TransUnion CIBIL Partners With FICCI On A Unique Nation-Wide MSME Consumer Education Program

* Initiative to reach over one thousand MSMEs across MSME clusters to create credit awareness and help improve their credit profile for easier and faster access to credit

TransUnion CIBIL has partnered with the Federation of Indian Chambers of Commerce & Industry (FICCI) to launch a unique nationwide MSME consumer education program that will support MSMEs in gaining awareness of credit management, CIBIL Rank and commercial credit information. The program objective is to empower MSMEs with knowledge on how to build a good credit history and CIBIL Rank to avail easier and faster access to finance. This program will kick off with MSME clusters in Maharashtra, Assam and Tripura and aims to reach thousands of MSMEs across key MSME clusters in India. 

TransUnion CIBIL is committed to supporting banks and credit institutions in sustainable growth of their MSME portfolios while improving reach and driving access to finance for MSMEs. In addition to offering MSME lenders solutions like CIBIL Rank and commercial credit reports for astute lending, TransUnion CIBIL also publishes insights reports like the MSME Pulse in association with SIDBI and the recent Emergency Credit Line Guarantee Scheme (ECLGS) analysis report to support policymakers and the industry with market insights on the MSME sector. CIBIL Rank assigns a rank to the MSME based on its credit history data on a scale of 1-10, CIBIL Rank -  1 being the best possible rank and CIBIL Rank - 10 being the riskiest rank.

Commenting on this partnership, the Chief Operating Officer of TransUnion CIBIL, Ms. Harshala Chandorkar, said: “The MSME sector forms the backbone of India’s economy and can act as a catalyst for growth. Insights show that only about one-third of MSMEs in India are served through the formal credit ecosystem, indicating significant opportunities for increasing credit penetration in this key sector. CIBIL Rank and commercial credit information have played a pivotal role in helping credit institutions formulate risk policies, digitize CIBIL Rank based lending and drive faster, easier and more judicious disbursement of loans to MSMEs. With the launch of this program, we aim to drive even greater awareness amongst MSMEs and empower them to build their CIBIL Rank for accessing faster and affordable financial opportunities”

Speaking about the partnership, Ms. Jyoti Vij, Deputy Secretary General, FICCI, said: “Lack of financial awareness is often cited as one of the key roadblocks for MSME development, which is a high priority segment for India’s economic growth. FICCI is delighted to partner with TransUnion CIBIL, India’s pioneer credit information company and a systemically important entity in our country’s financial infrastructure, on this very crucial program for MSME development. By driving credit awareness amongst MSMEs, we aim to contribute to the government’s endeavors on the resurgence of the MSME sector.”   

To assess the impact of the ECLGS, TransUnion CIBIL recently undertook a loan analysis study* based on ECLGS 1.0 and 2.0 disbursals made up to 31 March 2021. As part of this study, TransUnion CIBIL surveyed MSMEs from across geographies. The survey findings indicate that 65% of MSMEs believe that the ECLGS credit infusion has helped their business through financial troubles and 68% were confident about a future positive outlook**. About 85% of respondents also acknowledged that their TransUnion CIBIL credit history has played a critical role in facilitating ECLGS disbursals. 

The liquidity provided under the ECLGS scheme has resulted in a reduction in average credit balances for borrowers availing the scheme. Average balances have dropped by 17% between March 2020 and March 2021 for borrowers availing the scheme compared to a drop of 8% for borrowers not availing the scheme. The very small category of borrowers and micro segment of borrowers reduced their average balance by 33% after availing of the ECLGS facility, whereas small and medium segments showed a balance decrease of 22% and 14% respectively. For all segments, eligible borrowers who did not avail of the facility had a balance decrease of less than 10%.

“With several banks and credit institutions offering better rates of interest for MSMEs with a good CIBIL Rank, it becomes even more vital for MSMEs to understand the composition of CIBIL Rank and its salient features. We believe that this partnership program with FICCI will go a long way in strengthening India’s MSME sector towards its contribution in achieving our economy’s 5 trillion growth objective”, concluded Harshala. 

* Based on Emergency Credit Line Guarantee Scheme (ECLGS) data provided by National Credit Guarantee Trustee Company Ltd (NCGTC), TransUnion CIBIL Ltd has conducted the study to access the impact of ECLGS with an objective to see it from the lens of a borrower, lender and sector at large. The study is based on ECLGS 1.0 and 2.0 disbursals made up to 31 March 2021

** Survey conducted by TransUnion CIBIL based on data provided by NCGTC of MSMEs from across geographies. A sample of 756 responses were analyzed and findings included in the report.  

 About TransUnion CIBIL 

India’s pioneer information and insights company, TransUnion CIBIL makes trust possible in the modern economy. We do this by providing an actionable picture of each person so they can be reliably represented in the marketplace.  As a result, businesses and consumers can transact with confidence and achieve great things. We call this Information for Good®. TransUnion CIBIL provides solutions that help create economic opportunity, great experiences and personal empowerment for millions of people in India. We serve the financial sector as well as MSMEs, corporate and individual consumers. Our customers in India include banks, financial institutions, NBFCs, housing finance companies, microfinance companies and insurance firms.

For more information visit: www.transunioncibil.com 

About Federation of Indian Chambers of Commerce & Industry (FICCI)

Established in 1927, FICCI is the largest and oldest apex business organization in India. Its history is closely interwoven with India's struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies. 

A non-government, not-for-profit organization, FICCI is the voice of India's business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies. 

CollegeDekho Group Acquires Getmyuni And IELTSMaterial - Becomes Largest Student Enrollment Platform In India

CollegeDekho Group has acquired Getmyuni and IELTSMaterial to become the largest student enrollment platform in India in a deal valued over INR 50Cr.  

The acquisition enables CollegeDekho Group to hit a 4x revenue run rate growth over its last year’s numbers and scale further to maximise its growth this year. 

CollegeDekho and Getmyuni collectively cater to 50% of all college searches in India. With this partnership, CollegeDekho and Getmyuni collectively become the largest student enrollment platform in the country collectively driving more than 25Cr annual student traffic and facilitating 30K+ enrolments across almost 2000 partner colleges. 

Acquiring IELTSMaterial will also enable CollegeDekho to scale its recently announced online learning vertical CollegeDekho Learn by adding English Testing Exam preparation capabilities for exams like IELTS, TOEFL, PTE, and OET which will further boost its fast-growing study abroad business. 

“Like CollegeDekho, Getmyuni, works with the top universities and helps them with their admission solutions. While CollegeDekho’s focus area continues to fulfil end-to-end enrollment mandates of universities, Getmyuni will continue helping institutes with leads and branding solutions. We envision these as two complementary services, which will enable any university working with us to supercharge their enrolments. The acquisition of IELTSMaterial.com will help us enhance CollegeDekho Learn even further whilst strengthening CollegeDekho Study Abroad too." said Ruchir Arora, Co-Founder and CEO of CollegeDekho. 

"While Getmyuni was anyway a great fit with CollegeDekho Group, we are equally excited about scaling our respective learning verticals given the tremendous success of IELTSMaterial.com, which has hit a 20K online learner run rate in just under a year since inception" said Upneet Grover, Founder and CEO of Getmyuni. 

CollegeDekho Group now runs multiple businesses across student enrollment, study abroad, online learning, education lending and is looking at more avenues for inorganic growth. 

Getmyuni’s founding team will join CollegeDekho’s senior leadership and continue to operate independently as this adds fundamentally additive value to the partner universities. 

CollegeDekho recently raised $ 35mn in its Series B funding round and is fast becoming a leading EdTech juggernaut in the higher education space. 

About CollegeDekho  

Founded in 2015, CollegeDekho is on a mission to institutionalise students’ counselling in India in the higher education space. It connects prospective students with colleges using its proprietary technology and AI-based chat conversation bot. Its Common Application Form platform, which enables students to apply to multiple colleges with a single click, is India’s largest of its kind. Since its inception, CollegeDekho has counselled more than 2 million students and has helped almost 2000 colleges with their student recruitments. For study abroad students, CollegeDekho provides a full range of services from profile building, test preparation, university selection and visa assistance. The company recently announced a Fintech vertical that offers students with end-to-end financial assistance and CollegeDekho Learn, an online learning platform that helps students prepare for their future course of studies and placements. The startup is backed by investors like ETS, an organisation responsible for conducting GRE and TOEFL exams globally. (www.collegedekho.com)  

Reliance General Insurance Participates In The PMFBY’s Policy Distribution Drive - “Meri Policy Mere Hath”

 

Reliance General Insurance Company Ltd (RGICL), India's 4th largest private general insurance company, has announced its participation in the Pradhan Mantri Fasal Bima Yojana's nationwide Doorstep Crop Insurance Policy Distribution Mega Drive - 'Meri Policy Mere Hath' under 'Azadi Ka Amrit Mahotsav Campaign – India@75'.The Company fully supports the initiative and is committed towards playing its part in building a better financial ecosystem for the farmers. 

To drive the initiative effectively, Reliance General Insurance has set up special camps at gram panchayat/village level to educate farmers, who are enrolled with Reliance General Insurance under the PMFBY, about their existing crop insurance policies. Through this initiative, the farmer will receive first-hand information, and details of their crop insurance such as sum insured amount, types of crops insured and the premium amount. The Company will also distribute physical documents of the existing policies to the farmers. Having these documents handy will ensure hassle-free claim settlement for the farmers in the future. Furthermore, the initiative will also give the farmers a platform to share their feedback, queries and grievances directly with the insurance company.  

Commenting on this unique initiative, Rakesh Jain, CEO of Reliance General Insurance, said, "We welcome the initiative and give our extensive support to this exceptional drive. Agriculture provides livelihood to nearly 60% of our population. However, risks of natural calamities, large rain-fed areas, pests, and disease make agriculture a highly volatile sector. Thus, Pradhan Mantri Fasal Bima Yojana was introduced to provide financial protection to the farmers against any such unforeseen events. 'Meri Policy Mere Hath' initiative takes the Govt.’s effort one step ahead by empowering farmers through crop insurance awareness and by bringing insurance policy to the farmers' doorsteps. It will also help increase direct communication between the farmers and insurance companies and increase their trust in insurance companies and PMFBY."  

The Company will also distribute a FAQ leaflet in regional languages to inform farmers all about crop insurance. 

About Reliance General Insurance 

Reliance General Insurance, a part of Reliance Capital, is one of the leading general insurance companies of India. The Company offers a well-rounded and comprehensive bouquet of products including Motor Insurance, Health Insurance, Travel Insurance, and Home Insurance, and offers customized solutions to meet the protection needs of each customer. Reliance General Insurance has a wide network of more than 62,000 intermediaries across 128 branch offices across India for offering its products and services to retail, corporates and SME clients.  

www.reliancegeneral.co.in | www.facebook/RelianceGenIn | @RelianceGenIn 

General MM Naravane Inaugurates Third Edition Of Ahmedabad Design Week At Karnavati University

* The three-day design confluence, ADW 3.0 is themed on Design and Innovation In Defence and Aerospace; Thought Leaders, Startups, Investors from Defence Design Fraternity participated in the event

Honourable General MM Naravane, Chief of Army Staff, Indian Army on Saturday inaugurated the third edition of Ahmedabad Design Week (ADW)– a melting pot of ideas and insights – organised by Karnavati University, based in Uvarsad, Gandhinagar. Karnavati University is a state private university dedicated to excellence in teaching and is focused on interdisciplinary learning. This year’s theme for ADW 3.0 is Design and Innovation in Defense and Aerospace – a topic of strategic importance.

Shri Prahalad Kakkar, Founder, Genesis Film Production, along with Air Marshall Ravinder Kumar Dhir PVSM, AVSM, VM, ADC (retired) and Advisor to Gujarat state for Defence and Aerospace Industries, were present during the inaugural ceremony held at the varsity.

In his opening remarks, Shri Ritesh Hada, President, Karnavati University, said, “Karnavati University is a design-centric university and we aim to support and accelerate the Make in India cause through design and innovations.”

During the inaugural address, General M.M. Naravane also spoke about the four Ds of Design – Discover, Define, Develop and Deliver. Speaking of the importance of design and its applications in the defence sector, he said, “The Indian Army has recently embarked on a programme for future ready combat vehicles. Both these are at conceptualization stage and we are open to ideas. The future in aerospace and defence is electric in the way things are going to change. As we go ahead more and more electricity-based equipment will come up that are not dependent on fossil fuel. There's a lot of work that can be done in the field of miniaturisation. We cannot afford to have large platforms. The size of our ship and aircrafts have to be small.”

“When you're designing something today, you must see where it will be 50 years from now. Requirements of the modern day battlefield are daunting and diverse. Designing a system that fits all in one is daunting. In designing, you must keep these aspects vital, essential and desirable in mind. If this aspect is kept in mind we would be able to do much better. For instance, a vehicle that can efficiently operate across all terrains or say develop a technology that makes potable water available easily in inaccessible areas. We are looking for technology solutions,” General Naravane further added.

Retired Air Marshall R. K. Dhir, who was also present during the inaugural ceremony, said, “National security is essential for a nation. A nation becomes strong through pillars of military power, diplomacy and even economic might. Self-reliance that breeds from the need to exist and survive is crucial and today, the industry is looking inwards for dependence. To achieve this, entrepreneurs and industry must take the lead now.”

“The national leadership is creating an ecosystem to make India strong. A leading manufacturing company may soon come into Gujarat for defence manufacturing. This is where the scientists, DRDO and others have to work together,” Air Marshall Dhir further went on to say.

Shri Prahalad Kakkar on the other hand, spoke on the criticality of defence manufacturing in India. He said, “Anything will function better when better designed. Today we sit in a world which is dangerous. India lags in its defence abilities not just for defence but even technology.  Today, even though we are late, but it is important to look at defence production. The business of war today is not about protected world wars but about economics. It is a country's abilities to sustain a war is what decides it's might, where our focus must be stationed.”

Guest speakers present during the session include Lieutenant General KJS Dhillon, PVSM, UYSM, YSM, VSM (retired), Former Director General, Defence Intelligence Agency; Dr Sudhir Mishra, distinguished scientist and former CEO and MD, BrahMos Aerospace; Wing Commander Saurabh Chauhan, Indian Air Force and Dr R Shivaraman, Co-Founder, Big Bang Boom Solutions.

The day concluded with a panel discussion on Defence R&D in India – Designing for 2050 The Road Ahead at ADW 3.0 by RAdm Rahul Kumar Shrawat, AVSM (retired), CMD, Naval Group India; Lt Gen BS Jaswal, PVSM Bar to AVSM, VSM (retired); Major General Ashwani Kumar Channan, PVSM, SM (retired), Dr Greg Autry; Dr Sudhir Mishra; Col. Hariharan Shankar (retd); Leo Peter Charles; Group Captain, Ajay D Purandare, VSM, Mention – in-Despatches (retired).

Vice President Of India M. Venkaiah Naidu Unveils Sports And Arts Complex At Greenwood High International School

Greenwood High International School, a renowned educational institution in the country, witnessed an inauguration of L’ATELIER – An Ensemble of Fine Arts & State of the Art Indoor Sports Arena at its Sarjapur Campus in Bengaluru by Shri M. Venkaiah Naidu, Honourable Vice President of India, in the presence of many other dignitaries including Shri. Thaawarchand Gehlot, Honourable Governor of Karnataka and many other noted personalities. The new complex offers globally comparable infrastructure for sports and co-curricular education.

The school’s Centre for Sports Excellence (CSE) is a world-class integrated sports arena built on two lush acres exclusively dedicated for sporting. The complex offers state-of-the-art facilities in Sports for aspiring young talent to excel in their choice of sport. The sports facilities include natural grass FIFA size football ground, AstroTurf soccer field, tennis courts and cricket pitches in grass with nets, top-of-the-line 50-meter swimming pools, world-class glass-backed squash court, shooting range, indoor basketball and badminton courts, golf simulator with professional golf clubs & data analyzer setup amongst many other facilities.

The dedicated Block for Arts, Drama & Music with state-of-the-art facilities aims to encourage creative and artistic individuals who see arts as a way of life. The complex has sound-proof music rooms with world-class acoustics to develop students’ varied talents. The other facilities include Arts Room to conceptualize and paint artistic canvases, Arts Gallery to showcase the artworks created by the students indigenously, Drama Room, Music Room, Design Tech Room for Design thinking and creative ideations using latest tech, Music Studio for producing sound records and grooming the School Band, Dance Studio for choreography of classical & contemporary dance forms and Soundproof Music Production Room for Music recording and streaming etc.

Addressing the students and the gathering, Shri. M. Venkaiah Naidu, Honourable Vice President of India said: “It is an honor to be amidst you on this special day. A healthy body is essential for a healthy mind. Thus, Sports & Co-curricular Education plays an indispensable part in the growth and molding of young minds. He also spoke on the importance of our mother tongue and how students should be encouraged to learn their mother tongue. He advised students to respect our mothers, nature and our gurus and always respect our culture and diversity. Furthermore, he motivated students that with discipline, dynamism, dedication and devotion will give you promotion in life.

Shri. Thaawarchand Gehlot, Honourable Governor of Karnataka said: 'Our country has made great strides in the field of education, and I am glad to know that Greenwood High International School’s contribution is commendable. He praised the school to have received numerous prestigious awards over the years. He also mentioned that special attention should be given to all-round development of the students in the field of sports, arts, dance and music apart from imparting quality education. He further wished the students to achieve greater heights in the world and make our country proud.

Mr. Bijay Agarwal, Chairman, Greenwood High International School said: “It was indeed a great honour for us to have the Honourable Vice-President of India, Shri M Venkaiah Naidu Ji as our Chief Guest, as we inaugurated L’atelier, our Centre for Fine Arts and our state-of-the-art Indoor Sports Arena. We were also delighted to have in our midst Shri Thaawarchand Gehlot Ji, Honourable Governor of Karnataka, as our Guest of Honour. We are grateful for the many dignitaries, artists and sports stars, who graced this occasion. This marks a step forward in our mission to help our students develop in a holistic manner, with an all-round education. The untiring efforts of our school faculty have made Greenwood High a leading educational institution not only in India, but also on the global stage.

Organic India Felicitates The Heroes Of Indian Agriculture With Dharti Mitr Award At The Dadasaheb Phalke International Film Festival 2022

Recognizing the contribution of farmers towards strengthening the entire ecosystem of organic farming, Organic India Private Limited (“Organic India”), in association with the prestigious Dadasaheb Phalke International Film Festival felicitated the top 5 organic farmers with Dharti Mitr Awards while celebrating the grandeur of Indian Cinema and commemorating 75 years of Independence (Azadi ka Amrit Mahotsav).

The Dharti Mitr awards instituted by ORGANIC INDIA in the year 2017 to honor and recognize the efforts of organic farmers across the country, not just in growing crops without chemical inputs but also in balancing the ecosystem and creating innovative self-sustaining models. The Dharti Mitr awards also provides a platform for organic farmers across the country to share their innovation and cross populate their learnings. The winner of the first Dharti Mitr award 2017 Mr. Bharat Bhushan Tyagi, was bestowed with the Padma Shri, the fourth highest civilian award in India in 2019.

The winners of the Dharti Mitr awards 2021, felicitated by Bollywood actress Lara Dutta and Col. Tushar Joshi during the Dada Saheb Phalke International Film Festival, were Nathani Upendrbhai Dayabhai from Gujrat who won the first prize of INR. 5 Lakhs, Malleshappa Gulappa Bisirotti from Karnataka who won the second prize of INR. 3 Lakhs the third prize of INR. 1 Lakhs each went to Devaraddi Agasanakoppa from Karnataka, Rawal Chand and Urmila Ur Rubi Pareek from Rajasthan.

Speaking at the event and expressing gratitude towards the relentless efforts made by the farmers, Subrata Dutta, Group Managing Director, Organic India said, “Our farmers play a very crucial role for the ecology, economy and the society, at large. We conceptualized the Dharti Mitr Awards to celebrate our relationship with individual farmers that is built on interconnectedness – an approach that seeks to boost their confidence and the core objective of the event is to highlight the farmer’s exceptional innovations in the field of organic farming.”

Speaking on the efforts of Organic India, William Nanda Bissell, Chairman, Fabindia, said, “Organic India instituted the Dharti Mitr Awards four years ago and this year, it has returned bigger and brighter in collaboration with the prestigious Dadasaheb Phalke International Film Festival (DPIFF). Organic farming plays an important role in the sustainable and environment-friendly growth of India. This appreciation and recognition by Organic India will strengthen the confidence of farmers and further build the organic farming ecosystem in India. Organic India is a very critical part of our efforts to establish new benchmarks for growth driven by ESG values.” 

Organic India is currently working with over 2,200 farmers across the country to create favorable economic, environmental and social ecosystems, as well as to promote healthy lifestyles and conscious living via sustainable and regenerative organic agriculture. In the past years, Organic India has been rigorously working towards training the farmers and providing educational opportunities that enable self-sufficiency and the development of skills that can be passed on to future generations.

Expressing delight about the initiative, Dr. Ashok Yadav, Advisor, Ministry of Agriculture said, “The event has recognized the outstanding effort of organic farmers. We would like to congratulate all the participants and winners who are the unsung heroes of the agricultural landscape. Over the past 4 years of my association with Dharti Mitr, we have witnessed the participation and enthusiasm increasing and we are looking forward to witness more innovation in the segment which will add to the global organic farming movement to help the world in achieving the true meaning of sustainable development.”

Organic India received over 100+ nominations from farmers across the country, post which a rigorous screening process involving reviewing each entry followed by a farm visit and personal interview were undertaken by the jury.

About Organic India

ORGANIC INDIA is involved in the business of manufacturing, trading, exporting and importing all kinds of herbal infusions, ayurvedic medicines and preparations, herbs, herbal products, tea, food products and organic products. At the heart of ORGANIC INDIA is their commitment to being a living embodiment of love and Consciousness in action. Their products are made in India and reach consumers worldwide with a message of interconnectedness and oneness with Nature. https://www.organicindia.com/

Organic India is part of Fabindia Group, a consumer lifestyle platform with an established 62-year legacy focused on authentic, sustainable and Indian traditional lifestyle products. Fabindia is a unique business model of sustainable rural employment that has created a base for over 50,000 artisans through Contract Manufacturers and over 2,200 farmers engaged directly and 10,300 farmers engaged through associates in India. For more information, visit http://www.fabindia.com

Mainstreaming NFTs Will Open Up Huge Opportunities, Opine Industry Leaders

Non-Fungible Tokens (NFTs) are the latest craze in India’s digital space. An NFT is a digital asset like real-world objects such as art, music, in-game objects and videos, to name a few. Opportunities are tremendous. But challenges are also numerous, in terms of regulation, taxation and acceptance of NFTs in the mainstream. Blockchain and Crypto Assets Council (BACC), a council under the aegis of Internet and Mobile Association of India (IAMAI), organized a major virtual conference, NFTIndia, on February 24, to discuss such opportunities and challenges in the way ahead for mainstreaming NFTs in India. Leading figures of the NFT and metaverse world took part in the conference. 

The world of NFTs is truly diverse. India’s digital art space, for example, is witnessing a revolution through NFTs. Indian celebrities, including movie stars, sportspersons, musicians and people from various other fields are increasingly creating and selling digital arts. Artists are creating their own exclusive NFT collections. As Om Malvia, president, Tezos India, pointed out, “Artists won't have to worry about galleries, they have the convenience of exhibiting and selling their art with NFTs in open market places.''

Highlighting the potential of NFTs for the sports industry, Harsh Jain, co-founder and CEO of Dream11 and Dream Sports said, “With the largest number of sports fans in the world and over 140 million already within Dream Sports’ platforms, India has the potential to become the world’s largest NFT industry.  Sports NFTs will help every member of the sports ecosystem namely boards, leagues, teams and players to unlock and monetize tremendous value in the near future.”

Among others who put forward their valuable thoughts on the subject were Ankit Wadhwa, CEO and co-founder of Rario, Preeti Syal, Senior Specialist, NITI Aayog, Kristin Boggiano, President and Co-Founder, CrossTower, Swaneet Singh, CEO Xfinite, and Yat Siu, CEO, Outblaze, Animoca Brands.

In general, speakers discussed in details why we needed NFTs, why it was valuable and what were the regulatory impediments that such a nascent industry might encounter.

About Blockchain and Crypto assets council (BACC)

BAAC, is a council under the aegis of the Internet and Mobile Association of India. It represents the interests of the crypto ecosystem in India. With over 30 members from the crypto and NFT space in India, the committee has been in the forefront of crypto advocacy today and creates thought leadership content for the industry from time to time. BACC has also set up a self-regulatory code of conduct for the industry.

About Internet and Mobile Association of India

Established in 2004, the Internet & Mobile Association of India (IAMAI) is a not-for-profit industry body and the country's only organization representing the digital services industry with over 350 Indian and multinational corporations as its members, which include established companies in diverse sectors of the digital ecosystem as well as start-ups. Its mandate is to expand and enhance the online and mobile value-added services sectors. It is dedicated to presenting a unified voice of the businesses it represents to the government, investors, consumers and other stakeholders. IAMAI represents varied sectors such as digital advertising, digital entertainment, TravelTech, online gaming, digital payments, Fintech, digital commerce, Edutech, Healthtech, Agritech, blockchain, Big data, ML, AI & IoT, AR/ VR, LogisticsTech and so on.