Posts in EIP
Ugro Capital reports Rs 20.3 crore net profit in March quarter

Mumbai, May 21 (PTI) SMEs-focused non-banking lender Ugro Capital on Thursday reported a Rs 20.3 crore net profit in the March quarter, as it completes the first full-year of operations, despite higher provisioning in the wake of COVID-19. Total income rose 28.4 per cent to Rs 37.1 crore in the reporting quarter from Rs 28.9 crore in Q3, the company said. According to its chairman and managing director Shachindra Nath, the good set of numbers is despite adopting a conservative approach to COVID-19 impact on loans and making Rs 3.3 crore specific provisions for this to ward off any asset quality crisis, and also to ensure that there are no negative surprises because over 80 per cent of customers have opted for loan moratorium.

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EIPCathy GuoComment
Faircent.com to facilitate loans in COVID-19 low impact Green Zones

NBFC-P2P lender, Faircent.com, has announced the launch of a new loan offering to help small businesses and individuals’ access credit in districts across India which have suffered low to nil impact of COVID-19 outbreak.The loan targets retailers, small business owners and salaried professionals facing short-term financial constraints caused by the lockdown in areas identified as the green zones – where there have been not more than 10 COVID-19 positive cases. These borrowers will be easily visible to the lenders on their dashboard through a green color-coded tagging #COVID-19 Low Impact Zone.SMEs-focused non-banking lender Ugro Capital reported a Rs 20.3 crore net profit in the March quarter, as it completes the first full-year of operations, despite higher provisioning in the wake of COVID-19

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EIPCathy GuoComment
Former Sesame creative director joins HOMER

Building up its exec team, kids app maker HOMER has hired former Sesame Workshop creative director J Milligan as its first VP of children’s creative. Milligan joined the New York-based company last month in the newly created role, and is responsible for guiding the production of new early learning content targeting kids two to eight. Prior to joining HOMER, Milligan was Sesame’s creative director where he was the lead designer, writer and director on interactive TV, voice recognition and VR projects for kids such as the Sesame Street Family Play app, and the Xbox video game Kinect Sesame Street TV. After an 18-year stint with Sesame Workshop, Milligan became the head of Swedish app developer’s Toca Boca’s TV unit. In that role he built up the company’s television studio and team for its subscription platform Toca TV, which created more than 200 pieces of original content before the division shuttered it in 2017.

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EIPCathy GuoComment
Adds Industry Veteran as President to Scale Commercial Operations for its Pioneering Voice AI Platform

Saykara, the leading AI Virtual Assistant for automating clinical documentation, announced the appointment of industry veteran Dr. Graham Hughes, MD as President. Dr Hughes has more than 25 years of experience in healthcare information technology, both building and implementing physician workflow solutions. Most recently, he was CEO of Sutherland Healthcare Solutions, a wholly owned subsidiary of Sutherland Global Services focusing on digitally transforming services-based platforms, analytics, and RPA. At Saykara, Hughes will oversee all commercial operations, combining his deep clinical expertise with a strong technical background and a core focus on operations, sales and corporate strategy …

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Degreed acquires talent platform Adepto

Degreed, the workforce upskilling platform for one-in-three Fortune 50 companies, has acquired Adepto, a Total Talent platform that provides visibility and access to the skill-sets of current, past, and potential workers. The combination will accelerate Degreed’s global expansion, and add enhanced skills inventories, on-the-job development experiences, and career mobility to the company’s learning experience platform.

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EIPCathy GuoComment
Cuebiq Provides Free Mobility and Store Visitation Insights to Businesses Navigating New Market Uncertainty

New York, (March 23, 2020) – In light of the current market volatility resulting from the COVID-19 pandemic, Cuebiq, a leader in offline location intelligence and consumer insights, today announced the release of its insights into mobility and store visitation patterns free of charge. These insights will help brands and agencies monitor their business performance, inform or modify their national and local strategies, and support the brick-and-mortar locations that are remaining open, as well as those that are converting to online transactions…

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COVID Promise Launches an Initiative to Restore the Economy

COVID Promise™, a nonprofit start-up focused on COVID-19 related economic resilience and recovery launched today. COVID Promise is a grassroots movement founded by business leaders and concerned consumers who want to spread hope and optimism as the economic fallout of the COVID-19 pandemic worsens. During the shutdown, consumers and businesses make pledges to take specific actions to reignite the economy when the pandemic is under control and our economy and society reopen. COVID Promise has partnered with GVNG, a revolutionary technology platform

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Saykara Launches Coversational AI Breakthrough

- New System is Capable of Real-Time Autonomous Interpretation of Physician-Patient Encounters

- At Launch, Saykara is the Only AI-Powered Healthcare Voice Assistant That can Simultaneously Operate Ambiently (No Voice Commands) and Autonomously Listen to and Capture Meaning From a Physician-Patient Conversation

- Processing 12,000 Physician-Patient Encounters Each Month Across 18 Healthcare Specialties, Saykara Continues to Outpace the Broader Healthcare Voice Assistant Market

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Saykara AI Voice Assistant Eases Transition to Virtual Healthcare

Saykara, creator of the first ambient AI voice assistant for medical exam room conversations, today announced it has added a telehealth on-ramp to make remote patient care easier than ever. AI-powered voice assistant 'Kara' can now assist physicians from within Zoom video conference calls, documenting telehealth visits and anticipating provider's needs to make the shift to virtual healthcare as smooth as possible. Kara is also now free for practitioners handling cases of COVID-19, in support of healthcare providers on the front lines of the coronavirus public health crisis.

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PRESS RELEASES Hootsuite Expands LinkedIn Integration to Help Businesses Maximize Impact

Vancouver, BC, Sept. 17, 2019 (GLOBE NEWSWIRE) -- Hootsuite, the leader in social media management, announced today a deeper collaboration with LinkedIn Marketing Solutions. The collaboration will provide customers with the ability to promote LinkedIn Pages content directly within the Hootsuite dashboard. The added capabilities will help customers save time, reach new audiences, gain quality leads, and ensure their return on ad spend is maximized.

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Cuebiq’s Data for Good Program Provides UNICEF with High-Precision Human Mobility Data for Real-Time Response to Humanitarian Needs

NEW YORK--(BUSINESS WIRE)--Cuebiq, a leader in offline location intelligence and consumer insights, today announced a partnership with United Nations International Children’s Fund (UNICEF). Through its Data for Good program, Cuebiq will share its location data with UNICEF to gain critical, life-saving insights in order to serve vulnerable populations and inform humanitarian and emergency responses around the world. Cuebiq’s data will be accessible through UNICEF’s open source platform, Magic Box...

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