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Infibeam Avenues’ CCAvenue TapPay replaces Card Swiping POS Machines by converting Smartphones into a digital POS

India, February 27, 2023 –– Infibeam Avenues Limited’s (IAL) flagship brand CCAvenue through its app TapPay has disrupted the Indian payment market by replacing card-swiping POS machines with a smartphone-based payment app. Merchants have doubly benefitted from this app. Not only have they saved on the cost of the card swiping machine, but also on its operational cost. Since October 2022, more than 1.20 lakh merchants have downloaded the TapPay app.

CCAvenue was adjudged ‘Best Payments Solution Provider of the Year’ at the ETBFSI Excellence Awards 2022 at a glittering ceremony attended by top Corporates in Banking, Insurance, Finance, Fintech, Asset Management and Financial Services. The company’s innovative mobile app CCAvenue TapPay is the reason behind CCAvenue receiving this award.

The ETBFSI Excellence Awards are an initiative to recognize the latest innovations and unique initiatives and acknowledge top achievers for outstanding contributions in providing services or solutions in the BFSI sector.

Commenting on the achievement, Mr. Pankaj Dedhia, Chief Business Officer, Infibeam Avenues Ltd, said, “On behalf of the company, I would like to thank ETBFSI for honouring us with this prestigious award and recognizing our various innovative initiatives. CCAvenue’s TapPay Solution had been designed to digitise cash transactions and enable millions of businesses to accept payments securely with zero hardware cost and, in the process, become a catalyst in India’s journey towards the ubiquity of digital payments. We aim to empower ‘EVERY BUSINESS & BUSINESSMAN’ with a simple-to-use technology, right in their palm and at the click of a button, anytime, anywhere.”

India’s first listed software platforms and payments infrastructure company, Infibeam Avenues Ltd, is also among India’s most profit-making fintech companies. In nine months ended December 2022, the company earned INR 98 crore Profit After Tax (PAT) with a y-o-y growth of 77%. More than 8.4 million merchants and corporates are registered across their payment and e-commerce platforms. The company caters to major leading banks of India like HDFC Bank, ICICI Bank, Kotak Bank, etc., offering them payment infrastructure services.

As per a market estimate, the payment industry consisting of banks, fintech and payment gateway companies, processes approximately INR 7 lakh crore of person-to-merchant (P2M) payment transactions in India on a monthly basis and the monthly income (revenue) stands at approx. between INR 3000 crore to INR 3500 crore for the payment industry.

In recent times, Infibeam’s CCAvenue has won several awards and recognition including:

•  CCAvenue has been recognized as Superbrand 2023 for the third time in a row by Superbrands India
•  ‘Best Use of Technology and ‘Best Innovator’ awards at the Unlocked Awards 2022
•  ‘Best Tech for E-Commerce’ award at the 12th India Digital Awards
•  ‘Best Online Payments Solution – Merchant’ title at the Business Innovation Awards
•  ‘Best Online Payments Solution’ title at the Drivers of Digital (DOD) Awards
•  Excellence in Technology (Incumbents) at the ASSOCHAM 2nd Fintech & Digital Payments Awards 2022
•  Fintech award for Digital Payments at Governance Now’s BFSI Awards 2022.

Focus Edumatics is hiring graduates from all streams for their Chennai Office.

Feb 2023: Online K-12 tutoring platform Focus Edumatics to create opportunities for Chennai graduates to serve as tutors. The company is targeting to hire 2000 graduates from Chennai by the end of this year. To enhance teachers’ skills, Focus Edumatics aims to provide free training to teachers and create 14000 online tutors jobs in India in 2023.

As part of the free training curriculum, Focus Edumatics provides candidates with world-class instruction and certification to excel as one-on-one instructors. The training includes advanced English competency, student engagement techniques, computer skills, and soft skills (e.g., communication) to teach international students effectively. After successful completion of the program, candidates will be hired by Focus Edumatics as online tutors on payroll with a highly competitive starting salary apart from other perks.

Commenting on the initiative, Mr. U.K. Rana, President/CEO of Focus Edumatics, said, “We believe in the power of education and its ability to bring desired changes in society. And we can provide quality only if we have qualified teachers. Our initiative aims to enhance the teaching ability of talented graduates passionate about educating young minds. Focus Edumatics seeks to sharpen the candidates’ communication and core subject skills, eventually making them job-ready.

The program is designed for those who want to become online tutors to mentor USA K12 students. It will offer job seekers, recent graduates, and experienced individuals a great chance to become online tutors. It will also provide a good opportunity for teachers, parents, and other professionals looking for a flexible work arrangement.

Taking breaks between the study time best way to beat stress keep stress at bay: Mental health expert

New Delhi, February 27, 2023: Exam time could be a stressful time for students of all levels. But, mental health expert Dr. Jyoti Kapoor, Founder-Director and Senior Psychiatrist, of Manasthali Wellness, said rewarding yourself between study time is the best way to beat stress. She further added that this will motivate the students to continue studying and reduce stress. A small amount of stress can challenge you and stimulate you to work harder. Exam stress becomes problematic when it interferes with your ability to perform and achieve your
academic and learning goals.

“Exam stress is the feeling of tension and worry that comes from test-taking situations. It is normal to feel some stress about upcoming tests, exams, papers or presentations. Therefore, when you’re studying, ensure that you’re taking breaks in between Indeed For example, after studying hard for an hour, take a break and play on the internet for 20 minutes or watch an episode of a TV show that you enjoy. This will help you get your mind
off the exam while acting as a motivational carrot that may help you pick up studying again after your break,” Dr. Jyoti Kapoor said.

Below are the tips that will help you avoid stress so that you can ace your exams:

•  Make yourself a study schedule, breaking down the topic you want to study day by day
•  Be realistic about how much you can study each day when allocating your time
•  It’s very difficult to sustain your concentration for hours at a time so when you find your mind wandering it’s probably a sign you need a short break
•  Eating healthy and limiting your caffeine intake is essential
•  Taking time out from studying to exercise may be the last thing you feel like doing, but there’s a reason exercise is a classic stress reliever
•  Physical activity is a great way to clear your mind and boost your mood
• After just 20 minutes of exercise, you can hit the books with renewed focus
•  Talking to a friend, significant other, family member, or advisor when you’re feeling
  really worried can be a huge help
•  Don’t be afraid to speak to a professional or the mental health services at your school if you are concerned about your mental health during exam season or at any point in the year

VitrA Bathrooms India Appoints Tirthankar Sarkar as the New Sr. Country Manager

VitrA, a leading global brand for complete bathroom solutions from Turkey has appointed Tirthankar Sarkar as the new Senior Country Manager of VitrA Bathrooms India. He succeeds Serhan Ates Yagiz, who will now take over as Senior Country Manager for China & South East Asia after a remarkable 7 years in the position.

Sarkar continues in the bathroom industry as Sr. Country Manager with a wealth of experience. In his new role, he will be managing business operations for VitrA across India. He has over 22 years of professional experience in sales and has a track record of consistently winning high levels of business within a competitive marketplace. Sarkar, holding a core position at VitrA, is familiar with the system at VitrA and fully understands the brand and company which makes him deserving of his current position.

During the past year, Sarkar has displayed significant drive and energy as he has undertaken the demanding task of delivering business value to sales and operations while expanding the consumer base and strengthening it for the future. He will lead VitrA into its next century of business, with his industry experience, strategic vision, and customer-centric approach. With his leadership experience in consumer goods, Sarkar is an excellent fit to lead VitrA with a commitment to innovation and market activation strategies. He will now oversee the implementation of the operations across India with a focus on driving revenue and market share expansion.

Mr. Tirthankar Sarkar, Sr. Country Manager, VitrA Bathrooms India says, “India is a complex, multifaceted nation that offers tremendous opportunities, which is where our years of experience come into play. It is with great pleasure that I take up this new position. I joined VitrA because I could see the company’s potential. I appreciated the value of the skills and expertise needed to deliver challenging, important projects and operations, and develop innovative products. In my brief time with the company, I have been impressed by the tenacity of our culture, and the quality of our client relationships, all of which serve as solid foundations for future growth.”

ICC organises an exclusive session with Dr. Sanjeev Chopra

Kolkata, 26th February 2023: The Indian Chamber of Commerce (ICC) organized an exclusive session with Dr. Sanjeev Chopra, Former Director of LBSNAA, Ex-IAS Officer on Saturday, 25^th February 2023. The session witnessed valuable insights into the post-independence era and the consolidation of princely states. There were other esteemed members in the panel including Mr. Soumitra Mohan, IAS, Secretary, Dept. of transport, Govt. of West Bengal, Dr. Sandeep Chatterjee, F.R.C.S Ed, DNB (Surg.), M.N.A.M.S, (Neurosurgery), F.R.C.S (Neurosurgery), M.S.M.B.B.S Academic Coordinator of Neurosurgery, Mr. Sanjay Budhia, Past President, Indian Chamber of Commerce, Mr. Rudra Chatterjee, Past President, ICC and Dr. Rajeev Singh, Director General, ICC.

While delivering the welcome address, Mr. Sanjay Budhia, Past President, Indian Chamber of Commerce, said, “Our author has great passion for literature, which is very much reflected in his book, focusing down on the cherished career of the country. The book takes us back in time to discuss the history of Bharat. The book clearly mentions the national ability to distinct through socio-economic boundaries. The discussion will enlighten with readers with enriching ideas given in the book.”

Commenting about the book, Mr. Soumitra Mohan, IAS, Secretary, Dept. of transport, Govt. of West Bengal, said, “The book speaks broadly about the Indian Independence Act. It covers the state of three provinces following the Britisher’s exit from our country. It further sheds light on chief commissioner areas, governor provinces and thirdly the princely states. Almost 552 princely states, were later organized by Sardar Vallabhbhai Patel. The way that he along with VP Menon worked tirelessly to annex the princely states has been mentioned in the book. A lot of autonomy was given to the princely states. Henceforth, two agreements were signed to serve as the instrument of accession, while autonomy was restricted to the government to ensure this practice was implemented. Interestingly there were 20 names again suggested for Uttar Pradesh such as Aryabhatta, Aryabhatta Pradesh, Brahma Pradesh etc. So, these are very interesting issues highlighted in the book projecting the division of states and its development which has been discussed further in the book.”

Commenting on the event, Dr. Sandeep Chatterjee, F.R.C.S Ed, DNB (Surg.), M.N.A.M.S, (Neurosurgery), F.R.C.S (Neurosurgery), M.S.M.B.B.S Academic Coordinator of Neurosurgery, said, “The book is intriguing when you read it showcasing the ultimate paradox. Having said that, the book reveals the history of geography at the beginning and the geography of history during its end.”

Commenting at the event, Mr. Rudra Chatterjee, Past President, ICC, said, “The book interestingly narrates not only the history or geography but an overall summary of our country. The Bangladesh partition in 1971 was one of those periods whose impact was felt at our borders. The partitions of 1905 and 1947 have also been explored in the book.”

Commenting on the theme of the book, Dr. Sanjeev Chopra, Former Director of LBSNAA, Ex-IAS Officer, said, “Today, we see West Bengal seeking changes. There is a very interesting story about when Karnataka was previously called Mysore. There were sections from the local community that did not want to change the name, keeping in mind people’s emotions. India after partition had several names, Hindustan, Bharat, India but Britishers mentioned that they never wanted to call themselves dominant of Pakistan. Further V.P. Menon and Sardar Vallabhbhai Patel worked tirelessly to make our country the centralized factor. Demographic changes have been affecting politics, and most of them did not face the same wrath after the partition which Bengal and Punjab had gone through. Having said that Bengal was not treated well after the partition whereas the Punjabi refugees were accepted with open arms by the other princely states. Precisely the book mentions Identity is fluid and not cast in stone.”

While delivering the vote of thanks, Dr. Rajeev Singh, Director General, ICC, said, “Everyone in this room has got the flavor of history and seen a multifaceted personality. This book is what people of India need to know, especially the young generation.”

BRILLICA Opens Its First Biggest Luxury Lighting store in Namma Bengaluru Largest store spread over 4500 sq feet

Bengaluru 26th, February 2023: Brillica, one of South India’s foremost biggest Luxury Lighting brands, unveiled its first flagship Showroom in Namma Bengaluru today. The Store is located at Brillica Lights, Ground floor,#21, opposite to ITC Gardenia Hotel, Richmond Circle-560027, will be the city’s largest luxury Lighting store, spread over 4500 square feet. The people of Bengaluru are invited to celebrate the occasion by browsing a large range of Luxury lighting designs and solutions and to experience the thousands of possibilities firsthand.

Mr.Mohit Agarwal, CEO, of Brillica, said, “Buoyed by our successful launch in Hyderabad, we are confident about expanding our presence to Bengaluru. We provide a personalized shopping experience that caters to the unique needs and preferences of our discerning clients. As a trusted name in the lighting industry, we have a reputation for delivering Quality, Innovation, and Sophistication to every project.

Speaking at the occasion Mr. Kamal Agarwal, CFO- of Brillica, Said, “We are confident that the cornerstone of Brillica expertise-affordable design will find favors with the Bengaluru Customers. This new store will be an important contributor for our company’s growth”

Brillica, With a legacy of excellence spanning over the years, our luxury lighting stores in Hyderabad and Bangalore offer an unparalleled selection of designer lighting solutions. We are known for our exquisite collection of Chandeliers, Lamps and other lighting fixtures that combine Style and Functionality;

Prozo Becomes the First Indian 3PL Company to Deploy Mini-Load Automated Storage and Retrieval System (ASRS)

Bangalore, 26 Feb’23: Prozo, one of India’s fastest-growing ‘full-stack’ supply chain company, has set new benchmarks in automation with the launch of the Mini-Load Automated Storage and Retrieval System (mini-load ASRS). Through this deployment, Prozo has become the first 3PL company in India to have such an advanced technology integration into its supply chain management services and take one more step towards 100% automation of warehouses.

The ASRS deployment has been carried out at a warehouse in Hoskote, Karnataka in partnership with Craftsman Automation Limited. The objective of this partnership is to deliver advanced and effective storage solutions making the best utilization of space at reasonable pricing.

ASRS is a combination of equipment and computer-controlled systems that automatically place and retrieve the load from defined storage locations. It is designed to maximize storage density and make goods movement within the warehouse highly efficient. This system makes the picking and putaway of goods completely automated. Goods come to the person rather than the person going to the goods in the case of ASRS.

Each ASRS solution is accompanied by intelligent software that ensures real-time supply chain visibility and is designed to interface with all ERP & WMS platforms, thus producing a strong return on investment. The storage capacity of this automation is approx. 1 lacs units. With the capability of carrying out 200-300 cycles of placement and retrieval of bins weighing up to 35 kgs on an hourly basis; the system is set to be a game-changer in the quality of operations at the Prozo facility where it is deployed.

Mini-load ASRS will help fulfill B2C and D2C orders in a faster and more efficient manner round the clock. Categories such as fashion & apparel, electronics, jewelry, beauty & health, FMCG, spares, etc will be ideal for a mini-load ASRS environment. Even quick commerce companies like Zepto, Blinkit etc can benefit from such automated solutions.

Committed to revolutionizing supply chains and automating world-class end-to-end logistics support at affordable cost, Prozo has been consistently introducing the most advanced technology and automation right from its inception in 2016. The company currently manages supply chains for over 100 enterprises including some of the leading e-commerce players in India through a fulfillment network of 30 omnichannel fulfillment centers spread over an area of 15,00,000 sq. ft across 12 locations in India.

Speaking about this, Ashvini Jakhar, Founder and CEO, Prozo, said, “Digitisation and automation must go hand in hand for supply chains to be truly best in class. After digitization of multi-channel supply chains leveraging Prozo’s Warehousing & Logistics Platform (PWLP), investing into automation was the obvious next step. Our clients trust us for offering them ‘future-ready’ supply chains and being a first mover here will help us bring this cutting-edge automation to our clients.”

Prozo has been moving forward towards ensuring the best of technology, processes, and collaborations to democratize supply chain access for all. It has a command center and warehousing and logistics control tower framework that enables the company to deliver best-in-class SLA & TAT adherence. As a result of this quality of ‘Enterprise Grade Supply Chains’ and constant support for B2B, B2C, and D2C supply chains, and fast fulfillment services, Prozo has been able to rapidly scale its business size and clientele and this is just the start!