Tag: National Head

360 EDGE ended the year on a high note, added 25+ Franchises in top 5 cities of India
Business World, News

360 EDGE ended the year on a high note, added 25+ Franchises in top 5 cities of India

Jan 29, 2021 by Rekha Nair 0 Comments #360 EDGE, #360 Realtors., #and 360 Edge, #Founder & MD, #Mr. AnkitKansal, #Mr. SahilKapoor, #National Head

New Delhi: 360 EDGE, the franchise network arm of 360 Realtors, ended the year on a high note, adding more than 25 franchises in the country. These franchises have been appointed all over India including but not limited to Gurgaon, Pune, Bangalore, Hyderabad, Noida, Faridabad etc. This is remarkable feat for a venture that has been formed just 6 months back. 360 EDGE has been incubated in June previous year, to build an asset-light and scalable franchise network of real estate advisories.

“In a time, when the COVID crisis has put the entire global economy into a tailspin, 360 EDGE was launched. Despite times being not so favorable marked by slump in business activities, we were assured of the long-term potential of the Indian real estate industry, as there remained a huge untapped market. 360 EDGE was formed to offer small business owners and individuals to build successful real estate transaction business and earn sustainable parallel income.” Quoted Mr. AnkitKansal, Founder & MD, 360 Realtors, and 360 Edge.

There are numerous benefits of getting associated with the franchise grid of 360 Realtors. Besides availing the credible brand name of 360 Realtors and the opportunity to sell projects from leading developers, one also get seamless access to cutting edge marketing, CRM, and technological resources of the parent company. This drastically reduces the CAPEX and OPEX for the franchises.

360 EDGE is also building an expansive training facility, under the flagship of 360 Realty Academy. The multi-faceted program is preparing a talented pool of real estate professionals by rendering training to individuals across a range of subjects such as real estate transactions, market intelligence, documentation & legal aspects of real estate, communication skills, etc. So far 110 number of individuals have been trained by 360 Realty Academy that leverages a blend of online classroom training, offline classes, and on-job training.

“Indian real estate is set for momentous growth in 2021, backed by a large population, an unprecedented rise in urbanization, and a very attractive demographic dividend. COVID has once again reinforced the need amongst Indian households to own a home of their own. Amidst such attractive times, building a tech-enabled and asset-light franchise model can offer a tremendous opportunity to the budding entrepreneurs in the country. By focusing purely on transactions and not worrying about capital and operational expenses, entrepreneurs can register attractive profits” Quoted Mr. SahilKapoor, National Head, 360 EDGE.

About 360Edge

360 EDGE Franchise Office has a team of like-minded, entrepreneurial, and trained Business Associates who work on a commission-sharing model. The business associates work full-time with the Franchise Owner & pay an Annual fee to get associated with the Franchise office. This business model is both scalable & Asset-Light which allows easy expansion of unlimited growth. It creates a win-win situation and an apt and interdependent working environment for all the stakeholders involved.

The franchise will also get to use the credible brand name of 360 Realtors, which will help in easy brand credibility & brand recall. In the capacity of a franchise, one would be able to market and sell projects from around 400+ Grade-A developers, with whom 360 Realtors has tie-ups. As 360 Realtors enjoys a high commission on sales, the same will be passed on to the franchise, which will be instrumental in multiplying their income. 360 Edge will also offer timely payment of brokerage, with the help of their MOUs with developers.

HDFC Bank signs MoU with 100X. VC to support start-ups
Business World

HDFC Bank partners with CSC to launch EMI Collection service for Business Correspondents

Jan 29, 2021 by Neel Achary 0 Comments #Business Correspondents, #CSC Channel HDFC Bank, #Mr. Dinesh Luthra, #National Head

New Delhi: HDFC Bank and CSC e-Governance Services India Ltd—a Special Purpose Vehicle (CSC SPV) under the Ministry of Electronics & IT (MeitY) – today jointly announced the EMI Collection Services for CSC-HDFC Bank’s Business Correspondents across the country.

This will make payments convenient for customers, who can now visit their nearest CSC, to deposit overdues. The CSC-HDFC Bank Correspondent or Village Level Entrepreneur (VLE) will match the loan account with the customers’ registered phone number to cross check the amount payable on the system. The VLE will then provide a receipt for the amount collected and deposit the amount in the prescribed form to bank.

Photographic representation of the collection process:

The announcement was made by Dr. Dinesh Kumar Tyagi, MD, CSC e-Governance Services India Ltd., Mr. Dinesh Luthra, National Head, CSC Channel at HDFC Bank and Mr. Debjyoti Datta, Head-Collection Process (Retail Portfolio Management) at HDFC Bank.

Speaking on this partnership, Dr. Dinesh Tyagi, MD, CSC e-Governance Services India Ltd said, “We are very happy to announce the extension of our partnership with HDFC Bank and believe that CSC and HDFC Bank together can transform the delivery of financial services to rural India. With the launch of the EMI Collection facility through CSC, customers need not visit bank branches and can instead deposit the EMI through CSC, thus saving time. It will also ensure extension of financial services to citizens in rural and far-flung areas of the country.”

Speaking on this partnership, Mr. Dinesh Luthra, National Head, CSC Channel HDFC Bank said “We are proud to partner with CSC for this initiative. It ties with our ongoing social programmes which straddles with promoting financial literacy, financial inclusion and income-generating skills at the bottom of the pyramid. Under the initiative, CSC and HDFC Bank will work towards utilizing the services provided by the Business Correspondents for collecting regular EMIs / overdue amount on loans taken by customers. The Business Correspondent’s would act as deposit points for customers of HDFC Bank from segments like auto loan, two-wheeler loan, personal loan, business loan and sustainable livelihood initiative.”

HDFC Bank partnership with CSC will take banking and financial services to the doorsteps of people living in remote areas through the bank’s network of over 1 lakh VLEs. The VLEs will be supported by HDFC Bank’s branch distribution network which is present in more than 30 states. The arrangement will provide access to formal banking to lakhs of people in rural India.

ccphd
News

FMC–FLO Mentorship Cell Launched A mentor is someone who looks at the business and gives objective inputs: Prof Ramesh Loganathan, IIIT-H

Aug 11, 2020 by Gouri Achary 0 Comments #FICCI Ladies Organisation (FLO), #FMC, #FMC-FLO Mentorship Cell, #Ms Bindu Sastry, #Ms Usharani Manne Chairperson of FLO Hyderabad Chapter, #National Head, #Prof. Ramesh Loganathan, #Uma Chigurupati and Pooja Mitra.

.FICCI Ladies Organisation (FLO) unveiled its ambitious initiative FMC-FLO Mentorship Cell here in the city in a Webinar on Monday evening

The Mentorship Cell of FLO provides support to existing and new entrepreneurs, to establish a new business or enhance existing ones shared Ms Bindu Sastry, National Head, FMC speaking immediately after launching the initiative. It is a PAN India initiative being introduced across 17 Chapters all over India.

The vision of FMC is to be a self-reliant entrepreneurial ecosystem for FLO members by FLO members, shared Ms Bindu Sastry.

Addressing the online gathering, Guest Speaker Prof. Ramesh Loganathan, the veteran in this space shared his wisdom. He covered areas such as women representation in startup space, an overview of mentorship, what it takes to be a good mentor, mentor overload etc.

A good mentor shouldn’t give answers. Instead, he or she must challenge mentee. The Mentor shouldn’t share opinions, Mr Ramesh Loganathan, Professor Co-Innovation/ Outreach at IIIT-Hyderabad said.

Make sure the need of the community or society is understood well and served. Your solution should be a differentiator. The customers must be able to derive value from your solution, said Mr Ramesh, former HYSEA President

There is more to pivoting than many entrepreneurs understand. Pivoting in the startup space means shifting to a new strategy as marketing conditions, corporate environment, a pandemic like the current one may force. Sometimes it entails to drastically change the whole company and its plans, strategies. The mentor can bring in his experience in such a scenario and help the best way to pivot, he shared.

Speaking about Mentor Overload, the Professor who heads Innovation at IIIT-H said in your entrepreneurial journey some of you may encounter Mentor Overload. In such a scenario, stay cool even if you get conflicting views and make an informed choice.

Concluding his talk, he observed that a mentor is someone who looks at the business and gives objective inputs

He also answered many questions facilitated by Ms Pooja Mitra asked by the participants and answered them and clarified their doubts.

According to Ms Bindu, FMC is a 1-on-1 Mentorship program, lasts for 3 to 6 months. It will facilitate Workshops in Entrepreneurial Areas. It is a voluntary based initiative. It will have two levels both at Chapter and National level. Mentors who volunteer will be trained formally and Certification will be provided. We will have useful collaborations and programs with premier organizations both national and international level.

The Mentorship cell will be a facilitation platform, connecting women entrepreneurs to experts who can guide, mentor and assist them in taking their business to the next level, added Ms Bindu.

Adding further she stated that this initiative is only for FLO women-women with an idea wanting to convert it into a business, existing women entrepreneurs wanting to grow their business, women who have been thrown into business due to unforeseen circumstances.

Welcoming the virtual gathering, Ms Usharani Manne Chairperson of FLO Hyderabad Chapter said we didn’t have such a luxury of Mentorship when I first ventured into my business 25 years ago. Today it is different. Mentorship is an organized service available on tap for entrepreneurs at every stage of their lifecycle.

And I have no hesitation in accepting, Ms. Usharani added that any degree of success one achieved during those times was through trial and error and sheer persistence.

Research and surveys prove that while growth matters, over 70% of startups fail because of premature scaling. Mentored startups grow 3.5 times faster and raise 7 times more money. 80 per cent of successful CEOs said that they had relied on some form of mentorship. In another research by Sage, 93 per cent of startups admit that mentorship is instrumental to success, the FLO Hyderabad Chairperson shared.

The FMC Hyderabad Chapter is comprised of three members -Ms. Nanda Rao, Uma Chigurupati and Pooja Mitra. Sharing the plan to take the initiative forward Ms. Nanda Rao said it will cover areas such as Marketing, Branding, Sales, Legal, Cyber Security, Finance, Digitization etc others. Several Biz Talks related to the subjects will be organized such as this one every month first Wednesday, she shared.