Mahendra Kumar was just like any other unemployed youth in Uttar Pradesh – hoping against hope that some gainful employment comes his way. Living in one corner of Sonbhadra District in village Barve, he knew that chances of employment were indeed slim. Then he heard that the nearby Banwasi Seva Ashram was conducting a training session on repairing of hand pumps. Mahendra felt that this was the opportunity that he had been waiting for, contacted the Community Local Resource Person, who provided him the relevant details. He then went to Banwasi Seva Ashram, and underwent the three day intensive training on hand-pump repairing. Now that he was a trained mechanic, he came across another hurdle – he did not have the requisite tools for the job. He again contacted the CLRP who talked to the Gram Pradhan of Barve – Shri Ranjeet. The Gram Pradhan provided Rs. 10,000 as a revolving fund from the Panchayat budget to Mahendra, with the stipulation that he would need to repair the hand pumps within the village. Mahendra was delighted with this turn of events, bought his tools and immediately went to work and repaired the hand pumps in the village. Word of mouth soon spread, and Mahendra became a pump mechanic very much in demand. He now travels across the district, and has started earning money that he never thought was possible, being in his village. He returned the money back to the Gram Pradhan, and is now earning an amount of around Rs. 8,000 per month. Mahendra is eternally thankful to Banwasi Seva Ashram for that skill training that opened a door of opportunity for him to become the economic base of his family. Today Mahendra has him a path to live and looking at Mahendra’s example, over 10 other youth have become trained in trades like gas stove repairing, electrician, sewing machine repairer etc. Arun Jain | manju jain | Sudha Gopalakrishnan | Padmini SharathKumar | manju jain | Ram Pappu | Mission Samriddhi #MissionSamriddhi #RuralDevelopment #RuralEmployment
Intellect Design Arena Ltd
Software Development
Chennai, Tamil Nadu 342,624 followers
eMACH.ai - The World's Largest, Most Comprehensive Open Finance Platform
About us
Intellect Design Arena Ltd is the world’s largest cloud-native, future-ready, multi-product Enterprise FinTech Company for leading organisations - banks, insurance, wealth, credit unions, capital markets and corporates. Intellect offers a full spectrum of banking and insurance technology products through four lines of business: Global Consumer Banking, Global Transaction Banking, IntellectAI and Digital Technology for Commerce. Applying first principles thinking, we have elementalised the banking space to a finite number of Events, Microservices and Application Programming Interfaces (APIs) which significantly simplifies any adoption/ transformation initiative. Further supported by our twin technologies – iTurmeric for Composability and Purple Fabric for Enterprise Connected Intelligence (CI), our IP asset vault presents a formidable combination of enterprise grade robustness, agility, richness of functionality and ease of deployment. As the adoption of AI becomes all-pervasive, Intellect differentiates itself through a holistic, Design Thinking-led approach tailored to the Banking & Financial Services sector. At Intellect, we have always believed that we need to continuously reinvent ourselves to retain our competitive edge in the market. With R&D being one of the key differentiators that gives Intellect a market edge, we have nurtured over the years a diverse workforce of solution architects, technologists, banking and insurance domain experts and customer centric roles in our workforce of 5000+ associates helping us approach problems with Design Thinking and First Principles Thinking leading from the front. Intellect’s eMACH.ai is a groundbreaking and transformative technology platform designed using First Principles Thinking to significantly simplify technology in the banking and insurance sectors. Zip coded 329 Microservices, 535 events and over 1757 APIs is the most comprehensive Open Finance Vault for designing customer desirability-based solutions vs tra
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https://www.intellectdesign.com/
External link for Intellect Design Arena Ltd
- Industry
- Software Development
- Company size
- 5,001-10,000 employees
- Headquarters
- Chennai, Tamil Nadu
- Type
- Public Company
- Specialties
- Core Banking, Transaction Banking, Insurance, Consumer Banking, Digital Banking, Risk and Treasury, and Corporate Banking
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Intellect Design Arena Ltd reposted this
Unlocking Innovation and Excellence! We are delighted to announce that SASTRA UNIVERSITY and School of Design Thinking have signed an MoU for the Academia NxT Partner program. This partnership will work towards enhancing the mindset transformation of the Faculty and the Students through our proprietary framework 'Design The Thinking® '. This unique approach will help them enhance the focus towards innovation and enable them to align and achieve the higher purpose of the institution. Venkatraman Badrinath | Dr. Anbu Rathinavel | Ramaswamy Chandramouli | Ramakrishnan V | Pugazhenthi Sivagurunathan | Ramakrishnan R, Ph.D | Anand Babu Pushparaj (Ph.D) | Ramnath Prabhu | Hema Narayanan #DesignThinking #AcademiaNxT #SASTRA #Partnership #Innovation #Education #Transformation
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Intellect Design Arena Ltd reposted this
KPR Institute of Engineering and Technology is leading the way in innovation by partnering with the School of Design Thinking for the 'Academia NxT' Partner program! Together, we are committed to fostering a vibrant Design Thinking culture in the KPRIET campus. This collaboration will equip the Faculty of the institution with cutting-edge methodologies, connect students with industry experts, and support aspiring entrepreneurs with essential tools for their progress and success. Dr. Anbu Rathinavel | Dhandapani Saravanan | Dr. Suryakanth Jothiprakash | Anand Babu Pushparaj (Ph.D) | Hema Narayanan | Ramnath Prabhu #AcademiaNxT #DesignThinking #KPRIET #Partnership #Innovation #Education #Transformation
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We are delighted to share the launch of iGPX (Government Procurement eXchange), the first-ever purpose-driven and ecosystem-focused open API-based public procurement platform. Composed with eMACH.ai - the largest, most comprehensive and innovative open finance platform - and engineered by the ‘First Principles’ Thinking along with embedded GenAI from Intellect’s own Purple Fabric AI platform, iGPX promises enhanced efficiency, deep transparency, unparalleled inclusivity, vigilant compliance & global sustainability. With iGPX, we are fostering a new era of strategic agility and financial stewardship in public administration, a testament to our dedication of promoting economic resilience and equitable growth. Read more about the announcement here: https://lnkd.in/g-pxGJxX Arun Jain | Manish Maakan | Rajesh Saxena | Banesh Prabhu | Debanjan Kumar | Ramanan S V | Govind Saxena | Uppili Srinivasan | Debal Dutt | Vikas Misra | Kannan Ramasamy | Syed Quader | Ravi Pandit | Janine Ranski | Michael Whitehead | K Srinivasan (KS) | Sanjay Israni | Craig Millar | Shobhit Sharma | Lalit Motwani | Ravi Kumar C | Paramdeep Singh | Sairus Bapooji | Vishal Singh | Srinivas Erat | Himanshu S | Sunil Rajvanshi | Richard Kennette | Vivek Deshpande | Intellect Digital Technology for Commerce | iDTC | Intellect Global Consumer Banking | iGCB | Intellect Global Transaction Banking | iGTB | intellectAI #Intellect #eMACHAI #FirstPrinciplesThinking #iGPX #iDTC #GovernmentProcurment #OpenFinancePlatform #AI #PurpleFabric
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In the second episode of the "Leveraging Design The Thinking" series, Arun Jain, Chairman and Managing Director of Intellect, delves into the philosophy of perception, knowledge, and character and how it relates to our understanding of the world. He covers the concept of Darshan, which is the perception of the soul and how it affects our attitudes towards the world. Additionally, he touches upon the evolution of philosophy over time and its impact on our personal and professional lives. Listen to the Podcast episode by Arun - - https://lnkd.in/g8hCsVnY - https://lnkd.in/gnCpNmNJ #intellect #eMACHai #FirstPrinciplesThinking #podcast #designthinking #selflearning #growth
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Celebrating an incredible milestone! Intellect has recently been recognised as the Most Preferred Workplace 2024-25. This accolade reflects the collective efforts of our associates, who contribute their passion and dedication every day. Arun Jain | Banesh Prabhu | Manish Maakan | Debanjan Kumar | Ramanan S V | Rajesh Saxena | Vasudha Subramaniam | Uppili Srinivasan | Sudha Gopalakrishnan | Govind Saxena | Padmini SharathKumar | Krishna Rajaraman | Debal Dutt | Kannan Ramasamy | Dr. Vinay Raj Menon | Barkha Gupta | Shanthi Ranganathan | Sagnik Raha | Vijayakumar Rangaraju | Intellect Global Consumer Banking | iGCB | Intellect Global Transaction Banking | iGTB | intellectAI | Intellect Digital Technology for Commerce | iDTC #Intellect #eMACHai #FirstPrinciplesThinking #Award #PreferredWorkplace #Aspiration #Dedication #Organisation
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We’re celebrating a major milestone! Our achievement of the remarkable hat trick with three #1 global rankings in the IBS Sales League Table 2024 reflects our dedication to innovation and excellence in the fintech space. With top rankings in Retail Core Banking for the sixth consecutive year, Transaction Banking for the fifth consecutive year, and Lending for the third consecutive year, we have also secured #2 positions in 8 other financial technology categories and retained #3 ranking in “global leadership for geographic spread” for the fourth year in a row. Read here to learn how Intellect remains a trusted global partner for leading fintech services: https://lnkd.in/gU6N3qjk Arun Jain | Manish Maakan | Rajesh Saxena | Banesh Prabhu | Debanjan Kumar | Ramanan S V | Govind Saxena | Uppili Srinivasan | Debal Dutt | Kannan Ramasamy | Krishna Rajaraman | Syed Quader | Ravi Pandit | Janine Ranski | Michael Whitehead | K Srinivasan (KS) | Sanjay Israni | Craig Millar | Shobhit Sharma | Lalit Motwani | Ravi Kumar C | Paramdeep Singh | Sairus Bapooji | Vishal Singh | Srinivas Erat | Himanshu S | Sunil Rajvanshi | Richard Kennette | Vivek Deshpande | IBS Intelligence | Intellect Global Consumer Banking | iGCB | Intellect Global Transaction Banking | iGTB | intellectAI #Intellect #eMACHai #FirstPrinciplesThinking #Award #Banking #Fintech #GlobalRanking #API #Microservices
Intellect has achieved a hattrick in the IBS Sales League Table 2024, clinching the #1 ranking in Retail Core Banking for the sixth year.
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📢 Webinar Alert! With the right technology, Cooperative Banks can overcome obstacles, including limited access to modern financial services and regulatory constraints, to compete in the rapidly evolving digital banking landscape. Are you ready to revolutionise the operations of your bank? Join our webinar on Empowering Cooperative Banks Through Digital Transformation with Intellect Digital Core to learn more about our product tailored for Cooperative Banks in India. Our Intellect Digital Core for Cooperative Banks, composed of eMACH.ai, enables institutions to expand their operations and improve their financial health to attract new-age customers. Date: July 17, 2024 (Wednesday) Time: 3:00 PM to 3:45 PM IST. Register now: https://lnkd.in/g2F7Fv-k Ramanan S V | K V HARIHARASUBRAMANIAN | Himanshu S | Sajeev Kumar| Ramesh V | Rahul Reddy | Vikas Anand Vatul | Lilesh Barik | Lalit Kumar hashtag #Intellect #eMACHai #DigitalCore #CooperativeBank #FirstPrinciplesThinking
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Intellect Design Arena Ltd reposted this
Case study: Design Thinking Helps A US-Based Insurance Major to Look Beyond The Challenge: A major US insurer, the 3rd largest P&C insurer in the country, approached us with a complex set of needs: - Improve underwriting accuracy & portfolio efficiency. - Ensure the right coverage for the right customer. - Standardize operations & decision-making. Listening, Dialogue, Observation: Our approach was built on: Understanding: Deep dives through workshops, stakeholder dialogues, and process shadowing. Adaptability: Addressing cultural concerns around AI implementation. User-Centricity: Tailored pilots, training, and feedback loops for various personas. Design Thinking to the Rescue: Divergent Thinking: Collaborative workshops to map business impact and minimize disruption. Data-Driven Decisions: Pilot programs showcasing the power of AI. User-Friendly Design: Minimizing user input for Magic Submission and providing bite-sized data packages for Risk Analyst. https://lnkd.in/gq8YmqNS This case study highlights the power of Design Thinking in unstated needs and unlocking true potential. #DesignThinking #blindspots #Insurance #LORD
Design Thinking Helps A US-Based Insurance Major To Look Beyond - SODT
https://www.d-thinking.com
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Rajesh Saxena, CEO of Intellect Global Consumer Banking shares his outlook on the pioneering partnership with Vancity, Canada’s largest community credit union. This collaboration marks a pivotal moment setting a new benchmark in digital banking innovation and showcasing the power of strategic collaboration. You can read more about the partnership here: https://lnkd.in/dtSDtGgR Arun Jain | Manish Maakan | Rajesh Saxena | Banesh Prabhu | Debanjan Kumar | Ramanan S V | Govind Saxena | Uppili Srinivasan | Debal Dutt | Kannan Ramasamy | Wellington Holbrook | Wendy Murphy, ICD.D | Vancity | Syed Quader | Ravi Pandit | Janine Ranski | Michael Whitehead K Srinivasan (KS) | Sanjay Israni | Craig Millar | Shobhit Sharma | Lalit Motwani | Ravi Kumar C | Paramdeep Singh | Sairus Bapooji | Vishal Singh | Srinivas Erat | Himanshu S | Sunil Rajvanshi | Richard Kennette | Shiv Kakar | Intellect Global Consumer Banking | iGCB | Intellect Global Transaction Banking | iGTB #Intellect #FirstPrinciplesThinking #eMACHai #DealWin #DigitalExperience #BankingExperience #DigitalTransformation #Innovation