Tag: Business

Mumbai (Maharashtra) [India], June 26: PKH Ventures Ltd – a leading corporate group engaged in the business of construction & development, hospitality and management services, plans to raise up to Rs. 379.35 crores from its public issue to fund expansion plans. The company plans to use issue Rs. 124.11 crore from issue proceeds for equity investment in Halaipani Hydro Power Project, Rs. 80 crore towards equity investment in a subsidiary company, Garuda Construction, for funding working capital requirement, Rs. 40 crores for pursuing inorganic growth opportunities through acquisition and other strategic initiatives and general corporate purposes. The public issue opens for subscription on June 30 and closes on July 4, 2023. The company’s shares will be listed on the BSE & NSE.

The initial public offering of up to 2,56,32,000 equity shares of face value Rs. 5 each comprises of fresh issue of up to 1.82 crore equity shares and an offer for sale of up to 73.73 lakh equity shares by the promoter group. The company has fixed a price band of Rs. 140-148 per equity share for the public issue (including a premium of Rs. 135-143 per equity share). The company plans to raise up to Rs. 379.35 crores from the public issue at the higher price band of Rs. 148 per share. The minimum lot size for the application is 100 shares and multiple thereof. Retail investor and HNI quota for the IPO is kept at not less than 25% and 15% of the issue, respectively, while QIB quota is kept at a maximum of 50% of the issue.

Mr Pravin Kumar Agarwal, Promoter, Chairman and Managing Director, PKH Ventures Ltd, said, “Company is progressing well on its long-term growth roadmap and has delivered a robust operational and financial performance over the years and is committed to improving growth numbers going forward. We are confident that after the proposed public issue, we will be able to execute our growth strategy in a manner that creates exponential value for all stakeholders. Proceeds of the issue will further strengthen the company’s balance sheet and help fund its strategic growth initiatives.”

Incorporated in 2000, PKH Ventures Limited is engaged in the business of Construction & Development, Hospitality, and Management Services with an established track record and follows an asset-light model for the civil construction business. The company executes Civil Construction works for Third Party Developer projects through its Subsidiary and construction arm, Garuda Construction. Third-party order book as on March 2023 stands at Rs. 468.27 crore.

The company has been awarded two Govt Projects, viz., Hydro Power Project, Nagpur Project and three Govt Hotel Development Projects, viz., Rajnagar Garhi Project, Pahadikhurd Project and Tara Resort Project, being executed through Subsidiaries/SPVs/ Company. The company owns or manages three hotels, including a resort, five restaurants, four banquets and two spas in Mumbai & nearby areas. The company is proposing to develop its own development projects, which include real estate development at Amritsar, Punjab, a food park at Jalore, Rajasthan, a cold storage park/facilities at Indore, Madhya Pradesh and a wellness center & resort at Chiplun, Maharashtra. The financial performance of the company has exhibited considerable progress over the years, demonstrating growth and stability. For FY21-22 company reported a total income of Rs. 245.40 crores and a net Profit of Rs. 40.51 crores. For the nine months ended December 2022, the company reported a total income of Rs. 155.03 crore and earned a net profit of Rs. 28.63 crore. As on March 2022, the Net worth of the company stands at Rs. 327.38 crore, Total Assets at Rs. 1,102 crore and Reserves & Surplus at Rs. 295.69 crores.

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New Delhi (India), June 26: In an exciting development for the education technology (EdTech) industry; Class24, a promising EdTech startup, has announced successful completion of Pre-series A round of funding at a valuation of USD 10 Mn led by Plutus Wealth Management LLP and its Managing Partner, Mr Arpit Khandelwal.    

Founded by Mr Bhunesh Sharma in July 2022; Otsadda Private Limited (www.Class24.study )  is a hybrid learning platform which provides online & offline learning solutions to k12, competitive exams / test preparation and skill development aspirants. Previously, Bhunesh had co-founded Wifistudy (one of the largest educational youtube channel in Asia) which was acquired by another leading edtech company in 2018. 

This achievement marks a significant milestone in the company’s journey which is poised to accelerate its expansion plans and further enhance its innovative tech backed solutions/platform to shape the future of education in India. The funds will be instrumental in fuelling product development, expanding offline schools & colleges network/collaborations, and attracting top talent to drive innovation.   

“Traditional educational models have often struggled to adapt to the changing needs of students and educators. As a result, innovative startups like class24 have emerged to bridge the gap between traditional education and technological advancements, offering a range of accessible and personalised learning experiences/solutions that empower learners and teachers alike. Unlike its peers, Class24 has been rapidly scaling up in just 1 year owing to its sharp focus on in-house training, premium content, strong internal processes & systems instead of basing the company’s foundations on only Educators. Currently, Class24 has reached over 1.3 million students app downloads in just 1 year” stated Mr Bhunesh Sharma, Founder & CEO of Class24 

“Class24 is well placed with its experienced team, sustainable expansion strategy and win-win approach for its partners to scale up aggressively in edtech in India. We are excited to participate with the highly seasoned team of Class24 in its transformative tech based journey” stated Mr Arpit Khandelwal, Managing Partner at Plutus Wealth Management LLP.

http://www.class24.study

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New Delhi (India), June 26: Nidhi Agarwal is one of the most renowned spiritual healers and transformational teachers in India. She started her journey as an energy healer in 2006, following which she launched “The Enchanted Life” in 2012. She primarily uses Pranic healing techniques to heal patients and other healing modalities such as meditation, tarot card, numerology, angel healing, and crystal healing to help people live happy, balanced, and energized life. 

“I always felt a calling towards connecting and helping souls; over the years, I have used different meditation and energy healing techniques to treat illnesses, relationships, and work with patients on a physical, mental, emotional, and spiritual level, on an unconscious and conscious level,” says Agarwal. In 2012, when she started Enchanted Life, it was a small group of spiritual healers who got together and used different modalities to heal patients and those who connected with them. Over the years, Enchanted Life has expanded from in-person consultations to online/telephonic consultations. They have had hundreds of clients over the years, and their clients range across different age groups and personal and corporate sessions spread across the world, including the US, UK, Australia and more. 

One of the key energy processes used by Agarwal is also placement of crystals according to the energy of her client’s home and workspace. Agarwal uses energy analysis to assess and then give the required crystals. Through Enchanted Life’s workshops, mandala paintings are done by chanting mantras and placing these crystals in the paintings for healing purposes. These are customized according to the client’s space and requirements. 

Presently, Agarwal has been closely associated with business houses across India, where she regularly conducts curated sessions with employees to help them identify tools that can be used to cope better with stress, long hours and long work cycles. She introduces them to concepts such as mindfulness meditations, deep breathing and other required energy-healing processes to improve the lifestyle and productivity of the organization.

“While I use different modalities of energy healing, I work on each individual personally to identify the best technique suited for them. It’s not just me doing pranic healing for them or showing them how to meditate or suggesting what crystals to wear, that’s part of what I do, but I also make sure to speak to all my clients on a one-on-one basis,” says Agarwal. She is an avid traveler and when she is not busy running her side business and Enchanted Life, she travels regularly, visiting spiritual places across India, including Leh-Ladakh, a place where she feels spiritually energized and grounded. 

To follow and connect with Nidhi on social media, visit: 

https://www.linkedin.com/in/nidhi-agarwal-09b983279

http://Instagram.com/Enchanted_Life_by_NidhiAgarwal

https://www.facebook.com/EnchantedLife

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Mumbai (Maharashtra) [India], June 26: Get ready to immerse yourself in the world of home decor at the prestigious Jio World Convention Centre in BKC, Bandra, Mumbai, from 4th to 7th July 2023, as the Association of Home Textiles (AHT) presents India’s largest gathering for home decor enthusiasts, the Home-Decor Expo.

Organised by AHT, an esteemed association that brings together 15,000 manufacturers, retailers, wholesalers, and traders, this highly anticipated event promises to be an unparalleled platform for industry professionals and home decor enthusiasts alike. 

With an extensive selection of curtains and upholstery fabrics on display, the expo caters to dealers, manufacturers, retailers, wholesalers, traders, and channel partners seeking the latest trends and innovations in home decor.

Mr. Shantibhai Shah, Chairman of the Association of Home Textile, expressed the vision behind the event, stating, “The Association of Home Textiles aims to create a community that supports and uplifts the entire Home Decor Industry. We strive to bring together Association members for healthy interactions and reach an understanding with the government on textile-related policies.”

Emphasizing the need for a platform that combines creativity and business, Mr. Chirag Mehta, President of the Association of Home Textile, added, “People are investing their hearts and souls into making their living spaces unique. That’s why the Association of Home Textiles is organizing the Home Decor Expo, bringing home furnishing brands together under one roof. Join us from 4th to 7th July 2023 at Jio World Convention Centre, BKC, Mumbai.”

Various invited ministers are – Chandrakant Dada Patil, Cabinet Minister of Maharashtra of Higher Education and Technical Education & Textiles, Parliamentary Affairs, State Border Defence, Rahul Narvekar, Speaker of Maharashtra Legislative Assembly, Mangal Prabhat Lodha, Cabinet Minister of Maharashtra of Tourism, Skill Development, and Entrepreneurship, Shri. Uday Samant ji, Cabinet Minister of Industries, Shri. Atul Save ji, Cabinet Minister of Co-operation, and Shri. Ramesh Bais ji, Governor of Maharashtra.

Adding to the excitement, several renowned celebrities have confirmed their presence at the event. Ameesha Patel, Disha Patani, and Tiger Shroff will grace the Home-Decor Expo with their star power, adding a touch of glamour to this remarkable gathering.

The Home Decor Expo is being organised by D-Cube Exhibitions under the visionary guidance of Mr Jignesh Dedhia, Founder and CEO of D-Cube Exhibitions & Director of Ravechi Lifestyle and Mr Milin Shah, Director of Sarom Fab Private Ltd.

D-Cube Exhibitions serves as the organising partner and brings a wealth of past professional experience to make the event a success. 

With an estimated footfall of 15,000 to 17,000 visitors, the Home-Decor Expo is set to be a grand success. Attendees can expect a vibrant showcase of home decor solutions, inspiring designs, and unparalleled networking opportunities.

In addition to the diverse range of curtains and upholstery fabrics, the Home-Decor Expo will also feature exclusive seminars and workshops conducted by industry experts. These sessions will provide valuable insights into the latest trends, techniques, and innovations in the field of home decor. Attendees will have the opportunity to learn from renowned experts and gain a deeper understanding of the industry.

Furthermore, the expo will host an exclusive B2B networking platform, enabling industry professionals to connect, collaborate, and establish valuable business relationships. This platform will serve as a catalyst for the growth and development of the home decor sector, facilitating trade and fostering partnerships.

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New Delhi (India), June 26: The Ancient Times, founded by Mr. Hussain Owais Sabir at Bangalore, India, in 2016. Registered under RNI Government of India and published in multi-language including English and Kannada editions, and circulated as a weekly newspaper.

Initially, The Ancient Times’ first editions consisted of 200 copies, which Mr. Hussain Owais Sabir personally distributed to various locations such as Courts of Justice, Government Offices including Vidhan Sabha and Vikasa Soudha, and numerous other official establishments. In the beginning, he faced challenges in ensuring the widespread readership of the newspaper. However, his objective was to establish The Ancient Times as a platform to represent society’s voice and disseminate authentic news to individuals from all walks of life.

Following a focus on circulating the offline newspaper to different cities, Mr. Hussain Owais Sabir recognized the evolving nature of modern society and the growing influence of technology. In response, he launched the online website www.theancienttimes.news. This move resulted in an immediate expansion of the newspaper’s reach, covering audiences worldwide. With Mr. Hussain Owais Sabir leading the charge, he effectively promoted The Ancient Times, attracting a significant number of individuals who now actively contribute to the newspaper’s success.

Over time, as the website was introduced, the audience of The Ancient Times began to grow steadily, with increasing interest in the news content and articles published on the platform. Mr. Hussain Owais Sabir, thinking outside the box, devised a method to enhance the user experience by implementing a convenient scrolling feature for articles, ensuring that viewers remained up-to-date with the latest news. Additionally, he launched an app called The Ancient Times, which is currently available for Android users on the Google Play store. Looking ahead, he has plans to release another app specifically designed for iOS users.

Employing creative thinking, he conceived a distinctive concept aimed at turning society into a network of reporters. This idea empowered ordinary citizens to gather news from their surroundings and publish it under their own names. It provided a platform where common individuals, for the very first time, could benefit by sharing their articles, news, and advertisements through a web portal. The website featured a personal login option, enabling users to publish their contributions directly. This unusual yet innovative approach opened up new opportunities for individuals to actively participate in journalism.

By actively engaging on social networking sites, he regularly publishes live news and articles. This approach has attracted a substantial number of readers and led to a rapid increase in followers from various countries worldwide, including the USA, UAE, Canada, Hong Kong, Philippines, Uganda, and Singapore. Furthermore, he has generously offered internships to numerous students hailing from different colleges across cities.

With a vision to position his newspaper among the top publications in the country, he aspires to publish The Ancient Times on a daily basis in significant quantities. However, this plan is currently hindered by limited financial resources. To overcome this obstacle, The Ancient Times welcomes sponsors who can contribute to the daily publication of the newspaper, ensuring a wider reach and providing more job opportunities to viewers and individuals seeking employment.

His beliefs are not limited to his current achievements; in fact, they are profound and purposeful. He firmly holds the belief that “Time and Health are two precious assets that we don’t recognize and appreciate until they have been depleted.” Guided by this conviction, The Ancient Times consistently strives to inform and educate the public well in advance, be it through breaking news or insights on food. With this mindset, Mr. Hussain Owais Sabir made the decision to organize Food Awards, recognizing and highlighting noteworthy contributions in the culinary realm.

Moreover, Mr. Hussain Owais Sabir actively promotes the wisdom of Dr. Seuss, who once said, “The more that you read, the more things you will know, the more that you learn, the more places you will go.” Inspired by this sentiment, he also involves himself in other endeavors, such as sponsoring Education Awards for schools and colleges. This initiative aims to inspire and motivate the future generation, encouraging them to pursue greater heights in life.

In addition to his efforts to broaden his audience, he is currently working on the publication of The Ancient Times magazine, which will feature fresh content aimed at providing valuable information to society. This magazine is scheduled to be launched in July 2023 in Bangalore, further enhancing the reach and impact of The Ancient Times.

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New Delhi (India), June 24: In an era defined by pressing environmental challenges, the Save Earth Mission, led by Sandeep Choudhary, has emerged as the world’s biggest mission. With its ambitious goal of eradicating carbon emissions from the planet by 2040, this global movement is dedicated to creating a sustainable and eco-friendly future for Earth. Let’s explore why the Save Earth Mission holds such prominence and what makes it a force to be reckoned with.

The Save Earth Mission stands apart due to its unmatched scale and worldwide reach. With millions of dedicated participants spanning countries, cultures, and backgrounds, this mission has rapidly grown into the fastest-growing community committed to combating climate change. Operating in 69 countries, the Save Earth Mission showcases its global presence and its ability to connect people across borders in pursuit of a sustainable future. Its global community of 10 Million+ people demonstrates the significant scale of its movement. Furthermore, the mission targets to achieve a community of 1 Billion people in the coming 3 years, highlighting its aim to mobilize even more individuals in the fight against climate change.

At the heart of the Save Earth Mission lies its audacious objective: to achieve carbon neutrality by 2040. This ambitious target is grounded in a comprehensive plan that encompasses multiple aspects of sustainability, ranging from energy transition to waste management and conservation. The mission’s goal to achieve World Netzero Carbon emissions by 2040 showcases its dedication to addressing climate change on a global scale. By setting such an ambitious goal, the mission challenges the status quo and encourages society to take immediate and decisive action to protect our planet.

What sets the Save Earth Mission apart is its multi-faceted approach to addressing the challenges of climate change. Sandeep Choudhary and his team recognize that combating carbon emissions requires a holistic strategy. Consequently, the mission focuses on various fronts, including renewable energy adoption, sustainable transportation, circular economy practices, and reforestation efforts. This comprehensive approach ensures that no aspect of sustainability is overlooked, enabling the mission to make a profound impact. The mission’s dedication and commitment are clear: they will not stop until they achieve their goal.

The Save Earth Mission has garnered significant support from international leaders, organizations, and celebrities who share a common vision for a sustainable future. Through strategic collaborations and partnerships, the mission has amplified its reach and influence. This global support serves as a testament to the urgency and relevance of the mission’s objectives, transcending geographical boundaries and uniting diverse stakeholders in a common cause.

The Save Earth Mission has successfully organized impactful events and initiatives that raise awareness, drive action, and inspire change. These events serve as platforms to showcase innovative solutions, share knowledge, and mobilize resources towards sustainable development. The upcoming event in Ahmedabad, India, promises to be a momentous gathering, featuring renowned personalities, global celebrities, and musicians who will lend their voices to the mission’s cause, further fueling its momentum.

One of the most remarkable aspects of the Save Earth Mission is its emphasis on individual empowerment. The mission recognizes that meaningful change begins with each person’s actions and choices. By promoting sustainable practices in daily life, encouraging eco-friendly habits, and providing resources for education and engagement, the mission enables people to become agents of change in their communities. This focus on individual empowerment is pivotal to driving widespread transformation and creating a sustainable future.

Conclusion:

The Save Earth Mission, led by Sandeep Choudhary, has earned its reputation as the world’s biggest mission due to its unmatched scale, ambitious goals, global support, and multi-faceted approach. By uniting millions of individuals, organizations, and governments in a shared commitment to combat climate change, the mission has become a powerful force driving the transition.

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New Delhi (India), June 24: A fitness trainer and nutritionist Sheetal Aandhale from Navi Mumbai won the gold medal in an international bodybuilding competition and grab the title “Runway Model“ in South Korea 

Sheetal Aandhale represented team India in ICN Universe natural bodybuilding competition, held in Seoul, South Korea, in June 2023. The best athletes from all over the globe were selected for this competition.

Being an INFS-certified clinical nutritionist, she runs a well know online fitness training institute, “MESTRONG” which promotes a healthy lifestyle to people who don’t have access to the gym because of many reasons. She promotes home-cooked food through her diet. According to her, fitness is not only limited to fat and thin bodies. It’s all about physical and mental peace and health. “MESTRONG” is helping out women overall the globe to reach their respective fitness goals.

Sheetal started her fitness journey in  2013. Since then, she also won a National Gold Medal in powerlifting in 2018. She was felicitated by the former chief minister of the state. During her competition, she had a knee injury because of which she had to slow down her practice, but with her discipline and regular rehab exercises, she overcame this hurdle, and after having a third child in 2020, she again won the gold medal in ICN Mumbai classic bodybuilding competition in 2022.

Sheetal Aandhale is the mother of three, and after three c-sections at the age of 40, she is giving great fitness motivation to those women who think that “ it’s too late now!” 

Sheetal Aandhale is also show stopper model with Getty Images Co.

Sheetal is setting an example of a perfect woman by balancing kids, home alone with her physically challenging job.

She believes there is nothing without hard work and discipline.

“MESTRONG by Sheetal Aandhale “ is setting a new benchmark in the fitness industry!

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Mumbai (Maharashtra) [India], June 24: Bollywood fans get ready for a cinematic experience. Omkar Melodies Film Production Goa’s much-awaited film “Sirf Money” is all set to take the audience on an exciting journey; with the Bollywood film industry, power of money, human emotions, ensemble cast, a gripping storyline and enthralling music, “Sirf Money” is all set to enthral the audience when it releases in theatres nationwide on 4th August 2023.

Written & Produced by Satyawan Naik and directed by acclaimed film director Jitendra Keer, “Sirf Money” tells the story of an aspiring small-town budding actress who aspires to make a career in Bollywood and overcomes many challenges to land her lead role. 

The film “Sirf Money” already received Iconic Bharat Gaurav Puraskar 2023 and was highly appreciated at Film Bazaar Goa.

The film has a new and old star cast, with Apoorva Anand and Sudesh Berry in the lead, Apoorva playing the role of Rangeeli and Sudesh Berry playing the role of a businessman named Vikram.

“Sirf Money” is not just a run-of-the-mill Bollywood film. It seamlessly blends drama, romance, mystery and some educational elements, which is expected to keep the audience glued to their seats throughout the film. The screenplay written by Satyavan Ji is excellently crafted, which is sure to keep the audience glued to their seats. Takes you on an emotional rollercoaster that challenges notions of morality.

The film is over the top, with Jitendra Acrekar’s breathtaking cinematography capturing the grandeur and grandeur of both the real and the underground world. The talented team of Omkar Melody Film Production Goa has carefully crafted each frame, creating stunning visuals that will leave the audience in awe.

The music of “Sirf Money”  is another highlight, with the soundtrack sung by acclaimed singer Satyawan Naik & Music composed by Babli Haq, Vardhan Singh and Shabab Sabri. The songs range from romantic ballads to foot-item numbers that go perfectly with the story of the film, which further enhance the overall viewing experience.

Producer Satyavanji expressed great enthusiasm about the upcoming release saying, “Just Money is indeed a good film to watch, especially for those who want to know some truth about the new actresses of Bollywood, who come to Mumbai from small towns to pursue a career in films. We have assembled an extraordinary cast and crew who have poured their heart and soul into this project. We are confident that the film will resonate with audiences and create a lasting impact.”

The media promotion and release of the film have been handled by RRIM Media. Mr. Rajat Roy, CEO of RRIM Media, says, “With its intriguing storyline, exceptional performances and brilliant direction by Jitendra Keer, “Sirf Money” is all set to be a Bollywood blockbuster. Promises to keep the audience on the edge of their seats.

Get ready to get immersed in this thrilling cinematic experience when “Sirf Money” releases in theatres nationwide on 4th August 2023.

For Advertisement, press enquiries, interviews,  promotional material or filmmaking, please contact

RRIM Media 

Rajat Roy 

Whatsapp: +91 8981812014

Email: rrimonline@gmail.com 

www.instagram.com/rajatroy_ib

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A.C.Patil College of Engineering, Kharghar

New Delhi (India), June 24: A.C. Patil College of Engineering, located in Navi Mumbai, has achieved remarkable milestones in the Times All India Engineering Institutes Ranking Survey 2023. The college takes immense pride in its well-deserved rankings, highlighting its unwavering commitment to excellence, innovation, and a relentless pursuit of knowledge. At A.C. Patil, the belief in the power of “Everything + Imagination” resonates strongly, fostering limitless possibilities, nurturing creativity, and empowering students to go beyond the conventional.

The college extends heartfelt congratulations to all the stakeholders who have contributed to this remarkable success. With an invitation to parents and students to embark on an extraordinary journey, A.C. Patil College of Engineering aspires to continue inspiring, innovating, and redefining engineering education.

A.C. Patil College of Engineering has emerged as one of the top institutions in the country, as showcased by its recent rankings. Securing the 57th rank in the Top 170 Engineering Institute Ranking 2023, the college underscores its commitment to providing high-quality education. Additionally, it has achieved the 54th rank in the Top 125 Private Engineering Institute Ranking 2023, solidifying its position as a leading private institution. Recognizing its research capabilities, the college was honored with the 28th rank in the Top 30 Institute for Research Capability. Furthermore, its exceptional performance earned the 17th rank in the Western Region-wise Ranking. These rankings serve as a testament to the college’s dedication to providing an exceptional educational experience.

A.C. Patil College of Engineering prides itself on its unwavering commitment to excellence. Renowned educators, industry experts, and researchers constitute the faculty, ensuring the delivery of comprehensive knowledge and guidance to shape the engineers of tomorrow. The college boasts state-of-the-art infrastructure, well-equipped laboratories, and advanced learning resources, creating an environment conducive to holistic development. A.C. Patil places equal emphasis on theoretical knowledge and practical implementation, equipping students with the skills necessary to thrive in the professional world.

The college’s ideology centers around embracing limitless possibilities. A.C. Patil College of Engineering encourages students to surpass conventional boundaries and nurtures their creativity. By combining “Everything + Imagination,” the college empowers students to explore new avenues, embrace innovation, and make a positive impact on society. It provides a platform for students to develop critical thinking, problem-solving abilities, and the entrepreneurial mindset required to succeed in today’s dynamic world.

The remarkable achievements in the rankings owe credit to the collective efforts of the students, faculty, staff, and parents associated with A.C. Patil College of Engineering. The college extends its heartfelt congratulations to all stakeholders who have contributed to this success. Moving forward, A.C. Patil remains dedicated to inspiring, innovating, and redefining engineering education. By fostering a supportive and nurturing environment, the college aims to instill a passion for learning, foster leadership qualities, and prepare students for the challenges and opportunities that lie ahead.

For parents and students seeking a college that values excellence, nurtures imagination and offers a transformative educational experience, A.C. Patil College of Engineering is the ideal choice. The college invites interested individuals to join them on this extraordinary journey where imagination knows no limits. To learn more about admissions and the comprehensive offerings, please call +91 98203 28271. A.C. Patil College of Engineering eagerly looks forward to welcoming students to a world where aspirations can turn into reality.

At A.C. Patil College of Engineering.

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New Delhi (India), June 24: Exciting developments are now on the horizon for Thore Network as it recently received an official investment proposal in the seed round to fuel the growth of its ThoreCOIN platform. Spearheaded by two private UK investors, this infusion of capital will provide the impetus needed to propel Thorecoin to new heights. ThoreCOIN 2.0 is set to go live within the next quarter, harnessing the immense potential of artificial intelligence (AI) that has been pervading the crypto space. Since its inception in January 2018 as part of the broader Thore project, Thorecoin has strived to provide fast and substantial crypto-based liquidity for various types of investments. 

Recognizing that AI is the future, Thorecoin aims to lead the charge by leveraging the power of AI’s transformative technology. The platform is currently gearing up to make its mark in the burgeoning world of Transaction Finance, offering users the opportunity to save up to 99% on transaction fees. Thorecoin 2.0 encompasses several components, including Thorecoin itself and the in-house Thore exchange. This integration will unite five decentralized finance (DeFi) projects within a single protocol, encompassing loans, staking, transaction mining, and an exchange platform. 

The journey of Thorecoin gained traction in the first half of 2019, propelling it into the ranks of the top 100 coins. This remarkable feat was achieved through its promise of delivering an optimized security token-based solution. Leading the charge is Alok Kumar, also known as Nikstrade, a first-generation crypto investor with over 17 years of experience in global equities trading, technical analysis, and fundamental analysis. Kumar brought his expertise and passion to create the Thorecoin project, entirely self-funded with an investment of approximately 5 crores.

Thore Exchange, a key player in the Thore Network, has ambitious plans for the future. The exchange intends to introduce a clearinghouse later this year, streamlining transactions and facilitating the exchange of payments. In a departure from the traditional custodial model, Thore Exchange operates as a non-custodial exchange or trading platform. Similar to brokerage firms in traditional stock markets, Thore Exchange acts as a facilitator, processing orders from users without directly handling their digital assets.

As the crypto world eagerly awaits the launch of ThoreCOIN 2.0, Thorecoin continues to solidify its position as a formidable player in the industry. With its innovative approach, commitment to optimizing security, and a vision driven by AI technology, Thorecoin and the Thore Network are poised to make a significant impact on the evolving landscape of cryptocurrencies and decentralized finance.

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