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Marg Erp launches Online Accounting Software ‘Marg Books’- A Software for New Generation with 21 years & 10 lakh customers experiences

NEW DELHI, April 22, 2021 /PRNewswire/ — ‘Innovation’ is the fuel that keeps the modern world running. There is no sector in the economy which can flourish if it doesn’t keep itself abreast on the latest developments. If it fails to do so it is only a matter of time till it is driven to the point of extinction by its competitors. Despite the concerns expressed by some regarding the development of AI, it will be embraced by everyone as it must. In a world which is inexorably marching toward automation it has become a matter of survival for small businesses to cut costs in every possible way. If they stand any chance in their competition against the corporate behemoths of the world it is only in their ability to evolve and adapt and embrace the ever-changing digital landscape.

This is where Marg Books resuscitates MSME’s gasping for air in a post-pandemic economy. Thakur Anup Singh, CMD of Marg Group, has averred that Corona will not be allowed to become an obstacle for businesses to prosper and Marg is willing to shoulder the responsibility in ensuring that this happens. The research team at Marg has been working tirelessly since the onslaught of the Covid-19 pandemic to create software which can be easily operated online and would simplify accounting, inventories, digital payments in addition to providing delivery services and calculating the tax returns owed by business.

What separated Marg from other competitors in the market is its unique ability to customize software according to the needs of the businesses, especially small business that are technically deficient. Features have been developed in Marg Books to help a wide range of businesses- retailers, pharmacists, restaurant owners, grocery stores etc. The revolution lies in the fact that it can be operated online and from any device (computer, laptop, tablet and mobiles) providing the option of work-from-home to its users.

The Covid-19 induced pandemic has unleashed catastrophic consequences on the global economy. According to estimates by the IMF, the global economy shrunk by 4.4% in 2020. Some economists have compared the recent recession with the Great Depression of the 1930s. India had been witnessing a slump in its growth rate pre-Covid but the pandemic had at one stage bitten off a-fourth of India’s GDP as the supply chain was hit leading to high inflationary pressures. The sectors that are hit the worst are tourism, aviation, hospitality and trade while other sectors would end up being collateral damage. The virus outbreaks has resulted in one of the worst economic downturns globally that are considered once-in-a-century-event. In an increasingly connected world the economic effects cannot remain isolated or be sequestered a cascading effects of an economic disaster are invariably felt in every part of the world notwithstanding the original location of the problem. 

Marg Books is an outlier as it has truly understood the pulse of the market and customized itself to serve the needs of its customers by discarding a standardized accounting format and tailored itself to the particularities of the business for which it will be used. It will bring down logistics costs, minimize if not altogether remove human error, plug monetary leakages that take place either due to corruption or inefficiency invariably reducing the infrastructure and time costs.

Its bank-to-bank payment system which connects customers with around 140 banks where payments can be accepted or sent without the hassle of logging into the bank portal provides luxuries its users which are other-worldly. With the use of Marg Books the process of bank reconciliation is reduced from being an excruciatingly painful and time-consuming process to a simple task.

Its customization features enables users to create descriptive categories according to their business profiles. For example, a garment retailer can add categories like size, colour, type and price while a pharmacist can have categories of batch no. and expiry date. Further it provides users with cloud-based access which removes the compulsion of having an office space and using only select devices.

Their penchant for continuous evolution is reflected in the products that they have launched over the years. MargPay will make its mark as the largest payment solution once bank-to-bank logistics clear the way for digital transactions. In a period of 5 months it has clocked over 1.8 lakh transactions worth Rs. 225 crores. ShipOnClick pushes the horizon further of the delivery system which has acquired greater significance in the light of the ongoing pandemic and will continue to gain ground. The online revolution is not without its victims. Small retailers in India have struggled to keep up with the range of discounts that their online counterparts provide and hence have lost their customers. Marg ERP’s PassKiDukan gives these retailers a fighting chance to revive themselves where it will act as an online platform for over 70,000 chemists. Marg PayBack is another inventive scheme wherein customers will be rewarded with cash-back offers and gifts for the consistency with which they use the platform. Finally, the most important weapon in their arsenal is Marg Mart which will act as the equivalent of powerful search engines for retailers and put their businesses on the online map. In addition to these products Marg has also launched eBusiness Mobile Apps which has been providing online ordering & payments services to over 25,000 distributors in conjunction with its e-Retail app which helps around 1.25 lakh retailers to do a business of around Rs. 2,500 crores.

Marg is at present providing its services to more than 10 lakh retailers and distributors. Its distributors help more than 60 lakh retailers who generate around 7 lakh crores bills amounting to Rs. 2000 crores. Marg has already succeeded in capturing a lion’s share of the market (around 45%). With the launch of Marg Books it has aimed at occupying atleast 30% of the market. The founders of Marg are confident of achieving this target as their 850 partners, thousands of employees and over a thousand members are relentless pursuing this goal.

Marg ERP with all its products is akin to a modern day Prometheus who spreads the light of technology from the grip of its corporate overlords to their retail counterparts. The ball is in the court of young entrepreneurs. It is up to them to adopt this fire and alleviate the suffering caused in a world of a ‘new normal’.

Website: https://margcompusoft.com/books/  

Video: https://www.youtube.com/watch?v=0JJqJtEU54I

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teamLab Phenomena Abu Dhabi opens its doors to the public in Saadiyat Cultural District

  • The innovative multi-sensory art experience redefines the boundaries of immersive art
  • Purpose-built 17,000 sqm venue features transformative artworks unique to Abu Dhabi
  • Opening music composed and performed by renowned Italian pianist Ludovico Einaudi
  • teamLab Phenomena Abu Dhabi takes guests on a sensory-rich journey that transcends the ordinary and ignites curiosity for all

ABU DHABI, UAE, April 18, 2025 /PRNewswire/ — teamLab Phenomena Abu Dhabi officially opened its transformative multi-sensory art experience within Saadiyat Cultural District, an enriching addition to Abu Dhabi’s dynamic cultural and artistic landscape.

To view the Multimedia News Release, please click:   https://www.multivu.com/teamlab_phenomena/9331451-en-gb-teamlab-phenomena-abu-dhabi-opens-saadiyat-cultural-district

On 17 April, the grand opening celebration welcomed distinguished guests and cultural leaders, featuring a specially composed performance by renowned Italian pianist and composer Ludovico Einaudi. Set against the venue’s unique architecture, the score was paired with a dramatic display of 6,000 synchronised drones and pyrotechnics, curated to celebrate the new milestone for Saadiyat Cultural District, and reflect the connection between art, technology and imagination.

H.E. Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi, said: “teamLab Phenomena Abu Dhabi is a groundbreaking cultural landmark that redefines immersive art experiences on a global scale. It embodies a bold vision that pushes the boundaries of creativity, technology, and human perception, offering visitors an experience unlike any other. Together with our partner, teamLab, we take great pride in bringing this pioneering concept to life, reinforcing our commitment to shaping world-class experiences that inspire, engage, and contribute to Abu Dhabi’s cultural legacy. Saadiyat Cultural District is a cultural landmark of global significance, bringing together the world’s greatest minds and institutions to foster dialogue, inspire creativity, and shape a more connected future.”

Following the opening ceremony, guests were immersed within newly unveiled teamLab Phenomena Abu Dhabi exhibits, meandering between its inspiring artistic installations, interacting with the dynamic artworks, and experiencing the connection between art, technology and natural phenomena.

Toshiyuki Inoko, Founder of teamLab, said: “The artworks in teamLab Phenomena do not exist independently but are created by the environment which produces the various phenomena that creates the artworks. Objects such as stones and man-made creations maintain a stable structure independently. A stone, for instance, will remain unchanged even if placed in a sealed box, isolated from the outside world. In contrast, a vortex in the ocean will vanish in an instant if removed from its environment. Unlike a stone, a vortex does not sustain itself; it evolves with the surrounding currents, formed by water flowing continuously from the outside to the inside and from the inside to the outside of the vortex, changing along with the flow. Moreover, the boundaries of its existence are ambiguous, and there is no material distinction between the vortex and its surroundings.

“The unique environment produces the phenomena, and the environment maintains the existence of the structure. Let us call that existence Environmental Phenomena. The artwork is inseparable from the environment and changes along with the environment. This concept transcends the various conventional notions of existence by physical forms. Even if people immerse themselves physically into the artwork, the artwork will remain intact, capable of naturally restoring itself even if disrupted. However, when the environment is not sustained, the artwork will disappear. The boundaries of the artwork are ambiguous and continuous with the environment. Perhaps, people’s consciousness will expand from the artwork itself to the environment beyond.”

Spanning 17,000 square metres, teamLab Phenomena Abu Dhabi has been developed by the internationally acclaimed art collective teamLab, in collaboration with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The multi-sensory art experience reflects the emirate’s unwavering commitment to fostering creativity and cultural innovation on a global scale, and it presents massive transformative artworks that each blend art, science and technology in groundbreaking ways.

teamLab Phenomena Abu Dhabi is designed to explore and transcend the limits of every guest’s imagination. Each artwork within the unique, purpose-built venue will evolve over time through the interplay of light, sound and movement. Unlike artworks at traditional galleries, visitors will discover exhibits that are fluid, existing in a dynamic relationship with their environment. Each artwork responds to guests’ actions and natural changes in the environment, creating a living, breathing art experience, unlike any other.

Comprising two distinct Wet and Dry areas, guests will be immersed in a series of mesmerising visuals, vibrant landscapes and interactive installations that dissolve the boundaries between art and audience. Every moment offers a new philosophical experience, ensuring that each visitor experience is unique.

In the Dry area, visitors will encounter a variety of artworks that encourage interaction, responding to their movements and actions to create a unique connection between guests and the installations. As they move into the Wet area, guests will follow a dedicated walkway leading them into an exciting realm filled with fluid, hands-on experiences that further deepen their connection with the art.

teamLab Phenomena Abu Dhabi is a key addition to Saadiyat Cultural District, which upon completion will be the largest concentration of world-leading cultural and educational institutions. The District is home to an unparalleled lineup of museums and cultural landmarks, including Louvre Abu Dhabi; the upcoming Zayed National Museum, the national museum of the UAE; Guggenheim Abu Dhabi, featuring a global collection of modern and contemporary art that reflects the diversity of cultures and trends from around the world; and Natural History Museum Abu Dhabi, telling the story of life on earth and the origins of our universe.

The addition of teamLab Phenomena reinforces Abu Dhabi’s position as a global cultural epicentre, offering visitors a unique and transformative experience while showcasing its commitment to creativity, innovation and cultural collaboration on a global scale.

For more information and to purchase tickets: www.teamlababudhabi.com 

Video – https://mma.prnewswire.com/media/2668416/teamLab_Phenomena.mp4

Photo – https://oyefilmy.com/wp-content/uploads/2025/04/teamlab-phenomena-abu-dhabi-opens-its-doors-to-the-public-in-saadiyat-cultural-district-1.jpg

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teamLab Phenomena Abu Dhabi Grand Opening Main Image - Credits: teamLab Phenomena Abu Dhabi

 

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Tyger Capital and Credgenics join hands to redefine collections management with innovative tech solutions

  • Leverage Machine Learning insights backed communications approach
  • Facilitate digital enablement of field team and offer integrated payments

NEW DELHI, April 18, 2025 /PRNewswire/ — Tyger Capital, India’s leading non-banking financial company (NBFC), has joined hands with Credgenics, the leading provider of SaaS-based collections and debt resolution technology solutions worldwide. This technology collaboration marks a significant stride towards reshaping the debt collections landscape, leveraging Credgenics’ comprehensive suite of solutions to streamline and optimize Tyger Capital’s loan collections management process.

At Tyger Capital, Credgenics’ AI powered SaaS based platform will help adopt a data-insights backed personalized approach for communications with borrowers across multiple digital channels including WhatsApp, SMS, and emails. With Credgenics CG Collect, the mobile app for field collection teams, the last mile operations will be digitized to unlock higher productivity and operational efficiency.

Commenting on the partnership, Rajaram Manian B, Chief Risk Officer of Tyger Capital, said, “We are excited to leverage Credgenics technology solutions in collections as we are committed to deliver unparalleled financial services powered by cutting-edge technologies and customer-centric approaches. This collaboration aligns with our mantra ‘Customer first’ and our focus on providing exceptional service to our customers while optimizing our operations through innovation and digital transformation.”

Credgenics technology platform will optimize field team operations, enable seamless collection transaction reconciliations, provide digitized customer visit management, and provide real-time tracking capabilities. Credgenics Billzy payments platform will facilitate borrowers to make digital loan payments swiftly, securely, and conveniently. Adoption of cutting-edge solutions from Credgenics promises higher response rates, accelerated debt resolutions, and reduced operational costs, positioning Tyger Capital at the forefront of customer service excellence.

Rishabh Goel, Co-Founder and CEO of Credgenics, said, “Our engagement with Tyger Capital is an extremely valuable addition to our customer base from the NBFC segment. We are confident that Credgenics’ comprehensive solutions will tremendously enhance the collection management process at Tyger Capital. With our focus on continual innovation, enhanced customer experience and strict adherence to regulatory compliance, we aim to deliver significant business value at Tyger Capital.”

The collaboration between Credgenics and Tyger Capital is set to drive a transformative shift in collection management and debt resolution by leveraging cutting-edge technologies. This strategic partnership will enable both companies to deliver enhanced value to their customers while driving sustainable growth and profitability.

About Credgenics

Credgenics is the leading provider of Loan Collections and Debt Resolution technology platforms to Banks, Non-banking finance companies, FinTechs, and ARCs worldwide. The AI-powered SaaS-based platform has been recognized as the #1 Best Selling Loan Collections Platform in India by IBS Intelligence in their Annual Sales League Table for three years consecutively. Credgenics caters to the end-to-end collection lifecycle for retail and SME / MSME debt and works with over 150 customers. It handled more than 98 million retail loan accounts worth over USD 250 Billion in FY24 for collections and has sent over 1.7 billion omni-channel communications. With Credgenics, lenders have increased resolution rates by 20%, improved collections by 25%, reduced collections costs by 40%, reduced collections time by 30%, and improved legal process efficiencies by 60%. https://www.credgenics.com/ 

About Tyger Capital

Tyger Capital Private Limited is a Non-Banking Financial Company (NBFC) headquartered in Mumbai, Maharashtra, India. Established in 2016, the company commenced lending operations in April 2017 with a mission to support entrepreneurship by providing financial solutions tailored for Micro, Small, and Medium Enterprises (MSMEs) and rural development. Tyger Capital is dedicated to be the most “economical” and “convenient” lender – Instant disbursement to underserved communities and small businesses. The company’s vision is to be a trusted financial partner that educates, guides, and supports customers, fostering active participation in the financial ecosystem. Tyger Capital has a robust presence with a network of 250 branches across nine states: Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Telangana, and Uttar Pradesh. This extensive reach enables the company to effectively serve a diverse clientele. Tyger Capital is committed to empowering entrepreneurs and fostering economic growth through its comprehensive financial solutions and customer-centric approach. https://tygercapital.in/

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Herbalife India Launches New Podcast Series – Live Your Best Life, Unscripted

The debut episode explores holistic wellness, mental resilience, and performance strategies with renowned sports scientist and high-performance coach Shayamal Vallabhjee.

BENGALURU, India, April 17, 2025 /PRNewswire/ — In a world where wellness conversations are often reduced to diet fads and fitness trends, Herbalife India, a premier health and wellness company, community and platform is bringing a refreshing change with the launch of its brand-new podcast series — ‘Live Your Best Life, Unscripted’.

Designed as an honest, inspiring, and insightful platform, the podcast brings together experts, athletes, and thought leaders to share their journeys, insights, and lessons on holistic well-being — not just physical fitness, but also mental resilience and emotional balance.

The series is hosted by Ajay Khanna, Managing Director of Herbalife India, who leads engaging conversations with personalities known for their contributions to health, wellness, and performance.

Kicking off the series is an insightful episode featuring Shayamal Vallabhjee — a celebrated sports scientist, high-performance coach, and author. With over two decades of experience working with elite athletes and teams worldwide, Shayamal offers a fresh perspective on what it really means to live a balanced life.

From his experiences growing up in South Africa to living as a monk, Shayamal shares how discipline, mental strength, and spirituality shape both performance and overall well-being. The conversation also explores the role of technology, the importance of gut health, mindful eating, and perhaps most importantly — self-compassion.

Speaking on the launch of the podcast, Ajay Khanna, Managing Director, Herbalife India, said:

“At Herbalife, we believe wellness is a lifelong journey—one that goes beyond counting calories or tracking fitness goals. Live Your Best Life, Unscripted is our way of fostering real, thought-provoking conversations that inspire people to embrace a more holistic approach to health. Through this podcast, we hope to empower listeners with insights from experts and changemakers, encouraging them to prioritize not just physical well-being, but also mental resilience and emotional balance.”

The podcast is available in both video and audio formats — making it easy for viewers to tune in from anywhere.

Watch the Full Episode on Herbalife’s YouTube Channel

https://youtu.be/4FejO3wdSRI

Prefer Audio? Listen to the Podcast here: Apple Podcast:

https://podcasts.apple.com/us/podcast/live-your-best-life-unscripted/id1808386057

Spotify Podcast: https://open.spotify.com/episode/5dn8QAS0Ods24TVLxyeYsS?si=oeD3ZkONQFqzzs4aeU1w6A

Amazon Music:

https://music.amazon.com/podcasts/a53233b6-84b5-43ce-a34a-5230c769168b/episodes/e153ee13-3174-456b-923a-98ed191c21c5/live-your-best-life-unscripted-the-science-of-wellness-with-shayamal-vallabhjee-live-your-best-life-unscripted

This is just the beginning. New episodes of Live Your Best Life, Unscripted will continue to feature inspiring voices from the world of sports, nutrition, and wellness.

Herbalife

(NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed food products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life.

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Logo: https://mma.prnewswire.com/media/2238437/5273750/Herbalife_Logo.jpg

 

 

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