Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group

Posted on July 13, 2022July 13, 2022Categories News   Leave a comment on Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group

India’s leading textile, apparel, retail and real estate conglomerate announced the appointment of Atul Singh to lead the Group, signalling a significant step towards creating a future ready organisation.  As Raymond is gearing to mark its centenary year in 2025 the company is on a transformation journey by strengthening its leadership by bringing in diverse experience on board. The Nomination and Remuneration Committee of Raymond Limited has recommended his appointment as Executive Vice Chairman to the Board of Raymond Limited subject … Continue reading “Raymond Limited appoints Atul Singh, a consumer industry veteran to lead the Group”

Piaggio Vehicles launches Apé NXT+ : The Mileage Ka Raja

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Piaggio Vehicles launches Apé NXT+ : The Mileage Ka Raja

Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group and India’s leading manufacturer of small commercial vehicles launched an innovative new product in the Passenger Segment – the all new Apé NXT+ The Apé NXT+ is a high mileage three-wheeler giving an Industry Best Fuel Efficiency of upto 50km/KG for the CNG version. The indigenously researched and developed vehicle is equipped with very stylish aesthetic elements which provide it a contemporary and refreshed looks compared … Continue reading “Piaggio Vehicles launches Apé NXT+ : The Mileage Ka Raja”

CEAT launches ultra-high-performance tyre SportDrive in India

Posted on July 12, 2022July 12, 2022Categories News   Leave a comment on CEAT launches ultra-high-performance tyre SportDrive in India

CEAT Ltd., India’s leading tyre manufacturer has launched its ultra-high-performance tyre range – CEAT SportDrive and CEAT SportDrive SUV for the luxury segment in India. The product, first introduced in the European market in 2017, has been customized for Indian road conditions.     CEAT’s SportDrive range of tyres are specifically designed keeping in mind the requirements of luxury sedans and SUVs in the Indian automotive market. The carefully crafted SportDrive ensures superior control and comfort. Its asymmetric tread pattern with MRC … Continue reading “CEAT launches ultra-high-performance tyre SportDrive in India”

Avaali marks its 10th anniversary; launches Velocious Supplier Relationship Management Application (SRM) Version 4.1

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Avaali marks its 10th anniversary; launches Velocious Supplier Relationship Management Application (SRM) Version 4.1

·         Velocious SRM is a full-featured, scalable solution to automate the lifecycle of supplier processes including Sourcing, Reverse Auctions and Procure to Pay. ·         Version 4.1 of Velocious enables a full-featured Supplier Information Management wherein suppliers can submit their onboarding data via web-based forms, and take advantage of fully automated checks and validation to ensure accuracy. ·         Suppliers can also use the workflow engine’s configurable features to set up a multi-level review and approval process and an intern-built mechanism for query resolution ·         Avaali celebrates 10 years in … Continue reading “Avaali marks its 10th anniversary; launches Velocious Supplier Relationship Management Application (SRM) Version 4.1”

Vi Brings Agniveer Course Material for its users on the Vi App, in partnership with Pariksha

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Vi Brings Agniveer Course Material for its users on the Vi App, in partnership with Pariksha

With the commencement of the Agniveer Recruitment process for Indian Armed Forces this year, Vodafone Idea Limited (Vi) has announced availability of Agniveer course material on the Vi Jobs & Education platform on the Vi App. Vi aims to empower Bharat youth to prepare and excel in various Government job exams, including Agniveer, by enabling access to well researched course material which can be accessed through its platform, anywhere, anytime.   Vi recently launched Vi Jobs & Education in partnership with Pariksha, the leading preparation … Continue reading “Vi Brings Agniveer Course Material for its users on the Vi App, in partnership with Pariksha”

Furlenco is gearing up for a new wave in the D2C furniture industry

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Furlenco is gearing up for a new wave in the D2C furniture industry

–          Gearing up to give people the freedom to furnish their homes in any way by providing access, change and choice –          Offers rent and return; buy and sell back under one roof – a first-of-its-kind in India –          Aims to touch 1 million Indian households by 2024 –          Furlenco to increase its annual revenue run rate by 2.5X by June 2023.  In line with its core philosophy of providing freedom and flexibility to its customers, Furlenco, India’s leading furniture and lifestyle brand is now … Continue reading “Furlenco is gearing up for a new wave in the D2C furniture industry”

Godrej Appliances launches new health care innovation – Godrej InsuliCool, to aid the growing population of Insulin Dependent Diabetics

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Godrej Appliances launches new health care innovation – Godrej InsuliCool, to aid the growing population of Insulin Dependent Diabetics

~The advanced insulin cooling solution store insulin vials, pens, cartridges at the scientifically recommended temperature of 2°- 8°C to retain its effectiveness ~ Light weight, compact and portable -it aims to resolve the hassles of storing and carrying insulin for millions of diabetic patients around the world Godrej Appliances, business unit of Godrej & Boyce, the flagship company of the Godrej Group, has been actively contributing towards building the nation’s healthcare infrastructure. Taking a step further in this direction, strengthening … Continue reading “Godrej Appliances launches new health care innovation – Godrej InsuliCool, to aid the growing population of Insulin Dependent Diabetics”

Fabindia’s journey of transforming trash to treasure

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Fabindia’s journey of transforming trash to treasure

With over 100,000 metric tonnes of waste generated every day in India, waste management remains one of the biggest issues that the country is facing. Landfills are being stretched to the limit, and the continuously mounting garbage is contaminating natural resources like soil and groundwater. While reforms at the industry and policy level are being introduced, businesses have also taken up the awareness baton.  Retail brand, Fabindia’s ‘Shunya’ collection of rugs and outdoor chairs is made from recycled PET (Polyethylene terephthalate) yarn that … Continue reading “Fabindia’s journey of transforming trash to treasure”

PEPPERFRY LAUNCHES ITS NEW STUDIO IN BANGALORE, KARNATAKA

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on PEPPERFRY LAUNCHES ITS NEW STUDIO IN BANGALORE, KARNATAKA

STRENGTHENS ITS OMNICHANNEL PRESENCE IN SOUTHERN INDIA Pepperfry, the ecommerce furniture and home goods company, announced the launch of its New Studio in Bangalore, Karnataka. The offline expansion is in line with the company’s aim to penetrate into niche markets and strengthen its omnichannel consumer engagement in home and living space in India. Pepperfry’s studio footprint currently spans across 90+ cities with 174+ studios in the country. Pepperfry Studios have transformed the furniture retail landscape in India. The company’s omnichannel … Continue reading “PEPPERFRY LAUNCHES ITS NEW STUDIO IN BANGALORE, KARNATAKA”

Real estate investment platform PropReturns raises funding via strategic round from Cred’s Kunal Shah, DoorDash’s Gokul Rajaram, Mamaearth’s Varun Alagh among others

Posted on July 12, 2022July 12, 2022Categories Funding News   Leave a comment on Real estate investment platform PropReturns raises funding via strategic round from Cred’s Kunal Shah, DoorDash’s Gokul Rajaram, Mamaearth’s Varun Alagh among others

Other investors include Karan Virwani, Kunal Shah(founder of Cred) Sandeep Agarwal(Co-Founder of ShopClues and Droom), Nitin Jain( Co-Founder, OfBusiness), Yash Malhotra (Director, Landmark Hotel and founder, +nineone Warehouse), Sunny Mirchandani (Director, AK Capital Finance and IndiaBonds), Venkatesh Sarvasiddhi( MD,Springer Nature Group), Raj Shamani( YouTuber), 1947 Rise (Investor in Jar, Notion, and other unicorns) Fund to be utilised for scaling up by adding more asset classes, expansion of tech team, entering new markets , increasing investor base and more Real estate … Continue reading “Real estate investment platform PropReturns raises funding via strategic round from Cred’s Kunal Shah, DoorDash’s Gokul Rajaram, Mamaearth’s Varun Alagh among others”

Simpl appoints Somansh Kumar as Director – Platform Integrations

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Simpl appoints Somansh Kumar as Director – Platform Integrations

Somansh will lead the integrations’ charter and growing merchant partners on Simpl Simpl, India’s leading checkout network, announced the appointment of Somansh Kumar as Director of Platform Integrations. Through this key appointment, Simpl aims to drive merchant quality and their onboarding experience. As the Director of Platform Integrations, Mr. Kumar’s responsibilities include leading the integrations’ charter for Simpl’s 20k and growing merchant partners. He will especially drive merchant quality and their onboarding experience with a laser-sharp focus on integration lifecycle … Continue reading “Simpl appoints Somansh Kumar as Director – Platform Integrations”

Fractal & Analytics Vidhya Set a new GUINNESS WORLD RECORDS™ title 

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Fractal & Analytics Vidhya Set a new GUINNESS WORLD RECORDS™ title 

Fractal (www.fractal.ai), a leading provider of AI & analytics to global Fortune 500 companies, and Analytics Vidhya (www.analyticsvidhya.com), India’s largest analytics & data science community, set a GUINNESS WORLD RECORDS™ title of “Most Viewers of an Artificial Intelligence programming lesson live stream on a bespoke platform” at 1729.   1729 is an AI (eye) opening virtual event focusing on the learning & growth of early-stage AI career aspirants. The GUINNESS WORLD RECORDS™ title was achieved by 1842 participants who learned how to build an Artificial Intelligence model with Kaggle … Continue reading “Fractal & Analytics Vidhya Set a new GUINNESS WORLD RECORDS™ title “

Star Health and CSC partner to make health insurance accessible in rural India

Posted on July 12, 2022July 12, 2022Categories PR   Leave a comment on Star Health and CSC partner to make health insurance accessible in rural India

Ø  First standalone health insurance company in the country to partner with CSC Ø  Initiative to help increase India’s health insurance penetration in rural India Star Health and Allied Insurance Co. Ltd., one of the leading standalone health insurance companies in the country, and Common Services Centers (CSC), under Ministry of Electronics & Information Technology, have partnered to provide over 5 lakh CSCs access to a select range of Star Health insurance products, specially designed to meet the needs of rural customers, across … Continue reading “Star Health and CSC partner to make health insurance accessible in rural India”

Epsilon Carbon signs Agreement with Anagha Refineries to set-up India’s first Molten Pitch Storage Tank facility

Posted on July 11, 2022July 11, 2022Categories News   Leave a comment on Epsilon Carbon signs Agreement with Anagha Refineries to set-up India’s first Molten Pitch Storage Tank facility

Targets revenue of over Rs 2200 crore (US$300 million) from this facility by FY27 Epsilon Carbon, India’s leading coal tar producer, has entered into an agreement with Sri Anagha Refineries to establish India’s first Molten Pitch Storage Tank facility in Managalore, Karnataka. This will be a first-of-its-kind molten Pitch storage facility with a tank capacity of 10,000 Metric Tonnes. The port facility will have a draft of 14 meters and will allow vessels up to DWT of 100,000 Mt to … Continue reading “Epsilon Carbon signs Agreement with Anagha Refineries to set-up India’s first Molten Pitch Storage Tank facility”

Syska expands partnership with Flipkart; launches the much advanced & elegant SW300 Polar Smartwatch in India at a disruptive price point redefining the wearable category

Posted on July 11, 2022July 11, 2022Categories PR   Leave a comment on Syska expands partnership with Flipkart; launches the much advanced & elegant SW300 Polar Smartwatch in India at a disruptive price point redefining the wearable category

The Smartwatch is power packed with features like Bluetooth calling, In-built memory for offline music storage, 1.32” Ultraview IPS display 360*360-pixel resolution, TWS connection to name a few Syska Group, the leading FMEG brand in India, announced the launch of its latest smartwatch Syska SW300 Polar. This expansion is once again in collaboration with India’s e-commerce platform Flipkart. Syska forayed into the fast-growing smartwatch segment in 2020 with Flipkart to cater to the growing demand for fitness essentials across the … Continue reading “Syska expands partnership with Flipkart; launches the much advanced & elegant SW300 Polar Smartwatch in India at a disruptive price point redefining the wearable category”

Funding for Indian start-ups dips by 40% from Q1 CY22 to USD 6.8 billion in Q2 CY22: PwC India Report

Posted on July 11, 2022July 11, 2022Categories General   Leave a comment on Funding for Indian start-ups dips by 40% from Q1 CY22 to USD 6.8 billion in Q2 CY22: PwC India Report

Funding in early-stage deals in Q2 CY22 continued to be stable at around USD 800 million and is likely to remain stable or even grow in the next few quarters. After three consecutive quarters of raising more than USD 10 billion, the total funding in the Indian start-up ecosystem fell by 40% during Q2 CY22 to reach USD 6.8 billion.  The decline can be attributed to a global slowdown, decrease in tech stock valuations, inflation and geopolitical instability, as per the … Continue reading “Funding for Indian start-ups dips by 40% from Q1 CY22 to USD 6.8 billion in Q2 CY22: PwC India Report”

DaMENSCH Forays into Offline Market; Targets Annual Revenue of 500 cr by FY26

Posted on July 11, 2022July 11, 2022Categories PR   Leave a comment on DaMENSCH Forays into Offline Market; Targets Annual Revenue of 500 cr by FY26

To streamline its new offline model, the company appoints Ashmeer M. Sayyed as Chief Retail Officer DaMENSCH, apremium men’s fashion brand that recently raised $16.4 million funding, announced their plan to foray into offline retail business. DaMENSCH, founded in 2018 by Gaurav Pushkar and Anurag Saboo has grown 3X YOY in the last three years. Commenting on the launch of the offline presence or some other word covering all channels, Gaurav Pushkar, Co-Founder, DaMENSCH said: “As a D2C brand we have cracked the formula of creating innovative products, acquiring … Continue reading “DaMENSCH Forays into Offline Market; Targets Annual Revenue of 500 cr by FY26”

ZF Supervisory Board appoints Dr. Holger Klein Chairman and CEO of ZF Friedrichshafen AG

Posted on July 9, 2022July 9, 2022Categories General   Leave a comment on ZF Supervisory Board appoints Dr. Holger Klein Chairman and CEO of ZF Friedrichshafen AG

• Industrial engineer (52) succeeds Wolf-Henning Scheider at the beginning of 2023 • Dr. Konstantin Sauer, Chief Financial Officer, and Wilhelm Rehm, Member of the Board of Management – Commercial Vehicle Solutions, to leave ZF by the end of 2022 • Supervisory Board appoints Dr. Peter Laier, a veteran of the commercial vehicle and supplier industry, to ZF’s Board of Management Dr. Holger Klein, Member of the Board of Management responsible for the Asia-Pacific region, Car Chassis Technology Division, Aftermarket … Continue reading “ZF Supervisory Board appoints Dr. Holger Klein Chairman and CEO of ZF Friedrichshafen AG”

NPCI partners with JBIMS to offer a Master’s degree program in Digital Payments to its employees under the “Learn while you Earn” initiative

Posted on July 9, 2022July 9, 2022Categories General   Leave a comment on NPCI partners with JBIMS to offer a Master’s degree program in Digital Payments to its employees under the “Learn while you Earn” initiative

This first-of-its-kind hybrid program for NPCI employees with specialization in “Digital Payments” will serve as an enabling platform for bright and committed minds National Payments Corporation of India (NPCI) has collaborated with Jamnalal Bajaj Institute of Management Studies (JBIMS) to co-create a Master’s in Management Studies (MMS) program in Digital Payments for its employees. Launched under NPCI’s “Learn while you Earn” higher education program, the first batch commenced today with an inaugural session. The specially curated, one-of-its-kind program will integrate aspects of technology, finance, BFSI, … Continue reading “NPCI partners with JBIMS to offer a Master’s degree program in Digital Payments to its employees under the “Learn while you Earn” initiative”

CARE upgrades Muthoottu Mini Financiers rating to ‘A- Stable’

Posted on July 9, 2022July 9, 2022Categories General   Leave a comment on CARE upgrades Muthoottu Mini Financiers rating to ‘A- Stable’

●             Rating upgraded 3 notches in the last 3 years ●             Registered 25% growth in FY21-22 ●             Profitability increased by 45% ●             NPA reduced to 0.52% ●             Plan to reach 1000 Branches by the end of 2023 ●             Aim to reach an AUM of INR 4,000 crores in this fiscal year Muthoottu Mini Financiers Ltd., one of the leading NBFCs in India, today announced its ratings upgrade to A- (Stable) from BBB+ (Stable) by CARE Ratings. The company has registered … Continue reading “CARE upgrades Muthoottu Mini Financiers rating to ‘A- Stable’”