Senior leadership of Satin Creditcare Network Limited has been conferred with the ‘Golden Globe Tiger Awards’ at the recently held awards ceremony in the global city of Malaysia. While, Mr. H. P. Singh, the Chairman and Managing Director of the company received the ‘Exemplary Leader’ Award, Mr. Dev Verma– the Chief Operating Officer has been awarded with ‘Leader of the Year’ Award. These prestigious awards aim at recognizing the highest levels of standards and benchmarks amongst individual and organizations.
The awards aim to recognize “TIGERS” in marketing, branding CSR & social innovation, education & academics across leadership levels who believe that excellence is infinite and perfection has no limits.
Acknowledging the Award, Mr. HP Singh- Chairman cum Managing Director, Satin Creditcare Network Limited, said, “I am humbled to have received this award. Any such award is a testimony of the work that team Satin is doing in the microfinance sector towards achieving government’s vision of inclusive growth. We want to be seen as one stop solution for the financially excluded households at the bottom of the pyramid for all their financial requirements.”
Under Mr. Singh’s leadership, SCNL has grown substantially to become the 2nd largest microfinance institution in India, today. Currently, the company has its footprints in 18 states with 898 branches across India. He has channelized his business acumen, strategies and entrepreneur skills in building an entire ecosystem for delivering financial services to the unbanked, low-income households, thereby uplifting their lives significantly.
On Dev Verma’s achievement, Mr. Singh said, “I feel immensely proud of Dev on having received the ‘Leader of the Year Award’. During the demonetization, SCNL business was impacted, Dev exhibited exceptional leadership skills and persistence by forging business partnerships, building team alignment and thereby successfully navigated Satin through this adversity.”
Recognizing the Award, Mr. Dev Verma- Chief Operating Officer, Satin Creditcare Network Limited, said “I am extremely delighted to receive this award. The last one year, has been challenging yet exciting and this award is a testimony of all the efforts the teams have put in. My endeavor is to make continuous efforts towards taking Satin Creditcare to greater heights by bringing in the best practices, building a robust back-end operations team.”
Capillary Technologies today announced that it has grown its global business by 200% YoY and has elevated Abhijeet Vijayvergiya as its President & Managing Director, Global Accounts and Asia Pacific.
In FY 18, Capillary crossed a landmark 1 Million transactions per day. The number of customer communications per month exceeded 50 million, and the value of annual transactions processed across geos crossed $15 billion in FY18.
Till date, Capillary has raised more than $100 million in funding, including the recent $20 million round. While Capillary has a strong presence in India, South East and Middle East, it’s looking to further strengthen presence in China and the Middle East, besides penetrating further into Southeast Asia. The company is opening its second office in China at Guangzhou and then another at Beijing later this year. Capillary is also scaling its operations in developed market such as US and UK with In-store AI products.
“Increasingly, our global customers such as Pizza Hut, VF Brands, KFC, Bata, Asics, Unilever, Siam Makro, to name a few, are leveraging our product suite across multiple countries. Brands are unlocking tremendous value with us for many reasons. Firstly, as the brands scale to multiple countries with our product suite, they realize better ROI. Secondly, our co-innovation focused agile delivery model helps brands to launch new ideas across markets in faster time. Finally, our global Center of Excellence (CoE) set-up helps brands to leverage learnings across countries,” quoted Ganesh Lakshminarayanan, COO, Capillary Technologies.
“Abhijeet is responsible for 3X growth in Southeast Asia business alongside scaling up India. Asia Pacific countries are strategic markets for us. Abhijeet will play a vital role in growing our Asia Pacific Business excluding India and China. He will also lead our global accounts segment across all geographies,” added Ganesh.
Strengthening food processing sector is key to achieving government’s aim to double farmers’ income, union minister Sadhvi Niranjan Jyoti said at an ASSOCHAM event held in New Delhi today.
“The government aims to double the farmers’ income by 2022 but we won’t be able to achieve that goal until we uplift and promote the food processing sector which is also important to provide pure food to consumers, create employment opportunities for people and provide fair price to farmers for their produce,” said the Union Minister for Food Processing Industries (MoFPI), Sadhvi Niranjan Jyoti while inaugurating ASSOCHAM National Conference on Cold chain technologies, convergence and capacity building.
She also said that government is working towards linking its objective of doubling farmers’ income with the need to promote food processing industry and providing consumers with easy access to quality food.
The minister also informed that India got investments worth over Rs 31,000 crore in the ‘World Food India,’ held in November last year.
In her address, she further said that government had sanctioned setting up of 14 cold chains to be set up in Uttar Pradesh (UP) out of the total 40 applications received for setting up cold chain projects across states. Similarly, many states were also working on setting up cold chains.
Talking about her recent visit to Poland she said that Poland is quite keen to make its agricultural ties with India a lot more stronger and has even proposed to become a hub for exporting Indian mangoes in its part of the world.
Addressing the ASSOCHAM conference, Mr Pawnexh Kohli, chief advisor and CEO, NCCD (National Centre for Cold-chain Development Department) stressed upon the need to build backend farm gate aggregation points as though there are enough number of cold stores in India but it is due to dearth of infrastructure we are unable to transport farmers’ produce directly to markets.
Dr B.B. Pattanaik, chairman, Warehousing Development and Regulatory Authority (WDRA) in his address talked about the need to promote capacity building in terms of creating requisite infrastructure and skill development.
Mr Viney Khunger, managing director, Carrier Air Conditioning & Refrigeration Limited said that one-third of everything that is produced in India gets wasted as such there is need for setting up an effective and integrated cold chain infrastructure.
Diagnostic imaging represents the second-largest segment of the medical devices industry in India, constituting 31 percent (8075 crore) of the industry in 2015-16. It is expected to grow at a rate of 13 percent over 2015–2020. Building on the existing installed base of electro-diagnostic and radiation apparatus, imaging parts and accessories are expected to lead this segment, growing at a CAGR of 15 percent over the next few years.