Foreign exchange buying and selling is now a transparent and convenient process with the rates aggregation platform from Nafex India. Nafex India has collaborated with more than Nine hundred RBI approved money changers and authorised dealers, who bid real-time for any individual currency, prepaid forex card or remittance requirements put up on the platform.

Image Source – Nafex

Rates comparison allows consumers to compare rates offered, proximity of the money changer, and make an informed decision to get the best deal for their forex requirements. This is a significant shift from the traditional model of rates dictated by banks, travel agencies, and grey market operators.  The reverse bidding for currency exchange, forex cards and outward remittances is uniquely available only on the Nafex India platform.

According to Annie Kumar, Co-founder and Managing Director, Nafex India

The money changer market in India and several parts of the world is going through a disruptive phase. Monopolistic rates controlled by few agencies is no longer working out with consumers. Flexibility, transparency, convenience & value are emerging as key considerations for forex buyers and sellers.  Nafex India endeavors to safeguard interests of consumers and build trust in transactions.

The promoters of the company, Jeethmal Mutha and Annie Kumar, have spent two decades in the forex and travel & hospitality industry. The company has tied up Pan India Money changers like Weizmann, Poundwize, UAE Exchange, Spice Money, Centrum along with several hundreds of  regional money of changers are participating in the reverse auction. Leisure travel, education, medical treatment are key areas of focus for Nafex India.

Nafex India platform includes currencies from US, Canada, UK, Australia, Europe, UAE, Saudi, Singapore, China, Sri Lanka, Malaysia and Thailand. From its launch, the Nafex India platform has witnessed 100,000+ transactions worth USD 40+ Mn in currency alone apart from Forex cards & remittance.

Nafex plans to add more features to the platform such as B2B & to build end-to-end expertise for enterprise and individual money changing solutions globally. Currently present in 100 cities, Nafex plans to rapidly launch its services in other Indian cities.

VeriSign, a global leader in domain names and internet security, have announced that approximately 1.3 million domain name registrations were added to the internet in the second quarter of 2017, bringing the total number of domain name registrations to approximately 331.9 million across all Top-Level Domains [TLDs] as of June 30, 2017.

Image Source – TLD

The increase of approximately 1.3 million domain name registrations globally equates to a growth rate of 0.4 percent over the first quarter of 2017. Domain name registrations have grown by 6.7 million, or 2.1 percent, year over year.

The .com and .net TLDs had a combined total of approximately 144.3 million domain name registrations in the domain name base in the second quarter of 2017. This represents a 0.8 percent increase year over year. As of June 30, 2017, the .com domain name base totaled 129.2 million domain name registrations, while the .net domain name base totaled 15.1 million domain name registrations.

New .com and .net domain name registrations totaled 9.2 million during the second quarter of 2017. In the second quarter of 2016, new .com and .net domain name registrations totaled 8.6 million.

Verisign publishes the Domain Name Industry Brief to provide internet users throughout the world with statistical and analytical research and data on the domain name industry. The second quarter 2017 Domain Name Industry Brief, as well as previous reports, can be obtained from here

 

Nowadays, air fresheners have become an integral part of our daily lifestyle, be it home, cars, or bathrooms. Everyone wants his/her home and car to smell good and fresh. Here is a permanent solution to your problems – Godrej Aer. There is a constant push to make the environment more eco-friendly. Godrej Aer brings you a wide range of eco-friendly air fresheners for your home, cars and bathrooms.

Your car might be a heaven for speed, but the most important factor in car is the interior environment & the smell, which ultimately decides the comfort of your journey, more than the speed. There are various brands of car perfumes online with different and amazing fragrances.

Also, with the advent of e-commerce, customers can now enjoy buying amazing stuff from the comfort of their homes! Nowadays, people are more specific of how their rooms or bathrooms smell when guests visit them. Home fragrance sprays or toilet freshener sprays are the perfect solution in such a situation. Many branded companies come up with air fresheners and best car fresheners; the choice is difficult but one can decide on the basis of price, variety of fragrances, durability, etc.

Freshworks, the leading provider of cloud-based business software launched Freshchat, a next-gen messaging product that helps businesses better communicate with their customers. Freshchat provides a suite of website and in-product engagement capabilities which help businesses capture more leads and drive sales.

Image Source – FreshChat

As per the 2016-17 Gartner CMO Spending Survey, nearly two-thirds of marketing leaders plan to increase digital ad-spend in 2017. Marketers are spending more on digital marketing to attract customers to their websites and apps, but end up converting only 2 to 3 percent of these visitors into customers.

To solve for this, Freshchat enables businesses to target visitors with highly contextual messages to increase engagement and thereby conversions. Once the end user responds, an intelligent bot screens and qualifies leads effortlessly before bringing in a sales rep. This information is auto-synced into the CRM, providing context for sales reps and enabling intelligent conversations.

Freshchat breaks from legacy live chat tools to deliver a modern messaging experience that customers expect, similar to personal messaging apps like WhatsApp or Facebook Messenger. Leveraging technology from recent acquisitions, Freshchat enables smarter conversations without the burden of traditional live chat on either party – no missed chats or sessions timing out for the customer, and no staffing up during peaks for the business.

Freshchat can integrate into websites, web-apps, native mobile apps, and other messaging products like Facebook Messenger. Freshchat offers in-product campaigns for on-boarding and engagement, a unique integrated FAQ experience to encourage self-service, and advanced features to route and manage conversations for customer support.

Girish Mathrubootham, CEO and Founder of Freshworks, said

Businesses today want to provide their consumers with contextual, intelligent and personalized chat experiences. We believe there is a huge gap that live chat products don’t address compared to consumer messaging apps, which are creating high benchmarks for user experience.

Sales and support agents need to be empowered with a single platform that provides the flexibility to engage with prospects and customers who are always multi-tasking. We are excited to offer a game-changing chat offering with unique sales and support capabilities that push the boundaries of an already well-established business communication channel.

Rajesh Magow, Co-Founder and CEO-India, MakeMyTrip, said

At MakeMyTrip, we are always looking to use innovative technology to make travel seamless and hassle-free for our customers. We are using Freshchat to solve for our customers’ needs with precision, in real time. Not only has it ensured that our customers receive prompt personalized experiences, it has also brought in operational efficiencies that make assisted buying extremely scalable.

In addition to the standalone chat offering, Freshchat will integrate into Freshsales and Freshdesk, making it easy for sales and support teams to adopt the product into their workflow. Freshchat is available to businesses of all sizes, with a free plan for companies with less than ten team members in sales and support. For more information, please visit FreshChat

Truecaller has announced the addition of a new spam filtering feature for its iOS app, which will seamlessly filter out SMS and MMS spam from iMessage and send them directly to a junk tab.

Similar to junk email, which is filtered into a designated spam folder, you will no longer have to waste time deleting unwanted messages manually from your device, allowing you to communicate safely and more efficiently with those that matter.

Truecaller blocks more than 100 million spam SMS and text messages each week globally, and with its ever-growing community, iOS users will now be able to filter out junk SMS with the most powerful spam blocking app.

On a weekly basis approximately 82 million spam texts or SMS are received by Indian users, out of which 24 million are automatically blocked.

Rishit Jhunjhunwala, VP of Product, Truecaller, said

We are always looking for ways to increase safety while communicating. Now, iPhone users will have a powerful tool to automatically filter junk and spam SMS, which has been highly requested by our users.

Along with recent releases such as Flash Messaging and Google Duo powered video calling, this is another in a long list of new features within the popular Truecaller app, which makes it a one-stop communications platform with a smart dialer, caller ID, and spam blocking service that is already used by more than 250 million users globally.

If there is one reliable thing NRIs have always vouched for and continue to invest in, it is property back home in India. Bengaluru, Kochi, Mumbai, Ahmedabad and Delhi have been investment hotspots. However, the lucrative investment comes with strings attached – how does one know their tenant is good, that their house is not damaged in their absence, or what if the tenant calls them from across the seas to get a plumbing problem fixed ?

Being so far off, and rarely visiting their hometowns, NRIs now are turning to property management companies to take care of the nitty gritty of their treasured properties.

Rentprop4u, a Bengaluru-based realty startup, says it has seen an almost 60 per cent increase in the number of inquiries over the past one year from NRIs in Australia, US, Canada, New Zealand and the Gulf. The company helps NRIs realize the full potential of their real estate investments.

Nagaraju M, CEO, Rentprop4u, said

Usually NRI home owners are worried about things like finding the right tenant quickly, showing the property, tenant vacation hassles and legal implications, rent variation, lack of tenant screening and house maintenance, dependency on brokers and inability to inspect the property during tenant stay.

Nagaraju lays out the current details, very specific to NRIs – nearly 25 per cent of apartments in Bengaluru are bought by NRIs. In Kochi it is about 40 per cent. Investment by NRIs in other cities such as MMR, NCR, Ahmedabad, Chennai and Dehradun varies between 5 to 10 per cent of the overall market sales.

According to the census of India 2011, out of the 90 million residential census units, 11 million units were vacant; that is about 12 per cent of the total urban housing stock. And a lot of home owners prefer to let their investments lie idle rather than face the trouble of letting them out.

Nagaraju speaks of how companies like his have now become popular with NRIs, because they offer 100 per cent property assistance – including rent assistance, rental agreements and payments, maintenance, quarterly inspection of properties with photographs taken and sent to owners. They also offer niche on-demand services such as furnishing and payment of property taxes.

Rentprop4u takes care of one other worry for NRIs – safety – through tenant screening and background verification as well. They do a police verification of the tenant through their legal team. Established in 2016, Rentprop4u currently has 200 plus registered properties and more than 400 users. Be it a single property or a large portfolio, the company is so confident of its tenant placement services that it guarantees to let out the property in less than 30 days or start paying the rent to the owner within a month.

Nagaraju M, CEO, Rentprop4u, added

We give them 15-20 per cent higher returns compared to brokers, so NRIs find our deals attractive. We can assure uninterrupted rent payments to property owners even when some of the properties are vacant for short periods.

About Rentprop4u

Rentprop4u is a Bengaluru-based realty start-up offering property management and rental solutions to owners and tenants. Established in 2016, Rentprop4u currently has 200 plus registered properties and more than 400 users.

The company offers an end-to-end online rental solution for tenants to find suitable properties at zero brokerage with minimal paperwork, while owners can make use of Rentprop4u’s services to manage their properties and maximize their rental income.

Payjo has launched SBI Intelligent Assistant or SIA, an AI-powered chat assistant that addresses customer enquiries instantly and helps them with everyday banking tasks just like a bank representative. With SIA, SBI will reduce significant operational expenditure over time.

Since launch, SIA has responded to millions of queries from thousands of customers. SIA is setup to handle nearly 10,000 enquiries per second or 864 Million in a day. That is nearly 25% of the queries processed by Google every day.

Setting up the AI platform for State Bank of India, the world’s largest bank with 420 Million customers is nothing short of an engineering marvel. Payjo’s architecture was diligently calibrated to seamlessly scale up to such magnitude. Deployment of this size is a ?rst of its kind in India and even across the world, such instances are few and far between. Payjo’s over 20 years of expertise in large enterprise ?nancial systems has made it possible for a successful launch.

SIA continuously learns with each interaction and gets better over time. Currently, it can address enquiries on banking products and services. It is trained with a large set of knowledge and is adept at answering frequently asked questions as well.

Commenting on SIA, Srinivas Njay, Founder and CEO of Payjo added

India’s banking infrastructure is light years ahead compared to the western world. The largest public sector bank of the country adopting Artificial Intelligence in a matter of few months is not an easy task. The credit goes to the progressive team at SBI and the continued Digital India push from our honourable PM Narendra Modi. SIA is a revolution in the banking industry. It is set to disrupt the way banks and customers interact.

Shiv Kumar Bhasin, CTO of SBI added

SIA is a perfect example of ground-breaking banking application in Arti?cial Intelligence and Conversational Banking. It will enhance customer service several notches above and Payjo’s expertise in the conversational banking domain helped us build SIA as a superior chatbot in the global banking space. We look forward to taking SIA and simplifying customer’s lives on multiple customer interaction platforms in partnership with Payjo.

SIA can be accessed through SBI’s portal. Payjo is working towards making SIA available across multiple customer touch-points like mobile, IVR, SMS and Social Media platforms. SIA will also be equipped to interact in most regional languages of India.

About Payjo

Payjo’s AI Banking platform powers top banks worldwide and facilitates 24*7 real-time automated assistance. It enables every conversation to be highly personalized, intelligent and secure. Payjo is CERT-In certi?ed for security and compliance and also adheres to RBI regulations as well as the Information Technology Amendment Act of India. For more information, please visit Payjo

How many times it has occurred that you plan to complete a certain activity in a couple of hours but end up spending much more than time what is expected. If you are leading a team, the same might also apply to your team members.

Image Source – Work Management

The delay could be because of unwanted meetings, resolution of blocker issues, unproductive use of project time, delay of dependent deliverables, etc. In some cases, the delay might enter into an infinite loop thereby adversely affecting the project deadlines and hampering motivation of team members!

It is estimated that 25% of the average worker’s day is wasted on inefficient work, which means that If you work an 8-hour day, that’s 2 hours wasted every day i.e. 520 hours/year. Hence, it becomes important to use right as well as efficient scheduling tools for project management.

Wrike, a company that specializes in the development of project management tools] has come up with a very informative infographic that highlights the challenges faced by leaders and team managers to ensure efficient Work Management.

Why Every Team Needs Work Management ToolsInfographic brought to you by Wrike scheduling tools for project management

Do leave a comment on the Work Management tools that you use for better management!