Millennial Indian Women Rely on Digital Channels for Their Health and Fitness Needs; Look for Lasting Solutions That Work: by Savage

Fast embracing holistic, personalised curated programs and plans to better handle their individual health issues

More than 100,000 searches happen just for UTI & PCOS

Of all the hormonal changes which millennial women experience, menstruation continues to be their foremost area of concern

India’s millennial women, especially working professionals between the age group of 23-38 years have increasingly come to rely on digital channels for their health and fitness needs and are looking for lasting solutions that work, according to the consumer and market report compiled by savage (www.savage.club). savage is India’s leading women’s healthtech company building the future of wellness for millennial women. The consumer mapping has revealed some very interesting insights which are intrinsically linked to the rise of India’s Femtech sector.

Understanding the consumer base…the urban millennial women

Millennial Indian women rely on digital channels for their health and fitness needs_ look for lasting solutions that work reveals market report by savage

The consumer report analysed responses shared by millennial women across leading cities and towns, the majority of whom are working professionals (73%) followed by students (17%) and homemakers (5%) amongst others. While 58% of the respondents fell in the 25-30 years age group, 23% were between 15-25 years of age. 17% of the participants are pregnant or in a related phase while 32% of the interviewed millennial women are experiencing PCOS or PCOD.

Do Indian millennial women know enough? A Peek into their menstrual health..

Of all the hormonal changes which millennial women experience, menstruation continues to be their foremost area of concern.

When women were asked to list down ways in which they track their monthly menstruation cycle, half of them (50%) acknowledged that they do use a menstrual tracking app- a testimony of them already taking ownership of their hormonal health to some extent.

Elaborating on the state of their menstrual cycle, every respondent had experienced at least 1-2 periods of hormonal imbalance in her lifetime while 23% of them had experienced irregular and fluctuating menstruations.

Majority of them are aware of the changes which they experience around their menstruation time. 56% claimed that their diet and exercise routine changes around their periods. Mood swings (75%) stood out as the topmost PMS symptom, followed by food cravings (54%) and low energy (48%).

Are India’s digital savvy millennial women seeking external support to address their hormonal health issues?

45% of the women cited having never visited a gynaecologist to seek guidance in matters related to their personal health while a meagre 12% said that they would only do so when something is seriously off.

Ways in which women are addressing their common menstruation concerns…

An alarming 87% respondents do not take any prescribed medicines to combat their specific menstruation issues while 13% mentioned the intake of period regulating pills and off-the-counter medications.

Where does a fitness routine fit in the schedule of India’s digital savvy millennial women and what are the key barriers coming in their way?

Majority of the millennial women (35%) workout 3-4 times a week, 23% workout 5-7 times weekly with 20% rarely doing so. Lack of motivation (34%) and lack of time (30%) are the top two barriers coming in the way of maintaining a healthy and holistic lifestyle.

Millennial Indian women are seeking expert recommendations in addition to doctors and medical fraternity. 54% of them look upon social media for solutions. Interestingly, 52% of them are guided by micro influencers.

Ekta Tibrewal, Co-founder, savage says, “A large part of the healthcare ecosystem is designed without keeping our unique physiology and biology at its core. The ebb and flow of hormones like Oestrogen, Progesterone, and Testosterone shape women's bodies, metabolism, sleep, energy levels, productivity, moods & so much more. Despite that, only 4% of healthcare R&D funding is targeted towards women's health and factoring their hormone cycles in studies & trials. Amidst this backdrop, we have India’s digital savvy millennial women who are no longer looking for short term gains or hacks to shed weight. Every month, more than 100,000 searches happen just for UTI & PCOS. This user segment like never before is taking ownership of their health and fitness; and is embracing digital channels to evaluate holistic solutions that work.

Ekta further adds, “Femtech players are empowering women, especially millennial Indian women to take charge of their own health. We are already witnessing a strong tide of change with not just Femtech ventures but also healthcare companies speedily acknowledging the need to better serve women for their specific health needs along with bringing in gender specificity for diagnostics, drugs, devices and solutions for women. Urban millennial Indian women are fast embracing holistic, personalised curated programs and plans- which are allowing them to better handle their individual health issues.”

Commenting on urban Indian millennial women fueling the growth of India’s Femtech sector, Akshay Rajwade, Co-founder, savage says, “Femtech as a flourishing industry is expected to reach USD 71,000 million by 2026. We believe that our country’s Femtech sector is redefining this space like never before. The year 2021 saw the highest number of funding deals in the last seven years, 40 in total amounting $98 million. Altogether, the Femtech market is poised to grow at a healthy rate of 17% from 2020 to 2026. We expect innovative technologies to further target menstruation issues, pelvic health, fertility and birth control, sexual wellness, chronic conditions and general healthcare”.

B2B Indian SaaS Platform SupplyNote, Aims a Whopping 300% Growth in Client Base by End of Fiscal Year 2022-23

F&B SaaS Company Aims to close 7000 restaurants and food chain pan India

SupplyNote, a B2B software-as-a-service provider that assists food and beverage (F&B) businesses in digitising and automating their supply chain and procurement, experienced staggering growth and expansion in the fiscal year 2021-2022. SupplyNote has successfully onboarded 2750 clients in the fiscal year 2021-2022 and plans to onboard an additional 7000 clients in the fiscal year 2022-2023.

SupplyNote, on a mission to digitise the food and beverage industry, connects outlets, service providers, and suppliers, allowing them to manage inventory, place orders, and uncover sales performance insights to strengthen their business. SupplyNote is currently present in 83 cities across India, with plans to expand and provide services to its clients in 50 new cities. The expansion will enable SupplyNote to establish a presence in over 130 cities, allowing its clientele to scale marketing services and generate more revenue.

“The Indian SAAS market is developing at an exponential rate, particularly since the Covid-19 pandemic. We are capitalising on the current market trends, and I am pleased to announce that we are expanding and hiring in accordance with our business priorities and goals. As we are strengthening our presence in new geographies, we remain committed to improving the relationship between businesses and their suppliers while also refining our technology offerings to help our clients generate more revenue and build their business. The current development will undoubtedly motivate every employee in our company to stay committed and help us reach even more significant milestones,” said Kushang, Co-founder and CEO, SupplyNote.

SuppyNote is reaping major business traction from the Delhi NCR region and some of their notable clients include Burgrill, Slay Coffee, Bakingo, Vadilal, Natural's, Biryani By Kilo, ZFW Hospitality, Nazeer's Foods, Burgerama, Theos, Wat-a-burger, Blue Tokai, and others.

SupplyNote assists its clients in increasing bottom profit margins by 70% by reducing costs and expenditure in the restaurant and hotel supply chain. It accomplishes it by saving approximately 4% of net revenue from pilferage and theft, up to 6% by preventing unnecessary costs through better utilisation, approximately 8% by reducing overpriced purchases, and about 2-3% on human resources. A Food Business that normally makes a profit of 15-20% can increase its profit margins by 6-15% depending on the size of their business and the SupplyNote services clients subscribe to.

Incepted in 2019, SupplyNote is a supply chain automation platform providing SAAS platform to restaurants. Established by the founders- Kushang-CEO, Abhishek Verma-COO, Nitin Prakash-CPO and Harshit Mittal-CTO, the company was started with an aim to provide end to end digitization of procurement process and automation steps like inventory management, ordering, payment ledger management and to solve the supplier/product discovery problems. Over the period the company has witnessed an 150 % of YoY growth. The company is funded by -Sucseed Ventures, Venture Catalysts, CIO Angels,91 Springboard and GHV Accelerator. SupplyNote is the second platform in the direction of digitization of the supply chain in the F&B industry, by the parent company Adcount Technologies. In 2015, the company launched the platform Adurcup. Including the current fundraise, the company-Adcount Technologies has raised a total of USD 1.6 M since its inception.

OPPO’s Camera Innovation 6nm NPU MariSilicon X Delivers an End-to-end Imaging Solution with Its Reno8 Series

After improved algorithms and its collaborations with Sony on RGBW camera sensors, OPPO further solidifies its imaging innovations with its proprietary MariSilicon X NPU

Users can now shoot 4K Ultra Night Video and #TransformTheNight

OPPO’s camera innovation has reached new heights with the development of its neural processing unit MariSilicon X. The brand—known for its software and hardware technologies that enhance camera performance—continues to push the envelope when it comes to image processing. This evolution has been developed over three significant areas of innovation.

PROPRIETARY ALGORITHMS

OPPO’s engineers have developed algorithms that render accurate Indian skin tones and even create Bokeh Flare Portrait Videos. OPPO's AI can distinguish between skin blemishes and beauty spots—as well as the age and sex of the subject—to apply different levels of beautification and skin smoothening.

OPPO's cameras recognise shooting scenarios and lighting to select the appropriate camera mode, including HDR for those perfect wide-exposure shots without user intervention.

RGBW SENSOR TECHNOLOGY

On the hardware front, the brand collaborated with Sony to develop its all-new RGBW (red, green, blue, white) pixel array technology that is an update from traditional RGGB (red, green, green, blue) sensors. This proprietary technology, which involves 87 technical patent applications, inserts W (transparent) pixels in each RGGB pixel to allow 60% more light and a 20.2% increase in purity when compared with regular RGGB sensors. Essentially, it translates to more detailed low-light captures and improved skin tones in portraits. OPPO and Sony debuted this new RGBW technology in the Reno7 Series with the IMX709 selfie sensor, which continues to drive better light handling and colour tones in OPPO's portrait photography.

MARISILICON X NPU

OPPO's innovation in smartphone camera tech has now ascended new heights with the development of its MariSilicon X Neural Processing Unit (NPU) which is designed for computational photography. This chip—developed over three years and comprising 400 patent applications—packs 3.6 billion transistors and can perform up to 18 trillion operations per second (18 TOPS). OPPO built MariSilicon X on the cutting-edge 6nm chip architecture that delivers an incredible 11.6 TOPS per watt for low-power consumption even in the most demanding tasks.

It is capable of real-time lossless AI processing in the Bayer RAW domain with image data from the 50MP IMX766 rear camera sensor. MariSilicon X's image processing speed allows users to shoot night videos in 4K Ultra HDR quality with the promise of crystal-clear frames. With the NPU’s support for HDR Fusion and AINR (AI Noise Reduction) algorithm operations, it delivers 4K Ultra Night Video at up to 20Bit (theoretically), with the brightest spot up to 1 million times brighter than the darkest.

With MariSilicon X, OPPO has created a complete set of customised solutions for software and hardware integration in computational photography. It is the last piece of OPPO's custom imaging system, designed to leverage the strength of its camera sensor and run its imaging proprietary algorithm even more efficiently.

All these innovations in smartphone camera technology will come together in the upcoming OPPO Reno8 Pro smartphone.

OPPO has crafted the Reno8 Series cameras to help photographers and videographers #TransformTheNight by leveraging cutting-edge technologies that tackle the pain points of night-time shooting where each frame—movies or stills—is crystal clear and rendered with accurate colours.

OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley
Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO provides its users with the ColorOS operating system and internet services like OPPO Cloud and OPPO+. OPPO operates in more than 50 countries and regions with more than 40,000 of OPPO's employees are dedicated to creating a better life for customers around the world.

10,000 Air Cleaners To Be Deployed in Maharashtra and Karnataka By Ethereum Founder’s Balvi Fund and ActiveBuildings

• Ethereum founder Vitalik Buterin’s Balvi Fund & ActiveBuildings sign an MoU to deploy low-cost air cleaners, in Maharashtra and Karnataka
• Balvi Fund has partnered with ActiveBuildings for monitoring and filtration of air quality in the states of Maharashtra and Karnataka with an initial investment of 1 million USD
• The MoU aims to cover 600,000 sq. meters of indoor spaces, with 10,000 units of air cleaners in public places of Maharashtra and Karnataka
• Deployment to focus on public spaces such as government hospitals, and schools that lack access to clean indoor air quality

In a bid to improve indoor air quality in the states of Maharashtra and Karnataka, Vitalik Buterin led Balvi Fund and ActiveBuidings joined forces for the next one year to deploy 5000 Indoor Air Quality monitors measuring carbon dioxide emissions and 10,000 air cleaners to keep indoor air pollution in check and to collect real-world data on indoor air quality.

Balvi Fund has partnered with ActiveBuildings with an investment of 1 million USD for executing the following :

Deploy 5000 Indoor Air Quality monitors measuring CO2, where the devices will be connected to a cloud server and dashboard to show data in real-time.

In 1500 of these devices, ActiveBuildings will also add PM2.5 as a parameter for monitoring particle pollution and aerosol pollution as it is the most lethal air pollutant for human health.

Deploy another 10,000 low-cost air cleaners, inspired by Corsi Rosenthal* boxes, across the states of Maharashtra and Karnataka at critical locations of public importance.

This contract to deploy air purifiers and Indoor Air Quality monitors and gather data is the largest such project ever undertaken in any low-medium income country, and it will serve up to 1 million Indians

The deployment will focus on government hospitals, government schools that typically do not have the budget to spend on clean air.

According to a recent study by the National Environmental Engineering Research Institute (NEERI), there are unsatisfactory levels of air pollution in 28 of the 73 sites(locations) that were monitored. The ambient quality of the air at these sites were classified as being in the “very unhealthy or worse” category. The worst sites were found in Mumbai, followed by Thane, Pune, Nagpur, Aurangabad and Raigad. These are all industrial regions that produce large quantities of pollution from automobiles, dust generated by the construction industry and factories.

Additionally, the same report suggested that Karnataka had the worst air quality in the whole of the south of India. It stated that polluted air was responsible for 95 deaths out of every 100,000 people. The national average is 90 per 100,000. Over 50 percent of deaths attributable to air pollution are younger than 70 years old.

Talking about the partnership, Abhinav Gupta, CEO at ActiveBuildings said, “We are glad to partner with Balvi Fund in the movement to create awareness around the fact that clean indoor air is a fundamental requirement. With the help of this partnership, we intend to cover 600,000 sq. meters of indoor spaces, that will be protected with the help of 10,000 units of the Bubble CR boxes* to public spaces like schools, healthcare facilities etc. The idea to tap such areas is to ensure access to clean breathable air to every strata of the community.”

Adding to Abhinav, Vitalik Buterin said, "Covid is primarily an airborne disease, and one of the most powerful ways to fight Covid is to improve indoor air quality and reduce airborne transmission. Air filters are very effective at reducing airborne spread of Covid and other viruses, and work entirely in the background, and CO2 sensors can detect poor air quality and suggest when filtration or ventilation might be required. ActiveBuildings' ambitious project in India will mass-manufacture and distribute monitors and air filters, paving a path toward making clean indoor air a standard in India much like clean water has become a standard in much of the world today."

ActiveBuildings through this partnership plans to drive public dialogue in India highlighting the importance of clean indoor air quality as a necessity. They aim to :

Donate Bubble CR boxes to public spaces (schools, healthcare facilities etc) that cannot afford devices that curb aerosol pollution.

To cover 600,000 sq. meters of indoor spaces, with 10,000 units of air cleaners that are inspired by the Corsi Rosenthal boxes of international acclaim.

Provide 5000 units of RESET certified IAQ sensing devices to monitor, track and analyse the impact of Bubble CR boxes in the spaces where it is deployed.

Open-source the designs of Bubble CR boxes and a simple IAQ monitoring device to provide public access to critical tools that help fight aerosol pollution.

About ActiveBuildings:

ActiveBuildings is a start-up founded by Abhinav Gupta and Priyans Murarka. ActiveBuildings is engaged in the research and development of technological products for enhancing the health, comfort and productivity of buildings and their occupants. It has successfully developed RESET certified Indoor Environment Quality (IEQ) monitoring sensors and a low-cost affordable air filtration device inspired by Corsi-Rosenthal boxes. ActiveBuildings has deployed over 1000+ sensors and air cleaners across India and provided affordable low-cost air quality testing to over 6 million sq. ft of real estate in India and Middle East. In addition, the company has donated over 120+ low-cost air cleaners to local schools and health care spaces as a part of a joint campaign with a community of aerosol scientists and engineers.

*Corsi–Rosenthal Box, also called a Corsi–Rosenthal Cube or a Comparetto Cube, is a design for a do-it-yourself air purifier that can be built comparatively inexpensively. It was designed during the COVID-19 pandemic with the goal of reducing the levels of airborne viral particles in indoor settings by cleaning out aerosols from the air (indoors).

A Comprehensive Guide on Free CIBIL Score

A CIBIL score is a credit score provided by the licensed credit bureau named TransUnion CIBIL. It assesses the creditworthiness of borrowers by different information that describes their credit history, including their borrowing habits, repayment patterns, outstanding loans, number of days past due, etc. The CIBIL score is a three-digit number which ranges from 300-900. The higher the number or score, the higher the creditworthiness of the individual.

If you want to know what your creditworthiness is, all you have to do is obtain your free CIBIL score online. The process takes just a few minutes, and you will receive the information regarding your credit history in your registered email address.

In this article, we answer the questions – What is the significance of CIBIL scores? What is a good CIBIL score? What determines CIBIL scores? Are CIBIL scores mandatory for loans? How to obtain free CIBIL scores?

What is the significance of CIBIL scores?

The unprecedented pandemic that stopped the world in its tracks and closed down businesses for months on end, caused a spike in borrowing. Small ticket loans are being availed now more than ever by the new generation to cover basic expenses in the light of the massive job losses. Having a good CIBIL score will ensure that loan applications are approved without much hassle. In addition to speeding up the process of availing loans, a good CIBIL score also helps borrowers get a lower rate of interest on the loans. Given this, it is important that a healthy CIBIL score is maintained.

What is a good CIBIL score?

A good CIBIL score ranges anywhere between 700-900. Anything below that will make it difficult to avail loans. This question is best answered in the form of the table below.

CIBIL Score Ranges	Creditworthiness
750-900	Excellent
700-749	Good
650-699	Fair
600-649	Uncertain
300-600	Unreliable

What determines CIBIL scores?

The CIBIL score is calculated using an algorithm that takes into consideration multiple categories of information from the credit reports of individuals. Two of the most significant factors used to calculate your free CIBIL score include:

History of payments – The history of the payments made by the individual/potential borrower is first looked into. The number of times credits have been repaid before the due date, on the due date, after the due date, etc. is specifically looked into. In fact, if the CIBIL analysis into payment history reveals a delay in repayment of over 30 days, the CIBIL score is lowered by around 100 points.


A healthy ‘credit mix’ – A ‘credit mix’ refers to different forms of credit, i.e., while calculating the CIBIL score, the variety in the loans taken by the individual is looked into. For example, say an individual has taken out a home loan which is secured credit, and also makes purchases via credit card (unsecured credit), then, that is considered to be a healthy mix. Availing only one type of loan multiple times affects your CIBIL score negatively.

Are CIBIL scores mandatory for loans?

A CIBIL score is not mandatory to avail loans. Some institutions make CIBIL scores a pre-requisite for loan approvals, but this is not the case with every type of loan. Take for instance a gold loan, here the loan is taken out against the gold that is deposited with the financial institution as collateral. The gold is the assurance of payback that the lender has. Similarly, loans taken out on tax saving fixed deposits also come with an assurance of payback in the form of the FD corpus. In these scenarios, the creditworthiness of the borrower is not as significant, because the collateral is more than sufficient to cover the costs to be recovered from the borrower in case of non-payment.

How to obtain free CIBIL scores?

The RBI has made it mandatory for the licensed credit bureaus to allow individuals to receive a free credit report annually. You can get your free CIBIL score by following these simple steps.

• Step 1: Visit the main CIBIL web address. This is a website that is a part of TransUnion, the licensed credit bureau that releases the CIBIL score.
• Step 2: The landing page has an option ‘Get Your Free CIBIL Score’. Click on this to be taken to the registration portal.
• Step 3: On the registration portal, enter the details as asked for. This includes your email address, name, mobile number, ID card type and number, pin code, etc. Here you also get to create a password for your CIBIL account.
• Step 4: A verification email will be sent to your email ID. Once you verify the same, you can log in using the password you created in the previous step.
• Step 5: Additional information, if any, regarding credit cards and loans will now be requested by the company.
• Step 6: Once all the necessary information is provided, you will receive your free CIBIL score in your registered email address.

75 UK Scholarships Mark India's Independence Anniversary at India Global Forum

Business Wire India

Day Three of UK-India Week 2022, organised by the UK-headquartered India Global Forum (IGF), was geared towards The Forum: Reimagine@75 – a two-day power-packed series of discussions and deliberations around the central theme of Reimagine@75.
 
The strategic dialogue series is designed to cover virtually every sphere of UK-India relations – from the Startup Ecosystem, Geopolitics, Digital Economy and Investments to Social Impact. To coincide with UK-India Week, the UK Government announced 75 fully funded scholarships for Indian students to study in the UK from September as part of a partnership between the British Government and leading Indian and global companies, including HSBC India, Pearson India, Hindustan Unilever, Tata Sons and Duolingo.
 
Alex Ellis, the British High Commissioner to India, said: “In India’s 75th year, this is a great milestone together.”
 
“Thanks to the exceptional support from our partners in industry, I am delighted to announce 75 scholarships for Indian students to experience the best of the UK. Nearly 30% of Chevening scholars in India come from smaller cities or are first generation students, making this an increasingly diverse programme.”
 
The programmes on offer include Chevening scholarships for a one-year Master’s programme, with the opportunity to study any subject at any recognised UK university. The British Council in India is offering at least 18 scholarships for women in science, technology, engineering and mathematics (STEM) – covering over 12,000 courses across more than 150 UK universities. Along with these, the British Council is also offering six English scholarships.
 
The IGF’s first of a two-day Reimagine@75 Forum kicked off with a conversation on India’s start-up ecosystem and how greater synergies can be built with the UK in the sector. The in-depth discussion threw up a host of ideas and concepts to fully leverage the rich startup opportunities on offer.
 
Prashant Prakash, Partner, Accel, said: “It's a dramatic shift in India. We are on track, as a country, to do a billion transactions a day in 2-3 years. This is starting from zero. That’s an amazing journey.”
 
“There’s still a lot of work to be done to build generationally resilient companies in India. The current financial environment will help towards some real company building.”
 
Sharing his thoughts during a conversation with Sir Malcolm Rifkind, Former UK Foreign Secretary, Ashok Malik, Policy Advisor, Indian Ministry of External Affairs, said: “The Free Trade Agreement we are negotiating with the UK will help us address some of the global crises we face.”
 
“The UK has the expertise and India has the scale – there’s a lot we can achieve together with collaboration.” 
 
Besides, the Forum saw renowned captains of industry address the audience on various facets of UK-India relations, the use of Digital for Social and Economic Impact and the idea of investing in India and exporting from India. A fascinating in-conversation session involving Bhavish Aggarwal, Co-Founder & CEO, OLA, and another with Alex Ellis, the British High Commissioner to India, were among some of the other highlights. The Forum concluded with a stimulating debate on the Idea of Great Britain with the inimitable Indian parliamentarian and author Dr Shashi Tharoor, Baroness Usha Prashar, V&A Museum Director Dr Tristram Hunt and Lord Jonathan Marland, Chairman, Commonwealth Enterprise & Investment Council.
 
Prof. Manoj Ladwa, Founder and CEO of IGF, said: “Reimagine@75 provides the best possible platform to rethink, away from the blurred lens of history, the crucial future relations between our two great nations.”
 
“IGF continues to spearhead the UK-India dialogue and as we navigate deeply challenging geopolitical scenarios and economic headwinds, a strong UK-India relationship is imperative not just for the UK and India but for the global order.”
 
Day Three of UK-India Week opened with an exclusive UK-India Women in Leadership event to celebrate the myriad contributions of women leaders within the UK-India corridor. It brought together some of the most prominent voices working towards strengthening this winning partnership, including Tech Entrepreneur & Angel Investor Priyanka Gill, Founder & CEO of tech impact forum Maanch Darshita Gillies, Taj London Area Director Mehrnavaz Avari, Co-Founder of cultural platform Manch UK Meera Kaushik, among a host of other women leaders working across different sectors.
 
*Follow the action @IGFupdates #UKIndiaWeek
 
Day One of UK-India Week 2022 (June 27) covered the Creative Industries and Cultural Economy Seminar at Nehru Centre, London, to explore the cultural partnership potential of the bilateral relationship. Day Two (June 28) covered the pressing topic of climate action with the Climate Finance and Technology Summit.
 
The UK-India Week is organised by IGF annually as a celebration of the myriad facets of this important bilateral relationship. The 2022 edition (27 June to 1 July) comes packed with a high-powered agenda, covering trade and economic exchanges, climate action, healthcare, technology, innovation and much more.
 
*The Programme for UK-India Week 2022 is here.
 
Just some of the high-profile speakers confirmed over the course of the week include:

• Rishi Sunak, Chancellor of the Exchequer, UK Government
• Dr S Jaishankar, Minister of External Affairs, Government of India
• Sajid Javid, Secretary of State for Health and Social Care, UK Government
• Dr Mansukh Mandaviya, Union Minister for Health & Family Welfare, Government of India
• Dharmendra Pradhan, Minister of Education and Minister of Skill Development & Entrepreneurship, Government of India
• Bhupender Yadav, Minister of Labour & Employment, Environment, Forest & Climate Change, Government of India
• Dr Rajeev Chandrasekhar, Minister of State for Skill Development, Entrepreneurship, Electronics and IT, Government of India
• Arjun Ram Meghwal, Minister of State for External Affairs of India
• Alok Sharma, President, COP 26

 
*The full list of speakers is here.

Increasing Recreational Boating Activities Due to Outboard Boats Market Size to Reach USD 10,669 Million by 2030 Exclusive Report by Acumen Research and Consulting

Acumen Research and consulting recently published report titled “Outboard Boats Market Size, Share, Analysis Report and Region Forecast, 2022 - 2030”

BERLIN, June 30, 2022 (GLOBE NEWSWIRE) -- The Global Outboard Boats Market size was accounted for USD 5,683 Million in 2021 and is estimated to reach USD 10,669 Million by 2030, with a CAGR of 7.5% from 2022 to 2030.

Outboard engines are used on more boats as compared to inboard engines, owing to their ease of use and low maintenance costs. Pontoons, bowriders, aluminum boats, small cruisers, bass boats, and some high-performance off-shore speed and fishing boats are commonly seen with outboard engines. Outboard motors are most commonly found on boats used for recreational cruising or fishing because the benefits are more favorable in this setting.

Covid-19 Impact on the Global Outboard Boats Industry

In 2020, the COVID-19 pandemic had a major impact on the outboard boats market. During this period, the industry faced several challenges, including a scarcity of skilled workers, the closure of manufacturing facilities, and international supply chain disruptions. Global travel restrictions imposed by regulatory bodies reduced investment and revenue in the industry. Due to lower demand and the temporary closure of businesses, market participants involved in the production of boats faced financial constraints. Thus, the overall market was significantly impacted by the pandemic. However, the relaxation of lockdown measures and increased public interest in recreational boating are stabilizing industry statistics.

Request for a free sample report @

https://www.acumenresearchandconsulting.com/request-sample/2986

Report Coverage:

Market	Outboard Boats Market
Market Size 2021	USD 5,683 Million
Market Forecast 2030	USD 10,669 Million
CAGR During 2022 - 2030	7.5%
Analysis Period	2018 - 2030
Base Year	2021
Forecast Data	2022 - 2030
Segments Covered	By Type, And By Geography
Regional Scope	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled	Brunswick Corporation, Bombardier Recreational Products Inc., Polaris Inc., Campion Marine Inc., Groupe Beneteau, Cantieri Capelli S.r.l., LLC, Marine Products Corporation, Nimbus Group, POSEIDON BOATS, Sightseer Marine, Inc., Waterline Systems, Inc., and White River Marine Group.
Report Coverage	Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Customization Scope	10 hrs of free customization and expert consultation

Rising Interest In Recreational Water Sport Activities Boosts The Outboard Boats Market Revenue

Water sports activities for recreation include sailing, rowing, jet skiing, kayaking, yachting, rafting, power boating, canoeing, and boat racing, among others. Consumer interest in water sports, combined with increased participation across all age groups, has inspired the development of recreational boating facilities across the globe. Furthermore, watersports are becoming increasingly popular not only for the excitement of getting fit but also for a variety of health benefits. Furthermore, the growing popularity of sport fishing and motorized watersports such as sailing, jet-skiing, and yachting activities contributes to the expansion of the outboard boat market. Furthermore, in recent years, various government agencies have begun to emphasize the promotion of water sports. Several countries have launched initiatives to promote the development of water sports facilities and recreational boating. Thus, the increasing number of recreational water sports activities is one of the trends in the outboard boats market that is fueling the demand all around the world.

High Initial Investments In These Boats Act As A Hindrance To The Industry's Growth

Because of its sheer size and complexity, outboard boat construction necessitates massive facilities and professional workers, which significantly raises the initial manufacturing cost of the boat. Furthermore, the cost of a boat engine is one of the most direct costs associated with a boat. Outboard engines can range in price from $1,000 to more than $15,000. Some popular outboard engine brands include – Evinrude, Honda, Mercury, Suzuki, Torqeedo, and Yamaha.

Check the detailed table of contents of the report @

https://www.acumenresearchandconsulting.com/table-of-content/outboard-boats-market

Global Outboard Boats Market Segmentation

The outboard boats market is divided into two categories: type, and geography. Based on type, the market is split into the recreational boat (bowrider, pontoon, center console, and express cruiser), rigid inflatable boat, utility boat, and water taxi. Among them, recreational boats generated significant outboard boats market share. Market participants are taking steps to implement new outboard boats in order to improve the segment's outlook. Furthermore, increased availability through widespread distribution channels in coastal areas is driving outboard boat market demand. However, the utility boats are expected to achieve a significant growth rate throughout the forecast timeframe.

Outboard Boats Market Regional Stance

North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa comprise the regional group. North America among all the regions accounted for the majority of the share in 2021. Factors such as the availability of customized boats for a range of activities (onshore & offshore) and the boats' competitive pricing are fueling the region's recreational boat market growth. People's disposable income in the United States and Canada has increased, as has their interest in spending time and money on leisure activities. This factor has also supported the North America region to grow with a significant share. Meanwhile, Asia-Pacific is the world's fastest-growing outboard boats market, thanks to increased tourism and water sports activities as well as increased investment in developing markets. The Asian market serves as a manufacturing center for European and North American manufacturers. As national companies face challenges to compete with the global players, the domestic market for foreign-made ships has increased in Australia and New Zealand.

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Outboard Boats Market Key Players

The leading outboard boats companies presented in the report include Brunswick Corporation, Bombardier Recreational Products Inc., Polaris Inc., Campion Marine Inc., Groupe Beneteau, CantieriCapelliS.r.l., LLC, Marine Products Corporation, Nimbus Group, POSEIDON BOATS, Sightseer Marine, Inc., Waterline Systems, Inc., and White River Marine Group.

In May 2020 – Bombardier Recreational Products, Inc. announced a new strategy for its marine business and the expansion of its boat brands. For instance, the company invested in R&D to create next-generation marine engines with improved operational efficiency.

Browse More Research Topic on Automotive Industry:

The Adaptive Front Light Market is expected to grow at a CAGR of around 12.8% from 2020 to 2027 and expected to reach the market value of around USD 3,723.4 Million by 2027.

The Heavy-Duty Trucks Market is expected to grow at a CAGR of around 4.3% from 2020 to 2027 and expected to reach the market value of around USD 549.8 Billion by 2027.

The Marine Propulsion Engines Market is expected to grow at a CAGR of around 3.7% from 2020 to 2027 and expected to reach the market value of around USD 14,684.9 Million by 2027.

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Europe’s 1st Bitcoin ETF To Be Launched on Euronext Amsterdam By Jacobi Asset Management

First exchange-traded equity instrument for institutional investors to access Bitcoin in Europe

Largest exchange to list a Bitcoin spot ETF globally

First primary listing of a Crypto fund in the Netherlands

In a first for Europe, Jacobi Asset Management (Jacobi) announces the launch of the Jacobi Bitcoin ETF (the “ETF”) (BCOIN, ISIN: GG00BMTPK874) which will be listing on Euronext Amsterdam, part of Euronext, the leading pan-European marketplace from July.

The Jacobi Bitcoin ETF, which received regulatory approval from the Guernsey Financial Services Commission (GFSC) in October 2021, will begin trading in July on the Euronext Amsterdam Exchange under the ticker BCOIN. Custodial services will be provided by Fidelity Digital AssetsSM with Flow Traders and DRW facilitating trading as market makers.

CEO Jamie Khurshid said: “The Jacobi Bitcoin ETF will enable investors to access the underlying performance of this exciting asset class via a well-established and trusted investment structure. Our goal at Jacobi is to make digital asset investments simpler and more familiar for institutional and professional investors. We are delighted to be working with all our premier partners including Fidelity Digital Assets and Flow Traders who have supported us from inception and are an integral part of this European first as we list on Euronext Amsterdam”.

He added: “This is a significant step forward for Jacobi Asset Management. We have an ambitious vision and look forward to bringing an innovative product pipeline to the market very soon.”

“We are excited to be acting as lead market maker for Europe’s first Bitcoin ETF, which is another milestone in the development of the institutional digital assets space. This is also aligned with the growing demand from institutional investors who are looking to diversify their portfolios by adding Bitcoin and other digital assets. Flow Traders has been a longstanding supporter of enabling exposure in digital assets and we are delighted to be working with Jacobi Asset Management on this launch.” commented Edd Carlton, Institutional Digital Asset Trader at Flow Traders.

Legal support through the regulatory and listing process was facilitated by independent Dutch law firm Kennedy Van der Laan.

Emanuel van Praag, Attorney from Kennedy Van der Laan commented: “The first listed crypto ETF in the EU is indeed a proud achievement and we are happy that we were able to assist Jacobi Asset Management to achieve this goal.”

Jacobi Asset Management will provide European institutional and professional investors with access to the Jacobi Bitcoin ETF via a simple investment vehicle for a 1.5% annual management fee.

For further information, visit Jacobiam.com

Gardening-focused Hyperlocal Marketplace Urvann Raises Rs 3 Cr in Seed Round Led by Inflection Point Ventures

Akanksha Gupta & Sambhav Jain, Co-Founders of Urvann

• Since its inception, Urvann has serviced more than 15,000 orders and has delivered over 100,000 plants in Delhi NCR. It currently services more than 100 orders per day
• Urvann has created India’s first active community of 25000+ plant parents across India who engage regularly to discuss their plant-related questions
• IPV has announced the launch of $50 million AIF Fund Physis Capital to invest in Series A and B growth-stage start-up
• IPV has so far invested over Rs. 400 Cr in 128+ deals

Gardening-focused hyperlocal marketplace Urvann has raised Rs.3 crore in a seed round led by the angel investment platform, Inflection Point Ventures (IPV). The funds raised will be utilized for the expansion of operations across the country.

Founded by IIM-Ahmedabad and ISB alums, a husband-wife duo who quit their consulting careers to pursue their passion for plants, Urvann is India’s first hyperlocal marketplace for plants and gardening products. Urvann launched operations in Delhi-NCR in August 2021 to revolutionize the way India buys plants. Urvann provides the largest variety and next-day delivery of fresh plants at the lowest prices by partnering with local nurseries in a city- setting it apart from traditional players who courier plants from one city to another- leading to high delivery costs and suboptimal plant quality due to long transit times.

Within a year of its inception, Urvann has already catered to 15,000+ orders, delivered 100,000 plants in Delhi, and served more than 6,000 happy customers. It is now aiming to expand its operations in major Indian cities including Mumbai, Pune, Bangalore, and Chennai by the end of this year. The company is planning a 10X increase in the monthly GMV by the year-end.

Mitesh Shah, Co-Founder, Inflection Point Ventures says, “Nurturing plants in our homes has been a way of life for all of us. The gardening market is very fragmented, due to which consumers find it difficult and time-consuming to attend to their plants given their busy lives. Urvann offers people a platform for all the gardening requirements from seed to décor at the click of a button, enhancing the whole customer experience. This is a largely untapped market opportunity, especially in the urban pockets.”

Urvann is India's first hyperlocal gardening marketplace, creating a one-stop store for all gardening products and services by utilizing the unique Content-Community-Commerce concept. Its hyperlocal marketplace approach provides a platform for local plant nurseries to sell their products online and cater to their specific area. The hyperlocal operations ensure that the plants arrive in an excellent state when delivered to customers, without superfluous packing, and at the same pricing as they would be found in a local store. Urvann is currently functioning in Delhi-NCR and will soon expand to other cities in order to achieve its goal of creating true "URBAN VANN."

Urvann’s unique aggregator model enables them to provide a 10x variety of products at one-fifth the price as compared to other online players. Their hyperlocal and zero packaging deliveries ensure plants reach the customers fresh and healthy, and with minimum harm to the environment. The company has a community-first approach that helps plant lovers across India connect with each other. They have an active and growing community of 25000+ plant parents, who interact with Urvann via their weekly workshops, events, and community groups.

Sambhav Jain, Co-Founder of Urvann says, “Understanding the sheer need to make the entire gardening process seamless for our passionate plant parents who may find it difficult to purchase due to time constraints, proximity to marketplace etc. Urvann has established a one stop online store to cater to all the requirements right from buying fresh plants to gardening products and services. The platform onboards the local vendors/nurserymen who can extend their service through Urvann, thus enabling them to scale their business quickly.

He further added, “With the funds raised, Urvann will be utilizing this to rapidly expand operations to other Indian metros and support our next phase of growth. By 2025, we aspire to be present in all Indian cities and take our services to all plant lovers across India. We look forward to IPV support to help us strategically grow.”

The Indian gardening retail market is an INR 20,000 crore market and is growing rapidly at a CAGR of 15%. The primary reasons for this growth are an increasing number of millennials becoming active plant parents; and secondly, the use of plants in the gifting and décor industry. Plants have replaced bouquets and artificial showpieces at homes and offices. People are actively realizing the benefits of having plants around them, as it also has a positive impact on our mental health.

GPS Announces New Senior Leadership Changes

Business Wire India

• Joanne Dewar has been promoted to Vice Chair and will focus on the group’s growth and global profile
• Kevin Schultz has been appointed Chief Executive Officer and will focus on strategy and execution
• Both the new Vice Chair and CEO will work closely with the Chair, Gene Lockhart, in a newly formed Office of the Chair

​

Global Processing Services (GPS), a leading global payment technology platform, has today announced the promotion of Joanne Dewar to Vice Chair. Kevin Schultz has also been appointed as Chief Executive Officer, effective immediately.

 

Joanne will maintain her position on the GPS board, where she will focus on the group’s growth and global profile, and continue to work alongside Chair, Gene Lockhart, in a newly created Office of the Chair. Joanne had been CEO at GPS for over four years and was instrumental in scaling the company and securing investment from arguably the most impressive consortium in the payments industry.

 

Kevin brings a wealth of executive leadership experience in the payments and digital banking industry to his new role as CEO, where he will primarily focus on strategy and execution. Most recently, Kevin served as Fiserv’s Group President of the Digital Banking. Prior to Fiserv, Kevin served as President, Global Financial Services at First Data, following nearly 16 years at Visa, where he built out the debit processing business, Visa DPS.

 

Gene Lockhart, Chair, GPS, said: “We are hugely grateful for the great work that Joanne has done at GPS. Under Joanne’s stewardship, the company has gone from strength to strength and successfully transitioned through a major new investment round, the building of a new management team and a significant transformation. In her new role as Vice Chair, she will continue to play a pivotal role in GPS’ future.

 

“With Kevin on board, our leadership team now has a unique and powerful blend of industry, market and leadership experience which will help us to accelerate the company’s growth.”

 

Joanne Dewar, Vice Chair, GPS, said: “I am extremely proud of what has been achieved so far and I am very excited about my new role, which should enable me to help expand the business footprint through raising the profile and building the global network. I am also delighted to welcome Kevin, whose impressive track record and experience will be a huge asset to the GPS business and our customers. Together with Gene, I am convinced that we have a winning combination which will accelerate the ability of GPS to reach its true potential.”

 

Kevin Schultz, Chief Executive Officer, GPS, said: “It has been a transformational period for the company, and I could not be more excited to lead the company through the next phase of its development. With the experience of our leadership team and support of our investors, I am convinced that GPS will continue to deliver market leading technology and provide our customers with ever more innovative payments solutions.”

 

***

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005511/en/

Suki Announces 2022 Suki Experts Panel Members to Help Guide Future Innovation

Business Wire India
Suki, the leader in voice artificial intelligence (AI) technology for healthcare, announced today new members of Suki Experts, an industry panel that brings together a wide mix of clinician experts to help shape the future innovation path of the company. Launched last year, Suki Experts serves as a think tank for such areas as product roadmap and go-to-market strategy and provides real-world feedback to advance Suki’s mission of making technology assistive and invisible for physicians.

The refresh of Suki Experts is timely as the company positions for a new wave of product enhancements and growth following a quadrupling of revenue in 2021 and the close of a Series C funding round last fall. The new members are physicians from organizations of all sizes, covering family medicine, general surgery, pediatrics, internal medicine, and physical medicine and rehabilitation.

“The current EMR system, with its million clicks, creates a strain on our patience and happiness at work. Suki has allowed me to minimize this hassle and has greatly improved my job satisfaction,” said Reza Kermani, MD, a general surgeon based in Los Angeles. “I hope all providers embrace this tool and reclaim some of the joy of practicing medicine.”

Suki Assistant harnesses advanced natural language processing and machine learning algorithms and architecture to deliver an accurate and responsive experience for physician documentation and other tasks. A pilot study conducted by the American Academy of Family Physicians (AAFP) Innovation Lab found that family medicine and other primary care users of Suki Assistant realized a 72% reduction in their median documentation time per note.

“We are excited to welcome the 2022 class of Suki Experts and look forward to drawing from the deep wisdom and experience of these clinicians to advance our company’s aim of ‘every pixel in service of the doctor,” said Erin Palm, MD, VP of Clinical at Suki. “Who better than those leading the charge on the front lines of care to help our team navigate Suki’s next stage of innovation and growth.”

Suki works on mobile (iOS and Android), web, and as a native Windows application. For more information about Suki Assistant, click here.

Western Union Highlights ESG Progress and Recognitions Received

Business Wire India

• Company Releases Annual Environmental, Social and Governance (ESG) Report
• Focus Continues on Furthering Economic Prosperity, Promoting the Integrity of Global Money Movement and Advancing Diversity, Equity and Inclusion (DEI)

The Western Union Company (NYSE: WU) today released its 2021 Environmental, Social and Governance (ESG) Report, spotlighting the Company’s ongoing commitment to advancing its strategy and actions aligned with key ESG priorities.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220629005138/en/

 

Western Union's 2021 ESG report spotlights the Company’s ongoing commitment to advancing its strategy and actions aligned with key ESG priorities.(Photo: Business Wire)

“People are drawn to work for and do business with companies that make an impact,” said Devin McGranahan, Chief Executive Officer. “This year’s report shows that Western Union continues to make solid progress on our ESG journey, which in turn enables us to effect even more positive change in the communities we serve. I’m proud to work with colleagues who bring their best every day to improve the lives of our customers and communities around the world.”

 

2021 ESG Highlights

 

Western Union’s ESG strategy is focused on efforts and areas where the Company can make meaningful impact, including:

 

• Furthering economic prosperity: The Company launched a digital banking platform in Germany and Romania, combining money transfer, a multi-currency account and debit card. Western Union believes offering people simple, trusted solutions via digital and retail access points creates pathways for long-term economic success.
• Promoting the integrity of money movement: Western Union also continued progress on our commitment to money movement that is safe, secure and built on a foundation of integrity. While third-party data show the rate of fraudulent activity across the financial industry is increasing, in 2021 our Company’s reported consumer fraud globally decreased by 10% and we prevented approximately $1.9 billion in fraudulent transactions. These efforts were supported by fraud prevention messages that reached consumers through 121 million consumer fraud touches, a 97% increase over 2020.¹
• Advancing diversity, equity, and inclusion: Another key area of focus for the Company in 2021 was advancing diversity, equity and inclusion (DEI). In 2021, Western Union developed a DEI strategy focused on hiring, development, promotion, retention and cultural change. DEI milestones include:
  • A newly formed DEI program office, naming a Chief Diversity and Talent Officer, a specialized diversity recruiting lead and a full-time DEI program lead; and
  • Achieving gender pay equity globally and racial/ethnicity pay equity in the US.

This year also marks the first time Western Union has disclosed our Company’s Scope 1 and 2 greenhouse gas (GHG) emissions.

 

Increased Recognition

 

The Company also reported recognitions for its ESG efforts, including:

 

• Recognized as one of the World’s Most Ethical Companies® for the first time;
• Bloomberg’s Gender Equality Index for the third consecutive year;
• JUST Capital’s Top 100 Companies Supporting Healthy Families and Communities; and
• Human Rights Campaign’s Best Place to Work for LGBTQ+ Equality.

For more information and additional details related to our 2021 progress, and to download Western Union’s 2021 Environmental, Social and Governance (ESG) Report, click here.

 

About Western Union

 

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.

 

________________________________

 

1. Consumer Fraud Awareness Touches are derived from metrics tracked across various platforms, including paid media ads, social media (Facebook, Twitter, YouTube, Community Management), outreach attendees and wu.com/fraudawareness visits. Each platform may have a unique method for quantifying individuals who have consumed anti-fraud content, based on reach, impressions, views, visits and/ or received physical materials. Given that consumers may engage with our content through multiple channels, each “touch” may not be a unique consumer.

 

WU-G

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005138/en/

Western Union Highlights ESG Progress and Recognitions Received

https://ift.tt/mdkiTfD

Business Wire India

• Company Releases Annual Environmental, Social and Governance (ESG) Report
• Focus Continues on Furthering Economic Prosperity, Promoting the Integrity of Global Money Movement and Advancing Diversity, Equity and Inclusion (DEI)

The Western Union Company (NYSE: WU) today released its 2021 Environmental, Social and Governance (ESG) Report, spotlighting the Company’s ongoing commitment to advancing its strategy and actions aligned with key ESG priorities.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220629005138/en/

 

Western Union's 2021 ESG report spotlights the Company’s ongoing commitment to advancing its strategy and actions aligned with key ESG priorities.(Photo: Business Wire)

“People are drawn to work for and do business with companies that make an impact,” said Devin McGranahan, Chief Executive Officer. “This year’s report shows that Western Union continues to make solid progress on our ESG journey, which in turn enables us to effect even more positive change in the communities we serve. I’m proud to work with colleagues who bring their best every day to improve the lives of our customers and communities around the world.”

 

2021 ESG Highlights

 

Western Union’s ESG strategy is focused on efforts and areas where the Company can make meaningful impact, including:

 

• Furthering economic prosperity: The Company launched a digital banking platform in Germany and Romania, combining money transfer, a multi-currency account and debit card. Western Union believes offering people simple, trusted solutions via digital and retail access points creates pathways for long-term economic success.
• Promoting the integrity of money movement: Western Union also continued progress on our commitment to money movement that is safe, secure and built on a foundation of integrity. While third-party data show the rate of fraudulent activity across the financial industry is increasing, in 2021 our Company’s reported consumer fraud globally decreased by 10% and we prevented approximately $1.9 billion in fraudulent transactions. These efforts were supported by fraud prevention messages that reached consumers through 121 million consumer fraud touches, a 97% increase over 2020.¹
• Advancing diversity, equity, and inclusion: Another key area of focus for the Company in 2021 was advancing diversity, equity and inclusion (DEI). In 2021, Western Union developed a DEI strategy focused on hiring, development, promotion, retention and cultural change. DEI milestones include:
  • A newly formed DEI program office, naming a Chief Diversity and Talent Officer, a specialized diversity recruiting lead and a full-time DEI program lead; and
  • Achieving gender pay equity globally and racial/ethnicity pay equity in the US.

This year also marks the first time Western Union has disclosed our Company’s Scope 1 and 2 greenhouse gas (GHG) emissions.

 

Increased Recognition

 

The Company also reported recognitions for its ESG efforts, including:

 

• Recognized as one of the World’s Most Ethical Companies® for the first time;
• Bloomberg’s Gender Equality Index for the third consecutive year;
• JUST Capital’s Top 100 Companies Supporting Healthy Families and Communities; and
• Human Rights Campaign’s Best Place to Work for LGBTQ+ Equality.

For more information and additional details related to our 2021 progress, and to download Western Union’s 2021 Environmental, Social and Governance (ESG) Report, click here.

 

About Western Union

 

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit www.westernunion.com.

 

________________________________

 

1. Consumer Fraud Awareness Touches are derived from metrics tracked across various platforms, including paid media ads, social media (Facebook, Twitter, YouTube, Community Management), outreach attendees and wu.com/fraudawareness visits. Each platform may have a unique method for quantifying individuals who have consumed anti-fraud content, based on reach, impressions, views, visits and/ or received physical materials. Given that consumers may engage with our content through multiple channels, each “touch” may not be a unique consumer.

 

WU-G

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220629005138/en/

Pythian India Achieves “Great Place to Work” Certification After Building High-Trust, High-Performance Culture

The Great Place to Work designation demonstrates the company’s dedication to promoting a workplace of credibility, respect, fairness, pride, and camaraderie

HYDERABAD, India, June 30, 2022 (GLOBE NEWSWIRE) -- Pythian Services Inc. (“Pythian”), a leading data, analytics, and cloud services company, announced today that its Indian subsidiary, Pythian India Private Limited Ltd. (“Pythian India”), has been Great Place to Work-Certified™ in India. The recognition is a testament to Pythian's commitment and ongoing efforts to build a transparent, High-Trust, High-Performance Culture™ for all employees. 

Great Place to Work-Certified™ companies exhibit equal opportunities for advancement and inclusive engagement practices. The Great Place to Work Model© is a workplace assessment used to evaluate an organization's culture and people practices based on their Trust Index© and Culture Audit©. The anonymous evaluation gathers employee feedback on several fundamental elements: credibility, respect, fairness, pride, and camaraderie.

“We are honored to receive this workplace designation in India where we have a growing and thriving part of our company,” said Keith Angell, CEO at Pythian. “This recognition as a top employer is a testament to what we try to live every day—an inclusive, equitable, and transparent culture. One of our mottos at Pythian is “people always” and we empower our teams to find work-life balance, give back to their communities, and function with integrity and respect. I believe combining these attributes with an environment that continually challenges our teams to learn and grow makes Pythian an extraordinary place to work.”

Pythian’s employee footprint in India has grown significantly in the last three years, from 25 team members in 2019 to 170 as of June 30, 2022. To accommodate this accelerated growth, Pythian India expanded its offices in Hyderabad by relocating to Aurobindo Galaxy, Hitech City. The organization also plans to open a new Bangalore office in Fall 2022. 

With nearly 500 employees worldwide, Pythian employs industry experts to help the world’s leading enterprises unlock the value of their data. Learn more about Pythian’s unique culture and career opportunities at https://pythian.com/careers/.

About Great Place to Work® Institute 

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. The Institute serves businesses, non-profits, and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades. For more information, visit www.greatplacetowork.in. 

In India, the institute partners with more than 1,100 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures™ designed to deliver sustained business results. Hundreds of CEOs and CXOs from India Inc. are part of the great place community that is committed to the vision of making India a great place to work FOR ALL™.

About Pythian

Founded in 1997, Pythian is a leading global services company that helps organizations digitally transform by leveraging the power of data, analytics and the cloud. With a spectrum of solutions ranging from infrastructure modernization and data enablement to application acceleration and business collaboration, Pythian delivers full-lifecycle consulting, professional services and managed services to create outstanding business outcomes. For more information visit www.pythian.com or follow us on Twitter, LinkedIn and on our Blog.

Media Contacts

Elizabeth Walsh
Senior Vice President of Marketing
ewalsh@pythian.com
+1 612-605-3559        

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