Sunday, March 29, 2026
Home Blog Page 9

States’ startup ranking list revealed, Gujarat is the best performer

By
Varun Aithal
-
0
Startup - Point 2 Note
Startup

Karnataka and Kerala have topped the charts in the new States’ startup ranking List. At the same time, Gujarat retained its best performer position announced by the Department for Promotion of Industry and Internal Trade (DPIIT). The startup ranking list was introduced to encourage a conducive entrepreneurial environment and build capacity at the state level to support innovation. 22 states and 3 Union Territories participated in the exercise. 

The DPIIT has close to 36,000 registered startups under their ambit. In their report, they also suggested that these startups have employed 4 lakhs jobs across the country. 

Talking about the list, Piyush Goyal, Union Ministry for Commerce and Industry, said about the entrepreneurs: Young entrepreneurs in the country have made India truly proud across the world.

In States’ startup ranking list, Gujarat is considered as the best performer amongst the states because of their proactive approach to mechanism to identify the issues and solve it. Also, Gujarat has set up one of the largest incubators in the country called iCreate. Moreover, student startup-friendly policy and its innovation policy increase the capacity of the premier and higher educational institutes. 

The reason behind Karnataka’s excellent performance in the States’ startup ranking list is due to its welcoming approach to the investments from foreign investors. Also, Karnataka’s futuristic policies of supporting the startups and adapting new technologies have yielded good results. Apart from all these accolades, Karnataka is recognized as the institutional leader, procurement leader, and incubation hub. 

Karnataka’s southern counterpart, Kerala, stands different because of its women-centric approach. The government’s support to the women to start their venture in Kerala is unparalleled across the country. Kerala has a robust venture funding mechanism for startups, along with support from various government departments. 

India is currently the third-largest startup hub across the globe. In the times of pandemic, startups are picking the trend and are hiring more than well-established brands. The contribution of startups in the growth of a nation is unmatchable. As per the latest Indian Tech Startup Ecosystem report of NASSCOM-Zinnov, India is likely to create over 1.1 million direct jobs.

SRK turns Knight Riders into a global sports brand

By
Apurva Minchekar
-
0
Knight Riders - Point2Note
Knight Riders

Indian Premier League (IPL) 2020 has just started and news is making rounds that Shahrukh Khan, the owner of Kolkata Knight Riders (KKR) is turning his sports brand into a global franchise. Shahrukh Khan stepped in IPL by purchasing the IPL team Kolkata Knight Riders for $75.09 million in partnership with actress Juhi Chawla and her husband, Jay Mehta. 

According to the reports released by Brand Finance, a brand valuation company – KKR is worth $ 66.5 million and holds second position among the eight teams after Chennai Super Kings ($ 75 million). 

Apart from buying Kolkata Knight Riders in the Indian Premier League, the actor has also purchased overseas teams in the cricket league of West Indies called Trinbago Knight Riders and in South Africa called Cape Town Knight Riders. KKR have won the Indian Premier League twice while TKR have done even better by winning four times out of six seasons of the Caribbean Premier League. As of now, KR is the only global brand in T-20 franchise cricket. 

We have pursued a conscious strategy of making The Knight Riders brand a global one. With our presence through KKR in IPL, through TKR in CPL and even when we established Cape Town Knight Riders in the SA League, the endeavor has been to globalize the Knight Rider brand, build a global fan base and partner with global brands. – said Venky Mysore, CEO of KR

It was first reported in 2019 that KKR has been profitable and acquisition of TKR and potentially CTKR will materialize. There was also discussion for having a new team in the proposed T-20 league of Emirates. This way, KKR could end up with four-five franchises with the mother brand which is all coming to reality now. The rebranding of team names on the mother brand would help to keep a single identity and common marketing campaigns for better engagement with fans.

Venky Mysore also added that the company keeps getting offers for taking up the team in upcoming leagues across sports such as wrestling, badminton, and others. However, the brand is interested in proposals that are fit strategically and financially. 

The globalization of the sports brand will not only increase its popularity but will also help in revenue generation through sponsorship and merchandise.

Shahrukh Khan is a famous bollywood actor and has a huge fan base not only in India but around the globe. With his investments in the KKR franchise, it would not be wrong to say that the actor is not a Bollywood star but is also an excellent businessman who knows how to invest money wisely. With the recent win of Trinbago Knight Riders in the CPL 2020, the actor hopes to repeat the success with KKR in IPL.

YuppTV acquires rights of Dream 11 IPL 2020

By
Anju Nambiar
-
0
OTT - Point2Note
OTT

The Dream11 IPL 2020 has global viewership, a global fan base, and spectacular promotions lined up. As such, whichever broadcasting network or streaming platform will show the matches, stands to gain massive consistent viewership worldwide. The IPL 2020 interests everyone; cricket fans, television networks, and over-the-top (OTT) content streaming platforms. YuppTV emerged as the clear winner in OTT and is currently live streaming matches on its platform. The Dream11 IPL 2020 on YuppTV will be available on-demand throughout all 60 matches.

YuppTV is the #1 internet pay-TV platform, which primarily hosts on-demand South-Asian content across 14 languages. YuppTV, which has headquarters in Hyderabad, India, and Atlanta, US, offers access to 250+ TV channels, 3000+ movies, and 100+ TV shows. YuppTV aims to bring premium South-Asian content to both non-resident and residing Indians and is one of the largest and top-ranking platforms in its league. 

This is the second season in a row that YuppTV has bagged the Indian Premier League’s digital streaming rights. This year will prove to be especially spectacular for YuppTV since cricket fans, and match enthusiasts worldwide will turn to on-demand streaming online. YuppTV had to fight against many other OTT content platforms to win the high paying digital viewing rights. The in-stadium audience goes virtual this year as matches are played within the bio bubble at UAE. 

Over the past few years, IPL has become the most loved cricketing tournament in the country. Amidst the lockdown, it will lead to a new sensation, optimism, and craze in the viewers. – said Uday Reddy, Founder & CEO of YuppTV

All 60 matches of the Dream11 IPL 2020 on YuppTV will be brought to more than ten territories targeting viewers from international markets sweeping across Australia, continental Europe, Malaysia, and Southeast Asia. 

Uday Reddy spoke about YuppTV’s efforts to bring the IPL to viewers’ homes.

The live experience of the IPL, dedicated technology viewing experience and instant virtual experience will enhance this year’s tournament for fans, albeit from the safety of their homes instead of crowded stadiums. The rights will also help YuppTV witness skyrocketing viewership.

The matches commenced on the 19th of September, and the Dream11 IPL 2020 on YuppTV has since been airing them on its platform. This is the 13th edition of the Indian Premier League, which is underway in the United Arab Emirates. YuppTV is showing all 60 matches alongside the official broadcaster of the Dream 11 Indian Premier League; Star Sports India and the Star India Network. 

YuppTV is the only OTT platform apart from Star Network’s very own official digital streaming partner Disney+ Hotstar, streaming the matches online. Global television broadcasters, including Sky Sports, Willow TV, and Fox Sports, among others, are doing the work of telecasting the matches abroad. A deal was signed between Star Network India, where it was decided that the viewership markets which YuppTV will be targeting are the areas where Disney+ Hotstar is unavailable. Thus, both YuppTV and Disney+ Hotstar will work to achieve maximum outreach of the live matches. 

The Dream11 IPL 2020 on YuppTV is being live streamed online, and viewers worldwide can subscribe and tune in to YuppTV to enjoy a virtual IPL experience from the comforts of their home throughout all 60 matches.

Nutanix going strong with cloud computing demand in the country

By
Varun Aithal
-
0
Cloud Computing - Point2Note
Cloud Computing

Despite COVID-19, Nutanix, one of the A-list cloud computing companies, produced the best results. Their India business grows 42% in FY20. The latest news reports of partnership with Microsoft Azure to deliver a hybrid and multi-cloud environment and Bain Capital investment works in its favor to fulfill the demand of the customers.

We know customers are looking for solutions to truly — and simply — advance their cloud journey. This partnership helps us deliver a single software stack across public and private clouds, resulting in increased agility, streamlined operations, and significant cost savings. – said Tarkan Maner, Chief Commercial Officer, Nutanix

In this partnership, both companies will focus on extending Nutanix’s hybrid cloud infrastructure to Azure. Nutanix will work on developing its ready nodes, which will be supported by Azure for its clusters and services. Another aspect of the collaboration is to offer seamless sales and support experience.

On the other hand, the investment from Bain Capital Private Equity rose the company’s share price by 30%. Bain Capital will be investing $750 million in senior convertible notes, which are being bought at $27.75. 

Dheeraj Pandey, Co-founder and CEO, Nutanix said the investment validates the market opportunity in front of us and positions us well with enhanced financial flexibility and resources to further scale, gain share, and remain at the forefront of innovation in our industry.

Nutanix focuses on providing a software making it easier for companies to manage their business in a cloud environment and private data centers. The company will invest the amount in growth initiatives and shift towards Annual Contract Value from Total Contract Value, which has annual contracts instead of the TCV’s 3.8-year contract periods. Also, it can be understood that investors can have a sigh of relief because of both investments from the private equity firm and quarterly results. The influx of cash is expected to address the liquidity concerns of Nutanix thus, helping it emerge as a leading cloud computing player.

Nutanix’s capability of providing a hybrid cloud platform to pair other cloud platforms makes it easier for companies to work in a flexible environment. The cloud computing giant looks forward to the investment from Bain Capital to help them sustain their position as a market leader and building a profound culture of customer experience.

India successful in testing Made in India hypersonic missile

By
Apurva Minchekar
-
0
missile - Point 2 Note
missile

India successfully test-fired Hypersonic Technology Demonstrator Vehicle (HSTDV) from the Dr. Abdul Kalam Island off the Odisha coast last week. With this mission, India becomes the 4th nation to successfully test a hypersonic missile after China, Russia, and the US.

It’s a major technological breakthrough. The air-breathing scramjet engine was successfully flight-tested at hypersonic speed within the atmosphere, meeting all technical parameters. The test paves the way for the development of more critical technologies, materials, and hypersonic vehicles. – said Dr. G Satheesh Reddy, The Defense Research and Defense Organization (DRDO) Chairman

The HSTDV can move at six times the sound speed and uses the indigenously developed scramjet propulsion system. The missile can fly at a speed of Mach 6 and can move up to an altitude of 32.5 km in 20 seconds. It is not easy to track the hypersonic missile because the missiles are a combination of speed of ballistic missiles, which are highly maneuverable, and do not follow a specific arc as they travel. In addition to this, the HSTDV is a dual technology that can be used for civilian applications, including the satellite’s launch at a low cost.

The Indian armed forces have already acquired the ramjet-powered BrahMos supersonic cruise missile, jointly developed with Russia. However, it is said that the scramjet engine is an improvement over ramjet-powered because the former operates efficiently at hypersonic speed and allows supersonic combustion.

PM Narendra Modi congratulated DRDO and tweeted,

Last year in June, DRDO attempted to launch the missile, but they couldn’t succeed because the test did not meet all the parameters, mainly due to weight issues. However, this time, the launch and cruise vehicles’ parameters were continuously monitored by multiple tracking radars, electro-optical systems, and telemetry stations. The next target is to develop a long-range hypersonic cruise missile, which will take close to six years.

Recently, India’s Ministry of Defense reserved 26 items that will only be procured from the local suppliers. After the launch of Make in India in 2014 and following the “Aatmanirbhar Bharat” approach, the hypersonic missile made in India is one of the huge achievements.

The first flatted factory complex in Agra

By
Point 2 Note Team
-
0
flatted factory - Point2Note
flatted factory

The concept of a flatted factory consists of commercial structures with more than one floor. The designs usually are partitioned right into independently occupied units utilized for production, setting up, and connected storage space.

The complex will be located at a range of 10 kilometers from the Agra-Lucknow Expressway, hence offering a simple connection to industries beyond Agra and UP. Spread over 5 acres, the Rs 125 crore task will consist of 68 commercial units spread throughout four suggested facilities.

The flatted factory facility’s roadmap is prepared at Foundry Nagar, Agra, to permit establishing a large number of industries in a limited space. The UP State Industrial Development Authority presented a revised financial investment policy to enable flatted manufacturing facilities, multi-storey structures in which non-polluting sectors can run. The complex will provide different lifts for passengers as well as products. Other facilities consist of a ramp for light automobiles, meeting hall, conference room, food court, vehicle parking, a telecommunication center as well as an optical fiber network.

Since the complex will be situated within the city, the goods would be easily supplied to the markets, while providing job opportunities to a large number of people,” adding the project had been prepared after taking feedback from local industrialists and entrepreneurs. – said UP Additional Chief Secretary Navneet Sehgal

The new investment policy is focused on allowing flatted factory facilities to run, multi-storey structures in which non-polluting industries can run. Based on the policy, a minimum land demand of 5 acres has been established to advance such a manufacturing facility that cannot be created in a residential area or mixed land use area. The model can be just embraced for non-polluting production units allowed by the Industrial Development Authority.

The policy is anticipated to not just enhance existing and new commercial tasks, but also position UP strategically for potential worldwide capitalists preparing to change their production bases out of China following the breakout of pandemic and ongoing US-China trade war.

Following the lockdown, close to 3.8 million migrant laborers and workers have returned to UP from various other states, specifically Eastern and central UP areas. The new policy of creating flatted factory complexes is targeted at increasing industrialization in these areas, to ensure that the mass of the migrant labor force can be provided with employment opportunities locally.

PVR launches a crowdsourced #OuchTheCouch campaign

By
Point 2 Note Team
-
0
#OuchTheCouch campaign - Point 2 Note
#OuchTheCouch campaign

PVR Cinemas, India’s biggest and most exceptional movie exhibitor with a profile of 845 screens in 176 properties running in 71 cities, launched the #OuchTheCouch campaign inviting movie enthusiasts to share videos or pictures, sharing just how much they miss out on seeing films in a theatre. The campaign is designed due to the shut-down of movie theaters as a result of the COVID-19 pandemic. The participants’ entries will be assessed, and the best entries will be compiled right into a movie that would run in PVR cinema when the movie theaters resume and would also feature on its social media pages.

It has been over five months that we suspended our operations due to the outbreak of the virus in our country. Nothing could be more rewarding than to hear the stories of our customers, witness their love, and have them join hands with us in our journey to come back together. We are eagerly looking forward to receiving their entries and are hopeful of them appreciating the idea.– said Mr. Gautam Dutta, CEO, PVR Cinemas

PVR looks forward to getting in touch with its audience through #OuchTheCouch campaign by offering them a platform to share just how much they miss out on the ‘magic of cinema’ and involve them for its crowdsourced movie.

The audience was forced to move to the OTT platform during the lockdown, and it became their favorite pastime. However, the experience of watching movies in a theatre with a big screen and better sound cannot be compared with watching movies sitting at home. The #OuchTheCouch campaign is designed to capture similar feelings in cinema lovers.

Customers need to click a picture or document a video clip of their “Bored of the Couch moment” and post it on their social networks (Facebook, Twitter, or Instagram) with the hashtag #PVR #OuchTheCouch.

Big brands are beginning to understand the power of the crowd and also exactly how it can be utilized to their benefit. Global brands like Pepsi, Heinz, General Motors, Starbucks, and Harley Davidson, are using crowdsourcing as a component of their advertising mix.

Increasingly, we are all living in an era where people want their voice to be heard, and brands are creating campaigns around this reality, said Vidur Vyas, marketing director – foods, PepsiCo India.

Some claim the abundant ground for the growth of crowdsourcing has been against a backdrop of imaginative sleepiness and shortage of suggestions amongst innovative firms. Others feel it is an after-effect of a challenging world with increasing expenses, decreasing earnings and greater stress on advertising, requiring marketing experts to consider even more affordable means of sharing the message. The increasing awareness and growth of digital platforms have made this more feasible.

Like every industry, the entertainment business is gradually looking forward to getting back in the game. The #OuchTheCouch campaign by PVR Cinemas to engage the audience is an exciting move of using crowdsourcing to their advantage.

Recruiter.com and Beeline partnership to launch a diversity supplier solution

By
Jasmine Khan
-
0
Recruiter.com and Beeline partnership - Point 2 Note
Recruiter.com and Beeline partnership

Recruiter.com is one of the world’s leading hiring platforms for the largest network of recruiters. With over 26,000 recruiters active on the platform, the company connects the hiring community across the globe. Beeline is the market leader in providing the contingent workforce solution with its vendor management system. Recruiter.com and Beeline partnership was recently announced that would bring to market a unique, diversity-focused network of recruiters to Beeline customers.

The one-to-many dynamic of Recruiter.com means our customers simply add one more supplier but get the benefit of thousands. This particular endeavor focuses on diversity and providing access to under-represented firms and talent. We have a duty to keep leading our industry, and we are very proud of this partnership. – said Doug Leeby, CEO, Beeline

Beeline uses the vendor management system that offers its customers the software as a service, which helps them automate their non-employee workforce and provide the users a streamline of contingency workforce, such as temporary staffing, independent contract workers, and contracted services. With users across 70 countries, several multinational companies use the solution services of Beeline that primarily help the businesses with their extended workforce requirements. On the other hand, Recruiter.com helps the companies connect the recruiters and the potential employees with a platform to connect using Artificial job-matching technology. 

The Recruiter.com and Beeline partnership will help in streamlining the workforce requirement further. Recruiter.com will be able to take advantage of the Beeline’s vendor management system solutions to have a flexible approach towards having a mix of employee and non-employee talent in the organization and support the diversity initiatives by bringing forward the underrepresented organizations and talents ahead. 

Beeline has demonstrated their long-term commitment to delivering workforce innovations for hundreds of Fortune 2000 clients. Recruiter.com is proud to partner with Beeline and help drive further innovations in diversity talent solutions.”– said Evan Sohn, CEO, Recruiter.com

This means that through the Recruiter.com and Beeline partnership, the collaboration of both the platforms will result in an increased presence of a diversified workforce across industries, without any discrimination based on race, religion, gender, or political views.

Their synergies will contribute to enhancing the business opportunities for various small and big businesses by helping them create a talent pool of diversified workforce. This will also provide new opportunities for minority recruiting personnel. This can be done by using Beeline’s software solutions that can help the recruiting and hiring personnel reduce their cost and risks, whereas Recruiter.com will connect those recruiting and hiring professionals with access to the diversity-focused workforce solutions offered by Beeline. 


The Recruiter.com and Beeline partnership will result in providing a pool of talents focused on diversity to meet the requirement of human resource professionals, with the help of AI technology and vendor management system software. This will provide massive job opportunities for people hailing from minorities who are often discriminated against based on their gender, race, religion, ethnicity, and political views.

Online education to become easier according to new UGC guidelines

By
Varun Aithal
-
0
Online education - Point2Note
Online education

COVID-19 pandemic has disrupted our life in a big way. Every industry and business face the brunt of it. Many even shut down owing to the losses. On top of it, the education industry came to a standstill with no proper platforms available to teach the students in schools or colleges. However, as they say, every adversity has an opportunity, online education came to the rescue. Teachers and students quickly adapted the online classes schedule. UGC has modified its guidelines and now grants permission to 100 universities to start online programs and distance learning without prior permission. 

With an accreditation rating of 3.26, UGC has been working on revising the guidelines to begin online degree courses for quite some time. The decision had to be made after the Human Resource Development Ministry (HRD) vets the guidelines and gives required approval to go ahead with online degree courses that could be paved. The new regulation can be summed up as an integrated model that embeds distance education with online mode.

 The integrated regulations are student-centric. Many quality provisions have been made to ensure mobility, equivalence among different modes of education, complaint handling mechanism. – said Union education minister Ramesh Pokhriyal Nishank

He further added that this integrated approach would comply with the budget and AatmaNirbhar Bharat announcements. These regulations for online education will ensure the quality of education and provide quality-centric autonomy to the universities. They are also looking to set up the concept of virtual university recommended in the National Education Policy (NEP).

According to the new guidelines, the top 100 universities, according to the National Institutional Ranking Framework or the universities with a minimum grade of 3.26 as given by NAAC, are allowed to start their online programs without consent from UGC. However, they have to comply with the regulations which are provided in the guidelines. The students have been advised to be cautious while taking admission through this online education mode. Some courses are not approved, including medicine, law, engineering, agriculture, hotel management, MPhil, or Ph.D. programs in any discipline.  

The new regulations can be considered as one of the projects delivered by the government, which was promised in the PM e-Vidya Programme, released in May. The PM e-Vidya program provides multi-mode access to digital education.

Though pandemic has taken a toll on every sector and even on the learning too. However, the learning should never stop, and it is a welcome move by UGC. Moreover, the strict and newer guideline in place can help sort out the colleges propping up everywhere.

Businesses that mix AI with skilling initiatives win – Microsoft

By
Shahzer Rahman
-
0
AI with skilling initiatives - Point2Note
AI with skilling initiatives

Microsoft India revealed new research that says organizations working to combine AI with skilling initiatives tend to generate more value from the technology. The online survey was conducted with around 12000 employees from enterprise companies worldwide. 

Findings of the research underline the fact that mature AI firms (firms that have been exposed to AI for a while now and have been doing business using it) are confident about the return combining AI with skilling initiatives. Over 93 percent of leaders and senior executives surveyed were sure that their business was gaining value from AI. As per Microsoft, the research’s main aim was to look at the skills needed to thrive as AI becomes increasingly adopted by the business. 

As we look to rebound and reimagine the future after months of economic fluidity, technology will play a key role in rebooting enterprises. AI is at the heart of digital transformation and will continue to play a critical role in helping businesses be more agile, resilient and competitive during this time. However, the path of unlocking the full potential of AI lies in combining its deployment with skilling initiatives that focus on both tech and soft skills.– said Dr Rohini Srivathsa, National Technology Officer, Microsoft India

An integral process in analyzing the survey was to divide it into categories based on the level of AI adoption in the said company. The companies’ AI maturity has been broadly divided into three different segments, namely, Beginners, Intermediates, and Leading. The survey results also show that almost all the senior executives and employees found a direct link between having the skills required in an AI environment and the value organization gains from its implementation. 

The research further reveals that AI leading companies are actively combining AI with skilling initiatives to develop their people’s skills further. Over 93 percent of the employees at these firms have already been a part of reskilling programs and have been actively participating in providing strategic benefits to the companies. 

The combination of AI with skilling initiatives is helping businesses thrive. Impressively, at the time the survey was conducted, almost 98 percent of AI leading firms in India were investing in upskilling employees and were looking for ways to unlock digital capabilities. 97 percent of business leaders in India are promoting financial rewards to promote even quicker AI adoption. 72 percent of AI backed companies in India are using AI to help their people develop new products and services while 53 percent are doing so for improving customer experience.

As per the survey, the majority of employees are motivated to acquire AI relevant skills. Employers are also noticing employees’ inclination towards AI adoption, thereby leading to substantial cultural development at workplaces.

1...8910...17Page 9 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 !!