Company of the Year 2022

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www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 4

Indranil Roy Indranil@businessconnectindia.in

Trends: An Intriguing Gamble In Today’s Business World

What was the most recent trend that your firm followed or adopted? Has it improved your productivity and earnings? As you respond to this question, allow me to share a few of my thoughts. Trends do not always equate to innovation. They often come out as inconsistent, aloof, and frivolous because of how they are presented. Companies develop a “bandwagon effect,” hurrying to follow trends that are typically not unique. Needless to add, the race usually ends in regret because of the time and money lost. The cause of this is that many businesses notice ideas too quickly but plan poorly to incorporate them successfully into their business model. Here, it is advisable to employ more analytical thinking to assess the chances of success while implementing new trends. This will undoubtedly save projects from failing. It will strengthen a company’s management confidence, boost morale, encourage more inorganic growth, and much more. While most people can put together a highly strategic plan, relatively few can craft a strategy that can actually be achieved. Take the last two years, for example. Companies of all sizes and shapes were rushing to go digital. But only a handful could have a strategic impact. As opposed to fully embracing digitalization, some businesses made more investments in bolstering their core business models—the decision was largely fruitful. The point is, trends are an opportunity that can change, develop, and alter the course of a business. But before incorporating them, it should ensure it has the resources to do so. A business should be distinctive and true to its goals, principles, and offerings, which distinguishes it from rivals. And all activities should be attributed to Theit.said notion sets the pitch for this enthralling edition, which encloses a band of dynamic companies. These companies have a fine balance between trends and in-house developments, which makes them preferred across industries. This time, our cover page features the story of Tradewind Finance, a global pioneer in the field of trade finance. As always, the edition will entail a series of in-house articles and blogs that’ll hopefully peak your interest in reading. If you’ve read this far, I sure hope you enjoy the rest of the magazine.

Cheers!

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Publisher & Editor : Abhishek Kumar Dubey Vol - 5|Special Edition|September 2022 Editorial Team Indranil Roy | Kajal Dobhal | Sugandh Bahl | Gulshan Parveen | Dr. Amit Mishra Avishek Singh | Kriti Anand | Sanjay Maurya Business Head ASHISH KUMAR Senior Marketing Manager Sonia Tiwari Senior Relationship Manager Reshmi Mishra Corporate Team Satyam Singh | Sunny Pathak | Asha Dudeja | Pradeep Pandey | Reetu Chauhan | Komal Verma Sudha Gupta | Javed Khan | Vikash Kumar | Archna Pawar | Kazim Barati Co-ordinator (Business Connect-Clients) Anita Kumari | Priyanka Gupta Data Research & Analysis Satyam Tiwari | Amit Kumar | Anita | Rahul Kumar | Sweta | Shweta Kumari Prince | Gunjan | Rekha | Simran | Khusboo | Hitesh | Raja | Khushi | Nupur Finance Team Monika Aggarwal | Gaurav Singhal Creative Director ASHUTOSH OJHA Creative Team Rajat Pathak | Sakshi Negi | Tarun Sharma | Vishant Saroj | Pawan Yadav Legal Affairs Mukesh Kumar Human Resources Nivedita Basu Digital Marketing Manager Anurag Tiwari

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Publisher & Editor : Abhishek Kumar Dubey RNI No.: DELENG/2018/76695

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www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 6 TRADEWIND FINANCE A Global Leader With a Strong Legacy of Funding Cross-Border Businesses CONTENT PETER MAEREVOET Global CFO and CEO for Asia Page No. 10 STORYCOVER

7 www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 18 Success Story Adam D’angelo: How Mark Zuckerberg’s school friend became co-founder of Quora 37 Networth Walmart Net worth: What Future Holds for Walmart? 30 Coherent Pixels Systems Pvt. Ltd. A progressing venture in the digital marketing terrain 46 Jes & GroupoBenPvt. Ltd Harry Sachdeva: A passionate hands-on leader changing the realm of beverage industry a passionate handson leader changing the realm of beverage industry 22 Aussizz Group Inspiring Diverse Dreams of Migration With ServicesCustomized 40 ITIO Innovex Pvt. Ltd Arun Kumar: How To Maintain A Healthy Lifestyle While Working A 9 To 5 32 Health Obsessive Compulsive Disorder (OCD): Symptom & Treatment 50 Kalatmak Spatial Systems True To Design Always 26 Lifestyle Important Life Lessons That We Learn Too Late 42 Launchpad New Tech Arrivals that can ease your life 34 InformaticsEumentis Pvt. Ltd. Creating New Frontiers For Success With Integrated Development And Consulting Services 52 Up2dates Be connected with the happenings around the world

Cover Story Peter Maerevoet Global CFO and CEO for Asia www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 10

H aving an international clientele can spell the difference between success and failure in today’s global market. This is particularly true for small and medium-sized businesses, also known as SMEs, since they are the engine of the world economy. Most scientific breakthroughs and business transformations are driven by them. SMEs even developed the vaccination programme to fight COVID-19.

Tradewind was founded to assist various market segments and sectors in ob taining cross-border trade finance solutions. The firm finances manufacturers, wholesalers, traders, branded companies, distributors, importers and exporters, and other businesses. In particular, it serves clients who have the potential for rapid growth but are constrained, under stress, or financially impaired when it comes to international sales or who lack tangible assets but have sizable pur chase orders. The firm can meet the varied needs of its clients because of its flexibility and capacity for customization. One excellent offering is the firm’s Non-Recourse Export Factoring solution, a trade credit-insured method of re ceivables financing that is one of its exclusive offerings to suppliers, manufac turers and companies selling internationally. The buyer’s financial stability and creditworthiness are considered as opposed to the banks’ dual recourse options – mandating that debt be repaid in case of default – which expose both the client and the client’s buyer. This results in a win-win situation for both parties and allows firms to raise sales by offering customers extended credit terms.

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HELPING BUSINESSES GROW AND THRIVE

Everyone agrees that COVID-19-related disruptions have made this shortfall worse and that it will persist unless measures are taken. Private banks have been rather sluggish in updating their decades-old trade financing procedures in light of the growing digitization of financial and commercial services. While multinational corporations, or MNCs, are leveraging innovation to redefine supply chain efficiency and transparency, SMEs, due to their small scale, find it difficult to capitalize on such opportunities.

A GLOBAL LEADER WITH A STRONG LEGACY OF FUNDING CROSS-BORDER BUSINESSES

Indranil Roy | Business Connect

SMEs play a significant role in international trade, so the situation needs to be remedied. This is where Tradewind Finance comes in—a global leader with years of experience and promising services that enable companies to prosper through international trade.

TRADEWIND FINANCE

However, most SMEs are underserved and have limited access to trustworthy trade financing, which presents challenges to creating a robust global trading system. According to a report from the Asian Development Bank, SMEs are disproportionately affected by the $1.7 trillion trade finance gap, which is the difference between the number of applications to finance enterprises’ participation in international operations and the number of approvals.

Tradewind also provides clients with the margin and liquidity required to manage other pressing obligations via supply chain solutions that enable them to extend Days Payable without adversely affecting their financial position. The firm serves a variety of industries, including automotive, gaming, media, electronics, industrial & mechanical, food & beverage, seafood, apparel & textiles, and more. While its practices and products vary by location, they always make sure to fulfill client needs. For instance, while providing export factoring services for major South Asian export centers, it offers supply chain solutions for markets exclusive to large corporations. Its ability to finance sales made on Open Accounts (O/A), Letters of Credit (L/C), and Cash against Documents (CAD) is made possible by its industrial exclusivity. The firm has a strategic presence in various markets but prefers working in emerging markets that serve developed economies.

The ecosystem of global trade finance is made up of a variety of players. The buyers and sellers who make up this system’s core are primarily SMEs. 95% of all enterprises worldwide and more than 50% of all jobs are classified as SMEs or SME-related employment, respectively. They contribute up to 40% of the national income (GDP) in emerging economies. These indicators show vibrant SMEs are necessary for a robust trading ecosystem. However, the current market has made it difficult for everyone to get liquidity. And with private banks, the situation is far worse. With stricter and more complex lending procedures, SMEs face challenges to establishing substantive success. Trade financing firms, however, are more adaptable and can provide SMEs with custom credit options, as well as cash-at-bank, without related debt. Tradewind has been persistent in supporting the rapid growth of firms and has solved liquidity challenges for the last 20 years.

The trade finance sector is expected to increase to $1 trillion by 2030, and Tradewind is contributing to that expansion as well. The firm is close to financing $2 billion so far this year and is dedicated to boosting global trade. Its tailormade solutions have helped export businesses fulfill their financial obligations. With the help of its working capital injection services, companies have quickly seen considerable and sustainable business growth. The company’s team of trade finance experts gathers detailed data about and evaluates each client’s industry to provide solutions that are specifically tailored to address their unique challenges while fostering the expansion of their business and market.

EXPANDING ACCESS TO GLOBAL TRADE FINANCE

While being a forerunner in export financing, Tradewind also excels in Supply Chain Finance (SCF). It offers financial and risk mitigation strategies to optimize the management of working capital and liquidity in the supply chain. This includes import financing, inventory financing, and vendor financing. The firm has customized financing programs that bridge financial gaps across the supply chain due to credit-based payment terms. Eventually, clients’ cash flow is accelerated with immediate liquidity, aiding in timely vendor payments and expanding capacity to on-board additional business orders. Instead of waiting up to 3 to 4 months with doubts, funds are received within 48 hours after invoice submission. “Our products are designed to give businesses instant liquidity. This minimizes the time that is required to realize and receive payments from their foreign buyers,” explains Mr. Maerevoet.

SUPPORT FOR THE GLOBAL SUPPLY CHAIN

The firm has a wealth of experience dating back to the early days of factoring Turkish textile exports to Europe and the expansion of its global business 10 years ago, including opening offices in Shanghai, Pakistan, and Bangladesh. The firm has created several high-end trade finance partnerships across South Asia, including Hong Kong, over the years. “We financed $70 million to clients in Hong Kong last year, and we estimate it to increase more than $100 million this year,” says Peter Maerevoet, CFO and regional CEO of Asia, Tradewind Global.

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Tradewind played an important role in the recovery of GCC nations from the pandemic, especially UAE. The country attracts robust capital flows from around the region thanks to government incentives for investors and the country’s continued commitment to technical and innovation breakthroughs. The pandemic affected the region significantly, upsetting its economic environment across Food & Beverage, renewable energy, Information and Communications Technology, healthcare, and real estate, to name a few sectors. To revive the Gulf’s most liberal and resilient trading regime, Tradewind thoroughly examined the demographics and crises to create solutions that address the challenges and speed its growth. This was essential to drive purpose-led growth by navigating and predicting high-risk scenarios that could cause more disruptions and liquidity

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The flexibility and tailoring have significantly helped in resolving the adversities of COVID-19 throughout the global supply chain. With regard to its clients and businesses looking for cash flow assistance, Tradewind has been more lenient in financing extended payments between buyers and sellers. Since the firm’s focus is mostly on tangible assets, it encourages suppliers and retailers to work together compassionately rather than take sudden, harsh action that could ultimately disrupt their business. Tradewind’s global presence keeps it in close contact with both sides of a trade transaction. Clients can also receive local on-the-ground assistance in negotiations and collections as needed.

REVIVING THE UAE TRADE MARKET

Theconcerns.decision to open up markets to trade and eliminate severe lockdowns and travel restrictions created the road for alternate financing sources to enter. Tradewind’s primary focus was the SME ecosystem, and it strived to lower the risks tied to global trade and balance the needs of exporters and importers. To help both parties benefit and support the hub of international trade, the firm offered domestic factoring in the UAE, export factoring, and supply chain financing services. In a time of extraordinary stress on supply chains, this helped to free up working capital and boost sales expansion for both potential and existing clients, which reduced liquidity issues. By rightly balancing technology and tailor-made solutions, Tradewind is able to address the unique needs of its clients while promising efficiency in the process. Tradewind takes pride in its Client Access Portal, which offers clients a clear view of submitted invoices, payment due dates for buyers, released payments, and a unified overview to continuously track business performance and progress.

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PETER MAEREVOET LEADS WITH BIG BRAND EXPERIENCE

THRIVING BEYOND COVID-19

One of Tradewind’s growth drivers is Mr. Maerevoet, who has transformed the company into a strong, global player, well-connected to international brands and companies and a force to be reckoned with in the face of industrial rivalry. ‘‘ ‘‘

Tradewind has made proven progress in assisting the global trade ecosystem to recover. In doing so, it has helped clients realize the benefits of alternative financing solutions. The “Black Swan Event” has shown banks scaling back and pulling back their financing lines. This led to clients resorting to alternative solutions and shifting from traditional lenders. This led to companies filing for administration and suppliers seeking to safeguard themselves from protracted defaults using non-recourse funding and asset-light companies seeking collateral-free export financing solutions. As a recognized leader in its industry, Tradewind had a surge in business inquiries and interactions. Initially, it offered credit facilities, but as the clientele expanded, it also scaled up its offerings. In the end, it was successful in filling numerous cash shortfalls brought on by supply chain delays. In addition, the firm is actively working to assist industries in managing the pressures in cross-trade. Mr. Maerevoet explains, Due to the extreme imbalance caused by pressures in cross-trade functions, a sizable portion of the sector lacks access to customized trade-financing tools and is unaware of their eligibility for the same. We are planning to inform them about this and provide the resources they need to grow and cope with disruptions.

MAKING A DIFFERENCE FOR SMEs, NOW AND IN THE FUTURE

The firm offers better visibility and has more operational experience than its competitors, which makes it preferred. The firm also invests in its employees’ development. The firm currently has a global workforce of over 200 people and expects to add 20 people by the end of this year. As per the CEO, this will help in identifying new clients while strengthening relationships with existing ones.

Thelocations.company is eyeing opportunities for product development and geographic expansion. Mr. Maerevoet adds, “We are looking into new markets where we can make a difference for regional SMEs.” It literally saved companies from bankruptcy and allowed others to grow exponentially. And it intends to pursue and succeed in this purpose in the years to come.

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He supervises the firm’s global finance team with an extensive background in international trade sourcing and supply chain financing operations from his previous positions at P&G in Belgium and Levi Strauss in the US. His leadership is based on the values of envisioning, enabling, and energizing, which drive Tradewind employees in their everyday work. Being raised at P&G, he learned from great mentors who took these 3 E’s by heart. He believes in preparing the right vision, trusting and ensuring that the team can achieve the vision, and energizing them to achieve it. In comparison to competing entities like large banks, FinTech firms, and other global trade finance enterprises, this thought process has given the firm a competitive edge, especially in handling complex cases, and a reputation for providing quality service.

Tradewind is a symbol of financial support, standing tall despite uncertain events and disruptions. With persistence and conviction, it has established a presence in 14 countries across 4 continents. Over the past 22 years, the firm has carved a unique niche in providing liquidity to global companies with customized cash flow solutions. One of its biggest strengths is its global reach, and the company is proud of its multicultural team of international trade and cash-flow management specialists for maintaining it. Its effective management structure across geographies and constantly updated market insights keep it at the forefront of market challenges and demands. It also helps in balancing out an equal value proposition across

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Adam seems to keep himself away from the limelight and there is not much information available about him on the internet. However, we managed to get some of the crucial insights of Quora co-founder’s life. Keep reading on to know more about his success story.

Adam D’Angelo founded Quora in 2009 along with his friend Charlie Cheever. They both had previously worked for Facebook. In contrast to the website’s launch in June of the same year, Adam D’Angelo was forced to quit in January 2010. The firm was valued at $86 million when it received an investment from Benchmark Capital in March 2010.

What is Quora?

Quick Facts: • Name: Adam D’Angelo • Nationality: American • Net Worth: USD 600 million as of 2016(Forbes)

• Occupation: CEO of Quora

Users were able to upload their AIM buddy list and contrast it with that of other users.

In order to spend a semester assisting Mark in the early days of Facebook, he had also temporarily suspended his academic pursuits. Adam made the decision to join Mark Zuckerberg’s founding team of The Facebook as a vice president after com pleting his studies (Engineering). While working in Facebook with Mark Zuckerberg he understood that “Execution was significantly more crucial than an idea.”

D’ANGELOADAM HOW MARK ZUCKERBERG’S SCHOOL FRIEND BECAME CO-FOUNDER OF QUORA

• Designations: CEO • Date of Birth: 21, August 1984 • Age: 37 • Place of Birth: United States

Quora, to put it simply, is a question-and-answer website where users may post questions, get answers, modify, and edit the answers. Adam D’Angelo and Charlie Cheever, two former Facebook workers, co-founded it in June 2009, and it became publicly accessible in June 2010.

Career: Adam and Mark were latecomers to the Phillip Exeter Acade my, transferred to the school in the 11th grade, and as a result, they hit it off right away and became friends. Together, they created the “Synapse Media Player” music suggestion pro gram, which offered music based on the user’s preferences. Soon, Synapse was a big success and was bought by Microsoft.

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With that in mind, he left his position as CTO at Facebook in 2008 to create Quora. Before Instagram was acquired by Face book in 2012, D’Angelo was an advisor and investor in it. Also, he joined OpenAI’s board of directors in 2018.

Quora’s authenticity is one of its best features. It is a venue for exchanging knowledge rather than information, where one can expect to get some genuinely sincere responses that Success Story

Adam D’Angelo is known as the Co-founder and CEO of the Mountain View, California-based Quora. He was Facebook’s vice president of engineering and chief technology officer from 2004 to 2008. In the company’s Series B round of funding, he contributed $20 million of his personal cash to Quora. He serves as a director on the OpenAI board of directors.

• Marital Status: Unknown • Spouse’s Name: Unknown • Children: No • Spoken Languages: English • Hobbies: Coding and Investing Early Life: The American online entrepreneur Adam D’Angelo was born on August 21, 1984 in the USA. Along with Mark Zuckerberg, Adam had attended the “Phillips Exeter Academy” for his high school education in 2000. Between 2002 and 2006, Adam also finished his bachelor’s degree in computer science at the California Institute of Technology (Caltech).

After this stint, Adam proceeded to Caltech to continue his education, where he also founded the website “BuddyZoo.”

• Education: High School-Phillips Exeter Academy, B.S. in Computer Science, California Institute of Technology

Awards and Honours:

ADAM D’ANGELO CEO of Quora

are supported by facts and evidence. Barack Obama, Mark Zuckerberg, Ashton Kutcher, Marc Andreessen, Dustin Moskovitz, Jimmy Wales, Stephen Fry, Avicii, John Green (author), Adrián Lamo, Hillary Clinton, etc. are some well-known members of the Quora community. So, for example, if you ask a question about Jimmy Wales, the founder of Wikipedia, you may anticipate the real Jimmy Wales to show up and respond! Although Quora functions differently, it is similar to sites like Facebook, Twitter, Wikipe dia, Yahoo Answers, and Answers.com. Real identities must be used, and you must either make an account there or connect in with your Facebook or Google account. You can follow topics, questions, and people, and your feed will reflect their activity as a result. You have the option to comment on an answer, as well as Upvote or Downvote it. By scrolling through the random questions on the home screen, also known as “Read,” you can start using Quora because of its comparatively straightforward and self-explanatory design. You will see all of the most popular questions under the themes you have selected to follow on this screen.

• In its 2010 article on the “Smartest indi viduals in tech,” Fortune magazine listed D’Angelo as a runner-up.

• He competed in the USA Computing Olympiad in 2001 as a high school student and finished in eighth place.

• In 2002, he also took home a silver medal at the International Olympiad in Informatics.

• In the Topcoder Collegiate Challenge’s Algorithm Coding Competition in 2005, he was placed among the top 24 competitors.

• California Institute of Technology Beavers (team of three), World Finalists in 2003 and 2004; North American Champions in 2003, • World Finals Silver medallist in 2004, and World Finals Co-Coach in 2005 ACM Inter national Collegiate Programming Contest (ICPC).

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Call: (+91) 1800-258-7747 E-mail: Inquir y@MatrixComSec.com Website: www.MatrixComSec.com

BRIDGING EVERY DREAM

Dharmendra Patel | Founder & Managing Director

AUSSIZZ GROUP

Indranil Roy | Business Connect

Inspiring Diverse Dreams of Migration

Concrete values and a penchant for innovation are the two growth drivers of Aussizz Group. At its core, the company is people-centric, be it employees or clients, and they are entirely accountable for their content. The company stands on the values of integrity, ownership, will to excel, teamwork, diversity, and inclusion. These values keep the teams on a learning curve that helps in diversifying the offering portfolio. It also helps them treat clients with empathy in an environment where the services aren’t transactional.

FOSTERED BY VALUES AND INNOVATIONS

Headquartered in Melbourne, Australia, Aussizz Group specializes in catering to holistic relocation experiences. It understands diverse client require ments and offers complete support, from migrating visa risks to enabling individuals to seek permanent residency in Australia, New Zealand, and Canada through a consulting approach. On the other hand, it offers several professionally curated services that further strengthen the backbone of its client experi ence; these include PTE & IELTS coaching and test ing, NAATI CCL coaching, professional year pro gram enrolment, and overseas health insurance as well. By continuously driving excellence, the compa ny has established 25 offices worldwide. It has over 450 employees globally, including 35 registered mi gration agents, 60 plus QEAC-certified experts, and others who ensure a bespoke experience. With its diverse portfolio and dedicated people, Aussizz Group has formed a trusted preference in the migrant community. Its sustainable business model and strong values allow it to cater to the multilingual needs of its clients.

To help people and take on difficult cases to make a real difference in our community really matters to us, Mr. Dharmendra Patel Founder & Managing Director

The emotional involvement in functions helps in pushing the boundaries of customer experience. Aussizz Group is also well-inclined to technology and advancements. It developed and has been using a proprietary CRM platform since 2012— an age when others resorted to excel and manual databases. The company is also one of the early adopters of digital marketing. It was the first of the few to use Facebook Live upon its release. The innate adaptability enables it to think strategically while aligning with different contexts and challenges. The team constantly monitors and experiments on trends to synchronize with advancements. This is how Aussizz Group functions like a well-oiled machine. Its bespoke offerings, core values, and strategic innovations give it an edge over peers.

The desire to migrate, be it for studies, work, business, or others, should never be taken lightly. Crossing borders implies embracing change. It offers you the chance to discover new prospects and to become a better version of yourself while learning about a new culture. However, without the right help, cross-border migration can be complicated and costly. The complexity and typical practices can stifle ambitions for growth. Furthermore, since the pandemic, unexpected intricacies in global mobility have appeared, making it harder to migrate to your desired destinations. Despite the struggles, aspirants shouldn’t give up on their goals. Such ambitious people deserve a reliable consultant to help them realize their migration dreams. In this area, Aussizz Group is providing exceptional value and carving out a niche for itself. The company is fulfilling the dreams of aspirants with customized offerings and pursuing excellence in migration, education and coaching.

With Customized Services

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In 2005, Mr. Patel was pursuing his Masters in Mechanical Engineering from Deakin University, Victoria, Australia. During this time, he witnessed first-hand the struggles faced by international students. And credible migration services barely existed back then. He realized the pain points and saw an opportunity to make a difference. This planted the idea of Aussizz Group in his mind. Even though he didn’t come from a business background, his commitment to purpose and steadily building his way through milestones helped his company thrive. He firmly believes in inspiring those around him to achieve the collective success that results in meaningful fulfilment. “I like to gamble on people who have excellent work ethics and are eager to develop into model professionals,” he adds. He likes driving a visionary mindset that his people can realize and imbibe positively. After all, skills can be taught, but it’s tough to mould a person with values. His leadership style goes hand-in-hand with his internal values of bravery, curiosity, openness to trying new things, and drive to succeed.

“Have a core value system that motivates you to achieve, and look for people who share your values. History reveals that a number of companies have experienced great success before failing. But building your success on sustainable values can help in creating a strong legacy.”

“Power is never the goal of true leadership; empowerment is.” Without effective leadership, a company’s innovations and resources go unused. Mr. Patel has always espoused the ideas of empowerment and setting an example for others.

Australia is in one of the studentfavorite destinations in the world. The country isn’t only known for its scenic experiences and outdoor activities but also boasts eight of the top 100 universities that offer over 22,000 courses across 1,100 institutions. It also has 7 of the best student cities, including Melbourne, Sydney, Perth, Brisbane, Adelaide, and Gold Coast. With Aussizz Group, students get access to these without any hassle. The company is a notable representative of many of its universities and keeps students informed about scholarships. Simultaneously, they can help students find the right courses that suit their learning abilities and career aspirations. So, its clients recommend its exceptional support for people willing to study, work or settle in Australia. To date, it has served thousands of clients who have left a five-star rating and positive reviews. ting and positive reviews.

Mr. Patel explains, “We experimented with opening an office in the suburb of Melbourne and a second in the city. They bore rich fruits, and now we have 7 branches in the city alone.” Its way of working is an inspiration to its peers. Aussizz Group has become synonymous with trust and is an industrial leader, constantly putting up benchmarks.

DHARMENDRA PATEL-THE GENTLEMAN BEHIND THE DYNAMISM FROM THE LUMINARY’s DESK

The purpose of Aussizz Group was to bring about a significant shift, and while it has yielded a bounty of results, its survival ability has been the hallmark of its journey. Back in 2009, the industry was suffering, which further toughened the scenario for Mr. Patel. “I remember quite vividly having to struggle managing a business and surviving. I had made a decision that if I had to, I would drive a cab on the weekend to make ends meet. Fortunately, the situation didn’t get that bad” he added with a smile. Even though they were devoted to thriving and expanding, it was tiring, and going beyond borders was a tough decision. However, difficult times produce strong leaders, and this is what made Mr. Patel become a vital change agent who improved the lives of people throughout the migrant communities. With a solid base, he and his team are focusing on expanding their reach and exploring different countries. They want to keep investing in people and technology while diversifying their portfolio for a sustainable and more all-encompassing service.

A PARADIGM IN EDU-MIGRATION

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UNDERPINNED IN R&D To uphold its principle of constant innovation, Aussizz Group deliberately invests in R&D practices. This helps to customize solutions tailored to specific requirements and markets. “Our existing line of products has had a rich history of targeting all the overlapping fields that exist in the Edu-Migration space,” says Mr. Patel. It is, in fact, one of the finest examples of its in-house R&D, which helps it excel at benchmarks. Since the beginning, the company had an outstanding core team who now lead and mentor the current generation. They have constantly emphasized the importance of R&D to strengthen the company’s analytical forte. The experimental approach had an integral role in their expansion too.

PROSPEROUS THROUGH WAVES AND TIDES

www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 24 NEVEREDITIONMISSOUR Follow us on BUY NOW FOLLOW NOW SUBCRIBE NOW I would like to subscribe* Business Connect for one year at Rs.1000 (12 issues) I am enclosing the Cheque/DD no. _________________________ dated ___________________ of Rs. ________________ of bank __________________________________________ Branch ______________________________________________ drawn in favour of FANZINEINDIA. My Personal mailing details (IN BLOCK LETTERS): NAME _____________________________________________________ Company Name _____________________________________________ Designation _____________________________________ Address HowYourAgeTelephone__________________________________________________________________________________________________________________________City_________________________State______________________PIN___________________________________________________Email(Required*)__________________________________________________inyears_______________Experience_______________Industry___________________Education__________________feedbackaboutthemagazine___________________________________________________________________________didyoucometoknowaboutBusinessConnect?______________________________________________________________ Now you can also subscribe through credit card: visit - http://www.businessconnectindia.in All the payments are accepted in Cheque/DD favouring: FANZINEINDIA, 701, DDA 2, Janakpuri District Center, new Delhi-1410058 *This offer is valid in India only. Please mention your name and address on the back side of your Cheque/DD. Cancellation and refunds are not allowed. If you have any query, please send us the email to corporate@businessconnectindia.in or call to 011-41065208. Business Connect offers you amazing business stories along with multiple interesting and motivational stories written by our expe rienced editors. You may grab an opportunity through our special offer : Get 12 Issues by paying just Rs. 1000. INDIA’S FASTEST GROWING BUSINESS MAGAZINE

IMPORTANT LIFE LESSONS THAT WE LEARN

lifestyle

www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 26

TOO LATE

Also, Learning depends on various factors such as age, maturity, wisdom and circumstances. Everyone doesn’t get the same thing from a situation and doesn’t learn the same lesson.

You start to understand that your diet is more than simply food as you get older. Everything you eat and drink makes up your diet. It also includes everything you read, watch, talk about, and spend time thinking about. Even the people you hang out with and how you spend your time with them matter. Limiting your junk food intake is necessary if you desire a healthy mind, body, and soul. Healthy decisions produce healthy deeds, which produce healthy results.

4. PEOPLE WHO ARE SIGNIFICANT IN YOUR LIFE WILL COME AND GO. WHICH IS OKAY Not every relationship will last indefinitely. And, to be honest, not all of them ought to. The truth that occasionally the people who are closest to you will change suddenly is a part of life. On the other hand, strangers might also easily take the top spot in your life. Are the individuals I spend time with encouraging me to be the greatest version of myself that I can be and pushing me to achieve that goal? If they’re not, your social circle is probably not the proper one. Successful individuals associate with other successful people.

5. THERE IS AN EQUAL AND OPPOSITE REACTION TO EVERY ACTION Consider the effects before you speak or behave in a specific way. No matter how well-intentioned we are, sometimes HERE, WE UNVEIL SOME OF THOSE IMPORTANT LIFE LESSONS WE OFTEN LEARN TOO LATE.

Life is uncertain and probably the most effective teacher. It teaches us at every step. Though, by reading books and observing others, we do our best to know about life and its functions, some things are still left to shock us when we get into the situations practically.

1. YOUR MOST IMPORTANT ASSET IS YOUR HEALTH Health is a priceless resource that should always be valued, cherished, and guarded. Young people sometimes lose out on good health before they have a chance to realise its value. Because it just happens to be good health, we frequently take it for granted. We don’t really pay attention to it since we don’t have to worry about it... till we must.Take care of your health now or you’ll regret it later. The list of numerous, mainly avoidable ailments is vast and includes heart disease, low bone density, stroke, and several malignancies.

2. EATING IS JUST ONE PART OF YOUR DIET

3. YOU GET THE FUN. AND YOU ARE FREE TO DETERMINE IT FOR YOURSELF You deserve to have fun living your life the way you find enjoyable. You’re under no obligation to share someone else’s definition of enjoyment. You are only squandering your time by realising someone else’s fantasy. Consider what matters to you and how you like spending your time, then pursue those interests. Being true to yourself will make your life significantly more satisfying.

7. EVERYONE IS NOT GOING TO LIKE YOU Not everyone has to like you or even agree with you. Humans naturally desire acceptance, admiration, and worth, but not at the price of their moral character or well-being. You cannot receive the approval you need from other people. That needs to originate inside. Speak out, hold firm, be assertive, when necessary, demand respect, and uphold your ideals.

9. ESTABLISH BOUNDARIES Setting healthy boundaries is one of the most important life lessons to acquire, especially if you surround yourself with toxic individuals. Being around toxic individuals causes disputes, high blood pressure, and a bad mood, whether they are family members or co-workers. Limiting the number of harmful individuals in your life is necessary. In the long term, it will be beneficial to establish and uphold appropriate limits.

Get out of your comfort zone if you want to accomplish your most important life goals. Additionally, you will need to experience discomfort in order to make considerable financial progress. Investing your money is an excellent illustration of stepping outside of your comfort zone to attain your financial objectives. If you want your money to work for you, even if you don’t know everything about investing, you need to start investing early. A meeting with your boss to request a raise is another example. Even if it’s challenging, doing it will eventually help you reach your financial objectives.

10. GOOD THINGS ARE HARD TO COME BY You must put in a lot of effort if you want to live a decent life with a fulfilling profession, emotional fulfilment, and reliable friends. Luck can only get you so far; the rest depends totally on you, your daily work, and your capacity to learn from mistakes. Never, ever assume that someone else will approach your conflicts with the same zeal and dedication as you.

27 www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA people aren’t ready to hear the truth or don’t appreciate our effort. Each word should be used with care. These words of wisdom should only be used as a guide, not as a rule. You are the expert on your life, and you know what’s best for you. The morning, however, is a better time to make decisions than the night time.

6. LITTLE THINGS HAVE AN INFLUENCE ON YOUR FUTURE Little things you do today have a major influence on your tomorrow, including the foods you choose to eat. A healthy tomorrow results from starting your routines now. Saving even a small sum today will benefit you later. You’ll benefit tomorrow from the little things you start doing today in trust.

8. COMFORT ZONES ARE YOUR ENEMIES

ENTERPRISEMULTIFACETEDSOLUTIONFIRM,ASSURINGHIGHPRODUCTIVITY&ROIWITHADVANCEDSOLUTIONS

[ ]

ARUNKUMAR GOPINATH V Founder & Managing Director

COHERENTPIXELSSYSTEMS

One of the unrivalled players in the software development market, Coherent Pixels Systems Pvt. Ltd., is delivering secure and innovative IT Solutions to make a difference in the world of information technology. Incorporated in 2017 as a concept to enable constant enterprise transformation at speed and scale, Coherent has built an impressive track record of offering various innovative solutions to enterprises across industries in the last 5 years. Bhardwaj

Puja

A

[Businesses have been taken by storm in the wave of digitization. The scenario has been accompanied by the introduction of several inventive technologies that have improved the overall operational efficiency. With businesses currently looking for a way to standardise their essential business processes to increase productivity and return on investment (ROI), custom software development has become the standard for businesses of all sizes while focusing on scalable solutions that can handle front-to-back procedures frequently preferred by enterprises.]

| Business Connect THE BEST COMPANY TO FOR 2022WORK

www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 30

• Web/Mobile Application Development: Today, data is a gold mine, a jackpot for every business. The web creation services by Coherent help you increase the stakes and monitor website statistics and traffic as you gain an advantage in the competition. Also, they offer mobile application development solutions tailored to your unique business need.

The story of Coherent was started in 2017 with just three people, and today it stands with 100+ employees, 30+ clients across India, Singapore, and the USA, and 100+ successful projects. It becomes possible because its solutions comprehensively align with the growth of clients’ businesses. For those seeking to delve into a futuristic technology-backed business, the team is up for it. Coherent’s Services framework is just the right destination, with a whole gamut of products waiting to be delivered for every business case. Their drive comes from achieving the objectives that the clients have given the team. They credit the productive collaborations in every project they come across because they lay the groundwork for you to contribute to society and do something through you.

BRIEF ABOUT KEY OFFICIAL

Coherent focuses on developing mobile apps, custom software, test automation, robotic process automation, and providing support and maintenance for all its clients while they undergo digital transformation.

As a people leader, have a proven record of developing and sustaining high performing teams, this extends more broadly to empowering and supporting the people who are part of Coherent, to succeed. Coherent team is Wellversed in managing and directing human resources across multiple initiatives leveraging industry best practices

Coherent aims to provide solutions that address complex issues in an easy-to-understand manner, fostering brand loyalty and boosting end-user commitment. In other words, they are more of an experience than a business.

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Today Coherent is synonymous with the multifaceted enterprise solution provider for companies and their employees to make their lives easy with minimal effort.

REFINING DISTINCTIONS OF THE COMPANY

Arunkumar Gopinath V, Founder & Managing Director of Coherent Pixels Systems, is a dynamic and versatile IT Thought leader with over twenty-four years of experience in enterprise technology planning, support, roadmap and organizational development. Arun is passionate to build strong business relationships based on trust, integrity, and professionalism, which makes Coherent to tailor deals to meet their clients’ specific needs, delivering real value and driving loyalty

• Testing Services: They provide software testing services tailored to product and service teams, utilising the best testing techniques with measurable outcomes.

talented team members guarantee a fair selection process.

GUIDING FORCE BEHIND THE VICTORIOUS JOURNEY – A

“Today, if things are static, you are not moving fast! We help you break the jinx by developing enterprise applications, empowering your organisation in every angle to stay connected because mobility is the success mantra!” asserted Arunkumar Gopinath V

• Robotic Process Development: The RPA services support you in streamlining, automating, enhancing, and completing many tasks more efficiently.

• Smart Sourcing: Their staffing services division offers more benefits to businesses, including costeffectiveness, recruitment agility, and quick access to personnel that will produce on time. Their

The company has been flourishing daily with the support of its highly professional and talented team working with great zeal. The group includes 120 industry experts with extensive knowledge and experience across high-end technology stack.

• Enterprise Software Development: Whether you need quicker product development, an e-commerce strategy, or business information, Coherent designs excellent enterprise software solutions. Their logical solutions boost output as they expertly and quickly adapt the design.

EXCLUSIVE SERVICE PORTFOLIO

Coherent is committed to facilitating continuous enterprise transformation at speed and scale through its services. To be more explicit, they create platforms for customer engagement, automated solutions to track vehicle movement, straightforward sales order administration, solutions for office management duties, and digital loan origination and management solutions.

The company is headquartered in Chennai, Tamil Nadu and has a solid national presence. Its vision to be a onestop destination for enterprises to build their software applications and help them in every stage of their success and transform how organisations attract, engage, and serve their customers, coupled with its diverse group of professionals in the leading team are the primary driving force behind its success.

One of India’s leading IT consulting, services, and business solution providers, Coherent stands unique in its offerings. It strives to deliver cutting-edge, high-quality, and reasonably priced solutions.

OBSESSIVE COMPULSIVE DISORDER Symptom & Treatment (OCD) health www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 32

So, if you have OCD, or your family members have one. You need to know that there is hope. It has effective therapy for individuals with OCD.

• Concern for symmetry or exactness

According to Dr. Sabine, certain personality traits, such as high levels of perfectionism might predispose someday to develop OCD. Certain Environmental factors can cause OCD, including a stressful life event or psychological trauma.

Sometimes, in order to fulfil the Obsession, the person ends up harming oneself. Most common obsessions include: • fears of contamination • fear of having lost

CBT is a short-term treatment, usually about 16 to 20 sessions for patients to complete. The results are impressive - about 75% of patients respond to cognitive behavior therapy. Is it possible that it can occur again after the treatment? On average, 23% of patients experience relapses after CBT. It was initially successful. In that case, the people often only need to remind themselves of what really has helped them during their treatment. So, keep your eyes on your toolbox and re-engage in some of those treatment strategies. If an in dividual cannot do it on their own. They can see a therapist. It might just need a few booster sessions, and they will be fine.

Triggers are what is happening prior to OCD really starting. Symptoms are the obsession and compulsion that we tend to see in OCD. For instance: - A trigger could be something like a doorknob, and the Obsession may occur that if they touch that doorknob, they are going to be sick or their family mem ber gets sick. In response, they would wash their hands re peatedly, known as a compulsion. There are so many different triggers for OCD because OCD is known as a heterogeneous disorder. For example - A trigger could also be just seeing a person. And, the individual might have a sexual obsession, so the Obsession could be - what if I molest this him/her. The compulsion could be asking forgiveness over and over again.

But to your astonishment, this is much more than that. Ob sessive-compulsive disorder is a mental disorder. People who have OCD suffer from Obsession and or Compulsion. Obsession is recurrent thoughts, but they can also be images. Typically, these obsessions can cause a lot of anxiety a lot of distress. Therefore, the person who tries to remove obsessions. Or, tries to get rid of these obsessions typically by engaging in a compulsion.

How is OCD different from wanting to do a good job or per form well? Many people are neat & freaks. Does that mean they have OCD? The short answer is NO, those people - “neat and freak” really love and enjoy it when things are clean and organized. This is very different from actual suffering that’s associated with genuine obsession and compulsion in OCD. So, if some one is enjoying it, it isn’t OCD.

• Reaping something often But compulsion can be mental:

• Concern for sexual thoughts*

The exact reason is still under research, but Dr. Sabine Wil helm, Ph.D. (Chef of Psychology, Massachusetts General and Director of the Center for OCD) says, it may involve genetics and Biological, Psychological factors, and Environmental fac tors with regard to genetics. Research shows that OCD runs in families. If you already have one of your family members who have OCD, you are more likely to develop OCD your self. According to functional imaging studies, certain areas of the brain (the Orbitofrontal Cortex, anterior cingulate cortex, and caudate nucleus) are hyperactive in OCD. People with OCD involve problems between the front part of the brain and deeper structures of the brain. These brain structures use a Neurotransmitter called Serotonin.

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If you are of fan of Friends, how can you forget Monica’s Ob session with cleanness and organizing things and the other one was Sheldon’s fear of Germs (The Big Bang Theory) - This is one of the forms of OCD (obsessive-compulsive disorder).

OCD is a common mental disorder that occurs one-two per cent of people in the general population. It has two peaks of onset, 1) It may start in childhood, and 2) other one is in early adulthood. However, most individuals develop OCD before the age of 25. People with OCD might wait for years, before they seek med ical help or receive a proper diagnosis. This is due to a lack of awareness and stigma around OCD. As a result, it gets caught in chronic conditions. So, it typically waxes and veins, but it cannot go away without the treatment.

• fears of having made a mistake

How common is OCD (Obsession Compulsion Disorder), and when does it start?

There are two most effective treatments for OCD. One is Psy chotherapy, known as Cognitive Behavior therapy (CBT), which involves exposure and response prevention and the other one is pharmacotherapy, called serotonin reuptake (SRIs). Cognitive behavior therapy is a form of psychoeduca tion where people get familiar with their disorders. Later, they do Cognitive Exercises, which help the victims to cope with and change problematic thoughts, behaviors, and emotions.

What causes OCD?

Common compulsions include:

• Frequent cleaning. • Checking things repeatedly.

What are common Obsessions and Compulsions?

What are the treatments for OCD?

• Concern for violent thoughts (Many people have) *

• Concern for religious thoughts*

• Praying to prevent something from happening.

• Reviewing something over and over. What is the trigger or symptoms of OCD?

The OCD victim can have uncontrollable, reoccurring thoughts and fear, all of which interfere with daily routine. In some cases, people are familiar with this condition and try to suppress such repetitive behaviours: But that backfires differ ently and causes a great deal of distress.

Many people with OCD have other disorders called depres sive disorders, which commonly co-occur with OCD. But Peo ple with OCD can have panic disorder, even eating disorders, and other comorbidities too. There are also many disorders that look like OCD. Body Dysmorphic disorder is a good ex ample of it. It can be misdiagnosed as this disorder shares many similarities with other relatives of OCD, including com pulsive hair pulling (trichotillomania) or excoriation disorders (picking their skin repetitively).

What are some Common Comorbidities with OCD?

• Frequent hand washing.

AND CONSULTING SERVICES

• Going above and beyond when neces sary and taking all the steps required to provide the ideal solution.

• Proactive stewardship by senior man agement and a strong sense of account ability for each project.

THE BEST COMPANY TO FOR 2022WORK

EUMENTIS INFORMATICS

THE EUMENTIS TEAM AND ITS KEY TO MOTIVATION

Eumentis has been crafting success stories for its enterprise clients via digital transformation solutions in vast business verti cals, including Mobile and Web App Development, AI/ML Development, Enterprise Mobility, Microsoft 365 & Power Plat form Consulting, and Business Intelligence Consulting, as well as services for start-ups like Development Partnership, AWS Consulting, MLOps Consulting, Virtual CTO as a service, and Product Re-engineering.

FACTORS STRENGTHENING EUMENTIS’ GROWTH

2017 founded, Next-Gen Digital Transformation and Solution firm with a global presence, Eumentis Informatics is the brainchild of Pawan Samdani and Mehul Bhardwaj, Founders, and Directors, assisting businesses across India, UAE, UK, Middle East, Europe, and North America. With the legacy of rendering high-quality, reliable, cutting-edge solutions that address the fundamental root causes of customers’ issues, the premium service provider aims to address clients’ end-to-end needs and help their customers achieve peace of mind and tranquility.

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• Whole-hearted support for effective use of delivered solution to guarantee a pos itive customer experience.

• A human-centred and sympathetic ap proach to providing services that are simple to use and appropriate.

• A steadfast dedication to providing the client with genuine and long-lasting economic value and creating solutions that are aligned to this vision.

The following are a few of Eumentis’ most notable advantages that make it unique in the sector:

• The team is driven by a strong philos ophy, culture, and vision that pulls out the best in everyone.

• Eumentis is process-driven rather than person-driven, starting with require ment gathering and continuing through development, deployment, and testing.

CREATING NEW FRONTIERS FOR SUCCESS WITH INTEGRATED DEVELOPMENT

Mehul Bhardwaj Director Puja Bhardwaj | Business Connect

Eumentis Informatics is a team of 12 expert industry professionals with dedication, commitment, and a fantastic attitude. They are all extremely skilled and eager to learn new things, develop their skills, put in a lot of effort, and contribute significantly to Eumentis. One of the key elements to keep the Eumentis team motivated is constant, honest, and two-way communication. They have established specific objectives for the entire team and give them all the tools necessary to attain those objectives.

• The capacity to establish and foster long-term suc cessful relationships with the clients has been a de fining characteristic of Eumentis’ path, with most of them approaching it with new prospects after seeing the quality of the deliverables.

Two former students of IIT-Delhi make up the founding team at Eumentis. The founding of Eumentis was made possible by their enthusiasm and desire to use technolo gy to improve people’s lives.

The central theme of Eumentis’s future road map is to make Fortune 100 companies Agile. They find many op portunities to incorporate tech solutions into the work flows of giant corporations after studying the business landscape. Large businesses frequently have legacy sys tems that prevent them from immediately experimenting with cutting-edge technological solutions that could aid in their expansion and assist them in reaching the follow ing stages of value generation.

INTRODUCING THE LEADERS IN FRONT OF EUMENTIS

TEAM BUILDING

PAWAN SAMDANI, DIRECTOR, AND FOUNDER

Being immensely inspired by the significance of learning, Mehul understands that there is no formula for success except education. He shares, Learn and keep learning. When you are an entrepreneur, everything you do and observe being done around you is a teach able moment. Acquire the ability to enjoy seemingly minor and unimportant things. It will enhance your bird’s eye perspective. Con sider things from other people’s views. You’ll develop as a leader as a result. You may occasionally doubt your judgment and your own beliefs. However, you must learn from it to improve as an entrepreneur. “ “ “

• To keep researching and putting into effect current industry best practices in design, development, se curity, and other areas.

The brain behind the idea, Pawan Samdani, has always been a self-starter and a never-ending learner. He start ed using technology as his preferred tool in college and got into Bioinformatics. Pawan stayed on this path after graduating and published some of his work in renowned journals. He developed his knowledge in Software De velopment because of the recent shift in the technical landscape. As a result, Eumentis was created. He is the inspiration for Eumentis’ strategy for achieving its goal of bringing tranquility into the lives of its clients.

DEPLOYING SERVICES TO LEADING NAMES

WORDS OF WISDOM

Every employee undergoes an evaluation to help the management team determine their capabilities and ap propriately set goals. They won’t feel under pressure to perform better than their teammates as a result. When such objectives are accomplished, they also feel a sense of pride, which gradually increases their motivation for the upcoming challenges. The management ensures that the aims of the business and the reasoning behind them are constantly communicated to the team.

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From Fortune 500 corporations to MSMEs in various in dustries, including Life Sciences, BFSI, Manufacturing, and Tech start-ups, Eumentis serves a diverse range of clients across industries. Land O’ Lakes (USA), Mazuri (USA), VISA (UAE), 4Sight Global (UAE), Galaxy Surfac tants (India), Survey2Connect (India), Xhibit (India), and Bizminder Advisory Group (India) are a few of Eumentis most notable clients. It adheres to a robust system that consists of the following to meet and surpass client ex

•pectations:Gaining a thorough knowledge of the needs of the client and maintaining an empathic approach to problem-solving

Blockchain and Web3 are Eumentis’ primary areas of concentration right now. It is a promising development area as governments and influential organisations grad ually recognise the advantages of numerous use-cases of blockchain. An internal team is preparing for this by working on a blockchain proof-of-concept project that will initially target the supply chain sector before ex panding to other industries. Additionally, they hope to expand their contributions to the open-source communi ty by using various tools and libraries developed inter nally. This results from the same great passion for using technology to help both businesses and people that in spired Eumentis to start.

Just like Rome was not built in a day, the Eumentis team has grown gradually over time! At the time of inception, it was spear-headed by the founder Pawan Samdani. Soon, Mehul Bhardwaj joined the company as Director and Co-founder. More team members were added to support the growth as the number of projects and their scale and complexity increased. College graduates and lateral hires are both represented on Team Eumentis. While lateral hires bring experience, advanced expertise, and know-how to the table, college graduates offer new enthusiasm, passion, and spirit. Consequently, a suitable blend is ensured to enable proj ects to succeed.

• Making use of the most recent tools and technolo gy and adopting a flexible philosophy to meet the changing needs of the customer

MEHUL BHARDWAJ, DIRECTOR AND CO-FOUNDER Director and Co-Founder Mehul Bhardwaj describe him self as a problem solver. Process engineering was his first pick since he found the scale of the issues he got to tack le to be fascinating. He was instrumental in setting up a greenfield manufacturing unit in his 1st job right out of college. He became the second member of Eumentis since he was looking for a new challenge while Pawan was founding the organisation. He ensures that Eumentis al ways moves along the course that Pawan has in mind us ing his technological, managerial, and operational skills.

THE SUSTAINABLE PLAN FOR GROWTH

Walmart Net Worth: WHAT FUTURE HOLDS FOR ?

Walmart’s Competitors: Costco, Amazon, Target, Rakuten, and Sears Holdings Corporation are some of Walmart’s rivals.

Walmart is trying to further its expansion by offering brands adver tising space in what it refers to as Walmart Connect as the traditional retail business model is changing. The growth of the e-commerce indus try and advertising have a positive synergistic relationship that will be important for driving future incremental revenue. In addition, active advertisers using Walmart Connect in the United States increased by 136%, according to McMillon-Walmart CEO, whose company’s global advertising business has reached $2.1 billion. Connect enables produc tive communication between buyers, sellers, and suppliers. Customers have access to the broad seller base and become more familiar with the range of sellers and products.

With its headquarters in Bentonville, Arkansas, Walmart Inc. is a multinational American retail company that manages a chain of hypermarkets (also known as super centers), discount department stores, and grocery stores domestically. Sam Walton established the business in the nearby Arkansas town of Rogers in 1962, and on October 31, 1969, it was officially incorporated in Delaware under the General Corporation Law. Sam’s Club retail warehouses are another asset that it owns and runs.

In an interview when McMillion-Walmart CEO- asked about the future of Walmart, he said, “Social commerce, wearables, augmented reality, and mixed reality will be a part of the future for Walmart.” McMil lion spoke about how crucial it is to forge connections between these various goods, services, and experiences in order to wow the customer. Customers find it more enjoyable to transact with Walmart when there is less friction and expense.

The company will experience long-term growth if it adopts a di versified business model that includes financial solutions, health and wellness services, retail products, services, and marketplaces. Walmart is predicting a modest 3% revenue growth for the upcoming fiscal year, which began in February 2022.

What Future Holds for Walmart?

Walmart Net worth The net worth of Walmart is $ 550 billion as of Walmart2022. in India: Walmart paid US$ 16 billion in 2018 to acquire 77% of the controlling shares of Flipkart. The company had 21 cash and carry wholesale stores only in the big cities. The Indian government forbids multinational corporations with multiple brands, such as Walmart, from opening front-end stores on their own in the nation. For this reason, the American retailer formed Bharti-Walmart in 2007 as a joint venture with tele com giant Bharti Enterprises. They opened their first store in Amritsar in northern India in 2009. Walmart then expanded here by about 20 stores over the following eight years. However, foreign retailers are still prohibited from making a full investment in the business of supermarkets in India. However, foreign investors are welcome to make investments in India’s e-commerce platforms, which offer products from a variety of sellers. When its partnership with Bharti came to an end later in 2014, Walmart started accepting online orders for its cash and carry service. With the Flipkart agreement, the goal of having busi ness in India has now been accomplished.

Walmart Advertisement: The core Business Revenue Stream

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Walmart Empire: Walmart runs 10,585 stores and clubs as of July 31, 2022, operating under 46 different names in 24 differ ent countries. In the United States and Canada, the business is known as Walmart. The name Walmart de México y Centroamérica is used in Mexico and Central America. Flipkart Wholesale is how it is known in India. According to the Fortune Global 500 list from May 2022, Walmart is the largest company in the world by revenue, with roughly US$570 billion in annual sales. With 2.2 million employees, Walmart also holds the position of biggest private employer in the world. Given that the Walton family controls the company, it is a publicly traded family business.

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ITIO Innovex has grown in size and scope over a decade. Born to lead the IT-sphere with brisk effort, dedication, openness, and propensity, it has adopted every scientific trend that optimizes its growth. Shifting from manual to online, it has resolved numerous merchant queries with customized offerings. Arun defines this as being technologically inclusivecomprising different solutions with a progressive mind. With time, the impact of its offerings increased and became praised by industrialists. The shifts have also influenced industry norms, and the government is relying on PSPs and banks for assistance. The growth of the public and private sectors has culminated in extraordinary marketing trends. Conversely, these swift developments also make merchants spend more on their business development. ITIO Innovex stays precise with industrial regulations to flourish, providing unique yet safe and impactful solutions. The firm has created a global footprint by consistently keeping up with the market, with operations in Tampa and Florida in the US and Indore and Haryana in India.

Avishek Singh

| Business Connect

www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 40

Arun Kumar

A Genius Technopreneur Building Impactful Solutions echnology is constantly catalyzing prospects and defining the pace of development in any society. While it is not an epiphany, technology doesn’t emerge from itself. The seed must be planted and nurtured to push transformation and growth. This, is where technology entrepreneurs, better coined as “Technopreneurs,” come into play. While an entrepreneur’s intrinsic mission is to solve problems, technopreneurs do so through technical advancements. They are solving world problems, creating breakthroughs, and much more. Their prowess has given rise to various user-friendly technologies that redefine business growth. Mr. Arun Kumar, Director of ITIO Innovex Pvt. Ltd., is a man of such caliber.

Business Connect Magazine recently interviewed Arun for their upcoming “Entrepreneur of the Year 2022” issue. During the conversation, Arun discussed his firm’s objective and how it is assisting him in establishing a strong presence in the entrepreneurial world. The highlights of this exquisite read are his leadership, his commitment to purpose, and the firm’s bespoke offerings.

Compliance, and PHP Development are just a few of its inbound offerings.

TRANSMUTING WITH MARKET CHANGES

IT SOLUTIONS WITH A NICHE FOCUS

Arun always dreamt and aspired to be a renowned entrepreneur. This underlying mindset turbocharged his industrial goals and served as the secret sauce for his diverse activities. He excelled in both academic and extracurricular activities, as well as employment prospects. With the acquired experience, he started EskayDesk Solutions Pvt. Ltd., a holistic IT firm serving global businesses. And its distinct services and creative ability revved up his name in the market. He even added Fintech solutions to the company’s offering. Finally, in 2010, he renamed his company, ITIO Innovex Pvt. Ltd., in Ghaziabad, UP. While application development was new for him, growing with time, he understood the prospect had a sustainable future. His commitment to his business activities led to his firm cultivating fintech expertise and expanding its operations internationally.

ITIO Innovex has grown in the IT realm with a niche caliber in web and mobile app development. However, it is most renowned for providing excellent payment solutions technology to myriad businesses. The firm follows all the regulatory policies, ensuring secure and dedicated services. The offerings ensure stable growth in terms of economic development in the national and international markets. Its Digital Ocean Integration Service and Full Stack Development provide clients with the best financial security. Other exclusive offerings include AWS cloud integration services, E-commerce development, and NEO Banking for international expansion. CRM Development, PCI-DSS

ITIO Innovex is on a dedicated mission, making it distinct from other payment processors in the market. While being equivocal, Arun is malleable to shifting market scenarios. For instance, he envisioned a distinct strategy for 2023, which differed from this year. His discretion helps sustain his firm through uncertainties and business challenges. Nevertheless, his vision is wellaligned with trends like cloud-computing services and big-data solutions. “The mission is different, and the procedures are very new to offshore businesses,” states Arun. ITIO Innovex takes pleasure in providing highquality, low-cost web and app development solutions that are overseen by technocrats and programming specialists.

ARUN KUMAR – A LEADER OF DIFFERENT TASTE

ITIO Innovex evaluates new processes through extensive market research. “This allows us to see which products are being processed efficiently in real-time,” says Arun. It helps in building an edge over peers. The fintech space has rising economic competition with a curious mind. And it forces firms to develop new solutions for durable transactions and novel ways out of cash payments. For instance, using 2D and 3D security protocols can help design a sound and effective payment solution. Adhering to such innovations helps the firm identify and analyze market needs, size, and competition. It also enhances its marketing trends with a distinct notion linked to business needs prone to exceptional outflows of funds. Market analytics also reinforce their USP in both domestic and foreign markets. Driving client experience is a priority for ITIO Innovex. Every client receives a personalized approach from the initial proposal to the final delivery. This gives it an edge in international business and enhances the significance of its products, making the firm stand out in every way.

LEADING AN IMPACTFUL JOURNEY

DAUNTLESS AGAINST UNCERTAINTIES

Arun is also ebullient towards life. He is fond of books, especially fiction books like Pride and Prejudice, The Lord of the Rings, and Harry Potter, amongst others. Apart from that, he loves singing and has a knack for sports.

Challenges and uncertainty can’t deter a firm aiming to be the best in its field. And neither is ITIO Innovex shaken by any of it. Arun believes uncertainties arise to put your strength to the test and reveal what makes you a strong participant in the global market. As for ITIO Innovex, uncertainties help in improving the customized approach and raising the bar as a financial solution provider. “The path for 2022 differs greatly from previous years, and we wish to be amongst the fintech technology provider,” states Arun. And following the success of the previous year, ITIO Innovex plans to take a distinct and flexible approach to offer payment processing amenities with clear-out government details.

VALUE OF RESEARCH AND ANALYTICS

Starting a decade ago, Arun has navigated his firm marvelously, building experience and a client base gradually. Being consistent has helped to nurture his industrial charm. His leadership forte is highlighted in all forms, fortifying his mastery in all business aspects. The proudest feat, in terms of accomplishments, is providing trust to all merchants. The firm has built dependable solutions for efficient transactions and payments that include relevant facts, such as payment concerns or unique benefits. Staying on this mission, he plans to develop more secure payment gateways and transaction systems. Simultaneously, he plans to expand strategically. The firm has grown into something bigger, influencing enterprises in several elements of long-term viability and growth. In the future, ITIO Innovex promises to work with its dedicated team on brand-new concepts to create systems that fit business needs.

A NOTE ENLIGHTENMENTOF

“If you are genius enough to know the market trends and have the required exposure, you will find your way to progress. Deal with your clients securely and get enormous funds at a time without any obstruction.”ArunKumar, (Director), ITIO Innovex Pvt. Ltd.

“Men of different tastes have different pursuits,” and Arun’s professional outline has always been different. He is a firm believer in being a thought leader to stay on top of business trends and develop reliable high-tech services. As per him, when you augment the chances, there is an excellence in persona. His thought-leadership instills a one-of-a-kind culture in the firm. Employees constantly offer new opinions from the beginning stages, which helps Arun contribute to their daily tasks. This working style meets clients’ needs while bolstering a positive habit in the employees. The firm also offers opportunities for its employees to advance their careers as content specialists, marketing managers, etc. “I even hold live interviews to encourage my team to counteract economic downturns and nurture growth through their abilities,” adds Arun.

www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA

Motorola World’s first 200MP Camera Phone Price, Specifications, and more launches www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA 42

The Motorola X30 Pro has been launched at an affordable price tag of CNY 3699 (INR 43,999) for the base 8GB + 128GB variant. The 12GB+256GB and 12GB+512GB variants are priced at CNY 4,199 (INR 49,000) and CNY 4,499 (INR 53,201) respectively. So far Motorola has launched this device only in China. It has not shared its plans to launch the device in other markets includ ing India.

| Special Edition September

After months of leaks and rumours, Motorola has finally taken the wraps off the Motorola X30 Pro, the world’s first phone with a 200-megapixel camera. Motorola on August 11, 2022, unveiled the Motorola X30 Pro alongside the Moto Razr 2022 in China. Motorola X30 Pro Specifications Along with a 200-megapixel camera, the Moto X30 Pro also comes with the Qualcomm Snapdragon 8+ Gen 1, 125W fast charging. The phone has been launched in China. The Motorola X30 Pro sports a 200MP Samsung ISOCELL HP1 camera with 1/1.22-inch sensor size as part of its camera package. Apart from Motorola, no other smartphone company has attempted a 200-megapixel sensor. ChameleonCell, a brand-new pixel-binning technology, is included in the Motorola X30 Pro. 43 www.businessconnectindia.in | Vol. 5 2022 INDIA RAM - 8 GB • Processor - Qualcomm Snapdragon 8 Plus Gen 1 • Rear Camera - 200 MP + 50 MP + 12 MP • Front Camera - 60 MP • Battery - 4610 mAh • Display - 6.7 inches • Operating System - Android 12 • Chipset - Qualcomm Snapdragon 8 Plus Gen 1 Graphics - Adreno 730 • RAM - 8 GB • Display Type - OLED • Screen Size - 6.7 inches (17.02 cm) • Resolution - 1080 x 2400 pixels • Height - 161.7 mm • Width - 73.5 mm • Thickness - 8.4 mm • Weight - 198.5 grams Build Material - Back: Gorilla Glass • Colours - Black, White • Waterproof - Yes, Splash proof • Camera Features - Digital Zoom, Auto Flash, Face detection, Touch to focus • Camera Setup – Single • Capacity - 4610 mAh • Wireless Charging - Yes • Quick Charging - Yes, Fast, 125W: 100 % in 19 minutes USB Type-C - Yes • Internal Memory - 128 GB • Network Support - 5G supported by the device, 4G (supports Indian bands), 3G, 2G • Fingerprint Sensor - Yes • Fingerprint Sensor Position - On-screen Other Sensors - Light sensor, Proximity sensor, Accelerometer, Compass, Gyroscope Motorola X30 Pro price

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India has witnessed a gigantic surge in the number of successful businesses entering the entrepreneurial ecosystem despite the chaos caused by the pandemic. With emphatic strides, the leaders of such businesses have stimulated significant waves of change in their respective spaces.

| Business

Harry

HARRY SACHDEVA Chief Managing Director entrepreneurial journey by establishing Jes & Ben- a journey of achievements led by the visionary to cater to the food and beverage requirements in India. Hell Energy was the pioneering energy drink introduced by Jes & Ben in India. Beast Energy drink has become their flagship product that is well-acclaimed for its top-class quality as well as taste. Needless to mention, the company rose to prominence within a shorter period owing to its out-of-the-box approach to reaching the targeted customers. Dobhal Connect

THE LEADER BEHIND AN COMPANYADMIRABLE2022

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In its search for such remarkable chieftains, Business Connect Magazine came across the amazing success story of Harry Sachdeva who is the Group CMD of Jes & Ben Group. He is known to be a visionary with strong business acumen and insightful tactics to handle a business. Being an entrepreneur, hotelier, writer, social worker, movie producer and eminent F&B Importer and Marketer in India, Harry has become the epitome of an ideal business leader.

AN INTRO Incorporated in 2017 in Delhi, Jes & Ben Groupo was envisioned to bring exotic tastes from across the world to the Indian markets while being a market leader in imports and Specializeddistribution.in the import, marketing, and distribution of beverages, Jes & Ben is now expanding into specialty foods, alongside marketing and distributing its brands with a mission to reach the milestone of a 500-crore company and create a range of unique products for Indian customers. Jes & Ben forms a part of a group of sister companies owned and managed by Harry Sachdeva. As a group of companies, they have

The leader in his search to improve the current state of the Indian beverage industry went on to brainstorm an effective solution. Soon, he began his A passionate hands-on leader changing the realm of beverage industry Sachdeva

Kajal

Owning a reputation as a respected and accomplished professional, Harry started with a small team of people to a highly-skilled team with a greater headcount so far. His exemplary entrepreneurial leadership driven by his visionary approach poses a radiant future for the venture.

What is noteworthy is the fact that the years of profound experience in the import and distribution sector make Jes & Ben the most credible gateway for brands seeking entry into the Indian Theremarket.is an expert team of professionals with a greater understanding of the market scenario, competitive pricing, client demand, and target end-users in each state, thereby achieving its business goals in terms of growth by fulfilling the individual objectives of producers and consumers.

HARRY’S INSIGHTS ON R&D AND WORK CULTURE

The beverage industry is highly competitive where new products get launched every week, some become huge successes while others get washed away. At Jes & Ben, to keep up with the market trends, an adept team has been involved in the R & D process. Owing to the team’s dedicated efforts, the company has ensured to cater exclusive, good quality, and of course delicious taste every time. Also, the team does a market dipstick and in-depth research along with the marketing team to finalize the design, function and purpose of any new product before the operation team begins executing it for production. The workforce at Jes & Ben is its backbone on which the company stands firm. Harry is an avid believer in taking collective decisions where teammates are equally involved and this is how he defines his leadership. As per him, discipline is a key factor to success in business as well as in life. He sees it as a crucial factor that defines the overall fulfillment of different kinds of endeavors. The cultural principles of the company only speak- respect and dignity- where everyone is treated equally. This nurturing culture has been the motive force behind the humongous success of the company.

Most importantly, Jes & Ben had been the very first company to introduce energy drinks worth 45 INR in the market and later, it became the industry leader to open this segment that currently has several brands serving energy drinks worth 50 INR.

Harry’s in-depth experience in the corporate world allowed him to climb the success ladder. A graduate in Chemistry from Delhi University and a Master’s in Business Administration, he began his entrepreneurial journey back in 2005 with Arian Breweries & Distillers. Under his leadership, the globally acclaimed brand- San Miguel of Spain was able to enter India with a AcknowledgedJV. for penetrating over 20

47 www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA dealt with over 20 global brands in their import, and distribution. The firm currently enjoys a strong presence in 14 states of India, commanded by a highspirited team of professionals.

Jes & Ben is not just a company but an endeavor to scale greater heights in leaps and bounds to make a difference in the current industry. Harry’s outstanding leadership has been the reason behind the company’s magnificent growth.

Globally renowned brands into India, Harry wished to deliver to the Indian market extraordinary quality and taste of European beverages at affordable prices. Leading Jes & Ben as CMD, he has been successfully spearheading the strategic goals of the organization and is actively promoting the advantages of nutritious health drinks among people.

AHEAD After crossing several product milestones, the dynamic leader plans to launch a range of health benefitsinduced products like ‘Harvy’. It is a comprehensive range of dry fruits, nuts and seeds, targeting all age groups. Along with this, Jes & Ben is about to unveil its variety of healthy gummies with the name–Nutrigummy. The product is an outcome of thoughtful formulations of high-quality raw materials backed by intense research and testing. Soon, the company is planning to diversify into various healthy food categories to cater to different demands of the commonalities.

hardimportantlyandcooperation,wisdom,comes“LeadershiptoAccordinghim,withmostwork!”

Talking about his leadership at Jes & Bes, Harry said that he is majorly focused on keeping the brand ahead of the curve in terms of product uniqueness, affordable pricing and strong positioning.

DIFFERENTIATORS IN WHAT THEY DO…

A BRIEF OF THE ‘TRAILBLAZER’

PEARLS OF WISDOM SHARED BY HARRY With his extensive years of experience in the business world, Harry shared his advice to aspiring entrepreneurs, “Keep a keen eye open in search of an innovative brand. Always stay updated on the market trends to navigate through the competitive scenario. Stay in touch with the market trends and be updated of those. Remember, hard work always pays off.”

EXPANSION BINGE & JOURNEY

THE PREFACE

The business philosophy on which the whole structure of Kalatmak resides is- no compromise on the aesthetics level. At the company, they have a team of highly skilled craftsmen with the most advanced machinery and technology, so people may get all the right ingredients needed to create the space of their dreams.

Owing to its customer & solution centric approach and ideology, Business Connect recognized it as a value builder in the furniture industry. Hence, we decided to feature its exemplary success story. For this, we sat down for an insightful conversation with Ramesh Sharma and Jasmender Sharma. Ramesh laid the foundation of Kalatmak with his brotherJasmender Sharma and two other business partners. They walked us through different aspects of the business and shared several industrial insights with our editorial teamleaving them amazed. Let’s dive into their story-

It is said a leader is the one who innovates and brings the touch of creativity while striving for better performance. Ramesh Sharma who is heading the company as the Managing Director is one such pioneer who fervently believes in taking the top-down approach where he involves the entire team and its members into the decision-making process. His persistent attempts are always towards creating the leaders for tomorrow where

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The furniture industry was an extremely unorganized sector in the year 1980, when Kalatmak began its business journey. Creating high quality products for both Retail and Residential sector had always been the need. To address this demand in the market, with a high level of expertise in furniture know-how and the need to make a difference in the industry, Kalatmak commenced with its unique business philosophy- creating a transformational and ecstatic experience in favor of all stakeholders- be it employees, clients and it to emerge as a one-stop affordable luxury furniture solution provider in retail, residential hospitality, institutions and office sectors with a focused, ethical and socially responsible approach to business.

A BRIEF OF THE MEN AT THE HELM Ramesh Sharma

NO COMPROMISE ON AESTHETICS

Thusvendors.enabling

True To Design. Always Kajal Dobhal | Business Connect

KALATMAK SPATIAL SYSTEMS

With customer centricity as its key pillar, Kalatmak Spatial Systems began its journey in 1989. The Bangalore- based organization is committed to building everything that is needed to create a space that lives up to one’s brand- be it retail store display fixtures to custom-made shelving. With an in-house engineering team, they develop shop drawings. Kalatmak also provides one-stop material selection that is tailored to suit the client’s budget accordingly. The USP proposed by Kalatmak is to cater specialized hardware selection with spec information. A standardized product catalog that comes with 3D models offering manufacturing partnership and White labeling of products are what makes it stand out from the crowd. Kalatmak has an 80,000 Sq. ft. manufacturing facility that has some stateof-the-art machinery. The company has set up a holistic system of product development that gives them a leading edge in the targeted market. Retail fitouts, residential furniture, institutional furniture, office furniture, customized gifting and hospitality- are covered under their service portfolio. And absolute customization, exceptional technology, on-time delivery and eco-friendly processes differentiates them from other players in the market.

Ramesh Sharma Managing Director Jasmender Sharma Co-Founder & Director

THE CONCLUDING NOTE BY THE LUMINARY Before signing off from the conversation, Ramesh Sharma wanted to share a few words based on his life experience to our global readership, in case someone finds these helpful, “Always follow your heart, stay true to yourself and always be sensitive to the ecosystem, there is only one on planet earth and it’s our duty to ensure we protect it. We have inherited millions of years of treasures, let’s not ruin it and waste it. This planet needs to survive for millions of years to come.”

The company has always nurtured a culture of collaboration that is driven by a dedicated team of individuals. The management has always been open to ideas while being inclusive of any newfangled idea that comes to anyone’s mind. “We are supportive and avoid ego-clashes and have a collaborative approach to working where liberty, creativity and ideation play significant roles in our overall growth,” asserts the leader. The administration’s thoughtful initiative of facilitating several employee welfare programmes has been appreciated by all. Accommodation facilities accompanied with well-kept toilets, healthy work environment with properly ventilated spaces. Moreover, they conduct regular health check-up campaigns for their employees where all statutory compliances are kept under strict consideration.

The most considerable and biggest achievement that Kalatmak has made so far is to survive the pandemic while being strongly active amid such unfavorable scenarios. Pandemic couldn’t shake their in-depth roots in the market that are nurtured by the long-lasting relationships with their valued clients and vendors. “Having completed over 25000 projects in the last 30 years for all segments of the society, from celebrity and VVIP homes to star hotels and offices for prominent companies, we have done complete justice to our motto of delivering matchless customer experience,” quoted the industry maven.

Jasmender Sharma

51 www.businessconnectindia.in | Vol. 5 | Special Edition September 2022 INDIA they are enabled and empowered to create a better future for all. During the nascent stage of his life, he started off as a contractor with a clear understanding of the market needs and a persistent hunger to ensure excellent business expansion. Owing to his customer centric approach, he has been able to create goodwill in the industry within a short span of time.

When asked to reveal the plans for the future of the brand, Jasmendar Sharma explained that they have envisioned establishing several house brands for various segments/ categories of furniture. While ensuring their robust presence across PAN India, they have planned to introduce affordable high-quality furniture across the residential space. Moreover, there are many projects in the pipeline that will be introduced soon in the market.

The Co-founder and Director of Kalatmak Spatial Systems- Jasmender Sharma has been known to be a man with outstanding caliber as he dons multiple hats with ease. From heading core teams like production, to inventory management and purchase, he is known as a hands-on and solution-centric leader making the way for the holistic development of the organization. With a keen sense for business and understanding the pressing needs of the customer - he actively works towards value engineering.

MILESTONES WORTH A GLANCE

WHAT KIND OF CULTURE THRIVES AT KALATMAK?

FUTURE OUTLOOKS

• Founded: 27 September 1999

• Services: Online ticketing, Catering, Tourism, and Hospitality services

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• Enter your 10-digit Passenger Name Record (PNR) number. This will provide all the information of your train, seat no, and berth.

Indian Railways passengers can now order food online through WhatsApp while travelling. IRCTC’s food delivery service Zoop partnered with Jio Haptic to allow users to order food through its WhatsApp chatbot service.

• Key people: Rajni Hasija, IRAS (Chairman & MD)

• Open the Zoop chatbot in your WhatsApp.

• The passengers can connect with Zoop on WhatsApp chat at +91 7042062070.

INDIAN RAILWAY CATERING AND TOURISM CORPORATION (IRCTC) RAILWAY COMPANY

YOU

• 5. Users can then select the restaurant and pay, all from the chatbot. Once the payment is done, users will be able to track their order food from the chatbox.

• Founder: Ministry of Railways

FIVE SIMPLE STEPS TO ORDER FOOD ON TRAIN VIA WHATSAPP

The feature allows online payments through UPI, net banking, and others. The payment interface is not a part of the WhatsApp ecosystem because WhatsApp Payments is not yet available to businesses. Users can therefore utilize UPI and net banking among other methods to make digital payments. CAN NOW ORDER FOOD ONLINE ON TRAIN USING WHATSAPP; HERE’S THE PROCESS

In just a few easy steps, passengers can now order food using the WhatsApp chatbot service, allowing passengers to receive their food which will be delivered directly to their seats using their PNR number.

• Zoop will verify your information and ask you to choose the upcoming station where you want to receive the food.

• Headquarters: New Delhi • Owner: Government of India (67%)

Passengers should note that this service allows them to get their food delivered to any upcoming station that is a part of their journey without even having to download the Zoop app. With the help of this innovation, passengers won’t have to rely on the train’s pantry or other vendors for food while traveling on the train. With this real-time service, passengers will be able to place orders and bring food to their seats through the WhatsApp chatbot, reducing the gap between network problems that they often experience while traveling.

When domestic operations resumed after a two-month break, the caps were first introduced in May 2020. The government had proposed seven bands for domestic economy class travel based on the time duration of flights. The plan was to protect the travellers while also averting a fare war. The band included flights that lasted up to 40 minutes and those that lasted 180–210 minutes. According to the regulations, the cost of a ticket for a flight lasting under 40 minutes could not be less than Rs 2,900 (excluding GST) or more than Rs 8,800 (excluding GST). This rule even applied to significant trunk routes. The lower band was floated to support the financially struggling airlines while the upper band was floated to protect customers from high prices. Later, on a 15-day rolling cycle, the ministry loosened the fare restrictions.

The removal of the cap will enable carriers to offer customers competitive prices in advance of the holiday season. After the bands are taken off, the price of a ticket will be determined by all standard factors, including supply and demand, competition, and airline monopoly.

BIG CHANGE IN FLIGHT TICKET PRICING

Airlines can now provide discounts on specific routes, which was previously prohibited by the lower and upper caps. On some routes, travellers can expect competitive fares, though carriers will still charge more on monopoly routes. Additionally, it is anticipated that prices will be high on popular trunk routes like Mumbai-Delhi and Delhi-Bengaluru.

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The average one-way fares on some of the busiest domestic routes have dropped as much as 31%, according to data provided by the travel website ixigo, for tickets purchased about two weeks in advance. A ticket between Delhi and Mumbai, for instance, dropped from Rs 7,587 to Rs 5,801 in the second week of August, a 24% decrease.

The Ministry of Civil Aviation has removed the last Covid-related operational restrictions on domestic air travel, which were price caps on domestic airfares. This means that beginning on August 31, fares will be regulated by the market, with airline operators expected to offer competitive prices. In an order issued earlier this month, the Civil Aviation Ministry stated that the decision to repeal the price caps was made after an analysis of the current state of Theaffairs.airlines have been putting pressure on the government to reverse the price bands because they contend that the caps are preventing them from fully recovering from the pandemic slump. In its own defence, the government had claimed that these ceilings were essential to protect the passengers from having to pay a staggering Jyotiradityasum.

THE REASON BEHIND PRICE CAP

Furthermore, industry experts have noted that last-minute bookings of flights may now result in lower prices but it also matters when you travel. The announcement has been made at a time of low traffic. Airlines executives reportedly think a fare war may break out, according to one financial daily. If that occurs, ticket costs will decrease. As a result of less traffic, airline executives predict that prices will drop significantly at least through the end of September. In the holiday season, which begins in October, they do anticipate airlines to maintain pricing restraint. However, it is possible that airlines with a dire need for liquidity could still offer lower prices.

Scindia, the Union Aviation Minister, claimed in May that the high cost of ATF and other domestic factors had encouraged his government to maintain price caps.

AIRFARES NOW ONWARDS

The cost of tickets decreased by 20% for the Delhi-Goa route and by almost 15% for the Mumbai-Chennai route. But from a high base, the decline began. Airlines and online travel agencies driving the trend were looking to profit from the extended Fourth of July weekend. In comparison to January of this year, the fares in July were 25 to 30% higher.

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