ELGi Concludes Its Largest-Ever #WhatsYourFinishLine Global Fitness Challenge

* Employees of ELGi and Channel Partners across the globe participated in the 4th edition of the #WhatsYourFinishLine Challenge 2022 in a bid to spread awareness about fitness and the need for a healthy lifestyle

Elgi Equipments (BSE: 522074 NSE: ELGIEQUIP), one of the world’s leading air-compressor manufacturers, concluded the fourth edition of the annual #whatsyourfinishline challenge. The 21-day-long challenge, which culminated on the 6th of November 2022, saw 1874 employees and distributors across the globe come together for a common purpose; to improve overall wellness, spread awareness about physical fitness and mental well-being, and emphasize the need for a healthy lifestyle.

This year, 1874 participants from 27 countries, divided into 124 teams, clocked over 85648 miles running, walking, or jogging. Several daily mental and physical fitness challenges, such as meditation, cycling, and squats, were introduced to promote overall wellness.

Elgi Equipments will also power the 2022 Coimbatore Marathon scheduled on 11th December, with over 1700 employees and their families expected to participate. This is the 10th edition of the Coimbatore marathon, and ELGi has been a sponsor since 2013. All proceeds from the marathon support the Coimbatore Cancer Foundation in its efforts to spread cancer awareness among the masses.

About ELGi: Elgi Equipments Limited is a global air compressor manufacturer with a broad line of innovative and technologically superior compressed air systems. ELGi has consistently ensured that its customers achieve their productivity goals while keeping the cost of ownership low. ELGi offers a complete range of compressed air solutions from oil-lubricated and oil-free rotary screw compressors, oil-lubricated and oil-free reciprocating compressors, and centrifugal compressors to dryers, filters and downstream accessories. The company's portfolio of over 400 products has found wide application across industries. For further information on the organisation and its products, visit http://www.elgi.com

Working Beyond Borders Comes To Hyatt Centric, Bengaluru On November 9

* With a spotlight on the challenges of remote hiring, the first pitstop of season two set the context for Employer of Record (EOR)

The second season of Working Beyond Borders kicked off at Hyatt Centric in Bengaluru on November 9. With a spotlight on the challenges of remote hiring, the first pitstop of season two set the context for Employer of Record (EOR).

Working Beyond Borders was conceived as an invite-only event designed to provide in-depth analysis and insights for organizations prioritizing global expansion in a rapidly evolving payroll landscape. After traversing five cities across four continents in season 1, the Bengaluru pitstop was headlined by Priyanka Mitra, Practice Director, Everest Group, and Paneerselvam Madanagopal, VP & Chief Innovation Officer, T-Hub, which was followed by a panel Q&A.

As the event was aimed at organizations aspiring to leverage global talent, Priyanka Mitra’s session was about enabling the future of work through EOR. There was a spotlight on disruptions in work and the key trends impacting the future of work. The need to leverage the global talent pool was highlighted by Paneerselvam, who also shed light on the strategies to be adopted by start-ups.

Vivek Khanna, Chief Client Partner, Neeyamo, said, “Global expansion is a priority for high growth tech start-ups, unicorns, and aspiring enterprises. EOR becomes a critical tool for organizations looking to onboard talent abroad while saving time on HR admin. The Bengaluru pitstop of Working Beyond Borders highlights organizations' challenges and provides solutions that afford them complete control over managing their extended workforce.”

About Neeyamo

Neeyamo is a leading technology-enabled global payroll and EOR solutions provider for multinational and micro-multinational corporations worldwide. With an extensive team of professionals serving clients across 190+ countries, Neeyamo leverages its unique service based model and functionality-rich, next-generation HR & payroll products portfolio to help organizations enable agile and scalable business. To know more, visit www.neeyamo.com

Zoho Announces New R&D Investments And $1 Billion In Revenue

"At Zoho, we have always believed that technologists should practice more humility," said Sridhar Vembu, CEO and Co-founder, Zoho Corp. on the sidelines of Zoholics India, the company's annual user conference. "After all, we cannot code more food, nor compile new energy. Unfortunately, recent developments in our industry amidst a backdrop of rapidly deteriorating global economic outlook, are a rude reminder of our own limits as technologists."

"Fundamentals matter now more than ever, and our industry has to learn to lower the friction of technology, so that technology becomes far more affordable," added Vembu. "We have also crossed an important milestone of $1 billion in annual revenue. While growth has slowed down quite a bit in 2022 over 2021, our diversified product portfolio and the fact that we save money for customers has helped us so far. We hope to continue to serve our customers by bringing the highest quality offerings at very affordable prices."

The Chennai-headquartered global technology company, also announced today that it plans to open 100 network PoPs (point of presence) around the world in the next five years for providing users with faster network, and also double investment for technologies such as blockchain and AI (artificial intelligence). Zoho, which spends three times its marketing spend on R&D and has received 25 patents in the last three years, attributes its growth to: strong R&D capabilities across categories and markets, its diversified portfolio, and to businesses choosing unified offerings over single products.

The company, known for its prudent spendings, has surpassed USD 1 billion in revenue, with India leading the growth. India's annual revenue increased by 77% in 2021. The company is seeing uptake of products across different categories, with the top five offerings in India being Zoho One (the operating system for business), CRM Plus (customer experience platform), EX offering—led by Zoho People (human resource management platform) and Zoho Workplace (enterprise collaboration platform), and the finance suite led by Zoho Books (GST-compliant accounting software).

By offering unified solutions across various categories (customer experience, employee experience, marketing, collaboration, etc), that also integrate well with third-party solutions, Zoho is witnessing increased adoption from mid-and-large size businesses as well, especially in India. While there's an uptake of Zoho CRM Plus, Zoho People Plus and Zoho One amongst mid-large sized businesses, Zoho Books and Zoho Workplace are seeing mass market adoption.

Building technologies from the ground up

Zoho has built its technology stack from scratch—from apps and platforms to network and datacenters. The stack is horizontally, vertically, and contextually unified. In order to offer unparalleled value and user experience across the tech stack, Zoho invests in developing core R&D capabilities, apart from product development. These capabilities can be categorised into: data, database and datacenters.

Data: For better processing of data, Zoho is focussing its AI development around statistical machine learning, computer vision, and natural language processing (NLP). The technology developed by the central R&D team is utilised by products for different use cases. For example, receipt digitisation in Zoho Expense (expense management tool) utilises optical character recognition (OCR) technology while Zoho Analytics utilises mathematical techniques for analysing data and Zia (Zoho Intelligent Assistant) utilises NLP for conversational AI. Zoho's AI technology translates into optimised processes, increased ease of use, and maximised revenue for the users.

Zoho’s AI models are built with privacy at the core, whereby accurate results can be generated with less data and without personally identifiable information (PII). This lowers the barriers for even smaller businesses that have less amount of data to utilise AI technology, while large organisations can gain insights securely without violating the privacy of their users. Zoho's AI capabilities can be used through APIs with the help of Catalyst (Zoho’s serverless platform).

Database: In order to improve data processing, Zoho utilises proprietary technology that runs on Graphic Processing Units (GPUs). This allows Zoho to process data on its database servers up to 50 times faster. This results in reduced latency period for users, who can now get business insights pulled from data across different Zoho apps, quickly.

Datacenter: Zoho runs its own data centers—currently, 12 around the world, including two in India. It has around 14 network PoPs that run its proprietary software. The software is focussed on accelerating network access, which in turn results in faster connectivity for users who get real-time updates. This is particularly critical in communication and collaboration applications that are a necessity in a hybrid work culture. Zoho also has over 150 monitoring PoPs that enable users to monitor functioning of their websites.

"Our R&D focus in the coming years is to further unify our technology stack so that we are able to elevate the user experience," added Sridhar Vembu. "We will add 100 more network PoPs around the world in the next five years for enhancing network access. We are also working on adding Indian language support for our AI and blockchain technology for universal validation. Our focus will be on technologies that businesses–regardless of their size and location–will be able to use securely."

Customer Quote

"We were using multiple apps for different purposes and over time, running the business became very chaotic because the apps didn't integrate well with each other, leading to data silos. Pandemic led to a 'moment of truth' when I realized that the only way to scale up is to move to a unified software solution. That's when we decided to move to Zoho One. We replaced more than 10 apps overnight. It made sense because the apps talk to each other. For example, as a startup, we were able to gain insights [into] our sales, support and marketing efforts through Zoho Analytics. Access to critical information like ARPU, user engagement, retention stats, and other ratios were readily available throughout the year. It makes all the difference. I'd say it's made us at least 50% more efficient as an organisation," said Tejas Khoday, CEO and Co-founder, Fyers.

Privacy Pledge

Zoho respects user privacy and does not have an ad-based revenue model in any part of its business, including its free products. The company owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 80 million users around the world, across hundreds of thousands of companies, rely on Zoho everyday to run their businesses, including Zoho itself. For more information, please visit: https://www.zoho.com/privacy-commitment.html

About Zoho

With 55+ apps in nearly every major business category, Zoho Corporation is one of the world's most prolific technology companies. Headquartered in Chennai, India, Zoho is privately held and profitable with more than 11,000 employees. For more information, visit: www.zoho.com/

Great Learning To Upskill 700+ Employees Of Wipro In Cybersecurity

* The specialized learning solution by Great Learning was created in collaboration with Wipro’s L&D and Business Unit Heads to upskill its employees and help drive business goals.

* The unique learning journey provides an in-depth understanding of various cybersecurity topics such as threat intelligence, vulnerability management, digital forensics, and more.

* The 100% customized enterprise solution will make the employees business-deployable for clients’ projects upon program completion.

Great Learning, a leading global edtech company for higher education and professional training, is now working with IT major Wipro to train 700+ employees in cybersecurity. This specialized upskilling course, designed in collaboration with Wipro’s L&D and Business Unit Heads, features high-quality content curated by several cybersecurity experts. The program is carefully crafted for Wipro’s business considerations, covering threat intelligence, vulnerability management, firewall configuration and management, digital forensics, and more.

Cybersecurity has been a critical component of Wipro’s efforts in helping its clients achieve their digital transformation goals. Keeping the evolving digital economy and the need for robust cyber intelligence in mind, the company continuously invests in upgrading its talent to meet its customers’ requirements competently.

Speaking about the association Tony Buffomante, Senior Vice President, Global Head of Cybersecurity & Risk Services at Wipro Limited said: “With the rising demand for Wipro’s cybersecurity services, we needed to expand our pool of qualified cybersecurists to meet our clients’ demands. To achieve this, we joined hands with Great Learning to create a custom program that gives our learners a conceptual understanding and hands-on exposure to cybersecurity. We are satisfied with how the course combines theoretical and experiential learning to deliver the results we are looking for.”

Speaking about the program, Ritesh Malhotra, Enterprise Head, Great Learning, said, “We leveraged industry experience from experts to ensure a comprehensive curriculum that helps Wipro achieve its objectives. We have received great feedback from the first batch of trainees at Wipro on the course curriculum, interactive sessions, and mentorship. We continue to invest in bringing dedicated cybersecurity upskilling solutions for our enterprise partners.”

The course provides employees with an interactive and highly experiential learning journey involving commercial cybersecurity tools, unique virtual lab sessions, one-on-one mentor sessions, and multiple projects.

About Great Learning

Great Learning is a part of BYJU'S group and a leading global ed-tech company for professional training and higher education. It offers comprehensive, industry-relevant, hands-on learning programs across various business, technology, and interdisciplinary domains driving the digital economy. These programs are developed and offered in collaboration with the world's foremost academic institutions like Stanford Graduate School of Business, MIT Professional Education, The University of Texas at Austin, National University of Singapore, The University of Arizona, Deakin University, IIT Madras, IIT Bombay, IIT Roorkee, IIIT-Delhi and Great Lakes Institute of Management. Great Learning is able to leverage the highly qualified, world-class faculty at these universities together with its vast network of 5300+ industry expert mentors to deliver an unmatched learning experience for over 6.1 million learners from over 170+ countries around the world. The enterprise arm, Great Learning for Business, has partnered with 200+ clients across industries to create talent as key differentiators for improved business outcomes.

Motherhood Hospitals To Organize The Great Indian Magic Carnival 2022 Bengaluru To Celebrate Children’s Day

Proceeds of the event will be going towards Neonates Foundation of India (NFI) for the welfare of underprivileged neonatal babies

Bangalore 10th  November 2022: Motherhood Hospitals- the country’s fastest-growing chain of women’s and children’s hospitals, has taken the initiative to organize a unique event – “Great Indian Magic Carnival” on the occasion of Children’s Day. The Carnival will involve an enchanting magic and illusion show for children, and will also have exciting games, fun activities, and great food. The children will have the opportunity to explore their creativity while also helping each other learn new things.

For this event, Motherhood Hospitals has collaborated with the Neonates Foundation of India (NFI) a non-profit organization, that is dedicated to saving the lives of critical new-born babies from underserved communities. The proceeds from the Great Indian Magic Carnival 2022 will be which will be going to the NFI, supporting them in their efforts to reduce preventable neonatal deaths. Motherhood Hospital aims to contribute towards this noble cause and help the precious little fighters survive and thrive.

The Great Indian Magic Carnival will be held on the 12th of November 2022, Time: 10 am to 3 pm, Venue: Good Shepherd Auditorium, Richmond Town, Bangalore.

Visit this website for more information _ https://insider.in/the-great-indian-magic-carnival-nov12-2022/event

About Motherhood Hospitals:

Motherhood Women & Children’s Hospital network is India’s fastest growing single specialty hospital network with 18 hospitals in 8 cities and over 1000 leading gynecologist, paediatricians & neonatologists across the country associated with the hospital network. Recognized for its best-in-class clinical expertise and range of comprehensive women and child care services, the leading healthcare chain has pioneered managing high-risk pregnancies, complex gynae surgeries such as fertility enhancement or uro-gynae surgeries, management of new-borns with critical conditions and extremely low birth weight babies. With the largest network of over 200 Neonatal Intensive Care Unit (NICU) beds in the country, Motherhood Hospitals are acclaimed as India’s best referral center for handling the most complex preterm births.

MY3DMeta Raises Over Rupees 10.5 Cr From The Chennai Angels, IIT-IIM Angels, And Others

MY3DMeta a 3D Modelling tech company, secured an investment of over Rs. 10.5cr from The Chennai Angels, Dholakia Ventures, AccelNest, Karn Nagpal, Badri Raghavan, IIT-IIM Angels, Hyderabad Angels, and others. MY3DMeta plans to utilize the fund for building tech, IP, and business development.

Founded in 2016, MY3DMeta is making cutting-edge progress in 3D modelling with the aim to enable humans to freely express themselves by enabling the creation of 3D characters, 3D NFTs, 3D digital humans, 3D objects as well as realistic and funky avatars. The company is building the world's fastest 3D modelling Technology Engine that will empower the creation of 3D assets around the globe.

Currently, MY3DMeta empowers both consumers and businesses in creating super realistic, life-like, and accurate next-generation 3D models of avatars for humans & pets in one-tenth of the industry average time, at a fraction of the cost.

Harsha P. Deka CEO & Founder - My3DMeta said "Over the last 6 years, we have been building our database of 3D assets. We now have the largest database of 3D models of humans, pets, and a massive database of objects. My3DMeta is currently leveraging its large database and designers' intuition in building a very powerful patent-pending ML platform to create, edit, store, manage, deploy, and distribute a plethora of realistic high-fidelity 3D models of humans, objects and characters created from any photo or just a description in natural language in real-time which can work on animation, gaming, web3, and the metaverse. The platform will even generate AAA characters for AAA games in real-time."

K Chandran, The Chennai Angels Lead Investor & CEO of SSN Incubation Foundation said “Be it animation, NFTs, web 3.0, video games, or even the Metaverse, 3D Modelling will be the essential requirement. My3DMETA presents a game-changing solution that addresses the existing shortcomings across gaming, design, and other creative industries. Moreover, it is time and cost-efficient with unparalleled accuracy. We at The Chennai believe that the team at My3DMETA has the drive and passion to scale and grow this futuristic tech business exponentially.”

About MY3DMeta

My3DMeta’s mission has been to provide Phygital identity that allows people to celebrate important moments in their lives. With the increased use of 3D in gaming, digital humans, NFTs & advent of metaverse & Web 3.0, they create cutting-edge progress in 3D modelling with the aim to enable humans to freely express themselves. My3DMeta is building an indispensable patent pending tech platform that empowers both consumers and businesses in creating 3D Models of characters, accessories, 

objects, 3D NFTs as well as super realistic, life-like, and accurate next generation avatars for humans & pets in real time and fraction of cost for the gaming, animation, 3D printing, web 3 and metaverse space. 

About The Chennai Angels

The Chennai Angels (TCA, www.thechennaiangels.com) is one of India’s most active Angel Investing groups. Founded in the year 2007, it is comprised of successful entrepreneurs and business leaders with a track record of starting and scaling large enterprises. Over the years, TCA has invested in over 75 start-ups. TCA portfolio companies benefit from the collective expertise and rolodex of its members.

Magnifi Joins AWS ISV Partner Path, Successfully Completes Foundational Technical Review

Magnifi, a video-editing SaaS platform, today announced it is now an Amazon Web Services (AWS) Technology Partner on the Independent Software Vendor (ISV) Partner Path and has successfully completed the AWS Foundational Technical Review (FTR). Adhering to AWS FTR guidelines, Magnifi can review projects against AWS FTR requirements adhering to best practices and ensuring the best possible customer experience.

The AWS ISV Partner Path grants AWS ISV Partners like Magnifi access to AWS resources and receives prescriptive guidance on how to build, market and sell solutions with AWS, along with training discounts to develop AWS-based skills and capabilities. Magnifi also has access to the AWS ISV Accelerate Program, which provides ISVs co-sell support and benefits to easily gain access to millions of active AWS customers by working with AWS sales teams globally.

“With consumer preferences shifting from long-form video to bite-sized content, the cloud ecosystem is growing in size and importance, particularly for content creators and broadcasters,” says Magnifi CEO and Co-founder Vinayak Shrivastav. "As an AWS Technology Partner,  Magnifi can offer content creators more cost-effective, high-quality video services than ever before. We recognize the potential of the video tech industry and strive to strengthen the ecosystem through our solutions that help customers create, enrich and edit their video content, which is why this is so invaluable.”

The AWS ISV Partner Path helps customers identify solutions that are reviewed by AWS. It pivots the focus from partners to solutions to better align with customers’ needs.

It also provides a new and simplified partner experience designed to accelerate the engagement ISVs have with AWS through curated programs, funding benefits and co-selling support. Among other benefits, the AWS ISV Partner Path removes AWS Partner Network (APN) tier requirements for ISVs, while retaining their eligibility for valuable programs such as AWS Software-as-a-Service (SaaS) Factory, AWS Competency and AWS Service Ready. Magnifi can now directly access several AWS resources and participate in APN programs as they progress along the path.

The cornerstone of engagement with AWS ISV Partner Path starts with an AWS FTR, formerly known as the Technical Baseline Review, which also unlocks access to solution-level badging. The FTR enables AWS Partners to identify and remediate risks in their products or solutions based on AWS best practices related to security, reliability, and operational excellence. The FTR is created in alignment with AWS Well-Architected Framework pillars and is led by an AWS Partner Solutions Architect (SA) in a one-on-one-engagement.

As a forerunner in video development, Magnifi has created radical Machine Learning (ML) algorithms and a holistic video technology ecosystem that delivers dynamic video content in engaging and cost-efficient, easy-to-use formats. Magnifi provides a clear quantifiable value proposition to its users - reducing time to edit by 95%, reducing manpower costs by less than half and driving higher engagement up to 2-3x.

To learn more, visit: https://magnifi.ai/

About Magnifi:

Magnifi has found an extremely strong product-market fit in serving enterprises across numerous industries - OTT players, broadcasters, sports clubs and leagues, marketing agencies, e-gaming platforms, schools, colleges and more. Magnifi is building the next-generation video editing ecosystem addressing a broad range of use cases in the post-production process. The company started its journey on generating instant key moments and auto short-sized clips leveraging computer vision and AI capabilities, the sliver in which it is the current tech leader. Magnifi today has offices in the U.S., Europe, Israel and India and is expanding to Singapore and the Middle East by the end of this year.