Bitbns Is Country’s First Crypto Exchange To Facilitate Automated Trading In Cryptocurrency

* Partners with Tradetron to broaden retail participation in Indian cryptocurrency trading and investments

·         To empower users to automate their investment strategies

·         Algorithm strategies created by investors for their own use or for others to avail automated crypto trade

·         Investment algorithm to be accessible to both existing and new users

·         Tradetron is the most widely used automation platform for trading in the country

Bitbns, a leading Indian cryptocurrency exchange, has partnered with Tradetron, the country's most widely used algorithm automation platform, to facilitate automated crypto trading for its traders and investors. With this strategic partnership, Bitbns aims to empower its users to automate their investment strategies while facilitating seamless trading and investment in the digital asset class.

Automated trading, also known as Algo trading, is the process of using computers programmed to follow a defined set of instructions for placing a trade to generate profits at a speed and frequency that is impossible for a human trader. The most significant advantage of automated trading is that users can execute a particular crypto trading transaction on multiple indicators, inclusive of a targeted price at lightning speed. 

Automated trading has been popular among equity traders. It is now slowly becoming a popular choice among crypto traders globally too. 

It empowers strategy creators by allowing them to automate their strategies and make them available to investors and traders worldwide. Users need not have to write a code and yet can create an algorithm to trade automatically.

Tradetron is a multi-asset, multi-currency, multi-exchange which allows strategy creators to create trading algorithms using a web-based strategy builder. Once the users create the algorithm, it can be listed on the exchanges where investors can subscribe to them and take those trades in their existing brokerage accounts. Tradetron is the most widely used traded automation platform in the country. 

Commenting on this development, Gaurav Dahake, Founder & CEO, Bitbns, said, "Innovation is at the heart of everything we do and as one of the country’s leading crypto exchanges, we have always pursued to offer a seamless end-to-end trading and investment experience to all our customers. Our partnership with Tradetron, will offer our users the unique proposition to avail a more systemic approach to active trading than being driven by emotions or mere gut. By following a defined set of instructions pertaining to price, quantity, timing etc. this trading mechanism has the potential to help build more discipline into trading. Additionally, the platform will help build more trust among retail investors who can now bank on a computer program to enjoy smart trading while opting for the strategy that works best for them."

Commenting on the development, Umesh Ranglani, CEO, Tradetron Inc, said, “Crypto as an instrument has two specific properties which make it ideal for automated trading; Its volatility and the fact that it’s a 24-hour trading window. One possibly cant be available for trading all the time and once the algo is doing the job for you, you can let your strategy do its magic. We are excited to tie up with BitBns as our first crypto partner to bring the power of Tradetron to all BitBns users. As the ecosystem deepens, stable, dependable, profitable strategies will emerge which one can trade to take bets with an edge on your side.  “.

The feature is live on Tradetron and Bitbns platform and is accessible to existing and new users. 

About Bitbns

Bitbns is India's most versatile exchange. With over 4 million users, it is today a one-stop shop for a diverse suite of crypto-based products and services. With varied products such as Bitdroplet, SIP in bitcoin, FIP which is fixed deposit for crypto, the exchange caters to a wide variety of audiences inclusive of traders and long-term mature investors among others. The exchange also offers advanced trading capabilities like margin trading which can be leveraged by sophisticated traders and automated trading options through API for users. Bitbns has Bitbns Quick Swap which offers over 400 cryptocurrencies which can be traded - the highest in India. Founded in 2017, Bitbns is the fastest and easiest way to buy & sell Bitcoin (BTC) at the lowest trading fee.

https://bitbns.com/

'Women & Diversity Brings More Rounded And More Innovative Outcomes In Any Organization'

As it is International Women in Engineering Day on June 23, Lesley Dean, Director- Enablement & Learning at Fluent Commerce, remarks, saying that, "There is still much societal bias in deeply ingrained gender stereotypes. Women who do find interest in engineering, and perhaps even study it, find themselves in a very male dominated, competitive environment, and often don't stick to it. Even for the few women that build a career in the industry, the management level is often dominated by men, which continues to deter women. If there were a few more female engineering managers around, this could encourage more young women to pursue this career, believing they too can climb the ranks and have influence and recognition in this field. 

Don't get me wrong, we are moving forward, but too slowly to see a significant impact in the numbers. I've been in this industry for more than 20 years, and in many ways I feel as though there are even fewer women in engineering. Women tend to take specific roles or areas of study, where the numbers are more balanced, or even predominantly women. 

My advice for girls and women looking to start a career in engineering: Please do it - we need you! Don't shy away from one of the most fun and rewarding careers on the planet. Learning and being able to build things, solve problems, and innovate with new ideas is addictive! Every day you have the opportunity to add value, solve a problem, be creative, and see the outcome of your work. 

Organisations can do something with and through schools, helping to change some of the systemic problems. Actively seeking to hire more women engineers, contribute scholarships, and encourage their women engineers and leaders to share their stories, and talk more about the great things they are doing in their company, will also help to address this balance. 

After all, diversity brings more rounded and more innovative outcomes. Women often have unique perspectives from men, and this can only result in better outcomes when both can come together to design and build solutions to problems,” she concludes. 

Spiritual Lifestyle App ‘Paavan’ Raises $500K In Seed Funding From Waterbridge Ventures, Others

BharatFirst Technologies, the parent company of spiritual lifestyle app Paavan, today announced that it has raised US$ 500K (approximately ?4 Crore) in a seed round of funding, led by Waterbridge Ventures. Several prominent angel investors also participated in the round, including IndiaQuotient General Partner Anand Lunia, Fitso co-founder Saurabh Aggarwal, Giva co-founder Ishendra Agarwal, Animall co-founder Kirti Jangra, Credgencies co-founder Rishabh Goel, and Gocomet co-founder Chitransh Sahai.

BharatFirst said that it will use the funds raised to further enhance the product, create exclusive content IPs and hire talent across functions and verticals. The startup was founded in 2021 by IIT Delhi alumni Sankalp Jain, Nitin Agrawal and Mohit Mittal. 

Launched eight months ago, Paavan is a video-first content app that aims to act as a lifestyle guide for people in their quest to live a balanced and fulfilling life. The app’s content is based on frameworks rooted in India’s traditional knowledge systems and is derived from India’s rich ancient knowledge, sciences and spiritual practices.

Sankalp Jain, co-founder of Paavan said, “Today, we are thrilled to announce the backing of such marquee investors for the next stage of our growth, as we reaffirm our mission to make Bharat’s knowledge accessible to a whole generation of Indians and help them live better lives by reconnecting with their roots. Leveraging technology and immersive experiences, we plan to deliver seemingly complex knowledge in a simplified way for the masses.”

Paavan has already registered over 300,000 downloads on Google Play and counts more than 100,000 monthly active users. The app is designed to provide practical applications of these concepts for self-improvement or solving personal or professional conflicts, like improving concentration using Yog Sutra, or enhancing leadership skills using Arthashastra.

“Paavan was launched with a belief that the Bhartiya way of life offers a universally applicable framework to live a spiritually and emotionally fulfilling life, in close harmony with community and nature. We are glad to see that this belief resonates with so many people as evidenced in the growing user base of Paavan app,” Sankalp added. “The high engagement levels on the app demonstrate that people are interested in demystifying these knowledge systems.” 

While the western world has for long been proactively learning from the ancient Indian knowledge to lead a spiritual lifestyle, Indians are now demonstrating greater confidence in their cultural identity as they seek to connect with their roots. The Paavan app helps anchor their lifestyles into wisdom derived from ancient learnings.

“The unbundling of Youtube will continue to lead to emergence of verticalized players which are focussed, custom-built for their target audiences and can have much better engagement. Paavan is uniquely positioned to take advantage of a growing need to live a more aware and balanced life, along with a near-universal smartphone and high-speed mobile Internet penetration in the country. We are really impressed with their tech-first approach, and the founding team’s vision for the platform and the scale that can be achieved, and are therefore excited to come on board and get a ringside view of their next stage of growth.” said Ashish Jain, Partner at Waterbridge Ventures.

Going forward, Paavan aims to strengthen its content library for people of all age groups and cultural backgrounds. It is also working to produce videos in more Indian languages. The app currently offers Hindi-language content.

About Paavan:

Available on Google Play, Paavan is a spiritual lifestyle app with a mission to make the ancient Indian knowledge systems more accessible to the modern world, and help people embrace the Bhartiya way of life. The app features video and text-based content to guide its users with practical lessons drawn from India’s rich ancient wisdom, practices and science. 

For more information, visit https://paavan.app/  

PwC India To Acquire Consulting Firm - Venerate Solutions Private Ltd

* Strategic acquisition will add to PwC India’s talent pool while enhancing the firm’s Salesforce consulting practice and platform engineering capabilities

PwC India has agreed to acquire Venerate Solutions Private Limited (‘Venerate’), one of the fastest growing and highly innovative Salesforce consulting firms in India. Upon completion of the acquisition, Venerate, a Salesforce Summit (Platinum) partner, and its team of highly certified consultants and developers will integrate with PwC India’s Salesforce practice. This acquisition aligns with PwC’s commitment to invest in the area of digital transformation and also in strategic alliances.

Founded in 2016 in Bangalore, Venerate builds and deploys cutting-edge customised solutions on the Salesforce platform across multiple clouds including Financial Services Cloud, Salesforce Marketing Cloud, Vlocity Industry Cloud and various integration tools. These solutions help organisations reimagine the customer experience, seamlessly ramp up sales and support their growth journeys.

"As businesses race to embrace new ways of working digitally, Salesforce has become a key area of client demand. Venerate will augment our Salesforce consulting practice with significant end-to-end capabilities in the areas of platform engineering, and cloud and managed services, thereby bolstering our ambitions as  a community of problem solvers," said Sanjeev Krishan, Chairman, PwC in India.

Partho Bhattacharya, CEO, Venerate and Biswanath Bhattacharya, Founder and Director, Venerate are very enthused by the prospects of this development. They believe that Venerate’s strengths combined with PwC India's extensive reach will provide tremendous opportunities, both for clients and talent alike. In fact,  the people first culture of both Venerate and PwC are also closely aligned, while the niche skills that each brings to the market are complementary. This common ethos will make integrating together to serve clients and help them solve important business problems seamless.

“This acquisition marks the beginning of the inorganic growth aspirations of the Advisory business in India. To fast track this, more such opportunities  are being actively evaluated in the Cyber, ESG, Cloud & Analytics domain. This is also aligned with the New Equation strategy that we launched last year.,” said Arnab Basu, Leader- Advisory, PwC India.

“At PwC, we leverage technology to help solve complex business problems, continuously innovate and identify new opportunities for our clients and other stakeholders,” said Pawan Kumar S, Leader - Technology Consulting, PwC India. “The addition of Venerate will enable us to achieve these goals faster while significantly deepening and broadening our capabilities in this space." 

The transaction is expected to close in the coming few weeks, subject to customary closing conditions.

3i Infotech bags US $2.2 Mn Digital IMS Deal With One Of UAE’s Leading Digital Transformation Companies

3i Infotech Limited (BSE: 532628, NSE: 3IINFOLTD), a global Information Technology company, committed to accelerating business transformation, has signed an enterprise solution deal with one of UAE's leading digital transformation companies. Spread over three years tenor, the contract value is around US $2.2 Mn (INR 17.14 cr), pertaining to Digital Infrastructure Managed Services (IMS) and BI/ Analytics Managed Services. 

3i Infotech’s Digital IMS comprises of IT infrastructure and cloud which helps customers in optimizing their IT spends. The company’s investments in leading tools, along with the right talent and processes make them a one-stop-shop for all digital transformation needs of enterprises globally. With over 200 customers, 3000 infrastructure professionals, and an integrated HybridNXT Support framework for On-Prem & Hybrid Eco-System, the company transforms the IT Infrastructure of enterprises with a laser-sharp focus on uptime, MTTR, and adherence to regulatory compliances. 

Commenting on the deal, Thompson Gnanam, Managing Director & Global CEO, 3i Infotech said, “We are delighted to be chosen as a digital transformation partner of one of UAE’s most reputed enterprise solution companies. Middle East is a key growth region for us, and this deal further validates our commitment to this market. Through this association, I foresee common synergies that we could leverage on to deliver a unique value proposition to our customers. Digital transformation is our overarching focus area and will continue to be our key strategic theme in the Middle East region.” 

3i Infotech Digital IMS develops and implements transformational roadmaps for complex enterprises. They enable enterprises to build, operate and manage NextGen infrastructure for digital transformation, ensuring that it is robust, flexible, secure and scalable. With a consultative approach, 3i Infotech also advise clients on how best to deliver business outcomes using their industry and technical expertise. 

About 3i Infotech  

Headquartered in Mumbai, India, since inception in 1993, 3i Infotech has been committed to driving business value across multiple industry verticals. 3i Infotech, today, has emerged as a leading name in propelling the current wave of digital transformation initiatives, with deep domain expertise across BFSI, Healthcare, Manufacturing, Retail and Government sectors. The company has over 5000 employees in 32 offices, 15 countries and across 4 continents. With a wide range of IT services, 3i Infotech has successfully transformed business operations of 1,200+ customers across 50 countries. The company has a very strong foothold and client base in geographies like North America, India, Asia Pacific, Middle East and Kingdom of Saudi Arabia. 

Website: https://www.3i-infotech.com/ 

Abbott Launches Grow Right 2.0 Highlighting The Right M-E-A-N-S To Help Parents Foster Holistic Growth In Children

·     Indian parents remain concerned about after-effects of the pandemic on their children as they begin returning to a normal lifestyle, reveals a new Abbott-Momspresso survey

·     Abbott’s Grow Right 2.0 Charter can help parents address concerns with expert-backed guidelines to help encourage healthy habits in children

The pandemic has shifted many normal routines, especially related to parenting, and a new Abbott-Momspresso survey has brought to fore several concerns and apprehensions that Indian parents continue to face. To encourage healthy, holistic growth in kids, Abbott has launched its Grow Right 2.0 charter introducing M-E-A-N-S guidelines for good practices in Measuring growth, Eating, Activity, Nurturing and Sleep. The charter – backed by health and nutrition experts – can help address parents’ concerns by providing tips to encourage healthy lifestyle habits that will positively impact their children.

The survey, conducted online earlier this year with over 2,500 moms across India, highlights changes in eating habits and physical activity – two key lifestyle functions impacting healthy growth in children:

68% of the respondents feel that their child have become fussier with food choices

84% feel that the pandemic has led to reduced physical activity and increased use of digital technologies

70% feel that their child’s immunity is not strong enough to be safe in external environments

The Grow Right 2.0 Charter developed by Abbott acknowledges the survey results and includes recommendations from a guild of leading experts in childcare pediatrics, nutrition and behavioral science, including pediatricians Dr. Indu Khosla and Dr. Sumon Poddar, nutritionist Dr. Eileen Canday and child psychiatrist Dr. Shiva Prakash Srinivasan.

An Underlying Need to Adopt the Right M-E-A-N-S to Grow

With the world re-opening and with physical schools and offices resuming, there is a noticeable momentum in the shift back to the highly anticipated normal. It is important for parents and children alike to unlearn some habits formed over isolation – like inactivity – and disrupted living patterns.

''The early years of a child’s life are foundational and very important for lifelong health and development,'' said Swati Dalal, general manager of Abbott’s nutrition business in India. ''Nurturing growth is critical, which is why Abbott is acknowledging parents’ concerns and empowering them with the Grow Right 2.0 Charter with the right M-E-A-N-S to ensure their child is not just growing physically but also holistically.''

The M-E-A-N-S guidelines include disciplined sleeping patterns, meal schedules, physical activity time and intellectual pauses/reflections:

Measuring & monitoring growth: Correct measuring is important to understand and monitor a child’s growth. It can also help identify shortfalls in growth so that parents can act early and address the cause.

Eating correctly: Nutrition is key for holistic growth and immune system support. A child’s daily diet should include the five food groups – cereals, pulses, milk & meat, fruits & vegetables, fats & sugar. For parents of fussy eaters, oral nutrition supplements can help ensure children receive balanced nutrition.

Actively playing: Physical activity helps improve bone health, enhances sleep, and promotes overall physical health. It can also help lower risk of health issues, including pediatric obesity.

Nurturing & disciplining: Parents can promote emotional well-being by showing empathy and encouraging kids to share their feelings. Experts recommend avoiding punishing children frequently but instead allowing them time to reflect and resolve to help fix their behaviour.

Encouraging sleep: Early-age healthy sleeping habits are important to promote physical and cognitive performance in children. It is recommended for parents to build a bedtime routine for kids and maintain timing consistency.

''The foundations of lifelong physical and mental health are laid in early childhood. Building healthy habits and routines can help promote optimal growth and enhance children’s chances of succeeding in school,'' said Dr. Shiva Prakash Srinivasan, Child Psychiatrist. ''Parents and caregivers have the opportunity to find effective and creative ways to engage with their children and to lead by example.''

World Wi-Fi Day: ACT Fibernet Builds ‘Digital Inclusion’ Through Public Wi-Fi Hotspots In India

* In 2021 alone, the broadband company installed over 4000 Wi-Fi Hotspots across Hyderabad, Bangalore, and Chennai, that consumed over 2500 TB of data.

To further strengthen its initiative towards building a digitally inclusive society, ACT Fibernet has been enabling free internet access to all the people across major cities in India. In 2021 alone, the broadband company installed over 4000 Wi-Fi Hotspots across Hyderabad, Bangalore, and Chennai, that consumed over 2500 TB of data.

Today, we depend on internet connectivity for everything, from work to shopping, entertainment, and knowledge. As people’s lives are increasingly mediated via digital interactions built on information and communication technologies, multiple services are now being available digitally. However, not all have access to the internet and its abilities, which creates a digital divide in society.

To build a digitally inclusive society and to empower citizens of India, ACT Fibernet undertook multiple initiatives across different parts of the country in the last year. The company installed 4300+ Wi-Fi Hotspots across Hyderabad, Chennai, and Bangalore. These hotspots, powered by ACT SmartFiber™ technology, are located across hospitals, bus stops, malls, public libraries, parks, and schools. In the last year, ACT Fibernet saw the success of these projects, as the hotspots registered a total of over 1.4 million unique users, who consumed an average of 1.8 GB data each.

On the occasion of World Wi-Fi Day, Bala Malladi, CEO, ACT Fibernet said, “Today, we are at a stage where digital technologies are increasingly the heart of everyday interactions. So, having limited access to technology often results in limited access to basic needs and services. As a result, solving digital disparity is more important than before. At ACT Fibernet, this has always been important to us, and we are happy to contribute to bridging the digital divide through our Wi-Fi hotspots.”

Across all ACT Fibernet Wi-Fi hotspots, existing customers of ACT Fibernet, when they login with their ACT credentials, get their current home plan broadband speeds. E.g. if ACT Fibernet users have 100 Mbps plan speed at home, they will get 100 Mbps speed at these Wi-Fi hotspots too. Guest users have to login through the ACT Free Wi-Fi portal with their phone number and OTP and can use free internet for 45 mins at 40 Mbps speed and 1 GB data limit without any cost.