Bits and Bytes: Know about Startups, Business News in Pune| Roadsleeper.com

Swedish Sustainable Business Ambassador visits Pune

Swedish Sustainable Business Ambassador (also known as CSR Ambassador) Cecilia Ekholm, was visiting Pune, Mumbai and Delhi to further strengthen the synergy between Sweden and India towards a sustainable future. In Pune, the focus was on meeting Swedish manufacturing companies to understand the challenges they face and discuss their green journey towards sustainable business. Ekholm also met Shekhar Singh, Chief Executive Officer of Pimpri Chinchwad Municipal Corporation (PCMC).

Ekholm said: “India is a key partner, which is why I came here as my first bilateral visit since the pandemic.” I have had the opportunity to meet with decision makers, companies, civil society and students to discuss different sustainability issues such as solutions to climate change, trade and human rights, gender equality and labor rights.”

Consul General Anna Lekvall explained: “Ambassador Ekholm’s visit to India is part of the larger context of a joint Indian-Swedish partnership for a sustainable future. The partnership aims to increase the impact of bilateral cooperation in the field of innovation, science and technology and covers several areas, including smart cities, transport and e-mobility, energy, clean technologies, new materials, space, circular and organic economy and health and life sciences. “

LoanTap Introduces Quick Loan App “LTCash”

LoanTap announced the launch of a new instant loan app called ‘LTCash’ that offers up to Rs. 50,000 in cash without any manual intervention in the loan application and underwriting process and in most cases without having to submit any paperwork. LTCash adheres to fair lending practices as per Reserve Bank of India standards and is one of the NBFCs to use RBI-approved account collection tools to facilitate a secure and seamless process for customer credit checks.

Satyam Kumar said, “Using an RBI-approved NBFC account aggregator in the LT-Cash app to improve the entire process is a major step towards lending efficiency and enhancing the in-app experience for borrowers. It offers a complete online loan process in less than 10 minutes to provide a smooth experience to customers. Unique algorithms analyze each customer’s profile faster and tailor the best offers to them in three simple steps. The benefits of this program include fast cash up to 50,000, interest is 24% annually, tenure is 6 months, payments are made in less than 24 hours and no document upload is required, 100% digital method with a minimum income of 30,000.

LTCash provides loan services through LoanTap’s internal RBI-registered NBFC LoanTap Credit Products Private Limited. Currently this app is operational in Pune, Mumbai, Bangalore, Chennai, Delhi NCR, Chandigarh, Raipur, Bhopal, Ahmedabad, Vadodara, Jaipur, Coimbatore, Indore, Nagpur, Nashik, Lucknow, Bhubaneshwar, Rajkot, Surat, Patna, Mysore , and Vishakhapatnam.

WayCool Foods and UHS-B are working together to digitize the productivity of farming practices

Food and agri-technology platform WayCool Foods partnered with the University of Horticulture, Bagalkot (UHS-B) to create awareness and support farmers to implement best practice (POP). The agreement will bring together a rich repository of 125+ crop-specific PoPs under one platform – Outgrow App, making it easier for farmers to access the information at their fingertips.

The partnership also aims to nurture the future talent pool in agriculture by offering internships. As part of the agreement, students will also be offered training and certification programs for Outgrow Cultivation Consultants and Outgrow Network Partners.

Sendhil Kumar, Head of Farmer Outgrowth and Engagement, Waycool said, “Through this partnership, we want to bring in our technological edge and make the information available to farmers at the touch of a button. Our AI platform has an existing technology infrastructure and we want to further improve it by adding this PoP digitization.

The MoU also confirms the scope to set up Outgrow’s AI centers in the vineyard of UHS-B under the National Agricultural Higher Education Program where collaborative research and training programs will be conducted.

The Yellow Dwelling presents a store at Jangli Maharaj Road

The Yellow Dwelling has opened a new store located in Deccan 99 Mall on Jangli Maharaj Road. The store is about 1,000 square meters and offers customized products for the home. The Yellow Dwelling specializes in handmade cotton and natural fiber home decor in contemporary designs, fresh, clean and cheerful colors, original weaves and finishes.

The Yellow Dwelling has stores across Delhi, Hyderabad and a few in Garden City. Nandakumar, co-founder of The Yellow Dwelling, said, “We are excited to bring our third franchise store to Pune. The store is in the heart of Pune on JM road and accessible from all parts of the city. Pune as a city is home to many niche brands that proudly display a wide range of handcrafted products. With a large modern urban youth population, we are sure that our store will find a place in the homes of the people of Pune.

AIC-Pinnacle plans to incubate 40 new ‘Bharat’ startups

Incubation and investment platform Atal Incubation Centre-Pinnacle Entrepreneurship Forum (AIC-Pinnacle) announced its plans to incubate 40 new startups from tier-2 and tier-3 cities that are ready to tackle the social problems of ‘Bharat’ on the ground down – where 70 percent of India resides. The incubator is also looking to facilitate ₹5 crore to start-ups over the next three years in the fields of automotive, electric vehicles, agri-tech, IT/IoT/AI, clean energy, health technology, social innovation and other emerging areas.

AIC-Pinnacle Entrepreneurship Forum grooms, mentors, mentors, connects and supports young, potential, innovative startups. Sudhir Mehta, Founder, AIC-Pinnacle Entrepreneurship Forum, emphasized, “The youth from tier-2 and tier-3 cities have immense potential, talent and vision. They deeply understand the social problems of ‘Bharat’ on the ground and have the ability to come up with innovative business ideas and solutions that contribute greatly to the idea of ​​nation building. We are looking forward to engage with 40 new potential startups, which we will support under various government sponsored schemes like Atal Incubation Mission – AIC, MeitY, TIDE 2.0, MSME Innovative, SISFS, etc to bring a solution driven economy together.”