Press Release - Avanse Education Loans Launches “Swalaksh” To Commemorate Women’s Day

Avanse Education Loans Launches “Swalaksh” To Commemorate Women’s Day

First Dedicated Education Finance Product in the private sector offering 5% Scholarship Structured for Girls Pursuing UG and PG Education

Mumbai, March 07, 2017: Avanse Education Loans (Avanse), a new age education finance company and an affiliate company of DHFL, announced the launch of “Swalaksh” – A unique product that offers 5 % scholarship based on the tuition fee, to girls who are keen to pursue undergraduate and post graduate education across any preferred segment. The product is an industry-first within the private sector that will translate into a cashback advantage for students on successful completion of the identified course. This scholarship will be available to girl students who avail of an education loan from Avanse across India, that are offered at very competitive interest rates.

This endeavour reiterates Avanse’s vision of enabling education finance to seeking students who are academically inclined. This is one of the most unique products in the education finance space that aims to help students to continue higher education, work towards a career option of their choice and foster an academically empowered environment within the country.

A girl student with an inclination to study further, in addition to the credibility of the college and course, will be eligible to apply for the scholarship anywhere in India as well as overseas. For instance, based on a tuition fee of Rs. 20 lakh for any global institution, “Swalaksh” product will offer a 5% scholarship or Rs. 1 lakh cash back advantage, on completion of the course. This benefit becomes more compelling since it is over and above the competitive interest rates and flexible repayment plans, offered by Avanse Education Loans.

Around this development the company said, “The quantum of girls pursuing under graduate and post graduate education has been reflecting good growth. The launch of our product “Swalaksh” to commemorate Women’s Day is an endeavor to ensure continuation and sustenance of this positive trend. This product is to support girl students who are keen to further their interest in chosen fields and universities in a hassle free manner anywhere in India and globally.

About 25% of Avanse’s total loan portfolio comprises interest from academically inclined girls. The launch of “Swalaksh” is also in alignment to the Government’s active support towards education for girls with several key initiatives undertaken to uplift the education sector specifically like the ‘Beti Bacaho / Beti Padhao and Vidyalakshmi, STEP Scheme and NPEGEL initiatives. Our brand complements the education sector and engages with students and educators to metamorphose financial solutions that are new age and tailored for specific needs.”

Since its inception, Avanse has addressed to the growing need of holistic education finance for aspiring students and has been committed in fulfilling dreams of young India. Over and on top of funding streams like Engineering, Science, Technology, Management, Medicine, Health, Humanities, etc at the graduate (Masters’) as well as Undergraduate (Bachelors’) level, Avanse also provides 100% education finance to students applying for niche courses like Music, Dance, Image Consulting etc. With a hassle free education loan process, Avanse strives to approve the loan in a maximum of four days and provide loans upto 100% of the application amount, even as high as Rs 1 crore. Avanse provides students with flexible repayment plans, with repayment tenure up to 10 years (120 months) minimizing the burden on the student.

Regards,

Aparna Nair

Senior Executive Corporate Communications & PR.

Dewan Housing Finance Corporation Ltd.

HDIL Tower, Ground Floor, Anant Kanekar Marg, Bandra (East), Mumbai - 400 051.

T: 91 (022) 71583413 | Mobile No. +91 9664638547 | Fax: (022) 2658 3344 |

Email : aparna.nair@dhfl.com

W: www.dhfl.com | www.facebook/dhfl.india | www.twitter/dhfl_india

Press release - BSE Institute hosts Dalal Street Lit Fest 2017 from March 9-10

BSE Institute hosts Dalal Street Lit Fest 2017

 

In a first-of-its-kind initiative, the Lit Fest will be held at the Institute’s Fort premises from March 9-10, 2017

 

Mumbai, March 7, 2017: BSE Institute Ltd, the leader in financial education, will organise the Dalal Street Lit Fest 2017, a-one-of-its-kind Art celebration festival blending the themes of Finance and Literature.

The 2-day Lit fest will hold multiple workshops of varied art forms, poetry recitals, storytelling, contemporary discussions, a book launch, a display of artworks, and interesting performances from March 9-10, 2017 within the premises of BSE Institute. The event will be graced by a wide galaxy of diverse talents from the finance, art and journalism space namely Ashwin Sanghi, Radha Krishna Pillai, Rashmi Bansal, Ravi Subramanain, Tamal Bandopadhaya, Anurag Batra.

 

Mr Ambarish Datta, MD&CEO – BSE Institute, said, “For the very first time, BSE Institute has envisaged an opportunity to go beyond the boundaries of a literature festival by blending Art and Finance- an unchartered territory worth exploring.  We aim to rev up the literary scene in India and create an occasion for artists and critics from across the world, to come here and collaborate.”

BSE Institute’s the Dalal Street Litfest will promise to be a think-fest with a difference, a conclave reflecting the pulsating heartbeat of India and a celebration of new ideas that define our daily present and shape our futures.

 

About BSE Institute Limited

BSE Institute Limited (BIL) is a wholly owned subsidiary of BSE Limited. BIL inherits from BSE the knowledge and insights into the capital markets industry, garnered over the past 140 years.

BSE Institute offers a bouquet of courses related to financial markets for students interested in achieving and upgrading their skills in this field, ranging from 5 international PG programs to more than 100 short term certifications. The Institute has been awarded with many accolades in the past few years, some of them being Education Leadership Award, Skoch Financial Inclusion Awards and many more.

BIL is also involved in some special initiatives like BFSI Sector Skill Council and Zone Startups.

BSE Institute has been assessed and certified with ISO 9001-2008.

For more information, visit www.bsebti.com

RSVP            

Soumita Ghorui

Adfactors PR

7044729799

soumita.ghorui@adfactorspr.com

 

 

 

Warm Regards,

 

Soumita GhoruiSenior Account Executive, Financial Services M: +91 7044729799 T: +91 22 67574444   Ext : 310 E: soumita.ghorui@adfactorspr.com

Press Release - EDUGILD continues its global advents with announcement of its third batch

EDUGILD continues its global advents with announcement of its third batch

 

Six world-class Edtech startups on boarded

 

Mumbai, 3^rd March, 2017: EDUGILD has opened gates for the 3^rd batch of its accelerator programme and will now mentor six edtech startups (3 from India & 3 from USA) from March 2017. The uniqueness of this batch is the diversity of the startups – ranging from Augmented Reality, Gamification, K-12 Store Front Management, Skill Assessment, Student Motivation Management, Pre-school Holistic program on tech solutions, to name a few.

 

In the last 18 months, EDUGILD has successfully scaled up 10 Edtech companies, 7 from India, 2 from USA and 1 Russia. EDUGILD’s program spans across multi-disciplinary engagements, customized for each startup. From the cohorts edtech startups Simulanis, Gradopedia and Classboat have already raised funds and Ahhaa.com has received angel funding commitment. Over the last 6 months, EDUGILD also expanded its partnership horizons to cross borders with EPG UK, Edtech Israel, JMD EDU China and strategic alliances in USA and Australia. Overall EDUGILD’s promise of tangibility and global scale up opportunities are coming true for the startups.

 

Rishi Kapal, Global Strategist and CEO of EDUGILD has a firm belief that “Speed of creating and executing the strategies is a key differentiator for our companies to scale up fast. We are here to create the right conditions for bringing out the best out of our startups. The founders have way more potential than they know and we are here to make them exploit the capabilities to their full potential”.

 

The third batch of startups were selected from an application long tail of 300+ companies. Of the third batch, there is one company each from Bangalore, Mumbai and Delhi, the other three being from USA (New York, Boston and San Francisco). All the companies are aligned to EDUGILD’s thought (Vision) of “Revenue first and Funding Later”. The third batch will go through a diagnostic boot camp on 3rd and 4th March 2017 in Pune. Subject matter experts in relevant domains will work 1:1 with the companies to figure out their needs and action plans. 

 

Here is a brief about each startup:

 

Skillzot (Mumbai/Pune, India)

Founded by Sandeep and Rommel, Skillzot strives to enable proven behavioral science ideas, through technology (and some magic), to help teachers, teaching institutes, trainers and instructors, teaching any skill or subject, to engage better with their learners. Thereby helping more and more learners stay motivated right through the requisite learning period and become ‘zots’ (masters) at whatever they are learning.

 

Skillsoniq (New York, USA)

Founded by Abhinav Verma with Hemant’s technical advisory, they bring alive the power of Adaptive Testing. Their platform measures key skill areas centered on analytical, graphical, general awareness and agility. Tests being adaptive means that as you crack a question, the platform throws harder questions at you, and as you get questions wrong, you are downgraded to a lower difficulty level. The questions are never repeated, and that the skill score matches users' true skill set. 

 

Yoscholar (Bangalore, India)

Founded by Gaurav Mehta and Amit Mishra, Yoscholar is an innovative platform that offers entire gamut of products and services be a school’s store front. Aiming to be a trusted partner for parents when it comes to making right choice for education and development of a child.

 

ChangeMyPath (San Francisco, USA)

Founded by David Mandel and Zack Karlsson, Change My Path provides a co-operative gaming framework to deliver interactive education and job skills training content. It has built a system of configurable game modules for job skills training. ChangeMyPath allows organizations to break their training content into components, and then quickly and easily plug those course components into customizable game modules.

 

Kids Triangle (Boston, USA)

Founded by Amit Kumar Yadav. Kids Triangle offers scientific child development through technology, which focus on 360 holistic development of child including healthcare, family care and education. Company enables personalized learning along with child healthcare including nutrition diet, hygiene which significantly boost child development

 

Study Marvel (New Delhi, India)

Founded by Yash Bodane and Soma Sharma. Study Marvel is an augmented reality platform for K-12 Segment which lets users to explore, visualize and save digital models, Image, Video, Hyperlinks in the physical space and superimpose storyboards and lessons practically anywhere on any object.

Here’s a link to the video on EDUGILD’s Global Edtech Accelerator Program https://m.youtube.com/watch?v=Jk9kNFZc5XU

About EDUGILD –

EDUGILD is a Global Edtech startup accelerator based in India that was launched in June 2015.  An initiative of Maharashtra Institute of Technology (MIT) Pune, India’s leading technology and engineering institution. With a vision to empower learning, Edugild offers a 12 to 18 months of intensive mentorship and product realization program to any Edtech startup in the world. With two batches every year Edugild has been able to scale up 10 startups from India & overseas in a span of one year with its network of mentors and subject matter experts, in-residence mentorship program based in Pune.

 

For further details, please contact:

                               

Akash Gosavi	akash.gosavi@adfactorspr.com	+91 8007785096
Nidhi Jobanputra	nidhi.jobanputra@adfactorspr.com	+91 8976440856

 

 

 

Regards,

 

Nidhi Jobanputra Account Executive - Start-up | Tech | B2B Practice   M: +91 8976440856 T: +91 22 67574444   Ext: 316 E: nidhi.jobanputra@adfactorspr.com

Press release - BSE Institute introduces financial markets sessions among school students across the country

  

 

 

 

 

 

BSE Institute introduces financial markets sessions among school students across the country

 

Mumbai, March 3, 2017: Bombay Stock Exchange Institute Ltd (BIL), the leader in financial education, introduces financial markets sessions among school students across the country. It kick started the initiative with a live mock stock session at Dr Rajendra Prasad government school at the Rashtrapati Bhavan estate, New Delhi. 60 students aged around 12 years participated in the activity of mock stock trading.

 

This unique program has been developed by BIL to teach young students the basic concepts of trading, buying and selling of shares, listing etc. The program uses a game based learning approach to help the students learn the world of financial markets and especially how the stock exchanges work. As a part of the program, students were asked to bid and build their own teams in IPL style. This involved participating in strategy sessions and back-room negotiations to select the best team for themselves followed by mock trading of players whose prices were moving up or down based on how they were faring in the various matches being played. The actual cricket matches were also simulated in class with the students forming IPL teams and playing hand cricket in the classroom,

 

Speaking on the occasion Mr. Ambarish Datta, MD & CEO - BSE Institute said,  “the current generation of school children are exposed to multiple media simultaneously. While watching TV, they are chatting with friends on WhatsApp, and listening to music. This has resulted in extremely short attention spans. I feel that this has made traditional learning methods less effective. A game based approach is more effective because it can sustain interest and attention in settings where the learner is likely to get bored. Which is why we decided to teach the working of a stock market using an IPL auction scenario.”

 

Game based learning allowed students to learn while having fun and at the same time balance subject matter. Teachers loved the approach since it allowed them to embed activities to keep students engaged and make the entire process of learning interesting.

BIL is offering such sessions to school students across India to make them aware of the financial markets and its operations.  

 

About BSE Institute Limited

BSE Institute Limited (BIL) is a wholly owned subsidiary of BSE Limited. BIL inherits from BSE the knowledge and insights into the capital markets industry, garnered over the past 140 years. BSE Institute offers a bouquet of courses related to financial markets for students interested in achieving and upgrading their skills in this field, ranging from 5 international PG programs to more than 100 short term certifications. The Institute has been awarded with many accolades in the past few years, some of them being Education Leadership Award, Skoch Financial Inclusion Awards and many more. BIL is also involved in some special initiatives like BFSI Sector Skill Council and Zone Startups. BSE Institute has been assessed and certified with ISO 9001-2008.

For more information, visit www.bsebti.com

 

 

Warm Regards,

 

Soumita GhoruiSenior Account Executive, Financial Services M: +91 7044729799 T: +91 22 67574444   Ext : 310 E: soumita.ghorui@adfactorspr.com

Press Release - BFSI SSC collaborates with CII, organises conference on Employability Skills

  

The Banking, Financial Services, and Insurance Sector Skill Council of India (BFSI SSC) in collaboration with CII, organized a conference on Employability Skills – Imperatives and Challenges

 

Mumbai, February 29th 2017: The BFSI SSC along with CII organized a one day conference on Employability Skills – Imperatives and Challenges at the international convention hall of the P. J, Towers on Dalal Street, Mumbai.  

 

The conference focused on key issues like the scope & challenges in meeting employability Skills for the BFSI sector and strategies for creating employment for skilled manpower by linking skills to demand aggregation.

 

Many stalwarts from the industry like Ashish Chauhan, MD and CEO of BSE, T. N. Manoharan Chairman Canara Bank, V G Kannan Chief Executive Indian Banks Association and Ambarish Datta Director, BFSI Sector Skill Council of India, participated in this event.

 

A highlight of this event was the Launch of the "BFSI Environment & Skill Landscape 2017" report. This report provides key indicators on the growth in employment opportunities across the various subsectors of the BFSI Industry. 

 

Speaking on this occasion Ashish Chauhan MD and CEO of BSE said “With technology transforming the way we work and the opening of numerous mobile wallet companies, non-banking financing companies and payments and small banks, the employment scene in the BFSI sector is poised for a major upheaval. Hence it is very crucial for us to explore the challenges we will face and collectively explore ways to address them.”

 

The participants in the conference were of the opinion that major initiatives are required both from the government, and industry to address this challenge of unemployability and were pleased to hear about the CII Advanced Skills Training program. Funded by J.P. Morgan, the program is designed to train and groom fresh graduates on subjects relevant to the BFSI sector as well as soft skills like the English language and business communications to take up jobs in the global banking industry.

 

Mr. Ambarish Datta Director, BFSI Sector Skill Council of India highlighted "We need to create students who not only have the skills, knowledge, attitude and commercial understanding that will enable them to make productive contributions to organizational objectives soon after they join an organization, but also the ability to learn and acquire new skills through the course of their career to remain relevant to the rapidly changing environment. The BFSI SSC is keen on working with the industry to explore ways to make this happen. This conference has helped us interact ith senior professionals from the industry and brain storm on innovative ways to address this."

 

"Skill development is one of the priority areas for India. With India emerging as a globally influential player in BFSI sector, the time is opportune to provide youth adequate skills to attain gainful employment. CII is happy to support all the Skill Movement through concerted policy advocacy and effective on-ground initiatives” added Rajkamal Vempati, Chairperson, CII WR IWN

 

Photo Caption: Left to Right -  Ambarish Datta Director, BFSI Sector Skill Council of India,Ashish Chauhan, MD and CEO of BSE, Shri Deepak Kapoor, IAS, Principal Secretary, Skill Development and Entrepreneurship Department, Government of Maharashtra, V G Kannan Chief Executive Indian Banks Association​ & T. N. Manoharan Chairman Canara Bank​

 

About BFSI SSC

The BFSI Sector Skill Council of India is set up to bring leading organizations of the BFSI industry together to create strategies and operational plans that will create standardized skill requirements for the various job roles in the industry. The skill council will also accredit well equipped service providers who will partner to disseminate the training. The skill council is seen by its stakeholders and partners as a nation-building activity with far reaching implications for social development and empowerment through financial inclusion.

http://www.bfsissc.com/

 

 

 

Warm Regards,

 

Soumita GhoruiSenior Account Executive, Financial Services M: +91 7044729799 T: +91 22 67574444   Ext : 310 E: soumita.ghorui@adfactorspr.com