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ObserveNow Media to Host the 3rd Edition of PSU Summit & Awards in New Delhi

ObserveNow Media is gearing up to host the 3rd Edition of the PSU Summit & Awards on September 19, 2024, in New Delhi. Themed “Transforming the Public Sector: A Vision for the Future,” this one-day event will bring together leaders, stakeholders, and experts from across India’s Public Sector Undertakings (PSUs) for a comprehensive exploration of the challenges and opportunities shaping the future of government-owned enterprises.

The summit aims to foster dialogue around innovation and public enterprise management, positioning itself as a critical platform for PSUs navigating the path to future transformation.

The event promises a robust agenda, featuring 40+ speakers, 10+ industry leaders, and 120+ delegates. It is designed to drive conversations on the evolving public sector landscape, supported by partners like Cloudera as the Platinum Partner, 3rd Eye Techno Solutions as the Digital Forensic Partner, Alliance Pro & Skillmine as Associate Partners, and Array, Will & Decathlon as Exhibitors. The event’s CSR initiative is supported by Pleasin Strides.

The summit will open with a welcome note from Taniya Tikoo, Co-Founder & Editor-in-Chief of ObserveNow, setting the stage for a day of high-level discussions. The keynote address will be delivered by Lt. General Vinod G. Khandare, Principal Adviser, Ministry of Defence, Government of India, followed by Novman Ahmed, Managing Director of HSCC. Special addresses will be delivered by Arvind Kumar, Director General of Software Technology Parks of India (STPI), and S.C. Garg, Executive Director (Tech.), REC, who will bring their insights into the evolving roles of PSUs in the public sector ecosystem.

The first panel discussion, “Future of PSUs: Catalysts for India’s Development by 2047,” will feature thought leaders from various PSUs. Moderated by Jaspreet Singh, Clients & Markets Leader – Advisory Services at Grant Thornton Bharat LLP, this session will bring together Prashant Kumar Mittal, Deputy Director General (DDG), NIC, Government of India; Manish Grover, Executive Director (Strategic IS & IS), Indian Oil Corporation Limited; Dr. Prashant Atrey, Executive Director (IT) and HOD, NHPC Limited; Doman Yadav, Executive Director, Power Grid Corporation of India; S.C. Garg, Executive Director (Tech.), REC; S.K. Jain, Executive Director, Indraprastha Gas Limited (IGL); and Dr. B Chandrasekar, Executive Director, EdCIL India Limited. Together, they will discuss the transformative role PSUs can play in driving India’s development by 2047.

The second panel, “Accelerating AI Adoption in the Public Sector: Leveraging Trusted Data & Unified Hybrid Data Platforms,” will delve into the role of artificial intelligence in shaping the future of the public sector. Moderated by Sunny Kapoor, Director – Technology Consulting, Ernst & Young LLP, the session will feature industry experts like Manoj Tandon, Director – Project O&M, RailTel Corporation of India; Vijay Devnath, Group General Manager (Infrastructure & Security), CRIS; Saubhagya Kumar Behera, CIO & Senior Vice President (ERP & IT), Indraprastha Gas Limited; Alok Shankar Pandey, CISO & AGM-IT, Dedicated Freight Corridor Corporation of India Ltd; Abhijit Bora, General Manager (Strategic IS), Indian Oil Corporation Limited; Jaspreet Bindra, AGM – IT, Engineers India Limited; and Piyush Agarwal, Solutions Engineering Director, India, Cloudera. This session will provide key insights into leveraging AI to enhance the capabilities of PSUs.

With numerous industry presentations showcasing products and services, the event will provide an unparalleled opportunity for companies to connect with industry leaders and explore potential collaborations.

A key highlight of the summit will be the third panel discussion, “PSUs and the Challenge of Cybersecurity in the Era of AI and Hybrid Technologies,” which will focus on the increasing importance of cybersecurity in a digital-first world. Moderated by Col (Retd) Sanjeev Relia, Senior Advisor, India Future Foundation (IFF), this session will feature Kapil Jaiswal, Director Research (InfoSec) & CISO, Government of India; Ritu Narang, Senior General Manager, Container Corporation of India; Ritu Singh, General Manager – IT, National Capital Region Transport Corporation (NCRTC); Subhash Chand, CISO, ICAR-Indian Agricultural Statistics Research Institute; Karan Kalra, Deputy CISO & Data Protection Officer, National Housing Bank; Kuldeep Singh, Alternate CISO & Deputy General Manager (IT-Security), NTPC Limited; and Nitin Chauhan, Solution Consultant, 3rd Eye Techno Solutions Pvt Ltd. The session will address the critical security challenges facing PSUs in the era of AI and hybrid technologies.

Following the session, B. Shanker Jaiswal, IPS, Joint Commissioner of Police (Tech, Cyber & Licensing), Delhi Police, will deliver a special address, alongside Golok Kumar Simli, Principal Advisor & Chief Technology Officer, Passport Seva Programme, Ministry of External Affairs. Additionally, Dr. Amit Kumar Jain, Director, Delhi Metro Rail Corporation, will deliver an exclusive address, sharing his expertise on digital transformation within public sector infrastructure.

The final panel discussion of the day, “Navigating Challenges and Opportunities: A Digital Evolution Roadmap for PSUs,” will offer a roadmap for PSUs looking to embrace digital transformation in the coming years. Moderated by Abhishek Vashisth, Director (Technology) – EY Centre of Excellence, this session will feature key industry leaders including Abhishek Agarwal, Chief Information Officer and CGM (IT), Energy Efficiency Services Ltd.; Vidya Sagar Singh, Senior General Manager, The National Small Industries Corporation Ltd.; Nagendra Pratap Singh, General Manager (Strategic Information Systems), Indian Oil Corporation Limited (IOCL); Anup Prasad, General Manager, Steel Authority of India Limited (SAIL); Salman Mahmood, Deputy General Manager, Food Corporation of India; Dipesh Jain, Deputy General Manager – IT, Power Finance Corporation; Anwaya Bilas Sengupta, Alternate CISO, Grid Controller of India Ltd; and Dr. Antarpreet Singh, Director (Academics), WILL Education.

The event will conclude with an awards ceremony recognizing PSU leaders and organisations that are driving change and elevating the nation’s economy to new heights and the summit is set to be a landmark event for India’s public sector, charting a clear course toward innovation and growth in the years to come.

For more details: https://observenowevents.in/psu/

Whatfix Raises Nearly $100 Million in Latest Funding Round Led by Warburg Pincus and SoftBank

SaaS-based digital adoption platform provider Whatfix has secured nearly $100 million in a new funding round, marking its first in three years. The round was led by Sweet Nectar Investments, a Warburg Pincus affiliate, alongside existing investor SoftBank.

According to regulatory filings, Whatfix raised Rs 296.74 crore in primary capital by issuing 13,201 Series E compulsory convertible preference shares at Rs 2,24,788.44 each. Additionally, Rs 530 crore was raised through secondary funding.

Warburg Pincus contributed Rs 615 crore (Rs 271.7 crore primary and Rs 343.2 crore secondary), while SoftBank added Rs 210.5 crore (Rs 25 crore primary and Rs 185.5 crore secondary). Whatfix plans to use the primary funds for business expansion.

Post-funding, Sweet Nectar Investments holds an 8.94% stake, while SoftBank increased its ownership to 15.51%. The Bengaluru-based company’s valuation stands at around Rs 6,871 crore ($820-830 million), according to TheKredible. Prior to this, Whatfix had raised over $140 million.

Founded by Khadim Batti and Vara Kumar, Whatfix provides in-app guidance for web applications, helping organizations improve employee efficiency. The company posted a 65.7% growth in revenue, reaching Rs 285 crore in FY23, with 61% of its earnings generated from the U.S. market. Losses for FY23 increased to Rs 328 crore, and the company has yet to disclose its FY24 figures.

Atishi Marlena to Succeed Arvind Kejriwal as Delhi’s Chief Minister

Aam Aadmi Party (AAP) legislators in New Delhi have chosen State Minister Atishi as the new Chief Minister-designate, succeeding Arvind Kejriwal. Kejriwal is set to submit his resignation to Lieutenant-Governor V.K. Saxena later today.

Atishi Marlena Singh, the sole woman minister in the Delhi Cabinet and MLA from Kalkaji, was selected for the top post just months before the upcoming Delhi Assembly election. Holding the largest number of portfolios in the AAP government, she will take over the leadership from Kejriwal, who recently obtained interim bail in connection with the liquor policy case and announced his decision to step down.

Several AAP leaders, including Gopal Rai, Kailash Gahlot, Saurabh Bharadwaj, and Sunita Kejriwal, were speculated to be in the running for the role. However, Atishi’s nomination was endorsed by the party’s MLAs during a meeting at Kejriwal’s residence.

The formal handover of the chief ministership will begin following Kejriwal’s meeting with the L-G at 4:30 p.m. today.

Kejriwal, who announced his resignation plan on September 15, 2024, after his release from prison, has called for an early Assembly election to give the people of Delhi a chance to “decide if the AAP government is an honest one.”

HCL Tech completed the acquisition of France-based Zeenea for $26.5 Million

HCLTech announced late Thursday that it has completed the acquisition of Paris-based software company Zeenea SAS, valued at $26.5 million (23.9 million euros), according to a BSE filing. This marks the company’s second acquisition in the first half of the current fiscal year. In May, the IT giant revealed plans to acquire select assets of Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million (approximately Rs 1,874 crore).

The acquisition of Zeenea, which specializes in data catalog and governance solutions, was initially announced by HCLTech in August 2024. This strategic move aims to strengthen HCL’s data and analytics business (Actian).

HCL Software, which accounts for about 10% of HCLTech’s total revenue, reported the highest segment margins at 20.5% in the first quarter of this fiscal year. The company operates across three business segments: HCL Software, Engineering and Research & Development, and IT and Business Services.

In another recent development, HCL Software was selected by the State Bank of India to automate its digital marketing program. The bank will implement the HCL Unica martech platform to enhance its customer interaction framework, delivering hyper-personalized experiences while ensuring data privacy.

OpenAI is set to launch Strawberry, a reasoning-focused AI

OpenAI is set to introduce “Strawberry,” a reasoning-focused AI model, within the next two weeks as part of its ChatGPT service. This new model is designed to enhance conversational AI with its unique capability to “think” before responding, setting it apart from existing AI systems that provide immediate answers.

Led by Sam Altman, OpenAI has significantly boosted interest and investment in AI technologies, as companies strive to integrate these advancements into their products. Backed by Microsoft, OpenAI recently announced that it now has over 1 million paying users for its business products, driven by the widespread adoption of its advanced chatbot.

Although Strawberry will be integrated into ChatGPT, it will function as a standalone service. Initially, Strawberry will focus solely on text input and output, without the ability to handle images, thus remaining non-multimodal for the time being. The exact details of how Strawberry will be offered remain unclear.

AWS Selects Seven Indian Startups for Global Generative AI Accelerator Programme

Amazon Web Services (AWS) has selected seven Indian startups specializing in generative AI to join its prestigious global accelerator programme. Among the 80 companies chosen worldwide, the Indian cohort includes Convrse, House of Models, Neural Garage, Orbo.ai, Phot.ai, Unscript AI, and Zocket.

Convrse, founded in 2021 by Anshul Padyal, Vishesh Khatri, and Vikrant Singh, offers an AI-driven tool that optimizes complex 3D objects, serving industries such as gaming, architecture, and healthcare. Bengaluru-based House of Models uses large language and diffuser models to create digital content for brands. Neural Garage, meanwhile, enhances cinematic experiences by seamlessly syncing dubbed audio with actors’ lips in films and commercials.

Orbo.ai, founded in 2019 by Manoj Shinde, Danish Jamil, and Abhit Sinha, provides AI-based hyper-personalization solutions for the beauty industry, offering insights into facial features and skin tones. Phot.ai, launched in 2022 by Akshit Raja and Venus Dhuria, simplifies photo editing for e-commerce.

Unscript AI, founded by Ritwika Chowdhury in 2021, helps businesses produce studio-quality videos using generative AI. Lastly, Zocket, founded in 2021 by Karthik Venkateswaran and his team, leverages AI for digital ad creation and analytics.

These startups will receive up to $1 million in AWS credits to develop their AI solutions, utilizing platforms like Amazon SageMaker and Amazon Bedrock. The initiative is part of AWS’s $230 million investment in accelerating generative AI applications worldwide through its 10-week accelerator programme.

Top 5 Innovative Tech-Financing Models Revolutionizing Healthcare in India

The World Health Organization reports that healthcare expenses have pushed over 100 million people into poverty. However, FinTech is addressing this issue by expanding financial access, simplifying transaction processes, and speeding up payments.

The Indian healthcare sector is evolving rapidly, with innovative fintech solutions addressing key financial challenges. Here’s a look at six pioneering financing models reshaping healthcare in India:

1. Bajaj Finserv: Healthcare Financing Solutions

Bajaj Finserv provides a range of healthcare financing solutions, including medical loans, financing for medical equipment, and health insurance policies. By addressing both capital expenditure (CapEx) and operational expenditure (OpEx) needs, Bajaj Finserv supports hospitals in acquiring necessary equipment and managing operational costs. Their flexible financing options help patients with affordable medical loans, making healthcare more accessible and manageable.

These innovative financing models are addressing critical challenges in the healthcare sector, including cash flow issues, high operational costs, and reimbursement delays. By leveraging technology and creative financial solutions, these fintechs are making a significant impact on healthcare access and efficiency across India.

2. Gmoney: Low-Interest and No-Interest Loans

Gmoney is transforming hospital financing by offering low or no-interest loans to address cash flow challenges. This model provides immediate financial support to hospitals, mitigating the impact of delayed insurance claims, which can take up to 120 days to process. By ensuring hospitals receive timely funds, Gmoney helps them maintain liquidity and continue providing patient care, particularly under schemes like Ayushman Bharat that offer lower reimbursement rates.

3. Digisparsh: Receivable Financing for Small Hospitals

Digisparsh collaborates with non-banking financial companies (NBFCs) to offer tailored loans to smaller hospitals. With interest rates between 8-20%, these loans cover working capital gaps caused by delayed insurance claims. By financing hospital receivables based on claim invoices, Digisparsh supports smaller healthcare providers in managing operational costs and maintaining financial stability without requiring collateral.

4. Healthcred: Streamlined Reimbursement Processes

Healthcred simplifies the reimbursement process through its digital platform, which automates and expedites claim submissions. This approach reduces administrative burdens and accelerates cash flow, allowing hospitals to manage operational expenses more effectively. By streamlining claim processes, Healthcred helps healthcare providers reduce time and resources spent on handling reimbursements.

5. Care.fi: Comprehensive Financial Solutions for Healthcare Providers

care.fi has emerged as a leading fintech dedicated to transforming the financial landscape for healthcare professionals and institutions. The startup focuses on addressing working capital constraints faced by mid-sized and smaller hospitals. Their comprehensive suite of services includes Supply Chain See-through Financing, Invoice Discounting, Receivables Financing, Unsecured Business Loans, Working Capital Loans, Early Salary, and Healthcare OS.

Care.fi’s innovative approach leverages cutting-edge technology to streamline patient management by handling non-medical tasks such as paperwork, insurance processing, and administrative duties. This enables hospitals to focus on providing quality care while improving operational efficiency. Key solutions like CareCred offer rapid financing through invoice uploads, addressing cash flow issues and enhancing financial health for healthcare institutions.

Disclaimer: The organizations/ individuals listed above are not presented in ascending order. Their placement within the list does not imply any hierarchy, ranking, or preference.

National Engineer’s Day 2024: Technology to Create Impact at the Last Mile

Every year on September 15th, India celebrates National Engineer’s Day to honor the birth anniversary of one of its greatest engineers, Sir Mokshagundam Visvesvaraya. A visionary civil engineer and statesman, Visvesvaraya’s contributions laid the foundation for modern engineering practices in India. This year, we celebrate the theme “Engineering for a Sustainable Future,” recognizing the crucial role engineers play in addressing some of the world’s most pressing challenges—climate change, environmental degradation, resource depletion, energy security, healthcare, and social justice.

The alignment of sustainability and technology strategies is becoming ever more critical as businesses set ambitious Environmental, Social, and Governance (ESG) goals. Technology leaders play a vital role in supporting their company’s transformation into sustainable organisations. In this regard Riya Adlakha, Assistant Editor, ObserveNow Media engaged with technology leaders to gain deeper insights into the subject.

On this special day, we honor the visionary minds whose ingenuity and problem-solving skills lay the foundation for a better future. Sudhir Goel, Chief Business Officer at Acer India highlighted while interacting with ObserveNow Media, that “Engineers are the driving force behind technological advancements that not only push industries forward but also enhance everyday life. At Acer, we deeply value their role in harnessing emerging technologies like AI, cloud computing, and green energy solutions to build smarter, more sustainable systems. Their commitment to innovation empowers us to achieve more, making the world more connected, efficient, and future-ready.”

An effective sustainable technology strategy helps drive business growth and ESG performance by focusing on three key imperatives:

Driving Net-Zero Ambitions through Advanced Technologies:

Achieving net-zero emissions by 2030 is a target set by 92% of companies globally. Engineers are essential in deploying advanced technologies to measure, reduce, and remove carbon footprints. From green software practices to optimizing energy usage in AI/ML models, engineers are exploring innovative ways to minimize emissions while maintaining operational efficiency. Dr. Shakti Goel, Chief Architect & Data Scientist, Yatra  emphasized while talking to ObserveNow “That artificial intelligence will ensure a greener future by innovating engineering solutions is an incontrovertible fact. IoT and drone technologies, along with vision analytics, will make agriculture and renewable energy industries more sustainable. AI combined with Quantum Computing, conceivable in a not-so-distant future, will result in the discovery of new drugs and the defeat of recalcitrant diseases.”

Promoting Green Digital Practices:

In today’s digital age, technology is deeply embedded in every aspect of our lives, providing immense benefits in terms of speed, convenience, and connectivity. However, the rising demand for digital services has also led to an increase in energy consumption and carbon emissions. Engineers are now focusing on adopting green digital practices, such as optimizing software performance, utilizing dark mode to reduce UI carbon emissions by 60%, and leveraging transfer learning in AI models to reduce carbon footprints by 80%. These innovations not only lower energy consumption but also contribute to creating a more sustainable digital ecosystem.

While interacting exclusively with ObserveNow Media, Sumanta Bhattacharya, Chief Data & Analytics Officer from UNO Digital Bank highlighted the role of AI and data analytics in driving sustainable development, stating, “The impact of AI, data analytics, and smart engineering on the environment has the potential to make a significant mark by contributing around 5 trillion-plus USD to the global economy by 2030 and reducing global greenhouse gas emissions by 4% by 2025. Climate modeling and prediction, precision agriculture leveraging sensors to maximize crops, reducing carbon emissions, and disaster preparedness with early warning systems are a few key areas where engineering and AI-driven innovation is contributing to sustainable development.”

Enhancing Cloud and Data Efficiency:

Cloud computing and data management play a pivotal role in modern enterprises. Engineers are exploring ways to encourage data center-to-cloud migrations, make informed hosting decisions, and develop green applications on the cloud. They are also evaluating edge computing—a low-energy technology that stores and processes data closer to the end user, reducing transmission energy. Efficient data processing, eliminating storage waste, compressing data, and optimizing network utilization are some of the key strategies to reduce emissions associated with “dark data,” which accounts for 70%-90% of all data stored. By migrating cloud locations, organizations can significantly reduce emissions; for instance, a project that moves from GCP’s asia-east-1 to europe-north-1 can save up to 66% of emissions.

Srinivas Shekar, CEO and Co-Founder of Pantherun Technologies shared his throught with ObserveNow Media aptly described this transformation: “Engineers are often regarded as the backbone of innovation, and in today’s world, their significance is beyond measure. Their relentless drive to push boundaries has shaped the way we live, work, and connect. With the rise of AI and machine learning, we are witnessing a transformation in engineering practices across India and globally. These technologies are revolutionizing industries—from predictive maintenance in manufacturing that reduces downtime, to smart infrastructure that enhances urban living to advanced cybersecurity measures that protect valuable data.”

Exclusively interacting with ObserveNow Media, Pawan Bhageria, President – Education at Tata Technologies, notes, “Engineers are the driving force behind next-gen technologies, including Gen AI, SDV, and the Industry 4.0 revolution, delivering innovation and sustainability that is reshaping industries. India’s engineering talent is leading this transformation, turning challenges into opportunities and setting new global benchmarks.”

Sustainable engineering is not limited to software and digital solutions. Engineers are leading the charge in creating energy-efficient hardware, green infrastructure, and circular economy practices that minimize environmental impacts. Only about 17% of e-waste is currently recycled, and most organizations recycle less than 10% of their hardware. To address this, engineers are driving innovations in recycling processes, encouraging responsible procurement, and developing end-of-life management strategies for IT infrastructure.

This new way of working means engineers are taking on a bigger role in leading tech. They are not just using AI—they are driving the collaboration between humans and machines to new levels. Whether building smarter cities, improving healthcare, or transforming manufacturing, engineers are use AI to boost every part of their work. With this power comes responsibility. Engineers must make sure AI is used ethically, ensuring fairness and transparency. They are building systems we can trust, working with both AI and society to create a future where human and machine potential work together” highlighted Munjay Singh, COO at Tredence while talking to ObserveNow Media. 

“Integrating IoT, AI, and data analytics with sustainable engineering practices is key to enhancing the development of eco-friendly environments. IoT sensors play a crucial role in collecting data on resource use, while AI steps in to optimize efficiency and reduce waste based on this valuable information. Data analytics further refines decision-making processes, ultimately leading to better resource management and reduced environmental impact. This approach fosters the creation of adaptive systems that not only improve operational efficiency but also promote sustainability and resilience in infrastructure. It drives a more intelligent approach to environmental stewardship, paving the way for a greener and more sustainable future”, highlighted Krishnamurthy Rajesh,
Global Director & Head – Information Technology , GreyOrange while interacting with ObserveNow

As engineers, our commitment to digital inclusion is unwavering. As Sameer Goyal, Head of Engineering at Acuity Knowledge Partners on engineers day in conversation with ObserveNow Media highlighted “Through various efforts and initiatives, we are helping bridge the digital divide, ensuring that rural and underserved communities have access to vital digital resources and services. This effort is crucial in empowering every citizen and fostering inclusive growth.”

While interacting with ObserveNow Media Srinivasulu Grandhi, Vice President of Engineering and Site Leader at Confluent, further emphasizes the evolving role of engineers: “Engineers are no longer tasked with building static solutions – they’re developing dynamic, responsive systems that adapt and evolve in real time. This new way of working means engineers are taking on a bigger role in leading tech. They are not just using AI—they are driving the collaboration between humans and machines to new levels. Whether building smarter cities, improving healthcare, or transforming manufacturing, engineers use AI to boost every part of their work.”

Nitin Dhingra, Chief Digital Officer (CDO) & Strategy CVC (Startup investments), Hindware Limited while interacting with ObserveNow emphaiszed that, “The application of advanced technologies such as IoT, AI, and data analytics alongside sustainable engineering practices is leading to a transformation in the manufacturing sector. Engineers can leverage these advanced tools to create innovative solutions that enhance production efficiency, greatly minimize waste, and reduce environmental impact significantly. This collaboration is crucial for establishing sustainable manufacturing environments that promote a more environmentally friendly future for future generations, ensuring that our industrial processes are both financially feasible and environmentally conscientious. Through the integration of these technologies, we can make impressive progress in sustainability and operational excellence.”

On this National Engineer’s Day, we celebrate the engineers who are pioneering solutions for a greener, more sustainable future. Their dedication to harnessing technology to address climate change, ensure energy security, promote social justice, and build resilient communities is invaluable. As we move forward, let us remember that sustainability is the new digital, and the future of engineering lies in our ability to innovate responsibly and create lasting positive impacts on our planet.

Trellix, a cybersecurity firm appoints Ganesh Iyer as Managing Director for India and SAARC Region

Trellix has announced the appointment of Ganesh Iyer as its new Managing Director for South Asia and the SAARC (South Asian Association for Regional Cooperation) region. Iyer has more than 20 years of sales leadership experience and will oversee Trellix’s growth strategy and expansion into India and the SAARC area. This action is viewed as a calculated move to strengthen the company’s position in the region’s quickly growing cybersecurity sector.

Having worked at Nutanix for almost six years, he was instrumental in growing the company’s operations in India, particularly in the government sector, before joining Trellix. Along with that, he has held executive positions with Microsoft, VMware, NICE Systems, Wipro, Bharti Airtel, and ComsatMax, among other notable tech organisations. His hiring is anticipated to improve Trellix’s client relations and operations throughout the SAARC and India regions, setting the business up for future growth in the expanding cybersecurity market.

His primary focus will be on implementing customer-focused solutions and spearheading sales transformation. “Security teams today are looking for a partner who can manage their organization’s security posture across cloud, networks, and endpoints on a unified platform,” Iyer stated in reference to his new position.

Neville Vincent, Trellix’s Senior Vice President for the Asia-Pacific and Japan (APJ) region, praised Iyer’s strong leadership and business growth capabilities. “Ganesh has a solid track record of growing businesses across South Asia. His ability to take calculated risks, foster strong customer relationships, and build resilient teams will be invaluable to our stakeholders,” Vincent noted.

Yes Bank Appoints Manish Jain as Executive Director

Manish Jain has been appointed to the YES BANK board for a three-year term as both an Executive and an Additional Director. Both appointments will be effective from the date approved by the RBI for his appointment as Executive Director and subsequently subject to the approval of the Bank’s Shareholders.

With over thirty years of experience, Jain is a specialist in the banking and financial services industry, with a focus on financial institutions and middle-market and large corporate organizations.

He had held significant leadership positions at Standard Chartered Bank, including Managing Director and Co-Head of Corporate Commercial & Institutional Banking (CCIB). His extensive knowledge in institutional banking, supply chain finance, and transaction banking is anticipated to boost Yes Bank’s wholesale banking segment, which is one of the bank’s main areas of concentration. Jain has also worked with well-known organizations including GE India, Maruti Suzuki, and Ernst & Young Consulting, demonstrating a diverse range of experience in a variety of industries.

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