Archive: December 7, 2022

Punjab National Bank bags TWO awards at the IBA Technology Conference, Expo & Awards

New Delhi, December 2022:  Punjab National Bank (PNB), nation’s leading public sector bank, won two prestigious awards at the 18th Annual Banking Technology Conference, Expo and Awards 2022. At the conference following the theme of “Future of Digital & Analytics in Banking”, PNB was felicitated with the runner-up award for the Best Fintech Collaboration and a special award for Best AI & ML Bank.

The award was received by Shri Atul Kumar Goel MD & CEO and Shri Hemant Verma (CGM, IT) of Punjab National Bank in the presence of Chief Guest Shri Ajay Kumar Choudhary (Executive Director, RBI), Shri Sunil Mehta (Chief Executive, IBA) and Shri Gopal Murli Bhagat (Dy. Chief Executive, IBA).

The awards function attracts Best Technology Providers in the Industry and recognizes banks for demonstrating their state-of-the-art innovative products. It also provides a platform for the country’s banks to explore the latest banking technology innovations.

MyShubhLife introduces the next-generation SaaS-based Fintech operating system

Bengaluru, December 2022: MyShubhLife, India’s next-generation digital lending and full-stack financial service & saving platform, introduces its end-to-end API & SaaS-based integrated platform to run an entire lending business digitally. The suite facilitates different facets of lending, including Onboarding (Digital Identity & KYC), Loan Management, Debt management (collections), operations and access to consumption platforms (Cards, UPI etc.). The technology stack meets the RBI’s digital lending criteria.

The platform includes 12+ services across four different sub-modules, award-winning Credit & Underwriting, Embedded Sourcing, Documentation Compliance, and Loan Management, and the whole gamut of Lending requirements onto a single platform. The scalable, flexible, and robust technology platform empowers lenders to reduce their time to market, service their customers and monitor their loan portfolios, all while reducing risk and maintaining compliance.

With this, MyShubhLife is opening its core technology to the ecosystem to enable lenders to launch digital lending products digitally rapidly.

Explaining the strategic intent behind this approach, Rahul Sekar, Chief Technology Officer of MyShubhLife said, “Over the last six years, MyShubhLife has been the trusted partner to several enterprises and Banks. We’ve been investing in technology to create interesting lending-related tech modules. Consider our Credit underwriting module and sophisticated credit engine, which are outfitted with cutting-edge technologies, analytics, and disruptive tools such as AI and machine learning, allowing us to complete more tasks in less time and with greater accuracy than a legacy loan management system.

MyShubhLife’s architecture is built on scalable technology and modular infrastructure, making it easier and faster to implement and integrate our platform with any lender’s existing technology infrastructure. Our product development team has created 25+ configuration parameters that can be used to customize hundreds of loan journeys and products. The scope ranges from secured home loans to unsecured daily installment loans and overdraft accounts. We will stay true to our vision and continue to add new APIs because we believe that a pre-integrated platform puts lenders miles ahead of the competition.”

“MyShubhLife’s truly modern platform enables digital lenders to focus on their core lending business, with access to the latest acquisition, underwriting technologies, ready-made loan servicing software and portfolio benchmarking. With the power of these integrations built in, we believe that MyShubhLife has emerged truly as the ‘Tech’ of the Fintech Ecosystem.” he further adds.

MyShubhLife operating system empowers marketplace lenders to bypass costly tech buildouts, minimize IT infrastructure, and accelerate growth. The company has already started running pilots across four cohorts of customers, including Banks, Fintechs, large technology companies with lending ambitions and traditional lenders.

MyShubhLife aims to account for 50% of its total revenue on Lending API Infrastructure within the next 12 months.

Milind Soman—the OG supermodel of India who now pushes the boundaries of endurance—in an exclusive interview with ZeeZest.com for its December 2022 digital cover!

National, 7 December 2022: Milind Soman, a name that needs no introduction. A fitness enthusiast, leading model, and actor, he continues to be an inspiration for anyone and everyone, fitness addict or not. 

An unexpected encounter led to Milind giving the nod to be ZeeZest.com‘s Digital Cover Star for December 2022 and giving an exclusive interview. 

Over two days, in the exotic location of the Maldives, at The Residence Dhigurah situated on Kooddoo Island, ‘Ultraman’ Milind Soman spoke about himself, the various journeys in his life, his goals, and of course, his love story with wife Ankita Konwar. Be it his curious conversation with Narendra Modi where Milind self-admittedly could not stop talking while the Prime Minister listened, or sharing his thoughts on love and that “the greatest love stories come from struggle,” Milind’s interview on ZeeZest.com is nothing short of intriguing, filled with anecdotes from the various chapters of his life. And amid all of that, not once did he compromise on his daily fitness routine, even while shooting across four different locations. 

Talking about an unexpected call from the PMO and his meeting with the Prime Minister of India he shares, “I was very impressed when a busy person like the PM can take time out to meet someone without any specific agenda. That is being really organized, that’s how I see it. It’s kind of embarrassing as I realized most, I spoke, and he listened. I even asked him if he wanted me to stop, and he said he was happy to listen to me. I remember speaking to him about how we can promote indigenous sports in India instead of focusing only on Olympic sports. We obviously connected on yoga and Ayurveda, which are close to both of us.” 

ZeeZest.com’s digital cover shoots, shot exclusively by celebrated photographer and lifestyle influencer Atul Kasbekar, are an endeavour to interact and engage with lifestyle audiences on digital mediums of their choice. Featuring diverse celebrities, the glamorous photoshoots capture the many moods, passions, and aspirations of movers and shakers of influence today. 

As one of the digital media leaders in the country, ZeeZest.com is a millennial-friendly platform featuring some of the biggest celebrities such as Kate Winslet, Emma Corrin, Farhan Akhtar, Manoj Bajpayee, Prateek Kuhad, Ali Fazal, Vir Das and bringing their fans up, close, and personal to their icons. 

Talking about being the Digital Cover for ZeeZest.com, Milind Soman says, “I usually don’t do a lot of editorial shoots, but when I do it has to be something special, exciting, and fun. Then this opportunity with Zee Zest presented itself to shoot in the Maldives, and who wouldn’t like to shoot in the Maldives! The Zee Zest Digital Cover Shoot lived up to my expectations and was a great experience.”

Launched in 2021, ZeeZest.com is a unique lifestyle and entertainment website that binds its viewers by helping them discover, engage, and fulfill the thirst for homegrown and international content across six diverse lifestyle pillars: Travel, Food, Health, Fashion & Beauty, Culture and Homes. As a multiformat website, ZeeZest.com has over 4.5 Mn monthly active users, along with an average of 12.5 Mn monthly page views. With diverse content formats, ZeeZest.com has emerged as an authority on living the good life.

How apna helped Khush in establishing his online business

Where there’s a will, there will always be a way! It’s one of the common adages we’ve heard, but only a few follow it wholeheartedly. The story of Bihar‘s Khush is one such; as the world grappled with Covid- 19, and people struggled to manage their daily expenses, Khush saw it as an opportunity to start a business that was long overdue. He researched about various online platforms to get an idea of how online businesses work. He saw how so many people were making money by reselling goods from online e-commerce platforms. So, he decided to start a reselling business through apps like Meesho and Glowroad Shop 101 which enable sellers to provide a country-wide delivery with no headache of maintaining an inventory.

As he understood the process, he began his own business and named it ‘Khush Online’. He thought that his dream was turning into a reality but the future had something different in store for him. Even after his tireless efforts, he was unable to garner any customers. This weakened his determination to do something big on his own. After trying to attract customers online for a month, when he was about to give up, he thought of testing for the last time and started talking about his business in the neighborhood. However, everyone had their own apprehensions when it came to online shopping, not through a reputed e-commerce firm. Nobody showed any interest in buying things from him and when he finally got his first order of a t-shirt, the customer received a torn one. This left him dejected and he stopped putting in effort for a few days.

However, he did not give up on his dream of establishing his business and decided to begin again. That’s when he heard about the apna app and its community engagement services and decided to sign up for the app. He used the community engagement platform in a novel way to advertise his products and gain customers.

While he did not get many customers in the beginning, to his surprise his business took off really well in a matter of a few months. In no time, he made a Whatsapp group and shared its link on Apna’s feed through which many apna users joined and ‘Khush Online’ received plenty of orders. At present, Khush online is run by a team of 5 members and is operated through several shopping groups on Whatsapp and Telegram. While Apna has been a go-to platform for job seekers and has given wings to a million dreams, Khush taught and inspired everyone that apna is not limited to hiring or getting hired. Such stories demonstrate that one should keep putting constant efforts to achieve their goals and they would find multiple opportunities, just like Khush did.

Abhijeet Adurkar joins as Hotel Manager at The Resort

Mumbai, December 07, 2022: The Resort, Madh-Marve in Malad is pleased to announce the appointment of Abhijeet Adurkar as its Hotel Manager. Abhijeet brings with him extensive experience of over 14 years in the hospitality industry. His key role at The Resort will be to overlook all operations at the hotel and ensure that it continues to deliver the highest level of guest satisfaction.

Before joining The Resort, Abhijeet was General Manager at Yauatcha Mumbai. Prior to this, he has worked with Le Méridien Resort and Spa in Mahabaleshwar, Courtyard by Marriott in Surat, Ritz Carlton in Riyadh, JW Marriott Hotel Mumbai Sahar as well as JW Marriott Juhu, Mumbai, and JW Marriott in Aerocity, New Delhi.

His passion for service and building new relationships attracted Abhijeet to the hotel industry. His strength lies in developing new ideas and concepts, and innovative and creative ways to improve service standards and values to delight guests. An ardent believer of teamwork and a result-driven individual, Abhijeet looks forward to adding value to all operational departments to drive the hotel’s continuing success to the next level.

Abhijeet holds a Bachelor’s degree in Hotel Management from the Institute of Hotel Management Catering Science, Dr. D.Y.Patil, Navi Mumbai.

Contentstack Commits Equity to Fund Future CSR Initiatives through Pledge 1%

Mumbai, December 7, 2022 – Contentstack, the Content Experience Platform (CXP) category leader and composable architecture pioneer, today announced the conclusion of a year of giving through its Contentstack Cares Corporate Social Responsibility (CSR) program by setting aside 1% of its annual revenue in the form of equity through Pledge 1%. The value of this equity will grow with the company and fund future Contentstack Cares initiatives through a dedicated Foundation.

Since taking the pledge in 2018, Contentstack has made time and product commitments as well as a series of charitable donations. CEO Neha Sampat and CTO Nishant Patel will join other Pledge 1% “Builders” at the Giving Tuesday Nasdaq Bell Ringing on Giving Tuesday to celebrate the expanded partnership.

“We’re excited to add equity to our Contentstack Cares mix,” said Sampat. “One of our core values is that ‘we care deeply about our customers and the communities we serve.’ For us, that’s not just a value, but a way we live and work. We have worked hard to build a culture of caring and it is one of the things I’m proudest of as CEO.”

Pledge 1% is a global movement to inspire, educate and empower companies to effectively leverage their financial assets for positive social impact. It encourages companies of all sizes to donate 1% of their time, product, profit, or equity to any charity of their choice.

In addition to the Pledge 1% commitment, here are some examples of how Contentstack has brought their Contentstack Cares initiatives to life over the past year:

• Partnered with Phin for Good on Giving Tuesday and Earth Day to donate over $9,000 to various charities as chosen by employees.

• Hosted Contentstack Cares Day, an annual day off for volunteering. 106 employees participated on March 25 to help do everything from packing boxes for their local unhoused population to working with organizations supporting Ukrainian refugees.

• Participated in America’s Turkey Trot virtual race, which raises money for World Central Kitchen. Thus far, Contentstack employees have raised over $2,000 for this year’s race. Sampat and Patel, the founders of Contentstack, have vowed to match up to $2,500 of the money generated from employee sign-ups.

• Raised over $75,000 to support a charitable trust in India to feed and provide PPE for over one million migrant, displaced workers at the height of the pandemic. At a time when vaccines were not readily available, the company organized a COVID-19 vaccine drive distributing 1,000+ vaccines in the Virar-Vasai region where many members of the team and their families live.

• Designed a new website for The Milligan Foundation, an organization providing relocation and transportation resources for domestic violence victims; revamped the website and produced a highlight reel for Partnerships for Children, non-profit supporting CPS caseworkers and foster children in Central Texas.

“We like to give back and have fun doing it,” added Sampat. “One of my favorite things is seeing all the ways people give back in their unique and creative ways in our Contentstack Cares Slack channel. Some clean up their neighborhood parks and others volunteer in nearby refugee housing centers.”