Chandigarh,sunitashastri:Chandigarh, India:CONCOR, a multi-modal logistics solution provider and a Navratna Company under the Indian Ministry of Railwayspartnered with APM Terminals Pipavav for a webinar focused on anti-corruption in logistics industry. As part of the vigilance week, CONCOR organised the webinar wherein Ms. Farzana Mohomed, Chief Compliance Officer, Maersk Group and Mr. Jakob Friis Sorensen, Managing Director, APM Terminals Pipavav were invited to share their insights. The hour-long session commenced with the welcome address by Chief Vigilance Officer at CONCOR Shri Akash Taneja, followed by the introduction by Shri Sanjay Swarup, Director, International Marketing and Operations at CONCOR. The session ended with an interactive dialogue wherein all participants expressed their views and perspectiveson the topic.Mr. Jakob Friis Sorensen Managing Director APM Terminals Pipavavsaid, “We are grateful to CONCOR for inviting us for this webinar and allowing us to share our insights and practices. This is truly one of a kind initiative where Govt Company has partnered with Public limited company for issues surrounding anti-corruption and other compliances. At APM Terminals Pipavav, an effective compliance programme is a precursor to Sustainability as we believe that anti-corruption measures are required to establish global standards and procedures to reduce illegal, unethical and improper conduct to keep industry clean. Compliance is an integral part of our business operation in sync with our parent Maersk Group where compliance is embedded part of culture.”Entire management of CONCOR and staff membersattended the webinar. The vision of A.P Moller Maersk on anti-corruption and compliance practices was well fathomed by the CONCOR group. A.P Moller Maersk believes in the need for 100% compliance in order to maintain the standard of a global company.
3-Ten fintech startups begin their incubation journey at NSRCEL ——– no photo
Chandigarh,sunitashastri: NSRCEL, the startup hub at IIM Bangalore, has selected 10 early-stage fintech startups for its final stage of the Fintech startup program, which will see these firms undergo a 9-month incubation program and subsequently be eligible for a grant from ICICI Securities (I-Sec).
The program is part of ICICI Securities’ CSR initiative under which it has committed to help fintechs with winning ideas to come to the market. I-Sec believes fintechs have immense potential in jobs creation and economic growth, something which is a need of the hour for India, which has a large population entering the workforce every year.
“It is very exciting to see the fintech startups get ready for the incubation journey at NSRCEL. The quality of the founders and the solutions they offer are really top class and real world, and I am very confident that they will have many takers. I wish all the best to the teams and look forward to engaging with them during their journey,” saidMr. Vijay Chandok, MD & CEO, ICICI Securities.
“As the first domain specific program at NSRCEL, we have high expectations for this final cohort. We will do whatever it takes to get them to the next level of growth in their entrepreneurial journey,” said Prof. VenkateshPanchapagesan, Chairperson, NSRCEL at IIM Bangalore.The I-Sec-IIMB Fintech startup program was launched earlier this year and received over 240 applications from all over the country. Twenty-five firms were shortlisted for a pre-incubation program, and from there 10 would now undergo an intensive nine-month incubation journey with a funding from the CSR fund of ICICI Securities.The ventures selected in this cohort are early-stage startups working in areas like trading, lending, payments, wealth advisory, insurance tech, accounting and financial management, billing software and auxiliary sector-logistics. During their incubation journey they will be engaged in domain-specific support through mentors, industry experts and investors in the Fintech space. NSRCEL will facilitate networking & peer-learning sessions to explore synergies within and beyond the NSRCEL Startup Ecosystem.
