Archives September 2023

WestBridge Capital invests in leading Reg-tech company TSS Trackwizz at Rs 900 crore valuation

Mumbai, 12th September 2023: India’s leading Reg-tech company TSS Consultancy has received an investment from WestBridge Capital at a valuation of Rs 900 crore. This is a maiden round raised by the Company. Funds raised will be used for research & development, particularly artificial intelligence and to significantly scale its SaaS offerings including the launch of new products in niche areas of financial crime.

TSS Consultancy was founded in 2008 by Sagar, Sameer and Chandrakant Tanna. Headquartered in Mumbai, they are financial technology and compliance partners for over 350 institutions which include Banks, Stock Brokers, Stock Exchanges, Hedge Funds and other financial institutions across 3 countries India, South Africa and the US with 400+ team strength. TSS Consultancy tech platform TrackWizz, one of its kind software product suite, is designed to empower the finance industry in fighting financial crime, money laundering, terrorist financing etc.

Sagar Tanna, Founder & CEO, TSS Consultancy, says, “As India walks towards becoming a five trillion economy, the government has been proactive about uprooting unlawful financial activities from our systems. We believe protecting our financial systems and complying with the law of the land is crucial. Our mission is to help every financial institution and empower financial soldiers to fight financial crime with cutting edge technology and data intelligence with reasonable investments in the area of money laundering, KYC, Terrorist financing and Insider Trading.”

India is one of the members of the FATF and as part of this, it has FIU (Financial Intelligence Unit), which is directly under the Finance Ministry. All the businesses in the country are required to share suspicious information with this unit under the law if they suspect that a customer is doing suspicious transactions. TrackWizz is the only made-in-India software and has an excellently curated watchlist combined with transaction monitoring and regulatory reporting, a full-blown anti-money laundering (AML) solution.

Trackwizz platform under its AML solution provides relief to both small and large institutions by helping them prevent or report money laundering activities by using a risk-based approach.

Deepak Ramineedi, Partner at WestBridge Capital, says, “We are excited to partner with Trackwizz as they expand their market leadership by enhancing their suite of robust and innovative products in a fast-growing compliance market, a top-of-mind space for both financial institutions and governments globally.”

TSS, which has been profitable since its inception, has grown its revenues by 43% in the last 12 months. The Company’s topline is Rs 60 crore. Trackwizz is now used by brokerage firms that generate about 70% of the daily trading volume on both the major exchanges. Apart from the brokers, Trackwizz is also used by top banks in India, NBFC’s and Fintech companies. Currently with its clients like HDFC securities, Axis Bank, Zerodha, among others, Trackwizz aims to provide cutting edge technology solutions and is dedicated to serving the finance industry focussed on fighting financial crime, making operations efficient and helping business grow while keeping the economy crime free.

TSS has also become the first reg tech company to obtain a licence to do business in the International Financial Centre (GIFT City).

According to a report by IBEF, the RegTech Market size was estimated to be USD 7.6 Billion in 2021 and is projected to be worth USD 19.5 billion by 2026 with a CAGR of 20.8%. As governments and regulators become more stringent with financial networks being used for nefarious activities, TrackWizz is rightly positioned to help the financial sector root out crimes which can have serious ramifications for any country’s economy.

HMD Global unveils the Nokia G42 5G: An Innovative Blend of Durability, Cutting-Edge Technology

Nokia G42 5G

Bangalore, 12th September 2023 – HMD Global, the home of Nokia phones, announces the launch of the much-anticipated Nokia G42 5G smartphone in India at just Rs. 12,599/-. Nokia G42 5G is positioned as a durable and sustainable 5G smartphone and comes with a firm promise of longevity to the users, bringing HMD Global’s impeccable sustainability innovations to a wider audience. The product’s sustainable elements are central to the company’s commitment to reducing environmental impact.

Equipped with a Snapdragon 480 Plus 5G chipset, it enables super-fast 5G accessibility to many, not just a few. With two years of guaranteed OS upgrades available on Android 13, it reflects our commitment to long-lasting tech products. The Nokia G42 5G excels in testing toughness. It has gone through more than 2x drop tests compared to the G50 model, indicating a design without compromise to enhance longevity.

Ravi Kunwar, Vice President- India & APAC, HMD Global: “Nokia G42 5G is more than just a smartphone; it’s our commitment to make sustainable and quality choices accessible to all. We are incredibly proud to bring Nokia G42 5G to the Indian market, a device created with sustainability, longevity and cutting-edge technology at its core. Our team has worked tirelessly to ensure that this phone doesn’t just meet, but exceeds the needs of our users. We have tested it rigorously, optimized its use of storage and ensured that it receives updates for years to come – creating an experience that is truly geared up for longevity. With the Nokia G42 5G, we’re promising you a sustainable 5G experience that’s built to stand the test of time.”

Commenting on the launch, Mr. Ranjit Babu, Director Wireless and Home Entertainment, Amazon India said “We would like to congratulate the Nokia team for the launch of Nokia G42 5G. The smartphone offers 5G capabilities with many innovations. At Amazon.in, we continue to grow on our vast selection of 5G smartphones across price points.”

The new smartphone carries a three-day battery life that lasts through 800 full charging cycles. Nokia G42 5G comes in a 11/128GB configuration (6GB physical RAM + 5GB Virtual RAM), 6.56HD+ 90 Hz Corning Gorilla Glass 3 with a brightness of 450 nits. For photography and videography enthusiasts, it includes a 50MP AF Main Camera, plus additional 2MP Macro and 2MP Depth cameras, all with LED Flash. Front camera lovers aren’t left out either, with an 8MP camera that guarantees great Selfies.

Made with a 2-piece Unibody and back cover composed of 65% recycled plastic, Nokia G42 5G reflects a prominent step towards responsible consumption and production. Included in the box, buyers will find a 20W Fast charger, cable, and a jelly case.

HMD’s latest offering underlines its commitment to sustainability and durability, all while providing high-performance technology compatible with today’s latest digital demands. HMD Global Continues to bring affordable, sustainable, and reliable smartphone experiences to as many people as possible. Housing a 6.56HD+ 90 Hz Corning® Gorilla® Glass 3 for added resilience and a brightness of 450 nits for an immersive viewing experience, the device is an innovation marvel, coupling great visuals with robustness.

Further, equipped with various sensors including an Ambient light sensor, Proximity sensor, Accelerometer + G-sensor, and Side FPS, the device adapts efficiently to a variety of user environments and demands. The phone supports a 5000mAh battery capacity (typical), providing an assurance of longevity as it lasts through 800 charging cycles and includes 20W fast charging support, ensuring you can get back to life swiftly when the battery finally runs out.

The Nokia G42 5G is not only known for incorporating advanced tech features but also puts a substantial emphasis on sustainability and durability. It undergoes an industry-leading rigorous testing process, being drop-tested for a total number of 14 sides, corners, edges, and faces. To top it all, the 5G capabilities are designed to make this next-generation technology accessible to a broader segment of users.

HMD Global continues to tread the extra mile to provide affordable, sustainable, and reliable smartphone experiences to a modern, conscious, and internet-savvy generation.

Pricing and Availability

Nokia G42 5G is available in two cool colours, So Purple and So Grey, in a 11/128GB configuration (6GB physical RAM + 5GB Virtual RAM) at a launch price of INR 12599/-.

Sale goes live on Amazon India on 15th September at 12 PM.

Good News…cbse Releases Additional Practice Questions for Acing Your Boards

New Delhi, 12th September 2023: Over the years, CBSE has revamped its exam structure to become more focused on testing competency and high-order thinking skills in students. This has been reflected in all the Board Papers in recent years.

To equip students better in preparing for these new and challenging typologies of Questions, for the last 2 years, CBSE has been providing ‘Additional Practice Questions’ on their official website for classes 10th & 12th along with Marking Scheme Answers. On 8th September, CBSE released the Additional Practice Question set for the 2023-24 academic session.

These questions, accompanied by marking scheme answers, are designed to align with the evolving exam structure and provide students with a deeper understanding of crucial concepts and typologies. This article delves into the details of these practice questions, their significance, and how they benefit students in their board exam preparation.

The style of questions in the practice set is the same as the new and revised Board Sample Papers released on 31st March & 7th August respectively. As per the official blueprint of the CBSE Sample Papers, 50% competency-based questions will be asked in the 2023-24 Exam (refer to the screenshot below)

The recently released set of Additional Practice Questions will give the students a greater insight into the most important concepts and typologies for the upcoming boards. Students will evaluate their understanding of different topics and identify areas where they need improvement. While these Practice questions are typically designed to mimic the format and difficulty level of actual board exams, the blueprint in the boards will be as per the Board sample Papers released earlier. With a wide universe of questions, the students will get a chance to be well-prepared for the Boards, reducing anxiety and boosting performance.

To further support students and provide them with 100% updated study material, Oswaal Books is proud to offer its curated Question Banks for both 10th and 12th grade with the Latest set of Additional Practice Questions, available on Amazon:

It’s important to note that there have been no changes in the Sample Question Paper Pattern provided by CBSE. Students can rely on these official resources to prepare effectively for their examinations.

Swaati Jain, Editor-In-Chief, Oswaal Books, shared her enthusiasm about these resources, stating, “We are dedicated to supporting students in their educational journey. Our carefully curated Question Banks and access to official Sample Question Papers aim to empower students with the tools they need to excel in their board exams.”

She also expressed her deep concern for the fake news being spread through paid articles, petty YouTube influencers, and unknown WhatsApp numbers stating that a new Sample Paper has been released by CBSE. These have been doing rounds with misleading headlines like “BAD NEWS, PATTERN CHANGED”. This kind of malicious news is instilling unnecessary fear among students and teachers alike.

The newly released set of Additional Practice Questions serves as a valuable resource for students preparing for the upcoming board exams. They offer students a deeper insight into crucial concepts and question typologies, enabling them to assess their understanding of various topics. These practice questions are meticulously designed to replicate the format and difficulty level of actual board exams, helping students become more familiar with the examination environment. Importantly, these questions align with the blueprint provided in the board’s Sample Papers, ensuring that students are well-prepared and less anxious about the board exams.

In addition to the CBSE’s official resources, Oswaal Books has stepped in to provide further support to students. Oswaal Books offers curated Question Banks for both 10th and 12th grades, incorporating the latest Additional Practice Questions. These resources are available on all e-commerce sites, making them easily accessible to students nationwide. Moreover, Oswaal Books offers access to CBSE Sample Question Papers for both grades, ensuring students have access to comprehensive study material.

The release of Additional Practice Questions along with the CBSE Sample Papers will surely give the required impetus to every student to ace their Board preparations. Hence, with the latest insights given by CBSE and the unwavering commitment of Oswaal Books, students can look forward to a more confident and successful academic year.

Akila Agrawal releases her debut novel, titled Marriages Not Made in Heaven

12th September 2023, New Delhi: Acclaimed corporate lawyer Akila Agrawal releases her debut novel, titled ‘Marriages Not Made in Heaven,’ under the pseudonym Vathi Agrawal. The online book release was followed by a launch event at the Oberoi, New Delhi, which was attended by the author’s peers and fraternity. The book is currently available on online channels and in offline stores across the country such as Bahrisons and Crossword.

Set in contemporary South Delhi,the book is a generic tongue-in-cheek reflection on the city’s distinctive upper-middle-class households, enthralling the readers with its captivating take on arranged marriages. The story is intricately woven around the lives of the Chopra sisters – Payal, Simran and Nisha, and their mother, whose sole ambition is to get her daughters settled in happy matrimony, preferably in wealthy households. The book provides an unbiased perspective on the complexities of modern Indian families, portraying the societal pressures faced by educated Indian women.

Talking about the book, the author, Akila Agrawal, said, “Imperfect marriages and their struggles are a pervasive issue in Indian society. Veiled as a light, frothy read, the book is a take on modern day relationships and marriages. It is loosely based on Pride and Prejudice (though there isn’t a Mr. Darcy). The book revolves around the complex lives of three sisters who are strong ‘women of substance’ but feel constrained to conform to parental and societal expectations. I notice this among several educated women that I come across in Delhi. Many marriages are still arranged based on status, wealth, and family reputation. The book explores this and related aspects through a fast paced story line.”

Akila Agrawal is a leading corporate lawyer in India and an alumnus of the prestigious National Law School of India University, Bengaluru. She heads the M&A practice of Cyril Amarchand Mangaldas and has a distinguished career spanning over more than two decades. She is based in Delhi, where she lives with her husband and two children.

MGM Cancer Institute Pioneers Innovative Approach with a Workshop on Implant-Based Breast Reconstruction

MGM Cancer Institute

Chennai, 12th September 2023- MGM Cancer Institute, a state-of-the-art hospital at the forefront of cancer care, today organised a cadaveric workshop on implant-based breast reconstruction. This procedure-specific workshop, designed exclusively for the surgical fraternity, focused on advanced techniques in implant-based breast reconstruction, enriching the knowledge and skills of doctors dedicated to the well-being of breast cancer survivors.

From Left Dr. Dhanasekar Padmanaban, Surgical Oncologist, MGM Cancer Institute, Dr. Balaji Ramani, Surgical Oncologist, MGM Cancer Institute, Dr. CS. Mani, Surgical Oncologist, Apollo Cancer Centre, Dr. Kirti Katherine Kabeer, Breast Oncoplastic Surgeon and Organizing Chairperson of the workshop, MGM Cancer Institute, Dr. Sivakumar Mahalingam, Surgical Oncologist, MGM Cancer Institute, Dr. MA Raja, Director, Oncology Services, MGM Cancer Institute, Dr. S. Jagadeesh Chandra Bose, Surgical Oncologist, Dr. Sankaran Narayanan, Oncoloplastic Breast Surgeon, North Staffordshire, Dr. Ashutosh Kothari, Oncoloplastic Breast surgeon, Guys and St Thomas, NHS Foundation Trust London, Dr. Veda Padma Priya, Breast Oncology, MGM Cancer Institute, Dr. Ananth Mohan Pai, MGM Healthcare, Dr. Sabari Girish Ambat, Plastic Surgeon, MGM Healthcare

Breast cancer has continued to be a significant public health concern, As per the 2020 National Cancer Registry Program Report more than two lakh women in India were estimated to have been diagnosed with breast cancer, and in terms of mortality, 37.2 per cent of women died from this disease in India in 2020, making it the second-highest breast cancer mortality rate worldwide for that year.

Breast cancer remains a significant health challenge for women globally. For many women, surgical interventions such as mastectomy are necessary, impacting both their physical and emotional well-being. Reconstructive breast surgery, including implant-based breast reconstruction, represents an essential approach to restoring not only physical form but also confidence and quality of life for breast cancer survivors.

The workshop conducted by MGM Cancer Institute’s Surgical Oncology team brought together a diverse group of medical practitioners, including plastic surgeons, oncologists, and other specialists. The primary goal was to provide participants with comprehensive insights into the latest developments in implant-based breast reconstruction, ensuring they can offer the highest standard of care to their patients.

Leading experts in the field delivered in-depth lectures on the principles and various aspects of implant-based breast reconstruction, including patient selection, surgical techniques, and postoperative care. Attendees had the unique opportunity to observe cadaveric demostration of surgical procedures performed by leading surgeons, gaining a firsthand understanding of advanced techniques and allowed participants to practice surgical skills, work with cutting-edge implant materials and engage in discussions with mentors. The live surgical workshop using a cadaver showcased successful outcomes of nipple sparing and skin sparing mastectomies with implant-based breast reconstruction, emphasizing the importance of personalized care.

Dr Sankaran Narayanan, Oncoplastic Breast Surgeon at University Hospitals, North Staffordshire, performed the Cadaver demonstration of Nipple Sparing & Skin Sparing Mastectomy with Implant and Acellular Dermal Matrix Breast Reconstruction, while Dr Ashutosh Kothari, Oncoplastic Breast Surgeon, Guys and St Thomas NHS foundation Trust London, delivered lectures and conducted interatcive sessions on the biologics, techniques and peri-operative care of implant based breast surgery.

Prof. Dr. SVS Deo Professor and Head of Surgical Oncology, AIIMS New Delhi, Dr Rishikesh Parameshwar University Hospitals of Morecambe Bay, Lancaster, Dr C S Mani Surgical Oncologist Apollo Cancer Center, Chennai, Dr C B Koppiker Breast Specialist and Oncoplastic Breast Surgeon, Orchids Health Centre, Pune, Dr Praganya Chigurupati, Dr Sanjit Kumar Agarwal, Dr Ashutosh Tandore and Dr Shafeek Shamsudeen were part of the workshop.

Dr. Kirti Katherine Kabeer, Consultant Breast Oncoloplastic Surgeon and Organizing Chairperson of the workshop, MGM Cancer Institute, said, ” Over the past two years, we have observed a significant increase in breast-related cancers, particularly among women in their late 20s, 30s and 40s. This workshop featured sessions on the use of Implants in Reconstructive Breast Surgery in therapeutic and risk reducing procedures. Awareness of Implant-based surgery in India is comparatively low and we are committed to spreading knowledge about this technique, which can lead to a better quality of life beyond treatment.“

Dr. Veda Padma Priya, Senior Consultant, Breast Oncology, MGM Cancer Institute, said, “Our goal is to ensure that every breast cancer survivor receives the highest level of individualized care and support. This workshop empowers medical professionals with the knowledge and skills needed to provide excellent reconstructive options, ultimately improving the lives of our patients.”

The organizing committee of the workshop includes Dr Kirti Katherine Kabeer, Dr Veda Padmapriya, Dr Sivaram Ganesamoni, Dr Balaji Ramani, Dr Sivakumar Mahalingam, and Dr. Dhanasekar Padmanabhan from the surgical oncology team under the guidance of Dr M A Raja, Director of Oncology at MGM Cancer Institute.

The success of the MGM Cancer Institute’s Implant-Based Breast Reconstruction workshop underscores the hospital’s commitment to advancing cancer care, empowering medical practitioners, and improving the lives of breast cancer survivors.

Premium menswear brand Celio unveils its trendsetting Concept Store in Pune

Celio


Pune– Celio, the renowned French menswear brand, is excited to announce the highly anticipated inauguration of its first new concept store in Pune, Maharashtra. This exciting new store is all set to introduce an evolved shopping experience for fashion-forward men in the city. The store welcomed its first customers on September 01, 2023.

Spanning an impressive 2100 square feet, this new store is set to become a hub for fashion enthusiasts, offering an extensive and diverse range of clothing and accessories, perfectly reflecting Celio’s commitment to providing premium fashion options for today’s modern man.

This store launch marks the third new concept store for Celio in India, following the successful openings of similar stores in Hyderabad and Bengaluru. The Pune store, however, stands out as the first of its kind in the state of Maharashtra, reinforcing Celio’s dedication to expanding its innovative shopping experience across the country. This achievement also signifies the 60th store for Celio in India, solidifying its presence as a leading fashion brand in the country.

The new concept store, pioneered by Celio in France, introduces larger stores that offer an even wider and more diverse collection of clothing and accessories. This approach aligns with Celio’s vision to provide a one-stop destination for fashion-conscious men who seek quality, style, and convenience. The new store will showcase Celio’s Autumn Winter 2023 collection, featuring the latest trends in French fashion, designs, and fabrics that will redefine men’s fashion for the upcoming season.

The Autumn Winter 2023 collection features a unique selection of officially licensed merchandise, including the Dragon Ball Z collection, Naruto, and TMNT, catering to fans of these iconic franchises. Shoppers can also elevate their denim game with Celio’s premium Italian jeans that offer the perfect fit and comfort while showcasing the timeless elegance of Italian fashion.

Speaking about the launch of their new store, Mr. Satyen Momaya, CEO of Celio India said “We are excited to introduce our revolutionary concept store in Pune, offering a wide array of fashion choices for the modern Indian man. The new space is our latest new concept store in Pune providing a unique and unparalleled shopping experience. As we introduce our Autumn Winter 2023 collection, we invite you to embark on this exciting sartorial adventure with us.”

Celio invites fashion enthusiasts to join in celebrating the grand opening of its latest store in Pune. Be prepared to explore an extensive range of stylish clothing and accessories that cater to the diverse tastes and preferences of today’s discerning gentlemen. Embrace the latest fashion trends with our extensive range of cargo pants and shirts adorned with trendy prints. Whether you’re looking for a casual or edgy look, you’ll find the perfect outfit to express your style.

Address of the store: F-19A, 1st Floor, Mall of Millennium, Behind Sayaji Hotel, Wakad, Pune – 411057.

Botox in a Bottle with Love, Indus

The Indian subcontinent is a connoisseur in the beauty space which is deeply rooted in its diverse culture and ancient traditions. Committed to preserving the Indian legacy of beauty traditions, Surbhee Grover complemented her grasp of market gap and consumer needs to the advanced technology of New York and brought forth something extraordinary. She re-imagined possibilities and created an opulent skincare and wellness brand that is driven by confluence and contrast – Love, Indus.

The brand has gone over and beyond to comprehend the significance of indigenous ingredients to restore beauty and strives to enhance and innovate how Indian-inspired skincare is consumed in the world. Unbound by conventions, a great deal of research has been done to meticulously select rare minerals and botanicals that are lost or forgotten. Love, Indus has seized the opportunity to bring to you Freedom of Expression – also referred as ‘Botox in a Bottle’.

The brand recognises that the skin around our mouth is very delicate and prone to wrinkles (producing expression lines such as lip and laugh lines), yet it receives less care. The alternatives for treating these lines are quite limited and somewhat obtrusive. And that is exactly why the brand introduced its Freedom of Expression Dual-Purpose Line Limiter – a nourishing, yet strong solution to care for lines in particularly weak places.

The Freedom of Expression Dual-Purpose Line Limiter is designed specifically for expression lines such as lip lines, laugh lines, and face creases. This vegan serum contains potent botanicals such as Hibiscus, Kokum, and Mulberry, as well as lab-designed, clean components such as Vegan Collagen, which is bio-designed to keep the skin supple, smoother, and crease-free. It strengthens thinning skin, improves lip contours, and helps cure the skin’s vulnerable areas, allowing you to express yourself freely. The end result is plumper skin that shines without stress.This concentrated serum can also be used as a primer and its floral bouquet showers your skin with a scent reminiscent of an Indian Varmala (Garland) Ceremony.

Love, Indus, celebrates Surbhee’s two homes and combines the regional riches and rituals of India to New York’s cutting-edge technology and advancements to create their revolutionary precious potions. The company creates clean, gender-neutral, and high-performance skincare by resurrecting hyper-local, valuable ingredients – ‘some lost, some forgotten, and some that are yet to be discovered and harnessed outside their regional bastions.’ –

IIT Indore elevates STEM education with Tinkerers’ Lab inauguration

IIT Indore elevates

Indore, 12th September 2023: The Indian Institute of Technology – Indore (IIT Indore) has inaugurated Prof. Deepak Phatak Tinkerers’ Lab, a student-managed facility open 24×7 to one and all. The facility is funded by the Maker Bhavan Foundation (MBF) and the Desai Sethi Foundation and is named after Padma Shri recipient Prof. Deepak B. Phatak, an exceptional educator and maker par excellence known for his path-breaking work on a variety of digital technology domains.

As the chief guest at the occasion, Prof. Phatak addressed the students and highlighted the value of learning by doing for an engineer: “The product prototypes students build here will not be bound by any syllabus, but only by the imaginative ideas and creative talent brought to life. The students are encouraged to work and build things with their own hands and seek advice and mentorship from elders as required. The passion that gets poured into the work done here would make the students far better practical problem-solvers in life. Their accomplishments here may constitute tiny steps taken towards becoming successful entrepreneurs.”

Speaking on the occasion, Prof. Suhas Joshi, Director of IIT Indore, said, “The inauguration of Tinkerers’ Lab is a momentous occasion for IIT Indore, marking our commitment towards nurturing the next generation of engineers who are adept at practical problem-solving, besides being well-versed in theory. It reflects IIT Indore’s commitment to providing a holistic ambiance to its students and preparing them to make a real impact in the world.”

This remarkable addition to the IIT Indore campus was made with the support of two principal donors, Dr Hemant Kanakia, Chairman and Founder of Maker Bhavan Foundation, and Bharat Desai, Chairman and Co-Founder, of Syntel, Inc., through the Desai Sethi Foundation. The goal was to encourage real-world problem-solving and ignite the spirit of innovation and entrepreneurship among students.

Bharat Desai joined the inauguration online from the USA and interacted with the students in a fireside chat. He said, “We are inspired by Prof. Deepak Phatak’s passion for teaching, his deep understanding of technology and his ability to translate that into clear conceptual principles that audiences can readily grasp and his immense love for India. This laboratory is dedicated to his contributions to India and his unwavering support to learning.”

Dr Hemant Kanakia attended the function in person with his batchmates from the 1975 batch of IIT Bombay. He shared the history and goals of the programme: “Tinkerers’ Lab began with the support of the batch of 1975 of IIT Bombay. Today, it is the flagship initiative of Maker Bhavan Foundation, which is working towards transforming India’s STEM education landscape by creating the future generation of talented technologists and inventive engineers – the next generation of changemakers who are master innovators, real problem solvers, confident builders, and ethical leaders for the nation.”

As TL opens its doors to the IIT Indore community, it heralds a new era of discovery, creativity, and engineering excellence. With state-of-the-art equipment, this facility promises to be a crucible for ideas, a place where dreams take shape, and innovations come to life.

Making India Employable Conference & Awards Celebrates Excellence in Higher Education, Skilling and Employability

Making India Employable

Mumbai, 12th September 2023 – The Making India Employable Conference & Awards, co-presented by the India Education Forum and India Employer Forum and supported by TeamLease Edtech as the knowledge partner, was successfully held on September 8th, 2023, at Novotel Mumbai International Airport. This prestigious event brought together leaders, innovators, and visionaries in the fields of higher education, employability, and skilling to celebrate excellence and significant impact in India.

The Making India Employable Conference & Awards (MIECA) is a celebration of individualistic excellence, innovation, and real-world impact in the domains of education, employability, and skilling. These awards are bestowed on the very best of the best who showcase exemplary contributions towards the common goal of Making India Employable.

Shantanu Rooj, Founder and CEO of TeamLease Edtech, said, “The MIECA 2023 marks a pivotal moment in celebrating excellence in Education, Employability and Workforce Development. The event celebrated the cause of building an inclusive and employable India and recognized the efforts of individuals and organizations in bridging the gap between education and employability. We congratulate all the winners for their pursuit of excellence.

Dr Mashelkar, winner of Padma Vibhushan, and keynote speaker at the ceremony, said “This is the first time I have seen the burning issue of Employability of the Youth being brought to the forefront in such a powerful manner by getting some of the best minds from around the country together to talk in terms of the future and how do we achieve this particular future because The Youth is our future. Educated youth is not enough; employable youth is most important. Moving forward, we must make sure that our democratic dividend is something that we capitalise to catapult India to great heights and within that, the role of the corporate sector – their support and partnership is going to be very critical. The universities partnering with EdTech companies, TeamLease EdTech being a shining example, will be very critical in embedding the skills of the future. It was a great start, a great day and even greater expectation in time to come.”

The award categories for MIECA 2023 were announced during the conference. These awards celebrate those who actively participate in the process of educating and upskilling India’s workforce.

The event witnessed robust participation, with over 200 corporations and 250 universities contributing to more than 450 nominations. An on-site audience of approximately 200 delegates highlighted the widespread interest and commitment to improving India’s employability landscape.

The Making India Employable Conference & Awards served as a platform to explore innovative solutions, foster collaborations, and recognize individuals and organizations who are making a significant difference in India’s journey towards greater employability.

Standing steadfast with India’s commitment to Climate change Fund – Edelweiss Alternatives launches its First Climate Fund

12th September 2023- In a pioneering move towards combating climate change and fostering sustainable development, Edelweiss Alternatives is launching its First Climate Fund. This fund is committed to supporting India’s noteworthy ambition to a carbon-neutral economy and providing a fillip for efforts to decisively nudge the adverse impacts of climate change on Earth.

In accordance with G-20’s commitment to mobilize financial resources in climate-related projects, Edelweiss Alternatives’ Climate Fund will diligently invest in a wide array of climate-related projects – ranging from climate mitigation to climate adaptation like renewable energy, transmission infrastructure, EV infrastructure, Green Infrastructure, water treatment, transport decarbonization, industrial decarbonization, and any such other related verticals.

The fund would offer the investors a long-term viable investment vehicle to participate in the world’s largest market for sustainable energy transition and generate far more worthwhile and steady returns.

A gamut of steps from member countries of G-20, and climate-specific policy initiatives heralded by the government of India, has garnered widespread support from various international organizations and the investor community. This reflects a forward-looking approach that positions India as a leader in the global fight against climate change.
As a commitment to integrate ESG considerations and promote sustainable and responsible investing practices in the investment decision-making process, Edelweiss Alternatives is also now a signatory to the United Nations Principles for Responsible Investment (UNPRI).

Venkat Ramaswamy, Chairman, Edelweiss Alternatives said, “Sustainable growth and inclusive energy transition is central to Prime Minister Narendra Modi’s vision for India. This fund will endeavor to support India’s vision towards building a net-zero economy. The launch of Edelweiss Alternatives’ Climate Fund reflects our determination towards building a sustainable future for our citizens, and the rest of the world. This is an investment for our shared planet, and will reinvigorate India’s growth story”.

Subahoo Chordia, President and Head Real Assets, Edelweiss Alternatives said “As per estimates, about USD 10tn of investment is required to achieve India’s 2070 net zero target. Our Climate Fund will look to invest in this growing and attractive investment opportunity, while also contributing to achieve the Sustainable Development Goals like climate action (SDG 13), clean energy (SDG 7), clean water (SDG7) and sustainable cities (SDG 11). Further, transport and buildings provide attractive decarbonising opportunities which also play a critical role in creating a sustainable and low-carbon future”.

Edelweiss Alternatives is an existing investor in renewable power and transmission sectors and with further investments from its funds it looks to achieve the generation of 450+ billion units of renewable energy, 450+ million tonnes of CO2 emissions reduction, saving or re-use of 5000+ million liters of water, creating over 7 million job years. Edelweiss Alternatives has implemented international processes and uses appropriate technology to achieve the purpose.