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Gympik Plans to Expand its Footprint to South East Asia in 2020

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Gympik has been in the business of empowering an individual’s fitness journey since its inception in 2013. It’s an integrated fitness ecosystem that revolutionizes the way users discover ways of leading healthy & fit lives. The Bengaluru based company has come a long way from just an aggregation platform to an integrated wellness ecosystem. It has emerged as a market leader in this niche segment & is currently operating in 40 cities across India. With more than half a million monthly visitors, 14000+ fitness centers & 7000+ personal trainers/nutritionists listed with it, Gympik is India’s leading & largest fitness discovery & membership selling online platform.

Estimated to grow by 20-30 percent every year, the Indian fitness industry is flourishing and technology-based platforms are now focusing on how to ease out the business challenges faced by the fitness service providers. To strengthen its product diversification Gympik is now looking beyond the online marketplace model & is working towards offering modern software to change the way gyms & ever-evolving member demands are managed in India. While every sector in India has undergone a digital transformation, the fitness industry which is an INR 8,000 crore market still lacks a reliable & easy to use software that supports the entire operational ecosystem for any fitness business – managing a fitness center in India is a complex & tedious process without having the right software.

Gympik has taken the SaaS route by building the Indian fitness Industry’s smartest & easy to use all-in-one gym & club management software that is deeply integrated with its B2C offering. The SaaS platform is designed to fill the existing gap between what technology fitness centres need and what is available in the market. ‘Traqade’ powered by Gympik is helping the centre owners transition from outdated legacy software to a safe and flexible advanced cloud-based platform. The software enhances the efficiency of the businesses by turbocharging repetitive, slow and manual processes with best in class built-in automation and industry best practices thereby streamlining every aspect be it sales, marketing, memberships, staff, personal training schedules, billing, online booking, promotional campaigns, loyalty & reporting. Traqade powered centres have been able to increase retention & cut down on operational costs – “After installing Traqade, our gym saw a 3 fold increase in our monthly revenue while our sales doubled.” says Varun, Manager, YC Fitness, Bangalore.

Commenting on this, Amaresh Ojha, Founder & CEO said that – “Our priority is to improve the economics for fitness centres in India along with their acquisition and retention efforts. I believe we have done just that as our strategy has already resulted in half a million bookings from Gympik for our 500+ software clients with an 80% renewal rate. Our vision for disruption involves a great deal of automation & industry best practices. We have been able to impact the top line of these centres by 5% week on week by deeply integrating Traqade with our B2C. Our solution is enabling these centres to run, market and build their businesses. The advanced technology powered by Gympik allows for competitive differentiation by raising the bar of service quality provided by the gym.”

Gympik is the category leader in India as none of the Indian players has features that can fully support the entire gamut of fitness business management from member acquisition & retention to centre administration. Amaresh and his team are currently focusing on deep learning & artificial intelligence to leverage the huge amount of data gyms & clubs have at their disposal to enable centres to predict sales, churn & revenue.

What lies ahead for Gympik in 2020

With more than 25,000 clubs & 22 million club members across South East Asian region, Gympik aims to take this proven robust platform (marketplace + SaaS Software) to the region and take a bigger slice of fitness industry software opportunity poised to be more than US$373.5 billion by 2023 as per Amaresh. The company which currently employs 60 people said it will add positions in both tech and non-tech roles in 2020.

“We have been witnessing demand from Singapore, Philippines, and Malaysia from our platform. In the beta phase, the team learned that the South East Asia market needs a trusted and platform to support them in maximising sales, acquire new members, drive repeat purchases & fill last-minute group class spots. This is an important opportunity for us & we look forward to launching in the southeast region by the summer of 2020. The growth plan is aligned with our goal to become a global fitness technology brand by creating value for our affiliates & facilitating direct interactions between fitness service providers & seekers.”

Gympik is the only disruptor brand that is transforming the industry by solving the fitness problem from both the member’s side & service provider’s end.

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Asia Pacific Predator League 2020 Postponed Due to COVID-19 Pandemic

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Acer announced that the Asia Pacific Predator League 2020 will be postponed to spring 2021 in the Philippines due to the ongoing Covid-19 pandemic. The health and safety of the gaming community remains Acer’s primary concerns, and the company has been working closely with public health authorities and their advisories.

The same qualifying teams from the local preliminary competitions will attend the finale in Spring 2021, and the event has been renamed as Predator League 2020/2021 with a prize pool of US$400,000.

“The postponement of the Asia Pacific Predator League, instead of a cancellation, demonstrates Acer’s commitment to the gaming community,” said Andrew Hou, President of Acer Pan Asia Pacific Regional Operations. “With the ongoing Covid-19 situation, we made the decision to move the competition to Spring 2021 for the safety and best interests of the tournament’s competitors, fans, spectators and staff.”

Almost 20,000 tickets have already been sold for the tournament, which was originally scheduled to take place in Manila, Philippines in February 2020 at the SM Mall of Asia Arena, Pasay City in Manila. A total of 17 regions entered the local qualifier competitions held from October 2019.

The inaugural Asia Pacific Predator League was held in Jakarta, Indonesia in 2018 to reinforce the Predator brand’s commitment to supporting the gaming industry in the region. The second edition in 2019 was held at Nimibutr Stadium in Bangkok, Thailand, watched by over 10,000 fans in real-time. It garnered 4.3 million views online and the peak concurrent viewership reached 123,000.

All contestants will be directly contacted with notices of important updates and when a new date has been established. Follow Acer’s social media accounts on Facebook, Instagram, and Twitter to keep updated on the latest developments Asia Pacific Predator League 2020/2021.

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Microsoft Honored Team Hollo as the Winner of 2020 Imagine Cup World Championship

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Microsoft announced Team Hollo from Hong Kong as the World Champion for the 2020 Imagine Cup who won the grand prize for their mental health companion web app leveraging Azure analytics and AI services to advance youth therapy practices. This is the first time in the 18-year history of the competition that a team from Hong Kong has won the top prize. Runner-up teams include Team Syrinx from Japan and Team Tremor Vision from the United States. Team Syrinx created a neck wearable EL (Electrolarynx) that restores the ability to speak for people who have lost their voices and Team Tremor Vision developed a web-based tool that enables physicians to detect early-onset Parkinson’s and quantitatively track patient progress.

Held at the Microsoft Build digital event,  Team Hollo won USD100,000, a mentoring session with Microsoft CEO Satya Nadella, and USD50,000 in Azure grants. Hollo is a digital mental health companion and therapist, used to enhance practices by nongovernmental organizations (NGOs) and therapists through an AI chatbot. It leverages Big Data and AI to introduce youth to therapy and counseling practices through online gamified journaling and mindfulness activities. Data from the AI chatbots and journaling can then be collected to generate actionable findings. This scalable model aims to cut the heavy cost of mental health care for youth to make support more accessible and supplements existing self-help techniques and therapy practices.

“Mental health is a really significant problem faced by society around the world, affecting so many especially in 2020. We’re so excited to win the Imagine Cup World Championship because it will allow us to continue working on this innovative mental health platform and technology. Our journey has definitely reaffirmed our belief that going forward, this is something viable and has the potential to save lives,” said Team Hollo.

The 18th annual Imagine Cup competition saw thousands of students across the world submitting innovations to impact their communities, both locally and globally. This year’s innovative and inclusive solutions submitted by teams tackle some of the world’s biggest challenges in healthcare, agriculture, media, and more.

We’re always so impressed and humbled to see the projects these young developers have created, this year is no different! Their innovations aim to address issues in their communities and are focused on bringing the world together. With the competition moving into a virtual format for the very first time, it was inspiring to see how the teams came together to pitch their projects to the judges at Microsoft Build’s inaugural digital event,” said Jennifer Ritzinger, General Manager, Audience Evangelism, Microsoft.

Six finalist teams from Asia, EMEA and the Americas were selected to move forward to the World Championship, after advancing through hackathons, and online semifinals by presenting their innovations via Teams at virtual regional event in their respective regions.

The top three teams — Team Hollo, Team Syrinx and Team Tremor Vision – gave an in-depth presentation of their solutions, which were assessed for their diversity, originality, and innovative design.

This year’s online judging panel consisted of Microsoft executives and innovation experts with technology, diversity, and social change-centered experiences:

  • Dwana Franklin-Davis, CEO of Reboot Representation, a tech innovator, and leader who has worked to empower underrepresented groups in technology
  • The CyberCode Twins, America and Penelope Lopez, young innovators who have participated in tech competitions across the world and hope to introduce other students to opportunities in the field
  • Brad Smith, President, Microsoft Corp, who leads work on a wide range of issues involving the intersection of technology and society, including ethics and AI, human rights, and environmental sustainability.

Watch the show to experience the moment when Team Hollo is crowned champion! Registration for the 2021 competition is also now open for students and young developers to sign up today! For more information on the competition and the participating teams, please visit the Microsoft blog.

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Kaspersky’s Founder and CEO Launches ‘Kaspersky Exploring Russia’ Program

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Eugene Kaspersky is a world-renowned pioneering expert-entrepreneur in cybersecurity. But Eugene also has a hobby, which has turned into more of a lifestyle: he’s a passionate traveler and dedicated devotee of wild nature and adventure-tourism. Eugene travels all over the globe, but most of all he enjoys exploring his native Russia by visiting the country’s hidden gems.

The coronavirus pandemic has hit the tourism industry especially hard. It damaged not only existing business, but also upcoming projects and plans. Tourist industry companies are now deprived both of any support from the larger actors and even an opportunity to promote themselves to launch new projects. In order to support startups and Russia’s domestic tourism, Eugene Kaspersky is launching the online-accelerator Kaspersky Exploring Russia.

The accelerator has the aim of gathering the most interesting and promising tourism projects and then to help their creators implement their ideas further. After all, projects like these and the enthusiasts behind them made Eugene fall in love with traveling around Russia in the first place. And now it is high time for him to give something back by helping their planned projects become a reality.

Commenting on the new online accelerator program, Eugene said: ‘This COVID-19 pandemic is a tragic experience for everyone. But it has also brought so much unity: people have started helping each other. Meanwhile we’re continuing our main job – maintaining security in cyberspace – but we’ve decided to also help out companies that are suffering the most. And we’re going to do that by giving them a chance to fulfill their plans and use this period for the maximum benefit. Our team, including me personally, is going to assist the projects by using our media- and marketing tools. Also, our accelerator will help with attracting investment. Participants will get a chance to present themselves in front of relevant companies, businesspeople and funds. Needless to say, the pandemic is going to change the tourism industry, but it doesn’t mean people won’t have the desire to travel and explore. And in this situation, the ones who will benefit will be those who use this crisis period wisely – and be able to offer the market new approaches and projects”.

Being Russia-oriented, tourism-related – and smart! – is basically all that a project needs to be in order to be enrolled in the Kaspersky Exploring Russia program. Participants don’t even need to have a fully operating business, and their projects may exist merely as ideas in their creators’ minds. There are also no geographical or national restrictions: participants may be from any country.

Participants will be categorized into four nominations:

  • Technological projects (start-ups) in the field of Travel Tech
  • Projects that make extreme and leisure tourism more accessible, and that also popularize and create infrastructure for it (Infrastructure Track)
  • Business projects that are socially significant in the fields of travel and tourism (Social Tech)
  • Business projects that have a positive impact on sustainable development (Sustainability)

The jury – consisting of Eugene himself, Kaspersky representatives, and leading experts in tourism – will select a shortlist of the most promising projects.

Finalists will get a chance to gain more knowledge on a series of online workshops and lectures. Leading experts in the industry will share their experiences and explain how to create a successful business. The finalists will learn everything from how to calculate a financial plan to how to apply a marketing strategy. During the program, finalist will not only compete for the main prizes, but also they will be helping themselves attract investment. Even the lecturers themselves could become so interested in projects to start supporting them. Moreover, the accelerator program will serve as a communication platform for young entrepreneurs to get in contact with key people.

The winners will be announced and awarded by Eugene himself. The gold medalist will be awarded an online education grant directly relevant to their project. Those coming second will be awarded PR and marketing support for their projects. The participants taking third place will be awarded software subscriptions tailored to solve their business needs.

Throughout the duration of the program, the most inspiring ideas will be mentioned on Eugene Kaspersky and tourism influencers’ social media channels. They will also get PR opportunities in tourism-related media.

Eugene Kaspersky hopes this initiative will help talented entrepreneurs acquire new knowledge and skills. He wishes it will help them find investors for their projects become a reality, and thus will boost the tourism industry. In addition to that, he hopes Russia will reveal itself in a new light – for both domestic and international travelers.

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