Tag: Business

New Delhi [India], June 27: A new generation of visionary founders under 40 is rewriting the rules of innovation across industries—from AI and climate tech to health, finance, and fashion. These entrepreneurs blend purpose with profitability, scaling startups that address real-world problems with cutting-edge solutions. Whether revolutionizing mobility, redefining sustainable fashion, or transforming access to healthcare, these dynamic leaders are pushing boundaries and attracting global attention. Their fearless approach, digital-first thinking, and commitment to impact make them the trailblazers to watch as they shape the future of business and society. The next big thing is already in motion.

Kunal Maheshwari, Chief Growth Officer & Co-Founder of Softlink Global

Kunal Maheshwari is the Chief Growth Officer and Co-founder at Softlink Global, the company behind Logi-Sys—the most technologically advanced and easy-to-use connected ERP platform for freight and logistics. Driving global expansion across the Americas, Africa, and Southeast Asia, Kunal is leading Softlink’s transformation into the world’s most valuable freight technology company. Trusted by over 10,000 logistics businesses in 50+ countries, Logi-Sys is reshaping how freight forwarders manage operations, finance, and compliance with unmatched simplicity and intelligence. Kunal combines product vision with customer empathy, focusing on scalable innovation, intuitive design, and deep automation, making him one of the top young leaders powering the next wave of global logistics disruption.

Dr. Vassundara Nattes, Founder of Aeliuscity HR Solutions Pvt Ltd

Dr. Vassundara Nattes is a trailblazing first-generation tech entrepreneur with over 16 years of expertise in industry leadership, business development, and performance marketing. An engineering graduate and rank holder from Anna University, she is the Founder and Managing Director of Aeliuscity HR Solutions Pvt Ltd.

Her leadership extends across global platforms as the Global Director at the Indian Economic Trade Organization (IETO), Strategic Advisor and Partner at Freedygo, and Director at both the India-EU and India-Africa Trade Councils. Dr. Nattes has been recognized for her remarkable contributions with prestigious honors, including Forbes India 40 Under 40 and the Dadasaheb Phalke Award.

A TEDx speaker and multi-faceted personality, she is also a trained classical artist, a passionate athlete, and an active social advocate committed to community development and women empowerment.

Valencio Rodrigues, Founder of Ride91

Mission: Decarbonising Bharat

He left behind the calm of Goa to build in the heat of Ahmedabad — not for comfort, but for change. With no funding and no safety net, Valencio Rodrigues started Ride91 on belief alone.

Belief that India’s streets can be electric. That drivers deserve future security. That courage can build what capital cannot.

Ride91 is still small, but every ride is a step toward a cleaner, fairer Bharat.

Ride91 is the future. It’s the startup India needs to succeed — and it’s up to all of us to make it happen. For Bharat.

Himanshu Kedia, Founder of Mansa Automation

Himanshu Kedia, founder of Mansa Automation, is a visionary entrepreneur reshaping the electric vehicle (EV) landscape. Alongside co-founder Sahil Kedia, he built a vast network of 150+ showrooms across India. In 2024, a factory fire destroyed years of work, but Himanshu’s resilience turned the crisis into an opportunity. Within six months, he rebuilt operations and scaled monthly sales from 10 to over 1,000 scooters. His journey reflects the true spirit of entrepreneurship: driven by purpose, patience, and belief. A curious and committed engineer at heart, Himanshu is passionate about developing impactful products that serve both society and the environment.

Virkaran Singh, Founder of It’s Spotlight

At the forefront of innovation in outdoor advertising, It’s Spotlight is redefining how brands connect with urban audiences. Launched by 23-year-old entrepreneur Virkaran Singh, the AI-powered DOOH startup made a bold debut by taking over digital screens at CP.67 Mall, Punjab. With real-time analytics, audience insights, and dynamic creative adaptation, It’s Spotlight turns every screen into an intelligent, interactive brand experience. From QR-based engagement to measurable impressions, the platform offers brands unmatched precision and transparency. Backed by Virkaran’s creative leadership and a vision for smarter media, It’s Spotlight is set to expand across high-footfall urban hubs through 2025 and beyond.

Esha Shah Vora, Co-Founder & Creative Director of Maisha Lifestyle

Esha Shah Vora is the Co-Founder and Creative Director of Maisha Lifestyle, an Ahmedabad-based accessory brand known for its eco-friendly handbags and bohemian designs. Passionate about sustainability and innovation, Esha leads Maisha in creating handcrafted products made from cotton, jute, and minimal vegan leather, supporting local artisans and traditional weaving techniques. Her efforts to blend style with purpose have earned recognition in Elle India, YourStory, Mashable India, and PinkVilla, along with podcast features. Through Maisha, Esha inspires small businesses to harness their potential while championing ethical fashion and conscious consumerism in India’s evolving retail landscape.

Shreedha Singh, Founder & CEO of The Ayurveda Co

After battling a chronic skin condition for nearly four years with little relief from modern medicine, Shreedha Singh found lasting healing through Ayurveda in just six months. This life-changing experience led her, along with Param, to launch Khadi Essentials in 2019 and later The Ayurveda Co. (T.A.C) to make Ayurveda a modern lifestyle choice. With a young, dynamic team of 60+ Tacstars, T.A.C is on a mission to bring Ayurveda into every Indian household. Guided by values of purity, innovation, and purpose, Shreedha champions shared growth, girl child education, and animal welfare—leading with curiosity, perfection, and heartfelt conviction.

Nidhi Gautam Tripathi, Chief Executive Officer of StyloBug

StyloBug is a fashion brand designed for adorable kids and the parents who lovingly chase comfort and style. From ethnic wear to casuals, party outfits, and accessories, StyloBug offers a wide range of children’s clothing crafted with the finest fabrics, elegant designs, and perfect fits without the heavy price tag. The brand believes that when kids feel good in what they wear, their joy is truly magical. As CEO, Nidhi Gautam Tripathi says, “Only a mother’s touch is more comfortable than our offerings.” At StyloBug, we don’t just dress kids we help parents create picture-perfect moments.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi [India], June 27: AVG Logistics Limited (BSE – 543910, NSE – AVG), a leading multimodal logistics solutions provider, is pleased to announce the successful inauguration of its Electric Vehicles (EVs) into operations at Tata Steel on June 23, 2025. This strategic initiative underscores AVG Logistics’ commitment to sustainable and environmentally responsible logistics solutions. 

The launch event, held at Tata Steel’s premises, marks a significant step in reducing carbon emissions and promoting eco-friendly transportation within the industrial logistics sector. The newly introduced electric fleet will be utilized for intra-plant and short-haul deliveries, contributing to Tata Steel’s and AVG’s shared vision for a greener future. 

With this launch, AVG Logistics continues to lead by example, driving transformation in logistics through digitalization, sustainability, and a customer-centric approach. We are proud to be the first movers in India to introduce 55-ton high-capacity electric trucks launched by TATA Motors in the year 2025 into commercial operations of AVG. It exemplifies our commitment to green mobility, innovation, and long-term carbon neutrality. The deployment of high-payload electric vehicles is also expected to contribute to boosting the company’s revenue by expanding service capabilities, improving operational efficiency, and aligning with the growing demand for green supply chain solutions across key industries.

Mr. Sanjay Gupta Managing Director & CEO, AVG Logistics Limited, said, “This milestone reinforces our pledge to sustainability and reliability; by deploying electric vehicles in collaboration with an esteemed partner like Tata Steel, we strive to set a benchmark for green logistics in India. This is just the beginning of a long-term vision where clean energy and efficient transportation go hand-in-hand.” 

 The introduction of EVs not only strengthens AVG Logistics’ commitment to innovation and responsible business practices but also sets the tone for an industry-wide shift towards greener supply chain solutions.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Mumbai (Maharashtra) [India], June 27: Established in May 2016, Silky Overseas Limited manufactures bedding essentials, specialising in blankets, bed sheets, and comforters. The company’s manufacturing process encompasses knitting, dyeing, processing, printing, and packaging all under one roof. The company is poised for its initial public offering (IPO), with plans to raise ₹ 30.68 crores through the issuance of 19.06 lakh new shares.

For its SME IPO, Silky Overseas Limited has established a price band of ₹ 153 to ₹ 161 per share. The company’s shares will open for subscription on June 30, 2025 and closes on July02, 2025. These will be listed on the NSE Emerge, with a projected listing date of Monday, July 07, 2025.

Gretex Corporate Services Limited is the book-running lead manager of the Silky Overseas IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Silky Overseas IPO is Gretex Share Broking Private Limited.

The issue proceeds will be utilized in Setting up of Additional Storage Facility, Pre-payment of Certain Debt Facilities, to meet working capital requirements and general corporate purposes.

Thursday, July 3, 2025, the shares for the Silky Overseas IPO are anticipated to be allotted, and on Friday, July 4, 2025, the shares will be credited to the demat account of the allottees. The IPO comprises 50% of the net issue for QIB, 35% for retail investors and 15% of the net issue for the NII segment.

Retail investors need to contribute a minimum of ₹ 1,28,800 considering the minimum lot size for an application is 800 shares. For HNIs, the minimum bidding size is two lots, or 1600 shares, for a total investment of ₹ 2,57,600 at the upper price band.

Silky Overseas Solutions Limited’s Total Revenue ₹70.26 Crores, EBITDA ₹11.01 Crores and PAT ₹5.53 Crores for the financial year ending with March 31, 2024. And the total revenue was recorded at ₹105.35 Crores, EBITDA ₹15.08 Crores and PAT was ₹9.17 Crores as on 31st January 2025.

The company sell its products under the brand name Rian Decor. Silky Overseas Limited operates manufacturing facilities in Gohana, Haryana, and produces textile products such as mink blankets, bed sheets, and comforters. Silky Overseas Limited offers a wide range of textile products, catering to domestic and international markets.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Mumbai (Maharashtra) [India], June 26: In a move that marries interactive storytelling with beverage innovation, Easy Boba, India’s fastest-growing bubble tea brand, has launched Riddler’s Saturday — a weekly Instagram-based riddle challenge designed to engage, reward, and delight its community of tea enthusiasts.

Every Saturday at 11 AM, Easy Boba’s Instagram story will present a new riddle, where followers get a single shot per level to crack the flavor of the week. Hints drop every three hours, culminating in a final reveal. The earlier participants crack the code, the better the rewards — from Buy One Get One Free Drink to exclusive discounts up to 10%.

“At Easy Boba, we believe every flavor tells a story. Riddler’s Saturday brings that story to life — one sip and one riddle at a time,” said Adnan Sarkar, Founder of Easy Boba. “It’s about merging the joy of discovery with the joy of drinking something truly special.”

This gamified approach isn’t just fun — it reflects the brand’s broader mission to blend innovation with authenticity. Known for reinventing traditional Indian drinks with a boba twist, Easy Boba offers a vibrant menu with dairy-free, plant-based, Jain-friendly, and low-calorie options, making it a favorite among health-conscious consumers and those with dietary restrictions.

How the Game Works:

• One riddle drops every Saturday at 11 AM.
• Users get one guess per level, per hint drop — no second tries.
• Two hints follow every three hours; the fourth story reveals the answer.
• Winners get featured on the Riddler Leaderboard and receive in-store rewards.

Reward Levels:

• Level 1 (The Golden Sip): Buy One Get One Free Drink + Tag
• Level 2 (Silver Guess): 25% off
• Level 3 (Bronze Shot): 10% off
• Level 4 (The Big Spill): Answer reveal, game ends

This playful, layered campaign fits into Easy Boba’s larger branding strategy of creating “Sip-worthy experiences.” With 20+ outlets and growing, the company continues to redefine India’s café culture by offering not just a drink, but a flavourful adventure.

The offer is applicable at select locations. Kindly confirm its availability at your nearest outlet.

For more details or to play along, follow @easyboba on Instagram or visit www.easyboba.in.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Pune (Maharashtra) [India], June 26: In the dynamic world of construction and infrastructure development, the fusion of Building Information Modelling (BIM) and Digital Twin technology is setting new benchmarks for project efficiency, sustainability, and operational excellence. As the construction industry embraces smart, data-driven approaches, Digital Twins are rapidly becoming indispensable tools for companies aiming to improve their asset management strategies and overall project delivery. The integration of Digital Twins with AI-powered BIM tools transforms traditional project management into an intelligent, real-time process that enhances the entire BIM lifecycle management, from initial design to ongoing operations and maintenance.

A Digital Twin represents a living, virtual replica of a physical asset created using 3D BIM modelling. Unlike static models, these twins are continuously updated with real-time data from IoT devices, sensors, and cloud-based BIM platforms, providing an accurate digital reflection of the building or infrastructure in operation. This synchronization unlocks new dimensions for construction management, enabling stakeholders to simulate scenarios, predict outcomes, and optimize decision-making at every stage of the project. The technology creates a dynamic bridge between the physical and digital worlds, allowing for unprecedented visibility into asset performance and behaviour.

One of the greatest strengths of BIM-driven Digital Twins is real-time monitoring capabilities. By leveraging BIM data analytics, facility managers and engineers can track the performance of critical building systems such as HVAC, electrical, and plumbing networks. This continuous visibility enables early detection of inefficiencies, optimizing resource utilization and enhancing sustainability efforts by reducing energy consumption and operational waste. For instance, a commercial high-rise built using BIM software solutions integrated with a Digital Twin can provide actionable insights on energy flows, occupancy patterns, and maintenance needs, significantly boosting facility management performance.

The era of reactive repairs is rapidly becoming obsolete as predictive maintenance powered by Digital Twins emerges as a cost-saving game changer. With BIM cost estimation and predictive maintenance capabilities, organizations can anticipate system failures or component wear-and-tear well in advance. This proactive approach not only prevents costly downtimes but also prolongs asset life cycles, ensuring better BIM lifecycle management. Construction firms employing 4D and 5D BIM simulations alongside Digital Twins can optimize maintenance schedules, reduce unplanned disruptions, and improve overall building safety through data-driven insights and predictive analytics.

BIM collaboration platforms enable project teams—including architects, contractors, and facility operators—to access the Digital Twin anytime via cloud-based BIM services. This shared environment promotes seamless communication and coordination, minimizing errors and accelerating decision-making from design to post-construction operations. The collaborative nature of these platforms ensures that all stakeholders have access to the same real-time information, creating a unified approach to project management. Moreover, AR/VR integrated BIM solutions are elevating stakeholder engagement by providing immersive visualization experiences during design validation and client presentations, making complex technical information more accessible and understandable.

Looking beyond individual buildings, Digital Twins are becoming instrumental in developing smart cities and infrastructure networks. Governments and urban planners are adopting BIM for infrastructure projects to model entire transportation networks, utilities, and public services, creating more resilient and sustainable urban environments. This capability aligns perfectly with BIM for green building design, helping achieve global environmental standards while reducing carbon footprints. The scalability of Digital Twin technology allows for comprehensive urban planning that considers the interconnected nature of city systems, from traffic flow optimization to energy grid management.

The future of construction and infrastructure development increasingly relies on AI-powered BIM services that leverage Digital Twin technology. These solutions deliver tailored approaches for BIM automation, prefabrication, and modular construction, ensuring clients benefit from streamlined workflows and real-time intelligence. Whether organizations need BIM for regulatory compliance, clash detection solutions, or integration with IoT for smart building management, comprehensive support systems are designed to maximize project ROI and efficiency. The integration of artificial intelligence with Digital Twin technology creates opportunities for autonomous decision-making processes that can respond to changing conditions in real-time, further enhancing the value proposition of these advanced systems.

As the construction industry continues to evolve, Digital Twins represent more than just technological advancement—they embody a fundamental shift toward intelligent, responsive, and sustainable building practices. The convergence of BIM technology with real-time data analytics creates unprecedented opportunities for optimization, efficiency, and innovation across the entire construction lifecycle. Organizations that embrace this technology today position themselves at the forefront of an industry transformation that promises to redefine how we design, build, and manage the built environment for decades to come.

About Author –  Vijay Gupta, MD & CEO, Softtech Engineers: 

Mr. Vijay Gupta, an IIT Mumbai alumnus, is the Founder, Chairman and Managing Director of SoftTech Engineers Limited. He holds an M. Tech degree from IIT Mumbai. Vijay strongly believes that technology has to be leveraged extensively to bring speed, efficiency and transparency in the AEC (Architecture, Engineering & Construction) industry for private as well as public sector organizations. He has a rich experience of about 35 years in the development of cutting-edge BIM/ CAD/ CAE /Project Management Enterprise Software in the AEC domain.

About Softtech Engineers: 

A leading IT company (www.softtechglobal.com) facilitating business and technology transformation across the AEC industry through innovative software products and solutions. The company proudly supports over 1300 organizations and serves a user base of more than 400,000 individuals. Notably, SoftTech’s solutions have facilitated the approval of over 2 million building permits, encompassing a staggering area exceeding 30 billion square feet.

Website: https://softtechglobal.com/

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi [India], June 26: Marc Loire Fashions Limited, a fast-growing player in India’s women’s footwear market, has announced its Initial Public Offering (IPO) to raise ₹21 crore. The issue opens for subscription on June 30, 2025, and closes on July 2, 2025. The shares will be listed on the BSE SME platform.

The public offering comprises 21 lakh equity shares at a fixed price of ₹100 per share. Proceeds from the IPO will be used to:

•Open 15 new Exclusive Brand Outlets (EBOs)

•Upgrade retail infrastructure

•Meet working capital requirements

•Address general corporate purposes

Founded in 2014, Marc Loire has evolved into a fashion-forward brand offering over 800 SKUs, spanning categories such as heels, sneakers, boots, and ethnic footwear. The company was converted into a public limited entity in 2024.

Financial Highlights

The company has demonstrated strong top-line and bottom-line growth:

•Revenue (₹ crore): FY23 – 37.44 | FY24 – 40.40 | FY25 – 42.46

•PAT Margin (%): FY23 – 1.75% | FY24 – 10.09% | FY25 – 11.08%

•Return on Net Worth (RONW): 43.75%

•EBITDA margins: On an improving trajectory

Post-issue, the company’s net worth is expected to increase from ₹10.75 crore to ₹31.75 crore. The IPO is priced at a P/E multiple of 10.63x, suggesting a reasonably valued entry for investors.

Distribution Strategy

Marc Loire operates through a robust omnichannel model, combining Direct-to-Consumer (D2C) online sales with Business-to-Business (B2B) retail partnerships and Shop-in-Shop (SiS) formats. The company maintains relationships with over 40 vendors to ensure supply chain efficiency and product quality.

Market Opportunity

India’s ₹55,000 crore footwear industry is growing at a CAGR of 15%. With women’s footwear representing an increasing share of this market, Marc Loire is well-positioned to tap into the demand for affordable, trend-driven designs.

Promoters & Management

The leadership team includes:

•Arvind Kamboj – Managing Director & Chairman

•Shaina Malhotra – Whole-Time Director

•Atul Malhotra – Non-Executive Director

Each brings more than a decade of domain expertise in the fashion and footwear sectors.

IPO Details at a Glance:

•Issue Size: ₹21 crore

•Issue Price: ₹100 per share

•Lot Size: To be announced

•Subscription Period: June 30 – July 2, 2025

•Listing Exchange: BSE SME

For investors seeking exposure to a growing consumer brand with strong financials and expansion potential, Marc Loire Fashions offers a compelling opportunity to participate in the next phase of India’s retail fashion growth story.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Mumbai (Maharashtra) [India], June 26: Moving Media Entertainment Limited (The Company, Moving Media) a rental service provider offering cameras, lenses and related equipment to the media and entertainment industry, secured ₹ 9.87 crore through its anchor book process on June 25, 2025. This strategic capital infusion, achieved just ahead of the company’s IPO launch. According to the exchange filing, O7 investors participated in the anchor book offering. These notable investors include:

1.         NAV Capital VCC – Nav Capital Emerging Star Fund

2.         Aarth AIF Growth Fund

3.         Vikasa India EIF I Fund- Incube Global Opportunities

4.         Viney Growth Fund

5.         CCV Emerging Opportunities Fund

6.         Holani Capital Venture Fund – I

7.         Strategic Sixth Sense Capital Fund

Moving Media Entertainment Limited has allocated a total of 14,10,000 Equity Shares to these anchor investors, with each share priced at ₹ 70. This calculated pricing highlights the investor confidence in the company’s prospects and its position in the market.

The Book Running Lead Manager to the Issue is Gretex Corporate Services Limited, The Registrar to the Issue is Maashitla Securities Private Limited.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

New Delhi [India], June 25: In the dynamic world of branded merchandise and corporate gifting, MerchStudio Pvt. Ltd. has swiftly risen as a trusted partner for some of India’s leading enterprises. Founded by visionary entrepreneurs Shobhit and Sweta Agarwal, the company brings a fresh perspective to brand engagement through thoughtfully curated, high-quality merchandise solutions.

Founded in 2023, MerchStudio has already built an impressive client portfolio, including marquee names such as DP World, Apollo Tyres, Nikon, Honda Power, Cinepolis, Studds Accessories, VE Commercial Vehicles (Eicher), Valvoline Cummins, Exide Industries, Nuvoco Vistas, Volvo, TotalEnergies, and many more. This rapid adoption underscores the company’s unwavering commitment to quality, creativity, and client satisfaction.

From Insight to Impact

The idea for MerchStudio was born from a simple yet powerful insight: despite increasing marketing budgets, the merchandise space remained largely underserved, with brands often settling for generic, low-quality products that didn’t reflect their identity.

With complementary backgrounds in business strategy and branding, Shobhit and Sweta identified an opportunity to create something unique. They set out to build a company that offers end-to-end creative merchandise solutions — from ideation to execution — with the goal of making every item a meaningful brand touchpoint.

What Sets MerchStudio Apart

MerchStudio is more than just a promotional product supplier — it’s a strategic creative merchandise partner. The company specializes in crafting custom, memorable brand experiences through a wide array of product categories, including tech gadgets, apparel, eco-friendly items, event kits, and premium gifts.

Sweta Agarwal, who leads creative strategy and client engagement with a background in financial management, ensures each product reflects the client’s brand ethos. Shobhit Agarwal oversees operations, supply chain, and business development, driving efficiency and scalability. This strong balance of creativity and operational excellence defines the MerchStudio edge.

“Our belief is simple — every brand deserves merchandise that reflects its personality, values, and standards,” says Sweta. “We don’t just sell products. We help companies create lasting impressions.”

Trusted by Industry Leaders

In a short span, MerchStudio has delivered impactful merchandise solutions across sectors such as manufacturing, energy, logistics, automotive, and entertainment. Whether it’s customized employee uniforms for Apollo Tyres and VE Commercial Vehicles (Eicher), event swag for Cinepolis, or corporate gifting for Nikon, Volvo, and DP World — the company’s versatility and responsiveness have won widespread appreciation.

“Working with clients like DP World and Honda Power has challenged us to think bigger, design smarter, and deliver faster,” shares Shobhit. “We’re proud to be seen as an extension of their marketing and HR teams.”

The Road Ahead

Looking to the future, MerchStudio plans to scale through a tech-enabled ordering platform, expand its warehousing capabilities, and introduce a proprietary product line under its own brand label in apparel and tech gadgets. The company is also investing in sustainable merchandise solutions, in line with growing demand for eco-conscious alternatives.

In a marketplace where brand visibility, employee engagement, and customer loyalty are more vital than ever, MerchStudio isn’t just keeping pace — it’s setting the standard.

With a sharp creative vision, strong execution, and a passion for detail, Shobhit and Sweta Agarwal are not just creating merchandise — they’re crafting lasting brand moments.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Bengaluru (Karnataka) [India], June 25:  In a market where EV ownership often faces scepticism due to service and support gaps, Oben Electric, an R&D driven electric motorcycle manufacturer, continues to strengthen its commitment to delivering an unparalleled EV ownership experience with the launch of its 24/7 customer support helpline. This initiative underlines Oben’s focus on responsive, transparent, and personalized after-sales support, designed to build long-term trust and confidence among EV owners, as it provides round-the-clock, real-time solutions with empathetic and expert assistance. This ensures riders receive seamless support any time of day, reinforcing service continuity and consistent quality.

Over the past three months, 90% of all service cases have been resolved within 72 hours, reflecting Oben’s operational efficiency and dedication to minimizing rider downtime.

At the heart of this service excellence is its deep vertical integration. Critical components such as its proprietary high-performance lithium iron phosphate (LFP) battery, motor, vehicle control unit (VCU), and charger are designed and manufactured in-house, allowing full control over quality, diagnostics, and turnaround times. This integration enables faster issue resolution and greater transparency, including comprehensive warranty coverage that supports confident, worry-free riding.

Every Oben Electric customer is assigned a dedicated Relationship Manager, ensuring personalised, end-to-end support throughout their ownership journey, from onboarding and routine maintenance to real-time query resolution. This personalised engagement is backed by Oben Care’s network of platinum-certified technicians, trained to the highest industry standards to deliver expert diagnostics, repair, and maintenance.

To further support riders on the move, Oben has established a three-tier Roadside Assistance (RSA) network, combining its own fleet, leading RSA providers, and hyperlocal partners. This ensures prompt recovery and help even in remote regions. Oben’s ownership support is also anchored in robust warranty coverage. Its proprietary LFP battery is backed by up to 8 years/80,000 kms warranty, while the Comprehensive Protect warranty covers key components including Battery, BMS, Motor, Motor Controller, and Chassis for 5 years or 60,000 kms.

Currently, Oben Electric operates over 37 showrooms pan-India, each supported by a dedicated Oben Care service center, providing integrated and consistent after-sales service that is rare in the EV two-wheeler sector. To further enhance convenience, pick-up and drop services are available with select service center, ensuring a hassle-free maintenance. Oben aims to expand its presence to over 150+ showrooms across 50+ cities with respective dedicated service centers by the end of the financial year, bringing its best-in-class electric motorcycles and exceptional after-sales support to Tier 1, 2, and 3 cities across India.

Madhumita Agrawal, Founder and CEO of Oben Electric, said, “Building customer trust is essential to accelerating EV adoption in India. Our 24/7 customer care helpline and integrated Oben Care service centers embody our commitment to delivering fast, transparent, and personalized support. We believe this approach not only resolves issues quickly but fosters lifelong loyalty and confidence in electric mobility.”

As India’s EV market evolves, Oben Electric remains focused on setting new benchmarks for customer service and after-sales care. Through Oben Care’s robust support ecosystem, the company is shaping a future where EV ownership is seamless, reliable, and truly customer centric.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

New Delhi [India], June 25: Cedaar Textile Limited (The Company, Cedaar) manufacturer of a diverse range of yarns and textile products, proposes to open its Initial Public Offering on Monday, June 30, 2025, aiming to raise ₹ 60.90 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is 43,50,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 130 – ₹ 140 Per Share.

Equity Share Allocation

• QIB Anchor Portion – Up to 7,82,000 Equity Shares
• Qualified Institutional Buyer – Up to 5,22,000 Equity Shares
• Non-Institutional Investors – Not less than 13,28,000 Equity Shares
• Retail Individual Investors – Not less than 15,00,000 Equity Shares
• Market Maker – 2,18,000 Equity Shares

The net proceeds from the IPO will be utilized for installation of Grid-tied Solar PV Rooftop System for captive evacuation, modernization of the machines, to meet working capital requirements, and general corporate purposes. The anchor bidding will open on June 27, 2025 and the issue will close on July 02, 2025.

The Book Running Lead Manager to the Issue is Fast Track Finsec Private Limited, The Registrar to the Issue is Skyline Financial Services Private Limited.

Mr. Rajesh Mittal, Managing Director of Cedaar Textile Limited expressed, “This IPO represents a defining step forward for Cedaar Textile Limited as we prepare to scale our operations and broaden our impact in the textile sector. Over time, we’ve built a reputation for offering high-quality and diversified yarn solutions, driven by a deep understanding of market trends and customer preferences.

The capital raised will allow us to modernize key manufacturing assets, strengthen our energy efficiency through solar integration, and expand into promising areas such as technical textiles and branded apparel. We see this as a strategic opportunity to reinforce our leadership in the value-added textile segment, deepen our market presence, and continue delivering innovative, sustainable products to our customers worldwide.”

Mr. Vikas Varma, Director of Fast Track Finsec Private Limited said, “We are pleased to be associated with Cedaar Textile Limited as they take this important step in their growth journey through the launch of their Initial Public Offering. The company’s consistent focus on innovation, sustainability, and diversification across yarns, fabrics, and apparel positions it strongly within the evolving textile landscape.”

The Indian textile and apparel industry is witnessing robust growth, driven by rising global demand, government initiatives, and a growing preference for sustainable and value-added products. Cedaar Textile is well-placed to capitalize on these trends, and we believe this IPO will play a pivotal role in helping the company scale its operations, strengthen its market presence, and create long-term value.”

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.