Tag: CEO and Founder

Technology

SiMa.ai Unveils Palette™ SDK 1.3 for Superior ML Development

Jun 18, 2024 by Sujata Muguda 0 Comments #BENGALURU, #CEO and Founder, #Mr. Krishna Rangasayee, #SiMa.ai, #SiMa.ai Unveils Palette™ SDK 1.3, #SiMa.ai's Machine Learning System-on-Chip, #Superior ML Development, #the software centric

Bengaluru, June 18, 2024: SiMa.ai, the software centric, embedded edge machine learning system-on-chip company, announced the latest release of its Palette™ SDK (version 1.3), bringing several enhancements designed to streamline the machine learning (ML) developer experience. This release marks a significant step forward in making ML application development more accessible and efficient for developers worldwide.

Palette is a low-code, command-line environment designed for ML application development on SiMa.ai’s Machine Learning System-on-Chip (MLSoC) silicon. It supports the entire application pipeline, from creation to deployment, in minutes using Python scripting. It facilitates auto-partitioning and compilation across the MLA and Quad-core Arm Subsystem with integrated cache. Additionally, developers can integrate C/C++ host applications, libraries, or functions using C/C++ APIs to quickly achieve a cohesive production environment.

With Palette 1.3, SiMa.ai enhances its C++ APIs, improving integration of the MLSoC platform into existing C++ applications. New features include acceleration pipeline status updates and enhanced error reporting, offering increased trace and debug visibility, simplifying the porting of C++ applications using HOST + GPU/Accelerators.

Palette 1.3 also introduces int16 quantization, enhancing precision for hard-to-quantize models. This feature balances precision and computational efficiency, ideal for applications with moderate memory and computational constraints. Developers can start with int8 quantization, assess accuracy using various calibration methods, and switch to int16 quantization if int8 metrics are insufficient, fine-tuning calibration parameters for optimal performance.

Mr. Krishna Rangasayee, CEO and Founder, SiMa.ai commented, “At SiMa.ai, our goal is to support developers at every stage of their ML journey. We continuously add new functionalities, scripts, and models to ensure a seamless and effortless developer experience. With Palette 1.3, we are excited to further empower developers in accelerating their application pipelines at the edge.”

Technology

Cashfree Payments expands its MENA presence through investment in UAE-based Payment Gateway, Telr

Nov 30, 2021 by Rekha Nair 0 Comments #Akash Sinha, #Cashfree Payments, #CEO and Co-founder, #CEO and Founder, #Khalil Alami, #Telr

Bengaluru/Dubai, 30 November 2021: Leading payments and API banking solutions company, Cashfree Payments (Cashfree) announced an equity investment of $15 million in Telr, a leading Payment Service Provider (PSP) in UAE and Saudi Arabia. With this investment, Cashfree becomes one of the largest shareholders in the company.

Cashfree has already established itself as one of the leaders in the payment solutions space in India, with successful operationalization and scale-ups of industry-first solutions. Moreover, this strategic investment in Telr, will enable the company to launch its distinctive offerings in the MENA region utilizing Telr’s strong presence and payment infrastructure. In addition, Cashfree and Telr aim to develop a unified cross-border payments platform that would help Indian merchants accept payments from customers in the MENA region and vice-versa, via a single integration.

Telr, the UAE based award-winning payment gateway solutions provider, offers a unique platform that enables handling payments in over 120 currencies and 30 languages with the highest level of security. Through a single integration, Telr grants access to every payment method it offers, including Visa, Mastercard, American Express, UnionPay, Apple Pay, PayPal, SADAD, Mada and STCPay.

With its one-stop mindset, Telr extended its services even further, offering a complete solution for the ecommerce world, covering a wide range of financial and business services including, social commerce, QR Codes, digital invoicing, Telr Buy Now Pay Later (BNPL) in collaboration with Tabby, Telr Finance in collaboration with LNNDO, a merchant financing program, and Telr Shops the easy-to-use tool for creating an online store in minutes.

The investment is highly significant for Cashfree as the MENA region offers a large, attractive and growing online market, with payments representing the highly developed sub-sector within the region’s fintech space. The MENA region is witnessing a continuous transition towards cashless transactions, with traditional brick-and- mortar businesses moving towards expanding online offerings. The e-commerce businesses are also witnessing a drastic shift from high street to online shopping and this trend is expected to grow even more.

Akash Sinha, CEO and Co-Founder, Cashfree Payments said, “We are elated with the strategic investment in Telr, which aligns well with our aspiration to be the leader in the rapidly evolving digital payments space in the MENA region and overall global expansion goals. Telr’s trusted presence and significant operations in the MENA region provides us an exciting opportunity. We are grateful to our key institutional investor Apis for helping us source and execute this strategic investment. We look forward to nurturing our partnership with Telr by leveraging our learnings and experience from the Indian market and enhancing our reach in the MENA region by introducing novel offerings.”

Khalil Alami, CEO and Founder, Telr said, “We are excited about this new investment into Telr. Joining forces with Cashfree Payments will further enable us to continue on our innovation and growth journey. Our offerings and partnerships aim to assist in reaching an integrated e-commerce ecosystem supporting the UAE in its transition into a cashless economy; and contributing to the KSA vision 2030. In short, this combined effort will translate into greater benefits for our customers and the markets we operate in.”

With over 50% market share among payment processors, Cashfree today leads the way in bulk disbursals in India with Cashfree Payouts. Recently, India’s largest lender, SBI invested in Cashfree underscoring the company’s role in building a robust payments ecosystem. Cashfree works closely with all leading banks to build the core payments and banking infrastructure that powers the company’s products and is also integrated with major platforms such as Shopify, Wix, Paypal, Amazon Pay, Paytm and Google Pay. Apart from India, Cashfree products are used in eight other countries including the USA, Canada and UAE.

Education, News

EdTEch platform BeyondSkool onboards IIM alumnus Nimit Jaiswal as Chief Growth Officer

Aug 13, 2021 by Rekha Nair 0 Comments #BeyondSkool, #CEO and Founder, #Chief Growth Officer BeyondSkool, #Nimit, #Nimit Jaiswal, #Payal Gaba

New Delhi: BeyondSkool, an EdTech platform focussing on IQ, CQ and EQ in children, announced Nimit Jaiswal as the Chief Growth Officer. In his new role, Nimit is responsible for the company’s growth and brand strategy.

He is a young growth expert with more than seven years of experience in marketing. Nimit has been instrumental in large scale launches and long-term brand creations from scratch. His achievement includes generating over Rs 60bn revenue for his previous organizations. He is known for driving large teams towards a common goal and keeping the momentum and motivation high during that journey.

Talking about his new role at BeyondSkool, Nimit Jaiswal, Chief Growth Officer BeyondSkool, said, “BeyondSkool has a potential to touch the lives of millions of people across the world. BeyondSkool is about transformation and unlocking human possibilities from a very small age. In my role, I want to explore as many geographies, business channels, and customer segments as possible. The goal is to make BeyondSkool a go-to academy for every parent who wishes more out of life for their children.”

Talking about onboarding Nimit, Payal Gaba, CEO and Founder, Beyondskool said, “Nimit is a result-oriented leader who comes with a deep understanding of business growth and data-driven marketing. We are thrilled to have him as part of BeyondSkool’s leadership team. He will focus on building and implementing our business growth strategy and broaden our brand reach in India and international markets.”

With MBA from IIM Bangalore, Nimit has worked with companies like Xanadu, Lodha Group, and ZS Associates in the past. Before joining BeyondSkool, he was working with Helppo as a founding member and the head of product and marketing.

Business World, News

Indus Valley launches 100% Organic Hair Colour and Spa with essential oils

May 25, 2021 by Rekha Nair 0 Comments #CEO and Founder, #Indus Cosmeceuticals Pvt Ltd, #Mr. Arya

New Delhi: Indus Valley which delivers a wide range of organic, damage- free and natural products to its customers has launched its 100% organic Hair colour and Spa with Essential oils package priced at Rs. 1199.

Indus Valley 100% organic Hair colour and Spa promises triple exuberance of hair colouring, prevention of further hair graying and superior hair maintenance. Packed with all natural and organic ingredients it colours, treats and repairs damaged hair without exposing them to even a tinct of chemicals.

Commenting on the launch Mr. Arya, CEO and founder, Indus Cosmeceuticals Pvt Ltd, said, “The 100% organic Hair colour and Spa has been launched after diligent quality testing and control. With the promise to provide the best to our customers, the product is made with 15 handpicked and botanical herbs with no synthetic chemicals and fragrances. It is also vegan and cruelty free. “

Filled with paragon organic ingredients like castor oil and sesame oil the hair colour bestows a holistic and a luxurious spa experience by increasing blood circulation to the hair and moisturizing your scalp. Loaded with essential oils it helps to nourish the hair roots, soothes hair follicles, stimulate hair growth, clean the scalp off dandruff and control oil buildup to maintain a healthy scalp.

The brand believes in cultivating purity from the very beginning, hence has permeated its product with organically grown and hand-picked natural ingredients, devoid of synthetic pesticides and fertilizers. The product only contains organic preservatives for packaging and has no synthetic fragrance. The product will be available e-commerce platforms like Amazon, 1mg, Flipkart, Nykaa, Snapdeal, Paytm Mall and Myntra.

The colour pigments of the product stick only to the outer layer without bleaching away the natural pigment of hair and providing a soft, gentle, natural and durable conditioning effect without damaging the hair structure or depleting the hair shine. 100% Organic Hair Colour and Spa is tested by multiple reputed international health agencies and has been certified as “Organic”. It is also a Dermatologists’ favourite as it carries no deadly side effects and does not cause any permanent damage to the hair shaft.

Business World

21K School – An Online School Introduces IGCSE Program in collaboration with Nisai Group, UK

Feb 24, 2021 by Neel Achary 0 Comments #21K School, #CEO and Founder, #Dhruv Patel, #Nisai Global School, #Nisai Group, #United Kingdom

21K School – India’s first online school, announced their partnership with Nisai Global School, United Kingdom. The collaboration will witness the commencement of British Curriculum for grades 6th to 12th with effect from 1st March 2021.

The course structure will comprise of online IGCSE program for 6th to 10th grade wherein foreign teachers will conduct the live classes online with an average class size of 1:8. Besides this, the program will be beneficial for grade 11th and 12th as this will give them an opportunity to graduate with IGCSE and grade AS-A level qualification.

“We are delighted to partner with Nisai Group and believe that joining forces with them will take us a step closer towards contributing to the Indian education industry by bringing secondary and higher education in the concept of online schooling. The programs will ensure overall development of the students through co-circular activities and leadership opportunities.” said Yeshwanth Raj Parasmal, Co-Founder & Principal Director, 21K School.

He further added, “As we know, A level qualifications are by far the most popular and effective route for anyone wanting to go to university, this will come as an added advantage for levels 11th and 12th besides being associated with a Cambridge program.”

Dhruv Patel, CEO and Founder, Nisai Group commented, “We are extremely contented to be associated with India’s first online school. We believe this is an opportune time for us to expand our horizons in India, and we look forward to working collaboratively with 21K Schools to take a step forward in secondary and higher secondary education.”

The curriculum will include three different types of learning solutions – Homeschooling, Secondary Education and Vocational and Professional Education – catering to the different needs and demands of the target audience.

Presently, 21K School offers the National Curriculum to over 300 students from Nursery to Grade 5 across 25+ cities in India and abroad. The international programs in association with Nisai group would be available in India from April for lower secondary and enrolments will begin from March for a start in September for higher secondary.

Business World

Housejoy to offer at-home salon services in partnership with salon brand Naturals

Feb 22, 2021 by Neel Achary 0 Comments #C K Kumaravel, #CEO and Founder, #co-Founder, #Founder, #Housejoy, #Naturals, #Naturals and Veena K, #Sanchit Gaurav

Bangalore: Housejoy, a leading tech-driven company catering to all home related needs of Indian consumers including beauty, construction, maintenance, renovation and interiors, has entered into a first-of-its-kind, exclusive partnership with India’s no. 1 hair and beauty salon, Naturals. The partnership will enable the brand to offer best-in-class services to its ever-growing customer base and also increase its reach across cities.

Under the tie-up, Housejoy and Naturals will provide salon-at-home services for women across age groups such as manicures, pedicure, massages, facials, haircuts and more. Naturals is recognized as one of the front-runners in the salon industry and has over 700 physical stores across the country.

With customer satisfaction at the core of its operations and fast turnaround times, Housejoy has catapulted to a preferred brand for its at-home services. The brand provides a range of beauty services like waxing, threading, massage, pedicure/manicure, hair cutting and coloring etc apart from beauty packages for skin and hair care.

Speaking about this, Sanchit Gaurav, CEO and Founder, Housejoy, said, “It is wonderful to partner with one of India’s largest chain of salons for Housejoy customers to avail of various at-home services. Naturals is renowned for its extensive range of grooming services. With them as partners, Housejoy will be able to complement its existing basket of offerings and ensure that our customers get nothing but the best. From manicure to facials, they can now get the best in the comfort of their homes. We also aim to reach out and expand to other cities going forward.”

Housejoy customers enjoy exclusive discounts and offers for various services. The salon-at-home services can also be availed at reasonable prices and customers will be aware of the products being used on them.

C K Kumaravel, Co -founder, Naturals and Veena K, Founder, Naturals
C K Kumaravel, Co -founder, Naturals and Veena K, Founder, Naturals

Adding further, Ms Veena. K, Founder, Naturals said, “Just like Naturals, Housejoy is a leader in its segment. At a time when people across the globe are looking for at home services, we were looking for the right vehicle to reach our own customers and plenty more at their doorstep. Housejoy is meeting all our requirements and we are confident the partnership will be a win-win for both the brands. Furthermore, Mr. CK Kumaravel, Co-Founder, Naturals said “We are already having our presence in over 80 cities pan India with 700+ salons and are considered a pioneer in the Indian hair and beauty salon space. Housejoy customers can look forward to some of the best at-home beauty services with us in the times to come.”

Housejoy gets over 15000 bookings for on-demand services every month on an average. The brand’s beauty segment alone achieved 80% of pre-COVID numbers on account of the festive demand.[1] The brand has also raised investment to the tune of $30.2 million from investors such as Amazon, Matrix Partners, Growth Story, Vertex Ventures, Qualcomm, and others. Going forward, Housejoy plans to scale up its construction business in the known cities across the country, apart from Bengaluru.