Friday, October 31, 2025
Home Blog Page 8

Connected mobility – a golden opportunity for automotive and telecom

By
Ayan Dutt
-
0
Connected mobility
Connected mobility

The future of the automotive industry is not just electric, shared, and autonomous, it is also connected. Automakers and telecom companies are joining hands to develop the most user-friendly and interactive connected vehicles. Connected mobility simply means being connected to the internet and it has finally found its true calling in the Indian auto market.

We are delighted to partner with Tata Motors in the Connected Vehicle Program to help unify and synergize data through a common digital services platform enabling completely new services, innovative business models, and enhanced customer experience. We are proud to be a strategic ecosystem partner to Tata Motors in their vision for the future of mobility that is Connected, Electric, Safe and Shared– said Manoj Raghavan, MD & CEO of Tata Elxsi

India, which is now the world’s 4th largest automobile market, is also witnessing a steady rise in connected vehicles’ sales. Auto giants like Hyundai, Kia, Honda, Tata, and MG motors introduced SUVs and sub-compact SUVs with connected tech. In the new Honda City, the users can turn on the AC or headlights just by speaking to an Amazon Alexa. Kia, on the other hand, has 50,000 connected tech vehicles already plying Indian roads. Its in-house developed connected car tech is called UVO. Kia’s connected car tech, the most advanced in the Indian auto sector, offers features such as voice assisted navigation, voice-based phone calls, remote AC, engine or headlights start.

Now connected tech is where homegrown Indian companies like Tata, Mahindra, and Force Motors can make up the lost ground in the passenger vehicle sector. This can be done by collaborating with other Indian telecom companies like Jio Platforms, Tech Mahindra, and Tata Elxsi. In the most recent Jio Annual General Meeting, the company announced that it has successfully developed its own 5G solution. Jio plans on exporting its 5G solutions after a successful roll out in the Indian market.

Today, I have great pride in announcing that Jio has designed and developed a complete 5G solution from scratch. This will enable us to launch a world-class 5 service in India, using 100% homegrown technology and solutions. – said Mukesh Ambani at the Reliance AGM

5G can harness the true potential of connected and autonomous mobility. This means that using Jio’s 5G, connected cars in Indian roads would not just be able to communicate with other connected vehicles but with the entire smart IoT infrastructure. It would not only make the Indian roads safer for the public but will create invaluable unstructured data which, if adequately mined, could create the next generation of AI algorithms.

Jio has made its intention of being a global 5G player quite clear. So, one way of doing that is jointly producing world-class connected mobility technology solutions in the Indian auto market. Tata communications are working on a similar connected technology project with Microsoft. What India needs is homegrown Indian companies joining hands and creating the best in house connected mobility solutions, the only way Indian companies can win back their home passenger vehicle market share. They can also start chipping into the foreign market of global giants like Volkswagen, Toyota, Hyundai, and Honda.

All the big giants in the automotive and telecom industry are working relentlessly to make innovative products to enable vehicle connectivity needs from a single source. This goes on to show that Indian companies and start-ups can develop complex software solutions and manufacture high tech telecom equipment to make world-class connected and autonomous mobility solutions in the future.

Cabinet approves AIIMS at Darbhanga, Bihar

By
Apurva Minchekar
-
0
AIIMS at Darbhanga - Point 2 Note
AIIMS at Darbhanga

The Union Cabinet has given a green signal on establishing the All India Institute of Medical Science (AIIMS) at Darbhanga in Bihar as a part of the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY). The institution is likely to be completed within four years from now.

With the total cost of Rs. 1264 crore, the institute will include a hospital, residential complex, teaching block for medical & nursing courses, and allied facilities/services like AIIMS in Delhi and other six AIIMS taken up under Phase-I of PMSSY. 

The new AIIMS will benefit the common man and provide quality tertiary healthcare, medical education, nursing education, and research in that area. The proposed institution will have a capacity of 750 beds, which will include Emergency/trauma beds, ICU beds, AYUSH beds, private beds, and specialty & super specialty beds.

Additionally, there will be a medical college, AYUSH block, auditorium, night shelter, guest house, hostels, and residential facilities. The Central Government will completely fund the construction, operation, and maintenance of the new AIIMS at Darbhanga. 

To look more into details of common man benefits, the new institution will add 100 UG (MBBS) seats and 60 B.Sc (nursing) seats, 15-20 super specialty departments, PG, and DM/M.Ch super-specialty courses will also be started in due course. It is expected that each new AIIMS will cater around 2000 OPD patients per day and about 1000 IPD patients per month. 

The major benefits of establishing new AIIMS at Darbhanga include super specialty healthcare, which will provide better quality of healthcare and quality medical education in the state. The institution will also provide healthcare at an affordable cost to the poor and the needy. 

The other is employment opportunities to fill in a shortage of healthcare professionals. Setting up new AIIMS will employ nearly 3000 people in various faculty and non-faculty posts. Indirect employment will also take place in services like the canteen, shopping centers, etc. primary and secondary level institutions/facilities will be created under the National Health Mission (NHM) for the doctors and other healthcare workers in the region. 

Healthcare, employment, and education are major aspects of the growth of a country. With the establishment of new AIIMS, there will be a quality healthcare system with proper infrastructure. This institute will create a trained pool of teaching resources/faculty that can impart quality medical education. It will also help in employment from the construction of the institution to running the institution.

Francisco D’Souza, ex Cognizant CEO to raise $1bn fund

By
Varun Aithal
-
0
Funding - Point2Note

Francisco D’Souza, former Cognizant CEO is looking to set up a private equity fund close to $1 billion. The private equity firm is called Recognize, which apparently will be his second innings. 

Though the Recognize details are not officially confirmed, it is learned that the team has multiple big names from the US tech firms. Also, there is a contribution from equity spaces, too, for the funds. A couple of hundred million dollars has already been raised in the hunt of the $1 billion target. The private equity firm will be investing in the tech assets and in the companies, which has technologists from deep domain expertise. 

Former Cognizant CEO, Francisco D’Souza was the torchbearer of Cognizant’s growth when Infosys and Wipro were going strong. He assumed the role of CEO in 2006, and under his ambit, the Cognizant family grew from 39,000 to 2.8 lakh employees. Not only the headcount grew, but also the revenues scorched the market. 

It is not the first time that a CEO is either roped by the firms to look after the funds or start their own private-equity firm. TK Kurien, former Wipro CEO was roped in by Azim Premji Invest, whereas Dick Costolo, former Twitter CEO is a partner in 01 Advisors. Also, the Uber CEO, Travis Kalanick, has an investment fund called ten-one hundred. However, these funds will be dwarfed by the fund-raising of Franciso D’Souza. 

Once the partner in McKinsey and Company, Peeyush Dalmia, stated: CEOs are able to form a better judgment about the team they are investing behind. In most situations, that is the biggest difference between a good and bad investment 

With a lot of experience, former Cognizant CEO, Francisco D’Souza will dictate the market with his intelligence and analytical skills. The funds can help tech firms and startups to grow leap and bounds.

In the present times when private equity has slowed down due to the pandemic, the former Cognizant CEO has started his second innings. Francisco D’Souza is also an investor in the funds, and his investment is valued at $191.4 million. The former CEO of Cognizant expects to raise a fund of $1 billion to realize the operations in services and software.

Indian Railways aim for Net Zero Carbon Emission by 2030

By
Neelam Sawlani
-
1
Net Zero Carbon Emission - Point 2 Note
Net Zero Carbon Emission

Inching closer to their set objective of becoming 100% self-sustainable for all the power needs and becoming a Net Zero Carbon Emission Railway by 2030, Indian Railways is rapidly working on solarizing as many stations as they can. Amongst the 960 solarized stations are Varanasi, New Delhi, Old Delhi, Jaipur, Secunderabad, Kolkata, Guwahati, Hyderabad, and Howrah. To add to this, 198 MW solar rooftop capacity has been ordered for another 550 stations under execution. 

 To close the distance toward achieving their goals, Indian Railways plans to use the 51,000 hectares of vacant land available to install solar plants of at least 20 GW capacity. With the possibility of solar plants increasing in number, the idea of being able to produce solar energy for all their energy needs seems more achievable than ever. The aim is to produce more than 33 billion units per year, which is an increase of 11 billion units from the current annual requirement. 

We plan to use a lot of our surplus land and land along the tracks to generate 20 GW (gigawatt) of renewable energy from ‘Made In India’ solar or wind equipment being used to give us 20 GW production capacity of renewable energy and enough KW (kilowatt) hours to power our entire railway.– Piyush Goyal, Minister of Railways and Commerce & Industry 

Along with the other goals that Indian Railways have set for themselves, they have also set an aim to meet all their traction power requirements and become a completely ‘Green Mode of Transportation’ by working towards and achieving 100% electrification by 2023. Having been classified as the nation’s largest electricity consumer, becoming a Net Zero Carbon Emission Railway would be a great achievement in sustainability for Indian Railways. 

By 2030, we will be a Net Zero Carbon Emitter. Today we are transporting 1.2 billion tonnes of freight. We hope that this will go up to 2 billion tonnes in the next 5 years and will be the world’s first large railway of this dimension. – Piyush Goyal, Minister of Railways and Commerce & Industry 

The use of the vacant lands for ‘Renewable Energy’ goes well with the recent vision of ‘Atmanirbhar Bharat’ directive from PM Modi. Noting the progress Indian Railways has made over time with sustainability and renewable energy, Piyush Goyal believes that India should aim for a leadership role in Global Renewable power initiatives and connect villages as well in this futuristic program. 

Further steps are being taken to achieve the target of Net Zero Carbon Emission. Railway Energy Management Company, a PSU of Indian Railways, has even ‘invited bids’ on some vacant lands along the railway tracks for 3 GW solar projects. These new solar projects will aid in the supply of power to the transporter at a reduced tariff. Additionally, and conveniently so, it will protect the Indian Railways’ land with the help of a boundary wall to be built along the rail track.  

Sustainable methods to generate electricity and run daily functions have taken over the world for several years now. Indian Railways has taken a giant leap in working to generate large amounts of renewable energy. Having already solarized 960 stations and working on a further 550, they are proving to be unstoppable in their efforts to achieve the missions and goals they have set to become a Net Zero Carbon Emission Railway. 

Indian Insurtech startup Acko raises $60 million

By
Neelam Sawlani
-
0
Insurtech startup - Point2Note
Insurtech startup

Founded by Varun Dua, Acko is an Insurtech startup that develops bite-sized auto insurance policies. Its product offering includes car, bike, health insurance to customers with zero paperwork. Previously valued at $300 million in 2019, the recent Series D funding led by Munich Re Ventures has brought Acko’s current valuation to $500 million and their total funding to over $200 million.  

Founded in 2016, Acko has catered to over 60 million customers and sold over 650 million policies. To broaden their product offering, they expanded their catalog to provide healthcare protection around 6 months back to include policies for health, mobile repair, tv, and appliances, bite-size insurance, and even small-ticket insurance cover in addition to the existing car, taxi and bike insurances. Over 150,000 employees have benefitted from their healthcare plan since then. Their aim to provide accessible and ‘affordable’ policies have brought them a large and loyal customer base.  

As Munich Re Ventures’ first investment in India, we look forward to the positive impact that digitally native insurance solutions will have on the country with Acko leading the way. – Oshri Kaplan, Director, Munich Re Ventures  

Being India’s first digital-native insurance company, Insurtech startup Acko stands apart because of its unique approach. They have taken a step out of the box by not relying on a middleman and selling directly to the customer or through partners like Amazon. This approach has greatly influenced their business by allowing them ample space to innovate and tailor policies to their customers’ needs.

They have even used underwriting tech to analyze large amounts of data to pinpoint customer eligibility for specific policies. However, the one aspect that stands out prominently, especially to customers, is the quick process. Customers have easy access to affordable policies with quick digital sign-ups, and no paperwork and excess formalities.  

Munich Re Ventures has been a strategic partner to Acko since inception, and we are really excited to bring them on board as our investor. As one of the largest reinsurance companies globally, their investment shows confidence in our data and technology-driven business model. This confidence is further reinforced by the continued support of our existing investors, Amazon, Intact, and RPS Ventures. – said Varun Dua, Founder, and CEO, Acko 

With this round of funding, Insurtech startup Acko has received a significant boost to expand its business and strengthen its base. The utilization of the fresh funds has been intelligently planned to scale their technology and data teams by at least 30 to 40% and push branding for their products to reach more clients, particularly in small towns.  

The balance funds will be directed towards financing their insurance policies. This funding aids their vision to make insurance as ‘effortless’ as possible. They ‘aim to fundamentally change how a new generation of customers interact with and experience insurance’. 

With edtech receiving the most funding in the current market, Insurtech startup Acko’s funding gain is an additional positive win. Innovation in the present times is key to moving forward, and Acko has efficiently picked up on that and used it to boost their business. Digitalization is taking over the world, and Varun Dua has applied it to the unexpected market of insurance and has successfully proven the ease of the process. Acko has established its presence for the long haul.

Advancing green Initiatives during Climate Week NYC 2020

By
Charishma Thankappan
-
0
Climate week - Point 2 Note
Climate week

Climate Week NYC, the biggest climate Summit held annually, endeavors to bring together businesses and government leaders to present their agendas towards climate action. At this year’s Climate Week NYC 2020, taking place from September 21 – 27, here’s a look at the Fast-Moving Consumer Goods (FMCG) sector’s green initiatives. 

The multinational food and beverage company Nestlé announced its desire to accomplish zero net greenhouse gas emissions (GHG) by 2050 at Climate Week NYC. They plan to transform their portfolio by introducing environment-friendly products using 100% renewable electricity and extending nature-based resolutions to cut out carbon within their supply chain.  

The company recently announced its latest reforestation drive – Project RELeaf – through which three million indigenous trees will be planted in Malaysia over the next three years, with an investment of approximately $4.4 million. The establishment will also join with local communities to enhance awareness of environmental protection and help boost livelihoods. The business expects to eliminate deforestation from its supply chain by over 90% by the end of 2020. 

Global retail giant Walmart aims at zero emissions by 2040 and has the goal of protecting, managing, or restoring at least 50 million acres of land and one million square miles of ocean by 2030 as part of their green initiatives.  

We want to play an important role in transforming the world’s supply chains to be regenerative. We face a growing crisis of climate change and nature loss, and we all need to take action with urgency, said Doug McMillon, President and CEO, Walmart.


Walmart’s long-standing commitment to climate action will involve steps like harvesting solar, wind and other renewable energy sources with 100% renewable energy by 2035. They intend to electrify and remove emissions from all its vehicles, including long-haul trucks, by 2040. The association will also make a move to transitioning to low-impact refrigerants for cooling and electrified equipment for heating in its stores and distribution centers by 2040. 

In its recent attempt to advance climate action during Climate Week 2020, the world’s second-largest processor and marketer of chicken, beef, and pork – Tyson Foods – claims itself to be the first US protein company to set science-based greenhouse gas reduction targets and aspires to reduce emissions 30% by 2030. They also plan to provide farmers with tools to educate them on how to better their economic and environmental returns. 

The enterprise has stepped up to shoulder more than 400,000 acres to engage with farmers to increase yields, keep soil healthy, improve water quality/ conservation, and protect wildlife habitats. The firm, which recently became the first major US food syndicate to authenticate sustainable beef production, is also working with cattle producers to certify sustainable beef production practices on more than 5 million acres of cattle grazing land. 

E-commerce giant Amazon is starting a ‘Climate Pledge Friendly’ program, a new scheme to help customers find and buy more sustainable products as part of their green initiatives. 

Climate Pledge Friendly is a simple way for customers to discover more sustainable products that help preserve the natural world. With 18 external certification programs and our own Compact by Design certification, we’re incentivizing selling partners to create sustainable products that help protect the planet for future generations, said Jeff Bezos, founder, and CEO, Amazon 

The company will enlist more than 25,000 products with the badge of Climate Pledge Friendly to indicate that the products have one or more of 19 different sustainability certifications. The products will range across beauty, fashion, grocery, household, and personal electronic products.  

These corporates are striving to meet the targets of their green initiatives enlisted during Climate Week, which will result in better industry practices, viable livelihoods, and informed purchasing habits from the consumers’ end. Thanks to these businesses’ visions and missions, here’s hoping for a greener planet with improved climate for a protracted human race.

Udacity and UiPath launches RPA Nanodegree Program

By
Shahzer Rahman
-
0
RPA Nanodegree Program - Point 2 Note
RPA Nanodegree Program

The Robotic Automation Process allows configuring computer software or “robots” to emulate and integrate humans’ actions in a digital environment. Udacity, the global online learning platform joined hands with UiPath, leading enterprise robotic process automation software company, to launch its RPA Nanodegree program, which is developed with the objective to provide learners with the knowledge of RPA and how to make it to their best use with available resources.

The RPA program launch is a part of the Udacity & UiPath RPA Insiders Virtual conference that took place recently in the presence of developers and engineers.

The RPA is the next big opportunity that companies want to seize, and there’s a need for RPA developers who possess the skills to drive that opportunity forward. – said Gabe Dalporto, CEO, Udacity

RPA robots work on the user interface to capture information and manipulate applications just like humans do. From organizing a file to deleting trash, it reduces redundancy in work, helping humans’ channel themselves to more focused work. 

In contrast to other solutions, the RPA allows companies to automate work at a fraction of cost, often without the necessity of replacing underlying systems. It is highly scalable and can adapt to the changing business environment. 

According to research, the global RPA market is expected to reach almost $26 billion by 2027, creating businesses’ opportunities to maximize potential and minimize loss. Learners of the RPA Nanodegree program will develop the knowledge and professional skills needed to deploy business process automation.

We built UiPath on the promise to democratize RPA and train a global community of practitioners. Partnering with Udacity to develop the RPA Developer Nanodegree program furthers our commitment to empowering people with the in-demand automation skills to succeed in newly emerging careers and remain competitive in their current roles. – said Alok Shrivastava, UiPath VP of Learning alliances

Robotic Process automation is directly linked with profitability while improving accuracy across businesses and organizations. Software robots also easily integrate with the existing systems. RPA robots’ ability to scale and constantly report progress, without having to sleep, improves business strategy and efficacy to an all-new high. The launch of the RPA Nanodegree program will help in hands-on experience with projects customized for real scenarios. The developer programs install benefits of RPA, its design methodology, and the required pedagogy effectively, helping people realize its importance in the upcoming decades.

Toucan raises $3M for a chrome extension

By
Neelam Sawlani
-
0
Toucan - Point2Note
Toucan | Image credit - Techcrunch

There is no need to visit a dedicated website to learn a new language now as Toucan develops chrome extension and introduces an amazingly convenient way to browse and learn simultaneously. Like any other chrome extension, it just needs to be installed on a user machine. While browsing any English website, the extension will automatically scan and translate selected words for a user, helping them learn a new language.  

Toucan founders wanted to provide a service that would be useful, productive and will not require any of the users to switch tabs or go to a separate dedicated website for learning a new language. They achieved this vision with an acquired seed funding of $3 million led by GSV Ventures. Other contributors included Amplifyher Ventures, Wonder Ventures, Golden Ventures, Halogen Ventures, Vitalize Ventures, and strategic angel investors. 

We created Toucan to help people make more use of their time, without missing out on the fun and satisfaction of learning a new language. – Taylor Nieman (Co-Founder & CEO), Shaun Merritt (Co-Founder & CTO), and Brandon Dietz (Co-Founder & CPO), Toucan. 

Taylor Nieman very aptly used her previous business development work experience to understand and create something that could influence ‘habit formation.’ Having understood the challenge involved when capturing and maintaining exclusive attention and time, the three founders worked with the idea of users continuing their regular web activity and still using their service feature to its fullest. Hence, Toucan develops chrome extension to solidify and expand their vocabulary at the same time.

At Toucan, we know that creating a new habit is one of the most difficult things to do. Our Founding team has a deep understanding and appreciation for human habits, behavior, and the science of learning. Our free Chrome extension helps you learn without having to put aside time to create a new habit. – Taylor Nieman, Shaun Merritt and Brandon Dietz, Co-founders, Toucan 

This feature works best for people who are in the process of learning a language. By translating words in between sentences, not only does it add to vocabulary, but it also helps to view, understand, and possibly use the newly learned word in an appropriate context. To aid the accuracy of the translations, the Toucan team has called upon and is working with translators, college professors and students, and natural language processing.  

As of now, Toucan supports Spanish, French, Italian, German, and Portuguese as languages. They are already working on adding a few more languages like Russian, Korean, and Japanese within the next month. Additionally, having released an extension only supported on Google Chrome, the team is also working on launching extensions to support other web browsers like Firefox and Safari. 

In addition to having launched such a creatively friendly service, Toucan has ramped up its promotions game. One of the most magnetic promotional gimmicks they have come up with is giving their users a chance to ‘own a word,’ wherein the user’s name appears every time Toucan translates a word for a week. Even though the ‘own a word’ feature may become a paid feature at a later stage, the team plan to keep a majority of the service free to promote ‘accessible education’ for all. Along with this, they are even considering including more than just languages as part of the extension. Topics like history or science or math or general knowledge are being considered.  

At any point of time, innovation is a key, and especially so in times of crisis. Toucan develops chrome extension after carefully analyzing people’s desire to learn a new language. So, they put together something that caters to learning and eliminates the need for any extra effort. In just a short while of its launch, users have expressed their satisfaction and the ease of use.

Artificial Intelligence remains a top priority for companies, says Microsoft

By
Cicy Mary Mathew
-
0
Artificial Intelligence - Point2Note
Artificial Intelligence

According to International Data Corporation (IDC), COVID-19, followed by lockdowns and social distancing norms, have forced companies to invest more in cloud computing and artificial intelligence. The survey that assessed the impact of COVID-19 across 181 European companies reported 16% of participants are willing to invest in AI to combat the effects of the pandemic. 

Microsoft has always advocated the power of AI Intelligence to transform the way business works. Satya Nadella, CEO, Microsoft, has always stressed the importance for companies to pursue democratizing AI. With business taking a remote working culture, he observed the world embracing a two-year digital transformation worth in just two months. 

 In his words, this is important because:

AI is going to be one of the trends that are going to be the next big shift in technology. It is not enough to sort of have AI capability that we can exercise – you also need the ability to democratize it so that every business can truly benefit from it.

The idea of inbuilt human-like thinking in machines dates back to 1956 when AI was just a mere concept. The massive data availability and powerful computing technologies have now made AI a reality. Now, companies are foreseeing the power of AI to enable their business, especially in the post-pandemic time.

Therefore, the businesses are about to embrace the dawn of the age of intelligence in the coming years. In PwC’s Global Artificial Intelligence Study report, the potential contribution of AI to the global economy would be around $15.7 Trillion by 2030.

Given this digital shift, there are apprehensions of machines taking over human jobs. However, this may not be the case, as the need for skilled AI professionals will increase. Rohini Srivastava, NTO, Microsoft points out that more companies will now be inclusive of these technologies in their economic growth in the post-pandemic period. 

Microsoft recently joined hands with NASSCOM FutureSkills to train students ready for the new digital era. About the need for such a collaboration that is an extension of the skill development initiative by Microsoft, Rohini Srivastava said: 

Technologies like AI are becoming enablers for every business today, making the need for creating an AI-ready ecosystem vital for India’s economic and social value creation.

The partnership aims to imbibe AI and cloud computing technologies into new and young talents. It comes across as a great initiative to fill the AI skills gaps and open gates for more job opportunities. 

As the world copes with economic shock, Artificial Intelligence seems to be the ray of hope. Therefore, more businesses are focusing on digital innovation and investing their resources in making the best of it. It comes across as a positive change in terms of generating new employment opportunities and efficient business models.

‘Apna’ app by Apple Alum for migrant workers secures $8 million investment

By
Anju Nambiar
-
0
'Apna' app by Apple Alum - Point 2 Note
'Apna' app by Apple Alum

The unprecedented outbreak of the coronavirus followed by the enforcement of a nationwide-lockdown brought to the fore the life led by a large segment of India’s most vulnerable population – migrant workers. In a nutshell, migrant workers are mostly laborers who travel from India’s remote villages to metropolitan cities or small towns to earn a livelihood based on daily wages. ‘Apna’ app by Apple Alum came to their rescue during this situation where they can learn new skills and connect with one another and eventually find jobs to earn a living.

The only way to lift migrants from the lowest rungs of suffering caused by the pandemic is to provide a means by which they can upskill themselves. By empowering them to go from low-skilled work to skilled labor is the answer to the migrant crisis. Technology is the enabler, and Nirmit Parikh, an Apple Inc alumni, rightly recognized and also raised $8 million from Lightspeed India and Sequoia Capital India.

They are daily-wage workers and they rely on their friends to find jobs. This makes the prospects of them finding a job very difficult. If only they had access to upskilling courses and just knew how beneficial it could be to them, they could stand to broaden their scope of work and significantly increase their earnings. – said Nirmit Parikh, Founder of Apna

Nirmit Parikh created the ‘Apna App’ through his start-up. The ‘Apna’ app by Apple Alum works like LinkedIn, where workers who are considered ‘bottom of the pyramid’ and ‘financially weak’ can directly connect with employers looking for skilled labor. What’s more, the ‘ease-of-use’ of the app is adapted to suit first-time internet users. 

The app comes at a crucial time when millions of Indians are affected. With an overburdened healthcare system unable to cope with migrant workers flocking back to their home states, there is a need for job opportunities to become instantly available. 

The most powerful thing for me about Apna is its communities — I’ve seen people help each other start a business, learn a new language or find a gig! Communities harbinger trust and make the model infinitely scalable – said Vaibhav Agrawal, a partner at Lightspeed India

The ‘Apna’ App by Apple Alum has been highly successful since its inception. Since its launch in December 2019, the ‘Apna’ App by Apple Alum has amassed over 1.2 million users who can use the platform to connect with potential employers and job interviews by generating their very own ‘virtual business cards’. This business card displays the job aspirant’s vital information, including name, age, and skills, which employers can view at a glance and schedule interviews rapidly. 

In just a month, 1 million job interviews were conducted through Apna. Big companies, including Amazon, Big Basket, and HDFC Bank, have successfully hired candidates. The other facet of the app currently under development is that low-skilled job seekers will be able to learn new skills, earn new credentials, and even launch their businesses. Plans are underway to eventually establish a community of less privileged job seekers through the platform. 

1...789...17Page 8 of 17

EDITOR PICKS

POPULAR CATEGORY

A platform dedicated to various industries to showcase their successful initiatives through impeccable positive news stories.

© 2020 Point 2 Note. All rights reserved.

error: Content is protected !!