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Business Wire India - Multimedia: Digest for June 17, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

ICMG Partners Co., Ltd., a Japanese Management Consulting Firm/Venture Capital Fund with headquarters in Tokyo and Singapore with 20+ years' experience working with top management of Japanese large companies across industries, announces that it has entered into a partnership with NirogStreet Pte Ltd, a portfolio company of ICMG Co-Creation Fund Ⅰ Investment Limited Partnership managed by ICMG Partners, to bring new Japanese healthcare and personal care products into the Indian market. NirogStreet operates India's first and largest Ayurveda online platform (Ayurveda: a traditional system of medicine used by one-third of the Indian population) and is a leading provider of Ayurveda products to local Ayurvedic doctors, pharmaceutical companies, clinics and consumers in India. NirogStreet currently possesses an extensive network of local Ayurvedic doctors, pharmaceutical companies, clinics and consumers in India which it will utilize to broaden the platform's reach to new customers.

ICMG invests in the next unicorn companies in India and Southeast Asia in collaboration with leading global Venture Capital funds such as Jungle Ventures, Sequoia Capital etc. The investments from ICMG aims to be a launch pad to accelerate the co-creation between Indian start-ups and Japanese large companies. Upon investments in the start-ups, ICMG enables high-quality Japanese products to be shared on the E-commerce platforms of the start-ups and increases their available product selections to attract more Indian customers to the platforms, which enhances their corporate value against competitors in the market.
 
By concluding a partnership with NirogStreet, ICMG will be able to effectively deliver superior Japanese healthcare and personal care products to a large number of Indian consumers through NirogStreet's local infrastructure and network.
 
ICMG has a strong track record of supporting co-creation activities between Japanese large companies and global start-ups in international innovation projects, and will continue to support the growth of start-ups, while leveraging the knowledge and partners ICMG has cultivated in this business. 

Synchrony Named Top 5 Best Companies to Work For in India

Friday 16 June 2023 08:12 AM UTC+00
Business Wire India

Synchrony, a premier consumer financial services company, is proud to announce that it has been recognized by Great Place To Work - India among India's Best Companies to Work For. This remarkable achievement is a testament to Synchrony's unwavering commitment to fostering an inclusive, supportive, and inspiring work environment for its employees.
 
Expressing his gratitude for being ranked five, Andy Ponneri, Senior Vice President, Business Leader – India, Synchrony, said, "Our employees are what makes Synchrony a Great Place to Work. We are delighted to receive this prestigious recognition by Great Place To Work. This achievement underscores our steadfast commitment to our employees, who are the bedrock of our organization's success. At Synchrony, we hold diversity, inclusivity, and innovation in high regard. With an impressive ~50% women representation, over 100 individuals with disabilities, and our unwavering support for 45+ veterans and veteran family members, we strive to cultivate an environment where every individual can thrive. This recognition serves as a testament to the unwavering dedication of our employees and the exceptional workplace culture we have fostered. Moving forward, we remain driven to promote a collaborative, inclusive, and growth-oriented environment, ensuring that Synchrony continues to be an exemplar of a truly exceptional workplace for all."
 
Gaurav Sehgal, Senior Vice President, Human Resources - Asia, said, "At Synchrony, we prioritize creating an empowering environment where our employees can realize their full potential. Our 100% work-from-home flexibility, a key part of our unique Way of Working in India, enables our teams to excel while maintaining a healthy work-life balance with our unique benefits. With a resounding 97% of employees affirming Synchrony as a Great Place to Work, we continuously enhance our workplace experience. We are honored to receive this recognition, a testament to our sustained commitment to our employees' growth and well-being.
 
This accolade reinforces our dedication to advancing an equitable, diverse, and inclusive environment. We remain committed to enabling our employees to succeed and thrive, driving collaboration and innovation. Together, we will continue to redefine the way we work, while ensuring our employees' well-being remains at the heart of our organization."
 
Backed by 30 years of data, Great Place To Work is the global authority on workplace culture. Great Place to Work's methodology, derived from years of studying the best workplaces across the globe, is recognized as rigorous and objective and considered the gold standard for defining great workplaces across business, academia, and government organizations. Their proprietary methodology and platform enable leaders to truly capture, analyze, and understand the experience of every employee, and compare outcomes with data collected from more than 100 million employees in 150 countries worldwide.
 
Congratulating Synchrony, Yeshasvini Ramaswamy, Serial Entrepreneur & CEO, Great Place To Work India said, "May your continued efforts to create great workplaces inspire others to follow in your footsteps. Your dedication to fostering inclusivity and empowering individuals has made your organization a true leader in the industry."
 
Synchrony's commitment to its employees is evident through a range of initiatives, including 100% work-from-home flexibility, continuous learning and certification reimbursement programs, and the establishment of Regional Engagement Hubs across India to cater to diverse talent and employee bases. We are committed to revolutionizing work-life balance for employees by offering remote work flexibility, holistic wellness sessions for physical, mental, and financial well-being, extended medical insurance coverage for specially-abled siblings and parents-in-law, freezing of eggs and sperm for employees, surrogacy coverage for maternity plans, and enhancing a culture of total well-being and support. Furthermore, Synchrony's philanthropic efforts and commitment to social responsibility have played a vital role in driving a positive impact within local communities.
 
In 2022, Synchrony ranked #19 among India's Best Companies to Work For, Top 5 among India's Best Workplaces in Diversity, Equity, and Inclusion, and Top 10 among India's Best Workplaces for Women. Recently, Synchrony also received Top 25 BFSI recognition from Great Place to Work India and ranked #21 under LinkedIn Top Companies in India list.
Business Wire India

SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.), a leading Non-Banking Financial Company (NBFC), offering a wide range of financial services, is making significant strides in corporate social responsibility (CSR) with its brand "Uday - Ek Nayi Subah".
 
SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.) has entered the World Book of Records for its path breaking Pashu Vikas Day cattle care camp. Through consistent CSR efforts and working with villages in rural areas, SMFG India Credit fosters social upliftment in Rural India. This has helped in creating meaningful impact in areas of Livelihood, Healthcare, Education, Environment and Cattle Care. SMFG India Credit's key initiative 'Pashu Vikas Day' observed benefits for 71,400+ cattle and 20,400+ cattle owners through health camps across 15 states. Also, it has positively impacted more than 25 Lakh lives since 2014.
 
Through comprehensive initiatives focused on sustainable livelihood, healthcare, education, environment and cattle care, the organisation is playing a pivotal role in uplifting the marginalised segments of society and contributing to socio-economic growth of the under-privileged community. SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.) has been included in the World Book of Records for organising the 'Largest Cattle Care Camp on a single day' as a part of its unique Pashu Vikas Day initiative. It has been acknowledged by the Limca Book of Records (2014 & 2015), Best of India Records (2018), World Book of Records 2019 as well. In FY23, this initiative was organised across 375 rural (SMFG Gramshakti) branches, covering 450+ villages in 15 states across India, in one single day, with the support of 4,000 employee volunteers, treating over 72,000 cattle. With innovative programs and extensive rural reach, SMFG India's CSR initiatives have touched over 2.5 million lives as the company continues to prioritize social responsibility, inclusivity, and sustainable development.
 
Commenting on the significance of CSR initiatives, Swaminathanan Subramanian, Chief People Officer, SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.), said, "At SMFG India Credit, we firmly believe in creating a positive and lasting impact on society. By empowering individuals and enabling their self-sufficiency, we are paving way for a brighter future and contributing to economic growth in semi-urban and rural areas. SMFG India Credit's CSR initiatives under the brand name "Uday - Ek Nayi Subah" are driven by collaboration and partnerships with local communities, NGOs and governmental bodies. Our CSR efforts represent our commitment to fostering holistic development and social upliftment. By leveraging collective efforts, we strive to address the root causes of social challenges and create positive impact in the lives of individuals and communities."

SMFG India Credit's commitment to empowering the underprivileged and driving positive change in rural regions is evident in its strategic design and implementation of skill enhancement and educational programs. These initiatives target unserved and underserved rural communities, targeting women and youth in tier 3-4 cities, equipping them with essential skills for entry-level jobs in the healthcare, banking and finance sectors. By empowering rural youth and women to become self-reliant through enhanced financial management and decision-making abilities, SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.) is fostering a meaningful and visible change in people's lives.

To ensure the effective implementation of CSR initiatives, SMFG India Credit has collaborated with various NGOs and has also engaged its rural (SMFG Gramshakti) branches for enhanced expanse. The company runs programs in multiple areas to benefit communities residing in remote parts of the country. Some of their key projects include
 
  • Nirmaya - Mobile Health Vans (MHV): SMFG India Credit has 17 MHV's, which cover 100+ villages across 10 states and support 1,000+ OPDs every day. It is one of the few organisations in India to have 17 MHV's operational under CSR
 
  • Project Jyoti – This project addresses the issue of avoidable blindness by making eye care accessible to the underprivileged in both rural and urban areas. Through 16 Vision Care Centres (VCC) and 2 dedicated Mobile Vision Care vans, more than 1,17,000 people benefited in FY23
 
  • Sakhi - Financial Literacy Programme: Under this programme, SMFG India Credit has empowered more than 30,000 women in FY23 towards better financial awareness and decision making leading to enhanced social status in their community
 
  • Krishi Mitra - Environmental Sustainability: The Krishi Mitra project promotes organic farming and emphasizes the benefits of soil and water conservation, thereby promoting nutrition and environmental sustainability. More than 5000 farmers are associated with the project for contributing to a better and sustainable world. 
Business Wire India

Movate (formerly CSS Corp), a digital technology and customer experience (CX) services provider, announced the opening of a new global delivery center at Alkarawi Plaza Centro Commercial, Barranquilla, Colombia. The center will help strengthen its presence in Colombia and leverage highly skilled local talent with multilingual capabilities to deliver high-tech and high-touch services in digital customer experience management, enterprise product support, and digital infrastructure services.

The new state-of-the-art facility, located north of Barranquilla, is a 400-seat workspace spread over 25,000 square feet. It will open new doors for Movate's global customers to benefit from the operational and technical capabilities available in the region in languages like English, Spanish, Portuguese, and French. The nearshore center will also offer deep local insights and time zone advantages to the company's growing roster of customers globally, especially in the USA.

Movate started its operations in Colombia in late 2021 in a work-from-home model to provide multilingual support for its first client, Ingenico, a global leader in payment services. Today, it has almost 200 employees here working in a hybrid model. With the addition of new client portfolios and the opening of a new delivery facility, Movate plans to employ an additional 300 professionals in the next one year.

Sunil Mittal, CEO, Movate, said, "Post the launch of our operations in Colombia in 2021, we have seen Barranquilla emerge as a strong delivery hub with outstanding multilingual service delivery capabilities that drive robust business impact for our global customers, especially in the cybersecurity, networking and fintech arena. We are thrilled to launch this new world-class facility in Barranquilla which further strengthens our ability to continue to deliver innovation and transformation with greater operational efficiencies. It also reflects our commitment to continue to provide significant opportunities for skilled local talent and contribute to the country's economic development. We are thankful to the Colombian government and the local educational institutions for their support and look forward to continuing the collaboration as we scale our operations in the region."

Alfredo Carbonel, Mayor-in-charge of Barranquilla, said,"The hiring of professionals by companies like Movate helps in the upliftment of lifestyles for the individuals as well as their families. We are working hard to attract foreign investment so that more organizations can set up their facilities, tap into the bilingual human talent that's available in the Barranquilla region and generate more employment opportunities."

Jayagopi Andhoor, Senior Vice President and LATAM Head, said, "Barranquilla has grown at a rapid pace, and is one of the most prominent nearshore locations to deliver technology and customer experience services today. With a high growth rate, favorable business climate, a strong pool of highly skilled talent, and government-backed initiatives like "Barranquilla Bilingual," this is a perfect location for doing business with ease. Our new delivery center will also offer French and Portuguese support in addition to Spanish and English."

Movate inaugurated this new delivery center in the graceful presence of the mayor-in-charge of Barranquilla, distinguished industry leaders, government officials, prominent figures from the business, and the media. 
Business Wire India

Beardbroz, a pioneering organization in the realm of technology and culture, is thrilled to announce 'Pangaea 2023,' an extraordinary event that will revolutionize the way we perceive arts, culture, and empowerment within the Web 3 community. This groundbreaking gathering had taken place on June 15, 2023 from 11 am to 4 pm at Aspin Courtyard, Beach road, Vellayil, Kozhikode.
 
Pangaea 2023 is a fusion of innovative ideas, creative expressions, and collaborative experiences that aim to shape the future of the digital realm. With a multitude of engaging activities and thought-provoking discussions, Pangaea 2023 promises to be an unparalleled event for tech enthusiasts, artists, cultural enthusiasts, and visionaries alike.
 
Key highlights of Pangaea 2023 include:
 
AI Art Showcase: Pangaea 2023 presents an exclusive AI Art Showcase that helps experience how cutting-edge technology collaborates with human creativity to push the boundaries of artistic expression.
 
Kerala's Biggest Rap Battle: Top-notch rap artists battle it out on stage, delivering fiery verses and electrifying performances that will leave the audience spellbound.
 
Web 3 Panel Discussions: Delve into the future of the Web 3 ecosystem through insightful and thought-provoking panel discussions led by industry experts.
 
Live Concert: Some of the most renowned artists and bands perform at Pangaea 2023. 

Collaborative Workshops: Engage in hands-on collaborative workshops conducted by leading experts in the field. Gain valuable insights and skills related to Web 3 technologies, digital art, music production, and much more. This is an excellent opportunity to learn, network, and connect with like-minded individuals.
 
Pangaea 2023 is a testament to Beardbroz's commitment to fostering a vibrant and inclusive digital community. By bringing together technology, art, culture, and empowerment, this event aims to inspire, educate, and empower individuals to shape the future of the Web 3 landscape says David Carmel Alex, MD. 
Business Wire India

Happay, the all-in-one integrated corporate travel, expense, and payments management solution, has again been named a Leader in the industry by securing an impressive 23 badges in G2's Summer 2023 Report. G2, a top global software business review platform, recognised Happay's excellence in multiple categories.
 
Happay's performance in G2's Summer 2023 Report extends beyond specific categories. The company also secured a coveted "Leader" badge in the overarching Travel & Expense category, competing with global legacy giants like SAP and Expensify. 
 
In addition to its remarkable achievements in the Summer 2023 Report, Happay proudly stands out as the top Indian solution to receive consistent recognition. The Bengaluru-based company has demonstrated its ability to compete globally, showcasing the expertise and innovation stemming from the Indian technology landscape. 
 
The G2 Reports are a result of real user ratings. The reports reveal which solutions have the most satisfied customers and largest market presence determined according to the volume of positive reviews a company receives. Leaders are rated highly by G2 users in the region and have substantial market presence scores. High Performers have high customer satisfaction scores and low market presence compared to the rest of the category.
 
In the flagship Expense Management product category, Happay has emerged as the Leader in India, Asia, and the Asia Pacific. Happay also managed to bag unique badges like "Easiest Admin", "Easiest To Do Business With", and "Best Usability" by getting the highest score and leaving all other competitors behind. A recognised leader in the Enterprise market, Happay also proved to be a top choice of customers by successfully bagging Leader and High Performer badges in the Mid-Market and Small Business segments.
 
Earlier this year, Happay won the CIO Choice Gold Seal of Trust 2023 for being the best T&E solution in India. Happay has also been in the news recently for hosting mega-networking events in its TEPCon (Travel, Expense & Payments Conference) initiative for finance leaders nationwide. 
 
The recent announcement by G2 is another feather in the cap for Happay and has further solidified its position as a comprehensive solution provider in the industry. G2 provides a high-level overview and is the largest and most trusted software marketplace, helping 60 million people every year make smarter software decisions based on authentic peer reviews.
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