The Rising Start-up Companies to Watch in 2023

www.ciolookindia.com Vol-08 | 2023 + The Rising Start-up Companies to Watch in 2023 Future Unveiled How Modern Startups are Redefining the Global Work Cultures? Tech Innovators Innova?ve Startups in the Tech Sector Transforming the Future Dynamics

UNVEILING THE UPRISING ENTREPRENEURIAL UPSTART A s the entrepreneurial landscape continues to evolve and innovate, a new generation of dynamic and forward-thinking startups has emerged, poised to make a significant impact on various industries. In this compilation, we present a curated selection of Indian startups that have captured attention and imagination with their groundbreaking ideas, disruptive solutions, and unwavering determination. As you delve into the profiles of these rising stars, you will discover the journeys of entrepreneurs who dared to dream, dared to disrupt, and dared to reimagine the status quo. While this compilation provides a glimpse into their achievements and aspirations, it's essential to recognize that the startup journey is an ongoing one, filled with challenges, triumphs, and the unpredictability that defines entrepreneurship. Welcome to our exclusive showcase of “The Rising Start- up Companies to Watch in 2023.” These startups embody the spirit of innovation and resilience, harnessing cutting- edge technologies, novel business models, and a fresh perspective to address both longstanding challenges and emerging opportunities. While we present these startups as ones to watch in the future, we encourage you to view this as a starting point for exploring the vibrant and dynamic startup ecosystem in India. As you explore these profiles, we invite you to consider the innovative solutions, the impact they are poised to make, and the potential they hold to shape the future of various industries. Editor's Note In an era where agility, adaptability, and creativity are paramount, these startups have demonstrated their ability to not only navigate complexities but to thrive amidst them. Their stories are a testament to the power of bold ideas, collaborative efforts, and a deep commitment to creating value in today's rapidly changing landscape. Gaurav Wankhade

CONTENT CONTENT 08 Loopway Revolu?onary Underground System of the World’s First Mul?-mode Rapid Transit ARTICLES 16 QuNu Labs Private Limited Securing Your Pre and Post-quantum Cyber-cryptographic World 22 Rehmat Enterprises Where Skincare Ascends to Unprecedented Heights of Rare Fame 28 Rumbum Software Service Magicking Story Duniya–children’s Own OTT World 26 Future Unveiled How Modern Startups are Redefining the Global Work Cultures? 12 Tech Innovators Innova?ve Startups in the Tech Sector Transforming the Future Dynamics

www.ciolookindia.com The Vol-08 | 2023 + I N D I A Rising Start-up Companies to Watch in 2023 The Rising Start-up Companies to Watch in 2023 Future Unveiled How Modern Startups Are Redefining the Global Work Cultures? Tech Innovators Innova?ve Startups in the Tech Sector Transforming the Future Dynamics Pooja M. Bansal Editor-in-Chief CONTENT FOLLOW US ON www.twitter.com/ciolookindia www.facebook.com/ciolookindia/ Managing Editor: Gaurav PR Wankhade Company Featuring Brief Assisting Editor: Prajakta Zurale WE ARE ALSO AVAILABLE ON Founded by Tanya Jawa, an RCI Registered Clinical Psychologist, and awarded as one of the best mental health startups, Healthy Minds Healthy Lives is a leading provider of inclusive and ethical mental health services. Tanya Jawa, Founder Healthy Minds Healthy Lives DESIGN Loopway aims to bring a change in everyday transport system, by building a Multi-mode Underground Transit System specifically designed using micro tunnels for Right of Way (ROW), Autonomous Vehicles, Electric Vehicles, and V2I Platforms. Visualizer: Sandeep Tikode Art & Design Director: Rashmi Singh Sr. Graphic Designer : Sameen Arif Indrasena Varakantham, Founder Loopway CONTACT US ON Email sales@ciolookindia.com For Subscription www.ciolookindia.com QuNu Labs (QNu Labs) is the pioneer of quantum technology in India developing commercially ready and proven products and assets offering unique value propositions to government and private enterprises to secure their data in the pre & post-quantum world. QuNu Labs Private Limited, aka QNu Labs Sunil Gupta, Co-founder and CEO SALES Sr. Vice President : Swapnali Vasaikar Sr. Sales Manager : Tejaswini Whaval Team Leader : Suraj Gadekar Copyright © 2023 CIOLOOK India, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from CIOLOOK India. Reprint rights remain solely with CIOLOOK India. Rehmat Enterprises introduces a brand-Rare Fame that captures the essence of indulgence and invites you to immerse yourself in a luxurious skincare experience. Ms Roop Handa, Director Rehmat Enterprises Pvt. Ltd. Romit Mevada, Founder & CEO and Darshan Swami, Co-founder & CTO Rumbum Software Services' Story Duniya, a pioneering video/audio based app, has emerged as a leading solution provider catering to children aged 12 and under. BDE : Veena Nayak Rumbum Software Services Private Limited–Story Duniya TECHNICAL Technical Head : Prachi Mokashi Technical Specialist: Rajeshwari Avhad Technical Consultant : Tanaji Fartade sales@ciolookindia.com SME-SMO August, 2023 Research Analyst : Renuka Kulkarni SEO Lead : Nikita Khadalkar Cover Price: Rs.300/-

The Rising Start-up Companies to Watch in 2023 Loopway At Loopway, we are revolu?onizing urban transporta?on with our cu?ng-edge underground transport system powered by Autonomous Electric Vehicles (AEVs). Revolu?onary Underground System of the World’s First Mul?-mode Rapid Transit oing from point A to point B, how many ways are G transport are available to you? Again, you know Four: Airways, Waterways, Roadways, and Railways. Indrasena Varakantham, Founder Key features that set Loopway apart: there to choose from? I know, millions. You know that, of course. Nonetheless, how many ways of Unmatched Efficiency: Our underground system bypasses surface traffic, ensuring fast and efficient commuting even during peak hours, saving valuable time for passengers. Eco-friendly Innovation: With AEVs running on clean electric energy, Loopway reduces carbon emissions and builds a sustainable future for urban environments. Uninterrupted Mobility: By operating underground, Loopway is immune to weather conditions and external disruptions, guaranteeing reliable transportation year- round. Advanced ADAS Integration: Our AEVs boast cutting-edge Advanced Driver Assistance Systems (ADAS), enhancing safety and minimizing accidents for a secure ride every time. Private Funding–Public Benefit: Loopway operates primarily through private investment, minimizing reliance on government funds and delivering a cost- effective, accessible transit system. Ÿ Indrasena Varakantham–An Extremely Multitalented Leader Are you seeing the big drop from millions to four? Okay, in an urban setting, going from your home to your office/anywhere else, how many modes of transport are available to you? Let us think–personal vehicle; cab/rick, any other mass transport including bus or train. Ÿ With a career of over 16 years, Varakantham has evolved from a Software Developer to a Director of IT, demonstrating an impressive progression. His tenure across diverse sectors such as Logistics, Finance, Security, and Communications has equipped him with cross-industry knowledge and multifaceted perspectives. As the Director of IT for billion-dollar companies, he leveraged his comprehensive experience and strategic thinking to drive digital transformations, enhance operational efficiency, and deliver innovative tech-driven solutions. Ÿ Final choices, only four and full of traffic jams, accident oriented, time-consuming, crowded, uncomfortable, frustrating, and ridden with many predictable or unforeseen interruptions and delays. Do you think, yes? Then, you must rethink. The fifth most efficient, time-bound, sustainable, and profoundly awesome choice is Loopway–redefining urban mobility by reshaping the course of history. Ÿ Ÿ Let me, Indrasena Varakantham, the Founder, welcome you to experience the future of transportation with our Underground Autonomous Electric Vehicle Network. Parallel to his IT career, Varakantham has been deeply involved in his family business in the Tunnelling industry for about 20 years. The family business has been operational for 35 years, contributing to numerous mines and hydro-projects across India. This experience has given him profound insights into the intricacies of tunnel construction, project management, and operations in challenging underground environments. Triumphantly Transcending Times At Loopway, we proudly offer a comprehensive and innovative solution to urban transportation challenges through our underground transport system using Autono- mous Electric Vehicles (AEVs). Our firm stands out in the cutthroat competition for several key reasons: The Fifth Dimension At Loopway, we are revolutionizing urban transportation with our cutting-edge underground transport system powered by Autonomous Electric Vehicles (AEVs). Unlike conventional solutions, our complete end-to-end approach covers everything from meticulous planning and tunnel construction to providing state-of-the-art autonomous vehicles and seamless system operation. Complete End-to-End Solution: Loopway provides a holistic approach to urban transportation. From the initial planning and design of underground tunnels to deploying AEVs and efficiently operating the entire system, we handle every aspect of the project. This turnkey solution ensures a seamless and optimized experience for our clients and their users. Ÿ Combining his diverse experiences and leveraging his deep knowledge from the IT and tunnelling industry, Varakantham started Loopway, an innovative company revolutionising underground transit systems using Autonomous Electric Vehicles (AEVs). (8) August | 2023 www.ciolookindia.com www.ciolookindia.com

Tips for Your Entrepreneurial Journey Technological Advancement: Our AEVs have state-of- the-art technology, including advanced AI-powered autonomous systems, precise route mapping, and cutting-edge ADAS features. Integrating these technologies ensures safe, efficient, and reliable transportation within urban environments. Environmentally Conscious: Loopway is committed to sustainability and reducing the carbon footprint of urban transportation. By relying on electric vehicles and an underground network, we significantly decrease greenhouse gas emissions and contribute to cleaner and greener cities. Unmatched Efficiency and Reliability: Traditional surface-based transportation often faces challenges like traffic congestion and weather-related disruptions. However, our underground AEV network remains unaffected by these factors, providing uninterrupted service with minimal delays. This reliability sets us apart as a dependable transportation solution. Cost-effective Private Funding Model: Loopway operates primarily through private investments, reducing the burden on public finances. Our cost- effective approach ensures we can deliver a world-class transportation system without heavily relying on government funding. Scalability and Flexibility: Our underground transport system is designed with scalability. As urban populations grow and demand for efficient transportation rises, Loopway's flexible infrastructure can adapt and expand to meet the evolving needs of different cities. Safety First: Safety is our top priority at Loopway. Our AEVs undergo rigorous testing, and our system incorporates multiple layers of fail-safes and redundancies to ensure passenger safety at all times. Collaborative Partnerships: Loopway fosters collaborative partnerships with city authorities, stakeholders, and local communities. Working hand-in- hand with cities, we tailor our solutions to address specific transportation challenges unique to each location. Customer-centric Approach: We strongly emphasise understanding the needs of our clients and their users. By gathering feedback and continuously improving our services, we provide an unparalleled customer experience. Technological Complexities: Implementing and maintaining AI-based Autonomous Electric Vehicles (AEVs) is technically complex. Constant advancements in AI and ML require ongoing updates to the existing technology. Moreover, ensuring the AEVs' safe and efficient operation in underground tunnels' dynamic and challenging environment is a significant task. Infrastructure Development: Constructing and maintaining a vast underground transit network can be daunting and resource-intensive. The construction process might face numerous challenges, including geological issues, environmental concerns, legal restrictions, and high capital costs. Regulatory Hurdles: Loopway could face significant regulatory hurdles as a pioneer. Laws and regulations around autonomous vehicles and underground transit systems can vary greatly by location and often be ambiguous or non-existent, making compliance a complex issue. Public Acceptance: Gaining public acceptance for a relatively new mode of transport is another challenge. Concerns around the safety, privacy, and reliability of autonomous vehicles and underground transport systems can lead to hesitations among potential users. Competition and Market Uncertainty: With the rapid evolution of the transportation industry, Loopway faces competition from other underground transit companies and other modes of transport, including traditional road- based systems and upcoming concepts like hyperloops and flying taxis. Predicting market trends and user preferences in such a dynamic environment can be difficult. Sustainability and Environmental Impact: Ensuring the operations are environmentally sustainable is a significant challenge. This includes minimizing the environmental impact during the construction of tunnels, managing energy usage of the AEVs, and dealing with potential issues such as noise and vibration from underground operations. Intelligence (AI) and Machine Learning (ML) as a significant game-changer, especially in the startup space. Ÿ Ÿ Venturing into the startup space is an exciting journey filled with countless learning, growth, and innovation opportunities. Based on my own experiences, here are some pieces of advice I would offer to budding entrepreneurs: AI&ML technologies democratise business capabilities, levelling the playing field for startups to compete with established companies. They help startups to scale faster, optimize operations, personalize customer experiences, make data-driven decisions, and innovate their offerings. Ÿ Passion and Perseverance: It's essential to be genuinely passionate about the problem you're trying to solve. There will be hurdles and challenges, but your passion will keep you motivated and resilient. Validate Your Idea: Before investing time and resources into your startup, ensure that there's a market need for your product or service. Conduct thorough market research, talk to potential customers, and validate your business idea. Focus on Building a Great Team: Your team is your biggest asset. Hire people who complement your skills and share your vision. A diverse, passionate, and skilled team can be the driving force behind your startup's success. Embrace Failure: As a startup, you will face failures and setbacks. Instead of fearing failure, learn from it. Each failure is an opportunity to learn, iterate, and improve. Stay Agile and Adaptable: The business environment is dynamic, and it's crucial to stay flexible. Be ready to pivot your business model, strategy, or product based on market feedback and changes. Adopt Technology: Leverage modern technologies like AI, ML, big data, and more. They can provide valuable insights, optimize your operations, and give you a competitive edge. Network: Build relationships with other entrepreneurs, potential customers, mentors, and investors. Networking can open doors to opportunities, partnerships, and valuable advice. Sustainable and Ethical Practices: Lastly, prioritize sustainability and ethics in your business practices. This benefits society and the environment and can enhance your brand's reputation and customer loyalty. Ÿ Ÿ In the context of Loopway, these technologies are crucial to our business model. AI plays a vital role in operating our Autonomous Electric Vehicles (AEVs), enabling them to navigate the underground transit systems independently and safely. Through machine learning algorithms, our AEVs learn from each trip they make, continuously improving their performance, optimizing routes, and minimizing transit times. Ÿ Ÿ Ÿ Ÿ Furthermore, we are leveraging AI&ML for predictive maintenance. These technologies help identify potential issues with our vehicles or transit systems before they become significant problems, thereby reducing downtime and enhancing the reliability of our services. Ÿ Ÿ Ÿ On the customer-facing side, we use AI for dynamic scheduling and route optimization, providing personalized and efficient service to each passenger. In the backdrop, ML algorithms assist in analyzing enormous amounts of data collected from our operations. This information is used to identify patterns, trends, and insights that help us to improve our services and make strategic decisions continuously. Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ Adapting to this change is a continuous process, necessitating a culture of learning and innovation in the company. We invest significantly in our people, upskilling them to work with these advanced technologies, and we foster partnerships with tech firms to stay abreast of the latest developments. Ÿ Ÿ Ÿ The key to successfully adapting to this technology-driven change is to make it an integral part of the business strategy. For Loopway, AI&ML aren't just add-ons; they are central to our operations and vision for the future. Despite these challenges, with effective leadership and strategic planning, Loopway has the potential to overcome these hurdles and successfully establish its innovative underground transit system. By constantly evolving, investing in research and development, engaging with regulators, and building public trust, Loopway can tackle these challenges head-on. Ÿ Outsmarting Obstacles Techno-Startup As innovative and forward-thinking as Loopway is, it has challenges. The nature of its work–merging advanced AI technology with underground tunnel infrastructure–comes with a unique set of hurdles. Here are some of the challenges that a company like Loopway might face: As a leader navigating the confluence of multiple industries, I see the adoption of modern technologies like Artificial (10) (11) August | 2023 August | 2023 www.ciolookindia.com www.ciolookindia.com

I Innovative Innovative Startups in the Transforming Transforming Future Dynamics Dynamics Startups Tech Innovators n an age defined by rapid technological advancement, the world is witnessing a remarkable transformation driven by innovative startups in the tech sector. These visionary entrepreneurs are not just creating innovative solutions; they are reshaping the very fabric of our future. In the ever-evolving realm of technology, a wave of innovatively disruptive startups is reshaping the conventional dynamics of the industry. These audacious and forward-thinking ventures are not merely content with existing paradigms; they are challenging the status quo, reinventing industries, and revolutionizing the way we live, work, and interact with technology. the In the hallowed halls of the tech industry, a seismic transformation is underway, and it’s being led by a fearless cadre of innovatively disruptive startups. These dynamic and forward- looking ventures are not content with the status quo. Instead, they are reshaping the very foundations of the tech sector, ushering in a renaissance of innovation, and rewriting the rules of competition. The tech industry, known for its rapid evolution, is witnessing a tectonic shift led by these daring startups. They defy convention, challenge established norms, and reimagine possibilities. In this extended introduction, we embark on a captivating journey into the heart of this disruptive revolution, exploring how these startups are not merely rewriting the playbook; they are crafting a whole new narrative for the tech sector. The Conventional Tech Landscape For decades, the tech sector has thrived on innovation, with industry giants leading the charge. These behemoths have shaped the landscape with their vast resources, extensive networks, and global reach. However, this very success has at times led to complacency, creating opportunities for startups with audacious visions and fresh perspectives. The Genesis of Disruption Disruptive startups are the phoenix rising from the ashes of conventional wisdom. Born in the crucible of innovation and unburdened by legacy systems, they have the freedom to challenge existing paradigms. They see potential where others see limitations, and they redefine problems as opportunities waiting to be seized. Their innovative spirit extends beyond products and services. These startups often disrupt traditional business models, (12) (13) August | 2023 August | 2023 www.ciolookindia.com www.ciolookindia.com

embrace unconventional strategies, and forge new paths to success. Whether it’s the sharing economy challenging traditional ownership models, or fintech reimagining the way we manage finances, these startups are at the vanguard of transformation. autonomous vehicle technology, promising safer and more efficient transportation. SUBSCRIBE TODAY Education: Edtech startups like Coursera and Udacity are democratizing education, making high-quality courses and degrees accessible to anyone with an internet connection. These platforms are changing the way we learn and upskill, blurring geographical boundaries. A Symphony of Technologies In their quest to disrupt, these startups harness a symphony of cutting-edge technologies. Artificial intelligence, blockchain, the Internet of Things, and renewable energy are just a few notes in their repertoire. They leverage these tools to create solutions that were once deemed futuristic, changing how we work, live, and connect. Renewable Energy: The fight against climate change is being championed by startups in renewable energy. Companies like Tesla are leading the charge with electric vehicles and energy storage solutions, while others like Sunrun are making solar energy more accessible to homeowners. Disruption Beyond Boundaries Tech Startups and Economic Growth The impact of innovatively disruptive startups reverberates far beyond the tech sector’s confines. They alter the competitive landscape, compelling established players to adapt or risk obsolescence. They attract investment, infusing vitality into economies and creating jobs. Moreover, they inspire a culture of innovation, nurturing a new generation of entrepreneurs unafraid to challenge convention. The impact of these tech startups extends well beyond individual industries. They are powerhouses of economic growth, creating jobs, attracting investments, and driving innovation. The emergence of tech hubs and innovation clusters in cities around the world, from Silicon Valley to Tel Aviv, underscores the profound economic influence of these startups. Tech Innovators Revolutionizing Industries Challenges and Opportunities Healthcare: Innovative startups are leveraging technologies like artificial intelligence (AI) and machine learning to revolutionize healthcare. Companies like Zebra Medical Vision are using AI to analyze medical imaging, detecting diseases at an early stage and saving lives. Telemedicine platforms like Teladoc have made healthcare accessible to millions, transforming the way we receive medical care. While tech startups are harbingers of change and innovation, they also face significant challenges. Competition is fierce, regulatory hurdles can be daunting, and the pace of technological advancement is relentless. However, these challenges also present opportunities for growth and adaptation, pushing startups to continuously evolve and improve their offerings. E-commerce: The e-commerce landscape has evolved dramatically, thanks to companies like Shopify, which provide a platform for businesses to thrive online. Similarly, innovative payment solutions like Stripe have made it easier for businesses to accept online payments securely. The Uncharted Future Stay in the known. Subscribe to CIOLOOKINDIA Get CIOLOOKINDIA Magazine in print and digital on www.ciolookindia.com Tech startups are the vanguards of innovation, shaping the future dynamics of our world. Their agility, creativity, and relentless pursuit of groundbreaking solutions are ushering in an era of unprecedented change. As they continue to disrupt traditional industries, redefine consumer experiences, and drive economic growth, tech innovators are proving that the future belongs to those who dare to dream and innovate. Transportation: The way we move from place to place is undergoing a paradigm shift, thanks to startups in the transportation sector. Companies like Uber and Lyft have transformed the ride-sharing industry, while firms like Waymo are pioneering (14) August | 2023 www.ciolookindia.com

The Rising Start-up Companies to Watch in 2023 The Ripple Effect crucial technology which is going to be of immense strategic importance in the new emerging geopolitical landscape. We offer a hybrid platform that is adaptive, proven & flexible for both quantum-safe and quantum-resilient deployments.” Sunil adds that they are working closely with clients to understand their risks and pain points and identify the relevant use cases to pilot and deploy QNu Labs’ innovative solutions. He believes that in the post-quantum world, scalable QCs will potentially break all the existing public and private key algorithms used everywhere in our daily lives today, including the internet, messaging, banking, emails, etc. To ensure that future hackers cannot break the current encrypted QNu Labs caters to telecom, healthcare, banking and finance, critical infrastructure, federal operations, and other sectors. It works with Indian Defence and public enterprises to protect national secrets, confidential data, and PII. Securing Your Pre and Post-quantum Cyber-cryptographic World uantum physics is larger than plain science. It is a Qprofound experience. It allows us to deep-dive into building blocks of animate, inanimate, and everything in the known cosmos. Sharing the firm’s significant achievement, Sunil Gupta, the Co-founder, and CEO, says, “We have five patentsgranted on our technology and several awards and accolades for innovation and commercialization of indigenous technology.” the intricacies of sub-atomic particles that are the The application of quantum physics is called quantum technology and one of the classic outcomes of quantum technology is a quantum computer. According to Sunil, QNu Labs’ USP is that it offers a hybrid model where both quantum cryptography (hardware) and post-quantum cryptography (software) based solutions leverage the best of both technologies to provide the highest level of security with the flexibility to adopt the technologies across industry verticals and use cases. Known for its immense processing power, a quantum computer can knock-off complex computations in seconds. But, the angelic benefits of power comes with the devilish intent of destruction. He says, “We are a leader in quantum cryptography products and solutions offering security for data at rest and in transit. Being India’s first company with commercially ready products and solutions in the quantum technology space, we take pride in saying that we have put India on the Quantum map of the world and have made India self-reliant in this Quantum computers in wrong hands have the power to completely destroy cybersecurity we have used for decades. Personal, professional, and critical data can be compromised in a blink of an eye. Fortunately, the benign powers of quantum physics can nip the evil intent in the bud. QuNu Labs Private Limited, (aka QNu Labs) is the pioneer of quantum technology in India that develops commercially ready and proven products and assets offering unique value propositions to government and private enterprises to secure their data in the pre and post-quantum world. We are a leader in quantum cryptography products and solutions offering security for data at rest and in transit. Saviour from the Quantamania QNu Labs, founded in 2016, pioneered to build the next generation of data security products and solutions to protect confidential data from falling in the hands of malicious actors. They offer future security against the inappropriate use of Quantum Computers (QCs) for accessing sensitive data with long shelf life. Sunil Gupta, Co-founder and CEO (16) August | 2023 www.ciolookindia.com

Sunil assures, “Our solutions save an enterprise millions of dollars, several months of agony in business disruption, and future data breaches if they choose to migrate to quantum secure solutions over the current solution that doubles the key sizes every two years.” Sunil and the leadership team are seen as trusted advisors by clients, partners, and other ecosystem players who work together to evangelize, build standards, and do capability building. confidence and gained our customer’s trust. Listing the products on the GeM required us to build quality in manufacturing processes and systems, which eventually helped us build quality products.” QNu is an agile company that swiftly responds to changes, customer inquiries, and project execution. Clients have appreciated expert guidance, short turnaround times, and integrity in delivering on the promises. Techno-Phenomenon Sunil and his team also offered one of the solutions on the Amazon marketplace for global clients to buy as a service. Technovative Leadership of EntrepreNerds Sunil is a technology and business leader and entrepreneur with 35+ years of experience. He specialises in Products and Product Engineering in cutting-edge technologies. For a DeepTech start-up, hiring is always crucial and paramount. QNu hired some of the best students from top colleges for internships and later brought them on board. It ensured that the candidate’s passion and attitude matched the organisation's culture. This also helped QNu Labs build a brand in those colleges for further hiring. After graduating in Computer Science from NIT Trichy, Sunil played an instrumental role in building several products and teams in different start-ups and Fortune 500 companies to help them quickly get their products/offerings to market. Sunil, an experienced leader, opines that modern technologies such as ML&AI have a phenomenal impact on almost all industries. The world will soon see different and disruptive capabilities and solutions which couldn’t have been imagined a few years ago. He predicts, “We will see AI used on data at the edge server and devices as more and more data moves to the edge.” For a new technology to become mainstream, it requires building standards and systems. Sunil states, “We overcame this challenge by working closely with the government in developing Standards for Generic Requirements for QKD System.” Sunil is obsessed with new technologies and considers himself fortunate to have been part of teams building some of the industry's best products and solutions in cutting-edge technologies such as satellite communications, multi-media middleware for smartphones, indigenous switching software, core banking software, and AI-based cybersecurity platform. He is devoted to creating highly passionate and focused teams to build disruptive solutions. This will pose a huge security issue for edge devices, especially in the post-quantum world that is already here. The Deep Sagacity QNu Labs’ solutions offer future security for data at the edge devices. “Soon, we will see the quantum security stack becoming an integral part of the cybersecurity framework and regulations,” Sunil adds. Sunil quips, “Every startup is different, but if I have to give a piece of advice, it will be, Ÿ Choose a highly relevant problem that addresses the pain areas of a large set of clients/users–the problem should be real and large enough to solve. Ÿ Work closely with early adopters and clients to define high-value use cases and solutions that your sales team can package, create, sell, and monetize. Ÿ Build a passionate core team that can infuse the right attitude, sense of urgency, and client-centricity in the company for others to follow–the right team is half the battle won.” As the Co-founder and CEO of QNu Labs, Sunil is responsible for building the vision and strategy of the company and creating a highly passionate team of ‘EntrepreNerds.’ He is driven to make QNu Labs a successful Indian deep tech company in quantum technology that will offer solutions globally. Under his leadership, QNu Labs has developed India’s first commercially ready quantum-safe security products and solutions. The outcome is the consequence of evangelizing mainstream quantum tech over the last five years. Sunil strongly advocates making India a powerhouse in quantum skills and quantum technologies. He envisions placing India at the forefront of deep technologies in the field of data security using Quantum technology. QNu Labs also plans to leverage AI in a couple of its products to offer a value multiplier in its solutions. data using QCs, QNu Labs built encryption key generation, distribution, and management products and solutions that will be quantum safe. Decrypting the Challenges QNu offers three products and platforms-Quantum Key Distribution (Armos), Quantum Random Number Generator (Tropos), and Post Quantum Cryptography platform (Hodos). Leveraging these products, QNu Labs has built very powerful and pertinent solutions, such as Sunil admits that during their journey of founding and developing QNu Labs, they faced several challenges because they were the pioneers of quantum cryptography tech in India. But, they chose to conquer the challenges with innovative solutions. Securing Tomorrow On their road ahead, Sunil divulges that they envision pursuing two paths in the future: Entropy as a cloud service–Qosmos, Quantum secure remote access workplace–Qshield, Quantum secure messaging platform–Qverse, and Quantum secure storage for securing keys and encryption as a service–Qvault. Ÿ Ÿ Ÿ Ÿ The team realized that they must prove their technology is robust and stays true to its promises. “We overcame every apprehension with exhaustive internal testing and built test documents and reports for clients to witness. We did several field trials in real-life scenarios early on to learn and adapt our products. We also sent our products to international labs to get an independent evaluation. We also built a sandbox for clients to test themselves,” Sunil explains. The Trust Builders The first is moving from ‘Quantum Outside’ to ‘Quantum Inside’ with Integrated Photonics-based QKD. The future of Integrated Photonics-based Quantum Key Distribution (QKD) and QRNG looks promising and holds significant potential for revolutionizing secure communication and quantum networking. The miniaturization and robustness of Integrated Photonics QKD will also make it suitable for satellite-based applications and IoT devices, which are extremely vulnerable to attacks. As satellite communication requires compact and reliable systems, this can open up new The core team members at QNu Labs have strong credentials, domain expertise, and experiences that inspire client confidence. These solutions are designed to plug in with the existing infrastructure easily. Since they don’t require any rip or replacement, the solutions are viable and cost-effective for everyone to adopt. The benefits can be realised in just four weeks. Sunil says, “Our clients appreciate the passion and enthusiasm of our leadership team and trust them for their strong expertise spanning over three decades in each of their fields–cyber security, communication, and product engineering.” “We put our products and solutions on GeM (Government e- Marketplace) so that clients can see the specifications, price, and other documentation before purchase. It built our (18) (19) August | 2023 August | 2023 www.ciolookindia.com www.ciolookindia.com

Clients Testimonials: opportunities for secure quantum communication over long distances, and the mass proliferation of IoT and edge devices in the next five years will create a massive demand for small form factor quantum security devices. “We have a development and investment plan in place to capture this demand,” he informs. *“The threat to networks, systems, and data from quantum attacks is real and worrisome, especially for digital assets. We chose to work with QNu Labs, the leader in quantum crypto security for ‘Data at Rest’ and ‘Data in motion.’ Their team and expertise are exceptional, and they have made our transition to a quantum-safe environment simple and seamless.”-CTO, Amechain–World’s first Quantum-secured decentralized digital asset ledger. Innovative Startups The second path is to develop Satellite based QKD-Global Network for Quantum security anytime and anywhere, as it has several compelling commercial applications due to its ability to provide secure and long-range communication. *“We were building an enterprise messaging platform and wanted to use best-in-class data security. We chose QNu Labs over an IBM company due to the flexibility and high availability of quantum random numbers as a service offered by QNu Labs. We have used their service for the last 12 months with 100% uptime.” CEO, Arishti–Quantum Secure Enterprise messaging platform. Satellite QKD can offer a secure, long-range communication solution for remote or inaccessible locations. The government and defence industries can leverage satellite QKD for secure communication between satellites, space missions, and ground control centres. This ensures the confidentiality of mission-critical data and prevents unauthorized access or data tampering. Satellite QKD can be employed to establish secure communication links between different countries or continents, facilitating secure diplomatic communication and cooperation in various fields. *QNu Labs Hall of Fame* QNu Labs has won several accolades in Innovation, technology breakthrough, and commercialization of indigenous tech: Ÿ Most Innovative Startup, Matrix Start-up Award 2023. Ÿ National Startup Awards by Startup India 2023. Ÿ Pandit Deen Dayal Upadhyay Telecom Skill Excellence Award 2022. Ÿ Technology Start-up Award by Ministry of Science and Technology 2022. Ÿ Raksha Mantri's “Raksha Anveshan Ratn” Award for Innovation Excellence in Defence and Aerospace Sectors 2022. Ÿ DSCI’s Most Innovative Product of the Year 2019. Ÿ NASSCOM’s "Emerge 50" and "League of 10" in Cyber Security category 2019. Ÿ Winner of Tech30 YourStory 2019. Ÿ CISO Platform -Top 3 Cybersecurity Startups 2019. Ÿ Winner of Elevate - A Govt. of Karnataka Grant 2017. Present Safe of the Future He adds, “Today, we stand at a pivotal juncture, ready to embark on a transformative global expansion journey for which we have already initiated discussions with potential partners in the USA, Middle East, and Europe who share our vision and can complement our strengths. We have conducted meticulous market research to identify regions with the highest demand for our solutions.” Sunil concludes, “Our vision for global expansion is rooted in our unwavering commitment toMake in India. Make for the World.” (20) August | 2023 www.ciolookindia.com

The Rising Start-up Companies to Watch in 2023 Embracing the Power of Nature: By minimizing the reliance on harsh chemicals, their products allow the skin to breathe and regenerate naturally. Roop affirms, “Our commitment to incorporating nature's gifts enables us to create skincare solutions that deliver visible and enduring results.” community, they position themselves as a brand endorsed by experts. • Market Expansion and Global Reach: Rare Fame is expanding its presence in local and international markets. Roop says they have developed a robust distribution network, enabling their products to reach customers across various regions. Their focus on global expansion has helped them tap into new markets and cater to diverse skincare needs. Pioneering Innovation and Scientific Breakthroughs: Rare Fame leads the way in skincare innovation through their unwavering commitment to exploring the frontiers of scientific research. Roop and her team of experts are driven by a passion for uncovering new ingredients, technologies, and formulations that target specific skincare challenges. Rare Fame is committed to quality, natural ingredients, innovation, and customer satisfaction. Putting Customers First: Rare Fame places the utmost importance on fostering meaningful connections with their valued customers. Rare Fame genuinely values customer feedback and actively seeks input to enhance their products and services, constantly striving to exceed expectations and deliver an exceptional skincare experience. Redefining Skincare Excellence in a Competitive Landscape Ms Roop Handa Director (Rare Fame) Rehmat Enterprises Pvt. Ltd. In the cutthroat skincare world, Rare Fame has emerged as a standout brand with its exceptional offerings and unique approach. With a firm commitment to quality, innovation, and customer satisfaction, Rare Fame sets itself apart by gaining a competitive edge in the market. Positioning as a Rising Solution Provider: Rehmat Enterprises Exceptional Product Portfolio: Rare Fame has swiftly emerged as a rising solution provider in the skincare industry, positioning itself as a brand of choice for discerning customers. The key factors contributing to its success are: At the core of Rare Fame's success lies its exceptional product portfolio. It offers diverse skincare products, each meticulously formulated to deliver outstanding results. • Reputation for Excellence: Rare Fame has built a reputation for excellence through its commitment to quality and innovation. Their customers trust them to deliver products that meet their expectations and deliver exceptional results. This trust has allowed them to gain a loyal customer base and positive word-of-mouth recommendations. The Plethora of Products and Categories Include: Where Skincare Ascends to Unprecedented Heights of Rare Fame 24K Gold Face Serum–This serum has gained popularity in the skincare industry due to its potential benefits, such as anti-aging properties, increased collagen production, improved blood circulation, brightening effect, hydration, moisture retention, soothing and calming properties, and enhanced product absorption. T embrace our strength, confidence, and unwavering determination to pursue our aspirations. It serves as a constant reminder that our beauty encompasses not only our physical appearance but also our inner resilience and the potential to make our dreams a reality. he mirror reflects more than just our external beauty; it reveals our inner well-being. When we witness our reflection radiating with vitality, we Rare Fame is an emerging leader in the realm of skincare, committed to revolutionizing the industry with its exquisite range of products. According to the Director, Ms Roop Handa, Rare Fame's relentless pursuit of excellence, emphasis on utilizing the finest natural ingredients, and unwavering dedication to customer satisfaction have propelled the brand to new heights. • Embracing Sustainability: Rare Fame is conscious of its environmental impact and takes steps to promote sustainability. Roop adds, “We strive to minimize waste, use eco-friendly packaging materials, and support ethical sourcing practices. Our commitment to sustainability resonates with eco-conscious consumers, further enhancing our brand reputation.” Beetroot Face Serum-This serum has gained attention in the skincare world for its potential benefits, including brightening and radiance, antioxidant protection, hydration, moisture retention, anti-inflammatory properties, improved complexion, nutrient boost, and detoxification. Uncompromising Quality: Rare Fame is dedicated to providing skincare products of unparalleled quality. They understand that skincare is more than just surface-level beauty and prioritize the nourishment and well-being of the skin. • Collaborations and Partnerships: Rare Fame has forged strategic collaborations and partnerships with influencers, skincare experts, and beauty professionals. These alliances have helped them expand their reach, engage with a wider audience, and gain credibility in the industry. By collaborating with trusted voices in the skincare Radiance Glow Face Cream-The Radiance Glow Face Cream offers several benefits for the skin, including hydration and moisture, nourishment and vitality, skin radiance, smoother and softer skin, antioxidant protection, lightweight and non-greasy texture, suitability for all skin types, and enhanced elasticity. Embarking on a mission to enhance your beauty like celestial stars illuminating the night sky, Rehmat Enterprises introduces a brand that elevates your skincare journey to extraordinary heights. Rare Fame captures the essence of indulgence and invites you to immerse yourself in a luxurious skincare experience. (22) (23) August | 2023 August | 2023 www.ciolookindia.com www.ciolookindia.com

Brand Reputation and Trust: Through her leadership, Roop fostered a culture of innovation and excellence within the company. She assembled a team of skilled professionals who share their vision and dedication to crafting exceptional skincare products. This collaborative environment has led to breakthrough formulations that address various skin concerns and deliver remarkable results. At Rare Fame, they have committed to investing in talent development and providing ongoing training to their team members in AI. By upscaling their workforce, Roop ensures they have the necessary expertise to leverage these technologies effectively and stay ahead of the curve. They also actively seek collaborations with technology providers and research institutions to leverage their expertise and gain access to state-of-the-art AI&ML tools and methodologies. At Rare Fame, they adhere to strict data privacy and security protocols, ensuring customer data is protected and used responsibly. Rare Fame: Where luxury meets excellence, and beauty becomes an art. We strive to create skincare products that redefine standards, inspire confidence, and nurture the true essence of beauty. With passion and innova?on as our guiding lights, we invite you to embark on a journey of rare and extraordinary skincare experiences. Ms Roop Handa Rare Fame has become synonymous with quality, efficacy, and integrity in the skincare industry. Our brand is trusted by a wide range of customers, from skincare professionals to beauty influencers. The positive reviews, testimonials, and word-of-mouth recommendations we receive have played a crucial role in our continued growth and increased brand recognition. Rare Fame's success can also be attributed to its commitment to ethical practices. Roop ensures the brand adheres to sustainable sourcing, responsible manufacturing processes, and cruelty-free practices. This conscious approach resonates with customers who seek products that align with their values. Strategic Partnerships and Collaborations: Rare Fame understands the significance of strategic partnerships and collaborations in today's competitive skincare industry. These alliances not only expand their reach but also provide them with a platform to showcase their commitment to excellence and customer satisfaction. Revolutionizing the Beauty Industry with Cutting-edge Technology The Beauty with the Rare Fame: Embracing the transformative potential of modern technologies such as AI&ML, Rare Fame is at the forefront of innovation in the beauty industry. Roop, a visionary leader, recognizes the profound impact these technologies have on startups. Pure Rose Glow Serum-The Pure Rose Glow Serum has long been appreciated for its potential benefits in skincare, such as hydration and moisture, soothing and calming properties, antioxidant protection, brightening and even skin tone, anti-aging effects, balancing and toning, and aromatherapy benefits. Having a wealth of experience in the skincare industry, Roop spent years honing her skills and knowledge, immersing herself in the world of beauty and skincare. Her journey began with a deep-rooted passion for helping people achieve healthy and radiant skin. At Rare Fame, AI and ML algorithms are integrated into their core operations. These cutting-edge technologies enable them to analyze customer feedback, preferences, and purchasing behavior in real-time. From personalized product recommendations to customized skincare regimens, Rare Fame leverages technology to provide an unparalleled beauty experience. SPF 50++-Remember that individual results may vary, and it's always recommended to perform a patch test before using any new skincare product. Additionally, it's important to follow a consistent skincare routine and protect your skin from sun damage with Rare Fame SPF 50++ Face Spray for optimal results. Throughout her career, Ms Roop Handa made notable contributions to the industry. She's researched and studied extensively, staying abreast of the latest scientific advancements and skincare trends. This commitment to continuous learning has allowed them to create innovative formulations and products that deliver exceptional results. Operational Efficiency: At Rare Fame, they have implemented AI-powered chatbots to handle customer inquiries and provide real-time support. It improves response times and allows the team to focus on more complex, value-added tasks. Innovation and Advanced Formulations: Her expertise goes beyond product development. She also excelled in understanding consumer needs and preferences. They have conducted extensive market research, analyzed customer feedback, and engaged with skincare enthusiasts to gain insights into their desires and challenges. This customer-centric approach has enabled Rare Fame to develop products tailored to the specific needs of its target audience. Rare Fame thrives on innovation and continuously pushes the boundaries of skincare. It invests in extensive research and development to stay at the forefront of industry advancements. Roop says, “Our commitment to innovation allows us to offer customers groundbreaking solutions for their skincare needs.” Data Analysis and Decision-making: At Rare Fame, they utilize ML algorithms to analyze market trends, customer feedback, and competitor insights, helping them identify emerging skincare trends and make informed product development and marketing decisions. Commitment to Clean and Sustainable Beauty: She played a pivotal role in establishing strategic partnerships and collaborations. She forged alliances with renowned dermatologists, skincare experts, and influencers, further enhancing the brand's credibility and reach. These collaborations have enabled Rare Fame to tap into a wider audience and gain valuable endorsements from industry professionals. Rare Fame is committed to clean and sustainable beauty practices. Roop says they understand the importance of using safe and non-toxic ingredients that deliver results and prioritize the health of the skin and the environment. Their products are free from harmful chemicals, parabens, sulfates, and synthetic fragrances. Innovation and Product Development: At Rare Fame, they are continually exploring the potential of AI&ML in developing advanced skincare formulations, leveraging data-driven insights to create products that deliver exceptional results. (24) August | 2023 www.ciolookindia.com www.ciolookindia.com

Future Unveiled Continuous Learning and Upskilling The internet, cloud computing, and collaboration tools have given rise to the concept of remote work, enabling employees to work from anywhere in the world. professional and personal lives, fostering a more harmonious and productive work environment. The emphasis is no longer on where or when work is done but on the quality of the output. How How Modern Startups are Redefining the Global Work Cultures? are In today’s rapidly evolving tech landscape, startups recognize the importance of continuous learning. Many offer employees’ opportunities for upskilling and professional development, empowering them to stay relevant in a dynamic job market. The Changing Landscape of Work Purpose-driven Work The past few decades have witnessed a seismic shift in how work is perceived and conducted. The rise of the gig economy, remote work, and the pursuit of work-life balance have challenged traditional notions of employment. Millennials and Gen Z, who form a significant portion of the workforce, prioritize meaningful work. Startups often align their missions with social or environmental causes, attracting talent driven by purpose. As a result, employees feel a deeper connection to their work, leading to increased job satisfaction and engagement. Well-being and Mental Health Startups are increasingly attuned to the mental health and well-being of their employees. Initiatives such as mental health support, wellness programs, and flexible time off policies contribute to a healthier and more resilient workforce. Today, work isn’t just a place we go; it’s something we do, and startups are at the forefront of this evolution. The global workplace is undergoing a profound transformation, and at the heart of this change are innovative startups that are rewriting the rules of work culture. In the wake of a digital revolution, economic shifts, and a new generation entering the workforce, these modern startups are pioneering novel approaches to work that challenge traditional norms and inspire a more adaptable, inclusive, and fulfilling work experience. Embracing Remote Work Innovations in Work Culture Impact on the Global Workforce One of the most significant transformations modern startups are leading is the embrace of remote work. Enabled by technology, remote work offers employees the flexibility to work from anywhere, transcending geographical boundaries. Companies like Buffer and GitLab have adopted a fully remote work model, demonstrating that it’s possible to operate efficiently without a physical office. Modern startups are not just changing where and when work happens; they are also reimagining how work is structured, fostering a culture of innovation and creativity. The influence of modern startups extends far beyond their immediate environments. Their innovative approaches to work culture are setting a new standard, encouraging established companies to adapt or risk losing talent to more progressive workplaces. Flatter Organizational Structures In the wake of the digital age, a groundbreaking transformation is sweeping across the global work landscape, and it’s being propelled by the disruptive force of modern startups. These innovative enterprises are rewriting the rules of work culture, challenging age-old norms, and introducing a brave new world of employment dynamics. Traditional hierarchies are giving way to flatter, more agile organizational structures. Startups prioritize collaboration, transparency, and open communication, allowing employees to contribute their ideas and expertise more freely. Flexibility and Work-life Integration A Global Talent Pool Startups are challenging the rigid 9-to-5 workday and offering employees flexibility to set their own schedules. This approach empowers workers to better balance their Remote work policies have expanded the talent pool, allowing startups to tap into a global workforce. This diversity of perspectives and experiences contributes to increased creativity and innovation. The Traditional Paradigm of Work Culture For centuries, work culture adhered to a well-defined structure. Employees commuted to offices, adhered to fixed schedules, and navigated hierarchical organizational structures. But with the rise of modern technology, globalization, and shifting demographics, this traditional paradigm of work culture has been undergoing a profound metamorphosis. A Blueprint for the Future Modern startups are setting a precedent for the future of work. As the boundaries between work and life continue to blur, employees are demanding greater flexibility, purpose, and well-being from their employers. Modern startups are the architects of a new era in work culture, one defined by adaptability, inclusivity, and a commitment to purpose-driven work. As they continue to challenge established norms, they inspire a broader shift in how we perceive and experience work. The future of work, as unveiled by these startups, is a world where individuals are empowered to work on their terms, pursue meaningful endeavours, and thrive both personally and professionally. As we navigate the ever-changing landscape of work, these startups serve as guiding lights, illuminating a path towards a more fulfilling and innovative future. Let us embark on a journey to explore how modern startups are shaping the future of work cultures on a global scale. We’ll delve into the disruptive forces at play, the innovative practices they champion, and the impact these changes are having on both employees and organizations. It’s a glimpse into a world where flexibility, purpose, and creativity reign supreme, redefining what it means to work in the 21st century. The Digital Age Transformation The advent of the digital age has obliterated geographical boundaries, allowing work to transcend physical locations. (26) (27) August | 2023 August | 2023 www.ciolookindia.com www.ciolookindia.com

The Rising Start-up Companies to Watch in 2023 ur children are our future in every sense. We wish O gained by being rooted in the Indian cultural ethos. Of course, they will learn lessons of their life in their own times, no doubt. But we want to re-establish the broken link or strengthen the thin bond if it exists. The bond with one’s original cultural identity in a hyper-connected multicultural global ocean of diversity. every week. This commitment to regular content refresh- ments ensures that children always have something new to explore. Moreover, the platform leverages cutting-edge technology to provide personalised book recommendations based on a child's reading level and interests. By tailoring the content to individual preferences, Story Duniya enhances the child's engagement with the stories, fostering a deeper love for reading. to pass on not only everything materialistic we possess to them but also whatever wisdom we Story Duniya, a pioneering video/audio based app, has emerged as a leading solution provider, catering to children aged 12 and under. Magicking Story Duniya–Children’s Own OTT World Multilingual Learning Experience: One of Story Duniya's key differentiators is its focus on promoting Indian culture and values through multilingual learning options. The platform supports multiple Indian languages, including English, Hindi, and Gujarati, with plans to introduce more languages in the future. Using the advanced EdTech, Rumbum Software Services is already solidifying the next-gens connect with incredible Indian culture. Romit Mevada, the Founder and CEO, and Darshan Swami, Co-founder and CTO, welcome you all to… Story Duniya: Baccho Ka Apna OTT This multilingual approach not only allows children to read in their preferred language but also nurtures a connection with various Indian traditions and regional folktales. By providing content in local languages, Story Duniya enables children to retain and celebrate their cultural heritage. In today's digital age, everything is going virtual. Yet, nurturing a love for reading and preserving cultural values among children is of paramount importance. Story Duniya, a pioneering video/audio based app, has emerged as a leading solution provider catering to children aged 12 and under. This comprehensive platform not only offers a vast library of high-quality animated books but also strives to impart Indian culture and values to young readers. Affordable Subscription Plan: Story Duniya understands the importance of accessibility to quality educational content. To this end, the platform offers an affordable subscription plan priced at just ₹299/year—this nominal fee grants subscribers unlimited access to the entire library, including all new releases each week. The cost-effective subscription model ensures that a wide range of families can afford the enriching experience of Story Duniya, regardless of their economic background. Romit Mevada, Founder & CEO, and Darshan Swami, Co-founder and CTO With personalised recommendations, multilingual learning options, motivational features, and an affordable subscription plan, Story Duniya has garnered immense popularity among parents and educators alike. Romit and Darshan share the Unique Selling Points (USPs) that have positioned Story Duniya as a rising force in the world of digital animated stories, fostering a strong foundation for children's personal growth and cultural awareness. Motivational Features for Enhanced Learning: Recog- nising the importance of motivating young readers, Story Duniya incorporates a system of rewards and badges. Children earn badges and rewards as they progress through the stories, achieving milestones in their reading journey. This gamified approach fosters a sense of accomplishment and inspires children to read more actively. The motivational features not only make the reading experience enjoyable but also instil a sense of responsibility and dedication to personal growth. Diverse Library of High-quality Animated Books: Story Duniya prides itself on its extensive library of animated books that spans various genres and themes. From ancient mythologies and traditional fables like Panchatantra and Akbar-Birbal to contemporary tales like Gauri and graphic rhymes, the platform offers a rich and diverse collection of stories. These captivating narratives cater to different interests and age groups, ensuring every child finds content that resonates with them. The high-quality animations and engaging visuals further enhance the reading experience, making it both entertaining and educative. Pandora’s Learning Library Story Duniya's commitment to nurturing young minds through culturally immersive stories and engaging content sets it apart as a rising solution provider. “With a diverse library of high-quality animated books, personalised recommendations, multilingual learning options, an affordable subscription plan, and motivational features, we Regular Updates and Personalised Recommendations: To keep the reading experience fresh and exciting, Story Duniya continuously updates its library with new stories (29) August | 2023 www.ciolookindia.com

Words for the Wise worked diligently to bring the Kids OTT platform to life, leveraging their technical acumen and dedication to create a captivating and culturally enriching experience for children. Darshan adds, “Global expansion is on our horizon.” continue to gain popularity and trust among parents and educators,” reveals Romit, a dynamic and visionary entrepreneur who embarked on his professional journey after completing his Master of Computer Application degree. In 2011, he delved into mobile app development, showcasing a strong passion for software engineering. Over the next seven years, Romit honed his skills while working with various startups, gaining valuable experience in the industry. Romit says, “To budding entrepreneurs, my advice is: follow your passion, thoroughly research the market, build a strong team, embrace innovation, and prioritise customer satisfaction. Stay agile, manage finances wisely, and never stop learning. Believe in your vision, persevere through challenges, and realise your startup dreams.” Reaching young readers worldwide, while interactive learning features and educational partnerships will make the platform more engaging and valuable, feels Romit, who concludes by saying that their diversifying subscription plans to cater to different customer needs will further contribute to Stori Duniya and Rumbum Software’s growth and success. Tech-enchantment “Embracing technology to disseminate the treasures of literature and culture, we, through Story Duniya, paved the way for a brighter and more enlightened generation,” says Romit and Darshan together. Future’s Time Travellers Driven by his unwavering enthusiasm for animation and Indian tales, Romit's passion led him to establish a software development service agency-Rumbum Software. The company thrived and achieved significant success with his exceptional leadership and dedication. Adopting technologies like AI&ML can transform startups by enhancing efficiency, data-driven decision-making, and personalisation. Rumbum Software, led by Romit and Darshan, is adapting by integrating AI into its products, using data analytics, and staying updated with tech trends. Emphasising customer experiences and scalability, they collaborate with AI experts for innovative solutions, gaining a competitive edge in the dynamic startup space. According to Darshan, in the future, Story Duniya envisions scaling its brand by expanding the content library with diverse Indian stories and introducing more regional languages. He divulges, “We plan to collaborate with authors and creators to enhance our offerings and invest in AI to improve personalised recommendations.” Tale of the Two Wizards In 2022, Romit, fueled by his deep passion for nurturing young minds and promoting Indian culture, took a significant step forward. He Co-founded Kids OTT platform called "Story Duniya." This unique venture aimed to provide children with a safe and immersive digital animated story platform. Through Story Duniya, Romit aspired to offer a treasure trove of captivating tales that entertained and imparted valuable cultural knowledge and values to young readers. The collaborative efforts of Romit and Darshan have been instrumental in the success of Story Duniya and its parent company, Rumbum Software. Their passion for software engineering and unwavering commitment to promoting Indian culture and values through engaging animated stories have set the stage for Story Duniya to excel in its niche. With Romit's visionary leadership and Darshan's technological expertise, Story Duniya has emerged as a rising force in the industry, catering to young readers and nurturing their love for literature and cultural heritage. “Not only that but by investing in the education and personal growth of children, we aspire to mould them into individuals with strong values and a deep appreciation for Indian culture,” says Darshan, an accomplished Backend developer who initiated his career in 2011 after completing his B.E. In the years that followed, he demonstrated remarkable skill and expertise in the technological domain, showcasing a keen interest in innovations that could contribute to making the world a better place. Duelling Challenges In the dynamic landscape of digital animated stories, Story Duniya, spearheaded by Romit, faces challenges such as keeping up with technological advancements, adapting to changing reader preferences and ensuring data security. In 2015, Darshan crossed paths with Romit, and the two innovative minds found synergy in their shared passion for technology and software development. In 2018, they joined forces to co-found Rumbum Software, a thriving software development service agency. Romit informs, “To overcome these obstacles, we prioritise continuous learning, maintaining a reader-centric approach, and implementing stringent security measures.” While Darshan adds, “Attracting and retaining top talent is vital, and we foster a supportive work environment.” Agile project management enables efficient content delivery while maintaining high-quality standards. With his proficiency in backend development and a deep understanding of technological advancements, Darshan played a pivotal role in elevating Rumbum Software's capabilities, delivering top-notch solutions to their clients. Embracing innovation and conducting thorough research enable them to present captivating and culturally enriching tales, positioning Story Duniya for sustained growth and excellence in the competitive market. When Romit envisioned the launch of Story Duniya, Darshan wholeheartedly embraced the idea. Together, they (30) August | 2023 www.ciolookindia.com

Startups

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The Rising Start-up Companies to Watch in 2023

The Rising Start-up Companies to Watch in 2023

Presentation Transcript

“Virtual Incubation” Model for Start-up Companies

Start-ups | Start-up consulting companies | start-up business ideas

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