CXOs from India make a mark at the Ironman Triathlon Challenge

MUMBAI, 31 OCTOBER, 2022 (TGN): Ram Gopal, Kartik Iyer and Amit Vasistha (CEOs, CXOs from India) recently successfully finished the much coveted Ironman70.3 triathlon in Astana, Kazakhastan, an experience for athletes all around the world.

The three corporate leaders from India that championed the cause of wellness at Ironman 70.3 were Amit Vasistha, a former investment banker, Founder and CEO of wellness startup GALF (more popularly known for their brand MyGALF.com). Ram Gopal is the current serving India CEO of leading international bank. Kartik is senior leader and a seasoned banker.

In the post covid world, holistic wellness has become a raging concern. Staying healthy and fit has become an unsaid priority for everyone. Sadly though, very few seem to be taking the real steps to transform their lives towards achieving these health goals. Not surprisingly the stress, anxiety and Heath issues like obesity, hypertension are at an all time high today, especially amongst corporate organization.

However, the situation is not all gloomy as there are corporate leaders and CXOs who are leading the cause of wellness from the front independently. Several corporate leaders have taken it upon themselves to serve as role models when it comes to giving wellness its due importance along side their corporate responsibilities and maintaining a healthy and balanced approach to work and life.Ends

Inga, TIH Singapore tie up to launch PE fund to invest in mid-size Indian cos.

G. S. Ganesh, founder of INGA

Fund with overall target of around ₹ 5 bn will follow a sector agnostic approach with positive bias towards Specialty Chemicals, FMCG, Electronics, Food & Agriculture and Healthcare/Pharma

National, 11^th October 2022 (TGN): Inga Ventures (Inga), in partnership with TIH Limited (TIH), Singapore, is launching a ₹ 1,250 mn private equity fund “Ekkum TIH Emerging Opportunities Fund” for investing in mid-size enterprises in India. The Fund has received commitment of ₹ 250 mn from the sponsors and their affiliates.

 

The Fund will infuse growth capital in mid-size emerging companies operating in niche segment with strong track record. The Fund will aim to target companies with a clear expansion and value creation plan. The initial size of the fund is targeted at ₹ 1,250 mn and the overall target is ₹ 5 bn.

 

The Fund will follow a sector agnostic approach with positive bias towards Specialty Chemicals, FMCG, Electronics, Food & Agriculture and Healthcare/Pharma.

 

Commenting on the launch, G. S. Ganesh, founder of INGA, expressed confidence in establishing a strong and sound platform for nurturing success stories. He added that with solid experience in dealing with emotions of founders, the fund will tap the best in industries and partner them in their growth journey. He further commented that the partnership with TIH brings the best combination of the strong network and long term relationship of Inga and long standing investment experience of TIH. The strength of Inga is a collective experience of over 100 years comprising its founders and key management personnel.

 

Commenting on the partnership, Allen Wang from TIH said, “We are delighted to partner with Inga, a premier and veteran corporate finance/investment banking firm in India with mid-cap segment focus. Their wide reach across the country presents great investment opportunities for us in the middle market space in corporate India. We are confident that the partnership will help both parties to expand our opportunities in a quickly expanding Indian economy – from both a direct investment and cross-board perspective.”

 

Inga has emerged as a boutique relationship investment banker (IB) with a two decades of successful track record of nurturing family enterprises to a strong listed company or navigate its exit through M&As. In all these, Inga has displayed the key traits of managing the family aspirations vis-a-vis their hesitancy to cede control.

 

With this background and strong emphasis on family grown SME business Inga Ventures has stepped in to the next and logical phase of promoting a PE fund which will invest in such opportunities.

 

About Inga Ventures

Founded by a 1st generation investment banker, Mr. G S Ganesh, Inga Ventures has been offering boutique investment banking services to Indian corporates since 1999. Inga provides a broad range of services in the areas of equity capital market, private equity, corporate advisory and merger & acquisition.

 

About TIH Singapore

TIH Limited (TIH) is an SGX-listed closed-end fund set up in 1994, and is managed by one of the most established private equity investment teams in Asia. TIH currently has two business segments – Investment Business and Fund Management. Under the former, TIH is involved in special situation investments in both public and private companies, acquisitions of secondary portfolio and non-core assets, private credit, and long term strategic private equity. Under the Fund Management segment, TIHIM, a wholly-owned subsidiary of TIH, which holds a Capital Markets Services License issued by the Monetary Authority of Singapore, is a multi strategy investment manager with current asset under management of more than USD 1.12 billion in strategies such as special situation, public equity and private equity.

Heart2Heart Challenge for the healthy heart has kickstarted as over 700 people have already taken the challenge: JB Pharma

Mumbai (TGN): Toeing the theme of World Heart Day 2022 – ‘Cardiovascular Health for Everyone’, India is taking Heart2Heart Challenge for a healthy heart – a unique physical activity campaign to inculcate the healthy habit of checking whether one’s heart is healthy or not by climbing 4 floors (60 steps) because a study published in Rev Esp Cardiol (Engl Ed) ^[1] reveals so.

 

The study further reveals that by climbing stairs one can check one’s heart health as failing to climb 4 floors (60 steps) in one-and-a-half minutes is a sign of sub-optimal heart function.

 

By taking the Heart2Heart Challenge for Healthy Heart, one needs to climb 4 floors i.e., 40 feet in a minute, and if 726 people take this challenge, then the height of Mount Everest (29028.9 feet) in a minute can be climbed. And the height of Mount Everest has been already climbed as over 700 people have taken this challenge.

 

In the opinion of Dr Ajay Mahajan, Prof & Head of Cardiology at KEM Hospital, Mumbai, “Coronary Artery Diseases (CAD) occur in the younger population of India as compared to the western world. The average age of heart attack is 56 years & about 30% occur at the age of fewer than 40 years. This is a decade earlier than the western world. The urban & semi-urban areas have 80% of these heart attacks. Fuelling the rise of coronary artery disease is the fact that 16% worldwide diabetics reside in India making it the infamous diabetic capital of the world.”

Dr Mahajan further added, “The overall mortality of heart attacks of 13% and it is higher in women than the men. Compounding problems is the fact that sudden cardiac death occurs for 10% of are in age groups less than 40%. This leads to a loss of productivity and has a profound socioeconomic impact. A large-scale primary prevention initiative dealing with lifestyle changes of regular exercise, consumption of a balanced and healthy diet and tobacco cessation. Training of personnel in resuscitation is also needed. To spread awareness, the Heart 2 Heart campaign Healthy Heart challenge is the need of the hour.”

 

By taking the Heart2Heart Challenge – Doing it yourself (DIY), Indian youth – who are succumbing to cardiac arrest, and middle-aged people will be able to take preventive measures to resist heart risks in future. 

 

“India is anticipated to have the world's greatest number of cardiac deaths by 2030, with Cardio Vascular Deaths accounting for roughly every fourth death. High blood pressure (BP) is a common risk factor for cardiovascular disease. 42% of Indians with hypertension don't know that their blood pressure is higher than normal. Heart attack and stroke account for 85 % of CVD-related mortality. One of the leading behavioural risk factors are physical inactivity and lack of exercise. Hence, climbing stairs is one of the many forms of exercise that has been scientifically proven to be beneficial for one's heart. The stair climbing test is an easy way to check one’s heart health at no cost. The Heart2Heart campaign is an initiative that needs to be propagated in India to prevent future cardiac problems,” stated Dr Jamshed J Dalal, Director, Centre for Cardiac Sciences, Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute, Mumbai.

 

JB Pharma’s initiative – Heart2Heart Healthy Heart Challenge is a unique campaign of its kind, which aims to revive some of the forgotten but essential habits to stay heart healthy. 

 

First, people have forgotten stair climbing, which JB Pharma’s initiative – Heart2Heart Healthy Heart Challenge wishes to revive through this campaign to stay heart-healthy.

 

Second, people have stopped going for preventive health checks as 75% of the Indian population never goes for diagnostic tests, which is the reason why they miss the early signs of (CVDs). But #heart2heartchallengeindia is, do it yourself (DIY) indicative assessment.

 

Third, in the campaign, the simplest methods of BP measurement (BP Right Karo) have been listed because hypertension is a ‘silent killer. But most people with hypertension are unaware of the problem because it may have no warning signs or symptoms. For this reason, blood pressure must be measured regularly. Ends

 

TrackEx Streamlining ITES Industry with state of the art technology

MUMBAI, 29 SEPTEMBER, 2022 (TGN): TrackEx, a pioneering Travel & Expense (T&E) Management company and a subsidiary of global digital transformation consultants MSRCosmos group  launches integrated  travel and expense management solutions for the Information Technology Enabled Services (ITES) industry. 

Their Travel &Expense management system has consistently offered users, administrators, and finance operations across an organization with accurate, streamlined, and scalable processes.

The TrackEx ‘T&E Management Service’ solution will allow enterprises in a variety of industry sectors to easily handle travel-related reimbursement and reporting. This productized service exemplifies how TrackEx can assist customers in reimagining fundamental enterprise processes and engineering intuitive services and solutions that enable breakthrough productivity in the mobile-first cloud-first environment.

Large firms with considerable business travel needs generally have a large team in place to manage workers’ business travel bookings and reimbursements. The testing and evaluation process is time-consuming and complex, with a non-intuitive engagement style that does not always adjust to company and user needs.

The software will automate up to 80% of travel and expense workflow for a company enabling employees to optimize savings on every trip. Employees will enjoy access to a large range of airfare, car and hotel offers at reduced rates. They can avail a wide range of global inventory that makes booking from anywhere in the world a simple procedure. TrackEx’s automated processes claims to save up to 70% of the company’s time along with speedy and on time reimbursements for their staff. 

TrackEx also introduces Optical Character Recognition (OCR) Technology through its systems. This technology, with intelligence, can detect information on single or multiple invoices. Companies can now have receipts scanned effortlessly and on-the-go. 

TrackEx’s offering will also enable prepaid card integration for ITES companies which will help digitise fund management with ease. 

“With business travel coming back on track post the pandemic, it is high time the retail industry embraces automation especially in fields that are paperwork-intensive like travel expense management. Teams in ITES businesses travel frequently and need reliable support that helps them keep their focus on business operations and be worry-free while travelling for work purposes..” – said TrackEx COO Mr. Vedavyas Komara

In addition, he said, “TrackEx believes in the power of innovation to help businesses achieve greater results. Businesses that use our T&E Management Service solution can save up to 60% on total travel and expense management expenditures while also improving employee experience.”, 

TrackEx’s Service is intelligent, scalable, and provides tremendous value to expanding enterprises without compromising user experience or support quality.

TrackEx’s’ travel and expense management service’ solution will develop an intuitive, user-friendly, cloud-based mobile and web application with enterprise and third-party API (Application Program Interface) integration to make this process seamless and efficient.” It will deliver intuitive performance and insights similar to other social apps. The application will make it simple to arrange airline tickets, hotel rooms, and ground transportation. Aside from that, the solution will make it easier to track and report expenses, as well as improve accounting alignment with business rules and standards. It will also use data analytics to detect fraud and duplicate claims based on travel patterns

For Details Please visit : 

https://trackex.com/

MSRvantage leverages cutting-edge Asset Digitization solutions to address diverse industry challenges

MUMBAI, 29 SEPTEMBER, 2022 (TGN): Asset digitization launched by MSRvantage has virtually entered mainstream finance along with other industries and is an incredible advancement in technology which provides enhanced security to businesses and aids in tamper-proof transactions. 

Through this technology MSRvantage creates digital copies of assets. A digital asset is the digitized right of ownership of an asset. During asset digitization, the rights of ownership associated with the asset will be exchanged on a digital platform.

MSRvantage Asset Digitization makes it easier to manage and exchange digital assets amongst different parties in a shared business network. Adoption of tokens and digital currencies are getting mainstream in today’s world. “The speedy growth in demand for digital assets will evolve in the future. With our technology, we are digitising real-world assets in the capital markets.” Said Mr. Balaji Kandregula, Vice President – MSRvantage

“This revolutionary technology gives simple ways to handle the traceability of products that cannot be altered. The process of making a digital replica of an asset is known as asset digitization. A digital asset is an asset’s digitised right of ownership.” He added. 

The rights of ownership linked with the asset will be swapped to a digital platform during asset digitization. MSRvantage’s Asset Digitization facilitates the management and exchange of digital assets among many parties in a shared corporate network. “Tokens and digital currencies are becoming more popular in today’s environment.” Mr. Kandregula stated. This new software solution not only enhances the ability to identify potential contamination sources, but also aids in quality maintenance. It also allows you to trace the source, preventing and regulating counterfeiting in a range of industries.

Assets that are more difficult to transfer, such as gold, real estate, fine art, or carbon credits, frequently need purchasers and sellers to deal with heaps of documentation and drawn-out processes. The value of actual goods can be unlocked and exchanged in real time by portraying them as digital tokens on a distributed digital ledger.

MSRvantage has spent $15 million in the previous three years. Having expanded into several industries, the company plans to invest $5-7 million per year to expand its footprint in the IT sector, where it intends to provide cloud, data, artificial intelligence, enterprise applications, and automation.

For further Detals Please visit :

https://www.msrvantage.com/

मुंबई महानगरी ने देखी एक अभूतपूर्व और आदर्श महारथयात्रा

मुंबई, २७ सितम्बर (TGN): मुंबई नगरी में आज तक यात्राएं तो काफी निकली, लेकिन जिस रथयात्रा को 'अभूतपूर्व' और 'आदर्श' ऐसे शब्दों से नवाजा जा सके ,ऐसी महारथयात्रा दिनांक २५ सितम्बर को हर्षोल्लास के साथ निकली थी.

जैन आगमादि धर्म शास्त्रों और उसका अनुकरण करने वाले सामाचारी के अनुसार आराधना करने वाले- कराने वाले भिवंडी से भायखला और नालासोपारा से वालकेश्वर तक के जैन संघ और समस्त संघ के आराधकों के सामूहिक  आयोजन में कुदरत ने भी जो साथ -सहयोग दिया, उसे प्रभु कृपा का चमत्कार ही मानना पड़ेगा. इस महारथयात्रा की एक- एक विशेषता का यदि वर्णन हो तो पन्नों के पन्ने भर जाय संक्षेप में कहना हो तो ऐसा कहा जा सकता है कि इस महारथयात्रा में सब कुछ  विशेष था. विशेषताओं का महामेला भरा था. इस महारथयात्रा मे लगभग डेढ़ किलोमीटर के क्षेत्र में फैली हुई इस महायात्रा की शोभा को देखने के लिए भारतभर से और मुंबई के उपनगरों में से जो जनसागर उमटा था, उसके सामने अरब सागर भी वामन लगता था और मुंबई के महामार्ग भी संकरे साबित हुए थे.

इस महारथयात्रा में पाठशाला के हजारों विद्यार्थियों ने जो  उत्साह दिखाया था, हजारों युवा जिस उत्साह से नाचे थे और हजारों प्रौढ़  और वृद्धों ने अपनी उपस्थिति से इस रथयात्रा की जो शोभा बढ़ाई थी, उसकी तो बात ही नहीं की जा सकती.

इस महारथयात्रा में पू.आ.श्री विजयसिद्धिसूरीश्वरजी. म. सा., पू. आ.श्री विजय शांतिचंद्र सूरीश्वरजी.म.सा, पू,आ. श्री.विजय शांतिचंद्रसूरीश्वरजी.म.सा. और पू.आ.श्री.विजयअमृतसूरीश्वरजी.म.सा. इन 4 समुदायों के जिनाज्ञाप्रिय अनुयायियों की बड़ी संख्या में उपस्थिति ध्यानाकर्षक बनी थी.

तपागच्छ के सबसे सुविशाल 'सूरिरामचंद्र' समुदाय के महानायक पू.आ.भ.श्री विजयपुण्यपाल सूरीश्वरजी महाराजा के अपने स्वास्थ्य की नाजुक अवस्था में भी इस महारथयात्रा में निश्रा देने हेतु पधारने से सकल श्री संघ का उत्साह आसमान को लांग गया था. महाराष्ट्र के राज्यपाल श्री भगतसिंह कोश्यारी, कैबिनेट मंत्री श्री मंगलप्रभात लोढ़ा, एमएलए श्रीमती गीताबेन जैन तथा श्रीमती शायना एनसी आदि महानुभावों ने इस रथयात्रा के दर्शन कर धन्यता का अनुभव किया था. 

पू. गच्छाधिपतिश्री की आज्ञा -आशीर्वाद से 2 वर्ष पूर्व प्रवचन प्रभावक पू. आ. श्री विजय कीर्तियश सू. म. सा. की निश्रा में समूह रथयात्रा की सर्वप्रथम शुरुआत हुई थी. इस बार गच्छाधिपति पूज्यश्री की पुनीत निश्रा प्राप्त होने से सभी का भावोल्लास ऐसा वृद्धिगत बना कि अब हर वर्ष ऐसी समूह महारथयात्रा चढ़ते रंग के साथ आयोजित करने के मनोरथ में सकल संघ के जुड़ने से आगामी महारथयात्रा के दिन की घोषणा होने के साथ ही मुख्य लाभार्थी आदि के नाम भी दर्ज हो गए थे.

जैन धर्म के 22 वें तीर्थंकर श्री नेमिनाथ प्रभु के केवल ज्ञान कल्याणक दिन और महान जैनाचार्य श्री विजय महाबलसूरीश्वरजी म. सा. की छट्ठी पुण्यतिथि के दिन आयोजित यह महारथयात्रा मुंबई की जनता के लिए यादगार बन गई. रथ यात्रा के बाद मोतीशा लालबाग जैन संघ के उपाश्रय में धर्मसभा आयोजित होने से उस में गुरु भगवंतों के मार्मिक प्रवचन, दीक्षार्थियों का सम्मान, पाठशाला के विद्यार्थियों का सम्मान आदि संपन्न हुआ था.

उसके बाद हजारों साधर्मिकों  को बैठाकर आदर्श भोजन भक्ति का आयोजन किया गया था और शाम को चंदनबाला के श्री महावीरस्वामी जिनालय में अलौकिक महापूजा का आयोजन किया गया था. इसमें भी हजारों भाविकों  ने दर्शन का लाभ लेकर धन्यता का अनुभव किया था. जैन धर्म के मूलभूत सिद्धांतों एवं आदर्शों को ध्यान में रखकर उसके पालन के साथ मनाई गई यह महारथयात्रा वास्तव में आदर्शरूप बन गई थी.

Imagine Marketing (boAt) ranks among the top 5 global wearable companies

 

NATIONAL, 22nd SEPTEMBER, 2022 (TGN): Imagine Marketing, the parent company of boAt has been ranked 5^th in the world as per the leading market research and advisory firm International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker Q2CY2022. In addition, Imagine Marketing continues to retain pole position in the overall wearables category in India for the third consecutive year (CY20, CY21, CY22 YTD) as per IDC India Monthly Wearable Device Tracker, August 2022. The brand has a wide portfolio of well-designed, indigenized, and distinctive lifestyle-oriented products offered at attractive prices.

Imagine Marketing leads the TWS category with 40% plus market share in July 2022. The phenomenal growth is due to the reasons such as availability, affordability, better features and functionalities like ANC, innovative designs, and low-latency mode for gaming. Watch-based wearables also tend to be the fastest-growing category for Imagine Marketing showing strong momentum with >145% growth over the last year (H12021 v/s H12022). In addition to the affordability, features such as Bluetooth calling, bigger screen sizes, and AMOLED displays are attracting both first-time users and upgraders. 

On the global recognition, Aman Gupta, Co-founder & CMO, boAt said, “Design, innovation, and customer centricity are core to our business. The success of our brand can be credited to our agility, fast innovation cycle, and constant listening to our boAtheads. We are humbled, overwhelmed with the confidence and support entrusted by customers over the years. It is a moment of pride for all Indians as it validates the growing acceptance of home-grown brands globally. With the support of our Govt., we will aim to become a global lifestyle brand. We at boAt understand the requirement of millennials and will continue doing what we do best to serve the community of boAtheads. "

Since the first quarter of the Financial Year 2022, many boAt products within the Rockerz, Bassheads, and Airdopes product ranges, as well as within the accessories (including cables and power banks) are being manufactured in India. boAt Bassheads 100, Bassheads 192, Bassheads 225, Rockerz 255 Pro, Rockerz 235v2, Airdopes 131, Airdopes 101, Airdopes 441, power banks, charging cables, and power bricks are among the current products available under boAt's "Make in India" initiative.