Category: Business

  • Trinity Prime Media Solutions and Consulting Wins Gold at the Golden Mikes 2024 for Creativity

    Trinity Prime Media Solutions and Consulting Wins Gold at the Golden Mikes 2024 for Creativity

    New Delhi (India), June 28: Trinity Prime Media Solutions and Consulting has been honoured with the prestigious Gold Award for Creativity at the Golden Mikes 2024. This accolade highlights Trinity Prime’s dedication to innovation, excellence, and delivering outstanding creative solutions in the media industry.

    The Golden Mikes Awards, celebrated annually, recognize the finest talents and achievements in the media and broadcasting industry. Trinity Prime’s groundbreaking campaigns and creative strategies have set a new benchmark, making them a deserving recipient of this coveted award.

    Founder and CEO of Trinity Prime, Naveen Saxena, expressed his delight and gratitude at the recognition. He stated:

    “Winning the Gold Award for Creativity at the Golden Mikes 2024 is a testament to the hard work, passion, and dedication of our entire team. At Trinity Prime, we believe in pushing the boundaries of creativity and innovation to deliver exceptional results for our clients. This award not only acknowledges our efforts but also inspires us to continue striving for excellence. We are immensely grateful to the Golden Mikes jury and our clients for their unwavering support and trust in our vision.”

    About Trinity Prime Media Solutions and Consulting:

    Trinity Prime Media Solutions and Consulting is a leading media solutions provider, specializing in innovative marketing strategies, creative content development, and comprehensive consulting services. With a team of seasoned professionals and a client-centric approach, Trinity Prime is dedicated to helping businesses achieve their media and marketing goals.

    About the Golden Mikes Awards:

    The Golden Mikes Awards celebrate excellence in the media and broadcasting industry, recognizing outstanding achievements in creativity, innovation, and impact. The awards are a benchmark of quality and a symbol of distinction for media professionals in India.

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  • BharatLoan targets 2 crore customers, maintaining its unmatched customer loyalty with a 90 Percent retention rate

    BharatLoan targets 2 crore customers, maintaining its unmatched customer loyalty with a 90 Percent retention rate

    ●BharatLoan’s rapid growth is attributed to its 100% digital, paperless loan experience and the use of advanced AI and ML technologies to offer faster, more inclusive financial solutions

    ●Introduction of innovative products like Bharat Easy EMI and initiatives in sustainable finance are driving their ambitious expansion plans

    New Delhi (India), June 28:  BharatLoan, the leading full-service digital lender in India, today announced its ambitious plan to grow its customer base from 20 lakh to over 2 crore by 2026, while maintaining a 90% customer retention rate.

    Founded in February 2023 and headquartered in Okhla, BharatLoan has quickly established itself as a disruptive force in India’s financial landscape. The company’s 100% digital loan experience has already garnered over 1 million app downloads, making it the fastest NBFC to reach this milestone. This rapid adoption underscores the pressing need for accessible, innovative financial solutions in the market.

    Amit Bansal, Founder of BharatLoan, elaborated on the company’s vision, “Our growth reflects the surging demand for financial services tailored to the unique needs of salaried professionals in metro cities. There’s been a significant shift in how the new generation pursues their dreams, placing a higher value on balanced lifestyles and luxury compared to previous generations. This shift has made them more willing to embrace personal loans confidently. With hassle-free processes, no collateral requirements, and flexible repayment options, customers are increasingly turning to instant cash loans. At BharatLoan, we leverage advanced technology and a deep understanding of these evolving preferences to drive growth in India’s financial services sector. Our focus is on delivering accessible financial solutions that empower individuals to achieve their goals in today’s fast-paced world.” 

    Central to BharatLoan’s expansion strategy is its recently launched Bharat Easy EMI product. This flexible, mid-to-long-term financing option utilizes an advanced BRE algorithm to assess creditworthiness, considering factors beyond conventional CIBIL scores. This innovative approach allows BharatLoan to extend credit opportunities to a wider segment of the population, further driving financial inclusion.

    The company’s growth plans are not limited to personal loans. In line with its commitment to sustainability, BharatLoan is developing Green Loans tailored for solar energy and electric vehicles (EVs). This initiative aims to make environmentally friendly choices more financially accessible to its growing customer base.

    Since its inception, BharatLoan has experienced a remarkable 25% month-over-month revenue growth. The company’s team has expanded to 300 employees, reflecting its rapid scaling and operational growth.

    BharatLoan’s ambitious target of reaching 2 crore customers while maintaining a high retention rate demonstrates its confidence in its innovative, customer-centric approach to lending. By combining cutting-edge technology with a deep understanding of customer needs, BharatLoan is poised to continue its disruptive journey in India’s financial services sector. 

    About BharatLoan

    Bhara Loan is a financial innovator making waves in the loan industry. Since their launch in 2023, they’ve been dedicated to simplifying access to financial resources, particularly for salaried professionals in major cities.  They leverage modern technology to provide a completely digital loan experience, smooth and hassle-free.  Financial inclusion is a core value for Bharat Loan. They believe everyone deserves a fair chance to access the resources they need.  Transparency and security are paramount, and they’re committed to responsible practices that contribute to a greener future.  By offering faster and more accessible loan options, Bharat Loan empowers individuals to achieve their goals with confidence. For more information, visit: BharatLoan.com

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  • Kaveesh Mehta and Abraham (Abe) Lee, a 22-Year-Young NYU Graduates Launch FEELINGS: A Revolutionary Fashion Brand

    Kaveesh Mehta and Abraham (Abe) Lee, a 22-Year-Young NYU Graduates Launch FEELINGS: A Revolutionary Fashion Brand

    Introducing FEELINGS, a new fashion brand founded by 22-year-old NYU Stern graduates Kaveesh Mehta and Abraham (Abe) Lee, who share a passion for creative expression and cultural resonance. Kaveesh’s global upbringing and fascination with hyper-textural fashion elements, combined with Abe’s New York roots and background in music and songwriting, have culminated in a brand that transcends traditional fashion boundaries. FEELINGS aims to build a community where people worldwide can express themselves through innovative, value-driven clothing.

    Kaveesh Mehta and Abraham (Abe) lee mentioned that “Our goal with FEELINGS is to create a brand that evokes emotions and fosters connections. Every stitch and design is crafted to tell a story and empower individuals to express their true selves.”

    FEELINGS’ debut collection features high-quality, thoughtfully designed pieces that blend cultural influences with modern trends, tailored for fashion-forward individuals who seek to make a statement.’

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  • Paradigm Realty Announces Major 2.5 million Sq. Ft Redevelopment in Kandivali’s Mahavir Nagar with approx. 3500 Cr GDV

    Paradigm Realty Announces Major 2.5 million Sq. Ft Redevelopment in Kandivali’s Mahavir Nagar with approx. 3500 Cr GDV

    Mumbai (Maharashtra) [India], June 27:  Mumbai-based developer Paradigm Realty has signed a redevelopment agreement for a development potential exceeding 2.5 million sq. ft. at Mahavir Nagar, Kandivali (W) with an investment of 200 crore through internal accruals. Spread across a ~4-acre land parcel in Mahavir Nagar, Kandivali (W), the project includes free-sale RERA carpets of up to one million sq ft and carries a gross development value close to USD 0.44 Billion (approximately INR 3500 crore). 

    Paradigm Realty’s new project will involve the redevelopment of 9+ societies, contributing to the creation of 600 residential units, with revenue expectations of INR 3500 Cr. The current per sq. ft. cost in Kandivali Mahavir Nagar for under-construction stands at INR 32,000 – 38,000 psf, reflecting the premium nature of this project with ready to move in properties are as high as Rs 45,000 plus.

    Paradigm Realty plans to capitalise on the prime location of the plot, situated at the intersection of a 120 feet wide link road and the 90 feet wide main Mahavir Nagar Road in Kandivali, by coming up with a world-class, premium gated community catering to the area’s affluent business community.

    Confirming the developments, Mr. Parth Mehta, CMD- Paradigm Realty, expressed enthusiasm about the group’s latest project. “We are delighted to enter this agreement. Mahavir Nagar, with its rich heritage and affluent Gujarati and Marwari business community, is very endearing to us. This location resonates with the prestige of Carmichael Road and Altamont Road in South Mumbai. Mahavir Nagar has thus far lacked a world-class, high-quality gated community, which the residents have been aspiring for. Our project will be similar to layouts in Worli or Prabhadevi, with Uber luxury and all the lifestyle amenities included.”

    Mr. Mehta added that Paradigm’s vision is to bring the charm, exclusivity, and panache of South Mumbai to Mahavir Nagar, Kandivali (W) with this iconic landmark development. “We aim to create a new address in the skyline of Kandivali (W), with the project set to launch in the festive season of Q3/Q4 FY 2025 and completion expected within five years, in different phases” he said.

    Paradigm Realty has a strong presence in the Western suburbs, particularly in Borivali, with three projects delivered, including 3,000 homes. Recently, the company launched Paradigm Anantaara, a luxury hallmark and one of the tallest buildings in Shimpoli, Borivali, located in close proximity of the new Mahavir Nagar project.

    Mr. Mehta sees phenomenal traction in India’s luxury market and is excited about entering this space. Additional announcements from Paradigm Realty are anticipated in Q2 FY25, especially in premium areas like Bandra.

    About Paradigm Realty – Paradigm Realty is a prominent player in the Mumbai Metropolitan Region’s suburban real estate market. The company has etched a great track-record over the last 8.5 + years of its operation and has established a reputation for timely delivery, superlative space planning and fine craftsmanship with its cutting-edge projects at competitive affordability. These projects showcase design efficiency, pragmatic functionality and elegance while safeguarding the environment, mainly prioritising Wishlist of its stakeholders i.e. need of home seekers and drives sustainability for every member.  Under leadership of CMD Parth K. Mehta’s, Paradigm Realty has risen to ranks of being a reputable brand, catering to 3000+ happy families and demonstrating an impressive capability to execute approx.

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  • PayGlocal Expands Presence with New Office in Gurugram; Aims to Foster Growth and Innovation

    PayGlocal Expands Presence with New Office in Gurugram; Aims to Foster Growth and Innovation

    Gurugram (Haryana) [India], June 27: PayGlocal, a leading cross-border payments provider that helps Indian merchants accept international payments, is proud to announce the opening of its new Growth Center in Gurugram. This new facility marks a significant milestone in the company’s expansion strategy and underscores its commitment to fostering global commerce.

    Located in the heart of Gurugram, the new Growth Center is designed to support PayGlocal’s ambitious growth objectives. With a primary focus on business development, the center will serve as a hub for innovation, customer support, and strategic expansion. This facility will enable PayGlocal to better serve its growing customer base in the northern region of India, enhancing support and confidence for existing clients while attracting new business opportunities.

    “We are delighted to announce the opening of our new office in Gurugram, which will enable us to provide even better support and services to our clients. This strategic expansion allows us to be closer to our customers, understand their unique needs, and deliver personalized solutions for their cross-border payment challenges. At PayGlocal, our priority is to ensure our clients have the best possible experience, and this new office is a testament to our dedication to exceptional client support and service,” said Sheena Kaushik, VP & Head of Sales, Merchant & Strategic Partnerships.

    As PayGlocal inaugurates its new office in Gurugram, the company celebrates not only geographic expansion but also significant business growth. Since its inception, PayGlocal has experienced tremendous growth, marked by the establishment of key partnerships with leading financial institutions, enhancing its service offerings. The company has seen a remarkable increase in operations, driven by an expanding customer base and the addition of talented individuals to its team. These developments reflect PayGlocal’s robust strategy and effectiveness in navigating the complexities of international payments, solidifying its position as a leader in the fintech industry and positioning it for even greater success in the coming years.

    PayGlocal extends its gratitude to all partners, stakeholders, and clients for their unwavering support and trust. The company looks forward to leveraging the new Growth Center to achieve greater heights and set new standards in the industry.

    For more information about PayGlocal and its services, please

    visit www.payglocal.com

    About PayGlocal

    PayGlocal is a pioneering cross-border payments company founded in 2021 and led by a team of experts from the payments industry. The company has also raised capital from marquee investors like PeakXV (formerly Sequoia Capital India) and Tiger Global.   PayGlocal’s technology platform offers a comprehensive suite of services designed to meet the evolving needs of merchants, payment aggregators, and banks. Driven by cutting-edge and user-centric technology, PayGlocal leads the charge in global commerce with unparalleled innovations in cross-border payment solutions.

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  • Vedanta Aluminium Provides Essential Cooling Assets to District Jail in Jharsuguda

    Vedanta Aluminium Provides Essential Cooling Assets to District Jail in Jharsuguda

    Jharsuguda (Odisha) [India], June 27: Vedanta Aluminium, India’s largest producer of aluminium, provided essential cooling assets to the District Jail in Jharsuguda. The assets include 15 air coolers, 50 ceiling fans, and a water cooler. With the temperatures in the region soaring, these cooling assets will substantially improve the living conditions for the inmates, fostering a more humane and comfortable environment while supporting the district administration’s prison reform initiatives. These cooling assets were handed over to Mr. Laxmikanta Dhangada Majhi, Superintendent of District Jail, Jharsuguda.

    Speaking about this initiative, Mr. Sunil Gupta, COO – Vedanta Aluminium & CEO – Vedanta Jharsuguda, said, At Vedanta Aluminium, our commitment goes beyond business; it extends to making a real difference in the communities we serve. By providing cooling assets to the District Jail in Jharsuguda, we aim to significantly improve the living conditions for the inmates. Our social impact endeavours span across areas such as health, education, sustainable livelihood, infrastructure, grassroots sports and culture, that contribute to the holistic development of the region.”

    Appreciating Vedanta’s contribution, Mr. Laxmikanta Dhangada Majhi, Superintendent of District Jail, Jharsuguda, said, “Vedanta Aluminium’s timely support with essential cooling assets has provided the much-needed relief during the scorching summer months. This generous contribution will aid living conditions of the inmates within the District Jail in Jharsuguda.”

    Vedanta’s social interventions in the domains of education, healthcare, livelihood, skill development, grassroots sports, art & culture, with a focus on women and child development, reach out to nearly 80 villages in Jharsuguda and nearby areas, benefiting over 3 lakh people in a year. It empowers almost 5,000 women from over 350 SHGs, provides doorstep healthcare services to about 50,000 people annually, gives educational support to more than 13,000 students, has planted almost 1.50 lakh trees in partnership with locals at the community level.

    Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

    About Vedanta Aluminium Business:

    Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. www.vedantaaluminium.com

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    Disclaimer:

    This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

  • Vedanta Aluminium celebrates International Day of Yogawith community members and employees

    Vedanta Aluminium celebrates International Day of Yogawith community members and employees

    Jharsuguda (Odisha) [India], June 27: Vedanta Aluminium, India’s largest aluminium producer, celebrated International Yoga Day through a series of community yoga sessions. Aligned with this year’s global theme, ‘Yoga for Self and Society’, the sessions sought to reinforce the importance of physical and mental health. They witnessed the enthusiastic participation of Vedanta’s employees, their families and local community members.

    International Day of Yoga is celebrated across the world on June 21 every year, a date adopted by the United Nations, and is an opportunity to highlight the multiple physical and mental benefits that practicing yoga offers. As the home of the largest aluminium plant in the world, Vedanta Jharsuguda has undertaken multi-pronged efforts to foster the development of the communities in its vicinity, including in the realm of health and well-being. On the occasion, the company organised activities emphasizing the benefits of yoga in achieving good health. These included yoga sessions with the inmates of Mission Ashra, a home for destitute persons, and also at Jharsuguda Airport, which was in partnership with the District Administration and the Rotary Club of Jharsuguda.

    Vedanta Jharsuguda is dedicated to improving healthcare accessibility for the local community through a range of impactful initiatives. Through the Vedanta Nand Ghars, which are modernised anganwadis that serve as hubs of women and child development, the company has implemented several crucial developmental initiatives. These include efforts in the areas of education through pre-school education to children under 6 years of age, wholesome nutrition through nutritious meals and take-home rations for pregnant and lactating women, improved healthcare through ANM staff (auxiliary nurse/midwives) and skill development through training programmes for women. The company’s Mobile Health Units also provide quality doorstep healthcare services to people in over 27 villages, bringing much-needed healthcare access to some of the most remote areas in Odisha.

    Additionally, two advanced diagnostic centres in Jharsuguda and Laikera offer a wide array of radiology and pathology tests at affordable rates, making high-quality healthcare more widely accessible to all. As part of the Government of India’s ‘Nikshay Mitra’ program which focuses on tuberculosis eradication, the company is also supporting patients with enhanced access to essential nutrition and healthcare services, aiding their recovery. Collectively, these initiatives benefit over 2,00,000 individuals each year, enhancing overall community well-being.

    Speaking about this initiative, Mr. Sunil Gupta, COO – Vedanta Aluminium & CEO – Vedanta Jharsuguda, said, At Vedanta Aluminium, we prioritize community health care through proactive and inclusive initiatives. Underscoring our commitment to ensuring long-term well-being, our diverse activities, such as organizing yoga sessions for the community, highlight the importance of physical and mental health. Our other efforts in this regard, such as regular health camps and robust health infrastructure, also provide essential support to community members. These efforts reflect our dedication to sustainable development and our belief in making a lasting impact on both community and employees’ health.”

    Appreciating Vedanta’s contribution, Mr. ­­­Sanjay Jetty, Assistant Vice President, People’s Forum said, “Their celebration of Yoga Day with more than 100 of our inmates was a very engaging session while it also emphasized the importance of leading a healthy life to all our residents.”

    Adding his views, Mr. Sandeep Kumar Tiwari, Airport Director, Jharsuguda said, “Vedanta Jharsuguda’s efforts in promoting health and wellness are truly noteworthy. The yoga session at Jharsuguda Airport, organized in collaboration with Vedanta, was a great success, highlighting their commitment to welfare of the community. Their initiatives are making a real difference, positively impacting the community and all stakeholders involved.”

    Vedanta’s social interventions in the domains of education, healthcare, livelihood, skill development, grassroots sports, art & culture, with a focus on women and child development, reach out to nearly 80 villages in Jharsuguda and nearby areas, benefiting over 3 lakh people in a year. It empowers almost 5,000 women from over 350 SHGs, provides doorstep healthcare services to about 50,000 people annually, gives educational support to more than 13,000 students, has planted almost 1.50 lakh trees in partnership with locals at the community level.

    Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

    About Vedanta Aluminium Business:

    Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. www.vedantaaluminium.com

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    Disclaimer:

    This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

  • Lancer Container Lines Ltd aims to expand its TEU capacity to 45,000 by FY26

    Lancer Container Lines Ltd aims to expand its TEU capacity to 45,000 by FY26

    Mumbai (Maharashtra) [India], June 27:   Lancer Container Lines Ltd, one of the leading integrated Shipping and Logistics solution providers in India has announced its mega expansion plans for the next few years. Company aims to expand its TEU capacity to 45,000 by FY26 from nearly 20,000 in FY24 and intends to steadily grow its container inventory by incorporating 200-300 containers each month to meet rising demand. Company aims to become a fully integrated service provider, and is actively exploring opportunities to purchase a new vessel. The measures are expected to yield healthy revenue and margin growth in the coming years. 

    Company is actively exploring opportunities to purchase a new vessel to become a fully integrated service provider

    Incorporates in 2011, Lancer Container Lines Limited is engaged in providing highly integrated shipping and logistics services in India. The Company is providing services in regions like Indian Subcontinent, South East Asia, Far Coast, Mediterranean Sea, Red Sea, Black Sea, Asia, Middle East, Africa, CIS Countries, USA, Europe, and Latin America.The company has secured some of the key registrations in the global logistics domain AMTOI, FIEO, BIC France, WCA WORLD, GNN. Company has presence in over 30 countries and serve 86 ports and 36 ICD locations.

    Mr. Abdul Khalik Chataiwala, Chairman and Managing Director, said, “Our focused efforts on expanding our container fleet and optimizing our service routes have led to a significant rise in the number of containers handled. The TEU volume for FY24 reached 19,699 units, reflecting an increase of 37% over the previous fiscal year. Aligned with our growth strategy, Lancer Container is poised to pursue an ambitious expansion plan, aiming to raise the TEU capacity to 45,000 by FY26. Our strategic positioning in Dubai continues to be a cornerstone of our operational strategy. The company is expanding its reach by exploring new trade routes and transporting containers to multiple destinations where there is demand for cargo.”

    In the month of June 2024, company has acquired 500 TEUs, 200 each from QINGDAO CIMC CONTAINER MANUFACTURE CO. LTD and NINGBO CIMC LOGISTIC EQUIPMENT CO. LTD and 100 TEUs from SYMCON Industries Pvt Ltd. In Feb 24, Company signed contract for buying 20-feet 1200 new range of “Marine Containers”, 100 every month with SYMCON Industries Pvt Ltd. On 18 June it received the second batch of 100 brand new containers from the company , marking a significant milestone in our commitment to the ‘Make in India’ initiative. The strategic purchase underscores company’s commitment to enhancing its logistical capabilities and expanding our operational capacity in the shipping industry.

    “The company remains steadfast in its commitment to achieve profitable growth which is evident as our investment increased in TEUs, sharp focus on expanding into new geographies, while establishing and enhancing stronger foothold in key operating markets, and providing comprehensive one stop logistic solutions. This growth is a testament to our strategic investments in fleet expansion and optimization of logistics operations and also underscores our capability to meet the rising demands of global trade”, said Mr. A. Khalik Chataiwala.

    The Indian shipping logistics industry is one of the most important sectors for the country’s economy. The sector is experiencing significant growth, with the Indian government aiming to increase the share of waterways transport in the overall transport mix from 6% to 12% by 2025. The Indian government has launched several initiatives to boost the shipping logistics industry, including LEADS (Logistics Ease Across Different States) initiative that aims to create a single-window online platform to provide end-to-end logistics solutions, including transport, warehousing, and value-added services. The government has also implemented subsidy schemes to promote Indian shipping companies, including the 12% subsidy on Indian-built and flagged vessels and a subsidy on shipbuilding and ship repair.

    For the FY24, company has reported total revenue of Rs. 646.8 crore, EBITDA of Rs. 88.1 crore (EBITDA Margin 13.9%) and Net Profit of Rs. 58.3 crore (PAT Margin 9.2%). EBITDA and PAT margin rise of 320 bps and 280 bps respectively in FY24 highlights improvement in operational and financial matrix of the company.

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  • IVY Growth Associates held a grand 21BY72 Startup Summit

    IVY Growth Associates held a grand 21BY72 Startup Summit

    Surat (Gujarat) [India], June 26: The mega event was organised to accelerate the startup ecosystem by providing a great platform for networking, learning and engagement. The two-day summit was attended by over 20,000 participants, 300+ startup founders, 100+ VCs, 500+ investors and renowned industry speakers.

    Organised in association with SteamHouse India and presented by Ayaani Lab Grown Diamond Jewellery, the event saw business leaders and experts sharing their insights on the latest trends in technology, business and entrepreneurship

    Surat: IVY Growth Associates, a leading angel network and startup ecosystem enabler based in Surat, organised the grand 3rd edition of its flagship event “21BY72 Startup Summit” in Surat on June 15 and 16.

    One of the largest startup summits in the country, this mega event attracted more than 20,000 participants, including over 200 startup founders, 600+ investors and industry leaders, providing an exceptional platform for networking, learning and participation. The summit was organised in association with SteamHouse India and Ayaani Lab Grown Diamond Jewellery.

    Gujarat BJP Home Minister Harsh Sanghavi was the special chief guest at the summit.

    Speaking about the event, Chartered Accountant and Investor Pratik Toshniwal said, “The third edition of 21BY72 saw the participation of more than 20,000 people, while the second edition had 16,000 people. It was attended by business leaders, eminent investors and experts from across the country, who shared their invaluable insights on the latest trends in technology, business and entrepreneurship. The summit also facilitated unprecedented networking opportunities, and will go a long way in strengthening the startup ecosystem in Gujarat and India.”

    The notable speakers at the summit included Anupam Mittal, Founder of shaadi.com and Shark Tank judge, Raj Shamani, Founder of Figuring Out and House of X, Arjun Vaidya, Co-founder of V3 Ventures, actor and entrepreneur Parul Gulati, Apurva Chamaria, Head of Venture Capital at Google India, Manish Chaudhary, Founder of Wow Skin Science, Bollywood actress Radhika Madan, among others.

    Speaking at the summit, shaadi.com Founder Anupam Mittal, said, “This summit is an excellent initiative. There is a lot of energy and enthusiasm and I am very excited to be a part of it. The summit’s theme is India’s development. Money and business are intrinsic to Surat. But, looking at how the world is evolving and technology is playing an increasingly important role, Surat must look beyond textile and diamond industries and venture into other businesses.”

    Bollywood actress Radhika Madan said, “We should move beyond the thought that business is going on and focus on innovative ideas. You should have the satisfaction in terms of empowerment. I am confident that this event will give a boost to the startup ecosystem. I got the opportunity to be a part of the summit and learn something new. My inclination towards investing in good startups has gone up after attending this summit.”

    Speaking at the summit, Rachit Poddar, Co-Founder of IVY Growth Associates said, “One of the highlights of the summit was Trailblazer Mine, a live pitching and fundraising event where selected startups got an opportunity to present their ideas to eminent investors, advisors and industry leaders. Around 100 startups showcased their products and services and presented their offers to investors and partners.”

    It is worth mentioning that with over 100 venture capital funds and 500+ angel investors, the summit provided startups with a unique opportunity to showcase their offerings and business ideas. A series of engaging panel discussions, keynote lectures and interactive workshops empowered entrepreneurs with valuable knowledge and growth opportunities.

    IVY Growth Associates is connecting startups with investors from India, UAE, UK, and the US and is on a mission to put Surat on the map of the global startup ecosystem. With the 21BY72 Startup Summit, it created a platform to accelerate the economy and employment besides promoting angel investing across India.

    In less than three years, IVY Growth Associates has invested in Rs. 20 crore in in deployed capital from its fund and syndicated funds totalling more than Rs. 80 crore from its network. It has invested in promising startups in diverse sectors such as renewable energy, protective farming, edtech and direct-to-consumer brands, and is also focusing on agritech, D2C, cleantech, SaaS, and EV. Some of the successful startups in its portfolio include Emotorad, Rupeek, Zappfresh, Zypp Electric and BluSmart.

    IVY Growth has also launched Arigato Capital, a SEBI-registered Category 1 AIF Venture Capital Fund to raise Rs. 250 crore to further fuel its capability to fund promising startups. As part of its expansion strategy, it is building a global corridor that connects angel investors and startups, with a special focus on the Middle East, US & Europe.

    The 21BY72 Startup Summit will go a long way in placing Surat on the global startup ecosystem map and making the city the next startup hub of India.

  • ALIAUM Boutique Goes Digital: Where Fashion Meets Nature

    ALIAUM Boutique Goes Digital: Where Fashion Meets Nature

    Goa (India), June 26:  ALIAUM Boutique, the brainchild of renowned actor Mithun Purandare, is set to revolutionize the fashion world by launching its highly anticipated online platform, www.aliaumboutique.com. Best known for his stellar performance in “Madgoan Express” alongside Divyendu and Pratik Gandhi, under the direction of Kunal Kemmu, Purandare is now channeling his creativity into the world of fashion.

    Established three years ago, ALIAUM Boutique has become a cherished destination for fashion enthusiasts seeking a unique blend of elegance and nature. Nestled in the heart of Goa, the boutique draws inspiration from the region’s breathtaking landscapes, offering clothing that embodies the serene beauty and vibrant culture of its surroundings.

    ALIAUM’s collection is a celebration of nature’s artistry, featuring designs that are both sophisticated and environmentally conscious. Each piece is crafted with meticulous attention to detail, ensuring that customers not only look good but also feel connected to the natural world. The boutique’s commitment to sustainability is evident in its use of eco-friendly materials and ethical production practices.

    The launch of www.aliaumboutique.com marks a significant milestone for ALIAUM. This new digital platform allows fashion lovers from around the globe to explore and purchase ALIAUM’s exquisite designs from the comfort of their homes. The website offers an immersive shopping experience, showcasing the boutique’s latest collections through high-quality images and detailed descriptions that capture the essence of each piece.

    “We are thrilled to bring ALIAUM’s unique vision to a wider audience,” says Mithun Purandare. “Our online boutique is designed to offer the same personal touch and connection to nature that our in-store customers have come to love. We believe that fashion is not just about what you wear, but how it makes you feel and the story it tells.”

    To celebrate the launch, ALIAUM Boutique is offering an exclusive 10% discount on all online purchases for the first month. Shoppers can also look forward to special promotions, limited-edition releases, and virtual styling sessions with fashion experts.

    Visit www.aliaumboutique.com today and discover where fashion meets nature. Join the ALIAUM community and experience the perfect harmony of style and sustainability.

    About ALIAUM Boutique:

    ALIAUM Boutique is a fashion brand founded by actor Mithun Purandare. Located in Goa, ALIAUM offers nature-inspired clothing that combines elegance with eco-friendly practices. The boutique is dedicated to providing high-quality, sustainable fashion that reflects the beauty of the natural world.

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