How this 23-year-old gujju’s jugaad aims to help 50 million overseas students plan better

If the entire colonies dedicated to Indians in western countries are anything to go by, it is safe to assume that the 21st century globetrotting Indian keeps his “foreign” education close, but his money closer. For behind the façade of the grand international life are burdensome student loans, or perhaps that constant sword hanging over one’s head, the sponsoring family, which wonders about the usefulness of the expense of their life savings.

It was perhaps poetic justice then that a textbook ‘vaniya’ Gujarati– which is possibly the most infamously global community of the lot– engineered a way to help students cut short the ordeal of complex calculations, and technologically figure out the exact point in their careers, after their lofty college educations, at which they will break-even and recover the costs.

The Fantastic Mr Fox

A scientifically trained finance professional with an obsession for understanding world economics, 23-year-old Vibhav Parikh is the founder of Fox Counsel. He holds a bachelor’s degree in management studies from Mumbai Jai Hind College.

In his final year at college, students and counselors alike were crying themselves hoarse about studies overseas. “Being a Gujarati, it was essential for me to see some profit in this investment. But none of the voices that were shouting “Study Abroad” had a definite answer. A ball-park figure is of no use with an investment of this size,” says Vibhav.

Jugaad

Like a true-blue Gujarati, he broke things down and laid the foundation for his jugaadsolution.

Problem: How viable is an investment in an education abroad? Everyone knows it is imperative to study further, but not everyone has the financial capability to take that plunge to go abroad. Loans, expenses, and work permits are all factors that are seldom taken into consideration.

He learned about the ‘time value of money’ and various financial formulae at the same time. These financials were used extensively in the corporate world to evaluate the viability of projects. “I applied this to evaluate investments in education abroad. The output would simply be– when one would break-even.”

Finally, his Solution - the first ever Study Abroad Calculator in the world.

He used one of his research papers as a base, developed a few tricks on MS Excel, and made it work. “This is how things can be done for free!”

A Calculated risk

In three months, he found a partner, Pradnesh Patil, to take up the challenge of integrating finance and code. Within three more, they got the website up and running.

Fox Counsel, the online calculator, helps students estimate the cost of studying abroad and gives them their specific break-even period, so that students across India and the world are enabled to make the correct financial decisions.

The calculator uses a financial algorithm– the Fox algorithm- combined with the crucial loan payment schedules and expected salary ranges.

An individual in the USA and an individual in India would have different break-even years for the same university. This is because Fox Counsel uses the financial concept of “opportunity cost” and ensures that the output is as close to reality for the specific user.

How it’s done

The user has to input six primary details:

Where they are from

Where they are going to

Cost of Tuition Fees and Books

Expected Salary Range

Study Duration (In months)

Cost of Flight and VISA

Additionally, they have to punch in details of the loan taken, and years that must be skipped for accommodation and food expenses – in case the college’s fees is inclusive of the two, or the student is not going to bear the costs if he is, for example, staying with a relative.

The output would be the year in which the user would break-even, and a table that shows all costs, including electricity, housing, food, miscellaneous expenses and taxes, for the years till they are expected to break-even. The user can also alter the housing and food costs.

The calculator can be used by anyone. Residents in Sydney could take a loan from a bank in Sydney or the United States, and still get an output year that would accurately match their needs.

The world is his oyster

According to UNESCO Statistics, there are nearly 30 million students studying internationally every year – so, that is Fox Counsel’s market size. There are also the parents of the 30 million students, and the students that do not end up going abroad. In all, conservatively, Fox can potentially serve 50 million people a year.

This doubles up as a potential opportunity as well as a challenge. With a small team, it has been difficult to reach the entire target audience effectively; there is no one sure shot way, given how the audience is spread across countries and demographies. To overcome these barriers, they have formed networking nodes, through internet forums like Quora, across countries, which would, in turn, multiply the number of calculations.

Counselors also come in the realm of their target market. “We have a business model that encompasses students, parents, and student counselors, with a slightly unique show-case for each,” he explains.

They plan to establish tie-ups with career counselors, advertise in the educational and financial supplements of newspapers, and as of now, are already in talks with a leading educational loan provider in India for a partnership.

Kids better have my money

Fox Counsel has developed a “Venn Business Model” for their revenues, which will be garnered through user registrations, tie-ups with counselors and educational institutions, Google ad-sense and website adverts, and lastly, licensing.

Fox Counsel has also developed a unique back end system. “I can see what the users are searching for, from where to where the students are going, which is the most searched city and so on.”

So far, since they launched six months ago, they have garnered around 10,000 hits, with over a 1,000 unique calculations.

Currently, they are a free calculator. The revenue from registration and tie-ups will be generated after a year of operations. A firm even inquired whether Fox could license the calculator to them, such that they would be exclusive users of the tool. "We have kept the idea on the table for the future, but chosen not to go ahead with this stream at this early juncture," says Vibhav.

Having said that, they have made sure their fixed and variable costs aren't in the red and that they can continue operating.

Finding Quora

A growth hack has been tapping into the global community that Quora has to its credit. “There are people who blatantly use it to advertise their product, but we aren’t amongst those. We simply answer questions and that then translates to hits. I believe it is a much stronger medium than Facebook and Twitter for my product.”

He has answered 59 different questions on Quora from different Indian users, and got nearly 30,000 views since he became active last October. “If you see my answers, they are extremely specific and in-depth with regard to the questions posed. From there, I connect with students, who then use my website to help others directly.”

Currently, Fox Counsel is a completely unique product in the world market, and faces no direct competition. The Fox Counsel team do not consider themselves as a substitute to counselors, but rather, as a “synergetic complement.”

Coming up!

The next step for Fox Counsel is building liaisons with renowned counselors. To ensure word-of-mouth organic growth, they are planning to deliver presentations to final year students across colleges in Mumbai. “Recognition from the government, to give access to my calculator to students who would need a loan, is another avenue we are going after,” says Vibhav.

Fox Counsel will also be starting a free information portal on a “guide to study” for the various competitive exams, such as GMAT, CFA, GRE, CPA and the likes, using professionals in their respective fields.

The founder, Vibhav Parikh, will also be available as a Fox Counselor- for entrepreneurs that are at the idea stage of a service or product. “This would ensure that new entrepreneurs have a sound financial and business model in place before they begin, so they understand the risk before taking the plunge,” concludes Vibhav.

Reference:https://yourstory.com/2016/08/fox-counsel/

How 10-year-old Syenergy Environics is slowly nullifying the effects of harmful radiation from gadgets

Our lives are ruled by smart devices. Every aspect of it, be it at home, office, or while socialising in restaurants or bars, is controlled by devices. While there are numerous studies that talk about the importance of soaking up the sun or exploring outdoors, did you know it was equally important that your building is healthy and free of radiation, especially given the number of mobile phones, laptops and other electronic devices present in a closed environment?

It was something 65-year-old Ajay Poddar discovered himself when he was told that the geopathic radiation was affecting the work at his gas manufacturing plant at Sikandrabad. Several experts suggested that it was wrongly built and would need major deconstruction and demolition.

L-R – Ajay Poddar, Manisha and Pranav Poddar

Diving into research

But being an engineer himself, Ajay wanted to dig deeper, as he also could not afford any of the drastic changes that were recommended. His research confirmed that most of the products and devices one uses today emit electromagnetic waves, which are harmful to the human body and the environment.

He then started looking at experimenting on non-destructive or non-intrusive ways of understanding and correcting radiations and energy flows. He established Syenergy Environics in February 2007 in Delhi to study electromagnetic radiation and its effect on the human body.

The team developed Envirochip, a CE-certified product that can be attached to a mobile phone. Operating at frequencies between 500 and 600 THz, Envirochip acts as a radiation protector for both the electronic devices and their users. The device works over the constant microwaves that are emitted from computers, mobile phones, and other devices and make it compatible with the human body.

Building the devices

Ajay explains that the chip takes care of any harmful non-thermal aspect of the radiation, thus preventing biological damage and weakening of the immune system without affecting the signal strength of the device it is fixed on. While for mobile phones it is priced betweeen Rs 250 and 825, most of Syenergy Environics’ products are targeting the business-to-business (B2B) segment.

While it was incorporated in 2007, Ajay began work for the company close to two decades ago. On how powerful Envirochip is, Ajay explains,

We have developed protocols to detect and correct various natural and environmental radiations, which are harmful without any reconstruction or relocation of people or services. It made sense to build something from natural materials, which can change the nature of the radiations and the energy flows to render them harmless to the human body and even the equipment they are placed on.

On-boarding the right people

With the idea in mind, Ajay knew had to next find well qualified people who were willing to quit their lucrative careers and join him on this endeavour. Manisha Matanhelia is a qualified architect and designer. She has studied traditional architecture of ancient India and has conducted extensive research on environment with bioelectromagnetic energies and their effects on human health.

Manisha too was trying to find someone to partner with in this field and after several discussions, the duo decided to work together. They were joined by Ajay’s son Pranav Poddar, who was working in the US.

The B2B market

The team currently is working on a B2B model and claims to be working with over 1,900 establishments like Mumbai new T2, Hyderabad International Airport, banks like YES Bank and other public sector units (PSUs).

Syenergy Environics deals with some sources of negative electro magnetic radiation (EMR), like geopathic radiation, negative radiations from mobile towers, severs, cellphones and computers.

K.Ravi, the chief manager of the estate of BPCL Refinery, Mahul Mumbai, who has used Environics says that in Mahul, post energy corrections the plant showed significant improvement and the steam factory performed for 84 days continuously with no shutdowns.

Environics looks at the building, analyses the different radiation segments and sectors, based on which it works along a certification and brings in its products to be attached to different devices.

Environics claims to have had a revenue of Rs 10 lakh in the year it started out. Today, it clocks a revenue of Rs 5 crore per annum. Currently bootstrapped, the team is looking for funding, especially for the B2C devices.

The effects of radiation

A study in the US showed that over 20 percent of the employees working in over 600 offices showed something called as Sick Building Syndrome, which was the cause of tension between staff, loss of concentration, stress, increased staff turnover and lower morale. Studies also suggest that the levels of electromagnetic radiations have increased by close to 100 times in the last 15 years.

The team aims to build more productive workplaces on a sustainability platform and expects to reach about Rs 50 crore by 2018. The plan is to align with other people who are also in the wellness space to make buildings healthy. Ajay adds that there are new products under development so that every kind of electro smog, electromagnetic and Wi-Fi radiations can be corrected without sacrificing or forsaking technology.

Reference : https://yourstory.com/2016/08/syenergy-environics/

The ‘monk’ who preaches mindfulness on a Harley Davidson

Answering a question on what constitutes meditation, a wise monk once said it is all about shutting the chattering monkey that your mind is and putting it to work to follow your breath. Just be aware of your breathing. Breathe in, breathe out.

Gopi Krishnaswamy on his Harley Davidson

And though mindfulness is often bundled together with meditation to mean one and the same thing, they are actually two sides of a coin. To understand mindfulness, you’d do well to ride a motorbike.

That’s what Gopi Krishnaswamy, life coach and mindfulness guide, recommends.

On the highway of life, you do not know what lurks around the corner, so you ride on with nothing more than a little prayer and a lot of faith, while at the same time taking in all the beauty around you.

“You have to learn to relax and be alert at the same time,” says Gopi, a passionate Harley Davidson rider. Elaborating on the motorbike metaphor and how it can help us understand mindfulness, Gopi says,

“In motorbiking, you need to have an empty cup. When your cup is full, you become cocky. You probably do something that is wrong. Similarly, in life, when your mind is full, you are not mindful.”

Mindfulness then is the awareness of the present moment. It’s like when you are driving, then just drive. “But the mind has become so dysfunctional that when you are driving, you are making an office presentation in your head, when you are cooking at home, you are having a meeting with your boss over the phone, when you are eating you are on Facebook or watching TV,” explains Gopi, adding, “We have become such multitasking monsters that people think this is the way to be without realising that this is a disease.”

Pay attention without the tension

Former MD at IDEO, an iconic international design company, Gopi is setting up a mindfulness retreat, Dhyaana, near Bengaluru, to coach business leaders and others on the practice of mindfulness in their daily life. He was earlier running his own agency, Insights, to understand shopping behaviour in India.

Business leaders and even startup founders are stressed about the bottomline and do not find the time or the inclination to practice techniques like mindfulness. But, as Gopi says, mindfulness may just help them put those millions in the bank.

Gopi with his mindfulness teacher.

“Creative solutions do not come under stress, they show up only when you are relaxed,” he says. Historically, the most famous creative solutions or ‘aha’ moments have come out of such a relaxed state. “Whether it was Archimedes, Newton, Einstein, Mozart, or Salvador Dali all of them came up with creative solutions only when in a relaxed state,” he says.

These are intense but not tense moments when you are able to pay attention without the tension, and when you are able to focus.

Look at the new-age tech companies like Google and Facebook today, mindfulness is integrated into their culture. “There is a huge element of play and relaxation in the way their work spaces are designed,” adds Gopi. It is not that they do not have deadlines or intense work hours, but the fact that they have relaxation corners and space for reflection proves that it must be effective or why else would they have them at all?

According to the World Health Organisation (WHO), 80 percent of the world population suffers from stress, and 90 percent of all ailments are the result of stress, whether it is diabetes, cholesterol or high BP. Gopi says,“In the name of efficiency, we buy stress.”

Gym of the future

Today, mindfulness is being used in drug rehabilitation, in the Army, the British Parliament teaches it to its MPs, and many more places. “Mindfulness is the next generation of exercise. It is the gym of the future,” predicts Gopi.

Gopi, who graduated from Central University of Pondicherry, has an interesting personal story. He joined the formal education system much later in life when he was all of 13 years old. The lack of formal education early in his life, perhaps, wired him differently. Gopi explains, “In school, when a teacher asks students to concentrate, she expects them to look at their books and not out of the window. If you are found doing that you get a whack on your head. The foundation of how we think is laid there. For me, the best results come when I am totally at rest, and I have picked up professions around that.”

Here’s an interesting analogy to help you think faster, better, and in a mindful way. Gopi says, “Thinking is like a torch light we are given. We keep it on during the day when we don’t need it. If you learn when to switch it on and off, it can be extremely powerful.”

A big fan of Jonathan Livingston Seagull by Richard Bach, Gopi has a tattoo of a seagull on his hand to remind him that there’s more to life than “fighting for fish heads.” But if it’s fish heads that one wants, then it will serve one well when done with mindfulness. As they say, keep calm and twist the throttle.

Reference:https://yourstory.com/2016/08/gopi-krishnaswamy-mindfulness/

A school of rock, river, mountain and soul: India’s first school to learn the ABCs of travel journalism and marketing

They say travel is the greatest teacher. So I say, it is only fair that it gets a school to teach in- and there are no prizes for guessing who has taken it upon himself to erect the classrooms.

At the myriad of travel conferences he graces, people often wonder why Ajay Jainunhesitatingly spills his hacks and B-plan ideas to milk the travel industry- a field that is the stuff of dreams to work in, but is a nightmare to monetise. It is because he is sure enough of his agility and proactiveness in applying all of these models to his own lab of travel himself, well before wanderlusting aspirants and potential competitors. And surely enough, after setting up a profitable travel blog- one of India’s first, with a reader base of over 90,000, a travel channel, sporadic tours with interested and interesting bunches of people, and a travel cafe which brews coffee and stories with the same ardour, the vagabond who lost his heart and gained his purpose at Kunzum, is back with yet another exciting venture- the Kunzum School of Travel.

AJ to Professor AJ

46 at last count, he went to St. Columbia’s School, Delhi College of Engineering (Mechanical Engineering), Fore School of Management and Cardiff University, UK, for a masters in journalism. After careers in IT and sports management, he dropped everything to go back to school to learn journalism and photography, and restarted as the lowliest of reporters in the Indian Express group when he was 32. “If I had not taken such steps, I might still have been selling computers somewhere and not doing creative things like travel, writing and photography.”

With a history of compulsively following his heart, he woke up one day to tell himself, “That’s it; I am done with the mundane.” He took on sports management and introduced sports like pool and bowling in India, while he continued writing for publications. “Soon, I figured I no longer wanted to write my editors’ stories. They were all bound by set templates and compulsions, and I was not going to be a conformist. So I went freelance, started bloggingwhen blogs got invented, and went on to be a new media journalist and publisher,” he says of his humble beginnings.

Lightning strikes thrice

Being amongst the earliest professional bloggers in India, initially on technology, and then travel, over the years, he saw hundreds of young people take to travel blogging and photography, with many more waiting in the wings. But he saw that many lacked the skill and tools to do a decent enough job at it. He also addressed a lot of travel industry forums, and realised there was also an immense lack of understanding of how digital marketing and PR worked. “For long, I have noticed that people would give their left arm to be able to travel, but you can’t just start travelling- you need a purpose, or money, or both. I would get calls all the time from industry acquaintances seeking advice. So I started conducting talks and workshops on these topics, and they were received very well,” he says.

And then came the ‘aha’ moment. “Based on the success of our earlier workshops, which were all consistently house-full, we figured that there was a market for such courses. And we jumped right in, and came up with the idea of the Kunzum School of Travel- to train people to be travel bloggers, photographers, videographers, storytellers, marketeers and more,” he explains.

At his pay-what-you-like Kunzum Travel Cafe – frequented by those struck by wanderlust as their favourite haunt in Delhi’s Hauz Khas Village, he translated to action his simple idea. Delhi also has the highest concentration of travel and media companies, so Ajay made the informed decision of staying put.

Kunzum School of Travel

He rolled out workshops and courses– modules ranging from one day crashcourses to three month in-depth dissections of the lofty industry; the cafe from which one has always walked out a changed person emotionally, will now also transform people intellectually. All of their courses are offline. “While it is trendy to go digital with webinars, video tutorials and online classes, I prefer face-to-face to establish a bond between attendees and mentors.”

The process of setting up this business, he says, is quite simple: fix a schedule, tie in mentors, advertise, take bookings and conduct the course. Their initial workshops have seen full houses- they had decided to take in 30 at a time, but have admitted more due to last minute pressure. Ranging in cost from Rs 3,000 a session to 15,000 for the ones spread out over a span of weeks, the subjects cover not only travel journalism, but also photography, PR, marketing, branding, technicalities of new media and a host of others. So far, he has concocted 12 such courses.

So far, 10 editions of the one-day workshops have been conducted, to nearly packed rooms, with 250 students taught in all. The longer courses are set to commence in October.

A sure-fire hit amongst their mind-boggling palette are their travel blogging workshops. Each one has been sold out to date. The challenge, however, according to Ajay, is that while people attend classes, they don’t always act on what they learn, even though they spent time and money, which essentially means that they don’t sign up for advanced courses. For example, after learning the basics of blogging, they do not sign up for the technical session that they would need to actually set up their blog. Ajay wishes to do away with the frivolity in their attitudes towards a topic this beautiful and so rife with potential.

Straight from the laboratory

While certain universities abroad do offer full-fledged courses in travel journalism, India is yet to have an academic offering this specialised. Besides, niche subjects like branding, PR, marketing and writing, just pertaining to documenting and selling travel, are covered sporadically as panel discussions.

Coming up is #IndiaisCalling, a marketing campaign to promote Indian tourism globally, which will also involve Ajay’s students getting their hands dirty. “It will show why Incredible India got it all wrong despite spending hundreds of crores,” Ajay signs off. 

Reference : https://yourstory.com/2016/08/kunzum-school-of-travel/

A family of doctors turned entrepreneurs to connect the dots in the healthcare industry

A family of doctors and pharmacists, the Khemka family always wanted to do something related to healthcare. And they got the required push and inspiration in the US.

“When we were in the US and had to visit doctors, we realised how streamlined the processes were: from searching for a doctor to booking an appointment, getting the medicine and tests, all of it was done online through connected systems,” says Shilpi Khemka, CEO and Co-founder of MedDNA.

They were moved to action, and they did, creating a similar ecosystem back home.

With an outlay of Rs 15 lakh, Shilpi, along with Abhishek Khemka and Ankit Vijayvargiya, launched MedDNA, a patient-focused independent medical platform, in January 2016. The amount was spent on platform building and human resources.

“The platform is built on four pillars — doctors, patients, pharmacies and laboratories. The patient is an essential part of the system, he/she initiates a request for an appointment, from then on, all pillars fall into place,” says Shilpi.

The process within

MedDNA is trying to connect its four pillars via mobile application and website. The first step involves appointment with the doctor. Upon patient’s visit, doctors provide prescriptions via MedDNA. This prescription is uploaded on cloud.

The platform will then send information to nearby pharmacies based on the patient’s preference. In case the doctor recommends tests, the request will be sent to the nearest lab. If everything goes as planned, MedDNA will launch these two solutions soon.

“Thus, MedDNA not only provides management of clinic, pharmacies and laboratories, but also connects these independent entities under one roof for the patient’s convenience,” says Shilpi.

A working business model

It is an SAAS-based product where doctors, pharmacies and labs need to subscribe to the platform. However, it is free for patients, except for the service of e-consulting.

“We launched our web application in the beginning of this year and since then we have more than 2,500 doctors listed from Pune and Mumbai, of which 200 are paid subscribers. We are expanding and signing up 10 doctors a day on an average. Apart from that, we are boosting our mobile platform as well, which is gaining traction,” says Shilpi.

With such level of functionality and services, the website claims to be competitive at pricing. MedDNA plans to reach out to Tier II and Tier III cities. Besides, it’s also planning home visit by doctors. We shall overcome…

Implementing a million-dollar idea is a challenge for anyone.

According to Shilpi, in the real world, it is hard to convince a person to change their way of working, especially doctors. They are busy people, who have to focus on diagnosing diseases and providing healthcare advice to patients rather than giving precious time to technology.

“But we are trying to help them find a balance between the two,” she explains, adding: “One way of doing this is a smart prescription pad. It replicates the paper prescription, with the difference being that doctors write on it with our proprietary pen and save the text on computer, which then sends it over to the respective pharmacy or laboratory.”

In pharmacies, MedDNA is aiming to change the model of business operations and how medicines are sold with its direct-prescription-to-pharma step. This way the patient need not visit the pharmacy.

Shilpi sums up her endeavor: “What we are doing at MedDNA is to build a system which can easily be used by anyone and we have targeted various platform devices for this. It will also help increase the revenue for all participating entities by reducing overhead costs.”

Flourishing market

According to a report released by India Brand Equity, the market size of the health sector in India was estimated to be $75 billion during 2012-13 and is projected to reach $280 billion by 2020.

Tencent-backed Practo is among the leading players in this space, having acquired multiple startups such as Fitho, Genii and Qikwell. Practo has also entered the online medicine ordering segment.

Accel-backed Portea and Tiger-backed Lybrate are other established players in this sector.In the past few years, the healthcare segment has witnessed the mushrooming of digital healthcare startups.

Besides patient-centric startups, some doctor-centric startups have also come up. Curofy and Buzz4Health, medical networking apps that power communication between doctors, are other solution providers in this area.

Reference : https://yourstory.com/2016/08/meddna/

The Man Who Brought Social Inclusiveness to a Forgotten Village in Uttarakhand

Priya Krishnan Das recently visited Kalap, a small gram panchayat located 200 km from Dehradun in the Tons river valley. She was amazed to see how a once-forgotten village has been magically transformed – all thanks to Anand Sankar and Kalap Trust.

It was around three years ago that I first stumbled upon the website of Kalap. The home page said, ‘Untouched Garhwal’, and I knew that I had to visit this place. That wish came true in June this year when I got an opportunity to be part of a trekking group for the Nomad’s trail led by Anand Sankar, the founder of the Kalap Trust – the man who brought social inclusiveness to the otherwise forgotten village and its people. For the uninitiated, Kalap is a small gram panchayat with a population of around 500 people, located 200 km from Dehradun in the Tons river valley. The nearest road is an 11 km trek away, in Netwar. It takes around five hours of trekking in winters and about eight hours in summers to reach Kalap from Netwar. Lack of connectivity meant that the village lacked electricity, education and basic medical facilities until 2013, when Anand Sankar decided to adopt it and change the lives of the people for the better.

Visiting Kalap is like stepping back in time – with traditional wooden houses, cattle and sheep in every household, and smoke curling up above the roof tops. I asked Anand how he chose Kalap, a village far away from Bengaluru where he then lived.

The former photo-journalist said that he had first visited the village in 2008. The untouched beauty of the place and the simple people struck a chord with him. He ended up making subsequent visits and eventually fell in love with everything there.

Anand

But the more he visited Kalap, the more he realized how socially isolated the village was. On one of his trips he met an old woman burning with high fever. He gave her a paracetamol and when the fever came down, she literally fell at his feet. He then got to know that no doctor had ever visited Kalap, realizing that the many things we take for granted in the cities, are hard to come by in Kalap. He arranged for visiting doctors and set up the first ever health camp in Kalap in 2014. It was disturbing to know that many villagers were diagnosed with tuberculosis during the health camp.

That’s when Anand decided to do something more long term to improve the lives of people there. He set up the Kalap Trust in September 2014. And a lot has changed for the good since then. A free clinic has been set up to deal with two chronic health issues affecting most people there– tuberculosis and nutritional disorders. The clinic’s focus is on the vulnerable population – children, pregnant women and the elderly.

Reference : http://www.thebetterindia.com/61108/kalap-trust-anand-sankar-garhwal-uttarakhand/

A Tiny Naga Village Has Been Spearheading Women’s Rights & Sustainable Farming for Almost a Decade

“Every great idea, accomplishment, product or service started out the same…as a seed that needed to be planted, nourished and loved.” – Debbie LaChusa

A small village in Nagaland’s Phek district, Chizami, has been scripting a quiet revolution in terms of socioeconomic reforms and environmental protection for almost a decade. A model village in the Naga society, Chizami is today visited by youth from Kohima and neighbouring villages for internships in the Chizami model of development. This model focusses on health issues, women’s rights, community programmes, food security, and environmental conservation.

What is unique in the Chizami model of development is that economically marginalised women have played an important role in bringing about this transformation that is rooted in traditional practices of Nagaland.

The Chizami village is perched in the upper reaches of the densely forested hills of Phek district in Eastern Nagaland. It has around 600 households with a population of 3,000 that is largely involved in Jhum cultivation, a slash-and-burn type of agriculture that is traditionally practised in the hilly terrains of north-east India.

Chizami’s village council comprises of six khels (the Naga word for clans within the same community) who have equal representation in the council. The council plays an important roles in the village governance. The village council prohibits hunting and trapping of birds and animals and imposes strict fines on those violating norms as proclaimed by a sign board at the entrance to the village.

The seeds of socioeconomic and environmental reform in Chizami were planted back in the late 1990s. In 1994, Monisha Behal, women’s rights activist and founder of North East Network (NEN), landed in Nagaland to improve women’s health standards in the state. Noticing the collective strength of women in the Naga society, Behal decide to use it to do something about the deplorable health and sanitation environment that prevailed in the state that time.

In 1996, Behal met Seno Tsuhah during a workshop on organization building, reproductive health, tackling alcoholism and community development in Pfutsero town. Seno was a representative of the Chizami Women’s Society (CWS) and worked as a teacher at the government primary school in Sumi, a village adjacent to Chizami. Their interaction developed into a partnership that developed into a partnership that set up the Nagaland chapter of the NEN.

At that time, Nagaland was coming out of conflict after six long decades. Behal and Seno knew that the main challenges ahead was to engage and empower the youth to bring about socioeconomic change. After initially focussing on improving health, sanitation and nutrition, they expanded their work to other areas as well.

NEN, working with CWS, started skill enhancement programmes such as bamboo craft, food processing, organic farming, rooftop water harvesting and low-cost sanitation. Discourses on governance, women empowerment human rights issues were also organised.

It took eight years for Seno to convince the village council to accept that women are entitled to equal pay as men in unskilled farm labour. In January 2014, in a landmark move, the village council passed the resolution for equal wages in agricultural labour and next year, another milestone was achieved with the induction of two women as members in the Enhulumi village council.

In Naga society, women work largely in the unorganized sector that includes farming, food processing, and weaving, a skill that is omnipresent in every Naga household. Though Naga shawls and the traditional mekhela(wraparound) enjoyed cult status in the apparel market, traditional weaving in the villages was languishing due to the lack of viability and entrepreneurship.

In 2008, NEN started Chizami Weaves, a decentralized livelihood project to create sustainable livelihood opportunities for the marginalized women in the district as well as preserve the unique textile tradition of Nagaland.

Starting with seven weavers, Chizami Weaves today has a strong network of more than 300 women in Chizami and 10 other villages in Phek district. Realising that it was time to look beyond shawls, the weavers have diversified into products such as stoles, cushion covers, belts, bags, mufflers, coaters, table mats and runners that are now shipped to emporiums in New Delhi, Kolkata, Bengaluru and Mumbai. The team has also got experts from Delhi and Mumbai to help them develop new products and also to infuse new colours into the products apart from the traditional Naga red, black and white.

‘Chizami Weaves’ also promotes textiles made by one of the oldest looms – the loin-loom or the back-strap loom – that is still traditionally used by the Chakhesang Nagas and other tribes of the North East India.

The portable loom gets its name from the strap pulled around the weavers’ back that holds the whole structure of the loom with the required tension and enables a sturdy weave pattern. Due to the nature of the loom, the width of a fabric is normally woven at one time and do not exceed more than 18-20 inches. Smaller strips are stitched together to make larger pieces of fabrics.

The project has also helped bring in new perceptions of gender justice to women. Not only do the weavers support their families through their weaving, they are also making their presence felt within their homes and in community’s public spaces by raising their voices on issues of health, livelihood, and environment.

NEN is also working to address another major concern of the villagers – food security. The fragile mountain ecosystem in Nagaland has been increasingly experiencing the wrath of climate change with irregular rains and rising temperatures. Traditional farming practices have also declined in Nagaland with the advent of the more lucrative cash crop mono-culture, which gives better economic returns.

NEN is now working to revive millet-based biodiverse agriculture in the villages of the district. An integral part of Naga culture, millets are highly climate-resilient and nutritious crops.

Among crops, millet is the only one that is edible even after 30 years of storage and can provide nutrition at the time of drought. Efforts to raise awareness have resulted in 150 farmers from eight villages coming forward to participate millet-based farming.

Interestingly, a group of female farmers are spearheading sustainable agricultural practices by managing traditional seed banks in Chizami. These women can recognize indigenous seeds from other hybrid or inferior varieties. Not only do they select and store the best seeds for future use, they also share their knowledge with other farmers who approach them for help.

Chizami has also revived Ethsunye, a five-day millet festival, as step towards bringing the focus back on millets. Several other steps to revive and enhance traditional agricultural practices have also been taken. Alder trees have been planted in jhum plots to enhance soil fertility. The jhum farms grow paddy in the first year, millets in the second year is for millet and rice beans, or Kholar in the third year. Mixed cropping of leguminous and leafy vegetables that are a part of traditional Naga cuisine, such as edible ferns (Riikiga, Thenipiiga and Thusiigakhu), curry leaves (Gasii), and leafy green (Tsiiga), have also been planted.

The efforts of the NEN-CWS partnership to bring about a positive change in society have been recognized by the central government. The Ministry of Women and Child Development awarded Seno with the Stree Shakti Puraskar in 2004, 2005 and 2006 for her “dedicated and selfless work in the field of women development and empowerment in the face of extreme difficulties and challenges”. However, Seno believes that it is more important for the farmers to receive some kind of state recognition for practising sustainable agriculture.

Today, Chizami is at the forefront of championing women’s rights, supporting sustainable livelihood and restoring traditional food systems and agricultural practices in Nagaland. The NEN resource centre in Chizami, built in 2005. is a beacon of development and change in the state. The village also celebrated Chizami Za (day) for the first time on 8 January 2015 under the aegis of the Chizami Village Council. The colourful fiesta had a theme which reflected the aspirations of the model village – “Recognizing history, celebrating the present, and inspiring the future”.

Reference:http://www.thebetterindia.com/64472/women-chizami-nagaland-village/

How this real-estate startup founder moved into fintech to help people invest better

Investments in India are rarely planned, unless you happen to be one of the uber wealthy. While there are several investment platforms today, few people are even aware of them, and fewer still make use of them. This is one of the reasons why 32-year-old Aditya Agarwal started Wealthy. It is an online investment service that makes it easy for everyone to invest like a pro.

Aditya the IIT Bombay alumnus says: We are in the business of making people ‘Wealthy’ by helping them take smart investment decisions with even as little as Rs 5,000. We have also made it super easy to invest and our unique paperless process has made investing an Amazon-like experience.

From real-estate to fintech

The idea of Wealthy came to Aditya while he was running his real-estate investment platform getSquareFeet. While he personally was a part of several angel investing groups, he realised that most of his friends were struggling to invest their monthly surplus; they didn’t know where to invest the money and it would end up lying idle in their bank accounts.

“The problem was prevalent across different age and income groups in my social circle. My parents were also reliant on my brother-in-law for advice on their savings and investments,” says Aditya.

Team @ Wealthy

Looking at this clear need, Aditya ended up discussing the problem with his friend of 13 years Prashant Gupta, who was working at Morgan Stanley. It was Prashant who suggested the idea of automating the investment advisory and continuous portfolio management, thus making it available to retail clients across India. He had seen this being used by banks across the world for their wealthy clients.

Nuances of setting up a fintech startup

Once they tested the feasibility of automating advisory, they began working on a paperless method of KYC and onboarding. This, Aditya says, helped them set up an internet-only financial services firm in a short period of time.

After locking-in on the core services that Wealthy was to offer, the next big task was to find the right team to build the product and company. Aditya says that old networks and startup-focused platforms like Angel.co were of great help in finding the right team.

As a financial services provider, they also needed to comply with several regulatory requirements that came in with onboarding customers. Aditya says:Here, Prashant and my prior experience in dealing with regulators and lawyers helped us sail through. Our angel investors were also of great help, especially in connecting us to the senior leadership of large mutual fund companies. Because of those connections, we were able to launch our paper-less and instant KYC process in less than four months.

The core team now comprises of Somit Srivastava, a former Ola employee, Mohit Srivastava, a former MIT Senseable City Labs Singapore employee, and Tarun Khera, a BITS Pilani alumni.

Product workings

“Wealthy works in a simple and efficient manner, beginning with asking the user about the amount of investment they want to make. Basis plans are customised and provided to the user, and if they agree on it, they proceed to open an account with us using their email or social logins,” says Aditya.

Post that, users have to provide their PAN number along with some very basic personal details. Once their KYC status is ascertained by the system, which happens almost real-time, they can proceed to make their investment online.

The entire process takes less than two to three minutes. Post the online payment, investment folios are opened typically in less than 48 hours. Details of the investment are then available on a dashboard. Users can also make withdrawals directly from their Wealthy dashboard.

The differentiators

With over $285 million already invested in fintech startups within this year, especially in the lending segment, different startups are beginning to focus on the investment management space.

There are other platforms that work towards helping individuals choose different investment options like Policy Bazaar, Prudential.com, and even ICICI Bank, which has ventured into goal-based investment with iWish. There is also Rajasthan-based Goalwise, which focuses on investments. Wealthy, Aditya says, focuses on continuous management of the investor's portfolio.

In the next offering, the code will maintain asset allocation for each investor at all-times and dynamically re-balance the portfolio as and when the market conditions affect the allocation.

Wealthy's investment plans include different kinds of mutual funds, which are also selected using a rule-based system to eliminate human-bias in selection.

He adds that their focus is on automation. Aditya explains – In order to build a business that can penetrate deep into India and stay focused on retail investors, we need to have our cost structure right from day one.

Funding, revenue and future plans

For every rupee of investment that the team manages for their clients, they get a fee from the product manufacturers. The revenue model is akin to SaaS (Software as a Service) businesses, where they earn a subscription-like fee as long as the client continues to use the product. The difference is that the manufacturer pays Wealthy that fee instead of the client.

The team went online mid-February and claims to have processed more than 500 orders since then. Wealthy has raised investment from angel investors like Zishaan Hayath, Abhishek Goya, Rohan and Arjun Malhotra of Investopad, and some senior bankers.

“We want to build Wealthy as a service that can help put our users onto a financial path that gives them confidence about their future. Our next offering is a step in that direction, where we would be able to help an average saver invest his money smartly without needing to pour over financial data,” says Aditya.

Reference : https://yourstory.com/2016/08/wealthy/

How Gurgaon-based Deyor Camp is helping landowners monetise their assets

Earlier, a trip anywhere would hinge on friends or family staying in that place, who would host you, and take you around to explore all the tourist trappings. But now, visiting offbeat destinations has become one of the latest trends in the tourism sector in India. The lack of information had previously posed a hindrance for people who wanted to embrace adventure travel. The scenario has however changed in the past few years with the evolution of online travel industry.

When four friends Dheeraj Jain, Chirag Gupta, Gautam Yadav and Aakaar Gandhi conducted a small pilot in a handful of sites in North India, they discovered that the adventure travel market is very fragmented and unorganised, despite a 200-percent year-on-year growth. They were inspired to launch Deyor Camp in April 2016 to enable travellers to discover various forms of alternative accommodation, verify details for each campsite, and help campsites to build trust with their potential customers.

(L-R) Gautam Yadav, Aakaar Gandhi, Chirag Gupta and Dheeraj Jain

The idea behind Deyor Camps is to make the process of discovering, verifying and booking a campsite a seamless process. It was created to address the needs of this ever-growing class of campers, trekkers and adventure enthusiasts,” says Chirag (23), a commerce graduate from University of Delhi. He successfully finalised four investments in the startup space in India, through Redcliffe and has been associated with NGOs like Naz Foundation, Friendicoes and Happy School Project.

Gurgoan-based Deyor Camp is a marketplace connecting campsites, lodges, cottages with customers interested in booking alternative accommodation. The startup is backed by Deyor Rooms, an aggregator of budget hotels founded by Chirag and Dheeraj in October 2015, and is valued at $50 million. Deyor Rooms and Deyor Camp are two separate entities.

Initial days

Recalling the early days, Chirag says that the operational challenges were similar to what other online travel agencies face when they enabled hotel bookings on their platform across all hotel categories – poor coordination between camp owners and managers, lack of a scientific inventory and pricing management mechanism and inadequate customer management.

Moreover, their experience in building Deyor Rooms (which is also in travel space) helped them deal with the initial hiccups with Deyor Camps. They have received a number of queries from land owners across the country through social media to help them set up campsites on their properties and thus help monetise their assets. Deyor Camp does not invest money in building campsites and follows a marketplace model.

The team first conducts a recce of the property before shortlisting locales. The team then builds content, in collaboration with the local activity provider of that destination.

Deyor Camp has set up over 100 campsites across more than 40 locations, including Ladakh, Dharamshala, Rajasthan, Lonavla and Munnar, and will push it up by 70 more by the end of this year. The company provides tents, Wi-Fi, food, transportation and other leisure activities at these campsites. The company says its cluster managers are always on the ground across cities to ensure quality of the location, food and basic amenities. Now, Deyor Camp is planning to explore in Northeast region. Currently, the startup has 15 employees.

Setting up campsites

Deyor Camp has achieved a revenue of Rs 45 lakh in the first quarter of operations, with a gross margin of Rs 6.5 lakh. It has sold to over 3,500 customers and it charges a percentage on every transaction. The startup has an order book of Rs 1.2 crore, gains a margin of 18 percent per transaction, and is expecting the figure to go up to 22 per cent by 2017. It plans to open 200 campsites that will charge Rs 1,000-4,000 per person per night.

Deyor Tent

There are between 500 and 600 campsites in India, while our research indicates that the adventure travel market size is approximately between Rs 800 and 1,000 crore, and is increasing by 200 percent year-on-year. We are already in talks with operators in Nepal to expand into the adventure travel market there and by mid-2017, we intend to start expanding into Southeast Asia,” says Chirag.

The startup is planning to automate the whole website, allow users to discover the campsites by location, accommodation options, verify campsites and book in real time and find amenities.

Opportunities in travel industry

The overseas travel industry is growing at 40 percent CAGR year-on-year. The leisure travel market in India as of today is about $80 billion annually, which is set to grow to $150 billion by 2024. According to a KPMG report, the travel and tourism sector contributed Rs 1,92,000 crore to India’s GDP in 2012, and is expected to reach Rs 6,81,800 crore by 2023.

Though biggies like MakeMytrip, Cleartrip and Yatra have witnessed phenomenal growth, a lot of trip-planning startups have also made their space in the travel industry. iXiGO trip planner equips user with all the possible information associated with a trip,TravelTriangle allows users to build personalised holidays at an affordable price, HolidayIQ helps users research and plan their trip, Traverik provides a 'social' angle, wherein people can share their itineraries and collaborate, Holidayen deals with planning trips once a user is at the destination, and Elan Adventures helps with planning adventurous trips across India.

Reference:https://yourstory.com/2016/08/deyor-camp/

How Getmyuni helps youth discover their dream college

When it has become the norm to whip out our phones to check online reviews for everything—be it for a new restaurant or the latest Bluetooth speakers, the process for college search and discovery is still done the traditional way. Youngsters whittle down their list of colleges to apply to from magazine rankings or from what their peers are saying. They spend hours on end doing research work, making the whole process tiresome and time-consuming.

Hardik Thakkar and Upneet Grover found themselves in this exact situation when they were looking to pursue their post-graduate degrees. Friends since their days in Infosys, the duo would always discuss ideas and were sure that they wanted to start a company together.

In June 2014, they finally decided that they needed to start something that worked as a social college search platform. They launched Getmyuni last February to help students choose the right college through exhaustive reviews and peer ratings, engaging forums and alumni connect.

Team @ Getmyuni

Bringing in the peer connect

While choosing colleges for their PG, both Hardik and Upneet struggled to get relevant information from peers and also to communicate with fellow students/alumni to understand the pros and cons of each college.

There was scattered information available on different forums and they mostly had to rely on personal connections to get peer information. Thus they wanted to primarily focus on the social connect aspect of Getmyuni.

The duo started Getmyuni after substantial groundwork. Hardik has moved on from the team, which now has Nirmanyu Arora, who has plenty of hands-on experience with creating products in the edutech domain, Manish Gupta, an MBA in Business Analytics, and Tushar Mehta, a BE from NSIT.

The initial challenges for the startup included the difficulty in sourcing user-generated content and getting students to write college reviews without having to spend money on it.

“As a result we created campus ambassador programmes, strong referrals and in product marketing programmes and were lucky to have a good word-of-mouth going around. We were surprised by the number of students who were willing to help aspirants and hence wrote long, unbiased reviews,” says 29-year-old Upneet.

Breaking the market

He adds that they came up with a new revenue stream where they were enabling brands and companies to reach out to students via competitions.

“We were making enough money to support the business till we finally got the funding of $50,000 from Tlabs. With that funding plus our revenues increasing month-on-month we’ve been able to scale to a million users per month on the platform, something we are incredibly proud of,” says Upneet.

Apart from classified platforms like eShiksha, HT Campus and the India Today review, there also is CollegeDekho, a platform that helps students connect with colleges. It had raised a seed funding of $2 million from Man Capital, and also raised funding from GinarSoft.CollegeDekho has over 22,000 colleges listed.

However, Upneet believes that the classifieds space is tradition and has been built purely to generate leads. There isn’t much peer information.

“We saw a huge opportunity in the user-generated content space in education, given that there were clear winners in other industries and they all had one thing in common – they had UGC at their core, for example, Zomato for food, Tripadvisor for travel and Glassdoor for jobs,” explains Upneet.

Numbers and future

Getmyuni claims to have over 11,000 colleges listed and over 40,000 student-written reviews on its platform. Since its inception the team claims to have over one million sessions, growing at 60 percent month-on-month.

Their revenue run rate is at Rs 10 lakh. The revenue model of the platform includes generating and selling high quality, verified student leads to colleges that are the right fit, and also ads and student enrollment.

The team is looking for its next round of funding. The aim is to fortify its position as the best college search destination and kickstart sales for domestic colleges.

Getmyuni is also looking to tap into the market for students wishing to study abroad.

“We aim to build the strongest college recommendation tool. We believe that currently a lot of students are being misguided by offline consultants to suit themselves, and if there is a fair portal, which bases a student’s background, marks and abilities, using advanced algorithms, to present them with the right set of college recommendations, that product will be a super success,” says Upneet.

Reference:https://yourstory.com/2016/08/getmyuni/