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Atato announces a $6 Million Series A Raise Led by AlphaLab Capital and FEBE Ventures, for its Multi-Party Computation institutional grade custody for any blockchain or token

The round includes investors such as Tom Trowbridge, NGC Metaverse Ventures, January Capital, SOSV and other venture funds and angels, endorsing Atato’s custodial product for crypto infrastructure.

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Singapore/New Delhi, 27 July 2022: Atato, a licensed digital asset custodian offering MPC custodial solution aimed at corporates and institutions, announced the close of their successful Series A round today, affirming bullish sentiment for infrastructure projects in blockchain-related markets.

“In bearish markets, crypto adoption scales through infrastructure development.”

Led by AlphaLab Capital and FEBE Ventures, Atato’s Series A round included top tier investors such as Tom Trowbridge, NGC Ventures, January Capital, Babel Finance and Atato’s seed investor SOSV.

“The fact that we’ve inspired investor confidence in the current market conditions is a clear endorsement of Atato’s long-term roadmap and vision,” said Guillaume Le Saint, Atato Founder & CEO. “Atato’s MPC institutional grade custodial product provides institutions and entities with an extremely cost-efficient solution with enterprise-grade security and regulatory compliance that supports digital assets as well as interact with Web3.0 and DeFi. Our product offerings are well-placed to deliver value to an underserved market segment that desires to explore decentralized finance using Atato’s special custodial solution.”

Atato’s fully regulated custodial solution goes beyond enabling institutions to securely manage their digital assets by combining enterprise-grade security with MPC technology and customizable roles and transaction policies. This reduces the traditional risk of private seed phrase/key management and addresses the risks of human failure or misconduct.

“We’re impressed by Atato’s user friendly onboarding and UI which also gives power users API access – a unique feature in the market” said Michal Krasnodebski, COO of AlphaLab Capital,  “Bring Your Own Chain will also be transformative for institutional customers eager to engage with, and support new chains and projects.”

Atato’s regulatory advantage and unique service offerings for an MPC custodial solution is a major game-changer for securing and performing transactions for digital assets. With more corporates looking to expand their services into crypto – yet are hesitant due to lack of infrastructure available, Atato’s timely emergence truly fulfills a pressing market need with a solution that simplifies the management and security of their digital assets.

As the first custodian worldwide to offer services like Bring Your Own Chain / Bring Your Own Token capabilities, Atato’s strategic investors are already involved in developmental trials by inviting their clients to integrate their projects with Atato. This is also bolstered by Atato’s attractive fee model, which is a flat fee based on the number of wallets, instead of the usual AUM (Assets Under Management) and transactional percentage fees.

“We believe that the market has matured to a certain level as such that Atato’s services are not only desired but required in the current market. As a blockchain security provider – we recognize the need for users to add their own tokens or chains to their wallet regardless of volume or adoption – clients involved in our beta were able to add any token in 1 click – something that was impossible previously,” said Maxime Paul, Co-founder of Atato.

“In bearish markets, crypto adoption scales through infrastructure development,” said Maxime. “We see well-funded projects with strong fundamentals continuing to build through this period – Atato will continue to support their development with our resources and technology.”

Speaking on the occasion, Olivier Raussin from FEBE Ventures, said,“With almost a decade of blockchain experience, Atato’s founders have been consistent and have a clear, deliverable roadmap that inspires confidence. We are happy to support Atato’s growth in their early stage.”

Atato’s Series A funds raised are committed to further expand Atato’s product offerings and fast-track completion of existing beta-development products. This includes retail development, user growth, geographic expansion, and talent acquisition. Atato’s headcount has nearly tripled in 3 years of development.

The full group of investors includes: AlphaLab Capital, FEBE Ventures, Babel Finance, NGC Metaverse Ventures, NFT1, Huashan Capital, Tom Trowbridge, Wing Vasiksiri, January Capital, as well as SOSV, and prominent angel investors such as Dan Bertoli and others in the gaming and financial services industry.

About Atato

Atato is a cryptocurrency custody and wallets provider. Our apps let individuals and businesses securely store, transact, and manage digital assets, as well as access DeFi, NFTs, and all decentralized applications. Our mission is to enable the next 100 million blockchain users. Based in Singapore, founded in 2018, atato has delivered several flagship blockchain projects in South-East Asia.

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Delhi Convention Centre: Why is The Zora Convention Centre built at Delhi’s Lodhi Road special?

It serves as an exquisite venue for weddings, festivals, corporate gatherings, and a variety of other events.

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The Zora, Delhi Convention Center, located near Jawaharlal Nehru Stadium in Delhi, was inaugurated in August 2024. This convention center is specifically designed to cater to global event needs.

Spanning over 2 lakh square feet, The Zora features impressive architectural elements, including 38-foot high ceilings and two pre-designed halls, crafted by the esteemed designer Walid Baz, founder of Baz Events. It serves as an exquisite venue for weddings, festivals, corporate gatherings, and a variety of other events.

In an exclusive interview with APN News, Jyoti Kalash, Chief Administrative Officer (CAO) and retired IAS officer stated, “The design of this event center is striking. Upon entering the main hall, guests will feel transported to another realm, as there is a glass floor beneath them that can easily support over 1,000 people.”

“The Zora stands out due to its nature-inspired design and outstanding craftsmanship, which was accomplished in just 80 days by an international team, establishing a new benchmark for luxury in India,” the former IAS officer emphasised.

Dhananjay Kumar, CEO of The Zora – Delhi Convention Center, also spoke with APN News, stating, “We are offering not just a venue, but a destination for unique, unforgettable experiences. This luxurious and stunning space was completed within an impressive timeframe of only 80 days.”

Know what is special in ‘The Zora’

  • Prime location on Lodhi Road, convenient location for all.
  • Parking facility for more than 2000 vehicles.
  • Designed by award-winning architectural designer Walid Baz, bringing world-class expertise to Delhi.
  • Completed within a time period of just 80 days.
  • Spread over 2 lakh sq ft with two pre-designed halls and spacious customisable areas.
  • The Zora’s design is inspired by nature, offering guests an ambiance of beauty and tranquility.
  • 750 tonnes of iron has been used for strength.
  • 700 intelligent lights have been used with over 20 modes to match the mood of the ceremony.
  • Another large dining area is separate from the Grand Ballroom.
  • The interiors look beautiful and are adorned with intricate handmade designs.

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IIMM Delhi claims 100% placement for PG Diploma in ADPR for 3 consecutive years

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The International Institute of Mass Communication (IIMM) Delhi continues to solidify its reputation as a premier institution for media and communication studies by achieving 100% placement for its Post Graduate Diploma in Advertising and Public Relations (PGD ADPR) course for the third consecutive year. This remarkable achievement underscores the institution’s commitment to academic excellence and its pivotal role in shaping future leaders of the media industry.

A Legacy of Excellence

Ms. Simrat Gulati, an IIMC Alumna and Advertising veteran, who heads this program at IIMM Delhi said, “ADPR is one of IIMM Delhi’s oldest and most prestigious programs. Established with the vision of providing comprehensive education and training in the fields of advertising and public relations, this course has evolved to meet the dynamic demands of the industry. The curriculum is meticulously designed to combine theoretical knowledge with practical skills, ensuring that students are well-prepared for the challenges of the professional world.”

Industry Recognition

Industry experts and media professionals also hold IIMM Delhi’s ADPR program in high regard. Vivek Satya Mitram, a renowned Brand Strategist and co-founder at Bharat Dialogues said, “I have interacted with IIMM Students in workshops & events, the rigorous training included in their ADPR course and exposure to real-world scenarios are indeed a benchmark in media education. We at Bharat Dialogues regularly hire interns from IIMM Delhi for their creativity, strategic thinking, and ability to adapt to the rapidly changing media landscape.”

Several key factors contribute to the consistent placement success of the ADPR program at IIMM Delhi added their Academic Director Pooja Priyamvada. “We at IIMM Delhi have fostered strong relationships with leading companies in the advertising and PR sectors. These partnerships provide students with ample internship opportunities, live projects, and exposure to industry practices. We are privileged to have a highly qualified and experienced line up of faculty members & Guest lecturers who bring a wealth of industry knowledge and academic expertise.”

The industry-readiness of any curriculum requires that it is regularly updated to reflect the latest trends and technologies in the media industry. This ensures that students are equipped with relevant skills and knowledge that make them highly employable. As per many ex-students that is what set them apart from the crowd in the highly competitive media industry. Through mock interviews, resume building workshops, and career counseling sessions, the placement cell ensures that students are well-prepared to enter the job market.

The 100% placement record over the past three years is a testament to IIMM Delhi’s unwavering commitment to excellence. As the media industry continues to evolve, the institute remains dedicated to providing exemplary education and training that empowers students to become leaders in their field.

Established in 1999, the International Institute of Mass Media (IIMM) Delhi is a premier institution dedicated to providing high-quality education in mass media and communication. With a focus on practical training, industry exposure, and academic excellence, IIMM Delhi offers a range of undergraduate, postgraduate, and diploma programs designed to prepare students for successful careers in media and communication.

For more information about IIMM Delhi and its programs, please visit www.iimmdelhi.com

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Nima Sulaiman joins HiLITE Group Board, her father gifts her a Porsche

Nima expressed her gratitude for the opportunity and her eagerness to contribute to the group’s success.

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In a move signalling a generational shift in leadership and a commitment to empowering women in the business world, Nima Sulaiman, the daughter of HiLITE Group Chairman P. Sulaiman, has been welcomed onto the board of directors with a stunning gesture—a Porsche worth Rs 3 crore.

At just 18, Nima began her journey with HiLITE Group as a customer service trainee at Hug a Mug Cafe. From there, she transitioned to management roles, showcasing her talent and dedication. With a B.Sc in Economics from the University of London in Singapore, Nima brings a unique blend of academic prowess and practical experience to her new position.

As the Director of HiLITE Urban, a subsidiary of HiLITE Group, Nima is poised to continue the company’s legacy of excellence in construction and development. With a focus on providing quality living spaces and international standards in India, HiLITE Group has been instrumental in transforming Kozhikode city with its innovative projects that include premium residential buildings, ultra modern business parks, state-of-the-art malls and world-class entertainment theaters.

Group Chairman P. Sulaiman expressed his sentiments regarding his daughter’s recent appointment within the Group. He said, “I am immensely proud of Nima’s accomplishments and firmly believe that she is capable to take on greater responsiblities. HiLITE Group has always shed light on the significance of acknowledging and empowering women in leadership positions.” He further emphasised, “The emotional intelligence that women bring to the table is pivotal for fostering effective leadership and establishing trust.”

Nima, in turn, expressed her gratitude for the opportunity and her eagerness to contribute to the group’s success. “Inspired by my experiences visiting renowned malls worldwide, I strive to enrich the atmosphere of HiLITE malls and other projects, infusing them with vibrancy and youthfulness,” she said.

The appointment of Nima Sulaiman to the board of directors represents a significant milestone for HiLITE Group and a testament to the company’s commitment to innovation and inclusivity in the business world. As Nima takes on her new role, she stands as a beacon of inspiration for young women entrepreneurs in South India and beyond.

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