tag:blogger.com,1999:blog-36495318513585800002024-03-17T00:19:35.240+05:30Kammas Worldvisit www.kammavelugu.org for more information and History of Kamma caste, kammavar, కమ్మ, కమ్మ వారు, కమ్మ నాయుడు, Kamma Naidu, Naidoo community people across the GlobeSreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.comBlogger1677125tag:blogger.com,1999:blog-3649531851358580000.post-73424479654750254882022-01-13T22:30:00.001+05:302022-01-13T22:35:28.253+05:30Gaddam Meghana elected as MP to the 10th Youth Parliament of New Zealand <p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgTLMqqIMLoCUt6_0bjwb0kbcXYKwdg4QNox6v07CxvDaA9GbkouZAPrZVWzACumcIktUcXiaNysq9uZFBnZ_WtXnGkVzeH8bV-SQ0Y2lJKXt0MJ1hpw74-OmSu-I2KMu1R8RFOSdJjqez-GFvaGi0__X2rE46ChcTg0ZUp_gvR61faQf4F8ZW7nOv9vA=s1227" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1227" data-original-width="768" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEgTLMqqIMLoCUt6_0bjwb0kbcXYKwdg4QNox6v07CxvDaA9GbkouZAPrZVWzACumcIktUcXiaNysq9uZFBnZ_WtXnGkVzeH8bV-SQ0Y2lJKXt0MJ1hpw74-OmSu-I2KMu1R8RFOSdJjqez-GFvaGi0__X2rE46ChcTg0ZUp_gvR61faQf4F8ZW7nOv9vA=s320" width="200" /></a></div><span face="pt-sans, "Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white; color: #56575b;"><span style="font-size: x-small;">Meghana Gaddam with Waikato MP Tim van de Molen at St Peter’s School in Cambridge</span></span><p></p><p><span face="pt-sans, "Helvetica Neue", Helvetica, Arial, sans-serif" style="background-color: white;"><b><span style="color: red; font-size: large;">Meghana Gaddam</span></b><span style="color: #56575b; font-size: medium;"> lives in St Kilda and is holidaying with family in India. Her parents are from Tanguturu - Prakasam District, Aandhra Pradesh.</span></span></p><p style="background-color: white; box-sizing: border-box; font-family: pt-sans, "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.5em; margin: 0px 0px 1.5em;"><span style="font-size: medium;"><b><span style="color: #660000;">She was St Peter’s School - Cambridge head girl this year </span></b><span style="color: #56575b;">and excelled through her studies and extracurricular activities including volunteering for two years at the Refugee Orientation Centre Trust in Hamilton and contributing to the Model United Nations.</span></span></p><p style="background-color: white; box-sizing: border-box; font-family: pt-sans, "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.5em; margin: 0px 0px 1.5em;"><span style="color: #4c1130; font-size: medium;"><b>As part of Meghana’s Head Girl role, her responsibilities included planning the Waipā Youth Awards, chairing the student executive and leading the prefect team.</b></span></p><p style="background-color: white; box-sizing: border-box; font-family: pt-sans, "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.5em; margin: 0px 0px 1.5em;"><span style="color: #56575b; font-size: medium;">She intends doing either a Bachelor of Property / Bachelor of Commerce in economics and finance conjoint, or a bachelor of property / bachelor of global studies in international relations and business next year, at Auckland University.</span></p><p style="background-color: white; box-sizing: border-box; font-family: pt-sans, "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.5em; margin: 0px 0px 1.5em;"><span style="color: #56575b; font-size: medium;">Van de Molen said Meghana’s four-minute video, where she gave her opinion on issues facing youth in the Waikato, was excellent and could have come straight from Parliament’s general debate.</span></p><p style="background-color: white; box-sizing: border-box; font-family: pt-sans, "Helvetica Neue", Helvetica, Arial, sans-serif; line-height: 1.5em; margin: 0px 0px 1.5em;"><span style="color: #56575b; font-size: medium;">The 10th Youth Parliament includes Youth MPs selected by each MP and a Youth Press Gallery which will report on the activities of Youth MPs and learn from the Press Gallery journalists about the key role they play.</span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-70646749019054255152022-01-07T09:12:00.003+05:302022-01-07T09:14:03.688+05:30Meghana Sabbineni selected for Women World Cup squad <p dir="ltr"><span style="font-family: georgia; font-size: medium;"><b></b></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: georgia; font-size: medium;"><b><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiV7YP211B_ByONh5sE0kOcsp4E9lQ8QROdCqHEaKPqCl-cwa8ZIPE3qsuxyD_BVmgT211Byh8F7H9xH0Dh3hozyt2BzSOGIjugdev515WIpv4mhItkegeJS5OdDViA51aUovU_D74loUAdTEAlC3ekqVPZY-yybjtNAeY9vrnGDN6kTWMZsMVGDNEvWg=s211" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="211" data-original-width="178" height="211" src="https://blogger.googleusercontent.com/img/a/AVvXsEiV7YP211B_ByONh5sE0kOcsp4E9lQ8QROdCqHEaKPqCl-cwa8ZIPE3qsuxyD_BVmgT211Byh8F7H9xH0Dh3hozyt2BzSOGIjugdev515WIpv4mhItkegeJS5OdDViA51aUovU_D74loUAdTEAlC3ekqVPZY-yybjtNAeY9vrnGDN6kTWMZsMVGDNEvWg" width="178" /></a></b></span></div><b style="font-family: georgia; font-size: large;"><span style="color: red;">Sabbineni Meghana</span><span style="color: #660000;"> from Vijayawada who currently plays for Railways. She plays primarily as a right-handed batter. So far she has appeared in 6 Twenty20 Internationals for India, and recently selected to the 2022 Women World Cup squad. </span></b><p></p><p><span style="background-color: white; color: #282828;"><span style="font-family: georgia; font-size: medium;">The T20I will be played at Napier on February 9. It will be followed by a five-match ODI series, from February 11 to 24.</span></span></p><p><span style="background-color: white; color: #282828;"><span style="font-family: georgia; font-size: medium;">India’s matches at the World Cup: v Pakistan, Tauranga, March 6; v New Zealand, Hamilton, March 10; v West Indies, Hamilton, March 12; v England, Tauranga, March 16; v Australia, Auckland, March 19; v Bangladesh, Hamilton, March 22; v South Africa, Christchurch, March 27.</span></span></p><p><span style="background-color: white;"><span style="font-family: georgia; font-size: medium;"><span style="color: #282828;">The squad for the T-20I: Harmanpreet Kaur (Capt.), Smriti Mandhana (Vice-capt.), Shafali Verma, Yastika Bhatiya, Deepti Sharma, Richa Ghosh (wk), Sneh Rana, Pooja Vastrakar, Meghna Singh, Renuka Singh, Taniya Bhatia (wk), Rajeshwari Gaykwad, Poonam Yadav, Ekta Bisht, </span><b><span style="color: red;">Sabbhineni Meghana</span></b><span style="color: #282828;"> and Simran Bahadur.</span></span></span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-53175658298681202842022-01-04T21:47:00.002+05:302022-01-04T21:47:46.616+05:30Geetika Kodali To Lead USA Women Under-19 Team <p><span style="background-color: white; font-family: Georgia, "Times New Roman", Times, serif;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjsz5zLL_gh_RPtKRSedu9JDRsyg1l6MgO0AAsnA1dMuMlRlJ5Z7xUGkf0ol_dtMuIC0KMkj49G9LxhfygkttT7l-CtU41iEN1exTiY5Sl3tNX7XulWcDjW9I9CVQahGU8fs_krokEhq6LPaYGZGYnuI3yCJJe6qWBOHMdvbCXtBQhpT2HBhMbMVkzx0A=s400" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="400" data-original-width="400" height="320" src="https://blogger.googleusercontent.com/img/a/AVvXsEjsz5zLL_gh_RPtKRSedu9JDRsyg1l6MgO0AAsnA1dMuMlRlJ5Z7xUGkf0ol_dtMuIC0KMkj49G9LxhfygkttT7l-CtU41iEN1exTiY5Sl3tNX7XulWcDjW9I9CVQahGU8fs_krokEhq6LPaYGZGYnuI3yCJJe6qWBOHMdvbCXtBQhpT2HBhMbMVkzx0A=s320" width="320" /></a></div><span style="background-color: white; font-family: Georgia, "Times New Roman", Times, serif;"><span style="color: red; font-size: large;">Geetika Kodali</span><span style="color: #353535; font-size: large;"> (Captain), </span><span style="color: #cc0000; font-size: large;">Laasya</span></span><span style="background-color: white; font-family: Georgia, "Times New Roman", Times, serif;"><span style="color: #cc0000; font-size: large;"> Mullapudi</span><span style="color: #353535; font-size: large;"> (Vice Captain)</span><span style="font-size: medium;"> <b><span style="color: #660000;">to lead </span></b></span></span><span style="background-color: white; font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, Oxygen-Sans, Ubuntu, Cantarell, "Helvetica Neue", sans-serif; font-size: large;"><b><span style="color: #660000;">USA Women Under-19 Team To St. Vincent.</span></b></span><p></p><p><span style="background-color: white; color: #353535; font-family: Georgia, "Times New Roman", Times, serif;"><span style="font-size: medium;">USA Cricket are incredibly pleased to announce a historic inaugural international tour for the USA Women’s Under 19s team as they are set to travel to the Caribbean next month to play against Windward Islands U19 Women’s team in a series of four Twenty20 matches. The Windward Islands comprise the islands of St. Vincent and the Grenadines, Grenada, St. Lucia and Dominica.</span></span></p><p><span style="background-color: white; color: #353535; font-family: Georgia, "Times New Roman", Times, serif;"><span style="font-size: medium;">In partnership with both the Windward Islands Cricket Board and the St. Vincent and the Grenadines (SVG) Cricket Association, this tour is part of the wider long-term strategic partnership that USA Cricket has with Cricket West Indies (CWI), our nearest Full Member Nation of the ICC.</span></span></p><p style="background-color: white; color: #353535; font-family: Georgia, "Times New Roman", Times, serif; margin: 0px 0px 1em; padding: 0px;"><span style="font-size: medium;">This tour is the culmination of a huge year for the Women and Girls game in the United States, with the newly launched domestic pathway, the Sistar Mortgage Women’s National Championships (Senior Women’s and Under 19) alongside the successful ICC T20 World Cup Americas Qualifier in Mexico and the recently-abandoned ICC Women’s Cricket World Cup Qualifier in Zimbabwe. The Windward Islands tour is another demonstration of the progress made on our USA Cricket Foundational Plan’s strategic focus on Women & Girls.</span></p><p style="background-color: white; color: #353535; font-family: Georgia, "Times New Roman", Times, serif; margin: 0px 0px 1em; padding: 0px;"><span style="font-size: medium;">USA Cricket Board Member and Women and Girls Committee Chair, Nadia Gruny said, “We are pleased to partner with the Windward Islands Cricket Board (WICB) and the St. Vincent and the Grenadines Cricket Association to create a T20 series that would be mutually beneficial to both our under 19 teams. In line with our recently launched plan to Shape the Future for Women & Girls in American Cricket to ‘Create increased competitive international match opportunities’, this tour will present a fantastic opportunity for some of the young talent who have stood out on our new domestic pathway this year to get international exposure and a competitive level of cricket in the Caribbean. On behalf of the board, I thank the St. Vincent and the Grenadines Government for the support of the development of women’s cricket in the region and everyone involved in helping to make this tour a reality in such a challenging time. Congratulations to all of the girls selected and we look forward to a successful tour.”</span></p><p style="background-color: white; color: #353535; font-family: Georgia, "Times New Roman", Times, serif; margin: 0px 0px 1em; padding: 0px;"><br /></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com1tag:blogger.com,1999:blog-3649531851358580000.post-86894669185629895472021-11-26T07:38:00.002+05:302021-11-26T07:38:37.502+05:30Australian Academy of Science appoints nanotechnology pioneer Chennupati Jagadish as president<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhz8N2tPp1hH4AoBFVbSAP7hK157uzKXxDW2ggru2mAhD1BvWpTU-USD0ZkAql0_0IXja6O90YebUCuo2DjJ7H0rt8P3pkH1cY-7nOHK_V_L64NQL2Q2eCkjwkqXQa_gVwMItXuNjAHUhKM/s528/r0_37_5494_3138_w576_h298_fmax.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="298" data-original-width="528" height="181" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhz8N2tPp1hH4AoBFVbSAP7hK157uzKXxDW2ggru2mAhD1BvWpTU-USD0ZkAql0_0IXja6O90YebUCuo2DjJ7H0rt8P3pkH1cY-7nOHK_V_L64NQL2Q2eCkjwkqXQa_gVwMItXuNjAHUhKM/s320/r0_37_5494_3138_w576_h298_fmax.jpg" width="320" /></a></div><b><span style="color: #660000; font-size: large;">One of the World-leading physicist and Australian National University professor </span><span style="color: red; font-size: large;">Chennupati Jagadish</span><span style="color: #660000; font-size: large;"> has been elected as the next president of the Australian Academy of Science.</span></b><p></p>
<p dir="ltr"><span style="color: #073763; font-size: medium;">The nanotechnology pioneer will be the 20th president in the national science organisation's history and the first Australian of Indian heritage appointed to the coveted position by his peers.</span></p>
<p dir="ltr"><span style="color: #073763; font-size: medium;">The role of academy president will have him champion the cause of scientific excellence while leading the organisation in providing advice to the Australian Parliament.</span></p>
<p dir="ltr"><span style="color: #073763; font-size: medium;">He will replace biochemist and molecular biologist Professor John Shine, who has held the position since 2018. The academy's home, the Shine Dome, was renamed after the outgoing professor in 2000 in recognition of a $1 million donation he made to help restore the iconic Canberra building.</span></p>
<p dir="ltr"><span style="color: #073763; font-size: medium;">Professor Jagadish takes on the role of president at the same time the academy is reporting young scientific researchers have been severely impacted by the pandemic.</span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-42708398985076812692021-11-23T07:56:00.003+05:302021-11-23T07:56:55.435+05:30Indian-American Reshma Kosaraju wins Children’s Climate Prize<p><span style="font-size: 1em;"></span></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgu2JAnzQDK930nk6I_6q9SYFiOAmYrAmeL1xNiZGa19VpWMYydqchjNPgagziECfmTAhNFqFnCVePIMjWR1cT7XEJB7yUuaVNapP3hXwOv868d9E7u-9mmQUqBookH-64pzfGFuAl942rd/s768/reshma-kosaraju-winner-ccc-1024-768x432.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="432" data-original-width="768" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgu2JAnzQDK930nk6I_6q9SYFiOAmYrAmeL1xNiZGa19VpWMYydqchjNPgagziECfmTAhNFqFnCVePIMjWR1cT7XEJB7yUuaVNapP3hXwOv868d9E7u-9mmQUqBookH-64pzfGFuAl942rd/s320/reshma-kosaraju-winner-ccc-1024-768x432.jpg" width="320" /></a></div><p></p><p><span style="font-size: 1em;"><span style="color: #20124d;">Forest fires have become a global problem, causing over 339,000 premature deaths worldwide – and threatening biodiversity by destroying animals and nature. While the world is still looking for a solution for this issue, </span><b><span style="color: red;">Reshma Kosaraju’s</span><span style="color: #660000;"> project on the uses of AI technology to predict forest fires has won her the Children’s Climate Prize, 2021. A fifteen-year-old from Saratoga, USA, Reshma’s innovative and solution-oriented approach to forest fires, a highly topical and growing global issue, made her project stand out.</span></b></span></p><p dir="ltr"><span style="font-size: 1.00em;"><span style="color: #20124d;">The Children’s Climate Prize (CCP) was started by the Swedish company Telge Energi. It’s been given every year since 2016 to a person between the ages of 12 and 17 who has made “extraordinary efforts” to improve life on the planet for children now and in the future. This year, the prize organizers report that a record number of young people from 32 different countries were nominated for the prize.</span></span></p>
<p dir="ltr"><span style="font-size: 1.00em;"><span style="color: #20124d;"> The project — AI against forest fires — can predict forest fires with almost 90 per cent accuracy. It uses open data, such as temperature, humidity, wind speed, soil moisture and human behavior to, with the help of AI, calculate where and when the probability of a forest fire occurring is greatest.</span></span></p>
<p dir="ltr"><span style="color: #20124d;"><span style="font-size: 1.00em;">Reshma hopes the Children’s Climate Prize will draw attention to her project, so that more people can become aware of the AI model’s existence. “I’m so happy and my hope is that this win will lead to more people hearing about AI against forest fires, and that it will become a universally accessible tool for predicting forest fires. I especially wish for people living in areas more prone to forest fires to be aware and make use of this project, as it could greatly improve preparedness,” she said in a note on the project.</span><br />
<span style="font-size: 1.00em;">Currently, this technology is a functioning prototype on a computer. However, the goal moving forward is to make the model publicly available in the form of an app, while heavily marketing its use within fire departments to proactively mitigate forest fires. Appreciating Reshma’s effort and brilliance, Johannes Boson, CEO of Telge Energi and Chairman of the Children’s Climate Foundation said: “The world needs Reshma’s innovation and we need to support the courageous youth who are working for a better tomorrow. We hope that the win will help boost Reshma’s hopes for the project – both financially and through the increased awareness that comes with the prize.”</span></span></p>
<p dir="ltr"><span style="color: #20124d;">This year marks the sixth edition of the Children’s Climate Prize, one of the world’s biggest international climate awards for young innovators, entrepreneurs, conservators and changemakers.</span></p>
<p dir="ltr"> </p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com1tag:blogger.com,1999:blog-3649531851358580000.post-81160853663952208982021-10-29T22:15:00.002+05:302021-10-29T22:15:24.148+05:30Megha Ganne named AJGA Rolex Player of the Year<p style="text-align: justify;"></p><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwrhm83lu01xCCHzGWEqap_kzDZOhObUYL6V6v4E5M3O7UU2fp8vNIV2lHwSV15y3MWOENmyGKj2ImyiS1MdQGMtusPoO7eop0Bkw81lJD1rJVnkatShLybzZGMsWDZk7BxwUHlIX4kshu/s886/21USWO_0603KR1_1985%257E2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="600" data-original-width="886" height="217" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhwrhm83lu01xCCHzGWEqap_kzDZOhObUYL6V6v4E5M3O7UU2fp8vNIV2lHwSV15y3MWOENmyGKj2ImyiS1MdQGMtusPoO7eop0Bkw81lJD1rJVnkatShLybzZGMsWDZk7BxwUHlIX4kshu/s320/21USWO_0603KR1_1985%257E2.jpg" width="320" /></a></div><span style="font-size: medium;"><br /></span></div><div><span style="font-size: medium;">Every time Megha Ganne teed it up in an American Junior Golf Association event in 2021, she contended. For those in the know, it came as no surprise that she also contended in one of women’s golf biggest events – the U.S. Women’s Open.</span></div>
<p dir="ltr"><span style="font-size: medium;">Ganne was hardly an unknown entering the year, having qualified for the Drive, Chip and Putt National Finals four times and advanced to the semifinals at the 2018 U.S. Women’s Amateur. But she took her game to a new level this season, especially on the junior circuit. She played in five events recognized by the Rolex AJGA Rankings without ever finishing outside the top four and has been named the AJGA’s Rolex Player of the Year. It’s the junior golf association’s highest honor for players.</span></p>
<p dir="ltr"><span style="font-size: medium;">Ganne finished T3 at the Rolex Tournament of Champions and T3 at the ANNIKA Invitational early in the AJGA season. She won the Scott Robertson Memorial, a long-running junior golf event in Virginia, before making big headlines as the 17-year-old contending at the U.S. Women’s Open at Olympic Club.</span></p>
<p dir="ltr"><span style="font-size: medium;">Ultimately, Ganne finished T14 that week for low-amateur honors.</span></p>
<p dir="ltr"><span style="font-size: medium;">The back half of her year was a whirlwind of team events. She represented the U.S. as an alternate on the victorious Curtis Cup team and was a playing member of the Ping Junior Solheim Cup team and Junior Ryder Cup team.</span></p>
<p dir="ltr"><b><span style="color: red; font-size: large;">Megha Ganne,</span><span style="color: #660000;"><span style="font-size: large;"> </span><span style="font-size: medium;">who is verbally committed to Stanford, ended the year ranked No. 1 in the Golfweek Junior Rankings and No. 22 in the World Amateur Golf Ranking.</span></span></b></p>
<p dir="ltr"><span style="font-size: medium;">Ganne and the rest of the 2021 Rolex Junior All-America Teams listed below will be honored virtually through a Rolex Junior All-America Awards celebration on Friday, Dec. 3 dubbed “The Greatest Night in Junior Golf.”</span></p><br /><p></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com2tag:blogger.com,1999:blog-3649531851358580000.post-28844586983934404132021-10-10T22:53:00.001+05:302021-10-10T23:43:29.679+05:30MAA Elections: Manchu Vishnu defeats Prakash Raj by a huge margin<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEih4D8fsvRkZQgI9sWjCjAvf8cq0OysC13WwBAGdhvPGvv7esZtniZN862UUugtd6H1U9zyzo1HIILZ2ucookGvbXlcKcIsQKrrYTBF4YTfmb-aIoVY3mklGkfVU4yGhqFbg4hEu5w3QQkB/s417/images+%252882%2529%257E2.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="417" data-original-width="384" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEih4D8fsvRkZQgI9sWjCjAvf8cq0OysC13WwBAGdhvPGvv7esZtniZN862UUugtd6H1U9zyzo1HIILZ2ucookGvbXlcKcIsQKrrYTBF4YTfmb-aIoVY3mklGkfVU4yGhqFbg4hEu5w3QQkB/s320/images+%252882%2529%257E2.jpeg" width="295" /></a></div><br /><h2 class="synopsis" itemprop="description" style="background-color: white; font-family: "Droid Serif", serif; line-height: 22px; margin: 0px; padding: 0px 0px 10px;"><span style="color: #cc0000; font-size: large;">Vishnu Manchu</span><span style="font-size: 15px;"><span style="color: #cc0000;"> </span><span style="color: #660000;">has defeated Prakash Raj in MAA elections 2021 by a huge margin.</span></span></h2><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><b><span style="color: #990000;">Actor Vishnu Manchu is the new president of the Movie Artists Association (MAA). While everyone predicted a neck-to-neck contest between Vishnu and his rival Prakash Raj, the former won the elections by a huge margin of over 107 votes</span></b></span></div><div><span style="color: #20124d;"><br /></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: #20124d;">Telugu news channels have noted that Vishnu’s father Mohan Babu played a huge role in the former’s victory. It is said that he took control of Vishnu’s campaign and threw his entire might behind him, leading him to a comfortable win.</span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: #20124d;"><br /></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><b><span style="color: #a64d79;">All the key posts in the Association won by Kamma Actors </span></b></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: #20124d;"><br /></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: red;"><b>1) President: Manchu Vishnu</b></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: red;"><b>2) General Secretary: Yerra RaghuBabu</b></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: red;"><b>3) Executive Vice President: Meka Srikanth</b></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: red;"><b>4) Vice Presidents: Madala Ravi</b></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: red;"><b>5) Maganti Benarjee </b></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: #20124d;"><br /></span></span></div><div><span style="background-color: white; font-family: "Droid Serif", serif; font-size: 18px;"><span style="color: #20124d;">Congratulations to all our members.</span></span></div><div><span style="background-color: white; color: #333333; font-family: "Droid Serif", serif; font-size: 18px;"><br /></span></div>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com1tag:blogger.com,1999:blog-3649531851358580000.post-83446809758359789062021-10-09T11:49:00.002+05:302021-10-09T11:49:45.056+05:30Kore.ai, which develops workflow automation technologies, raises $70M<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEir5PYNlfAbbcDkvN8FsAdI5sSvCVc_Ob4gNZfzOSq27iF7J9S6Q4jqpndO4oBsYyRTyGRA6RkVqH0Q3yoLpW_LHnPdGQJ02ibAW-jCF4BeFXgtxziKFFH657HosOdfu_d_5bM_qMKYRzTB/s766/images.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="400" data-original-width="766" height="167" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEir5PYNlfAbbcDkvN8FsAdI5sSvCVc_Ob4gNZfzOSq27iF7J9S6Q4jqpndO4oBsYyRTyGRA6RkVqH0Q3yoLpW_LHnPdGQJ02ibAW-jCF4BeFXgtxziKFFH657HosOdfu_d_5bM_qMKYRzTB/s320/images.png" width="320" /></a></div><b><a href="http://kore.ai/" style="color: #660000; font-family: Merriweather, serif; font-size: large;" target="_top">Kore.ai</a><span style="background-color: white; font-family: Merriweather, serif;"><span style="color: #660000; font-size: large;">, a no-code automation platform designed for enterprise applications, today announced that it raised $50 million in a series C round led by Vistara Growth and PNC with participation from Next Equity Partners, Nicola Wealth, and Beedie Capital, along with $20 million in debt from Sterling National Bank. The funds, which bring Kore’s total raised to over $100 million to date, will be put toward expanding the company’s workforce while developing new product features, according to </span><span style="color: #444444; font-size: large;">co-founder and CEO </span><span style="color: #cc0000; font-size: large;">Raj Koneru.</span></span></b><p></p><p style="background-color: white; font-family: Merriweather, serif; line-height: 1.7em; margin: 10px 0px 20px;"><span style="color: #073763; font-size: medium;">In 2015, <a href="https://www.oberlo.com/blog/artificial-intelligence-statistics" target="_top">just 10%</a> of organizations reported that they either already used automation technology or would be doing so in the near future. Fast forward to 2019, and that number <a href="https://www.gartner.com/en/newsroom/press-releases/2019-01-21-gartner-survey-shows-37-percent-of-organizations-have" target="_top">rose</a> to 37% — which means that more than one in three organizations are either using AI or have plans to do so. Indeed, <a href="https://c1.sfdcstatic.com/content/dam/web/en_us/www/documents/reports/sales/state-of-sales-3rd-ed.pdf" target="_top">according</a> to a 2019 Salesforce survey, 1 in 4 sales teams currently use AI in their day-to-day work. Another source found that revenue grew by up to 5% for four in ten marketing and sales departments after their adoption of AI.</span></p><p style="background-color: white; font-family: Merriweather, serif; line-height: 1.7em; margin: 10px 0px 20px;"><span style="color: #073763; font-size: medium;">Orlando, Florida-based Kore, which was founded in 2013, provides internal and customer-facing workflow automation tools including “purpose-built” and “domain-trained” chatbots. Kore’s conversational voice and text assistants respond to and deflect queries, offering search tools for knowledge databases, IT support manuals, and more.</span></p><p style="background-color: white; font-family: Merriweather, serif; line-height: 1.7em; margin: 10px 0px 20px;"><span style="color: #073763; font-size: medium;">Kore’s platform allows companies to design, build, test, and deploy AI-powered virtual assistants and automation solutions. Beyond this, the startup recently launched SmartAssist, a contact center product with an integrated virtual assistant, desktop console, and workspace that enables customer service agents to manage conversations.</span></p><p style="background-color: white; font-family: Merriweather, serif; line-height: 1.7em; margin: 10px 0px 20px;"><span style="color: #073763; font-size: medium;">Kore claims to have automated over a billion interactions for more than 500,000 users at companies including eBay, PNC, Roche, Airbus, AT&T, and Cigna.</span></p><p style="background-color: white; color: #231f20; font-family: Merriweather, serif; line-height: 1.7em; margin: 10px 0px 20px;"><br /></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-2975100045970526132021-10-03T12:40:00.004+05:302021-10-07T11:53:09.664+05:30List of 30 Kamma Billionaires and rankings <div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioWNEs6jq-IfrBtI8QjOyQwPtL1LB_mCS_bQzTJKBTXWlzzWB8tp0RftAMNykAHE90sPkT-xcuuGISs_c_TEWKJTr-h1CMmkCSN8E4kdPFxSWlHdDLJ2KRwjPX_tLDPDOG9jEE_Ps6YYc0/s231/download+%25285%2529.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="218" data-original-width="231" height="218" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioWNEs6jq-IfrBtI8QjOyQwPtL1LB_mCS_bQzTJKBTXWlzzWB8tp0RftAMNykAHE90sPkT-xcuuGISs_c_TEWKJTr-h1CMmkCSN8E4kdPFxSWlHdDLJ2KRwjPX_tLDPDOG9jEE_Ps6YYc0/s0/download+%25285%2529.jpeg" width="231" /></a></div><p><span style="color: #20124d;"><b><span face="Lato, sans-serif" style="background-color: white; font-size: 16px;">The IIFL Wealth Hurun India Rich List 2021 shows that India has more than 1,000 individuals who have a net worth of </span><span class="webrupee" face="Arial, Helvetica, sans-serif" style="-webkit-tap-highlight-color: rgba(0, 0, 0, 0); background-color: white; font-size: 16px; list-style-type: none; margin: 0px; outline: none; overflow-wrap: break-word; padding: 0px;">₹</span><span face="Lato, sans-serif" style="background-color: white; font-size: 16px;">1,000 crore or more across 119 cities. The cumulative wealth in the country has gone up by 51 per cent, while the average wealth has also increased by 25 per cent, the report by Hurun India said. 30 Kamma business and industrialists finds place in the list from AP, Tamilnadu, Karnataka and Maharashtra.</span></b></span></p><p><span style="color: #0c343d;"><b>14. Murali Divi Rs76,000 crores Divis Laboratories</b></span></p><p><span style="color: #0c343d;"><b>179. Venkateswarlu Jasti 9,600 crores Suven Pharma </b></span></p><p><span style="color: #0c343d;"><b>190. Veeraiah Chowdary Nannapaneni 9,100 crores NATCO Laboratories </b></span></p><p><span style="color: #0c343d;"><b>209. Chava Satyanarayana 8,400 crores Laurus Labs</b></span></p><p><span style="color: #0c343d;"><b>264. Satya Nadella 6,200 crores Microsoft</b></span></p><p><span style="color: #0c343d;"><b>368. Mandava PrabhakaraRao 4,300 crores Nuziveedu seeds</b></span></p><p><span style="color: #0c343d;"><b>377. Ella KrishnaMurthy 4,100 crores Bharat Biotech</b></span></p><p><span style="color: #0c343d;"><b>384. Doppalapudi Bhaktavatsala Rao 4000 crores Privi Speciality Chemicals</b></span></p><p><span style="color: #0c343d;"><b>398. Galla Ramachandra Naidu 3,900 crores Amara Raja Batteries </b></span></p><p><span style="color: #0c343d;"><b>398. Chinta VisveswaraRao 3,900 crores Navayuga Engineering</b></span></p><p><span style="color: #0c343d;"><b>409. Mahesh Kolli 3,800 crores Greenko group</b></span></p><p><span style="color: #0c343d;"><b>427 Bollineni Bhaskara Rao 3,600 crores KIMS Hospital</b></span></p><p><span style="color: #0c343d;"><b>433. Potru Brahmanandam 3,500 crores Devi sea foods</b></span></p><p><span style="color: #0c343d;"><b>447 Chigurupati Krishna Prasad 3,400 crores Granules India </b></span></p><p><span style="color: #0c343d;"><b>456. Reddy Veeranna, 3,300 crores Embassy office parks</b></span></p><p><span style="color: #0c343d;"><b>483. Alluri Indra Kumar 3,000 crores Avanti feeds</b></span></p><p><span style="color: #0c343d;"><b>494. Cherukuri Ramoji Rao 2,900 crores Eenadu Group</b></span></p><p><span style="color: #0c343d;"><b>518 Challa Rajendra Prasad 2,700 crores Continental Coffee</b></span></p><p><span style="color: #0c343d;"><b>528. B Soundararajan 2,600 crores Suguna foods</b></span></p><p><span style="color: #0c343d;"><b>528. GB Soundararajan 2,600 crores Suguna foods</b></span></p><p><span style="color: #0c343d;"><b>582 Jairam Varadaraj 2,300 crores Elgi Equipments</b></span></p><p><span style="color: #0c343d;"><b>602. Sreenivsan Ravi 2,200 crores Craftsman Automation </b></span></p><p><span style="color: #0c343d;"><b>661. Kondragunta Venkat Prasad 1,900 crores Sandhya Marine Foods</b></span></p><p><span style="color: #0c343d;"><b>661. Nekkanti Seetharamachandra Murthy 1,900 crores Nekkanti Sea Foods</b></span></p><p><span style="color: #0c343d;"><b>715. Karnati VenkateswaraRao 1,700 crores Kakinada SeaPorts</b></span></p><p><span style="color: #0c343d;"><b>733. Kanakamedala Mallikarjuna Vara PrasadaRao 1,600 crores KMV Projects</b></span></p><p><span style="color: #0c343d;"><b>934. G Rajendran 1,100 crores CRI Pumps</b></span></p><p><span style="color: #0c343d;"><b>956. Gude VenkateswaraRao 1,000 crores SAS Infra</b></span></p><p><span style="color: #0c343d;"><b>956. Aluru Jagadish Prasad 1,000 crores HBL Power</b></span></p><p><span style="color: #0c343d;"><b>956. Venkata Lakshmana Rao Chunduru 1,000 crores Laurus Labs</b></span></p><p><b><span style="color: #0c343d;">T</span><span style="color: #cc0000;">he list was missing some billionaires like Rajamohan Rao Potluri of UTL Group, Prasad Motaparti, Boppana SatyanarayanaRao of Sri Chaitanya Institutions, Chukkapalli Ramesh of Phoenix group, Koneru Prasad of Trimex group, Devadoss of VGN Group, Rajendra Vattikuti etc..</span></b></p><p><span style="color: #cc0000;"> </span></p><p><br /></p><p><br /></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com1tag:blogger.com,1999:blog-3649531851358580000.post-11672082443861761662021-10-01T08:44:00.003+05:302021-10-02T08:08:55.138+05:30Murali Divi Richest Hyderabad and 14th richest person in India<p></p><p dir="ltr"><b></b></p><div class="separator" style="clear: both; text-align: center;"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAIYlSEoUPdX2SUOg0NQKG4yyunjM1QiKY5Ml0NjYQTvEmWEb3V8jnvfWHETWVEdtnebn3O3nwqT5NVPV_U_iwrCgOyytE0vG7Vqiwjuzj1ExYevpRWUYEChIuNQ2FvrIjPtF0APNCBtVa/s231/download+%25285%2529.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="218" data-original-width="231" height="218" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAIYlSEoUPdX2SUOg0NQKG4yyunjM1QiKY5Ml0NjYQTvEmWEb3V8jnvfWHETWVEdtnebn3O3nwqT5NVPV_U_iwrCgOyytE0vG7Vqiwjuzj1ExYevpRWUYEChIuNQ2FvrIjPtF0APNCBtVa/s0/download+%25285%2529.jpeg" width="231" /></a></b></div><b><span style="color: red; font-size: large;">Murali Divi </span><span style="color: #660000; font-size: large;">of Divi Labs is the richest Hyderabadi and is ranked the 14th richest person in the country </span></b><span style="color: #073763; font-size: large;">with 61 per cent change in his wealth and has a wealth of Rs.79,000 crore. Divi has moved up three spots from his previous ranking of 17. His wealth has increased by 61% over a year.</span><p></p>
<p dir="ltr"><b><span style="color: #660000; font-size: medium;">Laurus Labs founder CEO </span><span style="color: red; font-size: large;">Chava Satyanarayana</span><span style="color: #660000; font-size: medium;"> was one of those who saw the biggest rank changes in the list over the last five years by moving up to 209 position this year with a wealth of Rs 8,400 crore from 218 in 2017.</span></b></p><p dir="ltr"><b><span style="color: red; font-size: large;">Veeraiah Chowdary</span><span style="color: #660000; font-size: medium;"> Chairman Natco Pharma ranks 190 in the list with a wealth of Rs.9,100 crores.</span></b><b><span style="color: #660000; font-size: medium;"> </span></b></p><p dir="ltr"><b><span style="color: #660000; font-size: medium;">Suven Pharmaceuticals promoter</span><span style="color: #660000; font-size: large;"> </span><span style="color: red; font-size: large;">Venkateswarlu Jasti </span><span style="color: #660000; font-size: medium;">& family (179) </span></b><b><span style="color: #660000; font-size: medium;">also made it to the list of top 10 new additions on the overall 2021 rich list with a wealth of Rs 9,700</span></b></p><br /><p></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-6053008483408858792021-09-27T12:33:00.004+05:302021-09-27T12:37:03.015+05:30Reshma Kosaraju from USA Finalist Children's Climate Prize 2021 <p><span face=""Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif"><span style="color: #660000; font-size: medium;"></span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="color: #660000; font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-uSysTb7iMI2K0hzYxaqZRuexa-Q-NleRMHdtOGs9nP_X_croZDk_VmL0jTeHnD5vgHhguGMoR7bzNuTsMSRMOaVxrxqMM2xW0T4rKpYYfQ8o38VY1RvIb_3on6uNPu7CVYNltlGkBcoL/s680/808x777_cmsv2_cd56f09f-b21c-57ca-86d5-6b056fd5d647-6099968.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="654" data-original-width="680" height="308" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-uSysTb7iMI2K0hzYxaqZRuexa-Q-NleRMHdtOGs9nP_X_croZDk_VmL0jTeHnD5vgHhguGMoR7bzNuTsMSRMOaVxrxqMM2xW0T4rKpYYfQ8o38VY1RvIb_3on6uNPu7CVYNltlGkBcoL/s320/808x777_cmsv2_cd56f09f-b21c-57ca-86d5-6b056fd5d647-6099968.jpg" width="320" /></a></span></div><span face=""Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif"><span style="font-size: medium;"><b style="color: #660000;"><div><span face=""Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif"><span style="color: #660000; font-size: medium;"><b><br /></b></span></span></div></b><span style="background-color: white; font-family: "Google Sans", Roboto-Medium, HelveticaNeue-Medium, "Helvetica Neue", sans-serif-medium, Arial, sans-serif;"><span style="color: #0c343d;">Stockholm, Sweden:</span></span><b><span style="color: #0c343d;"> </span></b></span></span><span face=""Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif"><span><b><span style="color: #660000; font-size: large;">15-year-old </span><span style="color: red; font-size: large;">Reshma Kosaraju </span><span style="color: #660000; font-size: large;">from Siratoga, California - US i</span></b></span></span><b style="color: #660000; font-family: "Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: large;">s applying AI in a life-saving way. She has created a model that proactively predicts forest fires using meteorological data and other parameters.</b><div><p></p><p style="font-family: "Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif;"><span style="color: #0c343d; font-size: medium;"><a href="https://www.euronews.com/green/tag/forest-fires" style="text-decoration-line: none; transition: all 0.3s ease-in-out 0s;" target="_top"><strong>Forest fires</strong></a> have been increasing in frequency and intensity over the years, directly and indirectly causing over 339,000 premature deaths worldwide.</span></p><p style="font-family: "Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif;"><span style="color: #0c343d; font-size: medium;">They result in forest degradation as they wipe out trees and vegetation, cause soil erosion - leading to secondary disasters like mudslides - and destroy the habits of many species, thereby shrinking biodiversity.</span></p><p style="font-family: "Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif;"><span style="color: #0c343d; font-size: medium;">“Reshma represents the best of youth entrepreneurship: brave, innovative and solution-oriented,” says the jury. “Her model uses AI and technology in an innovative and savvy way in order to accurately predict the risk of forest fires while also accounting for the independent variables of climate, weather and human behavior.”</span></p><p style="font-family: "Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif;"><span style="color: #0c343d; font-size: medium;">From using AI to fight deforestation, to turning football goals into trees, five talented teenagers are showing us there’s no limit to how we can re-create the world.</span></p><p style="font-family: "Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif;"><span style="color: #0c343d; font-size: medium;">The finalists of the Children’s Climate Prize have all impressed the jury with their projects, and are waiting to find out who will win SEK 100,000 for their cause on 8 November, as well as a diploma and medal.</span></p><p style="font-family: "Open Sans", "Helvetica Neue", Helvetica, Arial, sans-serif;"><span style="color: #0c343d; font-size: medium;">Each one would be a worthy winner of the award, organised by the Children’s Climate Foundation - an initiative from Swedish renewable energy company Telge Energei.</span></p></div>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com1tag:blogger.com,1999:blog-3649531851358580000.post-40793618232668751222021-09-27T08:11:00.002+05:302021-09-27T08:22:32.400+05:30Rajendra Vattikuti E & Y Entrepreneur Of The Year US National Award winner<div class="identityHeadline component section default-style col-xs-12" style="background-color: white; box-sizing: border-box; float: left; font-family: EYInterstate, sans-serif; margin-bottom: 10px; min-height: 0px; padding-left: 6px; padding-right: 6px; position: relative; width: 336px;"><div class="title"><h1 class="title-heading" style="line-height: 46px; margin: 0.67em 0px;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCpsvPJlvG3HkWaEVADXj5T8u9fdHybj27AfwScuUppz4Tq-F6gd9x_F9dqfJ8GyB4LnuXSeQBpbnebpT9BwgXIpAMHcpaWPKF4LI39l3fyepGqvtcQD0SGrveXiP97Kvd3ORMFKJLbAn2/s1200/eoy-raj-vattikuti-altimetrik.jpg.rendition.1200.800.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="800" data-original-width="1200" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCpsvPJlvG3HkWaEVADXj5T8u9fdHybj27AfwScuUppz4Tq-F6gd9x_F9dqfJ8GyB4LnuXSeQBpbnebpT9BwgXIpAMHcpaWPKF4LI39l3fyepGqvtcQD0SGrveXiP97Kvd3ORMFKJLbAn2/s320/eoy-raj-vattikuti-altimetrik.jpg.rendition.1200.800.jpg" width="320" /></a></div><br /><span style="color: #20124d; font-size: large;"><br /></span></h1><h1 class="title-heading" style="line-height: 46px; margin: 0.67em 0px;"><span style="color: #20124d; font-size: large;">Entrepreneur Of The Year US National Award winner</span></h1></div><div class="description"><div class="description-content"><h4 class="description-heading" style="line-height: 30px;"><span style="color: #cc0000; font-size: large;">Raj Vattikuti</span><span style="color: #20124d; font-size: large;"> | </span><span style="color: #990000; font-size: large;">Altimet</span></h4><h4 class="description-heading" style="line-height: 30px;"><span style="font-size: medium;"><span style="color: #2e2e38; font-weight: 300;">When Raj Vattikuti founded Altimetrik eight years ago, he set out to revamp the conventional approach to digital transformation. From his experience as a founder of several other companies, Vattikuti knew that consulting companies would too often identify a solution before they understood the problem. This approach wasted time and money, and it failed to deliver sustainable business outcomes.</span></span></h4><h4 class="description-heading" style="line-height: 30px;"><span style="font-size: medium; font-weight: normal;">Instead, Vattikuti recognized that companies would be better off by identifying the data they needed to make more informed business decisions before deploying new technology. Following this approach has helped Altimetrik grow into a global enterprise with double-digit revenue growth; more than 2,500 employees; and offices in Canada, India, Japan, Singapore and Uruguay. </span></h4><h4 class="description-heading" style="line-height: 30px;"><span style="font-weight: normal;"><span style="font-size: medium;">A serial entrepreneur and three-time Entrepreneur Of The Year Award regional winner, Vattikuti is also a strong believer in giving back. After taking one of the companies he founded public in 2001, he established the Vattikuti Foundation with his wife, Padma. The foundation has donated more than $40 million for cancer research. And when the COVID-19 pandemic began to spread earlier in 2020, the foundation kicked into high gear to donate funds for mobile COVID-19 testing centers for senior citizens and other vulnerable populations.</span></span></h4><h4 class="description-heading" style="line-height: 30px;"><span style="font-size: medium; font-weight: normal;">Vattikuti carefully vets each charity, making sure each organization will use the funds wisely. His contributions have helped to promote the use of technology to achieve better results, from robotic prostate surgeries to using state-of-the-art tools for breast cancer. </span></h4></div></div></div>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-76992868938382410442021-09-26T08:41:00.000+05:302021-09-26T08:41:03.086+05:30Jyothi Surekha Vennam wins 3 silver medals at 2021 Archery World Championships<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqIUzetqDibfW-QSO3rwplonSmHhvn-P6ShyphenhyphenA_3ppy8QG0ZCMpXz7I7QUpw2Aji72hgWgHWWbdch3zXz46umoM2pLbBfp5B7JEdCRRRWT0b7dbhbgq90Cvg1GSb-mjKmIKkgx-XHN7UG5R/s1600/1600x960_15854-indian-archer-jyoti-surekha-source-toi.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="960" data-original-width="1600" height="192" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqIUzetqDibfW-QSO3rwplonSmHhvn-P6ShyphenhyphenA_3ppy8QG0ZCMpXz7I7QUpw2Aji72hgWgHWWbdch3zXz46umoM2pLbBfp5B7JEdCRRRWT0b7dbhbgq90Cvg1GSb-mjKmIKkgx-XHN7UG5R/s320/1600x960_15854-indian-archer-jyoti-surekha-source-toi.jpg" width="320" /></a></div><span style="background-color: white; font-family: Georgia, "Times New Roman", Times, serif;"><b><span style="color: #660000; font-size: 17px;">Indian archer </span><span style="color: red; font-size: large;">Jyothi Surekha Vennam</span><span style="color: #660000; font-size: 17px;"> lost a nerve-wracking final to Colombian heavyweight Sara Lopez to clinch a silver in the compound women's individual section at the World Championships on Saturday.</span></b></span><p></p><p style="background-color: white; box-sizing: border-box; font-family: Georgia, "Times New Roman", Times, serif; font-size: 17px; line-height: 1.4;"><span style="color: #0c343d;">The 25-year-old Indian was near her best and shot a perfect final end but the five-time World Cup champion Sara was superior to clinch the issue by two points (146-144).</span></p><p style="background-color: white; box-sizing: border-box; font-family: Georgia, "Times New Roman", Times, serif; font-size: 17px; line-height: 1.4;"><span style="color: #0c343d;">Vennam has now won five medals at the Worlds, including three silvers and two bronzes. Other than the two silvers here, she won two bronzes in 2019 (compound women's team and compound individual) and a silver in 2017 (compound women's team).</span></p><p style="background-color: white; box-sizing: border-box; font-family: Georgia, "Times New Roman", Times, serif; font-size: 17px; line-height: 1.4;"><span style="color: #0c343d;">Earlier on Friday, Jyothi was a member of the Indian women's and mixed pair compound archery teams which signed off with silver medals after lop-sided losses to Colombia here.</span></p><p style="background-color: white; box-sizing: border-box; font-family: Georgia, "Times New Roman", Times, serif; font-size: 17px; line-height: 1.4;"><span style="color: #0c343d;">India were in pursuit of their first ever gold medal at the world event.</span></p><p style="background-color: white; box-sizing: border-box; font-family: Georgia, "Times New Roman", Times, serif; font-size: 17px; line-height: 1.4;"><span style="color: #0c343d;">Jyothi dished out a consistent display shooting 28, 29 and 29 in her first three ends, but the Colombian top seed opened up a two-point lead at the halfway mark, drilling in seven perfect 10s with two X (closest to the centre) from nine arrows.</span></p><p style="background-color: white; box-sizing: border-box; font-family: Georgia, "Times New Roman", Times, serif; font-size: 17px; line-height: 1.4;"><span style="color: #0c343d;">The sixth seeded Indian shot three 10s from three arrows in the final end but that was not enough as Sara wrapped up the gold medal match by two points.</span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-36155809310969159792021-09-25T14:24:00.004+05:302021-09-26T18:36:34.219+05:30Kamma UPSC toppers <div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3Q_hYzVv-uXUZrSIcxwScSigfmHS_FHn_9xFyUQNJNywZjzmJzyZhV-GUnXHaK3Q-eTBxChAvCBecNeseNQMAg8wNx_lu4AFIx0KFfTO3HSoUKEYBmi-kE40QhaxH2QtTQ7R0xgl5PB3j/s1074/IMG-20210926-WA0013%257E2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1074" data-original-width="931" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3Q_hYzVv-uXUZrSIcxwScSigfmHS_FHn_9xFyUQNJNywZjzmJzyZhV-GUnXHaK3Q-eTBxChAvCBecNeseNQMAg8wNx_lu4AFIx0KFfTO3HSoUKEYBmi-kE40QhaxH2QtTQ7R0xgl5PB3j/s320/IMG-20210926-WA0013%257E2.jpg" width="277" /></a></div><p><b><span style="color: #660000;">48 Ranker </span><span style="color: #cc0000; font-size: medium;">Nalabothula Sai Manasa</span></b></p><p><b><span style="color: #660000;">289 Ranker </span><span style="color: #cc0000; font-size: medium;">Narayan Malempati</span></b></p><p><br /></p><p><br /></p><p><br /></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com2tag:blogger.com,1999:blog-3649531851358580000.post-65506786025958389662021-09-10T12:25:00.001+05:302021-09-10T12:48:59.910+05:30Meghana Musunuri Shortlisted For Global Teacher Prize 2021<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg3ySzWvIm2p45fQG5YDyEYVwkoINhxrH-PMLK_HFcXgQLO4nJkEtlBOb2yg7wfO5asr1l-VtUHMt3gwvXibEZHq6TkeFE-ba27wWbmWSZmR9OMFtyPYf4rzeFn3fr0jVHKC9Nwgo2cZKsO/s768/Meghana-musunuri-768x430.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="430" data-original-width="768" height="179" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg3ySzWvIm2p45fQG5YDyEYVwkoINhxrH-PMLK_HFcXgQLO4nJkEtlBOb2yg7wfO5asr1l-VtUHMt3gwvXibEZHq6TkeFE-ba27wWbmWSZmR9OMFtyPYf4rzeFn3fr0jVHKC9Nwgo2cZKsO/s320/Meghana-musunuri-768x430.jpeg" width="320" /></a></div><b><span style="font-family: georgia;"><span style="color: #353535; font-size: large;">This Hyderabad-based teacher </span><span style="color: red; font-size: large;">Meghana Musunuri</span><span style="color: #353535;"><span style="font-size: large;"> </span><span style="font-size: medium;">has made it to the top 50 shortlist for this year’s USD 1,000,000 Global Teacher Prize. She teaches social studies, English and maths. Her name as a shortlist was announced on 9 September.</span></span></span></b><p></p><p style="background-color: white; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: georgia;"><span style="font-size: medium;">She is an education futurist, philanthropist and an entrepreneur. She is the founder and chairperson of Fountainhead Global School & Junior College -Hyderabad ; </span><span style="background-color: #fafcfc; color: #212529; letter-spacing: 0.5px;"><span style="font-size: medium;">Founder of conservation NGO Save Water And Nature (SWAN); CEO of My Edu Guru and a</span></span><span style="font-size: large;">lso Hyderabad Champion for Google’s Women Entrepreneurs On The Web (WEOW) working towards her mission of guiding women entrepreneurs in establishing their online presence.</span></span></p><p style="background-color: white; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: georgia; font-size: medium;">According to a <a href="https://www.deccanchronicle.com/jobs-education/100921/mahesh-pl-indicate-interview-on-p6-city-teacher-in-top-50-global-conte.html" rel="noopener" target="_blank">report</a>, she went through multiple rounds of interviews and her work was reviewed not only in the education sector but also outside it. For instance, she said that her school has worked towards reviving the Meedi Kunta Lake and that’s a significant contribution.</span></p><p style="background-color: white; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: georgia; font-size: medium;">According to Musunuri, this prize given to teachers is like giving a Nobel Prize to them.</span></p><p style="background-color: white; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: georgia; font-size: medium;">“Teachers are extremely passionate but the recognition that they get is limited. It is very important to be out there and tell the world what all you are doing and that makes the difference,” she said </span></p><p style="background-color: white; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: georgia; font-size: medium;">She is an ardent believer of the fact that a teacher should strive to handle multiple subjects. She encourages all her <a href="https://www.shethepeople.tv/top-stories/opinion/indian-teachers-deserve-break-pandemic/" target="_top">teachers</a> to teach different subjects as it leads to the evolution of their respective teaching abilities.</span></p><p style="background-color: white; margin: 0px 0px 1em; padding: 0px;"><span style="font-family: georgia; font-size: medium;">She is looking forward to be in the award category for the Top 10 finalists which will be announced next month. The winners will be chosen by the Global Teacher Prize Academy and felicitated at an award ceremony in Paris in November.</span></p><div class="inline-story-add" style="background-color: white;"><p style="margin: 0px 0px 1em; padding: 0px;"><strong><span style="font-family: georgia; font-size: medium;">The selection process</span></strong></p><p style="margin: 0px 0px 1em; padding: 0px;"><span style="font-family: georgia; font-size: medium;">Following the shortlist announcement, the top 10 finalists of the prize will be announced next month. The winners will be chosen by the Global Teacher Prize Academy and unveiled at an award ceremony in Paris in November.</span></p></div><div style="background-color: white;"><span style="font-size: medium;"><span style="font-family: georgia;">The second Indian shortlist for the award is Satyam Mishra, a mathematics teacher from Bhagalpur in Bihar</span><span style="font-family: Merriweather, Merriweather-Fallback, Times New Roman, Times, serif;">.</span></span></div>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com2tag:blogger.com,1999:blog-3649531851358580000.post-31184740529463110492021-09-04T08:24:00.003+05:302021-09-04T08:27:37.999+05:30Pharma Entrepreneur Chava Satyanarayana Joins Billionaire Ranks<p><span face="tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif" style="background-color: #fcfcfc;"></span></p><div class="separator" style="clear: both; text-align: center;"><span face="tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif" style="background-color: #fcfcfc;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_QLoIsyMu1W8qjOZcjvgSivMHTxwXsWdzJMUAk7ITP6B5UVRX6MvnFZRSbhMUf29MFD2iNiEUgoQM-_7OTUbCTE9c8UDAMlmtJioQBW8FqR996y9rxiN3ycOgDmjFvOBFRamK4Or-bTpa/s300/images+%252831%2529.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="250" data-original-width="300" height="250" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj_QLoIsyMu1W8qjOZcjvgSivMHTxwXsWdzJMUAk7ITP6B5UVRX6MvnFZRSbhMUf29MFD2iNiEUgoQM-_7OTUbCTE9c8UDAMlmtJioQBW8FqR996y9rxiN3ycOgDmjFvOBFRamK4Or-bTpa/s0/images+%252831%2529.jpeg" width="300" /></a></span></div><span face="tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif" style="background-color: #fcfcfc;"><span style="color: #0c343d; font-size: large;">India’s pharma sector, which has been in the spotlight during the pandemic, has just minted </span><b><span style="color: #990000; font-size: medium;">a new billionaire. </span><span style="color: red; font-size: large;">Satyanarayana Chava</span><span style="color: #990000; font-size: medium;">, 60, founder and CEO of the $658 million (revenue) Laurus Labs</span></b><span style="color: #0c343d; font-size: large;">—an integrated pharma and biotech company which makes everything from pharma ingredients to enzymes and proteins—saw his personal net worth cross $1.1 billion after shares of his company jumped this week. The stock has risen 176% in the past 12 months.</span></span><p></p><p><span face="tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif" style="background-color: #fcfcfc;"><span style="color: #0c343d; font-size: medium;">Laurus Labs supplies pharma ingredients for drugs to treat HIV, cancer, asthma and diabetes. The company says that one out of three HIV-infected patients in low and middle income countries are taking meds with ingredients supplied by Laurus Labs. It has marquee clients, including some of the world’s big pharma players, who buy pharma intermediates, generics and contract manufacturing research services from Laurus.</span></span></p><p><span face="tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif" style="background-color: #fcfcfc;"><b><span style="color: #660000; font-size: medium;">For the fiscal year ended March 31, 2021, the company recorded a 70% uptick in revenue and a 286% surge in net profit to 9.8 billion rupees ($135 million) buoyed by rising demand for pharma ingredients, capacity expansions and greater operational efficiencies.</span></b></span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">After spending more than two decades in the pharma business, Chava decided to set up his own venture in 2005 at age 44. He founded Laurus in his hometown of Hyderabad as a pharma R&D outfit. He pooled his savings, borrowed money from friends and family and took bank loans to raise the initial capital of 600 million rupees ($14 million).</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">Chava chose the name “Laurus” as a nod to the botanical name for a class of Mediterranean shrubs and trees as well as the Greek tradition of honoring victors with laurel wreaths. “We wanted the company to represent evergreen victory,” says Chava.</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">As for his strategy of starting off with research,“it always has to begin with R&D,” explains Chava, who still spends 25% of his time in labs. “I am a scientist at heart. I am passionate about chemistry.” He is listed as an inventor, along with others, in 145 patents granted to the company.</span></p><div class="article_paragraph_7" style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin-bottom: 0.75rem;"></div><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">Laurus now has R&D units in Hyderabad, Visakhapatnam and the U.S. as well as eight FDA-approved factories in southern India for contract manufacturing and producing active pharma ingredients and intermediaries.</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">Chava is also actively involved with the introduction of new products. “I work on what product we should we go after because that will ultimately decide how well we are doing,” says Chava, who has brought more than 50 products to market in the last 15 years.</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">Chava says he is not enamored by his billionaire status. “For me it’s just one part of life—it’s not the only thing,” he says attributing his down-to-earth approach to his modest upbringing.</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">Chava grew up in the village of Munnaluru on the banks of the river Krishna in the southern Indian state of Andhra Pradesh. (His parents still live there). He walked six miles every day to attend school in the neighboring village. Chava discovered his passion for chemistry in college, which led him to a Ph.D. in bioactive marine natural products and his initial career as a university lecturer.</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">In 1993, he took up his first corporate job as a research assistant with the erstwhile Ranbaxy Laboratories, a company that was eventually acquired by pharma billionaire Dilip Shanghvi’s Sun Pharmaceuticals. In 1995, he moved to Matrix Labs, a maker of pharma ingredients for HIV drugs, where he worked for the next decade in various divisions, eventually becoming COO. Matrix was taken over by global pharma major Mylan in 2006.</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; margin: 0.75rem 0px; padding: 0px;"><span style="color: #0c343d; font-size: medium;">Today, Chava says that his goal for 16-year-old Laurus is to retain the company’s entrepreneurial spirit. “We believe we are a startup in our thinking, action and in our speed of execution,” he says. As the company readies itself for expansion, he says the biggest challenge is people. “We have the money; we have the business but the key is in attracting, identifying, training and retaining talent,” he says. Laurus is working with local universities to design courses that are relevant for the industry.</span></p><p style="background-color: #fcfcfc; box-sizing: border-box; color: #333333; font-family: tabular-numbers, Georgia, "Droid Serif", "Times New Roman", Times, serif; font-size: 16px; margin: 0.75rem 0px; padding: 0px;"><br /></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-69814749196129280222021-08-25T20:34:00.003+05:302021-08-25T20:36:10.172+05:30Kamma boys secured top 1, 2 ranks in TS EAMCET 2021<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhppaymHr1Rgq_I4vAtmze17fgq5oHLZXPmITu8vUzd9_bkaxkzx8Unucx0TqjvLbtiXqpIzdAmDnfN5tvfcV437vHELSEOTjP9PHw_g8PHi-eMFaHlhyTbkeGbvp3KKOaW5646Og3RFrMZ/s282/Screenshot_20210825-202058%257E2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="280" data-original-width="282" height="280" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhppaymHr1Rgq_I4vAtmze17fgq5oHLZXPmITu8vUzd9_bkaxkzx8Unucx0TqjvLbtiXqpIzdAmDnfN5tvfcV437vHELSEOTjP9PHw_g8PHi-eMFaHlhyTbkeGbvp3KKOaW5646Og3RFrMZ/s0/Screenshot_20210825-202058%257E2.jpg" width="282" /></a></div><span style="color: red;"><div style="text-align: center;">Mandava Karthikeya </div></span><p></p><p><span style="font-size: 1em;"><span style="color: #0c343d;">Jawaharlal Nehru Technological University (JNTUH), Hyderabad released the TS EAMCET 2021 exam result on August 25.</span></span></p>
<p dir="ltr"><b><span style="color: red; font-size: large;">Duggineni Venkata Paneesh </span><span style="color: #660000; font-size: 1em;">has secured 2nd rank in the engineering stream and </span><span style="color: red; font-size: large;">Mandava Karthikeya</span><span style="color: #660000; font-size: 1em;"> has secured 1st rank, </span><span style="color: red; font-size: large;">Kanneganti Lasya Chowdary </span><span style="color: #660000;">got</span><span style="color: red; font-size: large;"> </span><span style="color: #660000; font-size: 16px;">7th rank</span><span style="color: #660000; font-size: 1em;"> in Telangana State EAMCET 2021 Medical stream.</span></b></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-34126800955293928522021-08-24T20:38:00.002+05:302021-08-24T20:38:57.015+05:30Shri Harish Parvathaneni appointed as the next Ambassador of India to the Federal Republic of Germany<p><span style="background-color: white;"><span style="font-family: georgia;"><b></b></span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: georgia;"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMG034HZKC23CQ_YzXVPH2bHciLOo_xEe63dSVjxwHIhkdHo-8CYHHcY5vQF6RL_mOqYQoTE3eud2PoIX4XGo0LhsckjgPb9VHnDpcrZOif1GxwPxTxtRWPfRGdRR9Bcx5oY_nYu6WxT8d/s280/P-Harish.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="280" data-original-width="250" height="280" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMG034HZKC23CQ_YzXVPH2bHciLOo_xEe63dSVjxwHIhkdHo-8CYHHcY5vQF6RL_mOqYQoTE3eud2PoIX4XGo0LhsckjgPb9VHnDpcrZOif1GxwPxTxtRWPfRGdRR9Bcx5oY_nYu6WxT8d/s0/P-Harish.jpg" width="250" /></a></b></span></div><b style="background-color: white; font-family: georgia;"><span style="color: #cc0000; font-size: large;">Shri Harish Parvathaneni </span><span style="color: #20124d; font-size: large;">(IFS: 1990), presently Additional Secretary in the Ministry, has been appointed as the next Ambassador of India to the Federal Republic of Germany.</span></b><p></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 20px; overflow-wrap: break-word;"><span style="color: #20124d; font-family: georgia; font-size: medium;">Since joining the Indian Foreign Service in 1990, he has learnt Arabic at the American University of Cairo and passed the examination with distinction.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 20px; overflow-wrap: break-word;"><span style="color: #20124d; font-family: georgia; font-size: medium;">He has served in the Indian Missions in Cairo and Riyadh and headed the Post as India's Representative to the Palestinian Authority stationed in Gaza city. He was on Secondment to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) as the Chief of the Policy Analysis Unit at UNRWA Headquarters in Gaza.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 20px; overflow-wrap: break-word;"><span style="color: #20124d; font-family: georgia; font-size: medium;">He thereafter worked in the East Asia and External Publicity Divisions in the Ministry of External Affairs. For a period of five years since 2007, Mr. Harish was the Joint Secretary and Officer on Special Duty to the Hon'ble Vice President of India and Chairman of the council of States of the Indian Parliament, Mr. M. Hamid Ansari. Mr. Harish has been the Consul General of India, Houston, USA since 30 th July 2012. Before joining as Additional Secretary (Economic Diplomacy & States), Mr. Harish was the Ambassador of India to the Socialist Republic of Vietnam from 16 th April 2016 to June 2019.</span></p><p style="background-color: white; box-sizing: border-box; margin: 0px 0px 20px; overflow-wrap: break-word;"><span style="color: #20124d; font-family: georgia; font-size: medium;">Mr Parvathaneni Harish is a gold medalist Mechanical Engineering graduate from Osmania University College of Engineering, Hyderabad and has studied at the Indian Institute of Management, Calcutta. He is married to Mrs. Parvathaneni Nandita and has two daughters, Ayushi and Amani.</span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-81971409246017128702021-08-20T12:07:00.001+05:302021-08-20T12:07:06.199+05:30South India’s tallest skyscraper to come up in Hyderabad<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvsJyEZUvM8hEzsahrIriJq-sAEzq-6uB6FCKVFL_Wj2VCQiqOlmoQMdWPy5y4Wv78qIFzYEcY9zj4wC7s_wwrB2-8NFKRD3iov7HCug2ulO4Rhzj9varsjhCpxsCwcNntPQLvOQoaiTum/s429/images+%252820%2529%257E2.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="429" data-original-width="303" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjvsJyEZUvM8hEzsahrIriJq-sAEzq-6uB6FCKVFL_Wj2VCQiqOlmoQMdWPy5y4Wv78qIFzYEcY9zj4wC7s_wwrB2-8NFKRD3iov7HCug2ulO4Rhzj9varsjhCpxsCwcNntPQLvOQoaiTum/s320/images+%252820%2529%257E2.jpeg" width="226" /></a></div><span style="font-family: georgia; font-size: large;"><b><span style="color: #4c1130;">Hyderabad-based company SAS Infra (</span><span style="color: red;">Dr. Gude VenkateswaraRao - Chairman, Rajkumar Kurra - Managing director</span><span style="color: #4c1130;">) is going to construct South India’s tallest skyscraper in the Golden Mile Layout at Kokapet.</span></b></span><p></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; box-sizing: border-box; line-height: 1.65; margin: 0px 0px 30px; outline: 0px; padding: 0px; vertical-align: baseline; word-break: break-word;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">According to sources it will be a 57-storied building. The height of the skyscraper, SAS Crown will be 228 meters.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; box-sizing: border-box; line-height: 1.65; margin: 0px 0px 30px; outline: 0px; padding: 0px; vertical-align: baseline; word-break: break-word;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">Recently, Hyderabad Metropolitan Development Authority (HMDA) issued permission for the construction of the building. Telangana Real Estate Regulatory Authority has also approved it.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; box-sizing: border-box; line-height: 1.65; margin: 0px 0px 30px; outline: 0px; padding: 0px; vertical-align: baseline; word-break: break-word;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">HMDA officials saying that permission has been granted after analyzing traffic assessments.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; box-sizing: border-box; line-height: 1.65; margin: 0px 0px 30px; outline: 0px; padding: 0px; vertical-align: baseline; word-break: break-word;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">SAS Infra’s spokes person said that the construction of the building has been started and it is expected to be completed in 2025. The building will have one apartment per floor.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; box-sizing: border-box; line-height: 1.65; margin: 0px 0px 30px; outline: 0px; padding: 0px; vertical-align: baseline; word-break: break-word;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">After the completion of the construction, it will become the tallest skyscraper in South India. Currently, a 50-storied building in Bengaluru is the tallest skyscraper in South India.</span></p><p style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; box-sizing: border-box; line-height: 1.65; margin: 0px 0px 30px; outline: 0px; padding: 0px; vertical-align: baseline; word-break: break-word;"><span style="color: #0c343d; font-family: georgia; font-size: medium;"><br /></span></p><p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 18px;"><br /></span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-5504270359234548632021-08-16T22:04:00.003+05:302021-08-16T22:04:48.623+05:30Early-stage VC Inflexor Ventures raises Rs 600-crore fund<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8TitigBM6WLO_M4p1HWS6c0sWrkhz2B7Fm8BtD3tBwUg_nzPpUinCcyg6nXrx9UwhqgW2Qw2FPYDw4qX84vLSomLv-_YNZCk4NU30kblggjN0Z37WkIoer483Hdm8tZ7qv1_VRvWe1n-e/s200/images+%252819%2529.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="200" data-original-width="200" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8TitigBM6WLO_M4p1HWS6c0sWrkhz2B7Fm8BtD3tBwUg_nzPpUinCcyg6nXrx9UwhqgW2Qw2FPYDw4qX84vLSomLv-_YNZCk4NU30kblggjN0Z37WkIoer483Hdm8tZ7qv1_VRvWe1n-e/s0/images+%252819%2529.jpeg" width="200" /></a></div><b><span style="color: #660000;"><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">Early-stage tech-focused </span><a class="semibold blue" href="https://m.economictimes.com/topic/venture-capital" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">venture capital</a><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"> fund </span><a class="semibold blue" href="https://m.economictimes.com/topic/Inflexor-Ventures" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">Inflexor Ventures</a><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"> has raised Rs 600 crore towards the final close of its new fund, driven by oversubscription from homegrown institutional investors.</span></span></b><p></p><span style="color: #2b00fe;"><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">The total fundraise has exceeded its initial target of Rs 500 crore and includes a green shoe option of Rs 100 crore, senior fund officials said.</span></span><div><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><span style="color: #2b00fe;"><br /></span></span></div><div><span style="color: #2b00fe;"><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">Inflexor joins a bevy of rupee funds that have raised capital from domestic investors in the recent past. </span><a class="semibold blue" href="https://m.economictimes.com/topic/SBICAP" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-family: Faustina, sans-sarif; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">SBICAP</a><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"> Ventures, </span><a class="semibold blue" href="https://m.economictimes.com/topic/SIDBI" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-family: Faustina, sans-sarif; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">SIDBI</a><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"> (from Fund of Funds for Startups), Suman Kant Munjal’s family office Survam and other family offices and ultra HNIs have also invested in the new fund.</span></span></div><div><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><span style="color: #2b00fe;"><br /></span></span></div><div><span style="color: #2b00fe;"><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">Launched in early 2020, </span><a class="semibold blue" href="https://m.economictimes.com/topic/Inflexor-Technology-Fund" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-family: Faustina, sans-sarif; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">Inflexor Technology Fund</a><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"> takes small bets on startups leveraging deeptech, technology IP, innovation in areas like AI-ML, Industry 4.0, AR, VR, Big Data, Robotics, Cybersecurity, Blockchain and SpaceTech among others, the fund said.</span></span></div><div><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><span style="color: #2b00fe;"><br /></span></span></div><div><span style="background-color: white; color: #2b00fe; font-family: Faustina, sans-sarif; font-size: 20.002px;">It will look to invest in pre-Series A to Series B rounds with initial cheques ranging from Rs 5 crore to Rs 20 crore. It will also double down investments in winner portfolio companies.</span><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><b><span style="color: #990000;">The fund raised Rs 230 crore towards its first close in August last year.</span></b></span></div><div><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><b><span style="color: #990000;"><br /></span></b></span></div><div><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><b><span style="color: #990000;">The fund intends to invest in around 25 startups over the next 3-4 year</span></b><span style="color: #2b00fe;"> </span><span style="color: #990000;"><b>period</b></span><span style="color: #2b00fe;">.</span></span><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif;"><b><span style="color: red;"><span style="font-size: 20.002px;">Founded in 2019 by </span><span style="font-size: large;">Venkat Vallabhaneni</span> </span></b><span style="color: #2b00fe; font-size: 20.002px;">and Jatin Desai, Inflexor Ventures has so far invested in four startups from its fund:</span></span></div><div><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><span style="color: #2b00fe;"><br /></span></span></div><div><ul style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; list-style: none; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><li style="background: transparent; list-style-type: none; margin: 0px 0px 15px 30px; outline: 0px; padding: 0px; text-indent: -23px; vertical-align: baseline;"><span style="color: #2b00fe;">Steradian, which develops AI-based surveillance systems for autonomous vehicles</span></li><li style="background: transparent; list-style-type: none; margin: 0px 0px 15px 30px; outline: 0px; padding: 0px; text-indent: -23px; vertical-align: baseline;"><span style="color: #2b00fe;">PlayShifu, which makes augmented reality-based education technology toys</span></li><li style="background: transparent; list-style-type: none; margin: 0px 0px 15px 30px; outline: 0px; padding: 0px; text-indent: -23px; vertical-align: baseline;"><span style="color: #2b00fe;">Vitra.ai, an AI-ML-based content translation platform</span></li><li style="background: transparent; list-style-type: none; margin: 0px 0px 15px 30px; outline: 0px; padding: 0px; text-indent: -23px; vertical-align: baseline;"><span style="color: #2b00fe;">Kale Logistics, an AI- and blockchain-enabled logistics tech company</span></li></ul><span style="color: #2b00fe;"><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">The fund is also working on 2-3 other late-stage deals, which are likely to be announced soon. “We look to invest in seven to eight companies each year,” said Vallabhaneni.</span><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">“We started the fundraise during the first wave of Covid-19 last year and did the final close during the second wave. Despite the tough conditions, we are happy that we exceeded our domestic fund corpus target,” Vallabhaneni and Desai said in a joint statement.</span><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">“While the pandemic posed serious challenges globally, it has also acted as a catalyst for technology-based automation and digitization efforts around the globe, and we hope to invest in startups that will benefit from this trend that was underway even before the onset of the pandemic,” they added.</span><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">This is Vallabhaneni and Desai’s second venture together. They launched their first fund, Parampara, in 2015 and invested in 12 startups including </span><a class="semibold blue" href="https://m.economictimes.com/topic/PlayShifu" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-family: Faustina, sans-sarif; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">PlayShifu</a><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">, Atomberg, Entropik, Bellatrix and Cloudsek.</span><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">Funds backing early-stage startups are finding more takers among domestic institutional investors and family offices. From seed-angel funds to Special Opportunities and Distress funds, domestic investors deploying rupee capital have significantly more exposure to startups today. Not only has the bouquet of investments broadened, but fund sizes have also been inching up.</span><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-family: Faustina, sans-sarif; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;">Funds such as Alteria Capital, Trifecta Capital, IIFL Special Opportunities Fund, Edelweiss Alternative Advisors and Tata Capital are among those that have either closed their capital raising or in the market to raise large rupee funds.</span></span></div><div><span style="background-color: white; font-family: Faustina, sans-sarif; font-size: 20.002px;"><br /></span></div>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-62966850692141717512021-08-11T22:47:00.002+05:302021-08-11T22:47:54.687+05:30Crypto Platform FalconX Quintuples Valuation to $3.75 Billion<p><span style="font-family: georgia;"><b></b></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-family: georgia;"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidaGkTYwP5pYvt-3Ia9LpoV8xtL_gvg_yEgr-xV3Q0v26VgLOGwl6By-ZKmK3sp03cYJW6JOI4Uda5pMxhc-zOksnmdVFfz60Kdkg-MbwC7GWiPjfaNW5yjBEkAoYUhw_KgyYsTcI1y3cX/s656/images+%252818%2529.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="656" data-original-width="468" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidaGkTYwP5pYvt-3Ia9LpoV8xtL_gvg_yEgr-xV3Q0v26VgLOGwl6By-ZKmK3sp03cYJW6JOI4Uda5pMxhc-zOksnmdVFfz60Kdkg-MbwC7GWiPjfaNW5yjBEkAoYUhw_KgyYsTcI1y3cX/s320/images+%252818%2529.jpeg" width="228" /></a></b></span></div><p></p><p><span style="font-family: georgia;"><b><span style="color: #660000; font-size: large;">FalconX, a cryptocurrency and digital-asset trading platform, has more than quintupled its valuation in five months to $3.75 billion, </span><span style="color: red;"><span style="font-size: large;">founder and Chief</span><span style="font-size: large;"> </span></span><span style="font-size: medium;"><span style="color: red;">Executive Officer</span> </span><span style="color: #cc0000; font-size: large;">Raghu Yarlagadda</span><span style="color: #660000; font-size: large;"> said in an interview</span></b><span style="color: #0c343d; font-size: large;">.</span></span></p><div class="primary-typeface story-element-text" style="line-height: 24px; margin: 15px 0px;"><p style="line-height: 30px;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">The San Mateo, California-based startup raised $210 million in a funding round led by Altimeter Capital, Sapphire Ventures, B Capital Group and Tiger Global Management, he said. Amex Ventures, an arm of American Express Co., and Mirae Asset also participated.</span></p><div class="primary-typeface story-element-text" style="line-height: 24px; margin: 15px 0px;"><p style="line-height: 30px;"><span style="color: #990000; font-family: georgia; font-size: medium;"><b>The company, which has been profitable for roughly a year, saw its revenue grow by a multiple of 30 times in the 12 months to June 30, Yarlagadda said, </b></span><span style="color: #0c343d; font-family: georgia; font-size: medium;">declining to provide specifics. He said investors established conviction around the company in part due to its growth trajectory and gross margin profile of close to 80%, a similar level to some enterprise software companies.</span></p></div><div class="primary-typeface story-element-text" style="line-height: 24px; margin: 15px 0px;"><p style="line-height: 30px;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">“We’re excited to back a market leader in an industry in the early innings of strong secular growth,” Altimeter Capital founder and CEO Brad Gerstner said in an emailed statement. “FalconX’s product velocity and pace of innovation is remarkable and we believe will play an important role in the future of financial and crypto market infrastructure.”</span></p></div><div class="primary-typeface story-element-text" style="line-height: 24px; margin: 15px 0px;"><p style="line-height: 30px;"><span style="font-family: georgia; font-size: medium;"><b><span style="color: #990000;">The company’s customer-triggered monthly transaction volume has reached over $10 billion, Yarlagadda said. </span></b><span style="color: #0c343d;">FalconX is able to provide clients -- including hedge funds, venture funds and payment providers -- with more reliable pricing due to its connectivity with over 100 venues, including cryptocurrency exchanges like Coinbase and FTX, proprietary trading firms and OTC desks, he said.</span></span></p></div><div class="primary-typeface story-element-text" style="line-height: 24px; margin: 15px 0px;"><p style="line-height: 30px;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">Yarlagadda said FalconX will spend its fresh funding on scaling up, including by hiring staff to further build its technical infrastructure, global expansion -- especially in Asia -- and launching products inspired by customer requests such as a delayed settlement product, which allows institutions to settle in 20 business days. FalconX doesn’t itself take on exposure to market movements by over-collateralizing loans and reserving the right to liquidate positions, he said.</span></p></div><div class="primary-typeface story-element-text" style="line-height: 24px; margin: 15px 0px;"><p style="line-height: 30px;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">“As institutional investors continue entering the cryptocurrency market, FalconX has significantly scaled its business and product lines to meet their needs,” Scott Shleifer, a partner at Tiger Global Management, said in an emailed statement. “We’re excited to double down on the leading one-stop-shop for institutional trading, credit and clearing,” he said, referencing Tiger’s backing of FalconX earlier this year at a <a href="https://www.bloomberg.com/news/articles/2021-03-11/tiger-invests-in-crypto-platform-falconx-valued-at-675-million" style="line-height: 1; text-decoration-line: none;" target="_top">$675 million</a> valuation.</span></p></div><div class="primary-typeface story-element-text" style="line-height: 24px; margin: 15px 0px;"><p style="line-height: 30px;"><span style="color: #0c343d; font-family: georgia; font-size: medium;">FalconX’s existing investors include Coinbase Ventures, Accel, Lightspeed Venture Partners and Avon Ventures, which is affiliated with FMR LLC, the parent of Fidelity Investments. Its clients include Galois Capital, QCP Capital, Hehmeyer and Three Arrows Capital, its website shows.</span></p></div></div>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-28597860912417670822021-08-04T16:05:00.005+05:302021-08-04T19:23:00.293+05:30Munirathna Naidu sworn in as the new Minister of Karnataka<p><span style="background-color: white;"><span style="font-family: georgia;"><b><span></span></b></span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="background-color: white;"><span style="font-family: georgia;"><b><span><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5oTIZ4Y6TM9PrMS5t4F06SNFbhY6ZEIjx6-43ceHlEn0lo19wa4hmRjYNq_7uPoEQztXTU4aiukESM3h409Qb7WgwLToWFi22ppwEmNs08Ob8irYkNPCCh_P6-gFwKcZ70p8IrL_rmYpM/s501/94186mceclip22%257E2.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="403" data-original-width="501" height="257" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh5oTIZ4Y6TM9PrMS5t4F06SNFbhY6ZEIjx6-43ceHlEn0lo19wa4hmRjYNq_7uPoEQztXTU4aiukESM3h409Qb7WgwLToWFi22ppwEmNs08Ob8irYkNPCCh_P6-gFwKcZ70p8IrL_rmYpM/s320/94186mceclip22%257E2.png" width="320" /></a></span></b></span></span></div><span style="background-color: white;"><span style="font-family: georgia;"><b><span><span style="color: #660000; font-size: large;">4 August 2021: </span><span style="color: red; font-size: large;">Maanyam </span></span><span style="color: red; font-size: large;">Munirathna Naidu</span><span style="color: #660000; font-size: large;"> takes oath of office today as Cabinet Minister of Karnataka</span></b></span></span><p></p><p><span style="background-color: white;"><span style="color: #2b00fe; font-family: georgia; font-size: medium;">Munirathna Naidu is a two-time MLA from Raja Rajeswari Nagar and is a migrant BJP leader from Congress party. He represents the Kamma community that falls under OBC quota in Karnataka. He is a Yediyurappa loyalist.</span></span></p><p><span style="color: #2b00fe; font-family: georgia; font-size: medium;"><b style="background: none rgb(255, 255, 255); border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Munirathna Naidu</b><span style="background-color: white;">, commonly known as </span><b style="background: none rgb(255, 255, 255); border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Munirathna</b><span style="background-color: white;">, is an Indian film producer turned politician</span><span style="background-color: white;"> from </span><a href="https://en.m.wikipedia.org/wiki/Karnataka" style="background: none rgb(255, 255, 255); border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" title="Karnataka">Karnataka</a><span style="background-color: white;"> and a member of the </span><a class="mw-redirect" href="https://en.m.wikipedia.org/wiki/BJP" style="background: none rgb(255, 255, 255); border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" title="BJP">BJ</a>P.<span style="background-color: white;"> He elected as a member of the Legislative Assembly of Karnataka from </span><a class="mw-redirect" href="https://en.m.wikipedia.org/wiki/Rajarajeshwari_Nagar" style="background: none rgb(255, 255, 255); border: 0px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" title="Rajarajeshwari Nagar">Rajarajeshwari Nagar</a><span style="background-color: white;"> in the year 2013,2018 & 2020. </span><span style="background-color: white;">He resigned from the Assembly in July 2019. </span><span style="background-color: white;">Munirathna Naidu won the Raja Rajeshwari Nagar bye-elections by a huge margin of 57,936 votes. </span></span></p><p><span style="background-color: white; color: #3b3b3b; font-family: Georgia, "Times New Roman", Times, serif; font-size: 16px;"><br /></span></p><p><span style="background-color: white; font-family: "Noto Sans"; font-size: 14px;"><br /></span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-59156939591092279302021-07-28T20:36:00.003+05:302021-07-28T20:37:20.232+05:30Bhaskar Sunkara (31) in the list of Fortune 40 Under 40 Government and Politics<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhycNjJ7glXPqp0dXqxWv3HWJsLgQNlX7bFxaHhSOLsOjH5wyl_Qs1Qq3MAN-GPmEd4UOaa3JDbsnrdbRTK2RmyoDkgMs8S0sPEZqNnk3B9eV7kX1LbJIwMH-kV8CQKYk_nC3F6wpeRRSWu/s850/40_Government_Shankara-1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="566" data-original-width="850" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhycNjJ7glXPqp0dXqxWv3HWJsLgQNlX7bFxaHhSOLsOjH5wyl_Qs1Qq3MAN-GPmEd4UOaa3JDbsnrdbRTK2RmyoDkgMs8S0sPEZqNnk3B9eV7kX1LbJIwMH-kV8CQKYk_nC3F6wpeRRSWu/s320/40_Government_Shankara-1.jpg" width="320" /></a></div><span style="background-color: white; color: #2b00fe; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;">The majority of Americans probably haven’t heard of</span><span style="background-color: white; color: #2b00fe; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;"> </span><em style="border: 0px; box-sizing: border-box; color: #2b00fe; font-family: inherit; font-size: inherit; font-stretch: inherit; font-variant: inherit; font-weight: inherit; letter-spacing: 0.56px; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Jacobin</em><span style="background-color: white; color: #2b00fe; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;"> </span><span style="background-color: white; font-family: Georgia, "Times New Roman", sans-serif; letter-spacing: 0.56px;"><span style="color: #2b00fe; font-size: 18px;">magazine, but the leading leftist publication holds great political influence among the growing progressive sect of the Democratic Party. The publication, which examines current events and culture from a socialist slant, has a current print run of 60,000 subscribers per issue and about 2 million website views per month. The magazine’s popularity is no accident: Its trajectory has grown alongside the Democratic Socialist movement, ushered in by celebrity politicians like senator Bernie Sanders and congresswoman Alexandria Ocasio-Cortez, but </span><b><span style="color: #660000; font-size: 18px;">founder and publisher, </span><span style="color: red; font-size: large;">Bhaskar Sunkara</span><span style="color: #660000; font-size: 18px;">, has been honing the look and editorial direction since its launch in 2010. At 12 years old Sunkara was reading Leon Trotsky and the</span></b></span><b><span style="color: #660000;"><span style="background-color: white; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;"> </span><em style="border: 0px; box-sizing: border-box; font-family: inherit; font-size: inherit; font-stretch: inherit; font-variant: inherit; letter-spacing: 0.56px; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">New Left Review</em><span style="background-color: white; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;">, and by 17, he was editor of The Activist, the youth blog for the Democratic Socialists of America. A few years later, he launched</span><span style="background-color: white; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;"> </span><em style="border: 0px; box-sizing: border-box; font-family: inherit; font-size: inherit; font-stretch: inherit; font-variant: inherit; letter-spacing: 0.56px; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Jacobin</em><span style="background-color: white; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;"> </span><span style="background-color: white; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; letter-spacing: 0.56px;">while he was still a student at George Washington University.</span></span></b><p></p><p style="background-color: white; border: 0px; box-sizing: border-box; font-family: Georgia, "Times New Roman", sans-serif; font-size: 18px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; letter-spacing: 0.56px; line-height: 1.575rem; margin: 1rem; padding: 0px; vertical-align: baseline;"><span style="color: #2b00fe;">Today, <em style="border: 0px; box-sizing: border-box; font-family: inherit; font-size: inherit; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;">Jacobin</em> has an international affiliate in Italy and its own book-publishing arm, hosts video content, and features the work of thinkers like Slavoj Žižek, Kareem Abdul-Jabbar, and Jeremy Corbyn.</span></p>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-48480461238434073132021-07-28T19:51:00.004+05:302021-07-28T19:53:25.683+05:30Stayflexi raises $1.6m in seed round funding<p><strong style="background-color: white; border: 0px; box-sizing: border-box; font-family: inherit; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"></strong></p><div class="separator" style="clear: both; text-align: center;"><strong style="background-color: white; border: 0px; box-sizing: border-box; font-family: inherit; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhi9xe-1fFnxJXabgA4SjqsuJRilVzadTi950T6pU8LHYUW9r0gtftr6bOCBJGVq0jCrMFI9bPAfumoLbjYFTROUupK_yY8GEEBTkvf4GYxh5jaH83irDmMZiez79FD5sy85C0AJWfDeXg9/s256/images+%252814%2529.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="256" data-original-width="256" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhi9xe-1fFnxJXabgA4SjqsuJRilVzadTi950T6pU8LHYUW9r0gtftr6bOCBJGVq0jCrMFI9bPAfumoLbjYFTROUupK_yY8GEEBTkvf4GYxh5jaH83irDmMZiez79FD5sy85C0AJWfDeXg9/s0/images+%252814%2529.jpeg" /></a></strong></div><strong style="background-color: white; border: 0px; box-sizing: border-box; font-family: inherit; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><strong style="border: 0px; box-sizing: border-box; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="color: #2b00fe;">California-based hotel and <a href="https://business.stayflexi.com/" rel="noopener noreferrer" style="border: 0px; box-sizing: border-box; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; transition: all 0.3s ease 0s; vertical-align: baseline;" target="_blank">vacation rental software startup</a>, Stayflexi, has announced that it has raised $1.6 million in a seed funding round.</span></strong></strong><p></p><section class="elementor-section elementor-top-section elementor-element elementor-element-1f64596 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-element_type="section" data-id="1f64596" style="background-color: white; box-sizing: border-box; font-family: Merriweather, serif; font-size: 16px; position: relative;"><div class="elementor-container elementor-column-gap-default" style="border: 0px; box-sizing: border-box; display: flex; flex-wrap: wrap; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px auto; max-width: 767px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline;"><div class="elementor-row" style="border: 0px; box-sizing: border-box; display: flex; flex-wrap: wrap; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px -10px; outline: 0px; padding: 0px; vertical-align: baseline; width: calc(100% + 20px);"><div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d28eef5" data-element_type="column" data-id="d28eef5" style="border: 0px; box-sizing: border-box; display: flex; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; min-height: 1px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline; width: 318.242px;"><div class="elementor-column-wrap elementor-element-populated" style="border: 0px; box-sizing: border-box; display: flex; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline; width: 318.242px;"><div class="elementor-widget-wrap" style="align-content: flex-start; border: 0px; box-sizing: border-box; flex-wrap: wrap; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline; width: 318.242px;"><div class="elementor-element elementor-element-5c54fa7 elementor-widget elementor-widget-text-editor" data-element_type="widget" data-id="5c54fa7" data-widget_type="text-editor.default" style="border: 0px; box-sizing: border-box; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: var( --e-global-typography-text-font-weight ); line-height: inherit; margin: 0px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline; width: 318.242px;"><div class="elementor-widget-container" style="border: 0px; box-sizing: border-box; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; transition: background 0.3s ease 0s, border 0.3s ease 0s, border-radius 0.3s ease 0s, box-shadow 0.3s ease 0s, -webkit-border-radius 0.3s ease 0s, -webkit-box-shadow 0.3s ease 0s; vertical-align: baseline;"><div class="elementor-text-editor elementor-clearfix" style="border: 0px; box-sizing: border-box; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><section class="elementor-section elementor-top-section elementor-element elementor-element-fe77743 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-element_type="section" data-id="fe77743" style="box-sizing: border-box; position: relative;"><div class="elementor-container elementor-column-gap-default" style="border: 0px; box-sizing: border-box; display: flex; flex-wrap: wrap; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px auto; max-width: 767px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline;"><section class="elementor-section elementor-top-section elementor-element elementor-element-ca92098 elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-element_type="section" data-id="ca92098" style="box-sizing: border-box; position: relative;"><div class="elementor-container elementor-column-gap-default" style="border: 0px; box-sizing: border-box; display: flex; flex-wrap: wrap; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px auto; max-width: 767px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline;"><div class="elementor-row" style="border: 0px; box-sizing: border-box; display: flex; flex-wrap: wrap; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px -10px; outline: 0px; padding: 0px; vertical-align: baseline; width: calc(100% + 20px);"><div class="elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7fd4aef" data-element_type="column" data-id="7fd4aef" style="border: 0px; box-sizing: border-box; display: flex; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; min-height: 1px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline; width: 338.242px;"><div class="elementor-column-wrap elementor-element-populated" style="border: 0px; box-sizing: border-box; display: flex; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline; width: 338.242px;"><div class="elementor-widget-wrap" style="align-content: flex-start; border: 0px; box-sizing: border-box; flex-wrap: wrap; font-family: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; position: relative; vertical-align: baseline; width: 338.242px;"><p style="border: 0px; box-sizing: border-box; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: 1.6; margin: 0px 0px 15px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="color: #2b00fe;">The proptech SaaS startup, which claims to already be profitable in more than 100 cities around the world, has received investment from Y Combinator, as well as the likes of Agya Ventures, BlueField Capital, Asymmetry Ventures, Good New Ventures, and a number of unnamed individuals.</span></p><p style="border: 0px; box-sizing: border-box; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: 1.6; margin: 0px 0px 15px; outline: 0px; padding: 0px; vertical-align: baseline;"><span><b><span style="color: red;">Founded in 2018 by Venkatesh Sakamuri,</span></b><span style="color: #2b00fe; font-weight: inherit;"> Stayflexi automates check-in, check-out and other interactions with guests to create the most customised services possible, in both vacation rental properties and boutique hotels. The company’s proprietary software is designed to automatically establish up-selling opportunities for property owners and managers, including room reservations, hands-free check-ins and contact-free payments.</span></span></p><p style="border: 0px; box-sizing: border-box; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: 1.6; margin: 0px 0px 15px; outline: 0px; padding: 0px; vertical-align: baseline;"><span><b><span style="color: red;">CEO Venkatesh Sakamuri</span></b><span style="color: #2b00fe; font-weight: inherit;"> said that fixed check-in and check-out times had been an ongoing issue within the hotel industry and that Stayflexi would be incorporating flexible check-in and check-out times to fill vacant rooms and cater to the surge in travel demand.</span></span></p><p style="border: 0px; box-sizing: border-box; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: 1.6; margin: 0px 0px 15px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="color: #2b00fe;">"The supply side is the problem — the system and the processes of running a hotel. There has to be a fundamental change. That’s how we decided to create an operating system.”</span></p><p style="border: 0px; box-sizing: border-box; font-size: 15px; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: 1.6; margin: 0px 0px 15px; outline: 0px; padding: 0px; vertical-align: baseline;"><span style="color: #2b00fe;">In the space of three years, Stayflexi has sourced 15,000 rooms in six countries and accumulated more than 3000 room bookings across 740 hotels on average every day. The company now aims to be managing 15,000 properties by 2024 and 85,000 by 2027 as part of its ambitious growth strategy.</span></p></div></div></div></div></div></section></div></section></div></div></div></div></div></div></div></div></section>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0tag:blogger.com,1999:blog-3649531851358580000.post-49259859611459735962021-07-28T18:51:00.003+05:302021-07-28T18:51:31.841+05:30Outplay gets $7.3-million Series A funding from Sequoia India<p><span style="color: #2b00fe; font-family: georgia;"></span></p><div class="separator" style="clear: both; text-align: center;"><span style="color: #2b00fe; font-family: georgia;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijCjNBRiIq0uV6Fqg6tAM9QfjZmWzJ1EFQnCHFsHF3SdOmFVBDcApkiUuDIZ2Ol2E2HkbVsMKCBi4TEA989oiCSaQN__KhvaZKniwIqn4cAjwJEQBXfZUgTar_VdsbtHohzV_buu17g3J6/s545/images+%252810%2529%257E2.jpeg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="389" data-original-width="545" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijCjNBRiIq0uV6Fqg6tAM9QfjZmWzJ1EFQnCHFsHF3SdOmFVBDcApkiUuDIZ2Ol2E2HkbVsMKCBi4TEA989oiCSaQN__KhvaZKniwIqn4cAjwJEQBXfZUgTar_VdsbtHohzV_buu17g3J6/s320/images+%252810%2529%257E2.jpeg" width="320" /></a></span></div><strong style="background: rgb(255, 255, 255); color: #2b00fe; font-family: georgia; font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Bengaluru:</strong><span style="background-color: white; color: #2b00fe; font-family: georgia; font-size: 20.002px;"> </span><a class="semibold blue" href="https://m.economictimes.com/topic/Outplay" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-family: georgia; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">Outplay</a><span style="background-color: white; color: #2b00fe; font-family: georgia; font-size: 20.002px;"> has raised $7.3 million from Sequoia Capital India in its Series A round, as the sales engagement platform looks to ride the tailwind of digitisation of outbound sales due to the Covid-19 pandemic.</span><p></p><span style="background-color: white;"><b><span style="font-family: georgia;"><span style="color: #660000; font-size: 20.002px;">Founded in 2018 and launched in the subsequent year by twin brothers </span><span style="color: red; font-size: large;">Ram and Laxman Papineni,</span><span style="color: #660000; font-size: 20.002px;"> Outplay helps automate and personalise sales calls and brings conversations from multiple channels such as email, phone, SMS, LinkedIn, Twitter and chat into a single interface.</span></span></b></span><div><span style="color: #2b00fe; font-family: georgia;"><br /></span></div><div><span style="color: #2b00fe; font-family: georgia;"><span style="background-color: white; font-size: 20.002px;">“Outbound sales teams are truly the dark horse of the sales organisation—the targets are high, but the methods aren’t scientific,” Outplay’s chief executive officer </span><a class="semibold blue" href="https://m.economictimes.com/topic/Laxman-Papineni" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">Laxman Papineni</a><span style="background-color: white; font-size: 20.002px;"> said. “Outplay is committed to making outbound outreach data-driven, so that sales teams are talking only to the warmest prospects at any given point across multiple channels, optimising time and resources.”</span></span></div><div><span style="color: #2b00fe; font-family: georgia;"><span style="font-size: 20.002px;"><br /></span></span><div><span style="color: #2b00fe; font-family: georgia;"><span style="background-color: white; font-size: 20.002px;">The startup has seen its revenue grow four times and team size treble in the four months since </span><a href="https://economictimes.indiatimes.com/tech/funding/outplay-raises-2-million-in-funding-from-sequoias-surge/articleshow/81310017.cms" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_top">it raised $2 million</a><span style="background-color: white; font-size: 20.002px;"> seed capital from </span><a class="semibold blue" href="https://m.economictimes.com/topic/Sequoia-India" style="background: rgb(255, 255, 255); border-bottom: 1px solid; font-size: 20.002px; font-weight: 600; margin: 0px; outline: 0px; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">Sequoia India</a><span style="background-color: white; font-size: 20.002px;">’s Surge accelerator programme, of which it was a part.</span></span></div><div><span style="background-color: white; font-size: 20.002px;"><span style="color: #2b00fe; font-family: georgia;"><br /></span></span></div></div><div><span style="color: #2b00fe; font-family: georgia;"><span style="background-color: white; font-size: 20.002px;">Customers have been able to qualify prospects faster and grow their sales pipeline by 300% using its tool alongside inbound chat, it said.</span><br style="background: rgb(255, 255, 255); font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><br style="background: rgb(255, 255, 255); font-size: 20.002px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;" /><span style="background-color: white; font-size: 20.002px;">“Outbound sales needs are evolving rapidly, and reps now need personalized, automated and contextual tools to drive sales which Outplay is successfully enabling,” said Harshjit Sethi, principal at Sequoia India. “Sales reps spend an average of four hours per day on Outplay, demonstrating the effectiveness of the product which has category-leading customer reviews.”</span></span></div>Sreenivasa Chakravarthy Kanakamedalahttp://www.blogger.com/profile/02518770044209505844noreply@blogger.com0