Tycoon Insights

Editor’s Note Credit Page

A Graceful Cohort of Diverse Visions and Opulence

T

he way Indian entrepreneurship has unfurled the flag of its potential globally is nothing less than a vivid dream coming true. None of this would have been possible without the relentless dedication of our incredible business leaders and drivers of the

Editor In Chief Editorial Coordinator

economy. Their hard work and commitment have been the backbone behind this achievement.

Whether it’s the inquisitiveness to craft eye-catching covers, having candid conversations with business leaders, or scouting for compelling content, the journey of curating a visually appealing issue each month remains as exciting as ever for our editorial team.

On the cover page of this issue, we are presenting the story of INSIDEA, an inclusive digital marketing platform that provides businesses with access to top-tier remote professionals, all prescreened and certified to integrate seamlessly into their operations. The platform combines the concepts of ‘INSIDE’ and ‘IDEA’ to help businesses turn their digital ideas into reality. INSIDEA offers two main services: custom digital solutions and remote talent services.

The company’s inception is deeply intertwined with Mr. Pratik Thakker’s journey, which began when he moved abroad for better career prospects but also experienced homesickness and a constant yearning for his family. This realization led to the creation of INSIDEA, a business aimed at helping others find rewarding jobs without leaving their home countries. The company’s comprehensive range of services is designed to enhance a business’s digital presence and operational efficiency. Like INSIDEA’s, there are many trailblazing stories waiting inside!

With this, I would like to wrap up my words and hope that our readers continue from here. We are constantly paying attention to your valuable feedback and are progressing one step at a time.

Our consolidated efforts will fuel the ongoing entrepreneurial fire in India, and an extraordinary future awaits our country. Contribute your part in making India shine brighter than the sun and dazzle more than constellations. As we move forward with 2024, we invite you to continue this journey with us. Share your thoughts, and let us know what you love and what you want to see more of. Your feedback fuels our growth, and we are committed to delivering content that resonates with you.

Cheers to another year of captivating storytelling and exciting brand narratives from the business ecosystem!

Art Director Graphic Designer

Rakesh Sharma Amal Kumar, Harpreet Singh, Harsha Jha, Vanhi Trishani, Chaitanya Bhatia, Dhruv Ahluwalia, Khushi Agarwal, Aruna Bakshi, Jaya Grover Vijay Chopra Sonu Bhatt, Bhavna Patekar, Aakesh Shah

Head Of Distribution & Production

Rama Sankar, Priya Patel, Parth Kulkarni

Web Development & Maintenance

Vedant Joshi, Omkar Jain

Advertising & Promotion Sr. Business Development Manager Business Development Manager Data Analysis

Jairaj Dubey, Aryan Deshmukh, Aarav Awasthi, Yami Apte, Vidya Mishra Shaurya Sharma, Anil Pujari, Dipaka Gupta Sanjana, Vishnu Choudhury Meera mukhrjee, Bhaskar joshi, Kavya, Nidhi Rao, Anubhav Tomar, Bipin Basu, Kartik Agarwal, Om Bhattacharya, Siddharth Rana, Anaya Chatterjee

Ms. P. Gupta - Editor

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February 2024 5

CONTENTS

COVER STORY

10 INSIDEA TECH PVT. LTD.

Seamlessly Connecting High-Growth Companies With Top Remote Talent In Any Domain

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20 AgnoShin Technologies:

Creating Prolific Customer Experience Management Solutions

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February 2024

5 Simple Steps to Fortify Your Personal Data Security

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Cylsys Software Solution Pvt. Ltd: Curating an Array of Innovative Solutions Targeted to Achieve Guaranteed Business Success

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Mithra Multispeciality Hospital

The Most Trusted and Emerging Multispeciality Hospital in Karnataka

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Cloud9 Beverages

An Emerging Trailblazing Face in the Indian Beverage Industry

42 Solarium

Driving mass adoption of solar in india

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32 AI and Finance Revolutionizing Decision-Making in Business

Unveiling the Quantum Computer Revolution: The Future of Computing is here!

Entrepreneurial Mindset Cultivating Success Habits for Business Triumph

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44

48 Mr. Ratheesh Nair:

Successfully leading a health based rewards platform and delivering innovative ideas to clients

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10 GameChanging Strategies to Skyrocket Your Business Success

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10 Proven Strategies for Scaling Your Business to New Heights

February 2024 7

INSIDEA Seamless Digital Solutions Tailored for Your Success

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ne of our most-awaited editions, “The 10 Best Performing IT and Software Companies to Watch in 2024,” spotlights INSIDEA. This outstanding organization excels in providing end-to-end digital solutions and outsourcing services. INSIDEA is renowned for its ability to forge global partnerships and deliver exceptional outcomes, highlighted by its swift expansion and broad client network.

Tycoon Insights arranged a fun-filled conversation with the Founder & CEO of INSIDEA, Mr. Pratik Thakker. Through this conversation, we gathered profound insights about the company, which we have compiled in this narrative for the enlightenment of the readers.

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www.tycooninsights.in

Mr. Pratik Thakker Founder & CEO

“The journey of entrepreneurial excellence begins where passion meets purpose, inspiring change, and challenging norms.”

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February 2024 11

Mrs. Nancy Pezarkar

Mr. Pratik Thakker

Chief Growth Officer

Founder & CEO

Company’s Profile INSIDEA is a premier digital solutions provider, offering seamless access to top-tier professionals who are thoroughly evaluated and certified to integrate smoothly with their client’s operations. The name INSIDEA reflects its mission to bring internal concepts and innovative ideas to life, supporting businesses in boosting digital visibility, optimizing operational processes, and ultimately realizing their goals.

INSIDEA offers two main services: • End-to-End Digital Solutions: INSIDEA delivers exceptional digital solutions tailored to the unique needs of each business.

• Outsourcing Services: INSIDEA bridges the gap between businesses and specialized professionals, ensuring a perfect alignment with project requirements through its global network of experts.

A Glimpse of the Services Offered INSIDEA positions itself as a leading digital solutions provider and outsourcing platform, providing various services to address the diverse needs of its global client base, ensuring support for every facet of business growth, including: 12

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• Front-End and Back-End Developers: The developers at INSIDEA are skilled in HTML, React, Angular, Vue. js, Mean Stack, Mern Stack, Node.js, Laravel, WordPress, Shopify, Hubspot, Magento, Drupal, and more.

• Designers: The design team includes UI/UX, product, and graphic designers who bring creative visions to life.

• HubSpot Experts: INSIDEA shines as a HubSpot Diamond Solution Partner, showcasing a premier team of experts proficient in the HubSpot ecosystem.

Their specialists tailor HubSpot to streamline business marketing, sales, and service processes.

• Salesforce experts: INSIDEA’s team customizes Salesforce to enhance marketing, sales, and service workflows, tailoring features to client needs.

• Digital Marketers: The team comprises experts in various facets of digital marketing, including performance marketing, programmatic advertising, SEO, social media advertising, Google Analytics, copywriting, data analysis, and conversion optimization.

These specialists are adept at transforming clicks into conversions and connections into clients.

• LinkedIn Management: They specialize in optimizing LinkedIn profiles and strategies to boost brand visibility and lead generation. The team crafts engaging content, manages connections, and utilizes LinkedIn’s www.tycooninsights.in

networking features to strengthen professional branding and cultivate valuable business relationships.

• Virtual Assistants: The virtual assistants are skilled in various administrative and support tasks. They help with email management, scheduling, data entry, and other essential tasks, allowing business owners and managers to focus on core activities.

• Customer Support: INSIDEA provides expert customer support to boost satisfaction and loyalty. Trained to address inquiries, resolve issues, and offer information, the team ensures a positive experience across phone, email, and live chat.

• WordPress Development: INSIDEA’s WordPress developers specialize in crafting and managing WordPress sites, offering everything from custom themes and plugin integration to ongoing maintenance. They ensure each site is functional, secure, and tailored to meet business goals, regardless of complexity.

The Driving Force Behind INSIDEA INSIDEA is the brainchild of Pratik Thakker, inspired by his vision and experiences. He identified a widespread need: bridging the global divide between businesses and skilled professionals. With a clear vision, he created INSIDEA, a revolutionary platform that enables companies worldwide to tap into global talent and access top-tier digital solutions.

INSIDEA embodies Pratik’s dedication to breaking down global barriers, offering businesses everywhere the power to enhance their operations through end-toend digital solutions and outsourcing.

The Initial Phases of the Journey In the early days, INSIDEA faced some tough challenges but tackled them head-on to achieve success.

One of the challenges was to form a team with not just technical prowess but a shared passion for transforming digital solutions. Identifying individuals who were both skilled and aligned with their vision was crucial for nurturing a culture of innovation and teamwork.

Coordinating across various time zones presented operational hurdles, necessitating robust communication and project management strategies to ensure cohesive team collaboration and client engagement. www.tycooninsights.in

As a startup in the digital solutions arena, INSIDEA had to quickly establish credibility and trust with clients, showcasing their ability to deliver superior, reliable solutions.

The global market brought challenges of language, culture, and time zone differences. INSIDEA developed flexible communication and management approaches to cater to a diverse clientele, ensuring smooth and efficient service delivery.

These foundational challenges were pivotal in shaping INSIDEA’s approach to service, teamwork, and global operations, laying the groundwork for its success in the digital solutions and outsourcing industry.

The Remarkable Achievements • Rapid Growth: Starting with just four members in January 2023, INSIDEA has grown to over 80 members.

• Global Reach: Within its first year of inception, the company has rapidly expanded its customer base and formed partnerships with numerous technology providers across 15 countries, showcasing its international appeal and capability to cater to a diverse global market.

• HubSpot Partnership: As a HubSpot Diamond solution partner, they serve over 175 HubSpot clients globally, showcasing expertise in utilizing this platform.

The Surreal Work Culture INSIDEA offers a dynamic remote work culture that allows its team members to enjoy flexible workspace and hours. This allows the team members to adapt to their personal rhythm and productivity style. INSIDEA also has a generous leave policy, emphasizing its commitment to work-life balance.

The company cultivates team unity through engaging activities like Fun Wednesdays and Friday Forums, where members share insights and celebrate milestones, enhancing motivation through recognition and incentives.

A highlight was the inaugural company retreat in Goa, a memorable event that strengthened bonds and celebrated team achievements in a lively, face-to-face setting.

INSIDEA’s environment rewards creativity and collaboration with open communication and regular feedback sessions.

It values passion, encourages leadership, and promotes a February 2024 13

culture where innovation and personal growth are at the forefront.

Building Authentic and Promising Alliances with the Customers INSIDEA has successfully left a profound impact on the industry by focusing on delivering an outstanding customer experience at every touchpoint. This approach has been instrumental in building strong emotional connections with potential customers. Explaining further, Mr. Pratik Thakker says, 14

February 2024

“We understand the importance of personalization in today’s market, and we’ve embraced this by providing personalized experiences. For this, we provide managers for each customer. This level of individual attention and care has enhanced customer satisfaction and created a strong sense of belonging among our customers. Our brand has succeeded in making momentous impacts in the industry. The mantra behind these strides is delivering great experiences to the customer. A big part of what we do is tell our brand’s story to match what our customers care about. This personal touch has made our customers happy and loyal to our brand. www.tycooninsights.in

The Most Efficient Marketing Initiatives

Wrapping up with Inestimable Wisdom

The brand has effectively leveraged several marketing initiatives and strategies to promote its endeavors, offerings, and services, with a particularly strong presence on LinkedIn. INSIDEA’s Founder & CEO, Mr. Pratik Thakker, has amassed an impressive following of over 240,000 on LinkedIn, contributing significantly to the brand’s visibility and influence.

It was one of the most ebullient interview experiences for Tycoon Insight’s team. The conversation with the dynamic leader was nothing short of magnetizing and inspiring. As always, we sought out valuable insights for our readers. Here’s what Mr. Pratik Thakker had to share:

Additionally, INSIDEA is one of the top names in outsourcing on LinkedIn, with over 200,000 followers. This robust online presence has been instrumental in the company’s marketing success.

The Upcoming Chapters INSIDEA is on a mission to redefine digital solutions and outsourcing. It aims to become a leading provider for businesses seeking innovative digital and technological services. The immediate focus is on broadening its offerings to cater to the growing needs and demands of global clients.

With a strong presence established in 15 countries, INSIDEA has ambitious plans to significantly increase its global reach by expanding into new markets. This strategic growth is part of a broader vision to enhance its international footprint and provide even more businesses with access to top-tier digital solutions. www.tycooninsights.in

“Entrepreneurship has instilled in me the power of unwavering commitment to my goals, fueling my persistence and refining my strategies to overcome obstacles. These values have been crucial for pushing through tough times, even when it seemed easier to give up because success wasn’t immediately visible. My mantra has always been to stay the course, relentlessly pursuing my goals.

So, I hope young minds become more proactive about embracing challenges and aren’t hesitant to step out of their comfort zone. Surround yourself with a diverse and supportive network, as collaboration often sparks innovation. Remember, success may take time, but you can turn your entrepreneurial dreams into reality with dedication and resilience.”

February 2024 15

AgnoShin Technologies

Creating Prolific Customer Experience Management Solutions

“Sometimes life brings new opportunities disguised as unexpected curveballs, leading people to choose the uncertain path.”

T

o create positive and conducive customer experiences, one should pay laser-sharp attention to thoroughly examining their expectations. Because when customers receive the services they manifest, it creates an ardent bridge of trust and loyalty between a business and them. But this is much more challenging to execute than is being said.

Every customer engagement process is meticulous and demands the deepest level of attention, which in turn leaves an ever-lasting impact on their minds. Hence, businesses require a trusted partner who can help them walk through the entire journey of creating indelible customer experiences.

The aforementioned responsibility has been undertaken

by AgnoShin Technologies. To curate deviceindependent solutions in the customer experience management ecosystem, the team experiments with different technologies. AgnoShin takes sheer pride in protecting its customers from redundancy and enabling them to stay in line with the technology adoption curve.

Today, the company is present in countries like the UAE and Africa.

We managed to participate in an interactive discussion with AgnoShin’s Vice President of Operations, Ms. Gomathi Perumal. The dignitary helped us gain many meaningful insights about the company’s journey so far and what plans are in the pipeline for the future. Here 18

February 2024

Ms. Gomathi Perumal

Vice President of Operations

is a glimpse of some of the questions we asked Ms. Gomathi Perumal to weave this narrative for our readership panel.

Question 1: Can you please tell us about what the beginning chapters of the journey looked like?

For any start-up, everything is a challenge in the initial phases. Whether it is paying a huge deposit in advance for your office, upfront IT infrastructure investments, or sharing the vision of the company with friends and associates, situations were topsy-turvy for us. We were glad to have the support of our team members and associates who jumped into the turbulence for AgnoShin. From a team-building perspective as well, we performed many tests and trials to find like-minded and committed individuals to execute the business plan. We navigated these challenges and succeeded in building a strong domain.

Question 2: Could you kindly provide us with a brief overview of the company’s services?

AgnoShin is an IT services consulting firm that optimizes customer interaction processes using deep contact optimization experience, business www.tycooninsights.in

collaborations, Gitex Events, partner events, and other business associate programs. These days, we are actively leveraging the LinkedIn and Facebook environments.

Question 5: What are the new categories that AgnoShin is planning to introduce in the future?

We are planning to venture into domains like cloud security, AI, etc. and add more services to our portfolio. These technologies have played their part in alleviating standards in the customer contact management domain. Hence, the team is excited to tap into these technologies.

Question 6: Have you measured how much trust consumers have in your brand?

We don’t do any statistical modeling or organized surveys. Feedback from customers and integration partners is always sought and utilized.

For a growing company like AgnoShin, customer retention numbers and revenue growth from existing key customers are important metrics.

AgnoShin will be extending its product lines, hoping that customers will be able to feel and experience high-quality services.

Question 7: How has your journey as an entrepreneur been? acumen, and contact center technology knowledge. As the customer experience management domain is indispensable for every industry, we help businesses stay connected with their end customers via new-age tools.

AgnoShin is adept at developing, enhancing, and maintaining services for applications, regardless of the technology used.

Acknowledging that applications need to be upgraded with business growth, we provide flexible and continual support, ensuring optimal performance with minimal risks.

Question 3: In an age of mistrust, are you seeing an evolution in how consumers trust brands?

This is a very interesting question. How will one wipe out or erase mistrust once it is created? Customers remember a company only through the quality of its services and the kind of attention they receive. A proven past track record and the appreciation received from customers keep any organization on the correct path. Definitely, customers are very aware of their expectations, and keeping them in the dark is completely irrelevant.

AgnoShin proudly stands by the fact that going the extra mile for clients has been the cornerstone of its working model, even before we started the company. In a complex technology domain, it is important to recognize that customers, despite having numerous options in the market, have walked up to us to find solutions. Hence, it is our sole duty to reciprocate the same value and faith to the customers. We always believe that if we take care of customers, they will take care of our business.

Question 4: What are the most effective marketing initiatives or programs that the company has leveraged?

Along with our solution partner, we participate in Global Expos, Nasscom Meetings, BNI Meetings, SME and MSME www.tycooninsights.in

There is a famous saying that “life begins when fear is lost.” It was difficult to quit my lucrative and secure corporate career to come to work and start life once again. This journey has helped us personally; we know who we are and what potential we have to offer the business ecosystem.

In summary, it’s happy and intoxicating!

Question 8: What do you hope to accomplish within the next year from both a personal and professional point of view?

From a professional point of view, we intend to work hard on improving our first-time metrics. We want to provide more value-driven services to our key customers and expand to new global boundaries. From my perspective, I want to propel in the direction of creating a happier, more conducive, and more warming work culture in our office. We will also be pouring in dedicated efforts towards CSR with our foundation.

Question 9: As you mentioned about CSR, we would like to know what activities AgnoShin is undertaking in the present.

AgnoShin laid the foundation of the Meiporul Foundation in 2015 as a volunteer non-governmental organization. The foundation has committed itself to creating brighter futures for more than 50 deserving students with disabilities every year. Recognizing the state toppers of SSLC and HSC with disabilities, their education and extracurricular int erests are sponsored with complete guidance. The Meiporul Foundation is also focusing on developing the education of tribal children. With special emphasis on the poor and vulnerable, we facilitate essential medical services for them to improve their healthy lifestyles.

Question 10: We would like you to share valuable advice for our readers and the young entrepreneurs reading this draft.

I hope the readers are able to learn some values from my story. I would advise all the young minds and brewing entrepreneurs to keep investing time and energy into getting themselves surrounded by positive people.

Never get carried away with success, and stay connected to your root reality. Build trust with your team members and respect them for deciding to be with you, despite the many opportunities available in the market.

February 2024 19

5 Simple Steps to Fortify Your Personal Data Security

I

n today’s digital age, personal data security is more critical than ever. The prevalence of cyber threats and data breaches makes it essential for individuals to take proactive steps to safeguard their sensitive information.

This article will guide you through five simple but effective measures to fortify your personal data security, ensuring that your confidential data remains safe from prying eyes and cybercriminals.

1. Strong and Unique Passwords One of the most basic yet vital steps in fortifying your personal data security is the creation of strong and unique passwords for your online accounts. Many people tend to use the same passwords across multiple websites, which is a significant security risk. To enhance your data security, follow these password guidelines: • • • • •

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Use a combination of upper and lower-case letters, numbers, and special characters.

Create passwords that are at least 12 characters long.

Avoid using easily guessable information like your name, birthdate, or common words.

Use a password manager to keep track of complex passwords.

By following these guidelines, you can significantly reduce the risk of unauthorized access to your accounts.

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2. Enable Two-Factor Authentication (2FA) Two-factor authentication (2FA) is an extra layer of security that adds an additional barrier to accessing your accounts. It typically involves receiving a one-time code on your smartphone or email, which you must enter alongside your password. Enabling 2FA provides an extra layer of protection even if your password is compromised.

• • •

Enable 2FA for your email, social media, and financial accounts.

Use an authenticator app or SMS for 2FA. Regularly review and update your 2FA settings.

3. Regular Software Updates Software updates often contain crucial security patches that fix vulnerabilities. Failing to update your operating system, applications, and antivirus software can leave your devices exposed to potential threats. Make it a habit to: • • •

Enable automatic updates whenever possible.

Regularly check for updates on your devices and applications.

Download and install updates promptly to stay protected.

4. Be Cautious of Phishing Attempts Phishing attacks are a common method used by cybercriminals to trick individuals into revealing their personal information. These deceptive messages may come in the form of emails, text messages, or fake websites. To protect yourself from phishing: • • •

Be skeptical of unsolicited emails and messages, especially if they ask for sensitive information.

Verify the legitimacy of the sender or website before providing any data.

Educate yourself about common phishing tactics and red flags.

5. Regular Data Backups Data loss can occur due to various reasons, including hardware failures, malware attacks, or accidental deletion. Regularly backing up your important files is crucial to ensure that you can recover your data in case of an unforeseen event.

• • •

Schedule automatic backups of your data, including documents, photos, and other important files.

Use both external drives and cloud storage for redundancy.

Test your backups periodically to ensure they are working correctly.

Conclusion Protecting your personal data security is a fundamental responsibility in the digital age.

By implementing these five simple steps – creating strong and unique passwords, enabling two-factor authentication, keeping your software up to date, staying vigilant against phishing attempts, and regularly backing up your data – you can significantly reduce the risk of your personal information falling into the wrong hands. Remember that in the ever-evolving landscape of cybersecurity, staying informed and proactive is your best defense against potential threats. Your data security is in your hands, so take these steps to fortify it today.

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February 2024 21

FEDERAL SOFT SYSTEMS

An IT Firm Expertize in Delivering Secured Application Development, Support, Staffing, Recruitment, BPO and Payroll Cloud Solutions for various businesses Why Federal Soft Systems ?

VALUED PEOPLE

VALUE

PEOPLE.

Global Presence A global presence with operations in 2 countries and clients from 77 countires

Innovation & Collabration Work towards collaborative approach to drive innovation

700+ Employees Got people with loyalty, hard work ethic, humor, flexibility, ambition

$48M Turnover

Increasing Value Through People.

FSS offering lends you unique advantages and value propositions whether you need to extend your IT capabilities or acquire Specialized IT skills to develop, manage, enhance and support your mission critical applications

About Us

Our turnover clearly indicates the market strength

“Nothing we do is more important than hiring and developing people.”

We do awesome stuffs

just like good.

Established in 2015 in Bentonville, AR,USA Tier 1 Supplier to 10+ Fortune 500 companies and large & small privately held companies.

We would like to be named as one of the Information Technology Consulting firm Capabilites : - Staff Augumentation - Statement of work - Product development & Payroll

Any Issues or clarifications – Kishore Kumar Yedam Chief Executive Officer +919940070983 / ky@federalsoftsystems.com

www.federalsoftsystems.com www.fssglobal.in Chennai, Hyderabad - India Bentonville, USA 040 43464266 88807 88899

CYLSYS

SOFTWARE SOLUTION PVT. LTD. Curating an Array of Innovative Solutions Targeted to Achieve Guaranteed Business Success

Mr. Pawas Goyal

“When we look back at our entire journey of over a decade, we truly cherish the lessons we’ve learnt while building a business right from scratch.” Our collective dedication and hard work have positioned Cylsys where it is today.

All credit goes to the team that has devoted themselves to the sheer growth of the company.”

Founder & CEO

F

ounded in 2010, Cylsys Software Solution Private Limited is a software solutions company that believes in alleviating business operations through the power of information technology. Cylsys’s services are specifically focused on innovationled business growth. Each of these services is tailored as per the latest tech trends in software development, cloud computing, mobility, big data, social media, and social connectivity.

Since its inception, Cylsys Software Solution Private Limited has garnered astute expertise in software development, mobile application development, IT staffing, digital marketing, and business process outsourcing. After being in the industry for 13 years, Cylsys Software has delivered over 450 projects, developed over 1,150 apps for clients, and caters to 100+ clients.

Tycoon Insights had the opportunity to interact with the company’s honorable Founder & CEO , Mr. Pawas Goyal, where we got to know many interesting facts about Cylsys’s journey over the years. The highlight of the conversation we had with Mr. Pawas Goyal was the launch of Cylsys’s latest venture, the Cylsys Store.

The Cylsys Store is a comprehensive platform for tech enthusiasts and businesses alike.

The store offers a diverse array of software applications designed to cater to a spectrum of different business requirements. Cutting-edge applications like Cylsys Hire, Cylsys Travel 24

February 2024

Management System, Cylsys CRM, Cylsys HRMS, and Cylsys MailBlitz Pro form part of this amazing marketplace where innovation meets convenience.

Whether it was about the company’s inception story, the hurdles it faced along the way, or the leadership mantras the team is abiding by, we covered every essence of the journey through the medium of this conversation.

Sowing the seeds of inception

The passion to create something unique in the IT domain was the underlying spark that initiated things. The initial days in 2010 were tough, as being a new entrant in the business came with its own set of challenges. It was difficult to convince and earn the faith of clients, as Cylsys didn’t have a strong client or work portfolio to show at that time. The team gradually built the portfolio by taking on the little tasks of some larger projects. All those efforts started going in the right direction, and today the team is catering to some of the big names in the industry.

Each business has its own tale of initial struggles. The only different factor here is the intensity of each struggle. The intensity varies from person to person, depending on the circumstances. Before becoming an entrepreneur, Mr. Pawas Goyal worked in the BFSI sector. However, the desire to start something of his own was always an integral part of him. The switch from a cushy, well-paid job to starting a business with zero clients and zero revenue for some months would shake up anyone’s resolve.

But he always remained committed to the path. A clear picture of his ultimate goal and values kept pushing him forward on the entrepreneurial path. www.tycooninsights.in

A Little About the Client Portfolio

Cylsys Software serves a diverse range of clients. The team has adept expertise and the resources to serve most of the requirements of the BFSI industry (which includes banks, AMCs, NBFCs, fintech companies, etc.). The BFSI industry is where the company has endorsed the most projects for its clients. Besides this, some of the types of clients it works with are enterprises, corporations, startups, SMEs, healthcare industries, e-commerce businesses, education, manufacturing, technology, and logistics, among others.

In-house Applications Developed for Cylsys Software Travel Management System: This application streamlines the entire travel and ticket booking process for employees of an organization who travel for official tours. This system automates various tasks and processes and simplifies tour planning, tour approvals, scheduling, and coordination, resulting in better service delivery and improving overall productivity.

IT and Fixed Assets Management System: Every organization has an IT department that procures IT assets (e.g., laptops, pads, etc.) and assigns them to employees at various locations or branches for use. These IT assets are then tracked, audited annually, disposed of (after a particular period), and warranty/ AMCs of those IT assets, etc. This application covers all these functionalities and more, ensuring that the life cycle of any IT asset, right from procurement to assignment to audit disposal, is captured in the system and generates various reports to help the IT Department keep track of these IT assets.

HRMS is a human resource management system (HRMS) created to streamline various HR functions in an organization, like recruitment, interview scheduling, candidate data, onboarding of selected candidates, attendance, time sheets, internal communications with employees, and much more.

CYLSYS MailBlitz Pro is an application that revolutionizes email marketing and boosts engagement with the desired target audience via email campaigns, in-built email templates, speaking to a selected audience as per the selected filters, and tracking email performance via analytics.

CYLSYS CRM: The application is a path-breaking CRM that covers the entire journey from lead generation to lead conversion.

DTS (Digital Transaction System) is an amazing solution specifically developed for the mutual fund industry. Daily transactions and checking of credits are done manually by most mutual fund companies. This application created by Cylsys Software reduces all the repeated manual work.

Thoughts on Research and Development

“Research and development is critical for the growth of a software development company and has various benefits like innovation, having a competitive advantage, agility to adapt quickly, efficiency in operations, perfect optimization of plans, talent attraction, customer retention, etc. However, maintaining a healthy commitment to research and development requires strategic approaches, proper resource allocations, and a commitment to ongoing improvement. Cylsys Software has always prioritized the www.tycooninsights.in

incorporation of R&D to thrive in the dynamic and competitive IT software industry.”

Ensuring an Ebullient Work Culture for Employees

The main challenge that the IT industry faces is getting and retaining good talent. Once they’re on board, nurturing their professional and personal spheres is very important. It is paramount to keep each member of the team feeling like an integral part of the company. Cylsys gives its employees a career path along with a perfect work-life balance. The average vintage of each of the team members is around four years, which is a testament to the joy and satisfaction they experience. All the normal benefits as well as great incentives are given based on their performance.

The HR team at Cylsys initiates various activities like “Finally It’s Friday,” where the team plays fun games on Friday. This also includes outings and team lunches to cultivate a sense of corporate brotherhood and respect for each other.

Learning Leadership Lessons from The Dignitary: Shree Ratan Tata

When we asked Mr. Pawas Goyal about his entrepreneurial ideal, he joyfully shared, “One person who I admire and look up to is Mr. Ratan Tata. I admire his exemplary leadership skills, visionary approach, and integrity to practice business on ethical terms. Despite his immense success, his demeanor is so down-to-earth. His humility, resilience, and resolute commitment to social causes are other qualities that make him so endearing.”

Gearing Up for the Future

Cylsys embraces the latest technology in the IT domain and will continue to deliver amazing results. Besides creating pathbreaking software and mobile applications, the Cylsys Group has proactively rolled out various other products and business verticals. Some of them are listed as follows: •

Business process outsourcing process: Unicorn Ops, which includes some amazing services like BPO, lead generation, HR, data entry, SMS/ Sms/Email campaigns, back office operations, etc.

•

Product Availability Monitoring: For any company selling via E-commerce, it is critical to know the availability of its products on online portals and the offers being run by competition to have a distinct advantage over its rivals.

Our Teams monitor product availability of entire range of products for our clients across online portals and across pin codes on a daily basis and submit reports of the same.

Valuable Advice for Aspiring Entrepreneurs and Leaders “If you are feeling the weight of stereotypes trying to dim the sparkle of your ambitions, then don’t let them! The path you’ve chosen for yourself demands your passionate, hard work. Your journey isn’t just about you. By conquering stereotypes, you’re paving the way for a more inclusive and equal future for all in your industry. Celebrating achievements is important to keep your spirit high for the milestones that are yet to be achieved. Hard and focused work pays off.”

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10

Game-Changing Strategies to Skyrocket Your Business Success

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n today’s highly competitive business landscape, it is crucial to stay ahead of the curve and continuously seek innovative strategies to propel your business to new heights. To achieve sustainable growth and maximize your business’s success, you need to adopt game-changing techniques that can set you apart from the competition. In this article, we will explore ten powerful strategies that can skyrocket your business success. So, let’s dive in!

1. Define Your Unique Value Proposition

To stand out in the market, it’s vital to identify and articulate your unique value proposition (UVP). Clearly define what sets your business apart from others and why customers should choose you over your competitors. Highlight the key benefits, advantages, or solutions you offer, and communicate this message consistently across all marketing channels.

2. Embrace Digital Transformation

In the digital age, businesses must embrace technology and leverage it to their advantage. Invest in robust digital infrastructure, including a user-friendly website, mobile applications, and integrated customer relationship management (CRM) systems.

Leverage social media platforms and digital marketing strategies to expand your reach, engage with your target audience, and drive conversions.

3. Harness the Power of Data Analytics

Data is the new oil, and leveraging it effectively can provide invaluable insights into customer behavior, market trends, and business performance. Implement robust data analytics tools to track and analyze key metrics. Use this information to make datadriven decisions, optimize your marketing campaigns, and personalize your offerings to meet customer preferences.

4. Cultivate a Strong Online Presence

In today’s digital world, having a strong online presence is non-negotiable. Create compelling, SEO-optimized content that resonates with your target audience. Develop a content marketing strategy that includes blog posts, videos, podcasts, and social media engagement. Consistently publish high-quality content that positions you as an industry thought leader and builds trust with your audience.

5. Nurture Customer Relationships

Your existing customers are your most valuable asset. Cultivate strong relationships by delivering exceptional customer experiences at every touchpoint. Offer personalized solutions, promptly address customer queries and concerns, and go the extra mile to exceed expectations. Happy customers will not only become loyal advocates but also bring in valuable referrals.

6. Focus on Employee Development

Your employees are the backbone of your business. Invest in their development and well-being. Provide training opportunities, foster a positive work culture, and empower them to contribute their best. Engaged and motivated employees will be more productive, provide better customer service, and drive innovation within your organization.

7. Collaborate and Form Strategic Partnerships

Collaboration can be a game-changer for your business. Seek out strategic partnerships with complementary businesses or industry influencers. Joint ventures, co-marketing campaigns, or cross-promotions can help you tap into new markets, expand your customer base, and access additional resources. Choose partners aligned with your values and goals to maximize the benefits.

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8. Stay Agile and Embrace Innovation

In today’s rapidly changing business landscape, agility and innovation are critical. Encourage a culture of experimentation and risk-taking within your organization. Stay updated with the latest industry trends, emerging technologies, and customer demands. Continuously innovate your products, services, and processes to stay ahead of the competition and cater to evolving market needs.

9. Prioritize Customer Feedback and Continuous Improvement

Feedback is invaluable for improving your business. Actively seek customer feedback through surveys, reviews, and social media interactions. Analyze this feedback to identify areas for improvement and take swift action. By continuously iterating and refining your offerings based on customer input, you can deliver exceptional value and stay ahead of the competition.

10. Measure, Analyze, and Adapt

To ensure your strategies are effective, establish key performance indicators (KPIs) and regularly measure and analyze your business’s performance. Use tools like Google Analytics to track website traffic, conversion rates, and other relevant metrics. Identify areas of success and areas that need improvement, and adapt your strategies accordingly. By being data-driven and agile, you can continuously optimize your business for success.

In conclusion, implementing these ten game-changing strategies can significantly accelerate your business’s success. Define your unique value proposition, embrace digital transformation, harness the power of data analytics, and cultivate a strong online presence.

Nurture customer relationships, invest in employee development, form strategic partnerships, and stay agile and innovative.

Prioritize customer feedback and continuously measure, analyze, and adapt your strategies. By adopting these approaches, you can position your business for long-term growth, outperform your competition, and achieve unparalleled success in the dynamic business landscape.

Remember, the world of business is ever-evolving, so continuously monitor market trends, adapt to changing customer needs, and be open to exploring new opportunities.

Success favors those who are willing to innovate, adapt, and consistently strive for excellence. Good luck on your journey to skyrocket your business success!

www.tycooninsights.in

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Mithra Multispeciality Hospital The Most Trusted and Emerging Multispeciality Hospital in Karnataka

“A dedicated helping hand that finds its purpose in serving humanity with love, care, and compassion.”

providing people with the best-in-class medical facilities and quality affordable treatments for everyone.

Mithra Multispeciality Hospital was started in 2020 by a team of professionals with a vision to make healthcare ethical and more affordable, as well as to bestow people with highquality care and treatment. The hospital is strategically built in a location so that it becomes easily accessible and patients can recover quickly while being surrounded by the warmth of Mother Nature.

In a conversation with the Medical Director at Mithra Multispeciality Hospital, Dr. Bharath Raj, we discovered so many valuable facts about the hospital’s journey so far and the agendas it has been working on. We also gathered insights from the plans aligned for the future, and we were left in a state of admiration for their purpose. Have a look:

Dr. Bharath Raj

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Medical Director

erving people with quality healthcare is a task that is equivalent to serving God, which is what our Indian culture has preached since ancient times. Because when people are healthy, they live a life of utmost serenity and contentment. It goes undeniably that quality healthcare is a fundamental right of every individual, irrespective of their roots.

Today’s company in focus is one such helping hand for humanity that is staunchly moving ahead with its vision of

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“From its inception, it was imbibed in the mindset that each patient will be treated like one would want to treat their friend with the utmost care and passion.”

Join us as we feature the conversation with Mr. Bharath Raj under the exclusive segment “10 Most Promising Startups to Watch in 2024.”

A Glance at the Journey and Founding Values

MMH’s ethos lies in its commitment to serving people with health and happiness. As a multi-specialty hospital, Mithra Multispeciality Hospital provides medical and surgical services, including general services, speciality services, and super speciality services in sports medicine, joint

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workshops to enhance the standards of professionalism among its employees. The hospital, being in the middle of the Electronic City IT corridor, the Bommasandra industrial area, and the rural area, including the villages of Vabasandra, Hulimangala, Kyalasanahalli, and Bandenalla Sandra, serves both urban and rural populations. The patients, irrespective of their background, appreciate the quality of treatment given, the transparency of the cost of the services, and the facilities available.

The Upcoming Chapters

replacement, neurosurgery, microvascular and deformity surgery, gyneconcology and surgical gastroenterology.

The hospital’s top-notch infrastructure and availability of highly advanced medical equipment for performing complex surgeries like microvascular surgeries, reimplantation procedures, ophthalmology treatments, and much more make it an unbeatable choice for people.

Additionally, the hospital is armed with advanced operation theaters and diagnostic labs that are completely automated.

This array of remarkable services comes with cost-affordability in the first place. The crucial factors of patient budget and affordability are taken care of by providing counseling services to each patient and hospital attendees to make them understand the severity of the condition and the prognosis. All of this is taken care of under the supervision of the specialists in that department.

Mithra Multispeciality Hospital is planning to further expand its presence by establishing new branches in Bangalore, especially in rural areas, and later in other parts of Karnataka. With the future of health care shifting towards the convenience of access through online and homebound modes, MMH is working relentlessly to cement its position here too. Mithra Multispeciality Hospitals would look into providing home-based services on a massive scale, catering to a larger population, by reducing the cost of treatment for patients.

In the long run, Mithra Multispeciality Hospital will be among the few hospitals that will be able to cater to the growing middle-class population and guide them about ethical ways of treatment. The measures that would be taken to achieve the aforementioned would be to collect feedback from patients, vendors, and well-wishers.

The patients who have come to the hospital with the hope of receiving genuine care have become the true ambassadors of MMH. The satisfied customers are actively spreading their opinion about MMH’s facilities and friendly care, which in itself is a prideful achievement for the hospital.

The COVID-19 Pandemic Phase

Shaking Hands with Technology

The year after the hospital started, the COVID-19 pandemic reached its peak. The staff members who have been associated with the hospital since its inception came forward to help our countrymen navigate through the difficult times without any second thoughts. MMH also ensured the safety of all of its team members by providing them with easy transport facilities, flexible work hours, and free vaccinations.

The challenge of defeating the COVID-19 pandemic was the goal for MMH’s staff members, which further strengthened the bond of brotherhood and compassion. With the rising costs of treatment and hospitals opening after every short distance, it became a challenging task to maintain the same quality and standard of treatment, which also came with a compromise on people’s trust. However, MMH was certain of its actions and didn’t deviate from its path. The continued efforts bore fruit over the long term.

Propelling Employees Towards Gaining Knowledge

The hospital encourages its entire staff to keep experimenting in the research field to stay updated about the most recent developments in medicine. MMH has been organizing frequent CMEs and presenting presentations in various forums, and

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With the advent of artificial intelligence and robotics in medical treatment, MMH is seeking opportunities to incorporate them into alleviating its services. The team is researching how these technologies can be leveraged to develop alternate methods of treatment to avoid surgeries.

The team is also working on analyzing the data to identify patients with future risks or possible complications. With the vast experience of the team at Mithra Multispeciality Hospital and accolades showered by international schools like Treamis, state-level schools like SFS Academy, and organizations like MedGate Today, India News, and Health 2.0 (Dubai). MMH is only striving to push the boundaries further to give the patients the right ethical and affordable treatment.

Mithra Multispeciality Hospital and the team here believe in themselves and the dream that they can bring a change to the Indian healthcare system. In every step, it hopes to take the right advice from the right person at the right time to further enhance its growth and vision. All in all, their future is bright, and we heartily congratulate MMH for coming this far in their pursuit of excellence. Tycoon Insights hopes that MMH continues to walk on the path it has chosen and bring millions of smiles ahead!!

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AI and Finance

Revolutionizing DecisionMaking in Business

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n the dynamic landscape of modern business, the convergence of Artificial Intelligence (AI) and finance has catalyzed a monumental shift in decision-making processes.

This synergy has unleashed transformative capabilities, revolutionizing the way businesses strategize, analyze data, mitigate risks, and seize opportunities. AI is reshaping the financial sector, empowering businesses to make more informed, data-driven decisions.

Understanding AI in Finance AI, with its machine learning algorithms and predictive analytics, has penetrated various facets of the finance domain. From automating routine tasks to advanced data analysis, AI augments human decision-making capabilities. Machine learning models, trained on vast datasets, discern intricate patterns and trends, providing invaluable insights to financial institutions.

Enhancing Efficiency and Accuracy Incorporating AI in financial operations amplifies efficiency and accuracy. Automated processes streamline tasks like transaction categorization, risk assessment, and fraud detection, reducing human errors and operational costs. These advancements cultivate a more agile and responsive financial ecosystem.

Data-Driven Insights The hallmark of AI in finance is its prowess in extracting actionable insights from colossal datasets. By harnessing machine learning algorithms, businesses gain deeper comprehension of market trends, customer behaviors, and investment patterns.

Such insights empower informed decision-making, optimizing investment strategies and fostering sustainable growth.

Risk Mitigation and Compliance AI technologies fortify risk management and compliance within the financial realm. Predictive models analyze historical data to forecast potential risks, enabling proactive measures to mitigate them. Moreover, AI algorithms ensure adherence to regulatory frameworks, minimizing compliance-related issues.

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Customer-Centric Innovations The fusion of AI and finance has birthed customer-centric innovations. Personalized financial services, chatbots for customer support, and tailored investment recommendations exemplify how AI enriches customer experiences. These innovations enhance engagement, satisfaction, and loyalty among consumers.

Challenges and Ethical Considerations Despite its transformative potential, AI in finance presents challenges and ethical considerations. Concerns regarding data privacy, algorithm biases, and the ethical use of AI loom large. Striking a balance between innovation and ethical considerations remains imperative.

Conclusion In conclusion, the integration of AI in finance heralds a new era of decision-making prowess for businesses. Its ability to streamline operations, derive actionable insights, mitigate risks, and innovate customer experiences cements its pivotal role.

However, navigating the ethical dimensions and challenges demands a conscientious approach. The marriage of AI and finance is a transformative force, shaping the future landscape of business decision-making.

The synergy between AI and finance continues to evolve, promising boundless opportunities and challenges. Embracing this fusion judiciously will define the trajectory of businesses in the ever-evolving global marketplace.

www.tycooninsights.in

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+91 982 0295 628

Cloud9 Beverages An Emerging Trailblazing Face in the Indian Beverage Industry

Mr. Priyesh Ganatra Co-founder

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he Indian beverage market is quite competitive and has a myriad of options to choose from. There is something available for everyone’s preferences!

It makes complete sense because the Indian taste buds are quite elaborate, aren’t they? But there is still a gap for health-friendly and rejuvenating drugs that can meet their expectations in terms of taste, quality, or price.

Tackling all these concerns with an upper hand and disrupting the beverage industry in India is the energy-drink brand Could9 Beverages. Cloud9 Beverages promises to deliver enigmatic experiences by consistently providing highquality, refreshing beverages. With a vision to encourage the manufacturing of beverages for the Indian audience at cost-effective prices, the company was founded by Mr. Mohan Ganatra and Mr. Priyesh Ganatra in 2008. Since its 36

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inception, peculiar and undeterred attention has been placed on constantly prioritizing the customer`s health and taste to provide them with ebullient experiences.

An entirely made-in-India Cloud9 Beverages is rapidly gaining popularity among consumers, offering a diverse selection of pleasant energy drinks, carbonated beverages, and fresh fruit-based drinks. The pivotal factor behind its wide acknowledgment is that the brand leverages innovative technology and market knowledge to keep bringing a touch of uniqueness to its products.

In a conversation with Cloud9 Beverages’ Co-founder, Mr. Priyesh Ganatra, and Director Mr. Vishal Thakkar the editorial team at Tycoon Insights Magazine gained knowledge about this dynamic brand. It was also a delightful experience to learn about their respective entrepreneurial stints. Both www.tycooninsights.in

leaders have rigorously contributed to expanding multiple ventures in the hospitality, beverages, casino, and gaming industries. Tycoon Insights is elated to feature Mr. priyesh Ganatra’s and Mr. Vishal Thakkar’s leadership vagabonds under the exclusive edition of “Top 10 Inspiring Business Leaders Making Difference in 2024.”

A Brief Introduction to the Brand

Cloud9 is the creation of the Shree Jalaram Group of Companies, a corporate conglomerate based in Mumbai.

The corporation operates in a variety of market categories, including online lottery terminals, sports betting, real estate, healthcare, fashion, food and drinks, software development, and casinos. It presently employs over 10,000 people across its different companies. Shree Jalaram Group has created a significant impact in all of the industries in which it operates.

The company’s growth trajectory has been consistent and ambitious, and its business practices are ethical, forwardthinking, and inventive.

Cloud9 Energy’s products are widely available, with distribution in over 30,000 stores and 5,000 wine shops across the country.

Cloud9 Beverages can also be found in exclusive hotels, restaurants, and pubs, showcasing their reach and presence in the market. In a short span of time, the brand has positioned itself as the second-largest player in the Indian energy drink industry. The brand takes sheer pride in providing avant-garde drinks made with strict compliance and attention to hygiene in the production process, ensuring that customers can enjoy their beverages without any concerns.

Curating Products with Rigorous Research and Development

Cloud9 understands that to have a ripping grip on the market, it is crucial to have the deepest understanding of the customer demographics and interests. The taste factor, combined with consumer needs and top market research, made Cloud9 Beverages the most sought-after energy drink brand.

A testament to this is that Could9 Beverages became the first brand to combine the pomegranate flavor in an energy drink.

This instantly became a mass favorite. Following that was the “Caffeine Free Cola,” which also garnered remarkable www.tycooninsights.in

appreciation from the people. This shows that with continuous research and development, any company can disrupt their industries, and that’s how Cloud9 managed to get the ball in its court!

Demonstrating a Profound Dedication to Society

Cloud9 Beverages strongly believes that corporate social responsibility and sustainability are closely intertwined.

The company reflects the same by conducting business in an economically, socially, and environmentally sustainable manner and remaining transparent and ethical in all its dealings.

The company runs a foundation named the Narmadaben Foundation, where animals all across Mumbai are blessed with empathetic care and love. The Narmadaben Foundation also collaborates with many other foundations for swift rescue and hospitalization of various wildlife and common species.

Also, they have nurtured the same in child education and medical treatments through freelance donations and other facilities.

The Road Ahead

With a track record of exposing markets to new and unimagined flavors, Cloud9’s upcoming plans continue to focus on bringing new flavors that are highly anticipated by consumers. The R&D team is also working relentlessly to launch some exotic Indian flavors like lemon, jeera masala, and kala khatta, to name a few. With the support of its researchdriven strategies, Cloud 9 Beverages manifests a bright future coming up for them!

“We are proud of being an entirely Indian brand dedicated to making the Indian entrepreneurial foot stronger at the global level. Our country has seen a paradigmatic rise in the demand for cost-affordable yet high-quality drinks. The opportunities for building a credible brand are immense, and Cloud9 is enthralled by that! We promise to keep maintaining a meticulous dedication to detail and cleanliness so that our people don’t have to worry about their health”, signs off Mr. Priyesh Ganatra and Mr. Vishal Thakkar.

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Unveiling the Quantum Computer Revolution: The Future of Computing is here!

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n the fast-paced world of technology, innovation continues to push the boundaries of what we thought was possible. One such breakthrough that has captivated the attention of scientists, researchers, and tech enthusiasts alike is the advent of quantum computers. Quantum computing represents a paradigm shift in the field of computation, promising unparalleled processing power and capabilities. In this article, we will delve into the world of quantum computers, exploring their potential, applications, and the exciting future they hold.

Understanding Quantum Computing

Before we can fully appreciate the impact of quantum computers, let’s first grasp the fundamental principles behind this ground breaking technology. Traditional computers rely on binary digits, or bits, which can represent either a 0 or a 1.

Quantum computers, on the other hand, leverage the principles of quantum mechanics to use quantum bits, or qubits. Unlike classical bits, qubits can exist in multiple states simultaneously, thanks to a phenomenon known as superposition.

Harnessing Quantum Superposition and Entanglement

Superposition allows qubits to be in a state of 0, 1, or both simultaneously, exponentially increasing the computational possibilities. This ability to process vast amounts of information in parallel offers a substantial advantage over classical computers, which can only perform sequential calculations.

Additionally, quantum computers exploit a phenomenon called entanglement, where the state of one qubit is intrinsically linked to the state of another. This property enables quantum computers to solve complex problems efficiently and tackle computations that were previously unattainable.

Quantum Computers vs. Classical Computers

To truly grasp the potential of quantum computers, it is essential to compare them with their classical counterparts. While classical computers excel at performing precise calculations and executing algorithms, they struggle with problems involving massive amounts of data or complex optimization. Quantum computers, with their ability to process multiple possibilities simultaneously, have the potential to solve complex problems such as prime factorization, molecular simulations, and optimization challenges with greater speed and efficiency.

Real-World Applications of Quantum Computing

The potential applications of quantum computers are vast and diverse, and their impact can revolutionize numerous industries. Let’s explore a few of the exciting areas where quantum computing is poised to make a difference:

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A.

Cryptography and Security: Quantum computers have the potential to break traditional encryption methods, but they can also offer enhanced security through quantum cryptography protocols.

B.

Drug Discovery and Material Science: Quantum simulations can expedite the discovery of new drugs and materials by accurately modelling their behaviour at the molecular level.

C.

Optimization and Logistics: Quantum algorithms can optimize complex systems, enabling efficient route planning, supply chain management, and resource allocation.

D.

Machine Learning and Artificial Intelligence: Quantum machine learning algorithms have the potential to process and analyse vast amounts of data, leading to advancements in AI and pattern recognition.

Overcoming Challenges and Limitations

While the future of quantum computing is undoubtedly bright, several challenges and limitations must be addressed. Quantum systems are highly sensitive to noise, making it challenging to maintain stable qubits over extended periods. Researchers are actively working on developing error correction techniques to overcome this limitation. Moreover, the scalability of quantum computers remains a significant hurdle, as increasing the number of qubits introduces additional complexities. However, with advancements in technology and research, these obstacles are gradually being overcome.

The Quantum Revolution and Its Impact

The emergence of quantum computers marks a significant milestone in the history of computing. Their unrivalled processing power can unlock new frontiers in science, engineering, finance, and many other fields. By solving complex problems faster, quantum computers can contribute to scientific discoveries, drive technological advancements, and revolutionize industries. As we continue to explore the capabilities of quantum computers, we can expect transformative breakthroughs that will shape the future of computing.

Conclusion In conclusion, the quantum computer revolution is upon us, and it promises to redefine the limits of computing power. Quantum computers harness the principles of superposition and entanglement to process vast amounts of information simultaneously, surpassing the capabilities of classical computers. With their potential applications in cryptography, drug discovery, optimization, and artificial intelligence, quantum computers have the power to solve problems that were previously unsolvable. However, challenges such as noise sensitivity and scalability must be addressed to fully unleash their potential. As we embark on this quantum journey, researchers, scientists, and technology enthusiasts eagerly anticipate the ground breaking discoveries and advancements that lie ahead.

The future of computing is here, and it is poised to transform the world as we know it. www.tycooninsights.in

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SOLARIUM DRIVING MASS ADOPTION OF SOLAR IN INDIA

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ndia is one of the biggest tropical countries in the world. Naturally, it has a massive solar energy investment potential. Despite that, the number of successful solar projects and companies has been few and far between. Meanwhile, India’s primary source of energy production remains coal and these reserves are slated to run out by 2050. The situation is getting more and more urgent and it is time for the private sector to rise to the occasion to fulfil the energy production gap.

Solarium, established by Ankit Garg in 2017, was created with the idea of bringing global solar energy generation technologies to India at affordable prices.

The company has achieved a lot by being No. One Company in the Indian Residential Market in a very short time, not least of which is bringing a lot of trust into a very volatile market. As it continues to grow into more states, we look at how the company has fared so far and how it is poised to tackle India’s rapidly rising demand for quality solar energy solutions.

A Vision for a Solarised India

Ankit Garg - Founder And MD Solarium Green Energy

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Ankit Garg graduated from IIT Dhanbad with a specialization in Mining Machinery Engineering in year 2011. When he started evaluating the renewable energy domain, he identified the dominance of the sector’s lack of materials quality and dependency on China and a lot of scope for manufacturing in India. He founded Solarium as a holistic solar energy solutions provider integrating Smart solar PV modules, EPC, and O&M expertise into the service portfolio.

The unique aspect of Solarium is that they offer 100% made in India PV modules integrated with the Solutions for Residential and Industrial Customers.

This has allowed the company to rise rapidly in client numbers as well as its presence across the country.

At present, it operates in 40 cities while routing all manufacturers from its in-house production facility in Gujarat. The company has reportedly successfully completed 10000+ Residential projects in a short span. www.tycooninsights.in

TEAM SOLARIUM Leading With Innovation

Integral working/manufacturing processes, leadership vision, and retaining in-house experts with formidable experience in the industry – are some of the many things Solarium does well. The best reflection of Mr Garg’s commitment to excellence is visible in the Gujarat manufacturing facility. It boasts international-tier equipment and fittings including Solar Cell Tabber and Stringer, Laminator, and Quality Control. Naturally, the production also creates only the highest-grade PV Modules. The in-house staff possesses comprehensive Poly/Mono/PERC Crystalline Solar Modules development know - how in line with BIS, IEC, and MNRE standards.

Corresponding to its stellar manufacturing facility, Solarium also has a massively resourceful R&D division. According to Mr Garg, this is one of the major reasons why they have charted such rapid growth since its inception. The company now offers ecofriendly Energy Storage solutions with increased capacity and software enhancements. The unique value proposition here is that the software can tie the PV Modules’ energy generation to make optimal use and reduce the overall diesel consumption as well.

This is one of the many minor advancements and innovations that is putting Solarium on the national solar energy map.

Solarium has also added Lithium-ion batteries and energy storage solutions to its solutions portfolio. Plus, the manufacturing unit in Gujarat has grown to a 100 MW manufacturing capacity. Mr Garg also says that they have increased their manufacturing capacity to match increased demand from the market. This shows how the company’s products and manufacturing ethic speak for its efficiency and cutting-edge approach to delivering solar energy solutions.

A Dynamic Corporate Culture

While Solarium started off with only a handful of people, the company has grown massively since then. At present, it has over 150 driven individuals with high-end professional expertise working with it. One of the reasons why Solarium has attracted high-skill individuals has to do with Mr Garg’s leadership skills.

He is not only interested in generating quality solar solutions but www.tycooninsights.in

also in fostering an ecosystem defined by innovation.

The company has a very well-defined and robust employee remuneration and retention process and has a specialized department dedicated towards the same. Further, the company’s international-tier work culture allows employees to maintain a very good work-life balance. The pandemic years have been a true test for Solarium’s employee welfare and retention ideals.

Despite the massive holdups in the sector, the company managed to finish more than 10000+ Residential projects and showed great resilience to volatile market conditions.

Banking on a Bright Future

Financially speaking, Solarium has been turning out a consistent profit even during the pandemic. In 2018- 19, the company’s turnover stood at INR 4 Cr and at INR 44 Cr, followed by INR 80 Cr in 2020-21 & INR 178 Cr in 2021-22. According to Mr Garg, the company is set to reach an INR 350 Cr. turnover milestone in this financial year. It has also received induction into prestigious lists like Silicon India’s ‘Top 10 Energy Solutions Provider in 2019’, ‘The CEO Insights’ ‘Top 10 Leaders in Manufacturing in 2021’ and Business Connects ‘Company of the year in 2022’ All of these milestones, however, remain only a shining summation of the company’s processes and prospects. The real achievements, as Mr Garg states, have to do with bringing solar energy to the nation at large. India has a rapidly rising need for alternative energy sources to fuel its rising electrical needs. Solarium strives to address these by expanding its consumer base through selective but strategic tech innovations. These may involve partial imports from the international market as well as homegrown innovations to match the pace of global solar energy tech advancements.

As the Indian market opens up after COVID-19, the pressure will be on the government to ramp up development. In that light, solar energy will be a large part of the overall energy development narrative that spell’s the nation’s future potential. Solarium is well-poised to deliver an ever-increasing value proposition to its captive markets and clientele as well as the broader market in the country. As such, its future looks very promising and can only look increasingly upward from its present status.

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Entrepreneurial Mindset Cultivating Success Habits for Business Triumph

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n the realm of business, success isn’t just about innovative ideas or financial prowess; it’s also heavily reliant on the mindset and habits of the entrepreneur. An entrepreneurial mindset isn’t an inborn trait; it’s a set of attitudes, behaviors, and beliefs that can be cultivated and honed over time. Here’s a comprehensive guide on fostering an entrepreneurial mindset to pave the way for triumph in the business landscape.

1. Embrace a Growth Mindset

Embracing a growth mindset is fundamental for entrepreneurial success. This mindset hinges on the belief that abilities and intelligence can be developed, fostering resilience and a passion for learning. Entrepreneurs with a growth mindset view challenges as opportunities for growth rather than obstacles.

2. Visionary Thinking and Goal Setting

Visionary thinking involves the ability to conceptualize a future that doesn’t yet exist. Successful entrepreneurs possess a clear vision of their goals and work systematically towards achieving them. Setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals allows entrepreneurs to stay focused and track progress effectively.

3. Adaptability and Flexibility

In the dynamic landscape of business, adaptability and flexibility are indispensable qualities. Entrepreneurs must be willing to pivot their strategies, adapt to market changes, and embrace innovation to stay ahead. Being flexible in approach allows for quick adjustments and the ability to seize emerging opportunities.

4. Resilience in the Face of Adversity

Resilience is the ability to bounce back from setbacks and failures. Entrepreneurs encounter numerous challenges on their journey, and resilience acts as a shield against discouragement. Embracing failure as a stepping stone to success and learning from mistakes is pivotal for sustained growth.

5. Risk-Taking and Decision-Making

Successful entrepreneurs are not averse to taking calculated risks. They weigh potential outcomes and make informed decisions even in uncertain situations. Risk-taking is essential for growth, and calculated risks often lead to breakthroughs that propel businesses forward.

6. Building a Strong Network

Networking plays a crucial role in an entrepreneur’s journey. Cultivating relationships within the industry fosters collaborations, mentorships, and opportunities. Networking helps entrepreneurs stay updated with industry trends and gain valuable insights from experienced peers.

7. Time Management and Productivity

Effective time management is pivotal for entrepreneurial success. Prioritizing tasks, setting schedules, and delegating responsibilities optimizes productivity. Entrepreneurs value their time and allocate it to activities that yield the most significant impact on their business.

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8. Continuous Innovation and Creativity

Continuous innovation distinguishes successful entrepreneurs. They consistently seek ways to improve products, services, or processes, staying ahead in a competitive market. Fostering creativity encourages out-of-the-box thinking and drives innovation.

9. Commitment to Learning and Self-Development

Entrepreneurs committed to continuous learning and self-development acquire new skills and knowledge to adapt to evolving market trends.

Reading, attending workshops, and seeking mentorship contribute to their personal and professional growth.

10. Conclusion

In conclusion, an entrepreneurial mindset isn’t merely a trait; it’s a culmination of habits and attitudes that pave the way for success in the business world. Cultivating these success habits—embracing growth, visionary thinking, adaptability, resilience, risk-taking, networking, time management, innovation, and commitment to learning— positions entrepreneurs on the path to triumph in their ventures. By integrating these practices into daily routines, aspiring and established entrepreneurs can foster an environment conducive to business growth and long-term success.

Remember, success isn’t just about the destination; it’s about the journey and the mindset that fuels it. Cultivate these success habits, and watch as your entrepreneurial endeavors flourish.

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February 2024 45

Mr. Ratheesh Nair: Successfully leading a Health Based Rewards Platform and delivering innovative ideas to clients

H

ealth is not valued till sickness comes. What if we all start focusing on wellness, even when there was no disorder diagnosed, it will be amazing right? To enjoy the glow of good health one needs to persistently make efforts in that direction. In a freewheeling interview with, Ratheesh Nair, Founder & CEO, Watch Your Health.com India Private Limited, an enterprise providing Enterprise-level Engagement and Health Based Rewards in the health domain. Let us read the full interview highlighting his inspiring journey

Overview of the company

The company is India’s primogenital HealthTech enterprise that drives persistency through health based rewards. They work closely with B2B partners on shared value programs to actively engage and create a business using Enterpriselevel Engagement Programs, predominantly focusing on health. A phygital solution is provided for customers to build their fitness and wellness journey, motivating them through rewards to cultivate long-lasting healthy habits.

The radically distinctive technology and hi-tech digital platform enable their customers to devotedly engage the clients. With their expertise in that field, the company manoeuvres their client’s customers in reaching their respective health-related goals. Both technical, as well as manual interventions, provide a holistic and onestop solution for clients. The whole essence is to engage customers with the corporate brand by granting them rewards so that they are grossly hooked with the brand, eventually pushing their business growth.

The inception of the company

The story starts in the year 2015 when three founding members, Jay Patel (CFO), Prachi Sheth (Strategy and Research) and Ratheesh got together with this novel idea 46

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Ratheesh Nair Founder & CEO

Watch Your Health.com India Private Limited

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in the space of health-driven by innovative technologies. The epic journey was started with the sole purpose of dedicatedly transforming lives through unique health and wellness drives.

Year after year, they have flourished in the InsurTech and HealthTech domains with utmost sincerity.

Walking the road of an entrepreneur

The very quest and pursuit to adopt the latest technologies was the cornerstone of the current business model they are in today.

Throughout Ratheesh’s professional career, he witnessed that corporate clients were never connected with their customers.

He could perceive a huge gap in the customer retention aspect and this is what triggered him to take the bold step of making the corporate understand importance of engagement and rewards in retention. In 2015, a lot of Fintech players ventured into their businesses in India, whereas there was no such push in the health segment. He quickly identified the scope for new technology to be instilled in the health domain. He further believed that there was a need to push people to focus on wellness, even when there was no disorder diagnosed. His extensive experience in online consumer behaviour helped him courageously adopt the shift to the online business model. His passion led to successfully curating some intuitive products.

During the Covid phase, people realized the importance of health and wellness which gave a big boost to the platform.

Lessons learned from the challenges faced

For Ratheesh, keeping abreast with the latest technology and working on various ways to interface with their solutions was probably the most challenging part. But this allowed the team to grind day in and day out and think of out-of-thebox solutions. Crossing all the imaginative prowess to curate innovative solutions allowed them to set the new benchmark.

The life of an entrepreneur

Ratheesh believes that entrepreneurs are innovators. He says that while turning the pages of history one will find that new technologies were once just an idea but some amazing entrepreneurs have bought life into them. All these aspects have struck his chords deeply. Although as one moves forward, one faces all kinds of challenges that were never encountered before. The stakes get higher but also wants to assure that cometh the hour and you will be able to rise to the occasion.

A strong team is required where people can learn and learn from. In the most difficult of times, focus on the great things that success can offer and allow yourself to celebrate the success you experience.

Values and Ethics play a vital role

One ethic that Ratheesh follows is to be responsible, which he believes is something that cannot be forced upon you. Rather one’s approach makes them responsible for the assigned job. To him, if one is to be responsible, he has to see his organization’s success or failure as much as their ones. He adds that one must

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pledge before any action to commit themselves to a specific result, irrespective of external factors coming along the way.

The perception of success and building habits

Passion, freedom and impact have been the drivers that determine success for Ratheesh. Sheer passion provides a special view of the world that others might not see. Questions like, what is your true passion, what makes you excited are needed to be asked. From the point of view of Ratheesh, passion will create a difference. Freedom will allow one to spend time and money at their convenience. Lastly, the impact should be at the core of the business that is reflected in the business of Watch Your Health.com. All these three key elements work hand-in-hand. Hence the best way is to identify the passion, understand the meaning of freedom and ask oneself what kind of impact they can bring to the business.

Motivation strategies and the working culture

Creating an open environment is key where people feel engaged. The right connection between the team’s objectives and organizational goals is highly imperative. Mini milestones rather than big achievements are what keeps employees motivated each day. As a leader, Ratheesh ensures that employees lead with their ideas and nurture a culture of problem-solving.

An ideal work culture with open communication channels is created where people work in teams and valuable contributions are recognized.

The traits of an ideal candidate

Ratheesh speaks about each job requiring a unique set of skills.

For their business, integrity, work ethic, communicativeness, technical competence, determination, loyalty and adaptability are the key traits. Being a start-up enterprise, the primary objective is to attract candidates who are wily, tireless and problem solvers.

Milestones and achievements

The company has overwhelmingly managed to improve the persistency ratio of clients by a staggering 20% improving the engagement ratio from 0.83% to 22%. The impact is an increase in the sum insured by the clients witnessed a monumental rise from -4% to 79%. Moreover, they managed to bring down the claim ratio of the clients by 10%, which if converted in numbers, comes to a few tens of crore rupees.

Company’s prospects

They wish to be regarded as the biggest ‘Reward-based Health Platform’ in India and also diversify into the pharma sector.

They also wish to replicate this model in all possible sectors with a deeply driven ambition to carry the success to international shores.

Ratheesh says, “Always remember WHY you started.

Your answer to it will automatically make things fall in place”

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10 Proven Strategies for Scaling Your

I

Business to New Heights

8. Seek Funding Options

Scaling a business often requires additional capital investment. Explore various funding options, such as loans, venture capital, angel investors, or crowdfunding, to fuel your growth initiatives. Prepare a comprehensive business plan and financial projections to present to potential investors or lenders. Funding can provide the necessary resources to expand your operations, develop new products or services, and enter new markets.

n the fast-paced and competitive business landscape, scaling your business is crucial for long-term success and growth.

Scaling allows you to expand your operations, increase revenue, and reach new heights. However, achieving sustainable growth requires careful planning and the implementation of proven strategies. In this article, we will explore ten effective strategies to scale your business successfully.

1. Develop a Clear Vision and Strategy

Before embarking on the journey of scaling your business, it is essential to have a clear vision and strategy in place. Define your long-term goals, identify your target market, and analyze your competition. Create a roadmap that outlines the steps and milestones necessary to achieve your vision. A well-defined strategy provides direction and ensures that your efforts are focused on the right areas.

9. Continuously Monitor and Analyze Data

Scaling your business cannot be accomplished single-handedly. Building a strong team is vital to support your growth aspirations. Hire individuals who align with your company culture and possess the skills and expertise required to drive your business forward. Foster a collaborative work environment that encourages creativity, innovation, and continuous learning.

A strong team will help you overcome challenges and propel your business to new heights.

Data-driven decision-making is essential for scaling your business intelligently. Implement robust analytics and reporting systems to track key performance indicators (KPIs) and measure the effectiveness of your strategies. Analyze customer data, market trends, and industry insights to identify areas for improvement and make informed business decisions. Regularly monitor and adjust your strategies based on the data to ensure continuous growth.

3. Leverage Technology and Automation

10. Foster a Culture of Innovation

2. Build a Strong Team

In today’s digital age, leveraging technology and automation is crucial for scaling your business efficiently. Implement systems and tools that streamline your operations, enhance productivity, and improve customer experiences. Utilize customer relationship management (CRM) software, project management tools, and automation platforms to automate repetitive tasks, freeing up valuable time for strategic initiatives.

To stay ahead of the competition and sustain long-term growth, fostering a culture of innovation is paramount.

Encourage your team to think creatively, explore new ideas, and embrace calculated risks. Implement processes that encourage innovation, such as brainstorming sessions, cross-functional collaborations, and continuous learning opportunities. By fostering a culture of innovation, you can adapt to changing market dynamics and drive breakthrough solutions.

4. Expand Your Online Presence

To scale your business effectively, you need to establish a strong online presence. Develop a comprehensive digital marketing strategy that includes search engine optimization (SEO), social media marketing, content creation, and paid advertising.

Optimize your website for relevant keywords and create engaging content that resonates with your target audience. Build a robust online brand that attracts and retains customers.

Conclusion

Scaling your business to new heights requires a strategic approach and a combination of various proven strategies. By developing a clear vision, building a strong team, leveraging technology, expanding your online presence, focusing on customer retention, developing strategic partnerships, implementing scalable systems, seeking funding, analyzing data, and fostering a culture of innovation, you can pave the way for sustainable growth and achieve your business goals.

Remember, scaling is a journey that requires adaptability, perseverance, and continuous improvement. Embrace these strategies, stay agile, and watch your business soar to new heights.

5. Focus on Customer Retention

While acquiring new customers is important for growth, focusing on customer retention is equally crucial. Loyal customers not only provide repeat business but also act as brand ambassadors, spreading positive word-of-mouth recommendations.

Implement customer retention strategies such as personalized communication, loyalty programs, and exceptional customer service. By nurturing existing relationships, you can maximize customer lifetime value and drive sustainable growth.

6. Develop Strategic Partnerships

Strategic partnerships can significantly accelerate your business growth. Identify complementary businesses or industry influencers that share your target audience and values. Collaborate on joint marketing campaigns, cross-promotions, or product integrations. Strategic partnerships allow you to tap into new markets, access a broader customer base, and leverage shared resources and expertise.

7. Implement Scalable Systems and Processes

As your business expands, it becomes essential to implement scalable systems and processes. Streamline your operations, eliminate bottlenecks, and automate workflows where possible. Document standard operating procedures (SOPs) to ensure consistency and efficiency across all aspects of your business. Scalable systems and processes lay the foundation for sustainable growth and enable you to handle increased demands effectively.

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February 2024 49

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