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  • Basket By Grip Invest Introduces Theme-Based Investing For The First Time For Bonds & SDIs

    New Delhi, June nineteenth, 2024: Grip Invest, the high-yield funding platform, has pioneered an industry-first operate inside the Bond and SDI market. This operate offers a hassle-free funding experience to fixed-income consumers, by classifying SDIs and bonds into funding themes. Named Basket by Grip Invest, this new offering places curated bonds and SDIs into theme-based baskets. Designed to hold out with one click on on value, Basket by Grip Invest takes care of diversification and extreme returns for retail consumers on Grip Invest.

    Choosing a bond to spend cash on, from tons of of selections is likely to be troublesome, notably for retail consumers. Thus, there emerged a necessity for an purpose financial software program like Basket by Grip Invest, that offers a theme-based pool of high-yield investments. For the cautious newcomer, Basket by Grip Invest presents a stress-free entry stage. For the seasoned investor, the selection maximizes diversification with minimal effort.

    Vetted by SEBI-registered Research Analysts, the first set of Baskets launched on Grip Invest embrace – High Return Basket, High Rated Basket, Gold Shield Basket, Digi Loan Basket, and Ultra Short Tenure Basket. Investors can thus analyze and undertake baskets that align best with their funding targets.

    Commenting on the launch, Mr. Nikhil Aggarwal, Founder and CEO, Grip Invest acknowledged, “With Basket, Grip Invest has managed to combine effectivity with simplicity. Achieving extreme returns with out undue stress must be every fixed-income investor’s experience, be it a novice or a veteran. Enabling consumers to pick a theme-based pre-designed portfolio, with the reassurance of diversification, and the consolation of value is what makes this industry-first operate a standout. With Basket, Grip Invest targets to progress its founding price of democratizing high-yield investing, by offering a helpful and clear path to setting up a powerful high-yield funding portfolio, for all.”

    In financial markets often characterised by complexity and menace, Basket by Grip Invest presents a promising path to India’s growing retail bond market that has grown 600% since SEBI’s OBPP legal guidelines have been launched. The launch of this class duties Grip Invest’s dedication to addressing complexities and uncertainties confronted by retail consumers, whereas moreover setting a model new customary for innovation and investor empowerment.

     

     


    Mansi Praharaj

  • Amazon fined about $6 million for violating labour laws in US

    AMAZON

    E-commerce large Amazon has been fined almost $6 million for violating labour laws in the state of California in the US.

    The California Department of Industrial Relations mentioned in a press release that the e-commerce main did not present workers written discover of quotas they need to comply with — a requirement of the Warehouse Quotas legislation.

    “The employer argued they didn’t want a quota system as a result of they use a peer-to-peer analysis system,” based on the assertion.

    The legislation requires warehouse employers to offer workers the variety of duties they should carry out per hour and any self-discipline that would come from not assembly the quota.

    “The peer-to-peer system that Amazon was utilizing in these two warehouses is precisely the sort of system that the Warehouse Quotas legislation was put in place to stop,” mentioned Labour Commissioner Lilia Garcia-Brower.

    Amazon Introduces 5 New Ways For Easy Smartphone-Based Search & Shop

    IANS

    “Undisclosed quotas expose staff to elevated strain to work sooner and might result in increased harm charges and different violations by forcing staff to skip breaks,” Garcia-Brower added.

    The Labour Commissioner’s Office started its preliminary inspection on September 22, 2022.

    The investigation discovered there have been 59,017 violations for the Moreno Valley and Redlands warehouses from October 20, 2023 to March 9, 2024.

    With inputs from IANS

  • Kuhoo Teams Up with FundsIndia, Offering One-Stop Solution for Student Investment and Lending

    New Delhi, 18th June’24: Kuhoo, a brand new age pupil mortgage platform, and FundsIndia, one among India’s largest mutual funds distributors, have introduced a strategic collaboration to offer complete monetary options to Indian college students. This partnership goals to assist college students obtain their academic aspirations with ease and confidence by seamlessly integrating funding and mortgage companies.

    Through this collaboration, Kuhoo will leverage its experience in pupil loans, superior expertise, and analytics capabilities to supply tailor-made mortgage options that cater to the distinctive necessities of scholars. By partnering with FundsIndia, Kuhoo will present college students and their households with seamless entry to each mortgage and funding companies, guaranteeing that monetary constraints don’t hinder academic aspirations.

    A key benefit of this collaboration is the built-in monetary companies platform it affords. With a single pupil mortgage utility by means of Kuhoo, college students and their households can entry the very best merchandise from over 10 banks and NBFCs, guaranteeing a big selection of choices and aggressive phrases. Additionally, they’ll discover FundsIndia’s in depth portfolio of mutual funds, enabling them to take a position properly and probably develop their financial savings for a greater monetary future.

    Kuhoo acknowledges the significance of monetary literacy and plans to collaborate with FundsIndia on initiatives corresponding to workshops, webinars, and digital content material to teach college students about monetary planning and funding methods. By responsibly managing their pupil loans by means of Kuhoo, college students can construct a optimistic credit score historical past early on, setting a powerful basis for their future monetary well-being.

    The partnership additionally affords advantages for Independent Financial Advisors (IFAs) related with FundsIndia. They will now have a further product to supply their shoppers, additional enhancing their service portfolio and offering extra complete monetary planning options.

    Speaking on the collaboration, Prashant A Bhonsle, Founder & CEO of Kuhoo, mentioned, “Our partnership with FundsIndia is a big step in the direction of offering alternatives to gifted Indian college students to take accountability for their very own training with out burdening their mother and father. This approach, college students can develop into Aatmanirbhar (self-reliant) even earlier than they begin working and protect their mother and father’ wealth, which may be invested for a greater high quality of life post-retirement. With this collaboration, we goal to supply seamless entry to each funding and mortgage companies, guaranteeing that monetary constraints don’t hinder academic aspirations.”

    Manish Gadhvi, CEO of FundsIndia Partner, added, “We are excited to accomplice with Kuhoo, a brand new age platform within the pupil mortgage sector. This collaboration aligns with our mission to empower people with sensible monetary options. By combining our strengths, we goal not solely to help college students of their academic journey and assist them select the college, and/or faculty of their alternative but in addition help their mother and father in managing their financial savings for their very own future by means of clever investments.”

    Kuhoo’s mission is to make high quality training accessible and inexpensive for all Indian college students. By combining its strengths with FundsIndia, Kuhoo goals to supply seamless entry to each funding and mortgage companies, guaranteeing that monetary constraints don’t hinder academic aspirations. This collaboration represents a big milestone in Kuhoo’s journey in the direction of empowering the following era of leaders.

  • Younion appoints Ravi Shankar K as Vice President of Growth for ASEAN

    India June 18, 2024:Younion, a pioneering advertising and marketing company that has redefined the way in which manufacturers join with their audiences, declares the appointment of Ravi Shankar K as Vice President of Growth for ASEAN market. Ravi joins Younion’s management workforce to spearhead strategic progress and increase its footprint throughout Singapore, Thailand, Vietnam, and different ASEAN Countries.

    In his new position, Ravi will develop progress methods, create strong alternative pipelines, and strengthen consumer relationships. His imaginative and prescient is rooted in data-driven experiential advertising and marketing, aiming to place Younion as a world associate for model experiences. His fast focus is to speak this imaginative and prescient to APAC advertising and marketing leaders, emphasizing Younion’s distinctive integration of knowledge and experiential advertising and marketing.

    With over 20 years of expertise, Ravi has excelled on the intersection of content material, dialog, and conversion. His profession started in model administration at zeenext.com, a subsidiary of Zee Telefilms. He has since garnered in depth experience in enterprise gross sales, digital advertising and marketing, and experiential advertising and marketing, working with business leaders such as Microsoft, HP, Lenovo, Dell-EMC, IBM, and Adobe. In his earlier position as Global Marketing Head at Cloud4C, Ravi transitioned the corporate from a managed providers supplier to a progress associate within the expertise economic system.

    Shajesh Menon, Founder and CEO of Younion, expressed his pleasure about Ravi’s appointment: “We are thrilled to welcome Ravi Shankar as our Vice President of Growth (ASEAN). His in depth expertise and confirmed success within the business make him a useful addition to our workforce. Ravi’s appointment signifies our dedication to increasing our presence and enhancing our portfolio of model experiences throughout the ASEAN area.”

    Ravi Shankar K shared his enthusiasm: “I’m excited to hitch Younion and totally embrace its imaginative and prescient of turning into a world model experiences associate by means of data-driven experiential advertising and marketing. Younion is uniquely positioned to fill a major market hole by combining knowledge and experiential advertising and marketing to create impactful model experiences.”

    Younion takes delight in its esteemed clientele, which incorporates business giants such as Google, Palo Alto, Microsoft, Red Hat, Amazon Web Services, Philips, and Nutanix. With confidence in Ravi’s management talents, Younion anticipates that his appointment won’t solely fortify its market place but in addition catalyze innovation and elevate the corporate to new heights of achievement and distinction.


    Mansi Praharaj

  • Younion appoints Ravi Shankar K as Vice President of Growth for ASEAN

    India June 18, 2024:Younion, a pioneering advertising company that has redefined the way in which manufacturers join with their audiences, proclaims the appointment of Ravi Shankar K as Vice President of Growth for ASEAN market. Ravi joins Younion’s management crew to spearhead strategic progress and develop its footprint throughout Singapore, Thailand, Vietnam, and different ASEAN Countries.

    In his new function, Ravi will develop progress methods, create sturdy alternative pipelines, and strengthen shopper relationships. His imaginative and prescient is rooted in data-driven experiential advertising, aiming to place Younion as a worldwide accomplice for model experiences. His quick focus is to speak this imaginative and prescient to APAC advertising leaders, emphasizing Younion’s distinctive integration of information and experiential advertising.

    With over 20 years of expertise, Ravi has excelled on the intersection of content material, dialog, and conversion. His profession started in model administration at zeenext.com, a subsidiary of Zee Telefilms. He has since garnered intensive experience in enterprise gross sales, digital advertising, and experiential advertising, working with business leaders such as Microsoft, HP, Lenovo, Dell-EMC, IBM, and Adobe. In his earlier function as Global Marketing Head at Cloud4C, Ravi transitioned the corporate from a managed companies supplier to a progress accomplice within the expertise economic system.

    Shajesh Menon, Founder and CEO of Younion, expressed his pleasure about Ravi’s appointment: “We are thrilled to welcome Ravi Shankar as our Vice President of Growth (ASEAN). His intensive expertise and confirmed success within the business make him a useful addition to our crew. Ravi’s appointment signifies our dedication to increasing our presence and enhancing our portfolio of model experiences throughout the ASEAN area.”

    Ravi Shankar K shared his enthusiasm: “I’m excited to hitch Younion and totally embrace its imaginative and prescient of changing into a worldwide model experiences accomplice via data-driven experiential advertising. Younion is uniquely positioned to fill a big market hole by combining information and experiential advertising to create impactful model experiences.”

    Younion takes satisfaction in its esteemed clientele, which incorporates business giants such as Google, Palo Alto, Microsoft, Red Hat, Amazon Web Services, Philips, and Nutanix. With confidence in Ravi’s management talents, Younion anticipates that his appointment won’t solely fortify its market place but additionally catalyze innovation and elevate the corporate to new heights of achievement and distinction.


    Mansi Praharaj

  • Rainfall alert! IMD issued an alert regarding heavy rain in these areas for five days

    Rainfall alert! IMD issued an alert regarding heavy rain in these areas for five days
    Rainfall alert! IMD issued an alert regarding heavy rain in these areas for five days

    Weather Monsoon 2024 Update: There is information of reduction amidst the scorching warmth in Bihar. Monsoon will enter the state inside the subsequent 36 hours.

    Monsoon will arrive in Bihar by way of Purnia on the night time of nineteenth June, i.e. earlier than twentieth June. After the arrival of monsoon, there’s a chance of heavy rain in Seemanchal area for 4-5 days. There can be a chance of flood as a consequence of early monsoon.

    – Advertisement –

    The turf line of the southwest monsoon is between Bihar and Bengal. Meteorologists have predicted that the monsoon will transfer from West Bengal to Bihar on the night time of June 19. It will enter the state by way of Kishanganj and Purnia. Monsoon rains will begin in Seemanchal and surrounding areas from June 20. The heaviest rainfall is anticipated on June 22.

    Also Read: New Toll Plaza: New toll assortment will begin in 4 cities of UP. Details Here

    Cyclonic circulation is at present over Assam. Due to this, modifications are being seen in the climate. On Tuesday, extra modifications will probably be seen in the climate in Purnia, Kishanganj and surrounding districts. Light rain may happen at some locations. This is the rationale that whereas on one hand the areas of South Bihar are battling extreme warmth and heatwave, the climate has remained nice for two-three days because of the motion of clouds in Seemanchal. After the arrival of monsoon, there’s a chance of a drop in temperature in the districts of South and East Bihar as effectively.

    Farmers are proud of the information of monsoon, preparations are on to sow the seedlings in the fields.

    After the anticipated date of arrival of monsoon in Bihar was introduced, the paddy farmers are glad. Seeing the favorable climate, the farmers have began making ready to sow paddy seedlings in the fields. It is being estimated that there could also be good rains in the monsoon season this 12 months. In such a state of affairs, the farmers predict a great crop of paddy.

    – Advertisement –

  • Chicco’s ‘No Phenoxyethanol’ range of Baby Moments Baby Cosmetics is becoming a sought-after choice of New-age parents for their babies

    Chicco’s ‘No Phenoxyethanol’ range of Baby Moments Baby Cosmetics is becoming a sought-after choice of New-age parents for their babiesBabies have a very delicate and delicate pores and pores and skin and needs utmost care. Parents are acutely aware regarding the significance of using merchandise made by using the very best parts, and thus keep further vigilant in regards to the an identical, all by means of. Earlier parents used to look for merchandise which had been SLS, SLES, Dyes & Alcohol-free as these chemical compounds are harmful on the toddler’s pores and pores and skin. However, new age parents are a step ahead in phrases of safety, as they’re continually wanting for merchandise — free from phenoxyethanol. With a mannequin like Chicco, fundamental the associated fee — picks have develop to be easier for parents. Chicco is one of the pioneer producers in upgrading its Baby Moments Baby cosmetics range by making it free from Phenoxyethanol and since then, the choice of prospects in search of safer little one merchandise has develop to be simpler.

    Some of you may be questioning what is Phenoxyethanol. Phenoxyethanol is a low cost chemical utilized in cosmetics to increase their shelf life. However, it is an increasing number of becoming an ingredient of concern in tons of worldwide places. The European Scientific Committee on Consumer Safety (beneath European Medicine Agency) permits its utilization at a most focus of 1%. Similarly, Ministry of Health, Labour and Welfare, Japan defines it as a ‘restricted ingredient’ and limits its utilization to 1%.

    Its important that everytime you buy little one cosmetics subsequent time for your little one, please be taught rigorously the parts on the once more label of the product to check if it has Phenoxyethanol or not. The frequent names that are used for Phenoxyethanol on product labels are phenoxyethanol, ethylene glycol monophenyl ether, 2-Phenoxyethanol, rose ether, phenoxy ethyl alcohol, beta-hydroxyethyl phenyl ether. However, ayurvedic merchandise would possibly use one other names.

    Chicco Baby moments is not merely free from Phenoxyethanol however it absolutely’s moreover free from Tropolone, with no added EDTA and Phthalates. It does not have Parabens, SLS, SLES, Dyes, and Alcohol as always. Moreover, it’s enriched with many pure parts of 100% vegetarian origin that are recognized for little one’s pores and pores and skin nourishment.

    Mr. Rajesh Vohra, CEO – Artsana India (Chicco) sharing his elation says – “At Chicco, we make every effort by means of our scientific data and worldwide experience of better than 65 years in extra than 120 worldwide places to fulfil the wants of new-age parents. Chicco Baby Moments was the pioneer in offering Parabens-free little one cosmetics in India 12 years once more whereas its use was nonetheless not prohibited.

    Similarly, for Phenoxyethanol, whereas it’d nonetheless be allowed for use in restricted quantity, the precedence regarding the ingredient in itself is a okay trigger for Chicco to launch a totally Phenoxyethanol-Free range for proper this second’s new age buyers”.

    Chicco Baby Moments range is for new-age parents who’re further acutely aware and additional demanding in phrases of little one care. They insist on the best and essentially the most safe for their little one. New-age parents protect themselves abreast with the latest scientific developments and undertake them fast to remain always ahead.

    Price:

    Chicco Baby Moments range is on the market beneath three categories- Bathing requirements range consists of delicate physique wash & shampoo, cleansing cleaning soap, and Shampoo; the Moisturizing line affords physique lotion, therapeutic therapeutic massage oil, rich cream, and little one cream; Changing product range consists of Rice starch-based talcum powder and diaper rash cream. The range is on the market at a very aggressive price stage.

    Availability:

    The product is on the market the least bit fundamental little one and pharmacy retailers, supermarkets and on-line portals.


    Mansi Praharaj

  • Bahamas Launches the Spring-Summer Collection for 2024

    Bahamas Launches the Spring-Summer Collection for 2024New Delhi : Bahamas, the free spirited footwear mannequin beneath the most important footwear producer, Relaxo Footwears Ltd., is thrilled to announce the launch of its extraordinarily anticipated Spring–Summer 2024 (SS ’24) Collection. Infused with the spirit of fulfilling, pleasure, and carefree residing, this assortment embodies the essence of the youth, charming the hearts of Gen Z and millennials all through the nation.

    The SS ’24 Collection is tailor-made for individuals who get pleasure from the high-energy, extreme output work ethic and magnificence with gusto. With quite a lot of newest and stylish articles, Bahamas invites purchasers to immerse themselves in the fulfilling & youthful aesthetic and uplift their personal style quotient.

    Bahamas, recognized for its vibrant and carefree mannequin image, has strategically tapped into the larger-than-life persona of Bollywood superstar Salman Khan to extra enhance its ethos of positivity and resilience. It conjures up you to get pleasure from a stress free life, serving as a bridge between purchasers and the mannequin, the camaraderie conjures up confidence and empowerment amongst prospects, reinforcing Bahamas‘ emphasis to imbibing a means of delight and liberation by means of its merchandise.

    Mr. Gaurav Dua, Executive Director, Relaxo Footwear Ltd., shared his insights on the SS ’24 Collection, stating, “At Bahamas, we’re dedicated to capturing the essence of youth by means of our dynamic and spirited designs. Our Spring–Summer 2024 Collection is all about embracing a lifestyle full of delight, freedom, and unbounded vitality. We prioritize providing the most interesting in style and luxurious, guaranteeing that every step our purchasers take exudes confidence and aptitude. With the new differ, we think about our valued purchasers may have a great time a season of exuberance and youthful vitality with Bahamas.”

    Available at over 405 Exclusive Brand Outlets (EBOs) and most important footwear outlets, the utterly tailored assortment will be on the market on the official website online. The Bahamas SS ’24 Collection invites folks to inculcate the spirit of carefree residing, categorical themselves boldly, and make a splash with their style alternatives.


    Mansi Praharaj

  • India ICE vs EV sales for top 2W and 3W OEMs in April and May 2024 • EVreporter

    OEM wise Leading 2W Sales for ICE and EV, May 2024

    Source: Vahan Dashboard. Data as per 1360 out of 1503 RTOs across 34 out of 36 state/UTs

    In May 2024, India’s top five motorcycle manufacturers were Hero Motocorp, Honda Motorcycle, TVS Motors, Bajaj Auto, and Suzuki Motorcycle. Hero Motocorp led with 445,762 total sales, of which 2,454 (0.6%) were electric vehicles (EVs). Both Honda Motorcycle and Suzuki Motorcycle did not sell any EVs. TVS Motors sold 263,196 vehicles, including 11,776 EVs (4.5%), while Bajaj Auto sold 175,114 vehicles, with 9,199 EVs (5.3%). Overall, EVs represented a small percentage of total 2W sales, indicating a gradual shift towards electrification in India’s 2W market.

    The overall penetration of EVs in the 2W market in May 2024 was approximately 2.85%.

    Source: Vahan Dashboard. Data as per 1360 out of 1503 RTOs across 34 out of 36 state/UTs

    In April 2024, Hero Motocorp led with 511,467 total sales, of which only 0.2% (946 units) were EVs. Honda Motorcycle and Suzuki Motorcycles sold 393,892 and 77,802 units, respectively, with no EV sales. TVS Motors and Bajaj Auto had modest EV shares, with TVS Motors selling 2.7% (7,655 units) and Bajaj Auto 3.8% (7,517 units) of their total sales as EVs. Royal Enfield and India Yamaha Motor sold 71,719 and 55,900 units, respectively, with no EVs. Ola Electric Technologies and Ather Energy sold EVs exclusively, with 33,957 units and 4,055 units, respectively. This data reflects a significant gap in EV adoption among traditional manufacturers compared to newer, fully electric companies.

    The overall penetration of EVs in the 2W market in April 2024 was approximately 3.4%.

    OEM wise Leading 3W L5 Pax Sales for ICE and EV, May 2024

    Source: Vahan Dashboard. Data as per 1360 out of 1503 RTOs across 34 out of 36 state/UTs

    In May 2024, India’s three-wheeler market demonstrated varied levels of electric vehicle (EV) adoption among the top manufacturers. Bajaj Auto led with 31,414 total sales, of which 7% were EVs. Piaggio Vehicles and Mahindra Last Mile Mobility had significant EV sales, with Piaggio achieving 24.8% and Mahindra an impressive 89.9%. TVS Motors had the lowest EV share at 1%. TI Clean Mobility and Keto Motors exclusively sold EVs. Overall, while ICE vehicles still dominate, there is a noticeable shift towards EVs among some manufacturers.

    The overall penetration of EVs in the Passenger 3W market in May 2024 was approximately 16.49%.

    Source: Vahan Dashboard. Data as per 1360 out of 1503 RTOs across 34 out of 36 state/UTs

    In April 2024, Bajaj Auto led with 26,115 total sales, of which 4.6% (1,195 units) were EVs. Piaggio Vehicles sold 3,695 units, with 14.6% (541 units) being EVs. Mahindra Last Mile Mobility had a high EV adoption rate, with 86.2% (1,780 units) of its 2,066 total sales being EVs. TVS Motors and Atul Auto had lower EV shares, with TVS Motors selling 2.3% (36 units) and Atul Auto 9% (48 units) of their total sales as EVs. TI Clean Mobility and Omega Seiki sold only EVs, with 194 and 69 units respectively. MLR Auto had a minimal EV share, with 2.9% (7 units) of its 241 total sales being EVs. This data highlights the diverse strategies towards EV adoption among the top three-wheeler manufacturers.

    The overall penetration of EVs in the Passenger 3W market in April 2024 was approximately 11.23%.

    OEM wise Leading 3W L5 Goods Sales for ICE and EV, May 2024

    Source: Vahan Dashboard. Data as per 1360 out of 1503 RTOs across 34 out of 36 state/UTs

    In May 2024, the three-wheeler market in India showed varying degrees of electric vehicle (EV) penetration among manufacturers. Bajaj Auto sold 4,112 units, with 3.5% being EVs, while Piaggio Vehicles sold 2,224 units, with 8.5% EVs. Mahindra Last Mile Mobility had a significant shift towards electrification, with 57.9% of its 1,000 units being EVs. Omega Seiki, Euler Motors, and Ravi Metalworks exclusively sold EVs, totaling 254, 244, and 158 units respectively. Capital Auto Industries did not sell any EVs out of its 126 units. MLR Auto Ltd had a small EV share, with 4.2% of its 120 units being electric.

    The overall penetration of EVs in the Cargo 3W market in May 2024 was approximately 19.09%.

    Source: Vahan Dashboard. Data as per 1360 out of 1503 RTOs across 34 out of 36 state/UTs

    In April 2024, Bajaj Auto recorded the highest total sales at 3,816 units, with only 2.2% (85 units) being EVs. Piaggio Vehicles followed with 2,191 total sales, of which 7.2% (158 units) were EVs. Atul Auto sold 954 units, with 12.2% (116 units) being EVs. Mahindra Last Mile Mobility had a significant share of EVs at 59.2% (552 units) of its 933 total sales. Omega Seiki Pvt Ltd, E Royce Motors, and Euler Motors exclusively sold EVs, each with 240, 230, and 165 units, respectively. Capital Auto Industries sold 123 units, but none were EVs. This data underscores the varying strategies towards EV integration among the top players in the market.

    The overall penetration of EVs in the Cargo 3W market in April 2024 was approximately 17.86%.

    For deeper insights into India’s EV sales trends (including Telangana data) – Segment-wise, OEM-wise, city- and state-wise- check out the EVreporter Data Portal here and subscribe.

    Also read: India ICE vs EV sales for top 2W and 3W OEMs in March 2024

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  • Amazon India Sets Record for Employee Volunteer Participation in Global Month of Volunteering

    Amazon India Sets Record for Employee Volunteer Participation in Global Month of Volunteering

    Chandigarh, June 15, 2024: Amazon.in on 14 June introduced that the Global Month of Volunteering celebrated in May 2024 noticed a file participation of over 1.1 lakh Amazon Employees together with company workers and associates in India, a rise of 100% YoY. This underscores the corporate’s deep dedication to create affect and interact with the communities throughout. Through volunteering efforts, Amazon addressed key focus areas like ladies empowerment, sustainability, meals safety, and schooling. With a mission to coach, encourage, and join, Amazon.in created over 400 volunteering alternatives throughout India, partnering with greater than 55 non-profit organizations the place workers can take part in a range of in-office, outside-office, and digital volunteering actions.

    “At Amazon, the well-being of the communities we serve is core to our success. Our Global Month of Volunteering unites our workers and empowers them to make an actual distinction. Through GMV, now we have already impacted the lives of over 1.36 lakh beneficiaries throughout India,” mentioned Manish Tiwary, Vice President and Country Manager, Amazon India. “We are dedicated to creating a long-lasting affect all year long and can proceed to leverage our assets for the better good, striving to be the nice neighbour for the communities we dwell and work in,” added Manish.

    Amazon.in engaged volunteers to spotlight volunteering as a worldwide power for good by means of significant and impacting actions together with volunteers uniting to help and empower communities by fostering native self-help teams to advertise indigenous merchandise enabling a sustainable livelihood; supporting lady college students in STEM schooling by means of numerous nonprofit collaborations; serving to cut back waste in communities by reworking waste material into usable baggage and planting self-sustaining saplings whereas encouraging them in the direction of constructing a extra sustainable and environmentally acutely aware group; distributing ration kits together with ready-to-eat meals and important groceries like dal and rice amongst underserved communities; and creating participating studying modules and rejuvenating studying areas together with interactive lessons, restocked libraries, turning colleges into vibrant facilities of creativity and information amongst a number of others.

    Amazon continues to make important strides in empowering communities by means of a range of impactful initiatives. Amazon has positively impacted greater than 7.8 million folks nationwide. By leveraging its huge assets and progressive capabilities, Amazon focuses on offering important schooling and expertise coaching to underserved populations. Programs comparable to Amazon Future Engineer purpose to bridge the hole in laptop science schooling, providing younger college students from various backgrounds the chance to realize essential expertise for their future careers. These academic efforts are complemented by quite a few scholarship applications designed to make sure that monetary obstacles don’t grow to be a problem for entry to high quality schooling. Likewise, Amazon is dedicated to selling well being and hygiene consciousness by means of focused campaigns. So far, Amazon touched the lives of over 20,000 ladies and women. Additionally, we’re enabling entrepreneurship in this house by establishing sanitary serviette manufacturing models in a number of cities together with cities like Kolkata, Hyderabad, Chennai and Bangalore.  These manufacturing models not solely gives sustainable livelihood options for 60 rural ladies by means of a cheap mannequin but in addition ensures the supply of environmentally accountable merchandise for over 2000 rural ladies and women in their neighborhoods.

    Overall, Amazon’s complete group affect technique underscores its dedication to leveraging expertise and assets to drive constructive change and help sustainable growth throughout numerous sectors. The firm’s ongoing efforts reveal a transparent dedication to creating lasting advantages for communities around the globe the place its workers dwell and work.


    Neel Achary