Month: March 2022

OptimHire aims to disrupt the $31 Billion IT Recruiting Industry

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·*OptimHire presents a much-needed solution to the Talent shortage crisis that IT companies face today by helping them hire Developers in Days, not Months*
·*Aims to raise INR 150 Crores to expand Global Operations*
***OptimHire* <optimhire.com/>*, *a Hyderabad-based global recruiting firm, aims to disrupt the $31 Billion IT Recruiting Industry by using AI, Automation, Crowding-Sourcing, and Gig-Economy. OptimHire has created a 3-way ecosystem between Companies, Candidates, and Referral Partners (Online marketers, Affiliates, Freelance recruiters) reducing average hiring time from 6 Months to just//12 Days.
Companies using OptimHire platform get Free Job posting, Free access to 600,000+ Pre-Screened Candidates, and Free AI-powered Recruiting Platform (ATS System) and irrespective of the size of the business, OptimHire serves customers across segments, from Startups to mid-size companies to large MNCs, namely Google, Amazon, Xiaomi, Jio, Rapido, Credijusto etc.
In the recruiting industry, the traditional hiring process comes with numerous challenges. Firstly, companies need to buy expensive job postings, resume database and spend lakhs of rupees on ATS systems. Secondly, after job posting is published, they have to wait for 2 to 8 weeks to get responses from Candidates. Next, they spend 100+ hours screening resumes, coordinating Interviews, and negotiating offers with candidates. Thus, this entire process takes up to 6 months and it becomes more cumbersome, costing companies huge losses because of the time delay. Understanding these core challenges faced by the companies, OptimHire comes with a 360degree solutionwherein it uniquely combines and enables Placement Services, Job boards, Referral partners, AI tools and Interview Tools into an All-in-One Recruiting platform. Also, companies can save 100+ hours as OptimHire will pre-screen candidates as per their custom hiring process and look at hiring candidates just in a few days.
*/Lakshmi M Kodali (Larry), Founder & CEO – OptimHire /*/said, “//We are delighted to be part of the Recruitment industry in a time when the IT industry is experiencing exponential growth, and at the same time Great Resignation trend that is resulting in a talent shortage crisis. We have noticed a huge rise in demand for tech candidates, we expect this to continue for at least the next five years. At OptimHire, we help companies hire developers in Days, not Months, by providing free access to over 6 lakhs pre-screened tech talents and AI-powered recruiting platform”/
/“We have raised INR 20 Crores in Seed funding from Mucker Capital and Pitbull Ventures. Now, with over 120 clients and witnessing 26% growth MoM, we intend to raise INR 150 Crores in the next phase of Series A funding. We would like to capitalize on product innovation and expand our team across geographies with priority markets being India, United States, Canada” he further added./
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*OptimHire Benefits: *
*For Companies*
·*Free*access to *600,00+ Pre-interviewed developers*,
·*Free Job Posting*,
·*Free ATS*(Application Tracking System)
·*10X Faster Hiring –*OptimHire on average reduces hiring time from /6 months to just 12 days/
*For Job Seekers *
·*50% to 300% Hike in Salary – *OptimHire’s ecosystem**enables**job opportunities**from across the globe. As companies compete for the best talent, OptimeHire’s helps in finding the best job opportunities with the highest pay for the job seekers
·*10X Faster Placement –*OptimHire’s Global Job ecosystem facilitates candidate a provision to fill only a single application to apply to multiple positions. Thus making the whole process 10X faster and easier for candidates. **
*For Referral Partners – Online Marketers/ Affiliates / Freelance Recruiters *
·*10X Income *– OptimHire pays up to 50% of the revenue that it makes on each placement as commission to the Referral Partner
·*10X Transparent & Ease of Use*– OptimHire is the only company in the HRTech Industry that has created the most transparent & sophisticated Referral System. OptimHire’s Referral Partners have all the tools and have complete transparency on the Hiring stages of their referred candidates.

Contributing to Metaverse Revolution in India, Leading Extended Reality Innovator, AjnaLens, Raises Rs 12 Crore

AjnaLens, Mumbai-based XR hardware and software company raised Rs. 12 crore from renowned investors like Let’s Venture Angel Fund, JITO Angel Network & few visionary angel investors, in another round of a Pre-Series A.

L-R: Abhijit Patil (Co-founder & COO), Abhishek Tomar (Co-founder & CTO), Pankaj Raut (Co-founder & CEO)

The one-of-its-kind Indian player in the XR space has clocked funding in the past from noteworthy angel investors like Vijay Shekhar Sharma, PAYTM; Japan Vyas, Roots Ventures; Chirayu Khimji, Khimji Ramdas Group of Oman; Jay Jesrani, Private Equity Investor; Maharashtra Defence & Aerospace Venture Fund managed by IDBI Capital Markets and Securities Ltd., Chetan Kajaria, Kajaria Ceramics, Manish Bhatia, Bhatia Brothers UAE; MHD Group from Oman among others. The company has seen repeat investors during this current and the last two rounds of funding.

Announcing the investment, Sunil Kumar Singhvi, Vice Chairman JITO Angel Network said, “​It’s just a few years back, start-up companies were lagging far behind in competing with the established defence companies. But, thanks to the start-up revolution, the Indian defence system is booming with a range of defence start-ups. ​AjnaLens is one of them where we at JITO Angel Network are proud to back the dynamic team who ​have developed critical solutions for the security and defence space and at present developing several indigenous technologies​, including the appreciation worthy iDex challenges.”
AjnaLens is an OEM who designs and manufactures Virtual, Augmented & Mixed Reality glasses with utility across sectors like enterprise, defence and skill training. In addition to hardware, the company provides end-to-end VR/AR/MR solutions customized to business needs.

“With rapid adoption of technology, deeper internet penetration in India, terms like metaverse will become common tech vocabulary in the near future. We thank the above investors for believing in our vision to augment human intelligence and empowering them to progress towards higher awareness. Focusing on growth, AjnaLens will utilise the funds to propel tech innovation, manufacture in India, expand the team and customer base,” said Abhijit Patil, Co-founder & COO, AjnaLens.

Under the Ministry of Defence’s iDEX initiative, AjnaLens has successfully completed user field trials of their indigenous see-through armour technology AjnaESAS to upgrade the battle tanks of our nation. As pioneers in building intelligent defence solutions using augmented reality, artificial intelligence and sensor fusion, AjnaLens is upgrading India’s existing MANPAD (Man-portable air-defence system) systems by providing the operators with an enhanced vision to effectively engage the target.

“We will continue to create sustainable impact by facilitating digital transformation across public and private sectors. Current projects with the Ministry of Defence’s iDEX initiative and Tata Technologies are examples of effective collaboration for lasting impact,” Abhijit Patil adds.

Few noteworthy clients include the Indian Army, Indian Navy, DRDO, Ministry of Defence, President of India, Tata Technologies, Vedanta, L&T, Cymax Infotainment, Forster Consulting, PM Experts, VR Coating, Maharashtra State Innovation Society and many more. In 2021, Tata Technologies onboarded AjnaLens as their ‘Extended Reality’ partner to upgrade 150 Industrial Training Institutes in Karnataka and 149 in Bihar.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

Mapmygenome launches Genomics Experience Center in Bengaluru

BENGALURU, India, March 2, 2022 /PRNewswire/ — Mapmygenome India opened its Genomics Experience Center in Bengaluru on March 1. The NABL & ICMR certified center is located at Sector 7, HSR Layout. The new center is an expansion of Mapmygenome’s services provided in Hyderabad and Delhi. Now, customers can get access to distinctive services such as genetic tests, genetic counseling, blood tests, health screening tests, antibody tests and COVID-19 RT-PCR tests.

Dr C N Ashwath Narayan, Minister of Information Technology and Biotechnology inaugurated the center. “We welcome Mapmygenome to Bengaluru and we welcome you with open arms. We will support this venture in any way possible,” said Dr Ashwath Narayan, during his inaugural address. “Mapmygenome’s mission is commendable and it will definitely help ten crore people of the state, in facilitating preventive healthcare,” he said.

Dr Kiran Mazumdar-Shaw, Chairperson of Biocon Limited and Biocon Biologics Limited, was the guest of honor. “India is at the cusp of genomic revolution and I think Mapmygenome is at the forefront of this revolution. The pandemic has really shown us the need for genomic expertise,” said Dr Kiran Mazumdar-Shaw. “With this backdrop, it is great to have a company like Mapmygenome expanding their services to preventive genomics that combines genomic sequencing and biochemistry,” she added.

The move to launch a genomics center in the Mecca of startups, aims to provide more personalized experience in genetic testing and its possibilities among the tech savvy customers of Bengaluru. Mapmygenome witnessed a solid demand for its genetics and health screening tests from the Garden City. With the new center, customers get real-time experience about the process of genetic testing and actionable plans in preventive healthcare under the expertise of certified genetic counselors.

Anu Acharya, CEO of Mapmygenome, said, “We are calling this a genomics experience center as we will combine genomics with lifestyle and preventive biochemistry. We also have nutrition, medical and genetic counseling for our customers. We chose Bengaluru as our first experience center as it is a melting pot of the modern and the traditional.”

The data confidentiality of each customer is a priority in the Genomics Experience Center and is powered through secure Biotracker LIMS. The center also ensures long-term engagement with the customers including tests and health updates using latest sequencing technology and genetic sequencing platforms.

About Mapmygenome

Mapmygenome® is India’s largest personal genomics company that encourages people to be proactive about their health. Mapmygenome offers personalized health solutions based on genetic tests that help people get to understand their genetic selves. By combining genetic health profiles, health history, and genetic counseling, Mapmygenome provides actionable steps for individuals to lead healthier lives.

Founded in 2013, Mapmygenome started as India’s pioneering Personal Genomics Company with a vision to “Touch 100 million lives and save a million lives by 2030.” Mapmygenome’s teams at Hyderabad and Delhi comprise biotechnologists, statisticians, geneticists, bioinformaticians, and medical counselors. Mapmygenome has analyzed thousands of samples from all over India and various countries and has provided personalized genetic reports that have been used in early detection of disease and increased quality of life.

Mapmygenome was among the first private diagnostic labs to receive approval from Telangana State Government for COVID-19 testing. Their lab analyses samples for SARS-CoV-2 from walk-in customers, healthcare partners, home collections, and corporate clients. In November 2020, they launched a new NABL and ICMR approved COVID testing lab at Hyderabad International Airport.

Recently Mapmygenome started its Delhi lab for genomic testing, blood tests, imaging and genetic counseling.

Website: www.mapmygenome.in

Photo: https://mma.prnewswire.com/media/1757972/Mapmygenome_inauguration.jpg

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(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same.)

Bharti AXA Life Insurance ropes in National Award-winning actress Vidya Balan as brand ambassador

Through this collaboration, Bharti AXA Life aims to deepen customer engagement and emphasize the need to make smarter financial choices when it comes to life insurance

Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today announced that it has roped in National Award-winning actress Vidya Balan as its brand ambassador.

Vidya Balan embodies the core values of Bharti AXA Life Insurance and will help deepen the narrative of #DoTheSmartThing championed by the brand. Bharti AXA Life has been at the forefront of engaging with new-age customers and empowers them to deal with unpredictability in achieving life goals through assured financial returns on maturity. Last year, it had announced a new brand purpose which centres on how making insurance simple for customers in a complicated world.

Commenting on the announcement, Parag Raja, MD & CEO, Bharti AXA Life Insurance said, “Vidya Balan has been a challenger in her field, expressing herself authentically and has always questioned stereotypes. She has excelled in bringing compelling and unique narratives to life on screen and is self-made, reliant, and audacious- values that strongly resonate with Bharti AXA Life as a brand. We believe in long-term relationships and are excited to bring Vidya on board to further our goal of broadening life insurance penetration across India.”

Speaking on the association, Vidya Balan said, “Bharti AXA has always been committed to simplifying insurance and empowering Indians to making smarter and savvier financial choices. I am extremely excited to represent the brand and help them further their manifesto of #DoTheSmartThing. It is heartening to see how the company has raised the bar of serving customers and constantly advocates for securing their financial futures. I look forward to the association and kicking off our engagement.”

Geetanjali Kothari, Head of Marketing, Bharti AXA Life Insurance added, “At Bharti AXA Life, our brand promise is to #DoTheSmartThing and we believe in empowering customers to make better choices through all our offerings & initiatives. We are excited to bring Vidya on board and look forward to an enriching partnership with her. We believe that our association will help us strengthen awareness around the category and build a more meaningful and purpose-driven connect with our customers.”

Over the past year, Bharti AXA Life Insurance has registered steady growth and performance, expanded on its suite of customer-centric products, and made strategic investments in digital platforms to enhance customer experience and facilitate seamless services. The company plans to expand on the back of strategic partnerships and by increasing its distribution footprints across the country and aims to meet the rising bar of higher service standards and customer expectations through digital innovations.

 

Brinton Cracks Strategic Alliance with Scholl Wellness Company

The Indian Pharma Multinational ties exclusive sales and distribution rights of Scholl foot care products including Krack Cream

Brinton, the Indian Pharmaceutical Multinational, which has been steadily increasing its footprint in the Indian and global healthcare sector, in a strategic move today announced a tie up with the global foot care brand, Scholl Wellness Company, for the sales and distribution of the latter’s products in the Indian market, that include the famed brand, Krack Cream.

Brinton Office Building in Pune

“We are extremely proud to collaborate with Scholl to build its heritage brands including Krack Cream. Scholl is the global leader in the foot care industry and we’ve an interest in the area of dermatology among others. Our endeavour is to build on this legacy through our mammoth distribution network and strong marketing capabilities. This will help to build the brand further and reach the pinnacle of success,” said Brinton Chairman and Managing Director Rahulkumar Darda.

Scholl, the No.1 foot care brand in the world has an array of foot care products like Arthritis Pain Reliever, Custom Fit Orthotics, different varieties of insoles, Odor-X, a Probiotic Extract Formula Foots Spray, Wart Remover Freeze Away Max, Ingrown Toenail Pain Reliever and Fungal Nail Revitalizer among others. Krack Cream, however, is the most popular brand commanding 80% market share in India.

Scholl offers complete foot care through innovative products for healthier feet. This partnership would further strengthen our resolve to expand our market in India. Interestingly, the global foot care market is expected to reach USD 4.4 billion by 2026.

“The foot care market continues to offer exciting marketing opportunities. Its market size is expected to grow at 7.9% CAGR for the next few years since there is a growing requirement of foot care products for maintaining better aesthetics and ensuring hygiene. Fluctuating lifestyle and altering fashions are augmenting exposure of feet skin,” added Darda.

Global market research, in this backdrop, indicates that the demand for foot cleansing lotions, creams and repair ointments would continue to rise. Then, there is also the increasing incidence of diabetes and bacterial infections which is further fuelling the growth of the foot care industry.

A recognised pharma leader that uses innovative and emerging technologies right from product research to formulation development, Brinton has interests in dermatology, paediatric and gynaecology. The company offers several high-quality products related to skin, children, women’s health and wellness.

“Our scientific and technical expertise makes us one of the most trusted brands and we believe in delivering world-class products at affordable cost. Our alliance with Scholl is an extremely important step towards strengthening our foothold in the OTC segment. We will penetrate into the market deeper ensuring the availability of Scholl products to a wide variety of customers,” Darda informed.

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(Disclaimer: The above press release comes to you under an arrangement with NewsVoir India and this publication takes no editorial responsibility for the same)

Prince Mohammad Bin Fahd University Embraces the Digital Transformation of Higher Education in a World Changed by the COVID-19 Pandemic

AL-KHOBAR, Saudi Arabia, March 2, 2022 /PRNewswire/ — Over the last quarter-century, the meteoric rise of the internet and portable electronic devices has swiftly transformed education. Over just the last two years, however, the pace of transformation has accelerated further and even more profoundly as the world has dealt with the COVID-19 pandemic.

Amidst such upheaval in the education industry, Prince Mohammad Bin Fahd University (PMU) has agilely adapted and innovated to ensure that its student body of more than 18,000 enrollees has retained access to the best available resources and is equipped for the altered workplace of the present and future.

“The last couple of years have presented major obstacles to the enterprise of higher education as it has existed in our modern technological era,” said Dr. Issa Al Ansari, President of PMU. “Yet by embracing the power of educational technology and skillfully adapting our pedagogy, we are continuing to meet our goal at PMU as a service provider of higher education by aligning with the latest practices and advancements.”

This new era where administrators, faculty, and students engage some, most, or even all of the time in the enterprise of higher learning offsite through digital tools has required institutions to revamp their operations.

In this regard, the Information Technology (IT) Department at PMU has worked alongside the university’s faculty and staff, as well as with the students themselves, in managing to effectively stay the academic course during the COVID-19 crisis.

Among the many initiatives the IT Department pursued, its technicians proactively installed and upgraded the university information technology infrastructure in order to meet the needs of a suddenly large and long-term remote user community. Other efforts involved rolling out digital tools such as Blackboard Ultra, an online teaching application, and Microsoft Teams, a web-conferencing program, and assisting educators and students in how to use them. PMU’s technicians also made virtual private networks (VPNs) available to remote users to grant them access to vital on-campus licensed software.

By embracing digitally enhanced educational instruction and interactions, the PMU faculty have likewise adapted their teaching methods for all-remote and, when pandemic conditions have allowed, hybrid environments involving a mix of in-person and offsite learning.

“The pandemic has changed the world, and we at PMU have changed in response both pedagogically and technologically,” said Dr. Al Ansari. “We are doing our part to help usher in a bright future for our global society.”

Video – https://www.youtube.com/watch?v=wzKDKPJ39IA

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(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same.)

AntWorks CMR+ Now Available on the Pega Marketplace

AntWorks’ Advanced IDP offers Unrivalled Accuracy, Scalability and the Ability to Process Documents in Any Format

SINGAPORE, Feb. 28, 2022 /PRNewswire/ — AntWorks’ technology, including its groundbreaking IDP solution CMR+, is now available on the Pega Marketplace. The Pega Marketplace allows Pega clients to explore a carefully selected range of partner solutions. More than 200 components, solutions, and packaged services allow clients to enhance their existing Pega solutions. Solutions encompass best practices, delivery services, and technology assets. Customers also enjoy a wide choice of developer- or Pega-developed tools.

AntWorks’ CMR+ brings the latest AI tools to Intelligent Document Processing, including Machine Learning and Deep Learning. The result: a solution that can read, understand, and organize data from any semi- and un-structured document – reports, emails, forms, handwritten text and images. CMR+ is compatible and works seamlessly with all Pega solutions and most of the latest versions.

AntWorks’ clients include banks and financial institutions, insurers, business process outsourcing companies and healthcare organizations. Because the solution is explicitly designed to scale, it particularly benefits customers who need to process hundreds of thousands, even tens of millions, of documents.

Whereas many AI-driven solutions are time consuming and expensive to train, CMR+ needs just a few hundred documents rather than millions and consequently the costs of training, in terms of time and hardware, are low. The fact that it can readily be trained through an easy-to-master UI means that CMR+ quickly adapts to the needs of each individual customer. Allied with AntWorks RPA, users have an agile, powerful and customizable end-to-end IDP solution that gets ever-more accurate and needs less and less supervision.

“Pega and AntWorks are a great match,” says AntWorks CEO, Mike Hobday. “Pega offers a powerful platform that its users like and trust, AntWorks brings practical, easy-to-use-and-deploy solutions to automate the processing of millions of documents in multiple formats, and we really deliver outstanding value to those dealing with hard-to-capture, unstructured documents containing handwriting, images, tables, signatures and so forth. We look forward to helping Pega customers with those challenges.”

“AntWorks and CMR+ are great additions to Pega Marketplace,” says Rupen Shah, VP, ISV Alliances and Strategy, Pega. “A key feature of Pega Marketplace is that customers know that the tools and solutions offered are carefully chosen so you can explore the options with confidence. AntWorks and CMR+ offer a great solution to any organization needing to capture all the data from a diverse range of sources.”

For more information about AntWorks CMR+ please visit the Pega Marketplace.

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(Disclaimer: The above press release comes to you under an arrangement with PRNewswire India and this publication takes no editorial responsibility for the same.)