The 10 Indian Blockchain Startup To Watch Out In 2019

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VOL 8

T H E

August-2019

ISSUE 1

INDIAN

BLOCKCHAIN

STARTUP

Rajesh Soni Vice President

TO WATCH OUT IN 2019

Mukesh Singh President

Manoj Soni Chairman & MD

Editor

From the

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A Deeper Dive into the World of Blockchain Technology

ith each passing day, the blockchain technology is spreading its wings across the business world by boosting the cryptocurrency transactions alongside making all other economic transactions easy and seamless. It has already become a buzz-worthy technology by outshining the traditional payment methods and bringing in new-age methods for executing fiscal matters and intensify storage-related tasks. The existing as well as emerging organizations are leveraging this tech-enabled advancements and initiatives to uplift its standard business processes.

This technology is empowering P2P electronic cash methods and enabling online transactions to flow from one party to another without having any financial mediator. This makes the business processes more secured and proficient in enhancing client engagements. On the other hand, an opensource blockchain-enabled computing platform ‘Ethereum’ is rolling out noteworthy solutions for the startup space. An OS backed by smart contract functionality, this platform is carving out a whole new financial world.

Today, the entrepreneurs, industry leaders, and innovators are acknowledging the pain points and potential gaps in the businesses and are embracing the blockchain technology to pass on a better financial ecosystem to the Gen Z. With skyrocketing economic process and inflation at its peak, this technology will surely prove be a major helping hand for the businesses to capitalize their resources rightly.

The blockchain technology is all set to built a finance podium across the world thereby unlocking the doors to numerous opportunities for the novices in the coming times. Seeking new avenues, the future will witness many more blockchain-based innovations like never before!

Editor-in-Chief Pooja M. Bansal Managing Editor Rahul Niraj Executive Editor Devasish Kanojiya Art & Design Head Amol Kamble Associate Designer Poonam Mahajan Art & Picture Editor Rahul Kavnekar Co-designer Deepanjali Jena Business Development Lead Tejaswini Whawal Business Development Executive Sarika Kawade Technical Specialist Amar, Pratiksha Digital Marketing Manager Prashant Chevale SME-SMO Executive Manoj Shelge Circulation Manager Tanaji sales@insightssuccess.com

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C O N T E N T S

CONSAGOUS TECHNOLOGIES

08

CXO

Interview With Insights Success

Standing out as Top-notch Blockchain Developer

22 34 SATE DEVELOPMENT

MAVEN’S VOICE

Creating Blockchain-enabled Enterprise Solutions

The Blockchain Tech Reinventing the Landscape

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FLUPER Bringing Scalability to Business with Blockchain

CLOUDTRAINS TECHNOLOGIES

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Disrupting the Business World Since 2015

QUEST GLOBAL TECHNOLOGIES

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One-stop Solution for all your Software Requirements

Article

18 EDITOR’S VOICE Getting Smarter With The Blockchain Technology

Blockchain Startups – The New Era of Business Transformations

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hile the first quarter of 2019 was an enthusiastic year for the Blockchain Industry, the second quarter has taken it beyond the success horizons. Recognizing the companies that are revolutionizing this tech-space and keeping innovation on their radar by staying up-to-speed with the developments, we have come up with this special edition of “The 10 Indian Blockchain Startup To Watch Out In 2019”. This issue has featured a handful of professionals offering a diverse and engaging mix of creativity and distinctiveness. This edition of ours will help you to walk through a list of startups embracing multi-disciplinary approach and covering a range of relevant issues in its sector.

On the Cover of the issue is Consagous Technologies – a prominent name among the best Blockchain App Developers worldwide. The company is outshining its competitors with its innovative solutions and redefining the Blockchain Solution Providers segment.

Apart from such an insightful cover story, we have also enlisted, CloudTrains Technologies – a Leading Mobile App, Web & Software Development Firm; Fluper Ltd. – a one-stop destination for building Blockchain-based solutions and Quest Global Technology Ltd. – providing a quality-driven approach towards the web, software and mobile app development with digital marketing, ERP and CRM. Alongside, companies like Fusion Informatics Limited, Terse Soft, Opcito, Snowtint, Futurism Technologies, and AFour Technologies have also been featured in the listing of this edition.

While flipping the pages, take a note not to miss out an exclusive Interview with Mr. Nakul Shah – Founder & Director of Sate Development and an article The Blockchain Tech – Reinventing the Landscape by Gaurav Dubey – CEO of ITH Technologies Pvt. Ltd. Turning some more pages will help you find an article titled as Getting Smarter with the Blockchain Technology From the Editor’s Voice. These articles will help you understand the current market scenario of this industry. Looking at the emerging opportunities and the growing possibilities, this issue of ours will introduce you to a whole new world of novelty.

So enjoy the exciting read!

Rajesh Soni Vice President

Mukesh Singh President

Manoj Soni Chairman & MD

Cover Story

STANDING OUT AS TOP-NOTCH BLOCKCHAIN DEVELOPER

We are an interactive Top-class software development service provider company dedicated to crafting intelligent software

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ith each passing day, ‘Blockchain’ is transforming the traditional models and disrupting the business world like never before! It is truly changing the way of doing business and creating a unique database that offers unmatched experience at par with the international standards.

Today, the Blockchain startups are present across all industry segments and are most prominently represented in the Finance & Insurance and Information & Communication industries. The advent of this technology is a boon to existing and emerging entrepreneurs alongside creating diversified opportunities quenching financial aspirations of the masses to its best.

Established in 2008, Consagous Technologies is one such IT services company which has embraced this highly immersive technology to the core and is known for its tech-based disruption globally. It is a prominent name among the best Blockchain App Developers worldwide. From corporate websites to mobile applications and business process solutions, Consagous stands tall as a one-stop solution. With offices in USA, UK, Mexico, and India, the company is recognized for its vast array of experience, expertise, and a holistic approach showcasing end-to-end web and mobile development solutions backed by exceptional designs. It is well-equipped by a robust team of professionals with expertise in deploying emerging technologies and enabling client organizations with the potential to satisfy its user’s requirement efficiently and securely.

With a decade of experience in the IT industry, Consagous has embraced cutting-edge technologies and executed over 100+ projects for its esteemed clientele worldwide. Over these years, the company has created its niche in this industry with its proficiency across various technologies including Mobile, Cloud, IoT, Wearable, Big Data, Blockchain, Dynamic 365, Salesforce on-demand, iBeacon and more.

Meet the Dynamic Trinity A strategic thinker imparting key operational rhythms, Manoj Soni is the Chairman and MD of the Consagous Technologies. He has a vast experience in managing large business areas,

Our people are the Cornerstones of our business

formulating and implementing marketing strategies which also includes developing new market segments. Manoj is on a mission to inspire young minds to be the leaders of tomorrow.

Mukesh Singh is the President of the company. He brings in a profound and demonstrated expertise in assimilating new technologies to withstand real-world business situations. He has a future-oriented outlook with creative implementation capabilities in providing executive leadership and management to the company. His know-how in managing software engineering services on a larger scale and smart decision-making abilities helps Consagous in enhancing customer satisfaction and generating proďŹ table outcomes.

We work together, we grow together

The company’s prominent business plan has helped it to take a successful ride over the pathway of challenges, thereby enabling it to design future business plans and reach the peak. Making its business plan thorough and accurate alongside keeping an eagle’s eye on the hippest discoveries gives it an extra edge to gain big dividends in the long term.

Along with Manoj and Mukesh, another key persona of the core team is Rajesh Soni, the Vice President. He has been instrumental in positively impacting the team morale and fostering a hassle-free work environment.

Rajesh has a proven record of building profitable sales models, developing/leading execution of sales strategies which helps the company in achieving its goals.

Creating Own Landmarks Being ‘#1’ in every aspect is the need of the hour, and this is what the world of IT demands. Consagous has strived with the same intent to create its own identity and outshine its competitors since day one. Its concrete endeavors have helped it to achieve various milestones including Top Mobile App Development Company award by top-notch B2B platforms like Appfutura, Clutch, and Goodfirms.

Acknowledging that the world is witnessing a time of bizarre technological growth at its full pace, the company has sculpted itself into a frontrunner fulfill the ever-changing requirements of its clientele. Its forte of early-adoption of latest technologies provides it with the opportunities to gauge the effectiveness of new-age technologies.

Treading an Extra Mile The company’s work environment adds an extra plus to its glory and helps it to stand apart from its competitors. Being a tech-savvy company, it is always passionate about shaking hands with different technologies out it the market. It believes in collecting the best-of-the-best technology toolset which helps it to effectively strategize its business operations. At Consagous, ‘Client Satisfaction’ is what matters the most. The principles which the company holds on to for offering complete client satisfaction include:

Transparency | No Fake Promises | Acknowledging Client’s Viewpoints | Efficient Documentation & Communication

employee relationship and consistently motivates the workforce to bring their ideas to the table.

Staying committed towards the client requirements, the core team asserts, “We have worked within all types of organizations from large fortune to start-ups and also worked with young entrepreneurs who are looking to make their way in the world. During our work journey, we gained continuous support and an amazing response from our clients.”

The idea behind this is to boost the employees and drive them towards the pathway of overall personality development and job-satisfaction. The company conducts technical trainings for its designers and developers to keep them updated about the latest technology arrivals.

“We schedule project delivery time as per the scope of the project and at the end of every Sprint, we notify our client about the project progression and collect the clients view about the project. This helps us in delivering the projects in fixed time duration,” they added further.

Sharing their views on employee motivation the core team says, “Though there isn’t any single strategy that can magically motivate all your employees at once and keep them motivated throughout their employment. Every employee is unique, with unique values and ideas, and if you want to be successful in motivating each and every employee, you have to find reliable strategies to reach each individual.”

Encouraging Employees The Pro Tips The company is well-resourced with a team of 100+ experts who are masters in their own field and have the capabilities to see potential procurement through a different lens leading to revenue growth and happy customers. Whether it’s steering through a business downturn or getting employees back on track, Consagous has been audacious enough to meet every challenge with utmost openness. Since inception, it focuses on maintaining a trustworthy company-

In today’s digital era, benchmarking its presence within the complexities of the market for a startup is not an easy job – there are different requirements and points to be considered for reaching the epitome of success. A first thing first is ‘raising the funds’. Keeping this in mind Consagous advices the young, to manage their finances before entering the business grounds to achieve long-term success. The company also advices the budding entrepreneurs to be a risk-taker, but rethink before committing long-term contracts, leases or any recurring costs.

Present and Future

Consagous is confident to deliver best in Blockchain technology as per industry standards

Consagous Technologies is specialized in providing advanced, integrated project engineering solutions to the clients which shaped the organization to extend project forwarding, engineering, and lifting solutions. It also excels in formulating exclusive IT solutions for different industries. Team Consagous’ competent technical professionals offer the best possible expertise and advanced engineering solutions at every stage of the project execution cycle which assists the organization to climb the success roof-top.

While the start of 2019 was challenging yet opportunistic for Consagous, it takes pride in being ready for the future challenges with its strategic business blueprints inclined with in-depth information detailing. It is on its way to help companies in achieving their branding and marketing goals with a fresh punch of energy.

FLUPER

Bringing Scalability to Business with Blockchain

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usinesses need technology to stay updated and offer solutions that are unique, and one-of-a-kind. For this, they need to adopt technology in its functional form and create solutions that can be implemented and used by anyone and everyone. That said, it is not easy to change the entire infrastructure or the organization’s working according to new and emerging technologies. So more often than not, they hire specialists in these niche technologies to help create solutions for their clients. Delivering Blockchain-based solutions for such businesses customers is a young start-up Fluper Limited.

The company has emerged as a one-stop destination to building Blockchain-based solutions in governance, healthcare, banking, pharmaceuticals, and capital markets.

With a team of 250+ professionals, the startup has already become a recognized firm among users when it comes to delivering advanced and cutting-edge solutions. Apart from Blockchain, it is also known for its exceptional mobile applications in different domains, including travel, media, IoT, AR/VR, food, and much more.

The New Start-up on the Block!

Anshul Sharma Founded Fluper at the young age of 23 and instantly became a source of motivation for many. With his positive attitude and hard working nature, he has made Fluper a ‘Trusted Organization’ globally. Blockchain became an obvious choice of technology for the company given the frenzy it has created in the world. It offers the latest tools for authentication, as well as, authorization in the digital era that prevents the requirement for a lot of centralized administrators. Consequently, it allows in building new digital relationships. After considering its

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Anshul Sharma Founder increasing demand in the global market, Anshul and his team decided to decipher all its advancements to give businesses a new approach.

Being a leading company in providing Blockchain and mobile solutions, Fluper is constantly trying to innovate something advanced and modern. These experts are aware of the fact that in order to survive in this cut-throat competition it is important to follow the latest trends.

Numerous organizations are adopting Blockchain technology to enhance their business productivity and ROI. And that’s where the opportunity lies.

Opportunities and Challenges Anshul believes that technology is helping the organizations to save their time and consequently, money. Exchanges are quicker, particularly with the internet. He adds, “We all know that massive tech-enabled advancements have also

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With immense opportunities, the Company also faced multiple challenges in the beginning. What kept them floating was their clear mission and vision and the ability to work together as a team. Anshul says, “Well, strategies vary but your mission can act as a dynamic force behind the position you are trying to achieve. We knew that our mission will serve to cement our long-term goals. We made 20 diverse tactics in motion; however, we kept them reliable with the same vision and mission.” From the beginning, they focused on teamwork to drive creativity and help in brainstorming ideas that are not possible in working solo.

Scalable Solutions Fluper offers various Blockchain powered solutions, in order to develop innovative products that increase the digital currency like bitcoin, cryptocurrency, etc. Fluper’s Blockchain professionals utilize their expertise in the building of incorruptible digital, as well as, distributed ledger for economic transactions. Here is the list of some services it offers: • • • • • • • •

dApps Development Supply Chain Development Custom Cryptocurrency Development Custom Blockchain Development Smart Contracts Development Cryptocurrency Wallet Private Blockchain Blockchain Testing

With the potential to offer customized business solutions and the ability to diversify, Fluper has become a known brand in the market and already has several associations, such as BBC, IBM, and Oracle.

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Only the company with a unique and dynamic product or service can grow its business across the globe

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augmented the efficiency of roughly every industry in the globe. We can now pay with bitcoins rather than using banks.”Although technology is unquestionably making our lives simpler, the effortlessness of accessing the public information presents a broad variety of legal allusions for businesses, such as data security, social media related liabilities, cybercrime, virus attacks, and more.

quite necessary to motivate creativity, as well as, innovation in the workspace.

In order to promote a creative workplace, Fluper offers a stimulating environment, encourages individuality, harnesses creativity in the workplace, facilitates anonymous suggestions, takes action based on employee input, rewards out-of-the-box thinking, and much more.

In the Offing With a mission to become number one in the market, Fluper is planning to come up with the most advanced solutions. It wants to open new doors for the organization so that they can grow their business globally. Fluper is always ready to assist its clients around the clock with a team of seasoned professionals who have the capability to fulfil all kind of business requirements.

Let Creativity Flow The management at Fluper believes that creative employees can aid cultivate business by giving better solutions to issues, growing sales opportunities, and making products and services exclusive from competitors. Therefore, it is

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GETTING SMARTER WITH THE

BLOCKCHAIN B

lockchain technology is the growing list of records that are connected by encryption.

This technology enables you to make instant transactions without any middleman through a secure network that stores the records of the transactions in strong computer codes.

It ensures that not a single transaction is modiďŹ ed or altered.

Mobile Companies Flagging-up Blockchain The ďŹ rst boost for the crypto-focused smartphones from the trending players like Samsung and HTC is a step

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EDITOR’S VOICE

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towards a decentralized web. The devices operate on their own operating system and private keys. They have encrypted communications and peer-to-peer data sharing which protects from android’s insecurities.

Progressive enterprises such as fortune 500 companies from retail and finance to auto-mobile and airlines are exploring tangible business outcomes in business operations and security with the implementation of blockchain solutions. Considering some of those, The United Health Group has partnered with blockchain to keep records up to date which will examine how data from various healthcare organizations using blockchain technology can improve data accuracy, streamline administration and enhance healthcare access. The inconsistencies in the data provided by the claimant and the actual records can be probably avoided.

Amazon Web Service is now equipped with two popular blockchain frameworks, Hyperledger Fabric and Ethereum. The Amazon Managed Blockchain can now create blockchain networks spanning multiple AWS accounts that enable a group of members to execute transactions and share data without any central authority.

Defence Drawing Close to Blockchain Applications Issues of cybersecurity-related to military organizations are the biggest concern of any nation. So adapting a secure communication is crucial. Many of the applications such as, integration of drone technology with AI and blockchain applications can not only analyze and accurately report on real-time footages but also yield autonomous drone operations. Each drone can work as a part of a decentralized network thus storing the data safely on the blockchain. Many military organizations are increasing the use of emerging tech in its operations and looking to blockchain to check breaches and cybersecurity issues in communication data.

India’s Manoeuvre towards Blockchain Technology India’s public sector is fast emerging as a large consumer of Blockchain technology. Thus 50% of the state governments are involved in initiating and collaborating with different stakeholders to accelerate the public sector blockchain adoption in the country according to NASSCOM Avasant India Blockchain Report 2019. In

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India, the BFSI (Banking, financial services, and insurance) sector is leading the blockchain adoption along with major banks and insurance companies. Other industries such as healthcare, retail, and manufacturing are also joining the race.

Though upgrading the skills is the biggest challenge faced by the providers across India, they are trying to build the gap through cross-training programs. The service providers are also building abstraction layers on top of the existing platforms to enable employees skilled in widely used development languages like JAVA and C++ to code on it, thereby saving on cost hiring.

Few Worries but Strong Desire There are some challenges faced in the implementation of blockchain technology. Cybersecurity is one of the concerns but, tech giants are taking advanced efforts to tackle the security issues by hiring smart competitors and seamlessly training the candidates who need technical support.

Time Ahead India has a cautious approach towards shaping the blockchain ecosystem which can help drive the innovation in India. Certain surveys have estimated that India could be in the leadership ranks in the adoption of blockchain technology. The previous generations of blockchain lacked the key features that could be used to support use cases beyond financial services applications and limited interoperability between diverse platforms. But due to the emergence of the 3rd generation blockchain platform that has security, scalability and interoperability has set enterprise to accelerate.

Globally amongst the enterprises, blockchain revenue is central to banking, manufacturing and financial services.

Other verticals are expected to ramp up quickly in the next few years.

The mobile devices will be a gateway to decentralized applications that will akin to mobile apps we use today but run on public, peer-to-peer networks and not on the private servers of big tech companies.

- Rajkunwar Bhosale

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Creating Blockchain-enabled Enterprise Solutions

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he below excerpt is an exclusive interview with Mr. Nakul Shah – Founder & Director of Sate Development.

Kindly brief us about your company.

Mumbai-based, Sate Development is a full-service software development company with a focus on blockchain and distributed ledger technology. It was started by blockchain and fintech pioneer, Nakul Shah. The company is an innovator of blockchain solutions for corporations and enterprises, building custom software for some of the largest institutions in the world. Sate has been named as one of the leading blockchain service company globally, which empowers high-potential organizations to successfully enter and leverage the new paradigm of blockchain.

Brief us about the Founder/CEO, and what was the source of inspiration for your company to be in the Blockchain segment.

Nakul Shah is the Founder and Director of Sate Development. He is a regular speaker at conferences across the globe, on topics like Blockchain, Hyperledger and Distributed Ledger Technology. As a longtime creative thought leader in financial markets, technology and innovation, he has worked with startups and multinationals across the world. Nakul has played a significant role in the adoption and application of technology. He started his career at State Street Corporation in Boston, which is one of the biggest and oldest providers of mutual fund, pension processing and asset custody services. He used advanced statistical and technical tools in the field of socially responsible investment. He also served as a Product Specialist for the wealth management team at Charles River Development. While executing independent consulting

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assignments, he has advised a leading sustainability firm that helps Fortune500 companies. After acquiring significant years of experience in fintech, Nakul moved his focus to blockchain, which was an emerging technology at the time. His experience and vision have helped Sate grow significantly in the past five years. Besides creating enterprise solutions, he also provides training, consultancy and development services, helping clients de-mystify the technology and understand how organizations can leverage its key features. Nakul has conducted lectures for banks, universities and governments, on various topics covering platforms and use cases of blockchain. He also an author for one of the best-selling books on Hyperledger. Nakul holds a Master’s degree in Financial Engineering from The University of Michigan Ann Arbor, USA. What are the different products and services provided by your company, setting you apart from your competitors?

Sate Development is a service-based company. We address blockchain and its complementing technologies such as distributed ledger technology and smart contracts. We provide a variety of services to assist enterprises in their journey to achieve trust less consensus based global partnerships.

Sate Development brings its strong expertise in Platform integration and Digital transformation services to combine with blockchain and provide value added services and technology platforms.

We also serve as an end-to-end partner for projects, from exploratory phase, through the design and development, until solution deployment.

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INTERVIEW WITH INSIGHTS SUCCESS Nakul Shah, Founder & Director | August 2019 |

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What are the key attributes that helped your company overcome the challenges that it faced during its establishment?

Being successful in business isn’t complicated, but the degree of difficulty is hard to explain. As far as attributing the success in business is concerned, especially for a startup, the goal is to connect with as many people as possible and build a strong network. Our interpersonal skills coupled with the marketing team’s efforts have been a cornerstone of our growth.

With the massive tech-enabled advancements, what are the opportunities and challenges evolving with it?

It’s amazing to see how rapidly technology is evolving, which makes new products and platforms available to us every day. The power to retrieve almost any information and communicate in several different ways with buttons at your fingertips is amazing. Something new is always on the horizon, and we cannot help but wait and wonder about the next technological marvel that is about to come.

There are several tech trends in store for 2019. As a service based company, our goal is to stay on top of these advancements and follow a constant path of self-learning and growth in order to cater to this ever changing market.

Besides learning a new technology, we constantly try to think about how we can leverage them to assist our clients better.

Share with us your company’s contribution to its sector and how it is helping its clients in their business growth.

In a world where competition consistently claims to be #1, it’s difficult to differentiate and build your own identity.

Difficult, but not impossible. We consider effective differentiation as one of the main challenge faced by a business, as we are forced to compete against big companies. We have four ways that helps our business stand out from the crowd. Each one of the following factors has worked well with countless clients that we have served.

Provide Exceptional Customer Service – We treat our customers like royalty. All customers have an expectation of great service. Even from a marketing perspective, the cost to bring back an existing customer is lower than the acquisition cost of a new customer. Thus, exceptional service is an important factor in our company’s success.

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Good Communication – Honest communication about our services and project scope helps lay down realistic expectations which ensures that the clients are satisfied with the end result.

Come Up with Something New – We constantly try to improve our offerings by introducing new processes and solutions to provide better service to our clients.

Embrace Corporate Social Responsibility – While most believe that a company’s main responsibility is to take care of its core stakeholders such as customers, employees and owners, we believe that businesses should give back to society as well. As part of CSR, we try to encourage our team to do pro-bono work as well.

How do you motivate creativity and innovation in the workspace while maintaining a healthy work environment?

We follow seven simple rules: • • • • • • •

Make our business a pleasant place to be.

Be respectful and supportive towards all employees Give employees room to grow.

Share constructive feedback with employees.

Be honest and transparent with them.

Offer flexible scheduling.

Recognize their achievements.

Brief us about the current scenario of Blockchain startups and your company’s future plans.

What began as the basis for tokens, blockchain technology — essentially a virtual ledger having the capability to record and verify a high volume of digital transactions — is now expanding across a number of industries. Blockchain tech has reached far beyond its inception within banking. In 2019, businesses are expected to spend millions of dollars on the technology, significantly more than the amount invested in 2018. Industries from insurance to gaming to government are starting to see blockchain applications.

Entrepreneurs now believe that blockchain has the potential to transform many more industries. Ultimately, the use cases for a verifiable, transparent register of transaction data are endless. Blockchain is also resistant to fraud as it operates through a decentralized platform requiring no central supervision.

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CloudTrains Technologies Disrupting the Business World Since 2015

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he below excerpt showcases the journey of the establishment of a Blockchain-enabled company which is consistently striving to transform the overall scenario of the business world.

Kindly brief us about your Startup.

CloudTrains Technologies – Where Technology Meets with Passion. We’re experts in crafting products that engage your audience, sets your brand apart and, helps you achieve your goals. We develop (what people see and how they use it) for websites and applications. We focus on making sure these are both useful and easy to use. CloudTrains is a blockchain technology company that provides end-to-end blockchain development services to multiple business domains. Since 2015, the CloudTrains is into the IT industry serving their clients with the high-quality services. It is a software development company that understands emerging technologies such as Blockchain, Augmented Reality, Big Data, Internet of Things and Artificial Intelligence. Founders of the CloudTrains worked with many Fortune 500 Clients, 20+ Products funded, 2 Selected in Y-Combinator, Awarded by Apple & Selected in Microsoft Ventures.

They aim to transform any size of the company by offering blockchain solutions and make them achieve competitive advantages.

Tripti Tiwari

Brief us about the Founder/CEO, and what was the source of inspiration for your company to be in the Blockchain segment.

Tripti Tiwari is the Founder & CEO of CloudTrains Technologies. After finishing her Graduation, She Started CloudTrains without any prior experience of Industry. She already decided in early days of her college, She want to be

Founder & CEO

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In 2016, When She heard about Blockchain, she decided to start work on Blockchain, pivoted our business model, and started investing blockchain technology in the startups and enterprises, so that more and more startups & enterprises will come forward with the best of the product ready in the initial phase.

So, For Tripti technology and her Customer always her bigger source of inspiration to use & invest technology and build a product for their customers by which they can take their business & products to new level of height. Tripti believes that We are living in a time where people carry the entire world on their palm. In today’s interconnected and digital world, technological advancements are transforming the lives of people in an amazing way. The company incorporate advanced tools and resources to keep pace with increasing demand of industry. For effective utilization of new and upgraded technologies to attract users, the company constantly engages into through research and development. Working with different types of requirements and businesses has helped Red apple to gain knowledge about varied technologies and their impacts.

What are the different products and services provided by your company, setting you apart from your competitors?

CloudTrains have a set of multiple products, currently in a time where business become very fast, we decide to work on our products and make doing business process easy for our customers, we build AI based CRM & ERP System, Lead Management System with advanced workflows, multiple Blockchain Solutions, Chatbots, DApps, Ledger Systems. CloudTrains understand every aspect of the project and discover what could be the best solution as a business point of view. Apart from this, why we are different from our competitors, So in CloudTrains we develop two kind of products one is MVP & second one is full-fledge product. MVP helps our start level entrepreneurs to find feasibility of product in market & in between

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“

We do this because we love building great Products

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Entrepreneur and take her creativity and innovation at new level. She had lot of achievements in her bucket, she got selected as Microsoft Student Partner in Microsoft, she is Mentor of Change in Atal Innovation Mission, Member of Canadian Blockchain Council. Since 2015, CloudTrains is canvassing dream of others. We develop mobile apps, Software & website, which are the products of various startups & Enterprises. Right, from the starting Tripti was very sure about two things, one is to have an organization which works on emerging technologies and second we will provide high class services.

customers and this solution is very good in terms of design & development & cost. On Another Hand, where we work for Enterprises & their pain points, this is the complete full-fledge product build on latest technologies and give their businesses a new level of growth in terms of revenue & people. We worked with TIZEN and got selected in Top 16 Partner in World and our name announced in Shanghai, China. We face many Ups & Down in our Entrepreneurial Journey, but today We have multiple Offices, the First one in Gwalior, Second One in Pune, Third One in New Delhi and USA. Currently, we have a client base of 800+ Clients.

What are the key attributes that helped your company overcome the challenges that it faced during its establishment?

There are many challenges in Startup Journey, But Number of Challenges is always equal to your learning. Challenges make you strong & give a chance to you to get the best version of yourself. IT Service Industry has a very vast market space in today’s era. Each & every industry depends on technology for their success, growth & revenue. A startup is not only about ideas; it is much more than that. It is about team building, paying salaries, create a healthy & innovative work culture, working on new technologies on time irrespective of all the difficulties you face, being accountable to a lot of people, compliances, and so much more. We expend a very less amount of budget on marketing, we are using content & customer marketing as our strategy. We got our first client by one of my friend’s reference after from that 1st client to 800+ Clients value all we got on our trust & commitment basis. Whatever we commit to our customer we fulfill them. Client Reference, Meet Ups & Networking are our key marketing strategies.

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As a Women Entrepreneur, Tripti said her challenges were very different. Parents support, financial support, Customer Acquisition, Marketing, Government Compliances. But After all this Believe in your team & yourself. “We learnt that giving freedom to your people is the best thing a leader can ever do. It seems to be risky at the beginning, with most fellow entrepreneurs advising us against it. But our team proved them wrong, and we are proud of them today. So, believing in your people and having a strong desire to bring change can make any startup successful.”

With the massive tech-enabled advancements, what are the opportunities and challenges evolving with it?

After 2013, Technology World changes very rapidly. There are lot of new technologies came in market. So, our major challenge at that time to work with that technologies and keep our self-updated because in IT continues learning open a door for new opportunities. So, we decide to set up a R&D Department in our company and create a community of experts according to their technology, Soon in CloudTrains there are more than 60+ Experts who have expertise on different technologies. After this we start to work on new technologies, build solutions on that and we have a set of experts too!

Share with us your company’s contribution to its sector and how it is helping its clients in their business growth.

CloudTrains is an innovative technology company that delivers software products based on the Blockchain, AI technologies, iOT, Virtual Realty technologies for organizations and growing startups. Our skilled team analyzes customer’s goals to rocket-boost businesses and develop long-lasting relationships with the organizations & people. We work on latest technologies and make that technologies useable in our daily life so this our contribution to IT Sector and impact on tech world.

CloudTrains have in-depth knowledge of blockchain, Artificial Intelligence, iOT, VR and many other technologies how does it function, what problems it can solve and what could be its use cases across multiple industries. From idea evaluation to product design and deployment of the product, we provide end-to-end quality services that are required to build an application/product.

We listen our client’s ideas & pain points, work on that, choose right technology & solution for them. Once we deliver our solution to our customers, we always continually in touch with them and resolve their problem.

We are specialized in building MVP (minimum viable product) for startups. Almost 80% of our clients are

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entrepreneurs who have a rough idea, need fast execution at lower cost and need a quality team which is approachable.

They come to us with an idea, and we help them build their tech infrastructure. In short, we are a startup made to help other startups & enterprises.

We have also developed many products for enterprises like Samsung, HCL, TIZEN. CloudTrains got selected in Top 16 Partner from World in Tizen Developer Summit for better & tech enabled solutions.

How do you motivate creativity and innovation in the workspace while maintaining a healthy work environment?

CloudTrains is people friendly organization/workspace. We are having the best working culture, full of life, work life balance and happy team members with decent packages and 100% client satisfaction is behind the growth that we have achieved in just a year. With in one year after launch we have more than 40+ Team Size.

We always take care of our employees, even they are not our employee they are our family. We do lot of learning and fun activities to keep our team healthy, happy and motivated.

Brief us about the current scenario of Blockchain startups and your company’s future plans.

With the continued development of blockchain technology, we are not far from a reality where people can exchange value in a peer-to-peer manner without powerful market regulators and central authorities. Value transactions could be programmed and enforced in code, verified through mass collaboration, making fraud or any other interference an impossible task. This technology opens up new opportunities. It could potentially revolutionize the current models of commerce, energy, finance, politics, real estate, and many more industries. If the rise of billion-dollar marketplace platforms marked the last decade in the history books of technology, I do not think that it will be farfetched to imagine that the next 10 years to be defined by blockchain, when we will see networks disrupt and decentralize entire markets, redistributing wealth and maximizing economic efficiency in the process.

In Future CloudTrains builds a blockchain platform & products, which delivers smart contracts solutions for industries like real estate, finance & smart cities.

CloudTrains Technologies aims at providing an optimum solution for reducing the risks associated with the cryptocurrency transactions.

| August 2019 |

QUEST GLOBAL TECHNOLOGIES One-stop Solution for all your Software Requirements

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n this era of information sharing, where data is flowing at a very high rate and the life-cycle of a product/service is short-lived, there is a need to keep innovating and to stay ahead of the curve. This situation has also presented numerous opportunities as industries are being automated at an unprecedented level. With such advancements, one can envisage loads of opportunities in data sciences, blockchain-based IoT services, and AI/robotics. Opportunities like these tend to create their own challenges like Cybersecurity, Data Breaches, and Privacy. Living in a developing country like India, there are numerous inefficiencies in the system which hamper country’s growth and corruption is also rampant. Switching to the latest blockchain technology eliminates corruption from the system, with more transparency and lesser middlemen to make system and processes stronger.

One such company disrupting the blockchain technology industry is Quest Global Technologies (Quest GLT). It is a Global Information Technology company that focuses on enterprise development solutions. “We are ranked No. 5 across the globe by Goodfirms.co and TOP Company as reported by Appfutura,” claims Quest GLT’s team. The firm has served several high profile clients from sectors like Healthcare, Education, FMCG, Finance, and Real Estate.

With an aim to provide innovative and cutting edge enterprise automation solutions, the company has expertise in blockchain and data lake configuration services. Quest GLT provides end-to-end solutions to clients, along with the motive to maximize Return on Investment as per the cost incurred by the clients.

Overseer of the Quest The company’s founders consist of UHG, Healthcare SMEs, S&P Certified CMBS Analyst and a team of experts having in-depth knowledge of providing IT automation solutions.

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Romil Jain Director/Co-founder A charismatic Director/Co-founder and Quest GLT’s key strategist is Romil Jain. His know-how makes him a great resource and along with the ability to read between the lines, he is great at number crunching. He developed these skills while working as an S&P certified CMBS analyst, where he was a core member of the counter-party risk evaluation team. He has evaluated various business models across industries like FMCG, Finance, Healthcare, and Education. Through this Romil has acquired deep knowledge of bottlenecks and operational problems faced by organizations in these sectors. Such kind of hands-on experiences is crucial in devising use cases on blockchain and has helped the company’s clients for delivering innovative automation solutions. His inclination to using blockchain technology for securing the business processes is a way of making an organization more secure and reliable. He has orchestrated blockchain-based online Certification, Notarization, Product Authentication, and Land Records Management.

| August 2019 |

Some of the services carried out by the company include: • • • • • •

Blockchain/ Cryptocurrency development Data Ingestion framework (Big data, Hadoop, SCALA) Customized ERP/CRM Cloud/Mobility Solutions Salesforce Customization & Development E-commerce end to end development

In general, blockchain-based start-ups are faring well, with a lot of new entrants. But there is a real dearth of quality developers working on the customized blockchains. “We have already established ourselves as leaders in implementing blockchain solutions,” tells Romil. Now, building capabilities on Enterprise Data Lake solutions seems to be one of his new goals. “Our aim is to grow the company 10x in the next three years by providing cutting edge innovative solutions to our clients,” he further adds.

Quest GLT would continue to explore synergies globally and build marketing channels across the globe to propel its clientele. The company has already opened subsidiaries in the USA and Canada. It has also acquired stakes in Australian companies. “We plan to open offices in Europe, Middle East, and Singapore in the next couple of years while enhancing the quality of our products and services,” states Romil discussing expansion plans.

Rising and Shining Focus, Perseverance, and Innovation were the key attributes that have helped the company so far in overcoming numerous challenges since inception.

It becomes a challenging process where the blockchain guidelines are restrictive and there are no clear guidelines when it comes to operating in India “We need to educate the client about the policies, which is a daunting task.

However, our focus and perseverance help us in creating effective automation solutions for the clients,” tells Romil.

| August 2019 |

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Helping you transform your business by delivering tomorrow’s results, today

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A Helping Hand As the company’s tagline suggests ‘Your Partners in Success’, it believes in working as partners and helping the clients to devise effective, long term automation strategies.

“We go the extra mile consulting the requirements, and give our suggestions at every step, which provides us a definite competitive advantage as compared to our competitors,” proclaims the team of Quest GLT. The client retention rate of the company is exceptional and most of the clients become long term customers due to the exceptional services provided by the team.

Quest GLT has helped various private and government organizations in implementing automation solutions and to include data sciences in processes for maximizing efficiency. Following are some of the examples: 1. Creating a wallet for Dinar Dhiram Koin (DDK) in-order to support and facilitate a complete audit of the code for the DDK Blockchain, DDK Website, Staking and Voting process of DDK. 2. Whizleads is a Sales App designed and developed

by Quest GLT. The app creates quick and easy profiles of the leads and customers. With the use of machine learning and artificial intelligence to analyze the personalities, mood, and values of the leads and customers, it helps in closing the next deal.

3. Rowan Energy Club is the world’s first community fed green energy company where members can buy and sell their green energy from each other peer to peer. The company is implementing a Price on Application (POA) based custom Blockchain for Rowan where-in peer to peer energy trading would be done.

While discussing workplace efficiency and maintaining the healthy work environment, Romil suggests a few pointers which his team at Quest GLT implements and follows.“To enhance creativity and innovation, we have an open-door policy, where anyone can discuss their ideas,” expresses Romil. “We also promote Flexi-timings and have an easy work-from-home policy,” he describes. In addition to all of this, the team is constantly being upgraded by participating in various developer meetings and knowledge sharing seminars.

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o middlemen, trustless framework, immutability, and inflation, Cryptocurrencies have garnered a lot of attention among the masses.

Is crypto restricted to just sending and receiving money across peers and making money? Interestingly not!

This peer to peer mechanism has created an industry that has disrupted every nook and corner in finance, commerce, capital, and the traditional world. From Aerospace to healthcare, real estate to voting, supply chain to cross-border payments we are looking at another important breakthrough after the internet. The Blockchain plays a pivotal role in reducing costs, claiming ownership and automation. It possesses credible properties such as inherent trust, legitimacy and a faultless mechanism working under the hood. Being distributed, it does not allow any single party to have complete access or control the network, which is why it has become one of the most favored technologies in the world. It is now driven by ever greater amounts of development, applications, social networking, VR, Games, remittances etc.

Corporate giants and world-renowned banks have started harnessing Blockchain’s power to streamline business and money sent over centralized networks. A record-keeping mechanism that is utterly secure and faultless, who would not want to jump right in and become an advocate. There are many businesses and banking Blockchain running across the world such as public, permissioned, semi-permissioned and private ones such as the open-source Hyperledger project, R3 Corda, Ripple etc.

Governments are also looking forward to implementing Blockchain in their development projects to transform existing models which are slow and less significant.

Blockchain in India is now emerging at a decent pace. An Indian Blockchain company is planning to implement this technology in securing title deeds with Rajasthan state government. It will help in auditing land titles and preventing false allotment for personal gains. A majority of cases in courts comprise of land disputes which Blockchain

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can end once and for all. India is a growing nation with the ambitions of becoming a superpower so utilizing Blockchain in various sectors can boost up the economy as well as eradicate fraudulent activities.

Disruption has knocked on our doors, are we ready to embrace it?

The Blockchain has deeply influenced sectors like Fintech, Supply Chain, Healthcare, Logistics, Real Estate and even service industries such as Online Dating. Safer ecosystems, trustless relations and paradigm-shattering solutions to mundane things continue to attract the untouched fiat markets as well. The recent development of this can be attributed to JP Morgan Chase which is coming up with their own JPM coin. It is designed to help their clients and customers with smoother financial transactions adopting Blockchain technology. Fintech Blockchains such as Ripple and Cashaa is already recognized by a few prominent banks. The Blockchain also remains unperturbed by the governments that impose laws, create stringent policies, or deter people from investing.

There are other industry sectors that are wide-reaching and making changes to improve efficiency. NASA is also boosting data security and safeguarding the privacy and security of flight data and mid-air airline communications by utilizing this tech. It is not an overnight prospect but is still achievable. For competent professionals across sectors, the abundance of modern tools and technology will aid the facelift. Currently, the industry is in need of solutions that offer customer services, interoperability and increased security which is highly synonymous to innovative technologies like Blockchain. Enterprise adoption of the Blockchain will help revolutionize businesses in operations, settlements, HR, data science and more as opposed to centralized and slower models.

In the future, whether its IOT, Robotics or Machine Learning the Blockchain will create an interconnected universe of technologies mingled together for more productive ecosystems.

| August 2019 |

| August 2019 |

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