Wednesday, July 26, 2017

Air India SATS Unveils ‘AISATS Cargo’ App for Real-Time Cargo Tracking at KIA, Bengaluru

Air India SATS Airport Services Pvt. Ltd. (AISATS), India’s premier airport services company has launched a mobile app ‘AISATS Cargo’ to facilitate the cargo tracking process at AISATS Air Freight Terminal and at AISATS COOLPORT, located at Kempegowda International Airport (KIA), Bengaluru.

P. Anjani Kumar - IRS, Commissioner of Customs-Airport & ACC, Bengaluru along with M R Reddy & Bipin Kumar Upadhyaya, Joint Commissioners of Customs and Harshvardhan Umre, Additional Commissioner of Customs launched the app at AISATS Airfreight Terminal at BLR. Stakeholders from Bengaluru International Airport Limited (BIAL), Cargo Trade Associations (CTA) and partner airlines were also present at the occasion. AISATS is the first and the only air cargo operator at Bengaluru to develop this free on-the-go app to provide its customers with comprehensive cargo-tracking solutions.

This user-friendly app, picks up cargo movement data from COSYS and provides real-time information on flight schedules, Air Way Bill (AWB) shipment tracking and e-Delivery Order (e-DO) status. The user can input the AWB number and obtain the current status of a shipment such as date of uplift/arrival, number of pieces, weight as well as approval status of the delivery order through its e-DO feature. The ‘AISATS Cargo’ app will increase efficiency of the supply chain by relaying relevant information of the cargo to key stakeholders.

Speaking on the launch of the app, Mike Chew, CEO, AISATS said, “AISATS has always been at the forefront of digitization and is quick to adopt information technology to introduce innovative solutions in the air cargo industry. The AISATS Cargo app will aid in the ease of doing business by enabling seamless availability of data at any given time. This will ensure maximum benefit and convenience to our stakeholders.”

AISATS handled a total of 1, 42, 033 tons of cargo in the FY 16-17 at Kempegowda International Airport.

LIC Mutual Fund Mandates Trend Micro to Secure its Endpoints, Network and Data Centres

Trend Micro Incorporated, a global leader in cybersecurity solutions, provided a complete suite of solutions securing endpoints, network and data centres for LIC Mutual Fund, one of India’s prominent asset management and financial product advisor. This comes at the back of the recent announcement of Trend Micro securing SBI’s 2.75 Lakh endpoints across 26,000 branches. Trend Micro implemented a ‘Connected Threat Defense and Response Strategy’, that was efficient enough to detect and block threats across all channels.

LIC Mutual Fund deployed Trend Micro solutions which provided visibility into potential security threats and increased protection against zero-day vulnerabilities. It also improved operational efficiency by reducing unscheduled patching events, customer code fixes, and enhanced productivity due to reduced unscheduled downtime. Deployed as a single, multifunction agent across all environments in the data centres, Trend Micro solutions addressed resource contention issues and helped to simplify security operations. LIC Mutual Fund also benefits from a centralized management solution that provides a single, integrated interface to manage, monitor, and report across multiple layers of security.

Over the past few years, cyber criminals are employing more sophisticated technology, which has led to a drastic change in the global cybercrime landscape. With demonetization, cashless economy and smart city campaigns, India has emerged as a focus market for cyber criminals across the globe. In line with this, despite having a sound IT infrastructure, LIC Mutual Fund decided to take preventive measures and approached Trend Micro. Subsequently, Trend Micro has offered powerful solutions to LIC Mutual Fund, which enables threat protection and data security for users.

“For LIC Mutual Fund, we ensured that servers and endpoints were not vulnerable and defended against zero-day threats, breaches, and business disruptions by adapting a virtual patching mechanism. We also deployed a strong network defense strategy that gave 360-degree visibility and counter measure in place to supplement the traditional security they used. The solutions offered by us resulted in improved operational security, operational efficiency, ease of security management and integration and automation,” said Nilesh Jain, Country Manager - (India and SAARC), Trend Micro.

“It is important that the security solution integrate seamlessly with the existing established IT infrastructure. Therefore, we essentially made sure to integrate company’s IT ecosystem to deliver cutting-edge protection without impacting on system performance,” he added.

“With ever-growing security risks and a complex IT environment, it was very important to find a flexible, customizable, easy-to-manage solution suitable for our business. Partnering with Trend Micro led to a harmonious collaboration that helped us combat the challenges of securing and protecting our data and network from potential security risks and cyber threats,” said Prashant Thakkar, Chief Technology Officer and Head of Strategy, LIC Mutual Fund Asset Management Limited.

Monday, July 24, 2017

Genpact Social Impact Fellowship 1.0 Impacts Lives of 70,000 Indian Students


Genpact, a global professional services firm focused on delivering digital transformation for clients, today announced the graduation of the first batch of the Genpact Social Impact Fellowship (GSIF) program. The year-long fellowship program in partnership with EdelGive Foundation, the philanthropic division of Edelweiss Group, deploys process excellence experts to generate social impact. In the first year, six fellows chosen among hundreds of applicants have been engaged in high-impact projects to create systemic change in the social sector.

Leveraging EdelGive Foundation’s experience in the social sector, the six GSIF fellows have collaborated with three leading non-profit organizations working in the area of education in India. Using Genpact’s core Lean Six Sigma expertise for designing and transforming processes, they significantly improved and eliminated redundant processes. Leading to better collaboration and compliance, the enhanced processes will transform the lives of more than 70,000 students in India.

“There has always been a need for additional capability building in the non-profit sector. Companies must focus on leveraging their skillsets to develop sustainable and scalable social impact. The Genpact Social Impact Fellowship is a unique bridge between the social and corporate sectors that allows our fellows to use Genpact’s deep process expertise to drive impact in the social sector. It’s heartening to see that the Fellows were able to leverage best practices from the social sector and Genpact to focus on the end goal – generating impact for the children,” said Sasha Sanyal, SVP and Business Leader, Insurance, Diversity and CSR.

Partnering with Teach For India (TFI), Anuj Chopra and Shreya Khedia have created a playbook of Common Minimum Practices (CMPs) for TFI program managers that will help 10,000 students get 100 more learning hours in a year. In a unique project with Kaivalya Education Foundation (KEF), Genpact employees Tulsi Sahu and Seban Babu reengineered processes for the delivery of scholarships, mid-day meals, and textbooks to help 55,000 students receive their books and scholarships on time. Standardizing Udayan Care’s existing process framework allowed Pankaj Bhatia and Samarendra Patra to create a playbook for their employees so that the non-profit can double its impact by 2020 and touch the lives of 9,000 underprivileged girls.

“Combining the philanthropic expertise of EdelGive with Genpact’s Lean Six Sigma proficiency, the Genpact Social Impact Fellowship goes beyond traditional funding. The first edition of GSIF has yielded wonderful results and we hope to continue this journey well into the second year,” said Naghma Mulla, COO, EdelGive Foundation.

The second batch of the fellowship is being launched with twice as many of fellows as well as non-profits. The open fellowship program invites applications from interested people from all backgrounds with a demonstrated passion for social impact. Genpact aims to develop GSIF into a successful, scalable program that can serve as a model for many other organizations wanting to make a lasting difference in the social sector.

TiE Mumbai’s SmashUp 7.0 Brings Together Successful Entrepreneurs

SmashUp, one of the flagship events of TiE Mumbai was held at ISDI ACE, Lower Parel over the weekend. In the last 7 years, SmashUp has brought together new and aspiring entrepreneurs to exchange ideas and boost peer learning from successful entrepreneurs. SmashUp is a platform where ideas mature into action plans inspired by stories of successful as well as not so successful strategies.

The main highlight of the conference was Smasher Award – a Spot funding platform created by TiE Charter Members, wherein six shortlisted startups pitched for a grand prize of $40K (~ Rs 25 Lakhs). Each StartUp was given 15 mins with the investors (5 mins to pitch, 5 mins Q&A and 5 mins to discuss the details of funding). This year, the Smasher Award was bagged by a startup called IPHawk. It was funded by Sanjay Mehta, Dewang Nerella and other TiE Angels. The group of angel investors will become mentors and open doors for the StartUp rather than just passive investors.

Founders of Purple Squirrel, TinyOwl – Saurabh Goyal, Taskbob – Assem Khare, Zimmber – Anubhav Goel participated in a session called ‘StartUp Tales: Starting the 2nd Innings’ where they narrated their struggles, challenges in starting a venture, guide to raising the first million, surviving the first year after fund raising and finally the process of shutting down. Situations related to investors, staff relations and reasons for calling it quits which have never been spoken in open forums were discussed by these daredevil founders.

Commenting on the grand success of SmashUp 7.0, Anand Desai, President, TiE Mumbai said “Over the years SmashUp has established itself as a platform where entrepreneurs get access to and direction from those who have walked the path. This year too, SmashUp is successful in meeting expectations of the startup ecosystem. TiE Mumbai’s mission is to foster entrepreneurship and we will continue to give new entrepreneurs access to the startup ecosystem.”

Ridesharing App Uber India Appoints Sanjay Gupta as Head of Marketing


Uber, the ridesharing app that is redefining urban mobility across the world, recently appointed Sanjay Gupta as the Head of Marketing for Uber India. With over 15 years of experience in brand and consulting, Sanjay will focus on further strengthening brand Uber in India.
On his appointment as the Head of Marketing, Uber India, Sanjay Gupta said, “I’m excited to join Uber at such an opportune time. Uber is redefining urban mobility and has created a unique experience for riders and driver partners across the country. I’m looking forward to working with the super-talented team at Uber and take it to its next phase of growth in India.”

Prior to joining Uber, Sanjay was the Chief Marketing Officer at Urban Ladder. During his 10-year stint with Marico, he led the charter for Saffola’s journey from a single category niche brand to a food brand strengthening its association with preventive heart care.

One of the sharpest marketing minds in the country, Sanjay was recognised as India’s ‘Top 40 Under 40 Hottest Business Leaders’ in 2015. Several marketing campaigns created by him have also won recognition at EMVIE and Effie, leading advertising and media awards in the industry. His expertise lie in delivering growth, evangelizing strategic brand shifts and building power brands. Sanjay is passionate about leading the growth, innovation and people agenda.

ITC Infotech’s iTech 2017 Sets Tech Benchmark to Ride Waves of Disruptive Change in the IT Industry


ITC Infotech, a global scale full service provider of technology solutions and a fully owned subsidiary of ITC Ltd, successfully concluded the third chapter of ‘iTech 2017’, its annual technology innovation & co-creation platform.  As part of iTech 2017, ITC Infotech organised a codeathon and a startup showcase on July 22 & 23, 2017, at its Bangalore campus. Microsoft Azure was the official cloud partner  for the event.

At the Start-up Showcase, innovative start-ups from  across the country got an unique  opportunity  to present their solutions in front of ITC Infotech’s global client representatives and senior leadership of ITC Infotech and ITC Ltd.. These solutions, based on Artificial Intelligence, Machine Learning, AR, VR etc., addressed real-world industry challenges crowd sourced from across ITC Infotech’s global client base, as well as from ITC Ltd. Two start-ups, inFeedo and Aindra won a grant of Rs. 5 Lacs for a paid POC each, and the chance to co-develop their solution with ITC Infotech as a part of its go-to-market strategy. inFeedo presented a chatbot that can talk to employees and proactively  identify those who are unhappy or most likely to leave. AIndra developed an AI based - face recognition/ verification/ validation, visitor tracking, damage detection to use in machine learning, also, asset review and management.

The codeathon brought together some of the sharpest technology minds in the country  to compete, create and code for complex business applications. The participants addressed various challenges ranging from social chats to jigsaw puzzles to  demonstrate their programming expertise and mettle in technological innovation. . The winning group titled: Latch, used Node JS, Django and Bots to create a social chat application. They walked home with a cash prize of Rs. 3 Lacs. The first runners-up titled: Offline Champs, demonstrated how to cache and update content offline using Magnolia CMS on the iOS Platform. They won a cash prize of Rs 2 Lacs. The second runners-up, titled: Sparks, created a smart solution for push notifications for all mobile platforms using Node JS and won a cash prize of Rs. 1 Lac. Special jury awards of Rs. 25,000 each were also given to three promising participants.

The panel of judges consisted of business leaders from ITC Infotech’s partners and global clients, such as KONE, Sutter Health and Woolworths along with senior leaders from ITC’s businesses.

Commenting on the success of the event, Sushma Rajagopalan, CEO & MD, ITC Infotech, said, “iTech is not just another technology event but an innovation platform that creates an ecosystem of students, IT professionals, entrepreneurs,  start-ups, technology enthusiasts, clients and partners to create solutions for real business challenges. With each passing year, iTech has grown into an extremely  sought after platform,  inspiring new waves of technological advancements and innovations. This year again, it was successful in spotting the best talents across the country and brought to light the great technology potential of “digital India”. Like each year, we will work closely with the winners and help them implement their solutions and assist them in gaining global market access in an accelerated time frame.”

The third chapter of iTech 2017 received around 3,500 entries for its codeathon and 36 teams were shortlisted for the final round of development. For Start-up Showcase, 15 shortlisted start-ups were invited to showcase their solutions at the event as a part of the start-up showcase. Adding to the success of iTech 2015 and iTech 2016, iTech 2017 was another milestone achieved in nurturing the digital ecosystem and bringing together entrepreneurs to celebrate technology.

Dr Somesh Mittal Appointed CEO of Vikram Hospital, Bengaluru


Vikram Hospital, Bengaluru’s trusted quaternary care and multi-specialty health facility, today, announced the appointment of Dr Somesh Mittal as its new CEO. The appointment is with immediate effect as Dr Mittal assumes his responsibilities in the new role.

Vikram Hospital, Bengaluru is owned by Multiples, a US 1 billion private equity platform spearheaded by Ms. Renuka Ramnath.  

Speaking on the appointment, Renuka Ramnath, Founder Multiples and Chairperson Vikram Hospital, Bengaluru, said, “Vikram Hospital is a unique multi-speciality facility in the heart of Bangalore and the hospital prides itself on epilepsy treatment, transplants and cutting edge surgeries across specialities. With Dr Mittal joining us, he will further enhance the services and bring his experience to bear to create a truly world class hospital in Bengaluru. For Multiples, this is further commitment to our interest in the healthcare sector”

Dr Mittal is an alumnus of Faculty of Management Studies and brings with him rich clinical and managerial experience and he was, until recently, the Zonal Director of Fortis Escorts Institute overseeing 4 hospitals and 5 heart command centres across the Asia Pacific region. He grew up in Bangalore and completed his medical education from Bangalore Medical College and his MS at Manipal.

Multiples turned around Vikram Hospital from a financially stressed asset to one of the finest healthcare providers in the city. Sudhir Pai, who was the CEO of Vikram Hospital and oversaw the turnaround, will continue to be a member on the board of directors of Vikram Hospital.

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