Tuesday, June 18, 2019

Bahrain – India’s Gateway to The Gulf

Manama, Bahrain
Bahrain is one of the top 10 startup ecosystems with the largest share of female founders, according to the 2019 Global Startup Ecosystem Report (GSER), launched at the recent TNW conference in Amsterdam. Described as ‘the world’s most comprehensive and widely-read research on startups’, the report is produced by Startup Genome in partnership with the Global Entrepreneurship Congress.

India enjoys a thriving international partnership with Bahrain in many sectors. As for FinTech, the Bahrain Economic Development Board recently signed an MOU with the Government of Maharashtra, for cooperation on the promotion of FinTech in their respective markets. Indian Companies such as Rsquare Technologies and Innosoft, are currently residing at Bahrain FinTech Bay (BFB). BFB is rapidly gaining international recognition as a FinTech leader, with a number of key companies like Visa partnering with the organisation. Bahrain also continues to be the region’s leading financial services hub, through its forward-thinking regulation including the regulatory sandbox, crypto-assets, and open banking.

With 18% of its startups founded by women, Bahrain topped even internationally recognised startup hubs such as Silicon Valley (16%) and London (15%). The report also lauded Bahrain as:
  • one of the top 10 ecosystems to watch in FinTech in Europe and the Middle East
  • a top 15 Global Ecosystem for affordability of qualified talent.

H.E. Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board
H.E. Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board said, “This report draws on the views of the people who know best – entrepreneurs and founders. In a very short time Bahrain has emerged as a leading ecosystem with particular strength in FinTech. With both female founders and women taking leadership roles throughout the ecosystem, Bahrain is a dynamic and diverse market at the head of new trends that are shaping the way society and business operates.”

Dr. Ebrahim Mohammed Janahi, Chief Executive of Tamkeen (Bahrain’s Labour Fund) said, “Over the past decade, Bahrain’s startup ecosystem has made significant progress where startups can access a global network of partners to scale up and capture opportunities in Bahrain and the region.

Dr. Janahi pointed out one of Bahrain’s key competitive advantages in the region, which lies in its firm belief in the importance of women as an active player in shaping Bahrain’s economic future.

Dr. Ebrahim Mohammed Janahi, Chief Executive of Tamkeen (Bahrain’s Labour Fund)
“In line with these national objectives, Tamkeen has launched a number of ad-hoc programmes to foster the development of female-owned businesses in addition to Tamkeen’s flagship programmes supporting individuals and enterprises.” he added.

According to Dr. Janahi, to date, more than 59% of women have been served as part of Tamkeen’s micro finance support, while more than 50% were served within the business development program, which offers a Co-financing service to cover 50% of business equipment.

The Kingdom has a long history of women in senior leadership positions. Currently, a group of female leaders in FinTech is helping to steer the country’s FinTech strategy. Leading female Bahraini startup founders include Hala Sulaiman and Ameera AlQubaiti, Co-founders of Alrawi, a successful audiobook startup and Pitch@Palace Global 3.0 People's Choice 2018 Winner. Furthermore, Bahrain’s Al Waha Fund of Funds, a $100 million fund set up by the Bahrain Development Bank, has an all-female leadership.

The report also recognised Bahrain as a Top 15 Global Ecosystem for affordable talent. Bahrain boasts one of the most skilled and entrepreneurial workforces in the region, over 60% of which work in the private sector. Meanwhile, Amazon Web Services’ AWS Educate training scheme is providing Bahrainis with the necessary skills for cloud-based jobs. Interestingly, it’s estimated that more than 60% of computer science students at the University of Bahrain in 2018 were women.

Bahrain’s tax regime – the most liberal in the Gulf – and wage subsidies for new employers emerged as real differentiators among the key draws highlighted in the report. The report reflects the views of more than 10,000 founders and draws on data from over one million companies. It ranks the highest-performing startup ecosystems, cities and regions by assessing performance against the following factors: 

Market Research

About Bahrain Economic Development Board
The Bahrain Economic Development Board (EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.

The EDB works with the government and both current and prospective investors, in order to ensure that Bahrain’s investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.

The EDB focuses on several economic sectors that capitalise on Bahrain’s competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, ICT, tourism, logistics and transport.

Tuesday, June 11, 2019

Online Sleep Solutions Brand Durfi Expands its Product Offering; Introduces Durfi Dual Comfort Dr. Pillow

Bangalore, Karnataka, India
Bangalore based innovative online sleep solutions brand, Durfi, has announced the launch of its latest offering - Dual Comfort Dr. Pillow. Designed to cater to a wider range of sleeping styles – side, back or stomach - the pillow allows consumers to choose a side as per their needs. Durfi Dual Comfort Dr. Pillow comes with a soft side and a firm side, combining the benefits of comfort with its cloud comfort memory foam and support with its super support latex foam, in one innovative product.

Durfi Pillow with Foam 

If one prefers a higher level of support for neck and head while sleeping, they can use the firm side of the pillow. If one would rather sink into a cloud-like pillow at the end of a long day, the soft side is perfect for them. For restless sleepers, they can switch the pillow around multiple times in the night. The Dual Comfort Dr. Pillow is crafted with premium hypoallergenic, antibacterial, breathable materials with high-GSM anti-bacterial, skin-friendly fabric. Measuring 25 x 16 x 5 inches, it is a large pillow and is heavy enough to stay in place and can be used by entire family.

Durfi Pillow Corner

With extensive research and development to ensure global quality standards, Durfi products are made at the company’s two world class manufacturing units located at Coimbatore, and Haridwar. The products are shipped directly to customers, across 6000 pin codes eliminating middlemen and making it affordable.

Commenting on the launch, Mr. Balasubramanyam SV, General Manager, Durfi Retail Pvt. Ltd., said, "After the tremendous success of our maiden product, the Cotton Candy memory foam mattress, we are glad to add pillow to our offering with the launch of Durfi Dual Comfort Dr. Pillow. The pillow truly brings customized comfort to customers’ homes and is specifically designed to cater to every type of sleeping styles while providing superior comfort and support. We are positive that it will be a game changer in the sleep solutions market."

Starting at a price range of Rs. 1999 onwards, the Durfi Dual Comfort Dr. Pillow is available on www.Durfi.com. The product is also available at third party e-commerce sites like www.amazon.inwww.pepperfry.com among others. The pillow comes with free shipping across India.

About Durfi Retail Pvt. Ltd.
Incorporated in January 2018, Durfi is an innovative online sleep solutions brand dealing in mattresses and pillows. It soon plans to expand its product portfolio to include mattress protectors, toppers and other sleep related products. Made in India at its two world class manufacturing units located in Coimbatore and Haridwar, Durfi mattress are fully customizable and shipped directly to customers thereby making it affordable. The mattresses are a result of extensive R&D and incorporates superior features like irritation free and breathable fabric, dust mite & insect free, no sagging, quicker response to body temperature dispersal and regulation, air flow technology, no heavy metal usage, reduction of pressure points and high durability. The company has witnessed great traction since inception and has sold 3500 mattresses till date with revenues of Rs. 5 crs. It currently serves 6000 pin codes and aims to sell over 13,000 mattresses and achieve revenues of over Rs. 19 crs by 2022.

Saturday, June 8, 2019

Sharda Hospital Launches Project Arogya to Spread Awareness about Breast Cancer

New Delhi | Greater noida, India

Sharda Hospital, a state-of-the-art super-speciality hospital, is a premium model of healthcare extending medical services at par with global excellence, flagged off a ‘Breast Cancer Detection Mammography Van’ on 8th June in the presence of Mr. P. K. Gupta, Chancellor, Sharda University along with dignitaries from Rotary Club of Delhi Monarch. The vision of this project is to eradicate factors responsible for the late stage detection of breast cancer, spread awareness among women regarding symptoms and the cause and provide Breast Cancer screening, free of cost to the patients.

Inauguration of Project Arogya-Mammography Van at Sharda Hospital

A special mammogram which is one of the leading medical equipment will be on the bus with a team of doctors and nurses. This bus will travel through UP and Haryana touching the remote areas around the regions of Ghaziabad, Delhi, Noida, Greater Noida, Hapur, Gannaur, Sonipat, Pilakhua, Dadri, Sahibabad, Kundli, Indirapuram, Gohana and Modinagar. The cost of the mammogram used is US$ 102,037 (INR 7,142,602/-), it uses a machine which is designed to look only at the breast tissue because these x-rays don’t go through tissue easily, the machine takes x-rays at lower doses than usual x-rays. This provides the doctors a better picture while using lesser radiation.

Mr. P. K. Gupta, Chairman - SGI and Dr. Subash Jain, District Governor, Rotary inaugurating Project Arogya - Mammography Van

Sharda Hospital will organize Mammography Check-up Camps through this Mobile Mammography Van and more than 1200 urban and rural patients will be investigated and benefitted every year through the van. It would help in providing diagnosis at an affordable cost and would also help in diagnosing a greater number of patients with potential disease making it a significant advancement. The Breast Cancer Detection Camps will provide free of cost screening and tests to the local people and patients of the different cities facilitating detection at early stages of breast cancer at their doorstep.

Dr. Raja Dutta, COO, Sharda Hospital on the occasion said, “Although Breast Cancer can be cured with the help of early detection and the rates of survival anticipate 98%, Breast Cancer is still the 2nd most occurred cancer among the patients. As per the ICMR-PBCR data, breast cancer is the most common cancer among women in urban registries and the 2nd most common type of cancer in rural registries. The developed countries with a small proportion of the world population account for almost 50% of breast cancers diagnosed worldwide. Over 100,000 new breast cancer patients are estimated to be diagnosed annually in India. The Breast Cancer Detection Van will mark a milestone in the history of healthcare in India, providing highest standards of healthcare at the most affordable cost and optimizing healthcare relief with the purpose of overall wellbeing of cancer patients in the entire region.”

Other dignitaries present during the inauguration of Mammography Van were Chief Guest Dr. Subhash Jain AKS, District Governor, Rotary District 3012 and Guest of Honour Shri P.K. Gupta, Chancellor, Sharda University along with Dr. Raja Dutta, COO, Sharda HospitalNaman Jain, President, Rotary Club Delhi Monarch and Umang Gupta, Secretary, Rotary Club Delhi Monarch, Dr. Anil Thakwani, Director Oncology.

About Sharda Hospital
Sharda Hospital is a state-of-the-art multi super speciality hospital which offers medical care at par the global excellence. It is equipped with all modern facilities and sophisticated equipment, Sharda Hospital provides global comprehensive healthcare as preferred destination of healthcare. The hospitals’ highly qualified and experienced medical professionals offer best-in-class expert care to the patients round-the-clock. It’s highly qualified and experienced medical professionals offer best in class expert care to the patients round-the-clock.

The 900-bedded Sharda Hospital offers a broad spectrum of medical services from tertiary care in supers-specialities, general specialities, advanced diagnostics & radiology services to critical care. The hospital also has 90+ beds in critical care in the fields of medicine, pulmonology, surgery, paediatrics, neonatology, cardiology, cardiothoracic surgery and neurosciences. Pertaining to the growing demand and increasing popularity of Ayurveda, we have also established a ‘Panchakarma Centre’ at Sharda Hospital to provide massage therapies of high and positive prognostic value to the diseases that are medically unmanageable.

Launch of Africa-wide free trade zone

June 7, 2019 
The African Continental Free Trade Area (AfCFTA) is expected to be one of the world’s largest single markets, potentially boosting economic growth across a continent of 55 nations.
If all African nations join, the free trade area will cover more than 1.2 billion people and have a combined GDP of $2.5 trillion.

AfCFTA is meant to eliminate 90 percent of tariffs and create a single market with free movement of goods and services. Full implementation will take years.

The operational phase of the free trade area is expected to be formally launched on July 7 at a summit of the African Union in Niger.

Kanpur-based Jeeto Detergent Reveals Plans to Ace the Detergent Sector

Jun 08, 2019   13:44 IST
Kanpur, Uttar Pradesh, India
The detergent segment has been witnessing a decisive shift in the recent years. Many new brands are trying to disrupt the market with their products and a unique brand voice. In addition to this, competitive pricing is also being used to float a brand apart from the competitive big names in the industry. Kanpur-based Jeeto Detergent has also fastened their activities to place their brand amongst the masses in the market.

Jeeto Detergent as a brand, is working hand in hand with the Mumbai-based globally acclaimed firm 3EA for research and marketing expertise to place themselves as an affordable yet leading brand in the personal care segment, especially powder detergents. The detergent market is sprinkled with healthy competition and in order for Jeeto Detergent to disrupt the current scenario, it is pitted against brands like Rin, Fena, Ghari Detergent and Tide. According to the data procured by 3EA for the brand, the Indian detergent market is predicted to expand at a compound annual growth rate (CAGR) of 5% since last year till 2023. Nirma, Jyothy Laboratories, Fena, and Reckitt Benckiser are tapping the potential of the market, in addition to the market biggies like HUL, RSPL & P&G. This seems to be the right time for Diogy Laboratories, who manufactures Jeeto Detergent to place themselves firmly in the market and tap the rising consumer demand.

As we spoke to the team of Jeeto Detergent, they revealed that many activities are being undertaken in order to root the brand voice and brand personality in the matter. A product of Diogy Laboratories Pvt. Ltd., Jeeto manufactures and distributes products covering various segments of the detergent market. The main USP of the product being a provider of the best value for money to the customers. The team also revealed that, the consumer always wins with Jeeto, which perfectly explains their tagline 'Jeet ki Taakat'.

Speaking about the company values and future plans, Mr. Vikas Jaiswal, Group MD, Jeeto Detergent said, "We are a company of the people, for the people and by the people and our mission is to grow together. We have established ourselves in the market with a sole reason to make Jeeto a leading brand by 2025 in the FMCG industry, where we wish to have a strong presence in the north and central markets across India."

They have several plans in the pipeline, which include, localizing the production units at different places in order to tap the opportunity and garner growth locality-wise, digital and on-ground marketing activities, placing the brand voice 'Jeet ki Taakat' across all communications. In order to achieve their objective, the brand is looking to place themselves as a consumer-centric, continually improving, and evolving brand. Mr. Jaiswal further added that their ability to understand the profound changes in product technology and consumer needs helps us in making Jeeto Detergent as a brand, exactly the way a consumer desires it to be.

Jeeto Detergent is another affordable and effective product for consumers from the house of Diogy. The company is looking to adapt new market trends and practices to build an expanding customer base and strong brand equity across the detergent market segments. A new punchline - Jeet ki taakat, jeet ki taakat, jeet ki taakat, ‘jeeto’ aur dho daalo has also been added for their marketing communication. The study also revealed that Jeeto Detergent scores 8 on a scale of 10 with regards to safety norms while usage of detergents for hand-washing. This number is on par with the numbers released by the existing big players in the market. The low-spend price point (INR 10-15) is very strongly ingrained in the minds of consumers, Jeeto Detergent's affordable pricing enables them to further penetrate the market. Their presence will continue to evolve on the digital platforms in order to strengthen Jeeto Detergent as a people’s brand in the detergent market. After our conservation with the brand’s team, we can expect we will be hearing a lot about ‘Jeet ki Taakat’ in the coming months.

About Jeeto Detergent
Jeeto Detergent as a brand manufactures and distributes products covering various segments of the detergent market. It provides the best value for money to its consumers. Their core values include placing maximum emphasis on manufacturing cost-effective products, maintaining effective quality management system, complying with the safety, environmental and safety guidelines.

Tuesday, May 28, 2019

IIIT-Naya Raipur Announces Admissions for B.Tech in Data Science and Artificial Intelligence

New Delhi | Raipur, India
With the growing demand and applicability of Data Science, Data Analytics and Artificial Intelligence, International Institute of Information Technology, Naya Raipur (IIT-NR), a State University (recognized by UGC) and established as joint venture between the Government of Chhattisgarh and NTPC Ltd. in Naya RaipurChhattisgarhIndia has launched India’s first integrated B.Tech program in Data Science & Artificial Intelligence from the academic year 2019-20. IIT-NR has also launched an M.Tech program also in Data Science & Artificial Intelligence from the coming Academic Year (2019-2020). With this IIIT-NR will be amongst the first institutes in India to offer both B.Tech and M.Tech programs in this fast emerging, futuristic technologies. The new integrated programs in Data Science & AI offered at IIIT-NR is designed to produce students with strong foundation of both theory and practice of disruptive technologies like Data Science, Artificial Intelligence and Machine Learning, the skills that are in great demand in corporate today. The worldwide market for data analytics has been anticipated to display a CAGR of 30.08% between 2017-2023 to outperform a valuation of USD 77.64 billion. Web crawlers and in-house Data Scientists are needed today in almost every industry, for purposes like collection of data from internal and publicly available data sources. Data analytics can be utilized to build income, respond to rising patterns, improve operational proficiency and streamline marketing to make an upper hand. The service sectors where Artificial Intelligence will make a lot of difference are healthcare, finance, aviation, manufacturing, and logistics. India’s services sector has a significant potential opportunity to cater to the demand for data cleaning and human-augmented AI.

IIIT-Naya Raipur

Dr. Pradeep K. Sinha, VC & Director, IIIT Naya Raipur said, “The fast-paced growth of data and the amount of knowledge that is being drawn out of this data has created many new and exciting opportunities for students having deep knowledge of Data Science and Artificial Intelligence. The scope of our new B.Tech. program in DSAI shall include methods and algorithms involved in collecting, curating, managing, analyzing, and transforming data into information, which in turn enables creation of knowledge and decision-making in a variety of application domains.”

Dr. Rajarshi Mahapatra, Dean (Academics), IIIT-NR said, “The new B.Tech. program emphasizes on both fundamental concepts from the fields of computer science, statistics, and mathematics that are essential for analyzing the growing amount of data captured by many sources such as internet, social media, sensors, automobiles, environment etc. In this program, students will do projects to analyze the impact of data-driven decision making on all areas like agriculture, security, healthcare, commerce, industry, banking, insurances, transportation, city planning, etc. in line with IIIT-NR project-based learning.”

Some of the most popular firms that hire successful graduates of the specialization are Microsoft, Oracle, IBM, Infosys, TCS, Tech Mahindra, HCL, Accenture and more. As, Artificial intelligence (AI) is all set to have a fundamental impact on the global labor market in the next few years, there is a huge demand for professionals in the field. Some of the lucrative jobs one can pursue are Machine Learning Engineer, Data Scientist, Business Intelligence Developer, Research Scientist and Big Data Architect.

About IIIT-Naya Raipur
Dr. SPM IIIT-Naya Raipur, established by the International Institute of Information Technology University Act, 2013 of the Government of Chhattisgarh, is a joint venture by Chhattisgarh State Government and National Thermal Power Corporation (NTPC). Dr. SPM IIIT-NR's fifty-acre residential campus is located in the newly developed smart city of Atal Nagar, approximately 23 kms from the city of Raipur. The vibrant lush green campus of IIIT-NR is enabled with Wi-Fi connectivity, CCTV surveillance, hi tech security measures and excellent amenities for sports and other recreational activities. The modern architecture of the buildings and the serene environment of the campus foster an ambience for the students for creativity and innovation. The classrooms are equipped with state-of-the-art technologies for teaching and learning. The institute is committed to pursue excellence in higher education, research and development in Information Technology (IT) and associated disciplines. It firmly believes in bestowing knowledge dissemination and imparting entrepreneurial skills to the students to enable them to address real world problems. To empower this vision, IIIT-NR fosters state-of-the-art research and product development.

Catalyze Celebrates 10 Years of Bespoke Online Learning

May 28, 2019   14:10 IST Chennai, Tamil Nadu, India
Catalyze Center for Learning www.catalyzecenter.com celebrated its 10th Anniversary to commemorate the company’s presence and achievements in the global Online tutoring Space for a decade. Catalyze offers live interactive online classes in verticals such as school education and Competitive examswww.catalyzecenterneet.comwww.catalyzesat.com, providing personalized and customized programs to students world over. The company’s proprietary technology platform enables tutor student interaction through Live audio video classes and an interactive white-board.

Classroom learning cannot cater to the individual needs of the students. At Catalyze we bridge learning gaps and work with the students in a one on one or a small group learning environment, considering the unique and individualized learning curve of every student. Our students develop a firm knowledge base as the attention is focussed. The live classes are conducted by expert faculty, with the help of technology and “Our flipped class”, difficult concepts are easy to understand. The customized modules help each student excel based on their unique learning curve. We have observed that student scores improve by 30-40%. Our live interactive classes have an advantage over Video/content modules as a tutor is present to guide and interact with the student for concept reinforcement, doubt clearing and focussing attention which is the need of the hour,” says Founder and CEO Dr. Rajashree Krishnaswamy.

Catalyze’s Bespoke online classes offer the convenience of learning from home in a safe environment, obtaining the best faculty on the screen with seamless technology and class recording options. Online classes brings qualified experienced faculty to your screen without any geographic barrier. Catalyze’s unique 360 degree student evaluation is a wonderful system for the students to benchmark themselves. Catalyze offers academic progress through regular assignments, assessments, student records and PTMs. Their technology platform integrates an online library with online test creation for seamless evaluation and sharing of knowledge.

In the last 3 years we have crossed 100,000 BESPOKE LIVE interactive tutoring hours, with global students across multiple verticals with a tutor strength of 75. Catalyze today caters to students in USA, UK, Europe, Africa, Middle East, India, Singapore, Australia and New Zealand, ” says Co-founder and COO Mr. Sanjay Chandrasekhar.

Many high achieving employees were also recognized and honoured at the event for their contributions. Ever since its inception Catalyze has provided work from home opportunities to highly qualified women who teach online and further go on to take admin roles. Employing women also directly leads to contributing to the economy and the GDP. The tutors are selected through a rigorous Catalyze’s 5 step selection process and are internally trained.

About Catalyze
Catalyze’s bespoke learning philosophy has contributed to the academic flexibility and success of schoolers, homeschoolers, sports men and musicians who chose to opt for open curricula (NIOS) or private candidature (Cambridge) as well. The company offers classes in Indian (State, CBSE, ICSE) and International curricula (IGCSE, IB, K12, Australian) from Grades 1 to 12 as well as competitive exams (NEET, IIT-JEE, SAT, ACT, IELTS, TOFEL, Advanced Placement).