14, Jun 2023
This Father’s Day Gift Him An Experience At Dreamy Destination With Welcomhotel By ITC Hotels

Indulge in enriching experience at exquisite destinations to create cherished memories for your perfect getaway.

Welcomhotel Jim Corbett

As Father’s Day approaches, a quaint escape from city life awaits at the Welcomhotel Jim Corbett. Embrace the calm, blissful aura with a light touch of luxury. Lounge with panoramic views of the inner Himalayas and the Kosi river valley on Father’s Day weekend. Take a nature walk through the woods around the hotel, go for bird photography, enjoy a picnic under the shade of forest canopies and laze in the pool overlooking the mountains.

Discover the hidden gem and uncover unique treasures atChail.Nestled amidst lush green forests, WelcomhotelTavleenChail is an ideal sojourn from the chaos outside. Crisp mountain breeze and a view dotted by lush green forests of pine and cedar await travellers seeking a rejuvenating experience. Whether you are looking for on-site activities and world-class amenities for the whole family, it’s the perfect pick for Father’s Day spacation.

On Father’s Day, soak in the breath-taking view as the rising sun washes over the spectacular valleys of Kashmir. Snuggled between pine trees and paths that lead to the shimmering Lidder river, Welcomhotel Pine N Peak is the only luxury retreat in Pahalgam. Through a celebration of unique experiences with deeper meaning, this hotel offersenriching experience at one of India’s most picturesque destinations.

Plan a road trip with your dad toWelcomhotel The Savoy,Mussoorie. Treat your hero to an unparalleled experience, revel in the old-world charm and new-age conveniences in the ‘Queen of hills’. Built with English Gothic architecture, this hotel has an opulent elegance like no other, set against a splendid backdrop of the Garhwal Himalayan range.

Ever wondered what it would be like to reach out and touch the skies? On Father’s Day, let him live that feeling of living on cloud 9 at Welcomhotel Shimla. Lounge in comfort overlooking the enchanting Mashobra Valley or get off the beaten track, discover secret trails and live the destination like a local from culture to cuisine.

This Father’s Day weekend, discover the bounty of heritage gems Amritsar has to offer. Go back to the Royal era of 1900s with a stay at Welcomhotel Amritsar. Restored with modern luxuries and comfort, you will be regaled with the majestic architecture, signature rich cuisine and enriching experiences that offers a spiritual and serene stay.

Welcomhotel Katra is the base camp for those wanting to partake of the region’s picturesque attractions, including Patnitop. Let your father enjoy the serene surroundings and breathtaking views at Welcomhotel Katra, nestled amidst lush and scenic foothills of TrikutaParvat. Adventure lovers throng this place for water sports activities and the mesmerizing beauty.

For Bookings, please visit ITC Hotels Website or ITC Hotels App

14, Jun 2023
Vagaries of a Post-Covid Start-up: Navigating the Hybrid Work Model

By Dr. Ananthakrishnan Gopal, Co-Founder & CTO, DaveAI

Introduction:

As the world grappled with the unprecedented challenges brought on by the Covid-19 pandemic, startups faced unique hurdles and had to adapt swiftly to survive. In this guest post, I, as a Co-founder of DaveAI, a dynamic start-up, share our journey through the trials and triumphs of the post-Covid era. With a team spread across the country, we embraced the hybrid work model, discovered the power of remote collaboration, and witnessed the transformative effects of in-person connections.

Adapting to the New Normal:

When the lockdowns hit in 2020, our small start-up of 10 members, based primarily in Bangalore, found itself at a crossroads. The closure of retail stores, our main clients, meant reevaluating our business model and seeking new opportunities. We quickly pivoted, targeting Large Scale OEMs and transitioning to a web-based approach. This shift not only expanded our potential customer base but also opened our eyes to the immense talent available nationwide. Recognizing the strength of India’s diversity, we fully embraced an online-remote work model, allowing us to recruit talent from various states.

The Power of Remote Collaboration:

As we settled into the remote work environment, we discovered both the advantages and limitations it presented. Communication, though affected, remained effective, and some team members thrived in the newfound flexibility and focus. However, we acknowledged that extended periods of isolation impacted certain individuals’ performance. We adapted, focusing on the strengths each team member brought to the table. To foster a sense of camaraderie and alleviate loneliness, we offered the option of working from co-working spaces in major cities, allowing employees to work together a few days a week.

The Importance of In-Person Connections:

While remote work proved functional, we recognized that it lacked the depth of connection and ideation that could arise from face-to-face interactions. To bridge this gap, we organized an offsite in Goa, bringing our geographically dispersed team of 45 members together. This gathering not only facilitated personal connections but also fueled the birth of new ideas and initiatives. The experience proved invaluable, inspiring us to blend the best of both worlds—remote work and in-person collaboration.

Embracing the Hybrid Work Model:

Motivated by the success of our offsite, we established a permanent office space in Bangalore with a capacity of 25 seats, accommodating approximately one-fourth of our workforce. The office serves as a hub for thinking, discussions, and motivation while embracing the hybrid work model. Most of our team members continue to work remotely, but we encourage periodic visits and gatherings to nurture team bonding and spur innovative thinking. This approach allows us to benefit from diverse talent while ensuring a sense of belonging and collaboration.

Looking Ahead:

As we inaugurate our new office, we reflect on the journey that brought us here and look forward to the exciting growth and development that lies ahead. Our commitment to nurturing a world-class team of thinkers, innovators, and sales and marketing pioneers remains at the core of our ethos. With a blend of remote collaboration and in-person connections, we are poised to continue bringing cutting-edge technology to the world of sales and marketing, driving the next wave of transformative growth.

Conclusion:

The post-Covid era has been one of immense learning and adaptation for start-ups like ours. By embracing the hybrid work model, we have discovered the power of remote collaboration and the significance of in-person connections. As we embark on this new phase, we are confident that our dynamic and diverse team will continue to innovate, ideate, and revolutionize the world of sales and marketing. Together, we will shape a future that combines the best of virtual and physical experiences, driven by a shared vision of growth and success.

14, Jun 2023
Unisys Releases 2022 Sustainability Report Highlighting Progress in ESG Performance

BLUE BELL, Pa., June 14, 2023 – Unisys (NYSE: UIS) announces the release of the company’s 2022 Sustainability Report, detailing the progress made in the past year towards achieving the environmental, social, and governance (ESG) goals of the organization. Since releasing its first corporate sustainability report in 1994, Unisys has continued to drive breakthroughs not only for the company but also for its clients. This year’s report is no exception.

“From the diversity of our team ranging from associates to the board of directors, as well as delivering on our long-standing environmental commitments, I am proud of our progress — yet recognize that there is more work to do,” said Peter Altabef chair and chief executive officer at Unisys.

Meaningful advancements in making climate actions a business priority

In 2022, Unisys set a new goal to achieve net zero greenhouse gas emissions (GHG) for Scope 1 (direct) and Scope 2 (indirect) sources by 2030. In addition, the company accomplished its 2026 goal to reduce Scope 1 and Scope 2 GHG emissions by 75%, five years ahead of schedule.

Unisys continues to drive excellence in minimizing its environmental footprint from the associate to the corporate level. The success of these efforts to date is a testimony of the company and its leadership team in making climate action a business priority.

Key achievements include:

Reducing CO2e emissions from air travel for business by 19% since 2019 and car travel for business by 57% during the same period.
Driving down energy consumption globally by 38% from 2019 to 2022.
Reducing its real estate global footprint by 16% over the past four years.
Collecting nearly 200,000 pounds of end-of-life electronics in 2022 and recycling these devices with partners.

Fulfilling the aims of an inclusive and engaged culture

The 2022 Sustainability Report highlights the organization’s commitment to diversity, equity and inclusion (DEI). One area of progress is the growth in the percentage of women both in the workforce and in leadership positions:

Women held 49% of U.S. workforce leadership positions in 2022, up from 42% in 2021.
Women in global leadership positions reached 43% in 2022, up from 38% in 2021.
U.S. employees who belong to Underrepresented Ethnic Groups (UREGs) grew from 27% in 2021 to 31% in 2022.

In 2022, Unisys launched mandatory DEI training for all associates to make sure DEI is embedded in all levels of the company. Additionally, every senior leader at Unisys participates in the company’s “Inclusive Leadership” workshop, which helps them understand and mitigate unconscious bias. The impact of these efforts is demonstrated in the Unisys DEI Index, an annual survey of its associates to assess perspectives of DEI efforts across the company.

In 2022, key successes include:

80% of associates feel comfortable being themselves at work.
77% of associate respondents globally believed that everyone at Unisys, regardless of background, has an equal opportunity to succeed at the company.
70% viewed their experiences at Unisys related to DEI positively.
70% feel a strong sense of belonging at Unisys.

A culture of values from the top

From a governance perspective, Unisys continues to drive a values-based culture, which is reflected in the company’s leadership. In 2022, more than half (seven) of its 12

board members were either female or belonged to ethnically diverse groups.

Further, the company’s leadership team has committed to growing relationships with suppliers and partners that have like-minded ESG policies and/or programs, asking its network of 6,000 suppliers to align with the company’s values outlined in the Unisys Business Partner Code of Business Conduct. The commitment of Unisys partners to the company’s ESG goals advances progress toward building a sustainable enterprise for the company and its clients.

“The programs and policies we live by every day create a better employee experience and enable our people to better serve our clients and positively impact our communities,” said Claudius O. Sokenu, general counsel and chief administrative officer. “The successes of the past year and our determination to lead in ESG make the world a better place.”

Click here to view the full report: https://www.unisys.com/report/sustainability-report/

14, Jun 2023
TOEFL iBT® test approved for Canada’s student direct stream programme, empowering Indian students for higher education

New Delhi, June 14, 2023: Leading global educational assessment organisation ETS recently announced that their popular evaluation TOEFL iBT® test has been approved by the Immigration, Refugees and Citizenship Canada (IRCC) for use in Canada’s Student Direct Stream (SDS) programme. This significant development enables international students from India and 13 other countries to pursue their educational aspirations at renowned higher education institutions in Canada.

The TOEFL iBT® test, created by ETS, is a respected, accepted and preferred test of academic English-language proficiency, used for study, work and immigration. ETS is a strategic partner with leading global higher education management group MSM Unify, where they both are committed to transform the global education landscape. They are united in their mission to ensure that every student, regardless of their background, can access their dream education. This announcement is a concrete step in that direction and will greatly benefit Indian students. As per the IRCC records, over 2,26,450 Indian students went to study in Canada in 2022. With this record breaking number, Indian students formed the biggest group of international students to reach Canada for higher education purposes.

Earlier, students applying through the SDS route had only one English-language testing option. With the inclusion of the TOEFL iBT® test, students now have a wider range of choices to demonstrate their English-language proficiency.

“We are thrilled to celebrate this milestone in partnership with ETS,” said Avinav Sharma, Head of Strategy, MSM Unify. “The inclusion of the TOEFL iBT® test benefits the students who utilise the SDS route and also empowers educational institutions by diversifying their applicant pool” he added.

Starting from August 10, 2023, students from select countries can include their TOEFL iBT® test scores as part of their SDS application, streamlining the process and facilitating a smoother academic journey.

The TOEFL iBT® test is widely accepted by 100% of Canadian universities. This announcement reflects ETS’s commitment to offering students increased choices, transparency, and seamless access to educational opportunities.

Speaking about this development, Sachin Jain, Country Manager, ETS India and South Asia said “we are delighted that TOEFL iBT has been accepted for Canada’s Student Direct Stream. This move will immensely benefit Indian students who take this route each year to study in Canada. With this move, institutions in Canada will have a wider choice of selecting from a wider applicant base, enabling a more diverse cohort at their campuses”

More information about the TOEFL iBT® test and the SDS application process is available at www.ets.org/toefl

14, Jun 2023
Leading Kidswear Brand Miniklub opens a new store in Chennai

chennai store launch (3)

Miniklub – India’s leading babywear brand opens its 3rd flagship store in Chennai. Located in Anna Nagar, the store launch was graced by the Chief Guest- Shri G.K.Vasan, MP, President – Sri Thiyaga Brahma Mahotsava Sabha, Thiruvaiyaru. The newly launched store with a floor area of 2000+ sqft offers a wide range of safe and comfy apparel and non-apparel range for newborns to 8-year-olds.

After successfully operating in Nexus Vijaya Mall and Marina Mall the new store in Annanagar is ready host the parents with spaciously designed store offering latest New Born essentials, baby wear, footwear, toys, branded travel range, baby care products and much more all under one roof.

Incepted in 2013, MiniKlub, from the house of First Steps Babywear, has emerged as a fast-growing omni-channel brand with a presence in over 450 plus multi-brand outlets, leading e-retailers and exclusive brand stores – both physical and online. Having successfully marked its presence in 28 cities with 55 exclusive brand stores. Inspired by the childhood spirit, Miniklub takes utmost care while designing the products for comfort and safety of the babies. Miniklub also takes pride in following sustainable manufacturing process while bringing the best quality products to the market.

Miniklub also delivers across India through e-commerce platforms like Amazon, Myntra, Flipkart and Ajio and with their own D2C platform www.miniklub.in

Store Address: No: 208 Shanthi Colony Main Road, 4th Avenue, Anna Nagar,Chennai – 600040,

Landmark: Opposite to Shree Mithai

14, Jun 2023
My child has an Autoimmune Disease – What are the dos and don’ts?

Dr Sagar BhattadDr. Sagar Bhattad, Consultant – Paediatric Immunology & Rheumatology, Aster RV Hospital

Children fall sick regularly. As they grow up, start going to school and have exposure to other kids and new environments, sickness becomes a regular feature. The child falls sick, you take them to the doctor, follow the instructions and they get better. Sadly, it is not this simple for autoimmune diseases. Has your child been recently diagnosed with an autoimmune disease? Don’t know what to do or not do? Don’t worry, we’ve got you covered.

Everyone falls sick. There is nothing new or alarming about that. It is concerning when the condition gets severe or has no cure. And when a child is diagnosed with something serious, the parents’ world comes crashing down. They don’t know what to do, what not to do, how to take care of the child, which doctor to see next and the list is never-ending, just like the disease itself.

What are Autoimmune Diseases?

An autoimmune disease is where the immune system malfunctions and attacks the body instead of protecting it. The immune system mistakes the healthy cells to be infections or foreign invaders and attacks them., So, the immune system keeps fighting the body and destroying the healthy cells, instead of protecting them.

The exact reason or cause for autoimmune diseases are still unknown. A lot of research is going into finding the cause behind the various autoimmune diseases. These diseases can either be genetic or due to environmental exposure. Sometimes, an environmental factor can trigger the underlying autoimmune disease if the child has inherited a defective gene.

As a parent, it is important to remember that autoimmune diseases are not communicable, meaning you cannot get them because someone you stay with or someone in contact with you has a disease.

What happens when a child has an autoimmune disease?

When a child is diagnosed with an autoimmune disease, the best possible treatment is started immediately. Autoimmune diseases can cause severe damage to the organs in the body, so treating them or controlling them at the earliest is very important. With proper treatment and constant monitoring, the child can live a regular life with minimal restrictions.

Who is at risk of Autoimmune Disease?

The autoimmune disease generally runs in families. There are cases where someone with absolutely no family history of the disease can be diagnosed with an autoimmune disease. Here are some risk factors which can increase the chances of an individual developing an autoimmune disease:

  • Genes – Every human receives 2 sets of genes. When one of the parents or their parents has an autoimmune disease, there are high chances for them to pass down this defective gene. While one might have a defective gene, it is not necessary for them to have the disease. It only increases their risk.
  • Weight – Your weight can sometimes play havoc with your system. It can add pressure to your joints, leading to chronic joint pains or arthritis, and can also cause some organs to malfunction.
  • Age – Autoimmune diseases are prone to affect younger people than older people. It can affect children too.
  • Race – Certain races and ethnicities are more prone to some autoimmune diseases than others. The reason is not very clear but it is connected to genetics.
  • Gender – Many autoimmune diseases affect girls more than boys
  • Medicines – Certain medications can trigger the underlying defective gene in the body. As a result, one might develop an autoimmune disease that has otherwise been dormant until the medicine interfered.
  • Other Diseases – an existing autoimmune disease increases the risk of developing another related autoimmune disease.

 

Can Autoimmune Disease Be Prevented?

Sadly, no. An autoimmune disease is one where the cause is unknown. When you are not sure about the cause of a disease or when it can affect the child, you cannot prevent it effectively. It is not advisable to treat something that has not occurred yet.

Even in the case of genetic health issues where the chances of a child contracting an autoimmune disease are high, you cannot prevent it completely. Doctors might prescribe certain medicines or treatments for the mother-to-be, but this can only reduce the chances of the disease passing on to the child.

An autoimmune disease can be very difficult to live with. However, with the right diagnosis and timely treatment, you can work on reducing the impact of the disease and help the child lead a close to normal life. The advancement of science and technology has enabled children with autoimmune diseases to enjoy their childhood, without much of a compromise.

14, Jun 2023
EssentialDx Revolutionizes Organizational Diagnostics

Austin, TX, June 14, 2023 – EssentialDx, a business diagnostic solutions provider, is pleased to announce its launch, tapping into a new frontier of enterprise data to provide transformative insights that directly address the highest priorities of today’s c-suite.

In the face of one of the most dynamic and challenging business environments in history, leaders are actively seeking new solutions that enable their organizations to not only adapt to uncertainty and change, but to thrive in it. EssentialDx is at the forefront of this evolution, leveraging a proprietary methodology, advanced AI, and sophisticated analytics to unlock the transformative power of data-driven insights. By examining every facet of an organization, EssentialDx provides leaders with a comprehensive and nuanced view, empowering them to make informed decisions that drive organizational performance; talent acquisition, engagement and retention; and building adaptive cultures.

Traditional consulting engagements can cost upwards of a million dollars and take months or years to deliver results; EssentialDx offers a game-changing alternative with an accelerated timeline of 30-days or less and an affordable flat fee structure, providing leaders with highimpact results at a fraction of the time and cost.

“At EssentialDx, we believe that a high-performing, resilient and adaptable culture is within reach of every organization, and now we’ve made it so that it’s just 30 days away,” says Henry Nothhaft, Jr., President of EssentialDx. “Our platform enables leaders to unlock the full potential of their organization’s talent and culture. EssentialDx provides organizations with rapid, datadriven insights and actionable recommendations, positioning them to successfully navigate and thrive in the face of uncertainty.”

EssentialDx provides a more reliable and sophisticated view of an organization’s dynamics, opportunities and challenges, with solutions that go beyond stale data and subjective observation to uncover hidden insights that traditional approaches miss. These solutions include a range of diagnostic services, including OrgDx, SearchDx, and BrandDx.

OrgDx

A next-generation diagnostic solution that supports leaders during critical inflection points. It provides actionable recommendations based on data-driven insights, giving organizations the tools they need to succeed in today’s dynamic business landscape. By combining social science, methodology, and advanced analytics, OrgDx delivers a more reliable, efficient, and cost-effective solution compared to traditional management consulting firms and self-service software tools, with a focus on driving tangible business outcomes and a more engaged workforce.

SearchDx

SearchDx streamlines the talent acquisition process by generating key insights from stakeholders and influencers to align the organization and refine the search strategy. With a focus on increased efficiency, improved representation, and an optimized candidate experience, SearchDx positions organizations to hire the best possible candidate for the role, resulting in a successful and lasting match.

BrandDx

BrandDx helps companies understand and improve their brand perception and reputation. Through a unique combination of digital analysis and traditional brand audit methods, BrandDx provides a comprehensive view of the company’s brand, as seen through the eyes of employees, prospective hires, customers, and investors. This delivers actionable insights and recommendations to optimize public presence, address blind spots, mitigate risks, and prepare for tough questions. Companies can gain a competitive edge by enhancing every facet of their brand.

“With EssentialDx, we’re providing CEOs with the cheat code they’ve always wished for—a way to reveal the unseen and unlock the secrets to organizational success,” says Nothhaft. “Our platform equips leaders to level up their decision-making, optimize performance, and effectively attract and engage talent. It’s the game-changer CEOs have been waiting for, and now it’s a reality.”

EssentialDx was incubated by Alioth, a renowned life sciences executive search firm, and is backed by Polaris Partners. With over four years of R&D, EssentialDx has assisted numerous leadership teams in navigating the pandemic and ensuing environment. Today, EssentialDx is an independent provider of high-impact diagnostic services, uniquely positioned to empower leadership teams to navigate today’s unique challenges.

14, Jun 2023
Cash Treasury Trading in the Age of AI

By Shankar Narayanan, Head of Trading Research, Quantitative Brokers

The US Treasury market has long been renowned for its depth and liquidity, serving as a crucial pillar of the financial system. However, recent disruptions have exposed the need for modernization and increased efficiency. In the era of artificial intelligence, cash treasury trading presents a unique opportunity to integrate new technologies, enhance trading methodologies and meet the growing demands of a rapidly evolving market.

Photo by Burak The Weekender: https://www.pexels.com/photo/white-android-tablet-turned-on-displaying-a-graph-186464/

Photo by Burak The Weekender:

The rise of artificial intelligence and machine learning is reshaping financial markets, including the more complex fixed-income landscape. The advancements we now see enable more efficient trade execution, risk management, and data analysis, leading to improved decision-making and operational efficiency. Recognizing the need for progress, Quantitative Brokers (QB) has been at the forefront, modernizing fixed-income trading with broker-neutral algorithms for best execution across various markets, including cash treasuries for over a decade. Yet, we believe that this is just the beginning.

Electronic trading already offers improved efficiencies in fixed income. It continues gaining momentum in the cash treasury markets, offering benefits such as increased transparency, expanded liquidity access, and tighter spreads. According to a recent research study by Greenwich Coalition, roughly two-thirds of U.S. Treasury trading was traded electronically in 2022. In other words, over $400 billion of Treasury securities trade electronically on any given day, according to the paper by the Federal Reserve Bank of New York. However, some of the initial concerns about greater visibility and access still remain. Most solutions in the market need to be more focused on solving this. As a trader, it is still crucial to strike a balance between electronic trading and maintaining relationships with traditional market participants to ensure a seamless transition and continued market stability.

Solutions are being proposed by The Federal Reserve Bank of NY, which recently suggested introducing “all-to-all” trading to enhance access and innovation in US Cash Treasuries. This approach allows market participants to engage directly in transactions, regardless of trading venues. While this presents promising opportunities for market resilience, liquidity improvement, and fairer pricing, challenges such as market fragmentation, regulatory considerations, and technological infrastructure still need to be addressed for widespread adoption. This solution could also take many years to adopt and fundamentally change the microstructure of the cash markets.

 Source: Federal Reserve Bank of New York

That is why we believe complex problems demand modern solutions. Neutral vendors such as Quantitative Brokers play a crucial role in aggregating liquidity in a fragmented market. By connecting to all venues, central limit order books (CLOBs), and private streams, QB has built solutions that address the specific needs of market participants. Our smart order routing technology, PRISM, minimizes market impact and improves execution quality when combined with the Algo Suite. Together they optimize for the best execution of treasuries and leverage all available liquidity sources.

Driving change in the treasury market is a significant responsibility. Ensuring the presence of all relevant market makers and managing flow toxicity is vital. Quantitative Brokers access the required venues and adapt to future changes, such as the potential adoption of all-to-all trading. Our technology solutions enable participants to navigate the market effectively, leveraging AI-powered technologies to optimize execution and achieve workflow efficiencies.

Given the fragmentation in the cash treasury market, venue selection for execution is critical. We want to look for the size, price, and toxicity, typically measured by the post-trade adverse selection. While AI is a generic and broad category, there are specific deep-learning algorithms that effectively tackle cross-venue impact and toxicity. The real-time implementation of these algorithms can be challenging, but one still gets a huge advantage in using machine learning algorithms for post-trade fills, leading to real-time changes.

There are also improvements in the liquidity of the cash treasury markets on account of macro changes. Post the 2008 financial crisis and a decade of low-interest rates, cash treasury is more in demand than ever, especially given the recent fallout of equity markets. The higher demand in cash treasury will result in more competition, necessitating better AI models with superior technological infrastructure.

The US cash treasury market stands on the cusp of transformation in the age of AI. Leveraging intelligent solutions, liquidity profiling, optimized order placement, and smart order routing can revolutionize fragmented markets. By adopting AI-powered technologies, such as smart order routers and algorithmic trading, market participants can enhance efficiency, navigate complexities, and achieve optimal execution in cash treasury trading.

Cash treasury traders can embrace the potential for improvements as the financial landscape evolves. By leveraging technological advancements and intelligent solutions, the market can overcome challenges, improve liquidity access, and optimize execution quality. Quantitative Brokers is focused on innovation and efficiency, using PRISM and the Algo Suite to empower market participants to thrive in the age of AI.

13, Jun 2023
AutoFlight Reveals Interior Design of World-Record Holding Prosperity I EVTOL

Augsburg, Germany (13/06/2023) – AutoFlight, the global electric Vertical Take Off and Landing (eVTOL) pioneer, is thrilled to unveil the interior design of its world-record holding Prosperity I EVTOL. Designed by legendary automotive industry designer Frank Stephenson, known for his iconic works with brands such as Ferrari, Maserati, McLaren, and MINI, Prosperity I represents a fusion of style, science, and sustainable urban mobility. The full-scale aircraft type will be showcased at the highly anticipated Le Bourget Paris Air Show (19-25 June 2023).

AutoFlight

Frank Stephenson’s expertise and creative vision have been instrumental in bringing Prosperity I to life. With a career spanning over three decades, Stephenson has consistently delivered designs that marry form and function, while incorporating the latest eco-friendly technologies. Leveraging his experience, Prosperity I embraces a sleek and elegant aesthetic that exemplifies the perfect blend of performance and beauty.

Tian Yu, CEO of AutoFlight, expressed his enthusiasm for the collaboration, stating, “We are delighted to have Frank Stephenson, a true industry pioneer, lending his remarkable talent to our Prosperity I eVTOL. His unparalleled design expertise has added a new dimension to our aircraft, elevating it to a whole new level. With Frank’s touch, Prosperity I truly embodies the future of urban air mobility.”

Frank Stephenson, Chief Designer of Prosperity I, shared his thoughts on the design process, saying, “Designing the interior of the Prosperity I has been a phenomenal journey. Our aim was to create an environment that evokes a sense of safety, comfort and innovation. With this as our goal, the passengers will feel relaxed, living a new sensation of wonder as they travel to their destinations. The welcoming interior has been achieved through the innovative application of natural organic shapes, new soft touch materials and a clever system of interior mood lighting. Meticulous attention to all details ensures that Prosperity I is bound to provide our passengers with a truly exceptional in-flight experience.

AutoFlight is committed to sustainability and is actively working on selecting sustainable, recycled, and reusable materials for Prosperity I ahead of mass production. Aligning with its vision of sustainable urban mobility, the company aims to deliver a cutting-edge aircraft that not only revolutionizes air transportation but also minimizes its environmental impact.

With the longest eVTOL flight on record (250km / 155mi), Prosperity I is leading the pack in achieving sustainable advanced air mobility (AAM) at scale. Its interior design features demonstrate AutoFlight’s dedication to providing a remarkable passenger experience in mass individual transportation. The sleek lines and angle-free sculpted interior create a feeling of spaciousness, while curated lighting adds an ambiance of elegance and tranquility. The use of performance materials not only ensures a lightweight structure but also reflects AutoFlight’s unwavering commitment to efficiency and sustainability.

AutoFlight invites industry professionals and aviation enthusiasts to visit their exhibition stand, Chalet #200, at Le Bourget Paris Air Show, where the full-scale Prosperity I will be showcased.

For media inquiries, please contact:

Jules Tipler

Email: jules@influenceemobility.com

13, Jun 2023
Tumble Dry goes on an aggressive expansion plan

New Delhi, 13th June 2023: Tumbledry, a leading provider of laundry and dry clean services, is making significant strides towards its ambitious goal of opening 2000 stores by the year 2025. The company’s rapid growth presents a significant opportunity for emerging entrepreneurs in tier 1 and tier 2 cities.

As a franchise-based business model, Tumbledry has successfully captured 56% of the organized laundry market, offering entrepreneurs an opportunity to tap into the growing demand for laundry services. Tumbledry provides comprehensive support to its franchisees, including training, guidance on operations, marketing assistance, and promotional activities. This support system has enabled franchisees to set up thriving stores and achieve business growth in collaboration with Tumbledry.

Gaurav Nigam, Founder at Tumbledry

Since December 2022, Tumbledry has launched an impressive 189 stores, setting a new standard in the industry by opening one store per day over the past six months. This extraordinary pace of expansion demonstrates Tumbledry’s commitment to pushing boundaries and consistently expanding its footprint. Notably, in the months of March, April, and May 2023 alone, Tumbledry introduced an impressive total of 25, 35, and 30 stores, respectively.

Tumbledry currently has over 70 stores in the works, scheduled to go live in June and July 2023. These new store openings will span a wide range of cities across India, including Bangalore, Hyderabad, Mumbai, Pune, Nagpur, Patna, Jammu, Ranchi, Kolkata, Kashipur, Barpeta, Sonari, Silvassa, Shimla, Giridih, Bokaro, Gulbarga, Hubli, Kozhikode, Kollam, Barmati, Erode, Jaunpur, and Sodepur. By expanding its presence to these diverse locations, Tumbledry aims to make its exceptional laundry services more accessible and efficient for people across different regions.

Tumbledry’s growth has been fueled by its quarter-on-quarter expansion. The company has achieved remarkable success, operating 604 stores in 198 cities in just 48 months. Data shows that out of the total franchise partners on-boarded by Tumbledry, a significant 40% are from Tier 2 and Tier 3 regions, highlighting the company’s commitment to reaching customers beyond major metropolitan areas.

“We are incredibly proud of our rapid growth and expansion efforts,” said Mr. Gaurav Nigam, Founder at Tumbledry. “By opening one store per day, we are determined to make our high-quality laundry services accessible to more customers throughout the country. Our expansion reflects our commitment to revolutionizing the laundry industry and providing exceptional growth in the industry.”

Tumbledry differentiates itself from other service providers by prioritizing transparency, high-quality service, and customer convenience. The company utilizes state-of-the-art machinery and chemicals sourced from Sweden, America, and Germany. It also boasts an in-house academy to train its washermen and pressmen, ensuring clothes are handled with the utmost care. With a focus on hygiene, Tumbledry processes each customer’s clothes separately and guarantees 99% stain removal with specially developed chemicals. Customers can witness the cleaning process in live stores and track orders through the mobile app, which includes free home pickup and delivery. These unique features set Tumbledry apart from other laundry service providers.

The laundry service market in India is vast, with a value of USD 35.83 billion in 2020 and an estimated worth of INR 2.2 Lakh Cr. Despite this, 96% of the Indian laundry industry remains unorganized. Tumbledry aims to tap into this growing market by offering franchise opportunities, providing a chance to be part of a rapidly growing industry with a high return on investment. The company’s franchise model has enabled it to penetrate smaller cities and towns, where the demand for quality laundry and dry cleaning services is growing.

Tumbledry is working diligently towards addressing the laundry and dry cleaning needs of half a billion urban Indians by launching 2000 live stores by 2026. The company’s goal is to cover all Tier 1, Tier 2, and Tier 3 cities and establish a hyper-local presence by having one Tumbledry store within every 3 km radius. This strategic expansion plan aims to ensure that everyone, regardless of their location, has access to high-quality laundry and dry cleaning services.