Over 100,000 students received fee financing through the fintech business “Financepeer,” which collaborated with 500 institutes.
Building sanitation facilities in Khed are LG Electronics and Habitat for Humanity India :-
In Dehane and Kharoshi villages, which are located in Khed block of Pune district, Habitat for Humanity India and LG Electronics have finished the “Life’s Good: Hope Village” project. The first stage of the project was finished in Kharoshi village in September 2021 with the construction of 12 new homes with sanitation units and solar home lighting systems.
15 individual household latrines, the installation of solar streetlights in 6 locations, and infrastructure development of Kharoshi’s Zilla Parishad School. Five brand-new dwellings outfitted with bathrooms, sanitization units, and solar lighting systems have been given to five low-income families as part of the project’s second phase.
Which was carried out at Dehane Village between October 2021 and September 2022. Also given to the organisation was a 260 square foot sanitation complex.
A 260 square foot sanitation facility that would help 101 pupils as well as the staff at the Dehane Zilla Parishad School was also given to the school.
Care Ratings upgrades long-term rating on Poonawalla Fincorp :-
The long-term ratings of Poonawalla Fincorp Limited (PFL) and its subsidiary Poonawalla Housing Finance Limited (PHFL) have been upgraded by Care Ratings Ltd (Care) to “CARE AAA (Triple A), Stable.” This rating is applicable to subordinated debt, market-linked debentures, non-convertible debentures, and bank loan facilities.
According to PFL’s managing director, Abhay Bhutada, “This improvement underlines our unwavering emphasis on carrying out our stated plan and laying a solid platform for long-term sustainable leadership in the sector.
This improved rating would support our liability franchise even more and hasten our growth trajectory in line with our vision and goal. The financial services industry has been highlighted as having strategic relevance for the Cyrus Poonawalla Group, according to Adar Poonawalla, chairman of PFL.
The organization’s leadership, strength, and excellence in financial and operational performance are all reaffirmed by the rating increase by CARE to AAA (Triple A). This represents a significant turning point on our path to becoming a financial services industry leader and demonstrates our dedication to creating a solid institution.
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Launched by o9 Solutions is “Supply Sensing” :-
“o9 Solutions,” a provider of enterprise AI software platforms, recently announced the release of supply sensing, a cutting-edge solution created to assist businesses in better anticipating supply disruptions by localising the impact of macro-level shocks on their unique supply chains and developing mitigating strategies to minimise any negative effects on their operations.
The Supply Sensing system from o9 keeps an eye on both internal and external elements, such as agricultural output, weather patterns, traffic jams, employment indicators, and more. “Supply chain leaders are exploring new approaches to better identify disruptions before they occur in the wake of an unprecedented number of interruptions,” said Chakri Gottemukkala, co-founder and CEO of o9 Solutions.
500 institutions are partners with Financepeer :-
Over 100,000 students received fee financing assistance from the fintech business Financepeer, which collaborated with 500 institutes. In order to better serve the approximately 15,000 students at both universities, the firm has expanded its cooperation with the Maharashtra Institute of Technology and the DY Patil Institute.
With the support of Financepeer’s payment solution, fee collection services and working capital issues for institutions nationwide have been taken care of, allowing the sector to view education finance from a new angle.
Financepeer is operational in pan-India with a network of over 10,000 education institutions and provides fee financing facilities to over 2 million students.
Rohit Gajbhiye, founder, Financepeer, said “Our vision is to make quality education accessible to the masses. The challenge of funds should not deter the aspirations of the students and Fee Financing is the most potent option available for the students. This facility helps schools to get the entire fees at the beginning and they do not have any shortage of funds to operate.”
To encourage rapid adoption of its SaaS products, SunTec Business Solutions and Whatfix work together :-
To promote speedy customer acceptance of its SaaS products and facilitate a smooth and user-friendly onboarding process for them, SunTec Business Solutions has announced a strategic alliance and integration of its products and solutions with Whatfix.
Through the provision of contextual, interactive, real-time digital coaching to customers, SunTec clients will be able to drastically lower end-user training expenses, boost productivity, and shorten time to value.
Fast product uptake is essential for financial institutions to guarantee return on software investments, according to Amit Dua, president of SunTec. Our solutions will be easily adopted on SaaS thanks to the integration of Whatfix with our cloud-based platform SunTec Xelerate. Customer satisfaction will increase as a result of the structured and efficient customer onboarding process.
