Tag: Business

Mumbai (Maharashtra) [India], August 30: Amanta Healthcare Limited, (“Amanta”, “the Company”) engaged in the development, manufacturing, and marketing of sterile liquid products, including both large and small volume parenterals, secured ₹37.80 crore through its anchor book process on August 29, 2025. According to the exchange filing 06 investors participated in the anchor book offering. The List of Anchorinvestors include:

1. Bandhan Small Cap Fund
2. Sanshi Fund-1
3. Perpetuity Health to Wealth (H2W) Rising Fund
4. Aarth Growth Fund
5. Sunrise Investment Trust- Sunrise Investment Opportunities Fund
6. Finavenue Capital Trust- Finavenue Growth Fund

Amanta Healthcare Limited has allocated a total of 30,00,000Equity Shares to these anchor investors, with each share priced at ₹ 126. 

Beeline Capital Advisors Private Limited is the Book Running Lead Manager to the Issue, while MUFG Intime India Private Limited is Registrar to the Issue.

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Mumbai (Maharashtra) [India], August 29: BillMade, a next-generation Point-of-Sale (POS) solution for retailers, has announced the integration of PhonePe EDC + QR Code and Razorpay EDC + QR Code with its POS system. This strategic move is designed to simplify digital payments, enhance customer experience, and empower retailers with faster and error-free transactions.

PhonePe EDC + QR Code Integration

BillMade POS now connects directly with PhonePe EDC devices, enabling customers to pay seamlessly via cards, UPI, or QR codes at the counter. The integration ensures:

• Real-time transaction updates within the POS system.
• Elimination of manual entry and reduced errors.
• Faster checkout and improved customer satisfaction.

This feature brings retailers the ability to handle high-volume payments with ease and accuracy, while giving customers a smooth and secure checkout experience.

Razorpay EDC + QR Code Integration

Similarly, the Razorpay EDC integration allows businesses to accept cards, UPI, and QR payments effortlessly. Key benefits include:

• Instant payment capture without manual intervention.
• Multiple payment modes for enhanced customer flexibility.
• Reduced billing errors and faster transaction processing.

With this integration, retailers can now offer a secure, flexible, and convenient payment ecosystem to their customers, making the billing process more reliable and efficient.

Empowering Retail with Smarter Payments

“Digital payments are now at the heart of retail, and our goal at BillMade is to give businesses the smartest tools to grow. By integrating with PhonePe and Razorpay, we’re ensuring retailers can deliver faster checkouts, reduce errors, and delight customers with secure and flexible payment options,” said [Insert Leadership Quote/Name, e.g., Deepak Singh, CEO & Director, Saturo Technologies].

With these integrations, BillMade POS continues its mission of redefining retail billing and payment management through innovation, convenience, and customer-first solutions.

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Pune (Maharashtra) [India], August 29: BE Hub, Saturo Technologies’ accelerator platform dedicated to building entrepreneurs, is calling on forward-thinking founders and entrepreneurs who are shaping the future of Artificial Intelligence (AI) and Machine Learning (ML).

With a special focus on Native AI innovations, BE Hub seeks startups that are driving impact in critical areas such as government defense, public safety, and global humanitarian advancement.

AI is no longer just a business tool—it is a strategic enabler of national security, resilience, and societal progress. At BE Hub, we believe the next generation of AI-powered solutions will not only revolutionize industries but also strengthen defense systems, protect citizens, and improve lives across the globe.

“We are looking to support entrepreneurs who are building meaningful, future-ready solutions in AI/ML. Startups leveraging Native AI to solve defense challenges, empower governments, and address global needs will find BE Hub as the right launchpad to scale their impact,”

Entrepreneurs working in AI and ML are shaping the defense and societal systems of tomorrow. At BE Hub, our mission is to give them the right mentorship, network, and resources to scale their innovation faster and stronger.” – Deepak Singh, CEO & Director, Saturo Technologies

Through BE Hub’s accelerator program, selected founders will gain:

• Access to mentorship from industry veterans and domain experts
• Networking opportunities with government, enterprise, and global stakeholders
• Strategic funding and business support to scale innovation
• Co-working spaces and infrastructure to accelerate growth

BE Hub is committed to nurturing startups that combine innovation with purpose, and we believe AI entrepreneurs can play a defining role in shaping the defense and societal systems of tomorrow.

If you’re a founder building an AI/ML-powered startup with global impact, especially in Native AI for defense and humanitarian innovation, BE Hub invites you to collaborate and scale your vision.

Apply today at: https://thebehub.in/
Summit application: – https://forms.office.com/r/rULbJJz29z
Contact: (+91) 207 117 9633 ext 5

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New Delhi [India], August 28: Apollo Hospitals, Hyderabad, proudly celebrates 37 years of an incredible journey in redefining the healthcare journey we began together and continue together with trust, excellence, and compassion at the core.

Since its inception in 1988, Apollo Hospitals Hyderabad has been a pioneer in bringing world-class healthcare to the region. Over the past 37 years, the hospital has introduced cutting-edge technology, advanced medical expertise, and patient-centric care that have set benchmarks in clinical excellence and innovation.

From being the first to introduce several medical milestones to becoming a trusted name for comprehensive healthcare, Apollo Hospitals Hyderabad has grown alongside its community, empowering lives, nurturing hope, and saving millions.

Apollo Hospitals celebrated its anniversary with a blend of entertainment and recognition, highlighting the contribution of its dedicated staff. The event featured an engaging skit titled “Nato Unna Apollo” performed by the hospital staff, depicting the journey of Apollo and its commitment to patient care over the years.

As part of the celebrations, Shri Sangita Reddy, Joint Managing Director of Apollo Hospitals Group, felicitated senior employees who have played a pivotal role in the organisation’s success. Their long-standing service and dedication were recognised as vital in establishing Apollo’s reputation as a leader in healthcare excellence.

Speaking on the occasion, Mr.Tejesvi Rao Veerepalli, Telangana Regional CEO Apollo Hospitals, said, “This milestone is not just a celebration of our achievements but a tribute to the trust our patients have placed in us and the unwavering commitment of our medical teams. Together, we have built a legacy of healing and continue to move forward with the same passion and dedication.”

As Apollo Hospitals Hyderabad looks to the future, the commitment remains strong to continue providing holistic healthcare, harnessing the power of technology and research, and ensuring accessible, affordable, and quality treatment for all.

The event witnessed active participation from the hospital’s leadership and staff, including DMS Dr. Ravinder Babu, Mr. Harkaran, COO, Senior Doctors, and operations teams, whose collective efforts contributed to the grand success of the celebrations.

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New Delhi [India], August 28:  SASMOS Group Secures Growth Capital from A91 Partners to Accelerate Expansion. A91 Partners has acquired a significant minority stake by investing in SASMOS HET Technologies Ltd (‘SASMOS’), a leading global manufacturing, design, and development company in the Aerospace & Defence sector. This investment will accelerate SASMOS’s growth agenda across R&D, new product development, global expansions and strategic initiatives.

Headquartered in Bangalore, SASMOS is engaged with global OEMs and Partners in design, development, manufacturing and supply of (a) Electrical Wiring Interconnect Systems to Aerospace & Defence industry

(b) Fibre Optic Solutions for Hyperscalars, Co-located and Enterprise Data Centres and (c) Electronics Integration Solutions (EIS) and complex systems to Aerospace & Defence industry.

SASMOS has received several awards and recognition from across the stakeholder community, including the Government of India, Customers, and Suppliers for Engineering, Quality and Manufacturing Excellence.

SASMOS is run by an exceptional management team with diverse qualifications, vast & relevant experience, and impressive contributions to this Industry.

Speaking on this occasion, H G Chandrasekhar, Managing Director, SASMOS HET Group, said, “This investment by A91Partners is a significant milestone in our next phase of journey to develop SASMOS into a global partner of choice in aerospace, defence, and fibre-optic connectivity. Over the past 17 years, we have built strong foundations in technology, quality, corporate governance, and customer trust. With A91 joining our board, we are primed to accelerate our growth through new products, deeper R&D focus, and strategic global partnerships. Together, we are committed to being future-ready and to creating enduring & enhancing value for all our stakeholders – customers, partners, employees and society at large”

Abhay Pandey of A91said “We are delighted to partner with SASMOS in its next phase of growth. SASMOS has built deep capabilities across aerospace, defence, and fibre-optic connectivity, earning the trust of marquee global customers. The company’s ability to combine strong engineering expertise with global execution capabilities makes it a unique and valuable player. We look forward to supporting SASMOS leadership team as they continue to scale their businesses and expand their global footprint.”

Steer Advisors (www.steeradvisors.in) was the Sole Transaction Advisor on the deal.

AboutA91

A91is a Mumbai-based growth-stage investment firm. The firm acts as a patient, deeply invested partner for founders building category-leading, enduring businesses. Across sectors like technology, consumer (including energy-efficient appliances and fintech), healthcare, and industrials, A91 backs ambitious companies with capital, governance, and strategic support.

About Steer Advisors (www.steeradvisors.in)

Steer Advisors is an established Investment Bank and Corporate Advisory firm with having presence in India and abroad. While Steer Advisors operates across eight Industry segments, in the Aerospace & Defence sector, they have been one of the earliest in India since 201,4, having represented Joint Ventures, M&A, and Growth Capital deals in the Aerospace and Defence segment while actively pursuing opportunities in the domain of Electronics, EMS, Space and Satcom as well, among other segments.

Disclaimer: Securities investments are subject to market risks, and there is no assurance or guarantee that the objectives of the scheme/fund will be achieved. This document is made for informational purposes only and should not be regarded as an official opinion of any kind or a recommendation. It does not constitute an offer, solicitation or invitation to the public in general to invest in the Alf. Past performance of the Fund Manager or AMC may not be indicative of the performance in the future.

The views & opinions expressed herein are those of the author(s)/individuals mentioned herein and may not necessarily reflect the views or opinions of A91 and/or its subsidiaries.

Mumbai (Maharashtra) [India], August 28: Snehaa Organics Limited, a Hyderabad-based specialist in solvent recovery, purification and allied chemical services, announced the launch of its Initial Public Offering (IPO). The 100% book-built issue will open for public subscription on Friday, August 29, 2025 and close on Tuesday, September 2, 2025.

The company provides solvent recovery and purification solutions to chemical and pharmaceutical industries, utilizing advanced distillation and purification technologies that promote circular-economy practices. With an installed capacity comprising 60 KL kettles and 27 KL reactors(currently operating at 88% utilization), the company achieves a high 90–95% solvent recovery and reuse rate, supported by strong customer trust with 80% repeat orders.

IPO DETAILS

• Issue Size: Upto 26,79,000 equity shares of face value ₹10 each.

• Market Maker: 1,34,000 equity shares

• Listing Platform: NSE Emerge

IPO TIMELINE

• Issue Opens: August 29, 2025.

• Offer Closes: September 02, 2025

USE OF PROCEEDS

Net proceeds from the Fresh Issue are proposed to be utilised as follows (amounts in ₹ lakhs):

1. Working capital requirements: 2,394.17.

2. Repayment/pre-payment of loans: 350.00.

3. General corporate purposes and Issue expenses (to be finalised at Issue Price determination).

LEADERSHIP COMMENTS

Mr. Nandigala Venkata Sai Kiran, Managing Director of Snehaa Organics Limited, said:
“The launch of our IPO marks a significant milestone in Snehaa Organics’ journey of driving sustainable solutions for the chemical and pharmaceutical industries. With our strong track record of 90–95% solvent recovery, 88% capacity utilization, and 80% repeat business from customers, we have established ourselves as a trusted partner in promoting circular-economy practices. The proceeds from this offering will strengthen our working capital base, enhance operational efficiencies, and further consolidate our market position. We are confident that this step will enable us to deliver long-term value to our stakeholders while contributing to resource efficiency and environmental sustainability.”

Mr. Vikas Kumar Verma, Founder of Fast Track FinsecPrivate Limited, the Book Running Lead Manager to the Issue, said: “Snehaa Organics Limited represents a compelling opportunity for investors given its strong financial performance, scalable business model, and sustainability-focused operations. The company has delivered healthy margins with an EBITDA margin of 43.52% and PAT margin of 27.98% in FY25, reflecting both operational strength and disciplined execution. We believe the IPO will provide the company with the necessary resources to capture growing demand in solvent recovery and purification while creating meaningful value for investors.”

KEY INTERMEDIARIES

• Book Running Lead Manager: Fast Track FinsecPrivate Limited.

• Registrar to the Issue: Skyline Financial Services Pvt.Ltd.

• Market Maker: Nirman Share Brokers Private Limited.

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Mercury EV-Tech stock was on a volatile trading day, with the benchmark indices recording sharp corrections, but the stock performed well and rose by almost 5 per cent in intraday trade. This recovery was in the face of investors grappling with geopolitical headwinds, which were occasioned by imposing another 25 per cent US tariff on Indian imports.

Broader Market Under Pressure

The domestic equity market was under pressure as the US President Donald Trump granted a new tax on Indian trade, doubling the total tariff on imports of oil-related products to 50 per cent. This action, aimed at the perpetual Indian oil purchases of Russian oil, sent the investor mood into a negative mood.

Early trade collapsed the BSE Sensex by 508.16 points to 80,278.38 and the NSE Nifty 50 by 157.35 points to 24,554.70. Foreign institutional investors’ pullouts, coupled with world uncertainty, increased the fall as observed by the market observers.

The incremental tariff also adds a new twist to the trade position of India, and equity markets are responding to the risk calculatedly, according to a market strategist of Mumbai.

Mercury EV-Tech Stock: Outlier in a Declining Market

Mercury EV-Tech stock overcame its initial losses at a time when the major indices declined. The scrip started at a fall of 2.08 per cent and soared to an intra-day high of 51.95 and fell to 51.34, a 4.88 per cent rise.

The company, whose operations lie within the electric vehicle and allied technology sector, has a market capitalisation of 975.13 crore. The movement of the counter was especially crucial when it stopped a three-day unsuccessful streak and indicated the ability to withstand the general market downturns.

Mercury EV-Tech stock technically trades above 5-day and 20-day averages, whereas it is under the much more important 50-day, 100-day and 200-day averages. This crossroad positioning implies short-term optimism; however, caution is observed in the long run.

Historical Performance: Spectacular but Volatile

The long-term experience of the stock has been both a tale of tremendous expansion and severe corrections. The scrip reached its 52-week high of 139.20 on October 3, 2024. Comparatively, it reached a one-year low of ₹45 on August 19, 2025, and this indicates high volatility.

5-year return: 8,600%

3-year return: 749%

2-year return: 46%

1-year correction: -30%

Year-to-date (YTD): -45%

This sudden turn of direction indicates the very nature of the threats small-cap investors have to deal with: spectacular short-term returns may transform into equally sudden declines.

Why Did the Stock Rise Today?

Technical buying is the reason analysts point to the current rebound. The counter showed to be oversold by the end of the week, after plummeting drastically in the previous week, which brought bargain hunters. In addition, small-cap EV-specific companies are structurally well-positioned in the long run due to the ambitious electrification policy of the government and the increasing use of green mobility solutions domestically.

The second reason may be the perception that the US tariffs, though harmful to some industries, may not have a tangible effect on smaller, niche technology firms like Mercury EV-Tech.

Market Context: Discipline and Consistency Required

How the Mercury EV-Tech stock was able to withstand the performance during the period of market decline is a measure of how discipline and clarity are important to investors. The behaviour of small-cap equities requires more focus and consistency since they tend to be volatile. The current surge can provide a temporary fix, but long-term payoffs rely on the prospect of trust in fundamentals, long-term profitability and risk management.

To investors in EV smallcaps, as one broker put it, it is vital to weigh enthusiasm about the sector’s expansion with caution about steep volatility. Mercury EV-Tech has created an unbelievable amount of wealth over the last few years, but to sustain confidence, patience and long-term vision are essential.

Outlook

The present rebound was a welcome reprieve, but Mercury EV-Tech stock is still a long way off its 52-week highs. As the tariff tensions keep rising, investor behaviour may remain cautious in the short term. Nevertheless, the structural dynamics of the EV industry, which is characterised by regulatory underpinnings, technology-assisted, and sustainability considerations, offer a consistent framework on which the company’s positioning can rely.

To traders, the rise of the stock above the short-term averages represents tactical opportunities, whereas long-term investors will have to track its performance with the bigger market corrections.

The resiliency of Mercury EV-Tech speaks to the fact that small-cap counters can continue to yield even then when the macroeconomic environment is unkind. As long as there is volatility, there are still chances for the investor who stays disciplined and has a clear plan.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.

Mumbai (Maharashtra) [India], August 28: In a landmark celebration of India’s entrepreneurial spirit, the MASA Mumbai Forum (MSME And Startups Accelerator), was officially launched at the Maha Growth Conclave – Expo & Awards 2025, hosted at the National Stock Exchange (NSE), Mumbai—a true temple of entrepreneurship and growth. The Maha Growth Conclave, Expo & Awards 2025 by MASA Forum brought together industry leaders, startups, investors, and policymakers to chart the future of business and finance. With a blend of insightful panels, Startup Pitches, networking opportunities, and awards, the event became a vibrant platform for driving growth, innovation, and investment across India’s startup and MSME ecosystem.

MASA Forum, which began its journey in Kolkata, West Bengal has expanded its reach pan India by collaborating with leading stakeholders in the startup, investor, and accelerator ecosystem. Through strategic tie-ups with FundGini.com, ICCIBI (Indian Chamber of Commerce for Inclusive Business and Industry), Red Mammoth Ventures, Gitanjali Express Members’ Welfare Society, ValueAxis Equity, Arthsanket, JSJ, GYR, RupeeBoss & ICExPRO, (Independent Consultants & Professionals Network with over 50K Members) Institute of Entrepreneurship, Induckt Ventures, and the CA community, MASA Forum is enabling a wider platform for startups to connect, grow, and scale.

The event was inaugurated by Shri Kalki Maharaj, Shri Ashokrao Mane (MLA), Shri Krishnan Iyer (Senior Vice-President, NSE), Shri CA K Suresh (President, ANMI), Ms. Pragya Jhunjhunwala, Shri Vibhor Tandon and Shri Shashank Pradhan, Dr Girish Ingale. The keynote speech by Mr. Krishnan Iyer – Senior Vice President, NSE on ‘Unlocking India’s Entrepreneurial Capital’ has opened the visionary discussion on startups contributing and accelerating India in its growth phase of the Amrit period. 

The energy and participation witnessed at the event reflect India’s readiness to accelerate its growth story,” said Pragya Jhunjhunwala, National Secretary, MASA Forum. 

One of the most anticipated segments, Nivesh Manthan – Live Pitch & Investment Round, created a breakthrough moment for India’s SMEs and startups. From the received applications, 20 ventures were shortlisted and evaluated by the jury, and four finalists pitched live at NSE in front of a panel of over 15 leading industry experts and investors.

The showcase featured breakthrough innovations such as “Water Made Out of Air” by Aeronero, “Waste to Fuel” by Pranav Udyog Ventures, “CIBIL Score for HR Ecosystem and Skilling” by ProPMO, and “Limitless Aerial Intelligence” by Aerobott. MASA, along with Fundgini.com and Red Mammoth Ventures, will be hand-holding these startups to help them scale to the next level.

“At Fundgini.com, we believe access to the right capital at the right time is the fuel that powers entrepreneurial dreams” – Shri Shashank Pradhan, Founder of Fundgini.com Pvt Ltd.

During Awards and recognitions Shri Vineet Bararia of Holo Code, was felicitated with the Innovation in Apparel Labelling Award for revolutionizing labelling solutions with creativity and technology.

Shri Sharang Ambadkar, Founder of SSA Enterprise, was honoured as the Circular Economy Champion for resource efficiency.

Smt. Deena Mehta, Founder & Managing Director, ACMIIL, former President of Bombay Stock Exchange, BSE & former director of National Payments Corporation of India (NPCI) was honored with the Pioneering Leadership in Indian Finance Award for her trailblazing contributions and visionary role in shaping India’s financial markets.

Pallavi Tamhankar, renowned Social Media Influencer, was felicitated with the Excellence in Public Engagement Award for her impactful connect with audiences and innovative digital presence.

CA K. Suresh, representing ANMI, was honoured with the Outstanding Ecosystem Supporter to the Financial Markets Fraternity Award.

Shri Piyush Agrawal, Founder of Amrit Capital Ventures (ACV), echoed insights on purpose-driven investing, stating: “We believe strategic capital must serve a larger purpose, fueling enterprises that are built to lead, not just survive.”

The Conclave was designed to deliver thought leadership and actionable strategies through high-powered sessions, including:

Crossing the Bridge – Pre IPO & IPO, moderated by CA Ansul Agarwal, V. Singhi & Associates with the NSE Leadership Team, Merchant Bankers, Founder of a listed entity and strategic advisors.

Debt and Capital – The Growth Engine: Access Smart and Sustainable Debt, moderated by Shri Raj Sukheja, Red Mammoth Ventures LLP, who believed entrepreneurship thrives when ideas, capital, and mentorship converge. 

Equity Without Losing Control – Fundraising for Founders, by Mr. Bikram Saraf, Co-founder, ValueAxis Equity, who is deeply committed to backing visionary founders and scalable business models.

Energising Entrepreneurs Through Spiritual Growth, by Adarniyaa Gaurav Singh, Principal Volunteer, Confederation of Empowerment Initiatives (CEI) & Global Wealth Creation Summit.

Dr. Girish Ingale, Chairman, Indian Chamber of Commerce for Inclusive Business and Industry (ICCIBI), said “Our mission is to build an inclusive ecosystem where entrepreneurs grow and thrive.”

Shri Jayesh B Khemka, Jai Sai Jewellers said “As jewellers, we know the value of purity and trust. For MSMEs, the MahaGrowth conclave is that hallmark of trust—a one-stop ecosystem where they can access capital, scale operations, and prepare for IPOs with confidence.”

“RupeeBoss has always been committed to empowering MSME’s with seamless access to financial solutions. As an ecosystem partner at the MahaGrowth Conclave, we are proud to enable entrepreneurs with the capital with and without collateral and confidence they need to scale, innovate, and shape India’s economic future through MSME Bharat Manch and MASA coming together” – Shri PN Shetty, CEO, RupeeBoss.

Sharing his thoughts at the conclusion of the event, Shri Mohit Baid, Founder of GYR Capital Advisors Private Limited, expressed a positive note on the evolving SME ecosystem. He highlighted how programmes like this and platforms of NSE and BSE are playing a pivotal role in empowering entrepreneurs to dream bigger, access capital markets, and transform into tomorrow’s leaders.

“MahaGrowth is not just an event—it is a collective movement to empower entrepreneurs with knowledge, networks, and capital.” said Shri Vibhor Tandon, National Vice President, MASA Forum.  

By integrating IPO readiness, debt advisory, investor connections, and founder-focused leadership programs, MASA Forum is building a growth-driven ecosystem. 

Join MASA NOW!

About MASA Forum:

MASA Forum is a dynamic platform empowering startup, MSMEs, socialpreneurs, and professionals by providing expert mentorship, tools, and guidance to foster business growth and innovation. MASA Forum collaborates with key institutional partners pan-India and MSME Development Forum, to amplify its impact in India’s entrepreneurial ecosystem.

For more information, please contact:

Dr. Rachana Chowdhary

+91-9619776084

mvwdevelopmentcentre@gmail.com

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Ahmedabad (Gujarat) [India], August 27: Bulkcorp International Limited (NSE – BULKCORP), one of the leading manufacturers of food-grade FIBCs (Flexible Intermediate Bulk Containers), announced the successful commissioning of its solar power project, Project Urja, in Banaskantha, Gujarat. The project underscores the company’s commitment to sustainability and responsible utilisation of funds raised through its IPO in August 2024.

The ground-mounted solar plant, with an installed capacity of 464 KW, has been set up at New Survey No. 361, Moje Jasanvada, Taluka Bhabhar, District Banaskantha. Designed for captive consumption, the plant will generate clean and renewable energy for the company’s operations, including its newly commissioned manufacturing unit. With an estimated operational life of 25 years, the project will significantly reduce reliance on conventional power sources such as coal, thermal, and hydro energy.

The company has invested ₹218 lakh from its IPO proceeds towards the development of this project. The facility operates on a net metering system, enabling the company to offset its electricity consumption and contribute surplus power back to the grid.

The completion of the solar plant marks a key milestone in the company’s sustainability journey, strengthening operational resilience and cost efficiency while supporting India’s renewable energy goals. At the same time, it enhances the company’s global competitiveness by lowering energy costs and aligning with international ESG standards, positioning the company to expand exports across Europe, North America, Latin America, and the Middle East through high-volume, compliance-driven partnerships.

Commenting on the development, Mr. Punit Gopala, Managing Director and CEO of Bulkcorp International Limited, said, “The commissioning of Project Urja is a defining moment in the company’s sustainability journey. By investing in renewable energy, we are not only reducing our carbon footprint and strengthening cost efficiency, but also aligning with India’s clean energy mission and international ESG benchmarks. This milestone enhances our global competitiveness and positions the company to serve high-volume, compliance-driven customers across Europe, North America, Latin America, and the Middle East with greater confidence.”

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Chennai (Tamil Nadu) [India], August 26: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), today announced the appointment of Adrian De Wet as Visual Effects Supervisor and Creative Director – Los Angeles. This strategic addition comes as part of BFS’s broader efforts towards global expansion initiatives as mentioned by management in their earlier commentary to strengthen its footprint in North America through One of Us (OOU), the Emmy- and BAFTA-winning VFX studio acquired in 2024.

With more than 30 years of experience in the global VFX industry, Adrian has worked on some of the most celebrated titles in cinema including Harry Potter, The Hunger Games franchise, The Meg, Hellboy II, The Goblet of Fire, and The Matrix Reloaded. Over his career, he has successfully bridged the worlds of creative direction, on-set supervision, and post-production management, establishing a reputation as one of the most versatile and trusted leaders in the industry.

A DGA Director and an active member of AMPAS (Academy of Motion Picture Arts and Sciences), BAFTA (British Academy of Film and Television Arts), and the Visual Effects Society, Adrian has overseen teams both on the studio and vendor side, managing production budgets ranging from $60 million to $200 million across diverse genres. His ability to blend artistic vision with operational excellence, coupled with a strong command over virtual production and real-time workflows, positions him perfectly to support BFS and OOU in delivering large-scale, high-quality projects for global studios and streaming platforms.

Commenting on this, Mr. Balakrishnan, Managing Director & CEO of Basilic Fly Studio Limited said

“We are delighted to welcome Adrian to Basilic Fly Studio’s global leadership team. His vast experience, proven creative vision, and deep network across Hollywood will be instrumental as we scale our Los Angeles presence and deliver world-class visual experiences for our clients worldwide. Adrian’s appointment reflects our commitment to strengthening BFS and OOU as a combined global creative force. With his leadership, we are confident of deepening our partnerships with leading studios and streamers, driving innovation through technology-led solutions, and further positioning BFS as one of the most trusted and future-ready VFX powerhouses in the world.”

Ms. Rachael Penfold, CEO of One of Us, added: “Adrian has been a long-time collaborator and trusted creative partner. His leadership will help us unlock greater synergies between Basilic Fly Studio and One of Us as we expand our footprint and continue to set new benchmarks in storytelling and innovation.”

Commenting on his new role, Adrian De Wet said: “Basilic Fly Studio and One of Us have consistently set themselves apart through their creative excellence and design-led approach. I’m thrilled to join this visionary group at such a transformative time and look forward to building the Los Angeles team while pushing the boundaries of what’s possible in visual effects.”

With a consolidated team of over 800+ artists across India, Canada, UK, France, and the US, Basilic Fly Studio continues to transform imagination into reality for leading studios and streamers including Netflix, Amazon, and Sony. 

The appointment of Adrian De Wet marks another significant step in BFS’s Vision 2026 to expand globally, invest in AI-driven innovation, and position itself as a world-class, end-to-end VFX powerhouse. The Los Angeles appointment is a significant step in BFS’s Vision 2026, which focuses on scaling across geographies, building deep client relationships in Hollywood, and integrating cutting-edge technologies like AI and real-time rendering into the creative pipeline. By leveraging Adrian’s expertise and network, BFS and OOU will not only strengthen their collaborative presence in the US but also accelerate the integration of global creative and production capabilities into a seamless, end-to-end VFX powerhouse.

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