4th CII Innovation Ecosystem Summit 2019

4th CII Innovation Ecosystem Summit 2019

“AI: For Humans, By Humans”

Monday, 9 December 2019, Alhambra, St. Regis, Lower Parel, Mumbai

PARTNERS’ PROFILE

Silver Partners

Technical Partners

Corporate Contributor


“AI: For Humans, By Humans” Monday, 9 December 2019, Alhambra, St. Regis, Lower Parel, Mumbai

Partners’ Profile

Bajaj Finserv Ltd

Silver Partner

Incepted in April 2007, Bajaj Finserv Ltd is the holding company for the financial services business of the Bajaj Group and is one of the fastest-growing financial services conglomerates in India. Bajaj Finserv primarily comprises of five flagship companies, with businesses spanning from lending to investments to insurance. While the lending and investment arm is a 100% subsidiary of Bajaj Finserv, the two insurance companies are joint ventures with Allianz SE, Germany. Bajaj Finserv is the majority partner in the JV and the two companies individually manage operations in general and life insurance spaces. Bajaj Finance Limited Bajaj Finance Limited is one of the fastest-growing non-banks in India, and is also among the 30 largest companies in India, by market cap. A Nifty 50 company, Bajaj Finance Ltd. has a highly diversified portfolio with more than 30 product lines across categories. The company is one of the largest players in the growing consumer finance segment in India and a pioneer in introducing interest-free EMI finance options in more than 50 categories, ranging from consumer durables to lifestyle products to groceries. Today, one out of every four flat-screen TVs in India is financed by Bajaj Finance Ltd. Apart from consumer finance, the company also has substantial business penetration in SME, commercial and rural lending. The company has the highest credit ratings from all rating agencies for its deposit schemes. Innovation, technology, and analytics are bedrocks of Bajaj Finance’s business model. The company, for the last 4 years, has been ranked by the Great Places to Work Institute (GPTW) as the second Best Financial Services Company to work for India. It is currently ranked the 16th Best Place to Work for, across industries. Bajaj Allianz General Insurance Company Bajaj Allianz General Insurance Company (BAGIC) is a composite insurer offering various types of general insurance, including motor, marine, health, and various forms of corporate insurance. A joint venture of two large conglomerates – Bajaj Finserv and Allianz SE – the company has over 200 years of combined parentage. BAGIC is the only General Insurance Company in India to make underwriting profits. BAGIC caters to individuals across demographics of the country and the corporate sector with its wide range of products as well as services that go beyond insurance. BAGIC has set the pace with its innovative product and service offerings to be the trendsetter in this ever-evolving market.



Partners’ Profile

By being the first insurance company to issue policies online, BAGIC ushered an era of digitization in the Indian insurance industry. Bajaj Allianz Life Insurance Company Bajaj Allianz Life Insurance Company (BALIC) is amongst India’s leading life insurance companies focussed on helping customers manage the risk of uncertainties, secure dreams, and protect the interest of loved ones by facilitating them to make adequate savings and protection decisions for the future through some of our best-in-class insurance products. The company is proactively transforming itself to provide better products, solutions, and services to ensure superior risk-adjusted returns and the fastest claim settlement. BALIC is an innovation leader in the industry and currently, the most profitable life insurance player. It has covered over 5.97 crore lives with almost 99.2% claim settlement ratio. It has received the highest rating for its claim paying ability by leading credit rating agencies. Bajaj Finserv Direct Limited As seen by market trends and customer needs, there is a visible shift of customers adopting products and services in the digital medium. Sensing opportunity, Bajaj Finserv launched an independent entity offering all Group Company products, to service the lifecycle needs of its customers under a single ‘Digital Marketplace’ – Bajaj Finserv Direct Limited (BFDL), with a set of guiding principles:

Create tailored propositions/products basis customer needs and behaviours in digital space across Lending, Insurance, and Investment landscape

Build on deep knowledge built over time through Group relationship

Operate as efficiently as if it were being run independently in each company

Builds the model of the future to compete with non-traditional competitors

Create a best in class Technology-Analytics driven company BFDL started operations in H1 2018. Bajaj Housing Finance Limited Bajaj Finance Limited has been in the mortgage business for the last 9 years and has a sizeable balance sheet and profitability in its mortgage business. Bajaj Housing Finance Limited (BHFL), a 100% subsidiary of Bajaj Finance Limited is carved out as an independent organization with its own management team, to expand its horizons in the mortgages business. At present BHFL offers Home Loans for Small Medium Enterprises (SMEs) and salaried customers and Loan against Property to SME customers. The company has branches in the top 42 cities of the country. The company enjoys the highest long-term credit rating of “AAA (Stable)” by CRISIL and “IND AAA (Stable)” by India Ratings and also the highest short-term credit rating of CRISIL “A1+ by CRISIL” and “IND A1+” by India Ratings.”



Partners’ Profile

Future Factory

Technical Partner

Future Factory is Asia's leading design & innovation firm, that helps imagine

breakthrough ideas, and deliver remarkable experiences. Over the last 22 years,

we have won global awards and helped our clients deliver positive impact by

design.

We craft unique and compelling user experiences and help deliver business value

through digital strategy and design. We work with the internet-of-things to address

an always-on, connected world. Our services include user experience, product

development, and connected devices. We not only work on specific solutions for

our clients, but also help build capability to become future-ready in the digital age.

Helping deliver the future, today.



Partners’ Profile

Myelin Foundry

Technical Partner

Myelin Foundry is a deep tech product start-up that transforms human experiences

and industry outcomes by building Artificial Intelligence algorithms on video, voice,

and sensor data for edge devices. The Myelin team has expertise in productising

deep learning frameworks including CNNs and GANs, with applications in Media &

Entertainment, Health & Wellness, and National Security.

Founded by Dr. Gopichand Katragadda and Co founded by Mr. Ganesh

Suryanaryanan and Ms. Aditi Olemann.



Partners’ Profile

Forbes Marshall

Corporate Contributor

Forbes Marshall is a leading manufacturer of steam engineering and control instrumentation

solutions. Our products and services help our customers save energy, improve process quality

and throughput, and run a clean and safe factory.

Our long and deep customer relationships, over 70 years, enable development of unique and

innovative products and services that solve real problems. Over 700 engineers located in five

continents take us to market through a technical direct-sales approach of daily contact with

customers from core and process industry. We value each of our industrial customers, from a

regional food-processor or garment factory, the world's leading manufacturers of consumer

products to the world's largest refineries.

We deliver from five benchmark manufacturing facilities in India including one in the UK. We have

also partnered with technology leaders and pioneers in Belgium, Germany and Japan. Our R&D

efforts have resulted in several award winning products that are appreciated by customers.

Our core values of Family Spirit, Integrity, Innovation & Entrepreneurship and Delivering Value

not only to our customers, but also to our members and society make Forbes Marshall a place

that puts people first: members, customers, suppliers, associates and the community.

We take great pride in our family of 1500+ members. We have also been ranked as one of the

best workplaces in Asia and the highest ranked true engineering company.

Since our founding, we have always believed in giving back to the community in which we operate.

Our diverse social initiatives support health, education and women’s empowerment. These

initiatives have resulted in long-term benefits to many families and communities. We support

several leading academic institutes in India and Sri Lanka by setting up research labs.

www.forbesmarshall.com

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4th CII Innovation Ecosystem Summit 2019