Wednesday, June 22, 2022

Union Bank of India Unveils Cyber Security Mascot To Create Cyber Security Awareness


Union Bank of India announced a unique initiative, first of its kind in the Cyber Security Domain by creating & adopting the concept of Cyber Security Mascots to promote Cyber Security awareness amongst its Staff and Customers towards building robust Cyber safe Bank. 

The Cyber Security Mascots, named U Su?Ksha (Female Mascot) and U?Kshak (Male Mascot) were unveiled by Ms. A. Manimekhalai, MD&CEO, Union Bank of India at Mumbai. 

Union Bank of India has taken this proactive step towards meeting the guidelines of  Ministry of Home Affairs, Govt. of India to observe 1st Wednesday of every month as ‘Cyber Jaagrookta (Awareness) Diwas' with special emphasis on capacity building of employees to deal with the challenges of Cyber-crimes. 

This Cyber Security Mascot will act as an enabler to spread Digital awareness amongst Bank’s customers to protect them against the dangers of the Cyber world. 

Cyber Security Mascots will be the face of Union Bank’s Cyber Security campaigns to build a robust Cyber Security culture in the Bank and prevention of Cyber frauds. 

On the occasion Union Bank of India also launched Cyber Badges, Cyber Cards, Cyber Security Play Book, Cyber Moment on Cyber Safety and Security measures for capacity building of employees to deal with Cyber challenges.  

Photo Caption:  Ms. A Manimekhalai, MD&CEO, Union Bank of India flanked by Mr Nitesh Ranjan, Mr. Rajneesh Karnatak & Mr Nidhu Saxena, Executive Directors, Union Bank of India on unveiling of the Cyber Security Mascots 

Indian pharmaceutical Company, Austrak Launches Nephrology And urology Division


* To manufacture 73 valued products in the segment

Indian Pharmaceutical company, Austrak private limited based in Hyderabad, Telangana, launched its new super specialty division to focus on around 73 valued products in Nephrology and urology. With a strong presence in the segment of ophthalmology for the last 12 years, Austrak is one of the leading innovation driven healthcare group, whose core businesses are pharmaceuticals and surgical. Austrak aims to supply products and services that significantly improve people's lives by helping to prevent, diagnose and treat disease.

Speaking on the occasion Mr. Vittal – Chairman Austrak Pvt Ltd said that, Quality is the prime focus at Austrak. All our products are manufactured in W.H.O. / GMP standard manufacturing plants and all facilities meet CGMP standards. In line with our ambitious growth plans, we are launching our Nephrology and Urology division today. This division to focus on around 73 valued products in the segment. Our aim is to develop & market high quality specialty, therapeutic & medical products to cure critical illnesses like Chronic Kidney Disease (CKD) and Urology related ailments with their high prevalence, morbidity and mortality & ease sufferings.

We aspire to become one of the leading pharmaceutical companies that made advanced health care affordable and accessible for the masses in every corner of India.

Our aim is to develop & market high quality specialty, therapeutic & medical products to cure critical illnesses & ease sufferings. Large numbers of patients below the poverty line, low gross domestic product, and low monetary allocations for health care have led to suboptimal outcomes. Moreover, CKD, Urinary problems and other non-communicable diseases have often been ignored in the face of persistent challenges due to competition for resources of communicable diseases and high infant and maternal mortality.

The principal contribution of Austrak private limited to the society is to continue commuting substantial resources to long term strategy of discovering & getting innovative products that improve the quality of human life.

Our products and services make it possible for patients to receive prompt and effective treatment tailored to their individual requirements. By helping patients to avoid or shorten costly hospital stays, they help to reduce the overall cost of healthcare for individuals and society.

EnableX And Sattva Connect Collaborate To Accelerate Digital Transformation of Yoga Through Video API

 


* Sattva Connect leveraged EnableX’s flagship Video platform to host a Yoga session with over 600 participants across the globe on the International Yoga Day

EnableX, a Singapore-based, full-stack communications platform and solutions provider, has collaborated with Sattva Connect, an online yoga platform that inspires transformation, self-realization, and healing. Sattva Connect used EnableX’s Video platform for a real-time, holistic, yoga session with over 600 enthusiasts simultaneously joining from across the world.

With its origin in Rishikesh, India, Sattva Connect has followers from all over the world who share their mutual love for yoga and yogic practices. It believes in yogic wisdom and technologies to elevate consciousness in order to transform lives. As a part of International Yoga Day celebrations and to connect with the ever-growing and committed yoga community, Sattva Connect plans to host a series of exciting virtual yoga sessions on EnableX’s Video Platform

EnableX offers an engaging technology platform that boosts interactions between the host and audience irrespective of the scale of the virtual event. The former will be using EnableX CPaaS capabilities for a synchronic and real-time communication with its community of teachers and students world-wide. Since the launch of Sattva Connect online platform powered by EnableX, they have seen a tremendous upsurge in the number of participants for its online classes.

Sattva Connect is focussed on offering a seamless, uninterrupted and easy-to-use platform to its global audience so they can experience the power and wisdom of Yoga.

Speaking on the collaboration, Pankaj Gupta, CEO and Founder, EnableX said, “We are excited to collaborate with Sattva Connect, which is committed to offering a holistic transformational experience to its users across countries. Yoga has its origin in India therefore, it is a matter of genuine pride that Sattva Connect’s initiative will reach a global audience through our platform.  We thank the Sattva team for choosing our platform for their business needs.”

Speaking on the occasion, Anand Mehrotra, Founder, Sattva Connect said, “We found EnableX to be the ideal fit for being able to deliver a world-class experience to our participants. EnableX gives us the much-needed flexibility to customize every aspect of our solution and that has helped us improve our engagement with users. Our Yoga teachers can now conduct their practice sessions with an expanded audience in a much more engaging format.”

About EnableX.io

EnableX.io is a Singapore-based, global, full-stack communications platform and solutions provider that enables developers and businesses to deliver a holistic omnichannel experience to their consumers.

Backed by a team of over 50 passionate technologists, it empowers Fortune 500 companies as well as start-ups across the globe through its interactive and highly engaging customer experience platform. 

Founded in 2017, the company has established a strong presence across APAC, US, and Europe, serving customers from a diverse industry including Healthcare, Telecom, BFSI, Education, Retail, and E-commerce.

An industry first, EnableX.io is offered both as a cloud and on-premise CPaaS platform. This flexible deployment capability allows EnableX to work with Telcos and service providers looking to launch CPaaS under their brands as a fully white-labeled offering. It also addresses the needs of enterprises looking at the private deployment of CPaaS due to regulatory and data privacy requirements, and the developer community at large.

EnableX.io is a full-stack CPaaS service empowering businesses to deploy omnichannel communication (Video, Voice, SMS, and Messaging) across devices and platforms. From one-to-one chats to large-scale broadcasts, EnableX.io makes communications smarter, flexible and more personal, helping enterprises stay ahead in the digital world. 

EnableX.io’s value proposition is its ability to innovate, which is evident from the recent launches of the most powerful and flexible DIY Visual Builder for Real-time Communication and FaceAI – an advanced AI-driven real time video based emotion analysis API. 

The company has established strategic partnerships with leading Global System Integrators & ISV’s to deliver real time communication capabilities to their global clientele.

 For more information, visit www.enablex.io

AU Small Finance Bank Launches Industry’s First “Customisable Credit Card, LIT”


* The LIT (Live It Today) Credit Card allows cardholders to customise their choice of credit card features as per their ever-changing lifestyle requirements instead of predefined features  

* Introduces Pay-Per-Feature and freedom to Switch On/Off any feature to avail customized benefits across Travel, Entertainment, Shopping, Fuel and Dinning -all on one card.  

Staying true to its mission of Badlaav, AU Small Finance Bank today launched an innovative Credit Card product that brings a revolutionary change in the credit card landscape. The AU Bank LIT (Live-It-Today) Credit Card, by the largest small finance bank and one of the fastest-growing retail banks in India, offers a unique value proposition to cardholders – to choose the features they want and for the time period they want. 

While credit card companies offer attractive products in different categories, it is often difficult for customers to find the combination of all such features in one single card. This forces them to opt for multiple credit cards offering specific category rewards like Travel card for maximising travel related spends or co-branded cards for shopping on specific e-commerce sites. With the LIT Credit Card, the Bank has put the power to choose these features in the hands of the customers – all categories in one card. Further, they also get the freedom to switch on or off these features as per their changing lifestyle requirements.  

LIT credit card provides a higher degree of engagement to customers, through the AU0101 app as they can track their saving/earnings daily to maximize their benefits. Most importantly, the card hosts multiple benefits and customers can activate any feature on-the-go in real time for a small convenience fee. LIT provides the cardholder a complete control on its offers and fee that they pay for those offers in a clear, transparent manner and saves the cardholders multitudes of annual/renewal fee for benefits they don’t use. Cardholders can avail the best of both Cashbacks and Reward Points, using the features that are offered. The default validity period for each feature is 90 days. 

LIT Credit Card offers five categories of features, namely: 

Lounge Access: Wherein customers can opt for one or two lounge access per quarter 

Milestone Benefits: By which, one can get more reward points or cashbacks 

OTT & Lifestyle Memberships: Wherein they can get free membership to various platforms and services 

Accelerated Rewards (Online/Offline): Customers can get higher reward points for online and POS transactions 

Other Features: Including fuel surcharge waiver, cashback on grocery, and much more 

“At AU Bank, we have always believed in challenging the status quo by leveraging technology and innovation to bring the change that the banking industry needs. Last year, we became the first Small Finance Bank to start a Credit Card portfolio to empower our customers. Soon, we observed that the digitally-savvy and GenZ consumers needed more control over the products they use. This led to the evolution of the customizable LIT Credit Card which brings the features of many credit cards into a single card. We will continue to launch many such innovative products and remain true to our mission of being the change agent through our mission, Badlaav Humse Hai,” said Mr. Sanjay Agarwal, MD & CEO, AU Small Finance Bank. 

While AU Bank already has a bouquet of card services, the addition of the LIT Credit Card will help it cater to the evolving needs of a digital-savvy generation of informed users. AU Bank launched their first range of credit cards last year. Since then, the Bank has successfully enrolled more than 2.3 Lakh credit cards customers from over 200 districts of Tier 2 and Tier 3 cities, majority of whom are first time credit card users. 

Venture X US Enters India, To Open Offices At Two Locations In Gurugram


* The company so far invested approximately $5Mn in the Indian market; plans to invest $2-3Mn by 2023

* The company offers a modern, flexible coworking franchisee at convenient and beautiful landmark locations across India

Venture X® is an affiliated brand of UFG coworking division, CoworksTM which is the largest privately-owned franchisor in the coworking industry having more than 200 locations opened/signed up globally is now entering the Indian market. Venture X has revealed their first two premium locations in Gurugram with a cumulative 1200 seats spread across 45,000 and 16,500 sq. ft. space at Sector 67 and 44 respectively. The company plans to expand PAN India in all the major Tier I and Tier II cities.

Venture X Gurugram offers flexible, premium coworking space options for individuals and companies, including established businesses, entrepreneurs, small and medium- sized enterprises. Catering to the ultra-modern and professional work space-related needs of the consumers, the company provides creative, innovative, and well-designed office solutions to businesses. In addition to their actual workspace, members have access to community café areas and other amenities, promoting networking and collaboration opportunities within their teams and with other Venture X members. The community space is available for hosting networking events, meetings and conferences.

An Attractive Absentee ownership franchise model for investors, Venture X offers a blend of a boutique hotel and modern office styles featuring a more upscale design level than most spaces that lean less professional and more toward a juvenile, playful aesthetic.

“We are excited to bring the brand Venture X to India, a blend of boutique hotel and modern office styles, with an elevated level of design. This makes it a perfect global address for entrepreneurs and corporates. Post the pandemic, flexible office spaces are very much in demand and in times to come franchise based models would be the right choice as they are better aligned towards revenue for all stake holders. We have invested around USD 5 Million in the Indian market and plan to invest USD 2-3 Million by the year 2023.”, said Anil Lakra India Partner, Venture X.

“We are delighted to get into a partnership with the UFG brand Venture X here in India. We have the Master License for the India region. We are excited about this venture and are bullish to expand across India. We have currently opened two locations and would grow to 8-10 across India by end 2023, said Rahul Kapur India Partner”.

“United Franchise Group could not be any more excited to be a part of the launch of Venture X India. We recognise India as a crucial market in the Venture X global footprint. Our Master License partners have the experience and local knowledge to ensure excellent growth throughout India. The Venture X flagship location in Gurugram is one of the largest facilities within our global network. It offers state of the art co- working facilities for its members and represents a great opportunity and a fantastic model of the Venture X franchise in India for franchise investors.” said Mike Gallagher – Executive Vice President -- Asia Pacific.

Venture X intends to expand its team size all across India and has plans to spread its footprint in major metro cities, including Bangalore, Hyderabad, Mumbai, Chandigarh, and Pune in the near future. With multiple vacancies for corporate leasing, procurement, real estate, marketing, and digital, Venture X has plans to recruit professionals PAN India.

About Venture X

Venture X® is a shared workspace and community that is a blend of a boutique hotel and modern office styles, with a high level of design that feels professional and welcoming. Each Venture X location features beautifully designed spaces and a highly developed environment within a community where people love coming to work every day. Venture X has been recognized by Inc. as one of the best coworking spaces in the United States and is part of CoworksTM the largest privately held affiliated coworking franchise network on the planet, associated with United Franchise GroupTM (UFG), a successful community of affiliated brands and consultants. For information about Venture X visit www.venturex.com and for information about franchise opportunities visit www.venturexfranchise.com.

BMW Drives In Exclusive VIP Mobility For Bird ExecuJet Aviation Group

 

* BMW 7 Series and first-ever BMW X7 to usher VIP’s at Terminal 4, Delhi Airport.

* #BMWIndia #SheerDrivingPleasure.

The new BMW 7 Series and the first-ever BMW X7 are now official choice for all VIP movements at Terminal 4, Delhi International Airport. The high-end BMW cars will now be used by all dignitaries, leading businessmen and eminent personalities transiting through the Terminal 4 of Delhi International Airport.

The new BMW 7 Series features exquisite design details, finest materials and powerful innovations which deliver a new echelon of driving pleasure. It has been exclusively imagined, designed and crafted for individuals who value every moment, discover an experience inspired by those who drive the world.

The first-ever BMW X7 is a statement of the luxury class. It is an elegant fusion of presence and personality. Despite its majestic appearance, it gives an impression of lightness and agility thanks to the puristic design and athletic styling. At the same time, the considerable spaciousness of the interior offers a pioneering interplay of exclusivity, functionality and freedom – incomparable comfort.

BMW Excellence Pavillion - The VIP Lounge at Terminal 4 showcases the exclusive BMW Lifestyle Collection. Individuals can explore a wide range of refined-yet-practical apparel featuring modern copper accents and accessories inspired by the iconic BMW design language of past, present, and future.

ExecuJet is a leading Global Business Aviation organization offering diverse range of services including aircraft management, aircraft charter, aircraft completions management and fixed base operations. ExecuJet manages over 166 business jets worldwide under the most stringent safety standards. Its commercial fleet is operated under the regulatory umbrella of six regional civil aviation issued air operating certificates (AOCs). ExecuJet has operations in Africa, Asia Pacific, Caribbean, Europe, Latin America and the Middle East and is part of the Luxaviation Group.

After Hybrid Workplace, It’s The Era of Hybrid Selling: LinkedIn State of Sales APAC 2022


* 81% of buyers in India agree that working remotely is making buying easier

LinkedIn, the world’s largest professional network, announced the launch of the sixth edition of its State of Sales APAC 2022 report to understand how the pandemic and the rise of remote work accelerated the proliferation of sales technology. Based on the responses of 750 buyers and 750 sellers in India, survey findings reveal top 3 emerging trends that are shaping the future of sales in India:

The pandemic disrupted the sales process — permanently and positively

The continued rise of sales technology and data-driven selling

Top performers are thriving due to their intelligent use of technology

“Over the past two years, the rise of remote work has accelerated the use of technology across industries. Our data shows that three-quarters (73%) of sellers in India today are relying on sales technology at least once a week – which clearly means that data is driving the future of sales. By empowering sales teams with accurate real-time data, tech is helping sellers enhance their outreach, gain valuable customer insights, and build better experiences,” said Abhai Singh, Head, LinkedIn Sales Solutions for India.

The pandemic disrupted the sales process — permanently and positively

In today’s predominantly digital era, 4 in 5 (81%) buyers in India feel that remote work has made buying easier today. Sellers too have felt this pull, with every 1 in 5 (22%) clocking deals worth $500,000 or above without ever meeting the buyer in-person. With the number of sales professionals without any remote work experience dropping to one-fourth during the pandemic, it is evident that remote working is here to stay.

The survey indicates younger sales professionals are placing a higher emphasis on soft skills, so they can develop closer relationships with their buyers or clients and close better deals. The survey also reveals that the ability to build trust is the #1 most important factor for closing deals among younger (under 35 years) sales professionals (21%), as compared to older (over 35 years) professionals who prioritise metrics like ROI (16%) and price (17%).

The continued rise of sales technology and data-driven selling

Companies are increasing their appetite for data-based insights to better gauge buyer intent and drive greater sales. This is especially true amidst the ongoing Great Reshuffle when buyers and sellers are constantly considering shifting roles. In fact, more than 8 in 10 (84%) sales professionals in India have lost at least one deal to an important decision maker changing roles in the past year alone. Therefore, access to the right intel has become mission-critical for sales functions across the board.

To avoid these repercussions, 3 in 4 (73%) sellers in India are now using sales tech at least once a week to get access to accurate real-time data, indicating the growing preference for CRM systems and sales intelligence tools in the industry. Findings also suggest that younger (under 35 years) professionals are leading this tech-savvy shift, given that they are 1.2x more likely to use CRM tools for 3+ hours in a week as compared to their older (over 35 years) counterparts.

But as more businesses turn to tech, sales managers must seek ways to deal with the impending challenge of ‘dirty data’, with 2 in 5 sellers (46%) and CRM users (38%) identifying incomplete and inaccurate data as their largest data challenge.

Top performers are thriving due to their intelligent use of technology

With 4 in 5 (83%) top performers (those reaching 150% quota or more) in India admitting to always putting the buyer first, it is evident that customer experience is dominating their minds – and tech is becoming fundamental to this pursuit. By helping them understand buyer behaviour, sales technology is allowing sellers to add value and maximise the experience for their customers. According to the survey, over 2 in 5 younger (under 35 years) sales professionals today are driving customer experience by using data more often for defining buying committees (42%) and targeting accounts more likely to buy on the basis of geolocations (43%).

The report further reveals that top performers are also more likely to leverage these insights more often than other sellers. More than 8 in 10 (83%) top performers in India trust conducting research before reaching out to prospective buyers. This reinforces the central role that data-led research is set to play in driving new and improved customer experiences in the future.

Methodology

This India edition of the APAC State of Sales 2022 report is part of the global State of Sales project, which surveyed almost 15,000 buyers and sellers across 11 countries including Australia, Brazil, Canada, France, Germany, India, Mexico, the Netherlands, Singapore, the United Kingdom, and the United States. For the APAC edition, LinkedIn surveyed a total of 2,250 buyers, and 2,250 salespeople and sales managers, in Australia, India, and Singapore. For these countries, Schlesinger Group, a research panel company, conducted two online surveys in January 2022: one of sales professionals, the other of decision makers. Both samples include respondents over 21 years old who are employed at companies of different sizes and industries.

While the report offers a deep dive into the top 3 trends, the release draft also references statistics for groups of:

“Top Performers” or the most successful sellers — those reaching more than 150% of quota.

"Younger professionals" – sales professionals under 35 years of age.

"Older professionals" – sales professionals over 35 years of age.

About LinkedIn

LinkedIn connects the world’s professionals to make them more productive and successful and transforms the way companies hire, market and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has more than 830 million members and has offices around the globe.

LinkedIn Sales Solutions makes it simple to tap into the power of LinkedIn, the world’s largest professional network of more than 830 million members, empowering every salesperson to put buyers first. The platform’s portfolio of Sales Solutions, including LinkedIn Sales Navigator and LinkedIn Sales Insights, leverages people-powered data and insights to allow sales organisations to focus on the accounts with the most opportunity, and sellers to develop and grow relationships with buyers at scale.

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