UPSC Excellence : Topper Tales from Vision IAS, Hyderabad

Hyderabad, 7th May 2024: The Civil Services Examination (CSE) is a nationwide competitive examination in India conducted by the Union Public Service Commission for Recruitment to higher Civil Services of the Government of India, including the Indian Administrative Service, Indian Foreign Service, and Indian Police Service.

Vision IAS conducted a seminar on UPSC preparation strategy by our students who secured All India Rank Mr. Navneet Anand ( AIR Rank. 499, UPSC CSE 2023 ) & Mr. Harshit Srivastava ( AIR Rank. 521, UPSC CSE 2023 ) which was attended by many aspirants.

AIR Topper’s talk in seminar on UPSC Exam Preparation in Vision IAS, Hyderabad 7

Navneet Anand (Purnia Dst, BIHAR) – 3rd attempt, Optional -Sociology

10th – 12th from – Sainik School, Chittorgarh, Rajasthan, B.A(HONS)- Ambedkar University, Delhi. and

M.A. Sociology – Delhi School of Economics, University of Delhi. CAPF(ACS)

Mr. Harshit Srivastava (Prayagraj, Uttarpradesh) – 5th attempt, Optional -Geography

Completed his School & Intermediate in Maharshi Patanjali Vidyamandir – CBSE and B tech Electronics and Communication- Institute of Engineering and Technology, Lucknow.

In this session, both shared their inspiring journey with the aspirants and offered them strategies for managing time effectively, developing practical study plans, and maintaining motivation throughout their preparation journey. The session was appraised by all the aspirants who reached the VISION IAS Hyderabad centre in Telangana to attend the open session, leaving a mark on the future nation leaders.

Gold Savings App Jar Surpasses 2 Crore Users

Bangalore, April 2024: Jar offers a streamlined investment journey that takes minimal time and customers can start saving money in small amounts, which gets invested in 24K, 99.9% pure gold. With Jar, users can save effortlessly and convert it to cash or receive physical gold at their convenience. Jar’s revolutionary round-off method effortlessly accumulates spare change from every transaction and invests it in gold so users can save that extra bit every month.

Jar DBWLogo

The company’s remarkable growth has not gone unnoticed. Jar won in the Best WealthTech Startup category at the Global Fintech Awards 2023 and was even mentioned as being one of the top UPI auto-pay players in the country. Jar was also recognized by LinkedIn as one of India’s Top Startups of 2023.

In the last 3 years, Jar has truly made leaps and bounds in the digital gold space, having started with a simple thought. Traditionally, there have always been high entry barriers in savings and investing: a high ticket size to start investing, time to understand and get started, and the complexity of the financial products.

From humble beginnings in Hassan, Karnataka, and Bihar Sharif, Bihar respectively, both Nishchay Ag and Misbah Ashraf had seen first-hand how middle India both earns and spends on a daily basis. They knew there was a gap in the market for a financial product that could help millions of people save better and get them started on their financial fitness journey.

That’s how Jar was born and, through Jar, these barriers of entry have been reduced significantly by leveraging the two most widely adopted financial tools in India – UPI and gold. Gold remains a popular investment in India, with over half the population (53%) choosing it. Now, a growing number of young investors are turning towards digital gold.

After getting a foothold in the gold space, Jar now plans to expand its offerings to include Lending, Investments, and more to meet the needs of its ever-growing user base.

SIDBI and Bihar Start-up Fund Trust collaborate to enhance the startup ecosystem in Bihar

24th February 2024, India – Bihar Start-up Fund Trust, Department of Industries, Government of Bihar, and SIDBI entered an MOU today in Patna to administer the `50 Crore Bihar Startup Scale-up Financing Fund (BSSFF). Department of Industries, Government of Bihar, Shri Pankaj Dixit, IAS, Director Industries, and Shri Arijit Dutt, General Manager, representing SIDBI formally signed the agreement. This strategic initiative is aimed at transforming the state into a startup hub, creating a conducive environment for startups to flourish economically while focussing on innovation to solve complex problems of the Indian economy and society.

Bihar Start-Up Fund Trust (“BSFT”) is a nodal agency constituted by the Department of Industries, Government of Bihar for implementation of the Bihar Start-Up Policy of the Government of Bihar. The Policy aims to foster entrepreneurship and promote innovation by creating an ecosystem that is conducive for the growth of start-ups in the state. Under the Policy, the Government of Bihar has set up the Bihar Start-Up Fund Trust with an initial Corpus of ` 500 Crores. Out of this fund, the Bihar Startup Scale-up Financing Fund (BSSFF) has been established with an initial corpus of `50 Crores for scale-up funding support to startups. The Fund, to be managed by SIDBI, shall be in the form of a Fund of Funds. In this model, the fund shall not invest directly into start-up companies, instead, it shall contribute to the corpus of SEBI-registered Alternative Investment Funds, which in turn shall invest in startups.

Since, its formation in 1990, when the risk capital and VC ecosystem for innovative enterprises and startups was nearly non-existent in the country, SIDBI has been impacting the lives of citizens across various strata of the society through its integrated, innovative, and inclusive approach. Over the last 3 decades, SIDBI has taken several pioneering steps to support the building up of a startup ecosystem including support out of its own balance sheet. SIDBI supported the setting up of several schemes on its own before emerging as a key partner of the Government of India and several State Governments for managing their vision in Startup space through Fund of Funds interventions. Apart from FFS, it also manages the ASPIRE Fund of Funds of the Ministry of MSME with a focus on Agro and Rural enterprises, and state focussed Fund of Funds for Uttar Pradesh & Odisha and now Bihar.