Archive: January 6, 2022

Andrea’s Bistro opens its doors in DLF Promenade, Vasant Kunj

New Delhi, January 6th, 2022 – Andrea Pauro, the restauranteur behind Amici, Andrea’s Eatery, Andrea’s Bar & Brasserie opens a global themed Bistro in Delhi’s Vasant Kunt at DLF Promenade Mall today. The restaurant is named Andrea’s Bistro.

Restauranteur Andrea, now brings this universal experience to Delhi with Andrea’s Bistro – a true reflection of his love for travels and many global food adventures. Curated with his signature philosophy of authenticity, the menu includes an amalgamation of prominent cuisines such as Thai, Italian & Japanese dishes prepared with fresh and high-quality ingredients. The bistro also boasts of a bar for guests to pair their food with crafted drinks, cocktails and wines.

The word “bistro” itself came from the term “bwystra” which means ‘fast’ in Russian. When the Russian army invaded France during the Napoleonic war, the officers would often shout “Bwystra!” to the owners or waiters demanding a quick service, as they needed to get back on the road. Over time, the owners coined the term to refer to their restaurants as a place with fast and efficient service. Amrita Pauro, Andrea’s sister and his design partner for all his earlier projects has done the interiors. Andrea’s Bistro offers a serene oasis in a busy mall where one can enjoy the vibe and great food.

Andrea Pauro said, “The Bistro is the culmination of many experiences with food on my travels. And the new Andrea’s bistro is an epitome of my love for fine cuisine.”

Chef Mohit Jaggi has curated the menu along with Andrea’s. He brings to the table his long-time loyalty to the faith of food and diverse culinary experience. He has worked in Oberoi Raj Vilas prior to his present position.

Andrea’s Bistro combines exotic flavors and inspiration from the far East and the West to create authenticity. The center of attention is on serving thoughtful, fun-loving, and scrumptious meals. Andrea’s Bistro offers its patrons a selection of globally recognizable signature dishes to choose from.

The Andrea’s Bistro is a perfect establishment where one can relish gourmet food without the formalities of fine dining but with the guarantee of freshness and healthy rudiments.

Address – Andrea’s Bistro, Shop No 307, DLF Promenade, Vasant Kunj, New Delhi

Price of Two: 1800/-

Analytix Opens Second Office in Ahmedabad as it Scales Up Hiring

Ahmedabad: Analytix Business Solutions, a leading outsourcing solutions provider specializing in technology-enabled and value-driven solutions, has opened a second office in Ahmedabad as it scales up its operations.

Analytix Business Solutions opened its new office at Westgate Business Bay on the busy Sarkhej-Gandhinagar highway. The office can accommodate nearly 125 employees.

“We have commenced work from the new office, and have also started conducting interviews for the new joinees. The new office will also help decongest our existing facility in Ahmedabad, considering that we are in the process of recruiting a number of candidates. The new office will also help us maintain social distancing at both offices,” said Rajiv Bhatia, President & Country Head at Analytix Business Solutions.

Analytix Business Solutions’ new and bigger office at Sabarmati Riverfront is expected to become operational in around six months.

“The economic recovery has been strong in many countries, and we see a strong uptick in demand for our services. We also aim to commission offices in Vadodara, Pune, Bangalore, and other overseas locations this year as we increase our headcount and expand to more geographies,” said Mr. Bhatia.

Analytix Business Solutions plans to recruit 100-150 people at different levels in the next six months. The recruitments are planned across verticals and include IT developers, specialized accountants, audiovisual engineers, graduates, and others.

With 50,000+ major breakthroughs verified, Antano & Harini are taking the power of Excellence Installations to new industries

Chennai, January 6, 2022: New Year 2022 is here to unveil the mystery of personal evolution. As humans, we evolve with the ever-unfolding of years. However, more often than not, this evolution is not under our control. We can’t always decide or choose the direction in which our lives are headed. A Chennai-based start-up incubator is challenging this status quo.

Meet Antano & Harini, Legacy Accelerators and the world’s largest one-on-one mentoring platform. Through their propriety Excellence Installation Technology, the duo has personally produced over 50,000 breakthroughs, leading to a permanent shift in the trajectory of lives of the participants.

Commenting on the success of their disruptive tech, Antano Solar John, Co-Creator of EIT observes, “By shaping talent evolution in every sector, Excellence installations is an enabler like Information Technology and a potential trillion-dollar industry, globally.”

World Leaders and Legends all over know how difficult it is to get someone to evolve personally. What if we have the technology for personal evolution just like how we now have the technology for travel and communication that are revolutionary, compared to what we had a century ago?

Like how you design a garden, can the different aspects of how a Human being evolves be designed? Can context-specific, outcomes-based targeted ‘Excellence’ be installed in people? Antano and Harini have been developing cutting-edge technology to artfully design how a person evolves and becomes ‘ready’ for the next league of life experiences in compressed time, with targeted and personalized capability development done through a method called ‘Installations’.

Instead of a ‘one-size-fits-all’ approach, EIT looks at an individual and equips them with the changes that they need to personally evolve and time-compress, launching a unique legacy. With EIT, Entrepreneurs have experienced unprecedented growth. EIT-enabled ‘Close The Deal’ program was helmed as the ‘Booster dose for Indian Economy’. Some of the EIT-enabled start-ups & EIT Entrepreneurs incubated by Antano & Harini are today well-established names in the field of wellness, education, media, coaching, etc.

Evolving Families, with EIT being the invisible glue for over 2,500 families and transformed 10,000+ family relationships.

A.R. Rahman’s Sunshine Orchestra’s under-privileged children who were learning music became global-stage-ready in record time Schools have experienced 100% pass percentages, which hasn’t happened in the history of their existence. Doctors have turned around psychosomatic health challenges for which there is no medical cure.

EIT has demonstrated potential for disrupting several industries with extremely impressive results that have stood the test of time. Thus, EIT Education is being rapidly adopted by industry leaders across various sectors in Education, Healthcare, Entrepreneurship, Sports, and Media. Antano and Harini received the ‘Award of Honour’ from the Ministry of Social Justice and Empowerment for delivering social impact by altering the life trajectory of individuals with Excellence Installation Technology.

Urbanista, The Premium Lifestyle Audio Brand From Sweden, Launches In India

New Delhi, January 2021, STOCKHOLM, SWEDEN

Urbanista, the Swedish premium audio brand with a lifestyle imprint and high-quality audio products that designate their product name from the popular cities in the world, now finally arrives in India.

With a presence in more than 90 countries around the world and more than 30 000+ global stores, one of the leader in the world, Urbanista has opened an operational office in New Delhi, India. The south Asian subcontinent India, thus becomes a market of primary importance for the brand with high growth potential.

Urbanista combines high-quality audio engineering with elegant Sweden design inspired by urban life of global popular cities, addressing an audience that appreciates the freedom of a lifestyle that is always on the move, who has love for music and demands premium quality. The Swedish brand, therefore, strengthens its presence in India by offering a wide range of exclusive products that perfectly combine technology, innovation, design, urban culture and a love for music, such as, for example, Urbanista Los Angeles, the world’s first and only solar-powered headphones that provide virtual infinite playtime and gives you lifetime freedom from charging, and Urbanista Lisbon, the world’s smallest earbuds – just to name a few, that offer a quality audio experience with the essence of urban fashion.

Urbanista CEO Anders Andreen says “We are very excited to introduce our products to the Indian market. Urbanista is a Sweden brand with an international focus that gets inspiration from the world’s greatest cities through fashion, design, music and urban culture. With India being the mobile capital of the world, we believe our brand and products will resonate well with the Indian people.”

Ubanista India Head, Vijay Kannan excerpts “India today stands at a whooping USD 11 billion of headphones & earphones market, which is already one of the largest in the world. This headphone/ earphone industry in India has been growing at CAGR of 9% pre-pandemic and holds strong expected growth at a CAGR of 7% going forward, which makes it an even more interesting market for Urbanista to offer its exclusive range of premium wireless audio products that perfectly suits the Indian customers thriving for quality audio products. Our products are available in premium offline retailer stores in all major cities in India and we will soon be available at selected Apple Premium iphone Reseller stores all over India. Our products can also be found in all major online channels including Amazon and Flipkart.”

MGM Healthcare achieves a rare feat of performing combined procedures of Living Donor Liver Transplantation and Coronary Artery Bypass Graft on a patient

Dr Karthik Mathivanan, Associate director, liver transplant, Dr Thiagarajan Srinivasan, Director Institute of Liver Transplant and HPB surgery and Dr Kailash A Jain, Senior Consultant & Clinical Lead Cardiothoracic Surgery along with the patient.
Dr Karthik Mathivanan, Associate director, liver transplant, Dr Thiagarajan Srinivasan, Director Institute of Liver Transplant and HPB surgery and Dr Kailash A Jain, Senior Consultant & Clinical Lead Cardiothoracic Surgery along with the patient.

Mumbai, 06 January 2021: MGM Healthcare, Chennai today showcased a successful and a rare and a complex surgery performing a living liver donor transplantation and a beating-heart bypass surgery on a 61-year-old male from Nellore in a single sitting. The dual surgery spanning over 18 hours witnessed 15 doctors from various disciplines achieving the feat with precision.

Dr Thiagarajan Srinivasan and Dr. Kailash A Jain who headed the multidisciplinary team of doctors at MGM Healthcare said, “There were multiple challenges in pulling of this extraordinary feat in the form of massive blood loss during and after surgery, high risk for heart attack and arrhythmias during and after surgery, post-operative management of blood clotting. However, to save Mr. Ashok it would be virtually impossible either to have liver transplant alone or heart surgery alone as the risk was very high. He enumerated that multiple meetings of all the team members were held before surgery so that the coordination was perfect like coordinated action formula 1 car pit stop crew and virtual combined surgical plan was rehearsed before doing the actual surgery. Now six months after the surgery the patient is doing well. He further said the facilities and resources required for performing two major surgeries together are not commonly available even in the best of centres and can only be performed in advanced centres where both liver and heart specialties are well developed.

The 15-member team of senior doctors that performed the rare surgery.
The 15-member team of senior doctors that performed the rare surgery.

61-year-old Ashok Rao had developed severe multiple heart vessel blocks. He approached the doctors at MGM Healthcare Chennai and cardiologists advised him heart bypass surgery as the extensive disease cannot be managed by cardiac stents alone. During the evaluation by the doctors, he had a pre-existing end stage liver disease, which prevented him from having major open-heart surgery as risks of severe liver failure and mortality are very high.

The multidisciplinary team of Dr Thiagarajan Srinivasan, Director Institute of Liver Transplant and HPB surgery and Dr Kailash A Jain, Senior Consultant & Clinical Lead Cardiothoracic Surgery, along with a team of experts comprising of Dr Vivekan, senior cardiologist, Dr Arul Prakash, Lead hepatologist, Dr Dinesh Babu, Dr Nivash Chandrasekaran and Dr Shapna Varma Lead Cardiac Anaesthetists and intensivists, Dr Karthik Mathivanan, Associate director, liver transplant and 15 other specialists performed the successful dual surgeries.

Dr Kailash A Jain, Senior Consultant & Clinical Lead Cardiothoracic Surgery, Cardiac surgery in his address said, the patient’s medical evaluation showed Triple Vessel Coronary Artery Disease and a Decompensated Liver Disease for which a coronary artery by-pass and Liver Transplant Surgery was suggested.

“Doing both the surgeries in the same sitting was decided in discussion with the multi-disciplinary team, as doing one surgery alone increases the risk and worsening of function of the other organ,” he added.

Dr Karthik Mathivanan, Senior Consultant & Associate Director, Institute of Liver Transplant & HPB Surgery said the prevalence of moderate to severe coronary artery disease (CAD) in liver cirrhosis is about 26% to 30% and carries a high mortality. Candidates who are not amenable to medical management or stenting do not stand a chance to live without this sequential high risk combined procedure. Due to the complexity and high mortality of such procedures only very few centres in the world do take up such a high-risk task and are able to accomplish with success. Non alcoholic fatty liver disease (NAFLD) in diabetic and obese patients the so called “metabolic syndrome “The prevalence of CAD is almost 50% .  All liver disease patients whether candidates for Liver transplant or not, should get periodic cardiac assessment as the mortality rate is very high if cardiac disease co-exists. Early intervention can decrease mortality and morbidity.

He also stressed that patients with combined heart and liver ailments can be successfully managed by combined liver transplant and heart surgery to have a long life rather than undergoing medical management for individual ailments, which is often unsuccessful.

Lead Hepatologist Dr Arul Prakash said “End-stage liver disease leads to a number of complications and blood loss is often high; Postoperative decompensation of liver cirrhosis and causes continuous production and outflow of pleural fluid, which can lead to slow wound recovery and other immune deficiencies. But the team successfully managed to perform the combined heart bypass and liver transplant with careful planning and coordination.”

Lead Anaesthetists Dr Dinesh and Dr Nivash said, “Anaesthesia risks are high whether in individual liver or heart surgery or combined heart and liver surgery. But having a carefully coordinated plan with innovative solutions for complex problems and optimising the patient well before and during surgery has helped in the successful outcome.”

Harish Manian, CEO MGM Healthcare said, “Performing a complex procedure such as this combined liver transplant and coronary bypass graft requires great deal of expertise coupled with excellent hospital infrastructure.  These kind of successful outcomes through multi-disciplinary approach opens the door for many more critical patients who can get treated successfully and lead a normal life.”

Mr Sohrab Khan appointed as Senior Revenue Manager at Sheraton Grand Pune & Le Méridien Mahabaleshwar

With over 6 years of experience, Sohrab brings with him a vast understanding of the Hospitality sector

Marriott International announces the appointment of Sohrab Khan as the Sr. Revenue Manager at Sheraton Grand Pune and Le Méridien Mahabaleshwar. He comes with a robust skillset of developing effective business strategies, optimizing distribution, and revenue forecasting. Prior to this assignment, he has worked for various hospitality brands including Marriott International, Radisson Blu, and Ascott Limited.

In his new role, Sohrab will be responsible for building and driving the overall revenue management strategy for the brand. He will also look after the company’s revenue function alongside the development and implementation of the right rate strategy. He will also help the brand to maintain a trajectory of growth, maximizing overall revenue and identifying new business opportunities.

Mr Sohrab Khan, Senior Revenue Manager, Sheraton Grand Pune & Le Méridien Mahabaleshwar

Sohrab holds a bachelor’s degree in Hotel Management from University of Huddersfield. Post completing the degree he started his career with Ascott Limited as Management Trainee and moved to Radisson Blu Cavelossim Beach Resort as a reservation executive. He became a Marriott International family member in 2017 as a Cluster Revenue Manager at Bengaluru overseeing all the Marriott Hotels in Bengaluru. In his last assignment, he was working as a Cluster Revenue Manager for Marriott Pune overseeing operations for all the 10 hotels.

We are Sheraton Grand Pune and Le Meridien Mahabaleshwar welcomes him on board and are certain that he will be a great asset to our organization.

About Sheraton Grand Pune Bund Garden Hotel

Located in the center of the city, Grand Pune Bund Garden Hotel is a 5-star haven for business and leisure travelers. Artfully balancing contemporary comfort with India’s old-world grandeur, our stylishly appointed accommodations welcome you with signature amenities, modern essentials and the refreshing Sheraton Sleep Experience. Ignite your senses with authentic Awadhi cuisine, bountiful buffets, and inspiring views at our hotel’s fine dining restaurants. Spend the day exploring legendary attractions, including Osho Ashram, Shaniwar Wada Fort, The Mills, Pune Airport, Railway Station, and Phoenix Mall. Celebrate and succeed in our hotel’s grand meeting spaces, enhanced by modern AV equipment, experienced planners, and custom catering. Punctuate an unforgettable day of business or sightseeing with a restorative massage or personalized wellness therapy at our luxury spa. A stylish fixture on the Pune skyline, Sheraton Grand Pune Bund Garden Hotel is a modern 5-star sanctuary of style, luxury and convenience.

Marriott International, Inc.

Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,000 properties in 30 leading hotel brands spanning 132 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company now offers one travel program, Marriott Bonvoy™, replacing Marriott Rewards® and Starwood Preferred Guest®(SPG). For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

ŠKODA AUTO India bets on 2022 to be the ‘Biggest Year’ in its India operations

Mumbai, January 6th, 2022: The year 2022 is slated to be the biggest year for ŠKODA AUTO India ever since its entry into the Indian market in 2001. With a focused market strategy built around its consistent product launch campaigns, focus on enhancing the after-sales and customer satisfaction drivers and increasing its network presence across the country, ŠKODA AUTO India plans to triple its annual sales volumes in 2022 and further build on the positive momentum created last year.

From 10,387 cars sold in 2020, ŠKODA AUTO India achieved a triple digit growth of 130% with 23,858 units sold in 2021. For 2022, ŠKODA AUTO India aims to triple the 2021 sales volumes, keeping the mid-term target of 1,00,000 units set for 2025. The growth in 2021 and the projection for 2022 is based on the successful implementation of the first leg of the India 2.0 project. A project that involved the development of the MQB A0 IN platform made specifically for India, that formed the base for the launch of the KUSHAQ.

With the start of the new year, ŠKODA AUTO India will be launching the new KODIAQ on January 10, the first of the 6 product actions planned for 2022. Continuing the charge will be the all-new SLAVIA sedan. Built on the same MQB A0 IN platform as the KUSHAQ, the SLAVIA will be the torchbearer of ŠKODA AUTO India’s 2022 calendar, alongside KUSHAQ. Providing further impetus to the product blitz will be enhancements across the product line-up, which include updates to the KUSHAQ, OCTAVIA and SUPERB.

Mr. Zac Hollis, Brand Director, ŠKODA AUTO India-5

Mr. Zac Hollis, Brand Director, ŠKODA AUTO India said, “I am very happy to share that 2021 has been a Year of Growth for ŠKODA Auto India. The growth is due to the team’s commitment and approach towards building a strong customer centric brand. Despite challenges of the pandemic and a global chip shortage, ŠKODA AUTO India stuck to its outlook and recorded a 130% growth in 2021. We will build on this strong momentum and focus on the diverse range of products, with constant product actions. At the same time, we look to set new standards of customer satisfaction and further enhance the after sales experience, continue with our network expansion and treble our sales volume. I am confident that these actions will establish ŠKODA AUTO India as a player of reckoning in 2022. At the onset of the new year, we are on track to achieve the goals we have set for ourselves, which positively reflects our commitment to India.”

New focus areas on the sales front:

In order to gear up for the aggressive sales volumes for 2022, the brand will build on new and existing avenues like its ‘Certified Pre-Owned’ brand, ‘Corporate Sales’ initiatives, increase penetration in rural markets and also continued focus on dealer manpower training, which is essential the business operations.

The plan is to activate the ‘Certified Pre-Owned’ brand across all outlets in 2022. There is already a high level of digitalization in the business process, and the 115 points vehicle evaluation is done by using the mobile app. On the ‘Corporate Sales’ front, the brand has already facilitated tie-ups with banks & financial institutes, and has recorded a 127% growth in 2021 over 2020. The objective is to further increase the corporate sales penetration to around 30% in 2022.

The brand is seeing a surge in the contribution from rural markets. From around 5% in 2020, the share of sales from rural markets grew to around 10% in 2021. With the rapid network expansion across the country, there will be further contribution from the rural markets in 2022.

All the actions on the sales front will mean that the brand will be amongst the top 10 markets for ŠKODA AUTO a.s. and also will be in the top 10 OEMs in India, which will be a tremendous feat.

Building on the Network Expansion:

One of the key pillars of the India 2.0 project was to substantially increase the network presence across the country. With over 175 touchpoints in 2021 the brand has already increased its presence by almost 50%. 2022 will see further actions on this front with the objective of growing from 175 to 225 touchpoints, which results in growth of more than 25%.

The increase in the service footprint will be an architect of this growth. The newly introduced Compact Workshop, which makes aftersales facilities accessible in all rural areas having a sales branch, will enable the brand to cater to more than 60 rural cities in India in 2022.

Enhancing the After-sales and Customer Centric actions:

One of the key areas of focus for the brand has been to keep building on its promise of customer satisfaction. On the after-sales front, the brand has already taken several measure towards enriching the customer experience with reduced cost of ownership. These include a 32% reduction in engine oil prices (gasoline engines) and up to 21% lower overall maintenance costs. The brand has also taken initiatives to have greater transparency with the service cost calculator, available on the website. In 2022, there will be efforts in increasing the trained skill force and improving service quality, introducing new aftersales programs (loyalty offerings) and building customer confidence through greater transparency. Initiatives like the Service Cam, mobile service vans and express service offerings will all help in augmenting the customer experience.

Also fuelling the growth are ŠKODA AUTO India’s customer innovations and campaigns. Like the introduction of an Artificial Intelligence ChatBot on the ŠKODA AUTO India website, WhatsApp and Facebook pages. It is AI that enhances the information and interactivity levels across platforms that people browse through in the car purchase decision. Besides, a slew of customer-centric initiatives like the ‘Peace of Mind’ campaign enabling lower cost of ownership, reduction in parts prices, accessibility of service centres and the digitalisation of the service process enveloped ŠKODA AUTO India’s customer activities.

Going into 2022, ŠKODA AUTO India aims to achieve a leadership position in customer centricity by its continuous implementation of trainings and programs across all customer touchpoints.

With major actions across its product range, sales strategy, network expansion, after-sales initiatives and focus on customer centricity, ŠKODA AUTO India has a firm strategy in place to make 2022 its biggest year in India.

Hebrew University of Jerusalem invites applications for MSc in Environmental Quality Sciences

New Delhi, January 6, 2022: The MSc in Environmental Quality Sciences has been designed to make students understand and address the challenges of global environmental issues, such as alternative water and energy resources, water and soil pollution treatment, waste recycling, agricultural intensification, environmentally sustainable pest control, and plant protection.

The multidisciplinary program is taught by academic staff from the Robert H. Smith Faculty’s Environmental Quality and Natural Resources in Agriculture department and the Agricultural Research Center’s Volcani Institute. This program is curated in a way that students benefit from the experience of leading scientists in environmental quality sciences while taking part in innovative, groundbreaking research in the lab.

The program will help students acquire practical knowledge and hands-on experience. The courses cover broad areas of scientific research, such as environmental microbiology, ecology, soil and water, economics, weed control, botany, and plant protection. The common denominator of these diverse fields is the goal to understand and promote processes that affect and improve the quality of the environment and nurture a sustainable agricultural environment for future generations.

Program delivery

Taught entirely in English, the fully immersive one-year program leads to a non-thesis Master of Science in Agriculture majoring in Environmental Quality Sciences. After successful completion of the first year, qualified graduates can be reviewed for admission to the thesis track for the second year of studies to earn a thesis degree and continue for a Ph.D. degree either in Israel or elsewhere. Upon completion of their studies, most alumni return to their home countries, where they hold key positions in industry, education, academics, research, NGOs, and government organizations.

Website:  https://intschool.agri.huji.ac.il/msc-env

Admission process:

Students applying for the MSc in Environmental Quality Sciences program are required to submit their applications at http://hsr.huji.ac.il/ and fill in the application. Students can also connect with Ms. Nurit Ben-Aharon, International MSc Programs: nuritbe@savion.huji.ac.il, and Ms. Miriam Elbaz, International MSc Programs: miriamelb@savion.huji.ac.il for any further assistance and information.

Admission Cycle:

The admission cycle for the MSc in Environmental Quality Sciences program is open for all international students with an application deadline of March 11, 2022, for students applying with scholarships, and June 30, 2022, for students applying without scholarships.

Admission Requirements:

The program requires students to have a B.Sc. degree from a recognized university in a relevant field – agriculture, land and water resources, agricultural engineering, chemistry, ecology, environment, soil science, etc. Students are required to have a GPA of 80 or above (B- on the letter scale) along with at least 6.0 on the IELTS English proficiency test. While relevant experience is recommended, it is not mandatory.

Angel One’s client base grows by 144.2% in a year to 7.78 million in December ‘21

Mumbai, 6th January 2022: Fintech company Angel One Limited (formerly known as Angel Broking Limited) registered robust growth in December 2021. The company’s client base expanded to 7.78 million, a 144.2% YoY and 19.4% QoQ increase. In December 2021, Angel One’s gross client acquisition increased to 0.46 million, a 110.4% YoY growth. The Fintech company has added 4.77 million clients since December 2020, doubling its client base in a year.

Apart from Angel One’s technological prowess in the segment, several factors contributed to the company’s overall growth in 2021. The Fintech company introduced platforms like Smart Money, Insta Trade and brought third-party partnerships to offer a bouquet of services to its rapidly increasing client base. Owing to its collaborations with small case, Vested, Sensibull, etc., Angel One clients are reaping the benefits of multiple investment services on one platform.

The company’s growth trajectory reflects in the Average Daily Turnover (ADTO), which grew by 172.0% YoY to Rs 7.03 trillion in December 2021. Its Average Client Funding Book recorded 157.4% YoY growth to Rs 15.12 billion. Similarly, the number of orders increased to 64.57 million, a 106.9% YoY growth, while overall equity market share increased to 20.8%, a 282 bps YoY expansion.

In the third quarter of FY22, Angel One logged its highest-ever gross client acquisition, adding 1.34 million new clients, a 161.8% YoY growth. Average Daily Turnover (ADTO) grew to Rs 6.94 trillion, recording the highest quarterly ADTO with a 207.2% YoY growth, thus representing an overall equity market share of 20.9%. Additionally, the company reported 117.2% YoY growth in the number of orders reaching 180.13 million.

Speaking on the robust growth in December, Prabhakar Tiwari, Chief Growth Officer, Angel One Ltd, said, “Our technological advances and efforts to reach new-age investors, particularly in Tier 2, 3 and beyond cities, resulted in this solid performance. It shows that our holistic approach towards targeted growth avenues has yielded positive results. As we step into the new year, we are set to explore new avenues and further make our clients’ investment journey seamless.”

Narayan Gangadhar, Chief Executive Officer, Angel One Ltd, said, “Across business parameters, the past year has been remarkable for Angel One. We are glad we could offer technologically advanced, value-based services to our clients. It is obvious from the numbers that we are on the right track regarding our growth strategy. In the new year, we will continue to make efforts to further enhance the client experience by using tech-driven solutions and widening our bouquet of services.”

Accelex And Simcorp Partner To Automate Alternative Investment Data Workflows

SAAS TECHNOLOGY PROVIDERS INTEGRATE TO PROVIDE STP FROM FUND INVESTMENT DOCUMENTS INTO AI MANAGER

LONDON, UK – JANUARY 06TH, 2022 – Accelex and SimCorp have agreed a partnership that combines market leading technology solutions to benefit alternative investors globally. The partnership – with joint clients already in North America and Europe – is a response to the increasing demand for greater transparency into investment performance.

Complex PDF documents, carrying fund and underlying asset data, typically require resource-intensive, manual processing before entry into SimCorp. Accelex’ market-leading solution leverages data science to automate the extraction of critical financial information from these alternative investment documents and will seamlessly deliver performance and accounting data into SimCorp offering deeper investment insights.

Hugues Chabanis, vice president, Innovation at SimCorp shares his view on the newly established partnership; “As we continue the disruption, started by SimCorp years ago, to improve STP on alternatives, the partnership with Accelex answers the growing demand from joint clients of SimCorp and Accelex who are looking for more standard integration between the two systems. It complements and augments SimCorp’s current offering by extending the scope of documents available while providing choice”.

The collaboration between our firms makes so much sense. Sophisticated alternative investors are striving to rid their firms of labour intensive, manual processes and focus their time on making a difference to the investment process itself”, said Michael Aldridge, president at Accelex. “Being able to effectively digitise the workflow from unstructured documents into SimCorp give our clients huge advantages in operational efficiency as well as a better understanding of the drivers of investment performance”.