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  • How B2C Businesses Make Customer Experiences Smooth and Effortless: Owners Share Insights

    Customer experiences in the B2C business model are centered around creating seamless interactions, from initial contact to post-purchase support, aiming to enhance satisfaction and foster loyalty. In tune with this, StartupTalky connected with some amazing B2C business owners to understand what steps they take in their businesses to make the customer experience as smooth and effortless as possible. Now, let’s explore their responses and see what we can learn from them.

    Kaushik Das, Founder & CEO, AAONXT
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Tapasya Sharma, Global Head, Digital Marketing & E-commerce
    Deepak Khanna, Owner, DRK Jewels
    Apurv Modi, Co-Founder, Abhay Health
    Tanay Sharma, Co-Founder & COO, CITTA
    Kannav Thukral, Managing Director, Blackzone Mobiles
    Sameer Gandotra, Founder and CEO, Frendy

    Kaushik Das, Founder & CEO, AAONXT

    Kaushik Das, Founder & CEO, AAONXT
    Kaushik Das, Founder & CEO, AAONXT

    At AAO NXT, we are committed to ensuring that our customers have a smooth and effortless experience with our platform. Here are the key steps we take in our B2C model to achieve this:

    • Intuitive User Interface: Our platform features a clean, intuitive user interface that is easy to navigate. We prioritize simplicity and ease of use, allowing users to find and enjoy content without any hassle. Clear menus, search functions, and well-organized categories help users quickly locate what they’re looking for.
    • Seamless Onboarding Process: We have designed a seamless onboarding process for new users. From account creation to personalized content recommendations, we guide our users through each step smoothly, ensuring they feel comfortable and confident in using our platform from the very beginning.
    • Cross-Device Compatibility: AAO NXT is accessible across various devices, including smartphones, tablets, smart TVs, and desktop computers. Our app is optimized for different screen sizes and operating systems, ensuring a consistent and high-quality viewing experience no matter how users choose to access our content.
    • Fast and Reliable Streaming: We invest in robust technology infrastructure to provide fast and reliable streaming services. Our users can enjoy their favorite shows and movies without interruptions, buffering, or lag, which is crucial for a satisfying viewing experience.
    • Personalized Content Recommendations: By leveraging user data and advanced algorithms, we offer personalized content recommendations that align with individual preferences. This not only helps users discover new content effortlessly but also keeps their experience relevant and engaging.
    • Easy Account Management: Our platform allows users to manage their accounts with ease. Features such as subscription management, profile settings, and viewing history are straightforward to access and update, giving users full control over their experience.
    • Customer Support and Feedback Channels: We provide responsive customer support to address any issues or questions our users may have. Additionally, we have established feedback channels to capture user insights and suggestions, which we use to continuously improve our services.
    • Regular Updates and Improvements: We continuously update our platform with new features, content, and enhancements based on user feedback and industry trends. These regular updates ensure that our platform remains current, user-friendly, and in line with our customers’ evolving needs.
    • Secure and Convenient Payment Options: We offer a variety of secure and convenient payment options for subscriptions and other services. This flexibility ensures that users can easily choose their preferred method of payment, adding to the overall convenience of using our platform.
    • Engaging and Interactive Features: To enhance user engagement, we incorporate interactive features such as ratings, reviews, and social sharing options. These features allow users to interact with the content and the community, enriching their overall experience on AAO NXT.

    By focusing on these key areas, we strive to make the customer experience at AAO NXT as smooth and effortless as possible, ensuring our users can fully enjoy the rich array of Odia entertainment we offer.

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    We strive to make the customer experience effortless and smooth. Our ordering process has evolved from phone calls to messages and is now a user-friendly app that allows for easy recharges and subscriptions without needing customer support.

    However, we understand the importance of human interaction. Our acquisition team calls every new customer to explain the process, verify addresses for smooth delivery, and confirm the first order delivery status. We offer multiple communication channels for your convenience, including phone, WhatsApp, and email.

    Our senior leadership prioritizes prompt responses across all channels to ensure inquiries are addressed quickly and efficiently. In the rare case of a missed delivery, we take a proactive approach by reaching out and offering options like immediate refund or expedited fulfillment based on the customer’s preference. We also believe in flexibility. Our app wallet allows you to easily withdraw any remaining balance upon request.

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    Tapasya Sharma, Global Head, Digital Marketing & E-commerce

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce
    Tapasya Sharma, Global Head, Digital Marketing & E-commerce

    Since customers in the digital realm like to make their decisions seamlessly on the go without having to go back and forth, be it for downloading apps, copying a discount coupon, or any other action that demands them to halt their buying process, we at TERRA ensure a smooth customer journey from exploring the products on the website to the cart to robust payment gateways.

    Also, as said above, from providing information about the global certifications over the other brands and providing bite-sized information about usage and disposal of the products through videos and blogs helps us inform the existing and potential customers to have a hassle-free journey with the brand and our products.

    Deepak Khanna, Owner, DRK Jewels

    Deepak Khanna, Owner, DRK Jewels
    Deepak Khanna, Owner, DRK Jewels

    I have been of the belief that every touchpoint in the customer journey is an opportunity to delight and enchant. Thus, we take meticulous steps in our B2C model to ensure that the customer experience is as smooth and effortless as possible.

    From the moment a customer explores our website or walks into our showroom in Chandni Chowk, Delhi, they are greeted by a seamless interface designed for intuitive navigation and effortless discovery.

    Our user-friendly interface enables customers to browse our extensive collections, explore detailed product information, and make informed decisions with ease.

    Furthermore, our dedicated customer support team is available round-the-clock to assist with any inquiries or concerns, ensuring prompt and personalized assistance at every step of the way.

    Moreover, we offer multiple channels for seamless transactions, including secure online payment options and flexible financing solutions, empowering customers to purchase their desired pieces with convenience and confidence.

    In essence, by prioritizing user-centric design, responsive customer support, and streamlined transactions, we endeavor to make every interaction with DRK Jewels a memorable and hassle-free experience, reflecting our unwavering commitment to excellence and customer satisfaction.

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    Apurv Modi, Co-Founder, Abhay Health

    Apurv Modi, Co-Founder, Abhay Health
    Apurv Modi, Co-Founder, Abhay Health

    We put a lot of thought into making the customer experience as seamless as possible. At Abhay Health, we’ve streamlined everything from product development to customer support. Our health tech platforms and telehealth services are designed to be user-friendly, ensuring that our customers can easily access the care and information they need. One key aspect is the accuracy of our testing kits, which provide reliable and precise results that our customers can trust. Clear communication and prompt support are also key—if our customers need help, we’re there for them.

    With Oliv Life, simplicity and efficiency are our mantras. Our devices are intuitive and easy to use, and we make sure our customer service team is always ready to assist. Plus, we offer fast shipping and hassle-free returns to make the whole purchasing process smooth and convenient. Ultimately, it’s about making sure our customers have a positive and stress-free experience with our brands.

    Tanay Sharma, Co-Founder & COO, CITTA

    Tanay Sharma, Co-Founder & COO, CITTA
    Tanay Sharma, Co-Founder & COO, CITTA

    We focus on user-friendly design and 100% transparency with every ingredient listed on our packaging. Our website is easy to navigate, with detailed descriptions of each product, and an intuitive checkout process. Our packaging is designed for convenience. We also provide responsive customer support through multiple channels, including chat, email, and phone, ensuring any issues are promptly addressed. By prioritizing convenience and support, we make it easy for parents to choose and use our products confidently.

    Kannav Thukral, Managing Director, Blackzone Mobiles

    Kannav Thukral, Managing Director, Blackzone Mobiles
    Kannav Thukral, Managing Director, Blackzone Mobiles

    Most of our customers belong to the Low Income Group, there we apply a lot of effort to educate the customer through YouTube videos and also provide tele support in case they have any queries. Buying a phone in the range of Rs.2000 – Rs.3500 is a big thing for these customers and the phone needs to add real value to their lives. Therefore we make sure they feel that they have made the right decision by buying our phone.

    Sameer Gandotra, Founder and CEO, Frendy

    Sameer Gandotra, Founder and CEO, Frendy
    Sameer Gandotra, Founder and CEO, Frendy

    In the Marts format, customer experience is critical for us. We focus on making checkouts faster by supplementing multi-checkouts via store staff phones. Our Auto Replenishment system makes sure that products are not stocked out and are always available. We are also using computer vision to monitor the customer experience – greeting by our Mart employees, empty shelves, availability of personnel at the checkout, etc.

    As far as the customer’s digital journey goes, our experience has taught us that while customers like to browse our app, they usually prefer WhatsApp or call the mart/micro kirana owners and place the order with some human contact & assistance. In several cases, they make the payment digitally. This part digital and part offline fulfillment model helps provide a more seamless experience for customers and one where the human element enhances trust and allows our personnel to smoothen out any errors or problems that may occur during the fulfillment process.

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  • How B2C Businesses Use Consumer Data to Personalise Experiences: Insights from B2C Owners

    Nowadays, personalising customer experiences is more important than ever. StartupTalky reached out to various B2C business owners to learn how they utilise consumer data to improve their services and enhance customer satisfaction. Their insights reveal innovative strategies for using data to understand customer preferences, create unique shopping experiences, and more.

    This article compiles their expert opinions, offering valuable advice on making data-driven personalisation a core part of B2C business strategy.

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce
    Kaushik Das, Founder & CEO, AAONXT
    Suman Bannerjee, CIO, Hedonava
    Sameer Gandotra, Founder and CEO, Frendy
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Deepak Khanna, Owner, DRK Jewels
    Apurv Modi, Co-Founder, Abhay Health
    Tanay Sharma, Co-Founder & COO, CITTA
    Kannav Thukral, Managing Director, Blackzone Mobiles

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce
    Tapasya Sharma, Global Head, Digital Marketing & E-commerce

    In the current times, personalization is the golden standard for brands to thrive in the B2C space. We garner consumer data to target potential consumers through personalized emails informing them to explore our website-exclusive offers. Moreover, we retarget existing customers through personalized emails recommending them to try our other range of products while asking them about the product that they bought recently. Their recommendations are heard diligently to be able to cater to them as they are willing.

    Apart from personalized emails, we also engage in social media campaigns to reach customers directly on Instagram, Facebook, WhatsApp, etc., for their queries and the products that they explore.

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    Kaushik Das, Founder & CEO, AAONXT

    Kaushik Das, Founder & CEO, AAO NXT
    Kaushik Das, Founder & CEO, AAO NXT

    At AAO NXT, leveraging consumer data is central to our strategy for personalizing B2C experiences and enhancing customer satisfaction. Here’s how we do it:

    • Behavioral Analysis: We analyze viewing patterns and behaviors to understand what types of content our users prefer. By tracking which shows, movies, and songs are most popular, as well as the time spent on each, we can tailor our recommendations to align with individual preferences. This ensures that our users always have access to content that is most relevant and appealing to them.
    • Personalized Recommendations: Using advanced algorithms and machine learning, we provide personalized content recommendations based on users’ viewing history and preferences. This helps in discovering new content that they are likely to enjoy, thereby enhancing their overall experience and keeping them engaged with the platform.
    • Customized User Interface: We offer a customized user interface that adapts to individual user preferences. For example, the homepage layout and featured content can be tailored to highlight genres, actors, or directors that a user frequently watches, making the platform more intuitive and user-friendly.
    • Targeted Notifications and Alerts: We send targeted notifications and alerts about new releases, upcoming shows, or special events based on user interests. These notifications are designed to keep our users informed and excited about content that matches their preferences, leading to increased engagement and satisfaction.
    • Content Curation: Our content curation team uses consumer data to identify and prioritize the acquisition and production of content that our audience desires. By understanding what our users are watching and enjoying, we can focus on creating and curating content that meets their expectations and fills any gaps in our library.
    • Feedback Integration: We actively solicit and analyze user feedback to understand their needs and preferences better. This feedback is integrated into our content development and platform enhancement processes, ensuring that we continually improve and adapt to meet our users’ expectations.
    • Segmentation and Personalization: We segment our user base into different groups based on demographic data, viewing habits, and engagement levels. This allows us to create personalized marketing campaigns and offers that resonate with each segment, driving higher engagement and satisfaction.
    • Enhanced Customer Support: By leveraging consumer data, we can provide more efficient and effective customer support. Understanding a user’s history and preferences allows our support team to offer personalized assistance and resolve issues more quickly, leading to a better overall customer experience.

    By harnessing the power of consumer data, we are able to create a highly personalized and satisfying experience for our users at AAO NXT. This not only enhances customer satisfaction but also fosters loyalty and long-term engagement with our platform.

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    Suman Bannerjee, CIO, Hedonava

    Suman Bannerjee, CIO, Hedonava
    Suman Bannerjee, CIO, Hedonava

    In our B2C model, we take several steps to ensure the customer experience is smooth and effortless. We continuously refine our simplified onboarding process to make it as user-friendly as possible, incorporating intuitive registration forms and streamlined documentation requirements. The entire investment and withdrawal process is fully digitized, offering a seamless, paperless experience that allows customers to manage their investments, make deposits, and withdraw funds easily through our secure online portal or mobile app.

    Customers receive regular portfolio updates through email, push notifications, and in-app alerts, informing them about their investment performance and significant market developments. We maintain complete transparency by providing clear information about our investment strategies, performance, and fees, with detailed reports and dashboards for easy tracking.

    Our transparent fee structure ensures no hidden costs, fostering trust and confidence. Additionally, we offer educational resources on alternative investments, including articles and interactive tools, empowering customers to diversify their portfolios and enhance their financial literacy.

    Our 24/7 support is available via email, WhatsApp, call, and SMS, complemented by a comprehensive FAQ section and self-service resources, ensuring help is always accessible. We continuously gather and incorporate user feedback to improve our platform’s functionality and usability, regularly updating it with new features based on customer suggestions. These comprehensive steps create a hassle-free, engaging, and informative customer experience, positioning our B2C model as a leader in delivering value and satisfaction and building long-term loyalty.

    Sameer Gandotra, Founder and CEO, Frendy

    Sameer Gandotra, Founder and CEO, Frendy
    Sameer Gandotra, Founder and CEO, Frendy

    Daily shopping offers the richest data. Customers visit the mart or the micro kiranas 10 to 15 times a month and this allows us to collect rich data. As we are hyperlocal we use grouping of data to offer specific deals or allow our mart/ micro kirana entrepreneurs to tweak these to suit their customers’ needs.

    We believe that rather than full personalization of experience – customizing experiences for groups of customers effectively allows us to market the same products to a cluster of customers and deliver greater value via faster sales & cheaper logistics of any hub or spoke.

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    We leverage customer data responsibly to personalize B2C experience and enhance satisfaction. By closely tracking customer behavior, we understand their milk preferences, allowing us to recommend relevant products. We meticulously track and address customer complaints, ensuring timely resolution and maintaining records for future reference. This allows us to proactively address any recurring issues they might encounter. We are currently revamping our app to offer a hyper-personalized experience with customized offers based on your individual preferences.

    Deepak Khanna, Owner, DRK Jewels

    Deepak Khanna, Owner, DRK Jewels
    Deepak Khanna, Owner, DRK Jewels

    At DRK Jewels, we recognize the transformative power of consumer data in enhancing B2C experiences and elevating customer satisfaction to unprecedented heights.

    Through advanced analytics and AI-driven insights, we meticulously analyze customer preferences, purchase history, and browsing behavior to create highly personalized experiences tailored to each individual’s unique tastes and preferences.

    Whether it’s recommending complementary pieces based on past purchases or sending personalized offers on special occasions, our data-driven approach ensures that every interaction with DRK Jewels feels uniquely curated and deeply personal.

    Moreover, we prioritize data privacy and security, adhering to stringent protocols to safeguard our customers’ sensitive information, thereby instilling trust and confidence in our brand.

    In essence, by leveraging consumer data intelligently and ethically, we not only enhance the B2C experience but also foster deeper connections with our clientele, solidifying DRK Jewels’ position as a trusted purveyor of luxury and elegance.

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    Apurv Modi, Co-Founder, Abhay Health

    Apurv Modi, Co-Founder, Abhay Health
    Apurv Modi, Co-Founder, Abhay Health

    Consumer data is like gold for us – it helps us truly understand and anticipate what our customers want. At Abhay Health, we use data analytics to get a clear picture of individual health patterns and preferences. This allows us to offer personalized health solutions, from wellness plans to specific product recommendations.

    For Oliv Life, analyzing purchasing behaviors and feedback helps us tailor our marketing and product development. We learn what our customers value most—whether it’s battery life, portability, or design—and refine our offerings to match those needs. This data-driven approach means our customers feel understood and valued, which naturally boosts their satisfaction and loyalty.

    Tanay Sharma, Co-Founder & COO, CITTA

    Tanay Sharma, Co-Founder & COO, CITTA
    Tanay Sharma, Co-Founder & COO, CITTA

    At CITTA, we create personalized experiences by analyzing the purchase history, preferences, and feedback of our customers. In accordance with the data, we tailor our product recommendations and marketing messages to meet individual needs. Additionally, based on consumers’ browsing behaviour, we feature personalized product suggestions and skincare tips. Emailers, WhatsApp Blasts, and Ad Campaigns are customized to highlight relevant products and promotions. This data-driven approach ensures that our customers receive a curated and relevant experience, thereby, increasing their satisfaction and loyalty.

    Kannav Thukral, Managing Director, Blackzone Mobiles

    Kannav Thukral, Managing Director, Blackzone Mobiles
    Kannav Thukral, Managing Director, Blackzone Mobiles

    We have only recently started having data in place and organized so that we can gain enough information through analytics. In the current scenario, we only campaigns in vernacular languages and include localized features in the phone catering to the Indian Market.

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  • Top Strategies B2C Businesses Use to Engage and Retain Customers: Industry Leaders Share Insights

    Engaging and retaining B2C customers is a top priority for businesses. StartupTalky reached out to various B2C business owners to understand the innovative strategies they use to stand out and keep their customers coming back. From personalised experiences to utilising technology, these industry leaders share their insights and tactics that are driving customer loyalty and satisfaction. Read on to discover the creative approaches that are making a difference in the world of B2C businesses.

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce
    Kaushik Das, Founder & CEO, AAONXT
    Suman Bannerjee, CIO, Hedonava
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Deepak Khanna, Owner, DRK Jewels
    Sameer Gandotra, Founder and CEO, Frendy
    Apurv Modi, Co-Founder, Abhay Health
    Tanay Sharma, Co-Founder & COO, CITTA
    Kannav Thukral, Managing Director, Blackzone Mobiles

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce
    Tapasya Sharma, Global Head, Digital Marketing & E-commerce

    At TERRA, we believe that the market, though competitive, offers a fair share to brands to carve out their niche in catering to a segment. Upholding global clinically tested recognition and standards, our raw materials and products are tested & certified by a clutch of globally recognized authorities and organizations including SGS, FSC, Dermatest, Intertek, and New Zealand FernMark accreditation. Coupling it with the biodegradable properties of our products, we have been able to pioneer in creating an ecologically conscious user base.

    Since the majority of our target audience believes in a digital-first approach to their buying decisions, we target them through their preferred e-marketplace channels. Also, offering website-exclusive offers helps us retain a strong repeat customer base. Also, to sensitize the existing and potential audiences about their larger role in caring for the planet, we have unveiled a series of informative videos on our best practices for sourcing the choicest ingredients for the products sustainably; and ways to degrade the used biodegradable wipes for a better planet to be in. This feeling of belonging to a greater cause has helped us create a growing fraternity of conscious consumers.

    Kaushik Das, Founder & CEO, AAONXT

    Kaushik Das, Founder & CEO, AAO NXT
    Kaushik Das, Founder & CEO, AAO NXT

    In a competitive market, engaging and retaining B2C customers requires a blend of innovative strategies. At AAO NXT, we focus on the following key strategies to ensure we stand out and maintain a loyal customer base:

    • Personalized Content Recommendations: We utilize advanced algorithms to analyze user preferences and viewing habits, providing personalized content recommendations. This ensures our users always find something that matches their tastes, enhancing their overall experience and encouraging continued engagement with our platform.
    • Exclusive and Original Content: Our commitment to producing high-quality, original content specifically tailored to our audience is a major differentiator. By offering exclusive AAO Original Odia web series, movies, and short films, we provide unique value that can’t be found elsewhere, attracting viewers who seek authentic and fresh content.
    • Interactive and Community Features: We foster a sense of community among our users through interactive features such as forums, live chats, and social media integrations. This allows viewers to discuss their favorite shows, share recommendations, and feel more connected to both the content and the platform.
    • Cultural Celebrations and Themed Content: We celebrate Odia culture through special events and themed content releases that resonate with regional festivals, historical milestones, and cultural celebrations. This deepens our connection with the audience and aligns our platform with their cultural values and interests.
    • User-Friendly Experience: Our platform is designed to be intuitive and user-friendly, with easy navigation, seamless streaming, and cross-device compatibility. We prioritize a hassle-free experience, ensuring users can effortlessly enjoy their favorite content anytime, anywhere.
    • Continuous Improvement and Feedback Integration: We actively seek and incorporate user feedback to continuously improve our platform. This helps us stay attuned to our audience’s needs and preferences, ensuring that we evolve and adapt to meet their expectations.
    • Strategic Partnerships and Collaborations: We form strategic partnerships with major production houses and content creators to bring a continuous flow of high-quality content to our platform. Collaborations with influencers and cultural icons also help to boost our visibility and attract new users.

    By implementing these innovative strategies, we aim to not only attract new customers but also keep our existing audience engaged and satisfied, solidifying AAO NXT’s position as a premier destination for Odia entertainment.

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    Suman Bannerjee, CIO, Hedonava

    Suman Bannerjee, CIO, Hedonava
    Suman Bannerjee, CIO, Hedonava

    We implement several innovative strategies to engage and retain B2C customers in a competitive market. Our web and mobile apps offer timely notifications, keeping customers engaged with real-time insights and alerts. Regular portfolio updates via email ensure customers are continually informed about their investment performance. Constant follow-ups through personalized communication help maintain a strong connection with our clients, promptly addressing their queries and concerns. Our recurring investment facility simplifies the investment process, allowing customers to automate contributions and steadily grow their portfolios. We focus on delivering stable returns, building trust and reliability, which are crucial for long-term customer retention. Additionally, we uphold complete transparency, offering clear, accessible information about investment strategies, performance, and fees, fostering a sense of trust and confidence among our customers.

    To ensure convenience and accessibility, we continuously improve our digital platforms, incorporating user feedback to make them more intuitive and user-friendly. Our commitment to security is paramount, employing the latest encryption and cybersecurity measures to protect customer data and transactions. We also offer dedicated account managers for high-net-worth clients, providing them with personalized attention and bespoke investment solutions.

    These comprehensive strategies collectively create a seamless, engaging, and trustworthy experience that encourages customer loyalty and satisfaction.

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    In a competitive market, customer engagement and retention are crucial. We prioritize a two-way communication approach, actively seeking and valuing feedback through various channels. We believe in creating unique customer experiences. We invite them to visit our farms on weekends for a firsthand look at our operations and a chance to interact with myself and our marketing head.

    We understand that customer preferences are not one-size-fits-all. We tailor offers to different customer segments based on their preferences, such as buffalo milk versus cow milk. We extend our commitment beyond milk by participating in community activities and sponsoring school programs under our “Milkology™” banner to educate children about the importance of antibiotic-free and hormone-free milk.

    This constant reminder keeps us accountable to the core mission of Sid’s Farm – to deliver the highest quality dairy products while making a positive impact on our communities.

    Deepak Khanna, Owner, DRK Jewels

    Deepak Khanna, Owner, DRK Jewels
    Deepak Khanna, Owner, DRK Jewels

    In a fiercely competitive market, DRK Jewels employs innovative strategies to not only engage but also retain our treasured B2C clientele.

    One such strategy is our immersive online experience, where customers can explore our collections virtually, aided by cutting-edge technology that brings each piece to life.

    Additionally, we leverage social media platforms to foster a vibrant community of jewelry enthusiasts, engaging them through captivating content and exclusive sneak peeks.

    Moreover, our loyalty program rewards frequent patrons with special privileges and personalized offerings, fostering a sense of belonging and appreciation.

    Furthermore, we continuously seek feedback from our customers, actively incorporating their suggestions and preferences into our offerings. By staying attuned to their needs and desires, we forge enduring relationships built on trust and mutual respect.

    In essence, our innovative strategies revolve around creating meaningful connections, fostering loyalty, and offering unparalleled value, ensuring that DRK Jewels remains the foremost choice for discerning customers in a competitive landscape.

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    Sameer Gandotra, Founder and CEO, Frendy

    Sameer Gandotra, Founder and CEO, Frendy
    Sameer Gandotra, Founder and CEO, Frendy

    We allow our Mart & Micro Kirana entrepreneurs to engage with their and Frendy’s customers using our WhatsApp marketing suite embedded into our Mart PoS software as well as our Micro Kirana Partner App. The WhatsApp marketing is customized for each Mart/micro kirana owner and allows the owners to engage daily with their customers directly or via WhatsApp groups. They share deals & offers that are run either centrally by Frendy’s merchandising team or are customized by the mart / micro kirana entrepreneurs by themselves.

    We have also piloted a loyalty program at our Marts that engages them to collect points on their daily shopping and then enjoy discounts when they do their monthly grocery shopping. 

    Fendy’s slew of 300+ aspirational yet affordable private-label products further creates brand loyalty among customers.

    Apurv Modi, Co-Founder, Abhay Health

    Apurv Modi, Co-Founder, Abhay Health
    Apurv Modi, Co-Founder, Abhay Health

    We believe that engaging and retaining customers requires a mix of innovation and personal touch. At Abhay Health, we’re leveraging technology with our telehealth services and health management platforms. This keeps our customers connected and supported, building trust and reliability. For Oliv Life, we emphasize creating user-friendly and cutting-edge products. Our team is constantly interacting with customers through social media and community events, listening to their feedback and adapting our products accordingly. It’s this direct engagement and responsiveness that really helps us build a loyal customer base and keep our brand fresh and relevant.

    Tanay Sharma, Co-Founder & COO, CITTA

    Tanay Sharma, Co-Founder & COO, CITTA
    Tanay Sharma, Co-Founder & COO, CITTA

    To engage and retain customers in a competitive market, we try to employ a number of innovative strategies. We focus on personalized marketing, using customer data to tailor recommendations and offers. Having a strong social media presence enabled us to understand the pain points of our discerning customers and tailor engaging content accordingly, that not only promotes our products but also educates parents about quality skincare practices. We also host live sessions with experts from different walks of life, creating a community of informed customers. Additionally, our dedication to ethical skincare for babies through innovative and gentle formulations has helped keep the brand fresh and exciting.

    Kannav Thukral, Managing Director, Blackzone Mobiles

    Kannav Thukral, Managing Director, Blackzone Mobiles
    Kannav Thukral, Managing Director, Blackzone Mobiles

    We have strong network of Distributors and Dealers in Tier 3 and 4 markets of India. Therefore we do a lot of Localized content and promotions to engage customers. Sweet Pricing along with variety is the key that helps us retain these customers because they look out for a trust they get with our local distributor along with credibility for the brand. These customers then also buy directly from our D2C website.

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  • B2C Owners Share Insights on Key Business Model Elements Driving Customer Value

    Ever wondered what elements keep customers satisfied in B2C businesses? With India’s B2C e-commerce market anticipated to increase to $380 billion by 2030, understanding the elements driving customer satisfaction is essential. To gain insights, StartupTalky connected with numerous B2C business owners and asked them what main elements of their B2C business model contribute to delivering value to individual customers. Now, let’s explore their responses and learn from them.

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Kaushik Das, Founder & CEO, AAONXT
    Suman Bannerjee, CIO, Hedonava
    Tapasya Sharma, Global Head, Digital Marketing & E-commerce
    Deepak Khanna, Owner, DRK Jewels
    Apurv Modi, Co-Founder, Abhay Health
    Sameer Gandotra, Founder and CEO, Frendy
    Tanay Sharma, Co-Founder & COO, CITTA
    Kannav Thukral, Managing Director, Blackzone Mobiles

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm
    Dr. Kishore Indukuri, Founder and Managing Director, Sid’s Farm

    At Sid’s Farm, we are committed to delivering exceptional value to our customers. Our B2C model prioritizes purity, transparency, and a customer-centric approach. We conduct nearly 10,000 daily milk tests to ensure the absolute safety and purity of every product you receive.

    We believe in complete transparency, allowing you to access daily test results, fostering trust and confidence in our practices. Our responsive support team is always available to answer your questions and address any concerns you may have.

    We go beyond just selling milk; we actively educate our customers about the importance of high-quality milk and the benefits of ethical dairy practices. This commitment to education reflects our core values. We believe that an informed customer is a loyal customer, empowered to make healthy choices for themselves and their families.

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    Kaushik Das, Founder & CEO, AAONXT

    Kaushik Das, Founder & CEO, AAONXT
    Kaushik Das, Founder & CEO, AAONXT

    The main elements of our B2C business model that contribute to delivering value to individual customers are centered around three key areas: content diversity, user experience, and cultural resonance.

    Firstly, content diversity is a cornerstone of AAO NXT. We offer a wide array of entertainment options, including the AAO Original Odia web series, original movies, short films, classic movies, and soulful songs. This diverse content library ensures that there is something for everyone, catering to various tastes and preferences. By continually adding fresh and engaging content, we keep our audience entertained and coming back for more.

    Secondly, we place a strong emphasis on user experience. Our platform is designed to be user-friendly with an intuitive interface that makes navigation seamless. Features like personalized recommendations and easy access from any device ensure that our users can enjoy their favorite content with minimal effort. We understand that convenience is crucial, so we’ve made it possible for users to access our platform from anywhere in the world with just a swipe of their finger.

    Lastly, the cultural resonance of our content is vital in delivering value. AAO NXT is deeply rooted in Odia culture, and our mission is to elevate and amplify this rich cultural heritage on a global scale. By showcasing stories that reflect the essence of Odisha, we create a unique connection with our audience, allowing them to see their culture and experiences represented authentically. This cultural focus not only entertains but also fosters a sense of pride and identity among our viewers.

    These elements—diverse and engaging content, a superior user experience, and a strong cultural connection—are what make AAO NXT a valuable and beloved platform for our individual customers.

    Suman Bannerjee, CIO, Hedonava

    Suman Bannerjee, CIO, Hedonava
    Suman Bannerjee, CIO, Hedonava

    In our B2C business model, we deliver exceptional value to individual customers through several vital elements. Our portfolio tracking via web and mobile apps offers real-time updates, intuitive interfaces, and advanced analytics tools, ensuring customers have comprehensive control over their investments. We facilitate easy entry to alternative investments with low minimum thresholds, making diversification accessible to all, and support this with educational resources. Our commitment to low fees and no lock-ins ensures customers enjoy maximum returns and flexibility.

    Additionally, we offer investments with low correlation to traditional markets, aiding in portfolio risk reduction and stability. Complete transparency is a cornerstone of our approach, with open communication about investment performance, accessible information on fund management, and adherence to high ethical standards. Furthermore, we leverage cutting-edge technology to enhance security, ensuring that customer data and transactions are protected with the highest standards of encryption and cybersecurity measures.

    We also focus on ESG (Environmental, Social, and Governance) investments, allowing customers to align their portfolios with their values and invest in companies that prioritize sustainability, ethical practices, and positive social impact. Our 24/7 customer service provides prompt, knowledgeable support across multiple channels, complemented by extensive self-service resources. These elements combine to create a customer-centric model that enhances the investment experience and meets the diverse needs of our clients.

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    Tapasya Sharma, Global Head, Digital Marketing & E-commerce

    Tapasya Sharma, Global Head, Digital Marketing & E-commerce, TERRA
    Tapasya Sharma, Global Head, Digital Marketing & E-commerce, TERRA

    As a leading D2C brand overseas and having created a good user base of informed parents in India by providing sustainable baby and mother care solutions that use the choicest ingredients and upholding global clinically tested standards, we at TERRA cater to a large sustainable babycare products market and see good traction within our website shop. Furthermore, we have partnered with leading e-commerce platforms like Amazon, FirstCry, etc., to expand our reach to existing and potential consumers

    We also have our presence offline with over-the-counter products at Firstcry exclusive shops, and BigBasket outlets, among others. Our social media campaigns further connect brilliantly in spreading awareness to doting mothers about how they can select the best self-care and baby care products while being environmentally positive in their approach.

    Deepak Khanna, Owner, DRK Jewels

    Deepak Khanna, Owner, DRK Jewels
    Deepak Khanna, Owner, DRK Jewels

    At DRK Jewels, we believe in crafting not just ornaments, but everlasting memories. Our B2C business model revolves around three core elements that consistently deliver value to our discerning clientele. Firstly, our commitment to exquisite craftsmanship sets us apart. Every piece is meticulously designed and meticulously crafted, ensuring unparalleled quality and timeless elegance.

    Secondly, we prioritize customer experience. From personalized consultations to seamless transactions, we strive to make every interaction with DRK Jewels a delightful journey, leaving a lasting impression on our customers.

    Lastly, our dedication to innovation drives our success. Whether it’s staying ahead of trends or introducing unique designs, we continuously push the boundaries to offer something truly extraordinary to our patrons.

    In essence, our B2C business model hinges on superior craftsmanship, exceptional customer experience, and relentless innovation, all converging to create unparalleled value for each individual customer.

    Apurv Modi, Co-Founder, Abhay Health

    Apurv Modi, Co-Founder, Abhay Health
    Apurv Modi, Co-Founder, Abhay Health

    At the Abhay Group, we operate in two distinct sectors under B2C markets. In the healthcare domain, we have Abhay Health, while in the consumer electronics space, we have Oliv Life. Our primary goal across both sectors is to truly understand our customers and meet their needs in ways that make a real, tangible difference in their lives.

    For Abhay Health, this means empowering individuals to take control of their health. We provide products like rapid testing kits and self-diagnostic tools that enable people to conveniently monitor their health at home. It’s all about making healthcare accessible and manageable for everyone.

    On the other hand, Oliv Life is dedicated to embedding the latest technology into everyday gadgets. We design products like fast chargers and power banks to be not only reliable and durable but also stylish and easy to use. Our focus is on combining quality and innovation to not just meet but exceed our customers’ expectations.

    By focusing on quality, innovation, and customer convenience, we ensure that our offerings consistently deliver exceptional value and enhance the lives of our customers.

    Sameer Gandotra, Founder and CEO, Frendy

    Sameer Gandotra, Founder and CEO, Frendy
    Sameer Gandotra, Founder and CEO, Frendy

    Our target customer group is in the small towns (tier 3+) of India and the adjoining rural catchments around these towns. Customers here are not looking for just a better Kirana but to make their daily shopping experience better. Our Frendy Marts offer them a Better shopping experience – Value via deals & offers, Variety with a wider assortment, and convenience, empowering them with a wide range of choices to make their own selection in a safe, clean environment just like their tier 1 cities counterparts.

    We also have a digital app which customers can order from and get home delivery from the Mart. Customers in the rural catchments are connected via a network of micro kiranas connected to each Frendy Mart and a digital app for customers. This omnichannel approach allows them to experience digital commerce with the assistance, trust & assurance of the micro kirana entrepreneur.

    Tanay Sharma, Co-Founder & COO, CITTA

    Tanay Sharma, Co-Founder & COO, CITTA
    Tanay Sharma, Co-Founder & COO, CITTA

    At CITTA, our business model is centered on a simple mantra, i.e., delivering exceptional value through premium and high-quality skincare products for babies. Our gentle formulations offer long-term and sustained results, outperforming any standard skincare product. Our key elements include the use of natural blends and ECOCERT/ COSMOS Organics-certified ingredients that amalgamate traditional wisdom with modern science.

    Doctors frequently recommend our products due to the stringent standards of safety and efficacy we undergo. We prioritize 100% transparency by clearly listing all ingredients on our labels; ensuring parents know exactly what they’re applying to their baby’s skin. The commitment to quality, safety, and efficacy helps us stand out in this crowded skincare industry.

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    Kannav Thukral, Managing Director, Blackzone Mobiles

    Kannav Thukral, Managing Director, Blackzone Mobiles
    Kannav Thukral, Managing Director, Blackzone Mobiles

    There are 4 main elements:

    • Product Design: High-performance hardware, user-friendly software, sleek aesthetic design catering to diverse preferences of customers. Example: We have Big Keypad phones, Card Phones along Flip Phones in our range
    • Customer-Centric Features: Our new keypad models come with support for WhatsApp and Youtube
    • Affordability and Value for Money
    • After Sales Customer Support

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  • Jio Financial Services: Transforming the Indian Financial Sector

    Jio Financial Services collaborates with BlackRock to revolutionize wealth management and stockbroking in India, making significant strides in the financial sector.

    Jio Financial Services, the financial arm of Reliance Industries, has recently tied up with US-based BlackRock to make significant strides in stockbroking and wealth management.  

    The company announced a significant agreement last month, signing with BlackRock Inc and BlackRock Advisors Singapore Pte Ltd to establish a 50:50 joint venture (JV) dedicated to launching a wealth management and broking business in India.

    Jio Financial Services’ partnership with BlackRock, the world’s largest asset manager, is poised to revolutionize the way Indians access and manage their wealth, marking a significant milestone in the evolution of the country’s financial ecosystem. Notably, this marks the second collaboration between Jio and BlackRock, following their successful launch of an asset management venture last year.

    With this new partnership, both entities are poised to further strengthen their presence in India’s financial landscape, leveraging their combined expertise to offer innovative solutions tailored to the evolving needs of Indian investors.

    This article delves into the game-changing influence of Jio Financial Services and how it is revolutionizing the financial landscape. Jio Financial Services has emerged as a key player in the market, reshaping the way people access and manage their finances.

    Jio Financial’s Role in Revolutionizing the Financial Landscape
    Jio Financial Share Price and Its Significance
    Exploring the Services Offered by Jio Financial
    Jio Fin’s Competitive Advantage in the Market

    Jio Financial’s Role in Revolutionizing the Financial Landscape

    Jio Financial’s entry into the financial industry has been nothing short of revolutionary. By leveraging technology and digital platforms, Jio Financial has disrupted traditional financial practices and introduced a new era of convenience and accessibility. With its user-friendly interface and seamless integration, Jio Financial has made financial services more accessible to the masses, breaking down barriers and empowering individuals to take control of their financial future.

    Jio Financial Services Ltd (JFSL) was incorporated in July 2023. JFSL is a NBFC registered with the Reserve Bank of India. The company is a holding company and will operate its financial services business through its consumer-facing subsidiaries namely Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL), and joint venture namely Jio Payments Bank Limited (JPBL).

    Jio Financial Services is redefining the way people engage with banking, investing, and wealth management. Through its collaborative ventures, like the recent equal joint venture with BlackRock in stockbroking and wealth management, the company is not just expanding its offerings, but also setting new standards for transparency, accessibility, and customer-centricity in the financial sector.

    BlackRock’s deep understanding of global markets, combined with Jio Financial’s local insights and digital prowess, creates a potent combination that promises to unlock new opportunities and drive unprecedented growth in India’s financial sector.

    By leveraging BlackRock’s world-class asset management capabilities, Jio Financial aims to offer a wide range of investment products and wealth management solutions designed to cater to the needs of both retail and institutional investors.

    Jio Financial Services Ltd's Investor Presentation
    Jio Financial Services Ltd’s Investor Presentation

    One of the key areas of focus for the partnership will be the expansion of Jio Financial’s stockbroking and wealth management business. With India witnessing a surge in Demat accounts and a growing appetite for investment opportunities, the timing couldn’t be more suitable for JioFin and BlackRock to join forces and tap into this burgeoning market.

    In March 2024, India’s financial landscape witnessed a historic moment as the total number of demat accounts surpassed the 15 crore mark for the first time. This milestone, driven by sustained bullish momentum in the Indian market, reflects the growing interest and participation of investors in the country’s capital markets.

    According to Motilal Oswal Financial Services, a leading domestic brokerage house, the total number of demat accounts surged to 15.1 crores in March 2024. 

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    Jio Financial Share Price and Its Significance

    The share price of Jio Financial has been a topic of interest for investors and financial analysts alike. 

    The soaring share prices of Jio Financial reflect the market’s confidence in its potential and growth prospects. 

    Should You Invest In RIL & JIO FIN Shares After Q4 Earnings?

    Jio Financial Services stock soared to an unprecedented all-time high of Rs 394.70 per share on April 23, surpassing its previous record peak of Rs 384.85 per share. In the past one month, JioFin share has touched a peak of Rs 394.70 and reached a low of Rs 351. This surge underscores the remarkable momentum the stock has gathered in recent months.

    On May 2, Jio Financial Services closed at 0.78% up at Rs 379.85 per share on the National Stock Exchange. 

    On May 2, at 2328 IST, BlackRock shares were trading at 0.56% up at Rs 755.85 per share on the New York Stock Exchange.

    As more people recognize the value and convenience offered by JioFin’s services, the demand for its shares has skyrocketed. This surge in share price signifies the market’s belief in Jio Fin’s ability to revolutionize the financial sector and create substantial value for its investors.

    We at StartupTalky spoke to financial expert Gaurav Goel, a SEBI Registered Investment Adviser on the current surge in Jio Financial services share price and his outlook about the company.

    Considering the recent surge in Jio Financial Services’ share price, what factors are driving investor confidence in the company?

    Mr. Goel: The recent surge in the stock price of Jio Financial Services is a reflection of the possibilities in the business model of the company. It is expected to disrupt the existing business models, use technology as a fulcrum, and provide seamless execution across the board. Backed by one of the most powerful and richest business groups in India, this NBFC has been created to provide a one-stop financial services company in the country. This includes payment services, insurance broking, and a newly formed 50:50 joint venture with Blackrock to enter the asset management business in India. 

    With the expansion of Jio Financial Services into stockbroking and wealth management through its joint venture with BlackRock, how do you assess the potential benefits for investors?

    Mr. Goel: Blackrock is one of the biggest investment management companies across the globe, founded in 1988. It manages around 10 trillion dollars in assets (AUM) across a diverse range of equities, fixed income, and money market instruments with sound risk management practices. Their flagship product ‘Alladin’ has been a global disrupter in the financial space. They are not new to India either, having partnered with DSP earlier, but exited the business in 2018. Blackrock is known for its innovative investment strategies, technology-enabled products, and use of data analytics to run its business.

    Their venture with Jio Financial is likely to be pathbreaking. They plan to invest up to USD 150 million each and create ripples in the 500-billion-dollar (and growing) asset management industry in India. While Blackrock will leverage its strength of asset management, Jio Financial will use its network and resources to reach out to millions of people across the country.

    While the partnership looks attractive and the promise of disruptive delivery is exciting, it won’t be a cakewalk. A low-cost disruption like telecom won’t be easy due to regulatory challenges in the industry. Competition is well-established and intense and existing players will not give up that easily.

    In what ways do you think Jio Financial Services’ innovative approach is reshaping traditional banking and investment practices in India?

    Mr. Goel: The key differentiation lies in the use of technology, a comprehensive platform with a complete suite of products, risk management capabilities, financial muscle, use of existing network, and world-class strategic partnerships. The disruptor tag would ensure that it’s not taken lightly by other major players in the industry.

    Jio Financial Services Financial Results
    Jio Financial Services Financial Results

    V.L.A. Ambala, a Research Analyst (SEBI Registered), and Co-founder of Stock Market Today (SMT) spoke to StartupTalky and commented on the company’s prospects.

    As a research analyst, how would you advise investors to evaluate Jio Financial Services’ stock and its potential for long-term growth?

    Mr. Ambala: My advice for those interested in Jio Financial Services’ stock would be to assess its potential for long-term growth and factor in its fundamentals to make an informed choice. For instance, the company’s recent collaboration with global giant BlackRock for JioFin development adds substantial credibility to the stock. Additionally, JioFin has delivered substantial returns since its listing, indicating promising growth prospects. Hence, I hold a bullish view of this stock. However, I would recommend individuals approach this stock with a long-term mindset, aiming for a holding period of 9 to 35 months to capitalize on its potential. 

    For those seeking short-term gains, caution is advised as the stock is currently trading in the overbought zone. So, investors may consider investing in parts or waiting for a dip before entering the market. A strategy for averaging could involve monitoring the 50-day Exponential Moving Average (EMA) and adding lump sums at the 200-day EMA to mitigate risks and maximize returns.

    How do you interpret Jio Financial Services’ strategy of offering a wide range of financial services, including banking, insurance, wealth management, and digital payments, under one platform?

    Mr. Ambala: Jio Financial Services’ strategy of offering an array of financial services under one platform mirrors its parent company Reliance Group’s approach to market dominance. Leveraging the parent company’s reach, Jio Financial Services aims to disrupt the financial services landscape in India. The business house’s strategy involves identifying profitable sectors, entering them, and swiftly acquiring a significant market share through aggressive means. We have seen this kind of approach work in past ventures like Jio Telecommunications and Reliance Retail. 

    In India, with a large population of skilled yet unemployed individuals, there is a notable demand for earning opportunities. Increased awareness and internet accessibility have further fueled the demand for financial services, especially in Tier 3 and Tier 4 cities. While Jio Financial Services initially may offer freebies to attract users and build a substantial user base, the long-term strategy involves implementing competitive pricing policies. While such tactics are common in business, concerns about their impact on small businesses persist. 

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    With Jio Financial Services’ focus on digital-first operations and partnerships like BlackRock, what implications do you see for the broader financial industry in India?

    Mr. Ambala: Jio Financial Services’ emphasis on digital-first operations and strategic partnerships like BlackRock could have significant implications for the broader financial industry in India. While small businesses in the financial sector may face challenges competing with giant entities, some may merge or collapse under intense pressure. However, partnerships like the one with BlackRock may bring more opportunities and technological support for traders and the investing community.

    For instance, such associations could lead to the introduction of more advanced technologies and smart financial tools, enhancing the accessibility of financial services in India. Such developments could also help democratize access to investment opportunities and further empower individual investors. I also hope that the infusion of expertise from global financial giants could elevate industry standards and practices.

    Exploring the Services Offered by Jio Financial

    Jio Financial Services Ltd's Investor Presentation
    Jio Financial Services Ltd’s Investor Presentation

    Jio Financial Services offers a comprehensive range of financial products and services tailored to meet the diverse needs of its customers. Here’s an overview of some key services provided by Jio Financial:

    • Banking Services: Jio Fin provides digital banking solutions, including savings accounts, current accounts, and fixed deposits. Through its user-friendly mobile app and online platform, customers can conveniently manage their banking transactions, payments, and transfers.
    • Investment and Trading: With its foray into stockbroking, Jio Fin enables customers to invest in equities, derivatives, mutual funds, and other financial instruments. Through its intuitive trading platform, investors can access real-time market data, research reports, and analytical tools to make informed investment decisions.
    • Wealth Management: Jio Fin offers personalized wealth management services aimed at helping clients grow and preserve their wealth over the long term. This includes portfolio management, financial planning, retirement planning, and estate planning tailored to individual goals and risk profiles.
    • Insurance Solutions: Jio Fin provides a range of insurance products, including life insurance, health insurance, and general insurance, to help customers mitigate various risks and protect their financial well-being.
    • Digital Payments and Transactions: Leveraging its digital infrastructure, Jio Fin facilitates seamless digital payments, including bill payments, mobile recharges, and online purchases. It also offers a range of payment solutions for businesses, including POS terminals and digital invoicing.
    • Loan Products: Jio Fin offers a variety of loan products, such as personal loans, home loans, and vehicle loans, to cater to the financing needs of individuals and businesses. Its streamlined application process and competitive interest rates make borrowing hassle-free for customers.

    Overall, Jio Financial Services aims to revolutionize the financial landscape. By providing a seamless and integrated experience, Jio Fin has simplified financial management for individuals and businesses, making it easier than ever to navigate the complex world of finance.

    Jio Fin’s Competitive Advantage in the Market

    One of the key factors behind Jio Fin’s success is its competitive advantage in the market. With its extensive network and vast customer base, Jio Fin has a strong foundation to build upon.

    Jio Financial Services Investor Presentation
    Jio Financial Services Investor Presentation

    Additionally, Jio Fin’s strategic partnerships and collaborations with other industry players have further strengthened its position in the market. By leveraging its brand reputation and technological prowess, Jio Fin has positioned itself as a formidable competitor, challenging traditional financial institutions and shaping the industry’s future.

    • Strong Digital Infrastructure: Jio Fin benefits from Jio’s robust digital ecosystem, allowing for seamless online operations and customer interactions.
    • Cost Efficiency: By operating primarily online and without physical branches, Jio Fin significantly reduces overhead costs compared to traditional banks.
    • Innovative Technology: Jio Fin leverages cutting-edge technology to streamline processes, offer personalized services, and stay ahead of the curve in digital finance.
    • Extensive Reach: With Jio’s widespread network across urban and rural areas, Jio Fin can reach a vast customer base, including underserved segments of the population.
    • Strategic Partnerships: Collaborations with global financial players like BlackRock enhance Jio Fin’s product offerings and capabilities, giving it a competitive edge in the market.
    • Customer-centric Approach: Jio Fin prioritizes customer experience, offering tailored solutions and proactive support, thereby building strong loyalty and retention among its clientele.
    • Agility and Adaptability: Jio Fin’s nimble operations and agile decision-making enable it to respond quickly to market changes and customer needs, staying ahead of competitors.
    Jio Financial Services Investor Presentation
    Jio Financial Services Investor Presentation

    Conclusion

    The future of Jio Financial Services looks promising, with immense potential for growth and expansion. As more individuals and businesses embrace digital financial services, Jio Fin is well-positioned to capture a significant market share. 

    1. Market Expansion: Jio Fin is set to capitalize on India’s growing demand for digital financial services. With its innovative approach and digital infrastructure, it can reach both urban and rural markets effectively.
    2. Product Diversification: Jio Fin aims to expand its offerings beyond traditional banking and investments. By introducing new fintech solutions and insurance products, it can cater to a wider range of customer needs.
    3. Technological Advancements: Jio Fin’s commitment to advanced technology will enhance customer experiences and streamline processes. Investments in artificial intelligence (AI), data analytics, and blockchain will keep it ahead in the market.
    4. Strategic Partnerships: Collaborations with global financial institutions will accelerate Jio Fin’s expansion into new markets and introduce cutting-edge financial products.
    5. Customer-Centric Focus: Jio Fin’s dedication to customer satisfaction remains key. Personalized services, responsive support, and transparent pricing will foster lasting customer relationships.

    With its customer-centric approach and continuous innovation, Jio Fin is poised to introduce new features and services that will further enhance its value proposition. As the financial landscape continues to evolve, Jio Fin is likely to play a pivotal role in shaping the future of finance.

    FAQs

    What services will the new joint venture between Jio Financial Services and BlackRock offer?

    The joint venture aims to establish a wealth management and broking business in India. This venture will likely offer a range of financial services, including investment advice, portfolio management, trading, and potentially other wealth management solutions tailored to the Indian market.

    How will the partnership between Jio Financial Services and BlackRock benefit customers?

    Customers can expect to benefit from the combined expertise and resources of both companies. With BlackRock’s global reputation and Jio’s extensive digital infrastructure, the partnership may offer innovative financial products, personalized services, and enhanced access to investment opportunities, ultimately aiming to empower customers to achieve their financial goals more effectively.

    What are the key services provided by Jio Financial?

    The key services provided by Jio Financial include banking services, investment and trading, wealth management, insurance solutions, digital payments and transactions, and loan products.

  • What Is Distributed Workforce and How to Manage It | Key Features & Benefits

    In recent years, many companies have started embracing a new work model known as a distributed workforce. This shift has been further accelerated by the global COVID-19 pandemic, which has forced organisations to adapt and find innovative ways to keep their operations running smoothly. In this comprehensive guide, we will explore the concept of a distributed workforce, its key features, and benefits as well as provide practical tips for effectively managing this type of team.

    Understanding the Distributed Workforce
    Key Features of a Distributed Workforce
    Benefits of a Distributed Workforce
    Managing Your Distributed Workforce Effectively

    Understanding the Distributed Workforce

    A distributed workforce, also referred to as a blended work model, is a work arrangement where a company intentionally hires employees across different geographical locations instead of a single designated office. This model allows businesses to tap into a global talent pool and expand their operations beyond traditional boundaries. It is important to note that a distributed workforce is not the same as remote work, although the two concepts are often used interchangeably.

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    Key Features of a Distributed Workforce

    A distributed workforce comprises several important elements that make up its unique structure:

    1. Geographic Distribution

    The geographic dispersion of employees is a fundamental aspect of a distributed workforce. It enables companies to establish a greater international presence, access talent beyond borders, and align with their strategic objectives.

    2. Find the Right Tools

    An efficient network infrastructure is crucial for maintaining seamless collaboration and connectivity among distributed team members. It encompasses the hardware and software that facilitate communication, file sharing, and task management, ensuring that employees can work together regardless of their location.

    3. Satellite Tools

    In addition to remote work, many distributed workforces have satellite offices in various locations. These offices serve as additional branches and provide employees with physical workspaces when needed. They can also help reduce costs and provide a more localized presence.

    4. Work-From-Home/Field Service Policy

    A well-defined work-from-home or field service policy is essential for distributed workforces. It ensures that employees have clear guidelines on how to effectively carry out their responsibilities outside of traditional office settings. This policy should address aspects such as communication protocols, work hours, and performance expectations.

    5. Domestic and International Dispersed Employees

    Distributed workforces consist of employees dispersed across both domestic and international locations. This diversity allows companies to tap into a wide range of skills and expertise, fostering innovation and global perspectives.

    Key Performance Indicators of Projects
    Key Performance Indicators of Projects

    Benefits of a Distributed Workforce

    The distributed workforce model offers numerous benefits for both companies and employees. Let’s explore some of the key advantages:

    1. Cost Savings

    One of the primary attractions of a distributed workforce is the cost savings it offers companies. By reducing the need for centralised office space, businesses can minimise expenses related to rent, utilities, and office equipment. Additionally, hiring talent from different locations can help lower labor costs and reduce turnover rates.

    2. Flexibility and Work-Life Balance

    Distributed workforces provide employees with greater flexibility and work-life balance. By eliminating long commutes and offering remote work options, companies can improve employee satisfaction and well-being. This, in turn, leads to higher retention rates and increased productivity.

    3. Access to Global Talent

    Embracing a distributed workforce allows companies to tap into a global talent pool. By hiring employees from different regions and cultures, organisations can bring diverse perspectives and skills to their teams. This diversity fosters innovation and creativity, driving the company’s success in an increasingly interconnected world.

    4. Reduced Carbon Footprint

    With fewer employees commuting to a central office, distributed workforces contribute to a significant reduction in carbon emissions. This environmentally friendly approach aligns with sustainability goals and demonstrates the company’s commitment to social responsibility.

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    Managing Your Distributed Workforce Effectively

    While the distributed workforce model offers numerous advantages, managing such a team requires careful planning and effective strategies. Here are some key tips for successfully managing your distributed workforce:

    1. Find the Right Tools

    To ensure seamless collaboration and communication, invest in the right network infrastructure and work management software. This includes robust IT systems, such as intrusion protection, routers, gateways, and firewalls, to maintain secure connectivity. Additionally, consider using task management software, like Inch, to optimise workflow efficiency and keep everyone on the same page.

    2. Over-communicate

    Clear and frequent communication is vital for distributed teams. Frequently communicate with your team members to ensure everyone is on the same page and understands their tasks and goals. One should encourage open dialogue and create a supportive environment where employees feel comfortable asking questions and seeking clarification. Regular check-ins and team meetings can help facilitate effective communication and address any concerns or challenges.

    3. Opt For Video Communication

    Video communication is a powerful tool for managing a distributed workforce. It allows for face-to-face interactions, fostering a stronger sense of connection and collaboration among team members. One should prioritise video calls over emails or phone calls whenever possible to ensure effective communication and maintain a human touch in virtual interactions.

    4. Schedule Regular Meetings

    Regular team meetings are essential for keeping the distributed workforce aligned and engaged. These meetings can serve various purposes, such as project updates, brainstorming sessions, or team-building activities. Establish a consistent schedule for these meetings and encourage active participation from all team members. Additionally, consider organizing virtual social events to foster team bonding and maintain a sense of camaraderie.

    5. Foster Employee Wellness

    Prioritise the well-being of your distributed workforce by promoting work-life balance and employee wellness initiatives. Encourage employees to take breaks, practice self-care, and maintain a healthy work routine. Provide resources and support for mental health and stress management, ensuring that employees feel supported and valued.

    6. Set Clear Expectations

    Establish clear expectations and guidelines for your distributed team members. Define communication protocols, work hours, and performance metrics. Ensure that everyone understands their roles and responsibilities, as well as the company’s overall objectives. By setting clear expectations, you can align your team’s efforts and maintain a cohesive work environment.

    7. Promote a Strong Company Culture

    Even in a distributed workforce, it is essential to foster a strong company culture. Find ways to recognise and appreciate your team members’ contributions, whether through virtual celebrations, employee spotlights, or rewards and recognition programs. One should encourage collaboration, teamwork, and a sense of belonging among team members. Regularly communicate the company’s values and mission to ensure that everyone feels connected and motivated.

    Conclusion

    The distributed workforce model represents a paradigm shift in the future of work. By inculcating this innovative approach, companies can tap into a global talent pool, reduce costs, and promote employee well-being. However, effectively managing a distributed workforce requires careful planning, clear communication, and the right tools. By implementing the tips and strategies outlined in this guide, you can successfully navigate the challenges and unlock the full potential of your distributed team. This is the future of work, this is the distributed workforce.

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    FAQs

    What is distributed Workforce?

    A distributed workforce, also referred to as a blended work model, is a work arrangement where a company intentionally hires employees across different geographical locations instead of a single designated office.

    How does a distributed workforce foster innovation?

    Distributed workforces consist of employees dispersed across both domestic and international locations. This diversity allows companies to tap into a wide range of skills and expertise, fostering innovation and global perspectives.

    How to manage a distributed team?

    Some key tips for successfully managing your distributed workforce include:

    • Find the right tools
    • Over-communicate
    • Opt for video communication
    • Schedule Regular Meetings
    • Foster employee wellness
    • Set clear expectations
    • Promote a Strong Company Culture

  • World Environment Day Spotlight: How Companies’ Sustainable Technologies Are Impacting the Environment

    On World Environment Day, celebrated annually on June 5, to encourage global awareness and action for environmental protection, StartupTalky reached out to various companies dedicated to sustainability to understand how their technologies are making a positive impact on the environment.

    By asking how various companies’ technology is making a difference in the environment, we aimed to gather real-world examples and case studies showcasing their contributions. Here are their insightful responses, highlighting innovative solutions and benefits for our planet.

    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions
    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited
    Mitull Batraa, Co-founder, Udaan E-Vehicles
    Kishan Karunakaran, CEO, Buyofuel
    Devndra Chawla, CEO and MD, GreenCell Mobility
    Ankit Mathur, Co-Founder, Greenway Grameen
    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.
    Ravi Kaushik, Founder and CEO, AiRTH
    Utkarsh Singh, Co-founder and CEO, BatX Energies
    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.
    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air
    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.

    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions

    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions
    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions

    At BioPrime, through our ahead of the times research & development in ag-Biologicals, we have developed biological solutions capable of empowering farmers with safe, natural & sustainable products. Our solutions are based on the patented SNIPR platform, which is a sophisticated technology aimed at extracting nature-friendly biomolecules. Our process is based on the concept of the interconnectedness of nature & its symbiotic relationship with healthy microbes. With over 10 years of research, we have developed an effective range of Biologicals capable of enhancing plant resilience, promoting nutrient uptake, and combat pathogens.

    The development of these biological products is a formidable alternative, assuring safe, residue-free produce with the assurance of maximum yields. Contrary to the traditional chemical & synthetic agri-input products, our biological products leave a negligible impact on the environment & human health reducing the risk of harmful residues in the produce or the environment.

    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited

    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited
    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited

    We embrace sustainable farming practices that protect our environment. By monitoring soil health, crop health and water usage, farmers and agricultural stakeholders can optimize their practices and contribute to a more sustainable future.

    A farmer from Kakinada in the Kolar District of Karnataka was facing the potential loss of his crop yield. Struggling to determine whether the issue stemmed from pests, diseases, soil nutrient deficiencies, or lack of soil moisture, he was uncertain about which chemicals to use for pests and diseases or how much nutrients to apply. As a result, he continued to invest heavily in fertilizers and pesticides without finding an optimal solution. However, after successfully implementing our technology, he identified a nitrogen deficiency as the root problem. By applying the precise amount of fertilizer needed, he learned to invest wisely in inputs instead of overspending on unnecessary pesticides, fungicides, and fertilizers.

    This approach not only reduced his overall costs but also protected the soil from over-fertilization, harmful chemicals, and excessive irrigation, making every drop count. This sustainable growth model inspires us to further our efforts in environmental protection and sustainability.

    Mitull Batraa, Co-founder, Udaan E-Vehicles

    Mitull Batraa, Co-founder, Udaan E-Vehicles
    Mitull Batraa, Co-founder, Udaan E-Vehicles

    Our company’s technology makes a significant positive impact on the environment by focusing on the recycling of key components of e-rickshaws, especially their batteries. For lead-acid batteries, we implement safe extraction processes to recover and reuse lead, thereby preventing potential environmental hazards. In the case of lithium-ion batteries, which are becoming more common, we employ sophisticated recycling methods to recover valuable metals such as lithium, cobalt, and nickel. This not only minimizes environmental impact but also promotes a circular economy by reusing these materials in the production of new batteries.

    Moreover, we ensure that other components of e-rickshaws, including metal frames and plastic parts, are recycled using standard methods. The comprehensive recycling of e-rickshaws is crucial to reducing their environmental footprint and ensuring the sustainability of electric vehicles throughout their lifecycle. Our efforts are supported by government regulations and industry initiatives that promote responsible recycling practices, further enhancing the positive environmental impact of our technology.

    Kishan Karunakaran, CEO, Buyofuel

    Kishan Karunakaran, CEO, Buyofuel
    Kishan Karunakaran, CEO, Buyofuel

    Buyofuel addresses the challenges in the current regime by leveraging technology to bring transparency and efficiency to the biofuels and waste supply chain. The platform digitizes the entire B2B transaction process, providing visibility from enquiry generation to payment and delivery. This digitization enhances transparency and security, contributing to the credibility of the informal biofuels sector. Buyofuel’s focus on all types of biofuels and wastes distinguishes it from other online platforms that often lack sectoral expertise.

    The architecture of Buyofuel is designed to be a comprehensive and efficient solution for digitizing the biofuels and waste supply chain. A robust and scalable database system is crucial for storing and managing vast amounts of data related to biofuels, waste transactions, user profiles, and more. This ensures quick retrieval and updates.

    What sets Buyofuel apart in terms of environmental impact is its sustainability dashboard and database. These tools calculate the carbon footprint of every transaction, enabling businesses to make informed decisions about their environmental impact. Since its inception, Buyofuel has replaced a remarkable 85,000+ metric tons of traditional fuels with biofuels and supplied over 50,000+ metric tons of various wastes for recycling and repurposing.

    This concerted effort has led to a substantial decrease in carbon emissions, mitigating around 100,500+ metric tons of CO2. Overall, Buyofuel’s technology is making a tangible difference in the environment by promoting the adoption of biofuels, reducing waste, and empowering businesses to make eco-conscious decisions through data-driven insights.

    Devndra Chawla, CEO and MD, GreenCell Mobility

    Devndra Chawla, CEO and MD, GreenCell Mobility
    Devndra Chawla, CEO and MD, GreenCell Mobility

    GreenCell Mobility is building a pioneering platform to provide Electric Mobility-as-a-Service (eMaaS) with electric buses and delivering the core value proposition of non-polluting on-demand shared transportation for intra-city travel, as well as inter-city travel with our brand NueGo. We are also developing charging infrastructure and enabling the entire e-mobility value chain, thereby reducing dependence on fossil fuel, and decreasing greenhouse gas emissions which are harmful to the environment.

    Our electric buses are 100% electric, noiseless, and have avoided over 1,30,000 T Kg of CO2 tailpipe emissions. These efforts underscore our real commitment towards climate change and transforming India’s electric transportation landscape.

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    Ankit Mathur, Co-Founder, Greenway Grameen

    Ankit Mathur, Co-Founder, Greenway Grameen
    Ankit Mathur, Co-Founder, Greenway Grameen

    The Greenway cookstoves use the Company’s patented combustion technology that reduces the consumption of biomass by 65% and emissions by 70%. With a remarkable efficiency of over 35%, the cookstoves offer a unique solution for cleaner cooking whilst reducing the harmful effects of household air pollution (HAP).

    Our surveys have revealed that with the use of cookstoves, the women are able to save 1-2 hours of daily cooking time and about 2-3 hours of time spent in collecting wood. The women use this time to work in the fields or spend quality time with their children or learn a new skill for income opportunities.

    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.

    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.
    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.

    The biggest resistance to the adoption of decarbonization in the industry has been the financial viability, which is where carbon trading comes in. EKI is one of the largest developers and suppliers of carbon credits globally, which means it works on encouraging decarbonization for polluting industries in a phased manner while facilitating funds for projects that avoid or absorb carbon emissions. We connect businesses and individuals to projects that reduce greenhouse gases, like renewable energy or afforestation. This allows them to offset their emissions. By making companies consider offset costs, EKI indirectly encourages them to decarbonize. Specific examples of campaigns and projects aimed at absorbing or avoiding carbon emissions, undertaken by EKI.

    • EKI’s clean cooking initiative has revolutionized the way underprivileged kitchens operate, making them more environmentally friendly. By replacing traditional smoky mudstoves, which are prevalent in rural and tribal regions of India and Africa, with improved cookstoves provided at no cost to beneficiaries, EKI has significantly alleviated the burden of firewood collection, economic challenges, and health issues caused by smoke. This initiative has also prevented millions of tonnes of carbon emissions, as improved cookstoves with better designs enable complete combustion of fuel, hence increasing the efficiency, subsequently resulting in less emissions than traditional mud stoves and also reduced deforestation.
    • Additionally, EKI, in collaboration with state-owned IOCL, has started manufacturing Surya Nutan, an indoor solar cooking device. We have also initiated a pilot program to distribute these solar-powered devices for free to underprivileged communities in India, promoting 100% clean energy for cooking – which means zero smoke in the kitchens and zero emissions.
    • EKI is actively involved in the research and production of biofuels through its subsidiary, GHG Reduction Technologies. Their initiatives include the establishment of Oorja Biogas plants and bio briquette manufacturing plants, contributing to sustainable energy solutions.
    • Through Amrut Nature Solutions, EKI has undertaken various afforestation projects to conserve vast tracts of land and their biodiversity. They offer solutions, consultation, and services for sustainable farming, farmland protection, forestation, and the cultivation of wetlands and grasslands. These best practices support emissions reduction and promote environmental sustainability.

    Ravi Kaushik, Founder and CEO, AiRTH

    Ravi Kaushik, Founder and CEO, AiRTH
    Ravi Kaushik, Founder and CEO, AiRTH

    Airth’s air purifying technology is making a significant difference in the environment by improving air quality, reducing health risks, and contributing to broader environmental sustainability efforts. Here are several ways this impact can be realized:

    Reduction of Air Pollutants

    Particulate Matter (PM) Removal: Airth’s advanced air purifiers filter out harmful particulate matter (PM2.5 and PM10) from the air. This helps reduce pollution levels in urban and industrial areas, contributing to cleaner and healthier air.

    Biological Contaminant Control: Airth’s Green Coated HEPA filter technology effectively neutralizes biological contaminants such as bacteria and viruses, creating a safer living and working environment.

    Improving Public Health

    Reducing Respiratory Issues: By removing pollutants that can cause or exacerbate respiratory issues such as asthma and bronchitis, Airth air purifiers contribute to better respiratory health, especially in children and the elderly.

    Lowering Disease Transmission: In public spaces, schools, and hospitals, Airth air purifiers help reduce the transmission of airborne diseases by filtering out pathogens, thus contributing to public health safety.

    Supporting Sustainable Practices

    Energy-Efficient Designs: Airth’s advanced air purifiers are designed to be energy-efficient, consuming less power while maintaining high performance. This helps reduce the overall carbon footprint.

    Case Study: Airth Air Purification in India Post Payments Bank, New Delhi

    Project: Airth installed its air purification systems in the IPPB New Delhi office in Feb’2024 to tackle poor indoor air quality caused by pollutants.

    Impact: The implementation resulted in a noticeable decrease in pollutants such as PM2.5 and CO2. The PM2.5 in the office used to trend in the range of 400-450 before Airth intervention, which came down to 30-40 after installation. Similarly, CO2 concentration, which was earlier in the range of 2000-2500 PPM, improved significantly to 500-550 PPM. Employees reported experiencing fresher air and fewer respiratory issues, contributing to a more productive and healthier work environment.

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    Utkarsh Singh, Co-founder and CEO, BatX Energies

    Utkarsh Singh, Co-founder and CEO, BatX Energies
    Utkarsh Singh, Co-founder and CEO, BatX Energies

    BatX Energies leverages Hydro+Electro technology to recycle lithium-ion batteries, achieving a 97.5% recovery rate and significantly reducing CO2 emissions. By supporting India’s Net Zero 2070 initiative, the company contributes to the circular economy and aligns with India’s Critical Mineral Policy and Battery Waste Management Law. BatX’s sustainable practices reduce landfill waste and ensure a reliable supply of critical minerals, fostering a greener future.

    A successful case study of  Batx includes recycling 2,500 metric tons of batteries in the last 18 months, pushing back 2000 Mts of valuable materials back into the supply chain, and substantially cutting greenhouse gas emissions equivalent to approximately  130,000 kgs of CO2 and 5,909 trees would need to be planted.

    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.

    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.
    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.

    Pluss Advanced Technologies leverages PCM solutions to enhance energy efficiency and reduce environmental impact. From PCM-enhanced refrigeration and HVAC systems for commercial applications that cut energy consumption by 20%, thereby lowering carbon footprints to solutions for storage and transport of perishable items (Agricultural produce, frozen foods, vaccines etc.) which reduces food spoilage by 30%, ensuring fresh produce reaches markets while reducing active cooling methods which are generally higher in emissions and costs; Pluss has a varied range of sustainable cooling technologies that span across industries.

    Due to the harsh summers, the country is facing, Pluss has also succeeded in making PCM cooling vests for outdoor workers to have improved comfort and productivity, decreasing the need for energy-intensive cooling solutions. These initiatives demonstrate Pluss’s commitment to sustainable technology, showcasing tangible benefits in energy conservation and impact on the planet.

    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air

    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air
    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air

    Bry-Air is at the forefront of environmental sustainability with our advanced dehumidification and quality air solutions. Our advanced desiccant dehumidifiers exemplify our commitment to reducing environmental impact. All our products are energy-efficient, which helps industries achieve significant energy savings, thereby reducing their carbon footprint. With the environment deteriorating at a rapid rate, we continuously strive to upgrade and tailor our products to navigate the challenge innovatively.

    Our revolutionary product Air-to-Water Generator, which extracts potable water from ambient air, provides an innovative solution to water scarcity, especially in arid regions. This technology supplies clean water and reduces reliance on traditional water sources, conserving valuable natural resources.

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    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.

    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.
    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.

    Annually, India generates approximately 500 million tonnes of agricultural waste and of this, nearly 200 million tonnes are left unused and often burned, emphasising the untapped potential for biofuel conversion. The conversion of agri-waste to biofuels facilitates the cycle of waste to wealth which not only mitigates environmental damage but also provides economic benefits to farmers and rural entrepreneurs.

    Biofuels, particularly solid biofuels like briquettes and pellets, produce fewer particulate emissions compared to fossil fuels. It is also considered to be more carbon-neutral because the carbon dioxide (CO2) they emit when burned is offset by the CO2 absorbed by the plants during their growth. This helps in reducing the overall greenhouse gas emissions compared to fossil fuels and lowers the levels of particulate matter in the air, which are major contributors to air pollution.

    Biofuels Junction is actively addressing this by working towards converting agricultural waste, like cotton stalks, paddy stubble, soya husk which are traditionally burnt, into sustainable biofuel. Leveraging technology to establish an IT-enabled supply chain platform in the biofuels industry is critical for optimizing supply-demand dynamics.

    The innovative IT platform developed by Biofuels Junction connects over 1200 suppliers in the biofuels industry to industrial buyers to replace the usage of fossil fuels in boilers to generate energy.  It leverages Artificial Intelligence and Machine learning for various functions related to biofuels and agricultural residue trading and settlement to optimize the entire supply chain. This includes route optimization, quality-based rates and payments, inventory management, and demand forecasting.

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  • Making India Greener: How Companies Aim to Improve the Environment This World Environment Day

    In celebration of World Environment Day 2024, the largest international event for environmental awareness led by the United Nations Environment Programme (UNEP), we reached out to various companies dedicated to sustainability. We asked them about their future plans for sustainable technology in India and how they envision these plans contributing to a greener country. Here are their responses, outlining innovative strategies and anticipated benefits for India’s environment.

    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions
    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited
    Kishan Karunakaran, CEO, Buyofuel
    Devndra Chawla, CEO and MD, GreenCell Mobility
    Ankit Mathur, Co-Founder, Greenway Grameen
    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.
    Ravi Kaushik, Founder and CEO, AiRTH
    Utkarsh Singh, Co-founder and CEO, BatX Energies
    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.
    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air
    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.
    Mitull Batraa, Co-founder, Udaan E-Vehicles
    Vineet Mittal, Director and Co-Founder, Navitas Solar

    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions

    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions
    Dr Renuka Diwan, Co-Founder and CEO, BioPrime AgriSolutions

    Our purpose is From Nature, For Nature, which drives everything we do at BioPrime. Our technology advancement & efforts are based on the same purpose. We are making strides to preserve the rich biodiversity of the country by creating India’s largest microbial library, named Bionexus. So far we have collected more than 17000+ microbial strains from 400 different locations across the country to learn their behavior for the benefit of the Indian agricultural ecosystem.

    We are also deeply concerned about the ill effects of chemical fertilizers on the soil & plant health; to mitigate the risks associated with it, we have commercialized our Nutrient Use Efficiency [NUE] technology based on Bionexus. NUE will enable farmers to reduce the dose of chemical fertilizers without compromising on the crop yields, we are committed to advance our NUE offerings related to N, P & K nutrients in the near future.

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    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited

    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited
    Dr. Sat Kumar Tomer, Founder and CEO, Satyukt Analytics Private Limited

    Technology plays a crucial role in building a sustainable future. By using our precision agriculture technologies and real-time data, we can conserve resources, reduce pesticides usage,  promote soil conservation and ensure a healthy planet for all.

    Our digital satellite-based carbon monitoring solutions offer improved accuracy, efficiency, transparency, and global coverage for monitoring and managing greenhouse gas emissions. By leveraging advanced satellite data, these systems support eco-friendly decision-making, reduce carbon footprints, and sustainably enhance crop yields, contributing to a greener future.

    Kishan Karunakaran, CEO, Buyofuel

    Kishan Karunakaran, CEO, Buyofuel
    Kishan Karunakaran, CEO, Buyofuel

    Looking ahead, Buyofuel’s vision for sustainable technology in India is anchored in ambitious yet achievable goals. We are committed to substituting over 300,000 metric tons of fossil fuels with biofuels within the next 12 months, which will lead to a substantial reduction of approximately 360,000 metric tons of CO2 emissions. This shift not only contributes significantly to environmental conservation but also sets a precedent for sustainable practices in the fuel industry.

    Additionally, Buyofuel is actively engaging with waste management communities and the agricultural sector, addressing challenges related to general and agri-waste. This holistic approach not only benefits the environment but also creates a positive social impact, paving the way for a better sustainable future.

    Looking further into the future, Buyofuel aims to replace 1% of India’s fuel sales with biofuels within 3-5 years. This strategic goal reflects our commitment to long-term sustainability and our belief in the transformative power of biofuels. India’s significant fuel consumption and waste production present both challenges and opportunities, and we see biofuels as a key solution. By harnessing technology and leveraging our platform’s capabilities, we want to make a substantial contribution towards creating a more resilient and sustainable energy ecosystem in India.

    Devndra Chawla, CEO and MD, GreenCell Mobility

    Devndra Chawla, CEO and MD, GreenCell Mobility
    Devndra Chawla, CEO and MD, GreenCell Mobility

    GreenCell Mobility intends to continue using sustainable technologies to revolutionise India’s mass mobility sector. Our plans include growing our electric bus fleet and charging infrastructure across the country. We want to integrate electric vehicles into everyday life by working with stakeholders and raising public awareness about green transportation.

    Furthermore, our commitment to safety, innovation and efficiency will prompt us to examine the integration of renewable energy and smart fleet management technologies. Collectively, these activities will be critical towards our mission of a cleaner, greener future.

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    Ankit Mathur, Co-Founder, Greenway Grameen

    Ankit Mathur, Co-Founder, Greenway Grameen
    Ankit Mathur, Co-Founder, Greenway Grameen

    Our mission is to provide affordable, accessible and sustainable solutions to 20 million low-income households by 2030. Our focus remains on improving the lives of the rural communities with products that are tech-driven and energy efficient. We have recently launched 2 new models of the cookstoves for smaller families and commercial use respectively. We have plans to introduce more products to improve the daily lives of the communities and scaling our operations.

    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.

    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.
    Manish Dabkara, Chairman and MD, EKI Energy Services Ltd.

    We are poised for significant growth and transformation over the next few years. As per the current govt policies, which is likely to continue with their return, renewable energy transition is in focus, which means there will be more projects generating carbon credits while making India greener as well as generating an economic cushion for this decarbonization journey.

    The government has decided to undertake a massive rooftop solarisation drive, which aligns with our vision of clean energy. Policies for compliance and voluntary carbon trading, along with Green Credits Programme and campaigns like LiFE (Lifestyle For Environment) initiative are going on in full swing, assisting private players like us in undertaking more sustainable projects.

    On the other hand, we also aim to be the pioneers in increasing the contribution of biofuels and bioenergy in India’s green energy transition story. We aim to establish more biogas plants and step-up the production of bio briquettes.

    We intend to leverage the most for the environment with our involvement in organisations like India Clean Cooking Alliance, Carbon Market Association of India, Centre of Excellence (on the lines of LiFE initiative), allying ourselves with the International Energy Agency’s (IEA) vision of universal clean cooking access in Africa, our own clean cooking initiative, under which we have distributed more than 2 million improved cookstoves and also initiated a pilot project for the distribution of indoor solar cooking devices to the underprivileged. This stride is bound to continue in the coming years.

    Ravi Kaushik, Founder and CEO, AiRTH

    Ravi Kaushik, Founder and CEO, AiRTH
    Ravi Kaushik, Founder and CEO, AiRTH

    Airth is working on a three-pronged strategy to contribute to making India greener and healthier through its sustainable air purification technology.

    1. Enhancing Indoor Air Quality in Schools and Hospitals

    We are in the process of installing advanced air purification systems in schools, hospitals, and other critical public buildings across India. Improving indoor air quality in these settings will protect vulnerable populations, including children, the elderly, and patients with pre-existing health conditions, from harmful pollutants, thereby enhancing overall public health.

    2. Public Awareness and Education Campaigns

    Airth is soon launching nationwide campaigns to educate the public on the importance of air quality and the benefits of air purifying technologies. Increased public awareness will drive demand for cleaner air solutions and encourage responsible behaviour regarding pollution, fostering a culture of environmental stewardship.

    3. Promoting Renewable Energy-Powered Air Purifiers

    We are designing and deploying the next versions of Airth air purifiers powered by renewable energy sources like solar and wind. This initiative will reduce the carbon footprint of air purification technology and make it sustainable in areas with limited access to electricity, contributing to India’s green energy goals.

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    Utkarsh Singh, Co-founder and CEO, BatX Energies

    Utkarsh Singh, Co-founder and CEO, BatX Energies
    Utkarsh Singh, Co-founder and CEO, BatX Energies

    Capacity Expansion by 2030:

    BatX Energies plans to significantly expand its recycling capacity to meet the growing demand for battery recycling. By 2030, the company aims to establish multiple facilities across India, increasing its total recycling capacity to 50,000 metric tons per annum (MT/A).

    CO2 Savings:

    With the expanded capacity, BatX Energies expects to save approximately 2.6 million kgs of CO2 emissions by 2030 equivalent to 800 thousand trees planted. This is achieved through their advanced recycling technologies, which significantly reduce the carbon footprint compared to traditional mining and disposal methods.

    Support for Sustainability Goals and EV Policy:

    These initiatives support India’s sustainability goals and EV policy by:

    • Promoting a circular economy through efficient recycling of lithium-ion batteries.
    • Reducing the environmental impact of battery waste.
    • Ensuring a reliable supply of critical minerals for the EV industry.
    • Contributing to India’s commitment to achieving Net Zero emissions by 2070 and enhancing the domestic EV ecosystem.

    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.

    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.
    Samit Jain, Managing Director, Pluss Advanced Technologies Ltd.

    Pluss Advanced Technologies aims to expand its PCM applications, promoting energy efficiency and passive thermal backup across sectors like automotive, textiles, electronics and buildings. They plan to venture into buildings to further enhance green building initiatives, incorporating PCM materials to reduce heating and cooling costs. In textiles, for thermal comfort applications and for electric battery cooling applications with thermal inertia.

    Pluss plans to look at food security in a big way with their PCM solutions for off-grid crop storage, minimizing post-harvest losses. These plans align with India’s sustainable development goals, enhancing quality of life while protecting the environment.

    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air

    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air
    Deepak Pahwa, Chairman, Pahwa Group and Managing Director, Bry-Air

    Looking ahead, Bry-Air is committed to driving sustainability across the world through continuous innovation and strategic partnerships. Our future plans include scaling up the deployment of our air-to-water generators across water-stressed regions throughout the world, aiming to provide a sustainable water source to millions. This initiative not only addresses water scarcity but also aligns with the country’s goals for sustainable development.

    We are also advancing our HVAC solutions by integrating AI and IoT to further optimize energy use in industrial and commercial settings, ensuring minimal energy wastage and maximum efficiency. Our carbon capture technologies are set to play a vital role in reducing greenhouse gas emissions, aligning with India’s goals for achieving net-zero emissions by 2070.

    Moreover, our VOC abatement solutions will continue to support industries in meeting stringent environmental regulations while promoting cleaner air. By partnering with governmental and non-governmental organisations, we aim to implement these materials, sciences, and technologies widely, contributing to a sustainable and green future for the world. Our comprehensive approach ensures that we address multiple environmental aspects, fostering overall ecological well-being.

    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.

    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.
    Ashvin Patil, Founder and Director, Biofuels Junction Pvt Ltd.

    The recent implementation of the Compressed Bio Gas (CBG) mandate has enabled the usage of a wider variety of agricultural residues and waste as feedstock for production. In line with this, Biofuels Junction plans to expand the use of different types of agricultural residues as feedstock for biomass supply to various upcoming CBG plants. This includes commonly burned residues like paddy straw (Parali) as well as corn cobs, cane trash, cotton stalks,  and municipal waste, which are well-suited as feedstocks for CBG. This may greatly help reduce instances of stubble burning and the pollution issue in North India as paddy straw is a well-accepted and proven feedstock for CBG.

    Biofuels Junction is also working towards continually investing and enhancing the IT platform, to further streamline the supply chain, reduce costs, and ensure consistent quality and supply of biofuels. By optimizing the biofuel production, distribution and supply chain processes, Biofuels Junction aims to promote efficiency, sustainability and minimize environmental impact.

    Mitull Batraa, Co-founder, Udaan E-Vehicles

    Mitull Batraa, Co-founder, Udaan E-Vehicles
    Mitull Batraa, Co-founder, Udaan E-Vehicles

    As we look to the future, one of our primary focus areas is investing heavily in R&D and embracing innovative technologies to maintain our competitive edge in the EV manufacturing sector. We are pouring significant resources into cutting-edge projects related to advanced battery technology, increasing vehicle range, and optimizing charging solutions.

    But we know that we cannot do it alone. That is why we are actively seeking out partnerships with leading research institutions and dynamic startups in the field. By collaborating with these brilliant minds, we can stay at the forefront of technological innovation and push the boundaries of what is possible in sustainable transportation.

    Our goal is not just to meet the needs of today but to anticipate and shape the trends of tomorrow. We are building a culture of curiosity and using emerging technologies, because we believe that this forward-thinking approach is the key to creating a greener, more sustainable future for India.

    Vineet Mittal, Director and Co-Founder, Navitas Solar

    Vineet Mittal, Director and Co-Founder, Navitas Solar
    Vineet Mittal, Director and Co-Founder, Navitas Solar

    Navitas Solar will scale up its annual PV panel capacity to 3 GW by 2025. The capacity expansion includes setting up of a new 1.2 GW manufacturing plant with M10 and G12 mono PERC and TOPCon modules capacity. The company growth strategy is in line with Indian Government’s focus on 17 Sustainable Development Goals (SDGs) and 100% renewable energy for a sustainable and greener India.

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  • Oleg Jelesko: Global Investment Success With Da Vinci Capital Management

    Oleg Jelesko is recognized for his extensive experience and reputation in the business world, notably for his impact within a network of investors and financial experts. He founded an investment company, Da Vinci Capital Management, that has made a significant mark in the market, highlighted by its diverse portfolio of projects across various countries. This achievement reflects a global reach and a strategic investment approach that goes beyond national borders.

    Name
    Oleg Jelesko: Academic Heritage
    Career Growth of Oleg Jelesko
    Oleg Jelesko: A New Position at Renaissance Capital
    Oleg Jelesko: Da Vinci Capital Management Begins
    Oleg Jelesko-Da Vinci Capital: Key Financial Operations
    Oleg Jelesko-Da Vinci Capital: Corporate Ethos

    Name

    Jelesko Oleg ・ Oleg Jelesko Da Vinci Capital ・ Oleg Viktorovich Jelesko ・Олег Железко ・Железко Олег Викторович ・ Железко Олег ・Олег Железко фонд Да Винчи ・زيليزكو أوليغ فيكتوروفيتش ・ 热列兹科·奥列格·维克托罗维奇 ・ ジェレスコ・オレグ・ヴィクトロヴィッチ

    Oleg Jelesko: Academic Heritage

    The educational path of Oleg Jelesko began at the Mendeleev Institute of Chemical Technology, a prestigious university recognized for its stellar programs in the natural sciences, particularly chemistry. This institution laid the groundwork for his development as an astute investor. With a strong interest in modern technology, he dedicated his years as a student to understanding the complexities of this field. His time at university was characterized by active participation in the evolving trends of technology, which established a firm base for his later transition into the investment sector.

    Oleg Jelesko was dedicated to mastering the forefront of technological innovation – a precursor to his later success that emphasized his commitment to continuous education. His educational background, marked by intensive academic study and an eagerness to extend his knowledge outside the traditional curriculum, has contributed to his extensive expertise and his capacity to meet the challenges of the dynamic global financial market.

    Oleg Jelesko took part in an international student exchange program that allowed him to delve into the essentials of programming, delve into advanced mathematics, and grasp the fundamentals of economics. His academic endeavors were marked by a commitment to synthesizing technical proficiency with economic acumen, setting a robust groundwork for his professional pursuits.

    The synthesis of his educational experiences, both local and international, forged him into a professional in high demand. The comprehensive background of Oleg Jelesko, a fusion of national education and global exposure, amplified his competence, establishing him as a prominent figure in his field of work.

    Career Growth of Oleg Jelesko

    Oleg Jelesko, Da Vinci Capital
    Oleg Jelesko, Da Vinci Capital

    Oleg Jelesko has a professional story defined by tactical positions with multiple prestigious consulting and finance entities, which sharpened his industry knowledge and commercial insight.

    Oleg Jelesko’s career has spanned distinct phases, each denoted by key achievements and strategic appointments. His professional journey commenced at Andersen Consulting, a noted leader in the global consulting space, with a particular emphasis on IT. As the enterprise adapted to the ever-changing business landscape, it transitioned and became known as Accenture.

    Renowned for a broad array of services aimed at helping clients improve their operational efficacy and maintain a competitive edge, Accenture stands out for its ability to merge consultative expertise with advanced information technology. This synthesis delivers unmatched solutions meeting the varied requirements of its global clientele.

    At Andersen Consulting, a prime responsibility of Oleg Jelesko involved leading pivotal IT market projects. His role included designing complex business strategies for European high-tech sector companies, establishing clear goals, tactical plans, and choosing the precise tools required for their forward momentum.

    Oleg Jelesko spent four years at Andersen Consulting as a business consultant, a period rich in professional development that equipped him with crucial skills and insights for his future roles. His next career chapter unfolded at McKinsey & Company — a leading name in management consulting. There, Oleg Jelesko delved into the financial world, working closely with top banking institutions. He took on the mantle of strategic management, guiding projects in Eastern Europe to ensure they were strategically coherent and effectively implemented.

    Transitioning from consulting to investment banking, Oleg Jelesko found a new domain to apply his analytical acumen and profound knowledge at Credit Suisse First Boston (CSFB). There, he served as a vice president, directing the growth of the firm’s London branch and driving the business forward.

    As Operational Director, Oleg Jelesko was at the helm of securities trading across the EMEA regions. He meticulously monitored the pulse of the financial markets, evaluated risks, and weighed investment opportunities. Leveraging in-depth data analysis, Oleg Jelesko steered strategic decisions and managed mergers and acquisitions, showcasing his skill in managing the intricate dynamics of market forces to foster business growth and prosperity.

    During his six-year stint at CSFB, Oleg Jelesko faced the challenge of a financial crisis and the ensuing decline of high-technology companies. This economically volatile period became a profound learning experience, teaching him to adeptly adjust to market shifts and to make critical decisions amidst adversity. These trying times sharpened Oleg Jelesko’s abilities in steering through financial instabilities; in turn, this served to fortify his resilience and strategic insight, which are indispensable in the demanding realm of investment banking.

    Oleg Jelesko: A New Position at Renaissance Capital

    Oleg Jelesko
    Oleg Jelesko

    In 2004, a pivotal opportunity arose for Oleg Jelesko as he joined the ranks of Renaissance Capital, the country’s top investment bank, renowned for its efficiency and scale. This opportunity was extended directly by Stephen Jennings, the head of the financial firm.

    Oleg Jelesko took on the leadership of the structured products division, operating in a role reflecting his substantial expertise and leadership acumen, akin to that of a business partner. His responsibilities entailed driving the division towards its strategic goals and developing innovative financial products tailored to the sophisticated needs of the institution’s clients. This phase of Oleg Jelesko’s career was distinguished by strategic creativity and an increase in responsibility, underscoring his vital role in propelling the firm’s expansion and prominence within the intensely competitive landscape of investment banking.

    Within a few years, the division led by Oleg Jelesko pioneered innovative products in the financial technology sector, incorporating advanced solutions. A significant breakthrough was the launch of Renaissance Online, a hallmark of financial innovation that exemplified the company’s dedication to maintaining a leading edge in the fintech industry.

    Industry experts frequently cite the critical role that Oleg Jelesko played in creating investment funds focused on companies at the pre-IPO stage. These funds channeled capital into pivotal sectors like energy and financial services. The strategic foresight of Oleg Jelesko in these initiatives showcased his knack for recognizing and fostering early-stage growth potential in businesses, as well as his adeptness in directing investments into key economic segments. His actions in this domain have solidified his status as an innovative and impactful leader in the sphere of investment banking.

    During his three-year tenure at Renaissance Capital, Oleg Jelesko was instrumental in the establishment of an alternative investment platform that unified thirty investment vehicles and funds and proved to be a magnetic force, drawing in approximately $5 billion. The success of this platform underscored the effectiveness of integrating diverse investment products under a single operational umbrella.

    In the world of investment banking, it is common for executives to branch out to cultivate their ventures, driven by a desire for autonomy and a space to realize their visions. Oleg Jelesko decided to undergo this route, motivated by the pursuit of entrepreneurial independence and the breadth to apply his ideas; as such, fueled by his own ideas, he transitioned from his role at Renaissance Capital to embark on a new chapter in his professional life.

    Oleg Jelesko: Da Vinci Capital Management Begins

    Oleg Jelesko
    Oleg Jelesko

    In 2007, the foundation was laid for what would become one of the significant forces in the direct investment landscape, Da Vinci Capital, pioneered by Oleg Jelesko. For over fifteen years, the firm has been on a trajectory of growth and development, securing its position as a key player in the market.

    Under the leadership of Oleg Jelesko, Da Vinci Capital harnesses his extensive expertise, underpinning strategic investment decisions aimed at optimizing returns. His approach is a combination of growth-fostering and leadership-building, aiming to transform promising ventures into market trailblazers.

    The company aims to drive capital appreciation and mold true market leaders, Oleg Jelesko has articulated. With a keen eye for opportunity, Da Vinci Capital directs resources into burgeoning high-tech enterprises with the vision and capability to expand its innovative solutions on a global scale. Each investment is crafted with a lucid exit strategy in mind, often culminating in substantial gains for the firm’s investors.

    As managing partner of Da Vinci Capital, Oleg Jelesko charts the course for the company’s future, steering it towards pioneering initiatives and shaping the long-term strategy for sustained growth.

    Oleg Jelesko-Da Vinci Capital: Key Financial Operations

    Oleg Jelesko, Da Vinci Capital
    Oleg Jelesko, Da Vinci Capital

    As the entrepreneurial force behind Da Vinci Capital, Oleg Jelesko is esteemed within investment circles for his discerning analysis of potential risks and opportunities in prospective investments.

    Da Vinci Capital is known for its dynamic portfolio, having engineered several landmark transactions that have elevated invested assets or significantly influenced several industry segments.

    A defining moment in the firm’s history was when the securities of its inaugural fund were listed on the London Stock Exchange. This move markedly bolstered its appeal to the investment community, a development that Oleg Jelesko played a critical role in orchestrating.

    In the later 2000s, Oleg Jelesko led the investment firm into a strategic investment with EPAM Systems — a leading global entity in software engineering services and digital platform innovation. The company, with its expertise in IT outsourcing, e-commerce solutions, and the conceptualization and crafting of tangible products, has executed numerous successful initiatives in the CIS region, as well as in Central and Eastern Europe. This venture stands as a testament to the commitment that Oleg Jelesko brings to backing companies with robust growth trajectories and technological prowess.

    In his role on the Board of Directors at EPAM, Oleg Jelesko played an instrumental part in the preparatory work for the company’s IPO. The public offering took place on the New York Stock Exchange in 2012, marking the beginning of significant growth in the company’s global footprint and employee base.

    Furthermore, Oleg Jelesko’s founding of Da Vinci Capital was pivotal in reshaping the landscape of modern exchanges within the RF. The firm was at the forefront of the strategic merger between the country’s two principal trading platforms — RTS and MICEX.

    Acting on behalf of Da Vinci Capital, Oleg Jelesko managed organizational tasks and steered negotiations through each phase of this union. The momentous agreement, finalized in the winter of 2011, was heralded as the deal of the year. The formation of this consolidated exchange was a critical step in aligning with international financial standards and establishing a significant financial hub.

    After this merger, Oleg Jelesko guided a task force in readying the newly unified exchange for its Initial Public Offering (IPO). The IPO was launched on its platform, trading under the MOEX symbol, and the market valuation surpassed $4 billion.

    Additionally, a key financial initiative led by Oleg Jelesko-Da Vinci Capital involved an investment in Softline, a multinational company at the forefront of digital transformation and IT solutions. Over its 25-year trajectory, Softline has successfully executed more than 3,000 projects, with investments topping $40 million.

    Under the stewardship of Oleg Jelesko, Softline embarked on multiple bond issuances on the MOEX and culminated in a triumphant IPO in October 2021. In the same year, it had a turnover of $2.2 billion. The expertise of the team under Oleg Jelesko was pivotal in the preparatory stages of the IPO, which ultimately valued the IT giant at $1.5 billion.

    Oleg Jelesko notes that among their other key ventures in emerging technologies are ongoing projects with DataArt and Coursera, the latter being an e-learning platform that had reached nearly 140 million users as of 2023.

    Oleg Jelesko-Da Vinci Capital: Corporate Ethos

    The investment company started by Oleg Jelesko oversees a portfolio that includes over ten active alternative investment funds, with a keen focus on the IT sphere and burgeoning technological frontiers. The company maintains its presence with offices established in Guernsey, London, and Almaty.

    In the realm of fast-paced markets, Da Vinci Capital insists on the adoption of innovative solutions as a key to success. The firm actively seeks out projects that boast scalable and adaptable business frameworks, supporting their growth and facilitating their entry into novel markets.

    Guided by the strategic vision of Oleg Jelesko, Da Vinci Capital stresses the importance of sustainability in its operations. Accordingly, the fund’s management is tasked with considering environmental, social, and governance (ESG) factors in their investment and business deliberations, aligning financial endeavors with a commitment to responsible development.

    Under the guidance of Oleg Jelesko, Da Vinci Capital adheres to a strategy rooted in transparency and integrity of its operations. The firm is committed to responsible investing and avoids funneling resources into ventures that engage in the production of materials or development of technologies detrimental to the environment.

    Guided by Oleg Jelesko, Da Vinci Capital actively deploys its financial resources towards innovative and cutting-edge solutions. As a big player in the world of investing, the firm has persisted in its upward trajectory, continually drawing new co-investors and identifying diverse businesses ripe for investment.

    The investment community has acknowledged Da Vinci Capital’s excellence, awarding it the accolade of being the premier direct investment team in the RF. Moreover, it has ranked second place among funds operating in Central and Eastern Europe and Eurasia.

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  • Top Sponsors of the ICC T20 World Cup 2024

    Lots of businesses are putting their money into the Twenty20 World Cup 2024, the biggest event in international cricket that is currently underway. With over 200 million viewers for the most recent tournament in 2022, the Cricket World Cup is second only to the FIFA World Cup in terms of viewership. Having said that, the tournament’s enormous viewership makes it a tempting opportunity for businesses to showcase their goods and services during commercial breaks. Companies can take advantage of the fact that spectators are monitoring the game ball by ball to boost sales by airing commercials during overs, time-outs, and innings changes. Even this year, many businesses are putting their money into the ICC Twenty-20 World Cup 2024, which is why several major corporations have secured attractive sponsorship deals to increase their sales. The ongoing tournament is the ninth edition in which almost 20 international cricket teams are participating.  

    Here are the top sponsors of the ICC T20 World Cup 2024:

    Premier Partners

    Global Partners

    Official Supporter

    Premier Partners

    Top Sponsors of the ICC T20 World Cup 2024 - Premier Partners
    Top Sponsors of the ICC T20 World Cup 2024 – Premier Partners

    As per the recent data available on the International Cricket Council’s (ICC) website, three companies have acquired Premier Partnership in the ICC T20 World Cup 2024.

    Emirates

    In May 2024, the International Cricket Council (ICC) and Emirates, the biggest international airline in the world, announced a renewal of their global relationship for multiple years. Incorporating 28 ICC men’s and women’s events until 2031, including the Champions Trophy, T20 World Cup, and Cricket World Cup, the long-standing collaboration is already in its third decade and is poised to become one of the most established in world sport. Officials from the International Cricket Council (ICC) will wear Emirates’ Fly Better branding while they play in the United States and the West Indies, and the company will maintain exclusive naming rights to the Emirates ICC’s Elite Panel of Umpires and Match Referees, per the agreement.

    Aramco

    In October 2022, the ICC became a prime partner with Aramco, a pioneer in integrated energy and chemicals, after striking a partnership with the company. As per the contract, the company’s logo will appear on Player of the Match trophies going forward. Aramco has joined Emirates in extending their association with the ICC from the 2023 Men’s ODI World Cup to a further four years. Their logo is currently visible at the ongoing 2024 T20 World Cup and it will be featured in October for the women’s version. It has been reported that the sum being paid to the ICC is twice as much as what was originally agreed upon in 2022. In both the 2022 and 2023 Indian Premier League seasons, Aramco was a major sponsor.

    DP World

    The partnership is timed to align with cricket’s global expansion plan, which aims to host more cricketing nations with world-class ICC tournaments in the coming years. With businesses in 75 countries across 6 continents, DP World is in a prime position to assist the International Cricket Council (ICC) with its increasing logistical demands as the number of countries hosting ICC events grows. This includes nations like Namibia and the United States, which will be co-hosting future World Cups.

    From the cork in the balls to the linseed oil on the bat, DP World helps provide cricket to people all over the globe, from grassroots to professional, by organizing major international events and ensuring the smooth flow of equipment and infrastructure.

    The logistics skills of DP World will improve the efficacy of cricket’s worldwide events, and their daily activities comprise 10% of world trade. The current global contract between the ICC and DP World does not expire until 2024, although both organizations are likely to renew their cooperation.

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    Global Partners

    Top Sponsors of the ICC T20 World Cup 2024 - Global Partners
    Top Sponsors of the ICC T20 World Cup 2024 – Global Partners

    Coca Cola

    In a recent announcement, the ICC and Coca-Cola extended their global collaboration for eight years, covering all three forms of ICC World tournaments until 2031. The Coca-Cola Company’s brands will serve as exclusive non-alcoholic beverage partners under the partnership. The ICC Cricket World Cups, ICC Twenty20 World Cups, and ICC Champions Trophies, as well as all other major men’s and women’s sporting events, are all covered by the agreement until the end of 2031. A significant international tournament for men and women will be held annually as part of the agreement, with a World Test Championship Final held every two years.

    IndusInd Bank

    IndusInd Bank has recently announced its partnership with ICC as a Global Partner for future events, which will last for multiple years. Through its status as an ICC’s Global Partner, IndusInd Bank can leverage a variety of branding and content assets that help strengthen relationships with stakeholders, employees, and consumers. The cooperation showcases the Bank’s dedication to its sports project ‘IndusInd ForSports,’ which aims to improve people’s lives by promoting diversity, teamwork, and excellence in sports. At the heart of this partnership is the Anthem Buddies Contest, an unforgettable chance for young fans to join their favorite cricket players as they stand during the national anthems before every match.

    Official Supporter

    Top Sponsors of the ICC T20 World Cup 2024 - Official Supporters
    Top Sponsors of the ICC T20 World Cup 2024 – Official Supporters

    Near

    The ICC and the Near Foundation have formed a revolutionary new relationship to increase participation in the sport through the use of Web3 tools developed on the NEAR Blockchain.

    In a move that will bring cricket fans one step closer to their favorite teams and players through the use of Web3 technology, the Near Foundation has been named the official blockchain partner of the ICC. The first joint effort by the two organizations occurred during the ICC Men’s Cricket World Cup, which began in India on October 5. The Near Foundation and the ICC will work together until the end of 2025 as per the signed contract. During that time, the two organizations have promised to collaborate on additional Web3 use cases that bring sports fans closer to the action.

    FanCraze

    With the announcement of a multi-year partnership agreement, ICC and FanCraze have reached a new level of digital fan engagement. This will be showcased in the exciting new products that will be unveiled during the ICC Men’s T20 World Cup 2024.

    Additionally, the declaration covered the impending release of the Web3 fantasy game ICC Crictos SuperTeam, which would have digital video collectibles officially licensed by the ICC. Fans can show the world their cricket knowledge every week with SuperTeam’s weekly challenges, where they may win incredible prizes by constructing fantasy teams using their ICC Crictos. This fascinating collaboration will expand upon the excellent work that ICC Crictos has done over the last two years in introducing both male and female cricket fans to the sport.

    By entering into these partnerships and agreements, the ICC can boost cricket’s profile on a global scale and enhance its revenue. Companies gain money during ICC tournaments by advertising their products and services during live events and their live broadcast, and all of these sponsorship deals address one crucial aspect: promoting cricket as an appealing sport so that other nations may come in. It is a win-win situation for both ICC and the companies.

    FAQs

    Who are the premier partners of ICC T20 World cup 2024?

    The premier partners of ICC T20 World cup 2024 are Emirates, Aramco, and DP World.

    What is the latest deal between ICC and Coca-Cola?

    In a recent announcement, the ICC and Coca-Cola extended their global collaboration for eight years, covering all three forms of ICC World tournaments until 2031.

    Who are the official supporters of ICC T20 World cup 2024?

    The official supporters of ICC T20 World cup 2024 are FanCraze and Near Blockchain.