Category: Business

(Uttarakhand) [India], July 15: India, like the rest of the world, is battling the Covid-19 pandemic. The Oxygen plants across the nation play a critical role in supporting the healthcare system to stem the tide of COVID-19.

M/s Linde India Limited, one of the leading medical grade Oxygen producers in India, faced an issue with the Yokogawa operating station in their ASU (Air Separation Unit) plant in Selaqui, Dehradun, Uttarakhand. The Linde plant produces 150 metric tonnes of oxygen per day. The technical team of Yokogawa India responded promptly, and with this timely support, the issue was addressed, and the functioning of the operating station was restored within a few hours.

As per the M/S Linde team, “We have been working relentlessly in producing medical-grade oxygen to ensure uninterrupted supply to the different hospitals. Every single effort put in by our partner counts.  We thank the Yokogawa team for their great support and timely efforts.”

The Yokogawa India senior management quips, “Yokogawa India is committed to building communities. We have witnessed the severe impact this pandemic had on people and communities worldwide, and it is a heartbreaking situation as it now sweeps through India. Our engineers are on the go and can go the extra mile to save lives. We will continue to support our customers while ensuring we keep our staff, partners, and operations on the ground safe. No one is safe until everyone is safe.”

Since the pandemic outbreak, Yokogawa India has been educating and training its employees on the hygienic methods and social distancing techniques to combat the Coronavirus.

To combat the challenges of the pandemic, the Yokogawa team has developed new work practices and engineering controls, following the WHO guidelines. Yokogawa India has also embarked on a vaccination drive for all its employees and aims to complete it in the quickest possible time.

Nashik (Maharashtra) [India], July 16: BSE & NSE listed Karda Constructions Ltd. (KCL) (BSE: 541161; NSE: KARDA), is a leading real estate developer. In a board meeting held on 14 July 2021, the company’s board of directors has recommended the issuance of bonus shares in the ratio of 4:1, i.e. four equity shares for every one fully paid-up equity share of Rs.1/- each, subject to the approval of shareholders. The company will inform in due course the “Record Date” for determining shareholders entitled to receive Bonus Shares.

As the board of directors has recommended the subdivision of the face value of shares from Rs.2/- to face value of Rs.1/- in its meeting on May 31, 2021, the consent for the members for both matters will be sought forthcoming AGM.

Earlier last month, the Company had announced excellent results for the quarter and year ended 31^st March 2021. The company had reported a jump of 240% in its net profit for the 4th Quarter (Q4) of FY 20-21 on a QoQ basis on the back of a strong recovery in the real estate sector post the ease in lockdown measures. The company’s net profit increased to INR 12.65 crores in Q4 FY 21 from INR 3.74 Crores in Q3 FY 21 showing significant growth of 240%.

For the year ended 31^st March 2021, The Total Revenue of the company increased to INR 128.46 Crores in FY 21 from INR 118.33 Crores in FY 20 showing a growth of 8.50%. Net Profit saw a huge improvement in FY21 and stood at INR 20.18 crore (FY21) as compared to INR 9.55 crore (FY20), an increase of111%. EPS also grew to INR 3.28 (FY21) from INR 1.55 (FY20).

The company’s business activity falls within two business segments – Development of Real Estate Properties and Civil Contracting Business.

Karda Constructions Ltd is a First-Generation Construction Company in Maharashtra and Western India with a disciplined and professional approach. The Company is founded and promoted by Mr. Naresh Karda in the year 2007. Promoter has an experience of more than 25 years in the construction industry. The company has established a brand name as “Hari” for all its projects. The Company has received an Award for the “Iconic Budget Home” by Times Realty Icons Award 2019, Navi Mumbai & Thane. The Company also received an Award for the “The Most Preferred Real Estate Company”, of Nashik at the event“My Maharashtra Awards-2019”.

The strategic partnership comes as Luminary expands internationally to advance its mission of informing, educating, and entertaining the world with a high-quality podcast experience built by and for passionate listeners and creators

 Mumbai (Maharashtra) [India], July 16:  Luminary, among the world’s leading subscription platforms for high-quality podcasts, announced a partnership with Times Bridge to bring its premium audio experience to Indian consumers. Times Bridge, a leading global investments and partnerships firm will enable Luminary to launch, scale, and expand its reach in India, the world’s largest open Internet market.

With news of this strategic partnership, Luminary joins Times Bridge’s global portfolio of market-leading, mission-driven partners who see India as essential to their global business: consumer and enterprise businesses alike, including Airbnb, Coursera, Headspace, Houzz, Stack Overflow, Smule, Uber, and Wattpad, have all generated outsized global value for themselves in recent years by partnering with Times Bridge in India. Times Bridge is a division of The Times Group, India’s oldest and largest media, and digital company.

Founded in 2018 and backed by marquee global investors including NEA, Luminary has set out to transform the global podcasting industry by offering an elevated experience for both listeners and creators. The company offers a subscription service for its premium content – which features personalities such as Russell Brand, Lena Dunham, Trevor Noah, and Dave Chappelle – and has amassed a slew of accolades, most recently from The New Yorker, The Webby Awards, and Adweek. In April, Luminary announced that its podcasts would be offered on the Luminary channel of Apple Podcasts, making them available globally.

Luminary’s official launch in the Indian market coincides with exceptional growth in audio consumption across India in recent years. The country is now the world’s third-largest podcast market, after China and the United States, with a monthly listenership of 58 million and expected growth to 200 million by 2024. Luminary aims to meaningfully cater to India’s vibrant cultural, demographic, and linguistic diversity with soon-to-be-launched exclusive Indian content.

Drawing on Times Bridge’s local know-how, its operational support, and the unmatched reach of Times Group assets, Luminary will forge strategic partnerships, launch original Indian content, build a localized brand voice and contextualize its product experience for the Indian market. Times Bridge’s unique influence-and-insight oriented approach and dedicated resources will accelerate the growth of Luminary’s platform and advance its mission in India.

Simon Sutton, CEO of Luminary Media, said, “India is an incredibly exciting audio market, and we are thrilled to have the opportunity to serve it with Times Bridge. We cannot wait for Indian audiences to experience our unique content offering. Over the course of the next year, we plan on becoming a part of the robust Indian podcast ecosystem.”

Rishi Jaitly, CEO of Times Bridge, added: “Times Bridge’s mission is to bring the world’s best ideas to India and share India’s best insights with the world. Luminary is an original idea with proven appeal to audiences who are passionate about high-quality audio experiences. With podcasting as a medium on the rise in India, and with millions of Indians now developing a habit of educating and engaging via audio, we are confident Luminary will delight new audiences in India – and unlock new stories from India for the world.”

Luminary is a subscription podcast network with an award-winning lineup of original shows you won’t find anywhere else. Subscribers enjoy unlimited access to the full collection of Luminary Original Podcasts, featuring celebrated creators, diverse voices, and important stories told through a new lens. You can find Luminary’s original content via the Luminary app, available on iOS, Android, and the web, and it has been available on Apple Podcasts’ Luminary channel since June 2021.

Luminary was founded by Matt Sacks in 2018 with backing from NEA. Driven by a love for podcasts, Luminary is elevating the podcasting experience for both listeners and creators.

Times Bridge is a leading investment firm with a mission to bring the world’s best ideas to India and share India’s best insights with the world. Its current portfolio includes Airbnb, Coursera, Headspace, Houzz, Smule, Stack Overflow, Uber, and Wattpad among others. By providing unmatched market leadership to select partners, Times Bridge accelerates growth and immersion across the Indian subcontinent for leaders and companies who believe in winning in and learning from India. For more information, visit www.timesbridge.com and follow @timesbridge on Twitter.

New Delhi [India], July 15: The world is facing numerous environmental hazards due to landfills and the constant increase of clothing, toys, and other daily-use products. It is estimated that 18.6 million of clothing will end up in the landfill and also estimated that 150 Million of the landfill will be clogged on Earth till 2050. Imagine our Earth is filled with endless clothing, footwear, baby toys, and much more. One of the facts is that very few of the clothes are recycled, the rest are on our planet, present as landfills.

Many parents are simply filling the cupboards and sometimes clothes are dumped without even being used even once. This problem was identified by the change maker called Tinythings! They have a unique concept of up-cycling refurbished toys, baby clothes, nursery items, and everything that belongs to kids. The company helps parents sell and buy pre-loved kid’s stuff. The company has a huge pool of used/unused toys, books, games, baby gears, etc. Tinythings has a huge collection of preloved infants stuff. Preloved means pre-owned.

This venture was started by Bhavna Dayal & Nandita Kodesia, who are mothers and live in Noida. Noteworthy, Tinythings has a huge network of 50K mothers across India and delivers happiness to all, with the motto – “Love.Transfer.Repeat”.

Bhavna says, “One thing we take utmost care of, is the sanitation as we are mothers and we know the importance of cleanliness. During the pandemic era, sanitisation and cleanliness became inevitable. We at Tinythings, are taking all precautions in cleaning everything that comes to us so that it reaches our customers as good as new ones. We are aiming to bring substantial change to the environment. We are selling depreciated items at less cost that otherwise will be bought at a fairly expensive amount”

Tinythings is recycling baby products and daily use products that not only reduce the landfill but also is a green wave for our planet. As it reduces pollution that is emitted by hazardous gases thus increasing global warming. This is their ‘tiny’ contribution to the environment. The company sells and resells baby products to parents pan India. The company aims at making a huge network of mothers who can buy and sell their kid’s products through them.

According to Nandita, “Another important part of our venture s to provide branded baby stuff to people at a lesser value. Kids have ever-changing needs and demands as they grow and we aim at enabling parents to fulfil them without much financial constraint. We want to reduce the gap between people’s willingness to buy and ability to buy.”

Tinythings help you declutter, refurbish used baby stuff, and put it up for sale. If the items are not sold in a stipulated time period, they have the provision of donating them with the consent of the sellers.

Expansion Mode

The company has raised its first round of seed funding. The company is also aiming to spread across India by giving franchises to the mothers, who are willing to work from home.

First of its kind venture brings forth the fractional curb to the environmental issues caused by the baby clothing and accessories. By offering various leading clothing brands like Graco, Chicco, Tommy Hilfiger, the company sells everything from nappies, cribs, prams, toys, footwear, etc.

For more information kindly visit the website: www.tinythings.in

Blue and grey collar recruitment app eZJobs has recently crossed 1 million total installs. The recruitment platform backed by Futran Solutions, Inc aims at democratizing employment opportunities for blue and grey collar workers.

Edison (New Jersey) [USA], July 15: Launched to democratize employment in the blue/grey collar employment space, the eZJobs app recently went past the 1 million downloads mark on Google Play Store. eZJobs achieved this feat after a steep rise in the app’s organic growth over the past two months.

Futran Solutions, Inc., New Jersey, USA, has backed eZJobs, Inc. by providing seed funding. Currently, numerous investors have shown interest in pre-series funding.

Speaking on the development, Krishna Vemuri, Founder and Product Architect of eZJobs stated, “This is a monumental achievement for us as a startup in the recruitment sector. It is a very special feeling to launch with just a few people and grow into a job platform with over a million users. I would like to take this opportunity to thank the team that has worked very hard.”

“With features such as Chat to Hire, Chat to Apply, Audio/Video Calls, Multilingual Job Posts, Homecoming Jobs, and Multilingual Chat Translation, it is no surprise that we have such a huge number of candidates looking for jobs on eZJobs from over 71K locations and employers from over 3.9K locations in India. Candidates and employers coming to the platform from these many cities, towns, and villages in India conclude that our premise is right. Now, we are planning to add the most crucial component to eZJobs that will gamify the complete process of job application including profile completion, job search, interviews, etc. so that more and more talented blue-collar workers can come on to the platform, thereby removing the middlemen and democratizing the blue-collar market,” Krishna added.

eZJobs CEO and Cofounder, Anil Vazirani complemented the founder by saying: “We plan to disrupt the way blue/grey collar recruitment happens globally. While our initial focus is the Indian market, over the next two years, we plan on launching the eZJobs app in the South East Asian, American and European geographies.”

The eZJobs platform is available free for job seekers and employers across the world.

About the Company

The eZJobs app is a hyperlocal and AI-enabled job platform where employers and candidates can meet, connect and work together.

Pushpam Infra, a renowned name in the real estate industry, is now the talk of the town with its high-yielding investment opportunities

Pune (Maharashtra) [India], July 14: Owning second homes, the concept being existent for long has suddenly piqued a lot of interest from people, thanks to the pandemic.  The pandemic has made us sit at homes and have lesser vacations, hence the need for a second home at a comfortable driving distance from the original home usually nestled in some exotic location has become a need more than a desire. Not to mention, the hard-hit on our pockets due to the never-ending lockdowns has made us think more about investments that would give assured returns. Thus, an investment in a second home has been the ideal choice of investment, especially for the urbanites.

“Second home investments are an escape from the regular to indulge in peace and joy and hence its dealings should also be stress-free. The investment should be such that you need not worry about generating rental income from your property or have maintenance issues”, says the director of Pushpam Infra, Dr. Sachin Chopda. And the only thing that offers all of this is resort homes. With resort homes, the owners only invest and enjoy while the entire burden of maintaining and taking care of the property falls on the offering party.

The director also says, “Pushpam Infra has been a renowned name in the real estate industry, known for bringing projects that benefit all of its customers and fit every budget. Pushpam believes supremely in the fair price principle and makes sure that every project turns out to be beneficial for its owners.”

Resort homes by Pushpam Infra are a mixture of luxury and investment. Here, people invest in a luxury villa or studio apartments serving two purposes; the resort homes act as vacation homes and also generate rental income. Dr. Sachin Chopda also said, “These homes are rented to tourists who visit the properties and generate monthly revenue for the owners. It thus offers a winning deal to all the owners.” The resort is loaded with over 25 amenities such as a spa, swimming pool, jogging track, live chess, and many more to ensure that the owners and guests have a wonderful staycation. Pushpam Infra does not charge any maintenance fees from its owners, making it a wonderful deal for investment with lesser additional costs. This home is what earns for you, and thus it can rightly be said as, ‘The Kamanewala Ghar’.

Known for providing affordable housing options and resort-like fully furnished homes, Pushpam Infra is led by a team of highly experienced leaders, who are determined to change the face of real estate investments and provide maximum customer satisfaction. Their credibility can be banked upon as they are focused on providing maximum value for people’s investment in their real estate projects

Sanskruti Suites and Resorts by Pushpam Infra is a resort home that is currently functional and is welcoming investments. It is equidistant from Mumbai and Pune, nestled in the heavenly green lap of Karjat. With this, Pushpam Infra is all geared up to launch three more real estate projects, delivering the promise of dynamic and credible real estate investment opportunities for people from all walks of life.

About Pushpam Group:

Pushpam Group is a pioneer name in the corporate industry for 51 years. Its hold in various industry verticals has made the Pushpam name synonymous with trust, development, and growth. Over the years, Pushpam Group has been significantly delivering sustainable growth and societal development at large.

Contact: Dr. Sachin Chopda, Pushpam Infra

Tel: 9850589400

Email id: sales@pushpaminfra.com

Website: www.pushpaminfra.com

The PCMC, Pune-based real-estate Development Company Tulip Group mission and vision talks about our aim of providing high quality and affordable housing

 New Delhi [India], July 14: The second wave of the COVID-19 pandemic has pervaded vulnerability on the real estate sector, because of the seriousness of cases and the imposition of lockdowns. However, it has not left developers unsettled, as they are more prepared after the first wave.

A real estate that has decided to go alive during the second wave of the pandemic is Tulip Properties under Tulip Group. The Pune-based real estate development organization means to make the entire process of providing high-quality and affordable housing simpler and faster.

One of the most rapidly growing real estate companies in Pune is Tulip Group with its sister concern companies Tulip Properties, Tulip Developers & Snehmangal Tulip Developers. If we lay our eyes on the credentials of Tulip Properties under Tulip Group, we would come to know that Tulip Properties is an ISO 9001:2015 certified Construction Company, and the design and construction quality of their projects are extraordinary. The founders of Tulip Group are Sanjay Varma & Anand Sathe. Tulip Group has given rise to several prestigious projects, which have made a special place in the hearts of the people. The success of these projects takes a lot of hard work, planning, and success, and the team behind it has made everything possible.

There are several successful projects of the Tulip Group, namely the Infinity Tower, Infinity Planet, Tulip Purple, and Tulip Exotica, and are pioneers of PCMC, Punawale, Ravet &Tathawade for constructing quality homes. One of the unique features of the Tulip Projects is its design. Three features are kept in mind – luxurious, intricate, and useful while designing the flats. Thus great designs are ensured in the flats. Pune’s one of the best Architects, Ar. Usha Rangarajan is one of the eminent members who play her hand in all the designs to make it perfect. Luxury and exceptional interiors are included in every project. The customer reviews of these flats are also exceptionally well. While looking at the designs the professionals make sure along with the interiors, the exteriors are also designed perfectly and usefully.

“The planning of each flat has taken a lot of time research thus the design is made in such a way that it’s useful and impactful. Each apartment in Tulip Properties is planned in a way that there is no room for wasted corners. So, when there is zero wastage, there is optimum utilization of the entire area. All these minute things add up to make a project a well-designed and successful one”, says, Sanjay Varma, the founder of Tulip Group.

A new promising project by the Tulip Group is in progress and is known as the ‘Infinity World’. This is going to be a Luxurious Tower in Near Ravet Hanging Bridge, where 2, 3, and 4 BHK next-gen homes would be available. The towers can be represented as 2 BHK: Carpet 760- 779 sq feet, 3 BHK: Carpet: 973 – 1137 sq feet, 4 BHK: Carpet: 2013 sq feet onwards. Features are generally the most promising factors that attract a client towards the services, and here in our Infinity Projects, numerous features have adhered. Keeping in mind, the safety and the current scenario the structure of the buildings are RCC framed Earthquake resisting structures. Nowadays safety and security are the most important and required features one can possess thus, these flats have a Video Door phone- Hik-vision makes or Equivalent. It also has an Intercom facility and 24-hour security through CCTV camera- Hik-vision makes or Equivalent. If you think that’s all about these flats, you are mistaken, they have more amenities added to the list like a parking facility and provides for an adequate parking lot for all units.

This project also has a mini plex with a cafeteria facility. Other facilities like Amphitheater, Baby Pool, Clubhouse which can cater to happy family time and entertainment are also present here. Staying fit is one of the major concerns of the younger generations today thus, to provide them easy access for fitness the infinity projects include Gymnasium, Space for Yoga, Kid’s Play Area, Meditation area, Mother’s den, Multipurpose Court, Party Lawn, Palm Court. Adding to the scenic beauty, we can find Tree Cluster, Swimming Pool, and Society Office with Mini plex. Other necessary amenities like the Provision for MNGL Gas Pipeline in every flat; Garbage Chute is present for each floor.

The project highlights include a well-structured entrance lobby and internal roads with street lights which make the surroundings look very clean, classy, and best for co-existing. To optimize the use of rainwater, a Rainwater harvesting system is also present in the project, Infinity World. There is a Security cabin which would ensure safe access to people. Other facilities like Solar water heater as per PCMC norms, Fire Fighting System on Each Floor/Each Flat.

The windows and doors are beautifully built Italiano composite marble door frames with waterproof laminated flush doors. Powder-coated aluminum sliding windows with mosquito nets are present so that mosquitoes can be kept away and diseases can be prevented. Luxurious designs are present as we can spot Aluminum adjustable louvers for the bathroom. An added special effect can be found as we would be able to see Italiano composite marble window sill. The terrace present there is one of a kind as an Aluminum sliding door for terraces gives an immense elite feel.

“All these amenities make the Infinity World an extremely classy and well-designed project. It is not only luxurious but, it also keeps in mind, the cleanliness security needs, and other factors that are necessary to survive in a healthy ecosystem”, says Anand Sathe founder of Tulip Group.

About Tulip Group:

Tulip Group has been decorating the PCMC &Pune skyline for over a decade with promoters having an experience of over 25yrs in the industry. They have been crowned as one of the fastest-growing real estate development companies in PCMC & Pune. They hold notable experience in the construction & development industry. To date, they have successfully laid down the foundation of many projects in PCMC and Pune. The mission and vision talk about their aim of providing high-quality and affordable housing. In the end, Tulip Group wants to do is offer the finest quality homes to everyone!

New Delhi [India], July 14: Kaapi Solutions, the one-stop provider of World Class imported coffee machines with their online store named ‘Kaapi Shop’ announces their partnership with Rocket Espresso-handmade Italian espresso machines to sell in India. This addition in Kaapi’s home segment will be sourced directly from its factory in Milan. Having PAN India service availability, Kaapi will be the one-stop solution for Rocket Espresso products and will offer strong services.

Rocket Espresso produces both premium home and commercial espresso machines, made with meticulous care and attention to detail. Rocket Espresso produces the finest espresso machines in the tradition of ‘Fatto a Mano’ translated to, ‘made by hand’. It is well known for its attractive home espresso machines where no detail is left untouched. The stainless steel casing with perforations that reveal either copper or white side panels beneath adds an interesting visual element to the Rocket Espresso Appartamento that no other home espresso machine has.

Talking about the partnership, Mr. Vikram Khurana, CEO, Kaapi Solutions, said – Rocket, it’s like the Rolls Royce of coffee machines, is the machine of choice for home brewing around the world. Rocket is a classic, elegant and first-class technology, offering handcrafted coffee that coffee lovers love. In a market like India, service is the key to success and at Kaapi Solutions we are committed to providing robust after-sales service for all of our products, including Rocket”

The coffee brewing technologies have been revolutionized purely to offer convenience to brew at home or office and personalized coffee machines are in demand. To be a barista@ home is a new craze and is only going to grow. Kaapi Solutions hold exclusive selling rights for many premium brands from all across the globe.

A pioneer in the coffee Industry, Kaapi Solutions India OPC Pvt. Ltd is one of the leading suppliers of world-class imported coffee machines.

We at Kaapi Solutions have been effectively bridging the gap of efficient and aesthetic coffee equipment in India and perfecting the skills of embracing the barista journey.

Kaapi Solutions is the one-stop solution of world-class imported coffee machines associating with premium brands from all across the globe. We have been praised by our associates for alone installing an innumerable number of machines all across the globe.

Our services are not only limited to providing the finest imported coffee machines but the offerings range from state-of-art espresso equipment to barista training by award-winning baristas.

Our existence is all about providing machines that can fulfill every cafe Phillie’s dream. A journey to a brilliant cup time of coffee for the salvation and aroma in every sip

The company is making quality vocational education accessible to anyone with a smartphone and internet connection

Students undergo cohort-based learning in micro-batches from trained professionals

Vah Vah! has welcomed students from over 250 cities in India and offers courses in three languages

Bengaluru, (Karnataka) [India], July 13: Online vocational education company Vah Vah!  has raised USD 1.85M in a seed round from Sequoia Capital India’s Surge. The startup’s mission is to educate and prepare India’s young and dynamic population for their future careers, training them in vocational skills so that they can find employment or run their own business.  It is projected that by 2023, India will need over 70 million people in the skilled labour workforce, yet currently only has a training capacity for about 13 million students. College is not an option for about 20 million secondary school graduates each year, either due to their financial circumstances or school grades. As a result, this has created a huge gap between employment supply and demand for many industries crucial to the country’s growth.

“We want to bring the best teachers to every corner of India, and raise the quality of education in overlooked sectors that have the potential to create the next 100 million jobs. The shortfall of vocational schools means that vocational training is often inaccessible or too costly for many – making it especially challenging for those who live outside of metropolitan areas looking to upskill themselves. With Vah Vah!, anyone with a mobile phone and an internet connection can now access quality vocational education,” said Co-Founder Shailesh Daxini.  Started in October 2020 and headquartered in Bengaluru, Vah Vah!’s courses are designed for those looking to build a career or run their own entrepreneurial service business. 90% of the startup’s cohorts are women, with an all-India representation. The startup currently offers professional courses in Makeup and Hair Styling, with plans to expand to other vocational skill sets.

On the decision to first focus on the beauty industry, Co-Founder Eashwar Subbiah said, “The beauty sector in India is expected to grow at 30% CAGR, and workforce requirements have doubled according to the National Skill Development Council of India. The majority of our students enrol with the ambition to learn new skills to create earning opportunities for themselves in the industry, so there is a real need in the market from both employees and employers for such services.”

Vah Vah!’s courses are offered in small batches, and students are sent well-designed learning kits with all the material they need to complete the course. Students learn from experienced beauty industry professionals, who undergo further training before they teach at Vah Vah!. For example, the platform’s professional make-up artist course is a 22-day comprehensive training program across a variety of looks, such as fashion and bridal makeup, and includes career counselling and one-on-one Q&A time with trainers. With extensive experience in the consumer, gaming, and technology industry, the founders Akash Senapaty, Eashwar Subbiah, and Shailesh Daxini started this venture with a goal to skill people with job-specific vocational training as a pathway towards financial independence.

Vah Vah! is a part of Surge’s fifth cohort of 23 companies that have developed new digital solutions to help companies and individuals work, live, and learn better in a rapidly evolving Southeast Asian landscape.

Vah Vah! is a live, online vocational training platform that offers professional beauty courses. Its mission is to educate and prepare India’s young and dynamic population for their careers, training them in vocational skills so that they can find employment or run their own business.

For more information, visit https://vahvah.com/ or follow on Facebook, Instagram, or LinkedIn.

Surge is Sequoia Capital India’s rapid scale-up program for startups in India and Southeast Asia. Surge combines $1 million to $2 million of seed capital with company-building workshops, a global curriculum, and support from a community of exceptional mentors and founders. The program’s goal is to supercharge early-stage startups and give founders an unfair advantage, right out of the gate. For more information on Surge, visit www.surgeahead.com.

Mumbai (Maharashtra) [India], July 13: BSE listed Balu Forge Industries Ltd. (BSE: 531112) engaged in the field of precision engineering has announced impressive results for quarter and year ended 31 March 2021.

For the quarter ended 31 March 2021, the company saw a 152% rise in PAT (QoQ) which rose from 149.42 Lakhs (Q3FY21) to Rs. 376.88 Lakhs (Q4FY21). For the year ended 31 March 2021, the company saw massive growth in both revenues and PAT. The Revenue from Operation rose to Rs. 142.09 Crores (FY21). The Profit after Tax (PAT) saw a huge jump and rose to Rs. 6.60 Crores (FY21).

The company’s in-house capability & state of the art automotive engineering enables it to manufacture a large range of components through a spectrum of industries namely Automotive, Agricultural, Industrial, Defense, Marine & the New Energy Sphere. Balu Forge is the only company to have the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles.

The Company is now an avant-garde manufacturer of fully finished/Semi-finished forged crankshafts and other Forged Components having a global presence in over 86 Countries & is presently working with 15 Original Equipment Manufacturers around the globe.

“Balu is the supplier of choice of major OEMs not only in India but around the world due to our technological advantage and the highest standards of quality in the industry,” said Mr. Jaspal Singh Chandock, Managing Director.

Mr. Jaspal Singh Chandock, further added, “The Company has innovation in the heart of its foundation & the next level of growth is expected from the New Energy Vertical & supplies to the Defense Industry. We are working closely with a number of OEMs globally to develop Drivetrain & Powertrain solutions for BEVs & PHEVs. This is a strategy the company has engaged in actively since 2017 & aims to keep ahead of the curve to adapt to the changing mobility sphere. In addition to the same the area of Defense is also a key component in the coming years as we enhance our presence in Defense Industries keeping in line with the Govt. of India initiative of ‘Atmanirbhar Bharat.”