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Business Wire India - Multimedia: Digest for September 07, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India

Capillary Technologies Appoints Melody Mitchem as Global Head of HR

Wednesday 06 September 2023 12:30 AM UTC+00
Business Wire India

Capillary Technologies, a global leader in loyalty technology solutions, is pleased to announce the promotion of Melody Mitchem to the position of Global Head of Human Resources. Melody's appointment comes as a result of her exceptional contributions to the company since her arrival through Capillary's acquisition of Brierley.
 
In her short time at Capillary, Melody has demonstrated remarkable leadership and strategic prowess. She seamlessly took over the responsibilities of the US HR division and played a pivotal role in the successful integration of the recent acquisitions into the Capillary fold.
 
As the newly appointed Global Head of HR, Melody will spearhead the development and direction of a comprehensive and unified HR function across Capillary's global operations. Her extensive experience and proven track record in Human Resources, spanning over 25 years, have solidified her position as a respected leader in the industry.
 
Before joining Capillary, Melody led the HR team at Brierley since 2015, where she cultivated a culture centered around the belief that "Happy and engaged employees translate to successful and satisfied customers." This philosophy aligns perfectly with Capillary's vision and values, making her an ideal choice to further enhance the company's commitment to employee satisfaction and customer success. She envisions Capillary as "The Best Place to Work" and is dedicated to creating an environment that fosters innovation, collaboration, and personal growth for all employees.
 
Anant Choubey, co-founder and COO of Capillary said, "We are delighted to announce Melody Mitchem's promotion to the role of Global Head of HR. Melody's remarkable contributions since joining us through the Brierley acquisition have already made a significant impact on our organization. Her expertise and dedication to fostering a positive work environment align seamlessly with our company's values. We are confident that under Melody's leadership, our HR function will continue to flourish and support our employees around the world."
 
"It is an incredible honor to take on this new role at Capillary. The company's commitment to its employees' growth and well-being is truly inspiring. I am excited to lead the HR team in building a global function that not only supports our employees but also empowers them to excel. Together, we will continue to drive Capillary's vision of becoming The Best Place to Work, where engaged employees drive exceptional customer success," says Melody Mitchem.
 
Capillary's leadership is thrilled about Melody's well-deserved promotion and the transformative journey that lies ahead. The entire Capillary community congratulates Melody on her new role and wishes her continued success in driving the company's people-centric initiatives.

Fibe Wins Best Fintech Startup Award at the G20-DIA Mega Summit 2023

Wednesday 06 September 2023 08:44 AM UTC+00
Business Wire India

Fibe (formerly EarlySalary), which is India's leading consumer lending app has received an incredible milestone by winning first place in the category of Best Startup in Fintech at G20-DIA Mega Summit 2023. This high-profile international summit, conducted under the leadership of the G20 Digital Innovation Alliance (G20-DIA), encourages collaboration, innovation, and policy debates to address significant concerns in the digital age.

The Ministry of Electronics and Information Technology (MeitY) and its startup hub organized the G20 Digital Innovation Alliance Summit in Bengaluru to encourage and recognise digital innovators' global economic concerns. Delegates from the G20 countries gathered with representatives from 9 guest countries and 174 startups including policymakers, business leaders, young innovators and investors. These start-ups received mentorship, workshops, investor engagement, and presentations at the grand summit.
 
Fibe's innovative solutions, which use technology to offer secure and easy financial experiences, have transformed the fintech sector. It has also changed traditional financial assumptions with an ongoing dedication to innovation, opening new ways for effectiveness, accessibility, and inclusivity. Fibe's success at the G20-DIA Mega Summit 2023 shows its commitment to bringing about actual change in the finance sector.

On this prestigious achievement, Akshay Mehrotra, Co-Founder and CEO of Fibe said, "Being recognised as the Best Fintech Startup is a powerful testament to our team's unwavering dedication to transforming the future of finance through innovative technology. This prestigious award fuels our pride and fires an even deeper desire within us to continue pushing boundaries while creating genuine change. Our solid dedication to reshaping the financial sector and empowering individuals worldwide through groundbreaking technologies remains constant as we move forward."

Adding to this Ashish Goyal, Co-Founder and CFO of Fibe said, "Our team's unwavering goal of reinventing the future of finance is demonstrated by being named the top fintech company at the G20-DIA Summit. For everyone at Fibe, it is a time of great pride. We are pleased to be at the vanguard of change, promoting economic growth, and reshaping the world's financial ecosystems with a vision to empower people and businesses through cutting-edge solutions."
Business Wire India

Tata CLiQ Luxury, India's premier luxury lifestyle platform, has launched Indi Finds, a dynamic store that will delight fashion enthusiasts and help them keep up with the latest trends throughout the coming festive season and beyond. Launched in a bid to scale up the presence of Indian labels and homegrown fashion brands on the platform, this unique store will allow consumers to experience the treasures of Indian craftsmanship with thoughtfully curated finds from niche homegrown brands in the women's fashion category, where traditions meet modern aesthetics. 
 
While the Indiluxe boutique on Tata CLiQ Luxury offers a range of thoughtful brands, truly exquisite in Indian heritage and craftsmanship, across fashion, lifestyle, and home categories, the Indi Finds store will tap into women's inherent way of shopping through 'discovery'. The store will help consumers discover a wide range of homegrown brands in the fashion category that are known for their modern and elegant designs and offer a world of exclusivity beyond the mainstream. 
 
In the first phase of the launch, Indi Finds will primarily focus on offering a wide range of women's apparel, with a strong emphasis on ethnic wear. This selection will include kurtas, co-ord sets, suit sets, and more, all tailored to meet the demands of the upcoming festive season. Additionally, the store will feature a dedicated section for men's clothing. There will be an addition of 15 unique, homegrown brands in the festive fashion category to the existing collection. These brands are renowned for their exceptional craftsmanship and are attractively priced. Some of the notable names to be featured on the store are Anuja Banthia, B'infinite, Ek Katha, Grass and Sunshine, Karaj Jaipur, Khamaj India, Ganga Fashions, House of Manaa, Monojolika, Mushio, Nero, Palak and Mehak, Radhika Jindal, Shibui, Ted Frede, and Zazu.
 
Commenting on the launch of the store, Mr. Gopal Asthana, CEO, Tata CLiQ, said, "With the launch of Indi Finds, our aim is to provide a platform for women consumers to discover contemporary homegrown brands and elevate their shopping experience by featuring occasion-based curations to make the exploration of these brands a delightful experience. The brands featured in the store are aware of the latest fashion trends and are able to integrate them into the collections they offer. In addition, they are known for the quality of their products and the craftsmanship that goes into making them. We believe that fashion is a form of self-expression, and the curated selections available on the store are designed to empower women to express their individuality through their style this festive season."
 
The Indi Finds store will be adding 80 new and premium fashion-forward brands for women consumers, expanding its assortment from apparel to include accessories and footwear for this festive season. Every season, the store will be refreshed to add new brands, thus addressing the what's new appetite among women consumers and enabling them to discover the latest collections from homegrown brands.
 
This festive season, browse and shop for ethnic wear from an array of homegrown brands only on Indi Finds: https://luxury.tatacliq.com/indifinds. 
Business Wire India

Air pollution transcends borders, necessitating collective action. According to WHO, a staggering 99% of the global population breathes unsafe air, resulting in 6.7 million premature deaths each year. These alarming statistics underscore the pressing need for shared responsibility in combatting air pollution – both outdoor and indoor. As we observe International Day of Clean Air, this September 7th, it's vital to reflect upon depleting indoor air quality too. Since we spend 90 per cent of our time indoors, at office or home, as per WHO's stats, it has become impossible to escape the inter-related hazards of pollutants like smog, smoke, and excessive CO2.
 
Air purifiers play a pivotal role in enhancing indoor air quality and abating health risks. In the quest for cleaner indoor air and improved well-being, Zensational air purifier by SHARP-QNET emerges as a true game-changer.
 
SHARP-QNET Zensational - Experience Forest-Fresh Air:
 
Zensational, a SHARP-QNET collaboration, harnesses the power of Sharp's patented Plasmacluster Ion Technology, passive filtration, and the advanced 7-Detection Intelligent modes to completely change your indoor air quality. With its energy-efficient and whisper-quiet operation, Zensational guarantees that each breath you take is imbued with cleanliness and freshness, encompassing a room coverage of 530 sq. ft!
 
How Does Zensational Work
 
Based on Plasmacluster Ion (PCI) Technology: Just like nature itself, Zensational produces both positive and negative ions, effectively eradicating 29 different types of microbes found in households, including H1N1, Cladosporium, and E. coli. Moreover, it boasts the ability to autonomously detect PM2.5, dust, odours, humidity, temperature, light, and motion. The outcome? Air as pure as a forest breeze.
 
Superior Triple Filtration: Zensational combines pre-filtration, activated carbon filtration, and true HEPA filtration to capture 99.97% of particles as small as 0.3 microns. The PANDAA filter excels at eliminating unpleasant odours and performs a dual function by neutralising harmful gases and transforming them into harmless vapours.
 
Embrace the gift of cleaner air and better health with Zensational, a product that has earned the trust of over 35 credible global laboratories. It's your key to breathing easier, living healthier, and enjoying the bliss of pure, clean air.
 
For a deeper understanding, learn more about SHARP-QNET Zensational air purifier – the responsible and intelligent way to enhance indoor air quality.
Business Wire India

  • Spread over 44.2 acres, the new plant aims to generate direct and indirect employment for 500 people
  • Intends to source around 50,000 tonnes of potatoes, with focus on sustainable farming that is expected to benefit 5,000+ farmers over next few years
  • PepsiCo India targets to intake 100% diverse talent and aiming atleast 75% women representation at the plant
  • Aims to set up a community learning centre at Women's ITI campus, Nalbari to upskill women over the next two years 

Establishing its 'Partnership of Progress' with the state of Assam, PepsiCo India announced its first foods manufacturing plant in Nalbari, Assam with an investment of INR 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment opportunities to 500 people. To mark this significant step in its commitment to India, a Bhumi Pujan ceremony was organized by PepsiCo India, graced by Dr. Himanta Biswa Sarma, Hon'ble Chief Minister of Assam along with key senior dignitaries from the State Government. Eugene Willemsen, Chief Executive Officer – Africa, Middle East & South Asia, PepsiCo, and Ahmed ElSheikh, President, PepsiCo India were accompanied by senior leadership from PepsiCo India at this historic moment.

Following the Bhumi Pujan ceremony, PepsiCo India signed a Tripartite MoU with Assam Skill Development Mission and Directorate of Employment & Craftsman training for fostering women empowerment and creating a safe & supportive work environment to enhance women employability in the region. The plant targets to intake 100% diverse talent and aiming atleast 75% women representation and intends to set up its first Community Learning Centre at Women's ITI campus, Nalbari to upskill women over the next two years.

Being an agri company at heart, PepsiCo India has been consistently working with the farmer community across India, the coming of new foods plant in Assam will further strengthen its efforts with the aim to assist and improve livelihoods of over 5,000+ farmers over the next few years. PepsiCo India will also provide farmers with growth opportunities by using state-of-the-art technology, high-quality seeds and affordable machinery with the goal of sourcing 50,000 tonnes of potatoes from the state, to produce its iconic brand Lay's. The plant will also generate demand for cold storage capacity of 60,000 tonnes over the next few years.

Speaking at the occasion and addressing the gathering, Hon'ble Chief Minister of Assam, Dr. Himanta Biswa Sarma, said, "This historic occasion marks the beginning of a new partnership between Assam government and PepsiCo India. On behalf of the people of Assam, I welcome PepsiCo as partners in the path of progress. We are transforming Assam into a preferred state for investment, and I assure PepsiCo of our full support for this greenfield foods manufacturing plant. PepsiCo India aims to offer special training to women of Assam and help them gain new skills, enabling women empowerment in the state. I congratulate the people of Assam, especially Nalbari, who will benefit from this partnership."

Eugene Willemsen, Chief Executive Officer – Africa, Middle East & South Asia, PepsiCo, said, "India stands as a robust cornerstone among the world's leading economies, underscored by its impressive growth trajectory. India is amongst the fastest growing markets for PepsiCo in AMESA region, and we are committed to invest in the nation to build capacity. Our first foods manufacturing plant in Assam is a testament of our long-term vision and unwavering support to the economic growth of the country by creating an equitable and sustainable ecosystem. This plant is poised to integrate the finest elements of PepsiCo's global expertise while contributing to Assam's holistic advancement. This decade is a decade of India and at PepsiCo, we are focused on building capabilities, availability and expanding penetration across the nation."

Ahmed ElSheikh, President, PepsiCo India, said, "In alignment with the Government of India's Self-Reliant India vision (Atmanirbhar vision), our investment in the greenfield facility in Assam stands as a significant milestone in our pursuit of this goal. Through the creation of employment opportunities and by empowering the farming community, our aim is to support the government's drive for self-sufficiency in potato production. Our skilling initiatives will further focus on fostering an ecosystem of economic empowerment for the women of Assam, equipping them with essential training and parity in opportunities. With this new facility, we anticipate a transformative impact on Assam's entire ecosystem, reinforcing our 'partnership of progress' with the State Government."

Aligned with its 'Winning with pep+' philosophy, PepsiCo India will be implementing renewable practices within the plant to fulfill its water and energy needs with the target of using over 80% renewable energy. The plant is expected to generate significant opportunities for businesses representing the MSME industry including packaging products like laminates, carton, scrap and other local ancillary industry, positively impacting the local industrial ecosystem. 
Business Wire India

As digital payments continue to gain ground overshadowing traditional cash transactions, the demand for secure and efficient payment platforms is on the rise. Against this backdrop, Singapore based International Payments Identity (iPiD), and Digit9 – a product of LuLu Money (Singapore) Pte. Ltd., and a wholly owned subsidiary of the Abu Dhabi based financial services conglomerate LuLu Financial Holdings, have signed a strategic partnership on the sidelines of the ongoing Global Fintech Fest 2023 being held at Mumbai, India, to address this crucial industry need.

The partnership expands Digit9's reach, allowing its users the additional benefit of payee verification on its proprietary remittance-as-a-service (RaaS) platform when sending real-time payments globally to India, USA, China, South Korea, Indonesia, Vietnam and Nepal among other countries. This includes the ability to instantly fetch and verify the authenticity of the payee name, bank account and mobile wallet details while adding a beneficiary for cross-border transactions.

This collaboration marks a significant milestone in iPiD's mission to enhance digital payment security and operational efficiency. With iPiD's receiver identity verification capabilities seamlessly integrated into the Digit9 platform, customers can now experience a secure and intuitive process for cross-border transactions.
Commenting on the partnership, Mr. Richard Wason, CEO, LuLu Financial Holdings, said, "Security and compliance are the cornerstone of the cross-border payments industry today, for their role in reducing costs, processing time and transparency. We are delighted to partner with iPiD to improve the quality of our services by ensuring the accuracy of beneficiary account information, thus guaranteeing peace of mind for our valuable customers."

Alain Raes, Founding Partner and Chief Commercial Officer of iPiD, expressed, "Digit9 is emerging as one of the most promising remittance platforms across the Middle East and Asia. We believe that the receiver identity verification capabilities offered by iPiD would enhance the operational robustness of the Digit9 platform by offering Digit9's customers with a secure and intuitive platform for cross border payments."
Business Wire India

As digital payments continue to gain ground, overshadowing traditional cash transactions, the demand for secure and efficient payment platforms is on the rise. The collaboration between iPiD and Fable Fintech comes at a pivotal moment, promising to address this demand.
 
This partnership will further expand Fable Fintech's reach, allowing its users additional benefits of payee verification when sending instant payments globally to India, Indonesia, Nepal, Nigeria, Pakistan, USA, Vietnam, China, South Korea, Bangladesh and more.
 
With this integration, customers can enjoy the peace of mind that their payments are executed with unmatched precision and security, minimizing the risk of fraud and ensuring seamless transactions. iPid thus ensures for its customers a greater control over their financial activities, making it easier and safer to manage finances across borders.
 
Naushad Contractor, CEO, Fable Fintech, speaking on this collaboration, said: "Fable Fintech is a leading Cross Border payment Infrastructure globally. Our partnership with iPiD helps to enhance this infrastructure. On the other side, Banks and other entities who benefit from iPiD would get access to world-class tech to either introduce efficiency or to replace their legacy platforms. The symbiotic nature of this partnership is extremely exciting for Fable Fintech."
 
Alain Raes, Founding Partner and Chief Commercial Officer of iPiD further added: "We are thrilled to announce our partnership with Fable Fintech. The combination between the iPiD account validation platform and the end-to-end cross-border payment solutions of Fable Fintech will allow financial institutions, SMEs and large-scale organizations to process payments with a much higher level of certainty and to mitigate therefore the risk of fraud and reject. We are looking forward to a very successful combination of values for our clients."
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