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Business Wire India - Multimedia: Digest for November 23, 2022

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

Movate (formerly CSS Corp), a digital technology and customer experience (CX) services provider, has recently signed MoUs with two academies – 'ICT Academy' and 'Telangana Academy for Skill and Knowledge (TASK)' to create an effective and proactive talent pool. The two MoUs will help create skill-based opportunities for best-in-class talent from leading tech universities and educational institutes across the country.
 
These partnerships include creating comprehensive skill development programs with tailored business training modules, allowing students to graduate with recognized tertiary qualifications, refined digital skills, and employable credentials. The skilling programs will leverage an innovative curriculum focused on new-age technologies and will include workshops, conclaves, webinars, and guest lectures for creating a skilled future workforce.

Anish Philip, Chief People Officer, Movate, said, "Industry 4.0 is transforming the workforce, and we are likely to witness a gap between talent demand and supply across industries, especially for tech and digital talent. It's therefore crucial to prepare students and faculty members to meet the current and future needs of the IT/ITeS industry. These strategic partnerships will help bridge the gap by encouraging the holistic development of the new-age workforce (millennials and Gen Z), skill them across a plethora of disruptive technologies, and prepare them for the future."

For the first MoU with the ICT Academy, the IT Minister of Tamil Nadu, Shri. Mano Thangaraj, CEO of ICT Academy, Hari Balachandran, and a few board members of ICT Academy, graced the signing ceremony in Bengaluru.
 
Benedict Arokiasamy, Senior Vice President & Head - L&D, Movate, said, "It's vital for organisations to focus on L&D initiatives to ensure the potential workforce is industry-ready. I believe India has a unique opportunity to become a talent hub for IT and CX companies if academia and businesses come together to create a sustainable talent pool."

For the second MoU with TASK, the IT Minister of Telangana, Shri. KT Ramarao, CEO of TASK, Srikanth Sinha, and cricketer Krishnamachari Srikkanth, a special guest, were part of the signing ceremony in Hyderabad.
 
Movate has been associated with the ICT academy for the last two years and has supported over 2,500 students with various career opportunities in the IT/ITeS space. This year the company has extended its partnership with TASK to further amplify its efforts toward creating a skilled talent pool with high employability quotient in India. Additionally, the company is exploring opportunities to collaborate with different universities to address the talent supply-demand gap.
 
Movate has a significant presence in Chennai, Bengaluru, and Hyderabad. The firm plans to expand its operations further in Hyderabad and Chennai, leveraging the 'Hire and Train' model to recruit approximately 1,000 freshers per location in the next one year. These partnerships will help drive Movate's efforts in increasing the number of graduates with industry-specific digital and tech skills for its customers. 
Business Wire India

Finvasia Group today announced the opening of its new office in India's Financial Capital, Mumbai. Finvasia currently has its Head Office in Sector 74, Mohali, Punjab. The new Corporate office has been inaugurated and is already operational at One BKC, G BLOCK, Bandra Kurla Complex, Mumbai, India.
 
With some significant acquisitions like Fxview (Cyprus-based financial services provider), Gini Health (healthcare services company), and major investment platforms ZuluTrade, ACT Trader, and Capital Wallet already under Finvasia's cap, it seeks to accelerate its product development and better localisation for Indian Investors.
 
With the opening of its new office in Mumbai- the Financial Hub of the Indian Market, Finvasia has taken another lead in its vision to create an accessible, ethical, and trusted end-to-end financial ecosystem that will help it to enhance its human capital by taking advantage of the locally available talent of the Financial capital of India.

Sarvjeet Singh Virk, Co-founder and Managing Director of Finvasia Group, stated, "With our new office in the financial capital of India, we are glad to expand our human capital to build better products faster and to further enhance the trust and experience of our domestic and global clients. We aim to focus on product enhancements, provide more personalised services to retail and Institutional businesses, and strengthen teams and services."
 
Founded in 2009 by brothers Sarvjeet Virk and Tajinder Virk, the company has released numerous cutting-edge financial tools and services since its start. Shoonya, the powerful multi-asset trading platform, is the most revolutionary for individual investors—India's first truly commission-free brokerage service.
 
Tajinder Virk, CEO of Finvasia Group, stated, "We are delighted to announce the much-awaited opening of this office. Tapping into Mumbai's local talent will certainly add value to our team and strengthen our presence further in the financial capital of India. This expansion reflects our commitment to serving a diverse range of clients with our technologically driven end-to-end financial ecosystem."
 
Finvasia Group attributes its success to its unique perspective of constructing wholesome ecosystems in which they focus on solving real-time investor problems through the principles of transparency, values, innovation, diversity, and a tireless adherence to quality, which has already helped it win the trust of thousands of its customers worldwide.

Fintech Firm CredoPay Forays into Middle East

Tuesday 22 November 2022 07:55 AM UTC+00
Business Wire India

Leading neo-banking and unified payment acquiring solution provider CredoPay today announced its foray into Middle East.

The leading fintech enabler launched its services under the brand name SalisPay in Muscat, capital of Oman, last week. SalisPay is a joint venture with Oman Computer Services LLC, a 100% subsidiary of Oman's largest business conglomerate The Zubair Corporation (TZC). TZC has businesses in a wide range of industries including technology, infrastructure, investments, real estate, tourism, real estate, telecommunications, energy and education.

SalisPay will be a one-stop solution for unified acquiring, multi-channel payment processing and connected banking solutions to banks, neo-banks, payment facilitators, merchant acquirers, fintech companies and ISOs in Middle East. The joint entity will provide clients a secure, robust, certified, and scalable solutions through its platform-as-a-service (PaaS), software-as-a-service (SaaS) and managed services products.

CredoPay's Cofounder and CEO, Dore Swamy said that the joint venture with The Zubair Corporation will help extend Company's footprint in the Middle East. "CredoPay is a robust platform which offers our clients faster speed-to-market, lower cost of installation, maintenance & operations. This joint venture with TZC, the largest business house in Oman with presence and influence across Middle East, will help us capture the market in Middle East," Dore Swamy added.

TZC's Group CEO, Niels Bormans said that SalisPay was part of the endeavour to pave the way for digital payment future of the region. "This innovative fintech platform is set to revolutionise how we make and receive payments in Oman and Middle East in the near future," he added.

CredoPay's Cofounder and CTO, Captain Siva Raja Sekhar Padala (Retd) said, "The platform is highly scalable, robust and secure and is certified by leading international certification agencies including PCI DSS and ISO 9001:2015. It is capable of processing transactions of RuPay, VISA, MasterCard, AMEX, JCB and many more international Card Associations."

SalisPay COO, Anu Cherian Philip said, "With contactless and mobile payments on the rise, and in-person retail sales picking up momentum again, many businesses in the Middle East are looking to take advantage. It is our goal at SalisPay to be their trusted partner in this growth journey, supporting their needs for a seamless, digital payment processing and collection experience."

An established fintech enabler in India, CredoPay has a merchant base of 75,000 at present. The platform currently processes a whopping 5 million transactions per month worth Rs 700 crore. The cumulative Gross Purchase Value (GPV) of all the transactions on the platform till now stands at Rs 7,200 crores.

Besides transaction processing, the new-age platform also works as a marketplace for financial products with real time settlements enabling traditional financial product companies such as wealth management firms, NBFCs and banks to embark on a digital journey and reach-out to larger target market. The 75,000-strong network of CredoPay provides its clients access to a large pool of associate to sell and fulfil their products on real-time basis.

Prior to expansion to Middle East, CredoPay had operations in India, South Africa, Latin America and Sri Lanka. It has plans to expand to North America, South East Asia and Africa in the coming years. CredoPay had raised a Pre-series A round of $5 million from EzSwype LLC and Zent International Limited earlier this year. 
Business Wire India

Educators from India and Singapore convened in Mumbai to mark the successful conclusion of the Early Childhood Education Curriculum Enhancement and Pedagogy Project. This capacity-building initiative is organised by the Singapore International Foundation (SIF) and Muktangan Education Trust, a non-profit organisation that mentors municipal schools in Mumbai.
 
Since 2017, 32 educators from Singapore worked closely with about 700 educators in Mumbai to raise the professional standards of early childhood education (ECE) there. They completed a series of in-person and online workshops, dialogues, and study visits as part of the project.
 
The educators from Singapore and India collaborated on topics including parent interactions and involvement, teacher appraisals, play facilitation, social development, classroom learning environments, inclusive practices, and early interventions.
 
The project also saw 34 Indian Master Trainers equipped with the relevant skills and knowledge to train other ECE educators. As a result, at least 3,400 Indian ECE educators learned how to improve curricula and picked up new pedagogical and assessment skills. Collectively, about 45,000 educators and students in Maharashtra have benefitted from this project.
 
The Singapore International Volunteers (SIVs) also developed an online resource with content from the workshops. This will be useful for the continued learning and pedagogical skills development of the ECE practitioners in Mumbai.
 
The SIVs leading this effort are part of a larger pool of specialist SIF volunteers. They work with their overseas counterparts to build capability and capacity in various fields such as education and healthcare. They help bring about sustainable positive change in communities abroad and foster greater intercultural understanding in the process.
 
At the project's closing ceremony, Mr Ng Herk Low, Division Director, Strategic Management at the SIF said, "I am glad that we could facilitate such a meaningful interaction between the teachers from Singapore and India. The success of this five-year project marks another milestone in the 26-year friendship between the SIF and India, where Singaporeans and their Indian counterparts worked together on shared challenges at the people-to-people level. We look forward to more collaborations to uplift lives and build a better world."
 
Ms Elizabeth Mehta, Founder of Muktangan Education Trust said, "Quality early childhood education is an essential pillar of the economic and social development of any community. We are delighted that our learning exchange has resulted in higher professional standards and an enhanced ECE curricula. I believe the project will spur more cross-cultural collaboration and friendships between our countries."
 
Ms Kannigadevi Narayanasamy, SIV Team Leader, Assistant Director at Presbyterian Preschool Services, and Early Childhood Development Agency Singapore Fellow said, "It has been a privilege to share our experience with the educators in India. We learned a lot from them, too, and the project has challenged us to think about what makes teaching and learning effective in different environments. We look forward to continuing our friendship for many more years ahead."
 
Ms Shashikala Nagbanshi, a project participant and preschool coordinator from Muktangan Education Trust, said that she appreciated the fresh perspectives gained from the training sessions. She noted that there were positive results after she incorporated the new techniques in her classroom.
 
She added, "The storytelling and numeracy techniques and holistic teaching curriculum shared during the training proved to be effective. The students were more engaged and interested in the lessons. They were also more confident when transitioning from preschool to the primary level. I have gained a lot from the project, and I am very grateful to the SIVs."
Business Wire India

  • The company ranked 3rd Globally in the Metal and Mining Sector in the latest S&P Global Corporate Sustainability Assessment*
  • The company retained its 1st position in Asia Pacific for the 4th consecutive year

S&P Global Corporate Sustainability Assessment ranks Hindustan Zinc 3rd* Globally in the metal and mining sector. With the latest rankings, the company has also retained its top ranking in the Asia Pacific region for the 4th consecutive year. The ranking is a testimony to Hindustan Zinc's continuous progress to create value and improve lives through sustainable and responsible mining.

Speaking on the achievement, Mr. Arun Misra, CEO, Hindustan Zinc said, "We are proud of the fact that our commitment to a sustainable future has gained global recognition. Last year, we moved from 7th to 5th globally in the S&P Global Corporate Sustainability Assessment in the metal & mining sector. This year we moved from 5th to 3rd globally through sustainability efforts adopted at Hindustan Zinc. These efforts go beyond the organisational framework and encompass the communities around our operations. We are determined that utilizing sustainable business methods is the basis of creating long-term value for our stakeholders, communities, and the environment. Our sustainability commitment continues to strengthen at Hindustan Zinc, as we invest in new innovative technologies and increase operating efficiency to lower emissions and this will help us in achieving Net Zero carbon ambition by 2050."

Hindustan Zinc bagged a remarkable score of 80 during the Corporate Sustainability Assessment as on November 18, 2022. The company's CSA score improved from 77 last year. The CSA scores help the companies to benchmark their environment, social and governance (ESG) performance against other companies and to measure their progress in meeting sustainability objectives.

Hindustan Zinc, a Vedanta group company and India's largest & only integrated producer of Zinc, Lead & Silver, is committed to reduction in carbon footprint, safe operations and optimal use of natural resources, as part of their Sustainability Goals 2025. The company is committed to the principle of sustainable development and has pledged to invest $1bn in the next five years to go green.

Hindustan Zinc continues to invest and strengthen their sustainability focus by delivering on well-defined goals and progress on a sustainable value-accretive journey. The company's strong focus on delivering excellence through their best practices has led them to be awarded by CAP 2.0, S&P Global Platts Awards, GreenCo Certification, CII National 5S Excellence Award, Bhamashah Award and many more.

*The ranking is subject to change as 27% of companies invited to S&P ESG Indices await their ESG scores. 
Business Wire India

Prodapt, a leading global consulting, technology & managed services provider with a singular focus on the Connectedness industry, has been named a recipient of the Salesforce Partner Innovation Award in the "Communications" category. The prestigious award recognizes Prodapt's contributions to Salesforce-driven digital transformation programs and the development of specific solution accelerators for the communications industry.
 
Each year, the Salesforce Partner Innovation Awards recognize the significant contributions Salesforce partners have made across clouds, industries, and the broader partner program – including consulting firms, digital agencies, resellers, and ISV partners. IDC, a global provider of market intelligence and advisory services for the IT, telecommunications, and consumer technology markets, facilitated and judged the nominations.
 
Prodapt tendered its nomination for the CRM transformation of Fiber Network Delivery to support multiple new operating models. The award affirms Prodapt's continuous efforts in delivering value to its global clients by accelerating its transformation initiatives.
 
"In today's world of fierce competition, customer volatility, and economic uncertainty, excellence in innovation has become a critical differentiator. The Partner Innovation award in the Communications space signifies our track record in facilitating end-to-end CRM transformations that deliver business outcomes, leveraging our deep industry expertise." – Smita Katariya | Vice President, Prodapt
 
"Salesforce Partner Innovation Award winners, such as Prodapt, help customers grow faster and reach further in this new digital economy," said Tyler Prince, Executive Vice President, Alliances & Channels at Salesforce. "Salesforce partners are integral to enabling digital transformation and driving customer success."
 
For further details on Salesforce Partner Innovation Awards, visit: https://www.salesforce.com/news/stories/salesforce-2022-partner-innovation-award-winners/

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