Category: Business News

  • Over 300 investors participated in the first-of-its-kind Start-up Investment Summit 2022 hosted by Unisync Angles in Surat – Primex News Network

    Over 300 investors participated in the first-of-its-kind Start-up Investment Summit 2022 hosted by Unisync Angles in Surat – Primex News Network

    Surat (Gujarat) [India], July 13: With the investor interest in startups as investment continues to grow, Surat is fast solidifying its position as Gujarat’s startup investment hub. It was evident when over 300 investors from across the country participated in the first-of-its-kind ‘Startup Investment Summit 2022’ organised on the theme ‘Angel Investing Simplified’ at Hotel Marriott.

    The goal of the Startup Investment Summit 2022 was to strengthen the country’s fast-growing startup ecosystem, encourage new entrepreneurs through investment, and recognise their contribution to the growth of the country’s economy. The summit themed on Angel Investing Simplified was attended by more than 300 Angel Investors, Industry Leaders, and ecosystem partners.

    Vineet Rai, Founder and Chairman of Aavishkaar Group, spoke to a group of investors and new entrepreneurs about his experiences investing in startups over the past 20 years and how his group manages assets worth more than $1 billion with a focus on how their investments help the startup ecosystem.

    Kashyap Pandya, Co-Founder of Unisync Angels, a global angel investment platform that provides startups with the capital they need to grow said, “Investing in startups is not only aimed at wealth creation but also for supporting innovative business ideas that can have a positive impact on society as a whole.”

    CA Mayank Desai, the Co-founder of Unisync Angels, talked about how investors’ attitudes are changing from traditional asset classes like real estate to new-age asset classes.

    Desai also said, “Surat is quickly becoming the startup investment capital of Gujarat, as more people want to invest in startups.” Unisync Angels (http://www.unisyncangels.com/) is a global investment platform started in Surat with the help of 15 well-known chartered accountants. Its primary focus is on Tier-2 and Tier-3 cities.

  • SKYEXCH, title sponsor of 6ixty, cricket’s power game – the world’s newest and most exciting cricket format starts from August 24 – Primex News Network

    SKYEXCH, title sponsor of 6ixty, cricket’s power game – the world’s newest and most exciting cricket format starts from August 24 – Primex News Network

    Basseterre [St Kitts], July 13: For the first time in the history of cricket, fans will be allowed to make an on-field decision! Yes – you read that right: the latest version of the T10 format, ‘The 6ixty’, sponsored by SkyExchgives the fans to vote for one free hit per innings. And it is no surprise that this new format introduction has come from the West Indies, the pioneer of T20 cricket and the breeding ground for some of the world’s best short-format players.

    The Caribbean Premier League (CPL) has launched a T10 tournament named ‘The 6ixty’, the title sponsored by The SkyExch. The inaugural season will take place from August 24 to 28 in St Kitts, just before the CPL 2022 season. The tournament will feature matches between all six men’s franchises and the three women’s teams, with squads expected to be at 85% strength. It is a revolutionary format with brand new innovations which will take T10 cricket to the next level.

    The first edition of THE 6IXTY will feature men’s and women’s teams competing in a new 60-ball tournament featuring many of the world’s best cricketers. Chris Gayle will be the 6ixty tournament’s Brand Ambassador this year and will be acting as host for the six teams. St. Lucia Kings, Guyana Amazon Warriors, Barbados Royals, Trinbago Knight Riders, Jamaica Tallawahs, and St. Kitts & Nevis Patriots will be the six men’s teams. The women’s teams are Trinbago, Barbados and Guyana.

    Fans can look forward to the following at the 6IXTY:

    – Each batting team has six wickets – at the fall of the sixth wicket, they are all out.

    – Each batting team has two PowerPlay overs. They can unlock the third PowerPlay by hitting two sixes in the first 12 balls. This extra PowerPlay over can be taken at any time between overs 3-9.

    – There will be 30 balls bowled from one end before the action switches to the other end for the final 30 balls.

    – The 30 balls will be delivered as 5 separate overs, with no bowler able to bowl more than 2 overs for the innings.

    – If teams do not bowl their overs within the allotted time, a team member is removed from the field for the final six balls.

    – Fans will vote for the timing of a “Mystery Free Hit” where the bowler can’t dismiss a batter.

    THE 6IXTY will hold its inaugural event from August 24 to 28 in St Kitts and Nevis at Warner Park, one of the world’s fastest scoring grounds. The 6IXTY’s future plans include the possibility of multiple events in various locations throughout the Caribbean and beyond.

    “THE 6IXTY has come about because of a close collaboration between CPL and CWI, which is the way forward,” said Ricky Skerritt, President of Cricket West Indies. “I am very excited about the innovation, excitement, and entertainment that it will provide to fans.”

    The tickets are available exclusively to Visa cardholders, with them going on general sale to all fans from Monday 11 July 2022.

    Pete Russell, Hero CPL’s CEO, said: “This is a hugely exciting moment for both CPL and Cricket West Indies as we create a tournament that will see cricket fans brought closer to the game. There will be world-class men’s and women’s cricketers taking part in a fantastic event for the Caribbean, and this, combined with cutting-edge innovations, signals a great moment for all fans of West Indian cricket.”

  • Geeken launches 4th showroom in Kirti Nagar (Delhi) Furniture Market – Primex News Network

    Geeken launches 4th showroom in Kirti Nagar (Delhi) Furniture Market – Primex News Network

    Geeken Managing Director Mr. Kedarnath Pandey, Director Geeta Pandey along with CEO Rajiv Kapoor, Gurmeet Singh, Mandeep Singh Juneja, Naveen Gupta

    July 13: India’s leading furniture company Geeken Seating Collection Pvt Ltd. has launched its 4th showroom in the furniture market of Kirti Nagar. Earlier, there were two showrooms in Manesar and one in Chandigarh. Geeken has also decided to set up this showroom as an experience centre with an area of 9000 square feet. So that customers of furniture do not have trouble choosing and viewing their favourite furniture. The showroom was inaugurated by the company’s Managing Director Mr. Kedarnath Pandey, and Director Geeta Pandey.

    Geeken has more than 30 years of experience in the furniture business. In the field of furniture business, Kirti Nagar is considered to be the biggest market as a hub of furniture. Geeken Company has major showrooms in Manesar and Chandigarh. But the establishment of any furniture businessman in Kirti Nagar Furniture Market is considered a big achievement. Apart from the office furniture, all the best designs of hospital and lab furniture are kept in the showroom. Company’s Managing Director Kedarnath Pandey, Director Geeta Pandey CEO Rajiv Kapoor, Head Projects Gurmeet Singh, General Manager (Sales & Marketing-B2C Segment) Mandeep Singh Juneja, Head Corporate Communication Naveen Gupta, besides many big businessmen were present at the launch of the showroom.

    Shri Kedarnath Pandey said that they want to give a new feel to the customers by providing world-class quality furniture. Building on the experience of more than 30 years, we are striving to provide our clients with customized furniture designs according to their needs and preferences. In this era of fashion, along with fashion, our priority is also quality.

    On this occasion, the company’s CEO Rajiv Kapoor said that we have more than 500 dealer networks in India. Due to this, the company has set a target of selling 1000 crores in the next two years. The company will also launch new models to meet the target.

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  • Indian Singer Nyvaan Sharma Proposes Bridge Courses for Universities – Primex News Network

    Indian Singer Nyvaan Sharma Proposes Bridge Courses for Universities – Primex News Network

    July 13: Nyvaan Sharma, a singer, social reformer, and Youth Ambassador for the Youth Federation for World Peace has written to the Director of Higher Education requesting the implementation of bridge courses at institutions due to the academic loss brought on by COVID-19. According to him, when classes were conducted online during the COVID-19 period, bridge courses might be used to review the concepts and lectures from that time.

    In the letter, Chandan Sharma A.K.A Nyvaan Sharma remarked that such courses will unquestionably help students understand the concepts and subjects better and close the learning gap.

    “Academic courses have been offered online for the past two years as a result of the COVID-19 outbreak and the ensuing lockdown. This caused the students to lose learning and accumulate confusing information.” He wrote in the letter dated July 11.

    Additionally, he has requested that the faculty’s knowledge should be used to elucidate important concepts so that students would be able to understand forthcoming themes and lectures.  He said that this would help students’ capacity to cope with the demands of offline courses as well as their understanding of fundamental topics.

    A copy of the letter was also sent to Shri Dharmendra Pradhan, Hon’ble Education Minister, Government of India. To discuss the proposal and other concerns about better benefits for students, Nyvaan indicated that he will meet with the Director of Higher Education in New Delhi the following week.

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  • HECS Organizes Technical Seminar on MBR-based STP & ETP for Hospitals Jointly with PWD (Medical Division) & CMC Vellore – Primex News Network

    HECS Organizes Technical Seminar on MBR-based STP & ETP for Hospitals Jointly with PWD (Medical Division) & CMC Vellore – Primex News Network

    Delegates Site Visit to 2 MLD MBR-based STP at CMC, Vellore

    July 13: Hubert Enviro Care Systems (HECS) P Ltd conducted a “Technical Seminar on Membrane Bio-Reactor (MBR) based Sewage and Effluent Treatment Plants in Hospitals” jointly with PWD.

    (Medical Division) and Christian Medical College (CMC), Vellore on 8th July 2022.

    During the seminar, Mr. K. Ayeratharasu Rajasekharan, Superintending Engineer, PWD Medical Wing Chennai, emphasized, “It is high time to promote the sustainable development in need for reclamation of Sewage and Effluent Wastewater from Hospitals aiming at Zero Liquid Discharge (ZLD), to reduce the consumption of fresh water and also to comply with the Pollution Control Board norms”.

    In this seminar, the success story of the implementation of Mitsubishi Membrane Bio-Reactor (MBR) Technology-based Sewage Treatment was presented by Dr. Lallu Joseph, and the site visit was facilitated by Mr. David Chandran, Gen. Superintendent, CMC Vellore.

    The twenty-year-old sewage treatment plant, which was refurbished in 2020 by HECS, the following, incorporates MBR Technology using Mitsubishi Membrane, a fully automatic unit plant, and a sludge dewatering system with state-of-the-art centrifuge technology, with excellent acoustic measures. This plant also continuously provides excellent water quality with minimum human interface and very low chemical and consumables.

    It was preceded by a technical site visit to the 2 MLD MBR Based STP, which is one of the largest in-hospital sectors in the country and 100 KLD ETP, which has been fully automated and operational since October 2021. PWD Officials and other local industries were actively involved in the site visit and the seminar.

    The technology discussion was concluded by Dr. J. R. Moses, CEO of HECS, highlighting the changes in the technology and process in sewage treatment from pre-second world war times till date, warranting enormous optimization and providing excellent opportunities for complying with zero discharge capabilities of reusing the Hospital sewage and effluents for flushing (non-hospital areas), cleaning, gardening etc.

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  • Newton Biocapital implements PE Front Office to manage its Deal Pipeline – Primex News Network

    Newton Biocapital implements PE Front Office to manage its Deal Pipeline – Primex News Network

    This engagement enables Newton Biocapital to streamlines its entire deal evaluation and tracking process – from due diligence to commitment.

    New Delhi, July 13: PE Front Office, the end-to-end integrated solution for Alternative Investment Management, announced that Newton Biocapital, a Belgium-based venture capital fund, has implemented PE Front Office to manage its deal pipeline efficiently.

    This engagement enables Newton Biocapital to utilize the PE Front Office solution for streamlining their entire deal evaluation and tracking process — from due diligence to commitment.

    Speaking on this association, Danny Gonnissen (COO, Newton Biocapital) said “A speedy and smooth implementation and we look forward to using the PE Front Office platform to efficiently manage deal opportunities from Europe and Japan”

    Raghav Gupta (Senior Director, PE Front Office) said, “We are glad to onboard Newton Biocapital as our customer. We look forward to working with and fully supporting the Newton Biocapital team.”

    About Newton Biocapital

    Newton Biocapital is a venture capital fund incorporated in Belgium, focused on financing biotech and life science projects in the “core of Europe”​(B, NL, D, F) and Japan for the prevention and treatment of chronic diseases.

    Newton Biocapital’s mission is to support the creation of innovative but affordable solutions that will greatly improve the quality of life of patients suffering from chronic diseases.

    About PEFront Office

    PE Front Office is the only comprehensive and integrated suite of products that have been developed with a focus on the front and middle office processes for alternative investment management – Private Credit/Debt, Private Equity, Venture Capital, Fund of Funds, Real Estate Funds, Limited Partners, and Fund Admins.

    The PE Front Office solution is available both as a cloud-based subscription model and as one that can be deployed on the client premises. PE Front Office software-as-a-service (SaaS) solution is hosted on a fully secure, virtual, private cloud that is dedicated and exclusive to each customer.

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  • Woman-Led SaaS Start-up Task Tracker Raises Seed Funds – Primex News Network

    Woman-Led SaaS Start-up Task Tracker Raises Seed Funds – Primex News Network

    New Delhi [India], July 13: Task Tracker, a vernacular people management tool (web and mobile application) for businesses to improve efficiency and productivity, has raised an undisclosed amount in their seed round led by IIT Mandi Catalyst, IIT Mandi iHub & HCI Foundation, Elina Investments, Mintosh Advisory, Karandeep Singh Vohra from the Oxford Alumni Network, POD World, Laveesh Bhandaria leading Economist & Founder of Indicus Foundation & Salil Bhandari, Founder BGJC.

    Task Tracker, a SaaS Enterprise startup, was founded by the husband-and-wife duo of Rishab & Neha Chandra in 2021.

    Task Tracker was initially created for their personal use. They saw businesses struggling to adopt the technology due to the high cost and complexity of the available tools, converting Task Tracker into a product for their customer base after seeing its benefits. It has become extremely popular in a very short span of time.

    Neha Chandra, CEO, said that the new funds would be used to further grow the product suite & revenue and for faster customer acquisition.

    Today, Task Tracker has over 4000 users across firms in several industries. And this is just by using its Product Led Growth method and no formal marketing.

    According to a Motilal Oswal survey conducted recently, India has the world’s third-largest SaaS ecosystem, after the United States and China. Indian companies are promptly establishing themselves in the SaaS Enterprise sphere, with a moto built in India for India and the world.

    For more information, visit tasktracker.in

  • Sohan S Das releases new book Armnesia, a story of an Amnesiac Soldier – Primex News Network

    Sohan S Das releases new book Armnesia, a story of an Amnesiac Soldier – Primex News Network

    June 12: We have always heard stories of soldiers full of bravery and ready to sacrifice life for their own country. But this story ‘Armnesia’ penned down by Sohan S Das is a story about exploring the tribulations of an amnesiac soldier who is the failed subject of biological warfare mixed with traitorous intent from a high-ranking scientist. It is the author’s first fiction work; he wrote this quick-read thriller for teens, tweens, and anyone who enjoyed reading as a teenager.

    The book, published by Clever Fox Publishing, depicts the story of the lead protagonist Anthony Allen. He finds himself tied to a chair in the back of the plane, with no memory of who he is, where he is, and what he was doing. On his journey to regain his memory, he faces many obstacles, none of which he is prepared to deal with, leaving him scraping out of trouble until he can finally find respite.

    Talking about the novel, author Sohan S Das stated, “Since this is my first attempt at writing fiction, I feel happy to write a story about a brave soldier. While I was writing, I tried to make sure that I wrote purposefully, and that people would understand what I was trying to portray. As a writer, if the readers connect to your book, then it is the most valuable thing, and then you know that all your hard work was worth the pain of writing and re-writing. Once people read the book, I like their feedback as it helps me grow as a writer and know exactly where and how to move forward as a writer.”

    “I hope that people will enjoy my book and share their thoughts. In the future, I envision writing more, for both my own enjoyment and for others’ enjoyment. I want to explore writing in different styles and genres to further my skills as a writer” he further added.

    Armnesia, penned by Sohan S Das, is already gaining popularity among the public and is accessible on Amazon and the Clever Fox website. The writer is a young author who has always had a creative flair. His love of writing began at the age of seven when he wrote a letter from the perspective of a WWII evacuee, which was chosen for publication in his school magazine. He showed empathy and thought above his years. Since then, he has written poetry for Young Writers UK and has published scientific papers in periodicals. At the centenary of WW1, his poem “Trenches” won the St Albans Legacy Project Award. In addition to writing, Sohan is also passionate about music and plays regularly.

    If you love to read fiction thriller novels, then Armnesia by Sohan S Das is the right choice. So, get access to his book from various online platforms and start reading to go on a thrilling journey.

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  • The actor turns Director Sandeep Baswanas debut Hindi film Haryana Trailer out   – Primex News Network

    The actor turns Director Sandeep Baswanas debut Hindi film Haryana Trailer out   – Primex News Network

    July 12: The upcoming Hindi film Haryana’s trailer has been launched in Mumbai. Actor turned director  Sandeep Baswana,  Yash Tonk, Ashlesha Savant, Robbie Marih, Monica Sharma, and Aakarshan Singh were present at the launch.

    Haryana is a story of 3 brothers. Mahender is the eldest brother, and Jaibeer, the second brother, studies in Hisar. Jugnu is the youngest one who is spoiled with the love and comforts of a normal 20-year-old. All 3 brothers fall in love and that’s the foundation through which the story unfolds. Jugnu is a movie buff. That’s his passion and only love. He’s happy living in the village with his 3 best friends lazing and frolicking through life as long as he gets to watch Hindi movies. On one such day for the first time when he watches an Alia Bhatt movie, his innocent heart falls in love with Alia Bhatt. From then onwards, the story takes a twist and turns and how Mahender does everything to protect and give utmost importance to his brother’s feelings.

    At the trailer launch, the director Sandeep Baswana quoted that for authenticity it was extremely crucial to justify the true love of an innocent boy.  The team had to wait and follow all the protocols required for the same. Haryana is a romantic comedy, yet it also shows the brotherly bonding and love between the brothers. It’s a sweet, romantic comedy. The cast and crew hope the audience will also give love and support to the film.

    ‘Haryana’ is a romantic comedy produced by B. Raja & Sandeep Baswana under the banner Raja Baswana Films. Sandeep Baswana is the writer, director, and Lyricist. Sanyukta Kaza and Jitendra Dongare have edited the film. The Background Score is given by Guru Dhanoa & Mohit Pathak. Mohit Pathak is also the music director of the film. and music production is done by Guru Dhanoa. Swapnaneel Jayakar is the Creative Producer. Santosh Jha is the executive producer. Bhanu Prakash Jha is the associate director. Renuka Kadiyan is the costume designer .Late Johnny Lal is the cinematographer. Visual Promotion is done by Satya Sharma, the third Eye studio in Mumbai. Digital marketing for music is done by Eyp_digital.  The film has been shot in Haryana and Mumbai and is all set to release on 5th August 2022.

    Trailer link: https://www.youtube.com/watch?v=enlStDL9qqw

  • Vinay Prakash Tiwari wins the prestigious National MSME Award 2022 for his venture-Investing Daddy – Primex News Network

    Vinay Prakash Tiwari wins the prestigious National MSME Award 2022 for his venture-Investing Daddy – Primex News Network

    July 12: The inventor of a leading investment advisor platform (LTP Calculator)-InvestingDaddy, Mr Vinay Prakash Tiwari took home the prestigious National Business excellence award 2022. The awards were aimed at lauding and felicitating the achievers and go-getters from the emerging MSME sector.

    The prestigious National MSME Award 2022 award was presented to the company’s founder, Mr Vinay Prakash Tiwari, at a star-studded function, on 9th July 2022 (Saturday) at Hotel Holiday inn Jaipur, Rajasthan. The evening graced by the Hon’ble Governor of Rajasthan Shri Kalraj Mishra as the Chief guest was well-attended by eminent positionalities, corporate leaders, and MSME industry professionals.

    On receiving the most sought-after awards in the business sector, Mr Vinay Prakash said, “Investing Daddy is a SEBI registered Investment Adviser company, is on a mission to contribute a maximum of 100% financial literacy in India. True to our name, the platform was set up in 2018 with a vision to nourish every investor and turn them into disciplined traders so that they earn a regular income and generate wealth for a safe future.”

    As a services/products provider, Investing Daddy is growing exponentially in the traders’ community. Its LTP Calculator is an option snapshot data-based tool that receives data from the National Stock exchange & displays to its subscribers the calculation of reversal prices on every strike price, which is derived by Mr Tiwari. LTP calculator is an amazing & really popular tool among intraday traders for the Cash future & options segment. Furthermore, Investing Daddy provides unlimited access to its learning platform for stock market practitioners searching for a perfect mentor.

    Interestingly, Mr Vinay Prakash Tiwari, a Varanasi-based entrepreneur who comes from non-business family background, was inclined towards entrepreneurship from the beginning. After completing his education, he started his career as a share broker in 2009, followed by his research about options Greeks in 2013-14. With his hard work and dedication, the skilled professional rose to heights and finally launched his manual LTP calculator project in 2021.

    With sharp business acumen and foresight, the entrepreneur kept his platform free for all aspiring traders. As a result, the portal started trending top on google from the first month of its launch. Later, on public demand, Mr Vinay further expands its product dimension by launching the Automatic LTP calculator with amazing features.

    The founder-director holds a Master’s degree in Business Administration and carries an experience of 13 Years in the securities market. The successful business leader is a pro in this field and has curated excellent theories on Stock Market calculation, including his famous 6 Kinds of Reversal Theory, Support & Resistance on Option Chain, Concept of Imaginary line, Strength of Support & Resistance, Chart of Accuracy 1.0 & 2.0. The calculation, & investment based on these theories, can play a vital role in getting high returns for new and existing investors in the financial market. He provides lectures and training to all the community members about these theories. His columns and know-how are often featured in Business Standard, Zee5, ANI& Hindustan Times. The sharp financial expert was recently interviewed at Zee Business in the show THE LTP CALCULATOR.

    Presently he and his team are looking for expansion and have plans to launch their broking platform with an inbuilt LTP Calculator so that people can also place their trades. Website – www.ltpcalculator.com

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