Prime Insights

Data Protection Simplified

Diligence Bio is an OECD GLP certified laboratory focussed on regulatory toxicity services. We are specialized in the toxicity testing of Agrochemicals, Pesticides and Industrial chemicals.

SERVICES

GENOTOXICITY ACUTE TOXICITY ECOTOXICITY

• Ames Test

• Micronucleus Test

• Cell Gene Mutation Test

• Ch. Aberration Test

• Oral Toxicity

• Eye Irritation

• Dermal Toxicity

• Dermal Irritation

• Skin Sensitization

• Inhalation Toxicity

• Fish Toxicity

• Bird Toxicity

• Honeybee Toxicity

• Earthworm Toxicity

• Alga Growth Inhibition

• Daphnia Immobilisation

PHYSCHEM STUDIES

• Viscosity

• Surface Tension

• 5 Batch analysis

• Stability

• Solubility

• Foam Persistence

Editor’s Note

Nurturing Firmer and Resilient Paths of Progress

Every brand has a distinguished story of resilience, innovation, and success. As these brands emerge as beacons of continual growth, they have affluent impacts on people’s lives, and there is certainly no doubt about that. Prime Insights embarked on a journey to showcase the narratives of entrepreneurial excellence—the magnetizing leaders who’ve revamped industry standards, defied stereotypes and welcomed challenges as the essence of accomplishment. This editorial release pays homage to the unflinching determination of these trailblazers, capturing their valuable lessons and the vision that drives them forward!

On the cover page of this edition, we are elated to feature Cofinex Blockchain Creating an indelible mark of excellence in blockchain technology, Cofinex Blockchain is an all-inclusive enterprise-grade solution for businesses looking to use blockchain technology. Its scalability, interoperability, and secure infrastructure make it stand out from the rest. The brand delved into the vision of leveraging the growing potential of blockchain technology and the cryptoasset market.

The company’s core proponent, Mr. Sarvesh Agrahari, wanted to develop a holistic platform for users to engage with different aspects of the blockchain and cryptocurrency worlds. The foremost challenge was to earn the trust of the customers and establish themselves as a trustworthy face in the competitive market. As cryptocurrency was a fairly new concept for many, educating users about the allinclusive picture of blockchain and cryptocurrency investments was challenging too. But with the support of an astute workforce, Cofinex cemented its position through its commitment to security, transparency, and reliable services.

In the coming year, Cofinex aims to strengthen its brand presence across the globe. The team is working passionately to continuously refurbish its services, expand its user base, and further establish itself as an innovative player in the blockchain and financial technology space. The momentum of pursuing and implementing remarkable innovations in the blockchain ecosystem will be taken to a new horizon altogether!

Through this editorial release, Prime Insights Magazine hopes that our readers find their source of motivation and remind themselves that obstacles bring immense learning opportunities! Reading these ebullient entrepreneurial stories, we can understand that each leader navigated through a concoction of challenges and successes, yet they never gave up on their ambitions. So, venture forth and read about the stories of these torchbearers who are creating a better world for us to live in. Our efforts are intended to stimulate the entrepreneurial fire within you! Until we meet you all with another enticing release, kindly keep us updated with your valuable feedback and let us know what improvisations need to be inculcated in our efforts. Until then, keep thriving and keep learning!

Credit Page

Editor In Chief

Ankur Mishra

Editorial Coordinator

Yash Anand , Shweta Singh , Kaustav Sarkar, Trishani Sarkar, Jasmeet Bhatia, Siddhant Pengoriya, Khushi Rawat, Prakriti Gupta, Pinki Singh

Art Director

Aryan Jha

Graphic Designer

Virendra Dhami, Bhavana N Sivadas, Deepanshu Bisariya, Sumit Joshi

Head Of Distribution & Production

Shivani Lath, Kaashvi Jain, Tarush Rajawat

Web Development & Maintenance

Apoorva Jain, Anup Bhandari

Advertising & Promotion

Rohan Batra, Pakhi Vats, Gaurav Singh, Suhani Joshi, Sakshi Jain

Sr. Business Development Manager

Manish Mishra, Arindam Sarma , Yashwinee Singh

Business Development Manager

Priyanka, Mehul Garg

Data Analysis

Mala, Anand, Khushboo, Jaanvi Singh,Aditya Tomar, Athul Vijay K, Shaurya Agarwal, Vishal Bhat, Rohit Rana, Ankita Singh

Email: yashwinee@primeinsights.in

Prakriti Gupta Editor

Vatsal Exports LLP: A Rising Torchbearer Revamping the Indian Textile Industry with Sustainability and Innovation

How Physical Activity Can Change Your Life in 10 Ways

Introducing Mr. Vinay Agastya: The Visionary Behind a Game-Changing Approach to create immersive mediums, Where Complexity Meets Simplicity

The Inspirational Journey of Sandeep Maheshwari

Mr. Pukhraj Sethiya: An Industry Maven Upholding a Legacy of Innovation in the Indian Mining Industry

How to Navigate the Stock Market: A Beginner’s Ultimate Guide to Investment Success

Mr. Ayush Aggarwal: Catalysing Businesses with Seasoned Investment Strategies and Innovative Wealth Management Services

8 Ways On How To Maintain a Healthy Body and Mind

Synersoft Technologies Pvt. Ltd: Blackbox Technology Is The First of Its Kind To Offer Digital Security To SMEs.

The Top 10 Advantages of Outsourcing IT for Small Businesses

COFINEX

Mr. Sarvesh Agrahari Founder and CEO at Cofinex

A Brief Introduction to Cofinex

Cofinex Blockchain is an all-inclusive enterprisegrade solution for businesses looking to use blockchain technology. Its scalability, interoperability, and secure infrastructure, makes it stand out from the rest. Here are some of the essential domains where Cofinex’s blockchain services can be utilized for optimal results:

• Smart contract deployment

• Supply Chain Management

• Identity Management

• NFT

• Banking and Finance

• Digital Identity

• Real Estate

• Energy

• Intellectual Property

• Healthcare

• IPFS

A Glimpse at the Service Portfolio

• Cofinex has positioned itself as a consolidated blockchain ecosystem for diverse business lines. Cofinex offers a high-speed and regulated cryptocurrency exchange platform, “Cofinex Exchange”, which is one of the fastest cryptocurrency exchange platforms in the world. Cofinex Exchange is regulated by Minos Blockchain s.r.o. (No. 17968127). Minos Blockchain serves customers from the European Union and European Economic Area (EEA). It is regulated by the CNB (the Czech National Bank) as a crypto authorization (virtual asset exchange and wallet custodian services) under the authorization number 145973395.

The platform places security, robustness, and execution speed at its core. In addition to that, Cofinex Exchange is capable of processing a high number of orders per second, backed by high liquidity. Approximately 500+ digital currency pairs, along with various trading types like spot, futures, and margin trading, can be accessed here!

• Cofinex’s “Copy Trading” platform helps newcomers connect with professionals and automatically replicate their trades in real time. The platform is suitable for people with no prior trading knowledge and helps them take advantage of the market with confidence.

• Users can also use bitcoin or any other cryptocurrency to buy gift cards for hundreds of brands like Uber, Home Depot, Hotels.com, and more. These gift cards can be purchased directly from Cofinex’s GiftCard app and used instantly.

• The company has also introduced a “Copay Card” that allows users to spend their cryptocurrencies in real-world transactions.

• In final consideration, Cofinex’s “Gold Vending Machine” offers a way to exchange cryptocurrencies for physical gold.

The Chronicles of Inception

The inspiration behind starting Cofinex stemmed from the growing potential of blockchain technology and the cryptoasset market. The aim was to create a comprehensive ecosystem that incorporates various services like Exchange, Stocks, Copay Card, Gift Card, Gold Vending Machine, Lending, and Blockchain Development, catering to different aspects of finance and

technology. Mr. Sarvesh Agrahari wanted to develop a holistic platform for users to engage with different aspects of the blockchain and cryptocurrency world.

Tackling Challenges while Embracing Resilience

The foremost challenge was to earn the stars of credibility and establish themselves as a trustworthy face in the competitive market. As cryptocurrency was a fairly new concept for many, educating users about the all-inclusive picture of blockchain and cryptocurrency investments was challenging too. The company had to significantly deal with strict regulatory considerations related to cryptocurrencies and financial services while developing and maintaining their robust trading platforms.

Having the support of a like-minded technical team was essential to overcoming operational challenges. Hence, a plethora of investments were poured in to develop the advanced technology required for its fast cryptocurrency exchange platform. In addition to it, obtaining liquidity for the crypto exchange, regulatory uncertainty, and market volatility were also some of the other challenges faced by the business.

Elevating the Realms of Credibility in the Market

The trust customers have in Cofinex is built on its commitment to security, transparency, and reliable services. The uniqueness behind this trust comes from Cofinex’s capability of processing a large number of orders per second, along with the diverse range of financial services offered within the ecosystem. Transparent operations, strong customer support, adherence to regulatory standards, and ensuring secure transactions for users are some of the other factors that stand high behind its uniqueness.

In an age of mistrust, Cofinex is witnessing an evolution in how consumers trust its services. Cofinex made its mark in the industry by focusing on speed, and security, and offering a comprehensive suite of financial services. As blockchain and cryptocurrency technologies have come to the limelight, consumers are becoming more informed about the benefits and risks, leading to a shift from complete doubt to cautious consideration. Some consumers might still be doubtful, but platforms like Cofinex Exchange, which prioritize security and transparency, have enabled their users to gain trust over time.

Amplifying the Customer’s Trust

Introducing innovative services like Copy Trading, Bot Trading, Gift Cards, Copay Card Gold Vending Machine, and Neo Banking and rigorous customer support has helped Cofinex make a mark in the industry and win the hearts of its customers. The degree to which clients are connected with the Cofinex brand likely

depends on their interactions with the various services offered within the ecosystem. Cofinex as a brand has conducted numerous surveys, collected user feedback and tracked user sentiment on different social media channels to acknowledge their concerns. To analyze customer retention and growth in the customer base, the team takes into account various metrics, namely:

• Customer Churn Rate

• Customer Lifetime Value (CLTV)

• Customer Acquisition Cost (CAC)

• Net Promoter Score (NPS)

• Active Users and Active Traders

• Trading Volume and Frequency

• Average Revenue Per User (ARPU)

• Retention Rate

• User Engagement Metrics

• Referral and Affiliate Program Performance

• Geographical Distribution

• Conversion Rates

• Customer Support Interactions

• Feature Adoption

When consumers see the Cofinex brand, the first thing that comes to mind is a technologically advanced, trustworthy, and comprehensive blockchain ecosystem offering various financial services, backed by speed and security.

The Marketing Initiatives

Cofinex endorsed partnerships with influential figures in the blockchain and cryptocurrency space to carve a stronger picture of itself in the market. The team curated high-octane educational content about blockchain technology and cryptocurrencies, highlighting the speed and security of its exchange, and showcasing successful use cases of its services.

Cofinex also introduced targeted online advertising and promotional campaigns for new services. These campaigns highlight Cofinex’s fast transaction processing capabilities, emphasize its legitimate security measures, and showcase its diverse service offerings. The user testimonials are leveraged to build trust and attract new customers.

The Momentum of Blockchain Technology and Cryptoasset Ecosystem

This emerging category of crypto exchanges represents a paradigm shift in the industry, catering specifically to the B2B space. Unlike traditional exchanges that primarily target individual traders, these platforms offer a comprehensive and customizable exchange infrastructure that businesses can brand as their own.

“This innovation not only streamlines the process of launching a crypto exchange but also empowers businesses, financial institutions, and startups to enter the crypto market with a tailored solution. By providing a white-labeled exchange platform, this new category facilitates quicker market entry, reduces development costs, and ensures compliance with regulatory standards. As the crypto landscape continues to evolve, this approach holds the potential to foster greater participation and innovation within the B2B crypto space, transforming how businesses engage with digital assets”, says the Founder and CEO of Cofinex, Mr. Sarvesh Agrahari.

Underlying the Vision for the Future

In the coming year, Cofinex aims to strengthen its brand presence across the globe. The team is working passionately to continuously refurbish its services, expand its user base, and further establish itself as an innovative player in the blockchain and financial technology space. The momentum of pursuing and implementing remarkable innovations in the blockchain ecosystem will be taken to a new horizon altogether!

Cofinex is gearing up to enter new markets, enhance platform security, stay at the forefront of blockchain technology developments, and adopt new technologies to strengthen its security measures.

Mr. Sarvesh Agrahari’s Take on Entrepreneurial Leadership

The entrepreneurial participation of leaders holds commendable value in the entrepreneurial world for several reasons. Their leadership standards cultivate a compelling sense of thoughtful decision-making, foster open communication, and build a shared vision among team members. When leaders actively engage in the entrepreneurial process, they demonstrate commitment, inspire creativity, and facilitate problem-solving. In conclusion, it is their

persona and way of approaching problems that create a culture of collaboration, adaptability, and continuous improvement.

Parting Words from the Founder’s Desk

Toward the end of the conversation, we asked Mr. Sarvesh Agrahari to share some valuable advice for our esteemed readers and enlighten their ideologies. To this, the dignitary quotes,

“A piece of advice for young entrepreneurs is to stay adaptable, continuously learn about emerging technologies, and focus on building trust and credibility in their chosen industry. Focus on innovation, persistence, adaptability, and a customer-centric approach. Embrace new technologies and trends while maintaining a strong commitment to quality and trust.

For Cofinex, trust is a product of time, built through consistent patience, integrity, responsiveness, and a genuine commitment to fulfilling customers’ expectations. As we navigate the dynamic blockchain technology and cryptoasset landscape, we are driven by the ambition to not only provide state-of-the-art solutions but also to be a brand that our customers can wholeheartedly trust.”

Please visit us:

www.cofinex.io

https://twitter.com/Cofinexexchange

https://www.instagram.com/cofinexexchange/

Ms. Rakhi R Wadhwani:

Exhibiting Seasoned Leadership in the Indian InfoSec Landscape

An interview with Rakhi R Wadhwani | InfoSec Author, Auditor, Trainer

Rakhi R Wadhwani is a published author, auditor, and trainer in cyber security having over 20 years+ experience working as a Technology Professional, holding multiple certifications in Digital Forensics, Ethical Hacking, and Information Security and Privacy. Experienced assessor focused on improving business compliance, workflow, and processes through detailed audits and optimization recommendations. Successful track record for fully evaluating information, structures, and procedures and initiating corrective actions.

Seasoned operationally oriented compliance executive with multi–industry experience in delivering high-impact, value-adding external audits with excellent client feedback.

Competent problem-solver with proven capabilities of working in dynamic teams in a fast-paced environment. Outstanding leadership and interpersonal skills in building relationships with people from different organizational levels and cultures.

Rakhi R Wadhwani Senior Assessor and Trainer

Skills and know-how encompass across multiple specialty areas like Information Risk Management and Assessment, Regulatory and IT Compliance, Security Controls, Compliance and Technical Audit, Business Continuity and Disaster Recovery Management, Vulnerability Management and Information Protection and Data Loss Prevention, Internal and External Audits.

She is also Editor-in-Chief in Digital Forensics (4N6) Publication.

1. Hello, Ms. Rakhi Wadhwani Please introduce yourself to our readers.

I am working at ISOQAR India Private Limited as a Senior Assessor and Trainer. I am a published author, auditor, and trainer in cyber security. I have over 20 years+ of experience working as a Technology Professional, holding multiple certifications in Digital Forensics, Ethical Hacking, and Information Security and Privacy. My skills and know-how encompass across multiple specialty areas like Information Risk Management and Assessment, Regulatory and IT Compliance, Security Controls, Compliance and Technical Audit, Business Continuity and Disaster Recovery Management, Vulnerability Management and Information Protection and Data Loss Prevention, Internal and External Audits.

2. How did you start your journey in the cyber world?

My journey into the cyber security domain was not by my choice. Even in the school days, there were no specific choices for this domain. However, I always wanted to be in the technology domain. As it happened, my first job was in Information Technology; this is when I realized my passion for cyber security which I then took up seriously to build my professional career.

3. Tell us about your experience as a woman in infosec space.

My journey in the infosec space has been very enriching, exciting, and full of challenges. The learnings and discussions you have on a day-to-day basis working with colleagues and customers always encourage me to take another step further.

4. What are the various career opportunities in information security?

I would like to emphasize that cybersecurity/ information security is a very tough field. Learning in information security is never-ending given how the field is evolving so quickly. There are plenty of opportunities available in Risk and Compliance, Governance, Identity and Access Management, AI and ML, IoT, Legal, Cloud Security, Audits, Incident Management and Forensics, SOC, and Application Security. Depending upon your area of interest one can work or build upon a career in one or multiple areas.

5. Do you think most of the organizations have a capable team and they are ready to adopt the new information security standards?

A tricky question and the answers are May Be or May Be Not. The information security standard provides a guideline on how can the organization implement controls to minimize the risk to the acceptable level and ensure that the information is safe. However, these are just guidelines and may overlap with some of the best practices followed by the organization. Now a days, many of the organizations already have a dedicated cyber security business unit that focuses on SOC Management, Risk and Compliance, Governance, and Audits to stay in compliance with the industry standards and security standards. Many times, it is a challenge to provide training to the existing staff to deal with the new and emerging tools and technology. Hence is it good to build competencies within the organization based on the skill matrix and also partner with the external organization or vendor who have specific capabilities and the right skilled resources to address the organization’s needs.

6. What are the various Open Source IP Compliance failures you see in the current industry?

Nothing is free today however many of us assume that open source is freely available and can be downloaded by anyone to use. Open source is associated with the best-known OSS license which is known as GNU General Public License (GPL). We need to read the terms and conditions of the licenses thoroughly before we use them. Open source has certain limitations on usage, copying, modifying, and distribution and we need to know them before using them. Moreover, in open source, there is a possibility of finding more security issues than the licensed or proprietary software.

7. What are the useful online and offline sources to learn Vulnerability management and Open Source IP Compliance?

There are many resources available for vulnerability management. Many online communities also provide training to keep you abreast of the latest tools and technology. For Open Source IP Compliance, one can begin to start with FOSSID (https://fossid.com/) or Fossology (https://www.fossology.org/)

8. What certification do you suggest to master the skills in infosec space? Please suggest the right path and resource to achieve it.?

Learning in information security is never-ending given how the field is evolving so quickly. The urge to earn a degree each time you change your job role or job profile is not easy and feasible. Hence professional certificates are a good choice to close the skill gap you may have. There are various programs such as Information Security,

Risk Management, and Incident Management to name a few which would provide a foundation for jobs in this domain. However please be sure that self-learning and dedication is the key to success. You can learn by reading books, online sources, mentors, peers etc. For more details on the training and certification, you can visit: https://www. isoqarindia.com/

9. What are the myths companies have in their mind while dealing with cybersecurity?

Installing the best defence security products such as Firewalls, Intrusion Detection Systems (IDS), Intrusion Protection Systems (IPS), Antivirus, etc does not secure the organization. These solutions if not configured correctly could lead to disaster. No organization is completely safe and secured, there is always an undisclosed vulnerability and the only solution is to remediate it as soon as possible. Do remember, the security solutions and products are only a part of the security strategy.

10. Have you ever faced any gender discrimination in your career? What do you think about women in cybersecurity?

As per my experience, gender is not an issue, and a lot of people in the industry want to see more diversity. Being treated equally and judged on the quality of the work and the level of expertise rather than anything else is by far the most common experience for me.

11. Do you think the Indian Government should implement some new rules or laws to prevent cybercrimes? If Yes, then kindly mention what it should be?

Many Rules, Many Challenges. I feel the Indian Government should have more judiciary who are aware of cyber security and its challenges. They should be a single point of contact for cybercrimerelated issues. They should work together with various sectors to create awareness and look at new tools and technologies to curb the new threats and risks.

12. To explain the scarce presence of women in cybersecurity, one study shows that 52% of them do not have any interest in computing and therefore discarded developing a professional career in this field. You are a good example of a professional who has not had to take a STEM career to become specialized in computer security, what is it that attracted you to this field? Why you’ve decided to pursue Information Security as your career option?

A career in Information Security can lead you to many different specialized paths such as you can be proficient and specializing in compliance, legal, privacy, risk management, incident management, threat monitoring, etc. The most fascinating thing about this domain is that it is now attracting more personnel from various fields and also personnel with a wide diversity of interests by simply upskilling or reskilling.

https://www.amazon.in/ dp/9356109761?ref=myi_

https://www.amazon.in/

A AWoman Entrepreneur Is a Business Warrior

In recent times, there has been a growing movement to empower women entrepreneurs and support their success in the business world. Still, the language used to describe women entrepreneurs can occasionally immortalize dangerous conceptions and support gender bias. One common expression that’s frequently used to describe women entrepreneurs is” business legionnaire”. While this expression is meant to convey strength and determination, it can also be limiting and reductive. In this essay, I’ll explore the myth of the” business legionnaire” and argue that successful women entrepreneurs embody a wider range of chops and rates.

First, it’s important to unload what we mean by the term” business legionnaire”. The term implies that women entrepreneurs are engaged in a battle or struggle, and that they must be tough and aggressive in order to succeed. This language can be empowering for some women, who feel that they must fight against gender bias and demarcation in order to achieve success. Still, it can also be limiting, as it suggests that the only way for women to succeed in business is to be argumentative and aggressive.

also, the term” business legionnaire” reinforces the idea that business is a mannish sphere, where women must prove their durability and adaptability in order to be taken seriously. This can produce a tonefulfilling ratiocination, where women entrepreneurs feel that they must borrow stereotypically mannish traits in order to succeed. This can be dangerous, as it can lead women to suppress their authentic characters and immortalize gender bias in the business world.

rather of immortalizing the myth of the” business legionnaire”, we should fête that successful women entrepreneurs embody a wider range of chops and rates. For illustration, creativity is a crucial skill for any entrepreneur, anyhow of gender. Women entrepreneurs have been responsible for some of the most innovative and successful companies in recent times, from sew Fix to the Honest Company. These women have used their creativity to identify new request openings and develop unique business models.

In addition to creativity, successful women entrepreneurs must also be professed at managing their time and coffers effectively. This requires a combination of strategic thinking, prioritization, and delegation. Women entrepreneurs must be suitable to balance their work and particular lives, and they must know when to ask for help or delegate tasks to others. This is a critical skill for any entrepreneur, as it allows them to concentrate on the most important aspects of their business and avoid collapse.

Another crucial quality for women entrepreneurs is adaptability. Women entrepreneurs frequently face unique challenges, similar as gender bias and demarcation, and they must be suitable to persist in the face of these obstacles. Flexible entrepreneurs are suitable to bounce back from lapses and learn from their failures. This requires a growth mind set and a amenability to take pitfalls and try new effects.

Networking is also a critical skill for women entrepreneurs. Building connections with other business possessors, investors, and assiduity leaders can open up new openings and help entrepreneurs to grow their businesses. Women entrepreneurs can profit from joining women-focused business associations and attending networking events to connect with other women in their field. This can give them with a support network and access to coffers that can help them to overcome challenges and achieve their pretensions.

Eventually, successful women entrepreneurs must be suitable to acclimatize to change and stay on top of trends in their assiduity. They must be lifelong learners, constantly seeking out new knowledge and chops to ameliorate their businesses. This requires an amenability to take pitfalls and try new effects, as well as a commitment to ongoing literacy and development.

In conclusion, while the term” business legionnaire” may be empowering for some women entrepreneurs, it’s important to fête that successful women entrepreneurs embody a wider range of chops and rates. Women entrepreneurs must be creative, resourceful, and professed at managing their time and coffers. They must also be flexible, professed at networking, and adaptable to change.

Vatsal Exports LLP

A Rising Torchbearer Revamping the Indian Textile Industry with Sustainability and Innovation

The centuries-long aura of the Indian textile industry is woven with the threads of tradition, heritage, and surreal artistry. Countless stories of craftsmanship have been carried forward for generations. Whether it is the vibrancy of handwoven embroidery or the feel of dreamy fabrics, the Indian textile industry breathes the essence of a culture that the entire world is in awe of! The industry is not just a prominent part of the trade but unravels a magnetic journey of persistence, loyalty, independence, and patriotism.

Being a comprehensive solution provider for diverse textile requirements that includes offering knitted fabrics, garments, and 100% cotton yarn with modern facilities, Vatsal Exports LLP is escalating the charisma of the Indian textile industry to new heights. Vatsal Exports LLP serves customers around the world with its global appeal and international clientele. Through the export of its eminent goods to more than 10 countries, the company has established a reputation for quality and class. Globally, they provide the most refined and premium-quality product sourced from Gujarat, India. The editorial team of Prime Insights had the delightful opportunity to have Mr. Vatsal Gaudani, Managing Director of Vatsal Exports LLP, join in for an enthusiastic conversation about his entrepreneurial journey in the Indian textile industry. We also had a close glimpse of the strategies he implemented to etch numerous chapters of excellence in the Indian textile industry and expand his brand on a global pedestal. We invite our readers to tune in for today’s fascinating read as we strive to feature Mr. Vatsal Gaudani’s brand under the exclusive segment “Most Innovative Company of the Year 2023”

Back to the Inception Days

As a competent, young, and high-spirited techno-savvy individual, Mr. Vatsal Gaudani had a strong admiration for Indian cultural heritage. It was his admiration that motivated him to become a textile entrepreneur. The inspiration to start his company came from a deep passion for fabrics, creativity, and the desire to make a positive impact. He saw a wonderful opportunity to combine his admiration for textiles with his entrepreneurial spirit, and that’s how the idea was born. He envisioned building a company that wouldn’t just create textiles but would also embrace sustainability, innovation, and top-notch quality. Right from its inception, an ardent emphasis was laid on propagating the use of eco-friendly materials and processes. This wasn’t just a business opportunity; it was a chance to make a difference in an industry that sometimes overlooked its environmental footprint.

Overcoming the Hardships

Joining the dots of the company’s vision, developing streamlined action plans, and understanding the huge canvas of the textile

business were the early obstacles after entering the field. As the textile industry is quite saturated, making an impact as a startup and providing quality services throughout the market were the challenges at the forefront. Mr. Vatsal Gaudani also talked about the efforts he continues to invest relentlessly in building a team that aligns with his organization’s vision, mission, and culture aspirations. Nevertheless, Vatsal Exports LLP defied all the odds in such a short period and progressed significantly.

Cementing Genuine Alliances with the Customer Base

Vatsal Exports LLP is peculiar about nurturing unshakeable relationships with customers for its long-term success.

• The team ensures that the products meet and exceed customer expectations. They are vocal about the client’s production processes, sourcing of materials, and any sustainable or ethical practices used. Such high standards of transparency build credibility and show that there is nothing to hide.

Mr. Vatsal Gaudani Managing Director Vatsal Exports LLP

• Customer communication is another essential protocol that is kept under rigorous check to address customer inquiries, feedback, and concerns professionally.

• Delivering products under strict deadlines to consistently meet the commitments made with customers.

• Vatsal Exports LLP is predominantly focused on inculcating eco-friendly practices. The company also adheres to ethical standards, such as fair labour practices and responsible sourcing.

• The team keeps them updated with industry trends and finds opportunities to implement innovative technologies. When customers see the company’s commitment to staying relevant and fresh, they are more likely to trust the brand’s ability to deliver modern solutions.

• By building relationships with clients beyond just transactions, the team offers personalized services, loyalty programs, and partnerships to win customers’ trust on grounds of authenticity and integrity.

“In today’s age of increasing information access and heightened awareness, consumers’ trust in brands has indeed undergone an evolution. While it’s true that mistrust can be prevalent due to factors like misinformation, unethical practices, and past experiences, consumers are also becoming more empowered when it comes to evaluating and trusting brands.

As a textile entrepreneur, we’re making our mark with a customer-centric approach, continuous improvement, innovation, and sustainability efforts, and in the industry. The connection between our clients and our company is a cornerstone of our business approach. We prioritize building strong and meaningful relationships with our clients to ensure they feel valued, understood, and supported throughout their journey with us,” says the Managing Director, Mr. Vatsal Gaudani.

Dynamic Marketing Initiatives

For marketing initiatives, Vatsal Exports LLP extensively participates in textile trade shows and exhibitions. In these exhibitions, the company provides its textile samples and swatches. This provides direct exposure to industry professionals, buyers, and potential customers. These textile samples are offered at a bare minimum cost, which allows the customers to have a thorough feel of the quality and texture before making a purchase.

The Promising Future Prospectus

This year, Vatsal Exports LLP is imperatively focusing on sustainable development. Products under Vatsal Exports are made with at least 80% sustainably sourced cotton and 50% recycled polyester. The company is also looking forward to initiate the production of garments made with different natural fibers to cater to its clientele worldwide. Presently, the company’s associate manufacturing units possess a facility with 27360 spindles and a capacity to produce yarn by 23 metric tons per day. However, with

increased client demand, Vatsal Exports LLP is working diligently to increase its yarn production by 50 metric tons per day. This milestone will be accomplished by increasing the installation capacity to 54320 spindles by April 2025. These units are also equipped with the latest stitching technology and are capable of producing 28000 garment pieces per day.

Enlightening Words for Aspiring Entrepreneurs

Towards the culmination of the interaction, our editorial team requested that Mr. Vatsal Gaudani share some knowledgeable nuggets about entrepreneurship with our global readership panel. Here are the words the dignitary quoted from his book of experiences and lessons:

“Instead of simply expanding your firm, become an industry pioneer. Introduce action plans to reshape the industry’s skyline. We are all learners, which means you must be willing to help others evolve as well.

My entrepreneurial journey started with identifying a passion, a problem to solve, or a unique idea that I believed could make a difference. The entrepreneurial journey can be a dynamic and rewarding experience, often characterized by challenges, learning opportunities, and growth. I always stayed adaptable, open to learning and unlearning, and persistent in achieving what I desired. And now it’s a smooth sail.”

How Physical Activity Can Change Your Life in 10 Ways

Introduction

In today’s time, our lifestyle has become extremely hectic and we barely get time for ourselves. With the hectic life schedule, we have started ignoring the indications that our body gives and eventually come into contact with the disease. To stay healthy and away from the receiver only physical activities can help us. physical activities are very important for our health and have mental and physical benefits. In this article, we will understand deeply the importance of physical activities and how we can make them part of our daily routine.

Advantages of daily physical activities

Improved cardiovascular health

Physical activity plays an important role in the cardiovascular system in our body which includes blood circulation blood vessels and the heart. Physical activity can help to reduce the risk of heart disease and other cardiovascular diseases. Physical activity strengthens the heart muscles as it challenges the heart to work harder which enables it to deliver oxygenrich blood in the body more efficiently. it also promotes moon blood circulation and improves the flexibility of veins and arteries.

Weight management

Weight management is very important for the human body it has adverse effects in life. we all must have seen people around us who have gained a lot of weight and now suffer from severe diseases, and are unable to lose weight. heavyweight leads to a decrease in our efficiency in doing the work as most of the time we feel lazy or lethargic. Physical activities help our body regain strength and help it to reduce fat by burning calories. weight loss is not fully dependent on physical activities but it can be achieved through a proper healthy diet and regular physical activity. For weight loss, you can simply indulge few activities in your routine such as 40 minutes of walking or running. Wait for

management is not only about weight loss but it is more about having a healthy body and sustaining it for a longer period.

There is a myth that only a person who is heavyweight needs to work or do physical activity, but this is wrong. For a person to stay healthy and sustain a healthy weight, they need to do physical activity daily.

Bone strength

Daily exercise helps to make muscles And bones stronger. physical exercise is very important for building a strong bone structure, When we are young find everything easy to do but maintaining bone strength will help us when we get older. Bone is also termed as a living tissue that changes over time and usually we have seen that all people find it difficult to walk or to do any work properly. physical activities help to make bones more denser. the improvement in bone strength not only requires regular exercise but also a good nutritionrich diet including calcium and Vitamin D.

Improved Flexibility and Mobility

Improvement in flexibility and mobility please that a body can move more easily and comfortably. Flexibility is more about how our muscles and joints can stretch so that we can bend without feeling stiff and painful in our body. Doing daily physical activity can help to work on our body’s flexibility for better stretchiness. When you have good mobility you can move freely and your body will become more flexible. It will help you to do everyday bending, reaching, or bending without any pain or feeling uncomfortable. Hence Improving flexibility and mobility is one of the incredible benefits of physical activity.

Mental health

Physical activity has amazing benefits not only for our body but also for our mental health, it is just like giving our mind a great happy and big hug. When we do activities daily such

as walking, playing our favorite sport, etc.. At that time up brain releases some chemical that makes you feel less anxious and stressed. The chemical helps to calm ourselves and bring happiness to the mind.

Physical activity not only helps your body to work properly but also your brain. Doing physical activities daily helps your brain to get more focus and chopper. when you feel happy from inside and outside you will start feeling better and more positive.

Better metabolic health

Daily physical activity also helps to maintain better metabolic health for our body’s Metabolic process to function properly. The metabolic process in our body is mainly responsible for converting the food that we eat into energy and breaking it down into essential molecules. A healthy metabolism will help you to maintain balanced body weight and blood sugar levels.

Let us understand the metabolism process more deeply it involves a series of complex chemical reaction that occurs within our body cells. When you eat your body breaks down the carbohydrates fats and proteins that are present in your food into smaller molecules. are used as fuel for our bodies to function properly. A healthy metabolism will help us to lose weight faster and two maintain it in the longer run. It also helps to regulate the blood sugar levels.

Immune system support

Physical activities help to build a strong immune system. Improving the immune system refers to the practice that is aimed at strengthening our body’s defense mechanism, in easier ways how well our body fights back to the germs and injections. A well-functioning immune system in our system works like a shield that protects a body against harmful bacteria, viruses, etc.

To boost your immune health you need to maintain a healthy balanced diet which should be rich in vitamins, minerals, and antioxidants that will help your body work effectively.

Social Benefits

Daily physical activities provide us with a platform to meet new people and interact with them. This will enable you to overcome your fear of people and boost up your confidence.

Physical activity will help you feel good about yourself and the people around you. If you ever felt lonely then you should try going out and doing some exercise.

Better Sleep Quality

Physical activity also plays an important role for us to regulate your body’s natural sleep cycle. Studies have also proved the fact that better sleep is crucial for our brain and body to function properly. When we exercise, our body temperatures rise and after completing the exercise this temperature gradually goes down which helps us to sleep. As we have even discussed physical activity can help us to reduce anxiety and stress, which are the main reason for lack of sleep and when these reasons are cured, It will become more easy to sleep. However, it is recommended to exercise earlier in the day or at least 3-4 hours before bedtime so that it could help to promote sleep. However, according to some people they find exercising just before going to bed more convenient to sleep. Hence it is all dependent on person to person and you must try and see what works best for you.

Longer lifespan

Physical activity is very much linked with a longer lifespan as per some studies. Even in surveys, it is found that people who are more physically active live longer and stay healthier. This is because people who do daily exercise or any physical activity reduce their chances of getting in contact with any chronic diseases like heart disease, stroke, some types of cancer, and type 2 diabetes. These people maintains a healthy body weight and a strong immune system which also helps them to fight back any diseases or injection.

Conclusion

It is now high time that we all should start understanding the need to take care of our bodies. If you ever feel demotivated just remember that your body is like your baby who needs proper attention so that it can stay healthy throughout. If you feel from when and where to start just start from today itself and yes don’t become harsh on yourself. Keep rewarding yourself every time you hit your realistic goal.

Introducing Mr. Vinay Agastya

The Visionary Behind a Game-Changing Approach to create immersive mediums, Where Complexity Meets Simplicity

WWhether it is revolutionizing the entertainment industry by creating magnificent gaming experiences, immersing in the world of enthralling movies, creating holistic learning infrastructure for students to evaluate complex real-time problems, or empowering the global healthcare sector, these technologies have brought an immense wave of disruption, and there is certainly no doubt about it! The potential applications of AR, VR, MR, and XR are another topic of elaborate discussion.

Holding a serene respect for the entrepreneurs who are empowering the Indian ecosystem by introducing these technologies, Prime Insights brings an exceptional vagabond of a leader and his brand with a vision that our readers will admire to the fullest. The brand in focus for today is Ctruh!

With Ctruh’s versatile no-code editor, users can easily craft immersive virtual reality (VR), augmented reality (AR), and mixed reality (XR) environments without needing any coding expertise. Ctruh’s user-friendly application guides them through a simple six-step process, making the creation of virtual storefronts quick and straightforward. By reducing the time and technical barriers typically involved in creating such immersive experiences, Ctruh is paving the way for businesses to effortlessly embrace the dynamic world of VR, AR, and XR. The tool comes with amazing features like offering 3D objects in real-time, terrain building components, spatial audio integration, and many other advanced features. These features create a seamless experience when building more advanced virtual reality environments as well. Ctruh’s editor operates directly from a browser, eliminating the need for heavy computational systems typically required to design immersive worlds. The editor simplifies the creation of rich VR, AR, and XR experiences, tailored in a way that even those without a hint of programming knowledge can craft these virtual realms swiftly and effortlessly.

Ctruh has a mission to empower everyone to unleash their creativity and bring their ideas to life in the immersive world. Their mission is powered by a vision that the future of design and creativity lies in immersive mediums. Ctruh is dedicated to making this world accessible to everyone, regardless of their technical background. With its user-friendly and intuitive no-code platform, the company aims to break down the barriers of entry and make it possible for anyone to design, create, and publish their own 3D experiences.

Prime Insights had the opportunity to interact with the honorary entrepreneur, Mr. Vinay Agastya, CEO and Founder of Ctruh. The dignitary shared his experiences and walked us through the vibrant chapters of his entrepreneurial journey. An innovator with over nine years of experience in product management, go-to-market (GTM) strategies, and growth hacking, Mr. Vinay Agastya has expertise in identifying and solving complex business challenges.

Mr. Vinay Agastya CEO and Founder of Ctruh

The conversation had numerous insights and knowledge about the dynamism of Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR) technologies. Join us as we feature Mr. Vinay Agastya’s entrepreneurial tale under the captivating editorial release “Most Ambitious Leaders of the Year 2023.”

Let’s Hear the Inception Story from the Luminary!

“The advent of smartphones and their widespread adoption are largely attributable

to the democratization of technology. This democratization has been made possible by several no-code tools that have significantly lowered the entry barrier for businesses to reach out to their audience. With the availability of no-code editors like Wix, building a website has become more accessible, eliminating the need for coding. Similarly, tools like Canva have changed the way people think about 2D design by providing an alternative to complex software like Photoshop for social media campaigns and other design needs. The success of the smartphone revolution can be attributed to such no-code tools, which have made technology more accessible and user-friendly. While the concepts of augmented reality (AR), virtual reality (VR), and extended reality (XR) have been around for over a decade, the adoption of these technologies has been slow. One of the primary reasons for this slow adoption is the difficulty involved in creating 3D content or immersive experiences, which typically require complex coding skills. As a result, there has been a dearth of content for immersive worlds, impeding the growth of these technologies. However, with the emergence of no-code editors, there is now an opportunity for businesses and individuals to create content for immersive worlds, without going through the complexity of 3D content creation. Hence, evaluating the market gap for these realities, I laid the foundation of Ctruh to pave the way for a new era of technological innovation, enabling individuals and businesses to participate in the creation of 3D content and immersive experiences.”

Mr. Agastya’s Take on the Rising Popularity of No-Code Editors

“As someone deeply invested in the evolution of technology, I’ve observed how no-code editors are reshaping our engagement with technology. By democratizing the technology landscape, these tools are breaking down the traditional barriers to entry in various industries. This accessibility not only broadens the user base but also allows a more diverse set of creators to contribute to the narrative of our digital future. With platforms like Ctruh leading the charge, we’re witnessing the democratization of immersive content creation. The unprecedented merger of our digital and physical worlds through AR and VR signifies a realm where anyone, irrespective of their technical prowess, can craft, interact, and truly immerse. It’s a thrilling time, and no doubt, no-code platforms like Ctruh will play a pivotal role in sculpting the tapestry of our shared virtual future”

The Organizational Culture

Ctruh is grounded in a commitment to prioritize work-life balance for its workforce. The company offers flexible schedules and remote work options, enabling the team members to maintain a harmonious equilibrium between their personal and professional lives.

Furthermore, Ctruh is evident in recognizing and celebrating the achievements of its team members, both big and small. This boosts morale and fosters a sense of accomplishment among them. The culture encourages skill development and growth through continuous learning opportunities and seminars to strengthen their existing skillset. Open communication and transparency are ensured in all walks of business operations so that everyone’s opinions and ideas are valued. Regular team meetings and one-on-one sessions allow everyone to address concerns and encourage constructive feedback.

Confronting the Challenges

Ctruh stays ahead of market trends by actively engaging with its user community, monitoring industry developments, and maintaining a flexible development approach. Regular feedback loops and continuous learning help the team adapt the Ctruh platform to evolving user needs.

Although every business journey has its set of challenges, Ctruh’s commitment to democratizing immersive mediums fuels its determination. The team has been consistently delivering benchmarks of creativity and accessibility in the immersive design landscape. In addition to it, Ctruh places significant emphasis on Research and Development to innovate services, refine existing features, and stay competitive. By investing in R&D, the platform keeps up with technology and user expectations, driving long-term success.

Nuggets of Entrepreneurial Wisdom

“To business leaders finding themselves mired in stereotypes, remember that success is forged by breaking barriers. Embrace your unique perspective, challenge preconceptions, and let your achievements shatter stereotypes. Your journey inspires others to overcome obstacles, fuelling innovation and driving change. Believe in your dreams, and lead by example; you have the power to redefine norms and create a brighter future. Just as I find inspiration in others, I encourage them to find role models and mentors who can guide them on their own journeys of growth and achievement.”

The Vision Ahead

Ctruh’s overarching vision is to craft applications that seamlessly bring immersive mediums to the forefront of everyday interactions. Our goal is to simplify these applications to such an extent that they dismantle traditional barriers, ushering in a new era where individuals can engage with content in revolutionary ways. While we are dedicated to crafting use-casespecific applications, a significant thrust of our strategy involves embedding these application features into our no-code, webbased editor. This not only democratizes access but also inspires users to explore uncharted territories of immersive mediums. Over the next several years, Ctruh seeks to empower individuals and businesses, irrespective of their size, to harness the potential of 3D, AR, VR, and XR technologies. By establishing ourselves as the go-to no-code platform for immersive content, we aim to foster widespread adoption across varied sectors. Through steadfast collaborations with visionaries—be they entrepreneurs, educators, or creators—we envision a world where AR, VR, and XR technologies enhance user experiences, sidestepping the usual hurdles of coding expertise or exorbitant investments. Ultimately, we believe this direction will pave the way for innovative revenue channels, enrich business models, and fuel economic progression.

A Note to the Readers

Coming towards the end of the conversation, we asked Mr. Vinay Agastya to enlighten our readers with a few knowledgeable insights, which he shared:

“To the readers of Prime Insights, remember that every challenge is an opportunity, and every setback is a chance to learn and grow. Embrace innovation, stay curious, and persevere in your pursuits. Your dedication and creativity have the power to shape industries and drive positive change. Keep pushing boundaries, and believing in the transformative impact of your ideas.”

The Inspirational Journey of Sandeep Maheshwari

Table of Content

Sandeep Maheshwari is a person who has inspired millions of people about how to move ahead in life and what we can do to achieve our goals. You all might have seen him in videos or on any social media platform where he is motivating people in seminars. In today’s blog. We will talk about him and his early life. So get a deeper understanding of who was Sandeep and what his life looked like.

Life before fandom

Sandeep was born in New Delhi on the 28th of September 1980 when he was a child, he was an introvert who was extremely shy to express himself until his class 10th. But when he was in class 11th he met Neha, his now wife, and back then they became friends and since then she has helped him a lot to gain confidence with time. After he completed his class 12th, he joined Kirori Mal College for his undergraduate course but was not able to complete it due to personal problems.

Due to his worst family conditions, after completing class 12 he opened his first company which was a help Center to actually help 12th class students to decide in which professional path they should go.

The actual change

Sandeep was very sharp with his business mindset that showed when he was just 13 he used to rent a scooter which he received as a gift troubles father. He used to charge Rs 50 for an hour from his friend to ride his girlfriend.

When Sandeep was 19 years old, He was always interested in the world of modeling and began his career in modeling. But when

he saw the exploitation and abuse that models have to face, He decided to make his career in photography and help aspiring models to work without any harassment.

With an emerging passion for photography, Sandeep Maheshwari decided with his friend to open a portfolio company which they named Mash Audio Visuals Private Limited but their luck didn’t work that time and the company had to shut in 2002

Even after failing the dedication of Sandeep Maheshwari didn’t allow him to stop he tried once again in 2003 and opened a consultancy firm and launched a book on marketing but even after trying once again, he had to taste failure and eventually returned to the field of photography.

Turning point in Sandeep’s life

Now after trying everything, Sandeep came on with the idea of an images bazaar in 2006, as this idea was not that big and Sandeep knew that there could be a chance of failure. so he started multitasking as a counselor, telemarketer, and photographer. As time passed and he continued his hard work, finally the day came when His work was praised all around the world as per the data Images Bazaar is one of the largest hubs to get Indian pictures which have more than a million images and over 7000 Client with whom they work.

Later in life after doing well in business and becoming a successful entrepreneur, he started serving as a guide, mentor, or teacher for millions of people. He started admiring people to do well in their lives and how they can achieve goals. By the time he started motivating others, people started liking his speech and felt that his words could relate. Sandeep has only one vision, which is to make the lives of others easy and to make them believe in themselves. People started believing in themselves and Sandeep in no time gained a huge audience. Sandeep owns two YouTube channels named ‘Sandeep Maheshwari’ and ‘Sandeep Maheshwari spirituality’ as of now.

Sandeep’s personal life

Sandeep Maheshwari gives credit to his wife for the success. Ruchi Maheswari, who he always says is the love of his life. Even in his seminars when asked, he always said he is incomplete without her. Sandeep and Ruchi are the parents of two children. One of the major incidents of his life which many people might not know that when YouTube launched the policy of monetising every YouTube channel so that creators could earn from YouTube. Sandeep declined the offer and was ready to change

the platform; both of his channels are not monetized. That means he earns zero pennies from them even after having millions of subscribers, which clearly shows the generosity of Sandeep.

Sandeep’s remarkable work

Sandeep Maheshwari Besides having a successful business also has a keen interest in writing self-help books such as a small book to remind you of something big !, Multiple names of the one that cannot be named. Some of the best-selling books of Sandeep Maheshwari are The Goal: A Process of Ongoing Improvement, Motivation, Life without Limit: Inspiration for a Ridiculously Good Life, and Personality 3rd Edition.

Award and Honours received by Sandeep Sandeep has won various awards and was recognized by various respected dignitaries for his work. Sandeep was awarded by the British Council as the Young Creative Entrepreneur, Star Youth Achiever award which he received from a global youth marketing forum. Many valuable news channels also featured Sandeep such as ‘India Today’, ‘NewsX’, and ‘The Economic Times’.

Earning source

Sandeep Maheshwari’s mainstream income is from the sale of images on Images Bazar and through the sponsorship of YouTube. We can’t exactly tell about how and what he made from YouTube. His other source of income is through seminars, college and office programs, etc. where people invite him to help others.

Lesson learned

As we have discussed Sandeep Maheshwari’s life we have learned the lessons that what you’re doing today will definitely help you to reach your goals.

Here are a few lessons that we can learn:

• Never lose your confidence as confidence is the key to success.

• Make friends who help you to grow in life and not those who want to destroy it.

• Always respect others and when you become something, keep helping others.

Conclusion

We hope that you enjoyed reading this blog about Sandeep Maheshwari and his life. You all might be up to something but don’t forget that nothing can stop you if you have the power to fight against the negativity. Remember, The first person who can inspire you is you.

Mr. Pukhraj Sethiya Founder and COO

ReVal Consulting Private Limited was established in April 2022 by industry veterans to provide comprehensive solutions to overcome technical, financial, and commercial challenges in the mining and mineral sectors. ReVal Consulting, the brainchild of two dignitary entrepreneurs, Mr. Kumar Rajesh Singh, and Mr. Pukhraj Sethiya, is etching new benchmarks of excellence in redefining the Indian mining industry. The vision cemented in the roots is to curate innovative and sustainable mining solutions at large through resource conservation, enhanced recovery, and the least cost to reduce carbon footprint.

MR . PUKHRAJ SETHIYA

An Industry Maven Upholding a Legacy of Innovation in the Indian Mining Industry

The company synchronizes the entire life cycle of the mining business. Whether it is locating the potential mineral zone, feeding minerals to the plant, or dispatching the minerals, ReVal Consulting Private Limited intends to bring together strategic, management, commercial, financial, and technical skills to operate mining projects in various geographies and across different minerals.

ReVal Consulting is collaborating with renowned business conglomerates, mid- to small-size mining clients, government agencies, and companies that are planning to enter the mining sector both in India and overseas. At present, ReVal Consulting serves over 20 clients across diverse business sizes and profiles, including most of the major Indian companies in the mining sector.

To unveil many lesser-known facts about ReVal Consulting and explore the realms of the Indian mining industry, our editorial team invited Mr. Pukhraj Sethiya, founder and COO at ReVal Consulting Private Limited, to have an illuminating conversation. Our team had so many inquisitive questions to explore the entire brand journey of ReVal and gain valuable lessons from his entrepreneurial stint so far. We are elated to feature Mr. Pukhraj Sethiya’s entrepreneurial journey under the enticing release “The Most Inspirational Leaders in Business to Look Out for 2023”.

Back to the Inception Roots

The inception of ReVal stems from a fundamental idea: “Revalue and revalidate the business landscape and extract more value.”

Both the founders observed that existing consultants would bring their specialized skills in management or technology, but few effectively connected the dots by integrating various capabilities and delivering comprehensive solutions to clients. The responsibility of connecting the findings and recommendations from various experts across different fields fell on the shoulders of management. However, Mr. Kumar Rajesh Singh and Mr. Pukhraj Sethiya noticed numerous areas where competency and capability were lacking. Motivated by the need for a more integrated approach, they established ReVal.

“We aimed to bring together the combined competencies of technical, management, financial, and commercial expertise under one roof. Rather than tackling problems in isolation, we sought to provide holistic solutions that would deliver the best value to our clients. Roughly 15 months ago, we embarked on this journey, and within a year, we had the privilege of working with nearly every major client and company in our sector. We’ve initiated multiple projects with our clients and worked on them simultaneously, demonstrating our agility and commitment to detailed execution,” says Mr. Pukhraj Sethiya.

Prioritizing a Healthy Work-Life Balance

We asked Mr. Sethiya about his tried-and-tested mantras to maintain a healthy balance between professional and personal fronts. He believes in the integration of personal and professional lives.

“I have always attempted to align my work with my passion, which I believe is necessary to enjoy a professional life. So I prefer to diligently schedule my professional and personal priorities together to find ample time for both sides of life. I also plan my actions before starting the execution of work, which allows me to keep track of my daily goals. Lastly, as a senior person in the organization, I focus more on delegating, empowering teams, and guiding my workforce for effective execution. I show faith in the potential of my workforce and let them work under the necessary guidance and freedom.

While it is important to organize one’s professional life, I also prefer to set the right expectations with my family and make them understand my professional commitment. I have been very grateful to have a supportive family to help me manage my professional work as well as my personal life.”

Confronting Entrepreneurial Challenges

As the business ecosystem is competitive, every business leader, irrespective of their domain, has to face different kinds of struggles that are generally known to the person himself. Mr. Pukhraj Sethiya’s 15 years of professional life working as an employee taught him indelible lessons of success:

• Exhibiting perseverance while exploring opportunities.

• Setting high goals and keeping low expectations.

• Avoiding early celebrations. and having patience until the end goal is reached.

• Learning from failures and moving on with valuable lessons.

• Building a high-performing team who is always ready for new challenges.

• Building a supportive circle of friends and having the guidance of dedicated mentors in life.

Exploring and Learning New Trends is the Only Constant

For a consulting firm, having sound knowledge of the brewing market and continuous learning are the keys to continued success. While Mr. Sethiya emphasizes pouring in conscious efforts to learn new areas, most of the learning he does is an integral part of his organization’s work.

To understand market trends, the dignitary’s trusted source regularly connects with industry leaders. Their thought processes and ideologies give him insights into accepting and incorporating the latest market trends in business operations.

Feathers in the Cap

ReVal is emerging as an acknowledged name in mining sector consulting in India. The company has endorsed over 50+ engagements in under 15 months and has worked with almost all the leading companies in India. Solving complex engagements with the utmost proficiency has elevated ReVal’s position in the market. There are many other success stories to be talked about, and ReVal is grateful to its dedicated team, which is always ready to face and overcome numerous challenges.

Progressive Planning for the Future

Talking about ReVal Consulting’s future, Mr. Pukhraj Sethiya affirms his organization’s bright future.

“India as a country has many opportunities, and the younger generation is more energetic, brighter, full of ideas, and courageous. In such a sweet spot, I see the future of ReVal as bright, and we are already on the path to being the preferred consulting organization in the mining sector in India. We are gearing up to explore other industries. We see ourselves working with our clients not only on conceptualization but also on the implementation of projects. Further plans are to explore crucial opportunities to go global and spread our horizons!”

Empowering Words from the Luminary’s Desk

As we approached the wrap-up of our conversation, our editorial team extended a serene gratitude to Mr. Pukhraj Sethiya for sparing his valuable time and joining us. We asked the luminary to share some words to inspire and fuel the motivation of our extended family. Here is what he quotes:

“My message to upcoming industry leaders and Prime Insights readers would be to be open to listening and learning from everyone. It is important to understand that there are no shortcuts to success. The process itself is integral to growth, and setbacks and challenges are inevitable. It’s okay to encounter setbacks, losses, or unmet expectations. Instead of becoming disheartened, embracing these experiences as opportunities for course correction and learning is crucial. Rather than dwelling on what didn’t work out, focus on understanding what went wrong and using that knowledge to improve. Results take time, and short-term achievements don’t always guarantee long-term success.

It’s essential to remain grounded, humble and committed to achieving long-term goals and aspirations. Being open to different perspectives is crucial, as not everyone may share the same views or opinions. Lastly, but most importantly, prioritize the needs of your customers, clients, team, and family above your own. Success is interconnected with the support and satisfaction of those around you. At the end of the day, it is the collective effort of the team, the support of family, and the happiness of clients that contribute to personal success.

To walk difficult paths, one needs to be focused, which reminds me of the quote,

“Great minds discuss ideas. Average minds discuss events. Small minds discuss people.

So let’s not get distracted by stereotypes or the opinions of others and march staunchly towards our ambitions.”

How to Navigate the Stock Market: A Beginner’s Ultimate Guide to Investment Success

Introduction

The stock market is a challenging process to understand even more challenging to make money from it. It keeps on changing and no one can predict the exact result of it. But if you have an adequate stock market you can earn a very good amount and can have an active income from it.

In today’s article, we will discuss how you can start your journey in stock in the stock market and understand the risks that are involved in it, its benefits, and all the basic terms you need to know before diving into this market.

Table of content

1. Introduction

2. What is stock market?

3. Importance of stock market

4. What is the stock market exchange?

5. Types of stocks ( common v/s preferred )

6. Understanding Stock Ticker Symbols

7. Market Orders vs. Limit Orders

8. Steps to start you stock market journey

9. Conclusion

What is the stock market?

The stock market is a marketplace that comprises investors, companies, and shares. In the stock market companies raise capital for their business sell some shares of their business and after accessing the company’s capabilities of profit and losses people buy those shares. Buying a share of the company helps the business to work effortlessly and gives a sense of ownership to the investors.

The investors after buying the share become a part of the company and also they will have a share in the company’s profit and losses. Hence if you analyse the stock market sharply you can able to get a good rate of return from your investment.

Importance of the Stock Market Capital Formation

To expand any business capital is required and it is not possible to maintain a big company as well as to put a large amount into its expansion. Hence these companies sell the shares of their company so that they can get the money for research and development and in return their company’s profit is also shared with the investors.

Investor Opportunities

Human needs can never be fulfilled and sometimes our needs are not fulfilled by our regular source of income. This is when the stock market can help us to get extra income from our savings by investing in leading stocks and in return getting satisfying ROI.

Liquidity

Stock are high in liquidity which means you can easily buy and sell them anytime you want during trading hours on the stock exchange. Liquid assets or high liquidity means those assets that you made from your income that can easily be converted into cash when you need it in an emergency.

Diversification

The stock market also ensures that the investor can have a wide variety of options to choose from. This will help all the sectors to grow as well as give the investor a fair chance and a sense of security. if the stock in one sector performs poorly, the investors will have a stock can another sector that might do well and their loss can be cured.

What is a stock exchange?

A stock exchange is an organization that lies in the stock market. It is a regulated market that ensures there is no fraud and cheating. They have some pre-defined rules which help to save the rights of both investors and companies. Every country usually has its stock exchange with different rules.

Some examples of the stock exchange are:

• The New York Stock Exchange (NYSE)

• NASDAQ

• London Stock Exchange (LSE)

• Tokyo Stock Exchange (TSE)

Types of Stocks (Common vs. Preferred)

Common Stocks

Common stocks are very commonly available in the market for investor as their name suggests. They give a sense of owning a piece of the company and they have the right to be involved in some of the crucial decisions of the company. It involves a high amount of risk and dividends are not compulsory. Their main advantage is that their value keeps on growing and investors can expect a good gain from them, Also they are very high in liquidity.

Preferred Stocks

Preferred stocks also provide a sense of ownership but you don’t have the right to involve in any decisions of the company and the company is not liable to take your advice. They are less liquid as compared to common stocks but involve lesser risk. People who want to have a secure income can opt for it as they will receive predicted dividends before common stock investors. Preferred stock values increase but not to the same extent as common stocks.

Understanding Stock Ticker Symbols

Ticker Symbols

A ticker symbol is like a short or nickname of a company which represents that the particular stock is from that company. This can also be termed as a code or special word that represents and helps the investors to find the company easily in the vast pool of the stock market. For example, Apple Inc.’s ticker symbol is ‘AAPL’ which helps its potential investors to easily

find the saying, and without saying the full company’s name they can use that symbol while buying and selling that stock.

Use in Trading

Ticker symbols are used when placing stock orders. They help investors easily identify and trade the stocks of their chosen companies. These symbols are used to make the task easier for the people involved in the stock market. They can now easily place orders or trade the stocks by easily identifying them.

Market Orders vs. Limit Orders

Market Orders

Market orders are more like ordering the stock right away without conjuring the price point. Imagine when you go shopping and there you want something, you simply buy it without caring much about the price. The same goes for the stock market when investors make a quick decision and buy the stock there itself. The advantage is that you can be first in the race and get get good ROI. But sometimes due to quick decision making you need to take care of aspects otherwise you might end up paying more for the stocks.

Limit Orders

Limit orders are just the opposite of market orders here you can select the price at which you want to buy and can also put restrictions to not sell your stock below a certain price.

Steps to start you stock market journey

Educate Yourself

Start with understanding the stock market, stock exchange, etc. The first step you excel in anything you dive in is to have an ample amount of knowledge. You are new in this journey and many people might fool you hence you must do your research. You can read books, join seminars, read blogs, and also by watching videos.

Set Clear Financial Goals

To make your trading strategy you must need to know the objective behind doing this. You should determine carefully the reasons such as retirement, extra income, or mainstream work. This will help you to make correct decisions.

Establish a Budget

Before investing in stock you should make sure that this is the specific amount only for trading and that It will not harm your day-to-day expenses. As the stock market is quite risky hence you should always keep yourself on the safer side.

Create an Emergency Fund

You should not forget to make an emergency fund that you can utilize during periods of losses and unexpected expenses.

Choose the Right Broker

Select a reputable online brokerage that suits your needs. Search for low fees, user-friendly trading platforms, research tools, and educational resources. You should also compare different brokers to find out the one that matches your trading goals.

Open a Brokerage Account

After completing the application process you can open a trading account. During the process of account opening, you will need verification documents and need to provide your personal and financial details as per the rules.

Fund Your Account

Now you can start by transferring funds that you have decided to invest in your trading account. Every broker these days offers various options for transferring funds. You can choose whatever suits you from bank transfers to online payments.

Practice with a Demo Account

As you will be extremely new in this field, to help you many brokers have the facility of demo or paper trading where you can first get the practical knowledge through the virtual money. This will also ensure that you don’t end up wasting your hard-earned money.

Keep Learning and Monitoring

You need to have a great presence of mind and adequate knowledge. Keep learning about market trends, new companies, and the ones you have invested in. This will help you to keep up with the latest haggis and you will able to get high ROI.

Practice Risk Management

You should also implement risk management techniques, like setting stop-loss orders to limit potential losses. Always keep in mind to never invest more than you can afford to lose, and avoid making impulsive decisions.

Conclusion

Understanding everything about the stock market in one day or from a single blog can be challenging but we hope that you got to learn the basics of the market and how it works. We must recommend you be patient in this journey and not make emotional decisions while trading. We hope this blog adds value to your life. Let us know your views in the comment section. Happy learning.

Mr. Ayush Aggarwal

Catalysing Businesses with Seasoned Investment Strategies and Innovative Wealth Management Services

SMC Private Wealth, a part of SMC Global Securities Limited which is a comprehensive financial services company in India offering services across broking (equity, commodities, and currency), investment banking, wealth management, financing (retail and corporate funding), real estate advisory services, insurance broking (life and non-life), clearing services, depository services, mortgage advisory, and alternate investment fund (AIF).

The company brings together a comprehensive knowledge base with over two decades of experience to design customized solutions. The dedicated wealth managers at SMC are acknowledged for developing personalized wealth management strategies for the company’s clients by closely understanding their financial needs and goals. SMC Private Wealth’s investment solutions cater to the financial needs of high-net-worth individuals, retail clients, corporate houses, and financial institutions.

Prime Insights had the enticing opportunity to interact with a leader who is harmonizing people and processes and creating a symphony of excellence with his progressive ideology. Mr. Ayush Aggarwal | Director - SMC Group, who is currently serving as the CIO (Chief Investment Officer) - SMC Private Wealth (Division of SMC Global Securities Ltd.), joined us for an interactive conversation about his inspiring entrepreneurial stint over the years.

Mr. Ayush Aggarwal ventured into the investment field under the shadow of strong affluence and personal experience. Growing up in a family with a deep financial background exposed him to the world of business as well as the integrities of finance from an early age. His inclination towards capital markets and their potential to transform lives, motivated him to analyse more about wellthought-out investment choices. Mr. Ayush Aggarwal decided to pursue his aspiration of creating a place that not only adapted to the changing dynamics of the investment space but also provided personalized solutions.

His bouquet of knowledge is worth admiring and inspiring for numerous brilliant minds out there. Hence, we couldn’t miss the opportunity to feature Mr. Ayush Aggarwal’s story under the brand-new editorial release, “Youthful Visionary: CIO of the Year 2023”.

SMC’s Investment Philosophy

SMC Private Wealth’s investment philosophy revolves around a holistic and personalized approach. Just as every individual is unique, so are their financial needs and goals. The company adheres to the principles of asset allocation. Asset allocation involves distributing investments across different asset classes like equities, bonds, FDs, real estate, and cash to optimize the risk and returns of an individual. It’s about creating a tailored investment plan that aligns with the client’s goals, risk tolerance, and time horizon.

SMC Private Wealth considers the client’s financial objectives, age, fixed expenses, and risk appetite. A younger client aiming for growth might have a larger allocation to equities, while someone focused on capital preservation might lean more toward bonds and fixed-income assets.

To achieve this, the team employs a rigorous process that begins with Risk Profiling. By analysing client responses and assigning scores, a categorization of their risk appetite as moderate, aggressive, or defensive is performed. This provides a foundation for open communication, allowing the team to understand the client’s specific needs and preferences. In a nutshell, with these insights, a tailored asset allocation strategy is crafted. This strategy aligns with the client’s objectives, ensuring that their financial journey is guided by their requirements.

Mr. Aggarwal’s Tried and Tested Mantras for Success

“First and foremost, staying curious and always learning has been vital. The investment world is like a puzzle that’s always changing, and you need to keep up. Plus, having discipline and patience is huge for sticking to strategies. Risk management is another imperative approach to understanding and managing risks carefully.

I would also like to add that being open to innovation is a must. Markets evolve, and so should our approach. Being client-centric helps build trust and lasting relationships. Also, it’s a rollercoaster out there, so having resilience is the key. Lastly, ethics matter immensely. Transparency, honesty, and doing what’s right no matter what—that’s the foundation of my journey.”

“In the canvas of India’s financial landscape, Chief Investment Officers paint vibrant strokes of wealth creation and foresight with utmost precision.”

Mr. Ayush Aggarwal Director - SMC Group, Chief Investment OfficerSMC Private Wealth (Division of SMC Global Securities Ltd.)

Relentless Pursuits for Building an Astute Workforce

When discussing the essentiality of investing significantly in building the right workforce, the dignitary agreed with the fact that a cohesive and motivated team is crucial for any organization. The first step in team building is to emphasize a shared sense of purpose. SMC’s team knows that the company’s goal is to provide optimal financial solutions while prioritizing client satisfaction.

Regular communication with the workforce ensures everyone is on the same page. Keeping the workforce motivated is a priority, and recognition plays a significant role in it. SMC acknowledges achievements, whether big or small, fostering a culture of appreciation. Training and skill-development opportunities are also provided to enhance their capabilities. The work environment at SMC is one where employees’ voices are heard and ideas are valued.

Evolving to Stay Relevant in the Investment Market Environment

In today’s ever-changing market, it’s crucial to remain agile, and SMC Private Wealth achieves this by integrating several strategies. The team leverages the power of advanced analytics and algorithms to extract insights from massive datasets. This helps the team spot trends and market anomalies. The second action plan is to analyse market shifts, economic indicators, and global events. This feat is accomplished by combining quantitative and qualitative data to fine-tune the existing strategies. Risk management is another vital aspect. SMC places adaptability and continuous learning at its core and designs its strategies to pivot when circumstances change.

Plans in the Pipeline

SMC Private Wealth is currently registered as a portfolio manager with SEBI and is already serving as an investment manager. Looking ahead, the company aims to expand its portfolio management services by obtaining a license to manage global funds under the entity of SMC Global. This aligns with their existing license from IFSCA to manage AIF Category 3 funds. Furthermore, SMC is picking up its pace to enter the realm of Fintech by introducing an online platform through SMC Private Wealth. This platform will enable the clients to invest in mutual funds and AIFs, purchase insurance policies, and make other investments in real time. This technological advancement is in line with SMC’s commitment to providing seamless and accessible financial solutions to its clients.

Knowledgeable Nuggets for Aspiring Entrepreneurs

Nearing the end of the conversation, we asked Mr. Ayush Aggarwal to quote some affirmative words that could fuel the aspirations of entrepreneurs who are enthusiastic about exploring opportunism in the investment sector. The dignitary shares,

“My advice to budding entrepreneurs entering the investment sector would be to cultivate a strong client-centric approach and leverage the power of cutting-edge technology. Continuous learning is crucial in this ever-evolving field, enabling you to stay ahead of market trends and regulatory changes. Remember that setbacks are merely stepping stones towards growth. Embrace them with resilience and determination, for they often hold the keys to longterm success in the investment landscape. A wellstructured, diversified investment portfolio not only manages risk but also opens doors to varied growth opportunities, enabling you to achieve your financial aspirations effectively.”

8 Ways On How To Maintain a Healthy Body and Mind

The wealthiest asset today is health. Does any kind of happiness exist without a healthy mind and body? Absolutely not! We all need to maintain the proactivity of our minds and body to be productive in our daily lives. There is so much information scattered all over the internet about ways to keep your body and mind fit. But admit it we all often end up losing direction when it comes to keeping up with the tips and trends. But today we have brought you the 8 Easiest Ways to Maintain a Healthy Body and Mind. These ways are nothing but simple additions/alterations to your daily habits that will take you through the whole journey of body and mind wellness.

Mornings Need to Start with Sunlight

Sunlight is an essential source of energy for the entire solar system and our bodies are nothing less than the solar system. It is important to activate your senses and musculoskeletal system with sunlight. It stimulates the release of Vitamin D via exposure to healthy UVB photons and is directly related to your mind’s efficient functioning. It is recommended to spend at least 15 minutes in the sun right in the morning. You can feel the freshness it gives to your mind and body.

Don’t Compromise with Physical Activity

Needless to say, exercising is an excellent way of waking up your entire metabolism. Exercising helps to release and regulate hormone production in your body. It helps to strengthen your bones & muscles, reduces anxiety, improves cognitive ability, maintains proper digestion, and better sleep patterns. The benefits are never-ending, so make a habit of exercising for a minimum of 30 minutes per day that too with a proper schedule.

Maintain a Time-Bounded Schedule for Your Body

Our body and mind are the easiest when it comes to training them for good. Following a process for only 21 days, makes it a new habit for you. So make sure you have strict and time-bounded eating, sleeping, and working schedule. For example, make it a habit to have dinner by 8 PM or work out daily at 6 PM and follow it regularly for the coming months. Wavering timings disrupts your body and mind’s state of working, making you feel more confused and tired.

Surround Yourself with a Positive Aura

We are what we surround ourselves with! If we are staying in an environment where there are talks about peace, knowledge, productivity, blissful deeds, gratitude, and growth we carve the best version of ourselves. Remember, there is no space for unhealthy relationships in your life. So be wise while choosing your company and try to inculcate positive affirmations within you.

Meditation Escalates Body and Mind’s Serenity

Indian history is proof of what wonders meditation can do to a human’s life. Mediation aligns all the chakras of your body and alms down your hyperactive senses. It can change the structure and functioning power of the brain through relaxation. It further reduces stress and improves memory and concentration. Start by practicing for a minimum of 5 minutes and stretch to more.

Keep Processed and Sugary Foods at Bay

Refined sugars and processed foods are loaded with unhealthy fats and addictive calories. Refined sugars tend to make you feel sluggish and play with your eating habits. Moreover, these are the main causes of early diabetes and other heart diseases. The same goes for processed foods. Being extremely poor in nutrients and high in sodium and nonessential fats, it will harm your health in the long run if consumed in excess amounts. Switch to healthy snacking like having fruits, nuts, whole grains, and nutrientdense seeds, and churn delicious recipes out of these.

Snoozing Off for 7-9 Hours Daily

Sleeping for a minimum of 7-9 hours is mandatory. It depends from person to person according to their physical activity. Sleep deprivation or disturbed sleep patterns can lead to bad temper, fatigue, and cognitive dysfunctions. Understand how your body responds after you wake up in the morning and determine the sleep requirement of your body.

Control Your Portion Sizes

Have more portions of vegetables, fruits, salads, and low-calorie foods. Be conscious of how much you want to eat because overeating or under-eating has harmful gastrointestinal effects on your body. For example, when we’re eating at buffets we tend to stuff ourselves to the neck which makes us feel heavy throughout the day.

SYNERSOFT TECHNOLOGIES PVT. LTD.

Synersoft Technologies (maker of BLACKbox)

Blackbox Technology Is The First of Its Kind To Offer Digital Security To SMEs.

As a small business owner, how well you adapt to new technologies can break or make your business. It depends on whether you see technology as an investment or an expense. As markets become competitive, many SMEs adopt new technologies to adapt and stay in business. Automation is on the rise, as is the use of cloud technology instead of physical servers and the use of technology by SMEs. Synersoft Technologies is among the few companies offering only products for small and medium-sized businesses in India. This company’s technologies are meant to reduce IT infrastructure costs for SMEs and make them more competitive by standardizing IT at the cutting edge. Synersoft’s solutions focus on data preservation, fraud mitigation, information security, and software license cost minimization.

Filling in the gaps

Vishal Prakash Shah Co-founder & CEO

After a thorough analysis, Ahmedabad-based Synersoft Technologies worked on fixing the loopholes for SMEs. The company did well because it had a strong R&D backbone and thorough understanding of what the Indian MSMEs need. It has a modern call centre for customer service with IVR systems, CRM and ticket-tracking software. The data centre that the company uses for Disaster Recovery and Cloud Computing meets all international standards. Synersoft believes operations should be driven by processes and supported by ERP (Enterprise Resource Planning) software. The company operates in all Indian industrialized areas with many SMEs.

Introduction

Synersoft Technologies, which now goes by the name BLACKbox and offers innovative technology for small and medium-sized businesses, is a company that is affiliated with CIIE-IIM-Ahmedabad. MSMEs create the most jobs in India and adds the most to India’s gross domestic product (GDP). SMEs worldwide depend on Information Technology and will continue to do so. This reliance on IT does and will lead to the creation of digital assets like Documents, Business Information, Designs, Spreadsheets, Emails, Drawings, and Synersoftprovided Intellectual Property. Because SMEs own so many digital assets, they need to invest in Synersoft’s products and improve systems to protect such digital assets from being lost, destroyed, changed, stolen, cyber-frauds, cyber-attacks, and competitive exploitation.

Synersoft Mission

Synersoft aims to give IT managers and SME owners simple, innovative, and cost-effective information security and data preservation solutions in the cloud and SAAS (software as a service).

BLACKbox is a unique IT solution.

Synersoft Technologies’ flagship product, BLACKbox, has become a major player in the IT world. The company has come up with new ways to use technology to meet the needs of Indian businesses. In line with the Make-in-India initiative, BLACKbox was created as a brand to standardize the IT setup and help MSMEs to prevent data loss, theft and leakage. BLACKbox uses AI to stop data from being lost, stolen, or leaked. It maintains business continuity after data loss and avoids competitive exploitation by data theft. In addition, BLACKbox has made a name for itself by always being relevant in the Indian markets, where it has become a well-known brand.

Awards and Achievements

• The Leaders Globe Magazine has named Synersoft Technologies among The 50 SuperTech Brands, 2021

• Synersoft- Business Sight’s Elite League of Innovators in India 2021

• BLACKbox Brand of the Year 2021: The CEO’s Story

• “Best Companies to Work for” from Business Sights.

• Disruptive Companies at the Forefront of Innovation 2020

• TechXchange 2019 Innovation Driven Scale Up Cohort, UK organized by FICCI, High Commission of India UK, Government of India

• 10 Most Recommended Infrastructure Managed Service Providers in 2019.

• Synersoft- one of the 20 fastest-growing companies in India

• Synersoft- one of the 50 coolest startups in India

• In 2011, India’s Innovates Growth Program gave a gold medal to Synersoft Technologies.

• Recipient of Top 100 SMEs of India 2022 recognition by Ministry of MSMEs and India SME Forum

Building a stronger base

Synersoft Technologies is run by a group of young innovators who have a strong sense of teamwork and collaboration. Synersoft is different and keeps coming up with new ideas because it has a team of professionals passionate about bringing new ideas to market.

Vishal Prakash Shah (Co-founder & CEO)

He is a leader who can fill any role needed to help the teamwork and get things done. Over the past 22 years, he has kept up with the industry dynamics because of his passion for developing and disruption. He is where he is because he is passionate, creative, and has faith in himself. Vishal is sure that he wants to go on hard missions. He cares about time more than anything else and believes in karma. He is always up for yoga, travelling, photography, and working out.

SMEs’ Feedback of SynerSoft

Clients in the MSME sector continue to benefit from the newest BLACKbox system, which includes the BLACKbox Duo technology modules. The newest BLACKbox model also includes a built-in VPN server. All information leakage prevention rules, including those for USB drives, electronic mail, and the Internet, are turned on while employees access company data. With BLACKbox SMEs have a sense of assurance about the safety of their data while users access it. Employees can also use their private information on company laptops and desktops in personal session of the BLACKbox Duo Technology without having access to enterprise data. They are restricted from accessing sensitive information and important emails and are instead required to use business systems that are hierarchical. However, while in a personal zone or private session, data leakage avoidance mechanisms for USB, Internet, and email are disabled. By striking a chord between the professional and the personal, WFH- Work from Home is made possible for MSME clients through BLACKbox technology. Synersoft is pleased that the BLACKbox technology it developed has kept people secure and allowed them to continue working.

The Future Plans

Synersoft Technology is investing resources into research and development to make all its hardware-less products. The company will switch from offering its BLACKBox hardware solution on-site to offering it in the cloud to Indian SMEs. It will change the IT spending from CAPEX to OPEX.

Golden Words For All

Vishal shares his knowledge and advice with people who want to start a business. He says, “Make your employees feel like they are doing well daily and give them the tasks they can handle. Also, Make a list of everything that went wrong at the company to take suitable initiatives for betterment.”

The Top 10 Advantages of Outsourcing IT for Small Businesses

In today’s competitive world, everyone is trying to be on top, but to do that, businesses also try their level best to uplift their company. But what about the small business that isn’t that well equipped and doesn’t have huge budgets like others to give good competition? Here is when outsourcing comes into play.

As we know, the future of IT services is huge, but managing IT-related work with great excellence for a small business creates a big mess, and this is exactly where outsourcing will help a business like yours, which has a small budget but a great mission.

Outsourcing IT is not only for small businesses; it is open to everyone who wants to save on costs in their business and wants their work to be done by experienced professionals. Today, the blog will discuss outsourcing in-depth and its benefits.

What is outsourcing, and what is its type?

Outsourcing is the concept of hiring a third-party company that will perform tasks or services that were earlier performed by the company’s own employees and staff, which is quite expensive and requires individual attention. But now this can be done by professionals in the field and will also be cost-effective.

There are many different types of outsourcing, including:

• Information technology (IT) outsourcing: In this process, companies hire 3rd parties to do their ITrelated work, such as helpdesk support, application development and maintenance, and infrastructure management.

• Customer service outsourcing: In this process, businesses hire third-party professionals to manage customer-related tasks such as answering calls, responding to emails, and resolving customer issues on time.

• Accounting outsourcing: In this type of outsourcing, companies hire a third-party company to handle account-related work in a smooth manner, which includes bookkeeping, payroll, and taxes.

• Legal outsourcing: This outsourcing helps the company to hire other third-party Profesional who helps them in taking a correct legal decision and in making lawful contracts.

Today, let’s talk about IT outsourcing in detail and its benefits.

Top 10 benefits of IT outsourcing for small business

Cost savings

Outsourcing IT services can help small businesses save money as it doesn’t require you to purchase heavy, expensive software and to maintain a proper infrastructure for employees. In these ways, you will also get help in managing the small business as there will be less allocation of work and the company will be able to focus more on weak points. This will also save extra money, which will be needed for the IT employees’ salaries and benefits, and can be used to reward other employees in the company, which will work as financial motivation for them to work.

Access to expertise

Outsourcing IT to a third-party provider gives you access to experienced people who are masters in their work and will help your business grow in an efficient and effective manner. This is one of the best opportunities for all small or early-stage business owners who have less budget and want to provide quality content to their consumers, as this will help them get expert assistance hassle-free.

Improved efficiency

Outsourcing IT can help you improve the efficiency of your business by freeing up your time and resources to focus on other areas. You can also benefit from the economies of scale that come with outsourcing, as the provider will be able to spread the cost of its services over a larger number of customers. For example, a small business might have an IT staff member who spends their day answering phone calls and resolving technical issues. By outsourcing these tasks, the business could free up its IT staff members to focus on more strategic tasks.

Scalability

Outsourcing IT services will help you scale your business to large levels, as you will have correct outcomes from experts and your main focus will not divert from managing and decision-making. Outsourcing IT also helps you increase the number of IT services you offer without thinking about the additional investment in infrastructure and a dedicated IT team.

Improved security

While outsourcing IT-related services, there is a huge risk of data breaches and cyber attacks, whereas a reputed IT outsourcing company always makes sure that customers data remains safe and handled with the utmost security, and the required priority must be given.

Reduced risk

Outsourcing IT can also help your business reduce the risk of failure in the project, as when you own a small or early-stage business, every penny matters, and if a failure occurs by an in-house team, there is a huge waste of infrastructure, salaries, etc. Hence, outsourcing IT reduces that risk as the thirdparty company takes full responsibility and also has proper equipment and software to restore data during any event of a cyberattack or natural disaster.

Higher compliance

Higher compliance: A great IT outsourcing provider will be familiar with the ultra-modern enterprise regulations and let you make sure that your business is compliant. This helps to save money and time, and it may also assist you in avoiding heavy penalties.

Peace of mind

Outsourcing gives you mental peace, as you’re assured that your work is done by experienced professionals. This will save you time, and you will be able to focus on other things. For example, a small business proprietor may not have the time or knowledge to manipulate their IT infrastructure. By outsourcing their IT services, they can understand that their IT desires are being met.

Flexibility

Outsourcing IT gives you way more flexibility as you manage things as per your needs, keep making changes when required, the level of support during the task you want, and the provider of your own choice.

Global reach

Outsourcing IT can give you access to work with people all around the globe. This ensures that you are choosing the best people to work for you, and if your business customers are from other regions of the globe, the outsourcing providers’ global presence can support the company’s customers in all the regions.

As everything in this world comes with pros and cons, so does outsourcing, and here it is discussed below.

Loss of control

When you outsource your IT, you’re losing control of the task given and the process. Also, people who are performing your work are not working under you, which leads to delays when sudden changes are required.

Communication and cultural issues

If you are outsourcing to a company in a different country or not in your native city, it can lead to a communication barrier and also a cultural barrier. Sometimes, when working with companies abroad, the time gap becomes a big constraint. Also, this could lead to delays in work.

Higher-than-expected costs

Outsourcing can save you money in the long run, but most of the time the pricing comes as a shock for a beginner in the outsourcing market. Hence, a good presence of mind and a smart decision-maker are very important to grab the exciting deals and start working immediately.

Lack of experience with remote teams

If you are not used to working with remote teams, then it could lead to difficulty in completing the task, as while working with remote teams, management is a key element to make sure everyone is doing their work in a proper manner.

Security risks

When you outsource your IT, you’re also giving strangers access to your personal company’s information, which can turn out to be a risk if the outsourced company does not have the required security measures in place.

Here are some tips for avoiding the cons of IT outsourcing: Do your research

Always, before choosing the outsourced company, measure all the pros and cons of the options available and understand their market presence and reputation so that delays or wrong work problems could be avoided. Sometimes businesses in need of winning the race forget to do proper research, fall for the fake results shown by the fake third-party IT provider, and then end up failing in their mission. Hence, research must be the first priority when choosing the right provider.

Get everything in writing

Make sure you have a clear and authentic contract signed by both parties that includes the proper needs and how and when work should be done and completed.

Establish clear communication channels

Make sure there is a clear and right communication channel between you and the outsourced company to avoid any misunderstanding.

Monitor the work closely

It is important to keep checking on the outsourced teams and whether the work is completed as per the company’s requirements and pre-determined measures or not.

Conclusion

We hope you enjoyed reading this informative blog and have definitely gained useful insights about outsourcing. In short, to conclude, we will suggest you go for outsourcing, but keep in mind its pros and cons. Also, while cracking a deal, be mindful and make the best decision for your company. We wish you all the best for the future and happy learning.