City Today News (City today.media)

CIEL Group Announces Strategic Investment in Tech Platforms as part of its IPO Roadmap

Posted on December 1, 2022December 1, 2022 by City Today News (City today.media)

● Strategic investment in Jombay, India’s leading HR Tech platform for talent assessment and development

● Launches a Tech platform, ProSculpt connecting the four pillars of the employment eco-system namely student, faculty, institution and industry

● Launches HfactoR 2.0, HR Suite combined with mobile based recruitment platform

● Records 80% y-o-y growth in revenue for H1’ 22-23, significantly higher than the staffing industry growth rate

Bengaluru, 1st December 2022: Leading towards the IPO plans, CIEL HR Services, one of the leading workforce and skilling solution companies in India, is taking strides in its expansion plans by organic as well as inorganic growth.

Charting its inorganic growth journey, CIEL announced a strategic investment today into Next Leap Career Solutions Private Limited (Brand name: Jombay) by signing a definitive agreement to acquire its 100% equity stake in tranches. This acquisition is part of its strategic vision to expand its offering in the HR services space. With this acquisition, CIEL Group strengthens its position further as a workforce solutions company leveraging technology.

Jombay’s technology solutions are used by more than 500 marquee organizations for identifying and building great managers and leaders and making them future ready. Every year more than 200,000 managers and leaders go through Jombay’s Assessments & Development programs. It is a “made in India, made for the world” platform built by a team of Business Psychologists, Engineers and Product Entrepreneurs. Jombay enjoys a strong HR community connect including the HR40under40 initiative. Pi Capital and Legalogic has advised Jombay through this deal and NovoJuris represented CIEL.

Recording a 80% growth in y-o-y revenue for H1’ 22-23, CIEL continues to chart its organic growth journey by expanding its geographic footprint and service offerings. CIEL operates from 74 offices across 50 locations now; continues to expand further. New service offerings introduced recently are:

· Started EPC Staffing vertical to cater to the specialised recruiting and staffing needs of Oil and Gas, Energy, Process and Power sectors.

· Started offering services under NAPS (National Apprenticeship Promotion Scheme) under Ministry of Skill Development and Entrepreneurship, Government of India.

· Accelerated Managed Services Programmes to help companies optimise their IT operations via SLA-based plug-and-play solutions.

· Launched CielJobs 2.0, India’s first SkillTech platform to expand our reach among candidates and thereby increase mandate conversion in the Staffing business; also, to attract employers to post jobs and generate applications.

· Introduced CIEL Rapid, hi-tech hi-touch initiative to cater to the recruitment needs of SMEs (small and medium enterprises) and startups

ProSculpt leverages CIEL HR’s immense industry network to bring to educational institutions and students the best opportunities for final placements and internships. ProSculpt is also a pioneer in providing consulting and industrial immersion opportunities for the faculty members. Industry reaps the huge benefits of reaching in an agile way a wide and diverse spectrum of talented freshers seeking employment and internships while leveraging the capabilities of a hitherto untapped talent pool, the faculty members of the colleges and universities.

The ProSculpt platform also enables students access a wide array of learning content and assess themselves and plan their learning journey towards higher job-related knowledge and skills. For students, this gives them a Ma Foi employability score that reflects their competence in their chosen domain and goads them to invest in their own growth. To employers, the Ma Foi score is a validated score for quick short listing and acts as an aid in the hiring process. ProSculpt eliminates the divide between urban and non-urban colleges and provides a level playing field, for students, for both learning and internship opportunities and final placements.

The platform offers a plethora of services like placement preparatory programme, upskilling courses, student community connect, wellness programs and much more.

Commenting on the occasion, Mr. K Pandiarajan, Executive Chairperson and Director – Ma Foi Group & CIEL Group said, “I take this opportunity to congratulate the team for expanding its technological capabilities that solidifies the leading position of CIEL as a brand in the Indian HR services space. 80% growth in H1 and the onset of the inorganic journey shows the growth ambitions and the inherent strength of the brand. I am confident that CIEL, the fastest growing player among the Top 10 in India’s HR industry, will continue to lead the innovations and emerge as one of the Top 5 workforce and skilling solution companies in India by 2025.”

Talking about the Jombay acquisition, Mr. Aditya Narayan Mishra, Managing Director & CEO – CIEL HR Services said “This acquisition, in line with our IPO plans, is part of our strategic vision to expand our technology-led offerings in the HR services domain. Moreover, it will complement our existing subsidiary Integrum Solutions operating in HR technology space and will help us expand our client portfolio in the market. With this acquisition, we penetrate deeper in the market and expand our margins.”

Mr. Mohit Gundecha, CEO – Next Leap Career Solutions (Jombay), said “We are excited to combine forces with CIEL having a vast customer base and industry-leading geographic footprint in the HR services sector. This will help Jombay further expand its customer footprint and market penetration of its product portfolio mix across Talent Management, Capability building, Talent Identification and Succession Planning.”

Speaking on the launch of ProSculpt, Mr. Rajiv Krishnan, Managing Director & CEO – Ciel Skills & Careers and MaFoi Strategy said “We are happy to introduce ProSculpt as a disruptor that will bring the universes of students, educational institutions, faculty and industry much closer together eliminating the wide-spread Type A/ Type B hiring errors; cutting through the urban and semi-urban divide; and, moderating and eliminating the vernacular and English medium divide. It gives students control over their destinies by providing vast learning and self-improvement opportunities and access to coaches, mentors and wellness guides. For the faculties, often a forgotten but hugely important and pivotal part of the campus experience, ProSculpt brings immense opportunities for immersive learning and consulting. We are confident that ProSculpt will holistically transform student skilling, learning and employability and fulfil industry’s insatiable appetite for bright and highly skilled talent.

City Today News – 9341997936

ŠKODA AUTO INDIA REGISTERS 102% GROWTH IN NOVEMBER

Posted on December 1, 2022 by City Today News (City today.media)

› 4,433 cars sold in November 2022

› January to November 2022 sales is more than double the annual sales of 2021

› ŠKODA AUTO India at the brink of the 50,000 annual sales landmark

Mumbai, 1 December, 2022 – November has been a month of attaining new peaks for ŠKODA AUTO India. After the recently concluded ‘Peak to Peak’ drive, which saw participation of auto experts from India and across the globe, ŠKODA AUTO India registered sales of 4,433 units last month, resulting in a rise of 102% over the same period last year, wherein 2,196 cars were sold.

These escalating sales numbers see ŠKODA AUTO India double its annual sales over 2021, with a month more to go in 2022.

Petr Šolc, Brand Director, ŠKODA AUTO India, “We recently crossed the landmark of our all-time high sales record, becoming the third largest market for ŠKODA AUTO a.s. With our November sales, I am happy to share that we have doubled our annual sales this year, over 2021, with a big month of December still to go. After being adjudged the safest car in India, the KUSHAQ leads our growth, along with our award-winning sedan, the SLAVIA. We have consistently maintained our growth momentum, and look forward to closing the year on a new high.”

Cumulatively, from January to November 2022, ŠKODA AUTO India has sold 48,933 units, which is more than double of the 23,858 cars sold annually in 2021. This also brings the company closer to its 50,000 cars annual target for 2022.

Along with having its Biggest Year, India has also become ŠKODA AUTO’s third largest market internationally. Further to its INDIA 2.0 strategy that also focuses on customer centricity, ŠKODA AUTO India has fully digitalised its showrooms with revolutionary immersive and interactive technologies that redefines the car-buying experience for its customers. It is one of the key drivers in helping the company’s objectives in being closer to customers, expanding its network and catapulting the number of touchpoints from 175 in December 2021 to over 220 as on date.

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LG LAUNCHES NEW RANGE OF FROST FREE REFRIGERATORS

Posted on November 30, 2022 by City Today News (City today.media)

India’s leading consumer durable company, LG Electronics has been persistent with its commitment to making life better for its consumers through innovation and technology. Adding to their extending list of LG Frost Free Refrigerators, LG has now launched a New Range of Frost Free Refrigerators T262/312 Series at Devi International, Jayanagar, Bangalore.

The Launch event was presided over by Mr.Joju Thomas, Branch Manager, LG Electronics, Mr.Srikanth, Partner, Devi International and Mr.Prabhat Kashyap.

Launching the New Range of Frost Free Refrigerators, Mr.JojuThomas said “The New Series of Refrigerators – T262TDSX/T262TPZX and T312TESX are a excellent set of new range frost free refrigerators for consumers, who are looking for Great value addition”.

The New Series of Refrigerators comes with “Smart Inverter COmpresssors” , “Door Cooling+ Technology”, “Smart Convertible”, “Smart Diagnosis:, “Emicom + Thinq” and many more features to make it one of the most advanced refrigerators in its category. – 9341997936)

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Zetwerk Makes Its 4th Acquisition, Acquires U.S.-based Unimacts at a Valuation of $39 Million, To Strengthen Its International Operations

Posted on November 30, 2022 by City Today News (City today.media)

– This announcement comes less than six months after Zetwerk acquired three Indian manufacturing supply chains across aerospace & defense, oil & gas, and railways segments

Bengaluru,November 30, 2022: Zetwerk Manufacturing, the global source of manufacturing across industrial and consumer products, today announced it has acquired Unimacts, a leading manufacturing services company operating within various industries including industrial products, material handling, and renewable energy segments.

Zetwerk’s acquisition of Unimacts will position the company for additional expansion and diversification, providing immediate access to marquee solar and wind-power customers. Additionally, Zetwerk will gain access to the large-scale consolidated demand Unimacts has generated thus far, which will be serviced by the company’s massive global supply base. Similarly, the company will benefit from Unimacts’ notable industry expertise in renewable energy manufacturing and an endless supply of highly specified mechanical products, logistics support, design for manufacturing, inventory management, and near-customer warehousing.

The executive team at Unimacts, including Matthew Arnold, CEO, Andrew Woglom, CFO, and Alan Hays, COO, along with the team at Unimacts, will be joining Zetwerk, bringing the global employee count to 1,900.

For Unimacts, this acquisition will equip the company with the necessary capital to scale up its presence in the U.S., Europe and Mexico, along with access to a strong off-shore footprint in India and Vietnam. Overall, Unimacts’ customer relations, supply partners and business operations will remain unaffected.

“Unimacts’ offerings in the U.S., Europe and Mexico markets complement our existing portfolio and vision of being a global leader in the manufacturing space,” said Amrit Acharya, Co-founder and CEO of Zetwerk. “This acquisition will immediately expand our presence in North America and position Zetwerk for additional expansion in the coming months. We are excited to usher in a new era of intelligent manufacturing for our customers, partners, and our planet.”

“Over the last decade, we have been working to scale our global supply chain and contract manufacturing businesses to better serve customers throughout North America and Western Europe,” said Matthew Arnold, CEO of Unimacts. “Partnering with Zetwerk will allow us to accelerate our growth and global reach and provide more comprehensive solutions to our customers. With the recent $1.2 Trillion infrastructure bill and Inflation Reduction Act, the renewable energy sectors of solar and wind in the US are poised for significant growth. These have been the primary end markets for Unimacts over the last five years and we are excited to pursue significant growth in these markets with our new partners. We strongly believe that joining the Zetwerk family will translate into broader offerings for customers in the U.S. and around the world, increase growth opportunities for employees and facilitate new business opportunities for our suppliers”.

Zetwerk’s 2021-2022 financial results showcased strong growth across categories. The company’s gross merchandise value grew six-fold, to $770 Million from $130 Million, and the operating revenue expanded to $670 Million from $110 Million in 2020-2021. The company is on track to do well over $1 billion of revenue in the current fiscal year.

“With this acquisition and expansion in North America, Zetwerk is well positioned to help even more businesses create self-reliant supply chains in renewable energy and infrastructure,” said Vaibhav Agrawal, Partner at Lightspeed Venture Partners and Zetwerk Board Member. “Gleaned through deep manufacturing and internet experiences, Zetwerk co-founders have built an intelligent platform for customers to maximize manufacturing capacity, reliability and scope at the click of a button. This is why Fortune 500 enterprises are expanding their purchase volumes, securing orders from Zetwerk 3-5 years in advance.”

Zetwerk has more than 2000 customers across North America, Asia-Pacific and the Middle East, and a network of more than 10,000 manufacturing partners worldwide.

For more information about Zetwerk, please visit zetwerk.com.

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“ಸೇವಾ ಚೇತನ – 2022” ಬೃಹತ್ ಉಚಿತ ಆರೋಗ್ಯ ಮತ್ತು ರಕ್ತದಾನ ಶಿಬಿರ

Posted on November 30, 2022 by City Today News (City today.media)

“ಸೇವಾ ಚೇತನ – 2022” ದಿನಾಂಕ 03.12.2022, ಶನಿವಾರ ಬೆಳಿಗ್ಗೆ 7.00ರಿಂದ

ಬಂಟರ ಸಂಘ ಬೆಂಗಳೂರು ಚಾರಿಟೇಬಲ್ ಸಂಸ್ಥೆಯಾಗಿದ್ದು, ನಿರಂತರವಾಗಿ ಸಮಾಜಮುಖ ಕಾರ್ಯಕ್ರಮಗಳನ್ನು ನಡೆಸಿಕೊಂಡು ಬರುತ್ತಿದೆ. ಈ ನಿಟ್ಟಿನಲ್ಲಿ ದಿನಾಂಕ 03.12.2022 ಶನಿವಾರದಂದು ವೈದ್ಯಕೀಯ ಸಮಿತಿ ಮತ್ತು ಸಮಾಜ ಸೇವಾ ಸಮಿತಿಯು ಆಯೋಜಿಸಿರುವ ಉಚಿತ ವೈದ್ಯಕೀಯ ತಪಾಸಣೆ ಹಾಗೂ ಪ್ರತಿಷ್ಠಿತ ಆಸ್ಪತ್ರೆಗಳ ಸಹಯೋಗದೊಂದಿಗೆ ಉಚಿತ ಹೃದಯ ಮತ್ತು ಕ್ಯಾನ್ಸರ್ ತಪಾಸಣೆ ಮತ್ತು ಉಚಿತ ಶ್ರವಣ ಯಂತ್ರ ಹಾಗೂ ಕೃತಕ ಕೈ-ಕಾಲು ಜೋಡಣೆ ಹಾಗೂ ಕೇಂದ್ರ ಹಾಗೂ ರಾಜ್ಯ ಸರಕಾರಗಳ ಆರೋಗ್ಯ ಕ್ಷೇತ್ರದ ಯೋಜನೆಯನ್ವಯ ಫಲಾನುಭವಿಗಳಿಗೆ ಉಚಿತ ಸಲಕರಣೆ ಮತ್ತು ಉಚಿತ ಶಸ್ತ್ರ ಚಿಕಿತ್ಸೆ ಮತ್ತು ರಕ್ತದಾನ ಶಿಬಿರ.ಸಿ.ಇ.ಜಿ. (ಇ-ಆಡಳಿತ ಕೇಂದ್ರ) ಮತ್ತು ಸಿ.ಎಸ್.ಸಿ. (ಸಾಮಾನ್ಯ ಸೇವಾ ಕೇಂದ್ರ) ಬೆಂಗಳೂರು ಇವರ ಸಹಕಾರದೊಂದಿಗೆ ಆಧಾರ್ ಮತ್ತು ಪಾನ್‌ ಕಾರ್ಡ್ ನೋಂದಣಿ ಹಾಗೂ ತಿದ್ದುಪಡಿ, ಹಿರಿಯ ನಾಗರೀಕರ ಗುರುತಿನ ಚೀಟಿ /Senior Citizen Card, ಆಯುಷ್ಮಾನ್ ಕಾರ್ಡ್, ಪಡಿತರ ಚೀಟಿ ಸೇರ್ಪಡೆ ಮತ್ತು ತಿದ್ದುಪಡಿ, ಚುನಾವಣಾ ಗುರುತಿನ ಚೀಟಿ/Voter ID ಮುಂತಾದ ಸೇವಾ ಕಾರ್ಯಕ್ರಮವನ್ನು ಹಮ್ಮಿಕೊಳ್ಳಲಾಗಿದೆ.

ಸಂಜೆ ನಡೆಯುವ ಸಮಾರೋಪ ಸಮಾರಂಭದ ಮುಖ್ಯ ಅತಿಥಿಗಳಾಗಿ ಬೆಂಗಳೂರು ದಕ್ಷಿಣ ಲೋಕಸಭಾ ಸದಸ್ಯರಾದ ಶ್ರೀ ತೇಜಸ್ವಿ ಸೂರ್ಯ, ಕರ್ನಾಟಕ ಸರಕಾರದ ಮೀನುಗಾರಿಕೆ, ಯುವ ಸಬಲೀಕರಣ ಮತ್ತು ಕ್ರೀಡೆಗಳ ಮಾಜಿ ರಾಜ್ಯ ಸಚಿವರಾದ ಶ್ರೀ ಪ್ರವೋದ್ ಮಧ್ವರಾಜ್, ರಾಜಸ್ಥಾನ್‌, ಜೈಪುರ ಇ.ಎಸ್.ಐ.ಸಿ ವೈದ್ಯಕೀಯ ಕಾಲೇಜು ಮತ್ತು ಆಸ್ಪತ್ರೆಯ ಡೀನ್, ಡಾ| ನಂದ ಕಿಶೋರ್ ಆಳ್ವರವರು ಭಾಗವಹಿಸಲಿದ್ದಾರೆ ಎಂದು ಬೆಂಗಳೂರು ಬಂಟರ ಸಂಘದ ಅಧ್ಯಕ್ಷರಾದ ಶ್ರೀ ಎಂ. ಮುರಲೀಧರ ಹೆಗ್ಡೆಯವರು ಪತ್ರಿಕಾ ಪ್ರಕಟಣೆಯಲ್ಲಿ ತಿಳಿಸಿರುತ್ತಾರೆ.

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