Wednesday, September 1, 2021

BL Agro Expands To Bengaluru; Eyes PAN India Expansion


North India based, BL Agro Limited, one of the fastest growing edible oil and food products company in India, has now expanded its horizons to South India. Rooted in Bareilly, Uttar Pradesh, the company has been on an aggressive market expansion mode since the beginning of this year and has since ventured into states of Delhi, Rajasthan, Uttarakhand, and now Karnataka. In the state, Bengaluru is the first city the Company has zeroed in to set its base, given the market demand and opportunities.

BL Agro, which was established close to 5 decades ago, is an INR 2500 crore company today. ‘Bail Kolhu’ company’s flagship mustard oil brand was the first one launched years ago. BL Agro then gradually paced forward to become a fast-growing food products company with the launch of its brand ‘Nourish’ in the year 2018. ‘Nourish’ products are retailed through the Company’s website as well as through Exclusive Brand Outlets (EBOs) present at 13 locations currently.

In Bengaluru, the company has tied up with two super stockists and has deployed its team to ensure ‘Nourish’ products are readily available in the retail market. The company wishes to penetrate and mark its presence across mom-n-pop stores, supermarkets and with wholesalers in the city. The products can also be purchased from company’s website nourishstore.co.in.

Ashish Khandelwal, Managing Director, BL Agrosays “We have gained and retained the trust of consumers in Northern India, and this forms the very foundation of our expansion to Southern part of the country starting with Bengaluru. I am confident that our food products brand ‘Nourish’ that promises wholesome nutrition, will gain the same goodwill as our signature legacy mustard oil brand Bail Kolhu”.

Sanjeev Tripathi, National Head, BL Agro says “Our foray into Karnataka market is a part of our strategy to expand our foot print in southern part of India, very soon we will expand our reach to Goa and Hyderabad market.  As a part of Healthy India Campaign, we remain committed to offer best of the grains available across India using best and latest of the technology through our brand Nourish and Bail Kolhu.”

BL Agro plans to market its brand ‘Nourish’ in Bengaluru through a series of ATL and BTL activities.The company had recently announced a marketing push worth INR 150 crore to fuel the expansion plans of the company and drive aggressive growth pan-India.

Brand Nourish offers an entire range of food products typically used in an Indian kitchen including Atta, Rice, Pulses, Ghee & Oils, Dry Fruits, Papad, Pickles, Murabba, Spices, and more. Each Nourish product is packed with superior quality ingredients and is produced with finest processes that ensure maximum retention of nutrients.

ELGi Partners With NASSCOM FutureSkills PRIME To Build Vital Digital Skills For The Future Of Work


ELGi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of India’s leading air-compressor manufacturers today, announced its partnership with NASSCOM’s FutureSkills Prime initiative. With this partnership, ELGi aims to equip every employee with a set of foundational digital skills that will enable them to operate in a digital environment, continually adapt to new ways of working, and add value beyond what can be done by automated systems and intelligent machines. FutureSkills Prime, a skilling programme focused on emerging technologies, is powered by a partnership between the Ministry of Electronics and Information Technology, the Government of India, NASSCOM, and the IT industry. Over one thousand ELGi employees are scheduled to undertake this program.

Sharing his views on the collaboration, Dr Jairam Varadaraj, Managing Director of Elgi Equipments Limited, said, "Our purpose is to provide the best experience at each stakeholder touch-point.  In our journey towards this purpose, we recognize that emerging digital technologies will be central pillars in providing such an experience.  Be it customers or employees, or investors, digital can substantially and significantly enhance the experience.  This has to be architected by our people and the starting point is to imagine the opportunities through the lens of digital technologies. To enable each employee in our organization to do this, it is imperative that they have a foundational knowledge of the various digital technologies.  We’re committed to ensuring all of our employees are digitally proficient and conversant with digital technologies as we adapt to the future.”

Kirti Seth, CEO, SSC NASSCOM, said “Now more than ever, the need for each citizen to get equipped with the skills of emerging technologies is of paramount importance to leverage the waves of opportunity rising up through this digital transformation we are going through.   It is also important for each individual to talk the language of ‘digital’ and stay in tune with the world that is changing rapidly around us.  FutureSkills Prime has a vision to make individuals from across sectors, and across job roles digitally fluent. We're proud that our voice has been recognized by industries across sectors. The fact that Elgi Equipments, a leading compressor manufacturing company is going to leverage FutureSkills Prime to build the digital quotient of their employees, is a strong signal of how this need cuts across all industries and domains.  I wish Elgi’s employees an exciting learning journey to not just build on their technological foundations but unleash a fresh burst of creativity. This digitally ready workforce will be the key to not just exponential growth of their company but contribute to India’s dream of creating a trillion dollar digital economy.”

FutureSkills Prime – a platform built by the government and the IT industry focuses on providing a solution to challenges when upskilling people with emerging technologies such as Artificial Intelligence, Cloud Computing, Cybersecurity, Big Data Analytics, Robotic Process Automation, and more. The registered candidates can develop core proficient skills, take aptitude diagnostics tests, acquire SSC NASSCOM certifications and scholarships, and become more digitally fluent.

About ELGi: Elgi Equipments Limited is a global air compressor manufacturer with a broad line of innovative and technologically superior compressed air systems. ELGi has consistently worked towards ensuring that its customers achieve their productivity goals while keeping the cost of ownership low. ELGi offers a complete range of compressed air solutions from oil lubricated and oil free rotary screw compressors, oil lubricated and oil free reciprocating compressors and centrifugal compressors, to dryers, filters and downstream accessories. The company’s portfolio of over 400 products has found wide application across industries. For further information on the organisation and its products, please visit http://www.elgi.com

About FutureSkills Prime

FutureSkills Prime is the first of its kind public-private partnership, between Ministry of Electronics & Information Technology and NASSCOM to build a digital skilling ecosystem for the citizens of India.

It is committed to guiding and empowering the Indian professionals towards playing exciting, valued, and purposeful roles in a future that has significant possibilities, enabled by new-age digital technologies.

FutureSkills Prime is upskilling professionals in various sectors, IT, non-IT as well as students across India towards building a nation-wide digital talent pool. In the short journey, it has upskilled 3,70,000+ citizens of India, 89 % of whom are youth, 35% are women, thereby, contributing towards the vision of making the country a Digital Talent Nation. https://futureskillsprime.in/

Keysight First To Submit Protocol Test Cases For Verifying 5G New Radio Devices That Support Release 16 Features To 3GPP


* Accelerates verification of designs that support 3GPP Rel-16 use cases

Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced that the company’s S8704A Protocol Conformance Toolset was used to submit the first protocol test case for verifying 5G new radio (NR) devices that support release 16 (Rel-16) features to 3GPP.

As a result, device vendors can accelerate verification of designs that support 3GPP Rel-16 features. Many mobile operators are expected to implement 3GPP Rel-16 capabilities to improve coverage, capacity, latency, security, power consumption, mobility and reliability. Release 16 includes new features that support transportation, private 5G, industrial internet of things (IoT), among other use cases.

“Early availability of 3GPP 5G NR test cases for Rel-16 are needed to speed the realization of smart city, smart factory and autonomous vehicles,” said Muthu Kumaran, general manager of Keysight's device validation solutions business. “Keysight continues to demonstrate technical leadership by being first to submit test cases to 3GPP RAN5, a workgroup within 3GPP that is focused on the specification of conformance testing at the radio interface for the user equipment.”

The test case, submitted for verification to 3GPP RAN 5 on August 6, 2021, allows chipset and device vendors to verify functionality related to self-organizing networks and the minimization of drive testing. Keysight’s Protocol Conformance Toolset enables users to verify protocol signaling performance of a design and confirm compliance to 3GPP 5G specifications. This toolset is part of the company’s suite of 5G Network Emulation Solutions, which leverage the company’s UXM 5G Wireless Test Platform to address the device development workflow from early design, to acceptance and manufacturing.

In February 2021, Keysight’s 5G network emulation solutions were also used to establish the industry's first 5G NR data connection based on 3GPP Rel-16. As the latest 5G NR standard, 3GPP Rel-16 offers advanced capabilities such as support for ultra-reliable and low latency communications (URLLC), unlicensed spectrum, satellite communications, DL-based positioning, power efficiency and integrated access and backhaul (IAB).

About Keysight Technologies 

Keysight delivers advanced design and validation solutions that help accelerate innovation to connect and secure the world. Keysight's dedication to speed and precision extends to software-driven insights and analytics that bring tomorrow's technology products to market faster across the development lifecycle, in design simulation, prototype validation, automated software testing, manufacturing analysis, and network performance optimization and visibility in enterprise, service provider and cloud environments. Our customers span the worldwide communications and industrial ecosystems, aerospace and defense, automotive, energy, semiconductor and general electronics markets. Keysight generated revenues of $4.2B in fiscal year 2020.

Punjab National Bank Launches Festive Offer, Waives Loan Processing Charges


With the festive season around the corner, Punjab National Bank (PNB) has launched “Festival Bonanza Offer” to enhance the availability and affordability of credit to customers.  Under the festive offer, the Bank will waive all service charges/processing fees and documentation charges on its retail products like Home Loans, Vehicle Loans, myProperty Loans, Personal Loans, Pension Loans and Gold Loans. 

PNB now offers an attractive interest rate starting from 6.80% on home loans and 7.15% on car loans. The Bank is also offering personal loans to the public from 8.95%, which is one of the lowest in the industry. Bank has also announced offering home loan top-up at an attractive rate of interest.  

Customers can avail of the exciting offer – available till December 31, 2021 - through any of the PNB's branches around the country or via digital channels. 

Despite the impact of the pandemic, PNB is committed to its customers by offering them customized products, incentives and ease of banking services. The Bank is confident that this festive season will see an encouraging revival in overall consumer spending, thereby boosting its credit portfolio. 

2x Olympic Medallist PV Sindhu Interacts With Fans In A Insta Live AMA Session Powered By Bank Of Baroda


* Mandira Bedi interviewed PV Sindhu on her passion, inspiration and goals

Bank of Baroda celebrated National Sports Day by organising an AMA session #SmashItWithSindhu2 with 2-time Olympic Medallist PV Sindhu and renowned sports commentator Mandira Bedi. The session has been viewed by more than 65,000 fans of the shuttler. Fans asked questions on various aspects of Sindhu’s journey. Bank of Baroda has been associated with the athlete for almost 5 years now, a relationship which started even before she won at Rio Olympic.  

On winning her second Olympic medal, Sindhu said, “Winning back-to-back medals at the Olympics is definitely a dream come true.” During the conversation, Sindhu highlighted that India is getting much better in sports year after year and the future looks very promising. 

In a rapid-fire conversation with Mandira Bedi, Sindhu revealed her personality traits being very jovial and sensitive unlike being aggressive on the court. When asked about the movie on PV Sindhu, the shuttler expressed Deepika Padukone as the best fit to play her character as the actor is a badminton player as well. 

When a fan asked Sindhu, what does she like to do when she is not training, she replied that she loves dressing up and like a true millennial uses bob World extensively for its convenience and attractive offers. As a stressbuster, Sindhu loves travelling and with bob World services she is able to plan her vacation by herself. 

Sindhu doesn’t spend much time on social media – she even lost a bet to Mandira on guessing the number of her followers. In the sportsman spirit the Olympian agreed to transact the bet amount via Bank of Baroda’s recently launched app – bob World, which she described as super-fast and the right partner for all her banking needs like Save, Invest, Borrow and Shop.

Sindhu stressed upon the importance of encouraging young kids to explore sports. She added that parents must support and inspire their kids to take their passion for sports seriously.

Watch the entire conversation with the first Indian woman athlete to win 2 Olympic medals packed with many more interesting questions on Bank of Baroda’s official Instagram handle: https://www.instagram.com/tv/CTKNeE_phfg/?utm_source=ig_web_copy_link

About Bank of Baroda:  

Bank of Baroda (“The Bank”) established on 20th July 1908 is a State-owned banking and financial services organisation, headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. 

Bank of Baroda is India’s leading public sector bank with a strong domestic presence supported by self- service channels. The Bank’s distribution network includes 8,200+ branches, 11,600+ ATMs, Cash Recyclers supported by self-service channels and over 23,000 Business Correspondents. The Bank has a significant international presence with a network of 96 branches/offices of subsidiaries, spanning 19 countries. The Bank has wholly owned subsidiaries including BOB Financial Solutions Limited (erstwhile BOB Cards Ltd.), BOB Capital Markets and Baroda Asset Management India Ltd. Bank of Baroda also has joint ventures for life insurance viz. IndiaFirst Life Insurance Company Limited and India Infradebt Ltd., engaged in infrastructure financing. The Bank owns 98.57% in The Nainital Bank. The Bank has also sponsored three Regional Rural Banks namely Baroda Uttar Pradesh Gramin Bank, Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank. 

Action Lab 2050 Begins Its Journey To Break Free Of Menstrual Hygiene Stereotypes In India


The 4th National Family Health Survey (NFHS-4) 2015-2016 estimates that, of the 336 million menstruating women in India, only 36% (121 million) women and girls use sanitary napkins, locally or commercially produced. Moreover, there is a significant divide in the use of products between rural and urban areas. 71% of girls in India report having no knowledge of menstruation before their first period. Action Lab 2050 (AL50), a social enterprise born out of a vision to make a difference to women aims to create an environment in which every woman and girl can exercise her human rights and live up to her full potential. With its technical knowhow & operational capabilities, AL50 strives to scout, funnel & build a set of capable stakeholders in the eco-system for the broader motive of creating a conducive environment for every woman to realize her true worth. AL50 was launched today through a virtual conference in the presence of Chief Guest Ms. Aprajita Sarangi, Member of Parliament, Bhubaneswar and several other eminent speakers that included Mr. Basanta Kumar, Country Director, Project Concern International, Ms. Sneha Mishra, Secretary, Aaina, Ms Neelima Pandey, Director- Program Design, District Transformation Program (DTP), Ms. Lalita Bhattacharjee, FAO, Dr. M.G.Ragunathan, Principal, Guru Nanak College & Members of the Executive Committee of The Indian Science Congress Association (ISCA), Govt of India. Mr. Aaquib Hussain, Co-Founder, Ms. Ruby Ray, CEO & Director and Mr. Srustijeet Mishra, Co-Founder & Director, were present to represent Action Lab 2050. 

Speaking on the occasion, Ms. Ruby Ray, CEO & Director, Action Lab 2050 added, “India with its myriad cultures needs an immediate single platform solution and discourse on menstrual and maternal health. Period shaming must end to empower our women and girls especially living under poverty. In our country only 36% of women use sanitary pads and 70 per cent of all reproductive diseases are caused by poor menstrual hygiene. About 12.1 out of 33.6 crore menstruating women use sanitary napkin in the country as per National Family Health Survey. Rest of the women and girls are often more adversely and disproportionately affected due to poor sanitation facilities, worried about their social dignity and safety, as it strongly borders around cultural taboos that significantly impact women and girls’ lives and reinforces gender exclusion. The COVID-19 pandemic has further exacerbated menstrual hygiene particularly among the poorest communities affected by multiple deprivations. These issues encouraged us to form Action Lab 2050 where we address the lack of education on the issue, persisting taboos and stigma, overcome limited access to reusable bio-degradable hygienic menstrual products through first-of-its-kind eCommerce platform and work in tandem with UNDP Sustainable Development Goals also advocate for proper sanitation in schools with Ministry of Health, Government of India. At Action Lab 2050, we sincerely believe that this will cater to an ever-emerging need of creating awareness among the society at large about menstrual hygiene and bring about a positive change.”  

Ms Neelima Pandey, Director- Program Design, District Transformation Program (DTP), further added, “I would like to congratulate the Action Lab 2050 team for bringing such critical contributions to the space of menstrual poverty. It was heartening to listen to the speakers advocating it to be recognized as a separate right for women. We at Piramal Foundation are a learner in this space and for us the only way to be of impact and service to our girls is to collaborate with experts and scale the impact.” 

AL50 is in the process of tying up with various universities for research on social, cultural & policy-making aspects of maternal & menstrual health. Overall, AL50 aims at scouting, funneling & building a set of capable stakeholders in the eco-system for the broader motive of creating a conducive environment for every woman to live up to her full potential. To begin with, AL50 hopes to create a library of best practices, technological, social and innovations that would create disruptions in the system. AL50 aims to be the ideal platform for recognizing & rewarding stalwarts in respective fields in the eco-system and more importantly curate and create a sustainable eco system in the society where not only menstrual hygiene systems in all its aspects from the product usage, availability, disposal and knowledge, become a part of the fundamental rights but the taboos and superstitions associated with menstruation becomes a thing of the distant past.  

Even in the 21st century, the menstrual health and hygiene of women all over the world, is a subject of concern due to cultural taboos, gender inequality, poverty, prejudiced social norms, and lack of basic services. The pandemic has furthered worsened the situation with prolonged lockdowns and reduced income. Poor menstrual health and hygiene not only impacts the reproductive health of women but also causes stress, anxiety and reduced participation in education, work and community life. Menstruation is intrinsically related to human dignity – when people cannot access safe bathing facilities and safe and effective means of managing their menstrual hygiene, they are not able to manage their menstruation with dignity. Action Lab 2050 intends to align itself with Sustainable Development Goals (SDGs) of the UN to focus on improving equity to meet the needs of women, children, and disadvantaged populations so that “no one is left behind”. 

About Action Lab 2050:  

Action Lab 2050 (AL50), a social enterprise born out of a vision to make a difference to women aims to create an environment in which every woman and girl can exercise her human rights and live up to her full potential. With its technical knowhow & operational capabilities, AL50 strives to scout, funnel & build a set of capable stakeholders in the eco-system for the broader motive of creating a conducive environment for every woman to realise her true worth. AL50 aims to be the ideal platform for recognizing & rewarding stalwarts in respective fields in the eco-system and more importantly curate and create a sustainable eco system in the society where not only menstrual hygiene systems in all its aspects from the product usage, availability, disposal and knowledge, become a part of the fundamental rights but the taboos and superstitions associated with menstruation becomes a thing of the distant past. 

PayNearby Launches NeoDukaan; Aims To Modernize 100 Million Retailers By 2025


•  One-stop-shop platform empowering retailers to modernize trade and accelerate digital adoption

•  Aims to offer host of tech-enabled trade offerings to drive mass acceptance

•  To offer an all-inclusive digital payment hub that ensures easy acceptance across different form factors, simplified for both retailers and customers

•  A store management tool to offer one-click process to take stores online, digital ledger for better credit management and unified platform offering wholesale procurement options

•  Eyes to digitize millions of largely underserved MSMEs as well as bring a new set of retailers into the PayNearby fold

In its bid to mass modernize the retail sector across the country, PayNearby, India’s leading branchless banking and digital payments network, has associated with Retailers Association's Skill Council of India (RASCI) to launch “PayNearby NeoDukaan” to digitally upgrade its retail partners and gear them towards a better livelihood. PayNearby NeoDukaan is a first-of-its-kind holistic store management tool aimed at digitizing the retail stores and accelerating digital adoption at the last mile. With multiple digital payment options, digital ledger for credit management and online wholesale procurement options, PayNearby NeoDukaan looks to create a thriving ecosystem for its retail partners by empowering them digitally and bringing them at par with the current times.

In India, retail is evolving, retailers are not. Retail is India’s largest industry, accounting for over 10% of the country’s GDP and 8% of employment, however, despite its large size, the sector has remained predominantly unorganized due to the presence of local stores and vendors. To win in this changing landscape, the local retailers need to change too. To be indispensable to the consumer, local retailers must constantly update to accommodate their various needs. And, PayNearby is completely transforming the retail outlets and making them future-ready. The company has enabled more than 38+ lakh retailers across 17, 600+ PIN codes to have a strong online presence and ensures that small and local shops are not left behind in the transforming digital world.

Echoing this sentiment is PayNearby’s latest business vertical – the NeoDukaan app. This store management package is an end-to-end comprehensive suite that exclusively focuses on helping retailers modernize their stores, simplify their lives and bring them at par with the times. With this app, PayNearby intends to make retailers future-proof and take them to the level where they can compete with the e-commerce giants and large format superstores. PayNearby NeoDukaan enables stores to go online with a single click and service customers in their neighborhood and beyond to avail the digital store at their convenience. With this platform, PayNearby aims to digitally empower the local retailers in India whilst enhancing their efficiency and opportunities to serve their customers better.

Today, it is crucial for all stores to have digital formats of digital payments. This all-new platform will enable retailers to offer wide-ranging payment options such as UPI QR, Aadhaar Pay, mPOS and SoftPOS to the customers in the local community. Besides being cost-effective and easily implementable, retailers will not lose customers due to limited payment options and will be able to offer digital financial services seamlessly. PayNearby NeoDukaan will help retailers provide a slew of choices to their customers and will help accelerate digital adoption in the country, especially among the underbanked spectrum, reducing the demand for cash and cash-led transactions. Besides, in the wake of COVID, it will enable customers to make safe, contactless payments too. NeoDukaan, thus, aims to democratize digital payments, ensuring the availability of form factor agnostic transactions at the last mile such that digital payments become as seamless as exchanging cash.

In the majority of Tier II, Tier III cities and beyond, most of the daily businesses run on credit. Retailers end up breaking their backs to maintain a physical ledger and spending long hours on reconciliation. While retailers are used to traditional bookkeeping by maintaining bahi-khatas, NeoDukaan will help them manage customer credits more efficiently with ‘Customer Khata’ - a digital ledger. Besides offering enhanced security, Customer Khata will help retailers to go digital, streamline their accounts and reconcile better. With Customer Khata, retailers can record all transactions digitally, set automatic payment reminders for customers - so that they can collect the dues on time, and view customized reports too.

Moreover, many small businesses do not have a good supply management. They often end up shelling out exorbitant prices for supplies that are way beyond the wholesale rates, incurring losses. To help with this, PayNearby NeoDukaan will also function as an aggregator platform, whereby retailers can easily access various wholesale procurement alternatives such as Big Basket, ITC, Unnati etc. all in one spot. Currently, no other player offers multiple wholesale procurement options on a unified platform. Besides operational efficiency, the app will enable retailers to digitally procure goods timely and at competitive prices.

Commenting on this occasion, Mr. Anand Kumar Bajaj, Founder, MD & CEO, PayNearby, remarked, “We are thrilled to present the PayNearby NeoDukaan app to help our retail partners grow non-stop in life. Retailing in India is one of the pillars of our socio-economic structure, with retailers having deep-rooted relationships in the local communities. For India to thrive and grow, it is important that the retailers are given the necessary support and tools to stay relevant in the fast-evolving economy. PayNearby NeoDukaan is one such effort committed to enabling financial inclusiveness and the economic wellbeing of the retailers.

As the word ‘neo’ denotes transformation, PayNearby NeoDukaan will be a game-changer for the mass retail community offering them opportunities to acquire new customers, engage better with existing customers and reduce the cost of operations. This will further accelerate the growth of the digital economy even across hinterlands and remote towns whilst making ‘Digital India’ a closer reality. PayNearby NeoDukaan will transform every shop in the country into a shop ready for a new era.

As an organization, PayNearby acknowledges the deep symbiotic relationship it has with the retailer community, and with PayNearby NeoDukaan, we want to assure the progress of our retailers. Our association with RASCI will ensure that our retail partners have all they need to get ahead in life. This is our ‘Zidd Aage Badhne Ki’. A ‘Zidd’ to make every shop in Bharat modern, digitally-empowered and future-ready.”

On the occasion, James A. Raphael Executive Head - Retailers Association's Skill Council of India (RASCI) and Joint Central Apprenticeship Adviser - Ministry of Skill Development & Entrepreneurship (GOI) said, “PayNearby is paving the way to bridge the gulf of Bharat and India.  NeoDukaan is a committed stride towards the digital empowerment of local retail at the last mile. It will position Indian retailers at the forefront of a new consumption economy whilst offering a huge stimulus to the ‘Digital India’ movement. This digital transition will usher in a new era of commerce, transform 'job seekers' into 'job creators' and will create millions of livelihood opportunities in the hinterlands and small towns thereby driving economic growth and social upliftment in the real Bharat.”

Additionally, the company has set an ambitious target of on-boarding 100 million retailers by 2025. PayNearby NeoDukaan is designed to bring a completely new set of retailers into the PayNearby fold.

About PayNearby:

Incepted in April 2016, PayNearby is a fintech company creating technology and distribution network to reach financial/non-financial services to India and Bharat both. PayNearby empowers retail shop owners to offer digital services to local communities, thereby boosting digital financial inclusion. Retailer services are focused on Agent Banking, Digital payments, microSavings, microInsurance, Loan enablement among others.

It was founded by Anand Kumar Bajaj, Subhash Kumar, Yashwant Lodha & Rajesh Jha who bring with them rich experience in the field of banking, payments and other financial sectors. PayNearby is a DIPP-certified FinTech startup, partnering with various financial institutions including YES Bank, RBL Bank, IndusInd Bank, SBM Bank India, Equitas SFB, Ujjivan SFB, Axis Bank, ICICI Bank, State Bank of India, CC Avenue, Bill Desk, NPCI, FASTag, NBFC and FMCG companies. It is the sole technology provider using Aadhaar Enabled Payment Services (AEPS) and IMPS to YES Bank, making them one of the only two fintech companies hosted by the National Payments Corporation of India (NPCI). For details, please visit https://www.paynearby.in

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