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Business Wire India - Multimedia: Digest for June 16, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

TalentSprint, a leading global edtech company specializing in innovative and transformative programs, has been recognized as the 'Training Partner of the Year' at PegaWorld iNspire 2023, the annual conference of Pegasystems, the low-code platform provider empowering the world's leading enterprises to Build for Change® held in Las Vegas recently. This accolade highlights TalentSprint's exceptional contributions through its Pega University Program in transforming engineering college students to build robust capabilities in low-code technologies to secure a competition-proof career with the customers and partners of Pegasystems.
 
Since its establishment in 2016, the collaborative effort between Pegasystems and TalentSprint through the Pega University Program has empowered over 9,000 students to embark on high-impact careers in the tech industry. This comprehensive program equips students with 300+ hours of hands-on experiential learning by qualified and certified instructors, resulting in a 95% certification rate with a high-touch placement assistance yielding an 80% placement rate consistently. Initially launched with two partner colleges, the program has now expanded to impact around 2000 students per year across 20 partner colleges throughout India.
 
Judy Buchholz, Senior Vice President of global partner ecosystems, Pegasystems, said: "Pega is pleased to recognize TalentSprint on their well-deserved award as the Training Partner of the Year. Deep expertise and skillset currency are critical to Pega clients and TalentSprint has invested in and delivered on programs to educate and certify job-ready young software engineers for the Pega ecosystem."
 
Dr. Santanu Paul, Founding CEO and Managing Director of TalentSprint, expressed his satisfaction with the pioneering initiative undertaken in collaboration with Pegasystems in India. He acknowledged the prestigious award as a testament to the team's dedicated efforts, unwavering pursuit of excellence, and innovative mindset. Dr. Paul extended his heartfelt gratitude to all those involved, emphasizing that this recognition symbolizes their collective endeavor and relentless passion.
 
TalentSprint's recognition as the 'Training Partner of the Year' at PegaWorld iNspire serves as a testament to their commitment to excellence, innovative teaching methodologies, and impactful collaborations. Their unswerving dedication to nurturing industry-ready talent has made a remarkable impact on the tech landscape in India, while providing students with unparalleled career prospects. As TalentSprint and Pegasystems continue to work in tandem, they aim to further enhance the transformative power of education and create a bright future for aspiring professionals in the technology sector.
Business Wire India

Shreya Ghodawat, a World Economic Forum Global Shaper and CEO of Sustainable Guides (a sustainable consultancy) represented India at a High-Level Dialogue on 'Women championing resilience for climate, energy and food security' held in Geneva in the context of World Environment Day. The global non-profit organisation SHE Changes Climate and the UN Food and Agriculture Organization (FAO), in partnership with UNECE, UNITAR, the International Gender Champions Secretariat, the New Women Connectors and the IFRC among others, hosted an inclusive dialogue aiming at giving a voice to the women who are advocating resilience and multiplying solutions at the forefront of climate impacts.
 
Representatives from the UAE (COP28 Presidency) and from key leading countries including Costa Rica, Mexico, Sweden, Mauritius, Finland, as well as women leaders, SHE Changes Climate Ambassadors and female spokespersons from the Global South were present for a significant roundtable discussion.
 
Shreya's remarks on building resilience and enhancing adaptive capacity of women to climate change -
 
"India is a swiftly growing economy, now carrying the world's largest population, but still a recovering nation from the effects of colonialism nonetheless. The nuances of which only those with our lived experiences and histories fully understand. Like most countries in the Global South, India is most vulnerable to climate change that affects everyone but does not affect everyone equally. Heatwaves have a disproportionate impact on women for several reasons. Cultural norms and gender roles often place women in positions that make them more vulnerable to heat-related illnesses - engaging in outdoor labour, agricultural work, where they are exposed to the blistering sun for extended periods. Women in rural India also walk roughly 3-12 miles every day to fetch drinkable water for their families. This increases their susceptibility to heatstroke and dehydration- posing a rather serious threat to life. Lost productivity due to heat-related illnesses, not only jeopardises their own well-being but also has ripple effects on their families and communities. This reinforces the cycles of poverty, early marriages, sexual violence, any gender-related crime which are amplified because of droughts, floods and loss of livelihoods in India and in the Global South as well.
 
However, in the face of this mounting crisis, there is hope. Together, we can and must work towards mitigating the adverse effects of climate change on women who belong to vulnerable regions. Firstly, we must prioritise awareness and education. Empowering women with knowledge allows for a more informed response when faced with natural calamities. A lot of them will not have the coping mechanisms, skills, resources or awareness to begin with, therefore when floods engulf India women are 14 times more likely to die just because they are not taught how to swim, as a result of cultural expectations. This brings me to my second point of action- The urgent need for investment in infrastructure and resources. This loss and damage fund must be accessible and directed towards climate adaptation and mitigation projects that prioritise women.
 
For those of us living in the Global South, climate change is making our blood boil. When temperatures rise, women must rise too. Heat expands, heat escalates, so we must too. To deal with the unprecedented changes that are happening we must do the unprecedented. And you know what's unprecedented? A 50:50 representation of men and women at COP28 and decision-making tables worldwide."

Shreya is committed to promoting justice, fairness, equitable rights, de colonialism and climate solutions. She graduated from the National University of Singapore with a BA in Sociology and Gender Studies and has a Master's degree in Sustainable Travel and Tourism.

She has been vegan for 7 years for people, the planet and animals and advocates for a plant based lifestyle. Appointed as the India Ambassador of SHE Changes Climate, a global non-profit organisation driving awareness of the crucial role of women in accelerating just climate action, Shreya aims to continue being the microphone for sustainability and advocating for a 50:50 vision at all levels of climate leadership. She is dedicated to fostering the growth of women-led tech unicorns focused on social and environmental impact.
 
For the High-Level discussion, Shreya chose to wear a sustainable, contemporary outfit by ace designer Anita Dongre crafted mindfully with viscose organza. It was a perfect amalgamation of responsible fashion and trendy style. The ensemble beautifully reflected her vision for conscious leadership and commitment to climate change and gender equity.
 
She finished her look with a stunning vegan bag by Anita Dongre and shoes by PAIO, a PETA-approved vegan brand that vehemently rejects the use of leather or any
materials that harm animals.
 
Mrs. Elise Buckle, Co-Founder, SHE Changes Climate said, "What a wonderful way of celebrating the World Environment Day, valuing diversity, giving a voice to our amazing leaders and SHE Changes Climate Ambassadors, and urging the diplomats, policy-makers and UN experts to put the climate emergency front and center as number 1 priority, with so many country representatives joining us, listening to the women who have sometimes been displaced but keep championing resilience for their communities, wherever they are in the world. Expressing a deep sense of gratitude for all the high-level speakers who contributed and 100+ active participants of the multi stakeholder dialogue. We will continue the nurture the spirit of radical collaboration working as One team for One Planet."
 
Those who graced the event were –
 
  • Akilah Jaramogi, Indigenous Merikin descendant, Forester, Founder of Fondes Amandes Community Reforestation, SHE Changes Climate Ambassador
  • H.E. Lubna Qassim, Minister Plenipotentiary, Deputy Permanent Representative for the UAE (COP28 incoming Presidency)
  • Sharon Gakii, Co-Founder of the International Consortium for Climate and Biodiversity
  • Leslie Sligh, UNITAR/Global Platform for Action in Displacement Settings, Desk Officer, Decarbonising Humanitarian Energy Multi-Partner Trust Fund Secretariat
  • Elena Balbekova, SHE Changes Climate Ambassador for Ukraine, Former Head of Delegation for UNFCCC and Founder of the Climate Department at the Ministry in Kiev
  • Ms. Iva Brkic, Secretary of the Committee on Sustainable Energy, UNECE
  • H.E. Lubna Qassim, Minister Plenipotentiary, Deputy Permanent Representative for the UAE (COP28 incoming Presidency) and others
 
SHE Changes Climate's innovative approach and trademark is to convene, facilitate inclusive dialogues and catalyse transformative partnerships, by valuing diversity and connecting the voiceless and the powerless with the most influential policy-makers. They aim to put under the spotlight the issues and regions that normally don't make it to the media headlines, often in Africa and in the MENA regions, where both COP27 and COP28 have been hosted. In particular, the global campaigning organisation strives to give a voice to those women who are courageous enough to build resilience for their communities, facing disasters and rebuilding their livelihoods by developing Nature-Based Solutions and regenerating the Earth.

HomeLane Raises 75CR in Bridge Round

Thursday 15 June 2023 09:30 AM UTC+00
Business Wire India

HomeLane, a leading provider of personalized home interior solutions recently announced the successful completion of a bridge round, raising INR 75CR from its current investors. The funding will help accelerate HomeLane's growth trajectory and support its expansion plans.
 
The bridge round reiterates the confidence of HomeLane's investors in the company's vision and also highlights its potential to become the first profitable company in the home interior space. HomeLane is on track to achieve profitability in FY24. The capital infusion significantly strengthens HomeLane's financial position, empowering the company to aggressively pursue growth opportunities in the 22 cities it has a presence across India. Additionally, the funding also enables the scale-up of HomeLane's recently launched affordable segment brand, Doowup, which has received a very positive response since its introduction.
 
"We are absolutely stoked that our investors have reiterated their belief in HomeLane's vision," stated Srikanth Iyer, Co-Founder and CEO, and Tanuj Choudhry, Co-Founder and COO of HomeLane. "This bridge round represents an important milestone for HomeLane, providing us with the resources to further scale the delivery of exceptional home interior solutions to our customers. We are excited to enter this next phase of growth and expansion."
 
Though the specific terms and conditions of the bridge round remain undisclosed, it is worth noting that the funding has been structured in a manner that aligns with HomeLane's long-term goals.
Business Wire India

MG Motor India, a British automobile brand with a rich 99-year heritage, has achieved a significant milestone in its journey towards sustainable manufacturing. In collaboration with CleanMax, Asia's trusted sustainability partner, the car manufacturer today announced that 50% of the energy required for its manufacturing operations is from renewable resources.

MG Motor India's pledge to reduce CO2 emissions by nearly 2 lakh MT over the course of 15 years is equivalent to the positive environmental impact of planting over 13 lakh trees. The brand has already witnessed a remarkable 36% decrease in CO2 emissions, with levels dropping from 0.59 MT in 2022 to 0.38 MT in the first quarter of 2023. This reduction in emissions has resulted in a significant decrease of 2251MT in MG Motor India's carbon footprint in the first Quarter of this year. Projections indicate that this downward trend will continue, with an estimated carbon footprint reduction of 11889 MT by the end of this year. These numbers reflect the brand's unwavering commitment to sustainability and its resolute dedication to transitioning from carbon neutrality to achieving net zero emissions across both its operations and supply chain.
 
MG Motor India is today one of the few pioneering passenger carmakers to embrace green manufacturing practices and has successfully secured a green energy capacity of 4.5 MW. For the next 15 years, the Halol facility will continue to draw power from CleanMax's hybrid park in Rajkot, ensuring a reliable and sustainable energy source.

Carret Soars to New Heights with Groundbreaking Milestones

Thursday 15 June 2023 11:36 AM UTC+00
Business Wire India

Carret, a leading digital asset investment platform that offers up to 17% APY on stablecoins, has recently achieved significant milestones in its business operations.
 
Carret achieved operational profitability in April 2023 and has gradually started expanding its product offerings to the Dubai and GCC markets. The company also became one of a handful of companies in India to achieve the Reporting Entity status after registering with the Financial Intelligence Unit of India (FIU-IND), in compliance with the Prevention of Money Laundering Act (PMLA).
 
Carret's unwavering commitment to ensuring the highest regulatory compliance and providing the best user experience to its customers is noteworthy. With its recent achievement of operational profitability in April 2023, it is now poised to set new standards within the industry.
 
Carret has seen significant traction in their recently launched Private Client services. These services aim to provide exclusive access to a high-yield fixed income account, along with personalized support to HNIs, Family Offices, and CXOs. Additionally, a newly revamped Private Client portal provides clients with a comprehensive view of their initial investment, their past and current portfolio positions, and granular details of their allocated capital, ensuring a more personalized experience.
 
In the upcoming month, Carret's users will also see the launch of an all-new Carret app aimed at further elevating user experience. The app will be available on both iOS and Android devices, allowing users to manage their digital asset investments on the go, making it easy to invest, earn, and track their portfolio from anywhere, at any time.
 
With its continued rigor to provide the best digital asset investment services to its users, Carret has achieved another significant milestone with over 30,000 downloads of its app. This demonstrates the trust and confidence that clients have in Carret and its services as the demand for safe, reliable, and user-friendly digital asset investment platforms grows in India.
 
Speaking about these recent achievements, Carret's Co-Founder, Neha Kumari, commented, "We are thrilled to have achieved operational profitability recently. The entire team has worked around the clock in the last six months to achieve this milestone while navigating volatile markets. Strategic decisions related to risk management and regulatory compliance have played a major role in strengthening our position in the market. We are proud of our achievements and will continue to strive for excellence in all aspects of our business operations."
 
Carret's expansion into the Dubai/UAE market is part of its strategic plan to expand its services beyond India. The company aims to provide an easy-to-use, secure, and well-managed platform to users for compounding their digital asset wealth.
Business Wire India

Sodexo Benefits and Rewards Services, a leading global employee benefits and engagement partner, is adopting a new brand, Pluxee:
 
  • To better support companies in the face of changes at the workplace, and individual expectations of well-being and fulfilment
  • To support its growth strategy, by creating more value for all its stakeholders
  • To prepare the spinoff and listing project announced by Sodexo on April 5, 2023

Aurélien Sonet, Pluxee's CEO said, "Pluxee is a new digital, optimistic and innovative brand that embodies our vision and our strong ambitions in a growing market. With this new brand, we stand out for who we are. Our stronger identity will be a key differentiator for our clients and partners and to attract new talents, particularly in digital."

Why a new brand

Pluxee, the preferred partner of companies for an enhanced and digital employee experience
 
  • By adopting a new identity, the Benefits and Rewards Services activity intends to differentiate itself more strongly in an extremely dynamic market.
  • Pluxee will allow its client companies to promote their employer brand by offering their employees innovative and personalised solutions, in the face of the major changes in the world of work.
  • Pluxee aims to help each employee enjoy more of what really matters to them.
  • Pluxee, a strong player player present in 31 countries, has all the assets to capture the potential of a growing and largely under-penetrated market: its know-how acquired over nearly 45 years, a solid performance, the vision, and long-term commitment of its reference shareholder, the Bellon family, and its CSR commitments, which drives the engagement of its employees.

Pluxee at the service of an ambitious strategic plan
 
  • As part of its 2025 strategic plan, Pluxee primarily intends to:
    • Accelerate on its historical activity, the meal and food benefits business, in particular by strengthening its penetration rate among SMEs.
    • Expand its offer on well-being, gifts, mobility or measures to support purchasing power and employee engagement.
    • Make its services more easily accessible to its clients' employees via a single digital platform.
  • To achieve these goals, PLUXEE will invest each year, by 2025, 10% of its turnover in tech.

Pluxee, a new brand to support an autonomous strategy
 
  • Pluxee is a modern and digital brand that reflects the vision, ambition and positioning of the activity in view of the spinoff project announced by Sodexo's Group in April 2023.
  • Pluxee will have its own governance and dedicated resources to deploy its strategic plan.

Pluxee creates value for all its stakeholders
 
  • For its 500,000 client companies by offering ever more complete, rich, and varied solutions based on an efficient and attractive digital ecosystem.
  • For its 36 million consumers, thanks to personalised services offering more freedom, responsible choices, and more purchasing power. 6 million people use Pluxee's services every day in both Brazil and France respectively, and more than 3.5 million in India.
  • For the 1.7 million merchant partners by making their daily lives easier, helping to increase traffic at their points of sale, and enabling them to better understand and interact with their consumers through data.
  • For public authorities by helping them to innovate socially to address the new needs of employees and the self-employed, to manage social assistance or to direct spending in a specific area. In Europe, Pluxee manages 4 billion euros in social assistance annually.
  • For its 5,000 employees, by strengthening their sense of belonging, strengthened by the positive impact they can have on the lives of millions of individuals.
 
Pluxee, created with the assistance of the Conran Design Group Agency of the Havas Group, will be gradually deployed in the 31 countries where the activity operates by the end of 2023, starting with Brazil in August.
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