This Diwali AegisCovenant Surprises its Employees Diwali in a big way : Cars, Bikes, bonus, gifts and more..
This Diwali AegisCovenant Surprises its Employees Diwali in a big way : Cars, Bikes, bonus, gifts and more..
Reporter Madhu KhatriIn a crowded startup landscape brimming with ambition, AegisCovenant stands out as a shining example of a transformative force. Founded in July 2020, this automotive industry leader has quickly become synonymous with an unwavering commitment to its team members and an outstanding workplace culture, setting itself apart in a world where growth and profitability often take precedence. Having served over 1 million customers across 468 locations, AegisCovenant isn’t just about impressive numbers; it’s about putting members at the heart of its journey and fostering a culture of excellence that’s nothing short of inspiring.
But the real differentiator? It’s their culture.
“As the Marketing Manager, having joined AegisCovenant just two months ago, I’m truly impressed by the exceptional workplace culture. In my extensive career, I’ve never experienced such a strong sense of family and camaraderie. AegisCovenant’s commitment to a supportive and collaborative environment is truly commendable.” – Niharika Rathee, Marketing Manager. At AegisCovenant, team members come first, and it’s not just a slogan. It’s a deeply ingrained principle. In a world where toxic workplaces are all too common, AegisCovenant stands out as a haven of inclusivity, respect, and recognition. Everyone at AegisCovenant enjoys coming to work, not just because they’re building a successful company, but because their dedication is celebrated.
“Our Team members are the heart and soul of AegisCovenant. We are fortunate to have a remarkable team whose dedication and creativity drive our success. Our commitment to a team-centric culture is not just words; it’s our way of life. I want to take pride in making all team members financially free because that is something I struggled with in my days as an employee,” says Sonendra Verma, Founder at AegisCovenant as he presents his most celebrated team members with their dream cars this Diwali season.
Arvind Singh, Head of Operations who is the backbone of the company has been rewarded with a Hyundai I20 car. Arvind joined AegisCovenant two years ago as an Executive – Operations and it has been a remarkable journey of Arvind as Executive to Head of Operations. Bandana Choudhary, Manager Human Resources, who has highly contributed in improving and evolving the company’s culture has been rewarded with a Hyundai I20 car. She joined as an intern 9 months ago and got regularised and designated as HR – Journalist on August 1, 2023 and just within 2 months of her joining, she got promoted as Manager – Human Resource. She has created an example of hard and smart work within the organisation. Finally, our VP Finance, Pranav Chandra was also gifted a surprise Hero XPulse bike contributing to his love for bikes. The company also chose to recognize and appreciate its exceptional team members for their unwavering dedication and commitment by presenting them with distinctive gifts and substantial cash rewards. Each team member was awarded a Diwali bonus.
Earlier this year while celebrating their 3rd Year Anniversary, the company also recognized outstanding team members by gifting Casio wrist watches to all employees, with nine top performers receiving cash prizes ranging from Rs 50,000/- to Rs 5,00,000/- along with personalized mementos. Additionally, the two pioneering business development leaders, crucial to the company’s success, were honored with brand-new Mahindra Scorpio-N cars.
This festive season, amidst the race for targets and growth in startups nationwide, AegisCovenant welcomes you to a workplace that values its people—a hub of collaboration, innovation, and belonging. Here, every voice matters, and each achievement is treasured. In a startup world filled with talk, AegisCovenant walks the walk.
About AegisCovenant: aims to be a trendsetter in the Finsure Tech ecosystem, which combines finance, insurance, and technology. The company’s vision is to revolutionize the industry by promoting transparency, commitment, and making it an attractive career choice for young people – while keeping the customer at the center of it all. Their services include Roadside Assistance, Insurance Management Services, Business Process Outsourcing (BPO), and Vehicle Leasing Services, with a focus on simplifying these processes using technology.
Sonendra Verma, the CEO of AegisCovenant, embodies the spirit of resilience and determination. Commencing his professional life as a chakki operator at a young age, Verma navigated through significant personal hardships, balancing the responsibilities of marriage at the age of 17 while striving to secure an education. His unwavering commitment to learning led him to complete a Master of Business Administration from KSOU, Mysore College, marking a pivotal milestone in his journey. Verma’s relentless pursuit of education, combined with his entrepreneurial spirit, laid the foundation for AegisCovenant, a groundbreaking bootstrapped venture challenging the norms of external funding in the financial sector.
Before he founded AegisCovenant, He began by excelling in the auto insurance industry, contributing significantly to renowned companies like Tata AIG, Reliance General Insurance, and ICICI Lombard. Venturing into bike designing, he founded Xenthas Motorcycles, showcasing his creative drive while maintaining ties to the auto industry.
His early struggles instilled in him a profound appreciation for hard work, education, and perseverance, shaping his leadership style centered around kindness, empathy, and continuous learning. Verma envisions AegisCovenant as a catalyst for change, focusing on underserved communities in Tier 3 and 4 regions, aiming to empower and uplift them through innovative financial tools. His guiding mantra, “If you think you can, you can. If you think you can’t, you’re right,” encapsulates his unwavering belief in the power of mindset. With an eye on innovation and adaptability, Verma navigates challenges, positioning AegisCovenant for sustained success while championing financial independence and inclusivity in the industry.
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