Tag: Business

New Delhi [India], August 6: This funding will enable iShots^TM to launch its initial product lines, conduct extensive product sampling, garner consumer acceptance and establish a robust and scalable distribution channel comprising both online and offline.

iShots Beverages Pvt. Ltd., an emerging leader in the Indian Functional Nutrition space, announced the successful closure of its pre-seed funding round, raising a total of Rs. 2 Crores. The company seeks to revolutionize the functional beverages landscape in India by blending nutrition, innovation and flavor with a deep understanding of evolving consumer trends including growing health awareness, clean label movement and the need to balance health benefits with great flavor.

iShots^TM proprietary product line comprises functional wellness shots and fizzies, functional energy drinks, functional prebiotic + probiotic drinks that operate under its iShots^TM and Delulu^TM brand names. It plans to bring several firsts to the market including highly bioavailable liquid nutrition shots and herb infused carbonated drinks to support anti-aging, weight management, endurance, stress and mood management. All of the company’s products are Zero Sugar, Zero Calorie and made with curated and completely natural ingredients including Superfoods, Herbs, Vitamins & Minerals.

The company was founded in Mar this year by Ms. Nidhi Saxena, a 3X entrepreneur alongwith a team of Co-Founders including Food Technologists, Clinical Experts, and Seasoned Marketers. Nidhi had earlier successfully exited Karmic Lifesciences, her maiden venture. The pre-seed round drew participation from a group of angel investors in India and the US, all of whom recognized the immense potential and disruptive capabilities of iShots Beverages. This strategic injection of capital will be instrumental in accelerating the company’s mission to introduce unique, health-focused, and sustainable nutrition options to a diverse and growing Indian market.

“This funding round happens at a most opportune time when we are preparing to launch our first SKUs into the market,” said Ms. Nidhi Saxena, Founder & MD at iShots Beverages Pvt. Ltd. “The quick closure of this funding round within a month validates our vision. While we are not in a hurry to raise more funds, we will be looking for a larger Pre-Series round post product launch and seeing some on ground traction.”

Added Shrikant Gaikwad, the Chief Operating Officer of the company, “We took just 5 months to get our full product line-up and formulations ready and set-up the logistics backend. We are excited about going live shortly and hope to play big in this space as we scale.”

The Indian Packaged F&B Industry is a $220 Bn+ market growing at 8-10% CAGR. Within this, Packaged Health F&B is identified as a $10 Bn growing at a CAGR of 8.1% (2024) and projected to grow to $68.4 Bn by 2030 thereby presenting an exciting opportunity for agile startups like iShots Beverages. iShots Beverages Pvt. Ltd. is uniquely positioned to capitalize on this trend, thanks to its innovative approach and nimble operating model. The company’s focus on ingredient transparency, authentic flavors, and nutritional value alongwith a quirky brand positioning sets it apart from conventional beverage brands.

Contact Information

For media inquiries, partnership opportunities, or more information about iShots Beverages Pvt. Ltd. and its recent funding round, please contact:

Media Relations

iShots Beverages Pvt. Ltd.

Email: communications@ishotslife.com

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Mumbai (Maharashtra) [India], August 7:  Pantomath Capital today announced the appointment of Kamraj Singh Negi as MD & CEO (Investment Banking). Kamraj joins from DAM Capital, along with his core team, including Siddharth Shah and Sharad Dhariwal. Notably, all three were part of the senior leadership at DAM Capital prior to this transition. This strategic leadership expansion further strengthens Pantomath Capital’s deep commitment to catalysing the growth of India’s most promising businesses.

Pantomath Capital, part of the Pantomath Group, which houses a large Pre-IPO fund, Mutual Fund, Retail broking and other financial services, is a leading investment bank for mid-market enterprises, with over 150 successfully closed transactions across IPOs, private equity, M&A, and structured solutions. It prides itself in taking companies public that traditional investment banks often overlook—leading high-conviction mandates that contribute to the theme of nation building. As the sole banker in several IPOs, Pantomath Capital has built institutional participation from the ground up, earning a reputation for spotting asset-backed, scalable companies early on — those emerging from Tier 2 & Tier 3 cities and beyond. As an organisation, it has consistently backed growth stories outside traditional metro hubs.

Kamraj brings over two decades of experience in the capital market, M&A, and institutional leadership. He was most recently Managing Director – Investment Banking at DAM Capital, where he led several marquee transactions across sectors. Prior to that, he held senior roles at IDFC Securities, IDFC First Bank, Vodafone Idea, and other established institutions. Well-regarded for his strategic clarity and decisive execution, Kamraj’s transaction expertise spans telecom, media, internet, retail, FMCG, and financial services.

Siddharth and Sharad bring over two decades of investment banking experience each, in leading organisations like Enam Securities, Axis Capital, amongst others, having led large and complex transactions across ECM, M&A, private equity, and strategic advisory. They have advised leading corporates and financial sponsors on both buy-side and sell-side mandates, capital market transactions and long-term capital strategies. Their strong client relationships make them instrumental in managing high-value mandates. Both will take on senior leadership roles at Pantomath Capital as Managing Directors.

“Pantomath Capital is a fast-growing institution that truly understands the potential and growth ambitions of companies from Tier 2, Tier 3 cities and beyond — the real builders of Bharat. It stands out as a prominent investment bank in India with entrepreneurial DNA, deep-rooted promoter access, and the proven ability to convert relationships into meaningful capital market outcomes. The volume and quality of transactions at Pantomath Capital are testament to that,” remarked Kamraj Negi, MD & CEO (Investment Banking), Pantomath Capital.

“Pantomath Capital stands out for its sharp execution focus and ability to identify scalable businesses ahead of the curve,” said Siddharth Shah, MD (ECM), Pantomath Capital and  Sharad Dhariwal, MD (ECM), Pantomath Capital, in a joint statement. “We are excited to join, and proud to be part of a team that’s redefining what investment banking can mean for Bharat.”

“This is not just a leadership hire—it’s a significant step forward in our long-term commitment to scale with quality,” said Mahavir Lunawat, Founder, Pantomath Capital. “With Kamraj, Siddharth, and Sharad joining us, we are bringing in a high-calibre leadership team with a proven track record in capital raise and Advisory. Pantomath Capital already has a strong, execution-led investment banking team with deep sectoral expertise. Backed by a robust and growing pipeline of domestic and cross-border mandates, we are now well-positioned for the next phase of strategic expansion. Our focus remains unwavering — to partner with high-growth companies, champion the Make in India mission, and enable inclusive wealth creation for discerning investors.”

As India’s mid-market opportunity accelerates, Pantomath Capital continues to lead with institutional rigour, strategic depth, and a focused mission—unlocking value where a few are looking, and delivering outcomes that stand apart.

About Pantomath Capital:

Pantomath Capital Advisors Private Limited is the investment banking arm of the Pantomath Group, known for its discovery-led approach to capital formation and deep alignment with founder-driven enterprises. As a SEBI-registered Category I Merchant Banker, the company has built a reputation for precision-led execution across IPOs, QIPs, private placements, and M&A. Pantomath Capital is among the most active and trusted investment banker to mid-market companies. With a sector-agnostic approach backed by proprietary research, regulatory clarity, and capital markets expertise, it plays an active role i India’s public market ecosystem—not just as facilitators, but as long-term capital architects.

About Pantomath Group:

India’s most integrated & fastest growing mid-market financial services group  

Built for Bharat & Beyond

Pantomath Group is a diversified financial institution built on the conviction that capital, when deployed with insight and intent, can shape enduring institutions and catalyse meaningful economic progress. Founded by Mahavir Lunawat and Madhu Lunawat, the Group brings together institutional discipline with entrepreneurial drive. Pantomath has evolved into a full-spectrum capital powerhouse spanning investment banking, asset management, retail and institutional participation, and digital capital infrastructure. Headquartered in Mumbai with pan-India operations and a regulated presence at GIFT City through The Wealth Company, and a growing global footprint across USA, Singapore & UAE.

For more info: www.pantomathgroup.com

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Ahmedabad (Gujarat) [India], August 7: Narmada Agrobase Limited (BSE: 543643, NSE: NARMADA), one of the leading players in the manufacturing of cattle feed and agro-based byproducts, announced its Unaudited Financial Results for Q1 FY26.

Key Financial Highlights of Q1 FY26

• Total Income: ₹1,141.34 lakhs
• EBITDA: ₹165.10 lakhs, QoQ growth of 82.01%
• EBITDA Margin: 14.47%, expansion of 1140 bps
• Net Profit (PAT): ₹101.90 lakhs, QoQ growth of 30.98%
• Net Profit Margin: 8.93%, expansion of 630 bps

Commenting on the performance, Mr Neeraj Agrawal, Chairman & Managing Director of Narmada Agrobase Limited said, “Our continued focus on delivering superior quality products has enabled us to strengthen profitability, with EBITDA margins expanding by 1140 basis points QoQ to 14.47% in Q1 FY26. This performance reflects our commitment to operational excellence and product consistency, with total income of ₹1,141.34 lakhs in the quarter. Despite this, we maintained enhanced margins, underscoring the resilience of our business and the effectiveness of our quality-first strategy.

Our continued emphasis on producing high-quality, cottonseed-based cattle feed and allied products has helped us maintain customer trust and market relevance. As an ISO certified organization, we remain committed to upholding stringent quality standards and ensuring consistent product delivery across geographies.

We are strategically positioning the Company for its next phase of growth. With plans underway to expand into Asia-Pacific markets and further optimise our operations, we are confident in our ability to unlock long-term value for stakeholders.”

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Surat (Gujarat) [India], August 7: You could say it started like any other Tuesday in Surat – buzzing traffic, hurried tea breaks, and a steady pre-Diwali pace. But step inside the sprawling venue of the Progress Alliance Mega Business Meet 2025, and you’d feel something different in the air. Not just the usual optimism – but urgency.

Over 1,700 business owners and entrepreneurs from across Gujarat weren’t there for small talk. They came with a purpose: to regroup, rethink, and recharge – especially in light of the recently imposed 25% US tariff on Indian exports. It’s not the kind of news that MSMEs can afford to ignore during a make-or-break festive season.

And yet, the room didn’t feel worried. It felt awake.

A Setback or a Setup for a Comeback?

That was the question hanging in the air, even if no one asked it out loud.

Kamal Deora, the founder of Progress Alliance, didn’t sugarcoat the situation. “Yes, the tariffs are going to sting,” he admitted, pausing before adding, “But they also remind us what self-reliance really means.”

Referencing Prime Minister Modi’s Atmanirbhar Bharat and Swadeshi push, Deora called for a redoubled focus on Indian-made products, stronger local networks, and smart digital adoption. The applause wasn’t thunderous – it was thoughtful. It came from people who understood that patriotism isn’t a slogan when you’re running a business. It’s a choice made in sourcing, pricing, hiring, and delivering.

Strategising for Diwali: Less Panic, More Planning

With Diwali around the corner, most participants didn’t have the luxury of delay. They dove straight into brainstorming – how to adjust product lines, manage costs, and tap into local markets if export pipelines get choked.

The event’s heartbeat was in its B2B meeting rounds, where deals were discussed and partnerships shaped over handshakes and cutting chai. Some spoke of shifting focus to domestic orders. Others floated the idea of joint ventures for shared logistics.

One dry fruit exporter from Rajkot summed it up in a sentence: “If America sneezes, we learn to carry an umbrella.”

It was also refreshing to see women entrepreneurs and first-gen business owners taking center stage. Separate sessions were held on digital marketing, branding, and leadership – not in theory, but grounded in hard-earned stories. One young participant from Ahmedabad shared how Instagram Reels helped her textile business grow by 220% in just eight months. Her phone buzzed through the session with live customer pings.

A Platform That’s More Than Just a Network

The Progress Alliance isn’t your typical business group with surface-level greetings and vague promises. Founded in 2014, it has grown into a 5,000-member strong community across 13 cities. But more than numbers, what stands out is how hands-on their approach is.

From debt recovery support (₹400 crore and counting) to facilitating ₹2,000 crore worth of loan repayments, their model is action-oriented. In fact, many MSMEs credit the platform for helping them survive not just market swings, but personal crises – unpaid invoices, sudden liquidity crunches, and unscalable sales models.

Their programs have quirky names but serious intent:

• Shikhar helps members master the sales game
  
• Yoddha focuses on team training
  
• Vandan honours parents in business families
  
• Udaan is designed just for teens – because why wait to build leaders?
  

These initiatives aren’t an afterthought. They’re what keep the engine running between big meetings like this one.

What Comes Next? Building, Not Bracing

It’s tempting to wrap up a meet like this with big promises or punchlines. But that’s not how this crowd operates.

As people stepped out – some onto overnight trains back to Vadodara, others to WhatsApp catch-ups with teams – there was a shared understanding. The game has changed. Global policies can throw punches, but India’s entrepreneurs have never relied solely on perfect conditions.

“If there’s a tariff, we adjust,” one manufacturer shrugged. “If there’s demand, we deliver. And if there’s a challenge, we do what Gujarat’s always done – we adapt, and we move.”

That may not sound dramatic. But it’s exactly the kind of grounded grit that will define the festive season ahead – and the long road beyond it.

Agra (Uttar Pradesh) [India], August 6: In today’s fast-paced fashion world, where trends dominate and quality often fades, Hautton stands firm as a brand built on timeless values. With a focus on refined elegance, premium craftsmanship, and thoughtful design, Hautton delivers men’s and women’s lifestyle products that go beyond style—they offer identity.

Founded by entrepreneur Kushal Taneja, Hautton was created with a single belief: true luxury doesn’t shout—it whispers with impact. Under Prak Overseas, and promoted via Prakonlinestores, the brand reflects a quiet revolution in fashion. It is for those who aim to lead, not follow.

The Digital-First Vision

Hautton is proudly digital-first. In an era where many still depend on traditional retail, Hautton believes in the power of online selling, giving customers easy access to premium products across India and beyond. The brand thrives on quality, service, and consistency rather than retail flashiness.

Its digital presence through www.prakonlinestores.com and social media (@prakonlinestores) has built a loyal audience of style-conscious customers who value authenticity.

Genuine Leather at Its Finest

Hautton’s strength lies in its exceptional use of premium genuine leather. From footwear to bags and accessories, every product is designed to last, both in style and structure. The leather is carefully sourced, ethically processed, and handcrafted by skilled artisans to meet international standards.

Footwear That Walks the Talk

Hautton’s shoe collection is a cornerstone of the brand. Whether you’re dressing for business or leisure, Hautton offers leather shoes that fit the lifestyle of the modern man.

    •    Formal Shoes: Sleek, polished, and office-ready.

    •    Loafers & Casuals: Ideal for off-duty refinement.

    •    Leather Sandals & Slippers: Made for everyday comfort with an elegant edge.

    •    Boots: Durable, stylish, and versatile.

Each pair is built with cushioned insoles, fine soles, and breathable materials—crafted for both function and flair.

Bags with Purpose and Personality

Hautton’s range of leather bags combines utility with premium aesthetics. Whether you’re commuting to work or heading on a weekend trip, these bags make a lasting impression.

For Men:

    •    Laptop Bags: Sleek and spacious for professionals.

    •    Messenger Bags: Practical and modern.

    •    Travel Duffels: Smart and sturdy for short trips.

    •    Crossbody Bags: Minimal and mobile.

For Women:

    •    Handbags: Sophisticated yet functional.

    •    Tote Bags: Spacious, stylish, and multi-use.

    •    Slings & Clutches: For everyday or occasion wear.

All bags reflect attention to detail with high-quality zippers, elegant interiors, and durable finishes.

Accessories That Complete the Look

Hautton began with wallets and belts and continues to excel in these categories. These essentials are far from basic—they’re thoughtful, stylish, and built to last.

    •    Wallets: Bi-folds, tri-folds, and zip wallets with RFID safety.

    •    Belts: Formal, casual, reversible—crafted in genuine leather with refined buckles.

Each product is slim, practical, and symbolic of the brand’s core philosophy: elegance without excess.

Design Meets Responsibility

Hautton takes pride in combining fashion with values. All products are designed in India and made using eco-conscious, cruelty-free methods. Packaging is minimal and recyclable. The brand stands by slow fashion, aiming for sustainability rather than mass production.

Hautton isn’t just offering products—it’s offering a better way to consume fashion, where quality replaces quantity, and longevity replaces trends.

Made in India, Designed for the World

Hautton proudly carries the ‘Made in India’ tag. But the design language is global—balancing traditional Indian craftsmanship with modern European aesthetics. The brand has positioned itself to appeal not just to Indian consumers, but also to global buyers who appreciate heritage merged with innovation.

With growing interest from international markets, Hautton is preparing to scale its presence beyond India through cross-border e-commerce and curated global campaigns.

The Hautton Man & Woman

Hautton doesn’t cater to a mass audience. It caters to the few who understand what it means to be well-dressed without being loud. Whether it’s a man heading to a boardroom or a woman walking into a brunch meeting, Hautton products support their presence.

These are professionals, creators, thinkers—people who value quality and show it not through labels, but through detail and taste.

Founder’s Vision: Kushal Taneja

Hautton’s steady rise is rooted in the vision of Kushal Taneja, a businessman, content creator, and brand strategist. With his belief in long-term trust over short-term hype, he has positioned Hautton as a brand of consistency, dignity, and digital strength.

Kushal says:

“Hautton is about creating products that become part of someone’s daily life, without losing meaning or charm. We’re here to build a quiet legacy, not chase noise.”

His hands-on leadership ensures that every product, campaign, and customer experience aligns with Hautton’s philosophy.

Customer-Centric, Always

From design to delivery, Hautton puts customers first. The brand offers:

    •    Fast, reliable shipping across India

    •    Responsive customer support

    •    Easy returns and replacements

    •    Ongoing product innovations based on feedback

Hautton isn’t a distant brand—it listens, adapts, and evolves with its audience.

What’s Next for Hautton

Hautton is growing responsibly, with exciting launches ahead:

    •    Hautton Luxe: Limited edition leather goods

    •    Personalized accessories: Custom initials, finishes

    •    Grooming line for men (under development)

    •    Ethnic-modern fusion designs with Indian artisans

    •    International availability via select platforms

These steps aim to deepen customer loyalty and expand Hautton’s impact globally.

In Conclusion: Hautton Is a Lifestyle, Not a Label

Hautton stands for more than fashion. It stands for self-respect, quiet confidence, and lasting impression. For those who understand that real luxury is how something makes you feel—not just how it looks—Hautton is not just a brand, it’s a way of living.

Explore the Collection

? Website: www.prakonlinestores.com

? Instagram: @prakonlinestores

? For Press – hautton.prakonlinestores@gmail.com

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New Delhi [India], August 7:  iCODEX Publishing Solutions, company engaged in the business of Software Product Development for Scholarly Publishing, is planning to raise up to Rs. 42.03 crore from its SME public issue. The company has received approval to launch its public issue on SME Platform of the Bombay Stock Exchange. The public issue opens for subscription on August 11 and closes on August 13. The Proceeds of the public issue will be utilised towards purchase of new office premises and hardware, for working capital requirements, for general corporate purposes and offer for sale. Indcap Advisors Private Limited is the sole book-running lead manager of the issue.

Highlights:-

• Issue opens for subscription from August 11 to August 13
• The company is engaged in the business of Software Product Development for Scholarly Publishing
• Minimum lot size for application is 2400 shares; Minimum IPO application amount is Rs. 2.35 lakh on lower side of the price band
• For FY24-25 company reported revenue of Rs. 22.08 crore and Net Profit of Rs. 8.96 crore
• Indcap Advisors Pvt. Ltd. is the book-running lead manager of the issue

The initial public offering of up to 41,20,800 equity shares of face value Rs. 10 each comprises of fresh issue of up to 31,89,600 equity shares and an offer for sale of up to 7,24,800 equity shares. Balance 2,06,400 equity shares are reserved for Market Maker. Company has fixed price band of Rs. 98-102 per equity share for the public issue. With the lot size of 1200 shares, the minimum lot size for retail investors is 2400 shares, amounting to a minimum investment of Rs. 2,35,200 at lower price band and at Rs. 2,44,800 at higher price band. The minimum lot size investment for HNI is 3 lots (3600 shares), amounting to Rs 3,67,200 at cap price. Shareholding will increase from 1,22,41,020 shares pre-issue to 1,56,37,020 shares post-issue.

The company plans to utilise the fund towards various purposes. Rs 16.70 crores will be utilised towards the purchase of new office premises, whereas Rs 1.12 crores will be utilized to purchase hardware for new office. Rs 5.20 crores will be spent on Working Capital Requirement. Incorporated in 2018, iCODEX Publishing Solutions Limited is engaged in the business of Software Product Development for Scholarly Publishing.

The company develops software products that assist in publishing research papers and academic articles, supporting the entire process from manuscript preparation to print and digital content distribution.

The company offers Business Process Management services, including quality assurance, editorial services, and back-end support, to assist global publishing clients throughout the publishing process. The company offers IT support services which includes installation of all kinds of hardware and peripherals and back-end support.

The company has strong expertise in the publishing domain and is led by an experienced team. It has built strong customer relationships and offers complete publishing solutions. The company’s business is driven by technology, making its services efficient and reliable.

As of June 30, 2025, the company has 116 employees.

Business Highlights:-

The company’s revenue from operations for the Fiscal 2025 & Fiscal 2024, respectively, was Rs. 21.87 crores & Rs. 10.40 crores, a Y-o-Y increase of 110%. EBIDTA for Fiscal 2025 & Fiscal 2024 was Rs. 13.43 crore & Rs. 4.26 crore respectively. Profit after tax for the Fiscal 2025 & Fiscal 2024 was Rs. 8.96 crore and Rs. 4.40 crore respectively, a Y-o-Y rise of 104%. The company’s PAT Margin was 40.56% and EBITDA Margin was 61.39% for FY25.

As of March 2025, the Net Worth of the company was reported at Rs. 19.05 crore. As of March 2025, the ROE of the company was 47.51%, ROCE at 110.07% and RoNW at 47.02%. Shares of the company will be listed on the BSE SME platform.

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Mumbai (Maharashtra) [India], August 7: Asahi India Glass Ltd. (AIS), India’s leading integrated glass and window solutions company, is proud to announce the launch of the 7th edition of its national-level design competition -AIS Design Olympiad (ADO) 2025–26. It is open to architecture students across institutions in India. With registrations now open, ADO continues to serve as a dynamic platform for the next generation of architects to showcase their creativity and vision.

In line with its mission to bridge the gap between academic learning and professional practice, ADO 7.0 invites architecture students across India to reimagine the modern workplace through the lens of sustainability and innovation. This year’s theme – “Designing Sustainable Façades for Smarter, Greener Workspaces” – challenges students to design intelligent building façades that enhance performance, support occupant well-being, and adapt to the evolving environmental landscape.

The competition is open to undergraduate students from the 3rd to 5th year of all architectural colleges in India.

Speaking about the initiative, Mr. Vikram Khanna, COO – Consumer Glass & Architectural Institutional Business and CMO – AIS, said, “At AIS, we recognize the growing importance of sustainable design, and through ADO 7.0, we aim to instil this consciousness among future architects. Participants are encouraged to explore new materials, advanced construction techniques, and emerging technologies—pushing the boundaries of conventional design to create efficient, future-ready structures. This competition is not just about design excellence; it’s about fostering an understanding of responsible building practices, technical precision, and human-centric innovation.’’

Curated by acclaimed architects Ar. Vivek Bhole, Principal, Vivek Bhole Architects Pvt. Ltd. (VBA), Mumbai. and Ar. Karl Wadia, Design Principal, Hafeez Contractor, Mumbai, who also serve as national jury members, ADO follows a rigorous multi-stage evaluation process. Every entry is reviewed by a distinguished panel comprising some of India’s most respected architects at both regional and national levels. Beyond competition, ADO is a holistic learning experience – students gain valuable mentorship from industry leaders and develop an early understanding of real-world architectural challenges.

Ar. Vivek Bhole, remarked, “Architecture has the profound ability to shape the way we live, work, and interact with the world around us. In the face of climate urgency and evolving work culture, the responsibility of architects extends beyond form and function—it is about creating regenerative spaces that inspire and perform. ADO 7.0 inspires the students to challenge conventional boundaries, rethink façades as more than enclosures, and design them in a manner that fosters collaboration, creativity, and sustainability.”

Ar. Karl Wadia, added, “A truly net-zero green workspace is more than just an efficient shell – it is a living, breathing ecosystem that nurtures innovation, well-being, and sustainability. As architects, we have the power to redefine façades — transforming them from static envelopes into dynamic contributors to energy efficiency, daylight optimization, and user comfort. With ADO 7.0, students of architecture step into the future, embracing new possibilities to create workspaces that don’t just function — they inspire.’’

Registrations close on 30th November 2025.

For complete details and to register, visit: www.aisglass.com/ado

About Asahi Glass India (AIS)

AIS is India’s leading integrated glass and windows solutions company. It provides end-to-end solutions to the customers right from manufacturing, processing, fabrication and installation. It is a sand-to-solutions organization offering varied glass products and solutions for the industrial as well as end customers in the domestic and international markets. AIS strictly adheres to the stringent quality norms of both the global and domestic OEMs and follows all Indian and International quality standards.

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New Delhi [India], August 7: Mohan Electro Casting, under the Aegis of Mr. Anshul Garg Mohan, has launched a heartfelt Corporate Social Responsibility (CSR) initiative aimed at supporting the education and well-being of young girls in Delhi. The company has distributed 600 warm sweaters along with pairs of socks to 600 girls studying in Delhi government schools.

This impactful initiative was carried out in collaboration with The Akshaya Patra Foundation, a nationwide organization dedicated to addressing child hunger and promoting education.

The distribution event took place earlier this week, ensuring that these young students are better prepared to face the chilly winter months ahead. By providing essential winter clothing, Mohan Electro Casting is not only helping to keep these girls warm but also encouraging their continued attendance and participation in school. This effort aligns closely with the company’s commitment to giving back to the community and supporting the education of underprivileged children.

Anshul Garg Mohan, the driving force behind this initiative, said, “At Mohan Electro Casting, we believe that education is the cornerstone of a better future. By partnering with The Akshaya Patra Foundation, we hope to remove barriers that prevent children from learning comfortably. Distributing sweaters and socks is a small gesture, but it can make a big difference in a child’s life, especially during the cold season. We are proud to contribute to nurturing the next generation of leaders and changemakers.”

The Akshaya Patra Foundation expressed gratitude for the support, emphasizing that such collaborations are vital in their mission to provide a conducive environment for children’s education and growth. This initiative marks another step forward in Mohan Electro Casting’s ongoing CSR programs, reflecting its dedication to social responsibility and community empowerment.

About Mohan Electro-Casting Private Limited:

Mohan Electro Casting is a leading manufacturer & engineering company specializing in high quality Heavy Steel Casting products. Committed to innovation, excellence, and community welfare, the company actively engages in CSR efforts to uplift society and foster sustainable development.

About The Akshaya Patra Foundation:

The Akshaya Patra Foundation is a non-profit organization committed to eliminating classroom hunger by providing nutritious mid-day meals to millions of children across India, thereby supporting education and health.

For further event pictures. Follow the Link:

https://www.mepl-mmw.com/support-the-delhi-govt-school-girls-students.php

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Mumbai (Maharashtra) [India], August 7: Manzil Asset Management , which manages over $500 million in global real estate assets, successfully hosted the inaugural edition of Manzil Majlis—a private UAE-focused investment summit—on August 2, 2025, at The Bay Club, BKC, Mumbai.

Unlike traditional real estate expos, Manzil Majlis is positioned as a closed-door, education-first initiative, bringing together a carefully curated audience of over 250 attendees. The summit featured a unique mix of Indian UHNIs, HNIs, family offices, venture capitalists, private equity partners, wealth advisors, and entrepreneurs, offering a strategic platform to decode the evolving dynamics of investing in Dubai’s real estate and business ecosystem.

Departing from transactional showcases, the event featured in-depth, closed-circle sessions with senior policymakers from Dubai, international legal and tax experts, and top-tier developers including Damac, Binghatti, and One Development. Notably, over 15 developers from Mumbai and Pune also attended, exploring opportunities to scale their operations into the UAE market.

The summit emphasized practical frameworks for international investment, focusing on five key themes:

• Understanding Dubai’s rental yield cycles and resale market
• Golden Visa eligibility and long-term migration strategies
• Legal structuring using SPVs and international holding companies
• Leveraging India’s LRS (Liberalised Remittance Scheme)
• Accessing fractional ownership, distressed assets, and off-market deals

The speaker roster featured notable names such as: Saagar Panchal, CEO & Founder, Manzil Asset Management; Sanjay Manchanda, former CEO of Nakheel; Ashish Mehta, Legal expert and Managing Partner, Ashish Mehta & Associates; CA Sarthak Ahuja, CFO, Author & Leading Financial Expert; Prateek Tosniwal, international tax and structuring advisor; Pratik Singh, GM, Manzil Asset Management; Cornelia Pintilie, CSO, Manzil Asset Management; Rashed Al-Tamimi, Director, Investment Sales & Partnerships;  Chintan Vasani, Director at B D Vasani & Co. and Rajat Kaura, Creative Director, Manzil Asset Management.

According to Saagar Panchal, the vision for Manzil Majlis is long-term. “This is not a one-time gathering. Manzil Majlis is the entry point to a larger Manzil UAE Investment Circle—a private community that facilitates verified deal flow, migration services, and custom investment advisory for Indian capital looking to expand abroad.”

Highlighting comparative returns, he noted, “A Rs.2 crore property in Mumbai may offer Rs.4 lakh in annual rental income, while the same amount invested in Dubai often yields Rs.10–12 lakh annually—without the burden of direct taxation.”

Legal and tax experts at the summit addressed structural bottlenecks that have historically limited Indian investor access to global real estate markets. Prateek Tosniwal, International Tax Consultant, stated that the event is expected to generate investment commitments upwards of Rs.250 crore in Dubai over the coming months.

Rajat Kaura, Creative Director & Brand Advisor, Manzil Asset Management stated, “Manzil Majlis is the opportunity to be a part of an exclusive investment inner circle. It’s where discerning investors meet real data-centric strategy. For UHNIs, it’s a chance to tap into Dubai’s next wave of growth aligned to the growth strategy of the UAE. For us, it’s the start of building an IP that rewrites the playbook, where education, access, and asset intelligence converge. This isn’t hype. It’s legacy in motion.”

The broader investment sentiment echoed optimism. With Dubai’s prime real estate zones showing 20–30% year-on-year appreciation, and net tax-free rental yields between 7–10%, Indian investors are increasingly seeking institutional guidance for global portfolio diversification.

Speaking at the event, Cornelia Pintilie emphasized Dubai’s infrastructural growth, pointing to the new airport zone, upcoming economic hubs, and strong education ecosystem as catalysts for sustainable real estate demand. “Our model offers full-spectrum portfolio management—from asset selection and due diligence to post-possession rental support.”

Rashed Al-Tamimi highlighted Dubai’s safe environment, strong logistics, and welcoming business policies as key drivers for Indian interest. “We see Indian investors as partners in our long-term vision for regional growth,” he said.

Despite rising interest, experts cautioned that reliable advisory, transparency, and long-term servicing remain critical to capital deployment in overseas markets. Manzil Majlis aims to bridge this trust gap through a neutral, insights-driven format, equipping investors with not just options—but the right questions to ask and frameworks to adopt.

For additional details and upcoming initiatives, visit www.manzil.am

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Mumbai (Maharashtra) [India], August 7: Veefin Solutions Limited (BSE: VEEFIN | 543931), a leading global provider of working capital technology solutions, today announced that its Board has granted in-principle approval for the consolidation of its subsidiaries, Estorifi Solutions Limited (“Estorifi”) and GlobeTF Solutions Limited (“GlobeTF”), with the parent company by way of merger or such other means.

This marks a significant milestone in Veefin’s mission to create the world’s most comprehensive and scalable working capital technology platform. The move will bring all core product verticals—embedded finance, trade finance, digital lending, and cash management—under one integrated umbrella.

Creating Synergies Across a Unified Platform

Over the last year, Veefin has built a robust and interoperable financial ecosystem through organic growth and strategic acquisitions. Each business now complements the other, forming an end-to-end technology stack for financial institutions and corporates:

• Estorifi (operating PSBXchange) connects Corporates and SMEs onfintechs, marketplaces, and other non-financial platforms for their SCF, Trade finance and working capital needs to multiple Banks and NBFCs. This unified platform is a global-first, and will act as the common technology bridge for financial institutions.

• GlobeTF enhances Veefin’s capabilities by integrating transaction banking solutions, including trade finance and cash management, into a comprehensive transaction banking suite.

• Together, they complete Veefin’s vision of a modular, API-first infrastructure that supports the entire working capital lifecycle – from loan origination to collections, and from invoice automation to risk monitoring.

Speaking on the announcement, Mr. Raja Debnath, Chairman & Managing Director of Veefin Solutions Limited, said: “This consolidation marks a natural progression in our journey to build the world’s most comprehensive and scalable working capital platform. It simplifies our corporate structure and accelerates our long-term vision of creating the largest global working capital ecosystem. A unified structure empowers us to execute strategic priorities more efficiently – be it expanding recurring revenues, entering new markets, or unlocking cross-sell and upsell opportunities across our client base – ultimately reducing customer acquisition costs and increase in revenue”

Mr. Gautam Udani, COO & Whole-Time Director, added: “This proposed consolidation will unlock operating leverage and significantly enhance our product proposition. It gives us the agility to innovate faster, offer bundled solutions across supply chain, trade and embedded finance, and deliver a truly seamless experience to our clients.”

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