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When we talk about India’s growing consumerism and manufacturing strength, it’s important to note that the manufacturing sector employed over 1.53 crore workers as of 2022. This growth gives us reasons to be optimistic about the country’s economy. Government programs like Make in India and the Production-Linked Incentive (PLI) schemes have played a big role in this success by attracting investments and increasing exports. These initiatives aim to make India a global manufacturing hub, with the industry expected to reach $1 trillion in value by 2025. However, this rapid growth comes with challenges. We need to keep growing while also taking care of the workers’ welfare. The manufacturing sector includes many players, from factory owners and suppliers to the millions of workers who are essential to this industrial boom. These workers often work in high-risk environments, such as chemicals, textiles, and heavy manufacturing, and they face daily challenges that go beyond just their jobs. The Composition of the workforce in India is shown in the below image- The Current Challenges in Indian Manufacturing The manufacturing sector, especially in high-risk areas like heavy machinery, automotive, and pharmaceuticals, faces several challenges: Worker Safety Risks: The industry has a high rate of workplace accidents. Between 2017 and 2021, over 6,500 workers lost their lives in industrial accidents in India. Issues like non-compliance with safety protocols and machinery accidents pose serious threats. Quality Control Issues: Consistent product quality is vital, yet manual inspections often fail to catch defects early, resulting in higher reject rates, potential recalls, and dissatisfied customers. Operational Inefficiencies: Manual processes slow down the production line, increasing operational costs and reducing profitability. Inventory Mishandling: This leads to lost items, inaccurate stock levels, and increased costs due to human errors and inefficiencies. Lean Manufacturing: Lean manufacturing practices streamline production processes, reduce waste, and improve efficiency, making it essential in competitive markets. These challenges have a tangible impact on profit margins, employee morale, and brand reputation. The need for an effective, technology-driven solution that improves both safety and quality standards is pressing. Computer Vision: A Transformative Solution for Manufacturing In today’s manufacturing landscape, advanced technologies play a critical role in addressing key challenges such as worker safety, quality control, and efficiency. Vision analytics emerges as a particularly transformative solution. It enables manufacturers to monitor and analyze production processes in real time, identifying safety hazards, quality issues, and process inefficiencies with high precision. Techniques such as object detection, OCR (Optical Character Recognition), OCV (Optical Character Verification), and instance segmentation allow it to instantly detect anomalies, verify product standards, and ensure compliance with safety standards. The rationale for choosing Computer Vision over other technologies lies in its ability to interpret complex visual data rapidly and adaptively. Unlike traditional sensors, CV can analyze visual details and provide instant feedback, making it an invaluable tool for proactive risk management and consistent quality assurance across production lines. Computer Vision AI vs Other Latest Manufacturing Technologies Capability Computer Vision AI IoT-Based Monitoring Robotic Process Automation (RPA) Augmented Reality (AR) Real-Time Monitoring Yes, monitors machines, workers, and processes in real time. Yes, tracks machine performance via sensors but lacks detailed visual analysis. No, RPA automates predefined tasks, not real-time monitoring. No, AR enhances human interaction, not real-time monitoring. Predictive Maintenance Yes, identifies potential equipment failures through visual and sensor data, preventing costly downtime. Yes, uses sensor data to predict maintenance needs but lacks visual inspection. No, RPA automates processes but doesn’t predict or monitor equipment health. No, AR supports maintenance but doesn’t predict or monitor equipment health. Safety Monitoring Constant monitoring of hazardous areas and unsafe behaviors in real-time, preventing accidents. Basic safety monitoring via sensors but cannot detect unsafe behavior. No, RPA doesn’t focus on safety monitoring or accident prevention. Yes, can be used for safety training but not real-time hazard detection. Cost Efficiency Proactive maintenance, reduced downtime, and optimized resource allocation lead to cost reduction. Costs can be high in terms of installation and ongoing management but provides data for cost optimization. Reduces labor costs by automating repetitive tasks but cannot monitor equipment health or safety. Costly for implementation but can save on training costs and improve worker efficiency in the long run. Integration with Existing Systems Easily integrates with existing manufacturing systems, providing valuable insights into production. Integrates well with IoT platforms but may need additional tools for full functionality. Can be integrated with existing workflows but not with real-time monitoring or visual data analysis. Limited integration capabilities; often used alongside other technologies for operational improvement. How Computer Vision Works in Manufacturing: Addressing Key Challenges 1. Spotting Issues on the Production Line In manufacturing, maintaining product quality is essential. Computer Vision (CV) helps detect and address defects as they happen, ensuring a smooth production flow: Real-Time Defect Detection: CV scans each product on the line, identifying flaws or irregularities instantly, preventing faulty items from advancing in the process. Pattern Recognition for Quality Assurance: By learning from production patterns, CV can detect quality dips early, supporting continuous quality improvements. 2. Checking Inventory Materials Automates quality and quantity checks by using AI-powered image recognition to detect defects, verify counts, and ensure inventory meets required standards in real-time. 3. Ensuring Safety Rules Are Followed In potentially hazardous manufacturing environments, CV helps ensure a safe workplace by monitoring compliance with safety protocols: PPE Compliance Monitoring: CV tracks video feeds to verify that workers are wearing proper safety gear; any violations trigger immediate alerts. Unsafe Action Detection: CV detects risky behaviors or unsafe postures in real time, enabling supervisors to intervene quickly and prevent accidents. 4. Noticing Machine Problems Early Although many safety features are installed on machinery, detecting equipment issues in real-time through Computer Vision (CV) systems can enhance virtual inspections and minimize downtime. By analyzing machine behavior, CV systems can spot early signs of malfunction, enabling timely maintenance and reducing costly disruptions. This is shown below in the image- How this works? 1. Watching and Collecting Data Real-Time Video Monitoring: Cameras continuously capture video footage of workers, machines, and work

In today’s digital landscape, applications frequently begin with a single tenant emphasis. However, when businesses grow, they frequently need to integrate several tenants, each with their own data requirements, security concerns, and regulatory compliance obligations. Supporting numerous tenants necessitates isolating each tenant’s data to maintain privacy and security, especially in industries like finance, healthcare, and e-commerce where data security is crucial. As applications grow in complexity, managing several databases becomes increasingly difficult. The Increasing Challenge of Multi-Tenancy Systems A single database may be sufficient for a small user base, but as the number of tenants increases, so does the need for data segregation, governance, and scalability. Each new tenant increases complexity, generating concerns about data partitioning, resource allocation, and performance. Using a single shared database might result in various hazards and inefficiencies, including: Data Security and Compliance: In order to comply with industry rules or privacy laws, different tenants may need different degrees of data isolation. Without intensive engineering, a single database finds it difficult to enforce such isolation.Data Security and Compliance: In order to comply with industry rules or privacy laws, different tenants may need different degrees of data isolation. Without intensive engineering, a single database finds it difficult to enforce such isolation. Performance bottlenecks: Slow queries, lock contention, and restricted scalability are some of the ways that increased data volume can impair database performance. Tenant-Specific Customization: Applications often need to deliver custom features or configurations for each tenant, complicating management in a single, monolithic database. Why the Issue May Emerge Abruptly A single-tenant platform can soon give way to a multi-tenant one. For instance, a growing SaaS business might have to quickly integrate a number of tenants. Data segmentation is immediately needed since each tenant contributes more data and frequently needs particular adaptations. It becomes difficult to scale for each new tenant without a multi-database strategy, endangering the performance and integrity of data for current renters. The Solution: Master-Slave Database Architecture An effective solution to this issue is provided by a master-slave database architecture. According to this paradigm, control functions are managed by a master database, and each tenant can have their own slave database with separate data storage and dedicated resources. The master-slave configuration allows: Data Isolation: To maintain privacy and compliance, each tenant’s data can be kept apart. Performance Scaling: By offloading tenant-specific data to several databases, bottlenecks are eliminated and performance is enhanced. Easier Maintenance and Customization: Individual tenants can handle maintenance duties and customizations more easily when data is segregated. By introducing new databases for every tenant, this design allows enterprises to grow effectively while maintaining the stability, security, and performance of the core system. Solution: Database routers with the Django Rest Framework (DRF) Custom database routing is made possible by the Django Rest Framework (DRF), which allows for dynamic management of several databases. Although settings.py in Django permits multiple database connections, a clear method is needed to switch between databases according to particular requirements. Using Django’s DATABASE_ROUTERS The Django feature DATABASE_ROUTERS specifies which database to utilize for certain tasks, such as reading, writing, and data migration. Usually, a database router file specifies three main purposes: db_for_read: Identifies the database to be read. db_for_write: Selects the database to be used for writing. allow_migrate: It is used for migrating models in the database. These features provide flexible, dynamic database management according to operation and tenant requirements by enabling the router file to be altered to guarantee that the appropriate database is utilized for every action. Database Switching Scenarios Database switching in a multi-tenant system can be predicated on: Django App: Give every Django application a database. Login as a user: Change databases dynamically according to the information of the logged-in user. 1.  Changing Databases Using the Django App It is possible to map every Django application to a certain database. For example, the router will switch to root-db if a model from the root app is visited if there is an application called root and a database called root-db. This method creates an organized method for managing database routing by directing requests to the relevant database according to the app environment. 2. Database Switching Upon User Login When a user logs in in this case, the default database is chosen. A database_mapper table, which contains fields like parent_database, child_database, and email, keeps track of several databases within this default database, which is frequently referred to as the “root” database. The procedure is as follows: A user’s email address is used to retrieve the parent_database and child_database associated with their login from the database_mapper table. After that, the system changes to the proper database, guaranteeing that the session runs in the right data context. This method makes it possible to manage databases dynamically for each user session according to the location of their data. Thread-Local Storage Implementation for Dynamic Database Switching Thread-local storage can be used to keep track of the right database name across requests. Thread-local storage in Python is helpful for handling numerous databases since it enables data to be saved uniquely for each thread. The database name can be stored in a thread-local storage object that is accessible during each API call without causing cross-request conflicts by using Django middleware. How It Works Save Database Name in Middleware: To guarantee that every request makes use of the appropriate database context, middleware saves the necessary database name in thread-local storage. Database names can be accessed in router functions: The router determines if a certain database is connected to the Django application within db_for_read and db_for_write. Otherwise, the database name is retrieved from thread-local storage by the system. This configuration allows for smooth database switching for every request, allowing many databases to be used in a single API call without running the risk of data leaks between sessions. How These Scenarios Work Together Combining login-based and app-based database switching provides a reliable and adaptable way to manage several databases dynamically within a single API. In order to allow scalable database administration across an expanding

International Tigers Day, celebrated annually on July 29th, is a day dedicated to raising awareness about tiger conservation and promoting efforts to protect this magnificent species. Tigers, symbols of strength, power, and grace, are facing numerous threats that endanger their existence. Habitat loss, poaching, and human-wildlife conflicts are some of the critical issues that need to be addressed to ensure the survival of tigers. On this important day, it is essential to explore innovative solutions that promote coexistence between humans and tigers, ensuring the safety of both. One pioneering initiative making significant strides in this direction is the Human Animal Conflict Mitigation System (HACMS) developed by Valiance Solutions. This advanced technological solution is designed to help forest officers, local communities, and conservationists effectively address the challenges of human-wildlife conflict, creating a safer environment for both humans and tigers. The Challenge of Human-Tiger Conflict Human-tiger conflicts are a growing concern, particularly in regions where human settlements are encroaching on tiger habitats. As natural habitats shrink, tigers are often forced to venture into human-dominated areas in search of prey or territory. This can lead to tragic outcomes for both humans and tigers. Tigers pose significant risks to human safety and livestock when they stray into villages and towns, while humans often retaliate, leading to injury or death for these magnificent creatures. Such conflicts exacerbate the threats faced by tigers and complicate conservation efforts. The Role of HACMS in Mitigating Conflict HACMS is a sophisticated system designed to bridge the gap between technology and wildlife conservation. By leveraging cutting-edge techniques like computer vision, edge computing, and real-time alerts, HACMS helps monitor and manage human-tiger interactions more effectively. 1. Real-Time Alerts: HACMS employs custom AI cameras with internet and edge capabilities to monitor areas prone to tiger movements. These cameras capture and send images to the cloud, where advanced algorithms classify the presence of tigers. Forest officers and local communities receive real-time alerts via the Valiance Eye mobile app, enabling them to take immediate precautionary measures. This proactive approach helps prevent potential conflicts before they escalate. 2. Proactive Measures:By providing timely information about tiger movements, HACMS empowers communities to safeguard their homes, livestock, and loved ones. Alerts are also disseminated through hooters in high-risk areas, raising awareness and ensuring that people remain vigilant. This system not only protects human lives but also minimizes retaliatory actions against tigers, promoting their conservation. 3. Data-Driven Insights: HACMS collects and analyzes data on tiger movements and behavior, offering valuable insights to conservationists and wildlife authorities. This data-driven approach helps in devising effective strategies for habitat management, conflict resolution, and conservation planning. By understanding tiger patterns and preferences, conservationists can create targeted interventions to reduce human-wildlife conflicts. Promoting Coexistence The success of HACMS lies in its ability to foster coexistence between humans and tigers. By minimizing the risk of conflict, the system not only protects human lives but also ensures that tigers can thrive in their natural habitats without fear of retaliation. This harmonious coexistence is essential for maintaining ecological balance and preserving biodiversity. When communities and tigers coexist peacefully, it creates a sustainable environment where both can flourish. A Vision for the Future As we celebrate International Tigers Day, it is imperative to recognize the potential of innovative solutions like HACMS in creating a safer world for both humans and wildlife. The integration of technology in conservation efforts marks a significant step forward in addressing the complex challenges of human-wildlife conflict. Valiance Solutions remains committed to leveraging technology to protect our natural heritage. By promoting awareness, fostering collaboration, and driving innovation, we can ensure that tigers continue to roam freely in their habitats, contributing to the richness of our planet’s biodiversity. On this International Tigers Day, let us reaffirm our commitment to conserving these majestic animals and embracing solutions that promote peaceful coexistence. Together, we can create a future where tigers and humans live in harmony, safeguarding our shared environment for generations to come.

Understanding the Lending Landscape Imagine you’re the captain of a ship navigating through the vast and sometimes stormy seas of the Indian lending market. Your crew consists of various lenders – public sector banks, private banks, housing finance companies (HFCs), and microfinance institutions in housing loans. Each has its way of steering through the waters. For ease of understanding below image is self-explanatory- Shifting Landscape of Loan Originations Home Loans Dominate: Home loans account for 40.7% of retail loans in 2023. Market Share: Public sector banks hold 41.7% of home loans, while private banks have 45.9% of active loans. Larger Home Loans: Loans above ₹75 lakh are growing, showing a trend toward higher ticket sizes. Declining HFCs: Housing Finance Companies (HFCs) are losing share to public and private banks. Personal and Microfinance Loans: Private banks lead in personal loans; NBFCs-MFIs and SFBs dominate microfinance. Analysis: Rise in High-Value Loans: Higher demand for large home loans due to rising property prices. Competitive Home Loan Market: Public and private banks are competing fiercely. HFCs Losing Ground: Traditional banks are taking over the home loan market. Diverse Personal Loan Market: Private banks excel in offering tailored financial products. Microfinance Growth: Essential for financial inclusion and supporting underserved communities. The Indian lending market is evolving, driven by a shift towards higher value loans and increased competition among banks and it also comes with challenges like NPA’s or Non-Performing Assets Enter Early Warning Systems In the dynamic world of banking and financial services, managing credit risk is crucial for maintaining portfolio health and ensuring sustainable growth. With the increasing complexity of financial markets and the growing volume of credit transactions, traditional risk management approaches are no longer sufficient. This is where early warning systems (EWS) come into play, offering a proactive solution to identify potential credit risks before they escalate into significant issues. An effective early warning system leverages advanced analytics, machine learning, and real-time data monitoring to detect early signs of credit deterioration. By providing timely alerts, these systems enable financial institutions to take preventive actions, optimize their risk management strategies, and safeguard their portfolios from potential defaults and losses.In this blog, we will delve into the importance of early warning systems in credit risk management. We will explore how these systems can enhance decision-making processes, improve portfolio performance, and ultimately contribute to a more resilient financial ecosystem. Join us as we uncover the key benefits and best practices for implementing an early warning system, and learn how it can transform your approach to credit risk management. Key Data Sources- Banks gather information from various places to keep an eye on their loans and borrowers. Here are some of the main sources: Loan Management Systems (LMS)/Re-Payment Track Report (RTR): These systems hold all the details about current loans and repayments, helping banks track how each loan is doing. Credit Bureau Scrubs: These are detailed credit reports showing a borrower’s credit history, including their credit score and outstanding debts. Macroeconomic Variables: These are big-picture economic factors like interest rates and unemployment rates, which can impact a borrower’s ability to repay loans. Customer touchpoint- It is a touchpoint is any interaction or communication between a customer and a official bank employee throughout the customer journey Important Variables-From these data sources, banks create some key indicators to help assess risk. Some of them are- Oncycle– Tracks if borrowers are making their payments on time. Normax– Measures the maximum debt levels of a borrower compared to what is considered normal for similar profiles. Score– A numerical value representing the risk of a borrower defaulting on a loan. Default Probability– The likelihood that a borrower will default on their loan obligations within a specific time frame. Delinquency Rate-The percentage of loans in a portfolio that are past due. Repayment History- Historical record of the borrower’s loan repayments. This score helps in categorizing borrowers into different risk buckets and determining the level of monitoring required, Risk Scores and Buckets. Each borrower gets a risk score based on these variables. This score helps banks categorize borrowers into different risk levels, or “buckets”: Low Risk: These borrowers are likely to repay on time, so they need only standard monitoring. Medium Risk: These borrowers show some signs of potential trouble, requiring closer monitoring and possible intervention. High Risk: These borrowers are likely to default on their loans, requiring immediate action to mitigate potential losses. How it looks like-           Cash Flow Forecast Cash flow forecasting is another important part of EWS. It predicts how much money will come in and go out of a borrower’s accounts in the future. This helps banks see if a borrower will have enough cash to make their future loan payments, providing a clearer picture of their financial health. The Role of EWS EWS acts as an advanced radar system, detecting potential fraud early. It identifies “Red Flagged Accounts” (RFAs) where warning signals suggest issues. Banks must monitor these signals, investigate suspicious accounts, and report findings to the RBI. This proactive approach allows banks to act quickly, reducing major loss risks and maintaining trust in the financial system. Benefits of EWS Minimize Default Rate: Identifies high-risk borrowers early to prevent defaults. Assist in Loan Approval: Provides insights for informed lending decisions. Enable Stringent Agreements: Structures loan agreements with safeguards for higher-risk borrowers. Determine Portfolio Composition: Optimizes loan portfolio decisions on sizes and borrower profiles. Facilitate Securitization: Improves risk assessment for efficient securitization of loan assets. As the sector continues to evolve, the integration of sophisticated EWS will likely become a key differentiator between banks that thrive and those that struggle with asset quality. For a robust and resilient banking sector, embracing these technological solutions is not just an option – it’s a necessity. At Valiance Solutions, we are leading the charge with our cutting-edge AI and data analytics solutions. We’ve partnered with credit rating companies to create a credit risk scoring model for micro and small consumer loans using AI. We’ve also developed

Background Forests have been a source of life and a backbone to the economy for us from the ancient ages. Even today, the need and the importance of forests needs no elaboration. While we humans migrated out of the forests, it’s still a home to a huge fraction of flora and fauna, a lot of which need our assistance to sustain in the coming generations. Tigers face the issues of poaching, shrinking habitats and other similar human-wildlife conflicts which has adversely affected its population in history. Even in the reserved and protected areas, we can observe deforestation for economic purposes. Challenge When it comes to detecting land usage or deforestation in a protected area, there is a general lack of solutions which can alert in real time. This results in severe and sustained losses, and sometimes the damage is beyond recovery. This not only affects the wildlife and ecology of the area, but it’s also a loss of culture, history and socio-economic value of the preserved land. To counter this challenge, we’ve come up with a solution to detect deforestation and categorise it based on the land usage(farming or residence) in a specific area, and an alert system for the stakeholders. With the help of this deforestation detection system, actions can be taken in due time and we can move towards a sustainable future and stay true to our goals of nature and wildlife conservation. Solution Approach Tech Stack Shapefile Objects Google Earth Engine Python SQL Flask API Shapefile Objects : The shapefile format is a digital vector storage format for storing geographic location and associated attribute information. It is possible to read and write geographical datasets using the shapefile format with a wide variety of software[1]. The shapefile format stores the geometry as primitive geometric shapes like points, lines, and polygons. These shapes, together with data attributes that are linked to each shape, create the representation of the geographic data. The term “shapefile” is quite common, but the format consists of a collection of files with a common filename prefix, stored in the same directory. The three mandatory files have filename extensions .shp, .shx, and .dbf. The actual shapefile relates specifically to the .shp file, but alone is incomplete for distribution as the other supporting files are required[1]. Mandatory files .shp — shape format; the feature geometry itself {content-type: x-gis/x-shapefile} .shx — shape index format; a positional index of the feature geometry to allow seeking forwards and backwards quickly .dbf — attribute format; columnar attributes for each shape, in dBase IV format Fig 1 : Sample shapefile for an area(it is different from a normal jpeg image as it can store coordinates(latitude and longitude) of every point within the file) Google Earth Engine : Google Earth Engine provides a vast catalogue of map datasets which can be used to observe various features of any point of interest. One such dataset is the Dynamic World V1 which is a 10m near-real-time (NRT) Land Use/Land Cover (LULC) dataset that includes class probabilities and label information for nine classes. These classes refer to different land usage such as water, trees, bare land and so on. Fig 2 : A sample image from Dynamic World V1 data set, different colours indicate different land usage The solution leverages the Dynamic World V1 dataset to get the images of the land piece of interest. Procedure The whole area we want to observe is distributed into smaller rectangular pieces to be analysed individually. For the current implementation, we’re dividing the sample shapefile(Fig 1 in 20 equal pieces). This results in higher quality images from Earth Engine and a more accurate result. In order to detect deforestation, we can compare an image of a place with an image of the same place from a certain time period back(let’s say we want to check the difference for a month). First thing we do is we use the Earth Engine API to get the following 3 images: forest cover for the previous month forest cover for the current month crop cover for the current month The area covered in each box is ~132 km2 (11.88km x 11.16km) and the size of each image obtained from Earth Engine for a box is 1512×1335 pixels. Fig 3 : Forest cover for a piece in Jan 2020 (left) vs Feb 2020 (right) Fig 4 : Crop cover for the same piece in Feb 2020 Processing the Images In order to get the area where forests have been cut and the land is being used for farming, we do the following steps: We first find the area deforested by subtracting the forest cover for the two months Then we intersect that with the crop cover to find out the area where there has been deforestation and crops are planted Fig 5 : For the above scenario, the processed image looks like above Next challenge is to decide which coordinates to point out, as we might only need to identify the locations with a certain area threshold of deforestation for practicality. We use the below criterion to figure out those coordinates: We create a square of n pixels and if all the pixels in the square satisfy our criterion, we give the centre of that square as one of the outputs. Area per pixel for this image is 65.67 sq. metres. So basically this sets a threshold of deforestation to 65.67* sq. metres for being reported. Fig 6 : As seen in the above image, the squares with yellow boundary are the areas to be reported Generating Output Till now we have the pixel values of the image denoting the area of deforestation. To convert them into latitude and longitude coordinates, following steps are followed: To get the latitude and longitude of the centre of these squares, we use unitary method on the pixel location of the centre Compare it with the edge coordinates of the piece to get the coordinates of the centre. Last thing is to make sure that we are

In Indian lending market NBFCs(Non-banking Financial Corporations) played a crucial role in building a nation by providing easy and quick credit. As of 2022, 9500 NBFCs were registered with the RBI, holding assets worth ₹42.05 lakh crore, and assets under management (AUM) for NBFCs rose from ₹27 lakh crore. They surpass the traditional banks, provide credit for solopreneurs, and empower rural and underserved communities with innovative financial services. Source: https://www.business-standard.com/industry/news/fintechs-lead-small-ticket-loans-volume-with-77-market-share-study-124031700502_1 From the above graphs, NBFCs offer a balanced distribution across all loan sizes but focus significantly on larger loans, with one-third of their loans exceeding INR 100,000. This diverse approach allows them to meet various economic and financial needs effectively of individual and micro &small enterprises. As of March 2023, they account for almost one-fifth (18.7%) of total banking assets, up from just 13% ten years ago. Tech-savvy NBFCs focused on lending through apps and online platforms, as well as housing finance companies, are reaching out to customers in the remotest parts of the country using digital technology. The housing loan segment alone saw a massive 22.8% annual growth as of September 2022. Let’s take the story of FinLEO (Fictious), a small NBFC that started by providing tiny loans, called ‘microloans,’ up to 5 lakhs to people who usually faced long delays in getting loans from regular banks. For those struggling with piles of paperwork and bureaucratic red tape at big banks, the nimble services of FinLo came as a breath of fresh air. This is why many underserved individuals and small businesses prefer to approach FinLo for their credit needs. In the beginning, FinLEO was doing well—swiftly disbursing these small loans, helping borrowers grow their ventures, and bringing basic banking services closer to the masses. This made FinLo a shining example of how NBFCs can financially empower those left out by the conventional banking system. However, when the personal loan market started booming and offering higher profits, FinLEO got tempted and decided to shift its focus there. Personal loans were growing at an unbelievable 33% yearly rate over the past four years, which seemed like a golden opportunity. But this explosive growth led to reckless lending practices by FinLEO. They started approving loans without properly checking applicants’ ability to repay typically focused on their credit history. This resulted in increasing bad loans or NPAs (non-performing assets) on their books. The strategy that promised quick growth soon became FinLEO’s biggest problem, landing them in financial trouble. FinLEO realized it needed to get a better handle on its rising bad loans issue. So they decided to implement a smart new system called an “acquisition scorecard” that uses machine learning and advanced data analytics.The way this scorecard works is quite neat. It studies each loan applicant’s financial details and other data to calculate how risky or safe they are to lend to. Based on this, it puts applicants into three buckets – high risk, medium risk, and low risk of defaulting on their loan. This risk segmentation is extremely valuable for FinLEO. It allows them to focus their efforts on applicants who are most likely to repay their loans properly. At the same time, they can be cautious with riskier applicants to avoid future bad loans (NPAs). The Acquisition scorecard But what exactly goes into calculating this risk score? The acquisition scorecard looks at a whole range of data points beyond just income and existing loans. It considers spending patterns, rent payments, utility bill histories and more to understand the person’s financial discipline. It’s like creating a comprehensive report card that grades an applicant’s money management skills. Having a low income alone doesn’t make you a bad loan risk if you pay all your bills diligently. The process starts by collecting data from credit bureaus, FinLo’s own records, bank statements and other sources. This raw data is then cleaned up and formatted properly. Finally, it is fed into advanced statistical models to calculate risk scores. For example, those with a high 700+ CIBIL score get a different rating compared to those under 700. However, the models also look at other factors like geographical trends in repayment behavior. This multi-dimensional approach helps FinLo make smarter lending decisions. They can predict potential defaults more reliably and customize loan offers as per each person’s risk level. Lower risks may get higher loan amounts and better rates, while higher risks could have smaller loan caps. Just like FinLEO, other NBFCs, housing finance firms, and small business lenders are also seeing the big benefits of using advanced technologies like artificial intelligence (AI) and machine learning. By using smart ‘acquisition scorecards’, they can remove old-fashioned hurdles in the loan approval process and make faster, fairer lending decisions. Some of the possible benefits of using acquisition scorecards in lending: More Accurate Risk Assessment: Scorecards analyze diverse data points beyond income and credit scores, improving the accuracy of evaluating financial behavior and reducing the risk of defaults. Faster Decision-Making: Automated scorecards and advanced models streamline the loan approval process, enabling quicker decisions and reducing operational costs for lenders. Tailored Loan Offers: Lenders can customize loan terms based on individual risk profiles identified by scorecards, offering better terms to low-risk borrowers and adjusting terms for higher-risk applicants accordingly. This approach optimizes loan management and enhances customer satisfaction. This can have a huge positive impact, especially for small and medium enterprises (SMEs).  The latest MSME Pulse Report shows that a whopping 59% of the sector faces delays in getting timely credit from formal sources like banks. This credit gap has only widened during economic uncertainties which is not for the long run. AI-powered scorecards can help bridge this gap by efficiently identifying small businesses that deserve a loan but may have been overlooked by traditional loan approval methods that only look at financial data. By considering factors like digital presence, utility payment histories, and other non-financial data points, the AI models can reveal the true risk profile of these SMEs. Discover the transformative potential unlocked by Valiance Solutions in driving digital

In the era of net-zero carbon emission commitment by India, the mining industry faces challenges beyond carbon footprint alone. Some key Challenges such as excessive waste usage, electricity usage, and most importantly, the health and safety of miners are the key concerns not only in India but big names like RioTinto, BHP Billiton, Anglo American, Barrick Gold, and Vale are leading the pack by finding smart solutions to common challenges. They’re not just about digging anymore. They’ve figured out clever ways to tell how rich the ore is, decide where to dig next, and even make sure everyone stays safe on the job. They’ve turned to cool tech stuff like AI and machine learning to do all this. It’s not just about making money for them; it’s also about doing things right and looking out for their workers. By using these high-tech tools, they’re making mining smarter, safer, and better for everyone involved. In India, copper mining companies are working hard to catch up with the big names, but they’re facing some tough challenges along the way. Things like using too much water, gobbling up power (Electricity, heat), running out of resources, and polluting the environment are making it tricky. To tackle all these problems, Indian mining companies need to take things one step at a time. They can start by using smart, data-driven solutions right from the beginning when they’re looking for new sites to dig. Then, they can keep using these high-tech tools throughout the process, from digging up the copper to turning it into shiny metal sheets. It’s a long journey, involving lots of steps like exploring, drilling, blasting, hauling, crushing, grinding, and refining, but with the right approach, they can do it while being kinder to the environment and smarter about how they use resources. Here are the opportunities where AI can make a significant impact in copper mining focusing on key sub-processes and their potential benefit. 1. Blasting Efficiency: Big data and machine learning can transform blasting operations by optimizing the use and placement of explosives. Analyzing sensor data can predict the precise amount and location needed for effective rock fragmentation. Safety and Environmental Impact: Advanced data analysis can make blasting safer and more environmentally friendly by minimizing overbreak and reducing emissions. Cost Reduction: Improved precision in blasting operations can lower operational costs and reduce waste. 2. Smelting Energy Optimization: AI and big data can fine-tune temperature control during smelting, reducing the consumption of electricity or coal, especially for different grades of ore. Quality and Consistency: These technologies can predict and manage the optimal mix of additives, ensuring consistent output quality and minimizing waste. Equipment Performance: Monitoring and predicting equipment performance can enhance safe operation, prevent unexpected downtime, and extend equipment lifespan. 3. Ore-Grading Precision in Ore Quality: Big data and machine learning can analyze sensor and imaging data to determine ore quality accurately, enabling real-time sorting and classification. Cost Efficiency: This precise grading ensures that only high-quality ore is processed, preventing the high operational costs associated with processing lower-quality ore. By adopting these technologies, Indian copper mining giants can significantly improve their operational efficiency, reduce costs, and minimize their environmental footprint, addressing the critical challenges they face. Streamlining Mining Operations via Big Data and Machine Learning Innovative Approaches Transforming Copper Mining 1. The Story of Rio Tinto’s Technological Leap Imagine a single decision that could transform an entire industry. That’s exactly what Rio Tinto achieved with their copper mines. By harnessing the power of data analytics and machine learning, they revolutionized their mining operations, making them more efficient and cost-effective. At the heart of this transformation is the Operations Centre in Perth. Here, real-time data is used to manage everything from equipment health to logistics. Sensors on the equipment provide constant data streams, allowing operators to monitor conditions and predict maintenance needs before breakdowns occur. This means safer, more efficient, and more productive mining operations. The story begins in the mid-2000s when Rio Tinto faced a major challenge. During a global commodities boom, finding enough skilled workers for remote mining locations was tough. Truck drivers were earning over $250,000 a year, and workers had to fly in for long shifts, living in temporary camps. To tackle this, Rio Tinto launched the ‘Mine of the Future’ initiative in 2008. They started with trials of autonomous vehicles. By 2010, they had set up the Operations Centre in Perth, where over 400 operators managed 3D visualizations of equipment across 15 mines, 31 pits, four ports, and 1,600 km of rail networks. Real-time data analytics were used to track productivity and safety on a massive scale. The innovation didn’t stop there. In 2015, Rio Tinto introduced fully autonomous trucks in several of their iron ore mines and planned to expand this technology further. They also launched autonomous drills and used machine learning to improve the process of extracting refined minerals from ore. The key benefits are clear: Safety: Operators are kept out of harm’s way. Cost Efficiency: Significant savings on wages for truck drivers. Increased Productivity: Less downtime from shift changes and fewer human errors. Rio Tinto’s success story is a powerful example of how innovation and technology can overcome industry challenges. Their use of data analytics and machine learning has set a new standard for efficiency and safety in mining, paving the way for a brighter future. 2. Energy optimization in the froth flotation process Optimizing the froth flotation process in copper mining is tough, but with machine learning (ML) and advanced data analytics, we can make real progress. First, we gather data from all sorts of sources – sensors tracking chemical levels, air flow, slurry conditions, and even the grade of the ore itself. With this data in hand, we unleash powerful algorithms like neural networks and decision trees. These smart systems study historical data to learn all the complex patterns and relationships in the flotation process. Once they’ve learned from the data, these ML models become valuable tools. They can continually analyze new real-time sensor data,

In the heartland of agriculture, where the toil of farmers sustains nations, a pressing issue looms large – the information gap. Today, farmers across India face the challenge of navigating an intricate marketplace without the crucial insights needed for informed decision-making. Traditional farming practices clash with the demands of a dynamic agricultural landscape, leaving farmers at a disadvantage. One of the most critical issues farmers grapple with is the lack of up-to-date information on Mandi prices. In an era where markets fluctuate with unprecedented speed, relying on outdated or inaccurate pricing data is akin to navigating through a storm blindfolded. Farmers,often isolated from the hubbub of market dynamics, find themselves at the mercy of middlemen who dictate prices and influence transactions. This information asymmetry not only affects the livelihoods of farmers but also perpetuates an unjust system where profits are unevenly distributed. Recognizing these challenges, the Kisan Sahayak app emerges as a transformative solution, addressing the key issues faced by farmers by ensuring real-time access to accurate Mandi prices, weather updates, and personalized advice, thus empowering farmers to make informed decisions and foster a fair and transparent marketplace.   Introducing Kisan Sahayak App Recognizing these challenges, we are delighted to introduce our app designed exclusively for farmers – the Kisan Sahayak App. This transformative solution addresses the key challenges faced by farmers, such as opaque Mandi prices, unpredictable weather, and linguistic barriers. The Kisan Sahayak app is designed to bridge the acute information gap plaguing farmers. In the prevailing system, where outdated or inaccurate Mandi prices dictate transactions, farmers often find themselves at the mercy of middlemen, leading to an uneven distribution of profits. Our app ensures real-time access to accurate Mandi prices, liberating farmers from the shackles of information asymmetry. This empowerment not only augments their market acumen but also levels the playing field, fostering a fair and transparent marketplace. Farmers can easily access the prices of crops in nearby Mandis by chatting with the bot through text or voice mediums. Additionally, they can receive weather updates and advice on optimal selling locations, all powered by cutting-edge generative AI using Large Language Models (LLM). This innovative tool integrates advanced AI capabilities with essential agricultural services, aiming to empower farmers with vital information and support, ultimately transforming their decision-making process and enhancing their livelihoods. The Vision Behind Kisan Sahayak Kisan Sahayak is not just an informational tool but an intelligent, interactive assistant designed to cater to farmers’ needs in Hindi, English, and regional languages. This multilingual support ensures inclusivity and accessibility, breaking down language barriers that often hinder access to crucial information. By leveraging Google Cloud’s Chat Bison model through Vertex AI PaLM APIs, Kisan Sahayak delivers enhanced conversational capabilities, making interactions with the chatbot more natural and efficient. This integration is key to providing timely and accurate responses to farmers’ queries, ultimately helping them make informed decisions. Power of Generative AI in Kisan Sahayak Generative AI is at the heart of Kisan Sahayak, transforming how farmers interact with technology. Here’s how it empowers the app: Natural Language Processing and Understanding: The Chat Bison model enables the chatbot to understand and process natural language inputs from farmers. Whether the input is in Hindi, English, or a regional language, the AI can accurately interpret queries and provide relevant responses, ensuring effective communication and precise information delivery. Contextual and Personalized Interactions: Generative AI allows the chatbot to engage in contextual conversations, understanding the nuances and context of farmers’ queries. It can remember previous interactions and provide personalized advice based on historical data and user preferences, enhancing the user experience and making the app a reliable digital assistant. Real-Time Data Integration and Analysis:he generative AI capabilities enable real-time integration and analysis of data from the eNAM portal and other sources. The AI can quickly process large volumes of data to provide farmers with up-to-date market prices, weather forecasts, and advisory services, crucial for timely decision-making. Adaptive Learning:The AI model continuously learns and adapts from user interactions. This means that over time, the chatbot becomes more efficient and accurate in its responses, identifying common queries, streamlining its responses, and predicting what information the farmer might need next. Interactive and Informative Responses:Using generative AI, Kisan Sahayak can generate responses that are not only informative but also engaging. The AI can provide detailed explanations, recommendations, and insights in a conversational manner, such as explaining why a certain Mandi might offer better prices or how upcoming weather conditions might affect crop yield. Core Features and Functionality Kisan Sahayak offers a robust set of features designed to support farmers in various aspects of their agricultural activities: Real-Time Crop Price Identification: Farmers can inquire about the market rates of specific crops in nearby Mandis using data from the eNAM portal’s API. This ensures that the information is current and accurate, helping farmers make informed decisions about when and where to sell their produce to maximize profits. Data Collection of Sold Crops: The app facilitates the collection of data regarding the price at which farmers sold their crops, including details such as location and date of sale. This information is invaluable for market analysis and future planning, helping farmers understand market trends and price fluctuations. Multi-Modal Input Support: The chatbot accepts both text and voice inputs in Hindi, English, or a regional language, making it accessible to a broader range of users. This feature ensures that farmers, regardless of literacy level or language preference, can interact with the app effortlessly. Weather and Advisory Updates: Kisan Sahayak provides real-time weather forecasts and advisories. These updates are crucial for farmers to plan their agricultural activities, protect their crops from adverse weather conditions, and optimize their yields. Seamless Data Integration: Real-time crop price data is seamlessly retrieved from the eNAM portal’s APIs, ensuring that farmers always have access to the latest market information. This integration supports informed decision-making and strategic planning. Language Conversion: Utilizing the Bhashini  or Translate API, the app converts non-English inputs to English for compatibility with the generative AI-language

Leopards, with their majestic presence and elusive nature, have long captivated our imagination. From the pages of Rudyard Kipling’s “The Jungle Book” to real-life encounters, these magnificent predators have left an indelible mark on our minds. As we commemorate International Leopard Day, let us take a moment to appreciate these fascinating creatures and reflect on the challenges they face in our rapidly changing world. One of the most famous leopards in literature is Bagheera, the black leopard from “The Jungle Book,” who played a pivotal role in saving the young Mowgli from the clutches of Sher Khan, the tiger.While Bagheera’s story is a work of fiction, the real-world plight of leopards is no less dramatic. Today, leopards are facing increasing threats due to habitat loss,human-wildlife conflict, and illegal poaching. In India, leopards are known by various names such as Guldar, Bibat, and Tendua, reflecting their widespread presence across the country. With their remarkable agility and camouflage abilities, leopards have adapted to a diverse range of habitats, from dense forests to urban areas.However,their proximity to human settlements has led to a rise in conflict incidents, posing challenges for conservationists and local communities alike. According to the latest estimates from the National Tiger Conservation Authority (NTCA) and Wildlife Institute of India (WII), the leopard population in India stood at approximately 13,874 individuals in 2022. While this may seem like a substantial number, the increasing instances of human-leopard conflict highlight the urgent need for effective mitigation measures. In recent years, news reports have highlighted the alarming trend of leopards straying into urban areas, causing panic among residents and posing risks to human safety. The reasons behind this phenomenon are complex and multifaceted, with factors such as habitat encroachment, prey availability, and human activities playing a role. To address the challenges posed by human-leopard conflict, innovative solutions are needed. One such initiative is the Human Animal Conflict Mitigation System (HACMS) developed by Valiance Solutions.This cutting-edge system leverages technology to provide real-time alerts to forest officers and communities when leopards are sighted in their vicinity. By raising awareness and facilitating timely responses, HACMS aims to promote coexistence between humans and wildlife while minimizing the risks of conflict. On International Leopard Day, let us reaffirm our commitment to protecting these magnificent animals and their habitats. Through collaborative efforts, innovative solutions, and a shared sense of responsibility, we can ensure that leopards continue to roam free in the wild, enriching our natural heritage for generations to come.

In the heart of India’s lush wilderness, home to over 75% of the world’s tiger population, a technological revolution is reshaping the landscape of wildlife conservation. While India boasts an impressive 106 national parks spanning over 44,402.95 km², and 54 tiger reserves, traditionally, monitoring this vast area has been a Herculean task involving trap cameras that automatically capture images of animals as they pass by. These images are stored in SD cards of the camera which are removable and have limited capacity How Its Done Forest guards manually collect these cards and sort countless images to analyze animal populations—a process fraught with challenges: Challenges in Traditional Wildlife Monitoring The traditional system, however, is fraught with challenges: Species Classification and Identification: Manually sorting and classifying thousands of animal images stored on hard disks is time-consuming and prone to errors. Unique Identification of Tigers: The process of matching tiger stripe patterns to identify individuals is extremely labour-intensive, taking up to 10 minutes per image. Data Storage and Accessibility: Using physical hard disks limits data accessibility and increases the risk of data loss with no backups, not to mention the issues of security and maintenance. Manual Processing: The extensive manual intervention required throughout the data handling process is inefficient and slows down the conservation efforts significantly. Wildlife Data Management and Species Classification Platform To address these inefficiencies, Valiance has introduced a cutting-edge Wildlife Data Management and Species Classification Platform. This innovative platform harnesses the power of cloud computing and machine learning to transform how wildlife data is managed and analyzed. Here are the key features and benefits of the platform: 1. Automated and Secure Classification Instant, automated categorization of images upon upload reduces human error and speeds up data processing, all while ensuring data is encrypted and securely stored in the cloud. The categorization is done in separate folders so that it becomes easy for the users to locate the images of a particular species. 2. Identification of Unique Tiger The platform utilizes advanced proprietary algorithms to quickly identify individual tigers from images, vastly reducing the time and effort required compared to manual methods. The identification happens with a click of a button. 3. Robust Data Security By storing data on the cloud, the platform ensures enhanced security protocols such as end-to-end encryption, regular backups, and multi-factor authentication to safeguard sensitive information against unauthorized access and data breaches. The Vulnerability Assessment and Penetration Testing (VAPT) conducted by an external agency VAPT further helps to make the application, cloud, and data secure. 4. Tracking and Geolocation Secure tracking of tiger and elephant movements through encrypted data from camera locations and timestamps aids in detailed and protected mapping of their territories. This helps in understanding the movement and possible conflict zones. 5. Find a Tiger This feature enables the user to identify a tiger from a user-uploaded separate photograph. The feature provides the probabilities of matching with the already uploaded repository data. 6. Comprehensive Risk and Density Analysis The platform provides secure predictions of attack risks and animal density,facilitating better and more secure wildlife management decisions. The attack risks from the carnivores can be identified by checking the canine teeth through available pictures and the herbivore density can be calculated by checking the number of herbivores in that particular area. This interpretation would help us understand that the carnivores have sufficient herbivores to feed upon otherwise there may be a tendency for the carnivore to move for food which might entertain a conflict situation. 7. Efficiency and Timesaving The classification of animal exercise requires much less time than the conventional manual approach. Uploading and classifying 1 Lakh images of nearly 1-1.5 MB takes nearly 24 Hours. Similarly, the automatic identification of a unique tiger exercise with the help of our machine learning algorithm takes much less time than the manual identification process with higher accuracy. 8. Enhanced Visualization Users can access maps showing the geofence of tiger reserves, camera locations,and animal density, along with detailed lists of image data. This helps the user to ascertain greater visibility of the carnivores and herbivores along with their density. 9. Scalability and Data Integrity: The cloud-based solution offers scalable storage solutions and ensures data integrity, backed by stringent security standards. This enables the user to upload any amount of data without thinking about the space available on the hard disk. All the uploaded data in one place provides better analytics. 10. Secure Dashboard and Automated Reporting: With secure access to a comprehensive dashboard, stakeholders can receive automated reports detailing classified images, species counts, and other critical data, all generated through secure, automated processes. Valiance’s platform transcends traditional wildlife management by harnessing the power of technology to revolutionize conservation efforts. This innovative approach not only streamlines the process of data management but significantly enhances the decision- making capabilities of forest officials. By shifting from outdated manual methods to advanced cloud computing and machine learning, the platform ensures the integrity and accessibility of vital data, enabling a more efficient and secure management of India’s rich biodiversity. By adopting this comprehensive and innovative approach, we not only protect iconic species like the tiger but also the entire ecosystem that sustains them. Valiance’s platform is pivotal in ensuring that wildlife management is proactive, predictive, and precise, securing a thriving future for biodiversity on a global scale. With each step forward in this technological evolution, we’re not just preserving the present; we are laying the groundwork for a vibrant, sustainable world for generations to come.!