Saturday, March 27, 2021

Blended Approach Could Pave Way For A Brighter Future Of Education In Indian Market


eVidyaloka, an educational social enterprise with a vision to enable quality in education for the children of rural India, had organized Rubaru 2021, the annual summit of eVidyaloka which aims to promote the spirit of rural-urban connection. The event saw rural and urban India coming together to celebrate the successes of the past year and to mark the completion of 10 years of the eVidyaloka journey. 

The event was graced by Sri Suresh Kumar- Education Minister, Government of Karnataka, as the Chief Guest and Sri Tejasvi Surya- Member of Parliament, Government of Karnataka, and Chief Patron of eVidyaloka Prof V. Krishnamurthy, Ex-Dean, BITS Pilani, who appreciated eVidyaloka’s efforts towards educating rural India and the concept of “Loka Sangraha” - a construct of leadership for welfare of the world. The Keynote speakers were Sri B S Saluja, Vice President, Corporate Services, LTI and Sri ArindamBanerjji, EVP & MD, Well Fargo.

While Sri BS Saluja, reflected on the partnership which has grown from partnering with eVidyaloka from 5 schools in one state to 95 schools in five states across India. He also spoke about the benefits of the program from the Corporate perspective where a skilled Rural India is a ready pool of talent for the Corporate World. The sentiment was echoed by Mr. Arindam Banerjee, EVP & MD of Wells Fargo who mentioned that community upliftment and investments in the community will help the Corporate world in the long run, so supporting such initiatives was more important than just a “good to do” initiative.

In keeping with the challenges of the past year and the completion of 10 years of eVidyaloka, the panel discussions revolved the understanding the challenges of online education, the impact of technology to scale educational initiatives & building a future-ready system by multiple stakeholders participating in solutions, and the impact of online learning on children. The first session of the panel consisted of Mr Harish Krishnan- MD, CISCO Systems India, Mr Raghavendra K- Global HRD Head, Infosys BPO, Ms Sapna Chadha - Senior Country Marketing Director, Google India & South East Asia, and Ms ShipraSharma- CSR & Sustainability Director, LTI was moderated by Mr V Ramkumar, Member - Board of trustees, eVidyaloka to discuss the impact of technology on education. 

Speaking about the panel, Sri Ravichandran Venkataraman, Chairperson of eVidyaloka Trust, eVidyaloka, said, "The entire session was very insightful with stakeholders from various folds of the ecosystem who threw light on the efforts that need to be put in to help make quality education accessible to the students, irrespective of their geographical diversities. The need for depth in our educational program came to light. The importance of looking at social impact as core to business was highlighted. As a conclusion, we were left with a pertinent point on whether we have harnessed technology in education well enough and the need to look beyond the obvious solutions in tech for education.”

The second session of the panel discussions, which was graced by Ms Shaheen Mistri- CEO, Teach for India, Mr AbhinavMathur- Founder, Million Sparks Foundation, and Mr ArunNalavadi- Executive Director, Magic Bus India and moderated by Manisha Natarajan, a renowned journalist and public speaker, spoke about the impact of online learning in children. The panellists stressed the need to create joyous learning experiences and to recognize the stress factor that comes with online learning for children. Focus on soft skills in online education was discussed at length and a consensus was reached on a blended learning approach, technology enabled online teaching and option of offline learning through app as the way forward for the future.”

Adding to this, Mr. Venkat Sriraman, Founder and Member, eVidyaloka Trust, said, "What started as an endeavour to provide quality education for children in rural India with a pilot project in one school in rural Tamil Nadu has now reached the length and breadth of the country. Our movement gained huge momentum with the passion of 2500+ volunteers who teach students in seven different languages which help deliver quality education to over 20,000 children across 11 states in India with 1 million+ child learning hours per year of quality education. Rubaru 2021 marks the culmination of our signature events - i) National Science Innovation Challenge which a unique event celebrating the spirit of connecting students from rural and urban India who came together with an innovative solution for challenging problems, and ii) Vgyana - an online interactive quiz for students. With renewed vigour to fight this great digital divide plaguing our country with innovative and local solutions, eVidyaloka is on a crusade to ensure that no child is left behind in their right to education.”

The event ended with a tribute to Mr SP Balasubrahmanyam who was an avid supporter of eVidyalokaand our vision. 

About eVidyaloka:

eVidyaloka was founded in January 2011 by Satish and Venkat, colleagues at Microsoft India, with the passion to bring volunteerism and technology together, to enable quality education for the most deserving children of remote and rural villages of India. After a pilot of the idea on the field for two years, the journey was set in motion with full-time employees since May 2013. Since its inception, this model has reached and empowered more than 20,000 children across 245 villages spread over 11 states in India - Andhra Pradesh, Bihar, Jharkhand, Karnataka, Maharashtra, Tamil Nadu, Telangana, Uttarakhand, Uttar Pradesh, West Bengal, and Kerala. Over 95% of students continue their education through the 10th and 12th grades, signalling a lower dropout rate in schools that adopt the eVidyaloka model. The organization has been funded by contributors such as HP, L&T Technological Services, and Infosys, all socially conscious titans in their industries.

Friday, March 26, 2021

Tata Motors And State Bank of India Join Forces To Offer Innovative Financial Solutions To Commercial Vehicle Customers


Key highlights:

* Tata Motors will leverage SBI’s rural reach through this 3-year Memorandum of Understanding (MoU)

* SBI’s Contactless Lending Platform technology to be deployed to ensure uniformity, transparency and a reduced Turn Around Time (TAT) in the loan approval process

* Applicable across Tata Motors’ small and light commercial vehicles

Tata Motors, India’s largest commercial vehicle manufacturer, has inked a three-year MoU with the State Bank of India (SBI), the country’s leading public sector bank, to offer unique financial assistance for the purchase of Tata Motors’ range of small and light commercial vehicles. In addition to inducing employment, this collaboration will also stir demand for Tata Motors’ BS6 range of vehicles. Through this partnership, the two business entities will exercise SBI’s Contactless Lending Platform technology to ensure uniformity, transparency and a reduced turnaround time in the loan approval process.

On the occasion, Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors said, “Extending our earnest commitment to bring profitable value propositions to our customers, we are delighted to join hands with the largest bank in the country, the State Bank of India. With a pan-India reach and more than 22,000 branches, SBI has an extensive network across the country, and through this partnership we hope to strengthen our reach, especially in rural areas, aiding employment as well as providing unique and innovative financial assistance to our customers. We remain confident that through our collaboration, we will leverage our common strengths, and continue to serve our customers with dedication and zeal.”

Commenting on this partnership, Mr. C. S. Setty, Managing Director, Retail and Digital Banking, State Bank of India said, “We look forward to leveraging this mutually benefitting collaboration and offer some unique financial services to CV customers and dealers across India. Through our innovative Contactless Lending Platform technology, we hope to further amplify the banking experience of customers and strive to extend a 360-degree benefit to retailers.”

Tata Motors’ diverse small and light commercial vehicle portfolio has been extremely successful in the overall CV ecosystem. This collaboration with SBI will allow Tata Motors’ CV customers to avail loans in a hassle-free manner as well as access SBI’s unique technology-laden offerings. This partnership will introduce easy loan structured schemes which will help mitigate the cost difference between the BS4 and the BS6 vehicles for both, down payment as well as the EMI of the vehicle.

The BS6 range of Tata Motors CVs are engineered on the ‘Power of 6’ philosophy, which offers the best in terms of comfort and convenience, profitability, performance, safety and security and offers a great value to the customers. The robust and reliable vehicles are supported by value-added services like the Sampoorna Seva 2.0, Tata Samarth – Tata Motors’ commitment to commercial vehicle driver welfare, uptime guarantee, customised annual maintenance and fleet management solutions.

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on March 31, 2020.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

Fundermax Crosses The 15,000 Project Mark In 12 Years In India


* A legacy India-based Austrian brand that offers design freedom and sustainability

Key Highlights

* Completion of 15,000 projects in 12 years

* Offers the largest portfolio of products at 30,000 SKUs

* Follow ethical sourcing with renewable wood processing systems

* Emphasizes design freedom for architects and ensures sustainable solutions for consumers

Fundermax, a Rs 100-crore wood-products based architectural company, headquartered in Bengaluru has completed 15,000 projects in the 12 years since it was first set up in 2007. Speaking on this achievement, Dr. Prashanth Reddy, Managing Director, Fundermax India Pvt Ltd says, “Fundermax is a 130-year old Austrian company with a deep-rooted culture. The 15,000 projects we have completed cover a gamut of real estate sectors from residential to hospitality, commercial, ITA, infrastructure and more. We believe in specializing and excelling in every segment where we have a presence. Our fundamental aim has been to offer design freedom to the architect fraternity, and offer sustainability to the consumer. Through our products we aim to enhance design excellence and the longevity of a building”.

Architect Gayathri Shetty speaks highly of Fundermax which was used on the CSR project Nirguna Mandar located in Bengaluru. “While the project made use of the Max Exterior 0924 décor, we have found Fundermax to be a highly versatile product. Besides, the high range of options it provides can lend character to any kind of building”.

The versatility of Fundermax can be seen in the vast range of sectors that use their products. Architect Dinesh Verma of the ACE Group has used Fundermax on the NITTE Meenakshi, school of architecture project located in North Bangalore. “We used the Max Exterior 0803 décor. Fundermax exterior grade laminate is a modern material which can be used to achieve and strike a balance between aesthetical appeal and functional elements of a facade design,"says Dinesh.

Pioneering Processes

Fundermax’s commitment to quality and sustainability begins at sourcing. Since the brand works with wood-based products, it ensures that it follows a renewable wood processing system. Fundermax only sources from places that have a Forest Stewardship Council (FSC) certificate and/or Programme for the Endorsement of Forest Certification (PEFC). This ensures a green building while preventing deforestation.

Fundermax’s in-house design team works on the compatibility of the product to the design given by the architect. The intent is to work towards design compatibility and reduce wastage. Designers work on factors such as wind-loading, sun path, exposure to heat etc.

With the construction industry in India being unorganized, accountability often rests with the product company instead of the executor. To ensure consistency in application, Fundermax developed a system of panel installation that standardized the process and ensured fire safety. All installers are trained with the right tools and they now enjoy a price advantage that could be adjusted to scale. Fundermax is the only brand in India to have Standard Operating Procedures (SOPs) in place for cladding installation.

With up to 60 per cent input in the design and sub-structure of the installation, Fundermax not only contributes to the idea of Atmanirbhar Bharat but also reduces the time of project completion significantly.

About Fundermax

Fundermax is a leader in architectural products for interior and exterior applications; a complete solution provider, supplying not only Max Exterior and Interior panels but also Fundermax developed installation system. A network of trained & experienced ‘Fundermax authorized Business Partners’ across the country, supports the installation of complete system at site.

ASUS Launches All In One, AiO V241 With Dual Functionality Of PC And Display Across Indian Market


* Built with style and performance that go hand in hand, ASUS AiO V241 is the complete suit that lets home users to #DoItAll to meet their computing and entertainment needs

KEY POINTS

* The Slim and Sleek ASUS AiO V241, supports up to the latest Intel® 11th generation Tiger-lake Core™ i5 processor and Intel’s latest Iris Xe onboard high-performance graphics solution

* Remarkably slim and compact for the size of the display, making it a great space- saving choice for any home or business

* Expand your life-style beyond just a PC, with the HDMI-in port that lets you connect you anything that has an HDMI output, for a seamless and unified display experience across other devices such as Cable set top Box, Gaming Console, OTT Streaming Devices or to your Laptop to enable Dual Screen Multi-tasking.

* 23.8 inch NanoEdge IPS display of ASUS AiO V241 supports 100% sRGB colour gamut and 178-degree viewing angle, for a superior visual immersion

* 3W Large Stereo speakers with large sound-chambers amplify your aural experience along with enhanced bass

* HD Camera and Dual Array Mics enhance your Video Conferencing Experience with enhanced voice and video clarity

* Premium wireless Keyboard and Mouse, offer tether-free yet ergonomic typing and pointing experience

* Specifically designed to address the new realities of distance working and virtual collaboration

* ASUS has a wide range of models of AiOs with 21.5 inch and 23.8 inch display powered by different range of processors to suit different budget needs

ASUS India, arm of Taiwan-based, multinational consumer electronics company, today announced the launch of new slim and sleek ASUS AiO V241, to redefine computing experiences for the home users in India.

Speaking about the new ASUS AiO V241, Leon Yu, Regional Director, System Business Group, ASUS India & South Asia said, “The Integration of office, home and school requires devices that can cater to the needs of a broader consumer persona. The launch of the new All-in-one solutions reestablish our commitment to the Indian market in providing cutting edge technology that can support the future of collaboration, work and play.

ASUS AiO V241 enables our consumers to meet their computing needs and video conferencing needs met by a PC but also all multimedia content consumption needs such as watching TV, Playing Console Games, Watching OTT Content, Streaming movies etc. on a single device. It is this ability of ASUS AiO V241 that gives it the title ‘DO IT ALL’.

ASUS AiO V241 is powerful like never before redefining the set standards of PC’s performance with Intel’s 11th generation Tiger-lake™ i5 processor along with Intel’s latest Iris Xe that lets you experience better graphics solution that brings visuals to life!

ASUS’s precision-craftsmanship, combines simplicity, sophistication of advanced technology and performance for an enhanced all-in-one experience”

ASUS AiO V241EA is a stunningly beautiful 23.8-inch all-in-one PC designed for effortless everyday computing for home and business.

This AiO has a Full-HD NanoEdge display with wide-view technology and a near-invisible 2mm physical bezel[1] design that gives an incredible 88 percent screen-to-body ratio. The NanoEdge IPS display features 178° wide-view technology that makes it perfect for sharing pictures or videos, and the wide 100% sRGB color gamut delivers vivid, realistic-looking colors. The display is enhanced with exclusive ASUS Splendid and ASUS Tru2Life Video technologies to deliver vibrant and vivid visuals with superb detail.

The gorgeous screen and PC components are enclosed a slim and sleek premium body that’s propped up by a metal stand that’s milled out of a single piece of aluminum for a perfect grounded support and with looks that fits in to any interior design seamlessly and effortlessly, whether its home or for business.

ASUS SonicMaster stereo audio system, included in ASUS V241EA, incorporates two advanced bass- reflex speakers for incredibly rich, full and immersive sound. These machines also benefit from DTS® Audio Processing, an audio-processing algorithm for speakers and headphones.

Designed for smooth, responsive performance, ASUS AiO V241EA is powered by up to the latest 11th Generation Intel® Core™ i7 processor which is accompanied by an all new and powerful Intel Iris® Xe graphics onboard graphics solution which pushes the boundaries of media without the need for dedicated graphics.

ASUS AiO V241 boasts a full complement of I/O ports, including four rear-mounted USB 3.2 Gen 1 Type-A ports, offering data-transfer rates that are 10X faster than USB 2.0. And for maximum user convenience, there is also a USB 2.0 port and an audio combo jack located within easy reach, on the bottom edge of the screen.

The hero feature on the 24-inch AiO however, is the HDMI-in feature that brings a whole new meaning to the term ‘All-in-One’. It allows you to seamlessly connect other HDMI-out based devices with the AiO such that the PC aspect of the device can co-exist with any connected HDMI device, with just a touch of a button on the AiO.

The possibilities are numerous, such as connecting your Gaming console – for a work and play duality on the gorgeous IPS NanoEdge panel. You can connect your TV-box, such that the same display takes care of it being a PC and a TV, and majorly, it can also act as a second monitor for your work laptop, while being the home computer for the rest of your family. With the HDMI-in feature, it truly is more than a just a simple computer, for any and every one.

Additionally, the AiO also feature an HDMI-out port allows the user to connect to a big-screen TV or even a Home theater sound-system, for supersized entertainment — using just a single HDMI cable for both audio and video.

For ergonomic every-day computing, the AiO come with Wireless Keyboard and Mouse, which have tactile operability, with 2.5mm deep key-travel and large chiclet keys to make typing a superb experience all day long.

ASUS AiO portfolio includes:

ASUS AiO V222:

ASUS AiO V222 has a frameless 22-inch Full HD display with an incredible 87% screen-to-body ratio for edge-to-edge visuals. Combined with its advanced ASUS SonicMaster bass-reflex speaker system, exclusive ASUS Splendid and Tru2Life Video technologies, ASUS AiO V222 delivers deliciously immersive visuals with superb, crystal-clear sound for the ultimate entertainment experience. Preinstalled Windows 10 provides a secure and familiar computing experience, including Cortana’s voice recognition capability for more efficient and productive The ASUS AiO V222 is powered by up to 10th Gen Intel® Core™ i5 processor for smooth and effortless multitasking performance, improved energy efficiency and enhanced multimedia capabilities. ASUS AiO V222 is available with up to 8GB of fast DDR4 memory. Both models feature support for dual-storage capability, with up to a 1TB HDD and up to a 512GB SSD.

AVAILABILITY AND PRICING:

Available soon at ASUS Exclusive Stores, and leading Commercial PC channel partners.

·  ASUS AiO (V241): ₹61,990 /- onwards

·  ASUS AiO (V222): ₹25,990 /- onwards

Above mentioned prices are inclusive of GST.

Seven Smart-Money Hacks By Intermiles In The Indian Market


The pandemic and its subsequent impact on the economy has emphasized the importance of spending wisely. Having a dependable contingency fund in case of emergencies has been never been viewed with as much significance ever before. While spending money is a continuous process, clubbing expenses and choosing smarter modes of payment can help save enormous funds in the long-run.

Thanks to the intervention of technology and innovative modes of payments available today, smart spending is only a matter of knowledge. In this article, we will help identify how one can spend smart, save smart and make each Rupee go that extra mile. 

START SAVING FROM DAY ONE 

Ever heard the saying “Every drop makes the mighty ocean”? Very often, people wait until their earnings reach a certain amount to start saving. It can be very tempting to indulge and splurge lavishly with your first income. However, putting aside money month-on-month no matter how small the amount is ideal to help prepare for a rainy day. Disciplined saving habits do take time and effort to cultivate but once they become ingrained, the benefits are multiple and long-term.   

ENROLL IN A GOOD LOYALTY & REWARD PROGRAMME

While there are numerous loyalty & rewards programmes available to choose from, it is important to conduct in-depth research before to understand which one offers the maximum benefits aligned to one’s needs & lifestyle. A programme that grants its members the opportunity to earn points regularly across simple day-to-day activities like paying rent, enjoying OTT subscriptions, ordering food, or online shopping in addition to occasional spends like flight tickets or hotel bookings is an ideal option. Engaging frequently with the programme will help accelerate their points earnings & subsequent tier movement as well as avail of discounts & offers being run by the programme or programme partners thus, ensuring that every spend earns for them. 

INVEST IN CO-BRAND CREDIT CARDS 

Apart from convenience and time-saving benefits on account of being accepted across diverse purchases worldwide, co-brand credit cards offer customers several additional opportunities to earn rewards. Right from personalized offers such as welcome bonuses, discount coupons & vouchers to milestone benefits like complimentary movies, flight travel & hotel stay and rewards like insurance, lounge access & golf access. Therefore, as time passes, the more the customer swipes, the closer they come to earning rewards and freebies as well.

IDENTIFY COST-EFFECTIVE WAYS TO MAKE UTILITY PAYMENTS

Programmes which offer points earning benefits when paying off routine utility bills for gas, mobile, or electricity etc. not only prove to be a one-stop solution for members but, also rewards them for making basic, calendarized payments which they would have anyway conducted as part of their lifestyle. This provides the convenience of time and effort saving along with an additional earning opportunity for loyalty points which when accrued could help fund a future expense such as air tickets, hotel bookings, dining bills and more.

INCREASE INVESTMENT AND SPEND SMARTLY 

One of the proven methods of building wealth is investing smartly. Whenever undertaking a major expense always evaluate the value of that product  in a few years. If after a few years, the value of the product  diminishes, think twice before incurring  that expense. Instead,  identify and invest in assets that multiply in value over a period of  time. For instance, instead of purchasing an extremely high-end new car, one can consider buying a second hand car  and investing the remaining amount in stocks or real estate that is expected to appraise in a few years. 

PLAN AHEAD

Whether a designer outfit, a high end car, or a luxurious holiday, major non-essential expenses must always be planned. Planning grants one the opportunity to save adequately and choose a more value-beneficial deal. This will also eliminate the need to undertake a personal loan which can be excruciating to pay back on account of high-interest rates. 

INVEST IN A HEALTH INSURANCE 

It has been rightly said, “Health is wealth”. Health is undoubtedly one of the most important things that one can never oversee. Taking good medical insurance will ensure you are prepared for unforeseen situations that can take away major portions of your hard-earned savings within a few days. Pro-tip: An ideal way to save on the cost of health insurance is to use the plan that is provided through your employer.

Bengaluru Based SMB Digitisation Startup FloBiz Raises $10Mn From "Elevation Capital And Existing Investors"


Key Highlights 

* FloBiz intends to use the capital for team expansion, product development and accelerate sales and marketing efforts 

* Founded in 2019, FloBiz has grown 12X in the last 6 months with 3M+ small and medium businesses on boarded onto the platform and $6B+ annualized transaction volume recorded 

* Prior to the $10 Mn Series A capital raise, FloBiz raised $3 Mn in its seed stage round in 2019 

India's fastest growing SMB digitisation startup FloBiz has raised $10 Mn in a Series A round led by Elevation Capital. The latest round also saw participation from existing investors Greenoaks Capital and Beenext. The company, which offers a billing and accounting app myBillBook as its flagship product, intends to use the capital for team expansion, product development and accelerate sales and marketing efforts. 

Driven by multiple tailwinds such as mobile/data penetration, GST compliance, technology adoption and lately Covid-19, historically dispersed SMBs (small and medium businesses) in India are getting more organised and formalised. While technology advancement and digitisation push has led to several transformations in the sector, essential software like custom ERPs and legacy accounting systems still come at a very high cost, require considerable technical know-how and prior accounting knowledge. The absence of affordable and easy-to-use solutions hinder the growth of SMBs significantly. FloBiz’s mission is to unlock this access and accelerate the growth of Indian SMBs through digitisation; in this endeavour the company has re-designed the complete user experience and created a superior software product. 

“The MSME sector is the backbone to India’s GDP helping the country speed up to becoming a $5 trillion economy. Access to smartphones and internet penetration with affordable data plans have led to a rapidly growing demand for digital tools and products amongst small and medium business owners, who currently have to heavily rely on manual, paper-led processes. However, there lies a huge opportunity when it comes to providing end-to-end support and solutions to SMBs for managing their business seamlessly. We strongly believe that our product myBillBook empowers SMBs by automating their workflows, helps maintain inventory better, manage their receivables & payables and download critical business reports for quick and efficient decision making on the go. With this additional funding we plan to grow our trader base at least 7X by 2022 through deeply focused product developments driven by user feedback and making myBillBook simple to use through personalization” says Rahul Raj, Founder and CEO, FloBiz 

Commenting on the announcement, Mridul Arora, Managing Director, Elevation Capital said “Digitisation of SMBs is an irreversible trend and we have been very impressed with FloBiz’s mobile-first, bottom-up product led approach to capture this opportunity. We believe that myBillBook is building for foundational, deep use-cases for this segment making the product indispensable to the SMB owners. We were very impressed with the customer love and the depth of usage of the product across the SMB value chain - retailers, distributors, wholesalers and manufacturers. The optionality opened by capturing deep users across the supply chain are enormous, and we look forward to partnering with the team as they execute on their extensive product road-map.” 

The SMB sector in India is a broad, heterogeneous spectrum that includes small shops, large traders and regional manufacturers. The needs and pain points across the spectrum also vary significantly. For the micro segment, needs are largely limited to maintaining a ledger for debt calculation and accounting. However, for large businesses, use cases and needs are much more involved and deeper. FloBiz understands the diverse market and focuses on catering to businesses across the value chain. FloBiz’s flagship product myBillBook offers deep capabilities - recording several types of transactions (sales, purchases, expenses etc.), maintaining inventory, managing receivables & payables, building business reports (profit & loss, stock summary, sales summary etc.), providing multi-user access with permission controls and many more. The solutions bring complete accounting capabilities on a mobile interface which can be used by any small business owner in their regional language. 

Prior to the $10 Mn Series A capital raise, FloBiz raised $3 Mn in its seed stage round in 2019. FloBiz is now a 60+ member team of talented individuals and has grown 12X in the last 6 months with 3M+ small and medium businesses on-boarded on the platform and $6B+ annualised transaction volume recorded. FloBiz’s flagship app myBillBook offers seamless WhatsApp integration which makes it possible to share invoices, POs, business reports etc. easily with other merchants, accountants and staff members. The app has been designed from a business owner’s perspective rather than an accountant’s, and is currently available in English, Hindi, Gujarati & Tamil. 

Luxury Fan Brand Fanzart Expands Its Presence With Multiple City Approach In Kerala


Leading Indian luxury fan brand Fanzart has expanded its brand’s presence in the country with multi-city openings in Kerala- Kochi, Kannur, Mallapuram, Thrissur, Kozhikode and Pathanamthitta. With this expansion, Fanzart now has a presence in 40 cities across India with a total of 80 showrooms.

Speaking on their Kerala expansion, Mr. Anil Lala, Founder and Director, Fanzart says, “We have had a longstanding relationship with the people of Kerala and have done business there without actually having a physical presence. Our experiences have been great and we believe this is the right time for us to expand our presence into what was an under-penetrated luxury fan market in the state. We have some great partnerships in Kerala and the aim to double down on these and strengthen them”.

Fanzart in Kerala

Fanzart has adopted the partnership route with a shop-in-shop presence across Kerala.

In Thrissur, Fanzart has partnered with Temple Town, a brand that works on bespoke interiors and architecture, while catering to the who’s who of Kerala.

In Kannur and Kozhikode, Fanzart has teamed up with Nikshan Electronics, a well-known electronics store brand in the region. Considering their massive presence, they have taken up the two cities of Kannur and Calicut and exclusively display Fanzart products in their luxury fan segment.

In Pathanamthitta and Kochi, the brand has tied up with P-Square interiors. And in Malappuram, Fanzart has a partnership with Cavallo Building Solutions. This is a well-known brand in the ventilation segment catering to everything from heavy duty HVAC systems to exhausts to designer fans.

Across these showrooms, Fanzart will display anywhere between 15 - 40 luxury fan ranges.

About Fanzart

In the 9 years of its entry into the market, Fanzart has risen to prominence as a pioneer and leader in the luxury designer fans segment. With showrooms across the country, Fanzart is a name to reckon with in the luxury interior segment with its niche offerings. The products are also shipped internationally and have made a mark for themselves. Log in to www.fanzartfans.com

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