Archive: September 30, 2021

Urban Planning is the Key to Pune’s Future Development

By Akash Pharande, Managing Director – Pharande Spaces

Urban planning is indispensable for sustainable development. The main idea behind urban planning is always a change for the better, to achieve this change with better use of municipal budgets, and to invest in future-ready infrastructure and citizen services.

It is not just about the growth of a city – it is also about protecting the environment amid growth, enabling economic progress, and providing current and future generations of citizens a more vibrant, healthy, and convenient living experience.

One significant aspect of good urban planning is the reasonable division of economic development in the city. Economic activity should not happen only in some parts of the city but across the territory, in accordance with the skill sets and requirements of hyper-local populations.

In a city like Pune, we see different kinds of industries and businesses distributed across the city. One of the major objectives of good urban planning is to ensure that local populations have ready access to the resources they need to carry on their livelihoods.

Therefore, urban planning is about better collaboration while also providing a more robust basis for cooperation between municipal authorities, private-sector companies, and citizens.

In the Pune Municipal Region and Pimpri-Chinchwad Municipal Corporation, the authority in charge of urban planning is the PMRDA (Planning and Development Authority for the Pune Metro Region). PMRDA has been at the forefront of driving the urban transformation of these two regions. It does so via a multi-faceted approach.

Driving organized growth

Going from past experiences with unorganized developments, it is certain that Pune must henceforth be developed in an orderly and scientific way. The city must be ready to predict and meet the needs of its citizens. This means improving its livability, helping citizens to earn their livelihoods, and ensuring it is well-connected to other key cities so that economic exchange is seamless and uniformly beneficial.

Preparing for the future

We are all aware of the problems Pune has been facing over the past few decades. There is a shortage of parking spaces, water distribution is not adequate to meet the needs of all areas, air pollution and traffic jams are enormous problems, and the core areas are congested and almost unliveable.

PMRDA is creating the necessary infrastructure and reducing the impact of past mistakes in urban planning – or rather, the lack of it. Another aspect of future-preparedness is digitizing all processes and records, ensuring a smoother flow of information and decision-making.

Appointing the right leadership

Above everything else, the leaders of urban planning authorities must work to improve existing processes. Even the most conscientious and hard-working committee members cannot make the necessary improvements if they lack proper training and background. Many urban planning functions these days are driven by technology and must be discharged by people with consummate knowledge and skills. One of PMRDA’s primary focus areas is to identify and empower leaders with such skill-sets and training.

Creating a timeline and roadmap for change

There are many deep-rooted problems with the way urbanization was carried out in Pune in the past. The damage caused by wrong decisions, bureaucratic red tape and corruption cannot be rectified overnight. PMRDA uses the correct approach of modern urbanization – first, identify the main problem areas, then formulate solutions, and finally implement these solutions in a workable time frame. Two good examples of such planning and execution in action are the Pune Metro and the Pune Ring Road, both massive undertakings requiring adequate planning.

Expanding Pune’s territory

Naturally, an integral part of urban growth is territorial growth. Only by expanding its borders can a city accommodate increased economic activity that enables prosperity for all stakeholders. Pune has already absorbed several previously rural areas into its urban framework. However, as we have seen, many of these areas still lack the necessary social and civic infrastructure to improve liveability and encourage economic growth. One of PMRDA’s most essential tasks is to ensure that Pune’s expanding borders do not result in infrastructure deficit in the newly-merged areas.

Make every citizen an active stakeholder in urban planning

Communication is an essential aspect of good urban growth. Citizens must be aware of what is happening in their city and why and how it is happening. In the past, the only way Pune citizens came to know about changes to their city was via limited information obtained from newspapers.

In this day and age, where most people own smartphones, the flow of communication can be hugely improved. PMRDA has made adequate communication via app-based technology a priority on its urban planning agenda. Citizens must be sufficiently informed of what changes are taking place in their city and how they will ultimately benefit.

To summarize

All change invariably sees opposition from those who benefit from things not changing. Unfortunately, this attitude has been a significant hurdle on Pune’s path of progress. The announcement that the PMRDA has been appointed as the authority to formulate Pune’s development plan (DP) has been highly politicized. However, Pune cannot afford to remain permanently in the past.

Progress requires change – and a forward-looking vision of how the city must evolve in the future. Let us empower and support the agents of change which will help our city to prosper and grow.

 

Akash Pharande

About the Author

Akash Pharande is Managing Director – Pharande Spaces, a leading real estate construction and development firm famous for its township properties in West Pune. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in West Pune.

Salasar Techno Engineering is on an expansion spree: aims to escalate workforce by installing one of the largest galvanising plant in India

New Delhi: Salasar Techno Engineering ltd – one of the largest steel fabrication and infrastructure companies in India is planning to install a new Galvanization plant, adding to grow their workforce by 5-7% in the next 6 months.

The company is looking forward to raising capex by the installation of the new Galvanization plant. This facility will have a galvanization capacity of 96000 Metric tonnes per annum. To expand the plant the company is capitalizing 50 Cr, which will be funded by the banks from internal accruals of the company.

Presently, Salasar has about 1900 employees and labour on our payroll and they hire contractors on a need basis as per project requirements. The hiring process is expected to start soon and the employees will be allocated to different teams associated with the projects.

Mr. Shashank Agarwal- M.D at Salasar techno Engineering Ltd “Finding the preeminent talents in any field is relatively challenging. We have the highest percentage of our workforce engaged in manufacturing and who understands and knows manufacturing. We are making sure that we hire the right people because we are building one of the largest galvanising plants in India”

Despite the second wave of covid and lockdown in the first quarter of FY22, the company retained revenue of 132.8 Cr and EBITDA was 14.7 Cr at a margin of 11.1%. They were able to take measures pre-emptively, accomplished orders at maximum efficiency right before the lockdown, and were able to pick up operations right after. The new Heavy steel division has also added to their success – ROB plant has received orders of 8400 tonnes, Value around 70 CRs.

Salasar Techno Engineering Ltd. incorporated in 2007 is a provider of customized steel fabrication and infrastructure solutions in India. It provides 360-degree solutions by carrying out engineering, designing, fabrication, galvanization, and deployment.

Salasar Techno Engineering Limited’s services include providing complete engineering, procurement, and control for projects such as Rural Electrification, Power Transmission Lines, and Solar Power Plants.

Skye Air & DroneAcharya under Flipkart Air consortium kicks off its drone based logistic transportation for delivery of vaccines in Telangana

New Delhi, 30th September 2021: Skye Air Mobility, as a part of the Flipkart Air consortium has kick started its delivery demonstrations for the Government of Telangana’s prestigious “Medicines from the Sky” Project. Like the earlier trial runs, these drone trials are being conducted in real-time with the delivery of real vaccines and medicines to hard-to-reach areas.

These BVLOS demonstration have started on 27thSeptember in Vikarabad, Telangana and shall continue till 3rd October, during which several healthcare related use cases will be showcased by the Flipkart Air consortium. The consortium comprises of Flipkart, Skye Air, DroneAcharya Aerial Innovations, Altitude Angel and Alternative Global (in partnership with Bagmo).

The consortium led by Flipkart Internet, would see Skye Air and DroneAcharya Aerial Innovations leading the operations.

Flipkart is the leading Indian e-commerce company, headquartered in Bangalore, Karnataka and have been significantly involved in innovating new business solutions.

Giving a detailed insight into the ongoing trials, Mr. Swapnik Jakkampudi, Co-Founder, Skye Air Mobility said, “It’s been a fabulous journey so far for us, Skye Air One has proven to be the most reliable drone in India by completing 125 deliveries in real case scenarios. We are very excited to partner with Flipkart and contribute in this beginning of a longer journey. In the next 1 week, we anticipate to complete over 60 deliveries and test multiple use cases in the healthcare sector.”

Mr. Prateek Srivastava, Founder & CEO of DroneAcharya, said, “Drone deliveries are going to revolutionize the ecommerce, healthcare and disaster response sectors as they increase the efficiency of last mile deliveries in terms of speed and accuracy through precision landing and delivery. Being an Indian company, this initiative is a major step in supporting the Atmanirbhar Bharat Abhiyan.”

About Skye Air: Skye Air is the leading drone delivery tech firm with base of operations in Hyderabad and New Delhi. Skye Air specializes in drone delivery solutions and its flagship drone, Skye Air One is the most reliable delivery drone in India within the small category.

About Dronacharya: DroneAcharya Aerial Innovations is a data – driven company, having expertise in Drones, Satellites and GIS. Specializing in carrying out drone surveys, data processing, web and mobile app development and training and consultancy, they have developed solutions across Govt. and Pvt. organizations.

Utkal University backed CII launches iDeathon M2M 2021

National – Centre for Innovation and Incubation incepted by Utkal University, one of the oldest universities in India (based in Odisha) announces the launch of iDeathon M2M 2021 for aspiring entrepreneurs to pitch their innovative business ideas. The selected start-up founders will get selected for Upakram Incubation Program to kick start their entrepreneurial journey with like-minded catalysts.

As part of iDeathon M2M 2021, the 3 best ideas will get a cash award from the incubation centre. In addition, the centre will also provide pre-incubation support to the best 20 ideas, prototype grants for best 5 ideas after Pre-Incubation. The start-ups with the most innovative ideas will also be connected to the centre’s expansive network of investors.

Delighted with the launch, Dr. Manisha Acharya, CEO of CII said, “Through iDeathon M2M 2021, we are looking for breakthrough ideas and handhold them from creating a powerful business model to a winning investor pitch. Additionally, Utkal University’s research lab and CII will play a critical role together in transforming a nascent stage idea to a full-fledged start-up with a go-to-market strategy.”

Commenting on the launch of the start-up launch pad program, Prof. Sabita Acharya, Vice-Chancellor, Utkal University said, “The Centre for Innovation and Incubation at Utkal University is giving a jumpstart to our Start-Up Incubation program through its maiden Ideathon program “iDeathon M2M 2021”. We have decided to pole vault our steps to quickly attain traction in our objective to position our Center as an epi-center of Start-Up activity in the state and entire eastern and north-eastern India.”

CII aims to promote and nurture the culture of Innovation and Entrepreneurship in new-age founders. To build a disruptive start-up ecosystem, the centre also announces the launch of the Upakram Incubation Program, a 6 months (24 weeks) game-changer Launch pad program for start-ups at the ideation stage. It gives entrepreneurs at the nascent stage the right platform to validate their idea and move forward to develop it into a marketable Minimum Viable Product (MVP) and viable business model.

Upakram Incubation Program focuses on providing necessary technical support, right mentoring and creating the right platform for networking, while preparing them for understanding the technical feasibility of the idea proposed. The program will also provide a one-month pre-incubation training to cover problem understanding and identification, idea generation, evaluation and validation, developing Business Model Canvas and structured inputs on ideation to implementation.

Furthermore, to have a go-to-market strategy in place, the pre-incubation training will also cover product-market fit analysis, market analysis (Know your market), customer analysis (Know your customer) and Revenue Streams. The start-ups will also get extensive support from CII mentors in developing a robust business plan out of ideas and fine-tuning of pitch presentationsto gain investors’ interest.

The registration for iDeathon M2M 2021 is open for Students, Innovators, Early-stage start-ups, Faculty, Research Scholars, individuals or team of up to 4 individuals in the arena of Agriculture, Food, Green Technology, Eco-Tourism, Herbal & Nutraceutical, Circular Economy, Renewable Energy, Rural Technology, IT & ICT, FINTech, Affordable Healthcare, EduTech and many among others.

The selection of the most innovative start-up ideas will be done by industry leaders, experts, Investors, officials from Govt forums including MSME/DST/Start-up council. The last date of registration is October 20, 2021 and the results will be declared on October 30, 2021.

The interested candidates can submit multiple ideas and apply for registration online by filling up this form https://forms.gle/7jyMpTUF5CDiUgXk9*.

About Utkal University

Utkal University is the oldest university in Odisha and the 17th-oldest in India. It is a teaching and research-cum-affiliating university located at Vanivihar over a sprawling 399.9 acres area in the heart of the capital city of Bhubaneswar. The University has territorial jurisdiction over 9 districts (Angul, Cuttack, Dhenkanal, Jajpur, Jagatsinghpur, Kendrapara, Khurda, Nayagarh and Puri), covering 24,973sq. kilometers and caters to the higher education needs of more than 110 lakh people.The University offers 27 full-fledged regular Postgraduate Programs and 17 Self Financing programs within the campus and has 200+ affiliated colleges covering Humanities and Social Sciences, Science & Technology, Commerce and Management, Pedagogical Science (Education), Medicine (including Ayurveda, Homeopathy) and Law. It has produced a large number of distinguished alumni belonging to all walks of life viz., Medicine, Law, Civil Services, Literature, Economics & Finance, Science,Politics, Journalism, etc. The University has been a Centre of excellence in higher education with a focus on innovative teaching, learning, research, consultancy and extension activities contributing to the building of a creative, enlightened and productive civil society.

About CII

CII at Utkal University has the potential and capacity towards positively contributing to the National objective of promoting Atma-Nirbhar Bharat by encompassing all the 5 Is of Intent, Inclusion, Investment, Infrastructure and Innovation by creating, promoting and sustaining an ambient eco-system.

The aim of the incubation centre is to promote and nurture the culture of Innovation and Entrepreneurship within Utkal University as well as other affiliated colleges of Utkal University in different part of Odisha. It is also aiming to review the research and technology by various Departments for incubation and spin-offs. CII aims to create a good number of quality Innovators and Entrepreneurs in due course of time. With the strategic locational advantage in Bhubaneswar and the brand value of being one of the oldest Universities in India, we can look forward to make CII a World class Incubation centre.

It aims to pioneer the start-up culture not only in the urban city corridors, but also among the less known but highly talented and motivated entrepreneurs of the rural hinterland.

SpiceJet makes it to the prestigious Skytrax “World Top 20 LCC” rankings

SpiceJet, India’s favourite airline has for the first time made to the prestigious Skytrax “World Top 20 LCC” rankings. SpiceJet was ranked 16th in the World Top 20 LCC category at the Skytrax 2021 World Airline Awards. SpiceJet also jumped 31 places to achieve the 88th rank in the “World Top 100 Airlines” ranking.

The World Airline Awards began in 1999 when Skytrax launched its first global, annual airline customer satisfaction survey. Over 100 customer nationalities participated in the 2019-2021 global passenger satisfaction survey where 13.42 million eligible survey entries were included in the final results.

SpiceJet has been innovating constantly to enhance customer experience while offering a safe and comfortable journey during the pandemic. SpiceJet was the first airline to introduce Zero Change Fee in March 2021. The airline had earlier introduced a COVID insurance cover including tests, medication and consultations upon testing positive for COVID-19. The airline also introduced SpiceJet Extra seat which allows passengers the option to book two or more seats to make their travel more comfortable and hassle-free.

A comprehensive book on “Augmented Reality” published by McGraw Hill

New Delhi: McGraw Hill released the first edition of the book, Augmented Reality, authored by Chetankumar G Shetty. The book not only caters to AR enthusiasts, researchers and developers but can also come in handy for undergraduate and postgraduate students, software professionals,technology learners, and all those interested in knowing about the subject.

The first edition offers a unique blend of the theoretical and practical aspects of the concepts of Augmented Reality. Written in a lucid manner, the text guides readers to understand the complex mathematical derivations and architecture used in developing AR applications. Replete with real-world examples and case studies, readers will get hands-on experience in programming, prototyping and implementation

Author of the book Chetankumar G Shetty said – “ I have spent a great deal of time in perfecting the manuscript. I believe that the book is potential enough to be a textbook for Bachelors/Masters in Augmented Reality. I am glad that the book project was continuously mentored by two pioneer scientists in AR – Mark Billinghurst and Kiyoshi Kiyokawa which helped in uplifting the quality of content.Seeing the continuous change in the AR world, I am sure upcoming editions of the book will contain much more exciting content.”

Here is a glance into the exhaustive coverage of the book:

· The book includes latest industry trends in AR, such as, Natural Feature Tracking, Mobile Augmented Reality

· Topics on computer vision & computer graphics usage in AR, and designing & developing mobile AR systems

· Integration of theory and mathematical aspects for developing AR app

· In-depth coverage of programming AR

Hence, this book is a one-stop-solution if you want to gain knowledge and expertise on the subject of Augmented reality.

About McGraw Hill:

McGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. We focus on educational equity, affordability and learning success to help learners build better lives. Headquartered in New York City, McGraw Hill has offices across North America, Asia, Australia, Europe, the Middle East and South America, and makes its learning solutions for higher education, test preparation, professional and others, available in more than 80 languages.

Huawei’s AppGallery & Keypoint Technologies Collaborate

Huawei’s AppGallery & Keypoint Technologies Collaborate to offer the World’s First AI-Powered Multilingual Keyboard Experience in the Middle East & Africa

Keypoint Technologies’ Xploree AI Keyboard is a smart keyboard that supports 180+ languages and is all set to go global with Huawei’s AppGallery

New Delhi, 30 September 2021: As a part of its “Grow Global Together” initiative, Huawei’s AppGallery, the third-largest marketplace globally, after a year of collaboration with Keypoint Technologies in India, is all set to take its AI product, Xploree Keyboard, to the overseas markets. The AppGallery will help Xploree to expand its global presence across Middle East and Africa region, which will empower its users along with 3 million Indian expatriates to communicate in their own preferred languages.

Huawei has a strong presence in Africa and the Middle East region, with the new AI-powered keyboard that supports over 180 global and 49 Indic languages, the Xploree keyboard will give the AppGallery users the choice to chat their loved ones in their local language.

As the world’s first AI-powered multilingual mobile keyboard application, Xploree keyboard understands user’s intent/ interest and recommends useful content in real-time. The keyboard application also supports features like transliteration and translation. Apart from its vast language support system, Xploree AI Keyboard leverages Natural Language Processing & AI to decipher intent from a conversation context in a non-intrusive manner.

Commenting on the collaboration, “Mr. Lu Geng, Vice President Middle East and Africa, Huawei Global Partnerships & Eco-Development said, “We are looking forward to aiding Keypoint Technologies’ global expansion through our “Grow Global Together” Initiative. Keypoint’s Xploree AI keyboard will allow us to introduce a new interesting and inclusive way of communication to our Middle-East & Africa AppGallery users. This partnership signifies our efforts to boost a diverse mobile ecosystem for global users. We remain committed to offer more opportunities enabling an environment where everyone has an opportunity to thrive and reach global markets.”

To create a holistic mobile ecosystem that transcends geographical barriers, the AppGallery is working with all the key global, regional and local applications to expand its global footprint. The “Grow Global Together” initiative would further diversify Huawei’s existing app portfolio of over 2.3 million registered developers and offer a range of cross-border applications to its users.

Commenting on the association, Nutan Chokkareddy, CEO of Keypoint Technologies said, “Through our partnership with the Huawei’s AppGallery, Xploree AI Keyboard is all set to achieve a global presence and go beyond India. We are committed to helping our partners deliver the best user experience at the right moment and empower millions of people to communicate in their own language. The partnership will significantly boost our ability to scale new heights in the international markets very soon and empower more people to embrace their local languages.”

Xploree AI Keyboard is the first keyboard to have Smart Themes, which provides real-time intent and context mapping with relevant information, thereby shortening the user fulfilment journey. It empowers users with a more augmented messaging experience in their desired language.

With the utmost importance on privacy and cybersecurity, the AppGallery is a trusted platform where every app goes through four major types of tests to ensure they offer 360- degree security to the user.

realme Debuts Consumer Appliances Range on Flipkart Ahead of The Big Billion Days

Bengaluru – September 30, 2021: Flipkart, India’s homegrown e-commerce marketplace, today announced the launch of the brand new realme TechLife Washing Machine range ahead of The Big Billion Days 2021. With the launch of its washing machine lineup on Flipkart, realme marks its entry into the large consumer appliance segment. The realme range of washing machines is equipped with intelligent features that include smart sensors, Fabric safe wash, 150W powerful motor, In-Built Heater and IPX4 water-resistant panels. The new range seeks to offer a bigger capacity (7.5kg) with robust features at a budget price. The washing machine range will be priced starting at Rs 12,990 and will be available on Flipkart from September 30.

With the rise in demand for smart home appliances in the work-from-home era – bigger capacity, low decibel wash, improved hygiene and smart sensors became the vital factors that influence the purchase decisions for consumers. The unique and useful wash cycles such as Fabric safe wash and Power Foam wash on the realme range of washing machines ensure that these consumer needs are met – while saving time and ensuring that even delicate fabric is handled with care.

Speaking about the launch, Hari G. Kumar, Vice President, Large Appliances at Flipkart, said, “We are excited to announce realme’s foray into the large consumer appliance segment on Flipkart. Over the past year, we have witnessed increased consumer demand for affordable smart home appliances from metros and tier 2 cities. As consumers plan their festive shopping, we want to ensure that they have the widest range of choices across specifications, variants, and design options to choose from. With the first-ever realme TechLife Washing Machine, we hope to deliver multifunctional and smart experiences to our customers.”

Commenting on the launch, Mr. Madhav Sheth, Vice President, realme and CEO, realme India, Europe & Latin America, said, “Under our realme TechLife, we are focusing on products that make for a robust ecosystem, and we are extremely proud that owing to our sustained efforts and the support our fans bestowed upon us, we are entering the consumer appliance segment with the launch of ‘realme TechLife Washing Machine’ range. We understand the requirements of our consumers and have led the market disruption in various categories like smartphones, TVs, AIOT devices, etc. and now, we want to disrupt the consumer appliance segment. ‘realme TechLife Washing Machine’ is also a special way of saying ‘thank you’ to millions of our loyal fans this festive season who have trusted and supported us since our inception. We also express our gratitude to Flipkart for their support in launching our ‘realme TechLife Washing Machine’ on their platform.”

Some of the key specifications include:

Feature Description
Powerful wash
  • Durable & Efficient  Motor
  • Tidal Wave drum
Smart Technology
  • Fully Automatic
  • Smart sensors
  • Fabric safe wash
  • Power foam wash
  • Compact Cabinet
Water resistance
  • IPX4 water-resistant and shockproof panel

These fully automatic washing machines come in two capacities of top load variants.

Yabx expands its Operations and Service Offerings as Digital Lending gains momentum in Africa Region

New Delhi: Yabx, a fintech venture offering credit products across 12 countries in Africa announced the appointment of Eunice R. Gatama as Director for Africa Business. This comes as a strategic decision by the company which is aggressively expanding its market share in the digital lending space in Africa. Delivering some of the best performing portfolio returns for its partner banks, Yabx has witnessed significant momentum in its existing lending portfolios. With partnership agreements signed with leading Banks and Wallet Operators in several East, West and Central African countries, Yabx is poised for market expansion and launching new service offerings to cater to customer needs.

Incubated by Comviva Technologies, a global leader in digital financial services, Yabx aims at simplifying financial access to new-to-credit customers and MSMEs in Africa by providing financial access to the underserved. It leverages technology and analytics to reduce the cost of delivering financial services, thereby bringing banking services to the underserved. The company has established strategic partnerships with leading banks, microfinance institutions, e-Commerce players, payment gateways, credit bureaus, mobile financial services providers, mobile network operators and handset manufacturers in the region. With a greater focus in Africa, Yabx plans to capitalize on the booming digital payments and e-commerce market.

Moreover, the newly appointed Director for Africa Business at Yabx, Eunice brings with her over 15 years of relevant experience in Banking. Eunice has worked with NCBA Bank Kenya and a leading mobile network operator, Safaricom PLC with core focus on Digital Financial Services. Over the years, Eunice has played an instrumental role in various projects to deliver strategic products. Recently, she led the delivery and scaling of FULIZA M-PESA, which has outdone its projected performance and bagged many local and global awards. She was also incharge of loans and savings products as well as data monetization at Safaricom Financial Services (M-PESA) team.

Eunice is passionate about Digital Financial Inclusion. She was part of the team driving the agenda for Connected Women, aimed at reducing the gender gap in mobile internet and mobile money services, similar to Vodafone’s M-Woman program and GSMA’s Connected Woman initiative.

A graduate from the United States International University–Africa in Bachelor of Science in Information Technology and Networking, Eunice also holds a Micro Masters in Digital Product Management from Boston University.

Speaking on the expansion plans, Rajat Dayal, Founder & Chief Executive Officer at Yabx said, “Africa continues to be the mainstay of our business as we have a comprehensive understanding of the land in terms of the credit ecosystem. I am extremely happy to have Eunice onboard with us to fuel the next level of growth for Yabx in Africa. She has hands-on experience of launching and scaling up the largest digital credit product in Africa. Her extensive knowledge and experience in the mobile financial services domain will further boost our growth in Africa region.”

“I am excited to join Yabx, one of the leading Fintech in digital lending space. It’s a moment of pride to be associated with a company which promises to simplify financial access to unbanked customers through digital lending offerings. With its strategic focus in the Africa region, we shall continue to seek strategic partnerships aimed at disrupting the market with innovative digitally led financial products,” added Eunice R. Gatama on her appointment.

About Yabx

Yabx aims at simplifying financial access to over two billion unbanked customers and MSMEs in the emerging markets of Latin America, Africa, and Asia, and Latin America.

Yabx offers a platform to enable digital lending, merchant and MSME financing, buy-now pay-later (BNPL) products, where they help banks and financial services organizations underwrite the customers using alternate data. The company leverages technology and analytics to reduce the cost of delivering financial services, thereby bringing banking services to the unbanked. This is achieved through strategic partnerships with leading banks, microfinance institutions, credit bureaus, mobile financial services providers, mobile network operators and handset manufacturers.

Incubated by Comviva, a global leader in mobile financial services. Yabx is led by a team of industry experts and entrepreneurs and currently operates out of The Hague, New Delhi, Bogota and Nairobi.

Fiber broadband: a lifeline for all the modern-day gamers!

Online games have indeed come a long way in India, they have evolved and advanced over the years. With the market witnessing a tremendous growth in the last couple of years, the community noticed a spike in both the number of gamers as well as user engagement levels, from about 250 million gamers at the end of FY18, the numbers of gamers in India grew close to 400 million by the mid of FY20, making India the second largest base of online gamers in the world after China.

Owing to its growing popularity in the country, people’s archaic opinions linked with the activity have also altered, people are now considering it as a great recreational activity that also helps in building an individual’s emotional quotient. Many studies suggest that an hour of gaming helps increase hand-eye coordination and increases the ability to work and perform tasks better under pressure. However, a gaming experience can only be stress free if the stability, speed and latency of your internet connection is optimum. Stable internet acts as a key pillar of the whole experience and a botchy streaming service makes the gaming experience less desirable, making fiber internet services from companies like Excitel an important part of any gaming-related set-up.

For every gamer, fiber broadband is a key that enables superior gaming experience. The idea of symmetric internet coupled with that of affordable high speed broadband plans makes the idea of gaming with your friends online a seamless experience. The connection provides minimal network latency which is critical for ensuring real-time operations while gaming online. The longer the delay, the greater the distortion. Less latency is integral in all multiplayer games like DOTA, Call of duty and other online multiplayer games.

Your gaming experience will be awful if your broadband connection is not strong enough to sustain multiple updates and the high memory requirement. When it comes to fiber broadband service providers that cater to the community, Excitel also offers a high speed broadband plans that are tailored to meet with the requirements of online gaming with a download and upload speed of 300 Mbps coupled with no-data limit at an affordable rate.