Tag: Business

  • Benchmark Computer’s IPO for Rs. 12.24 cr. opens on December 14, 2023

    Benchmark Computer’s IPO for Rs. 12.24 cr. opens on December 14, 2023

    New Delhi (India), December 13: Mumbai based Benchmark Computer Solutions Ltd. is coming with its maiden IPO of 1854000 equity shares of Rs. 10 each at a fixed price of Rs. 66 per share (including a premium of Rs. 56 per share). The company mulls raising Rs. 12.24 cr. with this IPO. The issue opens for subscription on December 14, 2023, and will close on December 18, 2023. The shares will be listed on BSE SME post allotment. The issue constitutes 27.01 % of the post issue paid up capital of the company.

    The minimum application to be made is for 2000 shares and in multiples thereon, thereafter. The issue is lead managed by Beeline Capital Advisors Pvt. Ltd. and KFin Technologies Ltd. is the registrar to the issue.

    From the net proceeds of the IPO fund, the company will use Rs. 3.90 cr. for Capital Expenditure, 3.80 cr. for working capital, and Rs. 2.98 cr. for general corporate purposes.

    Benchmark Computer Solutions Limited is an IT infrastructure solutions and technology consultancy and software development company. The company provides end-to-end technology and technology related services including IT Infrastructure and Software Development Services.

    The company is promoted by Mr. Dhananjay Vrindawan Wakode (Chairman – MD), jointly with Mr. Hemant Muddana Sanil (WTD).

    The Company provides service models such as IaaS (Infrastructure as a Service) and SaaS (Software as a Service). The Service portfolio of the company comprises of IT Infrastructure solutions, Software and Web Based Application Development Services and Annual Maintenance Contract (AMC) and Facility Management Services (FMS). Using its extensive understanding of its customers’ businesses and leveraging a combination of advanced technologies and expertise, company provides tailored solutions designed to deliver differentiated outcomes.

    The Company has deep domain knowledge across industry sectors and technology expertise across traditional and new age technologies. The company is authorized partner to multiple OEM’s including HP (Under HP amplify membership programme), SafeAeon (SafeAeon Partner Ecosystem Program), Veeam, Vertiv, Lenovo, Konika Minolta Business Solutions and Dell Technologies. It is certified with ISO 9001: 2015 and ISO 27001: 2013 from SN Registrars (Holdings) Limited, UK and Quality Control Certification, UK for Installation of Hardware of IT Related products and providing Services as per customer requirements.

    The company posted a turnover/net profit of Rs. 18.64 cr. / Rs. 0.83 cr. for FY 2022 and Rs. 31.95 cr. / Rs. 2.03 cr. for FY2023. For the first half of FY24 ended on September 30, 2023, it marked a turnover of Rs. 12.98 cr. with a net profit of Rs. 0.96 cr. IT infrastructure solutions has a lion share in its total revenues.

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  • Coming Soon: Snow Kingdom Expands Its Frosty Magic to Two More Locations!

    Coming Soon: Snow Kingdom Expands Its Frosty Magic to Two More Locations!

    New Delhi (India), December 12: Snow Kingdom, India’s largest snow theme indoor amusement centre, has been packing happiness and fond memories to patrons in Chennai, Mumbai, Hyderabad, and Indore. These colossal 32,000 collective square feet spread of RO water snow stands as the epitome of hygiene in India’s theme park landscape. Since its inception in 2015, this “must-visit” destination for tourists has grown exponentially into a sprawling 112,000 square feet entertainment zone across the country.

    The unique “FUNDUCATION” concept makes students learning a fun filled experience and experience snow in a controlled environment. With patented catchphrases “Snow Much Fun” and “It’s in your hands,” Snow Kingdom conveys its message to patrons of all age groups. The immersive experience transports visitors to the Alps of Switzerland or the Himalayas, with an ambiance featuring snow palaces, snow-capped mountains, oak trees with black seals, polar bears, standing penguins, igloos, and more.

    Patrons can revel playing in the snow, experiencing the joy of snowfall, engaging in activities like tobogganing, snow sledding, snow rock climing, and dancing on the snow dance floor. Snow Kingdom operates 10 sessions a day, 365 days a year.

    Snow Kingdom goes beyond entertainment by actively engaging in philanthropy. Also creating an opportunity to experience snow at -8 degrees for the underprivileged children and students as part of its CSR initiatives. This commitment reflects the company’s dedication to giving back and instilling human values, tradition, and compassion in society.

    Shri Shakthi Group, the parent company of Snow Kingdom, is an Indian venture capitalist handling diverse industries from trading, construction, education, pharmaceuticals to entertainment. The group’s operational presence spans across Andhra Pradesh, Maharashtra, Telangana, Madhya Pradesh, and Tamil Nadu in India, as well as California, USA. Managing Directors, Mr. Guruprasad Puvvadi and Mrs. Harika Puvvadi, stalwarts in the indoor entertainment business, contribute significantly to India’s tourism industry.

    Our mission is to promise patrons an unforgettable day of fun, laughter, and beautiful memories with family and friends. Our vision is to see Snow Kingdom as the ultimate entertainment destination in our country.

    Exciting News:  Snow Kingdom is thrilled to announce the upcoming launch of two more locations, extending its frosty magic to even more cities. Stay tuned for an even grander snow-filled adventure near you! www.snowkingdom.com

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  • India’s Financial Intelligence Unit Registers Over Two Dozen Crypto Service Providers

    India’s Financial Intelligence Unit Registers Over Two Dozen Crypto Service Providers

    New Delhi (India), December 12: In a notable development for the Indian cryptocurrency sector, over two dozen digital currency service providers have registered with India’s Financial Intelligence Unit (FIU). This move, directed by the country’s Finance Ministry in March, marks a significant step towards increased regulatory oversight in the rapidly evolving crypto space.

    The FIU, functioning under the Ministry of Finance, plays a pivotal role in India’s financial regulation system, primarily focusing on anti-money laundering (AML) and combating the financing of terrorism (CFT). The decision to mandate registration for crypto service providers aligns with global efforts to establish a regulated framework for the cryptocurrency market, known for its volatility and previously unchecked growth.

    This development follows the increased scrutiny of cryptocurrencies and related financial services worldwide. In India, where the crypto market has seen a remarkable surge, the government’s move to register these service providers is a balanced approach to ensure transparency and accountability while fostering innovation.

    The registration process involves rigorous checks and balances, ensuring these service providers adhere to stringent AML and CFT guidelines. This includes the implementation of robust know-your-customer (KYC) norms and regular reporting of suspicious transactions to the FIU. Such measures are critical in preventing the misuse of digital currencies for illegal activities and safeguarding investors’ interests.

    Industry experts view this step as a positive sign, indicating the government’s willingness to integrate cryptocurrencies into the formal financial system, albeit with necessary safeguards. It represents a shift from earlier apprehensions about the legitimacy of digital currencies and paves the way for more structured and responsible growth in the sector.

    The move also reflects India’s commitment to align with global standards in financial regulation. By keeping pace with international trends and protocols in cryptocurrency regulation, India positions itself as a responsible and forward-looking participant in the global financial landscape.

    However, there isn’t any word on how the Indian regulators view specific cryptocurrencies, a breakaway from the US’s Securities and Exchange Commission (SEC) that has accused most cryptocurrencies, including Cardano, Solana, Pi Network Coin, etc., of having features of a security asset. 

    The regulatory landscape in India for cryptocurrencies has been evolving, particularly in response to several high-profile cases of money laundering and fraud involving digital currencies. Here are some key case studies and developments:

    Enforcement Directorate’s Proactive Measures

    India’s Enforcement Directorate (ED) has been actively investigating several money laundering cases through cryptocurrencies. They have seized assets worth over $115 million linked to these crimes. The ED issued a show cause notice to a local exchange, WazirX, and its directors for crypto transactions exceeding $338 million. These actions highlight the government’s commitment to combating the misuse of cryptocurrencies in money laundering schemes.

    Regulatory Framework Strengthening 

    India has subjected cryptocurrency trading to anti-money laundering laws, mandating crypto exchanges and other related businesses to maintain comprehensive records of transactions. This includes transactions exceeding INR 10 lakhs and those integrally connected transactions. The entities must also report suspicious transactions and perform thorough know-your-customer (KYC) checks. Non-compliance with these regulations can result in substantial monetary penalties.

    Significant Seizures and Arrests

    The ED has attached approximately ₹936 crore (over $115 million) as proceeds of crime and arrested five individuals in connection with crypto frauds. These actions were taken under the Prevention of Money Laundering Act, reflecting the seriousness with which the government addresses cryptocurrency risks. In addition to money laundering, assets worth ₹289.28 crore have been seized for violations of the Foreign Exchange Management Act (FEMA).

    RBI’s Stance and Digital Rupee Pilot

    The Reserve Bank of India (RBI) has been cautioning users about the risks of virtual currencies and advising regulated entities to continue thorough customer due diligence for crypto transactions. Interestingly, RBI also launched the first digital rupee (e₹-R) pilot in December 2022, indicating a nuanced approach towards digital currencies.

    These case studies underscore the complexities and challenges in regulating cryptocurrencies in India. While the government is keen on preventing financial crimes and ensuring investor protection, it is also exploring the potential of digital currencies, as evidenced by the pilot of the digital rupee. This balancing act is pivotal as India continues to evolve its regulatory framework in line with global standards.

    For more crypto and financial news, please visit Coinchapter.com

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  • Kerala University joining hands with Nergy India to provide innovative commerce courses for its students

    Kerala University joining hands with Nergy India to provide innovative commerce courses for its students

    From Left – Santhosh Saha, Business Head, MEPSC, Centre- Sharif Aerkulangara, CEO, Nergy India Pvt. Ltd., Right Side- Prof. Gabriel Simon Thattil, Commerce HOD & IQAC Head of Kerala University

    Trivandrum (Kerala) [India], December 12: Nergy India, India’s first Simulated Learning Technology (SL Tech) & Interactive Learning Technology (IL Tech) innovator in commerce learning, to collaborate with one of the prestigious universities in the state, Kerala University, to offer three statutory e-filing skilling courses for commerce students. These short term courses are developed by Nergy India and endorsed by Management & Entrepreneurship and Professional Skills Council (MEPSC) under the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India. These certified courses were announced at the 45th All India Accounting Conference & International Seminar on Accounting Education & Research hosted at the University of Kerala, Kariavattom campus. Commerce aspirants who are pursuing their undergraduate or postgraduate courses are eligible to apply for these courses simultaneously.

    “We have taken an oath and promise to come up with innovative solutions in the commerce education domain. We are sure that we can make this happen, it’s not just us that is working for the cause, we have a global community with us, a community of educators, students and commerce professionals.” – Sharif Aerkulangara, CEO, Nergy

    “Kerala university has always been in the forefront to equip with up to date education methodologies. Considering to include innovative SL and IL tech backed courses in our curriculum, because it’s interactive and futuristic.” Said Prof. Gabriel Simon Thattil, Commerce HOD & IQAC Head of Kerala University.

    The short term courses on offer include a GST Executive , Statutory Executive, and Finance Executive programs. Enrolled students can get access to Nergy Vidya,  the official student portal, providing access to course materials and additional resources. The courses are designed comprehensively in parallel with the demand for professional knowledge vital for a successful career in the commerce industry. The courses cover topics such as GST registration, ITR filing, E-PAN generation, TDS & TCS and preparation of financial statements to mention a few.

    All the courses are backed by Nergy India’s revolutionary SL & IL tech, where practical simulations of real work scenarios are used for learning purposes in SL method and interactive, feedback driven method is implemented in IL Tech.

    For more information, please visit https://www.nergyindia.com/

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  • NAR-India holds 1st South Zone Real Estate Business Exchange Meet in Mysore for Key Industry Opportunities

    NAR-India holds 1st South Zone Real Estate Business Exchange Meet in Mysore for Key Industry Opportunities

    Mysore (India), December 12: The National Association of Realtors India (NAR-India), the country’s largest real estate association, held the 1st South Zone Real Estate Business Exchange Meet hosted by Mysore Realtors Association. The Event was organised in the beautiful city of Mysore. The event was pivotal gathering for all stakeholders in the real estate sector.

    With an attendance of over 150 members, the convention turned out to be a dynamic platform for discussions on industry growth, future business prospects, and collaboration opportunities. It represents a significant step towards fostering growth and development in the real estate sector, in line with India’s aspirations to become a $10 trillion economy.

    Event was Partnered by Trendz Apartment, Key Demand, KNS Infrastructure, Alliance Square, Aakarr Developers and Bhima Properties

    Taking about the event, Mr. B Prabhu, Director, South Zone, NAR India said, “The South Zone Real Estate Business Exchange Meet, was an exceptional opportunity for industry players to come together, share insights, and explore the immense potential of the real estate market in India. We are grateful for the support of our esteemed partners and sponsors, who have made this event possible,”

    Mr. Mahaveer P, President of Mysore Realtors Association also stated, “The convention showcased the incredible opportunities that the real estate sector offers in various aspects, and it brings together industry leaders to discuss current trends and future prospects”.

    Events organized by NAR-India this year have been a roaring success, especially in tier 2 cities like Indore, Bhubaneshwar, Siliguri, Rajkot, Nagpur and brought together government dignitaries, regulatory bodies, and real estate experts. Realtors, developers, investors, and financial institutions from India and around the world have benefited from these events, fostering valuable business relationships and knowledge exchange. This event was inaugurated by Mr C R Shiva Kumar, President NAR India, along with the other dignitaries of NAR India.

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  • XPrime: The Rising Star of Architectural Hardware

    XPrime: The Rising Star of Architectural Hardware

    Jamnagar (Gujarat) [India], December 12: On December 1, 2023, XPrime, a leading architectural hardware brand under Bramhani Brass Products, hosted a highly anticipated Distributors Meet. The event, held at The Fern Hotel, brought together distributors from across India to discuss the brand’s impressive growth, upcoming product launches, and its ambitious plans for global expansion.

    The highlight of the event was the unveiling of XPrime’s global expansion plans. Mr. Patel outlined the company’s strategic vision to enter new international markets, leveraging its existing export expertise and reputation for high-quality products. This expansion will open new opportunities for growth and reinforce XPrime’s position as a global leader in the architectural hardware industry.

    XPrime, the architectural hardware brand under the umbrella of Bramhani Brass Products, has quickly established itself as a rising star in the industry. Founded in 2012 by visionary Kishan Patel and led by the dynamic Shubham Patel, CEO, XPrime has carved a niche for itself with its commitment to exceptional quality, premium designs, and outstanding customer service.

    The brand boasts a diverse product portfolio catering to the needs of architects, builders, and individual consumers alike. From locks and hinges to tower bolts and handles, XPrime offers a comprehensive range of hardware solutions crafted from steel, aluminum, and brass. The company further elevates its offerings with over 30 mesmerizing finishes, including gold, rose gold, black, antique, stainless steel, antique matte, satin gold, and many more. To ensure lasting peace of mind, XPrime provides a 7-year warranty on all its products and offers all-India delivery.

    XPrime’s impressive growth trajectory is evident in its recent achievements. In October 2022–23 (FY), the brand achieved a remarkable sales milestone, exceeding 1,70,000 units of hinges sold in a single month. This success underlines the company’s commitment to quality and its dedication to exceeding customer expectations.

    Looking ahead, XPrime is actively seeking partnerships with distributors across India. By joining forces with XPrime, distributors gain access to a highly reputable brand, a portfolio of premium products, and a company dedicated to helping them achieve business success. XPrime offers attractive financial assistance over a 25-day period, making it an ideal partner for distributors seeking to grow their businesses. Beyond the tangible benefits of XPrime’s products, customers also enjoy the added advantage of exceptional after-sales support. The company is committed to providing prompt and efficient assistance at any time, ensuring a seamless and satisfying customer experience.

    XPrime’s vision extends beyond borders. Having successfully established itself as a leader in the Indian market, the company is now setting its sights on global expansion. With extensive experience in export, XPrime is well-prepared to take its premium hardware solutions to a wider audience.

    Two brands, one vision:

    The Bramhani Brass Products family offers not one, but two distinct brands to cater to different needs:

    XPrime is focused on exceptional quality, reliability, and long-lasting performance.

    Proex is focused on cutting-edge design, aesthetics, and creating a statement with its hardware. Proex is the perfect choice for luxury needs.

    Benefits for Customers and Distributors:

    Both XPrime and Proex offer a compelling proposition for customers and distributors:

    Customers:

    Exceptional quality: products that are built to last and guaranteed to perform under any conditions.

    Premium Designs: A diverse range of stylish and contemporary designs to complement any architectural style.

    Unmatched After-Sales Support: prompt and efficient assistance anytime, ensuring a seamless and satisfying customer experience.

    Convenient Delivery: All-India delivery and soon-to-be global reach.

    Distributors:

    High Brand Reputation: Partner with a trusted brand recognized for its quality, reliability, and growing global presence.

    Increased Sales Potential: XPrime and Proex’s reputation and premium products can significantly boost your sales.

    Financial Assistance: attractive financial assistance with a 25-day period to support your business growth.

    Be Part of the Global Expansion: Join XPrime and Proex as they expand their reach and become leading forces in the global architectural hardware market.

    Connect with XPrime:

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

    Phone Number: +91 9898085585

    Business Mail: info@xprimehardwares.com
    WhatsApp Chat: wa.link/v7ulqf

    Address: 3881 GIDC Phase-2, Jamnagar, Gujarat-361004
    Feel free to visit us anytime and experience the XPrime difference!

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  • Presstonic Engineering Ltd plans to raise up to Rs. 23.30 crore from public issue; IPO opens Dec 11

    Presstonic Engineering Ltd plans to raise up to Rs. 23.30 crore from public issue; IPO opens Dec 11

    Company to issue 32.37 lakhs Equity shares of Rs.10 face value at a price of Rs.72 per share; Shares will be listed on NSE SME.

    Bengaluru (Karnataka) [India], December 12: Presstonic Engineering Ltd engaged in the manufacturing of Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure plans to raise Rs. 23.30 crore from its SME public issue. The public issue will open for subscription on December 11. The company has received approval to launch its public issue on NSE Emerge Platform of National Stock Exchange. Proceeds of the public issue will be utilized for Funding Capital Expenditure towards the purchase of additional plant and machinery, prepayment of borrowings, meet working capital requirements and f       or general corporate purposes. Finshore Management Services Limited is the lead manager of the issue. Public issue will close on December 13.

    The initial public offering comprises of a fresh issue of 32,36,800 equity shares of face value Rs. 10 each at a price of Rs. 72 per share (including a premium of Rs. 62 per equity share) aggregating up to Rs. 23.30 crore. Minimum lot size for the application is 1600 shares which translates in to investment of Rs. 1.15 lakh per application. Retail allocation for the IPO is kept each at 50% of the issue. Market maker reservation portion is 1,63,200 equity shares.

    Highlights: –

    • Public issue opens for subscription from December 11 and closes on December 13.
    • Funds raised through the issue will be used for purchase on plant and machinery, prepayment of borrowings, meet working capital requirements and General Corporate Purpose.
    • For FY23, company reported total revenue of Rs. 21.13 crore and Net Profit of Rs. 2.56 crore
    • Finshore Management Services Limited is the lead manager of the issue.

    Incorporated in 1996, Presstonic Engineering Limited manufactures products for Metro Rail Rolling Stock, Metro Rail Signalling, and Infrastructure. The company offers a wide range of products, including Rolling Stock Interior Products such as Saloon Bucket/Plain Type Seats, Custom Colored Engineered Handles, Grab Pole Systems, Hand Rail Systems, Emergency Evacuation Ramps, and Honeycomb Partition Panels.  The company’s manufacturing facility spread over 28,000 sq ft and R&D Division are situated in Bangalore.

    The company’s business model is order-based. As on March 31, 2023, the company have an unexecuted order book of Rs 63.89 crore. Presstonic Engineering Limited supplies products to diversified industries along with State Govt. Central Govt. and PSUs. Mr. Herga Poornachandra Kedilaya and Mr. Yermal Giridhar Rao are the promotors of the company. Promoter Group holding post issue will be 57.99

    The financial performance of the company has exhibited considerable progress over the years, demonstrating growth and stability. For the FY 22-23 company reported total revenue of Rs. 21.13 crore Net Profit of Rs. 2.56 crore. As on 30 Sep 2023, Reserves & Surplus stands at Rs. 1.98 crore, Total Assets at Rs. 28.51 crore and Net Worth of Rs. 6.46 crore. Shares of the company will be listed on NSE’s Emerge platform.

    Financial Highlights (Amt in Rs. Cr)

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  • Real Vision Homes Chairman, Dr. Srinivas Naik Dharavath, Honored with Global Icon Award at G20 Summit in Colombo

    Real Vision Homes Chairman, Dr. Srinivas Naik Dharavath, Honored with Global Icon Award at G20 Summit in Colombo

    Real Vision Homes Pvt Ltd’s Chairman, Dr. Srinivas Naik Dharavath, Conferred with Global Icon Award at G20 Initiative Summit in Colombo, Sri Lanka

    Hyderabad (Telangana) [India], December 12: Real Vision Homes Pvt Ltd is delighted to announce that its visionary Chairman and Managing Director, Dr. Srinivas Naik Dharavath, has been awarded the prestigious Global Icon Award at the G20 Initiative Summit held in Colombo, Sri Lanka, from November 21-24, 2023.

    The G20 Initiative Summit, organized as part of the Global Economic Forum, was an exclusive gathering that brought together global leaders, policymakers, and industry visionaries. The summit featured a Global Leaders Summit, a Grand Award Function at Colombo Asia’s Biggest Convention Hall, gala dinners with key cabinet ministers, and provided a unique opportunity for delegates to interact with influential leaders, fostering recognition on a global scale.

    This year’s summit held particular significance as it commemorated the 200-year anniversary of the arrival of Indians to Sri Lanka. The United Nations expressed solidarity, acknowledging the contributions of the community while addressing the historic and ongoing challenges they face. The UN supported the community’s pursuit of recognition, justice, and equality, applauding government efforts to extend meaningful citizenship and ensure that no one is left behind. The hashtag #NAAM200 symbolized this commemoration.

    Dr. Srinivas Naik Dharavath, expressing his gratitude, stated, “It’s a great privilege to receive this award, especially in the midst of such a historic event. The exclusive invitation to the residence for high tea with Hon. Deshabandhu Karu Jayasuriya, the First Citizen of Sri Lanka, added a personal touch to the experience. His distinguished political career and leadership in various capacities reflect the shared values of our nations.”

    Hon. Deshabandhu Karu Jayasuriya, Speaker of the Parliament of Sri Lanka, and esteemed guest at the summit, hosted an exclusive high tea at his residence. Dr. Srinivas Naik Dharavath shared this intimate setting with the First Citizen, gaining insights into the political landscape of Sri Lanka and reinforcing diplomatic ties between the two nations.

    Hon. Deshabandhu Karu Jayasuriya, an influential figure in Sri Lankan politics, has held key positions such as Mayor of Colombo, Minister of Power and Energy, Minister of Public Administration and Home Affairs, and Minister of Buddha Sasana, Public Administration, and Democratic Governance. He has been a Member of Parliament since 2001, representing the Gampaha District.

    As Speaker of Parliament, Hon. Jayasuriya also serves as Chairman of the Constitutional Council and has made significant contributions to Sri Lanka’s diplomatic relations, having served as Sri Lanka’s Ambassador to Germany.

    Real Vision Homes Pvt Ltd congratulates Dr. Srinivas Naik Dharavath on this momentous achievement and looks forward to continuing its trajectory of success under his visionary leadership.

    In addition to Dr. Srinivas Naik Dharavath’s remarkable achievements, Real Vision Homes Pvt Ltd takes immense pride in the recognition bestowed upon Dr. Srinivas Naik Dharavath, the Managing Director and Chairman of the company, who was honored with the Global Icon Award at the G20 Initiative Summit in Colombo, Sri Lanka. Dr. Srinivas Dharavath Naik, a distinguished leader and accomplished professional with over two decades of experience in the real estate industry, stands out for his visionary approach and unwavering dedication to transforming the sector. Hailing from Suryapet, Telangana, Dr. Srinivas Naik Dharavath has played an instrumental role in revolutionizing the real estate landscape, introducing innovative concepts and pursuing ambitious initiatives that have positioned Real Vision Homes Pvt Ltd as a trusted name in the industry. His commitment to integrity, coupled with a deep understanding of the market, has been pivotal in the company’s success, further solidifying its reputation as the fastest-growing real estate company of 2023, as recognized by the Times of India. Real Vision Homes Pvt Ltd congratulates Dr. Srinivas Naik Dharavath on this well-deserved honor and looks forward to continued success under his dynamic leadership.

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  • Unlocking the Power of Nestaway Ratings: Tenant Experiences and Insights

    Unlocking the Power of Nestaway Ratings: Tenant Experiences and Insights

    New Delhi (India), December 12: Nestaway’s decision to share tenant ratings and reviews highlights their commitment to transparency in the home rental market. This move is crucial in an ever-changing industry, as it allows prospective renters to make more informed decisions with confidence. By opening up about tenant experiences, Nestaway not only provides valuable insights but also creates a sense of trust and satisfaction among its residents. It’s not just about finding a place to live; it’s about tailor-made havens that cater to individual needs. This unveiling demonstrates the company’s dedication to accountability, transparency, and an enhanced tenant experience, setting a new industry standard.

    Nestaway Acquisition  

    After the Nestaway Acquisition, the te­nant experience underwent a significant transformation. This was evident in the improved Nestaway ratings. The integration of Nestaway’s rental expertise and Aurum Proptech’s innovative property technology approach created a harmonious blend that increased tenant satisfaction. By bringing in new resources, technology, and a shared commitment to excellence, Nestaway was able to enhance its services, streamline processes, and cater to the specific needs of its diverse tenant base. This Nestaway sold out not only strengthened its position in the market but also established a culture of continuous improvement. The goal is to provide unique sanctuaries that satisfy the evolving needs of modern tenants, rather than just a place to stay.

    Nestaway Ratings

    Nestaway ratings are a strong, detailed system covering different parts of a renter’s life. From property amenities to landlord responsiveness, Nestaway ratings reflect the holistic satisfaction of tenants.

    The ratings look at certain things. Like how the property is, the ease of location, the safety of the neighborhood, and how quickly the Nestaway reliable team responds.

    A Glimpse into Tenant Experiences

    Nestaway ratings aren’t simply numbers. They reflect the stories and experiences of people who stayed in Nestaway good residencies. Feedback from re­nters gives insightful knowledge, offering future tenants a glimpse into life in Nestaway good houses.

    A common point of feedback is the effortless move-in process the company offers. Re­nters appreciate the Nestaway reliable app for being easy to use and its streamline­d digital methods, making settling into the­ir new places a breeze.

    Another noteworthy aspect is Nestaway’s commitment to maintenance and prompt issue resolution. The Nestaway reviews highlight instances where maintenance requests were swiftly addressed, emphasizing the company’s dedication to ensuring that homes are not just spaces but comfortable places to live.

    The Power of Community Insights

    Nestaway ratings are more than just individual experiences. It’s an effort run by the Nestaway community that builds trust and responsible behavior. By telling others about their experience, renters add valuable knowledge to a collective source. This forms a community where people exchange thoughts and solve problems together.

    Future re­nters can use all this data to grasp each Nestaway property’s distinct features.

    Continuous Improvement Through Feedback

    The company understands the importance of constantly striving for improvement. The ratings and Nestaway review play a dual role: they act as a helpful guide for prospective tenants and also provide valuable feedback to the Nestaway platform. The platform actively utilizes this feedback to enhance its services, address any areas for improvement, and ultimately elevate the overall tenant experience. With a commitment to continuous enhancement, the Nestaway platform values the input of its users and actively seeks ways to make the renting experience even better.

    “Feedback is a crucial part of our growth. We appreciate the honesty of our tenants and view it as an opportunity to evolve and better serve our community,” says Jitendra Jagadev, CEO, Nestaway.

    Empowering Tenants to Make Informed Decisions

    In an era where information is key, Nestaway’s decision to unlock the power of its ratings aligns with a broader commitment to transparency and user empowerment. Prospective tenants can now navigate the platform with valuable insights, ensuring they select a home that aligns with their unique preferences and expectations.

    Conclusion 

    Nestaway takes a significant step in promoting openness and transparency in the rental industry. With positive ratings and tenant insights, they empower individuals to make informed decisions about their living spaces. This decision reflects Nestaway’s commitment to creating homes that cater to the unique needs and aspirations of their diverse community of tenants, rather than just providing houses.

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  • Toycel Unveils Premium And Eco-Friendly Alternatives For Children Of All Ages

    Toycel Unveils Premium And Eco-Friendly Alternatives For Children Of All Ages

    The leading brand of wooden toys in India, Toycel is proud to announce its commitment to providing the highest quality eco-friendly products to customers around the world. 

    “My passion for skill and development motivated me to embark on a transformative journey that led to the creation of Toycel. Just when I had decided to eliminate plastic toys from my kid’s playtime, I began crafting personalized toys for him. Little did I know that this endeavor would lay the foundation of Toycel,” says Anjana HS, a visionary MSc Graduate and the founder and CEO of Toycel.

    Toycel features a range of traditional games, traditional dolls, educational toys for preschool and toddlers, toys for development, special characters, and customized products for children of all ages. Over the years, the brand has forged successful partnerships with over 500 artisans. It has empowered them with a platform to showcase their skills and contribute their part to the growing wooden industry. 

    The touch, warmth, and look of a wooden toy make important features parents value in a market predominantly of plastic. There are not too many wooden technological toys out there yet. Toycel understands this creative potential gap, unlike most toy companies out there. The brand believes in creating toys that combine the latest designs and developments in technology and wood to deliver a new generation of toys for its customers.

    “We are dedicated to infusing industry-relevant skills into every aspect of our creations,” says the Founder and CEO of Toycel. “We are not just a toy brand but a pioneer in what we call the Toyconomy. We are not just crafting toys but also taking great strides in laying the foundation of a sustainable and joyful future for the generations to come,” finishes Anjana HS. 

    Toycel’s commitment to excellence in crafting eco-friendly and sustainable alternatives to children’s toys makes it a beacon in the Indian toy market. Toycel provides a diverse range of wooden toys tailored for children from newborns to 12 years old. The founder and CEO of Toycel, Anjana HS, strives to eliminate plastic toys from kids’ playtime by designing personalized toys for a physically active and meaningful experience. 

    Toycel has established a continuous learning process through which it exactly connects the demand and supply of eco-friendly wooden toys. The company trains and creates entrepreneurs in toy making and customization. Since its inception, the company has established a strong sourcing channel of manufacturers through a unique and customizable ecosystem.

    About Toycel

    Toycel is a leading brand that sells toys and gifts directly procured from manufacturers in tier 2 cities by providing them with logistics, branding, and marketing support. The brand empowers women and artisans in these regions with proper training support to establish their small businesses.

    Headquartered in Bengaluru, Toycel operates on a unique company model, collaborating closely with artisans in Karnataka to bring forth the latest designs and concepts in the realm of wooden toys. Incubated at NSRCEL-IIBM and NASSCOM and recognized award winners of Start Up Karnataka, Toycel delivers toys with original designs and unique functionalities to the current generation of children. What sets Toycel apart from its competitors is its commitment to sustainability and skill development. 

    About Anjana HS

    Anjana HS is an MSc graduate and the visionary who founded Toycel. She is passionate about the Make in India campaign and loves to spend time with kids. She wishes to revolutionize the toy industry in India by utilizing the abundant wooden resources in the country to make wooden toys that would replace plastic ones.  

    Anjana HS and her team of passionate designers work tirelessly to foster a connection between contemporary design and traditional craftsmanship to establish Toycel as a household name in the industry.

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