Tag: Business

  • Praveg Limited Receives Letter of Award for Development of Resort at Dhordo, Kutch, Gujarat

    Praveg Limited Receives Letter of Award for Development of Resort at Dhordo, Kutch, Gujarat

    Ahmedabad (Gujarat) [India], November 19: Praveg Limited, India’s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on November 18, 2025, for the development, operation and management of a new resort project at Dhordo, Kutch, Gujarat.

    The project entails the development of 46 rooms/keys (luxury tents) and 42 dormitories (total capacity of 252 beds), equivalent to 126 standard rooms, thereby further strengthening the Company’s hospitality footprint in Dhordo. This award is in addition to the existing 30 Bhungas currently operated by Praveg Limited at the location under a 5-year agreement.

    The project has been granted a concession period of 35 (thirty-five) years, providing significant long-term visibility for business growth and value creation. The Company anticipates robust performance from the upcoming resort, with Expected Average Room Rate (ARR) ranging between INR 12,000 and INR 15,000 per night for Rooms and INR 2,500 to INR 3,500 per bed for Dormitories, supported by an expected occupancy rate of 55% to 60%, driven by rising tourist demand and strong seasonal inflows during the Rann Utsav.

    This development is expected to deliver substantial strategic and economic advantages, including strengthening Praveg’s presence at a globally recognized tourism destination, significantly augmenting accommodation capacity for domestic and international travelers, and generating long-term financial value through an asset-light concession model. The project is also likely to stimulate socio-economic growth by creating employment opportunities and supporting regional tourism infrastructure, while upholding Praveg’s commitment to environmentally conscious development and low-impact hospitality solutions.

    Speaking on the occasion, Dr. CA Vishnu Patel, Chairman of Praveg Limited, said, “We are delighted to receive the Letter of Award for development and operations at Dhordo, a destination of global tourism significance. This award reinforces our expansion strategy and strengthens our presence in Kutch. We are confident that the project will create an exceptional hospitality experience, support regional tourism and generate long-term value for all stakeholders.”

    The addition of this resort marks a significant milestone in Praveg’s continued growth in the eco-responsible hospitality sector and is expected to further enhance the Company’s portfolio of premium luxury properties across India. This development reflects Praveg’s mission to deliver unique, sustainable and culturally rooted travel experiences while contributing to the preservation and economic advancement of high-potential tourism destinations.

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  • NAR India Announces Game-Changing Tie-Up with NEO

    NAR India Announces Game-Changing Tie-Up with NEO

    Mr Christian Calusa, Founder & CEO of NEO, and Mr Tarun Bhatia, Vice Chairman of NAR India, seal the MoU with a handshake at NAR NXT Houston.

    New Delhi [India], November 19: The National Association of Realtors (NAR-India) has formalised a new partnership with New Estate Only (NEO) during NAR NXT Houston. This agreement opens direct access for NAR India members to one of the largest and fastest-growing segments in the U.S. real estate market—new-construction homes, which account for more than 33% of U.S. residential sales.

    Highlights:

    • Complimentary NEO access for all NAR India members
    • Direct visibility into U.S. new-construction inventory
    • Training, webinars, and multilingual tools to support cross-border business

    NEO is a dedicated platform that brings developers and realtors together for pre-construction and under-construction projects across the United States. The platform combines updated project information, intuitive navigation, and a visual layout that helps realtors, buyers, and investors discover relevant opportunities efficiently. It also enables realtors to showcase full U.S. new-construction inventories on their own websites in multiple languages, increasing client engagement. Since its launch with the Miami Association in 2021, NEO has become the most widely used new-construction platform in Florida and Texas and is now expanding across the rest of the U.S. NAR. We have recognised the platform for two consecutive years under the REACH program and currently support over 30 realtor associations worldwide.

    Through this partnership, every NAR India member will receive complimentary access to NEO—valued at approximately USD 120 per year. Offered at no cost, this benefit gives NAR India members access to educational webinars on U.S. real estate and new-construction sales, detailed market reports, and future opportunities to build international business connections. With Hindi and other languages being added, Indian realtors will have easier access to U.S. markets backed by multilingual visibility and enhanced marketing tools.

    Commenting on the partnership, Sumanth Reddy, Chairman, NAR India, said,

     “NEO gives our members a direct path into a major global market. This partnership strengthens our international reach and supports realtors who want to take their business beyond India.”

    Tarun Bhatia, Vice Chairman, NAR India, said,

     “Our focus is on building meaningful international connections. NEO brings structured data, updated project inventory, and a practical system that helps Indian realtors engage with U.S. developers effectively.”

    Amit Chopra, President, NAR India, said,

     “We aim to deliver high-value benefits to every member. By sponsoring NEO for all NAR India members, we are ensuring equal access to global opportunities and empowering our community with the right tools.”

    NAR India encourages its members to explore NEO and take full advantage of the access, training, and international exposure unlocked through this partnership.

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  • Anex Advisory Introduces a Pioneering DM + Project Management Model for Society Redevelopment

    Anex Advisory Introduces a Pioneering DM + Project Management Model for Society Redevelopment

    Mumbai (Maharashtra) [India], November 19: Anex Advisory has introduced a revised and strengthened Development Management (DM) and Project Management Advisory (PMA) model designed specifically for housing societies undertaking redevelopment. This integrated framework positions Anex as a pioneer in structured, end-to-end redevelopment advisory across the MMR.

    Backed by its deep experience across Mumbai’s redevelopment ecosystem, Anex Advisory’s model addresses the core challenges societies struggle with: achieving enough feasibility on technical and financial parameters which would satisfy the needs of the members while also meeting margin requirements of the developers, securing approvals under the appropriate schemes, selection of the right development partner, clarity on financing aspects pre and post approvals being obtained, and seamless execution within the stipulated timelines. Instead of relying on fragmented consultants and scattered responsibilities, the DM + PMA model brings everything under one roof—delivering unified governance, technical clarity, and commercial discipline throughout the project lifecycle.

    Speaking about the new offering, Sanjay Daga, Founder & CEO, Anex Advisory, said:  “Society-led redevelopment in MMR has needed stronger, more accountable advisory systems. Having worked as a CXO with reputed developers, I’ve seen how technical feasibility, security mechanisms, and commercial alignment determine a project’s fate, and oversight of even one of these aspects can be fatal. Societies, therefore, require a unified advisory partner who ensures clarity at every stage. Our model is built exactly for that.”

    Through this enhanced structure, Anex Advisory becomes the central decision partner for all critical aspects of redevelopment, including even the most minor tasks. Societies benefit from and are then subject to investor-grade governance that ensures long-term accountability while comfortably protecting member interests. It allows members to be in a comfortable space and avoid making tough decisions on super-technical and financial subjects that might not be their forte.

    A key innovation in the offering is Anex’s Society-Based DM + PMA framework, designed for societies with low viability or uncertain project feasibility. Rather than accepting limited offers or compromising on safeguards, societies can now partner with leading DM firms through Anex to access stronger financial mechanisms, transparent processes, and better control over their redevelopment outcomes.

    With its PMA-led Development Management model, Anex Advisory is reshaping how redevelopment is planned, governed, and executed across MMR—with transparency, accountability, and financial prudence at the centre of every step.

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  • Fittr unveils a milestone Association with Shahid Kapoor

    Fittr unveils a milestone Association with Shahid Kapoor

    Pune (Maharashtra) [India], November 18: Over the years, Fittr has enabled millions of Indians to achieve their fitness goals through structured coaching, science-based nutrition, and a strong digital community. With its expanded offerings – accurate health tracking through Fittr Hart smart ring, AI-driven personalization, coaching and consultations with doctors, Fittr is now building a full-stack solution that helps individuals take charge of their health before medical intervention is required.

    Why Shahid Kapoor?

    Shahid Kapoor embodies the very essence of health: consistency, longevity, and mindful living. His commitment to maintaining peak fitness well into his 40s aligns seamlessly with Fittr’s philosophy that “Health is Freedom.” As someone who balances disciplined training, nutrition, and recovery, Shahid brings authenticity and aspirational credibility to Fittr’s next chapter.

    Shahid isn’t just fit – he lives the philosophy we champion at Fittr. He’s one of the rare ones who truly walk the talk,” said Jitendra Chouksey (JC), Founder & CEO, Fittr. “As our ecosystem grows, his lifestyle and influence make him the perfect partner to inspire India toward better health.

    A Partnership for India’s Healthier Future

    Together, Fittr and Shahid Kapoor aim to drive a nationwide movement encouraging Indians to shift from reactive treatment to everyday action. The association will be highlighted through integrated campaigns showcasing Fittr’s ecosystem and its mission to make healthcare accurate, accessible, and a part of daily living.

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  • Ambani Orgochem Reports Impressive Revenue Growth of 33.51 percent with surged in EBITDA to 76.77 percent for H1 YoY

    Ambani Orgochem Reports Impressive Revenue Growth of 33.51 percent with surged in EBITDA to 76.77 percent for H1 YoY

    Mumbai (Maharashtra) [India], November 18: Ambani Orgochem Limited, trusted manufacturer of water-based specialty chemicals, Organic Peroxide, Salicylic Acid and Salicylic Derivatives announced its unaudited financial results for the half year ended September 30, 2025,

    Particulars (₹ Lakhs) H1FY26 H1 FY25 YoY Growth
    Revenue 10,915.18 8,175.46 33.51%
    EBITDA 791.57 447.79 76.77%
    EBITDA Margin 7.16% 5.46%
    Net Profit 19.07 -178.48

    Commenting on the H1 FY26 results, Mr. Rakesh H Shah, Managing Director of Ambani Orgochem Limited said, the company’s achievement of the revenue of ₹109.15 crore with growth of 33.51% for first half of FY26 over H1 FY25 mainly attributed to our continuous efforts on stabilising the Dahej unit, increasing the share of value-added Salicylates and Peroxide derivative products and also efficient management of the entire supply chain during the period.

    Production at Dahej facility is improving steadily month after month, leading to better capacity utilisation and smoother operations whereas our Tarapur units continue in contributing significantly with excellent performance, and together supported a healthier topline despite Dahej still operating at partial capacity. The company is continuously exploring the opportunities in the market to supply more value-added products for the sustainable sales for the coming periods.

    During the first half of FY-26, the company also consciously focused on the improvement in working capital efficiency, reducing finance costs, and strengthening our export business and also controlling the other operating costs. These efforts resulted into improvement in EBITDA, which surged 76.77% YoY.

    With our continuous thrive for the better product-mix, continuous focus on the efficiency in supply chain and better control on the operating cost. We believe these efforts will unfold over the next few quarters and expect a more meaningful improvement in margins and overall performance in upcoming quarters and continue progressing toward sustainable growth.”

    About Ambani Orgochem Limited

    Ambani Orgochem Limited, established in 1985, is a manufacturer, processor, importer, supplier, and exporter of water-based specialty chemicals, Organic Peroxide, Salicylic Acid and Salicylic Derivatives. The company serves critical industries such as Paints, Carpets, Pharmaceuticals, Fragrances, Cosmetics, and Home Care, providing innovative solutions that enhance everyday products.

    Originally incorporated as Specialty Coatings Pvt. Ltd. and rebranded in 1987, Ambani Orgochem has built a strong reputation in high-performance specialty chemicals. With over three decades of expertise, the company has expanded its production capacity from 700 tons in 1996 to 24,000 tons by 2019, reflecting its commitment to excellence, innovation, and sustainable growth.

    Ambani Orgochem is dedicated to delivering specialty chemicals that add value and make everyday products, from paints to personal care items—better, safer, and more reliable.

    Disclaimer

    Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

  • Hallmark Infra-con (India) Private Limited has unveiled a new chapter of Ultra-Luxury Living at the Most Premium Locations of Hyderabad

    Hallmark Infra-con (India) Private Limited has unveiled a new chapter of Ultra-Luxury Living at the Most Premium Locations of Hyderabad

    Hallmark Imperia and Hallmark County

    Hyderabad (Telangana) [India], November 18: Hallmark Infra-con (India) Private Limited proudly announces its ultra-luxury living communities at the most premium locations of Hyderabad and their availability for sale. Their flagship luxury communities include premium villas in Hyderabad at Hallmark Imperia and Hallmark County, which are the prime examples of how a design-driven luxury living looks and feels like. The company is already an established name in developing ultra-luxury living spaces, and this new expansion will set a new benchmark. The project is open to potential buyers, and one can schedule a visit.

    Hallmark County is a completed, ready to occupy Villa community featuring expansive layouts, refined detailing, and a carefully planned living environment for those who want the extraordinary. Each villa sits within lush greenery and thoughtfully designed landscapes, supported by a full range of amenities that place comfort, sophistication, and convenience at the forefront. Residents also have access to a premium clubhouse, wellness facilities, and sports courts, all set within generous open landscape areas.

    Their another Gated Community at Hallmark Imperia offers an ultra-luxury residential environment that elevates every villa with a level of elegance aimed at those who expect the exceptional. The community is fully equipped with an extensive suite of amenities that go well beyond standard offerings, including a world-class clubhouse, dedicated wellness zones, and high-end sports courts, providing residents with direct access to premium facilities.

    By merging the soothness of nature and top-class amenities, these communities will offer something that people of Hyderabad have long sought for and residents who appreciate fine living indulged in luxury will appreciate everything about them. Another key feature of these communities is their location, and both Imperia and County boast great connectivity to all the major IT hubs of Hyderabad. Reputed schools, hospitals, and entertainment districts are also easily accessible and located within close proximity.

    Addressing the queries of people, one of the spokespersons came forward and said, “We have been in business for about 30 years now and we have not just spent our time in the construction business, but have developed knowledge in creating luxury spaces that resonate with people’s idea of luxury-living. We are not just creating ultra-luxury communities but equipping it with every sort of amenities to redefine luxury living, and these two communities are a further expansion of our vision.”

    By serving and operating in the construction industry for over last 30 years and delivering 3.5 million sq. ft., Hallmark has emerged as a brand that is redefining luxury and over the last 3 decades has successfully developed high-end villas and housing options all over Hyderabad. It is not before them that people started to realise the comfort of luxury-living, and it stands apart from the rest of the living spaces in the city. In the coming time, Hallmark Group will be expanding its projects to give the locals a fine taste of luxury living.

    Contact Us for Site Visits or Enquiries

    To schedule a site visit or for any further queries, please reach out to us through the following channels:

    Website: https://hallmarkinfracon.in/

    Email: sales@hallmarkinfracon.in

    Phone: +91 800 800 4755 | +91 91000 02866

    Address:

    UNIT NO. 213, 2ND FLOOR, HALLMARK HUB,

    PIPELANE ROAD, MANIKONDA,

    GANDIPET MANDAL, Rangareddy, Telangana – 500089

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  • Micro Mitti unveils enhanced Airport Kiosk, strengthening brand presence among high-value travellers under its campaign – IndoreSeBharat Tak

    Micro Mitti unveils enhanced Airport Kiosk, strengthening brand presence among high-value travellers under its campaign – IndoreSeBharat Tak

    Indore (Madhya Pradesh) [India], November 19: Micro Mitti, Bharat’s first proptech real estate co-investment company, has redefined investor engagement through its pioneering initiative at Devi Ahilyabai Holkar Airport, Indore.

    This strategic activation is designed to propel brand reach by engaging high-net-worth individuals, corporate travellers, and potential investors via premium media and innovative touchpoints.

    Positioning itself as a hub where homegrown opportunities fuel wealth creation, Micro Mitti’s arrival terminal installations spotlight Indore under the theme “The Wealth Engine of MP”, connecting passengers to the city’s entrepreneurial spirit, growth, and excellence.

    The technical deployment includes precisely at conveyor belt zones, and at the arrival, each orchestrated using cue managers demonstrating Micro Mitti’s commitment to innovation and detail at every step. The kiosk is positioned to foster curiosity and empower travellers with the latest innovative co-investment opportunities in real estate.

    Micro Mitti previously established a visually compelling airport presence across departure and arrival terminals, leveraging key media formats. Targeting inbound passengers, the brand has secured 100% reach with static and digital formats at exit gates and outdoor areas, ensuring dominant visibility and strong recall among the target audience.

    Speaking on the occasion, Manoj Dhanotiya, Founder & CEO, Micro Mitti, says, “Through our airport strategy, we wanted every Indore passenger to feel empowered. The idea is to promote Indore as a city of opportunities and wealth creation. With this kiosk at the arrival gate, we’re bringing Micro Mitti’s vision directly to the people who care about this city the most, its own residents, its diaspora, and everyone who chooses Indore as their destination.”

    This comes as a Colliers-CII report projects India’s real estate sector to expand by $10 trillion by 2047, driven by growth in tier-II and tier-III cities. Indore is emerging as a top investment hub due to industrial expansion, major IT parks, and robust infrastructure — delivering high ROI and sustained demand for premium properties.

    Indore stands out for its cleanliness, superior quality of life, and business-friendly environment, drawing talent and companies nationwide.

    About Micro Mitti

    Micro Mitti is India’s first PropTech real estate co-investment company with complete ownership over its assets — a bold, Bharat-focused disruptor committed to democratizing real estate investments. Founded in 2023, Micro Mitti operates on the principles of Co-Invest, Co-Own, and Co-Build Wealth, empowering investors to create long-term wealth through premium, real estate-backed opportunities and democratizing access to high-quality, institutional-grade assets.

    Visit: https://www.micromitti.com/

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  • Pajson Agro India Limited Received In-Principle Approval From BSE

    Pajson Agro India Limited Received In-Principle Approval From BSE

    Mumbai (Maharashtra) [India], November 18: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Pajson Agro India Limited for IPO. The company is going public through an IPO to fund the establishment of a second cashew processing facility at Vizianagaram, Andhra Pradesh. The company has plan to issue fresh Issue up to 63,09,600 equity shares, each with a face value of ₹10, in the forthcoming IPO.

    About Pajson Agro India Limited:

    Pajson Agro India Limited is engaged in processing raw cashew nuts into kernels for domestic and international markets. The company offers various grades of cashew nuts, processed and packaged in both bulk and consumer retail packs. It also markets select dry fruits under its white-label brand “Royal Mewa” through a mix of e-commerce platforms and offline distribution channels. Additionally, the company utilizes by-products such as cashew husks and shells for agricultural and industrial applications, generating added value from its processing operations.

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  • Dhruv Consultancy Awarded INR 8.73 Cr NHAI Mandate for Independent Engineer Role

    Dhruv Consultancy Awarded INR 8.73 Cr NHAI Mandate for Independent Engineer Role

    Mumbai (Maharashtra) [India], November 15: Consultancy Services Limited. (DCSL) (BSE – 541302: NSE – DHRUV), one of the leading infrastructure consultancy companies in India, is pleased to announce that it has received a Letter of Appointment from the National Highways Authority of India (NHAI) for providing consultancy services as an Independent Engineer during the Operation and Maintenance phase for key highway projects in Karnataka. The contract is valued at ₹8.73 Cr (excluding GST) and will be executed over a period of 60 months.

    Under this engagement, DCSL, in association with Maark Civil Engineering Services Pvt. Ltd., will oversee the Operation and Maintenance works of essential stretches of NH-66 and NH-73, ensuring quality control, safety compliance, and performance monitoring in accordance with NHAI standards.

    The projects include:

    Four-laning of the Kundapur–Surathkal section and Mangalore to Kerala Border, including Mahaveer Circle to Kerala Border on NH-66 under NHDP-III on a DBFOT basis.

    Operation and Maintenance of NH-66 and NH-73 under NMPRCL’s New Mangalore Port Road Connectivity, covering Surathkal to Nanthoor on NH-66, BC Road to Padil on NH-73, and the Padil Junction–Maroli Bypass.

    These projects will strengthen DCSL’s presence and further consolidate its relationship with NHAI. It will also enhance the company’s order book, reinforce its credentials in highway consultancy, and contribute to improved regional connectivity and infrastructure reliability in Karnataka.

    Upon receiving the Letter of Acceptance, Mrs Tanvi Dandawate Auti, Managing Director of Dhruv Consultancy Services Limited, said, “We are pleased to secure this important mandate from NHAI. This appointment underscores our unwavering commitment to delivering high-quality engineering consultancy solutions and supporting India’s infrastructure growth. With highways being a critical component of the nation’s connectivity and logistics network, this project aligns seamlessly with our long-term strategy to strengthen our presence in the transportation infrastructure domain.

    Our continued success across diverse assignments reflects our strong execution capabilities, technical excellence, and proven track record in project delivery. This engagement further enhances our order book and reinforces our position as a trusted partner to leading infrastructure agencies across the country.”

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  • EarlyJobs Expands Its AI Recruitment Network with a New Franchise in Bangalore

    EarlyJobs Expands Its AI Recruitment Network with a New Franchise in Bangalore

    Bangalore (Karnataka) [India], November 18: EarlyJobs, India’s first AI-powered recruitment network, has launched its newest franchise in Bangalore, reinforcing its presence in India’s most competitive and innovation-driven job market. With this expansion, EarlyJobs aims to accelerate hiring speed and efficiency for companies while helping students and early-career professionals secure meaningful roles faster through its AI-driven recruitment technology.

    Accelerating Hiring Through AI and Automation

    Bangalore, India’s technology capital, has one of the country’s highest recruitment volumes – yet many companies still face delays in closing positions. EarlyJobs’ new franchise aims to solve this problem by leveraging its AI Skill Assessment Platform and Smart Recruiter Tools to deliver high-speed, high-accuracy recruitment.

    Through intelligent automation, the platform matches candidates to roles based on skill, communication ability, and job readiness – drastically reducing the time and effort needed for sourcing, screening, and shortlisting. For employers, this means faster closures; for candidates, it ensures fairer access to opportunities across sectors like IT, EdTech, BFSI, and Operations.

    Bridging Talent and Opportunity in India’s Tech Capital

    Despite being a hub of talent, Bangalore’s job ecosystem remains fragmented, especially for fresh graduates and early-career candidates. The new EarlyJobs franchise will directly bridge this gap by partnering with local colleges, training institutes, and corporates to conduct walk-in drives, AI-based assessments, and structured placement programs.

    By combining human recruitment expertise with AI precision, EarlyJobs ensures companies connect with pre-verified, job-ready candidates – often within 7–10 days, compared to traditional hiring cycles that stretch for weeks.

    Empowering Recruiters and Entrepreneurs Through Technology

    The Bangalore franchise is also a vital part of EarlyJobs’ vision to build India’s largest decentralized recruitment network. Each franchise operates independently under the EarlyJobs brand, gaining access to the company’s central AI tools, candidate databases, and operational systems. This model empowers local entrepreneurs and women recruiters to run scalable, tech-enabled hiring operations with national reach.

    Commenting on the launch, Ravi Prakash Kumar, Founder and Director of EarlyJobs, said:

    “Bangalore defines the future of India’s workforce – fast, digital, and deeply connected. With this launch, we are transforming how hiring happens, using AI to make recruitment faster, smarter, and more transparent. Our goal is simple: no company should struggle to hire, and no candidate should struggle to find the right opportunity.”

    Building India’s Fastest Recruitment Network

    EarlyJobs’ integrated platform combines technology and execution through:

    • AI Skill Assessments for communication, aptitude, and technical screening
    • Recruitment Automation Tools for tracking, shortlisting, and reporting
    • College Integration Portals to connect campus talent with employers
    • Freelance Recruiter Dashboard to enable flexible, commission-based hiring

    With over 22+ franchise locations, including Hyderabad, Coimbatore, Surat, Mohali, Chandigarh, Rampur, and Anantapur, EarlyJobs continues to expand its reach. The Bangalore franchise will serve as a central hub for South India – supporting both corporate recruitment and campus placement drives.

    To date, EarlyJobs has completed 2,000+ placements, trained 1,000+ interns, and partnered with 300+ freelance recruiters, helping employers like HDFC, Rupeek, Cogent, and Shaadi.com find top talent nationwide.

    EarlyJobs is India’s first AI-enabled recruitment network connecting companies, colleges, and freelance recruiters on a single digital platform. Its mission is to make hiring faster, smarter, and more inclusive by combining artificial intelligence with local recruiter expertise. Through its growing franchise model, EarlyJobs is building India’s largest on-ground hiring network – bringing opportunities closer to every college, every recruiter, and every candidate.

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