Digital Assignment - 1

Course: Lean Start-up Management MGT1022

Submitted By:
Shaivy Agrawal 19BCE0381
Parijat Niyogy 19BCE0696
Azim Premji
Profile & Products
Mohamed Premji, the father of Azim Premji, established Wipro in 1945 as Western India
Vegetable Products Ltd. as a producer of hydrogenated cooking fats. Premji's father was already
a well-known rice trader at the time.

After completing his education in Mumbai, Azim Premji was enrolled in Stanford University's
electrical engineering programme when his father passed away unexpectedly, forcing him to
return to India.
At age 21, in the middle of a shareholder uprising, he was then appointed chair of Wipro. In
1977, he changed the company's name to Wipro after expanding the product line to include
lighting, soaps, and hydraulic cylinders.
After IBM left the nation in 1980, Wipro entered the IT industry. Under a technology-sharing
arrangement with Sentinel Computers, based in the United States, the company initially
produced microcomputers. Later, in addition to its hardware activities, it offered software
solutions.
A number of endeavors by Wipro and Azim Premji were launched in the 1980s. In 1983, he
opened a facility to make hydraulic tipping systems, which was followed by the production of
hydraulic and industrial cylinders.
Wipro GE Medical Systems, a strategic joint venture between Wipro and General Electric (GE)
to produce and distribute imaging devices, was established in 1989. The following year, Wipro
acquired Wipro GE Medical Systems.

Following India’s economic deregulation in 1991, Wipro expanded its product line to include the
production of lamps, powders, oil-based natural components, medical and diagnostic tools, and
IT hardware including printers and scanners.
It also made a foray into the IT services industry in the 1990s and was among the first to test
outsourced IT services.

Wipro was the only computer maker in India to gain certification for Y2K compliance from the
National Software Testing Laboratory in the United States in 1999.
In order to offer Internet services in India, it also established a joint venture with KPN.
The following year, Wipro became the second-largest listed business in India and one of India's
top exporters of software after being listed in the United States via American Depositary
Receipts.

Wipro Consumer Care, Lighting, and Wipro Infrastructure Engineering are all part of Wipro
Enterprises. In the fields of personal care, home care, lighting and switches, and office furniture,
Wipro Consumer Care & Lighting is a market leader. In the areas of hydraulics, water treatment,
additive manufacturing, aerospace, and automation solutions, Wipro Infrastructure Engineering
is a diverse engineering company.
With revenues above Rs. 7700 Cr, Wipro Consumer Care and Lighting is one of the fastest
growing FMCG companies in its operational regions of Asia, the Middle East, and Africa.
Personal care items, skincare, men's grooming items, toiletries, wellness items, home goods,
electrical wire gadgets, domestic and commercial lighting, and modular office furniture are
among its product lines.

With the help of its acquisitions of Unza, Yardley, LD Waxsons, and Ma Er over the years, Wipro
Consumer Care has expanded its reach internationally. A variety of anti-germ, anti-bacterial, and
anti-virus products in handwash, soaps, liquid detergents, and surface and floor cleaners are
included in its portfolio. Markets in Asia, Africa, and India carry these goods. Santoor (a toilet
soap brand with extensions in personal care), Chandrika (an ayurvedic toilet soap brand), Giffy
(a dishwashing and vegetable wash brand), Safi (a Halal toiletry brand), Aiken (an antibacterial
brand), Romano (a male toiletry brand), and Bio Essence are among the key brands of Wipro
Consumer Care (a Skincare brand), Yardley (a luxury toiletry brand), Carrie (a Kids and baby
toiletry brand), Pahnli (a household care brand) and Garnet (a LED lighting brand). In May 2019,
Wipro Consumer Care & Lighting announced the acquisition of Splash Corporation in
Philippines, expanding its presence in South East Asia. Key brands of Splash are Hygienix,
SkinWhite, MaxiPeel and Vitress. In December 2019, Wipro Consumer Care acquired Canway
Corporation a South African personal care Company. Canway’s popular brands include, Oh So
Heavenly, Iwori and IQ.

The hydraulics division of Wipro Infrastructure Engineering (WIN) has been in operation for
over 40 years. It ranks among the biggest independent producers of hydraulic cylinders
worldwide. More than a million cylinders are shipped to Original Equipment Manufacturers
(OEMs) all around the world. For applications in the many industries of construction and
earthmoving, material and cargo handling, forestry, farm and agriculture, mining, and truck
tipping, WIN specializes in developing and producing custom-built hydraulic cylinders.

Azim Premji Foundation

The Foundation's mission is to work toward a society that is more fair, humane, just, and
sustainable. Its efforts are directed at India.

In 2001, Azim Premji started his organised humanitarian endeavours. By irrevocably donating
and setting up an endowment valued (as of January 2022) at roughly USD 38 billion (Rs 287,000
crores), he has donated a sizeable portion of his personal wealth over the past few years,
including the economic ownership of about 74 percent of Wipro's shareholding, for philanthropic
purposes. This money will be used to support the projects listed below. The Foundation still
owns 66 percent of Wipro Ltd.'s economic shares.

The Foundation's mission includes not only education but also other crucial facets of equity and
human welfare. The Foundation runs its own operations in education; in the other sectors,

● With an emphasis on the most underprivileged regions of India, the Foundation aims to
improve the public school system there. In the past, classes 1 through 8 were the centre of
the work; today, grades K–12 are included.
● This effort is being done by the Foundation in its capacity as a "operational organisation"
that has amassed extensive knowledge about school education through time.
● It began in 2001 and has been rapidly growing since 2011; in the last five years, the
population has increased from 150 to 1500. This group of educators and specialists
resides and works in some of India's most underdeveloped regions. Within the following
four to five years, the team is anticipated to expand to 2500–3000 members.
● Work is now being done in 7 states with more than 350,000 schools. The Foundation also
collaborates closely with the public education systems of many other states, including the
SCERT, DIET, Examination Boards, and seven additional states in the country's
northeast. The Foundation works closely with each of these state legislatures.
● The project covers every facet of schooling, including curriculum development, textbook
development, assessment reform, and education policy. It also includes the capacity
building of teachers, head teachers, and other officials. The Foundation works directly
with a small number of hundred thousand teachers and schools each year, but its overall
activities and support encompass entire state systems.
● Beginning in 2014, the Foundation will give grants over a number of years to non-profit
organisations (NPOs) that benefit the most disadvantaged members of our society.
● People who are severely underprivileged and marginalised are given instant treatment,
access to necessary services, and the chance for a respectable future thanks to this
support.
● Urban homeless people, people with disabilities, women who have experienced violence,
at-risk adolescent girls, street children, elderly people in poverty, manual scavengers, rag
pickers, migrant workers, transgender people, farmers with small holdings, especially
vulnerable tribal groups, and water-scarce communities are some of these vulnerable
groups.
● To address some of these challenges more systemically, engagement with state
governments and groups of NPOs is also required. These partnerships include:
○ An attempt is being made in Odisha to enhance pregnant women's and young
children's nutrition and hygiene in order to lower the state's child stunting rate.
 ○ improving the living conditions of small and marginal farmers in Andhra Pradesh
through sustainable farming methods.
○ Untried prisoners in Maharashtra can now more easily get legal aid because to a
new scheme.
○ a multi-state initiative to support panchayati raj and local institutions.
○ An effort is being made in Andhra Pradesh to guarantee last-mile delivery of
welfare services throughout the state's tribal districts.
○ a programme to find lost, runaway, or trafficking children that covers all of the
country's main railway intersections.
○ establishing facilities in district hospitals in Tamil Nadu to find, care for, and
rehabilitate homeless people with mental illnesses.
● On April 1, 2020, Azim Premji Foundation and Wipro committed Rs 1,125 crore to
contribute towards a nation-wide response to the challenges posed by COVID-19. In June
2021, the Foundation made an additional commitment of Rs 1,000 crore to help India’s
vaccination program.

https://www.forbes.com/profile/azim-premji/?sh=67cb6b387924

https://azimpremjiuniversity.edu.in/azim-premji-foundation

https://www.investopedia.com/articles/professionals/043015/azim-premji-net-worth-story-behind
-his-success.asp

http://publications.azimpremjifoundation.org/2578/1/26_Shikshamitra_An%20Experimental%20
School%20and%20Resource%20Centre_Sudeshna_Sinha.pdf
Uday Kotak

Profile & Products

Ramesh Kotak and his wife, who were from an upper-middle-class Gujarati Lohana joint family
in Mumbai and worked in the cotton trade industry, welcomed Uday Kotak on March 15, 1959.
After Partition, his father had traveled back to India from Karachi.

In a big house in Babulnath, Uday was reared in a combined family home that housed 60 people.
His extended family originally engaged in the trading of cotton and other agricultural
commodities.

Kotak was planning to work for Hindustan Unilever, a branch of the global consumer goods
company in India, after obtaining his MBA (FMCG Company).

Uday joined his family business after deciding to try his hand at business, where he would have
to interact with family members. Uday has always had a passion for money. He had lost interest
in carrying it out.

While doing his MBA, Kotak decided to start out on his own, in the early 1980s, on his father’s
insistence, Kotak started his own small financial agency at Navsari building premise from a 300
sq. ft. office space that his father offered him and said: “Son, you do what you want.”

Uday obtained a small loan from family and friends to launch his finance and bill discounting
firm. His closest friend, Anand Mahindra, is responsible for the majority of the investment. So
the financial institution was given the name Kotak Mahindra.
Uday offered low-interest financial help to commercial enterprises like Tata subsidiary Nelco.
Compared to banks, he charged business organisations modest interest rates.
Uday made the decision to start something significant after experiencing great success. At the
age of 23, Uday founded the financial consulting firm Kotak Capital Management Finance Ltd.,
which eventually changed its name to Kotak Mahindra Finance Ltd.

The Kotak Mahindra Group provides a vast array of financial services that span all aspects of
life. The Group provides for the many financial needs of people and businesses, including
commercial banking, stock broking, mutual funds, life and general insurance, and investment
banking. The foundation of the business strategy of Kotak Mahindra Group is the concentration
of financial services in India. With a variety of products and services created to meet the
requirements of the unbanked and underbanked, the ambitious vision that underlines the Group's
growth is inclusive.
The Kotak Mahindra Group includes offices in London, New York, California, Abu Dhabi,
Mauritius, and Singapore in addition to its subsidiaries in the United Kingdom, United States,
Gulf Region, Singapore, and Mauritius. as of December 31, 2019.

Customers of Kotak Mahindra Bank have access to a wide range of savings account options to
meet their unique needs. The alternatives are unlimited, ranging from premium savings accounts
to standard or basic accounts, from online savings accounts to offline savings accounts, from
accounts for youngsters to accounts for senior folks.

Additionally, Kotak Mahindra Bank offers a greater rate of interest on savings accounts than
most of its competitors (up to 3.50 percent at the moment). Let's have a look at the many Kotak
Savings Account varieties they provide and what they guarantee. The account facts below
include eligibility information for the majority of Kotak Mahindra Bank savings accounts, which
is identical across the board.

Kotak Mahindra Bank offers home loans starting @ 7.50% p.a. for tenures of up to 30 years and
for loan amounts of up to 90% of the property’s value. Existing house loan borrowers of other
lenders can also take advantage of Kotak Mahindra Bank Home Loan's balance transfer facility
at cheaper interest rates. On online home loan applications, Kotak Mahindra Bank also waives
the processing charge.

Kotak Mahindra Bank offers personal loans up to Rs 25 lakh at rates starting at 10.99 percent
annual percentage rate for terms up to 5 years. For borrowers who are salaried, it offers rapid
loan disbursal, part-prepayment capability, and simpler documentation. In India's top commercial
and major cities, Kotak Mahindra Bank additionally provides an immediate personal loan option.
Learn more about Kotak Personal Loan by reading on.

From basic to premium credit card categories, Kotak Mahindra Bank offers a variety of credit
card options. These Kotak credit cards satisfy a variety of personal needs, including those for
rewards, cashback, discounts, travel advantages, movie advantages, and more. Here, we've
compiled a list of some of Kotak Mahindra Bank's most well-liked credit cards, along with
ratings and in-depth reviews, to assist you in making the best decision.
Kotak Education Foundation

Rarely do students from disadvantaged areas pursue a college education. Lack of the necessary
English language abilities, which causes low confidence levels, is one of the main reasons for not
finishing education. Students from KEF partner schools in these villages are encouraged to finish
their secondary education through the Umang programme, which helps them gain the confidence
to speak English. Umang uses a multifaceted strategy to help its pupils become proficient in the
English language and more self-assured.

This approach includes:

● In-Class sessions for Basic Interpersonal Communication Skills (BICS)
● Out-of-Class activities to practice English in real-life situations
● Blended Learning to boost technology usage and digital literacy
● Collaborations and Exposure visits to build aspirational values
● Buddy Mentorship to foster peer-learning
● Extended Learning activities to take learning beyond the classroom
● Events to showcase acquired English language skills
● A project-based learning method that has copious benefits for students, ranging from
project management to self-confidence.
● International online exchange programs to facilitate opportunities beyond the classroom

Kishori Sehat Abhiyan

It aims to reduce anaemia in teenage girls and raise students' awareness of menstrual health,
cleanliness, nutrition, and adolescent changes. Students are also made aware of issues including
making decisions, choosing career goals, and the appropriate marriage age.

CSR Initiatives
In order to build the infrastructure for education there, they started community engagement
programmes in three villages of the Nasik district in FY 2013–14.
More than 80% of the people living in the three villages of Dixi, Shivare, and Kothure depend on
agriculture and related businesses for their livelihood.
Nearly 40% of these villages are subsistence farmers and farm labourers from economically and
socially disadvantaged groups.
All of these villages' primary schools lacked necessary furnishings, such as student benches.
They constructed compound walls and provided benches for the schools in these villages as part
of the Republic Day celebrations.
Additionally, 425 pupils received school packages that included stationary and notebooks.

https://www.kotaksecurities.com/ksweb/About-Us/Why-Choose-Us/About-Kotak-Group
https://www.paisabazaar.com/kotak-mahindra-bank/

https://www.businesstoday.in/mindrush-2022/story/bt-mindrush-how-veteran-banker-uday-kotak
-built-a-financial-powerhouse-338884-2022-06-23

https://www.kotak.com/en/about-us/corporate-responsibility/our-initiatives/kotak-education-foun
dation-school-programmes.html

https://www.kotak.com/en/about-us/corporate-responsibility/our-initiatives/csr-initiatives-support
ing-education-in-rural-schools.html