Category: Press Release

  • Overwhelming Response To Sarveshwar Foods Limited Rights Issue Of 24,99,10,469 Fully Paid-Up Equity Shares Aggregating To Rs. 149.95 Crores

    Overwhelming Response To Sarveshwar Foods Limited Rights Issue Of 24,99,10,469 Fully Paid-Up Equity Shares Aggregating To Rs. 149.95 Crores

    Srinagar (Jammu & Kashmir) [India], September 17: Sarveshwar Foods Limited today announced that it has achieved successful closure of Rights Issue of 24,99,10,469 (Twenty-Four Crore Ninety-Nine Lakh Ten Thousand Four Hundred Sixty- Nine) Fully paid-up Equity Shares aggregating to ₹ 149.95 Cr. having issue price of ₹ 6/- per Equity Share (including a share premium of ₹ 5 per share) (the “issue price”) on a rights basis to the eligible equity shareholders of our Company closed successfully on September 16, 2025.

    Amount Payable per Rights Equity Share

    i.e. Issue Price

    Face value () Premium () Total
    On Application 1.00 5.00 6.00

    The Rights issue was oversubscribed by 1.35 times.

    Sarveshwar Foods Limited, is engaged in the business of manufacturing, trading, processing, and marketing of branded and un-branded basmati and non-basmati rice in the domestic and international markets, announced today the successful closure of the issue of 24,99,10,469 (Twenty-Four Crore Ninety-Nine Lakh Ten Thousand Four Hundred & Sixty-Nine) Fully paid−up Equity Shares (including a share premium of ₹ 5 per share) (the “issue price”) on rights basis to the eligible equity shareholders (the “Rights Issue”) which was launched on September 02, 2025.

    The issue resulted into subscription of 33,85,67,058 shares resulting into oversubscription by 1.35 times. The issue period was from September 02, 2025, to September 16, 2025. The issue size was 24,99,10,469 (Twenty- Four Crore Ninety-Nine Lakh Ten Thousand Four Hundred Sixty-Nine) Fully paid-up Equity Shares aggregating to ₹ 149.95 Cr. having issue price of ₹ 6/- per Equity Share (including a share premium of ₹ 5 per share) (the “issue price”) on a rights basis to its eligible equity shareholders in the ratio of 12 (Twelve) Rights Equity Share for every 47 (Fourty-Seven) fully paid-up Equity Shares held as on record date i.e. August 22, 2025. The payment schedule for this issue is fully paid up, with 100% of the amount i.e. ₹6 per share, payable at the time of application.

    The funds raised via rights issue will be used in the manner described in the Letter of Offer dated August 21, 2025., i.e.

    1. To augment the existing and incremental working capital requirement of our Company.
    2. General Corporate Purpose

    The allotment and listing formalities of the new shares on the BSE and NSE are expected to be completed on or about Wednesday, September 17, 2025 and Friday, September 19, 2025 respectively.

    Commenting on the success of the Rights Issue, Shri Mr. Rohit Gupta, Chairman of Sarveshwar Foods Limited, said, “I express my sincere thanks to our dear and esteemed shareholders for participating in this Rights Issue and making it a new and proud landmark in the history of India’s capital market.

    Our shareholders have always been our biggest source of strength. Our decades-old relationship based on trust has consistently spurred us to achieve more. We are delighted and humbled by their extraordinary show of confidence in the future of Sarveshwar.

    Intermediaries for this rights issue:

    • Bigshare Services Private Limited – Registrar to the Issue
    • KRA & Co, Chartered Accountants – Statutory Auditor to the Company,
    • Kotak Mahindra Bank Limited – Banker to the Issue.

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  • RUA Salon Opens Its Doors in Juhu, Redefining Luxe Beauty & Wellness Experiences; Owned by Unnati V Gupta

    RUA Salon Opens Its Doors in Juhu, Redefining Luxe Beauty & Wellness Experiences; Owned by Unnati V Gupta

    Mumbai (Maharashtra) [India], September 15: The world of beauty and self-care witnessed a glamorous new addition as RUA Salon opened its doors in Juhu with a spectacular grand launch event. Attended by prominent personalities, influencers, and beauty enthusiasts, the launch was a true celebration of elegance, comfort, and luxury.

    Complete Range of Services

    RUA Salon offers a comprehensive portfolio of beauty and grooming services, pampering clients from head to toe:

    1. Hair Care – Stylish cuts, colouring, keratin & smoothening treatments, hair spas, and scalp therapies.

    2. Skin & Facials – Customised facials, glow therapies, advanced skin rejuvenation, and clean-ups.

    3. Makeup & Styling – Bridal, party, and editorial makeovers that enhance natural beauty.

    4. Hands & Feet – Luxury manicures, pedicures, nail art, and extensions.

    5. Massage & Relaxation – De-stressing head, neck & shoulder massages along with relaxation rituals.

    6. Grooming – Waxing, threading, body polishing, and custom packages.

    The Vision Behind RUA

    At the heart of RUA Salon is the founder, Unnati V Gupta, whose vision is to create a space that elevates beauty into an experience—celebrating self-care as an essential part of modern living.

    Her mission is simple yet powerful: to provide world-class grooming and wellness services in an environment that feels indulgent, empowering, and transformative.

    Luxe Ambience

    Guests were welcomed into RUA Salon’s modern, luxe interiors, which set the perfect tone for a premium experience. The thoughtfully designed space reflects sophistication and warmth, making every corner an inviting haven where customers can truly indulge in self-care.

    Celebrity Guests

    The grand launch was graced by a glittering lineup of celebrities and personalities, including:

    Poonam Dhillon, Jackky Bhagnani, Poonam Pandey, Sara Arfeen Khan, Ankkitha Maithy, Shweta Khanduri, Vijayta Pandit, Ayesha Jhulka, Deepshika Nagpal, Kirti Choudhary, Prashant Virendra Sharma, Shibani Kashyap, Ramandeep Kaur, Palash Dutta, Atirek Bhardwaj, Mreenal Deshraj, Shweta Pandit, Avitesh Shrivastav, Ankur Nayyar, Leena Mogre, Rohit Verma, Rehan Shah, Madhurima Nigam, Sangeeta Kapure, Gaurav Sharma, Gulfam Khan, Swami Oma Akk, Mitali Nag, Asif Merchant, Prachi Shah, and many more.

    Founder’s Words

    Speaking at the launch, Unnati shared her inspiration behind RUA Salon:

    “At RUA, we wanted to create a sanctuary where beauty meets comfort and self-care becomes effortless. Our vision is to redefine salon culture in Mumbai by offering not just services but an experience that elevates confidence and well-being,” said the owners.

    A New Beauty Destination

    Attendees praised the salon for its thoughtful interiors, luxurious ambience, and professional team, setting high expectations for RUA to become Mumbai’s go-to beauty destination.

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  • Chaltabagan Durga Puja theme to highlight the ‘old world charm’ of North Kolkata

    Chaltabagan Durga Puja theme to highlight the ‘old world charm’ of North Kolkata

    Kolkata (West Bengal) [India], September 16: Chaltabagan Durga Puja, which was started in 1943, will highlight the spirit of the fading old world charm of north Kolkata culture through its theme `Mool’ or roots. This year’s theme alludes to the adverse onslaught of modernity and gentrification on the para (community) culture of north Kolkata.

    “With the UNESCO heritage tag, Durga Pujas themes send out a very strong global message. Manicktala Chaltaban Durga Puja has been a pioneer and a trendsetter in innovating Puja themes and events. This year’s theme, `Mool’, is an attempt to highlight the rapidly fading north Kolkata culture through artistic expression. It is a call to go back to our roots and introspect,” said Sundeep Bhutoria, Chairman, Manicktala Chaltabagan Lohapatty Durga Puja Committee.

    “To walk from Shyambazar to Shobhabazar through the narrow, winding lanes of North Kolkata is to traverse more than mere geography. It is a journey through the city’s soul – a living archive. Gentrification is altering the streetscape. Heritage buildings – old havelis and colonial mansions – are being restored, but not as homes. They are repurposed into boutique hotels, chic art cafés, and cultural hubs aimed at a new class. Traditional tea stalls and age-old bakeries now share space with trendy cafes; vibrant murals cover once-faded walls. While these changes bring a new vibrancy, they come at a cost,” said Mr Bhutoria.

    “The balconies and verandahs were not just architecture; they were poignant symbols – the heart of the “rowak adda” culture – the vibrant, informal conversations that forged community bonds. The role of historic cultural practices is eroding as new buildings replace old houses, reducing the communal spaces for the informal interactions that once defined the neighbourhood’s spirit,” he lamented.

    Manicktala Chaltabagan Lohapatty Durga Puja, universally known as the Chaltabagan Durga Puja, was started in 1943 in the Manicktala area of North Kolkata by a group of local young enthusiasts and businessmen. The area was historically known as “Lohapatty” (literally meaning “iron scrap neighbourhood”) due to the numerous scrap iron merchants and workshops located there.

    The 1970s marked a dramatic turning point for Chaltabagan, transforming it from a local puja to a city-wide sensation. In 1976, for the first time under Probir Ganguly’s leadership, Chaltabagan pioneered the concept of the “theme puja” in its modern, spectacular form. That year, they created a pandal replicating the famous “Jagannath Temple of Puri” in Odisha. This was a revolutionary step and a trendsetter. The intricacy, scale, and authenticity of the replication were unheard of at the time. It drew massive crowds from all over Kolkata and set a new benchmark for Puja pandals. This move is often credited with starting the trend of extravagant, theme-based pandals that define Kolkata’s Puja today.

    After the success of 1976, Chaltabagan became synonymous with innovation and grandeur. Year after year, the committee tried to outdo itself. They replicated famous temples from across India, such as the Dilwara Jain Temple (1981)Meenakshi Temple (1984), and Golden Temple (1985).

    Later, they expanded their themes to include historical monuments and global wonders, like a Mughal Fort and even a massive, breathtaking Recreation of the Swiss Alps (1990), complete with artificial snow, which became the stuff of legend.

    The committee began collaborating with renowned artists and artisans from across Bengal and India, further elevating the artistic quality of their idols and pandals. Chaltabagan Durga Puja can also be credited for starting curated events around Durga Puja, like the dhak utsav, khuti puja, sindoor khela and puja parikrama for the elders. All these trends have been widely embraced by various puja committees in the state and have become an intrinsic part of the puja festivities.

    The Puja became a mandatory destination for Kolkatans and tourists during the festival. The long, snaking queues to get a glimpse of the Chaltabagan pandal became an integral part of the Puja experience.

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  • Evolving Diagnostic Technologies: The Complementary Roles of ELISA and CLIA in India

    Evolving Diagnostic Technologies: The Complementary Roles of ELISA and CLIA in India

    New Delhi [India], September 16: The Indian in-vitro diagnostics (IVD) industry has been increasing at an incremental rate, owing to numerous innovative technologies that have been its primary support. ELISA (Enzyme-Linked Immunosorbent Assay) has been the mainstay of diagnostic test, not only in India, but also in the rest of the world over the last fifty-odd years. The ELISA plate was associated with low cost, availability, and reliability. No overstatement is made describing how ELISA influenced the diagnostic scene in the field of infectious disease, autoimmune disease and regular screenings in economically constrained contexts.

    The current trends, however, are different with demands on laboratories. Increased patient numbers, burden of chronic diseases and the increasing demand of quick turnaround have challenged diagnostics to a new dimension. CLIA (Chemiluminescence Immunoassay) has been found to be the new technology of tomorrow that supplements the role played by ELISA. Forms CLIA offers automation, increased sensitivity as well as throughput yet ELISA still has its uses in specific, cost sensitive applications.

    Direct comparisons between CLIA and ELISA show that both technologies produce strong results. However, CLIA frequently edges ahead in terms of sensitivity and specificity, particularly in complex assays. CLIA minimizes reruns and assists laboratories in creating more consistent reports in high-stakes scenarios, such as blood safety and infectious disease screening, by providing a broader dynamic range and reduced background noise.

    A significant portion of ELISA solutions are either manual or semi-automatic, requiring stackable solutions for Automated processes, while CLIA fits in effortlessly into automated workflows, thereby providing greater comfort, ease of use, and better suited for high-volume testing. CLIA analyzers are a good example of technology providing both reliability and efficiency. Features like refrigerated onboard reagents and continuous sample loading are common in compact systems that have an output of 100–200 assays per hour. Larger integrated tracks merge chemistry and immunoassay, allowing labs to run panels around the clock with minimal intervention.

    This automation not only reduces human error but also stabilizes turnaround time, critical in emergency departments and high-volume diagnostic centers.

    While ELISA remains ideally suited for many low and mid-volume scenarios, CLIA’s advantages are most visible in:

    • Infection Serology: like HBV, HCV, HIV, and dengue panels that require early detection and low false-negative rates
    • Endocrinology, including Thyroid and fertility panels like TSH, AMH, and LH, that enable accurate quantification to facilitate long-term patient management.
    • Cardiology – Emergency cardiac care necessitates the use of high-sensitivity troponin and NT-proBNP assays.
    • Oncology & Autoimmune Testing: (PSA, CEA, and ANA markers), where reproducibility and linearity matter for clinical confidence.

    The greater utilization of CLIA in India is not by chance or accident. It is quite a strategic action considering the social-economic factors as well as the Indian diverse and far distant rural population. It is a product of the healthcare reforms that are contributing to market consolidation. Initiatives like Ayushman Bharat are leading to more people having access to sophisticated diagnostics. The PM-ABHIM project is establishing a national system of surveillance laboratories and this leads to the need to have standardized, automated platforms.

    In the meantime, the spread of NABL accreditation is ongoing in the country, and laboratories are forced to implement systems that are capable of providing reproducibility and traceability at scale. Partnership consolidation is also happening through diagnostic chains to push the initiative towards the integrated chemistry-immunoassay platforms in which the default backbone is CLIA.

    The immuno assay market of India is expected to grow by 2024 to USD 900 million and by 2030 to USD 1.31 billion, whereas the immuno assay analyzers will grow by 2024 to USD 241 million and by 2030 to USD 342 million. In this segment, a chemiluminescense analyzers are expected to experience a growth rate of approximately 6 percent CAGR by the year 2033.

    ELISA will not be completely pushed out of this growth. In its place, ELISA will continue to be concentrated in the lower volume, decentralized facilities and certain public health programs. Meanwhile, core laboratories, tertiary hospitals, and multi-site providers with the need to be fast, automated, and precise are dominated by CLIA.

    For clinicians and laboratory managers, the lesson is clear: this is not a fruitless choice. ELISA and CLIA fulfill diverse but complementary requirements. In comparison, ELISA is the ideal choice for cost-sensitive, smaller volumes and specific programmatic testing, while CLIA is critical when sensitivity, scalability, and turnover are of the utmost importance. A hybrid approach, which employs CLIA for routine high-throughput menus and ELISA for select assays, frequently results in the most optimal patient outcomes and the most equitable economics.

    ELISA and CLIA are the partners in progress at J Mitra and Company. On the one hand, achieving a stronger ELISA portfolio that includes the tests of more than 27 parameters to be used by the laboratories in India, we are investing in CLIA based on the Indian loads. We have a product line of 44+ parameters in CLIA (infectious disease serology, thyroid and fertility panels and cardiac markers). Our analysers are designed in terms of uptime and cost management, making them affordable but not sacrificing on accuracy.

    We are not trying to steal ELISA out of all locations, but we want to make sure that each lab has the appropriate technology in its environment, be it community-based ELISA test or a high-volume CLIA panel in a core lab.

  • How Plant Protein Supports Weight Loss and Muscle Gain?

    How Plant Protein Supports Weight Loss and Muscle Gain?

    New Delhi [India], September 15: In today’s fast-paced world, health and fitness have become more than just trends—they are essential aspects of a sustainable lifestyle. Whether your goal is to shed excess weight, sculpt lean muscles, or simply feel more energized throughout the day, nutrition plays a critical role in determining your success. Traditionally, animal protein has been considered the “gold standard” for building muscle and supporting weight management. However, more and more people are turning to plant-based protein sources, not only for ethical and environmental reasons but also for their unique health benefits.

    Plant protein is no longer seen as an inferior option; research now highlights its powerful role in weight control, muscle development, and overall well-being. Derived from sources such as legumes, seeds, grains, and protein powders, plant protein provides essential amino acids, fiber, and micronutrients that enhance satiety, support digestion, and fuel the body effectively. Beyond the physical benefits, plant protein also contributes to reduced risk of chronic disease and promotes a cleaner, more sustainable approach to nutrition.

    Weight Loss Benefits of Plant Protein

    Keeps You Fuller for Longer

    One of the biggest challenges when trying to lose weight is dealing with hunger pangs and cravings. Plant proteins are often rich in dietary fiber, which slows digestion and helps you stay fuller for longer. For example, lentils, chickpeas, and quinoa not only provide protein but also deliver fiber that regulates blood sugar levels, preventing sudden spikes and crashes that often trigger overeating. Feeling satisfied after meals reduces the temptation to snack unnecessarily, making it easier to stick to a calorie deficit.

    Boosts Metabolism Through the Thermic Effect of Food

    Protein—whether from plants or animals—requires more energy for digestion compared to carbohydrates or fats. This is called the thermic effect of food (TEF). Since your body burns more calories to process protein, adding more plant protein to your meals helps naturally boost metabolism. Over time, this additional calorie expenditure can support fat loss while preserving lean mass.

    Supports Healthy Digestion and Gut Health

    Unlike many animal proteins, plant-based sources often come packed with prebiotic fiber that feeds healthy gut bacteria. A balanced gut microbiome has been linked to better metabolism, reduced fat storage, and more efficient nutrient absorption. This means that not only do plant proteins help with weight loss directly, but they also optimize your digestive system to work in your favor.

    Aids Long-Term Weight Management

    Unlike restrictive crash diets that often lead to rebound weight gain, plant protein supports sustainable weight loss. It reduces inflammation, lowers cholesterol, and improves overall metabolic health, all of which play a role in maintaining a healthy weight long-term.

    Muscle Gain with Plant Protein

    Provides Adequate Protein for Muscle Growth

    To build muscle effectively, it’s essential to consume enough protein daily. Fitness experts recommend around 1.2–1.6 grams of protein per kilogram of body weight. With the right combinations of plant-based foods—such as beans with rice or pea protein powder—you can easily meet these targets. Plant protein supplies the necessary amino acids that fuel muscle repair and promote hypertrophy after strength training.

    Complete Amino Acid Profiles with the Right Combinations

    While some plant sources may be lower in certain amino acids like lysine or methionine, combining different sources ensures a complete profile. For instance, pairing rice (low in lysine but high in methionine) with beans (low in methionine but high in lysine) creates a well-rounded amino acid supply. Today, many plant-based protein powders are specially formulated to provide complete amino acid profiles, including leucine, which is critical for triggering muscle protein synthesis.

    Backed by Research

    Recent studies confirm that when consumed in adequate amounts, plant proteins can be just as effective as animal proteins in promoting muscle growth. With regular resistance training, athletes using pea or soy protein powders have experienced similar gains in lean muscle mass compared to those consuming whey protein. This makes plant protein a valid and powerful alternative for bodybuilders and fitness enthusiasts alike.

    Sustained Energy and Recovery

    Plant protein powder often digests more slowly than animal proteins, offering a steady release of amino acids over time. This can be especially beneficial for post-workout recovery, where the body needs a constant supply of nutrients to repair muscle tissue and reduce soreness. Additionally, the antioxidants found in many plant foods help combat exercise-induced inflammation, further aiding recovery and performance.

    Best Sources of Protein

    If you’re looking to boost your protein intake from plants, here are some of the top choices:

    • Legumes – Lentils, chickpeas, and black beans are affordable, protein-rich, and versatile in cooking.
    • Seeds – Hemp, pumpkin, chia, and flax seeds provide protein, omega-3s, and fiber, making them nutrient-dense options.
    • Soy Products – Tofu, tempeh, and edamame are complete protein sources and excellent meat substitutes.
    • Quinoa – One of the few plant foods that naturally contains all essential amino acids.
    • Pea Protein Powder – Highly digestible and rich in branched-chain amino acids (BCAAs), making it an excellent choice for athletes.
    • Nut Butters – Almond or peanut butter adds both protein and healthy fats to meals and snacks.

    Practical Tips for Adding More Protein

    1. Plan Balanced Meals – Combine grains and legumes for a full amino acid profile.
    2. Snack Smart – Replace chips or cookies with roasted chickpeas, hummus with veggies, or a handful of seeds.
    3. Upgrade Your Smoothies – Add a scoop of plant-based protein powder, nut butter, or chia seeds to your shakes.
    4. Experiment with Plant-Based Recipes – Try lentil curries, bean burgers, or quinoa salads to keep meals exciting.
    5. Prioritize Post-Workout Nutrition – A protein-rich smoothie or tofu stir-fry after exercise can maximize recovery and muscle growth.

    Summary

    Plant protein is not just for vegans or vegetarians—it’s for anyone who wants to support weight loss, improve muscle strength, and adopt a healthier lifestyle. From enhancing satiety and boosting metabolism to fueling muscle growth and recovery, plant-based proteins deliver results that rival traditional animal proteins. With the right combinations and quality sources, they can provide all the essential nutrients your body needs to thrive.

    If you’re ready to explore high-quality protein powders that support both weight loss and muscle gain, visit Best Protein Powder. Our carefully curated selection features premium, plant-based blends designed to help you achieve your fitness goals safely and effectively.

    Disclaimer: This article is for general information purposes only and should not be construed as professional medical advice. Always consult your doctor before taking any step.

  • Fire-Boltt Ushers in a Vision Revolution with FireLens: India’s First AI-Powered Smart Eyewear

    Fire-Boltt Ushers in a Vision Revolution with FireLens: India’s First AI-Powered Smart Eyewear

    New Delhi [India], September 16: Fire-Boltt, India’s fastest-growing wearable tech brand and the world’s #2 smartwatch company, today announced the launch of FireLens, a category-defining smart eyewear line that reimagines how technology meets lifestyle. With this bold leap, Fire-Boltt brings the world of AI-powered eyewear to India for the very first time, setting a new benchmark for innovation, design and everyday functionality.

    FireLens is more than a product- it’s a movement. It marks Fire-Boltt’s expansion from pioneering smartwatches and audio wearables into an entirely new domain: intelligent eyewear that transforms how we see, hear and interact with the world. The first milestone in this journey was FireLens Audio, a stylish, prescription-ready frame that seamlessly integrates music, calls and voice assistants into everyday eyewear. With directional speakers and a discreet mic, it transformed glasses into a personal sound and productivity hub- demonstrating massive consumer demand for fashion-forward technology.

    Taking this vision further, Fire-Boltt is now set to unveil FireLens Vision AI on September 19, 2025, exclusively on Flipkart and Fire-Boltt.com. This breakthrough innovation turns eyewear into an intelligent companion, seamlessly blending style, utility and AI-powered capabilities.

    At the heart of FireLens Vision AI is an 8MP AI-powered smart camera, built on Fire-AI intelligence. It allows users to:
    • Capture moments instantly – photos and videos, hands-free, without ever pulling out a phone.
    • Translate the world in real time – menus, signs, conversations, anywhere you go.
    • Ask contextual prompts – “What’s in front of me?” “How do I look?” and get AI-powered answers.
    • Get outfit styling suggestions – your personal stylist, built right into your frames.
    • Recall memories instantly – a digital extension of your mind, evolving with you through OTA updates.

    This is not just eyewear- it’s a personal AI assistant, a camera, a translator and a stylist, all hidden in a pair of sleek, everyday glasses. Unlike bulky prototypes of the past, FireLens has been engineered to blend advanced technology with contemporary design. The frames remain lightweight, splash-resistant, prescription-ready and come in three distinct silhouettes with multiple colorways. The slightly thicker temples discreetly house its powerful technology- ensuring that intelligence never compromises style. Whether in the boardroom, at the gym, traveling abroad, or capturing life’s candid moments, FireLens adapts effortlessly to every facet of modern living.

    With FireLens, Fire-Boltt speaks directly to the tech-savvy professionals, creators and early adopters who demand more from their devices. From recording meetings and lectures hands-free, to navigating cities with AI translation, to capturing fleeting moments without hesitation, FireLens empowers people to live smarter, freer and more connected lives.

    “FireLens is not just another launch- it’s our leap from the wrist to the world in front of you. After leading India in smartwatches and audio eyewear, we are now shaping the future of vision technology,” said Arnav Kishore, Co-Founder & CEO, Fire-Boltt. “Our mission has always been to make the future both accessible and stylish. FireLens is the natural evolution of that mission- technology that feels invisible, yet transformative. With Vision AI, we’re redefining how humans and technology see the world together.”

    FireLens is the foundation of a multi-year roadmap in AI-powered eyewear, with continuous over-the-air updates and product innovations that will push the category forward. For Fire-Boltt, this is the dawn of a Vision Revolution- a future where eyewear is no longer passive but active, intelligent and indispensable.

    Pricing & Availability

    • FireLens Audio: Priced at ₹3,499
    • FireLens Vision AI: Launching September 19, 2025, priced between ₹9,999 – ₹14,999 (final price to be revealed at launch) on fireboltt.com & Flipkart.

    About Fire-Boltt
    Fire-Boltt is India’s leading wearable technology brand, committed to redefining how people connect with innovation in their everyday lives. With a strong focus on design, performance, and accessibility, Fire-Boltt has quickly become one of the most loved smartwatch brands in the country. Operated by Boltt Games Pvt. Ltd., the company has consistently pushed the boundaries of wearable technology –  blending fashion with function to deliver stylish, cutting-edge devices that empower smarter, healthier, and more connected living.

    From feature-rich smartwatches to category-defining smart eyewear, Fire-Boltt continues to pioneer the future of wearables, driven by its vision to make world-class innovation both aspirational and attainable.

    About FireLens

    FireLens by Fire-Boltt is a pioneering smart eyewear line that redefines how technology integrates into everyday life. Designed at the intersection of style and intelligence, FireLens transforms traditional eyewear into connected lifestyle companions –  offering features such as open-ear audio, hands-free calling, voice assistance, video capture, AI-powered visual intelligence and real-time translation. With both FireLens Audio and the upcoming FireLens Vision AI, the brand is committed to creating eyewear that is as fashionable as it is functional, empowering users to experience the future through every frame.

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  • Mehai Technology Limited Unveils Ambitious Rights Issue to Power Growth and Financial Strength

    Mehai Technology Limited Unveils Ambitious Rights Issue to Power Growth and Financial Strength

    Jaipur (Rajasthan) [India], September 15: Mehai Technology Limited, a multi-sector innovator based in Jaipur and Kolkata, has announced a landmark rights issue worth up to ₹74 crore, positioning itself for the next phase of accelerated growth and financial stability. This investor-friendly move spotlights the company’s commitment to expansion, business diversification, and value creation for shareholders—demonstrating leadership in the competitive landscape of electronics, IT services, and infrastructure projects in India.

    Championing Expansion Across Key Sectors

    Since its inception in December 2013 and public listing in 2017, Mehai Technology Limited has rapidly expanded across the trading of electronics and mobile accessories, IT services (software maintenance, PAN validation, SMS analysis), and EPC modernization projects in solar, electrical, and construction sectors. The company’s energetic growth is further powered by subsidiaries in pharmaceuticals and packaged water, catering to major clients like IRCTC.

    Rights Issue: Empowering Shareholders

    The landmark rights issue offers existing shareholders a generous 1:1 entitlement at an attractive price of ₹2 per share, significantly below the recent ex-right price of ₹8.78. With over 3.7 crore shares available, the fully-subscribed issue will double Mehai’s capital base to ₹74 crore—a powerful catalyst for future scale and opportunity. Only shareholders as of September 18, 2025, with Indian addresses may apply, ensuring that long-term investors directly benefit from Mehai’s promising trajectory.

    This offering also provides flexibility, as investors may renounce their entitlements in whole or part (both on-market and off-market), and the process is streamlined via ASBA for ease and transparency. The trading of Rights Entitlements on BSE throughout the subscription period further bolsters liquidity and investor engagement.

    Strategic Use of Funds: Building Strength

    The funds raised are earmarked for four pivotal areas, illustrating the company’s focus on sustainable growth:

    • Repayment/Pre-payment of Borrowings: By allocating ₹33 crore to settle debts, Mehai is set to improve its financial health, lower interest expenses, and amplify shareholder trust.
    • Working Capital Injection: With ₹14.75 crore directed towards working capital, Mehai is poised to scale operations, meet surging demand, and continue its innovation journey.
    • Subsidiary Empowerment: Over ₹9 crore will support Mehai Aqua Pvt Ltd, facilitating repayment of its own bank loans and driving vertical growth in the packaged water segment.
    • General Corporate Purposes: Up to a quarter of the proceeds will be applied to technology upgrades, new business ventures, and strategic initiatives that broaden market reach.

    Robust Corporate Commitment

    Mehai’s promoters, Dynamic Services & Security Limited, have pledged to subscribe to at least 30% of their rights entitlement, further strengthening confidence and stability in the market. Any subscription shortfall will be covered, subject to regulatory public shareholding requirements, ensuring a successful issue and underscoring the promoters’ long-term vision. Only dematerialized shares are to be allotted, providing safety and convenience for investors.

    Exceptional Financial Performance and Outlook

    Mehai’s latest financial results reflect dynamic momentum. For FY 2025, total revenue leapt to more than ₹100 crore, nearly six times its revenue just two years ago. Net profit has multiplied more than tenfold since FY 2023, reaching ₹7 crore on the back of expanded reserves and surpluses. Convertible warrants outstanding and an enlarged share capital suggest ample capacity for future capital raises and opportunities.

    Timelines and Key Dates

    • Rights Issue opens: September 26, 2025
    • Closes: October 17, 2025
    • Listing (expected): On or around October 24, 2025
    • Renunciation deadlines: October 14 (on-market), October 16 (off-market)

    Looking Forward: A Prospect of Opportunity

    Mehai Technology Limited’s strategic, investor-centric rights issue not only strengthens its balance sheet but also builds the foundation for new opportunities and sector leadership. With strong financials, visionary management, and clear ambitions, Mehai stands ready to deliver tangible value and rewards for its shareholders and stakeholders.

    By championing innovation and operational excellence, Mehai is set to shape the future of tech-enabled growth in India while fostering optimism and resilience across its diverse business lines.

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  • Blume Ventures and Merak Ventures Invest USD 4 Million in iDO Devices

    Blume Ventures and Merak Ventures Invest USD 4 Million in iDO Devices

    New Delhi [India], September 16:  Indian tech product ODM iDO Devices Private Limited has successfully secured $4 million (approximately Rs 34 crore) in a funding round spearheaded by Blume Ventures and Merak Ventures.

    This investment aims to bolster iDO Devices’ mission to establish a comprehensive, integrated design and product delivery ecosystem, alongside an innovation center in India. This strategic move is tailored to serve global consumer electronics and enterprise tech clients across the US, Europe, and India. iDO Devices specializes in developing products equipped with BLE and Wi-Fi capabilities, and is planning to incorporate GPS and GSM in future projects.

    “What we are trying to create at iDO is a set of capabilities ranging from chipset design through hardware layout, firmware, and systems software, which, along with investment and control of critical component technologies, will position iDO as a Global leader in tech product design across technology segments. We are executing on BLE and Wi-Fi and expect to deepen these technologies by designing our own SoCs as we build vertical product volumes in these technologies,” commented Shalabh Srivastava, Founder and CEO of iDO Devices, who leads the company’s vision and strategic growth.

    “We are happy to have support from Blume and Merak, who lead investments in companies like Pixxel and Bellatrix, in our vision of contributing to and creating India’s product ODM layer. We believe product leadership is the next frontier in India, and the timing for what we are endeavoring couldn’t be more portentous,” stated Ashita Gupta, Founder and Chief Business Officer of iDO Devices.

    “This investment will boost our efforts in customer acquisition, invest aggressively in technology development and IP creation, and aid in expanding our geographical reach. Traditionally recognised as a leading IT services country, India is now shifting its focus toward becoming a significant player in the design and fulfilment of technologically advanced products. Amid global developments and supportive policy frameworks in India, iDO has gained a head start with a team of more than 100 tech experts located in India and China, complemented by an extensive partner network globally. We appreciate Blume and Merak for recognising the significant growth potential this transition represents,” Ashita and Shalabh added.

    “What excites us is the vast opportunity that lies ahead for India to integrate the rapidly growing capabilities in the product design-to-fulfilment space, building on the depth of embedded engineering expertise available in the country, combined with the development of robust onshore capabilities in the end-to-end design of consumer and enterprise tech devices. The global market size for product design and fulfilment is projected to reach $15 billion by 2025, with India poised to capture a significant share. Moreover, the addressable customer base is global, spanning industries worth trillions of dollars, including consumer electronics, automotive, and healthcare. We are confident that iDO will firmly be on the map of global brands when they think of designing and delivering innovative products and concepts,” added Arpit Agarwal, Partner at Blume Ventures.

    Manu Rikhye, Partner at Merak Ventures, remarked, “At Merak, we back ideas that matter — solutions to real-world problems with the potential to scale. India has long been home to deep engineering talent; with iDO, that capability is being channelled into full-stack product design and delivery. Even at the seed stage, they bring a rare trifecta: global customer relationships, embedded systems expertise, and executional depth. It’s an ambitious charter, and a strong signal of how India’s product ecosystem is starting to come into its own. We’re proud to be early partners in their journey.”

    With this secured funding, iDO Devices is set to transform the tech landscape, lead innovations, and boost India’s status in the global product tech arena. iDO Devices is focused on realising its ‘Single-Window Fulfilment Vision’ through three key strategies: establishing a comprehensive tech value chain in India for global solutions; transforming R&D efforts by pioneering advancements in chip and unit design, assembly, and machine learning innovation; and enhancing connectivity, capacity, and intelligence to drive eco-friendly, efficient digital innovations.

    About Blume Ventures

    Blume Ventures is India’s leading homegrown early-stage venture capital firm. Founded in 2010, Blume backs entrepreneurs obsessed with solving hard problems that are uniquely Indian in nature and impact large markets. Its portfolio boasts over 300 companies, including unicorns like Unacademy, Slice, Purplle, and Spinny. Blume Ventures has successfully nurtured exits, including Taxiforsure (acquired by Ola Cabs), Zipdial (acquired by Twitter), and Mettl (acquired by Mercer). Blume Ventures is currently investing its Fourth Fund, Blume Fund IV, which closed at over $250 million. Our investments are diversified across sectors such as Enterprise Applications, Consumer, FinTech, Retail, and High Tech.

    For more information, please visit https://blume.vc.

    About Merak Ventures

    Merak Ventures is a sector-agnostic, early-stage venture fund investing in companies that are solving real problems and creating large-scale impact in the B2B and emerging technologies sectors. With over a decade of experience in the Indian ecosystem, Merak Ventures is managed by experienced operators and investors, Manu Rikhye and Sheetal Bahl, who bring over 20 years of experience each to the table.

    For more information, please visit https://merakventures.com/

    About iDO Devices Private Limited 

    Innovating India’s ODM Landscape: iDO Devices revolutionizes the Original Design Manufacturing (ODM) framework by harnessing India’s technical brilliance and entrepreneurial spirit. Aligning global brands with the robust Indian ecosystem, it delivers high-quality, competitively priced tech solutions across multiple sectors.

    Specializing in advanced BLE, WiFi, GPS, and potentially GSM applications, iDO Devices offers highly innovative and functional solutions. Key offerings include:

    • Bluetooth Turnkey Solutions: A decade-long expertise in the segment.
    • High-Quality, Competitively Priced Solutions: Ensuring excellence in every product.
    • Embedded System Design & Development: Creating robust and custom systems.
    • Hardware & Firmware Development: Managing projects from conception to production.
    • Comprehensive Product Design: Including PCB, BOM development, and tool moulding.

    iDO Devices not only brings tech solutions to life in India but also ensures that these innovations are globally accessible, continually redefining the value chain for unmatched global reach.

    For more information, please visit our website: https://idodevices.com/

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  • Generative AI is Transforming the Academic Ecosystem

    Generative AI is Transforming the Academic Ecosystem

    Seoul (South Korea), September 16: The rise of generative AI is reshaping the global academic ecosystem, offering new ways for scholars, professors, and students to access, analyse, and apply knowledge. As academic communities face growing demands for efficiency, global collaboration, and interdisciplinary research, AI-powered solutions are emerging as essential partners in scholarship.

    tlooto AI is an academic research platform that integrates generative AI with extensive academic databases. The platform serves more than 1.3 million monthly active users and partners with many universities and research institutes worldwide, making it one of the most widely adopted services of its kind.

    tlooto AI supports the entire research process: from retrieving academic papers to generating summaries, critical analyses, multilingual translations, and citation-based responses. These capabilities help researchers conduct literature reviews more effectively, identify international research gaps, and explore new academic directions with confidence.

    A spokesperson for tlooto AI emphasized, “Generative AI is not just changing how we search for knowledge; it is transforming how knowledge is created, shared, and advanced. tlooto AI is committed to being at the center of this shift, providing reliable tools that strengthen academic integrity and foster global collaboration.”

    As universities and research institutes worldwide adapt to the evolving landscape of AI-driven scholarship, tlooto AI continues to position itself as a key player in supporting the next generation of academic research and innovation.

    About tlooto AI

    tlooto AI is an AI-powered academic research platform designed to support researchers, professors, and students worldwide. With over 1.3 million monthly active users and partnerships with more than 30 universities and institutes, tlooto provides advanced tools for literature search, summarisation, translation, and citation-based insights. The company has been recognized by leading global organizations and continues to expand its presence in North America, Europe, and Asia.

    Media Contact
    Name: Sowon Park
    Position: Communications Manager
    Organisation: tlooto AI
    Email: help@tlooto.com

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  • Anshul Garg Mohan CSR Initiative With The Festival Of Hope Foundation To Support HPV Vaccines For Children

    Anshul Garg Mohan CSR Initiative With The Festival Of Hope Foundation To Support HPV Vaccines For Children

    New Delhi [India], September 16: Anshul Garg Mohan, MD – Mohan Electro Casting Private Limited under its CSR initiative to support the fund raiser event in a theme creation “The Light Within” by renowned fashion designer Rohit Gandhi + Rahul Khanna (RGRK) For “The Festival of Hope Foundation” To provide life saving HPV vaccines to children, a critical step in preventing cervical cancer and other HPV-related diseases.

    The initiative seeks to raise CANCER AWARENESS about the importance of HPV vaccination and ensure that vulnerable children receive the vaccine free of cost. Cervical cancer remains one of the leading causes of cancer-related deaths among women worldwide, and vaccination during early adolescence is key to effective prevention.  The Event was attended by reputed Industrialists, Fashion Designers, Socialites, Humanitarians, Media House etc and An Actor Mr. Taha Shah Badushha supported the cause by being Showstopper.

    “By joining hands with the Festival of Hope Foundation, we are taking a significant step toward protecting the health of future generations,” said Anshul Garg Mohan. “Our goal is to support to make HPV vaccines accessible to all children, regardless of their socio-economic background, and to spread awareness about the critical role of vaccination in cancer prevention.”

    Our small token of appreciation to FOH Foundation fund raising event held at Grand Hyatt Gurugram, will focus on outreach programs in underserved areas, working closely with schools, healthcare providers, and community organizations to facilitate vaccine distribution and education.

    Festival of Hope Foundation’s – Ms. Shalini Vij (Founder) also expressed optimism about the cause that saves lives , highlighting that “With this Generous Support by Mr. Anshul Garg Mohan, we are hopeful that this initiative alongwith other supporters will create overall lasting change and save meaningful number of lives by preventing HPV infections through vaccination drive to accomplish 1000 lives protected.”

    About Festival of Hope Foundation

    Festival of Hope Foundation is a registered nonprofit organization committed to improving health outcomes and supporting vulnerable populations through awareness campaigns, vaccination drives, and community engagement programs.

    For Further event-related news, follow the Link

    https://www.youtube.com/watch?v=ABOl-tGgG9M

    https://mepl-mmw.com/csr.php

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