PRESS RELEASE

 
 
 

MarketOrders is thrilled to announce they are part of the #WeAreOneTech campaign to inspire more women and individuals from underrepresented communities to consider starting an ambitious startup.

  

MarketOrders COO and co-founder, Sukhi Jutla, is one of 4 startup founder stories to be profiled for the launch of this nationwide campaign.

 

Watch the video here: https://youtu.be/dSalfHUTU-I

 

Read Sukhi’s full story here: https://medium.com/onetech-founder-stories/meet-sukhi-jutla-39a70f98ebeb

 

About OneTech

OneTech is a ground-breaking new initiative, supported by the JPMorgan Chase Foundation, to provide female entrepreneurs, and those from some of London’s most underrepresented communities, with the opportunity to start and scale a high growth tech business.

 

The lack of diversity costs the tech industry dearly in untapped potential, talent and growth. Capital Enterprise has long recognised that this needs to change.

 

This project will connect founders with mentors and access a range of workspace, pre-acceleration, acceleration and investment readiness opportunities.

 

We are aiming to get businesses to better understand why diversity and inclusion makes sense; what needs to be done to help diversify their recruitment and selection processes; and double the number of female and BAME (Black, Asian and Minority Ethnic) founders accessing investment by 2020.

 

We hope to inspire more women and individuals from underrepresented communities to consider starting an ambitious startup, and affect real change with supply, demand and culture change in London’s booming tech ecosystem.

 
 
 

Find out more: https://weareonetech.org/

 

Read The Evening Standard Coverage: https://www.standard.co.uk/tech/capital-enterprise-onetech-mission-diversity-tech-a3975191.html

 

#WeAreOneTech

 

Written by MarketOrders
 

Creating the future of millennial retail with cryptocurrency

 

While the volatility is positive for speculative investors, it is also causing more hesitancy on the part of consumers to use it as a reliable fiat currency alternative. Unfortunately, the cryptocurrency craze has attracted too many ICO startups whose intentions are focused solely on watching their valuation being pushed to the pinnacle by the speculators. Often, there is no other utility outside of their cryptocurrency merely being a way to inflate their bank accounts.

 

MarketOrders solves the problem and challenges faced by offline retailers in dealing with millennial generations of consumers by creating a tech marketplace for them. Millenials are Smartphone driven and attention deficit and need to be able to access information on demand and on their mobiles.

 

 

photo credit: https://pixabay.com/en/office-meeting-business-partners-336368/

 

How is MarketOrders solving this challenges?

 

MarketOrders is bringing a Converging platform for offline retailers to future proof it by embracing new technologies using blockchain technology- NOT the least of which is the advent of cryptocurrency.

 

Blockchain invented a trust-less decentralized currency, owned and transacted by entire communities and movements. This could not be accomplished with traditional [fiat] currency in the circulation.

 

photo credit: https://pixabay.com/en/block-chain-shaking-hands-handshake-3468276/

 

 

For the first time in the modern history, communities can be served by currencies of choice without geographical boundaries, language, race, and religion restriction.

 

Despite a multifold of possibilities this new technology presents, it is critical that MarketOrders focuses initially on embracing this digital era and the millennial uprising that is causing disruption to offline retailers [brick and mortar].

 

This trend is being driven by a desire to tap into the rise of the experiential economy.

 

This experience became the blueprint for every brick and mortar shops. Digitization brings so much of convenience but customers are still looking for surprises and spontaneity in their shopping experience, which can only be achieved with a physical environment.

 

This actually creates positive tension between convenience and smart shopping with the experiential element to it and bring realization to an entire retail industry that in today’s digital and fast-moving technology world, only remain constant is the change.

 

Therefore, retailers are under pressure to move quickly to implement technology into their business. Retailers are constantly seeking technologies to both bolster customer experience and increase efficiency. To execute this vision of online and in-store experiences powered by technology, retailers need to leverage the critical skill sets of both business leaders and infrastructure and operations professionals, which can be very expensive for small retailers.

 

Written by CEO & Founder, Ram Krishnna Rao

 

Sukhi Jutla profiled in the Sunday Telegraph as part of Management Today’s ’35 women under 35’.

 

MarketOrders is pleased to announce our very own COO and co-founder, Sukhi Jutla, was profiled in the Sunday Telegraph as part of Management Today’s ’35 women under 35’. 

 

 

This year’s 35 Women Under 35 list, published by Management Today in association with Accenture to shine a light on the country’s top young businesswomen, is packed with career chameleons. 

 

 

These women entered the workforce during the financial crisis. They watched established companies crumble, entirely new industries spring up and technology evolve at an extraordinary rate. 

 

 

The launch was celebrated at a wonderful drinks reception at the Foundling Museum, a historic venue in the heart of London.

 
 

Congratulations Sukhi for continuing to be a shining powerhouse and role model for other women leaders and entrepreneurs!

 
 

 

Links:

Sukhi’s feature can be accessed here: https://www.managementtoday.co.uk/sukhi-jutla-34/article/1488779

 

The full feature can be read here: https://www.managementtoday.co.uk/35-under-35-2018-profiles

 

Written by CEO & Founder, Ram Krishnna Rao
 

PRESS RELEASE – A Winning Week for MarketOrders – Winning £100k investment + Rising Star Award

 

 

It’s been a winning week for MarketOrders who this week won first prize at the Blockchain Accelerator held in London on 6-8th July. 

 
Sukhi Jutla, MarketOrders co-founder and COO pitched to a panel of judges and investors and won the winning pitch from 20 other companies competing for the top prize.

 

This win is further testament to the work we are doing at MarketOrders as well as the realisation that the gold industry is ripe for disruption. And this is exactly what the investors see – they see incredible growth opportunity with MarketOrders.

 

This win also signifies MarketOrders entry into the blockchain space where we this technology will be used to create trusted transactions across the gold jewellery industry where currently only 4% of gold jewellery transactions occur online due to a lack of trust in the marketplace. MarketOrders is on a mission to change this and to bring greater transparency across the gold industry.

 

Sukhi’s excellent pitching skills also secured MarketOrders sponsored WeWork office space a well as private mentoring from top entrepreneurs worth £20,000.

 

Well done Sukhi for leading the way and being an excellent role model for other female founders and entrepreneurs!

 

Winning the Rising Stars Award

This week, Sukhi also collected her Rising Star awards from We Are The City (WATC). 

 

 

The WATC awards received over 1250 nominations and we are really proud to announce that our co-founder and COO walked away with the winning entry for the Entrepreneurs & Startup category. 

 

Well done Sukhi for being a shining example and a leading role model for tech female founders. We are super proud of you!

 

In addition MarketOrders and Sukhi were featured in the presstigious “The Sunday Times”.

 
 
 

 

Wow, what a winning week it has been for MarketOrders!

 

 

Written by CEO & Founder, Ram Krishnna Rao

 

How MarketOrders is using a three-pronged strategy approach to centralise the gold jewellery industry

 
In the previous post, we touched upon how MarketOrders is using a three-pronged strategy approach. These are centralisation, creating unique IP and e-commerce. In this post, we deep dive into each of these approaches and show why the gold industry needs to adopt a centralised platform.

 
The first strategy as an entry point is to create a centralized platform for the entire Gold Jewellery Industry This will allow retailers visibility and to conduct trade securely. These include discovering new jewellery designs and managing their common audit trail between counterparties on a single platform. In the first instance, MarketOrders platform allows retailers and manufacturers to buy and sell gold jewellery and grow their business.

 
Gold jewellery retailers and manufacturers do not have resources such as expertise and capabilities to digitize their retail shop offerings. This is why its essential to have a digital marketplace. Once retailers get used to trading online, MarketOrders platform can expand quickly to emerging countries and expand the gold jewellery business growth digitally. Global buy, Local sales.

 

 

photo credit: https://pixabay.com/en/handshake-hands-laptop-monitor-3382503/

 

The Second pronged strategy of MarketOrders is by creating Unique IP as a value-adding component of the platform. This includes our unique ‘On Demand Order Aggregator’ system via our smart router system and data-driven supply and demand scoring system.

 
This IP will serve as a unique and inimitable differentiator. As the density of the platform increases, developers can create more attractive IP for MarketOrders platform, which will create higher demand and leads to a greater usage of the platform. This will create a virtuous circle.

 
The third pronged strategy is by MarketOrders providing centralization and concentrated digitize commerce for the Gold jewellery industry. It also can leverage its position to allay fears among traders on the platform.

MarketOrders is a non-manufacturer and non-retailer to allay competitive fears among traders who are using MarketOrders Platform.

 
All these three strategies establish  MarketOrders platform as the dominant standard to digitize Gold Jewellery commerce.

 

 

 Written by CEO & Founder, Ram Krishnna Rao

 

How the gold jewellery industry can adopt a centralised platform strategy

 
The gold jewellery industry is a very ancient industry. It is as old as civilisation itself and its one of the few industries which haven’t been revolutionised by the use of technology…until now that is!

 
MarketOrders is on a mission to bring unity and centralisation to this fragmented industry.  And for the gold industry to become digital, they must first be bought into centralisation.

 
To understand this better, let us consider planes and passengers. For example, when there is no airport, just imagine the scenario. Planes land in any available space to land the aircraft and board the passenger and head back to the destination.

 
Now, this situation would cause havoc in the aviation industry. The passenger has to go to any landing space of aircraft NOT knowing which destination the plane will head back to. And this happens because there is no visibility of demand and supply.

 

photo credit:  https://pixabay.com/en/aircraft-landing-reach-injection-513641/

 

Now, apply this scenario of an airport or hub to that of a centralised platform. You now have total visibility of what planes are available and how many passengers want to take a flight. The passengers will have visibility of which aircraft are at which terminals. They will know what time the planes will leave and which destinations they are heading in.

 
The airport concept serves as a centralised mechanism, not just as a centralised infrastructure connecting passengers, planes and destinations but also providing retail offerings such as shops, restaurants and shopping mall experiences.

 
MarketOrders can leverage a similar system by providing a centralised hub for the gold jewellery industry. This would enable multiple participants such as manufacturers and retailers to collaborate in many ways.

 
As an initial adoption of strategy in building the first ever concentrated market via centralization, MarketOrders is using a three-pronged strategy approach. These are centralisation, creating unique IP and e-commerce. In the next blog post, we take a deep dive into this unique approach.

 

Written by CEO & Founder, Ram Krishnna Rao

 

Why the gold jewellery industry must adopt a platform strategy

 

The gold jewellery industry is a very ancient industry. It is as old as civilisation itself when early humans would gift gold and adorn it on their bodies. From day one it has had a cultural and personal significance. And thousands of years later, it still remains an untapped and fragmented market where technology has yet to make it smark on this industry worth $175 billion dollar industry.

 

photo credit: https://pixabay.com/en/sculpture-museum-perth-gold-digger-1104196/

 
Today, this industry still operates in a highly fragmented and scattered manner. As a result, the industry must re-invent itself as a hub suited for the digital world.

 

Today in digitally dominated economies, marketplaces offer customers the opportunity to connect with one another. The Gold Jewelry industry must adopt this approach of a centralized marketplace. In a way, the marketplace is the most ancient way of trading goods. And this is also where the digital age has gravitated towards – a marketplace that is truly global in scale with thanks to technology.

 

A digitised centralised platform will act as a key advantage for sellers and buyers by allowing them to connect through a digitally initiated platform.

 

Today, digital technologies are changing the nature of globalization. The digital economy is driven by the rapid growth of a digital transformation and it’s happening at a breakneck speed.

 

photo credit: https://pixabay.com/en/bitcoin-money-virtual-market-3137984/

 

The MarketOrders platform will be an engine of innovation for gold jewellery retailers specifically and retailers in general SME’s as it will allow them to participate in international trade without the need to invest in their own technology-driven supply chain.

 

In the changing landscape, gold jewellery retailers and the entire industry needs to re-imagine and re-invent its position in centralised platforms and leverage its current strength in physical gold trade retailing to create a new digital trade.

 

 

Written by CEO & Founder, Ram Krishnna Rao

 

Congratulations, Sukhi for being shortlisted for WeAreTheCity’s Rising Star Awards

 

It gives us great pleasure to inform you that our co-founder, Sukhi Jutla, has been shortlisted for WeAreTheCity’s Rising Star Awards.

 

They received a record number of entries this year (over 1,200!), with every single category being oversubscribed with amazing nominations from across the UK and Northern Ireland. 

 

Well done Sukhi on getting through to the shortlist stage and on all your achievements to date, you should be exceptionally proud to make it into the final 10 in your category!

 

Please support Sukhi’s nomination by casting a vote for her which will help to continue to shine the spotlight on #femalefounders from #diverse backgrounds! Just click on the link below:

 

 

 

 
You can read the official PR Release here from WATC:

 

 

PRESS RELEASE 

Embargoed until 8.30AM 14 May 2018

WeAreTheCity Rising Star Awards 2018

WeAreTheCity shines the spotlight on 200 remarkable women as part of their Rising Star Awards shortlist

WeAreTheCity are proud to announce the shortlist for their 2018 Rising Star Awards.

The Rising Star Awards, now in their fourth year, are the first to focus on the UK’s female talent pipeline below management level. Through these awards, we will celebrate 100 individual female contributors that represent the leaders and role models of tomorrow. We hope that by raising the profile of our shortlist and winners, we will also encourage organisations to consider how they strengthen the development of their female pipeline in the future.

The 200-strong shortlist showcases remarkable women within the UK from across 20 categories representing different industries/professions. An example of the amazing women shortlisted this year are; Georgia Shiels, Racing Driver, Georgia Shiels Racing; Madeline Pizzoni, Helicopter Pilot, British Army and Krystal Archer, DJ & Social Entrepreneur, SuperFoxx.

The Rising Star awards also include a Company of the Year award, which recognises the achievements of a company who can demonstrate that they are actively supporting and developing their female talent pipeline through initiatives, training, development programmes and/or internal employee relations groups. Shortlisted companies this year are Barclays, J. P. Morgan and Sky.

The awards will continue to celebrate Rising Star Champions, recognising the efforts of senior leaders who are actively supporting the female pipeline, included in this year’s shortlist are Chris Stylianou, COO, UK & Ireland, Sky and Dr Shola Mos-Shogbamimu, Lawyer and Equality Campaigner.

Recognising that careers for women may follow different timescales, the Rising Star Awards do not have any age restrictions included within the criteria guidelines. WeAreTheCity feels it has a responsibility to ensure that female talent, regardless of age and background, receives the necessary support and skills to transition into key decision-making roles within our organisations.

Chris Duncan, Managing Director, Times Newspaper Ltd, said “It has been a tumultuous year for gender politics across the world, and programs that nurture the next generation of female talent have never been more important. We at The Times and The Sunday Times are delighted to continue to support the Rising Star Awards to recognise the tremendous work being done by the next generation of leaders across British industry. We would like to wish this years shortlisted individuals the very best of luck.”

The 2018 awards are headline sponsored by The Times and The Sunday Times. Category sponsors include an array of leading FTSE 100 companies and industry leaders: 3M, Accenture, Aon, Barclays, Bloomberg, CMI, CR-UK, EDIT Development, EPAA, Jobbio, JHPR, Kier, Lloyd’s, Lloyds Banking Group, Northern Trust, PedalSure, Royal Navy, Reed Smith, SAGE and Sodexo.

Vanessa Vallely, Founder of WeAreTheCity, said, “The calibre of entries this year has been truly exceptional. I am so excited to meet our shortlisted individuals at NewsUK to celebrate their success. Every one of these women should be extremely proud of their achievements. They are key contributors to their industries and outstanding role models. I wish them the very best of luck in the final round of judging.”

All shortlisted individuals will be invited to celebrate their achievements at an event hosted by NewsUK on 6 June. The 200 women will now face the final judging period and the public vote. The overall top 100 winners will be announced on 18 June 2018.

The winners will then be celebrated on 12 July 2018 at a prestigious evening reception and awards ceremony at NewsUK in London alongside our judges and sponsors.

The public are encouraged to cast their votes of support for our shortlisted nominees via risingstars.wearethecity.com

 

 

@WATC_Updates , Rising Star, Vanessa Vallely

 

Written by CEO & Founder, Ram Krishnna Rao

 

The 2018 Asian Women of Achievement Awards – A celebration of incredible Asian Women

 

Sukhi Jutla and HRH Countess of Wessex at 2018 AWA Awards

 
Our co-founder, Sukhi Jutla, was a finalist in the entrepreneur category of the AWA Awards and we celebrated the event last week with a gala dinner held in association with NatWest, the 2018 Awards were held in the presence of Her Royal Highness The Countess of Wessex, Her Grace The Duchess of Wellington, Tulip Siddiq MP, Baroness Amos, Director, SOAS University of London, Rachel Johnson, Journalist, Author, Lewis Lukens, Deputy Chief of Mission for the US Embassy in London and actress Amrit Maghera

 
The Asian Women of Achievement Awards, founded by Pinky Lilani CBE DL in 1999, celebrate multicultural Britain and the contribution of diverse cultures and talents to UK society. We put on a platform, the phenomenal Asian women across the UK and across industries, who are making a valuable and important contribution to British life. The awards play a key role in redefining the contribution of Asian women; and informing a new, positive, pro-diversity debate.

 
Sukhi said, ‘I feel honoured I was selected as a finalist in the entrepreneur category and I hope to use this platform to further shine a spotlight on the amazing things female founders and entrepreneurs are doing”.

 
Here are a few pics from the eve and it was great to also meet HRH Countess of Wessex, definitely a photo moment!

 

 

 

 

 

 
Written by CEO & Founder, Ram Krishnna Rao

 

Featured in Around Ealing, Meeting HRH The Countess of Wessex + The AWA Awards

 
In this weeks blog post we have some great news to share. Our co-founder and COO, Sukhi Jutla, was featured in Around Ealing, where she shares tips on how she left a corporate job, started MarketOrders and wrote several books!
 
You can read the full post here: http://ealingnewsextra.co.uk/jobs-and-skills/win-a-book-and-maybe-start-a-new-career/

 

There is also a competition which you can enter and win a copy of Sukhi’s bestselling book, Escape The Cubicle: Quit The Job Yoo hate, so be sure to enter.

 

 

 

Asian Woman of Achievement Awards

 

Sukhi is also a finalist in the Asian Women of Achievement Awards where the winners will be announced at a special gala dinner on May 9th 2018.  

 

We are thrilled to announce that Her Royal Highness The Countess of Wessex, the Global Ambassador for the Women of the Future Programme, will be joining us at the annual Asian Women of Achievement Awards on May 9th at the London Hilton on Park Lane.

 

 
The Countess has been a long-time supporter of the Women of the Future Programme, having attended the Women of the Future Awards and Summit in previous years.

 

Good luck Sukhi at the AWA Awards!

 

Remeber, don’t forgot to check out Suki’s post here and enter the competition:  http://ealingnewsextra.co.uk/jobs-and-skills/win-a-book-and-maybe-start-a-new-career/

 

 Written by CEO & Founder, Ram Krishnna Rao