Jindal Students to Study Abroad
Study periods spent abroad not only enrich students' lives in the academic and professional fields, but also help improve language, intercultural and self-awareness skills. Leading the efforts in promoting global opportunities for its students is the O.P. Jindal Global University, whose graduates have pursued and continue to pursue study abroad programs at Harvard, Oxford and Columbia universities. Over 30 students have enrolled for a program on Human Rights in Development at the Harvard T.H. Chan School of Public Health, another 30 students will be studying International Law and Global Governance at Somerville College at Oxford, while 15 students have enrolled to study business and corporate law at Columbia University. "We are committed to producing global citizens and are constantly exploring global opportunities for our students," JGU founding vice chancellor C. Raj Kumar said.
Jharkhand Project to Enhance Rural Incomes
The World Bank will support the government of Jharkhand in enhancing and diversifying household incomes in the farm and non-farm sectors of Jharkhand. Over 200,000 rural households and some 3,500 farmer producer groups are expected to benefit from the project with women as principal actors in production, processing and marketing. Women SHG members and smallholder and landless households from 17 districts and 68 blocks of rural Jharkhand are expected to benefit. The $100 million Jharkhand Opportunities for Harnessing Rural Growth Project will help the state develop climate-resilient agriculture by focusing on year-round cultivation of vegetables and diversifying into new high-yielding varieties of pulses and oilseeds, the World Bank said. “By closely aligning with the institutional structure of women self-help groups in the state, this project will contribute to the government’s efforts at reducing gender gaps in agriculture and financial inclusion, and also help to improve food and nutrition status of rural mothers, adolescent girls and children in Jharkhand,” said World Bank country director of India Junaid Ahmad. The $100 million loan from the International Bank for Reconstruction and Development has a five-year grace period and a maturity of 19 years.
World Bank Announces Assam Project
The World Bank will support the government in helping citizens in the Indian state of Assam through its $39.20 million Assam Citizen-Centric Service Delivery Project, which will help the state overcome challenges of topography and poor connectivity by moving public services closer to the people. The initiative will cover the various government authorizations, approvals, licenses or certificates needed to secure core social services or to access government records such as those pertaining to land and property. The project will create a new online portal for applying, processing, tracking and delivering services across the state. The project will place citizens at the center of the service delivery process by strengthening feedback mechanisms and creating channels for grievance redress. A high-level delivery unit will be established to monitor the implementation of the RTPS Act across Assam.
Tausif Malik Launches Gulf Angel Network
Chicago-based Indian American Dr. Tausif Malik launched the Gulf Angel Network which aims to create a platform to connect entrepreneurs, investors and startups from the Gulf Cooperation Council region for investment, mentorship and strategic partnership. Earlier in the year, Malik also started www.GCCStartup.news, which served as one of the first startup news portals in the Middle East to promote information about startups, innovation and entrepreneurship in the Gulf Region. The objective of GAN is to kickstart the startup ecosystem especially amongst the GCC population. “I would want to offer my expertise and experience to budding entrepreneurs through our startup events, media and fests," Malik said. Malik was recently elected as treasurer of Democrats Abroad-India, the international chapter for the Democratic Party.
Deskera CEO Among Rising Tech Stars
Shashank Dixit, founder and CEO of Deskera, a cloud-based business software provider, has been named one of Asia's Top 50 Rising Tech Stars under 40 by the Asia Tatler magazine. Dixit was recognized for his innovative vision of how cloud computing could positively impact businesses. "I am honored and humbled to be a part of such a talented group of entrepreneurs. Asia's tech startups have been performing tremendously. Right now, Asia is buzzing with enterprise activity," said Dixit. "Deskera has always been a champion and trusted partner for small businesses and entrepreneurs, so it's particularly exciting to be recognized among leaders of some of Asia's most innovative new companies." The magazine said Dixit is a visionary entrepreneur who understood the vast potential of cloud computing way back in 2008 when he founded Deskera. The CEO was also a winner at the 2016 Asia Pacific Entrepreneurship Awards. For the past eight years, Deskera has been providing cloud-based business software to companies around the world. Today, more than 3,000 organizations, with approximately 80,000 users, run their businesses with Deskera ERP.
Riversand Technologies Raises $35M
Riversand Technologies, a master data and product information management company, announced a $35 million Series A funding round led by Crestline Investors. The funds will be used to extend the company's global expansion, including in India. "We are excited to partner with investment management firm, Crestline Investors, for expanding globally. With our Master Data Management 2.0 vision, we are bringing together relevance, trust and insights to our customers in an era of cloud, high scale and data discovery," said co-founder and CEO Upen Varanasi. Additionally, the funds will be used to strengthen the company's foundation in core verticals, accelerate growth in targeted geographies and enter new markets through product innovation, sales and marketing, the CEO said. The Houston-based startup, founded by Varanasi and Anil Kini, serves leading global enterprises in retail, manufacturing, distribution, energy, healthcare and food Services.