Wednesday, October 31, 2018

deAsra Foundation encourages entrepreneurship, and promotes job creation in India

deAsra Foundation inspires entrepreneurship by conducting Entrepreneur Excellence Awards



deAsra Foundation, a not for profit organisation from Pune, held  their annual Entrepreneur Excellence Awards function at Dewang Mehta Auditorium, Persistent Systems Ltd., Pune.

The Entrepreneur Excellence Awards is deAsra’s way of celebrating entrepreneurship and providing a forum for the successful stories of established entrepreneurs to be shared with a wider community. This award also aims to provide aspiring and existing entrepreneurs an opportunity to learn from their journeys.

The awardees of the evening were Milind Shalgar, owner Shalgar Hosiery; Neha Sarang Lagu, Director Lagu Bandhu Jewellers; Dr Vinay Koparkar, Founder & Director, Papillon Hair & Face Clinic; Mandar Desai, owner Desai Bandhu Ambewale, and Mr. Hanmant Gaikwad, Founder and owner of BVG. These awardees were honoured by Dr. Anand Deshpande, Founder of deAsra Foundation and Founder, CEO of Persistent Systems.

The dignitaries shared their experiences, especially challenges, and how they overcame them.

They also discussed what inspired them during their entrepreneurial journey.

The honourable dignitaries felicitated champion entrepreneurs from deAsra’s entrepreneur community, who are setting an example by living their dreams of becoming successful entrepreneurs. These entrepreneurs are a part of deAsra’s 8000+ strong entrepreneur community which has benefited from various deAsra services, in various sectors such as food, fashion, beauty and more.

On this occasion, Dr. Anand Deshpande said, “deAsra is now focusing on a highly growing segment of urban service jobs for scaling. For this, most of the tools and resources, including checklists required for any small business entrepreneur is now made available online. Any assistance required by the entrepreneur is provided through a telephonic call or on Google hangouts. Packaging the service solutions is something we are hoping would be of great help to all entrepreneurs.”

During the discussion, Mr. Hanmant Rao Gaikwad encouraged entrepreneurs by mentioning that he had a vision at a very young age, to do something on his own, and with that he wanted to contribute to the progress of the country. If an entrepreneur persistently continues to work towards his/her vision, soon dreams will become a reality. He encouraged entrepreneurs to believe in themselves even in the toughest of times.”

Mr. Shalgar mentioned how product innovation can be an USP of any small business. Over a period, Shalgar Hosiery has been creating new products as per customers’ demands and has created a brand which offers clothing for the entire family under one roof.”

While talking about breaking the stereotype work profile/ profession, Dr. Vinay Koparkar said, “He was the first doctor from his generation who started a men’s salon with skin treatment service for men. Critics & negative comments never stopped him from learning different techniques and implementing them. He believes hair cutting is also a science. His efforts in research and his belief in his products and service has lead him to be where he is today.”

Mr. Mandar Desai of Desai Ambewale, said, “For over 87 years we have successfully maintained the trust of our customers. This is important in every business. This trust helps your business grow successfully.”

Gemologist and jewellery designer Ms. Neha Lagu said, “Today’s customers are very selective in their requirements, and we have to be sensitive to their needs. Understanding their requirements and customizing designs to their likings is the key to our success.”

In an endeavour to provide a platform of recognition, the dignitaries also felicitated deAsra champion entrepreneurs from similar sectors.

deAsra Foundation has been a strong support to existing and aspiring small business entrepreneurs, providing knowledge, tools, templates and services through the portal, www.deasra.in, to overcome the challenges they face while running or starting a business.

This event encouraged entrepreneurs to take the next step in their business journey, and be the job creators that India needs today.


Media Contact: Aspire PR & Strategies Pvt. Ltd., Aspire has been the leading agency in the PR industry of India since 2004, its 14 years small journey with wisdom and extensive experience of organizing more than 1800 press conferences and 5000 plus press releases with best PR results to some of the most renowned clients in various sector. We are also one of the top Social Media Agency in Pune.

Thursday, October 25, 2018

QNET Entrepreneurs kick off Festive Season by Raising Funds for Underprivileged Community in 21 Cities including Pune


  • Money raised to fund essential goods for orphanages, old-age homes, and others in need
  • 39 events planned across 21 cities in the country
  • Pledged sums ranging from INR 50,000 to INR 1 Lakh in each city


Pune, October 16, 2018: Independent representatives of Direct Selling company QNET have once again come together to brighten up the festive season for the underprivileged. In a series of events spread across 21 cities throughout India, various groups of Independent Representatives have come forward to raise money to help the underprivileged communities.

Around 100 young entrepreneurs, who run a successful direct selling business with QNET, have pledged between INR 50,000 to INR 1 lakh per city towards important causes benefiting a local community in need. This is the fourth year that these entrepreneurs have initiated such an exercise during the festival season to reinforce their commitment to helping communities and their own belief in the spirit of giving.

Funds raised by the group this year will be used to help orphanages, homes for the disabled and the elderly, and for the education as well as provision of life-saving medical treatment to children in need.

In Pune more than 20 such entrepreneurs came together and distributed groceries, toiletries and blankets at the Madhurbhav Bliss (AJ Foundation) Old Age Home.

Entrepreneurs have also planned 38 other such charitable initiatives in Chennai, Hyderabad, Bangalore, Pune, Kolkata, Bhubneshwar, Hubli, Mangalore, Mysore, Patna, Delhi, Lucknow, Jaipur, Chandigarh, Jammu and Meerut, between 14 October and 7 November 2018.

“We have been fortunate to find our path and purpose with QNET which has helped us transform, not only our lives, but the lives of those around us. Giving back to our community during this auspicious festival season is our way of paying it forward.” said Mahesh who leads the effort of the group in Pune.

Commenting on the effort, QNET Global CEO Trevor Kuna said “The initiative undertaken by our Independent Representatives in their individual capacity is truly encouraging. QNET’s underlying philosophy of RYTHM – Raise Yourself To Help Mankind is the force that drives a lot of what we do. It is a reflection of our business, which is about empowering people to take control of their lives, so that they can, in turn, help empower their communities. After all, there is no better feeling than doing well while you are doing good”.

QNET had in the past partnered with the Cancer Patients Aid Association in Mumbai to support the treatment of children with cancer from low-income families. QNET had also contributed significantly towards the Swachh Bharat Swachh Vidyalaya campaign by partnering with the Lions Club in Bangalore, Chennai and Hyderabad on a number of projects including clean drinking water, nutrition education and health camps for children.

The second such event will be held on 31st October at the Sanmati Bal Niketan Sanstha, Manjari Budruk.



Payoneer Features in CB Insights List of Top 250 Fastest-Growing Fintech Companies Globally

  • Payoneer recognized for its contribution in the cross-border payments and global e-commerce
  • Payoneer is the only fintech company present in India that provides cross-border payment services exclusively for the B2B trading/segment to have been featured in the list
Pune, India, October 23, 2018 – Payoneer, an innovative cross-border payments company that drives global eCommerce, has been featured in the CB Insights 2ndannual top 250 companies in Fintech sector, the only fintech company that provides cross-border payment services exclusively for B2B trading sellers and freelancers to have made it to the list.
Commenting on this achievement, Payoneer’s Country Head, Rohit Kulkarni said, “Payoneer does not just limit itself to transfer of payments, but our bigger goal is to enable Indian sellers to take global strides and sell more in international markets. India is a key strategic market for us, and with sellers and services on the rise who do cross-border trading, our mission is to empower every single Indian seller and freelancer through our platform experience. We are excited that CB Insights recognized our efforts and felicitated us as one of fastest growing fintech companies globally.”
The CB Insights research team selected the top 250 Fintech companies based on several factors including data submitted by each company and their Mosaic Score. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically-driven approach, the Mosaic Score can help predict a company’s momentum, market health and financial viability.
The Payoneer Advantage:
  • Cost Effective: SMEs can receive funds from their international clients for ZERO transfer fees and at competitive rates as compared to other payment providers.
  • Convenient: Access to international receiving accounts and funds auto transferred to the local bank account in INR or in USD.
  • Compliant:  Payoneer partners with India’s leading banks and helps its Indian customers with tax compliance
  • Global Marketplace Expansion: Payoneer partners with over 2000 enterprise clients including world-leading marketplaces like Amazon, Wish, Tophatter, Cdiscount, Lazada and Rakuten. We help our customers grow their businesses by expanding into new geographies and markets.
About Payoneer:
Payoneer empowers global commerce by connecting businesses, professionals, countries and currencies with its innovative cross-border payments platform. In today’s borderless digital world, Payoneer enables millions of businesses and professionals from more than 200 countries to reach new audiences by facilitating seamless, cross-border payments. Additionally, thousands of leading corporations including Airbnb, Amazon, Getty Images, Google and UpWork rely on Payoneer’s mass payout services.


With Payoneer’s fast, flexible, secure and low-cost solutions, businesses and professionals in both developed and emerging markets can now pay and get paid globally as easily as they do locally. Founded in 2005 and based in New York, Payoneer is venture-backed, profitable and ranked in the top 100 of Inc. 5000’s Financial Services companies and was awarded a spot on the 2018 CNBC Disruptor 50 list.

KPIT Second Quarter Results FY 2019

Q2FY19 reported EBITDA at 13.6%, growth of 62.5% Y-o-Y, 19.3% Q-o-Q
Q2FY19 Constant Currency Revenue growth of 2.9% Q-o-Q,
Constant Currency Revenue growth of 9.8% in H1FY19 over H1FY18
Investor Release BSE: 532400 | NSE: KPIT 
India, October 24, 2018: KPIT (BSE: 532400; NSE: KPIT), a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy and Utilities companies, today reported its consolidated financial results for the second quarter and half year ended September 30, 2018.
Highlights for the quarter ended September 30, 2018
  • ₹ Revenues grow 6.4% Q-o-Q and 17.8% Y-o-Y
  • Net Profit for the quarter registers a Y-o-Y growth of 37.4%
  • Operational EBITDA for the quarter at 15.2%
  • Reassuring increase in Pipeline, led by large deals in Engineering
  • BMW today announced KPIT as a technology partner for Autonomous Driving
 Management comments
Commenting on the performance of Q2 FY19, Kishor Patil, Co-founder, CEO & MD, KPIT said, “The quarter gone by witnessed solid improvement in operating margins despite wage hikes, driven by operating efficiencies and better quality of revenues. We are on track to achieve our annual revenue guidance and exceed the annual operating margins guidance. The Merger Demerger process is progressing well, as per planned timelines.”
Sachin Tikekar, President and Board Member, KPIT said, “Engineering and Digital revenues continue to grow at a much faster rate for us. We expect the trend to continue during the remainder of the year. We are progressing well on the business familiarization process with Birlasoft and are happy with the cultural and value similarities between the two organizations.”
About KPIT Technologies
KPIT (BSE:532400, NSE: KPIT) is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy & Utilities and Life Sciences companies. Together with its customers and partners, it creates and delivers technologies to enable creating a cleaner, greener and more intelligent world that is sustainable and efficient.

Tuesday, October 23, 2018

deAsra Foundation’s second Entrepreneurs Excellence Awards 2018 to be held on 26th October

In a bid to inspire aspiring entrepreneurs and promote entrepreneurship, deAsra foundation is all set to organise its second Entrepreneurs Excellence Awards 2018 that is going to be held on Friday, 26th October 2018 6:00 PM onwards at the Dewang Mehta Auditorium, Persistent Systems, Senapati Bapat Road, Pune. Before the award ceremony, people will get an excellent networking opportunity to interact and connect with deAsra’s entrepreneurs and mentor community 5:15 pm onwards.

These awards will be given to five successful entrepreneurs from various sectors such as food, fashion, beauty and more. Prominent names include; Mr. Hanmant R. Gaikwad, Chairman & Managing Director, BVG India Ltd., Mr. Milind Shalgar, owner Shalgar Hosiery, Ms. Neha Sarang Lagu, Director Lagu Bandhu Jewellers, Dr. Vinay Koparkar, Founder & Director, Papillon Hair & Face Clinic, Mr Mandar Desai, Owner Desai Bandhu Ambewale, will be honored. These dignitaries will also felicitate five deAsra-empowered entrepreneurs.

Hon’ble Shri Vishwas Mahajan, Founder –Whizible LifeLine Systech (Ex-Trustee at TiE Global, Secretary MCCIA) will conduct a discussion session between these dignitaries at the award function. Dr. Anand Deshpande, Founder & CEO of Persistent Systems, Founder of deAsra Foundation, will felicitate these five successful entrepreneurs.

Ms. Pradnya Godbole, CEO deAsra Foundation said, “We bring these dignitaries together to share their journey and insights gained from years of experience, so as to inspire those who wish to start their own business journey and also those who are currently running a business.”

deAsra Foundation is committed to provide the right guidance and encouragement to those who wish to start and grow a small business. Established and aspiring entrepreneurs should attend the event to hear first-hand about the successful entrepreneurial journeys of these personalities.

Media Contact: Aspire PR & Strategies Pvt. Ltd., Dipali Dhamal, 9689966141/9967348414 020 24488778

Friday, October 12, 2018

Puranik Builders Limited gets SEBI Nod for its IPO

Puranik Builders Limited, prominent residential real estate developers in Mumbai Metropolitan Region (MMR) and Pune Metropolitan Region (PMR) gets SEBI clearance for its IPO.

Puraniks which has a longstanding presence of over 28 years in the real estate market in India, developing residential projects in the mid-income affordable housing segment in the MMR and the PMR real estate markets filed IPO papers with SEBI in June, 2018.

The IPO consists of a Fresh Issue of up to Rs 810 crore and an Offer for Sale of up to 1,859,620 Equity Shares by Promoters of the company up to 238,796 equity shares by Shailesh Puranik, up to 100,768 equity shares by Shrikant Puranik, up to 100,751 equity shares by Yogesh Puranik, up to 235,015 equity shares by Nilesh Puranik, up to 591,410 equity shares by Ravindra Puranik and up to 592,880 equity shares by Gopal Puranik

The company plans to utilize the proceeds of IPO for:

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company on a consolidated basis
  • General corporate purposes


Puranik Builders Limited is one of the leading residential real estate developers in Mumbai Metropolitan Region (“MMR”) and Pune Metropolitan Region (“PMR”) based on number of units currently being marketed in these regions.

Also, the company is a leading residential real estate developers in the growing Thane region of MMR based on the projects currently being marketed and corresponding units sold.

Some of company’s key theme-based projects include “Rumah Bali”, “Puraniks City Reserva” and “Tokyo Bay” in the MMR, and “Aldea Espanola” and “Abitante” in the PMR.

As of March 31, 2018, the company has developed 421,422 square meters (4,536,184 square feet) of Developable Area across 29 Completed Projects.

On the financial front, the company has registered revenue from operation of Rs. 505.86 crore with a PAT of Rs. 50.72 crore as of March, 2018.

Edelweiss Financial Services Limited and IIFL Holdings Limited are the Book Running Lead Managers (BRLMs) to the Issue.

Tuesday, October 9, 2018

Hon'ble Shri. Prakashji Javadekar Inaugurates Robotic Assisted Joint Replacement Centre at Shashwat Hospital

Robotic Assisted Joint Replacement Centre at Shashwat Hospital was inaugurated at the hands of Chief Guest Hon'ble, Shri. Prakash Ji Javadekar, Minister of Human Resource Development, Government of India and Mrs Medha Kulkarni, MLA Pune.

Robotic-assisted joint replacement surgery uses a robotic system to aid a surgeon during a surgical procedure. The robot-assisted system eliminates the possibilities of human error and its benefits include; High accuracy, more natural knee motion, small incisions, minimal pain and blood loss etc. 
Using Robot-assisted surgery helps to prevent human error as well as gives best results to the patient, after the surgery same day the patient can walk more confidently, also gets the discharge within three days which results in minimum hospital stay, reduces the use of painkiller medicines, no need of physiotherapy. Overall, the robotics has become a boon for the patients.
Shri. Prakash Javadekar said, “This significant change in the medical sector has enhanced the lives people, it is the science to prove that the progress made in medical science and new facilities and equipment helps in diagnosing bigger diseases.
The robotic-assisted system is set up by the initiative of Dr P. S. Karmarkar, Chairman, Shashwat Hospital Kothrud and Dr Hrushikesh Saraf, Robotic Joint replacement surgeon Shashwat Hospital.  
“First time in Pune city we have started robotic assisted surgery, which is not going to increase the cost of the surgery but the accuracy and benefits” said Dr P.S. Karmarkar         
Dr Hrushikesh Saraf said, “Robotic technology makes artificial joint replacement more beneficial for a patient, in less time, more accuracy can be obtained, which also increases the longevity of implants and joints”.
Talking about Ayushman Bharat scheme, Shri. Prakash Javadekar said “ For the common people who cannot afford big and costly surgeries Prime Minister Shri. Narendra Modi has implemented scheme like Ayushman Bharat, which can provide free medical services upto 5 lakh”. 

Media Contact- Aspire PR & Strategies Pvt Ltd. Dipali Dhamal, 9689966141/9967348414, 020 24488778

GoAir's 13th Anniversary Offer: Up to 13 Lakh seats on sale at Rs 1,313 (all-inclusive)

§     Up to 13 Lakh seats on sale at Rs 1,313 (all-inclusive) across all sectors §     Booking period – 05 th  November, 2018 to 18 th ...