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The entrepreneurial landscape is evolving rapidly, driven by technology, sustainability, and changing consumer behavior. From AI-driven automation to the rise of the solopreneur economy, businesses must adapt to stay ahead. Entrepreneur One Magazine explores the key trends shaping the next decade and how aspiring entrepreneurs can leverage them for success.
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VOL01|ISSUE06|AUGUST2024 ne ntrepreneur InspiringEntrepreneurstotheWorld AFINTECH LEADER DRIVING FINANCIAL INCLUSIONAND DIGITAL PAYMENTS GLOBALLY GROUPCEOANDFOUNDER,EZIPAY GotoDigital
EziPayGlobal Wallet BorderlessTransactionAcross Africa,Europe,Middleeast. 24/7 +23054565615 support@ezipay.global home.ezipay.global
ntrepreneurne InspiringEntrepreneurstotheWorld VOL 01|ISSUE06|AUGUST 2024|Rs. 249
Desk Editor's In thevastlandscapeofdreamsandaspirations,EntrepreneursOneisdelightedtopresentthe SPECIALEDITION.Thisedition,likeitspredecessors,standsasatestamenttoourcommitment to providingyou withexclusive insightsinto thecaptivating worldofentrepreneurship.Aswe embarkonthisliterary journey,weinviteyou toimmerseyourselfinthenarrativesofvisionary entrepreneurswho haveleftanunflinchingmarkonthe business landscape. Entrepreneurshipisarealm wheredreamsare woven intoplans,strategies meticulously crafted, andgoalssettonavigate thechallengingterrainofbusiness. Ourmagazine, EntrepreneursOne,servesasachronicleoftheseendeavors,shedding lightonthe nuancedjourneys ofindividualswhohave notjustdreamedbuttranslatedtheir dreams intoreality. The entrepreneurialjourney,asdepictedinthepagesof thisnewedition,isa tapestryofdetermination,resilience,andunwaveringcommitment.We acknowledgethestruggles,thetriumphs,andtheever-thin linebetweensuccess and failurethatentrepreneurs navigate.EntrepreneursOnedoesnot merelyofferbusiness insights;itendeavors to bea catalyst forpersonalgrowth. Ourteam,dedicatedtocurating qualitycontent, aimsto provideyou witharticles andblogs thatnotonly benefityour businessventuresbut alsocontributetoshaping yourcharacter. Thelife storiesfeatured withinthesepagesaimtoplant seedsofambition andinspireyou toembarkonyouruniquejourney. AswepresenttheSpecialEdition,weextendaninvitationtoyou,our cherishedreaders,toexplore,learn,and reflect. Your feedback isinvaluable tous, andwe encourageyou toshare your thoughtson howwe cancontinuetoevolve and serveyoubetter.EntrepreneursOneis notjustamagazine;itis acommunitywheredreamsarenurtured,andsuccess storiesarecelebrated. Here'sto a yearfilled with inspiration,growth,andentrepreneurialtriumphs. ArpitaBanerjee ManagingEditor
ntrepreneurne InspiringEntrepreneurstotheWorld VOL 01| ISSUE06| AUGUST2024| Rs.249 PUBLISHER SUNILKUMAR BUSINESSHEAD RINKYYADAV MARKETING&OPERATIONSHEAD DEEPAKSINHA CORPORATETEAM ADITISINGH, ANAMIKASINGH, RIYAYADUVANSHI RELATIONSHIPMANAGER HARSHAGEHLANI DESIGN&CREATIVEHEAD LAKSHITJAIN FINANCEHEAD AMARDEEPSINGHTOMAR CIRCULATION MANAGER RAGHAVMAHAJAN VIVEKSHARMA MANAGINGEDITOR ARPITABANERJEE EDITORIAL CONTRIBUTORS APEKSHAAJALOTA,AALIYA WASEEM,AYUSHIVERMA, SANJANAPATTANKAR, AYUSHMANPRATYUSH, DIPANWITAPRUSTY, STHITIPRAJNAPANDA DATARESERCH&ANALYSIS SONIKASINGH,SHALUBARJATYA, NEHASINGH,RAHULKUMAR, PUJAVISHWAKARMA TECHNICALHEAD SHIVAMKUMAR DIGITALMARKETINGMANAGER VISHAKHASINGH EntrepreneurOneisalsoavailable on RegisteredOffice 47/2A,GroundFloorBlock-WZ, VillageBasaiDarapur,Delhi-110015 Website:-www.entrepreneuronemedia.comEmail:-info@entrepreneuronemedia.com JustGoDigital Copyright@2024EntrepreneurOneMedia,AllRightsReserved Reproductioninwholeorpartofanytext,photography,orillustrationswithoutwritten permissionfromthepublisherisprohibited.Whilethepublishersmadeeveryefforttoensuretheaccuracyofallinformationinthismagazine,theywillnotbeheldresponsibleforanyerrorstherein.
14 24 26 MR.DHIRENDRASINGH CEO&MD Mr.DhirendraSingh,theCEOandManagingDirectorofAirshedPlanningProfessionalsPrivateLimited,leadsthecompanywithovertwodecadesofexperienceinenvironmentalandengineeringprojects. KAOUSTUBHKATHURIA CO-FOUNDER KaoustubhKathuria,theco-founderofUniversalFuelIndustries,bringsoversixyearsofleadershipexperienceintheindustryandapassionfordrivingpositivechangetowardagreenerfutureandcleanerenvironment. KUNALKHARAT DIRECTOR Mr.KharatdiscusseshowCityGlideTravelsisrevolutionizingcommutingpracticeswhilefosteringsustainabilityandsocialresponsibility.Discovertheuniqueinitiatives,futureplans,andinvaluableadviceforaspiringentrepreneursinthisilluminatingdiscussion. COVERSTORY AMITGAUR GROUPCEOANDFOUNDER,EZIPAY AmitGaur,the drivingforcebehind EziPay, brings over22yearsofexperienceinbankingand telecom.Hisexpertiseandforward-thinking approachhavebeeninstrumentalinEziPay's growth.GaurholdsaBachelor’sdegreein CommercefromIndiaandaMaster’sdegreein InternationalMarketingandFinancefromtheUK. Hiscareerspansleadershiprolesinseveral prominentcompanies,wherehegainedvaluable insightsinto thefintech landscape. 30 ANUMENDA MANAGINGTRUSTEE AnuMenda,ManagingTrustee,RMZFoundationbelievesthatartistheunifyingforcethattranscendsgeographicalboundaries.“Weviewthisexhibitionasanopportunitytosparkmeaningfulconversations andmakeart moreaccessibleto diverseaudiences.
22 UNIONBUDGET 2024-25 ImportantHighlights 32 34 SAMEERMOHAMMED FOUNDERANDCEO Sameer Mohammedis theFounder andCEO ofNocturnalNetwork,wherehespearheadsthecompany'sstrategicdirectionandoverseesitscross-sectoraloperations.Heensuresthateveryaspectofthebusinessembodiestheprinciplesofcreativity,inclusivity,andsustainability.Underhisleadership,thecompanystrivestobeafront-runnerintheentertainmentandhospitalityindustry,deliveringunforgettablesocialexperiences. DR.VEERSINGH CEO Dr.VeerSingh,CEOofLORDSAUTOMATIVEPvtLtd,overseesalloperationsintheelectricvehicle(EV)sector,drivingstrategicvision,R&Dfortechnologyandbatteryefficiency,andmarket-orientedproductselection.Heprioritizesefficientresourceallocation,andcapitalraising,andfostersastrongleadershipteamand positive corporate culture.
GROUPCEOANDFOUNDER,EZIPAY 08|EntrepreneurOne|August’24
EZIPAY:AFINTECHLEADERDRIVINGFINANCIALINCLUSIONAND DIGITALPAYMENTSGLOBALLY EZIPAY:REVOLUTIONIZINGFINTECH ANDDIGITALPAYMENTS EziPay,aglobalfintechstartup,hasmadesignificant strides in transformingdigitalpayments and financial servicesacrossthecontinent.EziPaycovers146+ countriesnowwithafocusonAfrica,Asia,theUK, Europe,theUSA,Canada,andLatinAmerica.This KEYPERSONANDTHEIR RESPONSIBILITIES AmitGaur,thedrivingforcebehindEziPay,bringsover22 yearsofexperienceinbankingandtelecom.Hisexpertise andforward-thinkingapproachhavebeeninstrumentalin EziPay'sgrowth.GaurholdsaBachelor’sdegreein CommercefromIndiaandaMaster’sdegreein InternationalMarketingandFinancefromtheUK. His careerspansleadershiprolesinseveralprominent companies,wherehegainedvaluableinsights into the fintechlandscape. company,asubsidiaryofArtificialIntelligence TechnologiesLimited,aimstoprovideseamless,secure, andaffordablecross-bordermoneytransfers.Underthe visionaryleadershipofAmitGaur,EziPayiscommittedto fosteringfinancialinclusionandenhancingtheeaseof onlinetransactionsforindividualsandbusinessesalike. Gaur’svisionforEziPayisclear:tosimplifythepayment processfortheaveragepersonandmakefinancial servicesaccessibletoall.Hisdedicationtoproviding seamless,secure,anduser-friendlypaymentsolutionshas positionedEziPayasatrustednameintheindustry. Underhisleadership,EziPayhasexpandeditsfootprint acrossmultipleAfrican,Asian,European,UK,UAE,Latin America,andmore. EZIPAYUSP EziPayisatrailblazerinthefintechindustry,offeringa comprehensivesuiteofservicesthroughitsinnovative platform.Theirkeyproduct,theUSD GlobalWallet, enablesuserstomanagemoneyandaccessessential financialservicesviaanapporwebinterface.This platformisdesigned tocatertovariousfinancialneeds, includingutilitybillpayments,moneytransfers,online shopping,andmore.EziPayoperatesunderaGlobal BusinessLicenseandaPaymentIntermediaryService LicenseissuedbytheFinancialServiceCommissionin Mauritius,ensuringregulatorycomplianceandsecurity. EzipayGlobalnowhas146+countriesprovidingOffshore USDWalletAccounts,Havinga500k+customerbase coveringtheentireglobeforcorporatesandindividual walletaccounts. August’24|EntrepreneurOne|09
WHATDOESTHECOMPANYDO? EziPay’splatformoffersawiderangeofservicestailoredtomeetthediverseneedsofitscustomers.Keyfeaturesinclude: IMPACTANDRECOGNITIONHONORED EziPay’sinnovativesolutionshavegarneredsignificant recognitionwithintheindustry.DuringtheCOVID-19 pandemic,EziPay’splatformbecameanessentialtoolfor many,facilitatingsafeandconvenientmoneytransfers whentravelrestrictionswereinplace.Thisadaptability andcommitmenttomeetingcustomerneedsearned EziPayseveralaccolades. USDGlobalWallet:Thisdigitalwalletallowsusersto loadfundsviadebit/creditcards,mobilemoneywallets, andbankaccounts.Itsupportsreal-timetransferstobank accounts ormobilewalletsinover146+countrieswith competitiveexchangeratesandminimalcharges. In2020,EziPaywasnamedthe“MostOutstanding FintechCompany”attheGhanaBusinessStandard Awards,andAmitGaurreceivedthe“BestCEOofthe Year”award.Thecompanyalsowonthe“Most OutstandingFintechAppoftheYear”attheCustomer ChoiceAwards,reflectingthehighlevelofcustomer satisfactionandtrustintheirservices. OneAppforAllFinancialNeeds:EziPay’sappenables userstoremitmoney,paybills,receivemoneyinlocal currencies,acceptUSDtransactions,shop online,and sendgiftcards,allfromasingleplatform. NoFrillsWalletAccount:Cateringtobothindividualsand corporates,thisfeatureallowsforefficientforex transactionswithattractivepackagesforSMEsand MSMEs. 24/7CustomerSupport:EziPayoffersround-the-clock customercareviaWhatsAppandemail,ensuring assistanceisalwaysavailable. BillPaymentsandAirtimeRecharges:Customerscan easilypay utilitybills,rechargeairtime,andpurchase datapackagesfromover200+countriesworldwide. UpcomingFeatures:EziPayplanstointroduceMastercard virtualanddebitcardslinkedtotheUSDGlobalWallet, enablinguserstoshoponlineandwithdrawcashfrom ATMsglobally.Additionally,theywillofferlimited cryptocurrencytransactions,providinguserswithmore financialflexibility. Swift,Secure& Simple Oneappforallthingsmoney Remitmoney,paybills&receivemoney in local currencies, accept USDtransactions,shop,andsendgiftcards. Nofrillswalletaccount,forindividualsorcorporates Conductallyourpersonalorcompanyforextransactions,andavailourattractiveSME&MSMEpackages MinimaltransactionandwithdrawalratesOfferingmaximumbenefitsandminimumchargesforforextransactions 10|EntrepreneurOne|August’24
FUTUREGOALSANDENDEAVORS EziPay is dedicated todrivingfinancialinclusionacross Africa.Byleveragingtechnology, the companyaimsto makefinancialservicesaccessibletounderserved populations,helpingtobridgethegapinfinancial literacyandinclusion.Theirplatformsupportsvarious localandinternationalpaymentmethods,makingit easierforuserstotransactseamlesslyacrossborders. Swift Payments Here Ensurespeedy transactionswith EzipayGlobalWallet Lookingahead,EziPayenvisionsbecomingaglobalneo-digitalbank,withacorevalueoffinancialinclusion.Thecompanyplanstocontinueexpandingitsserviceofferingsandgeographicalreach,ensuringthatmorepeoplecanbenefitfromtheirsecure,convenient,andaffordablefinancialsolutions. WHATARETHE NEWIMMERSIVE TECHNOLOGIESADOPTEDBYTHE COMPANY? EziPayhasadoptedseveralinnovativetechnologiesto enhanceitsservicesandimproveuserexperience.These include: BlockchainTechnology:Utilizedforsecureand transparentcross-border transactions. AIandMachineLearning:Implemented toprovide personalizedfinancialservices,frauddetection,and customersupportautomation. APIIntegration:Allowsseamlessconnectivitywith variousfinancialinstitutionsandserviceproviders, expandingtherangeofservicesavailabletousers. MobileandWebPlatforms:Offeraunifiedinterface formanagingfinances,makingpayments,and transferringmoneyeffortlessly. HOWDOESTHECOMPANYENCOURAGE PEOPLEWORKINGINTHEIR ORGANIZATION? EziPayfostersapositiveworkenvironmentby emphasizingcontinuouslearningandprofessional growth.Thecompanyoffersregulartrainingprogramsto keepemployeesupdated onthelatestindustrytrends andtechnologicaladvancements.Additionally,EziPay promotesacultureofinnovationandcollaboration, encouragingteammemberstocontributeideasand engageinproblem-solvinginitiatives.Recognizingand rewardingexceptionalperformancethroughincentives andcareeradvancementopportunitiesfurthermotivates employees.Thissupportiveanddynamicworkculture ensuresthatEziPay’sstaffremainsmotivated,skilled,and committedtothecompany'svisionoffinancialinclusion anddigitalinnovation. PayTheEziWay August’24|EntrepreneurOne|11
ADVICETOTHEREADERS AmitGaur,thevisionarybehindEziPay,advisesreadersto embracethepotentialoffintechtodrivefinancial inclusionandempowerment.Heemphasizesthe importanceofstayingadaptableandcontinuously learninginanever-evolvingindustry.Gaurencourages aspiringentrepreneursandprofessionalstoprioritize innovationandcustomer-centricsolutions,whichcan transformfinanciallandscapesandcreatelastingimpacts. Byleveragingtechnologyandfosteringaspiritof collaboration,individualscan contributetobuildinga moreinclusiveanddigitallyadvancedfinancial ecosystem. OVERVIEW EziPay’scommitmenttoinnovation,security,andcustomersatisfactionhasmadeitaleaderintheAfricanfintechspace.UnderAmitGaur’svisionaryleadership,thecompanyhasnotonlyrevolutionizeddigitalpaymentsbutalsocontributedsignificantlytofinancialinclusionacrossthecontinent.AsEziPaycontinuestogrowandevolve,itstandsasabeaconofhopeforamorefinanciallyinclusivefuture,empoweringindividualsandbusinessestothriveinthedigitaleconomy. 12|EntrepreneurOne|August’24
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AIRSHED:PIONEERINGEXCELLENCEINAIRQUALITY MANAGEMENTANDINNOVATION ABOUTAIRSHED AIRSHEDisaleaderinadvancingairquality management,specializinginsourceapportionment, emissioninventory,ambientairqualitymonitoring,and airpollutionmodeling.Theorganization'smission is to provideexpertadviceandinnovativesolutionsto industries,localauthorities,regulatorybodies,and policymakers,withthegoalofcreatinghealthier environmentsandcommunities.Guidedbycorevaluesof unparalleledexpertise,integrity,andinnovation, WHOARETHEIRCLIENTS? Theyhavesuccessfullycompletedover50projects, servingesteemedclientssuchasstatepollutioncontrol boards,prestigiousinstitutionslikeIITsandNITs, renownedorganizationssuchasCSIR,andindustry leadersincludingTataChemicalsandQatarPetroleum. AIRSHEDisdedicatedtosettingbenchmarksfor excellenceanddrivingpositivechangetowardcleaner air. KEY PERSON ANDTHEIRROLE Mr.DhirendraSingh,theCEOandManagingDirectorof AirshedPlanningProfessionalsPrivateLimited,leadsthe companywithovertwodecadesofexperiencein environmentalandengineeringprojects.Heis to responsibleforsteeringthecompany’smission advanceairqualitysciencethroughinnovationand research.Withfourpatentsandnumerousinternational andnationalresearchpapers,Dhirendraiscommittedto pushingtheboundariesofenvironmentaltechnology. Underhisleadership,AirshedhascompletedthirtySource ApportionmentStudiesacrossIndiaandQatar, demonstratingthecompany'sexpertiseinairquality managementanddedicationtodeliveringimpactful environmentalsolutions. AstheCEOofAirshedPlanningProfessionalsPrivate Limited,prioritizingcontinuousinnovationand investmentinadvancedairqualitymanagement technologiesiscrucial.Thisensuresthecompanyremains attheforefrontoftheindustry,providingclientswith effectivesolutions.Fosteringacultureofresearchand developmentencouragestheteamtoexplorenew methodologiesandtechnologies,enhancingexpertise andmaintainingleadershipinthesector. MR.DHIRENDRASINGH CEO&MD 14 |Entrepreneur One|August’24
AIRSHEDUSP Theirexpertiseliesintechnicalairqualitymanagement servicesandinnovativeproductsforcombatingairpollution. Theyexcelinconductingsourceapportionmentstudies, compilingairpollutantemissionsinventories,andutilizing advancedair qualitymonitoringtechniques.With cutting- edgedispersionmodeling,theyaccuratelypinpointpollution sources.Theircomprehensivesuiteofspecializedairquality instrumentsincludesPMmonitors,mobilevanswith advancedsystems,real-timepollutantsensors,and specializedsamplingdevices.Throughtheseservicesand products,theyprovidecustomizedsolutions,establishing themselvesasleadersinairqualitymanagement. NEWTRENDSANDCHALLENGES OVERCAME Toreachitscurrentposition,thecompanyhasencountered numerouschallengesintheairqualitymanagement industry.Navigatingthecomplexregulatorylandscapeand ensuringcompliancewithevolvingstandardsdemanded constantvigilanceandadaptability.Managingand integratingvastamountsofdatafromdiversesourcesposed significanttechnicalandlogisticalhurdles.Securingthe necessaryresources,bothfinancialandhuman,toinvestin cutting-edgetechnologiesandskilledpersonnelhasbeena continuouschallenge.Stayingaheadinarapidlyevolving fieldrequirescontinuousinnovationandadaptation. Throughdedication,innovation,andcollaboration,the companyovercamethesechallengestoestablishitselfasa leaderinairqualitymanagement. GOALSANDPLANS ThecompanyaimstoleadairqualitymanagementinIndia bysettingexcellentstandardsinsourceapportionment, emissioninventory,monitoring, andpollutionmodeling. Theyleverageexpertiseandinnovativeapproachesinair qualityscience,conductingaccuratestudiesandemploying cutting-edgetechniques.Withadvancedmodeling,they pinpointpollutionsourcesandofferspecializedinstruments foranalysis.Throughinnovationandcollaboration,they drivepositivechangeinairqualitymanagement,aimingto improveenvironmentalhealth. HOWDOTHEY ENCOURAGEPEOPLEIN THEIRCOMPANY? To keeptheteammotivatedandengaged,thecompany prioritizescontinuouslearningthroughtrainingand certifications.Achievementsareacknowledgedandrewarded withperformance-basedincentives.Opencommunication andfeedbackloopsensureeveryonefeelsvaluedandheard. Work-lifebalanceispromotedwithflexiblearrangements andsupportivepolicies.Teambuildingandcollaborationare fosteredthroughactivitiesliketeamlunchesandretreats. Thesestrategiescollectivelycreateamotivatingand fulfillingenvironmentwherethededicatedteamthrives, drivingsuccessinadvancingenvironmentalsustainability andmakingapositiveimpactinairqualityscienceand technology. NEWIMMERSIVETECHNOLOGIESAND CHANGESADOPTED Thecompanyisleveragingseveralcutting-edge technologiestoadvanceitsmissioninairquality management.Itssuiteofspecializedairqualityinstruments FUTUREENDEAVORS Inthenearfuture,thecompanyplanstoactivelyparticipate intheDigitalTwininitiativeledbytheMinistryof Telecommunication,contributingitsexpertisetothis transformativeproject.Additionally,itaimstoexpandits impactbydeployinglow-costairqualitysensorsacrossIndia, ensuringbroadercoverageandaccessibilitytoreal-timeair qualitydata.Thisinitiativealignswiththecompany's missiontopromoteenvironmentalawarenessandempower communitiestoacttowardscleanerair.Throughthese efforts,thecompanyaimstoplayasignificantrolein advancingairqualitymanagementpracticesandfostering healthierenvironmentsnationwide. includesparticulatematter(PM)monitors,mobilevanswith advancedmonitoringsystems,real-timepollutantsensors, andspecializedsamplingdevicesfordetailedanalysis.By integratingtheseinnovativetechnologies,thecompany providescustomizedandimpactfulsolutionsthatdrive forwardairqualitymanagementpracticesandcontributeto ahealthierenvironment. 2024RESOLUTIONS In2024,thecompanyismostlookingforwardtoadvancing its Digital Twin Sangaminitiative.Thisambitiousproject aimstocreatehighlydetaileddigitalreplicasofurban environments tosimulateandanalyzeairqualityscenarios inrealtime.Byintegratingthiscutting-edgetechnology,the companyhopestoprovidemoreaccuratepredictionsand effectivesolutionsforairpollutionmanagement. ADVICETOREADERS Forthoseenteringenvironmentalconsultingorconsidering startingtheirownairqualitymanagementbusiness,hereare somekeytips:Stayupdatedonindustrytrends,builda strongprofessionalnetwork,embraceinnovationand technology,anddevelopessentialbusinessskillsfor sustainablegrowth.Thesestrategiesarecrucialforsuccess inthisdynamicandcompetitivefield. August’24|EntrepreneurOne|15
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GUESTWRITING ImplementationofAIandRoboticsin FuturisticHospitalsDr.M.Balasubramanian By:Dr.M.Balasubramanian Messygalleries,oil-paintedwalls,stainedbathrooms,inefficientstaff,dimlight,andnoise... ThisishowweidentifyatypicalIndianhospital.Hospitalchainsareindeedmakingtheirpresencefelt,butforanaverageIndian,brandedhealthcareisstillaluxury.Thescenariohastochange.The21stcenturymarksthearrivaloftechnologywhereeverythingischanging.Hospitalsarenoexception.However,theproblemis with thestrategicperspective. ASTRATEGICFRAMEWORKFORMODERNHOSPITALSISMISSING Thisrealizationisimportant,ashealthcareisoneofthebasicneedsofhumankind,andespeciallyinIndia,itisatthelowest rankingontheprioritylist. OneneedstothinkandknowabouthowstrategyisimportantinmakingmodernhealthcarehappeninIndia.Thehospitalof thefuturelooksquitedifferentfromthehospitaloftoday.Rapidlyevolvingtechnologiesandgrowingconsumerism,along withdemographicandeconomicchanges,areexpectedtodisrupthospitalsworldwide. 18|EntrepreneurOne|August’24
Already,agrowingnumberofinpatienthealthcareservicesarebeingmovedtothehomeandoutpatientambulatoryfacilities.However,manycomplexandveryillpatientswillcontinuetoneedacuteinpatientservices.With aging infrastructure insome countries andademandformorebedsinothers,hospitalexecutivesandgovernmentsshouldconsiderrethinkinghowtooptimizeinpatientandoutpatientsettings,howtobestconnectwithconsumers,andhowtointegratedigitaltechnologiesintotraditionalhospitalservicestotruly createahealthsystemwithoutwalls.Thefocusisonstrategicmanagement,theintelligentchoiceofinvestments,adoptingtherighttechnologiesforthetreatmentofpatients,andtheresourcesforhospitals,includingthequalityofpersonnelwhenhighturnoverandalackofproperresourcesplaguehospitalsandjeopardizeinvestmentsmadeinhigh-techequipment. ThetraditionalHospitaliswitnessingachangethatis unprecedented.RoboticsProcessAutomation,Digital supplychange,ArtificialIntelligence,theInternetof Thingswheremachineswillbetalkingtoothermachines, and3Dprinting forsurgeriesarehappeningacrossthe country. TRANSPARENCYISTHEKEYTO TALENTMANAGEMENT. Theorganizationswitha statementonperformance clear-cut goals TheHospitaloftheFuturearebelievedto performbetterthanorganizationswith weakstatementsofperformancegoals.… Nurturingmultipletalentsisallowing modern-dayhospitalstodevelopand identifyhigh-potentialindividualsat differentlevelsof nursingand toprovide themwithopportunitiesintheirspecialty areas. Doctorsandadministrators ofhospitalsarecentralto leveragingthelatest technologiesand Technologyhas completelytransformed thehealthcaresector. innovationsinthetreatment oftraditionaldiseases,as wellasthebodyblowto hospitalscausedby pandemicslikeCovid-19. Hospitalsarebetterpreparedforsuchchallengesnowthantheywereafewyearsago,andthisbookcouldnothavecomeatabettertime,ashospitalsaregrapplingwiththeenormityofchoicesthathavebeenmadeavailabletothem.Hospitals'digitalstrategiesshouldaimforhigherlevelsofcustomerengagementthantheir rivals,especiallyasmajorhospitalchainsleveragedigitaltechnologytorevamptheirrewardofferings.Itiseasiersaidthandone.Still,itneedstobeemphasizedthatofferingWestern-stylehealthisjustnotenoughanymore.Thedigitalversionofloyaltyprogramsisafeaturethatcangivehealthretailersagreaterchanceofcompetitiveadvantage.Arguably,thestrategicmanagementprocessathospitalsdependsonhoweffectivelyitappliesamixofproduct-basedsystems,visit-basedsystems,andapoints-basedsystem. TheadventofRAS(RoboticAssistedSurgery)hasledto anexcitingtimeasSurgeonscannoweasilyperformnew andcomplexprocedures. Thesuccessofthisassistanceiswitnessedacross Specialtiessuchasspinesurgeries,Cranial,Orthopaedic, Urology,GeneralSurgery,Gynaecology,Neurology,CVTS, andGIamongmanyothers. LeveragingTechnologywithbetterutilizationofhuman resourceshashelpedhospitalsinachievingcost- effectivenesswhiledeliveringgoodoutcomes.Robotic SurgeryenablesDoctorstoexecutevarioustypesof surgerieswithmoreprecisionandflexibility.Themachine integratesadvancedcomputertechnologywiththe experienceoftheskilledsurgeonandprovidesthemwith 10xmagnifiedhigh-definitionimagesofthebody’s intricateanatomy.Thesurgeonmakesuseofthecontrols intheconsoletousespecialsurgicalinstrumentsthatare smaller,maneuverable,andmoreflexiblethananormal humanhand.The robotthenreplicatesthesurgeon's handmovementswhileminimizinghandtremorsthus allowingthesurgeontooperatewithenhancedprecision, control,anddexterityevenduringthemostcomplex procedures. Itis equallyimportanttofocusonwhattypeofservices areexpectedtokeepthecustomersloyal.Strategic Managementdealswithplanning,organizing,and internalizingtherapiddevelopmentoftechnologiesnot only inthediagnosisbutinthetreatmentwithhighly sophisticatedgenetherapiesgivingtargetedtreatments todeadlydiseasesimprovinghealthcareandreducing thetimespentinhospitalsforrecovery. August’24|EntrepreneurOne|19
AstheRASoffersaminimallyinvasivesurgerythat resultsinsmallerscars,shorterhospitalstays,lessblood loss,fewercomplications,andfasterrecoveryofpatients it enhances theexperience for boththe surgeonsand patientsandrapidlygainingmomentuminthehealthcare space. The righttechnologynotonlyreducescostsbut also helpshospitalsprovidequalityservice.Forexample, virtualconsultationvideonotifications,multi-language audio,two-wayaudiocommunication,andhigh-definition videocamerasmakeiteasiertoconnecttopatients. Predictabilityandrationalityhavelongbeenthemainstay ofmanagerialperspectivesonmodernhospitals.The Risingcomplexityofthebusinessvolatilityanddemand cycleshasforcedthehospitalstogearupforthefuture ahead.Qualityofserviceisincreasinglygetting complicatedbecauseofthediversityofprofessionals, ambiguousobjectives,andmultiplestakeholders. RAScannotonlyplayanimportantroleintrainingyoung medicalprofessionals to becomemoreefficientfuture surgeonsbutwillalsohelpenhancethehealthcare infrastructureinTier2Tier3hospitals. WithfurtherprogressinAI,machinelearningdata analytics,andmedicaldevicesDoctorsareabletogather insightsintopatientsinreal-timeandpersonalized medicine. Meyer etal(2016)havethereforesaidthatstrategic managementisbecomingusefulinhospitalsbecause theyworkas complexorganizationsandaredrivenby ambiguousandmultipleobjectives.Inhospitals,the actionsanddecisionscomeout of interpretivepolitical andsymbolicaspectsmorethanmererationalism. Withadvancessuchas implementedacrossthe Telemedicinebeingwidely countrypatientsinremote villagesacrossthecountrycaneasilyavailtheexpertise oftheDoctorsmilesaway. Also,itisimportanttoknowthatsocialcapital, legitimacy,organizationalknowledge,andhighly pluralisticcontextsmakehospitalsadifficultterrain.In Additiontothecomplexitiesoftheirexternal environment, theyareinternallyascomplicated.The accumulationofvariousinternalandexternal Moreandmoreorganizationsarenowlookingforwardto theLeadershipCompetencyModelforguidingtheirefforts towardtalentmanagement. AnarrayofITSolutions,intheformofcloudcomputing, virtualmedium,artificialintelligence,anddatamining, givehealthcarefacilitiesagreatopportunitytoenhance their operationalefficiencies.Properincorporationof modernITSolutionsintohealthcaresystemsisfoundto bepositivelyrelatedtoqualityofcare. stockholdersmakesitchallengingformanagerstofight fortherightbalancebetweenrationalmanagerialmodels andinstitutional models. Thisisaninvestment thatcutsdownupon theredundantand unnecessary andallows tasks the focus caregiversto onmeaningfultasks. Technologycanbe seenasapotential solutiontoefficiency problemsinmodern hospitals. 20|EntrepreneurOne|August’24
Alsoassocialinstitutionshospitalsconstantlyfaceahighlevelofexchangeofinformation,domination,structures,andcomplexinteractions.Inadditiontoaninstitutional-basedviewofstrategy,thehospitalsshouldlookforastrategythatactsasacentralmediatorbetweentheinstitutionalenvironmentandorganizational attributes. AUTHORBIOGRAPHY Transparencyisthekeytotalentmanagement.The organizationswithclear-cutstatementsonperformance goals. TheHospitaloftheFutureisbelievedtoperformbetterthanorganizationswithaweakstatementofperformancegoals.Nurturingmultipletalentsisallowingmodern-day hospitalstodevelopandidentifyhigh-potentialindividualsatdifferentlevelsofnursingandtoprovidethemwith opportunities intheir specialty areas.MoreandmoreorganizationsarenowlookingforwardtotheleadershipCompetencyModelforguidingtheirefforts toward talentmanagement. Dr.M.Balasubramanian,adoctorbyprofession,coupled withleadershipandmanagementskillshassuccessfully ledaperiodof35yearsateamofhealthcare professionalsinvarioushospitalsinMumbai. AnarrayofITSolutions,intheformofcloudcomputing, virtualmedium,artificialintelligence,anddatamining, givehealthcarefacilitiesagreatopportunitytoenhance their operationalefficiencies.Properincorporationof modernITSolutionsintohealthcaresystemsisfoundto bepositivelyrelatedtothequalityofcare. Heisastrategic,people-orientedleaderwithsenior-levelexperiencewithincomplexhealthenvironmentswhoenjoysleadingandinfluencingchange.Hehasagenuinepassionforworkingwiththecommunityandotherkeystakeholderstoimprovehealthoutcomes.InhisfinaltenureasChiefMedicalOfficeratLilavatiHospital,hewasresponsibleforthestaff'shealth&well-being,in additiontomedical administration. Thisisaninvestmentthatcutsdownupontheredundant andunnecessarytasksandallowsthecaregiverstofocus onmeaningfultasks.…Technologycanbeseenasa potentialsolutiontoefficiencyproblemsinmodern hospitals.TheRighttechnologynotonlyreducesthecost butit alsohelpsthehospitalsinprovidingqualityservice. HehassuccessfullycompletedtheGeneralManagementProgram(GMP)fromtheprestigiousIndianSchoolofBusiness(ISB)Intheearlystagesofthepandemic,hewasquicktoassimilatefactsandpublishabook”COVID-19-TheNewAgePandemic”Inhislastbook”TotalQuality ManagementintheHealthcareIndustry”hetalkedabouttheimportanceofTQMinhealthcareandtheBarriers&Challenges faced whileimplementingit. Forexample,virtualconsultation video notifications, multi-languageaudio,two-wayaudio communication, andhigh-definitionvideocamerasmakeiteasierto connecttopatients.Remotenursescanpossiblytakecare ofallthevitalsignsofthepatientandprovidecarebased onthepatient'scondition. HISLATESTBOOKON“STRATEGIC MANAGEMENTOFHOSPITALS--A FUTURISTICOVERVIEW Thehospitalofthefuturemaylookquitedifferentthan thehospitaloftoday.Rapidlyevolvingtechnologiesand growingconsumerism,alongwithdemographicand economicchanges,areexpectedtodisrupthospitals worldwide. Thefutureofthehospitaldependsonthelevelof ownershipthateachofits employeesshows.Theright engagementstrategiesandproperenvironmentplanning wouldmakesure thattheemployeescontribute their hundredpercenttocaredelivery. Already,agrowingnumberofinpatienthealthcareservicesarebeingpushedtothehomeandoutpatientambulatoryfacilities;however,manycomplexandveryillpatientswillcontinuetoneedacuteinpatientservices.Withaginginfrastructureinsomecountriesanddemandformorebedsinothers,hospitalexecutivesandgovernmentsshouldconsiderrethinkinghowtooptimizeinpatientandoutpatientsettings,howtobestconnect with consumers,andhowtointegratedigitaltechnologiesintotraditionalhospitalservicestotrulycreateahealthsystemwithoutwalls. August’24|EntrepreneurOne|21
UnionBudget2024-25 UNION ImportantHighlights BUDGET 2024-25 MajorTaxHighlights CapitalGains Exemptions raised to Rs.1.25 lakh annually for Listed Financial Assets. Short-Term Capital Gains Tax revised to 20% for Specified Financial Assets. Long-Term Capital Gains Tax revised to 12.5%. Standard Deduction for Salaried Employees increased to Rs.75,000 under New Tax Regime. RevenueStreamsof Government Government Spending 22|EntrepreneurOne|August’24
Ministry-Wise Allocation AllocationtoMajor Schemes InflationTrend PeformanceofInianEconomy BudgetataGlance August’24|EntrepreneurOne|23
UNIVERSALFUELINDUSTRIES:PIONEERINGSUSTAINABLE ENERGYSOLUTIONSTHROUGHBIOMASSBRIQUETTES ABOUTUNIVERSALFUELINDUSTRIES Foundedin2009,UniversalFuelIndustries is a leading manufacturerandsupplierofeco-friendlybiomass briquettesmadefromagriculturalandindustrialwaste. WithfacilitiesinRajasthanandMadhyaPradesh,the companydeliverssustainableenergysolutionsthat reduceenvironmentalimpact,maintenancecosts,and productiondelays.Their"EnergySynergy"modelhandles allboileroperations,meetingindustrialsteamand heatingneedswith100%eco-friendlyfuel,ensuring completesafetyandcompliance. Balancingfinancialviabilitywithacommitmentto sustainabilityiscrucialforshapingthecompany’sfuture andreinforcingitsdedicationtoprovidingeco-friendly energyalternatives. UniversalFuelIndustriesaimstorevolutionizeenergy productionwithsolidfuelsthataremoresustainable, efficient,andcost-effectivethancoal,furnaceoil,and diesel.Byminimizingenvironmentalimpactand supportinglocalcommunities,thecompanyaddresses global energychallenges.Strategicpartnershipsand ongoingresearchdriveUniversalFuelIndustries'growth towardamoresustainableandefficientenergyfuture. KEY PERSON ANDTHEIRRESPONSIBILITIES KaoustubhKathuria,theco-founderofUniversalFuelIndustries,bringsoversixyearsofleadershipexperienceintheindustryandapassionfordrivingpositivechangetowardagreenerfutureandcleanerenvironment.HeiscommittedtoutilizingMakeinIndiamachinesandengagingfarmerstoimprovetheirlivelihoods.Oneofhiskeyresponsibilitiesisprioritizingsustainableinnovation inproductdevelopment.Thisincludesdecidingwhichgreentechnologiestoinvestinandhowtointegratethemintofuelsolutions,ensuringthecompanyremainsattheforefrontoftheindustrywhileminimizingenvironmental impact. KAOUSTUBHKATHURIA Co-Founder 24|EntrepreneurOne|August’24
WHOARETHEIRCLIENTS? TheCompanyhassomenotableclientsamongwhichthe keyhighlightsare-Mondelez,PepsiCo,Torrent Pharmaceuticals,ITC,Cargill, Hero Cycles,Hindustan UnileverLtd,WiproConsumerCare,PidiliteIndustries, Mars-Wrigley,etc. Additionally,thecompanyiscommittedtocommunity- buildinginitiativesthatsupportfarmersthroughfinancial aidandtrainingprograms,furtheringtheircommitment tosustainableagriculturalpracticesandeconomic empowerment. NEWTRENDSININDUSTRIESAND CHANGESMADETOADAPTTOIT InIndia,thebiomassbriquetteindustryisadvancingwith innovationslikebinderlesstechnology,automaticcontrol systems,andhybridbriquetting.UniversalFuelIndustries employsthesetechnologiesacrossitssitestoproduce UNIVERSALFUELINDUSTRIESUSP UniversalFuelIndustriesstandsoutwithseveralunique sellingpoints.Theyensureanall-weathersupplyof biomassbriquettes,maintaincompetitivepricingthrough multiplemanufacturingunits,anddeliverconsistently high-qualityproductsbydryingandfilteringraw materials.Thecompanysupportslocalfarmersby providingfaircompensationforcropwaste,turningitinto extraincome.Additionally,theysimplifiesboiler operationsoutsourcingwith100%eco-friendlyfueland prioritizessafetyandcompliancethroughcontinuous improvementandadherenceto allregulations. high-qualitybriquettes.Currenttrendsinclude researchingcropwastesfor solidfuelconversionanda shifttowardscontractualserviceslikesteamgeneration. IndustriesinNorthandCentralIndiaareincreasingly adoptingbiomassboilersforenergyefficiencyandcost savings.Withanin-houselaboratory,UniversalFuel Industriesensureseachbatch meetsrigorous quality standards,supportingoperationalefficiencyandclient satisfactionthroughastructuredservicemodel. FUTUREGOALSANDENDEAVORS UniversalFuelIndustriesisdedicatedtopromoting sustainabilityandprovidingaccessiblecleanenergy solutionsthroughbiomassbriquettes. Theyeducate individualsandindustriesontheenvironmentalbenefits, lowmaintenance,storability,andcost-effectivenessof biomassbriquettes,aimingtoexpandtheirproduction facilitiesstrategically to reachmorecommunitiesand industrieswiththesesolutions.Upholdinghealth,safety, andenvironmental(HSE)complianceinboileroperations andmaintenanceservicesisapriority,ensuringtheir operationsnotonlydelivercleanenergybutalsomeet stringentsafetyandenvironmentalstandards.Looking ahead,UniversalFuelIndustriesplanstoexplorebiomass briquetteexports,researchalternativecropwastefor solidfuelpotential,andassistthepublicsectorin transitioningfromcoaltobiomassbriquettes,thereby contributingtoasustainablefuturewhilefulfilling currentenergyneeds. HOWDOTHEYENCOURAGEPEOPLE WORKINGINTHEIRORGANIZATION Intheircompany,fosteringacultureofcollaborationand innovationis commitment. brainstorming morethananobjective—it'sadaily Forinstance,theyconductweekly sessionswhereteammembersfrom differentdepartmentscometogethertoaddress challengesandexplore fresh ideascollectively.This approachnotonlyresultsininnovativesolutionsbutalso cultivatesaspiritofcamaraderieandteamwork.It exemplifiestheirdedicationtoprioritizingcollaboration andempoweringeachteammembertocontributetheir uniqueperspectivestowardachievingsharedobjectives. 2024RESOLUTIONS In2024,UniversalFuelIndustriesaimstoachieveseveral strategicobjectives.Theyplantodiversifytheirbusiness byventuringintonewareassuchassupplyingboiler partsandintroducingadditionalsolidfuelsderivedfrom coconutshells,sawdust,ricehusk,andothercropwaste. Geographically,theyintend to expandtheiroperations intoSouthIndia. To strengthentheirmarketpresence, UniversalFuelIndustries willincreasetheirpermanent workforce,specificallyfocusingonenhancingtheir capabilitiesinsalesandmarketing. ADVICETOREADERS “Considerinvestinginsustainablebusinessesthatbalance profitabilitywithenvironmentalresponsibility.Theneedto addressurgentenvironmentalissueslikeclimatechangeand pollutionisparamount.Whiletechnologysuchasrenewable energyandefficientresourcemanagementisessential, individualactionssuchasreducingwasteandsupporting eco-friendlypracticesareequallyvital.Bycombining technologicalinnovationwithresponsiblepersonalchoices, wecanworktowardsasustainablefutureforourplanet.” August’24|EntrepreneurOne|25
AVISIONARYINTRANSPORTATION:MEETMRKUNALKHARAT, PRINCIPALDIRECTOROFCITYGLIDETRAVELSOLUTIONSPVT.LTD Inanexclusiveinterview,KunalKharat,thedynamicDirectorofCityglideTravelSolutions,sharesinsightsintohisentrepreneurial journeyandthemissiondrivinghiscompany’simpactinthetransportationandmobilitysector.Fromovercomingchallengesto leveraginginnovationandtechnology,Mr.KharatdiscusseshowCityGlideTravelsisrevolutionizingcommutingpracticeswhile fosteringsustainabilityandsocialresponsibility.Discovertheuniqueinitiatives,futureplans,andinvaluableadviceforaspiring entrepreneursinthisilluminatingdiscussion. BACKGROUNDANDJOURNEY Q.Canyoushareabriefaboutyouandanoverviewofyourprofessionaljourneyandhowyouventuredintoyourcurrentbusinessdomain?Also,Pleaseshareyourpersonalbackgroundaswell. IwasbornandbroughtupinPune.Aftercompletingmyschool,IwentabroadandpursuedmygraduationintheUK.Growingup,Isawmyfamilybuildafirst-generation businessanditfacedturbulenttimesduringCovid.WhenIsteppedintothebusiness,Ithoughtofbuildingabusinessmodelthatisperfectlymoated/insulatedwithastrongsupportsystemstrategictie-ups,and growth potential. Currently,weareworkingtowardsdevelopingbetter commonsharedmobilityconceptsforcorporatesand citizens of India. KEYACCOMPLISHMENTS Q.Whatdoyouconsideryourmostsignificantachievementsormilestonesinyourcareer? DuringtheCovidperiod,therewasabigvoidandgapandtherewastotaldisruptionofthebusinessallover.Duringthisperiod,weadvancedourtechnologiesandinnovatedourbusinessmodel,enablingustoachieveathree-digittoplinewithinless than three years. Q.Whatmotivatedorinspiredyoutopursueacareerinthetransportationandmobilityindustry? AftermygraduationintheUKandcoming to India later on,Icouldseealotofopportunitiesintheareaoftransportationandmobility,especiallythelastmileconnectivity. Ithenstartedworkingonthoseaspectsofcommutingafter thoroughresearchandunderstandingofhowintegrationwithtechnologywillbringinaseachangetotheendusersandthe drivers andbuilda robust businessmodel. Ihaveseenpeoplestrugglingwithtransportationinthe corporateworld.Ihavealso seenhowpollutionandits aftereffectsimpactclimatechange.Ithenthoughtof developing abusinessoftransportationthathelpsreduce congestiononroadsandpromotestheusageofpublic transportationtoreducecarbonfootprints. 26|EntrepreneurOne|August’24
CHALLENGESANDLEARNINGS Q.Whatchallengeshaveyoufacedinyourcareer,andhowdidyouovercomethem? Challenges: CLOSINGTHOUGHTS Q.Isthereanythingelseyou'dliketoshareoranymessageyou'dliketoconveytotheaudience readingthisfeatureabout you? Entrepreneurship is rewardingespeciallywhenyouareabletogenerateemploymentforthousandsofpeopleandbuildabetterlifeforchannelpartnersandsupplychain.Weaimtoempowerthemthrough Manpower:Ensuringwehadtherightteam in place. SupplyChain:Managingthecomplexitiesoflogisticsand supplychain. Developahybridmodelofintegrationtechnologyinto traditional transportation. entrepreneurshipactivitiesandinitiatives,combined withfosteringaccountabilityanddevelopingafeelingofownershipthroughdistributedownershipprograms.Allthisleadstogreaterpersonalcontentmentandfulfillment. INNOVATIONANDVISION Q.Couldyoudiscussyourvisionforthefutureofyourbusinessortheindustryasawhole? Currently,weareworkingtowardsgaininggroundtobea leader intheEmployeetransportationdomainandlast- mileconnectivityprogramwithinnovativemodelsand first-of-its-kindsystemsandtechnologies.Wearean inclusiveworkplacewhereweencourageDifferently abled,women,andLGBTQco-workersmembersintoour team. Ourbusinessmodelshouldbesuchthatitshouldbea win-winforsocietyandthestakeholdersandmake businessassustainableaspossible. OurBusinessmodelshouldbewovenaroundsociety andhelpreachoutandconnectandempower maximumcitizensforbetterlivesandearning opportunities. WebelievethatIndiawill entrepreneurshipandbethe economy. leadtheworldin backboneofIndia’s Wehaveasustainableapproachtowardstransportation byusinggreenfueltransitioningtowardselectricmobility andtargetingnetzero. Ourfuturevisionistoembraceelectricmobilityandwork towardsenablingfasterandeffectiveandcheapermeans oftransportation,whichcanincludeelectricmobility,Air taxis,andDrones,andensuringeverydry/deadmileage running getsconvertedintoprofitablerevenue-based running. Q.Whatareyoulookingforwardtoaccomplishingmostin2024? Wearecurrentlyoperatinginover18+majorcitiesand haveourservicesoperatingin morethan300citiesfor ourcarrentalvertical. WeplantobeatopplayerinthisdomainpanIndia.And intheyear2024and2025,weplantohaveaconsiderableglobalpresenceaswell. August’24|EntrepreneurOne|27
whySCHOOLKIDS SHOULDLEARNTECHNOLOGY ATEARLYAGE??? ADVANTAGES Increasedefficiency:Technologycanhelpstudents completetasksmorequicklyandaccurately,freeingup timeformorecomplexorcreativeprojects. Preparationforthefuture:Technologyisbecoming increasinglyintegraltoourdailylives,andit'sessential thatyoungstudentshaveastrongfoundationin technologytobepreparedforthefuture. Improvedcriticalthinkingskills:Learningtechnology requiresproblem-solvingandcriticalthinkingskills, whichcanhelpstudentsdeveloptheseskillsatanearly age. Enhancedlearningexperiences:Technologycanbe usedtocreateinteractiveandengaginglearning experiencesthatcanhelpstudentsbetterunderstand andretaininformation. Enhancedcreativity:Technologycanbeusedtocreate andinnovateinmanydifferentfields,andlearning technologyatanearlyagecanhelpstudentstapinto theircreativepotential. Accesstoawealthofresources:Technologyprovides studentswithaccesstoavastrangeofeducational resources,suchasonlinecourses,multimediacontent, andinteractivetools. Accesstoavastrangeofresources:Technology providesstudentswithaccessto awealthofresources, suchasonlinelearningplatforms,educationalapps, anddigitallibraries. Improvedcollaborationandcommunication: Technologycanhelpstudentscollaborateand communicatemoreeffectivelywiththeirpeersand teachers,bothinpersonandremotely. Improvedcollaborationandcommunication: Technologycanhelpstudentscollaborateand communicatemoreeffectivelywiththeirpeersand teachers,bothinpersonandremotely. Greaterflexibility:Technologyallowsstudentstolearn attheirownpaceandontheirownschedule,providing greaterflexibilityandcontrolovertheirlearning. Overall,technologycanprovidemanyadvantagesfor students,includingimprovedefficiency,enhanced learningexperiences,accesstoresources,improved collaborationandcommunication,andgreater flexibility. Overall,learningtechnologyatanearlyagecanhelp studentsdevelopimportantskillsandpreparethem forthefuture. 28|EntrepreneurOne|August’24
SOMEWAYSOFPRACTISING Participateincodingorprogrammingclubs:Manyschools andcommunityorganizationsoffercodingandprogramming clubsforstudentstopracticetheirskills. Provideage-appropriateresources:Providechildrenwith age-appropriateresources,suchaseducationalappsoronline games,thataredesignedtobefunandengaging. Encouragecreativity:Encouragechildrentobecreativeand usetechnologytocreatetheirownprojects,suchasvideos, games,orwebsites. Useonlinelearningplatforms:Therearemanyonlinelearning platforms,suchasCode.organdKhanAcademy,thatoffer freecodingandprogrammingcoursesforstudents. Provideopportunitiesforcollaboration:Technologycanbe usedtofacilitatecollaborationandsocialinteractionamong children,whichcanbemotivatingandenjoyable. Participateinhackathons:Hackathonsareeventswhere studentscancometogethertoworkontechnologyprojects andlearnfromeachother. Encourageproblem-solving:Technologycanbeusedtosolve problemsanddevelopcriticalthinkingskills,whichcanbe motivatingandrewardingforchildren. Buildyourownprojects:Encouragestudentstobuildtheir ownprojectsusingtechnology,suchaswebsites,apps,or games. Overall,thekeytodevelopinginterestinchildrenistomake technologyfun,engaging,andage-appropriate,andto provideopportunitiesforexploration,creativity, collaboration,andproblem-solving. Attendtechnologyevents:Attendtechnologyevents,suchas codingcampsortechconferences,tolearnfromexpertsand networkwithotherstudents. ISITOKTOMAKECHILDRENLEARN TECHNOLOGYATANEARLYAGE?AREWE SPOILINGTHEIRCHILDHOOD? Overall,therearemanywaysforstudentstopracticetheir technologyskills,includingparticipatingincodingand programmingclubs,usingonlinelearningplatforms, participatinginhackathons,buildingtheirownproįects,and attendingtechnologyevents. Learningtechnologyatanearlyagecanbebeneficialfor childreninmanyways,suchasdevelopingimportantskills, preparingthemforthefuture,andfosteringtheircuriosity andcreativity.However,itisimportanttobalancetechnology usewithotheractivitiesandtoensurethatchildrenhavetime forplayandunstructuredfreetime. Itisnotnecessarily"spoiling"achild'schildhoodto introducethemtotechnologyatanearlyage.Rather,itisa waytohelpthemdevelopimportantskillsandpreparethem for the future.However,itis importanttoensurethatchildren haveabalanceoftechnologyuseandotheractivities,suchas play,sports,andsocialinteraction. DOESACHILDCOOPERATETOLEARN TECHNOLOGY? Curiosity:Childrenarenaturallycuriousandmaybedrawnto technologybecauseitoffersanewandexcitingwaytolearn andexplore. Immediatefeedback:Technologycanprovideimmediate feedbacktostudents,whichcanbemotivatingandhelpto buildtheirconfidence. Overall,itis important tostrikeabalanceandmakesure that childrenhaveawell-roundedchildhoodthatincludesa varietyofactivitiesandexperiences. Real-worldapplications:Technologyisusedinmanydifferent fields,andlearningaboutitcanhelpstudentsunderstandhow itcanbeappliedintheirownlivesandintheworldaround them. DRAWBACKS Addiction:Excessiveuseoftechnologycanlead to addiction, whichcannegativelyimpactachild'ssocial,emotional,and physicalwell-being. Collaborationandsocialinteraction:Technologycanfacilitate collaborationandsocialinteractionamongstudents,which canbemotivatingandenjoyable. Parentalsupport:Childrenaremorelikelytobeinterestedin learningtechnologyiftheyhavesupportiveparentswho encourageandencouragetheirinterestinthesubject. Sleepdeprivation:Exposuretoscreensbeforebedtimecan disruptsleeppatternsandleadtosleepdeprivation,which canhavenegativeeffectsonachild'shealthand development. Overall,childrenmaybeinterestedinlearningtechnologyif theyarecurious,receiveimmediatefeedback,understandits real-worldapplications,enįoycollaboratingandsocializing withothers,andhavesupportiveparents. Cognitivedevelopment:Excessiveuseoftechnologycan interferewithcognitivedevelopment,suchasattention, memory,andproblem-solvingskills. Socialinteraction:Overuseoftechnologycanleadtosocial isolationandalackofface-to-faceinteractionwithothers, whichisimportantforsocialandemotionaldevelopment. HOWTOMOTIVATEKIDSTOLEARNABOUT TECHNOLOGY? Allowthemtoexploreandexperiment:Encouragechildrento exploreandexperimentwithtechnologyontheirown,without pressureorexpectations. Safetyconcerns:Childrenmaybeatriskofonlinepredators, cyberbullying,andotheronlinedangersiftheyarenot properlysupervised. Makeitfun:Technologycanbemadefunandengaging throughgames,puzzles,andinteractiveactivities. Overall,itisimportanttobemindfulofthepotential drawbacksoftechnologyuseandtoensurethatchildren haveabalancedandhealthyrelationshipwithtechnology. 29
RMZFOUNDATIONCELEBRATESINDIAN WOMENARTISTONGLOBALPLATFORMS InthevibrantsphereofIndianartanddesign,anewinitiativeisemergingasabeaconofartisticcelebration.AcollaborationbetweenRMZFoundationandtheYorkshireSculpturePark(YSP)hasculminatedinaUKexhibitionthataimstohonorandsupportIndianwomenartists,elevatingtheirworkontothe global stage. Thispartnershipembodiesasharedmission:introducingIndia'srichculturalheritagetoawideraudience.Ittranscendsameredisplayofart,insteadspotlightingthetransformativepowerofarttobridgedivides,promoteaccessibility,andfosterunderstanding. Simultaneously,SuhasiniKejriwal’s“GardenofUn-EarthlyDelights,”isamesmerizingcollectionofhand-paintedbronzesculptures.Kejriwal’sintricatebotanicalthemesinviteviewersintoawhimsicalyetprofoundexplorationofnatureandimagination.Herworkisacelebrationofthedelicatebalancebetweenhumancreativityandthenaturalworld,capturingtheessenceofbeautyandresilience. AmplifyingVoicesThroughArt Attheforefrontofthistwofoldcollaborationaretworemarkableexhibitions.BhartiKher’ssoloexhibition,“Alchemies,”delvesintothefemalebodyandexperience,offeringaprofoundcommentaryoncontemporaryissuesofidentityandgender.Hersculptures,richwithsymbolicmeaningandreflectiveofwomen’sperspectives,areapowerfultestamenttothecomplexitiesofthefemaleexperience.Kher’sworktranscendstraditionalartisticboundaries,engagingviewersinadialogueaboutidentity,power,andthehumancondition. Collaborativepresentationsofsuchscaleandstagearepartofabroaderefforttonotonlyshowcaseartbutalsotoproactivelyofferplatformsforwomenartiststoemergeconfidently. AnuMenda,ManagingTrustee,RMZFoundationbelieves thatartistheunifyingforcethattranscendsgeographical boundaries.“Weviewthisexhibitionasanopportunityto sparkmeaningfulconversationsandmakeartmore accessibletodiverseaudiences.Byshowcasingthese powerfulartworksinoneoftheUK’smostwidelyvisited artspaces,theFoundationaims toshare arichcultural heritagewiththeworldwhileempoweringwomen artists.” AnuMenda, ManagingTrustee,RMZFoundationatYorkshireSculpturePark(UK) 30|EntrepreneurOne|August’24
FosteringAccessibilityandInclusivity Throughamulti-facetedapproach, public artinstallationsarecuratedandcommissionedinparks,publicarenas,andofficespaces,ensuringthatartisanintegralpartofeverydaylife.Suchinitiativestranscendmerelyshowcasingart,aimingtomakeitaccessibletoallandfosteringadeeperconnectionwithdiverseaudiences.Theseinstallationsnotonlybeautifyurbanenvironmentsbutalsocreatespacesforreflectionandcommunityengagement. “OurworkwithwomenartistsextendsacrossIndia’sstates,showcasingtalentssuchasTruptiPatel,ShanthamaniM.,ShilpaGupta,VibhaGalhotra,JaysreeBurman,ManishaParekh,ShaikhaAlMazrou,andAlicja Kwade.”Eachartistbringsaunique perspective and voice,enrichingtheculturaltapestryandcontributingtoart’ssocietalimpact. Asthisjourney continues, the mission tointegrateartintocommunitiesandcontributetosocietalimpactremainssteadfast.Supportforwomenartistsandcommitmenttoinclusivity andaccessibilityarepavingthewayforamorevibrantandequitableartworld,notonlycelebratingIndianwomenonglobalplatformsbutalsoinspiringanewgenerationofartistsandartenthusiasts.Inanerawhereculturalexchangeandunderstandingarecrucial,suchcollaborationsexemplifythepowerofarttounite,inspire,transformanddemonstrateshowdedicatedeffortscanmakealastingimpact,showcasingthebeautyand depth ofIndianarttotheworld. Byprovidingplatformsforartisticexpressionandengagement,barriersmustbebrokendowninmakingartauniversallanguage.Inclusiveartworkshopsandeventsareinitiativesthatbringtogetherpeopleofallagesandabilities,forgingcreativeconnectionsandfosteringasenseofcommunity. Bybringingcelebratedwomenartistsoutoftheshadows andintothespotlight,traditionalgendernormsare constantlychallenged,promotingamoreinclusiveart world.Sofar, RMZFoundationhas heldexhibitions, featuringover60contemporarysculptures,including artworksbyfemaleartistsfromdiversebackgroundsand careerstages,reflectingacommitmenttodiversityand inclusivity. August’24|EntrepreneurOne|31
NOCTURNALNETWORK:CRAFTINGEXCEPTIONALSOCIAL EXPERIENCESINHOSPITALITYANDENTERTAINMENT ABOUTNOCTURNALNETWORK NocturnalNetworkisaleadinghospitalityand Theircustomerbasecomprisesbothlocalsandtourists, creating avibrantcommunitythatvaluesexceptional hospitalityandseeksunforgettableexperiences.By cateringtosuchawiderangeofinterests,Nocturnal Networkhasestablisheditselfasahubforpeoplefrom allwalksoflife tocometogetherandenjoyexceptional socialexperiences. entertainmentcompanyrenownedforcrafting exceptionalsocialexperiences.Theyownandmanagea portfolioofrestaurantsandnightlifevenuesinmajor cities acrossIndia,includingArtistryLive in Goa and Hyderabad,ArtistrySuitesinGoa,andTapasMein ChennaiandHyderabad.Furthermore,thecompany excelsinorganizingliveevents,concerts,andmusic festivalsthatshowcaseculturalresonanceandbring communitiestogether. KEYPERSONANDHISRESPONSIBILITIES SameerMohammedistheFounderandCEOofNocturnal Network,wherehespearheadsthecompany'sstrategic directionandoversees itscross-sectoraloperations.He ensuresthateveryaspect of thebusinessembodiesthe principlesofcreativity,inclusivity,andsustainability. Underhisleadership,thecompanystrivestobeafront- runnerintheentertainmentandhospitalityindustry, deliveringunforgettablesocialexperiences.AstheCEO, SameerMohammedmakescritical decisionsforthe company,includingexpansionintonewmarkets, investmentinhumanresourcesdevelopmentinitiatives, andimplementationofsustainablesolutions,whichhave beeninstrumentalinshapingthecompany'sgrowth trajectoryandsolidifyingitsreputationforexcellence. WHOARETHEIRCLIENTS? NocturnalNetworkcaterstoadiverserangeofclientele,includingfinedininganddrinksenthusiasts,club-goers,liveentertainmentlovers,andthosewhoappreciatediverse musicscenes. SAMEERMOHAMMED FounderandCEO 32|EntrepreneurOne|August’24
NOCTURNALNETWORKUSP NocturnalNetworkdistinguishesitselfbyprioritizing exceptionalsocialexperiencesthatcombinedelectable cuisine,captivatingperformances,andculturalrelevance. Thecompanyis dedicated to pushingtheboundariesof innovationinhospitalityandentertainment,ensuringthat itsmenudesigns,programs,andeventcuration consistentlysurpassindustrystandards.Byfocusingon thesekeyelements,NocturnalNetworkdeliversunique andmemorableexperiencesthatsetitapartfromothers intheindustry. FUTUREENDEAVORS NocturnalNetworkispoisedforglobalexpansionandisdrivinginnovationinsustainability,withastrategicfocusonbecomingatechnology-drivenorganization emphasizingcontentandcommunity.Toachievethis, theyarebuildingcompetitiveteamsto developcutting- edge,tech-drivenproductsthatfostercommunity engagementandnurtureconsumerrelationshipsthrough liveandreportedcontentcenteredoncustomer experiencesandtheirbrandjourneys.Additionally,the companyiscommittedtosupportingvarioussocial causesworldwide,strivingtomakeapositiveimpacton globalsocialeventswhileremainingsteadfastintheir values.Byprioritizingcommunity,content,andsocial responsibility,NocturnalNetworkisdedicatedtocreating alasting,globallegacy. GOALSANDSTRATEGIES NocturnalNetworkiscommittedtopioneeringinnovative socialexperiencesinIndia,continuallyintroducingnovel conceptstocaptivatediverseaudiencesacrossvarious locations.Theirstrategyencompassesexpandingtheir marketreach,fosteringmeaningfulconnections,and upholdingtheirreputationforsustainablepracticesand transparency.Theyprioritizeenhancingtheirstorytelling andhumanizingtheirbrandstocultivatestronger communitiesaroundtheirbusinesses.Furthermore,they arededicatedtointegratingsustainablepracticesinto theirdailyoperationsandformingstrategicpartnerships toenrichtheirofferings.Byactivelyconsideringcustomer feedbackandrelyingondata-driveninsights,theymake informedadjustmentstorefinetheirapproachand maintaintheirpositionasleadersintheindustry. 2024RESOLUTIONS In2024,NocturnalNetworkisconcentratedon broadeningtheirdiningandliveexperienceofferings, pioneeringinnovative event formats,andembedding sustainablepracticesthroughouttheiroperations.They areenhancingtheirculinaryportfoliowithTapasMein Hyderabad,showcasingtheirEuro-Asiandining experience,andintroducingaspeakeasybarinGoa. Furthermore,theyareconstructingapodcastroom withinArtistryLive,enablingtheirin-housecontentteamtoproduceadiversearrayofepisodes.Thisinitiativemarksasignificantstepforwardincommunitybuildingthroughrelevantcontent,underscoringNocturnalNetwork'scommitmenttocreatingimmersiveexperiencesthatresonatewiththeiraudience. NEWIMMERSIVETECHNOLOGIESAND WAYSTOADAPTTOTHEM? AtNocturnalNetwork,theychampiontheintegrationof artificialintelligence(AI)andcreativehumaninputto amplifycustomerengagementandstreamlineoperational efficiencyintheirdailybusinessoperations.Byleveraging thesetechnologies,theyaimtoelevateevent experiences,personalizeguestinteractions,andsimplify venuemanagement,ultimatelydeliveringexceptional service.Meanwhile,severalkeytrendsareemergingin thehospitalityandentertainmentindustries.These includeagrowingfocusonexperientialdining,where restaurantscraftimmersiveenvironmentsandoffer uniqueculinaryexperiences.Sustainabilityisalsogaining traction,withanemphasisoneco-friendlypracticesand locallysourcedingredients.Additionally,the increased adoptionofmobileappsandaugmentedrealityis enhancingcustomerinteractionsandoperational efficiency.Furthermore,thereisanoticeableshift towardsgreatercommunityengagement,withevents organizedbylocalartistsgainingpopularity,highlighting agrowingappetitefordiverseperspectivesand experiencesbeyondthefamiliar. HOWDOTHEY ENCOURAGEPEOPLEIN THEIRORGANIZATION? NocturnalNetworkprioritizesasupportivecompany culturethatvaluescreativity,collaboration,andrespect. Theypromotework-lifebalance,andcareerdevelopment, andrecognizeachievementstofostergrowthandwell- beingforallteammembers. ADVICETOTHEREADERS “Embracediversity,prioritizesustainability,andseekout experiencesthatenrichyourlife andconnectyouwith others.Supportbusinessesthatshareyourvaluesand contributepositivelytotheircommunities.” August’24|EntrepreneurOne|33
WHOARETHEIRCLIENTS? Their primaryclientsareelectric2-wheelerand 3- wheelerdealersanddistributors.Additionally,they participateingovernmenttendersandconduct institutionalsales. ABOUTTHEKEYPERSONANDHISROLES ANDRESPONSIBILITIES Dr.VeerSingh,CEOofLORDSAUTOMATIVEPvtLtd,overseesalloperationsintheelectricvehicle(EV)sector,drivingstrategicvision,R&Dfortechnologyandbattery efficiency,andmarket-orientedproductselection.Heprioritizesefficientresourceallocation,andcapitalraising,andfostersastrongleadershipteamandpositivecorporateculture.Dr.Singhfocusesonexpandingmarkets,enhancingcustomersatisfaction,integratingsustainability,ensuringregulatorycompliance,and DR.VEERSINGH:STEERINGLORDS AUTOMATIVEPVTLTDTOWARDA GREENER FUTURE managingcriseseffectively,shapingLORDS AUTOMATIVE'ssuccessandsustainabilityintheEV industry. LORDSAUTOMATIVEPVTLTD LORDSAUTOMATIVEPvtLtd,foundedinFebruary2020, isaleadingIndianmanufacturerofinnovative,eco- friendly2-wheelersand3-wheelers.Theirvehicles emphasizesustainability,costefficiency,energy intelligence, andhighquality.Knownforstrongafter- salesserviceandsparepartssupport,LORDS AUTOMATIVEis establishingitselfasareliablebrandin theelectricvehiclemarket.Inresponse tothepressing issueofpollution,thecompanypromotestheadoptionof greentechnologywithproductsliketheLord’sZoome- scooter,Lord’sKinge-rickshaw,andspecializedvehicles liketheLord’sGraceforhandicappedindividuals.Their commitmentistoprovidetop-tier,sustainable transportationsolutionstocreateagreenerfuture. TheirProducts: Category2-Wheeler Lord’sZoom–E-Scooter Lord’sZoomPlus–E-Scooter LORDSBijli-ELoader LORDSStylon-High-SpeedEScooter LORDSPrime-High-SpeedELoader Category3-Wheeler Lord’sKing–E-Rickshaw Lord’sSamrat–E-Loader Lord’sSawari–ButterflyE-Rickshaw Lord’sGati–ButterflyE-Loader Lord’sGrace–E-Rickshaw(Speciallydesignedfor HandicapPeople) Lord’sSwachhYaan–GarbageVehicle Lord’sVayu-High-SpeedAuto Lord’sVelocity-High-SpeedLoader DR.VEERSINGH CEO 34|EntrepreneurOne|August’24
LORDSAUTOMATIVEUSP LORDSAUTOMATIVEPvtLtdstandsfirmlybyits customers,offeringround-the-clocksupportandpremium servicessuchascustomerassistance,partreplacements, andvehicledelivery.TheyprovideDIYvideosfor maintenanceinallweatherconditionsandaidinbattery care.Additionally,thecompanyoffersdoorstepservice, businesspromotion,andleadgeneration.Alignedwith customeraspirationsforenvironmentalsustainabilityand transportationreliability,LORDSAUTOMATIVEembodies thespiritof“MakeinIndia,”ensuringpromptsupportthat fosterstrust.Recognizingthatthecustomersprioritize factorsbeyondprice,suchastime,energy,andemotional investment,thecompanystrivestomeeteverycustomer queryandsupporttheirlong-termsuccesswithdurable andcost-effectiveproducts. ADAPTABILITYTONEWIMMERSIVE TECHNOLOGIES AdvancedtechnologieslikeIoTsensorsforreal-timedata collection,AI andMLalgorithmsforefficientresource management,androboticsforenhancedassemblyline operationsarerevolutionizingtheAUTOMATIVEsector. Additionally,virtualsimulations,3Dprintingforrapid prototyping,andwastereductiontechnologiesfurther optimizeprocessesandreducecosts.Integrationand effectiveutilizationofthesetechnologiesarecrucialfor maximizingtheirbenefitsacrossAUTOMATIVE manufacturing. NEWTRENDSANDCHALLENGESFACED LORDSAUTOMATIVE Pvt Ltd swiftlylaunched two EV modelsthroughfocusedengineeringandresearch.The LORDSPrimesupports275kilograms,whiletheLORDS Stylonhandlesupto200kilograms,bothbenefitting fromextensiveR&Dthathasenhancedfeatureslikefast charging,rangeefficiency,andGPSintegration.Theyalso prioritizedautonomousdrivingsystems,advanced batteries,charginginfrastructure,andsupplychain efficiency.DespitefacingtheCOVID-19lockdownshortly afteritsinception,theirentrepreneurialspiritdrovethem forward.LORDS’AUTOMATIVEchampionsindigenous, affordableproducts,offeringa widerangethatmeets nationaldemandwithdurability,style,andrapidcharging capabilities,allwhileensuringstrictadherenceto governmentstandardsinIndia. FUTUREGOALSANDSTRATEGIES LORDSAUTOMATIVEPvtLtdplanstoexpanditsdealer networkto500outlets,seekingentrepreneurial partnershipsfornationalgrowth.Theyaimfor aglobal presencebyco-developingproductsandsharing expertise.With a vision of ubiquitouselectricvehicles nationwide,havingsoldover 30000vehiclesthrough 300+dealersacross22states,theirmissionremainsto deliverhigh-qualityEVs.AsCEO,futurefocusesinclude expandingproductlines,enhancingR&D,globalmarket entry,advancingcharginginfrastructure,sustainable practices,strategicpartnerships,customerexperience, policyadvocacy,talentdevelopment,andfinancial sustainabilitytodriveinnovationandsustainabilityin transportation. HOWDOTHEYENCOURAGEPEOPLE WORKINGINTHEIRORGANIZATION? LORDSAUTOMATIVEPvtLtdisdedicatedtoenforcing equalopportunityinallrecruitmentphases,ensuringfair considerationwithoutregardtogender,maritalstatus, ethnicity,religion,age, orotherfactors.Theyprioritize fosteringahealthywork-lifebalance,supporting employeesinbalancingcareerandpersonalpursuits effectively. 2024RESOLUTIONS LORDSAUTOMATIVEPvtLtdplanstoexpanditsdealer networkto500dealers,seekingentrepreneurialpartners forlong-termgrowth.Theyaim to goglobalbysharing expertiseandco-developingproductsfor international markets.Withover30000vehiclessoldacross22states through300+dealers,LORDSAUTOMATIVEismaking stridestowardstheirgoalofhavingelectricvehicles ubiquitousacrossthecountry.Theyareparticularly popularamongSMEsfordailycommutingneeds.Their missionistoconsistentlyproducehigh-qualityelectric2- wheelersand3-wheelersthatprovideadelightful experienceforcustomersnationwide. ADVICETOREADERS Intheelectricvehicle(EV)industry,leadershipand sustainabilityrequireembracinginnovation,continuous learning,anda Buildingstrong experience,and focusonenvironmentalresponsibility. partnerships,prioritizingcustomer leadingwithintegrityareessential. Adaptability,resilience,andsmartfinancialmanagement ensurelong-termsuccesswhileinvestingintalentand contributingtothecommunityreinforcingethicalleadership anddrivinginnovation.Theseprinciplescollectivelyfoster sustainablebusinesspracticesandmeaningfulcontributions tosociety. August’24|EntrepreneurOne|35
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