Category: 18th Asia–Africa Business and Social Forum

  • YAAP DIGITAL LIMITED IPO Opens on Feb 25, 2026

    YAAP DIGITAL LIMITED IPO Opens on Feb 25, 2026

    Mumbai (Maharashtra) [India], February 23: Yaap operates as a digital marketing, content, and technology services company within the fast-growing marketing and advertising landscape. The company is opening its Initial Public Offering on Feb 25, 2026, aiming to raise ₹ 80.11 Crores with shares to be listed on the NSE Emerge platform.

    The issue size is 55,25,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 138 – ₹ 145 Per Share.

    Equity Share Allocation

    • Qualified Institutional Buyer – 26,22,000 Equity shares

    • Non-Institutional Investors – 7,87,000 Equity shares

    • Individual Investors – 18,36,000 Equity shares

    • Market Maker – 2,80,000 Equity Shares

    The net proceeds from the IPO will be utilized for Funding part payment of purchase consideration for the proposed acquisition of GoZoop Online Private Limited, Funding capital expenditure for establishment of an AI-Led Short-Form Content Production Hub, working capital requirements, unidentified acquisitions and general corporate purposes. The anchor portion will open on Tuesday, Feb 24, 2026. Issue opens on Wednesday, Feb 25, 2026 and will close on Friday, Feb 27, 2026.

    The Book Running Lead Manager to the Issue is Socradamus Capital Private Limited, and the Registrar is Link MUFG Intime India Private Limited.

    Atul Jeevandharkumar Hegde, Managing Director of Yaap Digital Limited expressed,

    “As a digital-native marketing and technology company we have consistently focused on building integrated capabilities across data, AI-driven solutions, and content to serve the evolving needs of modern brands. Our strong client relationships, expanding geographic presence, and improving financial performance position us well for the next phase of scale.

    The proposed IPO will enable us to accelerate our strategic priorities. The acquisition of GoZoop Online Private Limited is expected to strengthen our service portfolio and deepen our creative and digital capabilities, while investments in our AI-led short-form content production hub will enhance innovation and operational efficiency.”

    Mr.  Priyesh Jain, Director of Socradamus Capital Private Limited “Over the past few years, YAAP Digital Limited has evolved into a fully integrated digital marketing and technology platform operating within the fast-growing marketing and advertising industry, driven by creativity, data, and AI-led innovation. Serving clients across diverse sectors including BFSI, FMCG, retail, e-commerce, technology, lifestyle, and entertainment. The IPO proceeds will also help strengthen the working capital base and pursue strategic growth opportunities as they arise.

    We are delighted to partner with YAAP on its upcoming IPO and to support the company as it enters the next phase of expansion. We look forward to being part of their journey and to contributing to their continued growth and long-term value creation.”

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  • Best Affordable Web Hosting 2026: Why 30,000 Plus Websites Trust Serverbyt.

    Best Affordable Web Hosting 2026: Why 30,000 Plus Websites Trust Serverbyt.

    New Delhi [India], February 21: Serverbyt, Voted the Best Rapidly Growing Hosting Provider of 2026 We deliver high-performance web hosting at prices you can actually afford. We provide startups and developers worldwide with secure, scalable, and affordable website hosting solutions.

    With over 30,000+ happy customers globally, Serverbyt has become a top choice for reliable web hosting. Our growing international community trusts us because we deliver exactly what a website needs no matter where you are in the world.”

    Bridging the Gap Between Premium Hosting and Affordability

    Driven by the belief that enterprise grade hosting should be accessible to all, Amrit Bhatia founded Serverbyt to eliminate the cost barriers that limit innovation and growth. While premium hosting is often expensive and complex, Serverbyt simplifies the experience by offering powerful infrastructure at transparent and affordable pricing. Key focus areas include:

    • High-speed, scalable hosting infrastructure
    • Strong uptime, security, and data protection
    • Simple, transparent, and affordable pricing models

    Serverbyt demonstrates that affording luxury in web hosting is no longer costly, it is accessible and sustainable.

    Best Affordable Web Hosting 2026: Why 30,000+ Websites Trust Serverbyt. -PNN

    Expanding Globally

    Serverbyt is growing fast, bringing world-class web hosting to businesses in every corner of the globe. By combining international technology with local expertise, we provide a hosting experience that is both high-end and accessible. Whether you are launching your first startup or managing a large enterprise, our scalable solutions are built to grow alongside your ambition.

    Vision for the Future

    At Serverbyt, our vision is simple, to put the customer first in everything we do. We are constantly upgrading our global servers and high-speed infrastructure to ensure your website stays fast and secure. As we grow worldwide, our commitment remains the same delivering premium services at affordable price.

    The company aims to:

    • Simplify web hosting for users worldwide
    • Set new benchmarks for affordable premium hosting
    • Build long-term trust through consistent performance

    Premium services should never feel out of reach.

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  • FELA Launches “FELA News”- A Comprehensive Digital News Platform Covering India, World & Beyond

    FELA Launches “FELA News”- A Comprehensive Digital News Platform Covering India, World & Beyond

    New Delhi [India], February 10: The Federation for Educational Leaders and Administrators Foundation (FELA), a reputed non-profit organization and a prominent voice in the knowledge and policy ecosystem, has officially announced the launch of its digital news platform, FELA News. Developed in response to the growing demand for credible, inclusive, and well-researched journalism, the platform aims to deliver accurate, insightful, and balanced news across a wide range of sectors for a diverse readership.

    Positioned as a multi-category digital news destination, FELA News offers curated and original content across India, World, Education, Entertainment, Sports, Technology, Economics, Health, Astrology, Lifestyle, and Automobile. With its extensive editorial coverage, the platform is designed to provide readers with a comprehensive understanding of national and global developments through a responsible, research-backed, and knowledge-driven approach. FELA News caters to students, professionals, policymakers, entrepreneurs, and the general public seeking reliable and relevant news updates under one digital umbrella.

    Unlike niche or single-sector platforms, FELA News follows an all-beats editorial philosophy, recognizing that developments across politics, economy, technology, healthcare, sports, culture, and lifestyle are deeply interconnected and collectively shape society. The platform aims to contextualize breaking news, emerging trends, and key developments to help readers better understand their broader impact on governance, business, innovation, and everyday life.

    Commenting on the launch, a spokesperson from FELA said, “FELA News has been launched with the vision of creating a credible, inclusive, and accessible digital news platform that reflects the pulse of the nation and the world. Our focus is on responsible journalism that informs, engages, and empowers readers across sectors, while encouraging informed dialogue and awareness.”

    Aligned with FELA’s broader mission of promoting informed discourse and progressive thinking, FELA News embraces technological advancements and modern digital tools to deliver timely, accurate, and reader-focused content. The platform emphasizes transparency, balance, and factual reporting, while also offering analytical stories, expert perspectives, and human-interest narratives across all major beats.

    With a strong editorial focus on accuracy, relevance, credibility, and responsible reportingFELA News aspires to emerge as a trusted digital news platform in India and beyond. The launch reinforces FELA’s vision of contributing to a well-informed society where media, policy, innovation, and public awareness work together to support inclusive growth and informed decision-making.

    For more information, visit:https://www.felanews.com/

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  • Wagle Estate: Thane’s BKC in the Making

    Wagle Estate: Thane’s BKC in the Making

    Mumbai (Maharashtra) [India], February 11: Wagle Estate has rapidly emerged as a vibrant commercial powerhouse of Thane, positioning itself as the city’s Bandra Kurla Complex equivalent. Developed in 1962 as a pioneering MIDC, the area’s growth for decades centred around manufacturing units and industrial sheds. From catering to factories and MSMEs, Wagle Estate has now undergone a significant transformation fuelled by metro expansion works, flyovers and cluster redevelopment projects, marking a new phase in its urban journey.

    A key differentiator for Wagle Estate is the residential lifestyle ecosystem now taking shape. The area is witnessing a complete facelift, with residential projects bringing a fresh lifestyle quotient to its real estate offering. Developers are moving beyond conventional office formats, giving Wagle Estate a renewed identity through projects that integrate workplaces with retail outlets, cafés, dining destinations, fitness studios and wellness facilities. This blend is significantly adding to the modern lifestyle dimension that the precinct is evolving toward.

    Traditionally, Wagle Estate has been a district where professionals engaged actively through the day, zipping in and out. However, upcoming residential and mixed-use integration projects are expected to keep the precinct active well beyond office hours. Already a critical part of Thane’s economic map, Wagle Estate’s identity is being decisively rewritten. The shift underway reflects the creation of a modern, living environment within an area earlier perceived purely as a business district. The emerging Wagle Estate is shaping up as a self-sustained, future-ready urban nucleus where work, lifestyle and enterprise intersect seamlessly.

    Commenting on the transformation and offering a real estate industry perspective, Anuj Goradia, Director, Dosti Realty said, “Wagle Estate’s evolution reflects how employment hubs can mature into balanced urban districts. With infrastructure upgrades, strong office absorption and lifestyle-led housing coming together, the micro-market is well placed to support long-term residential demand. Such integrated clusters are likely to define the next phase of urban growth in cities like Thane.”

    Infrastructure development has played a key role in accelerating this transition from a commercial hub to an emerging lifestyle-led residential locality. Located just minutes away from Thane railway station and well connected to key highways, Wagle Estate offers smooth access across the Mumbai Metropolitan Region. Upcoming metro connectivity is expected to further reduce travel time to Mumbai and Navi Mumbai, strengthening its appeal as a centralised yet uncongested residential location and contributing to improved productivity and work-life balance for residents.

    As Wagle Estate established itself as a serious commercial hub, ageing factories made way for Grade-A office spaces aligned to contemporary business needs. Sleek commercial towers featuring intelligent lobbies, high-speed elevators, business lounges and collaborative spaces now define its skyline. This evolution has attracted a diverse tenant mix, including established corporates, IT and ITeS firms, logistics players, fintech companies and professional consultancies. As businesses seek efficiency, accessibility and value beyond Mumbai’s saturated core zones, the addition of premium residential housing within Wagle Estate is aligned with changing lifestyle aspirations.

    The growing commercial vibrancy has also strengthened Wagle Estate’s position as an office ownership destination. Compared to traditional central business districts, office ownership here remains more accessible for professionals, startups and family-run enterprises. Owning offices in this micro-market allows businesses to move away from escalating rentals while benefiting from consistent demand, improving rental yields and steady capital appreciation.

    This commercial upswing has simultaneously driven residential demand toward Wagle Estate. Professionals are increasingly prioritising quality housing close to workplaces, making the walk-to-work and live-near-work model a practical lifestyle choice. The area’s resurgence has triggered interest in premium and mid-segment homes, offering families reduced commuting fatigue, better time management and access to social infrastructure within a compact radius.

    Wagle Estate’s reinvention highlights its positioning as a self-sustained cluster with independent economic engines and lifestyle anchors. As Thane continues its transition into a self-sufficient municipal area, Wagle Estate contributes a distinct blend of commercial depth and residential pull, emerging as one of the city’s strongest growth drivers.

    While comparisons with BKC are often drawn, Wagle Estate’s evolution is less about replication and more about intent and philosophy. Rather than mirroring Mumbai’s premier business district in scale, the vision is to create a model aligned with Thane’s lifestyle demographics and growth objectives. As momentum continues, Wagle Estate is set to redefine Thane’s skyline through a new generation of residential and office spaces.

    About Dosti Realty 

    For over four decades, Dosti Realty has been a symbol of trust and excellence in real estate transforming both locations and lives. Driven by a deep understanding of evolving customer needs, we have delivered 17 mn. sq. ft. across 143+ properties, shaping over 23,500 residences into homes where families thrive. Guided by our ethos, ‘Friends for Life’, we focus on thoughtful design, timeless architecture, and a seamless home-buying experience from regular construction updates to exceptional post-possession support. Through years of listening, learning, and innovating to meet the aspirations of homebuyers we build more than just structures; we create spaces that foster connection, harmony, and a true sense of belonging. With over 21 mn sq. ft. of upcoming developments across Mumbai Metropolitan Region and Pune, including residences, schools, commercial spaces, retail, and IT parks, we remain committed to trust, transparency, quality, and timely delivery building brighter futures and nurturing communities for generations to come.

    Visit: www.dostirealty.com

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  • Maulik Shah Left a INR 110-Cr Family Business to Build a Defence-Grade Manufacturing Powerhouse

    Maulik Shah Left a INR 110-Cr Family Business to Build a Defence-Grade Manufacturing Powerhouse

    Rajkot (Gujarat) [India], February 10: In Indian business families, there is often an expected path to join the legacy, expand what already exists, and keep the wheel turning. For Maulik Shah, the founder and Managing Director of Aditya Engimach, the more comfortable route was available early—joining his family’s established business, valued at around ₹110 crore. But he chose otherwise.

    Today, His Factory Helps Power India’s Defence, Infrastructure, Aerospace, and More.

    Choosing entrepreneurship over legacy, Maulik Shah founded Aditya Engimach to manufacture forged and precision-engineered parts for India’s most critical industries.

    “I had the option to step into something already built,” Shah says. “But I wanted to build something of my own, something that would be defined by capability and precision, not inheritance.”

    In 2010, he founded Aditya Engimach in Rajkot, Gujarat, positioning it not as a generic job shop but as a precision supplier built to serve high-spec, high-accountability industry segments—where traceability, compliance, and reliability are non-negotiable.

    Aditya Engimach operates in the world of forged and precision-engineered components—parts that often don’t get seen by end customers but carry heavy responsibility inside machines and systems.

    The company’s core offerings include closed-die forging, seamless rolled ring forging, and CNC/VMC-based precision machining components. On its market-segments listing, Aditya Engimach serves a wide range of industries: defence, aerospace, railways, oil & gas, pressure equipment spares, power transmission, turbines & wind mill, gear & gearbox, bearings, automobiles, and machine tools & precision components, among others.

    Shah frames the company’s growth as part of a broader national shift toward building deeper manufacturing capability within India. In sectors like defence, railways, power transmission, and oil & gas, he believes “Make in India” has to mean more than assembling parts.

    “It has to mean investing in precision processes, quality systems, and shopfloor capability so Indian suppliers can meet demanding specifications, reduce import dependence, and compete globally. This is the time for India to emerge as a strong global supplier, especially amid shifting US trade dynamics,” he says.

    By building a high-spec forging and machining operation out of Rajkot, Shah positions Aditya Engimach as part of that ecosystem—helping Indian industry source critical components domestically, strengthening supply chains, and creating skilled manufacturing jobs locally.

    Aditya Engimach operates from a facility of roughly 90,000 sq. ft., with a portfolio of 1200+ custom-engineered products and 50+ global clients. The company has been expanding steadily at 15–20% year-on-year, reflecting sustained demand in precision-driven segments.

    For Shah, the entrepreneurial decision wasn’t only about taking a risk—it was about building something that can stand up to global expectations.

    “When you operate in sectors where failure isn’t an option, you don’t get credit for intent,” he says. “You get credit for consistency.”

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  • MGM Anand Muthu Spearheads MGM Muthu Group’s 60 Cr. (USD 6.54 million) Strategic Entry into Kumbakonam

    MGM Anand Muthu Spearheads MGM Muthu Group’s 60 Cr. (USD 6.54 million) Strategic Entry into Kumbakonam

    Kumbakonam (Tamil Nadu) [India], February 09: MGM Muthu Group, a powerhouse in the Indian hospitality sector, has announced its latest milestone with the ₹40 crore ($4.36 million USD) acquisition of a premier 10-acre estate in the historic temple city of Kumbakonam. Supplemented by an additional ₹20 crores ($2.1 million USD.) investment for a comprehensive luxury overhaul, the property is set to debut as MGM Paradise, Kumbakonam, in mid-April 2026.

    This acquisition marks the Group’s seventh hotel in India, signaling a bold step forward in its mission to blend world-class contemporary hospitality with the deep-rooted cultural heritage of the subcontinent’s most revered destinations.

    Strategically positioned between the bustling main road and the serene riverfront, MGM Paradise Kumbakonam offers a much coveted combination of accessibility and tranquil seclusion. The resort is being meticulously developed to cater to a diverse demographic, from spiritual seekers and heritage enthusiasts to corporate groups and destination wedding parties.

    The development will unfold in two strategic phases, initially launching with 50 keys alongside signature dining and leisure facilities, eventually expanding to a full 100-room inventory. Each spacious room is a tribute to the region’s storied past, drawing architectural inspiration from Chettinad traditions and bearing the names of legendary Chola dynasty kings.

    The guest experience at MGM Paradise is designed to be as immersive as it is luxurious. Culinary offerings will center around a multi-cuisine restaurant featuring live kitchens that celebrate authentic Chettinad flavors, complemented by a chic café for artisanal coffee and light bites. For events and leisure, the resort will boast a traditional Mandapam for grand celebrations, a riverside amphitheatre for cultural performances, a curated spa, and a vibrant holiday activity zone.

    These amenities, paired with a stylish swimming pool and bar, ensure the property serves as both a cultural hub and a premier leisure retreat.

    MGM Anand Muthu, the Managing Director of MGM Muthu Group says, “With MGM Paradise Kumbakonam, we are creating more than just a luxury retreat; we are building a destination with a soul. Our core philosophy for this project is a seamless amalgamation of heritage, hospitality, and humanity.”

    Beyond its role as a luxury destination, this project serves as a significant economic catalyst for the Kumbakonam region. By prioritizing local employment and partnering with regional artisans and suppliers, MGM Muthu Group is reinforcing its commitment to sustainable growth and community development. This high-impact expansion not only strengthens the Group’s financial and strategic footprint in India but also establishes MGM Paradise Kumbakonam as a marquee brand milestone – a vision brought to life through the exceptional architectural illustrations and design work of the RAIN Group.

    “By integrating sustainable practices and fostering local talent, we aim to set a new benchmark for responsible tourism one that honors the spiritual essence of Kumbakonam while driving long-term prosperity for the local community.” Opines MGM Anand Muthu.

    As the Group gears up for the mid-April launch, the announcement sets a new benchmark for hospitality in South India, building early demand and cementing the MGM brand’s reputation as a serious, growth-oriented leader in the industry.

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  • Building Brands Through Insight and Innovation: An Exclusive Interaction with the Team Behind Reddy Marketing Agency

    Building Brands Through Insight and Innovation: An Exclusive Interaction with the Team Behind Reddy Marketing Agency

     Reddy Marketing Agency reflects on how integrated thinking, audience insight, and meaningful storytelling are shaping sustainable brand growth in the digital era.

    Noida (Uttar Pradesh) [India], February 09: The digital ecosystem today is louder, faster, and more competitive than ever before. Brands are publishing content daily, investing in multiple platforms, and chasing short-term visibility. Yet, despite increased activity, many struggle to create long-lasting impact. In this environment, marketing success is no longer defined by how frequently a brand appears online, but by how clearly it communicates its purpose.

    In a recent editorial interaction, members of the Reddy Marketing Agency team shared their observations on how brand-building has evolved and why insight-led, integrated strategies are becoming central to sustainable growth. The discussion focused less on tactics and more on philosophy—how brands can remain relevant without becoming repetitive, and visible without becoming intrusive.

    Consistency Over Intensity

    One of the key themes that emerged during the interaction was the misconception that growth requires constant intensity. According to the team, brands often exhaust resources trying to “do everything at once” instead of building clarity over time.

    “Marketing doesn’t reward chaos,” a senior team member observed. “It rewards consistency. Brands that focus on doing a few things well—and doing them repeatedly—tend to build stronger recall and trust.”

    Rather than treating marketing as a series of disconnected pushes, the agency emphasized the importance of viewing it as a long-term process where refinement matters more than frequency.

    REDDY -pnn

    Moving Beyond Campaign-Centric Thinking

    The conversation also touched on the limitations of campaign-driven marketing. While campaigns can generate short bursts of attention, they often fail to create lasting brand value if not supported by a broader system.

    “Visibility can come from a single moment,” the team noted, “but credibility is built over many interactions.”

    This shift—from isolated campaigns to interconnected brand systems—has become increasingly important in a multi-platform environment. When content, SEO, PR, and social media operate in alignment, audiences receive a consistent message regardless of where they encounter the brand. This coherence, the team suggested, plays a critical role in how brands are perceived over time.

    Content That Serves a Purpose

    Content marketing remains one of the most widely used strategies across industries, but its effectiveness depends heavily on intent. The agency highlighted that content should not exist merely to fill calendars or meet output targets.

    “Audiences engage when content respects their time,” one strategist explained. “If it doesn’t answer a question or add clarity, it’s unlikely to leave an impression.”

    By grounding content creation in audience research, search intent, and behavioral insights, brands can ensure that what they publish remains both relevant and discoverable. This approach, the team noted, also helps content perform better organically, reducing dependence on paid amplification.

    Public Relations in a Digital Context

    Public relations was another area discussed during the interaction, particularly its changing role in the digital age. Traditional PR models, focused solely on media coverage, have expanded to include online perception and credibility-building.

    “PR today is about how a brand is understood, not just where it is mentioned,” the team shared.

    With audiences researching brands across search engines, news platforms, and social media, reputation management has become an ongoing process. A transparent digital presence, supported by consistent messaging, helps brands establish authority and trust across channels.

    Balancing Technology with Human Insight

    While analytics, automation, and AI-powered tools are now integral to marketing, the agency stressed that technology alone cannot replace judgment.

    “Tools provide data, but decisions require context,” a team member said. “Numbers tell us what happened, but experience helps us understand why.”

    This balance between technology and human interpretation allows strategies to remain adaptive without losing originality. It also ensures that creativity remains guided by insight rather than trends alone.

    Looking Toward the Future

    As the conversation turned toward what lies ahead, the team reflected on emerging trends such as short-form video, evolving SEO practices, and performance-driven storytelling. However, they emphasized that while formats may change, foundational principles remain constant.

    “Platforms will evolve, algorithms will shift, but honesty and audience focus will always matter,” the team concluded.

    In a landscape driven by speed and scale, brands that prioritize clarity, relevance, and consistency are better positioned to grow sustainably.

    Rethinking Modern Brand Building

    The interaction highlighted a broader industry truth: marketing is no longer about louder messages, but clearer ones. As audiences become more selective and platforms more saturated, brands must rethink how they communicate—not by doing more, but by doing better.

    In a fragmented digital world, insight-led integration may well be the difference between being noticed briefly and being remembered meaningfully.

    So as brands continue to chase visibility, the question remains—are they building attention for today, or trust for tomorrow?

    Disclaimer

    This article is intended for informational and editorial purposes only. The views expressed are based on an independent interaction and should not be construed as promotional content or an endorsement of any organization or service.

    Company Details

    Reddy Marketing Agency
    Website: https://www.reddyagency.in/
    Instagram: https://www.instagram.com/reddyagency
    Email: business@reddyagency.in

    Disclaimer: The content is informational in nature and should not be interpreted as an endorsement or advertisement.

  • Sundaram Alternates Invests Rs 80 Crores in Vijay Raja Homes, Reinforcing Trust Built Over 75 Plus Years

    Sundaram Alternates Invests Rs 80 Crores in Vijay Raja Homes, Reinforcing Trust Built Over 75 Plus Years

    Chennai (Tamil Nadu) [India], February 09: The Vijay Raja Group has secured strategic funding of ₹80 crore from Sundaram Finance, strengthening the Group’s financial position and reinforcing institutional confidence in its governance and execution capabilities. The funding will be utilised to accelerate the completion of ongoing residential projects, enhance construction momentum, and support the launch of new developments. This strategic investment marks an important milestone in the Group’s continued growth and long-term vision.

    A Legacy Built Over More Than 75 Years

    With a legacy spanning over 75 years, Vijay Raja Group has carved out its name in the fields of healthcare, construction, and hospitality through the operation of seven registered group companies. A simple entrepreneurial effort has grown into a diversified entity recognized for operational excellence, financial prudence, and sustained value creation.

    Among the oldest and pioneering backward-integrated real estate companies in South India, the Vijay Raja Group has been in the construction business for a while. Encompassing integrated land acquisition, design, construction, and delivery have enabled the Group to consistently deliver quality control, cost efficiency, and timely project execution across market cycles.

    Today, the Group is supported by a well-intended work force of over 500+ on-roll professionals and more than 3,000+ direct labourers, forming one of the strongest in-house execution teams in the regional real estate landscape. This scale and capability have been instrumental in delivering projects across varied residential formats and locations.

    Exceptional Track Record of Completed Projects

    Over the years, Vijay Raja Group has built a diverse range of residential buildings and earned a solid reputation for providing high-quality construction and service to their clients through effective project planning with the end-user in mind.

    The Group has completed several projects, including Navarathana, 3 Cubes, Akshyam, Kurinchi, Sanctuary, Mullai, Nanchil, Periyar Nagar, Subhiksham, VR Nagar Maruntham Garden, Anandham, Thabavan Nest, Kudil, Kanchi, VR Nagar Nadukuppam, Swarnam, Akshayam Cheyyur, Virutcham Variyar Nagar, Spruce, Century Court, August, Ideal Homes, Classic, Exurb, and others.

    As a result of its completed projects, the Group has established a strong brand and loyalty with repeat buyers, which will lead to long-term relationships with both homebuyers and investors.

    Strategically Funded for Enhanced Performance

    The ₹80 crore investment provided by Sundaram Finance will create a strategic partnership with an institutional entity, which reflects Sundaram’s belief in the standards of governance, financial management, and delivery of the Vijay Raja Group. The funding will be used to support the completion of the Group’s active projects within the proposed time frame, enhance the efficiency and quality of construction processes and ensure continuity in maintaining quality standards.

    This financing will also improve the balance sheet of the Group and allow for a more efficient management of construction cycles while sustaining continued focus on transparency and customer satisfaction.

    Ongoing Projects Driving the Next Phase

    The Vijay Raja Group continues to make strides in a number of key residential property development projects. Some examples include the VRX Fete and VRX 360 projects, as well as the VRX Terrace project, which show how the Group’s design philosophy is evolving and the emphasis being placed on infrastructure-led locations. The completion of these projects is supported by the new capital raised to ensure certainty in their completion dates and construction quality.

    Growth Outlook into 2026

    The infusion of ₹80 crores into the Group’s Capital Structure will allow Vijay Raja Group to expand into the next phase of growth and fulfil the development requirements of ongoing projects, while also allowing for the introduction of a pipeline of 600,000 square feet of new development properties during the first half of 2026.

    It is projected that the Group will generate revenues in excess of ₹350 crores from these additional properties when completed, demonstrating the Group’s balanced approach towards growth by integrating careful growth strategies with strong operational execution and market alignment.

    Going forward, the Vijay Raja Group will continue to identify areas with strong potential for infrastructure growth, improved connectivity and long-term urban growth patterns, and develop project plans in those areas that emphasise easy access, quality living conditions and long-term appreciation of value.

    Commitment to Sustainable Growth and Trust

    Vijay Raja has built a reputation for creating high-quality, trusted, and transparent products through its commitment to sustainable development, trustworthiness, and resilience. Over decades of working through economic cycles, Vijay Raja has maintained a strong commitment to creating and maintaining long-term relationships with customers, partners, and shareholders.

    Sundaram Finance’s strategic investment in Vijay Raja provides a solid financial base for Vijay Raja to continue as an established, credible, and aligned real estate development company in South India. In many ways, this partnership represents more than just a financial investment – it reflects the ongoing shared commitment between the two organizations to the future of urban living.

    The strong legacy, proven track record of delivery, and well-defined trajectory of growth establish Vijay Raja’s continuing role in creating residential environments and providing long-term value to its customers, investors, and stakeholders.

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  • Garment Mantra Lifestyle Ltd. Reports Earnings for 9MFY26, PAT Jumps 499 Percent YoY

    Garment Mantra Lifestyle Ltd. Reports Earnings for 9MFY26, PAT Jumps 499 Percent YoY

    Tiruppur (Tamil Nadu) [India], February 09: Garment Mantra Lifestyle Ltd. (BSE: 538216), a leading player engaged in the manufacturing and selling of Knitted Fabrics as well as Knitted Garments, has announced its results for the quarter and nine months ended 31 December 2025.

    For the quarter ended 31 December, 2025 (Cons.), the company reported revenue from operations at Rs. 9891.02 Lakhs (Q3FY26), growing 348.39% YoY from Rs. 2205.90 (Q3FY25). EBITDA was reported at Rs. 647.51 Lakhs (Q3FY26), growing 447.54% YoY. PAT rose 2296.15% YoY to Rs. 427.45 Lakhs.

    For the nine months ended 31 December, 2025 (Cons.), the revenue from operations was reported at Rs. 20108.92 Lakhs (9MFY26), growing 106.53% YoY. EBITDA came in at Rs. 1544.53 Lakhs (9MFY26), growing 178.72% YoY. PAT reported at Rs. 939.18 Lakhs (9MFY26), growing 499.94% YoY.

    Garment Mantra Lifestyle Limited enters the fourth quarter on the back of demonstrated execution strength and a robust operating track record. The Company has successfully crossed ₹100 crore in export revenues, underscoring its established capabilities in servicing global buyers and executing large-scale apparel programs across markets.

    Order inflows during the year have remained strong across export and institutional segments, reflecting sustained customer confidence and repeat business. The institutional segment continues to provide consistent, high-volume orders, enabling predictable production planning, efficient capacity utilization, and operating leverage.

    Supported by a diversified customer base across geographies and product categories, the Company benefits from strong revenue visibility and resilience against demand volatility. This positions Garment Mantra to sustain profitability, deepen economies of scale, and selectively expand across both premium and mass-market apparel segments during the remainder of the financial year.

    As on date, the Company’s unexecuted order book stands at approximately ₹40 crore on a consolidated basis.

    Garment Mantra Lifestyle Limited is a Tirupur based apparel manufacturer and wholesaler with over 25 years of industry experience. The Company has established itself as a reliable supplier of high-quality apparel products, combining Indian textile craftsmanship with contemporary global designs.

    Under the leadership of its Chairman & Managing Director, Mr. Prem Aggarwal, the Company has evolved from a domestic-focused player into a growing export-driven enterprise. With a clear focus on export markets, product diversification, and operational excellence, Garment Mantra Lifestyle Limited continues to strengthen its footprint across international markets while contributing to India’s textile export growth story.

    Domestically, the company continues to strengthen its wholesale network through hubs in Tirupur and Surat, enabling efficient service and competitive pricing across India’s major regions. Its recent start of Tamil Nadu distribution network will further enhances to its nationwide reach in same model.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • KRAFTON RECORDS ANNUAL REVENUE OF KRW 3.3266 TRILLION IN 2025

    KRAFTON RECORDS ANNUAL REVENUE OF KRW 3.3266 TRILLION IN 2025

    Bengaluru (Karnataka) [India], February 09: KRAFTON, Inc. today announced its full-year and fourth-quarter earnings for 2025 in its investor relations (IR) briefing.

    Annual revenue of KRW 3.3266 trillion, operating profit at KRW 1.0544 trillion
    – Record-high annual revenue driven by PUBG IP Franchise double-digit growth
    – New titles inZOI and MIMESIS surpassed one million sales each; 15 new projects in development
    – To secure mid- to long-term growth centered on core gaming business and Franchise IPs with long-term PLCs

    Based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS), KRAFTON reported annual revenue of KRW 3.3266 trillion and operating profit of KRW 1.0544 trillion in 2025. Annual revenue increased by KRW 616.8 billion (+22.8%) year-over-year, surpassing KRW 3 trillion for the first time in company history and marking an all-time high. Annual operating profit also exceeded KRW 1 trillion once again.

    Key Performance Highlights for FY 2025

    Annual revenue by business segment recorded KRW 1.1846 trillion from PC, KRW 1.7407 trillion from mobile, KRW 42.8 billion from console, and KRW 358.5 billion from others.

    On PC platforms, the PUBG: BATTLEGROUNDS IP reached its highest annual revenue, having recorded 16% year-over-year growth. User engagement and traffic increased, as cultural elements were incorporated into gameplay via major collaborations with global artists and luxury brands, alongside diversified game modes. The November collaboration with luxury automaker Porsche particularly delivered the strongest performance among all supercar collaborations in PUBG history. inZOI and MIMESIS also contributed to revenue growth as they both surpassed one million units sold each since launching in March and October, respectively. With this, fourth quarter PC revenue reached KRW 287.4 billion, up roughly 24% year-over-year.

    On mobile, PUBG MOBILE continued to record growth by steadily expanding its core fanbase through new themed modes and World of Wonder (WoW) UGC updates. Additional growth was supported by cross-platform collaborations with PUBG PC and console, reinforcing a virtuous cycle across the broader PUBG IP Franchise and generating long-term growth momentum. BATTLEGROUNDS MOBILE INDIA (BGMI) also maintained stable performance, solidifying its position as a national game through India-exclusive skins, customized premium items, and strategic partnerships with well-known local brands. Compared to 2024, the number of paying users for PUBG MOBILE and BGMI increased by 5% and 27%, respectively.

    Other revenue surged 963% year-over-year, as it included the consolidated performance of ADK Group (ADK) and Neptune.

    Meanwhile, fourth quarter revenue totaled KRW 919.7 billion. A one-time expense of KRW 81.6 billion relating to a joint labor welfare fund covering the next four years—in line with the company’s plans to relocate to its new headquarters in Seongsu, Korea—was reflected in the quarter’s operating profit, recording KRW 2.4 billion.

    Business Strategy for 2026

    Building on its core gaming business, KRAFTON outlined a strategic vision focused on expanding Franchise IPs with long-term PLCs (Product Life Cycles) and leading future-facing AI innovation. The PUBG IP Franchise will continue to deliver double-digit growth, supported by strong traffic and robust live service operations. On PC and console, KRAFTON will provide culturally enhanced experiences through collaborations with globally renowned IPs, while creating synergy across the franchise through shared content.

    In parallel, PUBG will evolve as a PUBG 2.0 gameplay platform, driven by an upgrade to Unreal Engine 5, expanded game modes, and UGC updates. The company will also continue to diversify genres and platforms, targeting wider generations and regions through new titles based on the PUBG IP. Key projects include the extraction shooter Black Budget, the top-down tactical shooter PUBG: BLINDSPOT, and the console battle royale Valor.

    Under its mid- to long-term strategy centered on Big Franchise IPs, KRAFTON is focusing resources on scaling titles into long-term PLC franchises. inZOI, Last Epoch, and MIMESIS are aimed to become genre-leading IPs through continued improvements in game quality, enhanced live service operations, and diversified content offerings.

    To secure new Big Franchise IPs, KRAFTON will explore large-scale M&A opportunities targeted at generating immediate financial performance, while also pursuing small- to mid-scale M&A transactions to boost value by securing IPs with high growth potential. The company is also advancing strategic equity investments and second-party publishing (2PP) of teams with projects nearing release or demonstrated development capabilities.

    In terms of first-party production, KRAFTON is developing 15 new projects supported by newly recruited creative leadership and elite, small-scale teams. KRAFTON plans to further expand its development pipeline through its learn-fast, scale-up approach. In line with this strategy, new titles such as Subnautica 2, Palworld Mobile, Dinkum Together, and NO LAW are gearing up for launch as KRAFTON strengthens its IP lineup across a wide range of genres and platforms.

    Moreover, KRAFTON plans to expand its business scope and boost its fundamental competitiveness by leveraging its accumulated expertise and assets from its gaming business. The company will focus on delivering new gameplay experiences powered by AI and innovation across production and live service operations, as part of its “AI for Games” initiative. Over the mid- to long-term, KRAFTON will consider opportunities to extend into new frontiers such as physical AI under its “Game for AI” initiative, building on its capabilities and technologies in gaming.

    At the same time, KRAFTON will explore adjacent new business areas based on gaming synergy. With ADK, KRAFTON aims to maximize IP PLCs by linking games and animations, while improving marketing efficiency in the Japanese market. Neptune will leverage its advertising technology to expand KRAFTON’s influence in India and use traffic from core titles such as BGMI to unfold India-focused advertising business opportunities.

    Current year’s performance (2025) Previous year’s performance (2024) Current performance (Q4 2025)
    Revenue 33,266 27,098 9,197
    Operating Profit 10,544 11,825 24

    Table Description: Based on Krafton’s consolidated financial statements, operating (provisional) results for the fourth quarter of 2025 (unit: 100 million won)

    About KRAFTON, Inc.

    Headquartered in Korea, KRAFTON, Inc. is dedicated to discovering and publishing captivating games that offer fun and unique experiences. Established in 2007, KRAFTON is built on a global network of 19 creative studios that include PUBG STUDIOS, Striking Distance Studios, Unknown Worlds, Neon Giant, KRAFTON Montréal Studio, Bluehole Studio, RisingWings, 5minlab, Dreamotion, ReLU Games, Flyway Games, Tango Gameworks, inZOI Studio, JOFSOFT, Eleventh Hour Games, OmniCraft Labs, Olivetree Games, Loonshot Games, and 9B STUDIO. Each independent studio strives to continuously take on new challenges and leverage innovative technologies. Their goal is to win over more fans by broadening KRAFTON’s platforms and services.

    KRAFTON is responsible for premier game IPs, including PUBG: BATTLEGROUNDS, PUBG MOBILE, PUBG: BLINDSPOT, inZOI, Subnautica, MIMESIS, Hi-Fi Rush, Dinkum, TERA, My Little Puppy, and more. With a passionate and driven team across the globe, KRAFTON is a tech-forward company with world-class development capabilities, continuously exploring new possibilities that enhance the gameplay experience — including AI and other emerging technologies. For more information, visit www.krafton.com.

    About KRAFTON India

    In India, KRAFTON is responsible for premier mobile games, including BATTLEGROUNDS MOBILE INDIA (BGMI), which has surpassed 250 million downloads, Bullet Echo India, Road To Valor: Empires, and CookieRun India, among others. Committed to enhancing the start-up ecosystem in India, KRAFTON has invested over $200 million in several Indian startups across interactive entertainment, gaming, Esports, and technology since 2021. KRAFTON actively supports India’s game development ecosystem through its KRAFTON India Gaming Incubator.

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