Tuesday, May 17, 2022

Lumis Partners’ Portfolio Companies, Emoha And Eunimart, Make It To The Prestigious Global TiE50 List


Lumis Partners-backed Eunimart and Emoha won their places in the TiE50 list announced at TiECon 2022. TiE50 is TiE Silicon Valley's premier annual awards program, keenly contested by thousands of early to mid-stage startups worldwide.

Emoha is a tech-enabled eldercare startup, and Eunimart is a major e-commerce enabler. As a result of this win, both Eunimart and Emoha will now have access to funds allocated by TiE, greater mentoring and networking opportunities with VCs, angel investors, and some of the greatest minds in Silicon Valley. Additionally, the TiE50 Awards will provide the startups with a one-of-a-kind showcase opportunity amongst the world’s top technology and technology-enabled startups. About 84% of TiE50 winners to date have been funded at a total of over $1 billion and many of these startups have been acquired or raised IPO with 29 of the exits at over $100 million.

Commenting on the win, Shayak Mazumder, CEO & Co-Founder, Eunimart, said, “Winning a position in the prestigious TiE50 lists has reiterated our belief in our mission towards simplifying global commerce for MSMEs while establishing omnichannel experiences for large enterprise customers. This milestone has indeed motivated us to continue to bring scalable solutions to the community and empower them via technology integration.”

“It is an immense honour to be part of the TiE50 list. To have our efforts being recognised by such an esteemed platform is definitely a confidence boost for our entire team. We are excited to further revolutionize elder care in India and provide quality care for our dear elders using the best of technology and deep care protocols,” said Saumyajit Roy, Co-Founder & CEO, Emoha Elder Care.

TiECon is the flagship event hosted by TiE (The Indus Entrepreneurs). Since its inception 25 years ago, TiE Chapters around the world have become a vibrant platform for entrepreneurs, professionals, industry leaders, and investors to interact with one another & forge long-lasting relationships. The TiE50 awards advocates for TiE’s ultimate goal to foster entrepreneurship, creating wealth for both the entrepreneur and the local communities.

Installing CCTV System? Here Is What Business And Enterprise Customer Need To Know


Many new and interesting use cases of CCTV cameras have come to the forefront in the last couple of years. For example, they are used in monitoring social distancing in public places as part of COVID 19 prevention measures, as well as in hospitals where the risk can be high. CCTV continues to provide both added security and convenience to our lives. As the sophistication of video surveillance systems continues to grow, and with the introduction of AI, the industry is moving to what is known as smart video solutions. In general, a smart video-based camera system makes use of video cameras, also called surveillance cameras, transmits the signal to a monitor or set of monitors, and gives real-time 24/7 viewing access.

For a business or enterprise customer, deciding which video security system is best for one’s unique requirements, one must consider the following five essential components:

Camera

There are two camera options for choosing a CCTV camera: Internet Protocol (IP) or analog. IP cameras are feature rich and are gaining popularity and have revolutionized the adoption of video surveillance solutions. IP cameras capture high-definition footage, images and sharper video details. These cameras also offer analytics capabilities such as data for video analytics, real-time automatic alerts, etc. Another key advantage is that a new IP camera can be added to the current network at any time and will be recognized by the recorder. IP camera adoption is becoming widespread as these cameras become more affordable. Analog cameras are the traditional cameras that have been used in CCTV deployments are being phased out slowly.

One can decide on the camera depending on their requirements and the kind of monitoring that is needed.  The number of cameras will depend on the angles and area to be covered and the resolution required.

2. Monitoring Station

Once the decision is made on which kind of camera to use, the next step is to set up a monitoring station. The number of monitors will again depend on angles and area covered and the image resolution required. You wouldn't need more than three to five screens if you aren't operating in a large-scale facility. Moreover, it is easy to scale up or down the number of monitors as needed.

Another factor is whether you plan to do remote monitoring through a smartphone, tablet, or computer. For example, if there are elderly parents, children or pets at home, then remote monitoring may be needed. This enables one to watch live video or even set up a real-time alert system, in case something requires faster attention, when it is not possible to watch live videos.

3.Video Recorders

Video is recorded on a device known as a video recorder, where video is stored for processing and viewing. There are two types of video recorders: DVR (Digital Video Recorders) and NVR (Network Video Recorders). The DVR system processes data at the recorder, while the NVR system encrypts and processes data in the camera before sending it to the recorder for storage and remote viewing.

4. Data Storage

Data plays a significant role in the smart video solution industry. Video needs to be stored for analysis either at on-premises or in the cloud. Businesses must factor in building a reliable, scalable, and most-often, customized data storage solution(s) that can help store and analyse the raw footage. The absence of proper data storage can make AI-powered smart video solutions very limited in scope. There are variety of storage solutions for different kinds of smart video or CCTV systems. The digital video recorder (DVR), or a network video recorder (NVR) that houses the storage will need to support the right capacity and reliability, so that the recording can be retained for a desired period.

Data is being generated, captured and storage from multiple sources - from endpoints to the edge and in the cloud. Western Digital provides flash-based storage solutions in the form of WD Purple® microSD™ cards up to 1TB[1] for the edge and endpoints requirements and WD Purple HDDs up to 18TB for NVRs and video analytics appliances.

5. Routers and Wires

Supporting technologies including cables and routers will be needed for a seamless connection, depending on the type of camera and systems chosen. For example, wireless systems will require a router. A security integrator can help in choosing equipment and managing the deployment. 

Conclusion    

Businesses are best served to invest in the right cameras, monitors, storage, and recorders, based on the technologies outlined here. A CCTV camera system and advanced smart video solutions are an integral part of improving one’s life, whether at home, work, or out in the community.

Gameskraft Strengthens Leadership With New Skill-Based Hires


Skill-based Esports platform and entertainment company Gameskraft has announced its ambitions to scale for the future with strategic hires across its leadership over the past few months. The senior executives will further strengthen the company’s thought-leadership position in the industry, and their invaluable experience will be pivotal in ensuring smooth operations.

Vikas Taneja, Group CEO of Gameskraft, said, “With the immense growth the skill-based Esports industry is anticipating alongside increasing customer needs, our new hires bring to the market priceless capabilities, accelerating our strategy to provide the community with world-class experiences as the industry elevates to the next level. The new leadership will complement our business operations as we continue to prioritise safety, technology, and user experience.”

The hires include:

1.       Chief Strategy Advisor to the Founders—Amrit Kiran Singh

2.       Group General Counsel—Joyjyoti Misra

3.       Chief Human Resources Officer—Nitin Nahata

4.       Head, Organisational Resilience & REWS—Captain Shakil Ahmed

5.       Head, Public Policy & Corporate Affairs—Chetan Sridhar More

6.       Group Company Secretary & Head of Compliance—Vimal Chawla

7.       Head, Corporate Communications & CSR—Rishi Wadhera

They will form a part of the core leadership group and steer the company in the next phase of its journey.

Amrit Kiran Singh served as the CEO of Brown?Forman, South Asia, for nearly two decades. He was the Executive Chairman of the International Spirits and Wines Association of India and the Vice Chairman of the World Spirits Alliance, Brussels. He has been India’s representative at WHO on the committee for minimising the negative impact of excessive alcohol consumption and was honoured with the title of “Keeper of the Quaich” by the First Minister of Scotland for helping further the boundaries of Scotch Whisky. He has been acknowledged for his accomplishments in the alcoholic beverage industry—particularly in bringing about an “industry-friendly” regulatory policy that has benefited both government and industry. Amrit was also the Chairman of the American Chamber of Commerce.

Joyjyoti Misra joins Gameskraft from Uber, where he led a multiple-award-winning legal team for the entire South Asia region. Prior to his stint with Uber, Joyjyoti was a partner at one of India’s leading law firms—Khaitan & Co. He comes with plenty of experience in advising companies in multiple sectors (including technology, healthcare, education and non-profit); he has advised on marquee transactions, complex product launches, policy formulation and regulatory interaction, complex disputes, multi-jurisdictional M&A, and private equity transactions.

Nitin Nahata is an accomplished HR leader and brings a wealth of experience gained across diverse industries such as financial services, consumer goods, and e-commerce. Most recently, he helped Udaan, the B2B e-commerce start-up, scale its HR function. He was part of the team that launched Starbucks in India and has had prior stints with Standard Chartered and HSBC. Nitin has successfully led employee engagement and shaped companies’ cultural identities to great effect.

Capt. Shakil Ahmed is an army veteran with over 25 years of organisational resilience & brand risk management experience. He has successfully led the strategy, design & implementation of business resilience programs and frameworks across unicorns and global MNCs. An expert on brand assurance, intelligence & investigations, law enforcement engagement, crisis & business continuity management, and workplace services, he has held pivotal leadership roles at OLA, OYO, Amazon, Diageo, Pfizer, and TCS.

Chetan Sridhar More was formerly associated with OYO, PVR, and Airtel. With nearly two decades of experience handling compliance, legal and corporate governance matters, Chetan’s strategy and nodal compliance knowledge have proven vital to maintaining coherent internal policies at his past workplaces.

Vimal Chawla is backed by 20+ years of rich experience in corporate governance, regulatory, and legal matters. Formerly associated with reputed organisations such as OYO, Paytm, Canara HSBC Oriental Bank of Commerce Life Insurance, Aviva India, and Aon Hewitt, Vimal was actively involved in setting up and managing corporate governance and compliance frameworks in the APAC region. He also handled IPO-related activities, investor funding rounds in unlisted start-up companies, TLB funding, FCCB and GDR issues, along with listing of entities on the India, Singapore, and Luxembourg stock exchanges.

Rishi Wadhera joins after more than two decades of experience, with his most recent stint at Carlsberg, where he led the communications and media planning and buying mandate. In combination with his prior involvements in Avon and reputed advertising agencies like JWT and McCann Erickson, Rishi’s career has spanned numerous brands, helping highlight their public relevance. His communications experience, especially, has been vital to setting up companies’ communications departments and corporate voices.

About Gameskraft

Since its inception in 2017, Gameskraft has catered to a growing group of skill-based players within the Esports community. It is now one of the country’s most recognised skill-based Esports companies, home to two massively popular platforms, Gamezy and the ISO 9001:2015-certified RummyCulture. Gameskraft operates at the convergence of technology and Esports, offering millions of gamers secure and high-quality experiences. The company’s keen knowledge of the sector drives newer, innovative, and safer ideas.

LTI Expands Its Global Partnership With Google Cloud Business


* Company to launch dedicated Google Cloud Business Unit for accelerated migration to Google Cloud

Larsen & Toubro Infotech (BSE: 540005, NSE: LTI), a global technology consulting and digital solutions company is expanding its global partnership with Google Cloud. LTI is setting up a dedicated Business Unit for Google Cloud’s six key solution pillars: Application Modernization, Data Management, Infrastructure Modernization, Smart Analytics, Artificial Intelligence, and Security.

LTI’s Google Cloud Business Unit will develop state-of-the-art IP, industry specific solutions, and accelerators with a dedicated team of Google Cloud architects addressing transformation needs for clients across the world. LTI will also list its solutions on Google Cloud Marketplace.

To further cement its strong capabilities on Google Cloud, LTI has launched Canvas Eureka to enable an accelerated data modernization journey to Google BigQuery and to aid AI/ML innovation for enterprises. LTI Canvas Eureka is an automation framework for seamless and faster migration from legacy data warehouses and data lake solutions to Google BigQuery. It helps in assessing the current landscape and defining target state architecture. It also enables the automation of tasks such as schema migration, code conversion and data validation.

Sudhir Chaturvedi, President & Executive Board Member, LTI, said “Enterprises are seeking faster and innovative ways to cloud-based transformation. This expansion demonstrates our commitment to deliver outcomes to them at speed and at scale. We see tremendous potential in our partnership with Google Cloud, and will invest to build these capabilities further.”

Siddharth Bohra, Chief Business Officer & Head of Cloud Business Unit, LTI, said, “Google Cloud is rapidly gaining momentum, and this announcement validates LTI’s commitment in delivering innovative solutions powered by our proprietary framework. Our Google Cloud Business unit will help our clients leverage proven best practices with speed and confidence.”

Kevin Ichhpurani, Corporate Vice President, Global Ecosystem, Google Cloud, said, “LTI’s expertise in Google Cloud technologies and solutions continues to enable organizations with the support they need to successfully execute on their digital transformation strategies. We’re thrilled that LTI continues to invest in and grow its Google Cloud practice. The launch of the Google Cloud Business Unit at LTI will deliver innovative solutions and services to global customers to accelerate their cloud transformation journeys.”

With its investment in cloud technologies, LTI has attained expertise across several Google Cloud products and workloads such as Google Cloud Compute, Google Cloud Databases, Open Source Technology, Cloud Native Application Development, and SAP on Google Cloud. LTI is a Partner of Google Cloud, validating its expertise and capabilities in delivering innovative solutions. More information on LTI’s Google Cloud offerings is available here.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 485 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 45,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees, and shareholders. Find more at http://www.Lntinfotech.com or follow us at @LTI_Global.

Within 4 Days of Going Live On Tyke, Alpino Foods Gets Oversubscribed By 200%


* Acclaimed as a startup with phenomenal potential on Shark Tank India, Alpino Foods has been oversubscribed by 200% on Tyke, after going live on 10th May

* On the very first day of going live on Tyke, Alpino Foods registered a funding over 100%, manifesting a wave of popularity amongst retail investors

* The company anticipates a burgeoning increase in the buzz in the coming days

Hailed for their phenomenal potential on India’s popular business reality show, Shark Tank India, Alpino Foods has set the cash counters ringing on Tyke. The company went live on the Tyke’s resourceful portal for investment on May 10th, 2022 and received a rapturous response, being oversubscribed by nearly 200% by May 13th, 2022. The company representing the health food category has created a rush on Tyke as retail investors hustled to the private investment platform to get a piece of the pie; this was manifested by its debut day allure when it received nearly 100% funding. The company envisages an enormous amount of investor love on Tyke till the campaign lasts.

Tyke’s vision is to become a private investment gateway for startups, angel networks and other institutions. The company orchestrates raising capital as a very friction-free and straightforward exercise by eliminating all the deterrents prevalent in raising capital. Currently, the firm is concentrating on automating private capital investments. Its platform enables entrepreneurs to start a round, define terms, and invite investors to participate. It then uses its own software to handle the necessary paperwork, KYC and signatures, as well as power the fund transfer in perfect sync.

Articulating about the sweeping response from the investors on the platform, Karan Mehra, CEO of Tyke, said, “Stitching communities that back your startup is of paramount importance for reaching the next level and ultimately getting to the echelon of the business world. At Tyke, we always aimed at building an overarching platform for private investment, and currently it has come to fruition. We are extremely excited that pioneering companies such as Alpino Foods are raising funds on our platform and fabricating a community for further corporate endeavours and growth.”

This is not the first time that a Shark Tank renowned brand has been listed on Tyke. TagZ Foods, a snack brand, accredited by the "sharks" on Shark Tank’s esteemed stage, went live on Tyke’s enterprising platform in February and got oversubscribed by an awe-inspiring figure of 752%. Tagz turned profitable this Financial Year, after building a strong community on Tyke. While this is a great news for the Brand, the investors who invested in Tagz on Tyke have also seen their wealth multiply, in a short period of time.

Speaking about the overpowering shower of love from the investors on Tyke, Chetan Kanani Co-founder & CEO at Alpino said, “we are having multiple Investment offers on hand and we are going to close our seed round very soon but before that we wanted to give a chance to our customer to be a part of us in our Journey has they have been the contributor of our success.”

Beholden by the love of the investors, Anish Basu Roy, CEO and Co-Founder of TagZ Foods, said, “While we are still such a small outfit, TagZ Foods, while we are flawed and make mistakes everyday, while we are learning every day about our consumers' needs, to receive so much consumer love is overwhelming! We got oversubscribed on Tyke by a staggering number of 752%! Thousands of consumers have given us a vote of confidence by investing in TagZ Foods. That is precisely the kind of motivation we need to keep building, keep hustling, keep innovating! With thousands of these consumers as our partners, as our evangelists, we are now unstoppable!”

About Tyke-

Tyke is a private investment gateway that enables private capital transactions to happen online in a seamless manner. Tyke’s mission is to make private investment quick and accessible through its digital platform. Tyke eliminates all friction points in the capital raising process, making it friction-free and simple. The company focuses on automating private equity capital investment transactions. Its program allows creators to put up a round, define parameters, and invite investors to join. It then handles the necessary documentation and signatures before powering the money transfer instantaneously using its unique software. The company leverages the virtues of Fintech to provide angel networks, as well as founders and venture capitalists who’re looking to digitize their transactions and deal management. The exclusively digital gateway for private investment also democratizes the whole process by enabling users to start investing with as little as INR 5000.

About Alpino-

Alpino is a vision of 6 classmate friends started in 2016, who wants to do something really big and revolutionise the healthy foods segment of India with the help of peanuts.

Alpino is a pioneer brand in the peanut butter category and is expanding its portfolio to provide a wider range of Products made around the Peanuts. The Idea is Data driven and backed by solid market research. Protein deficiency in India is more than 80% and peanut is the best source of vegan protein and at the same time most affordable. People are also adopting to active & healthy lifestyle now.

Today, even after being a bootstrapped company, Alpino have achieved TTM of 23 Cr and with EBITA of around 1cr. Alpino have achieved various Milestone in their way till now like presence in over 3000 nutrition store across the nation, present in all major E-com platforms like Amozon, flipkart, groffers, swiggy, instamart, etc.

Meet The First Class of LinkedIn’s Creator Accelerator Program In India


In February, LinkedIn launched the Creator Accelerator Program in India as part of its $25 million investment in creators globally. Today, the world’s largest professional network has introduced the first India class of this 10-week incubator program — 200 creators from diverse professional and demographic backgrounds with a unique story to tell and a mutual passion to build meaningful communities. These creators endorse a wide range of professional topics across the world of work such as ethical Artificial Intelligence, entrepreneurship, semiconductors, financial literacy, health & wellbeing and more.

Creators are the lifeblood of LinkedIn — the content and conversations they create go a long way in creating opportunities for others across the LinkedIn community. The program includes creators like Language Quality Manager Raju Gupta (???? ??????) who wants to create Hindi content to help people get the right skills to land the right opportunities, or Kalki Subramaniam, a prominent transgender rights activist who wants to create short videos featuring transgender persons who broke gender stereotypes and built successful careers. Rida Malik Mubeen wants to have conversations with women in STEM and build inclusivity in Science & Technology fields; while Uttam Gupta wants to make education fun and engaging and teach people how to build a $20 million business in the leanest way, and shortest time, possible.

Today, India is the fastest growing market on LinkedIn, with 88 million Indian members on the platform. Interestingly, LinkedIn is looking to achieve even greater levels of member engagement as the Indian creator community continues to grow stronger on the platform. The 10-week Creator Accelerator Program will offer coaching, networking opportunities, and a financial grant to help the 200 creator participants amplify their voice, grow their communities, share content, and spark meaningful conversations.

As part of the program, the 200 participants will also receive guidance from four LinkedIn creators serving as program mentors: Nearbuy.com Founder Ankur Warikoo, Nas Academy CEO Nuseir Yassin, Le15 Patisserie Founder and CEO Pooja Dhingra and MD & CEO of Edelweiss AMC Radhika Gupta. LinkedIn is also partnering with some best-in-class content creation tools including Canva, descript, Restream and Streamyard to support the participants in their creation, and providing each person with production tools including Pivo starter packs.

The final 200 participants in India represent diverse voices who are dedicated to building communities, expanding their networks, and sparking meaningful, informative conversations.

Nearly half of participants are women who will draw on their personal experiences to create content that demonstrates the power of inclusion and representation across industries. A sizable portion of participants also hail from non-metro cities and are keen to make their voices heard and bring different local flavors to content creation. More than 1 in 3 (34%) participants selected English and Hindi as preferred creation languages, and a similar share (33%) expressed an intent to create more content in Hindi. And lastly, niche creators, podcast hosts, entrepreneurs, and students are some of the top creator categories among participants.

Anyone who has a story to tell and is driving professional conversations can be a creator on LinkedIn. For all those that were not selected, LinkedIn will still be supporting their creator journey via regular email updates that relay best practices and content ideas for the platform.

LinkedIn hopes to launch other cohorts in the future. But it’s also important for them to support all creators. Sign up here to receive regular updates from LinkedIn on trending topics, new features and the latest tips for creation. Those interested can also find more resources here, and follow the Creator Weekly newsletter and LinkedIn For Creators page to learn more about future opportunities, new tools and great ways to create content on LinkedIn.

Hyundai Motor India Partners With Tata Power To Power-Up EV-Charging Infrastructure In India


* HMIL plans to facilitate installation of Tata Power's DC 60 kW fast chargers across 34 of its EV Dealer locations in 29 cities, in addition to the existing AC 7.2 kW chargers

* Intended to enhance customer convenience by developing wide network of fast charging stations

* Special tariff to be offered to Hyundai Customers at Hyundai Dealership charging stations

* Tata Power to also supply end-to-end home charging solution, from charger supply to installation for Hyundai EV customers

Hyundai Motor India Ltd., country’s first smart mobility solutions provider and the largest exporter since its inception, today announced strategic partnership with Tata Power, one of India's largest integrated power companies and a leading EV charging infrastructure provider to build a robust EV charging network and boost EV adoption in India at its dealerships. Through this association, Hyundai Motor India Ltd. will become a key contributor in expansion of quality charging infrastructure.

The MoU was signed between Hyundai Motor India Ltd. and Tata Power in the presence of Mr. Unsoo Kim, MD & CEO, Hyundai Motor India Limited and Dr. Praveer Sinha, CEO & MD, Tata Power, at HMIL's Headquarters in Gurugram, Haryana.

HMIL currently has an existing network of 34 EV Dealers in 29 cities, equipped with AC 7.2 kW chargers, and aims to expand the charging infra network across its pan India Dealerships. The vehicle charging time of DC 60 kW charger is much lesser than AC 7.2 kW charger. These DC 60 kW charging stations will enhance customer convenience.

Commenting on the announcement, Mr. Unsoo Kim, MD & CEO, Hyundai Motor India Limited, said, "Realising Hyundai’s global vision of ‘Progress for Humanity’ and in-line with our new brand direction of going ‘Beyond Mobility’, Hyundai Motor India is glad to announce its partnership with Tata Power to facilitate and strengthen India’s robust EV ecosystem and enhance the general outlook on sustainable transportation, reaffirming Hyundai's vision to integrate social responsibility with economic prosperity and community wellness. Such strategic partnerships are fundamental in accelerating the adoption of Electric Vehicles by customers to achieve national goal of carbon neutrality. This partnership will power-up the nations’ electric mobility mission by offering end-to-end EV charging infrastructure at HMIL Dealerships along with supply, installation and commissioning of home charging for HMIL EV customers, thereby, enhancing customer convenience and ease of adoption of electric vehicles.”

Commenting on the strategic partnership, Dr. Praveer Sinha, CEO & MD, Tata Power said “Our collaboration with Hyundai Motor India aligns with the Government of India's National Electric Mobility Mission Plan and demonstrates our commitment to leading India's clean energy and net-zero goals. Tata Power's expertise in EV charging space coupled with comprehensive charging solutions and countrywide ownership of Hyundai vehicles, will help in the development of sustainable mobility infrastructure, boosting faster EV adoption."

Under this collaboration, public EV charging stations at Hyundai Dealership locations will be installed and end-to-end charging solutions at home will be offered for customer convenience and hassle-free EV ownership. The charging stations at Hyundai Dealerships will be open for all electric vehicle customers and accessible through Hyundai and Tata Power EZ Charge Mobile App.

HMIL will facilitate through its dealerships, space and necessary administrative approvals, while Tata Power will operate and maintain the charging stations. Easy accessibility of charging stations through Hyundai and Tata Power EZ Charge Mobile App will enable customers to navigate, locate, and make payments, access live status, and pre-book slots for the charging stations for a hassle-free and smooth vehicle charging experience.

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