The engineering sector has been through a phase of being a popular career choice to that of a saturated market. While the number of engineers passing out every year increases, the lack of skills amongst the talent pool and increasing shift towards automation is disrupting the engineering ecosystem in India. According to a recent survey published in 2019, more than one-third of the engineering students lack the skills to be considered employable. Hence, Engineering graduates in India still lag on the employability front.
Below are 5 Indian startups that are becoming career accelerators for engineers and helping them navigate this gap and find well-paying jobs in the industry –
Bridgelabz – Mumbai based Bridgelabz is an AWS recognized Incubator focused on solving the tech employability challenge. BridgeLabz aims to solve the problem of low employability of engineers in India, by expanding the employability pool with its ‘Maker Program’. It provides custom-trained talent to tech companies based on their specific tech landscape requirements and is the first organization to claim 100 per cent guaranteed job placement to engineers on emerging technologies. By FY20-21 BridgeLabz aims to support the ecosystem with more than 2500 tech talent.
Pesto – Pesto is Delhi-based Company who runs a 12 weeks bootcamp for software engineers with a minimum two years of experience to groom their advanced programming skills which are essential in today’s job scenario. In this camp, aspirants get an opportunity to connect with US mentors through video conferencing. Pesto allows students to enroll for the program at free of cost and pay when they get a job.
Skill-Lync – Skill-lync, a Chennai-based startup started as a Youtube channel wherein they shared engineering tips. They have grown now as a part of Y combinator program of the US. Skill-lync offers courses to engineers to prepare them for mechanical engineering jobs. Courses are further defined in 3 modules, candidates can opt for the one-off module to full-time curriculums.
Imarticus – Imarticus Learning is India’s leading professional education company that offers training in technology and analytics program. It has educated 30,000+ individuals globally through its certification, pre-degree, and postgraduate programs offered in association with leading and renowned organizations in the technology services and analytics domain. Since its inception in 2011, Imarticus has emerged as the preferred sourcing, training, and skill development partner for over 200+ firms, which include leading global & domestic banks, consulting, and technology & analytics firms
Interview Bit- Founded in 2015, the Bengaluru-based startup offers computer science courses through live online classes. Students are mentored and taught by tech leaders and experts working with companies such as Facebook, Twitter, and Netflix, among others. The startup aims to polish the skills of fresh college graduates, working professional engineers and make them job ready.
Fyool App Launches New User Interface
FYOOL, a unique cashback app that hit the android market last year, offering up to 50% cashback on petrol, diesel, CNG, LPG, restaurant along with all types of wine and beer now once again makes a buzz. It now boasts of a new user interface in which school fee, groceries, travel, hospital, pharmacy, saloon, apparel, online bill payments and a lot more has been included in 50% cashback offerings.
Looking at the growing user base the App is all set to kick off with its dedicated ‘Rupay card’ which will be used for all the shopping and cashback. The card can be easily booked by a request made through the application itself. The card will work like a prepaid debit card and valid for all online shopping and swipe machines. It will give added comfort to the users as they no longer have to upload bills in the new version. All the transaction and shopping will be made through the card.
The card needs to be recharged like any prepaid card. Users can recharge cards from the application. The app will be setting limitations on the monthly cash back and the Cashback can be redeemed by claiming any product from the app without paying any cash by the user.Fyool Rupay prepaid Card was recently launched by TV Celebrities Delanz Irani & Pankit Thakkar.
Commenting on the new development, Raunak Sharma, Founder FYOOL said, “We have upgraded to the new version as we are getting a very good user response and felt that the time is apt to move to the next level of offering. Our intention is in sync with our core philosophy of reducing the financial stress of the common man that this difficult time has pressed upon us. We want to ease the financial drain on the middle-class people who have been severely hit by the pandemic situation hence we have now added the grocery category too. We all know in the current scenario; the lower income group continue to feel thepinch while buying daily household items. We want the housewives also to benefit by using the cashback for grocery items.
So, keep yourself-updated with the new trend of saving money by downloading FYOOL app from play store or app store. Register yourself with name, mobile no. and email id and book FYOOL prepaid card today!
Once you receive the card, set your card pin from the FYOOL app. Load money in your card by selecting top-up in FYOOL app. Use your card anywhere offline or online like petrol, diesel, CNG, LPG, groceries, medical bills, school fees, online bill payments etc. Get 50% cashback on every transaction. And you can redeem your cashback by claiming the products like air conditioners, air purifiers, home theatres, and laptops, LED TV, mobile phones, refrigerators, scooty,
bikes and many more from the shopping cart of FYOOL app. It’s that simple!
FYOOL was created with the intention to uplift the lives of overburdened customers with the price hike owing to the unexpected pandemic and lockdown in 2020. The FYOOL cashback app is one of its kind in the market and instrumental in creating an additional income for the lower-income groups and housewives.
This creative venture is the brainchild of Mr. Raunak Sharma and the app is completely ‘make in India’, thus promoting the Atmanirbhar Bharat scheme started by the Government of India.
Fyool App, Fyool App Interface, User Interface, Cashback, IT News, Technology News, Telecom Today
Tech Startup Xencov Software Venturing to Advanced Technologies- AI, ML & IoT
Xencov Software announced that it is venturing to new-age technologies such as Artificial Intelligence, Machine Learning & IoT. This initiative is a result of several enterprises taking steps in incorporating new-age technologies in business operations as a result of Covid-19 pandemic. This helps enterprises to save money, boost efficiency, generate insights, and create new markets. With a focus on product development based on Artificial Intelligence, Machine Learning, IoT & intuitive Design, Xencov Software aims to scale up the business to 2x.
Today, it is imperative for enterprises to tap opportunities in data analytics, Artificial Intelligence (AI), Machine learning, IoT, etc. to remain relevant & stay ahead.
The sector has a more prominent role in the future with the increased dependency on these technologies & will have a greater impact on the businesses.
According to Suroor Wijdan, Founder of Xencov Software, “In the near future given the current pandemic situation, there will be an increased dependency on digital tools. Moreover, technology companies and start-ups have realized the need for AI, Machine Learning & other new technologies in solving the business needs. “
He further added that with changing trends, Xencov started working on these technologies which is a growth opportunity for us.
According to a report, the global artificial intelligence (AI) market size will grow by US$ 75.54 billion during 2019-2023. McKinsey predicts that AI will boost productivity way more than the steam engine was able to in the 1800s. AI’s impact on the global economy is that it will have generated US$13 trillion in economic activity across the world by 2030, says McKinsey. It also expects that AI will add about 1.2 per cent of additional GDP growth per year through to 2030.
Retail Startup Perpule Announces the Expansion of Its Footprints in Southeast Asian Market
Following the massive rise in demand of ecommerce enablement solutions globally, Perpule expanding its footprint to the Southeast Asian market with its ecommerce enablement product Perpule E-Commerce+. Through this expansion, the company is targeting modern retailers – spanning across categories like fashion, grocery, electronics, food & others – operating in Indonesia, Malaysia, Vietnam, Thailand, Singapore & Philippines.
The retail market in Southeast Asia is over $700 billion but is yet to adopt modern technologies and become heavy on ecommerce. COVID-19 has further exacerbated the situation by disrupting the businesses of several offline retailers who are now facing a slowdown in sales and operations. Perpule E-Commerce+ strives to address these challenges by driving ecommerce readiness and thereby helping the retailer community restart their operations afresh in the post-COVID world. The company aims to secure around 20% of the ecommerce market share and help offline retailers switch to an online model in minimum time.
Perpule Ecommerce+ is truly built with a next gen approach to facilitate ecommerce smoothly from offline stores and has all the necessary integration with leading payment gateways, logistics players, ERP, POS, Loyalty etc. to make ecommerce enablement much easier for retailers. Perpule’s homegrown Progressive Web Apps (PWA) technology is a game-changer in ecommerce for retailers. It offers users a superior browsing experience even on poor internet connections and works completely offline thereby improving conversion rates by over 40%.
Commenting on the expansion, Abhinav Pathak, CEO & Cofounder, Perpule said, “While the entire world stands disrupted by the unprecedented impact of COVID-19, the retailer community has been impacted the most. At Perpule, we aim to equip retailers with an advanced, new-age online platform and provide them with a major fillip to effectively and profitably run their businesses, even during a crisis like this. We are delighted to foray into the Southeast Asian market and will endeavor to serve customers in the best possible manner through our tech-driven platform.”
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