Bengaluru, July 11, 2018:  India’s leading tax, finance, and business compliance company, ClearTax and India’s leading technology-driven brokerage firm, Zerodha have partnered to offer tax filing solutions to traders and investors across India.

Investors who deal with complex securities such as equity, derivatives, commodity, currency, mutual funds etc, find tax compliance challenging.  Income tax computation is loaded with complexities for investors and traders as it varies with the type of security, the duration of holdings, and the mode of trading. A trader needs a smart and efficient tax compliance solution to be able to focus all energies and efforts on their core business. Zerodha found its ideal partner in ClearTax to address tax woes of over 9 lakh customers on its platform.

The manual entry of hundreds of equity or derivatives transactions is an extremely tedious process and increases exposure to errors that may lead to penalties. Integration between ClearTax and Zerodha platforms aims to help avoid such issues and makes tax filing possible with just a few clicks. Users can view a detailed summary of total turnover, long-term gains, short-term gains, total capital gains and audit eligibility on the ClearTax portal by simply uploading the Zerodha P&L report.

The ClearTax software calculates accurate tax liability and auto-prepares the ITR for users. At the same time allowing users to review and modify as appropriate. Should tax filers need help, ClearTax CA-assisted plans are available at discounted rates to Zerodha clients.

Changes in the taxation of equity holdings announced in Budget 2018 has further left the investor community perplexed when it comes to tax computation. Starting April 1, 2018, long-term capital gains on stocks and equity mutual funds will be taxed at 10% for gains made over Rs 1 lakh. As lakhs of investors prepare for the change in regime in relation to equity taxes, ClearTax’s seamless integration can help with accurate tax compliance.

Further, traders who declare business income have to file advance tax every quarter basis this new regime. Error-free self-assessment and on-time payment of advance tax is yet another service that this partnership will address.

Archit Gupta, Founder, and CEO of ClearTax said, “Past solutions to taxation for investors and traders weren’t simply good enough. The introduction of tax on Long Term Capital Gain from 1st April has sharply increased the pain of Investors and traders. We realised that with the ClearTax technology, we can fix this pain by automating tax return preparation. Our one click integration with Zerodha will solve tax filing and tax planning for the investor community. We are proud to work with Nithin and his team.”

Speaking more on the association, Nithin Kamath, Founder & CEO of Zerodha said, “I remember a time (maybe about 9 years ago) I had the opportunity to meet one of those hard to find Chartered Accountants who knew both taxation and markets quite well.  At that point in time, nobody had blogged about it online, no good articles were written on the topic and so resources to learn about markets and taxation were difficult, if not impossible to come by. Thinking back had I known more about the topic, I would have greatly benefited. I’m glad that ClearTax is now enabling traders to file taxes online and so save a significant amount of time and money in the process.”

About ClearTax

ClearTax, India’s leading tax, finance and business compliance company, offers intelligent software solutions for compliance with direct and indirect taxes. ClearTax is on a mission to simplify the financial lives of businesses and individuals.

ClearTax’s income tax return e-filing solution is used by over 2.5 million Indian taxpayers making it India’s number one e-filing platform. Over 25,000 CA Firms use the ClearTax platform for tax & TDS returns. Thousands of employers use ClearTax to generate Form 16s. ClearTax also offers expert services to startups for incorporation and legal compliance.

ClearTax Invest was launched with the idea to help individuals with smart investing strategies. The mutual funds are handpicked and thoroughly researched by experts to help investors build wealth in line with their financial goals.

The ClearTax GST Software helps businesses to comply with government GST rules without any hassles. The software is applicable to small, medium and large business for everything GST.  It is currently used by over 5 lakh businesses, 1.5 lakh CAs and tax professionals, and over 500 large enterprises.

ClearTax EWayBill is an easy, smart and accurate software that generates consolidated e-way bills for business. The software is 10 times faster with 100+ validations to avoid errors.

ClearTax was founded by Archit Gupta along with Srivatsan Chari and Ankit Solanki in 2011. Archit, co-founder & CEO, is an IIT Guwahati alumni with a BTech in Computer Science. He holds a Masters in Computer Science from the University of Wisconsin-Madison. The company has 600+ employees and is headquartered in Bangalore, with a presence in Delhi, Mumbai, and Hyderabad.

ClearTax is Y-Combinator’s first India-focused investment. ClearTax raised $12 Mn in Series-A round of funding from SAIF Partners in 2016. It also counts Sequoia Capital, Max Levchin, Scott Bannister, Neeraj Arora, Vijay Shekhar Sharma and Naval Ravikant as its investors.

About Zerodha

Zerodha is an Indian financial service company (member of NSE, BSE, MCX, MCX-SX) that offers brokerage-free equity investments, retail and institutional broking, currencies and commodities trading, and mutual funds. Founded in 2010, Zerodha is known for its discount pricing model and innovative use of technology. It is headquartered in Bangalore and has a physical presence in all major Indian cities.  As of 2018, it is the second largest broker in India with a loyal client base of over 9 lakhs clients and contributes up to 10% of retail trading volumes on Indian stock exchanges.

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Toffee integrates with the Mobiefit, bringing insurance for the fitness app users

New Delhi, 9^th, April’18: ​Toffee Insurance, India’s first all-digital insurance platform for millennials, will integrate with Mobiefit, an Indian fitness technology training start-up. This partnership marks the first launch of Indian insurtech contextualisation. StayFit Toffee, Toffee’s fitness coverage, will be extended to users at no additional cost as part of Mobiefit’s subscription packages.

All Mobiefit subscribers, new and existing, will be able to avail StayFit insurance during this three month long pilot. StayFit Toffee is an annual policy, retailing at Rs. 430 for the year cover.

Gul Panag, Co-Founder of Mobiefit said, “Community is key. To stay motivated you need a support system and accountability. Working out on our own time takes dedication, but the Mobiefit app fosters engagement and connections, creating a tribe. Mobiefit is building a community between user communities and like-minded brands such as Toffee.”

Mr. Sushant Chavan, Venture Head of Mobiefit, shared, “Our subscribers pan-India understand that fitness is no longer a luxury, but a necessity. Many people consider injuries simply as a part and parcel of running and working out, only considering insurance under a lens of traditional health insurance – but this is not the case. The kind of physical therapy and treatment needed for sports injuries can involve specialised rehabilitation centers, which cost a substantial amount of money. But if you are covered, all this is taken care of. Collaborating with Toffee ensures safety, and is a great value addition for our users.”

StayFit Toffee offers coverage for:

• OPD hospital charges upto Rs. 5000

• Inpatient hospitalisation charges up to Rs 95,000

• Ambulance charges upto Rs. 2000

• Accidental death or disablement upto Rs. 1,00,000

• Treatment for broken bones upto Rs. 20,000

• 80% of the cost of a wheelchair or crutches up to Rs. 10,000

Rohan Kumar, CEO & Co-Founder, Toffee Insurance​, speaking on the collaboration said, “Fitness insurance is a new concept. We’re encouraging safety, while fostering the pursuit of fitness. Our aim for the association is to make insurance relevant to millennials. We’re saying do a triathlon, run a 10k, do another rep. You try to be conscious of your body’s limits and accidents, but you should be conscious of your wallet too in case things go wrong.”

The synergies between the two technology platforms is clear: empowering customers to live healthy, independent lives.

About Toffee Insurance

Toffee​is revolutionizing how India thinks about insurance. Get bite-sized insurance for the things you care about. Insurance has been too complicated and too expensive for too long, so, co-founders Rohan Kumar and Nishant Jain, made it simple and sweet. With Toffee you’re in control, you can purchase a policy in under 90 seconds with claims processed in under two hours.

About Mobiefit

Mobiefit​is focused on fitness training through its digital coaching programs via two apps ​Mobiefit RUN and ​Mobiefit BODY​.With nearly 1 Million downloads and 600,000+ registered users, Mobiefit is India’s premier mFitness platform. Monthly over 40,000 people complete Mobiefit in-app fitness sessions.

Investors in Mobiefit include Medi Assist (India’s largest TPA serving over 10 million+ corporate employees across 5,000+ companies), and NB Ventures a Dubai-based fund that has also invested in HealthifyMe

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• A new offering by TECNO to be launched in the sub 8K category, slated to make its debut with the start of IPL season.
• Slew of more new products to be launched during the ongoing IPL season
• The IPL team association details to be announced on  6^th April
• The TECNO Camon portfolio currently includes 2 models : Camon I & Camon I Air priced @ 8999 & 7999 respectively
• Last month TECNO entered into a special offer partnership with Vodafone  whereby new TECNO Camon i series buyers can avail cashback of Rs 2200 along with Free 3 months subscription of Vodafone Play

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New Delhi, December 19, 2017: Vodafone India, one of India’s leading telecommunications service providers and itel Mobile, a leading mobile brand of India, today announced a strategic partnership to provide an exciting cashback offer on the purchase of feature intensive itel A20 Smartphone. The offers provides a cashback of Rs. 2,100 to a customer buying itel A20 bringing its effective price down from Rs. 3,690 to just Rs. 1,590.

This partnership underlines the common mission of both itel and Vodafone to popularize 4G connectivity in the country. It aims to propel the growth of data adoption by providing access to a smartphone and mobile internet, thereby, empowering customers to remain connected always at extremely pocket friendly prices.

To avail this exclusive offer, itel and Vodafone customers will have to buy the Itel A20 smartphone priced at Rs. 3,690 and recharge with Rs. 150 or more in a calendar month for 18 months. The recharge can be done either cumulatively or as a one-time recharge.  At the end of 18 months, customers will receive a cashback of Rs. 900. Upon continuing to recharge Rs. 150 per month, customers can enjoy an additional cashback of Rs. 1,200 after another 18 months.

The bundled offer can be availed up to March 31^st, 2018. . Users will receive the cashback in their M-Pesa wallets, allowing them to recharge, pay bills, transfer money or withdraw cash, according to their convenience.

Mr. Gaurav Tikoo, Sr. VP, Marketing, Transsion India said, “At itel, we are committed to making the 4G smartphone experience accessible to the masses as well as to boost the value proposition offered by all our products. Not only are we enhancing our 4G portfolio to achieve this aim, but are also entering into major strategic tie-ups to deliver greater value in our offerings. Our partnership with Vodafone reiterates this commitment. Its superior network coverage will perfectly complement the feature-intensive A20. We are confident that the partnership will drive 4G adoption across the country by maximizing the overall value for both itel and Vodafone customers.”

Commenting on this offer, Avneesh Khosla, Associate Director – Consumer Business, Vodafone India said, “Millions of consumers in India are upgrading to smartphones to enjoy the benefits of mobile internet. We are delighted to partner with Itel to hand hold customers as they transition from feature phone to smartphone and provide a rich experience with Vodafone SuperNet^TM 4G. We firmly believe, that affordable handsets along with pocket friendly data prices, will accelerate data adoption. The exciting cashback offers will make this digital journey a more affordable and enriching one for our customers.”

High on features, A20 comes with 4G VoLTE (Voice over LTE) and ViLTE (Video over LTE) )-enabled offering, and operates on Android 7.0 (Nougat), which is further supported by 1GB RAM, 8GB internal memory, and a 1.3 GHz quad-core processor for a flawless smartphone experience. A20 offers exceptionally long-lasting battery life with its 1500 mAh Lithium-ion battery. To sum it up, itel A20 within its price point is itself a bargain – something that is taken to another level with its Vodafone association.

About itel Mobile:

Launched by its parent company, Transsion Group, itel focuses on delivering value plus mobile devices. The brand forayed into the Indian market in April 2016 and has established its leadership position by bringing strong market disruptions. Its product portfolio comprises 10 smartphones and 19 feature phones. itel also maintains strong distribution channel and after-sales presence PAN-India with more than 900+ service touch points and its exclusive service brand, Carlcare recently launched in India.

About Vodafone India

Vodafone India is a 100% fully owned subsidiary of the Vodafone Group Plc. with operations across the country serving over 210 million customers (over 114 million in rural areas). Commencing operations in 2007, Vodafone is today India’s largest foreign direct investor, with a robust, award winning business and committed for the long term. Vodafone Business Services serves the needs of enterprises and government by providing total telecommunications (Voice and Data) solutions across mobility and wireline platforms. Our mobile wallet, M-Pesa is a unique and innovative money transfer service from Vodafone that fosters financial inclusion.

Committed to optimizing the near ubiquitous reach of mobile telephony to address national developmental priorities, the Vodafone Foundation partners is actively engaged in community development initiatives especially in the domains of m-Women, m-Agriculture, m-Education and Disaster Relief. Building on its global experience and expertise, an outreach across India and offering a comprehensive portfolio of technologies- 2G, 3G & 4G, Vodafone is uniquely positioned to actualize the vision of Digital India

Globally, Vodafone Group is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone Group has mobile operations in 26 countries, partners with mobile networks in 48 more, and fixed broadband operations in 19 markets. As of 30 September 2017, Vodafone Group had 522.8 million mobile customers and 18.8 million fixed broadband customers, including India and all of the customers in Vodafone’s joint ventures and associates. For more information, please visit: www.vodafone.com.

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Building India’s largest online student & college ecosystem…

The All India Council for Technical Education (AICTE) has signed a Memorandum of Understanding with Edu-Tech Startup, Fourth Ambit Technologies Pvt Ltd. As part of this MOU, Fourth Ambit would work with AICTE and its member institutions to leverage its online platform and technical infrastructure to setup private online community portals for AICTE approved institutions. Such a community portal would help these institutions to on-board and engage alumni, parents, corporate partners and other well-wishers, thereby facilitating value for their students and faculty.

In addition to the above, a supporting ecosystem would be set up at the Fourth Ambit platform level by on-boarding partners across themes like skilling, entrepreneurship, networking, jobs, internships, faculty capability building, higher education, social causes, and technology evangelism.

The MoU was signed by AICTE Chairman Prof. Anil D Sahasrabudhe and Fourth Ambit CEO Rahul Das at AICTE office in VasantKunj, New Delhi.

Prof. Sahasrabudhe, Chairman, AICTE says,” AICTE has signed MoUs with other organizations as well for leveraging quality initiatives for the students and faculty at large in terms of internship, job opportunities and skilling tests. We hope that this project with Fourth Ambit would synergize the benefits of the same under one umbrella for the student community. We request the college alumni and corporate partners to join us in this endeavour to set up an online community ecosystem to support all the Technical Institutions in the country.”

“Setting up online community portals for more than 10,000 technical institutions across the length and breadth of India and fostering multi-dimensional value for more than 50 Million users is a daunting task. But, backed by a robust tech platform, led by an inspired team, supported by corporate partners, enabled by AICTE and State Universities, we are confident of creating history and nurturing a self-fulfilling value-based ecosystem”, remarked Rahul Das, CEO of Fourth Ambit.

The project would be activated in a phased manner across the various states with the AICTE Regional Office and State Universities playing a key role in the roll out. Corporate partners would get an opportunity to engage with and create value for a large base of authenticated students and alumni from technical institutes across the country.

About Fourth ambit

Fourth ambit which was co-founded by four classmates from Govt Model Engineering College, Kochi has been operational since 2012 and has more than 1000 college communities already on its platform. Among its clientele, are premier institutes such as IIM Bangalore, NIT Trichy, IIM Kozhikode, Manipal University, XIM Bhubaneshwaretc. Fourth Ambit raised their first round of funding earlier this year via 1Crowd, a crowd funding platform.

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First-of-its-Kind Partnership to promote Teaching Excellence amongst Indian B Schools

September 11 2017: In a first-of-its-kind collaboration, the Indian School of Business (ISB) and the Indian Institute of Management Bangalore (IIMB) have joined hands to organise the ISB-IIMB Doctoral Consortium on Teaching for doctoral candidates who are about to start their careers as faculty at Indian B Schools.

Led by Professors Arun Pereira, Executive Director of the Centre for Learning and Management (CLMP) at the ISB, and Sourav Mukherji, Dean of Academic Programmes at IIMB, the Consortium had participation from doctoral candidates at ISB, IIM Ahmedabad, IIM Bangalore, IIM Lucknow, IIM Indore, and IIM Kozhikode among others.

Participants were trained on effective teaching and classroom management, by using student-centered learning approaches to teaching, conducting effective case discussions, understanding the changing role of technology inside and outside the classroom, knowing the importance of student learning styles, how to engage with them better and what it takes to design a compelling learning experience for students.

Sharing his perspective on how the association between the two B schools can make a difference, Professor Arun Pereira of ISB said, “The ISB- IIMB Consortium is a fine example of how collaboration among Indian B Schools can raise the bar for management education in India. If Indian B-schools are to grow in quality and global stature, it is critical that the quality of faculty and teaching standards are on par with the best in the world, and programmes like this help to make that a reality. The ISB-IIMB association is unique in that it meets an increasingly urgent need to build capacity for India’s burgeoning management education sector.”

Professor Sourav Mukherji, Dean of Academic Programmes at IIMB, and one of the lead faculty for the programme, said: “The ISB-IIMB Doctoral Consortium addresses a long felt demand of the doctoral student community to provide key inputs towards honing teaching skills from the master teachers of ISB and IIM Bangalore. While several doctoral consortia have in the past focused on enhancing much needed research skills, the uniqueness of this programme lies in its focus on teaching, which given the enormous shortage of high quality business school faculty, caters to an important national agenda.”

Now in its fourth year the Consortium was for the first time organised jointly by the two B Schools, at the ISB’s Hyderabad campus. The programme is targeted at final year FPM /Ph.D./Doctoral candidates to help them get a head start as they begin their careers. A unique component of the programme is that each participant was required to teach and was provided substantive feedback, along with a recording of their teaching for review and reflection.

Participants from the consortium shared their experiences of how the Consortium was helpful. Kaveri Krishnan, from IIMB, felt it was a ‘very valuable experience, especially for doctoral students with no prior teaching experience’, while Biswajita Parida, IIMA, said, the consortium was ‘an eye-opener to the state of the art technological tools, teaching methods, and styles of assessment evolving in the contemporary market

The Doctoral Consortium was supported and funded by the International Schools of Business Management (ISBM).  ISB Is a member of the ISBM — a group comprising of leading B Schools such as HEC Paris, IMD Lausanne, INSEAD Fontainebleau, Kellogg School of Management, North western University, London Business School, SDA Bocconi, Milan, Stern School of Business, New York University, Stockholm School of Economics, IAE Aix-Marseille Graduate School of Management, and China Europe International Business School (CEIBS).

About ISB

Indian School of Business (ISB) is a global Business school offering world-class management education across its two campuses – Hyderabad and Mohali. The School has grown at a rapid pace over the sixteen years since its inception and already has several notable accomplishments to its credit – it is the youngest school ever to consistently rank among the top Global MBA programmes, one among the select 100 global B-schools to have AACSB and EQUIS accreditation, one of the largest providers of Executive Education in Asia, and the most research productive Indian management institution. A vibrant pool of research-oriented resident faculty, strong academic associations with leading global B-schools and the backing of an influential Board, have helped the ISB fast emerge as a premier global Business school in the emerging markets. For details visit www.isb.edu

About IIMB

A leading research-focused business school in Asia with around 100 full time faculty members, more than 1200 students across various long duration programmes and nearly 5000 annual Executive Education participants, Indian Institute of Management Bangalore (IIMB) is located on a verdant 100-acre campus in India’s high technology capital, Bangalore.

IIMB’s long-duration post graduate programmes comprise the Fellow Programme in Management (FPM), the Post Graduate Programme in Public Policy and Management (PGPPM), the one year full-time Executive Post Graduate Programme in Management (EPGP), the Post Graduate Programme in Enterprise Management (PGPEM), and the Post Graduate Programme in Management (PGP). All these programmes are very highly rated and IIMB alumni occupy senior managerial and academic positions around the world.

Along with ten disciplinary areas and five centres of excellence that offer courses and conduct research on interesting questions facing various sectors of industry, IIMB has three faculty recruiting centres – the Centre for Management Communication, the Centre for Public Policy, and the N S Raghavan Centre for Entrepreneurial Learning.

Committed to make deep social impact using technology-enabled education, IIMB offers Massive Open Online Courses (MOOCs) through edX, a not-for-profit online initiative of Harvard and MIT that offers online courses from the world’s best universities. IIMB is the first management school in India to offer MOOCs on the edX platform.

IIMB is accredited by the EFMD Quality Improvement System (EQUIS).  EQUIS is a global school accreditation system run by the European Foundation for Management Development (EFMD) that specializes in higher education institutions of management and business administration. For more information on IIMB, please visit www.iimb.ac.in

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New Delhi: To create awareness among the public and the doctors on certain overlooked disorders and vector borne diseases, conference was organised by Mental Research Society in coordination with GenX Diagnostics with over 200 doctors present on the occasion.

Briefing was initiated by Dr Prashant Nag, Pathology, GenX Diagnostics emphasised on how to tackle with vector borne diseases. “According to WHO, Vector borne diseases contribute to more than 20% of all infectious disease.  The toll in the capital crossing the 1000 suffering from vector borne diseases like swine flu, dengue, chikungunya and malaria, our prime focus should be on timely diagnosis and further preventions. Diseases due to mosquito bites are the most common but deadliest of disease. With lot of patients reaching out to hospitals for diagnostics, lab tests can prove to be much safer, easier and quick report generation helps in better treatment.”

According to WHO, globalization along with trade and travel, environmental challenges like changes in climatic conditions are having a significant impact on disease transmission in the recent month. Cases of swine flu in the capital have increased upto four times in the last month itself that may be attributed to climatic changes after the monsoon showers.

 Dr Gorav Gupta laid emphasis on psychosomatic syndrome and its consequences. He said” such disorders tend to affect a person physically which is made worse by mental factors. For instance chest pain may be caused due to stress and hypertension, but no physical disease can be found and some diseases are thought to be made worse by mental factors like stress anxiety and hypertension. This at any point affects the degree of severity of the physical disease. This is due to increased activity of the nervous impulses sent from the brain to various body parts.”  

Mostly the unexpressed feelings like anger, frustration or loneliness can take form of bodily ailments. Psychosomatic ailments are triggered by certain stressful situation, negative thoughts and emotions which is getting more common now a days. With people living and working in stressful environments, 80% of professionals in India (or any developing country) have chances to develop such ailments. The most common examples include peptic ulcers, hypertension, heart problems, skin allergies, stomach disorders and respiratory problems among many others.

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Customers can catch news from 20+ channels, amongst access to a host of other channels LIVE and on the go!

August 29, 2017, New Delhi: YuppTV, one of the fastest growing over-the-top (OTT) entertainment platforms for streaming South Asian Content globally, today announced partnership with India’s leading mobile app for transportation Ola, for its connected car platform for ridesharing, Ola Play. Ola commuters will now have easy access to a vast array of LIVE TV options across categories such as news, music, and general entertainment through YuppTV on Ola Play, a partnership that ensures an uninterrupted living room to car experience. The content available will be customized depending on customer preferences and ride information like time, destination, and preferred language to provide the perfect connected in-car experience.

YuppTV allows broadcasters and content providers to reach their target audiences through multiple mediums and screens and has the potential to greatly enhance the experience for many Ola customers with a wide range of live-streaming content. The association also, adds value to the superior experience proposition of Ola Rental and Ola Outstation categories that are widely used by customers. Long, traffic-filled journeys are now going to be easier rides with YuppTV’s broad selection of entertainment choices on display.

Mr. Uday Reddy, Founder & CEO of YuppTV said, “We are glad to announce our association with Ola for bringing LIVE TV channels to Ola Play. At YuppTV, it has been our constant endeavor to make highly entertaining content easily accessible to our users. Ola’s unique connected car experience, Ola Play, is in line with that vision as it allows for an immersive entertainment experience that is now going to be customized in accordance to the unique tastes and preferences of Ola cab riders. We are affirmative that in addition to increasing the user base of YuppTV, the association will now make Ola cab rides fun and entertaining for the commuters.

Speaking on the development, Ankit Jain, Vice President and Head of Ola Play, said, “Ola Play is an industry-first innovation that is set out to change the ride sharing experience. Coming together with the ecosystem and partnering with innovative OTT platforms such as YuppTV play huge role in our efforts to keep the experience seamless and relevant for our customers. With this partnership, Ola Play brings LIVE TV inside a cab for the first time, by leveraging OTT services of YuppTV to bring an experience that is easily accessible through the user’s mobile phone as well as the tab mounted in the backseat.  Ankit added, with this partnership, we are bringing a range of TV channels to Play, including LIVE news channels that are accessible on the go and will certainly make travel time more productive.

Currently, Ola Play is available in six cities in the country; Mumbai, Delhi, Bangalore, Chennai, Pune, and Hyderabad. Powered by proprietary in-car and cloud technologies from Ola, Ola Play brings advanced car controls, choice of personalized content and a fully-connected interactive experience through partnerships with the likes of Apple Music, AIB, TVF, Audio Compass, Eros, Arre, Lattu Kids, and PopXO to build a high quality interactive experience for users.

 About YuppTV:

YuppTV is one of the world’s largest internet-based TV and On-demand service provider for South Asian content, offering more than 250+ TV channels, 5000+ Movies and 100+ TV Shows in 14 languages. YuppTV, recently received funding from Emerald Media, a Pan-Asian platform established by leading global investment firm KKR for investing in the media and entertainment sector, wherein Emerald Media acquired a significant minority stake in the company for US$50mn. Emerald Media is led by industry veterans Rajesh Kamat and Paul Aiello, supported by an experienced team of investment and operating executives. The platform primarily focuses on providing growth capital to media, entertainment and digital media companies. YuppTV had earlier raised its Series A round of funding from Poarch Creek Indian Tribe of Alabama.

YuppTV has 25000 hours of entertainment content catalogued in its library, while nearly 2500 hours of new on-demand content is added to the YuppTV platform every day. YuppTV offers Live TV and Catch-Up TV technology. It also offers YuppFlix, a movie on demand streaming service for Expat Market and recently launched YuppTV Originals to bring forth unconventional story telling in collaboration with the top talent from the movie industry. Originals will be available in episodic format for the digital audience, exclusively on YuppTV’s platform. YuppTV is currently ranked #1 Internet Pay TV platform for Indians living abroad and the largest Internet TV platform from premium content availability in India. YuppTV is the most downloaded Indian SmartTV app and it also boasts of 13 million mobile downloads with 4.0 user rating.

Visit www.yupptv.in for more information.

About Ola:

Founded in Jan 2011 by IIT Bombay alumni Bhavish Aggarwal and Ankit Bhati, Ola (formerly Olacabs), is India’s most popular mobile app for personal transportation. Ola integrates city transportation for customers and driver partners onto a mobile technology platform ensuring convenient, transparent and quick service fulfilment. Ola is committed to its mission of building mobility for a billion people. Using the Ola mobile app, users across 110 cities can book from over 600,000 vehicles across cabs, auto-rickshaws and taxis.  Ola has also introduced a range of shared mobility services on its platform like Ola Shuttle and Ola Share for commute and ride-sharing respectively. The app is available on Windows, Android and iOS platforms. Please visit www.olacabs.com/media for more information.

About Ola Play

Launched in November, 2016, Ola Play, the world’s first connected car platform has transformed the in-cab experience for tens of thousands of Indian consumers by bringing advance car controls, choice of personalized content and a fully connected interactive experience, to the backseat of the cab. With customized content from partners including Apple Music, Sony LIV, AIB, TVF, Audio Compass, Eros, Arre and Fynd, ALT Balaji, Popxo high quality interactive experiences are now a reality for an Ola Prime Play commuter.

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A delegation of six members from FICCI Arise met with Smt. Ranjana Chopra, IAS, Commissioner-cum-Secretary, Department of School and Mass Education, Government of Odisha.

New Delhi, August 10, 2017: As part of its efforts  to become a catalyst in government and private sector efforts in school education, FICCI Alliance for Re-Imagining School Education (FICCI Arise), a collegium of members representing various facets of the K-12 segment comprising of progressive independent schools, eminent educators, foundations, think tanks, technical experts, and the civil society met with Smt. Ranjana Chopra, IAS, Commissioner-cum-Secretary, Department of School and Mass Education, Government of Odisha to share the initiatives of FICCI ARISE and seek  guidance on working together to meet the school education goals in Odisha.

The delegation led by Mr. Naga Prasad Tummala, Co-Chair, FICCI Arise discussed the key initiatives such as Project Hum Saarthi that offers a framework for one to one adaptation of government schools by well-performing independent schools in order to enhance the existing infrastructure and improve learning outcomes. The members also shared their views on regulation of self-financed independent schools which forms its base on rendering autonomy to them based on Self-Regulation, Transparency and Accountability, challenging schools to perform or perish. The delegation shared a copy of FICCI Arise-EY Vision for School Education 3.0 discussion paper that focuses on the need to create pathways for new paradigms and models of education that focus on meeting 21st century learning needs.

Smt. Ranjana Chopra said, “It is important to address the issue of promoting quality education in the country while ensuring a sustained education model. We appreciate the initiatives undertaken by FICCI Arise towards capacity building of government schools through their Project Hum Saarthi and wish to collaborate on that front. We would also like to consider working on the Model Self -Financed Independent Schools Code for our state.

Mr. Naga Prasad Tummala said, “We look forward to working with Odisha government. We believe that some of the initiatives that we discussed can truly add value to meet the state education goals in Odisha.

In addition to this, FICCI arise also held a meeting with leading schools from the state which included Future Bhubaneswar School, SAI International School, ODM Public School, Mother’s Public School, BMPS Takshila School, Vikas Residential School, St. Xavier’s Group of Schools, Venkateswar English Medium School and DPS, Dhenkanal.  The schools were oriented about FICCI ARISE vision and its efforts towards striking a balance between the needs and aspirations of the society and preserve the long-term sustainability of the new age schools. The meeting solicited participation from the schools to be a part of FICCI Arise and contribute towards taking this joint vision forward.

About FICCI ARISE

FICCI Alliance for Re-Imagining School Education (FICCI ARISE) is a collegium of members representing various facets of the school education ecosystem who have come together to promote the need for quality education for all and the role independent schools can play in achieving this. The primary focus of the Alliance is defining norms for standards and transparency, augmenting quality for 21st-century readiness, policy advocacy and facilitating capacity building and access. The Alliance advocates for a progressive policy environment that bring together public and independent schools to achieve Universal Quality Education in India. FICCI Arise has a national footprint through its National Committee and five Regional Committees. For more details, please visit: www.ficciarise.org

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August 10, 2017 — IFC, a member of the World Bank Group, and Bangladesh Bank have partnered to work on improving access to finance for women SME entrepreneurs of Bangladesh. The project will create a new market for the financial sector by de-risking lending to women-owned SME segment and encouraging the development of innovative financing models. It will demonstrate the business case for investing in women-owned SMEs that can spur economic growth and job creation.

There are 7.8 million small and medium enterprises in Bangladesh that employ 86 percent of total workforce. However, only 2.8 % of the SMES in Bangladesh are owned by women.  By economically empowering women entrepreneurs, this project will ensure that they can create jobs, spur innovation, and spearhead social change in Bangladesh.

Access to finance is one of the main factors that disproportionately affects women entrepreneurs and limits their ability to sustain and grow their businesses. IFC’s women SME finance market survey report estimates that the annual credit gap to the women owned SME segment is BDT 6,000 crore (or $0.77 billion) annually. The project will help create an enabling environment SME finance where finance gap for women SMEs can be reduced.

At the signing event at the central bank’s headquarters in Dhaka, Mr. S. K. Sur Chowdhury, Deputy Governor, Bangladesh Bank stated “This project is a milestone in the country’s SME sector development. Women entrepreneurs have the capability to transform the Bangladeshi economy. Bangladesh Bank is a pioneer among developing nations’ central banks in pursuing inclusive growth through supportive financial sector policies.”

Under the project, IFC will help Bangladesh Bank design a targeted credit guarantee scheme for women SME entrepreneurs. The project will review and update the existing SME policy of Bangladesh Bank to allow an improved flow of financing to women-owned enterprises and the SME sector. A comprehensive capacity development program will ensure that the central bank’s SME department staff can formulate, monitor and evaluate supportive policies for the SME segment.

Niraj Verma, Practice Manager, Finance and Markets Global Practice of the World Bank Group said, “this initiative deepens our partnership with Bangladesh Bank and we have a shared gender finance agenda. Interventions under this project will create an enabling environment to scale up the financial sector’s participation in women-owned SME sector.”

Wendy Werner, IFC’s Country Manager for Bangladesh, Bhutan and Nepal, signed the agreement and remarked “Increasing the income of women entrepreneurs can improve broad development outcomes as they reinvest their earnings in their families’ education and welfare. IFC and the World Bank Group share Bangladesh Bank’s vision of a society where the financial system is inclusive and meets the needs of all the country’s citizens.”

IFC and the Finance and Markets Global Practice of the World Bank Group has earlier supported Bangladesh Bank’s efforts to develop a range of services such as long-term finance, infrastructure finance, sustainability and risk management, financial integrity and digital financial services. The new partnership program is funded by Global Affairs Canada.

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In FY16, we delivered a record $19 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and boost shared prosperity. For more information, visit www.ifc.org

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