)
• Fixed Asset Management System
• Customer Relationship Management (CRM)
• Business Process Management Solutions (BPM)
• Enterprise Resource Planning (ERP)
• Application Integration
• Attendance, Biometric & CCTV Solutions
• Customization
Today, they have mustered a huge clientele due to their streamlined business operations and effective and feasible solutions. Their aim is to achieve complete client satisfaction by building this company for the long term - a profitable company that is highly relevant to its clients, supportive of its people, and respected in the marketplace.
• The transformation of the company as a leading software company in small, medium & big enterprises, which bring out the software products and services through innovation and modern technology and also can compete in the local & global market.
• They have a proven track record of developing and delivering solutions that have helped the customers in reducing costs, time savings, and increased efficiency.
• Counting on SENSYS is like bringing you valuable ex-
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“Accept responsibility for your life. Know that it is you who will get you where you want to go, no one else”
Mr. Ravindra Mishra
Ravindra Mishra Director
Indranil | Business Connect
pertise that assures faster implementations & greater business benefits.
Unfolding layers of anecdote struggle
They believe that their unique key features, quality software solutions & services, client’s satisfaction, technical knowhow & intellect differentiate them from competitors.
No business was not at all easy for anyone, not with them. They started with Rs. 2,500/- each, in the year 2004 to buy a second-hand computer and started their business running from one of the director’s home. They have struggled a lot to reach from 1 Employee Company to 175+ employees’ company. Opportunities don’t happen easily, they create them and their struggle story is tough and inspiring.
A start-up for them is only good as its people. And their company can thrive only with the help of its employees, who motivated it to make as successful as possible. That’s how SENSYS, become a successful small business to a fully developed industry of 175+ employees, that has come a long way doing great things.
Good Employees Build Customers - Business Relationships
They have catered to many industries and to be it be from Financial Services, Pharmaceuticals, Manufacturing Industry, Insurance, Retail, Media & Telecom, Transportation, Government sector, etc. To name a few, Esteemed Clients like Reliance, Raymonds, Finolex, Jai Corp, Kanakia builders, NIIT, SIES College, Baggit, Suntech Realty, RICHFEEL, OPPO Mobiles, DELTA Corp, etc.
Ensuring and maximizing the customer satisfaction by providing the effective software products & services with built-in measures and controls and offers more comprehensive functionality, more flexible delivery models, more responsive customer service, and more overall value.
Future of Marketing - Trends & Changes
They are continuously taking efforts in the field of Payroll & HR for improvement in software technology & support through research & development. They make significant investments in their people in the areas of orientation and initial and ongoing training.
It is of utmost important to keep the employee happy and motivated. Their dedicated team of HR keeps on doing various activities to keep them working, motivated and happy.
R&D is essential for the growth to cope up with changing market trends of the market for the company. Without R&D, no one will be able to survive in this
fast-changing technology. It is always necessary to keep refining one’s skills and never stop learning. Their positive strength is that their key person Mr. Mishra, organized and maintain himself as a goal-oriented individual. His role model is his own father, who is a highly motivated individual and a winner in life. He endeavors to have the same zeal for work as him and this keeps him going forth and this long.
Milepost juncture and Personal exigency
“SENSYS” is very proud of the fact that their software’s are considered the number one choice of countless small, medium & big businesses. Thanks to their innovative & dynamic software development and marketing team. They have witnessed the birth and growth of many corporations and companies, and they will not stop until they make sure that everyone in India makes the most use of their software’s and they will be proud to call them their own. The contemporary approach of the milestone are:-
• Realistic, Scalable Marketing Strategy
• Repeat business from the existing esteemed clients
• Strong development & sales team
• Gain recognition in the industry
• Profitable Company
His personal interests are extensive reading and writing blogs on issues affecting the IT industry. His professional interest is Microsoft, .Net, ASP.net, VB.net, C#, Java, PHP, Multimedia, Graphics, Website, B2B, B2C, Software, Offshore Software Development, Application Development, Web Portal.
Posting Memorandum: Message To Business Connect Readers
They, at Sensys Technologies, are aware that not everyone has what it takes to have complete control over all the aspects, that make a business successful, and that is especially true for small and medium businesses.
So, they’ve decided to invest their time and experience in creating the best web-based Payroll & HR Management software in the market. The result of their efforts is called HRMTHREAD - a robust web-based Payroll & HR Management Software
So, it’s safe to say that when it comes to managing the payroll, you always need to know where you stand with all the salaries, bank transfers, reimbursements and other statutory payments that you make. Thankfully, HRMTHREAD’s user-friendly interface serves as a guarantee that one will get all the reports needed with just a few clicks, giving the time, one needs to focus on all the areas that need immediate improvement. In India makes the most use of HRMTHREAD - payroll software they are proud to call it their own.
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Raj Sahu Founder & CEO
SYSOTEL TECHNOLOGIES PVT. LTD. A TURNAROUND SPECIALIST FOR HOTELS
Renu | Business Connect
With the world inclining more and more to technology, Smart solutions have become the stepping stone for every industry. The Hospitality industry is no exception. With time, not only in practice, but the industry has led the change in technology implementation as well. If we go to an established hotel, we will find Smart tools for Energy Management, Predictive Maintenance, Guest Experiences, Reserved Parking, and the list goes on. But, the situation is quite the opposite for Mid-Scale, Lower Midscale businesses. These ventures are actuated by passionate entrepreneurs, and the proper support and resources can elevate their game.
Coming to a more recent phenomenon, the hospitality sector, particularly hotels, took a significant hit from the COVID-19. And even after a year, the sector is still recovering steadily. Hotels are a key driver of economic growth. And they need adaptive technologies and solutions to emerge and grow. SYSOTEL is a one-stop-shop for such solutions. Headquartered in Odisha, the Company is capable of turning the tide of any hotel business.
A CHANGE DRIVER
SYSOTEL offers comprehensive SaaS technologies for revenue management in the hospitality industry. The Company serves all sizes of hospitality groups from small to large. But, primarily, it focuses on scaling growth of Mid-Scale, Lower Mid-scale ventures. The hospitality industry has a lot of scope for technology implementation, especially for automation. And it is wildly prominent for small and mid-sized ventures to grow their potential. SYSOTEL stands proud for offering ‘User friendly’, ‘Insightful’, ‘Affordable’ & ‘Profitable’ technology to help them reach their ultimate goals. The Company is gauging its journey with like-minded people with proven success in multiple organizational operations and scaled-up case studies in the hospitality vertical. SYSOTEL serves Independent Hotels, Homestays, Boutique Hotels, Chain hotels, which needs branding, as well as star-classified hotels.
THE BEGINNING AND THE GROWTH
SYSOTEL took its first step as an individual company in 2021, but the excursion started in 2014 as a partnership deed. The concept for this enterprise was ideated by Raj Sahu, a seasoned leader who saw profitability and creativity in the mundane. He has over two decades of experience in hospitality, working with renowned brands such as Royal Orchid, ISTA and Cambay. Over this stint, he saw the scope for advanced technological support in the working model of hotels. The existing framework had several gaps, and he believed it can be reworked with technology. In 2014, he started it as an initiative to rectify the existing model. Fortunately, it solidified into a venture for offering newage hospitality tech solutions. Moreover, as his partner Mr Kiran Suthar came on board, the Venture hardened to the core. They founded SYSOTEL, stitching together 16 years of experience in India and overseas.
Born in the aftermath of the pandemic, SYSOTEL is focused on accelerating the recovery of the Hospitality Industry. It aims to help the sector rise from the ashes and increase its productivity. And judging from its inputs, SYSOTEL has made great strides in a few months. Its products are laced with over four decades of combined knowledge and case studies, and it has received excellent industry response. Maintaining this trajectory, helping the industry fly high with the wings of technology, there is a realization that the journey has come a long way, overpowering trial and error phases before consolidating as a hospitality- tech company. “The setbacks only sharpened our focus and added to our learning to create a prosperous start-up”, says Raj. SYSOTEL is constantly striving to create a strong presence in the hospitality sector. It’s offering advanced tech products, like AR based Hotel website developer, Simple and UI-friendly RMS & Powerful hotel channel manager.
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DRIVEN & CONSISTENT
Experience blended with skills drives quality, and it’s one of the driving forces of SYSOTEL. The current market scenario is cut-throat, and only the fittest and adaptive will emerge. SYSOTEL hails from a niche sector, and it strives to break ground through its product portfolio. “Our mission is to deploy best-in-class products that amplify growth possibilities for both our clients and us,” adds Raj. The hotel sector is still recovering from its concussions, and SYSOTEL aims to exercise innovation and novelty to assist in every means. For this, the Company engages in in-depth R&D practices. It helps in developing and re-developing its existing portfolio for future deployments.
The Company has already taken a big step towards this with its flagship product SYSIRMS. It’s a fine illustration of research and hard work. The platform is an AI-powered revenue management solution with a user-friendly UI that allows independent owners, revenue managers, e-Commerce managers, property managers, and general managers to run their businesses smoothly and scale their performance with minimal oversight. In short, the AI platform can automate and streamline all volumes of operation. On the other hand, it has deployed some of the remarkable solutions that earned it great client reviews. Its products speak for its competence and give them an edge over peers.
THE ONE’S DRIVING THE COMPETENCE
“Adding manpower to a late software project makes it better”
Fedrick P Brooks
SYSOTEL was found to revamp the prevailing model of the hotel business. And such a mission demands a passionate leader and similar brains. Raj is a serial entrepreneur with multiple qualities. His deep passion for the Hotel business, coupled with his inimitable style, of speaking makes him attractive in the coup. He’s a turnaround expert who’s helped organisations in the areas of operations, sales, and asset management achieve new heights. He also co-founded Rev Matrix, GoXplore, and stayplans.com, all of which bring strategic elevation to the hospitality industry on a large scale.
With such a leader on board, SYSOTEL has established an open culture that can keep everyone motivated even on the worst days. Everyone puts effort to establish and sustain connections and stay motivated at all times. Moreover, the CEO has a knack for people’s development; hence, the company conducts timely training and sessions with industry-specific experts.
LEVELLING UP ITS GAME
In a short period, SYSOTEL has laid resounding milestones. It has launch-ready products with the capacity to run 5000+ hotels. Moreover, it has already added a prestigious accolade on its shelf. It was awarded the “Best Smart Automation Services” at the Future of Facility Innovation & Tech Awards 2021.
These achievements act as a stepping stone for SYSOTEL. The Company envisages being at the forefront of technology for the hotel business. “We AIM to be a market leader in Affordable, well Synced, AI-based & hospitality technology solutions”, concludes Raj.
PARTING NOTE FOR ASPIRERS
Never Lose Focus and learn from your deeds. It will lead you to next door and finally to the door of your Success. Keep working and find solutions which are sustainable.
Raj Sahu, Founder & CEO, SYSOTEL
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Will Teaching From Behind A Mask Affect Communication & Learning ?
Due to the Coronavirus pandemic, after spending so many months at home, children around the world are returning to school. Things at school won’t be as same as before, there will be a set of new rules and regulations that will be mandated to follow. One of the most important rules that would be listed at the top is to wear a mask. Masks have become the most common part of our lives now but the question arises, how children will adapt to such a new environment at schools? How will teaching and learning behind a mask affect the learning?
When the matter of communication comes, the first thing that approaches to our mind is talking through our mouths in order to create sounds and speech. However, contact actually requires a range of visual and audio signals, such as facial expressions, gestures and eye gaze, as well as speech.
EDUCATION 56 www.businessconnectindia.in | Vol. 5 Special Edition February 2023 | INDIA
The face, from which observers can quickly and easily generate a variety of readings, is one of the most important tools in human communication. The most basic type of human communication is through facial expressions.
Will children be able to adapt to this new normal of education through behind the mask? How can face masks change the learning environment?
At school, for children, it is more convenient to retain knowledge and understand new concepts of learnings through gestures. The way children interact and understand is through the assistance of both visual and audio sensory inputs. Although, gestures could prove helpful as teachers communicate from behind the mask, if visual speech signals are fully obscured, learning would certainly be impaired. But how, and to what extent?
The lower half of the face is obscured by masks that limit the ability to speak, perceive and imitate the gestures of those with whom we communicate. Positive emotions become less noticeable, amplifying negative emotions. In general, emotional mimicry, contagion, and emotionality are reduced and that way the bonding between teachers and students might get disturbed.
Every child cannot adapt to communicating with masks, some children may face difficulties. For instance, children those are deaf or have some hearing issues mostly rely on lip-reading but due to the wearing of masks, they could fall behind. Teachers may have to come up with some ideas and adapt their strategies according to the needs of the students.
Communication & Learning
Well, soon the schools will reopen and children will be back to their school life but things won’t be the same as earlier. There will be new rules, new methods of learning etc. we are all aware that the COVID-19 pandemic has changed our lives a lot and people are trying to adapt to the new normal.
There is a widespread apprehension as the school years approach to begin. While it remains to be seen exactly how will children be reacting to the situation where teachers will be teaching them wearing masks. The most important thing for both children and teachers is to adjust to the new normal.
“Face features (such as the size and shape of the nose, the colour of the eyes, etc.) and their formation are not only used to describe faces but also to infer the emotions they convey”.
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RNI NO. DELENG/2018/76695