Category: Videos

  • Silver Pearl Hospitality & Luxury Spaces Ltd’s BSE SME IPO opens on June 6, 2022 – Primex News Network

    Silver Pearl Hospitality & Luxury Spaces Ltd’s BSE SME IPO opens on June 6, 2022 – Primex News Network

    Rajesh Kumar Negi, Managing Director

    New Delhi (India), June 3: Silver Pearl Hospitality & Luxury Spaces Ltd., a hospitality company operating in the niche market of the Boutique hotel segment, is coming out with a maiden IPO of 50,00 000 equity shares of Rs. 10 each at a fixed price of Rs. 18 per share to mobilize Rs. 9 cr. The issue opens for subscription on June 06, 2022, and will close on June 09, 2022. Minimum application is to be made for 8000 shares and multiples thereon, thereafter. Post allotment, shares will be listed on BSE SME.

    The issue is solely lead managed by Inventure Merchant Banker Services Pvt. Ltd., and Purva Sharegistry (India) Pvt. Ltd. is the registrar to the issue. SVCM Securities Pvt. Ltd. is the market maker for the company.

    Its current properties are located in Rakchham, Kinnaur, and Himachal Pradesh. Rakchham village is located in the Touristic Sangla Tehsil of Kinnaur district in Himachal Pradesh, India. It is around 10 km from Chitkul, which is the last village of India near the China Border and around 12 km from Sangla and is located between the two. Rakchham is often known as mini Switzerland and has been the site for many commercial shoots. It is nestled between the majestic snowcapped Kinner Kailash mountain range and lush green meadows with the Baspa River. The first hotel property started operations in FY 19-20. All its hotels, cafes and restaurants are operated under “Osiya”. The company provides authentic hospitality and gives guests a localized and memorable experience. It seeks to cater to family and adventure loving enthusiasts and deliver differentiated yet superior service offerings with a value-for-money proposition.

    As on date, the company’s portfolio consists of the following properties Osiya Shambhu Lodge, Osiya Shoshla Café, Osiya Rangnoo Rakchham Retreat, Osiya Tashi Dolma Home, and Osiya Baba Inn Guest Home.

    Keeping in view the explosion in demand, wherein revenge travel is trending, the company intends to increase the keys in Rakchham by installing Bubble Tents which will be a first of its kind in Northern India. The company had conducted trial runs in May, wherein the feedback was very positive.

    As part of its growth and geographical diversification strategy, it is acquiring a running hotel property in Goa spread over 39000 sq. Feet located at Tamborim, beach Cavelossim. . This property will increase the geographical reach and provide business during the winter season from November to February, which is comparatively a lean season for the properties situated in Rakchham, Himachal Pradesh. Unlike Himachal Pradesh, Goa remains an all-weather tourist attraction.

    The promoter, Rajesh Kumar Negi, has approximately two decades of experience in the hotel and hospitality industry. The management team also has substantial experience in the hospitality industry. The strength of its management team and its understanding of the hospitality market enables it to continue to capitalize on current and future market opportunities. The company, through its directors, is also looking for partners in Shimla, Narkhanda, Nako, Tabo and Kaza to give holidaymakers an awesome OSIYA – they prefer to call it AWWSIA- experience at every stop on the Spiti Circuit.

    With Covid-19 on the wane and all sectors opening up fully and people being confined to their homes for the last two years, the summer of 2022  promises to be a revival for the tourism industry in general.

  • Anisha Thakur- Making a mark in the Entertainment Industry – Primex News Network

    Anisha Thakur- Making a mark in the Entertainment Industry – Primex News Network

    June 3: “The thrill and joy of putting ideas together and watching them unfold on the big screen is exhilarating. It is the process of understanding the art of closing deals and negotiating while being honest and authentic. Being the financial, practical, driving force and creative heart of a film or television production is the most I enjoy about producing,” says Anisha Thakur, a Los Angeles, California based producer born and raised in Mumbai, India. She pursued an undergraduate degree in media and communications in Mumbai. Early in her career, Anisha wrote, created and pitched several creative stories and made her documentary early on. The art of producing content, being responsible for the film’s overall look from start to finish and being mindful of every detail that can support the creator’s vision made her realize how passionate she was for the script process to screen. Anisha has always been passionate about producing good content. She has worked with distinguished Directors, Photographers, Set Designers and Fashion Stylists in Bollywood to bring life to a project for a few years before setting her sights on Hollywood.

    Anisha enrolled on an MFA program in Film and Television Production at the prestigious New York Film Academy in Los Angeles. In Los Angeles, the epicentre of American film and television, Anisha networked, took creative risks and has led the development of successful productions at some of the industry’s top production companies. She adapted to working in a new country without knowing anyone in the city, let alone the industry. “In this male-dominated industry, as a woman, I had to put in double the work and prove myself every step of the way,” says Anisha. To learn all aspects of production, she took on various related roles, understanding the roles of production assistants, camera, wardrobe, art, and writer’s assistant, essentially gaining knowledge of every other department to excel as a producer, and the gamble paid off.

    Anisha has worked as a producer in the past few years, working on short films and web series. She worked on “True Reviews”, a new 10-episode web series, directed and produced by Dan Bruhl, a two-time Telly Awards winner, which will be submitted for the Webby Awards upon its release. Anisha also worked on “Cancelled,” a short film directed by Abhishek Joshi and executive produced by award-winning producer Jay Shetty. The film will debut at a film festival at the end of this year and will make its way through the festival circuit. I get my job done regardless of the pressure and obstacles I face as a producer – that is the most important factor to sustaining a career in the entertainment industry, says Anisha.

    Anisha also worked as a Production Coordinator at P&L Media last year and collaborated with four-time Emmy Award-winning executive producer Lisa Lew on special events for the 47th Daytime Emmy Awards, such as the first-ever Virtual Brand Lounge attended by Hollywood’s A list celebrities. She has also worked on P&L Media’s development of a true-crime docuseries that will be airing on Hulu and is set to start production at the end of this year. Anisha also worked on P&L Media’s production of Janet Nepales’ extravagant book launch event for FASHION. Filipino. Hollywood. The World.

     Today, Anisha is proud to work on all four franchises of the country’s most popular Emmy & People’s Choice nominated TV show, Below Deck, which airs on Bravo and NBCU/Peacock. She produces and manages over 45 cast members of Below Deck

    Caribbean, Below Deck Mediterranean, Below Deck Sailing Yacht, as well as the franchise’s newest installment, Below Deck Down Under. She also works directly with the showrunners and executive producers. She manages productions in Los Angeles, Miami, Cape Town, Brisbane, Greece, Bangkok, Sydney, Manchester and New Zealand.

    Anisha has faced so many hurdles throughout her successful career as a highly acclaimed producer in the entertainment industry; however, she never lost hope and faith in herself. “Getting to where I am professionally today was not easy, but I am just getting started.” says Anisha.

  • La Excellence IAS Academy Bags Top 50+ All India Ranks in UPSC 2021 – Primex News Network

    La Excellence IAS Academy Bags Top 50+ All India Ranks in UPSC 2021 – Primex News Network

    New Delhi (India), June 3: In the recent results announced by UPSC for Civil Services Exam 2021, 50+ students got selected from La Excellence IAS Academy, as shared by its founder and director, Dr. Ram Babu Paladugu.

    La Excellence IAS Academy is India’s well-known and the Best IAS Coaching Institute in India, preparing candidates for the Civil Services Examination at all three levels – UPSC Preliminary Test, UPSC Mains Examination and Personality Test. From its start in 2009 in Hyderabad, the Institute has helped hundreds of students get into the Civil Services, including the IAS, the IFS, the IPS, and other government jobs.

    Since its inception, La Excellence has trained 10000+ students for various competitive exams. La Excellence has been fostering excellence in education for the last 12 years, helping students from all over the country develop a thirst to learn and reach their full potential, which will put them on an upward trajectory towards success! Continuing the legacy of imparting quality education to students in Telangana, Andhra Pradesh and Karnataka, La excellence IAS Academy has bagged 50+ Ranks in UPSC 2021 results announced on Monday. La Excellence IAS Academy is well known for its Quality & Affordable Education, Class Room Training, Mentorship, Top Notch well, experienced faculty and guidance from industry experts.

    La Excellence has recently launched its application on Playstore and offers Integrated Module based TSPSC Coaching for students via Classroom Training & Online – Mobile APP (Mana La Excellence) and website (https://manalaexcellence.com). Faculty at La Excellence also create content in their Youtube Channel (Mana La Excellence) which is seen by millions of people who are preparing for competitive exams.  Seenaiah sir, Ram Babu sir, Krishnamurthy sir, Deepak sir, Rajashekar sir, Harsha sir, Vikram sir, and Malleswari mam are part of La Excellence IAS Academy.

    The selected students have expressed their gratitude towards La Excellence IAS Academy for providing innovative learning- Teaching methodology, Personalized approach, various practice tests, 1-to-1 Mentorship, Backup classes and dedicated experienced faculty for subjects, thus simplifying their preparation for UPSC exams. La Excellence IAS Academy is one of the best IAS coaching Institutes for UPSC Civil Services preparation in India and has the HIGHEST number of All India Ranks in UPSC 2021. The Academy has 3 branches, two in Hyderabad and one in Bengaluru.

    According to the Director, 500+ rankers – La Excellence Students have qualified in UPSC from 2009.

    Here are some of the La Excellence IAS’s UPSC 2021 rankers –

    Mantri Mourya Bharadwaj Air 28
    V Sanjana Simha Air 37
    Anjali S Air 44
    Divyansh S Air 49
    Kiranmayee Kopisetti Air 56
    Shreya Shree Air 71
    Arugula Sneha Air 136
    Nikhil Basavaraj Patil Air 139
    Chitranjan Air 155
    Bokka Chaitanya Reddy Air 161
    Syed Mustafa Hashmi Air 162
    Simran Bhardwaj Air 172
    Amit R Air 175
    Apoorva B Air 191
    Abhishek Air 218
    M P Rajesh Ponnappa Air 222
    Prafull Kumar S Air 249
    Neha Byadwal Air 260
    Prassanna Kumar V Air 264
    Anuradha Air 266
    Kalpashree K R Air 291
    Aruna M Air 308
    Mohammed Abdul Rawoof
    Shaik Air 309
    Srinivas Sadi Air 310
    Deepak Ramachandra Shet Air 311
    Jasawanth Jeenu Air 314
    Harshavardana B J Air 318
    Gajanan B Air 319
    Dibbada Ashok. Air 350
    Faisal Khan Air 364
    Om Prakash Air 365
    Sharath Naik Air 374
    Mahajan Harshal Rajesh Air 408
    Polur Sreelekha Air 427
    Ravinandan B M Air 455
    Abhinandan Kumar Air 494
    Rajendra Chaudhary Air 514
    Neeraj Kumar Air 550
    Manyala Anirudh Air 564
    Ranjith Kumar Parvathi Air 574
    Anuradha A Air 598
    Pandu Wilson Air 602
    Pavithra Mutyap Air 608
    Raja Ratnam Golla Air 609
    Prashanth Kumar B O Air 641
    Raghavendra N Air 649
    Chetankumar B Air 669

     ‘At La Excellence, they have one of India’s best and most experienced faculties who help us ace our UPSC examinations through preparation, practice, participation, and discussion. This academy has played an important role in realizing my dreams.’

    • MANTRI MOURYA BHARADWAJ AIR – 28

    ‘ A big thanks and so much gratitude to La Excellence IAS Academy, Faculty & Director Dr. Rambabu Paladugu, sir, for all your encouragement, guidance & comprehensive classroom program, test series, and interactive sessions with IAS Officers have helped me to uplift my confidence and crack AIR 37

    ‘ LA Excellence IAS Academy has provided me with the best classroom training with the best strategies for preparation. I Could tell that la Excellence IAS Academy, with all the education system here, has helped me grow in 360 degrees as an individual. Thank you, LA Excellence. ‘

    • KIRANMAYEE KOPISETTI AIR 56

    It’s a proud moment for LA Excellence IAS Academy, Congratulations to all the students & Faculty at La Excellence. We are overjoyed with our students’ achievements and wish everyone good luck in their future endeavors, said Dr. Rambabu Paladugu.

    Dr. Rambabu has also mentioned La Excellence has the india’s best Faculty for PRELIMS CUM MAINS preparation, also announced the ‘ State Level Scholarship Test ‘on June 19th 2022, at La Excellence IAS Bengaluru Branch:  La Excellence IAS, #99, 2nd floor, Beside Poorvika mobiles, Chandra layout main road, Chandra Layout, Bangalore. Contact : 9121412929 / 9121442929

    Hyderabad Branch: #1-10-233/F, Near Ashok Nagar Extension, Opp. Punjab National Bank, Ashok Nagar X Roads, Hyderabad – 500 020, Telangana

    Contact : 90522 92929

  • English Browne launches India’s First Complete Protection Sanitary Pad – Primex News Network

    English Browne launches India’s First Complete Protection Sanitary Pad – Primex News Network

    India, June 3: English Browne – UK based hygiene care Brand, has launched 360 solutions for menstruation hygiene. Since its inception in 2019, the brand has been the front-runner in providing hygiene care products. The new range of feminine and menstruation hygiene products named “Keep Going” is the first-ever 360 Degree solution kit. Lack of access to basic amenities for menstruation hygiene is the problem faced by a predominantly female population in the country. In NCR, around 68% of the women work and commute to places. The public toilets are not sanitized and cleansed correctly, resulting in infections/UTA in these women.

    English Browne comes with an innovative solution by launching India’s First Complete Protection Sanitary Pad kit that provides the most delicate care during Menstruation. The brand offers Pads changing Gloves, Intimate area cleaning wipes, Ultra-premium Sanitary Pads and Bio Disposable Bag.

    The brand has patented this product because they want the primary hygiene care available and accessible to a large women population in an affordable way possible.  “Our mission is to make basic hygiene for females in India more accessible and affordable and to get the hygiene standards to the next level. The biggest barrier to using sanitary napkins amongst some society clusters is the high price of these products. With the launch of “Keep Going”, we are making progress in the direction of menstruation hygiene for every woman in India”, said Rahul Mannan, Director of English Browne India Limited.

    English Browne has provided authentic hygiene care products since its foundation. They have bagged the title of “India’s No. 1 Brand in Hygiene Gloves” in 2021 & 2022. They also got the award for India’s most trusted Brand in Hygiene care 2022 by Global Leader awards. Currently, the brand is serving about 26 plus countries through its sales channels. Its main segments are child care, feminine hygiene, Personal Hygiene, and Medical and Hospitality Hygiene.

    World Menstruation Day is celebrated every year on 28th May. The Founder and director of English Browne emphasised the importance of intimate hygiene, especially during the menstruation period, “the intimate area of a female is prone to infection during this time. Hence it is of utmost importance to take special care. These infections that appear to be minor in the start could cause serious morbidities and health issues in a woman.”

    The products developed and manufactured by the brand are of high quality and certified by Dermatologists, and with 5X More Absorption Power than other top Brands are offering in the Country. “Keep Going” has been launched in three packages – Regular, Maxi and Ultra Range. A team of experts designs each product.

    The products will be available in the Delhi – NCR region. It will soon be distributed to the other areas of the country in the coming months.

  • Klub joins hands with Oxyzo to facilitate ₹100 crores to digital SMEs across India – Primex News Network

    Klub joins hands with Oxyzo to facilitate ₹100 crores to digital SMEs across India – Primex News Network

    Klub, India’s leading Revenue Based Financing platform, today announced that it has partnered with Oxyzo Financial Services Private Limited, a tech-enabled smart financing solution provider, to disburse ₹100 crores to support digital SMEs. The ₹100 crores fund will be deployed to enable SME-lending across India to provide fast, founder-friendly, and flexible funding.

    Oxyzo is a tech-enabled company with a deep understanding of SMEs’ business needs. Aiming to transform small and medium enterprises into large, the company offers credit solutions that are customised to help SMEs expand their operations, increase revenue, and improve their profit margins. Oxyzo, which became a Unicorn earlier this year, has grown to an AUM of $350 million with a 100% Y-o-Y growth and wants to focus on the new age segment along with traditional lending and has partnered with Klub for the same. The company has cumulatively disbursed over $2.6 billion across 40,000+ nodes.

    Prashant Roy Sharma, Head – Capital Markets & Structured Finance, Oxyzo said, “Oxyzo has always believed in partnering with companies that are constantly looking to help scale small and medium enterprises into large companies and Klub’s vision perfectly aligns with the same. With this fund, we together aim to provide flexible working capital to 250+ SMEs across stages. We are pleased to partner with Klub as this partnership will further increase our coverage of merchants in the market and offer new age digital products to our existing customers.”

    Through this partnership, digital SMEs will be able to avail Revenue Based Financing upto ₹3 Crores through the Klub platform. Klub provides SMEs with scalable capital and has completed 450+ investment rounds for its SME partners as they scale. The company’s investment platform combines financial product innovation, deep data-driven analytics, high-frequency collections, and community engagement.

    Sudharsan Venkatkrishnan, Vice President, Klub, said “We are delighted to partner with Oxyzo as this will deepen the range of capital offerings to SMEs on our platform. Integrated deeply with Klub, this partnership is a small dent in a larger market that we envisage. We are on track to facilitate ₹1000 crores of disbursements this year and our partnership with Oxyzo further strengthens our ability in the right direction.”

    Klub aims to deliver not just a platform-based approach but also to take these capital offerings to our embedded capital partners and offer more options to brands. The company is now on the path to provide capital solutions at scale via every platform that supports digital SMEs. To know more, visit www.klubworks.com

    About Oxyzo

    Oxyzo Financial Services, a tech-enabled smart financing platform which provides cash flow based working capital financing solutions to SMEs, Mid Corporates in the traditional and emerging new age sectors of the economy. The Company has done cumulative disbursements of US$ 2.6 Bn across 40K+ nodes till date and leveraged this data warehouse to build a differentiated tech-enabled supply chain and embedded finance marketplace that aims to solve for the broader under penetration of formal credit in India’s broader economy. Oxyzo has an AUM of US$ 360 Mn and is rated A+ by ICRA and CARE. Oxyzo recently announced its $200mn Series A raise led by Alpha Wave and co-led by Tiger Global, Norwest Venture Partners, Matrix Partners, Creation Investments.

    About Klub

    Klub, India’s leading Revenue Based Financing platform, provides flexible funding up to Rs. 30 crores to digital businesses and SMEs with recurring revenues. Based out of Bangalore, the company in partnership with leading NBFCs, HNIs, Financial Institutions, and its own SEBI registered fund provides growth capital to digital businesses. Klub offers different capital structures for businesses across all stages (early, growth & late) for recurring marketing, inventory, and capex expenses. The company has deployed more than 450 investment rounds enabling growth for 250+ brands across India to date. Klub raised $20 million in seed funding from Sequoia Capital India’s Surge, US-based Alter Global, Japan-based GMO Venture Partners and 9Unicorns in 2021. For more information, visit www.klubworks.com

  • 9th Chhatrapati Shivaji Maharaj Award took place with musical and hilarious pomp and show! – Primex News Network

    9th Chhatrapati Shivaji Maharaj Award took place with musical and hilarious pomp and show! – Primex News Network

    June 2: The 9th Chhatrapati Shivaji Maharaj Award was presented at ISKCON temple auditorium Juhu, Mumbai on 27/May/2022.

    The award was given by the Great music director Anu Malik and Padma Bhushan great singer Udit Narayan. Actor CHUNKY PANDEY and MLA Bhartiya Lavekar were also present on this occasion.

    The awardees were:

    • Sarangi Maestro Ustad Kamal Sabri ji
    • Alpesh shah DCM (Digital media and PR agency ) digital media partner.
    • Padmashree Dr Kalpana Saroj ji,
    • Film actor chanky pandey,
    • Comedian Sunil Pall ji,
    • MLA Bhartiya Lavekar
    • Budhanjali Director Kailash Masum,
    • Film Producer Nukul Mehta,
    • Hulgesh Chalwadi BSP Maharashtra Incharge,
    • Film actress pentali sen,
    • Dr Hashim Ali,
    • Social Activist/thinker Kamlesh Gautam Ravi UP
    • Actress Mini Bansal
    • Kanhaiya Salunke IMA President,
    • Rajesh Salunke VV Sena,
    • Dr Monali Thackeray,
    • Film Director Prakash Allhabadi,
    • PRO Abdul Qadir,
    • Bollywood Photographer Kadir karnalkar,
    • Film Actress Mini Bansal,
    • Film Actress Pallavi Singh,
    • Film Actress Siya Patil,
    • Indian Classical Vocalist Pandit Anand Thakore,
    • Bollywood actress Diveyaa dwivedi,
    • Satara Safai Mazdoor Congress President Suraj Solanki,
    • Film Creative Producer Akash Saini,
    • Umar Hashim Ali,
    • Ganesh Chauhan,
    • Nilesh salunke,
    • Ankit salunke,
    • Praniti Rile,
    • Jolly Parmar
    • Prmod Khatrri
    • Vikrant
    • DOP Ashok Sharma

    The audiences were well entertained by Comedian Sunil Pal. Sarangi Maestro Ustad Kamal Sabri ji showered his melodious drops of music on the show. It was an all inclusive entertaining and educational event where all the felicitators and the awardees were proud of each other’s achievements.

    The organisers and the awardees expressed their special thanks to Mr S.SUDARSHAN Co-founder of SOCIAL DEVELOPMENT & WOMEN EMPOWERMENT  ORG AND  INDIAN MARTIAL ART for organizing such a wonderful event and recognizing real talentfrom various industries and honouring them with the prestigious award.

  • Rohit Sharma painting the town Red, with QuinDara events getting their bling game on point! – Primex News Network

    Rohit Sharma painting the town Red, with QuinDara events getting their bling game on point! – Primex News Network

    June 2: The paparazzi just informed there is a new red carpet in town. QuinDara is surely up to their next event. Making headlines for their grand events like wedding, international conferences and award shows. Now QuinDara is all set to create magic with QuinDara’s CEO Rohit Sharma’s grand birthday event at Barrel & co. QuinDara has always made sure to make their events as customised as possible and now they take over a new milestones by making this grand birthday event a magnificent one! Sharma, who is known for his noticeable style and a flamboyant lifestyle has surely got the town looking out for his much awaited birthday celebration. From an exclusive guest list to the theme, bottomless bar, memorable program line up and captivating glamour, team QuinDara is thrilled to make people almost reach for their sunglasses at night from all the glitter that will be witnessed tonight. Like always, the event company has got everything covered and so much for the guests to discover. The team has been making sure that every event executed is as professional and impeccable as possible. QuinDara is taking over the town yet again and this time for the magician himself. Painting Mumbai black and bling. The weekend is here to stay and so is Rohit Sharma’s unforgettable and exclusive event.

  • Tips Gujarati releases yet another song ‘Ramva ne gyata’ from the upcoming Gujarati Movie ‘Kundali’ – Primex News Network

    Tips Gujarati releases yet another song ‘Ramva ne gyata’ from the upcoming Gujarati Movie ‘Kundali’ – Primex News Network

    June 2: Recently Tips Gujarati has released a song ‘Tu thai mari’ sung by Shaan from the upcoming Gujarati Movie ‘Kundali’ and now Tips Gujarati presenting another song ‘Ramva ne gyata’ sung by Nikhil, Harish and Semal. Music is given by Semal-Nikhil and Lyrics is written by Harish Bhatt.

    This song has a classical and contemporary fusion incorporated with amazing rapping.

    On this occasion Kumar Turani from Tips says, “We are delighted to announce yet another song from the album of ‘Kundali’. Audience will fall in love with the peppy music and amazing composition. This song is unique for sure as our Gujarati music industry needs this kind of innovation in the music “.

     Tips Music is dedicated to give their contributions to the regional music of India. The specialty of Tips Music is selecting the right kind of music and making it astonishing and making the onlookers fall in love with the lyrics. also, a great piece of work. They have been the innovators as they have always stayed a cut above of the industry.

    Singers: Nikhil, Harish & Semal, Music: Semal & Nikhil, Lyrics: Harish Bhatt

    YouTube Link: https://www.youtube.com/watch?v=LtTK6x-SWyY

  • Touchwood records 164% growth in revenue for the FY 22 – Primex News Network

    Touchwood records 164% growth in revenue for the FY 22 – Primex News Network

    June 2: Touchwood Entertainment Ltd. (NSE: TOUCHWOOD), the leading event management company, is delighted to announce its results for the quarter & year ended March 31, 2022.

    FY22 Performance Highlights:

    Touchwood delivered a solid all-round performance in FY 2021-22 despite disruptions in 1st Quarter. Total revenue for FY22 was INR 2678.09 lakhs, registering a growth of 164% compared to INR 1011.57 lakhs in the FY21. The Company recorded a profit of INR 296.12 lakhs (PBT) for the fiscal year in comparison to INR 142.48 lakhs in FY21, a growth of 107%.

    EBITDA of INR 348.58 lakhs (excluding prior period items).

    PAT of INR 215.73 lakhs indicating profit margin of 8%.

    Q4 FY22 ended with a satisfactory performance despite partial lockdowns, Govt. imposed restrictions and uncertainty in a fragile geo-political situation. Total revenue for the quarter was INR 963.86 lakhs, a growth of 36% compared to INR 708.53 lakhs in Q4 FY21. Company reported a profit of INR 137.25 lakhs (PBT) as compared to INR 175.29 lakhs in the same quarter of previous year.

    FY22 Operational Highlights:                                                                           

    Launched its new platform – ‘MakeMeUp App’ that connects consumers to top notch beauty professionals, products and provides access to beauty experiences.

    Released a Music Video sung by Navraj Hans & Ashish Chhabra. The video has more than 1 million views on YouTube within 3 months of the release. Music video features top names of Beauty & Social Media industry.

    The MakeMeUp Web Series: A digital reality show based on makeup produced by Touchwood Entertainment Ltd. is airing on Hotstar, Hungama Play & other OTT platforms.

    MakeMeUp- School of Makeup is operational at Vasant Kunj & Noida. 1st batch of MakeMeUp- School of Makeup at Vasant Kunj branch is expected to be completed soon.

    Launched ‘WedAdvisor App’ on Play Store – a one stop platform to find all wedding vendors with genuine & verified ratings.

    Touchwood Wedding School- Successfully completed 3 batches. 4th batch of Touchwood Wedding School is expected to be completed soon.

    Revived wedding business post COVID-19. New projects were taken and completed successfully and company is growing rapidly.

    Commenting on the performance, Mr. Manjit Singh, Chairman and Managing Director, said:

    Despite frequent disruptions in the quarter owing to Covid wave 3 and other geo-political factors, the quarter has been satisfactory in terms of growth and profitability. The Company is well prepared and looking forward to an exciting year ahead with all its tech driven initiatives. We are gearing up to touch new horizons in FY23.

    Touchwood at a Glance:

    Headquartered in Delhi, Touchwood Entertainment Limited, established in 1997, specializes in a variety of event facilities, ranging from event planning & marketing to production services for the events.

    Touchwood is known for its larger than life, awe-inspiring setups and formats and completely personalized service to clients. It provides end-to-end solutions for all kinds of events – be it corporate, social or political. Touchwood team is comprised of 42 professionals with a fully developed and functional in-house production facility. It has a panel of skilled craftsmen and band of highly qualified designers add the extra edge to its deliverables.

    Safe Harbour:

    This release contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Touchwood’ future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Touchwood undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.

    For more information, please contact: [email protected]

  • Metaverse design international program launched in Asia – Primex News Network

    Metaverse design international program launched in Asia – Primex News Network

    Virtual cities designed as part of the course

    Dezact, UK together with LAC, China, Design Futures Foundation, USA & Avani Institute, India are organizing a series of online courses for designing cities in the virtual world

    London (UK), June 2: A unique 3 week long online course has been launched for design students in Asia which is focused on designing cities and entertainment venues in the metaverse. Dezact, UK,  in collaboration with LAC, China, Design Futures Foundation (DFF), USA & Avani Institute of Design, India, has launched the online course titled ‘MetaPlay 2.0’ to promote the potential and viability of emerging technologies like parametric design & modeling tools, and augmented reality/ virtual reality tools.

    MetaPlay is set to be a micro design studio equipping the participants with actionable digital and parametric modeling skills and exposure to the game engines and CGI tools within the AEC industry. The workshop will explore the concept of multi-dimensional spaces and experiences in architecture. MetaPlay 2.0 continues the research for designing future social and leisure experiences in virtual environments and extends the scope of research exploring time as a dimension with a focus on spatial transformability and programmable matters. The workshop will also explore a variety of other topics such as potential changes of architectural design process, material organization, tectonics, spatial experiences and public perception of a built environment as part of a design project. MetaPlay 2.0 aims at investigating the changing mode of architectural production using disrupted technologies such as AI, generative design, automation, and augmented reality / virtual reality tools to explore and rethink built environment design that is digitally conceived and experienced. This is the second course in a series of international courses that are going to be conducted over the duration of this year.

    At MetaPlay, participants will learn hands-on skills on digital world-building directly from industry experts. The list of the instructors includes names like Akshay Goyal (Founder of Tron Labs and Partner at Architron Group), Ping-Hsiang Chen (Senior Architect at Zaha Hadid Architects), Dimitar Pouchnikov (HOK Architects), Cherylene M. Shangpliang (Designer at Zaha Hadid Architects, London), Zehao Qin (Design Systems Analyst in Applied Research + Development (ARD) group at Foster + Partners, London) and Jiahao Syu (Foster and Partners). In addition, at the end of the 6-day workshop, students are expected to design and build architectural scale projects within a virtual environment. Students from multiple countries are slated to join this global design workshop and by participating in the course, the students will not only receive a behind the scenes exposure of how to create entertainment venues for metaverse and crypto futures but will also be certified as Metaverse Designers. 

    Ping-Hsiang Chen, Director and Co Founder of Dezact London said “Creative industries such as architecture and design involve a core process based in iterating hundreds of ideas before presenting a final idea in front of a client. In the end this version may not be understood correctly due to limited graphical capabilities of the designer or lack of technical awareness of a client. Metaverse is a great platform for such design ideas to be experienced and opens up wider opportunities for projects that have great social, economic and functional potential. Metaverse not only helps the creative industry to grow, but at the same time the effort designers put into projects can potentially be compensated in unique and creative ways. In this context MetaPlay workshop series aims to address future spatial design and engagement in conjunction with psychological aspects of a human and experiences in a new type of virtual space.”

    As the founders of LAC, Jeffery Lee explains, “The world is witnessing a new wave of metaverse with the breakthroughs and innovations in internet and hardware technology. Technologies such as NFT, virtual spaces, metaverse platforms and AR and VR are increasingly being promoted by the Chinese government, internet giants and advanced architecture firms coincidentally. Together with DEZACT, DFF and Avani Institute of Design, LAC ‘Meta Play’ online workshop brings such future opportunities for Chinese students to explore in this domain from an international perspective.”

    Talking about this unique workshop, Akshay Goyal, the Co Founder of Design Future Foundation (DFF) and Dezact, shares, “Post Covid, the Web 3.0 revolution has triggered an immense interest in smart contracts, virtual metaverse platforms and all things NFT. Over the next decade, people will seek more and more immersive virtual experiences, pushing consumers and brands into the Metaverse. Early pioneers include platforms like Sandbox and decentraland and the course expects to trigger this conversation with the virtual designers and developers of this future.”

    DEZACT is a London based organization created to speculate and investigate the changing modes of conception, production and consumption of urban space in the post digital era. It operates at the disciplinary intersection of art, architecture, new media and urban studies. It brings together artists, designers and educators to participate in a forward-looking debate on the position of technology in art, architecture and culture.

    LAC (Linking Academy Creation) is a design organization founded in 2014 in Shanghai, China, with branches in Beijing, Hangzhou and Wuhan. It has expertise in developing and connecting educational resources in the fields of architecture, landscape and interaction design. It aims to be the leading international platform for design education, academic exchange and design practice.

    Design Future Foundation (DFF) is a non-profit organization that believes in the potential of design in solving global problems and creating a massive impact in our rapidly changing world. Operating at the intersection of design & emerging technology, DFF engages with organisations, academia and professionals to explore the impact of design beyond its bracketed boundaries.

    Now, Dezact, UK has tied hands with LAC, China, DFF, USA & Avani Institute of Design, India, on a mission to assist developers and architects in the journey into the Metaverse of the future.

    For More information: https://www.dezact.org/metaplay2

    Instagram: https://www.instagram.com/designfuturesfoundation