Tag: Business

Mumbai (Maharashtra) [India], June 15: India is projected to be the world’s largest economy. Real estate is growing at a steady pace and is bound to grow more in the coming months. Experts like Shravan Gupta, MGF, feel it promises to be a good year for the sector. There are several financial changes that hold the potential to impact the sector. Any financial change has the power to boost or lessen the demand.

The real estate sector is the second-largest growing sector. Every day we see many new buildings and projects rising in every Indian city. This is a sign of progression and promising development for builders and buyers alike. The Value Of the Indian economy has grown around the world. This changing viewpoint has made Real estate more lucrative too. We are seeing a spate of new investors and projects. These have been made possible due to financial changes. Any financial change holds the power to boost real estate and make it a new story. This can play an essential role in the real estate sector.

A Budding Market.

Indian real estate has caught the eye of the world. Every day more and more new commercial and residential complexes are coming up in tier 2 and tier 3 cities. This is a sign of good financial changes in the sector. Some of the benefits are due to the enhanced level of NRI Investment. The land availability is high in tier 2 and 3 cities and attracts many new investments. It has been made possible due to factors like:

– Low lending rate.

– Government plans.

– Affordable housing schemes.

Shravan Gupta, MGF Group says these have proven beneficial in boosting the real estate sector. The benefit of low lending rates has been passed on to new home buyers. 

Low Lending Rates.

Housing loans are being offered at an all-time low rate. A change made possible due to government moves and developers’ incentives. Some Banks offer home loans which are as low as 7%. This has proven critical in drawing new buyers and investors to invest in homes. Shravan Gupta, MGF Group, says it has boosted sales in the housing segment. Today people have more money in hand, and real estate is viewed as a safe bet. Low-interest rates have prompted people to invest in new homes and reap their dividends in future.

Governmental intervention.

Government has several new financial schemes like Awas yojana with the aim of boosting sales. This has increased the funding of many new housing projects. Shravan Gupta, MGF Group, feels this will boost sales and attract new home buyers.

The Future scenario

Indian real estate has grown due to financial changes and its positive impact. A strong economy boosts the demand for new homes and attracts new investors. Real estate market experts are quite bullish about this change. There is a feeling it will continue till the end of a few months. The houses have been more affordable due to enhanced buying power. A scenario which will make real estate the new story of 2023.

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Colliding, expressing, unlocking, adoring,… are cashes of the universally supreme currency, love. And rise to the top of Alpine Peak for managing cashes.

New Delhi (India), June 15: Welcome to the poetic thrills and frills of the Heart-IN-Heart that will take the readers through different emotions of the cashes earning and management — search, click, tensions, joys of being loved, togetherness, hopes, dreams either come true or shattered, heartbreaks, miseries, and catastrophes – and complexities of Two-Hearts.

Embrace the landscape of this brilliant book Heart-IN-Heart inked by outstanding authors — Kiranmala (Yaiphabi) Laishram, She, and Dr Bana Kamila, He. They created an intellectual bonding to be recognised as, She-He, a unique duo with a diverse passion for antithetical extremities, walking on different life paths to create polarised poetic vibes.

While proceeding for the poetic enterprise, Dr Kamila stepped his right foot forward from a point on the 0 to – ∞ path — family yearly income from all sources US$ 5, village pestered by the brutality of the flood, narrow mud road to the village, school thatching unable protect students from the torture of nature, …, and so on – that failed to stop him to Be.

With his scholastic and literary superiority, his foot stepped In-To Harvard for Post-Doc, Utkal University for D. Litt., Santiniketan for Ph.D., …, and continued on; and gained him the Top-Most association with the Nobel Laureate, Nadine Gordimer, and the literary circles of the various VERITAS.

In the Heart-IN-Heart journey, She, the poetess, feels the passion for chilling and forever love, and, He, the poet, feels the passion for love and for loving.

She-He’s feelings vented this Extra-Ordinaire, packed with a romantic feast of 81 poems on 172 pages — with heart-touching preface: Crazy Hearts, Feelings-Hook for each section, Intro-Hook for each poem, and author profile — each better than the other! The readers will be spoiled by the craziness of Life-Romance-Passion.

The collision of the Two-Hearts could grow emotions to be crazier… craziest! 

Two Ones! Two Hearts! Two Mindsets! Two Thoughts!…

Each one, in two, is different, uniquely different, in feelings, touch, passion, intimacy… and never the same.

They bump into, meet or encounter… the polarized waves beat intentionally, incidentally or accidentally. It’s the wonders of the two hearts!

Then, the stories of all the buzzing beats beat — We’re made for each other. We can’t live without others. Or we’re crazy for each other…

What makes the Two-Hearts crazy??

Is it true craziness or transactional craziness???

Such craziness brews complexity in the collision of the Two-Hearts!

It’s like the multiplication table, 2 — 2×1, 2×2, 2×3 . . . complexity in feelings multiplies… to impress each other for keeping on saying the long waited for three magic words — I. Z times.

Is it just the purposeful echo of hypnotism?

Or is it the heartfelt feelings of true …. forever?

That’s Life!

That’s Passion!

That’s Romance! 

But, the ecosphere of love ticks along — the good, the better, the best…, and the ugly.

Wait! You are just a couple of clicks away from being crazy!

Bana Kamila @ All Rights Reserved

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Harshavardhan Chauhaan’s keynote captivates the audience with a vision to adapt and transform.

New Delhi (India), June 15: The recently concluded Etail- Asia’s Premier e-commerce and digital marketing retail summit attracting industry leaders, visionaries, and retail enthusiasts from around the globe. There was a strong representation of retail experts from India and was hosted by Worldwide Business Research (WBR), held on 6-8th June’ 23 in Singapore.  WBR started the eTail conversation in 1999 to create an impactful retail community. Since then, this platform has been fortunate to collaborate with thousands of retailers – from massive Fortune 500 institutions to small, scrappy startups – to deliver tangible and lasting growth to over 20,000 retail leaders. The country simultaneously witnessed another retail gathering Phygital Sundowner which was held on 7th June’23 at Osia Steak, Resorts Sentosa World, Singapore.

Etail Conclave 2023 and Phygital Sundowner witnessed an exceptional turnout, with participants representing various organizations, including established retail giants, innovative startups, and influential thought leaders. The platforms served as a dynamic stage for exchanging insights, fostering new connections, and collectively shaping the future of retail.

Harshavardhan Chauhaan, VP, Chief Marketing & Omnichannel Officer – Spencer’s Retail & Nature’s Basket, delivered an inspiring keynote at Etail Asia along with other esteemed industry experts, shedding light on the latest trends, challenges, and opportunities within the retail landscape. His thought-provoking vision for the industry left attendees inspired and equipped with valuable insights to drive their businesses forward. With a background in Computer Science Engineering and a track record of two decades of success in retail, eCommerce, and consumer business, Harshavardhan’s keynote presented a wealth of experience and a clear vision to revolutionize the sector.

Harshavardhan quips, “Etail Conclave 2023 and Phygital Sundowner surpassed my expectations, and we are thrilled with its positive response. Events like these are the need of the hour as they provide a platform for industry leaders, innovators, and retail enthusiasts to come together and shape the future of retail.”

The conclave (Etail) featured a series of interactive panel discussions led by industry veterans, covering a wide range of topics, including digital transformation, sustainable practices, experiential retail, and consumer behaviour. Attendees actively participated, sharing their experiences, perspectives, and best practices, resulting in lively and productive discussions. Attendees at Phygital Sundowner had an opportunity to explore and experience first-hand the latest advancements shaping the retail industry, creating a truly immersive and inspiring environment.

Harshavardhan adds, “Sustainability lies at the core of my vision for South Asia’s retail industry. I strongly recommend eco-friendly practices, reduced carbon footprint, and ethical sourcing and production. By encouraging retailers to embrace sustainable materials, energy-efficient operations, and responsible waste management, I aim to build an environmentally conscious and socially responsible ecosystem. Both the events had an extensive networking opportunity, enabling attendees to connect with like-minded professionals, forge valuable partnerships, and explore collaborative ventures.”

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Coming soon on Jio Cinema: Digikore Studios’ The Fundraising Show Season 1​

New Delhi (India), June 15: Digikore Studios, a company that aces in production and post-production for Streaming, TV, Film, Commercials, and Virtual Production, has expanded its operations with new production facilities and is all set to produce “The Fundraising Show” which is the world’s most unique OTT series for raising money for your business. The show will be taking off on OTT giant Jio Cinema.

“The Fundraising Show is the first show of its kind in India where we will let the viewers invest while they watch the show. So many of the millions of viewers watching The Fundraising Show get an opportunity to invest as little as 1 lakh rupees in companies of participants,” said Abhishek More, the Founder and CEO of Digikore Studios.

“Investing in startups is a dream of millions of Indians, but they do not know how to go about it. The Fundraising Show will provide a great opportunity for millions of Indians to become Angel Investors and reap the benefits of investing in startups,” added More.

Digikore Studios is renowned for its work for global production majors, including Disney, Marvel, Netflix, Apple, Amazon, Warner Bros. etc. and has been involved in the production and post-production of tentpole Films and Episodic including Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Deadpool, Star Trek, Jumanji, Stranger Things, The Last Ship and several more.

Moving into the niche of production, Digikore Studios is known for unparalleled creativity. Their attention to detail, meticulous production values, and commitment to pushing the boundaries of visual storytelling ensure that every frame is a work of art. 

Complementing this creative force is Jio Cinema, a trailblazing OTT platform that is known to be the epitome of cinematic excellence and stands tall as the undisputed champion of the entertainment world. With its groundbreaking features, unparalleled content library, and unwavering commitment to delivering an immersive viewing experience, Jio Cinemas has redefined how we indulge in the realm of on-demand entertainment.

The exemplary union of Digikore Studios, an exceptional production company, and Jio Cinemas, a groundbreaking OTT platform, sets the stage for an extraordinary show destined to captivate audiences. This collaboration emerges as the epitome of entertainment prowess, promising a spectacle that will resonate with nationwide viewers. 

For more information, visit – https://www.thefundraisingshow.com/

Connect with us on our social media platform – https://www.instagram.com/thefundraisingshow/

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Introduces a Special Competition Category for Specially Abled Professionals

New Delhi (India), June 15:  Association of Hospitality Professionals (AHP), a non-profit registered organization committed to promoting excellence in the hospitality industry, is proud to announce the much-awaited sixth edition of AHP Hospitality Challenge and Awards – 2023. This prestigious event serves as a platform to encourage and recognize young hospitality professionals while showcasing their remarkable talent and creativity.

The AHP Hospitality Challenge and Awards – 2023 will commence with a series of competitions designed to test the skills and expertise of participants in various operational areas of the hotel industry. These include the Culinary Challenge, Front Office Master, Art of Bed Making, Art of Towel Folding, War of Spirits, Art of Table Setting, Hospitality Challenge (Student Category), and Hospitality Challenge (Specially Abled Category). These events will take place at esteemed venues such as the Banarsidas Chandiwala Institute of Hotel Management & Catering Technology, Indian Hotel Academy, and The Park, all located in New Delhi.

AHP takes great pride in introducing the Specially Abled Category in AHP Hospitality Challenge 2023, exemplifying their unwavering dedication to inclusivity and equal opportunities. This groundbreaking initiative celebrates exceptional talents, dismantles barriers, and nurtures a more diverse and empowering hospitality industry. By offering a dedicated platform for specially-abled individuals to showcase their skills and compete alongside their peers, AHP cultivates a culture of acceptance, understanding, and appreciation for all aspiring professionals. The introduction of AHP’s Specially Abled Category in Hospitality Challenge 2023 marks a momentous stride towards shaping a future that is both inclusive and empowering for the hospitality industry.

Mr. Vinod Gulati, President of the Association of Hospitality Professionals, said, “We are thrilled to welcome participants from leading hotels across India who will compete in front of a distinguished jury comprising F&B Managers, Directors, Executive Chefs, and Executive Housekeepers from prestigious hotels and institutes. These competitions are a stepping stone for these young professionals, helping them gain recognition for their skills and paving their way to a successful career in the hospitality industry.”

Ms. Devipshita Gautam, General Secretary, the Association of Hospitality Professionals, said, “The Hospitality Challenge and Awards have consistently provided a platform for budding hospitality professionals to shine. This year, we are expecting over 300 participants in the under-20 category competition, making it the largest gathering of young talents in India’s hospitality industry. Additionally, we are proud to announce that AHP is breaking barriers by introducing the Specially Abled Category in the Hospitality Challenge for the first time. This significant step showcases AHP’s unwavering commitment to celebrate and honor the diverse talents and abilities within the hospitality industry.”

This year, AHP has partnered with the Tourism and Hospitality Skill Council as the skilled partner to promote and contribute to the Government’s Skill India Mission by providing the right platform. Additionally, we are striving to create awareness about the World Skill Competition,” added Ms. Devipshita Gautam.

Following the competitions, AHP will host the highly anticipated AHP Hospitality Excellence Awards 2023 at the USI Auditorium, Vasant Vihar, New Delhi, on July 8th, 2023. The award ceremony will be a grand affair attended by prominent hoteliers, restaurateurs, renowned chefs, hospitality experts, and corporate executives. The Hospitality Excellence Awards serve as a testament to the exceptional contributions made by these leaders in shaping the hospitality industry.

(AHP) The Association of Hospitality Professionals is a non-profit registered organization formed under the Society Act of 1860. Since its inception in 2010, AHP has been at the forefront of organizing hospitality events, competitions, and award functions, providing a platform to encourage and recognize the remarkable talents within the hospitality industry.

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Mr. Rahul Chaudhary, MD & CEO, CG Corp Global and CG Hospitality Holdings at the press conference on the grand opening of its 100th hotel, The Fern Shelter Resort, India.

Gurugram (India), June 15: CG Hospitality Holdings, the hospitality arm of CG Corp Global expands its extensive portfolio of 150+ hotels and resorts with the grand opening of its 100th hotel, The Fern Shelter Resort, India. Concept Hospitality (CHPL) India, a prominent member of CG Hospitality Holdings and the largest vertical of CG Corp Global, Nepal’s only billion-dollar multinational conglomerate, proudly announces The Fern Shelter Resort, nestled in the captivating surroundings of Palghar, Maharashtra in India offers guests an immersive and luxurious retreat. With its modern amenities, serene ambiance, and eco-friendly initiatives, the resort exemplifies The Fern Hotels & Resorts’ dedication to delivering outstanding hospitality experiences while prioritizing sustainability.

Dr Binod Chaudhary, Chairman & Founder of CG Corp Global, expressed his thoughts on this momentous occasion, stating, “It is with immense pride that we bear witness to the inauguration of CG Hospitality’s 100th hotel in India, operating under the esteemed flagship brand, The Fern Hotels & Resorts. This significant achievement epitomizes our steadfast commitment to delivering hospitality experiences that are both environmentally sensitive and sustainable. As we forge ahead with our portfolio expansion, we remain steadfast in our dedication to curating unforgettable and conscientious stays for our esteemed guests. The Fern Hotels & Resorts has solidified its position as an industry leader, and we are thrilled to extend our distinctive offerings to an even broader array of destinations across the globe.” 

Commenting on the hotel’s grand opening, Mr. Rahul Chaudhary, MD & CEO, CG Corp Global and CG Hospitality Holdings said “CG Hospitality proudly commemorates its history of successful joint ventures and globally renowned assets alongside esteemed partners in the hospitality sector. Over the two decades, we have forged strategic alliances with leading brands such as Taj, Taj Safaris, Vivanta, Jetwing, Radisson, Fairmont, as well as our very own CHPL brands. CG’s extensive portfolio includes over 150+ hotels and resorts across 12 countries, spanning 91 sought-after destinations. These remarkable properties stand as a testament to our unwavering commitment to excellence and innovation in the hospitality industry.” 

Mr. Suhail Kannampilly, Managing Director, The Fern Hotels & Resorts, expressed his utmost pride and joy as the brand reached this momentous milestone with the launch of its 100th hotel. He added “The unveiling of The Fern Shelter Resort, Palghar not only marks the expansion of the brand into this bustling business district but also signifies a significant achievement in the group’s journey. We are grateful to our valued guests, dedicated team members and esteemed partners who have played a significant role in our growth and success. As we celebrate this achievement, we remain dedicated to expanding our presence and setting new benchmarks in the hospitality industry.” 

CG Hospitality believes in seeking out unique destinations and creating a distinct hospitality experience that sets it apart from the rest. The portfolio is expected to expand to include over 200 hotels and 10,000 keys. CG’s diverse range of themed lifestyle brands offers transformative and rejuvenating experiences, whether it’s through holistic health and wellness, immersive local exploration, cultural and indigenous heritage, or marine exploration, adventure safaris, and nature treks. These offerings cater to the desires of conscious travelers seeking meaningful experiences.

CG Hospitality’s lifestyle properties encompass a variety of exquisite urban establishments, including luxury hotels, business class hotels, safari lodges, health resorts and spas, island resorts, holiday destinations, and world-class residences. These exceptional properties are located across Asia, the GCC region, and East Africa, catering to the discerning tastes of travelers seeking unparalleled experiences.

This grand milestone solidifies CG Hospitality Holding’s position as the second largest management company in India for five consecutive years. Additionally, for three consecutive years, CG has been recognized as the top organization for opening the highest number of hotels, ranging from 15 to 20 annually. The Fern Hotels & Resorts has been recognized as the trailblazer of the ‘green hotel’ movement in India, setting industry standards for sustainability and eco-friendly practices. With the launch of The Fern Shelter Resort, CG continues its legacy of spearheading the concept of responsible hospitality, even two decades after introducing this trend to the fastest developing nation in South East Asia.

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New Delhi (India), June 15: Carbon Guzzlers announce their first ever Indiegogo Crowdfunding Campaign for their eco-friendly device, the Baby Guzzler.

The Baby Guzzler is an environment friendly device that captures carbon dioxide from the atmosphere. The device is easy to install and can be used both at home and office spaces. With its modern design, the Baby Guzzler is not only effective but also aesthetically pleasing, ensuring it fits seamlessly into any room.

To see a demonstration of the device, click here https://youtu.be/UElVtn-qxWo

Carbon Guzzlers’ mission is to provide innovative solutions to tackle climate change, and the Baby Guzzler is their first offering. By capturing carbon dioxide from the atmosphere, the Baby Guzzler helps to reduce the carbon footprint and contributes to a more sustainable future.

The Power is in Your Hands

The Indiegogo crowdfunding campaign aims to raise funds for the production and distribution of the Baby Guzzler. Backers of the campaign will not only be contributing to a more sustainable future but also receive exclusive perks and rewards. 

“We are excited to launch the crowdfunding campaign for our first step – the Baby Guzzler,” said Senthil Rajendran, the founder of Carbon Guzzlers. “Our team has worked hard to create a device that not only helps to combat climate change but is also the perfect addition to any home or office space. We look forward to bringing it to market with the help of our backers.”

Carbon Guzzlers utilizes a unique and innovative carbon capture technology that removes carbon dioxide from the atmosphere. The air exiting the device has much lesser CO2 as compared to the air entering it. The company believes that this technology has the potential to be a game-changer in the fight against climate change and hopes to bring it to market with the help of crowdfunding.

“We believe that our technology can play a crucial role in mitigating these effects,” said Senthil Rajendran. “We want to make a difference, and we believe that crowdfunding is the perfect way to do it, as it gives power to the people to make a difference. Backers of the Indiegogo crowdfunding campaign will be supporting a company that is dedicated to creating a more sustainable future for all.”

Help Make Sustainable Future a Reality 

In the near future Carbon Guzzlers plan to launch a number of amazing products which will offer a range of carbon capture services. They believe that these types of products have the potential to revolutionize the way we think about carbon emissions and create new economic opportunities.

The funds raised through the Indiegogo Campaign will be used to help bring the Baby Guzzler to the market. The company believes that this device has the potential to make a significant impact in the fight against climate change and hopes that the public will support its mission.

“Climate change is a global issue, and we believe that everyone has a role to play in addressing it,” said Ravishankar Balasubramanian, Co-Founder of Carbon Guzzlers. “We’re excited to launch this crowdfunding campaign and to engage with people who share our passion for a sustainable future.”

Carbon Guzzlers’ crowdfunding campaign begins 15th June, 2023 and ends on 13th August, 2023. Make a wise decision by being a part of this revolution and contributing towards a better future!

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With an investment of a whopping Rs. 8.3crores for the franchise, JetSynthesys kicks off its foray into mainstream cricket

Pune (Maharashtra) [India], June 15: Leading digital entertainment and technology company, JetSynthesys, acquires the franchise rights of the ‘Ratnagiri Jets’ in the highly anticipated fourth edition of the Maharashtra Premier League (MPL) 2023. JetSynthesys won the bid of the team for Rs. 8.3 crores marking its entry into the realm of sports ownership. Notable all-rounder Azim Kazi is the icon player and the captain for the franchise.

This is JetSynthesys’formal entry into sports leagues through‘Jets’ who have time and again reinforced its commitment to promoting sports and supporting local talent. A market leader in the field of cricket gaming and esports, JetSynthesys boasts of joint ventures with global publishers and sporting legends like Sachin Tendulkar, along withstellar in-house brands like Real Cricket. 

Talking about the victorious bid, Rajan Navani, Founder and CEO, JetSynthesys said, “We are thrilled to be a part of this year’s edition of the Maharashtra Premier League. This endeavour resonates with JetSynthesys’ core values of supporting local talent, nurturing aspirations, and building a vibrant sports ecosystem. While we capture over 60% of the market for simulatedmobile cricket games in India, MPL was the perfect way to put our first step in mainstream cricket. We look forward for a long-standing association with the Maharashtra Cricket Association and are eager to witness a league of pure sportsmanship.” 

The Jets also bid for and won the second most expensive player Divyang Hinganekar who is an all-rounder and regional superstar Nikhil Naik in their roster along with Azim Kazi. Theteam includesother key players likeRishikesh Sonawane, Kiran Chormale as well. JetSynthesys has always been committed to promoting the spirit of sportsmanship and have been associated with local tournaments of a variety of sports including football, swimming, badminton and many more. MPL 2023 marks one of the biggest steps towards foraying into mainstream cricket tournament.

The Maharashtra Premier League, known for its electrifying cricket matches, has captured the hearts of cricket enthusiasts across the state. Theleague will be played from 15th June – 29th June at Maharashtra Cricket Association’s International Stadium between PuneriBappa, Chhatrapati Sambhaji Kings, Eagle Nashik Titans, Kolhapur Tuskers, Solapur Royals, and Ratnagiri Jets. The tournament will be live telecasted on DD Sports in India and streamed on the FanCode app for the viewers. 

JetSynthesys is a new-age digital entertainment and technology company with a global foray into three key ecosystems: (a) gaming and esports, (b) digital entertainment, and (c) wellness and livelihoods. With millions of consumers across 180 countries, JetSynthesys builds world-class products, platforms, and services in these three verticals, aiming to touch the lives of billions of consumers. Since its launch in 2014, under the leadership of Rajan Navani (Chairman & Managing Director), JetSynthesys has built a powerful ecosystem of technology, talent, content, and distribution stacks, and is committed to delivering delightful moments to all stakeholders across multiple digital worlds, aptly titled the #Jetverse.

The company is backed by Kris Gopalakrishnan, Adar Poonawalla, Sachin Tendulkar, and the multi-billion-dollar family offices of the promoters of Thermax, Triveni Group, Yohan Poonawalla Group, and DSP Group. With offices in Europe, the UK, and the US, JetSynthesys is a key player in India’s digital landscape. Built on innovation and new-age culture, JetSynthesys is building a digital ecosystem for consumers to be the one-stop solution for all their digital needs. It is perfectly poised to create success stories at scale through made-in-India apps with the best talent available globally, funded by the Indian capital.

JetSynthesys is part of the diversified JetLine Group of Companies, the roots of which originated in the 1930s in Bangkok, Thailand with a presence in India since 1974. Established by the Late Kishinchand Navani in 1937, the growth in Thailand and South-East Asia over several decades has resulted in large-scale manufacturing industries in textiles, packaging, electronics, and real estate development amongst others. 

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Company successfully turnaround business operations and reports Net Profit of Rs. 1.58 crore in FY23

Gujarat (India), June 15: Veerhealth Care Ltd – engaged in the business of ayurvedic, herbal and personal care products has signed contract to supply “WHIDENT” range of toothpaste to North West African countries including Morocco, Casablanca etc. The move is part of company’s expansion plans to expand its presence in the export market and increase export sales. Company has already been successfully manufacturing and exporting various types of toothpaste to East African countries.

Company has a strong product portfolio of over 100 Herbal and Ayurvedic Products in Skincare, Bodycare, Haircare, Oralcare, Healthcare and Fragrance. Company’s brand ‘Ayuveer’ and its e-commerce platform is getting strong traction in the domestic and export markets; Started exports to USA and South Africa. Company’s client includes Dava India, Gracious Pharma, Babuline Pharma, Graciera Pharma etc.

Highlights:-

• Company has a strong product portfolio of over 100 Herbal and Ayurvedic Products in Skincare, Bodycare, Haircare, Oralcare, Healthcare and Fragrance
• Company has successfully completed Rs. 5.9 crore preferential issue of 30.65 lakh shares at Rs 19.25 per share to fund its expansion plans
• Company’s brand ‘Ayuveer’ and e-commerce platform is getting strong traction in the domestic and export markets; Started exports to USA and South Africa
• Company’s client includes Dava India, Gracious Pharma, Babuline Pharma, Graciera Pharma etc

Company has successfully turnaround the business operations in FY23 and ready for the next phase of growth and quantum jump in the revenue and profits. Company is progressing well on its long-term growth roadmap and expect to completed its expansion plans very soon. Company’s ‘Ayuveer’ brand is getting good traction in the domestic and export markets and company is planning to launch many innovative product in time to come. Company expect the growth momentum to continue and expect to get further boost in coming years.

Company has reported net profit of Rs. 1.58 crore and revenue from operations of Rs 13.27 crore in FY23. Company also successfully completed preferential issue of Rs. 5.90 crore to fund its expansion plans.

For FY23, company reported revenues of Rs. 13.27 crore, 38% growth YOY as against revenue of Rs. 9.62 crore in FY22. Company reported net profit of Rs. 1.58 crore in FY23 as against loss of Rs. 9.6 lakh in FY22. EPS for FY23 was Rs. 1.52 per share.

In the month of March 2023, company completed preferential allotment of 30.65 lakh equity shares of Rs. 10 each at Rs. 19.25 per share including premium of Rs. 9.25 per share amounting Rs. 5.90 crore. The funds are being utilised for the expansion of company’s manufacturing facilities, new product launches and install new manufacturing lines.

During Q4FY23, revenues of the company reported 85% growth to Rs. 3.73 crore as against revenue of Rs. 2.01 crore in Q4FY22. Company posted net profit of Rs. 1.04 crore during Q4FY23 as against loss of Rs. 34.81 lakh in Q4FY22.

The Company produces Intensive research-based quality products with expert guidance and enormous experience of renowned Vaid of Mumbai, Dr. Vinod C. Mehta, an Ayurvedic practioner since 30 years and Dr. Rajiv Bhirud, an expert in formulations of cosmetic and personal care products. The company is well-equipped with state-of-the-art manufacturing facilities and skilled personnel to ensure optimum utilization of resources with the best quality product.

Company has a vision to become a leading provider of health care and personal care products by making available research-based quality products to meet the varied health needs of customers.

Ayurveer – Story

Ayuveer has been created from the founder’s passion for authentic products. The team is committed to bring supreme quality of products to you and your family.

Ayuveer is not only about a business, but it is an endeavour to make every home cruelty free. Company wish to inspire every brand to get their products to follow Make In India.

Company has carefully curated every product to make sure that only the best reaches to its customers. Company aim to provide you with excellent customer service, hassle free purchases and timely deliveries.

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Bangalore (Karnataka) [India], June 14: Xelate, an illustrious and innovative Edtech startup in the software training domain, proudly announces its remarkable achievement of operating a successful business with unflinching honesty, integrity and relentless passion. Its upfront approach and transparency towards students, openly declaring to them that they don’t provide any 100% job guarantee, is absolutely commendable. It puts emphasis on this revered company’s work ethics, showing how they steer clear of gimmicks and empty promises and don’t persuade students to enrol with their institute.

Xelate reached this major milestone organically without spending a single rupee on marketing or advertisements. It seamlessly managed to attain significant growth, predominantly due to word-of-mouth publicity. Their outstanding dedication to delivering intensive practical skills and relevant hands-on training makes them stand out. 

One of the key highlights of Xelate’s achievement is the successful placement of their students who fall under the “Ineligible Category” based on the standard eligibility criteria set by IT companies. These criteria typically include a recent pass-out year, an engineering degree in CS/IT, and consistent academic performance above 60%. Despite not meeting one or more of these criteria, Xelate has successfully placed students from diverse backgrounds, breaking the barriers set by industry norms, and achieved an average placement percentage (overall) of 71% during the period from March 2021 to January 2022.  Out of all these students who were placed, 60% were those who didn’t fit the conventional IT company eligibility requirements. The standard requirements established by IT companies were only met by 11% of the students. The students of the batches from February 2022 to date are yet to complete the placement support period of 18 months.

Xelate raised the bar significantly by attaining a placement rate as high as 95% for numerous batches, excluding the recession period. This is a commendable accomplishment for a company to garner such a colossal percentage of successful placements. However, it is important to note that the recent recession has impacted its placement rates in the last 6-7 months,  obstructing its progress to achieve the same level of placement success. Despite this setback, Xelate is as passionate as ever to assist job seekers and adapt to challenging market conditions.

Throughout their journey, Xelate has overcome various challenges. Convincing IT companies to reconsider their standard eligibility criteria for entry-level hiring has proven to be the biggest obstacle. Most companies prioritise candidates with excellent academic records, recent graduation, and a CS/IT background. This poses a significant challenge as Xelate’s students come from diverse academic and professional backgrounds, often not meeting the traditional criteria.

Additionally, Xelate strives to change the mindset of job seekers who possess gaps in education or career, lower academic percentages, or non-IT backgrounds. It is a constant challenge to make these individuals understand that legitimate opportunities are available to them if they approach the job search with honesty and genuine effort. Xelate emphasises the importance of realistic expectations and encourages job seekers to consider all avenues, including start-up companies, as stepping stones to their dream careers.

Xelate’s accomplishments align perfectly with its heartfelt mission, which is focused on helping employers find proactive, well-trained, and competent candidates and supporting all job seekers, regardless of their academic background or career gaps. 

The impact of Xelate’s achievement is quantifiable and significant. By showcasing the success stories of their students, Xelate aims to raise awareness among job seekers that securing a job in the IT industry is attainable through honesty and hard work. The company has successfully placed numerous individuals with education gaps, lower academic percentages, and non-IT backgrounds, debunking the belief that shortcuts or fake experiences are necessary for success.

Xelate’s stellar achievement is a result of the collective effort of the entire team. What sets Xelate apart from other Edtech companies is its upfront approach and utmost commitment to students’ growth trajectory. Also, this startup company in the software training domain deliberately forms heterogeneous batches, ensuring a mix of freshers with different academic records, old pass-outs, and individuals from both CS/IT and non-CS/IT backgrounds.

Although Xelate has received a multitude of accolades and recognition, the real gratification comes from seeing the joy on their students’ faces when they secure placements and the blessings received from their parents. Looking ahead, Xelate plans to expand its training programmes to cover a wide spectrum of software courses, catering to the specific requirements of hiring partners and various IT companies.

Xelate’s remarkable accomplishment will benefit customers, stakeholders, and the industry as a whole by creating awareness among job seekers that legitimate pathways exist for entering the IT industry.

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