The growing problem of skills shortage in the media industry has been addressed in a proactive manner by Spescom MediaIT. The company has embarked on an internship programme aimed at recruiting suitable candidates in their final year at Technikon and training them in practical situations with the mentorship and guidance of the company’s highly skilled personnel.
The programme provides young people with the opportunity to acquire the highest standard of skill as repair technicians in the broadcast industry.
The two learners recruited for the programme in 2009 have completed the theoretical components and are currently working towards the practical aspects of their learnerships.
MediaIT will offer permanent employment to trainees who prove themselves exceptional during the course of their internship.
Source: www.spescom.co.za
Also see: The Spescom DataFusion Learnership Programme
Thursday, 15 September 2011
Wednesday, 10 August 2011
Fashion Portal Gets $16 Million Funding
NEW DELHI – Exclusively.in, an online portal for Indian fashion, secured $16 million in a second-round of funding that it will use to expand its market and sign exclusive contracts with India's fashion designers.
The company launched its portal to U.S. customers last June, and says it has added new members at the rate of 20% to 25% every month. It didn't reveal total membership numbers.
The latest round of funding comes from two existing investors – Helion Venture Partners rand Accel Partners India – and a new stakeholder Tiger Global Management. Such online ventures are not new to these investors: Helion has invested in travel site Makemytrip Ltd., Accel in Indian movie site Chakpak, and Tiger Global in online bookstore FlipKart.
The company's ability to retain its current investors and garner fresh support showcases the attractiveness of India-focused online ventures. Sites specifically targeted at the Indian diaspora have been few and far between, and Exclusively.in's entry comes at a time of growing awareness of India's fashion, music and food.
The company's plan to open up its portal to the Indian audience is not surprising given the popularity of the handful of similar businesses that exist currently. The online portal stretches the reaches of fashion beyond India's metros to the large number of folks living in suburbs and second-tier cities.
"We want to provide people a place that's only about selling stuff but talking about a lifestyle, fashion trend…No one has done this for the global Indian consumer," said Sunjay Guleria, co-founder and chief executive "We want to bring this global lifestyle storyline to the Indian diaspora."
The company is in the process of signing up more Indian designers, it currently offers a range of them including Tarun Tahiliani and Manish Arora. It sells clothes under broad categories of bridal wear, Indo-western outfits and western wear.
"They are addressing a premium segment...and trying to build a premier brand," said Prashanth Prakash, a partner at Accel Partners India based in Bangalore.
Mr. Guleria of Exclusively.in says the management team is open to all possibilities down the line, including attracting a larger entity to buy out the company or taking it public.
"We just have to build a valuable long-term business," Mr. Prakash said. "Potentially, we see the company listed. It's a large enough idea and the team is committed to making the idea big."
The company launched its portal to U.S. customers last June, and says it has added new members at the rate of 20% to 25% every month. It didn't reveal total membership numbers.
The latest round of funding comes from two existing investors – Helion Venture Partners rand Accel Partners India – and a new stakeholder Tiger Global Management. Such online ventures are not new to these investors: Helion has invested in travel site Makemytrip Ltd., Accel in Indian movie site Chakpak, and Tiger Global in online bookstore FlipKart.
The company's ability to retain its current investors and garner fresh support showcases the attractiveness of India-focused online ventures. Sites specifically targeted at the Indian diaspora have been few and far between, and Exclusively.in's entry comes at a time of growing awareness of India's fashion, music and food.
Agence France-Presse/Getty Images
Exclusively.in, an online portal for Indian fashion, secured $16 million in a second-round of funding that it will use to expand its markets.
With this round of funding, the company will expand to the U.K., Canada and even head to the shores of India this summer.
The company's plan to open up its portal to the Indian audience is not surprising given the popularity of the handful of similar businesses that exist currently. The online portal stretches the reaches of fashion beyond India's metros to the large number of folks living in suburbs and second-tier cities.
"We want to provide people a place that's only about selling stuff but talking about a lifestyle, fashion trend…No one has done this for the global Indian consumer," said Sunjay Guleria, co-founder and chief executive "We want to bring this global lifestyle storyline to the Indian diaspora."
Exclusively.in, an online portal for Indian fashion, secured $16 million in a second-round of funding that it will use to expand its markets.
With this round of funding, the company will expand to the U.K., Canada and even head to the shores of India this summer.
The company's plan to open up its portal to the Indian audience is not surprising given the popularity of the handful of similar businesses that exist currently. The online portal stretches the reaches of fashion beyond India's metros to the large number of folks living in suburbs and second-tier cities.
"We want to provide people a place that's only about selling stuff but talking about a lifestyle, fashion trend…No one has done this for the global Indian consumer," said Sunjay Guleria, co-founder and chief executive "We want to bring this global lifestyle storyline to the Indian diaspora."
"We want to provide people a place that's only about selling stuff but talking about a lifestyle, fashion trend…No one has done this for the global Indian consumer," said Sunjay Guleria, co-founder and chief executive "We want to bring this global lifestyle storyline to the Indian diaspora."
The company is in the process of signing up more Indian designers, it currently offers a range of them including Tarun Tahiliani and Manish Arora. It sells clothes under broad categories of bridal wear, Indo-western outfits and western wear.
"They are addressing a premium segment...and trying to build a premier brand," said Prashanth Prakash, a partner at Accel Partners India based in Bangalore.
Mr. Guleria of Exclusively.in says the management team is open to all possibilities down the line, including attracting a larger entity to buy out the company or taking it public.
"We just have to build a valuable long-term business," Mr. Prakash said. "Potentially, we see the company listed. It's a large enough idea and the team is committed to making the idea big."
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