Emeritus, Part Of The Eruditus Group, Secures US$350 Million Debt Financing From CPP Investments

* The edtech company will use funding to fuel mergers and acquisitions around the world

Emeritus, the global leader in making high-quality education accessible and affordable to individuals, companies, and governments around the world, has secured US$350 million in debt financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments Inc. This funding will be used by Emeritus to fuel mergers and acquisition as part of a robust global growth strategy.

As remote learning continues to boom coming out of the pandemic, Emeritus is growing and innovating to meet market demand.  With a year-on-year growth rate of 120%, Emeritus estimates gross bookings of US$500 million for the financial year. As the company continues to grow 2.5x organically, Emeritus will also accelerate growth through inorganic initiatives. The pipeline of potential acquisitions is expected to contribute up to 30% of Emeritus’ top line and EBITDA in the next five years.

After the completion of this debt financing, Emeritus will have raised more than US$1 billion in debt and equity. CPP Investments also participated in Emeritus’ US$650 million funding round in August 2021, which  advanced Emeritus’ valuation to US$3.2 billion, quadrupling its Series D valuation from August 2020. Investors in Emeritus also include Accel, Softbank Vision Fund 2, GSV, the Chan Zuckerberg Initiative, Leeds Illuminate and Prosus, as well as Sequoia Capital India and Bertelsmann and Chimera.

“Emeritus will expand our mission of making education accessible around the world by deepening our investment in the education space to reach different segments and audiences,” said Ashwin Damera, Co-founder & CEO, Emeritus and Eruditus.“Our acquisition pipeline will enable us to accelerate growth, impact more learners, and improve our profitability.” 

“The investment in Emeritus demonstrates our continued commitment to support industry leaders in India, one of our key markets in Asia Pacific” said Raymond Chan, Managing Director, Head of APAC Credit, CPP Investments. “The investment is also aligned with our strategy of pursuing high quality credit investments across Asia Pacific and delivering attractive risk-adjusted returns for our contributors and beneficiaries.”

In FY21, alone, Emeritus reached learners in more than 80 countries and offered programs through partnerships with more than 50 of the world’s top universities. In 2021, Emeritus acquired Silicon Valley-based iD Tech, the world leader in youth STEM education, which marked Emeritus' expansion into the K12 space.

About Emeritus

Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating with more than 60 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India and China. Emeritus’ short courses, degree programs, professional certificates, and senior executive programs help individuals learn new skills and transform their lives, companies and organizations. Its unique model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors and coaches has educated more than 250,000 individuals across 80+ countries. Founded in 2015, Emeritus, part of Eruditus Group, has more than 2,200 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. Following its $650 million Series E funding round in August 2021, the Company is valued at $3.2 billion, and is backed by Accel, SoftBank Vision Fund 2, the Chan Zuckerberg Initiative, Leeds Illuminate, Prosus Ventures, Sequoia Capital India, and Bertelsmann. Learn more at Emeritus.org and Emeritus LinkedIn.

About CPP Investments

Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Fund in the best interest of the more than 20 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At December 31, 2021, the Fund totalled C$550.4 billion. For more information, visit www.cppinvestments.com or follow us on LinkedIn, Facebook or Twitter.

Roca Bets Big On Customer Experience; Inaugurates Display Studio In Hyderabad

Roca Bathroom Products Pvt Ltd. (RBPPL), India’s leading manufacturer of bathroom products also being a multi-national, based out of Spain, has inaugurated a brand-new Roca display studio in the ‘City of Pearls’ – Hyderabad, to capitalize on the ever-growing brand ecosystem of the state. The company is focused on strengthening brand’s presence in one of the Southern India’s most prolific markets -Telangana and the exclusive brand studio launch is a step in that direction. Mr. K.E Ranganathan, Managing Director, Roca Bathroom Products Pvt Ltd. inaugurated the studio in the presence of prominent architects, interior designers, trade partners, and developers. 

Located at Kavuri Hills, Serilingampally and spread across an area of 6000 sq. ft., this would be company’s 8th display studio in country after Delhi NCR, Mumbai, Kochi, Lucknow, Chandigarh, Chennai and Bangalore. With an aim of being a one-stop solution for all bathroom needs, the display studio will showcase a wide array of bath fixtures by two leading power brands of RBPPL – Roca, World’s No.1 Sanitaryware brand, and Parryware, India’s leading and trusted bathroom brand. The studio has been designed to provide a customer access to complete information about the products and their functionality.  Product videos and a dedicated studio manager will also be present to provide a complete walk through and expert guidance as customers make their selections. 

Commenting on the inauguration of the display studio, Mr.K.E Ranganathan, Managing Director, Roca Bathroom Products Pvt Ltd, said, “It gives us great pleasure to announce the launch of our new display studio in one of the leading hubs for international brands in India. Hyderabad has always been a very important market for us and has played a major role in the growth of our brand. The display studio that we inaugurated today is our way of showing the kind of bullishness we witness in Hyderabad. The store will be open to all customers, architects’, designers, and our trade partners. It will showcase the finest collections from World’s No. 1 brand Roca’s futuristic products and intelligent devices. Additionally, the studio will also showcase premium designs from Parryware brand.” 

The display studio will have an array of products and offerings including faucets, bathtubs, basins, WCs, showers, kitchen sinks, and bathroom furniture among others. It will act as an experience center for architects, dealer partners, designers, and customers. This display studio will also have training sessions for channel partners and plumbing contractors. Given the affluent living standard and increased spending capacity, consumers in this region have a higher preference for premium bathroom products that prioritize technology and functionality.

Specialty of this unique display showroom is the live area of ROCA wellness products (including bathtubs) and showers which can be seen live providing a super luxury customer experience.  This Hyderabad display studio is also equipped with state of the art technician training center, where the flow of water can be seen as it goes through the pipe lines, which will give a unique learning experience to all our Plumbing technicians and dealer partners. ROCA being the largest bathroom manufactures in the world, believes in fit of the right products to the customers and helps the customers in selection products clearly based on their needs.

Roca currently has a significant footprint of about 200 retail outlets in India. The market leader Parryware from the brand’s offerings have a presence of over 1000 dealer outlets and 23000+ retailers across the country.

About Roca

"Roca is a company engaged in the design, production and commercialization of products for the bathroom space, as well as ceramic floor and wall tiles for architecture, building and interior design. Its origins date from 1917, when the Roca family started building their first production plant in Gavà (Barcelona). In the centenary of its establishment, the company employs over 22,600 workers and has 78 production plants, with presence in more than 170 markets in the five continents. For more information, visit www.roca.com

About Parryware

Parryware, India’s leading manufacturer of bathroom products is the flagship brand in the portfolio of Roca India.  Roca Group is 1.8 billion euros Spanish giant and is a world leader in bathroom space. The expertise and revolutionary R&D technology of Roca and the customer trust of Parryware proved to be a potent force to strengthen market share in India. Originated from EID Parry, Parryware has a strong legacy of more than 60 years and is among the pioneering brands in India.

Parryware has introduced game-changing bathroom solutions and progressive technology in India. The brand has refreshed itself with ‘Always in fashion' positioning to further reiterate its commitment of offering contemporary and unique designs including colors, trendy shapes, advanced technology that matches the imagination and lifestyle of the young, discerning Indian customer. Parryware introduced for the first time in India a complete bathroom customer care support during mid 1990s and has since built a strong service network across 30 cities in India.  Parryware products are manufactured in 8 factories across India and is present through a strong distribution network of 7800+ dealers and retailers in the Indian market.  For more information - www.parryware.in

GIZ Her&Now’s SHELeads Program Creates 80+ Women Leaders In One Year

* Creating a community of women to form a support system and safe space for women entrepreneurs

GIZ India’s Project Her&Now has been creating a conducive framework for women-led businesses in India since 2018 through various interventions. One such initiative has been the SHELeads program conducted in partnership with Unlock Impact to cultivate leadership amongst women entrepreneurs. The initiative focused on empowering women entrepreneurs to identify, develop and nurture their leadership styles and run a successful and sustainable business. The SHELeads program hosted a total of 86 women entrepreneurs from all over India, for 8 weeks. These women came from varying entrepreneurial backgrounds, with new and old businesses across multiple sectors and industries.

The SHELeads program was an effort to bridge the massive gap between leadership and entrepreneurship opportunities for men and women. There are fewer women in the workplace than men, this number has further reduced post-pandemic. The number of women actively looking for work reduced by 34% in Urban India, shows CMIE and CEDA data. This didn’t mean an increase in female entrepreneurship either. According to a 2020 report by IWWAGE & ISST, only 13.7% of the entrepreneurs in India are women and the number of self-employed women fell by 4.8% in 2018-19.  

Keeping this in mind, GIZ Her&Now created a virtual leadership program for women entrepreneurs that covered themes on gender, business, and leadership. Post an assessment of the challenges women face in their entrepreneurial journey, the training module was created to focus on seven relevant topics. The included topics were 1) Mindframes: Playing to win or to lose, 2) Conquering your imposter syndrome, 3) Building your personal brand, 4) Getting investment ready, 5) Effective leadership, 6) Building a strong company culture, and finally, 7) Navigating your unconscious bias. This curated curriculum was delivered through a series of interconnected online video lessons released each week, along with a reflection exercise that participants were required to complete.

The lesson plans were kept agile, through a learn at your own pace curriculum, given the fact that most women have multiple roles to fulfil. In addition to the lessons, the program facilitated networking events for the women to get access to peers and form a community within SHELeads, and create a support system and safe space for the women to get the help they need.

Julia Karst, Head of Project Her&Now, GIZ said, “The future of work is evolving. More women need to join the workforce and fill leadership positions. GIZ’s Project Her&Now has been creating an enabling environment for women-led enterprises in India, and we are proud to have been able to provide guidance and leadership training to 100+ women as part of this initiative. The SHELeads programme focused on equipping these entrepreneurs with the right set of skills and prepared them to be strong leaders of their businesses and teams.”

Loan Provider Clix Capital Digitizes Collections Business With Vymo For Improved Customer Engagement

* Vymo will serve as the system for visibility of collection activities and automate

* manual efforts such as feedback capture, collection management and payments

Vymo – one of the fastest-growing sales engagement platforms for financial institutions – today announced that Clix Capital – India’s leading non-bank lender – will be deploying its platform to digitize its collections business. More than 350 frontline agents and managers across 15 states will use Vymo to automate payment collections and capture customer feedback.

Business teams at Clix Capital will get real-time visibility into field activities using Vymo. As a result,

* Frontline agents can plan and optimize their engagement with agency partners as per priority,

* Collection cases can be dynamically allocated to managers and agency owners based on business rules to ensure maximum efficiency,

* Managers have ready reports and insights on collections performance and case closures.

Commenting on the partnership, Vishal Jain, Chief Collections Officer – Clix Capital, said, “In the world of AI and ML, seamless information flow is critical for creating Dynamic Risk & Sourcing Scorecard to improve collection and portfolio quality. Vymo’s solution will help on three fronts – providing vital information in real-time to the last mile to improve the quality of customer engagement and collection, capturing the ground reality in a structured format to be consumed in AL and ML-driven Risk & Sourcing Scorecard and Sharp Monitoring on input metrics of collections.”

Vymo is integrated with Clix’s core lending systems to provide a single-pane view of key business metrics of its agency network. It provides a frictionless user experience for managers and frontline personnel who now don’t need to switch between multiple systems or cross-reference data across out dated and complicated applications.

Rajesh Sabhlok, Managing Director, Asia-Pacific – Vymo, said, “The quality of data remains our priority as financial transactions get digitized. However, agents still rely on out dated systems to input data and since this is not always dependable, the rich context of the engagement is lost. With this partnership, Clix Capital’s collections team will have access to best-in-class digital capabilities and functional expertise to increase efficiencies and be more productive.”

Further, Vymo will provide contextually prescriptive intelligence through nudges, next-best actions and interventions. Thereby, teams can optimize various levers in the agency distribution channel to improve sales performance metrics and other related KPIs.

About Clix Capital

Clix Capital is a new age NBFC revolutionizing the lending space by offering differentiated digital lending products that are driven by technology and deep analytics. It offers a range of lending products to a varied spectrum of customers across the MSME and consumer segment, including personal loans, MSME loans, healthcare loans, and mortgage finance.

Clix is co-founded by industry veterans Mr. Pramod Bhasin and Mr. Anil Chawla and is backed by a private equity fund AION Capital Partners Limited (an affiliate of Apollo Global Management, LLC – one of the largest alternate investment managers globally with AUM of $433 billion). Mr. Bhasin is the founder of Genpact and the former CEO of GE Capital India and Asia; and Mr. Chawla has been the former CEO of GE Capital India and Asia’s Commercial Finance Business.

Together Mr. Bhasin, Mr. Chawla and AION jointly acquired the commercial lending and leasing business of GE Capital India in September 2016 and rechristened it Clix Capital.

About Vymo

Vymo (https://www.getvymo.com) is the Sales Engagement Platform of choice for leading financial enterprises and is trusted by more than 250,000 salespeople across 65+ global enterprises such as Berkshire Hathaway, AIA, SBI Life, Generali, AXA, Aditya Birla Sunlife, and HDFC Bank. The platform drives sales productivity ground up for frontline personnel, sales managers and business leaders through intelligent nudges and industry playbooks. 

Vymo is recognized by Gartner as a Representative Vendor in the Sales Engagement Market Guide and is a winner of CB Insights’ Demo Day and Microsoft’s ‘AI for All’ awards.

The BMW iX Inspires Artists To Envision Creative Sustainable Future

* Artist Faiza Hasan’s design for BMW iX will be shown at India Art Fair.

The Future is Born of Art’ is a unique initiative by BMW India and India Art Fair which aims to propel emerging Indian artists and further BMW Group’s commitment to promote art, sustainability, and innovation.

As part of the initiative, the first all-electric BMW iX served as a canvas for artists and inspired them to reflect on the philosophy of ‘Sustainable Circularity’ — a vision of a world with responsible and efficient use of resources. Four selected artists were asked to submit proposals reflecting their unique interpretations of the theme. Artist Faiza Hasan’s work stood out and was appreciated by jury and public alike. Her winning design will be reflected on the BMW iX as a car wrap and shown at the India Art Fair taking place in New Delhi from 28 April – 01 May 2022.

The design by artist Faiza Hasan represents a coming together of people of all kinds against the backdrop of a common sky. For the artist who likes to explore the relationship between self and society, sustainability is about connectedness. Along with the drawings of real people in our community, she uses Urdu words—‘suno’ meaning ‘listen’, ‘tasawur’ meaning ‘to imagine’, ‘umeed’ meaning ‘hope’, ‘nigehbaan’ meaning ‘to safeguard’—reminding us to pay attention to the voices that can help shape our collective future.

Mr. Vikram Pawah, President, BMW Group India said, “Creativity is at the heart of everything we do. For over 50 years, BMW has supported various cultural initiatives around the globe, and is proud to partner with India Art Fair to create an engaging ‘The Future is Born of Art’ platform for emerging artists in India. The first all-electric BMW iX is a perfect intersection of futuristic design and sustainability that serves as an inspiration to all. I congratulate Faiza Hasan for her work and hope that such initiatives empower many more young Indian artists in imagining a sustainable world.”

Jaya Asokan, Fair Director, India Art Fair said, “The future begins in imagination, and we are proud to introduce this new commission that centres artists and their vision of a shared, sustainable future. Our partnership with BMW India is truly one of a kind, and we’re thrilled to celebrate creativity in all its glory at the upcoming India Art Fair this April.”

The jury members included eminent stalwarts from the Indian art fraternity - Bose Krishnamachari, Founding President of the Kochi Biennale Foundation, Sonal Singh, Managing Director of Christie’s India, Alex Kuruvilla, Managing Director of Condé Nast India, and Jaya Asokan, Fair Director at India Art Fair. Indian artists representing a diversity of practices and perspectives were shortlisted for the ’The Future is Born of Art’ initiative, including Faiza Hasan, Farah Mulla, Latheesh Lakshman and Visakh Menon. The selection criteria included the strength of the artist’s vision, narrative style, their exploration of the theme, and the potential of the design proposal as a car wrap.

The all-electric BMW iX.

Born Electric: The BMW iX is the BMW Group’s new technology flagship. It is the first BMW without any numerals in its designation. ‘iX’ stands for the first BMW electric all-wheel drive vehicle (SAV – Sports Activity Vehicle). It effortlessly combines premium mobility with zero-emissions, sporting agility and a long operating range with luxurious spaciousness. Characterised by sculptural and monolithic design, the iX represents a new face that makes mobility easier and comfortable while creating powerful presence and dynamics rarely seen in a vehicle.

About BMW Group’s commitment to culture.

For 15 years now, the BMW Group India has initiated and been engaged in many leading cultural programs. The focus of its long-term commitment is set on modern and contemporary art, music, as well as architecture and design. The BMW Group guarantees absolute creative freedom – as this is just as essential for groundbreaking artistic work as it is for major innovations in a successful business. In 2007, two BMW Art Cars embellished by world renowned artists Andy Warhol and Roy Lichtenstein were presented at the Jehangir Art Gallery in Mumbai. BMW Art Car by Andy Warhol, Jeff Koons, Sandro Chia and Cesar Manrique have been exclusively showcased at various editions of the India Art Fair. In 2012-13, the innovative BMW Guggenheim Lab came to India. Since 2012, BMW has partnered with Kochi-Muziris Biennale, the contemporary art fair, which brings international artists to India and creates a global platform for Indian artists.

About India Art Fair.

India Art Fair is the leading platform to discover modern and contemporary art from South Asia, offering a unique access point to the region’s thriving cultural scene.

Taking place annually in India’s capital, New Delhi, the fair reflects the city’s fast-developing local arts scene, while offering curated insights into the cultural landscapes of neighbouring countries. The fair’s programme - which draws together galleries and artists, private foundations and arts charities, artists’ collectives, national institutions, cultural events and festivals - enables international audiences to engage in innovative ways with the cultural history and development of the region.

The fair is committed to supporting arts education and professional development opportunities, recognising the crucial need to support the development of the local arts scene, and providing dedicated exhibition space to emerging galleries and arts organisations. Around the year, the fair aims to run an extensive programme of events, including education initiatives, artist commissions and pop-up programmes, aiming to increase audiences for the arts within India.

India Art Fair is owned by Angus Montgomery Arts, a division of Angus Montgomery Ltd. The 13th edition of the fair will take place at the NSIC Grounds, Okhla, New Delhi from 28 April to 1 May 2022.

De Beers Group Extends Partnership With WomEng To Support Woman And Girls To Pursue Engineering, Technology Careers

* Partnership will play an important role as De Beers strives to achieve its commitment to engage 10,000 girls in STEM

This International Women’s Day, De Beers Group is proud to announce it has extended its partnership with WomEng for a further three years, expanding the reach to cover all four of the countries where De Beers discovers diamonds and placing a greater focus on supporting women and girls to pursue careers in sustainability-related fields.

The partnership will play an important role as De Beers strives to achieve its goal to engage 10,000 girls and women in STEM (science, technology, engineering and mathematics) by 2030, as part of its wider Building Forever sustainability goals.

WomEng is a global, multi-award-winning social enterprise which helps engage and develop girls and women for the engineering and technology industries. The original three-year partnership focused on developing leadership, innovation, well-being and employability skills for women and girls in Botswana, Namibia and South Africa. Despite challenges presented by Covid-19, more than 2,200 students were reached by the end of 2021 through a GirlEng programme for school girls and a Fellowship programme for women studying engineering and technology degrees at university.

The three-year extension will see programmes expanded beyond southern Africa to reach students in Canada and the UK, as well as beyond university courses to include vocational and skilled trades. There will also be a greater emphasis on future-focused sustainable development topics, such as renewable energies and climate solutions.

De Beers will also roll-out WomEng’s Emerging Leader Programme within its own business to help support, retain and promote women in technical roles as it works towards achieving gender parity across its global workforce as part of its UN Women HeForShe Alliance commitment. In addition, De Beers will work with WomEng to support women-founded engineering and technology businesses in the company’s host countries that are focused on addressing critical sustainability challenges.

Katie Fergusson, Senior Vice President, Sustainable Impact, De Beers Group, said: “Women remain significantly under-represented in engineering and technology fields globally. We are delighted to be building on the success we have already achieved with WomEng, who have been an exceptional partner to work with as we seek to deliver our mutual goals. By extending our partnership, we will provide more talented women and girls access to opportunities, mentorship, and the confidence to pursue rewarding careers. We have an ambitious commitment to achieve gender parity across our global workforce by 2030 and key to achieving this will be fostering greater diversity within the talent pipeline. With the programmes offered being expanded to include an emphasis on sustainability-related fields, we’re working to build both a more equitable and sustainable future in alignment with our ambitious Building Forever goals.”

Naadiya Moosajee, Co-Founder, WomEng said: “We are ecstatic to continue building on the work we have done through our partnership with De Beers. It takes an ecosystem approach to support diversity, equity and inclusion within the engineering industry and it’s incredible to work with a partner who understands this, and who supports us in developing women and girls for bright futures in the sector.”

PROGRESS ON BUILDING FOREVER COMMITMENTS RELATING TO GENDER EQUALITY

To mark International Women’s Day, De Beers is pleased to provide an update on progress to date as it strives to achieve its commitments relating to gender equality, announced in November 2020 as part of the company’s 12 Building Forever sustainability goals. The goals relating to gender equality are as follows:

Building Forever goal: By 2030, we will support 10,000 women entrepreneurs

De Beers will deliver this goal in part through the expansion and scaling of the AWOME (Accelerating Women-Owned Micro-Enterprises) programme, which it has been implementing in Botswana, Namibia and South Africa since 2018 in partnership with UN Women. Despite the challenges of various lockdowns, the programme continued to support women to build their businesses throughout 2021, with more than 1,800 women micro-entrepreneurs having been reached to date. The focus during 2021 was on the immediate need to support businesses impacted by the pandemic and help them gain necessary support. New offerings were also introduced, including a training course to support women as they look to start their own businesses, new digital literacy training courses to enable entrepreneurs to thrive in a digital world, and tailored training for entrepreneurs in certain sectors, such as the appointment of an Agriculture Specialist to support more than 132 women farmers participating in the programme in South Africa.

Building Forever goal: By 2030, we will achieve equal opportunity, including gender parity, for employees across our workforce

De Beers has had a deliberate and focused effort to improve inclusion and diversity across the business, including through the launch of reciprocal mentoring, a focus on talent development and succession planning, unconscious bias training, an Inclusion & Diversity steering group and an all-employee education campaign. This has resulted in considerable progress, with representation of women on De Beers Group’s Executive Committee increasing from zero per cent in 2017 to 31 per cent. In addition, the appointment rate of women to leadership roles is 41 per cent, up from 22 per cent in 2017. The representation of women overall within De Beers Group is 27 per cent, with senior representation at 32 per cent – up from 17 per cent in 2017. Women in STEM-related roles is at 16 per cent, with a target of 21 per cent by 2025 and 30 per cent by 2030[1].

In 2021, De Beers announced a five-year extension to its global partnership with UN Women which also saw CEO, Bruce Cleaver, appointed a Champion of the HeForShe Alliance. The current focus of the partnership is on increasing the representation of women in technical and leadership roles across De Beers Group through enhancing talent development and succession programmes and extending training and awareness.

In addition, De Beers launched ‘CountYourSelfIn’ to help improve understanding of workforce demographics and support employees in their home and work lives.  A ‘Recognising and Responding to Domestic Violence’ policy was also introduced to support colleagues who are survivors of domestic violence.

o9 Solutions Drives Digital Supply Chain Transformation At Berger Paints

o9 Solutions, a leading enterprise AI-powered platform provider for integrated business planning and decision-making, today announced the go-live of its Supply Chain Management Solution for Berger Paints India Limited, one of the largest paint companies in the world.

This marks a significant milestone in Berger Paints’ digital transformation journey, as it enables the organization to gain end-to-end visibility into its supply chain operations. o9 was selected as the go-to platform by Berger Paints after a thorough evaluation of the various options available in the market.

With o9 Solutions’ platform implementation, demand and supply management at Berger has undergone a radical transformation. Through the o9 platform, Berger gains data-driven decision-making capabilities across its key supply chain processes including procurement, inventory management and distribution, as well as improvements to its demand planning and S&OP. The o9 platform enables Berger to track real-time data related to demand and supply events, allowing supply chain operations to be optimized. 

“The volatility of markets globally, fuelled by the pandemic, necessitates greater real-time visibility into our supply chain operations. o9 Solutions has helped us build an informed, accurate, and quick decision-making process based on actionable insights into our core planning processes, providing us with greater resilience against market changes and control over our supply chain,” said Mr. Abhijit Roy, Managing Director and CEO of Berger Paints India Limited.

The project team successfully navigated the complexities of the implementation involving multiple touchpoints and delivered the project within the timeline, with active engagement of both the o9 and Berger teams. The project go live has been successful through its onboarding phase, and has been accepted by stakeholders from Sales, Supply Chain, Procurement, and Manufacturing teams at Berger.

“The digital technology partnership between o9 Solutions, Inc. and Berger Paints India Ltd., is a testament to the fact that a vast array of opportunities awaits businesses that transform raw data into knowledge. We are committed to helping organizations gain more visibility into their operations, achieve predictable outcomes, plan ahead of time, and reduce waste and effort. Our goal is to enable them to leverage data-driven insights to make the right business decisions,” said Siddhartha Niyogi, Managing Director, o9 Solutions India.

For more information on o9 Solutions, Inc., visit www.o9solutions.com.

About o9 Solutions, Inc.

o9 Solutions is a leading AI-powered platform for integrated business planning and decision-making for the enterprise. Whether it is driving demand, aligning demand and supply, or optimizing commercial initiatives, any planning process can be made faster and smarter with o9’s AI-powered digital solutions. Bringing together technology innovations—such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces, and cloud-based delivery—into one platform. For more information, visit www.o9solutions.com.