Bits’n’bytes: Know the professional events in Pune


Intsa-‘Book gets creative in Maharashtra

Opportunities for Creators Instagram and Facebook hosted their biggest event for creators on Thursday, “Creator Day India”. At the event, the company shared some of the top trends on platforms and launched its Designer Training and Empowerment Program in India –

The company also announced its India Designer Training and Empowerment Program – to make access to designer resources more scalable and democratized.

Paras Sharma, Director of Media Partnerships, Facebook India, said: “The creators of Maharashtra are creating trends that are pervasive and are shaping popular culture. The program is intended to help them learn, earn and grow their communities on Instagram. We hope that the creators will take advantage of this opportunity.

Y4D Foundation soft skills training

The Y4D Foundation announced an employability and soft skills training program in collaboration with the Ishanya Foundation and Tata Motors.

A special vocational training center has been set up by the Y4D Foundation to enable marginalized communities to impart knowledge, practical training and market-oriented learning modules, which will enable them to take up jobs in the new economy.

Praful Nikam, President of the Y4D Foundation, said, “The Y4D Foundation envisions the nation where every one of its citizens leads happy and satisfied lives. This can be easily achieved by empowering disadvantaged sections. Their full potential can be harnessed through encouragement, education and employment. We work to shape a sustainable society for future generations. ”

The Y4D Foundation is also modernizing the rural health center in Satara district in Maharashtra in collaboration with Alfa Laval India. A memorandum of understanding was also signed between the Y4D Foundation and Policy Bazaar for a large-scale financial literacy program, aimed at educating young people about financial skills and knowledge at an early stage to help them make decisions. enlightened financials. A solid foundation of financial literacy can help support a variety of life goals, such as saving for education or retirement, using debt responsibly, and running a business.

Payworld Expands to Reach Non-Tech-savvy Customers

Fintech Payworld is further expanding its retail network in Maharashtra to attract tech-savvy customers living in marginalized areas.

The company aims to engage all local retailers who understand regional customers and their needs. Payworld currently has 000 active retailers in the state and offers a one-stop solution for all digital financial transactions with services such as domestic cash remittance services, Aadhar Activated Payment System (AePS), rail booking, l insurance and bill payment services.

Praveen Dhabhai, COO, Payworld, said: “Payworld Retail contact points serve the banking and ATM (ATM) needs of customers in rural towns and level II and III. Currently, we have over 20,000 active retailers in the state, and we look forward to increasing the number further to 50,000 by the end of this fiscal year. The most consumed service in the state is the AePS, which simplifies the life of the inhabitants of the villages thanks to its easy cash withdrawal feature. We are grateful to our main growth drivers, which are local retailers, who are proficient in regional languages ​​and dialects and make us a user-friendly, fin-tech platform. “

Esri introduces Site Scan for ArcGIS

Geographic Information System (GIS) software and solutions provider Esri India presented Site Scan for ArcGIS, a comprehensive cloud-based drone mapping solution. The solution encompasses flight planning, data capture, data processing, analysis, data sharing and drone fleet management. It is offered as “Software as a Service” (SaaS) with unlimited storage and compute. Site Scan for ArcGIS is hosted in India, on a cloud approved by the Indian government, and ensures that drone data is stored and processed in India in accordance with government regulations. Site Scan for ArcGIS features the ability to process data captured by most drones made in India or overseas.

Agendra Kumar, Managing Director of Esri India, said: “With the new drone rules 2021, the creation of geospatial data using drones is expected to be boosted in the country. There is a need for a solution which simplifies drone flight, data capture, processing and consumption. Site Scan for ArcGIS hosted on a government-approved cloud in India meets these requirements and provides much needed manageability, reliability, scalability, and cost efficiency for drone data processing. Site Scan will also be a tremendous catalyst for our partner community and many drone service providers. “

MechaniK TV partners with ASDC

MechaniK TV, a technical skills initiative for automotive technicians launched by T7E Aftermarket Connect, has entered into a strategic partnership with the Automotive Skills Development Council (ASDC) to launch advanced online BS6 two-wheeler training in Hindi. The training course is expected to go live on November 1, 2021.

Initially, the MechaniK TV-ASDC partnership will revolve around the development of content for vehicles powered by hydrocarbon-based fuels. Over time, the partnership is also expected to produce certification programs that will enable independent aftermarket mechanics to be able to service electric vehicles and their ecosystem as well.

Rajeev Radhakrishnan, co-founder of MechaniK TV, said: “Thanks to carefully curated technical content, MechaniK TV has already enabled thousands of two-wheeler mechanics across the country to be able to service BS6 bikes without any formal training. . The partnership with ASDC will allow us to bring structure and credibility to the training. We hope to reach 10,000 two-wheeler mechanics over the next 12 months with the new course.

Arindam Lahiri, CEO of ASDC, said, “These mobile learning courses will help them diagnose and troubleshoot vehicle system and component issues. This will improve them on new technologies and new emission systems to better serve their customers. “

AlphaSense Raises $ 180 Million in Series C

New York-based AlphaSense, the leading market intelligence and research platform, announced its $ 180 million Series C funding round led by Viking Global Investors and the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), joined by Morgan Stanley, Citi, Bank of America, Barclays, Wells Fargo Strategic Capital, Cowen Inc. and AllianceBernstein, as well as existing investors.

The capital injection will be used to further invest in product development, content expansion and customer support, and to drive organic growth as well as acquisitions. The company previously closed a $ 50 million Series B in July 2019, which included leading investors such as Innovation Endeavors, Euclidian Capital by Jim Simons, Soros Fund Management and Tribeca Venture Partners.

Raj Neervannan, co-founder and CTO of AlphaSense, commented on the occasion: “Over the next two years, we intend to intensify the research and development of our platform, and a big contributor to this will be the doubling of our innovation. hub in Pune and Mumbai. AlphaSense’s technology leverages AI and NLP to extract relevant information from a vast universe of public and private content, including over 10,000 premium commercial sources. This enables professionals to make critical decisions with confidence and speed, improving business performance and results.

Insurance start-up Loop Health raises $ 12 million

Mumbai health insurance distribution start-up Loop Health raised $ 12 million (approx. ??88 crore) in a funding round led by Elevation Capital and General Catalyst.

The Series A funding round also saw participation from Vinod Khosla (via Khosla Ventures), YC Continuity Fund and Tribe Capital.

Leading angels like Amit Kumar Agarwal from Nobroker, Ramakant Sharma from Livspace, Vidit Aatrey and Sanjeev Barnwal from Meesho, Eren Bali from Carbon Health and Udemy, Zach Sims from Codeacademy and Kate Ryder from Maven Clinic also participated, said the company based in Pune. in a report.

Loop Health has sold over 50,000 policies to 150 companies in the past 12 months and is down 50% month-over-month.

It has also strengthened its team from just 10 to over 80 employees and is operational in Pune, Mumbai and Bangalore. The biggest hiring is that of Amit Punchhi, who was CBO and CIO at HDFC Life as president.

The company will use the funds to grow its business and for product development through personalized insurance products, including wellness clinics and physical health care, and will promote strategic recruitment, primarily in the sales and engineering, said Mayank Kale, co-founder and CEO of Loop Health. Loop was started in 2018 by Mayank Kale, Ryan Singh, Amrit Singh and Shami Raj and currently only sells group health insurance plans.

Loop’s client list of 150 companies includes,, Helpshift, Knorr Bremse, Shoptimize, Weikfield and Moonshine Meadery, among others.

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