World Health Day – Medall Healthcare Sights 11% Rise in Prediabetics between the Age Group of 20-39yrs

Bangalore, April 06, 2022: Medall Healthcare, India’s fastest-growing integrated diagnostics services provider has seen an alarming increase in the percentage of prediabetics among younger age groups. Medall’s data analysis on the results of tests from 2017 at centres across South India, shows an increasing trend in the prevalence of Obesity and Diabetes.
Medall’s data mining on the results of almost 9 lakh HbA1c tests undertaken & almost 2 lakh BMI values show an increasing trend in the prevalence of non-communicable diseases, such as Obesity, Diabetes, Hypertension and Dyslipidaemia, is on the rise and is expected to increase considerably in India. These findings are from Medall’s database of lab values for over a period of 6 years across South India. The primary factor for the increase in obesity is lack of physical activity and unhealthy food habits. Obesity causes increased levels of fatty acids and inflammation, leading to insulin resistance, which in turn can lead to type 2 diabetes.

The HbA1c test measures how much glucose is bound to red blood cells. This test shows the average level of glucose in the blood for the past 3-4 months. BMI is the standard indicator of body fat for most people. It is used to screen for weight categories that may lead to health problems.

Dr. Akila Ravikumar, Wellness Consultant, Medall said, “Although diabetes figures are high, it’s a fact that at least 60% of cases remain undiagnosed. This is particularly concerning, as the risk of serious complications increases when people do not take steps to do the periodic health checks, which can help them identify problems early. In India, abdominal obesity is one of the major risk factors for cardiovascular disease (CVDs) and diabetes. Various studies have shown that the prevalence of obesity among women were significantly higher as compared to men. Obesity is one of the main medical and financial burdens for the government. There is also strong evidence that Indians have a greater degree of insulin resistance that can convert as Diabetes if not identified and corrected early.

It is a common misconception that these chronic conditions are identified mostly in older people. Year-on-year statistics show an increasing trend of prediabetes in younger age groups. Among the age group of 20-39, 21% were prediabetic in 2017 which has now increased to 32% in 2022. It is important to note that prediabetes can be reversed if diagnosed at an early stage. The analysis also clearly shows a steady increase in % of diabetes prevalence in patients aged 40-69.

As mentioned above, unchecked obesity can lead to insulin resistance and Type 2 diabetes, and this is a growing concern. The Table below highlights the proportion of Overweight/Obese individuals by Age Group. It is observed that in almost all age groups, there are more people in the “Overweight” or “Obese” categories than in the “Normal” category.

Covid-19 pandemic has further emphasized the importance of early identification and management of chronic conditions such as Diabetes, Obesity, and Hypertension. This is a clear indicator that there is a need for preventive health checks, especially in early adulthood. If anyone experiences a weight change or develops signs or symptoms of diabetes, such as increased thirst, increased urination, fatigue or blurred vision they should get a diabetes check and consult a doctor.

Arjun Ananth, CEO, Medall said, “It is important that we need to be aware of the impact of lifestyle choices on our health. Our data analysis shows that the younger age group in India is also prone to non-communicable diseases due to lifestyle changes and this trend is alarming. At Medall, we encourage health checks at regular intervals to keep track of metabolic disorders. Our health checks are designed with that in mind and our ‘blume’ program has consistently shown that diabetes and obesity can be reversed”.

In India, more than 135 million individuals were affected by obesity. The prevalence of obesity in India varies due to age, gender, geographical environment, socio-economic status, etc. According to the IDF, prevalence of diabetes will double globally from 171 million in 2000 to 366 million in 2030, with a maximum increase in India. Shockingly, India would be home to almost 100 million patients with diabetes by 2030.

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AstraZeneca’s Global Technology Centre in India increases its focus on driving innovation – repositioning itself as a Global Innovation and Technology Centre

Chennai, April 06, 2022: AstraZeneca India Private Limited (AZIPL), the Global Capability Centre (GCC) of AstraZeneca announced today that they have repositioned their Global Technology Centre (GTC) to focus on driving increased innovation, resulting in a rebrand of the centre to Global Innovation and Technology Centre (GITC).
Over the last eight years, the GTC in Chennai has consistently delivered market-leading IT services and capabilities for AstraZeneca’s global business.  Since inception, the centre has evolved its offering from that of traditional IT services, into a critical engine for AstraZeneca’s digital journey and ongoing source of technology innovation.
The Chennai centre has played a key role in driving productivity, simplification, technology delivery and innovation across AstraZeneca’s business and in support of life-changing medicines delivered to patients worldwide. The rebranding marks the centre’s evolution of capabilities, commitment to driving innovation and moving the company towards a digitally-enabled future.
Cindy Hoots, Chief Digital Office and CIO, AstraZeneca, said, “We live in an era where the possibilities of digital and technology to transform the lives of patients and the healthcare sector, are limitless. Our centre in Chennai continues to play a strategic role in our digital transformation, working on Visualisation, Data & Analytics, Hyperautomation, XR/VR Capabilities, among other areas. These technologies and innovations play a key role in helping us to advance our science, anticipate patient needs, and work seamlessly across our organization. I am thrilled to see that the work delivered by the team in Chennai is being reflected in our transition from GTC to GITC.”
Siva Padmanabhan, Managing Director, AstraZeneca India Private Limited (AZIPL), said: “The healthcare and life sciences industry is facing unprecedented challenges and opportunities. Over the last few years, we have successfully expanded our skillset and expertise from providing IT services, to becoming a pivotal global centre driving innovation and transformation. With close to 2,800 highly skilled employees, GITC is now one of the largest technology centres across the Life Sciences industry in the country. The strong collaboration we have been able to build between industry, academia and the government has helped us in our pursuit of enabling smart capabilities at scale across the company’s value chain. Our GITC aims to bring the best of technology, innovation and people to the forefront, to address the ever-evolving healthcare and technology landscape. The rebranding is a powerful acknowledgement of the strategic importance our Chennai centre plays in our global operations.”
Both AZIPL centres in Chennai and Bengaluru foster a culture of lifelong learning that has been instrumental in AstraZeneca being recognised as a Great Place To Work across consecutive years. The entity brings together the brightest minds and cutting-edge resources, making AstraZeneca an employer of choice that attracts talent to deliver meaningful, purpose-driven work in a highly inclusive environment. Both centres offer employees a positive, physiologically safe, productive and collaborative work culture with ample opportunities for personal growth and expansion. 

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Oceans 2 Painting Exhibitions at Karnataka Chitrakala Parishath, Bangalore. Date- April 07-13

Oceans 2 Painting Exhibitions at Karnataka Chitrakala Parishath Date- April 07-13 We are a Pondicherry cum Kochin based Art house and this is our 12th show here in India, Additionally, I have held shows in Paris, Vancouver, and Montreal. My worke have travelled to North America, Europe, and Australia & New Zealand as part of our Sales outreach ventures.

We intend to spread the message of Re-imagine waters as we see now and create an alter dimension for water universe”.

Artist Speaks: – The theme of our works is Oceans. The style of our art is contemporary and Abstract and Surreal in nature.

Oceans2 is my own poem dedicated to help the public re-perceive our water bodies and water universe. The collection has 100 plus collections displayed in major Galleries Oceans 1 was a very successful series and very much appreciated in art circles for its techniques and style.

Oceans 2 is a postlude of the same under Franco- German character and most importantly marks my journey further deep into the water universe.

– Dr. Greema Michael, Greema Michael Arts, Bussy Street Pondicherry/Judges Avenue Kochin. Contact – 9649677250 / greema22.222@gmail.com

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LEGALWIZ.IN LAUNCHES USA INCORPORATION SERVICES DESK

Targeted at businesses, StartUps & SMEs to expand to USA
Entire Suite of services to enable clients to hit the ground running
Dedicated USA Incorporation Services Team.

Ahmedabad, India, April 5, 2022: Legalwiz.in, a leading LegalTech firm, today announced the launch of the US Incorporation Services desk. The USA services desk will enable StartUps and SMEs to establish their businesses overseas. The scope of services will cover everything from US GAAP based accounting, taxation, payroll management to Registered Agent services, besides others.

Started in April 2016 to cater to StartUps & SMEs, Legalwiz.in enables legal, financial, corporate & taxation compliances. Enabled with a robust technology backbone, every step of the process is online to ensure efficiency, transparency and maximum value. LegalWiz.in recently launched the Partner Platform initiative aimed at bringing together different companies on a single platform is aimed at helping clients avail best-in-class expertise for a variety of requirements.

Speaking on the launch, Mr Shrijay Sheth, Founder – Legalwiz.in, said, “We are proud to launch the US Incorporation Services desk. As partner and enabler to aspiring StartUps, SMEs & firms who want to expand to the US market, we help them gain access to a better ecosystem, newer sales channels, global expertise, funding and International markets. As part of our growth plan, we have been piloting this over the last few months and till recently the services were restricted to existing clients only. Now, with domain depth, expanding our team and further building in-house expertise as a natural progression, we stand ready to offer the entire gamut of services to firms aspiring to enter the US market.”

Reinforcing these points further, Mr Sheel Dhanani, CEO, Choice Restaurants, said “As one of the heritage & leading restaurant brands, it was just a matter of time till we ventured into the US market to cater to the NRI taste buds. We have a legacy of excellence and superior customer + client experience which I needed replicated in the US. As a 2nd generation entrepreneur taking the legacy forward, it was vital for me to execute the new expansion properly and here’s where we had a seamless experience with Legalwiz.in stepping in to help with C Corp incorporation, Franchisee documents & agreements, securing the IP and ongoing compliances. As we plan further expansion, I strongly believe that a proven, experienced partner can make all the difference between failure and success in international markets.”

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More women signed up for BNPL than men in Karnataka in 2021, reveals ZestMoney findings

Karnataka outnumbers all the states in BNPL customer sign ups and transactions, reveal ZestMoney findings
OR
BNPL transactions surge over 250% in Karnataka in 2021, ZestMoney findings reveal
OR
More women signed up for BNPL than men in Karnataka in 2021, reveals ZestMoney findings

* Bangalore topped the list of cities lapping up BNPL in the state
* Smartphones/electronics, lifestyle and fashion, Edtech and travel drove the demand in the state
* Women customers surged by 2.5X YOY and men by 2x in 2021 in Karnataka

Bengaluru, April 5, 2022: ZestMoney, India’s largest and fastest-growing Buy Now, Pay Later (BNPL) platform, revealed that the Karnataka region emerged as the top state last year in BNPL usage, outnumbering all the other states in India in terms of new customer sign-ups and transactions. On the back of solid demand, the platform noted that it saw a 2.5X increase in transactions, while the customer base of millennials and GenZ surged by 2X and 3X YOY respectively in Karnataka.

Most of the new customers on the platform were from the 24-27 years age group, demonstrating that young cohorts are driving the BNPL growth in the region. Bengaluru, Mysore, Belgaum, Kalaburagi and Kolar were the top five BNPL cities, while smartphones/electronics, lifestyle and fashion, Edtech, travel and home decor emerged as the top categories, ZestMoney noted. 

BNPL, a short-term credit financing option that lets customers conveniently split bills at zero (or low) cost, has grown to become a preferred mode of payment, not just in tier-I cities, but also tier-II, II and beyond in Karnataka, the platform findings revealed. ZestMoney has serviced demand from 99.7% of pin codes in the state, the company added.

Interestingly, ZestMoney’s findings also showed that Bengaluru women transacted more than their men counterparts compared to the other top BNPL cities. Data suggests that women used BNPL to upgrade their tech and electronics while also indulging in some fashion and lifestyle retail therapy. Men, on the other hand, went all out to spruce up their wardrobes and spent heavily on fashion, besides spending on electronics. Overall, the company said it observed a 2.5X YOY growth in women customers and 2X in men last year with customers taking to the flexibility, transparency and ease of pay-later options in a big way. 

Commenting on the findings, Lizzie Chapman, CEO & Co-Founder of ZestMoney, said, “It is not surprising that Karnataka, which is in the forefront of writing India’s tech and innovation story, has emerged as the top BNPL state in the country. With the digital way of life becoming the new normal globally, a large number of customers are choosing the ease, convenience, transparency, and cost-effectiveness of short-term credit tools such as BNPL over other formal credit means. In line with the global trend, millennials and Gen Z especially in India are seeing BNPL as a go-to credit-based payment option as it offers perfect flexibility to spread out costs and plan their finances better. Categories such as smartphones, Edtech, travel, fashion and lifestyle continue to top the BNPL purchases and see phenomenal growth, driving both numbers of customers and transactions higher on our platform. Our most popular ‘Pay in 3’ zero-cost offering is a huge hit, making us the leader in the category with 70% share in the online ‘Pay in 3’ market. We see tremendous headroom for the category to grow in India.” 

Chapman further added, “We are also seeing an increased demand for BNPL at offline stores. Customers from India’s tech capital Bengaluru, who were earlier used to traditional EMI checkout network cards, are choosing digital products for ease and convenience. Keeping in mind the growing needs and varied use-cases in a heterogeneous market like India, we continue to work towards offering innovative products by combining the simplicity of digital payments with the benefits of pay-later offerings. We are also doubling down on further strengthening our offline store footprint, adding to our already-wide network of 75,000+ stores across the country. While Karnataka is already riding the BNPL wave, we, as the largest omnichannel player in the country, are confident that the proliferation of BNPL as a credit-based payment category will continue to grow exponentially in India in the coming years.”

Bengaluru topped the list in the number of BNPL transactions across all categories. Cities that followed Bengaluru in top BNPL cities/towns include Mysore, Mangalore, Madikeri, Kolar and Kalaburagi in smartphone/electronics, Mysore and Kalaburagi in the travel category, Mysore in fitness, Ramanagar, Raichur and Kolar in electric vehicles, Dharwad, Mandya and Kolar in home decor, Tumkur, Belgaum and Bellary in fashion and lifestyle, and Mysore, Mangalore and Belgaum in Edtech categories.

ZestMoney is the largest omnichannel Buy Now, Pay Later platform with 15 Mn registered users across the country. It has the largest network of merchants with 10,000+ online partners including the biggest e-commerce platforms like Amazon, Flipkart, Myntra, MakeMyTrip, Nykaa among others. It is also present at 75,000+ store partners including brands like Apple, Reliance Digital, Croma, Sangeetha Mobiles, Pai International, Pai Mobiles, and Poorvika Mobiles across the country.

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