Category: Business

  • Creator Economy Platform Pluc.tv Raises Pre-Seed Funding Round, Joins Expert DOJO in California

    Creator Economy Platform Pluc.tv Raises Pre-Seed Funding Round, Joins Expert DOJO in California

    Read Time:3 Minute, 37 Second

    May 5: Pluc.tv, which “believes in powering the rise of the creator middle class” will be joining start-up accelerator Expert DOJO in Southern California on the heels of crossing half a million users. Start-to-finish creator economy platform Pluc.tv announced that it has raised an undisclosed amount in pre-seed funding and is joining Expert DOJO, an international early-stage start-up accelerator in Southern California.

    Pluc.tv will use these funds for the growth of the platform, implementing a robust go-to-market strategy for international expansion and further product development. It has successfully tested out its creator community pilots in countries like Indonesia, Nigeria and the UK.

    Tamseel Hussain, Founder and CEO of Pluc.tv said “We’re very excited for this phase in the Pluc.tv journey. Our vision is to create an equal world where anyone can monetize early through storytelling and original content. Despite being bootstrapped so far our platform was being used by almost 500,000 people with creators joining in from over 22 countries. Now with Expert DOJO’s expertise in international markets, we can’t wait to take this growth curve further.”

    “Pluc.tv on the other hand, believes in powering the rise of the creator middle class — aiming to enable 99.9% of creators in the world to learn, create and monetize” said Hussain.

    The ‘Pluc’ in Pluc.tv does, after all, stand for: ‘People Like Us Create’.

    More than 50 million people around the world consider themselves creators today and India’s creator community is expected to cross 100 million in the next 5 years. However, most platforms are being built on the same culture – pushing money only to the 0.01%. To get big Twitch payouts, for instance, you have to be among the top 0.01% of streamers. The top 10 publications on Substack make the major chunk of subscription revenue. The top 1% of podcast earners make the vast majority of podcast ad revenue.

    The creator economy is driving major advertiser attention towards creators with massive followings. As a consequence, more platforms are focusing on trend-driven content that has lower replay value and will last only for a few hours or days. But Pluc.tv helps creators create amazing original content that lasts longer on the internet, irrespective of trends or their follower count. It does this, fulfilling many storytelling monetisation aspirations, with a robust creator stack and B2B2C model which helps brands access new creators and get their own shows.

    In this way, Pluc.tv has built a seamless ecosystem that enhances storytelling and helps more creators enter the creator economy to create amazing content and earn their first buck. Brands too, can find unique creators and stories to partner with.

    From a doctor who wanted to offer credible information during the pandemic reaching millions of people to a group of young students from rural India creating their own short film in less than 60 hours Pluc.tv is used by thousands of creators to not only produce and share their content but also learn new skills via courses and apply for new gigs.

    The company was founded in 2017 and today it comprises 500,000 users and 32,000 creators with 7,000+ published stories and 120+ shows in 12 languages that have reached over 500 million people worldwide. With creators from 22 countries on its platform, including India, Indonesia, Nigeria, UK and US. Pluc.tv has approximately 200,000 monthly users who view content on its platform. It won the Silver for ‘Best Use of Online Video’ at the prestigious WAN-IFRA Awards for two consecutive years. Some of the top content categories on the platform include health, environment, gender, finance, gaming and art and culture. Pluc.tv also has its iOS and Android apps in beta testing with selected creators and will launch it for more users soon.

    Commenting on Pluc.tv joining Expert DOJO, Brian Mac Mahon, founder of Expert DOJO, said, “Expert DOJO is excited to bring Pluc.tv into our cohort and help them grow their business. We invested in their company because we think they fill a massive need in the market and believe they will play a huge role in the creator economy around the world. We are looking forward to joining them throughout this entire journey.”

    The post Creator Economy Platform Pluc.tv Raises Pre-Seed Funding Round, Joins Expert DOJO in California appeared first on Republic News Today.

  • Ramagya School hosts prestigious ‘14th Pre-U.P. State Shooting Competition’ for the second time in Uttar Pradesh

    Ramagya School hosts prestigious ‘14th Pre-U.P. State Shooting Competition’ for the second time in Uttar Pradesh

    Read Time:2 Minute, 59 Second

    May 5: Today sport emerges as an important component of socio-economic development of our country. Thus, it becomes vital for schools to offer good opportunities to students to engage and compete in sports. As one of the top schools in India, Ramagya School strives to help-develop this growing sports culture among the people of the nation. For Ramagya, holistic health for all is equally essential as healthy citizens contribute not only in the development of GDP but also strive to bring name, laurels and glory for the nation. Keeping up with the trend, Ramagya School recently hosted the “14th Pre-U.P. State Air Weapon Shooting Competition” by U.P. State Rifle Association (UPSRA) in collaboration with Shoot X academy. Participation was open to competitors belonging to Uttar Pradesh only.

    The ‘14th Pre-U.P. State Shooting Competition’ witnessed a phenomenal success with record-breaking 1800 participants from 48 districts and 35 shooting clubs of Uttar Pradesh participating in the competition. Moreover, the competition was one of India’s biggest shooting events in recent times with 80 shooting lines used during the competition. The event was blessed with the presences of some of India’s biggest names in shooting as chief guests. The competition was organized in various categories such as Air rifle Championship Men Individual and Team, Women Individual and Team, Junior Men, Women, Veteran Individual, Handicapped Men and Women. The Jury of the competition consisted of following Members: – 1. Shri Jagdeep Madhok, Senior Vice President, UPSRA. 2. Shri G.S. Singh, Honorary Secretary General, UPSRA. 3. Shri Rohit Jain, Joint Secretary, UPSRA.

    The event was declared open on 23rd April, with an opening ceremony. The ceremony boasted of the shining stars of Shooting Arena as guests, such as Mr. G.S. Singh (Gen. Sec, U.P. State Rifle Association); Mr. Arun Singh (Joint Secretary, U.P. State Rifle Association) and Mr. NitinChaudhary (Founder& Coach, ShootX Academy). The event was also graced by the presence of Dr. Sanjay Gupta (Chairman, Ramagya Group), Mr. Utkarsh Gupta (MD, Ramagya Group) and Ms.Aparna Magee (Principal, Ramagya School, Noida).The event commenced with the lightning of the lamp. The esteemed guests of honor spoke to the gathering about the need of recognizing sports as an asset and striving for the betterment of scope in Olympics. They also spoke about the famous shooters of India-their lives and their struggle.

    In an interview, Mr. G.S. Singh said, “The Ramagya School and ShootX Academy have done an exceptional work in organizing this prestigious shooting competition by U.P. State Rifle Association – one of the oldest State Rifle Association in India. Such events greatly boost the morale of young and aspiring shooters in bringing laurels for the nation.”

    Participation and qualifying in Pre-UP State Shooting Competition was compulsory for those shooters who will be participating in 45thU.P. State Shooting Championship Competition for the first time. A minimum of 50% score was required in Pre-UP State to qualify for U.P. State Shooting Championship Competition. Shooters who failed to attain 50% will not be allowed to participate in U.P. State Shooting Championship Competition.

    The final rounds of the completion were held on 26 April, 2020 and the awards were presented by legendary shooter and the president of the U.P. State Rifle Association – Mr. Shyam Singh Yadav. At the end of the closing ceremony, Mr. Utkarsh Gupta (MD, Ramagya Group) and Ms. Aparna Magee (Principal, Ramagya School) congratulated the participants of the competition and extended their best wishes for the upcoming National Championship.

    The post Ramagya School hosts prestigious ‘14th Pre-U.P. State Shooting Competition’ for the second time in Uttar Pradesh appeared first on Republic News Today.

  • BNI’s Symposium 2022, a confluence of business, fun, and learning – Primex News Network

    BNI’s Symposium 2022, a confluence of business, fun, and learning – Primex News Network

    Ahmedabad (Gujarat) [India], May 5: Symposium 2022, the flagship event of Ahmedabad’s favourite business network for premium entrepreneurs, Business Network International (BNI), will be the perfect confluence of business and entertainment.

    Taking place physically after two years, the Symposium will promote business, networking, creativity, innovation, and much more like never before. The mega event will take place from May 6-8 at Club O7.

    “Symposium 2022 will be the city’s biggest networking event of the year. It will see many activities aimed at promoting business, networking, creativity, innovation, and much more. We are thrilled by the response it has received from our 2,000+ members,” says Yash Vasant, Executive Director, BNI Ahmedabad.

    Symposium 2022 will kick off with the Sicilian Carnival, a special evening for families of BNI members to enjoy and cherish, on May 6.

    Actor Kabir Bedi will highlight the awards and speaker session on May 7, followed by the Sicilian Conclave that will see snap one-to-one business meetings between members. An exhibition, another important highlight of Symposium 2022, featuring 70+ stalls by leading professionals, is expected to attract 5,000 visitors in a day.

    The Sicilian Gala, the annual awards night that is often called the Oscars of BNI Ahmedabad, is expected to be attended by over 2,000 people, comprising members, spouses, and kids on May 8. Over 100 awards will be given at the night.

    The finale of BNI’s Got Talent, where members can showcase their talent, will mark the culmination of Symposium 2022.

    “Symposium 2022 has been planned in a way that there is something for everyone. There is business of course, but there are a lot of fun activities for spouses and also children. Children will also get a chance to showcase and polish their entrepreneurial skills,” adds Yash.

  • BNI’s Symposium 2022, a confluence of business, fun, and learning

    BNI’s Symposium 2022, a confluence of business, fun, and learning

    Read Time:1 Minute, 30 Second

    Ahmedabad (Gujarat) [India], May 5: Symposium 2022, the flagship event of Ahmedabad’s favourite business network for premium entrepreneurs, Business Network International (BNI), will be the perfect confluence of business and entertainment.

    Taking place physically after two years, the Symposium will promote business, networking, creativity, innovation, and much more like never before. The mega event will take place from May 6-8 at Club O7.

    “Symposium 2022 will be the city’s biggest networking event of the year. It will see many activities aimed at promoting business, networking, creativity, innovation, and much more. We are thrilled by the response it has received from our 2,000+ members,” says Yash Vasant, Executive Director, BNI Ahmedabad.

    Symposium 2022 will kick off with the Sicilian Carnival, a special evening for families of BNI members to enjoy and cherish, on May 6.

    Actor Kabir Bedi will highlight the awards and speaker session on May 7, followed by the Sicilian Conclave that will see snap one-to-one business meetings between members. An exhibition, another important highlight of Symposium 2022, featuring 70+ stalls by leading professionals, is expected to attract 5,000 visitors in a day.

    The Sicilian Gala, the annual awards night that is often called the Oscars of BNI Ahmedabad, is expected to be attended by over 2,000 people, comprising members, spouses, and kids on May 8. Over 100 awards will be given at the night.

    The finale of BNI’s Got Talent, where members can showcase their talent, will mark the culmination of Symposium 2022.

    “Symposium 2022 has been planned in a way that there is something for everyone. There is business of course, but there are a lot of fun activities for spouses and also children. Children will also get a chance to showcase and polish their entrepreneurial skills,” adds Yash.

    The post BNI’s Symposium 2022, a confluence of business, fun, and learning appeared first on Republic News Today.

  • Sixteenth Street Asian Gems Fund picks up stake in BLS International Services Ltd

    Sixteenth Street Asian Gems Fund picks up stake in BLS International Services Ltd

    Read Time:1 Minute, 20 Second

    Mumbai (Maharashtra) [India], May 5: BLS International Services Ltd. (BSE: 540073, NSE: BLS) is a trusted global tech-enabled services partner for governments and citizens, having an impeccable reputation for setting benchmarks in the domain of visa, passport, consular, citizen, e-governance, attestation, biometric, e-visa and retail services since 2005.

    As per bulk deal data available on NSE, Sixteenth Street Asian Gems Fund picked up 10,00,000 shares in BLS International Services Ltd. at an average price of Rs. 358.25 on May 04, 2022.

    Earlier the board had approved the issue of bonus shares in the ratio of 1:1, i.e. Bonus Issue of Equity Shares in the proportion of (One) Equity Share of Re 1/- each for every (One) Equity Share of Re 1/- each held by the shareholders of the Company as on the record date, May 17, 2022, subject to approval of shareholders.

    BLS International Services Ltd. is recognized as “India’s Most Valuable Companies” by Business Today Magazine, “Best under a Billion” company by Forbes Asia and ranked amongst “Fortune India’s Next 500 companies”.

    The company works with over 46 client governments including Diplomatic Missions, Embassies & Consulates and leverages technology and processes that ensure data security. The Company now has an extensive network of more than 12,287 centers globally with a robust strength of over 15,000 employees and associates that provide consular, biometric and citizen services. BLS has processed over 52 million applications till date globally.

    BLS International is the only listed company in India in this domain with operations spread across 66 countries.

    The post Sixteenth Street Asian Gems Fund picks up stake in BLS International Services Ltd appeared first on Republic News Today.

  • IDEA CLINICS to expand into 20 cities by the end of 2025

    IDEA CLINICS to expand into 20 cities by the end of 2025

    Read Time:4 Minute, 34 Second

    New Delhi (India), May 5: IDEA CLINICS (Institute Of Diabetes, Endocrinology & Adiposity Pvt Ltd), healthcare outside hospital is home to India’s largest group of Endocrinologists, aims to expand to 20 cities with a strength of 50 clinics by the end of 2025 with an objective of bringing diabetes treatment to your doorstep. IDEA CLINICS is addressing one of the largest health problems of the 21st century Diabetes and other Non-Communicable Diseases which account for highest deaths and disabilities across the world.

    Current health care systems, both in the public and private sectors are heavily oriented towards reactive care with episodic treatment. There is less emphasis on preventive, primary and continuity of care that is required to manage chronic conditions and reduce long term economic burden on individuals and the healthcare ecosystem. IDEA Clinics through its hybrid model has taken on this challenge of building a solution to tackle Diabetes and other NCDs at scale. IDEA Clinics has pioneered a Proactive & Continuous Care model with the right blend of human touch and precision healthcare technology to combat Diabetes and other lifestyle disorders.

    Dr Shyam Sunder Kalavalapalli, founder of Idea Clinics strongly believes that healthcare in the post COVID 19 era is transiting from the traditional hospital dependent transactional and fragmented care to more doctor supported, technology driven integrated convenient care, whether over the phone, at home or at centers in their neighbourhood. He believes healthcare models may struggle to sustain or add a lasting value without a doctor being at the center of care; after all, patients choose where to go based on the doctors rather than on the technology they possess.

    IDEA Clinics has touched thousands of people through its 360 degree healthcare service delivery model and made a deep impact in improving their health and ultimately their quantity and quality of life by leveraging the accuracy and precision of its proprietary technological tools. With in-house Technology, along with Precision health care, patients are kept informed on their historic health data with the support of App and health analytics engines. This is achieved by capturing every patient’s data consistently so that the right personalized care can be given.

    IDEA Clinics has a proven & sustainable business model which is low capital intensive, easily scalable and with little operational risks. And this is a great opportunity for strategic investors to help scale this initiative across India. Ideaclinics flagship products are Diabetes Care at Home, Heart care, BP care, Hormonal care at Home, Diabetes Reversal Therapy and other similar products in the areas of hormonal health and preventive care supported by its hybrid integrated model.

    Diabetes Reversal Therapy is a clinically proven 100-day program to reduce blood sugar, lose weight, prevent health complications and stop/minimize medications, with access to our team of Endocrinologists, Physicians & Dieticians and supported by analytics and machine learning tools.

    The Diabetes Care at Home is one of its kind programs that brings treatment of Diabetes to one’s doorstep. Patients have the option of choosing from a short-term or an extensive program. Accordingly they have access to all types of screenings, lab tests, dietary assessments, prescriptions from the best endocrinologists, health coach support and even have medicines delivered to their doorstep.

    Idea Clinics aims to serve 25 Million Indians in the next few years with an omni-channel tech enabled remote healthcare model along with establishing 50 super specialist clinics in Tier 1 and 2 cities by 2025.Having piloted a profitable model for health care outside hospitals in Hyderabad with scalability across India, the leadership team are actively seeking investments and are at present in talks with strategic investors in Singapore and the US.

    The team comprises specialized and expert medical professionals, along with dedicated departments for handling operations, admin, in-house technology & marketing which cohesively function together as per organizational objectives.

    India is at the transitional period to be a global player and healthcare remains no exception. Infact, there are not many organizations within the health sector that could represent the whole Nation. At present, the health sector is confined to individual cities or regions and paradoxically unlike the western world, we behave as different Nations within the Country With some of the best doctors, technologists and man power, India needs to build national organizations which serve the needs of the 21st century. With advancements of technologies, there could be potential for healthcare needs to be outsourced from the western world to India. Also, within India, the life expectancy is atleast a decade less compared to the western world. The quality of life remains poor with increased hospitalizations at young age for cardiac, kidney and other avoidable ailments The inspiration was to make specialized care like that of the West available across India with a single database with India centric research and care facilities.

    Most healthcare needs in the present day are data-driven but the way healthcare providers care for patients is still largely divorced from the array of technologies available, like glucose monitors that can track historical trends or BP monitoring, sleep studies etc. Today most of the burden of managing one’s health is placed on the patients. The idea or inspiration was to reduce this burden through support systems with experts, technology, tele-health and home services and hence IDEA CLINICS was formed.

    Also, Idea Clinics has been awarded The Times Health Survey: Best Hospitals & Clinics Award for 3 consecutive years.

    The post IDEA CLINICS to expand into 20 cities by the end of 2025 appeared first on Republic News Today.

  • Colonel Rohit Dev Most Promising COO of the Year – 2022, Renewable Energy Category

    Colonel Rohit Dev Most Promising COO of the Year – 2022, Renewable Energy Category

    Read Time:3 Minute, 18 Second

    New Delhi (India), May 5: Renewable Energy Sector is an enabler towards India’s NetZero2070 Dream and Biomass-based Bio-Energy Industry is a niche domain which will contribute towards Biofuels like 2G Ethanol, CBG, SAF, Green Hydrogen and much more, while today the industrial applications are immense with huge prospects for entrepreneurship, growth, and refinement.

    A COO has to be dynamic, innovative & possess foresight and strategic attributes to lead in this Industry. One such personality is Colonel Rohit Dev; COO of the Punjab Renewable Energy Systems Private Limited; a 1st-time Entrepreneurial Endeavour of Lieutenant Colonel Monish Ahuja and today infused with Strategic Investor Partners like Shell & Mitsui and Investors in responsibility & Neev Fund.

    He is a person with a distinguished military career which spans nearly 24 years & vast experience and knowledge garnered during his military tenure has helped him lead in the ‘Corporate Avataar’ since 2018.

    Throughout his career in the military, he has distinguished himself professionally. He was a graduate of the National Defence Academy and has done several certification courses from prestigious institutes such as IIM, NIFM, and IIMC etc. He has been part of operational & logistic missions as part of the United Nations in Africa and held the most prestigious operational and logistics appointments while in the Army. He is widely regarded as a person who has had a penchant for thinking out-of-the-box, since his early days in the Armed Forces. These qualities of thinking quickly on his feet and devising innovative solutions to complex problems are what make him an ideal COO in the fast-changing corporate scenarios and to retain the competitive edge of his Company,  PRESPL, in the Industry. His military experience also incorporates discipline in his life; which in turn is integrated into process refinement in the organizations he works for today. He has vast experience in leadership roles, coupled with military-enabled HR skills, being a Distinction in M.Sc. in Operational Art & Strategic Thinking, augment his ever-evolving and impressive corporate portfolio.

    He has effectively contributed to the recognition and growth of the Biomass-based Bio-Energy Sector and his contributions in the Renewable Energy Space are well-acknowledged and his Policy Advocacy for the Industry is well accepted by Government, Industry bodies, and Agencies, in India and abroad. He has authored papers for various International journals & publications and has been a vocal proponent of Renewable Energy on many domestic & international platforms. He has been able to shape thoughts of Industry to commit to Bio-Energy solutions and reduce expenditure on import of fossil fuels, bring greater quality of life to the rural sector, introduce initiatives towards better climate and health; with a focus on Sustainable Development Goals and ‘Aatmanirbhar Bharat’.

    He has also made a significant number of appearances on televised debates and talk shows in Indian and foreign media and social media, as a renewable energy voice, a geopolitical analyst and a defence expert; which is a testament to his strategic acumen, oratory skills and thought-provoking ideas. He is also a lead Adjunct Professor with the Rashtriya Raksha University; besides being on various Government Committees & Boards.

    With his influencing potential on social media, calm presence in Industry, equally enigmatic quality of getting things done and committed Nationalistic Approach as well, Colonel Rohit Dev has managed to surpass all the obstacles in the path to promote the Bio-Energy Sector and in recognition of his selfless Toil, has been bestowed with the C-SUITE AWARD as the “Most Promising COO of the Year, Renewable Energy 2022”.

    As the moniker of the Award states that it’s given to someone who is known to have great potential to be one of the most prominent players in the corporate industry space and we wish Colonel Rohit Dev good luck and wishes in his continuing endeavors to shape the Energy Transition through Green Energy Revolution in India.

    The post Colonel Rohit Dev Most Promising COO of the Year – 2022, Renewable Energy Category appeared first on Republic News Today.

  • VistaVerse to launch the first metaverse experience with Kamal Haasan’s Vikram movie NFTs at Cannes Film Festival 2022 – Primex News Network

    VistaVerse to launch the first metaverse experience with Kamal Haasan’s Vikram movie NFTs at Cannes Film Festival 2022 – Primex News Network

    Mumbai (Maharashtra) [India], May 4: Vistas Media Capital will launch its first metaverse experience in VistaVerse in association with Lotus Meta Entertainment, and in partnership with Raaj Kamal Films International’s much-awaited movie, Vikram starring Kamal Haasan, Vijay Sethupathi and Fahadh Faasil, music by Anirudh, directed by Lokesh Kanagaraj and produced by Kamal Haasan and R Mahendran.

    VistaVerse, the soon to be launched metaverse by Vistas Media Capital, will also offer Vikram NFTs which will enable access to the experience and additionally offer many more real-world utilities to the buyers like access to unique artwork of characters, digital avatars, props, posters, mystery boxes, film memorabilia, fan interaction moments, private screenings, access to by-invite only to a travelling VistaDome party and a choice to convert some of the NFTs to actual underlying tangible assets. The limited-edition Vikram NFTs will be launched at Cannes Film Festival amongst the global film fraternity.

    Globally, the world is moving towards NFTs that bring utility to its holder and Vikram NFTs are the first such NFTs in India with very tangible benefits to the owner. Vikram NFTs will also give preferential access to virtual land sale in Mumbai and Chennai in VistaVerse which is the first such in-game asset to be launched in India.

    VistaVerse is a metaverse to be launched by Vistas Media Capital in an exclusive partnership with Lotus Meta Entertainment and it has components of virtual land sale, experiences, games and a marketplace. VistaVerse has many partnerships in place with major brands, celebrities, musicians, gaming companies, artists and production houses in India to offer a one stop experience of a metaverse. While this is the first such experience, VistaVerse aims to launch many more in the months to come.

    Commenting on the launch of Vistaverse, Abhayanand Singh, Group CEO of Vistas Media Capital states, “We are very excited to announce the launch of Vikram NFTs in Vistaverse which is the first such utility-based NFTs with multiple benefits to the owner. We believe that VistaVerse is the first real and tangible metaverse in India backed by 350 creative enthusiasts across 7 businesses owned by Vistas Media Capital.”

    Commenting on the launch of Vistaverse, veteran actor Kamal Haasan said, “It has been a pleasure to be a part of Fantico, and I look forward to Vistaverse which is uniquely placed to create a bridge between fans, fandom and talent in a language and platform that the youth today relates to. I am sure this will set a benchmark for more creators to use this disruption of content by blockchain for their future endeavours.”

    For more details please visit:- https://vikram.vistaverse.io/

  • R & B Denims Ltd. Announces Excellent Results; Yearly PAT up 108% YoY – Primex News Network

    R & B Denims Ltd. Announces Excellent Results; Yearly PAT up 108% YoY – Primex News Network

    Mumbai (Maharashtra) [India], May 4: BSE listed R & B Denims Ltd. (BSE: 538119), one of the most influential textile houses with largest vertically integrated textile manufacturing facilities of over 30 million meters capacity of denim has announced excellent results for quarter and year ended 31 March 2022. Amidst a challenging environment, R & B Denim Ltd. continues to grow, backed by a robust business model and its strategic ability to navigate through troubled times.

    To retain its competitive advantage and consistently deliver value to all stakeholders, it continues to focus on investments for Research and Development, technological enhancement and quality improvement through its state of art, ultra-modern, fully equipped R& D Laboratory, to sustain profit margins and increase operational efficiency.

    In FY 21-22, company has Produced 17.5 Million Meters of Denim Fabric that is equivalent to 11 Million pair of Jeans. The company has achieved a consolidated turnover of Rs. 2,844 million with Profit before tax of Rs. 280 Million representing a Jump of 97% Y-O-Y. The yearly PAT rose 108% YoY, to Rs.217 Million.

    In FY 21-22, company participated in GARTEX Denim Show at Delhi as well as in CAIRO, EGYPT which gave promising results in getting new customer base and helped to increase demand of Products in Overseas as well as domestic Markets. Exports have increased from 220 Million in FY 20-21 to 720 Million in FY 21-22. Representing growth of 225% in a year. As on March’22 our exports for represents 25% of our total sales which we are further expecting to Increase based on the Strong demand from overseas market.

    Even in domestic market average Selling price has increased from Rs. 140 in FY 2020-21 to Rs. 165 mainly due to selling premium Quality Denim and increase in Profitability as it remains eagle-eyed with inventory management policies. The efficient inventory management helped increase sales, maintain prudent working capital and increased productivity. The company increased proportion of premium products thereby strengthening margins. The Coactions of our techniques shall help to create enhanced value for stakeholders.

    One of the few denim manufacturers capable of producing high width denim up to 76 inches.

    Company’s clients include major brands like Arvind, Killer, Lifestyle, Reliance Retail, etc.

  • Dr Ashleys Limited infuses academic researchers on Board, inducts top strategists in Advisory Board – Primex News Network

    Dr Ashleys Limited infuses academic researchers on Board, inducts top strategists in Advisory Board – Primex News Network

    One of Europes’s Most renowned Economist Prof Dr Nina, Director, Director of Department of Economics at The Latvian Acadamy of Sciences and AS Lights Director Mr Gerhald to guide HOPSTEDTER 

    Hong Kong, May 4:  Dr Ashleys Limited , the Hong Kong based pharmaceutical Company today announced the induction of noted & eminent global researchers as advisors to the board of directors. Europes’s most renowned Economist Prof Dr Nina Linde, ,  Director of Department of Economics at The Latvian Acadamy of Sciences  and  AS Lights Director Mr Gerhald  Hopstedter will be guiding & advising the  Dr Ashleys Limited’s Board of Directors in building  the company as a strong international pharmaceutical company in its pursuit to its mission to widen its academic excellence.

    Announcing the appointment of two seasoned academic researchers as Advisors, {Prof} Dr. Kannan Vishwanatth, Managing Director of Dr Ashleys Limited said “We are pleased to announce Dr Nina Linde and Mr Mr Gerhald Hopstedter on our Board. We can’t wait to see how our highly experienced board members will enlighten us to develop the vision and purpose of building Dr Ashleys in the market by advising on matters of strategic importance, leverage decades of top-tier industry experience, broaden and deepen our relationships, and ensure continued growth and success.

    Dr Nina Linde has broad leadership experience in corporate management and academia. She is an international speaker recognized by peers, executives, and students with numerous awards for her innovative leadership and passion for teaching. She inspires students from both business and engineering disciplines in his courses for open innovation, business models, smart cities, scalable smart villages, and business models for emerging economies…

    Before joining the academy of Sciences Latvia Dr Linde has been the Advisor to Ministry of education in Latvia, Mr Gerhald Hopstedter is a noted author & research analyst. Dr Satya is the founder chairman of AS Lights and Balticsmagazine, Baltics states  most acclaimed research firm engaged in timely, in-depth analysis of companies, industries, markets, and world economies. Mr Gerhald Hopstedter is also the author of many top books Mr Gerhald is most respected & distinguished entrepreneur & known for championing the cause of Citizen’s rights & free speech.

    Dr Ashleys Limited is a research-focused vertically integrated pharmaceutical Company, which Contract manufactures active pharmaceutical ingredients and is in contract research and manufacturing services (CRAMS). The Company is a market leader in the Antimalarial API segment and is the world’s third-largest contract manufacturer of Quinine salts. It also exports its products to more than 60 emerging countries in Africa, Central and South America, and Asia.